Brand Preference of Consumers for Selected Brands of FMCG Products -A Study of Rajkot City
Downloads
Due to liberalisation and globalisation, markets across the world are going through a transformation like never before. Today consumers are regularly exposed to newer ways of living, an unparalleled variety of products and services due to the effect of media and communication explosion. At the same time, thanks to the continuously rising economic status of the consumers, there has been a sweeping change in the consumers’ attitudes and aspirations. Consequently, multifaceted and segment specific newer brands are regularly flooding the markets world over. Fast Moving Consumer Goods (FMCGs) amongst various categories of consumer products, are struggling for shelf-space in the overcrowded marketplace. Markets today are featured by ruthless competition. Every manufacturer wants to annex the major share of the market. This is possible through carving out a brand image in the marketplace. Brands can make or break the businesses. Brand name lends trustworthiness and resilience. This paper studies the Expectations of Consumers from their Favorite brand of Selected FMCG Goods concerning aspects like their level of Satisfaction, Brand Recognition, Praise from friends, Value for money, Social Acceptability and the Factors they consider while selecting their favorite Brand like Brand Name, Brand Popularity, Brand Image, Availability of the Brand, Current trend, etc., and ultimately finds out the Most Preferred Brands of Selected FMCG Products.
Aaker David., 2000, Building Strong Brands. The Free Press, New York.
Burke,R., 2001, Brand equity measurement and management.
Chen, A., 2001, Using free association to examine the relationship between the characteristics of brand associations and brand equity. J. Product and BrandManagement. 10 (7) : 439-451.
K. VenugopalaRao- Product and Brand Management , Himalaya Publishing House.
Low. G. and Lamb. J., 2000, The Measurement and Dimensionality of the Brand Associations. J. Product and Brand Management. 9 (6) : 350-368.
Nandagopal, R., and Chinnaiyan, P., 2003, Brand preference of soft drinks in rural Tamil Nadu. Ind. J. marketing. 33 (1) : 14-17.
Rajarashmi, P., S., and Sudarsana, G., 2004, Buyer behavior of home appliances with special reference to microwave products in Bangalore city. Ind.J. marketing. 34 (1) : 19- 24.
Sabeson, R., 1992, Consumer preference towards processed fruits and vegetable products- a case study in Coimbatore city. MSc (Agri) Thesis Tamil Nadu Agril Univ. Coimbatore.
Sheeja, A., (1998). An Analysis of Consumer buying behaviour towards processed spices. M.sc (Agri) Thesis. Tamil Nadu Agril. Univ. Coimbatore.
Vincent, N., 2006, A study on brand consciousness among children and its effect on family buying behavior in Bangalore city. Ind. J. marketing. 36 (1) : 12-18.
Zikmud, W. and D' Amico, M., Marketing, John Wiley and Sons, New York, 1984, p.243.
All Content should be original and unpublished.