FINAL
FINAL
SUBMITTED BY
SIVAPATHI NA
125071090
SCHOOL OF MANAGEMENT
THIRUMALAISAMUDRAM – 613401
TABLE OF CONTENT
1. Introduction
2. Objectives
4. Research Methodology
5. Literature review
6. Questionnaire
TOPIC: A Study on Buyers Behaviour On buying Smart watches
Introduction:
Objectives
2. To examine how the pricing affects the decision in buying a smart watch
Conceptual Framework
Features of Smart
watches
Buyer behaviour
Price of Smart watches
Online vs offline
shopping
Methodology
The main aim of the study is to to find which brand of smartwatch has
highest usage. To know the perception of students in smartwatches and to find
which specification in smartwatch has highest usage.The objectives of the study
are To know the perception of students in smart watches. To find which
specification in smartwatch has highest usage. The study concluded that many
students were highly interested to buy smartwatches. The study further touches
on their efficient management of power, easy user interface and the minimal
display. The study concluded that many students were highly interested to buy
smartwatches. The study further touches on their efficient management of
power, easy user interface and the minimal display. As a result of that many
companies were started to infuse more technology in smartwatches. The
wearable world is constantly changing. Every year, new products and brands are
introduced, offering better metrics and user experience, while other brands fade
away from the consumer marketfor different reasons. Improvements in product
quality provide new research opportunities. This project set out to determine if
the smart watch would be useful to university students. A review of literature
was first conducted where wearable computing was discussed further,
specifically in the area of smart watches where their known advantages and
disadvantages were acknowledged. The consumers are thinking that
smartwatches are reasonably priced based on its features. From this study it can
be concluded that consumers are likely own a smartwatch in future to perform
variety of tasks. The results of this research are consistent with previous studies
regard smartwatches.There are many other factors like perceived behavioral
control and ease of use etc have not been considered in this study. In this study
the perception of consumers who have already awareness are analyzed but there
is chance that people who are educated about smartwatch may likely to
purchase it.
The topic mainly focuses on the differences from users and non-
users” is due to the market development of smartwatches up-to-date and has not
been studied much. The importance to study, in order to get an insight into the
German purchasing behaviour of new technologies such as smartwatches and to
expand the ground for further studies. Since most researches on consumer
buying behaviour of smartwatches were done in a quantitative approach, this
research could bring new insights due to interviews. Furthermore, it reveals a
more personal point of view of an individual purchasing decision. In addition,
this study provides a new perspective to this topic by studying the differences of
smartwatch owners and nonowners on their influences to buy such a device.
This study can be beneficial for businesses that market smartwatches or other
wearables since it provides more in-depth data.
In light of this, the current work has been carried out to enhance
academic understanding of factors influencing customers' purchasing intentions.
To achieve this goal, we used Descriptive statistics. The data was gathered
through an online survey. This research found out that brand and health
consciousness positively influence buying behaviour, Social Influence and
operational Difficulties negatively influence buying behaviour Finally Cost has
a neutral effect on buying the behaviour of smartwatch. This study examined
the behavioral intention to use smartwatches, practitioners should exercise
sufficient caution when interpreting its findings. Perceived Value and Intention
to Purchase a Smartwatch. This study adds twice as much to the body of
knowledge already known about the current fieldof interest. First off, there is
just a little amount of published scientific research on smartwatches, and this
study is an addition to that small body of work. In particular, it strengthened and
confirmed the value of using technology acceptance modeling (TAM) to
anticipate buyers' intentions. These elements are also important in influencing
people' decisionsto purchase smart watches. The study's findings are Brand &
Health consciousness will positively influence the customer in buying the
smartwatches.
In this study, the factor of usability, brand, and pricing factors are
studied to determine their influence on the customer’s perceptions toward
smartwatch usage. Customer perception in this research is referring to
Indonesian smartwatch users who already owned or used smartwatch in their
daily lives. By understanding the consumer perceptions toward smartwatch, the
result of this study is expected to be an excellent input for smartwatch
producers, sales, and distributors. According to the research from
Counterpoint’s Global Smartwatch Tracker, global smartwatch shipments grew
37% in Q2 2018 with Apple domination with 41% share. Further, smartwatch
makers are looking to add cellular connectivity for standalone use-cases as 90%
of smartwatches shipped today are not cellular capable [5]. As many researchers
developed studies on smartwatch usage and factor adoptions [6, 7, 8, 9, 10],
none of them explore the influence factors that affecting customer’s perceptions
toward smartwatch, regarding its usability, brand, and pricing. This study
closing this gap and provide a deep understanding of Indonesian user perception
of a smartwatch. In this study, we examined the influence factor of usability,
brand, and pricing factors to the smartwatch customer’s perceptions in
Indonesia. The research procedure includes: surveying to 116 respondents in
Indonesia; testing the collected data for reliability and validity; and analyzed the
relationship using linear regression.
Personal Information:
1.Age:
18-24
25-34
35-44
45-54
55-64
65 and above
2.Gender:
Male
Female
Third Gender
3.Occupation:
Student
Professional
Self-employed
Homemaker
4.Monthly Income:
NIL
Less than 10,000
10,001 – 20,000
20,001 – 30,000
30,001 – 40,000
40,001 – 50,000
More than 50,000
Smartwatch Usage:
Yes
No
If yes, please specify the brand and model.
Battery life
Fitness tracking
Heart rate monitoring
GPS functionality
Water resistance
App compatibility
Customization options
Notifications
Pricing Influence:
Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
Shopping Preferences:
Online
Offline/Retail store
10.If you prefer online shopping, what factors influence your decision?
(Select up to 3)
Price
Reviews and ratings
Convenience
Return policy
Variety of options
11.If you prefer offline shopping, what factors influence your decision?
(Select up to 2)
In-person experience
Immediate availability
Expert assistance
Try-before-buy option
Brand Perception:
Yes
No
13.What factors contribute to your perception of a smartwatch brand?
(Select up to 3)
Brand reputation
Product reviews
Recommendations from friends/family
Advertising
Very important
Important
Neutral
Not very important
15.Would you prefer a smartwatch with a longer battery life, even if it
means sacrificing some features?
Yes
No
Decision-making Process:
Online reviews
Social media
Friends and family
In-store displays
Advertisement
Post-Purchase Experience:
Very satisfied
Satisfied
Neutral
Dissatisfied
Very dissatisfied
Yes
No
Future Preferences:
20.How likely are you to upgrade your current smartwatch within the next
year?
Very likely
Likely
Neutral
Unlikely
Very unlikely
21.What factors would influence your decision to upgrade? (Select up to 3)
New features
Brand reputation
Price
Better design
Improved performance
22.Any additional comments or suggestions regarding smartwatches that
you would like to share?