3 Ways Unique Product Placement Can Boost Retail Business

| November 15, 2013

ProductPlacementKeeping up with the world of advertising can be difficult, but there are a couple of things that you can do in order to improve the current state of things. A lot of retailers are looking for new ways in which they can draw in customers. You can find out more by taking a look at the different options that are available to your business. While a lot of people will take a look at online marketing and traditional forms of advertisement, there are other things that you can do which may end up boosting your sales considerably.

Product placement is essentially placing a product in a strategic place in order to boost peoples’ awareness of it. It is done a lot more than you may realize. A lot of movies have various forms of product placement in them. IPhones, characters drinking cans of Pepsi and trucks crashing into places like Starbucks or McDonalds are all subtle forms of product placement that can help to boost the overall popularity of a particular store. What these corporations often do is pay a fee to the company that is creating the movie or television series. This will then give them the opportunity to air their products on screen and get more people from around the world to take an interest in their business.

Product Placement on a Local Scale

You can still use product placement on a local scale. Take community theater for example. If there is one available in your area, then make sure to take a look at how you can boost your sales with product placement here. You can even offer to partially sponsor plays and events that are taking place in your local theater. Selling products that are from your store is a good way of boosting your business and ensuring that more people are aware of the different products that you sell.

Radio

If your retail business is interested in spreading the word to the wider community, then you can take a look at radio shows and see if you can sponsor them. Radio is often a subtle way of using product placement as many people may not even think about it, but will suddenly realize that something they need is being advertised. With radio, you have plenty of options.

Blogs

Your business should have a blog. This is one form of online marketing that a lot of people have nowadays. Using a blog will ensure that you get the message out there and provide people with new updates about your business. This will also allow you to place advertisements regarding new products. You can do this with other forms of social media as well, such as Facebook and Twitter.

When it comes to product placement, it is often quite easy. You just need to know the right media through which you can boost retail business.

Author Bio:
Ashley is a freelance writer and blogger. She writes on a number of different subjects. She is now covering Retail Packaging topics too.

 

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