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How to improve sales of Economic Times to IIML WMP students house hold ?
Reseach Object
What criteria consumers used to evaluate
business newspaper?
Hypothesis
1. Q4 (7-12),Q18(44)
2. Q4 (7-12),Q18(44)
5. Q4 (7-12), Q8(2528),Q1(1-4),Q19(45)
6.Q4 (7-12), Q7 (2124),Q1(1-4),Q19(45)
Sampling
plan
Easy Langauge
Market and Industry News
Availability
Reliablity
Content Reachness
Brand Value
Economic times
Mint
Financial Express
Business Standard
6. Please rate following businees newspapers in terms of image
Poor image
1
Economic times
Mint
Financial Express
Business Standard
7. Please rate the following business newspapers in term of content?
Poor
Economic times
Mint
Financial Express
Business Standard
8. Please rate the following business newspapers in term of reliability?
Poor
1
2
3
Economic times
Mint
Financial Express
Business Standard
9. Please rate the following business newspapers in term of market and industry news?
Poor
1
2
3
Economic times
Mint
Financial Express
Business Standard
10. Please rate the following business newspapers in term of availability?
Poor
1
2
3
Economic times
Mint
Financial Express
Business Standard
11. Brand value is import for choosing business newspaper
nonsignificant
1
16. Age
Male
Female
Married
Never Married
Divorced/Separated/Widowed
One
Two
Three
Four
Five and more
18-24
16. Age
17. Education
18. Profession
25-40
41-60
60+
Under graduate
Graduate
Post Graduate
Govt Job
Private Job
Self Business
Very much
prefffered
4
Excellent
Image
5
Excellent
Excellent
5
ustry news?
4
Excellent
5
Excellent
5
very
significant
5
aneousness
Widowed
Higly agree
5
Variable Sheet
1
Q1
2
Q2
3
Q3
5
Q4
6
Q4
9
10
11
12
13
Q5
14
15
16
17
Q6
18
19
20
21
Q7
22
23
24
25
Q8
26
27
28
29
Q9
30
31
32
33
Q10
34
Q11
35
36
Q12
37
Q13
38
Q14
39
40
Q15
Q16
41
Q17
42
Q 18
43
Q19
44
45
Do you
have the
habit of
reading
business
newspaper
?
If so, how
often do
you read
business
newspaper
in a week?
If not, why
don't you
read
business
newspaper Your
?
gender
Marital
Status
2-3
4-5
Male
Because of inMale
Because of inMale
Male
Married
Two
Never Marrie Four
Never Marrie Four
Married
Two
2-3
Male
Married
Five or more
2-3
Male
Married
Three
2-3
2-3
Male
Male
Normal newspMale
Timestamp
Family Size
Married
Two
Never Marrie One
Married
Two
Male
Married
Two
6-7
Male
4-5
Male
Married
9/1/2014 17:57:47 No
Five or more
1 Because of TMale
2-3
Male
Male
Married
Married
Four
Three
2-3
2-3
Male
Male
Married
Four
Never Marrie Four
4-5
Male
4-5
6-7
Male
Male
4-5
No time
4-5
9/1/2014 23:31:10 No
Male
Male
Male
Married
Married
Married
Four
Three
Four
1 Because busiMale
2-3
Male
2-3
Femal
2-3
Male
2-3
Male
4-5
Male
2-3
Male
Married
Four
Male
Married
Five or more
Two
6-7
Male
Married
4-5
Femal
2-3
Male
2-3
Male
Married
4-5
Femal
2-3
6-7
Four
Male
Male
Because of inMale
Married
Married
Married
Two
6-7
Male
Married
Three
6-7
Male
Male
Never Married
Three
6-7
Male
Married
Three
2-3
Male
Married
Three
What is
most
important
criteria
when you
choose
business
newspaper
?
Which part
in the
business
newspaper
is the one Which part
you like
do you
most?
dislike?
Which of
the
business
newspaper
s, you
prefer to
read?
Your age
What is
your
Your formal occupation Monthly
education ?
Income
29 - 40
18 - 28
18 - 28
29 - 40
Graduate
Private Job
Post graduatePrivate Job
Post graduatePrivate Job
Post graduatePrivate Job
29 - 40
Jobs
Economic Tim
29 - 40
Politics
Economic Tim
29 - 40
18 - 28
29 - 40
Lifestyle
Jobs
Economic Tim
Economic Tim
29 - 40
News
Jobs
Economic Tim
29 - 40
Graduate
Industry
Politics
Economic Tim
29 - 40
Graduate
Markets
Economic Tim
18 - 28
Graduate
29 - 40
29 - 40
Politics
Economic Tim
Economic Tim
41 - 60
29 - 40
Graduate
Private Job More than 80Language andNews
Post graduatePrivate Job 40,000 - 80,0content
Industry
Politics
News
Economic Tim
Mint
18 - 28
Graduate
Politics
Economic Tim
18 - 28
29 - 40
Graduate
Private Job 40,000 - 80,0Industries Sp Industry
Post graduatePrivate Job 40,000 - 80,0content
News
Economic Tim
Economic Tim
Economic Tim
Economic Tim
29 - 40
29 - 40
29 - 40
Politics
Economic Tim
Politics
Economic Tim
18 - 28
local news
Economic Tim
18 - 28
18 - 28
Graduate
18 - 28
Graduate
18 - 28
18 - 28
Graduate
Economic Tim
29 - 40
Graduate
Economic Tim
29 - 40
29 - 40
18 - 28
Politics
Economic Tim
Politics
Economic Tim
Markets
Politics
Economic Time
Graduate
Politics
Economic Tim
Graduate
Jobs
Economic Tim
29 - 40
Graduate
29 - 40
18 - 28
Politics
Mint
29 - 40
18 - 28
29 - 40
Politics
Politics
Economic Tim
Economic Times
41 - 60
Industry
Politics
Mint
18 - 28
News
Politics
Economic Tim
29 - 40
Graduate
Politics
Economic Tim
29 - 40
News
29 - 40
Markets
Private Job
industry growtIndustry
Politics
Economic Tim
Economic Time
Politics
Economic Tim
If options
available,
would you
Which
prefer other
criteria
business
makes you newspaper
read ET
s than ET?
If you
answer is
'Yes' in last
question,
What is you
selection
criteria
If your
answer is
'No', What
makes you
prefer ET? ET Image
Wide
Just want to try and find ou coverage
Authenticity ofYes
news
Content richeNo
Authenticity ofYes
news
i like it
Content richeNo
Not familiar Yes
How much
you are
willing to
pay for
daily
business
newspaper
Authentic
Content
richness
habitual of it No
Authenticity ofNo
news
Why you
choose
business
newspaper
rather than
other
media?
Content
Content richeYes
same
Content richeYes
Learning Column
Authentic
Content
richness
Reliable
INR 8-10
Contempora
ry, Authentic,
Reliable,
Content
richness
Expert opinio INR 2-4
Authentic,
Reliable
Richness of bINR 2-4
Availability
No
Most
Popular and
Known
Richness of bINR 2-4
In depth coveINR 5-7
Content
richness
Richness of bINR 2-4
others
ease
INR 8-10
Wide
coverage
Expert opinio INR 5-7
Availability
No
Reliable
Authenticity ofYes
news
Content richeYes
Content richeYes
Authenticity ofYes
news
Content
quality
Authentic,
Reliable,
Content
richness,
Wide
coverage
Content richeYes
Authentic
easy &
simple
familiar with language
Authenticity ofYes
news
Availability
Yes
Content richeYes
Authentic,
Reliable,
Wide
coverage
Wide
coverage
Authentic,
Content
Varied News and relevant t richness
Not familiar No
Content richeNo
Contempora
ry, Authentic,
Reliable,
Content
richness,
Wide
Information ava
coverage
In depth coveINR 2-4
Content richeNo
Contempora
ry, Wide
understandalecoverage
Richness of bINR 5-7
Availability
Yes
Availability
Yes
Authenticity ofNo
news
Content
richness,
Wide
Coorectness of informationcoverage
Wide
Content, Originality and Simcoverage
Contempora
ry, Authentic,
Reliable,
Content
richness,
Wide
coverage
Reliable
INR 5-7
Authenticity ofNo
news
Content richeYes
Availability
Yes
Content richeNo
conomic Times
Availability
Yes
Authenticity ofNo
news
Content richeYes
Content richeYes
Content richeNo
Authentic
Wide
coverage,
Not much
rechness
To check the dNot Applicabl incontent
Wide
content richness
coverage
Reliable
INR 5-7
Contempora
ry, Authentic,
Reliable,
Content
richness,
Wide
Fastest deliv coverage
In depth coveINR 5-7
Reliable
Expert opinio INR 2-4
Authentic,
Reliable,
Wide
concise and relevant informcoverage
Content and re
Reliable
Reliable,
Content
extensive research on recerichness
Contempora
ry, Wide
coverage
Richness of bINR 2-4
Relevance and
Reliable
What
changes
can be
done to
make you
read
business
newspaper
?
Summary critera to
Summary
read news criteria in
paper
ET
ET non
ET Loyalist loyalist
Content
Content
Content ReacAuthenticity
Reliable
Content
Content ReacAvailability
News Coverage
Reliable
Reliablity
Content
Easy Language
Availability
News coverage
Reliable
Content
Content Reacricheness
News Coverage
Content
Market and I richeness
Easy Language
Reliable
Easy LangaugAvailability
Content
Content Reachness
Content
Content
Market and I richeness
Reliable
Content Reachness
Content
Content
3%
14%
42%
33%
6% 3%
te business newspaper?
%
Easy Langauge
Market and Industry News
Availability
Reliablity
33%
Content Reachness
Brand Value
How do
consumers
evaluate
Economic
times and
various
other
business
newspaper
brands
in terms of
choice
criteria?
4%
18%
46%
32%
4%
18%
Authenticity
Availability
Content richeness
Easy Language
32%
Loyalist
20%
13%
60%
7%
20%
Reliable
Conetent
Easy Language
60%
7%
News Coverage
ET non-loyalist
18%
12%
18%
53%
Content
53%