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CONSUMER BEHAVIOUR at Jaypee Cement - Sudheer Dwivedi
CONSUMER BEHAVIOUR at Jaypee Cement - Sudheer Dwivedi
CONSUMER BEHAVIOUR at Jaypee Cement - Sudheer Dwivedi
PROJECT REPORT
CONSUMER BEHAVIOUR TOWARDS JAYPEE
CEMENT REWA
PROJECT UNDERTAKEN AT
YEAR: 2014-15
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ACKNOWLEDGMENT
SUDHIR DWIVEDI
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iNDEX
CHAPTER TOPICS COVERERD PAGE NO.
CHAPTER 4. OBJECTIVES
CHAPTER 7. FINDING
CHAPTER 8. SUGGESTION
CHAPTER 9. CONCLUSION
CHAPTER 10 BIBLIOGRAPHY
CHAPTER 11 QUESTION
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INTRODUCTION
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Consumer buying behavior is the study of when, why, how, and where
people do or do not buy 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. 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.
Belch and Belch define consumer behaviour as 'the process and activities
people engage in when searching for, selecting, purchasing, using,
evaluating, and disposing of products and services so as to satisfy their
needs and desires'.'
INFORMATION SEARCH
Once the consumer has recognized a problem, they search for information
on products and services that can solve that problem. Belch and Belch
(2007) explain that consumers undertake both an internal (memory) and an
external search.
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SOURCES OF INFORMATION INCLUDE:
Personal sources
Commercial sources
Public sources
Personal experience
Stage Description
INFORMATION EVALUATION
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At this time the consumer compares the brands and products that are in their
evoked set. How can the marketing organization increase the likelihood that
their brand is part of the consumer's evoked (consideration) set? Consumers
evaluate alternatives in terms of the functional and psychological benefits
that they offer. The marketing organization needs to understand what
benefits consumers are seeking and therefore which attributes are most
important in terms of making a decision.
PURCHASE DECISION
Once the alternatives have been evaluated, the consumer is ready to make a
purchase decision. Sometimes purchase intention does not result in an actual
purchase. The marketing organization must facilitate the consumer to act on
their purchase intention. The organisation can use variety of techniques to
achieve this. The provision of credit or payment terms may encourage
purchase, or a sales promotion such as the opportunity to receive a premium
or enter a competition may provide an incentive to buy now. The relevant
internal psychological process that is associated with purchase decision is
integration. Once the integration is achieved; the organisation can influence
the purchase decisions much more easily.
POSTPURCHASE EVALUATION
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To manage the post-purchase stage, it is the job of the marketing team to
persuade the potential customer that the product will satisfy his or her needs.
Then after having made a purchase, the customer should be encouraged that
he or she has made the right decision. it is not effected by advertisement.
INTERNAL INFLUENCES
EXTERNAL INFLUENCES
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FACTORS INFLUENCING THE BEHAVIOUR OF
BUYERS.
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decisions. So it maybe a friend who works with the IT trade
who may influence your decision on what computer to buy.
The economical environment also has an impact on
consumer behaviour; do consumers have a secure job and a
regular income to spend on goods? Marketing and
advertising obviously influence consumers in trying to evoke
them to purchase a particular product or service.
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COMPANY
PROFILE
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Culture is the unique collective of shared beliefs, values and customs that influence the
behavior of members in an organization and helps them succeed in achieving the
desired goal.
Jaypee is a single generation enterprise formed in the 1960s that went on to become
one of the most successful Engineering & Construction companies having the distinction
of participation in 54% of hydropower project being d.
Development in the 10 five year plan period…….. ……………………………..
In its journey over the years Jaypee Group has moved through the ups and downs as a
Family of people who are bonded both by purpose and emotions. Yet the journey has
just begun with the goals made higher. The Jaypee Family feels confident of achieving
these goals with the help, support, passion and abilities of both its old and new
members. A confidence that comes from our belief that ‘you have to be the change you
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Brief History of Chairman/ Founding
Father Shri Jaiprakash Gaur Ji.
With a single minded focus to pioneer a myriad of feats in Civil Engineering, Sh.
Diploma in Civil Engineering in 1950 from the University of Roorkee. After a stint with
the Government of UP, he branched off on his own, to start as a Civil contractor in 1958
with the steadfast determination to contribute in nation building. This has been possible
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Great Thought of Founding
Father –’Shri Jaiprakash Gaur Ji’
Our organization is proud to participate in nation building right from its inception, and as
India, powered with Will Power of its One Billion Plus people, moves ahead to secure its
deserving place amongst the developed nations of this world, we feel doubly responsible
to make this Group bench mark of how a corporate entity, with blend of inspiring culture
of past, adoption to the prudent changes of modern time can Continue to create value for
all its stakeholders and consistently impacts the live of all, it touches.
Culture of our great country has withstood test of time and contribution of our countless
ancestors at different times in history has been invaluable. India, with its history of trials
and tribulations, has emerged stronger because of the leadership provided in trying
times, binding people with simplicity, and humility for a common goal. An enterprising
team member, you are now part of “JAYPEE PARIVAR”. Our involvement in growth of
this organization with sense of trusteeship shall be supplemented by your determination
to excel in all spheres of working, while serving your country through this organisation.
I believe, collective will of all of you with credible means, upholding valued with we all
cherish, shall make this institution amongst the most admired in the country, in times to
come.
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The Various Group of Companies
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MAJOR AREAS OPERATION
1. CIVIL CONSTRUCTION.
2. HYDRO POWER CONSTRUCTIO
3. HOTEL AND TOURISM.
4. INFORMATION TECHNOLOGY.
5. EDUCATION.
6. CEMENT.
Spread over 6 states and the neighboring country of Bhutan for the generation of
10,290MW of power. It is only engineering company in India to be assigned ‘CRI’ grade
by ICRA indicating ‘very strong contract execution capacity’ for hydropower being
developed in the 10th Five Year Plan period.
In its journey over the years Jaypee Group has moved through the ups and downs as a
Family of people who are bonded both by purpose and emotions. Yet the journey has
just begun with the goals made higher. The Jaypee Family feels confident of achieving
these goals with the help, support, passion and abilities of both its old and new
members. A confidence that comes from our belief that ‘you have to be the change you
want to see in the world’.
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Important of Values in Jaypee
Values are the building blocks for determining the kind of organisation one wishes to
nurture and sustain. Values help the organization in strengthening our present so as to
consolidate the organization character. It is about building on our glorious past. We
have an image of the kind of organization that we always wanted to build, have built and
we continue to act in ways that we believe has brought success to us and has always
helped us in our past endeavors.
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Evolution of Jaypee Values
Jaypee Values describe who we are, how we treat one another, and the way we conduct
ourselves- both in the company and in the community. These values are lived in Jaypee
in some form or the other, since its very inception. Over the years these values have
evolved to reflect our dedication to making a difference for the nation, for our people and
their families, for our customers, for our immediate environment and society at large; and
our commitment to creating sustainable value for our shareholders. And yet, the
foundation and intent of our values and who we are have not changed. Most importantly,
we understand that what matters most is how we live our values.
The values that have been identified as output of the experiences that has shared by our
people who have spent their valuable years at Jaypee. Their stories have helped us
identify themes in our culture and in a structured format, give meaning to certain words
we relate to and have been using for years. We are truly grateful to each one of our
people who have contributed in developing this institution.
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Indradhanush- the jaypee way of life
The Jaypee way of life can be best represented by the Indradhanush. The Indradhanush
or the rainbow of seven different colours stands for seven values. Seven values that
form the pillars of the entire Jaypee Parivaar are represented by the speaking tree.
In itself the Indradhanush is symbolic of life, vibrancy and optimism. Where every
separate colour is distinct and special yet all of them together make up something even
more beautiful. With the sun that comes out after the rains, the rainbow brings to us the
warmth and hope for brighter times. This optimism is contagious for it spreads across all
those hearts which have seen the rainbow and discovered joy meaning in life afresh.
The philosophy of the Indradhanush has been carried into the form of a tree. Across the
world different trees have different meanings. But one common thought that connects all
trees together is that they all stand for life and by inference, strength and prosperity.
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ASSOCIATING COLOURS WITH THE VALUES
Red (Leadership by Example): Red is the colour of blood, fire, passion, energy,
strength, action and physical activity. Red is associated with fire and is thus reaching
upwards always. It is the color of the burning radiant sun and rides on the flags of
warriors going into battle and ships sailing towards the unknown horizon.
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Collective Wisdom.
Excellence in Performance.
Performance driven organization which aims for excellence in all activities by:-
1. Ensuring resource optimization and cost effectiveness.
2. Encouraging innovation.
3. Embracing the evolving technologies/ best business practices ploughing back
learning with a view to constantly grow in all areas and create value for all its
stakeholders.
Credibility.
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Surrounding Environment.
Conviction.
Conviction denotes passion, optimism and positive mind set. It comes from a deep
rooted belief in ability of self and teams, capabilities and strengths of the organization,
reinforced with determination to excel and courage to take decisive actions.
Commitment.
Leadership by Example.
Inspiring the entire team by demonstrating conviction and setting right precedence.
Displaying high degree of involvement by being physical, mental and emotional presence
and ensuring delivery of task in all situations. Possessing clarity of mind and moral
courage to face all situations, gracefully.
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REVIEW OF
LITERATURE
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REVIEW OF LITERATURE
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OBJECTIVE
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OBJECTIVES
10. To research over customer perception about cement purchasing in Rewa region.
Here the study is important as it bridges down the gap between theoretical
knowledge & practical experience for a fieldwork.
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RESEARCH
METHODOLOGY
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RESEARCH METHODOLOGY
Methodology for the project can be understood the following heads:-
RESEARCH DESIGN: -
A research design is the basic plan that guides the collection, measurement and
analysis of data. Decision regarding what, when, where, how much and by what
means concerning a research study constitute a research design. In other words
research design is the framework the specifies the type of information to be
collected the source of data and the procedure of data collection.
TYPE OF UNIVERSE:-
The first step in developing the sample design is to clearly define the set of
objectives i.e. the universe. The universe in this project is all the population of
Rewa city was consider as universe.
Sample Size: - It refers to deciding how many people to be surveyed during
the study. Researcher planned to serve 25 people of urban area and 25 people
of rural area of Rewa city.
Sample Unit: - It refers to taking decision that who is to be served, i.e. the
target population. During my study & survey customers of cement in urban
and rural area.
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Sampling Method: - It refers to deciding what how respondent be chosen. In
this research all the aspects of research.
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DATA COLLECTION METHOD
In a real life problem it is often found that the data at hand is inadequate, hence it
become necessary to collect data that is appropriate. There are several ways of
collection data.
1. Primary Data: The primary data are those which are collected a fresh and for
the first time and thus happen to be original character.
* Primary data is collected through questionnaire. It is consider as a heart of survey.
It consists of a number of questions printed on typed in a definite order on a form or
set of forms. The respondent has to answer of their own.
2. Secondary Data: The secondary data are those which have already been
collected by someone close and which have already been passed through the
statistical process.
Concerned websites:
www.jaypeecement.com
www.google.com
Library books
Research methodology, C.R. Kothari
Consumer Behavior
Organization Behavior, L.M. Prasad
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DATA
ANALYSIS
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FREQUENCY TABLE, GRAPH & INTERPRETATION
Frequency Percent
Jaypee 33 66.0
Lafarge 7 14.0
Maihar 9 18.0
Others 1 2.0
Total 50 100.0
INTERPRETATION
Among the total 50 respondents, 66% has been purchased JAYPEE cement, 18%
MAIHAR, 14% LAFARGE & 2% of respondent has been purchased other brands
of cement.
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From where from do you buy normally cement?
TABLE-2
Frequency Percent
local supplier 27 54.0
company authorized dealer
1 2.0
exclusive dealer 1 2.0
dealer dealing with building
materials along with cement 21 42.0
Total 50 100.0
INTERPRETATION
Among the total 50 respondents 54% are normally purchasing cement from Local
supplier, 42% are purchasing from the Dealer who dealing with building material
along with cement, just 2 % of them are purchasing from Company authorized
dealer, and just 2% of them prefer to purchase from Exclusive dealer.
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Does Influencers play a vital role?
TABLE-3
Frequency Percent
yes 40 80.0
no 10 20.0
Total 50 100.0
INTERPRETATION
Among the total 50 Respondents 80% of them say that Influencer plays a vital role
while choosing cement brand for purchase, however 20% of them are not agreed
that Influencer plays any role while choosing any cement brand.
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Whom do you consult for purchasing cement?
TABLE-4
Frequency Percent
Mason 28 56.0
Engineer 6 12.0
friends & relatives 14 28.0
a neighbor who has recently
constructed his house 2 4.0
Total 50 100.0
INTERPREATATION
Among the total 50 Respondents, 56% of them consults Mason while purchasing
cement, 28% of them consults their Friends & Relatives,12 % of them purchase
after consulting Engineer /Architect/Cement dealer & the most surprising part in it
that only 2% of them consult their neighbor who recently constructed his house .
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Are you brand conscious?
TABLE-9
Frequency Percent
Yes 37 74.0
No 13 26.0
Total 50 100.0
INTERPRETATION
Among the total 50 Respondents, 74% said that they are brand conscious they only
go for branded product, however 26% said that they are not brand conscious.
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Which is the best mode of advertisement?
TABLE-11
Frequency Percent
Television 34 68.0
shop paintings 6 12.0
Hoardings 7 14.0
wall paintings 3 6.0
Total 50 100.0
INTERPRETATION
Among The total 50Respondents, 68% said that Television is the best mode of
advertisement and Television advertisement influence him more, however there are
14% of Respondent they said that Hording is the best mode of Advertisement , 12%
of them said that Shop painting is the best mode and finally 6% said that wall
painting is the best mode of advertisement.
Is there any relation between the colour of the cement with its price and its
quality in your opinion?
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TABLE-12
Frequency Percent
yes 12 24.0
no 38 76.0
Total 50 100.0
INTERPRETATION
Among The total 50 Respondents only 24% said that, there is a relationship
between colour of the cement with its price and its quality, however 76 % said that
there is no relationship between colour of cement with its price and its quality.
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Does a branding/promotional activity improve the visibility and enhance the
sale of a cement brand?
TABLE-13
Frequency Percent
yes 3 6.0
no 47 94.0
Total 50 100.0
INTERPRETATION
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Has any company official visited your site?
TABLE-14
Frequency Percent
yes 1 2.0
no 49 98.0
Total 50 100.0
INTERPRETATION
Among the total 50 Respondents 2% said that company officially Visited their site,
however 98% said that no one come officially to their site from cement company.
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Have you attended any meeting with any cement company?
TABLE-15
Frequency Percent
Yes 1 2.0
No 49 98.0
Total 50 100.0
INTERPRETATION
Among the total 50 Respondents 98% haven’t attend any cement company meeting
however only 2% of them are attended the cement company meeting.
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FINDINGS
3. Brand name is also preferred factor by the respondents. Mostly, Jaypee and
Maihar are well famous brands.
4. In rural area Jaypee Cement and is more preferred on quality point of view.
6. In urban area Jaypee and Maihar Cement is highly preferred a quality and
strength point of view.
7. In rural area customers are not very much aware of strength quality of
cement.
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SUGGESTIONS
6. Time to time suggestions from customer should be taken through feed back
form.
8. For advertising different media should be used which are easily available in
rural areas.
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CONCLUSION
The finding of the survey is enough proof to show that Jaypee cements ranks
high in quality, composition etc., It is observed that Jaypee cement has a
maintained better product image among the person who have used it and are using
it. The company has also vast network of salesmanship no doubt these things will
have a long way in improving not only product image but also the corporate image.
But in competitive field one should not satisfy himself with present performance.
In order to maintain higher competitive efficiency there should be continuous
product planning and market improvement.
Jaypee cement producer and their dealers in Satna city may consider the
preference analysis in the report and suggestions given in the report for achieving
higher standards of marketing performance in the future.
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BIBLIOGRAPHY
BOOKS
www.jaypeecement.com
www.google.com
QUESTIONNAIRE
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Dear Respondent, please answer the following Question:-
Name of the Respondent:- ___________________________________________
Mobile No: ______________________________ Location:_________________
Q1. Which brand of cement you have purchased?
a) JAYPEE
b) LARARGE
c) MAIHAR
d) OTHERS
Q4. Does Influencer play a vital Role For purchase of any brand of cement?
a) Yes
b) No
Q5. While purchasing cement & building materials whom Do you consult?
a) Mason
b) Engineer/ Architect/ Cement dealer
c) Friends and Relatives
d) A neighbor who has Recently constructed his house
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b) LARARGE
c) MAIHAR
d) OTHERS
e) If others please specify____________________________
Q7. What come to your mind when I say JAYPEE cement, choose one of the
following?
a) Good brand name
b) Affordable Price
c) Good quality product
d) All of the above
Q8. Which cement company provides good logistic support from the following?
a) JAYPEE
b) JAYPEE
c) JAYPEE
d) MAIHAR
e) LAFARGE
Q9. Which cement company is known for its brand name in market?
a) JAYPEE
b) JAYPEE
c) JAYPEE
d) MAIHAR
e) OTHERS
Q11. If yes then which brand you prefer the most? Choose one of the following.
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a) JAYPEE
b) JAYPEE
c) JAYPEE
d) MAIHAR
e) OTHERS
14. Rate the following on the scale of 1-6 Jaypeeording to customer preference
of brand 1 being the highest?
JAYPEE JAYPEE MAIHAR LAFARGE
JAYPEE
Rating
Q15. Is there any relation sheep between the colour of the cement with its Price
and its quality in your opinion?
a) Yes
b)No
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If yes give your
opinion_________________________________________________
__________________________________________________________________
Q16. Do branding / promotion activities improve the visibility and enhance the
sale of a cement brand?
a) Yes
b)No
Q18. Have you attended any meeting with any cement company?
a) Yes
b)No
Q20. Which brand of cement you are able to purchase on credit basis? Choose
one of them.
a) JAYPEE
b)JAYPEE
c) JAYPEE
d)MAIHAR
e) OTHERS
If others please
specify________________________________________________________
Q21. Any suggestion by which company can respond more to consumer like
you?
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