rm cadbury

Upload: pravingouda90

Post on 03-Jun-2018

236 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/12/2019 Rm Cadbury

    1/29

  • 8/12/2019 Rm Cadbury

    2/29

    2

    1.INTRODUCTION

    In this research I have survey the product performance and buying behavior of

    famous brands of chocolates Cadbury, which are consumed by people of all

    ages. During this research I have interacted with people of Ghaziabad. After

    this research I came to know how people perceives these products on the

    variables like price, quality, advertisement, satisfaction, taste, packaging, brand

    loyalty etc. I also came to know which particular brand of chocolate is most

    preferred by people of different age groups. In this research I have surveyed that

    how frequently and how much chocolate they consume, whether they buy small,

    big or family pack. Trend of ongoing changes in their likings has been shown in

    the report. In this report I have tried to explain the entire research and facts

    product wise.

  • 8/12/2019 Rm Cadbury

    3/29

    3

    2.CONSUMER PREFERENCE

    All marketing starts with the consumer. So consumer is a very important person

    to a marketer. Consumer decides what to purchase, for whom to purchase, whyto purchase, from where to purchase, and how much to purchase. In order to

    become a successful marketer, he must know the liking or disliking of the

    customers. He must also know the time and the quantity of goods and services,

    a consumer may purchase, so that he may store the goods or provide the

    services according to the likings of the consumers. Gone are the days when the

    concept of market was let the buyers beware or when the market was mainlythe sellers market. Nowthe whole concept of consumers sovereignty prevails.

    The manufacturers produce and the sellers sell whatever the consumer likes. In

    this sense, consumer is the supreme in the market.

    As consumers, we play a very vital role in the health of the economy local,

    national or international. The decision we make concerning our consumption

    behavior affect the demand for the basic raw materials, for the transportation,

    for the banking, for the production; they effect the employment of workers and

    deployment of resources and success of some industries and failures of others.

    Thus marketer must understand this.

    Preference (or "taste") is a concept, used in the social sciences, particularly

    economics. It assumes a real or imagined "choice" between alternatives and thepossibility of rank ordering of these alternatives, based on happiness,

    satisfaction, gratification, enjoyment, utility they provide. More generally, it can

    be seen as a source of motivation. In cognitive sciences, individual preferences

    enable choice of objectives/goals.

  • 8/12/2019 Rm Cadbury

    4/29

  • 8/12/2019 Rm Cadbury

    5/29

    5

    3.SCOPE OF THE STUDY

    As learning is a human activity and is as natural, as breathing. Despite of the

    fact that learning is all pervasive in our lives, psychologists do not agree on how

    learning takes place. How individuals learn is a matter of interest to marketers.

    They want to teach consumers in their roles as their roles as consumers. They

    want consumers to learn about their products, product attributes, potential

    consumers benefit, how to use, maintain or even dispose of the product and new

    ways of behaving that will satisfy not only the consumers needs, but the

    marketers objectives.

    The scope of my study restricts itself to the analysis of consumer preferences,

    perception and consumption of Cadbury and Nestle Chocolates. There are many

    other brands of chocolates available but my study is limited to major players of

    chocolates leaving behind the others.

  • 8/12/2019 Rm Cadbury

    6/29

    6

    4.OBJECTIVESOF THE STUDY

    This project is based on the comparative study consumer behavior towards

    Cadbury chocolates. Objectives of the study are:

    The other objective is to know about the customer satisfaction levelassociated with the product and the customer preference level.

    To increase customer satisfaction and recapture the market share byfulfilling the customer needs.

    To study the factors affecting the consumption pattern.

  • 8/12/2019 Rm Cadbury

    7/29

    7

    5.LIMITATIONS OF THE STUDY

    In attempt to make this project authentic and reliable, every possible aspect of

    the topic was kept in mind. Never the less, despite of fact constraints were at

    play during the formulation of this project. The main limitations are as follows:

    Due to limitation of time only few people were selected for the study. Sothe sample of consumers was not enough to generalize the findings of the

    study.

    The main source of data for the study was primary data with the help ofself-administered questionnaires. Hence, the chances of unbiased

    information are less.

    People were hesitant to disclose the true facts.The chance of biased response cant be eliminated though all necessary

    steps were taken to avoid the same.

  • 8/12/2019 Rm Cadbury

    8/29

    8

    6.Chocolate

    The very word makes your mouth water.

    Chocolate is more than just a food: its a state of mind.

    Chocolate as we know it

    The first mention of chocolate being eaten in solid form is when bakers in

    England began adding cocoa powder to cakes in the mid 1600s. Then in 1828 a

    Dutch chemist, Johannes van houten, invented a method of extracting the bitter

    tasting fat or cocoa butter from the roasted ground beans, his aim was to make

    the drink smoother and more palatable, however he unknowingly paved the way

    for solid chocolate as we know it.

    Chocolate as we know it today first appeared in 1847 when fry & sons of

    Bristol, England mixed sugar with cocoa powder and cocoa butter (made bythe van houten process) to produce the first solid chocolate bar then in1875 a

    Swiss manufacturer,

    Daniel peters, found a way to combine (some would say improve, some would

    say ruin) cocoa powder and cocoa butter with sugar and dried milk powder to

    produce the first milk chocolate.

  • 8/12/2019 Rm Cadbury

    9/29

    9

    CONSUMPTION OF CHOCOLATES IN INDIA

    Chocolate consumption in India is extremely low. Per capita consumption is

    around 160 gms in the urban areas, compared to 8-10kg in the developed

    countries. In rural areas, it is even lower. Chocolates in India are consumed as

    indulgence and not as a snack food. A strong volume growth was witnessed in

    the early 90s when Cadbury repositioned chocolates from children to adult

    consumption. The biggest opportunity is likely to stem from increasing the

    consumer base. Leading players like Cadbury have been attempting to do this

    by value for money offerings, which are affordable to the masses.

    Cadbury Dairy Milk

    Cadbury Dairy Milkencapsulates an enormous breath of emotions, from sharedvalues such as family togetherness, to the personal values of individualenjoyment. It stands for goodness. A moment of pure magic!

    Cadbury Dairy Milk(CDM) entered the Indian market in 1948, and since thenfor consumers across India, the word Cadbury has become synonymous withchocolate. CDMremains at the top of the Indian chocolate market not only

    because of its most delicious, best tasting chocolate but also because of itsmemorable communication.

  • 8/12/2019 Rm Cadbury

    10/29

    10

    Our Advertising:

    In the early days, the brand had a huge fan following among kids. In order tobuild stronger appeal among older age groups, the brand re-positioned itself

    through the classic Real Taste of Lifecampaign in 1994. The campaignpositioned Cadbury Dairy Milkas the chocolate that awakened the little child inevery grown up and very soon, both teenagers and adults, were hooked on tothis bar of pure magic.

    With the launch of the Rs. 5 pack in 1998, CDMbecame more affordable andhence more accessible for the masses. The ensuing positioning of Khaane

    Waalon ko khaane ka Bahana Chhayiemade consumption into a joyful, socialoccasion.

    In 2004, the Kuch Meetha Ho Jaayecampaign was launched, seeking toincrease CDMconsumption by making it synonymous with traditionalsweets (Mithai).With Amitabh Bachchan as the face and voice of the brand, thecampaign went on to become a huge success. People could relate to thecommercials that were aired to promote Cadbury Dairy Milk. How many canforget the Pappu Pass Ho Gayacommercial? The country cheered on asPappu fell in love in the Pappu Love Test commercial. Then came Miss

    Palampurand the country celebrated the beauty pageant with a difference.The Kenya commercial that was aired in 2008 celebrated the spirit of cricketand that of true sportsmanship. In 2009, we aired another commercial under theKuch Meetha Ho Jaayeplatform, called the `Pay Daycommercial.

    In the year 2010, the `Shubh Aarambhcampaign was launched, drawing linesfrom the traditional Indian custom of having something sweet before embarkingon something new. With `Shubh Aarambh, Cadbury took the Dairy Milk

    journey a step further into the hearts of its million lovers.

    With the current campaign Khaane Ke Baad Meethe Mein Kuch Meetha HoJaaye, our aim is to introduce the thought of having a CDMas a postdinner meetha(dessert).

  • 8/12/2019 Rm Cadbury

    11/29

    11

    Cadbury Dairy Milk Silk

    Cadbury Dairy Milkhas captured the heart of Indian consumers for over sixdecades; but there was room for a more premium entrant in the category. Andenter CDM Silk. Most CDM lovers thought that nothing could taste better,

    but CDM Silk came as a welcome surprise! It is creamier, smoother, and tastier.Its dome shaped cubes pack more chocolate and hence provide a superior eatexperience.

    Launched in January 2010, with a tantalizing taste that tempts the tastebuds, CDM Silk delivered an exquisite chocolate eating experience in the Indian

    market.Our Advertising:

    The advertising highlights the joy of savoring CDM Silkand builds on itscreamy and smooth experience that instantly melts in your mouth. This brand

    promise was beautifully captured by the tagline `Have You Felt Silk Lately?

    The campaign comprised of three commercials which showcased differentprotagonists indulging and savoring Cadbury Dairy Milk Silkchocolate, withinnocence and unabashed joy, unmindful of their surroundings.

  • 8/12/2019 Rm Cadbury

    12/29

    12

    List of Cadbury products

    London-basedCadbury Enterprises pte Limitedis the second

    largestconfectionarycompany globally after Mars, Incorporated. Cadburyproducts are widely distributed and are sold in many countries, the mainmarkets being the United Kingdom, Australia, New Zealand and South Africa.

    Cadbury IndiaBars

    5 Star 5 Star Crunchy 5 Star Fruit & Nut Bournville Almond Bournville Hazelnut Bournville Raisin & Nut Bournville Rich Cocoa Dairy Milk Dairy Milk Crackle Dairy Milk Fruit & Nut Dairy Milk Roast Almond Dairy Milk Silk Dairy Milk Silk Fruit & Nut Dairy Milk Orange Peel Dairy Milk Roast Almond Dairy Milk Shots Dairy Milk Shots with Friends Perk Perk with Glucose EnergyBags and Boxes

    Celebrations Celebrations Rich Dry Fruit Dairy Milk clairs Dairy Milk Shots

    http://en.wikipedia.org/wiki/Cadburyhttp://en.wikipedia.org/wiki/Cadburyhttp://en.wikipedia.org/wiki/Cadburyhttp://en.wikipedia.org/wiki/Confectionaryhttp://en.wikipedia.org/wiki/Confectionaryhttp://en.wikipedia.org/wiki/Confectionaryhttp://en.wikipedia.org/wiki/Confectionaryhttp://en.wikipedia.org/wiki/Cadbury
  • 8/12/2019 Rm Cadbury

    13/29

  • 8/12/2019 Rm Cadbury

    14/29

    14

    7.RESEARCH METHODOLOGY

    This chapter describes the methodology of the study. This project is based on

    information collected from primary sources. After the detailed study, an attempt

    has been made to present comprehensive analysis of consumption of Cadbury

    chocolates consumed by the people. The data had been used to cover various

    aspects like consumption, consumers preference and customers satisfaction

    regarding Cadbury chocolates. In collecting requisite data and information

    regarding the topic selected, I went to the residents of Ghaziabad and collected

    the data.

    Survey design:

    The study is a cross sectional study because the data were collected at a single

    point of time. For the purpose of present study a related sample of population

    was selected on the basis of convenience.

    Sample Size and Design:

    A sample of 100 people was taken on the basis of convenience. The actual

    consumers were contacted on the basis of random sampling.

    Research Period:

    Research work is only carried for 1 week.

    Research Instrument:

    This work is carried out through self-administered questionnaires. The questions

    included were open ended, dichotomous and offered multiple choices.

  • 8/12/2019 Rm Cadbury

    15/29

    15

    Data Collection:

    The data, which is collected for the purpose of study, is divided into 2 bases:

    Primary Source: The primary data comprises information survey ofComparative study of consumer behavior towards Cadbury chocolates.

    The data has been collected directly from respondent with the help of

    structured questionnaires.

    Secondary Source:The secondary data was collected from internet.

    Data Analysis:

    The data is analyzed on the basis of suitable tables by using mathematical

    techniques. The technique that I have used is bar technique.

  • 8/12/2019 Rm Cadbury

    16/29

    16

    8.Facts figures about the Cadbury

    Global Market of Chocolates

    Size of USD 110 billion Growth rate of 2.5 % Nestle is the global market leader followed by Mars Market getting stagnant in mature western markets Asia, eastern Europe and southern America have greatest growth

    prospects

    Indian Market

    Size of Rs 8 billion in value and around 33,000 tons in volume Low per capita consumption of around 160 gm as compared to 8 kg in

    UK

    Very low penetration level Growth rate of 11.5%

  • 8/12/2019 Rm Cadbury

    17/29

    17

    Market Overview

    Region-wise Distribution of Sales

    Demand : Past & Future (in MT)

    0102030

    4050607080

    2002

    -03

    2004

    -05

    2006

    -07

    2008

    -200

    9

    2010

    -201

    1

    2012

    -201

    3

    2014

    -201

    5

    Demand : Past &

    Future

    Region-wise Distribution of Sales

    North35%

    East

    12%

    West

    33%

    South

    20% North

    East

    West

    South

  • 8/12/2019 Rm Cadbury

    18/29

    18

    Age-wise Market Segmentation

    Age-wise Market Segmentation

    2-8 years

    16%

    8-25 years

    55%

    25-54 years

    22%

    Over 55 years

    7%2-8 years

    8-25 years25-54 years

    over 55 years

    Leading Player's Share (%)

    Amul

    8%Nestle

    22%

    Cadbury

    70%

    Cadbury's

    Nestle

    Amul

  • 8/12/2019 Rm Cadbury

    19/29

    19

    9.ANALYSIS OF THE STUDY

    According to the above analysis it is concluded that I have surveyed 100 respondents out of which 14,

    42, 33, 11 belongs to age group 0-10, 10-20, 20-30, above30 respectively.

    According to the above analysis it is concluded that most of the female prefer like to eat chocolate

    Age

    Between 0-10

    Between 10-20

    Between 20-30

    above 30

    Gender

    Male

    Female

    Do you like to eat chocolate?

    yes

    no

  • 8/12/2019 Rm Cadbury

    20/29

    20

    From the above analysis of the given sample of 100 respondents it is concluded that out of 100

    people 95 people likes to eat chocolate while only 5 people dont prefer to eat chocolate.

    According to the above analysis it is concluded that most of the people like to eat fruits and nuts ascompare to other segment of dairy milk chocolate.

    According to the above analysis it is concluded that out of sample of 95 people who eat chocolate 72

    are attracted to buy chocolate on discount and 23 were attracted by some other reasons.

    Which of the following do you prefer?

    Plain Chocolate

    White nuts

    With fruit (Raisins)

    With fruit and nuts

    With caramel

    If there was a discount on Cadbury Dairy

    Milk Silk, you think you would be more likely

    to buy it?

    yes

    No

  • 8/12/2019 Rm Cadbury

    21/29

    21

    According to the above analysis it is concluded that mostly people purchase chocolates weekly.

    According to the above analysis it is concluded that most of the people like to eat new cadbury dairymilk silk.

    According to the above analysis it is concluded that most of the people likes to eat yummy hard

    chocolate and chew form of a chocolate is least preferred.

    Approximately, how many chocolate bars

    would you purchase in one week?

    Less than 5

    5 or 10

    More than 10

    When you think of Cadbury, which chocolate

    comes to your mind?

    Diary milk

    Five stars

    Perk

    Silk

    Any other

    Can you give your favorite chocolate one

    adjective?

    Yummy

    Tasty

    Crunchy

    Chew

  • 8/12/2019 Rm Cadbury

    22/29

    22

    According to the above analysis it is concluded that most of the people like to eat Fruit & Nut ascompare to another.

    According to the above analysis it is concluded that the chocolate is not only consumed by childrenonly its consumed by every age group of people.

    The above analysis of given sample of 93 respondents who eat chocolates it is concluded that only 73

    people likes to eat Cadbury chocolates and after Cadbury they would like to preferred Nestle or more.

    Which variants you like most Cadbury Dairy

    Milk Silk?

    Milk Chocolate

    Roast Almond

    Fruit &Nut

    Orange Peel

    Do you think Cadbury Silk is a commodity

    consumed by children only?

    Yes

    No

    May be

    According to you, which is the most

    preferred chocolate after Cadbury?

    Amul

    Nestle

    Campco

  • 8/12/2019 Rm Cadbury

    23/29

    23

    According to the above analysis it is concluded that most of the people now become health conscious

    so Cadbury should introduced sugar free Cadbury chocolate to attract health conscious people.

    REASONS FOR NOT SWITCHING OVER TO OTHER BRANDS

    All the consumers why they continue to buy the old brand gave various

    important reasons. The most important reasons given by the consumers were:

    Taste/FlavorBrand ImageQualityPackaging

    Do you think now people have become more

    health conscious that the need for chocolate

    has declined?

    Yes

    No

    May be

  • 8/12/2019 Rm Cadbury

    24/29

    24

    10.FINDINGS

    CONSUMER RESEARCH:Consumer research deals with consumer and their problems and solution to

    the problems. In this I came to know about the consumers need and

    expectation levels regarding products and ascertainable levels of consumer

    satisfaction.

    PRODUCT RESEARCH:Under product research I came to know about the modification which

    consumers wants as to the quality, packing, shape, color, and quantity etc of

    their favorite chocolate.

    PRICING RESEARCH:This includes ability to consume, to pay for the product, how much a

    person can spend on his/her favorite chocolate. In this I have tried to find out

    consumers price expectations and reactions.

    ADVERTISING RESEARCH:Under this I have concluded that whether the advertisement appeals the

    consumers or not. This also includes evaluating and selecting the proper

    media-mix and measuring advertising effectiveness.

  • 8/12/2019 Rm Cadbury

    25/29

    25

    CONCLUSION

    A survey of the people has been conducted to know the liking

    pattern of the products Cadbury. It is observed that overall people like to

    eat Cadbury brand rather than Nestle or other. It is concluded that mostly

    people preferred Dairy Milk Silk of Cadbury due to its flavor/taste,

    quality and image and due to its hard form. Some people often like to

    have a chocolate with good flavor, quality and crunchiness so they are

    going towards Kit Kat and Munch of Nestle due to its taste and

    crunchiness.It is thus concluded from the facts collected that mostly people

    refer to buy big pack of their favorite chocolate, and sometimes some of

    them go for small and family pack.

  • 8/12/2019 Rm Cadbury

    26/29

    26

    11. SUGGESTIONS AND RECOMMENDATIONS

    Company should concentrate more on television for advertisement, asmostly people get attracted through television only.

    For promotional offers, company should go for free gifts rather thangoing for other ways.

    Cadbury should concentrate on the shape of a chocolate.People are unsatisfied with the price and quantity of chocolate so

    companies should concentrate in this regard also.

  • 8/12/2019 Rm Cadbury

    27/29

    27

    12 .SURVEY ANALYSIS

    Questionnaire

    1.Name: - 2. Age: - 3. Gender:-

    [ ] Male [ ] Female

    4. Do you like to eat Cadbury chocolate?[ ] Yes [ ] No

    5. Which of the following do you prefer?Plain Chocolate [ ]White nuts [ ]With fruit (Raisins) [ ]With fruit and nuts [ ]With caramel [ ]

    6. If there was a discount on Cadbury Dairy Milk Silk, you think you wouldbe more likely to buy it?

    [ ] Yes [ ] No

    7. Approximately, how many chocolate bars would you purchase in oneweek?

    Less than 5 [ ]5-10 [ ]More than 10 [ ]

    8. When you think of Cadbury, which chocolate comes to your mind?Diary milk [ ]Five stars [ ]Perk [ ]Silk [ ]Any other ..

    9. Do you think that chocolate is a luxury purchase or necessity?

  • 8/12/2019 Rm Cadbury

    28/29

    28

    ..................

    10.Can you give your favorite chocolate one adjective?Yummy [ ]

    Tasty [ ]Crunchy [ ]Other .

    11.Which variants you like most Cadbury Dairy Milk Silk?Milk Chocolate [ ]Roast Almond [ ]Fruit &Nut [ ]

    Orange Peel [ ]

    12.Do you think Cadbury Silk is a commodity consumed by children only?[ ] Yes [ ] No [ ] May be

    13.According to you, which is the most preferred chocolate after Cadbury?[ ] Amul [ ] Nestle [ ] Campco

    14.Do you think now people have become more health conscious that theneed for chocolate has declined?

    [ ] Yes [ ] No [ ] May be

    15.Do you think sugar free Cadbury chocolate should be more introduced toattract health conscious people?

    [ ] Yes [ ] No [ ] May be

    Thank you

  • 8/12/2019 Rm Cadbury

    29/29

    13.BIBLIOGRAHY

    http://www.cadburyindia.comhttp://www.google.com.inhttp://www.cadbury.co.nz/carnival/index.htmlhttp://www.packaging-technology.com//cadbury4.htmlhttp://www.chocolatereview.co.uk http://en.wikipedia.org/wiki/preference