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[1]
Project Title
To understand pre purchase decision making process for
IFB products
(WM and MWO)
Prepared by:
Ranbir Kumar Singh
Roll No:-111309
PGDM (2011-2013)
[1]
Project Title
To understand pre purchase decision making process for
IFB products
(WM and MWO)
Prepared by:
Ranbir Kumar Singh
Roll No:-111309
PGDM (2011-2013)
[1]
Project Title
To understand pre purchase decision making process for
IFB products
(WM and MWO)
Prepared by:
Ranbir Kumar Singh
Roll No:-111309
PGDM (2011-2013)
[2]
Declaration Certificate
I Ranbir Kumar Singh, hereby declare that this project titled
“To understand pre purchase decision making process for
IFB products (WM, and MWO)” with special reference to IFB
industries Ltd, Patna. It is based on original project study
conducted by me under the guidance of head of department,
Mr. Deepak Prakash (Branch Manager, IFB Industries Ltd,
Patna), Miss Tripti Jha (Business Manager, Domestic home
appliances, IFB Industries Ltd, Patna) and Mr. Ashish Mishra
(Business Manager, Commercial appliances and Institutional
sales, State of Bihar, IFB Industries Ltd, Patna I further declare
that this project has not previously formed the basis of the
award of any degree or Diploma or similar title of recognition.
Place: Patna
Date: (Ranbir Kumar Singh)
[3]
Certificate of approval
It is certified that this dissertation titled “To understand pre
purchase decision making process for IFB products (WM,
and MWO)” (with reference IFB Industries Ltd, Patna)” is
based on an original project study conducted by Ranbir Kumar
Singh of 3rd Trimester of PGDM under my guidance. He has
attended the required sessions held.
This project report has not formed the basis of the award of any
degree / diploma by University or Institutions.
Place: Patna
DATE:-
[4]
Acknowledgment
I would like to express my profound gratitude to all those who
have being instrumental in preparation of my project report.
This project would not have been possible without the support
of many people. I would like to thanks head of department, Mr.
Deepak Prakash (Branch Manager, IFB Industries Ltd, Patna
for his support and help. I would like to say thanks to my guide,
Miss Tripti Jha (Business Manager, Domestic home
appliances, IFB Industries Ltd, Patna), Mr. Ashish Mishra
(Business Manager, Commercial appliances and Institutional
sales, State of Bihar, IFB Industries Ltd, Patna) for her silent
and meaningful guidance towards the career development.
Who impressed me with his dedication and sincerity to the
subject of Marketing Management?
Last but not the least my special thanks to my Parents and
family members who supported me and my dear friends who
encouraged me.
[5]
Content Page
Serial No. 1 Project Title Page No – 1
Serial No. 2 Declaration Certificate Page No – 2
Serial No. 3 Certificate Approval Page No – 3
Serial No. 4 Acknowledgment Page No – 4
Serial No. 5 Content Page Page No – 5
Serial No. 6 Objective of study Page No – 6
Serial No. 7 Introduction Page No – 7 to
8
Serial No. 8 Company Profile Page No – 9 to
10
Serial No. 9 Project Description Page No – 11
to 12
Serial No. 10 Research Methodology Page No – 13
to 14
Serial No. 11 Response of 50 customer Page No – 15
to 20
Serial No. 12 Data analysis & Interpretation Page No – 21
to 54
Serial No. 13 Finding Page No – 55
to 56
Serial No. 14 Conclusion and methodology Page No – 57
to 58
Serial No. 15 SWOT Analysis of IFB Home
appliances
Page No – 59
to 61
Serial No. 16 Limitation Page No – 62
Serial No. 17 Questionnaires Page No – 63
to 68
Serial No. 18 Bibliography Page No – 69
[6]
Objective of study
 To identify buying pattern of fully automatic washing
machine & microwave oven
 To evaluate the alternative preferences of the customer.
 To identify how price, feature, service affect sales of
Washing Machine
 To study responsible factor to increase sales of Washing
Machine and Microwave Oven in Bihar market
 To identify the scope of the Washing Machine and
Microwave Oven
[7]
Introduction
IFB Industries Limited is India’s leading home appliances and
fine blanks producer. The company was known as Indian Fine
Blanks Ltd. It started operations in 1974 in collaboration with
Hienrich Schmid AG of Switzerland. The company got listed on
the BSE in 2000. Today, the company manufactures fine Blank
components such as straighteners, Decoilers and strip loaders
as well as other engineering components, and home
appliances such as washing machines, dishwashers,
microwaves, hobs, Chimneys and other cooking appliances. Its
manufacturing plants are located at Kolkata and
Gangarampur (West Bengal), Selcete and IIhas (Goa),
Bhopal (Madhya Pradesh) and Bangalore. Its registered and
corporate office is located at Kolkata.
Established player in home appliances segment
IFB Industries Limited has an established market position in
the home appliance segment. The company manufactures
home and kitchen appliances such as washing machines,
washer dryer, laundry dryer, Dishwasher, Microwave oven,
hobs, chimneys and other cooking appliances. In FY10, the
home appliances segment contributed almost 82% of revenues.
The company also manufactures engineering products like fine
blanked components, cushion plate for seat recliners, K12
tongue for seat belt assembly, door latches, gear shift selector
for transmission, gear shifter for transmission, rotor segment for
aircrafts, plate valve for compressors, gears, etc for two-
wheelers. Clients for its engineering products include Maruti
Suzuki, Ford India, Fiat India, Toyota Kirloskar Motors, Lucas
[8]
TVS, Brakes India, Rane TRW, Bosch Chasis, TVS Motor Co,
Yamaha Motorcycles, Honda Motorcycles & Scooters India,
Royal Enfield, Hero Honda, L&T, SKF, etc. In FY10, fine blanks
and engineering operations contributed 18% to total revenue in
FY10.
Strengthening its reach in tier 2 and tier 3 towns
IFB Industries Limited is strengthening its distribution network
in tier 2 and tier 3 towns and focusing on marketing
programmes for semi-urban and rural markets.
The company has a 24-hour tele-helpline service for queries. It
delivers to over 1,600 locations in India.
[9]
Company Profile
Company Name
Indian Fine Blanking Industries Limited
Head Office Address
IFB Industries Head Office Address:
Flat No.IND-5 Sector-1East Kolkata Township
Kolkata: 700088
West Bengal, India.
IFB Industries Phone Number: (33) 39849524 39849475
IFB Industries Website: www.ifbbangalore.com
Company Status
IFB Industries Limited is a US$ 250 million diversified
business house having interests in appliances, automotive
components, alcohol and marine foods. Our businesses enjoy
leadership status and in most product categories have a
dominant market share. The businesses are built on the ethos
of quality, technology and customer focus as well as financial
prudence. The “IFB” brand enjoys very strong equity in the
minds of the customers and is amongst the most desired
brands in India.
[10]
The businesses are growing at an average of about 30% and
are on an expansion spree leading to requirement of
knowledgeable people in the following areas:
Appliances
 Front loading washing machines
 R&D
 Quality
 Purchase
 Manufacturing
Auto Components
 Fine Blanking
 Tooling
 Design
 Process Engineering
 Quality & Manufacturing
 Seat Mechanisms
 Manufacturing & Quality
 Window Lifter
 Manufacturing & Quality
 Automotive Motors – Window Lifter motors
 R&D
 Manufacturing & Quality
[11]
Project Description
Consumer Decision Making Processes
By Ken Matsuno
Traditionally, consumer researchers have approached decision
making process from a rational perspective. This dominant
school of thought views customers as being cognitive (i.e.,
problem-solving) and, to some but a lesser degree, emotional.i
Such a view is reflected in the stage model of a typical buying
process (often called the consumer information processing
model) depicted in Figure.
Problem Recognition
Information Search
Evaluation and Selection of Alternatives
Decision Implementation
Post-purchase Evaluation
[12]
Figure 1 the Consumer Information Processing Model
Source: Adopted from Kotler (1997), Schiffman and Kanuk
(1997), and Solomon (1996)
In this model, the consumer passes through five stages:
problem recognition, information search, evaluation and
selection of alternatives, decision implementation, and post-
purchase evaluation.
[13]
Research Methodology
Meaning
Research is an intensive and purposeful search for knowledge
and understanding of social and physical phenomenon.
Research is scientific activity undertaken to establish
something, a fact, a theory a principle or an application. One
can also define research as a scientific and systematic search
for pertinent information on a specific topic. Infect research is
art of scientific investigation. According to John W.Best
“Research is the systematic and objective analysis and
recording of controlled observation that may lead to
development of generalization, principles or theories resulting
prediction and possibly ultimate control of events”
Source of Data Collection
1. Primary Data
In primary data collection, you collect the data yourself using
methods such as interviews and questionnaires. The key point
here is that the data you collect is unique to you and your
research and, until you publish, no one else has access to it.
There are many methods of collecting primary data and the
main methods include:
 questionnaires
 interviews
 focus group interviews
[14]
 observation
 case-studies
 diaries
 critical incidents
 Portfolios
2. Secondary Data
In secondary data collection, the company uses information
from other sources that has already been researched by
somebody else. Instead of carrying out research yourself like in
primary research, you simply use somebody else's results that
have already been collected which have been carried out in
similar ways to how you would have carried it out.
There are many methods of collecting secondary data and the
main methods include:
 Websites
 Other companies reports
 Websites etc.
I have collected both type of data, primary data and
secondary data (provided by company). I relied on the data
given by respondents through questionnaire designed by me.
[15]
Response of 50 Customers through personal interviews
No
of
respon
dent
How did
you know
about IFB?
Are you
satisfied with
services and
product?
Do you know
about fully
automatic
IFB washing
machine?
Why did
you buy
Front/Top
Loading
machine?
Do you
use any
other IFB
product?
Which other
company's
product have
you seen in the
dealer's shop?
Which
company's
of MWO do
you use?
1 TV Add Yes Not
Interested
No Samsung Non user
2 Dealer Yes No Not
Interested
No Samsung, LG Non user
3 News Paper Yes Best
Feature
No Not Remember Non user
4 Brand Loyal
(All family
use IFB)
Yes (fuse)
vibration
Yes Brand Loyal No Samsung Non user
5 Existing
customer of
WM
YES Want
(TROLLY +
cover)
Yes Best
Feature
WM Godrej Non user
6 Exchange
offer
(Internet)
Not Satisfy
(after many
call no
Response
from service
side)
Yes No option
(he has to
exchange
his
machine)
No Did not see (He
got home
delivery)
Non user
7 Existing
customer of
WM
(since1999)
Yes Yes Best
Feature
No Not interested Non user
8 Dealer Can’t say No Best
Feature
Evening Non user
9 Friend Yes Yes Brand Name No Not Remember Non user
10 Existing
customer of
WM
Not Satisfied
(service
person should
visit in every
two month)
Yes Best
Feature
Yes LG, Samsung IFB
11 Dealer Yes No Best feature
(Suggested
by Brother )
No Not interested Non user
[16]
12
Existing
customer of
WM
Yes Yes
Best
Feature, less
water
Consumption
No Whirlpool Non user
13 Dealer Yes No Brand Name Yes LG, Samsung
(Dealer try to sell
other company's
product)
IFB
14 Existing
customer of
WM
Yes Yes Best Feature No Not interested Non user
15 His
Daughter(His
all family
members are
user of IFB
Product)
Yes Yes Best feature
(Suggested
by Daughter,
Son, )
No Samsung Non user
16 Suggested
by Dealer
Yes No Best feature Yes LG, Samsung IFB
(25SC3)
17 Dealer Yes No Microwave
User
No Bajaj, Kenstar,
LG
IFB
18 Dealer Can't say (till
now, I didn't
need any
services)
No Best feature
known by
friend
No I see only IFB Non user
19 Dealer (lite
corner)
Yes No Microwave
User
Yes Not Remember IFB
[17]
20 Suggested
by Friend
Yes Yes Best feature,
latest
technology
No LG Non user
21 Smart
customer
Yes Yes Best feature No Not interested Not
Intereste
d
22 Internet Yes No Microwave
User
Yes Home delivery IFB
23 Suggested
by Relative
Not satisfied
(service
person told
that I will
provide you
trolley, cover
after one week
and till now he
did not come )
Yes Yes Yes (Argo
6512R)
Not interested IFB
24 suggested
by Relative
(Want to buy
Microwave
Oven)
Yes Yes Best feature No LG, Samsung Non user
25 Existing
Customer (
He
suggested
so many
friend to buy
IFB Product)
Yes Yes Best quality, No Not Interested(
only IFB)
Non User
26 Internet Yes Yes Best quality, Microwave
oven
Whirlpool IFB
27 Suggested
by Relative
(they are
using for 20
Year)
Yes Yes Brand loyal
Best quality,
(In relation
they are
using for 20
year with
good
performance
)
No Samsung, LG Non user
28 Suggested
by dealer
(Elite)
Yes Yes Best quality No Kenstar, LG,
Samsung
Non user
[18]
29 Suggested
by friend
Yes Yes Best feature No Only IFB Non user
30 Existing
customer of
IFB WM(4th
IFB washing
machine)
Yes Yes Best quality No Buy through
exchange offer
LG,
Samsung
31 Existing
customer of
IFB WM(For
ten year)
Yes Yes Best quality No Videocon,
Samsung, LG,
whirlpool
Non user
32 Friend Yes Yes Microwave
User
Washing
machine
LG IFB
33 Suggested
by brother
No (During
installation
behaviour of
service person
is not good)
Yes Best feature No Whirlpool, LG Non user
34 Suggested
by Relative
Yes Yes Services,
Best feature
Washing
machine
LG, Samsung IFB
35 Suggested
by daughter
Yes No Best feature Yes LG IFB
36 Dealer Can't say (Till
now, I didn't
need any
service)
Yes Microwave
User
Yes Whirlpool,
Samsung
IFB
[19]
37 Suggested
By Other
family
member
Yes No Best feature No LG Non user
38 Internet No (During
installation
behaviour of
service person
was not good,
they were not
installing in
proper way)
Yes Best feature
(Willing to
buy for 20
Year)
No Whirlpool, LG LG
39 Suggested
by Son (he is
user of IFB
WM)
Yes Yes Best feature
(Suggested
by Son)
No LG Non user
40 Suggested
by Friend (
He is user of
IFB WM)
Yes Yes Best Brand No Not interested in
other Product
(Only I Had to
buy IFB washing
machine)
Non user
41 Suggested
by relative
(they are
user of IFB
WM)
Yes Yes Best feature No Whirlpool Non user
42 Suggested
by Friend (
He is user of
IFB WM)
Can't Yes Best Brand No Not interested in
other Product
(Only I Had to
buy IFB washing
machine)
Non user
43 Internet Yes Yes Best product,
Brand name
No Home Delivery Non user
[20]
44 Suggested
by Dealer
Can't say (Till
now, I didn't
need any
service)
No (I saw IFB
washing at
dealer shop)
Best product
(Suggested
by Dealer)
No LG, Samsung,
Whirlpool
Non user
45 Dealer Can't say (Till
now, I didn't
need any
service)
No (I saw IFB
washing at
dealer shop)
Best product
(Suggested
by Dealer)
No Not remember Non user
46 Suggested
by Dealer
Yes Yes Best quality No LG, Samsung Non user
47 Friend Yes Yes Best product No LG Non user
47 Existing
customer of
IFB WM(4th
IFB washing
machine)
Yes Yes Best quality No Whirlpool, LG,
Samsung
48 Dealer Can’t say No Best Feature Yes Evening Non user
49 Dealer Yes No Best Feature No Bajaj, Kenstar,
LG
IFB
50 Suggested
by Relative
Yes Yes Services,
Best feature
Yes LG, Samsung IFB
[21]
Data Analysis & Interpretation
Consumer Pre purchase Behaviour Survey
How people take purchase decision while purchasing
Washing Machine?
Graph and Analysis
Sample size =50
How customers know about IFB Washing Machine?
Out of 50 sample size 23 were aware about the product
through Friend & Relative, 13 through dealer, 9 are existing
customer, 5 through internet.
Inference
Word of mouth plays significant role in advertisement, large
number of Customers trusts on dealers’ word, Existing
customers spread the name of the company and Internet also
makes people known about the brand.
Internet
10%
Dealer
26%
Existing
Customer
18%
Customers Response
[21]
Data Analysis & Interpretation
Consumer Pre purchase Behaviour Survey
How people take purchase decision while purchasing
Washing Machine?
Graph and Analysis
Sample size =50
How customers know about IFB Washing Machine?
Out of 50 sample size 23 were aware about the product
through Friend & Relative, 13 through dealer, 9 are existing
customer, 5 through internet.
Inference
Word of mouth plays significant role in advertisement, large
number of Customers trusts on dealers’ word, Existing
customers spread the name of the company and Internet also
makes people known about the brand.
Relative &
Friend(existing
customers of
IFB)
46%
Internet
10%
Existing
Customer
18%
Customers Response
[21]
Data Analysis & Interpretation
Consumer Pre purchase Behaviour Survey
How people take purchase decision while purchasing
Washing Machine?
Graph and Analysis
Sample size =50
How customers know about IFB Washing Machine?
Out of 50 sample size 23 were aware about the product
through Friend & Relative, 13 through dealer, 9 are existing
customer, 5 through internet.
Inference
Word of mouth plays significant role in advertisement, large
number of Customers trusts on dealers’ word, Existing
customers spread the name of the company and Internet also
makes people known about the brand.
Relative &
Friend(existing
customers of
IFB)
46%
[22]
Pie-Chart and Analysis
Sample size =50
How many customers are satisfied with services?
Out of 50 sample size 80% people are satisfy with services,
10% can’t say because till now they didn’t need any services
and rest 10% people are not satisfied with the services due to
irrelevant behaviour of services person during installation.
Inference
IFB provide best services to their customers after sales, we
should also provide soft skill and technical training to our
service persons; so that we can reduce complain against
services related to their soft skill and technical knowledge.
Yes
80%
How many % of Customers are satisfy
with services
[22]
Pie-Chart and Analysis
Sample size =50
How many customers are satisfied with services?
Out of 50 sample size 80% people are satisfy with services,
10% can’t say because till now they didn’t need any services
and rest 10% people are not satisfied with the services due to
irrelevant behaviour of services person during installation.
Inference
IFB provide best services to their customers after sales, we
should also provide soft skill and technical training to our
service persons; so that we can reduce complain against
services related to their soft skill and technical knowledge.
Can't Say
10%
No
10%
How many % of Customers are satisfy
with services
[22]
Pie-Chart and Analysis
Sample size =50
How many customers are satisfied with services?
Out of 50 sample size 80% people are satisfy with services,
10% can’t say because till now they didn’t need any services
and rest 10% people are not satisfied with the services due to
irrelevant behaviour of services person during installation.
Inference
IFB provide best services to their customers after sales, we
should also provide soft skill and technical training to our
service persons; so that we can reduce complain against
services related to their soft skill and technical knowledge.
No
10%
How many % of Customers are satisfy
with services
[23]
Pie-Chart and Analysis
Sample size =50
Awareness of IFB product among consumer
Out of 50 samples size 42 customers are aware about the
product from different source like friend, relative, Internet, and 8
customers first see at the dealer shop.
Inference
Before purchasing 42 customers were aware about IFB product
and word of mouth play important role for IFB products
promotion.
Yes
84%
Awerness of IFB Washing Machine
[23]
Pie-Chart and Analysis
Sample size =50
Awareness of IFB product among consumer
Out of 50 samples size 42 customers are aware about the
product from different source like friend, relative, Internet, and 8
customers first see at the dealer shop.
Inference
Before purchasing 42 customers were aware about IFB product
and word of mouth play important role for IFB products
promotion.
No
16%
Awerness of IFB Washing Machine
[23]
Pie-Chart and Analysis
Sample size =50
Awareness of IFB product among consumer
Out of 50 samples size 42 customers are aware about the
product from different source like friend, relative, Internet, and 8
customers first see at the dealer shop.
Inference
Before purchasing 42 customers were aware about IFB product
and word of mouth play important role for IFB products
promotion.
No
16%
Awerness of IFB Washing Machine
[24]
Pie-Chart and Analysis
Sample size =50
Attributes of buying IFB Washing Machine
Out of 50 samples size 25 Customers buy due to Best Feature,
18 Customers due to Best Quality, and 5 Customers is Brand
loyal and 2 Customers can’t say.
Inference
Most of the customers take decision on the basis of feature,
also customers believes on quality and some are brand loyal.
Best Quality
36%
Brand Loyal
4%
Can't Say
8%
Customers Response
[24]
Pie-Chart and Analysis
Sample size =50
Attributes of buying IFB Washing Machine
Out of 50 samples size 25 Customers buy due to Best Feature,
18 Customers due to Best Quality, and 5 Customers is Brand
loyal and 2 Customers can’t say.
Inference
Most of the customers take decision on the basis of feature,
also customers believes on quality and some are brand loyal.
Best Feature
52%
Brand Loyal
4%
Customers Response
[24]
Pie-Chart and Analysis
Sample size =50
Attributes of buying IFB Washing Machine
Out of 50 samples size 25 Customers buy due to Best Feature,
18 Customers due to Best Quality, and 5 Customers is Brand
loyal and 2 Customers can’t say.
Inference
Most of the customers take decision on the basis of feature,
also customers believes on quality and some are brand loyal.
Best Feature
52%
[25]
Pie-Chart and Analysis
Sample size =50
What percent consumer use only washing and washing
machine + Microwave oven
Out of 50 samples size 72% Customers use single product and
28% Customers use two products (In 28% customers 24%
customers use IFB washing machine, microwave oven and 4%
IFB washing machine, other microwave oven).
Inference
Due to best quality 24% consumer use IFB washing machine
and microwave oven.
Washing
machine + IFB
Microwave
oven
24%
Customers Response
[25]
Pie-Chart and Analysis
Sample size =50
What percent consumer use only washing and washing
machine + Microwave oven
Out of 50 samples size 72% Customers use single product and
28% Customers use two products (In 28% customers 24%
customers use IFB washing machine, microwave oven and 4%
IFB washing machine, other microwave oven).
Inference
Due to best quality 24% consumer use IFB washing machine
and microwave oven.
Only washing
machine
72%
Washing
machine +
Other
Microwave
oven
4%
Customers Response
[25]
Pie-Chart and Analysis
Sample size =50
What percent consumer use only washing and washing
machine + Microwave oven
Out of 50 samples size 72% Customers use single product and
28% Customers use two products (In 28% customers 24%
customers use IFB washing machine, microwave oven and 4%
IFB washing machine, other microwave oven).
Inference
Due to best quality 24% consumer use IFB washing machine
and microwave oven.
Only washing
machine
72%
[26]
Pie-Chart and Analysis
Sample size =50
Other company’s products available at dealer place
Out of 50 samples size LG available at 50% dealer, Samsung
at 26% dealer, whirlpool at 16%dealer, Videocon at 8% dealer.
Inference
Demand of LG is very good in market so dealers want to keep
more LG product other than Samsung, whirlpool, Videocon.
Samsung
26%
whirlpool
16%
Videocon
8%
Customers Response
[26]
Pie-Chart and Analysis
Sample size =50
Other company’s products available at dealer place
Out of 50 samples size LG available at 50% dealer, Samsung
at 26% dealer, whirlpool at 16%dealer, Videocon at 8% dealer.
Inference
Demand of LG is very good in market so dealers want to keep
more LG product other than Samsung, whirlpool, Videocon.
LG
50%
Videocon
8%
Customers Response
[26]
Pie-Chart and Analysis
Sample size =50
Other company’s products available at dealer place
Out of 50 samples size LG available at 50% dealer, Samsung
at 26% dealer, whirlpool at 16%dealer, Videocon at 8% dealer.
Inference
Demand of LG is very good in market so dealers want to keep
more LG product other than Samsung, whirlpool, Videocon.
LG
50%
[27]
Pie-Chart and Analysis
Sample size =50
Mode of purchasing while buying new washing machine
Out of 50 samples size 90% customer purchase through dealer
10% customer through internet.
Inference
45 Customers purchase through dealers so IFB should
increase their number of dealer to increase availability of IFB
product.
Dealer
90%
Customers Response
[27]
Pie-Chart and Analysis
Sample size =50
Mode of purchasing while buying new washing machine
Out of 50 samples size 90% customer purchase through dealer
10% customer through internet.
Inference
45 Customers purchase through dealers so IFB should
increase their number of dealer to increase availability of IFB
product.
Internet
10%
Dealer
90%
Customers Response
[27]
Pie-Chart and Analysis
Sample size =50
Mode of purchasing while buying new washing machine
Out of 50 samples size 90% customer purchase through dealer
10% customer through internet.
Inference
45 Customers purchase through dealers so IFB should
increase their number of dealer to increase availability of IFB
product.
[28]
Response of 30 Customers through personal interviews
(for Washing machine)
Cust
ome
r
Phone
No.
Which
brand
(washi
ng
machi
ne) do
you
want
to
use?
Which
attribu
tes do
you
look
for
purcha
sing
washi
ng
machi
ne?
Which
colour
s of
washi
ng
machi
ne do
you
prefer
most?
Which
type
of
Washi
ng
Machi
ne do
you
like to
use?
Which
attribu
tes
Influe
nce
your
purcha
sing
decisi
on for
washi
ng
machi
ne?
Are you
aware
about
Fully
Automati
c Top
Loader/
Front
Loader
IFB
washing
machine?
How do
you
take
purchas
e
decision
while
purchasi
ng
washing
machin
e?
To
what
extent
warrant
y period
and
other
sales
services
effect
your
purchas
e
decision
?
Which
mode of
purchasin
g would
you like
to adopt
to buy
new
washing
machine?
Wh
o is
the
dec
isio
n
ma
ker
to
buy
wa
shi
ng
ma
chi
ne?
W
h
o
is
us
er
of
w
as
hi
n
g
m
ac
hi
n
e
in
y
o
ur
fa
m
il
y?
1 Md
Firoz
98358894
66
IFB Qualit
y
Silver Top
Loadin
g
Steam
Wash
Yes Own
Decision
Very
Much
From
Dealer
Self W
if
e
2 Sant
os
Kum
ar
93044557
05
LG Featur
e
Silver Top
Loadin
g
Steam
Wash
Yes Own
Decision
Very
Much
From
Dealer
Wif
e
W
if
e
3 Md
Jawe
d
94723689
48
Whirlp
ool
Qualit
y
Red Top
Loadin
g
Steam
Wash
No Peer
Suggesti
on
Very
Much
Exclusive
Showroo
m
Wif
e
W
if
e
4 Ram
esh
NA LG Brand White Top
Loadin
g
Steam
Wash
No Own
Decision
Very
Much
Exclusive
Showroo
m
Self W
if
e
5 Rajn
esh
Kum
97988970
80
LG Featur
e
White Front
Loadin
g
Steam
Wash
No Peer
Suggesti
on
Doesn't
Matter
Exclusive
Showroo
m
Wif
e
Al
l
fa
[29]
ar m
ily
6 Neer
aj
98356999
79
Whirlp
ool
Qualit
y
White Semi
Autom
atic
3D
wash
Syste
m
No Brand
Awaren
ess
Doesn't
Matter
From
Dealer
Self S
el
f
7 Vino
d
Kum
ar
94312130
77
Videoc
on
Featur
e
Silver Top
Loadin
g
Air
Bubble
Wash
No Own
Decision
Doesn't
Matter
Exclusive
Showroo
m
Wif
e
W
if
e
8 P
Sinh
a
95348538
96
Samsu
ng
Qualit
y
White Top
Loadin
g
Steam
Wash
No Brand
Awaren
ess
Till
Some
Extent
Exclusive
Showroo
m
Self W
if
e
9 Jiten
dra
93083340
68
Whirlp
ool
Featur
e
White Semi
Autom
atic
Steam
Wash
Yes Own
Decision
Very
Much
Exclusive
Showroo
m
Self W
if
e
11 Sujat
a
97717298
60
LG Qualit
y
White Front
Loadin
g
Foam
Contro
l
Yes Own
Decision
Till
Some
Extent
From
Dealer
Self S
el
f
12 Miss
Ver
ma
93862805
20
IFB Featur
e
White Front
Loadin
g
Steam
Wash
Yes Peer
Suggesti
on
Till
Some
Extent
From
Dealer
Self S
el
f
13 Raje
ew
Ranj
an
98352683
41
IFB Qualit
y
Silver Front
Loadin
g
Air
Bubble
Wash
No Peer
Suggesti
on
Very
Much
Exclusive
Showroo
m
Wif
e
W
if
e
14 Rajes
h
Ranj
an
99058008
98
IFB Brand Silver Front
Loadin
g
Air
Bubble
Wash
Yes Own
Decision
Very
Much
Exclusive
Showroo
m
Self W
if
e
15 Smit
Kum
ar
NA Samsu
ng
Brand Red Top
Loadin
g
Air
Bubble
Wash
No Own
Decision
Very
Much
From
Dealer
Self W
if
e
16 Ravi 0612-
2267007
LG Qualit
y
White Front
Loadin
g
Steam
Wash
Yes Peer
Suggesti
on
Till
Some
Extent
Exclusive
Showroo
m
Wif
e
W
if
e
17 Amit 99875478
76
Samsu
ng
Featur
e
Silver Front
Loadin
g
Air
Bubble
Wash
Yes Brand
Loyalty
Doesn't
Matter
Exclusive
Showroo
m
Self W
if
e
18 Bhup
endr
a
Kum
ar
99053622
89
LG Qualit
y
Red Top
Loadin
g
Steam
Wash
No Own
Decision
Very
Much
Internet Wif
e
W
if
e
19 Nitin
Kum
ar
93046939
59
Whirlp
ool
Brand Red Semi
Autom
atic
Steam
Wash
No Own
Decision
Very
Much
Exclusive
Showroo
m
Wif
e
W
if
e
20 Jinat 92347910
92
LG Brand Silver Top
Loadin
g
3D
wash
Syste
No Own
Decision
Very
Much
Exclusive
Showroo
m
Self D
a
u
[30]
m g
ht
er
21 Sarit
a
96084788
75
Samsu
ng
Qualit
y
White Front
Loadin
g
Steam
Wash
Yes Brand
Awaren
ess
Till
Some
Extent
Internet Mo
the
r
S
el
f
22 Rohit
Kum
ar
93084572
14
LG Featur
e
White Top
Loadin
g
Air
Bubble
Wash
Yes Own
Decision
Till
Some
Extent
Exclusive
Showroo
m
Self S
el
f
23 Shuv
am
Kum
ari
93085138
79
IFB Featur
e
Silver Front
Loadin
g
3D
wash
Syste
m
No Own
Decision
Very
Much
Exclusive
Showroo
m
Mo
the
r
S
el
f
24 Sure
sh
Kum
ar
93043057
58
Whirlp
ool
Qualit
y
Silver Top
Loadin
g
Steam
Wash
No Peer
Suggesti
on
Very
Much
Exclusive
Showroo
m
Self S
el
f
25 Shel
endr
a
Kum
ar
93344889
95
Whirlp
ool
Featur
e
Silver Front
Loadin
g
Steam
Wash
Yes Brand
Loyalty
Very
Much
Exclusive
Showroo
m
Wif
e
W
if
e
26 Anita
Devi
85440664
06
LG Qualit
y
White Top
Loadin
g
Steam
Wash
No Peer
Suggesti
on
Very
Much
From
Dealer
Wif
e
W
if
e
27 Arvin
d
Kum
ar
98354052
87
Samsu
ng
Brand Silver Top
Loadin
g
Steam
Wash
No Own
Decision
Till
Some
Extent
From
Dealer
Self S
el
f
28 Fath
er
LG Brand Silver Top
Loadin
g
Air
Bubble
Wash
Yes Own
Decision
Very
Much
Exclusive
Showroo
m
Wif
e
D
a
u
g
ht
er
29 Ajay
Kum
ar
98356676
11
LG Qualit
y
Silver Top
Loadin
g
Air
Bubble
Wash
Yes Peer
Suggesti
on
Till
Some
Extent
From
Dealer
Self W
if
e
30 Dene
sh
Kum
ar
93348159
09
Samsu
ng
Brand White Top
Loadin
g
Steam
Wash
No Peer
Suggesti
on
Till
Some
Extent
Exclusive
Showroo
m
Self W
if
e
[31]
Data Analysis & Interpretation
Consumer pre purchase Behaviour Survey
How people take decision to purchase Washing Machine?
Pie-Chart and Analysis
Sample size =30
Customer’s preference of brand
Out of 30 respondents 36% have shown interest in purchasing
Washing machine of LG, 20% of Samsung, 20% of Whirlpool,
17% of IFB and rest 7% of Videocon.
Inference
Most of the people are aware about LG, Samsung, and
Whirlpool and Customers are less aware about IFB and others.
20%
17%
7%
[31]
Data Analysis & Interpretation
Consumer pre purchase Behaviour Survey
How people take decision to purchase Washing Machine?
Pie-Chart and Analysis
Sample size =30
Customer’s preference of brand
Out of 30 respondents 36% have shown interest in purchasing
Washing machine of LG, 20% of Samsung, 20% of Whirlpool,
17% of IFB and rest 7% of Videocon.
Inference
Most of the people are aware about LG, Samsung, and
Whirlpool and Customers are less aware about IFB and others.
36%
20%
7%
Customers Response
[31]
Data Analysis & Interpretation
Consumer pre purchase Behaviour Survey
How people take decision to purchase Washing Machine?
Pie-Chart and Analysis
Sample size =30
Customer’s preference of brand
Out of 30 respondents 36% have shown interest in purchasing
Washing machine of LG, 20% of Samsung, 20% of Whirlpool,
17% of IFB and rest 7% of Videocon.
Inference
Most of the people are aware about LG, Samsung, and
Whirlpool and Customers are less aware about IFB and others.
LG
Samsung
Whirlpool
IFB
Videocon
[32]
Pie-Chart and Analysis
Sample size =30
Desired attributes while buying washing machine
While buying a washing machine 10 customers go for Quality,
8 customers go for Feature, 7 Customer go for Brand, and rest
5 go for price.
Inference
While purchasing washing machine most of customers look for
Quality then they think about feature, brand and price.
33%
17%
Customers Response
[32]
Pie-Chart and Analysis
Sample size =30
Desired attributes while buying washing machine
While buying a washing machine 10 customers go for Quality,
8 customers go for Feature, 7 Customer go for Brand, and rest
5 go for price.
Inference
While purchasing washing machine most of customers look for
Quality then they think about feature, brand and price.
23%
27%
17%
Customers Response
Brand
Feature
Quality
Price
[32]
Pie-Chart and Analysis
Sample size =30
Desired attributes while buying washing machine
While buying a washing machine 10 customers go for Quality,
8 customers go for Feature, 7 Customer go for Brand, and rest
5 go for price.
Inference
While purchasing washing machine most of customers look for
Quality then they think about feature, brand and price.
Brand
Feature
Quality
Price
[33]
Pie-Chart and Analysis
Sample size =30
Customer’s preference of colour
Out of 30 respondents 12 customers prefer white colour, 11
prefer silver colour, 4 white and rest prefer gray colour.
Inference
White and Silver colours are most preferable colour among
customers. Red and gray is liked by less no of customers.
40%
37%
13%
10%
Customers Response
White
Siver
Red
Gray
[34]
Pie-Chart and Analysis
Sample size =30
Type of washing machine prefer to use
Inference
Top loader washing machine is liked by most of the customers
because it is more convenient in use and less no of customers
liked front loader and semi automatic.
10%
37%
Customers Response
[34]
Pie-Chart and Analysis
Sample size =30
Type of washing machine prefer to use
Inference
Top loader washing machine is liked by most of the customers
because it is more convenient in use and less no of customers
liked front loader and semi automatic.
53%
Customers Response
Top Loader
Semi Autometic
Front Loader
[34]
Pie-Chart and Analysis
Sample size =30
Type of washing machine prefer to use
Inference
Top loader washing machine is liked by most of the customers
because it is more convenient in use and less no of customers
liked front loader and semi automatic.
Top Loader
Semi Autometic
Front Loader
[35]
Pie-Chart and Analysis
Sample size =30
Attributes which influence purchase decision
Here stem wash is most preferable attributes which influence
18 customers purchase decision then air bubble wash influence
8 customer decisions after that 3D wash and foam control
influence purchase decision.
Inference
Most of customers want to have steam wash feature because
Baby cloths, kitchen cloths and stub dirt carrying cloths can be
easily washed by steam wash feature, Customers also liked air
bubble wash but 3D wash is liked by very less customers.
27%
10%
3%
Customers Presponse
[35]
Pie-Chart and Analysis
Sample size =30
Attributes which influence purchase decision
Here stem wash is most preferable attributes which influence
18 customers purchase decision then air bubble wash influence
8 customer decisions after that 3D wash and foam control
influence purchase decision.
Inference
Most of customers want to have steam wash feature because
Baby cloths, kitchen cloths and stub dirt carrying cloths can be
easily washed by steam wash feature, Customers also liked air
bubble wash but 3D wash is liked by very less customers.
60%
3%
Customers Presponse
Steam Wash
Air Bubble
3D Wash
Foam Control
[35]
Pie-Chart and Analysis
Sample size =30
Attributes which influence purchase decision
Here stem wash is most preferable attributes which influence
18 customers purchase decision then air bubble wash influence
8 customer decisions after that 3D wash and foam control
influence purchase decision.
Inference
Most of customers want to have steam wash feature because
Baby cloths, kitchen cloths and stub dirt carrying cloths can be
easily washed by steam wash feature, Customers also liked air
bubble wash but 3D wash is liked by very less customers.
Steam Wash
Air Bubble
3D Wash
Foam Control
[36]
Pie-Chart and Analysis
Sample size =30
Awareness about fully automatic top loader/front loader IFB
washing machine
Out of 30 respondents 16 customers are aware about IFB fully
automatic washing machine and 14 customers are not aware.
Inference
More than 50% customers are aware about IFB washing
machine, large numbers of customers who want to buy washing
machine, they don’t know about IFB, so IFB needs to increase
product awareness.
47%
Customers Response
[36]
Pie-Chart and Analysis
Sample size =30
Awareness about fully automatic top loader/front loader IFB
washing machine
Out of 30 respondents 16 customers are aware about IFB fully
automatic washing machine and 14 customers are not aware.
Inference
More than 50% customers are aware about IFB washing
machine, large numbers of customers who want to buy washing
machine, they don’t know about IFB, so IFB needs to increase
product awareness.
53%
Customers Response
[36]
Pie-Chart and Analysis
Sample size =30
Awareness about fully automatic top loader/front loader IFB
washing machine
Out of 30 respondents 16 customers are aware about IFB fully
automatic washing machine and 14 customers are not aware.
Inference
More than 50% customers are aware about IFB washing
machine, large numbers of customers who want to buy washing
machine, they don’t know about IFB, so IFB needs to increase
product awareness.
53%
Yes
No
[37]
Pie-Chart and Analysis
Sample size =30
Buying decision while purchasing washing machine
Out of 30 respondents 15 customers Purchase through own
decision, 9 through peer suggestion, 3 due to brand awareness
and rest 3 due to brand loyalty.
Inference
More than 50% customers take self decision, large number of
customer believes on word of mouth and some believes in the
brand name.
Peer Suggestion
31%
Brand
Awarnees
10%
Brand Lotalty
7%
Customer Response
[37]
Pie-Chart and Analysis
Sample size =30
Buying decision while purchasing washing machine
Out of 30 respondents 15 customers Purchase through own
decision, 9 through peer suggestion, 3 due to brand awareness
and rest 3 due to brand loyalty.
Inference
More than 50% customers take self decision, large number of
customer believes on word of mouth and some believes in the
brand name.
Own Decision
52%
Brand Lotalty
7%
Customer Response
[37]
Pie-Chart and Analysis
Sample size =30
Buying decision while purchasing washing machine
Out of 30 respondents 15 customers Purchase through own
decision, 9 through peer suggestion, 3 due to brand awareness
and rest 3 due to brand loyalty.
Inference
More than 50% customers take self decision, large number of
customer believes on word of mouth and some believes in the
brand name.
Own Decision
52%
[38]
Pie-Chart and Analysis
Sample size =30
Place of purchasing
Here 15 customers’ wants to purchase to washing machine
through exclusive showroom, 10 customer through dealer and
3 through internet and rest 2 customers want through retailer
Inference
50% customers wanted to purchase from exclusive showroom
because there is more options for selecting a product, some
wanted to purchase from dealers’ point because Dealers might
provide in less price, and some liked to buy from retailer and on
net.
33%
10%
7%
[38]
Pie-Chart and Analysis
Sample size =30
Place of purchasing
Here 15 customers’ wants to purchase to washing machine
through exclusive showroom, 10 customer through dealer and
3 through internet and rest 2 customers want through retailer
Inference
50% customers wanted to purchase from exclusive showroom
because there is more options for selecting a product, some
wanted to purchase from dealers’ point because Dealers might
provide in less price, and some liked to buy from retailer and on
net.
50%
7%
Customers Response
Exclucive Showroom
From Dealer
Internet
Retailer
[38]
Pie-Chart and Analysis
Sample size =30
Place of purchasing
Here 15 customers’ wants to purchase to washing machine
through exclusive showroom, 10 customer through dealer and
3 through internet and rest 2 customers want through retailer
Inference
50% customers wanted to purchase from exclusive showroom
because there is more options for selecting a product, some
wanted to purchase from dealers’ point because Dealers might
provide in less price, and some liked to buy from retailer and on
net.
Exclucive Showroom
From Dealer
Internet
Retailer
[39]
Pie-Chart and Analysis
Sample size =30
How warranty period affect sales of washing machine
While purchasing washing machine 17 customer says warranty
period affect very much, 9 customer says till some extant and 4
customer says warranty period doesn’t matter for me.
Inference
Most of customers believe in warranty because maintenance
cost is very costly, some believe in warranty for some extent
and some think it does not matter.
30%
13%
[39]
Pie-Chart and Analysis
Sample size =30
How warranty period affect sales of washing machine
While purchasing washing machine 17 customer says warranty
period affect very much, 9 customer says till some extant and 4
customer says warranty period doesn’t matter for me.
Inference
Most of customers believe in warranty because maintenance
cost is very costly, some believe in warranty for some extent
and some think it does not matter.
57%
13%
Customers Response
Very Much
Till Some Extent
Doesn't Matter
[39]
Pie-Chart and Analysis
Sample size =30
How warranty period affect sales of washing machine
While purchasing washing machine 17 customer says warranty
period affect very much, 9 customer says till some extant and 4
customer says warranty period doesn’t matter for me.
Inference
Most of customers believe in warranty because maintenance
cost is very costly, some believe in warranty for some extent
and some think it does not matter.
Very Much
Till Some Extent
Doesn't Matter
[40]
Pie-Chart and Analysis
Sample size =30
Decision maker to buy washing machine
While purchasing washing machine 16 customers take decision
through self, 12 customers take decision through wife and 3
customers take purchase decision through mother.
Inference
At the time of purchasing more than 50% customers take self
decision, 40% customers’ decision is affected by wife and in
some cases mother takes decision.
40%
7%
Customers Response
[40]
Pie-Chart and Analysis
Sample size =30
Decision maker to buy washing machine
While purchasing washing machine 16 customers take decision
through self, 12 customers take decision through wife and 3
customers take purchase decision through mother.
Inference
At the time of purchasing more than 50% customers take self
decision, 40% customers’ decision is affected by wife and in
some cases mother takes decision.
53%
7%
Customers Response
[40]
Pie-Chart and Analysis
Sample size =30
Decision maker to buy washing machine
While purchasing washing machine 16 customers take decision
through self, 12 customers take decision through wife and 3
customers take purchase decision through mother.
Inference
At the time of purchasing more than 50% customers take self
decision, 40% customers’ decision is affected by wife and in
some cases mother takes decision.
Self
Wife
Mother
[41]
Pie-Chart and Analysis
Sample size =30
User of washing machine
Inference
It has observed that in 60% cases wife is user, 27% of
customers liked to use it by self, in some cases it is used by
daughter and other family members.
27%
6%
7%
Customers Response
[41]
Pie-Chart and Analysis
Sample size =30
User of washing machine
Inference
It has observed that in 60% cases wife is user, 27% of
customers liked to use it by self, in some cases it is used by
daughter and other family members.
60%
7%
Customers Response
[41]
Pie-Chart and Analysis
Sample size =30
User of washing machine
Inference
It has observed that in 60% cases wife is user, 27% of
customers liked to use it by self, in some cases it is used by
daughter and other family members.
Wife
Self
Daughter
All Family
[42]
Response of 30 Customers through personal interviews
(Microwave Oven)
S.N
o
Cust
omer
Phon
e No. Whic
h
bran
d
(Micr
owa
ve
oven
) do
you
want
to
use?
Which
attribut
es do
you look
for
purchasi
ng
washing
machine
?
Which
colour
s of
washi
ng
machi
ne do
you
prefer
most?
Whic
h
type
of
Was
hing
Mac
hine
do
you
like
to
use?
Which
attribu
tes
Influe
nce
your
purcha
sing
decisi
on for
washi
ng
machi
ne?
Are you
aware
about
Fully
Automa
tic Top
Loader/
Front
Loader
IFB
washing
machin
e?
How do
you take
purchase
decision
while
purchasin
g washing
machine?
To what
extent
warranty
period
and other
sales
services
effect
your
purchase
decision?
Which
mode of
purchasi
ng
would
you like
to
adopt
to buy
new
washing
machin
e?
Who is
the
decision
maker to
buy
washing
machine?
Wh
use
was
ng
mac
ne
you
fam
?
1 Jinat 9234
7910
92
Godr
ej
Brand Silver Conv
ectio
n
Health
y
Cookin
g
No Brand
Awarenes
s
Very
Much
Exclusiv
e
Showro
om
Self Wif
2 Sarit
a
9608
4788
75
Sams
ung
Qualit
y
Black Conv
ectio
n
Cooke
ry
classes
No Own
Decision
Very
Much
Exclusiv
e
Showro
om
Mother Wif
3 Rohit
Kum
ar
9308
4572
14
LG Featur
e
Black Grill Health
y
Cookin
g
Yes Peer
Suggestio
n
Very
Much
Internet Self Self
4 Arvin
d
Kum
ar
9835
4052
87
Sams
ung
Brand Silver Conv
ectio
n
Cooke
ry
classes
No Own
Decision
Doesn't
Matter
From
Dealer
Self Self
5 Ram
Kisho
r
9128
2617
80
IFB featur
e
Silver Conv
ectio
n
Start-
Up Kit
No Own
Decision
Very
Much
Exclusiv
e
Showro
om
Self Self
6 Ume
sh
Shar
ma
9839
7769
66
IFB Qualit
y
Black Conv
ectio
n
Start-
Up Kit
No Own
Decision
Very
Much
Exclusiv
e
Showro
om
Self Self
7 Kum
ar
9631
2164
Sams
ung
Qualit
y
Black Conv
ectio
Health
y
Yes Brand
Awarenes
Till Some
Extent
Exclusiv
e
Wife Self
[43]
Vivek 94 n Cookin
g
s Showro
om
8 Pram
od
Kum
ar
9334
2017
02
Whirl
pool
Featur
e
Black Grill More
Auto
Cook
Menu
Yes Peer
Suggestio
n
Very
Much
Exclusiv
e
Showro
om
Wife Wif
9 Arch
na
9430
9548
14
LG Qualit
y
Red Grill Health
y
Cookin
g
No Own
Decision
Very
Much
From
Dealer
Self Self
10 Hrish 9128
2617
80
Godr
ej
Featur
e
Black Solo Start-
Up Kit
No Own
Decision
Doesn't
Matter
From
Dealer
Wife Wif
11 Shuv
am
Kum
ari
9308
5138
79
IFB Qualit
y
Silver Grill Cooke
ry
classes
No Own
Decision
Very
Much
Exclusiv
e
Showro
om
Self Wif
12 Sures
h
Kum
ar
9304
3057
58
Godr
ej
Brand Silver Conv
ectio
n
Cooke
ry
classes
No Peer
Suggestio
n
Very
Much
Exclusiv
e
Showro
om
Wife Self
13 Shele
ndra
Kum
ar
9334
4889
95
Sams
ung
Brand Red Solo Health
y
Cookin
g
Yes Own
Decision
Very
Much
From
Dealer
Self Wif
14 Miss
Verm
a
9386
2805
20
LG Qualit
y
Black Conv
ectio
n
Start-
Up Kit
Yes Own
Decision
Till Some
Extent
Exclusiv
e
Showro
om
Self Wif
15 Raje
ew
Ranj
an
9835
2683
41
Sams
ung
Featur
e
Silver Conv
ectio
n
More
Auto
Cook
Menu
Yes Brand
Loyalty
Till Some
Extent
Exclusiv
e
Showro
om
Wife Self
16 Rajes
h
Ranj
an
9905
8008
98
LG Qualit
y
Red Grill Start-
Up Kit
No Own
Decision
Very
Much
Internet Wife Self
17 Smit
Kum
ar
9128
2617
81
Whirl
pool
Brand Red Conv
ectio
n
Cooke
ry
classes
Yes Peer
Suggestio
n
Very
Much
Exclusiv
e
Showro
om
Self Wif
18 Ravi 0612
-
2267
007
LG Brand Silver Conv
ectio
n
Health
y
Cookin
g
No Peer
Suggestio
n
Very
Much
Exclusiv
e
Showro
om
Wife Self
19 Amit 9987
5478
76
Sams
ung
Qualit
y
Black Grill Cooke
ry
classes
No Brand
Awarenes
s
Till Some
Extent
Internet Self Self
20 Bhup 9905 Godr Featur Black Conv Start- Yes Brand Till Some Exclusiv Mother Dau
[44]
endr
a
Kum
ar
3622
89
ej e ectio
n
Up Kit Loyalty Extent e
Showro
om
ter
21 Nitin
Kum
ar
9304
6939
59
IFB Featur
e
Silver Grill Start-
Up Kit
No Own
Decision
Very
Much
Exclusiv
e
Showro
om
Wife Self
22 Saroj 8002
9505
09
Whirl
pool
Qualit
y
Black Grill Cooke
ry
classes
No Own
Decision
Very
Much
Exclusiv
e
Showro
om
Self Self
23 Navi
n
Kum
ar
9931
0744
58
Godr
ej
Featur
e
Black Conv
ectio
n
More
Auto
Cook
Menu
No Peer
Suggestio
n
Very
Much
Exclusiv
e
Showro
om
Self Dau
ter
24 Bipin
Kum
ar
9693
9533
97
LG Qualit
y
Black Conv
ectio
n
More
Auto
Cook
Menu
No Own
Decision
Till Some
Extent
From
Dealer
Wife Wif
25 Dr.
Afroj
Ahm
ad
9304
0357
26
Sams
ung
Brand Silver Grill Start-
Up Kit
Yes Peer
Suggestio
n
Till Some
Extent
From
Dealer
Wife Self
26 Rajes
h
9334
1356
00
LG Brand Red Conv
ectio
n
Health
y
Cookin
g
No Peer
Suggestio
n
Very
Much
Exclusiv
e
Showro
om
Wife Dau
ter
27 Sanja
y
Kum
ar
9304
9910
07
LG Qualit
y
Silver Solo Start-
Up Kit
Yes Own
Decision
Very
Much
From
Dealer
Self Wif
28 Rake
sh
kisho
r
Shar
ma
9234
2299
72
Godr
ej
Brand Black Grill Cooke
ry
classes
No Brand
Loyalty
Very
Much
Exclusiv
e
Showro
om
Self Self
29 Om
Prak
esh
Shar
ma
9431
0117
04
Sams
ung
Qualit
y
Black Conv
ectio
n
Start-
Up Kit
Yes Peer
Suggestio
n
Till Some
Extent
From
Dealer
Wife Self
30 J.P
Agrw
al
9304
0877
31
LG Brand Silver Conv
ectio
n
More
Auto
Cook
Menu
No Own
Decision
Very
Much
From
Dealer
Wife Wif
[45]
Data Analysis & Interpretation
Consumer pre purchase Behaviour Survey
How people take decision to purchase Microwave Oven?
Pie-Chart and Analysis
Sample size =30
Customer’s preference of brand
Out of 30 respondents 9 have shown interest in purchasing
Washing machine of LG, 6 of Samsung, 6 of Whirlpool, 7 of IFB
and rest 2 of Videocon.
Inference
Most of the people liked LG, Samsung is liked by less number
of customers, IFB and Whirlpool has same awareness and
Godrej is least preferred brand.
30%
23%17%
17%
13%
Customers Response
LG
Samsung
Whirlpool
IFB
Godraj
[46]
Pie-Chart and Analysis
Sample size =30
Desired attributes while buying microwave oven
While buying a washing machine 10 customers go for Quality,
9 customers go for Feature, 7 Customers go for Brand, and rest
4 go for price.
Inference
At the time of buying MWO, brand and quality are important
factors to influence purchase decision and after that customers
think about feature and price.
33%
13%
Customers Response
[46]
Pie-Chart and Analysis
Sample size =30
Desired attributes while buying microwave oven
While buying a washing machine 10 customers go for Quality,
9 customers go for Feature, 7 Customers go for Brand, and rest
4 go for price.
Inference
At the time of buying MWO, brand and quality are important
factors to influence purchase decision and after that customers
think about feature and price.
34%
20%
13%
Customers Response
[46]
Pie-Chart and Analysis
Sample size =30
Desired attributes while buying microwave oven
While buying a washing machine 10 customers go for Quality,
9 customers go for Feature, 7 Customers go for Brand, and rest
4 go for price.
Inference
At the time of buying MWO, brand and quality are important
factors to influence purchase decision and after that customers
think about feature and price.
Brand
Feature
Quality
Price
[47]
Pie-Chart and Analysis
Sample size =30
Customers’ preference of colour
Out of 30 respondents 12 customers prefer white colour, 11
prefer silver colour, 7 white and rest prefer gray colour.
Inference
Black and Silver colours are most preferable among customers.
33%
13%
Customers Response
[47]
Pie-Chart and Analysis
Sample size =30
Customers’ preference of colour
Out of 30 respondents 12 customers prefer white colour, 11
prefer silver colour, 7 white and rest prefer gray colour.
Inference
Black and Silver colours are most preferable among customers.
47%
7%
Customers Response
[47]
Pie-Chart and Analysis
Sample size =30
Customers’ preference of colour
Out of 30 respondents 12 customers prefer white colour, 11
prefer silver colour, 7 white and rest prefer gray colour.
Inference
Black and Silver colours are most preferable among customers.
Black
Siver
Red
Gray
[48]
Pie-Chart and Analysis
Sample size =30
Type of Microwave Oven prefer to use
From this pie chart we can interpret that 16 customers want to
purchase Convection Microwave Oven, 9 want Grill, 4 want
solo and only 1 customers like solar Dum.
Inference
Most of the customers want to use convection microwave oven
because convection model carries all three functions (solo, grill,
convection) Many customers don’t know about solar Dum,
Customers’ second choice is grill and Solo model is liked by
fewer customers.
31%
13%
[48]
Pie-Chart and Analysis
Sample size =30
Type of Microwave Oven prefer to use
From this pie chart we can interpret that 16 customers want to
purchase Convection Microwave Oven, 9 want Grill, 4 want
solo and only 1 customers like solar Dum.
Inference
Most of the customers want to use convection microwave oven
because convection model carries all three functions (solo, grill,
convection) Many customers don’t know about solar Dum,
Customers’ second choice is grill and Solo model is liked by
fewer customers.
53%
13%
3%
Customers Response
Covection
Grill
Solo
Solar Dum
[48]
Pie-Chart and Analysis
Sample size =30
Type of Microwave Oven prefer to use
From this pie chart we can interpret that 16 customers want to
purchase Convection Microwave Oven, 9 want Grill, 4 want
solo and only 1 customers like solar Dum.
Inference
Most of the customers want to use convection microwave oven
because convection model carries all three functions (solo, grill,
convection) Many customers don’t know about solar Dum,
Customers’ second choice is grill and Solo model is liked by
fewer customers.
Covection
Grill
Solo
Solar Dum
[49]
Pie-Chart and Analysis
Sample size =30
Attributes which influence your purchasing decision
Here 9 customers want start-Up Kit, 8 customers want cookery
classes, 7 customers wants healthy cooking, And rest 6
customers wants more Autocook menu in microwave Oven.
Inference
Most of the customers wanted to have more accessories with
starter Kit because it helps in cooking of different menu, some
needed cookery classes and some needed healthy cooking
feature and some needed more auto cook menu.
17%
31%
Customers Response
[49]
Pie-Chart and Analysis
Sample size =30
Attributes which influence your purchasing decision
Here 9 customers want start-Up Kit, 8 customers want cookery
classes, 7 customers wants healthy cooking, And rest 6
customers wants more Autocook menu in microwave Oven.
Inference
Most of the customers wanted to have more accessories with
starter Kit because it helps in cooking of different menu, some
needed cookery classes and some needed healthy cooking
feature and some needed more auto cook menu.
28%
24%
Customers Response
Cookery Classes
Healthy cooking
More Autocook Menu
Start-Up Kit
[49]
Pie-Chart and Analysis
Sample size =30
Attributes which influence your purchasing decision
Here 9 customers want start-Up Kit, 8 customers want cookery
classes, 7 customers wants healthy cooking, And rest 6
customers wants more Autocook menu in microwave Oven.
Inference
Most of the customers wanted to have more accessories with
starter Kit because it helps in cooking of different menu, some
needed cookery classes and some needed healthy cooking
feature and some needed more auto cook menu.
Cookery Classes
Healthy cooking
More Autocook Menu
Start-Up Kit
[50]
Pie-Chart and Analysis
Sample size =30
Awareness about IFB Microwave Oven
Out of 30 respondents 10 customers are aware about IFB
microwave Oven and 20 customers are not aware.
Inference
Awareness of IFB MWO is less so we need to spread the
brand awareness of MWO.
67%
Customers Response
[50]
Pie-Chart and Analysis
Sample size =30
Awareness about IFB Microwave Oven
Out of 30 respondents 10 customers are aware about IFB
microwave Oven and 20 customers are not aware.
Inference
Awareness of IFB MWO is less so we need to spread the
brand awareness of MWO.
33%
Customers Response
[50]
Pie-Chart and Analysis
Sample size =30
Awareness about IFB Microwave Oven
Out of 30 respondents 10 customers are aware about IFB
microwave Oven and 20 customers are not aware.
Inference
Awareness of IFB MWO is less so we need to spread the
brand awareness of MWO.
Yes
No
[51]
Pie-Chart and Analysis
Sample size =30
How customer take purchase decision while purchasing
Microwave Oven
Out of 30 respondents 15 customers Purchase through own
decision, 9 through peer suggestion, 3 due to brand awareness
and rest 3 due to brand loyalty.
Inference
While purchasing MWO, most of customer’s trusts on self
decision and some cosumers believe on peers suggestion.
31%
11%
10%
[51]
Pie-Chart and Analysis
Sample size =30
How customer take purchase decision while purchasing
Microwave Oven
Out of 30 respondents 15 customers Purchase through own
decision, 9 through peer suggestion, 3 due to brand awareness
and rest 3 due to brand loyalty.
Inference
While purchasing MWO, most of customer’s trusts on self
decision and some cosumers believe on peers suggestion.
48%
10%
Customers Response
Own Decision
Peer Suggestion
Brand Awarnees
Brand Lotalty
[51]
Pie-Chart and Analysis
Sample size =30
How customer take purchase decision while purchasing
Microwave Oven
Out of 30 respondents 15 customers Purchase through own
decision, 9 through peer suggestion, 3 due to brand awareness
and rest 3 due to brand loyalty.
Inference
While purchasing MWO, most of customer’s trusts on self
decision and some cosumers believe on peers suggestion.
Own Decision
Peer Suggestion
Brand Awarnees
Brand Lotalty
[52]
Pie-Chart and Analysis
Sample size =30
Mode of purchasing Microwave Oven
Out of 30 respondents 15 customers wants to purchase
microwave Oven through exclusive showroom, 8 customers
through dealer, and 2 through internet and rest 5 customers
want through retailer
Inference
Most of customers wanted to purchase from exclusive
showroom because there is more options for selecting a
product also Customers trust more on showroom, some wanted
to purchase from dealers’ point because dealers might provide
in less price and some liked to buy from retailer and on net.
31%
10%
7%
Customers Response
[52]
Pie-Chart and Analysis
Sample size =30
Mode of purchasing Microwave Oven
Out of 30 respondents 15 customers wants to purchase
microwave Oven through exclusive showroom, 8 customers
through dealer, and 2 through internet and rest 5 customers
want through retailer
Inference
Most of customers wanted to purchase from exclusive
showroom because there is more options for selecting a
product also Customers trust more on showroom, some wanted
to purchase from dealers’ point because dealers might provide
in less price and some liked to buy from retailer and on net.
52%
Customers Response
Exclucive Showroom
From Dealer
Internet
Retailer
[52]
Pie-Chart and Analysis
Sample size =30
Mode of purchasing Microwave Oven
Out of 30 respondents 15 customers wants to purchase
microwave Oven through exclusive showroom, 8 customers
through dealer, and 2 through internet and rest 5 customers
want through retailer
Inference
Most of customers wanted to purchase from exclusive
showroom because there is more options for selecting a
product also Customers trust more on showroom, some wanted
to purchase from dealers’ point because dealers might provide
in less price and some liked to buy from retailer and on net.
Exclucive Showroom
From Dealer
[53]
Pie-Chart and Analysis
Sample size =30
How warranty period affect sales of microwave Oven
While purchasing microwave Oven 19 customers says warranty
period affect very much, 8 customers say till some extant and 3
customers says warranty period doesn’t matter for me.
Inference
Warranty period too much affects the buying decision; this is
perception of most of the people, some think it affect for some
extent and some think it does not matter.
27%
10%
Customers Response
[53]
Pie-Chart and Analysis
Sample size =30
How warranty period affect sales of microwave Oven
While purchasing microwave Oven 19 customers says warranty
period affect very much, 8 customers say till some extant and 3
customers says warranty period doesn’t matter for me.
Inference
Warranty period too much affects the buying decision; this is
perception of most of the people, some think it affect for some
extent and some think it does not matter.
63%
Customers Response
Very Much
Till Some Extent
Doesn't Matter
[53]
Pie-Chart and Analysis
Sample size =30
How warranty period affect sales of microwave Oven
While purchasing microwave Oven 19 customers says warranty
period affect very much, 8 customers say till some extant and 3
customers says warranty period doesn’t matter for me.
Inference
Warranty period too much affects the buying decision; this is
perception of most of the people, some think it affect for some
extent and some think it does not matter.
Very Much
Till Some Extent
Doesn't Matter
[54]
Existing Customer
1 PRODUCT 90% customer is satisfied with product
and 10% are not satisfied.
2 FEATURE 50% Customers buy due to Best
Feature, 35% Customers due to Best
Quality and rest don’t know.
3 BRAND According to customers IFB washing
machines are very popular brand,
which provide good quality and user-
friendly washing machines. IFB washing
machines loaded with wide range of
features such as 3D wash, Eco Wash,
ring plus, Air Bubble Wash Silver Nano
Paddles.
4 Price 80% customer says price of IFB product
according to product quality and they
are satisfied with IFB pricing strategy.
5 After Sales Service 80% customer is satisfied with services,
10% can’t say and rest 10% are not
satisfied.
[55]
SUMMARY OF FINDINGS
 Our survey was confined within Patna only so the
outcomes and conclusions are not applicable for the entire
state or country.
 Our sample size was 50 general customers and, so
sampling error might occur or may not be accurate.
 Many customers did not entertain us and did not want to
disclose their internal information to us.
 We had limited time for doing the survey, preparing the
reports and completing our projects.
 IFB washing machines have not strong presence at
dealers have IFB washing machines in their stores.
 IFB had wide range of washing machines in both the
section to loading as well as front loading washing
machines.
[56]
 IFB had a very strong market share in terms of sales of
front loading washing machines as compare to top
loading.
 The major competitors of IFB washing machines are
Samsung & LG but whirlpool & Videocon are future threat
for IFB market share.
[57]
Conclusion
 IFB need to create public awareness in market & incurred
heavily on promotional activities.
 Need to increase number of dealers at Patna, search for
new dealers in this region.
 IFB try to come up with special customize shop only for
IFB products.
 Give much concern to exhibition on different location in
Patna, where IFB can reach maximum and potential
customers.
 Need to capture as much display as it can in the stores for
batter sales.
 Dealer’s discounts and schemes should be maintained to
satisfy dealers.
[58]
 The brand promotional techniques like canopies, activities,
free service camps, stage shows etc. should be done
more regularly to improve brand awareness.
 Brand promotional initiatives like personal relation, direct
contact with customers using distribution channel should
be done.
 Improve the ambience and POP in the stores having IFB’S
product so that the customers mind can captured and
sales can be promoted.
[59]
SWOT Analysis of IFB Home appliances
Strength
 Brand image in Home Appliances Division
IFB has a brand image in home appliances division and it
is leading market in this segment with the major number
of customers of washing machine and microwave oven.
 Innovative product
The products are actually innovative and new in Indian
market so they have a near monopoly in dishwasher a
clothes dryer with maximum market share. So it attracts
the customers of higher class for mere luxurious life style.
 Compatible workforce
The company has a compatible work force which works in
team to give a new height to the company.
 Strong after sales service
The company is also providing best after sales service to
its customers by the schemes like warranty, annual
maintenance contract and extended warranty.
 Durability/performance
 4 year 100% warranty & 10 year spears part support
[60]
Weakness
 Less brand awareness
 Less number of dealers so eventually less availability of
IFB’s products.
 Less range of products in consumer durables
It has less range of products which is not sufficient to
capture the whole market. Through some new products
are ready to be launch in coming year but also some
small consumer durables like iron, water heater, camera
etc, Can be added.
 Products are for winter season but no product is specially
for summer season
The product like cloth dryer can be used in winter season
mainly which comes just for 2 months in entire year. Such
products can only be purchased by north people due to
having very less temperature in winter season. There
should be some summer products like refrigerator, AC,
cooler, water cooler etc. So that it can be purchased in
entire year and can capture the whole Indian market.
 Less promotional activities
There are no promotional activities for the promotion of
the products. Even there is not any advertisement which
can show the features and variety of products. This is the
reason that there are very less sales of hobs and
chimneys because people are not aware of its new
products.
[61]
Opportunity
 Scope for growth in the rural market
IFB still have not covered the rural market of country. As
India has its major population in rural areas, the company
should focus towards the rural market.
 Scope in semi-automatic washing machine segment
 Trust by valued and existing customers
 IFB has opportunities because expense on white goods is
increasing day to day by common people.
 The trust in company’s product by valued customers
Threats
 Aggressive and effective promotional marketing initiatives
used by competitors like TV ads, hoardings etc.
 Preference of customers and dealers of other brands like
LG, SAMSUNG etc. over IFB machine etc.
[62]
LIMITATION OF THE STUDY
Since nobody is perfect in this world, everyone has some
limitation. So is the case with this study also. These are the
following limitations;
a) Due to shortage of time, study was confined to specified
areas of Patna.
b) Some respondents were hesitant to disclose some
information or have given incomplete information.
c) There might have been some biased responses, and
because of which findings may not be 100 % accurate.
d) The information presented may not be accurate due to the
lead-time between the time of collection and time of
presentation of data.
[63]
Questionnaire
Name……………………………………………………………….
Location…………………………………………………………...
Phone No.................................................................................
Age- (1) 18-28 ( ) (2) 29-39 ( ) (3) 40-50 ( )
(4) Above 50 ( )
Gender - (1) Male ( ) (2) Female ( )
Income- 15000-25000( ) 25000-35000( ) Above
35000( )
Washing Machine
1. Which brand (washing machine) do you want to use?
(a) LG
(b) IFB
(c) Whirlpool
(d) Any other......................................................
2. Which attributes do you look for purchasing washing
machine?
(a) Quality
(b) Feature
(c) Brand
(d) Any other........................................
[64]
3. Which colours of washing machine do you prefer most?
(a) Red
(b) Silver
(c) White
(d) Any other Please Specify.....................................
4. Which type of Washing Machine do you like to use?
(a) Front Loading
(b) Top Loading
(c) Semi Automatic
5. Which attributes Influence your purchasing decision for
washing machine?
(a) Steam wash
(b) Air bubble wash
(c) Foam Control
(d) 3D Wash system
6. Are you aware about Fully Automatic Top Loader/ Front
Loader IFB washing machine?
(a) Yes
(b) No
7. How do you take purchase decision while purchasing
washing machine?
(a) Own Decision
(b) Brand Loyalty
(c) Peer suggestion
(d) Brand awareness
[65]
8. To what extent warranty period and other sales services
effect your purchase decision?
(a) Very much
(b) Till some extent
(c) Doesn’t matter
9. Which mode of purchasing would you like to adopt to buy
new washing machine?
(a) Retailer
(b) Online
(c) Exclusive showroom
(d) Other
10. Who is the decision maker to buy washing machine?
(a) Self
(b) Husband
(c) Wife
(d) Any other Please specify.............................................
11. Who is user of washing machine in your family?
(a) Wife
(b) Maid
(c) Other Please
Specify.......................................................
[66]
Questionnaire
Name……………………………………………………………….
Location…………………………………………………………...
Phone No.................................................................................
Age- (1) 18-28 ( ) (2) 29-39 ( ) (3) 40-50 ( )
(4) Above 50 ( )
Gender - (1) Male ( ) (2) Female ( )
Income- 15000-25000( ) 25000-35000( ) Above
35000( )
Microwave Oven
1. Which brand do you choose while buying microwave
oven?
(a) LG
(b) IFB
(c) Samsung
(d) Any other Please specify..........................
2. Which attributes do you look for purchasing microwave
oven?
(a) Quality
(b) Price
(c) Brand
(d) Any other........................................
[67]
3. Which colours of microwave oven do you prefer most?
(a) Red
(b) Silver
(c) White
(d) Any other Please Specify.....................................
4. Which type of microwave oven do you like to use?
(a) Solo
(b) Grill
(c) Convection
(d) Solar Dom
5. Which attributes Influence your purchasing decision for
microwave oven?
(a) Healthy cooking
(b) Start-Up Kit
(c) More auto cook menu
(d) Cookery Classes
6. Are you aware about microwave oven of IFB?
(a) Yes
(b) No
7. How do you take purchase decision while purchasing
microwave oven?
(a) Own Decision
(b) Brand Loyalty
(c) Peer suggestion
(d) Brand awareness
[68]
8. To what extent warranty period and other after sales
services effect your purchase decision?
(a) Very much
(b) Till some extent
(c) Doesn’t matter
9. What mode of purchasing would you like to adopt to buy
new microwave oven?
(a) Retailer
(b) Online
(c) Exclusive Showrooms
(d) Other
10. Who is the decision maker to buy microwave oven?
(a) Self
(b) Wife
(c) Husband
(d) Any other Please specify.............................................
11. Who is user of microwave oven in your family?
(a) Wife
(b) Maid
(c) Mother
(d) Other Please Specify......................
[69]
BIBLIOGRAPHY
www.ifbindustries.com
www.ifbsappliances.com
www.monycontrol.com
www.topcompaniesinindia.com
www.company.monsterindia.com

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Understanding pre-purchase decision making for IFB home appliances

  • 1. [1] Project Title To understand pre purchase decision making process for IFB products (WM and MWO) Prepared by: Ranbir Kumar Singh Roll No:-111309 PGDM (2011-2013) [1] Project Title To understand pre purchase decision making process for IFB products (WM and MWO) Prepared by: Ranbir Kumar Singh Roll No:-111309 PGDM (2011-2013) [1] Project Title To understand pre purchase decision making process for IFB products (WM and MWO) Prepared by: Ranbir Kumar Singh Roll No:-111309 PGDM (2011-2013)
  • 2. [2] Declaration Certificate I Ranbir Kumar Singh, hereby declare that this project titled “To understand pre purchase decision making process for IFB products (WM, and MWO)” with special reference to IFB industries Ltd, Patna. It is based on original project study conducted by me under the guidance of head of department, Mr. Deepak Prakash (Branch Manager, IFB Industries Ltd, Patna), Miss Tripti Jha (Business Manager, Domestic home appliances, IFB Industries Ltd, Patna) and Mr. Ashish Mishra (Business Manager, Commercial appliances and Institutional sales, State of Bihar, IFB Industries Ltd, Patna I further declare that this project has not previously formed the basis of the award of any degree or Diploma or similar title of recognition. Place: Patna Date: (Ranbir Kumar Singh)
  • 3. [3] Certificate of approval It is certified that this dissertation titled “To understand pre purchase decision making process for IFB products (WM, and MWO)” (with reference IFB Industries Ltd, Patna)” is based on an original project study conducted by Ranbir Kumar Singh of 3rd Trimester of PGDM under my guidance. He has attended the required sessions held. This project report has not formed the basis of the award of any degree / diploma by University or Institutions. Place: Patna DATE:-
  • 4. [4] Acknowledgment I would like to express my profound gratitude to all those who have being instrumental in preparation of my project report. This project would not have been possible without the support of many people. I would like to thanks head of department, Mr. Deepak Prakash (Branch Manager, IFB Industries Ltd, Patna for his support and help. I would like to say thanks to my guide, Miss Tripti Jha (Business Manager, Domestic home appliances, IFB Industries Ltd, Patna), Mr. Ashish Mishra (Business Manager, Commercial appliances and Institutional sales, State of Bihar, IFB Industries Ltd, Patna) for her silent and meaningful guidance towards the career development. Who impressed me with his dedication and sincerity to the subject of Marketing Management? Last but not the least my special thanks to my Parents and family members who supported me and my dear friends who encouraged me.
  • 5. [5] Content Page Serial No. 1 Project Title Page No – 1 Serial No. 2 Declaration Certificate Page No – 2 Serial No. 3 Certificate Approval Page No – 3 Serial No. 4 Acknowledgment Page No – 4 Serial No. 5 Content Page Page No – 5 Serial No. 6 Objective of study Page No – 6 Serial No. 7 Introduction Page No – 7 to 8 Serial No. 8 Company Profile Page No – 9 to 10 Serial No. 9 Project Description Page No – 11 to 12 Serial No. 10 Research Methodology Page No – 13 to 14 Serial No. 11 Response of 50 customer Page No – 15 to 20 Serial No. 12 Data analysis & Interpretation Page No – 21 to 54 Serial No. 13 Finding Page No – 55 to 56 Serial No. 14 Conclusion and methodology Page No – 57 to 58 Serial No. 15 SWOT Analysis of IFB Home appliances Page No – 59 to 61 Serial No. 16 Limitation Page No – 62 Serial No. 17 Questionnaires Page No – 63 to 68 Serial No. 18 Bibliography Page No – 69
  • 6. [6] Objective of study  To identify buying pattern of fully automatic washing machine & microwave oven  To evaluate the alternative preferences of the customer.  To identify how price, feature, service affect sales of Washing Machine  To study responsible factor to increase sales of Washing Machine and Microwave Oven in Bihar market  To identify the scope of the Washing Machine and Microwave Oven
  • 7. [7] Introduction IFB Industries Limited is India’s leading home appliances and fine blanks producer. The company was known as Indian Fine Blanks Ltd. It started operations in 1974 in collaboration with Hienrich Schmid AG of Switzerland. The company got listed on the BSE in 2000. Today, the company manufactures fine Blank components such as straighteners, Decoilers and strip loaders as well as other engineering components, and home appliances such as washing machines, dishwashers, microwaves, hobs, Chimneys and other cooking appliances. Its manufacturing plants are located at Kolkata and Gangarampur (West Bengal), Selcete and IIhas (Goa), Bhopal (Madhya Pradesh) and Bangalore. Its registered and corporate office is located at Kolkata. Established player in home appliances segment IFB Industries Limited has an established market position in the home appliance segment. The company manufactures home and kitchen appliances such as washing machines, washer dryer, laundry dryer, Dishwasher, Microwave oven, hobs, chimneys and other cooking appliances. In FY10, the home appliances segment contributed almost 82% of revenues. The company also manufactures engineering products like fine blanked components, cushion plate for seat recliners, K12 tongue for seat belt assembly, door latches, gear shift selector for transmission, gear shifter for transmission, rotor segment for aircrafts, plate valve for compressors, gears, etc for two- wheelers. Clients for its engineering products include Maruti Suzuki, Ford India, Fiat India, Toyota Kirloskar Motors, Lucas
  • 8. [8] TVS, Brakes India, Rane TRW, Bosch Chasis, TVS Motor Co, Yamaha Motorcycles, Honda Motorcycles & Scooters India, Royal Enfield, Hero Honda, L&T, SKF, etc. In FY10, fine blanks and engineering operations contributed 18% to total revenue in FY10. Strengthening its reach in tier 2 and tier 3 towns IFB Industries Limited is strengthening its distribution network in tier 2 and tier 3 towns and focusing on marketing programmes for semi-urban and rural markets. The company has a 24-hour tele-helpline service for queries. It delivers to over 1,600 locations in India.
  • 9. [9] Company Profile Company Name Indian Fine Blanking Industries Limited Head Office Address IFB Industries Head Office Address: Flat No.IND-5 Sector-1East Kolkata Township Kolkata: 700088 West Bengal, India. IFB Industries Phone Number: (33) 39849524 39849475 IFB Industries Website: www.ifbbangalore.com Company Status IFB Industries Limited is a US$ 250 million diversified business house having interests in appliances, automotive components, alcohol and marine foods. Our businesses enjoy leadership status and in most product categories have a dominant market share. The businesses are built on the ethos of quality, technology and customer focus as well as financial prudence. The “IFB” brand enjoys very strong equity in the minds of the customers and is amongst the most desired brands in India.
  • 10. [10] The businesses are growing at an average of about 30% and are on an expansion spree leading to requirement of knowledgeable people in the following areas: Appliances  Front loading washing machines  R&D  Quality  Purchase  Manufacturing Auto Components  Fine Blanking  Tooling  Design  Process Engineering  Quality & Manufacturing  Seat Mechanisms  Manufacturing & Quality  Window Lifter  Manufacturing & Quality  Automotive Motors – Window Lifter motors  R&D  Manufacturing & Quality
  • 11. [11] Project Description Consumer Decision Making Processes By Ken Matsuno Traditionally, consumer researchers have approached decision making process from a rational perspective. This dominant school of thought views customers as being cognitive (i.e., problem-solving) and, to some but a lesser degree, emotional.i Such a view is reflected in the stage model of a typical buying process (often called the consumer information processing model) depicted in Figure. Problem Recognition Information Search Evaluation and Selection of Alternatives Decision Implementation Post-purchase Evaluation
  • 12. [12] Figure 1 the Consumer Information Processing Model Source: Adopted from Kotler (1997), Schiffman and Kanuk (1997), and Solomon (1996) In this model, the consumer passes through five stages: problem recognition, information search, evaluation and selection of alternatives, decision implementation, and post- purchase evaluation.
  • 13. [13] Research Methodology Meaning Research is an intensive and purposeful search for knowledge and understanding of social and physical phenomenon. Research is scientific activity undertaken to establish something, a fact, a theory a principle or an application. One can also define research as a scientific and systematic search for pertinent information on a specific topic. Infect research is art of scientific investigation. According to John W.Best “Research is the systematic and objective analysis and recording of controlled observation that may lead to development of generalization, principles or theories resulting prediction and possibly ultimate control of events” Source of Data Collection 1. Primary Data In primary data collection, you collect the data yourself using methods such as interviews and questionnaires. The key point here is that the data you collect is unique to you and your research and, until you publish, no one else has access to it. There are many methods of collecting primary data and the main methods include:  questionnaires  interviews  focus group interviews
  • 14. [14]  observation  case-studies  diaries  critical incidents  Portfolios 2. Secondary Data In secondary data collection, the company uses information from other sources that has already been researched by somebody else. Instead of carrying out research yourself like in primary research, you simply use somebody else's results that have already been collected which have been carried out in similar ways to how you would have carried it out. There are many methods of collecting secondary data and the main methods include:  Websites  Other companies reports  Websites etc. I have collected both type of data, primary data and secondary data (provided by company). I relied on the data given by respondents through questionnaire designed by me.
  • 15. [15] Response of 50 Customers through personal interviews No of respon dent How did you know about IFB? Are you satisfied with services and product? Do you know about fully automatic IFB washing machine? Why did you buy Front/Top Loading machine? Do you use any other IFB product? Which other company's product have you seen in the dealer's shop? Which company's of MWO do you use? 1 TV Add Yes Not Interested No Samsung Non user 2 Dealer Yes No Not Interested No Samsung, LG Non user 3 News Paper Yes Best Feature No Not Remember Non user 4 Brand Loyal (All family use IFB) Yes (fuse) vibration Yes Brand Loyal No Samsung Non user 5 Existing customer of WM YES Want (TROLLY + cover) Yes Best Feature WM Godrej Non user 6 Exchange offer (Internet) Not Satisfy (after many call no Response from service side) Yes No option (he has to exchange his machine) No Did not see (He got home delivery) Non user 7 Existing customer of WM (since1999) Yes Yes Best Feature No Not interested Non user 8 Dealer Can’t say No Best Feature Evening Non user 9 Friend Yes Yes Brand Name No Not Remember Non user 10 Existing customer of WM Not Satisfied (service person should visit in every two month) Yes Best Feature Yes LG, Samsung IFB 11 Dealer Yes No Best feature (Suggested by Brother ) No Not interested Non user
  • 16. [16] 12 Existing customer of WM Yes Yes Best Feature, less water Consumption No Whirlpool Non user 13 Dealer Yes No Brand Name Yes LG, Samsung (Dealer try to sell other company's product) IFB 14 Existing customer of WM Yes Yes Best Feature No Not interested Non user 15 His Daughter(His all family members are user of IFB Product) Yes Yes Best feature (Suggested by Daughter, Son, ) No Samsung Non user 16 Suggested by Dealer Yes No Best feature Yes LG, Samsung IFB (25SC3) 17 Dealer Yes No Microwave User No Bajaj, Kenstar, LG IFB 18 Dealer Can't say (till now, I didn't need any services) No Best feature known by friend No I see only IFB Non user 19 Dealer (lite corner) Yes No Microwave User Yes Not Remember IFB
  • 17. [17] 20 Suggested by Friend Yes Yes Best feature, latest technology No LG Non user 21 Smart customer Yes Yes Best feature No Not interested Not Intereste d 22 Internet Yes No Microwave User Yes Home delivery IFB 23 Suggested by Relative Not satisfied (service person told that I will provide you trolley, cover after one week and till now he did not come ) Yes Yes Yes (Argo 6512R) Not interested IFB 24 suggested by Relative (Want to buy Microwave Oven) Yes Yes Best feature No LG, Samsung Non user 25 Existing Customer ( He suggested so many friend to buy IFB Product) Yes Yes Best quality, No Not Interested( only IFB) Non User 26 Internet Yes Yes Best quality, Microwave oven Whirlpool IFB 27 Suggested by Relative (they are using for 20 Year) Yes Yes Brand loyal Best quality, (In relation they are using for 20 year with good performance ) No Samsung, LG Non user 28 Suggested by dealer (Elite) Yes Yes Best quality No Kenstar, LG, Samsung Non user
  • 18. [18] 29 Suggested by friend Yes Yes Best feature No Only IFB Non user 30 Existing customer of IFB WM(4th IFB washing machine) Yes Yes Best quality No Buy through exchange offer LG, Samsung 31 Existing customer of IFB WM(For ten year) Yes Yes Best quality No Videocon, Samsung, LG, whirlpool Non user 32 Friend Yes Yes Microwave User Washing machine LG IFB 33 Suggested by brother No (During installation behaviour of service person is not good) Yes Best feature No Whirlpool, LG Non user 34 Suggested by Relative Yes Yes Services, Best feature Washing machine LG, Samsung IFB 35 Suggested by daughter Yes No Best feature Yes LG IFB 36 Dealer Can't say (Till now, I didn't need any service) Yes Microwave User Yes Whirlpool, Samsung IFB
  • 19. [19] 37 Suggested By Other family member Yes No Best feature No LG Non user 38 Internet No (During installation behaviour of service person was not good, they were not installing in proper way) Yes Best feature (Willing to buy for 20 Year) No Whirlpool, LG LG 39 Suggested by Son (he is user of IFB WM) Yes Yes Best feature (Suggested by Son) No LG Non user 40 Suggested by Friend ( He is user of IFB WM) Yes Yes Best Brand No Not interested in other Product (Only I Had to buy IFB washing machine) Non user 41 Suggested by relative (they are user of IFB WM) Yes Yes Best feature No Whirlpool Non user 42 Suggested by Friend ( He is user of IFB WM) Can't Yes Best Brand No Not interested in other Product (Only I Had to buy IFB washing machine) Non user 43 Internet Yes Yes Best product, Brand name No Home Delivery Non user
  • 20. [20] 44 Suggested by Dealer Can't say (Till now, I didn't need any service) No (I saw IFB washing at dealer shop) Best product (Suggested by Dealer) No LG, Samsung, Whirlpool Non user 45 Dealer Can't say (Till now, I didn't need any service) No (I saw IFB washing at dealer shop) Best product (Suggested by Dealer) No Not remember Non user 46 Suggested by Dealer Yes Yes Best quality No LG, Samsung Non user 47 Friend Yes Yes Best product No LG Non user 47 Existing customer of IFB WM(4th IFB washing machine) Yes Yes Best quality No Whirlpool, LG, Samsung 48 Dealer Can’t say No Best Feature Yes Evening Non user 49 Dealer Yes No Best Feature No Bajaj, Kenstar, LG IFB 50 Suggested by Relative Yes Yes Services, Best feature Yes LG, Samsung IFB
  • 21. [21] Data Analysis & Interpretation Consumer Pre purchase Behaviour Survey How people take purchase decision while purchasing Washing Machine? Graph and Analysis Sample size =50 How customers know about IFB Washing Machine? Out of 50 sample size 23 were aware about the product through Friend & Relative, 13 through dealer, 9 are existing customer, 5 through internet. Inference Word of mouth plays significant role in advertisement, large number of Customers trusts on dealers’ word, Existing customers spread the name of the company and Internet also makes people known about the brand. Internet 10% Dealer 26% Existing Customer 18% Customers Response [21] Data Analysis & Interpretation Consumer Pre purchase Behaviour Survey How people take purchase decision while purchasing Washing Machine? Graph and Analysis Sample size =50 How customers know about IFB Washing Machine? Out of 50 sample size 23 were aware about the product through Friend & Relative, 13 through dealer, 9 are existing customer, 5 through internet. Inference Word of mouth plays significant role in advertisement, large number of Customers trusts on dealers’ word, Existing customers spread the name of the company and Internet also makes people known about the brand. Relative & Friend(existing customers of IFB) 46% Internet 10% Existing Customer 18% Customers Response [21] Data Analysis & Interpretation Consumer Pre purchase Behaviour Survey How people take purchase decision while purchasing Washing Machine? Graph and Analysis Sample size =50 How customers know about IFB Washing Machine? Out of 50 sample size 23 were aware about the product through Friend & Relative, 13 through dealer, 9 are existing customer, 5 through internet. Inference Word of mouth plays significant role in advertisement, large number of Customers trusts on dealers’ word, Existing customers spread the name of the company and Internet also makes people known about the brand. Relative & Friend(existing customers of IFB) 46%
  • 22. [22] Pie-Chart and Analysis Sample size =50 How many customers are satisfied with services? Out of 50 sample size 80% people are satisfy with services, 10% can’t say because till now they didn’t need any services and rest 10% people are not satisfied with the services due to irrelevant behaviour of services person during installation. Inference IFB provide best services to their customers after sales, we should also provide soft skill and technical training to our service persons; so that we can reduce complain against services related to their soft skill and technical knowledge. Yes 80% How many % of Customers are satisfy with services [22] Pie-Chart and Analysis Sample size =50 How many customers are satisfied with services? Out of 50 sample size 80% people are satisfy with services, 10% can’t say because till now they didn’t need any services and rest 10% people are not satisfied with the services due to irrelevant behaviour of services person during installation. Inference IFB provide best services to their customers after sales, we should also provide soft skill and technical training to our service persons; so that we can reduce complain against services related to their soft skill and technical knowledge. Can't Say 10% No 10% How many % of Customers are satisfy with services [22] Pie-Chart and Analysis Sample size =50 How many customers are satisfied with services? Out of 50 sample size 80% people are satisfy with services, 10% can’t say because till now they didn’t need any services and rest 10% people are not satisfied with the services due to irrelevant behaviour of services person during installation. Inference IFB provide best services to their customers after sales, we should also provide soft skill and technical training to our service persons; so that we can reduce complain against services related to their soft skill and technical knowledge. No 10% How many % of Customers are satisfy with services
  • 23. [23] Pie-Chart and Analysis Sample size =50 Awareness of IFB product among consumer Out of 50 samples size 42 customers are aware about the product from different source like friend, relative, Internet, and 8 customers first see at the dealer shop. Inference Before purchasing 42 customers were aware about IFB product and word of mouth play important role for IFB products promotion. Yes 84% Awerness of IFB Washing Machine [23] Pie-Chart and Analysis Sample size =50 Awareness of IFB product among consumer Out of 50 samples size 42 customers are aware about the product from different source like friend, relative, Internet, and 8 customers first see at the dealer shop. Inference Before purchasing 42 customers were aware about IFB product and word of mouth play important role for IFB products promotion. No 16% Awerness of IFB Washing Machine [23] Pie-Chart and Analysis Sample size =50 Awareness of IFB product among consumer Out of 50 samples size 42 customers are aware about the product from different source like friend, relative, Internet, and 8 customers first see at the dealer shop. Inference Before purchasing 42 customers were aware about IFB product and word of mouth play important role for IFB products promotion. No 16% Awerness of IFB Washing Machine
  • 24. [24] Pie-Chart and Analysis Sample size =50 Attributes of buying IFB Washing Machine Out of 50 samples size 25 Customers buy due to Best Feature, 18 Customers due to Best Quality, and 5 Customers is Brand loyal and 2 Customers can’t say. Inference Most of the customers take decision on the basis of feature, also customers believes on quality and some are brand loyal. Best Quality 36% Brand Loyal 4% Can't Say 8% Customers Response [24] Pie-Chart and Analysis Sample size =50 Attributes of buying IFB Washing Machine Out of 50 samples size 25 Customers buy due to Best Feature, 18 Customers due to Best Quality, and 5 Customers is Brand loyal and 2 Customers can’t say. Inference Most of the customers take decision on the basis of feature, also customers believes on quality and some are brand loyal. Best Feature 52% Brand Loyal 4% Customers Response [24] Pie-Chart and Analysis Sample size =50 Attributes of buying IFB Washing Machine Out of 50 samples size 25 Customers buy due to Best Feature, 18 Customers due to Best Quality, and 5 Customers is Brand loyal and 2 Customers can’t say. Inference Most of the customers take decision on the basis of feature, also customers believes on quality and some are brand loyal. Best Feature 52%
  • 25. [25] Pie-Chart and Analysis Sample size =50 What percent consumer use only washing and washing machine + Microwave oven Out of 50 samples size 72% Customers use single product and 28% Customers use two products (In 28% customers 24% customers use IFB washing machine, microwave oven and 4% IFB washing machine, other microwave oven). Inference Due to best quality 24% consumer use IFB washing machine and microwave oven. Washing machine + IFB Microwave oven 24% Customers Response [25] Pie-Chart and Analysis Sample size =50 What percent consumer use only washing and washing machine + Microwave oven Out of 50 samples size 72% Customers use single product and 28% Customers use two products (In 28% customers 24% customers use IFB washing machine, microwave oven and 4% IFB washing machine, other microwave oven). Inference Due to best quality 24% consumer use IFB washing machine and microwave oven. Only washing machine 72% Washing machine + Other Microwave oven 4% Customers Response [25] Pie-Chart and Analysis Sample size =50 What percent consumer use only washing and washing machine + Microwave oven Out of 50 samples size 72% Customers use single product and 28% Customers use two products (In 28% customers 24% customers use IFB washing machine, microwave oven and 4% IFB washing machine, other microwave oven). Inference Due to best quality 24% consumer use IFB washing machine and microwave oven. Only washing machine 72%
  • 26. [26] Pie-Chart and Analysis Sample size =50 Other company’s products available at dealer place Out of 50 samples size LG available at 50% dealer, Samsung at 26% dealer, whirlpool at 16%dealer, Videocon at 8% dealer. Inference Demand of LG is very good in market so dealers want to keep more LG product other than Samsung, whirlpool, Videocon. Samsung 26% whirlpool 16% Videocon 8% Customers Response [26] Pie-Chart and Analysis Sample size =50 Other company’s products available at dealer place Out of 50 samples size LG available at 50% dealer, Samsung at 26% dealer, whirlpool at 16%dealer, Videocon at 8% dealer. Inference Demand of LG is very good in market so dealers want to keep more LG product other than Samsung, whirlpool, Videocon. LG 50% Videocon 8% Customers Response [26] Pie-Chart and Analysis Sample size =50 Other company’s products available at dealer place Out of 50 samples size LG available at 50% dealer, Samsung at 26% dealer, whirlpool at 16%dealer, Videocon at 8% dealer. Inference Demand of LG is very good in market so dealers want to keep more LG product other than Samsung, whirlpool, Videocon. LG 50%
  • 27. [27] Pie-Chart and Analysis Sample size =50 Mode of purchasing while buying new washing machine Out of 50 samples size 90% customer purchase through dealer 10% customer through internet. Inference 45 Customers purchase through dealers so IFB should increase their number of dealer to increase availability of IFB product. Dealer 90% Customers Response [27] Pie-Chart and Analysis Sample size =50 Mode of purchasing while buying new washing machine Out of 50 samples size 90% customer purchase through dealer 10% customer through internet. Inference 45 Customers purchase through dealers so IFB should increase their number of dealer to increase availability of IFB product. Internet 10% Dealer 90% Customers Response [27] Pie-Chart and Analysis Sample size =50 Mode of purchasing while buying new washing machine Out of 50 samples size 90% customer purchase through dealer 10% customer through internet. Inference 45 Customers purchase through dealers so IFB should increase their number of dealer to increase availability of IFB product.
  • 28. [28] Response of 30 Customers through personal interviews (for Washing machine) Cust ome r Phone No. Which brand (washi ng machi ne) do you want to use? Which attribu tes do you look for purcha sing washi ng machi ne? Which colour s of washi ng machi ne do you prefer most? Which type of Washi ng Machi ne do you like to use? Which attribu tes Influe nce your purcha sing decisi on for washi ng machi ne? Are you aware about Fully Automati c Top Loader/ Front Loader IFB washing machine? How do you take purchas e decision while purchasi ng washing machin e? To what extent warrant y period and other sales services effect your purchas e decision ? Which mode of purchasin g would you like to adopt to buy new washing machine? Wh o is the dec isio n ma ker to buy wa shi ng ma chi ne? W h o is us er of w as hi n g m ac hi n e in y o ur fa m il y? 1 Md Firoz 98358894 66 IFB Qualit y Silver Top Loadin g Steam Wash Yes Own Decision Very Much From Dealer Self W if e 2 Sant os Kum ar 93044557 05 LG Featur e Silver Top Loadin g Steam Wash Yes Own Decision Very Much From Dealer Wif e W if e 3 Md Jawe d 94723689 48 Whirlp ool Qualit y Red Top Loadin g Steam Wash No Peer Suggesti on Very Much Exclusive Showroo m Wif e W if e 4 Ram esh NA LG Brand White Top Loadin g Steam Wash No Own Decision Very Much Exclusive Showroo m Self W if e 5 Rajn esh Kum 97988970 80 LG Featur e White Front Loadin g Steam Wash No Peer Suggesti on Doesn't Matter Exclusive Showroo m Wif e Al l fa
  • 29. [29] ar m ily 6 Neer aj 98356999 79 Whirlp ool Qualit y White Semi Autom atic 3D wash Syste m No Brand Awaren ess Doesn't Matter From Dealer Self S el f 7 Vino d Kum ar 94312130 77 Videoc on Featur e Silver Top Loadin g Air Bubble Wash No Own Decision Doesn't Matter Exclusive Showroo m Wif e W if e 8 P Sinh a 95348538 96 Samsu ng Qualit y White Top Loadin g Steam Wash No Brand Awaren ess Till Some Extent Exclusive Showroo m Self W if e 9 Jiten dra 93083340 68 Whirlp ool Featur e White Semi Autom atic Steam Wash Yes Own Decision Very Much Exclusive Showroo m Self W if e 11 Sujat a 97717298 60 LG Qualit y White Front Loadin g Foam Contro l Yes Own Decision Till Some Extent From Dealer Self S el f 12 Miss Ver ma 93862805 20 IFB Featur e White Front Loadin g Steam Wash Yes Peer Suggesti on Till Some Extent From Dealer Self S el f 13 Raje ew Ranj an 98352683 41 IFB Qualit y Silver Front Loadin g Air Bubble Wash No Peer Suggesti on Very Much Exclusive Showroo m Wif e W if e 14 Rajes h Ranj an 99058008 98 IFB Brand Silver Front Loadin g Air Bubble Wash Yes Own Decision Very Much Exclusive Showroo m Self W if e 15 Smit Kum ar NA Samsu ng Brand Red Top Loadin g Air Bubble Wash No Own Decision Very Much From Dealer Self W if e 16 Ravi 0612- 2267007 LG Qualit y White Front Loadin g Steam Wash Yes Peer Suggesti on Till Some Extent Exclusive Showroo m Wif e W if e 17 Amit 99875478 76 Samsu ng Featur e Silver Front Loadin g Air Bubble Wash Yes Brand Loyalty Doesn't Matter Exclusive Showroo m Self W if e 18 Bhup endr a Kum ar 99053622 89 LG Qualit y Red Top Loadin g Steam Wash No Own Decision Very Much Internet Wif e W if e 19 Nitin Kum ar 93046939 59 Whirlp ool Brand Red Semi Autom atic Steam Wash No Own Decision Very Much Exclusive Showroo m Wif e W if e 20 Jinat 92347910 92 LG Brand Silver Top Loadin g 3D wash Syste No Own Decision Very Much Exclusive Showroo m Self D a u
  • 30. [30] m g ht er 21 Sarit a 96084788 75 Samsu ng Qualit y White Front Loadin g Steam Wash Yes Brand Awaren ess Till Some Extent Internet Mo the r S el f 22 Rohit Kum ar 93084572 14 LG Featur e White Top Loadin g Air Bubble Wash Yes Own Decision Till Some Extent Exclusive Showroo m Self S el f 23 Shuv am Kum ari 93085138 79 IFB Featur e Silver Front Loadin g 3D wash Syste m No Own Decision Very Much Exclusive Showroo m Mo the r S el f 24 Sure sh Kum ar 93043057 58 Whirlp ool Qualit y Silver Top Loadin g Steam Wash No Peer Suggesti on Very Much Exclusive Showroo m Self S el f 25 Shel endr a Kum ar 93344889 95 Whirlp ool Featur e Silver Front Loadin g Steam Wash Yes Brand Loyalty Very Much Exclusive Showroo m Wif e W if e 26 Anita Devi 85440664 06 LG Qualit y White Top Loadin g Steam Wash No Peer Suggesti on Very Much From Dealer Wif e W if e 27 Arvin d Kum ar 98354052 87 Samsu ng Brand Silver Top Loadin g Steam Wash No Own Decision Till Some Extent From Dealer Self S el f 28 Fath er LG Brand Silver Top Loadin g Air Bubble Wash Yes Own Decision Very Much Exclusive Showroo m Wif e D a u g ht er 29 Ajay Kum ar 98356676 11 LG Qualit y Silver Top Loadin g Air Bubble Wash Yes Peer Suggesti on Till Some Extent From Dealer Self W if e 30 Dene sh Kum ar 93348159 09 Samsu ng Brand White Top Loadin g Steam Wash No Peer Suggesti on Till Some Extent Exclusive Showroo m Self W if e
  • 31. [31] Data Analysis & Interpretation Consumer pre purchase Behaviour Survey How people take decision to purchase Washing Machine? Pie-Chart and Analysis Sample size =30 Customer’s preference of brand Out of 30 respondents 36% have shown interest in purchasing Washing machine of LG, 20% of Samsung, 20% of Whirlpool, 17% of IFB and rest 7% of Videocon. Inference Most of the people are aware about LG, Samsung, and Whirlpool and Customers are less aware about IFB and others. 20% 17% 7% [31] Data Analysis & Interpretation Consumer pre purchase Behaviour Survey How people take decision to purchase Washing Machine? Pie-Chart and Analysis Sample size =30 Customer’s preference of brand Out of 30 respondents 36% have shown interest in purchasing Washing machine of LG, 20% of Samsung, 20% of Whirlpool, 17% of IFB and rest 7% of Videocon. Inference Most of the people are aware about LG, Samsung, and Whirlpool and Customers are less aware about IFB and others. 36% 20% 7% Customers Response [31] Data Analysis & Interpretation Consumer pre purchase Behaviour Survey How people take decision to purchase Washing Machine? Pie-Chart and Analysis Sample size =30 Customer’s preference of brand Out of 30 respondents 36% have shown interest in purchasing Washing machine of LG, 20% of Samsung, 20% of Whirlpool, 17% of IFB and rest 7% of Videocon. Inference Most of the people are aware about LG, Samsung, and Whirlpool and Customers are less aware about IFB and others. LG Samsung Whirlpool IFB Videocon
  • 32. [32] Pie-Chart and Analysis Sample size =30 Desired attributes while buying washing machine While buying a washing machine 10 customers go for Quality, 8 customers go for Feature, 7 Customer go for Brand, and rest 5 go for price. Inference While purchasing washing machine most of customers look for Quality then they think about feature, brand and price. 33% 17% Customers Response [32] Pie-Chart and Analysis Sample size =30 Desired attributes while buying washing machine While buying a washing machine 10 customers go for Quality, 8 customers go for Feature, 7 Customer go for Brand, and rest 5 go for price. Inference While purchasing washing machine most of customers look for Quality then they think about feature, brand and price. 23% 27% 17% Customers Response Brand Feature Quality Price [32] Pie-Chart and Analysis Sample size =30 Desired attributes while buying washing machine While buying a washing machine 10 customers go for Quality, 8 customers go for Feature, 7 Customer go for Brand, and rest 5 go for price. Inference While purchasing washing machine most of customers look for Quality then they think about feature, brand and price. Brand Feature Quality Price
  • 33. [33] Pie-Chart and Analysis Sample size =30 Customer’s preference of colour Out of 30 respondents 12 customers prefer white colour, 11 prefer silver colour, 4 white and rest prefer gray colour. Inference White and Silver colours are most preferable colour among customers. Red and gray is liked by less no of customers. 40% 37% 13% 10% Customers Response White Siver Red Gray
  • 34. [34] Pie-Chart and Analysis Sample size =30 Type of washing machine prefer to use Inference Top loader washing machine is liked by most of the customers because it is more convenient in use and less no of customers liked front loader and semi automatic. 10% 37% Customers Response [34] Pie-Chart and Analysis Sample size =30 Type of washing machine prefer to use Inference Top loader washing machine is liked by most of the customers because it is more convenient in use and less no of customers liked front loader and semi automatic. 53% Customers Response Top Loader Semi Autometic Front Loader [34] Pie-Chart and Analysis Sample size =30 Type of washing machine prefer to use Inference Top loader washing machine is liked by most of the customers because it is more convenient in use and less no of customers liked front loader and semi automatic. Top Loader Semi Autometic Front Loader
  • 35. [35] Pie-Chart and Analysis Sample size =30 Attributes which influence purchase decision Here stem wash is most preferable attributes which influence 18 customers purchase decision then air bubble wash influence 8 customer decisions after that 3D wash and foam control influence purchase decision. Inference Most of customers want to have steam wash feature because Baby cloths, kitchen cloths and stub dirt carrying cloths can be easily washed by steam wash feature, Customers also liked air bubble wash but 3D wash is liked by very less customers. 27% 10% 3% Customers Presponse [35] Pie-Chart and Analysis Sample size =30 Attributes which influence purchase decision Here stem wash is most preferable attributes which influence 18 customers purchase decision then air bubble wash influence 8 customer decisions after that 3D wash and foam control influence purchase decision. Inference Most of customers want to have steam wash feature because Baby cloths, kitchen cloths and stub dirt carrying cloths can be easily washed by steam wash feature, Customers also liked air bubble wash but 3D wash is liked by very less customers. 60% 3% Customers Presponse Steam Wash Air Bubble 3D Wash Foam Control [35] Pie-Chart and Analysis Sample size =30 Attributes which influence purchase decision Here stem wash is most preferable attributes which influence 18 customers purchase decision then air bubble wash influence 8 customer decisions after that 3D wash and foam control influence purchase decision. Inference Most of customers want to have steam wash feature because Baby cloths, kitchen cloths and stub dirt carrying cloths can be easily washed by steam wash feature, Customers also liked air bubble wash but 3D wash is liked by very less customers. Steam Wash Air Bubble 3D Wash Foam Control
  • 36. [36] Pie-Chart and Analysis Sample size =30 Awareness about fully automatic top loader/front loader IFB washing machine Out of 30 respondents 16 customers are aware about IFB fully automatic washing machine and 14 customers are not aware. Inference More than 50% customers are aware about IFB washing machine, large numbers of customers who want to buy washing machine, they don’t know about IFB, so IFB needs to increase product awareness. 47% Customers Response [36] Pie-Chart and Analysis Sample size =30 Awareness about fully automatic top loader/front loader IFB washing machine Out of 30 respondents 16 customers are aware about IFB fully automatic washing machine and 14 customers are not aware. Inference More than 50% customers are aware about IFB washing machine, large numbers of customers who want to buy washing machine, they don’t know about IFB, so IFB needs to increase product awareness. 53% Customers Response [36] Pie-Chart and Analysis Sample size =30 Awareness about fully automatic top loader/front loader IFB washing machine Out of 30 respondents 16 customers are aware about IFB fully automatic washing machine and 14 customers are not aware. Inference More than 50% customers are aware about IFB washing machine, large numbers of customers who want to buy washing machine, they don’t know about IFB, so IFB needs to increase product awareness. 53% Yes No
  • 37. [37] Pie-Chart and Analysis Sample size =30 Buying decision while purchasing washing machine Out of 30 respondents 15 customers Purchase through own decision, 9 through peer suggestion, 3 due to brand awareness and rest 3 due to brand loyalty. Inference More than 50% customers take self decision, large number of customer believes on word of mouth and some believes in the brand name. Peer Suggestion 31% Brand Awarnees 10% Brand Lotalty 7% Customer Response [37] Pie-Chart and Analysis Sample size =30 Buying decision while purchasing washing machine Out of 30 respondents 15 customers Purchase through own decision, 9 through peer suggestion, 3 due to brand awareness and rest 3 due to brand loyalty. Inference More than 50% customers take self decision, large number of customer believes on word of mouth and some believes in the brand name. Own Decision 52% Brand Lotalty 7% Customer Response [37] Pie-Chart and Analysis Sample size =30 Buying decision while purchasing washing machine Out of 30 respondents 15 customers Purchase through own decision, 9 through peer suggestion, 3 due to brand awareness and rest 3 due to brand loyalty. Inference More than 50% customers take self decision, large number of customer believes on word of mouth and some believes in the brand name. Own Decision 52%
  • 38. [38] Pie-Chart and Analysis Sample size =30 Place of purchasing Here 15 customers’ wants to purchase to washing machine through exclusive showroom, 10 customer through dealer and 3 through internet and rest 2 customers want through retailer Inference 50% customers wanted to purchase from exclusive showroom because there is more options for selecting a product, some wanted to purchase from dealers’ point because Dealers might provide in less price, and some liked to buy from retailer and on net. 33% 10% 7% [38] Pie-Chart and Analysis Sample size =30 Place of purchasing Here 15 customers’ wants to purchase to washing machine through exclusive showroom, 10 customer through dealer and 3 through internet and rest 2 customers want through retailer Inference 50% customers wanted to purchase from exclusive showroom because there is more options for selecting a product, some wanted to purchase from dealers’ point because Dealers might provide in less price, and some liked to buy from retailer and on net. 50% 7% Customers Response Exclucive Showroom From Dealer Internet Retailer [38] Pie-Chart and Analysis Sample size =30 Place of purchasing Here 15 customers’ wants to purchase to washing machine through exclusive showroom, 10 customer through dealer and 3 through internet and rest 2 customers want through retailer Inference 50% customers wanted to purchase from exclusive showroom because there is more options for selecting a product, some wanted to purchase from dealers’ point because Dealers might provide in less price, and some liked to buy from retailer and on net. Exclucive Showroom From Dealer Internet Retailer
  • 39. [39] Pie-Chart and Analysis Sample size =30 How warranty period affect sales of washing machine While purchasing washing machine 17 customer says warranty period affect very much, 9 customer says till some extant and 4 customer says warranty period doesn’t matter for me. Inference Most of customers believe in warranty because maintenance cost is very costly, some believe in warranty for some extent and some think it does not matter. 30% 13% [39] Pie-Chart and Analysis Sample size =30 How warranty period affect sales of washing machine While purchasing washing machine 17 customer says warranty period affect very much, 9 customer says till some extant and 4 customer says warranty period doesn’t matter for me. Inference Most of customers believe in warranty because maintenance cost is very costly, some believe in warranty for some extent and some think it does not matter. 57% 13% Customers Response Very Much Till Some Extent Doesn't Matter [39] Pie-Chart and Analysis Sample size =30 How warranty period affect sales of washing machine While purchasing washing machine 17 customer says warranty period affect very much, 9 customer says till some extant and 4 customer says warranty period doesn’t matter for me. Inference Most of customers believe in warranty because maintenance cost is very costly, some believe in warranty for some extent and some think it does not matter. Very Much Till Some Extent Doesn't Matter
  • 40. [40] Pie-Chart and Analysis Sample size =30 Decision maker to buy washing machine While purchasing washing machine 16 customers take decision through self, 12 customers take decision through wife and 3 customers take purchase decision through mother. Inference At the time of purchasing more than 50% customers take self decision, 40% customers’ decision is affected by wife and in some cases mother takes decision. 40% 7% Customers Response [40] Pie-Chart and Analysis Sample size =30 Decision maker to buy washing machine While purchasing washing machine 16 customers take decision through self, 12 customers take decision through wife and 3 customers take purchase decision through mother. Inference At the time of purchasing more than 50% customers take self decision, 40% customers’ decision is affected by wife and in some cases mother takes decision. 53% 7% Customers Response [40] Pie-Chart and Analysis Sample size =30 Decision maker to buy washing machine While purchasing washing machine 16 customers take decision through self, 12 customers take decision through wife and 3 customers take purchase decision through mother. Inference At the time of purchasing more than 50% customers take self decision, 40% customers’ decision is affected by wife and in some cases mother takes decision. Self Wife Mother
  • 41. [41] Pie-Chart and Analysis Sample size =30 User of washing machine Inference It has observed that in 60% cases wife is user, 27% of customers liked to use it by self, in some cases it is used by daughter and other family members. 27% 6% 7% Customers Response [41] Pie-Chart and Analysis Sample size =30 User of washing machine Inference It has observed that in 60% cases wife is user, 27% of customers liked to use it by self, in some cases it is used by daughter and other family members. 60% 7% Customers Response [41] Pie-Chart and Analysis Sample size =30 User of washing machine Inference It has observed that in 60% cases wife is user, 27% of customers liked to use it by self, in some cases it is used by daughter and other family members. Wife Self Daughter All Family
  • 42. [42] Response of 30 Customers through personal interviews (Microwave Oven) S.N o Cust omer Phon e No. Whic h bran d (Micr owa ve oven ) do you want to use? Which attribut es do you look for purchasi ng washing machine ? Which colour s of washi ng machi ne do you prefer most? Whic h type of Was hing Mac hine do you like to use? Which attribu tes Influe nce your purcha sing decisi on for washi ng machi ne? Are you aware about Fully Automa tic Top Loader/ Front Loader IFB washing machin e? How do you take purchase decision while purchasin g washing machine? To what extent warranty period and other sales services effect your purchase decision? Which mode of purchasi ng would you like to adopt to buy new washing machin e? Who is the decision maker to buy washing machine? Wh use was ng mac ne you fam ? 1 Jinat 9234 7910 92 Godr ej Brand Silver Conv ectio n Health y Cookin g No Brand Awarenes s Very Much Exclusiv e Showro om Self Wif 2 Sarit a 9608 4788 75 Sams ung Qualit y Black Conv ectio n Cooke ry classes No Own Decision Very Much Exclusiv e Showro om Mother Wif 3 Rohit Kum ar 9308 4572 14 LG Featur e Black Grill Health y Cookin g Yes Peer Suggestio n Very Much Internet Self Self 4 Arvin d Kum ar 9835 4052 87 Sams ung Brand Silver Conv ectio n Cooke ry classes No Own Decision Doesn't Matter From Dealer Self Self 5 Ram Kisho r 9128 2617 80 IFB featur e Silver Conv ectio n Start- Up Kit No Own Decision Very Much Exclusiv e Showro om Self Self 6 Ume sh Shar ma 9839 7769 66 IFB Qualit y Black Conv ectio n Start- Up Kit No Own Decision Very Much Exclusiv e Showro om Self Self 7 Kum ar 9631 2164 Sams ung Qualit y Black Conv ectio Health y Yes Brand Awarenes Till Some Extent Exclusiv e Wife Self
  • 43. [43] Vivek 94 n Cookin g s Showro om 8 Pram od Kum ar 9334 2017 02 Whirl pool Featur e Black Grill More Auto Cook Menu Yes Peer Suggestio n Very Much Exclusiv e Showro om Wife Wif 9 Arch na 9430 9548 14 LG Qualit y Red Grill Health y Cookin g No Own Decision Very Much From Dealer Self Self 10 Hrish 9128 2617 80 Godr ej Featur e Black Solo Start- Up Kit No Own Decision Doesn't Matter From Dealer Wife Wif 11 Shuv am Kum ari 9308 5138 79 IFB Qualit y Silver Grill Cooke ry classes No Own Decision Very Much Exclusiv e Showro om Self Wif 12 Sures h Kum ar 9304 3057 58 Godr ej Brand Silver Conv ectio n Cooke ry classes No Peer Suggestio n Very Much Exclusiv e Showro om Wife Self 13 Shele ndra Kum ar 9334 4889 95 Sams ung Brand Red Solo Health y Cookin g Yes Own Decision Very Much From Dealer Self Wif 14 Miss Verm a 9386 2805 20 LG Qualit y Black Conv ectio n Start- Up Kit Yes Own Decision Till Some Extent Exclusiv e Showro om Self Wif 15 Raje ew Ranj an 9835 2683 41 Sams ung Featur e Silver Conv ectio n More Auto Cook Menu Yes Brand Loyalty Till Some Extent Exclusiv e Showro om Wife Self 16 Rajes h Ranj an 9905 8008 98 LG Qualit y Red Grill Start- Up Kit No Own Decision Very Much Internet Wife Self 17 Smit Kum ar 9128 2617 81 Whirl pool Brand Red Conv ectio n Cooke ry classes Yes Peer Suggestio n Very Much Exclusiv e Showro om Self Wif 18 Ravi 0612 - 2267 007 LG Brand Silver Conv ectio n Health y Cookin g No Peer Suggestio n Very Much Exclusiv e Showro om Wife Self 19 Amit 9987 5478 76 Sams ung Qualit y Black Grill Cooke ry classes No Brand Awarenes s Till Some Extent Internet Self Self 20 Bhup 9905 Godr Featur Black Conv Start- Yes Brand Till Some Exclusiv Mother Dau
  • 44. [44] endr a Kum ar 3622 89 ej e ectio n Up Kit Loyalty Extent e Showro om ter 21 Nitin Kum ar 9304 6939 59 IFB Featur e Silver Grill Start- Up Kit No Own Decision Very Much Exclusiv e Showro om Wife Self 22 Saroj 8002 9505 09 Whirl pool Qualit y Black Grill Cooke ry classes No Own Decision Very Much Exclusiv e Showro om Self Self 23 Navi n Kum ar 9931 0744 58 Godr ej Featur e Black Conv ectio n More Auto Cook Menu No Peer Suggestio n Very Much Exclusiv e Showro om Self Dau ter 24 Bipin Kum ar 9693 9533 97 LG Qualit y Black Conv ectio n More Auto Cook Menu No Own Decision Till Some Extent From Dealer Wife Wif 25 Dr. Afroj Ahm ad 9304 0357 26 Sams ung Brand Silver Grill Start- Up Kit Yes Peer Suggestio n Till Some Extent From Dealer Wife Self 26 Rajes h 9334 1356 00 LG Brand Red Conv ectio n Health y Cookin g No Peer Suggestio n Very Much Exclusiv e Showro om Wife Dau ter 27 Sanja y Kum ar 9304 9910 07 LG Qualit y Silver Solo Start- Up Kit Yes Own Decision Very Much From Dealer Self Wif 28 Rake sh kisho r Shar ma 9234 2299 72 Godr ej Brand Black Grill Cooke ry classes No Brand Loyalty Very Much Exclusiv e Showro om Self Self 29 Om Prak esh Shar ma 9431 0117 04 Sams ung Qualit y Black Conv ectio n Start- Up Kit Yes Peer Suggestio n Till Some Extent From Dealer Wife Self 30 J.P Agrw al 9304 0877 31 LG Brand Silver Conv ectio n More Auto Cook Menu No Own Decision Very Much From Dealer Wife Wif
  • 45. [45] Data Analysis & Interpretation Consumer pre purchase Behaviour Survey How people take decision to purchase Microwave Oven? Pie-Chart and Analysis Sample size =30 Customer’s preference of brand Out of 30 respondents 9 have shown interest in purchasing Washing machine of LG, 6 of Samsung, 6 of Whirlpool, 7 of IFB and rest 2 of Videocon. Inference Most of the people liked LG, Samsung is liked by less number of customers, IFB and Whirlpool has same awareness and Godrej is least preferred brand. 30% 23%17% 17% 13% Customers Response LG Samsung Whirlpool IFB Godraj
  • 46. [46] Pie-Chart and Analysis Sample size =30 Desired attributes while buying microwave oven While buying a washing machine 10 customers go for Quality, 9 customers go for Feature, 7 Customers go for Brand, and rest 4 go for price. Inference At the time of buying MWO, brand and quality are important factors to influence purchase decision and after that customers think about feature and price. 33% 13% Customers Response [46] Pie-Chart and Analysis Sample size =30 Desired attributes while buying microwave oven While buying a washing machine 10 customers go for Quality, 9 customers go for Feature, 7 Customers go for Brand, and rest 4 go for price. Inference At the time of buying MWO, brand and quality are important factors to influence purchase decision and after that customers think about feature and price. 34% 20% 13% Customers Response [46] Pie-Chart and Analysis Sample size =30 Desired attributes while buying microwave oven While buying a washing machine 10 customers go for Quality, 9 customers go for Feature, 7 Customers go for Brand, and rest 4 go for price. Inference At the time of buying MWO, brand and quality are important factors to influence purchase decision and after that customers think about feature and price. Brand Feature Quality Price
  • 47. [47] Pie-Chart and Analysis Sample size =30 Customers’ preference of colour Out of 30 respondents 12 customers prefer white colour, 11 prefer silver colour, 7 white and rest prefer gray colour. Inference Black and Silver colours are most preferable among customers. 33% 13% Customers Response [47] Pie-Chart and Analysis Sample size =30 Customers’ preference of colour Out of 30 respondents 12 customers prefer white colour, 11 prefer silver colour, 7 white and rest prefer gray colour. Inference Black and Silver colours are most preferable among customers. 47% 7% Customers Response [47] Pie-Chart and Analysis Sample size =30 Customers’ preference of colour Out of 30 respondents 12 customers prefer white colour, 11 prefer silver colour, 7 white and rest prefer gray colour. Inference Black and Silver colours are most preferable among customers. Black Siver Red Gray
  • 48. [48] Pie-Chart and Analysis Sample size =30 Type of Microwave Oven prefer to use From this pie chart we can interpret that 16 customers want to purchase Convection Microwave Oven, 9 want Grill, 4 want solo and only 1 customers like solar Dum. Inference Most of the customers want to use convection microwave oven because convection model carries all three functions (solo, grill, convection) Many customers don’t know about solar Dum, Customers’ second choice is grill and Solo model is liked by fewer customers. 31% 13% [48] Pie-Chart and Analysis Sample size =30 Type of Microwave Oven prefer to use From this pie chart we can interpret that 16 customers want to purchase Convection Microwave Oven, 9 want Grill, 4 want solo and only 1 customers like solar Dum. Inference Most of the customers want to use convection microwave oven because convection model carries all three functions (solo, grill, convection) Many customers don’t know about solar Dum, Customers’ second choice is grill and Solo model is liked by fewer customers. 53% 13% 3% Customers Response Covection Grill Solo Solar Dum [48] Pie-Chart and Analysis Sample size =30 Type of Microwave Oven prefer to use From this pie chart we can interpret that 16 customers want to purchase Convection Microwave Oven, 9 want Grill, 4 want solo and only 1 customers like solar Dum. Inference Most of the customers want to use convection microwave oven because convection model carries all three functions (solo, grill, convection) Many customers don’t know about solar Dum, Customers’ second choice is grill and Solo model is liked by fewer customers. Covection Grill Solo Solar Dum
  • 49. [49] Pie-Chart and Analysis Sample size =30 Attributes which influence your purchasing decision Here 9 customers want start-Up Kit, 8 customers want cookery classes, 7 customers wants healthy cooking, And rest 6 customers wants more Autocook menu in microwave Oven. Inference Most of the customers wanted to have more accessories with starter Kit because it helps in cooking of different menu, some needed cookery classes and some needed healthy cooking feature and some needed more auto cook menu. 17% 31% Customers Response [49] Pie-Chart and Analysis Sample size =30 Attributes which influence your purchasing decision Here 9 customers want start-Up Kit, 8 customers want cookery classes, 7 customers wants healthy cooking, And rest 6 customers wants more Autocook menu in microwave Oven. Inference Most of the customers wanted to have more accessories with starter Kit because it helps in cooking of different menu, some needed cookery classes and some needed healthy cooking feature and some needed more auto cook menu. 28% 24% Customers Response Cookery Classes Healthy cooking More Autocook Menu Start-Up Kit [49] Pie-Chart and Analysis Sample size =30 Attributes which influence your purchasing decision Here 9 customers want start-Up Kit, 8 customers want cookery classes, 7 customers wants healthy cooking, And rest 6 customers wants more Autocook menu in microwave Oven. Inference Most of the customers wanted to have more accessories with starter Kit because it helps in cooking of different menu, some needed cookery classes and some needed healthy cooking feature and some needed more auto cook menu. Cookery Classes Healthy cooking More Autocook Menu Start-Up Kit
  • 50. [50] Pie-Chart and Analysis Sample size =30 Awareness about IFB Microwave Oven Out of 30 respondents 10 customers are aware about IFB microwave Oven and 20 customers are not aware. Inference Awareness of IFB MWO is less so we need to spread the brand awareness of MWO. 67% Customers Response [50] Pie-Chart and Analysis Sample size =30 Awareness about IFB Microwave Oven Out of 30 respondents 10 customers are aware about IFB microwave Oven and 20 customers are not aware. Inference Awareness of IFB MWO is less so we need to spread the brand awareness of MWO. 33% Customers Response [50] Pie-Chart and Analysis Sample size =30 Awareness about IFB Microwave Oven Out of 30 respondents 10 customers are aware about IFB microwave Oven and 20 customers are not aware. Inference Awareness of IFB MWO is less so we need to spread the brand awareness of MWO. Yes No
  • 51. [51] Pie-Chart and Analysis Sample size =30 How customer take purchase decision while purchasing Microwave Oven Out of 30 respondents 15 customers Purchase through own decision, 9 through peer suggestion, 3 due to brand awareness and rest 3 due to brand loyalty. Inference While purchasing MWO, most of customer’s trusts on self decision and some cosumers believe on peers suggestion. 31% 11% 10% [51] Pie-Chart and Analysis Sample size =30 How customer take purchase decision while purchasing Microwave Oven Out of 30 respondents 15 customers Purchase through own decision, 9 through peer suggestion, 3 due to brand awareness and rest 3 due to brand loyalty. Inference While purchasing MWO, most of customer’s trusts on self decision and some cosumers believe on peers suggestion. 48% 10% Customers Response Own Decision Peer Suggestion Brand Awarnees Brand Lotalty [51] Pie-Chart and Analysis Sample size =30 How customer take purchase decision while purchasing Microwave Oven Out of 30 respondents 15 customers Purchase through own decision, 9 through peer suggestion, 3 due to brand awareness and rest 3 due to brand loyalty. Inference While purchasing MWO, most of customer’s trusts on self decision and some cosumers believe on peers suggestion. Own Decision Peer Suggestion Brand Awarnees Brand Lotalty
  • 52. [52] Pie-Chart and Analysis Sample size =30 Mode of purchasing Microwave Oven Out of 30 respondents 15 customers wants to purchase microwave Oven through exclusive showroom, 8 customers through dealer, and 2 through internet and rest 5 customers want through retailer Inference Most of customers wanted to purchase from exclusive showroom because there is more options for selecting a product also Customers trust more on showroom, some wanted to purchase from dealers’ point because dealers might provide in less price and some liked to buy from retailer and on net. 31% 10% 7% Customers Response [52] Pie-Chart and Analysis Sample size =30 Mode of purchasing Microwave Oven Out of 30 respondents 15 customers wants to purchase microwave Oven through exclusive showroom, 8 customers through dealer, and 2 through internet and rest 5 customers want through retailer Inference Most of customers wanted to purchase from exclusive showroom because there is more options for selecting a product also Customers trust more on showroom, some wanted to purchase from dealers’ point because dealers might provide in less price and some liked to buy from retailer and on net. 52% Customers Response Exclucive Showroom From Dealer Internet Retailer [52] Pie-Chart and Analysis Sample size =30 Mode of purchasing Microwave Oven Out of 30 respondents 15 customers wants to purchase microwave Oven through exclusive showroom, 8 customers through dealer, and 2 through internet and rest 5 customers want through retailer Inference Most of customers wanted to purchase from exclusive showroom because there is more options for selecting a product also Customers trust more on showroom, some wanted to purchase from dealers’ point because dealers might provide in less price and some liked to buy from retailer and on net. Exclucive Showroom From Dealer
  • 53. [53] Pie-Chart and Analysis Sample size =30 How warranty period affect sales of microwave Oven While purchasing microwave Oven 19 customers says warranty period affect very much, 8 customers say till some extant and 3 customers says warranty period doesn’t matter for me. Inference Warranty period too much affects the buying decision; this is perception of most of the people, some think it affect for some extent and some think it does not matter. 27% 10% Customers Response [53] Pie-Chart and Analysis Sample size =30 How warranty period affect sales of microwave Oven While purchasing microwave Oven 19 customers says warranty period affect very much, 8 customers say till some extant and 3 customers says warranty period doesn’t matter for me. Inference Warranty period too much affects the buying decision; this is perception of most of the people, some think it affect for some extent and some think it does not matter. 63% Customers Response Very Much Till Some Extent Doesn't Matter [53] Pie-Chart and Analysis Sample size =30 How warranty period affect sales of microwave Oven While purchasing microwave Oven 19 customers says warranty period affect very much, 8 customers say till some extant and 3 customers says warranty period doesn’t matter for me. Inference Warranty period too much affects the buying decision; this is perception of most of the people, some think it affect for some extent and some think it does not matter. Very Much Till Some Extent Doesn't Matter
  • 54. [54] Existing Customer 1 PRODUCT 90% customer is satisfied with product and 10% are not satisfied. 2 FEATURE 50% Customers buy due to Best Feature, 35% Customers due to Best Quality and rest don’t know. 3 BRAND According to customers IFB washing machines are very popular brand, which provide good quality and user- friendly washing machines. IFB washing machines loaded with wide range of features such as 3D wash, Eco Wash, ring plus, Air Bubble Wash Silver Nano Paddles. 4 Price 80% customer says price of IFB product according to product quality and they are satisfied with IFB pricing strategy. 5 After Sales Service 80% customer is satisfied with services, 10% can’t say and rest 10% are not satisfied.
  • 55. [55] SUMMARY OF FINDINGS  Our survey was confined within Patna only so the outcomes and conclusions are not applicable for the entire state or country.  Our sample size was 50 general customers and, so sampling error might occur or may not be accurate.  Many customers did not entertain us and did not want to disclose their internal information to us.  We had limited time for doing the survey, preparing the reports and completing our projects.  IFB washing machines have not strong presence at dealers have IFB washing machines in their stores.  IFB had wide range of washing machines in both the section to loading as well as front loading washing machines.
  • 56. [56]  IFB had a very strong market share in terms of sales of front loading washing machines as compare to top loading.  The major competitors of IFB washing machines are Samsung & LG but whirlpool & Videocon are future threat for IFB market share.
  • 57. [57] Conclusion  IFB need to create public awareness in market & incurred heavily on promotional activities.  Need to increase number of dealers at Patna, search for new dealers in this region.  IFB try to come up with special customize shop only for IFB products.  Give much concern to exhibition on different location in Patna, where IFB can reach maximum and potential customers.  Need to capture as much display as it can in the stores for batter sales.  Dealer’s discounts and schemes should be maintained to satisfy dealers.
  • 58. [58]  The brand promotional techniques like canopies, activities, free service camps, stage shows etc. should be done more regularly to improve brand awareness.  Brand promotional initiatives like personal relation, direct contact with customers using distribution channel should be done.  Improve the ambience and POP in the stores having IFB’S product so that the customers mind can captured and sales can be promoted.
  • 59. [59] SWOT Analysis of IFB Home appliances Strength  Brand image in Home Appliances Division IFB has a brand image in home appliances division and it is leading market in this segment with the major number of customers of washing machine and microwave oven.  Innovative product The products are actually innovative and new in Indian market so they have a near monopoly in dishwasher a clothes dryer with maximum market share. So it attracts the customers of higher class for mere luxurious life style.  Compatible workforce The company has a compatible work force which works in team to give a new height to the company.  Strong after sales service The company is also providing best after sales service to its customers by the schemes like warranty, annual maintenance contract and extended warranty.  Durability/performance  4 year 100% warranty & 10 year spears part support
  • 60. [60] Weakness  Less brand awareness  Less number of dealers so eventually less availability of IFB’s products.  Less range of products in consumer durables It has less range of products which is not sufficient to capture the whole market. Through some new products are ready to be launch in coming year but also some small consumer durables like iron, water heater, camera etc, Can be added.  Products are for winter season but no product is specially for summer season The product like cloth dryer can be used in winter season mainly which comes just for 2 months in entire year. Such products can only be purchased by north people due to having very less temperature in winter season. There should be some summer products like refrigerator, AC, cooler, water cooler etc. So that it can be purchased in entire year and can capture the whole Indian market.  Less promotional activities There are no promotional activities for the promotion of the products. Even there is not any advertisement which can show the features and variety of products. This is the reason that there are very less sales of hobs and chimneys because people are not aware of its new products.
  • 61. [61] Opportunity  Scope for growth in the rural market IFB still have not covered the rural market of country. As India has its major population in rural areas, the company should focus towards the rural market.  Scope in semi-automatic washing machine segment  Trust by valued and existing customers  IFB has opportunities because expense on white goods is increasing day to day by common people.  The trust in company’s product by valued customers Threats  Aggressive and effective promotional marketing initiatives used by competitors like TV ads, hoardings etc.  Preference of customers and dealers of other brands like LG, SAMSUNG etc. over IFB machine etc.
  • 62. [62] LIMITATION OF THE STUDY Since nobody is perfect in this world, everyone has some limitation. So is the case with this study also. These are the following limitations; a) Due to shortage of time, study was confined to specified areas of Patna. b) Some respondents were hesitant to disclose some information or have given incomplete information. c) There might have been some biased responses, and because of which findings may not be 100 % accurate. d) The information presented may not be accurate due to the lead-time between the time of collection and time of presentation of data.
  • 63. [63] Questionnaire Name………………………………………………………………. Location…………………………………………………………... Phone No................................................................................. Age- (1) 18-28 ( ) (2) 29-39 ( ) (3) 40-50 ( ) (4) Above 50 ( ) Gender - (1) Male ( ) (2) Female ( ) Income- 15000-25000( ) 25000-35000( ) Above 35000( ) Washing Machine 1. Which brand (washing machine) do you want to use? (a) LG (b) IFB (c) Whirlpool (d) Any other...................................................... 2. Which attributes do you look for purchasing washing machine? (a) Quality (b) Feature (c) Brand (d) Any other........................................
  • 64. [64] 3. Which colours of washing machine do you prefer most? (a) Red (b) Silver (c) White (d) Any other Please Specify..................................... 4. Which type of Washing Machine do you like to use? (a) Front Loading (b) Top Loading (c) Semi Automatic 5. Which attributes Influence your purchasing decision for washing machine? (a) Steam wash (b) Air bubble wash (c) Foam Control (d) 3D Wash system 6. Are you aware about Fully Automatic Top Loader/ Front Loader IFB washing machine? (a) Yes (b) No 7. How do you take purchase decision while purchasing washing machine? (a) Own Decision (b) Brand Loyalty (c) Peer suggestion (d) Brand awareness
  • 65. [65] 8. To what extent warranty period and other sales services effect your purchase decision? (a) Very much (b) Till some extent (c) Doesn’t matter 9. Which mode of purchasing would you like to adopt to buy new washing machine? (a) Retailer (b) Online (c) Exclusive showroom (d) Other 10. Who is the decision maker to buy washing machine? (a) Self (b) Husband (c) Wife (d) Any other Please specify............................................. 11. Who is user of washing machine in your family? (a) Wife (b) Maid (c) Other Please Specify.......................................................
  • 66. [66] Questionnaire Name………………………………………………………………. Location…………………………………………………………... Phone No................................................................................. Age- (1) 18-28 ( ) (2) 29-39 ( ) (3) 40-50 ( ) (4) Above 50 ( ) Gender - (1) Male ( ) (2) Female ( ) Income- 15000-25000( ) 25000-35000( ) Above 35000( ) Microwave Oven 1. Which brand do you choose while buying microwave oven? (a) LG (b) IFB (c) Samsung (d) Any other Please specify.......................... 2. Which attributes do you look for purchasing microwave oven? (a) Quality (b) Price (c) Brand (d) Any other........................................
  • 67. [67] 3. Which colours of microwave oven do you prefer most? (a) Red (b) Silver (c) White (d) Any other Please Specify..................................... 4. Which type of microwave oven do you like to use? (a) Solo (b) Grill (c) Convection (d) Solar Dom 5. Which attributes Influence your purchasing decision for microwave oven? (a) Healthy cooking (b) Start-Up Kit (c) More auto cook menu (d) Cookery Classes 6. Are you aware about microwave oven of IFB? (a) Yes (b) No 7. How do you take purchase decision while purchasing microwave oven? (a) Own Decision (b) Brand Loyalty (c) Peer suggestion (d) Brand awareness
  • 68. [68] 8. To what extent warranty period and other after sales services effect your purchase decision? (a) Very much (b) Till some extent (c) Doesn’t matter 9. What mode of purchasing would you like to adopt to buy new microwave oven? (a) Retailer (b) Online (c) Exclusive Showrooms (d) Other 10. Who is the decision maker to buy microwave oven? (a) Self (b) Wife (c) Husband (d) Any other Please specify............................................. 11. Who is user of microwave oven in your family? (a) Wife (b) Maid (c) Mother (d) Other Please Specify......................