Posts Tagged ‘market business through sales promotion’

Cost- effective marketing during recession

Friday, June 12th, 2009

Advertising is expensive and whilst it is essential, it becomes increasingly difficult for a business to advertise through the traditional mediums when advertising budgets are being slashed. Companies are looking for more cost-effective ways to promote their brands. There are lots of marketing options and some can prove to be just as effective. This is in part due to the changing times (people absorbing media in different ways) and the improvement of the channels for advertising online etc. This is compounded by the fact that most people now spend time looking for the exclusive discounts available not just the brands they are familiar with.

In a report researched and compiled by the World Advertising Research Center (WARC) on behalf of the Advertising Association (AA), it was found that the total UK adspend fell by 3.9%, but when separated and analysed by medium it revealed that while newspaper expenditure fell the most (12%) and spend on every other medium also fell, internet expenditure was up by 17.3%.

Internet advertising is an attractive media choice and marketing option at the moment because it can be more cost-effective than other forms of advertising. The rise to stardom of sites such as Facebook and Twitter just add another dimension which is yet to be completely and successfully tapped into.

Another cost-effective option is to look at the free marketing options. Loyalty and membership programmes offer a way to market a brand for free and are operated by a third party, meaning minimal human resources for the business involved. All the business has to do to feature in a loyalty and membership programme is offer an exclusive discount to the club members. This also answers the public’s demand for exclusive discounts on the items/ services they purchase. The members use a directory and/or website featuring all the businesses and their exclusive discounts, to look through when they want to shop or plan an experience. The Rocket Marketing Group operates a number of different loyalty and membership programmes including The Big Savings Club, The Entertainment Club, The Home and Garden Club and JML VIP Club. These clubs collectively have a membership base of over 100,000. The captive audience is considerable, so surely this is something that most businesses offering products and services would benefit from?

Contact Us if you would like to discuss how a Rocket Marketing Group, loyalty and membership programme can be a good marketing option for your business.

What else can you offer your customers?

Thursday, April 30th, 2009

At the moment there are lots of sales and discounted goods for consumers to choose from as well as the rise of discount stores on the high street. Price reductions have almost become the norm. So what different consumer incentives are there and how appealing are they to potential customers? And are there particular brands that benefit from offering certain discounts such as 2 for 1 or a free product trial? The Rocket Marketing Group specialise in developing and managing specific or bespoke member reward programmes and consumer incentive promotions. The Big Savings Club is the largest of our reward programmes. Below are a few of the most popular offers from The Big Savings Club and the partner businesses that are involved. Have a look and decide on the type of discount that would work best for your business.

There are a variety of companies, from a range of sectors that we work with for our Reward programmes. The exclusive discounts that they offer through our clubs vary but here are a few of the most popular ones:

A one-off voucher
A voucher is a consumer incentive that can encourage customers who wouldn’t normally try your brand to sample what it offers. This is a useful tool for switching a customer’s loyalty to your brand and breaking their existing spending habits. Businesses that successfully offer vouchers through The Big Savings Club are:

Virgin Wines
D&A.

2 for 1
This is an offer we all see on a daily basis. Many supermarkets adopt this offer to up-sell certain products and encourage consumers to buy more goods. It is good for brands that offer a game or experience as it gives the customer twice as long to get into the activity and enjoy the experience. And this is likely to improve the chances of the customers making a return visit. In The Big Savings Club a 2 for 1 discount is offered by:

Go Ballistic.

10% off
This is a very popular discount for businesses to offer. And although at face value this consumer incentive doesn’t seem to provide as much appeal as maybe 2 for 1, when in the context of a more expensive product, the saving for a consumer can be quite appealing. They might not bother to take notice of a 10% discount on something that costs £1 as they only stand to save 10p but on a larger amount such as £100 for example, they would save £10 – a far more attractive prospect. Here are just some of the partners that offer a 10% discount through The Big Savings Club:

Cottages4you
The Gluttonous Gardener
Early Learning Centre.

Cottages4you are particularly impressed with how offering 10% off through The Big Savings Club is working for them. They comment that: “By featuring in both The Big Savings Club and JML VIP Savings Club, the two accounts together have generated a total transaction value of £12,746 for Cottages4you.”

Cottages4you is just one brand that currently benefits from featuring an exclusive discount in one of our guides. Above is a small sample of the exclusive discounts that we feature in our reward programmes but we’re confident that we can find solutions to suit any brand.

Contact Us if you would like to discuss the possibilities for developing an exclusive offer and including your business in one of our reward programmes.

Offers correct at time of publication and subject to terms and conditions.