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Sales Promotion Programs that marketers design to build interest in or encourage purchase of a product or service during a specified time period.

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Presentation on theme: "Sales Promotion Programs that marketers design to build interest in or encourage purchase of a product or service during a specified time period."— Presentation transcript:

1 Sales Promotion Programs that marketers design to build interest in or encourage purchase of a product or service during a specified time period

2 Sales Promotions by Target
Consumers Coupons Samples Contests Bonus packs Premiums Rebates Frequency programs Brand placement Trade Trade shows Incentive programs POP displays Push money Promotional products Cooperative promotions

3 Promotional Products Promotional products like 3M Post-It Notes
with corporate logos are a great way to keep a brand in front of customers.

4 Contests

5 Contests Contests like this one encourage
consumers to purchase more product.

6 Premiums Premiums provide consumers with a reason to choose one brand over another.

7 Samples

8 Samples

9 Cross-Promotions Cross-promotions
tie together two or more brands in a single sales promotion

10 Brand Placements Practice of integrating specific products and brands into filmed entertainment name brand product is used as a prop or set in TV show or movie increase brand awareness and image

11 Brand Placements Visual Hands-on Verbal

12 Personal Selling Occurs when a company representative contacts a prospect directly regarding a product Critical for many push strategies, B2B products, products that are complex and expensive, and products requiring a “personal touch”

13 Types of Salespeople Order takers Technical specialists
Missionary salespeople Team selling Order getters

14 Approaches to Personal Selling
Transactional Marketing: The Hard Sell Relationship Selling Winning customers Keeping customers Developing customers

15 The Creative Selling Process

16 Sales organizations develop web response programs to develop leads and turn them into customers

17 CRM systems help a sales force to organize and utilize information about their customers

18 Sales Management Process of planning, implementing, and controlling the personal selling function Setting Sales Force Objectives Creating a Sales Force Strategy Recruiting, Training, Rewarding Salespeople Evaluating the Sales Force

19 Meetings today can take place in virtual settings

20 Incentives are used to motivate salespeople

21 Sales Force Compensation
Straight commission plan Commission-with-draw plan Straight salary compensation plan Quota-bonus plan

22 Sales Compensation Examples

23 Sales Compensation by Industry

24 Sales Incentives Leisure trips/travel Merchandise/gifts
Recognition dinners Plaques/awards Cash


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