Ashutosh Consumer Behaviour Assignment
Ashutosh Consumer Behaviour Assignment
Ashutosh Consumer Behaviour Assignment
Assignment – 2
Case Study Analysis
To understand how Indian core values influence Indian consumer behavior and
debate on the same in the light of Indian weddings 'cultural' professionalization
Modern weddings are a long way off when it comes to Indian core values of family
and self. Wedding expenses account for about a fifth to a sixth of an average Indian's
life savings. Even if underlying beliefs are questioned, wedding buying and party
spending continue unabated. The consumer's spending nature does not budge
regardless of the size of the budget. The urge for a destination wedding, with all the
associated festivities like Mehendi and Haldi and cocktail and bachelor parties, is
attempted to be accommodated, regardless of price constraints.
All but one value, the orientation to mythology, is defied by this extravagant
spending. We can see the simplicity in ancient times, despite all of the pomp and
ceremony surrounding wedding ceremonies. However, this does not deny the reality
that cultural trends are evolving and have a substantial impact on how the wedding
industry is developed. As a result of continued acculturation, new market
opportunities are expanding and changing patterns influence consumer behaviour
when it comes to wedding spending.
One of the reasons is that Bollywood is the driving factor behind the wedding
industry's diverse culture. The members of society are taught culture through a
common language and symbols that everyone knows. Because the human mind can
receive and understand symbolic communication, marketers can successfully offer
tangible and intangible things and product concepts to customers through mass
media. As a result of social media and other forms of mass media, people begin to
follow the desired new trend, and markets raise ordinary people's expectations. For
example The couple create a joint Instagram account for pre-wedding shoot photos
and wedding photos. The wedding planners have raised the stakes even higher.
Weddings have grown into a business ultimately generated by those who sell them;
they are no longer a family event.
Reference:
https://www.etcases.com/indian-weddings-cultural-canopies.html
https://www.nust.na/sites/default/files/documents/CAO712S_Schiffman_CB10e_IM
_11.pdf
https://en.wikipedia.org/wiki/Acculturation
Thank you