olay 1111
TRANSCRIPT
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Introduction
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INTRODUCTION
The anti-aging market is one of the largest in the world. The majority of
the people want to find a way to fight aging that is why there is such a high
demand for products which hide or fight the signs of aging. It is a great thingthat there are so many anti-aging products available.
There have been many options for controlling on wrinkles like Plastic
surgery, Botox etc. but plastic surgery could not get success because of its
complexity and high cost and remained in the reach of film stars and high
profile people. Same the case is with Botox but it was not complex and it is
relatively economical. But Botox has its own side effects. Botox addresses only
one aspect of facial rejuvenationmotion wrinkles.
Anti-aging creams are now being used by people under 30 for wrinkle
prevention because of growing consumer awareness of anti-aging solutions.
From time-release, to heat activation, to nano sphere bursts, to film technology,
specialty actives and delivery systems are helping drive the fast-growing
cosmeceutical market, at US$2.5 billion in the U.S. alone. Anti-aging skin care
products are growing 11% annually from 2008. The slow release into the skin
sustains the benefits of the active, meaning better, longer-lasting products.
With skin care accounting for 59% of the cosmeceuticals market, new actives
for skin care have plenty of room to grow. Consumers are returning to the
notion that natural is healthier, and the natural, holistic approach to personal
care has regenerated itself in the form of organic preservatives.
Targeting the high growth Indian beauty market, Mary Kay expects 50%
of its business to be generated by its skin care range and the rest by its color
cosmetics and body care offerings. "We anticipate generating the same success
in India that we have seen in other Asia-Pacific markets," said K.K. Chua,
president, Mary Kay Asia-Pacific. Products have been priced to attract both
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mass to mid-range consumers. "We want to make this brand available to all
working women looking for good skin and makeup. We have kept the pricing
affordable so that the maximum number of women can buy them," said Hina
Nagarajan, country manager, Mary Kay India. The market has matured, and
Indian women are ready to spend on looking good and feeling good." A survey
at the Dubai and Heathrow airport retail outlets showed that Clinique was the
most purchased skin care product among returning Indians. Speaking on While
the market for direct selling beauty companies hasn't been very strong in the
country, despite Oriflamme's and Avon's steady business, Mary Kay is
confident to bring a paradigm shift with its new selling strategy and approach.
The company plans to create a pull in the market rather than push, and itsconsultants are being trained to act as beauty advisors rather than just
salespersons. In fact, the company created a much focused product portfolio that
answered beauty needs specific to Indian women, launching its Botanical
Customized Skin Care Collection in India.
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CHAPTER 1
Company Profile
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Company Profile
Company Information: P & G
History:
Procter & Gamble (P&G) was set up by William Procter and James
Gamble in April 1837 to manufacture soap and candles in the U.S. Today it is a
$56 billion personal care and health and wellness company, manufacturing a
broad range of products and employing 138,000 people all over the world.
P&Gs products are sold in 140 countries
Procter & Gambles relationship with India dates back to when VicksProduct Inc. India, a branch of Vicks Product Inc. USA established in 1951, was
engaged in the manufacturer (Under loan license) and sale of what is today
Indias Number One Health Care brand the famous range of VICKS products.
In 1964, a public limited company Richardson Hindustan Limited (RHL) was
formed which obtained an industrial license to undertake manufacture of
Menthol and de mentholised peppermint oil ad VICKS range of products such
as Vicks VapoRub, Vicks Cough Drops and Vicks inhaler. In May 1967, RHL
introduced Clearasil, then Americas number one pimple cream in Indian
Market. In 1979, RHL launches Vicks action 500 and in 1984 it setup an
Ayurvedic Research Laboratory to address the common ailments of the people
such as cough and cold. In October 1985, RHL became an affiliated of the
Procter & Gamble Company, USA and its name was changed to Procter and
Gamble India.
Presently Procter and Gamble has two subsidiaries in India P& G
Hygiene and Health Care Ltd. and P&G Home Products Ltd. While P&G Home
Products limited changed the name of the Company to Procter and Gamble
Hygiene and Health Care Limited in 1999.
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Brand Portfolio:
Procter & Gamble Hygiene and Health Care Limited.
Health Care
Vicks VapoRub: The first product to be launched under the Vicks brandname in 1951.
Vicks inhaler: It was also launched in 1951 and created the inhalermarket in India.
Vicks Formula44: Vicks Formula 44 Cough Syrup was launched inIndia in October 2003.
Vicks Cough Drops: Menthol based lozenges launched in 1966. Vicks Action 500+: These capsules (capsules shaped tablet) were
launched in 1978 and re launched in August 2000 in an attractive blue
pack from the traditional green pack. A variant in the form of Vicks
action 500+ night tablets was launched in July 2002 to be taken
especially before sleepoing.
Feminine Care:
Whisper: in 1989, Procter & Gamble India (after changed in name fromRHL) launched Whisper the break through sanitary napkin which will
revolutionize the Indian feminine hygiene category. Since then various
variants of Whisper have been introduced to tap the different segments
especially introducing low cost variants to increase penetration in the
Indian market.
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Procter & Gamble Home Products Limited.
Fabric Care
The detergent business was originally a part of P&G India Ltd. But in 1993 it
was divested to P&G Home Products Ltd.
Ariel: was launched in 1991 by P&G India Ltd. And was later divested toP&G Home Product Ltd. In 1993 along with the rest of the detergent
business. Over the years the brand has enjoyed endorsement from
celebrities such as actress and social worker Shabana Azmi, Begum of
Pataudi, successful actress and homemaker of the Pataudi family
Sharmila Tagore, TVs most popular saas-bahu duo Smriti Iraani and
Apara Mehta. Presently it is available in three variants including one
specially marketed for front loading washing machines.
Tide: in 2000, Procter & Gamble Home Products Ltd introduced TideDetergent Powder the largest selling detergent in the world. Its
available in both detergent and bar form. Positioned as a brand in
between the concentrate brands like Ariel and other brands like surf, it
has captured around 2% of the market share (as compared to 4% of surf).
Recently Tide has seen a huge price cut to bring its prices closer to Surf.
Hair Care
Pantene Pro V:This brand was launched in Inida in June 2000 and itspresently available in five different variants according to different hairtypes.
Head & Shoulders: Launched in 1997 as an anti dandruff shampoo,presently it comes in many different variants. In June 2007, P&G
launched H&S intensive solutions for extreme cases of dandruff. It is
priced at Rs 159 & 220 ml and Rs 59 for 70 ml.
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Rejoice: Launched in January 2004, Rejoice was launched to tap theprice conscious Indian consumer and is presently available in three
different variants.
Baby Care:
Pampers: in June 2003, Procter & Gamble Home Products Limitedlaunched Pampers worlds number one selling diaper brand with sales
of US$ 6 billion annually.
Licensed brands:
Old Spice: Part of the P&G portfolio, its license was sold to Menezes Cosmetics
Pvt. Ltd. On 1 December 2002 for a period of 10 years. Prior to this, P&G had a
distribution agreement with Marico industries for Old Spice Products.
Recent Launches:
In july 2007, P&G launched Olay in India. Earlier Olay was available as
a imported product, but now P&G deirectly markets this brand. Sushmita Sen
has been chosen the brand ambassador and the brand is positioned in the
premium segemtn in the skin care sector. An Olay total effect is an anti aging
cream launched on 23rd
July 2007.
Social Responsibility:
P&G has a global initiative to support children in need the world over. As
part of that initiative P&G has had a series of initiatives in India to help in theeducation of undeerprivileged children. In 2007, in collaboration with CRY and
SONY, P&G launched its shiksha project for the third year running wherein
every large pack of Tide, Pantene, Head & Shoulders, Rejoice, Vicks.
VapoRub, Whisper, Gillete March 3 Turbo, Gillete Series, Oral B or Pampers
purchased during April, May and June 2007, would support of underprivilaged
children.
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In the past P&G has had a scholarship scheme as part of Shiksha, as well
as helping in reconstruction during the Bhuj earthquake.
P&G to sell global pharma biz for $3.1 bn
American consumer products major Procter & Gamble Company will beselling its global pharmaceuticals business to Ireland-based pharma entity
Warner Chilcott Plc for about USD 3.1 billion. The transaction is expected to be
completed by the end of this year, subject to regulatory approvals.
Both companies in a statement said they have entered into an agreement
for the proposed acquisition, for an up-front cash payment of USD 3.1 billion.
As part of the agreement, Warner Chilcott would acquire P&Gs portfolio of
branded pharmaceuticals products, including Asacol HD (masalamine)
Delayed-Release Tablets for ulcerative colitis and Anthonel (risedronate
sodium) for osteoporosis.
The Irish firm would also buy P&Gs prescription drug product pipeline
and manufacturing facilities in Pureto Rico and Germany. Most of the 2.300
employees working on P&Gs pharmaceuticals business are expected to move
to the Irish firm.
The acquisition transforms Warner Chilcott into a global pharmaceutical
company, expands our presence in womens healthcare, establishes us in the
urology market in advance of the anticipated launch of our erectile dysfunction
treatments, and adds gastroenterology therapies to our product portfolio,
Warner chilclotts president and CEO Roger Boissonneault said. The sale of
pharmaceuticals business for USD billion would result in a one-time earnings
increase for P&G of about USD billion after-tax.
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FMCG sector outlook*
The FMGC industry is a low-margin business. Volumes hold the key to
success in this industry. That is why the industry players but so much emphasis
on marketing and distribution. Brands are the key determinants of success in the
market. However, the unorganized segment that continued to play spoilsport
and has benefited mainly de to their strategy of low price, high volumes. To
add to the organized players, the unorganized players have benefited without
spending even single penny on advertising and brand building.
The urban market has begun showing signs of saturation and the future
growth in this sector is set to be driven by the rural consumer.12.2% of the
worlds population lives in Indias villages which means the Indian rural FMCG
market cannot be ignored. Although presently rural penetration is pretty low,
the demand ofr branded consumer goods is expected to rise rapidly in the rural
market. For instance, for toilet soap, the average expenditure per user household
for low-income households is Rs.237, while it has increased to Rs.706 for high-
income groups. Rural market at staggering 122 million, five times the urban
market, is hard to ignore for anyone especially with the rising income levels in
the villages.
The key factors that are expected to trigger future growth for the FMCG
industry include reduction in excise duties, relaxation of licensing restrictions
and reduced dominance of unorganized sector due to creation of level playing
field.
*These are approximate figures as different sources give different numbers.
They should be used only to get an idea about the sector and not as exact values.
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Purpose of P&G:
We will provide branded products and services of superior quality and
value that improve the lives of the world's consumers. As a result, consumers
will reward us with leadership sales, profit, and value creation, allowing our
people, our shareholders, and the communities in which we live and work to
prosper.
Values of P&G:
P&G is its people and the values by which we live. We attract and recruit
the finest people in the world. We build our organization from within,
promoting and rewarding people without regard to any difference unrelated toperformance. We act on the conviction that the men and women of Procter &
Gamble will always be our most important asset.
Principals of P&G:
We Show Respect for All Individuals The Interests of the Company and the Individual Are Inseparable We Are Strategically Focused in Our Work We Value Personal Mastery We Seek to Be the Best Innovation Is the Cornerstone of Our Success Mutual Interdependency Is a Way of Life We Are Externally Focused
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CHAPTER 2
PRODUCT PROFILE
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PRODUCT PROFILE
History of Olay
Olay is a product truly born from love, as it was
created by a man as a gift for his wife. In the 1950s,
chemist Graham Wulff saw his wife Dinahs
frustration with the thick, waxy beauty creams that
came in shoe-polish tins. They left her skin looking
greasy, and they certainly didnt fit with her feminine
sensibility. Graham wanted to create a new beauty
product for herone that could not only moisturize her skin, but also leave her
feeling beautiful and feminine.
Together, Graham and Dinah fine-tuned everything from absorption
and texture to the delicate pink shade and instantly recognizable fragrance.
At last, the legendary Oil of Olay Beauty Fluid was born.
Within five years, Olay was enjoying phenomenal success in South
Africa, and in 1959 expanded into England, the United States, the Netherlands,Canada and Germany. Needless to say, the Olay business flourished.
Eventually, Olay was sold to Richardson Merrill, which later became
Richardson-Vicks. In 1985, Procter & Gamble bought Richardson-Vicks and
gained the Olay brand.
In 2000, Procter & Gamble decided to shorten the brand name to Olay.
The formula had evolved over the years, and the original name no longer fit
with what women have come to expect from Olaya light, greaseless formula
that absorbs quickly into the skin.
Today, Olay is one of the most recognizable brands in the world. Yet
through all the changes and innovations, the philosophy upheld by Graham
Wulff remains just as relevant as ever: Help women look and feel beautiful.
Thats a potent formula for success.
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Olay Total Effects' Vita Niacin Technology helps Indian women fight the seven
signs of ageing . It is a breakthrough anti-ageing moisturizer
Olay Total Effects Anti Ageing Cream Claims
Total Effects fights 7 signs of ageing (fine lines and
wrinkles, rough texture, uneven skin tone, dullness,
prominent pores, age spots and dryness) by:
1. Minimizing the appearance of fine lines andwrinkles
2. Smoothing skins texture with gentleexfoliation
3. Balancing colour and tone while reducing theappearance of age spots
4. Fighting dullness for healthy-looking radiance5. Refining to minimize pore appearance6. Moisturizing to nourish dry skin and to help firm and subtly lift its
appearance
7. Protecting skins surface with antioxidantsThe Vitamin Breakthrough VitaNiacin One Product to fight the 7
Signs of Skin Ageing
A key milestone while delivering one of the biggest skin care needs of
women around the world - an anti-ageing product that helps combat the 7 signs
of ageing - was the creation ofOlay Total Effects with VitaNiacin formulation -
an exclusive moisturizing combination of three key components - niacinamide
(Vitamin B3), Vitamin E and Pro-Vitamin B5 (panthenol).
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Each of the above ingredients works effectively to fight the signs of ageing as
follows;
Vitamin E is a powerful anti-oxidant thathelps replace lost moisture inthe skin caused by ageing and damage due to the environment, thereby
leaving the skin feeling soft and smooth.
Pro-Vitamin B5 (panthenol) is a humectant that counteracts the drynessthat often occurs in ageing skin, thereby leaving skin well-conditioned.
Niacinamide (Vitamin B3), is a water soluble vitamin that has a positiveimpact on skins connective tissue and gel matrix which are of particular
significance in aged & photo-damaged skin.
According to Dr. Colin DSilva, Principal Scientist, P&G Beauty,
Niacinamide in combination with Vitamin E and Pro-Vitamin B5, when
applied topically to the skin, enhances skin moisturization and increases the rate
of exfoliation andbarrier repair.
As most know, Unprotected Sun Exposure accelerates skin ageing. Olay
Total Effects also contains sunscreen protection of SPF 15 value which protects
against harmful UVA/UVB rays from the sun.The Indian PerspectiveClinical study
Similar to the international clinical study, in India too, an independent
clinical study was conducted over 200 Indian women aged between 30-60 years
across a 10-week treatment period. A Panel of leading Indian Dermatologists
analysed the clinical data on the effects of a VitaNiacin moisturizer on Indian
skin. The study compared skin of women using a moisturizer with VitaNiacinversus those using an ordinary moisturizer. Post a discussion on global & Indian
data, they supported the fact that:
(i) VitaNiacincontaining moisturiser can fight the 7 signs of skin ageing, asidentified by over 6,000 women worldwide;
(ii) Efficacy of VitaNiacin has been optimized with the adjunctive use ofadequate sun protection of SPF 15 value; and
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(iii) Suitability, acceptability and efficacy of the product offer a solution for
Indian women looking to address the 7 signs of skin ageing.
Recommended Olay Total Ef fectsRegimen for best results:
Its best to ensure you cleanse your skin well before using Olay Total
Effects moisturizer. Apply it twice a day on your face and neck, during morning
& night before going to bed. If you have dry skin, you may wish to apply the
product a third time, at mid-day. It is best to apply the UV Variant in the day to
protect yourself from the harmful sun rays, and apply the Non-UV Variant at
night to effectively allow the VitaNiacin technology to work.
Get your Olay Total E ff ectstoday!
Olay Total Effects, is a unique anti-ageing moisturizer that comes in a
convenient, easy-to-squeeze pump jar, perfectly sized for every womans
handbag, and is available in two variants - Normal (UV and Non-UV), and
Gentle (UV and Non-UV); with a light, fresh scent, or fragrance-free. All Olay
Total Effects moisturizers are priced at Rs. 599/- for a 50gm pump jar that if
used once at morning and night, lasts a month. So grab your bottle ofOlay Total
Effects from a beauty counter at leading malls, modern retail stores, and select
chemists, and visibly reduce those 7 signs of ageing. For more information
please log onto www.olay.co.in.
Olay Anti-Aging Cream Ambassadors.
Madhuri Dixit who has just returned from US
has already started making waves in Bollywood. The
gorgeous actress has been appointed as the brand
ambassador for the anti-aging beauty products range
ofOlay.
Olay India announced Madhuri Dixit as their Brand Ambassador stating :
We are thrilled to announce the new face of Olay Regenerist The one and
only Madhuri Dixit.
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Olay offers wide range of anti-aging creams and have signed actresses
like Karishma Kapoor, Sushmita Sen and Sridevi who are in their 30s or 40s to
endorse their products. Madhuri Dixit(44) is the latest to join the bandwagon
and the company has definitely chose the best to represent their products. She
will be seen in print ads and TVC of Olay.
Roopa Purshottam, Economist & Head Future Trends(FutureGroup), Shikha Sharma, Health & Wellness Expert, DilshadPastakia, Celebrity Hair Stylist, Dr.Colin D'Silva, Principal
Scientist, P&G Beauty, Tisca Chopra, Actor & TV Anchor, AnitaDongre, Fashion Designer and Coleen Khan Affonso, CelebrityBeauty Expert at the launch of Olay Total Effects in India.
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CHAPTER 3Objectives
Research MethodologyLimitations
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OBJECTIVES
To know whether product awareness is there among different age groupsand people.
To determine the place of Olay with respects to other competitive skincarecosmetics.
To ascertain the factor influencing the purchase ofOlay Total effects. To estimate the effect of pricing and packing on the purchase of Olay Total
effects.
To assess the importance of brand name in the marking effort. To ascertain the quality prominence factor in marketing ofOlay Total effects To know consumer psychology towards Olay Total Effects.
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RESEARCH METHODOLOGY
To manage the business well is to manage its future and to manage the future
is to manage information.
To collect the information, marketing research is to be done. Marketing
research has been defined as the systematic gathering, recording and analyzing
of data about problems relating to marketing of goods and services from
producer to consumer.-By American Marketing Association
Research Methodology refers to the various methods and techniques
involved in the process of research. The information required for the
preparation of the report is collected through two
Sources viz;
1. Primary Data
2. Secondary Data
Primary Data:
The data collected for a purpose for a particular problem in original is known as
Primary Data. It consists of all the answers in first hand.
Sources of primary data:
The sources are divided into basically two types internal and external. Internal
source analysis is referred to as sales analyses. The external sources include the
sales man, dealers and consumers. On the basis of requirement the information
is collected from anyone or all of the sources.
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Methods of collecting Primary data:
The collection of information is referred to as primary method. There are
various methods in which primary data can be adopted and thus can be
broadly classified as survey methods and experimental methods.
Survey methods:
The survey is a complex operation, which requires some technical Knowledge.
Survey methods are of personal character and depending on the information
required there are six major types of surveys.
Facts Survey - Collects only facts.
Opinion Survey Opinions in various problems are collected.
Attitude Survey Determines the attitudes of the consumers.
Future inventions Survey Used to find on discover future trends.
The Reason why Survey Seeks to determine why a person has done
something to do something in future.
Ones survey may contain several types since it may give several and better
kinds of information. The various kinds of surveys are carried out through
different methods. Usually three general methods are used to conduct a survey.
2. Secondary Data:
The data collected from the public sources i.e., not originally Collected for the
first time is called secondary data. Suppose we want to know the population of
the city, we need not go house to house to collect the same but can referred to
the census report.
SAMPLING UNITS
1) Sampling unit : Professionals, Common people and students
are surveyed
2) Sampling Size : 100
3) Sampling procedure : Stratified random sampling is used.
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LIMITATIONS
Time is major constraints, The study is concentrated only to Kurnool city The method used in this project is "Random sampling method" Some respondents were not interested to give the accurate Information about the
product
The open ended question which makes analysis easy might have restrictedthe respondents' choice of answers.
The research is limited only too few consumers in Kurnool city.
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CHAPTER 4Literature Review
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THEORITICAL BACKGROUND OF THE CONSUMER
PSHYCOLOGY
Consumer Psychology:
Psychology:
Psychology is referred to as a science a study of the mind and its processes. (Study
of individuals) thus psychology as a branch of behavioral science tries to probe and
understand how an individuals mind works while taking decisions. Psychology, the
following concepts which influence the consumers decision making process;
1. Needs and motivation:
Need can be said to be a state of felt deprivation in a person. That is needs are a
basic part of human make up. There are certain characteristics of needs which influence
the consumer's decision:
a) Needs are never fully satisfied. '
b) New needs emerge as old needs are fully satisfied.c) The nature and persistence of an individual's behavior are often influenced by the
success and failure in satisfying the needs and reaching the goal.
d) Needs and goal vary individuals.
Motivation is another closely related factor affecting consumer Behavior,
Motivation has come from motives which are the Expression of human needs by a human
being. It can be said to be a feeling of lacuna or lacking something which motivates
him/her to act (Activities) and get this feeling of lacking removed (Satisfaction).
2. Personality:
Personality may be defined as predisposition to react to a given stimulus
in a particular manner and this may be in the form consistent response to
environmental stimuli.
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There are certain characteristic features of personality.
a) Personality reflects individual difference (traits) thus marketers can segment the
market based on certain common consumer
b) Personality is consistent and traits.
c) Personality can change under certain circumstances like birth-Death of loved
one a major career promotion etc.,
3. Perception:
Perception is the sensing of stimuli external to the individual organs.
Perception determines what seen felt, heard, smelt or tasted by the consumers
when numerous stimuli are directed to them. Since perception leads to though
and though leads to action, marketing is concerned with understanding the
process perception. The way individual perceives thing will depend upon many
personal factors-needs, moods, memories, values etc. Buyers see the product in
terms of images. These images are the formalized impressions residing,
consciously or unconsciously in the minds of individuals with regard to the 'brand'
and the price of the product (or) companies (or) retail-outlets and themselves orrisk .therefore advertising and packing must reflect the same quality as
imagined.
4. Learning:
Learning is the process of acquiring knowledge and the basic factors
influencing gleaning are motivation, conditioning, relationship andorganization. Motivation is an important factor in initiating and governing one's
activities, which may bring satisfaction. Conditioning is a way of learning in which
a new response to a particular stimulus is developed. Such a response does
influence behavior pattern.
Relationship and organization also facilitate learning.
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5. Attitude:
An individuals consciousness, feelings, beliefs, values from the emotions part
of the mind. Attitudes develop gradually as the result of experience and they emerge
from interaction with family, friends and reference groups, there are three main
components of attitude. They are,
a) The cognitive component: Cognition is the mental process which is concerned
with gathering information and interpreting of logically.
b) The affective component; it is concerned with individual emotions.
c) The co native component: it is concerned with how individual responds to he object
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CHAPTER 5
Data Analysis&Interpretation
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1. What is your age?
Particular NO. of respondent % of respondent
25-35 12 12%35-45 48 48%
45-55 30 30%
55 Above 10 10%
Total 100 100%
INTERPRETATION:
Above table reveals that 80% of the age group between 35-45 are using
Olay Anti-Aging Cream. 25-35% of the age group are between 25-35. 30% of
the age group are between 45- 55. 10% of the age group are above 55.
SOURCE: Questionnaire
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12%
48%
30%
10%
0%
10%
20%
30%
40%
50%
60%
25-35 35-45 45-55 55 Above
% of
respondent
1. What is your age?
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2. Do you use anti-aging creams?
Particular NO. of respondent % of respondent
Yes 70 70%
No 30 30%
Total 100 100%
INTERPRETATION
According to the above analysis it is concluded 70% of the respondents
using anti-aging creams and the rest 30% doesnt use the creams.
SOURCE: Questionnaire
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2. Do you use anti-aging creams?
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3. If yes, which brand of Anti-Aging cream do you use?Particular NO. of respondent % of respondent
Olay 51 51
Fair & lovely 15 15
Ponds 10 10
Garnier 11 11
Others 13 13
Total 100% 100%
INTERPRETATION
As per the table 51% of the respondents are preferring Olay as the
brand of Anti-Aging cream they use. 15% of the respondents are preferring
Fair N Lovely. 10% are using ponds. Garnier 11% and 13% are others.
SOURCE: Questionnaire
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Percentage
of respondent
3. If yes, which brand of anti-aging cream do you use?
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4. How did you come to know about Olay Total effects?
Particular NO. of respondent % of respondent
Advertising 60 60%
Provisional Stores 12 12%
Skin specialist 18 18%
Friend & relations 10 10%
Total 100 100%
INTERPRETATION
As per the above table 60% of the respondents came to know about
the product through advertising. 18% through skin specialist. 12% through
provision store. 10% of respondents came to know through Friends &
Relatives.
SOURCE: Questionnaire
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60%
12%
18%
10%
Source of information
Advertising Provisional Stores Skin specialist Friend & relations
4. How did you come to know about Olay Total effects?
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5. What made you to go for the product Olay total effect?
Particular NO. of respondent % of respondent
Brand image 10 10%
Skin care 30 30%
Quality 40 40%
Just for a trial 20 20%
Total 100 100%
INTERPRETATION
Above table reveals that 30% of the respondents have purchased Olay
because of Skin Care, 40% of the respondents have purchased because of
quality. 10% because of brand image. remaining 20% just for a trial.
SOURCE: Questionnaire
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5. What made you to go for the product Olay total effect?
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6. How do you rate the product Olay Total effects?Particular NO. of respondent % of respondent
Extremely Satisfied 41 41%
Satisfied 29 29 %
Partially satisfied 22 22%
Not Satisfied 08 08%
Total 100 100%
INTERPRETATION
Above table reveals that 41% of the respondents are extremely satisfied
with Olay Anti-Aging Cream. 29% are satisfied, 22% are partially satisfied
and 8% of the respondents are not satisfied.
SOURCE: Questionnaire
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41%
29%
22%
8%
0% 10% 20% 30% 40% 50%
Extremely Satisfied
Satisfied
Partially satisfy
Not Satisfied
Percentage
SatisfactionLevel
Satisfaction Rating of Respondents
% of respondent
6. How do you rate the product Olay Total effects?
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7. When compared to other products how you do feel the performance ofOlay Total effects?
Particular NO. of respondent % of respondent
Good 58 58
Better 26 26
Average 10 10
Poor 06 06
Total 100 100%
INTERPRETATION
As per the above table 58% of the respondents feel Olays
performance is good, 26% feel it is better, 10% feel it has average
performance and 6% feel that performance is poor.
SOURCE: Questionnaire
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7. When compared to other products how you do feel the performance of
Olay Total effects?
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8. Which cream do you feel superior closer to Olay?
Particular NO. of respondent% of respondent
Fair & Lovely 50 50%
Garnier 30 30%
Ponds 20 20%
Total 100 100%
INTERPRETATION
Above table reveals that 50% of the respondents are feeling fair & lovely
is the superior closer competitor to the Olay and 20% of the respondents
said Garnier is secondary closer competitor of Olay, 20% ponds.
SOURCE: Questionnaire
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8. Which cream do you feel superior closer to Olay?
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9. Have you found any changes in yourselfafter using Olay Total effects?
Particulars No. of Respondents % of Respondents
Yes 85 85%
No 15 15%
Total 100 100%
INTERPRETATION:
Above table reveals that 85% of the respondents feel change after using Olay
Anti-Aging Cream where 15% doesnt feels any change.
SOURCE: Questionnaire
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9. Have you found any changes in yourself after using Olay Totaleffects?
85%
15%
Yes
No
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10.What is your opinion about the price of Olay Total effects?Particulars No. of Respondents % of Respondents
High 48 48%
Reasonable 33 33%
Low 19 19%
Total 100 100%
INTERPRETATION:
According to the above table it is concluded that 48% of the respondents
think the price is high, 33% respondents think price is reasonable and 19%
thinks that the price is low.
SOURCE: Questionnaire
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10. What is your opinion about the price of Olay Total effects?
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11.Would you like to recommend this product to others ?
Particulars No. of Respondents % of Respondents
Yes 89 89%
No 11 11%
Total 100 100%
INTERPRETATION:
According to the above analysis it is concluded 89% of the respondents
like to recommend the product others, and remaining 11% dont like to
recommend it.
SOURCE: Questionnaire
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11. Would you like to recommend this product to others?
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12.What is your opinion on using of film celebrities in the advertising ofOlay?
Particulars No. of Respondents % of Respondents
Very Impressive 65 65%
Moderately
Impressive
30 30%
Not Impressive 5 5%
Total 100 100%
INTERPRETATION:
Above table reveals that opinion of 65% of respondents are very
impressive on using of film celebrities in the advertisements. 30% opined that
its moderately impressive where 5% said that its not impressive.
SOURCE: Questionnaire
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12.What is your opinion on using of film celebrities in the advertisingof Olay?
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CHAPTER 6
FindingsSuggestions &Conclusion
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FINDINGS
The majority of the respondents who are consuming Olay total effectAnti-Aging Cream are between the age group of 3545 the youngsters
are ignored.
Though it is a new product from P&G, the majority of the respondents areusing Olay Total Effect anti-aging cream.
Advertisement has a good effect on the customer to use Olay Total EffectAnti-aging cream
Most of the customers want to recommend it to others. The price of Olay Total Effect Anti-Aging Cream is expensive according
to the majority of the respondents.
Quality of the Olay Total Effect Anti-Aging cream has a good impact onthe customers.
Majority of the respondents are extremely satisfied with the performanceproduct.
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SUGGESTION
P&G ought to pay concentration to improve the brand image, as it is alsoa major factor for customer to buy a product.
Theres lack of advertising through provisional stores, P&G should needto take care of it
P&G should have to pay more concentration towards the competitors likeFair & Lovely and Garnier.
It is suggested to focus on the youngsters also, so that the company couldhave good hold on all the age groups.
As the Majority of the respondents said that the price of the product ishigh, P&G should try to decrease the price without affecting to the
quality of the product.
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CONCLUSION
It is already said Olay is a product truly born from love, as it was
created by a man as a gift for his wife. In the same sense the majority of the
middle aged women are focusing towards the standard of life using the newly
launched Olay Total Effect anti-aging cream in the competition of other anti-
aging creams as it has good effects at the first use. It has been observed that the
Olay which has setup in India in last decade and now got a good hold on Indian
market in skin care sector also.
Most of the Olay Total Effect anti-aging cream has attracted the
customers and satisfied them at its first launch and its still carrying the same
satisfaction level in every aspect like, price, quality, quantity, brand image etc.
and the product demand is increasing day by day. Thus the Olay will really
occupy a place in the heart and shows its effects in the form of beauty on every
woman who use it as for the reason it has been introduced.
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CHAPTER 7
Questionnaire&Bibliography
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QUESTIONNAIRE
Name :
Gender :
Occupation :
1. What is your age? [ ]
a) 25-35 b) 35-45 c) 45-55 d) 55 above
2. Do you use anti-ageing creams? [ ]
a) Yes b) No
3. If yes, which brand of anti-ageing cream do you use? [ ]
a) Olay b) Fair & lovely c) Ponds d) Grainer
4. How did you come to know about Olay Total effects? [ ]
a) Advertising b) Provision stores
c) Skin Specialist d) Friend & Relatives
5. What made you to go for the product Olay Total effects? [ ]
a) Brand image b) skin care c) quality d) All of the above
6. If no, why didnt you use it? [ ]
a) Unaware about the product b) Dont want to go for a change
c) Other reason, please specify -----------------------------
7. What do you give more preference to while buying an Olay Totaleffects? [ ]
a) Price b) Quality c) Promotional activity
d) Brand image e) others if any (specify) ---------------------
8. Have u found any changes in u after using Olay Total effects? [ ]
a) Yes b) No
9. How do you rate the product Olay Total effects? [ ]
a) Excellent b) Satisfied c) partially satisfied d) not satisfied
10. What is your opinion about the price of Olay Total effects [ ]
a) High b) Reasonable c) Low
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11. When compared to other products how do you feel the performance of Olay Total
effects? [ ]
a) Good b) Best c) Average d) Better
12. Would you like to recommend this product to others? [ ]
a) Yes b) No
13. Does the name Olay suits in the product? [ ]
a) Yes b) No
14. Which cream do you feel superior or closer to Olay? [ ]
a) Fair n Lovely b) Gariner c) Ponds
15. What is your opinion on using of film celebrities in the Advertising of Olay? [ ]a)Very impressive b)Moderately impressive c) Not impressive
16. Do you feel of any need o matching any changes in the product Olay If yes give
Your valuable suggestions
.
.
.
Thank you
Signature
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BLIOGRAPHYBI
MARKETING MANAGEMENT : Phillip Kotler
REASERCH METHODOLOGY : Startified Random Sampling,
Text book of Sampling of
Population by Lemy and
LameShow.
WEBSITES : www.olayindia.com
www.olaycompany.com
www.google.com
http://www.olayindia.com/http://www.olaycompany.com/http://www.google.com/http://www.google.com/http://www.olaycompany.com/http://www.olayindia.com/