Research on festival effect and promotion strategy of Baijiu marketing in hypermarket

Aiming at the festival effect of Baijiu marketing, based on the two-year sales log data of FX Baijiu in hypermarket, the significance test of daily average sales differences between festivals and non-festivals was carried out by Wilcoxon's sign rank test method. The significance test of differe...

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Main Author: LI Mingyu
Format: Article
Language:English
Published: Editorial Department of China Brewing 2024-06-01
Series:Zhongguo niangzao
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Online Access:https://manu61.magtech.com.cn/zgnz/fileup/0254-5071/PDF/0254-5071-2024-43-6-264.pdf
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author LI Mingyu
author_facet LI Mingyu
author_sort LI Mingyu
collection DOAJ
description Aiming at the festival effect of Baijiu marketing, based on the two-year sales log data of FX Baijiu in hypermarket, the significance test of daily average sales differences between festivals and non-festivals was carried out by Wilcoxon's sign rank test method. The significance test of differences in average daily sales in different seasons was conducted with Spearman correlation coefficient and Kruskal-Wallis test from four dimensions of product characteristic factors. The results showed that the Baijiu marketing in hypermarket had significant festivals effects on the Spring festival, Mid-autumn festival, National Day and New Year's day, but its effect degree varied with different festival and product characteristics. The dispersive influence of Chinese Baijiu culture led to different festival atmospheres blending into different Baijiu consumption characteristics. On this basis, the promotion strategies based on festival effect were put forward. This study expanded the theoretical research of marketing and supply chain management, and could provide decision-making reference for enterprises to improve sales performance and avoid out of stock or bullwhip effect.
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spelling doaj-art-68c3e66b1d134d11b56d0952dada5cbb2025-08-20T02:11:05ZengEditorial Department of China BrewingZhongguo niangzao0254-50712024-06-0143626427010.11882/j.issn.0254-5071.2024.06.041Research on festival effect and promotion strategy of Baijiu marketing in hypermarketLI Mingyu0School of Economics and Management, Liaoning University of Technology, Jinzhou 121001, ChinaAiming at the festival effect of Baijiu marketing, based on the two-year sales log data of FX Baijiu in hypermarket, the significance test of daily average sales differences between festivals and non-festivals was carried out by Wilcoxon's sign rank test method. The significance test of differences in average daily sales in different seasons was conducted with Spearman correlation coefficient and Kruskal-Wallis test from four dimensions of product characteristic factors. The results showed that the Baijiu marketing in hypermarket had significant festivals effects on the Spring festival, Mid-autumn festival, National Day and New Year's day, but its effect degree varied with different festival and product characteristics. The dispersive influence of Chinese Baijiu culture led to different festival atmospheres blending into different Baijiu consumption characteristics. On this basis, the promotion strategies based on festival effect were put forward. This study expanded the theoretical research of marketing and supply chain management, and could provide decision-making reference for enterprises to improve sales performance and avoid out of stock or bullwhip effect.https://manu61.magtech.com.cn/zgnz/fileup/0254-5071/PDF/0254-5071-2024-43-6-264.pdfbaijiu|marketing|hypermarket|festival effect|promotion strategy
spellingShingle LI Mingyu
Research on festival effect and promotion strategy of Baijiu marketing in hypermarket
Zhongguo niangzao
baijiu|marketing|hypermarket|festival effect|promotion strategy
title Research on festival effect and promotion strategy of Baijiu marketing in hypermarket
title_full Research on festival effect and promotion strategy of Baijiu marketing in hypermarket
title_fullStr Research on festival effect and promotion strategy of Baijiu marketing in hypermarket
title_full_unstemmed Research on festival effect and promotion strategy of Baijiu marketing in hypermarket
title_short Research on festival effect and promotion strategy of Baijiu marketing in hypermarket
title_sort research on festival effect and promotion strategy of baijiu marketing in hypermarket
topic baijiu|marketing|hypermarket|festival effect|promotion strategy
url https://manu61.magtech.com.cn/zgnz/fileup/0254-5071/PDF/0254-5071-2024-43-6-264.pdf
work_keys_str_mv AT limingyu researchonfestivaleffectandpromotionstrategyofbaijiumarketinginhypermarket