VISUAL MERCHANDISING - Central Mall

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A Case from Central Mall of A Case from Central Mall of Ahmedabad India Ahmedabad India GROUP 4 THE IMPACT OF THE IMPACT OF VISUAL MERCHANDISING VISUAL MERCHANDISING ON ON IMPULSE BUYING BEHAVIOR IMPULSE BUYING BEHAVIOR OF CONSUMER OF CONSUMER

Transcript of VISUAL MERCHANDISING - Central Mall

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A Case from Central Mall of Ahmedabad A Case from Central Mall of Ahmedabad India India

GROUP 4

THE IMPACT OF THE IMPACT OF

VISUAL MERCHANDISINGVISUAL MERCHANDISING ON ON

IMPULSE BUYING BEHAVIOR IMPULSE BUYING BEHAVIOR OF CONSUMEROF CONSUMER

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INTRODUCTION

India As The ‘Second Most Attractive Retail Destination’ Globally Among

Thirty Emergent Markets

Retail Industry Contributes 10% Of The GDP And 8% Of The Employment

In November 2011, Government Of India Announced Reforms In Retail

Sector For Both Multi-brand Stores And Single-brand Stores

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CONTD.

Foreign Retail Chains Entering India Will Aggravate The Competition To

Different Level

India’s Organized Retail Had A 31% Share In Clothing And Apparel In 2011

Visual Merchandising Is The Only Effective Way Of Differentiating In Apparel

Industry.

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• Visual Merchandising is the activity of promoting the sale of goods,

especially by their presentation in retail outlets.

• Visual Merchandising is the art of displaying merchandise in a manner that

is appealing to the eyes of the customer.

• Types of Visual Merchandising

• Window display

• In-store form/mannequin display

• Floor merchandising and

• Promotional signage

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• Consumer Behavior Refers To The Behavior That Consumer Display In

Searching That They Expect Will Satisfy Their Needs.

• Consumer Behavior Is The Study Of How Individuals Make Decisions To

Spend Their Available Resources Like Time.

• Consumer Buying Behavior Is The Customer Playing The Three Distinct

Roles Of User, Payer And Buyer.

• The Common Assumption Is That A Consumer Is A Person Who Identifies

A Need Or Desire.

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ConsumerConsumer BehaviorBehavior

MOTIVATION

PERSONALITY

LEARNING

MOTIVES

ATTITUDE

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Impulse Buying Behaviour

• Impulse Buying Behaviour Is The Purchase That Is Made Without Much

Thinking. It Is Spontaneous, Intense, Exciting Urge To Buy

• Study On Impulse Buying Behaviour Suggest That It More Complex And

This Behaviour Is To Satisfy Multiple Needs That Underlie Many Types Of

Buying Behaviour

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IB Is Due To Internal Or External Stimuli

• Internal Cues Include Customer’s State Of Mind, Positive And Negative

Feeling.

• Environmental/Sensory Stimuli - Atmospheric Cues In Retail Settings,

Display Cues, Marketer-controlled Cues And Marketing Mix Stimuli

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About research

• The Survey Was Conducted In Central Mall Of Ahmedabad For Four Days

• Sample Size Was 84.

• Sampling Technique - Mall Intercept Method, Customer Who Walk Out

Of The Store Were Surveyed With The Help Of Structured Questionnaire.

• Sampling Procedure - Purposive Sampling.

• Visual Display, Window Display, In-store Form/Mannequin Display, Floor

Merchandising And Promotional Signage, Are Very Important Dimension

To Be Studied In Visual Merchandising.

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Brand:Brand: Central Mall Central Mall• Owned By: Future Group

• Design: Idiom Design & Consulting

• Design Brief: ‘Central Is Designed As A Playful Public Space, Where People Congregate, In

The Heart Of The Town. The Logo Is Based On A Simple Game — Rolling Ball Maze Game

— That Every Human Being Knows.

• The Beads Are People, Heading For The Centre Of Town And Playfully Enjoying

Themselves.

• Red Is A Simple Public Color. The Typography Is Based On Jigsaw Font. It Looks Modern

And Timeless.

• The Font Is Stencilized To Make It Look Fresh And Public.’

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Objectives

• To Measure The Effectiveness Of Store Display.

• To Understand The Effects Of Four Types Of Visual Merchandising.

• The Types Of Visual Merchandising Used As Predictors.

• To Know The Apparel Impulse Buying Behaviors.

• To Know Common External Factors That Triggers Impulse Buying

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Research Hypothesis

• H1. Consumer Who Purchase On Impulse Are Influenced By Window

Display

• H2. Consumer Who Purchase On Impulse Are Influenced By In-store

Form/Mannequin

• H3. Consumer Who Purchase On Impulse Are Influenced By Floor

Merchandising

• H4. Consumer Who Purchase On Impulse Are Influenced By Promotional

Signage

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Research Methodology• Research Design

Descriptive

• Data CollectionPrimary Data Secondary Data

•Questionnaire Section

Section 1 - Impulse Buying

Section 2 - Influence of Window display

Section 3 - Influence of In-store form/mannequin

Section 4 - Influence of Floor merchandising

Section 5 - Influence of Promotional signage

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Data Analysis Tools & Limitation Of Study

• SPSS – Statistical Packages for Social Science SPSS – Statistical Packages for Social Science

Descriptive AnalysisDescriptive Analysis

–LimitationLimitation

Geographically LimitedGeographically Limited

Participants were limitedParticipants were limited

The instrument was limited to a quantitative methodThe instrument was limited to a quantitative method

Participants had time constraintsParticipants had time constraints

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Analysis and Findings

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• Visual Merchandising Practices Certainly Influence Consumer’s Impulse Visual Merchandising Practices Certainly Influence Consumer’s Impulse

BuyingBuying

• Window Display Helps In Store ChoiceWindow Display Helps In Store Choice

• Capture The Customer’s InterestCapture The Customer’s Interest

• Entice Customers To Enter The StoreEntice Customers To Enter The Store

• Visually Create SalesVisually Create Sales

• Urge Customers To Make PurchasesUrge Customers To Make Purchases

• Promote The Store ImagePromote The Store Image

• Attract Attention To MerchandiseAttract Attention To Merchandise

• Educate Customers About MerchandiseEducate Customers About Merchandise

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Learning & Memory• VM raises the involvement of customers inside a store. Good lightning,

appropriate music at an appropriate volume and nice in-store display

provoke customers into spending more time inside the store. The more time

they spent translate into more opportunities to make impulse purchases.– 78% remember the store name which they like

– 78% remember the name of the store where the window display attracted them the most

– 63% for lighting

– 59% for store interior

– 44% for store display

– 63% for music

– 75% of people are regular visitors to specific stores

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Recommendation/SuggestionRecommendation/Suggestion• Take It OutsideTake It Outside

• Identify EverythingIdentify Everything

• Embrace All The SensesEmbrace All The Senses

• Show Them how It Will look at homeShow Them how It Will look at home

• Use the SpotlightUse the Spotlight

• Change Your Displays OftenChange Your Displays Often

• Don't Be Afraid of ColorDon't Be Afraid of Color

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THANK YOU THANK YOU