Preview

Project Report on Consumer Behaviour

Good Essays
Open Document
Open Document
8420 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Project Report on Consumer Behaviour
A SUMMER TRAINING REPORT

IN

HDFC Standard Life Insurance Company Ltd

ON

customer-buying behavior with a focus on market segmentation

Submitted in partial fulfillment of requirement of
MASTER of Business Administration (MBA)
University Of Madras, Chennai

SUBMITTED BY:

M.VIJAYA RAGHAVAN

ENROLLMENT NO:

33230791

Session: 2007 – 2009

CONTENTS

Pages

ACKNOWLEDGEMENT 03
PREFACE 04
EXECUTIVE SUMMARY 06
INTRODUCTION TO THE INDUSTRY 07
INTRODUCTION TO THE COMPANY 20
RESEARCH METHODOLOGY 26 ← Title ← Objective of the Study ← Scope of the Study ← Significance of the Industry ← Significance of the Research ← Research Technique ← Sampling Methodology ← Sampling unit ← Sampling Area ← Sample Size ← Limitations
FACTS AND FINDINGS 32
DATA AND INTERPRETATION 34
CONCLUSION & RECOMMENDATIONS 54
BIBLIOGRAPHY 56
ANNEXURE
Questionnaire 58

ACKNOWLEDGEMENT

First of fall I would like to thank the Management at HDFC Standard Life Insurance Company Ltd Life Insurance co.for giving me the opportunity to do my two-month project training in their esteemed organization. I am highly obliged to Mr. A.GANESH PANDIAN (Sales Development Manager) for granting me to undertake my training at Ashok Nagar branch.

I express my thanks to all Sales Managers under whose able guidance and direction, I was able to give shape to my training. Their constant review and excellent suggestions throughout the project are highly commendable.

My heartfelt thanks go to all the executives who helped me gain knowledge about the actual

working and the processes involved in various departments

PREFACE

The liberalization of the Indian insurance sector has been the subject of much heated debate for some years. The policy makers where in

You May Also Find These Documents Helpful

  • Good Essays

    The 1848 revolution marked a turning of the page the West African region of Senegal, site of France's only substantial foothold on the African continent at that point. Two events were of particular importance in this regard. The first was the decree of April 27, 1848 whereby the provisional government abolished slavery in France's colonies, including Senegal. The newly-freed slaves in Senegal automatically became French citizens, a privilege extended by a law of 1834 to free inhabitants of French settlements in the region (the "Quatre Communes" of St. Louis, Gorée, Rufisque, and Dakar). The second crucial event was the decree of March 2, 1848 instituting universal manhood suffrage, which gave the male population of French Senegal, including the newly-freed slaves , the right to vote in French national elections. The almost entirely African and mulatto electorate (whites accounted for only about one percent of the colony's population) took part in the national elections of November 1848 and chose the first man of color ever to sit in the French parliament. Though the future course of electoral politics in the colony was far from smooth, the extension of male suffrage to the Quatre Communes in 1848 would give Senegal a great edge in political sophistication over France's other African colonies in the twentieth century.…

    • 758 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Consumer Behavior Unit 10

    • 561 Words
    • 3 Pages

    To me the information in the course has been very beneficial to me; it has aided me to become a stronger candidate in the business world. Throughout the many topics and key concepts covered throughout this term, I have become a more qualified individual ready to take on the workforce and not only in the field of Consumer Behavior, but in the business world as a whole. Some of those areas that I believe this course has really helped me would be in: The marketing concept, product positioning as well as personal privacy. I feel that having knowledge in these areas as well as many others that we studied in this course will allow me to be a successful candidate in my future studies here at Kaplan as well as my career path.…

    • 561 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Successful Marketers define their market in terms of needs they presume to satisfy ,not in terms of product they sell.…

    • 3870 Words
    • 16 Pages
    Powerful Essays
  • Best Essays

    Consumer Behaviour

    • 3969 Words
    • 16 Pages

    There are three main aims of this report. It aims to provide a better understanding about the impact of internal and external factors on consumer behaviour. In so doing, Lacose, which produces apparel, was chosen for this. At first, it will examine the segmentation and identify target market for the company. The second purpose is to explain the role of internal and external factors affecting consumer purchasing decision on Lacoste. Due to space limit, only three factors will be considered: two internal factors of perception and motivation and one external factor of lifestyle. Another aim is to make the recommendations for establishing market strategies. Research for this report included a review of current marketing literature and some effective strategies for the future of Lacoste.…

    • 3969 Words
    • 16 Pages
    Best Essays
  • Powerful Essays

    My formal appreciation goes to my supervisor; Mr. Alan Wells for his supervisory role, mentoring and…

    • 19562 Words
    • 141 Pages
    Powerful Essays
  • Good Essays

    We are going to use the consumption process model to increase market share and profits pertaining to the video game industry. Overall our model leans toward the back end of the products life cycle, commonly referred to as the disposal phase of the consumption chain.…

    • 982 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Consumer Behaviour

    • 10240 Words
    • 41 Pages

    • To understand the consumer decision-making process and how it varies for different types of purchases. • To understand various internal psychological processes, their influence on consumer decision making, and implications for advertising and promotion. • To understand the similarities and differences of target market and target audience. • To understand the various options for making a target audience decision for marketing communication.…

    • 10240 Words
    • 41 Pages
    Good Essays
  • Powerful Essays

    I am grateful to XXX (Sr Hr executive and whole staff members of XXX co for…

    • 24799 Words
    • 100 Pages
    Powerful Essays
  • Good Essays

    Chapter 1 2 Thesis

    • 5185 Words
    • 16 Pages

    AVA DISTRIBUTION CORPORATION PROMOTIONAL TOOLS AND CUSTOMER ACCEPTANCE OF KNORR REAL SARAP SEASONINGS MIX AMONG SELECTED HOUSEHOLD AT BARANGAY LIBERTAD, BUTUAN CITY…

    • 5185 Words
    • 16 Pages
    Good Essays
  • Satisfactory Essays

    Narrative Report for Ojt

    • 3024 Words
    • 13 Pages

    I would like to acknowledge the presence of those people who’d help me to reach this end. It is my pleasure to thank all the people who guided me, those people who never fail giving their support for us to fulfil this On the Job Training.…

    • 3024 Words
    • 13 Pages
    Satisfactory Essays
  • Better Essays

    Quantum Physics 101

    • 793 Words
    • 3 Pages

    Parekh A. 2012 ‘India’s Insurance Industry: Issues & Challenges’ EY Report, viewed 28 September 2014, http://www.ey.com/IN/en/Industries/Financial-Services/Insurance/Indias-insurance-industry-issues-and-challenges…

    • 793 Words
    • 3 Pages
    Better Essays
  • Satisfactory Essays

    research paper

    • 5842 Words
    • 24 Pages

    I am heartily thankful to the management for providingus the opportunity to do practical training in their…

    • 5842 Words
    • 24 Pages
    Satisfactory Essays
  • Good Essays

    Consumer Behaviour

    • 668 Words
    • 3 Pages

    Q9. In the Indian rural markets, consumers generally buy sachets / small packs of FMCG products. This also facilitates the process of trial for companies that sell their products to these customers. Traditionally, small, unorganized players dominated this market. However, now MNCs are increasingly focusing on the rural markets to increase their revenues. A regional player wants to find out what he should do to tackle competition from larger multinationals. What type of research framework will you adopt for this regional player? Keep in mind the social, cultural and economic background of the intended market while designing the research framework? Q10. Airtel ‐ Positioning (And Repositioning): From 'Touch Tomorrow' to 'Live Every Moment' In late‐2002, Bharti Cellular Ltd.…

    • 668 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Loyalty Programme

    • 5195 Words
    • 21 Pages

    We would also like to extend our thanks to the various people such as executives and customers who have shared their opinions and experiences through which we received the required information crucial for our inferences and report.…

    • 5195 Words
    • 21 Pages
    Better Essays
  • Satisfactory Essays

    vocational training

    • 319 Words
    • 2 Pages

    We would also like to thank all officers and staff of the company for their support and cooperation.…

    • 319 Words
    • 2 Pages
    Satisfactory Essays

Related Topics