impact of wednesday discount on big baazar sales
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TRANSCRIPT
Impact Of Wednesday Discount On Big
Bazaar Sales
Introduction• Perception is the process by which people
interpret and organize sensation, in order to attach meaning to it.
• Discount increases the sale of products and services .
• This approach is that it attracts attention–and has the potential to get prospects that ordinarily would not buy to try out your goods and services.
Statement of the Problem
• Many people are of the perception that discounts
will lead to increase of the sales.• Discount perception vs. reality.• Why do different types of discounts have different
impact on sale.• Why some goods are not affected by discounts.
Objectives Of The Study
Primary Objective:• To find out if sales has increased because of Wednesday discount.
Secondary Objective:• To analyse the factors that affect the buying pattern of Big
Bazar visitors• To find out which goods are not at all affected by the
Wednesday discount.• To compare the frequency of visit to Big Bazar whether is it
more on Wednesday• To find out the reasons behind high sales or low sales of
different products after giving discounts.
• Helps the marketers to know about the types of buyers and the factors each of these kinds of buyers consider while shopping in Big Bazaar.
• Helps the marketers to develop effective marketing strategies to convert potential customers into active customers, while retaining the existing customers.
• This study will also help to know which discount will influence which buyer for which product.
• It will also helps the marketers to develop effective discount strategies and increase the sales of all products.
Scope Of Study
Hypothesis
• Null Hypothesis:
“There is significant effect of Wednesday discount on the visitors’ buying behaviour.”
• Alternate Hypothesis:
“There is no significant effect of Wednesday discount on the visitors’ buying behaviour.”
Research Methodology
Collection of data:
• Primary data is collected by using descriptive and causal research method from visitors of Big Bazaar in Bangalore.
• Secondary data is obtained from the
internet, newspapers and magazines.
Nature of study
• Sampling method: Non-random (convenience sampling) method.
• Sampling unit: Sampling unit consists of people who visit Big
Bazaar in Bangalore.
• Sample size: 60
• Research instrument: Questionnaire
• Technique used: Chi-square
Secondary Data• 44% of the people do they clothing shopping in Big Bazaar.• 53% of the housewives do they their food items shopping in
Big Bazaar on Wednesday.• 62% of the people visit big bazaar due to low prices and
discounts.
Source:
Sunil Abhichandani Assistant Stores Karta
Table showing % of male, female respondents & also their age groups
45
55
Male Female
Gender Ratio
27
10
15
8
Age Ratio
Less than 20 21-30
31-40 41-50
More than 50
Table showing the age, Gender, & product
categoryDays/Items
Clothes
Food Items
Electronic Items
Gifts Others
M
F M
F M F M F M F
Less than 20
Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil
21-30 6 8 2 16 2 2 6 Nil Nil Nil
31-40 3 2 1 1 2 Nil Nil Nil 1 Nil
41-50 Nil 1 1 1 2 Nil Nil Nil Nil Nil
More than 50
Nil Nil 1 2 Nil Nil Nil Nil Nil Nil
Table showing the days, gender,& product
categoryAgeGender/Items
Clothes
Food Items
Electronic Items
Gifts Others
M
F M
F M F M F M F
Sunday 4 3 1 3 3 1 Nil Nil Nil Nil
Monday Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil
Tuesday Nil Nil Nil Nil Nil Nil Nil Nil 1 Nil
Wednesday
2 5 10 15 3 1 1 1 Nil Nil
Thursday
Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil
Friday Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil
Saturday
2 2 Nil 2 1 Nil Nil Nil Nil Nil
Strongly agree & agree
Neutral Strogly disagree & disagree
0
5
10
15
20
25
30
35
4038
8
14
Graph showing the respon-dents who will increase their
purchase with Increase in Wednesday discount
Number of respondents
Clothes Food Items Electronic Items
Gifts Others0
5
10
15
20
25
30
20
25
8
6
1
Graph showing the behavior of respondents with increase
in Wednesday Discount.
Number of respondents
Suggestions
• The discount strategy should have more of fixed percentage discount.
• Target housewives as the mostly visit Big Bazaar on Wednesday.
• Clothing discounts can be provided on weekends .
Limitations of the study
• Sample Size 60.• Have visited only 2 Big Bazaars• The study will be conducted assuming that the
respondents will provide true information.
Thank You...