Beruflich Dokumente
Kultur Dokumente
AT
PEPSI CO PVT LTD
CONTENTS
page no
CHAPTER-I
INTRODUCTION
Need for the study
Objectives of the study
Research methodology
Scope of the study
Limitations of the study
CHAPTER-II
COMPANY PROFILE
CHAPTER-III
THEORETICAL BACKGROUND ABOUT THE TOPIC
CHAPTER-IV
DATA ANALYSIS
CHAPTER-V
CONCLUSIONS
SUGGESTIONS
QUESTIONNARE
BIBLIOGRAPHY
CHAPTER-I
INTRODUCTION
INTRODUCTION
Need for the study
As they concoct their strategies, keeping an eye on each other all the time,
ultimately there's only one guy they have to watch out for, who will determine
their fortunes: the consumer. The real race to quench his thirst has just begun
Research methodology
Data will be collected from a sample size 1000 and distributed over different
areas by using simple Random Sampling. Random Sampling consists of
1. Demographic Segmentation
2. Sociocultural Segmentation
3. Use-Related Segmentation
4. Use-Situation Segmentation
Analysis
1. Data Analysis is done both qualitatively and quantitatively.
2. The analysis is presented pictographically using bar graphs
The new economic policies of the Govt. of India adopted in the mid eighties
were given further impetus by the early nineties. The Indian market has
undergone considerable changed as a direct consequence of many of these
policies and soft drink industry is no exception to this.
Keeping the above - mentioned perspective in the background, the researcher
has selected soft drink market, since the marketing task his became more
challenging and intensive competition has opened up new vistas.
Companies are evolving marketing strategies by studying the demands of the
market place increasingly penetrating into appropriate market segments
introducing differentiated products to improve their market share. The soft drink
market has achieved an accelerated growth in the past decade.
Soft drinks include ail types of non - alcohol carbonated flavored or otherwise
sweetened beverages. The entry of and Coca - Cola the reentry of Pepsi in the
India market arc inevitably facing stiff competition but the ultimate winner is
customer/consumer. This has led the researcher to study me perception of
consumers towards different brands of soft drinks and to gauge out the
promotional strategic being adopted by the marketers to lure promiscuous
buyers and win a larger share in the markets.
The pepsi wars are intensifying and bringing manifold changes in the soft drink
industry. The researcher has conducted a detailed survey, interpreting the
responses to study the perception of the consumers. Now the people with
changing life styles and increase in income levels have made the soft drink a
common man drink. Liven through the existing system of marketing of soft
9
drink has not tapped such a big market in the interiors of the country specially
the rural areas, as marketing in the suburban and rural areas is developing
slowly. Despite the soft drink industry is growing at a very healthy pace and
stands at 18% per annum. The market for cool drinks comprises of adults in the
35 years age group who are largest consumers of the soft drink in the country
followed by young adults in the age group of 15-25 years and children in the
age group of 614 years hence, companies must develop their product and
marketing slraleiues to suit their needs.
10
11
CHAPTER-II
COMPANY PROFILE
12
COMPANY PROFILE
world Headquarter is
located in
Purchase, New
York,
1977 Milestone
Parle launched Thumps-Up and pure drinks launched Coca-Cola.
1990 Milestone
In March, Pepsi-Cola and 7-Up launched markets in north India.
In May, the Government cleared the Pepsi-Cola project again but with a
change in brand name to Lehar Pepsi, simultaneously it rejects the CocaCola application Citra from the Parle, stable hited the market.
1991 Milestone
Pepsi-Cola extended its soft drinks business and reached at national scale.
Pepsi-cola launched its product in Delhi and Bombay.
14
1992 Milestone
In January, Brito Foods application is cleared by the FIPB. Pepsi-Cola
and Parle start initial negotiation for a strategic alliance but took break off after
a while.
1993 Milestone
Pepsi-Cola launched Slice & Teem captured about 25-30% of the soft
drink market in about 2 years.
1994 Milestone
Pepsi bought Dukes & Sones.
1995 Milestone
Pepsi-Cola lunched Cans, having capacity of 330ml in various flavours.
1996 Milestone
Pepsi-Cola domestic and International operations combined into a PepsiCola Company. International and Domestic operations combined into one
business unit called Frito-lay Company.
1997 Milestone
Pepsi-Cola brought Mirinda Orange Opposite to Fanta.
1998 Milestone
Pepsi-Cola launched Mirinda Lemon opposite to Limca. In September,
final approval for the Pepsi Foods Ltd. Project granted by the Cabinet
Committee on economic affairs of the Rajeev Gandhi Govt.
1999 Milestone
15
Pepsi-Cola launched Diet Pepsi can and 1.5 Lit. PET bottle for
health conscious people.
2001 Milestone
Pepsi-Cola launched Slice in Tetra Pack .
2003 Milestone
Pepsi-Cola launched Pepsi Blue to get the favour of world cup season.
2005-Milestone
Pepsi-Cola launched Mirinda in Straw Berry flavour to get the favour of
movie Batman.
2005-Milestone
Pepsi-Cola launched 7-up as 7-up ice. Pepsi-Cola launched Mountain Dew
to be more competitive with Coca-cola.
Harbhajan Singh
Rahul Dravid
Zaheer Khan
Priyanka Chopra
Some famous lines of Pepsi are : Yehi Hai Right Choice BabyAaha !!
Nothing Official About It
Choice of Next Generation
More Cricket More Pepsi
Yeh Aazadi Hai Dil Ki
Yeh Dil mange More
Zor Ka Jhatka Dheere Se Lage
Pepsi Ke Liye Hum Besharam Hain
Yeh Pyaas Hai Badi
Do The Dew
Oye Bubbly !!
Soft Drinks
1) Pepsi
17
2) Pepsi Blue
3) Diet Pepsi
4) Mountain Dew
5) Slice
6) 7Up
Fruit Juice
Tropicana
Chips
Frito-Lays
Ruffles
18
19
CHAPTER-III
THEORETICAL BACKGROUND ABOUT THE
TOPIC
20
21
CONSUM ER BEHAVIOUR
In the marketing context the modeling approach has two key objectives:
1. description, explanation, prediction (and ultimately control of consume
behaviors) and/or
2. Aiding researchers in their task of developing 'better' hypotheses and theories
about the relationships and processes involved in consumer behaviour Models
22
can be evaluated against their ability to satisfy either or both of these objectives.
Study on Consumer Behaviour
23
Lower level or simple models, in contrast, fall into three broad categories black box models, decision process models and personal variable models. Black
Box models - do not consider internal variables. They focus on inputs and
outputs without concerning themselves with the intervening mental processes,
which might determine the outcomes.
Personal variable models - the personal variable models omit external variables.
So these models focus on the mental processes of decision-making - internal
elements and processes such as perception, motivation, beliefs and values. One
classic example of the personal variable model is the fisheye model,
summarized as A, = B, o,
Where A0 = the attitude towards object o8, = the strength of belief about o a, =
the evaluation aspects of 6 n = the number of beliefs Study on Consumer
Behaviour
24
Factors
Influencing
The
Buying
Decision
Process
25
26
27
Products also play a role as memory markers: they are used by consumers to
retrieve memories about past experiences (autobiographical memories) and are
often valued for their ability to do this. This function also contributes to the use
of nostalgia in marketing strategies. Memory for product information can be
measured through either recognition or Recall techniques. Consumers are more
likely to recognize an advertisement if it is presented to them than to recall one
without being given any cues." (See Solomon 1994 137-138) Learning theories.
Marketing and Involvement
In the marketing context, Engel, Blackwell and Minored suggest that this
becomes:
S Information search S Evaluate alternatives S Purchase and Outcomes
Stage I: Information Search The first step in this stage is often internal
memory search to establish whether the individual possesses enough
information about the available options to make a decision without further
action. In low involvement consumer decisions this may often be the case, but
29
In the light of the differences between high and low involvement purchasing,
the perception of the value of continued search is likely to be significantly
higher in high involvement decisions.
The external search is dominated by marketing messages and the information so
gathered should be fed into the memory system via processes similar to the
research on Perception:
Exposure Attention
Comprehension
Acceptance
Retention
30
31
alternatives from which a choice will be made (that is, the consideration
set).
(4) Select and apply a decision rule to make the final choice Finally, the
strategies and procedures used for making the final choice are called decision
rules. Decision rules vary considerably in their complexity. Another important
distinction is between compensatory and no compensatory decision rules. Noncompensatory rules, such as lexicographic, elimination by aspects, and
conjunctive do not permit product strengths to offset product weaknesses. In
contrast compensatory rules do allow product weaknesses to be compensated by
product strengths.
34
Phased decision strategies: These involve the sequential use of at least two
different decision rules as a means of coping with a large number of choice
alternatives. Phased strategies typically consist of a two-stage process. In the
initial stage, one type of rule is used as a screening device to help narrow down
the choice set to a more manageable number. A second decision rule is then
applied to the remaining alternatives to make the final choice.
35
36
37
CHAPTER-IV
DATA ANALYSIS
38
DATA ANALYSIS
1. A question was asked to the consumers whether they consume soft drinks or
not and the following are the results.
ATTRIBUTES
NO
OF No.
OF
RESPONDENTS
RESPONDENT S
YES
95
95%
NO
05
05%
OF
YES
NO
The above table depicts that 95% of the consumers consume soft drinks.
39
A question was asked to the consumers to know how often they consume
ATTRIBUTES
No.
OF % OF RESPONDENT
RESPONDENTS
Daily
32
34%
Twice in a week
43
45%
Once in a week
13
14%
Once in a month
07
07%
DAILY
TWICE A DAY
ONCE IN A WEEK
ONCE IN A MONTH
The above table depicts that 45% of the consumers consume soft drink twice in
a week and the major percentage of consumers consume soft drink daily.
40
3. A question was asked to the consumers that about their favourite soft
drink and the following are the results.
ATTRIBUTES
No.
OF
RESPONDENTS
OF
RESPONDENT
Coca-cola
14
15%
Thums up
25
36 %
Sprite
33
35%
pepsi
12
03%
7 up
02
02%
dew
03
03%
0ther
06
06%
coca-cola
thums up
sprite
pepsi
7 up
dew
other
The above table depicts that 36% of the Consumers consume ThumsUp, 35% of
the Consumers consume Sprite, 15% of Consumers consume Coca-Cola.
41
No.
OF % OF RESPONDENTS
RESPONDENTS
Affordable
71
75%
Costly
12
13%
Lesser
06
06%
Can't say
06
06%
no of respondent
affordable
costly
lesser
can't say
The above table depicts that 75% of respondents can afford, 13% of respondents
feel the product is costly, 6% of the respondents feel the product is less costlier
than it should be. 6% of the respondents cannot say about the product price.
42
5 A question was asked to the Consumers about (he reasons for preferring
The drink and following are the results.
ATTRIBUTES
No.
OF % OF RESPONDENTS
RESPONDENTS
TASTE
38
40%
QUENCHING THIRST
09
09%
STRONG
11
13%
GAS CONTENT
09
09%
OTHER
28
29%
no of respondent
taste
quenching thirst
strong
gas content
other
The above table depicts that 40% of the Consumers consume the product
preferring the Taste, 09% of the consumers consume the product to quench the
thirst and 09% of the consumers consume the product for its gas content.
43
6 A question was asked to the consumers about the role of flavour in the
Product promotion and following are the results.
ATTRIBUTES
No of respondent
% of respondent
Efficient
50
53%
Very Efficient
11
35%
Neither Efficient
07
07%
Inefficient
05
05%
no of respondent
efficient
very efficient
NEITHER EFFECTIVE NOR
INEFFECTIVE
inefficient
The above table depicts that 53% of the consumers feel the flavour is efficient,
35% of the consumers feel the flavour is very efficient, 7% of the consumers
feel the flavour is neither efficient nor inefficient, 5% of the consumers feel the
flavour is inefficient.
44
ATTRIBUTES
NO OF RESPONDENT
% OF RESPONDENT
VERY GOOD
14
15%
GOOD
71
74%
11%
BAD
BAD
00
00%
NO OF RESPONDENT
Very Good
Good
NEITHER GOOD NOR BAD
BAD
45
ATTRIBUTE
NO OF RESPONDENT
% OF RESPONDENT
VERY EFFECTIVE
24
25%
EFFECTIVE
51
54%
NEITHER EFFECTIVE 13
14%
NOR INEFFECTIVE
INEFFECTIVE
07
07%
no of respondent
efficient
very efficient
NEITHER EFFECTIVE NOR
INEFFECTIVE
inefficient
46
9. A question was asked to the consumers about the product availability and the
following are the results.
ATTRIBUTES
NO OF ESPONDENT
% OF ESPONDENT
75%
SO FAR
13
14%
DIFFICULT TO GET
10
13%
NO OF ESPONDENT
47
10. A question was asked to the consumers about the media, which shows
impact on product promotion, and the following are the results.
ATTRIBUTE
NO OF RESPONDENT
% OF RESPONDENT
TV
60
63%
NEWS PAPER
05
05%
HOARDING
14
14%
INTERNET
16
17%
NO OF RESPONDENT
T.V
NEWS PAPER
HOARDING
INTERNET
48
CHAPTER-V
FINDINGS CONCLUSIONS & SUGGESTIONS
49
50
SUGGESTIONS
Suggestions have been made based on certain factors as highlighted by the
study.
1. Efficient Promotional activities pertaining to consumers are to be taken up.
2.Company should improve the quality of packaging.
3.Introduction of a new flavour is suggested to make the product promotion
more efficient.
4. It is suggested that the company should increase the usage of Internet for
further Promotional activities.
51
QUESTIONNARE
52
QUESTIONNARE
No
Once in a week
Twice in a week
Thums Up
Pepsi
7up
Costly Laser
Can't say
Content
Others
Gas
53
Very Efficient
Efficient
Inefficient
7)What is your opinion on packaging of the product?
Very Good
bad
Efficient
Inefficient
So far
Difficult to get
10) What about the media, which shows impact on product promotion?
T.V
Hoarding
Newspaper
Internet
54
Bibliography
55
Bibliography
1) CONSUMER BEHAVIOUR
2) CONSUMER BEHAVIOUR
- Matin Khan.
WEBSITES WWW.COCA-COLA
56
57