Next Publication In:
Days: 00
Hours: 00
Minutes: 00
Seconds: 00

A STUDY OF FACTORS INFLUENCING THE REVENUE OF MARRIAGE/ FUNCTION HALLS

📘 Volume 10 📄 Issue 4 📅 april 2025

👤 Authors

Mr. Vinayak Shamrao Patil, Dr. Sushil Bhimrao Bansode 1
1. 1. Department of Commerce, Swami Ramanand Teerth Marathwada University, Nanded, Accountancy, 2. Department of Accountancy, Chintamanrao College of Commerce, Sangli, Maharashtra

📄 Abstract

This study explores the factors influencing revenue of marriage/function halls in Sangli district, Maharashtra, India. A ?mixed-method approach? is employed, combining survey questionnaires and in-depth interviews with marriage hall owners. The findings reveal that event planning and coordination services, comprehensive service packages, and prime location are key drivers of revenue growth. The study also highlights the importance of social media marketing, referrals from wedding planners, and adapting to off-peak seasons to maintain revenue. The results of the hypothesis test confirm a significant positive relationship between competition and revenue. The study provides valuable insights for marriage hall owners, policymakers, and stakeholders, emphasizing the need for innovative strategies, differentiation, and exceptional service to stay ahead of the competition.

🏷️ Keywords

Marriage halls Function halls Revenue growth Event planning Coordination services Comprehensive service packages Prime location Social media marketing Referrals Competition Off-peak seasons

📚 How to Cite:

Mr. Vinayak Shamrao Patil, Dr. Sushil Bhimrao Bansode , A STUDY OF FACTORS INFLUENCING THE REVENUE OF MARRIAGE/ FUNCTION HALLS , Volume 10 , Issue 4, april 2025, EPRA International Journal of Research & Development (IJRD) ,

🔗 PDF URL

https://cdn.eprapublishing.org/article/202504-02-020884.pdf

📄 PDF Preview

Click the button above to load the PDF.