THE IMPACT OF PROMOTIONS ON CONSUMER BEHAVIOR

Promotions are a fundamental strategy in marketing, having a significant impact on consumer behavior and purchasing decisions. This article examines how different types of promotions—including markdowns, special offers, loyalty campaigns, and seasonal promotions—influence consumer choices, drivi...

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Main Authors: STAN FLORIN ALEXANDRU, PANDURU ANDREI-DORIAN
Format: Article
Language:English
Published: Academica Brâncuşi 2024-12-01
Series:Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
Subjects:
Online Access:https://www.utgjiu.ro/revista/ec/pdf/2024-06,%20Volumul%20II/35_Stan.pdf
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author STAN FLORIN ALEXANDRU
PANDURU ANDREI-DORIAN
author_facet STAN FLORIN ALEXANDRU
PANDURU ANDREI-DORIAN
author_sort STAN FLORIN ALEXANDRU
collection DOAJ
description Promotions are a fundamental strategy in marketing, having a significant impact on consumer behavior and purchasing decisions. This article examines how different types of promotions—including markdowns, special offers, loyalty campaigns, and seasonal promotions—influence consumer choices, driving both impulse purchases and brand loyalty. We will explore the psychological reasons behind the attraction to promotions, such as the perceived value and sense of urgency generated by limited-time offers, and discuss the short- and long-term effects on purchasing behavior. In addition, the article will address the role of technology in promoting offers, highlighting how online and social media platforms facilitate consumers' access to information about promotions and their impact on purchase decisions. By integrating industry examples and case studies, we will emphasize the importance of promotions in marketing strategies and in building lasting relationships with consumers, thus demonstrating that promotions are essential not only for increasing sales, but also for maintaining relevance in an increasingly more competitive.
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institution Kabale University
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publishDate 2024-12-01
publisher Academica Brâncuşi
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series Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
spelling doaj-art-370ae974ecc74709844fbc6881ba69262025-01-03T16:07:59ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie1844-70072344-36852024-12-0126296300THE IMPACT OF PROMOTIONS ON CONSUMER BEHAVIOR STAN FLORIN ALEXANDRU 0PANDURU ANDREI-DORIAN1PHD STUDENT, BUCHAREST ACADEMY OF ECONOMIC STUDIES PHD STUDENT, BUCHAREST ACADEMY OF ECONOMIC STUDIES Promotions are a fundamental strategy in marketing, having a significant impact on consumer behavior and purchasing decisions. This article examines how different types of promotions—including markdowns, special offers, loyalty campaigns, and seasonal promotions—influence consumer choices, driving both impulse purchases and brand loyalty. We will explore the psychological reasons behind the attraction to promotions, such as the perceived value and sense of urgency generated by limited-time offers, and discuss the short- and long-term effects on purchasing behavior. In addition, the article will address the role of technology in promoting offers, highlighting how online and social media platforms facilitate consumers' access to information about promotions and their impact on purchase decisions. By integrating industry examples and case studies, we will emphasize the importance of promotions in marketing strategies and in building lasting relationships with consumers, thus demonstrating that promotions are essential not only for increasing sales, but also for maintaining relevance in an increasingly more competitive. https://www.utgjiu.ro/revista/ec/pdf/2024-06,%20Volumul%20II/35_Stan.pdfmarketing strategypurchasing decisionsoffersconsumer behaviour
spellingShingle STAN FLORIN ALEXANDRU
PANDURU ANDREI-DORIAN
THE IMPACT OF PROMOTIONS ON CONSUMER BEHAVIOR
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
marketing strategy
purchasing decisions
offers
consumer behaviour
title THE IMPACT OF PROMOTIONS ON CONSUMER BEHAVIOR
title_full THE IMPACT OF PROMOTIONS ON CONSUMER BEHAVIOR
title_fullStr THE IMPACT OF PROMOTIONS ON CONSUMER BEHAVIOR
title_full_unstemmed THE IMPACT OF PROMOTIONS ON CONSUMER BEHAVIOR
title_short THE IMPACT OF PROMOTIONS ON CONSUMER BEHAVIOR
title_sort impact of promotions on consumer behavior
topic marketing strategy
purchasing decisions
offers
consumer behaviour
url https://www.utgjiu.ro/revista/ec/pdf/2024-06,%20Volumul%20II/35_Stan.pdf
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