Preview

Economics of milk production -A case study of Avnoor panchayath

Powerful Essays
Open Document
Open Document
1842 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Economics of milk production -A case study of Avnoor panchayath
DATA ANALYSIS AND INTERPRETATION

TABLE 1: FREQUENCY OF PURCHASE BY RESPONENDS TO STORE

INTERPRETATION

From the above table and graph it is clear that out of 100 respondents surveyed, 33% of them purchase daily, 31% of them purchase weekly, 36 of them purchase monthly and there are no respondents who purchase occasionally. This clearly shows that frequency of purchase by the consumers is very high. Respondents who purchase regularly visit store weekly and monthly. It is found that many of the respondents purchase on Saturday and Sunday.
TABLE 2: DATA SHOWING CUSTOMERS REGULAR PURCHASE FROM THE STORE

INTERPRETATION

The response given by respondents 86% buys regularly from the same store and 14% of respondents don’t buy from the same store. As we can conclude that major of the customers buy from the same store because supermarkets are near to respondent residence and avail membership benefits from the store like offers, gifts apart from low prices.
3INTERPRETATION

The above chare shows that 12% of respondents prefer provisional store which is located very near to their home and 2% of them prefer other supermarket. This clearly indicates that the supermarket has the potential market in food retailing. Most of respondents do not purchase entire grocery from supermarket and that it is because supermarket does not provide price reduction on the items like rice, dhal etc which they usually buy in bulk quantity.
4INTERPRETATION
31% of respondents say’s Location and conveyance, 21% of respondents say’s Wide range of merchandises,3% of respondents say’s Low prices, 13% of respondents say’s Ambience & services and 9% respondents say’s Discounts. From the analysis of chart we can conclude that most of the respondents buy from the store because of location, wide range of products and low prices
5INTERPRETATION

Store timings are convenient attribute is ranked as first by considering cumulative score. Most of the

You May Also Find These Documents Helpful

  • Good Essays

    d) How (if at all) does purchase frequency appear to be related to dollars spent and months since last purchase? Explain why any observed relationships might exist.…

    • 2842 Words
    • 22 Pages
    Good Essays
  • Satisfactory Essays

    Appie is a retail chain that owns four supermarkets in Tilburg. These include two conventional supermarkets (the Appie stores), a convenience supermarket (Appie-To-Go) and a hypermarket (Appie-XL). Recently, the manager responsible for the Tilburg Appie supermarkets hired a market research agency to learn more about his customers. This agency held in total 110 surveys with Appie customers in Tilburg. These interviews were held outside the Appie supermarkets with customers leaving the store. Data was collected on respondent demographics, grocery-shopping behaviour and characteristics of the recent shopping trip. An overview of the collected data can be found in Table 1 in Appendix I. The…

    • 709 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The supermarket industry provides a good example of the way in which different groups of customers will have different expectations and needs. Some customers just want to buy standard products at the lowest possible prices. They will therefore shop from supermarkets that offer the lowest prices and provide a reasonable range of products. In contrast, some customers are looking for variety and quality.…

    • 445 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Swot Analysis Of Nordstrom

    • 1129 Words
    • 5 Pages

    First, product, where retailers decide what to sell on the basis of what their target market wants to buy. Eric Nordstrom says, “Every day, you’ve got to open your doors and sell something. Even if it’s just one shoe”. Next, is place, geography remains the most important factor in choosing a location. Eric Nordstrom, the company’s president, visits each potential location himself before signing off on it. Place is an important commitment of resources that can reduce a business future flexibility (Lamb 2010). Then, there is promotion, where the goal is to help position the store in consumer’s minds; satisfied customers are much more persuasive. Furthermore, price is the key element in a retail store’s positioning strategy. The higher the price, often indicate a higher level of quality, which shows a significant level of reliability. Price also reinforces the prominent image of retailers. The next P in the retailing mix is presentation, the goal is to use all of the store’s space effectively. Finally, personnel, where a salesperson’s job is to persuade shoppers to buy. In my opinion personnel has been most important to Nordstrom’s success. Robert Spector, coauthor of the Nordstrom Way, says his favorite story is of a woman with one leg who jokingly bet a Nordstrom salesperson that he wouldn’t sell her just one shoe. The employee was more than happy to split up the…

    • 1129 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    This proposal research is done across Hounslow and among the three supermarkets that stood among the top big 4 in UK retail markets. Supermarkets are nothing but self service stores which are probably in the form of a grocery store which have a variety of household merchandise, food etc. They sell every household product that are essential for the regular daily use. They are usually large in size well organized into various departments depending on the type of the product. They are even found as small convenient stores and are limited in the range of the products that are sold in that.…

    • 2524 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    The major types of retailer we are familiar with in today's society includes specialty stores which sells narrow product lines, example include The body shop. Department store, selling several product lines, this includes Myer, David Jones; Supermarket which sells large low-cost, low-margin, high-volume, self-service store designed to meet total needs for food and household products; convenience store, which are generally opened in residential areas for 24 hours a day seven days a week with limited line of high-turnover convenience products, famous example would be 7-eleven; Discount stores which offer standard of specialty merchandiese at low-price, low-margin, high-volume stores, an example includes BigW, Target; Off-price retailer that offers leftover goods, factory outlets, independent off-price retailers, an example includes Direct Factory Outlet (DFO); superstores, which occupies large selling space, which could be either category killers like Bunnings and Officeworks, or hypermarkets such as Carrerfour and Costco; lastly there is catalogue showroom where a broad selection of high-mar-up fast moving brand named goods are sold by catalogue at discount, with customers picking up the merchandise at the stores, an example includes the bike shop in the US.…

    • 1304 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Virdi, Sandeep singh1 in his thesis “Malls & Hypermarkets: Perspectives of Contemporary Shopping” formulated the objectives of studying and analyzing the reasons for this inconsistent growth of organized retail, especially the larger formats vis-à-vis shopping malls and hypermarkets, and its uneven progression in India. This research has intended to focus on the theory and concept of professional and effective mall and hypermarket management. This study also tried to investigate the factors which can possibly lead to the expansion of loyalty concept to include preference for shopping mall and / or a hypermarket – deciding where to buy in an increasingly complex retail mall globe and hence this research has tried to find out the shoppers’ retailing attitudes and behavior in shopping malls and hypermarkets. Additionally, this study has also attempted to investigate the competition posed by the ‘No Frills’ lifestyle stores and the hypermarkets like BigBazzar, Easy Say etc towards the shopping malls, and whether the former poses any threat to the latter. The appropriate statistical techniques like measure of dispersion & divergence, t-test, chisquare test were used to analyse the data. It is strongly recommended that there should be more cash counters in hypermarket. The managers of the hypermarkets should ensure that they offer good deals, bargaining & schemes for all categories & classes of customers as frequently as possible.…

    • 2352 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    City life is changing day by day. People are experiencing more and more changes and developments. People from diverse walks of life are also settling themselves with the growing pace. For the marketer, it has become a great opportunity to understand the actual needs and wants of the population and while providing them with the commodities, the service industries are also going through tremendous changes. The Chain Superstores are now a growing phenomenon in Dhaka city. As the customers are increasingly becoming more aware of the conveniences and their own lifestyles, they are in many cases preferring to go to a Chain Superstore for their everyday shopping rather than to small departmental stores around. This research has been conducted to identify the Factors influencing consumers to shop Superstore in Bangladesh- in specific six probable extrinsic cues. The six extrinsic cues- Brand Image, Perceive Price, Perceived Quality Product Availability, Location of the store and Environment were tested to see if they have any positive influence on customers’ decision making to go shopping from a Chain Superstore. The study illustrates the various responses from the survey respondents which were later used as input for further data analysis to get the statistical output of the research. This research has identified certain important findings both for market researchers as well as students involved in academic researches. The research can be used for the basic understanding of the market dynamics when it comes to the consumers’ influencing factors on Chain Superstores.…

    • 4003 Words
    • 17 Pages
    Powerful Essays
  • Satisfactory Essays

    Project Report in Bigbazaar

    • 11153 Words
    • 45 Pages

    A PROJECT REPORT Submitted in partial fulfillment of the requirement for the Award of the Degree of…

    • 11153 Words
    • 45 Pages
    Satisfactory Essays
  • Powerful Essays

    On the above research purpose this paper analyzes the behavior of consumers in selecting fast food retail outlet/s. The methodology includes exploratory research design i.e. qualitative research in form of focus group discussion and descriptive research in form of questionnaire. Initially the factors for consideration of fast food outlet are being highlighted through the focus group discussion among the group members. Based on the factors that emerged out of discussion, a questionnaire was designed.…

    • 2360 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    The products the super markets sell are also available at different departmental stores and kitchen markets but still people prefer to visit the super markets for convenience, hygiene and time factors. The main difference between super market and department store lies on the difference of variety of products and size of the outlets. The concept of Super Market is new in Bangladesh. But today, with the current shopping practices prevailing, the need for a real supermarket has become a necessity for the reasons like: (1) Shoppers are quite dissatisfied with the present system of bazaars, corner grocery shops and general stores, (2) super markets offer shoppers a unique shopping experience, (3) conveniently located in central areas, goods are of questionable quality in conventional grocery shops, (4) existing level of service by the sales people in groceries is not acceptable to most customers, consumers want a shop with a full range of grocery items.…

    • 2564 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    honey

    • 13885 Words
    • 131 Pages

    Beekeeping Development Unit, C/O Baraka Agricultural College, Box 52, Molo, Kenya. Tel: 254 363 21091 E mail: baraka@net2000ke.com Web site: http://www.sustainableag.org Baraka Beekeeping Development Unit/ Self Help Development International (SHDI) 'A study of the beekeeping sector in Kenya June 2001 - January 2002' January 2002…

    • 13885 Words
    • 131 Pages
    Powerful Essays
  • Powerful Essays

    Big Bazaar

    • 1812 Words
    • 8 Pages

    As the study is mainly concerned with “consumer behaviour towards organised and unorganised retail stores it was conducted in Bangalore city. For analytical research, survey method is the best way to conduct the survey since different opinions of the different people are been analyzed and brought forward. This study in the following manner…

    • 1812 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Taiwan

    • 1261 Words
    • 6 Pages

    Taiwan has experienced rapid economic expansion, as well as a significant increase in local consumer buying power. With an increasing demand for quality products and services, the concept of using modern retail channels such as supermarkets and hypermarkets for daily purchases of household necessities and personal food stuffs has been widely adopted by local consumers. Retailers must now offer a wide variety of products, excellent service and convenience to attract and keep customers. Purchases of household products make by women are increased by over 40 percent from US$10.5 billion in 2002 to US$14.9 billion in 2006. The second largest category is food products and groceries, which accounted for approximately US$8 billion in 2006, an increase of 26 percent from US$6.4 billion in 2002. In the last 10 years, modern retail stores have been experienced rapid growth and…

    • 1261 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Shopping Mall

    • 4539 Words
    • 19 Pages

    This section is attempts to provide an explanation on consumer shopping behaviour by review the previous study on the previous literature. Shopping is one of the distinct activities of consumer behaviour (Tauber, 1972) and shopping behaviour is a distinctive form of consumer behaviour (Asseel, 1987). According to Tauber (1972, p 46): “People 's motives for shopping are a function of many variables, some of which are unrelated to the actual buying of products. It is maintained that an understanding of shopping motives require the consideration of satisfactions which shopping activities provide, as well as the utility obtained from the merchandise that may be purchased. If needs other than those associated with particular products motivate people to go to a store, the retailer should incorporate this information into his marketing strategy”.…

    • 4539 Words
    • 19 Pages
    Powerful Essays