An Empirical Analysis of Purchase Intentions Related to Promotion Mix of FMCG Products in India

Authors

  • Sandhir Sharma Chitkara Business School, Chitkara University, Punjab, India Author
  • Amandeep Singh Chitkara Business School, Chitkara University, Punjab, India Author
  • Babita Singla Chitkara Business School, Chitkara University, Punjab, India Author

DOI:

https://doi.org/10.61841/0mme9b78

Keywords:

FMCG, Purchase Location, Price, Convenience, Quality and Promotion

Abstract

Fast-moving consumer goods (FMCG) are products that are consumed rapidly and sold with very little effort. Although the profit margin associated with these products is very low, that’s why they are sold in very large quantities so that the profit margin can be increased. They attempt to accomplish this by portioning the entire market into fragment markets, which have various clients with regular needs and purchasing intentions, and afterwards creating arrangements that are offered especially emphatically to those sections. The best sections must have potential, lifespan, accessibility, and profitability. The key is recognizing which fragments offer some benefit regarding potential, life expectancy, openness and gainfulness on the grounds that a business procedure's adequacy expands as indicated by our ability to measure portions, distinguish them, and dismember them How to portion a market is constantly an issue in FMCG promotion. One of the bases of division is to put together fragments with respect to the geological area of the client. Anyway, there are a number of components that influence the client's decision of area that portray why the client has picked a specific area for his buys. This examination paper tries to portray the general significance of the variables influencing the client in the choice of a buy area. 

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Published

31.07.2020

How to Cite

Sharma, S., Singh, A., & Singla, B. (2020). An Empirical Analysis of Purchase Intentions Related to Promotion Mix of FMCG Products in India. International Journal of Psychosocial Rehabilitation, 24(5), 2973-2979. https://doi.org/10.61841/0mme9b78