Consumer Perception and Attitude towards Cadbury Oreo: A Survey Analysis
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Added on 2023/05/28
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This report provides an analysis of the survey conducted for the product of Cadbury Oreo. It covers consumer perception, attitudes, motivation, group and individual differences, family and lifestyle, and culture/region. Findings suggest that consumer attitude and perception play a crucial role in purchase decisions.
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Running head: CADBURY OREO CADBURY OREO Name of the Student Name of the University Author Note
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1CADBURY OREO Executive Summary In order to understand whether any firm will be achieving success in the long run or not, it becomes considerably important for the firm to ensure that it is able to successfully engage in the satisfaction of the customers by providing the products which are good to use. In order to abide by this, it becomes considerably important for the firm to understand the factors affecting the consumer purchase and satisfaction which can be stated to the customer attitude, awareness, perception and beliefs. Hence, the primary motive of the given report is to understand the thinking of the consumer by providing an analysis of the survey conducted for the product of Cadbury Oreo.
2CADBURY OREO Table of Contents Purpose..............................................................................................................................3 Development of the survey instrument..............................................................................3 Administration processes...................................................................................................3 Data Analysis.....................................................................................................................4 Consumer Perception....................................................................................................4 Consumer Attitudes........................................................................................................5 Consumer motivation.....................................................................................................6 Group and Individual differences...................................................................................6 Family and lifestyle.........................................................................................................6 Culture/Region...............................................................................................................7 Findings.............................................................................................................................7 References.........................................................................................................................8 Appendix............................................................................................................................9 Questionnaire and Responses.......................................................................................9
3CADBURY OREO Purpose A product or a service`s success can be largely contributed to the perception which the consumer has about the product and the different attitudes as well as the behaviour of the consumer towards the entire purchasing procedure. According to Baker and Saren (2016), the purchasing decision of the consumer can be stated to be influenced by a wide number of factors and hence, it is the duty of the companies to ensure that they are able to successfully influence the purchasing decision of the consumers and ensure higher sales and revenue. The product which has been chosen for the purpose of the report can be stated to the Cadbury Oreo biscuit. The Cadbury Oreo biscuit is an extremely popular brand around the globe and is a favorite among all. It is for this purpose, that the survey which had been conducted prior to the particular survey has been done on Oreo and the findings of the survey will be analyzed in the particular section. Development of the survey instrument In order to conduct a survey and to understand the perception of the different customers, a survey was formulated which was centered on the particular product and aimed to understand the overall mindset of the consumers. This also aimed to examine the attitudes of the consumers, their behavior, the cultural background and influence of the family and friends on their purchase. Hence, it was decided that a series of 10 basic questions centered on the topic of Consumer perception, culture, attitude and behavior willbeformedwhichwillbethen followed by the collection of data. The survey instrument which was made use of was the Survey Monkey which is an online survey platformwhichallowsthedifferentindividualsandresearchestoundertakea comprehensive research and understand the overall purpose of their study. In addition tothis,theywillalsobesuccessfullyabletogainanunderstandingofthereal consumers. The sample size which has been selected for the same can be stated to be around 16 respondents. These 16 respondents helped to provide valuable insights into the concept of consumer perception and behavior which helped to further build the argument.
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4CADBURY OREO Administration processes The administration processes and the research procedure which is present in the case can be stated to be very simple. The paper is a reflection of the survey which was conducted using the medium of Survey Monkey and with respect to this it needs to be mentioned that the overall approach of the paper can be stated to be mixed research approach whereby the findings will be derived upon using a quantitative as well as a qualitative method approach. This means that the questionnaire which will be used for the survey and the responses which will be achieved will be analyzed with respect to the formulation of the different charts and graphs. The responses achieved will help in the support of the literature collected with respect to the same. In this manner, the theoretical concepts and models can be easily compared against the literature available in the particular topic. Moreover, after analyzing the particular data which has been received, future predictions with respect to the same can also be done, which will go a long way in assisting to understand the reasons for which the Oreo is purchased by the consumers and whether the particular revenue of the firm will be impacted by the choice as made by the consumers. Moreover, derivations on the particular aspects which influences a customer to purchase a particular product will also be made based on which the findings of the paper can be presented and analyzed. Data Analysis The survey was formed to ask the student questions on various topics which rangedfromtheirchoiceandopinion,theirpreferredcolor,theirpricingfactor influencingthepurchase,theimpactofpeersontheirpurchasingdecision,the packaging as an influential factor and various others. Consumer Perception The perception of the consumer can be defined as the particular thought about the product which can vary from individual to individual. In the similar aspect, it can also be mentioned that, the consumer perception theory is generally based on the analysis of the factors which tends to influence the purchase of a particular product or not (Bagozzi et al. 2018).
5CADBURY OREO Fromthesurvey,thefollowinginformationwasattainedwithrespectto Consumer perception. When asked about the price of the product and the customer perception of the consumer, it was understood that around 25% of the respondents strongly believed that the pricing of the consumer was set right and around 43% of the respondents simply agreed to it that the pricing of the product can be stated to be correct. Hence, in this aspect, it can be mentioned that the overall perception of the consumers with regarding to the pricing of the Oreo biscuits can be stated to be considerably positive. Secondly, when the different consumers were asked about their perception of Oreo as the best product available in the market, around 25% strongly believed that the product is one of the best brands as available in the market whereas around 62.5% of the consumers believed that it was likely that the product is one of the best products as available in the market. Moreover, when asked about the packaging of the product, 43.75% of the respondents strongly believed that the product has a sound packaging. Hence, in this context the consumer perception can be largely understood which helps in the identification of the factors shaping consumer perception. Consumer Attitudes The consumer attitudes can be rightfully defined as the sum total of the different beliefs, feelings or behavioral aspects which presents the intention of the consumer towards a particular object (Bagozzi et al. 2018). These particular aspects are highly dependent on one another and with respect to this, it can also be mentioned that, they influence the manner in which a customer reacts to a particular product. When asked about the awareness of the predict, the responses achieved can be stated to be highly positive in nature, with respect to which it can be mentioned that, the consumers can be stated to have a positive attitude towards the particular product. Moreover,whentheconsumerswereaskedwhethertheywouldrecommendthe product to the fellows, they stated that around 25% of them would be recommending the product very likely, whereas around 50% of the respondents stated that they would be positivelyinterestedinrecommendingtheproduct.Theconsumerattitudeisalso influenced by the source they get the information from. Around 50% of the respondents
6CADBURY OREO gain the information from the Television whereas the social media also forms an important source of information. Consumer motivation The consumer motivation can be rightfully defined as the manner in which the consumer is desired for a particular product (Baker and Saren 2016). It is the particular drive to satisfy a particular need of the individual which helps to ensure long term success. When the consumers were asked about the best aspect of the product, they were asked to choose among various motivational factors which comprised of Taste, Price, BrandName,PackagingandQuality.Tothisaround81.25%oftherespondents mentioned that the Taste of the biscuit can be stated to be the factor which tends to motivate them to buy the Oreo. On the other hand around 6% of the respondents believed that the packaging, Quantity and the Brand name respectively are the factors which motivate them. Group and Individual differences The group and individual differences can be defined as the differences which may exist between the different individuals who belong to the same group and the manner in which this has an impact on the purchasing decision at large (Tan, Chai and Min 2017). In this aspect, it was discovered that peer review or pressure was not a factor concerning their decision making. Family and lifestyle The family as well as the lifestyle of the individual also tends to have a strong impact on the overall thinking of the individual. The family has one of the greatest influences on the individual`s purchasing decision and the kind of lifestyle which an individual aims to fulfill at large (Lowe and Alpert 2015). Veryoftentheconsumerpurchasesaproductforthepurposeoffamily consumption and in this aspect, it can be rightfully mentioned that, around 50% of the respondents stated that they purchase the product for the children in the family whereas 43% purchase it for their siblings. Only 6% of the respondents stated that they purchase
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7CADBURY OREO it for their parents. Hence, the children have a huge influence on the purchasing decision. Culture/Region The culture can be stated to be the beliefs, traditions and other such aspects which can have a strong impact on the individual and the society (Shao, Grace and Ross 2019). A culture influences an individual to make a particular purchase or not. The decision of any consumer is dependent on the availability of the product in the region as well. Hence, in this aspect, it could be understood that, the Chocolate flavor us highly popular as 81.25% of the respondents believed that, Chocolate was largely available whereas 18% of the respondents were under the belief that, Vanilla is popular for them. Findings Therefore, from the given data analysis as done on the response of the survey received and the literature as available in the particular topic. The given findings have been arrived at: 1.Consumer attitude tends to form one of the most crucial factors while making a purchase decision. In the case of the Cadbury Oreo, it was largely understood that the attitude has an impact on the recommendation of the product has done and the source from which they gain the information on the product. 2.Consumer perception forms the basis of the purchase and is highly reflected on the popularity of the product amongst the target market. Moreover, the packaging of the product also tends to have a strong impact on the perception of the consumer. 3.The family values and culture of an individual likely predict the type of product the consumers will be purchasing. From the survey, it could be understood that the particular purchase decision of Oreo is largely dependent on the children`s preference and the flavor chosen is also biased towards their choice.
8CADBURY OREO References Bagozzi, R.P., Rosa, J.A., Celly, K.S. and Coronel, F., 2018.Marketing-Management. Walter de Gruyter GmbH & Co KG. 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. Baker, M.J. and Saren, M. eds., 2016.Marketing theory: a student text. Sage. Bilgihan, A., Barreda, A., Okumus, F. and Nusair, K., 2016. Consumer perception of knowledge-sharing in travel-related online social networks.Tourism Management,52, pp.287-296. Kim, E. and Drumwright, M., 2016. Engaging consumers and building relationships in socialmedia:Howsocialrelatednessinfluencesintrinsicvs.extrinsicconsumer motivation.Computers in Human Behavior,63, pp.970-979. Liang, S., Zhang, Z., Zhang, Z., Law, R. and Sun, W., 2017. Consumer motivation in providinghigh-qualityinformation:buildingtowardanoveldesignfortravelguide websites.Asia Pacific Journal of Tourism Research,22(6), pp.693-707. Shao,W.,Grace,D.andRoss,M.,2019.Consumermotivationandluxury consumption:Testingmoderatingeffects.JournalofRetailingandConsumer Services,46, pp.33-44. Sinesio, F., Saba, A., Peparaio, M., Civitelli, E.S., Paoletti, F. and Moneta, E., 2018. Capturing consumer perception of vegetable freshness in a simulated real-life taste situation.Food Research International,105, pp.764-771. Tan, B.C., Chai, L.T. and Min, P.S., 2017, April. Attitude towards eating “green”: Do consumer consciousness, healthy lifestyle, and value orientation matter. InConference Paper(pp. 153-160). Lowe,B.andAlpert,F.,2015.Forecastingconsumerperceptionof innovativeness.Technovation,45, pp.1-14.
9CADBURY OREO Appendix Questionnaire and Responses 1.HaveyoutastedCadburyOreo? Options: Yes /No 2.Whatisthebestthingyoulikeabouttheproduct? Options: Taste/Price/Quantity/ Brand name/ packaging 3.Accordingtoyouisthepriceoftheproductsetright? Options: 1-5 5-Strongly Agree 1: Strongly disagree 4.How often do you purchase the product? Once a week Twice a week Once a month Twice a month Others 5.How likely will you recommend the product? Very likely/Likely/Neutral/Unlikely/ Very unlikely 6.WhichisthewidelyavailableOreoflavourinyourcountryorregion? Chocolate/Vanilla/Mint/ Strawberry 7.WhoallliketoeatOreoinyourfamily? Parents/Children/ Spouse 8.From where do you get the info about the product Newspaper/ Social media/ TV/ Radio/others 9.How likely will you rate theproductasthebestcreambiscuitbrandinthemarket?
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