Fevicol Assignment
Fevicol Assignment
Fevicol Assignment
1. Introduction 2-5
2. Objectives 6
3. Product 7-8
4. Promotion 9-13
5. Positioning 14-15
6. Methodology 15-16
9. Questionnaire 24-26
1
Introduction:
Fevicol is the strongest bond that the company Pidilite has with its
consumers. There are only a few brands that are synonymous with the
category of product that they represent. Fevicol has become a synonym of
adhesives. With its signature white and blue packaging, this brand has
become another name for adhesives that are used in India. The brand has
played an important role with its many innovative products to transform the
way carpentry is operated in India.
Kondivita, Mumbai, Maharashtra. The main reason for the brand’s popularity
has been its product innovations throughout the years and a creative
marketing strategy. Today, it is marketed in over 54 countries.
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Products
1.) Fevicol SH
Pack Sizes
50 g, 125 g, 250 g, 500 g, 1 kg, 2 kg, 5 kg,10 kg, 20 kg, 30 kg, 50 kg,
200 kg.
Features
Areas Of Application
Plywood to Laminate
Plywood to Veneer
Features
Areas Of Application
Plywood to Laminate
Plywood to Veneer
Fevicol Hi-Per powered with Anti-Bubble formula provide instant grab and
uniform glue transfer which leads to a strong contact between plywood &
laminate. Hence there is a little chance of air entrapment and contact gap
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which significantly reduces the bubble formation. It also offers superior tack
development, faster grab and reduced
setting time.
Pack sizes
Features
5
Aim:
To Study the strategies and the approach of the Fevicol for its Image
Building.
Objectives:
The Objectives of the research is to study :
company.
6
Fevicol And Its Logo
The ‘Fevicol’ logo with elephants symbol has been popular for decades. The
Fevicol logo was redesigned and rising sun is added behind the elephants,
reflecting the freshness and vitality of the brand.
7
The Product Levels
In planning its market offering, Fevicol has to think through three levels of
the product. Each level adds more customer value.
Core product - People used animal fat as glue for bonding. But getting glue
from the animal fat was really difficult. What the customer actually wanted
was the better product, which could be made available easily. Actually,
Fevicol is not the actual pioneer in developing the white glue, as the concept
has come from abroad. Fevicol has replicated the making of white glue in
India from abroad. According to Fevicol, the core product is that it should
give a bonding.
Actual Product - The core product is turned into a basic product, actual
what the Fevicol is delivering.
8
Promotion
Promotion means the activities that communicate the merits of the product
and persuade consumers to buy it. The marketers of Fevicol see themselves
as selling a product, where customers see themselves as buying value or a
solution to their problem. The quality matters a lot to consumers. Customers
want the product and services to be as conveniently available as possible.
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They do their ad campaign in a cost-effective way. One of the things that
work in their favour is that they are not doing ad campaigns for sustaining
but growing the market. Building bonds and brands. Pidilite is increasing its
sales promotion and total advertising budget to around Rs 200 crore per
annum, since it is completing six decades.
"We will still continue to allocate a, major portion of our spends on ground
activities such as dealer meets and the rest is for advertising." said Mr.
Parekh in an interview. Promotional expenditure and ad spend is expected
to increase by over 30% compounded annually over the next five years. Cost
of sales (including ad spend and distribution costs) is already moving
upwards.
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of the brand. Initially, when Fevicol was being established, the functional
attributes of the product were highlighted (the `haiya ho' commercial). Once
that task was accomplished, it was time to take the brand to a metaphysical
level (with the `netaji' commercial), with adequate humour to bring a smile to
one's face.’
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Fevicol (Netaji): The `Netaji'
campaign of a politician trying to
stay stuck to his seat while the
public wants to pull him down.
Fevicol (Panihari): Followed by the village belle who manages to carry all her
matkas, stuck one on top of the other with Fevicol, despite the various
obstacles she is made to encounter.
Fevicol (Egg): It may be recalled that egg commercial for Fevicol walked
away with a number of awards for its creativity. An egg at a roadside dhaba
cannot be broken because the hen's feed is in a Fevicol jar with remnants of
the `white glue', which in turn has hardened the eggs.
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admiring his shadow. Enjoying himself thoroughly, he eventually reaches a
shutter with a Fevicol ad painted on it. He stands in front of this shutter, does
a step, and starts walking again. However, he quickly notices something is
missing. He turns to find his shadow stuck to the shutter.
Fevicol (Bus): At the 2002 Cannes awards, the Fevicol's Bus TV commercial
won a silver. It also won a special award for the Best Soundtrack in TV
Commercials. It shows how in a bus all the people are bonded in large
numbers, thus showing that Fevicol is the best bonding agent.
At the Asia Pacific Advertising Festival, the ‘Fevicol Bus’ TV commercial won
a Bronze. Moreover, a special award for the Best Soundtrack in TV
Commercials was also awarded to the ‘Fevicol Bus' TV commercial. At the
ABBY Awards, Fevicol advertising won a Gold for the Advertising Campaign
of the Year and also a Silver for the Best Continuing Campaign over the
years.
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Positioning
Positioning means “the way the company designs its offerings and image in
the mind of the people and the distinction from its competitors as to why
people should buy product”. Every company tries to position itself in the
market with distinct competency. It tries to position its brand through
emphasizing more on that distinct competency with the help of different
communication channels. Selecting the target customer, it decides what
positions it wants to occupy.
Fevicol entered the market as branded white glue used majorly by the
carpenters. It was a very niche market. Their main target customer was
carpenter whom they wanted to sell their product. Fevicol positions over the
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Fevicol advertising brings a smile to the face of the individual be the
individual a carpenter, or the end-user of the furniture. Even the non- target
viewer has come to associate Fevicol with bonding.
Deviating from traditional print route, Fevicol has taken an unusual route to
spread the brand message - anything that comes in close proximity to Fevicol
gets stuck. The campaign shows how a small advertisement of Fevicol can
attract great attention by its bonding strength. Fevicol has positioned itself
as the ultimate bonding adhesive. The communication moved to establishing
Fevicol as a bonding simile “Fevicol jaise chipak gaya”.
Research Methodology
The research methodology used for the purpose of this project is as
follows:-
1. Research Design : The research design used here for this project is a
combination of Historical and Explanatory designs. First a general know
about of the product of Fevicol provided by the Pidilite Industries Limited.
Then personal interaction with the people concerned such as contracter,
carpenter and sellers is made to figure out the results.
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3. Sampling : The sampling units in my project are retailers, contractors
and carpenters. The sample size was small by following the convenience
sampling method. There were queries for the person interacted and the
questionnaire has been attached at last.
SAMPLING SIZE- 30
F _ _ _ COL.
0% Yes
No
100%
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Each 30 person knew well about the brand Fevicol.
2.) Have you ever seen the above brand name in advertisement?
30
2
25
20
Seri
15 es1
28
10
5
2
0
YES NO
4.) How would you rate the commercial on the factor of Script of
Ad ?
NOT GOOD
AVERAGE 7
GOOD 12
EXCELLENT 7
0 2 4 6 8 10 12 14
7 person found the script of the ads of par level, while 4 of them were not
interested in any kind of promotion done by the company. Everyone agreed
that functional value meant more than the any added value for them.
Product Knowledge.
17%
Quality Knowledge.
27% 56%
Knowledge of use or
extended use
18
This showed that the approach of company to share the use of product is not
properly reaching to its consumers. Only 17% found their ads related to the
use of product.
0%
Yes
100% No
7
CAN NOT SAY 3
NO 21
YES 6
0 5 10 15 20 25
19
The advertisements does not effected their purchasing decision. 70% of
them were clear that the function of product were primary for them.
8
14
12
10
8
6 12
10
4 8
2
0
PRICE OF THE PRODUCT QUALITY OF THE PRODUCT BRAND NAME OF THE
PRODUCT
Quality and the brand name effect the purchasing of the product almost
equally. For 12 people quality was priority while for 10 people brand name.
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RECOMMENDED BY SHOPKEEPER. 13
0 5 10 15
20
This response cleared that the advertisement works as the additional
value for the brand. Only 3 people out of 30 bought the product
because of the ad.
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11.) You prefer to go with this brand due to
BRAND NAME 5
QUALITY OFFERING 18
0 5 10 15 20
60% of the user were satisfied with quality of the fevicol and agreed to use
the product in future also. While 23% of the respondent said that no other
brand is available in adhesive segment they have to buy what they are
offered.
12.) Could you name any competitive brand, whose commercial you
have seen or purchased product from?
Araldite, Bluecoat.
This showed that there are no competitors of Fevicol but there are small
competitors in various regions of India. Few competitors of Fevicol are
Jivanjor, Euro, Araldite. A company named “bluecoat” produced adhesive
better than fevicol and almost captured the market of adhesive but pidilite
took over bluecoat.
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Suggestion
Since the competition makes the brand either to lower their costs or
increase the quality and innovate the products of the brands to run their
businesses as efficiently as possible. But when there is no competition as
in the case of Fevicol which acquires about 70% of the adhesives market.
Prices are likely to increase and quality is likely to also suffer at some point
of time. It does not have any major competitor in market. Fevicol (Pidilite)
believes in acquiring its competitors as it does in the case of Bluecoat.
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Questionnaire
Q2. Have you ever seen the above brand name in advertisement?
Yes ( ) No ( )
Q4. How would you rate the commercial on the factor of Script of
Ad ?
( )Excellent. ( )Good. ( )Average. ( )Not good. ( )Not have any effect.
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Q5. While seeing the commercial you get
Product Knowledge.
Quality Knowledge.
Knowledge of use or extended use.
25
Q10. Does Advertisement promote your repurchase decision of brand?
Positively
Can’t say
No Effect
Q12. Could you name any competitive brand, whose commercial you have
seen or purchased product from?
_______________________________.
Thank you for your cooperation and providing useful information to us.
Name: ___________________________________.
Age: ___________________________________.
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