DIY Trade & Industrial News April 2016 | Page 79

OPINION 79 ADÉLE MARITZ end-user, although your direct This is a more costly customer base are retailers. The strategy, but is supply and two main marketing strategy demand in its purest form – options available to you would be if the demand is great enough either a push or a pull strategy. the supply channels will almost 1 PUSH STRATEGY: This is where your main aim is targeting the look after themselves. Regardless of the route you retailers to ensure your product follow it is imperative to have is available on their shelves. a good understanding of who This can be done through the end-user of your product is. tradeshows, rebate structures, What are their needs, what other sales representatives and product options are available to pricing. Other elements such as them and why would they prefer Point-of-Sale material that will yours? If you are unsure of the entice customers at the point answers to these questions, of purchase also aids as part of you might find that you are this strategy.New businesses still producing only black cars, often adopt a push strategy for in case somebody wants one, its products in order to generate in today’s consumer driven exposure and a retail channel. world. Darmesh Shah gives Once a product brand has been excellent advice when he says: established a pull strategy can “When you’re trying to make be integrated. an important decision, and 2 PULL STRATEGY: This is when you’re sort of divided on the you entice the end-user to issue, ask yourself, ‘If the actively seek out your product, customer were here, what thus creating a demand that would she say?’” the retailer needs to meet. This If the marketing plan for can be done through targeting the year is a line and within consumers through mass media, the budget to allow for product sales promotions and discounts, brochures and customer golf word of mouth referrals and days it’s probably time to other communication channels think about where the road targeted at the end-user. that you are on is leading. DIY & INDUSTRIAL TRADE NEWS APRIL 2017