The document summarizes a study that used perceptual mapping to analyze consumers' perceptions of the loyalty programs of six major apparel retailers in Mumbai. Researchers surveyed 123 consumers about their experiences with and preferences for different attributes of each retailer's loyalty program. Discriminant analysis was conducted to identify the attributes most associated with each retailer, and perceptual maps were drawn to visualize the market positions of each brand based on attributes. The maps showed how consumers rated retailers in terms of satisfaction levels and preference.
1. Perceptual Map of
Retailers and their
Loyalty Programs
Group members
Dipti Mhatre 112 | Darsh Parekh 116 | Devang Tailor 123
Aakash Solomen 135 | Prateek Gupta 136
Project Title:
2. “Perceptual mapping is a market research technique in which consumer’s
views about a product are traced or plotted (mapped) on a chart.”
Respondents are asked questions about their experience with the product
in terms of its performance, packaging, price, size, etc.
What is a Perceptual Map?
Theses qualitative answers are transferred to a chart (perceptual map)
using a suitable scale (such as the Likert scale), and the results are
employed in improving the product or in developing a new one.
Perceptual mapping offers a unique ability to understand market structure,
analyzing the complex relationships among marketplace competitors and
the criteria used by buyers in making purchase decisions and
recommendations.
3. Research Methodology
• The Top 6 apparel retail outlets in Mumbai were selected for the project, based on
their loyalty programs.
• A total of 123 respondents were selected from the city of Mumbai. Convenience
sampling method was used for selecting the sample of respondents.
• A quantitative questionnaire was prepared keeping in mind the objectives of the
study. The data was collected through online mediums such as email and social
media websites.
• In order to achieve the objective of the study, discriminant analysis was used to
identify the attributes that are best associated with the particular apparel store.
• Then Perceptual maps were drawn to identify the market space occupied by each
of the brands along these attributes.
• Also, the importance of various factors considered by consumers while selecting
the loyalty program of a particular apparel store was evaluated.
• The study used Microsoft Excel 2016 for purpose of data analysis.
5. • Apparel Retailer
• Loyalty Program
• Joining Fess
• Rewards and Benefits
• Place of Redemption of Points
• Ease of Redemption
• Satisfaction Level
• Maximum Rewards for minimum purchase
• Importance of Loyalty Program
Sample Size - 123 Respondents
Factors Under Consideration
6. • Apparel Retailer
• Loyalty Program
• Joining Fess
• Rewards and Benefits
• Place of Redemption of Points
• Ease of Redemption
• Satisfaction Level
• Maximum Rewards for minimum purchase
• Importance of Loyalty Program
Sample Size - 123 Respondents
Factors Under Consideration