Wednesday, July 8, 2009

Promotion Ideas

Promotion Ideas
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Once a small business has determined both its business positioning strategy and the size of the promotional budget, specific promotional activities can be selected. Promotion programs provide direct purchase incentives in contrast to most advertising, which provides reasons to buy your product instead of the competing brand.
Admittedly, some types of promotions can be expensive, complicated, difficult to execute, time-consuming, and difficult to administer legally. Many small businesses are local or regional, so some types of promotional activities will be too expensive or inappropriate for the type of goods and services offered. The most important thing is to come up with a promotion that is unique and that sends the right message about your business. And it is critical to monitor the effectiveness of your promotions. If they don't generate results, they aren't worth the time or money you'll spend.

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