Date post: | 07-Apr-2018 |
Category: |
Documents |
Upload: | prince-dudhatra |
View: | 220 times |
Download: | 0 times |
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 1/49
Consumer Behaviour
Research
Index
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 2/49
Introduction
Factors Affecting Consumer Behaviour
Buying Decision Process
Model of Buying Decision Process
An Introduction to Marketing Research
Statement of Problem
Objective Of Study
Research Methodology and Design
Research Instrument
Data Collection and Sources
Sample design
Field work
Limitations Of Research
Questioner
Ending Conclusion
Bibliography
Poem By President A.P.J. Abdul Kalam
Introduction
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 3/49
The aim of marketing is to meet and satisfy target
customer’s needs and wants. The field of consumer
behavior studies how individuals, groups, and
organizations select, buy, and dispose of goods, services,
ideas, or experience to satisfy their needs and desires.
Understanding consumer behavior and “knowing
customers” is never simple. Customers may say one thing
and do another thing. They may not be in touch with their
deeper motivations. They may respond to influences thatchange their minds at last minute. Small companies,
such as a corner grocery store, and huge corporations,
such as RELIENCE, TATA etc.., stand to profit from
understanding how and why their customers buy.
“Buyer Behavior is a systematic process in which
buying decisions are made.”
“Consumer behavior is the process whereby
individuals decide whether what, when, where, how and
from whom to purchase goods and services.”
Factors Affecting ConsumerBehavior
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 4/49
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 5/49
Size and income of
family
Expectation of Income
Credit Facility
Condition of Liquidity
1. Disposable income: -
The basis of purchase by the buyer depends on
disposable income of buyer. By disposable income means
the income left with the buyer after payment of tax from
his gross income. A part of disposable income is saved
and the rest is spent.
2. Size and income of the family: -
The size and income of the family determine the
amount of expenditure. The large the size and income of
a family, the greater will be its expenditure.
Consequently, the smaller the size and income of a
family, the smaller will be its consumption expenditure.
3. Expectation of income: -
If buyers expect their income to increase, they will
spend more out of their current income. They will induce
to purchase comforts of life such as furniture, scooter, TV,
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 6/49
etc. In short expectation of income decrease or increase
in future directly affects the current purchase.
4. Credit facility: -
If goods can be purchased on credit, consumption
expenditure tends to rise. The commercial banks also
offer loan to the consumers for the purchase of
refrigerator, tv, flats, etc. The consumer credit in the form
of installment payments has played an important role in
expanding the market.
5. Condition of Liquidity: -
The assets which can be easily converted into cash
are known as liquid assets. The greater the amount of
liquid assets a person has, the greater will be his
consumption expenditure. The examples are bank
deposits, shares, etc.
Psychological Factors
Basic Necessity
Learning
Occupation
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 7/49
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 8/49
4. Life style: -
The life style differs from individual to individual.
The lifestyle of a rich person is different from that of amiddle class person. Sometimes, individuals belonging to
some group have different lifestyle. E.g. the
advertisement of Raymond’s and demand can impress
the rich class persons only.
5. Attitude: -
An attitude describes a persons feeling or tendency
towards some products. E.g. some people were of the
opinion that gas cylinders were risky and hence their
attitude towards this product was negative. Thus attitude
creates likes or dislikes among consumers.
Social Factors
Reference group
Contribution of
Family
Social Groups
A. Upper Class
B. Middle Class
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 9/49
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 10/49
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 11/49
years they eat baby food, in their maturity years they eat
spicy food and in their later years they are on a special
diet. People taste in cloth also change according to their
age.Marketers should identify their target markets
according to their life cycle and develop appropriate
products and marketing plans.
2. Occupation: -
A person’s occupation effects his purchasing
decision. E.g. workers will buy work clothes, work shoes,
lunch box, etc. marketers should identify such
occupational groups and specialize in making products
required by a given occupational group.
3. Economic Circumstances: -
Person’s consumption pattern is influenced by his
economic circumstances. Person’s economic
circumstances consists of his spend able income, saving,
assets, borrowing power, etc.
4. Life Style: -
Every person’s life style would be different. Life
style of rich person will be different from that of middle
class people while preparing marketing strategy the
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 12/49
producers will search for relationships between their
products and life style group.
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 13/49
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 14/49
different prices of those brands, what are the opinions
about that commodity.
3. Evaluation of alternative: -
On the basis of the information a buyer has, he will
choose a particular brand. But before he makes choice,
he has to evaluate different brands. The choice set
includes 3 or 4 brands. The buyer has to choose any one
of these brands. He will have to find out through a
comparative evolution which brands will give him
maximum satisfaction.
4. Purchase decision: -
In the third stage of buying decision process, the
buyer decides to buy a particular brand belonging to
the choice set on the basis of evaluation process. This
is the intention of the buyers.
5. Post purchase behavior: -
The job or the producer or dealers does not end once
his product is sold to the buyer. He must know whether
the buyer feels satisfied with the product. How does he
react after purchasing the product?
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 15/49
ProblemRecognition
InformationSearch
EvaluationOf alternatives
PurchaseDecision
Post purchaseBehavior
Model of
Buying Decision Process
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 16/49
Introduction to Market Research
According to American Marketing Association
“Marketing research is the systematic gathering,
recording and analyzing of data about problems relating
to the marketing of goods and services.”
Management in any organization needs
information in large quantity about potential markets and
environmental forces in order to develop successful
strategic marketing plans, and to respond to such
changes in the market place. A mass of data is available
both from external sources and within the firm. This forms
a solid platform for a research to take place.
Marketing Research includes all the activities
that enable an organization, to obtain the information it
needs to make decisions about its environment, its
marketing mix and its present or potential customers and
consumers. More specifically, Market Research is the
development, interpretation and communication of
decision oriented information to be used in the strategicmarketing process.
Marketing Research is the systematic design,
collection, interpretation and reporting of information for
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 17/49
help marketers solve specific marketing problem or to
take advantage of marketing opportunities. It is a process
of gathering information not currently available to
decision makers. Marketing Research is conducted on aspecial-project basis, with the research methods, adopted
to the problems being studies and to changes in the
environment. The Market Research society defines
Marketing Research as “the collection and analysis of
data from a sample of individuals or organizations
relating to their characteristics, behavior, attitudes
opinions or possessions. It includes all forms of marketing
and social research such as consumer and industrials
surveys psychological investigations, observational and
panel studies.”
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 18/49
Statement of Problems
In idea we had undertaken research on two topics
given by the company, there are outlet promotion mix
and consumer behaviour research on the people aged
between 15 – 30 years.
The survey of outlet development was carried out by
the team of 3 members consisting 3 people from various
places.
This help company to development outlets which
would increase their market share. And others survey of
consumers’ behaviour is undertake by me. It would help
to know about thoughts, advice, problems, market share,
etc
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 19/49
Objectives of Study
To know the behaviour of young generation
To know the demand pattern of teen age
To know market share
Consumer Satisfaction
Problems of consumer
Consumer Awareness
Brand Equity
Outlet Preferences
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 20/49
Research Methodology
and
Research Design
This is basically an exploratory research and would
be studied by following steps.
The primary data will contain the survey through
questionnaire.
Secondary data is the data collected earlier for a
purpose other than currently pursued. In this study no
secondary data is used.
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 21/49
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 22/49
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 23/49
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 24/49
Primary data was collected through survey. In the
case of survey any one of the following methods can
collect data:
By observation
Personal Interview
Telephone Interview
By mailing of questionnaire
In this study, survey was done through personal
interview.
The investigator follows a rigid procedure and seeks
answer to set off preconceived questions in personal
interview. The method of collecting data is usually carried
out in a structural way, for this study printed format of
questions included in the questionnaire with a view of gathering accurate information.
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 25/49
Limitation of Research
Reliability of Respondent
Many of the respondents do not give 100 % true
information which may be due to ignorance of the
information being personal. They have to be prompted or
coaxed so as to get much of the true information as
possible. This is one of the barriers of the study.
Time bound
This study is time bound and the results of the study
may not be applicable with the passage of time.
I
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 26/49
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 27/49
4] Gender :
Male Female
5] Age :
15-17 18-20 21-25 25 -30
6] Occupation :
Business Professional Service
Student Other
7] What is your monthly income?
Less than Rs. 5000 Rs. 5000 to 10000
Rs. 10000 to 15000 Rs. 15000 & Above
8] Are you a prepaid user or post-paid user ?
Prepaid Postpaid
9] Which of the following service providers you prefer themost?
Idea Hutch Airtel
Tata BSNL Other
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 28/49
10] If you are a prepaid user please answer the following?
How many recharge coupon you purchase per month?
Which scheme you use presently?
Use Rs 3000 out of 3300 Use agivan at Rs 999
Use Rs 1850 out of 2008 Use Rs 1822 out of 2007
Do you use Value Added Services? Please Specify.
GPRS Picture sms
Dialer Tones Ring Tones
Std,Isd Cricket sms
11] What is your ranking from below parameters?
Reasonability Schemes
Brand Advertising
Number Coverage
Cost
12] How many calls you make daily ?
Less Than 5 5 – 10
10 -15 15 above13] Are you satisfied with your current service provider?
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 29/49
Yes No
If No, Please Specify,
14] If you get better services by other service providers,will
You switch over to other service provider?
Yes No
15] What is the purpose behind having mobile?
Emergency Status SymbolRegular Use Any other
16] What is your opinion?
Mobile ban in campus Good Bad
17] Give your suggestions to improve the service quality
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 30/49
(1) Gender
0
10
20
30
4050
60
70
80
P
er c en t a g e
male female
Gender
Interpretation
The survey shows that gender is follow.1st male in survey is75 and in 75%2nd Female in survey is 25 in 25%
S
r.
Male &
female
No. of
Respondent s
Percent
age
1. Male 75 75%2. Female 25 25%
Total 100 100%
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 31/49
(2) AGE
Sr .
AgeGroup
No. of Respondents
Percentage
1. 15-17 10 10%2. 18-20 15 15%3. 21-25 45 45%4. 26-30 30 30%
Total 50 100%
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 32/49
0
10
20
30
40
50P
er c en t a g e
15-17 18-20 21-25 26-30
Age Group
Age
Interpretation
In survey of consumer research on Ideacellular Ltd is include age 1st 15-17 giving 10%.2nd
comes age group 18-20 giving 15%. 3rd of it 21-25as 45% and group of 25-30 as 30%.
(3)Occupation
Sr .
Occupation
No. of Respondents
Percentage
1. Business 20 20%2. Profession 5 5%3. Service 27 27%4. Student 40 40%5. Other 8 8%
Total 100 100%
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 33/49
05
10
15
2025
30
35
40
P
er c en t a g e
Business Professional Service Student Other
Occupation
Occupation
Interpretation
On research 20% people doing business,5%people are Profession,45% are working asservice,40% as a student,30% are do other type of work.
(4) prepaid user or post-paid user
Sr.
Prepaid or post-
paid user
No. of Respondent
s
Percent age
1. Prepaid 68 68%2. Post-paid 32 32%
Total 100 100%
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 34/49
0
10
2030
40
50
60
70
P er c en t a g e
Prepaid Pospaid
Users
Users
Interpretation
On survey most of people use prepaid card,because in this type of card recharge amount anytime so 68% people use this and 32% people usepost - paid card.
(5) Service Providers
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 35/49
Sr .
ServiceProviders
No. of Respondents
Percentage
1. Idea 24 24%2. Hutch 32 32%
3. Airtel 18 18%4. Tata 8 8%5. Bsnl 12 12%6. Other 6 6%
Total 100 100%
05
10
15
20
25
3035P er c en t a g e
Idea Hutch Airtel TATA BSNL Other
Service Provider
Service Provider
Interpretation
People use card of service providers in % as under .
Idea as 24%,Hutch as 32%,Airtel as 18%, Tata as 8%,Bsnal as
12% and other as 6%.
(6) Scheme
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 36/49
Sr .
Scheme No. of Responde
nts
Percentage
1. Use rs 300 out of 3300
22 22%
2. Use agivan asRs 999
35 35%
3. Use Rs 1850out of 2008
19 19%
4. Use Rs 1822out of 2007
24 24%
Total 100 100%
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 37/49
0
5
10
15
2025
30
35
P er c en t a g e
1st 2ed 3rd 4th
Scheme
Scheme
Interpretation
In consumer research most of people use newscheme as 1st scheme as 22%,2nd scheme as35%,3rd scheme use by consumer 19%,4th as in24%,
(7) Value Added Services
Sr .
Value Added Services
No. of Respondents
Percentage
1. GPRS 17 17%2. Picture sms 11 11%3. Dialer
Tones
35 35%
4. Ring Tones 9 9%5. Std, Isd 6 6%6. Cricket sms 22 22%
Total 100 100%
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 38/49
0
5
10
15
2025
30
35
P er c en t a g e
GPRS Picture
sms
Dialer
tones
Ring tones Std,Isd Cricket
sms
Value Added Services
Value Added Services
Interpretation
Value Added services means people use it in extrapay amount. As on research People use it Gprs as17%,Picture sms as 11%,Dialer tones as 35%,Ring
tones as 9%,Std&isd as 6%, cricket sms as 22%,(8) Ranking
Sr .
Ranking No. of Respondents
Percentage
1. Reasonability
38 38%
2. Schemes 13 13%3. Brand 9 9%4. Advertising 15 15%5. Number 4 4%6. Coverage 14 14%
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 39/49
0
5
10
15
20
25
30
3540
P er c en t a g e
Re as onability Sche me s Br and Adve rt is ing Num be r Cove rage Cos t
Ranking
Ranking
7. Cost 7 7%
Total 100 100%
InterpretationAs on parameters consumers on which basis
purchase mobile card as Reasonability as 38%,Scheme as
13%Brand as 9%,on Advertising as 15%,Number as
4%,Coverage 14%, Cost as 7%,
(9) Satisfaction with current service
provider
Sr.
Satisfacti on
No. of Respondent
s
Percent age
1. Yes 71 71%2. No 29 29%
Total 100 100%
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 40/49
01020
304050607080P
er c en t a g e
Yes No
Satisfaction
Satisfaction
Interpretation
Main goal behind research is satisfaction of consumer with their service providers. as onresearch most of people satisfied with theirservice providers as 71%, but some are nosatisfied as 29%.
(10) switch
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 41/49
0102030
405060708090
P er c en t a g e
Yes No
Better Services
Better Services
Interpretation
If consumer gets batter services by other providers, theywill switch more of them as YES as 83%.NO as 17%.
Sr.
switch No. of Respondent
s
Percent age
1. Yes 83 83%2. No 17 17%
Total 100 100%
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 42/49
(11) The purpose behind having mobile
Sr .
Scheme No. of Responde
nts
Percentage
1. Emergency 49 49%2. Regular use 8 8%
3. Status Symbol 28 28%4. Any Other 15 15%
Total 100 100%
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 43/49
0
10
20
30
40
50
P e
r c en t a g e
Emergency Status
Symbol
Reguler Use Any Other
Purpose
Purpose
InterpretationMany purpose behind having mobile some of out of itconsidered as under.Emergency as 49%,Status Symbol as 8%, Regular Use as28%,Any other as 15%,
(12) opinion
Sr.
Opinion No. of Respondent
s
Percent age
1. Good 68 68%2. Bad 32 32%
Total 100 100%
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 44/49
0
10
20
3040
50
6070
P er c en t a g e
Good Bad
Opinion
Opinion
Interpretation
Consumers opinion most of good as 68%, but some
opinion is also bad as in 32%.
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 45/49
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 46/49
In addition to our report we had an opportunity to go
with the company’s team in the market, fro the purpose
of retailer development. It was a very good experience. The team was co operative and helpful. We visited new
counters and explained the schemes of the company.
In my project also they were co operative and
guiding. Form the survey it can be seen that customers
are very satisfied with coverage, schemes, services etc
By this it is clear that company’s future seems to be
bright. Good wishes for future.
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 47/49
Bibliography
Following is the list of sources which I have referred
during my preparation of report.
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 48/49
Books
Marketing Management
By Philip Kotler
Market Research
By William Stanton
Websites
i. www.google.com
ii. www.ideacellular.comiii. www.yahoo.com
iv. www.mytutor.com
v. www.wikipedia.com
vi. www.agencyfaq.com
8/6/2019 idea MBA porject report prince dudhatra
http://slidepdf.com/reader/full/idea-mba-porject-report-prince-dudhatra 49/49