HomeEventTips For Planning A Successful Promotional Campaign
Tips For Planning A Successful Promotional Campaign
March 5, 2019
Are you planning on introducing a new product or service to the market in the near future? Then it is imperative that you put together a comprehensive plan that specifies exactly how you are going to promote the said offering to the target audience. You must follow a customer-centric approach when planning your promotional activities. To do this, there are a few important things that you must keep in mind, and in this article, we will look into a few of these.
The Right Communication Channels
There are many different channels that can be used for promoting your
new product to the target audience and you must select the channels that best
match the specific features of your enterprise and the characteristics and
preferences of the potential customers. Gather specific information regarding
the marketplace under your focus and identify the best possible ways in which
you can reach out to them. These may include newspaper, radio and TV
advertisements, flyers, banners, billboards, events or digital platforms.
Incorporating multiple communicational channels will increase your chances of
effectively reaching your potential buyers.
The Theme With The Message
Your promotional campaign must have a unique theme that will help the audience set you apart from the rest of the competition and this theme should ideally be aligned with the message of your company. Going with a theme that is completely unrelated to the firm’s message might confuse the customers, especially if there are several other brands that offer similar products and services within the same industry. A TV advertisement must be creative and utilize the limited run time available to communicate the right information along with the careful delivery of the brand message. When promoting through an event, the stalls, employee uniforms, flags and the giveaways if there are any, must all be in theme. Therefore, make sure you find a provider of customized promotional banners Melbourne before the next promotional event in order to make the effort more meaningful.
The objectives of a plan to promote products and services can be short-term or long-term oriented and a firm must state these goals at the start itself and they must be relevant to the overall strategy of the business and quantifiable. These objectives will be concerned with the future behaviour of the target audience and the ultimate goal of the developed promotional plan must be the achievement of these.
Your Financial Situation
To implement your plans, there must be an adequate amount of finances without which you simply cannot proceed. Therefore, it is important to assess where you stand financially and shape your advertising activities accordingly. The total promotional budget will be made up of a number of components separated by demographics of the target audience, territory, channels used etc. Breakdown the costs per each of these cost components in order to gain a better idea about the finances required to push your plan forward. Upon the completion of this assessment, you may decide to either rely on the available funds or go for a bank loan in order to acquire the deficit.