DECLARATION I hereby declare that the research work performed over the topic “The impact of branding on customers’ buying behaviour” is a record of original work performed by me. The information and data provided within this report is authentic which doesn't involve any kind of fake information.
ACKNOWLEDGMENT I want to thank to all the people who provided me guidance in performing this investigation. I also want to thanks my colleagues and my team members for their support and coordination with me which supported me in gathering data and its evaluation in the light of research aim and objectives.
EXECUTIVE SUMMARY This reports aims at the study of the impact of branding on consumers buying behaviour . Consumers buying behaviour is refers to as the process where the decision regarding the buying of the product is taken considering the quality, packaging, prices and its utility to the individual. In order to understand this concept the major pointwhich have been focused is the concept of branding and how it affect consumers buying decision. Branding plays a vital role in influencing customers decision to purchase and consume the product. In this report the introduction section has been written which consists the study about the branding and its concepts along with the aims and objectives of the research has also been mentioned. In this research the chosen association is Giorgio Armani which is the leading brand of clothes fro both men and women. The researcher have chosen this association for the research as this is the leading brand among all other brands. Along with this Literature review is also documented so that the different view point regarding the concepts of branding on consumers buying decision can be studied which have been given by various authors. With the help of these different branding concepts the next stepsoftheresearchmethodologyhavealsobeentakenintoconsideration.Research methodology is the major part within this investigation as with the help of this factor only the data regarding the branding and its impact on the consumer's buying decision have been gathered. Research methodology is comprises of the methods through which the data have been collected. In regard to complete this investigation the researcher have used the qualitative method of research so that the data can be gathered in a quality. In addition to this, data analysis has be done with the help of primary source of data collection where the questionnaire has been used to gather the accurate data by asking number of questions to the customers preferring Armani. Apart from this recommendation and finding have been mentioned which are related to the questionnaire and the issues related to the investigation about the topic. The documentation of the conclusion is done on the basis of the findings from the research so that the accurate and relevant outcomes can be gathered.
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Table of Contents EXECUTIVE SUMMARY.............................................................................................................2 TOPIC:-............................................................................................................................................5 CHAPTER 1: INTRODUCTION....................................................................................................5 Overview of investigation...........................................................................................................5 Background of investigation.......................................................................................................5 Rationales....................................................................................................................................6 Research Aim..............................................................................................................................7 Research Objective:-...................................................................................................................7 Research Questions:-..................................................................................................................7 Time scale...................................................................................................................................7 Structure of dissertation:-............................................................................................................7 CHAPTER 2: LITERARTURE REVIEW.....................................................................................9 The brand image create customer’s loyalty................................................................................9 The brand create or inspire trust in customers..........................................................................11 Branding show the social status and affect the buying behaviour of the customer..................13 Brand attract more customers than similar industry brands......................................................15 CHAPTER 3: RESEARCH METHODOLOGY...........................................................................18 CHAPTER 4: DATA INTERPRETATION..................................................................................23 CHAPTER 5: CONCLUSION AND RECOMMENDATION....................................................32 Conclusion................................................................................................................................32 Recommendation......................................................................................................................32 REFERENCES..............................................................................................................................34 Appendix.......................................................................................................................................37
RESEARCH TITLE:- “The impact of branding on customers’ buying behaviour: A case study of Giorgio Armani S.p.A.” CHAPTER 1: INTRODUCTION Overview of investigation Branding is refers to as a marketing practice where a company perform several activities in order to create a name, design or symbol that can be easily identifiable by the people as belonging to company. An organisation performs number of activities in order to a positioning its branding in a positive manner within marketplace (Dhurup, Mafini and Dumasi, 2014). This is so because an effective branding is only possible by a company when it work toward regularly interacting and maintain a relationship with customers.For this organisations mainly focuses over offering high quality product so that the price which company is offering must create equal value that a customer is paying for purchasing that product. That means a product must offer such benefit and value which worth the money consumers are offering(Shahin Sharifi and Rahim Esfidani,2014). In addition to this several other methods like making customer aware about availability of particular product and benefits its offers with the help of advertisement, promotional events, providing after sales services etc. By performing such practices a brand become able to creates a particular perception about it in the mind ofcustomers and due to which the customer get attracted toward a brand and line up within the store to get the latest product of that brand (Sasmita and Mohd Suki, 2015). It is a kind of human nature as when they found anything appealing which support them in enhancing their life and status within the society. In order to perform investigation over “The impact of branding on customers’ buying behaviour”, Giorgio Armani organisation has been taken into consider which is one of the well- known brand throughout the world and deals in fashion products or services. Background of investigation Branding is also proves to be critical for a business growth and success as it help in forming a perception regarding a company's product or services (Abosag and F. Farah, 2014). There are number of benefit that an organisation get through branding such as greater recognition within marketplace, helps in increasing the business value among several stakeholders that further support in organisational growth. For studying effectively regarding the impact of
branding on consumers' buying behaviour the Giorgio Armani has been considered which work as a fashion retailer throughout the world. Giorgio Armani is one of the well known Italian luxury fashion brand which is founded by Giorgio Armani (Zekiri and Hasani, 2015). It involves number of activities like manufacturing, designing and distribution of shoes, accessories, watches, leather goods, home interior, cosmetics and eye wear. In addition to this it maintain a chain of brand for offering variety of products likeArmani Junior, Giorgio Armani, Giorgio Armani Privé, Armani Jeans, Emporio Armani, Armani Exchange and Armani Collezioni. It maintains a positive brand image throughout the world as an offerer of high quality luxury fashion items (Esmaeilpour, 2015). For representing and differentiating its product within market place it associate the name of Armani with high-fashion for leveraging the value the brand have in market for already established products. Rationales The main aim behind conducting this project is to develop an understaffing regarding the role that branding help in influencing the consumer behaviour and in what manner. The information gathered through the investigation support in enhancing the knowledge of researcher as well as reader regarding the role ofbranding in growth and success of an organisation. In addition to this it also help in enhancing the understanding of several tools and techniques that are used within an investigation to gather, analyse and interpret the information in effective manner (Akhtar and et. al., 2016). This investigation will provide benefit to both business as well as students with the help of this information. It is so because this will help business persons in determining the number of actions which they can take in order to enhance their branding practices to have greater influence over the consumers for achieving competitive edge at marketplace. On other side, this dissertation also have academical benefit as it will support students in gathering the information regarding importance of branding to a business and tactics they adopt for creating an effective brand image by getting a real example ofGiorgio Armani (Moreira, Fortes and Santiago, 2017).Apart from it, this investigation also support business persons in developing their understanding regarding actions they must perform in order to perform positive branding which support them in achieving competitive edge Research Aim The main aim of this dissertation is "to demonstrate the importance of branding on customer behaviour. A study on Giorgio Armani S.p.A.
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Research Objective:- To explain the meaning of branding and the importance of this in the marketing sector. To examine the impact of customer buying behaviour in contact with a well-known brand. Research Questions:- How can brand image create customer’s loyalty? How can the brand create or inspire trust in customers? Can branding show the social status and how can this affect the buying behaviour of the customer? Why does a particular brand attract more customers than similar industry brands? Time scale It plays a crucial role in ensuring the systematic flow of activities involved within an investigation for accomplishment of research objective. For presenting time scale a tools is used which is known as Gantt chart(Khan and Rahman, 2016). It refers to a pictorial representation of number of activities to be performed within investigation and time take by them along with the sequence of their accomplishment. This support in assisting the actions performed by researcher in right direction. Structure of dissertation:- The proposed investigation will be performed in effective manner by performing work as per specific format(Fatima and Lodhi, 2015). This investigation contains a structure of six chapters which is described below: Chapter 1: Introduction In the first section of this dissertation there is a overview about the current topic of study and direction in which this will proceed. It support in developing an understanding regarding the dissertation topic in the mind of readers so that they would be able to gather further information presented(Akkucuk and Esmaeili, 2016). Further it also enlist the research aims and objective along with the time scale. Chapter 2: Literature review In next chapter of this dissertation there is an in-depth description regarding the influence of branding over consumer buying behaviour by taking into consideration the view point of
several authors which is collected from different sources like books, journals, articles etc. The critical evaluation of authors view point has been performed in reference with aims and objectives so desired outcome can be achieved(Bhanot, Srinivasan and Srivastava, 2014). Chapter 3: Research Methodology In this section of investigation there will be detailed discussion regarding the number of tools and techniques that are used by researcher in order to collect, interpret and evaluate the information to reach over a particular conclusion(Shobeiri, Mazaheri and Laroche, 2014). Chapter 4: Data Analysis In this section, all the information collected regarding research topic will then be evaluated according to pre-specified research aims and objectives. In addition to this it also provide detailed information over the findings. Chapter 5: Conclusion and Recommendations In this chapter of dissertation overall findings will be evaluated for presenting the conclusion of investigation(Sharp, 2016). In addition to this it also present recommendation on the basis of issues found throughout investigation. Chapter 6: Reflection This is the last chapter of investigation where a reflection over the personal experience of researcher while performing investigation will be presented. This will includes learnings and issues faced by researcher(Bian and Veloutsou, 2017).
CHAPTER 2: LITERARTURE REVIEW Literature review is defined as the scholar paper that contains information regarding a particular topic of study with an aim to extract appropriate conclusion over same. This is a kind of framework which support a reader in enhancing their knowledge about a particular topic so that they would be able to understand about findings(Alalwan and et. al., 2017). It is basically a process of evaluating the secondary information which is gathered from different sources like journals, articles, books, newspapers etc. for ascertaining information about a particular topic of concern. In this section the researcher critical evaluate the view point of two different authors over a particular topic. This support the investigator to form up a base by developing certain understanding regarding the topic so that this understanding can be further expanded with the help of primary investigation. In addition to this it also support the investigator in effective representation of primary information by evidencing it with previously conducted research data over similar topic which is critically evaluated in literature review (Kang, 2015). The brand image create customer’s loyalty According to the view point of Adrian Swinscoe, 2017, in order to gain a legionof loyal followers a business is firstly required to establish the brand identity among its stakeholders. This creation of identity involves several factors like way a customer perceive brand, value it provide to stakeholder, quality of work performed by the company. These are crucial factors as manner in which a customer perceived brand plays a crucial role within the decision they form for developing a trust over the company. This is the main reason why a particular business takes their brand identity as a serious matter to be focused while formulating a decision regarding promotional and other practices within marketplace. There are eight factors which are required to beconsiderbyanorganisationinordertodeveloptheirpositivebrandidentitywithin marketplace. These factors are mentioned below: Find thing make brand unique:-In order to create a positive brand image within marketplace it is crucial for an organisation to offer something unique in term of their product or services which is not available among other competitors. This is because if any organisation or business have nothing to offer that make them unique or different from other rivalry then it is quite difficult for creating the brand loyalty. According to Ramanathan, Subramanian and Parrott, 2017, Every business who want to achieve
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success try to provide a clear value preposition and present them in front of its customers which support in influencing them and make them attracted toward the offerings of particularcompany.Onceanorganisationbeabletoidentifyitsuniqueselling propositions it is required to be presented within the marketing campaign in order to make customers aware about it and providing them a reason to buy. Remain consistent:-It is very difficult for an organisation to keep their brand identity consistent from the starting of their execution but it is consider to be a key to inspire the customer loyalty toward the brand. For this if a social media and other pages are forwarding a direct message to customers regarding the company's product or services and not directly from the website of company then there is a chances that customers get confused. Hence in order to develop a positive brand identity then a company must take time and carefully plan the brand strategy so that they can promote the real message that they actually want to circulate among customer using different platform. Form Brand Alliance:-Building positive relationship with several different brands and forming up partnership with those brand benefit the company in many ways. It help in elevating the brand's image which contribute toward increasing the customer base and increasing the profitability of organisation. According to Balakrishnan, Dahnil and Yi, 2014, the strategic partnership not only expand the reach but it also help in improving the relationship with customers. In addition to this it also provide an option of swapping the promotions and special discount offers to partners which can be passed to the customers base. On the other hand as per the view point of Wheeler, A., 2017, a image that a particular brand holds determine how a customers perceive company in term of logo, website, product, quality, emotion etc. A positive brand image is the main reason behind a customer who flock up in a line for hours within the store for purchasing the newest product offered by a particular brand. This is so because a brand which offer higher value to the customers be able to develop an effective relation among the company and customer in a manner that whenever they want to purchase product users prefer that particular brand. According to Corsi,Overton and Casini, 2014 by maintaining a positive relation with customer a brand become able to develop a emotion in the mind of user which always influence them to purchase product from that particular brand. This help in building a base of loyal customer which also support a brand in launching a new
product and getting acceptance in market. It is so because when a company launch its new product its existing and loyal customer always seek to try them and also suggest other to go for the purchase of same. This is so because when a brand get valued by the customer then it build up trust among it followers that they won't get cheated if uses new product or offering from the same company or its partners. The brand create or inspire trust in customers According to the view point of Thomas Smale, 2017, when a consumer as well as prospects of a company holds up trust among them, at that time they more likely buy from that particular brand. On the other side when a company have the trust of its customers then they also have an advantage to command the price higher then average and boost up the lifetime value of each consumer. But this is not possible to achieve so easily as for gaining trust among customers it is crucial for an organisation to remain consistent in messages they deliver, develop an understanding regarding the buyers and delivering the promises on timely manner. These are the factors which are considered byGiorgio Armani and it become able to get a tremendous growth in market place by maintain a higher goodwill about its quality of offering within the fashion retailers. This contributed up-to a great extend in developing a loyalty customers base but it take lots of time and efforts by the experts of Giorgio Armani with the formation of several strategies. These are mentioned below: Be accessible:-The main focus ofGiorgio Armani is to remain approachable to the customers and allow them to interact with the company regarding their feedbacks and suggestions. In order to remain accessible toward the customers, theGiorgio Armani focuses toward setting up their fashion retail stores at several places so that customers are not required to put more efforts for reaching the stores and purchasing products. In addition to this with the enhancement of technological environment,Giorgio Armani started offering its product online using e-commerce over which customers can purchase products while sitting at home and interact with company or suppliers directlyby marketing their comments which then answered by the company. Have a reliable product:-The major challenge in front of each company is that people always tend to buy products or services as per emotion and not logic, but when the product arrive at the customer's doorstep then they only get satisfied with the quality of product in a justification of their purchase. This is the main reason behind the worldwide
success of Giorgio Armani as it not only focus on the design and pattern of its clothing rather it also put emphases over the offering products that are formed up with high quality raw materials. In addition to this for assuring its quality the Giorgio Armani also pass it products through several testing so that it can gain the trust of its customers. Be honest:-This is consider to be a most crucial attribute that an organisation must holds in order to remain loyal and trust worthy in the eyes of customers. Giorgio Armani always remain transparent in term of its recognising and remaining open to both the strength and weaknesses they have. In addition to thisGiorgio Armani also tried to present its story behind each new or unique product it launch by explaining what process and material used to create this particular commodity. It not only support in improving the brand image but also help in gaining the trust of audience toward it. On the other side as per the view point ofKumar, V. and Kaushik, A. K., 2017, an effective brand image or performance within the marketplace supportcustomers in getting attracted toward the products it offers and influence them to make a purchase for this. In addition to this effective brand image also support in developing a base of loyal customers as when they have a positive experience from the company and product quality it offers they become able to build up trust or confidence toward the offerings of the company. This in turn also influence them to suggest their reference group to go for a try regarding a particular product or services offered by brand. TheGiorgio Armani maintained its brand image in the marketplace regarding the quality of product it offers and its feature of complimenting the status of customers within their reference group. For branding its product, Armani mainly focuses on performing regular promotions in order to stay connect with the customers. In addition to this it also focuses toward creating a brand image among the customers in positive manner by maintaining a regular interaction with customer through social media sites. This promotes a image of its product in a manner like brand offer such lifestyle accessories and products that support a customer to get a status among their reference group. Hence, Giorgio Armani mainly focuses over performing branding in a manner that ait build up a positive image among customer and attract them to purchase its products by influencing their decision making process.
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Branding show the social status and affect the buying behaviour of the customer AS per the view point of Choi, T. M., Shen, B., Jung, J., Chow, P. S. and Wong, S., 2014, Branding plays a crucial role in conveying the views and ideas of company behind a particular product or services to customer. A strong brand image within market affect larger number of people by conveying right message which further support an organisation in converting the efforts performed by organisation into greater growth as well as success. It also support in differentiating a product or services from that of other present in market in term of its quality, experience, price and many other attribute which support in creating a positive image about the company's product or services among the targetted audience. Branding have a direct influence over the purchasing behaviour of consumer, as it support in creating an image of the company in mind of customer that help them in formulating decision regarding the purchasing of product or switching a brand. An effective branding support in developing loyalty, trust and confidence among the customers. According to the view point of Neil Kokemullar, 2019, in order to make effective decision regarding the product it is very crucial for an organisation to determine the motive and interest that customers have toward that product so that store layout and promotional practices can be planned accordingly. Consumers mainly buy off brand name in order to maintain their image among their reference group as it provide them a feel of self satisfaction. Following are the main reason behind adoption of particular brand, Social acceptance and fitting in:-People always have a desire to get fit into their work or social circle. For this reason, customers usually buy a particular brand because they have a believe that brand will support them in getting greater social acceptance. This is specially applicable to fashion brands. This is that reason that consumers mainly buy clothes fromGiorgio Armani which provides fashionable, high class or trendy products which get fit within a particular peer group or subculture. Personal or professional image:-Just like an organisation or product brand have an identity, people who are using them also holds up an identify within society. This is the reason for which majority of people buy a particular brand so that they would be able to get support in enhancing their personal and professional image. In order to represent their classy and fashionable image people move toward purchasing the fashion items offered
by Armani. It is so because Giorgio Armani suits contribute toward their image i.e. high class or well-to-do sophisticated professional. Hence, it can be said that people mainly prefer to buy product or service of a particular brand which provide them with quality, status and satisfaction as well. Therefore, people mainly prefer to buy fashion items offered by the Giorgio Armani which not only keep its customer satisfied with the quality and appearance but also provide them a chances to maintain their personal as well as professional identity. So, by this it can be said that the brand name of Giorgio Armani contribute up-to a great extend within the growth and success of the company throughout the world. On the other hand according to the view point of Seo, Y. and Buchanan-Oliver, M., 2015, Branding is consider to be one of the most significant factor which help an organisation to achieve sustainability within the marketplace and mind of consumer as well. This is so because a brand with a positive image in marketplace support customers who are purchasing those products in creating their own identity or status among their reference group and society to which they belongs. By performing branding in appropriate manner an organisation become able to become an emotion or somewhata part of consumer's life. This is reason,Giorgio Armani focuses toward establishing their brand within marketplace from very first day in order to remain in the mind of customers and influence them to purchase that particular product or services which help users in maintain their status among others within the society. The Giorgio Armani become successful within the marketplace by creating its brand image in a manner that products offered by it provide a user compliment their personality as well as status which they hold among their reference group.Hence, the brand image directly influence the buying pattern of a particular customers by offering them such items through which they get recognition within the society. Apart from this it also help in getting regular purchase from those customers by keeping them loyal toward brand. This in turn support in achieving word-of-mouth publicity regarding its offering from the experienced customers. Hence in order to become at the priority of its customers theGiorgio Armani focuses toward taking much care about the social identity of its customers by offering items according to their need and expectation. It is basically performed with the help of advertisement and promotion of products offered byGiorgio Armani, carrying of which support customers in improving their identity within society. These promotional activities further support the brand in attracting customers toward a particular identity which they
are willing to achieve within the society. Therefore, the brand name of a product purchased by the customers support in creating an urge among them regarding an opportunity to achieve particular identity which they want to achieve within the society. Brand attract more customers than similar industry brands As per the view point of Jayson DeMers, 2019, the businesses throughout the world are drowning in brand sue to increase in rivalry and cut throat competition which is present among the companies with an aim to offer better then other players in market. But to make the matter more complicated, all the brands are competing with one another in order to achieve higher visibilitywithinmarketplacebyusingmarketingandadvertisementcampaignforbeing noticeable by the customers'. The strategies adopted by a particular brand performs a lot in getting attention from the targetted audience in order to stand out among the other rivalry. The Giorgio Armani also consider to be one among others who have their stronger identity within marketplace which make it to attract customer toward purchasing products offered by them and remain loyal to the company.There are some factors mentioned below which makes Giorgio Armani a brand which have a capability to attract more customers then the other brand of similar industry, such as: Originality:-In order to stand apart within the marketplace from that of other, a company is required to remain original in term of its product offering and do not mimic its competitor's brand. The Giorgio Armani offers its fashion products which are being manufactured by its own and can't be copied by other brand so quickly. This is the reason people prefer to purchase from Giorgio Armani as it provides a trust of originality. Sincerity:-For always remaining ahead in term of competition or within the choice of customers it is crucial for a brand to represent their sincerity. For instance, if an organisation treat the issues of customer with a same message of sympathy or not repetition in future without working over the issue then customers get dissatisfied and don't want to maintain relation with organisation. TheGiorgio Armani focuses toward remaining sincere in term of offering its services and providing after sale services to customers by listening to them regarding issues they are having and taking instant action to resolve them for keeping them satisfied. Visibility:-The visibility of a particular brand is very crucial as it help in keeping the customer bind with the company and its offering. This is because when customers do not
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have clues regarding the products or services offered by a brand then they won't be able to get attracted toward it. For this it always focuses toward keeping itse4lf in the mind of consumer through performing regular promotional activities On the other side, according to the information provided by John Rampton, 2019, in this fast-paced world it is quite easier to get connected with the targeted audience for enhancing the customers base. But at the same time keeping them connected with the brand for longer duration in the presence of these tools and resources are also getting complicated.. These ways are explained below: Nice to know them:-In order to remain connected with the customers it is crucial to have some personal information about them. As having knowledge about the customer let an organisation to determine what customers love to have and things that can annoy them. This in turn help in formulating effective marketing strategies for approaching them. For this, Giorgio Armani mainly focuses over remaining active over several social media platform in order to have regular interaction with the customers. In addition to this it also provide information regarding current demand and expectations that customers have toward the product offered by Giorgio Armani. So that by offering products as per their requirement it become easier for the brand to keep its customer stick with the products offered by them without getting a thought of brand switching. Providing superior customer services:-The customer services are consider to be absolute necessity within the customer based world. This involves responding to the issues or problem faced by customers quickly, resolving their queries on timely manner etc. The Giorgio Armani mainly focuses over ensuring that their customers are satisfied with the brand not only while purchasing a particular brand. But at the time of both i.e. pre and post purchase by making them aware about the offerings and its features of regular basis. Hence,Giorgio Armani mainly promote its new product and inform customers with all its benefit to make them identify a particular product which specify their need. Then after purchasing of particular product, offering post purchase or after services to customer in order to resolve the issues they are having once they use product. It help Giorgio Armani in maintaining a good relationship of customer with brand that support them in creating a loyal customer base which continues with the brand offerings.
Keeping them in loop:-In order to remain at the top of the customer list it is crucial for an organisation to keep its customer also familiar with the practices that company is adopting for improving the product or services offered by them. Whether it is a kind of announcement such as introduction of new commodity or posting a new blog it is crucial for an organisation to always keep its customer in loop. This support an organisation to alwaysremainconnectedwiththecustomersandkeepingthemengagedwithin organisational affairs. Armani always try to keep its customer aware with every new step taken by the company in favour of customer. For this it maintain its social media pages for keeping customers aware about new offerings as well as launching of new products. In addition to this it also perform several actions like sending email, push notification over their smart phones, newsletters etc. These all support in keeping the customers update in order to make them understand more about the business and manner in which Armani is putting efforts to create value in front of customers. Summary As per the above performed evaluation it has been found that brand image plays a crucial role within the growth as well as development of an organisation as it help in creating awareness among the customers regarding a particular product or services and benefit it offers to them by performing promotional activities and maintaining relation with customers. These all contribute up to a great extend in creating positive brand image in marketplacewhich in turn help in influencing the consumer behaviour toward purchasing a particular product or services.Despite of this it also help in increasing the market base by attracting new customers, it improve pride or satisfaction among both the customer as well as employees, develop trust among targetted market and at last contribute toward promoting the brand's product offering. The Giorgio Armani remained focused toward satisfying the varying demand of its customers by formulating several strategies for creating value which in turn contributed toward improving its market position within market and in eyesof customers. In order to gain loyalty among customer through proper branding it ensures that products remain accessible, more reliable and honest to them. Despite of this, in order to achieve that priceless connection there are some effective ways that are being adopted by number of brands and Giorgio Armani which supported them in remaining connected with the customer base at the same time. This includes addressing the
issues they are facing, regularly communicating with them about the offerings, providing better customer support services etc. Hence, it can be said that Giorgio Armani always try to remain within the headlines of magazines and in notice of its customers by performing several actions so that proper relationship can be maintained. Like by performing advertisements, printing articles innews,organisingpromotionalevents,briningnewdesignsorproductinthemarket, performing sales promotion and many more. These all supportGiorgio Armani in keeping its customers connected with the brand so that they never get a thought of brand switching.
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CHAPTER 3: RESEARCH METHODOLOGY Introduction Research methodology is a framework that contains a detailed description regarding the number of tools and techniques that are going to be used within an investigation for gathering, evaluating and interpreting the information so that appropriate conclusion can be made. This section contribute greatly within the success of a particular research topic as it help in guiding the researcher regarding the best method that must be used for performing a particular research activity (Kumar, 2019).The main reason behind performing this research methodology section is that it support in identifying several tools and techniques that can be used by an investigator for ensuring that all the activities throughout the investigation must be performed in effective manner so that appropriate outcome can be extracted.This investigation is based on “The impact of branding on customers’ buying behaviour: A case study of Giorgio ArmaniS.p.A.” For performing investigation in effective manner a framework is used which is named as Research Onion that provides detailed information regarding the current topic of investigation in detailed manner. This framework consists of several layer where each layer describe about the approachesortechniquesthatcanbeadoptedbytheinvestigatorinordertoperform investigation in effective manner. The research methods, tools or techniques used for performing this investigation are mentioned below: Research philosophy:-It is basically a set of belief which is related with the nature of reality regarding a topic over which investigation will be performed by the researcher. The research philosophies are basically of two type that are mainly used within a particular investigation such as positivism and interpretivisim. Among them the positivism philosophy contains several aspects that belongs to scientific reviews given by authors. This research philosophy support in presenting information by considering the physical changes anticipated within world so that researcher be able to align its information of research with the current scenario (Mackey and Gass, 2015). On the other side, the interpretivisim philosophy consists of gatheringinformationasperrealisticapproacheswhichdirectlyaffecttheoutcomeof investigation. With the adoption of this method researcher would be able to gather information from several sources in order to support aims and objective of investigation with several evidence. In this investigation, the interpretivisim philosophy will be used and the reason behind this is that it works over human perception and their view point. Hence it will support in
critically reviewing the perception of several authors in term of branding influence over the buying behaviour of consumer. Research approach:-It involves the step of wider assumption that help in in-depth data collection, evaluation and interpretation for providing the direction in which investigation activities must be directed to achieve particular aims and objectives. The research approaches are basically of two type such as inductive and deductive (Bresler and Stake, 2017).In which deductive approach focuses over gathering information by creating hypothesis that are based on pre-specified theories and testing them by gathering information in this direction. On the other side, inductive approach is one which involves a process of generating new concepts or theories by regularly updating the information. For performing this investigation inductive approach will be used as it support in achieving best possible outcome that are extracted out of in-depth investigation. In addition to this deductive approach is more time consuming as it cover all the small aspects involve within the investigation in order to focus over larger topic. On other side the inductive approach is flexible as it not put much emphasis over broader topic. Researchdesign:-Itisconsideredastheblueprintofoverallworkperformed throughout investigation which is crucial for providing the specification regarding selected topic. There are basically three type of designs that are used while performing investigation. In this the descriptive research design is one which totally depends over the detailed evaluation performed over the selected investigation area and it mainly focuses over explaining the nature of phenomenon through out the investigation. The exploratory research design is basically perform over the topic that are not yet been researched before. It is mainly performed for exploring further information about topic despite of providing final and conclusive answer. On other hand, theexperimentalresearchdesigndependsonthestatisticalanalysisthatcompellingin determining the investigation using hypothesis. For performing this investigation the descriptive research design will be used as it support in performing detailed evaluation over the particular topic and it is based on qualitative mean of investigation. Time Horizon:-It is most crucial factor which is required to be consider while performing investigation as it enlist the number of activities to be performed for accomplishment of research aims and objectives. It ensures the systematic and timely completion of research project the time horizon are of two type such as longitudinal and cross sectional. In present investigation the cross sectional time horizon will be used (Alvesson and Sköldberg, 2017). This
is because it help the researcher by providing adequate time required for the accomplishment of set of activities in accomplishment of investigation. In addition to this it also provide an understanding regarding the actions or type of activities to be performed and in which time duration. Research methods:-It involves the adoption of type of method for gathering the information over a particular research topic in order to complete the project in more reliable and efficient manner. The research methods are basically of two type such as qualitative and quantitative. In this, the quantitative investigation is one that help in gathering the numerical data and hard facts regarding the application of mathematical and logical techniques for extracting the finding over set of information. On the other side, the qualitative investigation is one which help in gathering the detailed information for getting an insight to a particular issue over which investigationisbased(Quinlanandet.al.,2019).Forperformingthisinvestigationthe qualitative investigation will be used and reason behind selecting this method is that the researcher will be able to uncovering the trends in the opinion and thoughts of people regarding the impact of branding over consumer purchasing decision. Data sources:-This involves a description regarding number of sources that are used for gathering information about a particular research topic which allows a researcher to answer the relevant questions for achieving the most positive outcome. There are mainly two sources which get utilised by the researcher for gathering information that are primary and secondary. Among them primary data collection sources are used to gather fresh and relevant information for supporting the positive findings of investigation. It is basically collected from the sources like group discussion, interview, survey, questionnaire etc. On the other side secondary data sources are basically used to gather the information from pre performed investigation in order to determine the nature of study for developing clear understanding regarding current topic of concern (McCusker and Gunaydin, 2015).The secondary information is collected from the sources like books, journals, articles etc. In order to perform this investigation effectively both primary and secondary data collection methods are used for gathering relevant information. For gathering primary information questionnaire will be used as it help in collecting larger amount of information in less possible time. On other side secondary information will be gathered from onlinearticlesandjournals for critically evaluatingtheinformationinorder to develop understanding regarding current topic of concern.
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Data analysis:-It involves the procedure of converting, clarifying and modelling the information gathered so that it can be represented in a manner that help in accomplishment of research aims and objectives. Within this investigation data gathered will be interpreted with the help of thematic analysis that help in providing an idea to the regarding the description below by presenting a small theme (Wiek and Lang, 2016). Further this information and analysis will then be supported with relevant graphs to make it more understandable. Research sampling:-It involves a process of selecting group of people in a manner that represent whole population so that information can be gathered on behalf of them. Research sampling are of two type such as probabilistic and non-probabilistic method. Among them the probabilistic approach involves equal chances of individual for getting selectedwhich contains more chances of partiality. On other side, non-probabilistic method is one which involves selection of individual on random basis. This investigation is performed using non-probabilistic method as it select respondents using random sampling method which increases the chances of reliability and validity of project. The sample size for this investigation would be 40 respondents. Research Ethics:-For performing investigation effectively and right manner, it is the responsibility of researcher to follow all the ethical consideration while performing investigation (Walliman, 2017). As the proposed investigation also involve the primary investigation the applicationofresearchethicsbecomemorecrucialforensuringthattheresultofthe investigation considered to be relevant and robust. The basic ethical principle of investigation which are required to be applied for performing research ethically involvesanonymity, confidentiality and informed consent. This includes informed consent where researcher must keep information provided by the respondents confidential, it must obtain consent from the respondentsbyprovidingdetailedinformationregardingthereasonbehindaparticular investigation so that information can be gathered in ethical manner. In addition to this for complying with the anonymity, the detail of participants gathered through primary investigation are not included within the results. At last for ensuring the application of ethics as per confidentiality the result of investigation are only shared with the people who are having stake in the result and are part of investigation. Research strategy:-It is consider as the most crucial part of research methodology as it help a researcher in determining the type of strategy it must use for gathering the information. This includes questionnaire, survey, interview, case study, observation etc. In order to perform
this investigation questionnaire will be used as it support in gathering higher amount of information at very limited time period that further support in providing more time to evaluate and interpret the information gathered. It help in gathering the quantifiable answer for the particular research topic. The questionnaire is suitable for this investigation because it is based on customer behaviour which can be determined effectively by gathering and evaluating the perception or view point of several other people. Therefore, questionnaire proves to be more suitable research strategy which support the investigator in presenting more valid and reliable information regarding the impact of branding on customers’ buying behaviour. Research limitation:-The limitation of investigation are consider as those characteristics which affects the interpretation as well as findings identified within particular investigation. The main limitation of this investigation is that the time provided for performing this investigation is very limited. So those resources are selected which support in gathering larger amount of data at possible time period. In addition this the another limitation of the investigation is that it is based on a topic i.e. Consumer behaviour which is quite difficult study as it is based on the perception of the people. Reliability and validity:-Within a particular research the reliability is defined as the consistency of measures that are based on application of testing the instrument in an appropriate manner. This means that the investigator must put more emphasis toward collecting true and accurate informationfrom authenticated sources in order to maintain the reliability of project. For presenting more reliable information the researcher within this investigation has ensures to collect information which is derived from various circumstances so that overall understanding can be provided through investigation. Despite of this, the validity of particular investigation can beconsideredonlywhentheoutcomeoffindingsareincorrespondencewithrealistic characteristics. In order to ensure the validity of investigation, researcher focuses toward gathering the information from authenticated sources like already published investigations. Summary:- From the above mentioned information it can be summarised that research methodology help a researcher in ensuring that the activities to be performed within the investigation must be accurate and support in directing the research in right direction. This investigation is performed as per qualitative mean of investigation under the descriptive research design and using inductive approach. In addition to this information is gathered from both the sources such as primary and
secondary so that proper evaluation of research objective can be performed. In addition to this sampling is performed using non-probabilistic approach and respondents are selected on random basis.
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CHAPTER 4: DATA INTERPRETATION Data analysis is defined as the process through which information is gathered within a particular format which make it easy for the researcher to provide appropriate justification over the impact of branding on consumer buying behaviour. For performing data analysis effectively, thematic approach is used that focuses toward using small themes that represent and provide cue to the reader regarding the discussion that is going to be presented under this theme. This make it easier for the reader to understand what is asked within questionnaire which gathering primary information from the respondents selected fro investigation i.e. 40 respondents.
Frequency table Q1. Are you aware about the term branding and manner in which it is helpful to an organisation? Frequency a) Yes35 b) No5 Q2 What are the major factors that push an organisation to perform practices related to branding? Frequency a) Creating recognition20 b) Generating more revenue10 c) Enhancing customer base10 Q3 What kind of impact does branding have over the consumer purchasing behaviour? Frequency a) Positive25 b) Negative5 c) Neutral10 Q4 As per your view point, does branding supported Giorgio Armani to increasing its customer base? Frequency a) Yes30 b) No10 Q5What are the several benefits that Giorgio Armaniget through its branding strategy? Frequency a) Developed Credibility10 b) Increase customer loyalty10 c) Recalling customer20 Q6 According to you, what are the major factors of branding that attract aFrequency
consumer to make purchases? a) Social status20 b) Positive experience10 c) Goodwill of brand10 Q7 In what manner the brand image creates loyalty among customers?Frequency a) Delivering promises20 b) Satisfying customer demand10 c) Creating value through offerings10 Q8HowbrandingofGiorgioArmaniaffectsthebuyingbehaviourof customers? Frequency a) Trendy products10 b)Variation in products10 c) Brand loyalty20 Q9Whatarebasicbrandingstrategiesthatbusinessesopttostrengthen customer base? Frequency a) Brand extension10 b) Brand Leveraging20 c) Private labels10 Q10 As per your view point, brand leverage is appropriate branding strategy for Armani to remain sustainable in marketplace? Frequency a) Yes30 b) No10 Q11 Why people buy products of Armani over other brand belongs to similar industry? Frequency a) High Quality offerings10
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b) Compliment social status20 c) Goodwill10 Data Analysis (125) Theme 1: The term branding and manner in which it is helpful to an organisation Q1. Are you aware about the term branding and manner in which it is helpful to an organisation? Frequency a) Yes35 b) No5 Interpretation:-Brandingisconsidertobemostcrucialfactorwhichsupportan organisation to create more awareness among the customers in order to achieve success. This in turn also support in attracting and influencing larger number of customer to earn more profit. By conducting investigation, it has been found that 35 out of 40 people said yes that they are aware about branding and manner in which it is helpful to a business. But on the other side 5 respondents said that do not have much idea about branding and its importance to organisation. Hence, it has been identified that majority of people are aware about the branding and its necessity to a business. This is because people mainly prefer to buy product or services from a company that has maintained its positive image in marketplace and provides good experience to the customers. These all become possible by the name of company which can only be recognised among public with the help of proper branding.
Theme 2:The major factors that push an organisation to perform practices related to branding Q2 What are the major factors that push an organisation to perform practices related to branding? Frequency a) Creating recognition20 b) Generating more revenue10 c) Enhancing customer base10 Interpretation:- Each organisation try to perform branding within marketplace in order to attract more and more customers with an aim to keep them bind with the offerings of the company. By performing investigation over the major factors that pushes an organisation towards branding it has been found that 20 out of 40 respondents said that creating recognition in market is the main reason. But 10 out 40 respondents said that generation of more revenue is the main reason behind adoption of branding by companies. But another 10 respondents said that customer base enhancement is that reason behind branding. Hence, it has been found that majority of people are in favour of brand recognition, as branding is mainly established through adopting several promotional techniques in order to make larger number of people aware about the existence of particular brand that can satisfy the customers' need.
Theme 3: Kind of impact does branding have over the consumer purchasing behaviour Q3 What kind of impact does branding have over the consumer purchasing behaviour? Frequency a) Positive25 b) Negative5 c) Neutral10 c Interpretation:- Branding have a direct influence over the consumer preference which in turn affect its purchasing behaviour. By performing investigation over this it has been found that 25 out of 40 respondents said that branding brings positive impact over the purchasing behaviour of consumer. On the other side 5 respondents said that it negatively affect the purchasing behaviour of consumer while 10 respondents said that branding have neutral impact over buying behaviour of consumer. Hence it has been identified that majority of people believes that branding have positive impact over the purchasing behaviour as it directly connected with the promotion of company's offering which help in creating awareness regarding the benefit and value that customers get with the purchasing of product. This in turn contribute toward forming the purchasing decision.
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Theme 4: Branding supported Giorgio Armani to increasing its customer base Q4 As per your view point, does branding supported Giorgio Armani to increasing its customer base? Frequency a) Yes30 b) No10 Interpretation:- Branding support a lot in bringing growth as well; as success to Giorgio Armani in term of increasing customer base. By performing investigation over this it has been found that 30 out of 40 respondents said that branding support Giorgio Armani in increasing its customer base. But on the other side 10 respondents said no over this. Hence, over this it has been clear that branding supported Giorgio Armani in increasing its customer base as with the help of branding it become able to create goodwill in target market market. This in turn contributed toward attracting more and customer to purchase and perform Word-of-mouth publicity by suggesting reference group which help in increasing customer base. Theme 5: The several benefits that Giorgio Armaniget through its branding strategy Q5What are the several benefits that Giorgio Armaniget through its branding strategy? Frequency a) Developed Credibility10 b) Increase customer loyalty10
c) Recalling customer20 Interpretation:- BrandingstrategyprovidesseveralbenefittoGiorgioArmaniandbyperforming investigation over this it has been found that 10 out of 40 respondents said that branding support in developing the credibility among the customers. On the other side 10 respondents said that branding strategy supported Armani in increasing its customer loyalty but 20 respondents said that recalling customers is the biggest advantage that Giorgio Armani get through branding is recalling of customers. Hence, it has been identified that majority of people believes that Giorgio Armanigetrepurchasingbenefitfromitscustomersasbrandingsupportindeveloping relationship along with the creating of brand awareness. Theme 6: The major factors of branding that attract a consumer to make purchases Q6 According to you, what are the major factors of branding that attract a consumer to make purchases? Frequency a) Social status20 b) Positive experience10 c) Goodwill of brand10
Interpretation:- As per the above mentioned information it has been interpreted that 20 out of 40 respondents said that social status is the major factor of branding which attracts people to make purchasedecision,thusintoday'smodernscenariopeopleareverymuchconcernover maintaining their social standard. 10 people are in favour of positive experience as per their opinion a positive and healthy experience helps an organisation in attracting more buyers towards their offerings and remaining people are in favour of goodwill of brand thus this is also an another major factor which affects the opinion of an individual regarding making purchase decision. Theme 7: The brand image creates loyalty among customers Q7Inwhatmannerthebrandimagecreatesloyaltyamong customers? Frequency a) Delivering promises20 b) Satisfying customer demand10 c) Creating value through offerings10
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Interpretation:- From the description of the above mentioned graph it has been interpreted that there are multiple aspects of branding that creates loyalty among the buyers. 20 out of 40 respondents said that delivering promises is the best way to develop loyalty among customers, thus businesses are concern over providing their products and services on the promise data, therefore this create value in developing the trust of customers. 10 people are in favour of satisfying customers demand as per their view it is important for an organisation to fulfilling the desires of customers in respect to creating loyalty and remaining people are in favour of creating value through offerings, thus this is also an another key aspect of developing loyalty among buyers through making their offering more effective.
Theme 8:Giorgio Armani affects the buying behaviour of customers Q8 How branding of Giorgio Armani affects the buying behaviour of customers? Frequency a) Trendy products10 b)Variation in products10 c) Brand loyalty20 Interpretation:- Accordingto the detailed evaluation of the project it has been identified that,Giorgio Armani affects the buying behaviour of customers in different manner via the help of branding. 10 out of 40 people are go with the option of trendy products as this is the major aspect of which could be resulted in affecting the decision of customers regarding making purchase. 10 people are in favour of variation in products and remaining are go with brand loyalty. Theme 9:Branding strategies that businesses opt to strengthen customer base Q9Whatarebasicbrandingstrategiesthatbusinessesoptto strengthen customer base? Frequency a) Brand extension10 b) Brand Leveraging20 c) Private labels10
Interpretation:- According to the analysis of the investigation report it has been founded that there are different strategies that are opt by businesses to strengthen their customer base. 10 out of 40 people are go with the option of brand extension as per their opinion this is the most suitable strategy for an organisation to strengthen their workforces. 20 people are go with brand leveraging according to them this is widely applied strategy which is mainly implemented by the businesses to providing power to their operations via strengthen their human resources and remaining people are go with private labels, thus as per respondents view this is also a major strategy implemented by the businesses to develop their customers base. Theme 10: Brand leverage is appropriate branding strategy for Armani to remain sustainable in marketplace Q10 As per your view point, brand leverage is appropriate branding strategy for Armani to remain sustainable in marketplace? Frequency a) Yes30 b) No10 Interpretation:- According to the description of the above mentioned graph it has been interpreted that 30 out of 40 respondents are in favour of the statement thatBrand leverage is appropriate branding
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strategy for Armani to remain sustainable in marketplace and remaining respondents are not in favour with the same. Theme 11: People buy products of Armani over other brand belongs to similar industry Q11 Why people buy products of Armani over other brand belongs to similar industry? Frequency a) High Quality offerings10 b) Compliment social status20 c) Goodwill10 Interpretation:- According to the survey report it has been evaluated that there are multiple reason for which People buy products of Armani over other brand belongs to similar industry. 10 out of 40 people are in favour of high quality offerings, 20 respondents are go with compliment social status and remaining are in favour of goodwill.
CHAPTER 5: CONCLUSION AND RECOMMENDATION Conclusion From the in-depth evaluation of the project it has been concluded that branding is an effective aspect which performs vital role in affecting the behaviour of customers regarding making purchase decision. In the modern business environment competition within market is so high and the businesses are widely concern over developing their brand image for the purpose of gaining attention of customers towards the firm or its offerings. Branding is an important aspect which has its importance in the field of marketing, thus organisations are using branding as their key source of promoting businesses to attain higher growth and sustainability. From the opinion analysis of the respondents it has been analysed that as per their view branding is the most essential aspect which create value for the firm in attainment of higher growth and success at market place. Majority of people are in favour with the statement that creating recognition is the most essential factor that pushed an organisation to perform practices related to the branding. According to the opinion analysis of the respondents it has been evaluated that majority of people are said that branding have positive influence over the customers purchasing behaviour, thus in the modern scenario people are mainly seeking for high brand image. From the views analysis of the respondents it has also been recognise that branding has supported an organisation in creating its customers base via making people more aware about the product range and offered facility of the firm. People are also think that there are multiple factors like social status, positive experience, goodwill of brand that mainly attracts the customers to make purchase. People are now a day's are very much concern on maintaining their standard of living and for this they are seeking for buying products with high brand image. Therefore businesses are widely concern on developing their brand image through providing more trendy products, fulfilling desires of customers etc. As per the opinion of the majority of respondents it has been recognise thatbrand leverage is the most suitable strategy which can provide a proper assistance to the businesses to maintain their brand image. Recommendation In the present study area, the investigation is executed over the area of analysing the impact of branding on customers’ buying behaviour, thus the study area is wide and this is
effective in enhancing the idea and knowledge base of individual in regards to the similar area of study.From the detailed analysis of the project it has been recommended thatGiorgio Armani is operated at a global level and as a large business organisation it is important for the firm to maintain its sustainability via making people more aware about the offerings of the firm. As a largest clothing industry, company should analyse the market for fulfilling the desires and needs of customers at market place, thus this create value for the firm in attaining higher growth and success at market place.Giorgio Armani should also apply an appropriate marketing strategy which could be effective for the firm in providing a suitable assistance to carry out the work in right manner. The company should also analyse the strategies of their rivals in respect to implementing the most suitable strategy which is more effective in implementing the proper business functions, thus this is effective in attaining higher growth and success at market place. For better performance of the firm company should developing their marketing operations that are effective in developing appropriate brand image of the firm and affects the buying behaviour of customers. Company should also consider the changing choice and preference of their customers in respect to developing suitable products and services which are effective in satisfying the needs and wants of their potential buyers.
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Appendix Questionnaire Q1. Are you aware about the term branding and manner in which it is helpful to an organisation? a) Yes b) No Q2 What are the major factors that push an organisation to perform practices related to branding? a) Creating recognition b) Generating more revenue c) Enhancing customer base Q3 What kind of impact does branding have over the consumer purchasing behaviour? a) Positive b) Negative c) Neutral Q4 As per your view point, does branding supported Giorgio Armani to increasing its customer base? a) Yes b) No Q5What are the several benefits that Giorgio Armaniget through its branding strategy? a) Developed Credibility b) Increase customer loyalty c) Recalling customer Q6 According to you, what are the major factors of branding that attract a consumer to make purchases? a) Social status b) Positive experience c) Goodwill of brand Q7 In what manner the brand image creates loyalty among customers?
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a) Delivering promises b) Satisfying customer demand c) Creating value through offerings Q8 How branding of Giorgio Armani affects the buying behaviour of customers? a) Customised products b)Variation in products c) Brand loyalty Q9 What are basic branding strategies that businesses opt to strengthen customer base? a) Brand extension b) Brand Leveraging c) Private labels Q10 As per your view point, brand leverage is appropriate branding strategy for Armani to remain sustainable in marketplace? a) Yes b) No Q11 Why people buy products of Armani over other brand belongs to similar industry? a) High Quality offerings b) Compliment social status c) Goodwill Q12 Recommend the ways through which Armani can further enhance its brand image within market?