Customer Satisfaction Towards Patanjali Ayurvedic Products
Customer Satisfaction Towards Patanjali Ayurvedic Products
Customer Satisfaction Towards Patanjali Ayurvedic Products
AYURVEDIC PRODUCTS
By
at the
Medhavi College
Pokhara University
Sankhamul, Kathmandu
September; 2019
Abstracts
This project work report is about Customer Satisfaction towards Patanjali Ayurvedic
Products. It has shown vast growth in economic conditions and branches are adding day
by day. Some issues and problems were addressed through questionnaires and to some
extent it helped to fulfill its objectives and research questions. This research was carried
out by keeping in mind the Significance/Rationale of the study. The variables were price
of products, quality of products, location of products, variety of products and loyalty of
customers. This research used mix research approach (qualitative and quantitative).
Causal comparative research design and descriptive research design were used. 100
samples were taken. Random and Convenience were carried out to find the result.
Primary data were only used and those were collected via structured questionnaire
(descriptive, yes/no, multiple choice and likert) were used. Mean, Standard Deviation,
Correlation Regression were found for this research. In order to examine the validity and
reliability of Likert scale questionnaire, Cronbach Alpha test was used. It was found that
variety of products and service of staffs did not have significant relationship with
customer satisfaction. But also variables have position and significant relationship with
customer satisfaction.
2
CHAPTER I
INTRODUCTION
A WHO ( World Health Organization ), Study Estimates that about 80 percent of world
Population depends on natural products for their health care instead of modern medicines
Primarily Because of side effect and high cost of modern medicine ( Sharma, Shankar,
Tyagi, Singh and Rao, 2008 ).
The Worldwide Herbal Market Products are around and 6.2 billion and estimate to Reach
and 5 Trillion by the year 2050 ( WHO and Kumar and Janagon, 2011 ).
Khanna (2015), Consumers is more Conscious for their health and Maintaining the
quality of their health as well as provide maximum satisfaction. In (2015), carried a study
on consumer perception regarding patanjali products.
Rain and Shukla (2012), conducted a study to know the trends of patanjali products.
Layak and singh (2015), report “Desi bustle v/s MNC muscle” standing how Ramdev’s
patanjali is getting trend for HUL and how baba Ramdev ’s unconditional marketing and
strong follower base couple with aggressive pricing has helped him over-take established
layering Ayurvedic FMCG like Emami and Himalaya.
Ali and Yadav (2015) carried a study to know about consumer perception towards herbal
Products.
Although it’s clear that mental processes include many subtle subconscious effects, no
evidence supports the nation that markets can systematically control consumers at that
level, epically in term of changing moderately important or strongly held belief (Kotler,
2017).
Perception is a set people after assume that reality is objective that, we all perceive the
same things in the same way (Gregory et al, 1995).
Cadogan and foster (2002), states that price is most important concern for the average
consumer preferred brand that why their purchasing intention is not affected by price.
Yoon and Kim (2002), specifies that loyal customers was pay a premium even if the price
has increased Because the risk is very high, they prefer to pay higher price for avoid the
risk of any change said by.
Khraim (2011), state that produce quality plays a very important role in influencing
customer to be brand loyal customers. Consumers preferred brand name, product quality,
price promotion, store environment and service quality are related factors attributable to
brand loyalty.
Nagaraju and Thejaswini (2015) in their study “Consumer perception analysis and Market
awareness towards eco-friendly FMCG Products” analyzed the fact that the customers
give more preference to eco-friendly FMCG products as they are very health and
environment cautious.
Jashim Uddin Ahmed, Hafiza Sultana and Asma Ahmed (2018) Patanjali ayurved started
as a small Pharmacy in Haridwar, India in 1997. It was incorporated as a private limited
company in 2006 with the objective of integrating the latest technology and accident
Ayurbeda Wisdom soon the venture was converted into a public limited company in 2007
to facilitate its speedy expansion.
1.2 Statement of Problem:
Patanjali product is one of the most used Ayurbedic product. It is pure, effective,
scientifically developed herbomineral products (Medicinal Plants play a significant role in
providing primary health care services to rural India.) Patanjali products which is aimed
to connect to people. Patanjali have different products in many categories that include
healthcare, medicines, nutrition and supplements, grocery, personal care etc. Patanjali
products sell everything at the best possible rates in the market. I’m satisfied with the
quality of Patanjali products that are driving the growth of business like ghee,
chavanprash, toothpastes, shampoo and face wash is considual an internal factors.
Internal factors are external factors are size, shape, intensity and status. Patanjali products
are more efficient than Nepali ayurvedic products.
However, there are some issues and problems related to Patanjali Ayurvedic products.
Some side effects occurred according to users of these products. Having these side
effects, the decrease of product user is ongoing. Also, due to side effects of synthetic
products, herbal products are gaining popularity in world market. Nepal Ayurvedic
companies are suffering from lack of innovation poor marketing and promotion. Attitude
of consumer can also affect the purchasing decision. Lack of long term business plan and
marketing strategy Patanjali product are falling behind.
1.3 Objectives
1.4.1Research question:
H3. : There is significant relationship between loyalty of customers towards the products.
products.
This study was help to explain the customer satisfaction regarding customers as they was
stay loyal longer, was buy more as the retailer introduces new products and upgrades
exiting brands, talk favorably about the retailer and its merchandise, pay less attention to
competing brands and advertising and is less sensitive to price, offers products/service
ideas to the retailer and costs less to serve than new customers.
To create healthier society and country with science of Ayurveda with the tag line
“PrakrutikaAshirvad”. Patanjali had acquired large market share in short time through
47000 retail counters, 3500 distributors, multiple warehouses in 18 states, 10000 health
centers, and 100 mega stores.
The growth rate of Patanjali is 130% and the future plans of the company talks about
achieving 10000 corers business and expansion of the brand at the global market in the
coming years and to reach top position in FMCG industry. If Patanjali was planning for
far reaching the customer it must able to satisfy the customers with its products and also
to acquire the brand loyalty.
Therefore, this study was conducted to assess the perception towards the brand and to
know the consumers mindset about the brand in comparison to other brands. This
research focuses on the factors influencing the success and popularity of the Patanjali
products. This study can help to know whether the work done by the company in the area
of new products is able to satisfy the customers or not. The major focus of the study
conducted therefore is to discover the factors that people aware about the upcoming new
products and the attribute of the product which attracted them for a trail. Consumers are
provided with the best products, they wouldn’t keep a brand enjoy such a position in the
market. This study has made an attempt to identify the consumer’s perception towards
Patanjali products.
Customer satisfaction:
Price
Price is the value placed on what is exchanged according to pride and Ferrell (2008). It is
the influential factor for customer satisfaction.
Quality
Quality means those features of products which meet customer needs and thereby
provide customer satisfaction. In this sense, the meaning of quality is oriented to income.
The purpose of such higher quality is to provide greater customer satisfaction and, one
hopes, to increase incomes. Eldin (2011)
Location
According to Reilly (1931), Developed riley law of retail gravitation which is proposes
that people are drawn to larger shopping thus larger cities tend to attract more customers
to shop their than smaller ones therefore the need for supermarkets to consider location
when put up facilities.
Variety
Price
Loyalty
Customers’
Location
satisfaction
Quality
Variety
10. Anupriya (2017) All the selected reespondents were selected the
product due to the customers are satisfied with
the quality and price of the products.
Khanna (2015), Customer Perception towards Brand: A Study on Patanjali. Her objectives
were to study the brand perception of Patanjali in minds of consumers, attributes that a
customer keeps in mind while buying Patanjali products and the satisfaction level of
consumers after using Patanjali products. Sample size were 100, questionnaire were used
and descriptive research design was used. She pointed out that Customer’s perception
towards a brand was built largely on the satisfactory value the user received after paying
for the product and the benefits the user looked for. Customers reasonable price of
product, ability of product to cure the problem were the reason for satisfaction towards
Patanjali Products.
Ali and Yadav (2015), A Study of Consumer Perception of Herbal Products in Bhopal.
There objectives were to determine the reason why people are using herbal products, to
compare the level of familiarity and favourability of consumers with Vindhya Herbal
products and others brands available in the market and to analyze the aspects of
consumer’s familiarity, information desired and attitude with Herbal products. The
sample size weight 60. Questionnaire where used to. Day concluded The attributes
suggested by the respondent to use herbal products are prepared from natural ingredient,
free from the side effect, fit for health and non-chemical.
Gupta and Garg (2016), Desi Bustle v/s MNC Muscle: How Ramdev’s Patanjali is Setting
Trend for HUL.There objectives were to find why consumer prefer Herbal products and
Natural products, to explore that whether consumers are familiar with the Ayurvedic and
herbal products with other brands available in the market, to analyze the attitude of
consumers towards herbal products and to analyze the role of media in promotion of
Patanjali products.The primary data and secondary data were used. Face to face
interviews was taken. Revealed that herbal and Ayurvedic were bought on daily, monthly
and forghtly basis. All herbal and ayurvedic products were made from natural essence and
they were having on side effects at all. Further posters, banners and mass media, retail
stores were major sources of information for consumers for buying these herbal products.
Frank (2018), Consumer Purchase Behaviour towards Patanjali Brand in Mangalore. Her
objectives were to know the attributes that a customer keeps in mind while buying
Patanjali products, to study the satisfaction after using Patanjali products, to study the
customer perception of Patanjali consumers and to evaluate and suggest the valuable
factors which will help to increase the sales and revenues. The sample size were 490.She
concluded that It has position customers in a right parth and continue the delivery of the
quality product to reach the pinnacle of success.
Singh and Kaur (2018), A Case Study of Patanjali Ayurved Ltd. in Context to Swadeshi.
There objectives were to know how the Swadeshi product of Patanjali Ayurved Ltd. is
going to prove successfully. High quality in terms of ingredients as well as health
benefits. Marketing the products on the lines of made in India. Products from Patanjali are
available at around 15-30% cheaper than alike products from peer companies. Strengths,
weaknesses, opportunities and threats of Patanjali Ayurvedic Limited and various USP
that a plays key role in the success story of Patanjali Ayurved Ltd. Patanjali and Swami
Ramdev had become a brand in Indian market with the most specific strategy of first
establishing himself as a brand personal and then positioning the Patanjali Product line on
right time to right consumers with Swadeshi Alternative.
Jaggi and Ghosh, R.(2017), Consumer Perception of Patanjali Products: An Analytical
Study. There objectives were to this study aims at deconstructing the brand perception of
Patanjali Ayurved Limited from the point of view of its customer base. Sample size were
112. Questionnaire were used. They concluded that The indigenous nature of the products
had a strong symbolic value, which seem to had clearly translated into material benefits
for the Patanjali brand.
Bandaru (2017), Factors influencing the Customers towards Patanjali Natural Food
Products: A Study in Hyderabad City. His objectives were to identify the factors influence
the customers towards Patanjali food products, to study the customers experience with
Patanjali food products and to examine the relationship between influencing factors
Swadesh products and demographic variables of the respondents. The sample size of the
study is 100. Questionnaire and administered were used. .He concluded that Patanjali
Ayurvedic and natural food products were going to occupy major share and becoming a
leader in Indian food market.
Ruba and Anitha (2018), Consumer satisfaction on Patanjali Products. Her objectives
were to study the usage of Patanjali Products and to ascertain in the determinants of
consumer’s level of satisfaction on Patanjali Products. The sample size were 182.
Questionnaire were used. Convenient sample was used. They concluded that This have
made the consumers to shift to herbal and ayurvedic products and with this contacts the
study has been done to identify the consumers satisfaction one the Patanjali ayurveda
products.
Customer satisfaction toward Patanjali product was used mixed of research approach.
The independent variables like quality, loyalty, service, etc are related to qualitative
approach, while price, location, variety etc are related to qualitative approach. While
price, location, variety etc are related to qualitative approach of research.
In qualitative approach, we was get depth knowledge and explain the issue or subject
rather the finding the solution or coming to the conduction, survey, interview, and
questionnaire was conducted via qualitative approach.
This research was use causal comparative research design. It is a research design which
was show the cause of the problem. It collects and present the facts and the figure in a
certain situations. It was estimated the number of respondents processing certain
attributes and come up with predictions. So, description research design was suitable.
Regarding causal comparative research design, what affects the dependent variable
Customer satisfaction is dependent variable while price, location, service, quality, loyalty,
variety of product may to unsatisfied towards the business firm. Researcher’s goal is to
determine whether the independent variable affected the outcomes or dependent variable,
by comparing two or more groups of individuals.
There are basically two types of data i.e. primary data and secondary data. In this study
primary was taken into consider to get relevant data needed.
Primary data was generated through face to face interviews, questionnaire, survey
method.
3.4 Population and sampling
Due to limited time, energy, budget, samples taken around Kathmandu valley.
Convenience sampling of non-probability sampling as well as random sampling was
taken into consideration for this specific research.
In order to examine the validity and reliability of questionnaire, pilot testing was
conducted.
In order to examine the validity and reliability of liker save questionnaire cronbach Alpha
test was used. Value ranges from 0 to 1.
Data processing technique was done via computer. The data was analyzed through SPSS
program, excel, Microsoft word etc. There are mainly three types of data processing
methods namely: manual data processing, mechanical data processing, electronic data
processing. Data was edited, coded, classified, tabulated, and summarized in order to
analysis the data needed.
Tabulation process was used mostly to summarize the data, table, graphs, and charts was
used to some extent.
Bar diagrams, pie-charts were used mostly for the mathematical tools to analyze the
collected data to be processed.
Mathematical Tools:
This was measure the central tendency that offers a general picture of data calculating
average of series of data. It is denoted by xx .
Where, xx =mean
n=1, 2,3,4,5.6
(i) Standard deviation: In order to find variance between observed data and
estimated data this method was used. It is denoted by �.
x−xx
� (¿)2 / n – (Adhikari & Pandey, 2017)
¿ √¿
(i) Correlation: In order to find the cause and effect relationship between
variables. Multiple correlations was used.
(iii) ANOVA (analysis of variance): To study over more than two samples at a time
this method was used. Also, this method was help to study the area of variance
and degree of variance.
MSR=SSR/k =Σ (ŷ -ȳ)2/ k
where,
Y=a+b1x1+b2x2+b3x3+b4x4+b5x5+b6x6+e
Where,
X1 = Price of product
X2 = Quality of product
X3 = Location of stores
X5 = Loyalty of customers
CHAPTER IV
DATA PRESENTATION AND ANALYSIS
4.1.Reliability Statistics:
This analysis is used for checking the internal consistency of the use of data collection
and reliability coefficient is the indicator of it. The reliability coefficient i.e. Cronbach
Alpha coefficient value ranges from 0 to 1.
Occupation:
Monthly Income:
Table 4.6 Monthly Income of Respondent
Frequency Percentage
No income 53 53.0
Less than 10000 17 17.0
10001-30000 20 20.0
More than 30001 10 10.0
Total 100 100.0
The results which is table 4.5 above showed that there were 100 respondents in total and
among them 53(53%) were no income,17(17%) were less than 10000,20(20%) were
10001-30000 students, and 10(10%)were more than 30001. So, majority of the
respondents were of no income.
Figure: 4.5 Monthly of Respondents
Shopping Areas:
Frequency Percentage
Shampoo 30 30.0
Oil 6 6.0
Toothpaste 35 35.0
Other 29 29
Total 100 100.0
The results which is table 4.7 above showed that there were 100 respondents in total and
among them 30(30%) were shampoo,6(6%) were oil, 35(35%) were toothpaste, and
29(29%) were other. So, majority of the respondents were of the toothpaste.
Figure 4.6 Shopping Area of Respondents
Shopping Behaviour
Frequency Percentage
Always 44 44.0
Sometime 49 49.0
Never 7 7.0
Total 100 100.0
The results which is table 4.8 above showed that there were 100 respondents in total and
among them 44(44%) were always,49(49%) were sometime, and 7(7%) were never. So,
majority of the respondents were of sometime.
\
Figure 4.7:How often do you use these products?
Descriptive Analysis
This section deals with the descriptive analysis of the data which are collected through the
question during the research process. Here descriptive analysis includes calculation of statistical
measures such as mean and standard deviation. Their values help the research to analysis the data
with respect to frequencies and aggregation relating to research to research question and variables.
Table 4.8 shows the descriptive analysis of price of Patanjali is cheaper . As we notice
the highest Mean2.4200 along with standard deviation 0.92310 and lowest mean
2.2800 along with standard deviation 0.87709.
Sig(2-tailed) is 0.055 which is less than 0.05 and there is positive correlation slightly
affect the significance.
Hypothesis Testing:
H1: There is significant relationship between interest rate and customer satisfaction.
Since, p-value is zero.(0<0.05)which is less than 0.05.So, there is exist the relationship
between interest rate and customer satisfaction .Alternative hypothesis is
accepted.
H2: There is significant relationship between Accessibility and customer satisfaction.
Since, p-value is 0.0865(0.0865>0.05) which is more than 0.05.So, there exist no
relationship between accessibility and customer satisfaction .Alternative hypothesis is
rejected.
H3: There is significant relationship between Response and customer satisfaction.
Since, p-value is 0.4365(0.4365>0.05) which is more than 0.05.So, there exist no
relationship between response and customer satisfaction .Alternative hypothesis is
rejected.
H4: There is significant relationship between Location and customer satisfaction.
Since, p-value is 0.0045(0.0045<0.05) which is less than 0.05.So, there exist the
relationship between location and customer satisfaction .Alternative hypothesis is
accepted.
H5: There is significant relationship between Saving Option and customer satisfaction.
Since, p-value is 0.055(0.055>0.05) which is more than 0.05.So, there exist no
relationship between saving option and customer satisfaction .Alternative hypothesis is
rejected.
MAJOR FINDING
On the basis of overall data presentation and analysis portrayed above from the
information gathered from the survey, I have come up with the different findings which
further assisted in making the conclusion of the research.
For this study, the number of sample taken for research study was 100
respondents.
It was taken on random basis to find out the customer perception toward Patanjali
product .It includes age, gender, education, occupation, shopping area. shopping
behavior and monthly income.
As per 100% shows the age of respondents where under 18 is 12%,19-25 is
57%, 26-32 is 16% and above 33 are 15%
.As per the gender of respondents where 59% are male and 41% are female.
The result shows from the level of education of respondents maximum are
bachelor i.e 50% and minimum are illiterate i.e. 5%.
The result from the occupation of respondents are maximum in students i.e 59%
and minimum in unemployed i.e 5%.
As the result shows from the monthly income of respondents is no income i.e
53%, less than 10000 i.e 17%, 10001 -30000 i.e 20% and more than 30001 i.e
10%.
As the result shopping area of respondents are maximum in toothpaste is 35% and
minimum is oil i.e 6% and other i.e 29%
.As the result shopping behavior of respondent are maximum in sometime is 49%
and minimum in always is 44% and never is 7%.
From the data analysis and presentation variables are unstandardized coefficient
indicates how much the dependent variables has been affected by the
independent variables.
Based on the findings from the questionnaire, price, quality, variety, loyalty and
location have an overall positive and negative impact on customer.
After hypothesis testing, we found whether there is significant relation between
independent variable and dependent variable or not.
There is the significant relationship between price and customer satisfaction
towards Patanjali Ayurvedic products.
CHAPTER V
5.1 Summary
The research makes a clear description of the customer satisfaction towards Patanjali
Ayurbedic products. Price, quality, variety, location and loyalty are very important for the
customer satisfaction.
The data is reliable with the result of 85.3% as per the Cronbach alpha reliabilit. There is
0. (0<0.05) which is less than 0.05.So, there is exist the relationship between interest rate
and customer satisfaction .Alternative hypothesis is accepted. There is 0.0865
(0.0865>0.05) which is more than 0.05.So, there exist no relationship between
accessibility and customer satisfaction .Alternative hypothesis is rejected. There is
0.4365 (0.4365>0.05) which is more than 0.05.So, there exist no relationship between
response and customer satisfaction .Alternative hypothesis is rejected. There is
0.0045(0.0045<0.05) which is less than 0.05.So, there exist the relationship between
location and customer satisfaction .Alternative hypothesis is accepted. There is significant
relationship between Saving Option and customer satisfaction.
5.2 Conclusion
This study provides insight about the various dimension and their association with
customer satisfaction. The study has come up with the finding that was quested through
research objectives. The relationship of customer satisfaction dimension identified (price,
quality, variety, loyalty, location) are tested with customer satisfaction.
Patanjali sells its products with a very high quality less than its brand image. Many people
like Patanjali because of quality and with the message is to promote ’Ayurveda’ and
‘health and safety’, it can be a very effective way of promotion and that is why the
company is able to do miracles with its simple yet effective packaging. The price of
Patanjali products is reasonable. On the basis of finding of the study, it can be concluded
that Patanjali product have gained significant place in the market and capture a huge lot
of customers due to its quality, price, variety, loyalty and location.
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Yes No
9. What sort of product do you Use?
Yes No
11. Did these products benefit you?
Yes No
12. Why did you use these products?
Yes No Maybe