Preview

Article Review of Sales Promotion

Powerful Essays
Open Document
Open Document
1684 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Article Review of Sales Promotion
An Article Review on” Sales promotion- a missed opportunity for services marketers?”
Introduction
The research article which our group selected is available on International Journal of Service Industry Management, Vol 6 No.1.1995.pp.22-39.
The article is written by two authors, Ken Peattle, Cardiff Business School, Cardiff, Wales and Sue Peattle, University of Glamorgan Business School, Treforest, Wales.
The research paper is reviewed in two parts. The first part summarizes the overall contents of the research paper. The second part assesses the article based on different parameters.
PART I
SUMMERY OF THE ARTICLE
Objectives
The objectives of the study section expand the problem statement and describe in more detail the initiation of the study. Accordingly, the objectives of this study are summarized hear under.
General objective of the study
• To help redress the balance between the use of above-the-line mass media advertising and below-the-line sales promotion in the service industry.
Specific objective of the study
• To describe the nature and extent of competition usage as a marketing tool.
• To examine the use of competition as a sales promotion techniques in the service industry.
Literature review
The growth of sales promotion, service, sales promotion and competitions, competitions and consumer behavior and the consumer as a competitor are the sub topics that were reviewed in this section.
Regarding the growth of sales promotion; the definition of sales promotion and the reasons for the current intensification of sales promotion in UK are stated. The second sub topic converse (services, sales promotion and competition) the application of sales promotion specifically in the service industry and the factors to be considered in determining the suitability of value-increasing (e.g. price deals, coupon, refund offers etc.) or value-adding (e.g. free gift, competition and the like) sales promotions for service providers. Continuing with



References: 5 3 TOTAL POINT 100 69

You May Also Find These Documents Helpful

  • Good Essays

    Every firm’s marketers must develop an effective strategy for dealing with the competitive environment. A company may position its product or service with an eye towards its ability to sustain that position (Hooley and Greenley, 2005). The most direct competition occurs among marketers of similar products. The indirect competition involves products that can be easily substituted. One company may compete in a broad range of markets in many areas of the world. Another company may specialize in a particular market segment like geographic location, age, or income characteristics. Marketers must make product pricing, distribution, and promotional decisions that give the firm a competitive advantage in the marketplace. The overall health of the economy determines how much a consumer is willing to spend on a particular product.…

    • 769 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Review of the different methods of promotion looking at the advantages and disadvantages of each with an overall suggestion of the best ones for your chosen business…

    • 350 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Final Review

    • 962 Words
    • 4 Pages

    on tv, accessibility to broadcast media, limitations on length and number of commercials, internet services, special taxes that apply to advertising…

    • 962 Words
    • 4 Pages
    Good Essays
  • Good Essays

    UNIT 9 P1-P3

    • 4703 Words
    • 16 Pages

    Sales promotions are often aimed at the consumer. A sales promotion is for example a buy one-get one for free deal. Business’s use this kind of promotion to have a higher volume of sales, within a defined period of time. However, every sales promotion should be carefully costed by the marketing department, to ensure the investment has returned good sales and profit.…

    • 4703 Words
    • 16 Pages
    Good Essays
  • Satisfactory Essays

    marketing principles

    • 8471 Words
    • 34 Pages

    1) Of the following successful marketing strategies in the past, today 's Nike has learned that the most important is ________.…

    • 8471 Words
    • 34 Pages
    Satisfactory Essays
  • Powerful Essays

    Consumer Promotion

    • 4247 Words
    • 17 Pages

    A RELATIONAL STUDY ON CONSUMER PROMOTION, PRICE PERCEPTION, PRODUCT QUALITY PERCEPTION AND BRAND LOYALTY IN THE CONTEXT OF DETERGENT MARKETS IN BANGLADESH…

    • 4247 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    It is never doubted by academic circles and business environments that the strength of competitive analysis, if not the top, is one of the most important critical success factors in creating and managing marketing strategies. The way a business adapts to competitive environments, characteristic of its focus being self-centered, competitor-centered, customer-driven or market driven (Day and Nebugandi, 1994), will define its place in the complex marketing arena.…

    • 913 Words
    • 27 Pages
    Good Essays
  • Good Essays

    case 10

    • 462 Words
    • 3 Pages

    Write a 1-2 page paper answering the two questions (explain your answers) in the following case study: Promotional Novelties (below and on p. 549 in your textbook).…

    • 462 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Answer:In this chapter, the most interesting about services marketing is the growth of the service economy. In numerous countries, increased productivity and automation in agriculture and industry, combined with growing demand for both new and traditional services, have jointly resulted in a continuing increase over time in the percentage of the labor force that is employed in service. In recent years, the development of technology, especially IT and telecommunication, has became more crucial in services. The opening up of the service economy means that there will be greater competition. In turn, more competition will stimula innovation, not least through the application of new and improved technologies.…

    • 1283 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Bba Paper 1 Smester

    • 1377 Words
    • 6 Pages

    Q.1 What are the essential differences between Sales Promotion & Advertising? What are their relative advantages and disadvantages? [10 Marks]…

    • 1377 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Sales Promotion

    • 1636 Words
    • 7 Pages

    In a competitive market, where the competition has a major share, it becomes important for the company to generate loyalty among the outlets for its own products and also to increase its presence among the outlets who stock solely the competitor's products. The main period for sales of beverages is from the beginning of March to the end of May. This is the period during which the retailers are willing to stock fast moving products such as beverages. Therefore the retailers can be targeted to stock the company products by a sales promotion program. The program will also function as a vehicle for market penetration.…

    • 1636 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Sales promotion refers to the provision of incentives to customers or to the distribution channel to stimulate demand for a product.…

    • 449 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Basically, promotion is first introduced in the 4Ps of marketing. The four Ps represents the marketing mix (Product, Price, Place & Promotion) and the promotional mix is the important term used to explain the set of tools of the business. This is applied to achieve benefit of its products and services from its consumer and the followings are (Advertising, Public relation, Direct marketing, Personal selling and Sales promotion). Basically sales promotions strategies used as a short-term technique tool which principal objective is to influence the ultimate buyers to try a brand or change their mind to another brand. Does consumption respond to promotion? Many studies have focused on the effects of promotion on brand switching, purchase quantity, and stockpiling and have documented that promotion makes consumers switch brands and purchase earlier or more. The consumers‘ consumption decision has long been ignored, and it remains unclear how promotion affects consumption (Blattberg et al. 1995) Wansink and Deshpande (1994) show that when the product is perceived as widely substitutable, consumers will consume more of it in place of its close substitutes. They also show that higher perishability increases consumption rates. Throughout the world, consumer sales promotions are an integral part of the marketing mix for many consumer products. Marketing managers use price-oriented promotions such as coupons, rebates, and price discounts to increase sales and market share, entice trial, and encourage brand switching. Non-price promotions such as sweepstakes, frequent user clubs, and premiums add excitement and value to brands and may encourage brand loyalty (e.g., Aaker 1991; Shea, 1996). A large body of literature has examined consumer response to sales promotions, most notably coupons (e.g.. Sawyer and Dickson, 1984; Bawa and Shoemaker, 1987 and 1989; Gupta, 1988;…

    • 2987 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    HKJC College(HRM)

    • 799 Words
    • 4 Pages

    12 CC3118-Advertising & Promotion Week 13 Chapter Twelve Sales Promotions 12-1 12 1. 2. 3. 4. 5.…

    • 799 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Answer. Sales promotions are the set of marketing activities undertaken to boost sales of the product or service. Definition: Sales promotions are the set of marketing activities undertaken to boost sales of the product or service.…

    • 435 Words
    • 2 Pages
    Satisfactory Essays