"Narrative Summit" Releases 2025 Recommendations to Cement Egypt's Position as a Global Tourism Destination    Egypt, S.Arabia step up trade ties through coordination council talks    Egypt reviews progress on $200m World Bank-funded waste management hub    Egypt urges Israel to accept Gaza deal amid intensifying fighting    Egypt, ADIB explore strategic partnership in digital healthcare, investment    SCZONE, Tokyo Metropolitan Government sign MoU on green hydrogen cooperation    Egypt welcomes international efforts for peace in Ukraine    Al-Sisi, Macron reaffirm strategic partnership, coordinate on Gaza crisis    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    Egyptian pound down vs. US dollar at Monday's close – CBE    Egypt's FM, Palestinian PM visit Rafah crossing to review Gaza aid    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Marketing should focus on long-term gains, says expert
Published in Daily News Egypt on 25 - 01 - 2009

CAIRO: As marketing tools progress, companies try to find innovative ways to attract costumers. From buy-one-get-one-free offers to seasonal discounts, companies are always vying for consumers attention.
Although advertisements influence consumer choices, giveaways and promotions are another key tactic. Vodafone, Mobinil and Etisalat, for example, are constantly announcing new promotions in the competitive battle between mobile operators.
Holidays, when a flurry of text messages are being sent back and forth, are high time for special offers. This past New Year s, Vodafone offered a 25-50 percent discount on all international calls.
Mobinil's Twinkle offer, for example, gives parents using the Star line free unlimited calls to their children. Along with the offer is a mobile designed for kids with special features such as two special call buttons: one for mom and another for dad.
Another campaign that has been the talk of the town is C&CO s PercentAGE campaign, where customers get a percent discount based on their age. For once, the older you are the better.
Ahmed Ragab, commercial director and managing partner of C&Co., said he got the idea from a store in France. The objective of the campaign is to reach out to potential older customers.
Most companies offer promotions when they are overstocked, he said, but our philosophy is different: It is not supplier-oriented but consumer-based.
According to Ragab, the sales pitch has been effective. It gained 150 percent over expectation and enabled the company to acquire a [significant] market share.
The people behind the idea thought younger customers would bring in their parents and even grandparents to get a bigger discount. Moreover, because they employed a strategy new to Egypt's market, they gained much from word-of-mouth advertising.
Some younger customers reportedly approached random older people on the street and asked if they'd pretend to be relatives. One man brought his dead grandmother s ID, said Ragab, but in order to use the offer, the ID carrier should be present.
However, it s not always easy or effective for company s to offer promotions.
Promotions should be done carefully, said Ahmed Tolba, an AUC marketing professor. Companies might use promotions at the early stages to drive trial, then use them occasionally to excite consumers, but avoid over-using them to protect brand image, he added.
Ola Bakeer, who has been working in marketing since 1995, said that when marketing a product, research has to be conducted by the marketing group and the ideas for different campaigns are gathered.
It is also important to study the competitor, and how they market their product. After that one has to search for possible outlets to display an item.
If you're marketing a laundry detergent, for instance, companies should partner with supermarkets to display their product in the storefront.
Another key is the target audience. When marketing for medical products, doctors and pharmacist are targeted, while marketing for beauty products, one would offer giveaways to beauty salons, Bakeer said.
One idea Bakeer and her team came up with is to offer flavored bonbons with children s medicine so kids can start to like the taste of medicine.
It's also always fun - and effective - to engage consumers in a competition. Mountain Dew campaign in the summer of 2006 had a team driving around Cairo's streets in Mini Coopers, giving passersby s holding cans of Mountain Dew gifts or money.
At the time of the campaign, it was common to spot a group of people putting their cans of Mountain Dew on display. However, when the campaign ended, most of those who drank six bottles a day stopped or cut their consumption short.
Marketing is all about long-terms gains, Tolba said. It is important that you keep satisfying your customers to drive loyalty and ensure long-term sales and profits.


Clic here to read the story from its source.