Of 109 females respondents, 66.4% indicated that they had an intent to purchase. However, only 33.6% of the 61 males who responded indicated that they had an intention to purchase. This means that the brand appears to appeal more to women than men. Women will represent a higher percentage of the target market than men.
Gender * Purchase intention Crosstabulation
Purchase intention
Total
No, not likely
Yes, likely
Gender
Female
Count
14
95
% within Purchase intention
51.9%
66.4%
64.1%
Male
Count
13
48
61
% within Purchase intention
48.1%
33.6%
35.9%
Total
Count
27
% within Purchase intention
The first section of the research examines the likelihood of being able to develop a loyal customer following. Five questions were included in this section of the study. All five questions related to the willingness of customers to remain loyal to the brand, and if they would be willing to pay a higher price for the brand. Aggregate scores for these questions indicate that it would be possible to influence customers and maintain a loyal customer following. It may be noted that the wording of these questions is subjective,...
As far as the research methods are concerned, they can be grouped in three categories: exploratory (it identifies a new problem), constructive (it creates a new solution) and empirical (it tests the efficacy of a solution that already exists) (Wikipedia Online Encyclopedia). There are two types of research that best suit the purpose of Funky Threads: the constructive and the empirical ones. The empirical research has the advantage of providing
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