Tanishq File Edited
Tanishq File Edited
On
“A COMPARATIVE STUDY OF CONSUMER ATTITUDES TOWARDS BRANDED JEWELLERY
AND IMITATION JEWELLERY.”
of
Submitted By:
Tanishq Pomal
Director Designation
FACULTY OF Management
I the undersigned solemnly declare that the report of the project work titled “A COMPARATIVE
STUDY OF CONSUMER ATTITUDES TOWARDS BRANDED JEWELLERY AND IMITATION JEWELLERY. is
based on my own work carried out during the course of my study under the supervision of Dr. Sujit
Dey
I assert that the statements made and conclusions drawn are an outcome of the project work. I further
declare that to the best of my knowledge and belief that the project report does not contain any part of
work which has been submitted for the award of any other degree/diploma/certificate in this University
or any other University/Institution.
Enrollment No.CB3450
Roll No.501207621065
CERTIFICATE OF THE COMPANY/ORGANIZATION
CERTIFICATE BY THE SUPERVISOR
“A
This is to certify that the report of the project submitted is the outcome of the project work
COMPARATIVE STUDY OF CONSUMER ATTITUDES TOWARDS BRANDED JEWELLERY AND
IMITATION JEWELLERY . carried out by Tanishq Pomal bearing Roll No. :501207621047&
Enrollment No. CB3413.under my supervision for the award of Degree in Master of Business
Administration (MBA) of Chhattisgarh Swami Vivekananda Technical University, Bhilai (C.G), India.
Designation:
CERTIFICATE BY THE EXAMINERS
This is to certify that the project titled “A COMPARATIVE STUDY OF CONSUMER ATTITUDES
Name: Name:
Designation: Designation:
Institution: Institution:
Date:
ACKNOWLEDGEMENT
I wish to express my sincere gratitude to Mr. AJAY POMAL , owner of “ANJALI JEWELLERS” for
I sincerely thanks to Dr. Sujit Dey for their guidance and encouragement in carrying out this project
work. I also wish to express my gratitude to the official and other teachers and staff members who rendered
their help during the period of my project work and opportunity to embark on this project.
I am also thankful to my friends and family members that they supported me every time at my falls during
Contents Page No
Acknowledgement (v)
1. Research Background -
2. Contributions
-
and Results
Chapter 7. Recommendations -
Chapter 8. Limitations -
Chapter 9. Conclusions -
References -
Appendices: -
I Questionnaire Used -
➢ Brand Appeal:
Branded jewelry has carved out a niche and in tough Indian market for
itself, and also its growing able to generate suggest that even a large
portion of both the jewelry industry would soon become cornering. Despite
India's retail sector booming, many firms also made their place into another
mainstream jewelry business, marketing their commodity that has never
been "marketed" through various ways.
Even more so since branded jewelry is really the chief concern on the
market, having obtained a niche quickly during the last few years. Many of
the firms that much played skillfully masterfully Indian culture and
traditions culture and traditions promote as well as create one’s brands.
Alok Kala (2010) By its research "Diamond World" it was reported which
Jaipur offers tremendous potential mostly in diamond industry diamond
market. In India and worldwide these gems but also jewelry will be in great
demand. Jaipur export market a great assortment with jewelry from gold,
platinum as well as studded. This same analyst also said Sitapur's jewelry
industry already accounted to “retention of Rs 450 crore, which includes
Rs 300 crore of the exports”.
Zaveri Samrat (2003) In this study entitled "Branded & Gold Jewelry
Market in India" these were did find there has been a change in consumer
demand that since late 1990s, resulting in women progressively opting
besides fashionable but also lightweight jewelry rather than traditional
chunky jewelry. There's been an increase in wages besides lightweight
jewelry, particularly besides customers between both the ages of 16 as well
as 25 that considered jewelry to be accessories, and therefore not
investments. Jewelers could also recognize consumers ' changing needs,
motivations as well as expectations and in jewelry system and make latest
needs and developments.
Osjag (2009) branding was "an inevitable habit. “This offers consumers a
certain degree of trust that they have been buying a legitimate commodity.
Branded jewelry also arrived but has won a spot on the store shelves of
world jewelry. Through reality, every customer should pay closer attention
to what brand individuals will purchase, rather than thought "branded or
unbranded”.
Bian Qin and Forsythe Sandra (2011) Within the research "Purchase
intention with luxury goods: a cross- cultural analysis," the report discusses
the impact of human personalities, environmental influences, cultural and
cross-cultural influences and eventually that dimension correlated with
both the goods in customer purchasing intention or actions.
“Iftikhar, Hussian, Khan and Liyas (2013)” Investigate the concept with
social class throughout consumer purchase intention. This same study
explored the connection among status, income, education and jobs that
also, in switch, does have an influence on the development class and shows
buying behaviour of consumers. Jain (2012) reiterates also that architecture
of Jewelry must also be as per the specifications of both the customer.
Indu Rao (2009) Considers that Indian diamond industry is thriving during
an atmosphere with confidentiality but instead informality which really
encompasses diamond trade but has lengthy become labeled as just a
disorganized economy sector.
An in-depth industry analysis showed how, in reality, and this so-called
service
industry becomes extremely structured but has tremendous opportunity to
deliver some important insights into to the management area throughout
introduction of available aspects.
Chapter – 2
Company profile
2.1 About the company
Since time immemorial diamonds have fascinated humankind. No wonder then,
they have been tagged as miniature stars, tears of God and fortune changers.
Estrella Jewels, through its innovative designs, impeccable workmanship and
stunning finish has added yet another tag to this long list - divine beauties.
Our confidence stems from our reservoir of creativity, from our spirit of artistic
adventure and yearning for perfection. We are fearless when it comes to
customized designs, and therefore tread the path which has never been travelled
before. It simply means we create trends instead of following one.
Our inspiration has always been “nature” and its stunning elements while the
hunger for flawless detailing keeps the creative juices of our design team
flowing, in perpetuity. Even our mass produced diamond jewelry reflects class
and unique character. As for our signature diamond jewellery, our customers
will vouch for our craftsmanship.
All this is possible because of our dedicated craftsmen, unrelenting pursuit for
excellence, fine machinery and a development team which has never
encountered the word “Impossible”. Our artisans understand just one language -
the language of perfection. Therefore, Estrella Jewels offers not just rings,
pendants, earrings and bracelets; it offers a legacy which can be left behind
with great pride.
Custom design is our forte. It pumps up our adrenalin and brings out the best in
us. Get in touch, and we promise to sow the same seeds of excitement around
your customers too. We don't just export diamond jewelry, we build metaphors
of beauty.
2.2 the relation of work done in your study to the company.
VISION
Every enterprise builds a virtual mirror, an artificial horizon for that
perceptual experience of seeing their business down a definite timeline. Even
we have built that "Mirror" which reminds everyone associated with Estrella
Jewels of the following nonnegotiable and unshakable goals
To establish greater trust and enhance the brand value of Estrella Jewels.
Embrace changes wholeheartedly. At Estrella Jewels we'd want to become
pioneers of changes, bring in paradigm shift and thereby increase market
leadership.
Build and execute newer business strategies for greater operational
excellence which in turn will allow us to exceed in our objectives.
Create excellent knowledge hub that will allow us to optimize resources.
MISSION
Like vision, every business has its own set of objectives too. At Estrella Jewels
we are committed to excellence; while creating superlative designs has been
our motto. Mentioned below are not just our mission statements - it reflects our
love for designing and manufacturing jewellery
To develop radical designs that will evolve into symbols of fashion statement,
elegance, impeccable workmanship and absolute quality.
To learn and imbibe newer designing and development techniques which will
help us offer our customers unprecedented range of fine jewellery.
Unwavering commitment to high designing and manufacturing standards.
Spread love and happiness through aesthetically pleasing and one of a kind
product/s.
We aim to redefine industry standard designs and quality score through path
breaking strategies.
Chapter-3
LITERATURE REVIEW
3.1 Related to the work done in your study
Gold is also associated with the Hindu Goddess Lakshmi and with festivals like
Dhanteras and Akshaya Tritiya. In these times, people who buy the precious
metal are doing it to attract good fortune.
Still, Indian consumers also appreciate diamonds. As figures show, India
processes 1 billion pieces of diamonds annually, out of which 25% is for
internal consumption, which means that domestic sales of diamonds are
somewhere around $5.75 billion.
Manufacturers and designers point out that, since 2013, consumers’ have been
more interested in diamonds. In 2018, retail representatives emphasized that the
demand, in terms of gold versus diamond studded jewellery, was between 90-
95% for gold and 5-10% for diamonds.
Even India’s most wealthy consumers still pay attention to materials, more than
branding
By 2025, India’s ultra-high-net-worth individuals (UHNWIs) - people with
wealth of over $30 million -, will grow by 63%, reaching 11,198, according
to Knight Frank India. The percentge is extremely important, taking into
account that it is significantly higher than the global rate of 27%. Moreover, the
country’s number of billionaires is now at 113, showcasing that there is much
wealth accumulated in the country.
Given India’s rich culture and passion for heirloom jewelry, precious gems and
metals are the main preference for consumers. As the De Beer’s report shows,
in the 2020 holiday season, over 4 out of 5 men in higher income groups were
interested in purchasing diamond jewelry for their significant others.
Heirloom jewellery as wedding gifts. Image credit : Times of India
What is extremely interesting is that even high income jewelry consumers place
much importance on the actual materials than on the brands themselves. The
reason is that it is in the people’s culture to perceive jewelry as investment and,
thus, assess it taking into account the type and weight of gold, as well as
the diamonds’ carats.
Still, international companies have managed to penetrate the Indian market.
Their objective is to get consumers accustomed to their luxury standards, so
that they also consider aspects like heritage, brand, associations etc.
5 trends that are shaping the Indian market
1. Online shopping and product discovery are developing
E-commerce is gaining ground in India, where, according to the 2021
Digital report, 76.7% of Internet users between 16 and 64 years’ old purchased
a product online, in the past month. In total, over 548 million
consumers purchased 46 billion worth of goods online, in 2020.
According to the Online Gold Market in India report, issued by the World Gold
Council, consumers aged 18 to 45 represent about 70-80% of online shoppers.
The average bill is somewhere around RS 25,000-30,000.
As the same report shows, a mere 1-2% of gold jewelry purchases are made
online, as 17% of urban and 3% of rural gold jewelry purchases are made using
an e-channel.
Still, the trend is an ascending one. The Indian market for jewelry was assessed
at $850 million, in 2019, and is projected to reach $3.7 billion, by 2025.
Chapter – 4
Research methodology
Research methodology is the systematic method or process dealing with identifying problem, collecting
facts or data, analysing these data and reaching at certain conclusion neither in the form of solutions
towards the problem concerned or certain generalization for some theoretical formulation. Moreover,
research methodology describes the methods used to collect the data and analysed it by following the
research design, sampling technique, measurement and instrumentation, data collection, conceptual
framework and data analysis.
This research study analyses the psychological influential factors that impacts the decision of students to
choose Online mode over Offline Mode of learning or Offline mode over Online mode of learning in
Raipur Region.
4.2 RESEARCH PLAN
4.2.1RESEARCH DESIGN
Research design is a master plan specifying the methods and procedures guiding researcher to collect their
data and analysis for their research. The most common research designs that the researchers always use is
exploratory, descriptive and causal. In the present study, exploratory and descriptive is used as purpose of
the study to obtain and analyse the data.
The researchers have followed the following steps for conducting our survey:
1. In our first step, we researchers decided the topic for our research.
2. In our second step, we searched the secondary data and information for the project and decided to
conduct the survey.
3. Then we identified our target population and decided our sampling procedure, i.e., non- probability
sampling.
5. In our sixth step, we collected the primary and secondary data for our project.
7. In the last step, we drew interpretations and generalizations and reached onto the ultimate
conclusions.
SAMPLING TECHNIQUE
Sampling is a method wherein some elements of population are selected to draw a conclusion about
the entire population.
The researcher has used convenience sampling technique. Convenience sampling technique is the least
reliable design but normally the cheapest and easiest to conduct. The researchers have the freedom to
choose whomever they find, thus this convenience.
SAMPLING SIZE
Area: Raipur
Data collection is a term used to describe a process of preparing and collecting data – for example as part
of a process improvement or similar project. The purpose of data collection is to obtain information to
keep on record, to make decisions about important issues, to pass information on to others. Primary data is
collected to provide information regarding a specific topic.
The researcher has collected the data required for research project through two ways: -
PRIMARY DATA -
Primary data are those which are collected afresh and for the first time and this happen to be
original in character. Primary data consist of surveys through questionnaires, observation,
interviews and focus groups, which shows that direct relationship between Online Mode of
Learning and Offline Mode of Learning― In our study we have used questionnaire for collecting
data.
The observation method is the most commonly used method specially in study related to
behavioral sciences. Observation becomes a specific tool and the method of data collection for
the researcher, when it is formulated several purposes.
SECONDARY DATA –
These are those data which have already been collected by someone else and which have been
already used as per requirement. It is the data collected by someone other than the user. Common
sources of secondary data for social science include censuses, surveys, organizational records
and the data collected through qualitative research.
It refers to those data which were gathered for some other purpose and are already available in
the firm’s initial records and commercial, trade or government publication. It is done through
Published survey of market, and report, specialized libraries, general library research sources.
SAMPLING AREA
We have target 100 common people for the purpose of this research. The targeted population represents
the bhilai Region. Peoples are from different treatment and from different others reasons to come shop.
It is a description of the characteristics of that group of people from whom a people is intended. It
attempts to describe them as they are rather than as the describer would like them to be. Also called the
audience the audience to be served by our project includes key demographic information (i.e.; age, sex
etc.) The specific population intended as beneficiaries of a program. A population to be reached through
some action or intervention; may refer to groups with specific demographic or geographic characteristics.
The group of people one is trying to reach with a particular strategy or activity. The target population is
the population we wanted to use in order to conclude with, the sampling frames to matches the target
population. A specific resource set that is the object or target of investigation. The audience was given
course of instruction is intended.
Chapter – 5
Method tabulation,
Count of Gender:
Female
Male
Other
Interpretation:
15, 11%
6, 4%
18-25
25-30
30 above
31, 22% below 18
88, 63%
Interpretation:
2 married 32
TOTAL 100
Married 32%
Unmarried 68%
Married
Unmarried
Interpretation:
\
IV. Education of the Customer:-
Sr. No Education Frequency Percentage (%)
1 Diploma 1 1
Diploma in civil
2 1 1
engineering
Graduate 1 1
3 PG And above 42 30
4 Professional 16 11
Secondary To
5 53 38
Graduation
6 Sy Bcom 1 1
Up To
7 24 17
Matriculation
8 Blank 0 0
Total 140 100
Countof What is your Educational Qualification?
24, 171%1,, 111%
1, 1%42, 30%
Diploma
Interpretation:
In the study, education wise distribution was done in which 1(1%) customers were
found Diplom,1 (1%) were Diploma Civil Engineering, 1 (1%) were graduate & 42(30%) were
PG and Above,16(11%) customers were found Professional,53 (38%) were secondary to
Graduation, 1 (1%) were Sy Bcom & 24(17%) were Up To Matriculation.
IV. Month Family Income of the Customer
Sr. No Type Of Income Frequency Percentage (%)
Less Then
1 49 35
25,000
2 75,000-1,00,000 15 11
3 50,001-75,000 17 17
4 25,001-50,000 41 29
1,00,000 and
5 above 18 18
Total 140 100
30
Total
20 18 17
15
10
0
1,00,000 & Above25,001 - 50,00050,001 - 75,00075,000-1,00,000 Less then 25,000
Interpretation:
In the study, education wise distribution was done in which 49(35%) Less then
25,000 were found Income,15(11%) were Income 75,000-1,00,000, 17(17%) were Income
50,001-75,000,41(29%) were Income 25,001-50,000,18(18%) were Income 1,00,000 and
above.
V. Count of Which kind of preference to buy?
Type of
Sr. No Frequency Percentage(%)
Preference
1 Fashion 36 26
2 Festival 16 11
3 Gift 10 7
4 Investment 54 39
5 Occasion 24 17
Total 140 100
Festival 11%
Gift 7% Occasion 17%
Fashion 26%
Investment 39%
Interpretation:
In the study, Type of Preference was done in which 36(26%) Fashion,16(11%) were
Preference of festival, 10(7%) were Preference of Gift,54(39%) were Preference of
Investment,24(17%) were Preference of Occasion.
1. Count of Which kind of products in jewelrypreferred?
Countof Whichkindofproductsinjewelrypreferred?
100%
80%
60%
Total
40% 21 11 39 28 23 18
20%
0%
BanglesBraceletsChainsEarringsNecklessRings
Interpretation:
Purity 12
Product Quality 47
Price 16
Total
Making and wastage charges 3
Gram andweight 33
Designs 29
05101520253035404550
Interpretation:
Majority of the attributes i.e. 29(21%) were attributes Design,33(24%) were
attributes Gram and Weight,3(2) were attributes Making and wastage charges,16(11%) were
attributes Price,47(33%) were attributes Product Quality,12(9%) were attributes Purity.
3) Count of Which kind of factors influence to buy?
Designs
21, 15%22, 15% Gram andweight
Making and wastage charges Price
Product Quality
18, 13% Purity
43, 31% 11, 8%
25, 18%
Interpretation:
Majority of the respondents 22(15%) were influence to buy from Designs, 18(13%)
were influence to buy from Gram and weight, 11(8%) were influence to buy from Making
and wastage charges, 25(18%) were influence to buy from Price, 43(31%) were influence
to buy from Product Quality, 21(15%) were influence to buy from Purity.
4 Count of Which method is prefer for payment?
48
30
Total
Interpretation:
Majority of the respondents 62(44%) were prefer payment method is cash, 48(34%)
were prefer payment method is Debit/Credit card, 30(22%) were prefer payment method is
Net-banking and upi.
5 Count of Do you have any bank account?
27, 19%
No
113, 81% Yes
Interpretation:
From the above table it is clear that 27(19%) Customers are have there
bank account and 113(81%) Customers are have not there bank account.
6 The bank provides ATM services in multiple locations.
ATM
Sr. No services by Frequency Percentage (%)
bank
1 Bank Of Baroda 43 34
2 Boi 1 1
3 HDFC Bank 22 18
4 ICICI Bank 24 19
Kotak Mahindra
5 17 14
Bank
Paytm
6 Payments Bank 8 6
Royal Bank of
7 1 1
Canada
8 SBI 3 2
9 Sutex Bank 6 5
140
Total 100
Interpretation:
81, 58%
25, 18%
Interpretation:
From the above table it is clear that 34.21% Customers are purchase a
jewelry once in 3 month, 25.18% Customers are purchase a jewelry once in 6
month, and 81.58% Customers are purchase a jewelry once in a year.
8 Count of Which Reason for purchasing jewelry in branded
showroom? [Shopping experience]
60 54
50
40 35
30 26
18
20
10 7
0
Agree Disagree Neutral Strongly AgreeStrongly Disagree
Interpretation:
From the above table it is clear that purchasing jewelry from
branded showroom strongly agree customers are 35(25%), agree
customers are 54(38%), Neutral customers are 26(19%), Disagree
customers are 18(13%), strongly disagree customers are 7(5%).
9 Count of Which Reason for purchasing jewelry in branded
showroom? [Trendy and fashionable jewelry]
50 47
44
45
40
35 26
30
25
20 13 10
15
10
5
0
Agree Disagree Neutral Strongly Agree Strongly Disagree
Interpretation:
From the above table it is clear that Reason for purchasing jewelry
in branded showroom Trendy and fashionable jewelry strongly
agree customers are 44(31%), agree customers are 47(34%),
Neutral customers are 26(19%), Disagree customers are 13(9%),
strongly disagree customers are 10(7%).
10 Count of Which Reason for purchasing jewelry in branded
showroom? [Wide range of products under one]
Sr. No Frequency Percentage (%)
1 Strongly Agree 48 34
2 Agree 38 27
3 Neutral 34 24
4 Disagree 18 13
5 Strongly 2 2
Disagree
Total 140 100
60
48
50
38
40 34
30
18
20
10
2
0
Agree Disagree Neutral Strongly Agree Strongly Disagree
Interpretation:
From the above table it is clear that Reason for purchasing jewelry
in branded showroom Wide range of products under one strongly
agree customers are 48(34%), agree customers are 38(27%),
Neutral customers are 34(24%), Disagree customers are 18(13%),
strongly disagree customers are 2(2%).
11 Count of Which Reason for purchasing jewelry in branded
showroom? [Reliability]
60 54
50
39
40
30
23
21
20
10
3
0
Agree Disagree Neutral Strongly AgreeStrongly Disagree
Interpretation:
From the above table it is clear that Reason for purchasing jewelry in
branded showroom Reliability strongly agree customers are
39(28%), agree customers are 54(39%), Neutral customers are
23(16%), Disagree customers are 21(15%), strongly disagree
customers are 3(2%).
12 Count of Which Reason for purchasing jewelry in branded
showroom? [Price]
Sr. No Price reason Frequency Percentage (%)
1 Strongly Agree 40 28
2 Agree 43 31
3 Neutral 36 26
4 Disagree 17 12
5 Strongly Disagree 4 3
Total 140 100
50 43
45 40
40 36
35
30
25 17
20
15
10 4
5
0
AgreeDisagreeNeutralStrongly AgreeStrongly Disagree
Interpretation:
From the above table it is clear that Reason for purchasing jewelry in
branded showroom Price strongly agree customers are 40(28%),
agree customers are 43(31%), Neutral customers are 36(26%),
Disagree customers are 17(12%), strongly disagree customers are
4(3%).
13 Count of Which Reason for purchasing jewelry in branded
showroom? [Exchange]
Sr. No Exchange Frequency Percentage (%)
reason
1 Strongly Agree 34 24
2 Agree 49 35
3 Neutral 34 24
4 Disagree 14 10
5 Strongly Disagree 9 7
Total 140 100
Count of Which Reason for purchasing jewelry in
branded showroom? [Exchange]
60
49
50
40 34 34
30
20 14
9
10
0
Agree Disagree Neutral Strongly Agree Strongly Disagree
Interpretation:
From the above table it is clear that Reason for purchasing jewelry in
branded showroom Exchange strongly agree customers are 34(24%), agree
customers are 49(35%), Neutral customers are 34(24%), Disagree
customers are 14(10%), strongly disagree customers are 9(7%).
14 Count of Choices Diamond Colors? [D-F (Colorless)]
Sr. No D-F (Colorless) Frequency Percentage (%)
1 Emerald 8 6
2 Marquise 16 12
3 Oval 17 12
4 Pear 24 19
5 Princess 9 6
6 Round 63 45
Total 140 100
50
40
27
30
20 1617
8
9
10
0
Emerald Marquise Oval Pear Princess Round
Interpretation:
From the above table it is clear that D-F (Colorless) which have 8(6%)
Emerald colour, 16(12%) Marquise colour, 17(12%) Oval colour, 24(19%) Pear
colour, 9(6%) Princess colour, 63(45%) Round colour.
15 Count of Choices Diamond Colors? [G-J (Near colorless)]
40
30
27
25
23
20
11
10 5
0
Emerald Marquise Oval Pear Princess Round
Interpretation:
From the above table it is clear that G-J (Near colorless)which have
11(8%) Emerald colour, 23(16%) Marquise colour, 25(18%) Oval colour,
35
31 31
30
24
25
20
15 12
10 5
Interpretation:
From the above table it is clear that K-M (Faint) which have 24(17%)
Emerald colour, 12(9%) Marquise colour, 37(26%) Oval colour, 31(22%) Pear
colour, 5(4%) Princess colour, 31(22%) Round colour.
17 Count of Choices Diamond Colors? [N-R (Very Light)]
5 4
0
Emerald Marquise Oval Pear Princess Round
Interpretation:
From the above table it is clear that N-R (Very Light) which have 30(21%)
Emerald colour, 16(12%) Marquise colour, 27(19%) Oval colour, 36(26%) Pear colour,
4(3%) Princess colour, 27(19%) Round colour.
18 Count of Choices Diamond Colors? [S-Z (Light)]
30
25
22
20 1818
15
11
10
5
0
Emerald Marquise Oval Pear Princess Round
Interpretation:
From the above table it is clear that S-Z (Light) which have 18(13%)
Emerald colour, 18(13%) Marquise colour, 22(16%) Oval colour, 34(24%) Pear
colour, 11(8%) Princess colour, 37(26%) Round colour.
19 Count of Rate Product replicants. [Product Rating ]
28, 20%
44, 31%
Interpretation:
From the above table it is clear that 41(29%) of the product have best
ratings, 44(31%) of the product have good ratings, 28(20%) of the product have
normal ratings, 8(6%) of the product have not-satisfied ratings, 11(8%) of the
product have poor ratings, 8(6%) of the product have princess ratings.
20 Count of Which type of gold jewelry you can purchased? [Stud
/Earrings]
55, 39%
77, 55%
8, 6%
Always
Never Sometimes
Interpretation:
From the above table it is clear that in a gold jewelry Stud or Earrings
customers can purchased 55(39%) Always purchased, 8(6%) Never
purchased, 77(55%) Sometime purchased.
21 Count of Which type of gold jewelry you can purchased? [Bangles / Bracelets]
Sr. No Frequency Percentage (%)
1 Always 42 30
2 Never 12 9
3 Sometimes 86 61
Total 140 100
42, 30%
Always
Never Sometimes
86, 61%
12, 9%
Interpretation:
From the above table it is clear that in a gold jewelry Bangles /
Bracelets customers can purchased 42(30%) Always purchased,
12(9%) Never purchased, 86(61%) Sometime purchased.
22 Count of Which type of gold jewelry you can purchased? [Finger rings]
48, 34%
71, 51%
21, 15%
Always
Never Sometimes
Interpretation:
From the above table it is clear that in a gold jewelry Finger rings
customers can purchased 48(34%) Always purchased, 21(15%) Never
purchased, 71(51%) Sometime purchased.
23 Count of Which type of gold jewelry you can purchased? [Necklace
/ Chains]
50, 36%
69, 49%
21, 15%
Always
Never Sometimes
Interpretation:
From the above table it is clear that in a gold jewelry Necklace / Chains
customers can purchased 50(36%) Always purchased, 21(15%) Never
purchased, 69(49%) Sometime purchased.
24 Count of Which type of gold jewelry you can purchased? [Coins]
Sr. No Frequency Percentage (%)
1 Always 40 29
2 Never 56 40
3 Sometimes 44 31
Total 140 100
56, 40%
Interpretation:
From the above table it is clear that in a gold jewelry Coins customers
can purchased 40(29%) Always purchased, 56(40%) Never
purchased, 44(31%) Sometime purchased.
25 Count of How many Amount Invested in Gold?
Sr. No Frequency Percentage (%)
1 1,00,001-2,00,000 46 33
2 2,00,001- 3,00,000 21 15
3 Above 3,00,000 16 11
4 Below 1,00,000 57 41
Total 140 100
50 46
40
30
21
20 16
10
0
₹1,00,001-2,00,000 ₹2,00,001- 3,00,000 Above ₹3,00,000 Below ₹1,00,000
Interpretation:
CountofFrequency of PurchasingGold?
80
70 67
60 53
50
40
30
20
20
10
0
Monthly Occasionally Yearly
Interpretation:
Count of Preferred Gold Jeweler's and Level of Satisfaction with Preferred Gold Jeweler
70
6058
50
50
40
32
30
20
10
Interpretation:
Count of Preferred Gold Jeweler's and Level of Satisfaction with Preferred Gold Jew
54
60
50 45
41
40
30
20
10
0
High Low Medium
Interpretation:
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Chapter – 6
Findings Of Study
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67
Finding
Most of the respondents were male members. And female members
were in minority under study. Male member consist of 69% of
the total respondent.
Most of the respondent was in theagegroup of 18 to 25 years.
This agegroup consists of 63
% of total respondents.
Most of the respondents were unmarried members. And married
members were in minority under study. Unmarried member
consist of 68% of the total respondent.
Qualification level of existing customer most of them graduate
and higher secondary.
Among the 140 respondents, 35 % of respondents currently month
Family income Less Then 25,000, 11 % of respondents currently
month Family income 75,000-1,00,000. 17 % of respondents
currently month Family income 50,001, -75,000. 29 % of
respondents currently month Family income 25,001-50,000. 18 % of
respondents currently month Family income 1,00,000 and above.
Respondent having 85% Preference to buy jewellery for investment.
And 26% Preference to buy jewellery ForFashion.
Respondent having 28% Preference jewellery for wearing chains.
20% Preference jewellery for wearing Earrings. 16% Preference
jewellery for wearing Neckless. 15% Preference jewellery for
wearing Bangles. 13% Preference jewellery for wearing Rings. 8%
Preference jewellery for wearing Bracelets.
Product Quality is most kind of attributes attract to purchase
almost 33% And factor influence to buy 33%.
Most of member has no bank account so they Prefer Case for
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68
Payment.
81.58% of member buy jewellery once in year.
Most of customers were agreed to Reason for purchasing jewellery in
branded showroom of their Shopping experience, Trendy and
fashionable jewellery, Wide range of products under one,
Reliability, Price, Exchange etc...
Emerald - 6 %, Marquise- 12 %, Oval- 12 %, Pear- 19%, Princess-
6 %, Round 45% customer choices for D-F (Colourless) in
Diamond.
Pear is most command prefer by customer for G-J (Near Colourless)
and [N-R (Very Light)] in Diamond.
In Dimond Colours [K-M (Faint)] is most of choices by
Customer in oval.
Round is only preferred for S-Z (Light) Dimond colour.
Some Time member prefer to Purchased Stud /Earrings, Bangles /
Bracelets, Finger rings and Never Prefer to Purchased Coin.
Most of Customer Invest below 1,00,000 in gold.
Most Commonly Occasionally Costumer Prefer to buy Gold.
Count of Preferred Gold Jeweller’s and Level of Satisfaction
with Preferred Gold Jeweller. Branded and Non-Branded are
respectively high and Medium.
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69
Chapter – 7
Recommendation
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70
Chapter – 8
Limitations
Page
71
Less number of data
Customer behavior
Area for research
Less number of preferences
High working load
Rate fluctuation
Expiry dates
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72
Chapter – 9
Conclusion
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73
Conclusion
There are plenty economic advantages to buying gold jewellery.
Gold seems to have resale value, creating gold and it is of great benefit
to the buyer but of good benefit for assets.
The above is just one of many causes why gold jewellery in India
has become a gentle art. Based on that, the strategy but also behavior of
customer’s behavior of consumers buy jewellery throughout Sivakasi
played an important role.
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74
References
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75
(Source: https://www.ibef.org/industry/gems-jewelry-india.aspx)
(Source: https://blog.utsavfashion.com/accessories/imitation-jewelry)
(Source: https://timesofindia.indiatimes.com/business/india-
business/gems-and- jewelry-sector-problems-possibilities-and-
potential/articleshow/77278376.cms)
(Source: https://www.indiaonline.in/about/culture/indian-jewelry)
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