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Cultura Documentos
Much like a product life cycle; there is also a brand life cycle – while product
life cycle is an eventuality – determined by two factors a) Evolving Consumer
Lives and b) Technological Advancement. Brand lifecycles can be a lot longer,
determined by the Brand’s ability to re-invent itself based on the very two
factors listed above.
Brand Amitabh Bachchan has a 90%+ awareness levels amongst Indians (At
least 90% of Indians will know of the brand – kids below 2 and tribals
excluded), will have a 70%+ penetration (at least two out of three Indians
would have experienced/consumed the brand across media - TV, print,
Internet, films and books) and there would be at least a 30% repeat
consumer base. At least one out of three Indians would have consumed it
more than twice.
I must admit, this is no Nielson data. This is purely based on gut and the best
judgment of this writer.
Much like any other brand, this brand has had its high and lows, but has
managed to emerge out of every low so far, evolved and expanded itself
riding the very two factors above. At every crossroad, it has managed to re-
invent itself and expanded its product offering to become more relevant to
its consumers. It retained the brand character; fine tuned its attributes to
changing times and products, and expanded its distribution via media
choices. It started from Films only to TV to Print to Internet, its now available
simultaneously across all forms of media.
While it started as a film character, the brand had a certain set of core
values, that could be personified on screen – Unconventional good looks,
Angry, against the odds, fire in the belly, espousing Core Indian Values of
high relationship quotient (emotional bonding with relations and friends),
Social equilibrium (voice of the downtrodden), Humble son of the soil.
Irrespective of the film – you could almost say what this character will or will
not do.
In short – very strong equity and a well detailed brand character map.
The brand tugged at the hearts of millions of Indians, and was an instant hit –
film after film. It was carefully handled by a few directors and screenplay
writers (brand managers). Until it reached a point where those brand
managers were not available anymore and the brand began to falter. But by
this time, the person, who had played the brand year on year, began to
understand himself. Thus, the brand was re-launched via television. The
basic character intact, with a slight makeover, the same character map as
earlier – just with a bit of tinkering to dial up a few values and dial down
some others. For Instance - Core Indian Values (Relationship quotient), Social
equilibrium were dialed up a bit.
This worked well for the brand; the equity was further strengthened via
product endorsements along similar lines. But after a point in time, it needed
another makeover. And this time it was the Internet in the form of blogs.
Creating a sub community amongst loyal consumers and giving itself a new
lease of life. Again the set of attributes is the same as what it was 35 years
back. Its’ still Angry, against the odds, Espousing core Indian Values, Social
Equilibrium and Humble son of the soil.
What has helped immensely is the distribution expansion via the choice of
media to ensure distribution and consumption. It has only expanded with
time, reflecting the changing consumer lifestyle and technological
advancement.
Brand Amitabh works for everything – from mass market hair oil to the finest
textiles.
French Director Francois Truffaut called him a one-man industry in the late-
seventies, when eight of his films – released almost simultaneously – had an
unprecedented success at the box office.
Colors CEO Rajesh Kamat says the channel needed a “prophetic voice” that
would be heard and taken seriously, if Bigg Boss has to be taken to the next
level. And his team couldn’t think of anybody but Bachchan who could fit the
bill.
Many of his counterparts in India Inc agree with Kamat – a reason why
Percept Talent Management COO Vinita Bangard estimates Bachchan’s brand
value at over Rs 700 crore. Reason: Brand Amitabh stands for a lot of things
– credibility, icon, youth aspiration, global achiever etc, she says.
The biggest draw, experts say, is his pull across segments – from the mass
market Navratna oil to the clothing option for the elite, Reid & Taylor. The
categories he endorses range from healthcare (Dabur Chawanprash, Hajmola
etc to Emami’s skincare and hair care brands like Boroplus) to banking,
financial service and insurance (ICICI Bank and Max New York Life Insurance).
Bachchan’s association with Emami for three of its brands, for instance,
fetches him Rs 3 to 4 crore per annum per brand. Likewise, the Dabur
contract is pegged at Rs 10 crore per annum – a money that the companies
consider well spent. Emami Director Aditya Agarwal says, “the association
with Bachchan has seen our brands double their sales in three years. His
presence brings us eyeballs in a cluttered television medium and his larger
than life presence adds credibility to our brands.”
Piyush Pandey, executive chairman and creative director – South Asia, Ogilvy
& Mather, the creative agency for brands like Cadbury and Max New York Life
Insurance, decodes his appeal further. “Bachchan appeals to age groups of
six to 60 in both India and Bharat. Also he has the ability to look straight into
the eye and reach your heart,” says Pandey.
So, when there was a crisis in Cadbury or ICICI Bank, it was Bachchan they
turned to. “We needed to get someone who would be able to deliver our
message powerfully and appeal to our consumers. Bachchan fitted the bill,”
says Cadbury Marketing Director Sanjay Purhohit. The rumour at Cadbury
House then was that the only other person who could have come to the
brand’s rescue was the then Prime Minister, Atal Bihari Vajpayee.
For Dabur, Bachchan is the brand ambassador for its healthcare brands.
Dabur CEO Sunil Duggal says, “At close to 70, Bachchan still lives life fully
and that makes him an ideal choice for our brands.” However, the company
has also recently signed Team India Captain M S Dhoni for its Rs 200 crore
Dabur Chyawanprash brand. Duggal says that decision was taken in the
interest of “business continuity”.
Experts say taking Bachchan as a brand ambassador is risk-free as he has
gone way beyond the success or failure of his present films. McCann India
Executive Chairman Prasoon Joshi says “today Bachchan has manifested
himself in different ways through his voice, charm, personal credibility and
family.”
Going by such praise from ad veterans, brand Amitabh is set for a longer
innings.
Though Cadbury did not reveal Big B’s charges for a two-year contract,
sources said he charges around Rs 10 crore.
For the Big B, Cadbury’s is just the latest endorsement, after ICICI
Bank, Reid & Taylor, Maruti Versa, Nerolac, Dabar chawanprash and
even polio drops.
‘‘Is vada-pav next?’’ That is what a cynical reporter asked at a Cadbury news
conference on Wednesday, referring to the advertising clutter around the Big
B. There are takers for that argument. ‘‘Now just like every third ad has
Sachin in it, every fourth ad has Bachchan in it,’’ said ad film maker Prahlad
Kakkar, who has worked with Bachchan for the Pepsi commercials. So how
can Cadbury break through the growing clutter of Big B and Tendulkar
advertisements? ‘‘The key is to write a script that’s bigger than him,’’ said
Kakkar. ‘‘Even we went through angst because he is such an overpowering
personality... If Cadbury’s has a cracker of a script, this will definitely work.’’
Bachchan agreed. ‘‘I personally went to Cadbury plants to see how they are
manufacturing the chocolates because I do not want to endorse a product
due to which I will lose my sleep,’’ he said in a video-recorded message to
reporters.
Cadbury India's five factories in India churn out close to 8,000 tones of
chocolate and the company sells a million bars every day.
But Bharat Puri, managing director of Cadbury India will never forget the
batch of Dairy Milk chocolates numbered 28F311 manufactured last year at
the company's plant in Thane, near Mumbai.
That was the worm-infested batch that triggered a crisis for the company
that had always prided itself on its squeaky clean image.
The timing of the controversy couldn't have been worse. Festival season
sales (Cadbury sells almost 1,000 tonnes of chocolates during Diwali)
plummeted 30 per cent.
Until then, in the country's FMCG sector plagued by slow, low single digit top
line and bottom-line growth, Cadbury was a sweet exception. But its net
profit in 2003 dipped 37 per cent to Rs 45.6 crore (Rs 456 million) as
compared to a 21 per cent increase the previous year.
Now, a year later, Cadbury says that consumers have long forgotten the
controversy and are back to their merry chocolate-chomping ways.
COMPANY OVERVIEW
Cadbury began its operations in 1948 by importing chocolates and then re-
packing them before distribution in the Indian market. After 59 years of
existence, it today has five company-owned manufacturing facilities at
Thane, Induri (Pune) and Malanpur (Gwalior), Bangalore and Baddi (Himachal
Pradesh) and 4 sales offices (New Delhi, Mumbai, Kolkata and Chennai). The
corporate office is in Mumbai.
Our core purpose "Working together to create brands people love" captures
the spirit of what we are trying to achieve as a business. We collaborate and
work as teams to convert products into brands. Simply put, we spread
happiness!.Currently Cadbury India operates in three sectors viz. Chocolate
Confectionery, Milk Food Drinks and in the Candy category. In the Chocolate
Confectionery business, Cadbury has maintained its undisputed leadership
over the years. Some of the key brands are Cadbury Dairy Milk, 5 Star, Perk,
Éclairs and Celebrations. Cadbury enjoys a value market share of over 70% -
the highest Cadbury brand share in the world! Our flagship brand Cadbury
Dairy Milk is considered the "gold standard" for chocolates in India. The pure
taste of CDM defines the chocolate taste for the Indian consumer.
In the Milk Food drinks segment our main product is Bourn vita - the leading
Malted Food Drink (MFD) in the country. Similarly in the medicated candy
category Halls is the undisputed leader. We recently entered the gums
category with the launch of our worldwide dominant bubble gum brand
Bubbaloo. Bubbaloo is sold in 25 countries worldwide. The Cadbury India
Brand Strategy has received consistent support through simple but
imaginative extensions to product categories and distribution. A good
example of this is the development of Bytes. Crispy wafers filled with coca
cream in the form of a bagged snack, Bytes is positioned as "The new
concept of sweet snacking". It delivers the taste of chocolate in the form of a
light snack, and thus heralds the entry of Cadbury India into the growing
bagged Snack Market, which has been dominated until now by Salted
Bagged Snack Brands. Byte was first launched in South India in 2003. Since
1965 Cadbury has also pioneered the development of cocoa cultivation in
India. For over two decades, we have worked with the Kerala Agriculture
University to undertake cocoa research and released clones, hybrids that
improve the cocoa yield. Our Cocoa team visits farmers and advises them on
the cultivation aspects from planting to harvesting. We also conduct farmers
meetings & seminars to educate them on Cocoa cultivation aspects. Our
efforts have increased cocoa productivity and touched the lives of thousands
of farmers.
Cadbury Milestones
The Cadbury story is a fascinating study of industrial and social
developments. From a one man business in 1824, Cadbury has grown to be
one of the world's largest producers of chocolate.
Use our milestones to view Cadbury history at a glance; discover how the
company grew and when the key products were introduced. See how a small
family business developed into an international company and how the high
standards of the Cadbury brothers were combined with the most
sophisticated technology, skills and innovation.
Pest analysis
Demographic factor:-
Preschools:-5%
School-age:-15%
Political factor:-
If tax increase by10% than normal dairy milk of 5 rs will be of 5.50.than also
little effect.
If some party such as congress comes into power than it will affect
positively or negatively depending on tax and norms.
If inflation rate increases than it will affect fmcg sector so dairy milk
also will be affected.
Economic:-
Social:-
Table No. 1: -
Graph No.1: -
Table No.2: -
Discovery of Cadbury
Graph No. 2: -
Table No. 3: -
Table No. 4: -
Consumption of chocolate
Graph No. 4: -
Table No. 5: -
Price Range
Graph No.5: -
Table No. 6: -
Availability of Cadbury
Graph No.6: -
Table No. 7: -
Graph No.7: -
Cadbury Brands:
Chocolates
Snacks
Beverages
Candy
SNACKS:
Bytes
BEVERAGES
Bournvita
CANDY
Halls
CHOCOLATES
Dairy Milk
5 Star
Perk
Celebrations
Temptation
Eclairs
Gems
DAIRY MILK
The variants Fruit & Nut, Crackle and Roast Almond, combine the classic
taste of Cadbury Dairy Milk with a variety of ingredients and are very popular
amongst teens & adults.
Cadbury Dairy Milk has exciting products on offer - Cadbury Dairy Milk
Wowie, chocolate with Disney characters embossed in it, and Cadbury Dairy
Milk 2 in 1, a delightful combination of milk chocolate and white chocolate.
Giving consumers an exciting reason to keep coming back into the fun filled
world of Cadbury.
Today, Cadbury Dairy Milk alone holds 30% value share of the Indian
chocolate market.
5 STAR
the second largest after Cadbury Dairy Milk with a market share of 14%,
Cadbury 5 Star moves from strength to strength every year by increasing its
user base.
Launched in 1969 as a bar of chocolate that was hard outside with soft
caramel nougat inside, Cadbury 5 Star has re-invented itself over the years
to keep satisfying the consumers taste for a high quality & different
chocolate eating experience.
One of the key properties that Cadbury 5 Star was associated with was its
classic Gold colour. And through the passage of time, this was one property
that both, the brand and the consumer stuck to as a valuable association.
More recently, to give consumers another reason to come into the Cadbury 5
Star fold, Cadbury 5 Star Crunchy was launched. The same delicious Cadbury
5 Star was now available with a dash of rice crispies.
PERK
Cadbury launched Perk in 1996. With its light chocolate and wafer construct,
Cadbury Perk targeted the casual snacking space that was dominated
primarily by chips & wafers.
CELEBRATIONS
The super premium Celebrations Rich Dry Fruit Collection which is a festive
offering is an exotic range of chocolate covered dry fruits and nuts in various
flavours and the premium dark chocolate range which is exotic dark
chocolate in luscious flavours.
TEMPTATION
“How many times do you prefer to buy a Cadbury dairy milk in a week?”
Expert Opinion: The Cadbury dairy milk also have a choice of estimating
future demand on the opinion given by the experts including dealers,
distributors, suppliers, marketing consultants and trade associations.
Past-Sales Analysis: The demand can also be estimated on the basis of past
sales by the Cadbury dairy milk. There are four components in the Time
Series Analysis: trend, cycle, seasonal and erratic.
As consumers, we play a very vital role in the health of the economy local,
national or international. The decision we make concerning our consumption
behavior affect the demand for the basic raw materials, for the
transportation, for the banking, for the production; they effect the
employment of workers and deployment of resources and success of some
industries and failures of others. Thus marketer must understand this.
The study of the consumer preference not only focuses on how and why
consumers make buying decision, but also focuses on how and why
consumers make choice of the goods they buy and their evaluation of these
goods after use. So for success of any company or product promotion it is
very necessary to depart its concentration towards consumer preference
Product form: They were not sure of raising this huge money, but he is
firm of doubling his brand size in the overseas markets. It shows that
they were more conscious towards brand size. They have also decided
to change the physical structure of the product but already the product
is so popular that they decided to reject this decision.
• Durability: The durability of the Cadbury dairy milk is very good. The
product is able to survive under the stressful or natural conditions. But
it should be taken care of refrigeration as milk will get spoiled if resists
for long time in hot atmosphere.
• Reliability: Cadbury dairy milk mainly has a reliable product. They were
quite sure about the not malfunction or fail of their product within a
specified time period.
• Style: It refers to the products look and feel to the buyers. In Cadbury
dairy milk there are different styles of packing and taste but then also
there is no need to pay an extra money.
Current price charges for Cadbury dairy milk is rs.5, 10, 15,23,3
d. What prices will you charge in the remaining stages of the product life
cycle?
VISION.
Increasing the market depth including rural India’s coverage. (so far in
case of chocolates, rural areas are not covered)
Average sales to grow at least at 20% p.a. for the next 3 years,
volumes by at least 12%
QUESTIONARE
Name of the Surveyor : ------------------------------------------------------
Address : ----------------------------------------------------------------------------
( ) YES ( ) NO
( ) Yes ( ) No
Que3. How did you first discover the Cadbury products?
( ) Mouth publicity
( ) Other
( ) Chocolates ( ) Beverages
( ) Candy ( ) Snacks
Que5. How much importance do you give to the following factors when you
purchase a chocolate? (Tick in the desired column)
Flavor/tast
e
Price
Quality
Packaging
Form
Brand
Image
Color
Shape
Quantity
Que6. How much are you satisfied with the following factors in your preferred
chocolate? (Tick in the desired column)
Factors Very Satisfied Normal Least Can’t Say
Satisfied Satisfied
Flavor/tast
e
Price
Quality
Packaging
Form
Brand
Image
Color
Shape
Quantity
Que7. Which form of a chocolate do you like?
Hard Nutties
Crunchy Chew
Advertisement
Attractive Display
Doctors Advice
Brand Ambassadors
Ingredients
Hoarding Display
Weekly Monthly
20.30 Above 30
Que14. If your preferred brand is not available for repeat purchase then what
will you do?
Que15. If another brand of the same product appears in the market, will you
prefer to stop buying this brand and buy the new brand?
Signature
RESEARCH METHODOLOGY
This chapter describes the methodology of the study. This project is based on
information collected from primary sources. After the detailed study, an attempt
has been made to present comprehensive analysis of consumption of Cadbury
and nestle chocolates consumed by the people. The data had been used to cover
various aspects like consumption, consumer’s preference and customer’s
satisfaction regarding Cadbury and Nestle chocolates. In collecting requisite data
and information regarding the topic elected, we went to the residents of peoples
and collected the data.
1. Relevance of the Study
This research is been conducted to survey the product performance and buying
behavior of consumer in selection of chocolates.
The relevance of the study is to survey the product performance and buying
behavior of two famous brands of chocolates – Nestle and Cadbury, which are
consumed by people of all ages. During this research we have interacted with
people of Mumbai City. This research is to know which particular brand of
chocolate is most preferred by people of different age groups.
2. Research Problem
Every research has their own problem and limitation but good researcher have to
overcome that problem by their skill. In this research problem we would like to
understand and analyze about the chocolates products available at Mumbai and
collect the feedback from group of people and we
wanted to know the developments made in direction of chocolates industry.
3. Research Objective
This project is based on the comparative study consumer behavior towards Nestle
and Cadbury chocolates. Objectives of the study are:
The other objective is to know about the customer satisfaction level
associated with the product and the customer preference level.
To increase customer satisfaction and recapture the market share by
fulfilling the customer needs.
To study the factors affecting the consumption pattern.
4. Research Design
For any researcher the research methodology is the most important criteria to
decide before the actual research process starts.
There are many methods for conducting the research some of them are as under;
a) Descriptive vs. Analytical b) Applied vs. Fundamental c) Quantitative vs.
Qualitative d) Conceptual vs. Empirical e) Field setting or laboratory testing
research The design of a research is a plan or a model that helps researcher to
conduct a formal investigation and survey. It is an application of methods and
procedures for acquiring the information needs for getting a desire out come. It
decides the sources of data and methods for gathering data. A good design
insures that the information obtained is relevant to the
research question and that it was collected by objectives. Since, research design is
simply the frame work or plan for a study. It is a blue print that of a house
devised by an architect. Our approach to research is descriptive and quite
specific. Out of these all research methods the research method, which was most
suitable to our research, was descriptive research because it provides us all the
opportunities to cover the all the aspect that We require to conduct the research
and get an appropriate out come.
5. Scope of the Study:
As learning is a human activity and is as natural, as breathing. Despite of the fact
that learning is all pervasive in our lives, psychologists do not agree on how
learning takes place. How individuals learn is a matter of interest to marketers.
They want to teach consumers in their roles as their roles as consumers. They
want consumers to learn about their products, product attributes, potential
consumers benefit, how to use, maintain or even dispose of the product and new
ways of behaving that will satisfy not only the consumer’s needs, but the
marketer’s objectives.
The scope of my study restricts itself to the analysis of consumer preferences,
perception and consumption of Cadbury and Nestle Chocolates. There are many
other brands of chocolates available but our study is limited to two major players
of chocolates leaving behind the others. The scope of my study is also restricts
itself to Mumbai region only.
There are 2 sources of data i.e.
A) Primary Data
The data, which are collected for the first time, directly from the respondents to
the base of knowledge & belief of the research, are called primary data. The
normal procedure is to interview some people individually or in a group to get a
sense of how people feel about the topic.
So far as this research is concerned, primary data is the main source of
information provided by the respondents.
B) Secondary Data
When the data is collected and compiled in the in a published nature it is called
Secondary data. So far as this research is concerned internet, many brochures
and magazines have been referred too.
FINDINGS
By doing the comparison of Nestle and Cadbury chocolates, we have found
that the preference of the chocolates more preferred by the consumer is
Cadbury.
From the analysis we have found that Nestlé’s some brand has covered
50% of the market in one product (Munch) of the chocolates which is a
very good sign for the company.
Through the research we found that consumer is very conscious about the
quality of the product in that matter they are not ready to compromise.
And we found both company product are very qualitative.
In some cases we found that if a product is not available in the market than
some consumer would to switchover to another product or brand.
So from these survey we have found that the consumption of the chocolates
are more in children and teenage group though having any occasion or not
having any occasion.
The most selling product of both the companies is in small size of
chocolates and there market share is 73% because it’s not much costlier
and is also easily available & affordable.
SUGGESTIONS AND RECOMMENDATIONS
CONCLUSION
A survey of the people has been conducted to know the liking pattern of the two
products Cadbury and Nestle. It is observed that overall people like to eat
Cadbury brand rather than Nestle. It is concluded that mostly people preferred
Dairy Milk of Cadbury due to its flavor/taste, quality and image and due to its
hard form. Some people often like to have a chocolate with good flavor, quality
hard form. Some people often like to have a chocolate with good flavor, quality
taste and crunchiness. It is thus concluded from the facts collected that mostly
people refer to buy big pack of their favorite chocolate, and sometimes some of
them go for small and family pack.
LIMITATIONS OF THE STUDY
The main source of data for the study was primary data with the help
of self- administered questionnaires.
Web sites:
www.nestle.in
www.business-standard.com
www.cadburyindia.com
www.scribd.com
www.managementparadise.com
www.google.com
Books:
Name of Student:
Name of Dealer…………………………Name of Shop ………………….….
Signature & Seal: ………………………………………
Please answer the relevant question:
3. What are the various taste of Cadbury product available in the market?
OBJECTIVES
This survey report is basically based on the market of Cadbury and its state
of affairs according to its quality, quantity, price, packing etc.
Main Objectives
To know the response of customers of different age group towards the
product.
Promotional strategies of the product
To know the gist of sales promotional technique of brand.
To ascertain the quality, quantity, prices etc.
To find the top most brand in the market.
CONTENTS
Acknowledgement
Certificate
Declaration by the candidate
Preface
Company profile
Introduction
History
Major Player
Product overview
Marketing strategy of Cadbury Dairy Milk
Objectives
Research methodology
Data analysis & interpretation
Findings
Limitation
Suggestion
Conclusion
Bibliography
Questionnaire
CERTIFICATE
Signature of H.O.D.
DECLARATION BY CANDIDATE
DATE: __________
INDU REKHA
MBA 3rd Sem.
ACKNOWLEDGEMENT
I wish to express my deep sense of gratitude to all those
who generously helped in successful completion of this research
work by sharing their valuable time and knowledge. A great
deal of motivation, direction and hard work was require to
complete the report, but the precious guidance provided by my
teachers made this job enjoyable and a nice learning
experience.
INDU REKHA
M. B. A. 3rd Sem.
PREFACE