Marketing Research---buying behaviour of nokia

download Marketing Research---buying behaviour of nokia

of 13

Transcript of Marketing Research---buying behaviour of nokia

  • 7/29/2019 Marketing Research---buying behaviour of nokia

    1/13

    ~ 1 ~

    Market Research on MOBILE HANDSET BUYING BEHAVIOR

    SUBMITTED TOWARDS PARTIAL FULFILMENT OF

    POST GRADUATE PROGRAM IN MANAGEMENT

    AT

    Submitted To: Submitted By:

    Mrs. Gita Agarwal Mam D.Narendra Kumar

    Debnath Ganguly

    G.Chakrapani

    Gourav SinhaSayantan Bhowmik

    Pallab Ghosh

    SEC-A

  • 7/29/2019 Marketing Research---buying behaviour of nokia

    2/13

    ~ 2 ~

    ACKNOWLEDGEMENT

    The pleasure that follows the successful completion of an assignment would remain incomplete

    without a word of gratitude for the people, without whose cooperation the achievement would

    have remained a distant dream. It is not a mere formality to place on record the tireless efforts,

    ceaseless cooperation, constant guidance and encouragement of the people closely associated

    with the assignment but a distinct necessity for the authenticity and credibility of the project.

    First of all I present my sincere thanks to Mrs. Gita Agarwalwho guide

    and encouraged us throughout our summer internship program in the project Market Research

    on Mobile Handset Buying Behavior.

    The following students are the members in marketing research survey

    1. 2.

    3. 4.

    5. 6.

    Thanking You

  • 7/29/2019 Marketing Research---buying behaviour of nokia

    3/13

    ~ 3 ~

    INDEX

    SL.

    NO.

    CONTENTS PAGE NO.

    1 Acknowledgement 2

    2 Objectives 4

    3 Research 5

    4 Executive Summary 5

    5 Sample Questionnaire 6

    6 Research Analysis 9

    7 Behavior Of The Customer 11

    8 Conclusion 12

  • 7/29/2019 Marketing Research---buying behaviour of nokia

    4/13

    ~ 4 ~

    OBJECTIVES

    To understand Mobile handset market. To ascertain the attributes which influenced the customers in selecting a particular

    mobile phone.

    To study the consumers satisfaction towards different mobile phone brands. To get information regarding new features consumers want in their handsets. To know the feeling of consumers towards their mobiles.

    EXECUTIVE SUMMARY

    We got exposure to the market of Mobile Phones and behavior of customers while purchasing

    Mobile Phones. Marketing being my area of interest for the summer project, I had chosen

    Market Research on Mobile Handset Buying Behavioras the topic of project with the

    advice of my industry guide.

    As company (nokia) is increasing its market share, so it is adopting new marketing strategies

    and for that need is to understand customers behavior while purchasing the product and their

    thinking about the product to make the brand successful.

  • 7/29/2019 Marketing Research---buying behaviour of nokia

    5/13

    ~ 5 ~

    RESEARCH

    SAMPLING DESIGN

    In this project simple random sampling is used which says the probability of being selected is

    known and equal for all members of the population.

    Blind Draw Method

    Various places in SOUTH EXTENSION were visited and respondents were randomly chosen

    from the mob.

    SOURCES OF DATA

    The data, which is collected for the purpose of study, is divided into

    Primary Source: The primary data comprises information survey of Factors affecting the

    choice of handset.

    DATA COLLECTION METHODS

    Survey Method was used to collect data. Questionnaires were distributed to the respondents.

    Survey was conducted in South Delhi. Respondents consist of 100 customers from the mob.

    SURVEY

    METHOD

    PERSONAL

  • 7/29/2019 Marketing Research---buying behaviour of nokia

    6/13

    ~ 6 ~

    SAMPLE QUESTIONNAIRE

    SURVEY ON MOBILE HANDSET BUYING BEHAVIOR

    1) Do you have a Mobile Phone?Yes ( ) No ( )

    2) Which brand of Mobile Phone do you have?Spice ( ) Nokia ( ) Samsung ( ) LG ( ) Sony ( ) Reliance ( )

    Motorola ( ) TATA ( ) Micromax ( ) Blackberry ( ) Others ( )

    3) How frequently do you buy a Mobile Phone?Every 3 months( ) Every 6 months( ) Every 1 year( )

    Every 2 years( ) Hard to say( )

    4) Rate the following Mobile Phone purchase motivatorsExtremely

    Important

    Important Somewhat

    Important

    Unimportant Extremely

    Unimportant

    PRICE

    BRAND

    SIZE

    WEIGHT

    TOUCH

    SCREEN

  • 7/29/2019 Marketing Research---buying behaviour of nokia

    7/13

    ~ 7 ~

    KEYPAD

    MMS

    CAMERA

    BLUETOOTH

    WEBPHONE

    VOICE

    CLARITY

    MP3 PLAYER

    RADIO

    BATTERY

    BACKUP

    AFTER SALES

    SERVICE

    WARRANTY

    5) What new features would you like to have in your Mobile Phone?.

    6) Which type of Mobile do you prefer?Bar( ) Flap( ) Slider( )

    7) Which color of Mobile do you prefer?Black( ) White( ) Silver( ) Gray( ) Others( )

    Specify if Others .

    8) What is the source of information while purchasing Mobile Phones?Friends ( ) T.V. ( ) Newspaper ( ) Radio ( ) Magazine ( )

  • 7/29/2019 Marketing Research---buying behaviour of nokia

    8/13

    ~ 8 ~

    Internet ( ) Mobile Phone Retailers ( ) Others ( )

    If others, Please specify .

    9) How do you take Purchase Decision of your Mobile phone?Self Decision ( ) Friends ( ) Family ( )

    Mobile Phone Retailer ( ) Others ( )

    10)Would you recommend your Mobile Phone Brand to your Friends?Yes ( ) No ( )

    11)AgeBelow 20 years ( ) 20 to 30 years ( ) 30 to 40 years ( )

    40 to 50years ( ) Over 50years ( )

    12)SexMale ( ) Female ( )

    13)OccupationService ( ) Business ( ) Profession ( )

    Student ( ) Homemaker ( ) Others ( )

    14)Family Income

    Upto 20,000( ) 20,000 to 40,000( )

    40,000 to 60,000( ) Above 60,000( )

    15)How will you feel if you lose your mobile?.

    THANK YOU FOR GIVING YOUR PRECIOUS TIME

  • 7/29/2019 Marketing Research---buying behaviour of nokia

    9/13

    ~ 9 ~

    RESEARCH ANALYSIS

    1.Market share of companys

    2. DETAILS OF THE RESPONDENTS

    59%17%

    9%

    1%2%

    1%3% 2%

    3% 3%

    Market ShareNokia Samsung LG Blackberry Reliance

    TATA Micromax Spice Motorola Sony

    70%

    30%

    Respond DetailsMale Female

  • 7/29/2019 Marketing Research---buying behaviour of nokia

    10/13

    ~ 10 ~

    3. Age of the person

    4. Occupation of the people

    5. Income levels (family per month)

    13

    57

    1710

    3

    less than 20 20 to 30 30 to 40 40 to 50 more than 50

    Frequency

    Frequency

    47

    31

    124 5 1

    Service Student Business Homemaker Profession Others

    Frequency

    Frequency

    15

    24 25

    36

    upto 20000 20000 to 40000 40000 to 60000 above 60000

    Frequency

    Frequency

  • 7/29/2019 Marketing Research---buying behaviour of nokia

    11/13

    ~ 11 ~

    BEHAVIOR OF THE CUSTOMER

    1. purchasing intervals

    Analysis:

    Most of the Consumers dont buy mobile handsets upto two years of the purchase. This shows

    they purchase mobiles when their old ones dont work properly.

    2.

    Source of Information that you will get to purchase mobile.

    710

    24

    13

    46

    3months 6months 1year 2year hard to say

    Purchase Interval

    37

    11

    13

    19

    29

    Friends T.V. Newspaper Magazine Internet Retailer

    Source of Information

    Source of Information

  • 7/29/2019 Marketing Research---buying behaviour of nokia

    12/13

    ~ 12 ~

    Conclusion:

    Before purchasing handsets, 37%consumers take information from their friends or retailers

    which tells that the experience of other consumers would matter for the brand. So, brand should

    provide what is promised and moreover after sales service would matter.

    Then comes the target 29% which obtain information from retailers. So, for getting this part of

    consumers as companys consumers, retailers should be lured with incentives and more and more

    schemes to sell companys brand.

    Next 19% get information from internet and to attract them advertisements on other most visited

    sites should be done.

    One way to be in the eye of internet dependants is to give ads in forms of Popup.

    3. Purchasing decision that you will prefer.

    Conclusion:

    Today consumer is smart enough to take final purchase decision. So, all the information about

    the handset given before to the consumer should be true. Otherwise, he will lose faith and as

    friends are the source of information before purchasing mobiles, brand image will be lowered.

    60

    10

    24

    6

    Self decision Friends Family Retailer

    Purchase Decision

    Purchase Decision

  • 7/29/2019 Marketing Research---buying behaviour of nokia

    13/13

    ~ 13 ~

    CONCLUSION

    As from the survey analysis we conducted for 100 people in South Extension, we came to conclusion

    that the buying behavior of the customers for Nokia mobile handset is very high. It also depends on the

    number of factors such as age(20-30 yrs),occupation(service) and income levels(60k pm).