The Importance of
Promotion
Why
is promotion important for a business? Promotions are an effective way for you
to market your business or products and services. There are lots of businesses
and too many products. Customers need to know about a good product and be convinced
to buy. That is the job of promotion. Promotion is the best advertising for businesses because customers immediately notice new products or services, products or services spread to broad
market and products or services remain popular.
Promotions raise
awareness of consumers to new products or services. Promotions create new scope
and communication opportunities. For example, discount vouchers: customers will use discount vouchers in your next purchase. Free gifts: customers will buy another product, so customers will notice another product. In addition,
Rexona give free mini deodorants, this is purpose of product’ promotion. Display
stands: explain and demonstrate ways of products. We can see display stands in some shopping
centers. They can offer sausage to us. Thus, we can try its taste. Therefore,
we will try the new product and accordingly we will choose our decision.
Promotions expand the use of the products or
services. In this way, products or services reach broad spectrum of consumers. For example, advertising on TV and radio: one of the easiest way to create new scope for your customers is to create news.
Company can distribute books and brochures about the products or sevices.Competitions: They will be encouraging for buying
products. Watsons organized a
competition at Christmas. If you shared
Watsons wishing card on
Instagram, you would win new mascara. This competition was promotion. In this way, Watsons
introduced new mascara.
Products or
services are remained popular by means of promotions. The most important thing is loyalty card! Customers earn points for
buying certain goods or shopping. They gain rewards and bonus packs. Businesses like airlines and hotels successfully
use rewards programs to encourage customer loyalty. For example, Hilton Hotels
own loyalty programs. Loyalty program’s name is Hilton HHonors. When you had
Hilton’s loyalty card, Hilton Hotel gradated you. Respectively: blue, silver,
gold, diamond. If you often stay in
Hilton Hotels, you will have diamond
status. Moreover, you can earn treats and discounts with these statuses. Another
example, if you have a coffee shop, for instance, you will give the card on each sale. After customers make six or
twelve purchases, they can use the card for a free cup of coffee. Furthermore,
inviting to the company: When customers visited the company, company promote the new
product by giving them.
In his famous quote, Phineas
Taylor Barnum says: “Without
promotion something terrible happens… Nothing!” Companies should use promotions to remain active at all
times. Company can develop with promotions, because customers notice new products
or services, products or services spread to broad market and products or
services remain popular. Finally, promotional activities will develop and maintain a brand, so companies
should attach importance to promotions.
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