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AN
INDUSTRIAL DEFINED PROJECT REPORT
ON
“ANALYSES OF TEXT MESSAGING
AS ADVERTISING TOOL”
Submitted to
NARMADACOLLEGE OF MANAGEMENT
Affiliated to
GUJARAT TECHNOLOGICAL UNIVERSITY,
AHMEDABAD
MASTER OF BUSINESS ADMINISRTRATION
Under the guidance of
MR. KUNAL MOJIDRA
SUBMITTED BY:
CHIRAG GOHIL (1152)
Narmada College of Management
Zadeshwar
Bharuch
CERTIFICATE
TO WHOMSOEVER IT MAY CONCERN
This is to certify that MR.CHIRAG GOHIL as a part of his curriculum has carried out study
on“ ANALYSES OF TEXT MESSAGING AS ADVERTISING TOOL”, during the Fourth
semester towards the fulfillment of the requirement for the Degree in Master of Business
Administration of Narmada College of Management, Bharuch affiliated with Gujarat
Technological University, Ahmadabad.
We are pleased to state that the project was successfully completed and the report submitted was
to our fullest satisfaction.
Thanking you.
Dr. TRUPTI ALMOULA
(I/C Director)
DECLARATION
I,CHIRAG GOHIL, hereby declare that project report entitled ” ANALYSES OF TEXT
MESSAGING AS ADVERTISING TOOL ” is a result of our own work and indebtedness to
work publications, if any have been duly acknowledged.
Place: Bharuch Signature
Date: __/__/____
Acknowledgements
We have been able to prepare our report successfully and we acknowledge a special thanks to all
those peoples without whose support it was impossible for us to make project report. It has been
enriching experience for me to undergo my winter training
We would hereby take this opportunity to show our gratitude towards our guide for what we
have learnt during the training. A good response, feedback and co-operation given by guide
helped me in gaining knowledge and solving queries.
At last but not least, we are thank full to everyone who took part directly or indirectly to
complete this project
With regards
TABLE OF CONTENTS
EXECUTIVE SUMMARY ..............................................................................................................
INTRODUCTION ............................................................................................................................
LITERATURE REVIEW .................................................................................................................
OBJECTIVES OF STUDY:……………………………………………………………………
RESEARCH METHODOLOGY......................................................................................................
RESEARCH DESIGN…………………………………………………………………………
DATA COLLECTION ……………………………………………………………………...
SAMPLE DESIGN...........................................................................................................................
QUESTIONNAIRE DESIGN...........................................................................................................
DATA ANALYSIS & INTERPRETATION....................................................................................
FINDINGS........................................................................................................................................
LIMITATIONS.................................................................................................................................
CONCUTION..................................................................................................................
RECOMMENDATION.....................................................................................................
BIBLIOGRAPHY.............................................................................................................................
APPENDIX: QUESTIONNAIRE ....................................................................................................
EXECUTIVE SUMMARY
1. SHORT MESSAGE SERVICE (SMS) AS A MARKETING TOOL
“The future for mobile youth marketing is enormous. The cell-phone is the Most important and
personal device a teens carries” As a marketing tool mobile advertising messages are usually
transmitted via SMS, and the receiver of mobile advertising messages is addressed specifically.
Therefore, the introduction of the SMS technology could be a more direct and ideal means of
communication between the educational institution and students.
Some people believe that the mobile channel, especially SMS, is seen as an immediate,
automated, reliable, personal, discreet and customized channel allowing an efficient way to reach
customers directly and providing cell-phone users with a direct call-to-action that would be
almost impossible via other channels. Thus, SMS has been described as the “killer application”
of mobile commerce and SMS advertising is growing rapidly.
Barwise and Strong identify six ways of using SMS for advertising: brand building, special
offers, timely media “teasers”, competitions, polls/voting, products, services and information
requests. Key advantages are its intrusiveness, interactivity, immediacy and targeting by
location.
Furthermore, SMS is an extremely cost-effective, high-response-rate vehicle, which can help
acquire and retain customers, sell and promote products, drive loyalty, and reinforce branding
efforts. As a new medium, SMS has characteristics which include: high reach, low cost, and
high.
1.1 Reasons for selecting SMS as a marketing tool
The following are the reasons why SMS will be selected as the marketing tool for businesses to
communicate with their customers. These include cost-effectiveness, reach, response,
immediacy, automation, customization, and reliability, message reporting and personal and
discreet.
1.1.1 Cost-effectiveness
SMS as a new communication medium is the most cost-effective way of communicating to any
mobile audience. “Data are transmitted via mobile channels, and can be delivered to a handset at
a fraction of the speed and cost of a voice call. In particular, the fact SMS can be sent out in bulk
to large groups of recipients in a manual or automated manner further means that fewer resources
are required to activate the communication”.
1.1.2 High reach
More people can be reached via SMS than with e-mail or fax communications. “SMS is at the
same time mobile, in the sense that recipients can be reached wherever they are. In addition,
using the correct gateway will allow for global reach, with the same features and delivery and
cost as little as a local message”.
1.1.3 High response
There is a high level of attention to any text message that is received by the individual. “Almost
invariably, the whole message is read, which is really easy since the protocol is constrained to
delivering 160 characters. These factors induce a higher than average response rate to a call to
action, as there are high attention levels to incoming messages”.
1.1.4 Immediacy
“SMS messages are pushed to the handset by the delivery network’s short message service centre
(SMSC) and do not rely on the recipient retrieving them from a server”. It is an extremely
reliable means of getting time-sensitive messages to recipients. It also is an effective way of
communicating directly with the intended recipient as close to real time as possible.
1.1.5 Automation
SMS can be automated as easily as automating the sending of an e-mail. “The business is able to
automate or script the messages, which means that for example a bank can easily send automated
balance updates, financial firm stock prices based on market movement, and so on”. An
educational institution can easily send information such as timetables, exam marks, important
notices and campus news to students via SMS.
1.1.6 Customization
“As with the automation of messages, SMS can also be customised, even if sent in bulk or by an
application. This can be done with the use of SMS merger applications, or through existing
database functions and queries, which are directed to the SMS gateway”.
1.1.7 Reliability
SMS has excelled as a new acceptable communication medium. “Due to a continued increase in
its reliability, with end-to-end solutions, providers committed to achieve 100 percent reliability,
it is widely accepted as a new business communications channel”.
1.1.8 Message reporting
SMS messages can be logged with a full message report. “Messages can be searched on the basis
of date, content, destination number, and product or ID employed. This allows full tracking and
reporting, which permits a business to exercise control”.
1.1.9 Personal and discreet
The idea of one-on-one marketing is that businesses can create a personal profile of individual
customers’ preferences and behaviors, and thereby tailor offers specifically for them. SMS is
therefore different from other kinds of mass media and can be direct and private.
1.2 Incorporating SMS in marketing and promotion
Incorporating SMS in marketing and promotion concern factors such as content, client databases,
sender ID branding and flash SMS. These factors are briefly discussed below.
1.2.1 Content is critical
With a limitation of only 160 characters, users are forced to think very clearly about how they
are going to phrase their messages. This means that businesses can no longer have long-winded
product descriptions, or large images to lend support to their messages. They need to be more
creative in their thinking and descriptions.
1.2.2 Client databases
One of the benefits of SMS as a marketing tool is that it does not always require marketers to
possess a customer database or client list. Without a database, business can enable any website,
for instance using Clickatell’s solutions, so that websites’ visitors can send SMS messages and
spread its brand. Of course, with marketers’ own database there is virtually nothing that cannot
be done.
1.2.3 Sender ID branding
Using the sender ID branding feature means that there is inevitably more space for text in the
body of the message. The advertiser does not have to include the message sender in the body
text; this leaves more room for the important content.
1.2.4 Flash SMS
Flash SMS is a specialised SMS feature that enables a standard text SMS to be delivered directly
to the screen of the mobile device. It automatically appears directly on the screen. This way it
can make the SMS less intrusive or disruptive than normal, and this is a powerful SMS protocol
from important messages that do not need to be stored, but that should be read quickly.
1.2.5 Other factors
The time and frequency of SMS transmission, and SMS direct and indirect impact are also
important for incorporating SMSs in marketing and promotion.
• Time and frequency of SMS transmission
SMS messages are less intrusive than phone calls, as recipients can read the message at their
leisure and choose whether to respond or not. Nevertheless, advertisers must consider the time
and frequency of sending messages, based on both the target group and the topic.
For example, the CEO (Chief Executive Officer) of the biggest mobile marketing company in the
German speaking part of Europe stressed that “messages should only be sent between 9:00 and
19:30 on weekdays”. Thus, particularly, when addressing students, messages should not be sent
before noon, because at this time students can either not be reached efficiently or might get into
trouble receiving messages during their classes.
• SMS direct and indirect impact
SMS usually urge the recipient to “act on the spot”. As almost all recipients read their SMS
messages, it is imperative to induce the customer to act, such as attending the party that night.
Another important impact is the viral effect of appealing text messages. Recipients may forward
messages to their friends, thus increasing the overall impact. This indirect impact effect is
difficult to plan, as it depends on consumer trends. Viral effects amplify the success of an SMS
marketing campaign.
1.3 Permission-based SMS in marketing and promotion
According to Botha et al, to ensure using SMS to its full potential, marketers should practice
permission-based marketing by means of the following guidelines:
• Offer the existing and prospective customers an incentive for volunteering to become part of
marketers’ database;
• Ensure that the information passed to the customer increases in value over time (for the
customer);
• Constantly reinforce the incentive using new information from the customer (create a dialogue,
not monologue);
• Increase the level of permission, reward to the customer for more information; and
• Turn the permission marketers have into a profitable situation for themselves and their clients.
2.2 OVERVIEW OF THE RESEARCH DESIGN
“A research design is the detailed blueprint used to guide a research study towards its
objectives”. The process of designing a research study involves many interrelated decisions. The
most significant decision is the choice of the research approach because it determines how the
information will be obtained. Research approaches can thus be exploratory, descriptive and
causal.
After choosing the research approach, the next step is to select a means of gathering the data.
According to McDaniel and Gates, there are three basic research methods: survey, observation
and experiment.
Once the research approach has been chosen the researcher needs to identify the relevant target
population. Thereafter, the question is whether to use a probability sample or a non-probability
sample and determine the sample size. This is followed by the data collection.
After the data collection, the researcher may use a variety of techniques to implement data
analysis, such as descriptive data analysis and more complex multivariate techniques. The
structural equation model (SEM) was especially useful for the multivariate data analysis used in
this research. The elements of the research design are now discussed in more detail.
2.3 RESEARCH APPROACH
Research Approach is the most research objectives can be met by using one of three types of
research designs: exploratory, descriptive and causal.
2.3.1 Exploratory research
Exploratory research focuses on collecting either secondary or primary data and uses an
unstructured format or informal procedures to interpret the data. It is useful for establishing
priorities among research questions and for learning about the practical problems of carrying out
the research. Exploratory research is used when one is seeking insights into the general nature of
a problem, the possible decision alternatives, and the relevant variables that need to be
considered. It is also often used simply to classify the problems or opportunities and it is not
intended to provide conclusive information from which a particular course of action can be
determined.
2.3.2 Causal research
Causal research is designed for collecting raw data and creating data structures and information
that will allow the 99decision maker or researcher to model cause-and-effect relationships
between two or more market (or decision) variables.
Causal research is most appropriate when the research objectives include the need to understand
the reasons why certain market phenomena happen as they do. Therefore, causal research can be
used to understand the functional relationships between the causal factors and the effect
predicted on the market performance variable under investigation. Causal research offers an
opportunity for identifying, determining and explaining causality among critical market factors.
2.3.3 Descriptive research
Descriptive research uses a set of scientific methods and procedures to collect raw data and
create data structures that describe the existing characteristics (such as attitudes, intentions,
preferences, purchase behaviors, evaluations) of current marketing mix strategies for a defined
target population or market structure.
The major objective of descriptive research is to describe something, usually market
characteristics or functions. Implicit in descriptive research is the fact that management already
knows or 100understands the underlying relationships among the variables in the problem.
A major difference between exploratory and descriptive research is that descriptive research is
characterized by the prior formulation of specific research questions and hypotheses. Thus
descriptive research specifies the methods for selecting the sources of information and for
collecting data from those sources.
In this study, descriptive research was selected to describe the underlying relationships between
various influencing factors and attitudes towards mobile marketing among high school learners.
3. Objectives of the Study:
• To analyse behaviour of investors.
• To study the investor’s attitude as per risk & return characteristics of investor’s.
• To study investor motives of investing in financial product.
4. Research Methodology:
 Research Design:
 This Research is Descriptive in nature.
 Source of the Data:
 Primary as well as Secondary data will be used for Research Work.
1) Primary Data: Primary data are those that are obtain by the user for fulfillment
their purpose.
2) Secondary Data: Secondary data will be collected through various
published articles, newspapers which are published and are available in various journals
books magazine and those which can be downloaded from different websites.
 Data Collection Method:
 Data will be collected from Well Structured Questionnaire, which be filled by investor of
Bharuch City.
 Population:
 Population size will be 100 investors, from Bharuch city.
 Sampling Method:
 Simple random sampling method
 Tools of Ananlysis :
 Descriptive Statistics & appropriate Statistical tests

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Chirag

  • 1. AN INDUSTRIAL DEFINED PROJECT REPORT ON “ANALYSES OF TEXT MESSAGING AS ADVERTISING TOOL” Submitted to NARMADACOLLEGE OF MANAGEMENT Affiliated to GUJARAT TECHNOLOGICAL UNIVERSITY, AHMEDABAD MASTER OF BUSINESS ADMINISRTRATION Under the guidance of MR. KUNAL MOJIDRA SUBMITTED BY: CHIRAG GOHIL (1152) Narmada College of Management Zadeshwar Bharuch
  • 2. CERTIFICATE TO WHOMSOEVER IT MAY CONCERN This is to certify that MR.CHIRAG GOHIL as a part of his curriculum has carried out study on“ ANALYSES OF TEXT MESSAGING AS ADVERTISING TOOL”, during the Fourth semester towards the fulfillment of the requirement for the Degree in Master of Business Administration of Narmada College of Management, Bharuch affiliated with Gujarat Technological University, Ahmadabad. We are pleased to state that the project was successfully completed and the report submitted was to our fullest satisfaction. Thanking you. Dr. TRUPTI ALMOULA (I/C Director)
  • 3. DECLARATION I,CHIRAG GOHIL, hereby declare that project report entitled ” ANALYSES OF TEXT MESSAGING AS ADVERTISING TOOL ” is a result of our own work and indebtedness to work publications, if any have been duly acknowledged. Place: Bharuch Signature Date: __/__/____
  • 4. Acknowledgements We have been able to prepare our report successfully and we acknowledge a special thanks to all those peoples without whose support it was impossible for us to make project report. It has been enriching experience for me to undergo my winter training We would hereby take this opportunity to show our gratitude towards our guide for what we have learnt during the training. A good response, feedback and co-operation given by guide helped me in gaining knowledge and solving queries. At last but not least, we are thank full to everyone who took part directly or indirectly to complete this project With regards
  • 5. TABLE OF CONTENTS EXECUTIVE SUMMARY .............................................................................................................. INTRODUCTION ............................................................................................................................ LITERATURE REVIEW ................................................................................................................. OBJECTIVES OF STUDY:…………………………………………………………………… RESEARCH METHODOLOGY...................................................................................................... RESEARCH DESIGN………………………………………………………………………… DATA COLLECTION ……………………………………………………………………... SAMPLE DESIGN........................................................................................................................... QUESTIONNAIRE DESIGN........................................................................................................... DATA ANALYSIS & INTERPRETATION.................................................................................... FINDINGS........................................................................................................................................ LIMITATIONS................................................................................................................................. CONCUTION.................................................................................................................. RECOMMENDATION..................................................................................................... BIBLIOGRAPHY............................................................................................................................. APPENDIX: QUESTIONNAIRE ....................................................................................................
  • 7. 1. SHORT MESSAGE SERVICE (SMS) AS A MARKETING TOOL “The future for mobile youth marketing is enormous. The cell-phone is the Most important and personal device a teens carries” As a marketing tool mobile advertising messages are usually transmitted via SMS, and the receiver of mobile advertising messages is addressed specifically. Therefore, the introduction of the SMS technology could be a more direct and ideal means of communication between the educational institution and students. Some people believe that the mobile channel, especially SMS, is seen as an immediate, automated, reliable, personal, discreet and customized channel allowing an efficient way to reach customers directly and providing cell-phone users with a direct call-to-action that would be almost impossible via other channels. Thus, SMS has been described as the “killer application” of mobile commerce and SMS advertising is growing rapidly. Barwise and Strong identify six ways of using SMS for advertising: brand building, special offers, timely media “teasers”, competitions, polls/voting, products, services and information requests. Key advantages are its intrusiveness, interactivity, immediacy and targeting by location. Furthermore, SMS is an extremely cost-effective, high-response-rate vehicle, which can help acquire and retain customers, sell and promote products, drive loyalty, and reinforce branding efforts. As a new medium, SMS has characteristics which include: high reach, low cost, and high. 1.1 Reasons for selecting SMS as a marketing tool The following are the reasons why SMS will be selected as the marketing tool for businesses to communicate with their customers. These include cost-effectiveness, reach, response, immediacy, automation, customization, and reliability, message reporting and personal and discreet. 1.1.1 Cost-effectiveness SMS as a new communication medium is the most cost-effective way of communicating to any mobile audience. “Data are transmitted via mobile channels, and can be delivered to a handset at a fraction of the speed and cost of a voice call. In particular, the fact SMS can be sent out in bulk
  • 8. to large groups of recipients in a manual or automated manner further means that fewer resources are required to activate the communication”. 1.1.2 High reach More people can be reached via SMS than with e-mail or fax communications. “SMS is at the same time mobile, in the sense that recipients can be reached wherever they are. In addition, using the correct gateway will allow for global reach, with the same features and delivery and cost as little as a local message”. 1.1.3 High response There is a high level of attention to any text message that is received by the individual. “Almost invariably, the whole message is read, which is really easy since the protocol is constrained to delivering 160 characters. These factors induce a higher than average response rate to a call to action, as there are high attention levels to incoming messages”. 1.1.4 Immediacy “SMS messages are pushed to the handset by the delivery network’s short message service centre (SMSC) and do not rely on the recipient retrieving them from a server”. It is an extremely reliable means of getting time-sensitive messages to recipients. It also is an effective way of communicating directly with the intended recipient as close to real time as possible. 1.1.5 Automation SMS can be automated as easily as automating the sending of an e-mail. “The business is able to automate or script the messages, which means that for example a bank can easily send automated balance updates, financial firm stock prices based on market movement, and so on”. An educational institution can easily send information such as timetables, exam marks, important notices and campus news to students via SMS. 1.1.6 Customization “As with the automation of messages, SMS can also be customised, even if sent in bulk or by an application. This can be done with the use of SMS merger applications, or through existing database functions and queries, which are directed to the SMS gateway”. 1.1.7 Reliability SMS has excelled as a new acceptable communication medium. “Due to a continued increase in its reliability, with end-to-end solutions, providers committed to achieve 100 percent reliability, it is widely accepted as a new business communications channel”. 1.1.8 Message reporting
  • 9. SMS messages can be logged with a full message report. “Messages can be searched on the basis of date, content, destination number, and product or ID employed. This allows full tracking and reporting, which permits a business to exercise control”. 1.1.9 Personal and discreet The idea of one-on-one marketing is that businesses can create a personal profile of individual customers’ preferences and behaviors, and thereby tailor offers specifically for them. SMS is therefore different from other kinds of mass media and can be direct and private. 1.2 Incorporating SMS in marketing and promotion Incorporating SMS in marketing and promotion concern factors such as content, client databases, sender ID branding and flash SMS. These factors are briefly discussed below. 1.2.1 Content is critical With a limitation of only 160 characters, users are forced to think very clearly about how they are going to phrase their messages. This means that businesses can no longer have long-winded product descriptions, or large images to lend support to their messages. They need to be more creative in their thinking and descriptions. 1.2.2 Client databases One of the benefits of SMS as a marketing tool is that it does not always require marketers to possess a customer database or client list. Without a database, business can enable any website, for instance using Clickatell’s solutions, so that websites’ visitors can send SMS messages and spread its brand. Of course, with marketers’ own database there is virtually nothing that cannot be done. 1.2.3 Sender ID branding Using the sender ID branding feature means that there is inevitably more space for text in the body of the message. The advertiser does not have to include the message sender in the body text; this leaves more room for the important content. 1.2.4 Flash SMS Flash SMS is a specialised SMS feature that enables a standard text SMS to be delivered directly to the screen of the mobile device. It automatically appears directly on the screen. This way it can make the SMS less intrusive or disruptive than normal, and this is a powerful SMS protocol from important messages that do not need to be stored, but that should be read quickly.
  • 10. 1.2.5 Other factors The time and frequency of SMS transmission, and SMS direct and indirect impact are also important for incorporating SMSs in marketing and promotion. • Time and frequency of SMS transmission SMS messages are less intrusive than phone calls, as recipients can read the message at their leisure and choose whether to respond or not. Nevertheless, advertisers must consider the time and frequency of sending messages, based on both the target group and the topic. For example, the CEO (Chief Executive Officer) of the biggest mobile marketing company in the German speaking part of Europe stressed that “messages should only be sent between 9:00 and 19:30 on weekdays”. Thus, particularly, when addressing students, messages should not be sent before noon, because at this time students can either not be reached efficiently or might get into trouble receiving messages during their classes. • SMS direct and indirect impact SMS usually urge the recipient to “act on the spot”. As almost all recipients read their SMS messages, it is imperative to induce the customer to act, such as attending the party that night. Another important impact is the viral effect of appealing text messages. Recipients may forward messages to their friends, thus increasing the overall impact. This indirect impact effect is difficult to plan, as it depends on consumer trends. Viral effects amplify the success of an SMS marketing campaign. 1.3 Permission-based SMS in marketing and promotion According to Botha et al, to ensure using SMS to its full potential, marketers should practice permission-based marketing by means of the following guidelines: • Offer the existing and prospective customers an incentive for volunteering to become part of marketers’ database; • Ensure that the information passed to the customer increases in value over time (for the customer); • Constantly reinforce the incentive using new information from the customer (create a dialogue, not monologue); • Increase the level of permission, reward to the customer for more information; and • Turn the permission marketers have into a profitable situation for themselves and their clients.
  • 11. 2.2 OVERVIEW OF THE RESEARCH DESIGN “A research design is the detailed blueprint used to guide a research study towards its objectives”. The process of designing a research study involves many interrelated decisions. The most significant decision is the choice of the research approach because it determines how the information will be obtained. Research approaches can thus be exploratory, descriptive and causal. After choosing the research approach, the next step is to select a means of gathering the data. According to McDaniel and Gates, there are three basic research methods: survey, observation and experiment. Once the research approach has been chosen the researcher needs to identify the relevant target population. Thereafter, the question is whether to use a probability sample or a non-probability sample and determine the sample size. This is followed by the data collection. After the data collection, the researcher may use a variety of techniques to implement data analysis, such as descriptive data analysis and more complex multivariate techniques. The structural equation model (SEM) was especially useful for the multivariate data analysis used in this research. The elements of the research design are now discussed in more detail. 2.3 RESEARCH APPROACH Research Approach is the most research objectives can be met by using one of three types of research designs: exploratory, descriptive and causal. 2.3.1 Exploratory research Exploratory research focuses on collecting either secondary or primary data and uses an unstructured format or informal procedures to interpret the data. It is useful for establishing priorities among research questions and for learning about the practical problems of carrying out the research. Exploratory research is used when one is seeking insights into the general nature of a problem, the possible decision alternatives, and the relevant variables that need to be considered. It is also often used simply to classify the problems or opportunities and it is not intended to provide conclusive information from which a particular course of action can be determined. 2.3.2 Causal research
  • 12. Causal research is designed for collecting raw data and creating data structures and information that will allow the 99decision maker or researcher to model cause-and-effect relationships between two or more market (or decision) variables. Causal research is most appropriate when the research objectives include the need to understand the reasons why certain market phenomena happen as they do. Therefore, causal research can be used to understand the functional relationships between the causal factors and the effect predicted on the market performance variable under investigation. Causal research offers an opportunity for identifying, determining and explaining causality among critical market factors. 2.3.3 Descriptive research Descriptive research uses a set of scientific methods and procedures to collect raw data and create data structures that describe the existing characteristics (such as attitudes, intentions, preferences, purchase behaviors, evaluations) of current marketing mix strategies for a defined target population or market structure. The major objective of descriptive research is to describe something, usually market characteristics or functions. Implicit in descriptive research is the fact that management already knows or 100understands the underlying relationships among the variables in the problem. A major difference between exploratory and descriptive research is that descriptive research is characterized by the prior formulation of specific research questions and hypotheses. Thus descriptive research specifies the methods for selecting the sources of information and for collecting data from those sources. In this study, descriptive research was selected to describe the underlying relationships between various influencing factors and attitudes towards mobile marketing among high school learners. 3. Objectives of the Study: • To analyse behaviour of investors. • To study the investor’s attitude as per risk & return characteristics of investor’s. • To study investor motives of investing in financial product. 4. Research Methodology:  Research Design:
  • 13.  This Research is Descriptive in nature.  Source of the Data:  Primary as well as Secondary data will be used for Research Work. 1) Primary Data: Primary data are those that are obtain by the user for fulfillment their purpose. 2) Secondary Data: Secondary data will be collected through various published articles, newspapers which are published and are available in various journals books magazine and those which can be downloaded from different websites.  Data Collection Method:  Data will be collected from Well Structured Questionnaire, which be filled by investor of Bharuch City.  Population:  Population size will be 100 investors, from Bharuch city.  Sampling Method:  Simple random sampling method  Tools of Ananlysis :  Descriptive Statistics & appropriate Statistical tests