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patanjali ayurveda products.pptx

  1. Submitted by xxxxxxxxx Admission No: xxxxxxxx Capstone Project –I I
  2.  Patanjali Ayurved was framed in January, 2006 as a private constrained organization by yoga master Ramdev and his accomplice Sri Acharya Balkrishnaji and its headquarter located at Haridwar.  In June, 2007, it was changed over to a Public Ltd. Organization. It is enlisted under the Companies Act, 1956 and has its enrolled office in Bijwasan, New Delhi and three different workplaces in Haridwar.  Baba Ramdev began off as a yoga mentor who highlighted in broadcast programs in Aastha and Sanskaar channels and influenced Indians to understand that they have overlooked Indian custom and works of art one of them being yoga.  Patanjali has a wide scope of products with the subject of Ayurvedic/natural being normal over all classifications. It has four business divisions: nourishment and refreshments, beautifying agents and wellbeing, wellbeing beverages and home consideration.  Patanjali has become a strong player in the FMCG sector and even though it offers Ayurvedic and herbal products only, it is directly competing with the mainstream FMCG players like Colgate, HUL, P&G and Dabur.
  3.  Ramdev baba is founder and brand ambassador of Patanjali ayurved ltd. He is also yoga guru & TV celebrity with lakhs of follower who admire him and follow him and join yoga events.  Acharya Balakrishna is CEO of Patanjali ayurved ltd. He Owns 94% of total stake in company.  Babukaji shrestha is chief financial officer in Patanjali ayurved ltd. And serves as Head of Finance Department.  Mr. Raju Shrestha is Head of Administrative department and also Managing Director of Patanjali ayurved ltd.
  4.  The purpose of the study is to understand the consumer purchasing attraction towards Patanjali Ayurveda products so that we can learn about the acceptability of Patanjali Ayurveda Products in India.
  5.  Objective of the study  To study the brand purchasing attraction of Patanjali in minds of Consumers.  To know the attributes a that customer keeps in mind while purchasing Patanjali Products.  To study the satisfaction level of consumers after using Patanjali Products.  To study, whether Patanjali products are genuine or not.
  6.  Sample Design – Descriptive Study  Sampling- Non probability sampling  Sample Population- Patanjali ayurveda products user male and female respondent  Sample size-100 respondent  Tool – Questionnaire’  Technique-  ► Horizontal analysis  ► Pie chart analysis  ► Bar graph analysis  ► Vertical analysis  ► Trend analysis
  7. Data analysis  1. Different age group of respondents. 50% 30% 10% 10% Percentage of respondents 15-20 20-25 25-35 Above 35
  8.  2. Have you used any product of Patanjali brand? 90% 10% Percentage of respondent Yes No
  9.  3. Do you agree that Patanjali offers a large variety of products? 25% 52% 6% 8% 9% 0% 10% 20% 30% 40% 50% 60% Strongly agree Agree Netural Disagree Strongly disagree Percentage of respondent Percentage of respondent
  10.  4. Do you agree that Patanjali products are of good quality? 29% 57% 2% 8% 4% 0% 10% 20% 30% 40% 50% 60% Strongly agree Agree Netural Disagree Strongly disagree Percentage of respondent Percentage of respondent
  11.  5. Do you agree that the prices of the Patanjali products are good? 44% 31% 5% 10% 10% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% Strongly agree Agree Netural Disagree Strongly disagree Percentage of respondent Percentage of respondent
  12.  6. Do you agree that the Patanjali products have good packaging? 29% 42% 4% 17% 8% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% Strongly agree Agree Netural Disagree Strongly disagree Percentage of respondent Percentage of respondent
  13.  7. Do you agree that Patanjali products have natural ingredients? 27% 65% 4% 2% 2% 0% 10% 20% 30% 40% 50% 60% 70% Strongly agree Agree Netural Disagree Strongly disagree Percentage of respondent Percentage of respondent
  14.  8. Do you agree that you are satisfied with the Patanjali product? 22% 45% 2% 18% 13% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% Strongly agree Agree Netural Disagree Strongly disagree Percentage of respondent Percentage of respondent
  15.  9. Have you faced any problem while using the product? 22% 78% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% Yes No percentage of respondents percentage of respondents
  16.  10. Do you agree that Patanjali products are chemical free? 18% 49% 10% 5% 18% 0% 10% 20% 30% 40% 50% 60% Strongly agree Agree Netural Disagree Strongly disagree Percentage of respondent Percentage of respondent
  17.  11. Do you agree that Patanjali products have made a good brand image? 84% 10% 1% 3% 2% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% Strongly agree Agree Netural Disagree Strongly disagree Percentage of respondent Percentage of respondent
  18.  12. Please indicate the reason why you prefer Patanjali product? 40% 30% 20% 10% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% Convenient Affordable Clean Other Percentage of respondent Percentage of respondent Linear (Percentage of respondent)
  19.  13. How do you come to know about the product? 50% 30% 20% 0% 10% 20% 30% 40% 50% 60% Advetisment Recommendation Self Exploration Percentage of respondent Percentage of respondent
  20.  Patanjali has given headache to many marketers with its unconventional ways of marketing. The findings in the paper show that there are many significant factors that together make up the buying decision of the product. Consumer buying behaviour towards a brand is built largely on the satisfactory value of the user receives after paying for the product and the benefits the user looks for.  In the above study, a large portion of the user is satisfied by the Patanjali products. It may be because of reasonable price of product. It may be due to ability of the product to cure the problem. The satisfaction brings in the retention of consumer. Patanjali is enjoying the advantageous position in the market through spirituality element involved in its products.  A point to note is that many people are buying Patanjali products due to the hedonic value attached to the products. Hence, Patanjali (unlike its competitors) is attaching brand loyal consumers and not price sensitive consumers.
  21.  To make a successful product, Patanjali marketing strategy should attract long term consumers.  ► Most of the Patanjali consumers are facing problem like: products are not available in the market regularly.  ►They can increase their distribution channels.  ►They have to focus back on product efficacy, rising above the noise of advertising.  ►They can increase their outlet and stores.  ►So, Patanjali Ayurveda should increase their productivity and make sure that there will be shortage of products in the market.
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