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A SYNOPSIS
ON
REMARKS OF EVALUATOR
APPROVED/DISAPPROVED APPROVED/DISAPPROVED
SESSION:-2008-10
GJUS&T, HISAR
ANNEXURE-II
2. DESIGNATION : PROFESSOR
3. QUALIFICATION :
5. EXPERIENCE :
6. OFFICIAL ADDRESS :
8. MOBILE :
9. E-MAIL :
CERTIFICATE
This is to certify that Mr. Jitendra Upadhyay, Enrolment No. 08061148090 has preceded under
by supervision his Research Project Report on “Study of Marketing Screening and Consumer
Buying Behaviour” in the specialization area “marketing behavior.”
The work embodied in this report is original and is of the standard expected of an MBA student
and has not been submitted in part or full to this or any other university for the award of any
degree or diploma. He has completed all requirements of guidelines for Research Project Report
and the work is fit for evaluation.
DECLARATION
This is to certify that the project Report entitled “Study of Marketing Screening And
Consumer Buying Behaviour” is an original work and has not been submitted is part or full to
this or any other university/institution the award of any degree or diploma.
Signature of candidate-
This project ‘market screening & buying behavior of particular context of Godrej’ a newly
launched product of sliding channel. In all India was a great chance for me where I enhance
my knowledge regarding market Research .
Lastly we can say that, Project is essential to understand business environment and become
the habituated with the term and condition of corporate world . This will provide me the
practical and theoretical understanding about the business arena. This experience will also help
me when I will in my first job
Returning to India, Adi Godrej was the first business graduate in the company. As a young
family member, he faced the management challenge of bringing about change. Much of his work
was devoted to modernizing and systematizing management structures and implementing process
improvements.
Another great challenge until the 1990s was running a private–sector business in a government–
controlled economy. Godrej has also been involved in the company's philanthropic efforts, which
center on the environment, family planning, and education.
Also refer to Use & Care booklet supplied with the Microwave Oven that talk - how to remedy
some of the problems that are not due to the failure of Security System and operation of various
controls. Variety of information including detailed drawings of various assemblies, reference
code.
All Locks Division need absolutely careful handling and a regular maintenance by customer &
you, who as a service provider have additional responsibility of maintaining the Locks Division
in good working condition, during its lifetime. Therefore, it is important
That before you begin any repair or diagnosis on the Microwave Oven, please read service Nos.
along with the description of spare parts, electric circuit diagrams and the chart for trouble
shooting are enclosed for better understanding of the product and effective aftersales- service to
valued consumers.
Review of literature and problem statement
Market screening
Market screening is a useful first step for retailers or developers who are trying to identify the
best locations in a large geography. The Strategic Edge has conducted numerous multi-state,
regional, and nationwide screenings. Each screening is customized to match key success
variables of the retailer / developer to the geographies that exhibit those characteristics. In other
words, we can locate the geographic areas which have a profile similar to your target customer
and provide the greatest opportunity for expansion.
Purpose:
The Strategic Edge Clients have used our market screenings for two strategic thrusts:
Expansion Strategy
Acquisition Strategy
What influences consumers to purchase products or services? The consumer buying process is a
complex matter as many internal and external factors have an impact on the buying decisions of
the consumer. When purchasing a product there several processes, which consumers go through.
These will be discussed below.
1. Problem/Need Recognition
How do you decide you want to buy a particular product or service? It could be that your
DVD player stops working and you now have to look for a new one, all those DVD films
you purchased you can no longer play! So you have a problem or a new need. For high
value items like a DVD player or a car or other low frequency purchased products this is
the process we would take. However, for impulse low frequency purchases e.g.
confectionery the process is different.
2. Information search
So we have a problem, our DVD player no longer works and we need to buy a new one.
What’s the solution? Yes go out and purchase a new one, but which brand? Shall we buy
the same brand as the one that blew up? Or stay clear of that? Consumer often goes on
some form of information search to help them through their purchase decision. Sources of
information could be family, friends, neighbours who may have the product you have in
mind, and alternatively you may ask the sales people, or dealers, or read specialist
magazines like What DVD? To help with their purchase decision. You may even actually
examine the product before you decide to purchase it.
4. Purchase decision
Through the evaluation process discussed above consumers will reach their final
purchase decision and they reach the final process of going through the purchase action
e.g. The process of going to the shop to buy the product, which for some consumers can
be as just as rewarding as actually purchasing the product. Purchase of the product can
either be through the store, the web, or over the phone.
Ever have doubts about the product after you purchased it? This simply is post purchase
behavior and research shows that it is a common trait amongst purchasers of products.
Manufacturers of products clearly want recent consumers to feel proud of their purchase;
it is therefore just as important for manufacturers to advertise for the sake of their recent
purchaser so consumers feel comfortable that they own a product from a strong and
reputable organization. This limits post purchase behavior. I.e. you feel reassured that
you own the latest advertised product.
Culture is one factor that influences behavior. Simply culture is defined as our attitudes
and beliefs. But how are these attitudes and beliefs developed? As an individual growing
up, a child is influenced by their parents, brothers, sister and other family member who
may teach them what is wrong or right.
9. Market survey.
10. SWOT analysis of company.
Research Methodology
Organizations often want to know everything about that product , services , programs , policies,
etc. Business research is systematic way to collect information and get knowledge out of it with a
methodology , so that the derived knowledge can be used to make decisions . Usually managers
face major issues like ongoing complaints from customers , need to convince financers , unmet
needs among customers , the need to polish and internal process , issues while managing men ,
machines , materials and money, issues of forecasting and future plans. Research helps us decide
rationally. Marketing research is the process and the tool needed to reduce risk in managerial
decisions making. Business research is a systematic inquiry that provide systematic knowledge
to guide managerial decisions. In other words it is a process of planning , acquiring, analyzing
and disseminating relevant data, information, and insights to decision makers in ways that
mobilize the organization to take appropriate actions that, in turn ,maximize business
performance.
The methods and procedures adopted in this “research – study “ are as under:-
TYPES OF REAEARCH:-
Among various types of research mainly two types of research methods are used in this study.
They are :-
Descriptive research.
Analytical research.
“Descriptive research “includes surveys and fact- finding inquiries of deferent kinds. The
major purpose of descriptive research is description of state of affairs, as it exists at present.
DATA COLLECTIONS
Data collection is one the major activities perform under survey data refers to collection of
natural phenomena descriptors, including the results of experience, observation or
experiments, or a set of premises. This may consist of numbers, words, or images,
particularly as a measurements or observation of a set of variables.
Surveys.
Questionnaire.
Observation.
Experiments.
This can be hide from various sources like news papers, T.V., reports and journals etc.
Questionnaire
Name of outlet- and contact no.
1. Yes 2.No
2. Company Name.
A. ….. B. …… C. …… D. ……
A… B……… C……… D. …
A …..... B. … …. C. ….. . D. ……
10. Are you satisfied with these companies? (By which company and why)
Referance
Website –
www.onlineresearchonline.com
www.godrej.com
Wikipedia.com
Thanks