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Prizes, Staff Trade Incentives, Consumer Promotions by Unmissable UK

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Prizes, Staff Trade Incentives, Consumer Promotions by Unmissable UK

 
Incentive Today Sept 2004


Opinion Piece - Know Your Consumer and Their Dreams

Article - Andrew Cook, director of sales at leading prize promotion specialist, Unmissable, says brands are missing out by not coming up with specifically targeted offers.

It’s universally accepted that in promotional marketing holidays along with cash and cars are deemed the most popular consumer incentive. However ‘holidays’ is a very broad term and increasingly the move has been towards ‘experiences’.

Experiences can capture the imagination and aspirations of your audience in a way that nothing else can – there aren’t many if any more effective motivators to drive sales than putting a two-week holiday in Mick Jaggers villa on-pack. But a word of warning – You Need To Know Your Audience. The huge benefit of experiences is that they successfully reach very specific audience groups and push all the right buttons for those groups. That said, you need to have a very clear understanding of who you want to reach from the outset and despite the huge budgets spent on consumer research it’s not always the case.

If you do know your audience and you are careful to select experiences that reflect and boost brand credentials then there’s not limit to what you can do. For example if you’re looking to tap into sports mad males then the chance to win a days sailing on Eddie Irvine’s boat moored in Monte Carlo is going to get you noticed. Even the ubiquitous shopping trip to New York can be made unique for female shopaholics if it comes complete with your own personal shopper who knows their way around the lesser-known celebrity boutiques as well as the floors of Bloomingdales.

Tailored, aspirational prizes like these don’t have to blow the budget either, it’s simply a case of knowing what appeals to your audience and then coming up with that unique element that turns a bland weekend away into a memorable ‘experience’.

Everyone has a must-do dream whether it’s being on your own private island, star spotting in the hangouts of the rich and famous, staying in a light house, learning to drive huskies or going on an adrenaline fuelled safari. When you know your consumers and what their dreams are then tailor-made experiences can be extremely powerful incentives.

ENDS

For further information, please contact:
Jane Lowen, The Press Office, 01580 764721
jtlowen@aol.com

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