Online from: 1989
Subject Area: Marketing
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|Title:||In-store marketing: a strategic perspective|
|Author(s):||Kim-Shyan Fam, (School of Marketing and International Business, Victoria University of Wellington, Wellington, New Zealand), Bill Merrilees, (Department of Marketing, Griffith University, Gold Coast, Australia), James E. Richard, (School of Marketing and International Business, Victoria University of Wellington, Wellington, New Zealand), Laszlo Jozsa, (Department of Marketing and Management, Szechenyi Istvan University, Gyor, Hungary), Yongqiang Li, (Department of Marketing, School of Business Administration, Southwestern University of Finance and Economics, Chengdu, China), Jayne Krisjanous, (Victoria University of Wellington, Wellington, New Zealand)|
|Citation:||Kim-Shyan Fam, Bill Merrilees, James E. Richard, Laszlo Jozsa, Yongqiang Li, Jayne Krisjanous, (2011) "In-store marketing: a strategic perspective", Asia Pacific Journal of Marketing and Logistics, Vol. 23 Iss: 2, pp.165 - 176|
|Keywords:||Marketing strategy, New Zealand, Prices, Retailers, Stores and supermarkets|
|Article type:||Research paper|
|DOI:||10.1108/13555851111120470 (Permanent URL)|
|Publisher:||Emerald Group Publishing Limited|
Purpose – The purpose of this paper is to examine two key dimensions of in-store marketing, namely in-store promotions and price markdowns. These seem to be the two most important aspects of in-store marketing, though other dimensions such as retail personal service are also worthy of study.
Design/methodology/approach – A sample of 287 New Zealand clothing and shoe retailers was studied. Survey questions included the perceived importance of in-store promotions and price markdowns. The aim was to explain these perceptions in terms of marketing strategies, threat of competition and environmental uncertainty.
Findings – The results indicate that a discount marketing strategy, environmental uncertainty and emphasis on price-promotions are key to explaining retailers' perceptions and use of specific in-store marketing activities. In addition, seven key marketing activities were found to distinguish high- and low-performance retailers with respect to in-store promotions.
Practical implications – The study has highlighted strategic aspects of in-store marketing, by focusing on two key components of in-store marketing, namely in-store promotion and price markdowns. The findings should provide much needed advice to retailers on the use of sales promotion tools in different environmental settings.
Originality/value – This paper should prove valuable to academic researchers and retailing managers (particularly to those in smaller countries), owner-operated retail outlets, and chain stores.
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