Nurturing relationships with the customers is a significant aspect to shape a brand. Sales promotion strategies can do wonders for your brand through retention and engagement. Sales promotion is the process of persuading a potential customer to engage with the brand and eventually buy the product or service. A good sale promotion strategy can be effective at achieving a quick boost in sales but this “boost in sales” is mostly short-term. Many customers come back expecting or anticipating further promotions which is why brands have to continue coming up with different strategies to comply with the market behavior.

Here are some sales promotion ideas to make your campaigns successful:

Give away rewards

A compelling way to engage with consumers and motivate them to keep coming back to you is by giving them rewards. Offering the customers free credits or coupons on their next purchase is the perfect way to make them come back. It helps in increasing sales and also in improving the bottom line of your brand. So having a reward program in your sales promotion strategy is significant.

Personalize your brand

If your company is a massive faceless corporation, there’s a high chance that the customers would shy away from your brand. Giving a friendly face to your brand can help people connect to your product or service. It’s important for businesses to introduce themselves and share their story with the people. This is a simple yet effective technique to stand out and engage with the audience. Give your brand a voice, tell your story, add a character to your business if you can.

Create an urgency

Driving a ‘flash sale’ promotion is a great way to create urgency among the people and make them buy a product or a service, sooner rather than later. You can start with a teaser of the promotion and let people know about the upcoming sales. And when the timing is right, release your flash sales promotion.

Upgrade instead of price cuts

Upgrading your product is a better way to keeping your sales up rather than cutting down the prices. Giving some extra service or a product on the same price can appeal to potential consumers in a better way.

Momentum, scarcity, and credibility

Creating a momentum or anxiety before the sale, then making sure that in the middle of the sale the promotion becomes scarce, and ending the sale promotion at the promised time. These three things are very significant. Ending the promotion at the given time gives something for people to regret.

Free trials

Free trials are popular at attracting attention. Let’s take an example of Netflix and other streaming services who give out 1-month free trial before the customer has to pay. This one-month free trial creates addiction in the free trial period and when that addiction is taken away, the consumer is forced to pay for the service.

Videos

Using videos to make product demonstration is a very effective way to attract consumers. Offering special discounts and other offers in your video will also get your customers excited to make a purchase

Use social media

Using social media to give out coupons and discounts which are only applicable through social media is another way of engaging customers.

Volume discounts

Offering volume discounts is a great way of encouraging individuals and businesses to purchase goods in multiple units or in large quantities. Shoppers love volume discounts, so we often find business owners offering them to encourage sales.

Follow leads

Track your customers from the first contact to sale within the sales pipeline. Send and track emails, and alerts to help follow up with potential clients.

GOT A MARKETING CHALLENGE AT HAND?

    11K

    PROGRAMS

    We have executed programs across various categories in India and abroad.

    6

    Сountries

    Our programs and solutions have made a mark in countries such as India, Sri Lanka, UAE, Kenya, United Kingdom & Canada.

    750+

    CLIENTS

    Over 750 clients have trusted us with their marketing campaigns.

    Abbott India Ltd

    Challenge: Managing end-to-end incentive program for distributors efficiently.

    Solution:

    1. RewardPort registered addresses and email ids of all distributors by getting a form filled with their company seal & signature and digitizing it
    2. Created reward catalogue for 5 slabs with 4 gift options in each slab category
    3. Deployed an account manager and operations resource for timely MIS & escalation management
    4. Created a full-proof reward delivery system eliminating pilferage of gifts and theft/misuse by parties
    5. Created periodic schemes for retailers- free recharge on billing of Digene products

    Program mechanics: We receive a data file from Abbott team with address and gift option details of the qualified distributors every month. Tangible gifts are dispatched directly on the addresses and e-vouchers are emailed on their registered email id.