Professional Documents
Culture Documents
This project seeks to identify and analyze the key factors that
influencebrand preference. It focuses on understanding the primary
drivers of brand preference across different product categories and
consumer demographics. Additionally, it delves into the roles of
emotional engagement, brand loyalty, and perceived value in
shaping consumer perceptions and behaviours.Furthermore, the
project investigates howmarketing strategies, brand positioning, and
communication channels impact brand preference and customer 1
loyalty. Lastly, it aims to examine emerging trends in brand
marketing and innovation to provide valuable insights for
businesses navigating competitive markets.
Brand : A brand is much more than just a logo or a name; it's the
essence of a product, service, or organization in the minds of
consumers. It encapsulates the entirety of their experiences,
emotions, and perceptions associated with it. From tangible
elements like logosand packaging to intangible aspects such as
values and reputation, a brand represents the unique identity and
personality of what it represents. Effective branding sets a product
or company apart from competitors by communicating distinct
value propositions and benefits, fostering trust, loyalty, and
emotional connections with consumers. Strong brands inspire
confidence, evoke positive emotions, and cultivate customer
loyalty, ultimately providingbusinesses with a competitive edge in
the marketplace. Building and nurturing a brand requires strategic
planning, consistent messaging, and a deep understanding of
consumer preferences and behaviours. In summary, a brand is the
foundation upon which relationships between businesses and
consumers are built, shaping perceptions, driving purchasing
decisions, and ultimately contributing.
Erdem and Swait (1998): Erdem and Swait's study focused on the
impact of brand image and reputation on consumer preferences.
Their research findings revealed that brands perceived as
trustworthy and reliable enjoy greater preference among
consumers. By establishing positive brand images and reputations,
companies can influence consumer perceptions and preferences,
thereby gaining a competitiveedge in the marketplace. This study
emphasized the importance of managing brand perceptions and
reputations to drive brandpreference and market share.
6
Ailawadi et al. (2003): Ailawadi et al.'s research examined the role
of brand positioning in shaping consumer perceptions and
preferences. Through extensive market analysis and consumer
surveys, they found that brands that effectively differentiate
themselves from competitorsenjoy higher levels of preference and
market share. This study highlighted the importance of strategic
brand positioning in establishing a unique value proposition and
resonating with target consumers' needs and preferences.
7
"The Psychology Behind Brand Loyalty" by HarvardBusiness
Review: This article delves into the psychological factors that drive
brand loyalty among consumers. It explores concepts such as
cognitive biases, habit formation, and emotional attachment in
shaping consumer preferences for certain brands. The article also
discusses strategies that businesses can employ to build and
maintain strong brand loyalty, including personalized marketing
approaches and loyalty programs.
8
Chapter-3
METHODOLOGY
1. Survey Instrument:
I. Questionnaire Design:
Develop a comprehensive questionnaire that covers all
relevantaspects of brand preference and its drivers based on
the objectives of the study.
Ensure clarity, relevance, and appropriateness of questions to
elicit meaningful responses from participants.
Include both closed-ended and open-ended questions to gather
quantitative and qualitative data.
Pilot test the questionnaire with a small sample to identify any
ambiguities, inconsistencies, or issues that need rectification.
II. Pilot Survey:
Conduct a pilot survey with a small sample size to test the
effectiveness of the questionnaire.
o Gather feedback from participants regarding the clarity,
relevance, and comprehensiveness of the questionnaire.
o Identify and address any issues or concerns raised
duringthe pilot survey to refine the questionnaire for the
main survey.
2. Data Collection: After rectifying any issues identified during the
pilot survey, proceed with the main data collection phase.
Utilize online platforms such as Google Forms for
conductingsurveys via email and offline methods such as paper-
based surveys for in-person data collection.
Ensure that participants understand the purpose of the study and
provide informed consent before participating in the survey.
Implement measures to ensure data confidentiality and
anonymity to encourage honest responses from participants.
Participants were chosen based on their availability and
willingnessto participate in the survey. This sampling method
may introduce some bias, as individuals who voluntarily
participate may differ fromthe general population. The sample
may not be fully representative of the target population, and
results may not be generalizable to broader contexts.
9
3. Data Analysis:
I. Data Sorting and Validation:
After collecting the survey responses, organize the
datasystematically for analysis.
Verify the completeness and accuracy of the collected
datato ensure its reliability and validity.
Conduct data validation checks to identify and rectify
anyerrors, inconsistencies, or outliers in the dataset.
II. Descriptive Analysis:
Perform descriptive analysis to summarize and describe
thekey characteristics of the dataset.
Calculate descriptive statistics such as mean, median,
mode,standard deviation, and frequency distributions to
gain insights into the central tendency and variability of
the data.
Visualize the data using charts, graphs, and tables
tofacilitate interpretation and presentation of
findings.
III. Inferential Analysis:
Conduct inferential analysis to examine the relationships
and associations between different variables in the
dataset.
Utilize statistical techniques such as Chi-Square test to
testhypotheses and draw conclusions about the
underlying population.
Interpret the results of the Chi-Square test to identify
anysignificant findings and their implications for the
study.
• Hypothesis Testing: Hypothesis testing was performed to
assess the significance of relationships between various
factors such as brand experience, easy availability of
brands, consumer price perception, advertisement
influence, and brand preference across different product
categories. Null hypotheses were formulated and tested
using Chi-Squaretests, comparing observed and expected
frequencies.
Z-test for Proportion:
Perform Z- test to analyse the difference between the
proportions of male and female who exhibit brand loyalty.
Chi-Square Test:
Specifically, perform a Chi-Square test to analyze 10
Categorical data and check there is assoisation between
them.
Use the chi-square test to assess the association between
brand preference and various variables such as Brand
Preference, Experience, Price Perception and
Advertisement etc.
IV. Interpretation of Results: The interpretation of results
involves synthesizing findings from the data analysis and
drawing meaningful conclusions. It's essential to
contextualize the results within existing literature and
theoretical frameworks, considering implications for
theory, practice, and future research.
V. Limitations:The limitations of the study, including
sample size, sampling technique, measurement errors, and
potentialbiases, were acknowledged to ensure the validity
and reliability of the findings.
11
Chapter - 4
1. Descriptive Analysis
1. Univariate Analysis
41%
59%
Male Female
12
Table 1.1.2: Marital Status
Marital Status
Unmarried
35%
Married
65%
13
Table 1.1.3: Respondent’s Profession
Male 14 68 28 8
Female 8 63 5 6
Profession
Other Student
7% 12%
Merchant
24%
Salaried
57%
Fig.1.1.3 Profession
14
Table 1.1.4: Customers Perception On Brand Meaning
120
100
80
60
46
40
20 12
8
4
0
High Quality Better Communication Competetive Pricing Good Value other
10%
People who have used
BrandedProdcuts
People who have not used
BrandedProdcuts
90%
OTHER 14
GROCERY 24
PERSONAL CARE 60
CLOTHES 96
17
Table 1.1.7 Factors attracting purchase of branded products
Number of
FACTOR
Respondents
Brand Name 100
Price Range 30
Product Design 18
Quality 50
120
100
80
60
40
20
0
Brand Name Price Range Product Design Quality
Factor
The data shows that the most influential factor among respondents
is Brand Name, with 100 individuals considering it. Quality follows
closely behind, with 50 respondents prioritizing it. Price Range is a
consideration for 30 respondents, while Product Design appears
to be less influential, with only 18 respondents valuing it. Overall,
18
Brand reputation and quality seem to bethe primary drivers
of purchasing decisions among the respondents.
FACTOR Number of
Respondent
Advertisement 88
Attractive packaging 22
Family or Friends 74
Other 16
80 74
70
60
Number of Respondents
50
40
30
22
20 16
10
0
Advertisement Attractive packaging Family or Friends Other
Factor
19
Factor Influencing Purchase of Branded Products
8%
Advertisement
44% Attractive packaging
37% Family or Friends
Other
11%
Fig.1.1.8.1
20
Table 1.1.9 Comparison of Branded and Unbranded
Products: Consumer Perception
Response Number of
Respondents
Yes 36
Sometimes 55
Depends on Article 68
Never 41
60
Number of Respondents
50
40
30
20
10
0
YES
DE P E ND S O N
Response
Number of
Response
Respondents
Yes 114
No 28
Up to a certain limit increase 58
Yes
75%
22
Loyalty to Brand Despite Price Increase
29%
Yes
No
57% Upto a certain limit increase
14%
23
Table 1.1.11 Brand Loyalty and Price Sensitivity
32%
54%
14%
Yes No May be
24
decision may depend on various factors such as the magnitude
of the price discount, perceived value, or brand reputation.
Table 1.1.12 Effect of Country of Origin on Brand Preference
by consumers
Response Number of
Respondents
Yes 96
No 52
Depends on article 52
NUMBER OF RESPONDENTS
Depends on article
Yes
No
Never
Everytime
Depends
Delay
29 28 27
30 21
20 13
10
10
0
Male Female
27
highlighting differences in the distribution of age groups between
male and female respondents.
Strongly Strongly
Statement Agree Agree Neutral Disagree Disagree
Branded products
meet your
requirements better 20 30 30 9 7
than unbranded
products.
Branded products are
easily available in 22 38 25 7 4
your nearby market.
Advertisement
efforts contribute to
shape brand 25 40 18 7 6
preference.
Price of branded
product is a good
indicator of its 5 14 15 37 25
quality.
Brands make a
strong impression on 17 17 25 20 17
your visual sense.
28
Respondents' Preferences for Branded Products in
Clothes
17
20
Brands make a strong impression on your visualsense 25
17
17
25
37
Price of branded product is a good indicator of its quality. 15
14
5
6
7
Advertising efforts contribute to shape brand preference 18
40
25
4
7
Branded products are easily available in your nearby
market. 25
38
22
7
9
Branded products meet your requirements better than
30
unbranded products.
30
20
0 5 10 15 20 25 30 35 40 45
Strongly Strongly
Statement Agree Agree Neutral Disagree Disagree
Advertisement efforts
influence Brand
60 40 30 5 9
Preference.
30
Respondents' Preferences for Branded Products in Electronics and
Mobile
35
50
Brands reflect your personality 26
21
12
5
72
Brands offer value for money products 28
17
22
9
5
Advertising efforts influence your Brand Preference. 30
40
60
17
15
Brands have better communication strategy. 26
52
34
10
Brands are more actionoriented and focused on sensory 24
appeal. 30
23
57
0 10 20 30 40 50 60 70 80
31
whether brands reflect one's personality, indicating varied
perceptions among respondents in this regard.
Strongly Strongly
Statement Agree Neutral Disagree
Agree Disagree
32
Respondents' Preferences for Branded Products in
Personal Care
13
12
Brands reflect your personality 7
16
12
6
8
Brands offer value for money products 21
16
9
8
Advertising efforts influence your Brand Preference brand 18
preference 15
12
7
7
3
Brands have bettercommunication strategy. 5
14
31
3
Brands are more actionoriented and focused on sensory 2
appeal. 5
15
35
0 5 10 15 20 25 30 35 40
33
Chapter-5
INFERENTIAL ANALYSIS
35
Chi Square Test :
36
BRAND BRAND
PREFERENCE IN EXPERIENCE
DIFFERENT
CATEGORIES Agree Neutral Disagre
e
CLOTHES 57.6 20.8 17.6
ELECTRONICS AND
86.4 34.2 26.4
MOBILE
PERSONAL CARE 36 13 11
Now,
X2Calculated
= 21.56
Degree of Freedom = 4
p-value = 0.00024
The critical value from the chi-square distribution table
for X2 at degree of freedom 4 a significance level of 0.05
is approximately 9.488.
We compare X2Calculated with critical value at .05
significance level. Since X2Calculated > X2Tabulated or p-Value
< Level of significance so we have sufficient evidence to
reject null hypothesis. Therefore Null Hypothesis is
rejected.
37
Table 5.2 Effect of Easy Availability of Brands on
Preferring Brands in Different Categories
EASY AVAILABILITY
CATEGORIES
Agree Neutral Disagree
CLOTHES 60 25 1
ELECTRONICS AND
86 26 32
MOBILE
PERSONAL CARE 45 5 10
38
Expected Frequencies :
(𝑂𝑖 − 𝐸𝑖)2
𝑋2 =
𝐶 ∑
𝐸𝑖
Where,
X2 = Chi Squared Test Statistic
Oi = Observed Frequencies
Ei = Expected Frequencies
Now ,
X2 Calculated = 12.54
Degree of Freedom = 4
p-value = 0.014
39
Table 5.3 Effect of Consumer Price Perception on
Preferring Brands in Different Categories
PRICE PERCEPTION
CATEGORIES
Agree Neutral Disagree
CLOTHES 32 31 41
ELECTRONICS AND
42 31 71
MOBILE
PERSONAL CARE 25 21 14
40
Expected Frequencies :
(𝑂𝑖 − 𝐸𝑖)2
𝑋2 =
𝐶 ∑
𝐸𝑖
Where,
X2 = Chi Squared Test Statistic
Oi = Observed Frequencies
Ei = Expected Frequencies
Now ,
X2 Calculated = 6.7255
Degree of Freedom = 4
p-value = 0.1511
CLOTHES 65 18 13
ELECTRONICS AND
100 30 14
MOBILE
PERSONAL CARE 18 15 27
42
Expected Frequencies :
Now ,
2
X C alculated = 43.376
Degree of Freedom = 4
p-value = 8.64e-09
43
Chapter-6
RESULTS
46
Chapter-7
DISCUSSION
The analysis indicates a significant difference in the proportion
of respondents exhibiting brand loyalty between males and
females (p < 0.05), rejecting the null hypothesis that there is no
difference. However, there was insufficient evidence to
conclude that the proportion of respondents exhibiting brand
loyalty differs between males and females, or that it is lower
among males compared to females (p > 0.05), failing to reject
the null hypothesis of equal or lower loyalty among males.
47
The analysis aied to investigate the relationship between the
easy avilability of brands and their preference across different
products categories.The chi square test result indicates
significant assosiation between there variables witha calculated
chi square value of 12.54 and a p-value of 0.014, we compared
this against the critical value from the chi- square distribution
table at a significance level of 0.05, which was 9.488. Since the
calculated chi-square value exceeded the critical value, or
alternatively, since the p-value was less than the significance
level, we have substantial evidence to reject the null hypothesis.
This indicates that there is indeed a significant relationship
between the easy availability of brands and their preference
across different product categories. When a product or service is
easy to find and get, people like the brand more. It makes things
convenient for customers, making them happier and more likely
to stickwith that brand. On the other hand, if something is hard
to find, it might annoy customers and push them to choose
something more accessible. So, being easy to get is a big factor
in making people prefer a brand.
49
Chapter-8
CONCLUSION
51
Chapter-9
LIMITATIONS
52
IMPORTANT TERMS –
55
Chapter-11
APPENDICES
-:Questionnaire:-
Dear Respondent!
The information is used for study purpose only. The purpose of this survey is to explore BRANDING
EFFECT ON CONSUMER PREFERENCE.
Your response to this survey is crucial in providing the necessary information to us . The survey collects no
identifying information of any respondent. All the response in this survey will remain confidential.
Section (B).
8. What do you mean by a Brand ?
1. High Quality 2. Good value added service
3. Strongly 4. Never
YES NO
56
11 What attributes attract you to buy branded products ? (Rank from 1-4)
Brand name
Price range
Product design
Quality
Other
12 What influence you to buy branded products ?
15 Will you stick on to buy the same brand’s product if it’s price increase
16 Will you like to switch your brand preference if another brand offers a significant price
Yes No May be
18 Is there any delay between your purchase decision and actual purchase ?
1. Rarely 2. Depends
3. Everytime 4. Never
a. Financial constraints
d. Other.
57
19. The following statements describe your preference for branded products. Please mark the
number that best reflect in your opinion -
20.1 Clothes
58