Preview

Simulation of Sales Promotions Towards Buying Behavior Among University Students

Good Essays
Open Document
Open Document
5600 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Simulation of Sales Promotions Towards Buying Behavior Among University Students
Simulation of Sales Promotions towards Buying Behavior
Among University Students

Abstract
The purpose of this study was to examine the influence of sales promotion on buying behavior among university students. Specifically, Kongunadu Arts and Science College was chosen as study location. The research data was collected from 171 respondents. The data were collected using self-administrated questionnaires. This study found that there was no significant difference between gender and buying behavior (t = -1.003, p > 0.05). There were significant relationship between attitude towards price discounts (r = 0.372, p < 0.01), coupons (r = 0.270, p < 0.01), free samples (r = 0.256, p < 0.01) and "buy-one-get-one-free" (r = 0.338, p < 0.01) with buying behavior. Results of Hierarchical Multiple Regression found that of the four variables, price discount (ß = 0.256) was more influential that of buy-one-get-one free (ß = 0.183), coupon discounts (ß = 0.014) and free samples (ß = 0.040). The findings of this study would help marketers to understand the types of promotion that significantly influence buying behaviour of the respondents. Hence, this could help marketers in their marketing planning to become more competitive and gain profit.
Keywords: Sales promotion. Buying behavior. University students
1. Background of Study
Many purchase situations are so habitual that consumers conduct very little cognitive activity (Wathieu & Murre, 2007). In such cases, it is hard to motivate behaviors such as brand svwtching or increases in the number of units purchased. One of the advantages of promotions is that they can stimulate consumers to think and evaluate brands and purchase possibilities when they otherwise may not have. Therefore, many marketers and retailers utilize different kinds of promotion tools and strategies in order to understand the preference of consumers and boost their sales. Normally, sales may attract more customers spend their money,

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Macy's Case Study

    • 546 Words
    • 3 Pages

    The main intention of this program is to generate repeat purchases from customers. In addition, it allows the company to obtain information from clients with the purpose of using that information to send the customers promotions or coupons to generate more repeat purchases. Moreover, the program seeks to develop a need or want over time for its products and services after the consumer benefits from using the initial discounts and offers. So, the company tries to create a purchase behavior from the consumer by increasing purchasing the chances of repeat purchases from customers. As a result, the company expects for consumers to increase their purchasing behaviors toward the company without having to provide any reward, coupons, or promotional…

    • 546 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Swot Analysis Garretson

    • 875 Words
    • 4 Pages

    Garretson says that consumers who are highly dependent on coupons are interested in the economic benefits associated with the promotion technique; they are more price sensitive and value conscious. They are willing to spend extra time to avail the discount. They seek benefits beyond money saving and they also enjoy their shopping experience. The customers who are prone to coupons consider themselves as smart shoppers and are less sceptical about the market. These consumers are attracted to shopping activities and bargains which make them prone to coupons. Also they enjoy the emotional benefit while experiencing the in-store shopping. And the consumer enjoys the psychological pleasure derived from the discount coupons. (Garretson,…

    • 875 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Shu-Ling, L. (2011) The effects of sales promotions strategy, Products appeal and consumer traits on reminder impulse buying behavior. International Journal of Consumer Studies, Vol 35, (5). Pp. 601…

    • 2171 Words
    • 9 Pages
    Good Essays
  • Good Essays

    UNIT 9 P1-P3

    • 4703 Words
    • 16 Pages

    Sales promotions are often aimed at the consumer. A sales promotion is for example a buy one-get one for free deal. Business’s use this kind of promotion to have a higher volume of sales, within a defined period of time. However, every sales promotion should be carefully costed by the marketing department, to ensure the investment has returned good sales and profit.…

    • 4703 Words
    • 16 Pages
    Good Essays
  • Good Essays

    AcadX

    • 810 Words
    • 4 Pages

    • Eventually, customers make a purchase, use the product, and then decide whether the product satisfies their needs during the post purchase evaluation stage of the customer buying process. PPT 4-3 Types of Purchase Decisions Extended Problem Solving -High financial or Social Risk Limited Problem Solving -Some Prior Buying Experience Habitual Decision Making -Store Brand, Loyalty PPT 4-4 What Retailers Need to do for Customers Engaged in Extended Problem Solving Provide a Lot Information -Use Salespeople rather than advertising to communication with customers Reduce the Risks -Offer Guarantees -Return Privileges PPT 4-5 What Retailers Need to do for Customers to Engage in Habitual Decision Making It Depends…

    • 810 Words
    • 4 Pages
    Good Essays
  • Better Essays

    In an effort to continue commerce, consumerism and capitalism businesses must be strategic and creative in enticing consumers to purchase products and services. Today consumer is bombarded with whimsical and seductive ploys to get their attention and buying power. Through the use of various mediums seven consumer promotions can be employed to reach consumers. Coupons, Sampling, Bonus packs, Price-offs, Refunds and rebates, contests and sweepstakes and premiums have proven quite useful in soliciting business (Clow & Baack, 2012, p. 313). It is nearly impossible to not be affected by the lure of these gimmicks and the basic human need for staples and sundries begs any budget conscience person to examine which purchase and brand are most likely to benefit him or her best.…

    • 1225 Words
    • 5 Pages
    Better Essays
  • Best Essays

    In recent years, sales promotion tactics are extensively used to achieve different marketing targets. The aim of this project is to analyze the effectiveness of premiums promotion, limited-time discount and loyalty card promotion according to the marketing targets in the first three phases of product life cycle, which can help companies maximize the effects of sales promotion. The specific marketing targets in the first three stages of product life cycle are discussed and the effective sales promotion tactics are analyzed, based on a rich literature about sales promotion. The potential risks in the implementation process need to be taken into account and the possible solutions are proposed to help companies reduce the unnecessary losses. This may be of interest to marketers, which intend to enhance the competitiveness of companies.…

    • 3347 Words
    • 14 Pages
    Best Essays
  • Satisfactory Essays

    Promotion is one of the important marketing tools in today’s business. Sometimes a business’s success can be come through a effective promotional strategy. In fashion & clothing business, importance of an effective promotional strategy is tremendous. This research has been done on Hollister, an up going brand. Hollister is different from other for its promotional strategies. In store model and other promotional strategy made Hollister different from its competitors. Hollister is not doing promotion in traditional way but still number of customer is increasing in every year. In this research, the research tried to…

    • 18261 Words
    • 74 Pages
    Satisfactory Essays
  • Powerful Essays

    promotional mix

    • 1718 Words
    • 7 Pages

    The target group needs to be made aware of the existence and availability of the product through promotion. Successful promotion helps a firm to spread costs over a larger output.…

    • 1718 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    I hereby certify that the work which is being presented in the BMS Project Report entitled “THE SALES PROMOTION STRATERGY OF CADBURY”, in partial fulfillment of the requirements for the award of the Bachelor of Management Studies and submitted to University of Mumbai is an authentic record of my own work carried out in the academic year 2014-15 under the supervision of Prof. Punit D’Souza, Department of Management Studies.…

    • 12263 Words
    • 48 Pages
    Powerful Essays
  • Satisfactory Essays

    BUBUT NEW CV

    • 391 Words
    • 4 Pages

    To obtain a position in a reputable institution wherein my aptitudes as a Business Administration graduate can be utilized and enhanced towards professional growth and to maximize my training experience, program development skills, and teaching abilities.…

    • 391 Words
    • 4 Pages
    Satisfactory Essays
  • Better Essays

    Marketing Mix

    • 4697 Words
    • 19 Pages

    Promotion decisions are those related to communicating and selling to potential consumers. Since these costs can be large in proportion to the product price, a break-even analysis should be performed when making promotion decisions. It is useful to know the value of a customer in order to…

    • 4697 Words
    • 19 Pages
    Better Essays
  • Satisfactory Essays

    Marketing Aspect

    • 559 Words
    • 3 Pages

    The proponents will use some promotion strategies to persuade potential customers to purchase and patronize the product. Personal selling and sales promotions are used in order to encourage…

    • 559 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    After explaining they could explain consumer promotion as an offering for the consumers mainly like sales, discounts, coupons.…

    • 450 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Sales promotion is the offer of an incentive to induce a desired sales result (Gilbert, 1999)…

    • 5431 Words
    • 22 Pages
    Powerful Essays