The Power of On-Pack Cross Promotions
Jun 7th 2011, 14:52
Research commissioned by the Point of Purchase Advertising Institute, the global organisation for marketing in retail shows that not more than 50% of marketing budgets are allocated to below-the- line advertising when this is in fact where purchasing decisions are made.
Whilst above the line advertising creates awareness, interest and desire for a product and may drive consumers in store, in store communication provides the call to action for purchases and therefore closes the loop. A particularly potent technique of closing this loop is through on-pack cross promotions.
On-pack cross promotions are a tactful mechanic to launch products or to inform consumers of new variants of a product. For example, a Fix-a-Form™ leaflet label placed on a specific product can include detailed information such as product benefits, background information and price on the new product within the range. On-pack cross promotions can also be utilised to create brand associations. An on-pack sticker for a cheese spread on a loaf of bread, for example, allows both products to leverage on each other’s product intrinsics and brand equity. Through linking two complimentary products, for example, fish fingers and tomato sauce, on-pack cross promotions have the power to increase sales. An on pack device on a product can drive consumers, who otherwise would have only purchased that one product, to consider purchasing the complimentary product and vice-versa.
With over 70% of purchasing decisions made in store, brand owners and marketers need to re-allocate their marketing budgets towards below-the- line advertising and include in store promotions such as on-pack cross promotions into their marketing arsenal.
The war of the platforms
16/02/2019 - 21:23
The argument around which marketing platform trumps the others, and whether traditional media is being killed by digital is not new, nor is there a simple answer. Traditional platforms –print, for example – have had to face the reality of digital disruption and adapt accordingly, while consumers have become both more elusive and demanding. Against a backdrop of a dismal economy, perhaps the question to ask is not which platform is better, but which platforms – among the many traditional, digital and experiential opportunities out there, best suit the brand, the objective and the budget.
One-size-fits-all branding in Africa doesn’t cut it
12/02/2019 - 18:37
As the global economic slowdown continues to inhibit opportunities for expansion in home territories, more and more companies are looking to the rest of Africa as a potential growth market.
Sunday Times launches Reader’s Choice Travel Awards, invites brands to step on-board
11/02/2019 - 10:42
The Sunday Times is excited to announce the launch of its Reader’s Choice Travel Awards that celebrate excellence across all sectors of the travel and tourism industry in South Africa.
Valentine’s Day retail ideas: 10 Tactics to win over your customers’ hearts
07/02/2019 - 13:53
Happy (almost) Valentine’s Day, retailers! Since the day of hearts is upon us, we thought it’s high time to remind merchants about the things they can do to spread the love. You don’t have to be in the flowers or gifts industry to show your V-Day spirit.
SA women applaud Ackermans' #IAmMe Valentine's lingerie campaign
07/02/2019 - 09:45
Ackermans' latest star-studded lingerie campaign inspires women to celebrate their true selves.