Discriminant and Factor Analysis of Consumer Behaviour in RCB Merchandise Purchases on Younger Demographics
Abstract
The research analyses the factors influencing the purchase of Royal Challengers Bangalore (RCB) merchandise among individuals aged (18-35). An organised form was used to collect data on the main reasons and obstacles people face when trying to buy merch. An analysis called factor analysis was used to divide the data into 4 main groups and discriminate analysis was used to find the difference between customers who are likely to buy RCB products and those who are not. The results give us useful information about how people behave, which has strategic implications for marketing and selling things to RCB fans.
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