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INTRODUCTION c
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REVIEW OF LITERATURE c
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FINDINGS, ANALYSIS AND CONCLSIONS c
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CANARA BANK SCHOOL OF MGMT STUDIES c cc
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A Brand is a name, term, sign, symbol, or design, or a combination of them, intended
to identify the goods or services of one seller or group of sellers and to differentiate
them from those of competitors.
Brand image is the totality of the impressions about the brand which includes its
physical, functional and psychological aspects of the brand. It is the totality of consumer
perceptions about the brand, or how they see it, which may not coincide with the brand
identity Companies have to work hard on the consumer experience to make sure that what
customers see and think is what they want them to.
The impact brand image and its elements have on how the consumers perceive
shampoos and how this brand image can influence the consumer preferences with respect to
shampoos is what this dissertation is about.
Brand image is the totality of consumer perceptions about the brand, or how they see
it, which may not coincide with the brand identity. Companies have to work hard on the
consumer experience to make sure that what customers see and think is what they want them
to. For this study, I have selected top 5 FMCG companies. Namely DABUR, HUL,
MARICO, JHONSON & JHONSON, PROCTER and GAMBLE there Respective brands
namely.
DABUR---- VATIKA
HUL -------- LUX
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Shampoo is a
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product used for the removal of $ < dirt, skin
particles,
, environmental pollutants and other contaminant particles that gradually
build up in
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as to make hair unmanageable.c
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Some companies use "all-natural," "organic," "botanical," or "plant-derived"
ingredients (such as plant extracts or oils), combining these additions with one or more
typical surfactants. The effectiveness of these organic ingredientc$c$%À
Alternative shampoos, claim to have fewer harsh chemicals - typically none from the %
family. They are sometimes claimed to c cc!
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Shampoo for $
and young children is formulated so that it is less irritating and
usually less prone to produce a stinging or burning sensation if it were to get into the eyes.
For example, Johnson & Johnson's Baby Shampoo advertises under the premise of "No More
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Powdered shampoos are designed to work without water. They are typically based on
powders such as starch or talc, and are intended to absorb excess sebum from the hair before
being brushed out. Those with dark hair may prefer to use brown powders such as cocoa or
carob powder. Some believe that hair tends not to look as clean as when wac=$c
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Stiff, non-pourable clear gels to be squeezed from a tube were once popular forms of
shampoo, and can be produced by increasing a shampoo's viscosity. This type of shampoo
cannot be spilled, but unlike a solid, it can still be lost down the drain by sliding off wet skin
or hair. Soap jelly was formerly made at home by dissolving sodium soap in hot water before
being used for shampooing or other purposes, to avoid the problem of slow application of
solids noted above.
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"c"c&'c'It is a basic plan, which guides the data collection and analysis
phases of the project. It is a frame work, which specifies the type of information to be
collected, the resources of data collection procedure.´
A research design is a market plan or model for conduction a formal investigation.
Whether the buyer¶s of today are aware about a particular product, whether they are getting
the best of out of their investments on a particular product, how they feel about a product
personally, whether they are in gain of knowledge about a particular company.
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1. To analyze the factors that consumers look for while buying a particular shampoo brands
2. The role that advertisement plays to influence the purchasing decision of Consumers.
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c To analyze the influence of brand image on consumer buying behaviour (with
Reference to shampoos)
c To analyze the attitudes of consumers towards various shampoo brands.
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keeping in view the purpose of study and they objectives of the study. I have adopted
explortary and derpricutive research techniques. While ariveing at this type of respondents,
sample size etc. I had detail dircration with industry have studies industry journal adn other
leading articals, some of this secondary data relvant to buy research is also detail in report.
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It is an initial research conducted to clarify and define the nature of the problem. It does
not provide conclusive evidence. It expects subsequent research.
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Keeping in view the nature of the problem, purpose of the study and meet the objectives I had
undertaken exploratory/ descriptive type of research . While adopting this Research
Methodology, I have collected Both Primary data ( through Market survey ,
Questionnaire, Personal Intereviews ) using random sampling techniques and Secondary data
( thro published information ) used information available to
analyze and make critical evaluation of the material.
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a) Area Bangalore.
b) Sample size 50 respondents.
c) Sample group Respondents age between 20 to 40
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An average Indian spends around 40 per cent of his income on grocery and 8 percent on
personal care products. The large share of fast moving consumer goods (FMCG) in total
individual spending along with the large population base is another factor that makes
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Most Indian FMCG companies focus on urban markets for value and rural markets for
volumes. The total market has expanded from US$ 17.6 billion in 1992-93 to US$ 22 billion
in 1998-99 at current prices. Rural demand constituted around 52.5 percent of the total
demand in 1998-99. Hence, rural marketing has become a critical factor in boosting bottom
lines. As a result, most companies' have offered low price products in convenient packaging.
These contribute the majority of the sales volume. In comparison, the urban elite consume a
proportionately higher value of FMCGs, but not volume.
Demand for FMCG products is set to boom by almost 60 per cent by 2007 and more than 100
per cent by 2015. This will be driven by the rise in share of middle class (defined as the
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Brand equity research falls into two fundamental areas 'Brand Image´ and 'Brand
Strength´.
Our definition of these terms, and the prescribed research activity for each is set out
below.
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Brand image will reflect the consumers¶ perceptions of a brands¶ characteristics.
Consumers make associations, based on their knowledge of brands, whether they are factual,
rooted to their experience of the product, or emotional which are shaped by wider image
perceptions. It is these descriptive features which characterize the brand.
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Consumers frequently select brands because the perceived characteristics of the brand
are aligned with their own values. Identifying the values which matter to the consumer, and
communicating appropriate messages to the market which influence the purchase decision is
at the centre of successful branding activities. Some values are core to the purchase decision;
others have a marginal or peripheral role. Knowing which values are core, and which are
marginal, is therefore, fundamental to developing unique or distinct µproducts¶ and
subsequently successfully promoting them.
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The perceived quality of a brand is an important measure insofar as it allows us to
Compare the brand with competitors.
Consumer perceptions of the strengths and weaknesses of brands are frequently made
on the basis of knowledge of competitor brands. Understanding the way in which consumers
perceive competitor brands is an important piece of information in determine brand image
and shaping brand positioning strategies.
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The understanding of brand image is an important dimension to brand equity, but it
does not in itself provide a definitive measure of the strength of the brand. For this we need to
employ some additional measures, outlined below. Strong brands frequently derive
competitive strength in the market as a direct result of their size.
But while brand strength is often affected by the size of the brand, it is also true that
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It is determined through a series of measurements which evaluate brand awareness.
There are different types and levels of awareness that consumers have for brands, ranging
from being unaware to prompted recall of a brand name through to usage of a brand, and
detailed knowledge of the brand, the company and its products. Brands can be said to have a
high profile when they achieve high awareness levels on these measures.
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Brands, which have high levels of customer loyalty, will, by definition, enjoy
favourable purchasing patterns. For example, customers may be more disposed to purchasing
and repeat purchasing certain successful brands, or may purchase proportionately more of
certain brands. Brand usage data is, therefore, an important indicator of the success of a
brand.
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The ability to determine the relative importance of brand values in the purchase
decision is critical to successful marketing of products. Core brand values are essential to the
purchase decision and a brand must perform on these to justify contending as a qualified
vendor. Knowing which values are core and which have a real influence on brand selection
and then measuring performance on these values is one of the most important research tools
we can deploy.
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The extent to which customers are loyal to a brand can be determined by a number of
different attitudinal and behavioural measures, all of which provide either an indicator of how
'attached´ consumers are to a brand or their likelihood of wanting the brand in the future.
The ability to command premium prices, sustain market share and increase shareholder value
are all signs of a strong, healthy brand. To achieve them all simultaneously, you need to
understand the µingredients¶ that make up both the image and strength of the brand, which
ultimately define a brand¶s equity. Naturally, organisations have a view or a feel for these,
but genuinely objective analysis can only be achieved through original research. And, while
the sum of this analysis will clarify the µequity of the brand¶, the individual measures that
facilitate this holistic analysis, will also clarify specific brand issues, such as awareness,
loyalty, image and performance.
Executed properly, brand equity research will show companies where they are now relative to
the competition, what they need to do to improve their position and, if repeated correctly, the
progress that is being made against defined marketing objectives.
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A brand identity is about what you tell people. It's the calculated way you
characterize, package, and position your offering. Everything about a brand that has to do
with attracting attention, setting expectations, making an impression²those things make up a
brand identity. Names, logos, slogans, advertising, packaging²they all have to do with
choosing to put a certain face on your brand.
Brand identities are important because they provide the information consumers use to
make determinations about whether to purchase your products or services and what they
should expect from the experience. If a brand identity is clear, compelling, and well executed,
consumers will feel confident that the brand will live up to its promise of value. If a brand
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Brand experience is the aggregate of consumer perceptions that come from interacting
with a brand. Those interactions may occur in the form of a phone call to your technical
support representative, a conversation with one of your salespeople, navigating through your
Web site, or using one of your products.
But all experiences are not equal. Consumers assign different levels of importance to
different facets of their experience, sometimes for example discounting a mediocre sales
experience in light of a high degree of product satisfaction. Because most companies must
make tradeoffs among service, quality, and cost, it's important to set expectations
appropriately so consumers choose to weight the facets of their experience in a way that
corresponds to your commitment.
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A successful brand is the most valuable resource a company has. In fact, one authority
speculates that brands are so valuable that companies will soon include a 'statement of value´
addendum to their balance sheets to include intangibles such as the value of their brands.
Brands are used as external cues to taste, design, qualify, prestige, value and so forth. In other
words, consumers associate the value of a product with the brand. For example, the value of
Kodak, Sony, Coca-cola, Toyota and Marlboro is indisputable. One estimate of the value of
Coca-cola, the world¶s most valuable brand, places it at over $35 billion. How does a brand
create value to the customer? Why do certain brands have more value than others? Naturally,
companies with such strong brands strive to use those brands globally (extend them).
The purpose of this paper is to review literature on the core associations of brands used to
position brands as strategies to create competitive advantages.
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These refer to a product¶s characteristics. Attributes are associated with a product¶s
rational benefit. For example, a Volvo car¶s attribute is durability. Similarly, a
shampoo¶s attribute would be its safety to use every day. A marketer requires to identify an
attribute that is important to a major segment and not already claimed by a competitor. The
identification of an unmet customer problem can sometimes lead to an attribute previously
ignore by competitors Indeed, unmet needs are
strategically important because they can represent opportunities for firms that want to make
major moves in the market.
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A marketer can associate a brand with a particular use or application. For example, a
beer can be associated with good friends in a warm social setting. A study of the coffee
market revealed that there were nine relevant use contexts for coffee (Glen, et al, 1984).
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Another way of positioning a brand is to associate it with a type of user or customer.
This involves identifying the brand with its target segment. For example, a brand can be
associated with those who are interested in weight control as would be the case of a new
drug.
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This is the individual who endorses a brand. Linking a celebrity with a brand can
transfer associations such as reliability, strength, performance, and so on. The extend to
which the association can be linked to the celebrity depends on how credible the person is
perceived by the audience. Specifically, a source is more persuasive when the audience
perceives him or her as highly credible than when perceived s being low in credibility
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µThe brand can be viewed as a person. Like a person, a brand can be perceived as
being competent, trustworthy, active, or youthful (Aaker, 1996). A brand personality may
help communicate a product¶s attribute and thus contribute to a functional benefit. Similarly,
it can help create a self-expressive benefit that becomes a vehicle for the customer to express
his or her own personality.
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A firm positions its brand using the organization¶s attributes such as innovation, a
drivefor quality, and a concern for the environment. A firm can position its brand with
respect to a competitor. Sometimes it is not important how good customers think a firm is,
but how they believe it is better than a given competitor. While this brand association can be
accomplished by comparative advertising, it is not usually allowed in some countries
(Cateora, 1996). Its rivalry to the Dabur India Ltd and Marico, Hindustan Unilever ltd(HUL)
and Procter & Gamble Hygiene and Health Care Limited.
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One more strategic option that a marketer has is to associate a brand with a country.
The country of origin has an effect on the market¶s perception of a product - either a positive
or a negative perception
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In the context of SIM, the above process will address the following brand properties
±cTarget consumer that is intended to receive the communications (e.g. high network
individuals who demand a personalized service)
±cNeeds being addressed, both those needs directly related to your products and
services, and those needs that act as an attractor.
±cKey messages that are communicated to the audience, especially concerning types
of products and services, quality, price points, intended type of consumer.
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Many financial services products are applicable to different market segments. It is
possible to separately target these, each emphasising different aspects of the brand, but care
must be taken that each market segment does not see messages intended for the other
segments, as this will confuse and dilute the brand. This approach can also have problems
when the same personnel must service more than one market segment. It is possible to use the
new mediums for simply brand promotion, steering consumers to the existing channels to
purchase the products. This equates to the Mass Information stage of the Customer
Relationship Cycle but it is an increasingly difficult proposition to justify
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c Head and Shoulders is rated as having No. 1 Brand Image because 39 respondents
out of 50 respondents have graded it very high.
c According to the respondents Garnier Fructis is rated No. 2 Brand Image Because
32 respondents out of 50 respondents have given high Brand Image.
c According to the respondents Sunsilk Naturals is rated No. 4 Brand Image Because
30 respondents out of 50 respondents have given high Brand Image.
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14 respondents out of 50 respondents have given high Brand Image.
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c Quality and Brand Image are the most important factor for selection of shampoos
and other attributes have to be improved.
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c Hair Nourishment, Hair Fall Reduction and Fragrance are the top three important
factors that consumers consider while buying a particular shampoo brand.
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c T.V and News paper are the most important media of an Advertisement to make the
promotional efforts effective and to attract the consumer towards various brands.
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c cHead & Shoulder, Garnier Fructis, and dove have High Brand Image and other
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c Last but not the least this study shows how important an effect the brand image and
its elements like brand associations, brand personality, brand recall, and other brand
attributes and brand image building techniques have such considerable effect on the
consumer perceptions and preferences in the selection of a shampoo brandc
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c 68% of the respondents say that quality is the determining factor while selecting a
shampoo, hence manufacturers have to make every effort to make the quality better
than its competitors and marketers have to ensure that this high quality message is
propagated in a correct manner to its target market.
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c 86% of the respondents say that hair-nourishment is extremely and very important
with reference to shampoo utility hence manufacturers should have hair nourishing
capabilities in the shampoo product to meet this need of consumers to be successful in
the market also bring out new shampoo products to control hair fall as 68% of
respondents voted for shampoo with hair-fall reduction capabilities.
c 70% of respondents said that T.V is the highly effective media hence organisation can
target highly on that media while they advertise the brands
c 78% of respondents say that ,they consider Head and Shoulders as having the biggest
brand image, Garnier fructis comes a second with 64% votes, and Clinic plus has the
lowest brand image with 28%% respondents voting for the same.
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4 -Ac
cAc
cc5%>c%$ c
9c615Acccccccc(ccccccccccccccccccccccc(c
9c6cAc8-c35 9ccccccR"cccccccccccccccc""cccccccccccccc#"ccccccccccccccC#"cccc
ccccccc 9c3c$!c%Dc8$c%c%c!9c
cc Ac
Ac
c -cccccc%$c c
c 3 cccccccccccccccccc
cccccccccc Ac
c
ccccccccccccccccccccccccccccccccccccccccccccccccccc BIBILOGRAPHY
cccccccccccccccccccccccccccccc
cccAaker, David (1999)
Wiley Dreamtech(P NO 11-34)
cc
cccMoorthy, YRL(2003) , Vikas House(P NO 8-74)
cc
Cooper, Donald And Schindler, Pamela (2003)
, Tata McGraw-Hill(P NO 17-34)
cc
Malhotra, Naresh (2004) , Prentice Hall(P NO28-44)