Work

Impact of Price Fluctuations in Petroleum Products on the Purchase Behavior of Customers in the Automobile Industry in Coimbatore

Year: 2025
Type: article
Study design: Observational Study
Abstract: This research focuses on evaluating the effect of price variations of petroleum products on the purchasing behaviour of customers in the automobile sector in Coimbatore district. A structured questionnaire collected responses from 148 respondents selected through purposive random sampling.Data was analysed using Chi-square tests and represented using pie charts. It was established that fluctuations in petroleum product prices influence customer preference with regards to types of vehicles they purchase,frequency of use & fuel efficiency.Finally,the research concludes with some recommendations to manufacturers and policy makers on how to adapt to the changing consumer behaviour.
Language: English
Subfield: Marketing
Open Access status: diamond
OpenAlex ID: W4410051252
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Related to: 10