Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    data mining to find the right poly bag makers
    Using Data Analytics to Choose the Best Poly Mailer Bags
    12 Min Read
    data analytics for pharmacy trends
    How Data Analytics Is Tracking Trends in the Pharmacy Industry
    5 Min Read
    car expense data analytics
    Data Analytics for Smarter Vehicle Expense Management
    10 Min Read
    image fx (60)
    Data Analytics Driving the Modern E-commerce Warehouse
    13 Min Read
    big data analytics in transporation
    Turning Data Into Decisions: How Analytics Improves Transportation Strategy
    3 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Data Analysis Brings Different Sales Promotion in Festivals
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Big Data > Social Data > Data Analysis Brings Different Sales Promotion in Festivals
AnalyticsSocial Data

Data Analysis Brings Different Sales Promotion in Festivals

JessicaQiu
JessicaQiu
3 Min Read
SHARE
Christmas just passed, New Year is on the way again. One special offer for New Year comes after another. Nowadays, festivals seem to become the best excuse for all kinds of products promotion. Sales promotion in festivals also turns out to be the golden chance for emptying inventory and almost all brands are crowded on the road of promotion. But it’s getting harder and harder for suppliers to attract customers’ eye balls. In this case, what should enterprises do? How to make effective promotion plan?
Christmas just passed, New Year is on the way again. One special offer for New Year comes after another. Nowadays, festivals seem to become the best excuse for all kinds of products promotion. Sales promotion in festivals also turns out to be the golden chance for emptying inventory and almost all brands are crowded on the road of promotion. But it’s getting harder and harder for suppliers to attract customers’ eye balls. In this case, what should enterprises do? How to make effective promotion plan?

Currently, the main promotion mode is price competition. However, monotonous discounts, price reduction and gifts giving can’t bring much effectiveness. Most customers have ‘consumption fatigue’. Besides, drastic price cuts leave little profit for enterprises. According to marketing experts, real-time data is a must for enterprises to get more advantage. Useful information enables enterprises to make correct response for the ever-changing market. A recent analysis of XWH newspaper shows that 81% interviewees like to shop in Spring Festival and National Day. In addition, 14% trend following, 35% enterprises’ promotion and 50% holiday length are the factors which influence customers’ purchasing desire. Therefore, in order to make successful sales promotion strategy, detailed analysis to customers’ shopping habits and festival characteristics is inevitable.

Insights from these data really give good guide for enterprises’ promotion strategy. But how do you make the data tells you more? It’s definitely difficult for people who don’t have strong IT background or programming experience to conduct computing and analysis with traditional statistical computing tools. Emil Johansson took almost a year to complete his Lord of Rings Project due to lack of programming knowledge. Actually, with the help of an efficient statistical computing tool, time could be greatly reduced. He probably won’t take time to learn JavaScript and PHP if he knows that more flexible and efficient computing software like esProc and esCalc exist. Because, such kind of statistical computing tools are very easy to use and don’t require modeling beforehand. Users’ real-time and self-service analysis demands are satisfied easily in this way.

Data provides reliable basis for decision making and market occupation. Enterprises’ ability of getting accurate information through computing and analysis and work out smart promotion plan becomes the key factor in festival promotions.

 

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

data mining to find the right poly bag makers
Using Data Analytics to Choose the Best Poly Mailer Bags
Analytics Big Data Exclusive
data science importance of flexibility
Why Flexibility Defines the Future of Data Science
Big Data Exclusive
payment methods
How Data Analytics Is Transforming eCommerce Payments
Business Intelligence
cybersecurity essentials
Cybersecurity Essentials For Customer-Facing Platforms
Exclusive Infographic IT Security

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

With over 30 shopping-related APIs and 300+ mashups tagged…

1 Min Read

Are Only Crazy People Commenting About Brands in Social Media?

2 Min Read

3 Big Data Myths for Enterprises

5 Min Read

PAW: Completing the visitor targeting cycle

5 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

ai chatbot
The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
Chatbots
ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?