Marketing (Black Book)
Marketing (Black Book)
Marketing (Black Book)
PROJECT REPORT ON
GENERAL MANAGEMENT FUNCTIONAL
2022-2024
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Vishweshwar Education Society’s
PROJECT REPORT ON
GENERAL MANAGEMENT FUNCTIONAL
2022-2024
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DECLARATION
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Vishweshwar Education Society’s
Dr. Mar Theophilus Institute of
Management Studies
CERTIFICATE
Date:
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DR. SUSEN VARGHESE PROF. LALIT BHOLE
DIRECTOR
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ACKNOWLEDGEMENT
This project has been a great learning experience for me. I take this
opportunity to thank Prof. Lalit Bhole, my internal project guides whose
valuable guidance & suggestions made this project possible. I am extremely
thankful to him for his support. He has encouraged me and channelized my
enthusiasm effectively.
I would like to thank all the professors and the staff of Indira Institute of
Business Management especially the library staff who were very helpful in
providing books and articles I needed for my project.
Last but not the least, I am thankful to all those who indirectly extended their
co-operation and invaluable support to me.
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EXECUTIVE SUMMARY
The impact of social media on consumer buying behaviour project delves into how platforms
like Facebook, Instagram, and Twitter influence the purchasing decisions of individuals. This
project also explores the contemporary marketing landscape in India. We conducted this
research utilizing an online questionnaire to understand the impact of social media on
consumer purchasing behaviour. Consumers are information seeker and they collect
information before buying any product. The presentation tools use for this research is pie
charts and bar graphs. Advertisements also have great influence on consumers and many
people buy their products through online. The main objective of this research is to find out
how much customers know about social media and factors influencing changing buying
behavior of consumers. More details about findings are given in this project.
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Contents
I INTRODUCTION 8-11
Introduction 9
Statement of the Problem 10
Objectives 10
Scope of the Study 10
Limitations of the Study 10-11
V FINDINGS 31-32
VI SUGGESTIONS 33-34
BIBLIOGRAPHY 37-38
APPENDIX 39-42
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CHAPTER 1
INTRODUCTION
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I. INTRODUCTION:
Social media has occupied an important position as a communication tool. It is all about
facilitating people to express and share ideas, thoughts and opinions with others. People
across the globe use social media to connect other people or organizations. The latest trend in
marketing is the introduction of social media.
Now-a-days social media had become very strong tool in influencing buying decisions of
consumer. Social media has the power to influence potential customers from the start until
the stage of a purchase and beyond as well. There are four ways in which social media
influences consumer behavior. They are: social media (a) builds product awareness, (b)social
proof as a greater force of buying decisions, (c) promotions discounts and deals on social
media, (d)social media influencers.
Social media is a huge influence on consumers when they are attempting to build awareness
about a particular product. A large section of the audience gets to know your brand through
the content that is distributed on social media, in this way people get to know about your
product. Social proof has emerged due to the tendency of people to imitate the behavior of
people around them. Happy customers tend to go about praising the products with likes,
shares, reviews and comments on social media.
When consumers see promotions, discounts and deals on social media, it influences their
buying behavior. Consumers are more likely to buy when they get recommendations from a
person they trust. Celebrities and popular people inspire their audience and influence their
buying behavior. Social media which includes the content, visuals, promotions, discounts and
influencers has the ability to influence the buying behavior of consumers.
In the modern era the using of social networking websites has extensively effect on the
consumers in various ways. There are many online networking sites which affect consumer
behavior. They are Google+, LinkedIn, YouTube etc. Now-a-days social media is used by
almost all the ages of consumers like college students, working class and even old age people
too. The main aim of this study is to examine how social media will affect the final consumer
behavior among person who mostly use social media websites. Consumer referred to here is
general public. The study has also undertaken to analyze how social media will affect buying
decisions of general public and the factors that motivate general public to shop through social
media platforms.
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II. STATEMENT OF THE PROBLEM:
In today's world people start their day with smart phones and they are easily attracted towards
recent updates and ads in social media accounts. Now-a-days social media platforms like
WhatsApp, Instagram, You Tube, Facebook etc. influence consumer behavior a lot and also
make purchase very easy through online. Hence the aim of this study is to examine how
social media will influence consumer behavior of general public and also analyze the factors
affecting the general public to purchase through social media platforms.
The main objective of this study is to examine the impact of social media on buying behavior
of consumers. Specific objectives of the study are: -
1. To analyze how have social media channels affected buying behavior of consumers.
2. To identify the factors that motivate consumers to shop through social media platforms.
3. To find out which is the best social media preferred by customers.
The scope of the study covers the general public, the study will help us to understand the
impact of social media on consumer behavior. Social media has an important role in
influencing buying decisions of consumer. This study has made an attempt to understand the
influence of social media on consumer behavior. Social media has the power to influence
potential consumers from the start until the stage of a purchase and beyond as well. The study
is greatly significant because in today’s world social media has an important role in day-to-
day activities of people. The study will also reveal how social media will affect buying
decisions of general public and the factors that motivate general public to purchase through
social media platforms.
3. As the study was limited to a specific time period. Thus, it cannot be used to analyze
behavior over a period of time as the timing is not guaranteed to be representative.
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CHAPTER 2
REVIEW OF LITERATURE
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REVIEW OF LITERATURE:
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Abdul Bashiru Jibril, Michael Adu Kwarteng, Miloslava Chovancova and Michal Pilik
(2019):
This paper aims at examining the mediating role of online based-brand community (OBBC)
through social media platforms (SMP) given the interplay of consumers’ purchasing attitude
in a virtual space. The findings generated through the partial least square and structural
equation modelling (PLS-SEM) showed that OBBC on the social media platform positively
initiates consumer-brand engagement and user-brand relationship. Daniela Baum, Martin
Spann, Johann Fuller and Carina Thurridl (2019) The goal of this study was to analyze the
impact of a social media campaign on the success of a new product introduction. The results
of the study revealed that campaign-related factors positively influence consumers’ attitude
toward the new product, which in turn mediates the positive influence on purchase intention
and recommendation behavior.
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Emerson Wagner Mainardes and Marcelo Vieira Cardoso (2019):
The research evaluates the effect of the use of social media on consumer trust, loyalty and
purchase intention in physical stores. The results suggest that the use of social media,
company and user-generated communication positively affects trust of the physical store.
Trust, in turn, has a direct positive effect on consumer loyalty to the store, and both trust and
loyalty have positive impacts on a consumer’s purchase intention.
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CHAPTER 3
METHODOLOGY
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I. RESEARCH METHODOLOGY:
Research methodology is a process used to collect information and data for the purpose of
making
decisions. The methodology may include publication research, interviews, surveys and other
research techniques.
The secondary data were collected from books, journals, websites and other published
sources.
V. SAMPLE DESIGN
A self- designed questionnaire was developed and given to general public. The questionnaire
is related to
impact of social media on consumer behavior.
The population of the study is general public of Navi Mumbai & Thane.
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VIII. TOOL FOR ANALYSIS
Major tool used in the analysis process has been graphs and chart for interpreting the data
collected.
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CHAPTER 4
DATA ANALYSIS AND INTERPRETATION
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I. INTRODUCTION:
In this chapter the analysis and interpretation of the study on impact of social media on
consumers
buying behavior based on the survey by a sample of 61 respondents selected from Navi
Mumbai & Thane city.
Table no.1:
Usage of social media YES NO
No. of Respondents 61 0
Figure no.1:
YES
NO
100%
Interpretation:
Out of total respondents in this survey all the participants use social media. It can be
interpreted that social media has a great influence in the day-to-day life of the people.
Table no.2:
Purpose of Shopping Chatting Information Make Friends
Usage of social
media
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No. of 7 22 29 3
Respondents
Figure no. 2:
48% 36%
Interpretation:
Most of the respondents use social media for information. Along with this they also use social
media for chatting. Only few uses social media for shopping and making friends.
Table no.3:
Types of social Facebook WhatsApp Instagram Snapchat
media used
No. of 5 15 40 1
Respondents
Figure no.3:
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Types of social media used
8% Facebook
2% WhatsApp
Instagram
25% Snapchat
65%
Interpretation:
Out of 61 respondents, majority of them are using WhatsApp daily. Some of them are also
using Instagram. Only few are using Facebook and snapchat daily.
Table no.4:
Time spent on 0 hour 1-5 hour 5-10 hour 10 hours or
social media per more
day
No. of 1 42 18 0
Respondents
2%
0 hour
1-5 hour
30% 5-10 hour
10 hours or more
69%
Figure no.4:
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Interpretation:
Out of total respondents in this survey, majority of them spent time on social 1-5 hours per
day. Some of them spent 5-10 hours per day. None of them spent 10 hours or more on social
media. Only one respondent is not spending time on social media daily. It can be interpreted
that social media has become part of our daily life.
Table no.5:
Attention paid to YES NO MAYBE
advertisement on social
media
No. of Respondents 26 18 17
Figure no.5:
Yes
No
28% Maybe
43%
30%
Interpretation:
Out of total people participated we can understand that most of the respondents are paying
attention to advertisements on social media. Some of them are not paying attention to social
media. Some of them may be paying attention to advertisements on social media.
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Table no.6:
Trust on social media Yes No
No. of respondents 40 21
Figure no.6:
YES
34% NO
66%
Interpretation:
Most of the respondents trust on social media. Still 34.4% don't have trust on social media.
Table no.7:
Influence of social YES NO MAYBE
media on buying
decision
No. of Respondents 31 13 17
Figure no.7:
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Influence of social media on buying
decision
YES
28% NO
MAYBE
51%
21%
Interpretation:
Out of 61 respondents, the buying decision of 31 respondents are influenced by social media.
Buying decision of 13 respondents are not influenced by social media. Buying decision of 17
respondents may be influenced by social media.
Table no.8:
Percentage of Below 25% 25%-50% 50%-75% 75%-100%
purchase
influenced by
social media
No. of 14 34 13 0
Respondents
Figure no.8:
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Percentage of purchase influenced
by social media
Below 25%
25%-50%
21% 23%
50%-75%
75%-100%
56%
Interpretation:
From the above figure and table, we can understand that 25%-50% of purchase of 34
respondents are influenced by social media. Along with this 50%-75% of 46 purchases of 13
respondents and below 25% of purchase of 14 respondents are influenced by social media. It
is interpreted that 75%-100% of purchase of none of the respondents are influenced by social
media.
Table no.9:
Types of Instagram Facebook YouTube Twitter Blog Post
social media
that influence
purchase
decision
Respondents 30 4 24 0 3
Figure no.9:
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Types of social media that influence
purchase decision
Instagram
Facebook
5% YouTube
Twitter
39% 49% Blog Post
7%
Interpretation:
Purchase decision of most of the respondents are influenced by Instagram and You Tube.
Only few of them are influenced by Facebook and blog post. None of them are influenced by
twitter.
Table no.10:
Factors that The Frequent Visual elements of How How a
drive exposure of advertisements/product important product is
attention in product/advertisement s a product liked
social media is to me commented
& shared by
others
No. of 12 13 26 10
respondents
Figure no.10:
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Factors that drive attention in social media
The Frequent exposure of
product/advertisement
9% Visual elements of ad-
10% vertisements/products
How important a product is to me
How a product is liked commented
23% 59% & shared by others
Interpretation:
The importance of a product to consumer is the most important factor that drives attention in
social media. Along with this exposure of products/advertisements, visual elements of
products/advertisements, likes and comments shared by others are also factors that drives
attention in social media.
Table no.11:
Factors that Low Price Save Time Quality of Easy to make Offers &
motivate the Product Payment Discounts in
consumers to social media
shop through
social media
No. of 11 12 11 5 22
Respondents
Figure no.11:
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Factors that motivate consumers to shop
through social media
Low Price
9% Save Time
10% Quality of the Product
Easy to make payment
Offers & Discounts in social media
23% 59%
Interpretation:
From the above table and figure we can understand that most of the respondents are
motivated by offers & discounts in social media to shop through social media. Along with
this they are also motivated by factors like low price, saves time, quality of the product. Only
of few of them are motivated by the factor easy to make payment.
Table no.12:
Mostly preferred Flipkart Amazon Myntra
online shopping sites
No. of Respondents 36 23 2
Figure no.12:
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Mostly preferred online shopping
sites
Amazon
11%
Flipkart
Myntra
25%
64%
Interpretation:
Flipkart is the online shopping site that is mostly preferred and next mostly preferred app is
amazon.in. The least preferred app is Myntra.
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CHAPTER 5
FINDINGS
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FINDINGS:
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CHAPTER 6
SUGGESTIONS
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SUGGESTIONS:
I. Advertisements on social media should be made more attractive so that more people
will be paying attention towards it.
II. Social media can provide more information about the products and services, which
will improve the knowledge of the consumer.
III. Information provided on social media should be correct and reliable, which will
increase the trust of the people.
IV. More offers & discounts should be made on products in social media, so that more
people will be motivated to shop through social media platforms.
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CHAPTER 7
CONCLUSION
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CONCLUSION:
This study shows that social media has a great influence in the behavior of the consumers.
Discounts and deals on social media, likes and comments about the product, social media
influencers, reviews about the product in social media are the factors that influence consumer
behavior. It is also clear from the study that social media has many advantages compared to
traditional media. Consumers are attracted towards the products by watching advertisements
in social media. It is found that offers & discounts in social media is the factor that motivate
consumers to shop through social media platforms. According to the survey Flipkart is most
preferred online shopping site. Most of the people are using information available on social
media in case of uncertainties regarding a product. It can be concluded that social media has
the power to influence potential consumers from start until the stage of a purchase and
beyond as well. It also enhanced the knowledge of consumers regarding the products and
services. There is no doubt that, importance of social media will increase in future.
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BIBLOGRAPHY
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BIBLOGRAPHY:
1. www.clootrack.com
2. https://www.easymedia.in
3. https://en.wikipedia.org
4. https://www.webfx.com
5. https://www.shareyouressays.com
6. https://businessjargons.com
7. https://www.omniconvert.com
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APPENDIX
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QUESTIONNAIRE:
1. Name:
2. Age Group:
Under 18
18-25
25-40
40 & above
3. Gender:
Male
Female
Other
4. Occupational status:
Student
Employed
Unemployed
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7. Which of the following type of social media are you using on a daily basis?
Facebook
Instagram
WhatsApp
Snap chat
Other
12. In your opinion which of these factors drives your attention in social media?
The frequent exposure of products/advertisements
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Visual elements of advertisements & products
How important a product is to me
How much a product is liked, commented & shared by others
Other
13. In your opinion which of these factors motivate you to shop through social media
platforms
Low price
Saves time
Quality of the product
Easy to make payment
Offers & discounts in social media
Other
14. Which of the following online shopping sites are mostly preferred by you?
Flipkart
Myntra
Amazon.in
Other
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