The impact of market conditions on customers purchasing choices for steel goods in Tamil Nadu
Author(s): Tej SinghAbstract
The steel industry in Tamil Nadu is a prominent sector that has a considerable influence on the local economy. This research examines the several market dynamics that impact customer choices while buying steel goods in Tamil Nadu. We conduct a comprehensive study by using both quantitative surveys and qualitative interviews to examine important factors such as price volatility product excellence brand standing and product availability. The study demonstrates that price continues to be the key factor influencing customer decision-making while considerations such as product longevity and brand reliability also have significant impacts. Consumer preferences and buying behaviour are influenced by regional market dynamics including factors such as local rivalry and supply chain logistics. The results emphasise the need for steel manufacturers and suppliers to modify their strategies in order to efficiently satisfy the expectations of consumers. The report provides significant information for industry players seeking to improve their market positioning and connect their goods with customer expectations in Tamil Nadu.