Beruflich Dokumente
Kultur Dokumente
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ABSTRACT
The Current study pertains to find the universe of the retailer present in Ahmedabad selling
electronic consumer durables within retail malls, to find the market size in term of sales in units of
organized retail mall, to find the why particular product of electronic product sale from the retail mall
and which factor influence more consumer preference in purchasing a particular product from organized
retail mall. Descriptive research was undertaken and close ended questionnaires were administered
a)through personal interviews and telephonic interviews on consumers who had purchased electronic
b)consumer durables from organized retail malls with in past six months. In the introduction research
focuses on current scenario of the retail business in India and what is future potential. The researcher has
used statistical techniques such as Chi-square analysis and ANNOVA to reach at conclusion of this study.
Our study found that the factors like specific cost benefit, technological factors, promotional factors,
social-culture, trust factors, satisfaction with retail mall are most important factors which influence the
consumer preference. Demographical factors such as age, occupation, education, income and family
structure also plays a key role in selecting a retail mall and mall layout preferences also differs based on
these demographical factors.
Keywords: Electronic Retailing, Consumer Preference, Consumer Behaviour, Purchase Behaviour, White
Goods Retailing, organized retailing, etc.
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forces with banks and finance companies MNCs hold an edge over their
to market their goods more aggressively. Indian counterparts in terms of superior
In addition, change in policy, such as the technology combined with a steady flow
WTO FTA in 2005 resulted in zero of capital, while domestic companies
customs duty on imports of all telecom compete on the basis of their well-
equipment, thereby improving the pricing acknowledged brands, an extensive
and affordability of imported goods. distribution network and an insight in
local market conditions. The largest
Challenges MNCs incorporated in India are
The biggest threats to the local Whirlpool India, LG India, Samsung
industry going forward are supply-related India and Sony India and home grown
issues pertaining to distribution and brands are Videocon, Godrej Industries
infrastructure, as well as demand issues and IFB.
due to competition from imported goods.
The lack of well-developed distribution Future Prospects
networks makes it especially challenging Overall, the industry’s future
to penetrate the fastest growing rural remains robust, and interested applicants
areas economically. In addition, regular will benefit from a holistic learning
power cuts and poor road linkages make experience; Many of the research, sales,
systematic production, assembly and marketing and advertising related roles
delivery problematic. will necessitate a good on-the-job
On the demand side, customers learning of target audiences, who may
have increasing choice from both well be a totally new segment, based in
domestically produced and imported never-before visited Class II and III
goods, with similar features. This towns. In addition, those with technical
homogeneity makes it difficult for backgrounds will be able to leverage
players to remain ahead of the their knowledge and experience to
competition. constantly develop and innovate the
product variants. With more MNCs
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growing their Indian businesses, there is interest from both private equity (PE) and
great potential to also learn best-in-class mergers and acquisitions (M&A).
systems and management skills. “This heightened level of PE
interest is evidenced by three PE deals
Literature Review which have happened in the consumer
According to a McKinsey Global space in quick succession in the last few
Institute (MGI) study titled 'Bird of months — Henderson Equity Partners'
Gold': The Rise of India's Consumer investment in Genesis Colors, IL&FS'
Market, the total consumption in India is private equity investment in The Mobile
likely to quadruple making India the fifth Store and investment by Bain Capital &
largest consumer market by 2025. Urban TPG Growth in Lilliput Kidswear,” said
India will account for nearly 68 per cent Ajay Arora, Partner, Transaction
of consumption growth while rural Advisory Services, Ernst & Young.
consumption will grow by 32 per cent by
2025. Consumer Durables
India ranks first in the Nielsen The Consumer durables recorded
Global Consumer Confidence survey a growth of 31 per cent in October 2010.
released in October 2010. “India is one of According to the Consumer Electronics
the fastest growing markets in the world and Appliances Manufacturers
and the current consumer belief that Association (CEAMA), the consumer
recession would soon be a thing of the durables and electronics sector has
past has filled Indians with confidence,” registered a 12-13 per cent growth in
said Piyush Mathur, Managing Director, 2010. According to the industry body, the
South Asia, The Nielsen Co. With 129 total size of consumer durables and
index points, India ranked number one in electronics sector is around US$ 7.85
the recent round of the survey, followed billion. The sales of display category
by Thailand (117) and Australia (115). products such as Flat Panel Displays --
According to recent reports, the LCDs, PDPs rose phenomenally by 45
Indian consumer sector is attracting more per cent this year, while the sales of air
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folio entitled "Market expansion manufactures expect will pay off many
strategies of Maruti Udyog", it was times more. The study is restricted only
was based on the introduction of new which exclusively are T.V. and
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Chi-Square Tests
Table : 2 Value Df Asymp. Sig. (2-sided)
a
Pearson Chi-Square 14.047 9 .121
Likelihood Ratio 13.634 9 .136
Linear-by-Linear Association .475 1 .491
N of Valid Cases 300
Chi-Square Tests
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Chi-Square Tests
Table : 3
Value Df Asymp. Sig. (2-sided)
Pearson Chi-Square 4.517a 6 .607
Likelihood Ratio 4.617 6 .594
Linear-by-Linear Association
2.433 1 .119
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Chi-Square Tests
Table :4 Value Df Asymp. Sig. (2-sided)
a
Pearson Chi-Square 8.453 6 .207
Likelihood Ratio 8.647 6 .194
Linear-by-Linear Association 2.995 1 .084
N of Valid Cases 300
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Chi-Square Tests
Table :5
N of Valid Cases
300
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The table 5 of Chi-Square Tests shows different education groups (Up to 10,000,
that different products of electronic 10,000 to 20,000, 20,000 and above)
consumer retail mall have a negative have purchase different products
relation with the family structure as the (Individual, joint family and nuclear
Chi-square is 8.118. The significance family) in which all the level of family
level of 0.230indicates that this Chi- structure people are equally prefer to visit
square is statistically no significant. So ECDRM to purchase a different products.
that we reject alternate hypothesis H1, As this can be see in the table 5.
and accept null hypothesis Ho, that there 6. Chi-square between Baying
are no significant impact family structure particular brands of electronic
on purchasing different product of consumer durable to income.
electronic consumer retail mall. Ho: Income of customer
does not influence buying
As the table 5 of Cross tabulation
particular brand from ECDRM.
shows that there is no any direct relation
H1: Income of customer
with the particular product purchase from
does influence buying particular
electronic consumer durable in different
brand from ECDRM.
education group. As per the table all the
Chi-Square Tests
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S.Disagree 0 0 1 1 1 3
Total 58 94 84 50 14 300
Chi-Square Tests
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Chi-Square Tests
Table : 8 Value Df Asymp. Sig. (2-sided)
a
Pearson Chi-Square 15.836 12 .199
Likelihood Ratio 16.278 12 .179
Linear-by-Linear Association 1.964 1 .161
N of Valid Cases 300
As per the table 8 of cross
The table 8 of Chi-Square Tests
tabulation we can see that 95 and 128
shows that different age group of
people have mark on respectively
customer that does not influence
strongly agree and agree in the
satisfaction toward retail mall services in
satisfaction toward retail mall layout
ECDRM, and they have a negative
services and the result is found that age is
relation with the age and layout of
not influence on the satisfaction of the
ECDRM, as the Chi-square is 15.836.
ECDRM’s layout.
The significance level of 0.119indicates
that this Chi-square is statistically not
9. Chi-square between
significant. So that we reject alternative
education of customer and
hypothesis H1, and accept null
satisfaction toward retail mall
hypothesis H1, Age group of the people
layout.
does not influence satisfaction with the
retail mall layout in ECDRM.
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Chi-Square Tests
Table : 9 Value Df Asymp. Sig. (2-sided)
Pearson Chi-Square 4.104a 8 .848
Likelihood Ratio 4.242 8 .835
Linear-by-Linear Association .016 1 .900
N of Valid Cases 300
significant. So that we reject alternative
The table 9 of Chi-Square Tests
hypothesis H1, and accept null
shows that different education of
hypothesis H1, Education of the people
customer that does not influence
does not influence satisfaction with the
satisfaction toward retail mall layout in
retail mall layout in ECDRM.
ECDRM, and they have a negative
As per the table 9 of cross
relation with the age and layout of
tabulation we can see that 95 and 128
ECDRM, as the Chi-square is 4.104. The
people have mark on respectively
significance level of 0.848indicates that
strongly agree and agree in the
this Chi-square is statistically not
satisfaction toward retail mall layout
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services and the result is found that age is Ho: Retail mall provide
not influence on the satisfaction of the brand variety and assortment does
ECDRM’s layout. not influence that buying from
retail mall is profitable in
10. Chi-square between brand ECDRM.
variety and assortment of H1: Retail mall provide
ECDRM to the buying from brand variety and assortment does
organized retail mall is influence that buying from retail
profitable. mall is profitable in ECDRM.
Chi-Square Tests
Table : 10 Value Df Asymp. Sig. (2-sided)
a
Pearson Chi-Square 37.547 16 .002
Likelihood Ratio 29.389 16 .021
Linear-by-Linear Association 11.002 1 .001
N of Valid Cases 300
profitable for customer, and they have a
The table 10 of Chi-Square Tests
positive relation as the Chi-square is
shows that different brand variety and
37.547. The significance level of 0.002
assortment of retail mall that influence
and it is less than 0.05, so that it indicates
buying from organized retail store is
this Chi-square is statistically significant.
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So that we reject null hypothesis Ho, and 11. Chi-square between higher
accept alternate hypothesis H1, Retail prices of good means higher
mall provide brand variety and quality of product and buying
assortment does influence that buying power saving product first in
from retail mall is profitable in ECDRM. ECDRM
As per the table 10 of cross Ho: Higher price of good
tabulation we see that 77 and 133 people means higher quality of product
response on the strongly agree and agree does not influence that buying
respectively on that the retail mall power saving product first in
provide brand variety and assortment, ECDRM.
while 108 and 122 people response on H1: Higher price of good
strongly agree and agree respectively in means higher quality of product
that the organized retail mall is does influence that buying power
profitable. saving product first in ECDRM.
Table:11 TEC.F Q5
S.Agree Agree Nutral Disagree S.Disagree Total
SCB Q4 S.Agree 27 65 26 5 0 123
Agree 47 30 25 3 2 107
Nutral 22 14 3 1 1 41
Disagree 11 2 3 4 2 22
S.Disagree 4 2 1 0 0 7
Total 111 113 58 13 5 300
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Chi-Square Tests
Table : 11
Likelihood Ratio
51.815 16 .000
Linear-by-Linear Association
1.534 1 .216
N of Valid Cases
300
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Table:12 TEC.F Q6
S.Agree Agree Nutral Disagree S.Disagree Total
SCB Q4 S. Agree 54 46 16 6 1 123
Agree 31 37 30 9 0 107
Nutral 10 16 10 5 0 41
Disagree 8 7 1 5 1 22
S. Disagree 6 0 1 0 0 7
Total 109 106 58 25 2 300
Chi-Square Tests
Table : 12 Value Df Asymp. Sig. (2-sided)
a
Pearson Chi-Square 37.166 16 .002
Likelihood Ratio 36.671 16 .002
Linear-by-Linear Association 3.065 1 .080
N of Valid Cases 300
alternate hypothesis H1, higher price of
The table 12 of Chi-Square Tests
good means higher quality of product
shows that different higher price of good
does influence that feature and
means higher quality of retail mall that
technology of the product influence
influence that technology and feature of
consumer preference ECDRM.
the product, and they have a positive
As per the table 12 of cross
relation as the Chi-square is 37.166. The
tabulation we see that 123 and 107
significance level of 0.002 and it is less
people response on the strongly agree
than 0.05, so that it indicates this Chi-
and agree respectively on that Higher
square is statistically significant. So that
price of good means higher quality of
we reject null hypothesis Ho, and accept
product, while 109 and 106 people
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Chi-Square Tests
Table : 13 Value Df Asymp. Sig. (2-sided)
a
Pearson Chi-Square 43.327 16 .000
Likelihood Ratio 34.003 16 .005
Linear-by-Linear Association 17.166 1 .000
N of Valid Cases 300
services, and they have a positive relation
The table 13 of Chi-Square Tests
as the Chi-square is 43.327. The
shows that warrantee or grantee that
significance level of 0.000 and it is less
provide by the ECDRM is influence on
than 0.05, so that it indicates this Chi-
the customer satisfaction with retail mall
square is statistically significant. So that
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we reject null hypothesis Ho, and accept each other and influence on result that
alternate hypothesis H1, Warrantee or warrantee or guarantee increase that lead
guarantee of the product does influence to higher retail mall services satisfaction.
satisfaction of customer with retail mall
14. Chi-square between
services.
advertisements helps to
respectively on that satisfaction with the to purchase the product does not
retail mall services, while 113 and 93 influence layout and arrangement
result that both have a positive relation influence layout and arrangement
of the retail mall.
Chi-Square Tests
Table : 14
Value Df Asymp. Sig. (2-sided)
Pearson Chi-Square 33.707a 16 .006
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Disagree 7 2 7 6 1 23
S. Disagree 1 1 1 2 0 5
Total 89 102 76 26 7 300
Chi-Square Tests
Table : 15
N of Valid Cases
300
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Chi-Square Tests
Table : 16 Value Df Asymp. Sig. (2-sided)
a
Pearson Chi-Square 98.005 16 .000
Likelihood Ratio 100.958 16 .000
Linear-by-Linear Association 2.882 1 .090
N of Valid Cases 300
So that we reject null hypothesis Ho, and
The table 16 of Chi-Square Tests
accept alternate hypothesis H1, Cultural
shows that Cultural and religious aspects
and religious aspects influence in buying
influence in buying product influence on
does influence to purchase innovative or
the innovative or new product, and they
new product.
have a positive relation as the Chi-square
As per the table 16 of cross
is 98.005. The significance level of 0.000
tabulation we see that 75 and 151 people
and it is less than 0.05, so that it indicates
response on the strongly agree and agree
this Chi-square is statistically significant.
respectively on that Cultural and
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Table:17 TEC.F Q7
S.Agree Agree Nutral Disagree S.Disagree Total
TRU.F S.Agree 39 18 15 2 0 74
Q17 Agree 40 41 25 5 2 113
Nutral 22 19 14 6 2 63
Disagree 10 14 9 8 2 43
S.Disagree 2 1 1 2 1 7
Total 113 93 64 23 7 300
Chi-Square Tests
Table:17 Value Df Asymp. Sig. (2-sided)
Pearson Chi-Square 32.527a 16 .009
Likelihood Ratio 29.277 16 .022
Linear-by-Linear Association 18.788 1 .000
N of Valid Cases 300
As per the table 17 of Chi-Square
Tests shows that warrantee and guarantee
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that retail mall provide to the customer in neutral respectively in that warrantee and
buying product influence on the in guarantee. We find the result that both
creating trustworthiness, and they have a have a positive relation each other and
positive relation as the Chi-square is influence on result that warrantee and
32.527. The significance level of 0.009 guarantee influence in the retail mall
and it is less than 0.05, so that it indicates trustworthiness.
this Chi-square is statistically significant.
So that we reject null hypothesis Ho, and 18. Chi-square between
accept alternate hypothesis H1, promises and commitments and
Warrantee or guarantee of the retail mall satisfaction with retail mall
does influence retail mall service in ECDRM.
trustworthiness. Ho: Promises and
As per the table 17 of cross commitment does not influence
tabulation we see that 74 and 123 people satisfaction with retail mall
response on the strongly agree and agree services.
respectively on retail mall H1: Promises and
trustworthiness in purchasing from commitment does influence
ECDRM, while 113, 93 and 64 people satisfaction with retail mall
response on strongly agree, agree and services.
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Chi-Square Tests
Table : 18 Value Df Asymp. Sig. (2-sided)
a
Pearson Chi-Square 45.862 16 .000
Likelihood Ratio 35.100 16 .004
Linear-by-Linear Association 18.583 1 .000
N of Valid Cases 300
neutral respectively in that retail mall
As per the table 18 of Chi-Square
services. We find the result that both
Tests shows that the services that retail
have a positive relation each other and
mall provide to the customer in buying
influence on result that promises and
product influence by promises and
commitment from retail mall create
commitments, and they have a positive
satisfaction in customer toward retail
relation as the Chi-square is 45.862. The
mall services.
significance level of 0.000 and it is less
19. Chi-square between retail
than 0.05, so that it indicates this Chi-
mall provide variety and
square is statistically significant. So that
assortment and trust that come
we reject null hypothesis Ho, and accept
from retail mall keep best
alternate hypothesis H1, Promises and
interest of customer in
commitment does influence satisfaction
ECDRM.
with retail mall services.
Ho: Retail mall provide
As per the table 18 of cross
brand variety and assortment does
tabulation we see that 49 and 156 people
not influence trust that come from
response on the strongly agree and agree
keeping best interest of consumer.
respectively on retail mall Promises and
H1: Retail mall provide
commitment in purchasing from
brand variety and assortment does
ECDRM, while 38, 159 and 71 people
influence trust that come from
response on strongly agree, agree and
keeping best interest of consumer.
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Chi-Square Tests
Table : 19 Value Df Asymp. Sig. (2-sided)
a
Pearson Chi-Square 25.947 16 .055
Likelihood Ratio 20.830 16 .185
Linear-by-Linear Association 6.351 1 .012
N of Valid Cases 300
does influence trust that come from
As per the table 19 of Chi-Square
keeping best interest of consumer.
Tests shows that the brand variety and
As per the table 19 of cross
assortment that retail mall provide to the
tabulation we see that 77 and 133 people
customer in buying product influence in
response on the strongly agree and agree
trust that creating retail mall by keeping
respectively on retail mall provide brand
best interest of customer, they have a
variety and assortment in purchasing
positive relation as the Chi-square is
from ECDRM, while 31, 65 and 92
25.947. The significance level of 0.055
people response on strongly agree, agree
and it is not less than 0.05, but we can
and neutral respectively in that retail mall
consider 10% of precession level for this
keep best interest of customer in mind .
study, so that it indicates this Chi-square
We find the result that both have a
is statistically significant. So that we
positive relation each other and influence
reject null hypothesis Ho, and accept
on result that retail mall providing larger
alternate hypothesis H1, Retail mall
brand variety to the customer, they keep
provide brand variety and assortment
best interest of customer in mind.
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Chi-Square Tests
Table : 20 Value Df Asymp. Sig. (2-sided)
Pearson Chi-Square 5.982a 2 .050
Likelihood Ratio 6.179 2 .046
Linear-by-Linear Association 5.573 1 .018
N of Valid Cases 300
reject null hypothesis Ho, and accept
As per the table 20 of Chi-Square alternate hypothesis H1, income of the
Tests shows that the income of the consumer does affect that they purchase
customer influences in buying product in product in exchange from ECDRM.
exchange from the retail mall, they have
As per the table 20, we can see
a positive relation as the Chi-square is
that there are 178 people mark on yes
5.982. The significance level of 0.050
that they have purchase from in exchange
and it is equal to 0.05, but we can
from the retail mall, while in which 85
consider 10% of precession level for this
people have income between 10,000 to
study, so that it indicates this Chi-square
20,000. That prove that the income of the
is statistically significant. So that we
consumer have a positive relation with
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Chi-Square Tests
Table : 21 Value Df Asymp. Sig. (2-sided)
Pearson Chi-Square 8.192a 4 .085
Likelihood Ratio 8.350 4 .080
Linear-by-Linear Association .120 1 .729
N of Valid Cases 300
accept alternate hypothesis H1, organized
As per the table 21 of Chi-Square
retail mall is profitable doe’s impact on
Tests shows that the purchasing from
purchasing from ECDRM.
retail mall is profitable influence on the
As per the table 21 of cross
credit purchase from retail mall and they
tabulation show that 108 and 122 people
have a positive relation as the Chi-square
mark on strongly agree and agree
is 8.192. The significance level of 0.085
respectively on that buying from retail
and it is less than 0.10, so that it indicates
mall is profitable. While both yes and get
this Chi-square is statistically significant.
the equal response that they have
So that we reject null hypothesis Ho, and
purchase product in credit from the
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Chi-Square Tests
Table : 22 Value Df Asymp. Sig. (2-sided)
a
Pearson Chi-Square 15.762 4 .003
Likelihood Ratio 17.929 4 .001
Linear-by-Linear Association 1.684 1 .194
N of Valid Cases 300
So that we reject null hypothesis Ho, and
As per the table 22 of Chi-Square
accept alternate hypothesis H1, special
Tests shows that the special sale scheme
sale scheme does not influence layout
of the retail mall influence the retail mall
and arrangement of ECDRM.
layout and arrangement and they have a
As per the table 22 of cross
positive relation as the Chi-square is
tabulation show that 95 and 128 people
15.762. The significance level of 0.003
mark on strongly agree and agree
and it is less than 0.10, so that it indicates
respectively on that retail mall provide
this Chi-square is statistically significant.
variety and assortment. While both yes
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and get nearly equal response that they best interest of customer in
have purchase during special sales mind.
scheme. So that we can conclude that we Ho: Special cost benefit does
can conclude that any special sales not impact trust that ECDRM
scheme of retail mall changes the layout keep best interest of customer in
and arrangement. mind.
H1: Special cost benefit does
Anova Analysis impact trust that ECDRM keep
1. ANOVA between special cost best interest of customer in mind.
benefit and ECDRM keeping
ANOVA
Table : 1 Sum of Squares df Mean Square F Sig.
Between Groups 8.657 4 2.164 3.960 .004
Within Groups 161.231 295 .547
Total 169.889 299
ECDRM keep best interest of customer
As per table 1 of ANOVA show that
in mind.
special cost benefit of ECDRM have a
direct relation with the trust that retail
2. ANOVA between
mall keeping best interest of customer in
technological factors and
mind. They have positive relation as the
ECDRM is trust worthy.
ANOVA is 3.960. The significant level is
Ho: Technological factors
0.004, which is less than o.o5, so that
do not have a significant impact
ANOVA is statistically significant. So
that ECDRM is trust worthy.
that we reject null hypothesis Ho, and
H1: Technological factors
accept alternate hypothesis H1 that is
do have a significant impact that
Special cost benefit does impact trust that
ECDRM is trust worthy.
ANOVA
Table : 2 Sum of Squares df Mean Square F Sig.
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level is 0.000, which is less than 0.05, so do not have a significant impact
worthy. profitable.
ANOVA
Table : 3 Sum of Squares df Mean Square F Sig.
Between Groups 15.735 7 2.248 2.326 .025
Within Groups 282.251 292 .967
Total 297.987 299
As per table 3 of ANOVA show that hypothesis H1 that is Promotional factors
promotional factors of ECDRM have a do have a significant impact buying from
direct relation with that buying from ECDRM is profitable.
ECDRM is profitable. They have positive
4. ANOVA between social-
relation as the ANOVA is 2.248. The
culture factors and buying
significant level is 0.025, which is less
from ECDRM is trustworthy.
than 0.05, so that ANOVA is statistically
Ho: Social-culture factors
significant. So that we reject null
do not have a significant impact
hypothesis Ho, and accept alternate
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ANOVA
Table : 5 Sum of Squares Df Mean Square F Sig.
Between Groups 25.241 11 2.295 2.242 .013
Within Groups 294.759 288 1.023
Total 320.000 299
As per table 5 of ANOVA show that friend and family member involve in
customer have a direct relation with that the ANOVA is 2.242. The significant
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ANOVA
Table : 6 Sum of Squares Df Mean Square F Sig.
Between Groups 32.716 4 8.179 7.930 .000
Within Groups 304.254 295 1.031
Total 336.970 299
The different product that
As per table 6 of ANOVA show that consumer purchase from retail mall does
satisfaction toward ECDRM has a direct not influence by different demographical
relation with that trust toward retail mall. factor like age, occupation, education,
They have positive relation as the income, family structure of the people.
ANOVA is 2.242. The significant level is Buying particular brand of the
7.930, which is less than 0.000, so that product is influence by the income; mean
ANOVA is statistically significant. So those have a higher income they prefer to
that we reject null hypothesis Ho, and particular brand to purchase the product
accept alternate hypothesis H1 that is from the retail mall.
Satisfaction with retail mall does have
Sales scheme of the electronic consume
significant impact of trust toward retail
durable retail mall increase customer
mall.
satisfaction toward retail mall services;
Findings of the Study mean that higher sale scheme increase
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satisfaction of customer toward retail this types of extra services create trust
services. toward retail mall.
Education and age of the people Layout and arrangement of the
who purchase the electronic consumer retail mall is an advertisement tool for
durable product from the retail mall does electronic retail mall and that help
not influence the satisfaction toward customer in purchasing product from the
retail mall layout and arrangement; mean retail mall.
that layout and arrangement satisfaction Family, friend cultural and
will not change according to change in religious aspect greatly impact on the
age and education. way in which individual purchase or
Retail mall provide brand variety adopt innovative and new product from
and assortment for the consumer that electronic consumer durable retail mall.
have a positive relation with buying from Promises and commitment is
the retail mall is profitable; meant that given by retail mall is increase customer
retail mall provide variety and assortment satisfaction level toward retail mall
that increase profitability of the services; mean how far the retail mall
customer. able to promise and commitment is
Higher piece of good mean higher directly lead to the customer satisfaction
quality product has direct positive toward retail mall services.
relation with the people prefer power Retail mall provide variety and
saving product and feature and assortment to the customer that increase
technology of the product influence the trust of the customer that they keep
consumer preference; mean that customer best interest of the customer in the mind.
believe that higher price mean the Income of the customer greatly
product in power saving and has good impact on that the individual purchase
feature and technology. product from the retail mall in exchange
Warrantee and guarantee provide offer; mean that different income level of
by retail mall increase customer toward the customer affect on way in which
retail mall service satisfaction, as well
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people purchase product from the retail promises and commitment are
mall. considerable for the customer for a trust,
Purchasing from the retail mall on so that retail mall should give warrantee
credit has direct relation with that and guarantee to attract the customer and
purchasing from the retail mall is to fulfill the customer requirement.
profitable; mean that people believe that Electronic consumer durable
credit facility of the retail mall is product is more competitive for retail
profitable for the customer. because generally customer purchasing
There is positive relation with product from regular unorganized shop,
special sale scheme and the layout and so that they have to make a special sale
arrangement of the electronic consumer scheme that increase customer saving
durable retail mall; mean people believe and looking profitable for them.
that the retail mall layout and To make success of the retail mall
arrangement reflect the special sale the manager should have to looking to
scheme. make the customer loyal that plead
positive word of mouth for the store and
Recommendation create image in the mind of the customer.
Customer more looking on the Advertisement of the store is very
facility provide by retail mall to them much important and w found that the
like credit facility, providing brand layout and arrangement of the product in
varieties, giving exchange offer, the retail mall is best advertisement
providing technological product and source for them to sale the product, but
giving special cost benefit more attract they also have to concentrate to attract
customer toward retail mall in purchasing customer toward retail mall by other
product, so that keep it best that give advertisement like outdoor publication is
customer more satisfaction and make best sources to give know about the
them loyal toward retail mall purchasing. ECDRM.
Customer looking for services The customers are becoming king
like warrantee and guarantee and as they have a whole lot of choices. So
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the companies should try to be cost quality are going to the successful one.
effective and pass on the saved amount to Prom-optional activities are also going to
the customer. play an important role that should to be
Retail mall employees are still the for consumers.
place to buy electronic consumer durable So that it important to understand
product. So they should focus on the factor that influence customer in
employees also who is also helping purchasing consumer durable product
customer in purchasing product. from the retail mall.
The retail mall should try to
launch new products after through Limitation
research of the consumers as they are Survey is conducted by
becoming more dynamic day by day. considering the time constraint. Sample
size during this time may not be
Conclusion adequate. It is difficult to be precise
The retail industry is going to be about the most appropriate sample size
more competitive in the near future. The for conducting such research. However,
profit margins are going down over the we expect follow-up studies to expand
year on year. And will be continuing the the sample range so that the relevant
pattern for the few years more also research might be more representative.
because it is in growth stage in it life Due to subjectivity and beliefs of
calycle in India. So the main mantra for consumers, some answers of the
the companies to be successful is to questionnaire may differ from the reality.
satisfy the consumers and develop brand On the other hand, the topic
image and brand loyalty amongst them. discussed in this study is still developing
So it has become very necessary for the at present, it is hoped to be continually
consumers to understand the Indian explored with the addition of other
consumers very well. So in the future the external as well as internal factors
retailers who come up with new products affecting consumer preference toward
at competitive prices and with good consumer durable in retail mall.
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Thus, we propose that much research is [8] Indu P, and Vivek Gupta, "Marketing
strategies of Harley Devidsm," Cse
needed to discover the effects of different
Folio, The IcfaiJurnal of management
product characteristics on customer retail case studies, sep. 2007.
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of emerging markets," case folio, The
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[13] Anta and D Pradeep Kumar, [21] Anand S, and Krishna R, (2008)
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Annexure
Questionnaire
As per my curriculum of MBA (Marketing) from CPIMR, Ahmedabad, I have undertaken a grand project
for knowing factors affecting decision making regarding electronics consumer durable. To know your views
regarding your buying decision, please spend your valuable time for responding to the following questions:
1) Which product do you have purchased within last six month?
A/C TV
Home Theater Refrigerator
Technological Factors:
5) Do you consider power saving product to purchase first?
Strongly Agree 1 2 3 4 5 Strongly Disagree
Promotional Factors:
8) How far the advertisements help to purchase the product?
Helpful 1 2 3 4 5 Unhelpful
9) Do you buy a product from retail mall on credit?
Yes No
10) Do you have bought anything in exchange offer?
Yes No
11) Do you purchase during any special sales scheme from organized retail?
Yes No
Social-Culture Factors:
12) How friend and family member involve in your buying?
Involve 1 2 3 4 5 Not involve
13) How far cultural and religious aspect influence your buying decision
Influence 1 2 3 4 5 Not Influence
14) Do you purchase innovative or new product?
Strongly Agree 1 2 3 4 5 Strongly Disagree
Trust Factors:
15) I trust this retail mall because they keep my best interest in mind?
Strongly Agree 1 2 3 4 5 Strongly Disagree
16) This retail mall is that keeps promises and commitments.
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Personal Details:
Name: __________________________________________________________________
Age: 18-25 25-35 35-45 45 & Above
Occupation: Job Business Others
Education: Undergraduate Graduation Post graduation
Income: up to 10,000 10,000 to 25,000 25,000 and above
Family structure: Individual Joint Family Nuclear Family