Final Customer Purchasing from the Product Producer
Acquire Steps: Acquire steps include all activities the customer completes preceding the use or the consumption of the product. These steps include the customer's efforts needed for evaluation and acquisition of the product.
A.
Knowledge: Add knowledge
2.
Relative benefits – Help customers understand the unique benefits of your product
C. Deliver brand message to customers
Use traditional media
Emphasize unique benefit in message
Price
No. | Year | SIC | Note |
1 | 1994 | 2043 | Kellogg is running an ad campaign to convince customers that product is cheap, even though it costs more than many competitor brands. Kellogg has been increasing the prices of its brands by 6% or so a year, to maintain profit margins. |
2 | 1993 | 2111 | Philip Morris is advertising its price cuts with a major new campaign. Ads are direct: we're competing on price. |
3 | 1990 | 2500 | Craftmatic widely advertises $400 beds. Then salesmen sell $2,000+ beds (accused of "bait and switch," but say it's just upselling). Salesmen are carefully trained to give a specified pitch. |
4 | 2005 | 3579 | Canon, which put the finishing touches on its new $99 PIXMA iP3000 printer last year, decided to position the machine against a comparable $129 Hewlett-Packard product. Canon built features into the printer such as two-sided paper printing and a second paper input tray that H-P's product lacked. The machine was soon selling briskly. |
5 | 1991 | 3711 | Sterling is offering to buy a $2 million estate for any Sterling owner who finds a comparably priced car with more features. |
6 | 1990 | 7389 | Visa's new ad campaign is its first-ever directed to merchants, to convince them that American Express's higher fee to merchants is exorbitant. The ad campaign will be a direct-mail package to 250,000 merchants, asking them to remove all American Express. |
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