Volume XXXIV • Number 1 •Jan  2004

Socio, Cultural and Psychographic Dimensions of Advertising – A Conceptual Framework

Advertising is any paid form of non – personal presentation and promotion of ideas, goods, or services by an identified sponsor. The purpose of advertising is to bring the advertised and its features and uses to the notice of the consumers. It also serves a number of other allied objectives which include creation of image and goodwill of the firm, explaining the various uses of goods and services to the customers; enabling the producer to face competition, removal of doubts and reminding the users to buy the products/services and maintenance of scale demand.The purpose of this paper is to present a conceptual framework regarding socio, cultural, and psychographic dimensions of advertising.

Prof. R.Sudharshan
Chairman
Board of Studies in Commerce and Business Mgmt
Kakatiya University, Warangal
Andhra Pradesh

K.Arun Jyothi
Research Scholar
Department of Commerce & Business Mgmt
Kakatiya University, Warangal
Andhra Pradesh

A Study on Customers Awareness towards New Insurance Companies

Life Insurance is a contract for payment of a sum of money to the person assured (or failing him/her to the person entitled to receive the sum.) on the happening of the event insured against. Usually the contract provides for the payment of an account on the date of maturity or at specified dates at periodic intervals or at an unfortunate death, if it occurs earlier. Among other things, the contract also provides for the payment of premium periodically to the corporation by the assured. Life insurance is universally acknowledged to be an institution, which eliminates 'risk' It certainly substitutes for uncertainty and comes to the timely aid of the family in the unfortunate event of death of the breadwinner. By and large, life insurance is civilizations’ partial solution to the problems caused by death.

Dr.N.Raman
Reader
Department of International Business
S.N.R Sons College
Coimbatore,Tamil Nadu

Ms.C.Gayathri
Research Scholar
Department of International Business
S.N.R Sons College
Coimbatore,Tamil Nadu

Strategic Alliances: For Competition and Co-operation

For alliances to succeed, "You have to suppress the ego…. Its absolute poison in a joint venture"

Lord Weinstock, the Managing Director of General Electric Company (U.K)

The disadvantageous factors of acquisitions and mergers (A & Ms) have really broadened the scope of strategic alliance (SA). Factors like high cost Of acquisitions, the taken over problems of the acquired firm and the difficulties in integrating the acquired firm in the parent company's organizational set up are sometimes distracting.

Out of all the strategies (innovation, integration, RSD, ASM, SA) available, the scope of the present study is limited to SA only. The basic idea of choosing SA is that the same has emerged as the latest tool and has been becoming more popular in multinational business horizon.

Dr.Pratap Chandra Tripathy
Senior Lecturer
P.G Department of Business Administration
Sambalpur University,Orissa

A Study on Thrift and Credit Utilization Pattern of “Self Help Group”(SHG) in Lakshmi Vilas Bank Suriyampalayam Branch, Erode

Women constitute half the population of the world. But in many parts of the world, they seem to be underpowered. Relative to men, they are relegated to secondary position, be it in the household, society in general, and workplace or in governance. It is this perceived gender inequality and the urge to remove it and 'empower' women that have constituted the motive force for the formation of Self Help Groups (SHGs). Self Help Group can be defined as a 'Voluntary Association' of the poor with a common goal of social and economic empowerment. The purpose behind the formation of Self-Help Groups may be to pool in the resources of members to meet their needs. Groups should be homogenous and democratically functioning. The habit of thrift and contributing to common funds mobilized to mitigate the urgent needs of the members and ensuring prompt recovery is required for better functioning of (SHGs).

Dr.V.S Ganesamurthy
Reader in Economics
Sri Vasavi College
Erode,Tamil Nadu

S.Bhuvaneswari
Research Scholar
Sri Vasavi College
Erode,Tamil Nadu

Dr.M.K Radha Krishnan
Reader in Commerce
Sri Vasavi College
Erode,Tamil Nadu

A.Ganesan
Research Scholars
Sri Vasavi College
Erode, Tamil Nadu

Customer Focus in Banking Services

As the intense competition becomes a way of doing business, it is the customer who calls the shot in deciding the nature of products and services offered in the market. The customers are becoming demanding, dominant and selective. In fact, the perceptions and the expectations of the customers have undergone a sea change; with the availability of the banking services to the customers at their doorsteps through the help of technology. Now days, they have also become more immune to marketer's pressure1 This means That the advertising and marketing gimmicks will work only when they see real quality in the provision of services at the ground level. Marketing of banking services would imply creation and delivery of  customer satisfying services at a profit to the bank. IT is the mix of six P's- price, place, promotion, people and procedures.

A.P. Sebastian Titus
Lecturer
Department of Commerce
St.Joseph College
Tiruchirappalli
Tamil Nadu

Albin D.Robert Lawrence
Lecturer
Department of Commerce
St.Joseph College
Tiruchirappalli
Tamil Nadu

Buyer Behavior of Home Appliances with Special Reference to Microwave Products in Bangalore City

Electronics industry was in its nascent stage of development till the 1970s. Today, it is one of the fastest growing industries in the country. It has experienced a fast transformation towards the end of the century, which lead to the complete revolution in the Indian electronic sector. Microwaves have yet to make their felt in a big way in the country. All human beings are consumers from morning to evening. Everybody has to consume something whether it is purchased himself or by others. All buyers are consumers but all consumers are not buyers. Then who are the buyers and how they behave while purchasing a particular product is very important for marketers. Within the broad framework of marketing, buyer behavior is the most Interesting area and one is concerned with understanding why an individual buyer acts in certain buying related ways. All buyers are having differentia tastes, likes, and dislikes and adopt different behavior pattern while making buying decisions. Adam Smith stated that consumption is the sole end and purpose of all production Buying behavior may be defined as behavior exhibited by people in planning, purchasing and using economic goods and services. It is an Integral part of human behavior. Walter says buyer behavior is the process whereby individuals decide, what, when, where, how, and from whom to purchase goods and services.

Dr.G.Sudarsana Reddy
Assistant Professor
Department of Management
Acharya Institute of Management & Science
Bangalore

Ms.Rajarashmi P.S
 MBA Student
Acharya Institute of Mgmt & Science
Bangalore

Impact of Media Influence on Advertising Revenue – With Reference to Dainik Bhaskar and Nai Dunia

In the next Century, media will be no longer be measured in just space and time but in other dimensions: Exposer, Emotions in attitude, understanding and Environment".  Rupert Murdoch (1998).

Advertising involves some uncertainty and risk. Have you picked the right target markets? Do you really understand what your customer's want/ will the right people read the newspaper that carries your ads? Are your ads having any effect on the sales? Advertisers and their agencies face questions like these day after day.

Newspapers are a major force in advertising, especially among local retailers, national franchises, and a diverse group of advertisers seeking a regional or local audience. Newspapers are among the most creditable of the mass media, and they are a source of information, entertainment, and advertising for millions of households each day.

As advertisers increasingly include some regional and/or local strategy in their advertising plans, newspapers face growing competition in an area where they have long been dominant. In the most dramatic development (for newspapers, television passed newspapers in terms of overall advertising revenue to become the leading advertising medium.

At the same time while the newspapers are fighting a battle to gain a respectable share of the national advertising rupee: they face a growing competition from the media. Even classified advertising, longs for the profitable mainstay of the newspaper industry;  and is nervous over the potential for on-line services offering similar information.

A.K. Singh
Senior Lecturer
GSIMR
Indore, Madhya Pradesh

Mili Singh
 Lecturer
Prestige Institute of Management and Research
Indore, Madhya Pradesh

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