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Impact of Consumer Perception on Buying Behavior in Apparel Retail Sector, with special ... PDF

353 Pages·2010·3.28 MB·English
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Impact of Consumer Perception on Buying Behavior in Apparel Retail Sector, with special reference to Selected Indian Cities Thesis Submitted to the Padmashree Dr. D. Y. Patil University, Department of Business Management in partial fulfillment of the requirements for the award of the Degree of DOCTOR OF PHILOSOPHY in BUSINESS MANAGEMENT Submitted by AMIT AGGRAWAL (Enrollment No. DYP-PhD-066100002) Research Guide Dr. PRADIP MANJREKAR PROFESSOR PADMASHREE DR. D.Y. PATIL UNIVERSITY, DEPARTMENT OF BUSINESS MANAGEMENT, Sector 4, Plot No. 10, CBD Belapur, Navi Mumbai – 400 614 June 2010 Impact of Consumer Perception on Buying Behavior in Apparel Retail Sector, with special reference to Selected Indian Cities Thesis Submitted to the Padmashree Dr. D. Y. Patil University, Department of Business Management in partial fulfillment of the requirements for the award of the Degree of DOCTOR OF PHILOSOPHY in BUSINESS MANAGEMENT Submitted by AMIT AGGRAWAL (Enrollment No. DYP-PhD-066100002) Research Guide Dr. PRADIP MANJREKAR PROFESSOR PADMASHREE DR. D.Y. PATIL UNIVERSITY, DEPARTMENT OF BUSINESS MANAGEMENT, Sector 4, Plot No. 10, CBD Belapur, Navi Mumbai – 400 614 June 2010 Impact of Consumer Perception on Buying Behavior in Apparel Retail Sector, with special reference to Selected Indian Cities I “I DEDICATE THIS RESEARCH THESIS TO MY PARENTS, WITHOUT WHOSE INSPIRATION AND SUPPORT, BLESSINGS AND NOBLE UPBRINGING, I WOULD NOT HAVE BEEN ABLE TO BE A PERSON TO DO SUCH AN EXTENSIVE WORK LIKE THIS” --AMIT AGGRAWAL II DECLARATION I hereby declare that the thesis entitled “Impact of Consumer Perception on Buying Behavior in Apparel Retail Sector, with special reference to Selected Indian Cities” submitted for the Award of Doctor of Philosophy in Business Management at the Padmashree Dr. D.Y. Patil University Department of Business Management is my original work and the thesis has not formed the basis for the award of any degree, associate ship, fellowship or any other similar titles. Place: Date: Signature of the Guide Signature of the Head of the dept. Signature of the student III CERTIFICATE This is to certify that the thesis entitled “Impact of Consumer Perception on Buying Behavior in Apparel Retail Sector, with special reference to Selected Indian Cities” and submitted by Mr. AMIT AGGRAWAL is a bonafide research work for the award of the Doctor of Philosophy in Business Management at the Padmashree Dr. D. Y. Patil University Department of Business Management in partial fulfillment of the requirements for the award of the Degree of Doctor of Philosophy in Business Management and that the thesis has not formed the basis for the award previously of any degree, diploma, associate ship, fellowship or any other similar title of any University or Institution. Also certified that the thesis represents an independent work on the part of the candidate. Place: Date: Signature of the Head of the department Signature of the Guide IV ACKNOWLEDGEMENT In the first place, I am indebted to the Padmashree Dr. D.Y. Patil University Department of Business Management, which has accepted me for Doctorate program and provided me with an excellent opportunity to carry out the present research project. I offer my sincere gratitude to my Research Guide Dr. Pradip Manjrekar whose constant guidance has helped me to conduct this detailed research. It will not be justified on my part if I fail to offer my heart-filled thanks to Dr. R. Gopal, Director & Dean, Department of Business Management, Padmashree Dr. D.Y. Patil university, Mumbai who has also been constantly guiding me. I would like to make a very special mention of my brother Sri Atul Agarwal and sister in law Smt. Shivani Agarwal who have been constantly a motivating and guiding force in my present research. This research could not have been possible without their support. My wife Smt. Shilpi Agarwal deserves great acknowledgement in true sense who has always been a force to keep me riveted to my dedication towards the present research. Besides, I thank all my friends, well wishers and representatives from industry and academics who have directly or indirectly contributed to my research. Place: Date: Signature of the student V LIST OF CONTENTS CHAPTER TITLE PAGE NO. NO. I List of Figures VII II List of Tables XIII III List of Abbreviations XIX IV Executive Summary XX 1 Introduction 1 2 Review of Literature 21 3 Statement of Problem 53 Objectives Hypothesis Research Methodology 4 Profile of the Respondents 64 5 Influence of Socio Economic 70 and Cultural Background in Creating Consumer Perception 6 Influence of Advertising 96 in Creating Consumer Perception 7 Influence of Sales Promotion 122 in Creating Consumer Perception 8 Influence of Price 148 in Creating Consumer Perception 9 Influence of Brand Image 174 in Creating Consumer Perception 10 Conclusions and Recommendations 200 Annexure: 222 1 Case Studies: 223 Case 1: Adidas 224 Case 2: Aza fashions private limited 225 Case 3: French connection 226 Case 4: Levis 227 Case 5: Lifestyle 228 Case 6: Provogue 229 Case 7: Puma 230 Case 8: Shopper’s stop 231 Case 9: Tommy Hilfiger 232 Case 10: Westside 233 2 Questionnaire 234 3 Data Tables 242 4 Bibliography 306 VI LIST OF FIGURES No. TOPIC Page 1 Gender-wise composition of the respondents 65 2 Age-wise composition of the respondents 66 3 Qualification-wise composition of the respondents 67 4 Income-wise composition of the respondents 68 5 City-wise composition of the respondents 69 Prefer branded apparels than unbranded apparels (Gender-wise 6 Analysis) 71 7 Prefer branded apparels than unbranded apparels (Age-wise Analysis) 72 Prefer branded apparels than unbranded apparels (Qualification-wise 8 Analysis) 73 Prefer branded apparels than unbranded apparels (Family Income-wise 9 Analysis) 74 10 Prefer branded apparels than unbranded apparels (City-wise Analysis) 75 11 Preference for a specific brand (Gender-wise Analysis) 76 12 Preference for a specific brand (Age-wise Analysis) 77 13 Preference for a specific brand (Qualification-wise Analysis) 78 14 Preference for a specific brand (Family Income-wise Analysis) 79 15 Preference for a specific brand (City-wise Analysis) 80 Influenced more by my self opinion rather than family members (Gender- 16 wise Analysis) 81 Influenced more by my self opinion rather than family members (Age-wise 17 Analysis) 82 Influenced more by my self opinion rather than family members 18 (Qualification-wise Analysis) 83 Influenced more by my self opinion rather than family members (Family 19 Income-wise Analysis) 84 Influenced more by my self opinion rather than family members (City-wise 20 Analysis) 85 Brand preference also influenced demonstratively by peer group (Gender- 21 wise Analysis) 86 Brand preference also influenced demonstratively by peer group (Age- 22 wise Analysis) 87 Brand preference also influenced demonstratively by peer group 23 (Qualification-wise Analysis) 88 Brand preference also influenced demonstratively by peer group (Family 24 Income-wise Analysis) 89 Brand preference also influenced demonstratively by peer group (City- 25 wise Analysis) 90 26 Reasons for the brand preference (Gender-wise Analysis) 91 27 Reasons for the brand preference (Age-wise Analysis) 92 VII 28 Reasons for the brand preference (Qualification-wise Analysis) 93 29 Reasons for the brand preference (Family Income-wise Analysis) 94 30 Reasons for the brand preference (City-wise Analysis) 95 Brand preference is effected by the advertising of the brand (Gender-wise 31 Analysis) 97 Brand preference is effected by the advertising of the brand (Age-wise 32 Analysis) 98 Brand preference is effected by the advertising of the brand (Qualification- 33 wise Analysis) 99 Brand preference is effected by the advertising of the brand (Family 34 Income-wise Analysis) 100 Brand preference is effected by the advertising of the brand (City-wise 35 Analysis) 101 Brand preference effected by following media of advertising (Gender-wise 36 Analysis) 102 Brand preference effected by following media of advertising (Age-wise 37 Analysis) 103 Brand preference effected by following media of advertising (Qualification- 38 wise Analysis) 104 Brand preference effected by following media of advertising (Family 39 Income-wise Analysis) 105 Brand preference effected by following media of advertising (City-wise 40 Analysis) 106 Advertising appeal that influences preference for the brand (Gender-wise 41 Analysis) 107 Advertising appeal that influences preference for the brand (Age-wise 42 Analysis) 108 Advertising appeal that influences preference for the brand (Qualification- 43 wise Analysis) 109 Advertising appeal that influences preference for the brand (Family 44 Income-wise Analysis) 110 Advertising appeal that influences preference for the brand (City-wise 45 Analysis) 111 Endorsement by celebrities effects my brand preference (Gender-wise 46 Analysis) 112 Endorsement by celebrities effects my brand preference (Age-wise 47 Analysis) 113 Endorsement by celebrities effects my brand preference (Qualification- 48 wise Analysis) 114 Endorsement by celebrities effects my brand preference (Family Income- 49 wise Analysis) 115 Endorsement by celebrities effects my brand preference (City-wise 50 Analysis) 116 Gimmicks and publicity stunts effect my preference for brand (Gender- 51 wise Analysis) 117 52 Gimmicks and publicity stunts effect my preference for brand (Age-wise 118 VIII

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Buying Behavior in Apparel Retail Sector, with special reference to Selected Selected Indian Cities” and submitted by Mr. AMIT AGGRAWAL is a 7. Influence of Sales Promotion in Creating Consumer Perception. 122. 8 Indian retail market has grown from Rs. 7,04,000 crore in 2005 to Rs.
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