Professional Documents
Culture Documents
Background:- HORLICKS
INGREDIENTS:-
Wheat 41% (Wheat Flour and Malted Wheat),
Malted Barley 31%,
Dried Whey (Milk),
Calcium Carbonate,
Dried Skimmed Milk,
Sugar,
Palm Oil,
Salt,
Anti-Caking Agent (E551)
Vitamin Mix (Vitamin C, Niacin, Vitamin E, Pantothenic Acid, Vitamin B6, Riboflavin,
Thiamine, Folic Acid, Biotin, Vitamin D, Vitamin B12),
Ferric Pyrophosphate
Zinc Oxide
THE HYPOTHESIS
To find out the new strategy that helps to increase the market share and also finding the
consumption & buying behaviours of the consumer.
APPROACH NOTE – HORLICKS CONSUMPTION STUDY
To understand consumers triggers (among the loyalist of Horlicks) and barriers (among the
competition loyalist of Horlicks)
RESEARCH OBJECTIVES: -
To find out the consumer perception towards healthy drinks
Consumption behaviours of health drinks
o Occasions of consumption
o 5 W’s & H – Who, when, where, how, why?
To understand the buying behaviours of the consumer
o Place, quantity purchase, the price paid, frequency of purchase
Triggers & barriers for Horlicks
o What makes them buy?
o What stops them from buying?
To find out the imagery of Horlicks vis-à-vis competition
Ideal Health drink: To find out what they actually look for from a healthy food drink
o Benefits
o Product (Current Horlicks vs. ideal)
Look & feel (colour, texture, aroma, ingredients – nutrients)
In – use: ease of dispensing, ease of mixing, easy of dissolving (settling
at bottom)
While drinking: taste on the tongue, overall taste, after taste
Post use: storage (lumps)
o Packaging
Current issues (lumps); sizes
Discuss different options along with current (explore sachet)
o Price
Happy pricing
Lowest – quality
Highest - maximum they can pay
o Place – online/ offline/ modern trade/ general stores/ chemist
o Promotions/ communication:
Ads recalled/ message
Offers – 20% extra, buy 1 get 1; collectibles
SCOPE OF RESEARCH: -
Primary research: qualitative & quantitative - Depth interviews
o To get the consumer insights for chocolate & non – chocolate health drinks
Secondary research – desk research
To develop the market strategy for Horlicks
METHODOLOGY: -
APPROACH NOTE – HORLICKS CONSUMPTION STUDY
SAMPLE PLAN:-
TYPE OF STORE REGULARS ANDHRA PRADESH
HORLICKS LOYALIST -2
EFGD EACH
COMPETITON LOYALIST
(EFGD)