rm cadbury
TRANSCRIPT
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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).
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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.
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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 -
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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.
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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.
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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%
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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
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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
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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
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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
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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
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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
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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
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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.
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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.
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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.
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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?
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..................
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
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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