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Approach note for baseline brand study for ghcl
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Approach note for baseline brand study for ghcl
1.
1Privileged and Confidential.
All Rights Reserved © Facts n Data 2016 Brand Perceptual Map Study Prof. Ravi Sangal, Saurabh Sharma and V Shekhar Avasthy June 29, 2018 Chemicals Textiles Consumer Products Approach Note for
2.
2Privileged and Confidential.
All Rights Reserved © Facts n Data 2016 GHCL Brief
3.
3Privileged and Confidential.
All Rights Reserved © Facts n Data 2016 GHCL’s profile – as shared by GHCL ▪ Incorporated on 14th of October 1983, Well-diversified group with a market capitalisation of almost Rs 3000 Crores - footprints in Chemicals, Textiles and Consumer Products segments. • Chemicals - manufactures Soda Ash at manufacturing plant at Sutrapada in Gujarat (9.75 MTPA installed capacity, to add another 1.25 L MTPA by 2019). Also produces 0.60 Lakh MTPA of Sodium Bicarbonate. Targeting to become largest Soda Ash manufacturer in country in next 5 years. • Textile - an integrated set up from spinning of yarn to weaving, dyeing, printing and processing till the finished products like sheets & duvets, take shape which are primarily exported worldwide. Spinning unit at Madurai (TN) - spinning capacity 1.76 Lacs Spindles & 3,320 rotors and Airjet spinning facility manufacturing yarn ranging from 16s to 32s in open end, 30s to 120s in ring spun compact counts in 100% cotton and 24s to 70s counts in blended yarns. State-of-the-art home textiles facility at Vapi with a weaving and processing capacity of 45 Mn meter fabric up to made ups. GHCL’s Home Textiles products are predominantly exported worldwide to countries like United Kingdom, United States of America, Australia, Canada, Germany and other European Union countries as well. • Consumer Products operation - GHCL is a leader in manufacturing and selling Edible salt, Industrial grade salt, spices and blended spices, and Honey in the country under the brand name of I-Flo. ▪ Sustainability is core element of its business strategy - ‘GHCL Way’ has four pillars i.e. Responsible Stewardship, Social Inclusiveness, Promoting Relationship and Adding Value. CSR activities are carried on at various plant locations in areas of Education & Skill development, Healthcare, Agro & Animal husbandry, Women empowerment, and Water & Sanitation. GHCL has been recognised with various awards and accolades which bear testimony to its commitment towards operational excellence, innovation, corporate governance, social responsibility and Quality. GHCL has been adjudged as a Great Place to work for two consecutive years and has also been certified as a "Preferred Work Place for Women” by FICCI FLO.
4.
4Privileged and Confidential.
All Rights Reserved © Facts n Data 2016 GHCL’s Brief ▪ Project Objective: To understand the perception of GHCL as a brand to help shape strategy ▪ Key Questions to be answered: a) How well the stakeholders know GHCL b) Brand GHCL’s attributes c) Why does the particular stakeholder need GHCL d) One thing that they remember GHCL for e) What is GHCL’s USP f) GHCL’s strengths & weaknesses g) Areas for improvement h) Leadership’s image i) GHCL’s positioning in comparison to its competitors & what would be the customer preference j) Information about Website and other touch points k) What are their expectations from GHCL and does the brand live up to these expectations l) What can we do better ▪ Target Respondent Group: Employees, vendors, customers, Investors & society; Geographical Scope: India Reproduced verbatim
5.
5Privileged and Confidential.
All Rights Reserved © Facts n Data 2016 Proposed Project Objective ▪ To understand the perception of GHCL as a brand to help shape strategy • To identify attributes of importance for Brand in the three segments, namely, Chemicals, Textiles, and Consumer Products • To assess how GHCL is faring on these attributes and how are the 2 closes competitors (to be identified by GHCL) are perceived on those attributes • To therefore identify the areas of strength and gaps, if any, to be plugged, by GHCL
6.
6Privileged and Confidential.
All Rights Reserved © Facts n Data 2016 Facts n Data® Framework for Perceptual Mapping Exercise
7.
7Privileged and Confidential.
All Rights Reserved © Facts n Data 2016 GHCL Eco System Chemicals Textiles Consumer Products Employees Investors Suppliers Direct to Customer B2B Channel Partners B2C Channel Partners B2B Customers • Top Management • Procurement / QC • Production B2C Customers Proposed methodology aims at creating perceptual map by all the three product segments and all stakeholders, namely investors, employees, suppliers, Channel Partners (B2B/ B2C – own plus Competition), and end users. It may be noted that multiple respondents from different functional areas are needed from all B2B customers.
8.
8Privileged and Confidential.
All Rights Reserved © Facts n Data 2016 Proposed Methodology
9.
9Privileged and Confidential.
All Rights Reserved © Facts n Data 2016 Sample Frame, Sample Size and Sampling Methodology Vendors/ Suppliers Employees Channel Partners (B2B/ B2C) Customer Segments (B2B/ B2C) Investors Society (GHCL CSR Initiative Population) Sample Frame List to be provided by GHCL (including details such as Product Category/ Importance of Supplier for Production/ Longevity with GHCL/ Supplied Merchandise Value/ Exclusive supplier or otherwise, etc) List to be provided by GHCL (including details such as Employee Designation/ Level/ Years with GHCL/ Functional Area/ Location/ Gender) List to be provided by GHCL (including details such as B2B or B2C/ Business Size/ Product Category/ Longevity with GHCL/ Exclusive partner or otherwise, etc) B2B Customers: List to be provided by GHCL including details such as Names/ Designations/ Functional area of various execs. For every B2B customer, details of execs at 3 levels (Top Management/ Procurement/ User) shall be needed. B2C and Public: To be identified by Facts n Data field staff in identified geographical areas. List to be provided by GHCL Sample to be picked around Sutrapada and Viraval (Gujarat) SIZE Qualitative: 8-10 Quantitative: 60 (20 in each Product Category) Qualitative: 15-20 Quantitative: ~300 Qualitative: 5-6 Quantitative: ~25-30 (20-25 own partners + at least 5-10 channel partners who are either exclusive or dominant partners of competition.) Qualitative: 15-20 Quantitative: ~390-400 B2C: ~300 total B2B: 90-100 (30 per Category Chemicals/ Textiles / Consumer Products – should include customers who ARE NOT GHCL customers) Qualitative: 15-20 Quantitative: ~30-35 Qualitative: ~10 Quantitative: ~60 (30 at each location) Methodology Convenience Sampling Qualitative: Convenience Sampling; Quantitative: Random Sampling Qualitative: Convenience Sampling; Quantitative: Random Sampling Qualitative: Random Sample Quantitative: Systematic Random Sampling Random Sampling Random Sampling
10.
10Privileged and Confidential.
All Rights Reserved © Facts n Data 2016 Research Design Phase 1: Qualitative Objective: To draw a list of attributes important for Brand in than Product Category Technique: Expert Depth Interview by Senior Researcher Research Instrument: Open Ended Discussion Guide Time: 6 weeks Output: Inputs to prepare questionnaire for Phase 2 Phase 2: Quantitative Objective: To quantify importance of various attributes and to assess positioning of GHCL vs Competition on the same* Technique: Quantitative Research using Survey Instrument (Questionnaire) Research Instrument: Fully structured multi- lingual survey instrument with some partially or fully open ended questions to be administered by e-Mail to most and Face to Face / Telephonic to some respondents Time: 4 weeks Output: Brand Perceptual Map *It is likely that attributes of importance could differ for various Product Categories/ various Respondent Segment. Thus, survey instrument too may differ for various respondent segments and/ or product category
11.
11Privileged and Confidential.
All Rights Reserved © Facts n Data 2016 Phase 1: Qualitative Research ▪Lead Analyst (Experienced Market Researcher with 20 years plus experience) will himself / herself conduct these interviews, mostly Face to Face, but 20-30% could be telephonic/ through VC depending on respondent’s convenience ▪These shall be open ended discussions in the disguise of “understanding the market” and without explicitly revealing the Client Name (except for GHCL channel partners/ employees) and without explicitly referring to the discussion guide ▪Subject to explicit written permission from GHCL and the respondent, attempt shall be made to do audio recordings of such interactions, though such recordings won’t be shared along with respondent’s name and shall be deleted on completion of the project
12.
12Privileged and Confidential.
All Rights Reserved © Facts n Data 2016 Phase 2: Quantitative Research ▪The survey instrument (questionnaire) shall be designed by Facts n data® and hosted on Research.net with GHCL branding (for own suppliers, employees, own channel partners and own customers) and WITHOUT GHCL branding for others, online ▪For those segments to whom GHCL branding shall be used, e-Mail invite shall have to be sent by GHCL execs dealing with such partners – e.g., e-Mail to employees to be sent by Division Head’s mail box, to suppliers shall be sent by, say, Procurement or User’s mail box and so on. For others, it shall be sent by Facts n Data® or collected by Facts n Data® field force •There could be some respondents who may not be comfortable in responding in online mode. Facts n Data® trained execs shall collect their responses in telephonic mode and record their responses using CATI.
13.
13Privileged and Confidential.
All Rights Reserved © Facts n Data 2016 Sample Chart – Perceptual Map 0 1 2 3 4 5 6 7 8 9 10 Attribute 1 Attribute 2 Attribute 3 Attribute 4Attribute 5 Attribute 6 Attribute 7 Brand Perception Chart (DUMMY DATA) Expectation GHCL Competitor 1 Expectation of Respondent on this attribute Perception of GHCL on this attribute Perception of Competition on this attribute Wasted effort by GHCL as Gap is High Area to work on by GHCL Attributes shall be identified by Qualitative Research and Quantified by Quantitative Research; Attributes shall be arranged in decreasing order of importance
14.
14Privileged and Confidential.
All Rights Reserved © Facts n Data 2016 Caveats ▪ Brand attributes in respective product categories, the importance of such brand attributes cannot be predicted beforehand and shall be a result of findings of Phase 1. Facts n Data® does not support creating a list of such attributes by guess work, common sense or desk research. ▪ Subject to policy of GHCL, Facts n Data®, on receiving explicit written permission, may perform Audio Recordings of EDI’s with various respondents. ▪ Possibility of increasing sample size in some product categories can’t be ruled out. ▪ List of vendors, employees, channel partners and B2B customers shall be shared by GHCL in strict confidence. ▪ GHCL shall be required to send introductory e-mails to target respondents so that Facts n Data® execs can then contact them for seeking appointments for Phase 1. Part of Phase 1 could be administered telephonically. ▪ As chunk of Phase 2 shall be administered electronically (meaning that the link to questionnaire shall be sent on e- mail to the respondents) GHCL shall have to send the e-mail for the same while data collected shall be stored at Research on Net servers. Raw data containing respondent details shall not be shared with GHCL. ▪ The proposed timelines assume that there shall be no delay on part of GHCL in sharing contact details of target respondents. Any such delays, or any circumstances not in control of Facts n Data® may delay the project. ▪ Project shall commence one week after issue of Purchase Order AND release of advance.
15.
15Privileged and Confidential.
All Rights Reserved © Facts n Data 2016 Data Protection and Sharing Policy ▪ Facts ‘n’ Data™ subscribes to the code of ethics of Market Research Society of India which implies that we maintain very strict data confidentiality, do not reveal the client’s name to any third party (except Government/ Tax and Law and Order agencies, if needed), and do not undertake similar project for client’s competition. Complete code can be found here (https://www.mrsi.in/code_of_conduct.php) Additionally, this means that: 1. The data shared by the client can only be used for specific client project only; 2. All the data on our machines, if any, is SHREDDED (permanently deleted) on project completion and is not stored at any place in our systems in any format - hard copy or soft form or otherwise; 3. Data is stored on an isolated desktop or server dedicated to the team working on it and no one else ever accesses the same. This is implemented very strictly. These machines are accessible after dual factor authorisation. We never store data on cloud or on any machine accessible to those not part of the team working on the project or any machine connected to the Internet or having active USB ports/ IR or Bluetooth/ Optical disk functionality/ additional active ports or on laptops and users working on such machines do not have any admin rights to alter the same. The HDD is also password protected and is encrypted. After every project the data is shredded and HDD us unconditionally formatted. We do not transfer data or store it on cloud or thru emails. Even authorised personnel work on it on the dedicated desktop/ server only and never carry it on any laptops; 4. Either the machines are based out of client premises after getting sanitized by the client OR the client provides us the hardware and allows us to install our proprietary software. Data can be shared on these machines by client directly OR it can share it over secure FTP or on secured external drive but once it is transferred to the machine, it is never saved or transferred thru the Internet; 5. Staff is not allowed to use their machines for any work or carry these desktops/ HDD’s anywhere; 6. Customer’s personal information such as eMail Id’s, Name, Address, Cell Phone is never accepted by Facts ‘n’ Data™ and in case there is an Analytical reason to get that, it is accepted only in masked form and the masking key is never shared with Facts ‘n’ Data™ team ever. In case it is needed to access unmasked data, the exercise is undertaken from Client’s premises under Client’s supervision and to the Satisfaction of their Security team. 7. If any relaxation is needed for execution of project, it can only be had after written permission of the client after explaining business reasons and only to the extent permitted by the client subject to client’s IT policy. Facts n Data® shall NOT share feedback at individual level – Data shall only be shared at an overall level while hiding respondent’s identity. Before the start of the project, we request the IT security policy of the client organization and accept the project only if it is possible to meet all client requirements.
16.
16Privileged and Confidential.
All Rights Reserved © Facts n Data 2016 Queries? +91-9811090404 Saurabh.sharma@goldmineltd.com +91-9810228402 shekhar@factsNdata.com
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