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Consumer Promotions Chapter 14. Promotions Begin & End With Strategy The first stop in brainstorming promotion ideas is the brand positioning statement.

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Presentation on theme: "Consumer Promotions Chapter 14. Promotions Begin & End With Strategy The first stop in brainstorming promotion ideas is the brand positioning statement."— Presentation transcript:

1 Consumer Promotions Chapter 14

2 Promotions Begin & End With Strategy The first stop in brainstorming promotion ideas is the brand positioning statement. Does it support the benefits? Does it support the reason why?

3 The Truth Few consumer promotions move the sales needle significantly. Most brands regurgitate ideas again & again. McDonald’s Monopoly Coca-Cola Red Hot Summer

4 Most Companies Fail To Appreciate The Potential Impact A great promotion can have lasting effects. Can help build brand personality. Carve out competitive advantage Bump sales

5 The Plagues of Promotions Been There, Done That Sleeping Sickness (Lame) Trinkets & Trashitis Oddsitis

6 Promotions That Work Unique, Desirable Offering or Premise They make you believe you can win! Simple to Enter / Participate

7 Oscar Meyer

8 Goodyear Blimp

9 Borrowing A Personality Old Navy / AT&T Wireless / Coke / Ford : American Idol P&G / Tylenol / Home Depot

10 Continuity Promotions Seek multiple (series) of purchases Fast Food Grocery Radio Stations

11 Proprietary Promotions Something ONLY available through you! Usually tied to a property / contractually protected. Olympic Ticket Application Booklets

12 Octopus Planning Matrix The key to developing great, holistic promotions. Promotion Idea Packaging / POS Signage / Media / PR Use it to brainstorm!

13 Cardinal Rules Avoid the sea of sameness Life’s to short to work on ideas that will only grow your business +1% to +2% DREAM THE IMPOSSIBLE DREAM


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