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Peak
sales season is approaching and this is when your best offers
should be front and center. Since there is a limited window of
time to reach the consumer, during this busy season, it is not
a time for weak offers.
A key
component of marketing to remember is that advertising is only
one of many factors that affect sales. Other elements
include pricing, offers, product features, and reactions by
competitors. Each of these components must work together,
especially during the peak sales season.
A review
of the previous year’s trends will assist in modeling your
advertising plan. Did you get a spike at the beginning of your
campaign last year? If so, then advertise a few weeks earlier
or use your best offer to bring in the calls. Reviewing trends
during the current season is imperative as you can still
affect change by adding or reducing advertising. Daily
newspapers have quick turnaround for on page advertising and
if you notice a high response relating to specific issues of
the paper, you can capitalize on this information.
Your peak
season is the one opportunity of the year to bring in the bulk
of your new customers and there is no room for underperforming
programs. Base your offers on past performance to gauge the
effectiveness and timeliness of the offers. Tracking is a key
factor in planning advertising and has to be in place to
monitor media programs and offers. Without tracking, next
year’s planning will not be based on performance. Analysis of
the media programs’ performance is also another way to
eliminate any wasteful spending.
During
your peak season, utilize a diverse group of media channels to
get your offers out to as many consumers as possible.
Diversifying your media plan will increase your brand
awareness while expanding your base by hitting new customers.
Newspapers, local coupon magazines, local co-op envelopes,
shoppers, and saturation mailers are some of the main print
media vehicles in the marketplace. Use past results to choose
the programs that have performed well and possibly incorporate
new programs based on your incoming leads.
Smart
planning will lead to a successful spring. Take advantage of
your peak season and use the media available for you to
maximize your response and increase earnings during this
important time.
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