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CONSUMER BEHAVIOR
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INTRODUCTION
• To examine the buying behavior patterns of customers related to personal
care/beauty care products.
• To compare the similarities and differences in the buying behavior between
people of different demographics.
• This research also tries to find out how important are the following factors in a
consumer’s buying decision: Cultural factors, Social factors, Personal factors,
Age, Gender, Occupation and income etc.
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CASE 1
Data Analysis And t-Test: Two-Sample Assuming Equal Variances
Result: How interested are you in personal care products/beauty care
α = 0.05 products?
Ho: µf = µm Females Males
H1: µf ≠ µm Mean 4.507042254 3.93220339
Variance 0.539235412 1.064289889
P(0.0003)<α(0.05), Observations 71 59
hence, Ho is rejected Pooled Variance 0.777150722
and H1 is accepted
Hypothesized Mean Difference 0
There is a significant df 128
difference between t Stat 3.701493566
females and males P(T<=t) one-tail 0.000158606
when it comes to the t Critical one-tail 1.656845226
interest in Personal
P(T<=t) two-tail 0.000317213
care/beauty care products.
t Critical two-tail 1.97867085 5
CASE 1: INTERPRETATION
The output shows that the males are very less interested in personal care
products as compared to females. This may be due to less range of products
which cater specially to males and wide range of products and variety available
for females.
This result is generalizable since the ratio of women and men is well matched.
Data is not skewed.
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CASE 2
Data Analysis And t-Test: Two-Sample Assuming Equal Variances
Result: How important are the following in your buying decisions?
[Features]
α = 0.05
Ho: µf = µm Females males
H1: µf ≠ µm Mean 4.366197183 3.830508475
P(0.0025)<α(0.05), Variance 0.863983903 1.108708358
hence, Ho is rejected
and H1 is accepted Observations 71 59
Pooled Variance 0.974874672
There is a significant Hypothesized Mean Difference 0
difference between
females and males when df 128
it comes to the t Stat 3.079793533
importance of features of
a beauty care/ personal P(T<=t) one-tail 0.00126783
care product for buying t Critical one-tail 1.656845226
decision. P(T<=t) two-tail 0.002535659 7
This maybe due to the fact that women’s skin is softer and more sensitive as
compared to men. So, they pay more attention to what all they are bringing in
contact with their skin and what might be the effect of it. This may lead them to
paying a closer look at the features of the product, rather than just the packing.
This result is generalizable since the ratio of women and men is well matched.
Data is not skewed.
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CASE 3
Data Analysis And t-Test: Two-Sample Assuming Equal Variances
Result: How important are the following in your buying decisions? [Quality]
α = 0.05 Females Males
Ho: µf = µm Mean 4.352112676 3.949152542
H1: µf ≠ µm
Variance 0.974245473 1.359438925
P(0.0347)<α(0.05), Observations 71 59
hence, Ho is rejected and Pooled Variance 1.148786256
H1 is accepted.
Hypothesized Mean Difference 0
There is a significant df 128
difference between females t Stat 2.13415506
and males when it comes to
giving importance to quality P(T<=t) one-tail 0.017368466
of the product when making t Critical one-tail 1.656845226
a purchase or buying
decision. P(T<=t) two-tail 0.034736932 9
This maybe due to the fact that quality is often expressed as a measure of
customer expectation. That is, the quality of a product refers to the perception of
the degree to which the product meets the customer's expectations. And since,
through case one, we know that women are more interested in beauty care
products, hence their expectations are more as compared to men. Thus, they
give more emphasis to quality to check whether it matches with their individual
expectation.
This result is generalizable since the ratio of women and men is well matched.
Data is not skewed.
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INDIVIDUAL CONSUMPTION BEHAVIOUR
MODEL
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EXTERNAL INTERNAL
INFLUENCES INFLUENCES
Perception
Marketing Activities
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Attitude
ALTERNATIVE EVALUATION AND
SELECTION
L’Oréal = 15.4%;
Nivea = 17.7%;
Lakme = 20% (Most preferred)
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OUTLET SELECTION AND PURCHASE
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THANK YOU
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