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Effect of sales promotions on consumer buying behavior Prepared by: Rakesh Kumar Sharma (PGMF 09-17) Jaipuria Institute of Management

Effect of Sales Promotions on Consumer Buying Behavior

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Page 1: Effect of Sales Promotions on Consumer Buying Behavior

Effect of sales promotions on consumer buying behavior

Prepared by:Rakesh Kumar Sharma (PGMF 09-17)Jaipuria Institute of Management

Page 2: Effect of Sales Promotions on Consumer Buying Behavior

Content.

1Abstract 2Introduction 2.1Source of credibility 2.2Behavioural effect 2.3Consumer decision making process 2.4Decision factors for buying 3Scope of the study 4Management Problem 5Research Problem6Research Objective7Research methodology 8Questionnaire 9Finding & result 10Discussion 11Limitations of study 12Conclusion 13Suggestions & Recommendations 14Bibliographies 15Remarks

Page 3: Effect of Sales Promotions on Consumer Buying Behavior

INTRODUCTION ABOUT THE TOPIC

Effect of sales promotions on customer buying behavior

Page 4: Effect of Sales Promotions on Consumer Buying Behavior

Sales promotion consists of a diverse collection of incentive tools, mostly short-term, designed to stimulate quicker and/or greater purchase of a particular product by consumers or the trade

Sales promotions emphasis the customer to get action

For increase the sales of a particular product Sales promotion is from of communication whose

purpose is to inform potential customers about the particular product

To push the product in the market

Page 5: Effect of Sales Promotions on Consumer Buying Behavior

Easy day market

Product have short life period –– They mark down the price of that product

To increase the sale of a particular product To increase the market share

Page 6: Effect of Sales Promotions on Consumer Buying Behavior

Communication done by “easyday market”

Different channel – News paper– Pamphlet– Announce the offer within the store

Page 7: Effect of Sales Promotions on Consumer Buying Behavior

– Promotion given by the vendor

– Promotion given by the easy day market

– Promotions given by the Bharti Retail Ltd.

– Promotion given by the companies like ponds, Lux, etc.

In the retail store like easy day market four type of sales promotions has

been done.

Page 8: Effect of Sales Promotions on Consumer Buying Behavior

Behavioral Effects

Improve the service provided by the Easy day market retail store

Creating awareness for the store Build up the morale of the store’s sales force. Facilitate sales by correcting false impressions,

misinformation and other obstacles. Communicating a special reason for buying NOW

(e.g., sale). Make a brand identity known and easily

recognizable.

Page 9: Effect of Sales Promotions on Consumer Buying Behavior

Consumer Decision-making process

Page 10: Effect of Sales Promotions on Consumer Buying Behavior

Objective

To analyze the effect of sales promotion on consumer buying behavior in easy day market

To major the effectiveness of sales promotion of easy day market

Page 11: Effect of Sales Promotions on Consumer Buying Behavior

Methodology

Data Collection Techniques survey tool- questionnaire Questionnaire contains seventeen questions covering all the

important parameters involved. 200 questionnaires were filled by customers

Data Analysis To collate the data Ms Excel and SPSS software were used to

convert the primary data to give pictorial representation in form

of Bar and Pie Graphs

Page 12: Effect of Sales Promotions on Consumer Buying Behavior

Which store first comes to your mind when you think of purchasing a product?

RESPONSE NO OF RESPONDENTS

PERCENTAGE

Easy day market 48 24%

Big bazaar 96 48%

Vishal mega mart 41 20.5%

Others retailer 15 7.5%

Total 200 100%

48

96

41

15

200

020406080

100120140160180200

Responces

1

Name of the store

Frist store come in mind when purchasing product

Easy day

Big Bazzar

Vishal Mega Mart

Other

Tatal

Page 13: Effect of Sales Promotions on Consumer Buying Behavior

From where did you come to know about the “Easy day market”?

7656 48

20

200

0

50

100

150

200

Response

1

Source

Come to know about "Easy day market"

Friends/ Family

News paper

Banners

Other

Total

RESPONSE NO OF RESPONDENT

PERCENTAGE

Friends/ Family 76 38%

News paper 56 28%

Banners 48 24%

Other 20 10%

Total 200 100%

Page 14: Effect of Sales Promotions on Consumer Buying Behavior

How often do you visit “Easy day market”?

9278

228

200

0

50

100

150

200

Response

1

Time interval

Customer visit in Easy day market

Once in a month

Twice in a month

On a weekly basis

Once in two months

Total

RESPONSE NO OF RESPONDENTS

PERCENTAGE

Once in a month

92 46%

Twice in a month

78 39%

On a weekly basis

22 11%

Once in two months

8 4%

Total 200 100%

Page 15: Effect of Sales Promotions on Consumer Buying Behavior

Are you aware of promotional offers conducted by “Easy day market”?

145

55

200

0

50

100

150

200

No of responses

Yes No Total

Aware of promotiona offer

Series1

Response No of respondent

s

Percentage

Yes 145 72.5%

No 55 27.5%

Total 200 100%

Page 16: Effect of Sales Promotions on Consumer Buying Behavior

Do you think Easy day market” is a worth getting store in terms of

price and range of products they offer?

12

46

105

37

200

0

50

100

150

200

No of responses

1

Response

worth getting store in terms of price and range of products they offer

Never

Sometime

Often

Always

Total

RESPONSE NO OF RESPONDENTS

PERCENTAGE

Never 12 6%

Sometime 46 23%

Often 105 57.5%

Always 37 18.5%

Total 200 100%

Page 17: Effect of Sales Promotions on Consumer Buying Behavior

Please choose below the factor which attracted you most at the “Easy day market”.

102

18

4634

200

020406080

100120140160180200

No of responses

Offer Service Quality Availabilityof

products

Total

Attributes

factor which attracted customer most at the “Easy day market”.

Series1

Rates

No of respondents

percentage

Offer 102

51%

Service 18

9%

Quality 46

23%

Availability of products 34

17%

Total 200

100%

Page 18: Effect of Sales Promotions on Consumer Buying Behavior

Do you think the promotional activity of “Easy day market” gives you clear message?

154

46

200

0

50

100

150

200

No. of responses

Yes No Total

Response

Promotional offer give clear message

Series1

Response No of responde

nts

Percentage

Yes 154 77%

No 46 23%

Total 200 100%

Page 19: Effect of Sales Promotions on Consumer Buying Behavior

How will you rate “Easy day market” in terms of offers they come up with (buy one get one free, discounts given)?

24

86

5238

200

0

50

100

150

200

No of responses

1

Rate

Rate “Easy day market” in terms of offers they come up with (buy one get one free, discounts given)?

Excellent, comes up with lots ofoffers

Good, always have few goodoffers

Neutral

Needs to come up with moreoffers

Total

Rates

No of respondents

percentage

Excellent, comes up with lots of offers 24

12%

Good, always have few good offers 86

43%

Neutral 52

26%

Needs to come up with more offers 38

19%

Total 200

100%

Page 20: Effect of Sales Promotions on Consumer Buying Behavior

The promotional offer that “Easy day market” gives is always new.

27

54

82

37

200

0

50

100

150

200

No. of responses

1

Response

promotional offer that “Easy day market” gives is always new.

Never

Sometime

Often

Always

Total

RESPONSE NO OF RESPONDENTS

PERCENTAGE

Never 27 13.5%

Sometime 54 27%

Often 82 41%

Always 37 18.5%

Total 200 100%

Page 21: Effect of Sales Promotions on Consumer Buying Behavior

What make “Easy day market” distinguish from other retail store?

86

2242 50

200

0

50

100

150

200

No.of responses

1

Attributes

“Easy day market” distinguish from other retail store?

Product rages

Price

Product display

Promotional offer

Total

Rates No of respondents

percentage

Product rages 86

43%

Price 22

11%

Product display 42

21%

Promotional offer 50

25%

Total 200

100%

Page 22: Effect of Sales Promotions on Consumer Buying Behavior

Do you normally search for that products/buy those products that have some offer like buy one get one free etc?

2952

90

29

200

0

50

100

150

200

No. of responses

1

search for that products/buy those products that have some offer like buy one get one free etc?

Never

Sometime

Often

Always

Total

RESPONSE NO OF RESPONDENTS

PERCENTAGE

Never 29 14.5%

Sometime 52 26%

Often 90 45%

Always 29 14.5%

Total 200 100%

Page 23: Effect of Sales Promotions on Consumer Buying Behavior

Do you find the weekly special offers provided by “Easy day market” attractive enough –

29 2952

90

200

0

50

100

150

200

No of Responses

1

weekly special offers provided by “Easy day market” attractive enough –

Never

Sometime

Often

Always

Total

RESPONSE NO OF RESPONDENTS

PERCENTAGE

Never 29 14.5%

Sometime 29 26%

Often 52 45%

Always 90 14.5%

Total 200 100%

Page 24: Effect of Sales Promotions on Consumer Buying Behavior

When you see a promotional offer running in the “Easy day market”, do you buy more as compared to your shopping bill on normal days?

418 22

156

200

0

50

100

150

200

No. of responses

1

promotional offer running in the “Easy day market”, do customers buy more as compared to your shopping bill on

normal days?

Never

Sometime

Often

Always

Total

RESPONSE NO OF RESPONDENTS

PERCENTAGE

Never 4 2%

Sometime 18 9%

Often 22 11%

Always 156 78%

Total 200 100%

Page 25: Effect of Sales Promotions on Consumer Buying Behavior

Looking at the promotions of “Easy day market” does your purchase pattern changes

166

34

200

0

50

100

150

200

No. of Responses

Yes No Total

promotions of “Easy day market” changes the purchase pattern

Series1

Response No of respondent

s

Percentage

Yes 166 83%

No 34 17%

Total 200 100%

Page 26: Effect of Sales Promotions on Consumer Buying Behavior

What are the different products that you buy more when you see a promotional offer in the retail store?

76

42 4824

10

200

0

50

100

150

200

No. of responses

1

section item

Different products that customre buy more when they see a promotional offer in the retail store?

Grocery items

Apparel items

Electronic items

Home decoration items

Meat items

Tota

RESPONSE NO OF RESPONDENTS

PERCENTAGE

Grocery items 76 38%

Apparel items 42 21%

Electronic items

48 24%

Home decoration items

24 12%

Meat items 10 5%

Tota 200 100%

Page 27: Effect of Sales Promotions on Consumer Buying Behavior

In which section you want that “Easy day market” give more

offer

48 5264

2412

200

020406080

100120140160180200

No. of responses

1

sections

section customer want that “Easy day market” give more offer

Grocery

Apparel

Electronic

Home decoration

Meat

Tota

RESPONSE NOOF RESPOND

ENTS

PERCENTAGE

Grocery 48 24%

Apparel 52 26%

Electronic 64 32%

Home decoration

24 12%

Meat 12 6%

Tota 200 100%

Page 28: Effect of Sales Promotions on Consumer Buying Behavior

How will you rate your overall shopping experience in the store?

1436

96

44

10

200

020406080

100120140160180200

No. of responses

Poor Average Good Verygood

Excellent Total

Customer rating the overall shopping experience in the store?

Series1

Rates No of respondents

percentage

Poor 14

7%

Average 36

18%

Good 96

48%

Very good 44

22%

Excellent 10

5%

Total 200

100%