Advantages of Pull Marketing Technique
In
pull technique customer awareness about the product or demand is created by
different methods. This strategy is customer focused in nature .Advantages of
pull technique is brand image building, customer relation building, and wining
customer loyalty.
1. Brand Image Building
Pull
technique is useful way to build brand image of the company. This image
building can be effectively utilized by the management in future product launch
and many other ways.
2. Customer Relation Building
Pull
technique is an effective way of building direct customer relationship.
Customer is most important factor in marketing, and pull strategy focuses this
important factor. Customer awareness & generic customer demand is targeted in
pull technique by the company.
3. Customer Loyalty
Pull
techniques focuses on customer loyalty, which is very important for current
product marketing and such loyalty may also be effectively used by the company for
future products launch & promotions.
4. High Price Possible
Pull
marketing technique company may charge high price, because high customer demand
is raised in pull marketing and customer is ready to pay high price for the
product due to awareness created for the product or company.
5. Limited profit Sharing
In
pull marketing the company keeps the major portion of profit with itself, and
only limited profit is offered to distributor. It means that profitability of
company improves with pull strategy.
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