SMART MARKETING
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Picture
One effective way to drive short-term revenue - especially when immediate income is more important than long-term profit - is to run a sales promotion. This might include price discounts or multi-buy offers. While these can boost sales temporarily, they erode margins and rarely deliver lasting benefits for established brands.

A smarter alternative is a themed promotion that captures the audience’s imagination. A prime example is McDonald’s Monopoly, which has been running since 1987. Stickers placed on select menu items can be peeled to reveal instant-win prizes or collectible Monopoly property sets. Customers try to complete colour sets for a chance to win high-value prizes like cash, cars, or vacations.

The promotion works because it's simple, familiar, and more fun than a straightforward discount. It taps into powerful psychological triggers such as scarcity, urgency, chance, the near-miss effect, and collectability. In October 2011, McDonald’s reported a 5.5% increase in U.S. same-store sales during the promotion, with similar lifts globally.

Now active in over 20 countries, typically for 4-6 weeks each year, Monopoly has become a highly anticipated event. Its consistent success makes it one of the most effective marketing campaigns in fast-food history.

References:
Basic facts.
Sales uplifts in 2008 and 2011.







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  • Home
  • Books
  • Illustrations
    • Marketing
    • Brand Development
    • Brand Experience
    • Innovation
    • Communications Strategy
    • Media Roles And Characteristics
    • Creative Content
    • Pricing & Sales Promotion
    • Measurement
    • Data and Analysis
    • Brand Review & Planning
    • Brand Extension
    • Mental Processes
    • Business >
      • How Creativity Delivers Competitive Advantage
    • Business Story Telling
    • Case Examples
    • Wellbeing
    • People Skills
    • Life Hacks
  • Articles
  • Media
  • Services
    • Consultancy
    • Speaking Engagements
    • Training for B2B Professionals
    • Market Research Training
    • Visualisations
  • Contact