Analyzing Branding's Impact on Sales Revenue at Woolworths, Australia

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Added on  2023/06/09

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This research report investigates the impact of branding on sales revenue at Woolworths, Australia. It begins by outlining the business problem of declining sales due to inadequate branding approaches, emphasizing the importance of effective marketing and promotional activities. The research aims to evaluate the impact of branding on sales revenue, focusing on objectives such as identifying the influence of branding on buying behaviors, evaluating approaches to enhance brand image, and assessing how branding affects purchasing power. The literature review highlights the effectiveness of internet marketing and the role of advertising in creating brand loyalty. The methodology employs both qualitative data from manager interviews and quantitative data from survey questionnaires, analyzed using SPSS. An experiment is proposed to compare intervention groups with branding information, ensuring ethical research practices and academic integrity. The bibliography lists relevant sources on business research methods, advertising, survey research, and social media's impact on consumer behavior.
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Research in business
Impact of branding in sales
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ntroductionIThe research is conducted to discuss about the
branding aspects creating an impact on the sales
level achieved by the company
Due to lack of proper branding approaches
including marketing and promotional activities,
there will be sales decline, which is a major
business problem
It is important for Woolworths to implement the
right marketing and promotional activities to make
people aware and influence them to buy products
and services, which will increase the sales
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Research aim and objectives
Research aim
The aim of the research is to evaluate the impact of branding
on the sales revenue achieved at Woolworths, Australia.
Research objectives
To identify the impact of branding on the buying behaviors and
its influence on the sales of products at Woolworths, Australia
To evaluate the approaches to enhance the brand image and
identity of Woolworths
To assess the ways in which branding influences the purchasing
power of the customers and the sales are increased
To recommend necessary measures for ensuring that the
branding is successful for raising the sales level through more
purchases made by the customers
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iterature reviewL
The internet marketing is an effective approach to
branding that improves brand exposure and make
people buy products consistently.
The branding activities involve marketing,
promotions and advertising of televisions,
newspapers and on internet websites to seek the
attention of consumers.
The customers are getting influenced and the sales
of products increase gradually
The formation of trust and loyalty on the brand has
increased sales and profit level of the company.
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Research methodology
The qualitative data is obtained from
interviewing the managers while the
quantitative data is collected by gaining
responses from the survey questionnaires
provided to the respondents
The survey research will enable providing the
survey questionnaires to people to obtain their
responses
The analysis of data will be done with the use of
SPSS tool and present those in tables and
graphs
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perimentEx
The experiment will compare the results
gained from the intervention groups with the
branding information
It will assist in maintaining proper values and
ethics and ensuring that the authenticity is
maintained
The experiment will be done for determining
the feasibility of the research considering its
use of academic purposes and not for any
commercial benefits.
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ibliographyB
Bryman, A., & Bell, E. (2015). Business research
methods. Oxford University Press, USA.
Buil, I., De Chernatony, L., & Martinez, E. (2013).
Examining the role of advertising and sales
promotions in brand equity creation. Journal of
Business Research, 66(1), 115-122.
Fowler Jr, F. J. (2013). Survey research methods. Sage
publications.
Goh, K. Y., Heng, C. S., & Lin, Z. (2013). Social media
brand community and consumer behavior: Quantifying
the relative impact of user-and marketer-generated
content. Information Systems Research, 24(1), 88-107.
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