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                                 PROJECT REPORT

                                          ON

                “CONSUMER BEHAVIOR & SATISFACTION”




                                SUBMITTED TO

             PUNJAB TECHNICAL UNIVERSITY, JALANDHAR

               In partial fulfillment of the requirement for the degree of

              MASTER IN BUSINESS ADMINISTRATION (MBA)

                                   BATCH (2011-2013)

             D.A.V INSTITUTE OF ENGINEERING & TECHNOLOGY

                                      JALANDHAR




 SUPERVISED BY:-                                                     SUBMITTED BY:-

ANJU MAHAJAN                                                       SAHIL MARWAHA

(lecturer)                                                       Univ. Roll No:-11706138




                                                                                           21
DECLARATION

I, Sahil marwaha student of Master Of Business Administration from DAV Institute Of
Engg & Technology, Jalandhar declare that I have completed dissertation on“CONSUMER
BEHAVIOR & SATISFACTION.”as part of the course requirement.I further declare that
the information presented in this project is true and all collected information is authentic to
the best of my knowledge.




                                                                    Sahil Marwaha




                                                                                                  21
CERTIFICATE



 I, Akshay Aneja hereby certify that Sahil Marwaha student of masters of Business
Administration at DAV Institute Of Engg & Technology, Jalandhar has completed
dissertation on“CONSUMER BEHAVIOR & SATISFACTION.” Under my guidance.




                                                            AKSHAY ANEJA

                                                                 MANAGER




                                                                                    21
PREFACE

     Today the business environment is rapidly changing in this competitive environment the
popular trend is also striving for maintaining its positions therefore it become essential for the
companies that they should know about their preference & taste.
          Regarding a particular product it is of almost necessary to know the consumers
satisfaction to the value offered by the company in case of dissatisfactory result it is essential
to as certain whether the dissatisfaction is for entire product or part of it is and what value do
the consumers expect from it?
     The research will provide the relevant information to the organization about consumer’s
attitude towards there products & services.
     The research work is sincere effort to find out the ultimate requirement of consumers for
the betterment of research as well as the organization.




                                                                                                     21
ACKNOWLEDGEMENT



Management study is incomplete without practical experience. Being an MBA student, I
know that creativity and practical both are essential element of Management to take the
successful decision.

 I feel great honour to thanks Dr.Sonia Chawla and Anju Mahajan (Lecturer) for her
valuable guidance, constructive criticism as well as supervision and encouragement
throughout which proved invaluable during our report work.




                                                             SAHIL MARWAHA




                                                                                          21
INDEX

  CHAPTER                                                      PAGE
NO.                                                      NO.
            TITLE


            Executive Summary                                 10

1.          General Introduction

                          •    Introduction & History         12

                          •    Profile of the Industry        19

                          •    Product Profile                23

2.           About the Topic

                          •    Consumer Behaviour        25-27

                          •    Consumer Satisfaction      28

3.           Marketing Research                           30-34

4.           Research Methodology                         35-41


5.           Data Analysis And Interpretation             42-57



6.          Findings, Suggestion & Conclusion            58-61


7.          SWOT Analysis                                62


8.          Annexure:                                    63-66

                  a) Bibliography & Webliography

                 b) Questionnaire




                                                                      21
LIST OF THE TABLE



Table no.                 Contents                            Page no.

5.1         Classification of Customers Based On Sex            43

5.2         Analysis of Occupation of the Respondents           45

5.3         Analysis of Monthly Income of the Respondents       46

5.4         Analysis of Factors to Buy Sifti Ghee               48


5.5         Analysis of Consumption of Average Ghee per Day     49


5.6         Analysis of Purchase Duration of Sifti Ghee         51

5.7         Analysis of   Rating Towards Sifti Ghee& Ghee       53
            products

5.8         Analysis of Value for Money Paid by the            55
            Respondents

5.9         Analysis of Recommendations                        56




                       LIST OF THE GRAPHS

                                                                         21
Graph no.                Contents                            Page no.

5.1         Classification of Customers Based On Sex        44

5.2         Analysis of Occupation of the Respondents       45

5.3         Analysis of Monthly Income of the Respondents   47


5.4         Analysis of Factors to Buy Sifti Ghee           48


5.5         Analysis of Consumption of Average Ghee per 50
            Day

5.6         Analysis of Purchase Duration of Sifti Ghee     52

5.7         Analysis of Rating Towards Sifti Ghee           54


5.8         Analysis of Value for Money Paid by the 56
            Respondents

5.9         Analysis of Recommendations                     57




                    EXECUTIVE SUMMARY



                                                                        21
The main objective of summer training was given by the Management of Sifti.The objective
was “CONSUMER BEHAVIOR & SATISFACTION.”

I started my summer training on 22nd of May. And during summer training I had to report at
the organization at sharp 10:30am and was asked to work till 6:30 pm. First 15 days I spent
on various marketing activities like I had visited near about 50 retail shops to know there
view & consumer behaviour towards Sifti Ghee.

And also collects detail about the competitors there offers & profit margin.

After that next few days I went with distributors in the morning 9:00 am to know how
distribution channel works.

And then at last I worked with questionnaire a sample size of 100 respondents was taken for
the study whose responses were studied and interpreted .The sampling design was used
convenience sampling. The process of analysis was done through excel work sheets,
frequency table, percentage analysis etc.

During the preparation of questionnaire I faced difficulties regarding the selection of
questions and in collection of the data I found some difficulties like the customers had no
time to give.

There is one thing that I have found that the peoples working at SIFTI are very much helpful
in all areas. Every time they come to me and told me that they are available at any time for
me for anything, which really boost me and motivates me towards my goal and objectives.
The culture of SIFTI is very much friendly.

I completed my project on 2nd of july & during the project I have achieved my all objectives
of my project.




                                                                                               21
CHAPTER-1



INTRODUCTION
 AND HISTORY




  INTRODUCTION AND HISTORY




                             21
Dairy products have been part of the human diet since time immemorial. They play an
important role in a healthy diet, both for nutritional value and personal enjoyment. Milk and
milk products naturally provide 15 essential nutrients for normal growth and for the
maintenance of good health. In addition to its unique nutritional value, milk is fortified with
vitamin D.

Consumed alone or in recipes, dairy products provide unparalleled taste, texture, versatility
and variety. Established in 1991, Aneja Food Products is a leading manufacturer and exporter
of a wide range of dairy products such as Desi Ghee, Whole Milk Powder (WMP), Skimmed
Milk Powder, Dairy Mix, etc.


Business Principles

Aneja Food Products insists on honesty, integrity and fairness in all aspects of its business
and expects the same in its relationships be it with customers or suppliers. This attitude of
ours has earned us the trust and respect of all people with whom we do business, and are
regarded as a reputed company in many countries across the globe.




Products
We, Aneja Food Products, continuously focus our efforts to effectively understand the
changing lifestyles of people and anticipate consumer needs in order to provide taste,
nutrition, health and wellness through our product offerings. The products are available under
the brand name of Sifti. Our company is engaged in the manufacture and export of the
following dairy products:

   •   Desi Ghee
   •   Whole Milk Powder (WMP)

   •   Skimmed Milk Powder

   •   Dairy Mix.




                                                                                                  21
Quality



Quality has always been of the foremost
consideration       with    Aneja     Food       Products'
management team. Our Quality process begins
from the milk procurement stage and continues                                              till
the product finally reaches the consumer. We
have entered into a contract farming agreement
with various milk corporations to procure tonnes                                           of
milk directly from the farmers. This step has
enabled us to be able to present the entire value
chain   of    the    products       and   this    ensures
consistency in quality. Owing to this our
products     have    been    accredited      with     ISO
9001:2000 certificate. The products have been
also endowed ISI Mark.




Infrastructure


We have world-class state-of-the-art plants, with production capacity of 1000 tonnes per
month. These plants are fully automated through the entire chain, right from the initial stages
of processing to the packaging of the final products. At Aneja Food Products the production
facility is fully computer-aided, with advanced camera system to detect impurities and to
maintain quality.




                                                                                                  21
Market Reach

Our coordination with preferred freight forwarders makes worldwide shipments smooth and
timely. These above mentioned reasons have fetched Aneja Food Products a considerable
market share nationally as well as internationally. Our products are regularly exported to
Egypt, Bangladesh, Thailand and Hong Kong. We are the preferred choice of many reputed
hotels and canteens all over the country.




PEOPLE POWER: SIFTI SECRET OF SUCCESS


The system succeeded mainly because it provides an assured market at remunerative prices
for producers' Ghee besides acting as a channel to market the production enhancement
package. What's more, it does not disturb the agro-system of the farmers. It also enables the
consumer an access to high quality Ghee and Ghee products. Contrary to the traditional
system, when the profit of the business was cornered by the middlemen, the system ensured
that the profit goes to the participants for their socio-economic upliftment and common good.

Looking back on the path traversed by SIFTI, the following features make it a pattern and
model for emulation elsewhere.




                                                                                                21
Plants:

 First plant is at AMRITSAR, which engaged in the manufacturing of Ghee, butter, ghee,
Ghee powder, flavoured Ghee and butterGhee.




                                                                                         21
Second plant is at KATHUA, which engaged in manufacturing chocolate, nutrSifti,
Sifti Ganthia and SIFTI lite.




Third plant is at CHENNAI, which produces cattelfeed.




                                                                                        21
Today, five dairies are producing different products under the brand name Sifti. Today
Sifti dairy is no. 1 dairy in punjab, which is matter of proud for Punjab.




                                                                                         21
PRODUCT PROFILE:-




S.No.   NAME          TYPE               FAT         SOLID       NATURAL
                                                     FATS
1.      Desi ghee     Toned ghee         3.0% min.   8.5% min.
2.      Whole   Ghee Double Toned Ghee   1.5% min.   9% min.
        powder(WMP)
3.      Dairy Mix     Full Cream Ghee & 6% min.      9% min.
                      ghee




                                                                           21
CHAPTER – 2



CONSUMER
BEHAVIOUR




                 21
ABOUT THE TOPIC:-
CONSUMER BEHAVIOUR:-



    It is defined as all psychological, social and physical behavior of potential customers
      as they become aware, evaluate, purchase, consume, and tell to others about product
      and services.

    Buying behavior involves both individual ( psychological) and group process.

          o Buyer behavior       is reflected from awareness right through post purchase
              evaluation indicating satisfaction and non satisfaction , from purchaser

          o Buyer behavior includes communication, purchasing and consumption
              behavior

          o Consumer behavior is basically social in nature hence the social factors play
              important roles in shaping buying behavior

          o Buyer behavior includes both customer and industrial behavior.



“Hence consumer behavior is an orderly process whereby the consumer interacts with
the environment for making a purchase decision on products “




CONSUMER BEHAVIOR AND MARKETING MANAGEMENT



  Marketing managements work around consumers which is actually the market for them

    Understanding their behavior is very vital in every segment to plan marketing
      activities accordingly.

    Both industrial and individual customers are vital in marketing management




                                                                                               21
DIVERSITY OF CONSUMER BEHAVIOR:-



        customer and consumer words are referred as synonyms but the difference exists

        customer - the purchaser of product or service , may or may not be the end user

        consumer- the end user , may or may not be the purchaser

        new age of business demands            differentiation of customers by individual
           differences in consumer expectations, preferences and influences.

        Firms need to go into deep of consumer behavior to analyze and act to achieve
           objectives



CONCEPT & NEED FOR STUDYING CONSUMER BEHAVIOR:-

Consumer behavior can be said to be the study of how individual make decision on how to
spend their available resources (time, money, effort) on various consumption related items.
This simple definition of consumer behavior tells the markets to resolve every activity around
the ultimate consumers & gauge their behavior by specially focusing on:

                       Who buys products or services?
                       How do they buy products or services?
                       Where do they buy them?
                       How often they buy them?
                       Why do they buy them?
                       How often they use them?



 These questions will help in understanding better what factors influences the decision
 making process of the customers. The decision making process identifies the number of
 people who are involve in this process & describes a role to them like users, decides,
 influences & buyers.




                                                                                                 21
It is believed that consumers or customers make purchase decision on the basis of receipt of a
small number of selectivity chosen pieces of information. Thus it will be very important to
understand what & how mush them to evaluate the goods & services offerings.



CONSUMER DECISION MAKING PROCESS:-

           Stimuli- need, reasons, influences, gathering information

           Information processing- process , analyze information about product

           Decision making - on the basis of analysis , decision to go for

           Response- response to buy without any prejudice




FACTOR INFLUENCING BUYING BEHAVIOR:-

           Individual factors

        Cognitive thinking process – perception , attitudes , Needs/motives

        Personal characteristics – demography, lifestyles ,personal traits

        Environmental factors

        Culture- values ,beliefs, sub cultural / cross cultural factors

        Social class- social class , society

        Influence groups – family, opinion leaders, reference group

        Situational variables – purchase occasion , market communication, shopping

        behavior, price , sales influence , product position




                                                                                                 21
CONSUMER SATISFACTION:-




All business firms have realized that marketing is a core element of management philosophy
& the key to its success lies in focusing more & more on the customers. That is, it will be the
customer who will decide where the firm is heading. Thus the challenge before the marketer
is to ensure that they should satisfy every customer.




Satisfaction is an important element in the evaluating stage. Satisfaction refers to the buyers
state of being adequately rewarded in a buying situation for the sacrifices he has made one
the customer purchase & use the product they may then become either satisfy or dissatisfied.




The result of satisfaction to customer form the purchase of the product or services is that
more favourable post-purchase attitude, higher purchase intention & brand loyalty to be
exhibited that the same behavior is likely to be exhibited in a similar purchasing situation.
The term ‘consumer’ is a typically used to refer to someone who regularly purchase from a
particular store or company.




Customers are people who are happy with the product & services & are willing to come back
& pay for it again.




Today the firms aim to give satisfaction to the customer through marketing concepts. The
firm try to help the buyers in the solving the problem then competitors. The marketers must
see that consumers with purchasing power constitute a potentials buyers are identified. It is
essential for the marketer to carry out the business in such a way that they give satisfaction to
consumers needed. When a firm markets a product or service it should aim to enjoy
consumer’s satisfaction & profit maximization.




                                                                                                    21
CONSUMER RESEARCH:-

Consumer research is the methodology used to study consumer behavior research offer set
diverse to identify consumer needs it is used to identify both felt & unfelt needs, to learn how
consumers. Perceive product & brand & stores. What their attitudes are before and after
promotional campaigns & how & why they make their consumption decision.




                                                                                                   21
CHAPTER-3



MARKETING
RESEARCH




               21
MARKETING RESEARCH:-

Marketing research plays an important role in the process of marketing. Starting with market
component of the total marketing talks. It helps the firm to acquire a better understanding of
the consumers, the competition and the marketing environment.



DEFINITION

“Marketing research is a systematic gathering, recording and analysis marketing problem to
facilitate decision making.”

                                                                 - Coundiff & Still.

“Marketing research is a systematic problem analysis, model building and fact finding for the
purpose of important decision making and control in the marketing of goods and services.

                                                                       Phillip Kotler



MAIN STEPS INVOLVED IN MARKETING RESEARCH



   Defining the Marketing Problem to be tackled and identifying the market research
   problem involved in the task.

       (1) Define the problem and its objectives.
       (2) Identify the problem.
       (3) Determine the information needed.
       (4) Determine the sources of information.
       (5) Decide research methods.
       (6) Tabulate, Analyze and interpret the data.
       (7) Prepare research report.
       (8) Follow-up the study.




                                                                                                 21
1) Define the problem and its objectives :- This includes an effective job in planning and
designing a research project that will provide the needed information. It also includes the
establishment of a general framework of major marketing elements such as the industry
elements, competitive elements, marketing elements and company elements.



2)Identify the problem :- Identifying the problem involves getting acquainted with the
company, its business, its products and market environment, advertising by means of library
consultation and extensive interviewing of company’s officials.



3)Determining the specific Information needed :- In general the producer, the
manufacturer, the wholesaler and the retailer try to find out four things namely :-
               (1)   What to sell
               (2)   When to sell
               (3)   Where to sell


4) Determine the sources of information :-

    Primary Data :- Primary datas are those which are gathered specially for the project at
   hand, directly – e.g. through questionnaires & interviews. Primary data sources include
   company salesman, middleman, consumers, buyers, trade association’s executives &
   other businessman & even competitors.
    Secondary Data :- These are generally published sources, which have been collected
   originally for some other purpose. Source are internal company records, government
   publication, reports & publication, reports & journals, trade, professional and business
   associations publications & reports.




                                                                                              21
5) Decide Research methods for collecting data: - If it is found that the secondary data
cannot be of much use, collection of primary data become necessary. Three widely used
methods of gathering primary data are :-
               A) Survey

               B) Observation

               C) Experimentation




A) Survey Method: - In this method, information gathered directly from individual
respondents, either through personal interviews or through mail questionnaires or telephone
interviews.

B) Observation Method: - The research data are gathered through observing and recording
their actions in a marketing situation. This technique is highly accurate. It is rather an
expensive technique.

C) Experimental Method: - This method involves carrying out a small scale trial solution
to a problem, while at the same time, attempting to control all factors relevant to the problem.
The main assumption here is that the test conditions are essentially the same as those that will
be encountered later when conclusions derived from the experiment are applied to a broader
marketing area.

D) The Panel Research:- In this technique the same group of respondents is contacted for
more then one occasion; and the information obtained to find out if there has been any in
their taste demand or they want any special quality, color, size, packing in the product.

              a) Preparation of questionnaire

               b) Presetting of questionnaire
               c) Planning of the sample




                                                                                                   21
6) Tabulate, Analysis and Interpret the Data:-

   The report must give/contain the following information:
 a) The title of research

 b) The name of the organization for which it has been Conducted

 c) The objectives of research
 d) The methodology used
 e) Organization and the planning of the report
 f) A table of contents along with charts and diagrams used in the reports
 g) The main report containing the findings
 h) Conclusion arrived at end recommendations suggestions



7) Follow-up the study :-

The researchers, in the last stage, should follow up this study to find if his recommendation
are being implemented and if not, why.




                                                                                                21
CHAPTER-4



 RESEARCH
METHODOLOGY




                21
RESEARCH METHODOLOGY:-

   RESEARCH PROBLEM
   Seek the general perception of consumer towards Sifti Ghee
   To know the consumer psyche and their behaviour towards Sifti Ghee.


       OBJECTIVE OF THE RESEARCH
   To know the relationship of sales with the advertisement.
   To know awareness of people towards Sifti Ghee.
   To know which advertisement tool is mostly preferred by people.
   To know the preference of Sifti Ghee with comparison to
       Other competitive brands .

   To know the factors which affects consumer’s buying behaviour
      to purchase ghee.

Information requirement
  •    First, I had to know about all the competitors present in the ghee
      segment (Reputed and well established brands as well as Local brands).

  •    Before going for the survey I had to know the comparative packs and
      prices of all the competitors existing in the market.

  •    Since Ghee & ghee is a product that used daily hence I had to trace the market and
       segment it, which mainly deals with people of various age groups.
  •    The main information needed is the various types of brands available in the market,
       their calorific value and various other facts.

  •    As Sifti Ghee advertisements are mainly done through hoardings but on television the
       advertisement is being telecasted timely and on the proper time or not.




                                                                                              21
 RESEARCH DESIGN
   A Research design specifies the methods and procedures for conducting a particular
   study. It is a map (or) blue print to which the research is to be conducted. Descriptive
   research design has been considered as a suitable methodology for present study and
   for data analysis.


 SAMPLING DESIGN
   The sampling design used was Convenience sampling, which is a non-probability
   sampling method. The convenience factors were the availability and approachability
   of the respondents.


 POPULATION
   All types of outlets that stock and sell Sifti Gheein the markets. The outlets have been
   classified into as follows


 Convenience stores: All kinds of shops including bakeries


 Eateries: all kinds of eating joints




 PLACES OF STUDY
   The study was conducted in the retail outlets in Raipur in the following areas


 i. Amlidih.


 ii. New Rajendra Nagar.


 iii. Katora Talab.


 iv. Priyadarshini Nagar.


 v. Shailendra Nagar.


                                                                                              21
 vi. Byron Bazar.


 vii. Budhapara.


 viii. Golbazar.


 ix. Telibandha.


 x. Bramhpuri.


 xi. Kankali Para.


 xii Lakhe Nagar.


 xiii. Santoshi Nagar.


 xiv. Purani Basti.


 xv. Sanjay Nagar.


 xvi. Sundar Nagar.


 xvii. Dagania.


 xviii.Deen Dayal Upadhyay Nagar.


 xix. Anand Nagar.




                                     21
SOURCES OF DATA
 Primary sources
    The primary data was collected through questionnaires. They were filled using the
    scheduled method of data collection by the researcher.
 Secondary sources
    The secondary sources were used only for collecting information regarding the
    sample; they were however not used for analysis


LIMITATIONS OF THE RESEARCH :-
 The limitations of the research were as follows
    Lack of proper experience on the part of the researcher in conducting such
    studies in the past.
 Time frame required was not enough to survey more number of outlets.


    ANALYSIS TECHNIQUES


 Quantitative analysis is performed using the data collected at each outlet to
    estimate the presence of Sifti Ghee.
 Tools Utilized
 Percentage Analysis
 Graph Chart




                                                                                        21
SAMPLING



1. Sampling Technique             :      Non probability sampling
                                      (A non probability sampling technique is
                                      that in which each element in the
                                      population does not have an equal
                                      chance of getting selected)


2. Sample Unit                    :      People who buy ghee available
                                         in retail outlets, superstores, etc

3. Sample size            :           100 respondents (Age ranging
                                      Between 18 yrs to 65 yrs)


4. Method                         :      Direct interview through questionnaire.



5. Data analysis method           :      Graphical method.



6. Area of survey             :        Amritsar District



7. Timing of survey               :     9.00 am to 5.30 pm.




                                                                                   21
FIELD WORK- METHOD USED FOR DATA COLLECTION



  •   Questionnaire was prepared keeping the objective of research in mind.


  •   Questions were asked to respondents as regards to their willingness to purchase ghee.


  •   The help of questionnaires conducted direct interviews, in order to get accurate
      information.


  •   In order to get correct information I had to approach consumers ranging from 15 yrs
      to 65 yrs.


  •   I visited as many respondents as I can and asked them their real likings about any
      ghee and also got an idea.


  •   It is really a Herculean task to understand Consumer Behaviour, as the definition
      suggest, “Consumer behaviour is a physical activity as well as decision process
      individual engaged in when evaluating, acquiring, using and disposing goods and
      services”.




                                                                                              21
CHAPTER-5



     DATA
   ANALYSIS
      AND
INTERPRETATION




                 21
DATA ANALYSIS AND INTERPRETATION:-

         The collected data were not easily understandable, so I like to analyze the collected
data in a systematic manner and interpreted with simple method.

         The analysis and interpretation of the data involves the analyzing of the collected data
and interpretation it with pictorial representation such as bar charts, pie charts and others.




GENDER:

         Gender play vital role in purchase decisions. Gender classified on sex basis i.e. male
and female. Gender classification is requiring to marketer because different gender exhibits
different perception towards products. In classification of gender the following number is
used to know their perception.




                 Classification of Customers Based On Sex

Sex                          No. of respondents           Percentage %



3                            35                           35

Female                       65                           65

Total                        100                          100



                            Sources: Primary Data

                                  Table: 5.1




                                                                                                    21
INTERPRETATION:

         35% of the respondents are male and 65% of the respondents are female. From the
above table we can conclude that, the majority of the respondents were belongs to female
group.




                 CLASSIFICATION OF CUSTOMERS
                         BASED ON SEX

         80

         60

         40                                                    Male
                                             65                Female
         20            35
 N
 R
 o
 d
 n
 p
 e
 s
 t
 f
 .




          0
                     Male                Female


                             Graph no: 5.1




                                                                                           21
OCCUPATION:

         Occupation is also influences a person’s consumption pattern. A blue collar worker
will buy work clothes, work shoes and lunch boxes. Similarly the Sifti Ghee and Ghee
products are purchased by various occupants. The following occupants of the respondents are
classifies for the data collection.




                Analysis of Occupation of the Respondents

Occupation                        No. of. respondents         Percentage

                                                              %

Business                          20                          20

Employee                          10                          10

House wife                        65                          65

Others                            05                          05

Total                             100                         100




                       Sources: Primary Data

                           Table No: 5.2




                                                                                              21
INTERPRETATION:

    20% of the respondents are businessmen, 10% of the respondents are employees, and
65% of the respondents are house wives, 05% of the respondents are others group.




                                                                                        21
INCOME:

        Income decided the purchasing power of the customer. If the income is high then,
they go for high quality irrespective of price of the product. Hence in this research I like to
collect the data how income is influence to purchase Sifti Ghee.




               Analysis of Monthly Income of the Respondents

Monthly income                  No. of respondents                 Percentage %



Below 5000                      38                                 38

5001-10000                      30                                 30

10001-15000                     21                                 21

15001 & above                   11                                 11

Total                           100                                100



                        Sources: Primary Data

                                Table No: 5.3




                                                                                                  21
INTERPRETATION:

       As per the data 38% of the respondents earn per month below 5000, 30% of the
respondents earn 5001 to 10000, 21% of the respondents earn above 10001 to 15000. 11% of
the respondents earn 15000 & above. From the above table we can conclude that majority of
the respondents’ monthly income group of below 5000 and more than 5000 to 10000.




                                        GRAPH NO: 5.3




                                                                                            21
PURCHASING FACTOR:

                    Identification of various factors plays a vital role in consumer behavior
study. The various factors such as quality, price easy available etc. is influencing lot and
influences positively. The following data reveals how various factors are influencing to
buying of Sifti Gheeand Ghee products.




                    Analysis of Factors to Buy SIFTI Ghee

Factors                           No. of Respondents            Percentage %

Quality                           38                            38

Brand image                       28                            28

Price                             20                            20

Easy availability                 14                            14

Others                            Nil                           Nil

Total                             100                           100

`

                         Source: Primary Data




                                                                                                21
ANALYSIS OF FACTORS TO BUY AMUL MILK
               40     38
               35
respondents




               30               28
               25
   No. of




               20                        20
               15                                    14
               10
                5
                0
                    Quality   Brand     Price   availability
                              image

                              Factors


                       Graph No. 5.4




                                                               21
Interpretation:

         38% of respondents buying Sifti Gheefor its Good Quality, 28% of respondents use
for its Band Name,20% of its Price consideration, 14% of its easy availability of respondents
buying Sifti Ghee& Ghee products.




Respondents Consumption Quality:

         Consumption quality is varying with various respondents. Some of customer they buy
less quantity and some them huge quantity depends upon requirement and number of people
in their houses. The data is collected to know the various consumption patterns.




                Analysis of Consumption of Average Ghee per Day

Consumption                     No. of Respondents              Percentage (%)

1 kg                            70                              70

2-4 kg                          10                              10

More than 4 kg                  20                              20

Total                           100                             100

                              Sources: Primary Data




                          Table no: 5.5




                                                                                                21
Analysis of Average Consumption of Milk Per Day

                             70
No. of Respondents   70
                     60
                     50
                     40
                     30
                                                         20
                     20
                                           10
                     10
                      0
                          1 LITRE     2-4 LITRES MORE THAN
                                                  4 LITRES
                                     Consumption



                                    Graph no.5.5




                                                                            21
INTERPRETATION:

        70% of the respondents are consuming one litre per day. 10% of the respondents are
consuming two to four litres per day. 20% of the respondents are consuming more than four
litres per day.

        From the above table we can conclude that majority of the respondents were
consuming one litre per day.




PURCHASE DURATION:

        Repeat purchase will help to know what customer loyalty towards Sifti Ghee& Ghee
products. When consumer repeatedly purchases the product, it is understood that they are
satisfied with the products. The following data show the various statuses of the respondents.




                  Analysis of Purchase Duration of the Sifti Ghee

Duration                        No. of Respondents              Percentage (%)

6 Months                        05                              05

1-2 Years                       15                              15

3-4 Years                       20                              20

More than 4 years               60                              60

Total                           100                             100

                               Sources: Primary Data

                                 Table no: 5.6




INTERPRETATION:



                                                                                                21
As per the data gathered, out of 100 respondents, 05% of the respondents buying since
last six months, 15% of the respondents from one to two years, 20 % of the respondents from
three to four years, 60% of the respondents buying Sifti Ghee& Ghee products from more
than four years.

       From the above table we can conclude that majority of the respondents consuming
Sifti Ghee& Ghee products more than four years.




                                 Analysis of Purchase Duration of the Milk Products

                                    60                                     60
                                    50
                                    40
             No.of Respondents




                                    30
                                    20                             20
                                                       15
                                    10       5
                                     0
                                           6     1-2   3-4 More
                                         Months Years Years than 4
                                                             years
                                                    Consumption



                                                   Graph no: 5.6




                                                                                               21
OPINION TOWARDS PRODUCT:



        The behaviour of users after his commitment to a product has been collected with
respect product and terms of satisfaction with rating scale. The following are the data
obtained related to SIFTI Ghee.




                   Analysis of Rating towards SIFTI Ghee.

Ratings                           No. of Respondents        Percentage (%)

Excellent                         25                        25

Good                              48                        48

Average                           22                        22

Poor                              05                        05

Total                             100                       100



                             Source: Primary Data

                                   Table no: 5.7




                                                                                           21
INTERPRETATION:

                  25% of the respondents rated that Sifti Ghee& Ghee products are Excellent. 48% of
the respondents rated as good, 22% of the respondents rated as Average Quality. 05% of the
respondents rated that Sifti Ghee& Ghee products are Poor.

                  From the above table we can conclude that majority of the respondents rated Sifti
Ghee& Ghee products are of Good Quality.




                                 Analysis of Rating towards Amul Milk Products


                        50
                        45
                        40
    No.of Respondents




                        35
                        30
                        25                 48
                        20
                        15
                                25                       22
                        10
                         5
                                                                  5
                         0
                             Excellent   Good       Average      Poor
                                                Rating



                                           Graph no.5.7




                                                                                                      21
VALUE FOR THE MONEY:

        Consumers always think while paying price to the products such as how much we are
paying towards products and how much we are getting. This data is gathered to know what
value they are receiving from the Sifti Ghee.




           Analysis of Value for Money Paid by the Respondents

Response                        No. of Respondents           Percentage (%)

Yes                             96                           96

No                              04                           04

Total                           100                          100



                              Sources: Primary Data




                                  Table no: 5.8




                                                                                            21
INTERPRETATION:

       96% of the respondents feel that they get the value for money they paid. Only 04% of
the respondents feel that they are not getting the value for money what they paid.

       From the above table we can conclude that majority of the respondents are agreed that
they are getting the value for money they paid.




             Analysis of Value For Money Paid By
                        The Consumers
                   100           96

                   80
     Respondents




                   60
        No. of




                   40

                   20
                                                           4
                    0
                               Yes                      No
                                        Response



                                     Graph no: 5.8




                                                                                               21
INFLUENCE TO OTHER TO BUY PRODUCTS:

        Post experience & benefits will help organization in obtaining the additional sale. In
this connection feedback its act as an influence to others to adopt the product the user survey
has conducted to identify what an extent user recommends to others. The data has been
extracted & it is as follows.




                                Analysis of Recommendations

Recommended                      No. of Respondents              Percentage (%)

Yes                              97                              97

No                               03                              03

Total                            100                             100



                                Sources: Primary Data

                                  Table no: 5.9




                                                                                                  21
INTERPRETATION:

       97% of the respondents were recommended Sifti Ghee and, 03% of the respondents
were not recommended Sifti Ghee and products to others.

        From the above table we can conclude that majority of the respondents were
recommended Sifti Ghee




                                  Analysis of Recommendations
                                        97
                            100
        No.of Respondents




                             80
                             60
                             40
                             20
                                                                3
                              0
                                      Yes                   No
                                                opinions



                                            Table no: 5.9




                                                                                        21
INTERPRETATION:


       97% of the respondents were satisfies with the Sifti Ghee. 03% of the respondents
were not satisfies with the Sifti Ghee.

       From the above table we can conclude that majority of the respondents were satisfied
with the Sifti Ghee.




                                                                                              21
CHAPTER-6



 FINDINGS,
SUGGESTION
   AND
CONCLUSION



                21
FINDINGS:-



   First I would like to present my survey findings. The main findings of my survey are as
   follows:

1. It is findings in the survey that females are the main decision maker for the ghee. As per the
   data, 65% of female and 35% of male makes purchase decision.
2. Based on the occupation of the customer, it is found in the survey that 65% are the
   housewives and 35% are from various occupations such as a businessman, employee etc for
   the Sifti ghee.
3. Incomes less than 5000 to 10000 are more attracted to Sifti ghee. As per the data, 79% of the
   respondents’ income is under this group.
4. The main purchasing factors for the Sifti Ghee are Quality and Brand image. The data reveals
   that 42% influences on Quality and 32% influenced for the Brand.
5. 88% of the total respondents are using product since from a long time. The majority of the
   respondents are using Sifti ghee & Ghee products from more than 3 years.
6. 96% the respondents think that purchasing Sifti ghee is value for the money i.e. Sifti Gheeis
   valuable product for them.
7. It is found in the survey that customer are influencing through Word of Mouth.




                                                                                                    21
SUGGESTIONS:

1. Ghee purchasing decisions are more decided by women rather than male, because she act as a
   invigilator, execute her decision and influence the same to the purchase while ascertaining the
   quality, freshness and price. Hence, I suggest GCMMF to concentrate more on the women
   and men suggestions for designing the marketing strategy, because women’s role in the house
   is dominant, even in the various decisions.
2. Occupation of the user influences the purchase decisions. The particular occupation plays a
   vital role in deciding the product or services. Women segment are influencing more on ghee.
   Therefore, an occupation is the factor influencing the product.
3. Income of the people decides the purchasing power. The high income prefers to purchase
   product with the quality, freshness, thickness, etc. and vice versa. So I suggest Sifti to
   concentrate also on low income segment to capture market and position themselves in the
   minds of the customer with required quality and quality ghee.
4. Since Sifti is having loyal customers and therefore should concentrate more on this factor
   through various potential programmes such as campaign, premium packs, offers etc., this
   helps to increase the loyalty towards the Sifti products.
5. Ghee is having high demand and it is considered as a very essential products. In present
   practice, purchase of ghee is through dealers. In this connection dealers approach towards the
   product.
6. Customer is influential, hence I suggest Sifti to look after the dealers issue with due care.
7. When product possesses quality and other important attributes naturally they propaganda
   about product through word of mouth and vice versa. Therefore if the quality and attributes
   are fine tuned according to the needs will help the Sifti to get reputation and addition market.
8. Introduction of various economic products lies may help Sifti to attract the existing and new
   customers and may attract all income level groups. Hence I suggest management to introduce
   new product line which can satisfy the entire group.




                                                                                                      21
CONCLUSION:-

      From the survey conducted it is observed that Sifti Ghee 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 Ghee are freshness, taste,
      thickness and availability.

      Finally I conclude that, majority of the customers are satisfied with the SIFTI Ghee
      and Ghee products because of its good quality, reputation, easy availabilities. Some
      customers are not satisfied with the SIFTI Ghee because of high price, lack of dealer
      services, spoilage and low shelf life etc. therefore, if slight modification in the
      marketing programme such as dealers and outlets, promotion programmers, product
      lines etc., definitely company can be as a monopoly and strong market leader.

Sifti has also to take care of its competitors into consideration and more importantly its
customers before making any move.




                                                                                                21
CHAPTER-7



SWOT ANALYSIS
OF SIFTI GHEE &
    GHEE:-




                  21

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Sifti desi ghee MBA project

  • 1. A PROJECT REPORT ON “CONSUMER BEHAVIOR & SATISFACTION” SUBMITTED TO PUNJAB TECHNICAL UNIVERSITY, JALANDHAR In partial fulfillment of the requirement for the degree of MASTER IN BUSINESS ADMINISTRATION (MBA) BATCH (2011-2013) D.A.V INSTITUTE OF ENGINEERING & TECHNOLOGY JALANDHAR SUPERVISED BY:- SUBMITTED BY:- ANJU MAHAJAN SAHIL MARWAHA (lecturer) Univ. Roll No:-11706138 21
  • 2. DECLARATION I, Sahil marwaha student of Master Of Business Administration from DAV Institute Of Engg & Technology, Jalandhar declare that I have completed dissertation on“CONSUMER BEHAVIOR & SATISFACTION.”as part of the course requirement.I further declare that the information presented in this project is true and all collected information is authentic to the best of my knowledge. Sahil Marwaha 21
  • 3. CERTIFICATE I, Akshay Aneja hereby certify that Sahil Marwaha student of masters of Business Administration at DAV Institute Of Engg & Technology, Jalandhar has completed dissertation on“CONSUMER BEHAVIOR & SATISFACTION.” Under my guidance. AKSHAY ANEJA MANAGER 21
  • 4. PREFACE Today the business environment is rapidly changing in this competitive environment the popular trend is also striving for maintaining its positions therefore it become essential for the companies that they should know about their preference & taste. Regarding a particular product it is of almost necessary to know the consumers satisfaction to the value offered by the company in case of dissatisfactory result it is essential to as certain whether the dissatisfaction is for entire product or part of it is and what value do the consumers expect from it? The research will provide the relevant information to the organization about consumer’s attitude towards there products & services. The research work is sincere effort to find out the ultimate requirement of consumers for the betterment of research as well as the organization. 21
  • 5. ACKNOWLEDGEMENT Management study is incomplete without practical experience. Being an MBA student, I know that creativity and practical both are essential element of Management to take the successful decision. I feel great honour to thanks Dr.Sonia Chawla and Anju Mahajan (Lecturer) for her valuable guidance, constructive criticism as well as supervision and encouragement throughout which proved invaluable during our report work. SAHIL MARWAHA 21
  • 6. INDEX CHAPTER PAGE NO. NO. TITLE Executive Summary 10 1. General Introduction • Introduction & History 12 • Profile of the Industry 19 • Product Profile 23 2. About the Topic • Consumer Behaviour 25-27 • Consumer Satisfaction 28 3. Marketing Research 30-34 4. Research Methodology 35-41 5. Data Analysis And Interpretation 42-57 6. Findings, Suggestion & Conclusion 58-61 7. SWOT Analysis 62 8. Annexure: 63-66 a) Bibliography & Webliography b) Questionnaire 21
  • 7. LIST OF THE TABLE Table no. Contents Page no. 5.1 Classification of Customers Based On Sex 43 5.2 Analysis of Occupation of the Respondents 45 5.3 Analysis of Monthly Income of the Respondents 46 5.4 Analysis of Factors to Buy Sifti Ghee 48 5.5 Analysis of Consumption of Average Ghee per Day 49 5.6 Analysis of Purchase Duration of Sifti Ghee 51 5.7 Analysis of Rating Towards Sifti Ghee& Ghee 53 products 5.8 Analysis of Value for Money Paid by the 55 Respondents 5.9 Analysis of Recommendations 56 LIST OF THE GRAPHS 21
  • 8. Graph no. Contents Page no. 5.1 Classification of Customers Based On Sex 44 5.2 Analysis of Occupation of the Respondents 45 5.3 Analysis of Monthly Income of the Respondents 47 5.4 Analysis of Factors to Buy Sifti Ghee 48 5.5 Analysis of Consumption of Average Ghee per 50 Day 5.6 Analysis of Purchase Duration of Sifti Ghee 52 5.7 Analysis of Rating Towards Sifti Ghee 54 5.8 Analysis of Value for Money Paid by the 56 Respondents 5.9 Analysis of Recommendations 57 EXECUTIVE SUMMARY 21
  • 9. The main objective of summer training was given by the Management of Sifti.The objective was “CONSUMER BEHAVIOR & SATISFACTION.” I started my summer training on 22nd of May. And during summer training I had to report at the organization at sharp 10:30am and was asked to work till 6:30 pm. First 15 days I spent on various marketing activities like I had visited near about 50 retail shops to know there view & consumer behaviour towards Sifti Ghee. And also collects detail about the competitors there offers & profit margin. After that next few days I went with distributors in the morning 9:00 am to know how distribution channel works. And then at last I worked with questionnaire a sample size of 100 respondents was taken for the study whose responses were studied and interpreted .The sampling design was used convenience sampling. The process of analysis was done through excel work sheets, frequency table, percentage analysis etc. During the preparation of questionnaire I faced difficulties regarding the selection of questions and in collection of the data I found some difficulties like the customers had no time to give. There is one thing that I have found that the peoples working at SIFTI are very much helpful in all areas. Every time they come to me and told me that they are available at any time for me for anything, which really boost me and motivates me towards my goal and objectives. The culture of SIFTI is very much friendly. I completed my project on 2nd of july & during the project I have achieved my all objectives of my project. 21
  • 10. CHAPTER-1 INTRODUCTION AND HISTORY INTRODUCTION AND HISTORY 21
  • 11. Dairy products have been part of the human diet since time immemorial. They play an important role in a healthy diet, both for nutritional value and personal enjoyment. Milk and milk products naturally provide 15 essential nutrients for normal growth and for the maintenance of good health. In addition to its unique nutritional value, milk is fortified with vitamin D. Consumed alone or in recipes, dairy products provide unparalleled taste, texture, versatility and variety. Established in 1991, Aneja Food Products is a leading manufacturer and exporter of a wide range of dairy products such as Desi Ghee, Whole Milk Powder (WMP), Skimmed Milk Powder, Dairy Mix, etc. Business Principles Aneja Food Products insists on honesty, integrity and fairness in all aspects of its business and expects the same in its relationships be it with customers or suppliers. This attitude of ours has earned us the trust and respect of all people with whom we do business, and are regarded as a reputed company in many countries across the globe. Products We, Aneja Food Products, continuously focus our efforts to effectively understand the changing lifestyles of people and anticipate consumer needs in order to provide taste, nutrition, health and wellness through our product offerings. The products are available under the brand name of Sifti. Our company is engaged in the manufacture and export of the following dairy products: • Desi Ghee • Whole Milk Powder (WMP) • Skimmed Milk Powder • Dairy Mix. 21
  • 12. Quality Quality has always been of the foremost consideration with Aneja Food Products' management team. Our Quality process begins from the milk procurement stage and continues till the product finally reaches the consumer. We have entered into a contract farming agreement with various milk corporations to procure tonnes of milk directly from the farmers. This step has enabled us to be able to present the entire value chain of the products and this ensures consistency in quality. Owing to this our products have been accredited with ISO 9001:2000 certificate. The products have been also endowed ISI Mark. Infrastructure We have world-class state-of-the-art plants, with production capacity of 1000 tonnes per month. These plants are fully automated through the entire chain, right from the initial stages of processing to the packaging of the final products. At Aneja Food Products the production facility is fully computer-aided, with advanced camera system to detect impurities and to maintain quality. 21
  • 13. Market Reach Our coordination with preferred freight forwarders makes worldwide shipments smooth and timely. These above mentioned reasons have fetched Aneja Food Products a considerable market share nationally as well as internationally. Our products are regularly exported to Egypt, Bangladesh, Thailand and Hong Kong. We are the preferred choice of many reputed hotels and canteens all over the country. PEOPLE POWER: SIFTI SECRET OF SUCCESS The system succeeded mainly because it provides an assured market at remunerative prices for producers' Ghee besides acting as a channel to market the production enhancement package. What's more, it does not disturb the agro-system of the farmers. It also enables the consumer an access to high quality Ghee and Ghee products. Contrary to the traditional system, when the profit of the business was cornered by the middlemen, the system ensured that the profit goes to the participants for their socio-economic upliftment and common good. Looking back on the path traversed by SIFTI, the following features make it a pattern and model for emulation elsewhere. 21
  • 14. Plants: First plant is at AMRITSAR, which engaged in the manufacturing of Ghee, butter, ghee, Ghee powder, flavoured Ghee and butterGhee. 21
  • 15. Second plant is at KATHUA, which engaged in manufacturing chocolate, nutrSifti, Sifti Ganthia and SIFTI lite. Third plant is at CHENNAI, which produces cattelfeed. 21
  • 16. Today, five dairies are producing different products under the brand name Sifti. Today Sifti dairy is no. 1 dairy in punjab, which is matter of proud for Punjab. 21
  • 17. PRODUCT PROFILE:- S.No. NAME TYPE FAT SOLID NATURAL FATS 1. Desi ghee Toned ghee 3.0% min. 8.5% min. 2. Whole Ghee Double Toned Ghee 1.5% min. 9% min. powder(WMP) 3. Dairy Mix Full Cream Ghee & 6% min. 9% min. ghee 21
  • 19. ABOUT THE TOPIC:- CONSUMER BEHAVIOUR:-  It is defined as all psychological, social and physical behavior of potential customers as they become aware, evaluate, purchase, consume, and tell to others about product and services.  Buying behavior involves both individual ( psychological) and group process. o Buyer behavior is reflected from awareness right through post purchase evaluation indicating satisfaction and non satisfaction , from purchaser o Buyer behavior includes communication, purchasing and consumption behavior o Consumer behavior is basically social in nature hence the social factors play important roles in shaping buying behavior o Buyer behavior includes both customer and industrial behavior. “Hence consumer behavior is an orderly process whereby the consumer interacts with the environment for making a purchase decision on products “ CONSUMER BEHAVIOR AND MARKETING MANAGEMENT Marketing managements work around consumers which is actually the market for them  Understanding their behavior is very vital in every segment to plan marketing activities accordingly.  Both industrial and individual customers are vital in marketing management 21
  • 20. DIVERSITY OF CONSUMER BEHAVIOR:-  customer and consumer words are referred as synonyms but the difference exists  customer - the purchaser of product or service , may or may not be the end user  consumer- the end user , may or may not be the purchaser  new age of business demands differentiation of customers by individual differences in consumer expectations, preferences and influences.  Firms need to go into deep of consumer behavior to analyze and act to achieve objectives CONCEPT & NEED FOR STUDYING CONSUMER BEHAVIOR:- Consumer behavior can be said to be the study of how individual make decision on how to spend their available resources (time, money, effort) on various consumption related items. This simple definition of consumer behavior tells the markets to resolve every activity around the ultimate consumers & gauge their behavior by specially focusing on:  Who buys products or services?  How do they buy products or services?  Where do they buy them?  How often they buy them?  Why do they buy them?  How often they use them? These questions will help in understanding better what factors influences the decision making process of the customers. The decision making process identifies the number of people who are involve in this process & describes a role to them like users, decides, influences & buyers. 21
  • 21. It is believed that consumers or customers make purchase decision on the basis of receipt of a small number of selectivity chosen pieces of information. Thus it will be very important to understand what & how mush them to evaluate the goods & services offerings. CONSUMER DECISION MAKING PROCESS:-  Stimuli- need, reasons, influences, gathering information  Information processing- process , analyze information about product  Decision making - on the basis of analysis , decision to go for  Response- response to buy without any prejudice FACTOR INFLUENCING BUYING BEHAVIOR:-  Individual factors  Cognitive thinking process – perception , attitudes , Needs/motives  Personal characteristics – demography, lifestyles ,personal traits  Environmental factors  Culture- values ,beliefs, sub cultural / cross cultural factors  Social class- social class , society  Influence groups – family, opinion leaders, reference group  Situational variables – purchase occasion , market communication, shopping  behavior, price , sales influence , product position 21
  • 22. CONSUMER SATISFACTION:- All business firms have realized that marketing is a core element of management philosophy & the key to its success lies in focusing more & more on the customers. That is, it will be the customer who will decide where the firm is heading. Thus the challenge before the marketer is to ensure that they should satisfy every customer. Satisfaction is an important element in the evaluating stage. Satisfaction refers to the buyers state of being adequately rewarded in a buying situation for the sacrifices he has made one the customer purchase & use the product they may then become either satisfy or dissatisfied. The result of satisfaction to customer form the purchase of the product or services is that more favourable post-purchase attitude, higher purchase intention & brand loyalty to be exhibited that the same behavior is likely to be exhibited in a similar purchasing situation. The term ‘consumer’ is a typically used to refer to someone who regularly purchase from a particular store or company. Customers are people who are happy with the product & services & are willing to come back & pay for it again. Today the firms aim to give satisfaction to the customer through marketing concepts. The firm try to help the buyers in the solving the problem then competitors. The marketers must see that consumers with purchasing power constitute a potentials buyers are identified. It is essential for the marketer to carry out the business in such a way that they give satisfaction to consumers needed. When a firm markets a product or service it should aim to enjoy consumer’s satisfaction & profit maximization. 21
  • 23. CONSUMER RESEARCH:- Consumer research is the methodology used to study consumer behavior research offer set diverse to identify consumer needs it is used to identify both felt & unfelt needs, to learn how consumers. Perceive product & brand & stores. What their attitudes are before and after promotional campaigns & how & why they make their consumption decision. 21
  • 25. MARKETING RESEARCH:- Marketing research plays an important role in the process of marketing. Starting with market component of the total marketing talks. It helps the firm to acquire a better understanding of the consumers, the competition and the marketing environment. DEFINITION “Marketing research is a systematic gathering, recording and analysis marketing problem to facilitate decision making.” - Coundiff & Still. “Marketing research is a systematic problem analysis, model building and fact finding for the purpose of important decision making and control in the marketing of goods and services. Phillip Kotler MAIN STEPS INVOLVED IN MARKETING RESEARCH Defining the Marketing Problem to be tackled and identifying the market research problem involved in the task. (1) Define the problem and its objectives. (2) Identify the problem. (3) Determine the information needed. (4) Determine the sources of information. (5) Decide research methods. (6) Tabulate, Analyze and interpret the data. (7) Prepare research report. (8) Follow-up the study. 21
  • 26. 1) Define the problem and its objectives :- This includes an effective job in planning and designing a research project that will provide the needed information. It also includes the establishment of a general framework of major marketing elements such as the industry elements, competitive elements, marketing elements and company elements. 2)Identify the problem :- Identifying the problem involves getting acquainted with the company, its business, its products and market environment, advertising by means of library consultation and extensive interviewing of company’s officials. 3)Determining the specific Information needed :- In general the producer, the manufacturer, the wholesaler and the retailer try to find out four things namely :- (1) What to sell (2) When to sell (3) Where to sell 4) Determine the sources of information :- Primary Data :- Primary datas are those which are gathered specially for the project at hand, directly – e.g. through questionnaires & interviews. Primary data sources include company salesman, middleman, consumers, buyers, trade association’s executives & other businessman & even competitors. Secondary Data :- These are generally published sources, which have been collected originally for some other purpose. Source are internal company records, government publication, reports & publication, reports & journals, trade, professional and business associations publications & reports. 21
  • 27. 5) Decide Research methods for collecting data: - If it is found that the secondary data cannot be of much use, collection of primary data become necessary. Three widely used methods of gathering primary data are :- A) Survey B) Observation C) Experimentation A) Survey Method: - In this method, information gathered directly from individual respondents, either through personal interviews or through mail questionnaires or telephone interviews. B) Observation Method: - The research data are gathered through observing and recording their actions in a marketing situation. This technique is highly accurate. It is rather an expensive technique. C) Experimental Method: - This method involves carrying out a small scale trial solution to a problem, while at the same time, attempting to control all factors relevant to the problem. The main assumption here is that the test conditions are essentially the same as those that will be encountered later when conclusions derived from the experiment are applied to a broader marketing area. D) The Panel Research:- In this technique the same group of respondents is contacted for more then one occasion; and the information obtained to find out if there has been any in their taste demand or they want any special quality, color, size, packing in the product. a) Preparation of questionnaire b) Presetting of questionnaire c) Planning of the sample 21
  • 28. 6) Tabulate, Analysis and Interpret the Data:- The report must give/contain the following information: a) The title of research b) The name of the organization for which it has been Conducted c) The objectives of research d) The methodology used e) Organization and the planning of the report f) A table of contents along with charts and diagrams used in the reports g) The main report containing the findings h) Conclusion arrived at end recommendations suggestions 7) Follow-up the study :- The researchers, in the last stage, should follow up this study to find if his recommendation are being implemented and if not, why. 21
  • 30. RESEARCH METHODOLOGY:-  RESEARCH PROBLEM  Seek the general perception of consumer towards Sifti Ghee  To know the consumer psyche and their behaviour towards Sifti Ghee. OBJECTIVE OF THE RESEARCH  To know the relationship of sales with the advertisement.  To know awareness of people towards Sifti Ghee.  To know which advertisement tool is mostly preferred by people.  To know the preference of Sifti Ghee with comparison to Other competitive brands .  To know the factors which affects consumer’s buying behaviour to purchase ghee. Information requirement • First, I had to know about all the competitors present in the ghee segment (Reputed and well established brands as well as Local brands). • Before going for the survey I had to know the comparative packs and prices of all the competitors existing in the market. • Since Ghee & ghee is a product that used daily hence I had to trace the market and segment it, which mainly deals with people of various age groups. • The main information needed is the various types of brands available in the market, their calorific value and various other facts. • As Sifti Ghee advertisements are mainly done through hoardings but on television the advertisement is being telecasted timely and on the proper time or not. 21
  • 31.  RESEARCH DESIGN A Research design specifies the methods and procedures for conducting a particular study. It is a map (or) blue print to which the research is to be conducted. Descriptive research design has been considered as a suitable methodology for present study and for data analysis.  SAMPLING DESIGN The sampling design used was Convenience sampling, which is a non-probability sampling method. The convenience factors were the availability and approachability of the respondents.  POPULATION All types of outlets that stock and sell Sifti Gheein the markets. The outlets have been classified into as follows  Convenience stores: All kinds of shops including bakeries  Eateries: all kinds of eating joints  PLACES OF STUDY The study was conducted in the retail outlets in Raipur in the following areas  i. Amlidih.  ii. New Rajendra Nagar.  iii. Katora Talab.  iv. Priyadarshini Nagar.  v. Shailendra Nagar. 21
  • 32.  vi. Byron Bazar.  vii. Budhapara.  viii. Golbazar.  ix. Telibandha.  x. Bramhpuri.  xi. Kankali Para.  xii Lakhe Nagar.  xiii. Santoshi Nagar.  xiv. Purani Basti.  xv. Sanjay Nagar.  xvi. Sundar Nagar.  xvii. Dagania.  xviii.Deen Dayal Upadhyay Nagar.  xix. Anand Nagar. 21
  • 33. SOURCES OF DATA  Primary sources The primary data was collected through questionnaires. They were filled using the scheduled method of data collection by the researcher.  Secondary sources The secondary sources were used only for collecting information regarding the sample; they were however not used for analysis LIMITATIONS OF THE RESEARCH :-  The limitations of the research were as follows  Lack of proper experience on the part of the researcher in conducting such studies in the past.  Time frame required was not enough to survey more number of outlets. ANALYSIS TECHNIQUES  Quantitative analysis is performed using the data collected at each outlet to estimate the presence of Sifti Ghee.  Tools Utilized  Percentage Analysis  Graph Chart 21
  • 34. SAMPLING 1. Sampling Technique : Non probability sampling (A non probability sampling technique is that in which each element in the population does not have an equal chance of getting selected) 2. Sample Unit : People who buy ghee available in retail outlets, superstores, etc 3. Sample size : 100 respondents (Age ranging Between 18 yrs to 65 yrs) 4. Method : Direct interview through questionnaire. 5. Data analysis method : Graphical method. 6. Area of survey : Amritsar District 7. Timing of survey : 9.00 am to 5.30 pm. 21
  • 35. FIELD WORK- METHOD USED FOR DATA COLLECTION • Questionnaire was prepared keeping the objective of research in mind. • Questions were asked to respondents as regards to their willingness to purchase ghee. • The help of questionnaires conducted direct interviews, in order to get accurate information. • In order to get correct information I had to approach consumers ranging from 15 yrs to 65 yrs. • I visited as many respondents as I can and asked them their real likings about any ghee and also got an idea. • It is really a Herculean task to understand Consumer Behaviour, as the definition suggest, “Consumer behaviour is a physical activity as well as decision process individual engaged in when evaluating, acquiring, using and disposing goods and services”. 21
  • 36. CHAPTER-5 DATA ANALYSIS AND INTERPRETATION 21
  • 37. DATA ANALYSIS AND INTERPRETATION:- The collected data were not easily understandable, so I like to analyze the collected data in a systematic manner and interpreted with simple method. The analysis and interpretation of the data involves the analyzing of the collected data and interpretation it with pictorial representation such as bar charts, pie charts and others. GENDER: Gender play vital role in purchase decisions. Gender classified on sex basis i.e. male and female. Gender classification is requiring to marketer because different gender exhibits different perception towards products. In classification of gender the following number is used to know their perception. Classification of Customers Based On Sex Sex No. of respondents Percentage % 3 35 35 Female 65 65 Total 100 100 Sources: Primary Data Table: 5.1 21
  • 38. INTERPRETATION: 35% of the respondents are male and 65% of the respondents are female. From the above table we can conclude that, the majority of the respondents were belongs to female group. CLASSIFICATION OF CUSTOMERS BASED ON SEX 80 60 40 Male 65 Female 20 35 N R o d n p e s t f . 0 Male Female Graph no: 5.1 21
  • 39. OCCUPATION: Occupation is also influences a person’s consumption pattern. A blue collar worker will buy work clothes, work shoes and lunch boxes. Similarly the Sifti Ghee and Ghee products are purchased by various occupants. The following occupants of the respondents are classifies for the data collection. Analysis of Occupation of the Respondents Occupation No. of. respondents Percentage % Business 20 20 Employee 10 10 House wife 65 65 Others 05 05 Total 100 100 Sources: Primary Data Table No: 5.2 21
  • 40. INTERPRETATION: 20% of the respondents are businessmen, 10% of the respondents are employees, and 65% of the respondents are house wives, 05% of the respondents are others group. 21
  • 41. INCOME: Income decided the purchasing power of the customer. If the income is high then, they go for high quality irrespective of price of the product. Hence in this research I like to collect the data how income is influence to purchase Sifti Ghee. Analysis of Monthly Income of the Respondents Monthly income No. of respondents Percentage % Below 5000 38 38 5001-10000 30 30 10001-15000 21 21 15001 & above 11 11 Total 100 100 Sources: Primary Data Table No: 5.3 21
  • 42. INTERPRETATION: As per the data 38% of the respondents earn per month below 5000, 30% of the respondents earn 5001 to 10000, 21% of the respondents earn above 10001 to 15000. 11% of the respondents earn 15000 & above. From the above table we can conclude that majority of the respondents’ monthly income group of below 5000 and more than 5000 to 10000. GRAPH NO: 5.3 21
  • 43. PURCHASING FACTOR: Identification of various factors plays a vital role in consumer behavior study. The various factors such as quality, price easy available etc. is influencing lot and influences positively. The following data reveals how various factors are influencing to buying of Sifti Gheeand Ghee products. Analysis of Factors to Buy SIFTI Ghee Factors No. of Respondents Percentage % Quality 38 38 Brand image 28 28 Price 20 20 Easy availability 14 14 Others Nil Nil Total 100 100 ` Source: Primary Data 21
  • 44. ANALYSIS OF FACTORS TO BUY AMUL MILK 40 38 35 respondents 30 28 25 No. of 20 20 15 14 10 5 0 Quality Brand Price availability image Factors Graph No. 5.4 21
  • 45. Interpretation: 38% of respondents buying Sifti Gheefor its Good Quality, 28% of respondents use for its Band Name,20% of its Price consideration, 14% of its easy availability of respondents buying Sifti Ghee& Ghee products. Respondents Consumption Quality: Consumption quality is varying with various respondents. Some of customer they buy less quantity and some them huge quantity depends upon requirement and number of people in their houses. The data is collected to know the various consumption patterns. Analysis of Consumption of Average Ghee per Day Consumption No. of Respondents Percentage (%) 1 kg 70 70 2-4 kg 10 10 More than 4 kg 20 20 Total 100 100 Sources: Primary Data Table no: 5.5 21
  • 46. Analysis of Average Consumption of Milk Per Day 70 No. of Respondents 70 60 50 40 30 20 20 10 10 0 1 LITRE 2-4 LITRES MORE THAN 4 LITRES Consumption Graph no.5.5 21
  • 47. INTERPRETATION: 70% of the respondents are consuming one litre per day. 10% of the respondents are consuming two to four litres per day. 20% of the respondents are consuming more than four litres per day. From the above table we can conclude that majority of the respondents were consuming one litre per day. PURCHASE DURATION: Repeat purchase will help to know what customer loyalty towards Sifti Ghee& Ghee products. When consumer repeatedly purchases the product, it is understood that they are satisfied with the products. The following data show the various statuses of the respondents. Analysis of Purchase Duration of the Sifti Ghee Duration No. of Respondents Percentage (%) 6 Months 05 05 1-2 Years 15 15 3-4 Years 20 20 More than 4 years 60 60 Total 100 100 Sources: Primary Data Table no: 5.6 INTERPRETATION: 21
  • 48. As per the data gathered, out of 100 respondents, 05% of the respondents buying since last six months, 15% of the respondents from one to two years, 20 % of the respondents from three to four years, 60% of the respondents buying Sifti Ghee& Ghee products from more than four years. From the above table we can conclude that majority of the respondents consuming Sifti Ghee& Ghee products more than four years. Analysis of Purchase Duration of the Milk Products 60 60 50 40 No.of Respondents 30 20 20 15 10 5 0 6 1-2 3-4 More Months Years Years than 4 years Consumption Graph no: 5.6 21
  • 49. OPINION TOWARDS PRODUCT: The behaviour of users after his commitment to a product has been collected with respect product and terms of satisfaction with rating scale. The following are the data obtained related to SIFTI Ghee. Analysis of Rating towards SIFTI Ghee. Ratings No. of Respondents Percentage (%) Excellent 25 25 Good 48 48 Average 22 22 Poor 05 05 Total 100 100 Source: Primary Data Table no: 5.7 21
  • 50. INTERPRETATION: 25% of the respondents rated that Sifti Ghee& Ghee products are Excellent. 48% of the respondents rated as good, 22% of the respondents rated as Average Quality. 05% of the respondents rated that Sifti Ghee& Ghee products are Poor. From the above table we can conclude that majority of the respondents rated Sifti Ghee& Ghee products are of Good Quality. Analysis of Rating towards Amul Milk Products 50 45 40 No.of Respondents 35 30 25 48 20 15 25 22 10 5 5 0 Excellent Good Average Poor Rating Graph no.5.7 21
  • 51. VALUE FOR THE MONEY: Consumers always think while paying price to the products such as how much we are paying towards products and how much we are getting. This data is gathered to know what value they are receiving from the Sifti Ghee. Analysis of Value for Money Paid by the Respondents Response No. of Respondents Percentage (%) Yes 96 96 No 04 04 Total 100 100 Sources: Primary Data Table no: 5.8 21
  • 52. INTERPRETATION: 96% of the respondents feel that they get the value for money they paid. Only 04% of the respondents feel that they are not getting the value for money what they paid. From the above table we can conclude that majority of the respondents are agreed that they are getting the value for money they paid. Analysis of Value For Money Paid By The Consumers 100 96 80 Respondents 60 No. of 40 20 4 0 Yes No Response Graph no: 5.8 21
  • 53. INFLUENCE TO OTHER TO BUY PRODUCTS: Post experience & benefits will help organization in obtaining the additional sale. In this connection feedback its act as an influence to others to adopt the product the user survey has conducted to identify what an extent user recommends to others. The data has been extracted & it is as follows. Analysis of Recommendations Recommended No. of Respondents Percentage (%) Yes 97 97 No 03 03 Total 100 100 Sources: Primary Data Table no: 5.9 21
  • 54. INTERPRETATION: 97% of the respondents were recommended Sifti Ghee and, 03% of the respondents were not recommended Sifti Ghee and products to others. From the above table we can conclude that majority of the respondents were recommended Sifti Ghee Analysis of Recommendations 97 100 No.of Respondents 80 60 40 20 3 0 Yes No opinions Table no: 5.9 21
  • 55. INTERPRETATION: 97% of the respondents were satisfies with the Sifti Ghee. 03% of the respondents were not satisfies with the Sifti Ghee. From the above table we can conclude that majority of the respondents were satisfied with the Sifti Ghee. 21
  • 56. CHAPTER-6 FINDINGS, SUGGESTION AND CONCLUSION 21
  • 57. FINDINGS:- First I would like to present my survey findings. The main findings of my survey are as follows: 1. It is findings in the survey that females are the main decision maker for the ghee. As per the data, 65% of female and 35% of male makes purchase decision. 2. Based on the occupation of the customer, it is found in the survey that 65% are the housewives and 35% are from various occupations such as a businessman, employee etc for the Sifti ghee. 3. Incomes less than 5000 to 10000 are more attracted to Sifti ghee. As per the data, 79% of the respondents’ income is under this group. 4. The main purchasing factors for the Sifti Ghee are Quality and Brand image. The data reveals that 42% influences on Quality and 32% influenced for the Brand. 5. 88% of the total respondents are using product since from a long time. The majority of the respondents are using Sifti ghee & Ghee products from more than 3 years. 6. 96% the respondents think that purchasing Sifti ghee is value for the money i.e. Sifti Gheeis valuable product for them. 7. It is found in the survey that customer are influencing through Word of Mouth. 21
  • 58. SUGGESTIONS: 1. Ghee purchasing decisions are more decided by women rather than male, because she act as a invigilator, execute her decision and influence the same to the purchase while ascertaining the quality, freshness and price. Hence, I suggest GCMMF to concentrate more on the women and men suggestions for designing the marketing strategy, because women’s role in the house is dominant, even in the various decisions. 2. Occupation of the user influences the purchase decisions. The particular occupation plays a vital role in deciding the product or services. Women segment are influencing more on ghee. Therefore, an occupation is the factor influencing the product. 3. Income of the people decides the purchasing power. The high income prefers to purchase product with the quality, freshness, thickness, etc. and vice versa. So I suggest Sifti to concentrate also on low income segment to capture market and position themselves in the minds of the customer with required quality and quality ghee. 4. Since Sifti is having loyal customers and therefore should concentrate more on this factor through various potential programmes such as campaign, premium packs, offers etc., this helps to increase the loyalty towards the Sifti products. 5. Ghee is having high demand and it is considered as a very essential products. In present practice, purchase of ghee is through dealers. In this connection dealers approach towards the product. 6. Customer is influential, hence I suggest Sifti to look after the dealers issue with due care. 7. When product possesses quality and other important attributes naturally they propaganda about product through word of mouth and vice versa. Therefore if the quality and attributes are fine tuned according to the needs will help the Sifti to get reputation and addition market. 8. Introduction of various economic products lies may help Sifti to attract the existing and new customers and may attract all income level groups. Hence I suggest management to introduce new product line which can satisfy the entire group. 21
  • 59. CONCLUSION:- From the survey conducted it is observed that Sifti Ghee 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 Ghee are freshness, taste, thickness and availability. Finally I conclude that, majority of the customers are satisfied with the SIFTI Ghee and Ghee products because of its good quality, reputation, easy availabilities. Some customers are not satisfied with the SIFTI Ghee because of high price, lack of dealer services, spoilage and low shelf life etc. therefore, if slight modification in the marketing programme such as dealers and outlets, promotion programmers, product lines etc., definitely company can be as a monopoly and strong market leader. Sifti has also to take care of its competitors into consideration and more importantly its customers before making any move. 21