A Study On The Effect Of Customer Relationship Management System On Customer Satisfaction And Loyalty In The Industry

Authors

  • Shardul S. Jadhavar
  • Dr. Vijay Kulkarni

DOI:

https://doi.org/10.53555/sfs.v10i1.2279

Keywords:

Consumer Attitudes, Marketing Mix, Demographic Analysis, Income Disparities, Consumerism, Government Regulations

Abstract

This study explores consumer attitudes and beliefs towards marketing, consumerism, government regulations, and consumer responsibilities, with a focus on how these attitudes vary across different demographic factors, particularly income levels. The research employs a structured survey methodology to gather attitudinal data from a diverse sample of participants representing various marital, occupational, educational, age, and gender categories. Demographic analyses reveal a comprehensive snapshot of the surveyed population, laying the foundation for a nuanced understanding of consumer attitudes. The study delves into the mean scores and standard deviations associated with different attitudinal variables, uncovering patterns in consumer sentiments. Notably, an income-based comparison demonstrates significant variations in attitudes, with higher income levels correlating with more positive perceptions. The findings underscore the importance of tailoring marketing strategies and regulatory frameworks to diverse demographic segments. Businesses are recommended to implement segmented marketing approaches that consider income disparities, while policymakers should craft flexible regulations that accommodate the varying needs of different income groups. Furthermore, consumer education initiatives are proposed to bridge gaps in attitudes and empower consumers with informed decision-making. Continuous monitoring of consumer attitudes is emphasized, urging businesses and policymakers to stay attuned to evolving demographic trends. This study contributes to a deeper understanding of the intricate interplay between demographic factors and consumer attitudes, providing valuable insights for shaping effective marketing campaigns, policies, and consumer-centric initiatives in a dynamic marketplace.

 

Author Biographies

  • Shardul S. Jadhavar

    PhD Scholar, Ajeenkya D Y Patil University, Pune

  • Dr. Vijay Kulkarni

    Research Guide, Ajeenkya D Y Patil University, Pune

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Published

2023-01-10

Issue

Section

Articles