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Project Telecommunication
INTRODUCTION
1.1 Background
Customer personal values are the important factors which affect customer
behaviors, and they guide and decide the customer's attitudes and behaviors on the
products or the services. The paper thinks there are only several important
customer personal values to guide customer's decisions, and these values will
have -strong cultural differences. This study focuses on discussing the preferences
of customer personal values with Chinese culture background when customers
consume service and analyzes on the customer preferences of customer personal
values with the deep interview method.
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A Study on customer preference of various retail outlet with reference
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Cellular services can be further divided into two categories: Global System for
Mobile Communications (GSM) and Code Division Multiple Access (CDMA).
The GSM sectoris dominated by Airtel, Vodafone-Essar, and Idea Cellular, while
the CDMA sector is dominated by Reliance and Tata Indicom. Opening up of
international and domestic long distance telephony services are the major growth
drivers for cellular industry. Cellular operators get substantial revenue from these
services, and compensate them for reductionin tariffs on airtime, which along
with rental was the main source of revenue. The reduction in tariffs for airtime,
national long distance, international long distance, and handset prices has driven
demand.
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A Study on customer preference of various retail outlet with reference
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The global mobile phone industry is based on many different manufacturers and
operators. The industry is based on advanced technology and many of the
manufacturers are operating in different industries, where they use their
technological skills, distribution network, market knowledge and brand name.
Four large manufacturers of mobile phones are today dominating the global
mobile phone industry; Nokia, I phone, Samsung, Motorola and Oppo. In addition
to these companies there are many manufacturers that operate globally and
locally.
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A Study on customer preference of various retail outlet with reference
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Indian telecom sector is growing industry to cater with customer needs &
satisfaction. Regularly new innovative products are impacting market e:g the
various features to satisfy the customer preference . After lunching of 4G services
in India by Indian telecom sector. The innovation of new mobile handsets has
taken place the increasing number of subscribers in Indian cities & expected
growth in sector in retail industry. With growing popularity of urbanization &
innovative products with quality at all parameters customer view towards the
mobile handset has changed a lot.
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A Study on customer preference of various retail outlet with reference
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A Study on customer preference of various retail outlet with reference
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A Study on customer preference of various retail outlet with reference
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Micro
GEEPEE Zen max
X Electron Mobiles Motorola SAGEM Mobiles Mobile Samsung
San ViP
Airnet Air phone Hi-Tech Mobile Mobile Nokia Simoco
BlackBerr Sony Spice
y HTC Nelson Ericsson Spice Olive Telecom
Lava
celkon Mobiles Philips Lemon Lexus Lexus
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A Study on customer preference of various retail outlet with reference
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Mumbai is the commercial and entertainment capital of India, it is also one of the
world's top 10 centre’s of commerce in terms of global financial flow, generating
5% of India's GDP, and accounting for 25% of industrial output, 70% of maritime
trade in India (Mumbai Port Trust & JNPT), and 70% of capital transactions to
India's economy. Mumbai is home to important financial institutions such as the
Reserve Bank of India, the Bombay Stock Exchange, the National Stock
Exchange of India, the SEBI and the corporate headquarters of numerous Indian
companies and multinational corporations. Mumbai's business opportunities, as
well as its potential to offer a higher standard of living, attract migrants from all
over India and, in turn, make the city a potpourri of many communities and
cultures.
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A Study on customer preference of various retail outlet with reference
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The telecom industry is one of the fastest growing industries in India. India
has nearly 200 million telephone lines making it the third largest network in
the world after China and USA. With a growth rate of 45%, Indian telecom
industry has the highest growth rate in the world.
Much of the growth in Asia Pacific Wireless Telecommunication Market is
spurred by the growth in demand in countries like India and China. India‘s
mobile phone subscriber base is growing at a rate of 82.2%. Compared to that
India’s share in Asia Pacific Mobile phone market is 6.4%.Considering the
fact that India and China have almost comparable populations, India’s low
mobile penetration offers huge scope for Telecom sector was considered as a
strategic service and the government considered it best to bring under state's
control.
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A Study on customer preference of various retail outlet with reference
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sector. New National Telecom Policy was adopted in 1999 and cellular
services were also launched in the same year.
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A Study on customer preference of various retail outlet with reference
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Mission
Vision
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A Study on customer preference of various retail outlet with reference
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Definitions Of Retail
A. To sell in small quantities, as by the single yard, pound, gallon, etc.; to sell
directly to the consumer; as, to retail cloth or groceries.
Definitions Of Retailing
Retailing is the set of business activity that adds value to the products and services
sold to consumers for their personal or family use often people think of retailing
only as the sale of products in stores. But retailing also involves the sale of
services: overnight, lodging a motel, a doctor’s exam, a haircut, a videotape
rental, or a home-delivered pizza. Not all retailing is done in stores. Examples of
non-store retailing are Internet sales of records album by CDNOW, the direct
sales of cosmetics by Mary Kay, and catalog sales by L.L. Bean and Patagonia.
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A Study on customer preference of various retail outlet with reference
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Retailing is the most active and attractive sector of last decade. While the retailing
industry itself has been present since ages in our country, it is only the recent past
that it has witnessed to much dynamism. The emergence of retailing in India has
more to do with the increased purchasing power of buyer, especially post-
liberalization, increase in product variety, and increase in economics of scale,
with the aid of modern supply and distributions solution.
Indian retailing today is at interesting crossroad, the retail sale are the highest
point in history and new technologies are improving retail productivity. Though
there are many opportunities to start a new retail business, retailers are facing
numerous challenges.
Retailing in India is gradually inching its way toward becoming the next boom
industry. The whole concept of shopping has altered in term of format and
customer buying behavior, Ushering in a revaluation in shopping in India.
Modern Retail has entered India as scene in sprawling shopping center, multi
store malls and huge complexes offer shopping Entertainment & food all under
one roof.
India has topped the AT Kearney’s annual Global Retail Development Index
(GRDI) for the third consecutive year, maintaining its position as the most
attractive market for retail investment.
Modern retail accounts for about 4 percent of the total retail market in India. This
share is expected to increase to abort 15-20 percent with the entry of a number of
corporate into the segment. Modern retail format have grown by 25-30 percent in
India in the last year and could be worth US$ 175-200 billion by 2016.
The Indian retail sector is at inflexion point where the growth of organized
retailing in growth consumption by the Indian population is going to take a higher
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A Study on customer preference of various retail outlet with reference
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Retail in India picked up in the 1980s, when the country started to open its
economy. Today, the Indian retail industry is evolving at a fast pace. Potential
Goldmine-India ranks first in the 2005 Global Retail Development Index (GRDI)
released by AT Kearney, and is rated the fifth most attractive emerging retail
market.
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A Study on customer preference of various retail outlet with reference
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A Study on customer preference of various retail outlet with reference
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The total revenue in the telecom service sector was 86,720 crore (US$19.3
billion) in 2005-06 as against 71,674 crore (US$16 billion) in 2004-2005,
registering a growth of 21%.estimted revenue of FY'2011 is Rs.835 crore (US$ 19
Bn Approx).The total investment in the telecom services sector reached
200,660 crore (US$44.7 billion) in 2005-06, up from 178,831 crore
(US$39.9 billion) in the previous fiscal.[25] Telecommunication is the lifeline of
the rapidly growing Information Technology industry. Internet subscriber base
has risen to more than a 100 million in 2010.[26] Out of this 11.47 million were
broadband connections.[5] More than a billion people use the Internet globally.
Under the Bharat Nirman Programme, the Government of India will ensure that
66,822 revenue villages in the country, which have not yet been provided with a
Village Public Telephone (VPT), will be connected. However doubts have been
raised about what it would mean for the poor in the country.[27]
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A Study on customer preference of various retail outlet with reference
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For long distance calls, the area code prefixed with a zero is dialed first which is
then followed by the number (i.e. To call Delhi, 011 would be dialed first
followed by the phone number). For international calls, "00" must be dialed first
followed by the country code, area code and local phone number. The country
code for India is 91.
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The Buyer’s characteristics and decision process lead to certain decision. The
marketer’s task is to understand what happen in buyer consciousness between the
arrival of outside stimuli and buyer purchase decision.
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Problem Recognition:-
Buying process starts when the buyer recognizes his problem or need. The need
can be figured by internal or external stimuli. Internal stimuli can be hunger, thirst
etc. rises to a they’re sold level and becomes a drive. In letter case a need is
aroused by external stimulus e.g. A person passing from a bakery and sees freshly
baked bread that stimulates his hunger.
Marketer need to identify the circumstances that trigger a particular need by
gathering information from number of customer, marketer can identify the most
frequent stimuli that can invoke an interest in a product category.
Information Search
Marketers are interested in knowing the major information sources to which the
consumer will turn and the influence of those source on purchase decision.
Information sources fall in to four groups:-
Personal Sources:- Family, friend and neighbor.
Commercial Sources:- Advertising, sales persons, dealers and Display.
Public Sources:- Mass media.
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Evaluation of alternatives
There is no single evaluation process use by all consumers or by, one consumer in
all buying situation. There are several decision evaluation processes and most
current model of which is the cognitively oriented process i.e. judgments are
largely bases on conscious and rational cases.
Some basic concept will help us to understand consumer evaluation process.
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vary with his or her experience in the past. The consumer arises at attribute
towards the various brands through an attribute evaluation procedure for
attributes:-
- Memory capacity
- Graphics capability
- Size & price
Purchase Decision
In the evaluation stage the consumer firm’s preference among the brands in
choice set. The consumer may also form an intension to buy the most preferred
brand. However two factors can interview between the purchase decisions.
(1) Attitude of
Evaluation Purchase Purchase
Others
Of Intension Decision
(2)Unanticipated
Alternatives
Situational Factors
The first factor is the attitude of other. The extended to which another person
attitude reduce one’s preferred alternative depends on two things:-
I. The intensity of other person’s negative attitude toward the
consumers preferred alternative.
II. The consumer motivation complied with the other person’s wishes.
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Marketer must understand the factors that provoke a feeling of risk in consumer
and provide information and support to reduce the perceived risk.
After purchasing the product the consumer will experience some level of
satisfaction or dissatisfaction. The marketer’s task does not come to an end when
product is brought. He should monitor:-
a. Post Purchase Satisfaction,
b. Post Purchase Action,
c. Post Purchase Use & Disposal.
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The Large the gap between expectation & performance, the greater the
consumer’s satisfaction.
Post Purchase Action:-
Dissatisfy may abandon or return the product. They may take public action by
complaining to the company, going to a layer or complaining to private or
government agencies. Private action includes making decision to stock, buying a
product or warning friends.
Post purchase communication buyer s have been shown to result in fewer product
return and order cancellation.
Social factors are reference group, family and role and statuses.
1) Reference Group:-
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A Study on customer preference of various retail outlet with reference
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A person’s reference group consists of all the groups that have a direct or indirect
influence on the person’s attitude & behavior. Group having direct influence on a
person are called membership groups. Some membership groups are primary
groups such as family, friends, neighbors and co-workers with whom the person
interact fairly, continuously and informally.
People also belong to secondary group such as religions, professional, trade union
group which tend to be more formal and require less continuous interaction.
People are significantly influence by their reference group in three ways:
o Reference group expose an individual to new behavior and
lifestyle.
o They influence attitudes and self concepts. They create pressure for
conformity that may affect actually product and brand choice.
2) Family:-
The family is the most important to consumer buying behavior in the society. We
can distribute family in the buyer’s life:-
a) Family of orientation:-
It consists of one’s parents and siblings. From parents, a person acquires an
orientation towards religion, politics and sense of personal ambition.
b) Family of procreation:-
Where person live with spouse and children, marketer are interested in the roles
and relative influence of the husband, wife and the children in the purchase of
large variety of product & services. This role vary widely in different countries
and social classes. Marketers need to determine which member normally has the
greater influence in choosing product.
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A Study on customer preference of various retail outlet with reference
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A person participates in many group- family, club, organizations etc. The person
position in each group can be defined in terms of role and the status. Role consists
of activities that a person is expected to person and each role carried a status.
People choose product that communicate their role & status in society. Marketers
should be aware of status symbol potential of product and brands.
People buy different goods and services over a life time. They eat baby food in
the earlier, most foods in the growing and maturity and special diet in the later
years. Test in the clothes, furniture and recreation id also age related.
The consumption is set by the family life cycle. Nine stages of family life cycle:-
I. Bachelor Stage:-
young, single, not living at home. At this stage few financial burdens, fashion
opinion leader. Recreation oriented. They buy basic home equipment, furniture,
car and vacation.
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A Study on customer preference of various retail outlet with reference
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Occupation also influence a person’s consumption pattern, blue collar worker will
buy work clothes, work shoes and lunch boxes. A company president will buy
expensive suit, air-travel, country club membership, so here marketer should try
to identify the occupation group.
C)Life Style:-
People from the same subculture, social class and occupation may lead quite
different life styles.
A life style is the “person’s pattern of living” in the world which is expressed in
activities, interest and opinions. Lifestyle portrays the “whole person” interacting
with his or her environment. Marketer search for relationship between their
product and life style groups.
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a) Motivation:-
A person has many needs at any giving point of time. Some need are biogenic,
they arise from physiological stages of tension such as hunger, thirst and
discomfort. Other’s needs are psychogenic they arise from psychological states of
tension such as need for recognition, esteem, or belongings. A motive is a need
that is sufficiently driving the person to act.
There of the best known theory Herzberg. Maslow & Sigmund Froid carries quite
different implication for consumer analysis and marketing strategy.
b)Learning:-
When people act they learn something. Learning involves changes in the
individual’s behavior arising from experience. Learning is produced through the
interplay of drives stimuli, responses and reinforcement.
A belief is a descriptive though that a person holds about something. Belief may
be based on knowledge, opinion and faith. e.g. Our perception about Chinese
products are cheap, Japanese products are innovative.
An attitude is person’s enduring favorable or unfavorable evaluation, emotional
feelings and actions tendency towards some object or idea.
People have attitudes towards almost everything religion, politics, cloths, music,
food etc. Attitude put them into a frame of mind of liking & disliking an object.
Attitude leads people to behave in a consistent way towards similar objects
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Market Other
Product Economical
Price Technological
Place Political
Promotion Cultural
Buyer’s Response
Product Choice
Brand Choice
Dealer Choice
Purchase Timing
Purchase Amount
The buyer is considering as a black box, because his mind cannot be imagined as
to his buying decision. The buying decision depends on his attitude, preference,
feeling etc.
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Factors influencing the consumer behavior are internal needs, motives, perception
& attitude as well as external family, social group, culture economies, business
influences etc. These influences are shown below:-
The study of the buyer behavior is essential to understand what marketing is. The
success or failure in market depends upon the individual’s relations, expressed in
the form of buying pattern.
2.3.1. The prime objective of the study was to understand the variation in the
importance given by different age and gender groups to the select factors while
buying mobile handsets in India. The study concludes that the mobile handset
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A Study on customer preference of various retail outlet with reference
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users of age group of 18-30 years are less price sensitive than consumers of other
groups; rather they consider ‘physical appearance’, ‘brand’, ‘value added
features’, and ‘core technical features’ more important than users of any other age
groups. On the contrary, the consumers of age group 50 years and above have
given greater importance to ‘price’ than consumers of other age groups. There
were significant differences between different age groups as regards to the
importance given to all the factors except ‘post - purchase services’. The
difference was highest for the ‘brand’ closely followed by ‘core technical
features’ of the handset. Gender differences have also existed for these factors.
Keywords: Buying behavior, Mobile handsets, Age groups, Gender groups,
Factors, GSM
2.3.2.In recent years, the adoption of mobile phones has been rapid so fast not
only in India but also in the whole world. Owning a mobile phone was considered
a luxury in India till the late 1990’s.However with the reduction in service charges
& the cost of handsets the number of mobile users in India soon increased. Mobile
phones have become a need than a fashion accessory. The aim of the study is to
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Abstract
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A Study on customer preference of various retail outlet with reference
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2.3.3. This document is the result of an academic study and a market survey
conducted with an attempt to analyze and understand the present dynamics of
Indian Telecommunication Industry with special focus and emphasis on the new
features of mobile telecom handsets.. In this study we attempt to look at the most
demanded features of the handsets in Kolkata market, which influence the
purchase decision of buyers and their impact thereof and also tried to hypothesize
future trends for new entrants in the same market segment with a specific price
bands.
2.3.4. Pan and Zinkhan (2006) studied the consumer store patronage and store
choice in the retailing literature. These studies suggest that several attributes
affect consumer’s preferences and expectations of retail stores, such assortment,
service, product quality, store atmosphere, store location, price level, checkout
speed, hours of operation, friendliness of salespeople, and parking facilities.
When choice is unconstrained consumers will enact their purchase preferences
and buy only their preferred products (East, 1990).
2.3.5 Shendge, (2012) states that Preference (or "taste") is a concept, used in the
social sciences, particularly economics. It assumes a real or imagined "choice"
between alternatives and the possibility of rank ordering of these alternatives,
based on happiness, satisfaction, gratification, enjoyment, utility they provide.
More generally, it can be seen as a source of motivation. In cognitive sciences,
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A Study on customer preference of various retail outlet with reference
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Problem is to identify what is the scope of retail mobile market in Mumbai and
how to increase the market share which fulfills the customer satisfaction as per
customer preference for starting a new retail chain in Mumbai.
To know about the customer preference level associated with different mobile
phones. To find out the customer satisfaction towards the various mobile phones.
Major features, which a customer looks for in a mobile before making a purchase
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bring to light what all factors a customer considers at the time of purchase of a
new mobile phone. It will provide basically understanding the brand preference of
customer in Mumbai with regard to mobile phones
The following devices and techniques can become the effective ways of finding
problem:-
iii. Careful observation and the study of the procedure and technique of the
best, efficient and successful firm in the industry.
v. Use of the check list in evaluating the operation of the retail firms
Research Design: Research design is the blueprint for collection, measurement &
analysis of data. It is the specification of methods and procedures for acquiring
the information needed.
Type: The research associated to my project is Exploratory Research.
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Male
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A Study on customer preference of various retail outlet with reference
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Female
Age Group
Gender 18-35 years 35-60 Years 60 and above Grand total
Female 07 04 02 13
Male 08 06 03 17
Grand Total 15 10 05 30
Gender
Male
44% Female
56%
16-25 Years
25-35 Years
35-45 Years
45Years and Above
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A Study on customer preference of various retail outlet with reference
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Age
14%
26%
16-25 years
25-35 years
35-45 years
45 and above
34%
26%
The above analysis shows about age wise analysis of respondents i.16 to 25
Years shows 26 % followed by 25-35 with 26% & 35-45 years 34% and 45
years and above 14%.
o Below 10th
o 12th ,
o Graduated ,
o Post Graduated
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A Study on customer preference of various retail outlet with reference
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12th 08
Graduated 10
Post Graduated 08
Grand Total 30
Education
14%
26%
1st Qtr
2nd Qtr
3rd Qtr
4th Qtr
26%
34%
Salaried
Self Employee
Students
Others
Occupation Total
Salaried 09
Self Employee 04
Students 12
Other 05
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Grand Total 30
Occupation
17%
30%
Salaried
Self Employee
Student
Other
40% 13%
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Grand Total 30
Income Range
23%
33%
10,000-15,000
15,000-20,000
20,000 and above
44%
YES
NO
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1.1. NOKIA
1.2. OPPO
1.3. SAMSUNG
1.4. Others
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Mobile Phone
16% 16%
Nokia
Oppo
Samsung
Other
24%
44%
The above diagram shows Nokia have 16% with followed by Other 16% and
Samsung 24%. Oppo with 44% covered in graph.
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Price
16%
20%
0-10,000
10,000-15,000
15,000-20,000
20,000 and above
20%
44%
The above diagram shows about in what price you want to buy a mobile phone
16% respondents want mobile phone below 10,000. 44% comes under 10000-
15000 range . 20% comes under 15,000-20,000. 20% respondents want to buy
above 20000.
9) How much satisfied you are with the functionalities of your phone
Fully Satisfied
Average Satisfied
Not Satisfied
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How much satisfied you are with the functionalities of your phone Total
Average Satisfied 17
Fully Satisfied 11
Not Satisfied 02
Grand Total 30
Functionalities satisfied
6%
Average satisfied
full satisfied
not satisfied
37%
57%
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Samsung 10
Oppo 09
Other 04
Grand Total 30
Want to Purchase
13% 23%
Mi
Samsung
Oppo
30% Other
34%
With an above bar graph we can see that maximum respondents want to buy
Samsung and followed by Oppo with 30% respondents and rest market
share.
Brand Name
Quality
Prices
Service
Others _ Please Specify ……………
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A Study on customer preference of various retail outlet with reference
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selection of Brand
6%
6%
20% 44%
24%
12) Analysis of consumer purchasing place of that mobile phone (Retail outlet)
The Mobile Store
Top 10
Vijay Sales
Others _ Please Specify …………….
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A Study on customer preference of various retail outlet with reference
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Retail Outlets
10%
20% Top 10
Vijay Sales
other
40%
The above graph shows about 30 % respondents want to buy from the mobile
store. 20% from Vijay sales. Maximum that is 40 % respondents want to buy from
Top 10 and divided 10 % with locality retail mobile showrooms.
13) Analysis of reason for purchasing from any retail outlet.
Reference from friends/Family
Competitive price
Number of product option at retail outlet
Quality of Service & promotional schemes
Others _ Please Specify
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13%
47%
10%
23%
With above graph 47% of respondents want to buy with reference from friends &
family .23% respondents wants to buy on basis of competitive price .13% on basis
of quality & promotional scheme .10% with number of product option at retail
showrooms & 7% believe me others.
14) Analysis of Awareness on retail mobile stores
Good services
Discount Scheme
After Sales Service
Finance Scheme
Others _ Please Specify
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Discount Scheme 05
After sales service 04
Finance Scheme 12
Other 01
Grand Total 30
26%
Good Service
Discount Scheme
After Sales Service
40% Finance scheme
Other
16%
14%
Maximum respondents come under category with Finance Scheme. Good Service
26% & after sales service .Discount scheme shares 16 % & others share 4%.
With the above study covers maximum respondents comes under age group of
18 years to 40 years with 83% of contribution.
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In survey 34% respondents are graduated & 26% are post graduated
respondents. No Illiterate found during survey.
Customer is more concerted about price, Quality & brand name before buying
a mobile handset
Customer reason for purchasing from retail store are Good Services &Finance
scheme combines with 26% & 40% buy on after sale service.
47% of customer preference to buy from easily accessible retail outlet in there
locality & Reference from friend & family & competitive prices.
In today’s competitive market 26% of customers are aware about the retails
service provided by retailer & 16% of discount services.
5.2 Conclusions
Telecommunication is the lifeline of the rapidly growing Information
Technology industry. The Mobile phone industry is a growing industry in
India. The research was conducted in Mumbai to start a base for sales and
marketing strategies for the chain of Mobile retail store. In Mumbai, there are
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5.3 Recommendations
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A Study on customer preference of various retail outlet with reference
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The retail strategy has to provide the multiple attractive schemesto attract
the customer towards store by providing. Some of the schemes could
include free repair and servicing scheme of mobile instrument for few
days. The companies should try to provide exchange offer of the mobile
phone.
BIBLIOGRAPHY
BOOKS:-
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Websites:-
http://www.scribd.com/
http://mobileinindia.in/
http://en.wikipedia.org/wiki/Communications_in_India
http://en.wikipedia.org/wiki/Mobile_handset
http://en.wikipedia.org/wiki/Telecommunication
Annexure
Questionnaire
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A. Male
B. Female
A. 16-25 Years
B. 25-35 Year
C. 35-45 Years
D. 45Years and Above
A. Below 10th
B. 12th ,
C. Graduated ,
D. Post Graduated
A. Salaried
B. Self Employee
C. Students
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D. Others
A. YES
B. NO
A. NOKIA
B. OPPO
C. SAMSUNG
D. Others
A. Below Rs 10,000
B. Rs10,000 to Rs15,000
C. Rs15,000 to Rs20,000
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9. How much satisfied you are with the functionalities of your phone
A. Fully Satisfied
B. Average Satisfied
C. Not Satisfied
A. Mi
B. Samsung
C. Oppo
D. Other
A. Brand Name
B. Quality
C. Prices
D. Service
E. Others _ Please Specify ……………
12. Analysis of consumer purchasing place of that mobile phone (Retail outlet)?
A. The Mobile Store
B. Top 10
C. Vijay Sales
D. Others _ Please Specify …………….
57
A Study on customer preference of various retail outlet with reference
to mobile phone in Mumbai
A. Good services
B. Discount Scheme
C. After Sales Service
D. Finance Scheme
E. Others _ Please Specify
58