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Types of Sales Promotion Tools

 
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BYTRADE

posts: 368

Dec 21, 2011 12:25 AM ET    Quote  Report Abuse
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Free Samples

  • Distributing free samples introduces a new product to the market to generate demand. Samples should be small, but they must be large enough to provide customers with an adequate experience of your product. Give samples to representatives of your target market. If you are at an exhibition or trade show, have a limited supply of your free samples available for view; this tells people that your product is in high demand, and it stops customers from hoarding samples.

Coupons and Discounts

  • Coupons or discounts are distributed by mail, published in newspapers and magazines or delivered in person. Coupon distribution pulls customers in and encourages them to buy within a specific period. A picture of your product or service should be included on a coupon, along with the discount rate and expiration date. Target customers who would not normally purchase your product or service.

Mystery Rewards

  • Scratch-and-win cards or raffles for prizes are other popular promotional tools. The key is to offer these rewards only after the customer has agreed to purchase your product or service.

Money Back Offers

  • When customers doubt the quality or reliability of your product or service, offer a money-back guarantee. Give a detailed explanation of eligible returns and refunds available for customer reference.

Branded Pens and Magnets

  • Customers like to receive free products that they can use, such as pens, sticky notes and magnets. Distribute these products with your company's name and phone number branded on them. Customers will be reminded of your product or service whenever they use it. These items can be manufactured in bulk, and they cost a fraction of what sales will pay you.



 





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Global buy sell B2B trade marketplace

emma123

posts: 79

Jan 04, 2012 6:09 AM ET    Quote  Report Abuse
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Thanks for the interesting piece of information.Using effective sales promotion tools can help you to increase your sales volume. It is preferable to use tailored sales promotion tools depending on the selling method, such as retail sales, telemarketing, trade shows and door-to-door sales.



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www.hellotrade.com
Sophia_M

posts: 130

Jan 07, 2012 3:26 AM ET    Quote  Report Abuse
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Helpful tips on promotion! The meaning of a promotion is to improve the sales volume, small tools like the above will help attract people & spread word around.

 

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