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Co-Author(Guide)
Dr.S.Ramalingam HOD Department of Management Studies Dr.MGR University, Madhuravoyal Chennai -95. Cell No: 9444542060 E-Mail: millianu7780@gmail.com
Introduction
The present scenario of the world, there is so much of diversity among the consumers wherein large difference exists between consumers of each state or nation in culture, values , beliefs ,language etc.Consumers make purchase decision by considering the country of origin of the brands that they assess which influences the consumer rate, quality and also the brand they select ultimately because they are aware that a particular firm or brand name is associated with a particular country(COO). Moreover they tend to have an attitude or preference when it comes to particular product being made in a particular country. This attitude might be positive or negative or even neutral depending on perception or experience of the consumer. Consumers of the present obtain different taste, life style, fashion etc. by observing various foreign movies, plays, theaters etc. When a consumer takes a decision to buy a particular product he would have crossed many steps in this regard. The manufacturer should know that from the age of buyers beware the Indian consumers is slowly but steadily moving into the era of Seller bewares. This is true not only in the case of an urban consumer even the rural consumer is able to access all the information that he needs at the click of a mouse. It should be noted that the Indian consumers are at a point where there is a multiplicative effect of income, growth aspiration to consumer and a changed consumer pattern, the growing DINK sector in Indian market has changed the buying pattern and decision process in the present day. Gone are the days that the husband / father were the buyer of the product and the mother or the woman the user of the product.
systems to save the recycling fee, or garbage piling up at landfills) this is also an area of interest. Consumer behavior involves services and ideas as well as tangible products. The impact of consumer behavior on society is also of relevance. For example, aggressive marketing of high fat foods, or aggressive marketing of easy credit, may have serious repercussions for the national health and economy.
A second application is public policy. In the 1980s, Accutane, a near miracle cure for acne, was introduced. Unfortunately, Accutane resulted in severe birth defects if taken by pregnant women. Although physicians were instructed to warn their female patients of this, a number still became pregnant while taking the drug. To get consumers attention, the Federal Drug Administration (FDA) took the step of requiring that very graphic pictures of deformed babies be shown on the medicine containers.
Social marketing involves getting ideas across to consumers rather than selling something. Marty Fishbein, a marketing professor, went on sabbatical to work for the Centers for Disease Control trying to reduce the incidence of transmission of diseases through illegal drug use. The best solution, obviously, would be if we could get illegal drug users to stop. This, however, was deemed to be infeasible. It was also determined that the practice of sharing needles was too ingrained in the drug culture to be stopped. As a result, using knowledge of consumer attitudes, Dr. Fishbein created a campaign that encouraged the cleaning of needles in bleach before sharing them, a goal that was believed to be more realistic.
As a final benefit, studying consumer behavior should make us better consumers. Common sense suggests, for example, that if you buy a 64 liquid ounce bottle of laundry detergent, you should pay less per ounce than if you bought two 32 ounce bottles. In practice, however, you often pay a size premium by buying the larger quantity. In other words, in this case, knowing this fact will sensitize you to the need to check the unit cost labels to determine if you are really getting a bargain.
The researcher and discussion on consumer behavior, purchase pattern Decision making has become a hot topic for academicians, marketers, researchers, etc. Earlier decision making process was as described in various books. But the process in the present day decision making has become a joint process in the family the decision making is not ore the whole and sole decision taking by the father or the husband in the family. But now a day the woman is also an active partner and is participating in the decision making .The scenario now is that the father or the husband is financier, woman is the initiator, and child is the influencer. Hence the market analysis are adopting both the `product window approach and people window `approach for getting an insight into the structure and driving cause for purchase of the product. The 1st approach deals with the perspective of ~how much of what is being bought and the latter deals with how many of what kind of people are buying. What factors are given importance while buying White goods? (W.r.to LG electronics)
Definition of White Goods: White goods are electronic goods which are given a finishing
with whither or metallic gray colour. The physical appearance would be white in colour. Examples for white goods are TV, Washing machine, Air conditioner, Refrigerator etc.
Sample Size:
The data was collected by mailing questionnaire to various academicians; the size of the sample is 110 who are the faculty in various colleges in Chennai city. 22 were Professors 22 were Senior lecturers 66 were Lecturers.
In terms of literacy:
In terms of education it is said that the education also play a vital role while selecting the product. As more educated have access to more information that the illiterates. Therefore the information was assessed for the no of respondents in various categories. 76 respondents were M.B.A , M.Phil. 22 respondents were M.B.A. M.Phil,(Ph.D) 12 respondents were M.B.A. M.Phil, Ph.D.
Analysis of Results:
Analysis is based on primary data collected from 110 respondents through E-mails . It was observed in the study that the buying patterns differed from customers to customer of different income groups. To a large extent , the frequency of buying was related to the type of product and its use in the house hold. The survey on this aspect reveals that the purchase pattern of the present generation has changed . Earlier the life of white Goods was considered to be 7 to 8 yrs.But the present generation consumer change their white goods every 4 to 5 yrs. The buying power of the middle income group consumers has given them this shift .The changeing trend and the zeal to have updated technological products by the youngsters has given a paradigm shift in buying theories and styles. Dual Income Group of people is increasing in the urban areas. The changing trend of buyers, the habits of the consumers, the impact of It industry has changed the trend of the buying behavior and buying patterns of the customer. The factors that influence the customers during the pre-purchase decision, point of purchase decision and post purchase decision are varying with great speed. People need updated products. They also see their products as their representatives Whtie Goods are considered to be their status. The goods like White goods which were once upon a time treated or viewed as luxury goods are now to be called as necessity or goods for convenience. The fast moving world do not want to waste time in silly matters, they need products of ready to use there fore time consuming process and products are not given importance. The goods which reduce time, energy, and of great preference. The ready mix generation do not want ot spend time on traditional items rather that they prefer to shell down an extra pie on the luxury goods and time saving products, like Washing machine, Storage devices like refrigerator etc. The consumers of Chennai city are different while compared to their counter parts of the rural India. They attach some preference and goodwill to the outlets and services offered by few shops. The busy segment of working class prefers fast delivery of products and services. So where they
feel convenient and comfortable.they prefer to buy goods on the base of convenience, service, delivery etc. they even try to introduce their neighbors ,collogues, children and suggest them to buy from the same shop. This intimacy often makes the shop owner t extend goods on credit basis.
O in nA N c s it /L x r G o s p io s e e s y u u y o d
10 0 9 0 8 0 7 0 6 0 5 0 4 0 3 0 2 0 1 0 0 It is an c s ity ees go od It is alu u g o x ry o d Refrigerator If o es p a e th r le s g ed ta iv e ils
W ite G o s h od
Chart 1 Represents the opinion of the respondents. It gives a clear picture that 86
respondents who have washing machine feel it is a necessity good, and 24 respondents feel it is luxury good. 95 respondents out of 110 feel Refrigerator as a necessity good and 15 of them feel it is a luxury good.57 respondents feel Air-conditioner as a necessity good and 53 of them feel it is a luxury good. Therefore the three white goods which were luxury goods few years back are to be shifting as necessity goods by the general public.
Number of Respondents
Chart 2:- Showing the Pre-Purchase Ranking of the factors influencing purchase decision of White Goods.
P -P rc a R k go F c rs re u h se an in f a to
10 0 9 0 8 0 7 0 6 0 5 0 4 0 3 0 2 0 1 0 0
conditioner
Washing
Machine
Air
S rie e s1 Advertisement Imported good Availability of Brand Name Distance to After sales Technical Warrantee Quality Colors Latest Home Utility Price Past
1 2 3 4 5 6 7 8 91 1 1 1 1 1 0 1 2 3 4 5 R k ac o in to p an ed c rd g referen e c
Chart 2 Represent the order of preference as given by the respondents while deciding to buy
the product like White Goods. their first preference is to check the price of the product and next in the series comes quality followed by 80% of the respondents prefer the quality of the product should be good 85% of the respondents feel that white goods are more prestigious goods and reflect their status 75% of the respondents said they compare the prices and then refer to buy the product.
1 Quality
2 Price
3 Utility
4 Latest
5 After sales
Availability of 7
Brand Name
9 10 11 12
Note: Ranking given on preference as 1 stands for most imporant factor and 12 factor of least importance. Chart 3 Represents the post purchase Ranking of the factors as preferred by the consumers. According to the preference given by the consumers quality has been the 1st preference in utilizing the product. Ranking of the factors has been graphically represented above.83% of the respondents said that they prefer to buy the product of their favorite brand.67 % of the respondents believe income is directly linked with purchase of white goods.81% preferred the products with after sales services.92% of the respondents preferred to buy the products which have easy availability of spare parts.77% of the respondents preferred to buy the products on the basis of technical assistance and warranty period availability. 82% respondents had influence of the past experience of the shop. 79% of the respondents selected on the range of size and colour available.
REPRESENTED IN %
U A E FP O U T SG O RDC
9 0 8 0 7 0 6 0 5 0 4 0 3 0 2 0 1 0 0
2 T P O UA E YE F S G
Chart 4 Represents the graphical data of the usage by the respondents with reference to each
White goods taken for the study. This clearly defines that people are using the white goods regularly for their work in day to day work and they have become a part of life especially in the middle income group where both husband and wife are employed. These white goods save time to the maximum extent for the couple with odd working hours.
Bibiligraphy:
Consumer behavior by Chunawala Consumer behavior by Leon. G.Shiffman Consumer behavior by David L.Loudon & Albert J.Della Bitta Introducing to psychology by Clifford T.Morgan, Richard A King. Research methodology by Ravilochan Research methodology by C.B.Gupta. Saunders, M., Lewis, P., & Thornhill, A. (2003). Research Methods for Business Students (3rded.). Edinburgh Gate, Essex, England: Pearson Education Limited. Turban, E., Leidner, D., McLean, E., & Wetherbe, J. (2006b). Information Technology for Management. Hoboken, New Jersey: John Wiley & Sons, Inc. Tzu, S. (2005). The Art of War (L. Giles, Trans.). The United States of America: El Paso Norte Press. (Original work published 6th cent. B.C Fornell, Claes. (1992). A National Customer Satisfaction Barometer: The Swedish
experience. Jourrral of Murkerirrg 56 (January). 6-21. Helson, Harry. (1964). Level Theocv. New York: Harper d Row ICFAI journal of marketing management ICFAI journal of brand management Advancage management GIM Journal Articles in various papers. International journal on marketing and consumer behavior.
Questionnaire
Post- purchase satisfaction in consumer w.r.to white goods of LG Electronics
Respected Sir/Madam, I am Ms.B. Neeraja Research Scholar from Dr. MGR University, Chennai. I am doing my research work on the topic Post- purchase level of satisfaction in consumer w.r.to white goods of LG Electronics. I therefore kindly request your to spend your valuable time to fill this questionnaire.
I: Personal Details:
Married W Widowed
High School U UG P PG P Professional course D Doctorate O Others 6. Income of the family Per month Use / X to Individual express your views Below Rs.10,000 Rs.10,001 - Rs.20,000 Rs.20,001 Rs.30,000 Rs.30,001- Rs.40,000 Rs.40,000 and above 8. Occupation: P Professional T Technical M Manager O Others Family
II : Pre-Purchase details: Answer the below questions if you are user of LG companys goods
9. When did you buy the product: Washing Machine ___ yrs Refrigerator ____yrs Air-Conditioner _____yrs. 10.What was your idea before buying the product Washing Machine
It is a necessity good It is a luxury good If others please give details
Refrigerator
Air conditioner
11.What features did you consider before buying the following: Rank them No.1 being the top most priority and No.15 as the least priority. Features
1 2 Price Quality Assurance
Washing Machine
Refrigerator
Air conditioner
3 4 5 6 7 8 9 10 11 12 13 14 15
Advertisement Utility After sales services Latest Technology Brand Name Imported good (Foreign product) Availability of spare parts Colors available Technical assistance Warrantee period Home Delivery Distance to Company show room Past Experience with the shop
12. Brand Consciousness / Price Equals Quality Use / X to express your views
Washing Machine Refrigerator Air -Conditioner
1 2 3 4 5 6
I believe that the well-known brands are for me The more expensive Brands are usually my choice Higher the price, the better the quality of product Specialty stores offer me the best products I prefer buying the bestselling Brands Most advertised brands are usually my preference
13.How do you collect Information for purchasing a white good ? A Advertisement N Neighbors F Friends and relatives Dealers C Colleagues Sales representatives Others O
I have favorite Brands I buy again and again Once I like the performance of the product I stick to it I go to the same shop each time I need to purchase I change Brands very regularly
SA
I Pick the same brand of product habitually I Think about the products I buy & select them as they satisfy I Look for bargains, deals, premiums, & usually compare prices I Want quality and will pay extra to get it
NI
DA
SDA
5 6 7 8 9 10 11 12 13
I Choose well advertised brands and do not take chances on unknown products or manufacturers I Keep trying new products to see what they are like I Judge brand on the basis of ingredients, weight, & package size I Never read the information on a package to find out what it contains I Am attracted to brand by its name, color , package, and its design I Usually buy what friends say is good I Pay attention to advertisements and study them to make up my mind on what to buy I do not check into low-cost items much, but do shop intelligently and compare prices for high-priced Products
18.Buying style:
NI= No idea
A=Agree
19.I Am conservative and do not take chances S SA= Strongly Agree A=Agree NI= No idea
20 .I had to take a calculated risk SA= S Strongly Agree A=Agree NI= No idea
21.Take chances just to see what will happen S SA= Strongly Agree A=Agree NI= No idea
22.I Plan shopping carefully with a list of needs and make an excursion out of the trip S SA= Strongly Agree A=Agree NI= No idea DA= Dis agree SDA=strongly dis-agree
N No
NC=No-comments DS=Dissatisfied
Product/Features
1 2 3 4 Price Quality Advertisement Utility
Washing Machine
HS S NC DS HDS
Refrigerator
HS S NC DS HDS
Air conditioner
H S S NC DS HDS
5 6 7 8 9 10 11 12
After sales services Latest Technology Brand Name Customer care service Availability of spare parts Technical assistance Warrantee period Home Delivery
26.I am a
Washing Machine Refrigerator Air -Conditioner
1 2 3 4
Short time
Many years
Thank you for the interest you have taken in answering this questionnaire This information would strictly be used only for the academic purpose.