13887261 Dissertation Report

download 13887261 Dissertation Report

of 56

Transcript of 13887261 Dissertation Report

  • 7/28/2019 13887261 Dissertation Report

    1/56

    Dissertation Report On

    Buying Behaviour for FMCG

    SUBMITTED TOWARDS PARTIALFULFILLMENT

    OFPOST GRADUATE DIPLOMA IN MANAGEMENT

    (Approved by AICTE, Govt. of India)

    ACADEMIC SESSION2011 2012

    Submitted By:Krishn Kumar Sharma

    DM-1119Batch 2011-2013

    UNDER THE GUIDANCE OF

    DR. SARJUE PANDITA

    AJAY KUMAR GARG INSTITUTE OF MANAGEMENT27Km Stone, Delhi-Hapur Bypass Road,

    P.O. Adhyatmik Nagar, Ghaziabad-201009

  • 7/28/2019 13887261 Dissertation Report

    2/56

    Acknowledgement

    I dedicate this page to all those who have silently or actively left indelible mark on myproject report, so that they may give credits which richly deserve.

    Talent & capabilities are of course necessary but opportunities & right guidance is two very

    important backups without which any person cannot climb the ladder for success. Proper

    guidance and direction is required in order to achieve the goal & making optimum of each

    & every opportunity.

    I am thankful from the core of my heart & express my feeling of gratitude and

    acknowledgement to my Project Mentor Mrs Namita Nath Kumar.. Whose constant support

    and faith in me always motivated me and their knowledge and brilliance has pulled me out

    of doldrums in this project.

    Mundane words are not enough to express our indebtedness towards other Faculty of

    AKGIM Ghaziabad whose enormous assistance helped us in the completion of project.

    Krishn Kumar Sharma

    DM1119

  • 7/28/2019 13887261 Dissertation Report

    3/56

    PREFACE

    Today companies must urgently and critically rethink their business mission and marketing

    strategies .Instead of operating in a market place of fixed and known competition and stable

    consumer preferences, today companies work in war zone of rapidly changing

    customer/competitor, new law, managed trade policy and diminishing customer loyalty.

    Company considers the fact that today customer face a plenitude of product every category.

    Consider that customer exhibit varying and diverse requirement for product service

    combination and prices.

    In face of their vast choices, customer will gravitate to offering that best meet their

    individual needs and expectation.

    Therefore it is not surprising that todays winning companies are those who succeed in

    satisfying their target customer .If they cant bring something special to get market. They

    will not last long. The companies should be market focused and consumer driven. They pay

    extreme attention to quality and service to meeting and even exceeding customer

    expectation

  • 7/28/2019 13887261 Dissertation Report

    4/56

    Table of Content

    S. No. Topics Page No.1 Executive Summary 01-05

    2 Introduction Of Company 06-36

    3 Research Objective 37-38

    4 Research Methodology 39-41

    5 Analysis of Questionnaire 42-56

    6 Findings 57-59

    7 Recommendations 60-61

    8 Conclusion 61-62

    9 Limitations of Study 63-65

    10 References 66-67

    11 Annexures 68-72

    Table of Content

    1. Executive summary 1-1

    2. Introduction 2-3

    3. Overview of FMCG

    3

    4. FMCG in 2006

    4

    5. Comparison between FMCG in 2005 & 2006 4-5

    6

  • 7/28/2019 13887261 Dissertation Report

    5/56

    6. Sectors outlook

    5-7

    7. Scope of FMCG 8

    8. Growth prospects 8-11

    9. Top players in FMCG sector 11

    10. Secondary players 12

    11.Review of literature 12-14

    12. Research objectives 15

    13.Research methodology 16-19

    14.Panoramic View 20-22

    15. Income based classification 23-24

    16.Socio economic classification 25-28

    17.Age demographics 28-29

    18. Geographical dispersion 30

    19. Analysis 31-60

    20.Conclusion 61-62

    21.Suggestions & recommendations 63

    22.References 64-65

    23.Questionnaire 66-68

    7

  • 7/28/2019 13887261 Dissertation Report

    6/56

    8

  • 7/28/2019 13887261 Dissertation Report

    7/56

    01

    EXECUTIVE

    SUMMARY

    The Indian FMCG sector is the fourth largest sector in the economy with a

    total market size in excess of US$ 13.1 billion. FMCG market is expected to

    rise to 33.4 Billion US$ till 2015.

    This report starts with a brief introduction of FMCG market along with

    industry Overview. It further state why FMCG sector us analyzed and why

    India.

    9

  • 7/28/2019 13887261 Dissertation Report

    8/56

    Products like, hair care, household care, male grooming, female hygiene are

    and chocolates and confectionary segments are likely to be fastest growing

    segments.

    The main objectives of the project are:

    Understanding the functioning of FMCG Industry

    Analyzing the industry performance on Qualitative and Quantitative Basis.

    Forecasting the Future Investment in the Sector.

    To study the fundamental factors affecting the real estate value.

    To present the future constraints of FMCG investment in India.

    To understand the demand pattern of FMCG products in the rural

    market.

    To know the amount of household income spent on the consumption

    of FMCG products.

    To understand the image of the products in the eyes of the consumers.

    Introduction

    There was a time when the FMCG companies ignores rural market, they

    took no any interest to produced or sell products in rural market in India. It

    was the initial stage of FMCG companies in India. As per as the time had

    passed, the strategy and marketing style of FMCG companies had been

    changed.

    10

  • 7/28/2019 13887261 Dissertation Report

    9/56

    The rural market is the one of the best opportunity for the FMCG sector in

    the India. It is wider and less competitive market for the FMCG. As the

    income level of the rural consumers increasing, the demand of FMCG is

    increasing continuously.

    Fast moving consumer goods (FMCG) are popularly named as consumer

    packaged goods. Items in this category include all consumables (other than

    groceries/pulses) people buy at regular intervals. The most common in the

    list are toilet soaps, detergents, shampoos, tooth paste, shaving products,

    shoe polish, packaged food stuff, household accessories, extends to certain

    electronic goods. These items are meant for daily or frequent consumption &

    have a high return.

    A major portion of the monthly budget of each household is reserved for

    FMCG products. The volume of products circulated in the economy against

    FMCG products is very high, as the number of products the consumer uses,

    is comparatively very high. Competition in FMCG sector is very high

    resulting in high pressure on margins.

    FMCG companies maintain intense distribution network. Companies spend

    a large portion of their budget on maintaining distribution networks. New

    entrants who wish to bring their products in the national level need to invest

    huge sums of money on promoting brands. Manufacturing can be

    outsourced. A recent phenomenon in the sector was entry of multinationals

    and cheaper imports. Also the market is more pressurized with presence of

    local players in rural areas and state brands.

    11

  • 7/28/2019 13887261 Dissertation Report

    10/56

    Overview of FMCG Sector

    FMCG is an acronym for Fast Moving Consumer Goods, which refer to

    things that we buy from local supermarkets on daily basis, the things that

    have high turnover & are relatively cheaper.

    Products which have quick turnover and low cost are known as fast moving

    consumer goods. These goods are also popularly named as consumer

    packaged goods. A major portion of the budget of a household is reserved

    for FMCG products. Items in this category include all consumables that

    people buy at regular intervals.

    A subset of FMCG are fast moving consumer electronics which include

    innovative electronic products such as mobile phones , mp3 players , digital

    cameras , GPS systems and laptops. These are more frequently replaced than

    any other electronic product.FMCG companies are equipped with intense distribution network. They

    spend huge sums to maintain their distribution network. New entrants who

    wish to bring their product in the national level needs to spend huge sum of

    money for promoting brands. Intense competition between the organized and

    unorganized segments is the other characteristicsof this sector.

    FMCG in 2012

    India, Asias third largest economy, saw urban consumers spend less in

    calendar year 2012 due to high inflation, muted salary hikes, and slowing

    12

  • 7/28/2019 13887261 Dissertation Report

    11/56

    economic growth that affected both real wages and sentiment. During 2012,

    the overall slowdown in the economy has begun to affect the FMCG sector

    with companies posting deceleration in volume growth in the recent

    quarterly results. Discretionary spending has been hit severely due to the

    ongoing slowdown. The prevailing high inflation level is also a cause of

    concern for the sector. The trends seen in 2012 are likely to accelerate in

    2013. Growth will come from rural dwellers that are expected to see a rise in

    disposable incomes due to the direct cash transfer scheme, while urban

    consumers will continue to be affected by the macroeconomic environment.

    Scope of the FMCG Sector

    FMCG Sector in India is one of the four largest sectors in Indian economy.

    The FMCG (Fast Moving Consumer Goods) companies have faced tough

    competition among themselves over the years which is continuously

    increasing. This is due to the increase in per capita income among

    individuals and also various developments in rural economy. The FMCG

    sector has changed its strategies and has opted for a more well-planned

    marketing of the products to penetrate both the rural and urban markets.

    Marketing, retail, sales, services and supply are the key areas which

    generates maximum career scopes in FMCG Industry in India.

    The FMCG value chain is vast covering farmers who manufacture the

    primary products to the consumers who consume the ultimate finished

    goods. The FMCG Industry in India is the third largest Industry after

    13

  • 7/28/2019 13887261 Dissertation Report

    12/56

    Textiles and Petroleum with a turnover of over Rs.80,000 crores. Its

    participant profile is extensive and includes food and related products such

    as tea, salt, tobacco, oils, fats and processed foods, personal care products

    such as soaps, detergents, hair oils, toiletries and dental products. Frequently

    purchased essential or non-essential goods such as food, toiletries, soft

    drinks, disposable diapers. Consumers play a crucial role in the Indian

    FMCG sector as the price band of each FMCG product is fixed depending

    largely on the consumer class which the particular company is targeting. A

    number of variants is offered by each brand in the FMCG sector. Some of

    the FMCG companies like Nestle India, Cadbury, Procter & Gamble (P&G)

    and SmithKline Beecham offer high-priced branded products as these

    companies target the elite and upper middle class consumers.

    Growth Prospects

    With the presence of 12.2% of the world population in the villages of India,

    the Indian rural FMCG market is something no one can overlook. Increased

    focus on farm sector will boost rural incomes, hence providing better growth

    prospects to the FMCG companies.

    Better infrastructure Facilities will improve their supply chain. FMCG sector

    is also likely to benefit from growing demand in the market. Because of the

    low per capita consumption for almost all the products in the country,

    14

  • 7/28/2019 13887261 Dissertation Report

    13/56

    FMCG companies have immense possibilities for growth. And if the

    companies are able to change the mindset of the consumers, i.e. if they are

    able to take the consumers to branded products and offer new generation

    products, they would be able to generate higher growth in the near future. It

    is expected that the rural income will rise in 2007, boosting purchasing

    power in the countryside. However, the demand in urban areas would be the

    key growth driver over the long term. Also, increase in the urban population,

    along with increase in income levels and the availability of new categories,

    would help the urban areas maintain their position in terms of consumption.

    At present, urban India accounts for 66% of total FMCG consumption, with

    rural India accounting for the remaining 34%. However, rural India accounts

    for more than 40% consumption in major FMCG categories such as personal

    care, fabric care, and hot beverages. In urban areas, home and personal care

    category, including skin care, household care and feminine hygiene, will

    keep growing at relatively attractive rates. Within the foods segment, it is

    estimated that processed foods, bakery, and dairy are long-term growth

    categories in both rural and urban areas.

    Top Players in FMCG Sector

    1. Hindustan lever limited (HLL)

    2. ITC (Indian Tobacco Company)

    3. Nestle India4. GCMMF (AMUL)

    5. Dabur India

    6. Asian Paints (India)

    7. Cadbury India

    15

  • 7/28/2019 13887261 Dissertation Report

    14/56

    8. Britannia Industries

    9. Procter & Gamble Hygiene & Health Care

    10. Marico Industries

    Secondary Players

    1. Colgate-Palmolive (India) Ltd.

    2. Godrej Consumers Product Ltd.

    3. Nirma Ltd.

    4. Tata Tea Ltd.

    5. Parle Agro

    6. H. J. Heinz

    Research objectives

    To understand the demand pattern of FMCG products in the rural

    market.

    To know the amount of household income spent on the consumption

    of FMCG products.

    To understand the image of the products in the eyes of the consumers.

    16

    http://www.naukrihub.com/india/fmcg/companies/colgate-palmolive/http://www.naukrihub.com/india/fmcg/companies/godrej/http://www.naukrihub.com/india/fmcg/companies/nirma/http://www.naukrihub.com/india/fmcg/companies/tata-tea/http://www.naukrihub.com/india/fmcg/companies/parle/http://www.naukrihub.com/india/fmcg/companies/heinz/http://www.naukrihub.com/india/fmcg/companies/colgate-palmolive/http://www.naukrihub.com/india/fmcg/companies/godrej/http://www.naukrihub.com/india/fmcg/companies/nirma/http://www.naukrihub.com/india/fmcg/companies/tata-tea/http://www.naukrihub.com/india/fmcg/companies/parle/http://www.naukrihub.com/india/fmcg/companies/heinz/
  • 7/28/2019 13887261 Dissertation Report

    15/56

    Research methodology

    Data collection

    Sample unit:

    1. working people (including men & women)

    2. college students

    3. school students

    4. senior citizens

    Sample size:

    1. working people: 32%

    2. college students: 29%

    3. school students: 23%

    4. senior citizens: 16%

    Sampling region:

    1. The researcher has selected GZB, the city of Uttar Pradesh .

    2. She has chosen GOMTI NAGAR, MAHANAGAR, ALIGANJ as her

    areas of research. In these areas she can easily meet working people (both

    male & female), school students, college students & senior citizens.

    The population status of these areas can be shown in a tabulated manner,

    which is given as follows:

    Area Population

    Raj Nagar 12,97,570

    17

  • 7/28/2019 13887261 Dissertation Report

    16/56

    Hapur 8,12,230

    Anand Vihar 8,75,640

    Population is in approximate figures.

    Source: http://www.upgov.nic.in/upinfo/census01/cen01-1.htm

    Sampling procedure:

    The researcher will take stratified random sampling as the sampling

    procedure.

    Data collection method:

    1. Primary data: it will be collected with the help of a self

    administered questionnaire. This questionnaire aims to gather

    information related to various Branded products.

    2. Secondary data: it will be collected with the help of books,

    research papers, magazines, news papers, journals, internet, etc.

    Research instruments:

    Questionnaire design:

    As the questionnaire is self administrated one, the survey is kept simple and

    user friendly. Words used in questionnaire are readily understandable to all

    respondent. Also technical jargons are avoided to ensure that there is no

    confusion for respondents.

    18

  • 7/28/2019 13887261 Dissertation Report

    17/56

    Income based classification

    India has a population of 1.095 billion people, comprising of 1/6th of the

    world population. India's population can be divided into 5 groups on the

    basis of annual household income. These groups are:

    1. Higher income

    2. Upper middle income

    3. Middle - middle income

    4. Lower middle income

    5. Lower income

    The income classification does not represent a real scenario for an

    international business because the purchasing power of currencies differs

    significantly. The real purchasing power of Indian rupee is higher than the

    international exchange value.

    In addition to that, income classification is not an effective tool

    to ascertain consumption and ownership trends in the economy.

    Geographical dispersion

    There is large difference in economic prosperity levels among several states

    in India, linked to the wealth creation from trade, industrial, and agricultural

    19

  • 7/28/2019 13887261 Dissertation Report

    18/56

    development. There are poor districts in many states, classified according to

    their market potential. India has 500 districts, out of which 150 districts

    (category A) and next 150 districts (category B) account for 78% and 15%

    of the national market potential respectively. Remaining 200 districts

    (category C) are backward and account for only 7% of national market

    potential. Category C districts have 40% of the geographical share.

    Analysis

    1. Which soap u prefer to use?

    The reaction of people towards various SOAP brands can be

    tabulated in the following manner:

    Brands Lux Dettol Lifebuoy othersPercentage 36 22 18 24

    In the survey that the researcher conducted, it could easily be

    concluded that LUX, the product of HUL was highly in demand. LUX, the

    product of HUL covers 36% of the market share. After LUX, the other

    20

  • 7/28/2019 13887261 Dissertation Report

    19/56

    brands (EXCEPT LUX, DETTOL, LIFEBUOY) covers 24% of the market

    share. This is then followed by DETTOL, the product of RECKITT

    BENCKISER with a market share of 22%, which is then followed by

    LIFEBUOY, the product of HUL with a market share of 18%.

    This data can be graphically explained with the help of the following bargraph:

    21

  • 7/28/2019 13887261 Dissertation Report

    20/56

  • 7/28/2019 13887261 Dissertation Report

    21/56

    of their demand for the various packs of SOAP brands available in the

    market.

    However, the reaction of people towards various packs of SOAP

    can be tabulated in the following manner:

    Packs of soaps Single pack Family pack (3 in 1)

    Percentage 56 44

    In the survey that the researcher conducted, she tried to

    differentiate amongst people, with below average household income,

    average household income & above household income. This

    classification can be done on the basis of the daily expenditure that

    people make. 56% consumers demand single pack. 44% consumers

    demand family packs i.e. 3 in 1 pack.

    This data can be graphically explained with the help of the

    following bar graph:

    23

  • 7/28/2019 13887261 Dissertation Report

    22/56

    0

    1020

    30

    40

    50

    60

    percentage

    packs preferred by

    customers

    demand of packs of soap

    single pack

    family pack ( 3 in 1 )

    1. Which tea u prefer to use?

    The reaction of people towards various TEA brands can be tabulated in

    the following manner:

    Brands Tata Tea Brooke Bond Taj Mahal Others

    Percentage 32 28 18 22

    24

  • 7/28/2019 13887261 Dissertation Report

    23/56

    In the survey that the researcher conducted, it could easily be

    concluded that TATA TEA, the product of TATA has a market share of

    32%. This is followed by, BROOKE BOND, with a market share of 28%.Followed by other brands (EXCEPT TATA TEA, BROOKE BOND, TAJ

    MAHAL) with a market share of 22%. This is finally followed by TAJ

    MAHAL, the product of HUL which holds18% of the market share.

    This data can be graphically explained with the help of the following bargraph:

    25

  • 7/28/2019 13887261 Dissertation Report

    24/56

    0

    5

    1015

    20

    25

    30

    35

    percentage

    brands

    demand of tea brands

    tata tea

    brooke bond

    taj mahal

    others

    2. Which tea pack u prefer to use?

    In order to determine the income pattern of the consumers, it was

    necessary for the researcher to distribute the consumers on the basis of

    26

  • 7/28/2019 13887261 Dissertation Report

    25/56

  • 7/28/2019 13887261 Dissertation Report

    26/56

    0

    10

    20

    30

    40

    50

    percentage

    packs preferred by customers

    demand of tea packs

    sachet

    medium pack

    large pack

    3. Which tooth paste u prefer to use?

    In the initial years, the rural consumers preferred tooth

    powders, datoons etc. But from the last decade, the preference of

    consumers towards toothpaste has been changed. A huge number of

    toothpastes of different companies are sold in rural market.

    28

  • 7/28/2019 13887261 Dissertation Report

    27/56

    However, the reaction of people towards various TOOTH

    PASTES can be tabulated as follows:

    Brands Pepsodent Colgate Close Up Others

    Percentage 27 35 22 16

    In the survey that the researcher conducted, it could easily be seen that

    COLGATE, the product of COLGATE PALMOLIVE is the market

    leader, which covers 35% of the total market. After that, PEPSODENT,

    the product of HUL is demanded by the customers, which covers 27% of

    the market share. Followed by CLOSE UP, the product of HUL is

    demanded by the customers, which covers 22% of the market share.

    Which is then followed by others brands (EXCEPT PEPSODENT,

    COLGATE, CLOSE - UP), which covers 16% of the total market share.

    This data can be graphically explained with the help of the

    following bar graph:

    29

  • 7/28/2019 13887261 Dissertation Report

    28/56

    0

    5

    10

    15

    20

    25

    30

    35

    percentage

    brands

    demand of tooth paste

    pepsodent

    colgate

    close up

    others

    4. Which pack u prefer to use?

    In order to determine the income pattern of the consumers, it was

    necessary for the researcher to distribute the consumers on the basis of

    30

  • 7/28/2019 13887261 Dissertation Report

    29/56

  • 7/28/2019 13887261 Dissertation Report

    30/56

    0

    10

    20

    30

    40

    50

    percentage

    packs preferred by customers

    demand of packs of tooth paste

    small pack

    medium pack

    family pack

    5. Which detergent u prefer to use?

    The reaction of people towards various DETERGENT brands can be

    tabulated in the following manner:

    32

  • 7/28/2019 13887261 Dissertation Report

    31/56

    Brands Surf Rin Tide Others

    Percentage 27 35 22 16

    In the survey that the researcher conducted, it could be easily

    concluded that RIN, the product of HUL captures 35% of the total market

    share. This is followed by SURF, the product of HUL which has a market

    share of 27%. This is followed by TIDE, the product of PROCTER &

    GAMBLE which has a market share of 27%. This is finally followed by

    other brands (EXCEPT SURF, RIN, TIDE) which captures 16% of the

    market share.

    This data can be graphically explained with the help of the

    following bar graph:

    33

  • 7/28/2019 13887261 Dissertation Report

    32/56

    0

    5

    10

    15

    20

    25

    30

    35

    percentage

    brands

    demand of detergents

    surf

    rin

    tideothers

    6. Which pack u prefer to use?

    In order to determine the income pattern of the consumers, it was

    necessary for the researcher to distribute the consumers on the basis of

    34

  • 7/28/2019 13887261 Dissertation Report

    33/56

    their demand for the various packs of DETERGENT brands available in

    the market.

    However, the reaction of people towards various DETERGENT

    packs can be tabulated in the following manner:

    Detergent packs Sachet Medium pack Family pack

    Percentage 43 27 30

    In the survey that the researcher conducted, she tried to

    differentiate amongst the people, with below average household income,

    average household income & above household income. This classification

    can be done on the basis of the daily expenditure that people make.

    However, 43% consumers demand sachet packs. 30% consumers demand

    family packs. 27% consumers demand medium packs.

    This data can be graphically explained with the help of the

    following bar graph:

    35

  • 7/28/2019 13887261 Dissertation Report

    34/56

    0

    5

    10

    15

    2025

    30

    35

    40

    45

    percentage

    packs preferred by customers

    demand of detergent packs

    sachet

    medium packfamily pack

    7. Which shampoo u prefer to use?

    The reaction of people towards various SHAMPOO brands can be

    tabulated in the following manner:

    36

  • 7/28/2019 13887261 Dissertation Report

    35/56

  • 7/28/2019 13887261 Dissertation Report

    36/56

    0

    5

    10

    15

    20

    25

    30

    35

    percentage

    brands

    demand of shampoo

    clinic plus

    sunsilk

    head & shouldersothers

    8. Which pack u prefer to use?

    In order to determine the income pattern of the consumers, it was

    necessary for the researcher to distribute the consumers on the basis of

    38

  • 7/28/2019 13887261 Dissertation Report

    37/56

  • 7/28/2019 13887261 Dissertation Report

    38/56

    0

    5

    1015

    20

    25

    30

    35

    percentage

    packs preferred by customers

    demand of shampoo packs

    sachet

    small pack

    medium pack

    large pack

    9. Which biscuits u prefer to use?

    The reaction of people towards various BISCUITS brands can be tabulated

    in the following manner:

    40

  • 7/28/2019 13887261 Dissertation Report

    39/56

    Brands Marie gold Good Day Parle G Others

    Percentage 24 38 21 17

    In the survey, that the researcher conducted, it can easily be

    concluded that GOOD DAY, the product of BRITANNIA holds a major

    market share of 38%. This is followed by MARIE GOLD, another product

    of BRITANNIA which holds 24% of the market share. After that, PARLE-

    G, the product of PARLE, holds 21% of the market share. This is followed

    by other brands (EXCEPT MARIE GOLD, GOOD DAY, PARLE- G)

    which hold a market share of 17%.

    This data can be graphically explained with the help of the following bar

    graph:

    41

  • 7/28/2019 13887261 Dissertation Report

    40/56

  • 7/28/2019 13887261 Dissertation Report

    41/56

  • 7/28/2019 13887261 Dissertation Report

    42/56

  • 7/28/2019 13887261 Dissertation Report

    43/56

  • 7/28/2019 13887261 Dissertation Report

    44/56

    0

    5

    10

    1520

    25

    30

    35

    40

    45

    percentage

    packs preferred by customers

    demand of packs of hair oil

    small pack

    medium pack

    large pack

    12.Which cream u prefer to use?

    The reaction of people towards various CREAM brands can be tabulated in

    the following manner:

    46

  • 7/28/2019 13887261 Dissertation Report

    45/56

    Brands Ponds Fair & lovely Ayur Others

    Percentage 28 32 14 26

    In the survey, that I conducted, it can easily be concluded that

    FAIR & LOVELY, the product of HUL, holds the major market with a share

    of 32%. This is followed by, PONDs, another product of HUL, which holds

    28% of the market share. This is followed by, other brands (EXCEPT,

    PONDs, FAIR & LOVELY & AYUR), which captures 26% of the market

    share. This is followed by AYUR, the brand of AYUR ACADEMY OF

    NATURAL BEAUTY (AANB) which holds 14% of the total market share.

    This data can be graphically explained with the help of the

    following bar graph:

    47

  • 7/28/2019 13887261 Dissertation Report

    46/56

    0

    5

    10

    15

    20

    25

    30

    35

    percentage

    brands

    demand of creams

    ponds

    fair & lovely

    ayur

    others

    13.Which coffee u prefer to use?

    The reaction of people towards various COFFEE brands can be tabulated in

    the following manner:

    48

  • 7/28/2019 13887261 Dissertation Report

    47/56

  • 7/28/2019 13887261 Dissertation Report

    48/56

  • 7/28/2019 13887261 Dissertation Report

    49/56

  • 7/28/2019 13887261 Dissertation Report

    50/56

    this product is also available in various packs, so rural consumers can use it

    according to their buying capacity.

    In the case of HAIR OILS, MERICO holds the major market

    share. MERICO is a much known organization & its product PARACHUTE

    has reached all the places. So it is a known product, which has created a

    good amount of goodwill for the organization. Consumers have confidence

    & trust in their product. Therefore, they prefer buying it.

    Suggestions & recommendations

    The researcher would like to suggest the following points, so that the

    organizations can easily sell their products to their consumers:

    1. However, the demand of a product is also affected by its life cycle. If

    the product is in the introduction stage, then it will definitely take

    some time to capture the market, because in the introduction stage,

    consumers are not much aware about the product. Therefore, its the

    52

  • 7/28/2019 13887261 Dissertation Report

    51/56

    responsibility of the organization to create awareness amongst the

    consumers.

    2. They should adapt rigorous marketing strategies, in order to sustain in

    the market.

    3. There is immense competition in this sector. Therefore, the

    organizations should try to gain competitive advantage against their

    competitors.

    4. They should try to reach as many people as possible.

    5. For the organizations that are not much popular amongst the

    consumers, should adopt Sales Promotion, as their marketing

    strategies.

    6. Application of 4As has also become an important task for all the

    organizations.

    (*4A= Availability, Affordability, Acceptability, Awareness)

    References

    1. Kearney, A T, CII Report, (2000)

    2. Purba basu, research on living style of rural consumers, (2004),pg. no. 5-8.

    3. Tognatta Pradeep, economic growth on agriculture sector,(2003), pg no. 6-10.

    53

  • 7/28/2019 13887261 Dissertation Report

    52/56

    4. Aithal K Rajesh, importance & growth of rural markets, (2004),pg no. 8-12.

    5. Center for Monitoring Indian Economy (CMIE)

    6. Statistical Outline of India (2001-02), NCAER7. National Council of Applied Economic Research (NCAER)

    8. Indian readership survey (IRS)

    9. http://www.upgov.nic.in/upinfo/census01/cen01-1.htm

    10. Lucknow Development Authority

    11. http://www.naukrihub.com/india/fmcg/overview/

    12. http://www.naukrihub.com/india/fmcg/

    13. http://www.naukrihub.com/india/fmcg/consumer-class/

    14. http://www.naukrihub.com/india/fmcg/consumer- class/income/

    15. http://www.naukrihub.com/india/fmcg/consumer-class/socio-economic/

    16. http://www.naukrihub.com/india/fmcg/consumer-class/age/

    17.http://www.naukrihub.com/india/fmcg/consumer-

    class/geography/

    18. http://en.wikipedia.org/wiki/Fast_moving_consumer_goods

    54

    http://www.naukrihub.com/india/fmcg/overview/http://www.naukrihub.com/india/fmcg/http://www.naukrihub.com/india/fmcg/consumer-class/http://www.naukrihub.com/india/fmcg/consumer-%20class/income/http://www.naukrihub.com/india/fmcg/consumer-class/socio-economic/http://www.naukrihub.com/india/fmcg/consumer-class/socio-economic/http://www.naukrihub.com/india/fmcg/consumer-class/age/http://www.naukrihub.com/india/fmcg/consumer-class/geography/http://www.naukrihub.com/india/fmcg/consumer-class/geography/http://en.wikipedia.org/wiki/Fast_moving_consumer_goodshttp://www.naukrihub.com/india/fmcg/overview/http://www.naukrihub.com/india/fmcg/http://www.naukrihub.com/india/fmcg/consumer-class/http://www.naukrihub.com/india/fmcg/consumer-%20class/income/http://www.naukrihub.com/india/fmcg/consumer-class/socio-economic/http://www.naukrihub.com/india/fmcg/consumer-class/socio-economic/http://www.naukrihub.com/india/fmcg/consumer-class/age/http://www.naukrihub.com/india/fmcg/consumer-class/geography/http://www.naukrihub.com/india/fmcg/consumer-class/geography/http://en.wikipedia.org/wiki/Fast_moving_consumer_goods
  • 7/28/2019 13887261 Dissertation Report

    53/56

    19. *4A= Availability, Affordability, Acceptability, Awareness

    Questionnaire

    1. name:2. occupation:3. monthly salary:

    a. less than 10,000b. 10,000 25,000c. 25,000 50,000d. More than 50,000

    4. address:5. phone no.:

    55

  • 7/28/2019 13887261 Dissertation Report

    54/56

    6. which soap u prefer to use?a. Lux

    b. dettolc. lifebuoyd. others

    7. which pack u prefer to use?a. single

    b. family pack ( 3 in 1)

    8. which tea u prefer to use?a. tata tea

    b. brooke bondc. taj mahal

    d. others

    9. which pack u prefer to use?a. sachet

    b. medium packc. large pack

    10.which tooth paste u prefer to use?a. pepsodent

    b. colgatec. close upd. others

    11.which pack u prefer to use?

    a. small packb. medium packc. family pack

    12.which detergent u prefer to use?a. surf

    b. rin

    56

  • 7/28/2019 13887261 Dissertation Report

    55/56

    c. tided. others

    13.which pack u prefer to use?a. sachet

    b. medium packc. large pack

    14.which shampoo u prefer to use?a. clinic plus

    b. sunsilkc. head & shouldersd. others

    15.which pack u prefer to use?a. sachet

    b. small packc. medium packd. large pack

    16.which biscuits u prefer to use?a. marie gold

    b. good dayc. parle - Gd. others

    17.which hair oil u prefer to use?a. parachute

    b. dabur amla

    c. dabur vatikad. others

    18.which pack u prefer to use?a. small pack

    b. medium packc. large pack

    57

  • 7/28/2019 13887261 Dissertation Report

    56/56

    19.which cream u prefer to use?a. ponds

    b. fair & lovelyc. ayur d. others

    20.which coffee u prefer to use?a. bru

    b. nestlec. Nescafed. others