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Merchandising Food
Merchandising Food
Merchandising Food
Merchandising is a great marketing strategy. Marketing involves the four (4) Ps namely:
Product
Place
Promotion
Price
Merchandising speaks to the promotional aspect of marketing. Factors that affect promotion
are timing, cost of the market entry and competition from others. A new product will require
customer education strategies to increase awareness and to convince potential customers to
purchase. If finance is not a problem, an extensive promotion and advertising campaign is
possible. With financial constraints, word- of- mouth advertising is an alternative. Satisfied
customers will tell others about the product.
Merchandising Techniques
Product Overview:
Product Name:
Category:
Target Audience:
Packaging Details:
Market Analysis:
Target Market:
Competitors:
Strengths:
Weaknesses:
Merchandising Objectives (What do you want to achieve from merchandizing your
product?):
Increase Brand Visibility
Boost Sales Volume
Introduce New Products
Build Brand Loyalty
Visual Merchandising: (How do you plan to show potential customers your product?
Display Concepts:
Seasonal Displays
Themed Displays
Interactive Elements
Pricing: (How do you plan to use pricing to your advantage?)
Pricing Strategy:
Regular Pricing
Discounted Pricing
Bundle Offers
Promotion: (What promotional activities do you intend to utilize?):
Limited-Time Offers
Loyalty Programs
In-Store Sampling and Demonstrations:
Schedule for Sampling Events
Sampling Materials and Setup
Educational Merchandising:
Informational Signage
Nutritional Benefits
QR Codes or Digital Screens for Additional Information
Online Presence:
Social Media Campaigns
Influencer Collaborations
Online Exclusive Promotions
Packaging and Branding:
Packaging Design
Labelling Information
Contingency Plan: (Identify potential challenges)
Develop contingency plans for unforeseen circumstances.