Consumer Buying Behaviour-1
Consumer Buying Behaviour-1
Consumer Buying Behaviour-1
INTRODUCTION
Research Methodology
Research methodology is the master plan for conducting the research
study. It should be noted that a research methodology is unique to
research design. As the project undertaken by me primarily operations
of Reliance Fresh Store emphasizes on the store. Descriptive research
involves the description of the characteristics of the variable,
description of the extent of association between variables and it allows
the researcher to inter about the variables. Like in this case, the
variables were analyzing and it allows the researcher to inter about the
variables. The variables were analyzing foot-fall, catchment area and
the average ticket size of the customers. Another reason was that I
worked on the data provided by the store i.e. it was secondary data
(total foot-fall, total sales, total no. of customers etc) for a month and I
knew which parameters to work upon. Also I interviewed the customer
and observed their behaviour towards store.
I gathered data of one month from the Reliance store i.e. from 1 st
September to 31st September as the sample size. It included total
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foot-fall, total customer, total sales, Average sales per customers No. of
items sold and conversion ratio. For the questionnaire filling I took a
sample of 15 people from the nearby locations. I also interviewed those
who visited the store regarding store ambiance, assortments of products
and service provided.
The type of sampling procedure which I have chosen is convenience
sampling is a generic term that covers wide variety of As-hoe
procedures for selecting respondents.
Since sampling units were accessible, convenient, easy to measure,
co-operative and articulate, I used convenience sampling. I interviewed
the customers and analyzed the given data through my own
convenience and expertise.
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2. CONCLUSION
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CONSUMER
Buying behaviour will be a primary force in determining how this
transition will evolve. Getting closer to the customer in todays highly
competitive landscapes essential for the entire industry and is no longer
just a retail issue.
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PROBLEM STATEMENT
Make a comprehensive study of Reliance fresh & know the buying
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4. RESEARCH OBJECTIVES
Research is one of the most vital parts of the survey and is related to
collection of information and knowledge. Marketing research is
defined as the systematic design, collection, and analysis reporting of
data and findings relevant to a specific marketing situation facing the
company.
My objection behind this study as a whole was to understand the exact
operations of the Reliance Fresh Stores.
My main research objectives were as follows:
1. Building knowledge base on customer, competitors and
marketing for Reliance store and transferring that knowledge
between strategic business unit and among key managers.
2. Conducting primary market research for reliance fresh to ensure
that projects meet there objectives are cost effective and avoid
duplication of other work.
3. To measure the no. of customers visiting Reliance fresh and their
conversion ration.
4. To calculate the average amount of purchasing day of the
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customers.
5. To understand the consumer response and their preferences.
6. To anticipate prospective consumers for the store.
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5. RESEARCH METHODOLOGY
It is the specification of the methods and procedures used for acquiring
the information needed. In short, it is the master plan for conducting the
research study. It should be noted that a research methodology is
unique to a research design
It includes:
Re-Type
Sample size
Sampling procedures
Data collection techniques
Time of collection
Limitation of research
Methodology:
The methodology of research study was descriptive research.
Descriptive research includes surveys and fact finding investigation.
The major purpose of descriptive research is, description of state of
affairs as it exists at present
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Type of Research
Descriptive type research has used to complete the project. This
research is based on fact finding enquires and the variables are totally
independent and uncontrollable.
Data collection:
Primary Data
Primary data of research are collected from direct resources (customer
of Reliance fresh) through questionnaire.
Secondary Data
Secondary Data which are used for research to know the history scope
of Retail industry are collected from already available resources like
net and other sources.
Sampling Technique
Simple Random sampling is used
A sample size of 70 respondents has been taken
Data Collection: Primary data for research are collected from direct
resources i.e. customer of Reliance fresh who visit retail outlet through
questionnaire.
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Sample size
70 respondents has selected as sample size for research
Data representation technique and tools
Columns chart & Pie chart has used for representation.
Time of collection
Tine of collection of my research study was 1 month of analysis the
catchment area, Footfall and average Ticket size of the customers. In
one month time I was able to understand the trend of the store and also
how various store related activities like dumping, indenting,
markdown, assortments of the product were done.
Limitation of the study:
The study was limited to few Reliance Fresh outlets which is located
Mumbai There can be response bias from the respondents, which limits
the validity of findings.
Authenticity of the response of the customer cannot be
ascertained.
Most of the consumer prefer to go for local market
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6. HYPOTHESIS OF RESEARCH
A research hypothesis is a specific, clear, and testable proposition or
predictive statement about the possible outcome of a scientific research
study based on a particular property of a population, such as presumed
differences between groups on a particular variable or relationships
between variables. Specifying the research hypotheses is one of the
most important steps in planning a scientific quantitative research
study. A quantitative researcher usually states and a priori expectation
about the results of the study in one or more research hypotheses before
conducting the study, because the design of the research study and the
planned research design often is determined by the stated hypotheses.
Thus, one of the advantages of stating a research hypothesis is that it
requires the researcher to fully think through what the research question
implies, what measurements and variables are involved, and what
statistical methods should be used to analyze the data.
Testing of Hypothesis:
Sales
Weekdays Average = 62,708.23
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7. ANALYSIS
UNDERSTANDING THE BUYING BEHAVIOUR OF
RELIANCE FRESH CONSUMERS
DEFINITION
Purchase decision making pattern that is a complex amalgam of needs
and desires, and is influenced by factors such as the consumer's
(1) Societal role (parent, spouse, worker, etc.),
(2) Social and cultural environment and norms, and
(3) Aspirations and inhibitions.
Buying Behaviour is in the Advertising, Marketing, & Sales and
Purchasing & Procurement subjects.
Buying Behaviour appears in the definitions of the following terms:
marketing
research,
advertisement
(ad),
ACORN,
economic
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8. INTERPRETATION
(1).
Male
15
Female
27
Male
Female
'Arithmetic Mean'
A mathematical representation of the typical value of a series of
numbers, computed as the sum of all the numbers in the series divided
by the count of all numbers in the series.
Arithmetic mean is commonly referred to as "average" or simply as
"mean".
The most commonly used type of average. To find the arithmetic mean
of a set of n numbers, add the numbers in the set and divide the sum
by n.
Arithmetic Mean = X/n
Where
X = Individual value
n = Total number of values
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Question
X/n
Mean
Male
15/70
0.22
Female
27/70
0.39
Analysis Data collected for project from 30 responded in which 27 are female
and 15 are male of total respondent.
Interpretation In total respondent we analyses that most of the customer in this store is
female and their demand always consider at the time of taking the
decision. Company should try to attract new male customer by provide
new scheme on their customer.
(2).
10-20
15
Age of customer
21-50
23
51 &
above
12
250
200
150
100
50
0
10-20
21-50
51 & above
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X/n
15/70
23/70
12/70
Age of customer
10-20
21-50
51&above
mean
0.22
0.33
0.18
Analysis Data collected for project from 30 responded in which 15 the ages
between 10 - 2O are 23 are between age of 21 - 5O which are and 12 are
between age of 51 & above of total respondent.
Interpretation In total respondent we analyses that most of the customer are youth. In
my observation l found that most new people believe in convenience
shopping it help the company to keep management such type which
understand the problem of customer easily and rectify the problem
effectively
(3). How offer do you shop
Daily ( ) Week ( ) Fortnightly ( ) Once in month ( )
Daily
Week
26
Once
Fortnightly
in
month
9
12
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250
200
150
100
50
0
Daily
Week
Fortnightly
X/n
8/70
26/70
9/70
12/70
Once in
month
Mean
0.12
0.38
0.13
0.18
Analysis Data collected for project from 30 responded in which 8 are like to
purchase daily and 26 are like to purchase weekly and 9 are likely to
purchase fortnightly, 12 likely to purchase once in a month of total
respondent
Interpretation In total respondent we analyses that most of the customer are likely to
purchase on weekend .in my observation I found that more scheme
should be provided on weekend.
(4). what do you mostly shop for at mentioned store?
Vegetables ( ) Grocery ( ) cosmetic product ( ) all product ( )
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Vegetable Grocery
15
16
Cosmetic
All
product Product
9
20
X/n
Mean
Vegetable
Grocery
15/70
0.22
16/70
0.23
Cosmetic product
9/70
0.13
All Product
20/70
0.29
Mostly shopping
done
12
20
13
Quality
Brand
Price
One stop shop
Preference of
shopping
Quality
Brand
Price
One stop shop
X/n
Mean
12/70
20/70
9/70
13/70
0.18
0.29
0.13
0.19
Big
apple
17
Other
10
300
250
200
150
100
50
0
Local market
preference for
purchasing
Local market
Reliance fresh
Big apple
Other
Releince
fresh
Big apple
Other
X/n
Mean
24/70
18/70
17/70
10/70
0.35
0.26
0.25
0.15
sector didn't penetrate the market. Company should try to open new
convenience store and provide more scheme and good service to
customer to penetrate the market Initial it may be costlier, but it will
give long term benefit.
(7). Do advertisement and promotion influence your shopping
decision?
Yes ( ) No ( )
Yes
32
No
17
500
400
300
200
100
0
Yes
No
Mean
0.46
0.25
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Yes
No
Some time
Promotion scheme
X/n
Mean
Yes
15/70
0.22
No
12/70
0.18
Sometime
11/70
0.16
Fair
19
Poor
8
250
200
150
100
50
0
Excellent
Good
Fair
Poor
X/n
Mean
Excellent
12/70
0.18
Good
22/70
0.32
Fair
19/70
0.28
Recommend Reliance
Fresh
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poor
8/70
0.12
Analysis -Data collected for project from 30 responded in which 12 customer say
excellent and 22 say good, 19 say fair and 8 customers are those say poor.
Interpretation -In my observation I found that only 466% customer are fully satisfied
from the store company should try satisfy the customer by providing better service and
rectify their problem immediately.
(10). which form of advertisement do you think is most effective?
Print ( ) TV ( ) Radio ( ) telephone ( )
Print
15
TV
20
Radio Telephone
10
25
200
180
160
140
120
100
80
60
40
20
0
Print
TV
Radio
Telephone
Advertisement effect
X/n
Mean
Print
TV
Radio
Telephone
15/70
20/70
10/70
25/70
0.22
0.29
0.15
0.36
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Analysis -Data collected for project from 30 responded in which 20 customer say TV
and 15 say print, 10 say Radio and 25 customers are say telephone.
Interpretation -According responded result company can choose telephone as best for
advertisement and call industrial for attracting the customer.
(11) Did you get help from CSA when asked?
Yes ( ) No ( ) sometime ( ) Never ( )
Some
Yes
No
Never
time
19
15
18
10
250
200
150
100
50
0
Yes
No
Some time
Never
9. FINDING
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10.LIMITATIONS
The project has some limitations because it is totally based on efforts of individuals.
Peoples may be careless and may not give correct answer to the questions, because of so
many reasons.
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11.SUGGESTION
1. More promotion scheme should be used to penetrate the market
2. Skilled employees should be higher because mostly customers are young
3. Promotion scheme should in such way that customer can understand easily.
4. Service of store should be providing in such way which full the need of the
customer.
CONCLUSION
With the growing retail concept Reliance Fresh is really a fresh air in the arena of
vegetable and fruit market. But due to some political and local problems all Reliance
stores are not allowed to keep vegetables and fruits according to their goal.
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12.APPENDIX
RELIANCE FRESH
QUESTIONNAIRE
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Disagree
Strongly Agree
Strongly disagree
Disagree
Strongly disagree
Disagree
Strongly Agree
Strongly disagree
Disagree
Strongly disagree
Disagree
Strongly Agree
Strongly disagree
Disagree
Strongly Agree
Strongly disagree
Disagree
Strongly Agree
Strongly disagree
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20- What was the reason for the delay between the purchase decision and the actual
purchase?
1. Financial constraints
2. Waiting for more innovative product
3. Waiting for market response
21- What influenced you to buy the above stated brand(s) ?
1. Advertising
2. Shop Display
3.Word of mouth
4. Family/Friend/Relatives
5. Attractive packaging
6. Any Other
7. Dealer
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BIBLOGRAPHY
Referred Books R. Panneer selvam, Research Methodology, Published by: Ashok K Ghosh, PHI
learning private ltd. Haryana, on April 2012.
C.R. Kothari, Research Methodology Methods & Techniques (second revised
edition) Published by: New age international (p) limited, New Delhi on 2004.
Referred Site
http://en.wikipedia.org/wiki/Reliance_Industries on 25th Aug 2014
http://books.google.co.in/books/about/Phenomenological_Research_Methods on
20th Aug 2014.
http://www.ril.com/html/business/business_retail.html on 24th Aug 2014.
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