This document summarizes a study on the perception of customers, retailers, and mill owners on the impact of branded condiments compared to traditional condiment making. The study was conducted in Karuvatta, Alappuzha district, Kerala, India using questionnaires. The study found that quality is the major factor influencing condiment purchases. It also found that the brand awareness of Eastern Condiments Pvt Ltd is higher than its competitors. The data analysis showed there is high demand for branded condiments in rural areas.
This document summarizes a study on the perception of customers, retailers, and mill owners on the impact of branded condiments compared to traditional condiment making. The study was conducted in Karuvatta, Alappuzha district, Kerala, India using questionnaires. The study found that quality is the major factor influencing condiment purchases. It also found that the brand awareness of Eastern Condiments Pvt Ltd is higher than its competitors. The data analysis showed there is high demand for branded condiments in rural areas.
This document summarizes a study on the perception of customers, retailers, and mill owners on the impact of branded condiments compared to traditional condiment making. The study was conducted in Karuvatta, Alappuzha district, Kerala, India using questionnaires. The study found that quality is the major factor influencing condiment purchases. It also found that the brand awareness of Eastern Condiments Pvt Ltd is higher than its competitors. The data analysis showed there is high demand for branded condiments in rural areas.
This document summarizes a study on the perception of customers, retailers, and mill owners on the impact of branded condiments compared to traditional condiment making. The study was conducted in Karuvatta, Alappuzha district, Kerala, India using questionnaires. The study found that quality is the major factor influencing condiment purchases. It also found that the brand awareness of Eastern Condiments Pvt Ltd is higher than its competitors. The data analysis showed there is high demand for branded condiments in rural areas.
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The key takeaways are that quality is the major factor influencing customers' choice of condiments and that Eastern Condiments Pvt Ltd has high brand awareness compared to competitors.
The main objective of the study was to understand the perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making.
The study found that quality is the major influencing factor for customers when buying condiments.
Perception of customers, retailers and mill owners on the impact of branded condiments over
traditional condiment making
2013
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EXECUTIVE SUMMARY
The project titled Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making at Eastern Condiments PVT LTD Cochin The Eastern Group of Companies founded by Mr. M.E MEERAN, started with a dream, making good products available to the common man at the right prices. The company was established in 1983, is a pioneer in the state to produce packaged curry powders, Masala powders, spices and coffee powder. Food industry is the one of the most dynamic industries. Brands play an important role while selecting a food item. In other words brands and purchasing factors are intricately interlinked. People living in the high arena of life are more oriented towards branded food items. But middle class or lower middle class people dont care much about brands as far as food industry is concerned This study concentrated on the people of Karuvatta grama panchayath in Alappuzha districit. The main objective was to know the perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making. The study finds that the quality is the major influencing factor of buying condiments. The study also finds that the brand awareness level of Eastern Condiments Pvt ltd has high when compared to other competitors. The location chosen for the project was Karuvatta in Alappuzha district, and questionnaire was used for survey. In the present study the data was analysed using the software SPSS 20 version. It was interpreted from the analysis there is a high demand for branded condiments in the rural area. Analysis is the application and reasoning and interpretation of data that has been collected. Statistical tools are used for analysis.
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CHAPTER 1
INTRODUCTION
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1.1 INTRODUCTION
Fast moving consumer goods (FMCG) sector in India is one of the largest sectors in the Indian economy. FMCG goods are all consumable items (other than groceries/pulses) that one needs to buy at regular intervals. These are items which are used daily, and so have a quick rate of consumption, and a high return. Fast moving consumer goods (FMCG) sector in India is one of the largest sectors in the economy with estimated total market size of around Rs 110,000 crore in 2010. India produces 2.5 million tones to 3 million tones of spices annually. India produces spices of different categories worth around US$ 3 billion. In terms of volume and value, India accounted for 46 percent and 23 percent in value of global spice trade. (Source: Spices Board India) India accounts for 25-30 per cent of worlds pepper production, 35 per cent of ginger and about 90 per cent of turmeric production. Among the Indian Federal states, Kerala tops in pepper (96 percent), Cardamom (53 percent), Ginger (25 per cent) production in the country. Andhra Pradesh leads in Chilly and Turmeric production in the country with 49 per cent and 57 per cent. In coriander, cumin and fenugreek production in the country, Rajasthan emerges as the largest producer with 63 per cent, 56 per cent and 87 per cent. The world spice trade is estimated at US$ 1.5-2 billion in terms of value and 500,000tonnes in terms of quantity.
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1.2 INDUSTRY PROFILE
1.2.1 HISTORY OF THE INDUSTRY By 3000 B.C, turmeric, cardamom, pepper and mustard were cultivated in Harappa and Mohenjo-Daro, in the Indus valley, were of occupied mixed stock somewhat larger in structure than either the Sumerians of those communities. The bad club wheat barely sheep and goats from the Iranian plateau and cotton from Southern Arabia or North East Africa but were held back by their reliance on food water due to lack of knowledge of irrigation. Summer bad trade links with the Indus valley via Hindu Kush by3000 BC and by sea from 2500 BC thus thinking the Harappas with both Sumerians and Egyptian, where cumin, anise and cinnamon were used for embalming by 2500 BC. By 1750 BC Harappa civilization had disappeared probably due to flood and tectonic shift were replaced by the Aryans who invaded via Hindu Kush by 1500 BC. The Aryans had considerable contact with Babylon from whence the original flood legend arose o be adopted by both the Aryans and the Hebrews and several other civilization. In Britain the term curry has come to mean almost any Indian dish whilst most from the sub-continent would say it is not a world they use but if they did it would mean a meat, vegetable or fish dish with spicy sauce and rise or bread. The earliest known recipe for meat in spicy sauce with bread appeared on tablets found near Babylon. In Mesopotamia written in uniform text discovered by the Sumerians and dated around 1700 BC probably as an offering to the good Marduk. 1.2.2 INDUSTRY PROFILE Spices and aromatic vegetables products were used as a flavouring or condiment normally refer to the derivatives from certain herbs like seed, Leaves, Bark, root etc. They were used mainly for enhancing taste of the food. The word spice is derived from the word spice which was applied to groups of exotic foodstuffs in the middle ages. Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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Spice term was formerly applied also to pungent or aromatic food, as ingredient of incense or perfume and to embalming agent. Modern trend to limit the term to flavouring used in food or drink. Although many spices have additional commercial uses eg: as ingredients of medicine, perfumes, incense and soaps. The earliest literary record in India on spice is the Rig Veda.(BC1500). The story Indian spices dates back to BC 7000 years into the past during the period of gulf of Campattu, which is discovered into the sea shore of Gujarat. In the modern world major thrust traditionally a country of agriculture India leads the trade spices can improve the palatability and the appeal of dull diets or spoiled food piquant flavours stimulate salivation and promote digestion in tropical climate. On the other hand they can add sense of inner warmth when present in cooked foods used in cold climate in India, traditionally, spice, formed a part of common mans daily food.
1.2.3 INDIA AND SPICES India produces 2.5 million tones to 3 million tones of spices annually. India produces spices of different categories worth around US$ 3 billion. In terms of volume and value, India accounted for 46 percent and 23 percent in value of global spice trade. (Source: Spices Board India) India accounts for 25-30 per cent of worlds pepper production, 35 per cent of ginger and about 90 per cent of turmeric production. Among the Indian Federal states, Kerala tops in pepper (96 percent), Cardamom (53 percent), Ginger (25 per cent) production in the country. Andhra Pradesh leads in Chilly and Turmeric production in the country with 49 per cent and 57 per cent. In coriander, cumin and fenugreek production in the country, Rajasthan emerges as the largest producer with 63 per cent, 56 per cent and 87 per cent. The world spice trade is estimated at US$ 1.5-2 billion in terms of value and 500,000tonnes in terms of quantity.
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1.2.4 CURRENT SCENARIO Within the past one decade, the international trade in spices has grown by leaps and bounds. As estimated 500.000 tone of spice and herbs values 1500 million US dollars are now imported globally every year. An impressive 46% of this supply comes from India. Indias exports and spice extracts have made spectacular growth attaining over 50% of the global market within a short span. This remarkable achievement is boon of a sea change in the industry scenario.
1.2.5 The Indian share At present India produce around 2.5 million tones of different spice valued at approximately 3 million US dollar, and hold the premier position in the world. Because of the varying climate suitable for the spice cultivation almost all spices are grown in this country. In almost all spices are grown in this country. In almost all the 28 states and six union territories of India, at least one spice is grown in abundance. No country in the world produces as much variety of spices as India.
1.2.6 EXPORTS OF SPICES FROM INDIA India can now boast as the monopoly supplier of spice oils and oleoresins the world over. In the case of curry powders, spice powders, spice mixtures and spices in consumer packs, India is in a formidable position. The consistent effort of the Board during the last one decade has improved the share of the value added products in the export basket to60%
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1.3 COMPANY PROFILE
1.3.1 ABOUT THE COMPANY The Eastern Group was founded by Mr. M. E. Meeran, chairman of the group. He started his activities as a business with a wholesale provision goods shop at Adimali in 1969 named Eastern trading company and it was being called as E.T.C. Eastern Coffee and Curry Powder established in 1983 as a pioneer in the state to produce packed curry powders, coffee powder and food products. Eastern Condiments was established in 1991, as expanded form of astern Coffee and Curry Powder, and employing 150 employees where as Eastern Coffee and Curry Powder were employing 20 workers. Today the company has grown in to the favourite in India. Eastern Condiments Pvt. LTD. is a well established name as Keralas largest manufacturer of condiments and one of the leading brands among the South India. The company exports its products to Saudi Arabia and the United Arab Emirates for the past few years and now the company exports its products to various parts of the world like Middle East, the U.K, the U.S.A, Australia, Germany etc. The production at the initial period was only 100kg per day. In those days, the process of production was enhanced from grinding to pulverizing and so the production could also help to preserve the natural taste of the powder. As Eastern curry powder unit could not meet the increased demand, establishment of Eastern Condiments with a production capacity of 20 tones a day was a absolutely necessary. From the initial production capacity of 100kg per day, now it can produce around 78 tones per day. The purity and freshness of Eastern Curry Powders made Eastern a house hold name in India and abroad. Bringing high quality products every day at affordable prices to the common man for his daily use is the ultimate goal of Eastern group of companies. Treating the customers with commitment for quality at the right price in all products is their formula for success. Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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Eastern Condiments was established in 1991 .100000 Kg of sales was registered in 1991. The company is the leading brands in India and second most popularized brand in Kerala .The company hold 75% market share and it follow cash and carry method. The company follows direct distribution and it had 86 routes. Now the company had 1500 employees and the last year turnover was Rs. 450 Cr. The company plan to attain the target of Rs.1000 Cr by 2012 1.3.2 Awards Won The eastern group has won many prestigious awards for its outstanding performance by Spices Board India for 8 consecutive years from1998 to 2004-05. Mr. M.E.Meeran, Chairman of Eastern Group was awarded as the Best Business Man Of The Year by Business Deepika(leading business journal in Kerala) in 2007-2008. He is also the award winner of Best Entrepreneur of the Year by Mangalam Publications. The company has also won the FACT MKK NAIR MEMORIALPRODUCTIVITY award for the year 1995-96. The company has got ISO 22000 and the HACCP certification. Eastern was the first company in India to get ISO 22000 certificate. Every award has been a stepping stone for achieving greater heights and look forward for higher goals. The foresight of the chairman is the guiding light for the blazing track of the group.
1.3.3 The Management of the Company The Eastern group is managed by termed professionals and family members. From the very beginning, Mr. M.E.Meeran has been the chairman and the Manager of the Company. In addition, Mr. Navas Meeran, Mr Firoz Meeran, Mr.S.M.Mohammed and Mrs. Nabeesa Meeran hold the Board of Directors. Besides, there is an administration office working at Ernakulam for itsaccurate administration. As head of administration, there is a Chairman and below a Vice chairman
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1.3.4 PRODUCT PROFILE Eastern processes and manufacture Spices and blended spice powders. Spices are procured from the finest plantations in Kerala, India.
MASALA BLENDS Beef Ularthu Masala Chicken Masala Curry Powder Fish Masala Meat Masala Meen Mulaku Masala Rasam Powder Sambar Powder Tandoori Masala Vegetable Masala Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
WHOLE SEEDS Black Pepper Cardamom Chilli Clove Cumin Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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Fennel Fenugreek Kashmiri Chilli Mustard
CELEBRATION Palada Palada Mix Payasam Mix 1.3.4 Company vision To be the preferred supplier catering to the basic needs of the mass market by providing products and services of outstanding value through the adoption of global standards and innovative practices. To be the preferred employees in the group they are in by providing a challenging work environment and adding value to our people through varied exposure and continuous education or shared learning. To be preferred business partner to the entire stakeholders by providing them exemplary benefits and shared growth . 1.3.5 Company mission To provide good quality goods to the present and prospectivecustomer so that company can prosper more. To have continuous availability of product of Eastern so that thereshall not be any shortage of goods in the market. To give the customers delight that is giving more than what isexpected by the customer. Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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1.3.6 EASTERN GROUP OF COMPANIES Eastern Group of Companies is a group of companies with diverse interests and a world leader in Indian spices. Eastern has ventured into various areas like tyre retreads, mattresses, garments, packaged foods, mineral water and public school and has many more projects in its dream. The detailed description of each company is given below; 1. Eastern Curry powders The company has provided their consumers with consistently high quality powders and blends. Eastern Condiments operates from two modern factories situated in the Western Ghats of South India Natural Spice Powders Eastern turmeric Powders Eastern Chilly Powder Eastern Coriander powder Eastern Black Pepper Powder Eastern Curry Powder 2. Sunidra Mattresses Sunidra mattresses Pvt. Ltd. was set up in 1999 to manufacture rubberized coir mattresses with a state of the art factory in Thodupuzha. The popular brand of rubberized coir mattress manufactured by Sunidra Mattresses Pvt.Ltd.is slowly growing to be a market leader in the country. Sunidra has own the ISO 9001-2000 certificate. Sunidra is made of rubberized coir sheets that are produced from 100%natural latex without any added waste. These rubberized coir sheets are air permeable and have natural breathing qualities, it doesnt cause any allergies and also recyclable.
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3. Eastern Aqua minerals Eastern Aqua Mineral, a recently launched company was set up in the year 2002.Eastern Aqua Mineral entered the area of packaged drinking water with the state of srt plant located at Eranakulam district. Eastern packaged drinking water of highest purity standard, high quality with control, 1286testing facilities and quality product with international standards. It is available in convenient sizes. Eastern packed drinking water is also priced attractively in keeping with Easterns view of bringing high quality products to the common man at the right price. 4. Eastern Public School The Eastern group entered the area of education with the getting up of the Eastern Public School. Mrs. Nabeeza Meeran has been the Principal of Eastern Public School. This school ensures a high quality education from kindergarten to primary levels with C.B.S.E syllabus providing all the residential facility residing at the heart of Idukki District 5. Eastern Treads Ltd Eastern Treads Ltd. Is a public company engaged in the manufacturing of quality procured tread, cushion, bonding gum and black vulcanizing cement. Its branches all over India have been showing consistent high performance and growth. The factory has annual turnover of 12 crore and it is located at Oonnukal, Kothamangalam. The company has a processing capacity of 12 tonnes of cold rubber per day with nation widemarket network. This company is in the service industry for rethreading tyres and the service plant is located at Vazhakulam. The company services by rethreading of used tyres on an average basis of 1500 tyres per month. 6. King Richard Shirts King Richard Shirts, a brand of men's wear from Eastern Clothing Company was set up in 1999. This brand was targeted at middle class. King Richard Includes all the trends of colour combinations and designs of fashion shirts and trousers with a view to meet the aspiration of working class with a quality ready wear at responsible price in the international styles. This Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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factory has the production capacity of 15,000 shirts per month. Top quality fabrics are used in the manufacture of King Richard brand shirts(utilizing 100% of cotton from India and European brands like Bergamo, Brembana, Italian fabric etc.). This brand usually comes out mostly formal and casual styles; but also makes small numbers of semi-casual styles. 7. Eastea
Taste and strength in every sip. Premium blended tea, from Eastern has just entered the market with its signature promise of taste and strength. Form the fresh, green plantations of the Nilgiris in south india,Eastern sources high quality CTC tea
8. Mohanlals Taste Buds Mohanlals Taste buds , which is an ISO 9001:2008 certified Company, as the name indicates, truly wish to stimulate the taste-buds of people with the exotic tastes and flavours of South Indian Kitchen in general and the whole of Kerala in specific. The MTB, while fulfilling its mission has a long-term vision of creating a world-renowned brand of our traditional culinary preparations. The vision is achieved through un-compromising quality and safety of the foods produced and distributed. Taste Buds believes and follows a simple theory From hygiene comes purity. And from purity comes taste. Right from the time recipes are conceived by food experts to the manufacturing process to the time it reaches the customer, a great deal of importance is given to hygiene as much as its given to taste. It consist of range Masalas, Curry Powders, Rice Powder and other food products are now available in all the leading domestic and global outlets. They are made of the finest ingredients that are carefully processed with the latest technologies to keep the real flavour intact.
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1.3.7 COMPATITORS INFORMATION The company has many competitors in the market because the condiments industry it also small scale industry. So the company faces competitors mainly from three different states like Kerala - Melam, Priyam, Saras, Bramins, Ruchi, Double Horse ,Sumans, Quality Karnataka -M T R Tamilnadu Shakthi
1.3.8 Food safety management system Eastern company has established documented, implemented and maintained an effective food safety management system and update it when necessary in accordance with the requirements of this international standard ISO 22000:2005 and HACCP The company has Ensured that the food safety hazards that may be reasonable expected to occur in relation to products within the scope of the system are identified evaluated and control in such manner that the product of the organization do not directly or indirectly, harm the consumer, Communicated appropriate information throughout the food chain regarding safety issues related to its products, Communicated information concerning development implementation and updating of the food safety management system throughout the organization to the extent necessary to ensure the food safety required by this international standard, and Evaluated periodically and update when necessary the food safety management system to ensure that the system reflects the organizations activities and incorporates the most recent information on the food safety hazards subject to control.
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FOOD SAFETY POLICY Eastern Condiment p ltd is committed to supply safe and hygienic spice powder, masala powders, pickles rice and coffee powder to our customers through control of food safety hazards in the raw materials using greatest process technology maintaining hygiene and sanitation conditions, practicing personal hygiene system to the expectations of our customers by complying with statutory and regulatory requirements. LEGAL FRAMEWORK OF THE ORGANISATION Eastern Condiments Pvt Ltd is incorporated under THECOMPANIES ACT 1956 on 26 th Feb 1991 having its registered office at P.B no:15 Eastern Valley Adimali. The Authorized share capital of the company is Rs 35, 00,000/- divided into 3500 shares of Rs 1000 each.
1.3.9 ROLE OF ISO 22000 IN EASTERN CONDIMENTS PVT LTD Eastern is the first company in India and second in Asia to get the ISO 22000 certification issued by Food Cert BV Netherlands and accredited by RvA, the first body in the world for food safety accreditation. Eastern got ISO 22000 for food safety in September 2005. The organization shall ensure the following basic requirements for the implementation of ISO 22000. The food safety hazards that may be reasonable expected to occur in relation to product within the scope of the system are identified evaluated and controlled in such a manner that the product of the organization do not directly or indirectly harm the consumers Communicate appropriate information through the food chain regarding the safety issues related to its products Communicate information concerning development, implementation and updating of food safety Evaluate periodically and update Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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The ISO gave only the basic documents of the pre requisite programs and the company has to work out in its own way for implementing ISO. 1.3.10 DEPARTMENT IN EASTERN Human resource Development Finance and Accounting Production Maintenance Quality control Production Planning and control 1. Marketing Export 2. IT Department
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1.4 RESEARCH METHODOLOGY 1.4.1 Objectives of the study 1. Identify whether there is decrease in the consumption of branded condiments due to traditional condiment making. 2. To find out the most preferred factors that influence purchasing behavior of customers and retailers towards branded condiments. 3. To find out which brand of condiments are mostly preferred by customer and retailers. 4. In the case of customers using the non branded condiments, find out the reason for customers opting for traditional condiment making and the most preferred factors of non branded condiments. 5. To find out why customers are switching from branded condiments to traditional making condiments. 6. To find out most significant difference in raking of attribute (by customer) based on gender and type of family. 7. Find out difference in ranking of reasons for using non branded condiments based on type of family. 8. Find out difference in ranking of reasons for using branded condiments based on product difference. 9. Find out if there is any difference in the ranking of factor for not using branded condiments based on type of nuclear family. 10. Find out if there is any difference in the ranking of factor that customer expect in condiments (from retailers perspective) based on existing branded condiments in shop 11. Find out if there is any difference in the ranking of factor that customer expect in traditional condiment making (from mill owners perspective) based on type of nuclear family.
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1.4.2 METHODOLOGY OF THE STUDY This study used the descriptive type of research. Descriptive method of research is to gather information about the present existing condition. The purpose of employing this method is to describe the nature of a situation; the descriptive approach is also quick and more practical financially. Moreover, this method will allow for a flexible approach, thus, when important new issues and questions arise during of the study, a further investigation may be allowed
Primary source Primary data are those data collected by the researcher directly for some specific purpose. The primary source of data will come from a survey using questionnaire and interviews that will be conducted by the researcher. The primary data frequently gives the detailed definitions of terms and statistical units used in the survey. Secondary source Secondary data consists of information that already exists, having being collected for some other purposes. The secondary source of data will come from research through the internet; books, journals, related studies and other source of information. Acquiring secondary data are more convenient to use because they are already condensed and organized. Moreover, analysis and interpretation are done more easily. The different secondary sources from which data has been collected are web sites, journals, textbooks etc Target Population Population refers to the entire group of people, event, or things of interest that the researcher wishes to investigate. Since the project was the study of perception of customers, retailers and mill owner on the impact of branded condiments over traditional condiment making, target population of the study is the people in karuvatta. Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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Sample selection A sample is asset of population. It comprises of some member selected from the population. Sampling is the process of selecting a sufficient number of elements from the population. In this project, total sample size is two hundred was selected on convenient sampling and data was collected by using questionnaire. Sample size is split into three retailers, customer and grinding mill owners. Customer the sample size is one hundred. Retailer sample size is seventy five and mill owners sample size is twenty five. Duration of the study Duration of the study was from 15 th April to 30 th June (45 days) 1.4.3 DATA COLLECTION TOOLS Tools of data collection are the methods used for collecting the information required for the study. Each method is having its own advantages and disadvantages. Tool for collecting the data are selected according to the research process, or the behaviour of the study. In this study tool used for collecting the information were; Questionnaires and personal interviews 1.4.4 STATAISTICL ANALYSIS For the statistical analysis of data weighted average, Independent t test, Chi-square, graphical representation etc are used with the help of the software SPSS (Statistical Package For The Social Science) version20. Tools used were Chi-square test This is used to test the statistical significance of the observed association in across tabulation. It assists us in determining whether a systematic association exists between two variables. Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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Cross Tabulation A statistical technique that describes two or variables simultaneously and in tables result that reflect the joint distribution of two or more variables that have a limited number of categories or distinct values Frequency analysis A frequency distribution is obtained for each variable in the data. This analysis produces a table of frequency counts, percentage, and cumulative percentage for all the values associated with that variable. It indicates the extent of out-of-range, missing, or extreme values.
T-TEST This technique is done to see if there is any significant difference in the means for two groups in the variable of the interest. ANNOVA ANOVA is a collection of statistical models used to analyze the differences between group means and their associated procedures (such as "variation" among and between groups). In ANOVA setting, the observed variance in a particular variable is partitioned into components attributable to different sources of variation. In its simplest form, ANOVA provides a statistical test of whether or not the means of several groups are equal, and therefore generalizes t-test to more than two groups. 1.4.5 SAMPLING TECHNIQUE For the data collection of this project completion I used convenience sampling method, as its name implies, it refers to the collection of information from the population who were conveniently available to provide it.
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SAMPLE SIZE In this project, survey was administered among 100 customers, 75 retailers and 25 grinding mill owners. Customer the sample size is one hundred. Retailer sample size is seventy five and mill owners sample size is twenty five.
1.4.6 SCOPE OF THE STUDY The study is to identify the perception of customers, retailers and mill owner on the impact of branded condiments over traditional condiment making The study was confined to Alappuzha district, Kerala. The studies were conducted in the place Karuvatta Grama panchayath.The survey was conducted among twenty five mill owners, seventy five retailers and hundred customers. Study was for a period of 45 days from apirl15 to may 27.
1.4.7 LIMITATIONS OF THE STUDY The major limitation of the study were the following Was able to collect only the response of one respondent from each family. Individual responses may not reflect the opinion of the entire family Majority of the home makers were not entertaining data collection at their residence. Shop keepers were unwilling to disclose about why they prefer certain brand and income. Grinding mill owners were reluctant to reveal their trade secrets. The data collection tool was questionnaire many of them were illiterate people so I had to read it to them.
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CHAPTER 2
LITERATURE REVIEW
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2.1 PURCHASE INFLUENCING FACTOR Consumers are the end users of goods and services while a group of customers who purchase goods for inputs example organizations and business are referred to as customers. There are many factors that influence the purchasing decision of the customers. Many researchers came up with different ideas. The main factors affecting the decision of a customer are: 2.2 PRODUCT DESIGN
The design of the product is one of the main factors that influence the decision of the customer. Especially in case of food products customers will tend to buy what attracts them the most. So creating an innovative design for the product is important, so the companies when designing their products, companies try to employ shapes that are both emotionally appealing and compatible with the brands image.
2.3 PRICE
A fall in the price of a product will result to an increase in the quality of a product purchased, however these depends on the price elasticity of a product. If a product is price elastic and this means that the price elasticity of the good is more than one, then the products demand will rise at a greater proportion than the rise in price. If the price elasticity of a product is less than one then the demand for the product will not rise at a greater proportion than the price. The prices of substitutes also play a major role in determining the consumers purchasing behaviour, in a situation where a substitute of a product is less expensive, then the consumer will purchase the substitute, under the price of a product we will also consider the risk associated with buying a certain product, the more expensive a product is higher the risk and the higher the consequences of making the wrong decision. Another consideration is the price of the complimentary good, if the price of the complementary good is high then a customer will be less likely to purchase the product, future expectations about change in prices will also influence the buying decisions of consumers, if consumers expect a rise in price in price in the future for a certain product then Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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they will tend to purchase that good in large quantities to avoid high prices of the product in the future. Therefore the price of a product is a factor that influence the consumer buying decision, the consumer will purchase goods rationally to optimize on his real income and also maximize his utility, and prices of substitute and complementary goods play a role in consumers decision making on what to buy and in what quality.
When adjusting product prices, marketers wish information concerning consumers price perceptions. The present study aimed to develop an optimal pricing framework for food products by applying Webers Law and Stevens power Law in psychophysics. The first phase attempted to measure the differential thresholds when magnitudes of prices were raised and lowered. The second phase was conducted to establish the psychophysical function representing perceived changes. Analysis showed consumers differential thresholds were positively correlated with the initial price, consistent with Webers Law. Further, participants perceived change differed for increased and decreased prices. Products were perceived as cheaper only when medium and low-priced products were perceived as cheaper. Regardless of prices changes, participants perceived products were more expensive when prices dropped by a small amount (9).
2.4 PRODUCT MANAGEMENT
Managing the product is as important as or more important than developing the product. Delivering values to the customers is the main purpose of every business.
2.5 ADVERTISEMENT
Communicating the values to the customers is the main objective of every marketing strategy. Food industries generally put their advertisements in television as well as magazines. Women magazine or light magazine usually carriers these types of advertisements. There are other factors also which influences the purchasing decision of the customer. It can be
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INFORMATION Information simply means the knowledge about a particular product by the customer. It includes
AWARENESS The awareness about the product plays an important role in decision making process. It includes the ingredients, quality certification, benefits, adverse effects etc. As the customer knows more about the competitive advantage of the product there is a chance that the customer will more likely to buy the product. So building awareness among the customer regarding a product is very important to achieve sales target. It is the part of the marketing activity.
FREQUENCY OF FOOD LABELS USED As the frequency of the food labels used increases the trust of the customer towards the product also increase trust of foods.
BELIEF Beliefs are the strong convictions of the people. There are many factors that formulates these believes. They are;
SAFE OF HUMAN CONSUMPTION People should be strongly convinced that the product is safe to use. Regarding the food products customers are highly sensitive. If any malfunction happens the demand of the product will goes down drastically. So it is all about creating a trust. Here brands play crucial roles.
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CORPORATE SOCIAL RESPONSIBILITY When people see a social responsibility in products it boosts the buying decision. So many companies are also using this technique. When customer identifies that the company is doing something beneficial to the society, it creates a sense of belongings to the company. It in turn helps to increase the sale of the product.
ATTITUDE Customers will have a set of behavioural patterns to a particular towards the products. Here the taste of the customer plays an important role. These tastes will be influenced by factors such as social, culture, environmental etc.
INTENTION After covering all these factors customer reaches conclusion whether to buy or not buy the product. (1) Another article says that people buy packaged items because of the flexibility to use the item. On the other hand people intentions of consumers who decide not to buy packaged items are they are concerned about the safety of the products. Another research says about the purchasing factor is that a typical consumer explanation for both quality and value for money is about the price and physical attributes of the food brands. Other factors such as storage image and food ingredients are equally importance. The appeal for own-label groceries is based on price and customer scepticism. Product quality is usually the major purchasing factor and the measure of value. The assessment of consumer thinking comes from the marketplace. Own-label preference is based on price and value for money rather than quality.(4)
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2.6 WORD OF MOUTH PUBLICITY AND DECISION MAKING FACTOR
Like in all other business word of mouth publicity is the most authentic source of every information. There is interplay of social and temporal distance on consumers responses to others recommendations. Drawing on research on psychological distance and the fit literature, others recommendations are more persuasive when the construal levels associated with both social distance and temporal distance are congruent. Specifically, the time-contingent effect of recommendation: others recommendations lead to a greater preference shift when people make decisions for distant-future consumption than for near-future consumption. Second, contrary to conventional wisdom, close others do not always have a greater impact than distant others. Instead, recommendations from close others are more influential in shifting near-future preferences than those from distant others, whereas recommendations from distant others are more influential than those from close others in shifting distant-future preferences. The authors demonstrate that others recommendations are perceived to be more relevant as the underlying mechanism when there is a match of construal levels between the social and temporal distance.
2.7 PRODUCT APPEARANCE
Researchers are done to investigate the importance of packaging design for food brand, by developing an understanding of how consumers evaluate own-label packaging. Providing an insight into their shopping behaviour regarding premium own-label desserts and identifying the factors that influence their purchase decisions. Implicit in this is a need to establish how the packaging designs of premium own-label products influence the purchase decisions of consumers. Findings would clearly indicate that there is a strong association regarding the influence of packing on the purchase decision, with over 73 per cent of interviewed 4.6 consumers stating that they rely on packing to aid their decision-making process at the point of purchase. Research - As own-label brands are exclusive to, and owned by, the retailer they have potentially the opportunity to develop packaging designs that are even more attuned to their customer base than those offered by the equivalent range of branded products(6). Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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The importance of packing design and the role of packaging as a vehicle for consumer communication and branding are necessarily growing. To achieve communication goals effectively, knowledge about consumer psychology is important so that manufacturers understand consumer response to their packages. The conjoint results indicate that perception about packaging technology (portraying convenience) play the most important role overall in consumer likelihood to buy. Some consumers are mostly oriented toward the visual aesthetics, while a small segment focuses on product detail on the label. So we can reach at a conclusion that segmentation variables based on packaging response can provide very useful information to help marketers maximize the packages impact.
2.8 CORPORATE REPUTATION AND PURCHASING FACTOR
Some studies are conducted to find out do consumers really care about corporate reputation when it comes to purchasing decisions? This study tests that hypothesis by comparing consumers perceptions of companies to the consumer equity of brands owned by those companies, using international studies of brand equity and corporate reputation. The results show that poor corporate reputation makes building strong brands difficult, but a good reputation is no guarantee of success. The elements of corporate reputation that seems to matter most to consumers in practice are perceptions of fairness toward consumers, and perceptions of corporate success and leadership, rather than public responsibility. Consumers want good business practice but when it comes to brand strength and purchasing, more personally relevant factors take precedence. So pushing a corporate social responsibility agenda to consumers may not reap the strongest rewards. But ethical brands that bring no penalty in cost or quality are likely to be more successful.
2.9 SOCIAL RESPONSIBILITY
CSR of the product has an influence in the purchasing decision of the buyer.it encompasses a wide array of activities. Many studies have suggested that people increasingly take CSR into account in their buying decisions, every though they have a very little knowledge Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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about the product. In this condition consumers choose one particular type of socially responsible brands over another. This study addresses this issues and finds that when a company focuses on improving its own transformation processes, the companys buyers prefer suppliers that also practical congruous type of CSR over suppliers that practice CSR activities without a connection to their transformation processes (incongruous CSR). In addition, this preference is found to be stronger when the suppliers product constitutes a relatively large share of the buying companys end product. Many concerned people are unaware of the full impacts of their buying decisions on the environment. There are papers aims to show how people can be helped to behave more responsibly when they buy. Pioneering companies are also reducing cost, risk and stress; and improving quality and compliance. Many people lack a practical and cost-effective way of doing so.
2.10 SATISFACTION AND BUYING DECISION
There are researches which reports on a longitudinal, quantitative study of the effects of satisfaction and emotions on future behavioral intention. A review of the literature identifies growing evidence of the effects of an individuals emotional state on consumption decisions. There is evidence that measures of satisfaction are poor predictors of repeat buying behaviour, and this may be due to their failure to adequately incorporate an effective element. The overall objective of this research was to explore the association between implementation of cooperative purchasing/supplier relationships, internal service quality, and an organizations ability to provide quality products and services to its customers. Specifically, purchasing-related factors influencing internal and external product and service quality were identified from the literature and internal service quality model was developed and then tested using empirical data.. The finding from this study indicates the existence of strong relationships between implementation of cooperative purchasing/supplier relationships, internal service quality, and the service and product quality provided to external customers. Additionally the key role of purchasing in the integration and communication of quality expectations and quality performance will affect the purchasing decision of the firm (11). Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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Many food traits desired by consumers are costly to provide and difficult to verify. A complicating factor is that delivered quality can only be affected stochastically by producers and imperfectly observed by consumers. Markets for these goods will emerge only if supplying firms can be trusted. Repeated purchase model were developed to explore how quality discoverability, market structure, nature of reputations, market premiums and discount factors drive firm choice about the stringency off quality assurance systems designed to gain consumer trust. Reputation protection is key incentive for firms to invest in high-quality goods and quality assurance systems (12).
2.11 LABELLING Labelling helps consumers sustain a healthy lifestyle through the food choices they make. There are researches which deal with an attempt to understand the importance of labeling in the buying decision of a brand. Findings suggested that customers usually read food labels to assess the nutritional value, personal benefits, health attributes and product quality. Various purchasing influences were also identified, suggesting that consumers are in some cases motivated by food labels to purchase a product, or may be unresponsive to the label or indifferent by being aware of the information but not reluctant to buy a product that does not indicate essential information. Several indirect consideration factors such as situational factors (e.g. family), extrinsic (e.g. price) and intrinsic (e.g. taste) may contribute to the purchasing behavior of some consumers. These findings are useful to propose a perceptual model of the way in which food labels influence purchasing behavior and explain the role of food labels in the purchasing decision of label reading consumers. This information is especially significant for new packaging and labeling initiatives as it highlights(13).
2.12 BRANDS AND DECISION MAKING
BRAND A brand is the identity of a specific product, service, or business. A brand can take many forms, including a name, sign, symbol, color combinations of slogans. The word brand begins simply as a way to tell one persons cattle from anther by means of a hot iron stamp. A legally Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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protected brand name is called a trademark. The word brand has continued to evolve to encompass identity in effect the personality of a product, company or service.
BRAND AWARENESS It is a marketing concept that measures consumers knowledge of a brands existence. At the aggregate (brand) level, it refers to the proportion of consumers who know of the brand. Brand awareness, In general, means the extent to which a brand associated with a particular product is documented by potential and existing customers either positively or negatively. Creation of brand awareness is the primarily goal of advertising at the beginning of any products life cycle in target markets. In fact, brand awareness has influence on buying behavior of a buyer. Brand Awareness can be measured by showing a consumer the brand and asking whether or not they knew of it beforehand. However, in common market research practice a variety of recognition and recall measures of brand awareness are employed all of which test the brand names association to a product category cue, this came about because most market research in the 20 Century was conducted by post or Telephone, actually showing the brand to consumers usually required more Expansive face-to-face interviews (until web-based interviews became possible). This had led many textbooks to conceptualize brand awareness simply as its measure that is, knowledge that the brand is a member of a particular product category. E.g.SoftDrinks.
BUILDING BRAND AWARENESS THROUGH TRADESHOWS
Since Exhibiting is a powerful extension of your companys advertising, promotions, public relation and sales functions, that automatically means it is an excellent way to enhance brand awareness. Learn the three important points to consider as you plan to integrate brand awareness in to your tradeshow program.
By Susan A Friedmann Contributin Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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g Author
Branding is a basic marketing concept that is designed to set your products/services apart from the competition. By using a particular name, phrase, design, symbol or a combination of these, you can create a unique identity. When choosing a brand name, considering the following five criteria
1. It should suggest product/service benefits. 2. It should be simple, memorable, and unique. 3. It should fit the image of the company. 4. It should be positive connotations for the target markets/ 5. It should be easy to pronounce and to pictorialize BRAND EQUALITY It refers to the marketing effects or outcomes that accrue to a product with brand name compared with brand name compared with those that would accrue if the same product did have the brand name and, at the root of these marketing effects is consumers knowledge. In other words, consumers knowledge about a brand makes manufacturers/advertisers respond differently or adopt appropriately adopt increasingly popular as some marketing researchers have concluded that brands are one of the most valuable assets that a company has. Brand equity is one of the factors which can increase the financial value of a brand to the brand owner, although not the only one. Brand equity is the positive effect of the brand on the difference between the prices that the consumer accepts to pay when the brand known compared to the value of the benefit received. Brand equity is a multi-dimensional concept and a complex phenomenon, some dimensions of which have been empirically tested in the literature. Among several brand equity models in the literature, we have chosen that constructed by Aaker (1991), the most commonly cited, which is show below. It has been probed in a number of empirical investigations (Eagle Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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and Kitchen, 2000; Yoo et al., 2000; Faircloth et al., 2001; Washburn and Plank, 2002), the most critical parts of which involve the verification of the dimensions on which brand equity is based. As depicted in the figure, Aaker built his model of brand equity on five dimensions. Each is briefly reviewed below, together with the related hypotheses which have been separately tested in the succeeding sections of this study. Brands vary in the amount of power and value they have in the market place. At the extreme are brand that are not known by most users. At the other extreme, there are brands for which buyers have a fairly high degree of brand awareness. (Aaker, 1991, 61) defines brand awareness as the ability of the potential buyer to recognize and recall that a brand is a member of a certain product category. According to Keller (2003), brand awareness plays an important role in consumer decision making by bringing three advantages; these are learning advantages, consideration advantages, and choice advantages. Customer-based brand quality occurs when the consumer has a high level of awareness and familiarity with the brand and holds some strong, favorable, and unique brand associations in memory. Thus, the third hypothesis is as follows: H3. Brand awareness has a significant direct effect on brand equity. Brand equity has been measured in a number of ways: .equalization prize (Swait et al., 1993); .brand attributes (Lassar et al., 1995); .price premiums (Aaker,1991); .stock price analysis (Simon and Sullivan,1990); .replacement cost (Aaker, 1991); .brand loyalty analysis (Feldwick, 1996); and .modeling (Kamakura and Russell, 1993). An attitudinal brand equity measure was most relevant to this research since we were concerned with understanding customer-based brand equity. That is , we examined how consumer perceptions of brand pairings affect their attitudes towards the brand with respect to its brand equity dimensions. Aakers (1991) five dimensions (brand loyalty, brand awareness, Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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perceived quality, brand associations, and other proprietary brand assets) are commonly used to measure brand equity. Kellar (1993) conceptualized brand equity using an associative memory model focused on brand knowledge and involving two components, brand awareness and brand image, described as set of brand associations. Using this conceptualization of brand equity, the managers first job is to create and enhanced brand awareness, then builds on this foundation and craft a salient image composed of a group of positive associations about the brand. The typical marketing tools used to create brand image include the choice of advertising budgets, message and media, as well as packaging, pricing and distribution channels. Proper management of these elements helps to create a level of awareness in the target audience, and careful creative activities can form a brands identity in the consumers mind- its brand image. There are several levels of brand awareness depending on the ease with which a consumer can recall the brand. Consumers exposed to advertising, word, mouth and other promotions, who they are able to recall the brand only with some kind of cue achieve a low level of brand awareness, recognition, also call aided recall. Aided recall is insufficient to generate a consumer choice itself, since the consumer is unable to generate a picture of the brand, a consumer would have to encounter the brand the brand and recognize it as a potential purchase choice. The associative memory model would describe the strength of association between the brand and the situation as relatively weak. However, since the consumer can recognize the brand when confronted by it, the marketing efforts may still have a positive effect. If consumers make decisions in the store for a group of products, recognition will be very important in shaping the purchase of those products. Brand awareness is an important and sometimes undervalued component of brand equity. Awareness can affect perception and attitudes, and it drives brand choice and loyalty. Awareness reflects the salience of the brand in the customers mind. There are many levels of awareness, including (Aker, 1996b); Recognition (e.g. Have you heard of Buick loadmaster?) Recall (e.g. what brands of cars can you recall?) Top-of-mind (e.g. the first named brand in a recall test) Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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Brand extension possibilities: this criterion relates to the brands ability to diversify by entering markets other than its present ones. There are several measures of such potentials; for example, the brands existing awareness in markets where it has no presence. The competitive advantage of a successful brand name is a variable asset for the firm owning the brand. The value of this advantage is indicating by the money paid by firms that have acquired consumer package goods with strong brand name. since 1986, there has been a frenzy of mergers and acquisitions in which brands have played primary roles. Brands are important to firms because they lead to customer loyalty which in turn ensures demand and future cash flows. The brand also captures the promotional investment over time. Therefore, it is not surprising that the primary capital of many businesses is their brands. The notion that a brand has an equity that exceeds its conventional asset value was developed by financial professionals. Brand equity has been viewed from a variety of perspectives. The first perspective has used the concept of brand equity in the context of marketing process. The second perspective is financially based and views brand equity in terms of the incrementally discounted future cash flows that would result from a branded product in comparison with the revenue that would occur if the same product did not have the brand name. The financial approaches estimate the overall value of a brand for investment purpose (e.g. merger, acquisition, or divestiture). BRAND IDENTIFY A product identity, or brand image are typically the attributes one associates with a brand, how the brand owner wants the consumer to perceive the brand and by extension the branded company, organization, product or service. The brand owner will seek to bridge the gap between the brand image and the brand identity. Effective brand image build a connection between the brand personalities as it is perceived by the target audience and the actual product service. The brand name should be conceptually on target with the product/service (what the company stands for). Furthermore, the brand name should be on target with the brand demographic. Typically, sustainable brand names are easy to remember, transcend trends and have positive connotations. Brand identity is fundamental to consumer recognition and symbolizes the brands differentiation from competitors.
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REFERENCE 1. C.R.Kothari, "Research Methodology, methods and techniques". New Age Inetrnational (p) limited, Publisher, New Delhi, Second edition. 2. Philip Kotler, Marketing Management" 3. Rajeev Batra & David.A.Aaker. Advertisement Management" 4. Aaker, D.A and Keller, K.L. (1990), "Consumer evaluations of brand extenstions Journal of marketing, Vol. 54 No l, pp.27-41l. 5. Gibson. R. (1990), "The end of the line? Overkill on extensions, wall street journal, June. 6. Keller, K.L (1993),conceptualizing, measuring and managing customer-based brand equity, journal of marketing, Vol. 57, January, pp. 1-22. 7. Kotler, P.H (1991), Marketing management, Analysis, Planning, and Control, 8th ed., Prentice-Hall. Englewood Cliffs, NJ. 8. Loken. B. and Roeddcr John, D (1993), "Diluting brand beliefs: when do brand extensions have a negative impact?", Journal of Marketing, Vol. 57, July, pp. 71-84 9. Sharp. B (1993), "Managing brand extension", Journal of Consumer Marketing, Vol. 10 No. 3, pp. 11-17 10. Sullivan, M (1990), "Measuring image spillovers in umbrella branded products. Journal of Business, Vol. 63, pp. 309-29. 11. Tauber, E.M. (1981). "Brand franchise extension: new product benefits from existing brand names, Business Horizons, Vol. 24 No. 2, pp 36-41. 12. Measurement and tracking of brand equity in the global marketplace The Pepsi Co experience Paulette Kish and Dwight R. Riskey Innovation and consumer insights, Frito- lay, Inc.
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CHAPTER 3 DATA ANALYSIS AND INTERPRETATION
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3.1 GRAPHICAL REPRESENTATIONS
TYPE OF FAMILY
INFERENCE From the chart we can see the 19% of the respondents are joint family. Remaining 81% of respondent are from nuclear family. Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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WHICH ALL PRODUCTS IS PREFERED BY THE CUSTOMER
INFERENCE From the chart we can see the 32% of the respondents are consuming curry masala only and 8% are consuming spices only. Remaining 36% of respondent are consuming both curry masala and spices. Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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ANY PROBLEM FACED WHILE USING THE BRANDED CONDIMENTS
INFERENCE From the chart we can see the12% of the respondents faced problem during the consumption of branded condiments. Remaining 88% are never faced any problem while using branded condiments.
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WHICH ARE THE EXISTING BRAND AVALIBLE IN THE SHOP
Which are the existing brands available in the shop Frequency Percent Valid Percent Cumulative Percent Valid Eastern 64 85.3 85.3 85.3 quality 5 6.7 6.7 92.0 sumans 6 8.0 8.0 100.0 Total 75 100.0 100.0
INFERENCE From the chart we can see the 85.3% of shop contain Eastern condiment and 8% contains Sumans condiment. Remaining 6.7% shop contains by Quality condiment. Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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CONSUMPTION OF BRANDED CONDIMENTS
using branded condiments Frequency Percent Valid Percent Cumulative Percent Valid yes 78 78.0 78.0 78.0 no 22 22.0 22.0 100.0 Total 100 100.0 100.0
INFERENCE From the chart we can see the 78% of people are using branded condiments. Remaining 22% of people are following traditional condiment making.
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RETAILERS TOP OF MIND AMONG CONDIMENTS Name the first brand of condiment that comes in your mind Frequency Percent Valid Percent Cumulative Percent Valid Eastern 69 92.0 92.0 92.0 sumans 6 8.0 8.0 100.0 Total 75 100.0 100.0
INFERENCE From the chart and table we can see that 92% of retailer top of mind is Eastern condiment and remaining 8% is for Sumans condiment.
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IS CONDIMENTS SALES IS DECREASING, WHEN COMPARING WITH THE PREVIOUS YEAR
INFERENCE From the chart and table we can see that, according to 97.3% of retailers the condiment sales is not decreasing when compared with the last year.
condiments sales is decreasing,when compering with the previous year Frequency Percent Valid Percent Cumulative Percent Valid yes 2 2.7 2.7 2.7 no 73 97.3 97.3 100.0 Total 75 100.0 100.0
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WHY CONDIMENTS SALES IS DECREASING
INFERENCE From the chart and table we can see that, condiments sales decrease due to low quality, adulteration
Branded condiments sales decrease due to Frequency Percent Valid Percent Cumulative Percent Valid Low quality 1 1.3 50.0 50.0 Adulteration 1 1.3 50.0 100.0 Total 2 2.7 100.0
Missing System 73 97.3
Total 75 100.0
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AVERAGE SALES PER MONTH OF BRANDED CONDIMENTS
average sale per month of branded condiment Frequency Percent Valid Percent Cumulative Percent Valid Less than 500 33 44.0 44.0 44.0 upto1000 16 21.3 21.3 65.3 upto 1500 13 17.3 17.3 82.7 above 2000 13 17.3 17.3 100.0 Total 75 100.0 100.0
INFERENCE From the chart and table we can see that, 44% of retailers selling below 500 rupees and 21.3% selling upto 1000 rupees per month. Condiment sales are not decreasing when compared with the last year. 17.3% selling.
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CONDIMENT GRINDING MILL TYPE
condiment grinding mill type Frequency Percent Valid Percent Cumulative Percent Valid medium 23 92.0 92.0 92.0 large 2 8.0 8.0 100.0 Total 25 100.0 100.0
INFERENCE From the chart and table we can see that, 92% of grinding mills are in medium size and remaining 8% are large in size.
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GRINDING MILLS AVERAGE INCOME EARN PER MONTH
average income earn per month Frequency Percent Valid Percent Cumulative Percent Valid upto 10000 17 68.0 68.0 68.0 upto15000 6 24.0 24.0 92.0 upto 20000 2 8.0 8.0 100.0 Total 25 100.0 100.0
INFERENCE From the chart and table we can see that, 68% of grinding mills earn upto 10000 and 24% earn upto 15000. Remaining 8% earn upto 200000 per month. Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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POTENTIAL CUSTOMERS FOR TRADITIONAL MAKING CONDIMENTS IN MILL OWNER PERCEPTION
potential customers for traditional condiments Frequency Percent Valid Percent Cumulative Percent Valid joint family 19 76.0 76.0 76.0 nuclear family 6 24.0 24.0 100.0 Total 25 100.0 100.0
INFERENCE From the chart and table we can see that, 76% of people are from joint family. Remaining 24% of people are from nuclear family.
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POTENTIAL CUSTOMERS IN NUCLEAR FAMILY FOR TRADITIONAL MAKING CONDIMENTS IN MILL OWNER PERCEPTION
if nuclear family Frequency Percent Valid Percent Cumulative Percent Valid only one person is employed 18 72.0 72.0 72.0 2 person is employed (husband and son) 7 28.0 28.0 100.0 Total 25 100.0 100.0
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INFERENCE From the chart and table we can see that, 72% of consumers are from only one person is employed. Remaining 24% of consumers are from two person is employed. Both wife & husband are employed and all members in the family are employed were not depend on grinding mills, Because of lack in spending the time on it. WHICH SPICES ARE MOSTLY GRINDING IN MILL
which spices are mostly grinding in mill Frequency Percent Valid Percent Cumulative Percent Valid chili & coriander 5 20.0 20.0 20.0 chili,coriander,wheat &rice 20 80.0 80.0 100.0 Total 25 100.0 100.0
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INFERENCE From the chart and table we can see that, 80% of mills were grinding chili, coriander, wheat &rice. Remaining 20% only concentrate in grinding chili and coriander.
MILL OWNERS REALATIONSHIP WITH CUSTOMER
Rate the relaionship with customer,considering all experience with them. Frequency Percent Valid Percent Cumulative Percent Valid Excellent 2 8.0 8.0 8.0 very good 21 84.0 84.0 92.0 good 2 8.0 8.0 100.0 Total 25 100.0 100.0
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INFERENCE From the chart and table we can see that, 84% of mills owner keep their relationship very good. Remaining 16% keep excellent and good relationship to the customer.
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3.2 CHI-SQUARE TEST TO FIND OUT ANY ASSOCIATION BETWEEN TYPE OF FAMILY AND USING BRANDED CONDIMENTS
Null hypothesis H0: There is no association between type of family and using branded condiments.. Alternate hypothesis H1: There is association between type of family and using branded condiments.
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INTERPRETATION The above analysis is to identify the relationship between type of family and using branded condiments. The analysis shows a Pearson chi-square value of17.612 with significance of 0.000 which is far below the significant level 0.05. Thus the null hypothesis is rejected that is there is an association between type of family and using branded condiments.
CHI-SQUARE TEST TO FIND OUT ANY ASSOCIATION BETWEEN TYPE OF FAMILY AND DEMAND FOR A PARTICULAR BRAND
Null hypothesis H0: There is no association between type of family and demand for a particular brand. Alternate hypothesis H1: There is association between type of family and demand for a particular brand.
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INTERPRETATION The above analysis is to identify the relationship between type of family and demanding for a particular brand. The analysis shows a Pearson chi-square value of 9.234 with significance of 0.002 which is far below the significant level 0.05. Thus the null hypothesis is rejected that is there is an association between type of family and demand for a particular brand.
CHI-SQUARE TEST TO FIND OUT ANY ASSOCIATION BETWEEN GENDER AND DEMANDING FOR A PARTICULAR BRAND
Null hypothesis H0: There is no association between gender and demanding for a particular brand. Alternate hypothesis H1: There is association between gender and demanding for a particular brand
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 58 |P a g e
INTERPRETATION The above analysis is to identify the relationship between gender and demanding for a particular brand. The analysis shows a Pearson chi-square value of 5.488 with significance of 0.019 which is far below the significant level 0.05. Thus the null hypothesis is rejected that is there is an association between gender and demanding for a particular brand.
CHI-SQUARE TEST TO FIND OUT ANY ASSOCIATION BETWEEN GENDER AND WHICH ALL PRODUCTS IS PREFERED BY THE CUSTOMER Null hypothesis H0: There is no association between gender and which product prefers (curry masala, spices or both). Alternate hypothesis H1: There is association between gender and which product prefers (curry masala, spices or both).
INTERPRETATION Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 59 |P a g e
The above analysis is to identify the relationship between gender and which product prefers (curry masala, spices or both). The analysis shows a Pearson chi-square value of 37.321 with significance of 0.000 which is far below the significant level 0.05. Thus the null hypothesis is rejected that is there is an association between gender and which product prefers (curry masala, spices or both).
CHI-SQUARE TEST TO FIND OUT ANY ASSOCIATION BETWEEN TYPE OF FAMILY AND WHICH ALL PRODUCTS IS PREFERRED BY THE CUSTOMER Null hypothesis H0: There is no association between type of family and which product prefers (curry masala, spices or both). Alternate hypothesis H1: There is association between type of family and which product prefers (curry masala, spices or both).
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 60 |P a g e
INTERPRETATION The above analysis is to identify the relationship between type of family and which product prefers (curry masala, spices or both). The analysis shows a Pearson chi-square value of 9.935 with significance of 0.007 which is far below the significant level 0.05. Thus the null hypothesis is rejected that is there is an association between type of family and which product prefers (curry masala, spices or both). CHI-SQUARE TEST TO FIND OUT ANY ASSOCIATION BETWEEN TYPE OF FAMILY AND ANY PROBLEM FACED WHILE USING THE BRANDED CONDIMENTS Null hypothesis H0: There is no association between type of family and any problem faced while using the branded condiments. Alternate hypothesis H1: There is association between type of family and any problem faced while using the branded condiments.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 61 |P a g e
INTERPRETATION The above analysis is to identify the relationship between type of family and any problem faced while using the branded condiments. The analysis shows a Pearson chi-square value of 46.788 with significance of 0.000 which is far below the significant level 0.05. Thus the null hypothesis is rejected that is there is an association between type of family and any problem faced while using the branded condiments. CHI-SQUARE TEST TO FIND OUT ANY ASSOCIATION BETWEEN DEMAND FOR PARTICULAR BRAND AND ANY PROBLEM FACED WHILE USING THE BRANDED CONDIMENTS
Null hypothesis H0: There is no association between demand for particular brand and any problem faced while using the branded condiments. Alternate hypothesis H1: There is association between demand for particular brand and any problem faced while using the branded condiments.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 62 |P a g e
INTERPRETATION The above analysis is to identify the relationship between demand for particular brand and any problem faced while using the branded condiments. The analysis shows a Pearson chi- square value of 2.993 with significance of 0.084 which is far below the significant level 0.05. Thus the null hypothesis is accepted that is there is no association between demand for particular brand and any problem faced while using the branded condiments.
CHI-SQUARE TEST TO FIND OUT ANY ASSOCIATION BETWEEN NUCLEAR FAMILYAND USING THE BRANDED CONDIMENTS
Null hypothesis H0: There is no association between nuclear family and using the branded condiments. Alternate hypothesis H1: There is association between nuclear family and using the branded condiments.
INTERPRETATION Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 63 |P a g e
The above analysis is to identify the relationship between nuclear family and using the branded condiments. The analysis shows a Pearson chi-square value of 17.283 with significance of 0.001which is far below the significant level 0.05. Thus the null hypothesis is rejected that is there is an association between nuclear family and using the branded condiments. CHI-SQUARE TEST TO FIND OUT ANY ASSOCIATION BETWEEN NUCLEARAND WHICH ALL PRODUCTS IS PREFERRED BY THE CUSTOMER Null hypothesis H0: There is no association between nuclear family and which all products is preferred by the customer. Alternate hypothesis H1: There is association between nuclear family and which all products is preferred by the customer
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 64 |P a g e
INTERPRETATION The above analysis is to identify the relationship between nuclear family and which all products is preferred by the customer. The analysis shows a Pearson chi-square value of 53.080 with significance of 0.000which is far below the significant level 0.05. Thus the null hypothesis is rejected that is there is an association between nuclear family and which all products is preferred by the customer. CHI-SQUARE TEST TO FIND OUT ANY ASSOCIATION BETWEEN NUCLEAR AND DEMAND FOR PARTICULAR BRAND Null hypothesis H0: There is no association between nuclear family and demand for particular brand. Alternate hypothesis H1: There is association between nuclear family and demand for particular brand.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 65 |P a g e
INTERPRETATION The above analysis is to identify the relationship between nuclear family and demand for particular brand. The analysis shows a Pearson chi-square value of 8.475 with significance of 0.037which is far below the significant level 0.05. Thus the null hypothesis is rejected that is there is an association between nuclear family and demand for particular brand. CHI-SQUARE TEST TO FIND OUT ANY ASSOCIATION BETWEEN NUMBER OF PEOPLE INA FAMILY AND USING BRANDED CONDIMMENTS
Null hypothesis H0: There is no association between number of people in a family and using branded condiments Alternate hypothesis H1: There is association between number of people in a family and using branded condiments
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 66 |P a g e
INTERPRETATION The above analysis is to identify the relationship between number of people in a family and using branded condiments. The analysis shows a Pearson chi-square value of 61.477 with significance of 0.000 which is far below the significant level 0.05. Thus the null hypothesis is rejected that is there is an association between number of people in a family and using branded condiments
CHI-SQUARE TEST TO FIND OUT ANY ASSOCIATION BETWEEN AVERAGE INCOME EARN PER MONTH AND USING BRANDED CONDIMENTS
Null hypothesis H0: There is no association between average income earn per month and using branded condiments Alternate hypothesis H1: There is association between average income earn per month and using branded condiments
average income earn per month * using branded condiments Crosstabulation Count using branded condiments Total yes No average income earn per month upto 10000 23 0 23 upto15000 25 10 35 upto 20000 16 1 17 upto 25000 7 11 18 above 25000 7 0 7 Total 78 22 100
Chi-Square Tests Value df Asymp. Sig. (2- sided) Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 67 |P a g e
Pearson Chi-Square 27.961 a 4 .000 Likelihood Ratio 31.839 4 .000 Linear-by-Linear Association 5.373 1 .020 N of Valid Cases 100
a. 3 cells (30.0%) have expected count less than 5. The minimum expected count is 1.54.
INTERPRETATION The above analysis is to identify the relationship between average income earn per month and using branded condiments. The analysis shows a Pearson chi-square value of 27.961 with significance of 0.000 which is far below the significant level 0.05. Thus the null hypothesis is rejected that is there is an association between average incomes earn per month and using branded condiments.
CHI-SQUARE TEST TO FIND OUT ANY ASSOCIATION BETWEEN FIRST BRAND OF CONDIMENT THAT COMES IN MIND OF CUSTOMER AND DEMAND FOR PARTICULAR BRAND
Null hypothesis H0: There is no association between first brand of condiment that comes in mind of customer and demand for particular brand Alternate hypothesis H1: There is association between first brand of condiment that comes in mind of customer and demand for particular brand
Name the first brand of condiment that comes in your mind * demand for particular brand Crosstabulation Count demand for particular brand Total yes no Name the first brand of condiment that comes in your mind Eastern 18 67 85 quality 0 7 7 sumans 0 8 8 Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 68 |P a g e
Total 18 82 100
Chi-Square Tests Value df Asymp. Sig. (2- sided) Pearson Chi-Square 3.874 a 2 .144 Likelihood Ratio 6.510 2 .039 Linear-by-Linear Association 3.410 1 .065 N of Valid Cases 100
a. 2 cells (33.3%) have expected count less than 5. The minimum expected count is 1.26.
INTERPRETATION The above analysis is to identify the relationship between first brand of condiment that comes in mind of customer and demand for particular brand. The analysis shows a Pearson chi- square value of 3.874 with significance of 0.144 which is far above the significant level 0.05. Thus the null hypothesis is accepted that is there is no association between first brand of condiment that comes in mind of customer and demand for particular brand.
CHI-SQUARE TEST TO FIND OUT ANY ASSOCIATION BETWEEN FIRST BRAND OF CONDIMENT THAT COMES IN MIND OF CUSTOMER AND WHICH BRAND PREFERS Null hypothesis H0: There is no association between first brand of condiment that comes in mind of customer and which brand prefer Alternate hypothesis H1: There is association between first brand of condiment that comes in mind of customer and which brand prefer Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 69 |P a g e
Name the first brand of condiment that comes in your mind * which brand prefer Crosstabulation Count which brand prefer Total Eastern quality nirapara sumans Name the first brand of condiment that comes in your mind Eastern 72 8 0 5 85 quality 0 0 7 0 7 sumans 8 0 0 0 8 Total 80 8 7 5 100
Chi-Square Tests Value df Asymp. Sig. (2- sided) Pearson Chi-Square 101.529 a 6 .000 Likelihood Ratio 53.256 6 .000 Linear-by-Linear Association 1.283 1 .257 N of Valid Cases 100
a. 7 cells (58.3%) have expected count less than 5. The minimum expected count is .35.
INTERPRETATION The above analysis is to identify the relationship between first brand of condiment that comes in mind of customer and which brand prefers. The analysis shows a Pearson chi-square value of 101.529 with significance of 0.000 which is far below the significant level 0.05. Thus the null hypothesis is rejected that is there is an association between first brand of condiment that comes in mind of customer and which brand prefers.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 70 |P a g e
3.3WEIGHTED AVERAGE 3.3.1 WEIGHTED AVERAGE ANALYSIS TO FIND OUT MOST PREFERRED FACTOR INFLUENCING IN THE BUYING OF CURRY POWDER
INTERPRETATION Here, from the above table it clearly states that quality has got the maximum influence in the buying of curry powder with a mean of 6.8684 and Price came as second influencing factor with a mean value of 5.6184. Easiness to cooking has got third place with a mean value of 4.5395. Promotion came in fourth influencing factor with a mean value of 4.0000. While relationship has got the least influencing factor followed by quantity and packing respectively.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 71 |P a g e
3.3.2 WEIGHTED AVERAGE ANALYSIS TO FIND OUT WHY PEOPLE ARE NOT USING THE BRANDED CONDIMENTS
INTERPRETATION Here, from the above table it is clearly states that low quality and adulteration has got the maximum influence in the not buying the branded condiments with a mean of 5.77 and believe in traditional way of condiments making came in third influencing factor with a mean value of 4.95. High price has got fourth place with a mean value of 4.55. Poor packing came in fifth influencing factor with a mean value of 3.18. Poor promotion has got the least influencing factor followed by low quantity.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 72 |P a g e
3.3.3 WEIGHTED AVERAGE ANALYSIS TO FIND OUT WHICH IS THE BRAND, THAT IS GENERALLY PREFER BY RETAILERS FOR THE CUSTOMER CONDIMENTS
INTERPRETATION Here, from the above table it is clearly states that Eastern condiments generally preferred by retailers with a mean of 4.8533 and Sumans condiments is second preferred with a mean value of 3.2400. Nirappara has got third place with a mean value of 3.0400. While Melam has got the least prefers followed by quantity respectively.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 73 |P a g e
3.3.4 WEIGHTED AVERAGE ANALYSIS TO FIND OUT WHICH ARE THE FACTORS EXPECTED IN CONDIMENTS BY RETAILERS
INTERPRETATION Here, from the above table it clearly states that quality has got the maximum influencing factor of condiment with a mean of 5.7333 and Price came as second influencing factor with a mean value of 4.7200. Easiness to cooking has got third place with a mean value of 4.6667. Promotion came in fourth influencing factor with a mean value of 2.0933. While relationship has got the least influencing factor followed by quantity and packing respectively.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 74 |P a g e
3.3.5 WEIGHTED AVERAGE ANALYSIS TO FIND OUT WHICH FACTORS CONSUMERS EXPECT IN CONDIMENTS IN RETAILERS PERCEPTION
INTERPRETATION Here, from the above table it clearly states that quality has got the maximum influence in the buying of condiments with a mean of 5.9333 and Price came as second influencing factor with a mean value of 4.6800. Packing has got third place with a mean value of 4.1467.While relationship has got the least influencing factor followed by easiness to cooking and quantity respectively.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 75 |P a g e
3.3.6 WEIGHTED AVERAGE ANALYSIS TO FIND OUT WHICH FACTORS CONSUMERS EXPECT IN CONDIMENTS IN MILL OWNERS PERCEPTION
INTERPRETATION Here, from the above table it clearly states that quality has got the maximum influence in the buying of condiments with a mean of 4.6400 and low adulteration came as second influencing factor with a mean value of 3.4000. Price has got third place with a mean value of 3.0400.While quantity has got the least influencing factor followed by believe in traditional way of condiment making respectively.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 76 |P a g e
3.4 INDEPENDENT SAMPLE T-TEST 3.4.1 INDEPENDENT SAMPLE T-TEST TO FIND OUT THE DIFFERENCE IN RANKING BETWEEN MALES AND FEMALES
Null hypothesis H0: There is no significant difference in ranking between males and females. Alternate hypothesis H1: There is significant difference in ranking between males and females.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 77 |P a g e
INTERPRETATION From the given analysis the significant value for quality, price, quantity, packing and easiness to cook is less than 0.05. Thus the null hypothesis is rejected, there is significant difference in ranking of quality, price, quantity, packing and easiness to cook based on gender.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 78 |P a g e
3.4.2 INDEPENDENT SAMPLE T-TEST TO FIND OUT THE DIFFERENCE IN RANKING OF MOST PREFERRED FACTOR TO USE BRANDED CONDIMENTS BETWEEN JOINT FAMILY AND NUCLEAR FAMILY
Null hypothesis H0: There is no significant difference in ranking between joint family and nuclear family. Alternate hypothesis H1: There is significant difference in ranking between joint family and nuclear family.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 79 |P a g e
INTERPRETATION From the given analysis the significant value for packing and easiness to cook is less than 0.05. Hence the null hypothesis is rejected, there is significant difference in ranking of packing and easiness to cook based on type of family. And the rest that is price and quality have a greater value than significant value so far them the null hypothesis is accepted, that means there is no significant difference in ranking of quality and price based on type of family.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 80 |P a g e
3.4.3 INDEPENDENT SAMPLE T-TEST TO FIND OUT THE DIFFERENCE IN RANKING MOST PREFERRED FACTOR TO NOT USE BRANDED CONDIMENTS BETWEEN JOINT FAMILY AND NUCLEAR FAMILY
Null hypothesis H0: There is no significant difference in ranking between joint family and nuclear family. Alternate hypothesis H1: There is significant difference in ranking between joint family and nuclear family.
Group Statistics
family is a N Mean Std. Deviation Std. Error Mean highpricescore joint family 11 4.82 1.401 .423 nuclear family 11 4.27 .905 .273 lowquality joint family 11 5.82 .405 .122 nuclear family 11 5.73 .467 .141 lowquantity joint family 11 2.91 1.578 .476 nuclear family 11 2.27 .905 .273 poorpacking joint family 11 3.27 .467 .141 nuclear family 11 3.09 .302 .091 poorpromotion joint family 11 1.55 .934 .282 nuclear family 11 1.18 .603 .182 adulteration joint family 11 5.36 2.618 .789 nuclear family 11 6.18 1.779 .536 belivescore joint family 10 4.60 1.506 .476 nuclear family 11 5.27 1.421 .428
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 81 |P a g e
INTERPRETATION From the given analysis the significant value for high price, low quality, low quantity poor packing, poor promotion, adulteration, believe in traditional way of condiment making is above than 0.05. Hence the null hypothesis is accepted, there is no significant difference in ranking between joint family and nuclear family.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 82 |P a g e
3.5 ANOVA 3.5.1 ANOVA ANALYSIS TO FIND OUT IF THERE IS ANY SIGNIFICANT DIFFERENCE IN RANKING OF FACTOR INFLUENCING IN BUYING OF BRANDED CONDIMENTS BASED ON PREFERENCE OF PRODUCT (CURRY MASALA, SPICES).
Null hypothesis H0: There is no significant difference in ranking of factor influencing in buying of branded condiments based on preference of product (curry masala, spices). Alternate hypothesis H1: There is significant difference in ranking of factor influencing in buying of branded condiments based on preference of product (curry masala, spices).
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 83 |P a g e
INTERPRETATION The analysis reveals that significant level of quality, price, quantity, packing and easiness to cook is less than 0.05. So the null hypothesis is rejected i.e.; there is significant difference in ranking of factor influencing in buying of branded condiments based on preference of product.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 84 |P a g e
3.5.2 ANOVA ANALYSIS TO FIND OUT IF THERE IS ANY SIGNIFICANT DIFFERENCE IN RANKING MOST INFLUENCING FACTOR FOR NOT USING BRANDED CONDIMENTS BASED ON NUCLEAR FAMILY
Null hypothesis H0: There is no significant difference in ranking most influencing factor for not using branded condiments based on nuclear family. Alternate hypothesis H1: There is significant difference in ranking most influencing factor for not using branded condiments based on nuclear family.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 85 |P a g e
ANOVA Sum of Squares df Mean Square F Sig. highpricescore Between Groups .316 2 .158 .106 .900 Within Groups 14.914 10 1.491
Total 15.231 12
lowquality Between Groups .141 2 .070 .268 .771 Within Groups 2.629 10 .263
Total 2.769 12
lowquantity Between Groups .716 2 .358 .175 .842 Within Groups 20.514 10 2.051
Total 21.231 12
poorpacking Between Groups .035 2 .018 .106 .900 Within Groups 1.657 10 .166
Total 1.692 12
poorpromotion Between Groups .141 2 .070 .106 .900 Within Groups 6.629 10 .663
Total 6.769 12
adulteration Between Groups 1.266 2 .633 .133 .877 Within Groups 47.657 10 4.766
Total 48.923 12
belivescore Between Groups .393 2 .196 .089 .916 Within Groups 19.857 9 2.206
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 86 |P a g e
Total 20.250 11
INTERPRETATION The analysis reveals that significant level of low quality, high price, low quantity, poor promotion, adulteration and believe in traditional way of condiment making is above than 0.05. So the null hypothesis is accepted i.e.; there is no significant difference in ranking most influencing factor for not using branded condiments based on type of nuclear family.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 87 |P a g e
3.5.3 ANOVA ANALYSIS TO FIND OUT IF THERE IS ANY SIGNIFICANT DIFFERENCE IN RANKING MOST INFLUENCING FACTOR FOR SELLING BRANDED CONDIMENTS BASED ON EXISTING BRANDED CONDIMENTS AVAILABLE IN THE SHOP
Null hypothesis H0: There is no significant difference in ranking most influencing factor for selling branded condiments based on existing branded condiments available in the shop. Alternate hypothesis H1: There is significant difference in ranking most influencing factor for selling branded condiments based on existing branded condiments available in the shop.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 88 |P a g e
ANOVA Sum of Squares df Mean Square F Sig. Imporatants of price factor in the curry powder Between Groups 9.383 2 4.691 11.672 .000 Within Groups 28.938 72 .402
Total 38.320 74
Importants of quality factor in the curry powder Between Groups 4.667 2 2.333 . . Within Groups .000 72 .000
Total 4.667 74
importants of quantity factor in the curry powder Between Groups 5.520 2 2.760 . . Within Groups .000 72 .000
Total 5.520 74
importants of packing in the curry powder Between Groups 2.949 2 1.475 8.536 .000 Within Groups 12.437 72 .173
Total 15.387 74
importance of margin in the curry powder Between Groups 5.520 2 2.760 . . Within Groups .000 72 .000
Total 5.520 74
importance of relationship factor Between Groups 49.680 2 24.840 298.080 .000 Within Groups 6.000 72 .083
Total 55.680 74
INTERPRETATION The analysis reveals that significant level of packing, price, relationship is far below than 0.05. So the null hypothesis is rejected i.e.; there is significant difference in ranking most influencing factor for selling branded condiments based on existing branded condiments available in the shop.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 89 |P a g e
3.5.4 ANOVA ANALYSIS TO FIND OUT IF THERE IS ANY SIGNIFICANT DIFFERENCE IN RANKING MOST INFLUENCING FACTORS PREFERRED BY CUSTOMERS (FROM RETAILERS PERSPECTIVE) ON EXISTING BRANDED CONDIMENTS AVAILABLE IN THE SHOP
Null hypothesis H0: There is no significant difference in ranking most influencing factor, customers expect in condiments in retailers perception on existing branded condiments available in the shop. Alternate hypothesis H1: There is significant difference in ranking most influencing factor, customers expect in condiments in retailers perception on existing branded condiments available in the shop.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 90 |P a g e
ANOVA Sum of Squares df Mean Square F Sig. customer using branded condiments,because of price Between Groups .683 2 .341 .757 .473 Within Groups 32.438 72 .451
Total 33.120 74
customer using branded condiments,because of quality Between Groups .917 2 .458 2.400 .098 Within Groups 13.750 72 .191
Total 14.667 74
customer using branded condiments,because of quantity Between Groups 3.930 2 1.965 5.098 .008 Within Groups 27.750 72 .385
Total 31.680 74
customer using branded condiments,because of packing Between Groups 3.247 2 1.623 5.994 .004 Within Groups 19.500 72 .271
Total 22.747 74
customer using branded condiments,because of promotion Between Groups .112 2 .056 .222 .802 Within Groups 18.234 72 .253
Total 18.347 74
customer using branded condiments,because of easy to cook Between Groups 2.917 2 1.458 2.937 .059 Within Groups 35.750 72 .497
Total 38.667 74
INTERPRETATION The analysis reveals that significant level of packing, quantity is far below than 0.05. So the null hypothesis is rejected i.e.; there is significant difference in ranking of packing, quantity is the most influencing factor for selling branded condiments based on existing branded condiments available in the shop. The significant level of price, quality, promotion, easiness to cook is above than 0.05. So the null hypothesis is accepted i.e.; there is no significant difference in ranking of price, quality, promotion, easiness to cook is the influencing factor for selling branded condiments based on existing branded condiments available in the shop.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 91 |P a g e
3.5.5 ANOVA ANALYSIS TO FIND OUT IF THERE IS ANY SIGNIFICANT DIFFERENCE IN RANKING MOST INFLUENCING FACTORS, CUSTOMERS EXPECT IN TRADITIONAL CONDIMENT MAKING IN MILL OWNERS PERCEPTION ON NUCLEAR FAMILY
Null hypothesis H0: There is no significant difference in ranking most influencing factor, customers expect in condiments in mill owners perception on nuclear family. Alternate hypothesis H1: There is significant difference in ranking most influencing factor, customers expect in condiments in mill owners perception on nuclear family.
ANOVA Sum of Squares df Mean Square F Sig. pricegrinding Between Groups 1.468 1 1.468 .742 .398 Within Groups 45.492 23 1.978
Total 46.960 24
qualitygrinding Between Groups 1.260 1 1.260 6.440 .018 Within Groups 4.500 23 .196
Total 5.760 24
quantitygrinding Between Groups 5.616 1 5.616 3.920 .060 Within Groups 32.944 23 1.432
Total 38.560 24
adulterationgrinding Between Groups .127 1 .127 .122 .730 Within Groups 23.873 23 1.038
Total 24.000 24
believegrinding Between Groups .154 1 .154 .490 .491 Within Groups 7.206 23 .313
Total 7.360 24
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 92 |P a g e
INTERPRETATION The analysis reveals that significant level of quantity is far below than 0.05. So the null hypothesis is rejected i.e.; there is significant difference in ranking of quantity is the most influencing factor for traditional making condiments based on nuclear family. The significant level except quantity is above than 0.05. So the null hypothesis is accepted i.e.; there is no significant difference in ranking is the influencing factor for traditional making condiments based on nuclear family.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 93 |P a g e
3.5.6 ANOVA ANALYSIS TO FIND OUT IF THERE IS ANY SIGNIFICANT DIFFERENCE IN RANKING MOST INFLUENCING FACTORS, CUSTOMERS EXPECT IN TRADITIONAL CONDIMENT MAKING IN MILL OWNERS PERCEPTION ON POTENTIAL CUSTOMERS Null hypothesis H0: There is no significant difference in ranking most influencing factor, customers expect in condiments in mill owners perception on potential customer. Alternate hypothesis H1: There is significant difference in ranking most influencing factor customers expect in condiments in mill owners perception on potential customer. ANOVA Sum of Squares df Mean Square F Sig. pricegrinding Between Groups 1.100 1 1.100 .552 .465 Within Groups 45.860 23 1.994
Total 46.960 24
qualitygrinding Between Groups .006 1 .006 .022 .882 Within Groups 5.754 23 .250
Total 5.760 24
quantitygrinding Between Groups 2.595 1 2.595 1.660 .210 Within Groups 35.965 23 1.564
Total 38.560 24
adulterationgrinding Between Groups .035 1 .035 .034 .856 Within Groups 23.965 23 1.042
Total 24.000 24
believegrinding Between Groups .202 1 .202 .649 .429 Within Groups 7.158 23 .311
Total 7.360 24
INTERPRETATION The analysis reveals that significant level of Price, quality, quantity, low adulteration, believe in traditional condiment making is above than 0.05. So the null hypothesis is accepted i.e.; there is no significant difference in ranking is the influencing factor for traditional making condiments based on potential customer. Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
TKM INSTITUTE OF MANAGEMENT 94 |P a g e
CHAPTER 4 FINDINGS AND SUGGESTION
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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4.1FINDINGS 1. There is no decrease for branded condiments consumption due to traditional condiment making. Sales of condiment are not decrease with comparing to the previous year. 2. Weighted average reveals that quality is the major influencing factor of buying condiments and Price, Easiness to cooking, Promotion, quantity, relationship, packing comes respectively. The ranking are; 1- Quality 2- Price 3- Easiness to cooking 4- Promotion 5- Packing 6- Quantity 7- Relationship to the customer 3. As per the survey conducted among customers and retailers, the result revels that Eastern is the most preferred branded condiment. 4. Few customers are hesitating to buy branded condiment due to low quality. The ranking are; 1- Quality 2- low adulteration 3- low Price 4- high quantity 5. Few customers are switching from branded condiments to traditional making condiments due to quality and adulteration. Weighted average reveals .The ranking are; 1- low quality and adulteration 2- believe in traditional way of condiments making 3- High price 4- Poor packing Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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5- Poor promotion 6- low quantity 6. There is significant difference in ranking of quality, price, quantity, packing and easiness to cook based on gender and type of family. 7. There is no significant difference in ranking between joint family and nuclear family. 8. There is significant difference in ranking of factor influencing in buying of branded condiments based on preference of product. 9. There is no significant difference in ranking most influencing factor for not using branded condiments based on type of nuclear family. 10. There is significant difference in ranking most influencing factor for selling branded condiments based on existing branded condiments available in the shop. 11. There is no significant difference in ranking most influencing factor for traditional making condiments based on potential customer.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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4.2 SUGGESTIONS 1. Customers hesitate to buy branded condiments because they think that the product is adulterated. To overcome this issue they should start promoting their products claiming that they follow quality standards. 2. They can make their process transparent by coming up with advertisement showing their manufacturing process, so it can build customer trust. 3. Introduction of more advertisement will surely boost the reach of the brand deeper into the masses. The major share should be through retail shops, advertising in womens magazines, television, thereby they can acquire more customers 4. Give more important to quality and low adulteration, highlight it on advertisement and other promotion 5. Give more campaign to the product promotions like giving more quantities, offers and discounts and quality product and thereby we can get satisfied customers. 6. Increase companys product supply to rural areas to increase the sales since the majority of rural households were using local brands because they were not aware about branded products. 7. Provide retailers with attractive incentives to initiate them to provide retailer preference advantage to compare competitors products; now Eastern has got less margin for retailers. Make distribution more flexible so that local shops will get Eastern products too. Eastern has got direct distribution from the factory itself so there would be not access for local or rural shops.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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CHAPTER 5 CONCLUSION
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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5. CONCLUSION
Within the past one decade, the international trade in spices has grown by leaps and bounds. As estimated 500.000 tone of spice and herbs values 1500 million US dollars are now imported globally every year. An impressive 46% of this supply comes from India. Indias exports and spice extracts have made spectacular growth attaining over 50% of the global market within a short span. This remarkable achievement is boon of a sea change in the industry scenario. At present India produce around 2.5 million tones of different spice valued at approximately 3 million US dollar, and hold the premier position in the world. Because of the varying climate suitable for the spice cultivation almost all spices are grown in this country. In almost all spices are grown in this country. In almost all the 28 states and six union territories of India, at least one spice is grown in abundance. No country in the world produces as much variety of spices as India. There are many factors influencing in the buying of branded condiments. It can range from Price, Easiness to cooking, Promotion, quantity, relationship and packing. Quality is the major influencing factor of buying branded condiments. Some customers are hesitating to buy branded condiments due to low quality. The Customers and retailers most preferred brand is Eastern condiment. Eastern has good brand image, so they can make their process transparent by way of advertisements portraying their manufacturing process in detail. This help to build customer trust.
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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BIBLIOGRAPHY Books:- Ailawadi, K. L., Pauwels, K., & Steenkamp, J.-B. E. M. (2008). Private label use and store loyalty. Journal of Marketing, 72(6), Baltas, G. (1997). Determinants of store brand choice: A behavioral analysis. Journal of Product and Brand Management, 6. Corstjens, M., & Lal, R. (2000). Building store loyalty through store brands. Journal of Marketing Research Gates, R., & Solomon, P. J. (1982). Research using the mall intercept: State of the art. Journal of Advertising Research K.Rajeshwari, M.Jayalakshmi, T. Paleneeswari, (2010), Research Methodology for Researchers in Commerce and Management, Himalaya publishing House Kumar, N., & Steenkamp, J.-B. E. M. (2007). Brand versus brand. International Commerce Review, Nick Lee, Ian Lings, (2010), Doing Business Research, Sage Publication India Pvt.Ltd. Philip kotler, Kevin lane Keller, Abraham Koshy, Mithileshwar jha, Marketing Management, 13 th edition,Pearson One Rao, A. R., & Monroe, K. B. (1989). The effect of price, brand name, and store name on buyers' perceptions of product quality: An integrative review. Journal of Marketing Research Uma sekaran(2010), Research Methods for Business Wiley India, 4 th edition. William.G, Zikmund, (2007), Business Research Methods, Akash Press, Delhi. WEBSITES Company profile. Retrieved from www.eastern.in Retrieved from https://search.proquest.com/business/?accountid=145066 http://en.wikipedia.org/ Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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APPENDIX-QUESTIONNAIRE Customers questionnaire Dear Sir/Madam, I am the student of TKM institute of Management, Kollam and presently doing a project on Impact of branded condiments over traditional condiment making. I request you to kindly fill the questionnaire below and assure you that the data generated shall be kept confidential.
Name:________________________________________ Gender : Male Female How many people are in your family? -------------------------------------------------- Address : _____________________________________ __ ___________________________________ Phone: _____________________________________
1. What is the average income earned per month? Less than 5000 upto 10000 upto15000 upto 20000 upto 25000 above 25000
2. Your family is a? Joint family Nuclear Family 3. If nuclear family ,specify Husband and wife are employed only one person is employed Two people are employed (father & son) All are employed Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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4. Name the first brand of condiment that comes in your mind? Eastern Melam Quality Nirapara Sumans 5. Are you using branded condiment? Yes No If yes, 6. Why using branded condiment? According to the preference Rank it. Price Quality Quantity Packaging Promotion Easy to cook 7. If no, why you are not using branded condiment? According to the preference Rank it. High Price Low quality Low Quantity Poor Packaging Poor promotion Adulteration Believe in traditional way of making 8. If yes, for the question5 9. Which product you prefer? Curry masala spices both 10. If you are prefer only one product, why? ______________________________________________________________________________ ________________________________________________________________________ 11. Did you demand for particular brand condiment product in the shop? Yes No Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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12. If yes (specify) _____________________________________________________________________________ 13. If yes, which brand you prefer?
14. If no, which brand shop keeper prefer? _____________________________________________________________________________ 15. Any problems you faced while using branded condiment? Yes No
14. If you are using the traditional condiment method? Why you are following the technique?
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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Retailers questionnaire Dear Sir/Madam, I am the student of TKM institute of Management, Kollam and presently doing a project on Impact of branded condiments over traditional condiment making. I request you to kindly fill the questionnaire below and assure you that the data generated shall be kept confidential.
Shop owners name: __________________________________ Shop name :__________________________________________ Shop type : Kirana stores Medium stores super market Adress :_____________________________________________ Phone:_______________________________________________
1. Which are the existing brands of condiment available in your shop? Eastern Melam Quality Nirapara Sumans 2. Name the first brand of condiment that comes in your mind? Eastern Melam Quality Nirapara Sumans 3. Which qualities do you expect in curry powder? According to the preference Rank it. Price Quality Quantity Packaging Margin 4. Which brand you prefer to the customer? According to the preference Rank it. Eastern Melam Quality Nirapara Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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Sumans 5. Why customer using branded condiment? According to the preference Rank it. Price Quality Quantity Packaging Promotion Easy to cook 6. Did you think that branded condiment sale is decreasing, when comparing with the previous year? Yes No 7. If yes, why High price Low Quality Low Quantity Poor Packaging Poor Promotion Believe in traditional way of making Adulteration 8. What is the average sale per month of branded condiment? Less than 500 upto 1000 upto1500 above20000 9. Comments/suggestion (if any).. ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ____________
Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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Mill owners questionnaire Dear Sir/Madam, I am the student of TKM institute of Management, Kollam and presently doing a project on Impact of branded condiments over traditional condiment making. I request you to kindly fill the questionnaire below and assure you that the data generated shall be kept confidential.
1. Condiment Grinding mill type : small Medium large 2. Which are the potential customers for Traditional condiment making product? Hotel Joint family Nuclear family 3. If nuclear family, specify Husband and wife are employed only one person is employed Two people are employed (father & son) All are employed 4. What is the age of potential customers? 20-35 35-50 50-65 above65 5. Why customers prefer Traditional grinding condiment? According to the preference Rank it. Price Quality Quantity Low adulteration Perception of customers, retailers and mill owners on the impact of branded condiments over traditional condiment making 2013
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Believe in traditional way of making 6. What is the average income earned per month? Less than 5000 upto 10000 upto15000 upto 20000 above 25000 7. Which spices are mostly grinding in your mill? Chili Coriander Cumin Turmeric 8. Which occasion people come more on grinding mill? Onam Christmas Ramzan Easter 9. How much is the fare for grinding the product? Chili -____________ Coriander -____________ Cumin -____________ Turmeric -____________
10. How would you rate your relationship with customer, considering all of your experience with them? Would you say it is? Excellent Very good Good Fair Poor 11. Comments/suggestion (if any).. ______________________________________________________________________________ ______________________________________________________________________________ _____________________________________________________________________