Analyzing the Impact of Advertising Costs on Clothing Company Sales

Verified

Added on  2023/04/23

|11
|344
|303
Report
AI Summary
This report analyzes the sales and advertising costs of a clothing company. It utilizes data visualizations such as line graphs, pie charts, and scatter plots to illustrate trends from 2000 to 2013. The analysis highlights the correlation between advertising expenditures and sales performance, suggesting that increased marketing efforts, particularly through digital and social media, have positively impacted sales. The report also references external sources to support its findings and conclusions, offering a comprehensive overview of the company's financial performance and the effectiveness of its marketing strategies. The report concludes that the company's investment in advertising has been a key driver of its sales growth, reflecting the changing market dynamics and consumer behavior.
tabler-icon-diamond-filled.svg

Contribute Materials

Your contribution can guide someone’s learning journey. Share your documents today.
Document Page
Business Decision
Making
TASK 3
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Introduction
According to the given case study, Managing Director of Clothing Company that import cloths
from different parts of the world so that diverse needs and wants of customers can be satisfied. In
regard to this, data of last 10 years has been extracted regarding sales and advertising costs.
Document Page
Line Graph
Document Page
Pie chart
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Bar Graph
Document Page
Advertising Costs and Sales
Data of 2000 – 2013
Document Page
Scatter Plot on Advertising costs
and sales
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Summary
On the basis of above illustration of graphical presentation it has been analyzed that, sales
performance of Clothing Company is showing fruitful and attractive outcomes. However, the
means reason behind this could be changing trends and environment has increased the demand
for imported products and services from different countries. Along with this, with advancement
in marketing prospects has increased the costs for advertising. However, use of social media and
digital advertising has led the firms to invest huge amount in marketing so that they can attract
large number of audience and generate greater demand.
Document Page
Trend lines of Advertising costs
Document Page
Trend line of Sales
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
REFERENCES
Byrne, P., McAllister, P. and Wyatt, P., 2011. Precisely wrong or roughly right? An evaluation of
development viability appraisal modelling. Journal of Financial Management of Property and
Construction. 16(3). pp. 249 – 271.
Day, A., 2005. Mastering Financial Mathematics with Excel: A Practical Guide for Business
Calculations. Financial Times/Prentice Hall.
Hedgebeth, D., 2007. Data-driven decision making for the enterprise: an overview of business
intelligence applications. VINE, 37(4). pp.414 - 420.
Ho, J. C. L., Liu, S. C. and Tsay, J., 2008. "Further evidence on financial analysts' reaction to
enterprise resource planning implementation announcements". Review of Accounting and
Finance. 7(3) pp. 213 – 235.
chevron_up_icon
1 out of 11
circle_padding
hide_on_mobile
zoom_out_icon
logo.png

Your All-in-One AI-Powered Toolkit for Academic Success.

Available 24*7 on WhatsApp / Email

[object Object]