Factors Inducing the Buying Behaviour
Normally, consumers' buying behavior is influenced by cultural, social, personal and psychological factors. Multifarious factors stimulating the buying behavior of consumers in Nagaland are presented in Table 3;
Table 3: Factors Inducing The Buying Behavior N = 300
Inducement Factor |
Television |
Rank |
Refrigerator |
Rank |
Washing Machine |
Rank |
Four Wheeler |
Rank |
Furniture |
Rank |
---|---|---|---|---|---|---|---|---|---|---|
Advertisement |
66 | II | 76 | II | 94 | I | 58 | I | 58 | II |
Previous experience | 110 | I | 90 | I | 78 | II | 40 | III | 86 | I |
Friends |
24 | V | 24 | V | 24 | V | 36 | V | 20 | V |
Relatives |
26 | III | 30 | III | 46 |
III | 42 | II | 28 |
IV |
Goodwill of the Manufacturer |
24 | V | 18 | VI | 28 | IV | 38 | IV | 52 | III |
Reputation of the Retailer |
12 | VI | 26 | IV | 8 | VI | 10 | VII | 10 | VI |
Retailers' Recommendation |
2 | VII | 0 | VII | 0 | VII | 14 | VI | 0 | VII |
The analysis from Table 3 reveals that, based on ranking the influences, previous experience is the most inducing factor, especially while making brand preferences for purchase of television, refrigerator and furniture which ranks first comparatively. In the purchase of washing machines and four-wheelers, advertisement factor has the greatest influence among the buyers. Similarly, the retailers' recommendation in purchase of television, refrigerator, washing machine, and furniture is the least stimulating factor; rather it does not induce the buyers at all while making brand preferences in such purchases.