The document discusses consumer buying behaviour in shopping malls. It outlines factors that influence buying behaviour like personal, cultural and social factors. Understanding consumer behaviour helps firms create effective marketing strategies and predict customer responses. The document also discusses the growth of shopping malls in India and types of consumers that shop in malls. Key findings from a study on consumer satisfaction in malls include issues with safety standards and customer service. The conclusion emphasizes the importance of understanding consumer behaviour for marketing. Recommendations include addressing research, design, promotion and facility management issues.
The document discusses consumer buying behaviour in shopping malls. It outlines factors that influence buying behaviour like personal, cultural and social factors. Understanding consumer behaviour helps firms create effective marketing strategies and predict customer responses. The document also discusses the growth of shopping malls in India and types of consumers that shop in malls. Key findings from a study on consumer satisfaction in malls include issues with safety standards and customer service. The conclusion emphasizes the importance of understanding consumer behaviour for marketing. Recommendations include addressing research, design, promotion and facility management issues.
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The document discusses consumer buying behaviour in shopping malls. It outlines factors that influence buying behaviour like personal, cultural and social factors. Understanding consumer behaviour helps firms create effective marketing strategies and predict customer responses. The document also discusses the growth of shopping malls in India and types of consumers that shop in malls. Key findings from a study on consumer satisfaction in malls include issues with safety standards and customer service. The conclusion emphasizes the importance of understanding consumer behaviour for marketing. Recommendations include addressing research, design, promotion and facility management issues.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
BUYING BEHAVIOUR These are the decision processes and acts of people involved in buying and using products.
Main factors affecting Buying Behaviour
• Personal • Cultural • Social Need for Studying Buying Behaviour • Buyers reactions to a firms marketing strategy has a great impact on the firms success.
• The marketing concept stresses that a firm should
create a Marketing Mix that satisfies (Gives utility to) customers therefore need to analyze the what, where, when and how consumers buy.
• Marketers can better predict how consumers will
respond to marketing strategies. SHOPPING MALLS • One of the fastest growing sectors in the Indian economy.
• The retail industry in India is expected to grow
25-30 % annually and is projected to attain USD 33 billion by 2011. Types of Consumers in retail mall • Time killer • Pleasure Seeker • Focused fulfillers • Product Groupies • General Browsers Some of the key players in organized retail • Pantaloon retails • Shoppers Stop • Lee Cooper • Barista • Westside • Big Bazaar • Wal Mart • PVR Cinemas OBJECTIVES
To study the importance of
Consumer Buying Behaviour in Shopping Malls Research Methodology Phase 1: Identification of the objective of research Phase 2: Determination of information needs and sources Phase 3: Collection of secondary data. Phase 4: Developing research frame. Phase 5: Data collection, tabulation and analysis. Phase 6: Observations, Understanding, Interpretations & Conclusions. FINDINGS • We found out that people were not happy with the safety standards of the mall. • The safety standards include : a) Lack of information regarding Exit points. b) Lack of firefighting equipments. • We also found that people were not happy with sales service. • Small proportion of consumers were not satisfied with the response from the working staff. • Customers were also unhappy with the long queue for bill clearance. CONCLUSIONS • The study of Consumer behavior is the most important factor for marketing of any good and services. The CB suggest how individual, groups and organizations select , buy , use and dispose of goods and services and ideas or experience to satisfy their needs and wants.
• It also cues for improving or introducing products
or services, setting price, devising channels etc. RECOMMENDATIONS
These issues should be taken into account :
• Lack of feasibility and market research. • Design Issues • Zoning Issues • Few promotional activities • Facility management • Parking