Professional Documents
Culture Documents
OF
WINTER PROJECT
ON
ANALYSIS OF BRAND PREFERENCE OF SOFTDRINKS IN THE GLOBAL MARKET
AKNOWLEDGEMENT
First & foremost, I am very thankful to Ms.Rupali (Project Gui es! "ho sho"n keen interest in project an #ui e me in project "ork. Further, I "oul also like to thank all the Peoples of Panipat an that all are respon e to survey, "ithout "hom it "oul $e impossi$le for me to complete the project. %ast $ut not the least, my sincere re#ar s to Mrs. Pooja &alia ('.(.), M*+ )eptt.! an all faculty mem$ers of ,.- -olle#e (f .n#ineerin# Israna (Panipat!for their pain stalkin# supervision an o"n ri#ht su##estions "hich $rou#ht a lot of confi ence in me to complete this issertation report.
E*EC"TI+E S"MMARY
(ne of the most competitive market in the "orl at present is the soft rink market in "hich crores of rupees on a vertisement an other promotion activities are $ein# spent.It is one of the many sectors ,re#isterin# stea y #ro"th over a hun re years throu#hout the "orl .In In ia the soft rink in ustry is flourishin# "ell "ith a "i e ran#e of $ran s comprisin# $oth popular0international ,national & re#ional $ran e soft rinks. In present investi#ation , the impact of #lo$alisation on $ran preference of soft rinks & the factor eterminin# the $ran preference are stu ie . Primary ata has $een collecte re#ar in# present stu y of soft rinks throu#h 1uestionnaire in Panipat city.
DECLARATION
I, 3"ati 4athpal, here$y eclare that the )issertation on 5+nalysis of *ran Preference of 3oft )rinks in Glo$al Market6, Panipat assi#ne to me for the re1uirement of partial fulfillment of 5Master of *usiness + ministeration (M*+!6 un er 4urukshetra 7niversity, 4urukshetra. It is the ori#inal "ork con ucte $y me an ata provi e in this stu y is authentic to the $est of my kno"le #e an $elief. 8his report is not su$mitte to any other institute or university for the a"ar of any other e#ree.
INDE*
CONTENTS
+4,(&%.)G.M.,8 .:.-78I;. 37MM+R< ).-%+R+8I(, I,8R()7-8I(, 8( 8(PI3(F8 )RI,4 I,)738R< & I83 *R+,)3 (*?.-8I;. (F 387)< R.3.+R-' M.8'()(%(G< +,+%<3I3 & I,8.RPR.8+8I(, R.37%83 & )I3-733I(,3 %IMI8+8I(,3 (F 387)< -(,-%73I(,3 & 37GG.38I(,3 *I*%I(GR+P'<
PAGE NO
/ 2 9 =
>
1@ 1> // /@ 2A 2/ 29
INTRODUCTION TO TOPIC
INTROD"CTION TO TOPIC
8he In ian soft market is very "i e & $i# to control ,as In ia has all types of seasons & ifferent locations "ith ifferent cultures . 3oft rink in ustry is a massive in ustry "ith a stiff competition. +ll people , irrespective of their a#e & earnin#s , consume soft rinks & are intereste in makin# their o"n choice of soft rink $ran . In mo ern $usiness "orl , ue to the evelopment of science & technolo#y , many ne" $ran s of pro ucts floo the market every year. &hen the ne" $ran s enter into market , some consumer s"itch over to it. 'ence, a stu y on $ran preference $ecomes necessary. 8he purchase ecision lar#ely epen s upon taste, 1uality, 1uantity, price, availa$ility & the like. )ue to #lo$alisation , there are many soft rink $ran s availa$le in the market such asC
INTERNATIONAL BRANDS
COCA COLA BRANDS -oca0cola Fanta 3prite Gol spot %imca MaaDa 8hum$s up PEPSI BRANDS
@
NATIONAL BRANDS
8(RI,( *(;(,8+
LOCAL BRANDS
.<. *R+,) 4+%IM+R4 R7*<
In current scenario, "here the competition is tou#h, consumer choose accor in# to their o"n "ill & pleasure & hence there eEists a preference of $ran . 8he company can achieve the o$jectives & complete in the market, only "hen they satisfy the nee s of the customer $y takin# into account their reasons for $ran preference, factors influencin# it, level of satisfaction, complaints & su##estions.
>
1A
11
1/
8he Pepsi *ran meet heavy competition "ith other *ran s. ((!((/ respon ents prefer Pe01i 7'!'./ respon ents prefer Mi2i4d3 77!77/ respon ents prefer S6i5e
12
78!.)/ respon ents prefer F34t3 /2.AFJ respon ents prefer Co5305o63 ,-!(./ respon ents prefer S02ite ,'!;-/ respon ents prefer M33<3 8!8&/ respon ents prefer Lim53 .!,'/ respon ents prefer T9um1 u0 ,!'(/ respon ents prefer Go6d S0ot
19
1B
;! LOCAL BRAND PREFERENCE: 8he %ocal *ran s of 3oft )rinks face stiff competition after Glo$alisation . *ecause of the Glo$alisation many International *ran s havecome into %ocal Market . 8he %ocal *ran preference is stu ie . LOCAL BRANDSC .<. *R+,) 4+%I M+R4 R7*< 8hrou#h survey it is analyse thatC '8!,(/ respon ents prefer E>e B234d 7-!'8/ respon ents prefer K36i M32?
,(!7)/ respon ents prefer Rub>
1=
1@
8o test the 'ypothesis that there is no association $et"een e ucation & *ran , +,(;+ is use .8he investi#ation have conclu e that $et"een the *ran s there is no ifference . 8hus F08est sho"s that , there is no association $et"een e ucation of the respon ents & their *ran preference .
INTERNATIONAL BRAND
1>
PEPSI
8he company consist of frito0%ay ,orth +merica , Pepsi co *evera#es ,orth +merica , Pepsi co International & Kuaker Foo s ,orth +merica . Pepsi co $ran s are availa$le in nearly /AA countries & territories & #enerate sales at the retail level of a$out L FB $illion . Many of Pepsi coGs *ran names are more than 1AA0years0ol , $ut the corporation is relatively youn# . Pepsi co "as foun e in 1>=B throu#h the mer#er of Pepsi H -ola & Frito0lay . 8ropicana "as ac1uire in 1>>F & Pepsi co mer#e "ith Kuaker (ats -ompany , inclu in# Gatora e , in /AA1. Pepsi co offers pro uct choices to meet a $oar variety of nee s & preferences from Fun 0for 0you items to pro uct choices that contri$ute to heathier lifestyles . Pepsi coGs mission is 58o $e the "orl Gs premier consumer pro ucts company focuse on convenient foo s & *evera#es . 8hey seek to pro uce healthy financial re"ar s to investors as they provi e opportunities for #ro"th & enrichment to their employees , their $usiness partners & communities in "hich they operate . +n in everythin# they strive for honesty , fairness & inte#rity . Pepsi -o is foun e $y )onal M. 4en all , Presi ent & -hief .Eecutive (fficer of Pepsi -ola & 'erman &.%ay , -hairman & -hief .Eecutive (fficer of Frito0%ay , throu#h the mer#er of t"o companies . Pepsi H cola "as create in the late 1F>As $y -ale$ *ra ham , a ,e" *ern , ,,-, Pharmacist . Frito0%ay , Inc. "as forme $y the 1>=1 mer#er of the Frito0 %ay -ompany , foun e $y .lmer )oolin in 1>2/, & the '.&. %ay -ompany , foun e $y 'erman &.%ay , also in 1>2/ . 'erman %ay is -hairman of the *oar of )irectors of the ne" -ompany , )onal M . 4en all is Presi ent & -hief .Eecutive (fficer .8he ne" -ompany reports sales LB1A million & has 1>AAA employees .
/A
/1
COCA COLA
8he pro uct that has #iven the "orl its $est kno"n taste in +tlanta , Geor#ia , on May F , 1FF= . )r. ?ohn 3tith Perm$erton , a local pharmacist , pro uce the syrup for -oca0cola R & carrie a ju# of the ne" pro uct o"n the street to ?aco$sG Pharmacy , "here it "as sample , pronounce 5eEcellent6 & place on sale for five cents a #lass asa so a fountain rink . -ar$onate "ater "as teame "ith the ne" syrup to pro uce a rink that "as 5 )elicious & Refreshin#6 a theme that continues to echo to ay "herever -oca0cola enjoye . 8hinkin# that the t"o -s look "ell in a vertisin# , 5 )r. Pem$ertonGs partner & $ookkeeper M Frank M. Ro$inson , su##este the name & penne the no" famous tra emark 5 -oca0cola6 in his uni1ue script . 8he first ne"spaper a for -oca0cola soon appeare in 8he Atlanta Journal , invitin# thirsty citiDens to try 5 the ne" & popular so a fountain )rink6. 'an H painte oilcloth si#ns rea in# 5-oca0cola6 appeare on store a"nin#s , "ith the su##estion 5)rink6 a e to inform passers$y that ne" $evera#e "as for so a foun ation refreshment . )urin# the first year , sales avera#e a mo est nine rinks per ay . )r. Pem$erton never realiDe the potential of the $evera#e he create .
//
OBJECTIVE OF STUDY
OBJECTI+E OF ST"DY
N 8o stu y the profile of soft rink consumers. N 8o etermine $ran preference of soft rinks in the #lo$al environment. N 8o fin out the factors influencin# $ran preference.
/2
/9
RESEARCH METHODOLOGY
/B
RESEARCH METHODOLOGY
Research Metho olo#y in a "ay is systematic representation of research or any other pro$lem. It is a "ritten #ame plan for con uctin# research. It ten s to escri$e the step taken $y a researcher in stu yin# the research pro$lem alon# "ith a lo#ical $ack#roun .
;! DESIGNING PROCESS
THE
DATA
COLLECTION
P+,IP+8 istrict is one of main istrict of 'aryana. 7sin# convenient samplin# techni1ue from /BA respon ents, urin# the perio /AAB0/AA= , primary ata "as collecte . +ll type of customers are inclu e . )ata collecte "ere analyse statistically.
/=
/@
/F
ANALYSIS : INTERPRETATION
P2oBi6e oB t9e Re10o4de4t1
AGE
A0/A /A02A 2A09A 9A a$ove
NO!
11A FA 29 /=
/
99 2/ 12.= 1A.9
ED"CATION
.%.M.,8+R< 'IG'.R 3.-(,)+R< GR+)7+8. P(38 GR+)7+8.
NO!
1= 1AB F1 /= //
/
=.9 9/ 2/.9 1A.9 F.F
OCC"PATION
-((%I. G(;8. .MP%(<.. P;8. .M%(<.. *73I,.33 M+, PR(F.33I(,+% 387).,8 '(73.0 &IF. 8.-',I-+%
NO!
1= 1F 9A /A 1/ 11= 1F 1A
/
=.9 @./ 1= F.A 9.F 9=.9 @./
INCOME
*.%(&=AAA =AAA0>AAA >AAA01/AAA 1/AAA01BAAA +*(;.1BAA A
NO!
1// =9 2= /A F
/
9>.F /B.= 19.9 F.A 2./
TOTAL
7'&
,&&
TOTAL
7'&
,&&
TOTAL
7'&
,&&
TOTAL
7'&
,&&
/>
2A
LE+EL OF SATISFACTION
8o analyse the level of satisfaction of the consumers to"ar s the 3oft )rinks, an Investi#ation has $een ma e .
/3Ce
9AJ /F.FAJ /FJ 2./AJ
LE+EL OF SATISFACTION
'i#hly satisfie "ith 1uality of 3oft )rinks. 'i#hly satisfie . Mo erately satisfie . 3atisfie to lo"est eEtent.
9AJ of the -onsumers are very hi#hly satisfie "ith the 1uality of 3oft )rinks.
CORRELATION ANALYSIS
21
8he Price & satisfaction level play the most important role in the purchase of 3oft )rinks . 8he level of 3atisfaction of -onsumers are measure as hi#h, me ium & lo" . 8he follo"in# 'ypothesis is frame i.e. there is a close relationship $et"een Price & 3atisfaction level . 8o test this 'ypothesis , the -orrelation analysis is use . 8he result of correlation analysis is rP A.@A since, there is a fairly #oo Positive -orrelation , the 'ypothesis is accepte & the Price & level of satisfaction are closely associate . 8here eEists linearity $et"een the Price & level of satisfaction .
2/
22
RES"LTS : DISC"SSIONS
8he 3oft )rinks Market till early 1>>As "as in the han s of omestic players like 4alimark , Mappillai ;inaya#ar , Ru$y & .ye *ran etc, $ut "ith the openin# up of Multi ,ational -ompanies , Pepsi & -oke *ran s enter into the Market . Pepsi scores over -oke . Pepsi entere In ian Market in 1>>1 & -oke re H entere in 1>>2 . Pepsi has $een tar#etin# its pro ucts throu#hout the year O the sales reache Rs. 22/.21 crores $y /AA9 itself . -oke on the other han stru##le initially in esta$lishin# itself in the market & sales coul only reach Rs. 1>> crores $y /AAB . ,on0alcoholic 3oft )rinks $evera#e Market can $e ivi e into 3oft )rinks & Fruit )rinks . 3oft )rinks can $e further ivi e into car$onate & ,on0 car$onate )rinks . -ola , lemon & (ran#es are car$onate rinks , "hile Man#o )rinks come un er ,on H car$onate cate#ory . 8he 3oft )rink Market can also $e se#mente into -ola pro ucts & non0cola pro ucts . -ola pro ucts alone account for aroun =A percent of the total 3oft )rinks Market . 8he *ran s that fall un er this cate#ory are Pepsi , -oca0-ola & 8hums up , )iet -oke & )iet Pepsi . ,on0-ola se#ment $ase on flavour are oran#e , clou y lime , clear lime & Man#o. (ran#e flavour $ase 3oft )rinks constitute aroun 1@ percent. 8he se#ment is lar#ely ominate $y ,ational $ran s like Fanta of -oca0-ola & Mirin a (ran#e of Pepsi co , "hich collectively from 1B percent of the Market & rest of the Market is in the han s of smaller *ran s like -rush , Gol 3pot etc. -lou y lime flavour is lar#ely ominate $y %imca of -oca0-ola & Mirin a lemon of Pepsi co. -lear time se#ment of the Market "itnesse #oo #ro"th initially . 8he *ran s availa$le in this se#ment are @up of Pepsi & 3prite of -oca -ola . 8his se#ment constitutes 2 percent of the total 3oft )rink Market . Man#o flavour se#ment constitutes / percent of the total 3oft )rinks Market & it irectly competes "ith man#o $ase fruit like Frooti . 8he lea in# *ran s in this se#ment are MaaDa of -oca -ola & 3lice of Pepsi . 3oft )rinks are availa$le in #lass $ottles , aluminum cans , pet $ottles & isposa$le containers for omestic consumption.
29
8he hot & humi climate of 8amil ,a u is a favourite #roun for 3oft )rink Market in In ia . 8he 3oft )rink Market for $oth -oke & Pepsi , $ecause it contri$utes upto F percent of their total sales on all In ia level . In /AA2 , the 3oft )rink in ustry poste a volume #ro"th of only =J overall , accor in# to the ne" $evera#e )i#est Q MaE"ell all0 channel ata. 8hat #ro"th rate represents a sli#ht ecrease from /AA/Gs #ro"th rate ran#e of /J 0 9J throu#h out the 1>>As. In /AA2 , the in ustryGs total sales "ere Rs. =2.F $illion , & total volume "as 1AJ $illion cases .
2B
LIMITATIONS OF STUDY
2=
LIMITATIONS OF ST"DY
It is very small research, "hich may $e insufficient to #ive the real picture scope of the $ran preference in panipat an its catchment area. 8he research is $ase on collecte ata an the researcher is not responsi$le for any "ron# inference ra"n ue to the incorrect fillin# of the 1uestionnaire $y the respon ents. 8he metho of result is also limite to the relia$ility of metho of investi#ations, measurement an analysis of ata. People "ere not intereste in fillin# 1uestionnaire properly.
2@
2F
CONCL"SIONS : S"GGESTIONS
+fter #lo$alisation most of the respon ents (1BB,F/J! like the international $ran . BF.A=J of the respon ents prefer Pepsi $ran , Fanta is like the most . +mon# the Pepsi $ran s, Pepsi (99.99J! has more patrona#e. +mon# -oca0-ola $ran Fanta is like much. ,early BF.22J of the respon ents take torino in national level $ran . In local level soft rinks (B@.19J! .ye has more sales. 8he F H8.38 reveals that there is no association $et"een a#e, e ucation, occupation & the choice of $ran s. *ut there is association $et"een monthly income & $ran preference . 9AJ of the consumers are 1uite satisfie "ith the 1uality of the soft rink. 8he correlation analysis reveals that there is a close relationship $et"een price & satisfaction level. It is su##este that the companies manufacturin# soft rinks must manufacture hi#h 1uality soft rink "ith (ran#e taste, in or er to compete "ith multi national companies.
2>
BIBLIOGRAPHY
9A
BIBLIOGRAPHY
""".$ran repu$lic.com
91