Introduction
Economic Growth and Development of any prospering country highly depends on its enterprise development. Any enterprise can flourish only so long it is capable of retaining its current profits and creating avenues for additional future profits. Profit earning
competence is sustainable only for a firm which is adopting an effective marketing strategy in providing appropriate marketing mix (product, price, promotion and physical distribution) to prospective customers for its products. A suitable marketing
mix endeavor does originate from launching of products by a firm. Thus, the product, be it durable or non-durable, becomes the core component of any marketing program. Meanwhile, it is challenging for any marketing manager to formulate and implement
an apt strategy for marketing his products in a highly
competitive (domestic or foreign) market. It becomes
more complex in the ultimate consumers' markets as
compared with industrial markets owing to size of the
potential target markets and number of prospective
customers. Hence, a firm has to have a bird's eye view
on its product life cycle right from the stage of launching
to saturation for skimming the cream from its business
venture. This demands the marketers to remain alert and
active all the time for winning permanent customers in
the consumer market.
In India, from the customers' point of view, it is
noticeable that a consumer belongs to a family in a
society. The family constitutes members who are largely
involved in the purchases of durable goods. During the process of
decision making, their buying behaviors are highly
influenced by cultural factors, social factors, personal
factors and psychological factors. This paper is an
attempt to analyze the consumer buying behavior of
durables, to examine the factors inducing the consumer
buying behavior and to suggest suitable measures to
the marketers for designing a right marketing mix for the
consumers in Nagaland.