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Research on traditional sweets market




By
Akash Raj
Deepak Raja
Shatakshi Gupta
Yogesh Garg
Management Problem


What is the feasibility of Amul to
 enter into traditional sweet market in
 India?
Research Objectives

To understand the present scenario of
 traditional sweet market in India

What percentage of people are willing to buy
 “Amul Mithai” if it will be available in the
 market
Our sample
• Sample size 75
Male         29
Female       46
• Average age of sample 34.79
• Average number of family members 5.40
Buying Behavior of Customers
Average purchase of sweets

• For family consumption : 1.48 kg

 1kg Segment               : 49.33%

• For gifting purpose      : 1.46 kg

• Average cost of sweets   : Rs. 410 per kg
Like to eat sweets during occasions


    100.00
     90.00                             89.33           84.00
              78.67
     80.00            69.33    73.33                                72.00           73.33
     70.00               62.67
     60.00
     50.00
                                               36.00        37.33                       34.67
     40.00
     30.00                                                                  21.33
     20.00
     10.00
      0.00
                                       Rakshab                        Get           Annivers
               Diwali         Holi                     Birthdays
                                       andhan                       together         aries
Purchase %     78.67         62.67      89.33           84.00        72.00           73.33
Home made %    69.33         73.33      36.00           37.33        21.33           34.67
Which type of sweets you would like
                to gift?

                           Purchase for Giftting
     100.0    94.7                  93.3
      90.0              82.7
      80.0                                         77.3
                                                               72.0        68.0
      70.0
      60.0
      50.0
      40.0                 30.7
                 28.0                  25.3                       24.0
      30.0
                                                       18.7                    17.3
      20.0
      10.0
       0.0
                                  Rakshaban                      Get      Anniversari
              Diwali     Holi                      Birthdays
                                    dhan                       together       es
Purchase %     94.7      82.7         93.3           77.3       72.0         68.0
Home made %    28.0      30.7         25.3           18.7       24.0         17.3
How often do you eat sweets?

                 % of consumption

                        34.7%
35.0
30.0
25.0                                                            21.3%
20.0                                                17.3%

15.0     10.7%                         10.7%
10.0
 5.0
 0.0
         Daily         Weekly       Fortnightly   Monthly   Occasionally
How often you purchase sweets for
          own consumption?
               % of Purchase

                  34.7%
35.0
                                                           26.7%
30.0
25.0                                          17.3%

20.0                               12.0%
15.0
        6.7%
10.0
 5.0
 0.0
       Daily   Weekly          Fortnightly   Monthly   Occasionally
Who decides whether to make or buy
   sweets for own consumption?
           Children <18 years       Children 18-30
                   0%                    years
                                          9%

Mother/in law                                        Yourself
    18%                                                42%      M:38.7%
                                                                F: 61.3%

            Father/in law
                17%
                                     Spouse
                                      14%




                                Buyer in Family
Who decides from where to buy?

       Children <18 years       Children 18-30
               4%                    years
                                      7%
Mother/in law
    14%                                          Yourself
                                                   44%      M:38.7%
                                                            F:61.3%
          Father/in law
              14%

                            Spouse
                             17%




                              Decision Maker
Consumption pattern in last 3 years

                            Consumption
45
40   Increased, 39

35
                     Decreased, 31
30
25
20                                        Same, 17
15
10
5
                                                     No Idea, 1.2
0
      Increased       Decreased            Same        No Idea
Change in Purchasing (over 3 years)


45.0
            38.7%
40.0
35.0
                      30.7%
30.0
25.0                             17.3%
20.0
15.0                                     13.3%
10.0
 5.0
 0.0
         increased   Decreased   Same    No idea
Reasons for increase

Reasons for increase in the consumption   %age
Increase in family size                   21

Easy availability of sweets               21

Increased variety                         34

Gifting more                              17

Friend Circle has expanded                24
Reasons for Decrease

Reasons for decrease in the consumption   %age

More health consciousness                 39

Rise in prices                            17

Decrease in the quality                   48

Better quality of alternatives            38

Easy availability of alternatives         22

Lack of branded traditional sweets        43

Increased level of adulteration           39
Hypothesis statements


                                  Hypothesis
90.0
       78.7%                      77.3%
80.0                 72.0%                                    70.7%
70.0                                            62.7%                       61.3%
60.0
           49.3%
50.0
40.0                    30.7%         33.3%                       30.7%         30.7%
30.0                                                24.0%
20.0
10.0
 0.0
       Adulterated Poor packaging No hygienic   Low quality
                                                          Other alternatives
                                                                           Don't trust
If a large reputed company
comes with branded traditional
sweets, what do you think?
Quality would be

                                  Percentages
60

50                      48%
        40%
40

30

20

10                                       7%
                                                         3%           3%
0
     Much better   Somewhat better Same as earlier   Somewhat low   Very low
Packaging would be
                                  Percentages
80

70      67%

60

50

40

30                      27%

20

10
                                         3%              1%           3%
0
     Much better   Somewhat better Same as earlier   Somewhat low   Ver low
Hygiene would be

                                  Percentages
60
        52%
50

40                      38%

30

20

10                                       8%
                                                         3%
0
     Much better   Somewhat better Same as earlier   Somewhat low   Very low
Awareness of Amul
• 100% respondents are aware of Amul brand
• 95% of them buy Amul products
   Purchasing of Amul products   Percentages

   Daily                         37

   Weekly                        16

   Fortnightly                   12

   Monthly                       12

   Occasionally                  19
Trust on Amul
• 89% people of our sample trust Amul brand
  out of which 53% trust a lot.
• Awarded as 37th-trusted brand in India
  2011(Brand Equity)
  Potential Customers
• 81% people – will buy Amul sweets.
• Out of which 39% - will definitely buy.

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Research Methodology, Amul Project

  • 1. Research on traditional sweets market By Akash Raj Deepak Raja Shatakshi Gupta Yogesh Garg
  • 2. Management Problem What is the feasibility of Amul to enter into traditional sweet market in India?
  • 3. Research Objectives To understand the present scenario of traditional sweet market in India What percentage of people are willing to buy “Amul Mithai” if it will be available in the market
  • 4. Our sample • Sample size 75 Male 29 Female 46 • Average age of sample 34.79 • Average number of family members 5.40
  • 5. Buying Behavior of Customers
  • 6. Average purchase of sweets • For family consumption : 1.48 kg 1kg Segment : 49.33% • For gifting purpose : 1.46 kg • Average cost of sweets : Rs. 410 per kg
  • 7. Like to eat sweets during occasions 100.00 90.00 89.33 84.00 78.67 80.00 69.33 73.33 72.00 73.33 70.00 62.67 60.00 50.00 36.00 37.33 34.67 40.00 30.00 21.33 20.00 10.00 0.00 Rakshab Get Annivers Diwali Holi Birthdays andhan together aries Purchase % 78.67 62.67 89.33 84.00 72.00 73.33 Home made % 69.33 73.33 36.00 37.33 21.33 34.67
  • 8. Which type of sweets you would like to gift? Purchase for Giftting 100.0 94.7 93.3 90.0 82.7 80.0 77.3 72.0 68.0 70.0 60.0 50.0 40.0 30.7 28.0 25.3 24.0 30.0 18.7 17.3 20.0 10.0 0.0 Rakshaban Get Anniversari Diwali Holi Birthdays dhan together es Purchase % 94.7 82.7 93.3 77.3 72.0 68.0 Home made % 28.0 30.7 25.3 18.7 24.0 17.3
  • 9. How often do you eat sweets? % of consumption 34.7% 35.0 30.0 25.0 21.3% 20.0 17.3% 15.0 10.7% 10.7% 10.0 5.0 0.0 Daily Weekly Fortnightly Monthly Occasionally
  • 10. How often you purchase sweets for own consumption? % of Purchase 34.7% 35.0 26.7% 30.0 25.0 17.3% 20.0 12.0% 15.0 6.7% 10.0 5.0 0.0 Daily Weekly Fortnightly Monthly Occasionally
  • 11. Who decides whether to make or buy sweets for own consumption? Children <18 years Children 18-30 0% years 9% Mother/in law Yourself 18% 42% M:38.7% F: 61.3% Father/in law 17% Spouse 14% Buyer in Family
  • 12. Who decides from where to buy? Children <18 years Children 18-30 4% years 7% Mother/in law 14% Yourself 44% M:38.7% F:61.3% Father/in law 14% Spouse 17% Decision Maker
  • 13. Consumption pattern in last 3 years Consumption 45 40 Increased, 39 35 Decreased, 31 30 25 20 Same, 17 15 10 5 No Idea, 1.2 0 Increased Decreased Same No Idea
  • 14. Change in Purchasing (over 3 years) 45.0 38.7% 40.0 35.0 30.7% 30.0 25.0 17.3% 20.0 15.0 13.3% 10.0 5.0 0.0 increased Decreased Same No idea
  • 15. Reasons for increase Reasons for increase in the consumption %age Increase in family size 21 Easy availability of sweets 21 Increased variety 34 Gifting more 17 Friend Circle has expanded 24
  • 16. Reasons for Decrease Reasons for decrease in the consumption %age More health consciousness 39 Rise in prices 17 Decrease in the quality 48 Better quality of alternatives 38 Easy availability of alternatives 22 Lack of branded traditional sweets 43 Increased level of adulteration 39
  • 17. Hypothesis statements Hypothesis 90.0 78.7% 77.3% 80.0 72.0% 70.7% 70.0 62.7% 61.3% 60.0 49.3% 50.0 40.0 30.7% 33.3% 30.7% 30.7% 30.0 24.0% 20.0 10.0 0.0 Adulterated Poor packaging No hygienic Low quality Other alternatives Don't trust
  • 18. If a large reputed company comes with branded traditional sweets, what do you think?
  • 19. Quality would be Percentages 60 50 48% 40% 40 30 20 10 7% 3% 3% 0 Much better Somewhat better Same as earlier Somewhat low Very low
  • 20. Packaging would be Percentages 80 70 67% 60 50 40 30 27% 20 10 3% 1% 3% 0 Much better Somewhat better Same as earlier Somewhat low Ver low
  • 21. Hygiene would be Percentages 60 52% 50 40 38% 30 20 10 8% 3% 0 Much better Somewhat better Same as earlier Somewhat low Very low
  • 22. Awareness of Amul • 100% respondents are aware of Amul brand • 95% of them buy Amul products Purchasing of Amul products Percentages Daily 37 Weekly 16 Fortnightly 12 Monthly 12 Occasionally 19
  • 23. Trust on Amul • 89% people of our sample trust Amul brand out of which 53% trust a lot. • Awarded as 37th-trusted brand in India 2011(Brand Equity) Potential Customers • 81% people – will buy Amul sweets. • Out of which 39% - will definitely buy.