Free gifts fail to impress
Article Abstract:
Refrigerator manufacturer Guangdong Kelon Electrical Holding reflects the declining financial status of the household appliances market in China. This was proven by a promotional strategy, wherein Guangdong offers cameras for every purchase of their products. The marketing technique shows how desperate it is to sell off its products. Industry and investment analysts attribute this industry-wide decline to overcapacity and stiff competition among its players. Moreover, the entry of non-refrigerator companies like Shanghai Sharp may even compound the bleak situation.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Malaysia cuts personal taxes, slashes import duties
Article Abstract:
Malaysia's prime minister and finance minister, Dr. Matathir Mohamad, is introducing a new national budget which provides personal tax cuts and decreases import duties in hopes of spurring consumption. A financial stimulus package of 13.11 billion ringgit, which is 39% of the total budget, is being allocated to infrastructure and development.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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In Malaysia, advertisers adopt direct mail to keep sales purring
Article Abstract:
Nestle Products's direct mail campaign to promote Friskies cat food in Malaysia posted an approximately 20% response rate. Other companies in Malaysia have begun spending more on direct marketing, also called "customer relationship management. "
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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