BERMAN10.PPT 34KB Jun 05 2011 09:30:17 PM
MARKETING CHANNELS
Promotion Strategy
Berman Chapter 10
Version 3.0
1
•
•
•
•
A. Special factors
B. Strategies
C. Push Strategies
D. Pull Strategies
2
Promotional Strategy
A. Special Factors
• Channel members
– Manufacturers
– Promotional Agencies
• Advertising
• Public Relations
– Wholesalers
– Retailers
3
• Elements
– Lead generation
– Cooperative Advertising
– Demonstrations
• Considerations
– Primary demand
– Selective demand
– indirect promotional effort
4
B. Strategies
• Push
– through the channel
• vs Pull
– through the consumer
• allocation to each strategy
5
C. Push Strategies
Member Information Sources
•
•
•
•
•
•
Manufacturer Reps
Trade Pub Advertising
Catalogs
Trade Shows
Direct mail
Newsletters
New lines
•
59%
•
45
•
25
•
16
•
16
•
4
Existing lines
67%
30
34
10
15
6
6
Push Strategy
• 1. Advertising
– dealer listings, promotions
• 2. Personal Selling
– Sales Reps Roles
• Teacher
Reviewer
Working partner
• Ambassador Ombudsman Motivator
• 3. Sales Training Programs
• stage one - basic training
• stage two - joint sales calls
• stage three - dealer sufficiency
7
4. Sales Promotion
–
–
–
–
Street money
Pay-for-performance programs
push money - spiffs, Pm’s
distributor recognition programs
• Publicity
• Improving push promotions
8
D. Pull Strategies
• 1.Advertising
– account specific advertising
– cooperative advertising
• national vs local
• third party documentation agencies
• 2.Personal Selling
9
3. Sales Promotion
“Types”
• couponing consumer
direct
• couponing retailer ads
• couponing - instore
• Premium offers
• sweepstakes
• pre-priced products
• cents-off promotions
• sampling new
products
• money back offers/
cash refunds
• sampling established
products
• contests
10
• Sales Promotion
– details
• coupons
• rebates
• trade shows
– visitors
– diversified
– multi industry exhibitions
– multi industry
11
Pull Oriented Strategies
4. Miscellaneous Sales Promotions
• premiums
– self-liquidating
– fulfillment houses
– frequent user clubs
• contests, sweepstakes
• point of purchase displays
• instore materials
12
Pull Oriented Strategies (cont)
• Publicity
• Improving public relations
– common image integration
– professional organization structures
• internal coop advertising coordinator
• newspaper industry organizer
– integrated marketing
• database marketing
– alternative promotional media
13
Pull Oriented Strategies (cont)
• 5. Legal Aspects
– promotional allowances
• Robinson Patman
– reimbursement for promotional expenses
14
Promotion Strategy
Berman Chapter 10
Version 3.0
1
•
•
•
•
A. Special factors
B. Strategies
C. Push Strategies
D. Pull Strategies
2
Promotional Strategy
A. Special Factors
• Channel members
– Manufacturers
– Promotional Agencies
• Advertising
• Public Relations
– Wholesalers
– Retailers
3
• Elements
– Lead generation
– Cooperative Advertising
– Demonstrations
• Considerations
– Primary demand
– Selective demand
– indirect promotional effort
4
B. Strategies
• Push
– through the channel
• vs Pull
– through the consumer
• allocation to each strategy
5
C. Push Strategies
Member Information Sources
•
•
•
•
•
•
Manufacturer Reps
Trade Pub Advertising
Catalogs
Trade Shows
Direct mail
Newsletters
New lines
•
59%
•
45
•
25
•
16
•
16
•
4
Existing lines
67%
30
34
10
15
6
6
Push Strategy
• 1. Advertising
– dealer listings, promotions
• 2. Personal Selling
– Sales Reps Roles
• Teacher
Reviewer
Working partner
• Ambassador Ombudsman Motivator
• 3. Sales Training Programs
• stage one - basic training
• stage two - joint sales calls
• stage three - dealer sufficiency
7
4. Sales Promotion
–
–
–
–
Street money
Pay-for-performance programs
push money - spiffs, Pm’s
distributor recognition programs
• Publicity
• Improving push promotions
8
D. Pull Strategies
• 1.Advertising
– account specific advertising
– cooperative advertising
• national vs local
• third party documentation agencies
• 2.Personal Selling
9
3. Sales Promotion
“Types”
• couponing consumer
direct
• couponing retailer ads
• couponing - instore
• Premium offers
• sweepstakes
• pre-priced products
• cents-off promotions
• sampling new
products
• money back offers/
cash refunds
• sampling established
products
• contests
10
• Sales Promotion
– details
• coupons
• rebates
• trade shows
– visitors
– diversified
– multi industry exhibitions
– multi industry
11
Pull Oriented Strategies
4. Miscellaneous Sales Promotions
• premiums
– self-liquidating
– fulfillment houses
– frequent user clubs
• contests, sweepstakes
• point of purchase displays
• instore materials
12
Pull Oriented Strategies (cont)
• Publicity
• Improving public relations
– common image integration
– professional organization structures
• internal coop advertising coordinator
• newspaper industry organizer
– integrated marketing
• database marketing
– alternative promotional media
13
Pull Oriented Strategies (cont)
• 5. Legal Aspects
– promotional allowances
• Robinson Patman
– reimbursement for promotional expenses
14