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Effect of advertising on consumer behaviour
Importance of consumer decision making process
Effect of advertising on consumer behaviour
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Recommended: Effect of advertising on consumer behaviour
Effect of promotion on consumer buying behavior in study the restaurants in Pakistan
Literature Review:
Promotion
Promotion is one of the best way to attract customer or consumer to buy more or try the product or services. As the result of the promotion last include the increase in sales, the amount of material used and attract new customers towards product and services. Now a days, the chain of fast food are fastly increasing in Pakistan e.g. KFC.
According to previous researches, there are different promotion tools(advertising, word of mouth, buy one get one free offer, coupons , price discounts etc) that can effect on consumer buying behavior toward restaurants. (Krishnha and Zhang, 1999; Huff and Alden, 1998; Leone and Srinivasan, 1996)
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Retailors also promote different ways and strategies of price reduction that attract the consumer buying behavior n (e.g. Dickson and Sawyer, 1984; Blattberg and Neslin, 1990).
Price Discounts
According Kardes (1999), the free sample technique in sales promotion also increase our sales. When a company produes a new product and execute market. Public do not aware of a new product. The marketing managers of the company wants to increase their sales and promote their new product in a market with the help of promotional tools. Fill (2002 discounts are a common technique to aatract consumers toward a product. The price reduction on a product that is clearly given in the product packaging.
Consumer buying
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According to Nijs, Dekimpe, Steenkamps and Hanssens (2001), the promotional tools have a huge effect on consumer buyiny behavior such as advertisement, word of mouth and buy one get one free etc. by promote the products the customers are more attracted toward product (Bridges, Briesch and Yim, 2006). According to Naimah and Tan (1999) ther are some factors that can effect the customer to buy a specific product such as high purchasing power and other sales physical surroundings. Kotler (2003) argued that there are some social and economic factors may affect consumer decisions for example culture and fundamental factors of consumer
The promotional used by McDonalds is sale promotion. The sale promotions such as buy one happy meal get a free deal, prize and the other things. These strategies are usually used to attract more and more customers patronize because of those free stuff.
Webster's dictionary defines consumerism as "the economic theory that a progressively greater consumption of goods is beneficial." today we are surrounded by a culture of things and possessions:a materialistic world.consumption of materialistic goods has encroached upon every sphere of our lives and we don't even realise it.at first products had a value of necessity in our lives.but now they are sign of choice, social status and identification.the more we advance technologically and socialy the more we need products to keep up with the times.but do people really need all the things they buy?consumerism today is all about people feeling the need to buy more and more material goods to attain some sort of satisfaction.
Intro Deciding what you want to study during your college career can be a difficult and tedious task. This is due to fact that many young adults coming out of high school are unsure of what they want to do or what path to take career wise. It is also tedious because this requires that these individuals have to constantly try and explore new avenues so that they can find their passion in life. The path I chose to take when coming out of high school was entering the business school at Howard University.
Promotion is advertising to potential customers in and effort to create an awareness of your business. It is reasonable to believe that without the ability to advertise a company would have a difficult time generating new customers.
With the development of global economy, the profits of enterprises are facing tougher competition and adjustment. Then the traditional sales model was not competitive any more compared with other new alternative promotion tactics. In general, the promotion will increase the overall product sales by stimulating the purchasing intention of customers and influencing customers’ behavior. For instance, a large portion of the early entrants in the market could not survive without promotion. For those enterprises that hold certain market shares by mature products, they still need promote to gain great development and larger share of the market even more profits. Furthermore, there are various forms of promotion. But coupon became
The goal of studying this module is to understand the basic concepts of promotions and marketing in tourism and hospitality. This module describes tourism promotion, its goals, types, concepts like promotion mix. You will be able to understand basic concepts like differences between promotion and marketing and their importance to the tourism and hospitality industry. It also explains the general global trends in tourism promotion and in analyzing the role of globalization in tourism promotion. We have also highlighted the challenged faced by
Promotion: informing the potential customers of the availability of the product, its price and its place
Promotional strategies will depend on the size, situation and specialties of the centre. When planning the annual strategy, it is important to ensure that the correct timing and mix of promotions is taken into consideration. When planning, it is imperative to take into consideration religious holidays, public holidays, and school holidays. Provision should also be made for major merchandising opportunities and low trading periods must not be forgotten. Before any promotional proposal is accepted, the marketing manager should be satisfied that it will be promoted and advertised adequately so that it will draw additional shoppers to the centre. It may be advisable to issue instructions on the format of advertising posters. Advertising is very necessary to support promotions. Promotion depends on heavy advertising and public relations to build brand awareness and educate shoppers on the product’s benefits. advertising is the key component of a promotion and is usually one of the most visible elements of a marketing communications program. Advertising is paid, nonpersonal communication transmitted through media such as television, radio, magazines, newspapers, direct mail, outdoor displays, the internet, and mobile devices. Internet advertising is the fastest growing medium, while traditional media such as newspapers, radio, and magazines are struggling with meaningful declines in ad revenues. Because
Promotion. Finally comes promotion - informing the customer on the qualities and advantages of the product so that the potential buyer learns about the product, prefers it to those of the competitors, and has an opportunity to buy it at some place.
Sales promotions offer customers an incentive to buy an item. Sale promotions are promotions such as coupons, percent off, rewards and rebates. Sales promotions can be an important part of building brand equity. Sales promotions can increase sales and attract new customers.
The critical question that must be asked with regard to promotion is: How can I promote my product so that my target market knows what a wonderful product I have available? Promotion refers in essence to communication with the customer. In its simplest form, it means message sent, message received, and message acted upon. If the product has been produced with the needs and desires of the customers in mind, the communication necessary for getting customers to buy it is through the message used to reach them. Promotion includes all the advertising and selling efforts of the marketing plan. Goal setting is important in developing a promotional campaign. The ultimate goal is to influence buyer behaviour, and therefore the desired behaviour
Several factors affect consumers’ attitudes, actions and decisions. Public catch information from social networks, which is an important source of getting information and this, is also a very suitable source of information. People talk about their experiences with each other regarding a product or brand. This is how people get different kind of information about different brands and products. In marketing we call this thing electronic word of mouth. Word-of-mouth is evaluating or sharing experiences...
The main topic for this Extended Essay is to analyze the effectiveness of company’s market strategy. A marketing strategy can be defined as a process that helps a business to optimize the opportunities in order to complete business objectives, which mainly gain profits. It includes all basic and long-term field activities of marketing that deal with the analyzing of initial strategy, evaluation of the strategy, and making of a new strategy if the initial strategy is found to be ineffective or even might cause loss. (Homburg, Kuester and Krohmer 2009) To make sure the effectiveness of marketing strategy, its crucial to establish the right marketing mix which cover all the element needed in marketing a product. (Clark, et al. 2009)
The research on consumer behavior assists the organization recognize and forecast the purchase behavior of the consumers while they are purchasing a product. Thus, the study of consumer behavior helps the marketers not only to understand what consumer's purchase, but helps to understand why they purchase it (Kumar, 2004). There are a lot of elements which can influence the purchase decision of consumers such as social influences, cultural influences, psychological factors and personal factors (Super Professeur, 2011). Understanding these factors helps the company to market the product on right time to the right consumers in order to generate more profits. On the other hand, if the marketers fail to understand these components that might influence consumers, they will fail to convince the consumers to purchase that product or will fail to meet the demands of consumers. However, consumer behavior is one of the stimulating and challenging areas in marketing studies being a human activity focused on the products and services. Thus understanding the behavior of the consumers is a great challenge. Moreover, it is not easy to get a full picture of consumer behavior as customers make plenty of different buying decision every day and they usually do not know exactly what influences their purchase. In short, basing on all
Sales promotion can increase the sales in the short term and sale promotion can increase awareness of the brand among consumers.