Professional Documents
Culture Documents
HERBAL PRODUCTS
By
V. SURESHKUMAR
NOVEMBER 2018
Findings, Suggestions and Conclusion
CHAPTER V
5.1 INTRODUCTION
5.2 OBJECTIVES
4. To study the most widely used branded herbal products category amongst
consumers.
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5.3 SOCIO-DEMOGRAPHIC PROFILE OF CONSUMERS
Gender
Age
About age, half 302 (49.9%) of the consumers are belonged to the age group of
‘21 - 40 Years’.
Educational Qualification
Regarding Educational Qualification, more than one- third 231 (38.2%) of the
consumers have completed ‘Under Graduation’.
Occupational Status
Marital Status
Family System
The majority of 414 (68.4%) consumers are living in the ‘Nuclear Family’
system.
About a number of earning members of the family, 272 (45.0%) of the consumers
have ‘Two Earning Members’ in their family.
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Number of Dependents
Nearly half 297 (49.1%) of the consumers have ‘Two Dependents’ in their family.
Nearly one-third 189 (31.2%) of the consumers family monthly income is ‘Above
₹20001’.
Brand Awareness
About the brand awareness 501 (82.8%) of the consumers are aware of
‘Himalaya’, 293 (48.4%) being aware of ‘Dabur’, 286 (47.3%) are aware of ‘Patanjali’, 209
(34.5%) are aware of ‘Vicco’ and 122 (20.2%) of the consumers are aware of ‘Emami’.
Identification of Brand
About Opinion on Identification of the Brand, Two fifth 246 (40.7%) of the
consumers are identifying the brand by ‘Trade Name’, 153 (25.3%) are identifying the
brand through ‘Logo’, 146 (24.1%) are identifying the brand through ‘Symbols’ and
remaining 60 (9.9%) are identifying the brand by ‘Package (colour)’.
With regard to source of information, more than one-third 213 (35.2%)of the
consumers source on the brands is ‘Friends’, (138) 22.8 per cent source is ‘Advertisement’,
(91) 15.0 per cent of the consumers source is ‘Relatives’, (63) 10.4 per cent of the
consumers through ‘Family Members’, (45) 7.4 per cent of the consumers are aware of
the brands over ‘Social Media’, 6.8 per cent through ‘Neighbours’, 1.7 per cent of the
consumers through ‘Doctors’ and only 0.7 per cent of the consumers are aware of the
brands through ‘Shopkeepers’.
More than two-fifths (41.5%) of the consumers spent ‘₹501 to ₹1,000’ per month
for the herbal products, 41.2 per cent spent ‘Below ₹500’, 12.9 per cent of the consumers
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spent ‘₹1,001 to ₹1,500’ and the rest 4.4 per cent spent ‘Above ₹1,501’ for the herbal
products per month.
Two-fifth (44.6%) of the consumers are buying the products in a particular shop
because of ‘Easy Payment Options’, 17.5 per cent are buying in a particular shop because
of ‘Less Cost of Purchase’, 16.5 per cent are buying for ‘Inability to Buy in Bulk’, 16.0 per
cent are buying as ‘Impulsive purchase’ and remaining 5.5 per cent are buying the
products in a particular shop because of ‘Lack of transportation facilities’.
Mode of Payment
Two-third (62.5%) of the consumers prefer ‘Paying Cash’, 23.0 per cent of ‘Cash
and Credit’ and 14.5 per cent prefer ‘Credit Facilities’.
More than two-fourth (39.5%) of the consumers are being misled or carried away
by ‘Interior Design’, 22.0 per cent are being misled or carried away due to
‘Shelf - Display’, 21.8 per cent are being misled or carried away due to ‘Outward
Appearance of the Shop’, and 16.7 per cent are being misled or carried away due to
‘Shopkeeper’s promotion for margin’.
More than half of the consumers have ‘low level’ of perception towards various
dimensions of reasons for choosing a particular shop to purchase the product such as
‘Offer Credit Facilities’ (52.4%), ‘Familiar with Retailer’ (61.2%) ‘More Variety of the
Product’(59.7%), ‘Freshness of the Product’ (59.5%), ‘Proper Display’ (69.4%),
‘Quick Services’ (58.8%), ‘Home Delivery Services’ (69.9%) and ‘Personal Selection’
(63.6%). However, nearly one – third of the consumers have ‘high level’ of perception
towards the variables mentioned above.
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Problems Faced while Purchasing the Products
More than half of the consumers have ‘low level’ of perception towards various
dimensions of ‘problems faced by them while purchasing the product’ such as ‘Cost of
the product’ (53.5%), ‘Irregular Supply’ (68.8%), ‘Retailers only have certain products’
(56.4%), No ‘Promotional offers’ (86.9%), ‘Duplication of Product’ (45.4%), ‘Product
not available with the local retailer’ (53.5%), ‘Not replacing the damaged goods’
(67.7%), ‘No Proper Display’ (51.0%), ‘Products are sold more than MRP’ (68.1%) and
‘Unfair price’ (94.3%). However, one – third of the consumers have ‘high level’ of
perception towards the variables mentioned above.
The majority (55.2%) of the consumers are using ‘Himalaya’ brand under
‘Skincare products’, 22.5 per cent are using ‘Patanjali’, 14.7 per cent are using ‘Dabur’,
6.4 per cent are using ‘Vicco’, and 1.2 per cent are using ‘Emami.’
The majority (51.9%) of the consumers are using ‘Himalaya’ brand under
‘Hair care products’, 22.7 per cent are using ‘Dabur, 21.3 per cent are using ‘Patanjali’,
2.1 per cent are using ‘Vicco’, and 2.0 per cent are using ‘Emami.’
The majority (48.1%) of the consumers are using ‘Himalaya’ brand under
‘Face care products’, 21.1 per cent are using ‘Patanjali’, 19.8 per cent are using ‘Dabur’,
8.3 per cent are using ‘Vicco’, and 2.6 per cent are using ‘Emami.’
The majority (46.8%) of the consumers are using ‘Himalaya’ brand under ‘Body
care products’, 26.4 per cent are using ‘Patanjali’, 16.5 per cent are using ‘Dabur’,
9.1 per cent are using ‘Vicco’ and 1.2 per cent are using ‘Emami.’
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5.6.2 Reasons for Buying the Particular Brand
Under skin care products majority (33.2%) rank ‘Brand Image’ as the ‘First Reason’
for selecting the particular brand of the herbal products, (28.8%) rank ‘Doctors Advice’ as ‘2’,
(28.6%) rank ‘Content of Herbs’ as ‘3’, (26.4%) rank ‘Cost of the product’ as ‘4’, (24.5%) rank
‘Certification of Standards’ as ‘5’ and (22.6%) rank ‘Personal Likeness’ as ‘6th rank’.
Under Hair care products majority (38.0%) rank ‘Brand Image’ as the ‘first
reason’ for selecting the particular brand of the herbal products, (28.8%) rank ‘Doctors
Advice’ as ‘2’, (25.8%) rank ‘Cost of the Product’ and ‘Content of the Herbs’ as ‘3’, (20.3%)
rank ‘Certification of Standards’ as ‘5’ and (20.2%) rank ‘Personal Likeness’ as ‘6th rank’.
Under face care products majority (32.2%) rank ‘Brand Image’ as the ‘First
Reason’ for selecting the particular brand of the herbal products, (31.4 %) rank ‘Cost of
the Product’ as ‘2’, (29.9%) rank ‘Doctor’s Advice’ as ‘3’, (29.3%) rank ‘Content of the
Herbs’ as ‘4’, (24.1%) rank ‘Certification of Standards’ as ‘5’ and (19.3%) rank ‘Personal
Likeness’ as ‘6th rank’.
Under Body care products majority (35.9 %) rank ‘Brand Image’ as the ‘First
Reason’ for selecting the particular brand of the herbal products, (29.9%) rank ‘Doctor’s
advice’ as ‘2’, (24.5%) rank ‘Certification of Standards’ as ‘3’, (23.8%) rank ‘Content of
the Herbs’ as ‘4’, (21.7%) rank ‘Cost of the Products’ as ‘5’ and (21.3%) rank ‘Personal
Likeness’ as ‘6th rank’.
The majority of the consumers using the same brand of skin care products
(45.7%) are using for ‘1-3 years’, (40.3%) for ‘Less Than 1 year’, (7.9%) for ‘3-4 Years’
and (6.1%) for ‘Above 4 Years’.
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Hair Care Products
The majority of the consumers using the same brand of hair care products for ‘1-3
years’ (42.3%) for ‘Less Than 1 year’, (10.6%) for ‘3-4 years’ and (1.5%) for ‘Above 4 Years’.
The majority of the consumers (44.1%) are using the same brand of face care
products for ‘Less Than 1 year’, (43.1%) for ‘1-3 Years’, (8.9%) for ‘3-4 Years’ and
(3.9%) for ‘Above 4 Years’.
The majority of the consumers using the same brand of skin care products (46%)
are using for ‘Less Than 1 year’, (39.5%) for ‘1-3 Years’, (10.5%) for ‘3-4 Years’ and
(4%) for ‘Above 4 Years’.
The majority of the consumers (53.7%) are buying the herbal skin care products
‘Once in a Month’, (14.4%) buying ‘Fortnightly’, (13.7%) buying ‘As and When
Needed’, (12.6%) buying ‘Once in 2 Months’ and (5.6%) buying ‘Once in 3 Months’.
The majority of the consumers (51.2%) are buying the herbal hair care products
‘Once in a Month’, (16.9%) buying ‘Fortnightly’, (14.5%) buying ‘Once in 2 Months’,
(11.7%) buying ‘As and When Needed’ and (5.7%) buying ‘Once in 3 Months’.
The majority of the consumers (54.7%) are buying the herbal face care products
‘once in a Month’, (13.9%) buying ‘Once in 2 Months’, (13.7%) buying ‘As and When
Needed’ and (7.1%) buying ‘Once in 3 Months’.
The majority of the consumers (45.8%) are buying the herbal body care products
‘Once in a Month’, (18%) buying ‘As and When Needed’, (13.7%) buying ‘Once in 2
Months’, (13.4%) buying ‘Fortnightly’ and (9.1%) buying ‘Once in 3 Months’.
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5.6.5 Number of Family Members Purchasing the Same Product of the Brand
The majority (48.3%) of the consumers family ‘Two Members’ are using the
same brand of skin care products, (28.4%) are ‘One Member’, (12.7%) are ‘Three
Members’, (7.8%) are ‘Four Members’, (2.5%) are ‘Five Members’ and (0.3%) are ‘Six
Members’
The majority (43.3%) of the consumers family ‘Two Members’ are using the
same brand of hair care products, (33.9%) are ‘One Member’, (15.9%) are ‘Three
Members’, (6.6%) are ‘Four Members’ and (0.3%) are ‘Five Members’.
The majority (38.7%) of the consumers family ‘One Member’ are using the same
brand of face care products, (35.9%) are ‘Two Members’, (18.2%) are ‘Three Members’,
(6.9%) are ‘Four Members’ and (0.3%) are ‘Five Members’.
The majority (40.8%) of the consumers family ‘Two Members’ are using the
same brand of Body care products, (35.9%) are ‘One Member’, (16.5%) are ‘Three
Members’, (6.4%) are ‘Four Members’ and (0.3%) are ‘Five Members’.
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Face Care Product
More than half (53.4%) of the consumers are stated that they are ‘not facing
problems while purchasing the products’.
Regarding ‘Prefer to change the current Brand, more than two-third (70.7%) of
the consumers ‘Do not Prefer to Change the Current Brand.
Regarding time of ‘Switching to the Different Brands’ more than half (53.1%) of
the consumers ‘Rarely Prefer to Switch to the different brands’.
More than half (35.2%) of the consumers are ‘Sometimes Checking the Price of
Goods’, when they buy alternative brands, 33.2 per cent of the consumers are ‘Checking
the Price of Products’, when they buy alternative brands and remaining 31.6 per cent of
the consumers are ‘Do not Check the Price of Products’, when they buy alternative
brands.
However, more than three-fourths (79.8%) of the consumers ‘Do not Approach
any Legal Organizations or Committees’ to represent their problems.
Three-fourth (74.4%) of the consumers are ‘Checking’ the ‘MRP and Expiry Date
before buying the products’.
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In connection to ‘Dissatisfaction with the Current Brand’ two-fifth (38.8%) of the
consumers are ‘Quit the Present Brand’, 34.9 per cent of the consumers are ‘Did Nothing’
and remaining 26.3 per cent of the consumers are ‘Quit the Supplier’.
However, three-fourths (76.9%) of the consumers ‘Have not Filed a Case in the
Consumer Court’.
More than two – thirds of the consumers have ‘Low Level’ of perception towards
dimensions of ‘awareness about consumer rights’ such as ‘Right to Safety’ (44.4%),
‘Right to be informed’ (79.9%), ‘Right to be Heard’ (71.4%), ‘Right to Choose’ (71.4%),
‘Right to Consumer Education’ (71.0%) and ‘Right to Seek Redressal’ (51.7%).
However, more than one – third of the consumers have ‘high level’ of perception towards
the variables mentioned above.
More than two – thirds of the consumers have ‘low level’ of perception towards
dimensions of ‘satisfaction about the product purchased’ such as ‘Price’ (43.8%),
‘Quality’ (48.3%), ‘Quantity’ (59.0%), ‘Colour’ (68.1%), ‘Smell’ (62.5%), ‘Package’
(67.6%), ‘Advertisement’ (53.6%), ‘Product Information’ (58.0%), ‘Personal Likeness’
(69.9%), ‘Family Likeness’ (72.6%), ‘Discount Offers’ (78.2%), ‘Healthiness’ (63.8%),
‘Gifts’ (76.7%) and ‘Extra Quantity’ (77.4%). However, nearly one – third of the
consumers have ‘high level’ of perception towards the variables mentioned above.
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5.8 Z-TEST
There is a significant difference between the gender of the consumers and overall
level of problems faced while purchasing the product (Z=2.904 P<0.01) such as irregular
supply, retailers only have certain products, not replacing the damaged products and
unfair price.
There is a significant difference between the gender of the consumers and overall
level of awareness about consumer rights (Z=3.815 P<0.01) such as the right to safety,
right to be informed, right to be heard, right to consumer education and right to seek
redressal.
There is a significant difference between the gender of the consumers and overall
level of reasons for buying herbal products (Z=4.436, P<0.01). The inference is gender
influences perception towards the overall level of reasons for buying herbal products.
The mean score ( X =2.6950) indicates that female have a high level of perception
towards the overall level of reasons for buying herbal products.
Gender and Perception towards Overall Level of Willing to Change the Current Brand
The mean score ( X =1.7453) indicates that female have a high level of perception
towards the overall level of willingness to change the current brand of the product.
The mean score ( X =1.8118) indicates that male have a high level of perception
towards the overall level of approach to any legal organisations to represent their problems.
The mean score ( X =1.2547) indicates that female have a high level of perception
towards the overall level of awareness on Verifying the MRP and expiry date of the
product.
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5.9 CHI-SQUARE TEST
There is a significant association between the Age of the consumers and Overall
Level of Awareness about the Brand Name of the Herbal Products (X2 =28.709 P<0.01).
The age group of 21-40 years consumers are having a high level of awareness.
There is a significant association between the Age of the consumers and Overall
Level of Reasons for Choosing a particular shop to purchase the products (X2 = 9.260
P<0.05) such as offer credit facilities, more varieties of products, home delivery and
personal Selection.
There is a significant association between the Age of the consumers and Overall
Level of Awareness about Consumer Rights (X2 = 11.626 P<0.01) such as the right to
safety, right to consumer education
There is a significant association between the Age of the consumers and Overall
Level of Satisfaction about Factors of Product (X2 = 15.763 P<0.01) such as price, colour,
package, personal likeness, promotional offers.
There is a significant association between the Size of a family of the consumers and
overall level of reasons for choosing a particular shop to purchase the product (X2 = 37.703
P<0.01) such as offer credit facilities, the freshness of the products and quick services.
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Strategies in Identification of the Brand and Dimensions of Satisfaction about
Factors of Product
Reasons for Consumers Being Misled and Dimensions of Problems Faced while
Purchasing the Products
There is a significant association between the Check the MRP and Expiry Date
before Buying the Product of the consumers and Overall Level of Awareness about
Consumer Rights(X2 = 7.465 P<0.01) such as right to safety, right to be informed, right
to consumer education and right to seek redressal.
The values of Phi (0.274) and Cramer's V (0.158) respectively indicate that Age
influences Perception towards Strategies in Identification of the Brand of the product at
the level of ‘27 per cent’ such as age of 21-40years are identifying the brands through
trade name and under the age of 20 are identifying the brands through symbol.
The values of Phi (0.374) and Cramer's V (0.216) respectively indicate that Age
influences perception towards awareness about Primary Source of the Brand of the
Product at the level of ‘37 per cent’ such as the age of 21-40 years are influenced by
friends and advertisement.
The values of Phi (0.237) and Cramer's V (0.137) respectively indicate that Age
influence the Perception towards Reasons for Consumers being misled or carried away’
of the product at the level of ‘23 per cent’ such as age of 21-40 years are misled by
interior design and shopkeeper’s promotion for margin and the age of under 20 years are
misled by interior design and outward appearance of the shop and self display.
The values of Phi (0.239) and Cramer's V (0.169) respectively indicate that
educational qualification influences perception towards Reasons for consumers’ being
misled or carried away of the product at the level of 24 per cent such as undergraduates
are misled by interior design, self-display. School level education consumers are misled
by interior design and outward appearance of the shop.
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Monthly Family Income and Strategies in identifying the Brand of the Herbal Product
The values of Phi (0.349) and Cramer's V (0.201) respectively indicate that
‘family monthly income’ influences ‘perception towards strategies in identification of the
brand of the product’ at the level of ‘35 per cent’ such as ₹40,001 and above income
category are identifying the brands through trade name and logo.
Monthly Family Income and Awareness of Primary Source of Brand of the Product
The values of Phi (0.425) and Cramer's V (0.212) respectively indicate that
‘family monthly income’ influences ‘perception towards Awareness about the primary
source of awareness of the brand of the product’ at the level of ‘42 per cent’.
Family Monthly Income and Reasons for Buying the Branded Herbal Products in a
Particular Shop
The values of Phi (0.292) and Cramer's V (0.146) respectively indicate that
‘family monthly income’ influences ‘perception towards Reason for buying the BHPs in
a particular shop’ at the level of ‘29 per cent’.
The values of Phi (0.329) and Cramer's V (0.329) respectively indicate that ‘Age’
influences ‘perception towards check the MRP and expiry date before buying the
products’ at the level of ‘33 per cent’ such as the age of 21-40 years and under 20years of
aged consumers are verifying the MRP and expiry date of the products.
The values of Phi (0.247) and Cramer's V (0.247) respectively indicate that
‘family monthly income’ influences ‘perception towards willing to change the current
brand’ at the level of ‘24 per cent’.
There is a significant variance among the educational qualification and overall level
of perception towards various dimensions of Awareness about consumer rights (F=4.239,
0.002<0.01) such as the right to safety, right to be informed and right to choose.
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Educational Qualification and Dimensions of Satisfaction Factors of the Products
There is a significant variance among the monthly income of the respondent and
Reasons for choosing particular shop to purchase the product. (F=4.059, 0.003<0.01).
Amount Spent for Purchasing the Product and Awareness Dimensions of the Herbal
Products
There is a significant variance among the amount spend for purchasing the
product of the consumers and perception towards various dimensions of Awareness about
Herbal Product. (F=3.415, 0.017<0.05) such as the consumers who spent Rs.1001 to
1500 are highly aware of BHPs
Amount Spent for Purchasing the Product and Reasons for Choosing a Particular Shop
There is a significant variance among the Average amount spent for purchasing
the product of the consumers and perception towards various dimensions of Reasons for
choosing particular shop to purchase the product(F=4.709, 0.003<0.01).
Amount Spent for Purchasing the Product and Problems Faced While Purchasing
the herbal Products
There is a significant variance among the Average amount spent for purchasing
the product of the consumers and perception towards various dimensions of problems
faced while purchasing the product (F=2.885, 0.036<0.05) such as the consumers
spending Rs.1501 and above are facing the problems of the cost of the product, irregular
supply, limited varieties, no promotional offers and duplication of the products.
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Primary Source of Getting Information and Awareness of Dimensions about the
Herbal Products
Goodman and Kruskal's gamma test gives "Gamma" row of the "Value" column
and is 0.493. This indicates that as ‘Source of information’ of the consumers influence
the ‘awareness about brand name of the herbal products’.
Furthermore, the "Approx. Sig." column shows that the statistical significance value
P=0.000, which means p< 0.01. Therefore, the association between Source of information of
the consumers and awareness about brand name of the herbal products is statistically
significant.
Reasons for Choosing a Particular Shop Awareness of Brand Name of the Herbal
Products
Goodman and Kruskal's gamma test gives "Gamma" row of the "Value" column
and is 0.315. This indicates that as ‘reasons for choosing a particular shop’ influence the
‘awareness about brand name of the herbal products’.
Furthermore, the "Approx. Sig." column shows that the statistical significance
value P=0.000, which means p< 0.01. Therefore, the association between reasons for
choosing a particular shop and awareness about brand name of the herbal products is
statistically significant.
Problems Faced while Purchasing and Awareness of Brand Name of the Herbal
Products
Goodman and Kruskal's gamma test gives "Gamma" row of the "Value" column
and is 0.530. This indicates that as ‘Overall problems faced while buying the Branded
herbal products’ influence the ‘awareness on the brand name of the herbal products’.
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Furthermore, the "Approx. Sig." column shows that the statistical significance
value P=0.000, which means p< 0.01. Therefore, the association between Overall
problems faced while buying the Branded herbal products and awareness about brand
name of the herbal products is statistically significant.
Goodman and Kruskal's gamma test gives "Gamma" row of the "Value" column
and is 0.396. This indicates that as ‘awareness about consumer rights’ of the consumers
influence the ‘awareness on brand name of the herbal products’.
Furthermore, the "Approx. Sig." column shows that the statistical significance
value P=0.000, which means p< 0.01. Therefore, the association between awareness
about consumer rights of the consumers and awareness about brand name of the herbal
products is statistically significant.
Goodman and Kruskal's gamma test gives "Gamma" row of the "Value" column
and is 0.453. This indicates that as ‘awareness about consumer rights’ of the consumers
influence the ‘Satisfaction and Awareness of branded herbal products’.
Furthermore, the "Approx. Sig." column shows that the statistical significance
value P=0.000, which means p< 0.01. Therefore, the association between awareness
about consumer rights of the consumers and Satisfaction and Awareness of branded
herbal products is statistically significant.
There is significant variance among the ‘Age’ and ‘primary source of awareness
about the product’ of the consumers and ‘perception towards Awareness about
Consumer Rights’ (F=3.281, 0.007<0.01, Significant) and (F=2.691, 0.021<0.05,
Significant).
The inference is Age and primary source of awareness about the product
influences the perception towards Awareness about Consumer Rights.
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5.13 MANOVA
Educational Qualification and Primary Source of Getting Information, Awareness
Dimensions of Herbal Products and Consumer Rights
There is a significant variance among the ‘Educational qualification’ and ‘primary
source of awareness about the product’ of the consumers and ‘overall level of perception
towards Awareness about herbal products’ and ‘Awareness about Consumer Rights’
(F=4.637, 0.000 <0.01, Significant and F=4.160, 0.000<0.01, Significant).
The inference is Educational qualification and primary source of awareness about
the product of the consumers significantly influence the level of perception towards
Awareness about herbal products and Awareness about Consumer Rights.
5.14 INTERCORRELATION MATRIX
The result shows that the regression analysis accepted Overall awareness of
consumer rights as the significant predictor of the Overall level of awareness of Branded
Herbal products. The Overall predictors contributed Multiple R of 0.332. The F ratio
computed for the significance of multiple R is 5.196, which is significant at 1 per cent
(0.000<0.01) probability level. The researcher concluded from the table that among the
various predictors’ Overall awareness of consumer rights and Primary source of
awareness of these brands of the consumers plays a dominant role in determining their
level of perception towards the overall level of awareness about the product. This study
concludes from the table that Overall awareness of consumer rights, the Primary source
of awareness of these brands and Identification of the brand of the consumers have been
broadly linked with least determination of the overall level of perception towards the
overall level of awareness about the product.
5.15 SUGGESTIONS
To Retailers
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The availability of Emami and Vicco in nearby shops should be ensured to
increase the sale of all kind of products.
Women are facing the problem of the quality issue while purchasing the herbal
products. This should be remedied by way of ensuring the quality of the branded
herbal products with proper certification standards.
Most of the consumers are concerned about the proximity of the purchase and
availability of the brands in nearby places should be ensured by the retailers.
Displaying of availability of different brands must happen in all the retail shops
since the consumers are dissatisfied with the display.
To Manufacturers
The herbal brands should ensure the variety of products that are offered to male
consumers.
The herbal brands should ensure its availability in the distribution centre and at
reasonable pricing.
People trust the herbal products due to safety, quality, no side effects, cost, and
cultural acceptability. Herbal products purchased based on the information on the
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accessibility of herbal products in a market and based on suggestions of family
and friends. As a result, herbal product manufacturers should create awareness of
the availability of herbal products amongst consumers primarily.
The herbal manufacturing companies can be concentrated more for its pricing and
other related aspects such as quality, quantity, originality and packaging.
While developing marketing strategies for a herbal product requires little different
view than the chemical, cosmetic product. Because consumers evaluate herbal
products based on the price and advertisements.
Changing product designs and sizes, playing with the prices, features and even
colour do generate a lot of consumer interest and help them to decide to switch
over to any other brand of herbal products. Giving importance to attributes
namely; Price, Design and Features make consumers remain loyal to any specific
brand and therefore it is suggested that marketers could use these attributes for
herbal products to generate consumer awareness, interest and getting a
competitive advantage over others who are reluctant to change quickly and
consequently fail to offer customers something new and yet better.
To Consumers
The herbal products are highly used in all level of products such as skin care, face
care, hair care and body care. The benefit of herbal products is no side effects and
fits into the budget. Indian consumers are varying in the skin type, and these
herbal products could be used for all types of skins without any side effects.
Companies are supposed to convey consumers that how they can develop their
personality using herbal products.
To Legal Authorities
The central or state government could establish an exclusive centre for promoting
the herbal products in Coimbatore district.
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Most of the consumers are not aware of consumer rights since consumerism is in
an upcoming trend and the social welfare organisations could educate the
consumers about consumer rights.
Duplication of the brands must be avoided by way of regular checking and proper
awareness about the brands. This duplication of one particular brand would lead
to unfair pricing, improper quality.
5.17 CONCLUSION
Finally, this study concludes that there are various factors in buying behaviour
vary from product to product and brand-to-brand depends on the nature of the usage.
Companies pay attention to these behaviours before formulating the strategies of
segmenting, targeting, and positioning the herbal products.
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