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A Study On Consumer Buying Behaviour
A Study On Consumer Buying Behaviour
SATHYANANTHAM.U
Reg No - 40909631047
of
A PROJECT REPORT
Submitted to the
Of
JUNE 2011
ANNA UNIVERSITY: CHENNAI 600 025
BONAFIDE CERTIFICATE
SIGNATURE SIGNATURE
Place:
Date:
SATHYANANTHAM.U
ABSTRACT
The project for TIKONA DIGITAL NETWORKS (P) LTD is aimed for
The nature of the study was descriptive. The sampling method used is
convenience Sampling. The sampling size was 100 Respondents. This includes
only consumers. The researcher while analyzing converted data made use of
Finally, the last two chapter deal with the finding from the survey and the
With profound gratitude and due regards I whole heartedly and sincerely
acknowledge with thanks the opportunity provided to me by our Respectful
Director Tmt. Meenakshi Annamalai for allowing me to do this project in
partial fulfillment for the degree of Master of Business Administration under
Anna University, Chennai.
I thank our respectable Advisor Prof. V.C. Ravichandran for his
effective advice and support for planning and processing of the project.
I thank our dedicated Principal Dr. V. Ilangovan for his valuable
suggestions and timely advice which helped me in completing this project on
schedule.
I thank our Dean (Administration) Prof. T. Rangarajalu for his
unrelenting support and guidance and useful tips for completing the project.
I thank our Dean (MBA) Prof. J. Nirmal Joseph for his remorseless
support and guidance and useful tips for completing the project.
I thank our Head of the Department Prof. Dr. V. Vaidyanathan for his
pain taking efforts and very encouraging and proper guidance without which this
project could not have been completed.
I would like to extend my hearty gratitude to My Guide, Lecturer,
Ms.R.G.Nithya for instructing, guiding and encouraging me carrying out this
project work.
I highly intended to my parents and all my dear ones without whose
constant love and encouragement all these would not have been possible.
CONTENTS
ABSTRACT i
ACKNOWLEDGEMENT ii
LIST OF TABLES iii
LIST OF FIGURES iv
1 1.1 Introduction 1
5 5.1 Suggestions 56
5.2 Conclusion 57
Bibliography 58
Appendix 59
LIST OF TABLES
Before business can develop marketing strategies, they must understand what
factors influence buyers behaviour and how they make purchase decisions to satisfy their needs
and wants. Buyers are moved by a complex set of deep and subtle emotions.
Consumer behaviour is the study of when, why, how, and where people do or do not buy a
product. It blends elements from psychology, sociology, social anthropology and economics. It
attempts to understand the buyer decision making process, both individually and in groups.
Consumer behaviour refers to the mental and emotional process and the observable behaviour
of consumers during searching, purchasing and post consumption of a product or service.
It studies characteristics of individual consumers such as demographics and behavioural
variables in an attempt to understand people's wants. It also tries to assess influences on the
consumer from groups such as family, friends, reference groups, and society in general.
Customer behaviour study is based on consumer buying behaviour, with the customer playing
the three distinct roles of user, payer and buyer. Relationship marketing is an influential asset
for customer behaviour analysis as it has a keen interest in the re-discovery of the true meaning
of marketing through the re-affirmation of the importance of the customer or buyer. A greater
importance is also placed on consumer retention, customer relationship management
personalisation, customisation and one-to-one marketing. Social functions can be categorized
into social choice and welfare functions.
1.2 STATEMENT OF THE PROBLEM
As we know that customer is the king of any business, It is essential to understand customer
expectations their preferences towards the product and their needs and wants. Without
understanding consumer behaviour no companies can survive.
It serves as a feedback from the consumer and provide the companies the message regarding
the consumer attitudes, companies position, competition, opinions of the consumer regarding
the product etc.
Now a days almost all the companies involves in collecting the data from consumers regarding
their product and brand. They employee marketing people to let them know consumer
behaviour.
By keeping all this points in mind, as consumer behaviour plays a vital role for any
organization, this project “A STUDY ON CONSUMER BUYING BEHAVIOUR IN TIKONA
DIGITAL NETWORKS PVT LTD”, does the same.
1.3 COMPANY PROFILE
Tikona Digital Networks (TDN) is engaged in building the next generation wireless broadband
services for home and enterprise customers in India. TDN has an all India Class-A ISP license
granted by the Ministry of Communications, Govt. of India, for this purpose. TDN envisions a
powerful Broadband-enabled India and will make all possible contribution to make this
happen.
TDN would also be building a comprehensive services framework that can deliver leading
edge voice, video, IT applications and multimedia content services over any broadband or IP-
centric network. Such a framework can be outsourced by service providers globally, who
desire to offer next generation services to their customers. TDN has engaged the best-in-class
technology partners to build the required capability frameworks.
Innovation is our driving force and we create environment for the young talent in our company
to conceive and incubate new ideas in order to develop and deliver useful services and
solutions for our customers, thereby sustaining our competitive advantages.
TDN was founded in mid 2008 by veterans from the telecom industry, who have built some of
the largest networks in India for mobile, enterprise, broadband and DTH services. TDN is
adequately funded by top-end global investors and is committed to comply with the highest
standards of corporate governance.
Prakash Bajpai
Founder,MD&CEO
Prakash Bajpai has a rich 31 years of experience in IT and Telecom Industry. He has been
instrumental in building and leading organizations and business with revenueof more than
$2billion.
An engineering graduate from Delhi University, Prakash started his career with IBM as an
electronics engineer. He then moved to Phillips, where he was involved in the launch of color
TV transmission in India. He was one of the first few employees of Tata Telecom. His
experience cuts across geographies as he worked with AT&T Network Systems in the US. Post
returning to India, he spearheaded the Marketing, Sales & Network Planning activities at Tata
Lucent Technologies. He then joined Hughes Telecom as President & CEO where he
pioneered India's first Integrated Broadband Network in Maharashtra & Goa. He also led
Hughes Telecom to launch India's first IPO (US$ 225 m) in the telecom sector. Prior to
launching Tikona, Prakash was the President and CEO at Reliance Communications, where he
was responsible for the Broadband, Enterprise, Data Center, PCO and DTH businesses of the
company.
Prakash has also attained graduation from a number of in-house Management Programs
conducted by the AT&T School of Business Management including mini-MBA in Financial
Management
Tarun Kumar
Tarun has over 19 years of industry experience spanning in IT, broadband and digital broadcast
technologies. He has successfully deployed and managed operations of many technology
intensive projects including enterprise and retail broadband BSS, cutting edge Interactive IPTV
over metro Ethernet network, service delivery platforms for New-age products and broadband
radio access networks.
To know how the Company has been encountering the aggressive marketing strategies
of competitors.
To determine whether there is any deviation between the features of the brand and the
acceptance of the consumers.
To find out what marketing strategies should be undertaken to increase the market
share of the brand.
Before business can develop marketing strategies, they must understand what factors
influence buyers behaviour and how they make purchase decision to satisfy their needs
and wants.
This study aims towards collecting information about consumers Psychology towards
wireless internet connection and thus helping Tikona in understanding customers nature
and help in developing strategies which will thus help them in increasing their business.
This study helpful to know in which stage the brand would be in industrial
life cycle.
This study is also helpful to know in which feature the brand excels and where they are
lacking in.
It is done to understand what consumers consider while going for purchasing a wireless
internet broadband connection.
Suggestion regarding the brand are drawn using this study.
By this study we came to know how the organization retaining and sustaining its
customer.
The survey was conducted among different groups and all possible local areas in
Chennai were considered for the study. The sample size was of 100 people who
included people from various age groups and different income levels. The data was
collected through filling of questionnaire and interview.
The survey helped in understanding the various factors that influenced the buying
decisions of the customers and understanding their needs when it comes to wireless
broadband internet connection.
This study helps to understand the satisfactory level of consumers towards the brand.
This study helps in understanding the consumer attitudes and their buying motives by
means of company brand image.
Less number of consumer’s are taken as sample in this study i.e. 100 Respondents.
CHAPTER 2
2. REVIEW OF LITERATURE
LITERARY REVIEW:
Psychologists have long been interested in the topics of buying and shopping
behaviour. Some major perspectives in psychology such as behaviourism and cognitivism have
formulated different theories to explain buying motivation and behaviour. The behaviourists
stress the process of operant conditioning and individual’s history of reinforcement, while the
cognitive approach puts its accent on individual’s free will and intentional, voluntary action.
The views of these two perspectives can be examined in terms of the nature of buying
behaviour and the process of choice.
THEORITICAL REVIEW:
Consumer is the king and it is the consumer who determines what a business is. Therefore, a
sound marketing program should start with a careful analysis of the habits, attitudes, motives
and needs of consumers.
Consumer behaviour is prerequisite though the process is highly complicated. At the
same time, a firm’s ability to establish and maintain satisfying exchange relationships depends
on the level of understanding of buying behaviour. Thus, buying behaviour is the decision
process and acts of people involved in buying and using products.
Need for Understanding Consumer Behaviour
Knowledge of consumer behaviour would render immense help for planning and
implementing marketing strategies.
Thirdly, by gaining a better understanding of the factors that affect buyer behaviour,
marketers are in a better position to predict how consumers will respond to marketing
strategies.
Finally, consumer is the principal—a priori of business. The efficiency with which a
free market system of enterprise operates, in the last analysis, depends upon the extent of
consumer understanding possessed by the business cannot possibly fulfill its obligations in a
meaningful and responsive manner. This is exactly the reason why consumer behaviour is
given importance in modern marketing.
1. Routine decision behaviour - is usually found in the cases of frequently purchased and
low-cost items. Lengthy search for products is not attempted and hence the decision effort
needed is only minimum. Though consumers are branding conscious. They are also aware of
alternative brands, for instance, if you intended to buy a particular would switch over to a
second preferred brand of their choice. Thus, products that are bought through routine response
behaviour are purchased quickly with very little mental effort.
2. Limited decision-making - is pertinent in the case of purchases made by the consumers less
frequently. The investment needed also will be comparably high. Hence, the consumers may
acquire information about all possible brands and some amount of mental exercises would
follow to arrive at a decision about all possible brands and some of a television set makes the
consumer to examine various models and brands, make casual enquiries with the neighbor-
owners and discuss with family members is also considered at length. Thus, limited decision-
making requires a moderate amount of time for information gathering and deliberation.
3. Extensive decision-making _is required when a consumer wants to purchase unfamiliar
products which is totally new, having high unit value and bought preferably once in his life
time. Before such a product is bought, the consumer uses many criteria for evaluating
alternative brands and substitute products and spends much time in seeking information and
deciding on the purchase. Decisions on construction complex type of consumer decision-
making behaviour. An interesting but a notable point in this connection is that the type of
decision-making need not necessarily remain constant. The following illustrates the variations
more clearly.
Extended
Consumer
Decision-
making
Limited
Consumer
Decision-
making
Routine
Consumer
Decision-
making
(d) Attitudes
Attitude refers to an individual’s enduring evaluation, feelings and behavioural
tendencies toward an object or idea. An individual’s attitudes remain generally stable and do
not vary from moment to moment. Attitudes play a significant role in determining consumer
behaviour.
(e) Personality
Personality refers to a set of internal traits and distinct behavioural tendencies
that result in consistent patterns of behaviour. An individual’s personality is the outcome of
heredity and personal experiences. It makes the individual unique. Some individuals are
introverts, dogmatic, compulsive and ambitious while others are quite opposite in nature.
Personality influences the type of brand and products purchased.
(f) Self-concept
Self-concept of self-image means a person’s perception or view of himself.
Individuals develop and alter their self=concept through interaction of social and
psychological dimensions. Research shows that a buyer purchases products that reflect and
enhance the self-concept. A person’s self-concept may also influence selection of products
category and brand.
Consumer Buying decision Process
The process which consumers proceed while making their buying decisions is known
as the consumer buying decision process. This process consists of five stages a s shown in
following fig.
Arrows connect all the elements in the decision process and show the impact of
demographics, social factors, and psychological factors upon the process.
Arrows show feedback. (a) Shows the impact of social and psychological
factors
(b) Shows the impact of a purchase on social and psychological factors such as
social class.
4. Purchase
In this stage the buyer chooses the product or brand to be bought. Product availability
may influence which brand is purchased. The terms of sale (price, delivery, warranty,
maintenance agreement, installation and credit arrangement) are settled finally, the actual
purchase takes place.
5. Post-purchase behaviour
After the purchase, the buyer begins evaluating the product to ascertain if its actual
performance meets the expectations. Many criteria used in evaluating alternatives are applied
again for this purpose. The outcome of this stage is either satisfaction of dissatisfaction.
Shortly after purchasing an expensive product, a buyer doubts whether he make the right
decision.
CHAPTER 3
3.1 RESEARCH METHODOLOGY
The purpose of the research methodology is to describe the research procedure. This includes
the overall design, the sampling procedure, the data collection method analysis procedures.
This section is important because it is hard to discuss methodology without using technical
terms. Yet, most of the reader will not understand the technical language. This study was made
based on primary data. Distributing the questionnaire to the respondents collected the data. The
questionnaire containing questions relating to socio- economic status of the respondents.
RESEARCH DESIGN:
A research design is the specification of methods and procedure for acquiring the
information needed to structure or to solve problem. It is the overall operational pattern of
frame work of the project that stipulates procedures.
A research design is therefore defined as “A plan, structure and strategy of investigation
conceived so as to obtain answers to research question and control vacancies.”
Descriptive Research Design:
Descriptive research is contract to explorative research is marked by the prior
formulation of specific research question. The problem, perhaps as a result of an exploratory
study, before the project is initiated. He should be able to define clearly what he wants to
measures and to setup appropriate and specific means for measuring it. Descriptive research
design includes surveys, fact findings, and enquiries of different kinds.
The main characteristic of this method is that researcher has no control over the variable. He
can only report what has happened or what is happening. Most EX-POST FACTO research
projects are used for descriptive studies in which the researcher seeks to measure such items.
Descriptive research will be applicable to the existing problems.
RESEARCH INSTRUMENT
The research instrument used in this study “structured questionnaire”. Structured
questionnaire are those questionnaire in which there are predetermined question relating to the
aspect for which the researcher collects data. The questions are presented with exactly the
same wording in the same order to all the respondents.
QUESTIONNAIRE DESIGN
The structured questionnaire for appraisal system with the following types of questionnaire
open ended, multiple choice, types of questions.
AREA OF STUDY
The area of study is confined to employees of TIKONA Digital Networks (P) Ltd, Chennai.
SAMPLING METHOD
The sampling method involved is convenient sampling method.
CONVENIENT SAMPLING
Convenient sampling is also known as purposive are deliberate sampling.
This sampling method involves purposive or deliberate selection of particular unit of the
universe for constituting a sample which represents the universe. When population elements
are selected for inclusion in sample based on the case access, it can be called convenience
sampling.
SAMPLE
Sample denotes only a part of the conclusions are drawn on the basis of entire
universe.
SAMPLE SIZE
The sample size is restricted to 100 employees. The sample questionnaire consists of closed
ended quetionnaire.
V=n-k n n
Since we have that ∑ Oi = ∑ Ei = N, the total frequency, can find one observation say
nth i=1 i=1
Observation using the remaining (n-1) observations, ∑n=n-∑Ei, = 1, 2, 3….n-1
Hence, the above-defined chi-square has n-1 degrees of freedom. The observed chi-square
value should be compared with the tabulated chi-square with (n-1) degrees of freedom.
CORRELATION ANALYSIS:
Correlation analysis deals with the association between two or more variable . It does not tell
anything about cause and effect relationship.
Correlation value shall always lie between +1 and -1. it shows there is perfect positive
correlation between variables. When r=0, there is no correlation.
r =cov (x,y) /s.d (x)* s.d(y)
r-correlation Coefficient
x & y are variables
CHAPTER 4
4.1 DATA ANALYSIS & INTERPRETATION
The data after collection has to processed and analyzed in accordance with the outline laid
down for the purpose at the time of developing the research plan. This is essential for a
scientist study and for ensuring that we have all the relevant data. Processing implies editing,
coding, classification and tabulation of collected data so that they acquiescent to analysis.
The term analysis refers to the computation of certain measures along with searching for
patterns of relationships that exits among data groups. Thus, “In the process of analysis,
relationships or difference supporting of conflicting with original or hypothesis should be
subjected to statistical tests of significance to determine with that validity data can be said to
indicate any conclusions.”
Analysis of data in general way involves no: of closely related operation that performed
with the purpose of summarizing the collected data and organizing them in such manner that
the answers the research questions.
50
45
40
35
Percentage
30
25
20
15
10
5
0
Less than 18 Between 18- Between 23- Between 28- More than 45
Years 23 Years 28 Years 45 Years Years
Age group of respondents
Inference:
It is found that 69% of respondents are in the age group 18-28 years, 14% are in the age
group of 28 to 45 years, only few respondents are in age group who are less than 18 years and
more than 45 years.
45
40
35
30
Percentage
25
20
15
10
5
0
Below Higher Graduate Post
secondary Secondary Graduate
level level
Qualification
Inference:
It is found that 26% of the respondents are below higher secondary level, 42% are
graduates and 32% are post graduates.
40
35
30
Percentage
25
20
15
10
5
0
Less than 10,000- 20,000- Greater than
10,000 20,000 40,000 40,000
Monthly Income
Inference:
It is found that 14% of the respondent’s monthly income is less than Rs. 10000, 24% is
in between 10000 and 20000, 34% is in between 20000 and 40000, 28% is greater than 40000.
31%
Inference:
22% Inference:
25% Research/Studies
Job search It is found that 8%
Emails of the respondents
Chatting
Downloading use internet for
research, 22% for
35% searching jobs, 35%
for checking mails,
25% for chatting
and 10% for downloading.
9%
Airtel
Bsnl
Reliance
Mts
Others
18%
33%
Inference:
It is found that 25% of the respondents use airtel service, 33% are using BSNL, 18%
are using reliance, 9% are using MTS and 15% are using other services.
Yes
No
75%
Inference:
It is found that 25% of the respondents are using Tikona and 75% are not the users of
Tikona product.
Yes
No
87%
Inference:
It is found that 87% of the respondents are aware of Tikona and only 13% are
unaware of the existence of Tikona product.
8%
19%
31% Pamphlets
Newspaper/magazines
Sales Executives
Any other source
42%
Inference:
It is found that 8% of the respondents came to know about the brand through TV ads,
31% through newspapers, 42% through sales executives, 19% through other sources.
TABLE NO: 11 Users those who collect information before making purchase
FIGURE NO: 11 Users those who collect information before making purchase
10%
Yes
No
90%
Inference:
It is found that 90% of the respondents collected information before making a purchase
decision while 10% did not collect any information.
12. Have your friends/ relatives opinions influenced you to buy Tikona wireless
broadband?
TABLE NO: 12 Word of mouth referrals by friends/ relatives
33%
23%
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
11%
26%
Inference:
It is found that 33% of the respondents strongly agree that friends had a major influence in
purchase decision, 26% agree, 11% are neutral, 23% are disagree and 7% strongly disagree
that friends had a major influence in purchase decision.
13. Has the advertisement insisted major influence in your buying decision?
9%
22%
Inference:
It is found that 23% of the respondents strongly agree that advertisement had a major
influence in purchase decision, 11% agree, 22% are neutral, 9% are disagree and 35% strongly
disagree that advertisement had a major influence in purchase decision.
14. What are the features you look in a product before making purchase decision? Give
preferences.
Value for 28 34 16 14 8
Money
Add on 26 32 28 8 6
features
Strongly agree
Agree
Neutral
Disagree
17% Strongly disagree
30%
Inference:
It is found that 32% of the respondents strongly agree that features had a major influence
in purchase decision, 30 % agree, 17.2% are neutral, 12% are disagree and 8.8% strongly
disagree that friends had a major influence in purchase decision.
15. Whom do you consult while buying a wireless internet broadband connection?
5%
19%
43% Friends
Relatives
Internets
12% Newspaper/Magazines
Any other source
21%
Inference:
It is found that 43% of the respondents are influenced by their friends, 21% by relatives, 12%
by internets, 19% by newspapers and 5% by Any other source while making purchase
decision.
16. Rate the following attributes according to the importance you give while buying a
wireless internet broadband connection?
5%
15%
Inference:
It is found that 5% of the respondents are influenced by brand name of the company,
25% by net speed, 10% by area wise connectivity, 15% by price of the product, and 45% by
monthly tariff plans available while making purchase decision.
17. How satisfied are you with Tikona wireless broadband compared with the others
substitutes available in the market?
TABLE NO: 17 Satisfaction with Tikona wireless broadband in comparison with other brands
Attributes No.of Respondents Percentage
Highly satisfied 12 12
Satisfied 28 28
Neutral 53 53
Dissatisfied 5 5
Highly dissatisfied 2 2
FIGURE NO: 17 Satisfaction with Tikona wireless broadband in comparison with other
brands
5% 2% 12%
Highly satisfied
Satisfied
28%
Neutral
Dissatisfied
Highly dissatisfied
53%
Inference:
It is found that 12% of the respondents are highly satisfied with product, 28%
are satisfied, 53% are neutral, 5% are dissatisfied and 2% is highly dissatisfied with product.
18. How would you rate Tikona Performance as your expectation on 5 points scale?
a) After sales service
TABLE NO: 18 Tikona performance in terms of after sales service
Attributes No. of Respondents Percentage
Highly satisfied 15 15
Satisfied 25 25
Neutral 46 46
Dissatisfied 12 12
Highly dissatisfied 2 2
Highly satisfied
satisfied
Neutral
25% Dissatisfied
Highly dissatisfied
46%
Inference:
It is found that 15% of the respondents are highly satisfied with after sales service of the
product, 25% are satisfied, 46% are neutral, 12% are dissatisfied and 2% is highly dissatisfied
with after sales service of the product.
b)Maintenance
5% 2% 12%
Highly satisfied
28% satisfied
Neutral
Dissatisfied
Highly dissatisfied
53%
Inference:
It is found that 12% of the respondents are highly satisfied with maintenance of
product, 28% are satisfied, 53% are neutral, 5% are dissatisfied and 2% is highly dissatisfied
with maintenance of product.
Satisfied 28 28
Neutral 43 43
Dissatisfied 10 10
Highly dissatisfied 1 1
10% 1%
18%
Highly satisfied
Satisfied
Neutral Inference:
Dissatisfied It is
Highly dissatisfied
43% 28% found that
18% of the
respondents
are highly satisfied with product, 28% are satisfied, 43% are neutral, 10% are dissatisfied and
1% is highly dissatisfied with product.
CHI-SQUARE TEST:
Add on 26 32 28 8 6 100
features
Total 160 150 86 60 44 500
NULL HYPOTHESIS: H0
There is no significant difference between the features of the brand and the acceptance of the
consumers.
ALTERNATIVE HYPOTHESIS: H1
There is significant difference between the features of the brand and the acceptance of the
consumers.
Calculated value of chi-square=19.528
Tabulated value of chi-square at 5% level of significance=26.3
Since Tabulated value > Calculated value
Null Hypothesis Accepted. There is no significant difference between the features of the
brand and the acceptance of the consumers.
CORRELATION ANALYSIS:
NULL HYPOTHESIS:
There is no significant difference in the purchase influenced by the word of the mouth
referrals of friends and the purchase influenced by the advertisements.
ALTERNATIVE HYPOTHESIS:
There is significant difference in the purchase influenced by the word of the mouth
referrals of friends and the purchase influenced by the advertisements.
X Y XY X2 Y2
33 23 759 1089 529
26 11 286 676 121
11 22 242 121 484
23 9 207 529 81
7 35 245 49 1225
100 100 1739 2464 2440
r= cov(x,y)/s.d(x)*s.d(y)
r= -0.578
Since the value of r is negative,
Alternative hypothesis get accepted. There is significant difference in the purchase
influenced by the word of the mouth referrals of friends and the purchase influenced by
the advertisements.
Majority of the respondents are in the age group of 18 to 28 years. This group forms the
major target segment of Tikona Broadband.
Majority of the respondents who use internet connections are educated people who
have completed either graduation or post graduation.
Mostly respondents whose monthly income is greater than Rs.20000 are using internet
connection.
70% of the respondents are having internet connections at home.
65% of the respondents who are not having internet connection are looking for internet
connection, while 35% don’t have any idea of purchasing a new one.
Majority of the respondents use internet for chatting, downloading and checking mails.
Only few use it for searching jobs and research purposes.
Majority of the respondents are using reputed broadband services like BSNL, Reliance,
Airtel. Only few use new services like MTS and others.
While majority of the respondents are aware of the existence of Tikona Broadband,
only few respondents have used it.
Majority of the respondents came to about this brand through sales executives and
pamphlets issued along with newspapers.
Majority of the respondents collect all the relevant information necessary before
making purchase.
Nearly 60% of the respondents are influenced by their friends and relatives while
making a purchase decision.
Majority of the respondents are not influenced by the advertisements while making
purchase decision.
Monthly tariff plans and net speed are the important factors taken into consideration
while making purchase decision.
40% of the customers are satisfied with Tikona broadband while only 7% are
dissatisfied with this product, all others response is neutral.
40% of the respondents are satisfied with after sales service while only very few are
dissatisfied with the after sales service.
40% of the customers are satisfied with the maintenance of Tikona broadband while
only 7% are dissatisfied, all others response is neutral.
Nearly 50% of the respondents are satisfied as the product meets the expectation of the
customers while 43% of the respondents feel neutral.
There is no significant difference between the features of the brand and the acceptance
of the consumers.
There is significant difference in the purchase influenced by the word of the mouth
referrals of friends and the purchase influenced by the advertisements.
CHAPTER 5
5.1 SUGGESTIONS
Most of the respondents came to know about this brand only through sales executives.
Steps can be taken to improve the awareness of the product among people.
Majority of the respondents are using reputed brands like BSNL, Reliance etc. Steps
can be taken to make Tikona a reputed brand.
Tikona is bought by majority of the people for its low tariff plan and high net speed.
This shall be maintained.
Further this brand is available only in major cities like Chennai, Bangalore, Mumbai
etc. Steps can be taken to promote the product in other parts of India.
Advertisements play a meager role in influencing people in making a purchase
decision. Only friends and relatives play a major role in influencing people. Steps can
be taken to improve advertisements in television and radio to promote the product.
Respondents are satisfied with the after sales service of the product, feel that the
product is easy to maintain and also the product meets the expectation of the customers.
This shall be maintained.
5.2 CONCLUSION
Consumer behaviour will play an vital role in recent days so that the researcher
carefully under took an survey among the consumer to find out the same in TIKONA
DIGITAL NETWORKS PVT LTD on the basis of that survey.
All the things are mostly favourable to Tikona, the Tikona should continue the same
strategy. Tikona should concentrate on sales promotional activities & recruits additional
number of employees in service department in order to provide uninterrupted service to
consumers.
Tikona have a good brand image among consumers so in order to retain the consumers
and to sustain the image it is recommended that the organization should follow the suggestions
as given above in the project.
BIBLIOGRAPHY
Dr. GUPTA C.B. Dr. N. RAJAN NAIR. Marketing Management, New Delhi Sultan
Chand & Sons, Publishers 2003.
ANNEXURES
QUESTIONNAIRE
Respected madam/sir,
As a part of my project I would like to gather some information from you
Which will help me in an in depth study of project. The information provided by
You will be kept confidential and will be used for academic purpose only. I would
be obliged if you co-operate with me in filling the questionnaire.
1. Name ………………………………………………….
2. Gender
a) Male
b) Female
3. Age
a) Yes
b) No
a) Yes
b) No
a) Research/Studies
b) Job Search
c) Emails
d) Chatting
e) Downloading
a) Airtel
b) Bsnl
c) Reliance
d) Mts
e) others
a) Yes
b) No
a) Advertisements
b) Newspapers/ Magazines
c) Company Sales Executives
d) Any other source
a) Yes
b) No
14. Have your friends/ relatives opinions influenced you to buy Tikona wireless broadband?
a) Strongly agree
b) Agree
c) Neutral
d) Disagree
e) Strongly disagree
15. Has the advertisement insisted major influence in your buying decision?
a) Strongly agree
b) Agree
c) Neutral
d) Disagree
e) Strongly disagree
16. What are the features you look in a product before making purchase decision?
Give preferences.
a) Brand credibility
b) Price and discount
c) After sales services
d) Value for money
e) Add on features
17. Whom do you consult while buying a wireless internet broadband connection?
a) Friends
b) Relatives
c) Internets
d) Newspaper/ Magazines
e) Any other source
18. Rate the following attributes according to the importance you give while buying a wireless
internet broadband connection?
a) Brand name of the company
b) Net Speed
c) Area wise Connectivity
d) Price of the product
e) Monthly Tariff plans
19. How satisfied are you with Tikona wireless broadband compared with the others
substitutes available in the market?
a) Highly satisfied
b) Satisfied
c) Neutral
d) Dissatisfied
e) Highly dissatisfied
20. How would you rate Tikona Performance as your expectation on 5 points scale?
a) After sales service
b) Maintenance
c) Product as per expectation