Professional Documents
Culture Documents
Chapter – 1
Industry Profile
Introduction
Soap is the traditional washing compound made from oil fats and caustic alkali. One
can say a detergent is the one that cleans any surface. Synthetic detergent is quite
different from other kinds of detergent. More foam is produced with such kind of
detergents, moreover, there is less tension created on the dirty surface yet
emulsification takes places and the detergent niters the surface much faster. This is the
reason why the cleaning process is fast. Soap is surfactant used in conjunction with
water for washing and cleaning that historically comes in solid bars but also in the
form of a thick liquid, especially from soap dispensers in public washrooms. Soap are
useful for cleaning because soap molecules Handmade soap differs from industrial
soap in that, usually, an excess of fat is used to consume the alkali (super fatting), and
in that the glycerin is not removed. Soap is an item of daily necessity as cleaning
agent. It is mass consumer item in both rural and urban areas. Soap may be divided
into toilet soap and washing soap. In the toilet soap market. New product innovations
such as liquid soap, soap free synthetic detergents and no-wash soap have taken an
increasing share of the market from traditional soap bars. While there are large
companies manufacturing soap including toilet and washing soap, it is an ideal
product to manufacture in SSI sector.
Although start of the synthetic detergent industry is not shrouded in the veils of
history as were the beginning of the soap industry, it is nevertheless not easy to
pinpoint not easy to pinpoint exactly when the detergent industry, as such, came into
being. The primary problem is to decide exactly what is being referred to as a
synthetic detergent. The term itself leads to confusion. In the USA the words
Surfactant or syndicate are being used, whilst in Europe the term ‘tenside’ (for
tension- material) is coming into fashion.
Each of this basic material has its advantages and disadvantage, but in considering the
feasibility of production the following factor must be taken into account.
This PT benzene very quickly displaced all other basic detergents and for the period
1950-65 considerably more than half the detergents used throughout the world were
based on this.
Soaps and Detergents are cleaning products that have become an essential commodity
in our daily lives. Cleaning products play an essential role in our daily lives. By safely
and effectively removing soils, germs and other contaminants, they help us to stay
healthy, care for our homes and possessions, and make our surroundings more lively
and pleasant.
Proper public understanding of the safety and benefits of cleaning products is crucial
for their effective usage. To get maximum benefit from the cleaning products, it is
necessary to use the right product, which is intended for your specific requirement,
and to use it in the quantity and as per directed.
Types
Depending on their cleaning action and usage, soaps and detergents can be broadly
categorized into four main types, including -
o Detergent Powder
o Detergent Cake
o Fabric Softener
o Laundry Liquid
o Floor Cleaners
o Glass Cleaners
o Wood Cleaners
o Dishwasher Liquid
o Dishwasher Powder
o Dishwasher Gel
o Dishwasher Tablets
The Indian soap industry has long been dominated by handful of companies, 1662AD.
The first patent for making soap was taken in London.
The word
The Indian soap industry continued to flourish very well unit 1967 to 1968, but
stagnant and soon it started to recover and experienced a short upswing in 1974. This
increase in demand can be attributed due to increase in urbanization.
Present Status
Market Scenario
Ø Growth of population
Ø Income and consumption increases
India is the ideal market for cleaning products. The company’s consumption of
detergent powders and bar stands at 1.6kg and soaps at 534gms. Hindustan liver,
which towers over the cleaning business, cells all over the cleaning business but the
tiniest of Indian settlements.
The 7.4 lakhs ton per annum soap market India in crawling along at 4%. The hope lies
in raising rupee worth, the potential for which as high because the Indian soap market
is pseudo in nature and it amazingly complex being segmented not only on the basis
benefits, but even a range of emotions within that outlining framework.
Market potential
The soap market is divided into true soap and non-soapy detergent. The for soap
product largely mature in developed markets and display stagnant growth potential in
developing countries is huge. The demand for laundry washing in north-eastern region
is estimated at 6825 tons per year.
Future Outlook
The soap and detergent industry is becoming more global and integration through
mergers and divestitures has paced the move toward globalization. Corporate
investment strategy, advertising, and R&D are changing from a stress on local
markets to international markets.
The slow economy has influenced the industry in various ways. During a recession
consumer's look to buy products that offer multifunctional benefits, like shampoos,
which can clean, condition, and add shine at the same time. The luxury and designer
segment of industry was most affected by the sluggish economy. Prestige products are
generally sold in department stores and many of them have seen their market share
declining.
Mergers & Acquisitions / Globalization
Due to the saturation of traditional markets and in order to tackle the slow growth in
domestic markets, organizations now days, are creating sophisticated infrastructures
and rationalizing their production so as to make the production process centralized in
fewer but larger plants. This has contributed to standardization of the soap and
detergent ingredients across the globe. Manufacturers are striving to adopt basic
formulations for all consumers all across the world, which can be varied by the
addition of some ingredients to satisfy the trends in local markets.
Another major consequence of M&A trend is the rationalization of brands in order to
realize cost cuts in marketing and branding. Another trend, which is a result of
M&A's is the standardization of production process.
Company Profile
Introduction:
Maharaj Industries is one of the famous company producing detergent cakes, powder
& scouring powder etc… in south India. Maharaja industry is the most Respected
Company in India by producing quality products. Smt. Shashikala Elangovan Ravi
started manufacturing detergents powder at home in 1990 to spend the free in a useful
manner. She has studied up to 10th standard. Since from childhood, she has been
dreaming to industrialist. She was encouraged by her husband & friends to start a
small scale industry in manufacturing of detergent cakes, powder & scouring powder.
Sri Elangovan Ravi, who was working in a detergent company, had a good experience
in his job. He resigned his job & joined his wife to support in her work. Initially.She
has commenced the business die investment around one lakh rupees with the help of 8
to 10 labors. Maharaj industry was registered under the partnership act with two
partners, being Smt. Shashikala Elangovan Ravi who is entitled for 60% share in the
firm & Sri Elangovan Ravi who has entitled for 40% of share in the firm. However,
Sri Elangovan Ravi is the partner of the Maharaja industries.
Initially the firm started manufacturing the products with the help of 8 to 10 labors.
But today, the firm has grown to such an extent that nearly 300 workers including
1400 women are working in industry. They, the labors, which belonging to
economically weaker sections of the society like widows poorer and women. They
have given more importance women category. They have also appointed male
categories for hard work areas and marketing areas. Till today they not faced any type
of labor problem because the labors are working as family members. They are
manufacturing their products in the brand name of “SHASHI, KAVYA, INDRA, and
SKANDA and SAVAAL”. They are manufacturing their best products of least cost
comparing the other products available in the markets. Now a day, their products have
capture the whole are of Karnataka and some part of other states like, Kerala Andhra
Pradesh and Maharashtra.
Vision
Mission
Product Profile
Shashi detergent cake is the flagship brand of the Maharaj industries situated in
davangere. Maharaj industries specialized in manufacturing detergent cakes, soaps
and dish wash powder. The company is one of the major detergent manufacturing
industry owned by a single individual and running independently.
PRODUCTS
DETERGENT:
This division manufacturing high quality detergent cake and detergent powder. Under
the brand name of Shashi and Savaal.
SHASHI DETERGENT CAKE
Shashi detergent cake is available in pink And blue colour with 150gms and 250gms
Pack size, posses the perfect information for the washing requirements and also
Detergents optical whiter and anti-graying Ingredient enhance the brightness of cloth.
SHASHI DETERGENT WASHING POWDER
Exploding the myth that “Better quality always demands higher price” Shashi
introduced a spray dried blue coloured washing powder in the premium segment
available in 250g, 500g, and 1000g packets, these products out classed its competitor
brands, this brand within a short span of time had reached its goal.
CRYSTAL SALT AND TABLE SALT
These units deals in good quality with affordable price.
AGARABHATTI, MATCH BOX
These products strictly competence to international products.
SAVAAL DETERGENT CAKE
Concerned substantial market share in the premium detergent segment and continues
to perform well. Savaal detergent cake available both in white and blue colour.
150gms and 250gms pack size possesses perfect formulation for the washing
requirements, and detergent are optical whiter and anti graying ingredients enhance
the brightness of the cloth.
SAVAAL DETERGENT WASHING POWDER
To enter the need of the specific target audience, Savaal launched a good quality
product at an affordable price. This objective is to convert the non-users of detergents
into users and prevent the manufacturers to lure away competitors and local
manufacturers to lure away the prospective. Savaal consumers by sub-standard
products. It is available in pack sizes of 500mg and 1000mg .
SHASHI AND SAVAAL SCOURING PRODUCTS
Scouring bar is potential emerging market in India. By offering Shashi and Savaal
dish wash bar, Shashi tried to tap this huge market. It is also a one type of value
product to the brand loyal consumers, carting their distinct needs. This product, like
other available in 300gm packs size. It is being offered in 200gm and 400gm size.
Inspired by the success of the bar, Shashi bar and dish wash powder was also,
subsequently soft launched, in 1000gm pack size.
SHASHI AND SAVAAL IODISED SALT
Iodised salt is a quality product with a guarantee of being the best in the quality
parameters, free flow nature, whiteness and the size of the granules, in 1kg pack.
SHASHI SOAP NUT POWDER
It is one of the most trust worthy and reliable brand nut powder removes dandruff and
gives great look to black hair.
LIST OF RAW MATERIALS
Nature of Business:
Area of Operation:
Ownership Pattern:
Maharaj Industries was registered under the partnership act with two partners, being
Smt. Shashikala Elangovan Ravi who is entitled for 60% share in the firm and Sri
Elangovan Ravi who has entitled for 40% of share in the firm. However, Sri
Elangovan Ravi is the partner of the Maharaj Industries.
Competitors Information:
Nirma
Wheel
Sundari
Henko
Surf-excel
Rin
Infrastructural Facilities:
Canteen facility
Vehicle facility
Waiting room
Achievements/Award:
During the year of 2002, the Davangere district women industrialist association has
selected Smt. Shashikala Elangovan Ravi has a “BEST WOMAN
ENTREPRENEUR”. The Lakshmi Vilas bank, the Davangere co-operative urban
bank, the lions club and Mahilasamaja have honored her getting the award.
For quality maintenance and for invention of new formulas, there is a separate
laboratory. They are always checking the quality of the finished product. Till this
industry as given the more importance to the new method of technology, this should
not minimize the labors.
Strengths:
The factory is located in the heart of the city & has all infrastructure facilities,
It is fully owned by Govt. of Karnataka so in times of financial crisis it can
easily get the financial support from government.
A very little competition for its major products sandal soap.
An ISO 9002 certified company has its own brand image.
An ISO 14001 company, which commits to reserve the natural environment in
the production of its quality products to the satisfaction of its customers.
Diversified product range keeps the company stable.
Weaknesses:
Opportunities:
Company can try and increase the number of product range in the
same product Line.
The toilet soap and the detergents market are an ever expanding industry and a
major company like KS& DL with its manufacturing expertise can grab the
market if it reaches peak manufacturing capacity.
The company has a great opportunity to expand its market share by increasing
exports.
At present it has Good raw material sources to enhance production.
Threats
As company depends on forests for its main raw materials make the company
to find chemical alternatives to sandalwood
Government interference may reduce growth potential.
Within the short period they will start the manufacturing of shampoo, talcum powder,
toilet soaps with herbal based, they will try to improve their business to complete in
the foreign market also. Introduction of new higher power point detergent powder for
institutional sales in bulk packaging & attaining the market leadership. Introducing
new trade schemes to increase sales. Aggressive advertisement and publicity as a part
of sales promotion.
Chapter – 2
Conceptual Frame Work and Review of Literature
Theoretical Background
Brand Awareness
Brand awareness is the degree to which consumers in the marketplace are familiar
with particular brands. Small businesses can find their products at a disadvantage
compared with larger competitors' alternatives, which can be backed by millions of
dollars in advertising. Brand awareness has a number of distinct effects on consumers'
perception of different brands, and working to build brand awareness is crucial for
small business success.
Brand awareness is the probability that consumers are familiar about the life and
availability of the product. It is the degree to which consumers precisely associate the
brand with the specific product. It is measured as ratio of niche market that has former
knowledge of brand. Brand awareness includes both brand recognition as well as
brand recall
According to (Aaker, 1991) Brand awareness is the capacity of consumers to
recognize or remember a brand, and there is a linkage between the brand and the
product class, but the link does not have to be strong. Brand awareness is a process
from where the brand is just known to a level when the consumers have put the brand
on a higher rank; the brand has become the “top of mind”.
1. Aided awareness- This means that on mentioning the product category, the
customers recognize your brand from the lists of brands shown.
2. Top of mind awareness (Immediate brand recall)- This means that on
mentioning the product category, the first brand that customer recalls from his
mind is your brand.
Brand Perception
Brand perceptions are shaped by the sum of all experiences customers have with your
brand. In short, people buy when they believe in the value of what they are getting
and their focus is drawn away, through critical factors like perceived quality, from the
plethora of options available in the market to the one or two products that ‘feel like
them’.
Brand owners may feel they understand exactly what their brand represents. However,
this image may be more reflective of their aspirations for the brand, rather than the
reality of public opinion. Brand perception is owned by consumers, not brands.
Regardless of your message, whatever people are thinking and saying about your
brand, that is your brand. Surveys and focus groups can form an important part of any
strategy in measuring and improving brand perception. One of the easiest ways to
research what people are saying about your brand is to use social listening to find
relevant brand mentions within the billions of unedited online conversations.
Types of brand perception
To be little more precise brand perception meaning can be elucidated like this that it is
the sum total of all kinds experience that a consumer may have faced while using your
brand. Like your products and services is user friendly, of the highest quality and
extremely reliable. Right now we talked about functional aspect, but there is another
level of perception to this, which is the emotional facet. It could be described like this
– “I feel good to use this brand” or “Hey, using this brand makes my day!” So brand
perception can be illustrated in many ways.
Factors that develop this perception
Well there are many factors as this purely based on the emotional understanding of a
consumer. Nonetheless a few things like the below mentioned points can definitely
influence a consumer’s thinking:
A word of mouth from relatives or acquaintances can add to brand perception
definition.
Proper ways of promoting the product.
With the advent of internet positive reviews mean a lot.
No denying the fact that previous associations with the brand also play a vital
role.
Another significant verity would be experience as that of a walk in customer
which may include behavior of the staff and ambience of the facility.
All these bearings very clearly can make a difference to the perception of your brand
by a consumer. This means that these factors should be kept in mind and serious
minded entrepreneurs are requested to start their branding keeping all of these in
mind. This will be of great help in the long run and you will know about it sooner or
later.
Review of Literature
1. Emma Macdonald (2003), in his article "Management Perceptions of the
Importance of Brand Awareness as an Indication of Advertising Effectiveness"
stated that The above two roles of brand awareness should be well known to
marketing managers. The role of brand awareness in decision theory is
probably less well known. Brand awareness and the consideration set Brand
awareness has been hypothesized to play a crucial role in determining the
consideration set: the small set of brands which a consumer gives serious
attention when making a purchase.
2. Kevin Lane Keller & Donald R. Lehmann (2016) in their study “Brands
and Branding: Research Findings and Future Priorities” stated that Driven in
part by this intense industry interest, academic researchers have explored a
number of different brand-related topics in recent years, generating scores of
papers, articles, research reports, and books. This paper identifies some of the
influential work in the branding area, highlighting what has been learned from
an academic perspective on important topics such as brand positioning, brand
integration, brand-equity measurement, brand growth, and brand management.
3. Hui-Chu Chen (2008), in his article " Brand equity, marketing strategy, and
consumer income: A hypermarket study " stated that Brand value, or equity is
influenced by the consumers’ perceptions of the brand and their ability and
willingness to purchase. Marketing and brand managers have the control to
develop marketing strategies to position the brand and to increase brand
equity. On the other hand, consumers must have enough disposable income to
buy the brand, regardless of the strategy. Moreover, these consumers have
differences in their ability (income) to purchase that influence their brand
decisions, and the brand value.
4. Ovidiu Ioan Moisescu (2009), in his article " The Importance of Brand
Awareness in Consumers’ Buying Decision and Perceived Risk Assessment "
stated that Brand awareness is the first and prerequisite dimension of the entire
brand knowledge system in consumers’ minds, reflecting their ability to
identify the brand under different conditions: the likelihood that a brand name
will come to mind and the ease with which it does so.
5. Muhammad Imtiaz (2011), in his article "A Study on the Association
between Brand Awareness and Consumer/Brand Loyalty for the Packaged
Milk Industry in Pakistan" stated that Brand awareness remains fundamental
to consumer life as the interaction initiation point to the brands. This paper put
forwards the relationship of brand awareness on consumer/brand loyalty in the
packaged milk brands in the urban Pakistan. There is evidence of brand
awareness and consumer/brand loyalty on brand equity. The approach takes
into account sources of brand equity-brand awareness, consumer/brand loyalty
and image (perceptions / associations) on the sample of consumer households.
6. Juntunen, M (2011), in his article "Corporate brand equity and loyalty in
B2B markets. A study among logistics service purchasers " stated that Product
brand equity has become one of the most discussed concepts among marketing
scholars. It is suggested that brand equity impacts on customers‟ loyalty
intentions. This paper widens the traditional brand equity discussions into
corporate level, namely into corporate brand equity, and examines whether
corporate brand equity results in customer loyalty in B2B services context. A
tentative model was created and tested by using empirical survey data
collected from Finnish industrial logistics service purchasers.
7. Chieng Fayrene Y.L. (2011), in his article "Customer-Based Brand Equity: A
Literature Review " stated that Brand equity is a concept born in 1980 s. It
has aroused intense interest among business strategists from a wide variety of
industries as brand equity is closely related with brand loyalty and brand
extensions. Besides, successful brands provide competitive advantages that are
critical to the success of companies. However, there is no common viewpoint
emerged on the content and measurement of brand equity.
8. Maciej Koniewski (2012), in his article "Brand Awareness and Customer
Loyalty " stated that Brand awareness is the lowest level of brand recall. This
is where the brand recall continuum begins, extending from simple brand
and then brand attitude. In the present article he expands this model from two
to now three types of brand awareness (brand recognition, category-cued
brand-name recall, and brand recall-boosted recognition) and from three to
now five levels of brand attitude (reject, unaware, acceptable if on special, one
of my several preferred brands,and my single preferred brand). Also, he shows
how to most efficiently measure these two necessary components of branding.
13. Muhammad Asif (2015), in his article "Impact of Brand Awareness and
Loyalty on Brand Equity" stated that Brand awareness represents a condition
in which the consumer is familiar with the brand and recalls some favorable,
strong, and unique brand associations. This definition focuses on the
individual consumers and the consumer’s reactions to marketing of a
particular product. In addition, (Keller, 1993) describes what consumers know
about brands and what suck knowledge implies for marketing strategy.
(Keller, 1993) conceptualized brand equity by using an associative memory
model focused on brand knowledge and involving two components, brands
awareness and brand image, described as a set of brand association.
14. Abdullah Awad Alhaddad (2015) in his article " The Effect of Advertising
Awareness on Brand Equity in Social Media " stated that brands and
consumers and enabled consumer to make positive as well as negative
influence on brand equity. Therefore, it is important for companies to know,
how to manage communicate in social media seeking to build brand equity by
building the brand awareness and positive image for brand. The essence of this
study is to research how a company can seize the moment of using social
media networks to create brand equity and also explore its challenges to draw
the attention of those companies venturing into social media networks to
increase brand awareness and brand image.
15. Leila Andervazh (2015), in his article "The Effects of Brand Perceived
quality and awareness on Brand loyalty (Case Study: Carbonated drinks)"
stated that brand is one of the important variables which effects on behavior of
customer’s. According to viewpoints of customer’s, brand is investigated an
Chapter – 3
Research Design
Statement of the problem
Brand Awareness & perception refers how a Maharaj Soaps Industry (P) Ltd,
Davanagere can market its products through MLM (Multi Level Marketing) as well as
what makes people to be fond of Maharaj Soaps Industry (P) Ltd, Davanagere. It
shows whether a person is favorable or unfavorable to the particular brands of
products in this case of Maharaj Soaps Industry (P) Ltd, Davanagere. This attitude
will change from man to man, and from time to time, the people have different
attitudes. How the people behave while purchasing Maharaj Soaps Industry (P) Ltd,
Davanagere, how they create awareness through direct selling? What are the factors
they will consider, what factors influence a buying decision? There are some
questions concerned under the consumer questionnaire survey. It is also the part of
research
This study will help us to understand the brand awareness and what problems are
being faced by the consumers, to which appropriate measures to be taken to solve the
problems. This project has mainly been taken up to understand the brand awareness,
buying motives to ensure the “Brand awareness towards Maharaj Soaps Industry
Products” apart from this, it is to understand the new opportunities in the market for
the improvement of brand awareness and sales towards the products.
The scope of the study is also restricts itself to Davanagere region only. This study
focuses on Branded Awareness and Brand Perception of Consumer towards Maharaj
Soaps Industry (P) Ltd, Davanagere. The present scope of the study extends to cover
only the respondents of Davanagere city. The study attempts to identify the reach of
Shashi Soap Products which would help the company in formulating suitable
strategies. The study also identifies the attitudes and preference of the consumers. The
study also focused on consultants through which the product reaches the consumers.
Primary Data
Primary data has been used by me in the form of Questionnaire & Observation, which
are the two basic methods of collecting primary data, which suffices all research
objectives.
Secondary data
Secondary data sources like catalogue of the company, product range book of the
company, various internet sites and Literature Reviews have been used.
Sampling Design
The research was designed to achieve the above mentioned objectives and the
following tools were used to collect the required data.
Sampling method
A sample is considered during a research when the size of the population is very large
and a set is chosen to represent the whole population, this set is called a sample is a
representative of the population under study.
There are two methods of sampling i.e., probability and non probability sampling. To
carry out this project I have used non probability sampling method.
Sampling frame
The sample frame represents the groups of respondents that were contacted during the
survey it also represents the profession of the respondents that were connected for
data.
Sampling technique
To carry out this project Convenience technique will be used
Sample Size
The total sample size for the data collection for the research is 100 respondents.
Tools for data collection:
Structured Questionnaires were the tools for data collection. The Questionnaire was
neatly designed and constructed for the purpose in line with the objective of the study.
The study will constrains only to Shivamogga city. A more intensive study
would be necessary to arrive at exact conclusion.
The size of the sampling was not big enough to arrive at strong conclusion.
Chapter Scheme
First Chapter deals with Industry Profile and Company Profile, Promoters, Vision,
Mission & Quality Policy, Products/ service profile, Area of the operation,
Infrastructure facilities, Competitors Information, SWOT Analysis, Future Growth
and Prospects and Financial Statement
Second Chapter deals with Theoretical Background of the study, Literature Review
with Research Gap
Third chapter deals with Statement of the problem, Need for the study, Objectives of
the study, Scope of the study, Research Methodology, Hypotheses, Limitations,
Chapter Scheme
Fourth chapter deals with Analysis and interpretation of the data collected with
relevant tables and graphs.
Fifth chapter deals with Summary of Findings, Conclusion and Suggestions /
Recommendation