Preview

Consumer Buying Behavior

Powerful Essays
Open Document
Open Document
7265 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Consumer Buying Behavior
Journal of Economics and Behavioral Studies Vol. 1, No. 1, pp. 27-39, Dec 2010. Toothpaste Brands –A Study of consumer behavior in Bangalore city *G. Vani1, M. Ganesh Babu2, N. Panchanatham3 Professor, Acharya Institute of Technology, Solladevanahalli 2Assistant Manager, ICICI Bank, Bangalore, 129/2, AGBG Layout Chikkabanavara 3Dept Head, Dept of Business Administration, Annamalai University, Chidambaram, Tamilnadu *gvani3333@yahoo.co.in
1Asst.

Abstract: ‘Consumer is king’ –the statement carries profound truth in it. Today the success of any firm depends upon the satisfaction of consumers. For satisfying the consumers the firm should know about the behavior of the consumers. In these circumstances understanding consumer is a very difficult task because of the changing technology, innovation, and changes in life style. Researchers conducted many research in this area, and they given only few suggestion, but there is no final conclusion. As per the ideas given by the researchers, there are two factors influencing the consumers such as intrinsic and extrinsic factors. It is difficult to classify consumers by conventional demographic factors and unless their thought process and buying behavior are fully understood, decisions on product designs and packaging, branding and distribution channels are likely to be misplaced. With the inevitability of change looming large over the horizon, Indian companies must learn from their western counterparts; not only to identify the sources, timing and direction of the changes likely to affect India, but also the new competencies and perspective that will enable them to respond to these changes, comprehensively and effectively. This study mainly focus on understanding the external factors like demographic, social, cultural ,price, quality ,product attributes etc for buying toothpaste. The market share of any product is highly determined by the purchasing behavior of the consumers. Following study is conducted by the researcher to



References: Assunçao, J.L., and Meyer, J.R., (1993): The Rational Effect of Price Promotions on sales and Consumption, Management Science, 39(5): 517-535. Bawa, K., and Shoemaker. (1987): The Coupon-Prone Consumer: Some Findings Based on Purchase Behavior across Product Classes, Journal of Marketing, 51(4), 99-110. Bell, D.R., Chiang, J., and Padmanabhan, D. (1999): The Decomposition of Promotional Response, Marketing Science, 18 (4): 504-526. Daly, and Ellen. (1993): Advertising impact: Using the power of promotional gifts, The American Salesman, 38 (10):16. Del Hawkins, I., Roger Best, J. & Kenneth Coney, A. (2002): Consumer behaviour: Tata McGraw Hill Publishing Co Ltd: New Delhi 38 Everything you wanted to know about toothpaste. Retrieved from www.saveyoursmile.com/toothpaste/toothpastea.html Fader, P.S., and Lodish, L.M. (1990): A Cross-Category Analysis of Category Structure and Promotional Activity for Grocery Products. Journal of Marketing, 54 (4): 52-65. Gupta, Sunil. (1988): Impact of sales promotions on when, what and how much to buy. Journal of Marketing Research, 25 (4): 342-355. Harish, K. S. (2009): Consumer Motivation Perception. Marketing Mastermind, 9(12): 47-48. Jacoby, J,. And Chestnut. (1978): Brand Loyalty, Measurement and Management. New York: John Wiley & Sons. Narasimhan, C. (1984): A price discrimination theory of coupons. Marketing Science, 3(2):128-147 Nitin Mehta, Xinlei(Jack) Chen,Om Narasimhan (2008): Informing, Transforming, and Persuading: Disentangling the Multiple Effects of Advertising on brand choice decision, Marketing Science 27(3):334 Rajendra, N. (2006): Market Research, New Delhi, ND: Tata McGraw Hills. Stephanie N., M. (2001): Consumers channel preferences: An integrated model. Unpublished Doctoral dissertation, Isenberg school of management),Retrieved from Proquest database Suja N., R. (2007): Consumer behavior in Indian perspective, Mumbai: Himalaya publishing House Sumathi, S., & Saranavel, P. (2003): Marketing Research &Consumer Behavior, Vikas publishing house: New Delhi The history of teeth cleaning, Retrieved from http://www.bbc.co.uk/dna/h2g2/A2818686 Tooth care products. Retrieved from http://www.bupa.co.uk/individuals/health-information Vani, G., Ganesh, B., M., & Panchanatham, N. (2009): Segmentation in Indian Oral care industry: An overview, SRM management digest Vani, G., Ganesh B, M., & Panchanatham, N. (2010): Oral care industry: Colgate’s smiley promos, Advertising Express Wansink, B., and Desphande, R. (1994: .Out of Sight, Out of Mind: Pantry Stockpiling and Brand-Usage Frequency, Marketing Letters, 5(1): 91-100. Zeithaml, V.A. (1988): Consumer Perceptions of Price, Quality, and Value: A Means-End Model and Synthesis of Evidence, Journal of Marketing, 52 (3): 2-22. 39

You May Also Find These Documents Helpful

  • Better Essays

    Euthymol Toothpaste

    • 1036 Words
    • 5 Pages

    We have done a survey of Euthymol toothpaste and some research on the internet. Now I am going to analyse Euthymol toothpaste by using the results and information of our secondary research from the internet. It includes product, price, place and…

    • 1036 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Be similar with cooking, Consumers’ tastes for toothpaste in China typically vary from region to region. According to the research, tastes for toothpaste are very different in different region. Maybe it relate to the customers’ habit, region marketing competition and economic development, each city have their popular brand. For example, Colgate is preferred to Shanghai and Shenyang, In Wuhan, Grest is most popular.…

    • 955 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    In providing an analysis of the consumer behavior of Magic Toothpowder, the report's objectives are to explore the following areas:…

    • 5773 Words
    • 24 Pages
    Powerful Essays
  • Powerful Essays

    The objective of this paper is to discuss how market segmentation is carried out in the toothpaste market of Sri Lanka, and how products are targeted at the selected segments. This paper will provide;     An introduction to the toothpaste market of Sri Lanka and its segmentation An introduction to the selected company operating in the toothpaste market and the segments it is targeting Reasons for the company to select the toothpaste market and segments in particular The role of the Human Resource Department of the company in this context…

    • 3813 Words
    • 16 Pages
    Powerful Essays
  • Powerful Essays

    As early as 3000 B.C. Egyptians used toothbrushes fashioned from twigs. In the 20th century a major design advance occurred in 1938 with the launch of Dr. West’s Miracle Tuft toothbrush, the first nylon bristle brush. Until the late 1970’s toothbrushes were widely viewed by consumer as a commodity and were primarily purchases on price. The involvement remained low and the companies also treated their toothbrushes as an extension, to get their consumers to use their toothpastes. Typically in the Indian market the percentage of toothbrush users has slowly inched upwards. As it has always been associated by the non-users as a non-essential item more so because of their fierce loyalty to the margosa twigg(Datun) and the index finger. The market of late has been the entry of several foreign players and the marketing game has assumed a totally new dimension. Companies are trying to shift to “PULL” strategy of long term returns and the inclination of consumers to shell out a few rupees extra to ensure a more wholesome care of their teeth and gum. This has resulted in rapid growth in value terms. Added to this is the initiative of the companies to focus on expanding the market by bringing the over 65% non-users in their consumer fold. With such vast potential to be exploited, the entry of several new players with their innovative ideas and experience in similar developing markets, the industry is likely to see a lot of action in the immediate future.…

    • 3827 Words
    • 16 Pages
    Powerful Essays
  • Powerful Essays

    It used Family platform as well as product platform in its marketingstrategies.For toothpaste the Segementation is done on the basis of age, product features and needs of thecustomer.…

    • 1525 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Lux Soap Marketing Project

    • 2517 Words
    • 8 Pages

    Bibliography: .www.unilever.com•http://www.unileverea.com/ourbrands/personalcare/lux.asp•http://www.unilever.co.uk/ourbrands/personalcare/lux.asp2.www.unileverbd.com3.Report on “Competition Scenario in Bangladesh”, page 18, prepared by Bangladesh Enterprise Institute, July 2005.)4.http://www.gfk.be/ProductsAndServices/ConsumerDiagnosticTools/SpecialAnalyses/BrandHealthCheckUp5.http://en.wikipedia.org/wiki/Unilever6.http://ladytobaby.com/show.php?item=155…

    • 2517 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    We would also like to thank all the respondents who gave their valuable time for filling up thequestionnaires and for giving valuable inputs during the exploratory research. Their unbiasedand valuable input has helped us to administer a project in which we have taken outinferences about the consumer buying behavior for toothpastes…

    • 1401 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Basically, promotion is first introduced in the 4Ps of marketing. The four Ps represents the marketing mix (Product, Price, Place & Promotion) and the promotional mix is the important term used to explain the set of tools of the business. This is applied to achieve benefit of its products and services from its consumer and the followings are (Advertising, Public relation, Direct marketing, Personal selling and Sales promotion). Basically sales promotions strategies used as a short-term technique tool which principal objective is to influence the ultimate buyers to try a brand or change their mind to another brand. Does consumption respond to promotion? Many studies have focused on the effects of promotion on brand switching, purchase quantity, and stockpiling and have documented that promotion makes consumers switch brands and purchase earlier or more. The consumers‘ consumption decision has long been ignored, and it remains unclear how promotion affects consumption (Blattberg et al. 1995) Wansink and Deshpande (1994) show that when the product is perceived as widely substitutable, consumers will consume more of it in place of its close substitutes. They also show that higher perishability increases consumption rates. Throughout the world, consumer sales promotions are an integral part of the marketing mix for many consumer products. Marketing managers use price-oriented promotions such as coupons, rebates, and price discounts to increase sales and market share, entice trial, and encourage brand switching. Non-price promotions such as sweepstakes, frequent user clubs, and premiums add excitement and value to brands and may encourage brand loyalty (e.g., Aaker 1991; Shea, 1996). A large body of literature has examined consumer response to sales promotions, most notably coupons (e.g.. Sawyer and Dickson, 1984; Bawa and Shoemaker, 1987 and 1989; Gupta, 1988;…

    • 2987 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Tooth Paste

    • 1609 Words
    • 7 Pages

    To find out what are the preferences of people in buying a toothpaste and what are he method used by the company to keep the brand sustain in the market.…

    • 1609 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    The report is about the market segmentation, targeting and positioning of the tooth paste industry in the local market of Mauritius. For a total population size of approximately 1, 2 million, toothpaste represents 80% of the market. This market is being shares which Colgate Palmolive which represents Colgate has 45% of the market share and the rest is being played among Aquafresh 20% and Blendax occupies 14% of the market share. 21 % of the toothpaste market shares are occupied by Signal, Close up, Casino and other make of toothpaste. Nowadays to be able to survive in this fierce competition world, firms need to satisfy the needs of its potential customers, hence keeping the existing and gaining new ones. For this to be possible marketers need to segment the market by the identification of portions of the market that are different from one another. This concept is call for the better understanding of the customers, their behaviors, and way to satisfy better their need. Eventually different customers have different needs and it is nearly impossible to satisfy all the customers by treating then alike. For a practical segmentation the following criteria must be examined thoroughly: Identifiable that is identify and measure the different attributes of the segments, secondly Accessibility where the segments must be reachable through communication and distribution channels, thirdly the segments should be sufficiently large to justify the resources required to target them, moreover to justify separate offerings, the segment must respond differently to the different marketing mixes. Finally, the segment should be relatively stable to minimize the cost of frequent charges. After the segmentation principle, the consumer market has been segmented into the geographic, demographic, psychographic and the behavioralistic factors. The magnetism of the segments is also depending on other significant aspects. In the core activity of defining a target market, four…

    • 4365 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    Sunsilk Research

    • 8780 Words
    • 36 Pages

    Aradhna Krishna, Imran S. Curriuun and Robert W. Shoemaker, “Consumer Perceptions of Promotional Activity,” Journal of Marketing, Vol.55 (April 1991), pp.4-16.…

    • 8780 Words
    • 36 Pages
    Good Essays
  • Better Essays

    At present, several well-known brands in the domestic toothpaste manufacturers become increasingly competitive, such as Braun Oral-B, Colgate, Darlie and so on. Different toothpaste brand have their own different market strategy, for examples, there are products for different ages whereas some target the purchasing power of consumers for different products, and there are products for different regions and different physiological functions necessary for the product. Consumers have different characteristics and are used to using a wide range of brands. So focusing on this phenomenon, we launch an investigation of the consumption toothpaste.…

    • 1042 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Begoña Alvarez Alvarez, Rodolfo Vázquez Casielles, (2005),"Consumer evaluations of sales promotion: the effect on brand choice", European Journal of Marketing, Vol. 39 Iss: 1 pp. 54 - 70 http://dx.doi.org/10.1108/03090560510572016 George S. Low, Jakki J. Mohr, (2000),"Advertising vs sales promotion: a brand management perspective", Journal of Product & Brand Management, Vol. 9 Iss: 6 pp. 389 - 414 http://dx.doi.org/10.1108/10610420010356984 Hui Chen, Miguel Baptista Nunes, Lihong Zhou, Guo Chao Peng, (2011),"Expanding the concept of requirements traceability: The role of electronic records management in gathering evidence of crucial communications and negotiations", Aslib Proceedings, Vol. 63 Iss: 2 pp. 168 - 187 http://dx.doi.org/10.1108/00012531111135646…

    • 5431 Words
    • 22 Pages
    Powerful Essays
  • Satisfactory Essays

    The marketers of Crest and Colgate can decrease consumer confusion regarding toothpastes and related oral hygiene products by distinguishing the difference between the products they offer. For this reason, there will remain a fierce competition in the marketplace between these two brands. Crest and Colgate both offer a line of products that profess to do the same things. They both offer various types of toothpaste, floss, and mouthwash as well as toothbrushes. To decrease consumer confusion, the identity of a particular product in the line should be made to stand out from the rest. Being that when one brand brings out a new product the other brand brings out a new one that is similar, it is basically a matter of personal choice and what works for that consumer and their…

    • 270 Words
    • 2 Pages
    Satisfactory Essays