Post Purchase Behavior

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Give your opinion regarding the following statements about CBZ X-treme Bike. 1-Strongly Disagree (SD), 2-Disagree (D), 3-Neutral (N), 4-Agree (A), 5-Strongly Agree (SA) 4.1 I will recommend Close friends / Relatives to purchase the CBZ X-treme Bike. Purpose: To know how many customers after using CBZ X-treme bike recommend their close friends and relatives to purchase this Bike. Graph-1

Transcript of Post Purchase Behavior

Page 1: Post Purchase Behavior

Give your opinion regarding the following statements about CBZ X-treme Bike. 1-Strongly Disagree (SD), 2-Disagree (D), 3-Neutral (N), 4-Agree (A), 5-Strongly Agree (SA)4.1 I will recommend Close friends / Relatives to purchase the CBZ X-treme Bike.Purpose:To know how many customers after using CBZ X-treme bike recommend their close friends and relatives to purchase this Bike.

Graph-1

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Inference:Out of 150 customers, it is found that after using Hero Honda CBZ X-treme bike 2[1.33%] customers are strongly disagree for recommend our close friends/relatives to purchase this bike, 21[14%] customers are disagree for recommend our close friends/relatives to purchase this bike, 40[26.67%] customers are neutral for recommend our close friends/relatives to purchase this bike,76[50.67] customers are agree for recommend our close friends/relatives to purchase this bike and 11[7.33%] customers are strongly agree for recommend our close friends/relatives to purchase this bike. It means more than 50% customers are agree for recommend our close friends/relatives to purchase this bike.

Strongly Disagree

Disagree Neutral Agree Strongly Agree

Give Recommendation

0

20

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80

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21

40

76

11

Give Recommendation

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One Sample t-Test :Null Hypothesis (Ho): There is no significant difference between the calculated sample mean (3.49) and hypothesized population means (4.00). In other words, we hypothesized that customers are agree that they will recommend close friends/relatives to purchase the CBZ X-treme bike.Ho: x = µAlternative Hypothesis (H1): There is significant difference between calculated sample mean (3.49) and hypothesized population means (4.00). In other words, customers are not agree to recommend close friends/relatives to purchase the CBZ X-treme bike.H1: x ≠ µStatistical Test: One sample t-test is chosen because the measurement of data is interval in nature.Significance level: 0.05 Table-7 One-Sample Statistics

N MeanStd.

Deviation Std. Error MeanGive

Recommendation 150 3.49 .873 .071Table-8 One-Sample Test

Test Value = 4

T dfSig. (2-tailed)

Mean Differen

ce

95% Confidence Interval of the

DifferenceLower Upper

Give Recommendation

-7.204 149 .000 -.513 -.65 -.37

Inference:The test performed at 95%, significance value (2-tailed) comes out as 0.000 means here null hypothesis is rejected and alternative hypothesis is accepted. Hence, there is significant difference between calculated mean

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and hypothesis mean therefore it is clean that customers are not agree to recommend close friends/relatives to purchase the CBZ X-treme bike from the test. It is clean that tcal value is -7.204 which indicate that customers’ responses are between neutral and agree. 4.2 I feel I have made the best use of my money by purchasing the CBZ X-treme Bike.Purpose:To know how many customers after using Hero Honda CBZ X-treme bike feel that I have made the best use of my money by purchasing this Bike. Graph-2

Strongly Disagree

Disagree Neutral Agree Strongly Agree

Best use of my money

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62

2423

37

Best use of my money

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Inference:Out of 150 customers, it is found that after using Hero Honda CBZ X-treme bike 4[2.67%] customers are strongly disagree, 23[15.33%] customers are disagree, 37[24.67%] customers are neutral, 62[41.33%] customers are agree and 24[16%] customers are strongly agree with the statement that is purchasing Hero Honda CBZ X-treme is the best use of my money. It means more than 50% customers are agree with the statement that is purchasing Hero Honda CBZ X-treme is the best use of my money.

One Sample t-Test :Null Hypothesis (Ho): There is no significant difference between the calculated sample mean (3.53) and hypothesized population means (4.00). In other words, we hypothesized that customers are agree with the statement that I feel I have made the best use of my money by purchasing the CBZ X-treme Bike.Ho: x = µAlternative Hypothesis (H1): There is significant difference between calculated mean (3.53) and hypothesized population means (4.00). In other words, customers are not agree with the statement that I feel I have made the best use of my money by purchasing the CBZ X-treme Bike.H1: x ≠ µStatistical Test: One sample t-test is chosen because the measurement of data is interval in nature.Significance level: 0.05

Table-9 One-Sample Statistics N Mean Std. Deviation Std. Error MeanBest use of my money 150 3.53 1.021 .083

Table-10 One-Sample Test

Test Value = 4

t Df Sig. (2- Mean 95% Confidence

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tailed)Differen

ce

Interval of the Difference

Lower UpperBest use of my money -5.677 149 .000 -.473 -.64 -.31Inference:The test performed at 95%, significance value (2-tailed) comes out as 0.000 means here null hypothesis is rejected and alternative hypothesis is accepted. Hence, there is significant difference between calculated mean and hypothesis mean therefore it is clean that customers are not agree with the statement that I feel I have made the best use of my money by purchasing the CBZ X-treme bike. It is clean that tcal value is -5.677 which indicate that customers’ responses are between neutral and agree. 4.3 I would like to continue to be the proud owner of CBZ X-treme bike.Purpose:

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To know how many customers after using Hero Honda CBZ X-treme bike think that I would like to continue to be the proud owner of this Bike.

Inference:Out of 150 customers, it is found that after using Hero Honda CBZ X-treme bike 1[0.67%] customer is strongly disagree, 11[7.33%] customers are disagree, 26[17.33%] customers are neutral, 63[42%] customers are agree and 49[32.67%] customers are strongly agree with the statement that I would like to continue to be the proud owner of this bike. It means more than 50% customers agree with the statement that I would like to continue to be the proud owner of this bike.

One Sample t-Test :

Strongly Disagree

Disagree Neutral Agree Strongly Agree

Continue to be Proud Owner

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1

11

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63

49

Graph-3

Continue to be Proud Owner

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Null Hypothesis (Ho): There is no significant difference between the calculated sample mean (3.99) and hypothesized population means (4.00). In other words, we hypothesized that customers are agree with the statement that I would like to continue to be the proud owner of Hero Honda CBZ x-treme bike.Ho: x = µAlternative Hypothesis (H1): There is significant difference between calculated mean (3.987) and hypothesized population means (4.00). In other words, customers are not agree with the statement that I would like to continue to be the proud owner of this bike.H1: x ≠ µStatistical Test: One sample t-test is chosen because the measurement of data is interval in nature.Significance level: 0.05

Table-11 One-Sample Statistics

N MeanStd.

Deviation

Std. Error Mean

Continue to be Proud Owner 150 3.987 .9268 .0757

Table-12 One-Sample Test

Test Value = 4

t DfSig. (2-tailed)

Mean Differenc

e

95% Confidence Interval of the

DifferenceLower Upper

Continue to be Proud Owner

-.176 149 .860 -.0133 -.163 .136

Inference:

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The test performed at 95%, significance value (2-tailed) comes out as 0.860 means here null hypothesis is accepted and alternative hypothesis is rejected. Hence, there is no significant difference between calculated mean and hypothesis mean therefore it is clean that customers are agree with the statement that I would like to continue to be the proud owner of Hero Honda CBZ X-treme bike. It is clean that tcal value is -.176 which indicate that customers’ responses are near the agree.