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Asian Journal of Research in Business Economics and Management
Year : 2014, Volume : 4, Issue : 7
First page : ( 190) Last page : ( 196)
Online ISSN : 2249-7307.

Effectiveness of Expansion Advertising on Matured Products

Senthilnathan C. R.*, Dr. Maran K.**

*Associate Professor, Department of Management Studies, Sri Sairam Institute of Technology, Chennai, India

**Director, Sairam Institute of Management Studies, Sri Sairam Engineering College, Chennai, India

Online published on 5 July, 2014.

Abstract

Mature products require a different type of advertisement known as ‘Expansion advertisement’. These advertisement aims to increase the usage of the product. The study explore the complex Indian consumers’ buying pattern in case of a matured branded chocolate product. Literatures on this has indentified three main factors influencing the purchase behavior of matured products namely, Situational, functional and symbolic. These factors were tested in Chennai city for their influence. The results suggest that the symbolic factor has very little effect on pursuing the consumer to purchase, whereas the factors, functional and situational have more influence in making a purchase decision.

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Keywords

Expansion advertisement, chocolate, Loyalty.

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