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Project report on
consumer buying behavior
towards branded and non
    branded jewellery        Presented by-
                                Group 7
                             Gaurav Khatri
                            Devendran S.P
                           Pushpam Shree
                    Vandana Madhuri Singh
                         Siddharth Tripathi
                              Timsi Luthra
INTRODUCTION
 As India makes rapid progress in the retail arena, the Indian
  Jewellery market is undergoing a gradual metamorphosis from
  unorganized to organized formats.
 Jewellery retailing is moving from a ‘Storehouse of value’ to a
  ‘Precious fashion accessory’.
 Consumers are more quality conscious than ever before.
 The jewellery market is one of the largest consumer sectors in
  the country- larger than telecom, automobiles, and apparel and
  perhaps second only to the foods sector.
Sample size- 50
Population- residents of NCR region
Sampling design- Random sampling
OBJECTIVES
To study and understand the buying behavior of
 consumers for branded and non branded jewellery
To find the difference b/w perceptions, opinion and
 behavior of branded and non- branded jewellery
 buyers.
To have an idea about parameters consumer consider
 while buying jewellery
To know the knowledge level of customers regarding
 the jewellery brands available in the market
DECISION PROBLEM


Why the behavior of consumers towards
branded jewellery still not inclined in a
proper way as compared to non branded
jewellery?
RESEARCH PROBLEMS
1) What is the awareness and purchase intention of consumers
   while buying jewellery?
2) What kind of designs are preferred by the consumers,
   traditional or branded?
3) What are the branded jewelers doing to create awareness
   about their products?
4) Does buying behavior change as per the occasion?
5) Is there any difference in the buying patterns of working
   women and housewives?
6) How brand conscious are people when they buy jewellery for
   others?
HYPOTHESIS
 The income level of the buyers is same.
 The expectations of the buyers from the jewelers
  remain the same in every situation.
 Buyers make purchases only during some occasion
  like marriages, gifts, etc.
 More of female buyers are inclined towards the new
  designs introduced by the branded jewelers.
Continued..
 The selection of jeweler also depends upon
  the geographical location of buyer.
 The knowledge about the branded jewelers is
  due to the advertisements floating on air.
 The price of gold and other precious stones
  also play a significant role in the purchasing
  procedure.
BRANDED JEWELLERS
 Nakshatra
 Tiffany
 Cartier’s
 Gili
 Tanishq
 D’damas
 Gitanjali Jewels
BRANDED JEWELLERY
 Name & reputation gives a confidence to the consumer
 It comes with a written lifetime guarantee, considering the
  emotional quotient of the consumer
 Excellent quality, good selling policies and backup services for
  jewellery
 Has a more contemporary stylish and classic outlook, which
  easily segments itself among the traditional ones.
 Available at multiple outlets
NON-BRANDED JEWELLERY

Customer can tailor make jewellery according to their
 preferences
No written lifetime guarantee, trust is purely based on
 consumer
Minimum efforts in packaging, finishing, sales & low
 advertising
Is usually bulky & traditional
Available only in traditional jewellery outlets
FINDINGS

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consumer buying behaviour of branded and non branded jewellery

  • 1. Project report on consumer buying behavior towards branded and non branded jewellery Presented by- Group 7 Gaurav Khatri Devendran S.P Pushpam Shree Vandana Madhuri Singh Siddharth Tripathi Timsi Luthra
  • 2. INTRODUCTION  As India makes rapid progress in the retail arena, the Indian Jewellery market is undergoing a gradual metamorphosis from unorganized to organized formats.  Jewellery retailing is moving from a ‘Storehouse of value’ to a ‘Precious fashion accessory’.  Consumers are more quality conscious than ever before.  The jewellery market is one of the largest consumer sectors in the country- larger than telecom, automobiles, and apparel and perhaps second only to the foods sector.
  • 3. Sample size- 50 Population- residents of NCR region Sampling design- Random sampling
  • 4. OBJECTIVES To study and understand the buying behavior of consumers for branded and non branded jewellery To find the difference b/w perceptions, opinion and behavior of branded and non- branded jewellery buyers. To have an idea about parameters consumer consider while buying jewellery To know the knowledge level of customers regarding the jewellery brands available in the market
  • 5. DECISION PROBLEM Why the behavior of consumers towards branded jewellery still not inclined in a proper way as compared to non branded jewellery?
  • 6. RESEARCH PROBLEMS 1) What is the awareness and purchase intention of consumers while buying jewellery? 2) What kind of designs are preferred by the consumers, traditional or branded? 3) What are the branded jewelers doing to create awareness about their products? 4) Does buying behavior change as per the occasion? 5) Is there any difference in the buying patterns of working women and housewives? 6) How brand conscious are people when they buy jewellery for others?
  • 7. HYPOTHESIS  The income level of the buyers is same.  The expectations of the buyers from the jewelers remain the same in every situation.  Buyers make purchases only during some occasion like marriages, gifts, etc.  More of female buyers are inclined towards the new designs introduced by the branded jewelers.
  • 8. Continued..  The selection of jeweler also depends upon the geographical location of buyer.  The knowledge about the branded jewelers is due to the advertisements floating on air.  The price of gold and other precious stones also play a significant role in the purchasing procedure.
  • 9. BRANDED JEWELLERS  Nakshatra  Tiffany  Cartier’s  Gili  Tanishq  D’damas  Gitanjali Jewels
  • 10.
  • 11. BRANDED JEWELLERY  Name & reputation gives a confidence to the consumer  It comes with a written lifetime guarantee, considering the emotional quotient of the consumer  Excellent quality, good selling policies and backup services for jewellery  Has a more contemporary stylish and classic outlook, which easily segments itself among the traditional ones.  Available at multiple outlets
  • 12. NON-BRANDED JEWELLERY Customer can tailor make jewellery according to their preferences No written lifetime guarantee, trust is purely based on consumer Minimum efforts in packaging, finishing, sales & low advertising Is usually bulky & traditional Available only in traditional jewellery outlets