This document summarizes a study on consumer behavior towards two-wheeler motor bikes in Hyderabad and Secunderabad. The study aims to analyze the behavioral factors that influence consumers in choosing a particular motor bike brand. A survey was conducted with 100 consumers using a questionnaire to understand personal, cultural, social, and psychological factors that impact their decisions. The findings will help marketers improve their understanding of consumers and better target their marketing strategies.
This document provides an introduction to consumer behavior and its applications. It defines consumer behavior as the study of how individuals, groups, and organizations select, purchase, use, and dispose of products and services. The key points made are:
1) Consumer behavior involves the entire process from pre-purchase research to post-purchase use and disposal.
2) It examines how consumers are influenced by their environment, including culture, family, and media.
3) Studying consumer behavior helps marketers improve their strategies by understanding psychology, decision-making, and how to most effectively reach target consumers.
4) There are four main applications - improving marketing, informing public policy, conducting social marketing, and making consumers more informed decision
Marketers benefit by understanding how consumers take consumption decisions which enables them to formulate suitable marketing strategies. It becomes even more fascinating to gauge consumer behavior drawing insights from various disciplines like psychology, sociology, anthropology and economics. Know more about Consumer Buyer Behaviour in this slide presentation.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit:
http://www.welingkaronline.org/distance-learning/online-mba.html
This Slideshare is the sole Property of the Welingkar School of Distance Learning – Reproduction of this material , without prior consent, either wholly or partially will be treated as a violation of copyright.
External Determinants of Buying BehaviorAstha Chand
The document discusses external determinants of buying behavior including consumer psychographics vs demographics, group dynamics and consumer reference groups, family as consuming unit, and social and cultural influences. It defines key concepts such as reference groups, celebrity endorsements, and types of families. Consumer socialization within families is also summarized, describing how children and adults acquire consumer skills and norms through socialization processes within the family unit.
The document provides information on consumer behavior and marketing research. It discusses key concepts related to consumer characteristics and decision making processes. It also outlines the steps in marketing research including defining problems, developing research plans, using sampling methods, collecting information, and evaluating findings. Various factors that influence consumer behavior are explained such as cultural, social, personal and psychological factors. Different types of consumer buying behavior and decision situations are also covered.
Consumer behavior is the study of how, why, when, and where people buy products. It examines individual and group decision-making processes. Consumer behavior is influenced by internal factors like needs, motives, attitudes as well as external factors like culture, social groups, and the environment. Studying consumer behavior helps businesses better understand customer satisfaction and make strategic decisions around pricing, marketing, and product development. There are different types of consumer behavior depending on factors like a person's involvement in purchase decisions and differences between product options.
Personal influence on consumer behaviorsobiairshadd
Consumer buying behavior is influenced by personal factors such as age, income, personality, and lifestyle. As people age, their tastes and choices change. Income impacts purchasing power and affordability. Consumers often choose brands that match their personality and prefer lifestyles that align with how they spend time and money.
This document discusses various factors that influence consumer buying decisions, including cultural, social, individual, and psychological factors. It covers how culture, social classes, reference groups, family roles, gender, age, personality, motivation, learning, beliefs, and attitudes all shape consumer behavior and purchasing decisions. Marketers must understand these influences in order to design effective marketing strategies that appeal to different consumer segments.
This document discusses different approaches to studying consumer behavior. It begins by explaining the managerial approach, which views consumer behavior as an applied social science to develop marketing strategies. It focuses on individual consumers, their attitudes, perceptions, demographics, and thought processes. There are risks to this approach if it overemphasizes rationality or focuses too much on purchases over consumption. The document then discusses the holistic approach, which views consumer behavior as a legitimate social science focus without direct application to marketing. This approach is more macro-level, focusing on how environmental and cultural factors influence consumption behaviors on a societal level. It emphasizes the symbolic and social aspects of consumption experiences over just purchases.
This document provides an introduction to consumer behavior and its applications. It defines consumer behavior as the study of how individuals, groups, and organizations select, purchase, use, and dispose of products and services. The key points made are:
1) Consumer behavior involves the entire process from pre-purchase research to post-purchase use and disposal.
2) It examines how consumers are influenced by their environment, including culture, family, and media.
3) Studying consumer behavior helps marketers improve their strategies by understanding psychology, decision-making, and how to most effectively reach target consumers.
4) There are four main applications - improving marketing, informing public policy, conducting social marketing, and making consumers more informed decision
Marketers benefit by understanding how consumers take consumption decisions which enables them to formulate suitable marketing strategies. It becomes even more fascinating to gauge consumer behavior drawing insights from various disciplines like psychology, sociology, anthropology and economics. Know more about Consumer Buyer Behaviour in this slide presentation.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit:
http://www.welingkaronline.org/distance-learning/online-mba.html
This Slideshare is the sole Property of the Welingkar School of Distance Learning – Reproduction of this material , without prior consent, either wholly or partially will be treated as a violation of copyright.
External Determinants of Buying BehaviorAstha Chand
The document discusses external determinants of buying behavior including consumer psychographics vs demographics, group dynamics and consumer reference groups, family as consuming unit, and social and cultural influences. It defines key concepts such as reference groups, celebrity endorsements, and types of families. Consumer socialization within families is also summarized, describing how children and adults acquire consumer skills and norms through socialization processes within the family unit.
The document provides information on consumer behavior and marketing research. It discusses key concepts related to consumer characteristics and decision making processes. It also outlines the steps in marketing research including defining problems, developing research plans, using sampling methods, collecting information, and evaluating findings. Various factors that influence consumer behavior are explained such as cultural, social, personal and psychological factors. Different types of consumer buying behavior and decision situations are also covered.
Consumer behavior is the study of how, why, when, and where people buy products. It examines individual and group decision-making processes. Consumer behavior is influenced by internal factors like needs, motives, attitudes as well as external factors like culture, social groups, and the environment. Studying consumer behavior helps businesses better understand customer satisfaction and make strategic decisions around pricing, marketing, and product development. There are different types of consumer behavior depending on factors like a person's involvement in purchase decisions and differences between product options.
Personal influence on consumer behaviorsobiairshadd
Consumer buying behavior is influenced by personal factors such as age, income, personality, and lifestyle. As people age, their tastes and choices change. Income impacts purchasing power and affordability. Consumers often choose brands that match their personality and prefer lifestyles that align with how they spend time and money.
This document discusses various factors that influence consumer buying decisions, including cultural, social, individual, and psychological factors. It covers how culture, social classes, reference groups, family roles, gender, age, personality, motivation, learning, beliefs, and attitudes all shape consumer behavior and purchasing decisions. Marketers must understand these influences in order to design effective marketing strategies that appeal to different consumer segments.
This document discusses different approaches to studying consumer behavior. It begins by explaining the managerial approach, which views consumer behavior as an applied social science to develop marketing strategies. It focuses on individual consumers, their attitudes, perceptions, demographics, and thought processes. There are risks to this approach if it overemphasizes rationality or focuses too much on purchases over consumption. The document then discusses the holistic approach, which views consumer behavior as a legitimate social science focus without direct application to marketing. This approach is more macro-level, focusing on how environmental and cultural factors influence consumption behaviors on a societal level. It emphasizes the symbolic and social aspects of consumption experiences over just purchases.
The document discusses various factors that influence consumer behavior, including internal psychological factors, social factors, cultural factors, economic factors, personal factors, and environmental factors. It provides detailed explanations of each factor and how they shape consumer decisions. Some key internal factors mentioned are motivation, perception, learning, beliefs, attitudes, and personality. Social factors discussed include family, reference groups, roles and status. Cultural influences incorporate culture, subculture and social class.
Consumer Behavior & Marketing Research Nagendra Babu
Books for Reference
Marketing Research – R.Nargundkar
Consumer Behaviour – Schiffman and Kanuk
Marketing Research – Tull, Green and Hawkins
Business Research Methods – Zikmund
Marketing Research – N.K. Malhotra
Marketing Research – Parashuraman, Grewal
Consumer Behaviour – Hoyer Mac Innis
Introduction,
Factors influencing consumer behaviour, Personality, Psychographics, Family, Society, Values of perception, Attitude and life styles,
Different models of consumer behaviour – Economic, Learning, Psychoanalytical, Sociological, Howard Shett, Nicosia, Webster and Wind, Engel, Blackwell and Minard models.
Consumer behavior and factors influencing consumer behaviorWish Mrt'xa
The document discusses factors that influence consumer behavior, including cultural, social, personal, and psychological factors. Cultural factors encompass elements like culture, subcultures, and social classes that shape consumer values and preferences. Social factors include reference groups, family influences, and social roles/status. Personal factors pertain to individual characteristics like age, lifestyle, and income that affect purchasing decisions. Psychological factors are motivations, perceptions, learning, and beliefs/attitudes that drive consumer behavior at a subconscious level. Understanding these various influences is important for analyzing consumer decision-making processes.
This document summarizes key aspects of consumer buying behavior that marketers should understand. It discusses cultural, social, personal, and psychological characteristics that influence consumer decisions. The cultural factors covered are culture, subculture, and social class. Social factors include small groups, family, and roles/status. Personal factors include age, occupation, economic situation, lifestyle, personality, and self-concept. Psychological factors driving motivation, perception, learning, and beliefs/attitudes are also examined. A model of the consumer behavior process is presented involving marketing stimuli, buyer characteristics, decision making, and responses.
This document outlines learning objectives for understanding consumer behavior. It will explain how consumer behavior studies have evolved from disciplines like economics, sociology, psychology, and anthropology. It will also describe how consumer behavior relates to marketing decisions and why relationships are harder in business-to-consumer contexts than business-to-business. Finally, it will provide an overview of the scope and nature of psychology, sociology, and anthropology as they relate to consumer behavior studies.
The document discusses consumer behavior, defining it as the study of how individuals make decisions to spend resources on consumption. Consumer behavior is influenced by internal factors like cognition, affect, and behavior as well as external environmental factors. It is a complex process that marketers must understand in order to effectively segment, target, position, and design products for consumers. The key is providing value to satisfy consumer needs and wants better than competitors. Studying consumer behavior helps marketers analyze opportunities and threats, implement marketing strategies, and improve standards of living through consumption.
This document summarizes various environmental determinants of consumer behavior, including family influences, social class, group dynamics, and reference groups. It discusses how family roles, life stages, and size can impact buying decisions. Social class is defined based on factors like income and education. Group dynamics examines how primary and informal social groups can sway purchases, with friends and coworkers having significant influence. Reference groups that consumers compare themselves to, like normative peers, can encourage conformity through social pressures.
Factors Influence Customer's Buying BehaviourMavlono Uz
The document provides an analysis of various internal and external factors that influence consumer behavior. It discusses cultural factors like culture, subcultures, and social class. It also examines social factors such as reference groups, family, roles and statuses. Personal factors analyzed include age, lifestyle, occupation, and personality. Psychological factors of motivation and perception are also covered. The document uses Kotler's model of consumer behavior and analyzes each factor in 2-3 sentences. It concludes by stating that understanding these influences is important for effective marketing.
The document discusses the concept of buyer behavior and the factors that influence it, including cultural factors like culture and subculture, social factors like reference groups and family, and personal factors like age, occupation, and lifestyle. It also examines psychological factors affecting buyer behavior such as perception, motivation, beliefs, and attitudes. Understanding these influences on buyer behavior is important for marketers to better target customers and develop effective marketing strategies.
The document discusses factors that influence consumer behavior and the consumer buying process. It outlines cultural, social, personal, and psychological factors that shape consumer decisions. These include culture, social class, reference groups, age, personality, and motivations. It also describes the different roles in the buying process, types of buying behavior, and the five stages of the buying decision process: problem recognition, information search, evaluation of alternatives, purchase decision, and post-purchase behavior.
[1] This document provides an introduction to consumer behavior, including definitions of key concepts like consumer and customer.
[2] It discusses factors that influence consumer behavior like culture, social class, personality, and marketing activities. Consumers go through an information search and evaluation process before making a purchase decision.
[3] Marketers analyze the consumer, competition, company, and conditions to understand customer needs and formulate marketing strategies around the 4 P's - product, price, promotion, and place. The goal is to provide superior customer value.
Psychological Influences on Consumer Behaviorbrynagrubbs
"Point of View" slideshare assignment for MRK 2100 at Sinclair Community College discussing the psychological influences on consumer behavior and it's relation to marketing.
This document provides an overview of consumer behavior. It defines consumer behavior and notes it is influenced by factors like culture, social class, psychology, and more. It discusses the different types of consumers like customers, buyers, and institutional buyers. The document also outlines the consumer decision process from obtaining a product to consuming and disposing of it. It explains how understanding consumer behavior can help with marketing by informing market analysis, target selection, and strategy. The document concludes that understanding consumer needs and wants is important for business success.
Consumer behavior study helps identify unmet consumer needs and wants. Examining trends, lifestyles, incomes and influences provides insights. For example, Jio identified the need for low-cost, fast internet. Identifying distinct consumer segments with unique wants and needs enables targeting products to those segments. For instance, studies revealed demand for affordable shampoo sachets. Once needs are known, determining the right product, price, place and promotion mix is important. Patanjali launched ayurvedic FMCG products after identifying consumer preference for herbal items. Understanding consumer behavior also helps social, governmental and nonprofit groups design effective programs to promote causes.
This document discusses a case study analyzing HSBC print ads to understand how motivation and personality influence consumer behavior. The ads are analyzed to see how they relate to HSBC's target market's motivations and personalities. The analysis finds that the ads emphasize HSBC's understanding of local culture, illustrating how culture shapes consumers' motivations and traits. Specifically, the ads appeal to motivations like achievement, power, uniqueness, affiliation, and self-esteem that are linked to consumers' cultural backgrounds. The ads portray HSBC as expert guides on various cultures to build trust and position the bank as knowledgeable and reliable when customers consider financial services.
The document provides an overview of the contents of a consumer behavior course, including 5 modules that cover topics like consumer demographics, consumer decision making processes, influence of groups on consumer behavior, and diffusion of innovations. It also defines key concepts in consumer behavior like needs and wants, and provides a high-level consumer decision making model.
The document discusses the key determinants and processes involved in consumer buying behavior. It defines buying behavior and identifies the main factors that influence it, including cultural, social, personal and psychological factors. It then outlines the five main stages in the buying behavior process: perceived want or desire, information search, evaluation of alternatives, purchase decision, and post-purchase experience and behavior. The document concludes that understanding this buying behavior process is important for marketing management.
Consumer Behaviour _E-Notes-1 (Introduction,Significance,Ethical Marketing,Co...Venkat. P
Introduction and overview to study of Consumer Behaviour – Definition of Consumer Behaviour – Significance – Development of the concept & The discipline of Consumer Behaviour – Marketing impact on Consumers – Marketing ethics and Social Responsibility – Understanding consumer and Market Segments.
Consumer behavior is the study of how consumers make purchase decisions and how firms can influence those decisions. It involves understanding how consumers think, feel, reason, and select between different brands and products. Consumer behavior is influenced by culture, family, and media. Studying consumer behavior helps firms develop effective marketing strategies by gaining insights into why consumers purchase products, when they purchase, and how they prefer to shop. An understanding of consumer behavior allows companies to segment markets, target specific groups, and make appropriate marketing mix decisions regarding product, price, place, and promotion.
Hero MotoCorp aims to become a global enterprise by fulfilling customer needs, setting benchmarks in technology, styling and quality to create brand advocates. It currently has 4 manufacturing facilities in India and aims to reach customers in remote areas through its large sales and service network. The company plans to boost its technological capabilities through a new RD plant, sell 1.2 million units annually by 2020, and expand to new markets as it works to ensure customer and shareholder delight.
This document provides an overview of consumer behavior towards TVS Apache motorcycles. It includes 7 chapters that cover the introduction, history of two wheelers in India, company profile, product details, dealer profile, consumer behavior, survey analysis and findings/suggestions. The introduction discusses objectives of studying consumer attitudes, the scope which is limited to TVS motorcycles in Tarikere, and methodology using primary and secondary research. Chapter 2 discusses the history and development of two wheelers in India and their importance.
Yamaha Motor first established operations in India in 1982 and has since grown to employ 2000 workers across two manufacturing plants. A PESTEL analysis identified several political, economic, social, technological, legal and environmental factors impacting Yamaha's business in India. These include increased fuel prices affecting demand, stricter emission standards, and a growing premium motorcycle segment. Yamaha has shifted strategy to focus on this premium segment and developing new technologies to improve engine performance. However, high competition and costs pose threats.
The document discusses various factors that influence consumer behavior, including internal psychological factors, social factors, cultural factors, economic factors, personal factors, and environmental factors. It provides detailed explanations of each factor and how they shape consumer decisions. Some key internal factors mentioned are motivation, perception, learning, beliefs, attitudes, and personality. Social factors discussed include family, reference groups, roles and status. Cultural influences incorporate culture, subculture and social class.
Consumer Behavior & Marketing Research Nagendra Babu
Books for Reference
Marketing Research – R.Nargundkar
Consumer Behaviour – Schiffman and Kanuk
Marketing Research – Tull, Green and Hawkins
Business Research Methods – Zikmund
Marketing Research – N.K. Malhotra
Marketing Research – Parashuraman, Grewal
Consumer Behaviour – Hoyer Mac Innis
Introduction,
Factors influencing consumer behaviour, Personality, Psychographics, Family, Society, Values of perception, Attitude and life styles,
Different models of consumer behaviour – Economic, Learning, Psychoanalytical, Sociological, Howard Shett, Nicosia, Webster and Wind, Engel, Blackwell and Minard models.
Consumer behavior and factors influencing consumer behaviorWish Mrt'xa
The document discusses factors that influence consumer behavior, including cultural, social, personal, and psychological factors. Cultural factors encompass elements like culture, subcultures, and social classes that shape consumer values and preferences. Social factors include reference groups, family influences, and social roles/status. Personal factors pertain to individual characteristics like age, lifestyle, and income that affect purchasing decisions. Psychological factors are motivations, perceptions, learning, and beliefs/attitudes that drive consumer behavior at a subconscious level. Understanding these various influences is important for analyzing consumer decision-making processes.
This document summarizes key aspects of consumer buying behavior that marketers should understand. It discusses cultural, social, personal, and psychological characteristics that influence consumer decisions. The cultural factors covered are culture, subculture, and social class. Social factors include small groups, family, and roles/status. Personal factors include age, occupation, economic situation, lifestyle, personality, and self-concept. Psychological factors driving motivation, perception, learning, and beliefs/attitudes are also examined. A model of the consumer behavior process is presented involving marketing stimuli, buyer characteristics, decision making, and responses.
This document outlines learning objectives for understanding consumer behavior. It will explain how consumer behavior studies have evolved from disciplines like economics, sociology, psychology, and anthropology. It will also describe how consumer behavior relates to marketing decisions and why relationships are harder in business-to-consumer contexts than business-to-business. Finally, it will provide an overview of the scope and nature of psychology, sociology, and anthropology as they relate to consumer behavior studies.
The document discusses consumer behavior, defining it as the study of how individuals make decisions to spend resources on consumption. Consumer behavior is influenced by internal factors like cognition, affect, and behavior as well as external environmental factors. It is a complex process that marketers must understand in order to effectively segment, target, position, and design products for consumers. The key is providing value to satisfy consumer needs and wants better than competitors. Studying consumer behavior helps marketers analyze opportunities and threats, implement marketing strategies, and improve standards of living through consumption.
This document summarizes various environmental determinants of consumer behavior, including family influences, social class, group dynamics, and reference groups. It discusses how family roles, life stages, and size can impact buying decisions. Social class is defined based on factors like income and education. Group dynamics examines how primary and informal social groups can sway purchases, with friends and coworkers having significant influence. Reference groups that consumers compare themselves to, like normative peers, can encourage conformity through social pressures.
Factors Influence Customer's Buying BehaviourMavlono Uz
The document provides an analysis of various internal and external factors that influence consumer behavior. It discusses cultural factors like culture, subcultures, and social class. It also examines social factors such as reference groups, family, roles and statuses. Personal factors analyzed include age, lifestyle, occupation, and personality. Psychological factors of motivation and perception are also covered. The document uses Kotler's model of consumer behavior and analyzes each factor in 2-3 sentences. It concludes by stating that understanding these influences is important for effective marketing.
The document discusses the concept of buyer behavior and the factors that influence it, including cultural factors like culture and subculture, social factors like reference groups and family, and personal factors like age, occupation, and lifestyle. It also examines psychological factors affecting buyer behavior such as perception, motivation, beliefs, and attitudes. Understanding these influences on buyer behavior is important for marketers to better target customers and develop effective marketing strategies.
The document discusses factors that influence consumer behavior and the consumer buying process. It outlines cultural, social, personal, and psychological factors that shape consumer decisions. These include culture, social class, reference groups, age, personality, and motivations. It also describes the different roles in the buying process, types of buying behavior, and the five stages of the buying decision process: problem recognition, information search, evaluation of alternatives, purchase decision, and post-purchase behavior.
[1] This document provides an introduction to consumer behavior, including definitions of key concepts like consumer and customer.
[2] It discusses factors that influence consumer behavior like culture, social class, personality, and marketing activities. Consumers go through an information search and evaluation process before making a purchase decision.
[3] Marketers analyze the consumer, competition, company, and conditions to understand customer needs and formulate marketing strategies around the 4 P's - product, price, promotion, and place. The goal is to provide superior customer value.
Psychological Influences on Consumer Behaviorbrynagrubbs
"Point of View" slideshare assignment for MRK 2100 at Sinclair Community College discussing the psychological influences on consumer behavior and it's relation to marketing.
This document provides an overview of consumer behavior. It defines consumer behavior and notes it is influenced by factors like culture, social class, psychology, and more. It discusses the different types of consumers like customers, buyers, and institutional buyers. The document also outlines the consumer decision process from obtaining a product to consuming and disposing of it. It explains how understanding consumer behavior can help with marketing by informing market analysis, target selection, and strategy. The document concludes that understanding consumer needs and wants is important for business success.
Consumer behavior study helps identify unmet consumer needs and wants. Examining trends, lifestyles, incomes and influences provides insights. For example, Jio identified the need for low-cost, fast internet. Identifying distinct consumer segments with unique wants and needs enables targeting products to those segments. For instance, studies revealed demand for affordable shampoo sachets. Once needs are known, determining the right product, price, place and promotion mix is important. Patanjali launched ayurvedic FMCG products after identifying consumer preference for herbal items. Understanding consumer behavior also helps social, governmental and nonprofit groups design effective programs to promote causes.
This document discusses a case study analyzing HSBC print ads to understand how motivation and personality influence consumer behavior. The ads are analyzed to see how they relate to HSBC's target market's motivations and personalities. The analysis finds that the ads emphasize HSBC's understanding of local culture, illustrating how culture shapes consumers' motivations and traits. Specifically, the ads appeal to motivations like achievement, power, uniqueness, affiliation, and self-esteem that are linked to consumers' cultural backgrounds. The ads portray HSBC as expert guides on various cultures to build trust and position the bank as knowledgeable and reliable when customers consider financial services.
The document provides an overview of the contents of a consumer behavior course, including 5 modules that cover topics like consumer demographics, consumer decision making processes, influence of groups on consumer behavior, and diffusion of innovations. It also defines key concepts in consumer behavior like needs and wants, and provides a high-level consumer decision making model.
The document discusses the key determinants and processes involved in consumer buying behavior. It defines buying behavior and identifies the main factors that influence it, including cultural, social, personal and psychological factors. It then outlines the five main stages in the buying behavior process: perceived want or desire, information search, evaluation of alternatives, purchase decision, and post-purchase experience and behavior. The document concludes that understanding this buying behavior process is important for marketing management.
Consumer Behaviour _E-Notes-1 (Introduction,Significance,Ethical Marketing,Co...Venkat. P
Introduction and overview to study of Consumer Behaviour – Definition of Consumer Behaviour – Significance – Development of the concept & The discipline of Consumer Behaviour – Marketing impact on Consumers – Marketing ethics and Social Responsibility – Understanding consumer and Market Segments.
Consumer behavior is the study of how consumers make purchase decisions and how firms can influence those decisions. It involves understanding how consumers think, feel, reason, and select between different brands and products. Consumer behavior is influenced by culture, family, and media. Studying consumer behavior helps firms develop effective marketing strategies by gaining insights into why consumers purchase products, when they purchase, and how they prefer to shop. An understanding of consumer behavior allows companies to segment markets, target specific groups, and make appropriate marketing mix decisions regarding product, price, place, and promotion.
Hero MotoCorp aims to become a global enterprise by fulfilling customer needs, setting benchmarks in technology, styling and quality to create brand advocates. It currently has 4 manufacturing facilities in India and aims to reach customers in remote areas through its large sales and service network. The company plans to boost its technological capabilities through a new RD plant, sell 1.2 million units annually by 2020, and expand to new markets as it works to ensure customer and shareholder delight.
This document provides an overview of consumer behavior towards TVS Apache motorcycles. It includes 7 chapters that cover the introduction, history of two wheelers in India, company profile, product details, dealer profile, consumer behavior, survey analysis and findings/suggestions. The introduction discusses objectives of studying consumer attitudes, the scope which is limited to TVS motorcycles in Tarikere, and methodology using primary and secondary research. Chapter 2 discusses the history and development of two wheelers in India and their importance.
Yamaha Motor first established operations in India in 1982 and has since grown to employ 2000 workers across two manufacturing plants. A PESTEL analysis identified several political, economic, social, technological, legal and environmental factors impacting Yamaha's business in India. These include increased fuel prices affecting demand, stricter emission standards, and a growing premium motorcycle segment. Yamaha has shifted strategy to focus on this premium segment and developing new technologies to improve engine performance. However, high competition and costs pose threats.
I this case study of Royal Enfield Branding you will learn how the Motor cycle brand come up with the best marketing strategy and achieve the great success.
The document discusses nonfiction books and the Dewey Decimal Classification system used to organize books in libraries. It provides examples of call numbers for nonfiction books on various subjects like Asia, China, cooking, and more. It also includes an activity for students to sort book call numbers into fiction and nonfiction sections.
The document discusses using cell phones and mobile devices for educational purposes in the classroom. It describes several interactive activities using cell phones, such as students taking quizzes and polls on their phones. The presentation provides examples of using text messaging and multimedia messaging to engage students and provide feedback. It also discusses the benefits of mobile learning, such as assessing students' knowledge in a more engaging way and using tools that students already use regularly.
The document discusses the organization and structure of the periodic table. It explains that the periodic table is arranged by increasing atomic number and that new rows are added to accommodate elements with repeating properties in each column. It then discusses various models that describe the structure of atoms, including the Bohr model, quantum mechanical model, electron shells, orbitals, and electron configurations.
This 3 line document discusses moving a chat message to tasks and finds gestures to be an interesting feature. It appears to be instructions on using gestures in an application to transfer a chat message into a tasks list. The key details are moving a message between two lists and a positive comment on gestures.
How to Create Killer Emails that Make Readers Love YouJustin Premick
OK, so you're building your email list. Now what? How do you turn a group of people you've never met into a loyal following that will buy your products and spread your message? View this presentation to learn how to build powerful, profitable relationships with your subscribers from Day 1.
Defining the role of packaging as part of the online shopping experience
For more white papers and webinars, go to http://www.sldesignlounge.com
Or visit us at http://www.sld.com
A chemical bond is a force that holds atoms together, causing them to function as a single unit. There are three main types of bonds: ionic bonds, polar covalent bonds, and covalent bonds. Ionic bonds form between a metal and nonmetal when electrons are transferred from one atom to the other, creating oppositely charged ions. Polar covalent bonds involve the unequal sharing of electrons between two nonmetals. Covalent bonds equally share electrons between two nonmetals. Bonds are important because they determine how atoms interact and undergo chemical reactions.
A group of boys were on a plane at the San Juan Airport in Puerto Rico, getting ready to fly to the British Virgin Islands. They were excited and looking forward to their trip. One of the boys, Matt, received congratulations for being part of the Para Pirates in 201X.
The document discusses electrical current, resistance, and power. It defines current as the rate of flow of electrical charge and discusses its units. It defines power as the rate at which work is done or energy is transferred, and discusses its relationship to current and voltage. It also defines resistance as the opposition to current flow and discusses how it depends on various material properties and how it relates to current and voltage using Ohm's Law.
Este documento presenta una lista de servicios de diseño gráfico y desarrollo web que incluyen logotipos, marcas, folletos, volantes, sitios web, diseño de piezas de aplicación, personajes, aplicaciones móviles y piezas de difusión. También menciona otros proyectos y facturación.
Live Hive Systems received press coverage from NBC Olympics and major Canadian newspapers the Toronto Star and Globe and Mail for its work providing real-time statistical analysis of Olympic events using nanotechnology. The NBC Olympics press release and newspaper articles profiled Live Hive Systems' nanotechnology solutions for gathering and analyzing data from Olympic competitions.
Hurricane Gustav caused damage across Cuba in late August 2008, destroying homes and infrastructure but causing no reported deaths. In the capital of Isla de la Juventud, a ferry was overturned by Gustav's winds. Residents returned to find flooded homes and washed out roads after Gustav passed through western Cuba. People were seen making repairs to roofs and cleaning up debris left behind by the powerful storm.
The document outlines the contents and structure of a study on consumer purchase behavior of ADD Gel pen brands. It contains 5 chapters: introduction, literature review, company and brand profile, data analysis, and conclusions. The introduction describes the study's objectives to understand consumer attitudes, market share, and buying patterns of ADD Gel pens. The literature review covers marketing theories relevant to the study. The company profile section gives background on ADD Pens Ltd and their Gel pen brands. Data analysis of a 100 customer survey is presented along with interpretations. Key conclusions recommend improving advertising, styles, prices, and refill consistency to increase sales against competitors.
The document discusses various topics related to consumer behaviour including:
1) Consumer behaviour involves studying how and why people make buying decisions. It looks at individual and group decision making processes.
2) Segmenting the market involves dividing consumers into groups based on characteristics like demographics, behaviours, and geographic location. This allows companies to target specific groups.
3) Factors that influence consumer behaviour include psychological, social, cultural, personal and economic factors. Understanding these factors is important for developing marketing strategies.
This document discusses different models of consumer buying behavior:
1. Cultural, social, and personal factors influence consumer decisions and purchases. Cultural factors include subcultures and social classes, while social factors include reference groups, family, and social roles. Personal factors include age, lifestyle, purchasing power, and personality.
2. Economic models view consumers as rationally allocating resources to maximize utility based on price, substitution, and income effects. However, these models fail to fully explain actual consumer behavior.
3. Psychological and learning models examine how motivation, perception, attitudes, and learning shape choices. Marketers can promote product associations to positively reinforce consumers.
4. Sociological models view consumers as influenced by and influencing the
The document discusses key aspects of understanding customer behavior:
1) Businesses try to understand who buys their products, how, when, where, and why to better respond to customer needs and wants.
2) Understanding customer responses to different marketing mix elements can provide a competitive advantage if done better than competitors.
3) Customer behavior analysis studies characteristics and influences on customers to understand their decision making process from an individual and group perspective.
Unit 3 consumer behaviour (for sa1 ) - Class 11 - CBSE - 2016/17Lovell Menezes
The document discusses the importance of studying consumer behavior for marketers. It defines consumer behavior and outlines its scope. Understanding consumer behavior helps marketers 1) design better products that meet consumer needs, 2) make products available at the right place and time, 3) design promotional programs aimed at the right individuals, 4) ensure information is available through appropriate media, and 5) make better pricing decisions based on consumer values and competitors. Studying why consumers have certain preferences is key to exploiting opportunities and meeting challenges in the market.
Consumer behavior refers to how individuals select, purchase, use, and dispose of goods and services. It is influenced by cultural, social, personal, and psychological factors. Understanding consumer behavior allows businesses to develop effective marketing strategies. The scope of consumer behavior is broad and includes product development, pricing, promotion, distribution, and other marketing activities. Studying consumer behavior helps businesses understand customer needs, create suitable products and services, enhance customer satisfaction, and identify opportunities for growth. Businesses can apply insights from consumer behavior research to decisions around target markets, marketing mix, and designing strategies for social and nonprofit organizations.
Understanding consumer behavior is important for businesses to develop effective marketing strategies. Consumer behavior involves how individuals select, purchase, use, and dispose of products and services. It is influenced by cultural, social, personal, and psychological factors. Businesses can use consumer behavior insights across their marketing mix - in product development, pricing, promotion, and distribution. Analyzing consumer behavior helps businesses understand customer needs, create resonant messaging, identify growth opportunities, and enhance customer satisfaction.
This document provides an overview of buyer behavior and consumer behavior concepts. It defines consumer behavior as the study of how consumers select, buy, use, and dispose of goods and services. Understanding consumer behavior is important for businesses for several reasons, including shaping organizational fortunes, regulating consumption, developing marketing strategies, and formulating production policies. The document also discusses different types of consumer behaviors such as complex buying behavior, dissonance reduction behavior, variety seeking behavior, and habitual buying behavior. Overall, the key points are that consumer behavior research is important for marketing management and product development to understand customers' needs and provide satisfactory goods and services.
1. The document provides an overview of key concepts in consumer behavior and its applications to marketing strategy.
2. It defines consumer behavior as the study of how individuals select, purchase, use, and dispose of products and services.
3. Understanding consumer behavior helps firms improve their marketing strategies by providing insights into how consumers think, are influenced, make decisions, and process information.
Consumer behaviour is the study of how consumers make decisions to spend their available resources (time, money, effort) on consumption-related items. It examines how emotions, attitudes and preferences affect buying behavior. Understanding consumer behaviour is important for marketers to design effective strategies. The document discusses the consumer decision process, factors that influence consumer behaviour like culture and marketing activities, and how segmentation and targeting are used to develop marketing strategies tailored for specific consumer groups.
This document provides an overview of a course on consumer behaviour. It defines consumer behaviour and discusses the meaning and dimensions of consumer behaviour, which include psychology, sociology, social psychology, and cultural anthropology. It also outlines the stages of the consumer decision making process, types of consumer choices, attitudes, experiential choices, and the influence of the social environment. Finally, it discusses applications of understanding consumer behaviour, such as analysing market opportunities, selecting target markets, determining the appropriate marketing mix, and using consumer insights for social and non-profit marketing.
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International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online
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This document provides an overview of a course on consumer behavior. It discusses the objectives of understanding consumer decision making and key concepts like defining consumer behavior and its scope. It also explains the importance of studying consumer behavior to help companies develop effective marketing strategies by understanding customers' needs and buying patterns. Finally, it outlines the three main stages of the consumer buying process: pre-purchase, purchase, and post-purchase.
This document discusses marketing and consumer behavior from several perspectives. It begins by defining marketing management and noting that it is both a science and an art. It then discusses the various factors that influence consumer behavior, including cultural, social, personal, psychological factors. It also outlines the consumer buying process and different types of consumer buying behavior. Specifically, it discusses the stages of need recognition, information search, evaluation of alternatives, purchase decision, and post-purchase evaluation. Overall, the document provides a comprehensive overview of key concepts in marketing and consumer behavior.
The document provides an overview of the contents of a consumer behavior course, including 5 modules that cover topics like consumer demographics, motivation, attitudes, group dynamics, and the diffusion of innovations. It also defines consumer behavior as the mental and physical activities undertaken by customers that result in decisions to purchase and use products and services. Key aspects of the consumer decision making process are outlined, including need recognition, information search, evaluation of alternatives, purchase, and post-purchase evaluation.
The document provides an overview of consumer behavior. It discusses consumer behavior as an interdisciplinary field that examines how internal and external forces influence individuals' acquisition, consumption, and disposal of goods and services. Some key points:
1. Consumer behavior is influenced by cognition, affect, and behavior and involves pre-purchase evaluation, purchase, and post-purchase experience.
2. It is studied using perspectives from economics, psychology, sociology and other fields and examines how individual and environmental factors shape consumption.
3. Understanding consumer behavior helps marketers design effective marketing strategies by analyzing customer needs and the market environment.
The document provides an overview of consumer behavior. It discusses consumer behavior as an interdisciplinary field that examines how internal and external factors influence consumers' decision making processes. Some key points:
1. Consumer behavior analyzes how cognition, affect, and behavior interact during the consumption process and is influenced by individual and environmental determinants.
2. Studying consumer behavior helps marketers design effective marketing strategies by understanding customers' needs and the factors that influence their choices.
3. Consumer behavior involves a dynamic exchange process between buyers and sellers and can be studied at both the individual and group levels.
3 module Marketing Management university of Mysore Dr UMA K
This document provides an overview of Module 3 which covers buyer behavior and influencing factors. It begins with definitions of key concepts like consumer, buyer behavior, and factors that influence consumer decisions. Cultural factors like values, beliefs and customs shape needs and wants. Social factors such as reference groups, family, and roles/status also impact consumer behavior. Understanding these internal and external factors is important for marketers to satisfy consumer needs through effective product offerings and marketing strategies. The document then discusses types of consumer behavior and the need to study consumer behavior to aid in business success.
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1. C.B.T.T.W.M.B. 1
CONSUMERS BEHAVIOUR TOWARDS
TWO-WHEELER MOTOR BIKES.
DR. K. MALLIKARJUNA REDDY
Associate Professor,Department of Business Management,
Osmania University, Hyderabad
ABSTRACT of these factors help the consumer in
decision making further Psychological
The marketing concept is factors that as individual consumer
consumer oriented and the emphasis needs, motivations, perceptions
is more on the consumer rather than attitudes, the learning process
on the product. The essence of personality characteristics are the
modern marketing lies in building of similarities, which operate across the
profit along with creating different types of people and
meaningful value satisfaction for the influence their behavior.
costumers, whose needs and desires
have to be coordinated with the set There are four major factors
of products and production which influences on the buying
programmes. Therefore, marketing behavior of consumer.
success an enterprise depends as its
1. Cultural factors
ability to create a community of
satisfied consumers. All the business 2. Social factors
activities should be carried out in 3. Personal factors
ways which are directed towards the 4. Psychological factors
satisfaction of the consumer needs.
So a study had been conducted
Consumer behavior is affected on “Consumer Behaviour Towards
by a host of variables ranging from Two-Wheeler Motor Bikes” in the
personal, professional needs, twin cities i.e. Hyderabad and
attitudes and values, personality Secunderabad with a sample of 100
characteristics, social economic and consumers by selecting two wheeler
cultural background, age, gender, motor bikes i.e. Hero Honda, Yamaha,
professional status to social and TVS bikes and data had been
influences of various kinds exerted a collected through structured
family, friends, colleagues, and questionnaire.
society as a whole. The combination
2. 2 Osmania Journal of Management
Marketing starts with the satisfaction of the consumer needs.
consumers and ends with the
A consumer decision to purchase
consumer. Satisfaction of the
a particular brand of motor cycle
consumers becomes the most
consumers result to complex
important goal of a business
interplay of a consumer variables the
enterprise. The effort to ensure
starting point for the company
consumer satisfaction lies in
provides the decision process
understanding the consumer, his likes
marketing stimuli in shape of brand,
dislikes, his expectations and
promotion, price and distribution
motivation.
strategy. The potential consumer
An analysis of the consumer’s along with other stimuli already
behavior in terms of consumer exciting receives the marketing
consumption patterns, consumer stimuli in the environment. The
preferences, consumer motivation, stimuli my social economic, cultural,
consumer buying process and shopping technological and political in nature.
behavior is very much helpful to
formulate a firm’s marketing strategy.
MAJOR FACTORS
So the ultimate objective of a INFLUENCING BUYING
business firm is to create a consumer BEHAVIOR:
who is said to be pivot around whom
the entire business of a firm revolve. Consumer behavior is affected
by a host of variables ranging from
Thus the marketing concept is personal, professional needs,
consumer oriented and the emphasis attitudes and values, personality
is more on the consumer rather than characteristics, social economic and
on the product. The essence of cultural background, age, gender,
modern marketing lies in building of professional status to social
profit along with creating influences of various kinds exerted a
meaningful value satisfaction for the family, friends, colleagues, and
costumers, whose needs and desires society as a whole. The combination
have to be coordinated with the set of these factors help the consumer in
of products and production decision making further Psychological
programmes. Therefore, marketing factors that as individual consumer
success an enterprise depends as its needs, motivations, perceptions
ability to create a community of attitudes, the learning process
satisfied consumers. All the business personality characteristics are the
activities should be carried out in similarities, which operate across the
ways which are directed towards the different types of people and
3. C.B.T.T.W.M.B. 3
influence their behavior. PERSONAL FACTORS:
There are four major factors Buyer’s decisions are also
which influences on the buying influenced by personal
behavior of consumer. characteristics, the buyers’ age, life
cycle stages, occupation, economic
1. Cultural factors
circumstances, lifestyle and
2. Social factors personality and self-concept.
3. Personal factors
4. Psychological factors PSYCHOLOGICAL FACTORS :
1.Cultural factors: ‘Abraham Mallows’ needs can
be ranked in order of importance
Consumer behavior cultural can
from the low biological needs to the
be defined as the some total of learned
higher levels of psychological needs.
belief, values and customs that serve
to guide and direct the consumer MASLOW’S hierarchy of human
behavior of all members of that needs make us understand consumer
society. motivation. It is useful for the
marketer who can identify what
Cultural is a learned through the
generic level need this brand is
following three ways:-
capable fulfilling and accordingly
1. Formal learning position his brand up with relevant
2. Informal learning marketing inputs. Brands such as
food and clothes are bought to fulfill
3.Technical learning.
psychological needs.
Cultural is a most fundamental
determinant person’s wants and
behavior, the growing child acquires
a set of values, perceptions,
preferences and behavior, through his
family and key institutions.
2.Social factors:
Consumer behavior is also influenced
by such social factors as reference
groups, family and social roles and
status.
4. 4 Osmania Journal of Management
Consumer Behavior is Product-Person-Situation-Specific.
Personal
Characteristics M
Consumer S
Behaviour
Pro
Ch
Consumption
Situation
Source: Roger, et al., A Consumer Behaviour: Implications for Marketing Strategy Business,
Publications Inc., Texas, 1986, P.8.
OBJECTIVES OF THE STUDY to a sample of 100 consumers selected
from twin cities i.e., Hyderabad and
1) To study the behavioral factors of Secunderabad the Questionnaire was
consumers in motor bikes.
pre-Designed and pre-tested before it
2) To analyze the impact of was administered.
behavioral factors of consumers
on choosing particular brand of Secondary Data :
motor bike.
Secondary data was collected
3) To suggest various factors to through various publications of
improve sales. newspapers, magazines, books and
magazines websites of Hero Honda,
4) To study the consumers’ opinion
and TVS bikes.
of their motor bikes regarding its
features like appearance, mileage,
Sample Design :
price etc.,
A total of 100 consumers were
RESEARCH METHODOLOGY selected from the twin cities of
Hyderabad and Secunderabad for
Source of Data: this study to analyze the consumers
Primary Data: behaviour with reference to select
The primary data collected motor bikes i.e., Hero Honda,
through questionnaires administered Yamaha, and TVS bike.
5. C.B.T.T.W.M.B. 5
Awareness of Brand Motor Bikes:
Regarding awareness of the brand motor bikes, above table indicates that
the advertisement for Hero Honda bikes are 45 respondents where as the lowest
is the 25. But family members are 10 respondents and for Yamaha is 5
respondents. Whereas from friends 40 respondents are Yamaha and also 25
for brand name.
After Sales Service:
S.No. Name of the Bike Good Very g
1 Hero Honda 30 50
2 Yamaha 45 35
3 TVS Bikes 25 15
S.No. Regarding after sales service of motor bikes, 50 respondents have
Name of the Advertisement Family F
Bike responded very good formembers followed by Yamaha with 45 respondents
service,
1 Hero stating good.
Honda 45 10 3
2 Yamaha 30 5 4
3 TVS Bikes of Respondents:
Age 25 25 3
S.No. Name of the Bike Below 30 yrs. 30-50 y
1 Hero Honda 40 45
2 Yamaha 45 30
3 TVS Bikes 35 45
Regarding the age of respondents, most of the respondents are below 30
years of age and chosen for Yamaha bikes, whereas 40 chosen for Hero Honda,
but whereas in the age group of 30-50, 45 respondents chosen for Hero Honda,
for Yamaha it is only 30 respondents Respondents above 50 years of age have
preferred Yamaha bikes. The least is Hero Honda with 15 respondents.
Satisfaction of Motor Bikes:.
S.No. Name of the Bike Yes No
1 Hero Honda 80 20
2 Yamaha 85 15
3 TVS Bikes 65 35
6. 6 Osmania Journal of Management
Regarding satisfaction of motor bikes 85 respondents have stated that
Yamaha satisfaction is highest and the lowest is for TVS bikes i.e. 65.
Sales by Design/Style/Model of Motor Bikes:
S.No. Name of the Bike Yes No
1 HeroHonda 35 65
2 Yamaha 60 40
3 TVS Bikes 30 70
35 respondents purchase the Hero Honda Bike due to acceptance of
design/style/model, whereas 45 respondents do so for Yamaha and only 20
respondents opted for TVS Bike following acceptance of the bikes design, etc.
followed by Hero Honda and TVS.This shows that the sales of Yamaha motor
bike are more by way of its design/style/model.
Sales by Mileage of Motor Bikes:
S.No Name of the Bike Yes
1 Hero Honda 40
2 Yamaha 60
3 TVS Bikes 15
As far as mileage per litre of petrol is concerned, Hero Honda is ruling the
market and finding favour with the consumers. Yamaha and TVS are far below
the expectations of the consumers based on mileage per litre of petrol. This is
also due to constant advertisements through newspapers, TV, Cable TV,
hoardings, road shows, etc. Hero Honda attained supremacy due to mileage
factor. In these hard days of price increases and poor incomes, every one is
concerned with economic use of vehicles. Naturally Hero Honda has become
favourite of the masses.
Sales by Occupation
Employees Students
Hero Honda 30 60
Yamaha 15 40
TVS Bikes 40 50
As we can see, 60% of the purchasers of Hero Honda are the students,
while 40% of the purchasers of TVS are the employees. That means Hero
Honda bike is more popular with the students, TVS is more popular with the
employees. Whereas Businessmen are opting for Yamaha as the above data
shows 45% of the purchasers of Yamaha are the Businessmen.
7. C.B.T.T.W.M.B. 7
Sales by Speed of Bikes:
S.No. Name of the Bike Yes
1 Hero Honda 35
2 Yamaha 50
3 TVS Bikes 25
Out of 100 respondents, 50 respondents have stated that sales of Yamaha
is due to its speed followed by Hero Honda for which 35 respondents spoke in
favour based on its speed feature.
Sales By Price of Bikes :
S.No Name of the Bike High Medium
1 Hero Honda 15 45
2 Yamaha 55 35
3 TVS Bikes 15 40
Regarding sales by price of bikes, highest is 55 respondents opined that
the price is high for Yamaha bikes, medium is 45 respondents opined for Hero
Honda bikes. 45 respondents have stated that TVS bikes are averagely priced.
Sales by Technology :
S.No Name of the Bike High Medium
1 Hero Honda 55 40
2 Yamaha 65 25
3 TVS Bikes Nil 40
45 respondents have voted for Yamaha based on its superior technology
compared to Hero Honda for which 40 respondents voted favourably based
on its technology. This shows that Yamaha technology is marginally superior
compared to Hero Honda. TVS is a poor third with 15 respondents voting for
it, as far as technology feature is concerned.
FINDINGS & CONCLUSIONS:
The research done on the competitor strategies of motorcycles left us with
a number of findings. All these findings and conclusions are basically drawn
from the questionnaires, which are filled by the respondents in person.
Regarding awareness of the brand motor bikes, above table indicates that
the advertisement for Hero Honda bikes are 45 respondents where as the lowest
8. 8 Osmania Journal of Management
is the 25. But family members are 10 of design/style/model, whereas 45
respondents and for Yamaha is 5 respondents do so for Yamaha and
respondents. Whereas from friends only 20 respondents opted for TVS
40 respondents are Yamaha and also Bike following acceptance of the bikes
25 for brand name. design, etc. followed by Hero Honda
and TVS.This shows that the sales of
Regarding after sales service of
Yamaha motor bike are more by way
motor bikes, 50 respondents have
of its design/style/model.
responded very good for service,
followed by Yamaha with 45 As far as mileage per litre of
respondents stating good. petrol is concerned, Hero Honda is
ruling the market and finding favour
Regarding sales by price of bikes,
with the consumers. Yamaha and
highest is 55 respondents opined that
TVS are far below the expectations
the price is high for Yamaha bikes, of the consumers based on mileage
medium is 45 respondents opined for
per litre of petrol. This is also due to
Hero Honda bikes. 45 respondents
constant advertisements through
have stated that TVS bikes are newspapers, TV, Cable TV,
averagely priced.
hoardings, road shows, etc. Hero
Regarding the age of Honda attained supremacy due to
respondents, most of the respondents mileage factor. In these hard days of
are below 30 years of age and chosen price increases and poor incomes,
for Yamaha bikes, whereas 40 chosen every one is concerned with
for Hero Honda, but whereas in the economic use of vehicles. Naturally
age group of 30-50, 45 respondents Hero Honda has become favourite of
chosen for Hero Honda, for Yamaha the masses.
it is only 30 respondents
As we can see, 60% of the
Respondents above 50 years of age
purchasers of Hero Honda are the
have preferred Yamaha bikes. The
students, while 40% of the
least is Hero Honda with 15
purchasers of TVS are the employees.
respondents.
That means Hero Honda bike is more
Regarding satisfaction of motor popular with the students, TVS is
bikes 85 respondents have stated that more popular with the employees.
Yamaha satisfaction is highest and Whereas Businessmen are opting for
the lowest is for TVS bikes i.e. 65. Yamaha as the above data shows 45%
of the purchasers of Yamaha are the
35 respondents purchase the Businessmen
Hero Honda Bike due to acceptance
9. Out of 100 respondents, 50 4. A vast majority of the respondents
respondents have stated that sales of felt the design of Hero Honda bikes
Yamaha is due to its speed followed should be changed so as to attract
by Hero Honda for which 35 the customers.
respondents spoke in favour based on
5. The bikes recently introduced by
its speed feature.
Hero Honda are mostly
45 respondents have voted for concerned about youth. So, they
Yamaha based on its superior should also consider middle-aged
technology compared to Hero Honda people while manufacturing.
for which 40 respondents voted
favourably based on its technology. 6. Some of the respondents felt that
the price of Yamaha is high and it
This shows that Yamaha technology
should be decreased so as to
is marginally superior compared to
Hero Honda. TVS is a poor third with attract more customers.
15 respondents voting for it, as far as
technology feature is concerned. REFERENCES:
1. Hawkins D.I.Best, R.J. and Convey,
SUGGESTIONS /
K.A. Consumer Behaviour : Implications
RECOMMENDATIONS:
for Marketing Strategy, (Rev.ed),
After analyzing the findings, the Business Publications, Inc. Texas, 2001.
following suggestions have been 2. Howard John H., and Sheth,
prepared. Great care has been taken Jagdish N., The Theory of Buyers
in making these suggestions for the Behaviour, John Wiley and Sons Inc.,
improvement of consumers opinion. New York, 2000.
3. Karsarjian H.H. and Robertson T.S.
1. There is a heavy demand for Hero
Perspectives in Consumer Behaviour,
Honda motorcycles in the market,
SCOH Forman & Company, Illinois,
so their supply has to be
2001.
drastically improved so as to meet
the demand of the customer. 4. Kotler Philip, Marketing
Management, analysis, planning
2. Some of the respondents are implementation and control, Prentice
suggested to improve the mileage Hall of India Publishing, New
of Yamaha and TVS Bikes. Delhi.2002.
3. A considerable number of respondents Schiffman G.Leon., Consumer
opined that there is a need to improve Behaviour, Prentice Hall of India Pvt.
the technology of TVS bikes. Ltd., New Delhi 2001.