PULL AND PUSH STRATEGIES
Marketing firm may adopt ‘Pull’ or ‘Push’ strategy to
achieve its marketing objectives. Both strategies have different dimension and
direction. Both strategies have their own advantages and limitation.
·
Pulling Strategy: A pull strategy is based around the manufacturer promoting
their product amongst the target market to create demand. In case of a pull
strategy, marketing efforts are directed at the ultimate consumer and consumer
promotions such as consumer contest and sweepstakes, rebates, coupons, free
samples, consumer’s premium, etc. are used. The objective of such promotional
efforts is to create sufficient consumer demand to “pull” the product through
the channels. Consumers pull the product through the distribution channel
forcing the wholesaler and retailer to stock it, hence the name is pull
strategy. These are promotional effort by a seller to stimulate demand among
final users, who will then exert pressure on the distribution channel to carry
the good or service, pulling it though the marketing channel. A “pull” strategy
is appropriate when the product demand is high. “Pull” promotion do not require
any kind of support from re-sellers.
·
Pushing Strategy: A push strategy is where the manufacturer concentrates
some of their marketing effort on promoting their product to retailers to
convince them to stock the product. These are promotional effort be a seller to
members of the marketing channel intended to stimulate personal selling of the
good or service, thereby pushing it through the marketing channel. Push
strategy is generally appropriate for product categories where there is low
brand loyalty and many acceptance substitutes are available in the market.
Manufacturer, who cannot afford to engage in sustained mass advertising often
use push strategy and offer effective incentives to dealer.
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