Finding the best promotional strategy for influencing the purchase of instant coffee by shoppers, A case study on Nestle Bangladesh Limited.

This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2022.

Chi tiết về thư mục
Tác giả chính: Arafath, Nafiz Akter
Tác giả khác: Ahmed, Md. Shamim
Định dạng: Internship report
Ngôn ngữ:English
Được phát hành: Brac University 2023
Những chủ đề:
Truy cập trực tuyến:http://hdl.handle.net/10361/17937
id 10361-17937
record_format dspace
spelling 10361-179372023-03-22T05:22:47Z Finding the best promotional strategy for influencing the purchase of instant coffee by shoppers, A case study on Nestle Bangladesh Limited. Arafath, Nafiz Akter Ahmed, Md. Shamim Brac Business School, Brac University Promotional strategy Purchase Nestle Bangladesh Limited. Marketing This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2022. Cataloged from PDF version of internship report. Includes bibliographical references (page 40). In this research, I will ask whether consumers purchase instant coffee without receiving any incentives, and if not, how sales promotions influence consumer purchasing behaviour. After conducting a thorough survey, we discovered that sales offer strategies (Sales Promotion) have a beneficial impact on shoppers' purchase decisions. It is critical for businesses to understand which marketing methods are most effective in their industry. Because the instant coffee industry in Bangladesh is so competitive, businesses must constantly introduce new ways to market their products to keep up with market trends and demand. Companies must invest considerably in marketing expenditures to increase product awareness. Companies must prosper in sales after a successful campaign of raising awareness in order to persuade consumers to buy the product. A sales promotion or offer plan is one of the practical choices for promoting a product that eventually drives sales in the instant coffee sector. I also tested two other strategies: influencer marketing and a product sale discount combined with a sales promotion or offer strategy to see which one would work best in the food business. I discovered a positive attitude among consumers regarding sales promotion or offer strategy after conducting a successful survey of a sample of the population, as opposed to the other two possibilities indicated above. I also discovered that consumers enjoy receiving incentives, which will pique their curiosity in buying a product. The findings of this research will be especially useful to businesses that take a conservative approach to marketing expenses, focusing on a single strategy. Furthermore, the findings of this analysis might help larger companies determine their ideal marketing mix for promoting their goods. Nafiz Akter Arafath B. Business Administration 2023-03-05T05:21:29Z 2023-03-05T05:21:29Z 2022 2022-02-04 Internship report ID: 17104024 http://hdl.handle.net/10361/17937 en Brac University Internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 43 pages application/pdf Brac University
institution Brac University
collection Institutional Repository
language English
topic Promotional strategy
Purchase
Nestle Bangladesh Limited.
Marketing
spellingShingle Promotional strategy
Purchase
Nestle Bangladesh Limited.
Marketing
Arafath, Nafiz Akter
Finding the best promotional strategy for influencing the purchase of instant coffee by shoppers, A case study on Nestle Bangladesh Limited.
description This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2022.
author2 Ahmed, Md. Shamim
author_facet Ahmed, Md. Shamim
Arafath, Nafiz Akter
format Internship report
author Arafath, Nafiz Akter
author_sort Arafath, Nafiz Akter
title Finding the best promotional strategy for influencing the purchase of instant coffee by shoppers, A case study on Nestle Bangladesh Limited.
title_short Finding the best promotional strategy for influencing the purchase of instant coffee by shoppers, A case study on Nestle Bangladesh Limited.
title_full Finding the best promotional strategy for influencing the purchase of instant coffee by shoppers, A case study on Nestle Bangladesh Limited.
title_fullStr Finding the best promotional strategy for influencing the purchase of instant coffee by shoppers, A case study on Nestle Bangladesh Limited.
title_full_unstemmed Finding the best promotional strategy for influencing the purchase of instant coffee by shoppers, A case study on Nestle Bangladesh Limited.
title_sort finding the best promotional strategy for influencing the purchase of instant coffee by shoppers, a case study on nestle bangladesh limited.
publisher Brac University
publishDate 2023
url http://hdl.handle.net/10361/17937
work_keys_str_mv AT arafathnafizakter findingthebestpromotionalstrategyforinfluencingthepurchaseofinstantcoffeebyshoppersacasestudyonnestlebangladeshlimited
_version_ 1814308899671506944