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SUBMITTED BY:
ANITA GANDHI
2015JULBO1013
UNDER THE GUIDANCE OF:
DR.RAHUL GUPTA CHOWDHARY
PROFESSOR, (IFIM B SCHOOL)
DECLARATION
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(Anita
ACKNOWLEDGEMENT
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TABLE OF CONTENTS
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TITTLE
PAGE NO
INTRODUCTION
MARKETING MIX
6-7
SEGMENTATION,TARGETING &
POSITIONING
GROWTH PATH
8-9
RESEARCH METHORDOLOGY
11-12
DATA INTERPRETATION
13-15
FINDINGS
16-17
CONCLUSION &
RECOMMENDATIONS
ANNEXURE
18
INTRODUCTION
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10
19-21
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MARKETING MIX
In order to know exactly the reason for success of Baba Ramdev,
it is imperative to throw some light on the marketing mix
rudiments. To be a successful marketer it is important that all the
marketing mix elements have to be fine tuned to support and
strengthen brand personality.
1.) Product strategy
Pranayam and Yoga: A Package for Various Diseases
Swami Ramdev's Divya Medicines are claimed to be one hundred
percent natural, made from potent herbs available in the
Himalayas, with no or very little side effects. They have proven
extremely effective for combating all forms of sickness and
disease. Along with these medicines, Swamiji recommends
patients to also adopt the practice of pranayam, which will
strengthen the immune system and quicken the healing
process .But if medicines are required they are also available and
these packages of medicines are available at a very low cost. The
medicines can cure all the diseases from a simple cold to cancer
FMCG Products
Patanjali has also introduced FMCG products to diversify in the
market. Indian FMCG market is a market which has a very wide
range of customers. There are many competitors in all the
categories and although they all have similar products available
at almost similar prices, Patanjali is trying to prove it different
through their marketing strategies. However, entry to this
business is easy (low entry barriers) and this fact has been
utilized very efficiently to result in combined benefit for both
Patanjali and the consumers.
2.) Pricing Strategy
Developing an effective pricing strategy remains the most
important and difficult part of the marketing process. As far as the
pricing of FMCG products is concerned, the pricing strategy is a
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POSITIONING:
Patanjali as a brand Talks about Being healthy is my birth right.
It helps in improving life at low cost. Patanjali aims at providing
excellent quality and safe medicines at a very cheap price
compared to other foreign brands. They want people to make our
country economically stronger by making them purchase
medicines made in India by Patanjali and not medicines made
abroad. It is a well-established fact that advertising affects
consumers. The literature on advertising has traditionally
emphasized the persuasive nature of advertising: its purpose is to
alter consumers' tastes for established brand names or company
reputations. Hence, a more-advertised good is preferred over a
less-advertised good. Whatever be the case, Baba Ramdevs
popular opinions of advertising and at the same time not
advertising is unique in its nature. Baba Ramdev's live yoga
classes have become a passion to not only citizens of India but all
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GROWTH PATH
Yoga and Ayurveda can be considered a combination that is the
trend seen in the health conscious population of the world.
Patanjali brings these two together as a daily way of life into the
world population. It is trying to set Yoga as a trend not only in
India but around the world. It is also setting a new trend of
marketing with digital marketing.
The opportunities that Patanjali sees in the marketing
environment is the presence of a health conscious world where
people are fed up with medicines that cause side effects worse
than the actual disease that they are supposed to cure. Ayurveda
and Yoga do not have any side effects. Capitalising on this
opportunity Patanjali can expand its operations around the world
where Yoga is followed and in place where herbal medicines are
becoming the trend.
Its best approach to market the existing products would be
Integrative Growth Strategy and Market Development. Such
kind of strategy stresses the importance of a consistent,
seamless, multi-dimensional brand experience for the consumer.
Apart from yoga programmes in which Baba Ramdev promotes
the Patanjali products, other branding efforts like TV
advertisements, print ads, radio etc. will help in reinforcement of
the brand's ultimate message. Moreover, while continuing with
the intensive marketing strategy, Patanjali should target
particular segments where chances of recognition are really high.
After successful awareness of ayurveda and Patanjali among
people, PAL should sub-divide the current segment-Middle Aged
people (Generally in age group 30-65) into further classes as well
as introduce more segments and products related to these
segments. Some of the segments which can easily grasp attention
are:
Infant & Kids Care: A whole range of baby cosmetics, baby health
drinks, kids medicines can be an eye catcher and with this range
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Patanjali can grab a good market share from its big players like
Johnson & Johnson, Himalaya etc.
Middle age women: Falling health and their increasing incurable
diseases is an attractive segment where investing time and
money can reap good results.
Healthy & Ready-to-eat snacks: After the fall of Nestls Maggi,
market is open for new entrants. In such a scenario healthy
&ready-to-eat snacks would be a big success in the cities where
there is lack of time and for students.
Pregnant women or post natal care: Entire range of products
which can aid the women in healthy delivery and post natal care
is also an attractive sector.
Teenagers: Various Health Supplements required at the crucial
growing age which can easily replace markets of Protein Shakes
or other supplements preferred for good body building, Ayurvedic
tonics for teenagers to cure acne and puberty related problems
will also attract numerous customers who are looking for herbal
options.
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RESEARCH METHORDOLOGY
Research methodology is a way to systematically solve the
research problem. It may be understood as a science of study how
research is done scientifically. In it we study the various steps that
are generally adopted by the researcher in studying his research
problem along with the logic behind them.
RESEARCH OBJECTIVES
To understand the buying behavior of the consumer towards
Patanjali Product.
To determine reason why people are using Patanjali Ayurved
products.
To know the consumption pattern of Patanjali products in
society.
RESEARCH SOURCE
Research resources are usually thought of as primary sources and
secondary sources.
For measuring the consumer attitude towards PATANJALI
PRODUCT, I collected the primary data on basis of direct
interview, questionnaire of consumer because time to time their
attitude change. Sample design covers all aspects of how the
samples in our surveys are specified and
selected.
RESEARCH DESIGN
Type of research Descriptive
Data collection Technique Questionnaire (survey)
Sampling
1-Sample size 50 people
2-Sample technique Random Sampling
3-Sample unit - Male/ Female, Age group
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The primary data is collected on the basis of survey method with the help of
questionnaire, direct consultation with shopkeepers and consumers of Patanjali.
Closed end questions are used are in questionnaire.
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GENDER
OCCUPATION
MONTHLY INCOME
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40/50
36/50
24/50
42/50
9/50
64%
21%
12%
3%
ARE
YOU
WITH
PATANJALI
66%
22%
6%
2%
64%
NORMAL VALUE
LOW VALUE
POOR VALUE
32%
4%
-
36%
56%
8%
2%
46%
17%
31%
4%
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58%
36%
6%
FINDINGS
According to the objective, i.e., 46% of the consumers
prefers Patanjali Ayurved because of the quality of the
products, 12% of the consumers prefer it because of the
quantity, 36% of the consumer prefer it due to the price, 4%
of them prefer it due to the location and rest 2% prefer it
due to other factors.
64% of the consumers may switch to other brand and 34%
will not switch to other brand and remain brand loyal to
Patanjali Ayurved.
8% will switch due to the cost, 26% will change die to
quality, 30% will change due to satisfaction, 30% of them
will switch over Patanjali Ayurved due to discounts and 6% of
them will switch due to other benefits.
52% of the consumers prefer Patanjali Ayurved, 28% of the
consumers use dabur and 20% use Himalaya.
According to the survey- 88% of the consumers have used
Patanjali Ayurved and 12% have not used Patanjali Ayurved
product.
58% are satisfied with the Patanjali Ayurved products, where
as 36% of the consumers are sometimes satisfied and 6% of
the consumers are never satisfied with the products of
Patanjali Ayurved.
40% of the consumers believe that Patanjali Ayurved can be
threat over its competitors, whereas 34% havent thought
about it and 26% believe that it is not a threat over its
competitors.
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CONCLUSION
From the above Research and data interpretation it is found
that the different factors influencing the buying behavior of
consumers towards Patanjali Products. Most of the people
prefer herbal products of Patanjali Ayurved are satisfied from
the products, they are buying the product due to its price,
quality and quantity.
They may switch over to other products if provided with
good quality, quantity, discounts and some of the
consumers will be loyal to the product. Overall Patanjali
Ayurved is doing well in the market and has a positive
impression in the minds of consumer.
RECOMMENDATIONS
Patanjali product has high quality and low price so more and
more consumer buy Patanjali products. Demand is too much
for Patanjali products in market, because of shortage
problems occurs in market regularly.
So ,I suggest that Patanjali should increase the productivity
and make sure that Patanjali outlets are within the reachility
of consumers
so more and more consumers can use
products and no distribution flaws occurs.
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ANNEXURE
QUESTTIONARE
Dear Sir / MadamI am doing a research to know about
consumer satisfaction toward KFC and McDonalds brandin
Ludhiana city as per my topic. So, its my request to you to
kindly cooperate with me in fillingthe questionnaire. I am
assuring you that information provided by you will be
academic purposeonly and will not be misused anywhere.
AGE
o
o
o
o
UP TO 20 YEARS
21-30 YRS
31-45 YRS
ABOVE 45
GENDER
o
o
MALE
FEMALE
INCOME LEVEL
o
o
o
o
o
UPTO 10000 RS
10001-20000
20001-35000
35001-50000
ABOVE 50000
o
o
YES
NO
TELIVISION
NEWSPAPAER
FRIENDS & FAMILY
SHOPKEEPERS
OTHERS
WHAT ARE THE INFLUENCING FACTORS THAT REINFORCES YOU TO BUY PATANJALI
PRODUCTS?
o
o
o
o
HEALTH CONSIOUS
BRAND NAME
NATURAL INGRIDENTS
PRICE
HOW DO YOU PERCEIVE THE PATANJALI PRODUCTS IN TERMS OF VALUE FOR MONEY?
o
o
o
o
HIGH VALUE
NORMAL VALUE
LOW VALUE
POOR VALUE
CHILDREN
MOTHER
FATHER
OTHERS
HIGHLY SATISFIED
MODERATE SATISFIED
DISSATISFIED
HIGHLY DISSATISFIED
HIMALYA
PATANJALI
DABUR
BAIDYANATH
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YES
NO
DO THE PATANJALI PRODUCTS ALLIGN WITH THE VALUES AND BELIEFS OF PEOPLE?
o
o
o
YES
NO
CANT SAY
WILL YOU STICK TO PATANJALI IF THE PRODUCTS ARE NOT AVAILABLE TEMPORARILY?
o
o
o
AVAILABILITY
PRICE
EFFECTIVNESS
NATURAL INGRIDENTS
BRAND NAME
OTHERS
MEDICINE
FOOD PRODUCTS
SUPER FOODS
AYURVEDIC BODY CARE
AYURVEDIC PUBLICATIONS
o
o
o
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