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Projcet On Packaged Drinking Water Compny
Projcet On Packaged Drinking Water Compny
PROJECT REPORT
ON
"A Market Research for the Brand Awareness and Competitive Analysis of
Packaged Drinking Water"
FOR
"Shree Industries Pvt.ltd Latur (Meridian aqua)"
BY
"MR. Ingle Rahul Mahadev"
SUBMITTED TO
"UNIVERSITY OF PUNE"
IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF THE
DEGREE OF MASTER OF BUSINESS ADMINISTRATION (MBA)
2010-2012
THROUGH
VIDYA PRATISHTHAN'S INSTITUTE OF INFORMATION TECHNOLOGY,
BARAMATI, 413 133.
CERTIFICATE
This is to certify that Mr. Ingle Rahul Mahadev is a bonafide
student of our Institute. He has successfully carried out his Summer Project
entitled A market research for the brand awareness and competitive
analysis of packaged drinking water for Shree industries Pvt.ltd
Latur
This is the original study of Mr. Ingle Rahul Mahadev. The
report is submitted in partial fulfillment of the requirement for the award of
the degree of Master of Business Administration (MBA) 2010-2012 as per
the rules of the Pune University.
Dr. A. B. Kharpas
(H.O.D. , V.I.I.T)
Signature
1.__________________________________
_____________
2.__________________________________
_____________
GUIDE CERTIFICATE
This is to certify that Mr. Ingle Rahul Mahadev has completed his project on
A market research for the brand awareness and competitive analysis of packaged
drinking water with special reference to Shree industries Pvt.ltd Latur under my
guidance satisfactorily.
The project work is of original nature and not copied from any other earlier project work
and further no part of it has been submitted to any other University as a Partial
fulfillment of condition for passing any examination.
Place: - Baramati
Date: -
DECLARATION
I undersigned hereby declare that the summer project under the title A market
Research for The Brand Awareness and Competitive Analysis of Packaged
Drinking Water. Written and submitted under the guidance of Prof. Deepak
Bachuwar is my original work. The empirical findings in this work are based on the
data collected by myself. While preparing this report, I have not copied contents form
any other report or source.
I have prepared this report independently and I have gathered all the relevant
information personally.
I have prepared this project for partial fulfillment of M.B.A. (Marketing) Post Graduate
Course.
I also agree in principle not to share the vital information with any other person outside
the organization and will not submit the project report to any other university.
Place-
Date-
ACKNOWLEDGEMENT
4
INDEX
Page No.
Company Profile
Research Methodology:
Limitations
Bibliography
10
Annexure
Chapter No.1
Introduction of the study
The Researcher has completed his project in Shree Industries Pvt.ltd. Latur
under the title of A Market Research for The Brand Awareness and Competitive
Analysis of Packaged Drinking Water Industry. The shree industries Pvt.ltd.
(Meridian Aqua) is the well recognized and leading packaged drinking water company
in India.
The researcher has carried out his study in the Brand Awareness and Competitive
Analysis of present situation in the market. There are near about four (4) competitors
are present in the market at the present time in the area of the Latur district of
Maharashtra. The data collected from the 06 Talukas of the Latur district, the data
collected from the distributors, retailers, and customer. It include the interacting with
all for brand awareness, and study the present practices by various companies for
brand awareness and customer satisfactions, creating the brand awareness through one
by one interaction and also the impact of the customer complaints on the brand image.
The study of the various customer complaints solves practices in the industry.
In this competitive era it is very essential for any business organization to keep them
update with the all market information to face the customer and satisfy there need &
demands. In this ever changing world of marketing its very important that to study
the competitors analytically, in that study the actual product of the competitors, study
the existing marketing strategy to promote and sell the product. Acquired the
knowledge and information as a feedback to increase the market share and maximize
the profit.
The company has planned to the strengthen distribution network & home delivery
service, credit & pricing policies their market position and also meets the customers
demands and try to satisfy them. Initially interacting within the dealers, distributors and
customer to one by one interaction for the brand awareness. To analyses the position of
the brand in the existing market. After the data collection of the researcher has analysis
and interpreted it in from of table, charts & graphs.
The researcher has found the major findings after interpretation and given the
suggestions to the organization such as to develop the brand and create the No 1
position in the Packaged Drinking Water in the Latur market.
Analytical and comparative study of existing top competitors in market in the
specific geographical area. Analysis the performance on their brands and respective
products in the market and the brand awareness among distributors, dealers,
customers. This can be done by carrying observation, personal interview and
questionnaire and person to person interaction for brand awareness and to know the
satisfaction level of customer.
Doing so researcher as marketing students get a brief exposure of marketing
management by understand perception and motives to drag to the middlemen and
customers. After the analysis and interpretation of data it is found that the almost 50 -
60% of the customers aware of the brand and they are satisfy with the products and
its performance and after sales service and various offers provided by companies
staff. In overall findings shree industries pvt.ltd.(meridian aqua) having the second
position in Packaged drinking water industry market in the specific geographic
region and company has to strengthen their distribution network because demand for
the Meridian aqua for all varieties in the market day by day.
Brand awareness is a measure of how many people in a target market know that a
brand exists. It is usually expressed as a percentage of the demographic of interest.
Companies work hard to promote and maintain brand awareness, especially when
they make products that compete with numerous similar products. By having a
memorable brand that stands out, a company can increase the chance that consumers
will purchase its products when presented with a choice between the known brand
and lesser known or unknown brands.
There are two components of brand awareness. The first is brand recall, which refers
to whether or not people can name a brand or are vaguely familiar with it. Brand
recall can be measured in two different ways. People can be asked to name a list of
brands associated with a particular product or idea or they can be prompted with
specific brands and asked if they are familiar. A marketing researcher might ask, for
example, for a list of sodas, or ask a subject if the brand Pepsi is familiar
Brand recognition is the other facet of brand awareness. Recognition refers to how
well people connect a brand with products, ideas, tag lines, and other attributes.
Consumers may know a brand's name, but nothing else about it, in which case the
product has poor brand recognition. On the other hand, people who associate a
characteristic like safety, luxury, or a company tagline with a product are
demonstrating brand recognition. They are familiar both with the brand itself and
with traits associated with it.
When companies study brand awareness, they look at both positive and negative
perceptions of the brand. In this case, bad publicity is still publicity, and even
when people have negative opinions about a brand, they are still aware of it.
Understanding negative perceptions can also allow a company to address those
perceptions with targeted marketing campaigns and other steps. Such campaigns may
change consumer opinions and promote positive brand recognition.
In the present packaged drinking water market in the market place there are almost 250
national & also multinational packaged drinking water companies .in this throat
condition each company want to take a competitive advantage of the others and want to
acquire the no.1 market share . during this project work we have trying to analyze the
Latur dist market situation ,and conducted the competitive analysis for the same, we
found that in Latur district of the (Maharashtra) the Sunrich Aqua (Maharashtra
Company) is the market leader in the Latur market and the Shree Industries Pvt.ltd. is at
the no second position.
Top 3 competitors are as follows:1] Mundada foods pvt.ltd. (sunrich)
2] Mahlaxmi beverage pvt.ltd (Oxyfresh)
3] Kirti gold pvt.ltd. (Kirti gold)
The shree industries pvt.ltd. Has very good response in the market, the brand image is
very good, but they have to work on the brand awareness program and also strengthen
there distribution network. Made boxes available at every shop with affordable price
with imperative advertizing , and try to satisfy customers demand.
10
Chapter No. 2
Objectives of the study
11
To find out the market share of various companies in packaged drinking water.
3.5 Scope of the study :At the present situation in the packaged drinking market there are almost 12 to 13
companies .so in this competitive it is very essential to know the market situation .for
12
that purpose the brand awareness &competitive analysis is very significant through this
analysis organization will also create there marketing strategies that will generate a asset
which will provide a distinct and enduring competitive advantage.
The study is carried out in Latur district in the Maharashtra state.
13
Chapter No. 3
Company Profile
COMPANY PROFILE
Name and Address of Company:
14
15
Water is a chemical substance with the chemical formula h2o water covers
70.9% g the earth surface and is vital for the all known forms g life clear drinking water
is essential to human being and other life forms. Access to safe drinking water has
improved steadily & substantially over the last decades in almost every part g the world.
There is a clear correlation between access to safe water and GDP per capita. However
some observers have estimated that by 2025 more than half h the world population will
be facing water based vulnerability. Water plays an important role in the world economy,
as its function as a solvent far a life variety g chemical substances and fertilities
Industrial cooling & Transportation. Approximately 70% g earth water Is consumed by
mast g the disease caused by the drinking impure water.
Purification Process
Purification System
Impure water might-be contains all types g chemical and biological impurities like mere
mineral and microorganisms respectively. In our state g the art purification system all
these such Impurities totally removed.
1.
2.
3.
4.
5.
6.
7.
Purification Stages
pretreatment :- Disinfection or scale deposition.
water softener:- softening g water.
media fitter:- sand & carbon filter.
Prefilled :- 5 ll & 10 ll filters.
Reverse osmosis :-control TDS sand soul purifier.
Post filtrsfion :-0.2 ll filter.
Disinfection:-u. v. radiation & ozone treatment.
Profile
Shree industries is dedicated for developing and supplying quality packaged drinking
water for the customer of India. Having strong research activities in various regions of
India with the inputs of expert team development & research for improving taste and
quality packaged drinking water.
Shree industries (Meridian aqua)
16
knowledge was
available in India. Founder of the company Mr.S.D.Kadam with his great vision to fulfill
the need of quality Packaged drinking water, started drinking water research in short day
1 ltr ,1/2 ltr, 2ltr bottles are available and choice with various areas in Latur.
Our Network
Meridian aqua is reaching to every part of Maharashtra and for providing quality water
and service to the small scale and medium to big customers through the network of our
more than 20 dealer and distributor in Maharashtra. We provide support to our dealer
and distributors with the help of strong marketing and sales expert team respondents one
third of companys workforce. The marketing and sales team is qualified and
professionally experienced in industry. To supply packaged drinking water within the
required time, quick and safely with excellent logistics.
List of talukas
1) Ahmadpur, Ausa, Latur, Renapur, Chakur, Nilanga, Udgir, Jalkot, Shirur antapal,
Deoni
17
Chapter No.4
Review of Literature
REVIEW OF LITERATURE
4.1 BRAND AWARENESS:The ultimate goal of most businesses is to sales and income. Ideally, you want to
attract new customers to your products and encourage repeat purchases. Brand
18
awareness refers to how aware customers and potential customers are of your business
and its products. Achieving successful brand awareness means that your brand is wellknown and is easily recognizable. Brand awareness is a crucial to differentiating your
product from other similar product and competitors.
The likelihood that consumers recognize the existence and availability of companies
product or service. Creating brand awareness is one of the key step in promoting a
product. Brand awareness is an important way to promoting commodity related product.
This is because for this product, there are very few factors that differentiated one product
from its competitors. Therefore, the product that maintain the highest brand awareness
equates to higher sales and also serve an economic moat that prevents competitor from
gaining more market share.
Brand awareness is a measure of how many people in a target market know that a brand
exists. It is usually expressed as a percentage of the demographic of interest. Companies
work hard to promote and maintain brand awareness, especially when they make
products that compete with numerous similar products. By having a memorable brand
that stands out, a company can increase the chance that consumers will purchase its
products when presented with a choice between the known brand and lesser known or
unknown brands.
There are two components of brand awareness. The first is brand recall, which refers to
whether or not people can name a brand or are vaguely familiar with it. Brand recall can
be measured in two different ways. People can be asked to name a list of brands
associated with a particular product or idea or they can be prompted with specific brands
and asked if they are familiar. A marketing researcher might ask, for example, for a list
of sodas, or ask a subject if the brand Pepsi is familiar.
Brand recognition is the other facet of brand awareness. Recognition refers to how well
people connect a brand with products, ideas, taglines, and other attributes. Consumers
may know a brand's name, but nothing else about it, in which case the product has poor
brand recognition. On the other hand, people who associate a characteristic like safety,
lingerie, luxury, or a company tagline with a product are demonstrating brand
recognition. They are familiar both with the brand itself and with traits associated with
it.
19
When companies study brand awareness, they look at both positive and negative
perceptions of the brand. In this case, bad publicity is still publicity, and even when
people have negative opinions about a brand, they are still aware of it. Understanding
negative perceptions can also allow a company to address those perceptions with
targeted marketing campaigns and other steps. Such campaigns may change consumer
opinions and promote positive brand recognition.
4.1.1 BRAND AWARENESS PLAN:
The major components of a plan to develop brand awareness are:
Targeting the right audience to crucial to your success. That you need a plan along with
specifics actions that increase awareness of your brand amongst your customers.
Throughout the entire process of creating a brand, it is of utmost importance to consider
how that you do will increase brand awareness.
4.1.2 WHY BRAND AWARENESS IS IMPORTANT:
Why pay more for products rather than from a less expensive alternative?
In future, and for the sake of your business, it is your best interests to take action to
increase awareness of your hand. It is important to keep working at the issues and
activities identified above .pay attention to how customers are responding to products
and packaging, displays and messages. Look for way to improve the image you are
trying to get across. Ask your customers for suggestions.
Work to maintain a consistent position in the market place. This can mean a location and
regular times where customers can reliably expect to find you.
4.1.3 ADVERTISING:
20
Obviously advertising is an important way to have your brand and products become
known to consumers. But the message conveyed at the place of purchase is equally
important and should leave your targeted customers with a consistent impression of your
business and its products.
4.2 COMPETITIVE ANALYSIS:
Competitive analysis is the process of the identifying the performance and marketing
strategy of the competitive brands or products in the market place. In order plan and
effective marketing strategy, marketers need to know that about the competitive
environment and to find out
21
22
23
High start-up costsIn many cases, this barrier is the most daunting one for small
businesses
Market saturationIt is a basic reality that it is more difficult to carve out a niche in a
crowded market than it is to establish a presence in a market marked by relatively light
competition
24
"Realistically, few barriers to entry last very long, particularly in newer industries,"
concluded Abrams. "Even patents do not provide nearly as much protection as is
generally assumed. Thus, you need to realistically project the period of time by which
new competitors will breach these barriers."
4.2.7 BUILDING STRATEGIC PLANS TO IMPROVE MARKETPLACE
POSITION:Once a small business owner has attended to the above requirements of
competitive analysis, he or she can proceed with the final element of the practice:
building a strategic plan that reflects the findings. Strategic plans should touch on all
areas of a business's operations, including production of goods and/or services,
distribution of those goods and/or services, pricing of goods and/or services, and
marketing of goods and/or services.
25
Patents-these provides some protection for the new products and processes
High start up cost-in many cases, this barriers is the most daunting for the small business
Market saturation it is a basic reality that it is more difficult to curve out a niche in a
crowded market than it is to establish a presence in a market by relatively light
competition
4.2.13 COMPETITOR ARRAY
One common and useful technique is a constructing a competitors array.
26
Determine who are your customers are and what benefit they expect
Rank the key success factors by giving each one a weighting the sum of all the
weightings must add up to one
Product line
Reserve engineering
4.2.14 MARKETING:
Segments served ,market shares, customer base, growth rate, and custom loyality
Promotional mix, advertising, sales force success rate
Distribution channel used (direct & indirect), exclusivity agreements, alliances and
geographical coverage, mode of transportation.
27
Marketing strategies.
Through your competitive analysis you will solve to create a marketing strategy that will
generate an asset which will provide you with distinct and enduring competitive
advantage.
The competitive strategy is usually fall into these five areas:
1
Product
Distribution
Pricing
Promotion
Advertising
Strategies primarily resolve that around establishing the point of the entry in the product
life cycle and endurable competitive advantage .As we have already discussed the
defining the elements that will set your product apart form your competitors groups.
You need to establish this competitive advantage. Clearly so the reader understand
not only how you will accomplish your goals but why your
28
Chapter No. 4
Research Methodology
Research Methodology
29
5.1 RESEARCH:Research is defined as The process which includes defining and redefining
problems, formulating hypothesis or suggested solutions; collecting, organizing and
evaluating data; making deduction and reaching conclusion; and at the last carefully
testing the conclusions to determine whether they fit the formulating hypothesis.
-Clifford Woody
The research is an original contribution to the existing stock of knowledge making for its
advancement. It is the pursuit of truth with the help of study, observation, comparison
and experiment.
Research Methodology is a way to systematically solve the research problem. It may be
understood as a science of studying how research is done significantly. In it we study the
various steps that are generally adopted by a researcher in studying his research problem
along with the logic behind it. Research design plays an important role in collecting
useful information in cost effective manner. The flow of the research process is decided
first hand, so that the conduct of the research does not take an incorrect diversion from
its objective. Research comprises defining and redefining problems, formulating
hypothesis, collecting, organizing, evaluating data; making deduction and reaching
conclusion and at last carefully testing the conclusion to determine whether they fit the
formulated hypothesis:
Research Methodology consists following:
Hypothesis
Hypothesis simply means a mere assumption or some supposition to be proved
or disproved but for researcher it is a formal question that he intends to resolve.
Hypothesis of the project is the assumption or a proposition made by the project. A
hypothesis consists either of a suggested explanation for a phenomenon or of a reasoned
proposal suggesting a possible correlation between multiple phenomena.
The assumption be true or false is to be proved through completion of project.
30
1.
2.
3.
4.
FORMULATING HYPOTHESIS
RESEARCH DESIGN
DATA COLLECTION
ANALYSIS OF DATA
RESEARCH DESIGN:
31
Research design is nothing but the master plan for the actual research. It is a
frame work for carrying out research activities it comprises of series of prior decisions.
Master plan for this research for as follows:TYPE OF RESEARCH DESIGN:
There are three types of research design
(a) Exploratory
(b) Descriptive &
(c) Causative
These categories differ significantly in terms of research purpose. The type of
research conducted is Causative Research. Causative research is done to establish a
cause and effect relationship, for example, the influence of income and lifestyle on
purchase decisions. The researcher may like to see the effect of rising income and
changing lifestyle on consumption of selected product. The consumer may taste the
hypothesis that, as income increases or lifestyle changes, more elite and state of the art
products are likely to be bought.
5.4 DATA SOURCES:
There are several ways of collecting the data, which differ considerably in context of money, time
and other resources at the disposal of researcher.
There are mainly two type of data:
A) Primary Data
B) Secondary Data
Interview Method:
32
In this method the group of people is selected and the prepared questionnaires are
asked to them. Questions can be the open ended or close ended or both.
In this methods the past data of the company is collected such market area,
distribution channels, product costing etc. Also we get the information about the growth
the company.
This is of the latest methods of data collected. We can collect the information like
Company history, the product range of the company, company objectives and welfare
activities of company etc.
Sampling Techniques: (Random Sampling)
These are the techniques used to decide the type and size of the samples used for
the data collection. Samples are collected randomly.
33
sampling, as this was the area where company was having the large sale of meridian
aqua in the Latur District. Record, internet and websites and by referring magazines,
reference books, journals, daily newspapers & records of other companies etc.
TAHSILS:- 10
Name of the: Talukas
1) Ahmadpur
2) Ausa
3) Latur
4) Renapur
5) Chakur
6) Nilanga
7) Udgir
8) Jalkot
9) Shirur antapal
10) Deoni
34
2.GRAPHS :- Graphs representing the information in two i.e. X axis & Y axis.
35
6
5
4
3
2
1
0
Series 1
Series 2
4
go
ry
Ca
te
go
ry
2
Ca
te
eg
or
y
Ca
t
Ca
t
eg
or
y
Series 3
3.CHART: The pie charts are the tool of interpretation, which representing information
in the segments. It differentiates between the data by varying colors.
Sales
1st Qtr
2nd Qtr
3rd Qtr
4th Qtr
36
CHAPTER NO 5
DATA ANALYSIS AND INTERPRITATION
37
38
Respondents
Percentage
Yes
50
100
No
39
6.1.1 B) Brand awareness regarding the companies of packaged drinking water in Latur
city?
Table no. 6.1.1(B)
Respondents
Yes
No
Total
33
17
50
41
09
50
30
20
50
24
26
50
16
34
50
Companies
Meridian Aqua
Sunrich Aqua
Oxy Fresh
Kirti Gold
Other
Yes%
66
82
60
48
32
Percentage
No%
Total%
34
100
18
100
40
100
52
100
68
100
the
r
O
irt
iG
old
K
xy
Fr
es
h
Respondents Yes
Respondents No
M
er
idi
an
Aq
ua
Su
nr
ich
Aq
ua
45
40
35
30
25
20
15
10
5
0
Conclusion
The brand awareness is very important part of any organization and with the help of various
advertizing campaigns company tries to increase their brand awareness among the customers.
The Meridian aqua company of packaged drinking water is on the 2 nd position in brand
awareness and the Sunrich aqua is having the maximum brand awareness. So from the above
40
data we conclude that these companies are taking more efforts on the advertizing and the other
activities which are helpful for brand awareness.
Answers
Meridian Aqua
Sunrich Aqua
Oxy Fresh
Kirti Gold
Other
Total
Respondents
12
16
08
04
10
50
Percentage
24
32
16
08
20
100
20%
24%
Meridian Aqua
Sunrich Aqua
8%
Oxy Fresh
Kirti Gold
16%
Other
32%
Conclusion
The Sunrich aqua is the very high demand in the targeted market after that the customers
are prefer the product of meridian aqua so on the above data we said that the both the
41
companies are always try to attract their customers and they always try to increase the
availability of their product where the product demand is high.
Amount in Rs.
Respondents
Percentage
15
12
24
30
23
46
45
07
14
60
08
16
Total
50
100
Interpretation
This point shows the information about the daily expenses of customers on the packaged
drinking water. with the help of this data, company tries to find out the exact calculation of
customers expenses on their product and if the customers spent more money on the small
products then they try to convince their customers to purchase the other products which are
available in less investment and get large benefits.
Graph no. 6.1.3
Chart Title
16%
24%
14%
Answers
15
30
45
46%
60
42
Conclusion
Form the above data we see that most of the customers spent 15-30 Rs daily on the
packaged drinking water products. Most of the customers purchase 1 liter bottle daily for
drinking purpose. If they spent Rs 15-30 on the 1 liter bottle then the company has other
better choices in the same price like 20 liter normal jar as well as chilled jar.
Respondents
04
17
02
13
14
50
Percentage
08
34
04
26
28
100
43
Chart Title
Answers
28%
1 ltr bottle
8%
2 ltr bottle 20 ltr jar
34%
26%
4%
Conclusion
The most popular size of the packaged drinking water which is being sold in the market is in the
range of 1 ltr , 1/2ltr .& 20 ltr jar. These are the most demanded drinking water sizes prefered in
all the season. The demand for the exitic drinking water is quite normal. 20 liter Chilled jar is
the seasonal product.The result of this question is that most popular size of the packaged
drinking water is 1ltr bottle so company has to produce more quantity to fulfill the ever
increasing demand.
Respondents
18
12
05
13
02
50
Percentage
36
24
10
26
04
100
Interpretation
In the current marketing scenario every company tries to make the customer loyal with
their brand and for that they always take the various surveys and get the feedback of the
customers to find out the reasons behind purchasing the product i.e. easy availability,
44
low price, more quantity, good taste or etc and with this information they make the
strategies to improve the key areas where they are lacking.
Graph no:-6.1.5
4%
Price is reasonable
Quality is satisfied
Dont purchase
26%
Taste is satisfied
Easy available
36%
10%
24%
Conclusion
This above data shows that most of the customers purchase the product because of the low price
of the product and it is easily available. so if the company wants to increase their sale they have
to make the product available in the every segment and with the low price.
Respondents
Percentage
Yes
29
58
No
05
10
Sometimes
16
32
Total
50
100
45
32
Sometimes
No
10
58
Yes
Conclusion
From the above data we conclude that 20 liter jar is the product which is consumed by the 58 %
of the customers who uses the packaged drinking water products. And there is high competition
between the companies for this product and the customers prefer the brand when they get the
product on time and with good quality.
Q.6.1.7) satisfaction level among customers regarding the home delivery services of
20 ltr jar.
Table no:-6.1.7
Satisfaction level
Strongly satisfied
Satisfied
Neutral
Dissatisfied
Strongly Dissatisfied
Total
Respondents
09
16
14
08
03
50
Percentage
18
32
28
16
06
100
46
Graph no:-6.1.7
28
18
16
St
ro
ng
ly
Di
ss
ati
sfi
ed
eu
tra
l
N
St
ro
ng
ly
sa
tis
fie
d
Conclusion
The home delivery services are provided by all the packaged drinking water companies and they
try to satisfy their customers by providing quality services within the prescribed time limit. The
conclusion for this point shows that most of the customers are satisfied with this home
Respondents
07
19
11
04
09
50
Percentage
14
38
22
08
18
100
Interpretation:Success of the any company depends on the satisfaction level of the customers and the
retailer who makes them satisfied with the proper supply of products within time and
47
when needed. From this table we see that the most of customers i.e. 38% are satisfied
and after that 32% are natural with the brand meridian aqua.
Graph no:-6.1.8
Neutral
Conclusion
The customers are the main part of every company, who make the company successful
with maximum purchasing of the product. Most of the customers are satisfied with brand
meridian aqua. Now further company will be try to satisfy the neutral and dissatisfied customer
by solving the problems which are faced by the customers.
Q.6.1.9) Did you see any promotional campaign or advertize of packaged drinking
water?
Table no: - 6.1.9
opinion
Yes
No
Total
Respondents
39
11
50
Percentage
78
22
100
Interpretation
The advertizing is the inseparable part of any company the advertizing is showing by
any company for increasing the sale, brand awareness, brand perception etc. the most the
48
companies are trying to increase the sale as well as the brand image so they have to
advertize more. In this survey we see that the 78 % customers are see the advertize of
these companies.
Graph no:-6.1.9
80
70
60
50
Watching advertize ratio
40
Respondents
30
20
10
0
Yes
No
Answers
Conclusion
The packaged drinking water companies are the low budgeted companies which are
always trying to reduce the investment cost on advertise. This is the reason why they do
not focus more on advertizing and thats why the ratio of this advertizing is only 78 %
in the latur city.
Yes
32
36
26
17
11
Respondents
No
Total
07
39
03
39
13
39
22
39
28
39
Yes%
82
92
66.5
43.5
28
Percentage
No%
Total%
18
100
08
100
33.5
100
56.5
100
72
100
Interpretation
49
The advertizing is the very important part of any company and this is always beneficial for
company to increase their business and the related activities. The purpose behind this question is
to find out the average ratio of all the packaged drinking water companies which invest more
money on adverting and do maximum advertizing of their products.
Graph no:-6.1.10
Respondents No
92
82
72
66.5
56.5
43.5
33.5
28
18
1 1
Meridian Aqua
2 2
Sunrich Aqua
3 3
4 4
Oxy Fresh
Kirti Gold
5 5
Other
Conclusion
The advertizing always shows the good impact of the brand and with the advertizing the
company is well known in all the segments, where the sale is impossible to the company. The
Sunrich aqua is the company which invests more on advertizing and does maximum advertizing
of their brand and after that the meridian aqua and the Oxyfresh follow the list.
50
Respondents
08
07
06
09
02
18
50
Percentage
16
14
12
18
04
36
100
51
Interpretation
In any organization the middlemen plays a very important part and with the help of these people
the company is trying to supply their products to the customers. The middlemen buy their
products in bulk quantity and sell it in the small quantity. In these types of companies the
middlemen are the retailer and the distributors. So the purpose behind this question is to find out
the types of shops which mostly purchase the product of packaged drinking water.
Graph no: - 6.2.1
16%
Juice cold drink and food shop General store or Kirana store
36%
14%
Restaurant
and bar12%
4%
Tea hotel
18%
Conclusion
The most of the retailers are the owners of restaurant and bar so the company has to focus on
these types of shops for selling their product. This question shows that the maximum no of
retailers i.e. 36% are owners of restaurant and bar, the other buyers of packaged drinking water
are the owners of dairy or medical shops.
Respondents
Yes
38
43
29
21
12
Percentage
NO
12
07
21
29
38
Yes
76
86
58
42
24
NO
24
14
42
58
76
52
The retailers are the middlemen between the company and customers which interact daily with
the customers. The various distributors which visited the shops and the customers helps the
retailer to know the various brands which are popular in the market and which are newly
coming in the market. In this project this question is repeated because the brand awareness is the
most important concept which mostly impacts on the retailers mind.
Graph no:-6.2.2
90
80
70
60
50
40
30
20
10
0
th
er
O
Go
ld
Ki
rti
sh
xy
f re
O
A
h
Su
nr
ic
M
er
idi
an
qu
a
qu
a
Percentage Yes
Percentage NO
Conclusion:The brand awareness program plays a very important role in the success of any business
organization. Every company wants to increase their market share, for this they use the brand
awareness program regularly. In this question we see that the Maximum number of customers
i.e. 86 % are aware with the brand Sunrich aqua. The second most known brand in the latur city
is the Meridian aqua which is having 76% awareness among the retailers. For increasing the
brand awareness the company will increase their advertizing and the distributors should visit
each and every retailer shop in Latur city.
Brands
Respondents
Percentage
Meridian Aqua
14
28
Sunrich Aqua
18
36
Oxyfresh
07
14
Kirti Gold
05
10
Other
06
12
53
Total
50
100
brand purchasing
Percentage
10
5
O
th
er
Go
ld
Ki
rt
i
re
s
O
xy
f
Aq
ua
h
Su
nr
ic
M
er
id
ia
n
Aq
ua
Conclusion
The buying process and selling process is commonly practiced in all companies and with the
help of this, they make profits. The retailers are the important middlemen between the company
and the customers. From the above graph we can say that the Sunrich aqua has the maximum
market share in current market and it is also the preferable product by the retailers.
Respondents
Percentage
0 25
08
16
25 50
17
34
50 100
11
22
54
100 150
09
18
05
10
Total
50
100
Monthly purchase
Percentage
34
22
18
16
10
0 - 25
25 50
50 100
100 150
Conclusion
Retailers are the middlemen between the company and the customers. They know the actual
demand of the customers and order as per the demand. The maximum number of the retailers i.e.
34 % purchases the 1liter cartons and the monthly consumption is 25-50 cartons per month from
the distributors and 22% retailers purchase the 50- 100 cartons per month.
Q6.2.5) Size of pack mostly purchased by the customer.
Table no: - 6.2.5
Size of pack
Respondents
Percentage
1ltr bottle
16
32
2 ltr bottle
07
14
55
20 ltr jar
08
16
12
24
04
08
Any other
03
06
Total
50
100
1ltr bottle
20 ltr chilled jar
8%
2 ltr bottle
1/2 ltr bottle
20 ltr jar
Any other
6%
32%
24%
16%
14%
Attraction parameters
Respondents
Percentage
08
16
56
Margin provided
13
26
Schemes
09
18
11
22
Demand of product
05
10
Any other
04
08
Total
50
100
8%
10%
Quality of the product Margin provided Schemes
22%
16%
Service provided by dealer Demand of product
26%
Any other
18%
Conclusion
The retailer is the part of the company which buys the product of the company in bulk quantity
from the distributor and sells it in the smaller quantity to the customers. So company tries to find
out the factors which are helpful to the company in order to attract maximum no of retailers.
Form the above figure we see that 26 % of the retailers are attracted towards the margin which is
provided by the company and the second most attracting factor is service provided by the
distributor.
Q.6.2.7) Use of 20 liter jar of packaged drinking water of meridian aqua.
Table no:-6.2.7
Opinion
Respondents
Percentage
57
Yes
27
54
No
08
16
Sometime
15
30
Total
50
100
Packaged drinking water Companys large group of customers are from urban & rural
area because there is less availability of pure drinking water. This is the reason why the
54% of the respondents purchased 20 liter jar for the drinking purpose. And some of
them use it seasonally. And a small no of retailers are not using this product at all.
Graph no:-6.2.7
54
30
16
Yes
No
Sometime
Conclusion
When the retailers themselves consume this jar as the packaged drinking water they also try to
sell it to the other consumers who want to buy this 20 liter jar of packaged drinking water. Form
the above data we conclude that the maximum no of retailers are use this product and some of
them use this jar occasionally.
58
Q.6.2.8). If yes , then are you satisfied with this type of product (20 liter jar)?
Table no:-6.2.8
Satisfaction level
Respondents
Percentage
Highly satisfied
09
18
Satisfied
21
42
Unsatisfied
08
16
Highly unsatisfied
04
08
Total
42
100
10%
28%
16%
Highly satisfied
satisfied
Unsatisfied
Highly unsatisfied
46%
Conclusion
The satisfaction level of the retailers depends upon the various factors which are making the
product better for usage. The above data shows that the maximum number of the retailers is
satisfied with this service of the company.
59
Respondents
Percentage
Yes
13
26
No
37
74
Total
50
100
Chart Title
26%
Answer
Yes
No
74%
Conclusion
This question has its place in questionnaire because retailers having fridge provided by the
company are usually forced not to buy meridian as companies like Sunrich and coca cola
doesnt allow any other product to be kept inside their refrigerator. In Market just 26 % retailers
have fridge provided by their company thats why meridian sales are not affected here due to this
reason. If our company will provided the fridge to the retailers the sale of the company will also
increase.
60
Respondents
Percentage
Yes
39
78
No
11
22
Total
50
100
Major portion of shops in Market are visited by meridian aqua distributor. The 39 shops
out of 50 shops are visited by meridian aqua supplier in this region. This suggests that
system applied by distributors in this region is quiet successful. Some of the retailers
said that the distributor visit their shops in off season only.
Graph no:-6.2.10
Answer
42%
Yes
58%
No
Conclusion
If the retailers are not visited on regular basis they will tend to switch easily available
brand, which has better supply system. This is problem which is being also faced by
other companies in this region like oxyfresh and kirti gold.
61
Q.6.2.11) How often does the retailer provide the bill on purchase of the product?
Table no:-6.2.11
Answer
Respondents
Percentage
Always
26
52
Sometimes
12
24
Never
08
16
04
08
Total
50
100
8%
16%
52%
24%
Always
Sometimes
Never
I never ask for bill
Conclusion
52 percent shopkeepers in the markets were getting bills on regular bases. Around 16%
retailers in the markets were never getting bills from the distributors. There was also
negative sign on part of retailers; 8 % of Market retailers never cared to take bills from
distributors. This states that shopkeepers try to avoid taxes and extra charges.
62
63
Chapter No. 7
64
The brands which are present in the market is Meridian aqua, Sunrich aqua , Oxyfresh,
Kirtigold, etc.
After carrying survey and interacting with the respondents it was observed that 66% of
customers and 76% retailers are aware with brand meridian aqua.
45% of the retailers and 32 % customers are satisfied with the product performance and
the after sale service provided by company.
The respondents of this area mostly purchase the sizes 1 liter bottle, 20 liter normal jar &
20 liter cold jar.
Most of the companies of packaged drinking water is having their own distribution
channels.
The maximum retailers i.e. 26 % attracts towards the margin provided by company, the
22 % are attracts towards the services which is provided by the distributer, 18 % and
16% of them attracts towards the schemes and quality of product of the company.
Most popular packaging sizes are 1ltr bottle and 20 ltr jar.
10 Overall the Meridian Aqua i.e. Shree industries Pvt. Ltd. at the second position and first
is Sunrich aqua i.e. mundada food company Pvt. Ltd. in the market..
11 Company is lacking in advertising and promotional activities.
12 retailers are not satisfied with pricing , discount and credit policy of company.
65
Chapter No. 8
SUGGESTIONS & CONCLUSION
Conclusion:
The researcher has undergone a project on Market Research for Brand Awareness and
Competitive Analysis of Vegetable Seed Industries.
The brand awareness and competitive analysis is very important key factor for deciding
the marketing mix and develop the marketing strategy. In the existing market there are
almost more than 5 companies of packaged drinking water companies in Latur district.
So, it is very necessary to conduct the brand awareness and competitive analysis. The
brand awareness is likelihood that consumer recognize the existence and availability of
companies products.
The competitive analysis gives us the information about the brand position in the market
and also SWOT analysis help to take a competitive advantage of the market situation.
Also it helps to organization to take advantage of market situation over competitors for
the business gains. Competitive analysis helps the organization to develop the marketing
strategy and marketing mix and future course of action.
The competitive study and brand awareness give a lot of information about market and
competitors and it help to the marketers for deciding business, corporate and functional
strategies. In this competitive Packaged Drinking Water companies the customers want
new less price and more quantity of water. At the present situation in the market place
there are almost 5 to 8 product company are there with different verities of product are
available. In this situation the organization has a very good image in the market, overall
the Shree industries Pvt. Ltd. Latur are at the second number position in the market, just
after the Sunrich i.e Mundada food company/corporation Latur.
After conducting a brand awareness programme & competitive analysis programme in
the Latur district of the Maharashtra state , it is find that the company has regularly gone
through this kind of the brand awareness programme and market research for increase
their market share, and sustain strongly in the industry.
67
Suggestions:
By analyzing the market situation and interacting with the retailers, distributors and
customers and spending 60 days time in the ground level market the researcher has
suggested the recommendation to the company.
Suggestions as follows:
1
Company should launch brand awareness program for customers and retailers and
should keep it on regular basis.
The company should have to go for advertising campaigning through various Medias
such as newspapers, broachers, wall paintings, hoardings, media, website etc.
Company have to improve their after sale services and include the training programs,
seminars, expert guidance and routine visits to their sales executives etc.
Company should have to more focus to their distribution channels and also should have
to develop their transportation system with efficient staff.
Company should have to focus more on increase the sale of other products than 1ltr
cartons and 20 liter jar.
The organization should review their pricing (CRP, MRP), discount and credit policy.
Price of product of company is comparatively high than the other competitors in some
products, it is directly affecting the sales of other products.
Update the website by adding contents about the detailed products, services and
cultivation patterns etc. Also company should focus on customer care service.
10 Company has up to date with the function halls and marriage places with contacts.
11 Company has to give attractive offers and seasonal schemes for retailers as well as
customers to increase the sales.
12 The organization must have to focus on the availability of product varieties at every
shop in all season.
68
Chapter No. 9
LIMITATIONS
69
Limitations:
The information collected solely depends upon the respondents answers and accuracy of
the information could vary.
According to sample size, the findings might only be suggestive and not to conclusive.
70
Chapter No. 10
BIBLIOGRAPHY
Bibliography
71
Marketing Management:
C.R. Kothari, Research Methodology, Wishwa Prakashan, New Delhi, Second Edition,
1998.
10.2 Websites:
www.google.co.in
www.wickipedia.com
72
Chapter 11
ANNEXEURE
73
Chapter 11
ANNEXEURE
For customers
Name :
Date :
Postal Address :
Contact No :
74
2) No
2. Sunrich
3. Oxyfresh
4. Kirti gold
5. Other (___________)
Meridian
2. Sunrich
4. Kirti gold
3. Oxyfresh
5. Other (___________)
Q.3) What is your total expenses on purchase of packaged drinking water per day ?
1. 15 Rs.
2. 30
Rs.
3. 45 Rs.
3. 60
Rs.
B. 2 ltr bottle
C. 20 ltr jar
E. ltr bottle
2) No
3) Sometime
Q.7) Are you satisfied with home delivery service provided by company for 20 ltr jar?
A. Satisfied
B. Unsatisfied
75
C. Highly satisfied
D. Highly unsatisfied
B. Unsatisfied
C. Highly satisfied
D. Highly unsatisfied
No
T.V
Poster
Other
Q.11) Price of the bottle and jar for all the companies (mention 1 ltr bottle & 20 ltr bottle
prices )
Sr. No.
Name of company
MERIDIAN AQUA
SUNRICH
OXYFRESH
KIRTI GOLD
AQUA CARE
76
For Retailer
Shop Name:
E-Mail:
Postal Address:
Mobile No:
Date:
3) Pan Shop
4) Dairy or Medical.
5) Tea hotel
6) Restaurant.
Q2.) Which are the brands do you know at current market of packaged drinking water?
1. Meridian
2.Sunrich
3. Oxyfresh
Q.3) Which brand you will prefer most for packaged drinking water?
1. Meridian
2.Sunrich
3. Oxyfresh
4.any other.(-------------------)
2) 25-50
3) 50-100
77
4) 100-150
B. 2 ltr bottle
C. 20 ltr jar
E. ltr bottle
F. Other (____________)
Q.6 ) What attracts you the most in choice of packaged drinking water?
1) Quality
2) Margins provided
3) Schemes
4) Dealer Services
5) Demand of product
6) Other (_____________)
Q.7) Where we can increase the availability of our product meridian aqua in the target
market?
1. Hospitals
3.Retailer shops
5. Homes or companies
6.Other ( __________)
B) No
B) Unsatisfied
C) Highly satisfied
D) Highly unsatisfied
B) No
78
A) Yes
B) No
B) Sometimes
C} Never
Sr. No.
Name of company
MERIDIAN AQUA
SUNRICH
OXYFRESH
KIRTI GOLD
AQUA CARE
Discount %
2) 500ml
3) 1ltr
4) 2ltr
5) 20ltr jar
Q.15) What would you like to suggest for the betterment of our company?
79
Your suggestions:____________________________________________________________
80