Beruflich Dokumente
Kultur Dokumente
OF
BRAND IMAGE AND CONSUMER
PERCEPTION ON BRAND LOYALTY: A STUDY
IN CONTEXT OF PATANJALI AYURVEDA LTD.
AMONG THE PEOPLE OF JAMMU
SUBMITTED BY:
IVANI KATAL 27-MBA-15
MANHAR MALHOTRA 29-MBA-15
MITALI SHARMA 31-MBA-15
PATANJALI
YOGPEETH
Patanjali
YogpeethinHaridwar,Uttarakhand is one
of the largestYogainstitutes in India.
It is a center of Yoga and Ayurveda activities in
India built on the name of Maharishi Patanjali who
invented
Yoga
yearsthe
ago.
The ashram
is 5000
run under
guidance of Swami
Ramdev Ji who has revived Yoga and spreading it all
over the world.
With the help of Balkrishan,Baba Ramdevhas
established Divya Yog Mandir in 1995.
According to Shri Shri Ravi Shankar, a worldrenowned spiritual leader "If an individual
can be credited with reviving Yoga in India,
it is solely Baba Ramdev".
His
actual
name
is
Krishan
Yadav
. on from
Baba
Dev
orRam
more
commonly
known
as Swami
He
wasRam
a bold
youth
and
never backed
his
He
was born in Ali Saiyad Pur Village district
principles.
Ramdev
is a world renowned Yoga guru, who has
Mahendergarh,
Haryana.
He
also
influenced
manywith
people
to fight against
in
revolutionized the world
his tremendous
approach
As
a child
hecorruption.
was very much influenced by the
justice
and
towards Yoga.
principles of Shubhash Chandra Bose and Ram Prasad
Bismil.
HERBAL PRODUCTS AT
Divya Amla
Pidantak
Kayakalp
Churna
Tail
VatiMassage
for
for Eyes,
Skin Disease,
Oil
Digestion
for Joint
Acne
and
Pain
and
General
and
PATANJALI
Arthritis
Pimples
Health
Divya Arogyavardhani
Punarnavadi
Kesh
Tail HairMandur
OilVati
forHair
for Kidney
Loss, Dandruff
Problemsand
and
Anemia
Headache
Divya Ashmarihar
Sanjivani
Madhu
Nashini
Vati
Ras
for
Vati
for
Cold,
Kidney
for Diabetes
Fever
Stones
and Flu
Divya
Churna
for Stress,
Fatigue and
Divya Ashwagandha
Madhukalp
Vati
for
Diabetes
Shilajeet Sat
for
Gout
and
Weak Immune
General
System Health
Divya
for Constipation
Divya Churna
Medha
Kwath
for Headache
and Memory
Singhnaad
Guggulu
for Rheumatism
Enhancement
Divya
Vati
Memory
Loss
Improving
Divya Medha
Swasari
Ras
for
Lung Problems,
Bronchitis
Pidantak
Tailfor
Massage
Oil
for and
Joint
Pain and
Intelligence
and
Asthma
Arthritis
Divya
VatiMandur
forfor
Weight
Loss Problems
Divya Medohar
Triphala
Churna
Rejuvination
and
Punarnavadi
for Kidney
and
Detoxification
Anemia
Divya
Mukta
Vati
for for
High
Pressure
Divya Sanjivani
Triphala
Guggulu
Vati
Cold,
forBlood
Joint
Fever
Pain,
and
Piles
Fluand
WeightPeya
LossHerbal Tea
Divya
Divya
Vati
Digestion
andImmune
Stomache
DivyaUdaramrita
Shilajeet
Sat
forfor
Gout
and Weak
Problems
System
Divya
Ras
for Joint
Pain
and Arthritis
Divya
Udarkalp
Churna
for Indigestion
and
Divya Pidantak
Singhnaad
Guggulu
for
Rheumatism
OBJECTIVES OF OUR
TOSTUDY
STUDY PATANJALI AS A BRAND AND ITS
PRODUCT MIX.
ABSTRACT
This
study
was
conducted
to
determine the level of brand loyalty
and image,
to examine interactive role of those
factors that determine brand image
and loyalty,
to determine level of brand loyalty and
image of Patanjali products users and
to suggest measures for developing its
brand loyalty in district Jammu.
ABSTRACT
The
data
was
collected
through
a
questionnaire from a sample of 59 residents
of Jammu.
They were selected through convenience
sampling method.
The questionnaire involved questions on
brand loyalty, brand image and consumer
perception based on 7 POINT likert scale
ranging from strongly agree to strongly
disagree.
The results were analyzed on the basis of ttest and ANOVA to determine the differences
among the group factors.
LIMITATIONS OF THE
STUDY
LITERATURE REVIEW
The Impact of Brand Image on Consumer
Behavior: A Literature Review by Yi Zhang
Department of Marketing, Management School, Jinan
University, Guangzhou, China, Open Journal of
Business and Management, 2015, 3, 58-62 Published
Online January 2015 in SciRes
LITERATURE REVIEW
BRAND
LOYALTY:
marketers
should
emphasize to develop trust in the
consumers mind as it will basically leads
toward the brand loyalty. This trust can only
be gained by providing quality services,
AS RIGHTLY DONE BY
DATA ANALYSIS
1. GENDER
Frequency distribution of
respondents by gender
Answer
1
Male
Female
Total
Response
31
53%
28
47%
59
100%
DATA ANALYSIS
2. AGE
Frequency distribution of
respondents
Answerby age
Response
1
below 18
19 to 25
26 to 35
36 to 55
55 and above
Total
3%
37
63%
11
19%
14%
2%
59
100%
DATA ANALYSIS
3. MARITAL STATUS
Frequency distribution of
Answer
Response
respondents
1
Married
16
Widowed
Divorced
Separated
Never married
43
Total
59
%
27%
0%
0%
0%
73%
100%
DATA ANALYSIS
4. EDUCATION LEVEL
Frequency distribution of
respondents
Response
Answer
1
Primary
Secondary
Graduate
Post graduate
Doctorate
Total
0%
3%
33
56%
22
38%
3%
59
100%
DATA ANALYSIS
5. PROFESSION
Frequency distribution of
Response
respondents
Answer
1
Retired
Civil servant
Private sector
Self employed
Student
Total
0%
12
20%
15%
3%
36
61%
56
100%
6. BRAND LOYALTY
I INTEND TO BUY PRODUCTS OF THIS BRAND IN THE
NEAR FUTURE
25
20
15
10
5
0
1 EXTREMELY LIKELY
2
3
4
5
6
7 EXTREMELY
UNLIKELY
6. BRAND LOYALTY
I INTEND TO BUY OTHER PRODUCTS OF THIS BRAND
25
20
15
10
5
0
1 EXTREMELY LIKELY
2
3
4
5
6
7 EXTREMELY
UNLIKELY
6. BRAND LOYALTY
1 EXTREMELY LIKELY
2
3
4
5
6
7 EXTREMELY
UNLIKELY
6. BRAND LOYALTY
1 EXTREMELY LIKELY
2
3
4
5
6
7 EXTREMELY
UNLIKELY
6. BRAND LOYALTY
1 EXTREMELY LIKELY
2
3
4
5
6
7 EXTREMELY
UNLIKELY
6. BRAND LOYALTY
I DONT BOTHER LOOKING AT ALTERNATIVE BRANDS; THIS BRAND IS
GOOD ENOUGH FOR ME
14
12
10
8
6
4
2
0
1 EXTREMELY LIKELY
2
3
4
5
6
7 EXTREMELY
UNLIKELY
6. BRAND LOYALTY
IF THIS BRAND WERE TO RAISE THEIR PRICES, I WOULD CONTINUE
TO BUY THEIR PRODUCTS
16
14
12
10
8
6
4
2
0
1 EXTREMELY LIKELY
2
3
4
5
6
7 EXTREMELY
UNLIKELY
6. BRAND LOYALTY
IF THIS BRAND WAS NOT AVAILABLE, IT WOULD MAKE HUGE
DIFFERENCE TO ME
14
12
10
8
6
4
2
0
1 EXTREMELY LIKELY
2
3
4
5
6
7 EXTREMELY
UNLIKELY
7. BRAND PERCEPTION
HIGH QUALITY
18
16
14
12
10
8
6
4
2
0
1 EXTREMELY LIKELY
2
3
4
5
6
7 EXTREMELY
UNLIKELY
7. BRAND PERCEPTION
TRADITIONAL AND HERBAL
25
20
15
10
5
0
1 EXTREMELY LIKELY
2
3
4
5
6
7 EXTREMELY
UNLIKELY
7. BRAND PERCEPTION
CHEAPER PRODUCTS
18
16
14
12
10
8
6
4
2
0
1 EXTREMELY LIKELY
2
3
4
5
6
7 EXTREMELY
UNLIKELY
8. BRAND IMAGE
FOR OLDER PEOPLE
18
16
14
12
10
8
6
4
2
0
1 EXTREMELY LIKELY
2
3
4
5
6
7 EXTREMELY
UNLIKELY
8. BRAND IMAGE
FOR YOUNGER PEOPLE
25
20
15
10
5
0
1 EXTREMELY LIKELY
2
3
4
5
6
7 EXTREMELY
UNLIKELY
8. BRAND IMAGE
A MODERN INNOVATIVE BRAND
20
18
16
14
12
10
8
6
4
2
0
1 EXTREMELY LIKELY
2
3
4
5
6
7 EXTREMELY
UNLIKELY
8. BRAND IMAGE
BUY ITS PRODUCTS BEING AN INDIAN HERBAL BRAND
20
18
16
14
12
10
8
6
4
2
0
1 EXTREMELY LIKELY
2
3
4
5
6
7 EXTREMELY
UNLIKELY
8. BRAND IMAGE
BUY ITS PRODUCTS NOT BECAUSE OF SPIRITUALISM ASSOCIATED
WITH THE BRAND
30
25
20
15
10
5
0
1 EXTREMELY LIKELY
2
3
4
5
6
7 EXTREMELY
UNLIKELY
gender
INTENTIONS
Mean
1.474576
4.04661
Variance
0.253653
1.736475
Observations
59
59
Pooled Variance
0.995064
Hypothesized
Mean Difference
0
df
116
t Stat
-14.0043
P(T<=t) one-tail
5.42E-27
t Critical one-tail
1.658096
P(T<=t) two-tail
1.08E-26
t-stat<t critical two tail, therefore null hypothesis accepted.
t Critical two-tail
1.980626
The observed difference between the sample means (1 - 4.03) is
not convincing enough to say that there is significant difference
between male and loyalty intentions
age
INTENTIONS
Mean
2.474576
4.04661
Variance
0.701929
1.736475
Observations
59
59
Pooled Variance
1.219202
Hypothesized
Mean Difference
0
df
116
t Stat
-7.73277
P(T<=t) one-tail
2.1E-12
t Critical one-tail
1.658096
P(T<=t) two-tail
4.21E-12
t-stat<t critical two tail, therefore null hypothesis accepted.
t Critical two-tail
1.980626
The observed difference between the sample means (1 4.87) is
not convincing enough to say that there is significant difference
between AGE (18 and below) and loyalty intentions.
age
INTENTIONS
Mean
4.267361
4.875
Variance
1.657279
1.125
Observations
36
2
Pooled Variance
Hypothesized
Mean Difference
df
t Stat
1.642494
0
36
-0.65263
P(T<=t) one-tail
0.25907
t Critical one-tail
2.434494
P(T<=t) two-tail
0.51814
t Criticaltwo
two-tail
t-stat<t critical
tail, therefore2.719485
null hypothesis accepted.
age
intentions
Mean
3
4.6
Variance
0
0.561806
Observations
10
10
Pooled
Variance
0.280903
Hypothesized
Mean
Difference
0
df
18
t Stat
-6.75036
P(T<=t) onetail
1.26E-06
t-stat<t critical two tail, therefore null hypothesis accepted.
t Critical oneThe observed difference between the sample means (4.26
tail
2.55238
4.87) is not convincing enough to say that there is significant
P(T<=t) twodifference between AGE(26-35) and loyalty intentions.
age
intentions
Mean
4
2.515625
Variance
0
1.095703
Observations
7
8
Pooled
Variance
0.589994
Hypothesized
Mean
Difference
0
df
13
t Stat
3.733948
P(T<=t) onetail
0.001251
t-stat>t critical two tail, therefore null hypothesis rejected.
t Critical oneThe observed difference between the sample means (4 2.51) is
tail
2.650309
convincing enough to say that there is significant difference
P(T<=t) twobetween AGE(26-35) and loyalty intentions.
marital status
loyalty int
Mean
1
3.25
Variance
0
1.401786
Observations
15
15
Pooled
Variance
0.700893
Hypothesized
Mean
Difference
0
df
28
t Stat
-7.36016
P(T<=t) onetail
2.58E-08
t Critical onet-stat<t critical two tail, therefore null hypothesis accepted.
tail
2.46714
The observed difference between the sample means (1 3.25) is
P(T<=t) twonot convincing enough to say that there is significant difference
tail
5.15E-08
between MS(MARRIED) and loyalty intentions.
t Critical two-
ms
loyalty int
Mean
5
4.363095
Variance
0
1.593605
Observations
42
42
Pooled Variance
0.796802
Hypothesized
Mean Difference
0
df
82
t Stat
3.269707
P(T<=t) one-tail
0.000787
t Critical one-tail
2.372687
P(T<=t) two-tail
0.001575
t Critical two-tail
2.637123
t-stat>t critical two tail, therefore null hypothesis REJECTED.
The observed difference between the sample means (5 4.36) is
convincing enough to say that there is significant difference
between MS(UN-MARRIED) and loyalty intentions.
Loyalty
intention
1
Consume
r
perceptio
n
0.707744
Since 0.7077
is closer to +1
Brand
image
Consumer
perception
Brand
image
Consum
er
percepti
on
1
0.800231
Since
0.8002 is
closer to
+1
LOYALTY
INTENTIO
N
1
CONSUME
R
PERCEPTI
ON
0.707744
1
BRAND
IMAGE
0.69995 0.800231
BRAND
IMAGE
Since
highest
value is
0.8002
Count
Loyalty intentions
Consumer
perception
59
Brand image
59
ANOVA
Source of Variation
SS
59
Sum
Average Variance
1.73647
238.75 4.04661
5
3.06779 1.59685
181
7
7
3.18644
188
1
1.32533
df
MS
F
P-value
F crit
10.8411
3.04790
Between Groups 33.6702
2
16.8351
6
3.65E-05
6
270.202
1.55288
if F > F crit, we reject
the null hypothesis.
This is the case
Within Groups
4
174
8
176
FINDINGS and
RECOMMENDATIONS
CONCLUSION
It is concluded that brand image plays an important
role in making a customer brand loyal BUT more
impact is on customer perception.
The objective of this study was to check out the
impact of brand image on brand loyalty which was
somewhat lower.
Survey questionnaires have been filled by students,
industrialists and other consumers by using
convenience sampling.
The results have shown that brand image have
positive impact on brand loyalty.
Sample was taken just from Jammu which should
be gone beyond the boundaries of city.
Same study should be conducted in other major
cities of India to get a more comprehensive view of
PATANJALI Ayurveda Ltd.
THANKYOU