WITH REFERENCE TO FMCG SECTOR A SYNOPSIS Of the DISSERTATION Submitted to BANGALORE UNIVERSITY For the award of the Degree of MASTER OF BUSINESS ADMINISTRATION SUBMITTED BY VEMULA DILEEP CHOWDARY (12CQCMA152) UNDER THE GUIDANCE OF MRS.AYASHREE D!"!#!#$! S!%!& C'(()%) '* M!#!%)+)#, !#$ I#*'&+!,-'# T)./#'('%" Shavige Malleshwara Hills, !S! la"out, #a"out, $a%galore & '()))*+ A,ademi, -ear. /)0/./)01 INTRODUCTION0 Toda" 23elebrit" E%dorseme%t2 has attra,ted imme%se debate o% whether it reall" ,o%tributes to the bra%d buildi%g 4ro,ess or whether it is 5ust a%other tool to ma6e the bra%d more visible i% the mi%ds of the ,o%sumers! Although it has bee% observed that the 4rese%,e of a well.6%ow% 4erso%alit" hel4s i% solvi%g the 4roblem of over.,ommu%i,atio% that is be,omi%g more 4romi%e%t these da"s, there are few u%desirable im4a,ts of this 4ra,ti,e o% the bra%d! The theories li6e 2Sour,e 3redibilit" Theor", Sour,e Attra,tive%ess Theor" a%d Mea%i%g Tra%sfer Theor"2 4rovide a basis o% whi,h the methodolog" of ,elebrit" e%dorseme%t wor6s a%d also e74lai%s how the 4ro,ess of the ,elebrit" e%dorseme%t i%flue%,es the mi%ds of the ,o%sumers! Firms i%vest huge amou%ts as advertisi%g e74e%diture for hiri%g the right ,elebrit"! However there lies u%,ertai%t" with res4e,t to the retur%s that the ,om4a%" might be able to gar%er for the bra%d! The issue of mat,hi%g the values of the ,elebrit" with the bra%d values is also ver" im4orta%t, i!e! getti%g the right ,elebrit" to e%dorse the right bra%d! 3o%sumers 4er,eive the bra%d as havi%g su4erior 8ualit" be,ause it has bee% e%dorsed b" a ,redible sour,e! This ma6es e%dorseme%t as o%e of the i%di,tors of 8ualit" for a%" bra%d! 3or4orate ,redibilit" alo%g with e%dorser ,redibilit" 4la"s a sig%ifi,a%t role i% the attitude of the ,o%sumer towards the bra%d a%d the advertiseme%t res4e,tivel"! O% the other ha%d, the over 4o4ularit" of the ,elebrit" sometimes overshadows the bra%d! If the ,elebrit" is i%volved i% multi4le e%dorseme%ts, it te%ds to ,reate ,o%fusio% amo%g ,o%sumers a%d he%,e %egativel" affe,ts the 4er,e4tio% of the advertiseme%t a%d the bra%d! He%,e, to sa" ,learl" whether the 4ra,ti,e of ,elebrit" e%dorseme%t im4a,ts 4ositivel" or %egativel" to the bra%d still remai%s a debate! PROBLEM STATEMENT To stud" the im4a,t of ,elebrit" e%dorseme%t towards the 4ur,hase behavior of FM39! O% the basis of this 4roblem stateme%t, the followi%g s4e,ifi, ob5e,tives have bee% ,r"stalli:ed! OBECTIVE OF THE RESEARCH To ide%tif" whether ,elebrit" e%dorseme%t has a%" im4a,t i% the 4ur,hase behavior of FM39! To fi%d out the im4orta%,e of ,elebrit" e%dorseme%t i% the 4romotio% of a 4rodu,t! To fi%d out whether ,elebrit" e%dorseme%t ,o%stitutes for bra%d re,all a%d bra%d aware%ess! To ide%tif" the fissures a%d faults i% ,elebrit" e%dorseme%t! RESEARCH DESIGN The resear,h stud" first e7ami%es the various fa,ets of ,elebrit" e%dorseme%ts a%d the im4a,t o% the 4ur,hase behavior of the FM39! A thorough literature surve" has bee% made i% light of all the thi%gs surrou%di%g the ,elebrit" e%dorseme%t! The% a surve" is ta6e% amo%g the ge%eral 4ubli, with a sam4le to arrive at several ,o%,lusio%s regardi%g the im4a,t of bra%d ambassadors towards the 4ur,hase behavior of FM39! SAMPLE SI1E The ,hose% sam4le si:e is of 0)) ,o%sumers of FM39 betwee% the ages 0*.;)! SAMPLE DESCRIPTION The data ta6e% for stud" is a ,o%ve%ie%t sam4le re4rese%ti%g the "outh of toda", so that a 4ro4er ,o%,lusio% ,a% be rea,hed! The target is "outh aged betwee% 0*.;) INSTRUMENTATION TECHNIQUES The 8uestio%%aire te,h%i8ue is used for the surve" a%d the reaso%s for usi%g this a44roa,h are It ,overs wide area It is %ot a% e74e%sive affair Origi%al data ,ould be obtai%ed It is free from all bias Eas" to tabulate a%d u%dersta%d COLLECTION OF DATA Data has bee% ,olle,ted from both 4rimar" a%d se,o%dar" sour,es! <rimar" data is ,olle,ted b" the 8uestio%%aires a%d 4erso%al observatio%! Se,o%dar" data is ,olle,ted b" the referri%g to several 5our%als, boo6s, i%ter%et, maga:i%es, et,, LIMITATION The data is restri,ted to $a%galore Time ,o%strai%t Results are 4urel" based o% 4rimar" i%formatio% The a%al"sis a%d i%ter4retatio% is made u%der the assum4tio% that data are a,,urate CONTENTS CHAPTER PARTICULARS 0! INTROD=3TION /! RESEAR3H DESI9N ;! 3ON3E<T OF $RANDIN9 1! IM<A3T OF 3E#E$RIT- ENDORSEMENT ON THE O>ERA## $RAND '! FM39 IND=STR-? AN O>ER>IE@ (! IM<A3T OF $RAND AM$ASSADORS IN
FM39 IND=STR- *! ANA#-SIS AND INTER<RETATION +! S=MMAR- OF FINDIN9S, RE3OMMENDATIONS AND 3ON3#=SIONS