How to write a brilliant essay
Tuesday, August 25, 2020
Commentary and Projections Auditing Accountability
Question: Talk about the Commentary and Projections Auditing Accountability. Answer: Presentation: The ebb and flow task means to give a top to bottom assessment of the gave article, Half a Defense of Positive Accounting Research. The article centers around positive bookkeeping in the more extensive feeling of an exploration program that expects to shape causal depictions of human conduct in the bookkeeping structure instead of benefit after expense in bookkeeping. Furthermore, the wide positivist research program has various lacks by and by. The most inalienable complexities establish of easygoing improvement of theoretical models to be endured, over the top reliance on the testing of theories and absence of consideration on the numerical estimations of the boundaries. So as to assess the benefits and faults of positive bookkeeping research, the analyst has assessed the more extensive scholarly venture with the suppositions of philosophy and epistemology. In this unique circumstance, Apostolou et al. (2016) commented that basic survey of positive bookkeeping would audit a few escape clauses, which limit the equivalent to make important commitments to the more extensive research venture. The task, along these lines, plans to give a concise review of the gave article. Additionally, the investigation would concentrate on recognizing the examination speculation alongside depiction of its worth and the technique through which it has spilled out of the writing audit. At long last, the hypothetical structure combined with the hugeness and downsides of the article have been quickly outlined. Synopsis of the article: The analyst, in the article, has endeavored to examine the positive methodology related with bookkeeping research. As remarked by Ballwieser et al. (2012), the bookkeeping examination of positive methodology is connected with the more extensive scholarly undertaking of logical research, which plans to investigate the reason impact connections. The inadequacies in the positive bookkeeping research have been exhibited by choosing certain illustrative papers, which chiefly incorporate the papers from the examining writing. It has been discovered that positive research is at present used in bookkeeping; be that as it may, it has certain escape clauses in achieving the logical objective in the wake of picking the illustrative papers to fit the reason for this examination. What's more, the depiction of Kuhn identified with ordinary science suits with the positive research of bookkeeping too. The possibilities are quickly expounded for a Kuhnian insurgency and emergency, which may achieve p ositive bookkeeping to achieve its latent capacity (Jones and Aiken 2015). The scientist has depicted Poppers basis to demonstrate that acceptance isn't adequate to quantify the exactness of a specific hypothesis. Likewise, the article has given a short audit of the adulteration of positive bookkeeping speculations. So as to portray the equivalent, four classes of portrayals have been laid forward, which incorporate blunder estimations, inner impacts, outer impacts and the wastefulness of the relativity hypothesis. Hence, the analyst has gathered that a particular hypothesis couldn't be recounted by perceptions; nonetheless, it could pick between at least two speculations. At the end of the day, the conclusive perceptions misrepresent incorrect speculations; be that as it may, it is innate just in the event of help of a contradicting hypothesis. Alongside this, the article has given an inside and out dismemberment of the shortcomings and rationale related with the factual theory testing. Be that as it may, it has been discovered that it has been a weaken adaptation of the rationale of Popper. This is on the grounds that each and every test out of 20 could be wrongly dismissed at the 5% level of importance. In addition, the specialized issue related with theory testing is the test measurement dissemination falling under invalid speculation, which depends chiefly on the valuable suppositions. Moreover, regardless of whether the specialized issue could be settled, there is high likelihood that theory testing would fall flat. This is inborn when just a solitary interchange speculation is considered without satisfactory and cautious detail. This is on the grounds that it may be steady with various bookkeeping hypotheses, which would give diverse quality of affiliation. Consequently, the scientist has understood the impassioned ne ed to build up a superior estimation system to experience thorough testing of the hypothetical models predominant in bookkeeping. Research question/speculation: The accompanying exploration theories have been set to look at the legitimacy of positive bookkeeping research: H0: There is presence of a universe, which is past the creative mind level of a person H1: The occasions on the planet have reasons, which structure a piece of the universe themselves H2: The ordinary people could acquire exceptionally dependable data about the worldwide occasions with the assistance of careful perception H3: The aim of the protected innovation is to use perceptions for increasing a worldwide comprehension of the universe, particularly causation So as to test the main theory, different occurrences of positive research in bookkeeping have been advanced. As indicated by Bedford and Ziegler (2016), the activity of judicious personal responsibility among parties connected with suggested or express agreements have brought about guessing the wonders of bookkeeping. For testing the subsequent speculation, the analyst has talked about logical epistemology and philosophy, which shows that the exploration of positive bookkeeping isn't indistinguishable as bookkeeping research. In this unique situation, Bromwich and Scapens (2016) upheld that occasions don't happen as irregular or the yield of mediation from outside the universe. So as to evaluate the third theory, the scientist has talked about adulteration and speculation testing to decide its legitimacy. In this manner, as indicated by the gave hypothesis, cautious perception is required through which starter thoughts could be created. As needs be, a conventional hypothesis could be created with testable expectations, which is steady with the current pertinent and trustworthy exact proof (Chatfield and Vangermeersch 2014).After that, the expectations of the new hypothesis could be tried as opposed to new perceptions in conditions, in which the old and new speculations make different expectations. Hence, the over two stages should be rehashed. For testing the last speculation, the various models are tried with explicit spotlight on estimation. In this specific situation, Colasse and Durand (2014) expressed that psychological models could be utilized to delineate causal systems happening known to man. In this way, the scientist has confined the speculations, which are enough streamed in the segment of writing audit. Hypothetical system: The accompanying hypothetical systems have been utilized in the article to meet the goals of the examination: Cases of positive research in bookkeeping: The activity of adjusted personal circumstance among parties is the result of the bookkeeping marvels through inferred or express agreements in different sorts of associations. These spread the bookkeeping decisions with respect to the authoritative chiefs, announcing and valuing choices with respect to the examiners, the choices of the controllers as far as standard setting and the expert advices of scholastics. As expressed by Crawford and Lepine (2013), it is important to decide the sort of data, which the speculator uses to settle on venture choices. This derives the conduct of the people is balanced; in any case, not in the sort of games that occur from the hypothesis of constructive bookkeeping (Smith 2014). What's more, after examination of a few bookkeeping inquires about, the bookkeeping settings have been assessed without cognizant conduct, similar to the technique through which review experts cause decisions and the manners by which directors to use attentiveness in the frameworks of execution assessment. Consequently, these examples serve to exhibit that the program of positive research is a lot more extensive contrasted with positive bookkeeping hypothesis (Deegan 2016). In this way, a particular research that means to increase an understanding of the nature and reasons for the bookkeeping wonders follows the logical research of bookkeeping. Logical epistemology and metaphysics: In the expressions of Dyckman and Zeff (2015), epistemology is a logical field, which plans to clarify the various methodologies accessible to increase a comprehension of the world. Cosmology, then again, tries to clarify the exercises and their relationship to respond to the inquiry. Right off the bat, the human office and the socially evolved nature of jobs, affiliations and practices portray that the social earth doesn't have a target means without the people, members and the exercises need not have any sane reasons (Uno and Bartelmus 2013). What's more, the earth couldn't be watched without the encounters of individuals and clarifications of the members (Gaffikin and Aitken 2014).Hence, due to such ontological and epistemological complexities, the plan to increase a comprehension of the reasons of bookkeeping marvels resembles a worthless exercise of flagellating a dead pony. Hence, the issue related with the positive research is the investigation of experience and significance, as it means to investigate reasons. The different research streams with various scope of goals could exist simultaneously. Another significant issue is identified with that of office. This is in such a case that the individuals have own will, their activities may bring about causes that are not passive to logical examination (Guthrie and Parker 2016). Consequently, it is conceivable to portray the general social patterns; in any case, a few bookkeepers and inspectors may will in general carry on in an alternate way. Accordingly, the social causes would not be distinguished in the goal world; in any case, in a better place. Requirements of a viable positive research program: From
Saturday, August 22, 2020
Employer Liability For Improper Computer and Internet Use By Employees Thesis
Boss Liability For Improper Computer and Internet Use By Employees - Thesis Example Part IV covers boss risk for criminal demonstrations of workers under the careless employing hypothesis. This piece of the paper talks about the idea of careless recruiting, proves boss insusceptibility and sees cases including obligation the web and the privilege to protection. Part v of the paper gives recommendations on the best way to decrease manager obligation and part VI is the end. PCs and the web have changed corporate practices. Internet based life devices, for example, Facebook, Twitter and Google+ permit associations to convey and campaign reactions from people in general in a snappy and moderate way. Associations additionally utilize web based life to draw in representatives and encourage profitability. This utilization goes past new innovative gear and improved interchanges. The upsides of the utilization of innovation in the work environment have likewise accompanied dangers to organizations. The dangers included incorporate the spillage of privately owned business data by representatives, the utilization of work offices for individual endeavors and the improper utilization of PC and web by workers. This utilization has expanded the potential for deceptive and illicit practices by representatives. Innovation has additionally made it easy to take part in dishonest exercises, for example, the robbery of private data about others and downloading improper su bstance from the web. These issues are extensive and organizations have created morals and preparing programs for its representatives to help with diminishing the event of unscrupulous activities.1 The utilization of PCs and the web in the work environment opens businesses to obligation for the activities of representatives. The ill-advised utilization of these offices offers ascend to activities in tort, which may hold the business subject. Such occurrences include holding managers at risk under the regulation of respondeat unrivaled for the activities of its
Sunday, July 26, 2020
The Truth About Snorting Drugs
The Truth About Snorting Drugs Addiction Drug Use Print Why Is Snorting Drugs Dangerous? By Elizabeth Hartney, BSc., MSc., MA, PhD Elizabeth Hartney, BSc, MSc, MA, PhD is a psychologist, professor, and Director of the Centre for Health Leadership and Research at Royal Roads University, Canada. Learn about our editorial policy Elizabeth Hartney, BSc., MSc., MA, PhD Medically reviewed by Medically reviewed by Daniel B. Block, MD on January 29, 2020 twitter linkedin Daniel B. Block, MD, is an award-winning, board-certified psychiatrist who operates a private practice in Pennsylvania. Learn about our Medical Review Board Daniel B. Block, MD on January 29, 2020 pashapixel / Getty Images More in Addiction Drug Use Cocaine Heroin Marijuana Meth Ecstasy/MDMA Hallucinogens Opioids Prescription Medications Alcohol Use Addictive Behaviors Nicotine Use Coping and Recovery Snorting is a means of using both recreational and prescription drugs. The drug is typically ground up into a powder by chopping it finely with a razor blade on a hard surface. It may then be divided into lines, and a straw or rolled paper may be used to inhale the drug up into the nasal passages. For some drugs, snorting is the preferred method for misuse, but the short- and long-term effects can lead to significant damage. Why Snorting Is Common With Drug Misuse People often snort because they achieve a faster onset of desired effects when compared to other methods of delivery, other than smoking, which is faster than snorting.?? When snorted, the drug is absorbed almost immediately into the bloodstream through the soft tissues in the nasal cavities. Depending on the individual and the drug being used, it can take as little as 5 to 10 minutes for the drug to be absorbed and start producing effects when taken this way. Snorting may also amplify the effects of the drug, as is often the case with extended-release prescription medication.?? Some people think that snorting prescription drugs is safer than snorting street drugs, but this simply isnt true. Prescription medications are formulated to be taken in a particular manner, often ingested orally, and to be released slowly. When taken properly, the medication is broken down in the stomach before it is absorbed into the bloodstream over time. By snorting, the full effect of the drug is released almost immediately, which can have serious consequences.?? The Dangers of Snorting Snorting drugs has a number of health consequences. You can damage your respiratory system, making it difficult for you to breathe normally. The nasal membranes are extremely delicate and can be easily damaged. As these get damaged, they stop functioning normally, inhibiting normal respiratory actions. Other side effects of snorting drugs include vomiting, constipation, shakiness, dizziness, and increased heart rate. Among the long-term health effects of snorting drugs are the loss of smell, nosebleeds, frequent runny nose, and problems with swallowing.?? The drugs themselves, regardless of how you ingest them, can also cause heart failure, coma, seizures, and even death.?? Snorting and Addiction One of the reasons people snort drugs is that it can enhance the drugs effects, but the strong high that results can make the drug significantly more dangerous to your health. Painkillers, particularly opioids, are among the most commonly misused medications, although cocaine, heroin, and other drugs are often snorted as well. Just like ingesting drugs in other ways, snorting drugs is also addictive. If you feel an intense need for the drug, regardless of whether its cocaine or a painkiller, or if you find that you need more to get the same effect, you are addicted to the drug.?? Drug Withdrawal and Addiction Recovery If you have snorted drugs and have become reliant on them, quitting can be challenging.?? You may have difficulty sleeping, chills, shakes, soreness, or mood swings. While these withdrawal symptoms can be disconcerting, they should not discourage you from quitting. Misusing drugs can have significant mental, physical, financial, and legal ramifications. If someone you know is misusing drugs, its important that they understand the serious risks involved. You can help them find an addiction specialist or treatment facility to help them on their way to recovery. Specialists with experience in treating individuals whove snorted drugs can monitor the persons progress and offer emotional support during recovery. If you need assistance finding treatment, call the Substance Abuse and Mental Health Services Administrations (SAMHSA) National Helpline at 1-800-662-HELP (1-800-662-4357) or go to their treatment facility locator. These resources will help you to find information on hotlines, counseling services, and treatment options in your state.
Friday, May 22, 2020
Health Food Drinks - Free Essay Example
Sample details Pages: 24 Words: 7092 Downloads: 10 Date added: 2017/06/26 Category Food Essay Type Analytical essay Did you like this example? Health Food Drinks I. Problem definition 1.1 Background India, the worlds largest malt-based drinks market, accounts for 22% of the worlds retail volume sales. These drinks are traditionally consumed as milk substitutes and marketed as a nutritious drink, mainly consumed by the old, the young and the sick. Donââ¬â¢t waste time! Our writers will create an original "Health Food Drinks" essay for you Create order The Health food drinks category consists of white drinks and brown drinks. South and East India are large markets for these drinks, accounting for the largest proportion of all India sales. The total market is placed at about 90,000 ton and is estimated to be growing at about 4%. These Malt beverages, though, are still an urban phenomenon. White drinks account for almost two-thirds of the market. GSK Consumer Healthcare is the market leader in the white malt beverages category with a 60.7% overall market share. Heinzs Complan comes in second (in this segment, third overall) with a market share of 12-13%. Market leader GSK also owns other brands such as Boost, Maltova and Viva. Currently, brown drinks (which are cocoa-based) continue to grow at the expense of white drinks like Horlicks and Complan. The share of brown drinks has increased from about 32% to 35% over the last five years. Cadburys Bournvita is the leader in the brown drink segment with a market share of around 15 %. Other significant players are Nestlà ©s Milo and GCMMFs Nutramul. 1.2 Problem Statement The project had been undertaken with an objective to understand the customer behaviour in the ââ¬Å"Health Food Drink (HFD)â⬠product category. The objective of the study also included identifying the determinant purchase factors, the customer segments and the sources of information they rely on. The existing positioning of prominent brands and the perceptions among different segments were also covered under the study. The brand loyalty and switching were also studied. The brand personality was also studied as a part of the project. II. Literature review Nutrition In India After 4 years of age, a childs energy needs per kilogram of bodyweight are decreasing but the actual amount of energy (calories) required increases, as the child gets older. From 5 years to adolescence, there is a period of slow but steady growth. Dietary intakes of some children may be less than recommended for iron, calcium, vitamins A and D and vitamin C, although in most cases -as long as the energy and protein intakes are adequate and a variety of foods, including fruit and vegetables, are eaten- deficiencies are unlikely. Regular meals and healthy snacks that include carbohydrate -rich foods, fruits and vegetables, dairy products, lean meats, fish, poultry, eggs, legumes and nuts should contribute to proper growth and development without supplying excessive energy to the diet. Children need to drink plenty of fluids, especially if it is hot or they are physically active. Water is obviously a good source of liquid and supplies fluid without calories. Variety is important in childrens diets and other sources of fluid such as milk and milk drinks, fruit juices can also be chosen to provide needed fluids. In India, each State is practically equivalent to a country with its specific socio-economic level, different ethnic groups, food habits, health infrastructures and communication facilities. Thus, the nutritional status of the population shows significant variation between states since it results from a varying combination of factors. In the last 20 years, there has been an improvement in the nutritional status of the Indian population. This improvement results from not only changes in food intake but also socio-economic factors, increased availability of potable water, lower morbidity and improvement of health facilities. In children under five years of age, the marked improvement in nutritional status is shown by the reduction of the prevalence of underweight from 63%, in the 1975-79 period to 53% in the 1988-90 period. The under-five mort ality rate (U5MR), an important indicator of the socio-economic development, and health and nutritional status of a society, declined from 282% in 1962 to 115â⬠° in 1994. However, a multitude of infectious diseases such as respiratory and intestinal infections as well as malaria remain the main cause of death in children under five, with malnutrition being an aggravating factor. Measles, tetanus, typhoid and hepatitis are also frequent causes of death during infancy and childhood. In the last 20 years, there have been no significant changes in patterns of dietary intake. Cereals remain the staple food in India providing most of the energy intake. Since the seventies the consumption of foods like pulses, roots and tubers has fallen, while those of other foods like sugar, jaggery (unrefined brown sugar), fats and oils and green leafy vegetables have slightly increased. The average Indian diet remains largely deficient in green leafy vegetables, meat, and fish, milk and milk pro ducts. Moreover, it also remains deficient in some micronutrients such as vitamin A, iodine and iron. Adolescents who are undergoing rapid growth and development are one of the nutritionally vulnerable groups who have not received the attention they deserve. In under-nourished children rapid growth during adolescence may increase the severity of under-nutrition. Early marriage and pregnancy will perpetuate both maternal and child under-nutrition. At the other end of spectrum among the affluent segment of population, adolescent obesity is increasingly becoming a problem. Pre-school children constitute the most nutritionally vulnerable segment of the population and their nutritional status is considered to be a sensitive indicator of community health and nutrition. Over the last two decades there has been some improvement in energy intake and substantial reduction in moderate and severe under- nutrition in pre- school children India has enormous under-nutrition and over-nutriti on problems Asia has the largest number of malnourished children in the world. The Double Burden of Malnutrition in Asia was inspired by the massive challenge that this situation currently poses for Asia. It describes the main driving forces behind the groundswell of under-nutrition, while shedding light on the emerging double burden of co-existing underweight and overweight, and the linkages between these two different forms of malnutrition. There are two types of nutritional problems one is under-nutrition and another is over-nutrition. Emphasis should be given not only to food but also to care and health, the reason being that even if children in the age group of 0-2 years are able to get food, they may have mothers who do not have enough time to pay attention to their children. Similarly, if there is no health-guaranteeing environment, and children suffer from diarrhoeal diseases, no amount of food will help prevent malnutrition. Over-nutrition, on the other hand, mean s either too many calories or the wrong types of calories such as saturated fats or highly processed sugar that lead to obesity, vascular diseases, etc. Many developing countries have under-nutrition and those in Europe and North America have over- nutrition problems. There is this in-between category with countries like India that still have an enormous amount of under-nutrition and significant over-nutrition problems. In India, for instance, around 50 per cent of its children under the age of five are undernourished or malnourished. But in urban areas, the over-nutrition problem is shooting up, thanks to the change in lifestyle and food habits. As a result, health systems are under huge stress. When there is malnutrition, there is a higher level of lower birth rate. One in three babies born in India weigh significantly low because their mothers are undernourished. Some low-weight babies die and some survive and those who survive adapt to malnutrition and scarcity. That is, the biological adaptation is programmed to maximize every calorie the body gets. This adaptation that helped a malnourished baby survive suddenly turns out to be a mal-adaptation when the baby becomes an adult. The adult, who was malnourished in the past, gains extra weight even when he takes only normal amount of food because of the biological adaptation. Brand Loyalty Selling to brand loyal[1] customers is far less costly than converting new customers (Reichheld 1996, Rosenberg and Czepiel 1983)[i]. In addition, brand loyalty provides firms with tremendous competitive weapons. Brand loyal consumers are less price sensitive (Krishnamurthi and Raj 1991)[ii]. A strong consumer franchise gives manufacturers leverage with retailers (Aaker 1991) 1. And, loyalty reduces the sensitivity of consumers to marketplace offerings, which gives the firm time to respond to competitive moves (Aaker 1991) 1. In general, brand loyalty is a reflection of brand equity, which for many businesses is the largest single asset. Perhaps the most cited conceptual definition of brand loyalty comes from Jacoby and Chestnut (1978, p. 80)[iii]: ââ¬Å"The biased, behavioral response, expressed over time, by some decision-making unit, with respect to one or more alternative brands out of a set of such brands, and is a function of psychological (decision-making, evaluative) pr ocesses.â⬠Consistent with this definition are two broad categories of operational definitions. The first stresses the ââ¬Å"behavioral response, expressed over timeâ⬠ââ¬âtypically a series of purchases. As Day (1979) observed[iv], however, the major limitation of behavioral measures is the failure to identify motive and the resulting confusion between brand loyalty and other forms of repeat buying. The major alternative operational definition is based on consumer attitudes, preferences, and purchase intentions. These measures stress the cognitive ââ¬Å"bias,â⬠and the ââ¬Å"psychological (decision-making evaluative) processesâ⬠underlying loyalty. Health Related Expenses KSA TECHNOPAK has conceived an innovative product called Health Outlook 2003, which provides strategic insights to consumer shopping and buying behavior. Apart from the consumer insights, complete health profiling is also done for providing derived disease incidence and prevalence in the country. This Pan Indian research model provides large research depths by covering about 10,000 households across cities like Chandigarh, Delhi, Jaipur, Lucknow, Ludhiana, Calcutta, Patna, Bangalore, Chennai, Cochin, Hyderabad, Madurai, Ahmedabad, Indore, Mumbai, Nagpur, Pune and Surat. The rich respondent profile includes SEC A, B and C giving a good coverage for demographic types. Health Outlook shows that health enjoys about 9.4 per cent share of the wallet of Indian consumer and is on the rise for the last three years. This spend includes health supplements, health drinks, doctors and consultants fees, medicines, medical insurance, regular check ups etc. About 91 per cent of this was o ut-of-pocket expense and only 9 per cent came from employers and insurance. Analysis of the consumers drug purchase behaviour shows that 59 per cent use old prescriptions and 29 per cent use over-the-counter drugs, meaning 88 cent of the consumers indulged in self-medication. Consumer attitudes to health drinks are mainly influenced by quality attributes. Ethical factors are important in some cases, but they may be overstated. The relationships between consumers awareness of health drink, price and perceived quality of food were investigated by tests involving series of consumer panels and sensory evaluation. Sensory responses were also matched to instrumental analysis data. Results indicated that overall there was no relation between panelists views about health drinks and their sensory perceptions. Eighty percent of the panelists felt that organic products were too expensive, but would buy them if they were cheaper. However the study showed that most of the people would not be likely to change their preference once they had made a product choice based upon sensory attributes. This has important implications, indicating that not only price, but also sensory quality of health drink must be considered in order to maintain repeated purchases by most consumers. It is widely accepted that consumer acceptance of drinks is mainly determined by their sensory perception, while choice is strongly influenced by the perceived value for money. Ethical factors are important in some cases, but they may be overstated. Although comparisons between organic and conventional drinks have been reported for a range of attributes, measures of the quality of health drinks as perceived by consumers using objective sensory evaluation methods, or the relevance of any preconceptions in perception have not been studied. This study aimed to investigate the relationship of objective quality measurements including sensory attributes and consumer perception of organically and convention ally produced health drink products. About two thirds of the consumers that participated in the survey believed that health drink is good for the environment, and 55% thought that it is healthier. However there was some confusion relating to the use of pesticides and chemicals in that. Few consumers distinguished health drinks by appearance or taste. Buyers of health drinks were more likely to indicate that the appearance and taste are better, but environmental protection was still the dominant perceived benefit. Buyers who believe that health drink is better also think that it is expensive (p0.05). In this study, 80% of the consumers perceived health drinks to be too expensive (49% were non-buyers and 31% buyers) II. Approach to the problem Objective or theoretical framework The objective of this research is to identify the factors that influence a person into making a decision to buy a certain brand of malt-based health drink. As mentioned in the Literature Review, according to industry analysts, this category has grown only on promotions and for now, except for promotions, nothing seems to be working. Therefore, ideally, this research should be able to bring to the fore, certain other factors that could lead to a growth of this segment. At the very least, the research should corroborate the existing assumptions regarding the influencing factors. It should be in a position to verify that the steps various players are taking to stimulate volumes are in the right direction, and would eventually lead to an increase in market share. Research Questions I. What are the different ââ¬Å"Customer Segmentsâ⬠depending upon the preferences? II. What is the perception of people towards the leading brands of Health Food Drinks? III. What are different factors that influence the customer when He/She buys a Health Food Drink? IV. Who are the major Influencers in the purchase decision of Health Food Drinks? Identification of information needed After fixing the objective, we started an extensive reading on the topic. The very first question we needed to clear in our mind was: ââ¬Å"What does Health Food Drinks mean?â⬠Therefore we narrowed down to the malt-based Health drinks like Bournvita and Horlicks. The subsequent readings helped us understand the consumer patterns and perceived needs of the consumers from a health drink. Depending upon that, we listed down several factors that can influence a consumer in buying or not buying a health drink. The study on ââ¬Å"Consumer Behaviourâ⬠throws light on the prevalent consumer purchase influencers like Price, Nourishment, Palatability, and Packaging which are included in the purchase influence factors in the questionnaire The Literature on ââ¬Å"Indian Nourishmentâ⬠shows that the Indian consumer is getting more and more health conscious and thus there is huge potential for the health drinks in the Indian market. Nowadays there can be a numbe r of sources that influence a family in buying a Health Drink. These sources can be promotions, Doctors Advice, Peer Group talks ( word of mouth) and choice of the children themselves. Since the malt-based health-drink segment is broadly divided into 2 categories brown (cocoa-based) and white, therefore it was decided to study the leading brands available in both these categories. We visited retail outlets in different parts of South Delhi to determine the most popular brands. We have assumed that brands that are most visible and widely available are the most popular, as retailers would stock only those brands that invoke maximum sales All identified factors were discussed and screened by the research team. In this process, factors that did not convey much, did not sound authentic or did not differ much from other factors were eliminated. III. Research Design The methodology followed for analyzing the consumer behavior of health food drink customers. 3.1 Preliminary Investigation This phase involved preliminary investigation of the various factors which could possibly affect the consumers perception about the various brands and in turn influence the purchase decisions of the consumer. We primarily used three methods to identify the various factors. The Secondary data gathered was analyzed to understand the current scenario of the Health drinks segment. The analysis of the secondary data also helped us find different attributes which affect the health drinks segment. 3.2 Collection of Quantitative data Measurement and Scaling Procedures: Non-Comparative Rating scale is used in which respondents evaluate only one object at a time, and for this reason noncomparative scales are often referred to as monadic scales. Noncomparative techniques consist of continuous and itemized rating scales. We have used continuous rating scale in order to rate the choices for purchase considerations and the sources of purchase decisions. Questionnaire Design: This phase involved the design of the questionnaire on the basis of the potential factors identified as influencing the customer behavior. Research problems were listed and then the information needed was identified. The questions were then prepared in order to fulfill the information requirements as identified earlier. Survey: Different Survey methods were used for collection of data. The principle method used was Personal Interviewing of the respondents. In-Home interviews were conducted by us at various locations in Delhi. We also did Mall Intercept at popular markets like Sarojini Nagar and Malviya Nagar. Due to the shortage of time, we conducted a few telephonic interviews to maintain diversity in data. 3.3 Sampling Process Target Population: The target population is the collection of elements or objects that process the information sought by the researcher and about which inferences are to be made. Our target population involves the users, deciders and buyers of health food drinks. The users include the old and the young population. The deciders and the buyers mostly include the house wives who buy the product from the market. Sample Size: It denotes the number of elements to be included in the study. Due to time constraints the sample size chosen is very small. Sampling Technique: A mixture of quota and stratified method was used for sampling, with care being taken to get responses from customers of different age groups and different family sizes. iv. Fieldwork The survey was conducted keeping in mind the users and deciders of the health drinks. The survey was conducted in the Paschim Vihar and Ranibagh Areas of Delhi. We made several trips to the local market (Sarojini Nagar and Malviya N agar) and the nearby households to gather information from relevant people. V. Data Interpretation and Analysis 5.1 Data Analysis Plan This chapter shows how the information needed to answer the three key research questions have been extracted via the questionnaire. Q1 explicitly asked the respondents if a health drink is used in the family or by them. The questionnaire was not administered to the respondents that answered NO to this question. Such respondents have not been included in the sample size of 60 that has been mentioned. Q2 to Q6 of the questionnaire are used to get the general details about the respondent (age, educational qualification, annual income, family size and number of children in the family. Q4 explicitly asked the respondents about the size of the family and Q6 asked about the number of children in the respondents family. Q7 explicitly asks the brand preference of the respondent about the health drink. Q8 asks the respondents to rate the importance of the following purchase considerations on a scale of 1(Very unimportant) to 5 (Very Important): a) Nourishment b) Colour c ) Palatability d) Economy e) Shelf-presence f) Packaging g) Brand Image h) Promotions These attributes were decided after a thorough secondary data analysis. However some of these attributes might have similar effect on the consumer preference. Therefore we conduct a factor analysis to find out the factors to which one or more of the above variables belong. Q9 asks the respondents to rate the Sources of Information influencing the Purchase Decision. The following sources were considered: a) Advertisement b) Children c) Doctor d) Family e) Past experience f) Retailer g) Word of mouth The respondents were asked to rank the factors in order of importance. Q10 ask the respondents to score each of the brands on the various product attributes on a scale of 1 5. Five major selling brands were tested on the various product attributes mentioned. The brands included in the test were: a) Boost b) Bournvita c) Complan d) Horlicks e) Milo Q11 and Q12 are used to determine the brand loyalty of the respondent towards the health drink, thus asking the switching pattern of the users. Q13 in the Questionnaire attempts to find the Brand Personality by asking customers the perceived traits of each of the leading brands of health drinks available in the market today. It is very important to realize that these are not the attributes that the drink claims to possess, via its advertisements and other promotional activities. For e.g. Boost in its campaign claims that ââ¬Å"Boost is the secret of my energyâ⬠, but rather the attributes the customer feels that the drink possesses. Therefore, if respondents identify spiritedness with Boost it would imply that Boost is successful in its marketing strategy. The responses to this question would also be important to other players in this segment, as they would realize that their promotions are not being effective and hence this would encourage them to redirect their marketing efforts. Apart from spiritedness, the other important traits have been identified as Modesty, Honesty, Cheerfulness, Boldness, Spiritedness, Reliability, Sophistication, Toughness, and Ruggedness. 5.2 Methodology Questionnaire Checking/Editing: The questionnaire is checked for completion and interviewing quality. Editing is the review of the questionnaire with the objective of increasing accuracy and precision. Collation of Data: The data is collated in the excel sheet and prepared for statistical analysis. An SPSS view of the data was also taken for further analysis. Choice of Statistical Analysis Techniques: T-statistic: A t-test was conducted on the results of the survey in order to compare the means of the ranks for the factors or sources of information to find out the most important influencing the purchasing decision. T-test was also conducted on the various product attributes for different brands. Anova: It is carried to study the variance of the f actors or product attributes that influence the most among the various demographic groups by conducting the one way Anova test on the scores of these 8 factors. Factor Analysis: The various variables that denote the product attributes that determine the purchasing decision can be actually factored using factor analysis. This factoring of the variables helps in easily studying the consumer behaviour. Cluster Analysis: The set of respondents was segmented on the basis of the demographic information namely ââ¬Ëage-group, ââ¬Ëincome-group, ââ¬Ëeducation, ââ¬Ëfamily size etc using cluster analysis so as to identify the distinct clusters depending upon these demographic factors. Multi Dimensional Scaling: This analysis was performed on the overall samples as well as on the 2 segments individually so as to gauge the difference in their perceptions. The selection process depends on the fact that it is conducted on the aggregate level data, i.e. that on the two clusters formed after cluster analysis. This is due to the fact that all market strategies are typically formulated at the segment or aggregate level. 5.3 Analysis and Interpretation Sources of Information influencing the Purchase Decision h) Advertisement i) Children j) Doctor k) Family l) Past experience m) Retailer n) Word of mouth The respondents were asked to rank the factors in order of importance. A t-test was conducted on the results of the survey in order to compare the means of the ranks for the factors. The results of the test are as shown in the Exhibit 1. We can say from the results that there is a significant difference between the ranks of the factors with a 95% confidence. The two most important factors that emerge out of the tests overall are the ââ¬Å"Family doctorâ⬠and the influence of the ââ¬Å"Familyâ⬠. This finding is an important implication for product placement. We can say that the health food drinks should appeal to the co mplete family rather than only a particular age group. Doctors can also be an important influencer or opinion leader and hence should be targeted in the product promotions. Some products have been promoting their products using comparative advertisements including testifications by the doctors. A second test can be conducted in the same manner taking only the cases where the people are having kids in the family. The results are shown in the Exhibit 2. We observe that the two most important factors differ from the first scenario. The two most important factors that emerge out of the test are ââ¬Å"Family Doctorâ⬠and ââ¬Å"Advertisementâ⬠. Thus it can be concluded that advertisements have an important influence on the families having kids or in turn the kids. This can be easily observed from the large number of advertisements directed towards the well being of kids. Product Attributes Influencing the Purchase Decision The following product attributes were identifie d as influencing the purchase decisions of the customers: a) Nourishment b) Colour c) Palatability d) Economy e) Shelf-presence f) Packaging g) Brand Image h) Promotions The respondents were asked to score the importance of the factors on a scale of 1 to 5, with 5 being the most important. A t-test was conducted on the scores of the factors in order to find the most important factors. The t-test shows there is a significant difference between the scores of the various factors with a 95% confidence. The results of the test are shown in Exhibit 3. We observe from the results that the two most important product attributes in making a purchase decision are the ââ¬Å"Palatabilityâ⬠and the ââ¬Å"Nourishmentâ⬠perception in the minds of the customers. These factors turn out to be the same irrespective of whether there are children in the family or not. We then study the variance of these factors among various demographic groups by conducting th e one way Anova test on the scores of these 8 factors. We studied the variance of the mean scores of these attributes among the various groups differentiated by the following factors:- a) Income b) Education c) Age d) Family size The results of the Anova tests which were conducted on the data are as shown in the Exhibits 4-7. We observe that there are no significant differences in the scores of the product attributes in different groups as classified by ââ¬Å"Incomeâ⬠, ââ¬Å"Educationâ⬠and ââ¬Å"Family sizeâ⬠within a 95% confidence interval. However there is a significant different on the ââ¬Å"Nourishmentâ⬠and ââ¬Å"Economyâ⬠product attributes of health food drinks. As is observed from the mean scores, the ââ¬Å"Nourishmentâ⬠aspect becomes particularly important for people above the age of 60. It is also important for people who are young in age i.e. less than 20. However it does not seem to be very significant for people i n the age group 33- 45. The factor analysis of these attributes is done in the following section. Factor Analysis of Purchase Considerations The factor analysis of the 8 product attributes yields the following 3 factors: à · Factor I: Promotion, Shelf-Presence, Packaging Economy * Factor II: Palatability, Brand * Factor III: Nourishment, Colour (For the output of factor analysis, refer to exhibit 8.) As factor I encompass the accessibility and affordability of the product, it can be termed as ââ¬ËPurchase Feasibility. As factor II encompass the palatability and brand value of the product, it can be termed as ââ¬ËLikeability. As factor III encompass the nutritional value and colour, an indicator of quality, of the product, it can be termed as ââ¬ËUtility. Customer Segmentation The set of respondents was segmented on the basis of the demographic information namely ââ¬Ëage-group, ââ¬Ëincome-group, ââ¬Ëeducation, ââ¬Ëfamily size etc . The cluster analysis on these demographic variables yields the following 2 clusters: * Cluster 1: The members are almost uniformly distributed across all age segments except under-20 in which no member lies. However, the family size is large than 3 for all the members and a majority of members having 1-2 child in the family. The cluster size is 27 respondents. * Cluster 2: All the members in this cluster are less than the age of 32 yrs, with the majority being less than 20 yrs. Around 90% of the members were either single or couple thus suggesting that the members were either students, or bachelor/newly-married young working professionals. The cluster size is 30 respondents. * As the consumption in cluster 2 would be lower than the large families comprising kids older persons because of less health concerns and preference for alternative beverages, the price sensitivity of cluster 2 would be low while cluster 1 is concerned about economy. (For output of cluster analys is, refer to Exhibit 9). Thus, cluster 1 could be termed as ââ¬Ëvalue-seekers while cluster 2 could be termed as ââ¬Ëquality-seekers. Different Brands on Product Attributes Five major selling brands were tested on the various product attributes mentioned. The brands included in the test were: f) Boost g) Bournvita h) Complan i) Horlicks j) Milo The respondents were asked to score each of the brands on the various product attributes on a scale of 1 5. T-test was conducted on the various product attributes for different brands. The results have been shown in Exhibit 11. The number of respondents who were consuming the various brands is as shown in the pie chart. As we can observe from the graph, Bournvita is found to be the leading brand closely followed by Horlicks, while the other brands do not have a large taking from our survey. The results of the various brands on different attributes are as follows: a) Nourishment: Horlicks scores well ab ove all the brands as far as the nourishment attribute of the product is concerned. The second brand surprisingly turns out to be Complan above Bournvita although there are not many takers for the brand in our survey. b) Colour: The two brands with highest main scores are again Bournvita and Horlicks. This means that the dark brown shining colour of Bournvita is the most liked. c) Palatability: Bournvita scores much higher than others going with the traditions of Cadburys tradition of taste. The second brand is Horlicks. d) Economy: Bournvita scores the highest on the economy aspect closely followed by Horlicks. This means that the price being offered for the product is perceived as being competitive in the health food drink market. e) Shelf presence: The mean score of this aspect of Horlicks is the best followed by Bournvita. This has to do with the distribution of the brands which appears to be the best for Horlicks f) Packaging: Horlicks and Bournvita score again a bove the rest of them on the packaging aspect perception. This may be due to the range of SKUs available and also with the different types of packaging containers like p g) Brand Image: The mean score for brand image is the highest for Bournvita followed by Horlicks. This means the advertising and image associations with Bournvita are very strong. h) Promotional schemes: Bournvita scores the highest on this aspect. The other closely following brand Horlicks seems to be lagging on this aspect. Boost on the other hand scores high on this attribute. Thus we can well say that the market leaders are the brands who are scoring high on all of the above attributes. Though the above analysis reveals the relative performance of the brands on different parameters, ââ¬Ëattribute-based Multi Dimensional Scaling (MDS) would indicate the overall positioning of these brands. These results are discussed hereunder. Attribute-Based MDS The tool used for this analysis is MDSX. The an alysis was performed on the overall samples as well as on the 2 segments individually so as to gauge the difference in their perceptions. The MDS on overall sample suggests that Brand Positioning Attributes Horlicks Brand, Nourishment, Shelf-presence Bournvita, Complan Palatability, Shelf-presence Milo, Boost Promotion, Economy, Colour While the analysis on ââ¬Ëvalue-seekers Cluster 1 suggests that Concerns Brand Positioning Attributes Strength Economy, Value-for-money Complan, Horlicks Brand, Shelf-presence, Packaging, Nourishment Weak Bournvita Palatability, Brand Weak Milo, Boost Economy, Colour, Promotion Strong The above table summarizes the existing positioning in minds of ââ¬Ëvalue-seekers and also indicates the relative strength of brands on the basis of match between the segment concerns and the positioning attributes. While the analysis on ââ¬Ëquality-seekers Cluster 2 suggests that Concerns Brand Positioning Attributes Strength Quality, Little concern for economy Horlicks Brand, Nourishment Somewhat Strong Bournvita Shelf-presence, Palatability Somewhat Strong Boost Colour Weak Milo, Complan Promotion Weak The above table summarizes the existing positioning in minds of ââ¬Ëquality-seekers and also indicates the relative strength of brands on the basis of match between the segment concerns and the positioning attributes. None of the brands is perceived to be better on ââ¬Ëeconomy and ââ¬Ëpackaging. Brand Loyalty Among Customers The respondents in the survey were asked whether they switched brands often or stick to one brand. We observe from the pie chart given that a vast majority of people never switch brands of the health food drink. Only about 20 25 % people change brands sometimes. Another question which was asked was that of the action when a retailer does not have a brand that the consumer wants. This again indicates that only about 20 25% of the customers actually buy another brand when the desired brand is not present in the shop. The result of the survey is as shown in the following pie chart. We next conduct a one-way Anova test to test the brand loyalty among the customers of different brands. It is observed that there is no significant difference in the switching behaviour or the action when the brand is not available. These are the same across all the brands. Brand Personality The attribute-based MDS of the trait-brand matrix suggests that * ââ¬ËHorlicks ââ¬ËBournvita are perceived to be ââ¬ËModest, ââ¬ËHonest, Reliable ââ¬ËCheerful. Thus, these brands can be personified as a ââ¬Ëreliable and ââ¬Ëhelping friend. * ââ¬ËComplan is perceived to ââ¬ËSophisticated thus it can be personified as a charming, suave and chivalrous gentleman. * ââ¬ËMilo ââ¬ËBoost are perceived to be ââ¬ËBold ââ¬ËSpirited. Thus, these brands can be personified as fun-loving, adventurous and daring youth. * None of the brands is perceived to be ââ¬Ëtough ââ¬Ërugged as is desired for a health product. (For the perceptual map of traits-brands, refer to Exhibit 16). vi. Results Customer Segmentation Cluster Analysis q Cluster 1: Value-Seekers Family Size: =3 Size of cluster: 27 respondents q Cluster 2: Quality-Seekers Family Size: =2 Size of cluster: 30 respondents Singles, young newly married couple Product Attributes Influencing Purchase Decision Factor Analysis Factor Analysis yields 3 factors q Purchase Feasibility (Promotion, Shelf-Presence, Packaging Economy) q Likeability (Palatability, Brand) q Utility (Nourishment, Colour) Two most important factors came out to be: q Palatability q Nourishment Purchase Influence Factors Two most important factors for families: q Doctor q Family Influence Two most important factors for families with kids: q Doctor q Advertisements Brand Loyalty q Customers more often stick to one brand q No significant difference in scores for the brands analyzed ViI. Constraints/Limitations Since this Project was intended to initiate us to the methodologies and techniques of Business Research Methods, therefore there are a number of constraints in terms of Manpower and Resources to conduct a large-scale survey. The scope of the project was limited to learning. There have been a number of limitations because of which the survey may not be indicative of the views of the target population. A few of these have been mentioned below. à § The Sample size used for the research is less. à § The Sample consisted of primarily students. à § The Target Area was limited to College and the nearby markets. à § Consultation with Experts would have largely improved quality of the Research. à § The Questionnaire was not extensive and more issues could have been addressed. à § The responses obtained might be inaccurate or biased, inadvertently or deliberately. à § The sample of the respondents chosen for the study might not be representative. à § Analys is of the proposed aspects might differ depending on the tools and techniques used. Exhibits Exhibit 1 T-test on the influencing factors One-Sample Statistics N Mean Std. Deviation Std. Error Mean Advt 57 3.63 1.665 .221 Children 57 4.18 2.197 .291 Doctor 57 3.33 1.816 .241 Family 57 3.26 1.675 .222 Experien 57 3.42 2.044 .271 Dealer 57 5.70 1.511 .200 wrd_mth 57 4.04 1.832 .243 Exhibit 2 T-test on the influencing factors in families with kids One-Sample Statistics N Mean Std. Deviation Std. Error Mean Advt 28 3.39 1.595 .301 Children 28 3.54 2.285 .432 Doctor 28 3.00 1.610 .304 Family 28 3.64 1.393 .263 Experien 28 3.68 2.109 .399 Dealer 28 5.93 1.783 .337 wrd_mth 28 3.96 1.527 .289 Exhibit 3 T-test on importance of product attributes One-Sample Statistics N Mean Std. Deviation Std. Error Mean Nourish 57 4.21 1.065 .141 Colour 57 2.56 .945 .125 Plty 57 4.56 .682 .090 Economy 57 3.02 1.009 .134 Shelf 57 3.23 .964 .128 Pkg 57 2.89 .939 .124 Brand 57 3.96 .981 .130 Promotion 57 2.95 1.141 .151 Exhibit 4 One way Anova of product attributes vs. different income groups ANOVA Sum of Squares df Mean Square F Sig. Nourish Between Groups 3.158 3 1.053 .925 .435 Within Groups 60.316 53 1.138 Total 63.474 56 Colour Between Groups 2.407 3 .802 .893 .451 Within Groups 47.629 53 .899 Total 50.035 56 Plty Between Groups 1.826 3 .609 1.333 .274 Within Groups 24.209 53 .457 Total 26.035 56 Economy Between Groups 2.247 3 .749 .725 .541 Within Groups 54.736 53 1.033 Total 56.982 56 Shelf Between Groups 1.371 3 .457 .478 .699 Within Groups 50.664 53 .956 Total 52.035 56 Pkg Between Groups 3.997 3 1.332 1.556 .211 Within Groups 45.371 53 .856 Total 49.368 56 Brand Between Groups 5.058 3 1.686 1.829 .153 Within Groups 48.871 53 .922 Total 53.930 56 Promotion Between Groups .106 3 .035 .026 .994 Within Groups 72.736 53 1.372 Total 72.842 56 Exhibit 5 One way Anova of product attributes vs different education groups ANOVA Sum of Squares df Mean Square F Sig. Nourish Between Groups 7.798 5 1.560 1.429 .230 Within Groups 55.675 51 1.092 Total 63.474 56 Colour Between Groups 2.647 5 .529 .570 .723 Within Groups 47.388 51 .929 Total 50.035 56 Plty Between Groups 3.428 5 .686 1.547 .192 Within Groups 22.607 51 .443 Total 26.035 56 Economy Between Groups 5.330 5 1.066 1.052 .398 Within Groups 51.653 51 1.013 Total 56.982 56 Shelf Between Groups 7.703 5 1.541 1.772 .135 Within Groups 44.332 51 .869 Total 52.035 56 Pkg Between Groups 3.625 5 .725 .808 .549 Within Groups 45.744 51 .897 Total 49.368 56 Brand Between Groups 2.186 5 .437 .431 .825 With in Groups 51.744 51 1.015 Total 53.930 56 Promotion Between Groups 9.251 5 1.850 1.484 .211 Within Groups 63.591 51 1.247 Total 72.842 56 Exhibit 6 One way Anova of product attributes vs different age groups ANOVA Sum of Squares df Mean Square F Sig. Nourish Between Groups 29.336 4 7.334 11.172 .000 Within Groups 34.138 52 .656 Total 63.474 56 Colour Between Groups 6.185 4 1.546 1.834 .136 Within Groups 43.850 52 .843 Total 50.035 56 Plty Between Groups .928 4 .232 .480 .750 Within Groups 25.107 52 .483 Total 26.035 56 Economy Between Groups 12.452 4 3.113 3.635 .011 Within Groups 44.530 52 .856 Total 56.982 56 Shelf Between Groups .838 4 .210 .213 .930 Within Groups 51.197 52 .985 Total 52.035 56 Pkg Between Groups 3.625 4 .906 1.030 .401 Within Groups 45.744 52 .880 Total 49.368 56 Brand Between Groups 4.031 4 1.008 1.050 .391 Within Gr oups 49.899 52 .960 Total 53.930 56 Promotion Between Groups 6.659 4 1.665 1.308 .279 Within Groups 66.183 52 1.273 Total 72.842 56 Exhibit 7 One way Anova of product attributes vs different family size groups ANOVA Sum of Squares df Mean Square F Sig. Nourish Between Groups 8.400 3 2.800 2.695 .055 Within Groups 55.073 53 1.039 Total 63.474 56 Colour Between Groups 2.709 3 .903 1.011 .395 Within Groups 47.326 53 .893 Total 50.035 56 Plty Between Groups .866 3 .289 .608 .613 Within Groups 25.169 53 .475 Total 26.035 56 Economy Between Groups 6.897 3 2.299 2.433 .075 Within Groups 50.085 53 .945 Total 56.982 56 Shelf Between Groups 3.485 3 1.162 1.268 .295 Within Groups 48.550 53 .916 Total 52.035 56 Pkg Between Groups 2.823 3 .941 1.072 .369 Within Groups 46.545 53 .878 Total 49.368 56 Brand Between Groups 1.027 3 .342 .343 .794 Wit hin Groups 52.903 53 .998 Total 53.930 56 Promotion Between Groups 7.117 3 2.372 1.913 .139 Within Groups 65.726 53 1.240 Total 72.842 56 Exhibit 8: Factor Analysis of Product Attributes/Considerations KMO and Bartletts Test Kaiser-Meyer-Olkin Measure of Sampling Adequacy. .592 Bartletts Test of Sphericity Approx. Chi-Square 94.019 df 28 Sig. .000 Rotated Component Matrix(a) Component 1 2 3 PROMOTIO .741 .017 -.178 SHELF .707 -.065 .286 PKG .686 .392 -.223 ECONOMY .586 .170 .512 PLTY -.125 .876 .184 BRAND .233 .862 -.047 NOURISH .135 .147 .820 COLOUR .179 .060 .703 Extraction Method: Principal Component Analysis. Rotation Method: Equamax with Kaiser Normalization. A Rotation converged in 5 iterations. Source: SPSS output Exhibit 9: Cluster Analysis on Demographic Variables Final Cluster Centers Cluster 1 2 AGE 3 1 FMLY_SZ 3 2 NUM_CHLD 2 1 INCOME 2 2 EDUCN 4 4 Number of Cases in each Cluster Cluster 1 27.000 2 30.000 Valid 57.000 Missing .000 Exhibit 10 T-test of different brands on different product attributes One-Sample Statistics N Mean Std. Deviation Std. Error Mean nrsh_bst 57 3.39 .590 .078 nrsh_brn 57 3.54 .734 .097 nrsh_cmp 57 3.68 .659 .087 nrsh_hor 57 4.30 .865 .115 nrsh_mil 57 3.35 .582 .077 One-Sample Statistics N Mean Std. Deviation Std. Error Mean col_bst 57 3.44 .866 .115 col_brn 57 3.58 .755 .100 col_cmp 57 3.28 .620 .082 col_hor 57 3.46 .847 .112 col_mil 57 3.28 .648 .086 One-Sample Statistics N Mean Std. Deviation Std. Error Mean plty_bst 57 3.23 .846 .112 plty_brn 57 4.09 .662 .088 plty_cmp 57 3.61 .774 .102 plty_hor 57 3.82 1.071 .142 plty_mil 57 3.44 .802 .106 One-Sample Statistics N Mean Std. Deviation Std. Error Mean eco_bst 57 3.33 .636 .084 eco_brn 57 3.53 .710 .094 eco_cmp 57 3.28 .675 .089 eco_hor 57 3.40 .979 .130 eco_mil 57 3.40 .563 .075 One-Sample Statistics N Mean Std. Deviation Std. Error Mean shlf_bst 57 3.37 .975 .129 shlf_brn 57 4.02 .767 .102 shlf_cmp 57 3.93 .979 .130 shlf_hor 57 4.14 .934 .124 shlf_mil 57 3.49 .759 .101 One-Sample Statistics N Mean Std. Deviation Std. Error Mean pkg_bst 57 3.46 .781 .103 pkg_brn 57 3.82 .826 .109 pkg_cmp 57 3.61 .726 .096 pkg_hor 57 3.82 .782 .104 pkg_mil 57 3.46 .683 .090 One-Sample Statistics N Mean Std. Deviation Std. Error Mean brnd_bst 57 3.54 .847 .112 brnd_brn 57 4.05 .811 .107 brnd_cmp 57 3.70 .801 .106 brnd_hor 57 4.04 .906 .120 brnd_mil 57 3.40 .842 .112 One-Sample Statistics N Mean Std. Deviation Std. Error Mean prom_bst 57 3.65 .834 .111 prom_brn 57 3.77 .945 .125 prom_cmp 57 3.53 .847 .112 prom_hor 57 2.96 .944 .125 prom_mil 57 3.49 .869 .115 Exhibit 11 Overall Perceptual Map Exhibit 12 Value-Seekers Perceptual Map Exhibit 13 Quality-Seekers Perceptual Map Exhibit 14 Anova test for checking brand loyalty of different brands ANOVA Sum of Squares df Mean Square F Sig. Action Between Groups .750 4 .188 .236 .917 Within Groups 41.285 52 .794 Total 42.035 56 Switch Between Groups .139 4 .035 .093 .984 Within Groups 19.370 52 .373 Total 19.509 56 Exhibit 15 Brand Personality Map Questionnaire Hi. We are students of IIFT. You are invited to participate in a survey to find out consumer preferences regarding various malt based health drinks available in the market today. It will take approximately 3 minutes to fill this questionnaire. Your participation in this study is voluntary. There are no foreseeable risks associated with this project. However, if you feel uncomfortable answering any questions, you may withdraw from the survey at any point in time. It is very important for us to learn your opinions. Your survey responses will be coded, remain strictly confidential and be reported only in the aggregate. Thank you very much for your time and support. You may start with the survey now. 1) Is Health Drink consumed in your family? a) Yes b) No 2) What is your age? a) 20 years b) 20-32 years c) 33-45 years d) 46-60 years e) 60 years 3) What is your education level? a) Matric b) Sr. Secondary c) Graduate d) Post Graduate e) Professional Degree f) Others 4) What is the size of the family? a) 1 b) 2 c) 3- 4 d) 4 5) What is the annual average income of the family? a) Rs. 200,000 b) Rs. 200,000 400,000 c) Rs. 400,000 600,000 d) Rs. 600,000 6) What is the number of children in your family? a) 0 b) 1-2 c) 2 7) Which health food drink do you drink? a) Boost b) Bournvita c) Complan d) Horlicks e) Milo 8) Please rate the importance of the following purchase considerations on a scale of 1(Very unimportant) to 5 (Very Important)? i) Nourishment j) Colour k) Palatability l) Economy m) Shelf-presence n) Packaging o) Brand Image p) Promotions 9) Please rate the following sources of information useful for purchase decision on a scale of 1 to 7? a) Advertisement b) Children c) Doctor d) Family e) Past experience f) Retailer g) Word of mouth 10) Please rate the following brands on the given attributes on a scale of 1(very poor) to 5(excellent). Boost Bournvita Complan Horlicks Milo Nourishment â⬠¦.. â⬠¦.. â⬠¦.. â⬠¦.. â⬠¦.. Colour â⬠¦.. â⬠¦.. â⬠¦.. â⬠¦.. â⬠¦.. Palatability â⬠¦.. â⬠¦.. â⬠¦.. â⬠¦.. â⬠¦.. Economy â⬠¦.. â⬠¦.. â⬠¦.. â⬠¦.. â⬠¦.. Shelf-presence â⬠¦.. â⬠¦.. â⬠¦.. â⬠¦.. â⬠¦.. Packaging â⬠¦.. â⬠¦.. â⬠¦.. â⬠¦.. â⬠¦.. Brand Image â⬠¦.. â⬠¦.. â⬠¦.. â⬠¦.. â⬠¦.. Promotions â⬠¦.. â⬠¦.. â⬠¦.. â⬠¦.. â⬠¦.. 11) How often do you switch health food drink? a) Never b) Sometimes c) Frequently 12) What do you do when your desired brand of health food drink is not available? a) Go to another place to buy the product b) Purchase another brand of health food drink c) Ask the retailer to buy it for you 13) Rate the following brands on the traits that they resemble on a scale of 1(No resemblance) to 5 (High Resemblance) Boost Bournvita Complan Horlicks Milo Modesty Honesty Cheerfulness Boldness Spiritedness Reliability Sophistication Toughness Ruggedness â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦. IX References BOOKS and readings Reichheld, Frederick (1966). ââ¬Å"The Loyalty Effectâ⬠: Boston, MA: Harvard Business School Press. Kotler, Philip (2005) Marketing Management, Pearson Education (Eleventh Edition). Malhotra, N.K. (2005). Marketing Research: An Applied Orientation, Pearson Education(Fourth Edition) Day, G.S. (1969). ââ¬Å"A Two-Dimensional Concept of Brand Loyalty,â⬠Journal of Consumer Research 2, 4, 241-258. Richard I. Levin, David S Rubin(1997). Statistics for Management, Prentice Hall of India(seventh edition) WEBSITES www.expresshealthcaremgmt.com/20030815/events6.html www.indiainfoline.com/bisc/ari/impa.pdf www.marketresearch.com/map/prod/1002524.html www.fao.org/organicag/doc/GeneralMarketFacts.doc www.acnielsen.ca/Insights/IntheNews/August2005.htm www.Commerce-Database.com www.fao.org/es/ESN/nutrition/ind-e.stm www.expresshealthcaremgmt.com/20030430/convers.shtml www.expresshealthcaremgmt.com/20030815/events6.shtml www.organic.aber.ac.uk/library/Consumer%20perception%20of%20organic%20food.pdf www.tradekey.com/ks-health-drinks webcenter.health.webmd.netscape.com/ content/article/48/39205.htm www.nestle.com.au/milo www.superbrandsindia.com/superbrands2003/bournvita superbrandsindia.com/superbrands2003/boost/index.htm
Friday, May 8, 2020
Technological Roller Coaster And Things Are Changing Fast
This year, Rancho Minerva Middle School who has 827 students and 40 teachers was granted the Digital Promise grant in which all the students were given an iPad and the opportunity to have internet data for their iPads at home through Verizon Wireless. That is when the thinking started, after hearing about all the amazing ideas and apps that Rancho Minerva was using to demonstrate that this new type of technology is actually the path to the future. It was quoted in Newmanââ¬â¢s book ââ¬Å"Sociologyâ⬠that ââ¬Å"we should recognize that weââ¬â¢re on a technological roller coaster and things are changing fastâ⬠(as cited in Belson, 2004, p. 14). Digital Promise has given this opportunity in Vista, CA to Rancho Minerva Middle School and the Vista Innovation and Design Academy, in Levittown, PA to FDR Middle School and Armstrong Middle School, in Raleigh NC to Carroll Leadership in Technology Magnet Middle School, in Evanston, IL to Chute Middle School and Dr. Martin Lut her King Jr. Literary and Fine Arts School, and in Raleigh, NC to PreEminent Charter School. In Beelerââ¬â¢s article ââ¬Å"Every School Has a Storyâ⬠it is explained that this opportunity was given to the previously mentioned schools so that with the help of a coach certain goals can be set and then with their help an online guidebook will be made to show the victories, challenges, strategies and the lessons that have been taught and learned. It makes one wonder what is to come in the future if we keep on pushing new technology into theShow MoreRelatedPersuasive Essay On Cyber Bullying1623 Words à |à 7 Pagesofficials because itââ¬â¢s a fast-growing issue, it can transfer to feeling unsafe at school, and bullying takes a toll on a childs mental health. In todays society, internet usage is a privilege that some take for granted. Children of all ages have become accustomed to having a type of technological device to their disposal at any time. Growing up with this is a vast advantage, however, the problem we are facing now is children who have little to no mind for the things they post behind the screenRead MoreOlder Workers At The Workplace1616 Words à |à 7 PagesOlder Workers in the Workplace (3rd draft) Does aging reduce the work effectiveness of older workers? 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Wednesday, May 6, 2020
Learning Theories Amongst Young Adults Free Essays
Introduction The concept of ââ¬Ëlearningââ¬â¢ has been embedded In each and every one of us from the daddy were born. Since, the beginning of man, learning has been incorporated Into our very nature whether we are conscious of It or not; from learning how to control fire to noticing how that fire provides us with warmth and security to ward of wild animals. Learning as defined by the Merriam-Webster dictionary is the activity or process of gaining knowledge or skill by studying, practicing, being taught, or experiencing somethingââ¬â¢. We will write a custom essay sample on Learning Theories Amongst Young Adults or any similar topic only for you Order Now Over the years, psychologists have come up with different theories on how we learn. Marketers have taken these theories and applied them to gain a better understanding of how consumers learn and behave, in order to develop better marketing strategies to satisfy the needs and wants of consumers. This is commonly known today as consumer behavior. The rapid increases of millennial consumers over the years have Intrigued marketers to further understand and analyses this new breed of consumers. Hence, to understand their behaviors Is to understand how they learn and process Information. There are many ways to learn and along with that, many different learning theories. In this research, I will be focusing on three mall learning theories related to young adult learning and what are the implications of these theories to marketing. Learning Theories of Young Adults How Marketers Apply Them To analyses how young adults learn, we have to first understand the term young adultââ¬â¢. In actuality, there is no definition to the term; however it is widely used these days to describe an individual who lies within the transition period between the adolescence to adulthood period. The term is also typically used to better categorize his segment of individuals in researches, studies and even marketing. According to Erosionââ¬â¢s Stages of Development, the young adult stage ranges between the ages of 18-35 years (Erikson, 1968). Due to the advancements of this ever-changing society, learning today Is not the same as It was 20-30 years ago. The exposure to technology from an early age has altered the way these ââ¬Ëdealt nativesââ¬â¢ think and process information compared to previous generations before them (Presents, 2001 Thus, the towards understanding how young adultsââ¬â¢ learn. Knowledge is perception ââ¬â Socrates. Learning is no longer Just a passive assimilation of knowledge (Pigged, 1968), which is passed down from teacher to student. As Benjamin Franklin once said, ââ¬Å"Tell me and I forget, teach me and I may remember, involve me and I learnâ⬠. The conventional student-teacher or teach meââ¬â¢ methods of learning can no longer be applied to the young adults of this generation. Instead, the use of a more active learning method such as cognitive learning is more relevant today. Cognitive learning is a theory that defines learning as a behavioral change based on the acquisition of information bout the environmentââ¬â¢ (Mossy, 2009). There are three main branches of cognitive learning; the iconic rote learning, vicarious learning and reasoning or analogy learning. Iconic rote learning The first area of cognitive learning we will be looking at is Iconic rote learning. Iconic rote learning is defined as learning the association between two or more concepts in absence of conditioning (Neal, Sequester, Hawkins, 2002). The essence of this concept is repetition, where the intended concept is repeated over again to engage the attention of the intended target. On the surface, this concept might seem similar to hat of the classical conditioning method which also involves repetition. However, this concept differs from classical conditioning because of the absence of a stimulus- response mechanism, a direct reinforcement or reward involved. The aim of iconic learning is Just to boost the attention and promote awareness off concept to associate its key attributes. Young adults today are faced with a ââ¬Å"continuous partial attentionâ⬠syndrome, where there is an overload of information from the use of technology (Coleman, 2013). It is difficult to teach a young adult today in a classroom, specially with the use of smoothness, laptops and gadgets, while simultaneously trying to receive information from the speaker or teacher. Moreover, young adults have the tendency to be distracted by the thought of needing to check their text messages or notifications from social-media circles. This attachment to technology is the reason why the transfer of an intended information or concept, has to be extensively repeated to obtain the constant attention or awareness of the intended person, in order for learning to occur. Herbert Simon, a Nobel-winning economist rote ââ¬Å"Hence a wealth of information creates a poverty of attentionâ⬠. Therefore, marketers who understand this theory, apply it to their marketing strategies to attract the attention of young adult consumers. Advertisers use mediums such as television commercials, Youth ads, and print media to create a link between the brand and its key benefits to consumers through iconic rote learning. For example, the extensive repetition and occurrences of a Cataracts advertisement, associates the brand to premium coffee. Once consumers have made the connection between Cataracts and premium coffee, consumers will cognitive processing. The presence of these commercials can even be made on digital platforms such as tablets and smoothness through downloaded APS (applications). Hence, with the right amount of exposure and occurrence, marketers will be able to capitalize on the ââ¬Ëdistractionââ¬â¢ of technology to learning and use it to their advantage when marketing young adults through infiltrating popular internet mediums such as Backbone and Youth. Vicarious learning Vicarious learning, also known as observational learning (sometimes called modeling or imitation) is simple learning by observing others and copying their behavior Fletcher and Gorton, 2007). Often used in conjunction with Bandannaââ¬â¢s social learning theory, made famous by the ââ¬ËBoob dollââ¬â¢ experiment; considers that children learn complex social behaviors by copying the behaviors of adults. Later on, Bandeau acknow ledged that learners also play an active role in the learning process by only choosing models which are consistent with their own personal beliefs and values which produce desired outcomes (Bandeau, 1989). Androgyny, also known as the study of how adults learn, was made popular by Malcolm Knowles who believed that adults are self-directed, goal-orientated and bring life experiences and knowledge to their learning experience (Knowles, 1989). Hence, it is clear that Bandannaââ¬â¢s theory not only applies to only children but to young adults as well because they only model those who align with their own prior beliefs and knowledge, to reach a desired goal or outcome. Thus, marketers who understand these learning theories apply them to their marketing strategies to reach young adult consumers. For instance, popular Swedish retailers HM use David Beckman (a famous footballer and celebrity) as their brand ambassador and spokesperson for their clothing line. Young adults who identify and look to Beckman as their role model will tend to imitate him; including what he wears in this case. Analytical or reasoning learning Analytical or reasoning learning can be defined as ââ¬Å"an inference process that allows consumers to use an existing knowledge base to understand a new situation or objectâ⬠(Hawkins and Motherboards, 2010). In analytical learning, critical reasoning based on existing understanding and knowledge is used together with new information or concepts in the learning process. This is common in young adults as they incorporate life experiences and pre-existent knowledge to their learning experience, as mentioned earlier based on the androgyny study (Knowles, 1989). Simply put, this theory of learning helps young adults use a pre-existing knowledge of something that they familiar with, to learn something that which they are not familiar with. Typically, high-involvement products involve more reasoning thinking because consumers are motivated to learn about products that they are interested Marketers who understand this theory use it to reach young adult consumers. An example of this is the purchase of high-involvement products such as smoothness. Users in Malaysia were between the ages of 25 to 34 (Enterprise News, 2011), hence falling within the young adult category (Erikson, 1968). The consumer behaviorism model suggests that a typical consumer goes through four stages before purchasing a product; recognition, searching for information, evaluation of alternatives and finally, the purchase decision (Kettle and Keller, 2012). Therefore, in the purchase of a smartened, young adults in Malaysia use analytical or reasoning learning to acquire as much information about the smartened when comparing between brands and prices. Hence, marketers in the smartened industry, should market their smoothness based on emphasizing on the unique specifications and restorability of price in order to gain a comparative advantage over competitor brands. If the product attributes align with a previous knowledge or experience, then the young adult will be motivated to learn more about the smartened and eventually decide to purchase it. Conclusion Young adults have become the main target market of marketers. Hence, it is critical to understand how they think, behave and learn. In this assignment I highlighted who young adult are and analyses the different cognitive approaches to learning when it comes to young adults which include; iconic rote, vicarious and analytical learning. These learning theories have a direct impact on the decision-making process of young adult consumers in purchasing items. I have also given real life examples which illustrated and describe the appropriate marketing strategies to not only reach but significantly affect and influence the way young adults purchase products. How to cite Learning Theories Amongst Young Adults, Essays
Tuesday, April 28, 2020
Target Customer Analysis Essay Sample free essay sample
Customers in American Apparel market can be by and large separated into three sections: adult females. work forces. and kids. Each section has its ain part of the overall market portion. The U. S. dress market grew 4 per centum in 2011 with entire dollar gross revenues of 199 billion dollars ( Beth Boyle ) . We will write a custom essay sample on Target Customer Analysis Essay Sample or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The growing of dollar gross revenues in the menââ¬â¢s dress market led the manner in the grownup dress market with an addition of 4 per centum. Womenââ¬â¢s dress grew by 3 per centum and childrenââ¬â¢s dress by 6 per centum. â⬠¢Women and GirlsApparel demand in the US was valued at $ 89. 9 billion in 2011. Clothing designed for adult females and misss represented the larger portion of demand in 2011 given that this population section is by and large more interested in manner tendencies ( ââ¬Å" Apparel: United Statesâ⬠5 ) . In womenââ¬â¢s market. ââ¬Å"smallerâ⬠points had more impact than ââ¬Å"bigâ⬠classs. Besides those points brought ââ¬Å"newnessâ⬠to the party ( Beth Boyle ) . Outgo on womenââ¬â¢s dress is above norm for adult females ages between 55 and 64 old ages old ( ââ¬Å"The US Market for 55+ Customersâ⬠59 ) . Statistics shows that consumers in this group spend more than any other groups in womenââ¬â¢s dress. â⬠¢I want trendy. and I donââ¬â¢t want to dry cleanSome 84 % of adult females seek out easy to blend and fit offprints when buying vesture. yet those 18-24 is much less likely to make so than their older opposite numbers. These immature adult females are much more likely to seek out vesture that is ace trendy. or easy passages from the office to nighttime. 18-24s are besides less concerned with ââ¬Å"no ironâ⬠or ââ¬Å"tumble dryâ⬠on the label ( Fay ) . Younger adult females are more attentions about manner and manner. and mid age adult females focus more on its quality ( Refer to Figure. 1 ) . â⬠¢Men and BoysOverwhelmingly. work forces frock for comfort. Some 85 % of work forces surveyed say this best describes their personal manner ( Lipson ) . Additionally. about half of all work forces surveyed say they like their apparels to be authoritative. More than one tierce of work forces say they strive to look alone. Many work forces try to maintain up with the latest manners and would dress more stylishly if they knew how ( Mention to Figure 2 ) . As a consequence of speed uping aging of American population. mid-21st century America will hold different construction of population. The Baby Boomer Generation will turn to be 65 old ages old or more. As a consequence of the aging America. in 2030 the figure of 65-year-olds will be the kids and young person between ages of 5 and 19. Baby Baby boomers have become one of the most of import functions in American dress market. Thus. older people have different positions of disbursement and different thoughts about manner ( ââ¬Å"The U. S. Mature Marketâ⬠8 ) . â⬠¢Older work forces frock for comfort. younger work forces want to stand out Older work forces. those aged 65+ are less likely to hold with most of the personal manner statements compared to younger work forces. However. older work forces are most likely to dress for comfort. Some 92 % of work forces aged 55-64 and 92 % of work forces aged 65+ agree with this statement ( Refer to Figure 4 ) . Younger work forces. those elderly 34 and younger. are likely to state that they are want to look alone and stand out. and that they are interested in apparels and manner. They besides agree that they would dress more stylishly if they knew how ( Lipson ) . Besides. one-year income and soldierly position are factors influences menââ¬â¢s attitudes to manner every bit good ( Refer to Calculate 3 and Figure 5 ) . â⬠¢Infants. Toddlers and TeenssParents frequently shop with kids. so parentââ¬â¢s shopping behaviours makes great influence on this market. The bulk of surveyed parents whose kids are younger than 12 typically purchase childrenââ¬â¢s vesture at mass merchants ( Donnell ) . Most parents agree that their girls have their ain sense of manner. More than 60 % of respondents who are parents of misss aged 6-11 agree with this statement ( The U. S Market for Infants ) . Not surprisingly. misss are partial to famous persons on vesture. Girls tend to be finical when it comes to taking vesture. as they want to hold a sense of individualism while besides happening manners they like. While misss may happen manners they like. fit appears to be an issue for many parents. Dressing with sketch characters is considered most popular among immature male childs aged 6-8 ( 53 % ) ; dressing having athleticss squads is wanted by male childs aged 6-11 ; and vesture having child famous persons is more likely to be desired by misss aged 6-11. harmonizing to parentsââ¬â¢ perceptual experiences of what kids prefer ( Donnell ) . TargetCompared with its rival. Target focus more on younger people market instead than older people ( see Figure 7 ) . PromotionHarmonizing to the research about customerââ¬â¢s attitude to manner. we can do combination of publicity with customerââ¬â¢s demands. â⬠¢Social MediaMost retail merchants have a presence in societal media. The major advantage of take parting in societal media is the comparatively low-priced. and instant. real-time feedback. Many retail merchants are utilizing these tools to derive feedbacks on their merchandises and to do betterments ( Donnell ) . Facebook and Twitter are convenient ways to make todayââ¬â¢s consumers Most of the large retail merchants have their Facebook and Twitter page ( Refer to Figure 6 ) . As more U. S. families gain broadband Internet connexions. and more persons ain web-enabled nomadic devices. consumers are progressively connected ( Brown A ; Washton. 88 ) . Mobile apps are besides going a popular selling tool. Retailers can direct consumers promotional offers via text or electronic mail to have on their nomadic devices. but are besides developing nomadic applications to do shopping via nomadic devices easier. Television ads are a traditional manner to advance. Television is the cardinal elements in mature life style. At the same clip. Television ads can besides unite with on-line shopping. Macyââ¬â¢s commercial June 2011. the ad non merely takes advantage of a cardinal chance for retail merchants to advance menââ¬â¢s vesture. but besides entices shoppers to see the web site if they are non able to see the shop by adverting free transportation at macys. com ( Lipson ) . â⬠¢CouponsAbout three in 10 parents surveyed believe that childrenââ¬â¢s vesture is excessively grown-up ( Donnell ) . Compared with disbursement on other dress. parents are less willing to pay more for childrenââ¬â¢s dress. They are cleaving to buy kids apparel through mass merchant by utilizing vouchers. â⬠¢Celebrities Effect and Word-of-MouthMuch of womenââ¬â¢s vesture advertisement seems focused on advancing the name of the trade names instead than specific vesture. The womenââ¬â¢s dress market besides benefits greatly from viva-voce recommendations. as points such as interior decorator denims are seldom advertised via traditional agencies. Harmonizing to a study. consequences show that 63 % of respondents rely on female friends or household members for advice on what vesture looks good ( Fay ) . TargetTargetââ¬â¢s carefully cultivated interior decorator coactions are its ain personal gravy train ââ¬â frequently imitated. but rarely duplicated by challengers Kohlââ¬â¢s and Sears. By democratising high-end interior decorators and mass-producing their capsule aggregations. Targetââ¬â¢s grown its dress concern to about 20 per centum of overall gross. which helped the retail merchant station gross revenues additions in a soft economic system. a tendency that shows no marks of decelerating ( Lydia ) . Harmonizing to me my determination. Target provides more price reductions and vouchers online instead than in shop. Besides. compared with Macyââ¬â¢s. Target has less Television advertizement to catch publicââ¬â¢s attending. Target besides has hebdomadal specials and vacation specials. There will be some particular pickups and publicity on every hebdomad and vacation. Plants Cited Apparel: United States. Freedonia Focus Reports. May. 2012. Web. October 7. 2012 Boyle. Beth. NPD Reports on the U. S. Apparel Market 2011. Port Washington. March 29. 2012. Web. October 7. 2012. Brown. Robert A ; Washton. Ruth. ââ¬Å"Marketing and Advertisingâ⬠. Selling to Internet Generation. Packaged Facts. September. 2000. Web. October 7. 2012. Brown. Robert A ; Washton. Ruth. ââ¬Å"Overall shopping behaviorâ⬠. Hispanic Consumers: DemographicForms and Spending Trends among Latino Americans. Packaged Facts. January2011. Web. October 7. 2012 Donnell. Fiona O. ââ¬Å"Attitudes Towards Shoping for Childrenââ¬â¢s Clothesâ⬠. Shopping forChildrenââ¬â¢s Clothing. MINTEL. September. 2011. Web. October 7. 2012. Donnell. Fiona O. ââ¬Å"Perception of Childrenââ¬â¢s Attitude toward Shoppingâ⬠. Shopping forChildrenââ¬â¢s Clothing. MINTEL. September 2011. Web. October 7. 2012 Donnell. Fiona O. ââ¬Å"Typical Behavior for Shoping for Childrenââ¬â¢s Clothesâ⬠. Shopping forChildrenââ¬â¢s Clothing. MINTEL. September 2011. Web. October 7. 2012 Donnell. Fiona O. ââ¬Å"Marketing Strategyâ⬠. Shoping for Childrenââ¬â¢s Clothing. MINTEL. September.2011. Web. October 7. 2012 Dishhan. Lydia. The Trouble with Wal-Martââ¬â¢s Apparel Strategy. MoneyWatch. August 2. 2010. Web. Oct 15. 2012. Fay. Kat. ââ¬Å"Clothes Shoping Habits and Preferencesâ⬠. Womenââ¬â¢s Attitudes Toward Shopping. MINTEL. December 2010. Web. October 7. 2012.Fay. Kat. ââ¬Å"Childrenââ¬â¢s Clothingâ⬠. Market Re-forecasts: Retailing and Apparel.MINTEL. April 2009. Web. October 7. 2012. Fay. Kat. ââ¬Å"Advertising and Promotion. â⬠Womenââ¬â¢s Clothing. MINTEL. November. 2007. Web. October 7. 2012. Lipson. Alison. ââ¬Å"Menââ¬â¢s Attitude Toward Fashion/Styleâ⬠. Menââ¬â¢s Attitudes Toward Shopping.MINTEL. March 2012. Web. October 7. 2012. Lipson. Alison. ââ¬Å"Marketing Strategyâ⬠. Menââ¬â¢s Attitudes Toward Shopping. MINTEL. March.2012. Web. October 7. 2012 ââ¬Å"Major Mature Market Highlightedâ⬠. The U. S. Mature Markets: New Perspective on the 55+ Customer. Packaged Facts. Feburary. 2003. Web. October 7. 2012. The U. S. Market for 55+ Customers: Attitudes and Lifestyles in the New Retirement Paradigm. Packaged Facts. January 2005. Web. October 7. 2012 The U. S. Market for Infant. Toddler. and Preschool Clothing. Volume I in the series: The U. S. Market for Infant. Toddler and Preschool Products. Packaged Facts. March. 2003. Web. October. 2012
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