A PROJECT REPORT ON CONSUMER BEHAVIOUR” TOWARDS BIG BAZAAR AND OTHER RETAIL OUTLETS Submitted By: AGRIM MATHUR Roll no: 2K22/UMBA/14 Under the Guidance of: Assistant Professor - SHUBHAM SINGHANIA USME(DTU) In Partial Fulfillment of the Requirements for the Degree of Master of Business Administration (MBA) University School of Management and Entrepreneurship Delhi Technological University Vivek Vihar Phase 2, Block E, Delhi110095 1 Certificate This is to certify that the Project Report titled “CONSUMER BEHAVIOUR” Towards BIG BAZAARAND OTHER DIFFERENT BRANDis a bonafide work carried out by AGRIM MATHUR of MBA 2022-24 and submitted to Shubham Singhania, Delhi Technological University, in partial fulfillment of the requirement for the award of the Degree of Masters of Business Administration. Signature of Guide Signature of Head (USME) Place: Seal of the Head 2 DECLARATION I Agrim Mathur, student of MBA 2022-24 of Delhi Technological University, declare that Research Project on “CONSUMER BEHAVIOUR” Towards BIG BAZAAR AND OTHER DIFFERENT BRAND” submitted in fulfilment of Degree of Masters of Business Administration is the original work conducted by me. The information and data given in the report is authentic to the best of my knowledge. This Report is not being submitted to any other University for award of any other Degree, Diploma and Fellowship. Date: Signature: 3 ACKNOWLEDGEMENT I would like to express my profound gratitude and indebtedness to those who have assisted me towards the successful execution and completion of my project report. The project wouldn‘t have seen the light of the day without the help and guidance of many people. I take an opportunity to convey my deepest gratitude to all those individuals. I feel highly obliged and indebted to my guide Shubham Singhania for not only providing all the moral and organizational support but also for inspiring encouragement during the course of this work. Without whose help it wouldn‘t have been possible for me to accomplish this task on time. I owe my special regard to my mentor Shubham Singhania to help me out in giving the relative information and guidance throughout. I would like to thank (USME), for giving the opportunity to put to practice, the theoretical knowledge that has been imparted through the program. I would like to thank my parents and friends who have been with me and offered emotional strength and moral support. Sincerely, AGRIM MATHUR 4 EXECUTIVE SUMMARY Research in common man’s language refers to a search for knowledge. One can also define research as a scientific and systematic search for pertinent information on a specific topic, in fact research is an art of scientific investigation. Research is done to gain familiarity with a phenomenon event / product / service or to determine the frequency with which something occurs, with which is associated with something else or to test a hypothesis of casual relationship between variables. In short customer perception research is the objective and formal process of systematically obtaining, analyzing and interpreting the data for actionable decision making in customer perception towards an organization (Big Bazaar, in my study). The basic objective of this study is to analyze the customer perception towards Big Bazaar in my area. Research was carried out for nearby customers who were main targets for this study. Customers were asked about their perception towards Big Bazaar 5 TABLE OF CONTENTS TITLES CERTIFICATE PAGE NO. 2 DECLARATION 3 ACKNOWLEDGEMENT 4 EXECUTIVE SUMMARY 5 1. INTRODUCTION 7 2. LITERATURE REVIEW 12 3. OBJECTIVE OF STUDY 21 4. METHODOLOGY 23 4.1 DATA SOURCES 24 4.2 VARIABLES 24 4.3 TECHNIQUE USED FOR MULTIPLE REGRESSION 25 5. DATA ANALYSIS AND INTERPRETATION 27 6. CONCLUSION 41 7 LIMITATION 43 8. REFERENCES & BIBLIOGRAPHY 45 8.1 REFERENCES 45 8.2 BIBLIOGRAPHY 46 6 Chapter -1 INTRODUCTION 7 INTRODUCTION: Marketing is the moving and exciting activity in everybody activities. The sellers, distributors, advertising agencies, consultants, transporters, financers, store agencies and every one as a counter are part of the marketing system. Any exchange process be it consumer, goods, intermediary goods, services of ideas, comes under the preview of marketing. It is very often regarded that the development of markets and marketing is synonymous with the economic development of account. Through marketing is an action discipline. In the evergrowing corporate world, marketing is being regarded as a crucial element for the success of an Enterprise. The marketing discipline is undergoing fresh re appraisal in the light of the vast global, technological, economic and social challenges facing today’s companies and countries. Marketing at its best is about value creation and raising the world’s living standards. Today’s winning companies are those who succeed most in satisfying, indeed delighting their target customers. Philip Kotler has therefore defined marketing as “it is a social and managerial process by which individuals and groups obtain what they need and want through creating, offering and exchanging products of values with others”. INTRODUTION TO CONSUMER BEHAVIOR: One thing that we have in common is that we all are consumers. In fact everybody in this world is a consumer. Every day of our life we are buying and consuming an incredible variety of goods and services. However, we all have different tastes, likes, dislikes, and adopt different behavior patterns while making purchase decisions. 8 The term consumer behavior refers to the behavior that consumers display in searching for purchasing using evaluation and disposing in searching for purchasing using evaluating and disposing of products and services that they exact will satisfy o how individuals make decisions to send their available resources (time, money and effort) on consumption related items. It includes the study of “What they buy”, ”Why they buy”, “When they buy it”, “Where they DETAILED MODEL OF FACTORS INFLUENCING CONSUMER BEHAVIOR Cultural Factors Culture Social Factors Reference groups Sub Culture Family Social Class Roles & Status Personal Factors Age and Life Cycle Occupation Economic Circumstances Lifestyle Personality and Self Concept Psychological Factors Motivation Perception Learning Beliefs and Attitudes 9 Buyers CULTURAL FACTORS: Culture: Culture is the most fundamental determinant of a persons wants and behavior like set of values, perceptions, preferences and behaviors through his or her family member. Subculture: social classes are relatively homogeneous and enduring divisions in a society which are hierarchically ordered and whose members shares similar Values, interest and behavior and social classes includes upper class, middle class and lower class. SOCIAL FACTORS: References Groups: A persons reference groups consist of all the groups that have a direct (face to face) are indirect influence on the persons altitude or behavior. This group to which the person, belongs and interacts. Personal Factors: A consumer decision also influenced by personal characteristics notably the buyers age & life cycle stage, occupation, economic circumstances, life style and personality and self-concept. PSYCHOLOGICAL FACTORS: Motivation: A person has many needs at any given time. Some needs are biogenic. They arise from psychological states of tension such as hunger, tryst and discomfort. Perception: Perception is defined ass “the process by which an individual selects, organizes, intercepts, information, inputs to create a meaningful picture of the world 10 CHAPTER – 2 LITARATURE REVIEW 11 LITARATURE Review/CONSUMER BEHAVIOUR: What is consumer behavior? Activities people involved in when selecting, purchasing, and using products so as to satisfy needs and desires. Consumer behavior involves the psychological process that consumers go through in recognizing needs, finding ways to solve these needs, making purchase decision (e.g., whether or not to purchase a product and, if so, which brand and where), interpret information, make plans, and implement these plans (e.g., by engaging in comparison shopping or actually purchasing a products). SOURCES OF INFLUENNCE OF THE CONSUMER: The consumer faces numerous of influence. Often, we take cultural influences for granted, but they are significant. An American will usually not bargain with a storeowner. This, however, is common practice in much of the world. Physical factors also influence our behavior. We are more likely to buy a soft drink when we are thirsty. For example, and food manufacturers have found that it is more effective to advertise their products on radio in the late afternoon when people are getting hungry. A person’s self image will also tend to influence. what he/she will buy. An upwardly mobile manager may buy a flashy car to project an image of success. Social factors also influence what the consumers buyoften, consumers seek to imitate others whom they Admire, and may buy the same brands, the social environment can include both the mainstream culture (e.g., Americans are more likely to have corn flakes/ham and eggs for brake past than to have rice, which is preferred in many Asian countries) and a sub culture (e.g., rap music often Appeals to a segment within the population that seeks to distinguish itself from the main stream population). Thus sneaker manufacturers 12 are eager to have there products worn by admired athletes. Finally, consumer behavior is influences by learning – you try a hamburger and learn that it satisfies your hunger and tastes good, and the next time you are hungry, you may consider another hamburger. DECISION-MAKING INVOLVE SEVERAL STEPS 1.Need recognition 5.Purchase evaluation 2. Information search 4.Purchase decision 3. Evaluation of alternatives Problem recognition – you realize that something is not as it should be. Perhaps, for example, your car is getting more difficult to start and is not accelerating well. Information search- what are some alternative ways of solving the problem? You might buy a new car, buy a used car, take your car in for repair, ride the bus, ride a taxi, or ride a skateboard to work. A customer can obtain information from several sources: Personal sources: family, friends, neighbors etc. Commercial sources: advertising, sales forces retailers, dealers, 13 Packaging, point-of sale displays. Public sources: news papers, radio, television, consumer organizations, special magazines. Experimental sources: handling, examining, using the product Internal and external search for information to make a decision Internal search: Scan memory. External search: shopping, personal sources, public media, Advertisements Evaluation of alternatives: A skateboard is inexpensive, but may be ill-suited for long distances and for rainy days. Purchase stage, and sometimes a post-purchase stage (e.g., you return a product to the store because you did not find it satisfactory), in reality, people may go back and fourth between the stages. For example, a person may resume alternative identification during while evaluating already known alternatives. The decision maker(s) have the power to determine issues such as: Whether to buy? Which product to buy? Which brand to buy? Where to buy it? And BUYER BEHAVIOUR – CULTURAL FACTORS 14 Cultural factors have a significant impact on customer behavior. Cultural is the most basic cause of a person’s wants and behavior. Growing up, children learn basic values, perception and wants from the family and other important group. Marketing are always trying to spot “cultural shift’” which might point to new products that might be wanted by customer or to increased demand. For example, the cultural shift towards greater concern about health and fitness has created opportunities (and now industries) servicing customers who wish to buy: Low calorie foods Health club memberships Exercise equipment Activity or health- related holidays etc. Similarly the increased desire for “leisure time” has resulted in increased demand for convenience product and service such as microwave ovens, ready meals and direct marketing service businesses such as telephone banking and insurance. Each culture contains “sub-cultures” – groups of people with shared values. Subcultures can include nationalities, religions, racial groups, or group of people sharing the same geographical location. Sometimes a sub-culture will create a substantial and distinctive market segment of its own. BUYER BEHAVIOUR – SOCIAL FACTORS: Introduction: A customer’s buying behavior is also influenced by social factor, such as the group to which the customer belongs and social status. In a group, several individuals may interact to influence the purchase decision. The typical roles in such a group decision can be summarized as follows: 15 Initiator: the people who first suggest or think the idea of buying a particular product or service. Influence: a person whose view or advice influences the buying decision. Decider: the individual with the power and/or financial authority to make the ultimate choice regarding which product to buy. Buyer: The person who concludes the transaction. User: The person (persons) who actually uses the product or service. INDIVIDUAL FACTORS THAT SHAPE BUYER BEHAVIOUR PROCESS HIGH INVOLVEMENT Extensive problem-solving (EPS) LOW INVOLVEMENT Limited problem solving (LPS) Reutilized response behavior (RRB) The various purchase influence factors are as follows: Personal Social Cultural Culture Reference Age and life cycle stage Motivation groups Sub culture Family Social culture Roles and status Psychologic al Occupation Perception Learning Economic situation 16 Beliefs and attitudes Buyers CULTURAL FACTORS Cultural factors exert a broad and deep influence on consumer behavior. The marketer needs to understand the role played by the buyer’s culture, subculture, and social class. Culture The set of basic values, perceptions, wants, and behaviours learned by a member of society from family and other important institutions, Subculture A group of people with shared value systems based on common life experiences and situations. Social classes Relatively permanent and ordered divisions in society whose members share similar values, interests, and behaviors. SOCIAL FACTORS A consumer’s behavior also is influenced by social factors, such as the consumer’s small groups, family, and social roles and status. Groups Two or more people who interact or accomplish individual or mutual goals. Family 17 A family is a domestic group of people, or a number of domestic groups linked through descent (demonstrated or stipulated) from blood relation, marriage or adoption. Roles and status A person belongs to many groups- family, clubs, organisations. The person’s position in each group can be defined in terms of both role and status. PERSONAL FACTORS A buyer’s decisions also are influenced by personal characteristics such as the buyer’s age and life cycle stage, Occupation, economic situation, lifestyle, and personality and self-concept. Age and life-cycle stage People change the goods and services they buy over their lifetimes. Tastes and preferences changes as lift-cycle goes. Personality and self concept A person’s distinguishing psychological characteristics that lead to relatively consisting and lasting responses to his or her own environment. PSYCHOLOGICAL FACTORS A person’s buying choices are further influenced by four major psychological factors: motivation, perception, learning, and attitudes. Motivation 18 A need that is sufficiently pressing to direct the person to seek satisfaction of the need. Perception The process by which people select, organize, and interpret information to form a meaningful picture of the world. Learning Changes in an individual’s behavior arise from experience. 19 CHAPTER -3 OBJECTIVE OF STUDY 20 OBJECTIVES OF THE STUDY: The main objective is to determine the current consumer behavior levels of the customers with regards to Big Bazaar. • To study and analyze consumer shopping behavior towards Big Bazaar. • To assess the behavior level of different type of customers shopping at Big Bazaar. • To identify what type of strategies are suitable for the company to reach the targeted customers. • To find out the factors which influence the consumption of the products in Big Bazaar. • To identify effective a advertising sources which are influencing customer purchasing behavior at Big Bazaar. 21 CHAPTER -4 RESEARCH METHODOLOGY 22 RESEARCH METHODOLOGY The survey technique is intended to secure one or more items of information from a sample of respondents who are representatives of a larger group. The information is recorded on a form known as questionnaire. As data are gathered by asking questions from persons who are believed to have desired information, the method is known as questionnaire technique. REASONS FOR WIDE USE OF THIS METHOD: • It can secure both quantitative and qualitative information directly from the respondents. • It is the only method of directly measuring attitudes and motivations. • It is quite flexible in terms of the types of data to be assembled, the method of collection or the timing of research. Meaning of Research According to D. Shlesinger and M. Stephenson in the Encyclopedia of social sciences define research as “the manipulation of things, concepts or 23 symbols for the purpose of generalizing to extend, correct or verify knowledge, whether that knowledge aids in construction of theory or in the practice of an art”. TYPES OF RESEARCH 1. Exploratory Research, 2. Descriptive Research. Exploratory Research: Exploratory research studies are also termed as formulate research studies. The main purpose of such studies in that of formulating a problem for more precise investigation or of developing the working hypothesis forms an operational point of view. Descriptive Research: Diagnostic Research studies determine the frequency with something occurs or its association with something else. In this project, information pertaining to customer needs satisfaction and their demographic profile was collected; hence it is a descriptive research. 1) Primary data: 24 Meaning: Primary sources of data are the data which needs the personal efforts of collect it and which are not readily available. Primary source of data are the other type of source through which the data was collected. Following are few ways in the data was collected: 1. Questionnaires: It is the set of questions on a sheet of paper was being given to the of fill it, bases on which the data was interpreted. 2. Direct interviewing: Direct interviewing involved the process where I asked the questions directly to the customers and I got the feedback. 2) Secondary data: Secondary sources are the other important sources through which the data was collected. These are the readily available sources of the data where one had need not put much effort to collected, because it is already been collected and part in an elderly manner by some researcher, experts and special. The secondary sources helpful for the study were 1) Text books like marketing management research methodology Advertisement and sales promotion etc. 2) Internet was made use for the collection of the data. 3) News papers were also referred. 4) Business magazines were referred. 25 3) Sample size: By using convenient sampling technique 30 respondents are selected for the purpose of the study. 4) Research approach: The survey method was adopted for collected the primary data. Survey research is systematic gathering of data from respondent through questionnaire. 26 CHAPTER -5 DATA ANALYSIS AND INTERPRETATION 27 CONSUMER BEHAVIOR QUESTIONAIRE Q1. How do you come to know about Big Bazaar? Promotion No. of Customers Percentage (%) Advertisement 80 80 Colleagues references 12 12 Friends/Relatives references 4 4 Any other specify 4 4 Total 100 100 4% 4% 12% Advertisement Colleagues references Friend/Relatives references Any other 82% INTERPRETATION: From the above study 80% of respondents from Advertisement, 12% of respondents from Colleagues and 4% of respondents from Friends/Relatives Remaining 4% of respondents from others. Q2. How frequently do you visit Big Bazaar? 28 Particulars No. of Customers Percentage (%) Once in a week 30 30 Twice in a week 43 43 Once in every 15 days 15 15 Once in a month 12 12 Total 100 100 45% 40% 35% 30% 25% 20% 15% 10% 5% 0% 43% 30% No. of respondents 15% Once in a week Twice in a week 12% Once in every 15 days Once in a month INTERPRETATION: From the above study,30% of respondents from once in a week, 43% of respondents from twice in a week and 15% of respondents from every 15 days Remaining 12% of respondents from every month. CHI – SQUARE TEST: The above analysis is also analysed with the chi – square test to find the dependency between no of visits to Big Bazaar and Goods bought. This test is as follows. Ho= There is relation between visits and goods bought in Big Bazaar. 29 Ha = There is relation between no. of visits and goods bought in Big Bazaar. Calculation of χ2 has been presented in the table. Food clothes Electronics furniture others items Once in week 10 7 2 5 6 30 Twice in week 5 18 7 12 1 43 Once in 15 days 8 1 3 1 2 15 Once in 30 days 2 6 2 0 1 12 25 33 14 18 10 100 X = (f-f1)f1 = 24.9456 2 The degree of freedom for the given problem is (r-1)(s-1) = 12 There fore the probability ‘P’ nvalue is 0.24 that is around 50% of probability correct to the hypothesis. There fore it is said that there is no dependency in between the no of visits to Big Bazaar and the goods bought. Q3. What is the main purpose of Purchase?x Particulars No. of respondents Percentage (%) Personal usage/consumption 71 71 To Gift 19 19 Any other pl. Specify 10 10 30 Total 100 100 No. of respondents 100% 71% 19% 10% 0% No. of respondents INTERPRETATION: From the above table we can conclude that the major numbers of respondent’s of 71% personal usage, 19% to gift and remaining 10% any other. Q4. Which category of products do you buy most at Big Bazaar? Aspects No. of respondents Percentage Food items 25 25 Clothes 33 33 Electronics 14 14 Furniture 18 18 Any other pl. Specify 10 10 Total 100 100 31 No. of respondents 35% 30% 25% 20% 33% 15% No. of respondents 25% 10% 14% 18% 10% 5% 0% Food items Clothes Electronecs Furniture Any other pl. Specify INTERPRITATION: From the above study 25% of respondents from Food items, 33% of respondents from Clothes and 14% of respondents from Electronics 18% of respondents from furniture and 10% others. Q5. You prefer to go in Big bazaar with? Particulars No. of respondents Percentage (%) Family members 28 28 Spouse 13 13 Friends 55 55 Others 4 4 Total 100 100 32 No. of Customers 4% 28% Family members Spouse 55% 13% Friends Others INTERPRETATION: From the above study 28% of respondents from Family, 13% of respondents from Spouse and 55% of respondents from Friends and remaining 4% are others. CHI – SQUARE TEST: The above analysis is also analysed with the chi – square test to find the relation between people who accompany and Products bought. This test is as follows. Ho= There is relation between people who accompany and goods bought in Big Bazaar. Ha = There is relation between people who accompany and goods bought in Big Bazaar. 33 Calculation of χ2 has been presented in the table. Food clothes Electronics furniture others items Family mbrs 12 10 3 2 1 28 Spouse 2 3 4 2 2 13 Friends 11 20 5 13 6 55 Others 0 0 2 1 1 04 25 33 14 18 10 100 X = (f-f1)f1 = 20.4779 2 The degree of freedom for the given problem is (r-1)(s-1) = 12 Therefore the probability ‘P’ value is 0.20 that is around 50% of probability correct to the hypothesis. Therefore it is said that there is no dependency in between the people who accompany and the goods bought in Big Bazaar. Q6. Which mall you like the most in the city? Particulars No. of respondents Percentage (%) Big bazaar 72 72 Spencer 15 15 City central 12 12 Hyd central 1 1 Total 100 100 34 No. of respondents 1% 12% Big Bazaar 15% Spencer City Central Hyd Central 72% INTERPRETATION: From the survey it is observed the 72% of respondents for Big Bazaar, 15% of respondents for Spencer, 12% of respondents for City central and only 1% of respondents are hyd central. Q7. What is the reason behind purchasing in Big Bazaar? Particulars No. of Respondents Percentage (%) Goo satisfaction over products 10 10 Reasonable prices 78 78 More offers 12 12 Any others 0 0 Total 100 100 35 No. of respondents 80% 60% 40% 20% 0% 78% 10% 12% 0 No. of respondents No. of respondents INTERPRETATION From the study it is observed that 10% of respondents for Good satisfaction over products, 78% of respondents for Reasonable prices, 12% of respondents for More offers. Q8. How do you rate the pricing of products at Big Bazaar? Particulars No. of Respondents Percentage (%) Expensive 09 09 Competitive 21 21 Affordable 36 36 Reasonable 34 34 Total 100 100 36 No. of respondents 9% 21% Expensive Competitive 36% Affordable Reasonable 1.2 INTERPRETATION: From the above study 09% of respondents from Expensive, 21% of respondents from Competitive and 36% of respondents from Affordable 34% of respondents from Reasonable. CHI – SQUARE TEST: The above analysis is also analyzed with the chi – square test to find the relationship between price of products in Big Bazaar and Goods bought. This test is as follows. Ho= There is relation between prices of the products in Big Bazaar and goods bought in Big Bazaar. 37 Ha = There is relation between prices of the products in Big Bazaar and goods bought in Big Bazaar. Calculation of χ2 has been presented in the table. Food clothes Electronics furniture others items Expensive 3 4 1 0 1 09 Competitive 7 5 2 4 3 21 Offerdable 9 13 3 7 4 36 Reasonable 6 11 8 7 2 34 25 33 14 18 10 100 X = (f-f1)f1 = 8.7773 2 The degree of freedom for the given problem is (r-1)(s-1) = 12 Therefore the probability ‘P’ value is 0.87 that is around 50% of probability correct to the hypothesis. Therefore, it is said that there is no dependency between prices of products and goods bought in Big Bazaar. Q9. Why do you prefer to shop in Big Bazaar? Particulars Availability of adequate stock Convenience of location and timing Offers and discounts Variety of products Total No. of respondents 16 21 36 27 100 38 Percentage 16 21 36 27 100 No. of respondents 40% 36% 35% 30% 27% 25% 21% 20% 16% No. of respondents 15% 10% 5% 0% Availability of Convenience of adequate stock location and timing Offers and disconts Variety of products INTERPRETATION: From the above study 16% of respondents from Availability of adequate stock, 21% of respondents from Convenience of location and timing, and 36% of respondents from offers and discounts, 27% of respondents from variety of products. CHI – SQUARE TEST: The above analysis is also analyzed with the chi – square test to find the dependency between preference to shop and Goods bought. This test is as follows. Ho= There is relation between preference to shop and goods bought in Big Bazaar. 39 Ha = There is relation between preference to shop and goods bought in Big Bazaar. Calculation of χ2 has been presented in the table. Food clothes Electronics furniture others items Stock available 6 4 1 2 3 30 Convenience 4 9 5 3 0 43 Offer&discounts 10 13 6 2 5 15 Variety prdts 5 7 2 11 2 12 25 33 14 18 10 100 X = (f-f1)f1 = 21.7921 2 The degree of freedom for the given problem is (r-1)(s-1) = 12 Therefore the probability ‘P’ value is 0.21 that is around 50% of probability correct to the hypothesis. Therefore it is said that there is no dependency between preference to shop and the goods bought in Big Bazaar. 40 CHAPTER -6 CONCLUTION 41 From the responses of 30 customers the findings can be listed as: ❖ As per the findings, all are having the awareness of Big Bazaar. We can say that Big Bazaar have good place in the minds of the customers. ❖ As per the findings 60% of male customers are come to Big Bazaar for shopping. ❖ The customers who were mainly age group of 26- 35 years are shopping at Big Bazaar. ❖ It has been found that the Majority of the Respondents come to know about the Big Bazaar through Friends/Relatives References and Advertisements only. So we can say that the word of mouth and advertisements are plays a very important role when customers shopping at Big Bazaar. ❖ As per findings, Majority of the Respondents are visits Big Bazaar twice in a week. By this, we can say that most of the customers are coming to Big Bazaar regularly. ❖ As per findings, Majority of the Respondents are purchasing for the Purpose of Personal use/consumption only. ❖ As per findings, Majority of the respondents are interested to shopping at Clothes. ❖ Most of customers are prefer to come to Big Bazaar with friends, and customers are motivates by them at purchase. ❖ Majority of the respondents are interested to visit Big Bazaar when compare to other malls. ❖ As per the findings, majority of the customers choose the Big Bazaar for availability of products as well as reasonable prices. ❖ Majority of the customers are rate for affordable pricing in Big Bazaar. 42 CHAPTER -7 LIMITATION 43 LIMITATIONS Besides following scientific methodologies, the study has come across some limitations. These are: 1. The sample size is small as compared to the population, so it may not be the true representative. 2. Due to limited time countrywide survey was not possible. Hence only Jalandhar city has been taken for the study. 3. Some people were reluctant to fill the questionnaire. They were not willing to disclose their investment plans. 4. The possibility of respondents being biased cannot be ruled out. 44 CHAPTER -8 ➢ BIBLIOGRAPHY ➢ References 45 BIBLIOGRAPHY Text Books Consumer Behavior: Albert J. Dells Bittas Consumer Behavior: David L. Loudon Principles of Marketing: Philip Kotler Marketing Management: Philip Kotler 46 References: www.consumerbehavior.com www.bigbazaar.com www.panthalone.com www.futuregroup.com 47 QUESTIONNAIRE (The information furnished by the respondent is strictly for Academic purpose only) Dear Respondent, as a part of research, a survey is taken up to study the Consumer Behavior towards the Big Bazaar. Kindly provide the following information. Name: Location: Age: Occupation: Gender M/F: Education; Income for month: Q1) How did you come to know about Biz Bazaar? a) b) c) d) Advertisement Colleagues references Friends/relatives references Any other specify Q2) How frequently do you visit Big Bazaar? a) b) c) d) Once in a week Twice in a week Once in every 15 days Once in a month Q3) what is the main purpose of purchase? a) Personal Usage / consumption b) To Gift c) Any other pl. Specify 48 Q4) Which category of Products do you buy most at Big bazaar? a) b) c) d) Food items Clothes Electronics Any other pl. Specify Q5) You prefer to go in Big bazaar with a) b) c) d) Family members Spouse Friends Others Q6) Which mall you like the most in the city a) b) c) d) Big bazaar Spencer City central Hyd central Q7) What is the reason behind purchasing in Big Bazaar? a) b) c) d) Good satisfaction over products Reasonable prices More offers Any others Q8) How do you rate the pricing of products at Big Bazaar? a) b) c) d) Expensive Competitive Affordable Reasonable Q9) Why do you prefer to shop in Big Bazaar? a) Availability of adequate stock b) Convenience of location and timing c) Offers and discounts 49