Marketing Trendz Volume 23 January/February 2018 Edition Sample | Page 3

sales promotion & events KEEP THEM IF YOU CAN To beat the cross-border competition, The Pen Centre adds new program. Located in St. Catharines, Canada, just minutes away from the U.S. border, The Pen Centre understands the next level shopping culture that exists on the other side of the line. Aware of the constant competition, the shopping center developed “Shop Black, Save Green” to introduce the holiday season. Looking to catch shoppers either before leaving or on their way out of the country, the Black Friday program started extra early this past fall, running on the Thursday and Friday of the November long weekend to cater to those with more than one stop on their shopping schedule. “Even with the fluctuating exchange rates, residents will still travel the short distance across the border to access products not available in Canada or take advantage of the different experience that shopping in the U.S. offers, so you can imagine the temptation to cross the border is even more significant during Black Friday,” said Helen Edwards, marketing director. Along with a quality swag bag giveaway, “Shop Black, Save Green” delivered three forms of added value: Black Knight surprise, Deal Diva, and Shop to WIN. Between the traveling Black Knight and Deal Diva, select shoppers had the chance to receive a free purchase by way of being Customers hoped to snag gift cards on the spot if the Deal Diva shared their deal online. Shop Black, Save Green ‘knighted’ and an on-the-spot gift card in the amount of C$200 (approx. US$160), C$300 (US$240), or C$500 (US$400) if the Deal Diva shared their deal online. For the shop to WIN component of the promotion, customers could register their purchases at the guest services desk to try their luck at winning the Suite Experience at the Niagara Ice Dogs (a C$500 value). By the end of the weekend, almost C$5,000 (US$4,000) was given away for the Black Knight, 61 shoppers snagged gift cards from the Deal Diva, 250 people entered the Shop to WIN contest, and more than 60 percent of retailers experienced an increase in sales of 15 percent or higher over the previous year. Swag bags were key to luring Black Friday shoppers. THE IMPACT Here’s a summary of the "Shop Black, Save Green" event marketing plan: ONLINE The Goal: To receive 100,000 organic impressions on Facebook and Instagram, and receive at least 100 customer posts over the long weekend. The Strategy: Launch the Deal Diva initiative and encourage shoppers to share their deals via social media for the chance to win. The Result: The Pen Centre received more than 138,620 impressions and 144 customer deal posts over the four-day period. OFFLINE The Goal: To drive overall customer traffic and to have at least half of retailers experience at 10-percent (or higher) increase in sales. The Strategy: Launch an aggressive integrated marketing campaign to promote the added value components of the program. The Result: The majority of retailers saw higher overall traffic and 61 percent of them experienced an increase in sales of 15 percent or higher. THE BOTTOM LINE Swag bags handed out: C$10,000 (US$8,000) • 500 bags filled with water bottles, chocolate, store coupons, and a C$10 (US$8) Pen Centre gift card In-mall: C$9,000 (approx. US$7,200) for signage, posters, flags, and decals Prizing: Black Knight (C$4,700 or US$3,760), Deal Diva (C$600 or US$480), and Shop to WIN (C$500 or US$400) Radio: C$3,000 (US$2,400) Agency fee to create materials: C$2,800 (US$2,240) Newspaper: C$2,500 (US$2,000) Social media: C$400 (US$320) Total cost: C$33,500 (US$26,800) PAGE : 17