Agency: Bates UK | Author: Martin Smith |
Silver award
Ocean Spray
The longerterm effects of advertising over promotions
Introduction
This paper examines advertising's role in the overall marketing mix and, in particular, in relation to price promotions. It gives a reallife test of marketing theory, versus actual marketing practice.
We will show how price promotions effectively delivered shortterm sales increases for Ocean Spray, while advertising generated longerterm revenue growth and therefore profitability. Both mechanics are a necessary part of any marketing director's arsenal. However, the means by which they work and the effects they have differ.
For Ocean Spray,...