A Study On Aftershave Lotion
A Study On Aftershave Lotion
A Study On Aftershave Lotion
MEN
Submitted to:
Submitted by:
Group 4:
AJAY PRATAP SINGH
SISODIA
PRASHANT KUMAR
PODDAR
SAHIL SHARMA
UTKARSH CHANDRA
MUJTA BAMAKHTAR
ACKNOWLEDGEMENT
We would like to acknowledge and extend our heartfelt gratitude to Mr. Prasanna Mohan Raj
Lecturer of Marketing at alliance school of business and all respondents who helped us in
completing this paper successfully. Thank you all once again.
ABSTRACT
The Project aims to test the buying behavior of shaving lotions between young and old market.
There is significant difference with respect to some attributes of young and old with respect
to after shave lotions. The research we conducted also supports this fact. We observed many
behavioral differences in buying patterns with respect to lotions between young and old and
presented a few in our paper.
INTRODUCTION
The objective of the study is to understand the consumer attitude and buying behavior for after
shave lotions. To understand this effectively, we have created a focused group questionnaire and
conducted a focused Group Discussion (FGD) on lotions. We have analyzed the questionnaire
and the FGD, to create an extensive questionnaire understanding the buying behavior of
consumers for lotions. We have done our analysis and revealed that there is significant difference
with respect to some attributes of young and old with respect to after shave lotions .The details of
the same are presented in further part of our paper.
RESEARCH OBJECTIVE
To identify the most preferred brand in aftershave lotion.
To find whether fragrance plays a major role in buying behavior of aftershave lotion.
To know whether men more concerned about using aftershave lotion after shaving.
To find out what brand of aftershave lotion generally male prefer to buy.
LITERATURE REVIEW
SOURCE- Pride in grooming by LItwik and David-ebsco.com, Progressive Grocer. May2012, Vol. 91
Issue 5, p128-128. 1p.
1.
2.
3.
4.
Many studies proved that the male wants to maintain the traditional manliness with the adoption of new
lifestyle and attitude. It is convinced that men are more concerned about their appearance. To identify the
problem 200 questionnaire were collected and analyzed though SPSS software version 16.
There are various factors which affecting consumer behaviour which is result of complex of all cultural,
personal, social and psychological characteristic. To identify the interested purchase and satisfy their
needs, these characteristics are essential for marketers. Actually most of the buyers pass through a series
of steps to reach to a purchasing decisions. The steps involved in purchasing decisions are:
1.
2.
3.
4.
5.
Need recognition
Information search
Evaluation of alternative
Purchase decision
Post purchase behaviour
1. Age
2. Qualification
3. Occupation
4. Grooming product
5. Prefer to buy from
6. Marital status
7. Buying advisor
8. Buying decision factor
9. Spending per month
10. Used product
From this study it is observed that the brand factor matters a lot for a consumers buy personal care
products because the awareness level of it was very high. But few consumers are there who prefer
products by price, packaging and offers. And to improving their self-image men are found to be more
aware hence more increase of sales could be expected.
As we know cosmeceutical are one of the largest addition to the health industry and also they
consists of a drug like characteristics .In skin care market cosmeceutical are the fastest growing
segment. As cosmeceutical helps in enhancing the health and beauty of the skin. From various
surveys it shows that the use of cosmeceutical has increased drastically in recent years.
The main objective of this study is to examine or review the literature regarding the phenomena
and concept of drug, cosmeceutical and cosmetics. According to one survey in recent years men
have become more alert or aware and conscious about their look and image, therefore which
increases the demand of men cosmetic products, thus which hamper the sales to increase by 18%
globally between 2006 and 2007 and also the change in male products in male products is
becoming
new
trend
and
is
expected
to
grow.
Lets see how the Evolution and Growth of Cosmeceutical occurred. Genesis The transition
cover to uncover. The transition female grooming to male grooming.
Cosmeceutical
Skin
Hair
Others
Selfimage
Consumptio
n of male
cosmetics
Societal
expectati
on
Perception
Media
According to data analysis and interpretation it shows that the maximum customer of the
consumption pattern are in the range below 40 years(71%),61% of customer are single and 67%
of customer are either student or service class . From this study it is concluded that there is a
strong link (i.e. the number of male users of cosmetic is increasing day by day in Delhi) of male
customers in cosmetics market. From this study also one of the most important outcomes came is
that media is playing one of the vital role in shaping and changing the attitude of male customers
towards the cosmetics product.
Marketing Mix
1. Product
2. Price
3. Place
4. Promotion
1. ProductProduct includes Packaging and Brand name.
Packaging- Packaging is the good mean to draw customer attentions on the
product because it psychological function on consumer mind.
Advertising investments-
2. PRICE
Cost only Rs 180
3. Place
Distribution channel of this market can
be generally divided into 2 market Super store
ANALYSE
1.
old, only men.
2. Do you use cosmetics?
3.
4.
5.
6.
Almost 89,1% of the interviewed men are using cosmetics, only 10,9% do not.
Do you rather use men or women cosmetics?
80% of the sample use men products. Almost 20% use both men and women cosmetics products.
What kind of products do you use?
The most popular are the shower gel (17,7%), then
the shaving foam (16,7%), the deodorant (16,3%), and the after shave (12,4%).
Since how long do you use them?
59,2% of the interviewed men are using cosmetics since more than 3 years, 24,5% since ever,
and 16,3% are using since between 1 to 3 years.
Which brand do you like best?
The most popular brand is Nivea for Men with 34,4%.
influence consumer behavior. The better marketer are at understanding customer behavior ,more
they are successful in influencing consumer.
3 Factors that determine consumer behavior are
Pyschological influence
Socio-culture influence
Situational influence
Before the decade ago, cosmetics predominantely associated with single gender ie. Women,
but trends are changing now a days. Mens are now becoming more and more sensitive about
skin care and grooming, and the new branch of cosmetics are available for men named as
Men cosmetic. Marketers have to go number of challenges as far as cosmetics products are
concerned because it applied directly on skin.
Emami first come with an idea of men cosmetic by launching an Male fairness cream in
Indian market, and within 1st 5 years company has an sale of 100 crores.
It has been observed that male customers buy cosmetic product from 1 shop and they spends
Rs 300-500 per month which is more than females and this is mainly due to Razors, Haircare,
Deodrants and Blades.
S.NO
Characteristic
Category
Frequency
1.
Age
Less than 30
30-40
more than 40
97
50
8
62.18
32.69
5.13
2.
Marital Status
Single
Married
95
61
60.90
39.10
3.
Occupation
Student
Service
72
82
46.20
52.60
4
10
32
44
66
2.60
6.40
20.50
28.40
42.3
4.
The market for male cosmetic products are although niche in india,
is growing and evolving.
Understanding male needs, attitudes and behaviors towards grooming will open up new
commercial avenues in this under-served arena
The above study tells us about the usage pattern of cosmetic consumption among male college
students. This case study tells us about the men cosmetics, usage of the mens cosmetics . this
attitude benefits and perception towards the different products. Now a days the cosmetics usage
among young men is on the line and in many personal case product companies are trageting this
product.Promotion in distribution increasingly to this growing market. hence we segment the
market and the behaviour of each market with respect to consumers behaviour variabely. hence
the study tells us about the usage and the spending on the product. This study tells us about the
products which are mostly used, such as telcom powder, perfumes, dws and awarness about the
brands and in urban and rural areas.
Hence the market is growing and yet estimated at rs 3.5bn and growing at 10-12% p.a. This
research shows us that skin creams segment is growing fastly and many companies like and all
growing fastly. Now a days modern men are more fasinated with their beauty and personal
appearance conscious about their their diet and life style choices and buyingg of beauty and
cosmetic products. GThere are many brands wich men prefer according to usage and dependence
of usage which depends of the social situations example could be partying,interviews and to
impress friends. According to this study data is gathered from man college students and
segmenting varaialbes are classified into usage, attitude and benefits.The above study tells us
about the usage of cosmetics everyday, happy with friends without cosmetics, cosmetics improve
appearance, confidence and beahaviour.
The above study tells us about the segmentation approach depending on rural urban areas, reason
for using the cosmetics, buying of cosmetics, consideration in buying, channels of buying, type
of skin, brand of face cream, brand of shaving cream and brand of face wash.
RESEARCH METHODOLOGY
The Research Methodology includes Research Design, Data Sources, Data Collection
Techniques, Sampling Method and Sample Size.
RESEARCH DESIGN
Research Design explains the method based on which the study was conducted and the reason
for selecting the particular methodology. This study made use of two different methodologies,
namely Exploratory Research and Descriptive Research. Exploratory research used to explore
the thoughts, the mindset and the hidden factors that drive these consumers during their shopping
and
DATA SOURCE
Primary data was obtained by using questionnaires as an instrument for collecting information
about male usage pattern of aftershave lotion.
Factor Analysis
Total Variance Explained
Initial Eigenvalues
Compon
ent
Total
% of Variance
Cumulative %
4.055
31.193
2.225
17.119
1.632
12.551
1.189
9.145
1.154
8.880
.805
6.188
85.076
.586
4.505
89.581
.405
3.114
92.695
.327
2.514
95.209
10
.270
2.080
97.289
11
.191
1.471
98.760
12
.134
1.028
99.788
13
.028
.212
100.000
Compon
ent
Cumulative %
Total
% of Variance
Cumulative %
31.193
4.055
31.193
31.193
48.312
2.225
17.119
48.312
60.863
1.632
12.551
60.863
70.008
1.189
9.145
70.008
78.888
1.154
8.880
78.888
Total
% of Variance
Cumulative %
2.967
22.823
22.823
2.042
15.711
38.534
1.976
15.198
53.733
1.897
14.595
68.327
1.373
10.560
78.888
Correlation Matrixa
to attract women
Correlation
occupational
image
image
.186
.055
.298
to feel better
.024
.420
.617
.617
.081
.260
1.000
.128
.029
.128
1.000
.434
occupational image
.029
.434
1.000
-.052
.323
.253
.116
.730
.314
-.167
.101
.143
ease of use
-.102
.354
.262
.224
.474
.198
-.464
-.114
-.240
recommended by friend
.259
.832
.427
.187
.397
.074
to feel better
.455
.018
.001
.001
.351
.105
.271
.445
to attract women
medical reason
Sig. (1-tailed)
to improve self
to attract women
to improve self image
.271
.015
occupational image
.445
.015
medical reason
.402
.058
.111
.290
.000
.063
.213
.316
.248
ease of use
.314
.041
.103
.141
.008
.172
recommended by celebrity
.010
.294
.124