SlideShare a Scribd company logo
1 of 12
PERCEPTIONS AND PREFERENCES OF
BUYER OF GOLD JEWELLERY
-A project done for Akshaya Gold & Diamonds, Palakkad
-Bassem Abdul Rashid
-85211009
PROFILE OF THE AD AGENCY AND THE CLIENT
 Ad Agency – The Local Network, Ernakulam.
Established in March 2012.
Major clients include Jayalakshmi Silks,
Radio Mango, Hawalker Chappals, Prince
Group etc.
 The Client – Akshaya Gold & Diamonds,
Palakkad. Owned by Prince Group.
Established in October 2012.
RESEARCH OBJECTIVE
 To aid the communication agency in its work
for the client’s advertising campaign.
 To evaluate the levels of awareness and
acceptance among people towards the new
jewellery brand.
 To evaluate consumer preferences to brands,
jewellery type etc.
LIMITATIONS TO THE STUDY
 The place of study was restricted to
Palakkad urban market.
 The study was restricted only among females
in their households.
RESEARCH METHODOLOGY
QUESTIONNAIRE INCLUDED
 Most valuable thing in their life.
 Significance of gold.
 Preferred jewellery in Palakkad and why?
 Key reason towards buying jewellery.
 Their perception about major brands.
 Purchase occasions.
 Preferred jewellery type.
 Purity looked for and effect of price rise on gold
purchase.
0
10
20
30
40
50
60
70
80
Married Unmarried
0
5
10
15
20
25
30
Age…
0
5
10
15
20
25
30
35
40
Post
Graduate
Graduate Pre Degree SSLC
Educational…
PROFILE OF THE RESPONDENTS
DATA ANALYSIS
 40% of the respondents opined family as their
most significant thing in their life, followed by
22% opining for their children.
 About 40% and 30% of the respondents chose
Malabar and Kalyan respectively as their
preferred jewellery store with majority stating
that quality of gold as their reason for
preference.
 Source of awareness of the stores is mainly
through TV commercials and word of mouth
publicity.
 40% of the respondents see gold as an
investment while another 40% see it both as
an investment and adornment.
 A huge majority of the respondents purchase
gold during wedding occasion.
 About 32% of the respondents prefer plain
gold jewellery.
 Half of the respondents said there is an effect
in their purchase of gold due to price rise.
FINDINGS AND SUGGESTIONS
 Family and children are the most significant
things in respondents’ life which can be
generalized to everybody.
 Majority look for quality of gold as reason for
preference.
 Young consumers look for variety of designs.
 Most of them are aware about the stores
through TV commercials and word of mouth by
relatives.
 Consumers prefer to buy plain gold jewellery for
its high resale value and they are affected by
rising prices.
 Even though Akshaya Gold & Diamonds has
advertised extensively their reach towards
the common man is wide.
 The store seems to be that of elite class.
 Advertisements from the consumer’s view
point has to be done. Testimonial of the
customer about the store is suggested as an
advertising tool.
THANK YOU

More Related Content

What's hot

Tiffany & co - sustainability report
Tiffany & co - sustainability reportTiffany & co - sustainability report
Tiffany & co - sustainability reportStephane Boghossian
 
Online Artificial Jewelry Business Idea
Online Artificial Jewelry Business IdeaOnline Artificial Jewelry Business Idea
Online Artificial Jewelry Business IdeaQasim Raza
 
Travel Marketing Summit Pt. 3
Travel Marketing Summit Pt. 3Travel Marketing Summit Pt. 3
Travel Marketing Summit Pt. 3Cooperatize
 
Tiffany & Co (PR Plan)
Tiffany & Co (PR Plan)Tiffany & Co (PR Plan)
Tiffany & Co (PR Plan)Zeenat Rasheed
 
Tiffany presentation
Tiffany presentationTiffany presentation
Tiffany presentationeyeinform
 

What's hot (6)

Tiffany & co - sustainability report
Tiffany & co - sustainability reportTiffany & co - sustainability report
Tiffany & co - sustainability report
 
Online Artificial Jewelry Business Idea
Online Artificial Jewelry Business IdeaOnline Artificial Jewelry Business Idea
Online Artificial Jewelry Business Idea
 
Travel Marketing Summit Pt. 3
Travel Marketing Summit Pt. 3Travel Marketing Summit Pt. 3
Travel Marketing Summit Pt. 3
 
Tiffany & Co (PR Plan)
Tiffany & Co (PR Plan)Tiffany & Co (PR Plan)
Tiffany & Co (PR Plan)
 
HG Design Extended Portfolio
HG Design Extended PortfolioHG Design Extended Portfolio
HG Design Extended Portfolio
 
Tiffany presentation
Tiffany presentationTiffany presentation
Tiffany presentation
 

Viewers also liked

Consumer Buying Behaviour - Diamond Jewellery
Consumer Buying Behaviour - Diamond JewelleryConsumer Buying Behaviour - Diamond Jewellery
Consumer Buying Behaviour - Diamond JewelleryArunachalam Ramanathan
 
Gold and Consumer Behaviour - A Comparative Study of Cochin and Delhi
Gold and Consumer Behaviour - A Comparative Study of Cochin and DelhiGold and Consumer Behaviour - A Comparative Study of Cochin and Delhi
Gold and Consumer Behaviour - A Comparative Study of Cochin and DelhiCentre for Public Policy Research
 
consumer buying behaviour of branded and non branded jewellery
consumer buying behaviour of branded and non branded jewelleryconsumer buying behaviour of branded and non branded jewellery
consumer buying behaviour of branded and non branded jewelleryGaurav Khatri
 
A project report on consumer behaviour comparison between gili & tanishq on...
A project report on consumer behaviour   comparison between gili & tanishq on...A project report on consumer behaviour   comparison between gili & tanishq on...
A project report on consumer behaviour comparison between gili & tanishq on...Projects Kart
 
A project on consumer preference over branded jewellery and non branded jwell...
A project on consumer preference over branded jewellery and non branded jwell...A project on consumer preference over branded jewellery and non branded jwell...
A project on consumer preference over branded jewellery and non branded jwell...Projects Kart
 
Businese Research Project On Malabar Gold
Businese Research Project On Malabar GoldBusinese Research Project On Malabar Gold
Businese Research Project On Malabar GoldMOHD ARISH
 
“A COMPARATIVE STUDY ON THE CONSUMER’S PREFERENCE TOWARDS BRANDED JEWELLERY O...
“A COMPARATIVE STUDY ON THE CONSUMER’S PREFERENCE TOWARDS BRANDED JEWELLERY O...“A COMPARATIVE STUDY ON THE CONSUMER’S PREFERENCE TOWARDS BRANDED JEWELLERY O...
“A COMPARATIVE STUDY ON THE CONSUMER’S PREFERENCE TOWARDS BRANDED JEWELLERY O...abhijit055
 
Consumer buying behaviour gold jewellery
Consumer buying behaviour   gold jewelleryConsumer buying behaviour   gold jewellery
Consumer buying behaviour gold jewelleryMarketXcelDataMatrix
 
A project report on cutomer attitude towards investing in chit funds & custom...
A project report on cutomer attitude towards investing in chit funds & custom...A project report on cutomer attitude towards investing in chit funds & custom...
A project report on cutomer attitude towards investing in chit funds & custom...Babasab Patil
 
Perception and buying behaviour of modern consumers towards personal care pro...
Perception and buying behaviour of modern consumers towards personal care pro...Perception and buying behaviour of modern consumers towards personal care pro...
Perception and buying behaviour of modern consumers towards personal care pro...Swamit Gupta
 
Consumer buying behaviour
Consumer buying behaviourConsumer buying behaviour
Consumer buying behaviourShashi Shekhar
 
Declaration by the candidate
Declaration by the candidateDeclaration by the candidate
Declaration by the candidateRaj Sekhar
 

Viewers also liked (13)

Consumer Buying Behaviour - Diamond Jewellery
Consumer Buying Behaviour - Diamond JewelleryConsumer Buying Behaviour - Diamond Jewellery
Consumer Buying Behaviour - Diamond Jewellery
 
Gold and Consumer Behaviour - A Comparative Study of Cochin and Delhi
Gold and Consumer Behaviour - A Comparative Study of Cochin and DelhiGold and Consumer Behaviour - A Comparative Study of Cochin and Delhi
Gold and Consumer Behaviour - A Comparative Study of Cochin and Delhi
 
consumer buying behaviour of branded and non branded jewellery
consumer buying behaviour of branded and non branded jewelleryconsumer buying behaviour of branded and non branded jewellery
consumer buying behaviour of branded and non branded jewellery
 
A project report on consumer behaviour comparison between gili & tanishq on...
A project report on consumer behaviour   comparison between gili & tanishq on...A project report on consumer behaviour   comparison between gili & tanishq on...
A project report on consumer behaviour comparison between gili & tanishq on...
 
A project on consumer preference over branded jewellery and non branded jwell...
A project on consumer preference over branded jewellery and non branded jwell...A project on consumer preference over branded jewellery and non branded jwell...
A project on consumer preference over branded jewellery and non branded jwell...
 
Businese Research Project On Malabar Gold
Businese Research Project On Malabar GoldBusinese Research Project On Malabar Gold
Businese Research Project On Malabar Gold
 
“A COMPARATIVE STUDY ON THE CONSUMER’S PREFERENCE TOWARDS BRANDED JEWELLERY O...
“A COMPARATIVE STUDY ON THE CONSUMER’S PREFERENCE TOWARDS BRANDED JEWELLERY O...“A COMPARATIVE STUDY ON THE CONSUMER’S PREFERENCE TOWARDS BRANDED JEWELLERY O...
“A COMPARATIVE STUDY ON THE CONSUMER’S PREFERENCE TOWARDS BRANDED JEWELLERY O...
 
Consumer buying behaviour gold jewellery
Consumer buying behaviour   gold jewelleryConsumer buying behaviour   gold jewellery
Consumer buying behaviour gold jewellery
 
A project report on cutomer attitude towards investing in chit funds & custom...
A project report on cutomer attitude towards investing in chit funds & custom...A project report on cutomer attitude towards investing in chit funds & custom...
A project report on cutomer attitude towards investing in chit funds & custom...
 
Perception and buying behaviour of modern consumers towards personal care pro...
Perception and buying behaviour of modern consumers towards personal care pro...Perception and buying behaviour of modern consumers towards personal care pro...
Perception and buying behaviour of modern consumers towards personal care pro...
 
Example of acknowledgment
Example of acknowledgmentExample of acknowledgment
Example of acknowledgment
 
Consumer buying behaviour
Consumer buying behaviourConsumer buying behaviour
Consumer buying behaviour
 
Declaration by the candidate
Declaration by the candidateDeclaration by the candidate
Declaration by the candidate
 

Similar to Perceptions and Preferences of Buyers of Gold Jewellery

Research on Consumer behaviour towards Gold Jewelry
Research on Consumer behaviour towards Gold JewelryResearch on Consumer behaviour towards Gold Jewelry
Research on Consumer behaviour towards Gold JewelryManvi Thanai
 
Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...
Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...
Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...Abbas Dhuliawala
 
Malabar Gold 78
Malabar Gold 78Malabar Gold 78
Malabar Gold 78MOHD ARISH
 
Ppt For Genral View New
Ppt For Genral View NewPpt For Genral View New
Ppt For Genral View NewDeepak Nair
 
Consumer buying behaviour towards the gold jewellery speciall in jaipur city
Consumer buying behaviour towards the gold jewellery speciall in jaipur cityConsumer buying behaviour towards the gold jewellery speciall in jaipur city
Consumer buying behaviour towards the gold jewellery speciall in jaipur cityTapasya123
 
Consumer Buying Behaviour towards the Gold Jwellery specilly in Jaipur City
Consumer Buying Behaviour towards the Gold Jwellery specilly in Jaipur CityConsumer Buying Behaviour towards the Gold Jwellery specilly in Jaipur City
Consumer Buying Behaviour towards the Gold Jwellery specilly in Jaipur Cityprofessionalpanorama
 
The 5 Most Successful Leaders in Gems and Jewellery Industry 2024.pdf
The 5 Most Successful Leaders in Gems and Jewellery Industry 2024.pdfThe 5 Most Successful Leaders in Gems and Jewellery Industry 2024.pdf
The 5 Most Successful Leaders in Gems and Jewellery Industry 2024.pdfinsightssuccess2
 
CONSUMER PERCEPTION TOWARDS LOCAL & BRANDED JEWELLARY IN RECENT TRENDS
CONSUMER PERCEPTION TOWARDS LOCAL & BRANDED JEWELLARY IN RECENT TRENDSCONSUMER PERCEPTION TOWARDS LOCAL & BRANDED JEWELLARY IN RECENT TRENDS
CONSUMER PERCEPTION TOWARDS LOCAL & BRANDED JEWELLARY IN RECENT TRENDSykartheekguptha
 
Jewellery buying influence xx
Jewellery buying influence xxJewellery buying influence xx
Jewellery buying influence xxPartha Das
 
IGDA Lab-grown Research Report
IGDA Lab-grown Research ReportIGDA Lab-grown Research Report
IGDA Lab-grown Research ReportDiavo Diamonds
 
PRIYA JEWELLERS
PRIYA JEWELLERSPRIYA JEWELLERS
PRIYA JEWELLERSParth Shah
 
Pandora Research Report
Pandora Research ReportPandora Research Report
Pandora Research ReportStephen Bigger
 
Vikalpla Case Study - Tata GoldPlus: The Success Story of the ‘Nano’ of the J...
Vikalpla Case Study - Tata GoldPlus: The Success Story of the ‘Nano’ of the J...Vikalpla Case Study - Tata GoldPlus: The Success Story of the ‘Nano’ of the J...
Vikalpla Case Study - Tata GoldPlus: The Success Story of the ‘Nano’ of the J...Tushar G
 
The Brilliant Investment Why Selling Jewelry is the Best Financial Decision.pptx
The Brilliant Investment Why Selling Jewelry is the Best Financial Decision.pptxThe Brilliant Investment Why Selling Jewelry is the Best Financial Decision.pptx
The Brilliant Investment Why Selling Jewelry is the Best Financial Decision.pptxCashFor Gold & Silverkings Pvt Ltd
 

Similar to Perceptions and Preferences of Buyers of Gold Jewellery (20)

Research on Consumer behaviour towards Gold Jewelry
Research on Consumer behaviour towards Gold JewelryResearch on Consumer behaviour towards Gold Jewelry
Research on Consumer behaviour towards Gold Jewelry
 
Jewellery ppt
Jewellery pptJewellery ppt
Jewellery ppt
 
Jewellery ppt
Jewellery pptJewellery ppt
Jewellery ppt
 
Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...
Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...
Tanishq - Positioning to capture Indian woman’s heart - Marketing Management...
 
Malabar Gold 78
Malabar Gold 78Malabar Gold 78
Malabar Gold 78
 
Ppt For Genral View New
Ppt For Genral View NewPpt For Genral View New
Ppt For Genral View New
 
Presentation1
Presentation1Presentation1
Presentation1
 
Consumer buying behaviour towards the gold jewellery speciall in jaipur city
Consumer buying behaviour towards the gold jewellery speciall in jaipur cityConsumer buying behaviour towards the gold jewellery speciall in jaipur city
Consumer buying behaviour towards the gold jewellery speciall in jaipur city
 
Consumer Buying Behaviour towards the Gold Jwellery specilly in Jaipur City
Consumer Buying Behaviour towards the Gold Jwellery specilly in Jaipur CityConsumer Buying Behaviour towards the Gold Jwellery specilly in Jaipur City
Consumer Buying Behaviour towards the Gold Jwellery specilly in Jaipur City
 
The 5 Most Successful Leaders in Gems and Jewellery Industry 2024.pdf
The 5 Most Successful Leaders in Gems and Jewellery Industry 2024.pdfThe 5 Most Successful Leaders in Gems and Jewellery Industry 2024.pdf
The 5 Most Successful Leaders in Gems and Jewellery Industry 2024.pdf
 
CONSUMER PERCEPTION TOWARDS LOCAL & BRANDED JEWELLARY IN RECENT TRENDS
CONSUMER PERCEPTION TOWARDS LOCAL & BRANDED JEWELLARY IN RECENT TRENDSCONSUMER PERCEPTION TOWARDS LOCAL & BRANDED JEWELLARY IN RECENT TRENDS
CONSUMER PERCEPTION TOWARDS LOCAL & BRANDED JEWELLARY IN RECENT TRENDS
 
Jewellery buying influence xx
Jewellery buying influence xxJewellery buying influence xx
Jewellery buying influence xx
 
IGDA Lab-grown Research Report
IGDA Lab-grown Research ReportIGDA Lab-grown Research Report
IGDA Lab-grown Research Report
 
Final fhrt
Final fhrtFinal fhrt
Final fhrt
 
PRIYA JEWELLERS
PRIYA JEWELLERSPRIYA JEWELLERS
PRIYA JEWELLERS
 
Pandora Research Report
Pandora Research ReportPandora Research Report
Pandora Research Report
 
Tanishq
TanishqTanishq
Tanishq
 
Vikalpla Case Study - Tata GoldPlus: The Success Story of the ‘Nano’ of the J...
Vikalpla Case Study - Tata GoldPlus: The Success Story of the ‘Nano’ of the J...Vikalpla Case Study - Tata GoldPlus: The Success Story of the ‘Nano’ of the J...
Vikalpla Case Study - Tata GoldPlus: The Success Story of the ‘Nano’ of the J...
 
The Brilliant Investment Why Selling Jewelry is the Best Financial Decision.pptx
The Brilliant Investment Why Selling Jewelry is the Best Financial Decision.pptxThe Brilliant Investment Why Selling Jewelry is the Best Financial Decision.pptx
The Brilliant Investment Why Selling Jewelry is the Best Financial Decision.pptx
 
Strategic Management of Poh Kong
Strategic Management of Poh KongStrategic Management of Poh Kong
Strategic Management of Poh Kong
 

Perceptions and Preferences of Buyers of Gold Jewellery

  • 1. PERCEPTIONS AND PREFERENCES OF BUYER OF GOLD JEWELLERY -A project done for Akshaya Gold & Diamonds, Palakkad -Bassem Abdul Rashid -85211009
  • 2. PROFILE OF THE AD AGENCY AND THE CLIENT  Ad Agency – The Local Network, Ernakulam. Established in March 2012. Major clients include Jayalakshmi Silks, Radio Mango, Hawalker Chappals, Prince Group etc.  The Client – Akshaya Gold & Diamonds, Palakkad. Owned by Prince Group. Established in October 2012.
  • 3. RESEARCH OBJECTIVE  To aid the communication agency in its work for the client’s advertising campaign.  To evaluate the levels of awareness and acceptance among people towards the new jewellery brand.  To evaluate consumer preferences to brands, jewellery type etc.
  • 4. LIMITATIONS TO THE STUDY  The place of study was restricted to Palakkad urban market.  The study was restricted only among females in their households.
  • 6. QUESTIONNAIRE INCLUDED  Most valuable thing in their life.  Significance of gold.  Preferred jewellery in Palakkad and why?  Key reason towards buying jewellery.  Their perception about major brands.  Purchase occasions.  Preferred jewellery type.  Purity looked for and effect of price rise on gold purchase.
  • 8. DATA ANALYSIS  40% of the respondents opined family as their most significant thing in their life, followed by 22% opining for their children.  About 40% and 30% of the respondents chose Malabar and Kalyan respectively as their preferred jewellery store with majority stating that quality of gold as their reason for preference.  Source of awareness of the stores is mainly through TV commercials and word of mouth publicity.
  • 9.  40% of the respondents see gold as an investment while another 40% see it both as an investment and adornment.  A huge majority of the respondents purchase gold during wedding occasion.  About 32% of the respondents prefer plain gold jewellery.  Half of the respondents said there is an effect in their purchase of gold due to price rise.
  • 10. FINDINGS AND SUGGESTIONS  Family and children are the most significant things in respondents’ life which can be generalized to everybody.  Majority look for quality of gold as reason for preference.  Young consumers look for variety of designs.  Most of them are aware about the stores through TV commercials and word of mouth by relatives.  Consumers prefer to buy plain gold jewellery for its high resale value and they are affected by rising prices.
  • 11.  Even though Akshaya Gold & Diamonds has advertised extensively their reach towards the common man is wide.  The store seems to be that of elite class.  Advertisements from the consumer’s view point has to be done. Testimonial of the customer about the store is suggested as an advertising tool.