Consumer Behaviour
Consumer Behaviour
Consumer Behaviour
Of
Consumer Behaviour
Index
Introduction
Company Profile
Buying Behaviour
Buyer Decision Process
Swot Analysis
Objective of the Study
Research Methodology
Review of Literature
Data Analysis
Recommendation
Conclusion
Questionare
Reference
Introduciton:
4-6
6-11
12
13-15
16
17
18
19-22
23-33
33-34
34
35-36
37-38
Every Business Organization That Comes Into Contact with the Customer
Develops a Perception in the Mind of the Customer. Today, In This Competitive
World Every Organization Needs to Know the Perception in the Mind of the
Customers. In Order to Gain Mind Share or Heart Share of Customers Along
with the Market Share Is the Main Lookout for the Organizations. Especially in
Consumer Electronics Sector, Where the Products Are More or Less Same, The
Only Way to Leave Positive Impact On Customers Mind and to Gain
Competitive Advantage Is Providing Best Possible Services to the Customers.
Introduction Part of This Report Is Classified Into Two Different Sections.
1.
2.
Industry Scenario
sansui, A Globally Recognized Brand Name and One of the World
and
Initiated
by
the
Government.
This
Was
Followed
by
After the Software Boom in Mid 1990 Indias Focus Shifted to Software.
While the Hardware Sector Was Treated with Indifference by Successive
Governments. Moreover the Steep Fall in Custom Tariffs Made the Hardware
Sector Suddenly Vulnerable to International Competition. In 1997 The Ita
Agreement Was Signed at the Wto Where India Committed Itself to Total
Elimination of All Customs Duties On It Hardware by 2005. In the Subsequent
Years, A Number of Companies Turned Sick and Had to Be Closed Down. At the
Same Time Companies Like Moser Baer, Samtel Colour, Celetronix Etc. Have
Made a Mark Globally.
Display Technologies
Entertainment Electronics
Passive Components
Electromechanical Components
Telecom Equipment
Display Technologies
Entertainment Electronics
Passive Components
Electromechanical Components
Telecom Equipment
Semiconductor Designing
Company Profile
About Sansui
Brief Profile
Sansui Electric Co. Ltd. Is a Japanese Manufacturer of Audio and Video
Equipment. Headquartered in Tokyo, Japan, It Is Part of Grande Holdings, A
Chinese Hong Kong Based Conglomerate, Who Also Owns Japanese Brands
Akai and Nakamichi.
Recent Awards
may, 2007 World Most Ethical Companies (Ethisphere
Magazine)
january, 2007 100 Best Corporate Citizens.
january, 2007 Forbes, 2006 Honour Roll.
march, 2007americas Most Share Holder Friendly Companies
march, 2007 Black Pearl Award for Corporate Excellence in Good
Safety and Quality.
april 2008 Sponsors Tele Award 2007
Sansui 42 Inches
Lcd TV - Pdp 4244
brand
:sansui
now:
Rs.64990
rs.21663 for
3
Months
Sansui 26 Inches
Lcd TV - Kyuuten
Lcd 264h
brand :sansui
now: Rs.33990
rs.11330 for 3
Months
Sansui 14 Inches
TV - Cine Sargam
14
brand
:sansui
now:
Rs.3990
rs.1330 for
3
Months
Sansui 40 Inches
Lcd TV - Kyuuten
Lcd 401h
brand :sansui
now: Rs.74990
rs.24997 for 3
Months
Sansui 15 Inches
TV - Hr 154 Eye
brand :sansui
now: Rs.5750
rs.1917 for 3
Months
Sansui 21 Inches
TV - Hr 22 Eye
brand :sansui
now: Rs.10790
rs.3597 for 3
Months
Sansui 21 Inches
TV - Hr 24 Eye
brand :sansui
now: Rs.11290
rs.3763 for 3
Months
Sansui 20 Inches
Lcd TV - Kyuuten
Lcd 205
brand :sansui
now: Rs.19990
rs.6663 for 3
Months
Consumer Behavior
The Aim of Marketing Is to Meet and Satisfy Target Customers Needs and Wants. The Field of
Consumer Behaviour Studies How Individuals, Groups, And Organizations Select, Buy, Use,
And Dispose of Goods, Services, Ideas, Or Experiences to Satisfy Their Needs and Desires. The
Consumer Buyer Behaviour Is the Buying Behaviour of Final Consumerindividuals and
Households Who Buys Goods and Services for Personal Consumption.
Understanding Consumer Behaviour and knowing Customers Are Never Simple.
Customers May State Their Needs and Wants but Act Otherwise. They May Not Be in Touch
with Their Deeper Motivations. They May Respond to Influences That Change Their Mind at the
Last Minute. Nevertheless, Marketers Must Study Their Target Customers Wants, Perceptions,
Preferences, And Shopping and Buying Behavior:
10
Studying Consumers Provides Clues for Developing New Products, Product Features, Prices,
Channels, Messages, And Other Marketing-Mix Elements.
Occupants
Objects
Objectives
Organizations
Operations
Occasions
Outlets
The Starting Point for Understanding Buyer Behavior Is Stimulus-Response Model Shown
Below. Marketing and Environmental Stimuli Enter the Buyers Consciousness. The Buyers
Characteristics and Decision Process Lead to Certain Purchase Decisions. The Marketers Task Is
to Understand What Happens in the Buyers Consciousness Between the Arrival of Outside
Stimuli and the Buyers Purchase Decisions. They Must Answer Two Questions:
11
Marketing
Other Stimuli
Buyers
Buyers Decision
Buyers Decision
Stimuli
Product
Economic
Characteristics
Process
Cultural
Problem Recognition Product Choice
Price
Technological
Social
Place
Political
Personal
Promotion
Cultural
Psychological
Information Search
Evaluation
Decision
Brand Choice
Dealer Choice
Purchase Timing
Purchase Amount
Post Purchase
Behaviour
1. Need Recognition- The First Stage of the Buyer Decision Process in Which the
Consumer Recognizes a Problem or Need of Sansui TV.
2. Information Search- The Stage of the Buyer Decision Process in Which the
Consumer Is Aroused to Search for More Information; The Consumer May Simply
Have Heightened Attention or May Go Into Active Information Search to the
Colour TV.
3. Evaluation of Alternatives - The Stage of the Buyer Decision Process in Which the
Consumer Uses Information to Evaluate Alternative Brands in the Choice Set.
4. Purchase Decision- The Stage of the Buyer Decision Process in Which the Consumer
Actually Buys the Product.
12
5. Post Purchase Behaviour-The Stage of the Buyer Decision Process in Which the
Consumer Take Further Action After Purchase Based Their Satisfaction or
Dissatisfaction.
Marketing Mix
Marketing Mix Can Be Defined As the Set of Controllable Tactical Marketing Tools
Product, Price, Place, Promotion-That the Firm May Blend to Produce the Response It
Wants in the Target Market.
Product-Product Means the Goods and Services Combination the Company Offers
to the Target Market. In Case of Sansui Television It Includes Variety, Quality,
Design Feature, Brand Name, Packaging, Services That Are Offered Along with the
Television.
Price- It Is the Amount of Money the Customers Have to Pay to Obtain the Product
of Sansui TV. It Includes List Price, Discount, Allowances, Payment Period, And
Credit Terms.
Place- It Includes Sansui TV Activities That Make the Product Available to Target
Consumers.
Channels,
Coverage,
Assortments,
Locations,
Inventory,
13
L or Mutual Goals.
(II) Family- The Family Members (Husband, Wife, And Children) Can
Strongly Influence Buyer Behavior
(III) Role and Status- Role Consist of the Activities People Are Expected
To Perform According to the Persons Around Them Status Reflect the General Esteem
Given to It by the Society. People Choose the Products That Show Their Status in the
Society.
(C) Personal Factor
A Buyer Decision of Sansui TV Also Are Influenced by Personal Characteristics Such As
the Buyers Age Life Style, And Life Cycle Stage, Occupation ,Economic Situation ,
Lifestyle , And Personality and Self Concept Depend Upon the Personal Factor.
(I) Age and Life Cycle Stage- People Change the Goods and Services They Buy
Over Their Lifetime. Tastes of the People Undergo Change with Their Age.
Family Life Cycle- The Stages Through Which Families Might Pass As They Mature
Over Time.
(ii)
(d)
Psychological Factors
15
(I) Motivation- A Need That Is Sufficiently Pressing to Direct the Person to Seek
Satisfaction of the Need.
(II) Perception- The Process by Which People Select, Organize, And Interpret
Information to Form a Meaningful Picture of the World.
(III) Learning- Changes in the Individuals Behavior Arising From Experience.
(IV) Beliefs and Attitude- Belief Is a Descriptive Thought a Person Hold About
Something Attitude Is a Persons Consistently Favorable or Unfavorable Evaluation,
Feelings, And Tendencies Towards an Object or Idea.
Weaknesses
1. Low Market Penetration
2. No Exclusive Show Rooms
3. Advertising Strategies
4. Positioned Itself As a
5. Cheap Price
Marketer
5. Less Focus On Unconventional
Channel
6. Product Demo Not Available
7. Not Providing Good Service
6. Global Acceptance
Opportunity
1. Moving Into
New
Threats
Attractive 1. A New Competitor in Your Own
Market Segments.
2. Tapping of Rural Market
3.
Focussed
Channels
4. Mergers,
16
On
Home Market.
2. Competitor has a New, Innovative
Joint
Mass
Venture
Strategic Alliances
17
Research Methodology
1.
2.
3.
4.
5.
Data Collection:
Primary Data
Primary Data of Research Are Collected From Direct Resources (Customer of
Colour Television) Through Questionnaire.
Secondary Data
Secondary Data Which Are Used for Research to Know the History Scop of Sansui
Industry Are Collected From Already Available Resources Like Net and Other
Sources.
Sampling Technique
Convenience Sampling Is Used for Research Project. I Have Given Equal Weight Ages to My All
Respondent and Chose Them Randomly Without Any Biased Like Gender, Age, Income Culture.
Sample Size
100 Respondents has Selected As Sample Size for Research.
Data Representation Technique and Tools
Columns Chart & Pie Chart has Used for Representation.
18
Review of Literature
G.I. Heald (1970) the Relationship of Intentions to Buy Consumer Durabbles with the
Levels of Purchacethis Paper States the Traditional Short-Term Econometric Forecasting
Models for Durables and Generally Represents Expenditure As a Function Disposable
Income Relative Price an Index of Purchase Control and As an Estimation of Total Stock of
Durables.
J. Pickering (1978) the Durable Purchasing Behaviour of the Individual Household He
Points Out That Cross sectional Investigations Perform Reasonably Well in Explaining
Individual Household Behavior. Both in Terms of Level of Outlay On Consumers Durables
and in Identifying Purchasers of Particular Commodities.
Saikat Banerjee (2008)dimensions of Indian Culture, Core Cultural, Values and
Marketing Implications He Explained That the Behavior of a Consumer Largely Depends
On Interplay Between Inner Self and Outer Stimuli. Consumption Decision Made in the
Market Cannot Be Viewed As an Independent Event. It Is Closely Related with Values and
Social Relationship and Cultural Allegiance.
Mandar Naresh Dhumal and Avishkar Tayade (2008) rural Marketing- Understanding the
Consumer Behaviour and Decision Process Explained in This Paper Rural Population
Account for 70% Of the Indian Population and It Is Increasing at the High Rate in
Comparision to Urban Population. The Buyer of Rural and Urban Area Different in Their
Characteristics While Buying Any Product. The Reason Behind It's Differentiation Are
Many Like;- Age and Life Style. Occupation. Economic Situation Life Style. Personality
and Self Concept. Psychological Factors Like Perception Cognition and Motivation.
Buying Decision of the Consumer of Different Age Occupation Differ From Rural Area to Urban
Area the Rural Area Is Move Bounded by the Tradition , Custom, And Value Which Bring a
Gigantic Change in the Life Style and Personality of the Customers of the Rural Area in
Comprasion to Urban Area. Where People Are More Attached Towards the Welter Cultural Now
19
Per Capita Income of the Consumers in the Rural Area Restrict Them for Low Consumption
Pattern As Compared to Urban Population. Where the Consumers Are Brand Conscious and Are
Ready to Pay High.
Gurav Kunal(2008) impact of Relationship Marketing Strategy in Customer Loyality
Explained in This Paper That Their Need to Be Developed Customer Loyality and Pay the
Much More Concentration On Marketing Strategy and Relationship Between Promotional
Schemes, Customer Trust, And Customer Face to Face Communication.
Chattopadhyay Tanmay and Shivani Shraddha (2009) Do Multiple Time Consumers Also
Observe Imperfectly. The Case of Automobile Consumers in India He Explained the
Customers Holistic Perceptions of the Extra Value Due to Brand Name. The Researcher
Also Explained That Any Organization That Makes a New Product for Society Always
Takes Care of Products, Price, Brand Name, Quality and Perceptions of the Consumers.
Generally Consumer Perceptions Is That Higher Price Is Associated with Better Quality of
the Product Which May Not Be True.
Prof.
Shilpa.
S.Kokatnur (2009)
consumer Perception
Brands. An
Empirical
Someone Else From the Customers Existing Preference Sets. Preference Is a Scale, And
Brand Moves Up, Down and Even Off That Scale with and Without a Vigilant Brand
Management Strategy. Pricing, Promotional Deals and Products Availability. Aristotle
Professed, Attaining and Sustaining Preference Is an Important Step On the Road to Gain
Brand Loyalty. This Will Help to Generate More Revenue, Gain Greater Market Share and
Beat Off the Competition.
Makkar Urvashi and Dhyani Vijendra (2010) consumer Perception Towards Different
Media Options.-An Empirical Study of Rural and Urban Perspective Explained in This
Paper Helps the Marketers to Focus Attention On the Diverse Media Vehicles in General
and Media Specifically. Which Are the Key Buying Guides for the Customers in Urban
Markets. Provide Insight in the Formulation of Further Media Strategy by the Marketers
Enabling Them to Focus On Right Media Choice and Media Mix Once Thing That Is Sure
Is That the Media Is Having a Dramatic Impact On the Consumption Patterns of the
Consumers Irrespective of Their Affiliation to Certain Geographical Location Rural and
Urban and Their Gender. Even in This New Business Environment Where Electronic
Transactions Are Becoming the Norms. He Use of Other Media Option to Document
Business Transaction Is Equally Important. Specifically for the Rural Customers Indeed As
Per the Current Researches.
Rani .S. Sakthivel (2010) consumer Behaviour in Rural Market A-B-C-D Paradigm and
It's Application Explained in This Paper the Most Important Difference Between the
Rural and Urban Is in Degree of Sophistication of the Consumer. Urban Consumers Are
Generally Familiar with Such Products Home Their Address and Value Related to
Purchase and Consumption Will Be Different. The Conversion of Rural Consumers to
Purchase Sophistication Products Is Great Challenge for the Markets. But This Kind
Ensure a Good Demand for Sophistication Product in the Future Here in the Marketer
May Have to Work Harder to Sell Their Goods in Rural Areas Because of Diversity of
21
Value and Attitude Present in Three Region. Use Term Such As new and Improved Since
These May Be Effective in Rural Areas. Examine the Obstacles in the Path of Consumers
Access to Information and Illiteracy and Diverse Methods to Overcome These Kind of
Obstacles Note the Cultural Similarities in Consumer Behaviour Which Might Allow
Standardization of Marketing Strategies Across Countries However It Must Be Noted That
It Is Possible to Capitalize On the Similarties Among the Rural Markets. Several
Researcher Have Suggested to Possibilities of Clustering Area Which Allow the
Standardization of Marketing Strategies Across These Region.
22
Data Analysis
1. Occupation
Service
Business Man
42%
58%
Data Interpatation:
In Total Respondent We Analyse That Most of the People Are Businessman 58%
And 42%people Are Service Man in Jalandhar or Out of the City.
23
80%
No
20%
Data Interpatation:
In Total Respond We Analyse That Show the Chart 80% People Have a Colour
Television and 20% People Have Not TV.
24
30%
15%
15%
10%
35%
5%
Data Interpatation:
Although There Is Lot Many Competitors in Television Section Among All This
Lg Is the Leading Market Share .Show the Data Many Colour TV Company Are
Available in the Market. Then Sony TV Consumer Are 30%, Sansui TV
Consumer Are 15%,Samsung TV Consumer Are15%,Onida TV Consumer Are
10%, Lg TV Consumer Are 35%,And Videocon Consumer Are 10%.Lg Customer
Are More Than Compare to Sansui TV.
55%
15%
24%
6%
Data Interpatation:
In Total Respondent We Analyses That Most of the Customers Are Attract On
Advertisement of the Product and the Decide of the Buy a Product. Show the
25
Data 55% People Are Known to the Product of Advertisement, 15% People
Are Depend On Dealer Suggestion, 24% People Are Depend On Friends and
Relative Suggestion, And 6% People Are News Advertisement.
15%
Qualit y
30%
10%
Providingmaximum
10%
Guarantee Period
Data Interpatation:
26
35%
In Total Respondent We Analyses That Most of the Consumer See the Price,
Feature ,Sales Service, Quality and Providing Max. Guarantee Period See to
the Consumer and Decide to the Product Buy or Not Buy. Show the Data
Many Consumers Want of Quality.
20%
25%
Son / Daughter
35%
No Body
20%
Data Interpatation:
In Total Respondent We Analyses That Most of the Consumer Influence More
Purchase to Particular Product Take the Suggestion of Wife, Friends and
27
Relative, Son/daughter, And No Body. Show the Data Many Consumer Are
Influence of Son/daughter.
73%
No
27%
Data Interpatation:
In Total Respondent We Analyses That Most of the Consumers (73%) Are
Aware of the Sansui Product and 23% Consumers Are Not Aware of the
Sansui Product.
28
24%
Poor Qualit y
46%
Less Awareness
10%
Any Other
20%
Data Interpatation:
In Total Respondent We Analyses That Most of the Consumer Dont Use
Sansui TV Many Reasons High Price, Poor Quality, Less Awareness, And Any
Other. Many Consumer Are Not Use of the Sansui Provide of Poor Quality.
29
Yes
85%
No
15%
Data Interpatation
10.
28%
16%
18%
32%
6%
InterpretationIn Total Respondent We Analyses That Most of the Consumer Are Buy of the
Colour Television Want to Consumer Lg and Sony Compare to Other Company.
30
Recommendation
I Recommended That Sansui Should Also Concentrate More in Technological Advancements
Which More of the Consumers Are Expecting Now in the Present World. In the Same Way
Sansui Can Also Concentrate and Try Launching Leds Which Will Be the Future After Lcds.
The After Sales Service Must Be Taken Care of Every Point of Time Because Worst Backup
Service May Spread Negative Image Among the Potential Consumers Therefore Affecting Sales
Drastically Care Should Be Taken for That Sansui Can Also Improve It's Range of Products
From the Current to Advanced, It Can Launch Various Home Appliances Inductions Which More
Consumers Are Referring Now Instead to Be More Cost Effective, In the Same Way Can Also
Introduce More Models.
Similarly Sansui has Good Base Here in the Region Jalandhar Where the Study Was Conducted
but Unfortunately It Fails to Utilize It Fully Up to the Level, Hence It Must Be Taken in Mind
and Measures Should Be Framed for Utilizing the Capacity. It Can Be Effectively Done Through
Various Sales Promotions Activities and Building a Good Rapport with the Dealers and
Distributors in the Locality Because They Only Act As the Mains Source for Supplying the
Products.
31
The Pull and Push Strategies Must Be Often Discussed with Them for Effectively Marketing the
Products. Various Offers and Incentives Can Be Offered to Them Apart From Doing so to
Consumers in Order to Improve the Sales Effectively.
Most of the Dealers Here in This Region Are Dealing with Various Brands Simultaneously so
Care Must Be Taken That Sansui Should Be Their First Preference Selling It to the Consumers.
Hence It Should Be Considered and Various Offers and Dealings Should Be Made with Them.
Conclusion:
Sansui a Part From Concentrating in the Quality and Improvement of It's Products Can Also Try
to Improve It's Reach to the Consumers. Consumers Are Always in Search for Good Quality with
Affordable Price so Sansui Can Go with Such an Idea of Capturing the Market by Attracting of
Consumer .
32
Questionnair
1. Name
2. Age
i) 25-30 Years [ ]
3. Occupation i) Business [ ]
II) Service [ ]
4. E-Mail Id
5. Phone No
6. Do You Have TV at Your Home?
I) Yes [ ]
ii) No [ ]
10.
I) Advertisement [ ]
iv) Newspaper [ ]
ii) Feature [ ]
iv) Quality [ ]
12.
I) Wife [ ]
iv) No Body [ ]
ii) No [ ]
13.
14.
15.
I) High Price [ ]
16.
ii) Samsung [ ]
III) Lg [ ]
iv) Sansui [ ]
V) Other [ ]
34
ii) No [ ]
References
Books:
Http://www.Euromonitor.Com/consumer Appliances
1. G.I. Heald (1970) the Relationship of Intentions to Buy Consumer Durables with Levels of
Purchase( European Journal of Marketing, Volume; 4, Page : 87-97
2.J. Pickering, (1978) The Durables Purchasing Behaviour of the Individual Household
(European Journal of Marketing, Volume: 12, Page: 178-193
3.Saikat Banerjee (2008) dimention of Indian Cultural, Core Cultural Values and Marketing
Implication ( Cross Cultural Management an International Journal, Volume: 15 Page: 367-378
4. Chattopadhyay Tanmay, Shivani Shaaddha and Krishnan Mahesh (2009); do Multiple Time
Consumers Aiso Observe Imperfectly. The Case of Automobile Consumers in India ( Indian
Journal of Marketing, June -2009, Volume xxxix, No-6, Page Number 40-47)
35
37