本篇Essay代写-Experiment to increase supermarket sales of national magazine讲了通过以往的文献研究,本文作者发现,没有人将Plackett-Burman实验方法应用于杂志的销售。因此,他们在过去的文学作品中设计了一种使用这种方法的实验。本篇essay代写由51due代写平台整理,供大家参考阅读。
Review on “A Plackett-Burman Experiment to increase supermarket sales of national magazine”
Having researched through previous literature, the authors of this article found that nobody has applied the Plackett-Burman experiment method on the sales of magazines. Therefore, they designed an experiment using this method after going over the past literary works. They went to gather data in stores and listed ten factors such as rack on cooler in produce aisle, location on checkout aisle, number of pockets on main racks and etc. to conduct the research. In short, those factors covered topics such as location, price, number, and arrangement of those magazines. At last, the result should by what percentage each factor increased the sales revenue of a certain magazine. It turned out that by placing the magazine on top of the refrigerated case in the produce section can boost sales by 9.97% and this is the most influential factor among the ten tested factors. The worst of the ten factors increased sales by 0.44% and that factor is oversized card insert. Then the authors discussed some points for improvement and further research. In short, the paper provided useful data and ideas for stores to generate higher sales for magazines.
I am most impressed by the result saying that unarranged shelves actually allowed sales to increase by 8.71%. I believe that employees and bosses at the supermarket should be happy to hear this because it means more work for them. On top of the explanation that they provided, I believe that if I were the customer, I would not be looking for standardized arrangements of books such as what you would find by walking into a library. If I am a magazine lover, I would not be confined to the rules and would go for the more fashion and creative designs and arrangements. In fact, the authors themselves were surprised at their findings. So one suggestion that I make here is to come up with more creative thoughts such as this one. Although they might be counterintuitive, you may never know the results until you have tried.
Following this thought, one might also try to let the cashier say a word or two about a particular magazine and ask “would you like to purchase XXX magazine”? I have found that in some fast food restaurants in China, they often ask “do you want XXX” (a certain promotional item). Although I have never done a research to see how much revenue that this method could increase, it should be worth a try. I understand that for a supermarket that sells a lot of items, it would be unrealistic for the cashier to ask this question for just one particular item. However, if we do not consider about implementation problems, this method can be tried.
Speaking of implementation problems, the authors stated that they need to take the implementation costs into consideration. So whether those findings could be actually applied to those stores is another problem. To conduct a comprehensive feasibility test means to calculate the time saved by employees to make arrangements, the cost associated with relocating some of the shelves and etc. If the marginal cost exceeds the marginal benefit that was found in this paper, then those findings could not be implemented in stores.
Apart from the surprising results that worked, I am also surprised at the factors that did not turn out to be significant. I would like to hear more explanations from the authors on why they believe that on-shelf advertisement, rack advertisement, ad grocery-divider advertisements differed significantly in results. What are some of the differences between those advertisements and what made the grocery-divider ad factor significant while the others were not? Personally, I would also buy the magazine if I were presented with multiple copies of discount. I am the kind of person who is always attracted by discounts and coupons. I would definitely buy magazines with my favorite celebrity on it. However, if I see a coupon on a magazine with other materials that would make me indifferent about buy or not buying, a coupon would largely increase my changes of buying. If possible, further studies could be done on why those other factors were not useful because I believe that the reasons could also be interesting. They might also provide more ideas in both marketing and psychological fields.
One question I have regarding the experiment is how they selected their data. They eliminated the new stores and those with poor performances and etc. At last, they were left with only the stores that were suitable for the experiment. They gave explanations on the possibility of selection bias due to the way how they retrieved their data. However, I would like to know whether this experiment can be done in such a way that the stores were chosen randomly. Or put it in other words, if the stores were chosen randomly, would the conclusion of the experiment still be valid?
Overall, this is a very practically paper in that it provided ways for stores to increase magazine sales.
要想成绩好,英国论文得写好,51due代写平台为你提供英国留学资讯,专业辅导,还为你提供专业英国essay代写,paper代写,report代写,需要找代写的话快来联系我们51due吧。—Ace
Review on “A Plackett-Burman Experiment to increase supermarket sales of national magazine”
Having researched through previous literature, the authors of this article found that nobody has applied the Plackett-Burman experiment method on the sales of magazines. Therefore, they designed an experiment using this method after going over the past literary works. They went to gather data in stores and listed ten factors such as rack on cooler in produce aisle, location on checkout aisle, number of pockets on main racks and etc. to conduct the research. In short, those factors covered topics such as location, price, number, and arrangement of those magazines. At last, the result should by what percentage each factor increased the sales revenue of a certain magazine. It turned out that by placing the magazine on top of the refrigerated case in the produce section can boost sales by 9.97% and this is the most influential factor among the ten tested factors. The worst of the ten factors increased sales by 0.44% and that factor is oversized card insert. Then the authors discussed some points for improvement and further research. In short, the paper provided useful data and ideas for stores to generate higher sales for magazines.
I am most impressed by the result saying that unarranged shelves actually allowed sales to increase by 8.71%. I believe that employees and bosses at the supermarket should be happy to hear this because it means more work for them. On top of the explanation that they provided, I believe that if I were the customer, I would not be looking for standardized arrangements of books such as what you would find by walking into a library. If I am a magazine lover, I would not be confined to the rules and would go for the more fashion and creative designs and arrangements. In fact, the authors themselves were surprised at their findings. So one suggestion that I make here is to come up with more creative thoughts such as this one. Although they might be counterintuitive, you may never know the results until you have tried.
Following this thought, one might also try to let the cashier say a word or two about a particular magazine and ask “would you like to purchase XXX magazine”? I have found that in some fast food restaurants in China, they often ask “do you want XXX” (a certain promotional item). Although I have never done a research to see how much revenue that this method could increase, it should be worth a try. I understand that for a supermarket that sells a lot of items, it would be unrealistic for the cashier to ask this question for just one particular item. However, if we do not consider about implementation problems, this method can be tried.
Speaking of implementation problems, the authors stated that they need to take the implementation costs into consideration. So whether those findings could be actually applied to those stores is another problem. To conduct a comprehensive feasibility test means to calculate the time saved by employees to make arrangements, the cost associated with relocating some of the shelves and etc. If the marginal cost exceeds the marginal benefit that was found in this paper, then those findings could not be implemented in stores.
Apart from the surprising results that worked, I am also surprised at the factors that did not turn out to be significant. I would like to hear more explanations from the authors on why they believe that on-shelf advertisement, rack advertisement, ad grocery-divider advertisements differed significantly in results. What are some of the differences between those advertisements and what made the grocery-divider ad factor significant while the others were not? Personally, I would also buy the magazine if I were presented with multiple copies of discount. I am the kind of person who is always attracted by discounts and coupons. I would definitely buy magazines with my favorite celebrity on it. However, if I see a coupon on a magazine with other materials that would make me indifferent about buy or not buying, a coupon would largely increase my changes of buying. If possible, further studies could be done on why those other factors were not useful because I believe that the reasons could also be interesting. They might also provide more ideas in both marketing and psychological fields.
One question I have regarding the experiment is how they selected their data. They eliminated the new stores and those with poor performances and etc. At last, they were left with only the stores that were suitable for the experiment. They gave explanations on the possibility of selection bias due to the way how they retrieved their data. However, I would like to know whether this experiment can be done in such a way that the stores were chosen randomly. Or put it in other words, if the stores were chosen randomly, would the conclusion of the experiment still be valid?
Overall, this is a very practically paper in that it provided ways for stores to increase magazine sales.
要想成绩好,英国论文得写好,51due代写平台为你提供英国留学资讯,专业辅导,还为你提供专业英国essay代写,paper代写,report代写,需要找代写的话快来联系我们51due吧。—Ace