Beruflich Dokumente
Kultur Dokumente
ON
MARKET STUDY OF
POST-TRIAL STUDY OF
PAIN OIL
for
Submitted To
Prepared By
Manish Trivedi
Batch 2003-2005
July 2004
SPANDAN HEALTH CARE
98, City Center 9th Floor,
Swastik Cross Road, C.G.Road
Ahmedabad 380 009
Tele: (079) 822 9496 Fax: (079) 264 30 464
CERTIFICATE
The Project Assignment : 1. Market study for Hair Care and Skin Care.
2. Post-trial Study of Pain Oil
Project Place : Bangalore
[ Samrat Patel ]
Acknowledgement
Every Student owes a great deal to others and I am no exception
because learning is a process which entails give and take; exchange of
ideas and value addition through discussions.
Sincere efforts are always needed from many people to give life
to the project work and I gratefully acknowledge my debt to those who
contributed to the same, such as Mr. Dilip Shah (an energetic
stockist in Banglore) and Mr. Vyankatesh, an orderly boy at Ganesh
Hotel who gave me graphical knowledge of Banglore geography. This
project is a result of numerous important inputs from various peoples
at Banglore and Ahmedabad, without whose help this project would
not have been materialized.
Manish Trivedi
Introduction to the Project
MBA Curriculum is designed to give more practical exposure to
the student so that one can make use of theoretical knowledge in the
real life situations. With this thrust, dissertation study has been
included which provides opportunity to me to gain practical insight of
the market. This hands-on experience helps me in identifying the
critical factors of market study and consumer attitude towards the
products. This rich experience will be of great help in my future
endeavors. And it also solves the purpose for the partial fulfillment of
MBA curriculum. The Six to Eight week training at Spandan Health
Care, included a brief introduction to the cosmetics product [Hair and
Skin Category] and Pain oil products as a whole as well as introduction
to the company itself.
Once the work of data collection was completed, the next task
was that of data analysis and tabulation which required true
managerial competencies. This was done using graphical
representations in order to make it clear and easily understandable.
Executive Summary
Hair Care and Skin Care has been a age long habit. Today, Hair
Care and Skin Care has become one of the most raging markets of all.
The Hair Care products constitutes of oiling, cleaning products and
other products such as lotion, Vitaliser, Conditioner and Gel etc.
provided by national or regional brands, private labels, and certain
loosely available products.
Objective
CONTENTS
Certificate
Acknowledgement
Introduction to Project
Executive Summary
Contents
Research Objective
Research Methodology
Limitations
Concluding Suggestions
Learning
RESEARCH OBJECTIVES
The study of Hair care and Skin care market have been undertaken on
certain objectives. This is a market study regarding the retailer's
perception, views, thoughts and opinions. The study is also regarding
the product movement and position in the market. This is a qualitative
study of hair care and skin care. I have tried to study the market
movements and market share of the hair care and skin care brands or
the awareness level of the brands. I have tried to study the
penetration rate or recall rate of the brands and their average Offtake
per month from the retail outlet. My objectives of the study are divided
into the following aspects:
RESEARCH METHODOLOGY
Research Type
Sampling Distribution
Sampling Method
The practical motivation for selecting Area Sampling as the Sampling
Method was that there is no current and accurate list of universe
elements of Banglore City and thus, it was impossible to select
probability sample of these directly. Thus, the universe which I have
selected for my study is finite and randomly. Different areas selected
on the basis of lifestyles and income groups are as below.
Area 1 Area 2
Sampling Tool
The rationale for selecting Questionnaire as the tool is as under.
Analysis of Data
√ Various techniques and judgements were used to analyze the
primary and secondary data collected.
LIMITATIONS
√ As the survey was conducted only in class of few respondents
and few areas of Banglore, the findings can not be generalized to
entire Indian market and segment.
1. All 122 retailers who have responded and some others who
were still visited, sounded optimistic about coming of a new
brand in OTC (Over the counter) line, if it comes with a unique
kind of relief to consumer. ‘There are hundreds of brands in
each of the categories and we keep all of them for the sake of
our customer. But most of these brands are alike in all respect
with each other and so loose the consumer preference. This
affects the off-take in general of a particular brand. They all run
at a minimum 1-2 unit sale in a month, means nothing and can
not survive for long, ironically immediately replaced by someone
else’. So if there is a new brand with something unique and
tangible to offer, then the market will respond positive
depending then on the market promotion brand can offer.
12. 68% for Viva and 80% for Evita, retailers feel the Price at Rs. 54
is OK and should not be any deterrent. Still there are good 33%
in Viva and 20% in Evita feel that the Price is bit high for initial
trial purchase.
2. FINDINGS : HAIR CARE (No Hair Oils)
RETAIL AWARENESS
BRRANDS (Top Recall Rate) In %
Shops
LIVON 56 46 %
KEO KARPIN 32 27 %
ANOOP 54 44 %
ARNIKA PLUS 34 28 %
MINTOPE 32 26 %
KERATEX 14 11 %
TOPGAIN 6 5%
RETAIL AVAILABILTY
BRRANDS In %
(Shops)
LIVON 72 59 %
KEO KARPIN 52 43 %
ANOOP 80 66 %
ARNIKA PLUS 40 33 %
MINTOPE 40 33 %
KERATEX 19 16 %
TOPGAIN 18 15 %
RETAIL AWARENESS
BRRANDS (Top Recall Rate) In %
Shops
LAKME 92 75 %
PONDS 60 49 %
GARNIER 46 38 %
HIMALAYA 34 28 %
AYUR 10 8 %
CHAKOLAS 2 2 %
FAIR & LOVELY GEL 20 16 %
BRIHANS GEL 16 13 %
RETAIL AWARENESS
BRRANDS In %
(Shops)
FAIR & LOVELY 120 98 %
FAIREVER 120 98 %
EMAMI 12 10 %
VICCO 10 8 %
HIMALAYA 4 3 %
BOROPLUS 4 3 %
NATURALLY FAIR 4 3 %
TOUCH & GLOW 4 3 %
RETAIL AVAILABILITY
BRRANDS In %
(Shops)
FAIR & LOVELY 122 100 %
FAIREVER 122 100 %
EMAMI 55 45 %
VICCO 56 46 %
HIMALAYA 60 49 %
BOROPLUS 50 41 %
NATURALLY FAIR 30 25 %
TOUCH & GLOW 16 13 %
C. FAIRNESS CREAM
RETAIL AWARENESS
BRRANDS In %
(Shops)
MAYOVEDIC 84 69 %
MAYOSTOL 58 48 %
ORTHOFEET 40 66 %
PUTHIR THAILEM 26 43 %
FRANCH OIL 22 18 %
OTHERS 16 13 %
5. FINDINGS : PAIN OIL
RETAIL AVAILABILITY
BRRANDS In %
(Shops)
MAYOVEDIC 102 84 %
MAYOSTOL 102 84 %
ORTHOFEET 90 74 %
PUTHIR THAILEM 67 55 %
FRANCH OIL 90 74 %
OTHERS - -
C. PAIN OIL
AVAILABILIITY
VERY
BRRANDS IN RETAIL SHOP GOOD OK
GOOD
(BASE)
FAIR & LOVELY 120 58 % 32 % 10 %
FAIREVER 120 38 % 47 % 15 %
NO NO NO
CHAKOLAS 60
SALE SALE SALE
MAYOVEDIC PAIN OIL 90 29 % 44 % 27 %
MAYOSTOL PAIN OIL 85 27 % 41 % 32 %
HEAD & SHOULDER 120 33 % 54 % 13 %
CLINIK PLUS 120 29 % 63 % 8%
NYLE HERBAL SHAMPOO 75 13 % 47 % 40 %
HIMALAYA SHAMPOO 60 13 % 27 % 60 %
7. RETAILERS RESPONSE TO PACKING OF OUR
PRODUCT
A week later, all the 25 families were re-visited to get their views.
Some 7 families were dropped out as they have not used or were not
present. From rest 18 families, some 30 persons have used the pain
Oil. We have not mentioned the indication as where to apply this pain
oil per design to find out their off-hand use pattern. Almost equal
number of Male and Female users has contributed to the study. There
were 16 Female and 14 Male users.
All these 30 Users were asked about their views with the help of a
structured questionnaire. The findings are:
FINDINGS
Respondents: 30
Age Group Male Female
< 40 - 45 Years 3 3
46 - 50 Years 4 6
51 - 55 Years 4 3
56 - 60 Years 2 3
> 60 Years 1 1
14 16
No. of Respondents
At Bed Time 17
At Morning and Bed Time 8
At Noon and Bed Time 5
No. of Users
It gives Very Good Relief 10
It gives Warmth & Relief 7
It gives some Relief 3
Gives no Result 5
It's not Burning ( No Relief ) 5
Amruntanjan Balm 7
Moov 6
Shek of Hot Water 3
Pain Killer Tablets 4
Puthir Thailem Pain Oil 3
Other Pain Oil 5
Mayovedic 2
No. of Respondents
No. of Respondents
It is all OK 8
Need more Burning 8
Need Better Smell 6
Need Better Packing 1
Need Quick Relief 7
No. of Respondents
Smell is good 16
Smell is Same ( No Difference) like Balm 7
Smell is not Good 7
9. Will they Prefer to Purchase ?
No. of Respondents
Yes 14
Will Decide 8
No 8
10. At what Price Range they would like to Buy our Pain Oil ?
SUMMARY FINDINGS:
Thus, the overall response to the given Pain Oil was good and
welcoming. Users need somewhat stronger preparation that assures
them the relief and that too, a quick relief. It is also observed that
may be because the users are all above matured age, the price
appreciation is very conservative one.
Concluding Suggestions
While concluding the Findings, which are most self explanatory and
little require any otherwise suggestions, I may add few:
1. In hair care the market is looking forward to a dynamic and
innovative player. Real need based product is all that is needed.
2. Skin care has many matured players and season may play the
launch pad role.
4. Pain Oil has a kind of local affinity and most of the brands on
regular run are local brands. There seems no national player in
this category except that Sloan’s Liniment which is at extinct
level. Still, There is always room at the top. Retailers response
and Post-trial study’s findings are all positive to make Pain
Oil available in this market with a different touch. Pain Oil also has
a low but regular off take pattern and can build its identity on a
good advertisement.
Thank You.
LEARNING
My interaction with the retailer and end user will be a life long
remembrance for me. I learn to interact with the unknown people
which helped me lot to become extrovert. I studied their behavior
regarding a product - What they think about a product, what are their
expectations, what influence their buying behavior etc.
APPNDIX
N Off-Take Per
Category Brands Stock(Units)
o (Units) W/M
Hair
1 Vitalizer
Tonics
Skin
2
Tonics
3 Skin Gels
4 Pain Oils
Fairness
5 Creams
Oils
2.
4. These are the Two Brands a Consumer Pharma company from Gujarat will
be shortly launching in Karnataka Market. Please tell us your views On:
Packing ...............................................................................................................
Product…………………………………………………………………………………
Price…………………………………………………………………………………..
5. In your views how much advertisement support and trade promotion [margins
and schemes] are good enough?
…………………………………………………………………………………….
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1. …………………… …………………………
2. …………………… …………………………
1. …………………… ………………………….
2. ……………………. ………………………….
Respondent’s Name……………………………………………..…..Age…..…………….
Address …………………………. …………………………………Tele …..………………
Occupation of Main WE……………………………Family Members ……………………
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7. Would you use this oil in winter and summer alike? Why.
………………………………………………………………………………….
8. Will you prefer to buy this Pain Oil from Market? …………………………..
(2)
9. Do you use from the following? Give your small view
7 Himalayas
8 Agarbathis
9 Headache Tab
10 Digene/ Gelusil
11 Shampoo
12 Skin Gel
13 Hair Oil
Other
14
Other
15
1. …………………… …………………………
2. …………………… …………………………
3. …………………… ………………………….
4. ……………………. ………………………….