NEW YORK, April 14, 2021 /PRNewswire/ --
The Promotional Services market will register an incremental
spend of about USD 40.31 Billion,
growing at a CAGR of 5.34% during the five-year forecast period. A
targeted strategic approach to Promotional Services sourcing can
unlock several opportunities for buyers. This report also offers
market impact and new opportunities created due to the COVID-19
pandemic.
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Key Highlights Offered in the Report:
- Information on how to identify strategic and tactical
negotiation levels that will help achieve the best prices.
- Gain information on relevant pricing levels, detailed
explanation on pros and cons of prevalent pricing models.
- Methods to help engage with the right suppliers and discover
KPI's to evaluate incumbent suppliers.
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information
Insights into buyer strategies and tactical negotiation
levers:
Several strategic and tactical negotiation levers
are explained in the report to help buyers achieve the best prices
for the Promotional Services market. The report also aids buyers
with relevant Promotional Services pricing levels, pros, and cons
of prevalent pricing models such as volume-based pricing, spot
pricing, and cost-plus pricing and category management strategies
and best practices to fulfill their category objectives.
Insights on buyer strategies and tactical
negotiation levers.
Key Drivers and Trends Fueling Market Growth:
The
pressure from substitutes and a moderate level of threat from new
entrants has resulted in the low bargaining power of suppliers.
Price forecasts are beneficial in purchase planning, especially
when supplemented by the constant monitoring of price influencing
factors. During the forecast period, the market expects a change of
2.00%-4.00%.
- Identify favorable opportunities in Promotional Services TCO
(total cost of ownership).
- Expected changes in price forecast and factors driving the
current and future price changes.
- Identify pricing models that offer the most rewarding
opportunities.
Some of the top Promotional Services suppliers listed in this
report:
This Promotional Services procurement intelligence
report has enlisted the top suppliers and their cost structures,
SLA terms, best selection criteria, and negotiation strategies.
- Daniel J. Edelman Holdings Inc.
- WPP Plc
- Omnicom Group Inc.
- Publicis Groupe
- BlueFocus
- The Interpublic Group of Companies Inc.
- Accenture Plc
- MediaCom
- Cheil Worldwide
- Boston Consulting Group
Related Report on Information Technology Include:
- Laboratory Information Management Systems Sourcing and
Procurement Report
- Newspaper Advertising Sourcing and Procurement Report
- Media Training Sourcing and Procurement Report
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Table of Content
- Executive Summary
- Market Insights
- Category Pricing Insights
- Cost-saving Opportunities
- Best Practices
- Category Ecosystem
- Category Management Strategy
- Category Management Enablers
- Suppliers Selection
- Suppliers under Coverage
- US Market Insights
- Category scope
- Appendix
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