Improving marketing promotions for FH International Academy Ltd.

Marketing promotion plays a very important role in the 4P's of marketing proposed by Kolter. In the context of marketing mix, promotion is defined as the way to inform potential customers of the availability of the products, its price and its place. A well-organized promotion is a guarantee and...

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Main Author: Jin, Keshu
Format: text
Language:English
Published: Animo Repository 2015
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Online Access:https://animorepository.dlsu.edu.ph/etd_masteral/5014
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Institution: De La Salle University
Language: English
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spelling oai:animorepository.dlsu.edu.ph:etd_masteral-118522024-05-24T05:04:13Z Improving marketing promotions for FH International Academy Ltd. Jin, Keshu Marketing promotion plays a very important role in the 4P's of marketing proposed by Kolter. In the context of marketing mix, promotion is defined as the way to inform potential customers of the availability of the products, its price and its place. A well-organized promotion is a guarantee and premise to attract a sufficient number of potential customers and let them be aware of your products or services. This will therefore generate sales. However, without marketing promotion or even the lack of it, none of your potential customers would know you exist even though you provide the best products or services in your industry. At FH International Academy Ltd., I realized that the company did not have a specialized marketing staff to do its promotions. In this regard, the company had low enrollment rate in the first month of operation. To address the issue, I have undertaken an action research on marketing promotions with the goal of being the top Chinese owned language training center in the Philippines helping non-English speaking individuals to conquer their language barriers. During the process of conducting the action research project in the company, I was able to increase the enrollment rate as well as the reputation of FH International Academy Ltd. through the diversity of marketing promotions by outsourcing marketing to a third party. I utilized the strategic outsourcing framework of Tipperary Partners (Brennan, 2009) as my conceptual framework and Lewin's Force Field Analysis as change management framework. This action research was carried out in collaboration with the CEO, me (the researcher) and the other employees in the organization and interested individuals related or not related to the business of the company. The outcome of this action research on improving marketing promotions reached to 30.41% and 46.11% increase in revenue right after the first and second months of intervention respectively. 2015-01-01T08:00:00Z text https://animorepository.dlsu.edu.ph/etd_masteral/5014 Master's Theses English Animo Repository Marketing Marketing
institution De La Salle University
building De La Salle University Library
continent Asia
country Philippines
Philippines
content_provider De La Salle University Library
collection DLSU Institutional Repository
language English
topic Marketing
Marketing
spellingShingle Marketing
Marketing
Jin, Keshu
Improving marketing promotions for FH International Academy Ltd.
description Marketing promotion plays a very important role in the 4P's of marketing proposed by Kolter. In the context of marketing mix, promotion is defined as the way to inform potential customers of the availability of the products, its price and its place. A well-organized promotion is a guarantee and premise to attract a sufficient number of potential customers and let them be aware of your products or services. This will therefore generate sales. However, without marketing promotion or even the lack of it, none of your potential customers would know you exist even though you provide the best products or services in your industry. At FH International Academy Ltd., I realized that the company did not have a specialized marketing staff to do its promotions. In this regard, the company had low enrollment rate in the first month of operation. To address the issue, I have undertaken an action research on marketing promotions with the goal of being the top Chinese owned language training center in the Philippines helping non-English speaking individuals to conquer their language barriers. During the process of conducting the action research project in the company, I was able to increase the enrollment rate as well as the reputation of FH International Academy Ltd. through the diversity of marketing promotions by outsourcing marketing to a third party. I utilized the strategic outsourcing framework of Tipperary Partners (Brennan, 2009) as my conceptual framework and Lewin's Force Field Analysis as change management framework. This action research was carried out in collaboration with the CEO, me (the researcher) and the other employees in the organization and interested individuals related or not related to the business of the company. The outcome of this action research on improving marketing promotions reached to 30.41% and 46.11% increase in revenue right after the first and second months of intervention respectively.
format text
author Jin, Keshu
author_facet Jin, Keshu
author_sort Jin, Keshu
title Improving marketing promotions for FH International Academy Ltd.
title_short Improving marketing promotions for FH International Academy Ltd.
title_full Improving marketing promotions for FH International Academy Ltd.
title_fullStr Improving marketing promotions for FH International Academy Ltd.
title_full_unstemmed Improving marketing promotions for FH International Academy Ltd.
title_sort improving marketing promotions for fh international academy ltd.
publisher Animo Repository
publishDate 2015
url https://animorepository.dlsu.edu.ph/etd_masteral/5014
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