In the current situation, few retailers can boast of having funds for advertising that can cheer up buyers and inspire them to buy. The logical conclusion seems to be the good old cross-promo. But is it "working" now?
According to Daria Nuclear, managing director of Esper Group, cross-promotion still works, the main thing is to choose the right partner. One example of a successful marketing union can be a joint promotion of a fitness club and a sports shoe brand. Joint sales of collections of shoes and accessories still give a good result. An experiment in cross-promotion with a pedicure salon or taxi service may turn out to be no less interesting for shoe makers.
The classic version of cooperation of shoe and clothing companies with related DNA brands from the same price segment also does not lose its relevance and effectiveness. This is evidenced by the experience of the Tommy Hilfiger Group. “For the fourth consecutive season, we have been successfully working on cross-marketing projects at Soho with our partners, clothing distributors Gant and Marc O'Polo. And we plan to develop this direction, strengthening it with our partners in the brands Clarks, Strellson, Napapijri and others. This season we want to increase attention to the history of brands by combining them on a trip to key cities and countries of Soho brands. We reveal the stories and legends of our brands, involve our customers in this game, offering to feel the atmosphere and mood of the collections. And as a commercial component, buyers of clothes and shoes have the opportunity to choose in a large assortment the desired model / size with a small but pleasant discount. The project is especially effective when stores are present inside one shopping center, ”said Natalya Chernysheva, Advertising Manager and PR TMHF Group. - In the spring of 2015 at Soho, we also launch history together with friendly fashion publications. To be open to interaction, flexible, inclusive - in our opinion, this is a rule of work that is necessary not only in crisis mode, and we are glad that more and more partners are coming to this now. ”
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