Saturday, December 8, 2012

Thesis: The Marketing Communication Strategy of Blue Bird Taxi... (Part 14)

To get a better understanding about this, please start reading from the first post of the series. 

THESIS: The Marketing Communication Strategy of Blue Bird Taxi To Maintain Market Leader Position After Using The Highest Tariff:
  • Introduction & Book Cover   : Part 1
  • Research Originality Statement and Acknowledgement   : Part 2
  • Abstract                                          : Part 3
  • Table of Contents                          : Part 4



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(Chapter II continued...)

The point-of-sale is the point in the buying cycle where the customer is physically in front of the product or service and is about to make decision whether to buy or pass by. In many consumer markets the consumer’s final decision to buy is often made inside the store, not outside. Merchandising techniques such as display and store design are therefore important communication tools that can guide a buyer towards making a purchase. (Smith, 2004:495-496)

According to Duncan (2002), merchandising is in store promotional materials, activities and messages to promote in store and create promotional ambiance. Point of purchase is described to stimulate consumer purchasing and dealer and sales-force effectiveness in the short-term, through temporary incentives and displays. (Duncan, 2002)

Word of mouth (WOM) is by far the most potent on a one-to-one basis of all the elements of the communication mix. No amount of advertising or expert selling could compete with a colleague or friend recommending or criticizing a particular product or service. People talk about organizations, their products, their services and their staff, whether it is a complaint, admiration or an endorsement. Other things that people discussed are marketing communications, including advertising campaigns, editorial stories, publicity stunts and special offers, which are discussed. Other devices and techniques that encourage WOM process are postcards, digital postcards, T-shirts, photographs, awards and certificates (issued to visitors, customers and enquirers) and the Internet through news groups, chat-rooms, discussion forums, and email chain letters. (Smith, 2004:590)

The Internet is an electronic medium based on broadcasting and publishing which facilitates two-way communication. (Berthon, Pitt & Watson: 1996) These exchanges are not physically face-to-face, nor time bound. Essentially the communication is through computers on networks, so that individuals and organizations can communicate directly with one another regardless of where they are or when they wish to communicate. (Berthon et al.,:1998) The online marketing communication tools of the internet are online advertising (banners, pop-ups, interstitials, e-mails, newspaper-like standardized ads, URLs, advertising in chat rooms), online personal selling, online sales promotion, online public relations, online direct marketing and web site.