Ajay Jain‚ Debasish Das‚ Karthik Rangarajan‚ Praveen Singh‚ Sulakshana S It is common perception that many Indian women are partial towards fairer skin. Recently‚ noted dermatologists commented that people are now openly asking for a solution to something that has been an obsession through the ages. Equating fairness with beauty has turned out to be a key consumer insight in the case of the fairness creams industry with Hindustan Unilever capturing nearly 53% of the market share with Fair & Lovely
Premium Marketing Brand Brand management
UNDERSTANDING RURAL CONSUMER BEHAVIOUR : TAPPING THE FUTURE MARKET SHWETA Email – shweta.esha@gmail.com 1. INTRODUCTION It is widely acclaimed that India is one of the largest consumer market in the world. Estimation signs that the Indian consumer market is likely to grow four times by 2025. (McKinsey Report - ’The Rise of Indian Consumer Market ’). India ’s overall retail sector is expected to rise to US$ 833 billion by 2013 and to US$ 1.3 trillion by 2018‚ at a Compound Annual
Premium Marketing
The tourism industry often needs a various range of information to satisfy and attracts its consumers and most of this information is delivered promptly to the customers with the help of the information and communication technologies (Poon‚ 1993). And as result‚ the global tourism industry is rapidly changing and the information and communication technologies ( ICTs) such as the internet is altering the structure of tourism industry and how it market his products and conducts its promotion. In order
Premium Tourism Decision making
a figure to explain the motivation process 2. Discuss the statement “marketers don´t create needs; needs pro-exist marketers.” Can marketing efforts change consumers’ needs? Why or why not? Can marketing efforts arouse consumer needs? If yes‚ how? 1 Marketers do not create needs‚ though in some instances they maymake consumers more keenly aware of unfelt needs. The tact that many new products take illustrates that marketers often do not recognize or understandconsumer needs and that they
Premium Personality psychology Maslow's hierarchy of needs Psychology
Self-referencing (SR) is defined as a cognitive processing strategy where a consumer relates message information to his or her self structure (Burnkrant and Unnava 1995). From this perspective‚ the self represents a frequently-used construct in memory that aids the elaboration of encoded information. Hence‚ self-referenced information is more easily associated with previously stored information. A general definition of consumer involvement refers to the level of perceived personal importance‚ interest
Premium Marketing
Characteristics affecting consumer behaviour ❖ Introduction: - Founded in 1971‚ since then‚ Shangri-la Hotels and Resorts has developed consistantly to become one of the world’s finest hotel companies nowadays. It has received numerous positive feedbacks from customers and awards. - We are going to discuss about the characteristics that affecting consumer behaviour and how Shangri-la has succeeded fulfilling them. ❖ Cultural factors: - Not many people know the fact
Premium Hotel Hotel chains Hotels
refers to those retail goods that are generally replaced or fully used up over a short period of days‚ weeks‚ or months‚ and within one year. This contrasts with durable goods or major appliances such as kitchen appliances‚ which are generally replaced over a period of several years. FMCGs have a short shelf life‚ either as a result of high consumer demand or because the product deteriorates rapidly. Some FMCGs – such as meat‚ fruits and vegetables‚ dairy products and baked goods – are highly perishable
Premium Marketing Environmentalism
Wal-Mart Good or Bad for Consumers? Customer Inserts Name Customer Inserts Grade Course Customer Inserts Tutor’s Name 31st May 2013. Outline Introduction 2 Up Against Wal-Mart: Wal-Mart Inc perceived to be bad for the consumers 2 Progressive Wal-Mart: Good for the consumers 5 Conclusion 6 Introduction Wal-Mart Inc is regarded as the universally
Premium Wal-Mart United States Business
1. Introduction Background The competition within the retail industry enters a white-hot stage. In order to please customers‚ retailers are using variable methods to strive for market share. Some goes for big advertising investment‚ attractive campaigns and non-stop promotions. When these are not enough‚ increasing customer added-value by providing pleasant shopping experience becomes a useful way for retailers to differentiate themselves and provide a unique brand experience. In other words
Premium Environment Natural environment Environmentalism
operating in the areas of Outsourcing‚ Market Research‚ Brand & financial management. They are currently working across 6 locations across India viz. Ahmadabad‚ Bangalore‚ Chennai‚ Kolkata‚ and Patna with head office at Pune. Vision future contribute towards the growth of an organization and an individual by creating better ways of supporting business through an understanding of functional as well as industry specific expertise. They consistently work hard to add value to their clients and thereby thriving
Premium Marketing Sampling Cluster sampling