Consumer behavior Soft drink – Thums Up Introduction The soft drink industry in India is one of the most competitive with many international and domestic players operating in the market. Initially domestic players like Parle group dominated the Indian soft drink market with brands like Thums up‚ Limca‚ Goldspot etc. However with the re-entry of MNC players like Pepsi in 1991 and Coca-Cola in 1993‚ the market took a decisive shift in favour of these MNCs and over the years Coca-Cola and Pepsi have
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Fashion Buyer Fashion buyers use their sense of style‚ knowledge of fashion trends‚ and understanding of their target customers’ desires to create an attractive selection of apparel for retail stores. Due to the length of time it takes for a designer or manufacturer to fill all orders‚ buyers often make their purchases up to 1 or 2 years in advance‚ so it is important for fashion buyers to be able to understand past‚ present‚ and future fashion trends. Buyers must also be good at budgeting and
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content 1 Background 1 2 Motivation and Value 2 2.1 Attributes 2 2.2 Outcomes 2 2.3 Values 3 3 Reference group 3 3.1 Aspiration reference group 3 3.2 Informal group 4 4 Culture and consumption 5 4.1 Supranational culture 5 4.2 National culture 5 4.3 Subculture 5 4.3.1 Family 6 4.3.2 Language 6 5 Conclusion 6 1 Background Social networking has brought a great change in to the way people build relations with others. These sites are online platforms
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Effectiveness of Alternative Washing Detergents Using Readily Available Household Products Fruity Four: Natalie Yeo (L) Xie Qiuyang Yap Ching Yit Zhang Jingyuan CHIJ St.Nicholas Girls’ Secondary School Introduction Ever since the first synthetic detergents were developed following World War I‚ chemical detergent has become a household necessity. There are various types of laundry detergents.However‚ most of them cause severe harm to the environment‚ as well as human beings. According
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THE IMPACT OF BRAND ENDORSEMENTS ON CONSUMER BEHAVIOUR IN MTN. 1.0 INTRODUCTION 2.1 Background of the Study According to the American Marketing Association‚ marketing is the process of planning and executing the conception‚ pricing‚ promoting and distribution of ideas‚ goods and services to create exchanges that satisfy individuals and organizational objectives. Thus‚ for companies and organizations to achieve their objectives‚ it is of essence that the marketing tools of product‚ price
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stage of buyer decision process is relevant for all the marketers. Teo and Yeong (2003) point out that the setting up of buyer decision process model can help managers to understand and forecast consumer behaviours‚ and thereby they can make effective decision for providing more acceptable offers to customers. Kotler‚ Brown‚ Burton‚ Deans and Armstrong (2010) also hold the same view and state that there are five main steps of buyer decision process‚ as outlined in Figure 7.8. Firstly‚ consumer decision
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Korea. In India for a decade now‚ LG is the market leader in consumer durables and recognized as a leading technology innovator in the information technology and mobile communications business. LG is the acknowledged trendsetter for the consumer durable industry in India with the fastest ever nationwide reach‚ latest global technology and product innovation. One of the most formidable brands‚ LGEIL has an impressive portfolio of Consumer Electronics‚ Home Appliances‚ GSM mobile phones and IT products
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Parry or Power Buyer Power Buying power is known as the bargaining power of customers. There are two types of buyer power. The first is associated with the customer’s price sensitivity. If each brand of a product is similar to all the others‚ then the buyer will base the purchase decision mainly on price. This will increase the competitive rivalry‚ resulting in lower prices‚ and lower profitability. The other type of buyer power relates to negotiating power. Larger buyers tend to have more leverage
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A Study on Customer Satisfaction and Service Gap Analysis with Special Referene to the after Sales Service of Bajaj two wheelers in Jaipuria Institute of Management Noida. Introduction The two wheeler industry is one of the most vibrant industry in the Indian market. According to the figures published by SIAM‚ it holds a domestic market share of 76% (2010-2012) in the automobile sector. Two wheeler sections in India have witnessed one of the more impressive levels of growth vis-à-vis other segments
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A Report On Understanding Consumer Behaviour towards Luxury Products By Jitesh Sanghvi MMS – 137‚ Marketing Year 2009-10 K J Somaiya Institute of Management Studies & Research Understanding Consumer Behaviour towards Luxury Products Understanding Consumer Behaviour Towards Luxury Products By Jitesh A Sanghvi Under the guidance of Mar. Nilesh Talreja Senior Executive Interface Communication ______________ Designation SIMSR‚ Mumbai K J Somaiya Institute of Management
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