The report focuses on the influencing factors of the Huawei Smartphone and analyzes consumer perception, attitude, and motivation towards the product. Findings and analysis are presented based on a survey conducted with 15 customers.
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Running head: CASE OF THE SMARTPHONE CASE OF THE SMARTPHONE Name of the Student Name of the University Author Note
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1 CASE OF THE SMARTPHONE Executive Summary The perception of the consumer and their view forms an integral part of the overall organizational prosperity and hence, if any firm wants to ensure considerable success then in such a case, it will be required to take into consideration, their viewpoint. The main aim of the report is to highlight the influencing factors of the product which has been chosen as the Huawei Smartphone. The customer motivation, attitude and beliefs in relation to its purchase will be determined and the findings with the analysis will be presented accordingly.
2 CASE OF THE SMARTPHONE Table of Contents Purpose..............................................................................................................................3 Development of the survey instrument..............................................................................3 Administration processes...................................................................................................3 Data Analysis.....................................................................................................................4 Consumer perception.....................................................................................................4 The consumer attitude...................................................................................................4 Consumer Motivation.....................................................................................................4 Family and lifestyle.........................................................................................................5 Findings.............................................................................................................................5 References.........................................................................................................................6 Appendix............................................................................................................................7 Questions.......................................................................................................................7 Graphs and Tables.........................................................................................................8
3 CASE OF THE SMARTPHONE Purpose The customers as present in the business environment can be considered to be a crucial part of the firm and hence, any organization which aims to gain a competitive edge in the market would be required to ensure that they are being able to adhere to the needs of the customers and thereby take a note of their demands which will then enable them to perform considerably well and attract a larger revenue from their overall operations(Aschemann-Witzel2015).Themainfocusofthepaperliesonthe purchasing factors influencing the different customers and how the overall revenue of the firm is purchased thereby. Development of the survey instrument The primary research was undertaken in order to gain an understanding of the viewpoint and the perspectives of the customers and to analyze whether the customer awareness is at its peak or not. The report has collected data from a survey and its related responses (Bahl and Chandra 2018). The main focus of the survey was based on the topic related to the Consumer behavior, the perception of the consumers and their overall attitudes as well as the perspectives relating to the Huawei mate pro20. The platform which was chosen for the analysis was the Survey Monkey. A set of 10 questions which were closed ended were presented to 15 customers. Administration processes The overall procedure which was followed with respect to the administration can be stated to be the process of undertaking a survey. The research methodology which has been essentially followed in the survey can be stated to be a mixed research approachwithrespecttowhichtheresponseswhichwillbereceivedfromthe respondents shall be analyzed and validated against the their as present. The total number of responses which were gained can be stated to be 15 which can be stated to be an accurate number.
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4 CASE OF THE SMARTPHONE Data Analysis In the given section, the data which has been collected from the various sources will be analyzed. The participants were asked a set of 10 questions which were based on the topics of the subject. The graphs with the graphical representation have been presented in the Appendix. Consumer perception The consumer perception can be rightfully defined as the overall perspective which they share with respect to a particular brand. The perception of a consumer can be understood to be largely relative in nature. When the customers were asked about their perception on the price of the product with respect to the smartphone, it was found that, 60% of the customers believed that the pricing of the product is correct whereas only 6% were disagreeing to the pricing of the phone. Hence, in relation to this, it can be stated that when they were asked about the overall functioning and software of the phone, then in such a case, 53% of the customers were under the belief that, the overall functioning of the product can be considered to be good whereas, only 6.67% of the employees believed that, the overall performance of the phones inadequate. The consumer attitude Theattitudeoftheconsumercanbestatedtobethesummationofthe behavioral aspects, the beliefs as well as the overall understanding which is generally possessed by the consumers and hence, tends to reflect on the different decisions as taken by them (Pino et al. 2016). When the respondent group was asked about the knowledge of theproduct andwhether they havethephoneor not,73%of the respondents stated that they own the phone which can be understood to be a relatively good number. Consumer Motivation The motivation can be stated to be the set of integral factors which tend to help the customers to undertake the purchase of a product. The motivation tends to form a crucial aspect of the decision making as undertaken by the customers. In line of this, when the product comprises of adequate motivators then the customers engage in the
5 CASE OF THE SMARTPHONE purchase. It can be understood that when the different customers were essentially asked about their overall purchase of the products and the reason why they have purchased the product, 33% of the respondents mentioned that they purchased the product due to its quality whereas 20% of the respondents purchased a product due to its price.Hence, the quality and the price are the primary motivators of the decision making as undertaken by a customer. Family and lifestyle The family and lifestyle have a crucial role to play in the lives of the customer and hence, the lifestyle tends to have a strong influence on the consumers (Hartmann and Siegrist 2017). Hence, those with a good lifestyle, often do not research much into the background of the product but these with a comparatively humble background tend to undergo a considerable research prior to the purchase. In line of this, it can be assumed that, the ones with a comparatively humble background often engage in considerable research. From the respondent’s data, approximately 70% of them undertake a deep research to ensure success with respect to the same and then purchase the product. Findings Therefore out of the analysis which was conducted, the following can be stated to be the findings of the research: In addition to this, it can be understood that while purchasing a product, the price of the product and the quality tend to form the most relevant part of the consumer purchasing decision. Moreover it was also found that while purchasing a product like a smartphone, the views of the different peers tend to form a crucial part of their decision making process (Yang, Stamatogiannakis and Chattopadhyay 2015). The advertising of the product has a key role to play in its overall purchase, and in line of this, 70% of the consumers have taken then advertising of the phone to be acceptable in nature.
6 CASE OF THE SMARTPHONE References Aschemann-Witzel,J.,2015.Consumerperceptionandtrendsabouthealthand sustainability: trade-offs and synergies of two pivotal issues.Current Opinion in Food Science,3, pp.6-10. Bahl, S. and Chandra, T., 2018. Impact of Marketing Mix on Consumer Attitude and Purchaseintentiontowards'Green'Products.AJournalofresearcharticlesin management science and allied areas (refereed),11(1), pp.1-11. Hartmann, C. and Siegrist, M., 2017. Consumer perception and behaviour regarding sustainableproteinconsumption:Asystematicreview.TrendsinFoodScience& Technology,61, pp.11-25. Pino, G., De Angelis, M., Amatulli, C., Peluso, A.M. and Guido, G., 2016. The Effect of Touch on Consumer Attitude Towards Autotelic and Instrumental Products. Yang, H., Stamatogiannakis, A. and Chattopadhyay, A., 2015. Pursuing attainment versus maintenance goals: The interplay of self-construal and goal type on consumer motivation.Journal of Consumer Research,42(1), pp.93-108.
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7 CASE OF THE SMARTPHONE Appendix Questions 1.Do you have the Huawei mate pro 20?? Options: Yes /No 2.Why do you purchase the product? Options: Price/Quality/ Brand name/ packaging/Software 3.Do you believe that the pricing of the product is set right? Options: 1-5 5-Strongly Agree 1: Strongly disagree 4.How much research did you undergo before the purchase of the product? Not much Enough A lot From a friends experience Others 5.Do you purchase the product based on peer advice? Very likely/Likely/Neutral/Unlikely/ Very unlikely 6.How would you rate the advertising of the phone? Options: 1-5 5-Very Good 1: Very Poor 7.How would you rate the functioning and software of the phone? Options: 1-5 5-Very Good 1: Very Poor 8.From where do you get the info about the phone? Newspaper/ Social media/ TV/ Radio/others / friends
8 CASE OF THE SMARTPHONE 9.How likely will you rate the Huawei phone as the best smartphone in themarket? Very likely/ likely/ neutral/ Unlikely/ Very unlikely 10.Doyouthink that phone hasasoundpackagingandappeal? Strongly agree /Agree / Neutral/ strongly disagree/ Disagree Graphs and Tables
9 CASE OF THE SMARTPHONE
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