Selling your product goes
hand-in-hand with positioning the consumer face-to-face with your display. One way to do
this is to simply offer sweepstakes or contest entry forms at point-of-sale. A
match-and-win game is also an option for this objective. Consumers can play when they find
a free game piece in a newspaper or direct mail package that has a symbol or number. To
find out if they are a winner, they are instructed to go to your participating retailer.
Gaming can help you capture names,
addresses and other information for your database. For example, you can obtain lifestyle
information as it relates to your product and other brands your company manufactures.
A contest may be designed
specifically to gain market research information about your product.
Programmed learning promotions
usually require that the entrant answer a set of questions in order to be entered into the
drawing. This is not considered to be a skill, because the answers are easily found. Keep
it short, focused, and to the point. There should be no more than three questions which
are strategically planned to take advantage of your product's best features.
One of the best ways to encourage
re-purchase is to design a prize promotion that involves multiple steps. In a
collect-and-win game, participants are required to collect game pieces, which they
automatically receive with each purchase. Your ultimate goal is to get the consumer into
the habit of buying your quality product.
If the promotion doesn't involve the
package, Ventura has the systems in place to expedite promotions as quickly as
registration and advertising lead times permit.
The product and its seasonality,
geographic location, and the lifestyle of your target market all have bearing on when and
how long to run a promotion, and the lead time for preparation. Depending on the product,
prize promotions may get extra mileage from seasonal holidays and activities. You're not
going to run a suntan lotion promotion in winter in the northeast, but you may hit the
jackpot for promotions on baking supplies.
Package goods prize promotions
usually run through a season (if applicable), or an average of six to eight weeks. As you
read on, you will find that the length of time for packaged goods promotions is shorter
than for direct response and other mediums. This is due to the distribution channel. A
supermarket isn't likely to post promotional materials for more than a few weeks.
If you're running a joint
trade/consumer promotion be aware of the necessary coordination.
What to Do When
|
Benefit |
Type
of Promotion |
|
build traffic at point of
sale |
match-and-win |
|
build
database, market research |
sweepstakes
and games |
| generate trial |
sweepstakes overlay on coupon,
in-pack or on-pack sweepstakes or game, sampling |
|
build
awareness |
watch-to-win |
| build awareness, teach
features |
programmed learning |
|
build
continuity |
collect-and-win,
premium programs |
Chapter
4: Durable Goods
Executive Summary
Promoting durable goods indicates
special considerations due to how the consumer makes the decision. Keep in mind that
he/she will be interested in: product considerations, manufacturer/retailer
considerations, and price considerations.
All of these issues cannot be
addressed in one promotion directly. It is best to build relationships between your brand
and the consumer, and draw him/her in to see your display and talk to salespeople.
Concurrent consumer and trade
promotions for the franchisees, distributors and salespeople, offer exciting opportunities
for marketing durable goods, because salespeople are motivated to try harder to influence
the purchase decision.
A prize promotion doesn't always tie
directly to sales. It can be used to set the stage for future involvement between a
company/product and consumers by contributing to positive relationship building and by
serving as a vehicle for database development.
If you are using a prize promotion
solely to develop a database, make it as easy as possible to enter, such as a simple
sweepstakes with postage paid entry form included.
Timing counts. If the durable good
is likely to be purchased as a gift, consider running it with a holiday or occasion
tie-in. If the product is more for personal use, such as a car or a machine for business,
it is best to stay clear of event tie-ins.
Don't overlook opportunities to tie
in with trade or home shows.
Prize promotions for durable goods
can be used for local, regional, national or even international programs. If the promotion
will be advertised in or sent to a particular region, it is important that you ensure
compliance in advance by franchisees, dealers, etc.
Chapter 5: Retail
Establishments
Executive Summary
If a prize for an instant game can
be claimed at point of sale, you can save money on postage for prizes, and, once again,
you encourage the consumer to visit your establishment.
You can gain visibility for the
promotion through advertising in various venues, including newspapers, radio, television,
and point of sale. Anything you post at the facility adds to the excitement of the
program, and can attract people who may not have had previous exposure to the promotion.
Prize promotions, even continuity
promotions, should be as simple as possible. Simplicity and high visibility are key
aspects of retail promotions.
You can use prize promotions for
restaurants and retail: to build traffic, build a database, sell product, and keep
customers coming back.
The timing involved in retail
programs depends on the type of program, the theme, and whether there is a tie-in with a
seasonal product or holiday.
The length of a promotion is an
important factor. The key here is to keep the program fresh.
It's important to remember to get as
much participation among retailers as possible to ensure that consumers who respond to
advertisements and go to participating stores aren't disappointed. |