IMPACT OF SALES PROMOTION ON CONSUMER BEHAVIOR
The retail market in the Republic of Srpska is one of the fastest growing markets in the last twenty years. And, this is not the case only in the Republic of Srpska and the environment, but also around the world. If so, we are easily convinced by the growth of chains of markets, megamarkets, shoppin...
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Format: | Article |
Language: | English |
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University PIM Banja Luka
2019-05-01
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Series: | STED Journal |
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Online Access: | https://stedj-univerzitetpim.com/wp-content/uploads/2019/05/7STEDJ-1-19_stru%C4%8Dni-rad_E.pdf |
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author | Mladen Milić Aleksandar Gračanac |
author_facet | Mladen Milić Aleksandar Gračanac |
author_sort | Mladen Milić |
collection | DOAJ |
description | The retail market in the Republic of Srpska is one of the fastest growing markets in the last twenty years. And, this is not the case only in the Republic of Srpska and the environment, but also around the world. If so, we are easily convinced by the growth of chains of markets, megamarkets, shopping malls and other specialized retail outlets. It is much easier to achieve growth in the market, and thus business success than maintaining competitiveness in an extremely exploding and relatively well-supplied market, such as the retail market of the Republic of Srpska. One way of retaining competitiveness and simultaneous growth is to improve sales by selling various instruments to stimulate consumers to buy products from a wide range of their own offers.
The aim of this research is to determine how and how sales promotion affects consumers’ behavior in purchasing. The entire research is based on confirming hypotheses, and the results obtained can be used in further research and demonstrating how sales promotion instruments affect consumer behavior. |
first_indexed | 2024-03-08T07:42:11Z |
format | Article |
id | doaj.art-ae66b15174624964970d39b2229b11a1 |
institution | Directory Open Access Journal |
issn | 2637-2150 2637-2614 |
language | English |
last_indexed | 2024-03-08T07:42:11Z |
publishDate | 2019-05-01 |
publisher | University PIM Banja Luka |
record_format | Article |
series | STED Journal |
spelling | doaj.art-ae66b15174624964970d39b2229b11a12024-02-02T17:02:27ZengUniversity PIM Banja LukaSTED Journal2637-21502637-26142019-05-0111556410.7251/STED1901055MIMPACT OF SALES PROMOTION ON CONSUMER BEHAVIORMladen Milić0Aleksandar Gračanac1University PIM, Faculty of Economics, Banja Luka, Bosnia and HerzegovinaSerbian Chamber of Commerce, Belgrade, Serbia.The retail market in the Republic of Srpska is one of the fastest growing markets in the last twenty years. And, this is not the case only in the Republic of Srpska and the environment, but also around the world. If so, we are easily convinced by the growth of chains of markets, megamarkets, shopping malls and other specialized retail outlets. It is much easier to achieve growth in the market, and thus business success than maintaining competitiveness in an extremely exploding and relatively well-supplied market, such as the retail market of the Republic of Srpska. One way of retaining competitiveness and simultaneous growth is to improve sales by selling various instruments to stimulate consumers to buy products from a wide range of their own offers. The aim of this research is to determine how and how sales promotion affects consumers’ behavior in purchasing. The entire research is based on confirming hypotheses, and the results obtained can be used in further research and demonstrating how sales promotion instruments affect consumer behavior.https://stedj-univerzitetpim.com/wp-content/uploads/2019/05/7STEDJ-1-19_stru%C4%8Dni-rad_E.pdfsalesmarketmarketingcouponfree samplegiftdiscountconsumer behavior |
spellingShingle | Mladen Milić Aleksandar Gračanac IMPACT OF SALES PROMOTION ON CONSUMER BEHAVIOR STED Journal sales market marketing coupon free sample gift discount consumer behavior |
title | IMPACT OF SALES PROMOTION ON CONSUMER BEHAVIOR |
title_full | IMPACT OF SALES PROMOTION ON CONSUMER BEHAVIOR |
title_fullStr | IMPACT OF SALES PROMOTION ON CONSUMER BEHAVIOR |
title_full_unstemmed | IMPACT OF SALES PROMOTION ON CONSUMER BEHAVIOR |
title_short | IMPACT OF SALES PROMOTION ON CONSUMER BEHAVIOR |
title_sort | impact of sales promotion on consumer behavior |
topic | sales market marketing coupon free sample gift discount consumer behavior |
url | https://stedj-univerzitetpim.com/wp-content/uploads/2019/05/7STEDJ-1-19_stru%C4%8Dni-rad_E.pdf |
work_keys_str_mv | AT mladenmilic impactofsalespromotiononconsumerbehavior AT aleksandargracanac impactofsalespromotiononconsumerbehavior |