Académique Documents
Professionnel Documents
Culture Documents
Knowledge.
Signature of Student
CERTIFICATE
2004 2005. The information submitted is true and original to the best of my
knowledge,
2
ACKNOWLEDGEMENT
I would sincerely like to thank few people for the help & support given by
them:
MY FAMILY
FRIENDS.
3
Executive summary
Teenagers and young adults are not just big spenders themselves; but
they are also the biggest influencing force in a familys expenditure
chart.
They not only look for quality and quantity but also for moneys
worth. Such teen behavior influences the economic market.
They not only look for quality and quantity but also for moneys
worth. Such teen behavior influences the economic market.
There are certain factors that influence the buying behavior of teens
such as:
Cultural.
Social.
Personal.
Psychological.
4
TABLE OF CONTENT
SR. NO CONTENT PAGE
NO.
1 INTRODUCTION 7
5 QUESTIONNAIRE FORMULATION
8 ANALYSIS
10 RECOMMENDATIONS
11 BIBLIOGRAPHY
12 ANNEXURE
5
INTRODUCTION
Why do Pepsi and other brands have to sponsor these intercollegiate events?
The answer to this question is the students.the teenagers! These
teenagers become aware of these brands when they see them in the festival
around themselves. Teenagers & young adults are not just being spenders
themselves, but they are also the biggest influencing force in a familys
expenditure chart.
If market studies have it right, youngsters today not only decide for
themselves but also influence the decision of their parents. Moreover, though
they do not have the purchasing power yet, they would soon come into that
bracket.
Mineral water, Ayurvedic drugs, detergents arent the kind of products that
are traditionally targeted at young people, right? The makers of Bisleri,
Ayurvedic concepts, Surf Excel and Monte Carlo wouldnt agree. Over the
past decade, many companies have been looking at the age group 14-19
years as an elixir for their sales graphs. Unlike the graying West, India
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is the FMCG Multinational Hindustan Lever estimated that by 2003 the
teenagers are expected to account for more than a third of the population
from, 27% in 1999.
Demographically, in general, 14-19 year olds account for one out of every
four Personal Computers sold, one out of every three Internet connections,
one out of every four pagers & one out of every three Mobile phones. An
open & innovative mind set makes them important for new categories.
Psycho graphically, teen is not a target segment but a state of mind. It is a
mindset increasingly embraced by more & more consumers. Consider this
math, if 10.6 million urban teens buy a 400/- Uncool pair of shoes; we
would have a Rs. 4 billion market. And if 10.6 million urban teens buy
Value right clothes at a rate of Rs. 1000/- per year, it tots up to a hefty
Rs. 10.6 billion market, and dont forget lode mines like the market for girls
at the threshold of femininity. If some 1.9 million girls purchase skin care at
the rate of Rs. 200 million, they would cream Rs. 4 billion market.
Thus, the purpose of this project is to provide you with an overview of the
buyer behavior of the teenagers. This involves the study of how the
thoughts, feelings, and actions of teenagers relate to the marketing stimuli,
they encounter in their decision-making environment. Analysis, research and
practical information collected, will form the basis of this project.
7
BUYING BEHAVIOUR OF TEENS
B uyer behavior can be defined formally as those actions directly involved in
obtaining, consuming & disposing of products & services, including the
decision processes that precede & follow those actions. What we want is
how knowledge of this behavior can be useful to managers, particularly in
terms of strategic decision-making. Marketers make their marketing strategy
decisions on the basis of assumptions about how buyers will behave in a
given set of circumstances. It is assumed that if prices are reduced, people
will buy more of that product. If 2 products are identical, then people will
opt for the one with higher quality. If a product is more durable, people will
opt it over other products. These are assumptions of the rational buyers in
the economic theory. In actual practice, people often do not buy for these
rational reasons. This does not mean that their behavior is irrational; it
simply means that their behavioral motives & the buying influences to
which they are subject to much more complex than the explanation in the
economic model.
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What drives Buyer Behavior?
M ost people engage in consumption activities every day. Our very identities
are tied up with our roles as buyers and users of goods and services. Yet how
many of us understand the forces that drive our consumer choices at any
given time?
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Why study Buyer Behavior?
M uch of your life involves a variety of consumer\consumption activities, so
this subject is very practical. People buy things. People try to maintain a
certain image or get a job. Students attend a class that you paid for. People
complain to friends about a product that doesnt work as it is composed to. A
parent tries to get a child to eat oatmeal.
It is obvious that people are different. Because of this, the study of buyer
behavior is a very diverse field. Buyer behavior is also about money &
business. Companies have to sell products or services to consumers at a
profit to stay in existence. Non-profit organizations have to raise enough
money to cover expenses. If no money comes in, then the doors will
automatically shut. So companies are trying to find out & do whatever it
takes to become the customers choice.
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Project objective
PRIMARY OBJECTIVE:
S E C ON D A RY OBJECTIVE:
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RESEARCH METHODOLOGY
P O P U L AT I O N
SAMPLE FRAME
SAMPLE U NI T
Individual Respondents.
SAMPLE SIZE
SAMPLE BREAK-UP: -
12
SAMPLE DE S I G N
TO O L O F D ATA C O L L E C T I O N
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Questionnaire formulation
AGE
GENDER
14
I USUALLY SPEND THIS MONEY ON
________________________
This is to find out where do they usually their allowances.
Do they spend it on food or do they prefer spending on
entertainment or do they spend for any other purpose.
15
I SPEND APPROXIMATELY Rs.___________ WHILE
GOING FOR A MOVIE.
This question enables to find out how much does a teen
sped while going for a movie on an average. He either
spends Rs.50 100 or Rs 100 150 or Rs 150 200.
I GO TO CYBER CAFES
USUALLY_____________________
This question helps us to find out the reasons why teens
go to cyber cafes. The options are to surf, to check mails,
to chat or for other work.
16
I CONSUME _________________________________
This question enables us to know how many teens do have
drinks, do smoke, do both (drink & smoke) or do not have
any of them.
I do spend on ______________________________
This question helps us to analyze whether the teenagers Buy
gifts for others or only Buy something for oneself.
17
I usually spend approximately
Rs________________________
This question helps us to know how much a teenager on
his /her friends.The options given were none at all, Rs 50-
100, Rs 100 150 or Rs 150 200.
18
FACTORS INFLUENCING THE BUYER
BEHAVIOR OF THE TEENS
Cultural
Factors:-
Culture.
Subculture.
Social class.
Social Factors:-
Reference
groups.
Family.
Social roles &
status.
Personal Factors:-
Age & stage in the
life cycle.
Lifestyle.
Personality & self-
concept.
Occupation &
economic
circumstances. Psychological
Factors:-
Motivation.
Perception.
Learning.
Beliefs &
Attitudes.
19
Q1) I usually receive my pocket money______________.
Everyday
Monthly
Weekly
Whenever required
20
Q1)
GENDER MALE 10 12 32 46
FEMALE 2 12 36 46
13-15 5 5 18 46
AGE 16-17 12 12 38 46
18-19 3 15 39 72
MALE --- 9 27 38
13-15
FEMALE 9 --- 9 43
MALE 24 --- 38 38
16-17
FEMALE --- 24 38 38
18-19 MALE 4 22 30 44
FEMALE --- 9 47 42
21
Q2) I receive Rs._________________________every month.
Less than Rs. 500
Rs. 500
Above Rs. 500
22
Q2)
MALE 38 40 22
Gender
FEMALE 26 54 20
13-15 48 38 14
Age
16-17 38 47 15
18-19 20 51 29
13-15 MALE 50 30 20
FEMALE 45 45 10
16-17 MALE 56 38 6
FEMALE 19 56 25
18-19 MALE 18 46 36
FEMALE 22 57 21
23
Q3) I usually spend this money on _______________ .
Food
Entertainment
Others
24
Q3)
MALE 44 37 19
Gender
FEMALE 28 53 19
13-15 26 48 26
Age
16-17 35 44 21
18-19 37 45 23
13-15 MALE 30 40 30
FEMALE 22 56 22
16-17 MALE 46 32 22
4
FEMALE 30 66
18-19 MALE 48 41 11
FEMALE 28 43 29
25
Q4) I use this pocket money on entertainment for ____________ .
Going for movies
Pool clubs and discotheques
Traveling
Consuming tobacco & drinks
Going to cyber cafes.
26
Q4)
GENDE MALE 31 10 17 6 36
R
FEMAL 41 8 7 6 38
E
13-15 30 5 15 --- 50
AGE
16-17 34 4 7 4 41
18-19 38 12 10 8 31
FEMAL 39 8 13 8 32
E
18-19 MALE 35 12 13 7 30
FEMAL 41 9 6 9 35
E
27
Q5) I usually spend Rs. ______________ on buying clothes, per month.
Do not spend at all
Less than Rs. 200
Rs. 200- 400
Above Rs. 400
28
Q5)
GENDER MALE 28 41 18 13
FEMALE 23 52 20 5
13-15 39 39 19 3
AGE
16-17 15 50 15 20
18-19 25 48 21 6
14-15 MALE 47 33 13 7
FEMALE 31 44 25 ---
16-17 MALE 21 37 21 21
FEMALE 7 67 7 19
18-19 MALE 23 46 20 11
FEMALE 26 50 24 ---
29
Q6) I usually spend Rs. ____________ on beauty care products/ services.
Less than Rs.100
Rs.100-200
Rs.200-300
Above 300
30
Q6)
GENDER MALE 10 12 32 46
FEMALE 2 12 36 50
13-15 5 5 18 72
AGE 16-17 12 12 38 38
18-19 3 15 39 43
MALE --- 9 27 64
13-15
FEMALE 9 --- 9 82
MALE 24 --- 38 38
16-17
FEMALE --- 24 38 38
18-19 MALE 4 22 30 44
FEMALE --- 9 47 42
31
Q7) I prefer going to movies ____________ number of times every month.
1
2
3
4
More than 4
32
Q7)
1 2 3 4 More
{%} {%} {%} {%} than
4
{%}
GENDER MALE 31 10 17 6 36
FEMALE 41 8 7 6 38
13-15 30 5 15 --- 50
AGE
16-17 34 4 7 4 41
18-19 38 12 10 8 31
FEMALE 39 8 13 8 32
18-19 MALE 35 12 13 7 30
FEMALE 41 9 6 9 35
33
Q8) I spend approximately Rs. __________ while going for a movie.
Rs. 50-100
Rs. 100-150
Rs. 150-200.
34
Q8)
MALE 38 40 22
Gender
FEMALE 26 54 20
13-15 48 38 14
Age
16-17 38 47 15
18-19 20 51 29
13-15 MALE 50 30 20
FEMALE 45 45 10
16-17 MALE 56 38 6
FEMALE 19 56 25
18-19 MALE 18 46 36
FEMALE 22 57 21
35
Q9) I go to cyber caf usually _______________ .
To surf
To check mails
To chat
For other work
36
Q9)
GENDER MALE 25 27 39 9
FEMALE 17 27 53 3
13-15 10 50 40 ---
18-19 31 17 34 18
MALE 10 50 40 ---
13-15
FEMALE 10 40 50 ---
MALE 27 27 46 ---
16-17
FEMALE 5 37 58 ---
18-19 MALE 30 17 35 18
FEMALE 30 13 53 4
37
Q10) I visit pool clubs/ discotheques/ bowling alleys usually ____________
no. of times in a month.
Less than 3 times
3-5 times
Very often
Almost everyday.
38
Q10)
GENDER MALE 57 17 14 12
FEMALE 69 5 16 10
13-15 44 11 39 6
18-19 66 16 --- 18
MALE 40 20 30 10
13-15
FEMALE 50 --- 50 ---
MALE 60 10 30 ---
16-17
FEMALE 82 --- 18 ---
FEMALE 68 14 --- 14
39
Q11) I usually spend Rs. _________________ on clothing accessories (like
belts, shoes, perfumes, watches etc.)
Less than Rs. 50
Rs. 50 100
Rs. 100-150
Above 150
40
Q11)
GENDER MALE 57 17 14 12
FEMALE 69 5 16 10
13-15 44 11 39 6
18-19 66 16 --- 18
MALE 40 20 30 10
13-15
FEMALE 50 --- 50 ---
MALE 60 10 30 ---
16-17
FEMALE 82 --- 18 ---
FEMALE 68 14 --- 14
41
Q12) I consume _______________ .
Drinks
Tobacco
Both of them
Neither of them.
42
Q12)
GENDER MALE 12 17 14 57
FEMALE 10 5 16 69
13-15 6 11 39 44
18-19 18 16 --- 66
MALE 10 20 30 40
13-15
FEMALE --- --- 50 50
MALE --- 10 30 60
16-17
FEMALE --- --- 18 82
FEMALE 18 14 --- 68
43
Q13) if yes, I usually spend Rs. _________________ on consumption of
tobacco & drinks.
Less than Rs. 50
Rs. 50 100
Rs. 100 - 150
Rs. 150 200
44
Q13)
GENDER MALE 28 41 18 13
FEMALE 23 52 20 5
13-15 39 39 19 3
AGE
16-17 15 50 15 20
18-19 25 48 21 6
14-15 MALE 47 33 13 7
FEMALE 31 44 25 ---
16-17 MALE 21 37 21 21
FEMALE 7 67 7 19
18-19 MALE 23 46 20 11
45
FEMALE 26 50 24 ---
46
Q14)
GENDE MALE 39 8 17 22 9 5
R
FEMAL 11 12 9 14 25 29
E
16 -17 13 18 15 13 27 15
18 -19 14 23 39 15 3 6
16 -17 MALE 4 15 15 12 29 25
FEMAL 22 21 15 14 25 3
E
18 -19 MALE 3 17 41 28 5 6
FEMAL 25 29 37 2 1 6
E
47
Q15) I spend approximately Rs. ___________ on traveling.
Less than Rs. 200
Rs. 200 300
Rs. 300 - 450
Rs. 400 & above.
48
Q15) I spend approximately Rs. ___________ on traveling.
Less than Rs. 200
Rs. 200 300
Rs. 300 - 450
Rs. 400 & above.
50
Q16)
GENDER MALE 61 39
FEMALE 71 29
13-15 83 17
AGE 16-17 77 23
18-19 80 20
MALE 84 16
13-15
FEMALE 82 18
MALE 69 31
16-17
FEMALE 85 15
18-19 MALE 80 20
51
FEMALE 80 20
52
Q17)
GENDER MALE 57 17 14 12
FEMALE 69 5 16 10
13-15 44 11 39 6
18-19 66 16 --- 18
MALE 40 20 30 10
13-15
FEMALE 50 --- 50 ---
MALE 60 10 30 ---
16-17
FEMALE 82 --- 18 ---
53
FEMALE 68 14 --- 18
Q18) I usually spend on buying things for oneself or for others Rs.
_______________ .
None
Rs. 100 200
Rs. 200 300
Rs. 300 400.
54
Q18)
How much do you spend on buying things for one and others?
GENDER MALE 28 41 18 13
FEMALE 23 52 20 5
13-15 39 39 19 3
AGE 16-17 15 50 15 20
18-19 25 48 21 6
MALE 47 33 13 7
13-15
FEMALE 31 44 25 ---
MALE 21 37 21 21
16-17
FEMALE 7 67 7 19
55
18-19 MALE 23 46 20 11
FEMALE 26 50 24 ---
Males and females, both sexes, prefer to go for movies. The males
frequently visit cyber cafes as well as pool clubs & discotheques as
compared to females.
Females prefer going more for movies then that of males. And
maximum people, in both sexes, prefer going less than 4 times a
month and wherein, maximum males and females both spend between
Rs 100 150.
Both Sexes, male and females go to cyber caf to check their mails.
The second reason again common reason to go to the cyber caf is to
Chat.
Both the sexes spend in between the range of Rs 300 400.i.e. 39% of
males and 53%of females on traveling.
It is found that 66% of people buy gifts for others, out of which, 61%
are males and 71% are females and mostly spend in the range of
Rs100 200.
57
RECOMMENDATIONS
When the grey-haired population grows in the country, its only the
pharmaceutical companies that are pleased. But when the teenager
population swells, its good news for the whole range of companies
and their products.
Teenagers and young adults are not just big spenders themselves but
they are also the biggest influencing force in a familys expenditure
chart.
If market studies have it right, youngsters today not only decide for
themselves but also influence the decision of their parents. Moreover,
though they do not have the purchasing power yet, they would soon
come into that bracket.
58
Rajesh Ghatge, director, Sercon India, says, Teen scene will the first
of its kind of events to be organized in the whole country. It will give
a consumer not just a peek at the brands but also an experience behind
it. For instance, a stall for an adventure sports company would have an
artificial scaling wall for teenagers to climb or an automobile
company would allow them a test drive inside the stadium complex.
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CONCLUSION
Gone are those days when parents used to pay no heed to their
kids decisions & were accustomed to consulting them only while
buying the products meant for them alone. And parents today are
much more eager to please them and to invest in them than ever
before. Thus, marketers can, perhaps, sell anything from chocolates
to motorcars by simply prompting the kids to convince their parents.
Just two connections are needed to be made viz. It needs to fit in with
the overall marketing strategy and it needs to stress on the values that
appeal to the kid sector to touch the right chord in them.
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Annexure
Buying Behavior of Teens:
61
Q.7) I prefer going to movies __________ number of times in a month.
1 2
3 4
More than 4
62
Q.14) I usually travel by_________________
By bus By rickshaws
By 2-wheelers By 4-wheelers
Q.18) I usually spend on buying things for oneself & for others
Rs.____________.
None Rs. 100-200
Rs. 200-300 Rs. 300-400.
63
Bibliography
Marketing Management
---- By Philip kotlar
www.timesjlt.com
www.timesofindia.com
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