- Don’t underestimate your B2B house list for new leads
- Holiday e-mail is on the rise
- The blue light battle to beating consumers’ spending fear
- E-mailing the house file generates a surprising number of new leads
- Slinging the Web workflow
- How to appeal to Gen X shoppers in a down economy
- Case Study: How NOT to execute an online promotion
- E-mail delivers cost-effective ROI
Main Content
April 24, 2007
What is the best offer to drive traffic at retail?
When developing and executing an on-site retail event or promotion, what is the best motivator to build traffic? Through market research Ovation Marketing conducted in September 2006 (450 respondents from across the country participated), we found that the sure-fire winner was a discount price offer. The types of offers and response (% is based on "likely" and "most likely" to influence me to purchase) break down as follows:
- Discount Price (88%)
- Gift With Purchase or Trial (45%)
- Sweepstakes (37%)
- In-Store Contests (10%)
- Charity Tie-in (8%)
- In-Package Promotion (5%)
Knowing that many companies would prefer not to discount the price of their product unless absolutely necessary, a gift with purchase or sweepstakes offer may be the best way to go to drive traffic at retail, without compromising your brand.
Posted by Kim Zinda, Vice President Account Services, on April 24, 2007 at 4:41 PM.
Read more posts by me.
E-mail me | Comment on this post
Subscribe to the OvationBlog




