Email: smu.assignment@gmail.com
Mob: +919741410271 / +918722788493
CASE 1
Sports marketing strategy: A consumer behavior
case analysis in China. Marketing
research that targets consumers' influences and financial implications is a
worthwhile sports marketing effort. To implement effective marketing strategies
in a specific country, it is pertinent to understand consumer behavior in that
country. In this paper, 11 major findings related to the unique behavior,
attitudes, and buying patterns of Chinese sports consumers are highlighted.
From the results of questionnaires administered to 2,155 mainland Chinese
consumers in 10 selected cities, different economic, social, and personal
factors in the China's environment are determined. The marketing implications
of the Chinese culture and lifestyle are also discussed.
With a quarter of the world's population and a
fast-growing economy, China is rapidly turning into one of the busiest market
centers in the world. Sports marketing has the potential to emerge not only as
an effective vehicle in imitating the development of the Chinese economy, it
also affects the Chinese culture and lifestyle.
Since sports marketing in China has not been
analyzed or researched, it is appropriate to study the consumer as well as
general financial implications. A look at American success in sports marketing
will be helpful. However, implementing such strategies in China creates special
considerations because of the existence of cultural and economic differences
between the two countries. This study attempts to identify the proper marketing
strategies in China through an analysis of Chinese consumers' behavior,
attitudes, and buying patterns.
METHODOLOGY
The methodology used in this study consisted of
exploratory research of interviewing managers of retail outlets, secondary
research of literature review, and primary research of a total of 4,000
questionnaires distributed in 10 selected cities (Beijing, Chendu, Guangzhou,
Nanjing, Qindao, Shanghai, Shenzhen, Tianjin, Xian, and Xiamen) in China.
Questionnaires were administered to a judgmental quota sample and assigned to
one of four age groups with equal males and females. The rate of response was
53.9%; 2,155 questionnaires were returned.
The analysis of the data include editing, coding,
analyzing coded observations, and interpreting results for solutions to the
research problems. Tabulations and measures of central tendency were used to
describe the distribution of characteristics in the subject population.
Crosstabulation and chi square statistics were also used to show relationships
between consumer segments.
SURVEY FINDINGS
Eleven major factors affecting consumer purchasing
emerged from the questionnaire data analysis: 1. purchasing reasons; 2.
purchasing experience evaluation; 3. income level relative to the expense
level; 4. type of sporting goods purchased; 5. product factors affecting
purchasing; 6. people influencing consumer purchasing; 7. sources of
information about where and how to purchase;8. influence of advertisements; 9.
brands consumers prefer; 10. where goods purchased; and 11. time spent in
sports.
Purchasing Reasons: The major reason why people
purchased sports products was "for exercise."
Purchasing Experience Evaluation: Approximately
half of the respondents indicated that their purchasing experience was
"positive."
Income Level Relative to the Expenses Level: The
Chinese consumers' income levels range from less than $173 U.S. per year to
over $863 U.S. a year. The middle income level accounted for 72% of the
respondents.
However, most respondents indicated they spent
"less than $40 U.S. per year" on the purchase of sporting goods.
Type of Sporting Goods Purchased:
"Shoes" were the No. 1 favorite type of sporting goods for Chinese
consumers. Females tended to purchase apparel; males were more likely to
purchase all type of sporting goods.
Product Factors Affecting Purchasing:
"Quality," "style," and "price" were the three
most important factors influencing purchasing decisions. People Influencing
Consumer.
Purchasing: "Boy-and-girlfriend" had the
most important influence in the decision process. "Parents" had the
least important influence.
Sources of Information About Where and How to
Purchase: The major information channel for Chinese consumers was their
"going to a shopping mall" experience.
Influence of Advertisements: Of those responding
to the survey, more than half said they either "occasionally" or
"rarely" believe advertisements.
Brands Consumers Prefer: Adidas, Asics, Nike, and
Reebok were identified by the Chinese consumers.
Where Goods Purchased: Most of those surveyed
purchased their sporting goods from either "a sporting goods store"
or "a department store."
Time Spent in Sports Activities: Almost 90% of the
Chinese consumers spent "less than 5 hours a week" participating in
sports activities. However, three meaningful findings emerged: 1) those who
participated "less than 5 hours per week" in sports activities spent
more money purchasing sports products than those who participated "over 5
hours" per week in sports activities; 2) those in the income level of
"$402 to $863 U.S." spent more time participating in sports
activities; 3) young adults and "unmarried" persons spent more time
per week participating in activities than those who were "married" or
elderly.
DISCUSSION ON CONSUMER INFLUENCES
The following discussion focuses on economic,
social, and personal influences. These three categories have unique Chinese
environmental and cultural meanings and thus need to be considered when
engaging in marketing in China.
Economic Factors: Unlike the past, when most
income was spent on basic necessities such as food and clothing, the current
Chinese consumer spends more money on entertainment and durable goods. However,
the general tendency of the Chinese consumer to have stronger purchasing power
and the fact that their buying decisions reflect creative purchasing beyond
bare necessities are not reflected in sports marketing. It could be concluded
that not all Chinese consumers are willing to spend a certain percent of their
income on sports products. This phenomenon can be explained either by
consumers' lack of sufficient income or too high a price for sports products.
On the other hand, however, a great potential exits for marketers who appeal to
the Chinese consumers with creative strategies. Those who know desires and
needs in specific areas, while being sensitive to economic restraints, may
capture a slumbering Chinese market.
Social and Culture Factors: With the
implementation of an "open-door policy" in China, the lifestyle of
the Chinese people changes constantly. Several social and cultural trends may
stimulate marketers to be optimistic about Chinese consumers.
- The most
important trend is growing fitness consciousness. No matter the gender,
age, occupation, and education of those surveyed, all tend to tie their
purchase of sports products with exercise and entertainment.
- A second
trend the survey revealed is a movement toward use of sports products for
casual reasons. Chinese consumers are embracing a more casual and
health-conscious lifestyle.
- There is a
growing consumer preference for international products. The Chinese
people, especially the younger generation, are very fond of wearing and
using brand name sporting goods from around the world. Owning high grade
sporting goods seems to be a symbol of wealth and a new fashion for those
young consumers.
The social and culture trends just
discussed will lead to different pricing, promotional, and distributional
strategies. Since marketing principles
are applicable throughout the international arena, what has proved successful
in the American market could basically be transferred and applied to the China
market.
However, to implement a successful
marketing strategy in China, several environmental differences must be taken
into account:
1) "Shopping on Sundays" is a hobby for Chinese consumers.
Marketers should create an
attractive shopping environment in a prestigious shopping center.
attractive shopping environment in a prestigious shopping center.
2)
Chinese consumers believe what they see rather than what they hear. They know
that some
imitation products exist in the market, and dishonesty in advertising is publicized. Marketers
should increase their image by eliminating imitation products and dishonesty advertising.
imitation products exist in the market, and dishonesty in advertising is publicized. Marketers
should increase their image by eliminating imitation products and dishonesty advertising.
3)
Although consumers' attitudes toward the international sports products are
positive, devotion
or loyalty to brands is subject to rapid change. Marketers should have a strategy to keep
consumers' loyalty.
or loyalty to brands is subject to rapid change. Marketers should have a strategy to keep
consumers' loyalty.
4)
Non athletes have greater purchasing power than most athletes or sportspersons.
Nonathletes
buy sporting goods either to impress others or simply because their friends have those items.
Marketers should consider how to design sports product with attractive sports features.
buy sporting goods either to impress others or simply because their friends have those items.
Marketers should consider how to design sports product with attractive sports features.
5)
The type of sporting goods desired by the older and younger generations is
widely dissimilar.
And a large gap exists between the desire to purchase and the ability to purchase sporting
goods. It causes problems of bringing the right products to the right person and establishing
an appropriate price policy.
And a large gap exists between the desire to purchase and the ability to purchase sporting
goods. It causes problems of bringing the right products to the right person and establishing
an appropriate price policy.
6)
The purchasing decision of Chinese consumers is heavily influenced by social
values and the
social environment. Marketers should establish an educational program to either match or
lead a social value.
social environment. Marketers should establish an educational program to either match or
lead a social value.
Personal Factors: Because of recent social
changes, Chinese consumers have learned much from other cultures. They are more
independent and more knowledgeable about commerce and business. There are at
least three particular changes which may create opportunities for marketers:
1)
The nuclear family has become the baic economic unit, and it has more power to
make
purchasing decisions. With the implementation of the "one child per family" policy in China,
the nuclear family, consisting of parents with one child, has replaced the traditional clan
family which consisted of two or more generations living as one family.
purchasing decisions. With the implementation of the "one child per family" policy in China,
the nuclear family, consisting of parents with one child, has replaced the traditional clan
family which consisted of two or more generations living as one family.
2)
Chinese wives are viewed as decision makers for goods purchased in families.
Since wives
control family finances, it is important to target wives.
control family finances, it is important to target wives.
3)
Individuals who live in the urban locations have stronger purchasing power. The
Chinese
government predicts that by the end of 1995, people in large urban areas will increase to
30% of the population. This modernization movement will undoubtedly create business
opportunities.
government predicts that by the end of 1995, people in large urban areas will increase to
30% of the population. This modernization movement will undoubtedly create business
opportunities.
Questions
1. Discuss the various factor which influences
consumer behavior in china?
2. What should be the target market and what can
be the marketing strategy?
CASE - 2
Consumer behavior: yesterday, today, and tomorrow
THE ECONOMIC PARADIGM
The 1940s view of the consumer in the marketplace
was rooted in economic theory. Most scholars of economics probably still hold
to the theory of Economic Man. In this paradigm, purchasing decisions are the
result of largely "rational" and conscious economic calculations. The
individual buyer seeks to spend his income on those goods that will deliver the
most utility (satisfaction) according to his tastes and relative prices. This
is a normative rather than a descriptive model of behavior, because logical norms
are provided for buyers who want to be "rational."
The model suggests useful behavioral hypotheses,
such as: (a) the lower the price of the product, the higher the sales; (b) the
lower the price of substitute products, the lower their sales; (c) the lower
the price of complementary products, the higher their sales, provided they are
not "inferior" goods; and (d) the higher the promotional expenditures
the higher the sales. In striving to meet these hypotheses, consumers are not
only assumed to be aware of all available alternatives in the marketplace; they
are also assumed to be able to rationally rank order the available alternatives
by preferences. This is the case of perfect information in the marketplace and
unlimited ability of tile consumer.
In applying these assumptions to actual
consumption, several problems became apparent. First of all, consumers do not
have perfect information in the marketplace. Second, they do not all have the
same information about the existing alternatives or attributes of known
alternatives. instead, each consumer has fragmented knowledge of his or her own
set of known alternatives; as a result, consumers can not always rank a set of
alternatives available to them. In addition, preferences often violate utility
theory, because different people prefer different styles, have different
tastes, and hence make choices built on preferences rather than objective
information such as price.
Problems arise with applying economic theories to
gifts. Increasing the price of goods may actually make them more desirable,
defying basic economic theory. Hence, inverted demand curves reflect products
where increasing prices stimulate increasing sales. Perfume is a perfect
example of this type of good. Most perfume or cologne is bought as a gift, and
the connotations of bringing home a $2 bottle of cologne or a $50 bottle for a
loved one are implicit. A relationship may not last upon receipt of the cheaper
good. Hence the economic model ignores the fundamental question of how product
and brand preferences are formed.
THE IRRATIONAL CONSUMER
After becoming aware that goods have "hidden
meaning," scholars of consumer behavior in the 1950s took to the notion of
the consumer as an irrational, impulsive decision maker. Consumers were seen as
passive, open, and vulnerable to external influences. This position was an
obvious reaction to the "economic man" and also represented a time
when business schools were developing. Earlier, faculty trained in economics
were the first to be hired, but in the 1950s psychologists were added to the
payroll. Their insights from Freud to Maslow, from personality to motivation
theory, seemed ever so relevant to our study of the consumer.
The two major psychological theories underlying
this era were the Pavlovian learning model and the Freudian psychoanalytic
model. The Pavlovian model is based on four central concepts-those of drive,
cue, response, and reinforcement. Drive or motives can be primary, such as
hunger and sex, or secondary, such as fear. A drive is very general and impels
a particular response only in relation to a particular configuration of cues.
The Pavlovian model emphasizes the desirability of repetition in advertising.
Repetition fights the tendency for learned responses to weaken in the absence
of practice and provides reinforcement.
The model also provides guidelines for copy
strategy. To be effective as a cue, an advertisement must arouse strong drives
in the person. For candy bars, it may be hunger; for safety belts, fear; for
hair tonics, sex; for automobiles, status.
In the Freudian psychoanalytic model, the guilt or
shame man feels toward his sexual urges causes him to repress them from his
consciousness. Through rationalization and sublimation, these urges are denied
or become transmuted into socially approved expressions. These urges are never
eliminated or under perfect control and they emerge in dreams, in slips of the
tongue, or in neurotic or obsessive behavior.
Because of these urges, the consumer's motivations
for behavior are not obvious or deeply understood. As a result, Freudian
psychology gave consumer behavior the tool of in-depth interviewing to get at
the motives and symbols behind a purchase. If a consumer is asked why lie
purchased an expensive foreign sports car, he may reply that he likes its
maneuverability and its looks. At a deeper level he may have purchased the car
to impress others, or to feel young again. At a still deeper level, lie may be
purchasing the sports car to achieve substitute gratification for unsatisfied
sexual strivings.
Other Freudian consumer research findings included
men wanting their cigars to be odoriferous to prove they were masculine, and
women being very serious when baking cakes because unconsciously they were
going through the symbolic act of birth. These theories were certainly more
interesting reading than the graphs and curves of economics.
One major study of this era (Haire 1950) found
that when a shopping list included instant coffee rather than drip grind, the
owner of the list was perceived to be a very different person. The owner of the
list with instant coffee was lazy, a poor planner, a spendthrift, and a bad
wife. Meanwhile, the owner of the list with drip coffee was perceived to be
thrifty and a good wife. Fortunately a replication of this study was done in 1970
and housewives were no longer judged by their coffee (Wilkie 1986). However,
Haire's study provided good insight to the fact that products have meaning and
significance that go far beyond the physical attributes of the products
themselves. Furthermore, these hidden values were thought to be a major
influence on consumer decisions. To tap into the consumers' hidden motives for
purchase, more indirect methods of data gathering were necessary.
Toward the end of the 1950s an empirical article
started to throw doubt on the heavy reliance on psychological perspectives. A
study by Evans (1959) sought to determine the personality characteristics of
Ford versus Chevrolet owners. In the 1950s these were the major automobile
manufacturers. Wider choice and Japanese imports did not exist. If the
differences between the cars were not major, the train of thought was that the
personality of the owner must be significantly different and motivate the
consumer to buy one brand or the other. A carefully controlled survey of
personality characteristics of 1,600 owners of Fords and Chevrolets showed no
major significant differences in personality characteristics of the car owners.
The importance of this line of behavioral research to consumer products was
questioned. By this time, in the early and mid-1960s, business schools were
producing their own scholars and faculty. Researchers were trained by business
schools rather than only economics and psychology departments. Researchers of
consumer behavior gained from this marriage of economics and psychology and
began to develop their own theories of the consumer.
THE PROBLEM SOLVER
In the 1960s John Kennedy became president of the
United States and gave the consumer elevated status. In his message to Congress
on March 15, 1962, he put forth the Consumer Bill of Rights (1963) as a social
contract between business and society. Government was tile ultimate guarantor of
these rights, which included the right to safety, the right to be informed, the
right to choose, and the right to be heard (redress). The government took
Kennedy seriously and began an activist role
The marketplace was becoming more diversified. The
concept of market segmentation became even more important. Goods that the
consumer ted were now being produced, rather than just the goods the
manufacturer wanted to make. Choice prevailed for the consumer, and the
consumer was recognized by the highest official in the country. Consumers had
the right to he informed and protected.
The government poured millions of dollars into
departments whose goal was to make sure the consumer had access to information.
The Federal Trade Commission flourished. Labels were put on products listing
all ingredients. Advertising was regulated and measured; if it was misleading,
then corrective advertising was necessary. Information was in great supply to
the consumer. Ralph Nader, with his book Unsafe At Any Speed, emerged as the hero
of the 1970s, taking on corporate giants in the name of the little man.
Consumerism was everywhere.
As a result of this environment, consumer behavior
researchers started to see the consumer as a "cognitive man." The
irrational psychotic purchaser of the 1950s and early 1960s was left behind.
The consumer was now a problem solver. He or she was receptive to products or
services that consciously met his or her needs. Consumers were thought to
actively search for information about the products and services they bought.
Consumer Reports was born. Consumers were seen as striving to make the best
decisions possible given their limitations.
However, consumer researchers told us that even
though consumers are given information, they often fail to use it to make
decisions. In an initial experiment (Jacoby, Speller, and Kohn 1974) and a
follow-up (Scammon 1975), consumers were given objective product information
concerning several brands available in the marketplace. The results of the
first study showed that consumers felt better about their brand selections with
more information, but actually made poorer choices. The study by Scammon
corrected for weaknesses in the original study but still found that recall of
product attributes decreased with increasing information. Consumers were still
limited by the extent of their knowledge about the marketplace and their
capacity to store information about the marketplace in short-term memory.
Miller's (1956) rule of seven plus or minus two) pieces of information as
cognitive capacity held for the consumer.
The information in the marketplace was not
organized for the ease of the consumer. Unit pricing was fine, but comparing
prices across brands and sizes for products was quite a challenge. Only when
unit prices were posted on one sheet in a simple linear manner by decreasing
prices across all sizes and brands did the consumers shift in their decision
making toward lower-priced brands. You can imagine the national brand
manufacturer's enthusiasm toward presentation of this information at point of
purchase.
The overriding conclusion of consumer research in
the 1970s was that people can only attend to limited information at one point
in time. The consumers' existing skills, habits, reflexes, values, and goals
shape the way they search and use information to make their decisions. The
1970s told us that consumers' skills were limited, but at the same time the
number of choices available to the consumer kept increasing. More and more
choices became available in the 1980s.
THE COGNITIVE MISER
Today's consumer uses decision-making skills
originally developed in the 1970s, but the 1980s consumer went farther than
just recognizing man's cognitive limitations. Researchers have labelled the
low-involvement decision maker (or cognitive miser) as unable or unwilling to
engage in extensive decision-making activities in many cases and settle instead
for "satisfactory" decisions (Olshavsky and Granbois 1979). There is
too much choice and not enough discretionary time to engage in extended
cognitive effort for purchases. Instead the consumer develops rules of thumb or
heuristics to simplify purchase behavior. An in-store study showed that
consumers go through almost no brand price comparison behavior (Hoyer 1984).
Rules such as "buy the cheapest," "buy name brands," or
"buy what my friend bought" give the consumer a satisfactory choice
in the marketplace that supplants an optimal choice. This is a very adaptive
and rational course for the consumer to have taken in the 1980s, given the
cluttered choice environment with little time for decision making and virtually
no support in information handling. The cost of thinking was recognized as a
limiting factor in processing choices.
The 1980s brought a focus on business and
conservatism, and many came to feel that governmental regulation was more of a
hindrance than a help. This was expressed in the election of Ronald Reagan. As
quickly as Kennedy had made the consumer important, Reagan made him
unimportant. With strokes of a pen, the FTC experienced a sharp reduction in its
budget and influence. Whole departments set up by the government to service the
consumer were abandoned. Consumer programs developed for the 1970s folded.
The 1980s were for business. This focus was a
result of several factors. First, the "baby boomer bulge" had a
greater number of people for a smaller number of jobs. In the early 1970s a
college graduate decided what job to take, or perhaps a trip to Europe, then
work. In the early 1980s the concern was for getting any job at all. The
economy was slow and competition was stiff. Business looked to the MBA to turn
companies around. The student was serious and conservative due to the
competitive environment. Business and engineering were in; the humanities were
out. The marketplace became more competitive, more diversified. Deregulation
prevailed.
Too many goods cluttered too many store shelves
for the consumer. For example, the average number of products in supermarkets
soared from 13,000 in 1981 to 21,000 in 1987. There are said to he 400
different brands of beer available to the American beer drinker. A new car
purchaser might have 300 different types of cars and light trucks, domestic and
imported, to choose from.
Along with the "over choice" and market
diversity of the 1980s came decreased leisure time for the consumer, not more
leisure time as predicted in the 1940s. The number of free hours a person
possesses decreased from four to one since the 1970s. The reason for this is
that the average time spent at work has increased seven to eight hours a week
since 1978 (Stern 1987). More than 50 percent of all women are working, so
household duties are done after 6 p.m. or on weekends. Single working mothers
have virtually no free time and can't take care of all they want to do. This
scenario has led to a demand for convenience products and convenience shopping.
Home catalogs, home TV shopping, home computer shopping, and home shopping
parties are part of this easier access to goods that will prevail in the 1990s.
The efficiency of in-home shopping, especially through direct marketing, is
exemplified by the fact that American Express sold 7 percent of all the luggage
bought in the U.S. by sending mailings to affluent cardholders whose charge
records showed they spent heavily on travel-related merchandise.
This the cognitive miser of the 1980s is a product
of decreased time for shopping decisions and increased choice in the
marketplace. It is an adaptive strategy to suit the decision-making
environment.
THE COLLECTIVE BUYER OF THE 1990s
The focus on individual decision processes for
personal purchase of products and services will be replaced by a more
collective decision-making style during the 1990s. This will be caused by the
changing cultural patterns of North America combined with the decrease in
purchasing power of the individual consumer. The culture of North America is
changing due to: (1) the rapid increase in the percent of elderly people who
are neither healthy nor wealthy; (2) the aging of the baby boomers, causing a
shift in values and needs; and (3) increased immigration from Asian cultures
with high birth rates to offset the North American decline in population. All
three categories of this cultural shift will have to rely on joint decisions
for purchase of goods and services, since goods and services will be shifting
to a collective consumption style rather than individual consumption in the
North American marketplace.
Individuals will combine households in an
increasing rate to make life more affordable. The evidence that this joint
living may be a trend for the future is exemplified by the fact that 6.2
percent of all employed people are working two jobs, mainly to meet living
expenses. When the economy turns down these extra jobs will not be available,
and people will have to decrease their standard of living to meet day-to-day
expenses. More unmarried people will share apartments, more single-parent
families will couple up, and more children will live at home longer. Thus, more
people will be sharing consumer goods just due to living arrangements. Also,
through the changing face of North American consumers, the marketplace will
continue to change and supply more and more services for these groups. The
changing face of the consumer will alter the marketplace and the mode of
decision making.
Much has been written about the marketing
opportunities for the senior segment. Right now approximately 7.3 percent of
the population is over 65. By the year 2000, this group will increase by 20
percent, making it the fastest-growing segment of our population. This is one
reason why marketers focus on the elderly. However, this group is not all that
wealthy or all that healthy. It is estimated that 80 percent of people over 65
have chronic health problems, and 16 percent have severe physical problems. One
in five Americans over the age of 85 resides in a nursing home.
The Baby Boomers
A full one-third of the population is bulging at
middle age. In the year 2000 they will be 36 to 54 years old and at the middle
of peak earnings. They are important to our view of consumer behavior because they
will head 44 percent of all households and still account for a majority of
purchasing power. Due to the conflicting structure of the population versus the
corporate culture, there will be less moving around among this group, and they
will be more stable in their jobs. Hence, their values and attitudes will
change dramatically to reflect this stability. The collective decision-making
style will be based on their stable environment.
Questions
1. Discuss as to how the consumer behavior has
evolved post 1950?
CASE - 3
Consumer behaviour: Men still major
decision-makers
In India, men continue to dominate.
Even today, only
16 per cent of Indian professionals are women. Therefore, consumer
decision-making in all areas -- ranging from what cars to buy to what clothes
manufacturers to patronize -- is dictated by men when it comes to the most
upscale market segment in India.
'Horizon 2003',
a study by BBC World, BBC's 24-hour international news and information channel,
using the latest census as a base, gives some startling insights into the
attitudes and activities of India's leading consumers and decision makers.
The research,
conducted by market research agency NFO-MBL across six top metros and profiling
380,000 people, will greatly help media planners, agencies and advertisers to
understand this particular horizon professional.
Life insurance
was found to be the biggest financial investment for most Indians, followed by
the stock markets.
Washing machines
were the most desirable consumer durable products, followed by cars and desktop
computers.
Forty-two per
cent of the respondents owned a mobile phone, of which 52 per cent had a Nokia,
and 42 per cent of these subscribed to AirTel cellular service.
For example,
more than half of the people surveyed (56 per cent) felt that it was all right
to give or take bribes to get their work done. A slightly smaller number (40
per cent) thought it perfectly acceptable 'to make money through underhand
means/deals.'
Who decides
|
Self
|
Spouse
|
Joint
|
Family
|
Elders
|
Children
|
Buying a
house
|
25%
|
5.8%
|
20.8%
|
30.1%
|
14%
|
0.4%
|
Child's
marriage
|
7.7%
|
5.9%
|
21.8%
|
18.7%
|
11.5%
|
4%
|
Own
marriage
|
20.4%
|
2.5%
|
6.2%
|
22.4%
|
29.7%
|
0.9%
|
Child's
education
|
15.1%
|
6.6%
|
34%
|
12.5%
|
5.6%
|
4.6%
|
Taking a
loan
|
31.4%
|
5%
|
24.3%
|
18.1%
|
9.2%
|
0.6%
|
Fixing
monthly budget
|
24.2%
|
10.3%
|
33.3%
|
18.5%
|
11.2%
|
0.6%
|
Buying
entertainment durables, like TVs
|
21.4%
|
8.2%
|
33.4%
|
26.7%
|
7.4%
|
1.6%
|
Buying
durables like washing machines
|
19.3%
|
10.7%
|
33.3%
|
26.2%
|
8.2%
|
1%
|
Deciding on
holiday destinations
|
20.6%
|
6.1%
|
28.4%
|
31.8%
|
4.5%
|
5.6%
|
"It is very
difficult to survey this group by using traditional methods," says Jeremy
Nye, BBC World's head of research, in the study. "However, it is important
to know the tastes of these professionals who will be shaping India's
destiny."
Adds Dezma De Melo,
research manager, BBC World: "All the individuals in this class are rather
alike. They have similar opinions, attitudes and beliefs."
The study showed
the emergence of certain definite trends in the area of just who decides what.
For example, the person in question seemed to play a major role in deciding the
monthly budget or whether to take a loan, but when it came to deciding whom he
should marry, it was still the older people in the family who played a key
role.
Both, the
husband and the wife jointly decided on issues like the marriage of progeny. In
a majority of cases, the whole family got together to decide what kind of house
to buy where to go for a holiday.
Alcohol
consumption habits indicated that 25 per cent drank alcohol, of which 72 per
cent were beer drinkers. Most executives drank at bars and pubs, while
self-employed professionals drank at friends' homes. Businessmen preferred
parties to have a drink or two at.
The research has
an entire section focusing on travellers as a separate target audience. This is
the first time that anyone has studied consumer behaviour in this area in such
depth.
The study tries
to understand the travelling habits -- such as the mode of transport, kind of
holidays, choice of place and media consumption while travelling -- which will
be different from normal household viewership.
The survey sets
forth several interesting findings in this area. Sixty per cent people take a
holiday in India, while 5 per cent take a holiday abroad. Eighteen per cent
travel on business within India, while 8 per cent travel on business abroad at
least once in a year.
As for
international holidays taken in the last one year, people from Mumbai (30 per
cent), Bangalore (35 per cent) and Hyderabad (26 per cent) preferred travelling
to the United States, while 35 per cent from Kolkata and 41 per cent from
Chennai travelled to Singapore.
A quarter of the
respondents from Delhi went to Nepal for a holiday.
Among domestic
business travellers, Jet Airways (60 per cent) is the preferred airline,
followed by India Airlines (53 per cent) and Sahara Airlines (20 per cent). For
domestic leisure travel, Jet Airways and Indian Airlines enjoy an equal share.
Among
international leisure destinations, Singapore is the favourite with 23 per cent
respondents, followed by 22 per cent opting to visit the US. International
business travellers prefer the US (24 per cent) followed by Singapore (23 per
cent) and the United Kingdom (13 per cent).
Interestingly,
people in the six metros surveyed seemed to show entirely different tastes in
watching television. The average number of channels watched was five and an
average of 100 minutes of television is watched a day, with 30 minutes devoted
to news.
News and Sports
are the most preferred programme genres, followed by general entertainment.
However, 29 per cent of the respondents in Delhi preferred News channels, while
only 14 per cent of those surveyed in Bangalore preferred News. Bangaloreans
prefer watching Sports with a high of 34 per cent.
"We look
forward to Horizon 2003 being a tool for advertisers and planners to get a
better understanding of this upscale, influential audience. We have been able
to offer better solutions on the channel to advertisers based on the learning
of this upmarket audience," Seema Mohapatra, head of advertising sales for
BBC World, says.
The survey also
found that 95 per cent of the professionals were proud to be Indians, while 75
per cent believed risks are worth taking.
Questions
Q1) With reference to case above, define the terms below, and justify how
they influence consumer behaviour?
Cultural and
Cross-Cultural Influences
Subculture and
Social Class
Reference Groups
and Family
CASE-4
After its
successful launch of local classifieds, Admanya, India’s leading consumer
internet portal today announced the launch of a free classifieds matrimony
service for its users .Based on user suggestions and requests, Admanya realized
the needs of people in India who are extremely busy yet believe in the
traditional way of matchmaking. With its network across 500 cities in India,
this new functionality of Admanya will also help people from smaller cities in
their search for life partners.
Ranjana, a 26 year old software professional from Bangalore says, "Admanya has always been coming up with surprises. With our busy and hectic schedule this is indeed a welcome surprise for us, seeking a simple platform for matrimonial alliances."
Ranjana, a 26 year old software professional from Bangalore says, "Admanya has always been coming up with surprises. With our busy and hectic schedule this is indeed a welcome surprise for us, seeking a simple platform for matrimonial alliances."
Mr. Jaydeep Bhattacharjee, the founder and CEO of Admanya says, "People in India have always been rooted in tradition and religious beliefs. They believe in arranged marriages rather then romanticized tying of partners. So, we are indeed honoured to extend this free service to our members to make their search for a life partner fast and easy. With no elaborate profiles required posting a matrimonial ad in Admanya will be simple and hassle-free."
Admanya is not only an online classifieds service that caters to the growing requirements of communities all over the world but is also a place for product reviews, consumer feedbacks and an emerging social community. You can find a job, recruit people, sell your car or buy one, rent your house and do much more through Admanya classifieds.
Questions
1. Matrimonial classified has moved from
newspaper to online service, how has the consumer behavior changed, what are
the factors which had influenced it?
No comments:
Post a Comment