Role of Price Consciousness on Fast Moving Consumer Goods (FMCG)

  • N S Shibu Assistant Professor & Head, Research Centre of Management Studies, Bharathidasan University College, Kurumbalur, Perambalur, Tamilnadu, India
  • R Kalpana Corresponding Author & Assistant Professor, Department of Management Studies, Thanthai Hans Roever College (Autonomous), Perambalur, Tamilnadu, India
Keywords: FMCG, Personal Care, Prestige Sensitivity, Price Quality Schema, Value Consciousness,, Sale Proneness,, Coupon Proneness

Abstract

Marketing field is a very vast in nowadays. Marketing of any product depends upon a consumer buying behaviour attitude. Consumer buying behaviour is a vital role in marketing. Consumers will purchase day to day goods habitually, so long as inconsistent brand behaviour does not disrupt that habit. Rapid changes of pricing unsettle the consumer. Quite often the final determinant is that of mere habit. This study conduct for help of producer to fix their product price in economic point of view to consumer. In the economic point of view, the consumer using their buying behaviour in rational decision maker. Yet another group of researchers view consumer as cognitive decision maker. The respondents are chosen by convenience sampling. In SPSS 21, Correlation and Multiple Regression are used in this study. Based on the findings, p value and t values are significant. The researcher concluded that prestige sensitivity, Price quality schema, Value consciousness, Sale proneness, Couponproneness are acting significant role to take a decision of buying behaviour of consumers. Key words: FMCG, Personal Care, Prestige Sensitivity, Price Quality Schema, Value Consciousness, Sale Proneness, Coupon Proneness.

Published
2017-07-28
Statistics
Abstract views: 194 times
PDF downloads: 0 times
How to Cite
Shibu, N. S., & Kalpana, R. (2017). Role of Price Consciousness on Fast Moving Consumer Goods (FMCG). Shanlax International Journal of Management, 5(1), 60-65. Retrieved from https://shanlaxjournals.in/journals/index.php/management/article/view/1762
Section
Article