6 Ways to leverage confectionery promotionsAuthor: Lauren Earle
Plan in advanceCreate a calendar to map out when each promotion will run. This way you can fully prepare for promotions, ensuring you have all the appropriate materials at your disposal at the right time. Be selectiveNot every promotion is suited to every store, so consider your customers’ preferences for coupons, free offers, sweepstakes and instant wins when deciding which one will work for you. Also remember that running too many promotions at once will decrease their impact and confuse customers. Collaborate with sales repsMaximize time spent with your full-service distributor or supplier sales rep, and take advantage of their promotional knowledge – they are there to offer advice and provide you with the promotional materials you need, when you need them. Engage staffEnsure your staff see the promotional calendar and understand what each promotion entails. Provide them with information about all promoted products and encourage them to upsell these products to customers. Utilize displays and signageThe path to purchase, especially near the checkout, is prime real estate for displays, so leveraging this space will lead to impulse sales. Keep all displays fully stocked, as customers are less likely to grab a product from a half-full display. Placing POS signage in high visibility locations will also attract customers. Maintain inventoryAvoid dreaded out-of-stocks by ordering enough SKUs for the promotion. Keep track of your sales and speak to your distributor or supplier rep if you have any questions or concerns. Leave a Reply |
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