increasing awareness of indian consumers
TRANSCRIPT
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CONSUMER
BEHAVIORPresentation By : ABEESH
AKHILA
JITHIN
RAGI
SHEFI
SREELAL
THE SIXERS
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Increasing Awareness
Of Indian Consumers
Marketing Strategies
Changing Trends In Indian Consumer
Behavior
Consumer Spending Behavior
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Marketing Strategies
Online Marketing
Currently, the products Indian consumers arebuying through online are greeting cards, clothes,CDs/VCDs/DVDs, cassettes, books, magazines,medicine and educational material.
The popular online shops in India
www.ebay.in
www.shopping.rediff.com
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Marketing Strategies
Celebrity Influence
With the visual media becoming more popularthe use of celebrities in the TV media hasincreased.
Famous celebrities are able to attract attentionand retain attention by their mere presence inthe advertisements.
Celebrities may also help reposition products.
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Marketing Strategies
Quality Oriented Outlets
Indian consumers looking for quality chooseexpensive brands as they feel that price is anindicator of quality Indian consumers looking forquality choose expensive brands as they feel that
price is an indicator of quality.consumers are likely to take cues from well
established retail outlets hoping that these outletscarry quality products.
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Marketing Strategies
Freebies
Indian consumer buying behavior isinfluenced by freebies.
TVs, washing machines,
refrigerators, and ready madeclothes are some of the productcategories in which freebies are
given to Indian consumers.
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Marketing Strategies
Eco-Friendly ProductsThe environmental awareness in India has
started affecting marketing of products basedupon their eco-friendliness.
Consumers in India are taking lead inprompting manufacturers to adopttechnologies to produce eco-friendlyproducts.
Balancing environmental concerns withcommercial considerations.
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Changing Trends In Indian Consumer
Behavior
Bulk Purchasing
Urbanization is taking place in Indiaat a dramatic pace and is influencingthe life style and buying behavior of
the consumers.
Bulk purchases from hyper storesseems to be the trend these days.
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Changing Trends In Indian Consumer
Behavior
Trendy Lifestyles
The current urban middle and upper class Indian consumerbuying behavior to a large extent has western influence.
There is an increase in positive attitude towards western
trends. The Indian consumer has become much more open-minded and experimental in his/her perspective.
Beauty parlors in cities, eateries, designer wear, watches, hi-tech products are a few instances which reflect these changes
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Changing Trends In Indian Consumer
Behavior
Foreign brands have gained wide consumer
acceptance in India, they include items such as:Beverages Packed food
Ready to eat food Pre-cooked food
Canned food Personal care products
Audio/video products Garment and apparel
Footwear Sportswear
Toys Gift items
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Changing Trends In Indian Consumer
Behavior
Buyers Market In The Making
The sellers market is slowly movingtowards becoming the buyers market.
Indian consumers have always preferredforeign goods and with the liberalization,they now have a choice of foreignproducts vis--vis the local products.
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Automobile : Audi
Cosmetics : Garnier
Clothings : Reid & Taylor
Food : KFC
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Changing Trends In Indian Consumer
Behavior
Consumer Spending Behavior
Increased from us$133.60-350.74%
F&B fallen from us$ 54.07-44.8%
Increased for medical and healthcareus$3.5-8.5%
Spend on transport and
communication grown by 13.2%
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RURAL URBAN
EXPENDITURE 12.34 25.53
FOOD 6.78 10.00
NON FOOD 5.56 13.53
CEREAL&CEREALSUBSTITUTE
2.25 2.37
MILK AND MILKPRODUCT ,EDIBLE OIL
2.37 2.16
OTHERS 2.16 3.67
FUEL AND LIGHT 1.11 2.11
CLOTH AND FOODWEAR
1.00,3.45 1.65
In US Dollars
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Always Remember, Customer is the KingThey dont depend on us. We are depending on Them