
ISSN No. 2321-2705 | DOI: 10.51244/IJRSI |Volume XII Issue X October 2025
results (F = 4.578, p = 0.019) indicate significant differences in product perception across income levels. The
Posthoc Bonferroni test shows that higher-income groups (Rs. 75,001–1,00,000 and above Rs. 1 lakh) differ
significantly from the lowest-income group (less than Rs. 25,001). This suggests that higher-income consumers
evaluate products more critically, considering statements such as “I check product quality before purchase” and
“I prefer products with better features,” reflecting greater awareness and purchase involvement. This implies
that income positively influences product perception. Higher-income consumers likely have better exposure,
access to information, and the financial capacity to choose products based on quality and features, whereas
lower-income consumers may focus more on affordability. To conclude, income significantly affects product
perception, with higher-income consumers demonstrating more informed and critical evaluation of products.
More than Rs. One
lakh Vs. Less than
Rs. 25001
Brand perception relates to trust, loyalty, and overall image associated with a brand. Mean scores show that
consumers with income more than Rs. 1 lakh (Mean = 3.462, SD = 0.866) perceive brands more favorably, while
those earning less than Rs. 25,001 (Mean = 2.594, SD = 0.851) show the lowest brand perception. Other groups
fall in between: Rs. 25,001–50,000 (3.058, SD = 0.866), Rs. 50,001–75,000 (3.159, SD = 0.918), Rs. 75,001–
1,00,000 (3.113, SD = 0.898). The ANOVA (F = 3.385, p = 0.039) confirms significant differences, with the
Posthoc test indicating that the highest-income group differs from the lowest-income group. This suggests that
higher-income consumers place greater emphasis on brand reputation, trustworthiness, and loyalty, consistent
with questionnaire statements such as “I prefer buying trusted brands” and “Brand influences my purchase
decisions.” Lower-income consumers may focus more on affordability and essential functionality rather than
brand prestige. Hence, Income significantly influences brand perception, with higher-income consumers being
more brand-conscious than lower-income groups.
More than Rs. One
lakh, Rs.75001 to
Rs.100000 Vs. Less
than Rs. 25001
Pricing perception involves awareness of product cost and perceived value. Mean scores reveal a clear trend: the
lowest-income group (less than Rs. 25,001, Mean = 2.740, SD = 1.348) shows the least concern for pricing value
in terms of purchasing decisions, while higher-income groups, especially Rs. 75,001–1,00,000 (3.600, SD =
1.449) and more than Rs. 1 lakh (3.627, SD = 1.337), perceive pricing more actively. Intermediate groups: Rs.
25,001–50,000 (3.331, SD = 1.382), Rs. 50,001–75,000 (3.415, SD = 1.358). ANOVA results (F = 4.382, p =
0.021) indicate significant differences, with Posthoc Bonferroni test showing that higher-income groups differ
significantly from the lowest-income group. This indicates that higher-income consumers evaluate price in
relation to quality and value for money, reflecting statements like “I compare prices before purchase” or “I