increasing awareness of indian consumers

Upload: sreelal-g-pillai

Post on 06-Apr-2018

219 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/3/2019 Increasing Awareness of Indian Consumers

    1/21

    CONSUMER

    BEHAVIORPresentation By : ABEESH

    AKHILA

    JITHIN

    RAGI

    SHEFI

    SREELAL

    THE SIXERS

  • 8/3/2019 Increasing Awareness of Indian Consumers

    2/21

    Increasing Awareness

    Of Indian Consumers

    Marketing Strategies

    Changing Trends In Indian Consumer

    Behavior

    Consumer Spending Behavior

  • 8/3/2019 Increasing Awareness of Indian Consumers

    3/21

    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

  • 8/3/2019 Increasing Awareness of Indian Consumers

    4/21

  • 8/3/2019 Increasing Awareness of Indian Consumers

    5/21

    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.

  • 8/3/2019 Increasing Awareness of Indian Consumers

    6/21

  • 8/3/2019 Increasing Awareness of Indian Consumers

    7/21

    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.

  • 8/3/2019 Increasing Awareness of Indian Consumers

    8/21

    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.

  • 8/3/2019 Increasing Awareness of Indian Consumers

    9/21

  • 8/3/2019 Increasing Awareness of Indian Consumers

    10/21

    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.

  • 8/3/2019 Increasing Awareness of Indian Consumers

    11/21

  • 8/3/2019 Increasing Awareness of Indian Consumers

    12/21

    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.

  • 8/3/2019 Increasing Awareness of Indian Consumers

    13/21

  • 8/3/2019 Increasing Awareness of Indian Consumers

    14/21

    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

  • 8/3/2019 Increasing Awareness of Indian Consumers

    15/21

  • 8/3/2019 Increasing Awareness of Indian Consumers

    16/21

    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

  • 8/3/2019 Increasing Awareness of Indian Consumers

    17/21

    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.

  • 8/3/2019 Increasing Awareness of Indian Consumers

    18/21

    Automobile : Audi

    Cosmetics : Garnier

    Clothings : Reid & Taylor

    Food : KFC

  • 8/3/2019 Increasing Awareness of Indian Consumers

    19/21

    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%

  • 8/3/2019 Increasing Awareness of Indian Consumers

    20/21

    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

  • 8/3/2019 Increasing Awareness of Indian Consumers

    21/21

    Always Remember, Customer is the KingThey dont depend on us. We are depending on Them