Typical
Techniques
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Competitions |
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Attractive
fixed funding, offers visibly and interest that relies on aspirational
prize presentation. Entry can be qualified. eg. skill and judgement.
Entries must be independently judged i.e. tie breaker. Purchase
usually mandatory
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Prize
draws |
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Normally
free to enter (no mandatory purchase) often generates greater volume
response than a competition but delivers lower quality i.e. not
linked to product purchase. The draw must be staged independently
and include a NPE facility
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Discounts |
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Presented
in numerous ways e.g. money off price for a limited period, extra
product for same price, multi-buys or buy one get one free etc.
A crude promotional tool but popular and effective with very high
response/take-up
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Cash-Backs |
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A
more subtle form of discounting that is applied retrospectively
to the purchase transaction. Allows for more attractive offers because
effort creates lower response/take-up. Risk can be insured
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Premium
offers |
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A
free gift or reward in exchange for purchase. Requires proof of
purchase, usually multiple proofs. A strong creative link with the
host product or service works best. Fufilment or handling can be
costly, unless free at point of purchase. Over redemption risks
insurable
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Part/whole
self liquidators |
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A
special reward, product or privilege is offered in exchange for
proofs or purchase supported with a financial contribution. Like
a premium offer but the greater the financial contribution the lower
the response rate
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Accumulators |
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An
attractive reward offered for repetitive or high volume purchasing.
Here the proof of purchase e.g. tokens, labels or receipts/invoices
are collected or accumulated over an extended period before being
redeemed for something of higher perceived value e.g. store loyalty
cards/points
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Instant
wins |
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The
win/loose status is normally revealed from inside a sealed game-piece,
scratch card or product packaging. A no purchase entry (NPE) route
must be offered. Operates along similar legal lines to a free prize
draw
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Share-outs |
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A
prize budget is evenly distributed amongst those who apply for a
share of it. The more applications the lower the value of each share.
A minimum share value must be declared at the start
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Games
of chance/lotteries |
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Beware,
unless licensed or a registered charity, it is illegal in the UK
to link the chance of winning something with mandatory purchase.
We can arrange or advise on legal compliance
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Online |
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Many
typical sales promotion techniques can be conducted electronically
using online entry/registration procedures or SMS response. The
basic rules and procedures linked to purchase often still apply
as does legal compliance |
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Confused? click CONTACT US
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