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A STUDY ON THE EFFECT OF DEMOGRAPHIC FACTORS ON CONSUMER BUYING BEHAVIOUR: A STUDY WITH SPECIAL REFERENCE TO THE AUTOMOBILE INDUSTRY    

Authors : KANISHKA GUPTA, Dr. SUCHETA SARDAR

Publishing Date : 2023

DOI : https://doi.org/10.52458/9789391842291.2023.eb.grf

ISBN : 978-93-91842-29-1

Pages : 67

Chapter id : GRF/EB/DPMR2023/Ch-13

Abstract : The market is a key venue to investigate consumer behaviours and get beneficial information. Understanding client purchasing behaviour is crucial because it has a substantial effect on product purchases. Companies can determine what measures to take to satisfy their customers' expectations if they have a greater grasp of their clients' viewpoints. Customer pleasure or unhappiness leads to recurrent purchases or rejection of the goods. Sales are more likely to occur if the original consumer survey was right and aligned to the customer decision-making process. The client goes through five processes in this model: issue recognition, information search, alternative assessment and selection, decision implementation, and post-purchase evaluation. The assessment process, on the other hand, is typically considered as sensible and intellectually driven. A buyer must pick certain things (brands) as well as specific outlets (where to purchase) to tackle the problems. The customer's degree of Purchase involvement is directly significant here. India's automotive business is one of the world's biggest, accounting for 7.1 percent of the country's GDP (GDP) (GDP). During the fiscal year 2016-17, a total of Rs. 92, 218.42 crore was spent in India's automobile sector. India has surpassed China as the world's fifth biggest passenger automobile market. Passenger automobile sales climbed by 9.24 percent to 3.04 million in 2014. Findings of this research are expected to be valuable to a variety of different parties working with the transmission of information regarding autos. There has never been a research of this sort carried out in Agra previously. Academics and academics are mainly interested with understanding how consumers make purchase choices. Dealers are focused with product sales and the desire to generate significant quantities of money from the goods they are giving to clients.

Keywords : DEMOGRAPHIC, CONSUMER, BEHAVIOUR, AUTOMOBILE

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