Bifalgorithm post · IntroductionToBusiness OP 8D04gAa · 2026-10-07-36573 · 12.8. Sales Promotion*
How should sales promotions address different types of consumers?
How should sales promotions address different types of consumers? (IntroductionToBusiness OP 8D04gAa · 2026-10-07-36573 · 12.8. Sales Promotion*) — "The object…
Ideas in this flowchart
- Sales promotion objectives depend on consumer behavior and the type of service.
- For consumer products, objectives depend on the general behavior of target consumers.
- Loyal customers buy the product most or all of the time.
- Desired results include reinforcing behavior, increasing consumption, or changing purchase timing.
- Loyalty programs, bonus packs, and premiums can strengthen loyalty and encourage repeat purchases.
- Competitors’ customers buy a competitor’s product most or all of the time.
- The goal is to break competitor loyalty and persuade customers to switch brands.
- Sweepstakes, contests, and premiums can create interest in the product.
- Brand switchers buy a variety of products in the category.
- The goal is to persuade brand switchers to buy the product more often.
- Sampling can introduce the product’s superior qualities compared with competing brands.
- Price buyers consistently purchase the least expensive brand.
- The goal is to appeal with low prices or provide added value that makes price less important.
- Coupons, refunds, trade deals, and cents-off packages can reduce prices or improve product availability.
- For services, the use of sales promotion depends on the type of service.
- Consumer services such as hairstyling rely heavily on promotions, including discounted prices for senior citizens.
- Professional services use very little sales promotion; doctors and attorneys generally do not use coupons or sales.
- Service companies must avoid excessive promotion because it can lower their credibility.
