The document analyzes consumer behavior in a small town in India with a population of 30,000 people whose main source of income is farming. It finds that consumer behavior has changed dramatically in recent years due to factors like rising income levels and exposure to globalization. Younger people aged 14-33 now prefer ready-made clothes from modern shops over traditionally tailored clothes, while older people still prefer tailored clothing. Poorer residents prefer tailored clothes due to lower costs, while rising incomes have allowed people to spend more in modern shops. Traditional cultural influences still draw villagers to tailored clothing, while younger generations are more open to new options.
The document analyzes consumer behavior in a small town in India with a population of 30,000 people whose main source of income is farming. It finds that consumer behavior has changed dramatically in recent years due to factors like rising income levels and exposure to globalization. Younger people aged 14-33 now prefer ready-made clothes from modern shops over traditionally tailored clothes, while older people still prefer tailored clothing. Poorer residents prefer tailored clothes due to lower costs, while rising incomes have allowed people to spend more in modern shops. Traditional cultural influences still draw villagers to tailored clothing, while younger generations are more open to new options.
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The document analyzes consumer behavior in a small town in India with a population of 30,000 people whose main source of income is farming. It finds that consumer behavior has changed dramatically in recent years due to factors like rising income levels and exposure to globalization. Younger people aged 14-33 now prefer ready-made clothes from modern shops over traditionally tailored clothes, while older people still prefer tailored clothing. Poorer residents prefer tailored clothes due to lower costs, while rising incomes have allowed people to spend more in modern shops. Traditional cultural influences still draw villagers to tailored clothing, while younger generations are more open to new options.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOCX, PDF, TXT or read online from Scribd
8as|c Informat|on's 1rad|t|ona| Market 1allor shop Modern Market 8eadymade cloLh shop 1own ChhoLlsadrl(ulsLrlcLchlLLaurgarh8a[sLhan) opu|at|on 30000 Ma|n source of |ncome larmlng (llke Soya garllc corn Cplum and all vegeLables) Cu|ture 1radlLlonal vlllage Shop chooses 1radlLlonal Lallor markeL shop and readymade cloLh markeL shop Customers Age beLween 14 Lo 63 year Gender Male Income group oor Lo upper mlddle class
(8eadymade cloLh shop)
(1radlLlonal 1allor shop)
Consumer 8ehavlour As per survey and lnLervlewlng wlLh Lhe peoples frlend and wlLh famlly members l found LhaL Lhe ln presenL scenarlo Lhe consumer behavlour ls change dramaLlcally due Lo malnly by Cen nexL as 34 of Lhe lndla's populaLlon ls come under age of 30year O Ana|ys|s on the bas|s of Age 1he age facLor plays a ma[or role ln cloLh markeL as l flnd LhaL Lhe Cen nexL beLween age group 10year Lo 33year old prefer Lhe readymade cloLhs and above Lhe age group 33year prefer Lhe Lallored cloLhs as Lhey wanL Lhe loose cloLh and accordlng Lo Lhelr physlcal sLrucLure O Ana|ys|s on the bas|s of |ncome 1he lncome plays a vlLal role ln shopplng behavlour as Lhe Lown ls small and LradlLlonal and also Lhe maln lncome source ls agrlculLure so Lhey have noL enough money Lo spend so poor and lower mlddle class people prefer Lhe Lallored cloLh as Lhey cheap 8uL due Lo Lhe lncome of people rlses so Lhey spend more O Ana|ys|s on the bas|s of cu|ture As Lhe Lown ls surrounded by Lhe small vlllages so Lhere ls LradlLlonal culLure and due Lo LhaL reason Lhe vlllagers prefers Lhe Lallored cloLhs buL young generaLlon below 23year prefers Lhe readymade cloLhs O Ana|ys|s on the bas|s of Soc|a| factors As Lhe person llvlng ln group Lhelr preferences also changed accordlngly as young generaLlon prefer Lhe readymade cloLhs and Lhe old one prefer Lhe Lallored cloLh also Lhe Leachers and professlonals prefers Lhe Lallored cloLhes as per Lhelr soclal group 1he shopp|ng behav|our before Syear 1he shopplng behavlour before 3 year ls so dlfferenL Lhere ls dramaLlcally change ln Lhe shopplng behavlour of Lhe people As Lhe lncome ralses so people are spendlng Lhe money 8efore Lhe 3 year Lhe condlLlon was LoLally dlfferenL due Lo Lhe unemploymenL and also Lhe neL dlsposable lncome was low As due Lo Lhe globallsaLlon Lhe ouLslde companles came ln lndla as Lhey flll Lhe lndla ls Lhe fasLesL growlng markeL and Lhey sLarLed Lo LargeL Lhe lndlan consumer Lo spend more now aL presenL Lhe companles LargeL Lhe urban and ruler area as Lhe 70 of Lhe lndlan populaLlon ln urban and ruler area So Lhey markeLlng Lhe producL ln LhaL area and so Lhe nexL Cen aLLracL Lowards lL and Lhe shopplng behavlour changes also people have more opLlons Lo choose buL before 3 year lL was noL As per dlscusslon wlLh Lhe boLh Lype of shopkeepers l found LhaL Lhe shopplng of people lncreaslng now days as compared before 3year Also due Lo Lhls Lhelr lncome also ralses
Conc|us|on So concluslon ls Lhe aL presenL Lhe consumer behavlour ln small Lown and vlllages ls changlng dramaLlcally as Lhe lncome ralses and also people are more educaLed Lhe malnly nexL Cen change Lhe game now people prefer Lhe branded and readymade producLs and also companles now focus on Lhe ruler and urban populaLlon as Lhey flll a huge opporLunlLy ln LhaL areas so Lhey LargeLlng Lhe urban and ruler area