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Market Research On Yippee Noddles: Submitted By: Group 5
Market Research On Yippee Noddles: Submitted By: Group 5
Group 5
Market Research on
Yippee Noddles
• MDP: Should SunFeast introduce new flavors of yippee?
Context of Problem • MRP: To determine consumer preferences and current
We have taken yippee consumption scenario of yippee
because, if we observe
the trend that is going Research Questionnaire Hypothesis
on now people are R1: What is consumer awareness R1H1: Non users have low awareness
becoming more health about different flavors of yippee? about the different flavors and prices
conscious, at the same R1H2: Heavy users have high
time they wanted to awareness about different flavors and
prices
explore new varieties of
R2: What are the factors that R2H3: Availability plays important
food and there are 6 influence the purchase of yippee? role in influencing purchase
varieties of yippee that R3: What is the price in which a R3H4: All consumers are from same
are available and they consumer would buy any specific pocket range
flavoured yippee?
seems to be of similar R3H5: All flavours except the generic
flavors ones i.e. plain are of different price
R4: What are the barriers faced by R4H6: Competition of similar product
Yippee? from different brands
R5: What are the criteria of R5H7: People who like to have
potential customers of yippee? different flavors of instant noodles
R5H8: People who depend on instant
food due to time constraint
Exploratory Research
Attribute-Benefit-Value Model
Weak (1-2 times) Average (2-4 times) Strong (>4 times) Sample=52
Gender
Prefer not to
Female Male say Total
Age Group >30 years 1 0 0 1
15-20 years 2 0 0 2
21-25 years 28 17 1 46
26-30 years 5 10 0 15
Total 36 27 1 64
• From survey we also got to know that 50.8% consumer prefer their native taste while purchasing noodle
• Every part of India has different and diverse taste.
• Different type of spices are used by different part of the country
• Indians find difficult to adapt to changes
Do you have inclination towards health factor in noodles? * How do you perceive yippee noodles Crosstabulation
Count
How do you perceive yippee noodles
Good for Tasty/Fun
health Junk food Ready to eat eating Total
Do you have inclination No 1 8 5 8 22
towards health factor in Yes 2 12 17 11 42
noodles?
Total 3 20 22 19 64
Findings:
• 65.5% prefer health factor in noodles, whereas only 4.7% people visualises yippee as an
healthy product
• In general most people have an inclination towards health factor in noodles but they don’t
perceive yippee as good for health
R2: What are the factors that R2H3: Availability plays important role in Accepted
influence the purchase of yippee? influencing purchase
R3: What is the price in which a R3H4: All consumers are from same Accepted
consumer would buy any specific pocket range
flavored yippee?
R3H5: All flavors except the generic ones Rejected
i.e. plain are of different price
R4: What are the barriers faced R4H6: Competition of similar product from Accepted
by Yippee? different brands
R5: What are the criteria of R5H7: People who like to have different Accepted
potential customers of yippee? flavors of noodles
R5H8: People who depend on instant food Accepted
due to time constraint
Recommendations
- We recommend to introduce a new variety of Yippee made of Healthy ingredient like Ragi
with interesting flavours
- Most people have an inclination towards health factor in noodles
- When people buy noodles, variety matters most in all the attributes
- Improvement in texture
- Doing advertisement which can impact people on their emotions and connectivity
THANK YOU