In the dynamic world of business, competition is fierce, and companies are constantly seeking innovative ways to capture the attention of consumers and boost sales. One of the most effective strategies in the marketer's toolkit is sales promotion. Sales promotion involves a variety of techniques designed to stimulate the purchasing activity of customers, increase brand awareness, and ultimately drive revenue. In this article, we'll delve into the diverse methods of sales promotion that businesses employ to stay ahead in the market.
Discounts and Rebates: Offering discounts or rebates is a classic and widely used method of sales promotion. This can take the form of percentage discounts, buy-one-get-one-free (BOGO) deals, or mail-in rebates. Consumers are naturally drawn to the prospect of saving money, making this approach an effective way to stimulate immediate sales.
Coupons: Coupons have stood the test of time as an enduring method of sales promotion. Whether distributed through print media, online platforms, or mobile...
According to a report, about 63% of the total marketers work with a minimum of 10 influencers when it comes to running a marketing campaign. You may be wondering about what is the reason behind this rapid increase in influence marketing. Well, the reason is that influencers can connect and relate to their audiences or followers as trusted partners. And influencers’ truthfulness, insight, knowledge, and ideas have the power to turn common people into the brand’s loyal customers.
But finding a perfect and best suitable influencer for your brand is not an easy job, especially if you don't know the right way to get the job done. Getting services of the right influencers for your brand can lead to your unexpected growth but this can also go backward if you make mistakes while choosing influencers. So, this article will guide you to not only find the best influencers but to do the job in the...
According to research, each person usually goes through about 5,000 marketing messages or signs every day. In this huge amount, it can be difficult to stand out in the competition and reach out to the people.
Buzz marketing is a way that uses the power of mouth spoken words to develop an interest in the viewer's eye and generate business.
Make sure your product is buzz-worthy because if you are using the wrong product, you may not get the best or desired results. Keep on reading this article to know what actually buzz marketing is and how it needs to be handled.
What actually Buzz-Marketing is?
Buzz marketing is a well known and viral marketing campaign that is utilized to increase the word of mouth ability and potential for a specific product or brand.
These oral spoken conversations can be practiced online or offline depending on the company’s goals and resources.
Buzz marketing has the ability to...
If you have to deal with marketing and advertising, you may have heard the term product placement at some point.
There are possibilities that you may not know the exact meaning and importance of this phrase.
Like all other marketing methods, product placement is gaining too much popularity and becoming an important way for companies and brands to advertise their products and reach their targeted audiences.
The best thing that is contributing to its huge importance is that you can boost your sales, build a good brand reputation, increase brand awareness, and attract a huge number of customers without taking the help of traditional advertisements.
What does Product Placement Mean?
As its name implies, product placement is a type of advertising which mainly focuses on products, goods, and services. In this type of advertising, branded products and services are featured or incorporated in a production that targets a wide range of audiences from different locations and aspects.
Product placemats are...
Color psychology is the study of different colors and their impact on the behavior of humans, their thoughts, and their decisions. Color psychology is widely being used in marketing and promotional purposes as it can provoke an emotional reaction in humans towards advertised products.
You may consider color as an ordinary part of advertisements and marketing. Wrong! After you get to know its importance, you will realize that it can play a major role in marketing your business to the next level.
According to research, using colours in your advertising can increase your brand’s awareness by 80%. It can increase the visual appearance by more than 90% and research results claim that about 85% of the buyers tend to purchase products just because of color psychology.
How do I Choose a Brand Color?
The attractive and appealing colors range from 5 to 10 colors, and you have to pick the best suitable for your companies depending...