Samsung Mobile Consumer Behavior Study
Samsung Mobile Consumer Behavior Study
The study addresses consumer satisfaction by highlighting Samsung's success in making consumers happy through its innovative features, build quality, and strategies tailored to meet consumer preferences such as price, functionality, and specifications .
The competitive landscape is crucial for Samsung's mobile phone market strategy due to heavy competition in the cellular phone industry. To maintain its position, Samsung focuses on consumer perceptions, innovative features, build quality, and effective market strategies to enhance consumer satisfaction and preference .
The study's scope includes analyzing consumer buying behavior and distinguishing features of Samsung mobiles that influence consumer choices. The objectives include identifying consumer-influencing factors, understanding perceptions towards Samsung mobiles, and studying Samsung's strategies to improve consumer perception .
Secondary data provides a contextual framework and supports the understanding of concepts that primary data might not fully address. It complements primary data by offering historical insights and helping to verify and enrich the analysis of consumer behaviors and market strategies for Samsung mobiles .
The study used both primary and secondary data collection methods. Primary data was collected through questionnaires distributed among students, using random sampling. For data analysis, the study employed tools such as percentage analysis .
The study used random sampling to select respondents, which involved distributing questionnaires among students of CMS College of Science and Commerce in Coimbatore. This method was chosen to obtain a diverse representation of consumer views within the defined population .
Samsung has maintained its status as a top global brand by leveraging technological innovations, focusing on product differentiation, and cultivating a strong global presence. Its efforts to continuously improve features, build quality, and adapt to market demands have been pivotal in its success .
The primary factors influencing consumer preferences for Samsung mobiles as identified in the study are price, functions, specification, and country of origin .
The sample size of 60 respondents was crucial for ensuring a statistically significant representation of consumer behavior and preferences. It affects the reliability and generalizability of findings in understanding consumer perceptions and factors influencing Samsung mobile preferences .
Samsung was founded as a trading company in 1938 by Lee Byung-chul. Over the subsequent three decades, it diversified into food processing, textiles, insurance, securities, and retail. Since the 1990s, Samsung has become increasingly globalized, with mobile phones and semiconductors becoming its most important income sources .