A study on advertising and promotions of Wheelock Place.

Due to the rise of five new malls that significantly chips at the overlapping share of the consumer segments, Wheelock Place now faces an increasingly competitive environment and tenant revenue start to fall. Wheelock Place, in the face of the lack of A&P funds, has to actively source for a way...

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Autors principals: Khang, Tat Chung., Chew, Xiu Yun., Otgonbayar, Uyanga.
Altres autors: Nanyang Business School
Format: Final Year Project (FYP)
Idioma:English
Publicat: 2012
Matèries:
Accés en línia:http://hdl.handle.net/10356/48087
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author Khang, Tat Chung.
Chew, Xiu Yun.
Otgonbayar, Uyanga.
author2 Nanyang Business School
author_facet Nanyang Business School
Khang, Tat Chung.
Chew, Xiu Yun.
Otgonbayar, Uyanga.
author_sort Khang, Tat Chung.
collection NTU
description Due to the rise of five new malls that significantly chips at the overlapping share of the consumer segments, Wheelock Place now faces an increasingly competitive environment and tenant revenue start to fall. Wheelock Place, in the face of the lack of A&P funds, has to actively source for a way to improve consumer inflow and spending. However, the various types of marketing communication tools used in the retail industry have been at saturation levels as consumers are bombarded with different concepts and catchphrases on a constant basis. Furthermore, the overhaul of the commuting structure has affected the ways by which consumers come to Wheelock Place. In the meantime, redemption programmes held by the mall’s management do not appear effective in attracting nor retaining consumers. To address these issues, the perspectives of the management, tenants, and consumers are investigated and considered in order to develop a suitable solution. The investigation is carried out through a series of interviews with the management and the tenants, as well as consumer questionnaires. The results are then analysed to form identifiable trends/segments, namely Loyalists, High-spenders and No-income, which exhibit different characteristics which would prove beneficial to both Wheelock Place and tenants in terms of A&P resource allocation and the tailoring of their respective marketing programmes.
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spelling ntu-10356/480872023-05-19T06:16:14Z A study on advertising and promotions of Wheelock Place. Khang, Tat Chung. Chew, Xiu Yun. Otgonbayar, Uyanga. Nanyang Business School Wheelock Properties Dixon Ho Hillbun DRNTU::Business::Advertising DRNTU::Business::Marketing Due to the rise of five new malls that significantly chips at the overlapping share of the consumer segments, Wheelock Place now faces an increasingly competitive environment and tenant revenue start to fall. Wheelock Place, in the face of the lack of A&P funds, has to actively source for a way to improve consumer inflow and spending. However, the various types of marketing communication tools used in the retail industry have been at saturation levels as consumers are bombarded with different concepts and catchphrases on a constant basis. Furthermore, the overhaul of the commuting structure has affected the ways by which consumers come to Wheelock Place. In the meantime, redemption programmes held by the mall’s management do not appear effective in attracting nor retaining consumers. To address these issues, the perspectives of the management, tenants, and consumers are investigated and considered in order to develop a suitable solution. The investigation is carried out through a series of interviews with the management and the tenants, as well as consumer questionnaires. The results are then analysed to form identifiable trends/segments, namely Loyalists, High-spenders and No-income, which exhibit different characteristics which would prove beneficial to both Wheelock Place and tenants in terms of A&P resource allocation and the tailoring of their respective marketing programmes. BUSINESS 2012-03-15T07:28:04Z 2012-03-15T07:28:04Z 2012 2012 Final Year Project (FYP) http://hdl.handle.net/10356/48087 en Nanyang Technological University 110 p. application/pdf
spellingShingle DRNTU::Business::Advertising
DRNTU::Business::Marketing
Khang, Tat Chung.
Chew, Xiu Yun.
Otgonbayar, Uyanga.
A study on advertising and promotions of Wheelock Place.
title A study on advertising and promotions of Wheelock Place.
title_full A study on advertising and promotions of Wheelock Place.
title_fullStr A study on advertising and promotions of Wheelock Place.
title_full_unstemmed A study on advertising and promotions of Wheelock Place.
title_short A study on advertising and promotions of Wheelock Place.
title_sort study on advertising and promotions of wheelock place
topic DRNTU::Business::Advertising
DRNTU::Business::Marketing
url http://hdl.handle.net/10356/48087
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