Volume XXXVII • Number 4 • April  2007

Changing Attitude of Consumers from Chemical to Herbal Cosmetics in India

The winds of change in the Cosmetics scenario are blowing forcefully in all parts of the world. India is no exception. The new concept of herbal drugs and cosmetics is the modern rage and we have entered the present century in a climate of confidence and fulfillment. There is a paradigm shift in attitude towards chemical cosmetics. The author in the current research paper attempts to understand the consumption trends with regard to cosmetic products in India. Besides this, an effort has been made to identify the factors because of which consumer attitude and perception are becoming positive towards herbal cosmetics.

Dr.Urvashi Makkar
Professor & Chairperson-Marketing
Institute of Management Studies
Ghaziabad

Amandeep Singh Sehra
Bhupesh Tewari
Jai Narayan Rai
Bhagirath Rao
Rahul Sharma
PGDBM-IInd Year
Institute of Management Studies
Ghaziabad

Experiential Marketing : The New Paradigm

All organizations everywhere, exist to create and deliver value to their customers. Building, designing and offering holistic experience to the customer is also a value proposition, which can enable organization in developing sustainable competitive advantage. Experiential Marketing focuses on customer experiences that evoke the senses (sight, smell, sound, touch & taste), heart and the mind. The new paradigm is a shift from Traditional Marketing, which focuses on features (characteristics that supplement the product) and benefits (performances characteristics that customers seek from a product). The article describes how to evoke customer emotions deep – seated in the mind and create a connection with the heart.






Prof. Timira Shukla
Chairperson-PGDBM(F/T) Programme
Institute of Management Studies
Ghaziabad

An Evaluation of Television Advertisements of Masala Powder in Pollachi(Tamil Nadu)

The aim of this research is to evaluate the effectiveness of television advertisement of a selected product. It seeks to explore the viewers recall ability of various brands of advertisements of the product, brand awareness and influence in purchase. A sample of 189 households are selected those who watch regional television channels. The analysis shows no relation between recall ability and age, gender, channels, programmes watched and time of viewership. It is concluded that majority of the viewers have medium level of recall ability and it has influenced their purchase.




R.Renjith Kumar
Senior Lecturer
Department of Management
Arba Minch University
Ethiopia

Recent Facets of Consumer Behaviour: A Case of Rural Market

According to the census of 2001, India’s total population is 102crore of which 71.89crore was of rural India, constituting 70% of the total population. Inspite of this fact, marketers earlier concentrated on the urban markets and scheduled their strategy accordingly. As the competition increased in urban areas, and taking into account the increasing demand for FMCG’s in rural areas, the marketers expanded their business in rural areas. Perhaps it has become a policy for their survival. Marketers found different strategies to penetrate in the rural segment. The pioneer corporate was HLL.Various surveys reveal that average rural household spends almost 60% of their income on the food, which is reasonably a high amount. The demand for FMCG in that way was going rapidly high as compared to the urban market. The market for FMCG is estimated at around Rs. 50,000 crore.





Mr.Rajesh Shinde
Faculty, Department of Commerce
Dr.Babasaheb Ambedkar
Marathwada University,Aurangabad
Maharashtra

Apparel Shopping Orientation of Urban Indians : A Study on Kolkata

Apparel trade has immense potential in India in terms of increased consumer spend, export potential as well as branding opportunity. In this context, this paper takes a look at the shopping orientation of urban Indians with the help of a study on Kolkata in order to segment the shoppers on the basis of psychographic as well as demographic dimensions. Kolkata being a cosmopolitan city with residents of different states speaking different languages and belonging to different sub-cultures, the study would help explore the apparel shopping behavior of urban Indians in general. It also discerns the difference in the shopping orientations of brand-loyal and non-brand loyal customers. Accordingly, the shoppers are divided into four categories, namely, utilitarian shoppers, conservative shoppers, hedonic shoppers and socializing shoppers. For this purpose, multivariate techniques of factor analysis, cluster analysis and discriminant analysis are used. In terms of frequency of purchase the hedonic shoppers are the best target group among the four segments of shoppers identified. As far as brand loyalty is concerned, it was found that the brand loyal consumers prefer stores near their homes and work places, realize the importance of paying higher price to get better quality and look for more variety and quality in stores while purchasing apparel.




Paromita Goswami
Faculty Member
ICFAI Business School
Kolkata

Online Stock Trading in India: An Empirical Investigation

With IT fuelling Indian economy, Internet is adopted as effective tool in catalyzing the business activities. Latest developments in information technology have altogether changed the business done traditionally. As financial system is becoming more complex it has become need of the hour where investors should comprehend the data and understand recent intricacies of online trading. In Indian context e- trading is relatively new phenomenon, which has yet to gain some significant meaning. In the past investors have no other option to get market information except to contact their local broker? But Internet trading in stock market is becoming medium of exchange whereby investor can order stock exchange on simple mouse click sitting at his place. Keeping in view current market requirement an attempt has been made in this research paper to analyze current status of online trading in Indian scenario. Facts highlighted in this study clearly reveal that although online trading is picking up its speed to tap investors yet it is expected to adopt creative strategies to lure customers from physical trading to net trading.

Nidhi Walia
Lecturer in Finance
Department of Management Studies
Punjab Institute of Management &
Technology, Gobindgarh
Punjab

Ravinder Kumar
 Lecturer
Computer Science &
Engineering Department
Thapar Institute of Engineering &
Technology,Patiala,Punjab

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Copyright © 2007 • ISSN 0973-8703 • Associated Management Consultants (P) Ltd.