Consumer Buying Behavior Assessment for Australia's Mobile Plans
Executive Summary
The objectives of this research study are to study the buying attitudes of Cell phone users and to know and understand their preferences. To evaluate the responses of participants, their usage patterns and reasons or factors affecting the purchase decision are studied. For this purpose, responses are related to past theories available The learning outcomes of the research can be analysed as mainly dependent on motive to implement the action, consumer's ability of judgement to evaluate the consumption of services, decision mediators' role consumer life, predisposition or attitude towards specific service or company, environmental forces such as time and resources acting on him and the level of satisfaction post purchase of the pressure group.
Executive Summaryii
Introduction2
10 different mobile phone and plan options2
Participants, rankings, and explanations6
Participant 17
Participant 27
Participant 38
Analysis of responses9
How do these differences influence participants' rankings13
Recommendations14
Characteristics of likeliest customers14
How to attract these customers by applying the theories of learning and memory15
Conclusion16
References18
Consumer Buying Behavior Assessment for Australia's Mobile Plans
Introduction
The subscriber base of Australian mobile users is 19.89 million with a penetration rate of 97%. Despite relatively smaller customer base, it is very significant. Very little researches have been conducted regarding the specific behaviour users, their preferences and perception about the industry. Knowing the growth rates and data usage figures is not enough to gain insight about the industry. Knowing the customers' demand results in better understanding of Australian mobile phone users. It can help them in shaping the strategies to gain competitive advantage in the industry (Mackay & Weidlich 2007, pp. 28).
This paper aims to find out the consumer buying behavior for mobile phones and offered plans. Research is conducted through detailed interviews and then relating the data with the facts and evidences from past theories. The study is expected to produce valuable outcome for the mobile industry organizations (Siddiqui 2011, pp. 475).
10 different mobile phone and plan options
Plan 1: Vodafone Iphone 5 white, 16GB
4-inch Retina display
A6 chip
8-megapixel iSight camera with panorama
1080p HD video recording
Siri - Your intelligent assistant
iOS 6 - The world's most advanced mobile OS
1.5 GB Monthly Mobile Data
$700 Monthly Calls and SMS
Monthly Charges $66 per month over 24 months
Total Cost: $ 1584
Plan 2: Vodafone Nokia Lumia
Dimensions: 4.59 x 2.41 x 0.48
Weight: 142 grams
Screen Size: 3.7 inch
Screen Resolution: 800 x 480 pixels
Minimum monthly charge $50 over 24 months
Included Value $500
National calls to Vodafone & 3 phones Infinite
Included Data 1GB
Total min cost $1,200
Plan 3: Optus Pre-Paid Plan
GSM/ 3G Enabled
Minimum Monthly Charges $15 recharge
No data included
Contract Term: 1 month
Plan 4: Vodafone with Samsung Galaxy S II
Powered by AndroidTM
4.3" Super AMOLED Plus Screen
1.2Ghz Dual Core Processor
8MP Camera
16GB Memory
Monthly Charges: $7
Business Complete Plan: $35.
2 minute standard national call to mobiles = $2.15
Unlimited Standard National SMS
1MB of data (excess usage) = $0.50/MB
$200 Included Value1
200MB Mobile Internet included data2
Total cost: $1,008.00 over 24 months (Cancellation fees apply)