The document describes a case study about Fruitzone India Ltd, a leading fruit juice company that wants to launch a new sugarcane juice variant. It discusses the market research plan developed by India Monitor International (IMI) to study consumer preferences and evaluate opportunities for the new product.
The plan involved secondary research of industry data, as well as primary research including focus groups with frequent juice consumers, interviews with competitors, retailers, and roadside sugarcane vendors. However, the critique notes some limitations, such as not including occasional sugarcane drinkers in focus groups or interviewing too few vendors who represent most of the market. Overall details of the confirmatory research survey were lacking.
The document describes a case study about Fruitzone India Ltd, a leading fruit juice company that wants to launch a new sugarcane juice variant. It discusses the market research plan developed by India Monitor International (IMI) to study consumer preferences and evaluate opportunities for the new product.
The plan involved secondary research of industry data, as well as primary research including focus groups with frequent juice consumers, interviews with competitors, retailers, and roadside sugarcane vendors. However, the critique notes some limitations, such as not including occasional sugarcane drinkers in focus groups or interviewing too few vendors who represent most of the market. Overall details of the confirmatory research survey were lacking.
The document describes a case study about Fruitzone India Ltd, a leading fruit juice company that wants to launch a new sugarcane juice variant. It discusses the market research plan developed by India Monitor International (IMI) to study consumer preferences and evaluate opportunities for the new product.
The plan involved secondary research of industry data, as well as primary research including focus groups with frequent juice consumers, interviews with competitors, retailers, and roadside sugarcane vendors. However, the critique notes some limitations, such as not including occasional sugarcane drinkers in focus groups or interviewing too few vendors who represent most of the market. Overall details of the confirmatory research survey were lacking.
The document describes a case study about Fruitzone India Ltd, a leading fruit juice company that wants to launch a new sugarcane juice variant. It discusses the market research plan developed by India Monitor International (IMI) to study consumer preferences and evaluate opportunities for the new product.
The plan involved secondary research of industry data, as well as primary research including focus groups with frequent juice consumers, interviews with competitors, retailers, and roadside sugarcane vendors. However, the critique notes some limitations, such as not including occasional sugarcane drinkers in focus groups or interviewing too few vendors who represent most of the market. Overall details of the confirmatory research survey were lacking.
Q. 1) Has the Management decision problem been defined
appropriately? ans-: The case is about the Fruitzone India Ltd. Who is the market leader in the Indian market in fruit juices which is marketed under a brand name of Tropivia. From the past few years the MD of the company noticed that the growth of the company is stagnant. So he decided to launch a new variant of juice in the market and before launching a new variant of juice in a market he, wanted to do a market research regarding its product. It hired an external market research agency, India Monitor International (IMI) to conduct the market research. India is a tropical country and huge population of the country consume sugarcane juice and bail juice in summer season. Now the people are more health conscious and prefer more to fruit juice than cola and other drinks. So the company decided to launch a new variant of juice other than existing ones. The issue is to make the juice available to the consumer fresh. The vendors don’t believe that it can be stored. The demand of the sugarcane juice is high during hot summer day as it give freshness to the consumer. The another problem also to maintain the selling during the winter season. As the company has decided to maintain the selling in offseason they well be launching the particular variant of juice in different taste like ginger, fizzy taste etc. The other management problem for the company was the packaging system of the particular juice. The option for packing was tetra pack, bottle or can bottle. The company is having a good option for launching a sugarcane juice in India as it is very clearly mentioned that India is one of the largest sugarcane producing country. So, raw material will be easily available to the company. And the preference of the consumer is switching towards fruits juice from cola and other drinks. Q.2)Critique the overall research plan prepared by the IMI? ans:- For the research purpose the IMI divided the plan in two parts exploratory research and confirmatory research. The following steps had been done under exploratory research and confirmatory research. In the focused group discussion the participants who consumers packed juice frequently were only selected. But in this case IMI would have taken some more participants. They may have chosen participants who generally use to have sugarcane juice from the roadside vendors. The main purpose of choosing them was to know the perception of those type of customers if the juice they liked the most would be available in tetra packs or in bottle. In a dept-interview the regional sales manager of a competitor was taken which may be a wrong decision for the company. As the competitor may provide some false information to the researcher due to competence. The roadside vendors who were taken for the in-depth interview was very less. They were only 3 members. The IMI would have chosen some more roadside vendors because case very clearly states that more than 90% of the sugarcane juice market is covered by these vendors only. So, the opinion of these vendors matters a lot. If we talk about the confirmatory research, so the information which is given about confirmatory research is very less. Details of survey is not mentioned by the IMI. The more details of survey may have given some more views on the research. Q.3) Is the exploratory research plan prepared by IMI appropriate? ans-: The overall research plan prepared by IMI is appropriate. In exploratory research the first step taken by the IMI is secondary data. They collected some of the secondary data for their research. The secondary data would help them to analyze their performance of fruit juice as compared to their competitors. The plan for secondary data research includes collection of data from company source. The information would also be obtained from newspaper, magazines and online database. Based on this research IMI came up with the list of question to understand the perception of consumer in fruit juice market and specially about sugarcane juice market. Then focus group discussion was made. The participants was recruited using a two stage online survey and only participants who consumed packed fruit juice on a frequent basis (three or more packs/week). Homogeneity of the group was maintained which is very important. In-depth interview was done with the regional sales manager of competitor and several retail stores manager to understand the trend of packed juice market. Roadside vendors were also interviewed to understand the customer juice consumption behaviors. So, from the above statements we can say that exploratory research made by the IMI was appropriate.