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GOODS RANGE FORMATION FOR SPECIFIC TARGET AUDIENCE

Elvira Pyanikova, A. Kovaleva, M. Zaikina, O. Evdokimova, S. Mikhailova

First published: 2018https://doi.org/10.5593/sgemsocial2018/1.5/S05.052View metrics

Abstract

Formation of goods range represents one of the main directions of enterprise commercial work which carries out selection of certain goods and offers this range in the market. Principle of production formation is reflection of demand features in assortment for target audience. In this case specific target audience is consumers who have similar criteria in individual characteristics and preferences. Full assortment analysis includes the use of several known and universal methods. Company can develop recommendations for balanced range formation increasing economic stability of an enterprise applying them. Method based on accounting of daily product sales by quantity, sum and range structure is used in the article. This method is related to operational methods and applied to more profound studying. It is efficient to reflect dynamics of demand for assortment positions on days of the week according to this method. Target audience was specified in field conditions with the use of sociological methods, such as quizzes of existing and potential consumers, direct observation of consumers’ behavior in sales area. It was done in certain periods that allowed revealing who and when buys goods and by what buyers activity or passivity is caused. Conducted research studies show probability of purchases by certain contingent. Research studies help to receive numerical value on target audience on a specific type of goods and also to calculate necessary quantity of goods according to a certain list.

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Publication details

Title
GOODS RANGE FORMATION FOR SPECIFIC TARGET AUDIENCE
Authors
Elvira Pyanikova, A. Kovaleva, M. Zaikina, O. Evdokimova, S. Mikhailova
Proceedings
5th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2018
Publisher
STEF92 Technology
Year
2018
Pages
415-424
SWS Citekey
Pyanikova20185415424
ISSN
2367-5659
ISBN
978-619-7408-65-2
Language
en
Publication type
Proceedings Paper
Proceedings contents
Open official contents
Keywords
References15
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