Consumer Attitude towards New and Improved Skincare Products: Comparative Analysis between India and Singapore
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TABLE OF CONTENTS
CHAPTER 4: DISSCUSION AND ANALYSIS1
Discussion1
Comparative Analysis: Consumer Attitude in India and Singapore1
Relationship between consumer attitude and new and improved skin care products7
Customer Preference: Quality and Emotional Attachment9
Consumer Purchasing Decisions9
Skin care Products and Trust Consideration of Consumers10
Analysis of Survey Questionnaire12
Sample Size12
The Survey12
Questionnaire Analysis14
Demographics: Sample Observation14
Question 01: New and Improved Skincare Products16
Question 02: High Quality17
Question 03: Television Advertising18
Question 04: Word Of Mouth19
Question 05: Cultural Influences20
Question 06: Brand and Quality21
Question 7: New and improved products and Consumer Attitude22
Question 08: Product Comparison23
Question 09: Quality of Online Products24
Question 10: Trust Consideration25
Hypothesis Assessment Summary27
CHAPTER 5: CONCLUSION31
REFERENCES37
LIST OF TABLES
Table 1: New and Improved Skincare Products16
Table 2: High Quality17
Table 3: Television Advertising18
Table 4: Word Of Mouth19
Table 5: Cultural Influences20
Table 6: Brand and Quality21
Table 7: New and improved products and Consumer Attitude22
Table 8: Product Comparison23
Table 9: Quality of Online Products24
Table 10: Trust Consideration25
Table 11: Descriptive Analysis26
Table 12: Acceptance rate27
LIST OF FIGURES
Figure 1: New and Improved Skincare Products16
Figure 2: High Quality17
Figure 3: Television Advertising18
Figure 4: Word of Mouth19
Figure 5: Cultural Influences20
Figure 6: Brand and Quality21
Figure 7: New and improved products and Consumer Attitude22
Figure 8: Product Comparison23
Figure 9: Quality of Online Products24
Figure 10: Trust Consideration25
Figure 11: Overall Acceptance28
CHAPTER 4: DISSCUSION AND ANALYSIS
Discussion
In this section, the researcher is focusing on to perform a comparative analysis to determine the attitude of consumers towards new and improved skin care products in India and Singapore
Comparative Analysis: Consumer Attitude in India and Singapore
Global skin care brands offered new and improved products on the basis of identified consumer attitude and upward trend in the purchase for new and improved products in India and Singapore in 2011. On the one hand, the conventional skin care brands have understood that organic skin care is not a fad but a new way of consuming and do not want to miss this market development in India and Singapore. On the other side, in front of a double-digit growth, if they want to continue to develop in India and the international skin care brands that are usually small structures, must find the money.
If there is a consumer, then consequently, there is also a requirement. In order to provide themselves with consumers, the firm should determine what are the need and wants of consumers and formulate ways to meet that need with great success. In skin care industry the processes, in which the firm selects its target segment and has been working consistently with this type of buyer, called targeted marketing (Anderson, 2007, p.9).
Research has shown that consumers perceive skin care brands to represent a good value. Skin care brands have leveraged this value perception to acquire considerable market share in skin care industry. Local brands do play a vital part in Indian skin care market as well supported by international brands. National brand do have a competitive advantage provides international brands with a potential strategic focus in the form of creating higher perceived brand image (Arena, 2009, p.13). Perceptions of higher brand quality of global brands may depend on the combined ...