risk identification.
Everything has a level. A degree. A measure.
Risk is no exception.
If all risks were the same, they wouldn’t be risks. But this is what we do. And we thrive on it.
Our experience in understanding a client’s needs and identifying the risk implications of a promotion is unrivalled. We say a promotion begins with the objective not the technique. Once we know the ‘why’, we can focus on the ‘how’. It’s an approach that’s significantly influenced by a promotion’s direction.
Risk is good. Risk identification is vital.
The table below shows how we might evaluate sales promotions and the impact of different mechanics.
| Promotional Objective | Build Awareness | Create Trial | Create Repeat/Enhanced Purchase | Build Loyalty |
|---|---|---|---|---|
| Sales Promotion Technique |
|
|
|
|
| Implication for Redemption | Low Redemption | High Redemption | Low Redemption | High Redemption |
| Implication for Risk | LOW/MEDIUM | HIGH | MEDIUM | MEDIUM/HIGH |
Mando | The Corner Building | Faraday Road | Aylesbury | Bucks | HP19 8TY
Mando is a trading name of Mando Corporation Limited, a private limited company and wholly owned subsidiary of WPP Group plc, 27 Farm Street, London, W1J 5RJ. www.wpp.com Mando Corporation Limited is a registered company in England and Wales:
CRN 1330138. VAT No. GB 596 2496 87
