Parikalpana: KIIT Journal of Management
  • Year: 2013
  • Volume: 9
  • Issue: 1

A Study on the Perception and Price Preference of Rice Mandi Owners in Chennai

  • Author:
  • R. Kasilingam1, B. Rajeswari2
  • Total Page Count: 14
  • Page Number: 44 to 57

1Reader, Department of Management Studies, Pondicherry University, Pondicherry-605 014, kasimeena@gmail.com

2Asst. Professor, Department of Management Studies, Pondicherry University, Kalapet, Pondicherry-605 014, raajeebster@gmail.com

Online published on 28 February, 2020.

Abstract

This study is undertaken to understand whether brand exercise is possible in rice. The study is mainly focused on the price preference and switching behaviour of rice purchasers because the brand exercise is possible only when there is no perfect competition and price differentiation possible. The study is conducted among 150 rice Mandi owners in Chennai. The study results show that the preference for particular variety of rice is due to quality and switching also takes place only due to quality and the consumers are preferred to buy in 20–25 kg bags rather than loose quantities. This indicates that the branding is possible in rice also.

Keywords

Perception of rice Mandi owners, Price preference, Branding of rice varieties