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Project Report ON "Analysis of Consumer Perception With Respect To Dabur Honey"
Project Report ON "Analysis of Consumer Perception With Respect To Dabur Honey"
ON
By
I, Abhishek Kumar Rajoria hereby declares that the project work entitled “A study
on Analysis of Consumer Perception with Respect to Dabur Honey” ,
Submitted to Guru Nanak Dev University, Amritsar, is a record of an original
work done by me under the guidance of Ashok Asthana, Faculty, New Delhi
Institute of Management, New Delhi, and this project work has not performed the
basis for the award of any degree or diploma and similar project if any.
2
CERTIFICATE
The assistance rendered during the study has been duly acknowledged.
No part of this work has been submitted for any other degree.
3
ACKNOWLEDGMENTS
The project has been a learning experience for me and would not have been possible
without the support and guidance of the above mentioned people. Needless to say,
I alone remain responsible for any errors that might have crept into the pages,
despite of my best possible efforts to avoid them.
4
Roll No: 892971
5
CONTENTS
6
LIST OF CHARTS
Annexure 67
Bibliography 68
Sample Questionnaire 70
7
honey
Chart 5.8 How ki ds consum e Dabur honey 53
Chart 5.9 How many times in a day kids consume Dabur honey 54
Chart 5.10 At what time kids consume honey 55
Chart 5.11 What free gifts kids prefer with Dabur honey 56
Chart 5.12 What is the percentage of the kids who remember 57
the advertisement and who do not
Chart 5.13 What is the percentage of mothers who consume Dabur 58
honey
Chart 5.14 What is the consumption ratio of Dabur honey 59
between mothers and kids
Chart 5.15 What is the level of satisfaction of the respondents 60
who consume Dabur honey regularly
Chart 5.16 According to you what is the main reason of 61
purchasing Dabur honey over other brands
Chart 5.17 Do you consume Dabur honey if not then which 62
brand you prefer to consume
Chart 5.18 Which package size you generally prefer buy 63
8
Chapter 1
INTRODUCTION
9
1.1 INTRODUCTION
Dabur India Limited, established in 1884, is one of the oldest health and personal
care companies of India. This young man, Dr. S.K. Burman, laid the foundation of
what is today known as "Dabur India limited". The brand name Dabur is derived
from the words ‘Da’ for Daktar or doctor and ‘bur’ from Burman. From a humble
beginning in 1884, as a manufacturer of traditional medicine in Calcutta, Dabur
has come along way to become a multi-facet, multi- locational and multi-
product modern Indian Corporation with a global presence. It now enjoys the
distinction of being the largest Indian F.M.C.G. Company and is poised to become a
true Indian multinational.
In the year 1991, Dabur Honey took to national level advertising for the first
time, placing the brand on the purity platform. Growth came, at about 20 per cent
that was not satisfactory. In the year 1994, Dabur gave the brand's ad account to
enterprise. At that time Dabur's ad spend for honey was a piffling Rs. 10-15 lakhs a
year. It changed the traditional perception of Indian consumer about honey as a
medicine to tasty, nutricious food on the breakfast table. Today in the year 2000-
2001, it is a 40 crore brand.
The purpose of undertaking this project is to get to the real life exposure and to get
the feel of the market dynamics .the scope of this project is limited to the
10
understanding of the product life cycle and the market potential of Dabur Honey.
The focus of this
10
project is to increase the consumption of Dabur honey and help the organization
from constant threat from its competitors and suggests the ways and
opportunities to maintain the share of Dabur honey.
The project has done a full justice to the research objective and gave me an insight
to the market potential. This project has been very important, as I have been able
to successfully utilize and apply the marketing tools thereby enhancing my
knowledge. This project has proved to be an important milestone in terms of
applying theoretical knowledge practically thereby making me aware of the
consumers perception about an FMGC product like Dabur Honey.
11
1.2 OBJECTIVE OF THE STUDY
12
1.3 SCOPE OF THE STUDY
The scope of this project is limited to the understanding of the product life cycle
and the market potential of Dabur Honey. The focus of this project is to
increase the consumption of Dabur honey and help the organization from constant
threat from its competitors and suggests the ways and opportunities to maintain the
share of Dabur honey.
The project has done a full justice to the research objective and gave me an insight
to the market potential. This project has been very important, as I have been able
to successfully utilize and apply the marketing tools thereby enhancing my
knowledge. This project has proved to be an important milestone in terms of
applying theoretical knowledge practically thereby making me aware of the
consumers perception about an FMGC product like Dabur Honey.
13
1.4 LIMITATIONS OF THE STUDY:-
Following are the important limitations faced during the research work undertaken
14
Chapter-2
Review of literature
15
Melanie G., “Honey Provides Antibiotic Benefits and a Low Glycemic
Sweetener”, Natural News Journal, January 2011 , Vol - 11, Page No – 40 - 59
Honey provides a natural sweetener that can be used instead of sugar. Honey is
a whole food that comes from plant nectar and does not raise blood sugar as
other simple sugars do. Honey also contains a variety of minerals and vitamins and
has a long history as a healing food. Honey has been used as an antiseptic,
antimicrobial, and antibiotic.
Antibiotic Honey Kills Germs Honey has long been used for its antibiotic properties
and research has now demonstrated the mechanism. In an article published in
the Journal of the Federation of American Society for Experimental Biology,
scientists explain that a protein made by the bees called defensin-1 is the active
germ-killing ingredient in honey. The researchers postulate that honey may even be
able to treat diseases and infections that are antibiotic resistant such as MRSA
(Methicillin- resistant Staphylococcus aureus).
16
This article presents a review of the existing literature on the concept of value in
order to shed light on the confusion surrounding this construct. The analysis
highlights the polysemy and the diversity of terms that have been used, along
with the different definitions that have been proposed. Convergent and divergent
elements are also identified. As a result of this review and analysis, the features
that characterize the concept of consumer value are determined and a conceptual
framework is proposed as a basis for future research.
Dabur Honey — which has captured 75 per cent of the Indian market — had the
antibiotic Oxytetracycline at nine times the level that is permitted for exported
honey. It also had significant amounts of two other drugs completely banned for
use in honey. If the sample was placed for export to the United States or the
European Union, it would have been rejected.
Nectaflor Natural Blossom Honey, made by Narimpex of Switzerland, had the largest
number — five — of the six antibiotics that it was tested for, including the highest
levels of ampicillin and erythromycin, both of which are not permitted for
beekeeping in any country. It would be illegal to sell it even in Switzerland itself.
Similarly, the Australian brand, Capilano Pure & Natural Honey, which is sold in
40 countries, violated standards set in its home country.
17
It is clear that foreign companies are taking advantage of the lack of regulations in
India. After all, if our government does not care about the health of its people,
why should these companies care. We have standards for antibiotic contamination
in the honey we export. The government even tests and certifies that exported
honey meets health and safety regulations. But we do not have any standards for
domestic honey. This is clearly unacceptable,”.
A series of studies demonstrates that consumers are inclined to believe that the selling
price of a good or service is substantially higher than its fair price. Consumers
appear sensitive to several reference points—including past prices, competitor
prices, and cost of goods sold—but underestimate the effects of inflation,
overattribute price differences to profit, and fail to take into account the full
range of vendor costs. Potential corrective interventions—such as providing
historical price information, explaining price differences, and cueing costs—were
only modestly effective. These results are considered in the context of a four-
dimensional transaction space that illustrates sources of perceived unfairness
for both individual and multiple transactions.
Sanzo M.J.; "Attitude and Satisfaction in a Traditional Food Product", British Food
Journal, 2003, Vol - 105, Page No.771 – 790.
The aim of this work was to analyse the relationships between three types of
variables: consumer attitude towards a generic product – honey; the perceived quality
of the specific brand consumed; and the satisfaction with this brand. The paper first
tests the effects the different perceived quality dimensions exercise on satisfaction.
Second, the paper proceeds to analyse the influence of attitudes, on the one hand, on
the different quality dimensions and, on the other hand, on the effects of such
dimensions on satisfaction.
18
Mazis A. B, “Consumer Perceptions of Health Claims in Advertisements and on
Food Labels”, Journal of Consumer Affairs, Summer 1997, Vol - 31, Issue - 1, Page
No – 10
-26
It has been hypothesized that consumers are more skeptical of health claims made
in food ads than of health claims made on food labels. Therefore, the current
research explores consumers' skepticism of health claims when the source of such
claims is identified as a food ad or a food label. The study also examines whether
consumers' beliefs are affected by nutrition information on food labels and whether
health claims that have been challenged by the Federal Trade Commission (FTC)
and by consumer groups are more likely to affect consumers' beliefs than are
unchallenged health claims. The findings have implications for understanding the
role of education in reducing consumer misperceptions of health claims.
The authors analyse the issue of comparative price advertising from a behavioural
perspective. Because public policy recognises that comparative pricing may lead to
consumer misperceptions, the authors review the regulatory setting and pose
several research questions that need to be addressed. A complex experiment and
replication examining some of these questions is reported.
19
Chapter-3
Research Approach
20
3.1 METHODOLOGY
Present study is empirical in nature and based mainly on primary data collected
from respondents through questionnaire and observations. Besides collection and
analysis of primary data, secondary data and pertinent literature has been
compiled from published and documented sources. Previous studies, surveys,
reports and research work have been consulted while concerned persons have
been approached to get insights and relevant statistics on the topic of
investigation. The objective of the research is to find out the consumer perception in
case of Dabur Honey.
A detailed survey of retailers and consumers was carried out to find out
their perception of Dabur Honey. The details of the methodology are stated below.
21
PROCEDURE OF MARKETING RESEARCH
Develop the
Research Plan
Collect the
Information
Analyze the
Information
Present the
Findings
22
3.2 Research Design
This project will be conducted based on the qualitative empirical research including
graphical representation of the collected data. A qualitative method was chosen
for this project, because it tends to focus on one or a small number of cases, to use
depth analysis of collected materials, to be discursive in method. Qualitative
exploratory method is appropriate here, since this project will focus on the
perceptions and prioritization of consumer in case of purchasing dabur honey and
the various factors and identify important parameters for customer acceptance of
dabur honey. The factors can be best analyzed based on the qualitative methods
for its descriptive possibilities. If required, the descriptive and casual approaches
may also be used.
23
3.3 Nature of data
. Internet
. News Paper
. Others Books
24
3.4 DATA SOURCE
The Initial data was collected with the help of the managers and executives of the
company. The Questionnaire was framed with the needed information in mind
and each question was directed and denoted towards finding out specific information.
25
3.5 SAMPLE SIZE AND SAMPLING METHOD
Universe
The customers who prefer to buy dabur honey were covered to study the
customer perception and factors affecting their buying behavior.
Sampling method
A survey was conducted in and around Delhi city and NCR Region. Sample sizes of
respondents were 360.
Analysis involves converting raw data into useful information. It involves tabulation
of data and graphical representation of these data. This phase will mark the
culmination of the research effort. The research findings and personal experience
will be used to propose recommendations to study the various factor and
identify
important parameters for customer perception and consumer buying behavior with
respect to Dabur Honey .
26
3.6 TOOLS OF PRESENTATION
The analysis was done on the various data collected by the method of questionnaire.
The analysis method consisted of various pie diagrams and charts that reflected
the basic objectives of the study. Emphasis was placed on providing the facts
though certain suggestions and recommendations from the respondents while
taking interview.
27
CHAPTER – 4
COMPANY PROFILE
28
4.1COMPANY SNAP SHOT
Dabur has come along way to become a multi-facet, multi- locational and
multi- product modern Indian Corporation with a global presence. It now
enjoys the distinction of being the largest Indian F.M.C.G. Company and is poised
to become a true Indian multinational. The phenomenal progress has been many
milestones, some of which are mentioned below:
. 1884- Dr. S.K. Burman lays the foundation of what is today known as
Dabur India Limited. Starting from a small shop in Calcutta, he began
a direct mailing system to send his medicines to even the smallest of
villages in Bengal. The brand name Dabur is derived from the words ‘Da’
for Daktar or doctor and ‘bur’ from Burman.
29
. 1940– Dabur diversifies into personal care products with the launch of its
Dabur Amla Hair Oil. This perfumed heavy hair oil catches the imagination of
the common man and film stars alike and becomes the largest hair oil brand in
India.
. 1956- Dabur buys its first computer. Accounts and stock keeping are one of
first operations to be computerized.
. 1970- Dabur expands its personal care portfilio by adding oral care
products. Dabur Lal Dant Manjan is launched and captures the Indian rural
market.
. 1972- Dabur shifts base to Delhi from Calcutta. Starts production from a
hired manufacturing facility at Faridabad.
. 1996- Dabur launches Real Fruit Juice which heralds the company’s entry
into the processed foods market.
. 1998- The Burman family hands over reins of the company to professionals.
Mr. Nunu Khanna Joins Dabur as the Chief Executive Officer.
30
. 1999-2000- Dabur achieves the Rs. 1000 crore turnover mark.
30
. 2002 - Dabur record sales of Rs 1163.19 crore on a net profit of Rs 64.4
crore
“What is that life worth which can not bring comfort to others”.
VISION
“ Dedicated to the health and well being of every household”
PRINCIPLES
Ownership
This is the company where personal responsibility and accountability are accepted
to meet business needs.
People Development
People are the most important asset. The value is added through result driven
training and the encouragement is through reward and excellence.
Consumer Focus
Superior understanding of consumer needs and develop products to fulfill then better.
Team Work
31
Working together on the principle of mutual trust and transparency in a boundary
less organization
Innovation
Continuous innovation in products and processes is the basis of the success.
ADVERTISING
. BRAND AMBASSADORS :
1. Amitabh Bacchan
2. Mahender Singh Dhoni
3. Karishma Kapoor
4. Mandira Bedi
5. Sunil Shetty
Plant locations:
Subsidiaries:
Dabon International Limited: It has a 50:50 joint venture with Bongrain of France
for manufacturing dairy products. The company has 20% market share in
processed cheese market. The company sells its cheese under Dabon brand name.
32
Excelsia foods Limited: The company's joint venture with Nestle SA
for manufacturing and selling biscuits. The company divested its entire holding in
the venture for a token sum of Rs10 as the venture was a loss making with negative
net worth.
Dabur Foods Limited: The company hived off the foods division into a
separate 100% subsidiary during the year. The company has Real Fruit Juice,
Hommade range of condiments, Lemoneez and other brands in its portfolio. The
company launched its Coconut Milk to its portfolio during the year.
33
DIVISION WISE BREAKDOWN OF CONSOLIDATED
Revenue Financial
34
CHYAWANPRASH – Largest Ayurvedic medicine with market size of about Rs.
2 billion, Daburis market leader with 65% share
35
PRODUCT PUNCH LINE
36
4.2 PRODUCT PROFILE
心 The only big organization selling honey at that time was Khadi Gram Udyog
that too unbranded produce from villages to the urban markets.
心 Dabur found that the demand is low. Honey's usage was restricted to the world
of therapy; used as a cough palliative, a skin conditioner or alternately as a
base ingredient for other ayurvedic formulations.
心 Dabur made a start of mass marketing its honey. By flowing honey through
its distribution stream, all that the company had achieved was placing the
product within the urban consumer's reach.
心 By the late 1980's, small regional brands had started getting stronger,
although they were confined to small pockets by their lack of a wide
distribution mechanism. This posed a danger.
心 Other brands- Natural way (Golden Meadows), Allied's and Mehson's
among them had started gaining recognition in the branded honey market.
And some more were on their way in, some with fancy packaging to target
the upmarket buyer. The small marketers were selling on price, which meant
trouble for Dabur.
心 In the year 1991, Dabur Honey took to national level advertising for the first
time, placing the brand on the purity platform. Growth came, at about 20 per
cent that was not satisfactory.
心 In the year 2007, Dabur gave the brand's ad account to enterprise. At that
time Dabur's ad spend for honey was a piffling Rs. 7 – 8 crore a year. It
changed the traditional perception of Indian consumer about honey as a
medicine to tasty, nutricious food on the breakfast table.
心 Today in the year 2009 - 2010, it is a 350 crore brand.
37
4.3PRODUCT LIFE CYCLE
1. Introduction- This is a stage in which the product is introduced in the market and
is a period of slow sales growth. Profit are nonexistent in this stage because
of heavy expenses incurred with product introduction.
38
In the above stages, the MARKETING STRATEGIES, which should be adopted, are:
2. GROWTH- In this stage, the main objective is to maximize the market share by:
♦ Offering product extensions, service, warranty etc.
♦ Price should be such that it penetrates the market.
39
S a l e s
&
S
A
RL
E
I
O
T Prof
($) INTRODUCTI ON GROWTH MATURITY DECLINE
Source: www.daburindia.com
40
PRODUCT LIFE CYCLE
Taking into consideration the Dabur Honey, this has market share of 66% (in
value) and 44% (in volume). Its annual sales are approximate 40 corers per annum.
The total market of honey is 100 corers. The dabur honey was relaunched in
1994 as food items. There has been 12% in increase in sales from the last year,
which is a positive sign. The company is nowadays offering it as a food. It is
being widely distributed and lot of money being spent on advertising and
sales promotion. Reminder Advertising is important to remind the target market
about the existence of the product.
41
4.4CONSTITUENTS OF HONEY
Percentage
. Total Dissolved Solids 70-80
. Sugars
. Fructose (Levulose) 38
37
. Glucose (Dextrose)
2
. Sucrose
0.5
. Other higher sugars
20
. Water
Traces
Source: www.daburindia.com
42
4.5 SWOT ANALYSIS
A very useful tool in analyzing a business spectrum is the SWOT Analysis. This
four lettered word is formed from the initials of the following words: Strength,
Weakness, Opportunity and Threat. The analysis is done by identifying these four
parameters
involved with the organization and utilizing them as analytic tools for carrying out the
process.
After conducting the survey, the following facts were noticed in regard to the
above mentioned parameters. An effort has been made to show these facts in a
detailed form in so called SWOT ANALYSIS.
43
BRAND STRENGTH / WEAKNESS ANALYSIS
44
THREATS
. Branded honey is available in the market with five or six flavors.
. Competitive brands are giving more margins because of which retailers are least
interested in selling their product.
OPPORTUNITIES
. New flavors of honey could be introduced.
. Innovative packaging like sachet and plastic packaging could be launched.
. In Ghaziabad, market for expensive foreign honey has not been developed yet,
so there are only few brands including local ones among which Daburis the
leader.
. Indian Brands
Mehsons
Baidyanath
Natural Way
Himani
Zandu
Charakh
Himalayan
Himflora
Kashmiree Honey
45
. Foreign Brands
Capilano (Australian)
Lagneese (German)
Fragata
. Domestic Brands
46
CHAPTER- 5
FINDINGS
&
ANALYSIS
47
Based on the questionnaire, the following results could be drawn in graphical
form. For the several parameters involved in the study it is beyond the scope of this
report to show each result based on individual parameters as that would
unnecessarily turn the project report lengthy and cumbersome to follow. The
numbers indicated in the results below represent the sample size or the number of
respondents involved in the study.
PART-A
FINDING AND ANALYSIS OF RESPONSE FROM (RETAILERS)
Chart 5.1 What is the percentage of the retailers who keep honey as a product in
their outlets?
8%
92%
INTERPRETATION
It was observed that 8% of the retailers don’t keep honey at all while 92% of the
retailers do keep honey. Most of the retailers they keep honey because it is
consumed as a daily routine of life and has many benefits.
48
Chart 5.2 What is the percentage of the retailers who think that the gifts/
schemes provided with the brand are attractive?
10%
10%
80%
INTERPRETATION
About 80% of the retailers told that the effect of the present gifts in nil while
10% respondents told that they are attractive and remaining 10% were neutral and
prefer not to answer. This indicates that Dabur as a brand do not have to
concentrate more on offer gifts as they already are market leader with 75% market
share and has earned trust as a result of quality and services.
49
Chart 5.3 How many retailers keep only Dabur honey and how many keep
other brands too?
4%
44% 52%
Keep Only Dabur Honey Other Brands Including Dabur Don't Keep Dabur Honey
INTERPRETATION
About 52% of the retailers keep only Dabur Honey while 4% of them do not keep
Dabur Honey and remaining 44% of the retailers keep other brands too along
with Dabur. Customer generally go for Dabur because of the quality and
advertisements where as advertisement issued by other companies were
comparative less as compared to Dabur hence consumers are not much aware about
them.
50
Chart 5.4 What influences the sales of Dabur Honey?
2%
9%
5%
10%
52%
17%
INTERPRETATION
About 52% of the retailers told that sale of Dabur Honey is mostly influenced by
its brand name, 17% told that it is influenced by quality, 10% told that sales is
influenced by product’s purity, 5% because of advertisement, 2% respondents
told that it is because of promotion schemes and 5% told that it is due to easy
availability. This is because the company is oldest in this field and hence trust is
there, also the sales in influenced due to quality of Dabur
51
Chart 5.5 How many retailers complained about crystallized honey?
30%
70%
INTERPRETATION
About 30% of the retailers’ have complained about the crystallized honey
while remaining were not having any complaint. It is due to the fact that
people who consume honey or who sells it does not themselves know much about
the plain honey and the crystallized honey classification also the taste is almost same .
52
Chart 5.6 How many retailers are satisfied with the margin provided to them?
39%
61%
INTERPRETATION
About 61% of the retailers were unsatisfied while remaining was satisfied with the
margin provided to them because due to the fact that Dabur enjoys a large market
share and retailers doesn’t have to promote it to consumers more to push the sale of
honey.
53
PART-B
28%
72%
INTERPRETATION
About 28% of the kids don’t eat honey at all while majority of them (72%) do
eat honey because kids mostly consume honey with milk and adding honey to most
of the eatable add a good taste to it so they prefers it rest may avoid it due to the
health reason or un availability.
54
Chart 5.8 How do you consume Dabur honey?
13%
39%
48%
INTERPRETATION
About 39% of the kids consume plain honey directly followed by 48% of the kids
who consume it with bread, milk or paranthas and rest 13% of them consume it
as directly or with other eatables like with milk, bread and paranthas as it adds a
taste to these items.
55
Chart 5.9 How many times in a day you consume Dabur honey?
34%
66%
About 66% of the kids consume honey once a day while 34% of them consume
honey twice or thrice a day. The consumption of honey is mostly once a day
because kids prefer it at the morning / evening time while having there breakfast/
evening snacks and also the consumption of honey in the morning is more
beneficial due to medical
reasons.
56
Chart 5.10 In which form would you like to consume honey?
26%
33
34%
As food items
As Snacks
As Medicine
As Both ( Food Items & Snacks)
INTERPRETATION
About 33% of the kids consume honey as food items (At a specific time ie.
in morning or evening), 34% of them consume it as snacks (ie. at any time of the
day), and 26% of them consume it as both snacks and food items. Remaining 7%
consume it as medicine, this difference arise mostly due to the difference in
education, culture and thinking pattern of parents / kids.
57
Chart 5.11 “Which free gift/ gifts would you like to have with Dabur honey”?
23%
53%
24%
INTERPRETATION
About 53% of the kids prefer chess as free gift while 24% of them prefer sketch
pens and remaining prefer snake & ladders as free gift. Now a days kids are more
smart so they prefer to play smart games which passes there time and also
sharpen there memory along with entertainment.
58
Chart 5.12 Do you remember the advertisement issued by Dabur to promote
Dabur honey?
1%
90%
SeenandremembertheDaburadvertisement NotSeentheadvertisement Otheradvertisement
1
9%
90%
Seen and remem ber the Da bur advertise tnSteen the advertisement
Other advertisement
INTERPRETATION:
About 90% of the kids have seen and remembered the Dabur advertisement, while
9% have not seen the advertisement and 1% kids have seen the advertisement of
other brand’s also. This is because of the brand ambassador the company hire for this
job is always a big name like Amitabh, Dhoni they both are so much popular that
any one can remember .
59
PART-C
Chart 5.13 What is the percentage of mothers who consume Dabur honey?
14%
86%
INTERPRETATION
About 14% of the respondents mother don’t consume honey at all followed
by majority of the respondents mother (86%) consumes who consume it daily.
Reasons behind non consumption of honey highlights that most of them do not like
it or they think it does not affect their health much.
60
Chart 5.14 What is the consumption ratio of Dabur honey between mothers and kids?
35%
65%
Kids Adults
INTERPRETATION
About 65% of the respondents told that kids consume honey the most, while 35% of
the respondents told that adults consume honey the most because kids generally like
sweet and the elder people to make child eat they apply honey on food items, it
is recommended too by the doctors.
61
Chart 5.15 What is the level of satisfaction of the respondents who consume
Dabur honey regularly?
17%
44
39%
INTERPRETATION
About 17% of the respondents are satisfied with Dabur honey, the level of
satisfaction for 39% of the respondents was good and for 44% of the respondents
was very good. This shows those maximum respondents are satisfied with Dabur
honey becausese of the consistent quality service and taste.
62
Chart 5.16 According to you what is the main reason of purchasing Dabur
honey over other brands?
21%
30%
24%
25%
INTERPRETATION
About 34% of the respondents purchase Dabur honey because of quality, another
27% respondents purchase it because of purity, 26% respondents go for it due to
easy availability, 23% prefer it due to brand name. Consumers generally prefer
to buy Dabur honey because of its quality & purity.
63
Chart 5.17 Do you consume Dabur honey if not then which brand you prefer to
consume?
10%
90%
INTERPRETATION
About 90% of the respondents consume Dabur honey, while they remaining
respondents (10%) consumes honey of other brands. The consumption of Dabur
honey is more because Dabur offers quality and taste also it is the market leader
with 75% of the market share.
64
Chart 5.18 Which package size you generally prefer buy?
17%
5%
40%
38%
INTERPRETATION
About 40% of the respondents generally consume 500 gms pack, 38% respondents
consume 200 gms., and rest 5% respondents consume 1 Kg pack followed by
17% respondents who consume 50 gms./100 gms pack. The pack which is mostly
preferred by the mothers is the 500 gms because it is easy to store and convenience
to handle also the price range is within budget.
65
Chapter 6
CONCLUSION
&
SUGGESTION
66
CONCLUSIONS
. This survey has revealed that the Ayurvedic industry is a very complex industry with
a manufacturing process, which is sensitive and requires expert supervision as
Dabur Honey enjoy good brand loyalty.
. Dabur Honey is under constant threat from it competitors and loosing its
market share. Due to an inadequate budget for advertising, the company has
been unable to promote and create a consumer base of its own.
. The Dabur Honey brand is a major player in the market. Though due to
inefficient distribution and sales network its true potential is yet to be realized.
As currently they hold the 75 % of the market share but with better supply
chain management they can improve more.
. While conducting the study it was analysed that people mainly buy the product
because trust factor and the company is lacking in fulfilling the demand due to
there poor supply chain management so the need to work on it.
. During the study it was found that the margin paid to the retailers were less as
compared to the competitors.
67
SUGGESTIONS
After the survey and the analysis, a lot of information was gathered this is
being presented in the form of suggestions.
. As the honey is targeted to the kids, they are consuming honey in the same ways
as suggested in the advertisement. So, if the consumption of honey has to be
increased the new uses can be suggested. (e.g., it can be used for preparation of
cakes, jelly, squash etc.)
. To increase its consumption, it can be written on the bottle of the honey that
for best results, use thrice a day for kids and twice a day for adults (as the case
may be)
. It is natural for honey to crystallize but consumers can be made aware about
this fact because it is affecting the sales.
. More schemes like ‘Seasonal Schemes’ can be given to the retailers. More
and more displays like window hiring can be given for the retail outlets as it has
been said that “ Jitna Dikhega Utna Bikega”
. Margin can be increased because other competitors are giving more margin
due to which the retailers are least interested in pushing the brand (Mehsons is
giving 36% margin).
. The main competitors are Mehsons, Natural way, Himani which are not as
strong as Dabur.The Brand like Mehsons can be purchased to kick it out from the
market.
. Foreign brands like Capilano, Lagneese, Fragata are now available in the
market and doing well in posh markets like South Delhi
. An awareness programme can be done in the schools like Mother’s pride where
gifts and posters can be given to the kids and by distributing small sachets
and gifts to the children on the places like ‘malls and amusement parks’
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through the Joker.
68
ANNEXURE
69
BIBLIOGRAPHY
BOOKS
JOURNALS
.
4. Bolton L., et al; “Consumer Perceptions of Price (Un) Fairness”, Journal of
Consumer Research, March 2003, Vol - 29, Issue - 4, Page No - 474-491.
70
6. Mazis A. B,“Consumer Perceptions of Health Claims in Advertisements and
on Food Labels”, Journal of Consumer Affairs, Summer 1997, Vol - 31, Issue - 1,
Page No - 10-26.
WEB - SOURCES
www.daburindia.com
NEWSPAPERS
Business Standard
Economic Times
Navbharat times
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SAMPLE QUESTIONNAIRE
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QUESTIONNAIRE (CHILDREN)
1. [i] Name … … … … … … … … … … … … … … … … … … … …
[ii] Age … … … … … … … … … … … … … … … … … … … … .
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7. Which free gift/ gifts would you like to have with Dabur honey?
[i] Snakes And Ladders ž [ii] Sketch Pens ž
[iii] Chess ž
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QUESTIONNAIRE (MOTHERS)
1. PERSONAL DETAILS
Name:
Address/Tel:
Age:
Occupation:
Income:-
(i) Below - Rs. 5,000 ž
(ii ) Rs. 5,000 - Rs. ž
10,000 (iii ) Rs. 10,000 - Rs.
ž
15,000
(vi ) Rs. 15.000 & above ž
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5. How do adults consume honey?
(i) Honey plain ž (ii) With toast/Bread ž
(iii ) With Milk (iv) With Ice-cream ž
(v) With Biscuits ž (vi) With Nibu Pani
ž (vii) With Parathas/Roti (viii) Any Other
ž
6. When do you take honey?
(i) At breakfast ž
(ii) Any times of the day as a snacks ž
(iii) As when need arise ž
(iv) Any other (specify) ž
12. Which brand comes to your Mind first when you heard of the word "Honey"?
(i) Dabur ž (ii) Zandu ž
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(iii) Himani ž (iv) Any other Specify) … … … … ...
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13. Which brand do you consume?
(i) Dabur ž (ii) Zandu ž
(iii) Himani ž (iv) Any other (Specify) … … …
(ii) Good ž
19. Your level of satisfaction:-
(iv) Any other (Specify) … …
(i) Very good ž
(iii ) Satisfy ž
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QUESTIONNAIRE (RETAILERS)
1. Do you keep
honey? [i] Yes ž [ii] No ž
6. (If answer is one in question five) which pack sizes of Dabur honey do you have?
[i] 50 gms. ž [ii] 100 gms. ž
[iii] 200 gms. ž [iv] 500 gms. ž
[v] Any other (specify) … … … … … … … … … … … … … … … … … .
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9. What factors influence customers to buy Dabur Honey?
[i] Purity ž [ii] Quality ž
[iii] Price ž [iv] Easy availability
[v] Advertisement [vi] Packaging ž
[vii] Brand name ž [viii] Free gifts
10. Do you think that the gifts/ schemes provided with the brand are
attractive? [i] Yes ž [ii] No
[iii] Can Not Say
12. What do you think that more consumption of Dabur Honey depends upon season also? If
Yes?
[i] Winter ž [ii] Summer ž
[iii] Rainy Season ž [iv] Any other (specify) …………
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