CB presentation project shoes

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CONSUMER BEHAVIOUR (SHOES) Deepak Yadav Suprateek Gulia

Transcript of CB presentation project shoes

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CONSUMER BEHAVIOUR (SHOES)Deepak YadavSuprateek Gulia

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OBJECTIVE Consumer Perception of sports Shoe Brands Buying decision making Factors influencing the Behaviour

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METHODOLOGY Primary Data• Online Survey : 261 responses (52% female, 48% male)

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PRIMARY DATA RESULTS https://docs.google.com/a/iimsirmaur.ac.in/forms/d/

1VaCMdTLsXPPeWLCKqLuvpH0RdU6OAMHBovXOieBxJLE/edit?ts=584631c2#responses

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ASSAEL’S CLASSIFICATION OF BUYING BEHAVIOUR

Complex buying behaviour Variety seeking behaviour

Dissonance reducing behaviourEg: Sports shoes (Brand loyalty)

Habitual buying behaviour

High Involvement Low Involvement

SignificantDifference b/w brands

Few differences b/w Brands

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PERCEPTUAL MAPPING Sports shoes on the following dimensions: Looks and comfort Price and quality Single dimension brand perception comparison of Nike, Puma , Adidas and

Reebok Comfort and look brand perception

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looks

comfort

• shoes

Price

quality

• shoes

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Comfort

looks

• NIKE

• Adidas• Puma

• Reebok

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HOW DO THE CONSUMERS DECIDE? Lexicographic Decision rule:

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INFERENCE

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THE PECULIAR CASE OF ADIDAS AND REEBOK Compromise Effect : Reebok helps build up the perception of Adidas if we

consider it as a decoy

Nike

Adidas

Reebok

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NEED AROUSAL

CONSUMER INFORMATION PROCESSING

BRANDEVALUATIONPURCHASE

POSTPURCHASE EVALUATION

A Basic Model of Complex Decision Making

COMPLEX DECISION MAKING

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INSIGHTS High involvement Cosumers use Lexicograhic rule Offline purchase still the preferred mode Advertisements have little effect Trying is believing Purchase cycle is 6-12 months primarily

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THANK YOU