BER Report
BER Report
Section: Sparta
Name USN
Basavraj Desai 2019MBA189
Harsh Betala 2019MBA210
Pallavi Deshpande 2019MBA230
Satyanarayan Hegde 2019MBA258
Vaishnavi Obaleppanavar 2019MBA274
Contents
Executive summary/ Abstract.............................................................................................................2
Background..........................................................................................................................................2
Problem Definition –...........................................................................................................................3
Statement of the problem....................................................................................................................4
Research Objectives............................................................................................................................4
Significance of the Study -...................................................................................................................5
Scope of the Study -.............................................................................................................................5
Limitations of the Study -...................................................................................................................5
Literature Review................................................................................................................................6
Research design...................................................................................................................................9
Population to be studied:...............................................................................................................10
Sample Size: The substantial portions of the target customer that are sampled to achieve reliable
result are 50.....................................................................................................................................10
Source of Data................................................................................................................................10
Collection Technique:....................................................................................................................10
Questionnaire.....................................................................................................................................10
Background
Consumer buying decision is a process that involves different steps like the
recognition of need, search for the information, evaluation of alternatives,
selection and in the last post purchase behaviour. There are lots of factors which
affect the consumer behaviour and those factors lead him towards purchasing.
In this research paper we will see the impact of branding on consumer
behaviour means the factors of consumer behaviour which helps him/her to
choose a particular brand according to his need and choice. Globalization leads
the entire world to become one market. Whole world led to becoming single
Universal community to serve different cultures. With the increase in global
competition, the company’s focus to serve local markets has find themselves at
a disadvantage and loosing competitive edge that they so much strived to
achieve.
This all led to decline the importance in national borders and more
emphasis on what the consumers actually demand. From consumers’ point of
view, the reaction toward global brands seem differently among different
people. On one hand consumers appraise global brands as their status symbol
and on other hand globally known brands are criticized to threatening national
customs by imposing their culture that’s led to loss of cultural identity.
O’Cass said that due to the globalization, competition is increased and
every time innovation is needed for making the brands globally known and for
maintaining their status. For every brand to be successful, brand identity and
recognition is very important. Now people perceive the brands as their
recognition, achievement, and status symbol. On the other hand, Woods
explained that consumers are emotionally attached to different brands of their
choice. Like if the brand ambassador of a brand is favourite celebrity of a
consumer. He will buy that product because if he will also want to look like his
favourite personality. So celebrity branding is basically leads to arousal of
emotions and we can say that branding influence the behaviour of consumers
and consumers behave in response according to various dimensions of
consumer behaviour. So here we will examine those dimensions of consumer
behaviour which influence them in selecting a branded product and impact of
brands on consumer behaviour. We will try to explicit the relationship between
branding and consumer buying behaviour. Organizations start to do business in
order to gain money in terms of profitability which is exceed of income then
their expenses utilize in the business when organization start business they
think for the whole scenario of consumer purchase behaviours with intention to
gain more income and growth than the competitors so they create a long term
bond with consumers in the shape of brands that will take the organization
towards success and higher profit margins also results in strong market position.
People perceive the brands differently according to their preferences and
sometimes may be depends on past experiences and their decisions are directly
or indirectly related to these perspectives.
Problem Definition –
Brand image possibly affects how consumers perceive the brand and hence their
purchasing behaviour. There may be products on the market with similar quality
and design. However, the specific brand image attached on a product may
differentiate itself from the others
Consumers have their attributes and forces behind before and during the process
of purchasing branded goods/product. If customers trust a brand quality, it
makes a positive connection to the brand and customers will have a reason to
become a loyal to the brand. Loyalty and trust of the customers is very
important for a company because it reduces the chance of attack from
competitors (Aaker, 1996). In this increasable competitive market, companies
are attempting to gain better position for them by becoming more customer-
oriented (Hartmann, 2007). Companies are facing wider range of competitors
who offer a similar product to same customers at different prices (Kotler, 2005).
Usually most of products lack differentiation, competitors and potential
competitors are also like to copy what the leading company does. Usually we
get information and knowledge during our life. This depends on our judgment
and beliefs. As things like education, work and other factors have a continuous
influence on human life. Human judgment and beliefs change over time. A good
strategy differentiates company brand to other competitor’s brands. The
intention to offer marketing package for consumer benefits by a marketer is to
win the competition by creating new and decisive consumer value.
Research Objectives
• General objectives -
The general objective of this study is to focus on influence of branding on
consumer buying behaviour. This study intends to find out if consumer buying
behaviour is influenced by factors such as premium price of branded goods,
perceived quality of branded goods, societal status and brand name associated
with the consumption of brand.
• Specific Objectives -
Within this paper, the specific objectives of the research were to reveal
I) the importance of branding when it comes to consumers’ buying decision
II) the importance of branding when assessing the perceived risk associated
with the purchase.
Literature Review
1) According to Impact of Branding on Consumer Buying Behavior: An
Evidence of Footwear Industry of Punjab, Pakistan written by
Muhammad Ashraf, Madiha Naeem, Mehwish Shahzadi
International Journal of Academic Research in Business and Social Sciences 7
(7), 592-603, 2017
Purpose–
This paper is to examine the relationship between consumer buying behaviour
and some marketing variables namely advertisement, brand image, brand
association and brand loyalty in footwear industry. The primary focus of this
paper is to understand impact of branding on consumer buying behaviour in foot
wear industry.
Research design
Research design specifies the methods and procedures for conducting a
particular study. A research design is the arrangement of conditions for
collection and analysis of the data in a manner that aims to combine relevance
to the research purpose with economy in procedure. Research design is broadly
classified into three types as:
• Exploratory Research Design
• Descriptive Research Design
• Causal Research Design.
The type of research we have done is Descriptive Research.
Descriptive research is defined as a research method that describes the
characteristics of the population or phenomenon that is being studied. This
methodology focuses more on the “what” of the research subject rather than the
“why” of the research subject.
Population to be studied:
We have considered samples amongst all the youth who are well aware about
the online shopping.
The sampling process and plan: The sampling process adopted is simple random
sampling, since every item in the population as an even chance of being selected
as a sample.
Sample Size: The substantial portions of the target customer that are sampled to
achieve reliable result are 50.
Source of Data
The study was conducted by the means of personal interview with respondents
and the information given by them were directly recorded on questionnaire.
For the purpose of analysing the data it is necessary to collect the vital
information. There are two types of data, this are-
• Primary Data
• Secondary data
Collection Technique:
Questionnaire
Name
________
Gender
o Male
o Female
o Prefer not to say
How much do you agree that social media will help you in acquiring info about the
fashion brand
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