Consumerism and Product Quality is a hot topic now. Product Quality affects the buyer behaviour to a large extent. Consumers are concerned about quality these days and are even shifting to green consumerism.
Introduction to Economics II Chapter 28 Unemployment (1).pdf
Consumerism and Product Quality
1.
2. INTRODUCTION
Product Quality:
Features that have a capacity to meet consumer
needs and gives customer satisfaction by
improving products and making them free from
any deficiencies or defects.
Consumerism
Consumer activism &
Consumer protection
Buying more and more
3. • Consumerism and Product Quality:
Helps in Rising Consumerism
Effects Buyer Behaviour
• Basic Consumer Rights:
RIGHT TO BE
INFORMED
RIGHT TO BE
HEARD
RIGHT TO
CHOOSE
RIGHT TO
SAFETY
RIGHT TO
REDRESS
RIGHT TO
CONSUMER
EDUCATION
4. AIMS AND OBJECTIVES
• To review the topic.
• To understand the terms
consumerism and product quality.
5. METHODOLOGY
• PRIMARY DATA: Questionnaire consisting of 10 questions
surveyed with the help of 20 respondents.
• SECONDARY DATA: Books, websites and journals.
6. 0
5
10
15
16 to 25 25 to 35 35+
No.ofrespondents
Age of the respondents
Age
INTERPRETATION
10%
25%
40%
25%
0%
Often shop in a month
Always
Most of the
times
About half of
the times
Once in a while
Never
7. 30%
40%
25%
5%
Shop for more often
Groceries
Necessities
Clothes and
Shoes
Electronics
0
5
10
15
Yes No
No.ofrespondents
Answer of respondents
Aware about consumerism
8. 0
5
10
15
20
Yes No
No.ofrespondents
Answer ofthe respondents
Checking for quality, quality standard
marks and brand
35%
10%
20%
25%
10%
Strategy to evaluate product quality
Performance
Easy availability
Quantity
Durability
Other
10. CONCLUSION
Consumerism and product quality together
play a vital role in buyer behaviour in the
present era.
Consumers are quite aware except a few of
them.