Professional Documents
Culture Documents
Rajesh Pancholi MKT
Rajesh Pancholi MKT
PROJECT REPORT
ON
SUBMITTED TO
BY
MBA (MARKETING)
(2016-2018)
Under Guidance of
Summer project was a memorable and learning experience for me. The sole efforts of
any Individual are not sufficient enough to complete the Project. The completion of a
project involves the effort and interest of many people. I would like to extend my
gratitude and thanks to all those that gave up their time, and invaluable knowledge, to
make this summer project successful.
I would like to thank our Project guide Dr. Ganesh Pathakfor providing me an
opportunity to undertake the project. I would like to take this opportunity as privilege
to articulate my de sense of gratefulness to Dr. Nitin Zaware, Director of Rajiv
Gandhi Business School, Pune-33, for his continuous encouragement and invaluable
guidance for the completion the project.
I wish to express my special thanks to all Faculties of Rajiv Gandhi Business School,
Pune 33 for their continuous support.
Place:
SR.
CHAPTER NAME PAGE NO.
NO.
INTRODUCTION TO STUDY
1.1 INTRODUCTION
The FMCG Industry in India is one of the largest in the worlds and one of the fastest
growing globally. The fast moving consumer goods (FMCG) segment is the fourth
largest sector in the Indian economy. The market size of FMCG in India is estimated
to grow from US$ 30 billion in 2011 to US$ 74 billion in 2018.
Food products are the leading segment, accounting for 43 per cent of the overall
market. Personal care (22 per cent) and fabric care (12 per cent) come next in terms of
market share. Rural areas expected to be the major driver for FMCG, as growth
continues to be high in these regions. Rural areas saw a 16 per cent, as against 12 per
cent rise in urban areas. Most companies rushed to capitalise on this, as they quickly
went about increasing direct distribution and providing better infrastructure.
Companies are also working towards creating specific products specially targeted for
the rural market Growing awareness, easier access, and changing lifestyles have been
the key growth drivers for the sector.
Parle Agro Pvt Ltd .is one of the well knowing FMCG industries in the India, Parle
Agro is having a proper management with various services provided by this
organization the organization is facing problem regarding the Customer’s satisfaction.
The some organizations have the policy of maintaining the customer’s satisfaction
with the customer to who have purchase the goods from company. Since the customer
is very important as concern to the business the customer feedback can be taken in
order to check the effectiveness of the organization in rendering the service &
satisfying the maximum customer needs. If customer’s satisfaction survey is
conducted well, it generates some useful information which can be used to deliver the
service effectively & efficiently.
Need to understand:
• Geographical Scope:
A study of consumer buying behavior if frooti special reference Parle Agro in
Pune city.
• Conceptual Scope:
The Study covers various important aspects of consumer buying behavior.
This study will provide a clear vision about consumer buying behavior about
different product and services will come to know about the scope for improvement in
after sales and services in order to attract the consumer to words Parle Agro Pvt Ltd.
From the other point of view, by the survey of Consumer Buying Behavior study will
also helpful the quality of service as well as to know the consumer’s opinion about
present services of Parle Agro.
Primary data was collected through a structured questionnaire. The Questionnaire was
distributed to consumer.
Instruments
Sampling
Data Analysis
1.8 Chapterisation
Chapter No: 5 Conclusion of Findings and Suggestion: - this chapter including finding
and suggestion based on the analysis of the data.
The decisions are also influenced by education, stage of economic development, life
style, information, size of family and host of other factors. The study of consumer
behaviour implies how and why a particular consumer or group reacts to decisions of
producers. “We define consumer behaviour as those actions directly involved in
obtaining, consuming, and disposing of products and services, including the decisions
process that proceeds and follow the action.”
According to another author the consumer behaviour is “the behaviour that consumer
display in scanning for purchasing, using, evaluating and disposing of products and
services that they expect will satisfy their needs. The study of consumer behaviour is
the study of how individuals make decisions to spend their available resources (time,
money, effort) on consumption related items. It includes the study of what they buy,
why they buy it, when they buy it, where they buy it, how often they buy it, and how
often they use it”.
In case of capital goods that is plant, equipment, machinery, buildings etc the
decisions are often based on technical advice of others. In case of industrial raw
materials the decision is influenced by supplier of equipment. Then there are purely
There are also goods like clothes which are not consumed in one go but are used for
long. The behaviour of consumers for all these products are taken on different
considerations than short term consumer goods like fruits, juices, ice-cream or milk.
The study implies study of all these behaviour and the technique of study is different
for different items.
Most authors confine consumer behaviour to consumption goods and take capital
goods only casually or do not study them at all. Their emphasis is largely on day-to-
day consumption goods which is only partial study of behaviour of consumers
because ultimately one has to take decision for purchase of capital goods also. In short
the consumer behaviour implies study of behaviour of purchaser of all goods and
services whether purely consumer goods, intermediate goods or capital goods. In
other worlds it implies study of attitude of all consumers in disposing of their
resources.
2. According to Loudon and Bitta, ‘consumer behaviour is the decision process and
physical activity, which individuals engage in when evaluating, acquiring, using or
disposing of goods and service
Further it is not confined to final users but also includes study of attitudes, of all those
who take investment decisions whether they consume themselves or buy for others. It
also includes study of behaviour of those who are consultant, advisers and give their
opinion to buy and not to buy particular thing and the study of factors which influence
their advice/opinion.
The consumer or buyer is the person or group of persons, who decide what to buy,
when to buy and what not to buy. In competitive environment one cannot thrust a
product on consumer. He has to produce what is demanded or what can be demanded.
The marketing personnel study consumer behaviour to find out what can be sold and
what goods or services are likely to be rejected.
Through the study he is motivated to buy or not to buy particular product. After study
of consumer behaviour through market research or otherwise manufacturer tries to
find out how sales can be pushed of existing products, what changes are required in
existing products, what changes are required to get larger market share.
However, there is dispute whether customer should be influenced or not and what
methods should be applied to influence him. In certain cases objectionable or wrong
statements are made to influence the consumer. For instance, producers of certain face
There are ads for removing baldness by certain oils or creams. In certain countries
there are heavy damages under the contract act or other laws to safeguard the interest
of consumers. In India there is Consumer Protection Act to safeguard consumer’s
interest.
The basic fact is that marketing personnel believe that it is legitimate socially to
influence the consumer behaviour but only objection is with regard to methods used.
For instance, the use of is objected in many countries including India but still it is
widely used in advertisements.
Group: In certain societies and tribes group decision is taken or influences the
decision. The study of consumer behaviour has proved that following are the main
factors which influence the behaviour:
1. Economic Factors:
Price
Income
Distribution of Income
Utility
Consumer preferences
2. Social Factors:
Culture
Attitude of society
Social values
Personality
Size of family
Education
Health standards
Social class like upper class, middle class-urban, rural. It also includes tribes,
professions and alike.
3. Psychology:
Climate, region, history all effect, consumer behaviour. In hot countries like India
certain products which keep us cool like squashes, sorbets are demanded but they
have no demand in cold regions. The dress is also influenced by climate along with
other factors. Culture is also influenced by climate.
5. Technology:
The consumer behaviour study in India has been ignored except by MNC’s and a few
big companies. It is because till recently say up to the beginning of 90’s there was
sellers market and anything could be sold. Therefore, hardly any attention was paid to
consumer. For instance Hindustan Motors continued to produce same car for decades
till Maruti appeared on the arena. But with the competition emerging many cars,
refrigerators, TV’s to mention a few items appeared on the scene.
This resulted into study of consumer behaviour and in future when competition is
expected to be fierce for many products and when not only American and European
producers will be on the scene but Japan and Korea are emerging big players there
will be much greater emphasis on study of consumer behaviour. The establishment of
over 700 management institutes is also helping greater use of the tool of consumer
behaviour for marketing.
The failure rate of new products is surprisingly high not only in highly competitive
economies of USA, Europe and Japan etc. but even in India. For instance, Roohafza
If one studies well what factors will influence demand of a product accordingly
production and marketing strategies can be framed. Nirma in initial stages succeeded
in its washing powder only on account of its price. It gave tough competition to
Hindustan Lever, Surf the market leader and today Nirma has become a big producer.
In food items it is taste which decides whether consumer will buy it or not. Besides
big names even small producers have succeeded because of proper product. For
instance, a small producer of Sikanji (cold drink prepared by mixing syrup and lemon)
at Modinagar has become a name in the region and now he provides franchise to
others. From a small pan shop he has become a well known name in the area of Delhi-
Modinagar and made huge profits. Helps in Sales Promotion
If through the study of consumer behaviour one is able to know correctly the factors
which influence buying decisions of the consumer one can promote sales of existing
or new product. The scheme of buying back old items has helped a lot LML in
pushing sales.
This strategy was followed, by Akai T.V. and number of other companies like Bajaj
Auto Akai. T.V. Manufacturers of diesel generator sets, refrigerators, electric iron,
pressure cookers etc. also adopted the strategy and benefited.
Similarly, introduction of small packs of shampoos, washing powder and pan masala
etc has helped the companies to expand their market. “When producers found that
even a poor person does not mind trying a new costly product if it is available in
affordable price pack many companies introduced such packaging and when the
product was liked they became regular customers.
The study of consumer behaviour suggested that everyone does not buy on price
consideration or utility consideration only. For high income group’s high priced cloth,
cars, etc have been produced. In certain cases the price of such cloth is three to eight
times of normal suiting price but some section still buy it for prestige or show.
The producers of such items make heavy profits which would not have been possible
without study of consumer behaviour because it is against basic economic theory.
Even some producers to cater different segments produce varieties of products such as
soaps, creams, toothpastes etc.
Before launching a new product proper study of consumer tastes i.e. behaviour avoids
later failure and loss. This is particularly true for food items and daily consumption
products. It is equally true for fashion goods like garments, cosmetics, cigarettes and
new flavours of existing products. In certain cases if a product is reintroduced after a
long gap this type of study helps.
For instance, Coca-Cola was banned in India in 1977 and consumers by and large
forget its taste and liking. Thumps up and other drinks took its place. When Coca-
Cola was reintroduced in 90’s it could as yet not reach the same supremacy. Life
Bouy re-oriented its product and produced different items like Life Bouy Gold, Life
Bouy Plus to meet demand of different consumers.
The study of consumer behaviour helps to find-out why consumers are drifting away
from a product or why they do not like it. For instance, some of Indian toothpastes are
being produced for long like Neem but it could not capture the market. There are
many other instances when a new product has been developed or reoriented to again
capture its old glorious position.
Those who do it scientifically succeed and others who do not study consumer
behaviour properly or do not orient loose the market, merely by pretty faces or fancy
claims he wants to be assured that what is claimed is really true.
A great deal of importance is being given to packaging for quite some time by
marketing department and market research. But whether a particular packaging is
liked by consumers or not is a recent phenomenon. Consumer if likes a packing helps
in pushing sales.
Producers of Vanaspati (hydrogenated oil), milk, drinks items, etc. have developed
utility packaging so that once container becomes empty they can be used for refilling.
In certain cases this fact is advertised also. But in many cases this has been done
without study of consumer behaviour and his attraction or disliking of a particular
packaging. The fact however remains that proper study can help in pushing sales.
The consumers often are guided by their income, emotions, opinion of others and they
do not undertake study of their behaviour whether it is scientific or not. The science,
however, can help them to study cost benefit of their buying decisions. The study can
reveal them whether buying an expansive item is rational, or not.
Whether they should buy Rs. 2 ball pen or fancy pen costing Rs. 100 or more.
Whether they should decide in favour of expensive cloth, car, consumer durables and
other fashion goods or should they buy on utility consideration. If there are
competitive goods it can help them to make consumer preference chart and then
decide what to buy immediately and what to postpone and what should be rejected.
The marketers study the behaviour of consumer to mold it in favour of their product
and sometimes make fancy claims and use objectionable techniques. They also take
the help to produce and market such products which have no utility. In many cases
Producers of medicines claim cure of certain diseases. Producers of hair oils claim
that it will stop falling of hairs and/or new hairs will start growing. Slim centres claim
to reduce weight in magic speedy manner. Someone claims that baldness can be cured
by replanting of new hairs in short period. Someone claims regeneration of vitality
even in old person.
Any number of examples can be given but such claims sometimes even by big
companies are only partially true. High priced products are introduced to take
advantage of consumer’s weakness just by changing shape, packing etc. Customers
are attracted by gifts, lotteries, exchange schemes, etc.
In such cases often claims are exaggerated and benefits in the form of sales promotion
scheme is only to seller and not to buyer. The government in most of the countries has
found that though consumer is the king he is exploited. Hence most of countries have
framed and enacted many acts and regulations to safe guard the interest of consumers.
In India also there are a large number of laws in this direction like Monopoly and
Restrictive Trade Practices Act (MRTP)., Essential Commodities Act., Consumer
Protection Act, compulsory printing of maximum retail price on each packing,
weights and Measures Act and Code of Advertising.
Conclusion:
The study of consumer behaviour basically is to mold consumer behaviour and his
decisions by market man and to avoid failure of their product, promote new products
and for sales promotion. The science at times is misused and to protect consumers
there are a number of enactments both in India and other countries. Actually
The rich rural consumers may think twice to spend on luxuries despite having
sufficient funds, whereas the urban consumers may even take bank loans to buy
luxury items such as cars and household appliances. The consumer behaviour may
also varies across the states, regions and countries. It may differ depending on the
upbringing, lifestyles and level of development.
d. Packaging
e. Positioning
f. Place of distribution
9. Reflects status:
The consumer behaviour is not only influenced by the status of a consumer, but it also
reflects it. The consumers who own luxury cars, watches and other items are
considered belonging to a higher status. The luxury items also give a sense of pride to
the owners.
1) Increase revenue – The importance of consumer buying behaviour lies in the fact,
that we can improve our sales figures when we study the customers. We can alter the
way we sell our products depending on the ways that customers buy them.
2) Brand equity – Why are brand restructuring or image restructuring exercises done
in top companies? It is with consumer insight that the brand decides it needs to
4) Market trends – As the market trend shifts, a consumer analysis will be the first
indicator of the same. The recent shift towards environment friendliness and health
food is a trend observed even by the likes of McDonalds who are bringing healthier
food to their calorie loaded menu.
5) Segmentation and targeting – Your current customers are a clear indication of who
your future customers are going to be. If my current customers are 50% impulsive,
then the future customers too will be impulsive. If BMW’s current customers are with
an income of above 40 lakhs a year, then its future customers will also be with the
same income. Segmentation and targeting becomes easier when you are observing
consumer behaviour.
Wants are unlimited and the resources to satisfy these wants are limited. So the
consumers think rationally before buying any product. Buying toothpaste is totally
different from buying a luxury car. The more expensive the good is the more
information is required by the consumer. There are four types of consumer buying
behaviour on the basis of buyer involvement while purchasing any product.
Significant
differences Complex buying Variety seeking
between behavior (motor behavior (washing
brands cycle ) detergent)
Few Dissonance
differences buying
between behavior (floor Habitual buying
brands tiles) behavior (toothpaste)
High involvement: - the term means when the consumer is highly involved while
buying a product. Generally this situation happens in case of expensive or luxuries
goods. Like while buying a diamond necklace a consumer is highly involved.
Low involvement: - this term means when the consumer is not highly involved while
buying a product. It happens in case of low price goods. Like while buying toothpaste
a consumer is not highly involved.
Significant differences between brands: - it means when there are significant
differences between brands.
Few differences between brands: - it means when there are very little differences
between brands.
1) Complex buying behaviour: - When the consumer is highly involved in the
buying and there is significant differences between brands then it is called complex
buying behaviour. So in this case the consumer must collect proper information about
the product features and the marketer must provide detailed information regarding the
product attributes. For e.g. Consumer while buying a motor cycle is highly involved in
the purchase and has the knowledge about significant differences brands.
2) Variety seeking behaviour:-In this case consumer involvement is low while
buying the product but there are significant differences between brands. Consumers
generally buy different products not due to dissatisfaction from the earlier product but
due to seek variety. Like every time they buy different washing detergent just for
ORGANIZATIONAL PROFILE
3.1 INTRODUCTION
Parle Agro is an Indian private limited company that owns Frooti, Appy, LMN, Hippo
and Bailley brands.
Several Parle soda brands including Citra, Thumbs up, Maaza, Limca and Gold
Spot were sold to Coca-Cola in 1993 for a reported $40 million. At the time of sale,
the Parle brands together had a 60% market share in the industry. The brand was
strong in South India. Citra was phased out by 2000 to make way for Coke's
international brand, Sprite
We are the largest Indian food and Beverage Company. With brands that have won
the hearts of consumers everywhere, we are in almost every home across the length
and breadth of India. Generally people who can afford to services provided here are
from middle class, upper class and higher class are frequently shop over to frooti.
Be it Frooti, India's first mango drink in a tetra pack, or Appy, India's first ever apple
drink, or Appy Fizz, the country's first sparkling apple drink, our beverages have, over
the decades, acquired iconic stature in one of the most competitive markets in the
world. Our latest beverage brand, Café Cuba, the carbonated coffee soft drink,
and Frio, a range of deliciously flavoured aerated drinks, have already made a grand
entry within the few months of their launch. At Parle Agro, it's not just about the
business. It's how we go about it. It's about the people. It's about the culture and
ethics. It's also about sustainability and social responsibility. Our philosophy is built
around our need to lead, our need to innovate, and our need to make the world a better
place with a little contribution from us.
Parle Agro is an office shoot of Parle Products, which was founded in 1929 in British
India. It was owned by the Chauhan family of Vile Parle, Mumbai. The original Parle
Company was split into three separate companies owned by the different factions of
the original Chauhan family: Parle Products, led by Vijay, Sharad and Raj Chauhan
(owner of the brands Parle-G, Melody, Mango Bite, Poppins, Kismi Toffee Bar,
Monaco and Krack Jack)
Parle Agro, led by Prakash Chauhan and his daughters. (owner of the brands such
as Frooti and Appy)
Parle Bisleri, led by Ramesh Chauhan
All three companies continue to use the family trademark name "Parle".
Parle Agro commenced operations in 1984. It started with beverages, and later
diversified into bottled water (1993), plastic packaging (1996) and confectionery
(2007). Frooti, the first product rolled out of Parle Agro in 1985, became the largest
selling mango drink in India.
The original Parle group was amicably segregated into three non-competing
businesses. But a dispute over the use of "Parle" brand arose, when Parle Agro
diversified into the confectionery business, thus becoming a competitor to Parle
Products. In February 2008, Parle Products sued Parle Agro for using the brand Parle
for competing confectionery products. Later, Parle Agro launched its confectionery
products under a new design which did not include the Parle brand name.
Parle Agro Pvt. Ltd operates under three major business verticals:
Parle Agro also diversified into production of PET performs (semi-finished bottles) in
1996. Its customers include companies in the beverages, edible oil, confectionery and
pharmaceutical segments.
Founded 1984
Office Address
B.Our Vision:
"To be the leaders in our Business. We will stand apart from the competition by being
the first in the market to innovate."
C.Our Mission:
"We will be the leaders in our business by - maintaining high quality, introducing new
and innovative products, reaching every part of India, remaining customer-centric,
constantly upgrading our knowledge and skills."
Beverages
Frooti
A clear lemon and lime flavored soda sold in India in the 1980s and early '90s.
Launched in 1985, Frooti was India's only beverage sold in a Tetra
Pak packaging at the time. It went on to become the largest
selling Mango drink in the country. Frooti's website has some Frooti mock
tail recipes on their website.
launched in Ind.
Appy Fizz
Launched in 2005, Appy Fizz is India’s first sparkling apple drink available in
a champagne shaped PET bottle.
LMN
LMN was launched in March 2009, as non-carbonated lemon drink
(nimbupaani or lemonade)
Grappo Fizz
Launched in 2008, Grappo Fizz is a sparkling grape juice drink. Credited with
creating the sparkling fruit drinks category in India, Grappo Fizz is along the
lines of existing product Appy Fizz.
Cafe Cuba
Launched in 19 May 2013. It's a new product & first of its kind Cafe Cuba is a
carbonated Cuban coffee, more of a bottled Espresso.
Flavors : Strong Coffee with little sugar, Helps to activate your energy levels
up high.
Water
Confectionary
Snacks
The Parle Agro group which expects to see a growth of 40-45 per cent, this
year, has clearly got its growth plans laid out. The last year saw an aggressive
push for its popular brand Frooti with a new identity and visual language.
The goal of making the Food and Beverage (F&B) company a Rs 5,000-crore
entity by 2018 and the number one beverage company in India.
Started a new plan DHANA LAKSHAMI YOJANA for employs under this
plan give
4.1 Introduction
This chapter deals with data analysis and interpretation about buying behaviour of
consumer problems and expectation from Parle Agro Pvt.Ltd
Data has been collected with the help of schedule and classified using tables and
analysed with the help of buying tools.
For the purpose of analysis, researcher has used various statistical tools via
percentage, graphs, weighted average etc.
Following table shows opinion of customers about liking and disliking of mango
drink. Research has asked question to respondent in nominal scale.
Liking
No, 4
Yes
No
Yes, 66
Above chart shows the liking and disliking of mango drink. It shows that 94% of
people are likes mango drink and remaining 6% of people does not like mango drink.
Consumption
maza slice frooti real none
4% 6% 17%
13%
60%
Above chart shows that 17% of people are consume Maaza drink, 13% of people are
consume slice, 60% of people are consume frooti, 4% of people are consume real
mango drink and 6% of people are consume none of the mango drink.
1 Yes 68 97%
2 No 2 3%
No
3%
Yes
97%
Above chart shows that 97% of people are said that they are aware about frooti and
Parle Agro product and remaining 3% of people are said that they are not aware about
frooti and Parle Agro product.
21% 21%
29%
29%
Above chart shows that 21% of people are said that price of frooti is high than other
product, 29% of people are said that price of frooti is average with compare to other
product, 29% of people are said that price of frooti is same as compare to other
product, and remaining 21% of people are said that price of frooti is low than other
product.
4 Can 8 9%
Source: Primary Data
18%
56%
17%
Above chart shows that 56% of people are buy frooti in tetra pack, 17% of people are
buy frooti in pet battle, 18% of people are buy frooti in edge pack and 9% of people
are buy frooti in can.
1 Summer 30 43%
2 Winter 10 14%
3 Rainy 10 14%
29%
43%
summer
Winter
Rainy
Through year
14%
14%
Above Chart shows that the 43% of sample are consume frooti in summer,14% of
sample are consume frooti in winter,14% of sample are consume frooti in rainy
season and remaining 29% of sample are consume frooti through year.
Following table shows that problem faced by consumer after purchasing frooti
3 Other 3 4.28%
4 None 62 88.57%
Source: Primary Data
89%
Above Chart shows that 2.85% of respondent are face the problem of spoilage, 4.28%
of respondent are face the problem of leakage, 4.28% of respondent are face other
problem and 88.57% of respondent are do not face any problem.
Following table shows that consumer gets proper service from retailer.
Yes
No
87%
Above Chart show that 87% of people they get proper service from retailer and
remaining 13% of people are said that they do not get proper service.
Following table shows that how many consumers communicate their complaints to
retailer.
1 Yes 62 88%
2 No 8 12%
Source: Primary Data
12%
yes
no
88%
Above chart shows that 88% of people are communicate their complaints with retailer
and 12% of people are said that they communicate their complaints with retailer.
1 Never 61 87%
2 Some Time 6 9%
3 Frequently 3 4%
87%
Above Chart shows that 87% of people are said that he never find any impurities in
frooti,9% of people are said that they find impurities in some time, and remaining 4%
of people said that they find frequently impurities in frooti.
1 Excellent 21 30%
2 Good 31 44%
3 Average 9 13%
4 Bad 9 13%
13%
30%
13%
Excellent
Good
Average
Bad
44%
From Chart shows the 30% of people are said that frooti is excellent brand,44% of
people are said that frooti is good brand, 13% of people are said that frooti is average
brand and remain 13% of people are said that frooti is bad brand.
2 No 51 72%
28%
yes
no
72%
Above Chart shows that 28% of respondent are said that advertisement influence to
buy frooti and 72% of respondent are said that advertisement do not influence to buy
frooti.
30%
33%
37%
Above chart shows that 33% of respondent are buy frooti regular, 37% of respondent
are buy frooti sometime and 30% of respondent are buy frooti rarely.
Following table show that plane where Consumer usually buys frooti
30%
33%
37%
Above chart shows that 24% of respondent are buy frooti in supermarket, 42% of
respondent are buy frooti in retail store, 21% of respondent are buy frooti from
convenient store and 13% of respondent are buy frooti from other store.
5.1 Introduction
5.2Findings
Consumer and retailer feedback system can help solving their problem and
satisfying them.
Company should improve relation with retailer to solve their problem.
Almost 3% consumer are not aware about frooti brand and Parle Agro other
product so company should improve awareness of this brand.
Company should try to provide more discount, offer, and credit facilities to
retailer those are getting more / in bulk order of frooti.
From the survey conducted it is observed that frooti has a good market share.
From the study conducted the following conclusions can be drawn. In order
the dreams comes into reality and for turning liabilities into assets one must
have to meet the needs of the customers.
The factors considered by the customer before purchasing frooti are freshness,
taste, thickness and availability.
Researcher conclude that, majority of the customers are satisfied with the
frooti and Parle Agro products because of its good quality, reputation, easy
availabilities. Some customers are not satisfied with the frooti because of high
price, lack of dealer services, spoilage and low shelf life etc. therefore, if slight
modification in the marketing programmed such as dealers and outlets,
promotion programmers, product lines etc., definitely company can be as a
strong market leader.
Frooti has also to take care of its competitors into consideration and more
importantly its customers before making any move.
The company therefore must do a review of their marketing program elements
related to their Products, Channels of distribution, and Prices of certain
products as well as renew their promotional efforts.
Name:-___________________________________________
Address:-________________________________
________________________________________________________
4) What do you think about the price of frooti brand compared to other
brand?
a) High
b) Average
c) Same
MARKETING MANAGEMENT
-Philip Kotler
WEBSITE:
www.parleagro.com
www.googal.com