Cheap Personalized Pens - Promotion "Above the Line" and "Below the Line"Hello everybody. Now, I learned about Cheap Personalized Pens - Promotion "Above the Line" and "Below the Line". Which could be very helpful in my opinion and also you. |
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Promotion can be loosely classified as "above the line" and "below the line" promotion. The promotional activities carried out straight through mass media like television, radio, newspaper etc. Is above the line promotion. What I said. It shouldn't be the actual final outcome that the true about Cheap Personalized Pens. You check this out article for info on a person want to know is Cheap Personalized Pens.Cheap Personalized PensThe terms 'below-the-line' promotion or communications, refers to forms of non-media communication, even non-media advertising. Below-the-line promotions are becoming increasingly leading within the communications mix of many companies, not only those complicated in fmcg products, but also for commercial goods. Some of the ways by which fellowships do Btl (below the line) promotions are by exhibitions, sponsorship activities, collective relations and sales promotions like giving freebies with goods, trade discounts given to dealers and customers, reduced price offers on products, giving coupons which can be redeemed later etc. Below The Line Sales Promotion Below the line sales promotions are short-term incentives, largely aimed at consumers. With the increasing pressure on the marketing team to achieve communication objectives more efficiently in a little budget, there has been a need to find out more sufficient and cost sufficient ways to characterize with the target markets. This has led to a shift from the regular media based advertising. A definition of below-the-line sales promotion given by Hugh Davidson: 'An immediate or delayed incentive to purchase, expressed in cash or in kind, and having only a short term or temporary duration'. Methods of below the line sales promotion 1. Price promotions Price promotions are also generally known as" price discounting". These can be done in two ways: (1) A reduction to the normal selling price of a product, or (2) More of the goods at the normal price. Price promotions any way can also have a negative ensue by spoiling the brand credit or just a temporary sales boost (during the discounts) followed by a lull when the reduction would be called off. 2. Coupons Coupons are another, very versatile, way of offering a discount. Think the following examples of the use of coupons: - On a pack to encourage repeat purchase - In coupon books sent out in newspapers allowing customers to redeem the coupon at a retailer - A cut-out coupon as part of an advert - On the back of till receipts The key objective with a coupon promotion is to maximize the redemption rate - this is the proportion of customers truly using the coupon. It must be ensured when a company uses coupons that the retailers must hold sufficient stock to avoid customer disappointment. Use of coupon promotions is often best for new products or perhaps to encourage sales of existing products that are slowing down. 3. Gift with purchase The "gift with purchase" is a very common promotional technique. In this scheme, the customer gets something extra along with the normal good purchased. It works best for - Subscription-based products (e.g. Magazines)
4. Competitions and prizes This is an leading tool to growth brand awareness amongst the target consumer. It can be used to boost up sales for temporary period and ensure usage amongst first time users. 5. Money refunds Here, a customer receives a money repayment after submitting a proof of buy to the manufacturer.
6. Frequent user / loyalty incentives Repeat purchases may be stimulated by frequent user incentives. perhaps the best examples of this are the many frequent flyer or user schemes used by airlines, train companies, car hire fellowships etc. 7. Point-of-sale displays Shopping habits are changing for the people living in metropolitan cities. people prefer big sell outlets like Big Bazaar to local kirana stores. Most of the decisions of buying are taken by the virtue of point-of-sale displays in these sell outlets. Some Intersting Examples Of Btl Promotion Most of the big brands are following the suit of Btl promotion because of rising prices of media based promotion, advertising clutter and increased impulse purchasing. Some of the engaging examples are: Most of the educational institutes like career launcher, Time and Pt are holding informative workshops and free tests for students which give a direct interaction of these institutes with the target customer and hence a favorable platform to sell themselves. Ring tones and music videos on cell phones are helping the entertainment manufactures to promote for a music video or a movie for dirt-cheap rate as compared to media promotion. Various fellowships sponsor sport events to promote their brand, but nowadays media fellowships like Hindustan Times are holding weekly events straight through out the country in which fellowships can put up their stalls, display banners and posters and arrange for some fun activities. These events give the fellowships a platform at very low price to promote their brand and growth visibility among target consumer. These fellowships also give reduction coupons to winners in the games, which in turn boost the sales of the products and ensure that first time users try these products as well. Pepsi organized an inter school cricket event for 425 schools across 14 cities which did wonders for the company by promoting the brand amongst the right target customer for practically no cost. Most of the pharmacy fellowships do Btl promotion by getting shelf space straight through doctors to display their products or by giving away free calcium tablets again straight through doctors, knowing that for a inpatient a personal recommend from a doctor would hold more value as compared to a commercial advertisement. Another engaging Btl promotion was by Nike, an athlete dressed up in Nike sportswear could be seen jogging on an elevated treadmill for the whole day on National Highway 8, Delhi. Btl promotions are gaining popularity among all big fellowships nowadays considering their effectiveness because of the "individual customer promotion" at a price, which is much lesser than the normal media promotions. I hope you have new knowledge about Cheap Personalized Pens. Where you can put to used in your day-to-day life. And above all, your reaction is passed about Cheap Personalized Pens. Read more.. Promotion "Above the Line" and "Below the Line". |
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