Literature Review On Sales Promotion Techniques
Literature Review On Sales Promotion Techniques
Crafting a comprehensive literature review on sales promotion techniques can be a daunting task for
many individuals. It requires extensive research, critical analysis, and synthesis of existing literature
to provide valuable insights into the subject matter. From understanding the intricacies of various
sales promotion strategies to evaluating their effectiveness in different contexts, the process demands
meticulous attention to detail and a deep understanding of the relevant theories and concepts.
One of the primary challenges faced by individuals tasked with writing a literature review on sales
promotion techniques is the vast amount of available literature. With numerous studies, articles, and
academic papers published on the topic, navigating through this sea of information can be
overwhelming. Moreover, ensuring the credibility and reliability of sources adds another layer of
complexity to the process.
Furthermore, synthesizing the findings of different studies and identifying patterns, trends, and gaps
in the existing literature requires advanced analytical skills. It involves critically evaluating the
methodologies, results, and conclusions of various research works to construct a coherent narrative
that contributes meaningfully to the understanding of sales promotion techniques.
Given the time and effort required to undertake such a task, many individuals may find themselves
struggling to meet the expectations of their academic or professional endeavors. In such instances,
seeking assistance from experts in the field can prove to be invaluable.
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For effective communication to occur, the receiver must 1) hear the message, and 2) interpret the
message as the sender intended. How does the reaction of a thousand housewives, who read a.
While another case stimulation of sale is generated immediately. AcroPDF - A Quality PDF Writer
and PDF Converter to create PDF files. You might have to go through the various journals, books,
and guides before you begin writing your sales promotion assignment. It’s a hot day in July and
you’re enjoying a day at the beach. In the past, through the economic value and attributes of the
unique products and service offered by the hospitality firm, customers would locate value in the
organization, but today most of product- service offerings being similar and identical, the need of
new marketing strategies come into existence and so Loyalty marketing is in the box. Gaines,
Melinda. Guide to Bakery Business. 2011.. Pride, William M. and O. C. Ferrell. Marketing. Cengage
Learning, 2008. However, your selection does not insure you’ll either pay attention or remember or
correctly interpret what you see or hear. Elements of promotion Advertising strategies Other methods
of promotion. New readers are added whenever and advertisement is re-run. The typical media that
organizations utilize for advertising of course include television, magazines, newspapers, the
Internet, direct mail, and radio. This short quiz does not count toward your grade in the class, and
you can retake it an unlimited number of times. Reading: The IMF and the World Bank: How Do
They Differ? 95. Learn the steps in developing effective marketing communications. This technique
can help businesses retain existing customers and encourage them to make repeat purchases.
Magazines tend to have a longer lead time, so companies must plan far in advance for some
magazines. Referral programs can be used to increase customer loyalty and attract new customers. In
this case, stock clearance rebate prices or special prices are introduced by the producer or seller for
consumers. Report this Document Download now Save Save Literature Review about Marketing
Strategies and a. Analysis of the most popular and appropriate methods. The facts above clearly
justify that coupons should be the sales promotion technique the organic bakery uses to increase sales
volume. It has to sell products today and sell the name of the company. AcroPDF - A Quality PDF
Writer and PDF Converter to create PDF files. These events provide an opportunity to network,
build relationships, and generate leads. If there is a crisis or disaster and your company is in the
middle of a promotion being advertised on TV, you will likely have to scramble to reach consumers
via another medium. Reading: Demands for Corporate Social Responsibility 54. AcroPDF - A
Quality PDF Writer and PDF Converter to create PDF files. Now that you already tackled the basics
of this composition as well. The Marketing Plan: - While deciding the sales promotion technique, it is
essential that a strong underlying marketing plan is in shape that guides steps towards achieving
specific goals through sales.
Performance (A case Study of Sunshine Plastic Company), Journalof Emerging Trends in Economics.
One type of trade allowance is anadvertising allowance (money) to advertise a seller’s products in
local newspapers. Demonstrations of new video game systems and computers are extremely popular
and successful in generating sales. Gulf Coast Community College Credits: Chris Thomes Pam
Cooley. If a certain number of televisions are sold, the manager gets the television. It’s extremely
common for even savvy, large eCommerce sites to take a one-size-fits-all approach to sales
promotions onsite. However, your selection does not insure you’ll either pay attention or remember
or correctly interpret what you see or hear. Low G. and Mohr J.,2000. Advertising vs sales
promotion: a brand management perspective,Journal. Think about which television shows you choose
to watch, which magazines you read, which radio stations you select. Whereas you can block or
receive alerts about these cookies in your browser settings, certain site features may be impacted.
However, colour, brand image on the analytical of primary, it identifies the purchase decision.
Bundling can be used to move slow-selling products or services by pairing them with popular ones.
In this article, we’ll explore ten effective sales promotion techniques that can help you reach
businesses. A promotion that is too expensive may not be worth the investment if it does not result in
significant sales or customer engagement. AcroPDF - A Quality PDF Writer and PDF Converter to
create PDF files. The hope is that by advertising late at night, young children do not see the
advertisements. Uva W., 2000. Develop a Successful Promotion Program. Trade shows and events
can also help businesses stay up-to-date with industry trends and developments. Yoo, B.,Donthu, N.
and Lee,S., 2000. An examination of selected marketing mix elements and brand. Reading: Graphical
Tools: Gantt and PERT Charts 140. It aims to identify the changing perspectives, the current
challenges, and the benefits offered by examining information science specialists' views. AcroPDF -
A Quality PDF Writer and PDF Converter to create PDF files. Second chapter explored theoretical
analytical was gathered by consumers show greater understanding of brand. The strength of the
economy can have an impact as well. Basic cost, Profit Other Terms. Core Product, Actual Product
Augmented product. Price. Product. Marketing Mix. Media Advertising Direct marketing, Sales
Promo, PR. Sales promotions are concerned with enhancing the Sale of goods and services produced
by an organization or company. Video: Ethics and International Standards of Behavior 91. With
changing technology, webinars are being used to reach businesses that may not be able to attend trade
shows. All you have to do is register on the website or place an order. Reading: Generation Effects
and Consumer Behavior 203.
Interference includes any distractions receivers and senders face during the transmission of a
message. An agency takes a long time to grasp the problems and. Point-of-purchase displays,
including coupon machines placed next to products in stores, encourage consumers to buy a brand or
product immediately. If you are taking any problem in your marketing subjects you can attain
Marketing Assignment help from experts at reasonable prices. The previous part of the review has
demonstrated that there is a separation of the sales. It takes into account millions of data-points about
customer buying behavior from millions of online shoppers to calculate the purchase propensity and
abandonment potential of each visit. After an important factor in turkmenistan ejbe, i. Sales
promotion includes several promotional techniques, excluding public relations, personal selling and
advertising. Over the years, the function of the agencies has changed. Set key results that will help
you reach the overall objectives of your sales promotion strategy. Through literature see chapter
explored theoretical review on consumer car. Internal Marketing And Organizational Behavior Essay
Words 9 Pages Customer service is the most important part of a hotel based organization, it also
forms the most competitive advantage and a critical element in internal marketing. A research project
report on comparative study of vishal megamart and its com. It gives an idea analytical how
consumer select, purchase and use product and service to satisfy their needs and desires.
Communicate your sales promotions on the following components of your customer’s onsite
experience. Have you ever been to an electronics store or a furniture store and felt like the
salesperson was pushing one particular television or one particular mattress. What gets measured gets
managed!These metrics won’t necessarily make their way into your strategy’s objectives or key
results, but they’ll be important to track, as they’re a piece of the puzzle.Here’s an example from a
customer’s Intent-Based Promotions dashboard of campaign-level metrics. By this changing
landscape consumers are affected to a large extent by theses swift changes. One of the most evident
reasons for sales promotions’. The editors will have a look at it as soon as possible. Discounting,
Journalof Marketing Research,28(2): 160-174. Reading: The IMF and the World Bank: How Do
They Differ? 95. Outcome: Challenges in Human Resource Management 193. Prior work The paper
is trying to build on the current body of knowledge in the field of E- Marketing by preparing a
complete archive of the past publications in the field of E- Marketing from 2003 to 2010. Thank you,
for helping us keep this platform clean. Taylor S., Celuch K., and Goodwin S., 2004. The importance
of brand equity to customer loyalty. Outcome: Appropriate Communication in Business 156.
AcroPDF - A Quality PDF Writer and PDF Converter to create PDF files. Rest assured, all data
collected by these cookies is aggregated and remains completely anonymous.
Literature Review Product Marketing In a common understanding there are two types of marketing
Service Marketing The hotels usually have both product and service marketing. This means that brand
new visitors won’t see steep discounts for products they’re just discovering, and your existing, loyal
customers won’t see your welcome coupon. You can get your sales promotion assignment help and
save yourself from the strenuous task of writing sales promotion assignments. Loyalty programs can
involve offering discounts, rewards, or exclusive access to new products or services. Customer
service is the most important part of a hotel based organization, it also forms the most competitive
advantage and a critical element in internal marketing. Literature review in service marketing
LITERATURE REVIEW to buy English First product and service. Social media and online media
may be immediate, but users must be careful about what they post and their privacy. Value This
paper will add to the body of knowledge by investigating and illustrating a survey and systematic
review of the published work in the field of E- Marketing. SILVER ADDY A Coastal Connection
Paul Brent Gallery. Reading: Introduction to Social Media Marketing 220. Reading: The
Organization Chart and Reporting Structure 109. By participating in these events, businesses can
demonstrate their expertise and establish themselves as industry leaders. There may be a small
compromise on the margin on products though (Pride and Ferrell). 2) Cents-off offers:- These offers
provide customers straight up discounts on regular prices to encourage sales. This technique can be
an incentive that entices customers to try new products rather than sticking to their routine buys.
Kotler, P.,2003. Marketing Insights fromA to Z: 80 ConceptsEvery Manager Needsto Know. So
organization should make customer consumer buying that requested as well as questionnaire. The
specific mix of advertising, personal selling, sales promotion and public relations a company uses to
pursue its advertising and marketing objectives. What are the methods used and challenges that are
faced during the project ma. Sales promotions often increase sales by providing incentives to
customers that may not be provided during the normal course of business. The perceptual process is
how a person decides what to pay attention to and how to interpret and remember different things,
including information in advertising. Uncontrollable events can affect a company’s promotions, too.
Core baseline applications: Acquisition Loyalty Retention Winback. Reading: Demands for Corporate
Social Responsibility 54. This technique can also be used for the existing product in every region to
broaden the consumer market. Over the years, the function of the agencies has changed. For
example, many smaller companies may lack the money to create and run commercials on top-rated
television shows or during the Super Bowl. Full description Save Save Research on Sales Promotion
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Page You are on page 1 of 4 Search inside document. Understand the process and advantages of
integrated marketing communications. Sales promotions targeted at retailers and wholesale are called
trade sales promotions. Co. By selecting a magazine, a television show, or even an elective class in
school, you’re selecting what you’re exposed to and deciding what gets your attention.
For example, many online merchants such as Shoe Station and Zappos offer free shipping and free
return shipping to encourage consumers to shop online. Referral programs can be used to increase
customer loyalty and attract new customers. AcroPDF - A Quality PDF Writer and PDF Converter to
create PDF files. Sales promotions targeted at the consumer are called consumer sales promotions.
These techniques include discounts, free samples, loyalty programs, and product bundling. This
technique can help businesses understand the benefits of your product or service before making a
purchase. Ensure these pages are truly optimized for a personalized customer experience, as cart
abandonment is a risk at this stage. Brand on branding on consumer buying analytical — making
process. This question is partially answered by anticipated sales and. Trade promotions include trade
shows and special incentives given to retailers to market particular products and services, such as
extra money, in-store displays, and prizes. AcroPDF - A Quality PDF Writer and PDF Converter to
create PDF files. The term salesperson covers a wide range of positions. A manufacturer promotes
its new product on television to consumers and places coupons in the newspaper inserts, hoping
consumers will demand the product. Force Activities Lead to Differentiation?, Journalof Marketing
Research,31(2): 159-172. Discover the most and least popular pages while understanding visitor
navigation. After an important factor in turkmenistan ejbe, i. Understanding the obstacles that
advertising messages face Understanding the choices facing marketing managers regarding
Promotional objectives. Bowen William F. Harrah College of Hotel Administration, University of
Nevada, Las Vegas, USA Explores development in market segmentation relating to hospitality and
tourism research published between and The literature is divided into three sections: segmenting a
market; market targeting and marketing positioning. Without them, some or all of the provided
services may not function optimally. The top-rated television shows and Super Bowl ad slots, for
example, often sell out quickly. The typical media that organizations utilize for advertising of course
include television, magazines, newspapers, the Internet, direct mail, and radio. This technique can
also be used to build customer loyalty by providing valuable content, responding to customer
inquiries, and addressing customer concerns. Their pull causes wholesalers and retailers to buy the
product to try to meet the demand. Today fashion industry is a rapidly growing industry in the
world. Mela, C., Gupta, S., and Lehman R., 1997. The Long-TermImpact of Promotion and
Advertising on. The “promotion mix” is the set of activities and media channels marketers use to
communicate about and promote a product. In order to analytical about female or male shopping
behavior some main aspects need to be clarified. It can help train dealers salesmen in product uses
and. Results The literature review covers many areas such as: E-business, E-marketplace, Electronic
Commerce, Electronic platforms, Mobile marketing and many other research areas. The budget
affects a promotion’s reach (number of people exposed to the message) and frequency (how often
people are exposed).
Check out Venngage for more colorful mind map templates. This technique can be used for both
new and existing customers. AcroPDF - A Quality PDF Writer and PDF Converter to create PDF
files. Submitted To: Academic Supervisor Dr. Indrapriya Kulratne Foad Morzourghi Submitted By:
Tariq Tanveer Mudh Table of Contents 1. By contrast, advertising is often relied upon to sell
convenience goods and products purchased routinely (low involvement) since customers are familiar
with the products and they spend relatively little time making purchase decisions. The Publisher’s
Clearing House Sweepstakes and the Monopoly Game at McDonald’s are both examples. Reading:
Graphical Tools: Gantt and PERT Charts 140. This is the reason that customer retention is a major
challenge in the bakery business. Media preferences have been researched extensively by academics,
marketing research companies, and companies to find out how consumers want to be reached.
Performance (A case Study of Sunshine Plastic Company), Journalof Emerging Trends in Economics.
AcroPDF - A Quality PDF Writer and PDF Converter to create PDF files. Through coupons,
customers are given the incentive to return to the bakery they once purchased items from. The risk is
that consumers may begin to expect coupons and not want to buy items without a special promotion.
Learn more about how Pressbooks supports open publishing practices. Many loyalty programs,
especially hotels and airlines, have partners to give consumers more ways to accumulate and use
miles and points. What is Marketing. Marketing Focuses on Exchange exchange Relationship
Marketing relationship marketing superior customer value mass customization lifetime value. She’s
browsing Facebook and sees some content about planning a baby’s first birthday party. Elements of
promotion Advertising strategies Other methods of promotion. When a consumer sees a special
display or can get a coupon instantly, manufacturers hope the sales promotion increases sales. The
best solution to do my sales promotion assignment for me is to seek Sales promotion assignment
service from experts of Sample Assignment. It’s important for the customer experience to be
consistent both off and onsite. This information can be used to improve customer satisfaction and
tailor products or services to better meet their needs. AcroPDF - A Quality PDF Writer and PDF
Converter to create PDF files. Putting It Together: Human Resource Management XIII. Canva
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Policy Terms of Services Copyright 2024 Venngage, Inc. Studying Competition:- An essential
determinant of the bakery’s success is to study the competition for products that exists in the vicinity.
Figure 3, “Examples of Sales Promotions,” below recaps the different types of sales promotions
designed for both consumers and businesses. Prior work The paper is trying to build on the current
body of knowledge in the field of E- Marketing by preparing a complete archive of the past
publications in the field of E- Marketing from 2003 to 2010. Srinivasan S. and Anderson R.,1998.
Concepts and strategy guidelinesfor designing value enhancing. Sales Promotion and Appropriate
Techniques:- Sales promotion is an activity, or any material, or both that is intended to entice sellers
to sell a product or customers to buy a specific product (Pride and Ferrell).