Mr. Motibhai Patel buys a tractor for his farm. His buying decision is influenced by internal factors like his motivation to boost his esteem and perception of tractors, as well as social factors like influence from other farmers with technical expertise. He has a leadership role and is from a large farming social class. As the initiator, decider, and buyer, he goes through the stages of recognizing a need for a tractor, gathering information from other farmers, evaluating brands like Wilson positively based on attributes, deciding to purchase Wilson due to its brand image, and feeling confident about his informed decision due to little chance of buyer's remorse.
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Presentation on the marketing case study "Motibhai Patel Buys a tractor".
Mr. Motibhai Patel buys a tractor for his farm. His buying decision is influenced by internal factors like his motivation to boost his esteem and perception of tractors, as well as social factors like influence from other farmers with technical expertise. He has a leadership role and is from a large farming social class. As the initiator, decider, and buyer, he goes through the stages of recognizing a need for a tractor, gathering information from other farmers, evaluating brands like Wilson positively based on attributes, deciding to purchase Wilson due to its brand image, and feeling confident about his informed decision due to little chance of buyer's remorse.
Mr. Motibhai Patel buys a tractor for his farm. His buying decision is influenced by internal factors like his motivation to boost his esteem and perception of tractors, as well as social factors like influence from other farmers with technical expertise. He has a leadership role and is from a large farming social class. As the initiator, decider, and buyer, he goes through the stages of recognizing a need for a tractor, gathering information from other farmers, evaluating brands like Wilson positively based on attributes, deciding to purchase Wilson due to its brand image, and feeling confident about his informed decision due to little chance of buyer's remorse.
CONTEXT Rural India. Mechanisation in agriculture sector. Women and Children: No role in buying decision process of agro-development products. Huge demand-supply gap. Virtually no marketing by manufacturers. High cost product. Wilson: Excellent brand image and resale market. CASE ANALYSIS A function of Internal/Personal, Situational and Social factors. Personal/Internal:- a)Motivation: Esteem Need. b)Perception: Voluntary attention paid for product selection. c)Learning: through use, interaction and demonstration CONSUMER BUYING BEHAVIOUR:
Internal/Personal(contd..) Personality: Competent (The brand Wilson has a matching personality) and enterprising. Age group: Young. Life-Style: Achievement-oriented. SOCIAL: Reference Group: Friends with Technical Expertise and other farmers. Family has little influence. Role and Status: Leadership. Social Class: Large-holding Farmer CULTURAL Rural market. Educated Farmer. Newspaper and Radio. BUYING ROLE: Initiator ,decider and buyer(and user) : Single Individual.
BUYING BEHAVIOUR : Complex. High- involvement product with significant brand difference. STAGES OF BUYING DECISION Problem Recognition : by consumer. Information Source: Personal. Evaluation of alternatives : Strong positive brand- belief through attribute-evaluation procedure. Purchase decision: Only in Brand Choice. Delayed(Supply constraint). Post-Purchase behaviour : Informed decision. Little chance of dissonance.