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Factors influences consumer behavior towards
                     multi brand outlets




Submitted to                             Submitted by
Prof. L.K. Vaswani              Vishal Atul Darandale (11201051)
                                Shivshankar Biradar (11201014)
                                Satyaranjan Suar (11201041)
EXECUTIVE SUMMARY


The project is done by Satyranjan Suar, Vishal Atul Darandale, and Biradar
Shivshankar for the fulfillment of Marketing Management subject which is
assigned for 2 credits in the MBA-RM program.
The project title was “factors influencing consumer behavior towards multiband
outlet”. For the study the Big Bazaar (Patia, BBSR) is taken as the study location,
which is a eminent multi brand outlet for the consumers of Bhubaneswar.
Objective of the study was “To find out the important factor that influences
consumer behavior towards multi brand outlet”. To achieve the objective 14
influencing factors are taken as the parameters.
Required data was collected by formal questionnaires. Accessibility, Quality
comparison, Variety, Availability of new products, Window shopping, Good
packaging, Credit card, facilities Schemes ,Time pass, Price Recommendation,
from friends and relatives, Former experience, Availability of specific brands
which are not available anywhere in city, Influencing by Advertising.
Table of Content


Contents
CHAPTER 1 .................................................................................................................................................... 6
INTRODUCTION ............................................................................................................................................. 6
   1.1 OBJECTIVE ........................................................................................................................................... 7
CHAPTER 2 .................................................................................................................................................... 8
METHODOLOGY ............................................................................................................................................ 8
   2.1 Sampling .............................................................................................................................................. 8
   2.2 Primary data collection ....................................................................................................................... 8
   2.3 Analysis ............................................................................................................................................... 8
   2.4 Dissemination ..................................................................................................................................... 8
CHAPTER 3 .................................................................................................................................................... 9
FINDINGS AND ANALYSIS .............................................................................................................................. 9
   3.1 Accessibility of BIG BAZAR .................................................................................................................. 9
   3.2 Quality of Comparison ...................................................................................................................... 10
   3.3. Variety of product ............................................................................................................................ 11
   3.4 Availability of new product ............................................................................................................... 12
   3.5 Window Shopping ............................................................................................................................. 13
   3.6 Good Packaging................................................................................................................................. 14
   3.7 Credit card Facility ............................................................................................................................ 15
   3.8 Scheme ............................................................................................................................................. 16
   3.9 Time Pass .......................................................................................................................................... 17
   3.10 Price................................................................................................................................................ 18
   3.11 Recommendation by friends/ relatives .......................................................................................... 19
   3.12 Former Experience .......................................................................................................................... 20
   3.13 Specific Brand.................................................................................................................................. 21
   3.14 Influencing by Advertising............................................................................................................... 22
   3.15 Combine effect of all influencing factor ......................................................................................... 23
Chapter 4..................................................................................................................................................... 28
CONCLUSION............................................................................................................................................... 28
Table
Table 3.1 : Grid and consumer responses towards accessibility .................................................................. 9
Table 3.2 Grid and consumer responses towards Quality Comparison..................................................... 10
Table: 3.3 Variety of Product ...................................................................................................................... 11
Graph: 3.4 Availability of new product ....................................................................................................... 12
Table: 3.4 Grid and consumer responses towards Availability of new product ......................................... 12
Table: 3.5 Grid and consumer responses towards Window shopping ....................................................... 13
Table 3.6 Grid and consumer responses towards Good Packaging ............................................................ 14
Table: 3.7 Grid and consumer responses towards Credit card facility ....................................................... 15
Table 3.8 Grid and consumer responses towards Schemes ....................................................................... 16
Table 3.9 Grid and consumer responses towards Time Pass...................................................................... 17
Table 3.10 Grid and consumer responses towards Price............................................................................ 18
Table 3.11 Grid and consumer responses towards Recommendation by friends/ relatives ..................... 19
Table 3.12 Grid and consumer responses towards Former experience .................................................... 20
Table 3.13 Grid and consumer responses towards Specific Brand ............................................................ 21
Table 3.14 Grid and consumer responses towards Influencing by Advertising ......................................... 22
Table: 3.15 Combine effect of all influencing factor ................................................................................... 23




Chart
Chart: 3.15 Not Important influencing factors against perception ............................................................ 24
Chart 3.16 Less Important........................................................................................................................... 25
Chart: 3.17 Important ................................................................................................................................. 26
Chart: 3.18 Very Important ......................................................................................................................... 27



Graphs

Graph: 3.1 Accessibility of BIG BAZAAR ........................................................................................................ 9
Graph: 3.2 Quality Comparisons ................................................................................................................. 10
Graph: 3.3 Variety of Product ..................................................................................................................... 11
Graph: 3.4 Availability of new product ....................................................................................................... 12
Graph: 3.5 Window shopping ..................................................................................................................... 13
Graph:3.6 Good Packaging.......................................................................................................................... 14
Graph: 3.7 Credit card facility ..................................................................................................................... 15
Graph: 3.8 Schemes .................................................................................................................................... 16
Graph: 3.9 Time pass .................................................................................................................................. 17
Graph: 3.10 Price ........................................................................................................................................ 18
Graph: 3.11 Recommendation by friends/ relatives .................................................................................. 19
Graph: 3.12 Former Experience .................................................................................................................. 20
Graph:3.13 Specific Brand.......................................................................................................................... 21
Graph: 3.14 Influencing by Advertising....................................................................................................... 22
Graph: 3.15 Not Important influencing factors against perception ........................................................... 24
Graph 3.16 Less Important......................................................................................................................... 25
Graph: 3.17 Important ................................................................................................................................ 26
Graph 3.18 Very Important ......................................................................................................................... 27
CHAPTER 1

                               INTRODUCTION

There is nobody in the world that is left out of the class of consumers. The
consumer hood continues till one’s last breath in the world.
The consumer purchases a variety of goods and services to satisfy his wants and he
is always influenced in his purchasing activities by some considerations which lead
him to select a particular commodity or a particular retail store in preference to
others. So, consumer buying is more complex. Consumer purchases are likely to be
influenced by physiological, psychological and sociological factors. The
commodities and services are brought by the consumer to satisfy his basic needs,
for comfort, pleasure, recreation and happiness. Every individual has physiological
need such as hunger, shelter, thirst, etc., which have to be satisfied for survival.
The psychological factors like status prestige and social factors like friends,
neighbors, job and relatives influence their purchasing activities.
People bear certain beliefs and attitudes towards certain types of goods, brands of
commodities and retail outlets based on their previous experience. When there is a
need, they are able to discover some new commodities capable of satisfying their
needs. Before the commodities and brands are selected, these commodities must
compete successfully against alternatives in the market. The selection of a
particular commodity becomes important for consumer since there are wide
varieties of consumer goods in the market. Again selection of a particular
commodity depends on income of the consumer and necessity of the product to the
individual. Before the selection of the commodity purchased, an individual
requires information regarding the various sources of supply of the commodity, its
brands, relative merits and demerits, uses and value of their characteristic features
and services offered. The common sources through which individual gathers
information are from advertising media (television, radio and news papers),
friends, retailers in the locality, displays in shops.



1.1 OBJECTIVE
To find out the important factors that influences consumer behavior towards multi
brand outlets.
CHAPTER 2

                               METHODOLOGY
2.1 Sampling
      Project area is selected by convenient sampling. By this way BIG BAZAAR
      is taken as the project area.
      As the universe is not defined so a sample size of 30 respondents is taken.
      The respondents are selected by perfect random sampling. Criteria for the
      respondents are they must go to Big Bazaar frequently for shopping.

2.2 Primary data collection
      The report is based on primary data. To collect the data formal
      questionnaires are used. The respondents are asked to fill up the
      questionnaire form by themselves.

2.3 Analysis
      After collection of the data analysis is done by the Microsoft excel software.
      The comparison is made by different charts and functions of statistics.

2.4 Dissemination
      At the last the report is written according to the findings of the assigned
      project and disseminated.
CHAPTER 3

                                          FINDINGS AND ANALYSIS


3.1 Accessibility of BIG BAZAR
Accessibility is a major factor for the consumers for choosing the Big Bazaar.
Perception towards the convenience to reach the outlet is tested here which shows
that 17 out of 30 consumers says that it’s important. As there are many such outlets
in the city it’s easy to any consumer to choose any other outlet.The below chart
makes degree towards this perception visualize.
Graph: 3.1 Accessibility of BIG BAZAAR

                                         Accessibility of BIG BAZAAR
                                 20
             No. of Respondent




                                 15

                                 10

                                 5

                                 0
                                      Not Important   Less Important   Important   Very Important


Table 3.1 : Grid and consumer responses towards accessibility
                                           Grid                               Accessibility
                                      Not Importance                                0
                                      Less Important                                7
                                        Important                                  17
                                      Very Important                                6
3.2 Quality of Comparison
Quality comparison between different brands is important from the consumer’s
point of view. As the multiband outlet provides this facility so it’s an important
factor that influences the consumers towards it.

The above statement is proved by the given chart which shows that 63%
respondents says that it is important for choosing the outlet.

Graph: 3.2 Quality Comparisons

                                             Quality Comparison
                              20
                              18
                              16
          No. of Respondent




                              14
                              12
                              10
                               8
                               6
                               4
                               2
                               0
                                   Not Important   Less Important   Important   Very Important


Table 3.2 Grid and consumer responses towards Quality Comparison

                              Grid                      Quality Comparison
         Not Important                                              1
         Less Important                                             3
                     Important                                      19
        Very Important                                              7
3.3. Variety of product
Availability of variety of products makes a outlet more convenient for any
consumer to purchase all the required goods from one place which saves their time,
money and effort for searching them.

From the chart shown here we can conclude that 50% of the consumers’ variety Is
very important. 24% says that it’s important and so on as in the chart. Which is a
evidence for showing the degree of importance of the factor.

Graph: 3.3 Variety of Product

                                             Variety of Product
                             16
                             14
                             12
         No. of Respondent




                             10
                              8
                              6
                              4
                              2
                              0
                                  Not Important   Less Important   Important        Very Important




Table: 3.3 Grid and consumer responses towards variety of product

                                             Grid                  Variety of product
                                        Not Important                          2
                                       Less Important                          5
                                          Important                            8
                                       Very Important                          15
3.4 Availability of new product
Generally the new products introduced on the market are available in these
multiband outlets before than the Kirana stores. So consumers prefer the outlet to
get the new product rather than searching it from the market.

The given chart and table makes this perception clear. Here the degree of
importance of the factor is given. Maximum that is 50% of the respondent said that
it is important for them.

Graph: 3.4 Availability of new product

                                          Availability of new product
                                 16
                                 14
             No. of Respondent




                                 12
                                 10
                                  8
                                  6
                                  4
                                  2
                                  0
                                      Not Important   Less Important   Important   Very Important



Table: 3.4 Grid and consumer responses towards Availability of new product
                                                                             Availability of
                                                 Grid                         new product
                                            Not Important                           4
                                           Less Important                           1
                                              Important                            15
                                           Very Important                          10
3.5 Window Shopping
Many consumers go to the multiband outlets without any definite objective to
purchase something. As there are all products in the display they take anything
which attracts them. This concept is called the window shopping which drags the
consumers towards a multi brand outlet. In the given chart maximum respondent
i.e. 40% said that it is very important to them. So, multiband outlet changes a
typical buyer to a shopper.

Graph: 3.5 Window shopping



                                                Window shopping
                                14

                                12
            No. of Respondent




                                10

                                 8

                                 6

                                 4

                                 2

                                 0
                                     Not Important   Less Important   Important    Very Important



Table: 3.5 Grid and consumer responses towards Window shopping

                                           Grid                        Window shopping
                                      Not Important                               2
                                     Less Important                               5
                                        Important                                 11
                                     Very Important                               12
3.6 Good Packaging
Fascinating and strong packages makes the consumer attract towards the products.
Although it doesn’t effect in selling to a great extent but makes the customer happy
after selling. Packaging may make the customer loyal because it adds the value to
some extent.

Here 39% said that this is important. 24 % of the respondents said that its very
important.

Graph:3.6 Good Packaging
                                                       Good Packaging
                                  14
                                  12
              No. of Respondent




                                  10
                                   8
                                   6
                                   4
                                   2
                                   0
                                       Not Important    Less Important   Important   Very Important



Table 3.6 Grid and consumer responses towards Good Packaging

             Grid                                                        Good Packaging
             Not Important                                                                            3
             Less Important                                                                           6
             Important                                                                            13
             Very Important                                                                           8
3.7 Credit card Facility
In the modern era people are preferring card swapping rather than the cash
transactions. In the multi brand outlets swapping facility attracts people more. It
makes the customers easy to transact that much amount which is required.

The given chart shows the degree of importance of this facility. 40% customers
said that it is important, which is maximum. For 30 % of the customers it is
important.

Graph: 3.7 Credit card facility



                                                 Credit card facility
                                 14

                                 12
             No. of Respondent




                                 10

                                  8

                                  6

                                  4

                                  2

                                  0
                                      Not Important   Less Important   Important   Very Important



Table: 3.7 Grid and consumer responses towards Credit card facility

                                             Grid                          Credit card facility
                                       Not Important                                 1
                                       Less Important                                8
                                          Important                                  9
                                      Very Important                                12
3.8 Scheme
Always there are new schemes available for sales promotion in the Big Bazaar.
The discounts and offers available in the out let is a major factor to influence the
customers to prefer the outlet.

51% of the respondents said that it is very important. Which shows to what extent
this factor is important.

Graph: 3.8 Schemes

                                                        Schemes
                               18
                               16
                               14
                               12
           No. of Respondent




                               10
                                8
                                6
                                4
                                2
                                0
                                    Not Important    Less Important   Important   Very Important



Table 3.8 Grid and consumer responses towards Schemes

                                    Grid                       Schemes

                                    Not Important                                    3

                                    Less Important                                   5

                                    Important                                        5

                                    Very Important                                  17
3.9 Time Pass
Many people visit to the nearby mall to pass their leisure time. Youth prefer to go
to the multi brand outlet to pass their time. But from the analysis maximum people
said that this is not a important factor to go to the Big Bazaar. 39% people said that
this is not important which is maximum where as 24% said that is very important.

Graph: 3.9 Time pass

                                                       Time pass
                                14

                                12
            No. of Respondent




                                10

                                 8

                                 6

                                 4

                                 2

                                 0
                                     Not Important   Less Important   Important   Very Important



Table 3.9 Grid and consumer responses towards Time Pass

                                Grid                                       Time pass
                                Not Important                                            13
                                Less Important                                            4
                                Important                                                 5
                                Very Important                                            8
3.10 Price
Price is a major factor for the consumers for choosing the Big Bazaar. Perception
towards the price at the outlet is tested here which shows that 50% consumers say
that it’s important. Products are available at various prices in Big Bazaar so that
many consumers gets attracted to such outlets.

Graph: 3.10 Price

                                                           Price
                                16
                                14
                                12
            No. of Respondent




                                10
                                 8
                                 6
                                 4
                                 2
                                 0
                                     Not Important   Less Important   Important   Very Important



Table 3.10 Grid and consumer responses towards Price

                                Grid                                  Price
                                Not Important                                             2
                                Less Important                                            6
                                Important                                                15
                                Very Important                                            7
3.11 Recommendation by friends/ relatives
Many people prefer to purchase goods from multi brand outlets as they are
recommended for purchase goods from their friends and relatives. Near about 36%
people purchase goods from big bazaar on recommendation by friends and
relatives.

Graph: 3.11 Recommendation by friends/ relatives

                                      Recommendations by friends/ Relatives
                                 12

                                 10
             No. of Respondent




                                  8

                                  6

                                  4

                                  2

                                  0
                                       Not Important   Less Important   Important   Very Important



Table 3.11 Grid and consumer responses towards Recommendation by friends/ relatives

                                                                            Recommendations by
                                                Grid                                friends
                                          Not Important                                7
                                          Less Important                               8
                                             Important                                 11
                                          Very Important                               4
3.12 Former Experience
People give less important for former experience of purchase goods from Big
Bazaar as they are mainly attracted from many other things such as price, discount
and all that. Near about 43% people gives less important to former experience for
purchase from this type of outlets.

Graph: 3.12 Former Experience

                                                Former Experience
                                14

                                12
            No. of Respondent




                                10

                                 8

                                 6

                                 4

                                 2

                                 0
                                     Not Important   Less Important   Important   Very Important



Table 3.12 Grid and consumer responses towards Former experience

                                             Grid                 Former Experience
                                       Not Important                        6
                                      Less Important                       13
                                          Important                         7
                                      Very Important                        4
3.13 Specific Brand
As Big Bazaar is the multi brand outlet means all the brand are available at one
place. Consumer can choose specific brand from all these brands available at Big
Bazaar and for that he need not require to go to specific brand showroom or shop.
A 50% person out of 30 people gives very much important to this thing to save
their time, money.

Graph:3.13 Specific Brand

                                                     Specific Brand
                                16
                                14
                                12
            No. of Respondent




                                10
                                 8
                                 6
                                 4
                                 2
                                 0
                                     Not Important   Less Important   Important   Very Important



Table 3.13 Grid and consumer responses towards Specific Brand

                                               Grid                   Specific Brand
                                         Not Important                        3
                                         Less Important                       4
                                            Important                         8
                                         Very Important                      15
3.14 Influencing by Advertising
As advertising is more important thing in promotion of product and goods. Due to
this type of promotion more people gets attract towards Big Bazaar and also gets
strongly influencing due to advertising. A 36 % people give very much importance
to this attribute as they are mainly influencing by advertisement.

Graph: 3.14 Influencing by Advertising

                                           Influencing by Advertising
                                14

                                12
            No. of respondent




                                10

                                 8

                                 6

                                 4

                                 2

                                 0
                                      Not Important   Less Important   Important   Very Important



Table 3.14 Grid and consumer responses towards Influencing by Advertising

                                          Grid              Influencing by Advertising
                                     Not Important                         6
                                     Less Important                        6
                                       Important                           5
                                     Very Important                       13
3.15 Combine effect of all influencing factor
Below table shows that preference of people towards various influencing factors in
according with specified Grid points such as not importance to very importance.

Table: 3.15 Combine effect of all influencing factor

                                 Not              Less
   Influencing Factor        Importance        Important   Important   Very Important
      Accessibility                0                   7      17             6
 Quality Comparison                1                   3      19             7
   Count of Variety                2                   5      8             15
  Availability of new
        product                    4                   1      15            10
  Window shopping                  2                   5      11            12
   Good Packaging                  3                   6      13             8
  Credit card facility             1                   8      9             12
        Schemes                    3                   5      5             17
       Time pass                  13                   4      5              8
          Price                    2                   6      15             7
  Recommendations                  7                   8      11             4
 Former Experience                 6               13         7              4
    Specific Brand                 3                   4      8             15
    Influencing by
      Advertising                  6                   6      5             13
Graph: 3.15 Not Important influencing factors against perception



                             Not Importance perception againt factor
                       14
   No. of Respondent




                       12
                       10
                        8
                        6
                        4
                        2
                        0




                                                              Influencing factor



Chart: 3.15 Not Important influencing factors against perception



                           Accessibility         Not Importance                    Count of
                                                                                    Variety
                               0%
               Influencing by                             Quality Comparison          4%    Availability of new
                 Advertising                                       2%
                                                                                                 product
                    11%                                                                             7%
                              Specific Brand
                                    6%                                                Window shopping
                                                                                             4%
                                                                                      Good Packaging
                                             Former                                        6%
                                                                                               Credit card facility
                                           Experience
                                                                                                       2%
                                              11%                                      Schemes
                                                                                          6%



                            Recommendations                          Time pass
                                 13%                                    24%

                                                  Price
                                                   4%
Graph 3.16 Less Important



                                                  Less Important
                      14
  No. of respondent




                      12
                      10
                       8
                       6
                       4
                       2
                       0




                                                           influencing factors



Chart 3.16 Less Important



                                 Influencing by
                                   Advertising
                                                  Less Important
                                       7%                       Accessibility
                                                                                 Quality Comparison
                                                                    9%
                                 Specific Brand                                           4%
                                      5%
                                                                                    Count of Variety
                                                                                          6%
                                                                                              Availability of
                                                                                              new product
                                            Former                                                 1%
                                          Experience                                Window shopping
                                             16%                                          6%

                                                                                   Good Packaging
                                                                                        8%
                           Recommendations
                                                   Price
                                10%
                                                    7%                     Credit card facility
                                                                                  10%
                                              Time pass              Schemes
                                                 5%                     6%
Graph: 3.17 Important



                                                             Important
                       20
                       18
                       16
   No. of respondent




                       14
                       12
                       10
                        8
                        6
                        4
                        2
                        0




                                                                  influencing factor



Chart: 3.17 Important
                                                                                  Influencing
                                                             Important                 by
                                                                                  Advertising
                                                     Specific Brand                    3%
                                                          5%
                            Former Experience
                                   5%
                                                                      Accessibility
                            Recommendations                              12%
                                  8%                                            Quality
                                                                              Comparison
                                                                                 13%
                                              Price
                                              10%                                               Count of Variety
                                                                                                      5%

                            Time pass
                               3%                                                      Availability of new
                                    Schemes
                                       3%                                                   product
                                                                                              10%
                              Credit card facility      Good Packaging       Window shopping
                                      6%                     9%                    8%
Graph 3.18 Very Important



                                                       Very Inportant
                      18
                      16
  No. of respondent




                      14
                      12
                      10
                       8
                       6
                       4
                       2
                       0




                                                             Influencing factor



Chart: 3.18 Very Important

                                      Influencing by   Very Inportant                 Accessibility
                                        Advertising                                       4%
                                            9%
                                                                              Quality Comparison
                                                                                       5%


                                                 Specific                  Count of
  Former Experience                               Brand                     Variety
         3%                                        11%                       11%
                                                                                            Availability of new
                           Recommendations                                                       product
                                 3%                                                                 7%
                                             Price
                                              5%                              Window
                                                                              shopping
                                                                                 9%
                                     Time pass
                                        6%             Schemes
                                                         12%                         Good Packaging
                                                                                            6%
                                                                       Credit card facility
                                                                               9%
Chapter 4

                                   CONCLUSION
This study concluded with some results comes out after analyzing of all first hand
data that collected by students.

      Very important factor that influence the consumer behavior towards multi
      brand outlet is the schemes available throughout the year for different
      brands in Big Bazaar.
      Then second, the quality comparison is the important factor subsequent to
      schemes that influence customer behavior towards this (Big Bazaar) multi
      brand outlet.

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Factors influences consumer behavior towards multi brand outlets

  • 1. Factors influences consumer behavior towards multi brand outlets Submitted to Submitted by Prof. L.K. Vaswani Vishal Atul Darandale (11201051) Shivshankar Biradar (11201014) Satyaranjan Suar (11201041)
  • 2. EXECUTIVE SUMMARY The project is done by Satyranjan Suar, Vishal Atul Darandale, and Biradar Shivshankar for the fulfillment of Marketing Management subject which is assigned for 2 credits in the MBA-RM program. The project title was “factors influencing consumer behavior towards multiband outlet”. For the study the Big Bazaar (Patia, BBSR) is taken as the study location, which is a eminent multi brand outlet for the consumers of Bhubaneswar. Objective of the study was “To find out the important factor that influences consumer behavior towards multi brand outlet”. To achieve the objective 14 influencing factors are taken as the parameters. Required data was collected by formal questionnaires. Accessibility, Quality comparison, Variety, Availability of new products, Window shopping, Good packaging, Credit card, facilities Schemes ,Time pass, Price Recommendation, from friends and relatives, Former experience, Availability of specific brands which are not available anywhere in city, Influencing by Advertising.
  • 3. Table of Content Contents CHAPTER 1 .................................................................................................................................................... 6 INTRODUCTION ............................................................................................................................................. 6 1.1 OBJECTIVE ........................................................................................................................................... 7 CHAPTER 2 .................................................................................................................................................... 8 METHODOLOGY ............................................................................................................................................ 8 2.1 Sampling .............................................................................................................................................. 8 2.2 Primary data collection ....................................................................................................................... 8 2.3 Analysis ............................................................................................................................................... 8 2.4 Dissemination ..................................................................................................................................... 8 CHAPTER 3 .................................................................................................................................................... 9 FINDINGS AND ANALYSIS .............................................................................................................................. 9 3.1 Accessibility of BIG BAZAR .................................................................................................................. 9 3.2 Quality of Comparison ...................................................................................................................... 10 3.3. Variety of product ............................................................................................................................ 11 3.4 Availability of new product ............................................................................................................... 12 3.5 Window Shopping ............................................................................................................................. 13 3.6 Good Packaging................................................................................................................................. 14 3.7 Credit card Facility ............................................................................................................................ 15 3.8 Scheme ............................................................................................................................................. 16 3.9 Time Pass .......................................................................................................................................... 17 3.10 Price................................................................................................................................................ 18 3.11 Recommendation by friends/ relatives .......................................................................................... 19 3.12 Former Experience .......................................................................................................................... 20 3.13 Specific Brand.................................................................................................................................. 21 3.14 Influencing by Advertising............................................................................................................... 22 3.15 Combine effect of all influencing factor ......................................................................................... 23 Chapter 4..................................................................................................................................................... 28 CONCLUSION............................................................................................................................................... 28
  • 4. Table Table 3.1 : Grid and consumer responses towards accessibility .................................................................. 9 Table 3.2 Grid and consumer responses towards Quality Comparison..................................................... 10 Table: 3.3 Variety of Product ...................................................................................................................... 11 Graph: 3.4 Availability of new product ....................................................................................................... 12 Table: 3.4 Grid and consumer responses towards Availability of new product ......................................... 12 Table: 3.5 Grid and consumer responses towards Window shopping ....................................................... 13 Table 3.6 Grid and consumer responses towards Good Packaging ............................................................ 14 Table: 3.7 Grid and consumer responses towards Credit card facility ....................................................... 15 Table 3.8 Grid and consumer responses towards Schemes ....................................................................... 16 Table 3.9 Grid and consumer responses towards Time Pass...................................................................... 17 Table 3.10 Grid and consumer responses towards Price............................................................................ 18 Table 3.11 Grid and consumer responses towards Recommendation by friends/ relatives ..................... 19 Table 3.12 Grid and consumer responses towards Former experience .................................................... 20 Table 3.13 Grid and consumer responses towards Specific Brand ............................................................ 21 Table 3.14 Grid and consumer responses towards Influencing by Advertising ......................................... 22 Table: 3.15 Combine effect of all influencing factor ................................................................................... 23 Chart Chart: 3.15 Not Important influencing factors against perception ............................................................ 24 Chart 3.16 Less Important........................................................................................................................... 25 Chart: 3.17 Important ................................................................................................................................. 26 Chart: 3.18 Very Important ......................................................................................................................... 27 Graphs Graph: 3.1 Accessibility of BIG BAZAAR ........................................................................................................ 9 Graph: 3.2 Quality Comparisons ................................................................................................................. 10 Graph: 3.3 Variety of Product ..................................................................................................................... 11 Graph: 3.4 Availability of new product ....................................................................................................... 12
  • 5. Graph: 3.5 Window shopping ..................................................................................................................... 13 Graph:3.6 Good Packaging.......................................................................................................................... 14 Graph: 3.7 Credit card facility ..................................................................................................................... 15 Graph: 3.8 Schemes .................................................................................................................................... 16 Graph: 3.9 Time pass .................................................................................................................................. 17 Graph: 3.10 Price ........................................................................................................................................ 18 Graph: 3.11 Recommendation by friends/ relatives .................................................................................. 19 Graph: 3.12 Former Experience .................................................................................................................. 20 Graph:3.13 Specific Brand.......................................................................................................................... 21 Graph: 3.14 Influencing by Advertising....................................................................................................... 22 Graph: 3.15 Not Important influencing factors against perception ........................................................... 24 Graph 3.16 Less Important......................................................................................................................... 25 Graph: 3.17 Important ................................................................................................................................ 26 Graph 3.18 Very Important ......................................................................................................................... 27
  • 6. CHAPTER 1 INTRODUCTION There is nobody in the world that is left out of the class of consumers. The consumer hood continues till one’s last breath in the world. The consumer purchases a variety of goods and services to satisfy his wants and he is always influenced in his purchasing activities by some considerations which lead him to select a particular commodity or a particular retail store in preference to others. So, consumer buying is more complex. Consumer purchases are likely to be influenced by physiological, psychological and sociological factors. The commodities and services are brought by the consumer to satisfy his basic needs, for comfort, pleasure, recreation and happiness. Every individual has physiological need such as hunger, shelter, thirst, etc., which have to be satisfied for survival. The psychological factors like status prestige and social factors like friends, neighbors, job and relatives influence their purchasing activities. People bear certain beliefs and attitudes towards certain types of goods, brands of commodities and retail outlets based on their previous experience. When there is a need, they are able to discover some new commodities capable of satisfying their needs. Before the commodities and brands are selected, these commodities must compete successfully against alternatives in the market. The selection of a particular commodity becomes important for consumer since there are wide varieties of consumer goods in the market. Again selection of a particular commodity depends on income of the consumer and necessity of the product to the individual. Before the selection of the commodity purchased, an individual requires information regarding the various sources of supply of the commodity, its brands, relative merits and demerits, uses and value of their characteristic features
  • 7. and services offered. The common sources through which individual gathers information are from advertising media (television, radio and news papers), friends, retailers in the locality, displays in shops. 1.1 OBJECTIVE To find out the important factors that influences consumer behavior towards multi brand outlets.
  • 8. CHAPTER 2 METHODOLOGY 2.1 Sampling Project area is selected by convenient sampling. By this way BIG BAZAAR is taken as the project area. As the universe is not defined so a sample size of 30 respondents is taken. The respondents are selected by perfect random sampling. Criteria for the respondents are they must go to Big Bazaar frequently for shopping. 2.2 Primary data collection The report is based on primary data. To collect the data formal questionnaires are used. The respondents are asked to fill up the questionnaire form by themselves. 2.3 Analysis After collection of the data analysis is done by the Microsoft excel software. The comparison is made by different charts and functions of statistics. 2.4 Dissemination At the last the report is written according to the findings of the assigned project and disseminated.
  • 9. CHAPTER 3 FINDINGS AND ANALYSIS 3.1 Accessibility of BIG BAZAR Accessibility is a major factor for the consumers for choosing the Big Bazaar. Perception towards the convenience to reach the outlet is tested here which shows that 17 out of 30 consumers says that it’s important. As there are many such outlets in the city it’s easy to any consumer to choose any other outlet.The below chart makes degree towards this perception visualize. Graph: 3.1 Accessibility of BIG BAZAAR Accessibility of BIG BAZAAR 20 No. of Respondent 15 10 5 0 Not Important Less Important Important Very Important Table 3.1 : Grid and consumer responses towards accessibility Grid Accessibility Not Importance 0 Less Important 7 Important 17 Very Important 6
  • 10. 3.2 Quality of Comparison Quality comparison between different brands is important from the consumer’s point of view. As the multiband outlet provides this facility so it’s an important factor that influences the consumers towards it. The above statement is proved by the given chart which shows that 63% respondents says that it is important for choosing the outlet. Graph: 3.2 Quality Comparisons Quality Comparison 20 18 16 No. of Respondent 14 12 10 8 6 4 2 0 Not Important Less Important Important Very Important Table 3.2 Grid and consumer responses towards Quality Comparison Grid Quality Comparison Not Important 1 Less Important 3 Important 19 Very Important 7
  • 11. 3.3. Variety of product Availability of variety of products makes a outlet more convenient for any consumer to purchase all the required goods from one place which saves their time, money and effort for searching them. From the chart shown here we can conclude that 50% of the consumers’ variety Is very important. 24% says that it’s important and so on as in the chart. Which is a evidence for showing the degree of importance of the factor. Graph: 3.3 Variety of Product Variety of Product 16 14 12 No. of Respondent 10 8 6 4 2 0 Not Important Less Important Important Very Important Table: 3.3 Grid and consumer responses towards variety of product Grid Variety of product Not Important 2 Less Important 5 Important 8 Very Important 15
  • 12. 3.4 Availability of new product Generally the new products introduced on the market are available in these multiband outlets before than the Kirana stores. So consumers prefer the outlet to get the new product rather than searching it from the market. The given chart and table makes this perception clear. Here the degree of importance of the factor is given. Maximum that is 50% of the respondent said that it is important for them. Graph: 3.4 Availability of new product Availability of new product 16 14 No. of Respondent 12 10 8 6 4 2 0 Not Important Less Important Important Very Important Table: 3.4 Grid and consumer responses towards Availability of new product Availability of Grid new product Not Important 4 Less Important 1 Important 15 Very Important 10
  • 13. 3.5 Window Shopping Many consumers go to the multiband outlets without any definite objective to purchase something. As there are all products in the display they take anything which attracts them. This concept is called the window shopping which drags the consumers towards a multi brand outlet. In the given chart maximum respondent i.e. 40% said that it is very important to them. So, multiband outlet changes a typical buyer to a shopper. Graph: 3.5 Window shopping Window shopping 14 12 No. of Respondent 10 8 6 4 2 0 Not Important Less Important Important Very Important Table: 3.5 Grid and consumer responses towards Window shopping Grid Window shopping Not Important 2 Less Important 5 Important 11 Very Important 12
  • 14. 3.6 Good Packaging Fascinating and strong packages makes the consumer attract towards the products. Although it doesn’t effect in selling to a great extent but makes the customer happy after selling. Packaging may make the customer loyal because it adds the value to some extent. Here 39% said that this is important. 24 % of the respondents said that its very important. Graph:3.6 Good Packaging Good Packaging 14 12 No. of Respondent 10 8 6 4 2 0 Not Important Less Important Important Very Important Table 3.6 Grid and consumer responses towards Good Packaging Grid Good Packaging Not Important 3 Less Important 6 Important 13 Very Important 8
  • 15. 3.7 Credit card Facility In the modern era people are preferring card swapping rather than the cash transactions. In the multi brand outlets swapping facility attracts people more. It makes the customers easy to transact that much amount which is required. The given chart shows the degree of importance of this facility. 40% customers said that it is important, which is maximum. For 30 % of the customers it is important. Graph: 3.7 Credit card facility Credit card facility 14 12 No. of Respondent 10 8 6 4 2 0 Not Important Less Important Important Very Important Table: 3.7 Grid and consumer responses towards Credit card facility Grid Credit card facility Not Important 1 Less Important 8 Important 9 Very Important 12
  • 16. 3.8 Scheme Always there are new schemes available for sales promotion in the Big Bazaar. The discounts and offers available in the out let is a major factor to influence the customers to prefer the outlet. 51% of the respondents said that it is very important. Which shows to what extent this factor is important. Graph: 3.8 Schemes Schemes 18 16 14 12 No. of Respondent 10 8 6 4 2 0 Not Important Less Important Important Very Important Table 3.8 Grid and consumer responses towards Schemes Grid Schemes Not Important 3 Less Important 5 Important 5 Very Important 17
  • 17. 3.9 Time Pass Many people visit to the nearby mall to pass their leisure time. Youth prefer to go to the multi brand outlet to pass their time. But from the analysis maximum people said that this is not a important factor to go to the Big Bazaar. 39% people said that this is not important which is maximum where as 24% said that is very important. Graph: 3.9 Time pass Time pass 14 12 No. of Respondent 10 8 6 4 2 0 Not Important Less Important Important Very Important Table 3.9 Grid and consumer responses towards Time Pass Grid Time pass Not Important 13 Less Important 4 Important 5 Very Important 8
  • 18. 3.10 Price Price is a major factor for the consumers for choosing the Big Bazaar. Perception towards the price at the outlet is tested here which shows that 50% consumers say that it’s important. Products are available at various prices in Big Bazaar so that many consumers gets attracted to such outlets. Graph: 3.10 Price Price 16 14 12 No. of Respondent 10 8 6 4 2 0 Not Important Less Important Important Very Important Table 3.10 Grid and consumer responses towards Price Grid Price Not Important 2 Less Important 6 Important 15 Very Important 7
  • 19. 3.11 Recommendation by friends/ relatives Many people prefer to purchase goods from multi brand outlets as they are recommended for purchase goods from their friends and relatives. Near about 36% people purchase goods from big bazaar on recommendation by friends and relatives. Graph: 3.11 Recommendation by friends/ relatives Recommendations by friends/ Relatives 12 10 No. of Respondent 8 6 4 2 0 Not Important Less Important Important Very Important Table 3.11 Grid and consumer responses towards Recommendation by friends/ relatives Recommendations by Grid friends Not Important 7 Less Important 8 Important 11 Very Important 4
  • 20. 3.12 Former Experience People give less important for former experience of purchase goods from Big Bazaar as they are mainly attracted from many other things such as price, discount and all that. Near about 43% people gives less important to former experience for purchase from this type of outlets. Graph: 3.12 Former Experience Former Experience 14 12 No. of Respondent 10 8 6 4 2 0 Not Important Less Important Important Very Important Table 3.12 Grid and consumer responses towards Former experience Grid Former Experience Not Important 6 Less Important 13 Important 7 Very Important 4
  • 21. 3.13 Specific Brand As Big Bazaar is the multi brand outlet means all the brand are available at one place. Consumer can choose specific brand from all these brands available at Big Bazaar and for that he need not require to go to specific brand showroom or shop. A 50% person out of 30 people gives very much important to this thing to save their time, money. Graph:3.13 Specific Brand Specific Brand 16 14 12 No. of Respondent 10 8 6 4 2 0 Not Important Less Important Important Very Important Table 3.13 Grid and consumer responses towards Specific Brand Grid Specific Brand Not Important 3 Less Important 4 Important 8 Very Important 15
  • 22. 3.14 Influencing by Advertising As advertising is more important thing in promotion of product and goods. Due to this type of promotion more people gets attract towards Big Bazaar and also gets strongly influencing due to advertising. A 36 % people give very much importance to this attribute as they are mainly influencing by advertisement. Graph: 3.14 Influencing by Advertising Influencing by Advertising 14 12 No. of respondent 10 8 6 4 2 0 Not Important Less Important Important Very Important Table 3.14 Grid and consumer responses towards Influencing by Advertising Grid Influencing by Advertising Not Important 6 Less Important 6 Important 5 Very Important 13
  • 23. 3.15 Combine effect of all influencing factor Below table shows that preference of people towards various influencing factors in according with specified Grid points such as not importance to very importance. Table: 3.15 Combine effect of all influencing factor Not Less Influencing Factor Importance Important Important Very Important Accessibility 0 7 17 6 Quality Comparison 1 3 19 7 Count of Variety 2 5 8 15 Availability of new product 4 1 15 10 Window shopping 2 5 11 12 Good Packaging 3 6 13 8 Credit card facility 1 8 9 12 Schemes 3 5 5 17 Time pass 13 4 5 8 Price 2 6 15 7 Recommendations 7 8 11 4 Former Experience 6 13 7 4 Specific Brand 3 4 8 15 Influencing by Advertising 6 6 5 13
  • 24. Graph: 3.15 Not Important influencing factors against perception Not Importance perception againt factor 14 No. of Respondent 12 10 8 6 4 2 0 Influencing factor Chart: 3.15 Not Important influencing factors against perception Accessibility Not Importance Count of Variety 0% Influencing by Quality Comparison 4% Availability of new Advertising 2% product 11% 7% Specific Brand 6% Window shopping 4% Good Packaging Former 6% Credit card facility Experience 2% 11% Schemes 6% Recommendations Time pass 13% 24% Price 4%
  • 25. Graph 3.16 Less Important Less Important 14 No. of respondent 12 10 8 6 4 2 0 influencing factors Chart 3.16 Less Important Influencing by Advertising Less Important 7% Accessibility Quality Comparison 9% Specific Brand 4% 5% Count of Variety 6% Availability of new product Former 1% Experience Window shopping 16% 6% Good Packaging 8% Recommendations Price 10% 7% Credit card facility 10% Time pass Schemes 5% 6%
  • 26. Graph: 3.17 Important Important 20 18 16 No. of respondent 14 12 10 8 6 4 2 0 influencing factor Chart: 3.17 Important Influencing Important by Advertising Specific Brand 3% 5% Former Experience 5% Accessibility Recommendations 12% 8% Quality Comparison 13% Price 10% Count of Variety 5% Time pass 3% Availability of new Schemes 3% product 10% Credit card facility Good Packaging Window shopping 6% 9% 8%
  • 27. Graph 3.18 Very Important Very Inportant 18 16 No. of respondent 14 12 10 8 6 4 2 0 Influencing factor Chart: 3.18 Very Important Influencing by Very Inportant Accessibility Advertising 4% 9% Quality Comparison 5% Specific Count of Former Experience Brand Variety 3% 11% 11% Availability of new Recommendations product 3% 7% Price 5% Window shopping 9% Time pass 6% Schemes 12% Good Packaging 6% Credit card facility 9%
  • 28. Chapter 4 CONCLUSION This study concluded with some results comes out after analyzing of all first hand data that collected by students. Very important factor that influence the consumer behavior towards multi brand outlet is the schemes available throughout the year for different brands in Big Bazaar. Then second, the quality comparison is the important factor subsequent to schemes that influence customer behavior towards this (Big Bazaar) multi brand outlet.