Strategic Thought Transformation - The IIPM Think Tank
Strategic Thought Transformation - The IIPM Think Tank
Strategic Thought Transformation - The IIPM Think Tank
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CONSUMER B E H A V I O U R<br />
Rank Score<br />
Table 7: Modified data for Delhi<br />
S1: Discount/<br />
Price Cut<br />
S2: Free Gift<br />
S3: BuyOne<br />
GetOne Free<br />
S4: Coupons<br />
10 90 20 20 10<br />
8 30 60 35 10<br />
6 10 50 45 10<br />
4 10 15 15 40<br />
2 5 5 15 30<br />
1 0 0 5 40<br />
0 5 0 15 10<br />
Mean Score 8.33 7.00 5.63 3.33<br />
SD 7.011 3.667 3.061 2.748<br />
domly selected with a ‘loose stratification’<br />
so as to take care of the heterogeneity of<br />
the populations. Each selected person<br />
was asked to rank the seven promotional<br />
schemes. <strong>The</strong> ranking in the above tables<br />
is in decreasing order of magnitude i.e. 1<br />
represents the top preference, 2 the next<br />
and 7 the least.<br />
5. Analysis of the data<br />
A look at the above tables leads to the following<br />
apparent conclusions:<br />
i) <strong>The</strong>re seems to be not much difference<br />
in the performance of various promotional<br />
schemes in the two cities.<br />
ii) ‘Discount/Price Cut’ is way ahead of<br />
the other schemes.<br />
iii) ‘Free Gift’ and ‘Buy One Get One Free’<br />
are far behind the ‘Discount/Price Cut’<br />
scheme, but it is difficult to choose between<br />
these two for the second spot.<br />
iv) ‘Coupons’ is a distant third, and the last<br />
three schemes really do not matter.<br />
In view of the above observations, we<br />
Table 8: Comparing Schemes<br />
Aligarh<br />
Schemes Compared t-value p-value<br />
S1 compared to S2 1.46 NS<br />
S1 compared to S3 3.435 < .001<br />
S2 compared to S3 2.329