"Effectiveness of Marketing Communication Tools on Consumer Decision to take Credit Cards"
Purpose of this study is to investigate the effectiveness of different communications tools on consumer decision to take credit cards within the UK. Marketing communications tools are an important topic for contemporary marketing practice as these facilitates offering the right product to the right customer.
20,000 Words - 90 pages
89% Graded
1: Introducion
A Brief Overview of the Study
Background
Why credit cards?
Aim of the Study
Structure of the Project
2: Literature Review
A Definition of Marketing Communications
The Marketing Communications Tools
Advertising
Brand entertainment
Sales Promotions
Public Relations
Events and sponsorships
Direct Marketing
Direct mail
Telemarketing
The internet marketing
Personal Selling
Customer Decision Making
Consumers' Credit Card Problems and Exit Behaviours
What Boosts Card Usage?
"What's in It for Me?"
Targeting Credit Card Customers
Summary
3: Methodology
Research Philosophy & Approach
Research Philosophy
Research Approach
Research Design & Strategy
Sample size
Sampling technique
Primary data collection
The design of the questionnaire
Data Quality Issues
Reliability
Validity
Generalisability
Method of Analysis
Summary
4: Data Presentation and Analysis
Part 1 Demographic Characteristics
Age group
Annual Income
Annual income and gender comparison
Occupation
Number of credit cards that the respondents have
The comparison of the number of credit cards and annual income
Monthly credit card expenditure
The comparison of monthly credit card expenditure and Annual Income
The number of respondents who carry balances on their credit card
The comparison of gender and the respondents who carry balances on their credit cards:
Part 2: The Effectiveness of Marketing Communications Tools
What types of marketing communications tools do the respondents find that they respond most favourably to with refer to credit cards?
Which if any advertising tools have influenced the respondents in their choice of credit card?
Which if any direct marketing tools have influenced the respondents in their choice of credit card?
Have you ever used your credit cards for on-line purchases?
Have you ever checked your monthly bills of your credit card on the Internet?
Are you comfortable with your personal details being used for marketing purposes?
Are you comfortable with telemarketing?
Have you ever been subjected to personal selling techniques for credit cards e.g. in the bank, in store etc.?
If you have subjected to personal selling techniques for credit cards
How successful was it and why?
The awareness of the public relations tools used by credit card companies
The effectiveness of sales promotions tools on consumer decision to take credit cards
Part 3: What Boosts Card Usage?
The factors which influences customers' credit card preference
The credit card companies that the respondents most likely to take a card from
The kind of purchases that the respondents usually make through credit cards
The issues that the respondents feel are most focused on by credit card companies when communicating with them
Part 4: How Satisfied Are the Credit Card Consumers?
Are you happy with your credit card issuer?
Are you happy with their post-purchase behaviour?
Have you had cause to contact your credit card company with a complaint of any sort?
If so, was your problem or complaint quickly resolved to your satisfaction?
Would you be willing to change your credit card company if you have a better offer?
Summary
5: Conclusion
How Effective Are the Marketing Communications Tools?
What Boosts Card Usage?
How Satisfied Are the Credit Card Consumers?
Demographic Characteristics
Limitations of the Research
Further Research
Concluding Remark
Bibliography
References
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