A Study on Consumer Behavior of Aavin Milk in Bhel Township: Trichy

Similar documents
Table 1: Profile of Consumer Particulars Classification Numbers Percentage Upto Age. 21 to Above

International Journal of Advance Research in Computer Science and Management Studies

RURAL CONSUMER BUYING BEHAVIOUR AND BRAND AWARENESS OF DURABLE PRODUCTS

A STUDY ON THE AWARENESS OF CONSUMPTION OF HEALTH FOOD DRINKS BY CHILDREN, ADOLESCENTS AND YOUNG ADULTS WITH SPECIAL REFERENCE TO WORIYUR

Separation -A Better Tomorrow-Economy A Study of Marketing Strategies On Automobile

Effect of Sales Promotion as a Tool on Organizational Performance (A case Study of Sunshine Plastic Company)

CUSTOMER PERCEIVED VALUE OF SHAMPOO IN TIRUCHIRAPPALLI DISTRICT

HOUSING LOAN PURCHASE DECISION OF CONSUMERS

Attitude of Working Women towards Investing In Life Insurance with Special Reference to Private Bank Employees Of Coimbatore City

Consumer Attitude and Perception of Mobile Phone Service Providers in Nagapattinam District

Factors Affecting Buying Behavior of Consumers in Unauthorized Colonies for FMCG Products

Policyholder s Satisfaction of Private Life Insurance Companies With Reference To Tirupur District, Tamilnadu

ISSN: (Online) Volume 2, Issue 4, April 2014 International Journal of Advance Research in Computer Science and Management Studies

A STUDY ON CONSUMER BEHAVIOUR TOWARDS ONLINE SHOPPING IN COIMBATORE DISTRICT

A Study On Customer Purchase Behaviourtowards Mobile Phone With Special Reference To Erode City

A Comparative Study on Customer Preference of Mobile Service Providers with Selected Service Providers

Consumer Behavior Towards Passengers Cars - A Study in Delhi NCR

Consumer Behaviour and Brand Preference of Titan Watches An empirical study with reference to Haveri District, Karnataka.

A STUDY ON USAGE AND SATISFACTION OF CREDIT CARDS BY CUSTOMERS IN KRISHNAGIRI DISTRICT

Business Statistics: Chapter 2: Data Quiz A

Effects of public relations in fund raising events (A study of selected churches in Aba metropolis)

PURCHASE DECISION FACTORS OF LIFE INSURANCE POLICY HOLDERS IN DHARMAPURI DISTRICT, TAMIL NADU, INDIA

International Journal of Technical Research and Applications e Dr. A. Jesu Kulandairaj ABSTRACT- In the present scenario of the competitive

Influence of Social Media on the Indian Automotive Consumers: Primary Study in National Capital Region

in nigerian companies.

ISSN: (Online) Volume 2, Issue 2, February 2014 International Journal of Advance Research in Computer Science and Management Studies

INFLUENCE OF BRAND NAME ON CONSUMER DECISION MAKING PROCESS- AN EMPIRICAL STUDY ON CAR BUYERS.

Chapter VII. Summary of Findings, Suggestions and Conclusion

A Study of Growth of Fast Food Industry with Reference to Shift in Consumer s Buying Habits in Nagpur City

IJPSS Volume 2, Issue 3 ISSN:

COMPARISONS OF CUSTOMER LOYALTY: PUBLIC & PRIVATE INSURANCE COMPANIES.

Dr. J. Vincent Xavier Asst. Professor, School of Management Studies, St. Joseph s College (Autonomous) Tiruchirappalli, Tamil Nadu, India

CONSUMERS' BUYING BEHAVIOR TOWARDS GREEN PRODUCTS: AN EXPLORATORY STUDY

A Study on Women Empowerment through Self- Help Groups with Special Reference to Mettupalayam Taluk In Coimbatore District

How To Know The Effect Of Demographic Factors On The Preference For Wealth Management In Udaipur

PERCEPTIONS OF INVESTORS ON MUTUAL FUNDS A COMPARATIVE STUDY ON PUBLIC AND PRIVATE SECTOR MUTUAL FUNDS

A STUDY ON FACTORS AFFECTING CUSTOMERS INVESTMENT TOWARDS LIFE INSURANCE POLICIES

Factors Influencing Laptop Buying Behavior a Study on Students Pursuing Ug/Pg in Computer Science Department of Assam University

CHAPTER FIVE CONCLUSIONS, DISCUSSIONS AND RECOMMENDATIONS

ELK ASIA PACIFIC JOURNAL OF MARKETING AND RETAIL MANAGEMENT. ISSN (Print) ISSN (Online) Volume 5 Issue 2, April (2014)

second century. Banking in India can be, by and large, grouped into three eras, i.e., pre-nationalisation, postnationalisation

TERI ENVIRONMENTAL SURVEY DELHI NCR AND KARNATKA

Procedia - Social and Behavioral Sciences 197 ( 2015 )

MARK IMC Dr. Freling EXAM II REVIEW

Economic Empowerment of Women through Self Help Groups

Dept. of Commerce and Financial Studies, Bharathidasan University, Tiruchirappalli, India. Pentecost University, Accra, Ghana

Impact of Brand Equity towards Purchasing Desition: A Situation on Mobile Telecommunication Services of Sri Lanka

High School Students Attitude towards Learning English Language

An Empirical Study of Customer Relationship Management Practices in Axis Bank with Reference to Raipur City

Factors Affecting Online Shopping Behavior of Consumers. Hana Uzun 2. Mersid Poturak

A COMPARATIVE STUDY OF WORKFORCE DIVERSITY IN SERVICE AND MANUFACTURING SECTORS IN INDIA

Evaluating the Teacher Effectiveness of Secondary and Higher Secondary School Teachers

An Evaluation of Bank Customer Satisfaction in Pakistan, Case of Conventional Banks

Volume 2, Issue 3, March 2014 International Journal of Advance Research in Computer Science and Management Studies

The Ariel Mutual Funds/Charles Schwab & Co., Inc. Black Investor Survey. Saving and Investing Among High Income African-American and White Americans

Views and Experiences of Electricity and Gas Customers in Northern Ireland

A Study On Indian Consumers Attitude Towards SMS Advertising Through Mobile Phones

A Study of E-CRM Services of Commercial Banks in Virudhunagar District, Tamil Nadu

Brand Loyalty in Insurance Companies

A Study on Effectiveness of Training in Indian Banks

FACTORS AFFECTING SUCCESSFUL IMPLEMENTATION OF NICHE MARKETING IN TEHRAN METROPOLIS

A STUDY ON INFLUENCE OF ADVERTISEMENT IN CONSUMER BRAND PREFERENCE (Special Reference to Soft Drinks Market in Hosur Town)

GCSE Business Studies

A Study of Individual Investors Behavior in Stock Market- With Special Reference to Indian Stock Market

Newspaper Multiplatform Usage

How other retailers use Online Survey. And how their experience can help you.

International Journal of Arts and Science Research Journal home page:

Recommendation, Loyalty - Retention. Market share Revenue. Negative WOM, Complaint, No Loyalty - Defection

Television Viewing and Consumer Behavior: The Effect of Personality Traits and Demographic Variables on Children s Consumer Socialization.

WHOQOL-BREF. June U.S. Version. University of Washington Seattle, Washington United States of America

Commerce Commerce Retail Investors Participation in Indian Stock Market- A Survey. Research Paper. Dr. Kajal Gandhi

1 The total values reported in the tables and

The Use of Mobile Phones as a Direct Marketing Tool and Consumer Attitudes

A Study on Customer Relationship Management Practices in Selected Private Sector Banks with Reference to Coimbatore District

Exploratory Research & Beyond

Writing Your PG Research Project Proposal

Abstract. Keywords: Retailing, organized retailing, Shopping Malls, Customer Relationship Management.

Effectiveness of Television Advertisement on Purchase Intention

ISSN: (Online) Volume 2, Issue 1, January 2014 International Journal of Advance Research in Computer Science and Management Studies

Investment Attitude in Gold- An Investors Perspective

Why Your Local Business Needs a Website

International Journal of Engineering, Business and Enterprise Applications (IJEBEA)

Asian Research Journal of Business Management

Mind on Statistics. Chapter 10

Consumer Perceptions of Food Franchise: A Study of McDonald s and KFC

A study on the Development of Women Entrepreneurship in Nellore, AP, India

International Journal Advances in Social Science and Humanities Available online at:

Role of Advertising on Sale s Performance: a Case Study of Bata & Service Shoes (Okara)

What this topic is about. The purpose of marketing Different approaches to marketing Segmentation Niche &mass markets B2C & B2B marketing

International Journal of Advance Research in Computer Science and Management Studies

Consumer Barometer. Country Report France

The importance of using marketing information systems in five stars hotels working in Jordan: An empirical study

Mystery Shopping Proposal

Demographic and Environment Factors Influence on Training and Development Effectiveness in Hotel Industry: A Case Study of Selected Hotels in Chennai

AN EMPIRICAL EVALUATION OF MONEY TRANSFER SERVICES IN INDIA

Potentiality of Online Sales and Customer Relationships

Research Design. Recap. Problem Formulation and Approach. Step 3: Specify the Research Design

Mind on Statistics. Chapter 12

IMPACT OF GENDER ON CONSUMER PURCHASE BEHAVIOUR

Chapter 2. Sociological Investigation

Transcription:

ISSN: 2321-7782 (Online) Volume 1, Issue 4, September 2013 International Journal of Advance Research in Computer Science and Management Studies Research Paper Available online at: www.ijarcsms.com A Study on Consumer Behavior of Aavin Milk in Bhel Township: Trichy C. Jothi Mary Principal Idaya College for Women Saruhani, Sivaganga Dt India Abstract: Marketing concept starts with the consumer needs and behavior in meeting these needs. Every action of a person is based on the needs. The real problem is to learn what a customer takes into consideration when he chooses a particular brand. Such a study is concerned with consumer behaviour. Consumer behaviour is that subset of human behaviour that is concerned with decisions and acts of individuals in purchasing and using products. Consumer behaviour is a subset of consumer behaviours, which is concerned with decisions that lead up to the act of purchase. Consumer behaviour refers to the behaviour that consumers display searching for purchasing, using evaluating and disposing of products and services that they expect will satisfy their needs. The study on consumer behaviour is the study of how individuals make decision to spend their available resources (time, money, effort) on consumption related items. It includes the study of what they buy, why they buy it, when they buy it, where they buy it, how often they buy it, and how often they use it. Keywords: Parallel Consumer Attitudes, Consumer Behaviour, Marketing Mix, Brand Preference. I. INTRODUCTION Marketing concept starts with the consumer needs and in behaviour in meeting these needs. Every action of a person is based on the needs. The real problem is to learn what a customer takes into consideration when he chooses a particular brand. Such a study is concerned with consumer behaviour. Consumer behaviour is that subset of human behaviour that is concerned with decisions and acts of individuals in purchasing and using products. Consumer behaviour is a subset of consumer behaviours, which is concerned with decisions that lead up to the act of purchase. Consumer behaviour refers to the behaviour that consumers display searching for purchasing, using evaluating and disposing of products and services that they expect will satisfy their needs. The study on consumer behaviour is the study of how individuals make decision to spend their available resources (time, money, effort) on consumption related items. It includes the study of what they buy, why they buy it, when they buy it, where they buy it, how often they buy it, and how often they use it. Statement of the Problems: Consumer behaviour is the independent variable which is highly a complicated. It could be the influence of the variable price brand image, quality of the product, regularity of service. Milk price enjoys a market price. They are used by all sections of society that is consumers in rural areas, urban areas, towns and cities and consumers belong to high, middle and low income group. The market of Aavin milk is highly competitive and wide varieties of brands are available in the market. 2013, IJARCSMS All Rights Reserved 34 P a g e

C. Jothi Mary International Journal of Advance Research in Computer Science and Management Studies II. OBJECTIVE OF THE STUDY The project is undertaken with the following objectives:- To find out the consumer satisfaction of Aavin Milk. To find out the factors influencing the consumption of milk by consumers of milk. To find out consumer awareness about all brands of milk. To find out advertisement effectiveness and developing the marketing field. III. SCOPE OF THE STUDY Marketing is recognized as the most significant activity in our society. Today s marketer s is keen to closely monitor the changes, especially to keep regular track of the changing pattern of consumer s aspirations and competitive actions. Any business success ultimately depends on what consumers choose to do. With a rising awareness of brands the discerning buyer is become choosier. Studies on Consumer behaviour have become increasingly important as the consumers are becoming more heterogeneous and discerning. A firm must understand the buyer the buyer behaviour, their preference in favour of one brand or product, what motivates him or her to select a brand or product and who influences him or her to buy the brand or product. The Aavin milk producers make their products in most, hygienic conditions and with up to date scientific methods and technologies. The brand name Aavin is a name being remembered by the entire consumer easily. The researcher was interested to know the behavioural pattern of the consumers of Aavin milk co-operative society Ltd. IV. METHODOLOGY The study has been undertaken by means of surveys method. A sample of 120 consumers is selected at random to know their preferences to Aavin milk. Only primary data are used for writing this report and collected by means of an elaborate direct interview schedule through a well designed questionnaire. V. REVIEW OF THE LITERATURE Daniel Kahneman s paper (2003) presents over three decades Nobel-prize winning research exploring the concept of bounded rationality - the ways in which decisions diverge from those predicted by rational choice theory. It focuses largely on cognitive economics (it does not, for example, consider the impact of social norms on decision-making), but provides a comprehensive summary of many of behavioral economics most well-researched phenomena. Several more recent reviews of behavior change and behavioral models exist but Prof. Tim Jackson s 2005 review of consumer behavior remains perhaps the most comprehensive and accessible, and the foundation on which the majority of the more recent reviews has largely been based. The report sets out in an accessible way the main drivers of behavior and theoretical models that attempt to explain it, and do so with consistent critiques of rational choice. A wide-ranging summary of evidence relating to the ways in which people seek to comply with requests and demands, and to conform to social norms, the article summaries recent research (1997 2002) and considers the ways in which three goals accuracy; affiliation and maintenance of a positive self-concept drive individuals to comply with requests and conform. Findings related to marketing are largely implicit but the articles serve as a valuable summary of many of the principles that underlie advertising and consumer-focused persuasion. The findings that have emerged from the literature reviewed to date point towards the need for more nuanced policymaking that can take into account the different barriers to and drivers of behavior in any given situation. Doug McKenzie- Mohr s article sets out a clear, step-by-step guide on how to adopt a community-based social marketing approach when planning interventions (McKenzie-Mohr 2000). Social marketing is already informing SCP policy-making within Europe (e.g. 2013, IJARCSMS All Rights Reserved ISSN: 2321-7782 (Online) 35 P a g e

Gender Wise C. Jothi Mary International Journal of Advance Research in Computer Science and Management Studies Defra 2008) and is likely to continue to do so. Discussions in the literature review of policy implications will update McKenzie- Mohr s article with reference to recent research and also policy interventions referenced in behavioral economics. Co-authored by a number of leading behavioral economists, this paper sets out a number of ways in which learning from behavioral science can inform policy. It considers three examples from existing policy, before discussing some of the challenges that face policy informed by psychology. Finally, the paper advocates attempting to change policy through the utilization of emerging findings from behavioral economics and highlights the importance of trailing policies through local level pilots. VI. ANALYSIS AND INTERPRETATION (SOURCE: PRIMARY DATA) Sales Promotion Technique Serial Number Particulars Number of Respondents Percentage (%) 1 Price Offer 36 30 2 Extra Quality 72 60 3 Advertisement 12 10 Total 120 100 From the above table, it is inferred that the sales promotion techniques followed by the seller to increase the sale of milk, price offer attract 30% of the respondents and 60% of the respondents prefer only because of its extra quality and 10% need advertisement. The Factors Influencing Brand Loyalty Serial Number Source Number of Respondents Percentage (%) 1 Guarantee 18 15 2 Availability 36 30 3 Quality 60 50 4 Reputation 06 05 Total 120 100 From the above table, it can be seen that 15% are loyal to the brand because of the guarantee, 30% because of availability, 50% for quality and 5% of the respondents are loyal because of the reputation of the product. Gender Wise Consumption of Milk Consumption of Milk Opinion Yes No Total Male 39 01 40 Female 75 05 80 Total 114 06 120 Ho: There is no significant relationship between the Gender Wise of the respondents and consumption of milk. Chi square table value : 3.84 Significant : 0.05 Calculated value : 0.263 Degree of freedom : 1 Result: Hence, the calculated value is less than the table value. So there is no significant relationship between the Gender Wise of the respondents and consumption of milk. So the Hypothesis is accepted. 2013, IJARCSMS All Rights Reserved ISSN: 2321-7782 (Online) 36 P a g e

The Change Over in the Brand by Customers The Size of Milk Packet C. Jothi Mary International Journal of Advance Research in Computer Science and Management Studies The Size of Milk and the Price of Milk The Price of Milk Opinion Low Price High Price Reasonable Total 200ml 05 01 06 12 250ml 08 04 12 24 500ml 16 08 24 48 1liter 13 05 18 36 Total 42 18 60 120 Ho: There is no significant relationship between the size of the milk packet and the price of milk. Chi square table value : 12.59 Significant : 0.05 Calculated value : 0.74 Degree of freedom : 6 Result: Hence, the calculated value is less than the table value. So there is no significant relationship between the size of the milk packet and the price of milk. So the Hypothesis is accepted. The Change over in the Brand by Customers and Brand use at Present Brand Use at Present Opinion Aavin Arokya Vijay Komatha Sakthi Others Total Frequently 00 04 03 03 01 01 12 Rarely 20 14 06 06 01 01 48 Never 34 12 03 05 02 04 60 Total 54 30 12 14 04 06 120 Ho: There is no significant relationship between the brand use at present and the change over in the brand by customers. Chi square table value : 18.31 Significant : 0.05 Calculated value : 18.08 Degree of freedom : 10 Result: Hence, the calculated value is less than the table value. So there is no significant relationship between the brand use at present and the change over in the brand by customers. So the Hypothesis is accepted. VII. FINDING Majority of the respondents (i.e., 67%) are in the sex wise classification of female. Majority of the respondents (i.e., 55%) are in the marital status of married. Majority of the respondents (i.e., 30%) are in the educational qualification of high school level and graduation. Majority of the respondents (i.e., 35%) are in the level of occupation of House wife. Majority of the respondents (i.e., 45%) are in the monthly income of Rs.4000 6000. 2013, IJARCSMS All Rights Reserved ISSN: 2321-7782 (Online) 37 P a g e

C. Jothi Mary International Journal of Advance Research in Computer Science and Management Studies Majority of the respondents (i.e., 25%) are in the family size of four. It is found that 95% of the respondents are consuming milk. Majority of the respondents (i.e., 25%) are recommending by friends and relatives. Majority of the respondents (i.e., 35%) are purchasing milk for the health purpose (35%) It reveals first to the extent of 75% of the respondents were attracted through television advertisement. It is found that only Aavin brand is preferred by majority of the respondents the extent of 45%. Majority of the respondents (i.e., 65%) are satisfied with brand is better than other byway of good quality. Majority of the respondents (i.e., 65%) are take milk regularly. 50% of the total respondents purchase their milk from retail shop. Majority of the respondents (i.e., 25%) are consumption of milk for energy and good health Majority of the respondents 40% spend Rs.150 200 for milk. Majority of the respondents (i.e., 50%) feel that the price of the milk is reasonable. 500ml pack is preferred by 40% of the respondents. Majority of the respondents (i.e., 93%) are like fat release milk. Majority of the respondents (i.e., 50%) say that they never change the brand. It is inferred that the sale promotion techniques followed by the seller the increase sale of milk, 60% of the respondents prefer only because of its extra quality. It is inferred that 75% of the respondent say that they use milk as a drink. Majority of the respondent (i.e. 35%) are in the age group of 25 30. 95% of the respondents were not sure of purchasing the same brand of milk. majority of the respondents (i.e., 40%) are use milk between five to eight years (5 8) Majority of the respondents (i.e., 45%) are take consumption of milk three a day. Majority of the respondents (i.e., 40%) say that quantity of milk is good. Majority of the respondents (i.e., 55%) are loyal the brand. Majority of the respondents (i.e., 50%) are loyal the brand because of quality. It is found that the satisfaction level of the consumer and it reveals that 80% of them prefer the same brand always. Majority of the respondents (i.e., 45%) are highly satisfied with the brand. VIII. SUGGESTIONS 1. In spite of various brands available in the market. Aavin stands high, it is suggested that due effort should be taken to popularize it. 2. Most of the consumers suggested that price and quality are the main factor for purchasing milk. They feel that Aavin price is high. Steps should be taken to reduce it, society price. 3. Extra Quality and Sales promotion measures are the main step to bring consumer towards Aavin milk, hence it should be improved. 2013, IJARCSMS All Rights Reserved ISSN: 2321-7782 (Online) 38 P a g e

C. Jothi Mary International Journal of Advance Research in Computer Science and Management Studies IX. CONCLUSION A consumer is not someone to argue or match with the needs and satisfaction levels differ from individual to individual and no company can satisfy the needs of consumers. Consumer oriented thinking helps the marketer to define consumer needs from the consumer s point of view. The present study attempts to bring out the factors leading to the purchase behaviour and perception of consumers in buying Aavin milk. Suitable suggestions were given to marketing environment forces like competitors, who influence consumer s perception and behaviour from time to time. At present, the market for Aavin milk is good and if efforts were taken to maintain the same level, it is assumed that, definitely it will have a good and assured demand. References 1. J. F. Engles Consumer Behaviour, Excel Book, New Delhi, 2004. 2. Philip Kotler, Marketing Management, 11th Edition, Prentic Hall of India Pvt Ltd., New Delhi, 2004. 3. Suja R. Nair Consumer Behaviour, Himalaya Publishing House, Mumbai, 2004. 4. Classical Economics, Educational Publishers, New Delhi, 2004. 5. Engel, Black well and Miniard Consumer Behaviour, 1990. 6. Teki Surayya, Consumer Behaviour with special reference to Financial Instruments, Indian Journal of Marketing Vol. XXV, 2001 (Sep) Page No.12 7. Rogers Consumer s shopping Behaviour, Indian journal of Marketing Vol 10, 11 1979, Page No.23. 8. Dr. D. Venkatrama Raju, A study on consumer behaviour in the marketing of a house hold appliance inchennai city of Tamil Nadu. Indian Journal of Marketing, Vol XXXV, 2005, Page No.33. 9. Dr. G. Sundarsana Reddy, Buyer Behaviour of Home Appliances. Vol.XXXIV, 2004, Page No.19. 2013, IJARCSMS All Rights Reserved ISSN: 2321-7782 (Online) 39 P a g e