Wednesday, 28 July 2010 16:23

Tie-Ins FAQ's

tie-ins_lscWhat's a Tie-In?
Tie-Ins come in all shapes and sizes. In general you are looking to team up with a partner or partners to increase sales of all partner products. You are usually looking to promote this Tie-In to the trade to increase orders. Tie-Ins are beneficial to the trade for a variety of reasons.
1. Partners share expenses
2. Retailers see cross category lift
3. Consumer benefit from promotional offer

Published in Tie-Ins
Friday, 23 July 2010 10:42

Unilever to Test Mobile Coupons

mobile_coupon_lscIn Trial at Supermarket, Cellphones Will Be the Medium for Discount Offers

Seeking to marry a ubiquitous device with a time-tested marketing technique in a sour economy, Unilever plans to begin a trial run Sunday of a new technology that lets consumers redeem digital coupons by having a supermarket cashier scan their cellphones.

The test, being conducted at a ShopRite store in Hillsborough, N.J., will include discount offers for some of the Anglo-Dutch packaged-goods company's most popular brands, including Breyers ice cream, Dove soap, Hellmann's mayonnaise and Lipton tea. Samplesaint, a Chicago mobile-technology firm, developed the system.

Published in Retail
Wednesday, 21 July 2010 11:18

Rebates

Advantages of Rebates
  • Attract attention.
  • Offer a substantial discount without misredemption problems.
  • Reward non-users of coupons.

Disadvantages of Rebates

  • Affected by rising postage costs.
  • Reward loyal users.
  • May be less appealing to consumers who want immediate gratification.

When planning a rebate, marketers should consider the following:

  • Removable proof-of-purchase.
  • Offer length.
  • Complexity (complex offers can depress redemption).
  • Exposure vehicles (in-store, in-pack, on-pack, etc.).
  • Percent reward.
  • Copy.
  • Slippage (rebates sent to consumers, but never cashed).

Source: PMA

Published in Rebates
Wednesday, 21 July 2010 11:11

Premiums

Advantages of Premiums

  • Can be effective in achieving specific goals.
  • Allow collection of names for marketing database.
  • Provide brand equity support.
  • Can be a motivating part of a loyalty program.

Disadvantages of Premiums

  • Can be difficult to measure sales.
  • May have residual inventories.
  • May require special handling for inventory shortages.
  • Can incur costs for damaged or defecting merchandise.
  • May receive complaints from consumers who did not receive premium.

Considerations for Premiums

  • A premium item should reinforce the brand's image.
  • A premium offer should allow for various redemption methods.
  • An item offered as a premium should be thoroughly tested (establishes liability parameters, provides inventory safeguards.)
  • Marketers should be aware of a premium's exact size, weight and packaging details.
  • Marketers should consider premium mailing options (determine best packaging, determine shipping method, set premium cost.)
  • Marketers should consider domestic versus imported premiums. If imported, allow extra time for production and testing, dealing with customs brokers and securing lines of credit.
  • A premium item should have carefully written ad copy which includes, "while supplies last," offer dates, complete item description, retail value claims, and mail-in address.
Source: PMA
Published in Premiums
Tuesday, 20 July 2010 16:39

Step 5: Track Performance

graph_track_performance_lscYour coupons have been distributed. Using a formal process to track your promotion's performance lets you see the true value of your coupon promotion.

Published in Coupons
Tuesday, 20 July 2010 16:35

Step 4: Implementation

implementation_distribution_lscAfter going through all of the internal preparation and coupon creation, you're ready to make your coupon promotion happen. These are the functional parties to consider.

Published in Coupons

fsi_tejava_lsc_v1Marketers obviously like couponing. In Supermarket News' 2005 Survey of Manufacturer Promotional Practices, more than two-thirds of the participants said they feel couponing is an effective promotional tool. Fast forward to 2010 and yes, things have changed but they are still a vital consumer and trade marketing tool. Read on.

Published in Retail

LSC: Brand builders and sales growers for the targeted and tactical.

Our agency excels at designing, developing and implementing sales, marketing and promotional programs.

CPG Trade Development = Look to grow THEIR category and your brand will go for the ride. It's all about sales. Their sales.

by Dave Wohlner Thursday, 17 May 2012 17:30