Master Thesis Viva
Master Thesis Viva
Master Thesis Viva
Working title: Factors of brand in conjunction with personality and its impact on consumer
buying intention: Evidence from Alcohol Industry with special reference to Gender.
Introduction
The global alcohol consumption fell by 8% to 279.3 billion litres. According to the Statista
Consumer Market Outlook, consumption will begin to rise in 2021 and reach 322 billion litres
by 2025. Whisky accounted for more than 68 percent of the sales value of Indian-made foreign
liquor in India in fiscal year 2021. Furthermore, white spirits are expected to expand at a pace
of more than 9% in the country from fiscal year 2021 to 2025. Even though alcohol, such as
wine or fermented juice, is used for medicinal purposes in Ayurveda, it is a contentious and
frequently politically charged issue among Indians. Alcohol consumption trends differ across
the country due to diverse cultural variety and various regulations governing Indian states. The
Indian subcontinent's liquor market has seen significant upheaval as a result of the
creation of cheaply priced premium brands and changing customer behaviour, particularly
among the younger population. On the one hand, excessive alcohol intake can result in chronic
health issues, while on the other hand, alcohol sales are a major source of revenue for the
majority of Indian states. According to an August 2021 poll of internet users in top online
markets, 26 percent of respondents in Mexico believe celebrities, sports stars, and influencers
are efficient at advertising alcoholic beverages. China and the United States of America tied
for second place, with each receiving 24 percent of the vote. In comparison, 15% of Hong Kong
participants said alcohol influences were successful. Beer and wine were the most popular
alcoholic drinks among the majority of Indian customers, according to a poll on the most
approved alcoholic beverages performed in February 2022. By contrast, 10% of customers
favoured cider.
Review of Literature
Research Gap:
In most of the research papers there was no gender analysis which can help us understand that
It is insufficient to use half of the people, half of the ideas, or half of the energy. Gender analysis
into research is a crucial step toward producing more inclusive research findings. There is also
no emotional analysis which can indicate on how the moods can affect usage of alcohol.
Sentiment and emotion analysis allows organisations to monitor how their customers perceive
their offerings. This definitive book delves into how insights acquired from studying sentiment
and emotion may help to strengthen consumer connections and loyalty.
Research Design
Aim: To understand the consumer behaviour of alcohol drinkers to finds the right way to
market products for them.
Research Objective:
➢ AAU Model
Awareness, attitudes, and usage (AAU) studies enable marketers to quantify consumer
knowledge, perceptions, beliefs, intentions, and actions. The findings of these surveys are
referred to as "tracking" data in certain firms since they are used to follow long-term changes
in consumer knowledge, attitudes, and actions.
➢ Tri-Component Model
Many modern personality psychologists think that there are five basic aspects of personality,
which are sometimes referred to as the "Big 5" personality traits. Extraversion (sometimes
called extroversion), agreeableness, openness, conscientiousness, and neuroticism are the five
basic personality qualities.
Without taking a personality characteristics exam, understanding what each personality feature
is and what it means to score high or low in that attribute may provide insight into your own
personality. It can also help you understand people better depending on where they lie on the
continuum for each of the identified personality qualities.
Conceptual Framework
Consumer Behaviour
The factors that will be considered in this aspect would be the psychological factors Human
psychology is an important component that determines consumer behaviour. Among the key
psychological elements influencing consumer behaviour are:
• Motivation
• Perception
• Attitudes
Adding to this factor are the Social Factors as we are continuously attempting to imitate other
humans in order to fit in with our environment. As a result, social variables impact our
purchasing decisions:
• Family
• Social Surroundings
These considerations are crucial in steering the wheels of consumer behaviour. These are the
variables that marketers use to establish who their target clients are, whether they shop every
day or only sometimes, and whether they research what they want to buy or buy on a whim.
Psychographic Factors
• Gender
• Lifestyle
Emotional Factors
When faced with a decision, emotions from our past involving comparable situations impact
the options we examine. These emotions shape our preferences, which influence our decision.
Most essential, emotions motivate us to take action. Marketers have always attempted to
establish hypotheses about why people buy. They make the error of starting with the
product's features and advantages and then seeking for corresponding needs and motivations.
However, they should begin with the customer, which requires a grasp of how emotions
influence behaviour. Understanding the impact of human emotion on consumer decision
making is critical for any product's success. (Anne Stephenson)
Purchase Intention
Purchase intent, also known as buyer intent, is the degree to which consumers are willing and
inclined to purchase a product or service from you within a specific time frame. Purchase
intentions can be used to pilot a new distribution channel, assisting managers in determining
if the concept merits further development and determining which geographic regions and
customer categories to target through the channel (Morwitz et al., 2007). The purchase
intention of a customer relates to the consumer's attitude toward a certain purchasing activity
as well as the consumer's readiness to pay. This is, in essence, a signal of consumer
purchasing behaviour.
Tools to be used
The data will be collected using an interview method and the questions will be designed to
research the purchasing intentions of the target group. The questions will start with the
informed consent section. Following informed consent, the questions will record the subject's
Personal Profile or Sociodemographic Data Sheet; subsequent sections will be in the form of
5-point Likert Scale questions. The Personal Profile (PART-A) will be designed to collect
participants' sociodemographic information such as their age, gender, occupation, marital
status, family size, and annual income.
Statistical tools:
Following data collection, statistical analysis will be performed using NVivo which is a
qualitative and mixed-methods research software tool. It is specifically used to analyse
unstructured text, audio, video, and picture data, as well as interviews, focus groups, surveys,
social media, and journal articles.
Sample Design
The population of the study this are people residing in Bangalore above the age of 21 and below
the age of 35
Sample Frame
From the total population of Bangalore, people (Gen Z and Millennials) in the urban areas are
chosen as samples.
Sampling Method:
The sample chosen to serve a certain function. A representative of the target audience is chosen
for the study. The target demographic for this study is Bangalore residents. The sample picked
must serve the goal of persons who consume alcohol. As a result, the purpose sampling
approach will be employed to generate this sample.
Sample Size
As a 'qualitative, 5 people from the age group of 21-25 to target the Gen Z and 5 people from
the age group of 26 to 26, totalling 10 people.
Alternate Hypothesis
Themes
➢ Gender
➢ Personality
➢ Emotions
➢ Demographics