An Exploratory Analysis of Variables Shaping Consumer Decision-Making in the Purchase of Kitchen Appliances Within Shopping Mall Environments
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Published:2024-03-07
Issue:
Volume:
Page:148-168
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ISSN:2581-6012
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Container-title:International Journal of Management, Technology, and Social Sciences
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language:en
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Short-container-title:IJMTS
Affiliation:
1. Post Doctoral Research Scholar, Institute of Management and Commerce, Srinivas University, Mangaluru, India 2. Professor, Faculty, Institute of Management & Commerce, Srinivas University, Mangaluru, India
Abstract
Purpose: The purpose of this lecture is to conduct an in-depth exploratory analysis of the variables that significantly influence consumer decision-making when purchasing kitchen appliances within shopping mall environments. In this study, we aim to unravel the intricate web of factors that shape consumers' choices in this specific retail setting. Through a comprehensive examination of various variables such as product features, brand perception, pricing strategies, promotional activities, and the overall shopping mall environment, we seek to gain valuable insights into the complex decision-making processes of consumers. By understanding these variables, we aim to provide retailers, marketers, and manufacturers with actionable information to enhance their strategies, ultimately improving the overall consumer experience and increasing market competitiveness. Furthermore, this research aspires to contribute to the existing body of knowledge on consumer behaviour within retail contexts, shedding light on the dynamics unique to the purchase of kitchen appliances in shopping malls. The findings may not only benefit businesses operating in this sector but also serve as a foundation for future research and academic discussions surrounding consumer decision-making in diverse retail environments. Ultimately, the goal is to equip stakeholders with knowledge that can drive informed decision-making and foster a more consumer-centric approach in the marketing and retail landscape.
Design: This research adopted the conceptual research by using a descriptive research design. Secondary data has been collected and analyzed to find out the factors affecting the shopping malls. This research employs a mixed-methods approach to investigate the multifaceted factors influencing consumers' decision-making when purchasing kitchen appliances in shopping malls. Quantitative surveys will be administered to a diverse sample, examining demographics, product preferences, and shopping behaviors. Additionally, qualitative interviews with consumers and retail experts will provide in-depth insights into the subjective aspects of decision-making. The study aims to identify key variables, such as brand perception, price sensitivity, and product features, contributing to consumers' choices in the dynamic shopping mall environment. Findings will contribute to a comprehensive understanding of the intricate dynamics shaping consumer behavior in the kitchen appliances market within shopping malls.
Findings: The exploratory analysis of variables shaping consumer decision-making in the purchase of kitchen appliances within shopping malls has yielded several key findings. Firstly, product features emerged as a crucial determinant, with consumers placing high importance on functionality, energy efficiency, and innovative technologies. Brands that effectively communicate these features are likely to influence purchasing decisions positively. Secondly, the role of pricing strategies was evident, indicating that consumers are sensitive to both initial costs and long-term value. Promotional activities, such as discounts, bundle offers, and loyalty programs, were found to significantly impact consumer preferences and choices. Thirdly, the study identified the substantial influence of brand perception on consumer decision-making. Brands associated with reliability, durability, and positive customer experiences tended to attract more attention and trust from consumers. Moreover, the overall shopping mall environment played a pivotal role. Factors such as store layout, ambiance, and staff expertise influenced consumers' perceptions and preferences. Consumers often seek a seamless and enjoyable shopping experience, which can contribute to their decision-making process.
Originality/value: This study includes a detailed analysis of the Exploratory Analysis of Variables Shaping Consumer Decision-Making In The Purchase of Kitchen Appliances Within Shopping Mall Environments
Paper type: Conceptual Research
Publisher
Srinivas University
Reference41 articles.
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