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Factors Affecting Consumer Behaviour in Indian Fashion Retail Industry: A Study of Recent Trends and Preferences

Fashion impact on culture

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0% found this document useful (0 votes)
24 views21 pages

Factors Affecting Consumer Behaviour in Indian Fashion Retail Industry: A Study of Recent Trends and Preferences

Fashion impact on culture

Uploaded by

s4415655
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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International Journal for Multidisciplinary Research (IJFMR)

E-ISSN: 2582-2160 ● Website: www.ijfmr.com ● Email: editor@ijfmr.com

Factors Affecting Consumer Behaviour in Indian


Fashion Retail Industry: A Study of Recent
Trends and Preferences
Khushi Gurnani1, Nimish Gupta2
1
Student, Amity University
2
Associate Professor, Amity University

Abstract:
This study investigates the multifaceted realm of consumer behavior within the Indian fashion retail
industry, focusing on the intricate interplay of various factors shaping purchasing decisions. With an
ever-evolving market landscape, understanding recent trends and preferences becomes paramount for
businesses striving to remain competitive and relevant. Drawing upon a comprehensive review of
literature and empirical research, this paper aims to dissect the intricate web of influences that drive
consumer behavior in the Indian context.
Key factors such as cultural nuances, economic dynamics, social influences, and technological
advancements are scrutinized to unravel their impact on consumer preferences and buying patterns.
Through surveys, interviews, and data analysis, insights are gleaned into the evolving tastes and
preferences of Indian consumers in the realm of fashion retail. Additionally, the role of marketing
strategies, brand perception, and customer experience in shaping consumer decisions is explored.
The findings of this study not only provide valuable insights for businesses operating in the Indian
fashion retail sector but also contribute to the broader understanding of consumer behavior dynamics in
a rapidly evolving market environment. By staying attuned to the pulse of consumer preferences and
adapting strategies accordingly, businesses can navigate the complex terrain of the Indian fashion retail
industry with agility and foresight.

Chapter - 1
Introduction &Literature Review
INTRODUCTION
Fashion encompasses more than just the clothing we wear; it extends to our manner of speech, dietary
preferences, lifestyle choices, and the selection of cosmetics and accessories. This domain is in a
constant state of flux, subject to daily changes. Factors such as age, gender, marital status, educational
attainment, occupation, and financial standing are pivotal in shaping fashion trends. Moreover,
psychological, social, economic, political, legal, technological, and seasonal factors all influence
consumer purchasing behavior, with social media exerting a significant impact on consumer perceptions.
Today's consumers are keenly attuned to fashion trends and developments, expecting retailers and
manufacturers to cater to their preferences and desires. They prioritize well-fitting garments and seek
products that align with their personal style. Consumer perception, attitude, consumption habits, and
personality traits all play crucial roles in this context. With a growing emphasis on time consciousness

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and a desire for a sophisticated lifestyle, consumers increasingly turn to online shopping to streamline
their purchasing experience, eschewing traditional retail avenues. Younger demographics, in particular,
are heavily influenced by peer groups, seeking to conform to prevailing fashion norms while also
demanding quality, comfort, and brand recognition in their attire.
Consumer behavior profoundly impacts every stage of fashion product development and marketing, with
varying factors influencing different age groups. Knowledge, interest, and confidence levels play pivotal
roles in shaping consumer behavior. Fashion consumption can be viewed as the collective actions of
individuals or groups responding to a myriad of factors, including the selection, purchase, use, or
disposal of products, services, ideas, or experiences. Fashion serves as a reflection of societal and
cultural values, as well as individual self-expression. In an increasingly globalized economy, consumers
are deeply affected by the rapidly evolving fashion industry, which extends beyond clothing and
accessories to impact various cultural phenomena.
While navigating the complex process of fashion consumption, consumers remain vigilant about trends
and updates. Consequently, retailers and manufacturers must adapt to fulfill consumer preferences,
investing resources in analyzing consumer behavior to discern their needs and desires. The modern
fashion consumer exhibits a discerning sensibility, unafraid to explore diverse layers of the fashion
pyramid in their purchasing decisions.

IMPORTANCE OF FASHION IN PEOPLE’S LIVES


The significance of fashion in our lives cannot be overstated. It goes beyond mere clothing choices and
permeates various aspects of our daily existence. Fashion is a foundation of contemporary society,
influencing not only our attire but also our lifestyle, expressions, and behaviors.
Fashion is a dynamic force that evolves with time, leaving its mark on every era. It serves as a medium
through which we express our personalities, showcasing our individuality and uniqueness. Additionally,
fashion acts as a vehicle for cultural dissemination, allowing us to propagate our cultural heritage and
traditions.
Moreover, fashion plays a crucial role in shaping our social standing and identity within society. It can
elevate one's status and contribute to self-confidence, as adhering to current fashion trends can project a
favorable image and leave a lasting impression on others.
Accessories complement our fashion choices, enhancing the overall aesthetic and enabling us to achieve
greater heights in style. Fashion serves as a reflection of our tastes and character, serving as a repository
of cherished memories associated with significant occasions in our lives.
Beyond aesthetics, fashion has the power to evoke positive emotions and sentiments. Through clothing,
we can convey our innermost feelings and emotions, allowing us to communicate with the world around
us.
Ultimately, fashion serves as a visual representation of our identities, and our clothing and appearance
often serve as the basis for initial judgments and perceptions. In this way, fashion holds a profound
significance in shaping our interactions and experiences within society.

FASHION PROCESS
Altitude of Fashion
The fashion process encompasses various stages, with the altitude of fashion delineating its acceptance
and prevalence among consumers. Fashion levels are typically categorized into three tiers: High Fashion

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Pret-a-Porter, and Mass Fashion.


High Fashion represents styles that are characterized by their exclusivity, exceptional design, and often
high price points. These styles are typically embraced by fashion pioneers and trendsetters, setting the
tone for upcoming trends.
Pret-a-Porter, also known as ready-to-wear, occupies a prominent position in the fashion hierarchy.
These styles offer a balance between sophistication and accessibility, catering to a wider audience at
more moderate price points compared to High Fashion.
Mass Fashion encompasses styles that are produced in large quantities to meet the demands of a broader
consumer base. These styles are readily available in department stores, retail outlets, and discount stores,
catering to the mass market at affordable price points.
Overall, the altitude of fashion reflects the acceptance and accessibility of styles among consumers,
ranging from exclusive and high-end designs to more accessible and widespread fashion trends.
Role of Fashion Cycle in Studying Consumer Behaviour
The fashion cycle plays a crucial role in studying consumer behavior by providing insights into the
pattern and evolution of consumer preferences over time. By understanding the various stages of the
fashion life cycle, marketers and researchers can gain valuable insights into consumer behavior and
decision-making processes.
• Introduction Stage: At this initial stage of the fashion cycle, a new trend or style is introduced to
the market. Consumers may exhibit varying levels of interest and skepticism towards the new
fashion, with some early adopters embracing it while others remain cautious. Studying consumer
reactions during this stage helps marketers gauge initial acceptance levels and identify early
adopters.
• Rise Stage: As the fashion trend gains momentum, it enters the rise stage characterized by
increasing popularity and acceptance among consumers. More individuals begin to adopt the trend,
leading to a gradual rise in demand. Understanding consumer motivations and preferences during
this stage can help marketers capitalize on the trend's growing popularity and adjust marketing
strategies accordingly.
• Acceleration Stage: In the acceleration stage, the fashion trend experiences rapid growth in
popularity and widespread acceptance among consumers. Demand surges as the trend becomes
mainstream, with a significant portion of the target market embracing it. Consumer behavior during
this stage is marked by enthusiasm and a desire to align with the prevailing trend. Marketers can
leverage this heightened interest to maximize sales and brand exposure.
• Peak or Acceptance Stage: At the peak or acceptance stage, the fashion trend reaches its zenith in
terms of popularity and consumer adoption. It becomes widely accepted and integrated into
mainstream culture, with consumers across various demographics embracing the trend. Studying
consumer behavior at this stage helps marketers understand the factors driving widespread
acceptance and identify opportunities for further brand engagement and innovation.
• Decline or Regression Stage: Eventually, every fashion trend experiences a decline in popularity as
consumer preferences evolve and new trends emerge. In the decline or regression stage, demand for
the trend diminishes, and consumer interest wanes. Understanding consumer behavior during this
stage is crucial for marketers to identify signs of fading interest and strategically transition to new
trends or innovate existing products to reignite consumer interest.

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By studying the fashion cycle and consumer behavior at each stage, marketers can gain valuable insights
into the dynamics of consumer preferences, motivations, and purchasing decisions. This enables them to
develop more effective marketing strategies, anticipate market trends, and maintain relevance in an ever-
changing fashion landscape.
Consumers’ Buying Habits
Consumers' purchasing behaviors can be classified into three main categories: convenience goods,
shopping consumer goods, and specialty consumer goods.
Convenience goods typically fall under the category of nondurable goods and are primarily sold by
wholesalers or retailers. These goods can further be categorized into staple convenience goods, which
are everyday necessities purchased routinely, and impulse convenience goods, which are bought on
impulse without much prior planning.
Shopping consumer goods involve a more deliberate decision-making process, where consumers
compare various factors before making a purchase. This category of goods requires more time and
consideration from consumers due to the importance placed on factors such as price, quality, and
features.
Specialty consumer goods are distinctive in nature and cater to specific tastes or preferences. These
goods often target upscale or niche markets, and consumers who purchase them are typically seeking
unique or high-quality products that set them apart. Specialty consumer goods are often associated with
luxury or premium brands and are favored by affluent consumers.
In summary, consumers' buying habits can be categorized based on the level of convenience, decision-
making process, and uniqueness of the products they purchase, ranging from everyday necessities to
specialty items catering to specific tastes and preferences.

FASHION MARKET RESEARCH


Fashion market research plays a pivotal role in understanding and predicting fashion trends, aiding in the
promotion of fashion designers' work, and facilitating effective public relations strategies. Individuals
engaged in fashion market research should possess a blend of qualitative and quantitative skills to gather
and analyze data effectively.
Key areas of focus in fashion marketing research include assessing the size of the market, identifying
trends, opportunities, and challenges within the industry, analyzing competitors and their market share,
among others.
By conducting thorough market research, fashion professionals can anticipate trends in advance,
allowing for adequate production planning to meet consumer demands. Forecasting, a crucial aspect of
market research, involves predicting upcoming designs based on consumer preferences and market
conditions. Manufacturers can then utilize this information to source materials and ensure timely product
launches in line with prevailing fashion trends.
Forecasting also involves analyzing consumer buying habits through the study of market conditions,
sales histories from previous seasons, and observations of current fashion trends. This data-driven
approach enables fashion professionals to make informed decisions and stay ahead of evolving
consumer preferences. Ultimately, fashion market research serves as a valuable tool in driving
innovation, enhancing brand visibility, and meeting the ever-changing demands of the fashion industry.

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NEED OF STUDYING CONSUMER BEHAVIOUR


The study of consumer behavior serves as a valuable tool for manufacturers, retailers, and marketers,
providing insights and guidance in various aspects of product development, distribution, pricing,
promotion, and understanding consumer decision-making processes.
• Product Design: By analyzing consumer preferences, needs, and desires, manufacturers can design
products or services that best meet consumer expectations, ensuring high levels of satisfaction and
demand.
• Distribution Strategy: Understanding consumer behavior helps determine the most appropriate
channels and locations for making products or services available to consumers. This ensures easy
accessibility and convenience, enhancing the likelihood of purchase.
• Pricing Strategy: Consumer behavior research assists in gauging the price point at which consumers
are willing to purchase a specific product or service. This helps in setting competitive prices that
maximize sales and profitability while still meeting consumer expectations.
• Promotional Methods: By studying consumer behavior, marketers can identify the most effective
promotional methods to reach and engage target audiences. This includes selecting the right
advertising channels, messaging, and timing to effectively communicate with consumers and drive
purchasing decisions.
• Understanding Buying Decision Factors: Consumer behavior research delves into the why, when,
how, and what factors that influence consumer buying decisions. By understanding these factors,
businesses can tailor their marketing strategies and offerings to better resonate with consumers and
address their needs and motivations effectively.
Overall, the study of consumer behavior empowers businesses to make informed decisions at every stage
of the marketing process, ultimately leading to more successful product launches, increased sales, and
stronger customer relationships.

FACTORS INFLUENCING CONSUMER BEHAVIOUR


The significant factors which induce the act of consumers’ buying behavior are indexed as follows;
Cultural Factors
Cultural factors comprise a diverse range of values and beliefs inherent within specific communities or
groups. These factors encompass various dimensions, including subcultures, religious affiliations such as
Christianity, Hinduism, Islam, Sikhism, Jainism, and social status, which encompasses distinctions
between upper, middle, and lower classes. Additionally, gender differentiation between male and female
is a significant aspect of cultural influence.
The influence of consumers' culture extends deeply into their lifestyle choices, shaping their preferences,
behaviors, and perceptions. In essence, culture can be likened to the collective personality of a society,
guiding individuals in their interactions and decisions.
Moreover, cultural factors challenge conventional notions of fashion by introducing diverse perspectives
and breaking traditional roles. By acknowledging the diverse cultural backgrounds of consumers,
fashion trends and expressions can evolve to be more inclusive, reflective of the varied identities and
values present within society
Personal factors
Personal factors encompass the individual interests and characteristics that influence consumer behavior.
These factors include demographic variables such as age, gender, culture, profession, and background,

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among others.
Age plays a significant role as preferences and needs evolve over the lifespan. Gender differences can
also influence purchasing decisions, with products often marketed differently to men and women.
Cultural background shapes values, beliefs, and attitudes towards consumption, impacting preferences
for certain products or brands. Profession and socioeconomic status influence purchasing power and
lifestyle choices.
Furthermore, personal factors may include individual preferences, hobbies, interests, and past
experiences, all of which contribute to shaping consumer behavior. By understanding these personal
factors, marketers can tailor their strategies to better meet the needs and preferences of their target
audience..
Psychological Factors
Psychological variables play a crucial role in shaping fashion consumer behavior, serving as key
predictors of consumer attitudes, perceptions, and motivations. Here's a breakdown of these
psychological factors:
• Attitude: Consumer attitudes toward fashion encompass their overall evaluation and feelings
regarding clothing, styles, brands, and trends. Positive attitudes may lead to favorable purchasing
decisions, while negative attitudes may deter consumers from certain fashion choices. Understanding
consumer attitudes helps marketers tailor messaging and product offerings to resonate with target
audiences.
• Perception: Perception refers to how consumers interpret and make sense of fashion stimuli,
including visual cues such as clothing designs, colors, and patterns. Consumers' perceptions of
fashion are influenced by personal experiences, cultural factors, and societal norms. Marketers must
consider how their fashion products are perceived by consumers and ensure alignment with desired
brand image and values.
• Self-Concept: Self-concept relates to consumers' perceptions of themselves and their identities,
which are often expressed through fashion choices. Fashion allows individuals to communicate
aspects of their personality, values, and social identity to others. Marketers can capitalize on
consumers' self-concept by offering products that align with their desired self-image and lifestyle
aspirations.
• Personality: Personality traits influence individuals' fashion preferences and purchasing behavior.
For example, individuals with extroverted personalities may gravitate towards bold and attention-
grabbing clothing styles, while introverted individuals may prefer more understated and classic
looks. Marketers can segment their target audience based on personality traits and tailor marketing
strategies accordingly.
• Motivation: Motivation refers to the underlying drives and desires that compel consumers to engage
in fashion-related behaviors, such as purchasing clothing, accessories, or cosmetics. Motivations for
fashion consumption may vary widely among individuals and can include factors such as self-
expression, social status, trend-following, or personal enjoyment. Understanding consumers'
motivations helps marketers create compelling marketing messages and product offerings that
resonate with their target audience.
In summary, psychological variables such as attitude, perception, self-concept, personality, and
motivation are essential predictors of fashion consumer behavior. By understanding these psychological

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factors, marketers can develop more effective strategies to attract and retain customers in the
competitive fashion market.
Social factors
Consumers' fashion behavior is significantly influenced by their peer groups, which include friends,
family, and connections on social media platforms. Peer group influence plays a crucial role in shaping
individuals' perceptions of fashion trends, preferences, and purchasing decisions. Here's how peer groups
impact consumers' fashion behavior:
• Social Validation: Peer groups provide a sense of social validation and belongingness, influencing
individuals to conform to group norms and adopt similar fashion styles. Consumers may seek
approval and acceptance from their peers by aligning their clothing choices with prevailing trends
within their social circles.
• Trend Adoption: Friends, family members, and social media connections serve as sources of
inspiration and information for fashion trends. Consumers often emulate the fashion choices of their
peers, whether it be through direct recommendations, observational learning, or social media
influencers. Trendy clothing items or styles endorsed by peers are more likely to be adopted by
individuals seeking to fit in or stay connected with their social group.
• Word-of-Mouth Recommendations: Recommendations and endorsements from peers carry
significant weight in influencing fashion purchasing decisions. Consumers are more likely to trust
recommendations from friends or family members who share similar tastes and preferences. Positive
word-of-mouth endorsements can drive interest and increase the likelihood of purchasing specific
fashion products or brands
• Social Media Influence: Social media platforms serve as powerful channels for peer influence on
fashion behavior. Consumers are exposed to a constant stream of fashion content, including outfit
inspiration, product recommendations, and trend updates shared by their peers and influencers they
follow. Likes, comments, and shares from friends and followers further amplify the impact of peer
influence on social media.
• Group Identity and Conformity: Peer groups often establish shared fashion identities and
preferences, encouraging conformity among group members. Individuals may feel pressure to dress
in a manner consistent with their peer group's style to maintain group cohesion and avoid social
ostracism.
Overall, peer group members, including friends, family, and social media connections, exert a profound
influence on consumers' fashion behavior by shaping their perceptions, preferences, and purchasing
decisions. Marketers and fashion brands can leverage the power of peer influence by cultivating strong
social connections and engaging with consumers through authentic and relatable content on social media
platforms.

CONSUMER DECISION MAKING PROCESS


The consumer decision-making process is a framework utilized by marketers to understand and guide
consumers' journey from initial consideration to final purchase. This process comprises five key stages,
each of which influences consumers' purchasing behavior and decision-making.
Problem Recognition: The process begins with consumers recognizing a need or problem, triggered by
either internal factors (such as personal desires or needs) or external stimuli (such as advertising or
recommendations). Marketers aim to identify and address these needs to initiate consumer interest.

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Information Gathering: Consumers actively seek information about potential solutions to their needs or
problems. They gather information from various sources, including online research, word-of-mouth
recommendations, and product reviews. Marketers strive to provide relevant and accessible information
to aid consumers in their decision-making process.
Evaluation of Alternatives: In this stage, consumers establish criteria and preferences for evaluating
alternative products or services. They compare different options based on factors such as price, quality,
features, and brand reputation. Marketers aim to position their offerings favorably against competitors
and highlight unique selling points to influence consumer perceptions.
Purchase Decision: The fourth stage involves the actual decision-making process, where consumers
make a choice and complete the purchase. This decision is influenced by the culmination of information
gathering, evaluation of alternatives, and individual preferences. Marketers strive to facilitate a seamless
and positive purchasing experience to encourage conversion.
Post-Purchase Evaluation: Following the purchase, consumers reflect on their decision and assess their
satisfaction with the chosen product or service. Marketers closely monitor post-purchase behavior and
feedback to gauge consumer satisfaction levels and identify areas for improvement. Positive post-
purchase experiences can lead to repeat purchases and brand loyalty, while negative experiences may
result in dissatisfaction and potential brand abandonment.
In summary, the consumer decision-making process encompasses five distinct stages: problem
recognition, information gathering, evaluation of alternatives, purchase decision, and post-purchase
evaluation. By understanding and effectively addressing each stage, marketers can guide consumers
through the decision-making journey and enhance overall satisfaction and brand loyalty.

CONSUMER BEHAVIOUR FOR FAST FASHION


Fast fashion has emerged as a predominant trend in the fashion industry, characterized by rapid
production cycles and the ability to swiftly create and distribute a wide array of designs. This
phenomenon is prevalent across both low-cost and high-end fashion sectors, driven by intense
competition and technological advancements.
Designers are under pressure to generate numerous designs within short timeframes to keep pace with
fast fashion demands. This trend is fueled by the desire to replicate recent luxury fashion trends at a
fraction of the cost. Technological innovations in manufacturing and supply chain management have
further facilitated the adoption of fast fashion practices.
Younger consumers, in particular, are drawn to fast fashion due to its affordability and accessibility,
offering a diverse range of trendy clothing options at lower price points. However, older consumers tend
to view fast fashion as wasteful, preferring to invest in high-quality clothing items that endure over time
rather than following fleeting trends.
Critics have raised concerns about the environmental impact of fast fashion, highlighting its contribution
to pollution, resource depletion, and waste generation. Research suggests that fast fashion accounts for a
significant portion of land use and environmental degradation, prompting calls for more sustainable and
ethical practices within the fashion industry.

GENDER BASED CONSUMER BUYING BEHAVIOUR


In consumer decision-making behavior, distinct perspectives are observed between men and women.
Men typically prioritize the value proposition of products and seek to optimize efficiency, avoiding

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unnecessary time expenditure. Psychologically, women tend to be more exploratory in their shopping
approach, enjoying the process and investing more time in their purchases. They often prioritize long-
term considerations compared to men, who may focus more on short-term goals.
Women are generally more price-sensitive than men, and this influences their perception of product
consumption. Additionally, women tend to have a more internalized focus, considering personal
preferences and needs, while men may be more externally oriented, taking into account societal
expectations or influences.
Furthermore, women's feministic tendencies often influence their preferences in terms of color and
themes, favoring options that align with their sense of identity and expression. In contrast, men may lean
towards more traditionally masculine-oriented choices.
Given these differences, producers should carefully consider the distinct perspectives of men and women
in the consumer decision-making process. Tailoring products and marketing strategies to resonate with
the preferences and priorities of each gender can enhance the success of the organization. By
understanding and addressing the unique needs and motivations of both men and women, producers can
effectively engage a diverse consumer base and drive greater satisfaction and loyalty.

EFFECT OF TECHNOLOGY ON CONSUMER BUYING BEHAVIOUR


The rise of internet-enabled smartphones and tablets has significantly influenced consumer buying
behavior, ushering in a new era of digital connectivity and commerce. This technology has facilitated
widespread connectivity among consumers, allowing for the rapid sharing of feedback on post-purchase
experiences.
Digital marketing has revolutionized the retail landscape by enabling consumers to access products and
services at any time and from anywhere. The power is now in the hands of consumers, empowering
them to make informed purchasing decisions based on their preferences and needs.
Advancements in technology have brought unprecedented convenience to the shopping experience, with
many consumers citing online shopping as a stress-free and time-saving alternative. The availability of
exchanges and free return options has further contributed to the growing popularity of online shopping,
resulting in overwhelming responses in recent years.
Social media platforms have played a pivotal role in driving consumer shopping behavior, fostering a
culture of engagement and influence. However, maintaining consumer interest and loyalty hinges on the
delivery of quality products and services. Companies must adapt to the evolving technological landscape
and consumer preferences to stay competitive in the market.
In conclusion, the rapid technological changes have transformed consumer behavior and expectations.
Companies must prioritize delivering superior products and services while leveraging digital platforms
to engage with consumers effectively. By embracing technological advancements and focusing on
customer satisfaction, businesses can thrive in an increasingly digital and interconnected marketplace.

ORIGIN OF COLLECTING CONSUMER BEHAVIOUR DATA


Consumer behavior research is indispensable for analyzing the characteristics of consumers' pre-
purchase and post-purchase behaviors. Various methods, including observation, interviews,
questionnaires, online surveys, case studies, and document analysis, are employed to collect consumer
behavior data. With the prevalence of the internet, consumer data collection has become more accessible

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through online platforms. Both quantitative and qualitative research methods are essential for ensuring
the reliability of collected data.
Data collection can be categorized into two traditional approaches: primary data collection and
secondary data collection. Primary data refers to original data collected directly by the researcher,
whereas secondary data are obtained from existing sources. By utilizing a combination of primary and
secondary data collection methods, researchers can gather comprehensive insights into consumer
behavior patterns and preferences.

Chapter 2:
Research methodology
RESEARCH METHODOLOGY
Introduction:
The chapter on research methodology provides an overview of the approach taken to fulfill the
objectives of the study on factors influencing consumer behavior in the Indian fashion retail industry. It
provides a basis for the chosen research design, data collection instruments, sampling design, and
analysis techniques.
Rationale for the Study:
The Indian fashion retail industry is experiencing rapid changes due to evolving consumer preferences,
technological advancements, and market dynamics. Understanding these factors and their impact on
consumer behavior is crucial for fashion retailers to remain competitive and effectively cater to their
target market.
Statement of Problem:
The study aims to address the lack of comprehensive research on consumer behavior in the Indian
fashion retail industry, particularly focusing on recent trends and preferences. By identifying the key
factors influencing consumer behavior, the study seeks to provide valuable insights for fashion retailers
to enhance their marketing strategies and customer engagement tactics.
Significance of the study:
The findings of this study are expected to contribute to a deeper understanding of consumer behavior in
the Indian fashion retail industry, ultimately empowering retailers and stakeholders to make informed
decisions and drive business success. Fashion retailers can use these insights to better understand their
target market, improve product offerings, enhance customer satisfaction, and ultimately drive business
growth.
Research Objectives:
1. To identify the key factors influencing consumer behavior in the Indian fashion retail industry.
2. To analyze recent trends and preferences shaping consumer behavior in the Indian fashion retail
market.
3. To examine the impact of factors such as socio-cultural influences, technological advancements, and
marketing strategies on consumer behavior.
4. To provide recommendations for fashion retailers to enhance their understanding of consumer
behavior and tailor their marketing strategies accordingly.
Scope of the Study:
The study focuses on the city of Lucknow, India, and aims to collect data from a sample of 80
respondents. It examines factors such as brand perception, product quality, pricing, convenience, and on-

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ine shopping preferences within the Indian fashion retail industry..


Research Design:
The research design adopted for this study is descriptive in nature, aiming to describe and analyze the
factors influencing consumer behavior in the Indian fashion retail industry.
Data Collection Instrument:
For the primary data collection in this study, the designed structured questionnaire will serve as the main
instrument. The questionnaire will gather both quantitative and qualitative data from the respondents,
utilizing a combination of closed-ended and open-ended questions..
Sampling Design:
• Sample Size: 80 respondents will be selected for the study.
• Sampling Method: Convenience sampling method will be employed, where respondents will be
selected based on their availability and willingness to participate.
• Sampling Unit: The sampling unit will be individuals aged 18 and above, residing in Lucknow,
India, who have purchased fashion apparel in the past six months.
Limitations of the Project:
• The study is limited to the city of Lucknow, which may not represent the entire Indian fashion retail
market.
• The sample size of 80 respondents may limit the generalizability of the findings.
• The study acknowledges that self-reported data, obtained through methods such as questionnaires,
may be susceptible to response bias.

Chapter 3:
Data analysis & interpretation
DATA ANALYSIS AND INTERPRETATION
A. Demographic Information:
Gender
- Male 32
- Female 48
In the provided data, it is evident that the sample predominantly comprises females, constituting 60% of
the respondents, while males represent 37.5%, and individuals identifying as "Other" account for 2.5%.
This gender distribution reflects a slight skew towards females, which may be indicative of several
factors, including the nature of the fashion retail industry itself. Historically, fashion has been more
closely associated with women, leading to a higher participation rate among females in studies related to
fashion consumer behavior. Additionally, societal norms and cultural perceptions may influence
individuals' willingness to participate in such studies, with women potentially feeling more inclined or
encouraged to share their opinions on fashion-related topics. However, it is important to acknowledge
and consider the perspectives and experiences of individuals across all gender identities to ensure a
comprehensive understanding of consumer behavior in the fashion retail industry.

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E-ISSN: 2582-2160 ● Website: www.ijfmr.com ● Email: editor@ijfmr.com

Age

18-24
25-34
35-44
45-54
55 above

The age distribution within the sample suggests a varied representation across different age groups. The
major percentage falls within the 25-34 age group, constituting 31.25% of the respondents, followed by
the 35-44 age set at 25%, whereas individuals aged 18-24 represent 18.75%. The older age categories,
specifically those aged 45-54 and 55 and above, account for 12.5% each. This distribution reflects a
diverse range of age demographics within the sample, allowing for a comprehensive exploration of
consumer behavior in the fashion retail industry across various life stages. The relatively higher
representation of respondents in the 25-34 age group may suggest a greater interest or engagement with
fashion-related topics among individuals in this age bracket. Additionally, the inclusion of older age
groups ensures a holistic understanding of consumer preferences and behaviors across different
generational cohorts, thereby enhancing the robustness and applicability of the study findings.

Educational Qualification

High School
Bachelors degree35
Masters
Professional Degree
others

The educational qualification distribution among the sample demonstrates a diverse range of academic
backgrounds. The majority of respondents hold a Bachelor's Degree, comprising 43.75% of the sample,
followed by individuals with a Master's Degree at 31.25%. High School graduates represent 15%, while
those with a Doctorate or Professional Degree constitute 7.5%. The category labeled "Other" accounts
for 2.5% of the sample. This distribution reflects a varied level of educational attainment among

IJFMR240218688 Volume 6, Issue 2, March-April 2024 12


International Journal for Multidisciplinary Research (IJFMR)
E-ISSN: 2582-2160 ● Website: www.ijfmr.com ● Email: editor@ijfmr.com

participants, contributing to a rich and nuanced exploration of consumer behavior in the fashion retail
industry. Individuals with higher levels of education may bring a deeper understanding of market
dynamics and consumer trends to the study, while those with less formal education may offer unique
perspectives based on their experiences and personal preferences. By including respondents from diverse
educational backgrounds, the study aims to capture a comprehensive overview of consumer behavior,
ensuring the validity and applicability of its findings across different segments of the population.

Monthly Househod Income

Below 20k
20k- 50k
50k-100k
above 100k

The distribution of monthly household income among the sample showcases a diverse range of financial
backgrounds. The largest proportion falls within the income bracket of ₹50,001 - ₹1,00,000, constituting
40% of the respondents, followed by those earning between ₹20,000 - ₹50,000 at 37.5%. Individuals
with incomes above ₹1,00,000 make up 12.5% of the sample, while those earning below ₹20,000
represent 10%. This distribution reflects a broad spectrum of economic circumstances within the sample,
enabling an exploration of consumer behavior in the fashion retail industry across different income
levels. Individuals with higher incomes may have greater purchasing power and discretionary spending,
potentially influencing their shopping preferences and behaviors. Conversely, those with lower incomes
may prioritize value and affordability in their purchasing decisions. By considering respondents from
various income brackets, the study aims to provide insights into how economic factors shape consumer
behavior and purchasing patterns in the fashion retail sector.

Consumer Behavior in the Indian Fashion Retail Industry:


Factors Influencing Purchase Decision Frequency
Brand reputation 60
Product quality 72
Pricing 65
Trendiness 48
Convenience of purchase 55
Social media influence 30
Recommendations 42
Others 10

The table provides insights into the frequency of factors influencing purchase decisions among the
respondents. Product quality emerges as the most influential factor, with 72 respondents indicating its

IJFMR240218688 Volume 6, Issue 2, March-April 2024 13


International Journal for Multidisciplinary Research (IJFMR)
E-ISSN: 2582-2160 ● Website: www.ijfmr.com ● Email: editor@ijfmr.com

significance in their purchase decisions. Following closely behind, pricing and brand reputation are cited
by 65 and 60 respondents, respectively. Convenience of purchase is also noted as a significant factor by
55 respondents. However, trendiness appears to have a slightly lower impact, with 48 respondents
considering it when making purchase decisions. Social media influence and recommendations are cited
by 30 and 42 respondents, respectively, indicating their moderate influence. Additionally, 10
respondents mentioned other factors not specified in the list. This data suggests that consumers prioritize
product quality and value for money when making purchase decisions, while also considering the
reputation of the brand and the convenience of the purchasing process.

Importance of Brand Perception Frequency


Not important at all 5
Somewhat important 12
Moderately important 30
Very important 25
Extremely important 8

The frequency table illustrates the importance of brand perception among the respondents. While a
minority of respondents (5) considered brand perception as "Not important at all," the majority
expressed varying degrees of importance. Specifically, 12 respondents regarded brand perception as
"Somewhat important," 30 respondents considered it "Moderately important," and 25 respondents
deemed it "Very important." Additionally, 8 respondents indicated that brand perception is "Extremely
important" to them. This data underscores the significance of brand perception in shaping consumer
preferences and purchase decisions within the fashion retail industry. It suggests that while some
consumers may place less emphasis on brand perception, a substantial portion considers it a crucial
factor influencing their buying behavior. As such, brands should strive to cultivate positive perceptions
among consumers to establish trust and loyalty, ultimately driving sales and market success.

Preference for Shopping

Online
Offline
Both Online& Offline

The above chart depicts the preference for shopping among the respondents, delineating their
inclinations towards online shopping, physical stores, or an equal preference for both. Among the
respondents, 40 indicated a preference for online shopping, while 25 favored physical stores.
Additionally, 15 respondents expressed an equal preference for both online and physical stores. This
data highlights the diversity in consumer preferences within the sample, reflecting varying attitudes

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International Journal for Multidisciplinary Research (IJFMR)
E-ISSN: 2582-2160 ● Website: www.ijfmr.com ● Email: editor@ijfmr.com

towards shopping channels. While a significant proportion favors online shopping, a considerable
number still prefer the traditional brick-and-mortar experience. Furthermore, a segment of respondents
values the convenience and accessibility offered by both online and physical stores, indicating a
balanced approach to shopping. These findings underscore the importance for retailers to offer
omnichannel experiences that cater to the diverse preferences of consumers, ensuring accessibility and
satisfaction across different shopping platforms.

Factors Influencing Choice Frequency


Convenience 50
Pricing 40
Availability 35
Customer service 20
Trust in online transactions 28
Shopping experience 22
Others 10

The frequency table presents the factors influencing choice among the respondents when making
purchasing decisions. Convenience emerges as the most significant factor, with 50 respondents citing it
as influential in their choices. Pricing closely follows, with 40 respondents considering it a crucial factor.
Availability is also noted by 35 respondents as an important consideration. Customer service and trust in
online transactions are cited by 20 and 28 respondents, respectively, indicating their moderate influence.
Additionally, shopping experience is mentioned by 22 respondents as a factor influencing their choices.
Furthermore, 10 respondents specified other factors not included in the list.
This data underscores the multifaceted nature of consumer decision-making, with respondents
considering various factors when selecting products or services. While convenience, pricing, and
availability are primary considerations, factors such as customer service and trust in online transactions
also play a significant role. The inclusion of other factors not specified in the list further highlights the
complexity of consumer preferences and the need for businesses to understand and address diverse
considerations to meet consumer needs effectively.

Likehold of respondants

Very Likely
Likely
Neutral
Unlikely
Very Unlikely

The frequency table illustrates the likelihood of respondents to recommend a product or service to
others. The majority of respondents, comprising 63 individuals, indicated a positive likelihood of
IJFMR240218688 Volume 6, Issue 2, March-April 2024 15
International Journal for Multidisciplinary Research (IJFMR)
E-ISSN: 2582-2160 ● Website: www.ijfmr.com ● Email: editor@ijfmr.com

recommendation, with 28 respondents stating they were "Very likely" to recommend and 35 respondents
indicating they were "Likely" to do so. Additionally, 10 respondents expressed a neutral stance on
recommendation likelihood. Conversely, a smaller proportion of respondents, totaling 7 individuals,
expressed reservations about recommending, with 5 respondents indicating they were "Unlikely" and 2
respondents stating they were "Very unlikely" to recommend.
This data suggests a generally positive inclination among respondents towards recommending products
or services to others. The majority exhibit a favorable attitude towards recommendations, with a notable
portion expressing strong likelihood. However, a minority hold reservations, reflecting potential areas
for improvement in customer satisfaction or product/service quality. Understanding the factors that
influence recommendation likelihood can aid businesses in enhancing customer experiences and
fostering positive word-of-mouth marketing.

Chapter 4: Findings
Introduction:
This chapter presents the findings of the study on the factors influencing consumer behavior in the
Indian fashion retail industry. The analysis encompasses various aspects, including consumer
preferences, shopping habits, and decision-making processes. Through an exploration of the collected
data, this chapter aims to provide insights into the intricacies of consumer behavior within the Indian
fashion retail landscape.
Consumer Demographics:
Before delving into the specific findings, it is essential to understand the demographic characteristics of
the study participants. The sample comprises 80 respondents from Lucknow, spanning diverse age
groups, educational backgrounds, and income levels. Among the respondents, the majority are female
(60%), with males accounting for 37.5% and individuals identifying as "Other" making up 2.5% of the
sample. In terms of age, the major percentage falls within the 25-34 age group (31.25%), followed by
the 18-24 age set (18.75%). Educational qualifications vary, with the majority holding Bachelor's
degrees (43.75%), followed by Master's degrees (31.25%). Regarding monthly household income, the
most common bracket is ₹20,000 - ₹50,000 (37.5%), followed by ₹50,001 - ₹1,00,000 (40%).
Factors Influencing Purchase Decisions:
One of the key findings of the study pertains to the factors influencing purchase decisions among
consumers in the Indian fashion retail industry. A frequency analysis revealed that product quality
emerged as the most significant factor, with 72 respondents (90%) considering it crucial in their
purchase decisions. Pricing closely followed, cited by 65 respondents (81.25%), highlighting the
importance of affordability to consumers. Availability was also noted as important by 35 respondents
(43.75%), indicating the significance of product accessibility. Customer service and trust in online
transactions were cited by 20 (25%) and 28 (35%) respondents, respectively, underscoring the role of
service quality and trustworthiness in influencing consumer choices. Additionally, shopping experience
was mentioned by 22 respondents (27.5%), reflecting the impact of the overall retail experience on
purchase decisions.
Preference for Shopping Channels:
The study also examined consumer preferences regarding shopping channels, particularly online versus
physical stores. The findings revealed a preference for online shopping among a majority of respondents,
with 40 individuals (50%) indicating a preference for online channels. In contrast, 25 respondents

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International Journal for Multidisciplinary Research (IJFMR)
E-ISSN: 2582-2160 ● Website: www.ijfmr.com ● Email: editor@ijfmr.com

(31.25%) favored physical stores, while 15 respondents (18.75%) expressed an equal preference for both
online and physical shopping. This suggests a growing inclination towards online shopping, potentially
influenced by factors such as convenience, product variety, and competitive pricing.
Likelihood of Recommendation:
Another aspect explored in the study was the likelihood of consumers to recommend products or
services to others. The majority of respondents exhibited a positive inclination towards recommendation,
with 63 individuals (78.75%) expressing a likelihood to recommend. Among them, 28 respondents
(35%) stated they were "Very likely" to recommend, while 35 respondents (43.75%) indicated they were
"Likely" to do so. Additionally, 10 respondents (12.5%) expressed a neutral stance on recommendation
likelihood. However, a minority of respondents expressed reservations about recommending, with 5
respondents (6.25%) stating they were "Unlikely" and 2 respondents (2.5%) indicating they were "Very
unlikely" to recommend.
Interpretation of Findings:
The findings underscore several key insights into consumer behavior in the Indian fashion retail
industry. Firstly, product quality emerges as a paramount consideration for consumers, highlighting the
importance of offering high-quality merchandise to attract and retain customers. Pricing also plays a
crucial role, with affordability being a significant factor influencing purchase decisions. Additionally,
the preference for online shopping reflects changing consumer preferences and the growing significance
of e-commerce in the retail landscape. This underscores the importance for retailers to invest in their
online presence and provide a seamless shopping experience across digital platforms. Furthermore, the
positive inclination towards recommendation highlights the potential of word-of-mouth marketing in
driving customer acquisition and retention.
The findings of the study shed light on the diverse factors influencing consumer behavior in the Indian
fashion retail industry. From product quality and pricing to shopping channel preferences and likelihood
of recommendation, various aspects shape consumer choices and purchasing decisions. Understanding
these factors is crucial for businesses seeking to effectively engage with consumers and enhance their
competitiveness in the dynamic retail market. By leveraging these insights, retailers can tailor their
strategies to meet consumer needs and preferences, ultimately fostering customer satisfaction and loyalty
in the Indian fashion retail landscape.

Chapter 5: Conclusion & Suggestions


The Indian fashion retail industry is a dynamic and rapidly evolving sector characterized by changing
consumer preferences, technological advancements, and shifting market dynamics. This chapter
provides a comprehensive conclusion based on the findings of the study, offering insights into the key
factors influencing consumer behavior and implications for the industry. By synthesizing the research
findings and drawing actionable conclusions, this chapter aims to contribute to a deeper understanding
of consumer behavior in the Indian fashion retail landscape.
The study explored various aspects of consumer behavior in the Indian fashion retail industry,
encompassing factors influencing purchase decisions, shopping preferences, and likelihood of
recommendation. A detailed analysis revealed several noteworthy findings:
1. Factors Influencing Purchase Decisions: Product quality emerged as the most significant factor
influencing purchase decisions, followed closely by pricing and availability. Customer service, trust

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International Journal for Multidisciplinary Research (IJFMR)
E-ISSN: 2582-2160 ● Website: www.ijfmr.com ● Email: editor@ijfmr.com

in online transactions, and shopping experience also played important roles in shaping consumer
choices.
2. Preference for Shopping Channels: The majority of respondents expressed a preference for online
shopping, citing reasons such as convenience, product variety, and competitive pricing. However, a
significant proportion still favored physical stores, indicating the continued relevance of brick-and-
mortar retail.
3. Likelihood of Recommendation: Overall, respondents exhibited a positive inclination towards
recommending products or services to others. While the majority expressed likelihood to
recommend, a minority held reservations, emphasizing the importance of customer satisfaction and
service quality.
Implications for the Industry: The findings of the study carry several implications for stakeholders in the
Indian fashion retail industry:
1. Enhancing Product Quality: Given the paramount importance of product quality in influencing
purchase decisions, retailers should prioritize offering high-quality merchandise to attract and retain
customers. Investing in product development, sourcing, and quality control measures can help
differentiate brands and foster consumer trust.
2. Embracing Omni-channel Retailing: While online shopping is gaining prominence, traditional
physical stores remain relevant for many consumers. Retailers should adopt an Omni-channel
approach, integrating online and offline channels to provide seamless shopping experiences and cater
to diverse consumer preferences.
3. Improving Online Presence: With the growing preference for online shopping, retailers must invest
in enhancing their online presence and e-commerce capabilities. This includes optimizing website
functionality, enhancing user experience, and leveraging digital marketing strategies to drive traffic
and conversion.
4. Fostering Customer Loyalty: Building strong relationships with customers is essential for long-
term success in the fashion retail industry. By delivering exceptional customer service, providing
personalized experiences, and incentivizing loyalty through rewards programs, retailers can cultivate
a loyal customer base and drive repeat business.
5. Harnessing the Power of Recommendation: Positive word-of-mouth recommendations can
significantly impact brand perception and customer acquisition. Retailers should focus on delivering
exceptional experiences that inspire customers to recommend their products or services to others,
thereby leveraging the power of advocacy in driving sales and brand growth.
Conclusion: In conclusion, the findings of the study provide valuable insights into consumer behavior in
the Indian fashion retail industry. By understanding the factors influencing purchase decisions, shopping
preferences, and likelihood of recommendation, retailers can tailor their strategies to meet consumer
needs and expectations effectively. In an increasingly competitive and dynamic market landscape, the
ability to anticipate and adapt to evolving consumer trends is paramount for success. By embracing
innovation, leveraging technology, and prioritizing customer-centricity, retailers can position themselves
for sustainable growth and competitive advantage in the Indian fashion retail landscape.

Suggestions:
1. Enhance Product Quality: Invest in improving the quality of merchandise to meet or exceed
consumer expectations. Conduct regular quality checks, collaborate with reliable suppliers, and

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International Journal for Multidisciplinary Research (IJFMR)
E-ISSN: 2582-2160 ● Website: www.ijfmr.com ● Email: editor@ijfmr.com

prioritize sustainable and ethically sourced materials to enhance product value and customer
satisfaction.
2. Expand Omni-channel Presence: Embrace an integrated Omni-channel approach to retailing by
offering seamless shopping experiences across online and offline channels. Invest in technology and
infrastructure to enable click-and-collect services, omnichannel inventory management, and
personalized customer interactions.
3. Optimize Online Platforms: Continuously optimize and enhance online platforms, including
websites and mobile apps, to provide intuitive navigation, fast loading times, and secure payment
gateways. Implement user-friendly interfaces, personalized recommendations, and responsive
customer support to enhance the online shopping experience.
4. Prioritize Customer Service: Invest in training and empowering frontline staff to deliver
exceptional customer service across all touch points. Focus on resolving customer queries promptly,
addressing complaints effectively, and going above and beyond to exceed customer expectations,
fostering loyalty and advocacy.
5. Foster Brand Loyalty: Develop loyalty programs and incentives to reward repeat purchases and
customer referrals. Create engaging brand experiences through exclusive events, personalized offers,
and immersive storytelling to deepen emotional connections and foster long-term brand loyalty.
6. Embrace Sustainability: Demonstrate commitment to sustainability and social responsibility by
adopting eco-friendly practices, reducing carbon footprint, and supporting ethical supply chains.
Communicate transparently about sustainability initiatives to resonate with environmentally
conscious consumers and build brand trust.
7. Innovate in Marketing Strategies: Experiment with innovative marketing strategies, such as
influencer collaborations, experiential marketing events, and interactive social media campaigns, to
engage with consumers authentically and create memorable brand experiences.
8. Stay Agile and Adaptive: Continuously monitor market trends, consumer preferences, and
competitive landscape to stay agile and adaptive. Be open to feedback, iterate on strategies based on
performance data, and pivot quickly to capitalize on emerging opportunities and mitigate risks.
9. Cultivate a Culture of Innovation: Foster a culture of innovation within the organization by
encouraging creativity, experimentation, and cross-functional collaboration. Empower employees to
share ideas, embrace change, and challenge the status quo to drive continuous improvement and
sustainable growth.

Chapter 6: Annexure
Questionnaire for Data Collection
Demographic Information:
1. Gender:
• Male
• Female
2. Age:
• 18-25
• 25-35
• 35-45
• 45-55

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International Journal for Multidisciplinary Research (IJFMR)
E-ISSN: 2582-2160 ● Website: www.ijfmr.com ● Email: editor@ijfmr.com

• 55 and above
3. Educational Backgrounds:
• High School
• Bachelor's Degree
• Master's Degree
• Professional Degree
• Others
4. Monthly Household Earnings:
• Below ₹20,000
• ₹20,000 - ₹50,000
• ₹50,001 - ₹1,00,000
• Above ₹1,00,000
Consumer Behavior in the Indian Fashion Retail Industry:
5. How many times do you purchase fashion apparel?
• Daily
• Weekly
• Monthly
• Occasionally
• Rarely
6. What factors influence your decision to purchase fashion apparel? (Select all that apply)
• Brand reputation
• Product quality
• Pricing
• Trendiness
• Convenience of purchase
• Social media influence
• Recommendations from friends or family
• Other (please specify): ______________
7. How important is brand perception in your decision to purchase fashion apparel?
• Not important at all
• Somewhat important
• Moderately important
• Very important
• Extremely important
8. What is your most preferred mode to shop fashion apparel online or offline?
• Online
• Offline
• Both
9. What factors influence your choice between online and physical stores? (Select all that apply)
• Convenience
• Pricing
• Availability of products
• Customer service

IJFMR240218688 Volume 6, Issue 2, March-April 2024 20


International Journal for Multidisciplinary Research (IJFMR)
E-ISSN: 2582-2160 ● Website: www.ijfmr.com ● Email: editor@ijfmr.com

• Trust in online transactions


• Shopping experience
• Other (please specify): ______________
10. How satisfied are you with your recent fashion apparel purchases?
• Extremely satisfied
• Very satisfied
• Moderately satisfied
• Slightly satisfied
• Not satisfied at all
11. How likely are you to recommend the fashion retailer to others based on your recent shopping
experience?
• Very likely
• Likely
• Neutral
• Unlikely
• Very unlikely

IJFMR240218688 Volume 6, Issue 2, March-April 2024 21

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