Professional Documents
Culture Documents
This chapter presents the interpretation and analysis of the data collected.
Data were presented with the use of tables for proper presentation.
Table 1
Personal Profile in terms of Sex, Age, Civil Status, Highest Educational
Attainment, and Number of Seminars Attended
N=30
Indicators f %
Age 25 and below 3 10%
26-35 10 33.3%
36-45 10 33.3%
46-55 4 13.3%
56-65 2 6.7%
66 and above 1 3.3%
Sex Male 17 56.7%
Female 13 43.3%
Civil Status Single 12 40%
Married 17 56.7%
Annulled/Separated 1 3.3%
Highest Educational
Attainment
Elementary Graduate 4 13.3%
High School Under Graduate 2 6.7%
High school Graduate 1 3.3%
College Graduate 22 73.3%
Technical Vocational Course 1 3.3%
Number of Seminars
Attended
Local None 3 10%
1-3 21 70%
4-6 2 6.7%
7-9 1 3.3%
10 and above 3 10%
National None 26 86.7%
1-3 2 6.7%
4-6 1 3.3%
10 and above 1 3.3%
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From the last page, it has found out that the majority of the respondents
belong to the age bracket 26-35 years old and 36-45 years old with ten (10)
bracket of 46-55 years old with four (4) respondents and, 10% of the total
number were three (3) responses were from age bracket 25 years old and
below. Moreover, only two (2) out of the total number or equivalent to 6.7%
belong to the 56-65 years old, and only one (1) out of the total number or
3.33% belong to the age bracket 66 years old and above. This only implies that
most Bike shop owners are millennials and are more interested in this line of
shop industry.
Regarding variable sex, the majority of the respondents were male with a
that males are more involved in engaging businesses regarding bikes. This is
parallel to the findings of Szczepanski (2013), where the author elaborated that
the bike shop industry leaders are still geared toward male owners than females.
As to the respondents’ civil status, the majority of the respondents were married
single with twelve (12) respondents. Moreover, only one (1) out of the total
implies that most Bike shop owners are married because of the higher financial
According to Johnson and Rose (2015), most of the bike shop owners in
their survey were married and were on average of 10-15 years in marriage. The
authors added that this was because of the higher financial support needed by
the majority of the respondents were college graduates, with twenty-two (22)
graduates, with twelve (12) respondents. 6.7% were high school undergraduates
with two (2) respondents. Moreover, only one (1) out of the total respondents,
equivalent to 3.3%, are high school graduates and technical vocational courses.
It implies that most bike shop owners are degree holders and more of them have
A similar finding has been portrayed in the study of Skye Schooley (2022);
a college degree, on the other hand, is not required to start a business - but it
certainly helps. College not only teaches students educational topics that can
help start a business, but also soft skills, like how to be lifelong learners.
equivalent to (70%) respectively. 10% has no seminar attended and ten and
above with three (3) respondents. 6.7% attended 4-6 seminars with two (2)
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respondents. Moreover, only one (1) out of the total respondents, or equivalent
to 3.3%, has 7-9 seminars attended. Meanwhile, when the respondents were
asked about the number of national-level seminars they attended, most of the
respondents did not attend any seminars with twenty-six (26) with the
equivalent to (86.7%). 6.7% has two (2) national seminars. Moreover, one (1)
out of the total number of respondents or equivalent to 3.3% has attended 4-6
Based on the findings, it could be indicated that most of the Bike owners
faced only local seminars. This is due to the few opportunities to engage in
Jæger (1999), there is a higher-level local workshop than at the national level,
entrepreneurs.
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Table 2
Business Profile in terms of Form of Business Organization,
Number of Employees, Number of Years in Operation,
Initial Capital and Monthly Sales
N=30
Indicators f %
Form of Business Sole Proprietorship 27 90%
Organization Partnership 3 10%
Number of 5 and below 26 86.7%
Employees 6=10 3 10%
11 and above 1 3.3%
Number of Years 1 year and Below 13 43.3%
in Operation 2-4 years 4 13.3%
5-7 years 7 23.3%
8-10 years and above 6 20%
Initial Capital 15,000-20,000 16 53.3%
20,000-30,000 3 10%
30,000-40,000 1 3.3%
40,000-50,000 3 10%
60,000 and above 10 33.3%
Monthly Sales 15,000-30,000 16 53.3%
30,001-60,000 9 30%
90,001-120,000 2 6.7%
120,001 and above 3 10%
or equivalent to 90%. And, only three (3) out of the total number or equivalent
to 10% the partnership form of business organization. This only implies that the
business rather than any other form of business because it is the most accessible
form of business. This result is supported by Howell (2020), which asserted that
a sole proprietorship is the most accessible form of business to start and run
because there are only a few requirements to fill out. This type of business is for
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individuals who want to keep the operation simple, and the owner in this type of
business is also the manager; thus, he makes all the management and business
decisions.
In terms of the number of employees, the majority of the respondents have five
equivalent to 86.7%, 10% out of the total number or equivalent to three (3)
responses has 6-10 employees and only one (1) or equivalent to 3.3% has
employees of 11 and above. This implies that the business owners preferred to
employ fewer employees to minimize their expenses. This result was anchored
by the study of Mun and Jang (2015), which asserted that the size of a business
expenses.
respondents have been operating for one year and below, as evidenced by
thirteen (13) respondents or equivalent to 43.3%, seven (7) out of the total
number or equivalent to 23.3% was operating for 5-7 years, six (6) out of the
total number or equivalent to 20% was operating for 8-10 years and above, and
only four (4) out of the total number or equivalent to 13.3% was 2-4 years in
operation. It implies that most bike shops are new in this kind of business.
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Forbes (2019) asserted that most small businesses take years to succeed. Thus,
statistics show that successful small businesses are built over the years, not
months.
equivalent to 53.3%, ten (10) out of the total number or equivalent to 33.3%
has a starting capital of Php50, 000 and above, three (3) out of the total number
Php40,000- 50,000 and only one (1) out of the total number or equivalent to
3.3% has Php30,000- 40,000 for the initial capital. This implies that starting a
bike shop business requires only a tiny amount of capital. Therefore, starting a
new business with low capital or no funding will advantage the new business
with a slight chance of failure, a business can evolve naturally, and perform
Moreover, for the monthly sales, the majority of the respondents have a
equivalent to 53.3%, nine (9) out of the total number or equivalent to 30% with
has a monthly sales of Php30,001-60,000, three (3) out of the total number or
equivalent to 10% with has a monthly sales of Php120,001, and above, two (2)
out of the total number or equivalent to 6.7% with has a monthly sales of
Php90,001- 120,000. This only implies that the bike business tends to have lower
profit margins, particularly in the early stages because building the fundamentals
of a small business can take about a year, but most small businesses take at
Table 3
The Impact of Online Marketing on Bike Shops in terms
of Promotion
N=30
Indicators AWM DE
1. 1. Because of social media marketing, we 3.33 MA
2. were able to promote our shop.
3.
4. 2. Because of social media marketing, we 3.40 MA
5. can reach the right audience that
6. will purchase our products.
3.37 MA
7. 3. Because of social media marketing, we
can effectively advertise our shop.
3.33 MA
8. 4. Because of social media marketing, we
9. were able to acquire new customers.
Legend:
Numerical Statistical Limit Descriptive Equivalent Transmutation
Value
5 4.50-5.00 Strongly Agree (SA) Extreme
4 3.50-4.49 Agree (A) High
3 2.50-3.49 Moderately Agree (MA) Moderate
2 1.50-2.49 Disagree (DA) Low
1 1.00-1.49 Strongly Disagree (SDA) Negligible
The data collected has proved that promotion has a moderate impact on
the online marketing strategy of bike shops because social media reach potential
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customers and can effectively advertise their shop. This only implies that online
Table 4
The Impact of Online Marketing on Bike Shops in
Terms of Sales
N=30
Indicators AWM DE
1. 1. Our bike sales increase because of high demand 33.3 MA
when we started online marketing.
2.
3. 2. Because of social media marketing, inventory 3.40 MA
turns over very quickly.
4.
3. Our promotional costs decreased as a result of 3.37 MA
social media marketing, which increased our
revenue.
The data on the previous page shows that Bike Shop Sales has a
moderate impact on the online marketing strategy of bike shops because their
inventory turns over quickly while promotional costs have decreased. This implies
that online marketing helps to keep their sales stable even though many firms
Zallocco et al. (2011) stated that social media marketing sales gain a
expenditures.
Table 5
The Impact of Online Marketing on Bike Shops in
Terms of Public Relations
N=30
Indicators AWM DE
comes to creating positive impressions about their shop and products before and
Table 6
Significant Difference between the Impact of Online Marketing
across Demographic Profile
N=30
Impact of Online Marketing on the Bike Shop Owners across their demographic
profiles.
which implies that there is no significant difference across the Impact of Online
2013 and Hoque in 2015 also confirmed these findings in that the selected
Online Marketing on the demographic profile in terms of Sex, wherein the chi-
squared value is .224 with a significance of .636. Turton and Herrington (2012)
noted that globally, men are more likely to pursue entrepreneurship than
women.
Under Civil Status, there is no significant difference across the Impact of Online
Marketing on the demographic profile in terms of civil status, where the chi-
DePaulo (2014) in the U.S., it was found out that married people spend more
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time on buying things (whether in-store, online, or any other way) because they
are busier working full time so, through online they get to purchase items
owner's education level, which can assist the business to survive and manage a
complex environment and maintain the profitability of the business (Radipere &
profile in terms of Local Seminars, wherein the chi-squared value is 6.245 with a
significance of .182. According to other bike shop owners, a few had attended
local seminars since they wanted to have additional knowledge on using online
profile in terms of Local Seminars, where the chi-squared value is 4.348 with a
conference."
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Table 7
Significant Difference between the Impact of Online Marketing
across Business Profile
N=30
Wallis Test, to determine the significant difference between the Impact of Online
difference across the Impact of Online Marketing on the business profile in the
that all core business functions perform at a level that would keep the company
viable.
difference across the Impact of Online Marketing on the business profile in terms
of the number of employees. Elving (2013) believes that this occurs because
difference across the Impact of Online Marketing to the business profile in terms
significance of .160. Some Owners of Bike shops are still new in the field of
business; they said that they started this business before the pandemic, and
back then, they used online marketing to sell their products and business.
Meanwhile, on Initial Capital, the data shows that the chi-squared value is
2.285 with a significance of .515, that there is no significant difference across the
Small business owners often have limited financial resources, and they allocate
planning activities may help firms increase their chances of survival, stated by
across the Impact of Online Marketing to the business profile in terms of Monthly
Sales, wherein the chi-squared value of .126 with a significant of .989. According