What Successful Sales Promotion Looks Like for A Marketer

As discussed in the most recent blog ‘The Types of Sales Promotion’, these efforts can be categorised as push or pull approaches, as discussed by Bendle et al. (2018). Success will differ depending on the approach.

Push promotion has a different objective to pull, with the focus being on changing the behaviour of the marketing channel and hopefully impact the supply of goods within the market. While the success of any campaign is tailored, the overall objective could be to: counter a competitor’s actions and flood the market; fill a shortage of supply in a market; clear storage or reduce inventory or to stimulate new channels of production (Bendle et al. 2018).

Pull promotions differ as they intend to impact or change the behaviour of the customer rather than the market channel. The goals that could be measured to determine the success of a pull promotion campaign could include: gaining new customers to try a product; increase sales to existing customers; change the way existing customers use or the time in which they use products (Bendle et al. 2018). This type of promotion seeks to improve the immediate or short term market position of the product and looks to gain new customers and improve the loyalty of existing customers.

Bendle et al. (2018) summarises by stating that sales promotions can be seen as successful if the organisation changes its target audience, with the short term being at existing customers and the long term focusing on new customers.

References:

Bendle, NT, PW Farris, PE Pfeifer & DJ Reibstein (2016) Marketing Metrics: The Manager’s Guide to Measuring Marketing Performance, 3rd edition. Pearson: New Jersey.

Advertisement

The Types of Sales Promotion

Sales Promotion can be seen as the extra enticement of an offer that increases the value or incentive to buy the product for the customer, this is turn aims to increase the number of sales (Bendle et al. 2018).

Bendle et al. (2018) categorises sales promotions into two large groups of either push or pull. A push approach is more targeted towards the supply chain to increase the presence of the product in the market and essentially pushed towards the market.

On the other hand, a pull approach creates demand to the point that customers essentially pull the product through the supply chain due to a high demand for the product.

Bendle et al. (2018) gives examples of both as the following:

Push:

  • Contests and dealer incentives
  • Displays (e.g. food stands in a super market)
  • Trade Shows
  • Cooperative advertising

Push

  • Samples
  • Refunds
  • Rebates
  • Coupons
  • Bonus pack or portion
  • Price reductions
  • Loyalty programs
  • Event Marketing

While ever market and product requires a tailored approach to their marketing efforts, there is no reason why a combination of both push and pull can not be utilised at different stages of a products life cycle to suit the demand for that product.

References:

Bendle, NT, PW Farris, PE Pfeifer & DJ Reibstein (2016) Marketing Metrics: The Manager’s Guide to Measuring Marketing Performance, 3rd edition. Pearson: New Jersey.