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POP displays are placed strategically at the points where the attention of customers will be facilely grabbed. These adverts tend to influence the impulsive buying choices of the shoppers. According to the statistics, 60% of buying decisions are made in the stores at the time of making the purchases. Therefore, this kind of advertising is very facilitative in increasing multi-unit sales and brand switching.<br>http://www.daviesignarama.com
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How effective are Point of Purchase and Display Advertising? What are Point of Purchase (POP) Displays – They are specialized form of sales promotion placed in a store near, on, or next to a checkout counter. POP displays are intended to attract customers to the products. They can be used to promote a new product, a special offer or a special event such as holiday sale. POP Display Effectiveness: Key Statistics – Almost 66% of all purchase decisions are made while people are in the store shopping. 70% of these buying decisions are classified as impulse buying. Nature of Decisions made at the retail site – Specifically Planned 33.9 % Unplanned Purchase 52.6 % Generally Planned 10.6 % In-Store Influenced 66.1 % Substituted In Store 3.9 % POP delivers between 2.6 to 45.5% sales lift. 40% of customers recalled seeing In-Store Advertising. In-Store Advertising was present for 37.8% of products purchased. Of those purchased products with In-Store Advertising, 28.8% were recalled. Carbonated beverage, cigarette, and coffee advertising were recalled most often by customers. POS displays can include:
Shelf Edging Display Packs Posters Dummy Packs Display Stands Banners Advantages of POP Display Advertising – Placement: They can be placed almost everywhere - next to merchandise, on shopping bags, or at the checkout counter. Low Cost: POP displays offer the cost per thousand impressions of just 3 cents to 37 cents for a store merchandiser. Precise Target Marketing: POP programs can be easily tailored and used as per the requirements of local markets. Effective: POP display advertisements directly affect incremental sales, brand switching and multi-unit sales. Influential: POP display advertisements allow retailers an opportunity to influence customers in a competitive environment. Sources: http://www.sparinc.com/blog/pop-displays-what-are-they-and-how-can-they- affect-your-retail-store/ http://www.hrsbdc.org/growing-a-business/guide-to-competitive-media/point- of-purchase/ https://www.boundless.com/marketing/textbooks/boundless-marketing- textbook/personal-selling-and-sales-promotion-14/promotion-methods-in- consumer-sales-96/point-of-purchase-promotions-476-7609/ http://www.gspretail.com/downloads/infographic/GSPInfographic.pdf https://hbr.org/1983/11/better-marketing-at-the-point-of-purchase This infographic is presented by Sign a Rama Davie, Florida