Analyzing a new paradigm for Ayurvedic products in Noida (NCR region): - Factor analysis Approach.

Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 1

Abstract

This paper is an attempt to identify the basic factors that are responsible for changing mindset of consumer behavior of Noida (NCR region) customers, from chemically processed products and medicines to Ayurvedic products. Consumers are showing a remarkable change in their buying and consumption pattern. Changing buying behavior represents a transformational change in attitude towards chemically processed products and related process to shift for the Ayurvedic product. Retail stores and their shelves are now showcasing distinguished aroma and eliteness in suggesting with printed indulgence for ayurvedic product for selection and consumption for better health. This research uses the statistical approach of factor analysis for generating factors responsible for changes.

Authors and Affiliations

Dr. Gurvishal Sinha

Keywords

Related Articles

Impact of GST on Karnataka State Economy: will be a boon or bane?

We all know that India has been one nation with multiple taxes. All this will come to an end with the country becoming a clutter free highway for transparent, simple, efficient, one nation indirect tax system. The GST wi...

Effects of Roles Defined By Kipsigis Culture on The Performance of Women-Owned Enterprises.A Review of Literature.

Entrepreneurship is the establishment of a new venture through innovation and creativity. It has been recognized worldwide as an engine of economic growth. The world is adapting to changes that has come through globaliza...

Role of Microfinance in Women Economic Liberalisation (With Special Reference to Rajasthan)

Women Plays Important Role In Bringing Growth Not Only In Family But Also In Community And Nation. For Overall Upliftment Of Society Women Are Need To Be Empowered. Microfinance Is One Of The Emerging Tools For The Women...

The Role of the WTO in Assisting Developing Countries, Especially the BRICS: an Analysis of Doha and Bali

WTO have 164 members now which were 29 on 1 January 1995 and two third of which are developing nations. They play a very important and active role in the WTO due to their large numbers. They are having very important rol...

Rural and Urban Consumer Purchase Behaviour towards DTHA Comparative Study

In modern times the consumer is playing a vital role in the context of marketing and business related activities. Every business depends upon the consumers. To attract the consumers and intern to increase the sales every...

Download PDF file
  • EP ID EP409408
  • DOI 10.9790/487X-2001012227.
  • Views 83
  • Downloads 0

How To Cite

Dr. Gurvishal Sinha (2018). Analyzing a new paradigm for Ayurvedic products in Noida (NCR region): - Factor analysis Approach.. IOSR journal of Business and Management, 20(1), 22-27. https://europub.co.uk/articles/-A-409408