Is Advertisement a Valid Tool to Increase Sales: A Study of Indian Manufacturing Companies

Article ID

M6P9E

Is Advertisement a Valid Tool to Increase Sales: A Study of Indian Manufacturing Companies

Dr. Sanchita
Dr. Sanchita GGSIP University
Dr. Gagan Deep Sharma
Dr. Gagan Deep Sharma
DOI

Abstract

The paper studies the inter-relationship between advertisement expenditure, sales and profit. Taking ten-year data (2005-06 to 2014-15) of twenty manufacturing companies indexed in NSE’s NIFTY, the study applied various models including descriptive study, correlation and regression. The tools used (Regression and Correlation) clearly show that there is a significant relationship between advertisement expenditure, sales and profit. The study concludes that there is a one-sided relationship between advertisements, sales and profit wherein advertisement expenditure positively impacts the sales and profit of the business in case of Indian manufacturing companies.

Is Advertisement a Valid Tool to Increase Sales: A Study of Indian Manufacturing Companies

The paper studies the inter-relationship between advertisement expenditure, sales and profit. Taking ten-year data (2005-06 to 2014-15) of twenty manufacturing companies indexed in NSE’s NIFTY, the study applied various models including descriptive study, correlation and regression. The tools used (Regression and Correlation) clearly show that there is a significant relationship between advertisement expenditure, sales and profit. The study concludes that there is a one-sided relationship between advertisements, sales and profit wherein advertisement expenditure positively impacts the sales and profit of the business in case of Indian manufacturing companies.

Dr. Sanchita
Dr. Sanchita GGSIP University
Dr. Gagan Deep Sharma
Dr. Gagan Deep Sharma

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Dr. Sanchita. 2016. “. Global Journal of Management and Business Research – E: Marketing GJMBR-E Volume 16 (GJMBR Volume 16 Issue E2): .

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Issue Cover
GJMBR Volume 16 Issue E2
Pg. 41- 48
Classification
GJMBR-E Classification: JEL Code: M37
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Is Advertisement a Valid Tool to Increase Sales: A Study of Indian Manufacturing Companies

Dr. Sanchita
Dr. Sanchita GGSIP University
Dr. Gagan Deep Sharma
Dr. Gagan Deep Sharma

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