Fashion Trends: Consumer Perception and How It Affects Their Buying Behaviour
this is related to the study on fashion trends: consumer perception and its impact on the consumer buying behaviour. This include the empirical findings of consumer perception towards fast fashion and their willingness to adopt fashion trends and style and how fashion trends effects consumer buying behaviour in clothes purchasing.
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Fashion Trends: Consumer Perception and How It Affects Their Buying Behaviour
this is related to the study on fashion trends: consumer perception and its impact on the consumer buying behaviour. This include the empirical findings of consumer perception towards fast fashion and their willingness to adopt fashion trends and style and how fashion trends effects consumer buying behaviour in clothes purchasing.
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Fashion Trends: consumer
perception and how it affects their buying behaviour Presented By, Mohd. Aaquib Qureshi 1903722 Introduction “Fashion is not something that exists in dresses only. Fashion is in the sky, in the street, fashion has to do with ideas, the way we live, what is happening”- Coco Chanel (Fashion icon). we can say that fashion trend is the designers’ creation and development which adopted and appreciated by many peoples. Fast fashion is a new term used to describe clothing collections that are based on the most recent fashion trends. It emerges in the context of that the fashion cycle is moving faster than ever before. Introduction This research addresses the fashion trend influences on the consumers; their styling and buying of clothes. This analyses the general consumer behaviour towards fast fashion, what the underlying causes that form the behaviours and consumer perception towards fashion trends. The analyses are based on combination of consumer behaviour theories, descriptive and empirical study that is found from questionnaires conducted in Agra. The main results from the analyses are respectively obtained in 4 main terms: fashion trend: consumer perception and styling, Decision making process and involvement, Individual differences, and Group influences. Outcome can be further developed into marketing implications. Objectives To examine the consumer perception towards fashion trends and the fast fashion. To identify the willingness of styling and adoption of fashion trends by consumers. To identify the buying behaviour of consumers towards fast fashion. Need of the study The people of Agra are very much concern about fashion trend demanding the fashion clothes according to flowing fashion. The youth generation go to Delhi and other cities to purchase the fashionable clothes so there is a need to study the fashion trends marketing and how it is changing the buying behaviour of the consumer and the response of the cloth retailing industry of Agra. This study will cover the various aspects and perceptions of consumers towards fashion trends that can be used in marketing campaign of different brands for compete in the market Research gap Though several researchers attempted to conduct a detailed study on the fashion trends but in recent time none of the researcher focused on the fashion trend influences and impacts on the general consumers and their buying behaviour. Other studies neglect the consumer perception towards fashion trends, and styling. Hence, it seems to appropriate to conduct on the study, “Fashion Trends: consumer perception and how it affects their buying behaviour”. Reserch Methodology Title of the study: “Fashion Trends: consumer perception and how it affects their buying behaviour” (with special reference to Agra district). Sample: 72 Research design: This is the descriptive & empirical study on the fashion trends and how this affects the buying behaviour of consumer. The betterment of marketing implications of the brands and retailers for the fashion trends in Agra for profitability. Universe: consumers of Agra district. Primary data: The main goal is to achieve in the primary research is to developing a practical knowledge, understanding the present trend, get response of the questionnaire. Customer Survey: For customer survey, we make a questionnaire for 20 questions and give it to individuals. Age group of (18-35) years old Secondary data: internet, books, magazines, journal etc. Findings & Analysis Fashion trend • Consumer perception : consumers follow the internet for assessing the information about the fashion trend and want to intimidate the styling of the celebrities. They follow them and influenced by them as well as from social influencers. • Styling adoption : Consumers are willing to adopt the fashion trend in their styling and more focused to change their styling more often as per their convenience. Brand campaigns can create curiosity and hype among the consumers regarding the fashion trend. Contd. Decision Making Process and Involvement • Decision Making Process: To be specific, consumer decision process varies, for fashion trends and happens in following 3 patterns: (1) Purchasing in accordance with certain expectation. (2) Purchasing some unexpected item during the shopping with certain expectation. • Degree of Involvement: Fashion trends has bit significant meaning to consumers’ self-image, the information for consumers are not in lack, the risk to purchase is not high, and it also has some social importance, therefore, fashion trends can be regarded to belong to the bit less degree of involvement. Contd. • Alternative Evaluation: In the evaluation of alternatives between fast fashion brands and other fashion brands or stores, consumers regard price as a very important criterion, thereby fast fashion gaining more scores when consumers making decision, and especially when there is no relation between price and whether trendy, since trendiness is also a key criterion in this case. • Individual Differences • Knowledge: It does not play a very important role in fast fashion purchase. • Attitude: Consumers already have some attitudes, or beliefs, towards the two different involved fast fashion brands, H&M and Zara and other brands. Contd. • Self-Concept: It will be much easier to attract the target group if a brand does well to stress the match between consumers’ self-image and brand image. Thus, only when the three images: the brand’s target consumers’ self-image, the brand image. Most consumers think fashion trend is important for their self image. • Lifestyle: Today lifestyle becomes a popular concept, and the marketers use it very commonly to build relationship of their products with the target consumers’ daily life. Consumer chose Indian and western fashion according to their convenience and occasion. Contd. Group Influences • Reference Group Influence: The most reference sources is Internet, then also media sources like TV & Movies, magazines, newspapers and people around. Firstly, the way to get product information from people around is very different from the rest ways, because the information is actually conveyed by individuals on an informal basis, which is very often used in our everyday experience, also called “word-of-Mouth communication”. • Word-of-Mouth Influence and Opinion Leadership: Mostly peoples like to talk about the fashion with friends and take their opinion on the fashion trends , here WOM works to influence their purchase decisions. Conclusion & suggestions The main results we got from the above analysis, which are valuable for marketing strategies, will be further developed into marketing implications as: • More focused on Internet, celebrities and social influencers for setting your fashion & style to be go in trend • Brand campaigns and promote fashion trend • Get more consumers to be involved • Improve the store situation • Influence consumers’ attitudes to the brand or fashion trends. Thank You