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Satisfaction Level of The Retailers and Perception of Customers About Red Label Dust Tea
Satisfaction Level of The Retailers and Perception of Customers About Red Label Dust Tea
Presented by,
Subhransu Sekhar Acharya
MBA, RCMA, Bhubaneswar
Roll No: 0906247033
PRODUCT PROFILE
Red Label Dust is a brand extension of the original Red label Leaf
Variant. This is targeted to those customers who prefer dust tea. The
product has the following features which differentiates it from the
competitors.
Brought by Broke Bond’s Blending
expertise.
Juicy leaves for the unique rich
color.
Medium sized grains for the correct
strength.
Top leaves for the irresistible
aroma.
Punch Line:
In the perfect proportion to give that unmatchable taste in every single cup.
OBJECTIVE OF THE STUDY
1. To measure the level of satisfaction and explore different
factors of satisfaction of retailers.
2. To explore the level of awareness among the customers
and reach of the promotional campaign.
3. To make a comparative analysis between Red Label Dust
Tea and its competitors, especially Tata Tea Dust which is
the market leader in dust tea segment.
4. To find out the factors that gives the market leader an
edge over the product under consideration.
5. To understand the challenges faced by a newly launched
product, more importantly, in the case of brand extension.
6. To find out different ways to penetrate into the market
leaded by a product that has turned into a Generic Brand.
RESEARCH METHODOLOGY
Type of Research: Descriptive Research
It is also known as statistical research that describes data and
characteristics about the population or phenomenon being studied.
Descriptive research answers the questions who, what, where, when
and how.
Research Approach
Personal interview, questionnaire method.
Sampling Area
Bhubaneswar and its nearby regions.
Sample size
100 retailers and 100 customers
Sampling Technique
Probability- Simple random Sampling.
COLLECTION OF DATA
Primary Data I. Closed-end questions
II. Open-ended questions
Secondary Data: I. Company records
II. Previous research reports
III. Government records
IV. Internet
Research Instrument:
Two sets of structured questionnaire.
Statistical Tools:
Percentage method, Chi square Test, bar diagrams and pie diagrams.
HYPOTHESIS
Null Hypothesis:
Alternative Hypothesis:
86
14
Brand Name
50%
REASONS FOR NON-AVAILABILITY
Less Demand
64%
QUANTITY OF RED LABEL DUST SOLD FOR EVERY 10KG
SALE OF TATA TEA PREMIUM.
5-6 7-8
9% 1%
3-4
20%
1-2
70%
FACTORS FOR UNSATISFACTION OF CUSTOMERS
45 42
40
35 31
30
25
20
15
15 12
10
5
0
0
Quality Price Taste Packaging Advertisement
COMPARISON WITH TATA TEA PREMIUM.
Tata Tea Premium Red Label Dust Indifferent
57
53
51
47
44 43
38
35 35
28
22
15
12 11
9
31 31
0
1 2 3 4
ANALYSIS AND INTERPRETATION OF RESPONSES OF
CUSTOMERS.
Age Group Wise Tea Variant Preference
Leaf Tea Dust Tea None
30
15
13
12
11
4 4 4
2 2 2
1
40
35 9
30
25 14
20
10 28
15
10 15 0
9 8
5
0
Never Heard Heard But Never Used Buy Occasionally Regular Basis
Advertisement
15%
Price
37%
REASONS FOR NOT PURCHASING
DUST TEA CONSUMERS LEAF TEA CONSUMERS
11
10
7 7 7
3
2
1
0 0 0 0
Unawareness It is expensive Don't Like The No attractive Never Thought Leaf Tea
Product offer of Switching Consumer
SOURCE OF INFORMATION
People
12%
Television
Shopkeeper 43%
21%
Newspaper
17%
Magazine
7%
CHI SQUARE TEST
Symmetric Measures
N of Valid Cases 74
The average sale of Red Label Dust Tea for every 10kg Sale of Tata
Tea Premium dust is 2.27kg.
Incentives must be given to the potential retailers.
• The major factor for the unsatisfaction of the customers is
Advertisement and Taste.
• Quality and taste must be improvised to retain the customers.
Tata Tea has an edge over Red Label in Consumer Promotion, trade
Promotion and credit Period.
A longer credit period and higher margin should be provided to the
retailers till the product becomes popular in the market