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A comparative study on the consumers Jewellery buying Preference among Branded and non branded In The Context to
BILASPUR (REGION)
A Project Report Submitted for the Partial Fulfillment of the Requirement for the Award of the Degree of Master of Business Administration (MBA) UNDER THE GUIDANCE OF Mr. NIKET SHUKLA
(ASSTT. PROFESSOR) SUBMITTED TO Miss. PREETI SHRIVASTAV (ASSTT.PROFESSOR) SUBMITTED BY AKESHWAR PRASAD SAHU (MBA 4th SEM)
TITLE A comparative study on the consumers Jewellery buying Preference among Branded and non branded In The Context to
BILASPUR (REGION)
INTRODUCTION
India has a historic relationship with Jewellery. Many kings, emperors and dynasties featuring countless wars, conquests and political upheavals have ruled the Indian sub-continent. Different dynasties ruled different parts of India with different monetary systems. Jewellery acted as a common medium of exchange or store of value across the monetary systems of different kingdoms across the subcontinent especially gold. Hence wealth could still be preserved in spite of wars and political turbulence. Gold also helped preserve wealth through natural calamities and disasters and for centuries was the only means of saving in rural India, land being the other main asset of economic value. This has largely helped formulate, or evolve, the Indian sentiment and fanatical passion for gold, which holds true even today. India is estimated to hold more than 11,000 tonnes of gold. Apart from its historical religious significance, Jewellery is valued as an important savings and investment vehicle in India. Even in present times, Jewellery remains the Indian brides `Streedhan, the wealth she takes with her when she marriesand which remains hers. Gold jewellery is the preferred jewellery worn by women in India irrespective of their religious beliefs. In marriages, gold jewellery is the gift preferred by the near relatives of the bride and the groom. Jewellery is very popular among farmers, with an upsurge in gold sales after a good agricultural season.
1) Understand the consumers preference while purchasing jewellery. 2) How much impact does a brand/ retailer has on their purchase decision. 3) Does price play an important role in guiding their purchase decision. 4) Are the various promotional strategies adopted to combat competition.
RESEARCH METHODOLOGY
The research methodology adopted for this project can be discussed under the following heads: Research design: I will select descriptive cum exploratory research for my study. Sample design: I will select simple random sampling for my study. Universe: I will select the consumer of durable products of Bilaspur region. Sample Size: I will take sample size as 100 for my study. Sources of data
Possible limitations of the study Timer constraint: due to the limited span of time. Its not possible to generate much information from the consumers. Lack of understanding: it was very difficult to make the consumers to understand the value of this research. Geographical area: due to the large geographical area of Bilaspur city, it was not easy to generate the large amount of information from the consumers.
CONCLUSION
BIBLIOGRAPHY
1. Research Methodology 2. Retail Marketing The magazines and journals referred: Solitaire International Web sources: www.google.com www.indiandata.com www.valuenotes.com - C. R. Kothari - J.A.Lamba