Sales promotion

sidraiqbal5249 13,221 views 16 slides May 14, 2013
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Slide Content

“SALES PROMOTION”

Topics:
Defining sales promotion.
Sales promotion objectives.
Promotional techniques.
PLC and promotion.
Conclusion.

What is Sales Promotion?
“Short term incentives offered to customers to
encourage buying.”
Its aim is to inform, to persuade and to remind.

SALES PROMOTION
OBJECTIVES:
To increase brand awareness.
To attract new customers and retain existing one.
To maintain sales of seasonal products.
To meet the challenge of competition.

PROMOTIONAL TECHNIQUES:
SALES PROMOTION TOOLS
CONSUMER
PROMOTIONS
TRADE
PROMOTIONS

CONSUMER PROMOTIONS:
“It is used to boost short-term customer buying
and involvement or to enhance long term
customer relationships.”
Major tools are samples, coupons, premiums,
point of purchase, sweepstakes and event
sponsorship.

COUPONS:
It is a discount certificate that is given to buyer for
purchase of a specific product.

PRICE OFF AND PREMIUMS:
Free gifts or other special offer reductions offered
to customers.
It may be in or on package premium such as toys
in cereal etc.

POINT OF PURCHASE:
It contains display and demonstrations at mostly
check out points.
Special displays are also used in stores.

SWEEPSTAKES AND CONTESTS:
It gives customers chance to win like scratch n
win offers.
In contest consumers compete on skills and win.

SAMPLES:
Samples are trial of a product. It is delivered door
to door, through stores, via mail and by trial
offers.
Samples are mostly in small quantity in sachet
form or mini packaging of the product.

EVENT SPONSORSHIP:
Events like TV shows, matches and sitcoms are
sponsored by various products to increase
demand.

TRADE PROMOTIONS:
It is used to persuade and increase demand of
products in retail stores.
It is to attract customers attention on the products
and helping retailers get customers in the shop.
Major tools are in-store displays, coupons,
contests and price reductions.

PLC & SALES PROMOTION:
The product life cycle is entirely affected by
promotional techniques.

CONCLUSION:
“The key to affective sales is through all the
promotional techniques. Both consumer and trade
promotions are profit builder tools.”
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