Professional Documents
Culture Documents
PROJECT REPORT
ON
BY
SMRITI MISHRA
UNDER GUIDANCE OF
PROF. SANKALP SHUKLA
GUIDE’S CERTIFICATE
This is to certify that MISS. SMRITI MISHRA has satisfactorily completed
work and not copied from any source. Also this report has not been submitted
earlier for the award of any Degree of Awadhesh Pratap Singh University, Rewa.
2
VINDHYA INSTITUTE OF MANAGEMENT & RESEARCH,
SATNA (M.P.)
DECLARATION
during the academic year 2016-2017 under the guidance of PROF. SANKALP SHUKLA
is my original work.
The matter presented in this report has not been copied from any source. I
understand that any such copying is liable to be punishable in any way the
university authorities deem to be fit. Also this report has not been submitted
earlier for the award of any Degree or Diploma of Awadhesh Pratap Singh
This work humbly submitted to Awadhesh Pratap Singh University for the
3
VINDHYA INSTITUTE OF MANAGEMENT & RESEARCH,
SATNA (M.P.)
ACKNOWLEDGEMENT
Whenever we are standing on most difficult step of the dream of our life,
we often remind about The Great God for His blessings & kind help and he
always helps us in tracking off the problems by some means in our lifetime. I feel
great pleasure to present this project entitled “CONSUMER PERCEPTION
TOWARDS SMART PHONES WITH REFERENCE TO MAIHAR CITY”.
I am grateful to those people who help me a lot in preparation of this
project report. It is their support and blessings, which has brought me to write
this project report. I have a deep sense of gratitude in my heart for them.
I would give sincere thanks to Mr. K.P.Tripathi, Asst. Professor, VIMR, Satna
who is been & will be source of inspiration to us.
I am very thankful to my project guide Prof. Sankalp Shukla for his whole-
hearted support and affectionate encouragement without which my successful
project would not have been possible.
Finally, I am very grateful to Mighty God and inspiring parents whose
loving & caring support contributed a major share in completion of my task.
SMRITI MISHRA
4
TABLE OF CONTENTS
4 Objectives 21-22
8 Limitations 41-42
9 Conclusion 43-44
10 References 45-46
Annexure
11 47-49
Questionnaire
5
CHAPTER-I
INTRODUCTION OF PROJECT
6
CHAPTER-I
INTRODUCTION
The most crucial issue for the marketers is to identify the needs of the consumers. Only the
identification of needs is of no value unless and until this is transformed in to a meaningful
and appropriate satisfiers. For this whole process of converting needs into actual satisfaction
one needs to understand the complete make up of consumer’s mind, and this process is
known as consumer behavior. Let’s also discuss some of the definitions of consumer
behavior.
Wells and Prensky defines that Consumer behavior is the study of consumers as they
exchange something of value for a product or service that satisfies their needs.
Hawkins, Best and Coney describes “The field of consumer behavior is the study of
individuals, groups, or organizations and the processes they use to select, secure, use, and
dispose of products, services, experiences, or ideas to satisfy needs and the impacts that these
processes have on the consumer and society”.
On the basis of above definitions, it can be concluded that consumer behavior is the
study of consumers regarding what they buy, when do they buy, from where they buy, how
frequently they buy, and how they use certain products. But the study does not stop here as it
7
also goes further to study the post purchase and evaluations of the consumers. So, it
addresses all the issues related from pre-purchase to post purchase behavior of the
consumers.
The study regarding consumer behavior can be divided into two parts i.e. consumer
buying dynamics and dynamics of business buyers.
8
(c) Personality: Personality is defined as those inner psychological characteristics that both
determine and reflect how a person responds to his environmental stimuli. Personality is
enduring and ensures that a person’s responses are consistent over time. But personality
cannot be considered as a unified whole, for that purpose different personality traits are to be
studied by the marketers. For example, dogmatism is a personality trait that measures the
degree of rigidity among individuals. If a person is highly dogmatic, it’s very difficult to
convenience him regarding the innovative products and brands. They are move likely to
choose well established brands and can not be convinced by celebrities in the advertisements.
Rather these kinds of people are influenced by the authoritative appeals. On the contrary,
those who possess the trait of innovativeness are move receptive to new products, new
services and new practices. They are prone to newer experiments. There could be some other
personality traits like inner directed consumes and other directed consumers. So, on the basis
of these personality traits, the process of segmentation can effectively be performed.
Industrial organizations do not engage only in selling. They also buy certain kind of
things like materials, manufactured parts, plant & equipments and different services etc.
Therefore, they require the services of other organizations and such organisations need to
understand these organizations’ needs, resources, polices, and buying procedures. So, in this
section we will examine few questions like-what is business market and how it differs from
consumer market, what kind of buying situations occur and who involves in the buying
business forecast etc. Let’s look into these questions one by one.
S.J. Skinner defines “Organizational buying behavior refers to the actions and
decision process of producers, resellers, and governments in deciding what products to buy”.
So, on the basis of above definitions it can be concluded that organizational buying is
the decision-making process in which one organization receives the resources from the other
9
organization and the providers identify the need for products and services and the receivers
identify, evaluate, and choose among alternative brands and suppliers.
1. Problem Recognition: Like any other decision-making process, the first stage of
the organizational buying decision process involves problem recognition, where one or more
persons recognize a problem. It may occur under a variety of circumstances. For example,
the sales manager and office manager of an office play a key role in recognizing the need to
add computers to their office. Recognition of this problem, however, can come up in several
ways. In this particular instance, a continuing problem between field sales agents and internal
administrative staff may lead the office manager and sales manager to recognize the problem.
The continuation of these sources of influence eventually leads to an increased level of
importance and the subsequent stage of information search.
2. Information Search: Information search can be both formal and informal. Site
visits to evaluate a potential vendor, laboratory tests of a new product or prototype, and
investigation of possible product specifications are part of formal information search.
Informal information search can occur during discussions with sales representatives, while
attending trade shows, or reading industry specific journals. Business buyers search for
information both to help make the best decision and to support their actions and
recommendations within the organization.
10
this kind of process, the organizations screen out potential suppliers that do not meet all its
criteria.
A second stage of organizational decision making could involve other decision rules
such as disjunctive and lexicographic etc. In the disjunctive decision rule, a minimum level
of performance for each important attribute is established. All brands that surpass the
performance for any key attribute are considered acceptable. The lexicographic decision rule
requires the business buyer to rank the criteria in order of importance. The buyer then selects
the supplier/product that performs best on the most important attribute. If two or more brands
tie on this attribute, they are evaluated on the second most important attribute. This process is
further complicated by the fact that different members of the decision-making unit have
different evaluation criteria.
11
CHAPTER-II
CONCEPTUAL FRAMEWORK
12
CHAPTER-II
CONCEPTUAL FRAMEWORK
Apple i-Phone :-
This was the most awaited phone in the Indian market. It is now here, but
not before it became famous throughout the rest of the world. Renowned for its chic design
and easy-to-use functions the iPhone has tremendous features such as its wide and clear
screen, iPod, internet capability with classic web browser, GPS mapping, and last but not
lease, a phone.
Apple iPhone is being offered in the USA for the
price of $199, so the awaiting buyers in India
expected the same price. Unfortunately, that is
13
not what happened. To grab hold of this hot item, you will have to shell out Rs.31,000 for the
8GB and Rs. 36,100 for the 16GB. If you want to pick up more than one, you may consider
flying overseas to make your purchase. Evenwith airfare included, you may just save a few
rupees!
14
German Vodafone web site. Images and specs of the first touch screen RIM-manufactured
device have been floating around the net for what seems like ages but it hasn’t yet been
officially announced. If all the rumored features are confirmed when the device actually sees
daylight then the Apple iPhone 3G might be up for quite a challenge. The specifications of
the BlackBerry Storm 9500 that are already known include a 3.3” touch screen with a
resolution of 360 x 480 pixels. The tri-band 3G with HSDPA and the quad-band GSM
support makes it capable of global roaming. The Storm 9500 is running on a 624 MHz CPU
and has 192 MB of RAM and utilizes a new version of the BlackBerry OS, optimized for
touch screen input.
15
stereo
headsets
makes
wireless
music
possible also.
Sony
Ericsson
XPERIA X1
This phone is based on the Windows Mobile 6.1 Operating System which means it has a full
suite of applications to offer to the user. The Sony Ericsson Xperia X1 is promoted by the
company as offering a convergence of communication features and entertainment features;
this convergence is exactly what people are seeking from a smart-phone in today’s highly
mobile world and allows this new lineup of phones
to compete in the global marketplace. What is really impressive about the Sony Ericsson
Xperia X1 is the fact that this phone excels in so many different areas. Some phones really do
well only as a niche phone but very few phones really meet all of the diverse needs of a
single user.
The Sony Ericsson Xperia X1 manages to achieve this rarely-met goal. It has great Internet
and communication services as well as a plethora of entertainment options. It has a built-in
16
camera and other great standard features expected of today’s advanced phones. And it really
stands out in the area of design. Combined together, these features make this mobile phone a
truly well-rounded cutting-edge phone intended for the smart-phone fan who wants to have it
all.
CHAPTER-III
REVIEW OF LITERATURE
17
CHAPTER-III
REVIEW OF LITERATURE
The researcher made an attempt to collect information from the prior researches and relevant
studies conducted in the area of consumer behavior and buying preference so that the
important variables for the study could be identified and analyzed. The review of literature
has been presented in a summarized and precise manner.
Consumer Behaviour by Hawkins, Best, Coney and Mokherjee: The authors of the book
discussed various factors affecting consumer behaviour for buying such as demographic and
social influences (family and household), group influence, impact of advertising and internal
influences (learning, perception, attitude etc.).
18
Consumer Behaviour by Leslie Lazar and Schiffman: The authors suggested consumer
behaviour as individual differs as from group. The family decision for a purchase decision is
entirely different from individual decision making. The authors discussed various variables
that affect consumer purchase decision. The book focused on family life cycle and various
needs of consumer during different life stages. The family decision making process as a
group decision making is elaborated and it is recommended to segment the market according
to family need hierarchy.
Consumer Behaviour by Bitta and Della: The authors proposed that consumer behaviour
studies play an important role in deciding marketing segments and marketing strategies. The
authors recommended that consumer is often studied because certain discussions are
significantly affected by their behaviour or expected actions. For this reason such consumer
behaviour is said to be an applied discipline. Such applications can exist at two levels of
analysis. Market segmentation, consumer decision making and buying behaviour is
considered as core marketing activities in designing effective marketing strategies.
The micro perspective involves understanding consumers for the purpose of helping a firm or
organisation to accomplish its objectives. On the other hand macro or societal perspective
consumers collectively influence economic and social conditions within an entire society.
The authors discussed factors affecting consumer behaviour at micro and macro level for
making a purchase decision.
Consumer Behavior by Karunik and Schiffman: The book highlights dynamic business
environment is turbulent as never before and the service industry as promising as never
before. In this era of intense competition companies understand the customer is the king in
the market and success depends a lot on the efficiency of the managers in delivering the
promised product or services. The responsibility lies on the organisations to develop a
culture, ethics, responsibility, value and quality services should be offered to achieve higher
level of customer satisfaction. Dynamic consumer behaviour is required to analyse various
factors affecting consumer purchase decision directly or indirectly.
19
Consumer Behaviour by Batra, S, K & Kazmi,: The book has described consumer
decision making process, buyers black box and importance of consumer behaviour studies
for marketers in order to understand what satisfy the ultimate consumer. The book described
vital characteristics of Indian consumer and competitive advantages in Indian context for the
marketers. The consumer decision process, buying roles and consumer black box are
discussed in detail. The various steps evolving consumer decision making are linked with the
life stages. Young buyers, women and children considered as uprising consumers groups as a
part of competitive market situations.
20
Services Marketing by Zeithaml and Bitner: The book emphasised on various ingredients
of services marketing such as consumer behaviour in services, services designs and
standards, delivering and performing service and managing service promises. The book
focused on various challenges and issues of service marketing, the GAPS model of service
quality and customer defined service standards. The book discussed service quality models
and service preference models in detail. The book also recommended uniformity in quality
standards should be implemented.
CHAPTER-IV
21
OBJECTIVES OF THE STUDY
CHAPTER-IV
22
To determine whether there is a significant difference between preferences for
features of smart phones on the basis of gender.
CHAPTER-V
23
RESEARCH METHODOLOGY
CHAPTER-V
Research Methodology
Research Design:
It is the plan, structure of investigation conceived so as to obtain answer to research question.
It is the specification of methods and procedures for acquiring the information needed.
It is concerned with:
24
Framework of the project
Stipulates what information is needed
The first step that undertakes in the report was the selection of research. The research design,
which was adopted for the study was descriptive in nature.
Descriptive research: They are well structured. It can be complex, a high degree of
scientific skill on the part of the demanding a high degree of scientific skill on the part of the
researcher. It can be taken in certain circumstances. When the researcher is interested in
knowing the characteristics of certain groups such as, gender, profession, a descriptive study
may be necessary.
In this I did descriptive research also because I want to know the consumer buying behaviour
and preferences towards smart phone.
Primary Data
The descriptive nature of research necessitated collection of primary data from smart phone
users through survey. Personal Interview method will be used and interview would be
conducted through structure questionnaire.
Secondary Data
Websites
RESEARCH INSTRUMENTS
SURVEY LIMITATIONS
25
▪ Time Constraint - Sampling was not a perfect representation, could have been larger.
▪ Survey Length - Questions, would’ve liked more to capture more critical data but there
were concerns about the impact on participation.
Research Instruments
Sample Plan:
A part of a population or a subset from a set of units which is provided by some process or
other.
PROBLEM RECOGNITION
LITERATURE REVIEW
26
FORMULATING
HYPOTHESIS
RESEARCH DESIGN
DATA COLLECTION
DATA ANALYSIS
REPORT WRITING
27
CHAPTER-VI
DATA ANALYSIS & INTERPRETATION
CHAPTER VI
Reasonforpurchase
N Valid 75
Missing 0
Mean 1.8800 28
Reasonforpurchase
Cumulative
Frequency Percent Valid Percent Percent
Valid Required for Work 27 36.0 36.0 36.0
Features 36 48.0 48.0 84.0
Status Symbol 6 8.0 8.0 92.0
Multitasking 6 8.0 8.0 100.0
Total 75 100.0 100.0
Reasonforpurchase
40
F re q u e n c y
30
20
10
0
Required for Work Features Status Symbol Multitasking
Reasonforpurchase
Interpretation:
48% of consumer said that the reason for purchase of a smart phone is its
features followed by its utility for work (36%).
Mostpreferredbrand
N Valid 75
Missing 0
Mean 2.3200
Mostpreferredbrand
29
Cumulative
Frequency Percent Valid Percent Percent
Valid Apple 31 41.3 41.3 41.3
Blackberry 8 10.7 10.7 52.0
HTC 17 22.7 22.7 74.7
Samsung 19 25.3 25.3 100.0
Total 75 100.0 100.0
Mostprefferedbrand
40
30
F re q u e n c y
20
10
0
Apple Blackberry HTC Samsung
Mostprefferedbrand
Interpretation:
Apple (41.3%) is the most preferred brand by consumers followed by Samsung
(25.3%) and HTC (22.7%).
Touch Screen
N Valid 75
Missing 0
Mean 3.4533
Touch Screen
30
Cumulative
Frequency Percent Valid Percent Percent
Valid Least Preferred 4 5.3 5.3 5.3
Somewhat Preferred 16 21.3 21.3 26.7
Neutral 12 16.0 16.0 42.7
Preferred 28 37.3 37.3 80.0
Most Preferred 15 20.0 20.0 100.0
Total 75 100.0 100.0
TouchScreen
30
F re q u e n c y
20
10
0
Least Preferred Somewhat Neutral Preferred Most Preferred
Preferred
TouchScreen
Interpretation:
37.3 % of consumer said that touch screen is preferred as a feature while 21.3%
of consumer prefers it somewhat.
2).Wi Fi
Statistics
Wifi
N Valid 75
Missing 0
Mean 3.5867
Wifi
Cumulative
Frequency Percent Valid Percent Percent
31
Valid Somewhat Preferred 17 22.7 22.7 22.7
Neutral 16 21.3 21.3 44.0
Preferred 23 30.7 30.7 74.7
Most Preferred 19 25.3 25.3 100.0
Total 75 100.0 100.0
Wifi
25
20
F re q u e n c y
15
10
0
Somewhat Preferred Neutral Preferred Most Preferred
Wifi
Interpretation:
30.7% of consumer preferred Wifi and 25.3% of consumer said it is most
preferred for them.
3).Apps:
Statistics
Apps
N Valid 75
Missing 0
Mean 3.5067
Apps
Cumulative
Frequency Percent Valid Percent Percent
Valid Least Preferred 19 25.3 25.3 25.3
32
Somewhat Preferred 1 1.3 1.3 26.7
Neutral 14 18.7 18.7 45.3
Preferred 5 6.7 6.7 52.0
Most Preferred 36 48.0 48.0 100.0
Total 75 100.0 100.0
Apps
40
30
F re q u e n c y
20
10
0
Least Preferred Somewhat Neutral Preferred Most Preferred
Preferred
Apps
Interpretation:
48% of consumers said that Apps is the most preferred feature for them.
4).G.P.S:
Statistics
GPS
N Valid 75
Missing 0
Mean 1.6133
GPS
Cumulative
Frequency Percent Valid Percent Percent
Valid Least Preferred 43 57.3 57.3 57.3
33
Somewhat Preferred 22 29.3 29.3 86.7
neutral 6 8.0 8.0 94.7
Preferred 4 5.3 5.3 100.0
Total 75 100.0 100.0
GPS
50
40
F re q u e n c y
30
20
10
0
Least Preferred Somewhat Preferred neutral Preferred
GPS
Interpretation:
57.3% of consumer said that they prefer the GPS technology the least in smart
phone and 29.3% of consumer prefer it somewhat.
Info Source
N Valid 75
Missing 0
Mean 2.6133
Info Source
34
Cumulative
Frequency Percent Valid Percent Percent
Valid In store Promo Display 11 14.7 14.7 14.7
Internet retailer/ review/
technology websites 27 36.0 36.0 50.7
InfoSource
30
F re q u e n c y
20
10
0
In store Promo Display Internet retailer/ review/ Television/ Newspaper Word of mouth
technology websites
InfoSource
Advice
N Valid 75
Missing 0
Mean 2.1467
Advice
Cumulative
Frequency Percent Valid Percent Percent
Valid Someone Tech Savvy 22 29.3 29.3 29.3
35
Someone Recently
Bought the same 28 37.3 37.3 66.7
Advice
30
F re q u e n c y
20
10
0
Someone Tech Savvy Someone Recently Someone already used Can't Say
Bought the same
Advice
Interpretation:
37.3 % of consumer said they had consulted with someone recently bought the
same while 29.3 % of consumer consulted with someone tech savvy.
(5). Future Purchase and Mode of Purchase of Smart phone
(a).Statistics
MethodOfBuying
N Valid 75
Missing 0
Mean 1.6800
MethodOfBuying
Cumulative
Frequency Percent Valid Percent Percent
36
Valid Search options with in
a particular brand 24 32.0 32.0 32.0
MethodOfBuying
60
50
40
Frequency
30
20
10
0
Search options with in a particular brand Go for different brand
MethodOfBuying
Interpretation: For future purchase 68% of consumers said they will go for
different brands and 32% search options within a particular brand.
Future Purchase
N Valid 75
Missing 0
Mean 2.3600
Future Purchase
Cumulative
Frequency Percent Valid Percent Percent
Valid Apple 29 38.7 38.7 38.7
37
Blackberry 10 13.3 13.3 52.0
HTC 16 21.3 21.3 73.3
Samsung 20 26.7 26.7 100.0
Total 75 100.0 100.0
FuturePurchase
30
F re q u e n c y
20
10
0
Apple Blackberry HTC Samsung
FuturePurchase
Interpretation:
For purchase of smart phone in future consumer are more interested in brands
like Apple followed by HTC and Samsung.
Effective advertising
N Valid 75
Missing 0
Mean 3.0800
Effective advertising
Cumulative
Frequency Percent Valid Percent Percent
Valid Television 16 21.3 21.3 21.3
Newspaper 7 9.3 9.3 30.7
38
Magazine 7 9.3 9.3 40.0
Internet Websites 45 60.0 60.0 100.0
Total 75 100.0 100.0
Effectiveadvertising
50
40
F re q u e n c y
30
20
10
0
Television Newspaper Magazine Internet Websites
Effectiveadvertising
Interpretation:
The most effective medium for advertisement as per consumers view is internet
websites (60%) followed by T.V (21%).
39
CHAPTER-VII
FINDINGS & SUGGESTIONS
CHAPTER-VII
FINDINGS:
On the basis of Analysis of available table following findings are drawn by the
researcher.
40
1. 48% of consumers said that Apps is the most preferred feature for them
2. 57.3% of consumer said that they prefer the GPS technology the least in smart phone.
3. 48% of consumer said that the reason for purchase of a smart phone is its features
followed by its utility for work
SUGGESIONS
On the basis of the findings following suggestions are given by the researcher.
2. As consumer wants more and more features so smart phone manufacturers should
increase the number of features.
3. As the consumer prefers word of mouth or consulting someone tech savvy, so smart
phone brands must maintain their good will and increase services.
41
CHAPTER-VIII
LIMITATIONS
LIMITATIONS:
Since questionnaire where used for collecting the primary data, so there are
chances that the given data may vary from the actual, which can lead to wrong
results.
42
Due to the limitation of time, there were some of the factors, which were not
considered in the study.
43
CHAPTER-IX
CONCLUSION
CONCLUSION:
Most preferred brand in smart phone market is Apple followed by Samsung and HTC.
44
Internet retailers / review / technology websites is an important source of information
to consumer.
Mostly consumer wants to opt for different smart phone brands instead of looking for
same brand. So consumer is not brand loyal in case of smart phone.
There is no difference between preferences for features of smart phones on the basis
of gender.
There is no association between gender and brand loyalty for Smart phone.
45
CHAPTER-X
REFERENCES
REFERENCES
BOOKS
46
Research Methodology : C.S.R. Kothari
Websites:-
1. www.blackberry.com
2. www.htc.com
3. www.apple.com
4. www.samsung.com
5. www.wikipedia.com
6. www.google.com
47
CHAPTER-XI
ANNEXURE
QUESTIONNAIRE
Name-______________________
Mobile-_____________________
Q1. Demographics:
48
Gender-_______
Age-____
Educational Level-_________
Profession-________________
Q4.Please tick as per your preference for feature you were looking while buying a smart
phone?
(1- Least Preferred & 5- Most Preferred)
Q5. (a).Where did you look for the information before purchasing a smart phone?
49
1). Search options with in a particular brand.
2).Go for different brand.
(b). If in case you will buy a smart phone in future you will go for which brand?
1). Apple. 2). Blackberry 3). HTC 4).Samsung 5).Cant say now.
Q7). Which type of advertising do you feel is most effective for smart phones?
1).Television.
2).Newspaper.
3).Magazine.
4).Internet websites.
50