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rakshithaaa final
rakshithaaa final
BACHELOR OF COMMERCE
OF
SUBMITTED BY
RAKSHITHA P S
U19RK21C0097
2023 - 2024
GUIDE CERTIFICATE
This is to certify that Ms. RAKSITHA P.S. bearing Register Number U19RK21C0082, who
is a student of VI semester B.COM Program, has undertaken a research study on topic A
Study On Consumer Buying Behaviour On Hero Motors At Manjunatha Motors under my
guidance. This report is being submitted in partial fulfilment of the requirements for the
award of the degree of BACHELORE OF COMMERCE of BENGLORE North University.
This Organizational Study is based on the original research and has not formed the basis for
the award of any degree/ diploma/ prize by BENGLORE North University or any other
University.
Place: VIJAYAPURA
MURULIDHARA.M SIR
PRAGHATHI FIRST GRADE COLLEGE
STUDENT DECLARATION
I, hereby declare that this report entitled a study on “A Study On Consumer Buying Behaviour
On Hero Motors At Manjunatha Motors” during The summer vacation between the period
under the supervision and guidance of MURALIDAR SIR, Assistant professor of Commerce,
Last but not the least I take this opportunity to thank my parents and Friends for their
encouragement without which this project would not have been a success.
Date:
Place: SIDLAGHATTA
RAKSHITHA P S
TABLES OF CONTENTS
SL NO CONTANTS PAGE NO
1 INTRODUCTION 1 – 10
2 DESCRIPTION OF ORGANISATION 11 - 17
3 EXPERIENCAL LEARNING 18 - 25
5
BIBLIOGRAPHY 30
6
ANNEXURE 31
EXECUTIVE SUMMARY
PURPOSE
Today lots of competition in two wheeler industries and four wheeler industries faced by
marketer, so ever marketers must be know the consumer preference about two wheeler and
four wheeler provide them what type they want. this research measures the different
components of consumer preference, which are help and provide guidance to those decisions
This summary encapsulates the essence of the detailed study, highlighting the strategic
approach Hero Moto Corp employees to maintain its market leadership and cater to the
evolving demands of its customers.
A STUDY ON CONSUMER BUYING BEHAVIOUR ON HERO MOTORS
AT SIDLAGHATTA
EXECUTIVE SUMMARY
PURPOSE
Today lots of competition in two wheeler industries and four wheeler industries faced by
marketer, so ever marketers must be know the consumer preference about two wheeler and
four wheeler provide them what type they want. this research measures the different
components of consumer preference, which are help and provide guidance to those
decisions Certainly, here’s a detailed executive summary of a study on consumer buying
behavior related to Hero Moto Corp: The study on consumer buying behavior for Hero
Moto Corp, the world’s largest two-wheeler manufacturer by volume, offers insights into
customer satisfaction and preferences within the Indian market. Hero Moto Corp is
renowned for its fuel-efficient bikes and longevity, with a product range that spans across
economy, executive, and premium segments. The Splendor model, in particular, stands out
as the most successful product, accounting for a significant portion of the company’s
turnover.
This summary encapsulates the essence of the detailed study, highlighting the strategic
approach Hero Moto Corp employees to maintain its market leadership and cater to the
evolving demands ofits customers.
INTRODUCTION
MEANING: consumer buying behavior is the study of how individual customers, groups or
organizations select, buy, use, and dispose ideas, goods, and services to satisfy their needs and wants.
It involves processes and activities people engage in when searching for, selecting, purchasing, using,
evaluating, and disposing of products and services.
DEFINITION: consumer buying behavior can be articulated as the decision processes and acts of
people involved in buying and using products. It is the subset of the larger field of marketing that
studies how the emotions, attitudes, and preferences affect buying behavior of individuals or groups.
Understanding consumer buying behavior is crucial for marketers as it helps them to:
Consumer buying behavior is influenced by various objectives that individuals seek to fulfill when making
purchasing decisions. Some of the key objectives include:
1. Utility Maximization: Consumers aim to maximize the satisfaction or utility they derive from a product or
service. This involves selecting options that provide the most value or benefit relative to their costs.
2. Value Optimization: Consumers often seek products that offer the best value for money, considering both
the quality and price. Value is subjective and can vary based on individual preferences and perceptions.
3. Need Fulfillment: Buying behavior is often driven by the need to fulfill basic or higher-level needs, as
proposed by Maslow's hierarchy of needs. These needs may include physiological (food, shelter), safety,
social belonging, esteem, and self-actualization.
4. Rational Decision Making: Consumers may make decisions based on logical reasoning and weighing of
pros and cons. This can involve comparing features, prices, reviews, and other objective criteria to make
informed choices.
5. Emotional Satisfaction: Many purchasing decisions are driven by emotions such as desire, excitement,
pleasure, or even fear. Emotional factors can heavily influence consumer behavior, often more so than
rational considerations.
Understanding these objectives helps businesses and marketers tailor their products, services, and marketing
strategies to better meet consumer needs and preferences, ultimately influencing buying behavior and
decision-making processes.
o Understanding Needs and Wants: Consumer behavior begins with recognizing needs or
wants. By studying this, businesses can tailor their offerings to meet specific consumer
requirements.
o Information Search: Consumers actively seek information before making a purchase.
Understanding their search patterns helps companies optimize marketing efforts and
providerelevant content.
o Evaluation of Alternatives: Consumers compare different products or services based on
features, quality, price, and other factors. Businesses benefit by knowing criteria
consumersuse for evaluation.
o Purchase Decision: The decision-making process culminates in the actual purchase.
Businesses need to understand the triggers that lead to this decision to optimize
salesstrategies.
o Post-Purchase Evaluation: After buying, consumers assess their satisfaction. This impacts
brand loyalty and repeat purchases. Companies can enhance customer experience by
addressing post-purchase concerns.
o Product Success or Failure: Failing to understand consumer reactions can lead to product
failure. Knowing consumer behavior helps companies avoid costly mistakes.
o Customer-Centric Approach: Emphasizing the ―why‖ and ―how‖ from the customer’s
perspective allows businesses to make better decisions and improve customer
satisfaction.
o Competitive Edge: Companies that grasp consumer behavior gain a competitive advantage.
They can tailor their offerings, enhance customer experience, and build lasting
relationships.
Remember, consumer behavior isn’t just about individual choices—it shapes entire markets and
influences business success! Effective Resource Utilization: Understanding consumer behavior
optimizes resource allocation.
1. Need Recognition: The buying process begins when a consumer recognizes a need
or problem. This can be triggered by internal factors (such as hunger or thirst) or
external stimuli(like advertising).
2. Information Search: Consumers actively seek information about potential
solutions. They may use personal experiences, friends’ recommendations, online
research, or visit stores to gather information.
3. Evaluation of Alternatives: Consumers compare different options based on criteria
such as price, quality, features, and brand reputation. They weigh the pros and cons
before making a decision.
4. Purchase Decision: After evaluating alternatives, consumers make a choice.
Factors influencing this decision include personal preferences, budget
constraints, and perceived value.
5. Post-Purchase Behaviour: Consumers assess their satisfaction after the
purchase. If they experience dissonance (doubt), they seek reassurance or return
the product.
6. Cultural Influence: Culture, subculture, and social class impact buying behaviour.
Culturalnorms, values, and rituals shape preferences and choices.
7. Social Factors: Reference groups (family, friends, colleagues) influence
decisions. Socialstatus, lifestyle, and peer pressure play a role.
8. Psychological Factors: Motivation, perception, learning, and memory affect
buying behaviour. Emotions and attitudes also come into play.
Consumer buying behavior is a fascinating area of study that delves into the decision-making
processes of individuals and groups when they select, purchase, use, and dispose of goods and
services. It’s influenced by a variety of factors, including psychological, social, cultural, and
environmental aspects. Here’s a detailed look at the four main types of consumer buying behavior:
1. Complex Buying Behavior: This occurs when consumers are purchasing expensive,
infrequent items. They are highly involved in the purchase process and conduct extensive
research before making a decision. For example, buying a car or a house would typically
involve complex buying behavior.
2. Dissonance-Reducing Buying Behavior: In situations where consumer involvement is high
but there are few differences between brands, consumers engage in dissonance-reducing
buying behavior. This often happens with products like appliances or electronics, where
choices may be limited and the consumer is looking to reduce post-purchase dissonance.
3. Habitual Buying Behavior: When consumers have low involvement with the purchase and
there are few significant differences between brands, they exhibit habitual buying behavior.
This is common for everyday items like table salt or sugar, where a purchase decision doesn’t
require much thought.
4. Variety-Seeking Buying Behavior: This type of behavior is characterized by low consumer
involvement but significant perceived differences between brands. Consumers often switch
brands just for the sake of variety or novelty, as seen with products like snacks or drinks.
Understanding these behaviors is crucial for businesses as it helps them tailor their marketing
strategies and product offerings to better meet the needs and desires of their target audience. By
aligning with consumer behavior, companies can enhance their competitiveness and profitability.
1. Neuro marketing
Neuro marketing, also known as consumer neuroscience, leverages brain activity topredict and
influence consumer decisions.Researchers use functional magnetic resonance imaging (fMRI) and
electroencephalogram (EEG) scans to measure brain responses to stimuli likeadvertisements or
product packaging.
Physiological tracking, including eye movements and heart rate, provides additionalinsights.
Examples include brand recognition altering how the brain perceives a product andneural signatures
The consumer Buying Behavior can be broken down into a series of tasks.
1. Problem recognition
During this stage, the consumer becomes aware of an unfulfilled need or want. For example, his old
laptop may be broken and a need arises for a new laptop.
2. Information search
In this stage, the consumer gathers information relevant to solving his problem. Example, collection
of information about various laptop models.
3. Evaluation
The various alternatives are evaluated against the consumer’s wants needs, preferences, financial
resources etc.
4. Purchase
In this stage, the consumer will commit to a particular choice and make the final decision. The
choice maybe influenced by price and availability.
In this stage, the consumer evaluates whether the purchase actually satisfied her need or not
Consumer behavior is influenced by various factors. Here are five major factors that play a role in
shaping consumer buying decisions:
1. Psychological Factors:
Motivation: Basic needs (like food, shelter, and security) and higher-level needs (such as esteem and
self-actualization) motivate consumers to buy products and services.
Perception: Consumers form impressions about products based on advertisements, reviews, and
social media feedback.
Learning: Consumers acquire knowledge and skills related to products over time through experience.
Attitudes and Beliefs: These influence how consumers perceive and interact with brands.
2. Social Factors:
Reference Groups: Consumers look to their social circles for cues on what to buy.
Family: Family members’ preferences and opinions impact purchasing decisions.
Culture: Cultural norms, values, and traditions shape consumer behaviour.
3. Cultural Factors:
A group’s shared values and ideologies influence consumer choices.
Subculture: Subgroups within a larger culture (e.g., ethnic, religious, or regional) impact preferences.
Social Class: Socioeconomic status affects buying patterns.
CHAPTER - 02
MANJUNATHA MOTORS
NO-389, NEAR K S R T C BUS STAND,
OPP SHARADA CONVENT,
SIDLAGHATTA - 562105., SIDLAGHATTA, KARNATAKA:
Mobile No: 9448237043
Email: manjunathamotors.In@gmail.com
MANJUNATHA MOTORS, Hero Showroom may present in one or more location. Some
MANJUNATHA Motors Hero dealer may not sell all Hero models. Kindly confirm over the phone
before visiting the showrooms.
Hours of Operation
HF Deluxe
SUPER SPLENDOR
Glamour
XTREME 200S
Information about MANJUNATHA MOTORS, the official Hero Moto Corp dealer in
SIDLAGATTA:
1. Sales: MANJUNATHA Motors offers a range of motorcycles and scooters from Hero Moto
Corp. You can explore their products, including new launches, practical models, executive
bikes, and performance-oriented options.
2. Service: They provide maintenance and repair services for Hero motorcycles and scooters.
Whether you need regular servicing, repairs, or spare parts, you can rely on MANJUNATHA
MOTORS.
Amenities:
Hero Moto Corp, formerly known as Hero Honda, is a trusted and well-known brand in the
two-wheeler industry. Established in 1984, it began as a joint venture between Hero Motor
Company and the Honda Group. Here are some key points about its journey:
o Joint Venture: Hero Honda Motors Limited was founded in DHUHARA, India,
with the MUNJAL family and Honda Group holding a 26% stake in the company.
o Affordable Two-Wheelers: In the 1980s, Hero Honda introduced cost-effective two-
wheelers to cater to India’s market. Their famous slogan was ―Fill it – Shut it – Forget
it.‖
o Technological Influence: Many technologies used in Hero two-wheelers were
inspired by Japanese expertise.
o Separation from Honda: In 2010, the two groups separated, and the MUNJAL
Family regained their stake. Subsequently, Hero Moto Corp Limited was
established in 2011.
o Global Reach: Hero Moto Corp expanded its reach by exporting vehicles to countries
in West Asia, Africa, and Latin America.
o Bangladesh Operations: In 2014, Hero Moto Corp partnered with the NILOY
Group to commence operations in Bangladesh. The Bangladesh plant started
production in 2017.
o Hero Honda was a trustworthy brand in India, receiving awards for “Best
Value forMoney Bike Maker” and “Best Advertising” in 2012.
o Forbes recognized Hero Moto Corp as one of the most reputable firms globally.
Employee Strength:
o Hero Moto Corp currently employs 5,842 people and invests significantly in
employee benefits.
Business Milestones:
o Till 2013, Hero Moto Corp had sold over 70 million two-wheelers.
o The iconic Hero Honda Splendor remains one of their most popular products.
Certainly! Let’s dive into Hero Moto Corp’s vision, mission, values, and sustainability initiatives
in more detail:
1. Vision:
o Hero Moto Corp’s vision is to “Be the Future of Mobility.”
o They aspire to lead the industry by setting standards for design, functionality, and technology
in the world of two-wheelers.
o Sustainability is a key focus, and they are committed to shaping a greener, safer, and
equitable future12.
2. Mission:
o Hero Moto Corp’s mission revolves around creating value for their customers by
manufacturing affordable new-age mobility solutions.
o They empower people to move ahead in their lives, riding the wave of development and
innovation.
4. Sustainability Initiatives:
o Hero Moto Corp is committed to sustainable practices:
Zero waste to landfill facilities by 2025
Carbon-neutral operations by 2030
Water-positive facilities by 2025.
5. Innovation and Global Footprint:
o Hero Moto Corp invests in research and development, filing patents, and scaling global
heights.
o Collaborations with partners like Harley-Davidson, ATHER Energy, and Zero Motorcycles
expand the electric vehicle ecosystem.
6. Preserving Biodiversity and Water Conservation:
o Hero Moto Corp actively contributes to preserving biodiversity and promoting water
harvesting measures.
In summary, Hero Moto Corp’s vision is to shape the future of mobility sustainably, and their mission
revolves around empowering people through innovative and affordable mobility solutions. They lead
with integrity, courage, and responsibility, aiming to inspire positive change in the world of
transportation.
STRUCTURE OF ORGANISATION
Creating a detailed diagram isn't possible here, but I can describe the typical organizational structure of Hero
MotoCorp:
1. Board of Directors: At the top of the hierarchy, responsible for major decisions and governance.
2. Managing Director & CEO: Typically the highest-ranking executive responsible for overall operations and
strategy.
3. Senior Management Team: Directly reporting to the CEO, this team includes executives overseeing key
functions like:
Finance: Responsible for financial planning, reporting, and management.
Operations: Overseeing manufacturing, supply chain, and logistics.
Marketing: Handling brand management, advertising, and market strategy.
Sales: Managing distribution channels and sales operations.
Human Resources: Responsible for workforce management, recruitment, and employee relations.
Research & Development: Driving innovation and product development.
Legal & Compliance: Ensuring legal adherence and managing regulatory affairs.
4. Regional/Divisional Heads: Responsible for specific geographic regions or product lines, reporting to
senior management.
5. Functional Departments: Departments such as IT, Quality Assurance, Corporate Communications, and
Customer Service, supporting core operations.
6. Production Units: Divisions responsible for manufacturing and assembly operations.
Products: Hero MotoCorp produces motorcycles and scooters. Some of their popular models
include:
o Motorcycles: Xtreme 200S, Xtreme 160R, Pulse 200T, expulse 2004V (Latest
Edition)
o Scooters: Destini 125, Maestro Edge, Pleasure+
2. Market Share: Hero MotoCorp holds approximately 46% of the market share in the Indian
two-wheeler industry1.
3. Global Presence: With over 100 million customers worldwide, Hero MotoCorp continues
to be a leader in the industry, contributing to socio-economic progress and empowerment
through its range of products and services2.
Dealer Services: They provide free parking on-site and accept payment methods such as cash,
cheques, debit cards, MasterCard, and online payments.
CHAPTER - 3
EXPERIENTIAL LEARNING
LEARNING EXPERIENCE:
The four weeks of my internship study project gave me a knowledge about the study on the
consumer buying behaviour or branding and gaining experience in the following areas:
Analytical Skills: One of the primary skills gained is the ability to analyze and interpret complex data
sets. You’ll learn to discern patterns in consumer behavior, preferences, and purchasing habits, which
can inform strategic decisions for Hero Motors. This involves statistical analysis, predictive modeling,
and the use of analytics tools to understand market trends.
Strategic Marketing: Understanding consumer behavior is crucial for developing effective marketing
strategies. You’ll gain insights into how branding, product positioning, and promotional activities can
influence buying decisions. This knowledge helps in crafting marketing campaigns that resonate with
the target audience of Hero Motors.
Customer Insights: By studying consumer behavior, you’ll develop the ability to generate deep
customer insights. This includes understanding the psychological and emotional drivers of purchase
decisions, which can be pivotal in designing products that meet consumer needs and desires.
Cross-Functional Collaboration: The study of consumer behavior often requires working across
different departments. You’ll learn to collaborate with teams such as product development, sales, and
customer service to implement strategies that are informed by consumer insights.
Ethical Considerations: Ethical marketing practices are essential, and you’ll learn to navigate the
complexities of consumer privacy, data protection, and ethical advertising, ensuring that Hero Motors
maintains a positive brand image.
In summary, the study of consumer buying behavior equips you with a toolkit of valuable skills that
are applicable across various roles within Hero Motors and beyond. These skills enable you to
contribute to the company’s success by aligning business strategies with consumer needs and market
dynamics
TASK UNDERTAKEN
Certainly! Here are some tasks undertaken to consumer buying behavior towards Hero Moto Corp:
These studies collectively provide valuable insights into consumer preferences, decision-making
processes, and satisfaction levels related to Hero Moto Corp products. Understanding these aspects
helps companies tailor their offerings to meet customer expectations and enhance overall brand value.
LESSONS LEARNED
Certainly! Here some of the lessons to be learned related to the study of consumer buying behavior
and branding in the context of Hero Moto Corp:
1. Sports Sponsorship and Brand Visibility:
a. Hero Moto Corp has been associated with various sports, including Golf, Football,
Field Hockey, and Cricket for over two decades.
b. By sponsoring events and teams, Hero enhances its brand visibility and attracts new
audiences.
2. Brand Ambassadors:
a. Hero Moto Corp effectively uses brand ambassadors, such as cricketers and football
coaches, to strengthen its brand identity.
3. For instance, Diego Someone, the football legend and coach of ATHLETICO Madrid, is Hero
Moto Corp’s brand ambassador.Quality and Innovation:
a. Hero Moto Corp’s focus on fuel-efficient and environmentally friendly bikes has
contributed to its market leadership.
b. The introduction of technologies like Fuel Injection (FI) keeps Hero at the forefront
of the two-wheeler industry.
4.
5. Customer Satisfaction:
b. Hero Moto Corp’s commitment to providing reliable and efficient motorcycles and
scooters contributes to high levels of customer satisfaction.
6. Understanding Customer Needs:
a. Hero Moto Corp’s extensive range of vehicles caters to diverse market segments.
b. Understanding and addressing customer needs and preferences are essential for
success3.
7. Brand Loyalty:
a. Factors like brand preferences, price, quality, promotional activities, after-sale services,
mileage, and resale value influence consumer buying decisions.
b. Building and maintaining brand loyalty are critical for sustained success4.
a. Hero Moto Corp’s association with sports, brand ambassadors, and innovative
campaigns demonstrates effective marketing strategies.
a. These efforts contribute to brand recall and customer engagement..
2. Market Leadership:
a. Hero Moto Corp’s consistent focus on quality, innovation, and customer satisfaction
has helped it maintain its position as the largest two-wheeler manufacturer in the
world2.
3. Global Presence:
a. Hero Moto Corp sets industry standards across all market sectors.
5. These points highlight the importance of strategic branding, customer-centric approaches, and
quality in Hero Moto Corp’s success story. By understanding consumer behavior and
leveraging effective marketing, Hero continues to thrive in the competitive automobile
industry.
Certainly! Let’s delve into the challenges faced in studying consumer buying behavior related to Hero
Motors and explore potential solutions:
o Challenge: The shift towards electric vehicles and other innovations can affect
consumer preferences.
o Solution: Study the impact of electric vehicles, hybrid technology, and eco-friendly
options. Explore consumer preferences.
7. Cultural and Social Influences:
o Challenge: Cultural and social factors play a significant role in consumer behaviour.
Remember, each challenge provides an opportunity for deeper understanding. Researchers should
adapt their approaches and collaborate with industry experts to gain valuable insights into consumer
behavior related to Hero Motors.
IMPACT
CHAPTER - 04
Certainly! There have been several studies on consumer buying behavior related to Hero Motors. Here
are some key findings from recent research:
These studies provide valuable insights into the factors that drive consumer behavior towards Hero
Motors, highlighting the need for companies to continuously innovate and cater to the evolving
preferences of their target market.
OUTCOMES
The outcomes of studies on CONSUMER BUYING BEHAVIOUR related to Hero Motors reveal
several key insights:
RECOMMENDATIONS
1. Brand Reputation and Trust: Hero MotoCorp has a strong brand reputation in India.
Consumers often consider the brand’s reliability, quality, and trustworthiness when making
purchasing decisions. To enhance this, Hero should continue to focus on maintaining product
quality and customer satisfaction.
2. Product Features and Innovation: Consumers look for features that align with their needs.
Hero should invest in research and development to introduce innovative features, fuel
efficiency, safety enhancements, and eco-friendly options. Regular updates and new launches
can attract buyers.
3. Pricing Strategy: Price plays a crucial role. Hero should offer competitive pricing while
ensuring value for money. Regular market analysis can help adjust pricing strategies based on
consumer preferences and market trends.
SUGGESTIONS
5. After-Sales Service: Hero’s extensive service network and reliable after-sales support
contribute to customer satisfaction. Consumers prefer brands with accessible service centers.
6. Design and Aesthetics: Aesthetics play a role in consumer choices. Hero bikes’ designs,
colors, and styling impact purchase decisions.
7. Word of Mouth and Recommendations: Positive reviews from friends, family, or online
communities influence potential buyers. Recommendations from existing Hero owners matter.
8. Perceived Value: Consumers assess the value they receive for the price paid. Hero’s
competitive pricing and features contribute to perceived value.
9. Emotional Factors: Some buyers associate Hero bikes with nostalgia, family traditions, or
personal preferences. Emotional connections impact their choices.
10. Market Trends and Innovations: Awareness of market trends, new features, and
technological advancements affects consumer preferences. Hero’s ability to adapt to these
trends influences buying behavior.
CONCLUSION
Certainly! Let’s explore the conclusion regarding consumer buying behavior related to Hero
Motors.Hero MotoCorp aims to satisfy its customers by meeting or exceeding their needs and
wants. Factors like product quality, service, and brand perception play a crucial role.
Hero MotoCorp holds a significant market share in India’s two-wheeler segment. This
success is driven by factors such as the expanding middle-class demographics and the large
youth population People’s expectations about a product or service significantly impact their
satisfaction. Hero MotoCorp strives to align its offerings with customer expectations.
Consumers consider various factors before buying a Hero Motors product, including social
class, family, psychological factors, and economic considerations. Hero MotoCorp’s brand
image plays a crucial role in influencing consumer decisions. Positive brand perception leads
to higher customer loyalty and repeat purchases. Consumers value the reliability and quality
of Hero Motors products. Consistent performance and durability contribute to customer
satisfaction. Pricing strategy affects consumer behavior. Hero MotoCorp balances
affordability with perceived value to attract a wide range of buyer. Hero MotoCorp’s
commitment to excellent after-sales service enhances customer satisfaction. Timely
maintenance, spare parts availability, and service centers matter to buyers. Positive
experiences shared by existing Hero Motors customers influence potential buyers. Word of
mouth and referrals play a significant role in consumer behavior
Consumer behaviour refers to how individuals select, purchase, use, and dispose of goods and
services based on their needs, desires, and aspirations. It’s a multifaceted concept that draws
insights from psychology, sociology, social anthropology, and economics.
In the context of marketing, understanding consumer behavior is crucial. Marketers must grasp
consumer preferences and goals to design products, services, and marketing programs that align
with them. By doing so, they add value to organizations, enhance customer satisfaction, and
contribute to societal well-being.
BIBILLOGRAPHY
1. Google
2. https;//compare.pricesofindia.com
3. https;//dealers.heromotocorp.com
4. www.vicky.in
5. www.justdial.co
6. CAPILOT
ANNEXURES
Studying consumer buying behavior related to Hero Motors involves understanding various aspects that
influence consumers' decisions when purchasing Hero motorcycles or scooters. Here are some potential
annexures that could be included in such a study:
1. Survey Questionnaires: Annexures could include copies of the survey questionnaires used to collect data
from consumers. These questionnaires would likely cover demographics, purchase motivations, brand
perception, and satisfaction levels related to Hero Motors products.
2. Interview Guides: For qualitative research, annexures might include interview guides used during in-
depth interviews with consumers. These guides would explore in detail the factors influencing their decision-
making process.
3. Data Analysis Reports: Annexures could feature detailed reports of data analysis, including statistical
summaries, charts, and graphs that illustrate trends and patterns in consumer behavior towards Hero Motors
products.
4. Focus Group Discussion Summaries: If focus groups were conducted, annexures might include
summaries of discussions, highlighting key insights and opinions expressed by participants regarding Hero
Motors.
5. Case Studies or Stories: Real-life consumer stories or case studies could be included to provide a
more narrative perspective on consumer experiences with Hero Motors products.
6. Marketing Materials: Copies of advertisements, promotional materials, or marketing campaigns by Hero
Motors could provide context on how the brand positions itself and influences consumer perceptions.
7. Competitor Analysis: Annexures might include comparative analyses with competitors in the
motorcycle or scooter market, showing how consumer preferences and behaviors differ between brands.
8. Ethical Clearance and Permissions: Documentation of ethical clearance obtained from relevant
authorities and permissions granted by Hero Motors for conducting the study, ensuring compliance with
research ethics.
9. References and Bibliography: A list of sources consulted during the study, including academic
papers, industry reports, and books related to consumer behavior and automotive marketing.
10. Appendices: Additional supporting materials such as raw survey data, detailed tables of findings, or
supplementary analyses that provide further depth to the main study.
These annexures would collectively enhance the comprehensiveness and credibility of the study on
consumer buying behavior related to Hero Motors, providing a clear and detailed picture of the research
process and findings.