Marketing Strategy of Dabur Product
Marketing Strategy of Dabur Product
Marketing Strategy of Dabur Product
ON
MARKETING STRATEGY OF DABUR PRODUCT
Project Supervisor
HOD (Management)
CERTIFICATE
To the best of my knowledge, this research work is original and no part of this report
has been submitted by the student earlier to any other institution / university.
Project Supervisor
HOD (Management)
ACKNOWLEDGEMENT
2
It is with the feeling of satiated and sense of zenith that I draft this
acknowledgement note. I wish to express my gratitude to those who have generously
helped me to compile the Dissertation and stand up high, to the expectation of the
institute.
I would like to express sincere gratitude to Dr. AJAY TRIPATHI and Dr. ASHWANI
VARSHNEY my faculty members guidance for his considerable advice, time and
substantial encouragement throughout the course of this dissertation.
Last but not the least; I would like to thank my friends for their diligent endeavor and
earnest desire to lead me towards my path of perfection.
TABLE CONTENT
SUB TOPIC
PAGE NO
PRODUCT PROFILE
PRODUCT LINE
I.
OVERVIEW OF THE HAIR OIL SEGMENT
a)
OVERVIEW OF VATIKA
b)
STP ANALYSIS OF VATIKA HAIR OIL
c)
MARKET MIX OF VATIKA HAIR OIL
6
8
10
13
15
16
19
20
22
24
II
35
III
38
IV
ADVERTISING
39
SWOT ANAYSIS
52
54
OBJECTIVE
57
RESEARCH METHODOLOGY
58
63
CONCLUSION
86
LIMITATION
89
RECOMMENDATION
91
ANNEXURE
93
BIBLIOGRAPY
98
INTODUCTION OF COMPANY
The origin of Dabur can be traced back to 1884 when Dr. S.K. Burman started a health
care products manufacturing facility in a small Calcutta pharmacy. In 1896, as a result
of growing popularity of Dabur products, Dr. Burman set up a manufacturing plant for
mass production of formulations. In early 1900s, Dabur entered the specialized area of
nature based Ayurvedic medicines. In 1919, Dabur established research laboratories to
develop scientific processes and quality checks. In 1936, Dabur became a full-fledged
company with the name Dabur India (Dr. S.K. Burman) Pvt Ltd. Dabur shifted its
operations to Delhi in 1972. Dabur became a Public Limited Company in 1986 and
Dabur India Limited came into existence after reverse merger with Vidogum Limited.
In 1992, Dabur entered into a joint venture with Agrolimen of Spain to manufacture
and market confectionary items in India. In 1994, Dabur raised its first IPO. In 1998,
day to day running of the company was handed over to professionals. In 2000, Dabur
achieved a turnover of Rs 1000 crores. In 2005, Dabur acquired Balsara. Dabur crossed
$ 2 billion market cap in 2006. Some of the well-known brands of Dabur are: Amla
Chyawanprash, Hajmola, Lal Dantmanjan, Nature Care, Pudin Hara, Babool
Toothpaste, Hingoli, Dabur Honey, Lemoneez, Meswak, Odonil, Real, RealActiv and
Vatika.
COMPANY OVERVIEW
7
Over its 120 years of existence, the Dabur brand has stood for goodness through a
natural lifestyle. An umbrella name for a variety of products, ranging from hair care to
honey, Dabur has consistently ranked among Indias top brands. Its brands are built on
the foundation of trust that a Dabur offering will never cause one harm.
The trust levels that this brand enjoys are phenomenally high. While Ries and Trout
may ask What does Dabur stand forshampoo or digestive tablets? The answer is
fairly simple, it stands for Indias fourth largest fast moving consumer goods company
that both consumers and trade respect and trust unequivocally, and which has an annual
turnover of over Rs 15 billion.
The company has kept an eye on new generations of customers with a range of
products that cater to a modern lifestyle, while managing not to alienate earlier
generations of loyal customers.
Dabur is an investor friendly brand as its financial performance shows. There is an
abundance of information for its investors and prospective information including a
daily update on the share price (something that very few Indian
brands do). Theres a great sense of responsibility for investors funds on view. This is a
direct extension of Daburs philosophy of taking care of its constituents and it adds to
the sense of trust for the brand overall.
COMPANY HISTORY
Dabur India Ltd. made its beginnings with a small pharmacy, but has continued to learn
and grow to a commanding status in the industry. The Company has gone a long way in
popularizing and making easily available a whole range of products based on the
9
traditional science of Ayurveda. And it has set very high standards in developing
products and processes that meet stringent quality norms.
1884 - Established by Dr. S K Burman at Kolkata
1896 - First production unit established at Garhia
1919 - First R&D unit established
Early 1900s Production of Ayurvedic medicines
Dabur identifies nature-based Ayurvedic medicines as its area of specialization. It is
the first Company to provide health care through scientifically tested and
automated production of formulations based on our traditional science.
1930 - Automation and up gradation of Ayurvedic products manufacturing
initiated
1936 - Dabur (Dr. S K Burman) Pvt. Ltd. Incorporated
1940 - Personal care through Ayurveda
Dabur introduces Indian consumers to personal care through Ayurveda, with the
launch of Dabur Amla Hair Oil. So popular is the product that it becomes the largest
selling hair oil brand in India.
1949 - Launched Dabur Chyawanprash in tin pack
Widening the popularity and usage of traditional Ayurvedic products continues. The
ancient restorative Chyawanprash is launched in packaged form, and becomes the
first branded Chyawanprash in India.
1957 - Computerization of operations initiated
1970 - Entered Oral Care & Digestives segment
Addressing rural markets where homemade oral care is more popular than
multinational brands, Dabur introduces Lal Dant Manjan. With this a conveniently
packaged herbal toothpowder is made available at affordable costs to the masses.
10
Fruit Juices - a new concept in the Indian foods market. The first local brand of 100%
pure natural fruit juices made to international standards, Real becomes the fastest
growing and largest selling brand in the country.
1998 - Burman family hands over management of the company to professionals
2000 - The 1,000 crore mark
Dabur establishes its market leadership status by staging a turnover of Rs.1, 000
crores. Across a span of over 100 years, Dabur has grown from a small beginning
based on traditional health care. To a commanding position amongst an august
league of large corporate businesses.
FINANCIAL REPORT
INCOME
2007
2006
2005
Sales Turnover
1778.02
1232.3
1163.19
Excise Duty
36.93
26.89
73.37
60.61
Net Sales
Other income
19.31
22.34
11.97
11.73
9.61
16.74
Stock
22.19
-4.24
7.96
-25.78
-3.58
16.85
42.49
12
2004
65.4
2003
2002
1102.58
Adjustments
Total Income
1136.17
EXPENDITURE
Raw Materials
558.4
428.7
447.19
405.32
452.7
466.87
30.59
26.28
21.69
17.12
19.84
18.31
Employee Cost
109.77
91.23
74.99
70.3
89.47
Expenses
255.13
153.35
111.91
80.46
74.73
74.23
460.52
365.33
368.11
329.47
360.09
350.03
Miscellaneous
Expenses
55.17
56.36
35.5
29.09
32.15
26.13
Total
Expenditure
1469.58 1121.25
1059.39 931.76
1028.98 1013.03
Operating Profit
313.01
239.64
186.77
136.77
135.98
123.14
Interest
6.81
5.73
4.66
7.58
18.4
26.64
Gross Profit
306.2
233.91
182.11
129.19
117.58
96.5
Depreciation
21.98
19.05
17.1
15.75
22.04
20.99
284.22
214.86
165.01
113.44
95.54
75.51
Tax
31.52
18.08
13
8.75
7.62
4.92
3.7
Deferred Tax
3.49
5.56
77.46
Other
Manufacturing
-2.66
13
Reported Net
Profit
252.08
189.08
148.01
101.2
84.92
65.03
Extraordinary
Items
8.29
1.94
3.61
2.6
0.58
2.98
Adjusted Net
Profit
243.79
187.14
144.4
98.6
84.34
62.05
PRODUCT PROFILE
PRODUCT LINE
Foods
Real
Real Activ
Hommade
Lemoneez
14
Capsico
Health Care
Baby Care
Health Supplements
Dabur Chyawanprash
Dabur Glucose D
Hajmola Yumstick
Anardana
Hajmola
15
Hajmola Candy
Pudin Hara G
Dabur Hingoli
Skin Care
Gulabari
Natural Cures
Shilajit Gold
Nature Care
Sat Isabgol
Shilajit
Ring Ring
Itch Care
Backaid
16
Shankha Pushpi
Dabur Balm
Sarbyna Strong
Personal Care
Oral Care
17
Babool Toothpaste
Ayurvedic Specialities
Ayurveda
Ayurveda Vikas
In the last quarter of the previous century Indian women have imbibed global mores,
ethics, fashions and styles in a remarkable way. Yet the popular iconography of
Indian beauty still associates them with beautiful fair skin and dark, long lustrous
hair a commonly accepted definition of beauty in Indian society.
Across the country, mothers spend endless hours teaching their daughters what their
mothers had taught them about maintenance of their natural beauty taken primarily
as caring for the skin and hair. In the hair care regime, of the numerous prescriptions
none is more universally accepted than the oiling of hair for nourishment and use of
home-made concoctions of henna and shikakai paste for conditioning them.
It would come as a surprise to only a few that hair oils have a penetration of almost
98% (Source: IRS 2003). Of the branded market, hair oils form a major chunk
accounting for Rs. 13 billion with coconut hair oils as the prime segment at Rs. 9.1
billion. (Source: ACNielsen ORG-MARG 2003).
OVERVIEW OF VATIKA
The Vatika brand was launched in 1995 with Vatika Hair Oil
as its first product. In the very first year of its launch it crossed Rs. 100 million in
turnover. Over the years, Vatika has come to be amongst the companys highest
selling brands.
It was joined in 1997 by Vatika Henna Cream Conditioning Shampoo and later, in
2000, by Vatika Anti-Dandruff Shampoo. In 2003, brand sales crossed Rs. 1,000
million. From the companys perspective, Vatika is expected to continue to drive its
19
growth in the years to come. With its innovative offerings, the brand aims to become
a frontrunner in the market for hair care and skin care products.
Vatika is a comparatively young brand but is already acknowledged for the
qualitatively influential and pioneering role that it has played in the evolution of the
categories it has had a presence in. Currently, the total annual sales of Vatika
products are over Rs. 1,000 million. Of this, Vatika Hair Oil enjoys a 6.4% market
share in the coconut hair oil category (Source: ACNielsen ORG-MARG, 2003).
Vatika has not just been successful in garnering a premium image but, today, stands
as the preferred and trusted brand of 11.1 million users (Source: IRS Household
Data)
PRODUCT
Vishwast
Amla,
Ashwagandha,
Hareetaki,
Dashmul,
Ghrit
health
beneficial
and
several
Special
Vishwast
fortified
with
additional
herbs
like
PACKAGING
The figure above shows the evolution of the packaging of Dabur Chyawanprash.
Dabur continuously innovates the package and branding of its chayawanprash. It
launched Dabur Chyawanprash first in 1949 in a tin pack and it was the first branded
Chyawanprash in India. Later Dabur came out with its new packet of Chyawanprash
21
SEGMENTATION
Vatika Hair Oil was launched at an almost 100% premium to the market leader.
This meant that the segment of the market that dabur wanted to cater to was the
premium segment which valued nourishment of the hair above the price and it
tried to attend to that segment which was not price sensitive.
22
TARGETING
This was in line with its proposition and overall brand strategy of a premium upmarket product targeted for individual needs as opposed to the collectivist culture of
the category. It targeted the high income urban category of hair oil users. Since the
product was expensive it could mainly cater to the urban market as opposed to the
rural market where consumers are highly price sensitive. Being positioned as having
amla, henna and lemon extracts, the product was targeted towards the young,
contemporary, educated, multi-faceted, achievement-driven and confident women
who were positioned as the Vatika Woman.
POSITIONING
Natural offering
Vatika is a brand that espouses traditional wisdom about health in a modern
format. It believes that nature has perennial answers to day-to-day health issues,
particularly when it comes to hair care and skin care. In a world where modern
living causes untold stress the Vatika brand holds out the promise of providing
natural ingredients that rejuvenate and safeguard the human body in an
extraordinary way. This concept is put to work through contemporary, modern
products, offered by Vatika.
The
Vatika
woman
is
young,
contemporary, educated,
multi-faceted,
achievement-driven and confident. It is in the Vatika brand that she sees a true
reflection of her own personal ideals.Through creation of the concept of Vatika
woman,it has tried to carve out a new positioning in the minds of the new age
woman.
24
Vatika Hair Oil has made a huge impact with its innovative product offering, pricing
strategy, easy availability and promotion campaigns. In the marketing mix of Dabur, we
shall be discussing the 4 Ps of marketing mix with respect to Vatika Hair Oil. The mix
shall be analyzed as followed:
Product
Price
Place
Promotion
25
Product
Price
Promotion
Product
List Price
Variety
Discount
Quality
Financing
Design
Features
Brand Names
Services
Advertising
Place
&
Channels
Promotion
Location
Public Relations
Inventory
Schemes
Sponsorships
Credit Terms
Internet Marketing
PRODUCT
26
of herbs and natural products such as henna, amla and lemon have been used
for special hair needs.
Coconut hair oil provides nourishment to the hair, while henna along with other
herbs coat the hair and protect it from oxidation, thereby maintaining its natural
colour. Amla strengthens hair roots and helps maintain their natural health and
thickness. Lemon with its astringent action controls sebum flow and helps in
prevention of dandruff.
Apart from henna, amla and lemon, it also contains other natural ingredients like
brahmi, neem, bahera, kapur, kachari, harar, dugdha and sugandhit
dravyas.
Packaging: The qualities of Vatika products, ascribed to the brand by hundreds
of thousands of satisfied consumers, have been further underlined by its
attractive packaging. In a category dominated by blue
packs as analogous of pure coconut oils, Vatika broke the norm with its white
and green bottle with a mushroom cap.The green-and-white colours, used in its
packaging, reflect the brands natural ancestry and give it a premium look. These
also help Vatika stand out in the cluttered environment of Indian retail.
Available in
Bottles
Flip cans
27
Quality Vatika products contain natural ingredients that have been blended together
through scientific processes at Daburs in-house research laboratories. Dabur Research
Foundation has more than 100 scientists working together to make superior quality
products that match international standards.
PRICE
In the traditional coconut hair oil category, which presumably had price sensitive
consumers, Vatika Hair Oil with its value added proposition henna, amla and
lemon in a pure coconut oil broke this myth when it launched at almost a
100% premium to the market leader; even with such a pricing strategy it was
able to garner a significant share from the leader in the very first year of its
launch.
28
The table above shows that Dabur Vatika is one of the highest priced of hair oils
since it targets the higher income class and also that the prices have remain
unchanged since 1999.
PRICE/QUALITY MATRIX
Price
Quality
High
Middle
Low
Luxury
Ideal
Segment
Penetration
Offering
Average
Real
High
For
Premiere
VATIKA
Overpriced
Bargain
Middle
Low
Unhappy
Cheap
and Run
Customers
Goods
29
PLACE
Vatika products including Vatika Hair Oil are sold in 38 countries through more than
15 lakh retail outlets and 5,000 distributors who service the entire country through a
wide marketing network.
Daburs distribution network extends beyond India in the following countries as well:
Distribution Network
30
Australia
Asia
Middle East
PROMOTION
Vatika the key focus brand of the company has always been well
supported. The company realised early that, from the perspective of brand
building, it was vital to invest in this brand.
31
.
Vatika Hair Oils first promotion: It focussed on the key benefit
beautiful hair without hair problems that came about as a result of the extra
nourishment through the value addition of henna, amla and lemon-derived
additives.
enriched with natural herbs. Vatika was firmly established as the leader in the
new category of value-added hair oils and its promotion campaign was so
successful that the product segment itself came to be identified with Vatika.
32
ADVERTISING
Vatika Hair Oil uses a number of advertising media like television, print,
internet, outdoor media which includes hoardings.
Events: In a series of other promotional activities, Vatika has been associated
with shows and sponsored events such as the Vatika Super Model India 2001
and Vatika Zee Sangeet Awards. It has also had a strong association, since its
inception, with Movers and Shakers the popular TV show.
34
Celebrity
of using an extraordinary
nourishment
communicated
was
through
Shefali
and
extra
personality.A number of
Chhaya
edge
commercials
in
over
their
the
years
have
featured
personalities like Aditi Govitrikar, Preeti Jhangiani and Shweta Jaishankar.To infuse
the values of youthfulness and natural beauty, Rani Mukherjee is the current brand
ambassador
35
SEGMENTATION
TARGETING
36
Traditionally, chyawanprash was supposed to be a health supplement for the aged and
kids. Dabur Chyawanprash (DCP) is now targeting adults, housewives, youth and
kids .This it is trying to achieve through its promotion activities by making Amitabh
Bacchan and Vivek Oberoi do the endorsement act. Amitabh has been projected as a
user of Chyawanprash attempting to establish the relevance of DCP amongst the adults
in todays demanding lifestyle. Vivek, who represents an urban ambitious non-user with
a mindset that Chyawanprash is not for him, meets his moment of truth when
outperformed by a young Chyawanprash user, thus reaching out to kids. His final
conversion from a non-user to a Chyawanprash user connects with the Youth. These
two ads compliment each other and connect very well with the targeted consumers
POSITIONING
37
"Andar se strong: Dabur chyawanprash has the tag line "Andar se strong By using
a natural language instead of scientific language it is able to connect with the
consumers and is able to achieve a better positioning in the minds of the Indian health
conscious consumer. A category like Chyawanprash for instance needs to understand
that in employing the category language it loses any chance of expressing its own
benefit distinctively.
38
Product
Price
Place
Promotion
39
Product
Price
Promotion
Product
List Price
Variety
Discount
Quality
Financing
Design
Features
Brand
Schemes
Advertising &
Channels
Promotion
Location
Public
Inventory
Relations
Credit
Sponsorships
Terms
Internet
Names
Marketing
Services
40
Place
PRODUCT
Vishwast
Amla,
Ashwagandha,
Hareetaki,
Dashmul,
Ghrit
health
beneficial
and
several
Special
Vishwast
fortified
with
additional
Keshar, Akarkara
41
herbs
like
Packaging
The figure above shows the evolution of the packaging of Dabur Chyawanprash.
Dabur continuously innovates the package and branding of its chayawanprash. It
launched Dabur Chyawanprash first in 1949 in a tin pack and it was the first branded
Chyawanprash in India. Later Dabur came out with its new packet of Chyawanprash
with Amitabh Bachchan as their brand ambassador. It also received Brand
Relaunch of the Year award from IMA.
Available in
Dabur Chyawanprash is available in three sizes to cater to the needs of different types
of people.
1. One kilogram pack
2. 500 gram pack
3. 250 gram pack
42
PRICE
Rs.175.00
500gms
Rs.100.00
250gms
Rs. 55.00
PRICE/QUALITY MATRIX
43
Price
Quality
High
Middle
Low
Luxury
Premiere
High
Segment
DABUR
Offering
CHYAWANPRASH
Overpriced
Average
Middle
Low
Real
Bargain
Make
The
Sale
and
Unhappy Customers
Cheap
Goods
Run
PLACE
44
Dabur has a very wide distribution of its products through 1.6 million retail outlets and
50 C & F agents all over India who distribute products to the retailers. A distribution of
C & F agents and manufacturing locations is given below.
Daburs distribution network extends beyond India in the following countries as well
Distribution Network
Australia
Asia
Middle East
PROMOTION
The main form of promotional activities of Dabur chyawanprash are concentrated
towards advertising and it has neglible sales promotional activities.
Advertising
Nothing can happen without establishing the brands heritage emphasizing
technological prowess, explaining benefits and building bonds with prospective buyers.
Ads are necessary because the images are still mouldable and fluid and the consumers
sophistication level is low. Dabur chyawanprash is advertised on print media as well
as on television.
The company has launched two ads, one each with Amitabh and Vivek, in national
electronic media followed by a series of print media campaign directed towards
creating awareness to educate people about the holistic benefits of Chyawanprash.The
ads have been created by McCann Ericsson and the company would be spending close
to Rs 10 crore in promotional campaign this year. The ads would also be translated in
Bengali. These advertisements are supposed to target the old and the younger
generation respectively.
46
everyday.
47
dives into the river. Not to be left behind... river but ultimately stops when he
get tired
48
COMPETITOR ANALYSIS
The key competitors of Dabur in the Chyawanprash segment are Baidyanath, Zandu
and Himani, which together with Dabur have about 85% of India's domestic market.
Dabur is India's largest Ayurvedic medicine supplier and the fourth largest producer of
FMCG. It was established in 1884, and had grown to a business level in 2003 of about
650 million dollars per year, though only a fraction of that is involved with Ayurvedic
medicine. Dabur Chyawanprash (herbal honey) has a market share of 61%.
We have tried to analyse the competition for Dabur in the Chyawanprash segment as
follows:
49
Sri Baidyanath Ayurvedic Bhawan Ltd. (Baidyanath for short) was founded in 1917
in Calcutta, and specializes in Ayurvedic medicines, though it has recently expanded
into the FMCG sector with cosmetic and hair care products; one of its international
products is Shikakai (soap pod) Shampoo.Its Chyawanprash has a market share of 10%.
50
The Emami Group, founded in 1974, provides a diverse range of products, doing 110
million dollars of business annually, though only a portion is involved with Ayurvedic
products, through its Himani line; the company is mainly involved with toiletries and
cosmetics, but also provides Chyawanprash and other health products.Its market share
is 12%.
STRENGTHS
Strong presence in well defined niches( like value added Hair Oil and Ayurveda
specialities)
IT Initiatives
WEAKNESS
Low Penetration(Chyawanprash)
High price(Vatika)
52
OPPORTUNITIES
Untapped Market(Chyawanprash)
Market Development
Export opportunities.
Innovation
THREATS
New Entrants
53
segment. The company has already been exporting hair oils, shampoos and Hajmola
candies to Afghanistan. In Bangladesh, Dabur is entering into a joint venture with a
local partner to manufacture and market its products. Dabur will hold a majority stake
in this joint venture.
PRODUCT DEVELOPMENT:
Dabur India Ltd (DIL),buoyed by a bottom-line growth of 84 per cent in the first
quarter this fiscal, would be investing significantly in the launch of several new
products including Dabur Herbal Toothpaste and Vatika Henna Conditioning hair
packs over the coming months.
The Vice-President-Sales, Mr S. Raghunandan, said, "The FMCG industry cannot be
defined only by the performance of large players. Smaller companies are now dictating
terms and defining the market. DIL will launch new products backed by adequate
research."
DIVERSIFICATION: Diversification across product segments and markets is one of
the key factors in favour of Dabur India. In 2001-02, Dabur India had three major
revenue contributors FMCG products, pharmaceuticals and ayurvedic specialties,
accounting for 76 per cent, 14 per cent and 7 per cent respectively, of its revenues.
Dabur's FMCG product basket includes such strong brands as Dabur Chyawanprash,
Vatika hair products, Hajmola digestive candy, Pudin Hara, Dabur Lal Dant Manjan
and Dabur Lal Tail massage oil. In pharmaceuticals, Dabur India markets branded as
well as bulk formulations, both in the domestic and export markets; oncologicals is a
55
key focus area. Dabur's anticancer molecule DRF 7295 is currently in Phase I clinical
trials on humans.
In a bid to diversify its product portfolio, Dabur India Ltd (DIL) has entered the toilet
soap market besides expanding its over-the-counter (OTC) medicine range with 10
new additions over the next few months. The company has begun test marketing toilet
soaps under the brand name Vatika in West Bengal. There is a single variant,
containing saffron and honey, right now and Dabur is positioning it on the herbal
platform. Manufacturing of the soaps category is being outsourced at present
Besides diversifying its product portfolio under the Consumer Care Division (CCD)
with a foray into soaps, DIL has also decided to enhance focus on the Consumer
Healthcare Division (CHD) this fiscal. The newly created CHD division within DIL
deals in prescription-based Ayurvedic medicines and over-the-counter (OTC) products.
Traditionally a business with low growth prospects, CHD closed 2004-05 at Rs 107.8
crore.
Some of the existing OTC products of DIL include cough and cold formulation
Honitus, isabgol called Naturecure, and memory enhancer Shankhpushpi .
The company plans to launch other products under its own brand name in Russia and
has already launched Dabur Boro Glow.
56
To aware about the mostly preferred brand among the customer and
Retail Stores
.
To survey with customers and Retail Stores to know the Marketing
Strategies of Dabur
.
To know about STP strategies of company to attract customers
towards brands
.
To aware about the Schemes whatever provided by company to
57
Research Methodology
Research Plan
58
Data source
Research approach
:
:
Research instrument :
Sampling Plan
Contact method
Personal
procedure random
Research & common platform, refer to a knowledge. Another definition of research & a
careful investigation or enquiry specially through search for new fact in any brand of
knowledge.
Before embarking upon the research plan the research objective were specified. The
clarity of the objective was helpful in carrying forth the project plan with core & with
encumbrance.
All form filled by myself taking a part of on English. Some question were framed in the
forms in directly so as to gather the information which . Would have been asked
directly might have offered the retailers so that this had to be frame indirectly.
Sample Selection : Area of study: I choose the routes to know the market conditions of
the DABUR that what are the real position of DABUR in the market. The choosen
route are given below
h Design
Methodology Adopted
As the purpose of the project report is to analyse the consumable products successfully
launched in the last three years.
The data was collected both with the help of primary as well as secondary sources.
For primary data, I proceeded with the drafting of the questionnaire for consumers was
structured as undisguised, & Personal -interview retailers. Distributors & wholesalers
and it was handed personally by me to the respondents to be analysed.
The questionnaire method was useda)
b)
c)
d)
Secondary data was also collected personally by me, which the company has furnished
for the general public. The secondary data was gathered with the help of various
magazines, newspapers, journals, brochures and also through the internet. For
secondary sources no field work was employed.
In order to amplify the empirical findings from primary and secondary sources, a
survey was conducted both of consumers and retailers Distributor & Wholesalers in
order to gauge the market opinion.
The questionnaire was of multiple choice and the pattern of questions was as simple as
possible. With every question, multiple choices were given and
respondents were asked to select one of them. The questionnaire technique was
structured and not disguised as the questions followed one pattern and reason behind
the questionnaire was stated properly. All the questions were directly related to the
subject.
For Dabor Chyawanprash and Vatika hair oil.
61
1)
Sample size for customers were 150 in number and the universe comprised of
all the consumers within the geographical region of Delhi.
2)
Sample size for retailers were 40 in number and the universe comprised of all
the consumers within the geographical region or Delhi.
3)
Sample size for Distributor & Wholesaler were four in number & the universe
comprised of all the consumers within the geographical region of Delhi.
62
100
90
80
70
60
PERCENTAGE
50
40
30
20
10
0
ZANDU
HIMANI
BAIDYANATH
ANALYSIS:
In the survey most of the people know about DABUR
CHYAWANPRSH
as compare to other
64
DABUR
80
70
60
50
RATING(1-LOW 5-HIGH)
40
30
20
10
0
ZANDU
HIMANI
BAIDYANATH
ANALYSIS:
In the rating DABUR got highest position in retail survey
65
DABUR
60
50
40
PERCENTAGE
30
20
10
0
brand loyalty
price
availability
no reason
ANALYSIS :
During the survey customer preferances to brand loyalty not for
Price
66
60
50
40
PERCENTAGE
30
20
10
0
price discount
others
ANALYSIS;
Customer survey 60% price discount 5% byu one get one
And 40%others companies also prefer
67
60
50
40
PERCENTAGE
30
20
10
0
yes
no
ANALYSIS:
Changing price also affect their preference because they that time they
68
AWARNESS LEVEL
40
35
30
25
PERCENTAGE
20
15
10
0
PARACHUTE
KEO KARPIN
NIHAR
VATIKA
ANALYSIS:
In this survey I got Parachute is the most preferred brand according to Awarness
69
PREFERRED BRAND
40
35
30
25
PERCENTAGE
20
15
10
0
PARACHUTE
KEO KARPIN
NIHAR
Analysis
Parachute is the most preferred Brand among the customers followed by
Vatika and Keo Karpin.
70
VATIKA
SATISFACTION LEVEL
3.5
2.5
RATING(1-LOW 5-HIGH)
1.5
0.5
0
PARACHUTE
KEO KARPIN
NIHAR
VATIKA
Analysis
The satisfaction level of customer towards Parachute, Keo Karpin and
45
40
35
30
25
PERCENTAGE
20
15
10
5
0
NON STICKY
BRAND LOYALTY
FRAGRANCE
PRICE
Analysis
The mostly reason to buy the preffered brand is Non Sticky followed by
72
80
70
60
50
PERCENTAGE
40
30
20
10
0
TV
INTERNET
WOM
Analysis
Most of the people came to know about this brand through TV followed by
.
WO
73
45
40
35
30
25
PERCENTAGE
20
15
10
5
0
PURCHASE ANOTHER BRAND
WAIT
BUY SUBSTITUTE
ANALYSIS:
The reason of unavailability of preffered brand is Purcha se another Brand
followed by Wait constraints.
74
60
50
40
PERCENTAGE
30
20
10
0
75ml
150 ml
300 ml
Analysis
The mostly preferred pack size of the brand is 150 ml followed by 300 ml.
75
40
35
30
25
PERCENTAGE
20
15
10
5
0
AVAILABILITY
PRICE
FAMILY SIZE
STORAGE
Analysis
The mostly rason to select preferred pack size is Availability of the brand followed
by Price.
76
FREQUENCY OF PURCHASE
70
60
50
40
PERCENTAGE
30
20
10
0
15 DAYS
ONE MONTH
TWO MONTHS
Analysis
The mostly frequency of purchase the preferred brand is Two months
77
80
70
60
50
PERCENTAGE
40
30
20
10
0
marico
hll
karrpikeo karpin
vatika
Analysis
Mario is the brands of hair that is mostly stocked by Retail Stores followed
by Vatika.
78
50
45
40
35
30
PERCENTAGE
25
20
15
10
0
marico
hll
karrpikeo karpin
vatika
Analysis
Mario is the most preferred brand among the Retail stores followed by
79
50
45
40
35
30
PERCENTAGE
25
20
15
10
5
0
brand loyalty
price
availability
no re ason
Analysis
The mostly reasons for customers preferences is Brand Loyalty followed
80
50
45
40
35
30
PERCENTAGE
25
20
15
10
5
0
high incom e
m iddle incom e
low incom e
Analysis
The mail Profile of the customer of Retail Stores lies in the
81
40
35
30
25
PERCENTAGE
20
15
10
5
0
price discount
others
Analysis
The mostly scheme that are provided by Companies to Retail Stores is
82
60
50
40
PERCENTAGE
30
20
10
0
price discount
others
Analysis
Customers mostly prefer the Price Discount Scheme followed by Buy One
83
60
50
40
PERCENTAGE
30
20
10
0
yes
no
Analysis
According to Retail Stores Advertising does not have an effect on the
consumers preferences.
84
60
50
40
PERCENTAGE
30
20
10
0
yes
no
Analysis
According to Retail Stores Price of the brand definitely affect the
preferences of customers.
85
86
CONCLUSIONS
The Chyawanprash Industry is yet to capture the beverage market in full swing.
Packed Chyawanprash followed by Amla, Ashwagandha, Hareetaki, Dashmul, Ghrit
and several
other herbs and herbal extracts. the market. The consumers patriotic love for tea and
coffee is unfared. Chyawanprash are yet to establish their supplement use in the
average household here in lies the great opportunities. Within the market, it is safe to
conclude that dabur has hit off ratherwell with the masses. dabur has clearly lost it
head start advantage and thereby acquiring just 35% of the market share while others
enjoys rest of the market share. This could be well attributed to dabor successful ATA
(Availability, Taste and Affordability) marketing module, the attributes most rated by
the consumers. Lack of publicity has hampered the growth progress of the brand so
aggressive advertising is needed to promote Chyawanprash and vatika hair oil
brand .The brands such as that of Chyawanprash by vednath, Chyawanprash with its
sonacahndi, Minute- made and also US food giantssDel Monte are ready to hit the
Chyawanprash market very soon.
Vatika hair oil has no major competition except an Australian Product Tobasco. As a
new product so people are not able to digest it yet Dabur is getting 8 crores from
Vatika hair oil in which accounts for 4 crores, Lemoneez 1 Crore & others 3 Crores .
As the strategies of the companies keeps on changing, be it in Chyawanprash
industry, a company has to create perceptions and cover them into realities.
It is an
88
It was quenching time in the shops that use to deal in and some retailers could
not give proper attention towards our queries.
Some retailer did not co-operative with us as they thought; it is just wastage of
time
There was no way to assess the reliability of the retailers. What ever they said
had to be assumed to be truth.
Category wise search for retailer was a terrific job in the market.
90
RECOMMENDATIONS
Focus on growing core brands across categories.
Be the preferred company to meet the health and personal grooming needs of our
target consumers with safe, efficacious, natural solutions by synthesizing the deep
knowledge of ayurveda and herbs with modern science.
Vatika hair care centre: On the lines of Maricos Kaya Skin Clinic, Dabur could
start a venture called Vatika hair care centre
which would provide total hair care solutions.
It could have hair care experts to solve hair
problems.Services could include dandruff
treatment, straightening of hair, treatment for
split ends,etc.
92
Dear Respondent,
Thanks for sparing few minutes to fill this questionnaire, which will help us to study
the consumer perception for hair oil.
93
Any information provided by you will strictly be used for Academic Purpose.
1. Which brands of hair oil are you aware of?
Parachute
Keo Karpin
Nihar
Dabur Vatika
Parachute
Keo Karpin
Nihar
Dabur Vatika
1
94
4. What are the primary reasons for which you use this particular brand?
Non sticky
Brand Loyalty
Fragrance
Price
6.
TV
Internet
Word of Mouth
Go for a substitute
75 ml
150 ml
300 ml
Availability
Price
Family size
Storage
Once in 15 days
Once a month
Yes
No
97
REFERENCES
Books:
98
Kothari C. R., Research Methodology, 2nd edition, 2002, New Age International
Pvt. Ltd., P. 11, 130.
Company Documents.
Websites
www.google.com
www.dabur.com
www.tutor2u.net
99