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A Study On Brand Awareness With Special Reference To Sna Oushadhasala Pvt. Ltd. Thrissur
A Study On Brand Awareness With Special Reference To Sna Oushadhasala Pvt. Ltd. Thrissur
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A STUDY ON BRAND AWARENESS WITH SPECIAL
REFERENCE TO SNA OUSHADHASALA PVT. LTD. THRISSUR
Submitted to
School of distance education
University of Calicut
BACHELOR OF COMMERCE
Submitted by
JISHNUDAS T.M
REG.NO : EKARBCM200
2015 – 2018
DECLARATION
First of all, I am thankful to God almighty for all this blessing throughout
my life with a light and that helped me to do this project in a better manner.
JISHNUDAS T.M
LIST OF CONTENTS
1 INTRODUCTION
1.1 Introduction
1.2 Scope of the study
1.3 Objectives of the study
1.4 Significance of the study
1.5 Research methodology
1.6 limitations of the study
2 Review of Literature
3 Industry profile
3.9 Profile
5.2 Suggestions
5.3 Conclusion
APPENDIX OR ANNEXURE
BIBLIOGRAPHY
LIST OF TABLES
LIST OF DIAGRAMS
INTRODUCTION
1.1 INTRODUCTION
1
Simply branding means it is the practice of giving a specified name or mark to a
product or group of products of one seller.
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1.4 SIGNIFICANCE OF THE STUDY
To evaluate the facilities are provided by the organization for the potential
consumers.
To know the qualities of brand and its uses.
To compare a brand awareness of their competitive products.
RESEARCH DESIGN
SOURCE OF INFORMATION
PRIMARY DATA
SECONDARY DATA
The secondary data was collected from various books, journals and
websites
3
SAMPLE UNIT
SAMPLE FRAME
SAMPLE SIZE
Random sampling was applied to select the sample units. The sample size
was confined to 100. This is constructed by consumers from Trichur area as preferred
by SNA Oushadhasala.
PERIOD OF STUDY
This study carried out for a period of 21 days in the month of February, 2018
RESEARCH INSTRUMENT
DATA ANALYSIS
For the purpose of data analysis tables and diagrams are used. First the
corrected data is arranged in the form of the table and create the diagrams or charts.
The time duration is limited to 3 weeks only and this period is insufficient
to collect more details of study.
The study was limited to Trichur city.
4
Personal bias and prejudice of the respondent could have affected the result
of the study. Some respondents were unwilling to give any response.
This study is an academic effort and so is limited by the cost and coverage.
For primary data, It is very difficult to get appointment with managers
because of their busy schedule.
Lack of education among respondents.
Some Respondents were unwilling to give any response.
5
CHAPTER-2
REVIEW OF LITERATURE
REVIEW OF LITERATURE
Today the primary capital of many businesses is their brands. For decades
the value of a company was measured in terms of its real estate, then tangible assets,
plant and equipment.
However it has recently been recognized that company’s real value lies
outside business itself, in the minds of potential buyers or consumers. Brand
awareness is the extent to which the consumer associates the brand with the product
he desires to buy.
Kapferer, 1986: “A brand is both tangible and intangible practical and symbolic,
visible and invisible under conditions that are economically viable for the company”.
Farquhar,1989 told that, “Building a strong brand within consumers’ minds means
creating a positive brand evaluation, an accessible brand attitude, actually referring to
what the others term as awareness”
According to Manohar David of Philips (Director and senior vice president, Philips
India Ltd.1996), a challenge loving, risk taking brand manager who retired after 31
year marketing career with Philips, and reasonable for its brand success has to say;
“In 1970’s products were made from the manufacturing rather than the customer
point of view. But with the focus shifted to the consumer, marketing has assumed a
much larger role”.
Kotler, 2000: “The name associated with one or more items in the product line,
which is used to identify the source of character of the item(s)”.
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Aaker and Joachimsthaler, 2000: As the brand was only part of the product, the
communication strategy worked towards exposing the brand and creating a brand
image. Within the traditional branding model, the goal was to build a brand image”.
Chaudhuri and Holbrook, 2001, found that “Brand awareness and brand image to
be ascendant to brand satisfaction and brand trust. That is, both brand satisfaction and
brand trust require brand knowledge; unless a consumer has a representation of the
brand in memory including awareness and a positive image he or she cannot be
satisfied by the brand or trust the brand”.
Chen, 2001: said that “A different thought on brand awareness that it was a necessary
asset but not sufficient for building strong brand equity. In this view, a brand could be
well known because it had bad quality”.
Keller, 2003: Whenever a marketer creates a new name, logo or symbol for a new
product. He or she has created a brand. He recognizes, however that brands today are
much more than that.
Nanda Gopal and chinnaiyan, 2003 added that “The level of awareness among the
rural consumers about the brand of soft drinks was high which was indicated by the
mode of purchase of the soft drinks by “Brand name”. The major source of brand
awareness was word of mouth followed by an advertisements, family members,
relatives and friends”.
Roberts, 2004, Fournier, 1998, muniz and schau 2005: More importantly, an
intimate rapport may be developed between the consumer and their brands
Elliot and Elliot, 2007: A strong brand also affects a company’s financial bottom
line directly in case of a merge or acquisition because buyers are usually required to
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pay an extra cost over the fair value of the firm. This result on a positive (ie,
intangible asset) which will be booked on the balance sheet.
Pennington and Ball, 2007 told that, “The process in which a customer, define, label
and seek to purchase a subset of an otherwise undifferentiated or unbranded product”.
The American Marketing Association defines the term “Brand” As “a name, term,
symbol or design or a combination of them, which is intended to signify the goods or
services of one seller or group of sellers and to differentiate them from those of
competitors.
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CHAPTER-3
INDUSTRY PROFILE
INDUSTRY PROFILE
Ayurvedha is a complete or holistic system that integrates the mind, body and
spirit. “Hitahitam sukham dukham aayus tasya hitahitam maanam cha tat cha
yatroktam aayurvedha sa uchyate”-Charaka. It means that Ayurvedha is a science,
which describes the beneficial (hita) and non-beneficial (ahita) aspects of life, the
happiness and pain in life, their quality and quantity. The word Ayurvedha is
derived from the Sanskrit word ‘ayuh’ means life and ‘veda’ means knowledge.
Hence Ayurvedha is called the ‘Science of life’. Hindu Vedas consider Ayurvedha
as a gift of God to mankind which was communicated to the saints and sages of
India through deep meditation.
The true history of Ayurvedha starts from the time of Holy books, the Vedas.
Ancient mythology contends that the concept and essence of Ayurvedha was
revealed by the creator of the world himself –Lord Brahma. There are four main
Vedas such as Rigveda, Yajurveda, Samaveda, Atharvaveda. These Vedas are the
knowledge of universal consciousness, which comprises Anadi, Sanaathana,
Ananta. Veda Vyasa, one of the greatest sages of India is considered to have
written the Vedas for the first time. These Vedas have topics on health and the use
of various herbs to cure the diseases.
Around 1500 B.C. the use of Ayurvedha increased for treating various diseases
and it was divided into eight specific branches of medicine. In addition Atreya-
the school of physicians and dhanvantri-the school of surgeons originated. The
Chinese, Tibetans, Greeks, Romans, Egyptians,
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Afghanistanis, and Persians came to India to learn Ayurvedhic principles of
healing and treatment. Ayurvedhic texts were translated in Arabic and these werw
used by physicians such as Avicenna and Razi Semption, to establish Islamic
medicine. Besides this, Ayurvedha became popular in Europe as well and it
formed the foundation of the European tradition in medicine (1600AD) has also
adopted from Ayurvedha.
In the past few centuries Ayurvedha went through a period of decline in India
specifically during the period of British rule. During this period it became the
second option for treatment used mostly by traditional spiritual practitioners and
the poor. After independence, Ayurvedha started to gain importance again and
several schools have been established since then. Ayurvedha is based on the
fundamental principle that to prevent and treat illness, maintaining a balance in the
body, mind, and consciousness through proper drinking, diet, and lifestyle, as well
as herbal remedies is essential. Even today Ayurvedhic medicine maintains its
holistic approach to health and treatment of diseases.
There are three main ayurvedhic texts-Charaka Samhita, Sushrut Samhita and
Ashtanga Hridaya Samhita. Sushrut Samhita, the most authentic compilation of
Sushruta’s teaching contains 184 chapters and description of 1120 illnesses, 700
medicinal plants, 64 preparations from mineral sources and 57 preparations based
on animal sources. Charaka Samhita, written by Charaka is arguably the principal
classis reference. It gives emphasis to the triune nature of each person: body care,
mental regulation, and spiritual/consciousness refinement. The third major
disquisition is called, Ashtanga Hridaya, which is a concise version of the work of
Charaka and Sushruta.
Since the mid 70’s the popularity of Ayurvedha has steadily increased in the
developed nations like USA and Europe. As the numbers of scholars continues to
grow throughout India and across the globe the popularity of Ayurvedha and
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respect for this ancient healing system once again shines like a beacon for the
benefit of generations to come. The production and marketing of ayurvedhic
herbal medicines has dramatically increased, as well as scientific documentation
of benefits. Today ayurvedhic medicines are available throughout the world.
EVOLUTION OF AYURVEDA
Ayurvedha as science, developed in Kerala, during the age of Sanskrit. There has
been difference of opinion regarding the emergence of Ayurvedha in Kerala. It
was on 5th,6th, or 7th century AD that Sanskrit began to make influence on the
culture of Kerala even before the Ayurvedhic grand has would have propagated
Kerala had a medical science of her own.
FEATURES OF AYURVEDHA
AIMS OF AYURVEDHA
Marketing a natural way to refresh oneself by eliminating toxic substances from the
body and thus regaining resistance and good health is the aim of Ayurvedha.
According to the Ayurvedha the living body is composed of 5 basic elemental
substances, i.e. panchabhothika principle via thejus, vayu, prithvy, jalam,akasham.
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One of the oldest systems of Ayurvedha has now become an indispensible branch of
medicine that depends upon diagnosis of vatha, pithe and kapha to achieve the right
balance at the body.
The gross structure of the body is constituted by kapha fraction of this set up in the
total body composition the entire physcio-chemical phenomenon including the bio-
medical and metabolic and endocrine function is attributed to pitha, vatha and is
responsible for the physical adversity or motion in the living body.
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Dhathri
Sitaram Ayurvedha pharmacy
Nupal
COMPANY PROFILE
3.4 INTRODUCTION
SNA Oushdhasala, Thrissur commenced its journey way back in 1920. This is
celebrating this year, its 92th year of devoted services to the society. It was
Ashtavaidya Thrissur Thaikkat Unni Mooss who established this institution at
Kizhakkumpattukara, at his own residence, in a simple way. Being an Ayurvedhic
medical practitioner he wanted to prepare some of the medicines himself, so that the
patients are benefited from it. In those days it was only a service without expecting
any returns. Thrissur Thaikattu Illom is one among the famous Ashtavaidhya
Families in Kerala, whose contribution to the Ayurvedha system of medicine is
unquestionable. There were 18 such families in Kerala, originally. At present only 7
families remain and only 5 of them are in the Ayurvedha field. Now this firm is
located at Moospet Road, East Fort, Thrissur.
12
Ashtavaidhyans are believed to be the traditional ayurvedic physicians of Kerala
and are from Namboothiri community. They are masters of the 8 branches of
medicine from which the world Ashtavaidyan is originated. They wrote several books
incorporated their observations and clinical experience such as chikista manjari,
yogamithram, sindoora manjari and kairaly commentary on Ashtanga hridayam etc.
Together with the traditional quality checking, the modern quality control
techniques are also guaranteed at S.N.A. four hundred and odd medicines
manufactured, following all prescribed norms under the GMP regulations, are
distributed through agencies numbering more than five hundred within and outside
Kerala. These medicines are exported to countries such as USA, European Countries,
Russia, Gulf Countries etc. two manufacturing units, one at the HQ at
Kizhakkumpattukara and the other at Arimbur , function presently to cope up with
the demand.
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Several Programmes including academic seniors have been planned as part of one
year long 90th year celebrations of SNA Oushdhasala. As a special collaborative
project an E-seminar programme has been taken up with Equals International of
Australia. Students in Ayurvedha from Italy do visit SNA almost every year in order
to undergo training in panchakarma. SNA is marching forward with a mission of
achieving “Loka Samastha Sukhino Bhavanthu” means let everybody feel good.
Manufacturing department
Finance department
Human resource department
Marketing department
Sales department
SHARE CAPITAL
14
The authorized share capital of the firm is 1000000 divided into 1000 each
subject to be increased from time to time in accordance with regulations of the firm
and legislative provision for the time being in force. The liability of the members is
limited.
15
SOME PRODUCTS OF S.N.A OUSHADHASALA
Asavas or Arishtas
Medicated oils
Kwadha
Lehyams or Rasayanams
Tablets
a. Agastya Rasayanam
b. Ashwagandhaarishtam
c. Dashmoolaarishtam
d. Gulgulupanchapala choornam
e. Dadeemaadi Ghrutam
f. Kachooraadi Choornam
g. Dashamoolarasnaadi Kashayam
h. Tiktakam Kashayam
16
17
3.8 WEAKNESS OF S.N.A
18
3.9 PROFILE
19
Malaysia, Saudi, Russia, Khasakisthan, Ireland, Singapore, Kenya,
Australia, & USA and products are exported to those places from
S.N.A.
20
3.10 AUTHORITY FLOW OF THE COMPANY
CHAIRMAN
COUNTRY HEAD
DEPARTMENT MANAGER
ASSOCIATE MANAGERS
FLOOR EMPLOYEES
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CHAPTER-4
DATA ANALYSIS
DATA ANALYSIS AND INTERPRETATION
Male 56 56%
Female 44 44%
No of repondents
44%
male
female
56%
Interpretation:
Above table and chart shows that 56% of respondents are male and only
44% are female i.e. most of the respondents are male.
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Table: 2 Types of treatment of respondent
Ayurvedha 30 30%
Allopathic 35 35%
Homeopathy 25 25%
Other 10 10%
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80
70
60
50
40 Percentage
No of respondents
30
20
10
0
Ayuvedha Alloppathy Homeopathy others
Interpretation:
29
Highly satisfied 25 25%
Satisfied 45 45%
No opinion 20 20%
Dissatisfied 6 6%
Highly Dissatisfied 4 4%
50
45
40
35
30 Highly satisfied
25 Satisfied
No opinion
20
Dissatisfied
15
Highly Dissatisfied
10
0
Highly Satisfied No opinion Dissatisfied Highly
satisfied Dissatisfied
Interpretation:
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Table: 4 Different ways of awareness about S.N.A products
Friends 22 22%
Doctors 14 14%
Advertisement 19 19%
Other 15 15%
35
30
25
20
Friends
15 Doctors
Word of Mouth
10
Advertisement
5 Other
Interpretation:
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This reveals that 22% respondents are aware about S.N.A products through
their friends, 14% are through by doctors, but 30% are aware through word of mouth
& 19% are knowing from advertisements, remaining 15% are aware through other
sources.
Branch 38 38%
Agency 20 20%
Dealers 24 24%
Other 18 18%
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Branch
Branch
Agency
Dealers
Other
Interpretation:
This pie chart shows that most of respondents are purchase S.N.A products
trough branches, i.e. 38%, 20%, are through agents, 24% are through different dealers
& remaining 18% of respondents are through others.
High 30 30%
Medium 26 26%
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Low 7 7%
Very low 6 6%
45
40
35
30
25
20
15
10
0
Very High High Medium Low Very low
Interpretation:
This charts reveals that different levels of recalling of S.N.A products among
customers. Out of 100, 41% & 30% of respondents are very high & high level of
recalling of products respectively. 26% are medium level of recalled. But 7% & 6%
are in low & very low level of recalling of S.N.A products respectively.
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Table: 7 Brand preference of S.N.A
S.N.A 40 40%
Oushadhi 20 20%
Kottakkal 30 30%
Nagarjuna 8 8%
Others 2 2%
45
40
35
30
S.N.A
25 Oushadhi
Kottakkal
20
Nagarjuna
15 Others
10
0
S.N.A Oushadhi Kottakkal Nagarjuna Others
Interpretation:
35
In the above table and chart it is clear that 40% respondents are more
preferring brand S.N.A. 20% are prefer Oushadhi, 30% are prefer Kottakkal &
8% are prefer Nagarjuna, and only 2% are prefer other brand, i.e. most of them are
prefer S.N.A products.
CHAPTER-5
36
5.1 FINDINGS
37
While considering different levels of recalling of S.N.A products among
customers, out of 100, 41% & 30% of respondents are very high and high
level of recalling of products respectively. 26% are medium level of
recalled. But 7% and 6% are in low and very low level of recalling of S.N.A
products respectively.
It indicates 56% of male respondents are choose S.N.A products and only
44% of female prefer S.N.A products. It indicates the usage of S.N.A
products is higher than female respondents compare with male respondents.
That means S.N.A products demand is high in male respondents.
It reveals that, most of customers are selecting S.N.A products on the basis
of quality, quantity, package from other competitors. In the case of other
brands like Kottakkal, Nagarjuna, they are more concentrated on prices of
products rather than quality of products. So S.N.A also gives more
importance for customer satisfaction.
5.2 SUGGESTIONS
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The firm should keep good communication between firm and customer as
well as employer and employee. And must focus on customer feedback,
which results in customer satisfaction and it lead to recommend product.
Service and product quality can be increased. In local market S.N.A has
share compared to competitors like oushadhi, vaidhyarathnam, etc. the
reason for that is in earlier period, S.N.A focused on exporting the products.
When they returned to the local market, there is cut-throat competition.
The distribution system which the company following is the direct
marketing through dealers. If the company opens more retail outlets, it
helps the customers to get the products more easily as well as company can
increase their sales also. And they can retain the existing customers.
5.3 CONCLUSION
Customer is the king of market without crown. Without them a firm can neither
survive nor thrive. The main purpose of an organization is to satisfy consumers’
needs and wants. In fact brand is the basis of consumer relationship. It brings
consumers and firm more closely. Building brand awareness in the mind of our
39
consumers is a shortcut to computing their attention. But it is not an easy task.
Why because brand awareness has influence the buying behavior of a buyer.
Most of the respondents under this study, i.e. more than 85% are aware about
S.N.A products in terms of quality, availability, etc. Only 15% are not aware
about brand name of S.N.A mainly due to lack of effective promotional
techniques, ineffective advertisement policies etc.
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APPENDIX
41
QUESTIONNAIRE
1. Name:
2. Address:
4. Age:
5. Occupation:
6. Monthly Income:
Below 5000
5000-8000
8000-15000
Above 15000
Ayurvedha
42
Allopathic
Homeopathy
Other
S.N.A Nagarjuna
Oushadhi Kottakkal
Advertisement Others
Branch Agency
Dealer Other
43
Very high High Medium
13. Compared with other brands, that are available would you say that
S.N.A products are,
44
BIBLIOGRAPHY
BIBLIOGRAPHY
Website
http//www.thaikkattumoos.com
http//www.ayurveda.com
http//www.goindia.about.com
http//www.medindia.net/ayurveda/index.asp
http//www.kerala tourism.org/ayurveda/.pdf
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