Bcom Project
Bcom Project
INTRODUCTION
1
1.1 INTRODUCTION
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The present paper highlights the determinants of consumer behavior regarding
buying decision making and develop a model to understand their relationship. Consumer
behavior. Today consumer’s taste and preferences are ever changing. Study of consumer
behavior gives information regarding colour, design, size etc… consumers expect that
organization should provide quality products at reasonable prices.
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1.2 STATEMENT OF THE PROBLEM
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1.5 OBJECTIVE OF THE STUDY
PRIMARY DATA
Primary data also called as first hand data contains information that has been
connected specifically for the purpose of investigation at hand. The total sample
consists of 50 consumers who are in Wayanad District. The data required for this
study was mostly collected directly from the consumers of Wayanad handloom
through a questionnaire.
SECONDARY DATA
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1.6.3 SAMPLING DESIGN
SAMPLE SIZE
1.9 CHAPTERIZATION
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Chapter 1- Introduction
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CHAPTER 2
REVIEW OF LITERETURE
REVIEW OF LITERETURE
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Boyd, Harper, W.Jr and Kapoor M.C., discussed in their "Consumer Product Research
an Overview"9, the significance of data by introducing new product, to effect the
acceptability of new product on profit potential.
Boyd, Harper, W.Jrand Kapoor, M.C. in "Retail Trade in India: Contract Chains:
Opportunity for Innovations", 5 argued the dependence of developing economy on
efficient production, distribution and changing static retail structure in India. An
emphasis on contract chains prevailing in developed countries were put forth, to simplify
the wholesaler and retailer function, Which would help in reducing costs, lowering
prices, besides providing advantages to the retailers without hurting their interest.
Issar Renee, presented a clear picture of dissatisfaction, prevailing in middle class for the
prices charged and services rendered for essential goods of inferior quality, in "Wanted
Vigorous Consumer Resistance" initiating the series on “From the Consumers End ".4
John Quelch in his paper titled “Cheers to the American Consumer”9Ssaid about the
willingness by American consumers to adopt new products, processes, and services more
rapidly than those in other countries may be the most important enabler of
entrepreneurship and innovation in .America. The key concepts include:
Lee Adler in his "Symbiotic Marketing"7 concluded that symbiotic marketing, increases
competition, rate of innovation, providing new opportunities to organizations.
9
Maddappa probed into role of male and female in purchase decision process in his
thesis "Dimension of Male - Female Role In The Process Of Purchase Decisions for
Consumer Goods".12
Mary j. Benner and Mary Tripsas in their paper titled “the influence of prior industry
affiliation on framing in nascent industries, the evolution of digital cameras”97 explored
what factors influence a firm's initial introduction of product features during the budding
stage of a product market, and how the process of convergence on a standard set of
features unfolds
Mehatha and Parsuram probed into the "Impact of Price and Brand Name on
Consumer Choice".13
Monga in his "Rural Marketing Planning and Strategy"14, observed performance of high
income segment in the rural area, in terms of agriculture inputs and consumer goods.
10
Ramanand in his "Product Strategy and Rural Marketing"15 provided insight into
various product strategies to the employed in rural part.
Ramaswamy in his "Mass Communication for Marketing"16, dealt with the nuances of
communication with reference to rural part.
Roy Y.J. Chua of Harvard Business School and Xi Zou of London Business School
discussed how luxury influences individuals in their paper “The 'Luxury Prime': How
Luxury Changes People”96, Findings of the study are summarized as what effect does
luxury have on human cognition and decision making? According to new research, there
seems to be a link between luxury and self interest, an insight that may help curb
corporate excesses. The key concepts include: People who were made to think about
luxury before a decision-making task were more likely to endorse self-interested
decisions that might potentially harm others. Although luxury does not necessarily induce
people to harm others, it may cause them to be less considerate. Limiting corporate
excesses and luxuries might be a step toward getting executives to behave more
responsibly toward society.
The study "Consumer Survey"8, for textiles in Rourkela, conducted by the textile
committee, observed the relationship between socio economic levels and possession of
different garments by men, women and children, and patterns of purchase. The same
committee a’ so observed, consumer preference for textile, frequency of consumer
purchases, shopping facilities, and opinion of consumer and retailer regarding the
availability and marketing facilities of textiles in rural areas.
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1. Boyd Harper.W. and Kapoor, Research; An Overview" Indian September-
October, 1969. Harvard Business Review, Commerce (Market Research M.C.,
"Consumer Product Management, Vol. 3(5).
2. Boyd. Harper W. Jr. and kapoor. M.C., "Retail trade in India; Contract Chains
Opportunity for Innovation," Commerce, Vol. 110 (2805) 6 February 1965. Pp
206,207.
3. "Durable Consumer Goods". Monthly Commentary on Indian Economic
Conditions, Vol, (11), 1968.
4. Issar Renee. "Wanted Vigorous Consumer Resistance", Monthly Commentary on
Indian Economic Conditions, 4 November, 1963.
5. John Quelch Cheers to the American Consumer, April 6, 2009
6. Lathif T.A.A., "Trends In Marketing And Advertising Managemenent", Indian
Management Vol. 5(1). January-February, 1996.
7. Lee Adler, “symbiotic marketing”. Harvard business review, November-
December 1966.
8. Maddapa P. (1971) "Dimensions Of Male-Female Role In The Process Of
Purchase Decisions For Management 10(5). Consumer Goods" Indian
management 10(5).
9. Mahajan M.P. (1971) "International Homogeneity of Consumer Behaviors in
India", Arth Vignana 13(1) p.p 1-37.
10. Mary j. Benner and Mary Tripsas, “the influence of prior industry affiliation on framing
in nascent industries, the evolution of digital cameras”, August 11,2010
11. Mehta S.C., "Fashion Adoption Behaviors Of College Girls: Implications for
marketing communications".TheEconomic Times, Bombay, October 26.
12. Mehta S.C. Parasuraman A. (1972), "Impact Of Price, Brand on Consumer
Choice – An Experimental March 21 and 22. study", Economic Times
13. Monga J.B. (1972) "Rural Marketing Indian Journal of Marketing, Planning and
Strategy, vol 2, No.5 pp 4-9.
14. The Changing Pattern of Indian Consumption (1948-1957); (A study of change in
living standards", Quarterly Economic Review, December, 1958.
12
15. Ramanand V.S. (1972), "Product Strategy and Rural Marketing”. Indian Journal
of Marketing, Vol 2, No.5. pp 22-25.
16. Ramaswamy (1972), "Mass Communication for Rural Marketing”, Indian Journal
of Marketing, vol 2, No.5 pp 26-31.
17. Roy Y.J. Chua and Xi Zou of “The 'Luxury Prime': How Luxury Changes People”
February 1,2010
18. Government of India ministry of commerce (market of research division of Texile
committee Bombay.
19. Verma, J.K., "Why Marketing Research?". Indian Management 2(6) November
December, 1963,
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CHAPTER - 3
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3.1 INDUSTRY PROFILE
The Handloom industry mainly exports fabrics, bed lined, toilet and kitchen linen,
towels, curtains, cushions, and pads tapestries and upholsteries, carpets and floor
coverings, etc… The Handloom industry was adopted various measures and techniques to
provide high quality eco-friendly products to the world market.
In the world of Handloom there are Madras checks from Tamilnadu, 1 cut from
Andra and Orissa, lie and due from Gujarat and Rajasthan brocades from Banaral Decca
from West Bengal and Phalkari from Punjab.
In the department of wooden textiles, wooden weavers are so less suitable. The
Kashmiri weavers us known the world over for his pushmina and shabtoosh shawls. The
shawls are unbelievably light and warm.
Soon after independence the govt. put a ceiling on the additional loom installed by
the mills. Another measure adopted by the govt. was to project Handloom and see that
mills produce adequate yarn suitable for Handlooms.
History
India has one of the richest traditions in this creative activity - from Kashmir to
Kanyakumari, Kuchch to Kohima. The weaving device - the loom - has been subject
toconstant hostile threats of being extinguished by the highly mechanized, organized,
machinery-dominated textile industry for over a century and in recent decades, by the
advent of the powerloom. If the handloom has survived, it is because of its highly elastic
range of adaptation in meeting communities needs and in its ability to produce exquisite
fabrics which mills cannot produce in spite of all their sophisticated technologies.
For centuries both the spinning and weaving processes were traditionally carried
out by hand in the home on a cottage industry basis - weaving by men and spinning by
women. Over a period of time to cater to market demand for most fabrics other than
Khadi, the spinning of yarn changed to a machine process. On the basis of this
distinction, handloom fabrics can be broadly categorized in two types;
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ii. Machine spun, hand woven: All other handlooms fall under this category
The handloom industry mainly exports fabrics, bed lines, table lines, toilet and
kitchen lines, towels, curtains, cushions and pads tapestries and upholstery's carpets and
floor coverings etc. The handloom industry was adopted various measures and techniques
to provide high quality eco-friendly products to the world market.
In the world of handloom there are Madras checks from Tamil Nadu, 1 cuts from
Andhra and Orissa, Lie and Dye from Gujarat and Rajasthan brocades from Binaural
Ducati from West Bengal and Phalkari from Punjab.
In the department of wooden textiles wooden weavers are so less subtle. The
Kashmiri weavers in known as the world over for his Pashima and Shabtoosh Shawls.
The shawls are unbelievably light and warm.
The textiles of India are as diverse as its culture. Nearly four million handlooms
are engaged in weaving fabrics of nearly 23 different varieties. The handloom census of
India, undertaken in 1987-88, places the number of handloom textile workers at 65.31
lakh persons, making them the single largest group of artisans in India. Providing direct
and indirect employment to more than 30 lakh weavers, the handloom production is the
largest economic activity second only to agriculture in India. Handlooms contributed
early 23% of the total cloth produced in the country. During the year 1996-97, a total
production of 7,235 million sq. meters of cloth was achieved. The Handloom Act passed
by the parliament in 1985 aims to shield handloom weavers against powerloom and
textile mill operators by reserving certain textile articles (presently eleven in number) for
exclusive production by handlooms.
Handloom
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shaft raises half the threads (those passing through the heddles), and lowering the shaft
lowers the same threads - the threads passing through the spaces between the heddles
remain the space.
Powerlooms
Edmund Cart Wright build and patented a powerloom in 1785, and it was adopted
by the Nascent cotton industry in England. This silk loom made by Jacques Vacanson in
1745 operated on the same principles. But wasn't developed further. The invention of the
flying shuttle by John Key was critical to the development of a commercially successful
powerloom machine. Cartwright's loom was impractical but the ideas were developed by
numerous inventors in the Manchster area in England, where by 1818 there were 32
factories containing 5732 looms.
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3.2 COMPANY PROFILE
Mission
o To provide employment opportunities to the people who are specialized such jobs.
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o To provide the cloths at the right time and right place to the customers.
Vision
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Co-operative Society
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Plan Layout
Factory Handloom
Medical
Canteen
Residential appartment
Factory Powerloom
Factory Road
Training
Centre
Consumer Store
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Location
Machinery
Four types of machineries are installed on the plant. There are as follows;
3. Warping machine
4. Weaving machine
Premises
The society on land of 13.4 acres. The building of powerloom and women service
centers is located at 3 acres of land. The house come work shed of handloom unit and
residential house constructed for rehabilitation of the tribal families are located at 7.5
acres of developed land.
House cum work shed for handloom unit. The house cum work has the following
amenities;
Warping &
2. 500’th 1 500m2
Winding
TOTAL 1650m2
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There are 54 houses cum work shed on the handloom sectors. Each houses
provided with 2 handloom give employment to the female members of the houses are
employed in the common service centers.
Residential Houses
There are 20 houses, each have an area of 36mz for providing housing facility to
the tribal families employed in the company out of the 20 house, 15 houses allotted to the
owned mothers.
Telephone Booth
Warehouses
Separate building for storage of raw materials, finished Separate building for
storage of raw materials goods, consumable goods, etc...
For improving the skills of the employees regular training is given to them in a
specially arranged building.
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Product Line
The company mainly produces the cotton cloth in such as shirting and suiting.
Also company produces polyesters cloths according to the order. Company gets in main
types of products are;
o Shirting
o Dhotis
o Double dhoties
o Thorth
o Curtain cloth
o Table sheet
o Mosquito net
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ORGANIZATIONAL HIERARCHY
It means formal structure of the organisation in which different persons are placed
or postal according to their authorized and responsibility.
BOARD OF DIRECTORS
PRESIDENT
SECRETARY
SUPERVISOR ASSISTANT
MANAGER
WORKER
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It includes 13 members;
Nominal Members
Elected Members
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CHAPTER 4
DATA ANALYSIS AND INTERPRETATION
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DATA ANALYSIS AND INTERPERTATION
TABLE 4.1
AGE CLASSIFICATION
47%
50
40
27%
percentage
30 20%
20
6%
10 0%
0
BELOW 20 20-30 30-40 40-50 ABOVE 50
age
INTERPRETATION: From the above graph it is found that 47% respondents are
the age group of 40-50, 27% are belonging to above 50 years, 20% of respondents are in
between 30-40, and they remain 6% respondents are in between 20-30. Through this
analysis, it is clear that there is no one belonging to the age group of below 20.
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TABLE 4.2
CHART 4.2
FEMALE
40%
MALE
60%
INTERPRETATION: the above chart show that 60% are male customers and 40%
are female customers. Through this analysis, it is clear that the majority of the customers
are male.
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TABLE NO 4.3
OCCUPATION
CHART 4.3
OCCUPATION
50
40
PERSENTAGE
30 50
20
22
10 8 10 10
0
STUDENT EMPLOYEE BUSINESS HOUSE WIFE OTHERS
MAN
OCCUPATION
30
TABLE 4.4
MONTHLY SALARY
CHART 4.4
MONTHLY SALARY
40
35
30
PERSENTAGE
25
40
20
15 22
18 20
10
5
0
BELOW 10000 10000-20000 20000-30000 ABOVE 30000
SALARY
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TABLE 4.5
FREQUENCY OF VISIT
ONCE IN A WEEK 0 0
ONCE IN A YEAR 12 24
TWICE IN A YEAR 15 30
DURING FESTIVAL 23 46
TIME
TOTAL 50 100
SOURCE: PRIMARY DATA
CHART 4.5
FREQUENCY OF VISIT
40
35
30
PERSENTAGE
25
40
20
15 22
18 20
10
5
0
BELOW 10000 10000-20000 20000-30000 ABOVE 30000
OPINION
INTERPRETATION: the above graph shows there are no customers who visit
Wayanad Handloom society once in a week, 23% of them visit once in a year, 30% of
them visit twice in a year and 47% of customers visit during the festival time.
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TABLE NO 4.6
DURABILITY OF USERS
CHART 4.6
DURABILITY OF USERS
40
35
30
PERCENTAGE
25
40
20
15 22
18 20
10
5
0
BELOW 10000 10000-20000 20000-30000 ABOVE 30000
OPINION
INTERPRETATION: the above graph show that how long the consumers are the
user of Wayanad Handloom product. 50% of respondents are in between 1-5 years, 24%
of respondents have more than 5 year experience, 18% of them have below on year
experience, and 8% of the respondents are the first time users.
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TABLE 4.7
CUSTOMERS PREFERENCE
OPINION NO OF PERCENTAGE
RESPONDENTS
STRONGLY AGREE 15 30
AGREE 28 56
NEUTRAL 2 4
DISAGREE 3 6
STRONGLY DISAGREE 2 4
TOTAL 50 100
SOURCE : PRIMARY DATA
CHART 4.7
CUSTOMERS PREFERENCE
40
35
30
PERCENTAGE
25
40
20
15 22
18 20
10
5
0
BELOW 10000 10000-20000 20000-30000 ABOVE 30000
OPINION
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TABLE 4.8
OPINION NO OF PERCENTAGE
RESPONDENTS
GREATER EXTENT 10 20
ALWAYS 33 66
NEUTRAL 3 6
SOMETIMES 4 8
NEVER 0 0
TOTAL 50 100
SOURCE : PRIMARY DATA
CHART 4.8
40
35
30
PERCENTAGE
25 40
20
15 20 22
18
10
5
0
BELOW 10000 10000-20000 20000-30000 ABOVE 30000
OPINION
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TABLE 4.9
SOURCE
CHART 4.9
SOURCE
40
35
30
PERCENTAGE
25
40
20
15 22
18 20
10
5
0
BELOW 10000 10000-20000 20000-30000 ABOVE 30000
SOURCE
INTERPRETATION: most of the respondents said that they heard about Wayanad
Handloom society through their relatives 43% and friends 23%, 17% of them heard
through advertisement, 10% through newspapers and remain 7% through internet.
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TABLE 4.10
MEDIA OF ADVERTISEMENT
MEDIA NO OF PERCENTAGE
RESPONDENTS
TELEVISION 4 8
NEWS PAPER 5 10
FELX 3 6
EMPORIUM 8 16
EXHIBITION 30 60
TOTAL 50 100
SOURCE : PRIMARY DATA
CHART 4.10
MEDIA OF ADVERTISEMENT
40
35
30
PERCENTAGE
25
40
20
15 22
18 20
10
5
0
BELOW 10000 10000-20000 20000-30000 ABOVE 30000
MEDIA
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TABLE 4.11
CHART 4.11
40
35
30
PERCENTAGE
25
40
20
15
20 22
18
10
5
0
BELOW 10000 10000-20000 20000-30000 ABOVE 30000
OPINION
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TABLE 4.12
RESPONSE OF SALESMAN
CHART 4.12
RESPONSE OF SALESMAN
40
PERCENTAGE
30
40
20
18 20 22
10
0
BELOW 10000 10000-20000 20000-30000 ABOVE 30000
OPINION
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TABLE 4.13
SERVICES OFFERED
CHART 4.13
SERVICES OFFERED
40
35
30
PERCENTAGE
25
40
20
15 22
18 20
10
5
0
BELOW 10000 10000-20000 20000-30000 ABOVE 30000
OPINION
40
TABLE 4.14
OPINION NO OF PERCENTAGE
RESPONDENTS
STRONGLY AGREE 5 10
AGREE 18 36
NEUTRAL 25 50
STRONGLY DISAGREE 2 4
DISAGREE 0 0
TOTAL 50 100
SOURCE : PRIMARY DATA
CHART 4.14
40
35
30
PERCENTAGE
25
40
20
15 22
18 20
10
5
0
BELOW 10000 10000-20000 20000-30000 ABOVE 30000
OPINION
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TABLE 4.15
CHART 4.15
40
35
30
PERCENTAGE
25
40
20
15 22
18 20
10
5
0
BELOW 10000 10000-20000 20000-30000 ABOVE 30000
OPINION
42
TABLE 4.16
BENEFITS OFFERED
CHART 4.16
BENEFITS OFFERED
40
35
30
PERCENTAGE
25
40
20
15 22
18 20
10
5
0
BELOW 10000 10000-20000 20000-30000 ABOVE 30000
BENEFITS
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TABLE 4.17
ATTRACTING FACTORS
CHART 4.17
ATTRACTING FACTORS
120
100
percentage
80
60
40
20 Series 1
0
Series 2
factors
INTERPRETATION: the above graph showss that quality is the most attratictve
factor which affects the purchase decision of handloom customers. They also check the
durability of the product: it is the next important attracting factor of handloom product.
This graph reveals that price of handloom products are high and the packing style is not
an attracting factor to respondents.
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TABLE 4.18
PREFERABLE PRODUCTS
CHART 4.18
PREFERABLE PRODUCTS
SAREE
10% SHIRTING
DHOTIS 34%
24%
BED SHEETS
32%
INTERPRETATION: above the graph shows that 33% of customer using both
shirting and bed sheets, 24% using dhotis and 10% using saree.
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TABLE 4.19
CHART 4.19
NO
14%
YES
86%
INTERPRETATION: 87% of customers say that they will buy the product again
from Wayanad handloom.
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TABLE 4.20
CHART 4.20
40
35
30
PERCENTAGE
25
40
20
15 22
18 20
10
5
0
BELOW 10000 10000-20000 20000-30000 ABOVE 30000
OPINION
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CHAPTER 5
FINDINGS, SUGGESTIONS AND CONCLUSTION
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5.1 FINDINGS
1. Majority of the consumers of the company fall between the age group of 40-50
years and there only few customers belonging to the age group of below 30.
2. This study reveals the majority of the consumers are male.
3. Most of the respondents are salaried employees.
4. The monthly salary of most of respondents is above 30000.
5. It is seen that majority of the consumers have one-five years experience with
wayanad handloom products.
6. Most of the customers prefer handloom products than powerloom products.
7. 66% of the respondents are always able to meet their expectations through
wayanad handloom products.
8. Most of the customers heard about wayanad handloom product to their friends
(24%) and relatives (42%).
9. Exhibition is the most attracting media of advertisement of wayanad handloom
society.
10. 60% of the respondents opined that advertisement is effective in inspiring
customers to have a new look.
11. 54% of respondents agree that salesman spend sufficient time to explain products
features.
12. Most of the customers are satisfied with the service offered by the salesman.
13. 80% of respondents are strongly disagreed that there is no kind of support for
bargaining.
14. Rebate is the main benefit offered to their customers.
15. Quality is the most attractive factors which effects the purchase decision.
16. There is only finite number of colours.
17. Most of the customers try to know the durability of the products.
18. Comfort level is one of the important factor which affecting the purchasing
decisions of a handloom customers.
19. The study reveals that price ofhandloom products are very high.
20. Shirting ,dhotis ,saree ,curtain clothes ,table sheets ,towels ,floor coverings
,double dhotis ,mosquito nets etc... are the different products mainly offered by
the handlooms.
21. It has been found that majority of the customers were using dhotis, shirting,
bedsheets.
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22. 87% of the respondents are satisfied with the products of wayanad handloom
society.
23. 100% of the respondents are interested to recommend wayanad handloom
products to
others.
5.2 SUGGESTIONS
1. Quality is the major factor that influence the buying decision of handloom
customers. Hence it is suggested that weavers to maintain good quality.
2. Handloom society may adopt advertisement through Internet by using social
medias.
3. The study says that customers prefer to buy during festivals so it is recommended
to offer more promotion activities like special offers free gifts etc... during festival
time.
4. Producers of the handloom products should make products in different colours,
designs to attract the customers towards handloom products.
5. Handloom society can widen their distribution system.
6. Handloom society may improve their packing style.
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5.3 CONCLUSION
Consumers have different perception and habits that lead to changes in the
purchase pattern of one customer .Customers are now able to compare mainly the quality
and the price of the clothes products since they are very much concern on value for
money. Technology influences like TV media, print media etc… are the important
phenomena for the customers to change the purchase pattern of cloth products in their
day to day life.
The study reveals that consumers are satisfied with wayanad handloom products.
Majority of the handloom customers are heard about wayanad handloom through friend
and relatives and their best medium of advertisement is exhibition. Quality is the major
factor that influences the buying decision of handloom customers.
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