Balancing profitability and promotions in Product Marketing: Are you effectively managing your bottom line?
In product marketing, striking the right balance between promotions and profitability is an art. To ensure you're not sacrificing your bottom line:
- Analyze promotion performance regularly to identify which offers truly drive profit.
- Set clear objectives for each promotion, tying them to measurable outcomes.
- Balance short-term gains with long-term brand value, avoiding deep discounts that may devalue your product.
How do you balance promotions with profitability? Share your strategies.
Balancing profitability and promotions in Product Marketing: Are you effectively managing your bottom line?
In product marketing, striking the right balance between promotions and profitability is an art. To ensure you're not sacrificing your bottom line:
- Analyze promotion performance regularly to identify which offers truly drive profit.
- Set clear objectives for each promotion, tying them to measurable outcomes.
- Balance short-term gains with long-term brand value, avoiding deep discounts that may devalue your product.
How do you balance promotions with profitability? Share your strategies.
-
Gerenciamento de resultados é mandatório no marketing. Isso é o que garante a sustentabilidade da empresa. Para isso é muito importante ter uma metodologia clara e bem definida de gestão de cobertura de objetivos de vendas. Quando a cobertura de objetivos não acontece, importante entender o real motivo e agir sobre ele, atuando nos desvios. Isso faz com que o investimento de marketing seja realizado onde é necessário, trazendo os resultados para a empresa.
-
Beginning with a solid understanding of the right mix of offers that drive genuine value. Regularly evaluating promotion performance helps ensure that you're not sacrificing your bottom line for short-term gains. By setting clear, measurable objectives, you align promotions with business goals, maintaining both customer satisfaction and long-term brand value.
-
I don’t think balancing is the right approach. Both of these should not be the purpose of the businesses. They should be by products. Business should be driven by value and it should come from innovations. Innovation doesn’t always mean coming up with new products, it can also mean finding an efficient way to use the existing products. Promotions should never come at the cost of profitability in my opinion. Compromising profitability for scalability is still acceptable but definitely not for promotion. In today’s world, if the offering is good, consumers will consume because the accessibility has increased exponentially. So, value is the key.
-
Um exemplo que já vivi com sucesso: -primeiro, negociação com fornecedor. -compra de grande volume de produto -boa colocação de produto -boa comunicação, -apresentação de um modelo operativo E...cria necessidade no cliente e consequentemente rotação de produto
-
Great question! Balancing profitability and promotions can be tricky. It's all about finding that sweet spot where you drive growth without sacrificing margins. I'd love to hear how others are navigating this challenge!
Rate this article
More relevant reading
-
MarketingHow do you set the optimal price skimming strategy for a new product launch?
-
CommercializationHow do you differentiate your product from competitors in a crowded market?
-
Strategic MarketingWhat are the key benefits and challenges of product differentiation?
-
Consumer ProductsHow do you avoid cannibalizing your existing products with extensions?