Examples of point-of-purchase advertising that you have recently come across and comment on the effectiveness to them of this type of advertising.
3. It has been suggested that over 70 percent of all
buying decisions are made in the store and as a result, point-of-purchase
advertising has grown in its appeal. Give three examples of point-of-purchase
advertising that you have recently come across (ads in-store, personal selling
by a cosmetic counter salesperson, etc.) and comment on the effectiveness to
them of this type of advertising. Did you buy the product? Did the advertising
annoy you? Moreover, in the role of a marketing executive, would you recommend
spending part of your advertising budget on this form of media?
Marketing communications are the means by which firms
attempt to inform, persuade and remind consumers directly or indirectly about
products and brands they sell. The marketing communications consists of eight
major modes of communication such as advertising, sales promotion, events and
experiences, public relations and publicity, direct marketing, interactive
marketing, word of mouth and personal selling. In recent years, reduced
effectiveness of traditional mass media has led advertisers to increase their
emphasis on alternative advertising media. Place advertising or out of home
advertising is a broad category including many creative and unexpected forms to
grab consumers' attention.
The appeal of point-of-purchase advertising lies in
the fact that in many products categories customers make the bulk of their
final brand decisions in the store. There are various ways to communicate with
consumers at the point of purchase. In stores advertising includes ads on shopping
carts, cart straps, banner, display about the product and offerings, aisles and
shelves. The promotion options can be in-store demonstrations, live sampling
and instant coupon machines. 70% consumers decided to buy the products when
they are in store and point of advertising should be good for people to make
them to purchase your products.
I have so many experiences about the POP
decisions. Few days ago, I went to a store to purchase a dress. My intention at
that time was to buy only a dress. At the same time I saw an ads, that store is
offering buy one get one free schemes for shoes. I was delighted with that
special offers and I had some extra money too. Though I didn't plan to buy the
shoes but that offer changed my mind. Another example of mine is that recently,
I was encountered a problem with cosmetic sales person. Seriously, I had no
interest to buy such products which lack brand name. He was trying to convince
me but I ignored his offerings. Similarly, I was in store to buy gifts for my
friend's birthday. I saw chocolates wrapped attractively. That product catches
my eyes and purchases that as well. Hence, advertising plays the key role to
make the product stand out of the crowd and enhance its sale ability. The
advertisement for any product should be utmost concern of the company and extra
care and effort is required to conceive a unique advertisement concept. The
common objective of every business is to increase the sales and enhance the
profitability. So the store's POP displays should be designed in effective
manner to achieve the desired goal.
If I were in a position of marketing executives,
of course I would recommend spending part of advertising budget on this form of
media. This is because spending some part advertising budget on this form of
media increase the effectiveness of manufacturer and customers will be
attracted to purchase the products.
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