{"id":5174,"date":"2022-10-13T17:09:11","date_gmt":"2022-10-13T09:09:11","guid":{"rendered":"https:\/\/sdmc.com.hk\/?p=5174"},"modified":"2023-09-01T14:41:14","modified_gmt":"2023-09-01T06:41:14","slug":"%e7%94%a2%e5%93%81%e6%8e%a8%e5%bb%a3","status":"publish","type":"post","link":"https:\/\/sdmc.com.hk\/en\/%e7%b6%b2%e4%b8%8a%e7%87%9f%e9%8a%b7\/product-promotion\/","title":{"rendered":"Product Promotion: Definition, Benefits & Complete How-to Guide"},"content":{"rendered":"

Having a brilliant product idea and making it turn into actual things in real life is not easy and it is already halfway to success. But, even the best treasure under the bottom of the sea needs a treasure map to be noticed. Product promotion plays a critical role in a product launch. SDMC has gathered 15 best product promotion practices for you to reference. Let\u2019s learn!<\/p>\n\n\n\n

Product Promotion Definition<\/strong><\/h2>\n\n\n\n

Product promotion is a broad term referring to various methods to publicize a new product, with the goal of boosting sales, brand awareness and brand image. There are various product promotion methods, ranging from digital marketing, which includes social media marketing, online advertisement campaigns to offline marketing. More examples include giveaways, product launch events and more.<\/p>\n\n\n\n

In brief, the success of a product is not only about the ideas, but also the execution of making people aware of it, interested in it, and hence trigger the purchase at the end. <\/p>\n\n\n\n

\u201cTo me, ideas are worth nothing unless executed. <\/em><\/p>\n\n\n\n

They are just a multiplier. Execution is worth millions.\u201d<\/em><\/p>\n\n\n\n

- Steve Jobs<\/p>\n\n\n\n

Benefits of Product Promotion<\/strong><\/h2>\n\n\n\n

1. Generate Sales<\/strong><\/h3>\n\n\n\n

We all understand that a well-designed product does not automatically generate sales, it is promotion that makes it sell. Do your brilliant products justice by promoting them properly. <\/p>\n\n\n\n

2. Establish Strong Brand Identity<\/strong><\/h3>\n\n\n\n

A good product promotion campaign also helps establish a unique brand identity. Is your brand a classy, high-end one, or is it fun and vibrant with energy? It should be reflected not just by your product, but the campaign itself as well. <\/p>\n\n\n\n

3. Tell People About a New Product<\/strong><\/h3>\n\n\n\n

When you launch a new product or start a new brand, people have absolutely no idea about it, so it is critically important that your promotion correctly conveys your message - about the product and about your image - because it would contribute a lot to people\u2019s first impression.<\/p>\n\n\n\n

Who should Consider Product Promotion<\/strong><\/h2>\n\n\n\n

1. E-Commerce<\/strong><\/h3>\n\n\n\n

You should consider product promotion if you\u2019re in eCommerce, especially if you do not have a physical shop. With the volume of new information going onto the Internet everyday, eCommerce faces very fierce competition. Without product promotion, it is hard to even get your product viewed by potential customers.<\/p>\n\n\n\n

2. New Brands<\/strong><\/h3>\n\n\n\n

Product promotion is also essential for people starting a new brand. As mentioned before, product promotion helps to make your brand stand out from many other brands in the industry. Having a well-established brand identity can help you to go a long way, and the way to getting sales will definitely be less bumpy than those without.<\/p>\n\n\n\n

3. New Products or Product Lines <\/strong><\/h3>\n\n\n\n

Even if your brand is decade-old, and has a steady customer base, product promotion is essential when you launch a new product or product line. Product promotion is all about spreading the news that new products are out in the market. For larger brands, do make a big fuss when you launch a new product. Let people anticipate, and that\u2019s how you get better sales when the product launches.<\/p>\n\n\n\n

15 Product Promotion Best Practices<\/strong><\/h2>\n\n\n\n

There are numerous ways to do product promotion, and people are continually thinking of new ways to do it. SDMC has listed out 15 best production promotion campaigns in 2022 for your reference.<\/p>\n\n\n\n

1. Product Giveaways<\/strong><\/h3>\n\n\n\n

Giveaway is almost the most immediate way to boost brand awareness, because nothing gives people more incentive to get to know your brand than free gifts. This method, however, should be used carefully and luxury brands should avoid using it, or it might ruin the brand\u2019s identity as a luxury.<\/p>\n\n\n\n

Forms of giveaways include lucky draws, which should feature higher price products, collaboration, which give away products when people purchase from your partner, and free giveaways in which free samples are distributed to people with or without conditions. These methods are aiming at different targets, and we should first categorize the giveaways into 2 groups: (1) conditional and (2) unconditional. <\/p>\n\n\n\n

Conditional Giveaways<\/span>
For example, are lucky draws that require people to purchase certain products or filling in forms to enter the draw; or social media giveaways that require people to follow the page and\/or share certain posts. The aim of conditional giveaways is to obtain potential customers that are interested in the products. Moreover, conditional giveaways that ask people to leave their emails helps to generate an email list, which enables the brand to do effective email marketing, as recipients are confirmed to be interested in the product.<\/p>\n\n\n\n

Unconditional Giveaways<\/span>
This form of giveaways is more popular among low-cost products, such as drinks and snacks. Some may collaborate with events, for example, free snacks are given to people who watch a sports event, while others may give free samples to pedestrians who happen to walk past the giveaway booth. These giveaways work best for products that are necessities anyone may buy, and if the product is good enough, recipients may well consider your brand when they have to buy the product next time. <\/p>\n\n\n\n

An example of a well-conducted giveaway is the ion water giveaway by Pocari Sweat. When the product was newly launched, Pocari Sweat collaborated with various yoga studios and gave free drinks to the students. As a sports drink, it reaches the accurate group of target audience while getting exposure, making the campaign a good reference for new products.<\/p>\n\n\n\n

2. Digital Marketing<\/strong><\/h3>\n\n\n\n

People are spending more and more time on the Internet, and digital marketing is one of the best ways to obtain brand awareness. Digital marketing includes but is not limited to online advertisement, social media marketing and influencer marketing, etc. It is an immediate method to get website traffic and sales.<\/p>\n\n\n\n

Strategic Digital Marketing Company offers a wide range of digital marketing services, from the above mentioned strategies to search engine optimization (SEO). Contact us <\/a>to discuss with our digital marketing specialists to work out a customized plan just for you.<\/p>\n\n\n\n

A model of successful digital marketing is Ikea Hong Kong. They are well aware of their product that gets viral online, which is BL\u00c5HAJ, the shark soft toy, and develop posts and content about it. In addition, they have a timely grasp on trending topics and social affairs, which they make humorous remarks on, with a related introduction of their products. <\/p>\n\n\n\n

3. After-Sale Customer Surveys<\/strong><\/h3>\n\n\n\n

After-sale customer surveys are often missed out by brands, but they are important not only in retaining customers, but also in your future product development. After-sale customer surveys work particularly well with product testing and beta products. Products that come with after-sale surveys can greatly increase customers\u2019 leniency towards products\u2019 flaws, as they believe that the brand is constantly reviewing and improving the products according to the survey results. <\/p>\n\n\n\n

Customers also feel more engaged with the brand as they fill in the surveys. If they feel that their opinion is going to make a difference in the product, there are better chances that they may purchase the product again. After-sale surveys can also come with a discount code, which contributes a lot in retaining customers. <\/p>\n\n\n\n

After-sale surveys are also giving your brand insights about customers\u2019 expectations, which facilitates further production development. There is no better way of directly knowing the products\u2019 downsides. A humble attitude will bring your customers closer to the brand.<\/p>\n\n\n\n

A brand that is doing well in after-sale customer surveys is MOS Burger. Whenever a customer tries their new product, they print a QR code on the receipt, linking to an online customer survey asking for their opinion. This can also help them in deciding which product to discontinue and what new products should be launched.<\/p>\n\n\n\n

4. Referral Programs<\/strong><\/h3>\n\n\n\n

Referral programs offer discount or free gifts to both the existing customers and new customers that are referred. Products that rely heavily on word of mouth to sell, for example, skincare products, should launch referral programs. Brands that find it hard to reach new customers can also try this method to boost sales. For these brands, their goal is not only to acquire new customers, but also to retain existing customers, and this method is suitable for them. Moreover, by launching referral programs, new customers that you reach are usually within the same age and interest group, making it easier for small brands with limited resources to market the products.<\/p>\n\n\n\n

Small-scale shops that mainly run on Instagram, for example, should benefit a lot from this promotion strategy. Among many other shops, why would people choose yours in particular? Usually it\u2019s because the shop is recommended by a friend. People tend to trust their friends more than anonymous reviews online, so do launch a referral program if you are running a relatively small business. <\/p>\n\n\n\n

5. Public Relations<\/strong><\/h3>\n\n\n\n

Public relation refers to ways to get media coverage, including press releases and media interviews. This product promotion method is usually adopted by large brands that have already established a reputation because it is quite costly to have press releases published and media interviews require brand exposure. For brands with less budget, they may consider approaching the media and providing them with a unique brand story that will catch eyeballs, but the media will decide if they want to publish the story or not.<\/p>\n\n\n\n

Maintaining a good public relation makes it easier for new products to enter the market. A good example is CASETiFY. They issue press releases about new collaborations and charity events, and various platforms publicize the news for them. When the brand gets famous, the media will approach its representatives to conduct in-depth interviews about both the brand and the entrepreneur. That will greatly boost the brand and product awareness.<\/p>\n\n\n\n

6. GMB Promotions<\/strong><\/h3>\n\n\n\n

GMB stands for Google My Business, which is the free listing function that is offered by the most-visited search engine in the world, Google. Not only it boosts the exposure of your products dramatically through showing the results on Google searches, but it also helps your businesses in map search results, which highly improves your customers\u2019 search journey experience in terms of local marketing. Customers could easily gather information about your businesses from the profile you set on Google, including the posts, photos, products & services, and Q&A that are closely related to your products. It could make your new products being discovered easier, as well as push people to go through the decision funnels as your information is more accessible, reducing their efforts in the research process for them.<\/p>\n\n\n\n

 <\/p>\n\n\n\n

\"An<\/figure>\n\n\n\n

Merely setting up a GMB Account might not be sufficient to outcompete your competitors because customers are always going for the best choice they have, not the \u201cfairly good\u201d ones. Therefore, it is essential to make sure your GMB profile looks professional and fully optimized. Here are some elements you might want to look out for:<\/p>\n\n\n\n