Upload
sarveshbharti
View
218
Download
0
Embed Size (px)
Citation preview
7/29/2019 Ctv 1
1/48
Hislop college
NAGPUR
2011-2012
A
PROJECT REPORT
ON STUDY TO CHECK
THE CONSUMER BUYING BEHAVIOR FOR
COLOUR TELEVISIONS
A report submitted to RTMNU,In PartialFulfillment
BACHELOR OF BUSINESS ADMINISTRATION
Submitted By:VIPUL PATIL
GUIDED BYMrs. POONAM BOTHRA
HISLOP COLLEGE
TEMPLE ROAD, NAGPUR
7/29/2019 Ctv 1
2/48
ACKNOWLEDGEMENTThis work has been a result of valuable guidance and
supervision of Mrs. Poonam bothra, an ideal teacher and a
true guide. I dont have the words to express the deep-felt
gratitude which I owe her. She rendered invaluable help and
guidance to me during my project and remained a continuous
source of information and motivation for me. She deserves my
special thanks for her most constructive suggestions and
healthy criticism through out my B.B.A 3RD YRS I feel enriched
by his invaluable guidance.
Finally what ever Im is all due to my parents who have
always been a constant source of guidance, inspiration, and
optimism for me. I would also like to thank my friends for their
support and encouragement through out my project report.
With so much able guidance it is difficult to offer any excuse
for the shortcomings that might follow. How ever the faultssolely are my responsibility.
VIPUL PATIL
7/29/2019 Ctv 1
3/48
TABLE OF CONTENTS
TITLE1.INTRODUCTION TO THE PROJECT2.OBJECTIVES3.RESEARCH METHODOLOGY4.
CTV INDUSTRY5.CONSUMER DECISION MAKING6.NEED OF THE STUDY7.LIMITATION8.DATA ANALYSIS AND INTERPRETATION9.CONCLUSION10.RECOMMENDATION11.ANNEXUREBIBLIOGRAPHY
QUESTIONNAIRE
7/29/2019 Ctv 1
4/48
Two movies a week at the theatre, getting together withfriends and relatives, playing cards, listening to the radio and
may be reading were the only available outlets for theconsumer to pass their time before the introduction of
television.
By the late 70s consumer demands were becoming strident
aspirations and expectations began out growing available
options The culmination of this was in 1982(when the colour
television was introduced and the network was partially
expended) and 1984 (with the one transmitter a dayexpansion) However these changes perhaps were more the
results of political considerations rather than meeting the
consumer demand for change.
The magazine boom of the mid 70s had limited impact
as it was catering to more or less the homogeneous group of
people dictated by language, style, and content. But for the
first time in country, TV a single medium was reaching outnationally. Radio while the forerunner did not have the same
impact.
The advantage of TV since 1984 was that it could be
received through out the country. It therefore operated as a
catalyst in defining social moves of the times. Being a truly
mass medium it drew viewership from all stratas of the
society. Each individual picked what he or she wanted from
the medium.
The advent of satellite and cable TV has now totally
changed the situation. With satellite programmes are beamed
to many countries at the same time. Operating in a protected
7/29/2019 Ctv 1
5/48
economy Indian advertisers have a no market outside the
borders of India. But consumers have no such restrictions
They are more happy to adopt the latest entertainment media.
Consumers now demand quality as never before. Thebest available internationally is preferred to Indian as
economy liberalizes. An even more suitable change is
imminent. Consumers have begun to think international and
over time behave international.
Consumers and technology are marching hand inhand today. IT is thus
incumbent upon the marketers, manufacturers,advertisers, and agencies to
understand this new consumer and keep pace or face the
alternative of being left behind. To establish their standing in
the market they have to be constantly on the search for
customers and have to find out what consumer buy , how
much can they pay and what is being made available to them
by the competitors not only in India but internationally too.
7/29/2019 Ctv 1
6/48
COLOR TELEVISION INDUSTRYTelevision has recorded a phenomenal growth in India. It has
become an accepted part of our daily life in very short span.
Television is affecting customers, domestic routines,
educational techniques and entertainment pattern. In the
recent past television was luxury item meant for rich people
only but now a days, it is considered as necessity by most of
the people. However the role of audio visual media ofcommunication for a country like India with large population,
high illiteracy and vast area assumes critical importance and
television can be regarded as harbinger of social, economic,
and cultural development. Television combines in it all the
benefit of the radio, newspaper and cinema and therefore it is
the most popular media for education, information and
entertainment. Before understanding any market adventure, itis important to understand the industry. Therefore, it is useful
to study background of TV industry of India briefly.
The first demonstration of actual television was made in
1925-27 by J.Lbaird and C.F Jenkins. The Black and White
TV broadcast was introduced in UK in 1937. A color
sequential system developed by Columbia Broadcasting
service was adopted in U.S.A. in 1950 for coloured T.V.transmission. After a great deal of internal debate, the
government of India decided to introduce television in the year
1959. Commercial production of T.V. sets was started in
1970. Later on doordarshan stations was set up in
7/29/2019 Ctv 1
7/48
Bombay(1972), Amritsar(1973), Srinagar(1973),
Calcutta(1975), Madras(1975) and Lucknow(1975).
HISTORICAL DEVELOPMENT IN INDIAThe 80sThe 80s saw the industry growing at a fast rate of 30% per
annum. The years following the 1982 Asian games saw an
exponential rise in growth, which coincided with the setting up
of Doordarshan kendras in many parts of the country.
Moreover, the government adopted a policy of encouraging
the sector, which saw the birth of many TV companies namely
Weston, Dyanora and Televista. Even state government
owned companies like Uptron, Keltron and Meltron came up.
By 1989, there were over 200 TV companies with sales of
5.2mn sets.The 90s
The early years of the 90s decade saw TV sales falling to
4mn units due to a high tax regime. However, with the onset
of the liberalization era, the year 1993 saw a reversal in
fortunes for the industry with both import duties and excise
duties being slashed. Accompanying it was a rise in the
general purchasing power of the populace, a greater variety in
TV software (with the coming in of foreign satellite channels)
and a strong rise in replacement demand. Sales touched
almost 9mn units in 1998. This period also saw the entry of
MNCs.
The years 1998 and 1999 have seen events like, the large
pay-out to the government staff through the implementation of
the 5th Pay Commission, World Cup 1999 and the success of
the rabi crop. These events have changed the face of theCTV
7/29/2019 Ctv 1
8/48
industry, which realized a growth of 29-30% for the last two
years. In fact, for LG, (official sponsor of the World Cup 1999)
this was the most successful brand building exercise, as the
company saw a 95% growth in 1999.
7/29/2019 Ctv 1
9/48
LIST OF COMPANIES IN CTV INDUSTRY
S.No. BRANDMKTSHAREPUNCH LINES1.SAMSUNG17%Digital
2.VIDEOCON12.4%Bring home the leader3.LG14.5%Digital LG
4.SONY18.1%Flatter than the flattest flat5.AIWA8%Intelligence Embedded
6.ONIDA7%Neighbors Envy Owners Pride7.
7/29/2019 Ctv 1
10/48
BPL5% believe in the bestPHILIPS7%Lets Make things better
18% others
7/29/2019 Ctv 1
11/48
LIST OF COMPANIES IN CTV INDUSTRY
S.No. BRANDMKTSHAREPUNCH LINES1.SAMSUNG17%Digital
2.VIDEOCON12.4%Bring home the leader3.LG14.5%Digital LG
4.SONY18.1%Flatter than the flattest flat5.AIWA8%Intelligence Embedded6.ONIDA7%Neighbors Envy Owners Pride7.
7/29/2019 Ctv 1
12/48
BPL5%Believe in the Best8.PHILIPS7%Lets Make things better9.SANSUI5%Better than the best
10.OTHERS13.0%
CONSUMER BEHAVIORThe aim of marketing is to meet and satisfy targetcustomers needs and wants.
The field of consumer behaviour studies how
individuals, groups, and
organizations select, buy, use, and dispose of goods,
services, ideas, or experiences to satisfy their needs and
desires. The consumer buyer behaviour is the buying
behaviour of final consumerindividuals and households who
buys goods and services for personal consumption.
Understanding consumer behaviour and knowing
customers are never simple. Customers may state their
needs and wants but act otherwise. They may not be in touch
with their deeper motivations. They may respond to influences
that change their mind at the last minute. Nevertheless,
7/29/2019 Ctv 1
13/48
marketers must study their target customers wants,
perceptions, preferences, and shopping and buying behavior:
Studying consumers provides clues for developing
new products, product features,prices, channels, messages, and other marketing-mixelements.A Model of Consumer Behavior
At one time, marketers could understand consumers through
the daily experience of selling to them. But the growth of
companies and markets has removed many marketing
managers from direct contact with customers. Increasingly,managers have had to rely on the 7 Os framework for
consumer research to answer the following key questions
about any market:
Who constitutes the market?OccupantsWhat does the market buy?
ObjectsWhy does the market buy?ObjectivesWho participates in the buying?OrganizationsHow does the market buy?OperationsWhen does the market buy?
OccasionsWhere does the market buy?OutletsThe starting point for understanding buyer behavior is
stimulus-response model shown below. Marketing and
7/29/2019 Ctv 1
14/48
environmental stimuli enter the buyers consciousness. The
buyers characteristics and decision process lead to certain
purchase decisions. The Marketers task is to understand
what happens in the buyers consciousness between thearrival of outside stimuli and the buyers purchase decisions.
They must answer two questions:
How do the buyers characteristics-cultural, social,personal, andpsychological-influence buying behavior? How does the buyer make purchasing decisions
7/29/2019 Ctv 1
15/48
THE BUYER DECISION PROCESS
The buyer decision process consist of Five Stages-:Need recognition,
information search, evaluation of alternatives, purchase
decision, and post purchase behaviour. Clearly the buying
process starts long before actual purchase and continues long
after. Marketer need to focus on the entire buying process
rather than on just the purchase decision.1.NEED RECOGNITION- The first stage of the buyerdecision process inwhich the consumer recognizes a problem or need.2.INFORMATION SEARCH- The stage of the buyerdecision process in
which the consumer is aroused to search for more
information; the consumer may simply have heightened
attention or may go into active information search.
3.EVALUATION OF ALTERNATIVES - The stage of thebuyer decisionprocess in which the consumer uses information toevaluate alternative
brands in the choice set.4.PURCHASE DECISION- The stage of the buyer decisionprocess inwhich the consumer actually buys the product.5.POST PURCHASE BEHAVIOUR-The stage of the buyerdecision
7/29/2019 Ctv 1
16/48
process in which the consumer take further actionafter purchase based theirsatisfaction or dissatisfaction.
7/29/2019 Ctv 1
17/48
MARKETING MIX
Marketing mix can be defined as the set of controllable tacticalmarketing tools product, price, place, promotion-that the firm may
blend to producethe responseit wants in the target market.PRODUCT-Product means the goods and servicescombination the company
offers to the target market. In case of color television it includes
variety, quality, design feature, brand name, packaging, services that
are offeredalong with the television.PRICE- It is the amount of money thecustomer have to pay to obtain the product(CTV). It includes list price, discount,allowances, payment period, credit terms.PLACE- It includes company activities thatmake the product available to target
consumers. Channels, coverage,assortments, locations, inventory,transportation,logistics becomes the part of placePROMOTION- Promotion means activities thatcommunicate the merits of theproduct and persuade target consumer tobuy it. various promotional activities areadvertising, personal selling, salespromotion, public relations.
7/29/2019 Ctv 1
18/48
FACTORS AFFECTING CONSUMER BEHAVIOR
Consumer purchases are influenced strongly by cultural, social,personal, and psychological characteristics. For most marketer
cannot control such factors, but they must take them into
account.(a) CULTURAL FACTORS
Cultural factors exert the broadest and deepest influence
on the consumer behavior the marketer needs to understand the
role playedby the buyers culture, subculture, and social class.
(i) Culture- the set of basic values,perception, wants and behaviorlearned by the member of the society fromfamily and other importantinstitutions.(ii) Subculture- a group of people with shared
values system based oncommon life experiences and situations.(iii) Social class- relatively permanent anddivision in a society housemembers share a similar values, interests,and behavior.(b) SOCIAL FACTORS
A consumers behavior is influenced by socialfactors, such as theconsumers small group, family and socialroles and status
7/29/2019 Ctv 1
19/48
(i) Group- Two or more people who interactto accomplish individuall
or mutual goals.(ii) Family- The family members (husband,wife, children) canstrongly influence buyer behavior
(iii) Role and Status- Role consist of theactivities people are expected
to performaccordingto the personsaroundthem.
Status reflect the general esteemgiven to it by the society. Peopleoften
choosethe productsthat showtheir status in the society.
(c) PERSONAL FACTORA buyer decision also are influenced by personal
characteristics such as the buyers age life style, and life cyclestage, occupation ,economic situation , lifestyle , and personality
and self concept.(i) Age and Life cycle stage- People changethe goods and services they buyover their lifetime. Tastes of the peopleundergo change with their age.
Family life cycle- the stages through whichfamilies might pass as theymature over time.
(ii)
7/29/2019 Ctv 1
20/48
Occupation A persons occupation alsoaffect the goods and servicesthey bought
(iii)Life Style- A persons pattern of living asexpressed in his/heractivities, interest, and opinion.(iv)Personality-A persons distinguishingpsychological characterstics thatlead to relatively consistent and lastingresponses to his or her ownenvironment.(d)PSYCHOLOGICAL FACTORSA persons buying choices are influenced byfour major psychologicalfactors: motivation, perception, learning, and
beliefs and attitudes.(i) Motivation- A need that is sufficientlypressing to direct the person to seeksatisfaction of the need.(ii) Perception- The process by which peopleselect, organize, and interpretinformation to form a meaningful picture of
the world.(iii) Learning- Changes in the individualsbehavior arising from experience.(iv) Beliefs and Attitude- Belief is adescriptive thought a person hold about
7/29/2019 Ctv 1
21/48
something.Attitude is a persons consistently favorableor unfavorable
evaluation, feelings, and tendencies towardsan object or idea.
7/29/2019 Ctv 1
22/48
RESEARCH METHODOLOGY
1.Primary data collection- The
information was collected by the way offaceto face interviews. This method wasadopted to make the survey interactiveand also awareness enhancing.
2.Research-Survey
3.Research instrument- Structured
Questionnaire.4.Area covered/scope of the study-
nagpur city.5.Sample Size-50
6.Sample Unit- Businessman,
Professional, Govt. employees, Students,
Housewives.7.Sample Procedure- ConvenienceSampling8.Contact Method-Personal InterviewMethod
GENDER %OFRESPONDENTS
Male 58
7/29/2019 Ctv 1
23/48
Female 42
MARITAL STATUS %OF RESPONDENTS
Married 62Unmarried 38
AGE %OF RESPONDENTS
20-25 3626-40 3240.55 32
EDUCATION %OF RESPONDENT
Post-graduate 26Graduate 49Matriculate 13Others 12
OCCUPATION %OF RESPONDENT
Businessman 26ProfeSSIONAL 21Govt. employee 15Student 20Housewife 18
7/29/2019 Ctv 1
24/48
MONTHLY HOUSEHOLD INCOME %OFRESPONDENTS
Up to Rs. 5000 9Rs.5001-10000 14Rs. 10001-15000 54More than Rs.15000 21
7/29/2019 Ctv 1
25/48
NEED OF THE STUDY
This study will help the dealers to know that whichfactors influencethe consumersmost and at the same
time which source of information influence their
buying decision. This research can be useful as
source of information for similar projects. My study
will help the customers to know which brand of CTVto select as there are number of brands which are
available in the market.
7/29/2019 Ctv 1
26/48
OBJECTIVES OF THE STUDY
The buying behavior of the consumer with regard to CTV is
influenced by number of external and internal factors and thisstudy attempts to know about the consumer buying behavior
and at the same time what factors do the consumers have in
their mind before they make up their mind to purchase a CTV
so the main aim of my study was:-
1. To determine factors that influence the buying behavior of
consumer.
2. To determine the most preferred brand.3. To find out reasons and analysis for the most preferred
brand.
4. To determine the most preferred features that the
consumers look for while
the selection of any brand.
5. To have an idea about the future purchase plan of the
consumers.6. To determine the level of satisfaction with regard to
services provided by the
retailers and brand already owned by the consumer.
7. To determine the promotional schemes that attracts the
consumer the most.
8. To know whether CTV are bought on a particular occasion
or purchases are
need driven.
7/29/2019 Ctv 1
27/48
LIMITATION
Although sincere efforts were made by me tocollect the maximum, most authenticand relevant information even then this studymay have the following limitations:-
1. This study cannot be generalizedfor all the consumersof CTV since the
universe under study in my research was limited to Jalandhar and
Nakodarcity.2. All the results and conclusion have been drawn on the basis of
informationprovided by the respondent so there is the possibility of
individual bias on the part of respondent.
3. Time was an another limiting factor4. The method used for data collection isconvenience sampling methodtherefore drop in or go through error mighthave crept in .5. Buying behavior is an attitudinal which needspecialized knowledge of thearea so there is a chance of interpretationalerror. .
7/29/2019 Ctv 1
28/48
FINDINGS AND ANALYSIS
PRODUCT ATTRIBUTES /FACTORS WHICHAFFECTED
THE CUSTOMERS CHOICE OF BRAND
Product attribute /factors has been divided into three
categories i.e. critical/most significant factors-means
factors that were considered by seventy or more thanseventy respondents while purchasing existing brand of
CTV. Moderately significant factors-it includes factors that
were considered by 50 to70 respondents while purchasing
existing brand of CTV. Third category is of Less Significant
factors it includes those attributes that were consideredby
less than 50 respondents.a) Critical/Most Significant ProductAttributes/Factors:This category includes After-Sales-Services, Better Quality and BrandImage as 82,80&72 respondentsconsidered these while buying CTV.b) Moderately Significant ProductAttributes/Factors
This category includes Warranty Advanced
Technology, Picture quality, Sound output and
7/29/2019 Ctv 1
29/48
attractiveness with 68,66,63,60$58 considering these while
they purchasedCTV /selectedbrand.
These factors may be termedas maintenancefactors,
presence of these factor doesnt increases preference
much but absence of these can significantly lead to
decreasein brand preference.c) Less significant product Attributes/Factors
Easy availability, Foreign Made, Graphic Equalizers.On Screen display, Built in video Game, Child Lock, Low
price are in this category as 48, 48, 38, 35, 32, respondents
consideredthese while buyingthe CTVs.
7/29/2019 Ctv 1
30/48
BRAND PREFERENCE FOR CTVS:
A brand is a name, item, sign, symbol or design ora combination of them,intended to identify the goods or services of onesellers or group of sellers andto differentiate them from those of competitors.Thus a brand identifies the seller or market. Undertrademark law , the selleris granted exclusive rights to the use of the brandname in property.
Brandsvary in the amountof powerand value they have
in the
market place. Brandpreferencemeansthat the consumerwouldselect
that
particular brandover others. A powerful brandis to have a high brandequity.
Survey reveals that Sony, Samsungand LG have the high
brand preference. Philips, Videocon, Onida enjoy moderate preference.
Akai, Aiwa, Sansui has got low brandpreference.
Brand preference for Thomson among consumers is minuscule
.Sony and Samsung have high preference because of their excellent
performance in terms of quality and high brand loyalty build over the
years. Philips has been able to build high preference due to aggressive
promotionalcampaignand excellent service backup.
7/29/2019 Ctv 1
31/48
ATTRACTIVENESS OF PROMOTIONAL SCHEME:
Survey has revealed that out of 100
respondents 53 i.e. 53%have responded that discount
offers attract them most. While 27%and 20%have
responded that exchange offer and free gift attract them
most.High attraction for discount after signifies the price
conscious market. Low attraction for free gift can be
attributed to consumers belief that companies add up the
cost of gift in the cost of actual product.
7/29/2019 Ctv 1
32/48
INFLUENCE OF PERSON ON BUYING DECISION
Family members influence the consumer
behavior in two ways. Firstly the
consumer is affected by his environment
which is influenced by his family members
,secondly most of the products are
purchased for use at the residence and
family members have assay in the
purchase decision
7/29/2019 Ctv 1
33/48
BEST CTV (CUSTOMER VIEW)
The respondents were asked that which
is the best ctv on the basis of size of the
tv. 21 ctv was found to be the most
preferred as 52% of the respondents were
in its favor. 38% of the respondentpreferred 14 to 20 ctv, 8% preferred 25 to
29 ctv and 2% preferred 34 ctv.
7/29/2019 Ctv 1
34/48
REASONS FOR BUYING FROM A
PARTICULAR SHOWROOM
Table shows out of 100 respondents 26 i.e. 26%have pointed out
that they have purchased their CTV from a particular showroom
because of the competitive price. Authorized dealership has
occupied second position as 25%respondents pointed out it as
the reason for buying CTV from a particular showroom. Thirdposition has been occupied by better services with
20%respondents pointing it out as reason for buying from a
particular showroom. 14&13 have pointed out pleasing nature
&good reputation as most important factor in this context. Credit
facility has got very low rating as only two respondents have
pointedout credit facility as main factor.
CTV is one time purchasefor most of the households&it iscostly as well as high utility item, thus they prefer to buy it from
authorized dealer. It is the cost factor which makes competitive
price important purchaseof CTV (unlike consumerproduct)is one
time purchase, thus customercan neglect pleasing nature if other
factors favor particular showroom.
7/29/2019 Ctv 1
35/48
SOURCES OF INFORMATION ABOUT CTV
The survey has revealed that out of 100respondents 43 i.e. 43% of therespondent came to know about theparticular Brand from the friends, 23i.e. 23% from relatives 10% fromnewspaper, 85 each from hoardings,noticed while walking, and others .so itis clear that friends and relatives areimportant source of information ascompare to others.
7/29/2019 Ctv 1
36/48
SOURCES OF INFORMATION ABOUT
BRAND
Brand selection is one of themost important decision for the customer tvis generally one time purchase item soconsumer will like to select the brand aftertaking in view the recommendation ofothers as different brands have differentpositioning in the mind of the consumer sohe/she will like to go for a brand which willbe recommended by others in order toreduce the chances of post-purchasedissonance.Word of mouth is the most crucial factor inbrandselection, recommendations from familymembers come at second, tv advertisementand news paper occupies fourth positionand hoardings are at fourth position
7/29/2019 Ctv 1
37/48
PURCHASE OCCASION:The revealed that most of
the purchases are need driven as43%of the respondents have repliedthat they have bought CTV whenneeded and there was not any specificoccasion .27%bought on marriageoccasion again these purchases areneed driven as at the time of marriageCTV is purchased for dowry purpose.
7/29/2019 Ctv 1
38/48
BRAND OWNED:
The survey revealed that brandowned by the maximum number ofrespondent is Sony while Samsungoccupies second position ,LG holds thirdposition, fourth position is hold by Videoconand then others.
7/29/2019 Ctv 1
39/48
SUMMARY AND CONCLUSIONS
This study attemptsto knowabout the consumerbuying behavior
with regard to CTVs. What factors do the consumers have in their
mind before they make up their mind to purchase a CTV, this study
finds to gain insight into these factors.
It has been observed from survey that Sony enjoys
highest penetration level, as 40% respondents own Sony, Samsung
comes second as 25% respondent owns it.Majority of CTV owned by
the respondent(about 77%) are of
capacity 21, 20% are of size 25.
Most of the Indian consumer purchases are need
driven. 43% of the respondents have replied that they bought CTV
when need and there was not any specific occasion. 27% bought on
marriage occasion, again these purchase s are need driven as at the
time of marriageCTV is purchasedfor dowry purpose.
When it comes to source of information for the
selection of showroomit has been observedthat friends and relatives
are the major source of information about the showroom.. Out of 100
respondents43 and 33 relied on friends and relatives (respectively) as
source of information. Thus for selectingshowroomconsumer relies
on the personal sources than the impersonal sources like
advertisement,hoarding, newspaperetc.Again as a source of information for brandchoice consumerrelies heavily on word of mouth andrecommendation of family members. Survey
7/29/2019 Ctv 1
40/48
It has been clearly depicted from the study that
level of satisfaction among consumer is very high. Out of 100
respondents 83 i.e. 83%are satisfied from the service of the
showroom.So far as the satisfactionfrom the brand /model owned81i.e.81%aresatisfied. Good performance,picture quality and good after
sale service are the most important reasons for the high level of
satisfaction among the consumer. 15 out of 19 are dissatisfied
consumers pointed out that obsolete model as a reason for their
dissatisfaction. Fromthis we can interpret that taste for more features
is growingamongconsumers.
Sony and Samsung are found to be the mostpreferred brands, Whereas preference for Videoconis minuscule. LG
and Philips enjoy moderate preference. Aiwa and Akai are less
preferredbrands.
In terms of popularity (brand recall test) Sony has been found to
be most popular brand with weighted mean of (first, second,
third)20.66 Samsungand LG comes second and third respectivelyin
popularity with weighted average 15.66 and 13.66 respectively. ThusSony and Samsungcan be attributed to these fact that these two are
very old and reliable in CTV market. Popularity of Samsung is high
becauseof the aggressiveadvertisementcampaignby the company.
7/29/2019 Ctv 1
41/48
RECOMMENDATIONS
1) Sony, LG, Samsung, Philips have been able to
dominate the market with simple, brief andheart winning messages. So by giving more
importance to the composition of the messages
the companies can increase their impact on the
consumers.
2) To attract consumers the company should
improve the quality of their CTV. The
advertisement copies should stress on thequality of the brands, their superiority,
highlighting technological, features, and the
wide network of after- sale- services.
3) The present study reveals that the Brand
Name has most important bearing on the minds
of the consumer at the time of deciding their
choice of brand of color TV there fore everyeffort should be made through advertisement to
build up and strengthen the brand image.
4) Proper feedback should be undertaken by the
marketer in order to find out the loopholes in
their performance and undertake all possible
actions to overcome the same.
5) The role of advertisement as the study hashighlighted needs to be appreciated. Since
attractive well-planned advertisement
campaign can play a very vital role in the
increasing the share of brand in the CTV
7/29/2019 Ctv 1
42/48
market. Every manufacturing organization
should have a separate advertisement cell
with intelligent and experienced marketing
professional who should be made responsible ofmaking advertisements more attractive .eye
catching and purposeful.
7/29/2019 Ctv 1
43/48
ANNEXURE
RATING TECHNIQUE
In this rating technique used respondents has to rate each
and every attribute factor on 10 point rating scale. Rating score by
each and every respondentfor a particular attribute/factor is added to
get final score for that attribute. That final score is known as Rating
Score. Because every respondent has to allot score from 10 and
sample is of 100 respondents. Thus final score of each and every
attribute is out of 1000.
E.g.:- Respondent 1,2,3,4,.100 rate low priceas 4,5,7,9100thscore then addition of all scores will give finalscore of low price out of 1000.RANKING TECHNIQUEIn this scores have been attached with everyrank. The following tableshows Ranks and their score attached with
respect to rank given by respondents.Rank Score Score12345678910 012345678910
Now using scores relative to each rank finalscore is calculated as in rating
technique.
7/29/2019 Ctv 1
44/48
QUESTIONNAIRE
Dear Respondent,I am a student of B.B.A in hislop collegeto the NAGPUR university. I am carrying out a surveyonConsumersBuying Behavior towards Color Televisions. Kindly helpme in this survey byfilling the following questionnaire. The informationprovided by you will be keptconfidential and for academic research only.
Thanks,VIPUL PATIL.Q1.Name the brands of CTVs which you can recall first?(a)(b)(c)
Q2. Which brand of CTV do you own?(a) Name (b) Size(c)Year of
purchase
Q3On which occasion you bought CTV?(a) New Year (b) Festival (c) Marriage
(d) Discount Offer (e) Any Other
Q4What were the information sources used by you whileselecting thebrand of CTV?
7/29/2019 Ctv 1
45/48
(a) Word of mouth(b) Hoarding(c) TV advertisement (d) Print ads(e) Any others(Specify)
Q5 Who influenced your decision the most to buy aparticular brand ofCTV?(a) Spouse
(b) Children(c) Friends(d) Any other
Q6Which of the following factors influence you while buyingparticularbrand of CTV(please tick as many as possible)
(a) Low price(b) Brand image(c) Better quality(d) Easy availability(e) Attractiveness of the model(f) Any Other(Please Specify)
Q7. Are you satisfied with the service / after sale- service?(a) Yes(b) No
Q8.
7/29/2019 Ctv 1
46/48
(I)Are you satisfied with the brand or model you bought?
YesNo(II) If no then tick as many as possible:-(a)Poor performance
(b)Poor after sale service
(c)Model looks obsolete
(d)Picture quality
(e)Any other (specify)
(III) If yes tick as many as possible:-(a)Good performance
(b)Good after sale service
(c)Picture quality
(d)Better looks
(e)Any other`
Q9. Rank the following according to your preference.(a) Samsung
(b) LG(c) Sony(d) Videocon(e) Any other
Q10. What attracts you more?
7/29/2019 Ctv 1
47/48
(a) Free gifts(b) Discount factor(c) Exchange offer
DEMOGRAPHIC PROFILE :NAME:
AGE:
OCCUPATION:
ADDRESS:
7/29/2019 Ctv 1
48/48
BIBLIOGRAPHY
The Bibliography is a list of books, magazines, journals,newspapers etc,
pertinent to the research, which the researcher hasconsulted.
1. Philip Kotler- Marketing Management
2. DD Sharma- Research Methodology
3. Purchase Behavior For Consumer Durables unpublished
MBA Research
Project Report, PU, Chd.
4. Internet Search.