International Journal of Accounting & Finance in Asia Pasific
Vol 4, No 1 (2021): International Journal of Accounting & Finance in Asia Pasific (IJAFAP) February

Advertising Strategies of Hyundai Motors In Indian Market

L. Sudershan Reddy (CMS Business School)
Ranjith P V (CMS Business School)
Saili Sabnis (Vivekanand Education Society’s College of Arts, Science & Commerce)
Varsha Ganatra (Vivekanand Education Society’s College of Arts, Science & Commerce)
Kailash Shastry (CMS Business School)
Anastasya Elviona (University Ma Chung)
Liem Gai Sin (University Ma Chung)
Yaw Nee Chee (Universiti Sains Malaysia)
Daisy Mui Hung Kee (Universiti Sains Malaysia)
Chareeya A/P Perak Kerof (Universiti Sains Malaysia)
Wang Qianya (Universiti Sains Malaysia)
Wei Jiaze (Universiti Sains Malaysia)



Article Info

Publish Date
27 Feb 2021

Abstract

India’s leading passenger car exporter which is Hyundai Motors India Limited has a market share of India’s total car exports about 26 % in 2019. The term strategy is intended a lot for all business entities in today's competitive marketplace. When a company has a distinctive and distinct benefit, it must be inventive with its marketing strategy. Hyundai has introduced and embraced numerous strategies for securing the overall demand for brand placement. This study attempts to investigate traditional and digital advertising conducted by Hyundai Motors Company which will enhance the success of the company in terms of creating the brand and facilitating user engagement. Close-ended questionnaire is used to collect the data for this study. The data was collected from individuals with different income ranges in India through a non-probability purposive convenience sampling method. The result of this study showed that generation nowadays know more about the products through broadcast advertising such as TV and digital media rather than print media such as newspaper and magazine. Therefore, Hyundai Motors should invest more marketing strategy in broadcast and digital advertising.

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Journal Info

Abbrev

IJAFAP

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

IJAFAP aims to feature narrative, theoretical, and empirical-based research articles within the abovementioned fields. The journal welcomes articles relating to the current issues of financial decision making as well as its impact on society. IJAFAP carries out the mission to feature narrative, ...