MR rituparna jana

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    Market Research

    Assignment

    Submitted By

    Ritupaarna Jana

    Roll no 247, batch- 2010-2012

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    Q. Club X wants to target the BPO/KPO workers and aims to understand

    their spending pattern specifically as well as their daily/weekend

    activities, lifestyle and views on leisure to develop a clubbing concept that

    fits their lifestyle

    Design a questionnaire that captures their lifestyle, activities, opinion

    about leisure and relaxation. Also, make a map of their spending habits to

    identify which of these cost heads can be targeted by Club X.

    ::Background::

    The background of the research is to obtain the data on the daily/weekend activities,

    leisure time activities, lifestyle, spending attributions of BPO/KPO employees. The purpose

    is to develop a concept regarding the above listed attributes for a Club as they want to

    target them on their habits.

    ::Research::

    The tremendous growth of the BPO sector over the past few years has resulted in

    considerable changes in the lives of its workforce. While few studies have explored these

    issues, limited information available from surveys and anecdotal evidence suggests that the

    BPO sector has had both positive and negative effects on the lives of BPO workers. Notably,

    unlike many other industries, the BPO sector provides opportunities for employment at a

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    young age, high disposable incomes and quick promotional avenues. As a result, BPO

    professionals in the sector are reaching their career goals and financial targets much

    earlier than before. And their spending pattern has considerable distinctive characteristics.

    BPO Workers No. of questionnaire

    distributed to the

    team leaders

    Response rate

    men 100 78%

    women 100 86%

    Total 200

    Profile of respondents men Women

    Age Group

    22-28yrs

    29-35yrs

    36-42yrs

    13%

    76%

    11%

    11%

    82%

    7%

    Economic stability

    Upper middle class

    Middle class

    Lower middle class

    7%78%

    15%

    5%62%

    33%

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    Educational Qualification

    Undergraduate

    Graduate

    Postgraduate

    43%

    55%

    2%

    53%

    47%

    0%

    ::Spending Pattern::

    Based on the filled up questionnaire answers and analyzing them the following conclusions

    are made on the spending pattern of the BPO/KPO workers. As mostly the maximum

    percentage of the employees caters to the young population (seen from the above

    mentioned age group table). The spending pattern depends on the economic background of

    a particular employee.

    It is always not necessary being paid the same amount of salary, each individual from the

    same salary level will do the expenditure on a similar level.

    There is a clear distinguishing line between men and womens spending pattern.

    Mostly from the findings the salary of the workers ranges from rupees 15,000 rupees

    60,000 per month. The salary group henceforth has been divided into two divisions. First is

    high salary group that is rupees 60,000- rupees 40,000 and low salary group rupees 20,000

    and above rupees 40,000.

    The spending pattern is also divided according to the following parameters.

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    Category I:

    Men & Women with high disposable income:

    There are the following products that the workers mostly spend on-

    Products/goods/services Men Women

    1. Gadgets

    2. Clothes

    3. Accessories

    4. Shoes

    5. Vehicles

    6. Computer hardware

    7. Furniture

    8. Home accessories

    9. Household necessities

    10.FMCG goods

    11.Books etc.12.Holiday packages

    67%

    56%

    72%

    34%

    12%

    78%

    21%

    23%

    45%

    67%

    21%

    41%

    74%

    69%

    32%

    4%

    41%

    43%

    89%

    92%

    32%

    11%

    spending on a weekend

    visits

    Men Women

    High Income Low Income

    Men men with high income men with low income

    Women women with high income women with low income

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    1. Hotels

    2. Bar/lounge

    3. Clubs

    4. Sports

    5. Recreation centers

    6. Shopping

    Mostly men prefer option

    1,2,4

    Mostly women prefer

    option 3,5,6

    Category II:

    Men and women with low disposable incomes:

    The spending pattern is different although the goods on which they spend is somewhat the

    same. But the men and women from these strata mostly avoid the option 1.7.8.12 from the

    1stproduct list. They tend to not to leverage on the 2nd product list- option 4 and 5.

    ::Factors regulating spending patterns::

    Peer pressure:

    BPO employees were asked about peer behaviours, including substance use among peers

    and the spending influences experiences of their peers. Most young adults reported that

    they had friends who smoked and consumed alcohol, went for clubbing, partying outside,

    expenditure on food eating nature etc.

    Salary week:

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    People tend to spend a lot in the expensive products during the week they got salary. The

    pattern has been seen that workers after a long hectic schedule of BPO job tend to take a

    break and indulge themselves in the leisure time of sports, recreation centers, shopping etc.

    Lifestyle:

    However spending pattern greatly vary on the fact of living and lifestyle. Sometimes

    whatever choice a person is making to indulge is dependent on the kind of lifestyle he is

    into in. as seen in case of BPO workers, an unstable pay scale lead them to spend on the

    consumer goods/ services which might not have long term value. For example chilling out

    in a lounge or bowling in a sports center etc.

    Moreover,

    BPO workers have a tendency to spend excessively during the weekends as they get

    only this duration of time after a whole week.

    BPO culture has a mixed crowd, earlier it was mostly people from lower middle

    class or middle class background but now the paradigm has been shifted. Educated

    and economically stable persons are coming more into this field. So, the lifestyle has

    also got a shift fro spending weekends normally into shopping to actually indulging

    in the leisure time.

    ::Conclusions ::

    Most of them being in a common environment of organization gets the similar

    behavior and pattern and a common need always arises. So, it will be very easy for a

    club to target these people and to bring them under one common umbrella. For

    example they can come up with a club which has opportunities to eat, drink,

    recreation activities, gym and stress buster options, shopping limited branded

    products etc. BPO workers are bound to move on. In accordance with the analysis of

    the market research report it will be easier to establish the pattern of the clubs e.g.

    which sport to include in the sports center etc. It will help the workers into

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    delivering optimum level of output as they can also improve on their team building,

    tea, management etc, skills.

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    ::Questionnaire::

    The survey is conducted to develop a concept on the lifestyle, activities, opinion aboutleisure and relaxation. (The information search and research has been provided in page

    number 2 & 3.)

    Personal Details:

    NAME:

    DATE OF BIRTH: PRESENT AGE:

    EDUCATION:

    OCCUPATION:

    TELEPHONE NO. MOBILE NO.

    ADRESS:

    / / YEARS.

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    Q1. What do you do in the daily activities after office hours?

    a. Spend time inside house with family membersb. Doing physical activitiesc. Going out with peers/family membersd. It depends; cant specify

    Q2. How much time do you spend if you are going out with your peers/family

    members after the office hours?

    a. 1hr-2hrsb. 3hrsc. 4hrs and above

    d. It changes with the conditions

    Q3. Which destination do you normally visit if you go out after the office

    hours?

    a. A restaurantb. A shopping mallc. Normal grocery counters

    d. Sports & Recreation center

    Q4. How many people do you accompany usually while going out?

    a. Mostly 1 or 2b. 3 to 4 personsc. 4 or mored. Depends on occasions

    Q5. How much do you spend outside?

    a. Between 3000-4000 per dayb. Between >4000-5000 per dayc. Between >5000-6000 per dayd. >6000 per day

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    Q6. If you are getting a weekend off, what do you do mostly?

    a. Out for a short tripb. Out for clubbing/loungingc. Sports/recreation/movies etc.d. Do nothing, just indoor time spending

    Q7. Would you like to indulge on the leisure activities?

    a. Yesb. Yes but till a certain amountc. It depends on the week of the monthd. No, just minimal spending

    Please enter your perception determining on the scale given below: there is a

    scale of 1-7. If you strongly want to go for the option encircle 7 and if you not

    at all would like to go for the option encircle 1 as the minimum score.

    For example: 7

    Q8. Would like to spend time with your office peers after the office hours?

    1 2 3 4 5 6 7

    Q9. How will you rate your willingness to spend the leisure time outside home

    provided an option?

    1 2 3 4 5 6 7

    Q9. What type food arrangement would like to go for?

    a. Restaurants (veg)

    1 2 3 4 5 6 7

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    b. Restaurants (non-veg)

    1 2 3 4 5 6 7

    c. Bar

    d. Lounge

    1 2 3 4 5 6 7

    e. Club

    Q10. What are the type of food would you like to have?

    a. Chineese

    b. Indian

    c. Italian

    d. All varieties

    1 2 3 4 5 6 7

    e. Fast food & snacks

    1 2 3 4 5 6 7

    Q11. How much would you like to spend on sports and recreation activities?

    a. Whatever it will cost

    1 2 3 4 5 6 7

    1 2 3 4 5 6 7

    1 2 3 4 5 6 7

    1 2 3 4 5 6 7

    1 2 3 4 5 6 7

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    b. Will chose between the sports/gym etc.c. Will do a moderate spendingd. Is interested in sports only if it is free

    Q12. Recreation on sports:

    TYPES OF SPORTS NUMBER OF ACTIVITIES DID YOU DO IN THE LAST 4

    MONTHS

    AVERAGE

    TIME

    Regularly in

    the Week

    Once in the

    Week

    Once in

    everyMonth

    On a

    regularbasis for

    last 4 weeks

    Hours /mins

    1.Gym

    2. Dancing3. CompetitiveexerciserunningJoggingBowling indoor, lawn or 10pin

    4. Tennis orbadminton5. Squash6. Table tennis7. Golf8. Football, rugbyorhockey (during theseason)

    9. Cricket (during

    the season)10. Rowing11. Netball,volleyball orbasketball12.Fishing

    13.Horse-ridingSnooker, billiards

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    or darts14.Musicalinstrumentplaying or singingIce-skating

    15.Sailing, wind-surfingor boating16. Martial arts,boxing orWrestling17. swimming

    Please fill up the following questions in terms of your approval or disapproval:

    Q13. The importance of spending quality time in activities is extremely

    necessary for good health and other attributes.

    Q14. The ambience matters a lot in a club

    Q15. What does matters more?

    a. Food qualityb. Food quantity

    Strongly agree neither agree disagree strongly disagree

    Agree nor disagree

    Strongly agree neither agree disagree strongly disagree

    Agree nor disagree

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    Q16. Would like to leverage on the above mentioned activities on a weekend

    or on daily basis after the office hours?

    a. On weekendsb. Daily basisc. 2-3 days per weekd. Not at all, irregularly

    Q17. Is the salary provided to you are adequate for to spend weekends like

    above mentioned?

    a. Yesb. After savings; need to expense extrac. No, might be possible on irregular basisd. Absolutely not

    Q18. Does the location of a multipurpose club matters to you?

    a. Yes very muchb. Moderately as I wont visit daily

    c. No, but around the vicinity of my comfort zone is preferabled. Not at all

    Q18. What is your preference for location of a multipurpose club?

    a. Near your office/BPOb. In around vicinity of your BPOc. Near your housed. In and around vicinity of your house

    Q19. What is your car type?

    a. Bikeb. Four wheelerc. Public transport

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    Q20. What is your economic status?

    a. Rs. 2lakh-2.5lakh/annumb. Rs. >2.5 lakh- 3.5lakh/annumc. Rs. >3.5lakh/annumd. Would not like to disclose

    Any extra preference that you would like to give? List it down according to

    importance:

    1.________________________________________________________________________________-

    2.________________________________________________________________________________-

    3.__________________________________________________________________________________

    All information on this form is correct to the best of my knowledge and I have

    sought, and followed,

    Clients Signature: Date:

    Please mention the brand of car you use-----------------------------------------------

    Please mention if you use more than one car------------------------------------------