INSURANCE COMPANY MARKETING STRATEGIES: A COMPARATIVE STUDY OF PUBLIC AND PRIVATE COMPANY
Arya Praveen Kumar, Prof. D. Sreeramulu
Assistant professor, Osmania University
Abstract
The current research looked at the insurance marketing strategies influence on buyers buying preference in Hyderabad, Telanagna state. Researcher used multi-stage random sampling method and primary data collected from 520 buyer’s respondents and 48 agents respondents from the select Public and Private sector using a standardised questionnaire. The research data was analysed using ANOVAs, correlation and Independent t-test in the SPSS 23.0 version to arrive at the final results and conclusions. According to the study’s findings, marketing strategies has a significant impact on the purchase preference of Select Public and Private Health Insurance Company; correlation results reveals that Marketing Strategies, Motivation factors, income and source of information has strong correlation with Purchase Preference; t-test revealed that income level, Motivational factor, marketing strategies, Purchase preference has a significant mean difference between public and private insurance companies
Keywords: Marketing strategies, Health insurance, motivation factor, purchase preference, Public and private sector
Journal Name :
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EPRA International Journal of Economics, Business and Management Studies (EBMS)
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Published on : 2022-03-28
Vol | : | 9 |
Issue | : | 3 |
Month | : | March |
Year | : | 2022 |