irshad 6849611-dissertation-report-of-vikas-sudan

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    A

    Dissertation Report

    On

    Consumer Behaviour and Satisfaction

    Regarding various brands of 21 colour television

    At Jagadhri

    SUBMITTED TO: KURUKSHETRA UNIVERSITY

    KURUKSHETRA IN PARTIAL FULFILMENT FOR THE DEGREE OF

    MASTER IN BUSINESS ADMINISTRATION (MBA)

    Under supervision of: Submitted by:

    Ms. Neeti Sharma Vikas Sudan

    Lecturer of MBA S/o Sh. Barkat Ram Sharma

    SDDIET BARWALA Univ.regi.no-03-my-861

    Univ.roll no.

    Swami Davi Dyal Institute of Engineering &Technology Barwala

    (SDDIET)

    (Affiliated to Kurukshetra University, Kurukshetra, Approved By AICTE)

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    PREFACE

    Research work is management parlance is extremely important for a given

    close view of the relatives of the real life business issues. For any managementstudent who is striving to perform outstandingly, it is of paramount importance

    that apart from theoretical knowledge the most also gain some practical

    knowledge. Survey report deals specially with providing an opportunity to

    management students to have some exposure in real business world. My study

    topic deals with analyzing the customer preferences in 21 flatron Television.

    Television regarded as one of the major achievement of modern science

    everywhere, in every nook and corner of the world. Television is such a powerful

    media that it can make or mar any person, product, idea or service. The

    attraction towards the product (TV) category is so great that it compelled me to

    undertake the research work in this segment.

    The main objective of dissertation and project i.e. familiarization with the

    necessary theoretical input and to gain sufficient practical exposure to establish a

    distant linkage between the conceptual knowledge acquired at the institute and

    practicing these concepts.

    The dissertation is concerned with the consumer behavior & satisfactionregarding various brand of 21" Colour T.V. at Jagadhri. During my tenure of

    destination, I studied the various elements of consumer behavior and deeply

    analyzed the functions.

    The objective of the survey is to analyze the brand awareness and brand

    preference of customers in Television segment in Jagadhri.

    Prior to making reference to working of the dissertation prepared the

    analysis, feasibility and all other aspects were taken into consideration. The

    dissertation shows the very aspect undertaken in context to21" Colour Television.

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    ACKNOWLEDGEMENT

    I express my utmost gratitude and indebt ness to all who have contributed in

    some way or the other and been linked with the project from day one.

    From the core of my heart. I express my sincere thanks to Dr. Swita

    Sharma(HOD), Tilak Raj Chadha Institute of Management And Technology

    Yamuna Nagar for encouragement and guidance.

    I would also like to thanks to Ms. Neeti (Lecturer) for her ready assistance,

    interest and valuable suggestions.

    I am extremely grateful to my parents, the respondents and all my

    friends for their unconditional support and ready assistance

    (Vikas Sudan)

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    STUDENT DECLARATION

    I here declare that the project report title Consumer Behaviour &

    Satisfaction Regarding 21 Colour Television at Jagadharisubmitted

    in partial fulfillment of the recuiretment for the Degree of Master of Adnistration in Marketing /HR is record of bonafide research work

    carried out by Vikas Sudan and that no part of this report has been

    submitted for the award of any other diploma degree fellowship or

    other similar title prize. The report is based on my personal opinion

    here cannot be referred for official or legal purpose.

    Vikas Sudan

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    Executive Summary

    Management ideas without any action based on them mean nothing. That is why

    practical experience is vital for any management studies. Theoretical studies in

    the class room are not sufficient to understand the functioning climate and the

    real problems coming in the way of management. So, practical exposures are

    indispensable to such courses. Thus, practical experience acts as a supplement

    to the classroom studies.

    This report deals with Consumer Behavior and Satisfaction

    Regarding various brands of 21 flat colour television at jagadhri

    Customer satisfaction, a business term , is a measure of how products and

    services supplied by a company meet or surpass customer expectation. In a

    competitive marketplace where businesses compete for customers, customer

    satisfaction is seen as a key differentiator and increasingly has become a key

    element of business strategy.

    The individual consumer has a set of preferences and values whose

    determinations are outside the realm of economics. They are no doubt

    dependent upon culture, education, and individual tastes, among a plethora of other factors. The measure of these values in this model for a particular good is

    in terms of the real opportunity cost to the consumer who purchases and

    consumes the good.

    In this era of cut throat competition, no company can even survive in the market

    place without knowing its and its products strengths and weaknesses. It has to

    fortify itself against threats from the environment and exploit its strengths or

    increase profits. And in order to do so, the company has to conduct regular

    surveys to know the customers opinions, needs, and preferences. This helps the

    company to manufacture the product like wise for each customers expectations.

    http://en.wikipedia.org/wiki/Businesshttp://en.wikipedia.org/wiki/Technical_termhttp://en.wikipedia.org/wiki/Businesshttp://en.wikipedia.org/wiki/Technical_term
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    CONTENTS

    1. Introduction

    a. Introduction to Topic

    b. Justification of Topic

    2. Objective of Study

    3. Literature Review

    4. Research Methodology & Statistical Tools

    a. Sample & Sampling Design

    b. Area of Study

    c. Statistical Tools

    d. Data Collection Sources

    d. Limitation

    5. Data Analyzes & Interpretation

    6. Findings

    7. Suggestions & Recommendation

    8. Appendix

    a. Questioner

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    INTRODUCTION

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    INTRODUCTION OF TV

    Profile of the study

    Television as you know is one of the biggest sources of entertainment especiallyin India. Where the income level of consumer is low.

    India because of its huge population are burgeoning middle class of an

    opportunity to the TV manufacturers to sell their products, but recently many TV

    companies have suffered disappointment because there are so many consume

    durable, which are fighting for moderate disposable income of the middle class.

    So, in order to sell their products (TV etc.) the companies have to do a lot of efforts. In other words, they have to adopt various promotional strategies in order

    to attract the customers.

    Consume Electronic or White goods Industries (mainly TV market)

    The consumer electronic or white good industries are redeveloping in India and

    development of such industries is making the companies to initiate some efforts

    for promoting the sale of their products. The main reasons can be summed up as

    under:

    1. Increase of high disposable incomes.

    2. Increase of transmission facilities.

    3. Increasing demand of rural market.

    4. Increasing income of middle class couple.

    5. The Govt. liberalization policy for the free trade, less excise andcustom duties are attracting more of foreign giants like Akai,

    Samsung, LG. Thomson, Panasonic, Daewoo, and Sony etc.

    6. Many easy interest rates with long-term payable financial schemes.

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    7. Rapid increase in population also affects the growth of white

    industries.

    8. More attractive and discount offer by Indian and foreign companies

    mainly in festive time, helps in the growth of the television market.

    INTRODUCTION OF TV INDUSTRIES

    Television in India has been in existence for three decades. For the first 17

    years, it spread haltingly and transmission was mainly in black and white. The

    thinkers and policy makers of the country, which had just been liberated from

    centuries of colonial rule, frowned upon television, looking on at it as a luxuryIndians could do without. In 1955 a Cabinet decision was taken disallowing any

    foreign investments in print media, which has since been followed religiously for

    nearly 45 years. Sales of TV sets, as reflected by licenses issued to buyers were

    just 7,36,615 until 1977.

    Television has come to the forefront only in the past 15 years and more so in the

    past seven. There have been two ignition points: the first in the eighties when

    State-owned broadcaster Doordarshan (DD) introduced color TV during the 1982

    Asian Games. It then proceeded to install transmitters nationwide rapidly for

    terrestrial broadcasting. In this period no private enterprise was allowed to set up

    TV stations or to transmit TV signals.

    The second spark came in the early nineties with the broad cast of satellite TV by

    foreign programmers like CNN followed by Star TV and a little later by domestic

    channels such as Zee TV and Sun TV into Indian homes. Prior to this, Indianviewers had to make do with DD's chosen fare, which was dull, non-commercial

    in nature, directed towards only education and socio-economic development.

    Entertainment programs were few and far between. And when the solitary few

    serials like Hum Log (1984), and mythological dramas: Ramayana ((1987-88)

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    Mahabharata (1988-89) were televised, millions of viewers stayed glued to their

    sets.

    When, urban Indians learnt that it was possible to watch the Gulf War on

    television, they rushed out and bought dishes for their homes. Others turned

    entrepreneurs and started offering the signal to their neighbors by flinging cable

    over treetops and verandahs. From the large metros satellite TV delivered via

    cable moved into smaller towns, spurring the purchase of TV sets and even the

    up gradation from black and white to colour TVs.

    DD responded to this satellite TV invasion by launching an entertainment and

    commercially driven channel and introduced entertainment programming on itsterrestrial network. This again fuelled the purchase of sets in the hinterlands

    where cable TV was not available.

    The initial success of the channels had a snowball effect: more foreign

    programmers and Indian entrepreneurs flagged off their own versions. From two

    channels prior to 1991, Indian viewers were exposed to more than 50 channels

    by 1996. Software producers emerged to cater to the programming boom almost

    overnight. Some talent came from the film industry, some from advertising and

    some from journalism.

    More and more people set up networks until there was a time DD responded to

    this satellite TV invasion by launching an entertainment and commercial driven

    channel and introduced entertainment programming on its terrestrial network.

    This again fuelled the purchase of sets in the hinterlands where cable TV was not

    available. From two channels prior to 1991, Indian viewers were exposed to more

    than 50 channels by 1996.

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    The 1990's time period:

    The production of TV sets plummeted to 4.5 millions units in 1991 due to higher

    taxes and devaluation. The revival began in 1993 when import duties whereslashed on TV components and Sales Tax and excise duties were reduced. This

    combined with rise in purchasing power in urban and rural areas, strong

    replacement demand and market improvement in TV software provided a fillip to

    the industry. The exchange offer and replacement schemes were earlier handled

    by traders in small way the took on every attractive hue with manufacturers like

    AKAI promoting these in you big way. There have been other reasons too. The

    proliferation of satellite channels have also acted as an incentive explains K.S.

    raman president of CETMA (Consume Electronics and TV Manufacturers

    Association), the association of consumer electronic manufacturers: "These

    schemes were helped along by the proliferation of satellite channels which made

    even a two year only TV out dated as it did not have the S and HY bands to tune

    in to all the channels offered by the cable networks. The replacement schemes

    were also saved the consumer the trouble of finding a buyer. For his old TV set

    for a decent price. This led to you proponent of purchase mainly this all activities

    done though dealers. "The demand has improved since then to touch 7.9 millionunits 1996-97. The period saw entry of MNC's which has altered the equations in

    one industry.

    BPL, VIDEOCON, SONY, SAMSUNG, LG in the industry has dominated

    the scene in an oligopoly - the market in this manner is rarely seen in any other

    sector of Indian industry. But now whose market seems to be ablaze with

    aggressive marketing maneuvers by MNC hoarding, TV, spats, ads, etc.

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    1. BPL (BRITISH PHYSICAL LABORATOURIES):BPL was set up by an NRI TPG Nambiar in 1961 and three decades later group

    is in to automation, communication, computer, components have appliances and

    refrigerators with a combined group turnover of Rs. 2700 crores, A and MORGMARG ranked BPL as India's most admired consume durables marketing

    company in 1997.

    Apart from CTV's, BPL portfolio include B and W TVs, Audio, VCRs, Washing

    machines, Vacuum cleaners, Refrigerators, Microwave Ovens, Gas stove, Excel

    alkaline cell, Telephone instruments, Cellular services, Paging and Professional

    electronic products among other things, BPL CTV sales stood at 5.5 lakh CTV

    BPL expanded in market share to 21% in CTV market. It has been increasing its

    market share every year, even during the reversionary hears. it is a very strong

    comp any with tremendous brand equity and a great reputation for reliability and

    quality.

    Major New Products:

    Include 14 inch TNT, 21 inch F and FST, BPL< DOCBY PROLOG, HOMETHEATRE, 3-DTV.

    Turbo Tough (20")

    Budget line (20", 21")

    Private (14")

    Bazooka (21")

    Various brands of 21"flatCTV are:

    CV 21 AF 38

    CV 21 AFI

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    CV 21 NF2

    STRENGTHS:

    1. Second in term of market share.

    2. Every high brand awareness in the market.

    3. Enjoys high corporate premium in the region.

    4. Strong distribution network in the region.

    5. Positioned as a premium brand in the market and has been

    accepted.

    WEAKNESSES:

    1. No technological USP over the multinationals.

    2. Multi dealer policy is eroding the dealer's confidence and they are

    opting for other brand on the counter.

    3. No response to the onslaught on the global brands.

    2. VIDEOCON:TIE UP : TOSHIBA OF JAPAN

    MARKET SHARE : MARKET LEADER

    The Videocon group was founded by "Dhoot Brother" with Venugopal Dhoot as

    Chairman the three Dhoot Brothers started off by making light dimmers in a small

    shed in Ahmednagar in 1947 and it was in 1984, they started CTV manufacturing

    by borrowing 60 lakh from their father and a 3 crore SBI laon. Besides TV's they

    are also into business of home applicances, Video Cassettes, VCR's Glass andfianance.

    Videocon is an extremely aggressive player in the market. It has a track record of

    surprising its competitors and making drastic decisions overnight. It has acquired

    huge brand equity as well.

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    Videocon joined the industry at about the same time BPL. Although it

    started off as market leader, it lost its leadership to BPL around 1991. But now it

    has regained its prominent position in both the CTV and B&W TV markets. It sold

    some 6.0 million TV sets in 2001. This is attributed mainly to its introduction of

    the budget line range, economy range, and due to dealer push and marketing

    skills.

    STRENGTHS:

    1. Market leader.

    2. Largest brand awareness.3. Strong distribution channels.

    4. Strong U.S.P. because of pricing strategy.

    5. Presence in various home applications and consumer product.

    WEAKNESSES :1. Has remained as an economy brand in the market.

    2. Multi dealer policy in each town is eroding dealers confidence.

    Various 21" Flat Colour Television

    5504 QST - Bozon Flat

    5512 QST- Pure Flat TV

    5548 QST- Bazomba

    5453QST- Challenger

    3. SONY :

    Entry of Sony is posing a major threat to the existing TV brands. It has set up an

    independent manufacturing facility and currently has an import content of 99%.

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    This level is expected to go down to 80%. The company produced around 50,000

    units in 1995 and increased to 1 million in 2000-2001. By that time is aiming for a

    market share of 30%.

    Sony enjoys high brand recall among Indian consumers. It is perceived as being

    of superior quality and technologically advancede.

    Various 21" Flat Colour TelevisionKV- AR 212M83

    KV- HP 21 M83

    KV- SW 21 M80

    KV- B221M80

    4. LG:- (Life Good)

    The South Korean consumer electronics giant Goldstar has entered India

    with a tie-up through Bestavision Electronics Ltd. The Tie-up covers

    bgrand licensing and technological assistance. This group has already

    appointed 800 dealers allover India and has ahead start over other newentrants.

    VARIOUS MODELS

    Flatron GE

    Maestro GE

    GE SwingGE Pride

    GE Supreme

    GE Plus

    Joy Max

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    Sampoorna III

    Home Cinema

    Various 21" Flat Colour Television21FC80Q

    21fa20vc

    21FC20KQ

    21FD20VE

    5. SAMSUNG :

    The consumer electronics and white goods major Samsung India Electronics'

    (SIEL) has so far invested nearly Rs. 100 crore in the country. It achieved a

    turnover of 540 crores in the year 1998. This shows a growth of 37% over 1997.

    In 1998 the sales contribution from the various parts of India was as follows:

    Eastern India 7% Northern India 44%

    Western India 24% Southern India 25%

    Samsung India Electronics (SIEL) turnover has risen more than 156 per cent toRs. 400 crore in 1997 from Rs. 156 crore the previous year. The company, in its

    third year of operation, has reached a break-even point with more than 80% of its

    revenues coming from audio and visual segment. At the end of 1997-98 fiscal,

    the company's accumulated losses stood at $2 million, while its reserves were

    Rs. 556 crore. Through a fresh issue of preference shares at par, Samsung

    Electronics Company is hiking its stake in the India subsidiary form 51 per cent to

    74 percent.

    Various 21" Flat Colour Television

    21K5

    21K10

    21T4

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    21M21

    21K3

    Customer satisfaction

    Customer satisfaction , a business term , is a measure of how products and

    services supplied by a company meet or surpass customer expectation. It is seen

    as a key performance indicator within business and is part of the four

    perspectives of a Balanced Scorecard . In a competitive marketplace where

    businesses compete for customers, customer satisfaction is seen as a key

    differentiator and increasingly has become a key element of business strategy.

    Satisfaction is a persons feeling of pleasure and disappointment resulting from

    comparing a products perceived performance in relation to his or her

    expectations. It is only the customer delight that marketer aims for. Increasing

    competition (whether for-profit or nonprofit) is forcing businesses to pay much

    more attention to satisfying customers. (It may help the reader to notice the role

    of customer satisfaction in the overall context of product or service development

    and management. See Product/Service Management . Also notice the Related

    Info (including customer service) in the library.

    Measuring customer satisfaction 4

    Organizations are increasingly interested in retaining existing customers while

    targeting non-customers; measuring customer satisfaction provides an indication

    of how successful the organization is at providing products and/or services to the

    marketplace.

    Customer satisfaction is an ambiguous and abstract concept and the actual

    manifestation of the state of satisfaction will vary from person to person and

    product/service to product/service. The state of satisfaction depends on a

    number of both psychological and physical variables which correlate with

    http://en.wikipedia.org/wiki/Businesshttp://en.wikipedia.org/wiki/Technical_termhttp://en.wikipedia.org/wiki/Balanced_Scorecardhttp://www.managementhelp.org/prod_mng/prod_mng.htmhttp://en.wikipedia.org/wiki/Businesshttp://en.wikipedia.org/wiki/Technical_termhttp://en.wikipedia.org/wiki/Balanced_Scorecardhttp://www.managementhelp.org/prod_mng/prod_mng.htm
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    satisfaction behaviors such as return and recommend rate. The level of

    satisfaction can also vary depending on other options the customer may have

    and other products against which the customer can compare the organization's

    products.

    Because satisfaction is basically a psychological state, care should be taken in

    the effort of quantitative measurement, although a large quantity of research in

    this area has recently been developed. Work done by Berry, Brodeur between

    1990 and 1998 defined ten 'Quality Values' which influence satisfaction behavior,

    further expanded by Berry in 2002 and known as the ten domains of satisfaction.

    These ten domains of satisfaction include: Quality, Value, Timeliness, Efficiency,

    Ease of Access, Environment, Inter-departmental Teamwork, Front line ServiceBehaviors, Commitment to the Customer and Innovation. These factors are

    emphasized for continuous improvement and organizational change

    measurement and are most often utilized to develop the architecture for

    satisfaction measurement as an integrated model. The usual measures of

    customer satisfaction involve a survey with a set of statements using a Likert

    Technique or scale. The customer is asked to evaluate each statement and in

    term of their perception and expectation the of the performance of the

    organisation being measured.

    Customer Satisfaction a Critical Component of Profitability 4

    Exceptional customer service results in greater customer retention , which in turn

    results in higher profitability . Customer loyalty is a major contributor to

    sustainable profit growth . To achieve success, you must make superior service

    second nature of your organization. A seamless integration of all components in

    the service-profit chain employee satisfaction , value creation , customer satisfaction, customer loyalty, and profit and growth links all the critical

    dynamics of top customer service.

    http://www.1000ventures.com/business_guide/crosscuttings/customer_service.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_retention.htmlhttp://www.1000ventures.com/business_guide/profits_sustainable.htmlhttp://www.1000ventures.com/business_guide/profits_sustainable.htmlhttp://www.1000ventures.com/business_guide/im_s-p_chain.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/employee_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_value_creation.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_service.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_retention.htmlhttp://www.1000ventures.com/business_guide/profits_sustainable.htmlhttp://www.1000ventures.com/business_guide/profits_sustainable.htmlhttp://www.1000ventures.com/business_guide/im_s-p_chain.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/employee_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_value_creation.html
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    Sadly, mature companies often forget or forsake the thing that made them

    successful in the first place: a customer-centric business model . They lose focus

    on the customer and start focusing on the bottom line and quarterly results. They

    look for ways to cut costs or increase revenues, often at the expense of the

    customer.

    They forget that satisfying customer needs and continuous value innovation is

    the only path to sustainable growth . This creates opportunities for new, smaller

    companies to emulate and improve upon what made their bigger competitors

    successful in the first place and steal their customers

    http://www.1000ventures.com/business_guide/psa_bcoach_maturity.htmlhttp://www.1000ventures.com/business_guide/business_model.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_care.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_care.htmlhttp://www.1000ventures.com/business_guide/innovation_value.htmlhttp://www.1000ventures.com/business_guide/sustainable_growth.htmlhttp://www.1000ventures.com/business_guide/psa_bcoach_maturity.htmlhttp://www.1000ventures.com/business_guide/business_model.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_care.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_care.htmlhttp://www.1000ventures.com/business_guide/innovation_value.htmlhttp://www.1000ventures.com/business_guide/sustainable_growth.html
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    OBJECTIVE OF THE

    STUDY

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    OBJECTIVE OF THE STUDY

    Consumer satisfaction procedure has a great importance in every organization.

    The objectives are set up in the start of the study, because on the basis of these

    objectives we have to do the research work. There are two types of objectives

    .these are summarized as under

    Primary Objective:-

    To know the impact of various external factors on buying behavior of

    consumer.

    Quality

    Price

    Brand name

    Scheme

    Technology

    Secondary Objectives:-

    To study the satisfaction level with after sales service of company.

    To make suggestions to company to improve the level of satisfaction

    among customers.

    To know the price effect on the purchase of colour TV.To find the cause behind choice of particular brand of 21"flat CTV and

    reasons to switch over by consumer.

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    Literature review

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    Literature review

    Websites

    1. http://www.ciadvertising.org/sa/fall_05/adv380j/gaemi/final/home.htm-

    consumer 1 from this site I have gathered the information about the

    consumer preference.

    2. http://madeinatlantis.com/smartshopping/new_products_consumer_prefer

    ences.htm 2 from this site I have gathered the information about the

    consumer preference about the new products that are being launched by

    these companies into the markets.

    3. www.1000ventures.com/business_guide/crosscuttings/ customer _ satisfa

    ction .html 3 from this site I have gathered the information about the

    customer satisfaction

    4. http://en.wikipedia.org/wiki/Customer_satisfaction 4- From this site I havetaken the matter regarding how to measure customer satisfaction and how

    it is a a component of profitability.

    5. 5. http://www.LG.com/dist.asp 5

    From this site i have taken the matter regarding the distribution policy of the

    LG CTV company.

    6. http://www.Videocon.com6

    : I have taken the matter regarding thegeneral information about the Videocon Company

    7. http://www.Samsung.com/ 7: from this site I have gathered the information

    regarding the various products that they are providing to the customers.

    http://www.ciadvertising.org/sa/fall_05/adv380j/gaemi/final/home.htm-%20%20%20%20%20consumerhttp://www.ciadvertising.org/sa/fall_05/adv380j/gaemi/final/home.htm-%20%20%20%20%20consumerhttp://madeinatlantis.com/smartshopping/new_products_consumer_preferences.htmhttp://madeinatlantis.com/smartshopping/new_products_consumer_preferences.htmhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://en.wikipedia.org/wiki/Customer_satisfactionhttp://opt/scribd/conversion/tmp/scratch6503/%20http://www.LG.com/dist.asp5http://opt/scribd/conversion/tmp/scratch6503/%20http://www.LG.com/dist.asp5http://opt/scribd/conversion/tmp/scratch6503/%20http://www.LG.com/dist.asp5http://www.samsung.com/http://www.samsung.com/http://www.ciadvertising.org/sa/fall_05/adv380j/gaemi/final/home.htm-%20%20%20%20%20consumerhttp://www.ciadvertising.org/sa/fall_05/adv380j/gaemi/final/home.htm-%20%20%20%20%20consumerhttp://madeinatlantis.com/smartshopping/new_products_consumer_preferences.htmhttp://madeinatlantis.com/smartshopping/new_products_consumer_preferences.htmhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://en.wikipedia.org/wiki/Customer_satisfactionhttp://opt/scribd/conversion/tmp/scratch6503/%20http://www.LG.com/dist.asp5http://www.samsung.com/
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    8. http://www.BPL.com/ 8 : I have taken the matter regarding the general

    information about the BPL and the history of the BPL group

    9. http://www.Sony.com 9: I have taken the matter regarding the general

    information of Sony company product.

    BOOKS:

    Suja R. Nair, Consumer Behaviour in Indian Perspectives (First

    Edition: 2001), Himalaya Publishing House, Mumbai-400004. Chapter

    1, PP 3-6 .10

    Factors influencing consumer behaviour, Decision making, Concept of

    consumer behaviour is studied to know about the various factors those

    effects the consumer behaviour these can be external as well as internal

    Leon G. Schiff man and Lesli Lazar kanauk, Consumer Behaviour,

    Eight Edition, Prentice Hall of India, New Delhi, PP 8,9,11,19,20. 11

    Study of the customer behaviour is the study of how individuals make

    decisions to spend their available resources (Time, Money and Efforts) onconsumption related items. It includes the study what they buy, when they

    buy it, when they buy it, where they buy it, how often they buy it and how

    often they use it.

    G.C. Beri, Marketing research, Third Edition, Tata Mc graw Hill

    Publications PP 95-98,233 .12

    Matter regarding the sampling size decisions, determination of samplesize and other sampling methods.

    Kothari, C.R, Research methodology, methods & techniques, new

    age international ltd. Publishers, Second edition, P.no27-42. 13

    http://www.bpl.com/http://www.bpl.com/http://www.bpl.com/
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    Methods of data collection, collection of data through Questionnaire,

    collection of secondary data are referred before the data collection from

    this book Decisions regarding what, where, when, how much, by what

    means concerning an enquiry or a research study constitute a research

    design

    Gupta, S.P. Stastical methods and techniques, Sultan Chand & Sons.

    Educational Publishers, New Delhi,P.no237-241,628-629 14

    From this book I have taken the matter regarding the hypothesising testing

    and what should be the size of the sample for the application.

    Jain,T.R, Statistics for MBA,V.K.(India) enterprises, New

    Delhi.,edition2006-07,P.no 135-137 15

    From this book I have taken the matter regarding the multiple correlations

    and their use

    1. Sampling, Business Research, June 2005, pp 31 16 - From this magazine

    I have taken the matter regarding the sampling size and the sampling size

    determination.

    2. Chandra Suresh Indian Journal Of Marketing

    xxxv edition January 2006, P no. 35: 17

    From this very journal I took the information about various

    marketing concepts

    3. Suresh k Advertising Express-February 2006, Traditional Mass

    Media, February 2006Vol. 15 No. 3, Page 35 18 : from this site I have

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    taken the information related to various advertising media and concept.

    RESEARCH

    METHODOLOGY

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    RESEARCH METHODOLOGY

    Research methodology is systematically solving the research problem. It may

    be understand as science of studying how research is done scientifically. In it

    we study the various steps that are generally adopted by the researcher in

    studying his research problem along with logic behind them.

    Hypothesis

    H0 = after sale service and consumer behavior are Correlated.H1= after sale service and consumer behavior are not

    Correlated.

    Research purpose can be divided into four categories:

    Exploratory research

    Descriptive research

    Diagnostic research Hypothesis research

    Exploratory research :

    It is also termed as formulate research the main purpose of such research is

    to gain familiarity with a phenomenon or to achieve new insights.

    Descriptive research:This portrays the particular characteristics of a particular individual situation or

    a group.

    Diagnostic research:

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    To determine the frequency something occurred or which associated with

    something else.

    Hypothesis testing research:

    To test hypothesis of a casual relationship between variables.

    Sampling and Sampling design

    Sampling may be defined as the selection of some part of an aggregate or totality

    on the basis of which a judgment or inference about the aggregate or totality is

    made. In simple words, it is the process of obtaining information about the

    population by examining only a part of it.

    The sampling procedure followed is as follows:

    1. Identification of the Universe : The universe to be studied is the whole

    population of Orient Craft Ltd from where the information has been sought

    .

    2 . Defining a Sampling unit : Here the sampling unit is the same population of

    the company. Various personnel who gave me information regarding their own.

    3. Determining the size of the sample : Taking into consideration the size of the population , the population variance , cost involved and the requirements of

    efficiency , representative ness , reliability , flexibility , and the parameters of

    interest in the research , the sample size selected was 100.

    Analytical Tools

    After collection of data another work necessary for any data collector is to

    correctly analysis that data. So statistical tolls helps us to correctly analysis the

    data .As I am here using the software for analysis of the data XLSTAT. I will use

    following statistical tools:

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    Multi Dimension Scaling :

    Multidimensional scaling (MDS) is a method for analyzing a (similarity or

    dissimilarity) proximity matrix based on a set of observations. The purpose of

    MDS is to model the proximity of observations in order to represent them as

    accurately as possible in a limited number of dimensions (usually 2). There are

    different MDS algorithms: XLSTAT uses the SMACOF (Scaling by Major zing a

    Convex Function) algorithm that minimizes the "normalized stress" function.Furthermore, there are several MDS models (or representation functions), i.e.

    several ways to transform the dissimilarities into disparities. The disparities are

    the distances that describe the optimal representation for the observations. The

    difference between the disparities and the distances measured on the

    representation resulting from the MDS is called the stress: the lower the stress,

    the better the representation of the observations.

    Hypothesis Testing

    Chi-square test is used when the set of observed frequencies obtained after

    experimentation have to be supported by hypothesis or theory. The test is

    known as X 2- test of goodness of fit and is used to test if the deviation between

    observation (experiment) and theory may be attributed to chance (fluctuations of

    sampling). 2 also enables us to explain whether or not two attributes are

    associated or related to each other.

    To test the goodness of fit

    The null and alternative hypothesis to be tested is as follows:

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    Null Hypothesis H o : There is no significant difference between the sample

    statistic and the population parameter.

    Alternative Hypothesis H 1: There is significant difference between the sample

    statistic and the population parameter.

    Procedure:

    (1) Set up the null hypothesis that there is no significant

    difference between the observed and expected value.

    (2) We compute the value of CHI- square by using the formula

    CHI-square = 2= (( O i- E i)2/E i)O- Observed value

    E- Expected value

    Degree of freedoms=(R-1)(C-1)

    Level of significance=5

    LIKERT SCALE :

    A Likert scale is a type of psychometric response scale often used in

    questionnaires, and is the most widely used scale in survey research.

    When responding to a Likert questionnaire item, respondents specify their

    level of agreement to a statement. The scale is named after Rensis Likert ,

    who published a report describing its use.

    A important distinction must be made between a Likert Scale and a Likert item .

    The Likert Scale is the sum of responses on several Likert items. Because

    Likert items are often accompanied by a visual analog scale (e.g., a horizontalline, on which a subject indicates his or her response by circling or checking tick-

    marks), the items are sometimes called scales themselves. This is the source of

    much confusion; it is better, therefore, to reserve the word 'Likert scale' to apply

    to the summated scale, and 'Likert item' to refer to an individual item.

    http://en.wikipedia.org/wiki/Rensis_Likerthttp://en.wikipedia.org/wiki/Rensis_Likert
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    A Likert item is a statement. The respondent is asked to indicate his or her

    degree of agreement with the statement or any kind of subjective or objective

    evaluation of the statement. Often ordered five response levels are used,

    however many psychometricians advocate using a seven or nine levels. A recent

    empirical study showed that data from 5-level, 7-level and 10-level items showed

    very similar characteristics in terms of mean, variance, skewness and kurtosis

    after a simple transformation was applied. Example of a five-level Likert item:

    1. Strongly disagree

    2. Disagree

    3. Neither agree nor disagree

    4. Agree5. Strongly agree

    Likert scaling is a bipolar scaling method, measuring either positive or negative

    response to a statement. Sometimes a four-point scale is used; this is a

    forced choice method since the middle option of "Neither agree nor

    disagree" is not available. Likert scales may be subject to distortion from

    several causes. Respondents may avoid using extreme response

    categories ( central tendency bias ); agree with statements as presented(acquiescence bias ); or try to portray themselves or their organization in a

    more favorable light ( social desirability bias ).

    Area of Study:

    To analyze the consumers preference with regard to 21"flat cokour TV, of theresidents of Yamuna Nagar ,sample survey method has been implemented.

    Though other methods important, this method is given prime significance in

    modern research because of its extensive use to study the relationship of

    different factors, attitudes and practices of society and to explore the

    problems that cannot be treated by experiment methods.

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    Data Collection

    Data collection is known as the process of taking the views of the different

    respondent about the given phenomenon. This is also very difficult to ask as first

    of all we have decided that what type of the questions should be included in the

    questionnaire so that the respondents are able to give the correct answer to the

    researcher. There should not be any linguistic problems in understanding the

    meaning of the question in the questionnaire.

    Questionnaire:-

    Questionnaire is he standard form of he document that is used for the collection

    of the data from the respondents. The method includes a set of he questions that

    are selected by the panel of the judges and is sent to the respondents for taking

    their response. This method is very important the Govt. Project, the Private

    company where the company gets the response about their products from the

    consumers, So that they can improve the quality of their products by adding or

    deleting some of the feature that the required by the consumers.

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    LIMITATIONS

    The primary limitation was the small size of customer so due to small

    samples out of big universe the results may not be completely correct.

    Some of the respondent through me as representative of the company,

    hence instead of answering my question they put than question to me and

    expected me to answer than.

    Most of people were at their work they did not have time to give all replies.

    Time period was very short.

    The chances of personal prejudice and bias are possible at respondent

    level.

    The people were quite hesitant in inquiring exact data regarding their

    income level.

    The primary limitation was the limited area of the research so due to small

    area out of the country the results may not be completely correct.

    The secondary limitation was the small size of customer so due to small

    samples out of big universe the results may not be completely correct

    The chances of personal prejudice and bias are possible at respondent

    level. Also the people were quite hesitant in inquiring exact data regarding

    their income level.

    Most of people were at their work they did not have time to give all replies.

    Also time period was very short.

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    DATA ANALYZES&

    INTERPRETATION

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    Results & DiscussionsThe analyzed date performing to brand ownership, preferred features, role play in

    decision making by the head of the family, grand lady etc., awareness about CTV

    brands, price influence on purchase behaviour, customer satisfaction etc

    revealed an interesting out come which are discussed as under different context.

    1) Brand owner (%)

    Brand Name Owner (%)

    LG 29

    Samsung 24

    Sony 14

    Videocon 10

    BPL 22

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    Owner(%)

    29 2414 10

    22

    010203040

    L G

    S a m s u

    n g

    S o n y

    V i d e o

    c o n

    B P L

    Owner(%)

    The above results reveal that most a large number of people i.e.29% owned LG

    CTV. 24% people owned Samsung CTV, 22% people owned BPL CTV, 14%

    people owned Sony CTV, and 10% people owned Videocon CTV. This means

    that different customer have different point of view regarding different CTV

    companies.

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    2) Preferable feature by customer (%)

    Features Preferred by customers (%)

    Price 22Brand Name 26

    Technology 30

    Quality 13

    Scheme 9

    preferred by customer

    22 26 3013 90

    10203040

    P r i c e

    B r a n d

    N a m e

    T e c h n

    o l o g y

    Q u a l i t

    y

    S c h e

    m e

    preferred b ycustomers(

    The above results reveal that while purchasing Colour television a large number

    i.e.30% of customer preferred the technology of colour television, 22% customer

    preferred the price, 26% customer preferred brand name. This also shows that

    different customer have different point of view.

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    3) Role plays in decision making (%)

    Players Role play (%)

    Head of Family 23

    Children 22

    lady 27

    Grand Lady 13

    Combined 9

    Any other 6

    Role play(

    23

    2227

    13

    9 6Head of Fam i

    Children

    lady

    Grand Lady

    Combined

    Any other

    The above results reveal that while taking decision to purchase the CTV most of

    the customer wants to consult with their ladies.27% of the customer consult with

    their ladies.23% of the customer consult with their head of the family.This also

    shows that different customer have different point of view.

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    4) Knowing (%) of CTV brands

    Means Knowing (%)

    Through Friends 25Family Members 22

    Advertisement 31

    Publicity 12

    Any other 9

    Knowing(%

    25

    2231

    129

    ThroughFriends

    FamilyMembers

    Advertisemen

    Publicity

    Any other

    The above Pie chart reveals that a large number of the people i.e. 30% come to

    know with these brands with the help of advertisement and 25% of the people

    through friends and 22% of the people by family members.

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    5) Medias influence on purchase behavior (%)

    Media

    Influence

    Behavior(%)

    T V 33

    Hording 22

    Newspaper 26

    Magazine 14

    Wall painting 5

    Influenc e B ehaviou

    33

    22

    26

    145

    T V

    Hording

    Newspape

    Magazine

    W allpainti

    The above Pie chart reveals that televisions plays important role in influencing

    the purchase behavior of the customer.33% of the customer influenced through

    television.26% of the customer influence through magazine.

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    6) Involvement in purchasing (%)

    Involvement In Purchasing (%)

    More involvement 18

    Normal involvement 32

    less involvement 28

    No involvement 22

    18

    32 2822

    05

    101520253035

    M o r e

    i n v o l v e m e n t

    N o r m a l

    i n v o l v e m e n t

    l e s s

    i n v o l v e m e n t

    N o

    i n v o l v e m e n t

    Series

    Series

    The above results reveal that 32% of the customers have normal involvement in

    purchasing of Flat colour television. 28% of the customers have less involvement

    in purchasing of Flat colour television. Thus this means that different people have

    different point of view.

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    7) Price influence on purchase behavior (%)

    Price influence Purchase Behavior (%)

    Very High 13High Average 27

    Average 24

    Average Low 20

    Low 16

    P urch as e B eha vi

    13

    27

    24

    20

    16 V ery High

    H igh A ver

    A vera ge

    A vera ge L

    Low

    The above Pie chart reveals that a large number of customers i.e. 27% are highly

    influenced by the price. Only 16% of the customers are low influenced by the

    price. This means that most of the customer are influenced by the price.

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    9) Maximum benefits to customers by companies

    Benefits(

    28

    2022

    18

    12 LG

    S a m s u n

    Sony

    Videoco

    B O L

    The above Pie chart reveals that LG Company provides maximum benefits to

    their customersi.e.28%. BPL Company provides 12% benefits to their customers

    which are very less for the point of view of customer.

    Company Benefits to customers (%)

    LG 28

    Samsung 20

    Sony 22

    Videocon 18

    BPL 12

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    10 ) Promotional activities adopted by companies

    Promotion Activities Awareness (%)

    Yes 65

    No 35

    Awareness(

    65

    35

    0 20 40 60 80

    Y es

    No

    Awareness(

    This diagram revels that 65% of the customers are aware about the different

    promotion activities which are adopted by different companies.35% of the people

    are not aware about this activities.

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    11) Preference to change the Brand (%)

    Preference Change (%)

    Sure 12

    Often 22

    Neutral 18Not Sure 28

    Never 20

    12

    2218

    28

    20

    0

    510

    15

    20

    25

    30

    S ure O fte n N eu tral No t S ure N ever

    Series1

    The above results reveal that only 12% of the peoples want to change their CTV

    if other brands offering those attractive schemes. But 28% of the people are not

    sure about that. They dont want to change their brand.

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    12) Post purchase experience in purchasing (%)

    Experience In Purchasing (%)

    Excellent 17

    Very Good 18

    Good 24

    Average 26

    Poor 15

    17 1824 26

    15

    05

    1015202530

    E x c e l l e n

    t

    V e r y G

    o o d G o o d

    A v e r a g

    e P o o r

    Series

    The above results reveal that post purchase experience of most of the peoples

    are averagei.e26(%). Only 17% of the peoples have excellent experience in

    purchasing.

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    13) Behavior of customer towards brand (%)

    Behavior Level

    Behavior of

    customer

    towards

    brand (%)

    Strongly recommend 13

    Moderately Recommend 27

    Neutral 24

    Not recommend 20

    Never recommend 16

    13

    27

    24

    20

    16

    Stronglyrecommend

    ModeratelyRecommend

    Neutral

    Not recomm en

    The above Pie chart reveals that 27% of the customers are moderately

    recommended their CTV brand they are purchased. 24% of the customers are

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    neutral recommend their CTV brand they are purchased.20% of the customers

    are not recommended their CTV brands.

    14) Customer satisfaction towards CTV

    Satisfaction level

    Customer

    Satisfaction (%)

    Highly Satisfied 25

    Satisfied 23

    Average 27

    Less Satisfied 14

    Poor 11

    25

    2327

    14

    11

    Highly Satisfi

    SatisfiedAverage

    Less Satisf ie

    Poor

    The above results reveal that 27% of customers are average satisfied with the

    CTV they are purchased. This means that customer satisfaction level is average.

    25% of customers are highly satisfied with the CTV they are purchased.

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    15) Ranks given by groups to CTV companies

    Companie

    s

    Rank

    G1 G2 G3 G4 G5

    LG 28 26 27 25 30

    Samsung 22 20 13 22 18

    Sony 18 22 20 11 16

    Videocon 20 16 18 22 24

    BPL 12 16 22 20 12

    05

    101520253035

    RankG1

    G2 G3 G4 G5

    LG

    Samsung

    Sony

    Videocon

    BPL

    The above results reveal that all the groups give highest rank to the LG CTV

    Company. This means that most of the customer gives highest preference to LG

    CTV Company. After that customers give lower rank to Videocon CTV.

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    MultiDimensional Scaling

    Ranks given by groups to CTV companies

    Companie

    s

    Rank

    G1 G2 G3 G4 G5

    LG 28 26 27 25 30

    Samsung 22 20 13 22 18

    Sony 18 22 20 11 16

    Videocon 20 16 18 22 24

    BPL 12 16 22 20 12

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    Hypothesis Testing

    Lets take the hypothesis as :-

    H0 = Let there is correlation between various factors like

    quality, price, brand, scheme, technology and C.T.V purchase.

    H1 = There is no correlation between various factors like

    quality, price, brand, scheme, technology and C.T.V purchase.

    XDx

    Y

    Dy

    SAMSUNG LG VIDEO-CON

    BPL SONY

    +2 +1 0 -1 -2 f f dy f dy2 f dx

    QUALITY +2 8

    (32)

    8

    (16)

    4

    (0)

    4

    (-8)

    4

    (-16)

    28 56 11

    2

    24

    PRICE +1 6

    (12)

    10

    (10)

    6

    (0)

    2

    (-2)

    2

    (-4)

    26 26 26 16

    BRAND NAME 0 6

    (0)

    6

    (0)

    4

    (0)

    4

    (0)

    2

    (0)

    22 0 0 0

    SCHEME -1 2

    (-4)

    2

    (-2)

    4

    (0)

    6

    (6)`

    2

    (4)

    16 -

    16

    16 4

    TECNOLOGY -2 0

    (0)

    2

    (-4)

    2

    (0)

    6

    (12)

    6

    (24)

    16 -

    32

    64 32

    f 22 28 20 22 16 10

    8

    34 21

    8

    76

    f dx 44 28 0 -22 -32 18f dx2 88 28 0 22 64 20

    2f dxdy 40 20 0 8 8 76

    Coefficient of Correlation =

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    N fdxdy - fdxfdy

    r = Nfdx2-(fdx)2 Nfdy2-(fdy)2

    r = 108x76 (18)(34)__________ 108x202-(18) 2 108x218-(34) 2

    r = 8208_____

    146.6 x 149.62

    = 8208 ___ = 0.3741

    21935.2There is positive correlation between various factors, which I

    considered, and the CTV purchase.

    Let us take the hypothesis that there is association between CTV

    purchased and price influence.

    Price Influence on Color TelevisionCTV

    Brand

    High High

    Avg.

    Average Avg. Low Low

    Samsung 0 4 6 4 2LG 2 2 4 4 2Videocon 4 0 2 2 4BPL 0 4 6 4 2Sony 4 2 4 0 2Total 10 12 22 14 14

    Price Influence on Color Television

    CTV High High Average Avg. Low Low

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    Brand Avg.Samsung 2.28 2.74 5.03 3.2 2.74LG 2 2.4 4.4 2.8 2.4Videocon 1.72 2.06 3.77 2.4 2.06

    BPL 2.28 2.74 5.03 3.2 2.74Sony 1.72 2.06 3.77 2.4 2.06Total 10 12 22 14 12

    Observed

    Value

    Expected

    value (O-E) 2 (O-E) 2 /E0 2.28 5.20 2.282 2 0.00 0.004 1.72 5.20 3.020 2.28 5.20 2.284 1.72 5.20 3.024 2.74 1.59 0.582 2.4 0.16 0.070 2.06 4.24 2.064 2.74 1.59 0.582 2.06 0.00 0.006 5.03 0.94 0.194 4.4 0.16 0.042 3.77 3.13 0.836 5.03 0.94 0.194 3.77 0.05 0.014 3.2 0.64 0.204 2.8 1.44 0.512 2.4 0.16 0.074 3.2 0.64 0.200 2.4 5.76 2.402 2.74 0.55 0.202 2.4 0.16 0.074 2.06 3.76 1.832 2.74 0.55 0.20

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    2 2.06 0.00 0.0020.83

    2 Calculated = 20.83V = (r-1) (c-1) = (5-1) (4-1) = 16

    for V = 16 2 0.05 table value = 26.3

    So, 2 0.05 table value greater than 2 calculated value sohypothesis is accepted and there is positive relation between price

    influence and CTV purchased.

    Likert Scaling

    Are you satisfied with the CTV that you have purchased?

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    Satisfaction level

    Customer

    Satisfaction (%)

    Highly Satisfied 25

    Satisfied 23

    Average 27

    Less Satisfied 14

    Poor 11

    25

    2327

    14

    11

    Highly Satisfi

    Satisfied

    Average

    Less Satisf ie

    Poor

    The above result revels that 27% of customers are average satisfied with the

    CTV they are purchased. This means that customer satisfaction level is average.

    25% of customers are highly satisfied with the CTV they are purchased.

    25 23 27 14 11

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    5 4 3 2 1

    Highly Satisfied average satisfied less satisfied Poor

    Satisfied

    100*5=500 Highly satisfied

    100*4=400 Satisfied

    100*3=300 average satisfied

    100*2=200 less satisfied100*1=100 Poor

    25*5 +23*4 +27*3 +14*2 +11*1 = 337

    Here the score is 337 that lies between 300 & 400, So the consumer are satisfied

    with the CTV they are purchased.

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    FINDINGS

    FINDINGS

    Mostly the purchasing of TV done by combined decision of family. Head of

    family is also taking the important role in decision making in CTV

    purchase.

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    Quality of T.V. is most preferred features which the costumers consider

    during purchase of CTV followed by brand name and price.

    Price has a significant influence on the purchase of T.V. because of in

    Yamuna Nagar large population belongs to medium class family.

    Price also play a measure role in switching over in another brand C.T.V.

    by customers. References group also has significant effect on switching

    decisions.

    If we see the after sales service of the companies most of the people are

    satisfied with the after sales services of the their T.V

    After sales service SAMSUNG has gain rank 1 followed by BPL, LG,

    SONY and VIDEOCON.

    Coupon & exchange offer are the most preferred schemes consider by

    consumer during purchase because they attract the customer quickly

    Consumer gives preferences to the CTV companies on the basis of brand

    image and durability

    Most of the CTV Companies are spending lot on the promotion activities to

    increase the brand awareness.

    When it comes to giving benefits to customers sample thinks that LG CTV

    Company provides the maximum benefits.,

    SUGGESTIONS

    Manufacturers most try to improve upon after sales service which is

    measure calls for repurchase of brand.

    Scheme like coupon free gift should be provided to the customers.

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    Quality should be improved and new technology should be adopted.

    Price has significant influence in purchasing so it is require that company

    should try to cut out their cost like by reducing cost of advertisement.

    Companies most take a step to improve the dealership network and

    service station and required to putting afford for motivation through

    demonstrations.

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    CONCLUSION

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    CONCLUSION

    After analysis observed that the main points of consideration buying a CTV are

    price and the brand. It is generally the trade off between these two, whichdetermines the purchase.

    The entry of foreign companies and the revival by domestic player has provided

    the Indian consumer with plethora of opportunities to choose from in addition to

    creating clutter. Thus consumers are definitely not brand loyal while purchasing

    CTV.

    More customers of Indian Market lie in the middle class and hence they prefer

    product of competitive price. Consumer generally prefers to buy a brand with

    high quality features at less price. The purchase decision of the consumer is

    affected by the brand and price of the product.

    After sale service, price and quality play in important role in the purchasing

    decision of CTV in Yamuna Nagar and promotional schemes like coupon, free

    gift, exchange offer, guaranty, play important role in attracting the customer to

    purchase new colour Television.

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    Bibliography

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    Bibliography

    Websites

    1. http://www.ciadvertising.org/sa/fall_05/adv380j/gaemi/final/home.htm-consumer

    2. http://madeinatlantis.com/smartshopping/new_products_consumer_prefer

    ences.htm

    3. www.1000ventures.com/business_guide/crosscuttings/ customer _ satisfa

    ction .html

    4. http://en.wikipedia.org/wiki/Customer_satisfaction

    5. 5. http://www.LG.com/dist.as

    6. http://www.Videocon.com :

    7. http://www.Samsung.com/

    8. http://www.BPL.com/

    9. http://www.Sony.com

    BOOKS:

    Suja R. Nair, Consumer Behaviour in Indian Perspectives (First

    Edition: 2001), Himalaya Publishing House, Mumbai-400004. Chapter

    1, PP 3-6 .Leon G. Schiff man and Lesli Lazar kanauk, Consumer Behaviour,

    Eight Edition, Prentice Hall of India, New Delhi, PP 8,9,11,19,20.

    G.C. Beri, Marketing research, Third Edition, Tata Mc graw Hill

    Publications PP 95-98,233 .

    http://www.ciadvertising.org/sa/fall_05/adv380j/gaemi/final/home.htm-%20%20%20%20%20consumerhttp://www.ciadvertising.org/sa/fall_05/adv380j/gaemi/final/home.htm-%20%20%20%20%20consumerhttp://madeinatlantis.com/smartshopping/new_products_consumer_preferences.htmhttp://madeinatlantis.com/smartshopping/new_products_consumer_preferences.htmhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://en.wikipedia.org/wiki/Customer_satisfactionhttp://opt/scribd/conversion/tmp/scratch6503/%20http://www.LG.com/dist.ashttp://www.samsung.com/http://www.samsung.com/http://www.bpl.com/http://www.bpl.com/http://www.ciadvertising.org/sa/fall_05/adv380j/gaemi/final/home.htm-%20%20%20%20%20consumerhttp://www.ciadvertising.org/sa/fall_05/adv380j/gaemi/final/home.htm-%20%20%20%20%20consumerhttp://madeinatlantis.com/smartshopping/new_products_consumer_preferences.htmhttp://madeinatlantis.com/smartshopping/new_products_consumer_preferences.htmhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://www.1000ventures.com/business_guide/crosscuttings/customer_satisfaction.htmlhttp://en.wikipedia.org/wiki/Customer_satisfactionhttp://opt/scribd/conversion/tmp/scratch6503/%20http://www.LG.com/dist.ashttp://www.samsung.com/http://www.bpl.com/
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    Kothari, C.R, Research methodology, methods & techniques, new

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    Magazines

    1. Sampling, Business Research, June 2005, pp 31

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    P no. 35 :

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    ANNEXUTRE

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    AnnexureQUESTIONNAIRE

    Consumer Behaviour and Satisfaction

    Regarding various brands of 21 flat colour television.

    A case study of Yamuna Nagar

    Name _________________ S/O______________________

    Age ___________________________________________

    Occupation ______________Income per annum______________

    Address ___________________________________________

    ________________________________Ph.________

    1) Which Brand of the flat colour television do you own?

    LG Videocon

    Samsung BPL

    Sony

    2) What is most preferable feature you consider while purchasing CTV?

    Price Scheme

    Brand Name Quality

    Technology

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    3) Who plays important play role in decision making of purchase of CTV?

    Head of family Children

    Lady Grand lady

    Combined Any other

    4) How would you come to know about these CTV brands?

    Through friends Family members

    Advertisement Publicity

    Any other

    5) If other brands offering attractive schemes, will you change to other

    brands, if yes, will you prefer?

    Sure often

    Neutral Not sure

    Never

    6) Which type of media influence your purchase behaviour?

    T.V. Hording

    Newspaper Magazine

    Wall painting

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    7) How much aware are you and involved in purchasing of flat CTV?

    More involvement Normal involvement

    Less involvement No involvement

    8) In your opinion what role advertisement plays?

    Provides important details Creates awareness

    Give information Convenience in purchase

    Misleading

    9) In your opinion which company gives the maximum benefits to customers?

    LG Samsung

    Videocon BPL

    Sony

    10) Which is your post purchase experience with your CTV?

    Excellent very good

    Good Average

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    Poor

    11) If anybody asks you about which CTV purchased by you then your

    behavior towards your brand

    Strongly recommend Moderately Recommend

    Neutral Not recommend

    Never recommend

    12) Are you satisfied with the CTV that you have purchased?

    Highly satisfied Satisfied

    Average Less satisfied

    Poor

    13) To what extent price influence your purchase behaviour of flat CTV?

    Very High High average

    Average Average low

    Low

    14) Are you aware about different promotion of activities adopted by flat CTV?

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    Yes No

    15) How do you rank the colour T.V. companies in the scale of 1-5?

    Group 1 Group2 Group3 Group4 Group5

    LG

    Samsung

    Sony

    VideoconBPL

    KINDLY SUGGEST TWO REFERENCES:

    ____________________________________________________

    ____________________________________________________

    Place ______________

    Date_______________ Signature

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