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International INTERNATIONAL Journal of Management JOURNAL (IJM), ISSN 0976 OF MANAGEMENT – 6502(Print), ISSN 0976 (IJM) 
- 6510(Online), 
Volume 5, Issue 10, October (2014), pp. 105-114 © IAEME 
ISSN 0976-6502 (Print) 
ISSN 0976-6510 (Online) 
Volume 5, Issue 10, October (2014), pp. 105-114 
© IAEME: http://www.iaeme.com/IJM.asp 
Journal Impact Factor (2014): 7.2230 (Calculated by GISI) 
www.jifactor.com 
IJM 
© I A E M E 
A STUDY ON BUYING BEHAVIOUR OF CUSTOMERS 
TOWARDS BRANDED AND NON-BRANDED GOLD 
JEWELLERY WITH REFERENCE TO 
KANYAKUMARI DISTRICT 
K. Asha 
Research Schloar, 
Noorul Islam University, 
Kumaracoil, Kanyakumari District, 
Thuckalay, Tamil Nadu, India 
Dr. S. Edmund Christopher 
Assistant Professor, 
Noorul Islam University, 
Kumaracoil, Kanyakumari District, 
Thuckalay, Tamil Nadu, India 
105 
ABSTRACT 
Gold is considered as a glamorous metal and as a symbol of status among people. In this 
study the research worker seeks to look into which factors that determinant the behaviour of 
consumers towards branded and non-branded jewellery products. The objective of the study is to get 
response about various factors affecting buying behaviour of jewellery products. Nowadays there 
seen larger brands witnessing an upward activity mainly due to factors such as increasing consumer 
false belief, decreasing investment compulsive purchases, fascinating retail channels and competition 
from other expensiveness products. The analyses showed that consumers are reasonably aware of 
the branded players who have forayed into the jewellery market and would like to purchase branded 
jewellery in the near future. 
Keywords: Customer Perception-Buying Behaviour-Branded Jewellery-Non Branded Jewellery- 
Brand Awareness- Brand Equity.
International Journal of Management (IJM), ISSN 0976 – 6502(Print), ISSN 0976 - 6510(Online), 
Volume 5, Issue 10, October (2014), pp. 105-114 © IAEME 
106 
1.1 INTRODUCTION 
Indian market is lavish with varied designs and offerings. Brand management holds the key 
in the contemporary markets, particularly in Indian markets because Indians are very traditional. 
Customers are now want worth for money as gold rates are heading north. Gold was just a safe 
investment for small-town people. They used to buy heavy jewellery during the marriage season. 
But now they also look for genuine, trendy and designer jewellery. This is evident in their offerings, 
collection and merchandising campaigns. The Indian Jewellery market is undergoing a gradual 
change from Traditional to Branded formats. Consumers are more quality conscious than ever 
before. One of the largest user sectors in the country is the jewellery market, than 
telecommunication and possibly second only to the foods sector. 
1.2 STATEMENT OF THE PROBLEM 
In the market there are largely fragmented and unbranded jewellery shops. In spite of 
product quality and services, people are still buying gold jewels form local retailers. The income level 
of the buyers has important contact on the type of jewellery purchased by them. The choice of jeweler has 
significant relation with the geographical site of buyer. The knowledge about the branded jewelers is 
due to the advertisements floating on air or there are other sources of information also. 
1.3 OBJECTIVES OF THE STUDY 
1. To identify the buying motivation and concerned factors while consuming gold jewellery in 
Kanyakumari District. 
2. To compare the consumer preference towards the characteristics of branded and Non-branded 
gold jewellery in Kanyakumari District. 
3. To analyze the impact of advertisement while purchasing gold jewells in Kanyakumari 
District. 
4. To understand the level of customer satisfaction regarding various factors provided by 
branded jewellers in Kanyakumari District. 
1.4 RESEARCH METHODOLOGY 
This research will accomplish chiefly through quantitative approach that is based on the 
survey through questionnaire. As well as qualitative studies like secondary information are also 
considered and taken into account. 
As the population is large, the researcher has selected a total sample of 350 respondents from 
the population. For selecting the sample, the researcher has adopted Stratified Random Sampling 
method by considering the Kanyakumari District as universe and the Thaluks such as Vilavancode, 
Kalkulam, Agasteeswaram, and Thovalai as Sampling Units. 
1.5 ANALYSIS AND INTERPRETATIONS 
1.5.1 Motivational Factors to Purchase Gold Jewellery 
Motivational factors are the drivers of human behavior related to the basic nature of their 
buying behavior towards purchasing gold Jewelley, but not necessarily to the surrounding 
circumstances or environment. Friedman Rank test is used to find out the Motivational factors for 
purchasing gold jewelley
International Journal of Management (IJM), ISSN 0976 – 6502(Print), ISSN 0976 - 6510(Online), 
Volume 5, Issue 10, October (2014), pp. 105-114 © IAEME 
Table No. 1.1: 
TABLE SHOWING THE MEAN RANK FOR THE MOTIVATIONAL FACTORS TO 
PURCHASE GOLD JEWELLERY IN KANYAKUMARI DISTRICT 
107 
Motivation Factors for 
Purchasing 
Source: Primary Data 
The results of this test suggest that there is significant difference in the motivation for 
purchasing gold jewellery. This is indicated by a Significance level of .000. Comparing the ranks 
for the motivation factors for purchasing gold jewellery, Marriage in family ranks first and for own 
use in house hold scores second rank. 
1.5.2 Opinion Regarding Consumer Preference between the Branded and Non-Branded 
Jewellers 
The individual consumer has a set of preferences and values whose determinations are outside the 
realm of economics. They are no doubt dependent upon culture, education, and individual tastes, 
among a plethora of other factors. 
Table No. 1.2: 
TABLE SHOWING THE ANOVA VALUE FOR THE CONSUMER PREFERENCE BETWEEN 
BRANDED AND NON-BRANDED JEWELLERS IN KANYAKUMARI DISTRICT 
Consumer Preference 
Sum of 
Squares 
df 
Mean 
Square 
F Sig. 
Traditional 
Between Groups 154.954 4 38.739 3.153 .014 
Within Groups 4239.186 345 12.287 
Total 4394.140 349 
Branded 
Between Groups 198.453 4 49.613 3.329 .011 
Within Groups 5141.916 345 14.904 
Total 5340.369 349 
Source: Primary Data 
Mean Rank Rank 2 Value P Value 
For Own Use in House Hold 4.05 2 
422.493 .000 
Investment Purpose 5.34 5 
Marriage In Family 3.43 1 
Gifts to Friends 4.60 4 
Traditional Value 5.54 6 
Status Symbol 5.70 8 
For Kids 4.24 3 
Safeguard Family 5.55 7 
Religious Significance 6.51 9
International Journal of Management (IJM), ISSN 0976 – 6502(Print), ISSN 0976 - 6510(Online), 
Volume 5, Issue 10, October (2014), pp. 105-114 © IAEME 
The above table 1.2 shows the calculated ‘F’ values of consumer preference between branded 
and traditional Jewellers are 3.153, and 3.329 which are significant at the ‘p’ value of 0.014, and 
0.011 respectively. Since the respective ‘p’ values of consumer preference between branded and 
traditional jewellers are less than 0.05 the null hypothesis is rejected. It shows that educational 
qualification wise there is significant difference in consumer preference between branded and non 
branded jewellers 
1.5.3 Reasons for Not Buying From Branded Jewellers 
Generic products that resemble goods produced by brand-name manufacturers, distributors 
and retail establishments. Market perception typically places a lower value on these goods, and the 
quality and durability is often lower than branded products. 
Table No. 1.3: 
TABLE SHOWING THE FRIEDMAN RANK TOWARDS THE REASONS FOR NOT BUYING 
THE BRANDED JEWELLERS IN KANYAKUMARI DISTRICT 
Mean 
Rank 
108 
Reasons 
Source: Primary Data 
The results of this test suggest that there is significant difference in the reasons for not buying 
from branded jewellers. This is indicated by a Significance level of .000. Comparing the ranks for 
the nine sets of scores, Lack of Awareness about existing brands ranks first and Added taxes scores 
second rank. 
1.5.4 Mode of Advertisements to Create Awareness towards Brands 
Advertising is mass media content intended to persuade audiences of readers, viewers or 
listeners to take action on products, services and ideas. 
Rank 2 Value P Value 
Lack of Awareness about existing 
Brands 
4.18 1 
101.528 .000 
Lack of Awareness about the 
Benefits of Branded Jewellery 
4.75 3 
Hesitation to Switch from age-old 
Jewelers 
4.89 5 
Added Taxes 4.74 2 
People do not have White Money 5.74 9 
Non availability of Preferred Designs 5.25 7 
Better Payment terms of local 
5.17 6 
Jewelers 
Perceived High making Charges of 
Branded Jewellery 
4.79 4 
Non replacement term of Branded 
Outlet 
5.49 8
International Journal of Management (IJM), ISSN 0976 – 6502(Print), ISSN 0976 - 6510(Online), 
Volume 5, Issue 10, October (2014), pp. 105-114 © IAEME 
Table No. 1.4: 
TABLE SHOWING THE MEAN RANK FOR THE MODE OF ADVERTISEMENT TO CREATE 
AWARENESS TOWARDS BRANDS IN KANYAKUMARI DISTRICT 
109 
Mode of 
Advertisements 
Mean Rank Rank 2 Value P Value 
Banner 5.37 5 
347.225 .000 
Magazines 3.99 2 
Posters 4.92 4 
Television 3.38 1 
Websites 5.39 6 
Newspaper 4.79 3 
Radio 5.77 8 
Theaters 6.00 9 
POS 5.40 7 
Source: Primary Data 
The results of this test suggest that there are significant differences in the Mode of 
Advertisement to Create Awareness towards Brands. This is indicated by a Significance level of 
.000. Comparing the ranks for the sets of scores, Television plays a main role in advertisement to 
create awareness towards the brands and its ranks first and Radios becomes the outdated mode of 
advertisement theaters scores the last rank in the mode of advertisement to create awareness. 
1.5.5 Satisfaction of the respondents regarding various factors provided by the branded 
jewellers 
Customer level of approval when comparing a product's perceived performance with his or 
her expectations. Also could refer to discharge, extinguishment, or retirement of an obligation to the 
acceptance of the obligor, or fulfillment of a claim. While satisfaction is sometimes equated with 
performance, it implies compensation or substitution whereas performance denotes doing what was 
actually promised. 
Table No. 1.5: 
TABLE SHOWING THE LEVEL OF SATISFACTION OF THE RESPONDENTS REGARDING 
VARIOUS FACTORS PROVIDED BY THE BRANDED JEWELLERS BASED ON GENDER 
Factors U-value Z-value 
p-value 
Mean rank 
Male Female 
Service 8562.500 -.034 .973 175.13 175.58 
Quality 8112.500 -.755 .450 183.50 173.88 
Price 8166.500 -.640 .522 182.58 174.06 
Product Features 7834.500 -1.131 .258 188.21 172.92 
Wide Product Range 8155.000 -.636 .524 168.22 176.98 
Purity 8113.500 -.733 .464 183.48 173.88 
Trendy Designs 7780.500 -1.206 .228 189.13 172.74 
Source: Primary Data
International Journal of Management (IJM), ISSN 0976 – 6502(Print), ISSN 0976 - 6510(Online), 
Volume 5, Issue 10, October (2014), pp. 105-114 © IAEME 
The null hypothesis (H0) is accepted at the 5% level of significance with regard to the level of 
satisfaction in brand name, quality, price, product features, wide product range and purity due to the 
p value is more than 0.05. It shows that Gender wise there is no significant difference in level of 
satisfaction in brand name, quality, price, product features, wide product range and purity 
110 
1.6 FINDINGS OF THE STUDY 
1. Majority of the people buy gold jewellery for the marriages in their family. It is a traditional 
attitude among the people who were belongs to Kanyakumari district. And gold jewels have 
different connotations attached to it. It is a habit, ornament, companion of the difficult times, 
way to prosperity and carrier of value. 
2. From the study it is evident that most of the people preferred to buy gold jewellery on the 
occasion of Wedding Ceremony, Baby Birth and Festivals with traditional belief, where 
customers opt for heavier items and the purchase is infrequent. New-fangled reasons have 
emerged where small and frequent purchases are made such as financial gain, birthdays and 
anniversaries in Kanyakumari District. 
3. It is understood from the study that the respondents are highly satisfied with the good will 
factors of the branded jewellery such as wide product range, finishing and designs etc. 
Promotional factors are also makes the respondents to buy from branded jewellers such as shop 
appearance, discounts on special occasions, advertisements etc. Purity factor of the branded 
jewellery makes the people to buy from branded jewellery. 
4. Television plays a main role in advertisement to create awareness towards the brands and its 
ranks first and Radios becomes the outdated mode of advertisement theaters scores the last 
rank in the mode of advertisement to create awareness. Television plays a main role in the 
mode of advertisement towards brands. This show majority of the respondents are attracted by 
the audio visual advertisements. Radio becomes the outdated mode of advertisements. 
5. Gender wise that there is no significant difference in level of satisfaction in brand name, 
quality, price, product features, wide product range and purity. Majority of the male and female 
respondents are satisfied with the overall performance of the branded outlets. They are satisfied 
with the service, price, design and wide product range provided by branded outlet. 
1.7 SUGGESTIONS OF THE STUDY 
1. Offers and Discounts 
At the time of some special occasions such as Marriage days and other festival season, the 
respondents wanted more offers. They are of the opinion that more exchange offers will enhance the 
sale of jewellery. The offer and discounts can also be provided in the traditional jewellery shops to 
get more customers towards them. 
2. Reduction in Wastage and Making Charges 
Majority of the respondents feel that the wastage charges must not be levied. This is because 
they are of the attitude that when making jewellery the wastage is again being utilised by the 
jewellers themselves. When the usage is with them, why to pull together the charges from the 
customers is the question raised by them. Also they convey that a large amount is being taken for 
making charges from the branded jewellery shops and this must be reduced to gain the customer 
loyalty.
International Journal of Management (IJM), ISSN 0976 – 6502(Print), ISSN 0976 - 6510(Online), 
Volume 5, Issue 10, October (2014), pp. 105-114 © IAEME 
111 
3. Good Customer Service 
Most of the respondents expect good customer service from the jewellery shops. They feel 
that their thoughts and ideas must be given importance at the time of purchase. Hence the Traditional 
jewellery shops can improve their service by providing adequate information to their customers 
relating to their purchase. Giving immediate attention by receiving them quickly, recognize the need 
of the particular product and helping them to choose the correct one makes the Branded jewellery 
becomes more preferable by the customers. 
4. Improvement in Purity and Quality of Gold 
It is found from the study that most of the respondents are more conscious in the quality of 
gold. Purity and Quality of gold is an important factor influencing the purchase of the customers 
which make them to compare the gold purity between one shop and another. Since the quality has a 
direct influence on buying behaviour the jewellery retailers can improve the quality by reducing the 
other metals which are mixed with gold. 
5. New and Trendy Designs 
Due to increase in the usage of fashion jewellery which is in mind - driving designs, 
respondents are in need of such new and trendy designs in gold jewellery too. Though nowadays 
light weighted gold jewellery comes in eye-catching designs, still more new varieties are expected by 
the buyers. Hence the traditional jewellers can also use to sell fashion and light weighted gold 
jewellery to attract more customers and reduce the competitions. 
6. Hallmarking Jewellery 
Large number of respondents has conveyed that they get full satisfaction with BIS mark 
jewellery. But most of the respondents are not aware about the components of hallmarking. Along 
with the Bureau of Indian standard the jewelleries have to create awareness towards hallmarking 
components. 
7. Techniques of Marketing 
The respondents are of the opinion that the advertisements for jewellery must be more 
innovative, effective and informative. They feel that jewelleries are given much more importance in 
audio visual media. They said that jewellery advertisements must provide to the need of all types of 
people in the society. 
8. Branded Shops 
In Kanyakumari District there is large number of customers who are buying gold jewellery. 
In the District there are only two national brands available in the jewellery market. There is a market 
for National brands like Kalyan, Thanisq, Joy alukkas, Malabar Gold etc., to makes the customers to 
choose from more alternatives. 
1.8 CONCLUSION 
The benefits of buying gold jewellery are many in number. Gold has resale value and this 
creates gold of great benefit and of great asset value to buy. Gold is leading on the list of investments 
and value. In the maximum parts of the world, gold holds a very imperative value in several cultures 
since it is a symbol of achievement, power and wealth. In India, gold tends to have religious as well 
as cultural significance. This is one of the numerous reasons, which makes gold jewellery a gentle of 
art in India. Based on the above, customer's approach and behaviour on jewellery purchase in 
Kanyakumari District have played a significant role.
International Journal of Management (IJM), ISSN 0976 – 6502(Print), ISSN 0976 - 6510(Online), 
Volume 5, Issue 10, October (2014), pp. 105-114 © IAEME 
112 
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A study on buying behaviour of customers towards branded and non branded gold jewellery with reference to kanyakumari

  • 1. International INTERNATIONAL Journal of Management JOURNAL (IJM), ISSN 0976 OF MANAGEMENT – 6502(Print), ISSN 0976 (IJM) - 6510(Online), Volume 5, Issue 10, October (2014), pp. 105-114 © IAEME ISSN 0976-6502 (Print) ISSN 0976-6510 (Online) Volume 5, Issue 10, October (2014), pp. 105-114 © IAEME: http://www.iaeme.com/IJM.asp Journal Impact Factor (2014): 7.2230 (Calculated by GISI) www.jifactor.com IJM © I A E M E A STUDY ON BUYING BEHAVIOUR OF CUSTOMERS TOWARDS BRANDED AND NON-BRANDED GOLD JEWELLERY WITH REFERENCE TO KANYAKUMARI DISTRICT K. Asha Research Schloar, Noorul Islam University, Kumaracoil, Kanyakumari District, Thuckalay, Tamil Nadu, India Dr. S. Edmund Christopher Assistant Professor, Noorul Islam University, Kumaracoil, Kanyakumari District, Thuckalay, Tamil Nadu, India 105 ABSTRACT Gold is considered as a glamorous metal and as a symbol of status among people. In this study the research worker seeks to look into which factors that determinant the behaviour of consumers towards branded and non-branded jewellery products. The objective of the study is to get response about various factors affecting buying behaviour of jewellery products. Nowadays there seen larger brands witnessing an upward activity mainly due to factors such as increasing consumer false belief, decreasing investment compulsive purchases, fascinating retail channels and competition from other expensiveness products. The analyses showed that consumers are reasonably aware of the branded players who have forayed into the jewellery market and would like to purchase branded jewellery in the near future. Keywords: Customer Perception-Buying Behaviour-Branded Jewellery-Non Branded Jewellery- Brand Awareness- Brand Equity.
  • 2. International Journal of Management (IJM), ISSN 0976 – 6502(Print), ISSN 0976 - 6510(Online), Volume 5, Issue 10, October (2014), pp. 105-114 © IAEME 106 1.1 INTRODUCTION Indian market is lavish with varied designs and offerings. Brand management holds the key in the contemporary markets, particularly in Indian markets because Indians are very traditional. Customers are now want worth for money as gold rates are heading north. Gold was just a safe investment for small-town people. They used to buy heavy jewellery during the marriage season. But now they also look for genuine, trendy and designer jewellery. This is evident in their offerings, collection and merchandising campaigns. The Indian Jewellery market is undergoing a gradual change from Traditional to Branded formats. Consumers are more quality conscious than ever before. One of the largest user sectors in the country is the jewellery market, than telecommunication and possibly second only to the foods sector. 1.2 STATEMENT OF THE PROBLEM In the market there are largely fragmented and unbranded jewellery shops. In spite of product quality and services, people are still buying gold jewels form local retailers. The income level of the buyers has important contact on the type of jewellery purchased by them. The choice of jeweler has significant relation with the geographical site of buyer. The knowledge about the branded jewelers is due to the advertisements floating on air or there are other sources of information also. 1.3 OBJECTIVES OF THE STUDY 1. To identify the buying motivation and concerned factors while consuming gold jewellery in Kanyakumari District. 2. To compare the consumer preference towards the characteristics of branded and Non-branded gold jewellery in Kanyakumari District. 3. To analyze the impact of advertisement while purchasing gold jewells in Kanyakumari District. 4. To understand the level of customer satisfaction regarding various factors provided by branded jewellers in Kanyakumari District. 1.4 RESEARCH METHODOLOGY This research will accomplish chiefly through quantitative approach that is based on the survey through questionnaire. As well as qualitative studies like secondary information are also considered and taken into account. As the population is large, the researcher has selected a total sample of 350 respondents from the population. For selecting the sample, the researcher has adopted Stratified Random Sampling method by considering the Kanyakumari District as universe and the Thaluks such as Vilavancode, Kalkulam, Agasteeswaram, and Thovalai as Sampling Units. 1.5 ANALYSIS AND INTERPRETATIONS 1.5.1 Motivational Factors to Purchase Gold Jewellery Motivational factors are the drivers of human behavior related to the basic nature of their buying behavior towards purchasing gold Jewelley, but not necessarily to the surrounding circumstances or environment. Friedman Rank test is used to find out the Motivational factors for purchasing gold jewelley
  • 3. International Journal of Management (IJM), ISSN 0976 – 6502(Print), ISSN 0976 - 6510(Online), Volume 5, Issue 10, October (2014), pp. 105-114 © IAEME Table No. 1.1: TABLE SHOWING THE MEAN RANK FOR THE MOTIVATIONAL FACTORS TO PURCHASE GOLD JEWELLERY IN KANYAKUMARI DISTRICT 107 Motivation Factors for Purchasing Source: Primary Data The results of this test suggest that there is significant difference in the motivation for purchasing gold jewellery. This is indicated by a Significance level of .000. Comparing the ranks for the motivation factors for purchasing gold jewellery, Marriage in family ranks first and for own use in house hold scores second rank. 1.5.2 Opinion Regarding Consumer Preference between the Branded and Non-Branded Jewellers The individual consumer has a set of preferences and values whose determinations are outside the realm of economics. They are no doubt dependent upon culture, education, and individual tastes, among a plethora of other factors. Table No. 1.2: TABLE SHOWING THE ANOVA VALUE FOR THE CONSUMER PREFERENCE BETWEEN BRANDED AND NON-BRANDED JEWELLERS IN KANYAKUMARI DISTRICT Consumer Preference Sum of Squares df Mean Square F Sig. Traditional Between Groups 154.954 4 38.739 3.153 .014 Within Groups 4239.186 345 12.287 Total 4394.140 349 Branded Between Groups 198.453 4 49.613 3.329 .011 Within Groups 5141.916 345 14.904 Total 5340.369 349 Source: Primary Data Mean Rank Rank 2 Value P Value For Own Use in House Hold 4.05 2 422.493 .000 Investment Purpose 5.34 5 Marriage In Family 3.43 1 Gifts to Friends 4.60 4 Traditional Value 5.54 6 Status Symbol 5.70 8 For Kids 4.24 3 Safeguard Family 5.55 7 Religious Significance 6.51 9
  • 4. International Journal of Management (IJM), ISSN 0976 – 6502(Print), ISSN 0976 - 6510(Online), Volume 5, Issue 10, October (2014), pp. 105-114 © IAEME The above table 1.2 shows the calculated ‘F’ values of consumer preference between branded and traditional Jewellers are 3.153, and 3.329 which are significant at the ‘p’ value of 0.014, and 0.011 respectively. Since the respective ‘p’ values of consumer preference between branded and traditional jewellers are less than 0.05 the null hypothesis is rejected. It shows that educational qualification wise there is significant difference in consumer preference between branded and non branded jewellers 1.5.3 Reasons for Not Buying From Branded Jewellers Generic products that resemble goods produced by brand-name manufacturers, distributors and retail establishments. Market perception typically places a lower value on these goods, and the quality and durability is often lower than branded products. Table No. 1.3: TABLE SHOWING THE FRIEDMAN RANK TOWARDS THE REASONS FOR NOT BUYING THE BRANDED JEWELLERS IN KANYAKUMARI DISTRICT Mean Rank 108 Reasons Source: Primary Data The results of this test suggest that there is significant difference in the reasons for not buying from branded jewellers. This is indicated by a Significance level of .000. Comparing the ranks for the nine sets of scores, Lack of Awareness about existing brands ranks first and Added taxes scores second rank. 1.5.4 Mode of Advertisements to Create Awareness towards Brands Advertising is mass media content intended to persuade audiences of readers, viewers or listeners to take action on products, services and ideas. Rank 2 Value P Value Lack of Awareness about existing Brands 4.18 1 101.528 .000 Lack of Awareness about the Benefits of Branded Jewellery 4.75 3 Hesitation to Switch from age-old Jewelers 4.89 5 Added Taxes 4.74 2 People do not have White Money 5.74 9 Non availability of Preferred Designs 5.25 7 Better Payment terms of local 5.17 6 Jewelers Perceived High making Charges of Branded Jewellery 4.79 4 Non replacement term of Branded Outlet 5.49 8
  • 5. International Journal of Management (IJM), ISSN 0976 – 6502(Print), ISSN 0976 - 6510(Online), Volume 5, Issue 10, October (2014), pp. 105-114 © IAEME Table No. 1.4: TABLE SHOWING THE MEAN RANK FOR THE MODE OF ADVERTISEMENT TO CREATE AWARENESS TOWARDS BRANDS IN KANYAKUMARI DISTRICT 109 Mode of Advertisements Mean Rank Rank 2 Value P Value Banner 5.37 5 347.225 .000 Magazines 3.99 2 Posters 4.92 4 Television 3.38 1 Websites 5.39 6 Newspaper 4.79 3 Radio 5.77 8 Theaters 6.00 9 POS 5.40 7 Source: Primary Data The results of this test suggest that there are significant differences in the Mode of Advertisement to Create Awareness towards Brands. This is indicated by a Significance level of .000. Comparing the ranks for the sets of scores, Television plays a main role in advertisement to create awareness towards the brands and its ranks first and Radios becomes the outdated mode of advertisement theaters scores the last rank in the mode of advertisement to create awareness. 1.5.5 Satisfaction of the respondents regarding various factors provided by the branded jewellers Customer level of approval when comparing a product's perceived performance with his or her expectations. Also could refer to discharge, extinguishment, or retirement of an obligation to the acceptance of the obligor, or fulfillment of a claim. While satisfaction is sometimes equated with performance, it implies compensation or substitution whereas performance denotes doing what was actually promised. Table No. 1.5: TABLE SHOWING THE LEVEL OF SATISFACTION OF THE RESPONDENTS REGARDING VARIOUS FACTORS PROVIDED BY THE BRANDED JEWELLERS BASED ON GENDER Factors U-value Z-value p-value Mean rank Male Female Service 8562.500 -.034 .973 175.13 175.58 Quality 8112.500 -.755 .450 183.50 173.88 Price 8166.500 -.640 .522 182.58 174.06 Product Features 7834.500 -1.131 .258 188.21 172.92 Wide Product Range 8155.000 -.636 .524 168.22 176.98 Purity 8113.500 -.733 .464 183.48 173.88 Trendy Designs 7780.500 -1.206 .228 189.13 172.74 Source: Primary Data
  • 6. International Journal of Management (IJM), ISSN 0976 – 6502(Print), ISSN 0976 - 6510(Online), Volume 5, Issue 10, October (2014), pp. 105-114 © IAEME The null hypothesis (H0) is accepted at the 5% level of significance with regard to the level of satisfaction in brand name, quality, price, product features, wide product range and purity due to the p value is more than 0.05. It shows that Gender wise there is no significant difference in level of satisfaction in brand name, quality, price, product features, wide product range and purity 110 1.6 FINDINGS OF THE STUDY 1. Majority of the people buy gold jewellery for the marriages in their family. It is a traditional attitude among the people who were belongs to Kanyakumari district. And gold jewels have different connotations attached to it. It is a habit, ornament, companion of the difficult times, way to prosperity and carrier of value. 2. From the study it is evident that most of the people preferred to buy gold jewellery on the occasion of Wedding Ceremony, Baby Birth and Festivals with traditional belief, where customers opt for heavier items and the purchase is infrequent. New-fangled reasons have emerged where small and frequent purchases are made such as financial gain, birthdays and anniversaries in Kanyakumari District. 3. It is understood from the study that the respondents are highly satisfied with the good will factors of the branded jewellery such as wide product range, finishing and designs etc. Promotional factors are also makes the respondents to buy from branded jewellers such as shop appearance, discounts on special occasions, advertisements etc. Purity factor of the branded jewellery makes the people to buy from branded jewellery. 4. Television plays a main role in advertisement to create awareness towards the brands and its ranks first and Radios becomes the outdated mode of advertisement theaters scores the last rank in the mode of advertisement to create awareness. Television plays a main role in the mode of advertisement towards brands. This show majority of the respondents are attracted by the audio visual advertisements. Radio becomes the outdated mode of advertisements. 5. Gender wise that there is no significant difference in level of satisfaction in brand name, quality, price, product features, wide product range and purity. Majority of the male and female respondents are satisfied with the overall performance of the branded outlets. They are satisfied with the service, price, design and wide product range provided by branded outlet. 1.7 SUGGESTIONS OF THE STUDY 1. Offers and Discounts At the time of some special occasions such as Marriage days and other festival season, the respondents wanted more offers. They are of the opinion that more exchange offers will enhance the sale of jewellery. The offer and discounts can also be provided in the traditional jewellery shops to get more customers towards them. 2. Reduction in Wastage and Making Charges Majority of the respondents feel that the wastage charges must not be levied. This is because they are of the attitude that when making jewellery the wastage is again being utilised by the jewellers themselves. When the usage is with them, why to pull together the charges from the customers is the question raised by them. Also they convey that a large amount is being taken for making charges from the branded jewellery shops and this must be reduced to gain the customer loyalty.
  • 7. International Journal of Management (IJM), ISSN 0976 – 6502(Print), ISSN 0976 - 6510(Online), Volume 5, Issue 10, October (2014), pp. 105-114 © IAEME 111 3. Good Customer Service Most of the respondents expect good customer service from the jewellery shops. They feel that their thoughts and ideas must be given importance at the time of purchase. Hence the Traditional jewellery shops can improve their service by providing adequate information to their customers relating to their purchase. Giving immediate attention by receiving them quickly, recognize the need of the particular product and helping them to choose the correct one makes the Branded jewellery becomes more preferable by the customers. 4. Improvement in Purity and Quality of Gold It is found from the study that most of the respondents are more conscious in the quality of gold. Purity and Quality of gold is an important factor influencing the purchase of the customers which make them to compare the gold purity between one shop and another. Since the quality has a direct influence on buying behaviour the jewellery retailers can improve the quality by reducing the other metals which are mixed with gold. 5. New and Trendy Designs Due to increase in the usage of fashion jewellery which is in mind - driving designs, respondents are in need of such new and trendy designs in gold jewellery too. Though nowadays light weighted gold jewellery comes in eye-catching designs, still more new varieties are expected by the buyers. Hence the traditional jewellers can also use to sell fashion and light weighted gold jewellery to attract more customers and reduce the competitions. 6. Hallmarking Jewellery Large number of respondents has conveyed that they get full satisfaction with BIS mark jewellery. But most of the respondents are not aware about the components of hallmarking. Along with the Bureau of Indian standard the jewelleries have to create awareness towards hallmarking components. 7. Techniques of Marketing The respondents are of the opinion that the advertisements for jewellery must be more innovative, effective and informative. They feel that jewelleries are given much more importance in audio visual media. They said that jewellery advertisements must provide to the need of all types of people in the society. 8. Branded Shops In Kanyakumari District there is large number of customers who are buying gold jewellery. In the District there are only two national brands available in the jewellery market. There is a market for National brands like Kalyan, Thanisq, Joy alukkas, Malabar Gold etc., to makes the customers to choose from more alternatives. 1.8 CONCLUSION The benefits of buying gold jewellery are many in number. Gold has resale value and this creates gold of great benefit and of great asset value to buy. Gold is leading on the list of investments and value. In the maximum parts of the world, gold holds a very imperative value in several cultures since it is a symbol of achievement, power and wealth. In India, gold tends to have religious as well as cultural significance. This is one of the numerous reasons, which makes gold jewellery a gentle of art in India. Based on the above, customer's approach and behaviour on jewellery purchase in Kanyakumari District have played a significant role.
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