ECMH Project:

QUALITATIVE
FACTORS
DETERMINING
HOUSE BUYING
PREFERENCES

 Apartment-wallas
 -Oni,   Jhaji, Yeeai, Yennrri
Research objective
   Objective

   • Analyze customer preferences (qualitative)
     in purchasing apartments
   • Check whether the overhype of price as the
     main criteria, has merit

   Market segment

   • Middle-class/Upper-middle class who wish to
     purchase homes in the range of INR 40-70
     lakhs

 Research     Sample
                         GD guide   Key Insights   Methodology   Conclusion
 Objective   Selection
Sample selections


Couples                                          Individuals
• Husband-wife interviews with                   • A mix of married and
  both as participants in                          bachelors, but an all male
  discussion                                       group.
• Selected across India-based                    • Selected across India-based
  and NRIs returning to India                      and NRIs returning to India




  Research         Sample
                                 GD guide   Key Insights   Methodology     Conclusion
  Objective       Selection
Strategies and insights

Pampered the
participants:
• Fed them well with                                         Provided a
  cold drinks and chips         Listened to              feeling that each
• Called each one of          opinion of each               participant is
  them, explained the        one and recorded                important.
  importance of their
  involvement and sent         their inputs.             Sensitive to their
  a personal invitation                                   time restrictions
  to each




  Research        Sample
                               GD guide   Key Insights    Methodology   Conclusion
  Objective      Selection
Group Discussion guide
   The discussion points contained a mix of
    projective techniques:
       Sentence association
       Word associations
       Color associations
       Story completion – 1
       Picture associations
 Discussions among the group regarding
  each item
 Try to weave in response from all questions
  to understand customers’ unsaid needs

 Research      Sample
                          GD guide   Key Insights   Methodology   Conclusion
 Objective    Selection
Sentence associations
                • Shady trees, Paved footpath, Bus/train
 What comes       stop nearby
to your mind?




                • 3 Aartis and/or 5 Azaans a day – loud
How do you        and clear
  feel?




                • Came home after 4 hrs of shopping.
  I wish…         Walked up 3 floors and entered my home



    Research       Sample
                              GD guide   Key Insights   Methodology   Conclusion
    Objective     Selection
Word associations

                         10 th      floor

                                Midnight
                                earthquake
 Research     Sample
                         GD guide   Key Insights   Methodology   Conclusion
 Objective   Selection
Color associations
                             relaxation




                                                  food
             family
                                               preparation




                  argument                exercise



 Research      Sample
                          GD guide    Key Insights   Methodology   Conclusion
 Objective    Selection
Story completion



Time to go to office. I take the car out of
  parking lot and drive out of the
  apartment complex…




 Research     Sample
                         GD guide   Key Insights   Methodology   Conclusion
 Objective   Selection
Picture associations – Part 1




 Research     Sample
                         GD guide   Key Insights   Methodology   Conclusion
 Objective   Selection
Picture associations




 Research     Sample
                         GD guide   Key Insights   Methodology   Conclusion
 Objective   Selection
…and the big confusion!!




 Research     Sample
                         GD guide   Key Insights   Methodology   Conclusion
 Objective   Selection
Group 1




 Research     Sample
                         GD guide   Key Insights   Methodology   Conclusion
 Objective   Selection
Group 2




 Research     Sample
                         GD guide   Key Insights   Methodology   Conclusion
 Objective   Selection
Key insights
 Commute and amenities of city life take
  precedence over price
 Places of religion play a lesser role than
  daily peace and calm
 Peoples’ preference is largely affected by
  availability of basic necessities such as:
       Water
       Electricity
       Proximity to shopping
       Proximity to open areas and parks


 Research      Sample
                          GD guide   Key Insights   Methodology   Conclusion
 Objective    Selection
Key insights
    When given a visual stimuli, people react according
     to their preferences and established needs
      e.g. A glass full of beer, could be
         ○   Relaxation with friends and family
         ○   Pub with a choice of beer
         ○   Something you do not want around
         ○   A negative attribute to society
    Insights from color associations
      Perceived property of a color is not necessarily reflected
         universally
         ○ E.g. Saffron was found to be the color of relaxation, prayer
             as well as violence.
      Places within house were painted differently by different
         associations of utility.



    Research       Sample
                               GD guide   Key Insights   Methodology   Conclusion
    Objective     Selection
Methodology, learning and
suggestions
                         •Avoid direct and quantitative mode of questioning
 In-depth Interview      •Try to go for face-face rather than phone
                         •Manage flow of thoughts, unobtrusively




     Focus group         •Do not prompt or direct the interview
   discussion, with      •Arrive at common ground after every question
                         •Managing more than 7 or less than 5 is a problem
projective techniques    •Time management is critical




                         •Patterns emerge based on proper aggregation and
                          assimilation of information
        Analysis         •Insight into actual, not reported, behaviors
                         •Proper sampling helps in better results
                         •Critical to understand perceptions




 Research     Sample
                         GD guide           Key Insights         Methodology   Conclusion
 Objective   Selection
Conclusion
 Internal consistency and specificity of
  responses to be balanced
 Moderate the intensity of comments to
  get to the subliminal layer
 Communication strategy is critical
 Make the sessions memorable for
  participants (in a good way, i.e)



 Research     Sample
                         GD guide   Key Insights   Methodology   Conclusion
 Objective   Selection
Exploring Consumers Mind and Heart  - Apartment-Wallahs

Exploring Consumers Mind and Heart - Apartment-Wallahs

  • 1.
  • 2.
    Research objective Objective • Analyze customer preferences (qualitative) in purchasing apartments • Check whether the overhype of price as the main criteria, has merit Market segment • Middle-class/Upper-middle class who wish to purchase homes in the range of INR 40-70 lakhs Research Sample GD guide Key Insights Methodology Conclusion Objective Selection
  • 3.
    Sample selections Couples Individuals • Husband-wife interviews with • A mix of married and both as participants in bachelors, but an all male discussion group. • Selected across India-based • Selected across India-based and NRIs returning to India and NRIs returning to India Research Sample GD guide Key Insights Methodology Conclusion Objective Selection
  • 4.
    Strategies and insights Pamperedthe participants: • Fed them well with Provided a cold drinks and chips Listened to feeling that each • Called each one of opinion of each participant is them, explained the one and recorded important. importance of their involvement and sent their inputs. Sensitive to their a personal invitation time restrictions to each Research Sample GD guide Key Insights Methodology Conclusion Objective Selection
  • 5.
    Group Discussion guide  The discussion points contained a mix of projective techniques:  Sentence association  Word associations  Color associations  Story completion – 1  Picture associations  Discussions among the group regarding each item  Try to weave in response from all questions to understand customers’ unsaid needs Research Sample GD guide Key Insights Methodology Conclusion Objective Selection
  • 6.
    Sentence associations • Shady trees, Paved footpath, Bus/train What comes stop nearby to your mind? • 3 Aartis and/or 5 Azaans a day – loud How do you and clear feel? • Came home after 4 hrs of shopping. I wish… Walked up 3 floors and entered my home Research Sample GD guide Key Insights Methodology Conclusion Objective Selection
  • 7.
    Word associations 10 th floor Midnight earthquake Research Sample GD guide Key Insights Methodology Conclusion Objective Selection
  • 8.
    Color associations relaxation food family preparation argument exercise Research Sample GD guide Key Insights Methodology Conclusion Objective Selection
  • 9.
    Story completion Time togo to office. I take the car out of parking lot and drive out of the apartment complex… Research Sample GD guide Key Insights Methodology Conclusion Objective Selection
  • 10.
    Picture associations –Part 1 Research Sample GD guide Key Insights Methodology Conclusion Objective Selection
  • 11.
    Picture associations Research Sample GD guide Key Insights Methodology Conclusion Objective Selection
  • 12.
    …and the bigconfusion!! Research Sample GD guide Key Insights Methodology Conclusion Objective Selection
  • 13.
    Group 1 Research Sample GD guide Key Insights Methodology Conclusion Objective Selection
  • 14.
    Group 2 Research Sample GD guide Key Insights Methodology Conclusion Objective Selection
  • 15.
    Key insights  Commuteand amenities of city life take precedence over price  Places of religion play a lesser role than daily peace and calm  Peoples’ preference is largely affected by availability of basic necessities such as:  Water  Electricity  Proximity to shopping  Proximity to open areas and parks Research Sample GD guide Key Insights Methodology Conclusion Objective Selection
  • 16.
    Key insights  When given a visual stimuli, people react according to their preferences and established needs  e.g. A glass full of beer, could be ○ Relaxation with friends and family ○ Pub with a choice of beer ○ Something you do not want around ○ A negative attribute to society  Insights from color associations  Perceived property of a color is not necessarily reflected universally ○ E.g. Saffron was found to be the color of relaxation, prayer as well as violence.  Places within house were painted differently by different associations of utility. Research Sample GD guide Key Insights Methodology Conclusion Objective Selection
  • 17.
    Methodology, learning and suggestions •Avoid direct and quantitative mode of questioning In-depth Interview •Try to go for face-face rather than phone •Manage flow of thoughts, unobtrusively Focus group •Do not prompt or direct the interview discussion, with •Arrive at common ground after every question •Managing more than 7 or less than 5 is a problem projective techniques •Time management is critical •Patterns emerge based on proper aggregation and assimilation of information Analysis •Insight into actual, not reported, behaviors •Proper sampling helps in better results •Critical to understand perceptions Research Sample GD guide Key Insights Methodology Conclusion Objective Selection
  • 18.
    Conclusion  Internal consistencyand specificity of responses to be balanced  Moderate the intensity of comments to get to the subliminal layer  Communication strategy is critical  Make the sessions memorable for participants (in a good way, i.e) Research Sample GD guide Key Insights Methodology Conclusion Objective Selection