Discover Tability: the AI platform that turns OKRs into resultsLearn more →

2 strategies and tactics for Promotions

What is Promotions strategy?

Every great achievement starts with a well-thought-out plan. It can be the launch of a new product, expanding into new markets, or just trying to increase efficiency. You'll need a delicate combination of strategies and tactics to ensure that the journey is smooth and effective.

Crafting the perfect Promotions strategy can feel overwhelming, particularly when you're juggling daily responsibilities. That's why we've put together a collection of examples to spark your inspiration.

Transfer these examples to your app of choice, or opt for Tability to help keep you on track.

How to write your own Promotions strategy with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own strategies.

Promotions strategy examples

We've added many examples of Promotions tactics, including a series of action items. We hope that this will make these examples as practical and useful as possible.

Strategies and tactics for getting more customers for a small business

  • ⛳️ Strategy 1: Offer promotions and discounts

    • Create a limited-time discount on popular products or services
    • Offer a loyalty programme with rewards for repeat customers
    • Provide a discount for referrals when existing customers bring in new customers
    • Host special events or sales during holidays and peak shopping times
    • Partner with other local businesses for joint promotions
    • Provide a discount for first-time customers to encourage trial
    • Create bundle deals for products or services
    • Advertise promotions through social media and email newsletters
    • Use targeted online ads to promote discounts to specific demographics
    • Track the success of promotions and adjust strategies accordingly
  • ⛳️ Strategy 2: Enhance online presence

    • Build a user-friendly website that is mobile responsive
    • Optimise the website for search engines (SEO)
    • Set up profiles on major social media platforms (e.g., Facebook, Instagram, Twitter)
    • Regularly post engaging and relevant content on social media
    • Encourage satisfied customers to leave reviews online
    • Utilise paid social media advertising to target potential customers
    • Implement a blog to provide valuable information and attract visitors
    • Run email marketing campaigns to keep customers informed and engaged
    • List the business on local online directories (e.g., Google My Business, Yelp)
    • Monitor and analyse online traffic and engagement metrics to refine strategies
  • ⛳️ Strategy 3: Engage with the local community

    • Participate in local events, fairs, and markets
    • Sponsor local sports teams, events, or charities
    • Collaborate with other local businesses to host joint events
    • Offer workshops or classes related to the business
    • Create a customer appreciation event to thank loyal customers
    • Distribute flyers and business cards in the local area
    • Join local business networks and chambers of commerce
    • Engage with local media for publicity opportunities
    • Host a grand opening or re-opening event
    • Gather and act on feedback from local customers to improve services

Strategies and tactics for preparing a comprehensive mall review strategy

  • ⛳️ Strategy 1: Establish a robust mall management structure

    • Appoint a mall general manager to oversee overall operations
    • Set up specialized departments for operations, leasing, marketing, and finance
    • Designate managers for each department to ensure focused leadership
    • Implement weekly cross-departmental meetings for alignment on objectives
    • Create clear reporting structures with department heads reporting to the general manager
    • Conduct quarterly reviews of the management structure to identify areas for improvement
    • Develop a succession plan to maintain leadership continuity
    • Integrate communication and project management tools for improved collaboration
    • Organize bi-annual team-building activities to strengthen team dynamics
    • Set up performance evaluation criteria for department heads
  • ⛳️ Strategy 2: Maximize tenant occupancy through strategic lease management

    • Establish a dedicated leasing department for managing tenant relations
    • Develop a tenant mix strategy to balance retail, F&B, and service stores
    • Introduce a lease expiry management system for timely renewals and negotiations
    • Set up KPIs for monitoring occupancy rate, lease terms, and tenant satisfaction
    • Conduct market research to identify potential new tenants and sectors to enhance the mall's offering
    • Review and adjust lease terms to reflect current market conditions
    • Implement a feedback system for tenants to express needs and concerns
    • Organize regular tenant meetings to discuss and negotiate leasing issues
    • Provide incentives for anchor tenants to ensure long-term occupancy
    • Develop a contingency plan for managing high vacancy rates
  • ⛳️ Strategy 3: Enhance financial transparency and operational efficiency

    • Set up a finance and accounting department for revenue and cost management
    • Implement monthly financial reporting to track profitability and operational costs
    • Introduce a centralized billing system for tenant payments
    • Automate vendor and supplier payments to optimize cash flow
    • Conduct regular financial audits to ensure accuracy and compliance
    • Establish an expense management policy for cost control
    • Analyze financial data to identify trends and areas for cost reduction
    • Train staff in financial literacy to enhance fiscal responsibility
    • Create an annual budget plan aligning with mall objectives
    • Integrate accounting software for streamlined financial operations

How to track your Promotions strategies and tactics

Having a plan is one thing, sticking to it is another.

Setting good strategies is only the first challenge. The hard part is to avoid distractions and make sure that you commit to the plan. A simple weekly ritual will greatly increase the chances of success.

A tool like Tability can also help you by combining AI and goal-setting to keep you on track.

More strategies recently published

We have more templates to help you draft your team goals and OKRs.

Planning resources

OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:

Table of contents