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Senthilkumar, V. M.
- Impact of Promotional Strategies of Hypermarkets
Abstract Views :176 |
PDF Views:0
Authors
Affiliations
1 esearch & Development Centre, in Management Studies, Bharathiar University Coimbatore, IN
2 Department of Humanities, Sri Shanmuga College of Engineering and Technology, Sankari, IN
1 esearch & Development Centre, in Management Studies, Bharathiar University Coimbatore, IN
2 Department of Humanities, Sri Shanmuga College of Engineering and Technology, Sankari, IN
Source
Asian Journal of Management, Vol 8, No 3 (2017), Pagination: 531-534Abstract
The sale of goods or commodities in small quantities for final consumption is retailing. Hypermarkets in India sell different types of essential commodities in addition to luxury items. These Hypermarkets are mainly located in tier I and tier II cities of India. Majority of the hypermarkets sell branded products produced by domestic and International companies. Hypermarkets of India offer products with varied price bands for each and every sections of urban society. Promotion stands for all the communications that a retailer may use in the marketplace. Promotion mix is composed of four distinct elements: Advertising, Sales Promotions, Word of mouth and Public Relations. The present research work examines the impact of promotional strategies employed by Hypermarkets in Bangalore. The survey was carried out in the selected hyper markets of Bangalore city. The primary data was collected from 400 customers of hyper markets. A properly structured questionnaire was used to collect data. Convenience sampling technique was used and data was analyzed by using statistical tools. The results showed that sales promotion has very high impact and other components of promotional mix like advertisements, public relations can be improved. This can be achieved by using an integrated marketing communications approach.Keywords
Promotion, Word of Mouth, Communication, Impact.References
- Chandra, B., and Pattanayak, J. K. (2012). Shopping Proclivity for Hypermarkets: An Empirical Study. The IUP Journal of Marketing Management, 84-105.
- Kumar, N. S., Rajiv, S., and Jeuland, A. P. (2001). Effectiveness of Trade Promotions: Analyzing the Determinants of Retail Pass-Through. Review of Marketing Science WP No. 317 .
- Kumar, Swaminathan, and Srinivasan. (2005). Two Different Faces of Coupon Elasticity. Journal of Retailing, 81(1), 1-13.
- Racherla, P., and King, R. A. (2012). What We Know and Don’t Know About Online Word-Of-Mouth: A Systematic Review and Synthesis of the Literature.
- Vasudevan, M., Senthilkumar, V., and Sasikumar, K. (2013). Marketing Mix: A review on the ‘P’s of marketing. international journal of research in commerce, IT and Management, 3(9), 37-39.
- Vecchio, Del, and Devon. (2006). The Effect of Sales Promotion on Post-Promotion Brand Preference: A Meta Analysis. Journal of Retailing, 82(3), 203-213.
- Yoganandan, G. (2015). Textile export promotion in India. Bonfring International Journal of Industrial Engineering and Management Science, 1(1), 1-4.
- Yoganandan, G., and Prabhukumar, G. (2015). Consumer buying behaviour towards books in Erode city. International Journal of Research, 2(1), 609-614.
- Yoganandan, G., Saravanan, R., and Ruby, N. (2013). A study on households' consumption pattern of Aavin milk in Erode district. International Journal of Research in Commerce Economics and Management, 3(7), 6-10.
- Yoganandan, G., Saravanan, R., and Ruby, N. (2013). A Study on Online Shopping Behaviour of teachers working in self-financing colleges in Namakkal district with special reference to K.S.R College of Arts and Science, Tiruchengode. International Journal of Research in Commerce Economics and Management, 3(6), 31-38.
- An Analysis on Problems in Implementing NAIS (National Agriculture Insurance Scheme) with Special Reference to Erode Block
Abstract Views :207 |
PDF Views:0
Authors
Affiliations
1 Bharathiar University, Coimbatore, IN
2 Sri Shanmugha College of Engineering and Technology, Sankari, Salem, IN
1 Bharathiar University, Coimbatore, IN
2 Sri Shanmugha College of Engineering and Technology, Sankari, Salem, IN
Source
Asian Journal of Management, Vol 8, No 3 (2017), Pagination: 681-687Abstract
Agriculture is considered to be the backbone of the India Economy. In developing countries like India, agriculture has been crucial sector due to its perceived ability to contribute significantly to achieve the developmental objectives. Agriculture in India is characterized by low productivity, lack of technology, under employment, etc., Normally agriculture production implies an unexpected outcome or yield. Variability in outcomes from expected those which are expected poses risks (Harwood et al 1999). Generally the farmers produce the agriculture products under the condition of risky environment. The decisions taken by the farmers are not know with certainty and the results may be better or worse than the expectation. Crop insurance is the best solution to compensate the loss of farmers arising from the field. The ongoing National Agriculture Insurance Scheme (NAIS) serves as a good step to insure the risks of millions of farmers. However, crop insurance inherent major problems as only about 10% of sown area and suffers from adverse claims to premium. There are problems with both the design and delivery of crop insurance schemes. So the present paper focus on identifying the problems that exists in implementing NAIS in three firka from Erode blocks viz., Erode East, Erode North and Erode West. The study is conducted by interviewing 300 farmers in selected blocks using a prepared questionnaire. The aim is to know the awareness of NAIS among farmers and the issues in executing the agriculture insurance scheme. The data collected through the primary method is analyzed with the help of tools like percentage analysis, ANOVA, Chi-Square, correlation and Garrets Ranking Technique. The main problems that the farmer is facing in execution of the NAIS are delay in payment of claim amount, crop coverage and premium rate. It is also revealed that there is significant difference between the variables like educational levels of farmers with respect to availing of NAIS, borrowing amount and availing NAIS, borrowing amount and experience of farmer’s in farming and borrowing amount and farmer’s category.Keywords
Agriculture, Risk, Insurance, NAIS, Problems.References
- Harwood, J., R. Heifner, K. Coble, J. Perry and A.Somwaru. Managing Risk in Farming: Concepts, Research and Analysis. Agicultural Economic Report No. 774. Market and Trade Economics Division and Resource Economics Division, Economic Research Service, U. S. Deparment of Agriculture. March 1999:1- 125.
- Weaver, R. D. and Kim, T. Designing Crop Insurance to Manage Moral Hazard Costs, Paper prepared for presentation at the Xth EAAE Congress ‘Exploring Diversity in the European Agri-Food System’, Zaragoza (Spain), 2002. A review available from URL: http://ageconsearch.umn.edu/bitstream/24784/1/cp02we08.pdf.
- Quiggin, J., Karagiannis, G. and Stanton, J. Crop Insurance and Crop Production: An Empirical Study of Moral Hazard And Adverse Selection. Australian Journal of Agricultural Economics,37(2).1986, A review available from URL: http://www.uq.edu.au/economics/johnquiggin/JournalArticles93/Cropins93.pdf
- Roberts, M., Key, N. and O’Donoghue, E. (2006) Review of Agricultural Economics. 28(3): 381–390. 2006. A review available from URL: http://naldc.nal.usda.gov/download/ 36723/PDF.
- Mark, Wenner and Diego, Arias Risk Management: Pricing, Insurance, and Guarantees- Agricultural Insurance in Latin America: Where Are We?” (Inter American Development Bank), 2003. A review available from URL: www.basis.wisc.edu/live/rfc/cs_03b.pdf.
- Hazell, P. B. R. The Appropriate Role of Agricultural Insurance in Developing Countries. Journal of International Development. 1992 .4: 567-581.
- Bindiya Kunal Soni and Jigna Trivedi , Crop Insurance: An Empirical Study on Awareness and Perceptions, Gian Jyoti EJournal, April-June 2013. 3 and 2: 81-93.
- Chen, Shu-Ling. Acreage Abandonment, Moral Hazard and Crop Insurance. Selected Paper Prepared for Presentation at the American Agricultural Economics Association Annual Meeting, Providence, Rhode Island, July 24-27, 2005. A review available from URL: http://ageconsearch.umn.edu/bitstream/19114/1/sp05 ch06.pdf.