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Authorized to sell four (4) billion worth of plan units.
St. Peter Life Plans
with Money Back
ABOVE THE LINE MARKETING
THROUGH THE LINE MARKETING
St. Peter's Lifeplan and Chapels
Social Media Channels
BELOW THE LINE MARKETING
The leading deathcare companies include St.Peter Memorial Chapels, Loyola Memorial Chapels & Crematorium, Arlington, Nacional, Sanctuarium, and La Funeraria de Paz. For some reason, these companies are all located at Araneta Avenue, Quezon City.
LMCCI products and services cater to most needs and budgets. Funeral services are priced to suit any budget.
Aside from the casket, the package includes the following:
- Transfer of remains from hospital / house to LMCCI (within a radius of 25 kms.)
- Embalming using imported chemicals
- Beautification using imported make-up
- Four-day viewing at a First Class, Deluxe, Super Deluxe or Premier Chapel
- Delivery to interment site using the Loyola hearse
- Securing of permits
- Amenities
Arlington's Burial Packages are designed to take care of your family
during your hour of bereavement. They cover all your needs from the
moment your loved one is transferred to our care until he is brought
to his final resting place.
Their burial packages are inclusive of the use of our chapels for three
to five days viewing.
The caring and experienced professionals at Nacional Memorial Homes are here to support the families of the dearly departed. They offer a range of personalized services to suit your family’s wishes and requirements.
The study was focused and will tackle about the promotional strategies of St. Peter’s Lifeplan and Chapels. This sought to find out the contribution of each promotional strategies to consumer buying behavior.
This study aims to answer the research question: What is the effect of promotional strategies to consumer buying decision of plan holders of St. Peter’s Lifeplan and Chapels in Quezon City?
HYPOTHESIS
Ho: The promotional strategies of of St. Peter’s Lifeplan and Chapels have no significant effect to consumer buying behaviour.
Ha: The promotional strategies of of St. Peter’s Lifeplan and Chapels have significant effect to consumer buying behaviour.
SAMPLING TECHNIQUES
The sampling technique that will be used by the researchers for this study is Purposive Sampling. A purposive sampling technique is mainly using to know the view which is important with the particular problem of study to address the issue in the specified area (Jankowicz (2000).
The respondents who would accomplish the survey-questionnaire given by the researchers are as follows:
SAMPLE SIZE
The researchers will have thirty (30) survey respondents from every single branch of St. Peter’s Lifeplan and Chapels in Quezon City from its six (6) branches namely; Fairview, Novaliches, Roxas District, Mayon, Quezon Avenue, and Sangadaan.
VALIDITY AND RELIABILITY
The instrument used in this study is a researcher made instrument. Therefore, the instrument was validated by marketing experts. The researchers categorized the questionnaire into three (3) parts.
On the first part of the survey, the researchers will include all the factors under the three promotional strategies of St. Peter’s Lifeplan and Chapels. It includes:
For the second part of the survey questionnaire, the researchers will include five (5) statements which will assume and aim to analyze the buying behavior of the consumer of St. Peter’s Lifeplan and Chapels.
The researches aim to use Likert scale in designing the first and second part of the survey questionnaire to easily measure the effect of promotional strategies to consumer buying behavior.
Moreover, expectations and actual performance will be measured using the 5-point Likert scale whereby the higher numbers indicate higher level of expectation or perception. This will allow the researchers to measure the level of effect of Promotional Strategies of St. Peter’s Lifeplan and Chapels on consumer buying behavior. The table below was the weighted mean and the adjectival ratings.
On the other hand, a different scaling will used for the survey-questionnaire on the second part. This enabled the researchers to determine whether the promotional strategies have influenced the consumer buying behavior.
The third part of the questionnaire will sought to find out the profile of the respondents. The researchers made use of Dichotomous design for the profile of the respondents.
OPERATIONAL DEFINITION OF VARIABLES
For better understanding and interpretation of this study, the following terms are operationally defined.
OPERATIONAL DEFINITION OF VARIABLES
For better understanding and interpretation of this study, the following terms are operationally defined.
Consumer Buying Behavior. Is the sum total of a consumer's attitudes, preferences, intentions, and decisions regarding the consumer's behavior in the marketplace when purchasing a product or service. The study of consumer behavior draws upon social science disciplines of anthropology, psychology, sociology, and economics.
Promotional Mix. It is defined as the combination of the elements in promotional strategy such as personal selling, advertising, sales promotion, publicity and public relations.
ATL Promotion. ATL Marketing stands for Above The Line Marketing. This kind of marketing strategy has a very broad reach and is largely untargeted. This kind of marketing is mostly used for building brand awareness and goodwill.
TTL Promotion. TTL Marketing stands for Through the Line Marketing. This kind of marketing is really an integrated approach, where a company would use both ATL and BTL marketing methods to reach their customer base and generate conversions. This kind of marketing delivers both a wide reach and a focus on conversions.
BTL Promotion. BTL Marketing stands for Below The Line Marketing. This kind of marketing strategy targets specific group of people with focus. This kind of marketing is best for conversions and direct response.
The researchers will conduct the survey questionnaires at all branches of St. Peter’s Lifeplan and Chapels in Quezon City. The respondents would be asked if they are willing to answer the researchers’ survey questionnaire and after affirming the qualifying questions they shall proceed in answering the survey questionnaire while and or after purchasing a lifeplan package at the said branch.
The researchers shall use the following treatment based on the given problem of the study to process the data.
Frequency Distribution
A frequency distribution is intended to show how many instances there are of each value of a variable. This will be used by the researchers in the table presenting the data gathered from the respondents. This helped both the researchers and the readers in understanding the data. It is computed as:
Number of Classes = C 1+3.3log(n)
OR
Where:
n = the total number of observations in the data
Percentage
Percentages will be used to determine the relationship of the individual data with respect to the whole. This was used for the profile of the respondents.
P= __f_ X 100
N
Where:
P = percentage
f = frequency
N = no. of cases
This is a number or ratio expressed as a fraction of 100. It is often denoted using the percent sign “%”. This was used to determine the fraction of the group of respondents relative to the total number of
Respondents.
Arithmetic Mean
To determine the factors that will contribute to the consumer buying behavior the researchers will use the Mean. The mean is a kind of average. Instead of each data point contributing equally to the final mean, some data points contribute more “weight” than others. If all the weights are equal, then the weighted mean equals the arithmetic mean (the regular “average” you’re used to)
WA = TW/n
Where:
WA = Weighted Average
TW = Total Weight
n = Total Number of Respondents
Standard Deviation
To measure the dispersion of a set of data/of how spreads out numbers are from its mean, Standard Deviation will be used to find out the accuracy of the results. A standard deviation close to 0 indicates that the data points tend to be very close to the mean (also called the expected value) of the set, while a high standard deviation indicates that the data points are spread out over a wider range of values. The standard deviation of a probability distribution is defined as the square root of the variance.
Where is the mean, is the second raw moment, and denotes the expectation value of . The variance is therefore equal to the second central moment (i.e., moment about the mean)
The square root of the sample variance of a set of values is the sample standard deviation.
Defined as the relationship between a set of items such that, for any two items, the first is either 'ranked higher than', 'ranked lower than' or 'ranked equal to' the second.