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There is no set formula for effective promotions. Businesses need to test, measure and optimize continuously to find the format that best suits their target customers and business strategy!
Customer management strategy helps Sales maintain 80% of loyal customers
Have you ever wondered why some brands just need to launch a promotion program to attract customers, while other businesses, despite offering big discounts, still have no one interested? The method is not only in the discount level, but also in how they plan and implement the uganda number data program. Below are 6 important steps to build a methodical promotion program:
What is needed to implement promotional programs?
What is needed to implement promotional programs?
1. Determine promotional goals
Before implementing, businesses need to clearly define the objectives of the promotion program. Each different objective will have different implementation methods and methods of measuring effectiveness.
Short-term sales increase: Usually applied during holidays, Tet, shopping festivals (Black Friday, 11/11, 12/12) to create a short-term revenue boost.
Inventory clearance: Suitable when businesses need to release old goods to import new products, avoiding capital stagnation.
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