Comparative advertising and promotions were analyzed for their effects on sales. Both comparative advertising and promotions individually had a significant positive effect on sales. However, when used together there was an interaction effect that led to lower sales than when each was used separately. Based on the analysis, the recommendation was to use comparative advertising alone for highest sales.
Comparative advertising and promotions were analyzed for their effects on sales. Both comparative advertising and promotions individually had a significant positive effect on sales. However, when used together there was an interaction effect that led to lower sales than when each was used separately. Based on the analysis, the recommendation was to use comparative advertising alone for highest sales.
Comparative advertising and promotions were analyzed for their effects on sales. Both comparative advertising and promotions individually had a significant positive effect on sales. However, when used together there was an interaction effect that led to lower sales than when each was used separately. Based on the analysis, the recommendation was to use comparative advertising alone for highest sales.
Name of ICE: COMPARATIVE ADVERTISING AND PROMOTIONS ICE
Section and Group No: C3 GROUP 5
Absentees if any: 0 Team Members: DM23451 RAGHAV BANSAL DM23432 RAVI KUMAR DM23306 ANEESH MONDEPU DM23351 YASHWANTH T DM23455 ADITHYA SANKAR V DM23336 SHINON SAJI JACOB MAVELIL
COMPARATIVE ADVERTISING AND PROMOTIONS ICE
Solution: Inference: • Both the comparative advertising and promotion main effects have a significant effect which is seen from their sigma value being less than 0.05 • When both the effects are used together there is an interaction effect which is seen from the descriptive statistics and low sigma level value. Advice: • Use Comparison Ad alone since it gives a better sales value • If the client is not able to do a comparative ad, then doing promotion alone also has a significant effect • When performing both the main effects, even though it has a significant interaction effect, the sales figure is less than what we get when the main effects are used separately.
The Consultant's Toolkit: 45 High-Impact Questionnaires, Activities, and How-To Guides for Diagnosing and Solving Client Problems: High-Impact Questionnaires, Activities and How-to Guides for Diagnosing and Solving Client Problems