Determination of an optimal level of spending on television advertising by the credit card industry in Singapore

Advertising is a tool that companies use to direct persuasive communications relating to its products, services, or the organization itself to target consumers with an aim to build brand preference. In the past, advertising has been viewed as a cost. Like other type of expenses, management has subje...

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Bibliographic Details
Main Authors: Lo, Hedrick Wing Keung, Tang, Yew Quan, Ng, Dennis Wee Han
Other Authors: Tan, Kok Hui
Format: Theses and Dissertations
Language:English
Published: 2009
Subjects:
Online Access:http://hdl.handle.net/10356/20189
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Institution: Nanyang Technological University
Language: English
Description
Summary:Advertising is a tool that companies use to direct persuasive communications relating to its products, services, or the organization itself to target consumers with an aim to build brand preference. In the past, advertising has been viewed as a cost. Like other type of expenses, management has subjected this function to the rigours of cost containment exercises. On the other hand, recent advertising research has advocated that advertising is an investment and as such there is a level of media spending that will maximise the return on investment.