Result of Survey About Consumer's Buying Preferences towards Essay

Result of Survey About Consumers Buying Preferences towards Technological Goods Produced using Sustainable traffic Practices - Essay ExampleII. Introduction Knowing the gustation of a food market or determining how willing consumer respond towards a certain good is critical to a business success especially when it is more or less to introduce a product in the market. The in pass wateration regarding the markets preference, behaviour or retort towards a certain product is critical because this will give the companionship an idea whether to push done with the product or not and if ever it will push through with the product, on how will it rate itself in the market that would optimize its success. In the case of this paper, the research will curb the consumer acquire preference towards technological goods produced using sustainable business practices. Albeit it is ideal to produce products using sustainable business practices, it is not yet known whether there will be a busin ess incentive in call of market acceptance in the market of Dubai towards green products. This paper will attempt to hold in Consumer buying preferences towards technological goods produced using sustainable business practices and if they be, what particular consumer demographics are susceptible to it so that a social club can focus on a particular division of the market to optimize its success. III. Description of methodological analysis The information used in research paper came from primary data through the form of a great deal. The survey had 40 respondents from the Dubai market. The demographics of the market are consumers long time 30-60 above, who have a source of income of USD 20,000 to USD 59,000 that ranged from single batch to couples with family. Suffice to say that the respondents were a fair representative of consumers of technological goods. The purpose of the survey however was to determine their preference towards technological goods produced using sustaina ble business practices. Albeit it is the ideal business practice, it is yet to be heady if sustainable business practice can translate to sales and ultimately profit. The survey came in the form of a questionnaire which requires respondents to indicate their age, gender, approximate annual income and civil status. The questionnaires were designed to be simple to easily determine consumer response towards technological goods produced using sustainable business practices. IV. Analysis of the data from the survey The result of the survey was an eye opener as well as encouraging. For one, there are already segments in the market who particularly conscious about the companys business practice and in fact has a bearing in their purchase decisions. Survey result showed that the age group 35 to 39 and 40 to 44 strongly agreed that consumer should completely stop buying products that are unsustainable to the environment. This indicates that a particular segment in the market has a strong op inion about the environment friendliness of a product. This is macrocosm supported by another statistical data that these age groups are responsive to the environmentally sustainable practice of a company. Age group 35 to 39, 40 to 44 and 45 to 49 be to be willing to pay extra as long as the product/s is/are environmentally friendly. They would also ask or inquire about the business practice of a company of which they deemed to be important in the decision making process of purchasing their electronic goods. Consumers also do not merely associate environment friendliness to energy consumption because respondents on all age group did