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the document discusses the effect of genders on consumer behavior
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FINAL PRESENTATION
Consumer Behavior
Group Members Huzaifa Masood Danish Abid Zain Shah Muhammad Khawar Iftikhar Butt
Our topicGender Role/ Gender Perception
What is Gender Role/Gender Perception?
Introduction The term 'gender role' was first used by John
Money in 1955 Set of societal norms dictating what types of
behaviors are generally considered acceptable, appropriate or desirable
Centered around opposing conceptions of femininity and masculinity
May vary substantially among cultures, while other characteristics may be common throughout a range of cultures
Continued… Various groups have led efforts to change
aspects of prevailing gender roles that they believe are oppressive or inaccurate
21st century has seen a shift in gender roles due to multiple factors
New family structures, education, media, and several others
Continued… Bureau of Labor Statistics indicated that
about 1/3 of wives earn more than their husbands
Importance of education emphasized, and the access of college degrees, women have begun furthering their education
Family structures are changing, and the number of single-mother or single-father households is increasing
Continued… According to the Pew Research Center, the
number of stay-at-home fathers in the US nearly doubled in the period from 1989 to 2012, from 1.1 million to 2.0 million
This trend is being replicated in other countries like UK, Canada and Sweden
Another research conducted by Pew suggests that within the U.S. there’s a bias toward favoring a mother as a care-taker verses a father
According to Donnalyn Pompper "men no longer own breadwinning identities and,
like women, their bodies are objectified in mass media images."
Sexual Identity is an important part of a consumer’s behavior and shopper self-recognition
Gender contrasts are apparent is numerous utilization circumstances
For Example Ladies eat more organic product; men will probably eat meat, as one sustenance essayist put it like this.
Resource Introduction The company we took for research is
Bonanza Garments, a local ready made clothing brand
But why Bonanza?
Introduction to Bonanza Established in 1976, Bonanza Garments started its
operation with only a handful of machines and individuals
Bonanza Garments is the most successful, widely recognized and often imitated clothing products in the history of Pakistan apparel industry
Bonanza has a strong database of satisfied consumers
Consumers provide Bonanza their feed back from time to time
Good or bad; it helps an organization to get even closer to the end users
Continued… Primarily, Bonanza was more known in
the men’s apparel industry throughout Pakistan
But lately Bonanza decided to enter the already flooded woman fabric and prêt collection sector with a sub-brand named “Satrangi”
SWOT ANALYSIS (CREATIVE JUNCTION)
Strength
Strong and diversified creative department.They have made some renowned ads which adds up to their credibility in the advertising field.
WeaknessThey have failed to get payments from so many clients and which inturns have affected their relationship with the client, this thing have also repelled so many potential clients and they opted for other agencies rather than creative junction inspite of their exceptional creative work in advertising.
OpportunitiesThis segment of business is still uptapped in the third world countries along with this evolution of gender roles, so there is still alot creative junction can do to compete with some best advertising agencies in the market
Swot Analysis
SWOT ANALYSIS - BONANZAStrengths: Bonanza has large customer equity. It has a strong supply chain which ensures obtaining the
right resources from suppliers and delivering the right products.
New stock arrives every 2 weeks at the store which makes a lot of variety available for the clients at all times.
An innovative culture that helps Bonanza to produce unique products and services that meet their requirements.
A strong brand name is a major strength of this brand. This gives them the ability to charge higher rates than others.
Weakness: Bonanza offers higher prices as
compared to others. This can be a weak point for the brand.
Their cost system is not efficient due to which they charge high prices. They need to improve their cost systems.
Opportunity: The online market offers Bonanza the ability to
greatly expand their business New technology helps them to better meet their
customer’s needs with new and improved products.
New products can help Bonanza to expand their business and increase diversity in their customer base.
New markets allow them to expand their business and diversify their portfolio of products.
Threat: Bonanza faces intense competition from
brands like Ideas, Kayseria, Junaid Jamshed, Khaadi etc. In this cut-throat competition, Bonanza strives every day to keep a high brand equity.
Bonanza faces threats from copying brands who copy ideas from their prints, designs and services.
Article Summary
Purchase Decision-Making in the Couple. Conflict-Solving Tactics
This article concentrates on: Which life partner has the best impact on
household purchases Data was acquired through 300 polls conducted
from couples It also mentions that both, men and women use
diverse strategies with a specific end goal to influence one another to purchase specific items
Gender Identity: Does It Matter for Consumers’ Perceptions?This study concentrated on How sexual orientation character shows
in itself in the purchasers' item utilization and brand relationship
The exact discoveries bolster the suggestion that gender, mental sexual orientation, and gender roles demeanors do have one of a kind associations with item inclusion and brand faithfulness
Impact of gender on consumer purchase behaviorIn this paper: An endeavor is made to ponder these
distinctions at different levels of procurement choice
Men and ladies because of their distinctive childhood and socialization alongside different other social, natural and mental elements portray diverse sorts of conduct at different circumstances
Sex roles and consumer perceptions of promotions, products, and self This article spins around numerous parts of
showcasing and advancements Commercial assumes an awesome part in
deciding the buyer conduct of both females and guys
Advertisements may depict either dynamic or conventional parts of men and ladies
This portrayal of parts may modify the purchasing choices of customers relying on the way they have seen the promotion
The physical appearance of the model exhibited in the promotion likewise matters a considerable measure
Consumer Behavior and its Potential ExplanationsIn this article focus is applied in the understanding of consumer
behavior diversity is important both to businesses and to inquiries into people’s decision-making
Relationship statuses also have a great impact on the buying behavior and consumption patterns
Females who are in a relationship tend to spend more. They also spend more in leisure time and travelling time.
Males do not tend to spend more on leisure and travelling
It needs to be kept in mind whether the consumer is a financial provider or a care provider
Questionnaire and Graphical Results We conducted a survey using a
structured questionnaire with close ended questions
20 people were chosen as samples out of which 10 were males and 10 were females
Ages of the 90% of the samples varied between 18-23 years
How often the consumers were inspired in their fashion choices by a celebrity look? 70% of men they were inspired While this percentage elevated to 90%
in case of women
Yes70%
No30%
Men
Yes No
Yes90%
No10%
Women
Yes No
Examines the free time activities of the two genders. Did they mirror each other or were there marked differences? One third of the ladies spent their spare time shopping while
one third of the men being involved in some sporting activity It is also interesting that none of the ladies listed, used their
computer as a free time activity but 40% of them, answered later, that they kept in touch with the celebrity world online and 60% of them got their fashion tips online.
Yes60%
No40%
Fashion Tips Online
Yes No
Yes40%
No60%
Celebrity Influence
Yes No
Continued… In hindsight there were a few more
questions which would have improved the data information.
The data from the questionnaires confirmed that there was a difference in consumer behavior relating to fashion, between the genders
The differences were quite specific female consumers were very inspired by a celebrity look whereas men were not
One more question that we orally asked from the samples was if they were inspired by male or female celebrities
To our surprise the opposite gender celebrities appearing in opposite gendered product adds inspired consumers to buy that specific product