Economics of Buyer’s Behaviour by Shalini Yadav
Buyer’s Behaviour has assumed a lot of significance under customer oriented planning and marketing. The study deals with the economics of household buyer’s behaviour of colour television and audio system in Patna and Ranchi town and is based on the survey method. It covers various aspects of buyer’s behaviour i.e. decision making process in the purchase of the two products, roles played by the buyers in the purchase, brand loyalty, comparative analysis of Indian and foreign brands, relationship between income, education, social background and purchase of CTV and audio system, comparison of price with variables like quality, technical features, design, after sales service, warranty period, etc., and the satisfaction level of the respondents with the two products. The theoretical perspective of different factors – psychological, social, cultural, demographic and economic influencing the decision making process is also discussed at length.
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