Innovative sales promotion techniques among Hong Kong advertisers - a content analysis
Kim‐Shyan Fam, Lin Yang, Geoffrey Harvey Tanakinjal
Abstract
Kim‐Shyan Fam, Lin Yang, Geoffrey Harvey Tanakinjal
Abstract
Sales promotions can be seen as a service that provides encouragement to purchase a product or service by changingthe perceived value-for-money equation. In the past decade manufacturers and retailers have been gradually switchingfrom above the line mass media advertising to a variety of below the line sales promotions. Although sales promotionstake up a very large share of total marketing expenditure, they remain an area which has less strategic consideration orattention than any other aspect of the promotion mix, especially in the international market arena. There is a scarcity ofliterature devoted to the use of sales promotion techniques within a particular Asian city over a period of time. Thisstudy focuses on the sales promotion techniques employed by advertisers in Hong Kong between 1995 and 2004, andspecifically examines the effectiveness of each sales promotion technique in terms of their popularity, size, day ofplacement and suitability for industries. Sales promotions can be seen as a service that provides encouragement to purchase a product or service by changingthe perceived value-for-money equation. In the past decade manufacturers and retailers have been gradually switchingfrom above the line mass media advertising to a variety of below the line sales promotions. Although sales promotionstake up a very large share of total marketing expenditure, they remain an area which has less strategic consideration orattention than any other aspect of the promotion mix, especially in the international market arena. There is a scarcity ofliterature devoted to the use of sales promotion techniques within a particular Asian city over a period of time. Thisstudy focuses on the sales promotion techniques employed by advertisers in Hong Kong between 1995 and 2004, andspecifically examines the effectiveness of each sales promotion technique in terms of their popularity, size, day ofplacement and suitability for industries.
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Sales promotions can be seen as a service that provides encouragement to purchase a product or service by changingthe perceived value-for-money equation. In the past decade manufacturers and retailers have been gradually switchingfrom above the line mass media advertising to a variety of below the line sales promotions. Although sales promotionstake up a very large share of total marketing expenditure, they remain an area which has less strategic consideration orattention than any other aspect of the promotion mix, especially in the international market arena. There is a scarcity ofliterature devoted to the use of sales promotion techniques within a particular Asian city over a period of time. Thisstudy focuses on the sales promotion techniques employed by advertisers in Hong Kong between 1995 and 2004, andspecifically examines the effectiveness of each sales promotion technique in terms of their popularity, size, day ofplacement and suitability for industries. Sales promotions can be seen as a service that provides encouragement to purchase a product or service by changingthe perceived value-for-money equation. In the past decade manufacturers and retailers have been gradually switchingfrom above the line mass media advertising to a variety of below the line sales promotions. Although sales promotionstake up a very large share of total marketing expenditure, they remain an area which has less strategic consideration orattention than any other aspect of the promotion mix, especially in the international market arena. There is a scarcity ofliterature devoted to the use of sales promotion techniques within a particular Asian city over a period of time. Thisstudy focuses on the sales promotion techniques employed by advertisers in Hong Kong between 1995 and 2004, andspecifically examines the effectiveness of each sales promotion technique in terms of their popularity, size, day ofplacement and suitability for industries.
Key concepts: Sales promotion, Promotion (chess), Marketing, Popularity, Business, Sales management, Scarcity, Advertising