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14 - Chapter 5
14 - Chapter 5
DATA ANALYSIS
The data collected through the primary sources basically through surveys, personal
interview, telephonic interview, google form and e-mails, was analysed and
intrepreted to draw meaningful inferences. The questionnaire consisted of close
ended questions pertaining to selection of different online techniques, social media
preferences, problems encountered by different companies in conducting online
business.
The questionnaire was divided into two broad sections which are as follows:
➢ Section – I
This section contained the preliminary information about the background of
the company like the type of business conducted, year of commencement
of business, years of conducting the business through internet and the
primary reason for going online.
➢ Section – II
This section dealt with different categories of questions directly relating to
the objectives and hypothesis stated, the questions were further divided into
sub categories to ascertain in depth knowledge about the effectiveness of
each of the techniques used, and how it affects to generate the online traffic,
these sub categories are as follows:
• Marketing Budget
• Online Branding Strategies Adopted
• Strategies adopted for online customer acquisition
• Online Consumer Engagement Programs developed for retaining
the customers
• Use of Social Media as an effective marketing tool
• Identifying highly effective technique amongst the different online
techniques adopted to attract, increase and retain the online
customers
• Barriers in conducting online business
102
5.1 Method of Analysis
The analysis of the data was based on 5 point Likert scale system. Multiple choice
answer was provided for each question based on the scale so that the respondents
could record their opinions. The analysis of each question was undertaken and the
percentage was calculated. The percentage was then presented in tabular and
graphical forms, which has further aided the researcher to draw inferences.
Different statistical tools were also used to test the hypothesis, these are:-
• Friedman’s test was used to test the mean scores of various related factors.
• ANOVA was used to compare the statistical significance of difference of
the distribution of means across the three sectors.
• Chi-Square test was used to obatin statistical significance of difference in
the distribution of responses related to a specific aspect of online marketing.
103
5.2 Section -I (A)(Analysis of Questions)
5.4
11.7
47.5
14.3
21.1
104
Table 5.2: Distribution of business type
Business type No. of respondents % of respondents
Manufacturing 66 29.6
Construction 17 7.6
Services 140 62.8
Total 223 100.0
Manufacturing
Business type
Construction Services
0.4
29.6
62.8 7.6
105
(Part B)
Table 5.3: Distribution of responses related to the priority reason for going
online:
Reason Strongly Agree Not sure Disagree Strongly
Agree Disagree
N % n % n % N % N %
1. Possibility of 72 32.3 97 43.5 39 17.5 12 5.4 3 1.3
reduced costs
2. Possibility of 54 24.2 85 38.1 66 29.6 14 6.3 4 1.8
shortening of
supply chain
3. Establish 109 48.9 75 33.6 29 13.0 7 3.1 3 1.3
strong market
presence
4. Reach new 118 52.9 84 37.7 12 5.4 5 2.2 4 1.8
markets
5. To increase 113 50.7 90 40.4 12 5.4 4 1.8 4 1.8
customer
base
The marketers were asked to state their opinion about the reason to shift from
offline to online business, so as to analyse what drives the marketers to enter into
the digital world and also to ascertain the most important reason behind this
transition. They were asked to rate on Likert’s five point scale and their opinions
was then administered.
106
Priority reason for going online
120
Strongly Disagree Disagree Not sure Agree Strongly Agree
37.7 40.4
33.6
60
43.5
38.1
40
52.9 50.7
48.9
20
32.3
24.2
0
Possibility of Possibility of Establish strong Reach new To increase
reduced costs shortening of market presence markets customer base
supply chain
Figure 5.3: Distribution of responses related to the priority reason for going
online
107
Of 223 respondents, 109 (48.9%) strongly agreed and 3 (1.3%) strongly disagreed
for the reason ‘Establish strong market presence’ as a priority reason.
Of 223 respondents, 118 (52.9%) strongly agreed and 4 (1.8%) strongly disagreed
for the reason ‘Reach new markets’ as a priority reason.
Of 223 respondents, 113 (50.7%) strongly agreed and 4 (1.8%) strongly disagreed
for the reason ‘To increase customer base’ as a priority reason.
From the above table it is quite evident that majority of the responses i.e. 52.9% of
the marketers opted for going online due to the possibility of reaching wider and
newer markets, as there is no geographical constraints in conducting online
business, also the possibility of increasing the customer base is higher, due to the
stupendous growth of internet and in the number of online customers hence there
is a huge market to tap these potential customers and widen the customer base.
108
online
Yes
marketing research
No
49.8
50.2
109
Table 5.5: The purpose of undertaking online marketing research.
19.8
27
Consumer behavior
Customer feedback
Competitive benchmarking
20.8
Market segmentation
32.4
110
Table 5.6) The usefulness of the information collected through the marketing
research in designing the marketing strategies.
94.6
Figure 5.6) The usefulness of the information collected through the marketing
research in designing the marketing strategies
111
Table 5.7: Percentage of overall budget is currently spent for marketing.
30 26.5
25
17.9 20.2
20
15
10
5
0
Less than 1- 3% Less than 4-6% Less than 7-10% More than 10%
112
Table 5.8: The percentage change in the marketing budget as compared to last
year.
Percentage No. of respondents % of respondents
change in the marketing
budget
No change 34 15.2
decreased by 1-10% 9 4.0
decreased by 11-20% 90 40.4
Increased by 1-10% 74 33.2
Increased by 11-20% 16 7.2
Total 223 100.0
30
25
20
15.2
15
10 7.2
4
5
0
No change decreased by 1- decreased by 11- Increased by 1- Increased by 11-
10% 20% 10% 20%
113
Table 5.9: The effectiveness of the Online Branding Strategies adopted by the
company to enhance their brand image.
114
120
100
10.8
19.7 22.4
32.3
80 15.7 41.3
% of respondents
16.1
19.3
60 25.6
26.9
25.6
21.1
26.5
40 12.1
9.9 7.6 17.9
12.1
20
35.9 4.9 10.3
28.7 29.6
15.2 12.6
0
Content Creating videos Conducting Social Media E-mail Marketing
Marketing/ Use highlighting periodic Marketing
of blogs brand story webinars & (Facebook,
teleseminars WhatsApp etc.)
Least effective Moderately Effective More Effective
Highly Effective Very Highly Effective
Figure 5.9: The effectiveness of the Online Branding Strategies adopted by the
company to enhance the brand image.
Interpretation : The marketers were asked to state their opinion about the
branding strategies adopted by them to enhance their overall brand image, their
answers was ascertained on five point scale to understand the effectiveness of
various branding strategies and also to analyse which is the least effective and
which is highly effective. This could help the marketers to ascertain and develop
their marketing strategies accordingly to enhance their overall brand image. The
respondent companies were asked to give the level of agreement/disagreement for
each reason.
115
Of 223 respondents, (22.4%) rated Creating of videos that highlight the brand story
as very highly effective strategy and (29.4%) stated it as least effective.
Of 223 respondents, (10.8%) rated Conducting periodic webinars and tele seminars
as very highly effective strategy and (35.9%) rated it as least effective branding
strategy.
Of 223 respondents, (41.3%) rated Social media marketing as very highly effective
strategy and (15.2%)rated it as least effective strategy.
From the above table it is quite evident that majority of the responses 41.3% find
Social Media marketing strategy as the most highly effective branding strategy to
enhance the overall brand image of the company
116
Table 5.10: The Online Marketing Strategy preferred to reach/ acquire new
leads /new customers.
117
Preference For Online Marketing Strategy
120 Highly preferred Slightly preferred Moderate
Slightly not preferred Least preferred
100
7.2
17.9 17
12.6
80 36.8 33.2 33.2
% of respondents
42.2
22.9 23.8 24.7
60 16.1
9 24.7 26
21.5
26.5 27.4
40 19.7
7.6 15.7 18.4
6.3 9.4
47.5 12.1
20 9 7.6
30 4
25.6 21.5
14.3 13.9 14.8
0
Figure 5.10: The Online Marketing Strategy preferred to reach and acquire
new leads /new customers.
Of 223 respondents, (17.9%) highly prefer Multi Channel Marketing and (30%)
least prefer this strategy.
Of 223 respondents, (7.2%) highly prefer Affiliate marketing and (47.5%) least
prefer it.
Of 223 respondents, (17%) highly prefer Content marketing and (25.6%)of the
respondents least prefer it.
Of 223 respondents, (42.2%) highly prefer Social media marketing and (14.3%)
respondents least prefer.
118
Of 223 respondents, (36.8%) highly prefer E-mail marketing and (13.9%) of the
respondents least prefer it.
Of 223 respondents (33.2%) highly prefer Search Engine Marketing and (14.8%)
least prefer it.
Of 223 respondents (33.2%) highly prefer Pay-per click advertising and (21.5%)
least preferred.
From the above table it is quite evident that majority of the respondent 42.2% prefer
Social Media marketing followed by E-mail marketing (!3.9%) to reach and acquire
new leads and prospective online customers.
Table 5.11: The online marketing technique preferred to convert a lead into a
customer.
119
Online marketing technique preferred to convert a lead into a
customer
120
Highly preferred Slightly preferred Moderate
Slightly not preferred Least preferred
100
48
60
18.4
20.6
40 22 22
20.2 27.4
13.9 14.8
20
6.7 8.5 6.3 6.7
11.2 7.6 10.8 10.3
0
E-mail Marketing Mobile Marketing Social Media Search Engine
Marketing Marketing
Figure 5.11: The online marketing technique preferred to convert a lead into
a customer.
Interpretation: Once the company reaches out to the online customers through
the various channels and social media platforms, it is necessary to analyse which
of the marketing techniques are important to convert the prospective customer into
an actual buyer, the challenge that now lies is to convert this prospect into the
customer and generate online sales. The above table thus reflects the highly
preferred strategies adopted by the online marketers.
Of 223 respondents, (41.3%) highly prefer E-mail marketing to convert a lead into
a customer and (11.2%) least prefer.
Of 223 respondents, (48%) highly prefer Mobile marketing and (7.6%) least prefer.
Of 223 respondents, (46.1%) highly prefer Social Media Marketing and (10.8%)
least prefer.
Of 223 respondents, (37.2%) highly prefer Search Engine marketing and (10.3%)
least prefer.
From the table it is quite evident that majority of the respondents (48%) highly
prefer Mobile marketing when it comes to converting a prospect into a customer.
120
Table 5.12: The average time period taken for a lead to convert into a
customer.
Average time No. of respondents % of respondents
Less than 1 month 106 47.5
1 month - 2 months 59 26.5
2months - 3months 32 14.3
3 months – 6 months 20 9.0
More than 6 months 6 2.7
Total 223 100.0
35
30 26.5
25
20
14.3
15
10 9
5 2.7
0
Less than 1 1 month - 2 2months - 3 months – 6 More than 6
month months 3months months months
Figure 5.12: The average time period taken for a lead to convert into a
customer.
Interpretation: From the above table 47.5% of the marketers require less
than 1 month to convert a lead generated from different marketing strategies to
convert the prospects into a customer, 26.5% of respondents take 1 – 2 months,
14.3% take 2 months- 3months, 9% take 3 months – 6 months, and 2.7% take more
than 6 months.
121
Table 5.13: The preference for various Online Customer Engagement
Programs in retaining customers.
Acquiring a new customer is ten times costlier (Durkasree, P, 2011) than retaining
an old customer, it is therefore necessary to formulate different customer
engagement programs to engage and retain them. There are various customer
engagement programs to engage the customers with the companies website,
products and web page, it is important to analyse which of the programs are more
preferred by the online marketers. Thus the respondent marketers were asked to
rate their preference for each of the online customer engagement programs to retain
the customers.
122
Online Customer Engagement Programs are preferred in
retaining customers
100
7.6 6.6
5.4 20.2
10.3
13.5
% of respondents
80 43
17.9 47.6
13.5
60 9.9 41.3
17.5
40 17.9
61 19.3 16.1
54.3 16.6
20 4.5 4.9
4.9
13 15.7 17.5
0
Contest Newsletters / Games / Quiz Multimedia Content
Regular updates Marketing Marketing
(audio/Video)
Interpretation:
Of 223 respondents, 17 (7.6%) highly prefer Contests and 121 (54.3%) least prefer.
Of 223 respondents, 15 (6.6%) highly prefer games and quiz whereas 136
respondents (61%) least prefer them.
Of 223 respondents, 96 (43%) highly prefer Multi media marketing through audio
and video whereas 35 respondents (15.7%) least prefer it.
From the above table it is evident that newsletter updates prove to be highly
preferred in engaging the online customers. Constant updates and information
123
about the products keep the customers updated and informed about the new stock
offering and keeps them engaged with continuous feeds.
Table 5.14: The most effective web analytics for measurement of customer
engagement programs for retaining online customers.
124
120
Very Highly Effective Highly Effective More Effective
Moderately Effective Least effective
100
15.2
19.7
36.4
80 35.8
41.8
47.5
% of respondents
36.8
60 37.2
20.2
23.8
31.8
40 25.6
29.1
25.6 28.7
26
20
18.8 19.3
8.1
9.4 6.3
7.2
9 3.1 2.7 10.8
8.1 6.7 4.5 4.9
0
Page Views Likes & Search Sales Leads Product Tracking
Comments keywords reviews through
Navigation
paths
Figure 5.14: The most effective on-line activities as a measure of success for
Customer Engagement Programs/ Retention of Customers.
Of 223 respondents, (19.7%) rated Page views as very highly effective technique
and (8.1%) rated it as least effective.
Of 223 respondents, (36.4%) rated Likes and Comments as very highly effective
technique and (6.7%) rated it as least effective.
125
Of 223 respondents, (41.8%) rated sales leads as very highly effective technique
and (4.5%) rated it as least effective.
Hence it can be concluded that Product reviews are very highly effective web
analytics to measure the success of the consumer engagement programs devised by
the marketers to retain the online customers.
126
Table 5.15: The use of social media in one form or other to leverage the
business.
9.9
Yes
No
90.1
Figure 5.15: The use of social media in one form or other to leverage the
business.
Interpretation : Majority of the respondents 73.5 percent stated that they use
social media in one form or other to leverage their business. Only 26.5 percent said
that they do not use social media to leverage their business. It is quite evident from
the above table that social media is gaining momentum and plays a very vital role
in the growth and expansion of online business.
127
Table 5.16: The percentage of marketing budget spent on social media
initiatives.
5.9
4.9
1 - 10%
15.7 10% - 20%
20% - 30%
More than 30%
73.5 Nothing
128
Table 5.17: The opinion regarding main objective of Social Media Platforms.
The researcher wanted to know the main aim of using social media platforms, as it
would aid the marketers to develop their social media strategies accordingly.
40
35.9
35 31.9
30
% of respondents
25 21.9
20
15
10.3
10
0
Creation of Brand Customer Engagement Generate sales leads Build community
Awareness / Retention advocates
Figure 5.17: The opinion regarding main objective of Social Media platforms.
129
Table 5.18: The perspective regarding the increase in revenue from social
media engagements.
35.8
51.6
12.6
Figure 5.18: The perspective regarding the increase in revenue from social
media engagements.
130
Table 5.19 The amount of increase in revenue from social media
engagements.
The companies which were able to see an increase in their social media
engagements were further ask to respond to the quantum of increase in revenue
generated from social media engagements.
15.7
44.3
37.4
Interpretation: From the above given table 44.3 percent respondents have
seen 1- 10% increase in revenue, 37.4 % have seen 11% -25% increase, 15.7
percent of respondents have seen 26%- 50% increase and 2.6 percent have seen a
whooping increase of above 50 percent increase in revenue from social media
engagements like regular updates, contests, quiz and others.
131
Table 5.20: The platforms preferred for social media marketing efforts.
60
50 45.3
38.1 36.8
40 30
30
20
7.2
10
0
Facebook Twitter YouTube Instagram Blogs Pinterest
Figure 5.20: The platforms preferred for social media marketing efforts.
Interpretation:
Out of 223 respondents, 78.5 percent prefer facebook as a platform for their social
media marketing efforts.
Out of 223 respondents, 45.3 percent prefer YouTube as a social media platform to
market their products.
Out of 223 respondents, 38.1 percent prefer Instagram for social media marketing.
Out of 223 respondents, 36.8 percent prefer blogs as a social media platform to
market their product.
132
Out of 223 respondents, 30 percent prefer twitter for their social media marketing
efforts.
Out of 223 respondents, 7.2 percent prefer Pinterest for their social media
marketing effrorts.
17
83
133
the marketers must reap this opportunity by formulating strategies to tap the
customers who purchase online through their mobile phones.
40
31.4
30
20
14.3
10
0
Rapid changing Lesser use of online Insecurity on part of Logistic Management
technology payment facilities customers Problems
134
Out of 223 respondents, 50.7 percent perceived rapid changing technology as a
major barrier, as they are not able to cope up with the new technologies that emerge
making the old strategies defunct.
Out of 223 respondents, 47.1 percent stated insecurity on the part of the customers,
rise of online frauds and lack of strict legal framework, has resulted in this barrier.
Out of 223 respondents, 31.4 percent of the respondents felt lesser use of online
payment facility as a hurdle in conducting online business. Though with
digitization there has been a rise in cashless transactions and opening of different
payment avenues, it still remains a barrier.
Out of 223 respondents, 14.3 percent cited Logistic management as another barrier
in conducting online business.
135
Perspective regarding growth parameters
100
27.5 19.3
31.8
80 37.3
% of respondents
30
60
30.9
38.6
34.5
40
39
30.9
20
23.3 21.5
6.7 8.1
4.5 4
0 4 3.6 1.8 2.7
Sales Net Profits Customer Base Overall Growth of the
Organisation
Sales : a sizeable number of companies(27.5%) have said that there has been a
significant increase in their sales, 30.9% have said it has increased whereas other
30.9% were neutral, 6.7% respondents said that the sales had decreased after
implementation of online marketing due to intense competition and volatility of the
market the remaining 4% respondents were of the opinion that their sales
significantly decreased as they faced a lot of bottlenecks in logistic management.
136
Net Profit : 19.3% of respondents were of the opinion that their net profits
significantly increased after the implementation of online marketing, 30% said that
their net profits increased, 39% were neutral and didn’t wanted to respond
considering the confidentiality, 8.1% said their net profits decreased whereas 3.6%
were of the opinion that their net profits significantly decreased, one of the reason
was wrong implementation of the online strategies and inadequate online market
research.
Customer Base : 31.8% of the respondents said that their customer base had
significantly increased after implementation of the online marketing, 38.6% also
were of the opinion that they have seen an increase in customer base, 23.3% were
neutral due to confidential aspect, 4.5% said their customer base decreased due to
varied product choices available online creating a tough competition, and online
marketing being a new platform for them it was difficult to entice the customers.
1.8% were also of the opinion that their customer base significantly decreased.
It is quite evident from the above table that online marketing has helped the
marketers in overall growth of their company and has generated profits.
Considering this there has been a paradigm shift from offline market to online
market so as to capitalise this growing segment.
137
Table 5.24: The distribution of perspective regarding the reasons of growth of
Online Marketing in future.
138
Perspective regarding the reasons of
growth
120
Strongly Disagree Disagree Not sure Agree Strongly Agree
1.9
100 1.3 1.8 1.3 3.2 2.3
0.9 2.7 2.2
8.6 4.5
19.3
23.3 19.7
80 29.6
31.4
% of respondents
60 31.9
31.8
36.8 21.9
40
72.6
45.3
20 41.7
29.1 34.9
0
Internet and Television will Increasing trend Traditional Ease of tracking
mobile users are also be internet of digitalization marketing costs success or
increasing based are increasing failure is easier
through online
marketing
Interpretation :
Out of 223 respondents, 72.6 percent strongly agree that the constant growth of
Internet and Mobile users will lead to an increase in Online marketing as the
customers are now connected 24x7 and are easily accessed if the right online
marketing tool is formulated. This has provided a great opportunity for the
companies to do online business. Only 1.9 percent marketers have strongly
disagreed.
139
Out of 223 respondents, 45.3 percent of the respondents feel that the increasing
trend of digitalization will further lead to the growth of Online marketing in the
coming years as different payment avenues have opened which will be an added
advantage to the online business. 1.3 percent have strongly disagreed.
Out of 223 respondents, 41.7 percent have strongly agreed that ease of tracking the
success or failure will fuel in growth of Online marketing, with different web
analytics it has become easy to measure the conversion and retention of customers.
Only 2.3 percent have strongly disagreed.
Out of 223 respondents, 34.9 percent have strongly agree that the rising cost of
traditional marketing will lead to a paradigm shift of business into online mode.
Out of 223 respondents, 29.1 percent strongly agree that the online marketing will
grow even bigger due to television being internet based.
140
5.3 PART - B
TESTING OF HYPOTHESIS
HYPOTHESIS -1 :
141
Distribution of Mean Agreement Scores for
4.50
Various Reasons
4.38 4.36
4.40
4.26
4.30
4.20
4.10 4.00
4.00
Mean Score
3.90
3.77
3.80
3.70
3.60
3.50
3.40
Reach new To increase Establish strong Possibility of Possibility of
markets customer base market presence reduced costs shortening of
supply chain
142
Comments:
Hypothesis 1.2
143
Table 5.26) Distribution of mean score of agreement on various reasons for
going online (across various sectors).
Score of Agreement ANOVA (F
Test)
Manufacturing Construction Service
(n=66) (n=17) (n=140)
Reason Mean SD Mean SD Mean SD F- P-
Value value
Possibility 3.83 0.76 3.94 1.30 4.09 0.92 1.755 0.175
of reduced
costs
Possibility 3.71 0.76 3.29 1.40 3.85 0.95 2.802 0.063
of
shortening
of supply
chain
Establish 4.14 0.84 4.12 1.22 4.33 0.88 1.252 0.288
strong
market
presence
Reach 4.35 0.73 4.18 1.18 4.41 0.83 0.668 0.514
new
markets
To 4.23 0.89 4.35 0.70 4.43 0.79 1.373 0.255
increase
customer
base
All 4.05 0.54 3.98 0.90 4.22 0.53 2.336 0.099
reasons
combined
P-value by ANOVA test. P-value<0.05 is considered to be statistically
significant. Higher mean score indicates higher perception towards the reason
mentioned and vice-versa.
144
Distribution of Mean Agreement Scores
for Various Reasons Across Various
Manufacturing
Sectors
Construction Service
5
3.5 3.29
3
Mean Score
2.5
1.5
0.5
0
Possibility of Possibility of Establish Reach new To increase All reasons
reduced costs shortening of strong market markets customer base combined
supply chain presence
145
Decision Based on Statistical Analysis: We Reject Alternative Hypothesis (H1)
and Accept Null Hypothesis (H0) at 5% Level of Significance (LOS).
Comments:
1) Distribution of agreement scores for going online did not differ significantly
for all reasons (composite score) across group of respondents from various
sectors (P-value>0.05).
2) The distribution of mean agreement score for going online for various
reasons did not differ significantly between the customers from
manufacturing, construction and service sectors (P-value>0.05 for all).
3) The distribution of all reasons to go online were approximately similar for
the respondents from all three sectors in the study group.
HYPOTHESIS -2 :
146
Table 5.27) Distribution of mean score of perception of effectiveness of various
branding strategies for enhancing the brand image (Overall respondents).
Score of Friedman’s Test
Agreement
Strategy Mean SD Test Statistic P-
Value value
Content Marketing/ Use of 2.88 1.48 127.25 0.001
blogs
Creating videos highlighting 2.97 1.54
brand story
Conducting periodic 2.53 1.39
webinars & teleseminars
Social Media Marketing 3.74 1.43
(Facebook, WhatsApp etc.)
E-mail Marketing 3.56 1.36
P-value by Friedman’s test. P-value<0.05 is considered to be statistically
significant. Higher mean score indicates higher perception towards the
effectiveness of various strategies and vice-versa.
147
Distribution of Mean Perception Scores for
3.74
Various Branding Strategies
4 3.56
3.5
2.97 2.88
3
2.53
2.5
Mean Score
2
1.5
1
0.5
0
Social Media E-mail Marketing Creating videos Content Marketing/ Conducting periodic
Marketing highlighting brand Use of blogs webinars &
(Facebook, story teleseminars
WhatsApp etc.)
Comments:
148
2) The distribution of mean perception score of effectiveness is significantly
higher for the strategies like Social Media Marketing (Facebook, WhatsApp
etc.) and E-mail Marketing.
3) The distribution of mean perception score of effectiveness is significantly
lower for a strategy like Conducting periodic webinars & teleseminars (P-
value<0.001).
4) The distribution of mean perception score for various branding strategies in
the high to low order was mean score 3.74 for Social Media Marketing
(Facebook, WhatsApp etc.), mean score 3.56 for E-mail Marketing, mean
score 2.97 for Creating videos highlighting brand story, mean score 2.88 for
Content Marketing/ Use of blogs and mean score 2.53 for Conducting
periodic webinars & teleseminars.
HYPOTHESIS 2.2
149
Table 5.28) Distribution of mean score of perception of effectiveness of various
branding strategies for enhancing the brand image (across various sectors).
Score of Agreement ANOVA (F
Test)
Manufacturing Construction Service
(n=66) (n=17) (n=140)
150
Distribution of Mean Peception Scores for
Various Branding Strategies
Manufacturing Construction Service
5
4.5 4.29
4.12 4.06
4 3.7
3.44 3.53
3.5 3.12 3.35 3.27
3.07 3.1
3 2.82 2.77 2.75
Mean Score
2.61 2.62
2.42
2.5 2.27
1.5
0.5
0
Content Creating videos Conducting Social Media E-mail Marketing All strategies
Marketing/ Use of highlighting brand periodic webinars Marketing combined
blogs story & teleseminars (Facebook,
WhatsApp etc.)
151
Comments:
152
HYPOTHESIS 3 :
In order to identify the preference of online marketing strategy to acquire new leads
and customers the following hypothesis was constructed.
153
Distribution of Mean Preference
Scores for Various On-Line Marketing
4 3.79
3.61 3.55 Strategies
3.5 3.3
3.01 2.91
3
Mean Score
2.5 2.23
1.5
0.5
Comments:
154
2) The distribution of mean preference score of online marketing strategy such
as Social Media Marketing and E-mail Marketing is significantly higher.
3) The distribution of mean preference score of effectiveness is significantly
lower for a online marketing strategy Affiliate Marketing (P-value<0.001).
4) The distribution of mean preference score for various on-line marketing
strategies to reach/acquire new leads /new customers in the high to low
order was mean score 3.79 for Social Media Marketing, mean score 3.61
for E-mail Marketing, mean score 3.55 for Search Engine Marketing, mean
score 3.30 for Pay-per-click Advertising, mean score 3.01 for Content
Marketing, mean score 2.91 for Content Marketing/ Use of blogs and mean
score 2.53 for Multi-Channel Marketing and mean score 2.23 for Affiliate
Marketing.
HYPOTHESIS 3.2
To test the preference of online marketing strategy to acquire new leads and
customers by the online marketers from various sectors.
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Table 5.30) Distribution of mean preference score for various strategies to
reach/acquire new leads /new customers (across various sectors).
Score of Preference ANOVA (F
Test)
Manufacturing Construction Service
(n=66) (n=17) (n=140)
Strategy Mean SD Mean SD Mean SD F- P-
Value value
Multi- 2.53 1.34 3.76 1.20 2.99 1.54 5.305 0.006
Channel
Marketing
Affiliate 2.09 1.27 2.59 1.06 2.25 1.41 0.967 0.382
Marketing
Content 2.73 1.36 2.94 1.29 3.16 1.45 2.093 0.126
Marketing
Social 2.80 1.53 4.47 0.72 4.17 1.14 29.714 0.001
Media
Marketing
E-mail 3.65 1.39 4.24 0.90 3.52 1.46 1.986 0.140
Marketing
Search 3.52 1.29 3.41 1.33 3.59 1.46 0.148 0.863
Engine
Marketing
Pay-per- 3.21 1.70 3.00 1.22 3.38 1.49 0.612 0.543
click
Advertising
All 2.93 0.85 3.49 0.66 3.29 0.82 5.468 0.005
strategies
combined
P-value by ANOVA test. P-value<0.05 is considered to be statistically
significant. Higher mean score indicates higher perception towards the reason
mentioned and vice-versa.
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Distribution of Mean Preference Scores
for Various On-line Marketing Strategies
2.25
2.09
2
1.5
0.5
157
Decision Based on Statistical Analysis: We Reject Null Hypothesis (H0) and
Accept Alternative Hypothesis (H1) at 5% Level of Significance (LOS).
Comments:
158
HYPOTHESIS -4 :
Table 5.31) Distribution of mean preference score for various on-line customer
engagement programs in retaining customers (Overall respondents).
Score of Friedman’s Test
Agreement
Program Mean SD Test Statistic P-
Value value
Contest 2.07 1.35 304.811 0.001
Newsletters / Regular 3.82 1.41
updates
Games / Quiz 1.83 1.24
Multimedia Marketing 3.68 1.46
(audio/Video)
Content Marketing 3.42 1.34
P-value by Friedman’s test. P-value<0.05 is considered to be statistically
significant. Higher mean score indicates higher perception towards the
effectiveness of various strategies and vice-versa.
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Distribution of Mean Preference Scores
for Various On-Line Customer
4.5
Engagement Programs
4 3.82
3.68
3.42
3.5
Mean Score
2.5
2.07
2 1.83
1.5
0.5
0
Newsletters / Multimedia Content Contest Games / Quiz
Regular updates Marketing Marketing
(audio/Video)
Table 5.31) Distribution of mean preference score for various on-line customer
engagement programs in retaining customers (Overall respondents).
160
Comments:
HYPOTHESIS 4.1
161
Table 5.32) Distribution of mean preference score for various on-line customer
engagement programs in retaining customers (across various sectors).
Score of Preference ANOVA (F
Test)
Manufacturin Constructio Service
g (n=66) n (n=17) (n=140)
Program Mean SD Mean SD Mea SD F- P-
n Valu valu
e e
Contest 2.06 1.31 1.65 1.22 2.13 1.3 0.967 0.38
8 2
Newsletters / 3.50 1.46 3.88 1.54 3.96 1.3 2.485 0.08
Regular 5 6
updates
Games / Quiz 1.55 1.01 1.76 1.25 1.98 1.3 2.797 0.06
2 3
Multimedia 3.67 1.42 3.29 1.86 3.73 1.4 0.675 0.51
Marketing 2 0
(audio/Video
)
Content 3.52 1.15 2.88 1.58 3.44 1.3 1.545 0.21
Marketing 9 6
All programs 2.86 0.73 2.69 1.01 3.05 0.8 2.198 0.11
combined 3 3
P-value by ANOVA test. P-value<0.05 is considered to be statistically
significant. Higher mean score indicates higher perception towards the reason
mentioned and vice-versa.
162
Distribution of Mean Preference Scores
for Various On-line Customer
Engagement Programs
4.5 Manufacturing Construction Service
4 3.883.96
3.67 3.73
3.5 3.52 3.44
3.5 3.29
3.05
3 2.88 2.86
2.69
Mean Score
2.5
2.06 2.13 1.98
2 1.76
1.65
1.55
1.5
0.5
0
Contest Newsletters / Games / Quiz Multimedia Content All programs
Regular updates Marketing Marketing combined
(audio/Video)
163
Decision Based on Statistical Analysis: We Reject Alternative Hypothesis (Ha)
and Accept Null Hypothesis (H0) at 5% Level of Significance (LOS).
Comments:
164
HYPOTHESIS -5 :
To test the preference of various social media platforms among the online marketers
the following hypothesis was constructed and tested.
There is no significant difference in the preference for the social media platforms
among the online marketers.
There is a significant difference in the preference for the social media platforms
among the online marketers.
(Overall respondents).
Preference given (multiple One-Sample Chi-
preference) Square Test
Platform N % Test Statistic P-
Value value
Facebook 175 78.5 152.93 0.001
Twitter 67 30.0
YouTube 101 45.3
Instagram 85 38.1
Blogs 82 36.8
Pinterest 16 7.2
P-value by One-sample Chi-Square test. P-value<0.05 is considered to be
statistically significant.
165
Distribution of Preference for Various Social Media
Platforms
90.00
78.50
80.00
70.00
% of respondents
60.00
50.00 45.30
38.10 36.80
40.00
30.00
30.00
20.00
10.00
0.00
Facebook YouTube Instagram Blogs Twitter
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Comments:
167