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ON
PARRY'S SUGAR
09-12-2013
Presented by: Drishti Tantia Viraj Kondawar Hemal Maniar Vivek Kar Sraj Seshadri Tousif Azam Sunil Soni
BACKGROUND
Public company headquartered in Chennai, South India that has been in business for more than 225 years. Parrys Sugar: fastest & most progressive company in India. Produce superior grade sugar & associated products.
MANAGEMENT PROBLEM
Parrys management wants to launch an ad campaign in India by Jan, 2014 Select the appropriate ad concept out of the following four:
1.
2. 3. 4.
RESEARCH OBJECTIVES
The main objective of the research is to identify the best advertising concept for Parrys Sugar in India.
To identify the potential target market for Parrys in India. To evaluate the various factors which emotionally appeals the most to the target audience. To identify advertising strategy used by competitors in the market.
LITERATURE REVIEW
Lyn Daff, (2011) "The research proposal", Accounting, Auditing & Accountability Journal, Vol. 24 Iss: 4, pp.553 553 Basic structure of a research proposal can be understood from this journal Fortin, Pierre. "Unemployment Insurance Meets the Classical Labor Supply Model." Economics Letters 14 (1984): 275-81 Sources of data to be included in a research proposal Kalt, Joseph P. and Mark A. Zupan. "Capture and Ideology in the Economic Theory of Politics." American Economic Review 74 (June 1984): 279-300 Crisp and lucid literature review can be seen in this journal Kau, James B. and Paul H. Rubin. "Voting on Minimum Wages: A Time-Series Analysis." Journal of Political Economy 86 (April 1978): 337-42 Methodology to sample the frames can be clearly understood from this journal
Sources of Data
Analysis of Data
Primary Sources
Secondary Sources
In order to find out who our potential target customers would be and to identify the factors present in the Ads influencing emotional connect of the customers, we will be focusing on getting information from following primary sources: Focus Group Discussions Interviews Experiments Questionnaire through E-Mails and at Shopping Malls
In order to know about the strategies applied by the competitors to gain market share in India, we extract information from the following secondary sources: Official Publications from Ministry of Food and Agriculture Records from Co-Operative Societies Demographic statistics on the Internet
Sources of Data
Analysis of Data
QUANTITATIVE DATA
QUALITATIVE DATA
Sources of Data
Analysis of Data
Quantitative Data Analysis: Central tendency Dispersion measurement Frequency polygons Correlation
SAMPLING
Who?
Variable
Where?
How?
How many?
Scale of measurement
Gender
Male, Female
Upto 25 years, 26-45 years, 46-65 years, 65 & above Nuclear, Joint family
Income
SAMPLING
Who? Where? How?
How many?
3 groups :
1.
2. 3.
SAMPLING
Who?
Where?
How?
How many?
Sampling frame
Customer bills database b. Telephone directories c. Personal Contacts d. Social networking websites Sampling Procedure Variables a. Convenient Sampling Work b. Quota Sampling Age c. Stratified Sampling
a.
Scale of measurement Working Women Non Working Women <30 years >30 years
SAMPLING
Who?
Type of study
Where?
Minimum size
How?
How many?
Typical range
research Surveys
600
500- 1000
50 each in 3 cities
100- 200
Focus groups
8- 12 / group
Experiment
8-10 / group
BUDGET
GANTT CHART
Desk Research Develop sampling frame Questionaire development Qualitative fieldwork, training Qualitative data collection Quantitative data collection Analysis and interpretation Presentation Final report No of days
Task
Start Date
No of days
End date
Desk Research
Develop sampling frame Questionnaire development Qualitative fieldwork, training Qualitative data collection Quantitative data collection Analysis and interpretation Presentation Final report
10-12-2013
13-12-2013 15-12-2013 15-12-2013 19-12-2013 02-01-2014 09-01-2014 11-01-2014 12-01-2014
3
2 1 4 14 7 2 1 1
12-12-2013
15-12-2013 16-12-2013 19-12-2013 02-01-2014 09-01-2014 11-01-2014 12-01-2014 13-01-2014
BIBLIOGRAPHY
http://www.parrysugar.in/ http://business.uonbi.ac.ke/node/1565 http://www.slideshare.net/zoezhou11/researc h-proposal-ppt-for-aveda http://www.pearsonhighered.com/assets/hip/ us/hipus/hipuspearsonhighered/samplechapt er/0130417890.pdf
APPENDIX: QUESTIONAIRE
1) What things you like in an advertisement? 1) To what extent an adverstisement impact your purchase decision? 2) Which sugar brand do you prefer?
8) Do ?
9) What are the various changes that you want in sugar? 10) Can impressive ads change your purchasing style?