ISSN: 2278-0793(Print)
2321-3779(Online)
ISSN: 2278-0793(Print)
2321-3779(Online)
PURCHASE BEHAVIOR OF CONSUMER DURABLE GOODS
Ms. Iris Margaret and Dr. B. Revathy
Abstract
India is the second largest consumer market in the world. The Indian consumer profile has been developed and changed in terms of education, income, occupation, and reference group and media habits. There is a shift in consumer brand preference for durables products for the past decade with the influx of modern technology. The consumer buying preferences are rapidly changing and moving towards high-end technology products with acculturation. Products which were once considered luxury items have become a necessity because of the changing lifestyle and rising income levels. The consumer durable goods industry is operating in a highly competitive, complex and rapidly changing business environment. Business leaders of consumer durable white goods organizations know their importance of having ready to access timely, accurate, consistent information and data for the purpose of establishing, nurturing and managing customer relationships across divisions. The research paper deals with the study on purchase behavior of consumer durable goods in Tirunelveli district.
Keywords: Buying Behavior, Durable Goods and Purchase Behavior
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