A Study On Consumer Preferences For Coca Cola"
A Study On Consumer Preferences For Coca Cola"
A Study On Consumer Preferences For Coca Cola"
ACADEMIC SESSION
2008-2010
1
ACKNOWLEDGEMENT
2
PREFACE
This study report also provides the various factors affecting the
services. Marketing Division of COCA COLA has to keep in mind
various factors specially while preparing a plan for marketing its
product or services. Detail description along with analysis of
surveyed data is being presented in this report
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TABLE OF CONTENTS
PREFACE
1:- INRODUCTION
1.1 EXECUTIVE SUMMARY
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EXECUTIVE SUMMARY
The objective of the project is to know the consumers preferences for Cola
Drinks, to study the Market Potential of COCA COLA and The report
contains a brief introduction of Coca Cola. The company COCA COLA has
interests in various sectors and they provide consistent quality products to
meet our costumer’s requirement worldwide.
This report clearly mentions objective of the study and the research
methodology utilized. both primary data and secondary data. The data
collection method used is structured non disguised questionnaire in which
the types of questions used are open ended, multiple choice and close ended.
The report contains a detailed view of the tasks, which have been undertaken
to analyze the market of COCA COLA. Various sets of questionnaire have
been prepared to know the PREFERENCES of consumers about the COCA
COLA. Some of the research areas are Delhi, Ghaziabad. This project
reveals one of the important findings like more and more displays of the
window hiring and can be given to the retail outlets as it has been said that
“JItna Dikhega Utna Bikega”. To increase its consumption, more schemes
like ‘Seasonal Schemes’ and other schemes can be given to the consumers.
A detailed survey of the consumers was carried to find out their preferences
for COCA COLA. The details of the methodology are stated below.
Types of questions used open ended, multiple choice and close ended.
Sampling method is random sampling.
In this study I found that most of the consumers prefer PEPSI as their 1st
preference and then COCA COLA.
5
LITERATURE REVIEW:
The purpose of this paper is the study of factors responsible for brand
preference in fmcg products, increasing competition, more due to
globalization, is motivating many companies to base their strategies almost
entirely on building brands. Brand preference means to compare the
different brands and opt for the most preferred brand. This brand preference
is influenced by various factors.
According to this study many factors were find out for preferring a brand
like
Brand persona
Brand constancy
Brand loftiness
Brand value.
In the identification of factors affecting the brand preference, it was
concluded that brand persona is the most effective factor that affects the
brand preference. This brand persona deals with the personality aspects or
the external attributes of brand, thus it can be said that consumer prefer any
brand by looking at the external attributes of a brand.
-journal of ims vol 5 no.1, jan-june 2008
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2-Colour and flavour rule consumer preferences: Study
The intensity of colour and the flavour are the key drivers behind consumer
acceptance of beverages, says a new study involving DANONE. But
packaging and labelling are not as important for winning over
consumers, according to findings published in the journal Food
Quality and Preference, The study involved consumers at different
stages of development and highlights the importance of adopting a
“sensory marketing approach,” said the researchers from French
research organisation Adriant, the University of Rennes 1,
DANONE R&D, and Institute Paul Bocuse.
“Companies need to continuously innovate to maintain market leadership,”
wrote the researchers. “When the market is overloaded the challenge
consists in creating innovative products able to attract and satisfy
consumers.” “This experiment showed the feasibility of the proposed multi-
sensory design method based on mixed qualitative and quantitative
approaches.” The study also demonstrates the importance of flavour and
colour selection for new products.
The global flavours market was been valued at some US$18bn in 2006
(Business Insights). Meanwhile, the value of the international colourings
market was estimated at around $1.15bn in 2007 (€731m), up 2.5 per cent
from $1.07bn (680m) in 2004, according to Leatherhead Food International
(LFI). Natural colours now make up 31 per cent of the colourings market,
compared with 40 per cent for synthetics, according to LFI.
Bombarding the senses
By choosing to formulate a new beverage, the researchers noted that the new
product would need to be differentiated by improving the sensory
characteristics.
Four factors were identified for the formulation: four colour intensities),
three flavourings, two label types (soft versus hard), and two pack sizes
(standard versus oversize). By using both quantitative (hedonic testing) and
qualitative (focus groups) approaches, the researchers found that “the main
factors which drive consumer preference for this concept are colour intensity
and flavouring”. Indeed, colour intensity accounted for 43 per cent and
flavour 32 per cent of the consumers’ overall liking. “Pack size and label
type are taken into account by the consumer to a lesser extend,” they added.
7
“This methodology of a qualitative screening associated to a conjoint
analysis on relevant sensory attributes has shown good performances to fit
consumers’ expectation: it has now to be reproduced, as every brand,
concept and product is a unique combination designed for a specific
consumer group,” concluded the researchers
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4- PAIRED PREFERENCE TESTS USING PLACEBO PAIRS AND
DIFFERENT RESPONSE OPTIONS FOR Cola Drinks, ORANGE
JUICES
ABSTRACT
Preference tests were performed for varieties of cola drinks, orange juices
and using three response protocols: the traditional paired preference test with
the "no preference" option, a 9-point hedonic scale and a 6-point hybrid
hedonic/purchase intent scale. The different stimuli to be assessed were
presented in pairs, but putatively identical stimuli were also presented as a
"placebo" pair. Performance on the placebo pair with identical stimuli
provided a measure of the hidden demand characteristics of the test protocol.
The presentation of the different pairs provided a measure of preference
accompanied by such hidden demand effects. Comparison between the two
allowed a better measure of preference per se. The order of presentation of
the identical and different pairs did show occasional slight evidence of
contrast effects. For the placebo "identical" pairs, a majority of consumers
reported false preferences. Liking questions with the hedonic and hybrid
scales elicited fewer false preferences than preference questions with the
paired preference protocol. Yet, the effects tended to be slight. The 6-point
hedonic/purchase intent scale exhibited the fewest false preferences in the
placebo condition, and this was because of its fewer categories rather than
any cognitive strategy change elicited by its different labels.
Source-Davis Woman’s
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5-“consumer awareness and consumption pattern of food products”
This paper aims to investigate the degree of brand awareness of various
food products in relation to background and education of the household, the
consumption pattern of various food products consumed by respondents in
the light of their areas, income levels and education. a sample of200
respondents comprising 100 form rural area and 100 from urban area were
taken. Data are analyzed with the help of mean.SD,co –efficient of variance-
test and f-test.
The finding of this study reveals that there is low degree of brand awareness
in rural areas, whereas there is a moderate degree of brand awareness in
urban India. The highly educated rural and urban respondents have high
degree of brand awareness for many food products, and the less educated
rural and urban respondents have low degree of brand awareness for many
food products.
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COMPANY
PROFILE
11
COMPANY PROFILE
Mr. Daft is the 11th chairman of the Board in the history of the Company.
Mr. Daft, 60, joined the Company in 1969 as planning officer in the Sydney,
throughout Asia and in 1982 was named vice president of Coca-Cola Far
East Ltd.
In December 1988, Mr. Daft was named president of the North Pacific
Beverage Division, as well as the Middle and Far East Group. Mr. Daft was
Banks, the Boys & Girls Clubs of America, Catalyst, the CERGE-EI
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Management and International Studies at the University of Pennsylvania,
Commerce, the G100, the Woodruff Arts Center, the Commerce Club, and
the American Assembly and the Center for Strategic & International Studies.
and The Business Round table. Mr. Daft received a bachelor's degree in
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HISTORY OF COLA
The cola industry has phenomenal possibilities for rocketing profit growth
means extinguished the coca. Cola have a status symbol to it..., generated by
Total soft drink segment is growing at the rate of 10% per year still if
serving in rock bottom, less than even our neighbors’ Pakistan and
1992 the plant was established for is deducted then the bottle are taken out
The most important step is the mixing of drink concentrate dissolved in the
soft water the sugar syrup at the same time. Carbon dioxide is passed in the
drink to produce a fizz.After the crowing of the bottle the crown contains the
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PRODUCT PROFILE
15
Flavour Ingredients Pack Product Company
Cola Cola Flavour 200Ml. Coke, Coca-Coal
carbonated water 300Ml. Thumsup
sugar 500Ml.
1 Litre
1.5 Litre Pepsi Pepsi
2 Litre
Orange Orange Flavour + 200Ml. Fanta Coca-Cola
Carbonated 300Ml.
Water+ Sugar 500Ml.
1 Litre
1.5 Litre Mirinda Pepsi
2 Litre
Fruit Juice Mango Pulp+ 250 ML Maaza Coca-Cola
Treated water+
sugar Slice Pepsi
Cloudy Lemon Flavour + 200Ml. Limca Coca-Cola
Lemon Carbonated 300Ml.
Water+ Sugar 500Ml.
1 Litre
1.5 Litre Mirinda Lemon Pepsi
2 Litre
Clear Lemon Flavour+ 200Ml. Sprite Coca-Cola
Lemon Carbonated Water 300Ml.
+ Sugar 500Ml.
1 Litre 7’Up
1.5 Litre Dew Pepsi
2 Litre
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INTRODUCTION OF RESEARCH
WORK
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INTRODUCTION OF THE RESEARCH WORK
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OBJECTIVE OF THE STUDY
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RESEARCH METHODOLOGY
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ANALYSIS AND
FINDINGS
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m a le
49% 5 1%
fe m a le
Fig 1
Table1
INTERPRETATION
Out of 50 consumers, 51% are males and only 49% are females.
22
3%
13%
34% BELOW 15
16-25
22% 26-35
36-45
46 & ABOVE
28%
Fig2
INTREPRETATION
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3. OCCUPATION OF THE CONSUMER?
Valid Cumulative
Frequency Percent Percent Percent
Valid Professional 7 13.0 13.0 18.0
Businessma
4 9.0 9.0 22.0
n
Service 13 26.0 26.0 48.0
Student 25 49.0 49.0 97.0
Any other 2 3.0 3.0 100.0
Total 50 100.0 100.0 100.0
Table2
3% 13%
9% P ROFE S S IONA L
B US INE S S M A N
S E RV ICE M A N
49%
S TUDE NTS
26% A NY OTHE R
Fig3
24
DRINKS ?
Table 3
3%
yes
no
97%
Fig4
INTERPRETATION
25
Frequency Percent Valid Percent Cumulative Percent
Valid COKE
10 18.8 18.8 18.8
PEPSI
9 17.75 17.75 36.55
7 UP
6 12 12 48.55
SPRITE
5 11.12 11.12 59.67
FANTA
4 8.6 8.6 68.27
MAZZA
4 8.3 8.3 76.57
Table4
19%
23%
COKE
PEPSI
7 UP
SPRITE
8% 18% FANTA
MAZZA
9% THUMSUP
11% 12%
Fig5
INTERPRETATION
19% respondents prefer COKE, 18% prefer PEPSI, 12% 7UP, 11 % of them
preferSPRITE, 9%FANTA, 8% prefer MAZZA, and 23% prefer
THUMSUP.
6. REASON TO PURCHASE COCA COLA DRINKS?
26
Frequenc Valid Cumulative
y Percent Percent Percent
Valid Brand name 10 20.0 20.0 20.0
Taste 12 25.0 25.0 45.0
Brand
4 8.0 8.0 53.0
ambassador
Packaging 5 10.0 10.0 63.0
Easy
9 16.0 16.0 79.0
avialability
Price 10 20.0 20.0 99.0
Any other 8 1.0 1.0 100.0
Total 50 100.0 100.0
Table 5
TASTE
8% 1% BRAND NAME
25%
11%
PACKAGING
PRICE
15%
BRAND
20% AMBASSADOR
EASY
20% AVIALABILITY
ANY OTHER
Fig6
INTERPRETATION
25%people purchase COLD DRINKS because of TASTE,
20% people purchase COLD DRINKS because of BRAND NAME,
20% people purchase COLD DRINKS because of PACKAGING,
15% people purchase COLD DRINKS because of PRICE ,
11% people purchase COLD DRINKS because of BRAND
AMBASSADOR
8%people purchase COLD DRINKS because of EASY AVILABILITY
1%people purchase COLD DRINKS because of ANY OTHER REASON
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7. PEOPLE HAVE SEEN THE ADVERTISEMENT
OF COLD DRINKS
Table 6
2%
yes
no
98%
Fig7
INTERPRERTATION
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8. ADVERTISEMENT PEOPLE REMEMBER THE
MOST?
Table 7
23% 23%
COKE
PEPSI
7 UP
SPRITE
10% FANTA
MAZZA
4% 23% THUMSUP
6%
11%
Fig8
27% people remember the advertisement of COKE
28% people remember the advertisement of PEPSI
16% people remember the advertisement of 7UP
21% people remember the advertisement of SPRITE
04% people remember the advertisement of FANTA
03%people remember the advertisement of MAZZA
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9. REASON TO REMEMBER THE
ADVERTISEMENT?
Table 8
CREATIVITY
15% BRAND
24% AMBASSADOR
IDEA OF
DELIVERING THE
25% MESSAGE
FREQUENCY OF
25% ADD
11%
LOGICAL
REASON
Fig9
24% people remember the advertisement because of CREATIVITY.
25% people remember the advertisement because of BRAND
AMBASSADOR
11% people remember the advertisement because of THEIR IDEA OF
DELIVERING THE MESSAGE.
25%people remember the advertisement because of FREQUENCY OF
ADD.15% people remember the adverisement because of LOGICAL
REASON.
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COLA DRINK PEOPLE BUY
1. CHI-SQUARE TEST
connections
Connections
Chi-Square(a) 447.260
Df 6
Asymp. Sig. .000
Table 1
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HO-there is no significance difference between the preferences of
consumers regarding the COLD DRINKS
H1-there is a significance difference between the preferences of
consumers regarding the COLD DRINKS
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ADVERTISEMENT PEOPLE REMEMBER THE
MOST
2. CHI-SQUARE TEST
ADVERTISEMENT
Observed Expected
N N Residual
COKE 13 133.3 -45.3
PEPSI 12 133.3 -67.3
7 UP 5 133.3 30.7
SPRITE 4 133.3 -9.3
FANTA 3 133.3 75.7
MAZZA 8 133.3 15.7
5
THUMSUP
Total 50
Table 11
Test Statistics
Connections
Chi-Square(a) 101.905
Df 5
Asymp. Sig. .000
a 0 cells (.0%) have expected frequencies less than 5. The
minimum expected cell frequency is 133.3.
Table 12
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HO-there is no significance difference between the advertisements
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REASON TO PURCHASE A COLD DRINK.
3. FRIEDMAN TEST
Ranks
Mean Rank
Packaging
5.11
Brand
6.00
Taste
6.90
Easy avialability
2.00
Ambassador
3.00
Price
3.99
Other
1.01
Table 13
Test Statistics(a)
N
50
Chi-Square
308.549
Df
6
Asymp. Sig.
.000
35
H0- there is no significance difference between all the factors.
H1-there is a significance difference between all the factors.
In this case as
The mean rank of taste IS 6.90 MEANS most of the consumers
purchase drinks because the taste.
THE SEQUENCE OF
TASTE
BRAND NAME
PACKAGING
PRICE
BRAND AMBASSADOR
EASY AVIALABILITY
ANY OTHER
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REASON TO REMEMBER THE ADVERTISEMENT
4. Friedman Test
Ranks
Mean Rank
Creativity
3.91
Brand ambassador
4.23
Idea of message
1.10
Frequency of add
4.62
Logical reason
2.43
Table 15
Test Statistics(a)
N
50
Chi-Square
302.647
Df
6
Asymp. Sig.
.003
37
H0- there is no significance difference between all the factors TO
REMEMBER THE ADVERTISEMENT.
H1-there is a significance difference between all the factors
TO REMEMBER THE ADVERTISEMENT
AND the mean rank for idea of delivering the message is 1.10
THAT means CONSUMERS don’t care about the idea of
delivering the message.
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MAJOR FINDINGS
1. Out of 50 consumers, 51% are males and only 49% are females.
4. Out of 50 respondents, 97% of consumers buy cold drinks and only 3%of
them do not buy.
5.19% respondents prefer coke, 18% prefer pepsi, 12% 7up, 11 % of them
prefersprite, 9%fanta, 8% prefer mazza, and 23% prefer thumsup
7. Out of 50 consumers 98% have seen the advertisement and only 2% have
not seen the advertisement of any chips
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SUGGESTIONS
On the basis of above study following suggestions can be
given:
The company should focus to bring some more flavours and variety of
schemes rather then bring second and repeat same old one. It is
always better to be first than being better.
The company must be aware of and keep at least the latest knowledge
of its primary competitors in market and try to make a perfect
anticipated efforts to meet the same
The company should also use time to time some more and new
attractive system of word of mouth advertisement to keep alive the
general awareness in the whole market as a whole.
The market and try to solve it without any delay to establish its own
good credibility..
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For their advertisement they can also introduce a brand ambassador,
because most of the consumers remember advertisement because of
their brand ambassador.
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LIMITATIONS OF THE STUDY
The responses may vary as some people did not want to come
up with real answers.
The people were busy in their own work so they might not
have given actual responses..
Limitation of time.
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CONCLUSION
During the course of the project I realized that the customer
willingly answered the closed end questions.
From the analysis of the data collected and from the experiences I
have reached the following conclusions:
COKE is most popular amongst its users mainly because of its
TASTE, BRAND NAME, INNOVATIVENESS Thus it should
focus on good taste so that it can capture the major part of the
market. But most of the consumers prefer THUMSUP as their 1st
preference, then COKE
We come to the conclusion that visibility affects the sales of
project in a very special way. And in terms of the advertisements
lays is lacking behined,.mostly consumers remember the
advertisement because of the frequency of add and brand
ambassadors ,creativity.
After acquiring a new customer, there is lot of importance of its
retention also. This can be done only by providing extra flavors
and good taste
In today’s scenario, customer is the king because he has got
various choices around him. If you are not capable of providing
him the desired result he will definitely switch over to the other
provider. Therefore to survive in this cutthroat competition, you
need to be the best. Customer is no more loyal in today’s scenario,
so you need to be always on your toes.
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BIBLIOGRAPHY
TEXT BOOKS:
Methods”
4 p’s
Eonomic Times
WEBSITES:www.Coca cola.com
www.pepsi.com
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ANNEXURE
QUESTIONNAIRE
1.NAME: ………………………………..
ADDRESS ……………………………
2.OCCUPATION :
PROFESSIONAL
BUSINESSMAN
SERVICE
STUDENT
ANY OTHER
3. AGE :
15-20 21-35
36-45 46-55
55 AND ABOVE
Yes No
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5. Which cola drink do you prefer most?
COKE
PEPSI
7UP
SPRITE
FANTA
MAZA THUMSUP
BRAND NAME
TASTE
EASY AVAILABILITY
PACKAGING
PRICE
BRAND AMBASSADOR
ANY OTHER (PLEASE SPECIFY)
Yes No
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8. Advertisement of which Cola drinks do you remembers the
most?
COKE
PEPSI
7 UP
SPRITE
FANTA
MAZZA
THUMSUP
CREATIVITY
BRAND AMBASSADOR
IDEA OF DELIVERING THE MESSAGE
FREQUENCY OF ADD
LOGICAL REASON
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10. Have you decided to purchase any connection after
watching the advertisement?
Yes No
ANY SUGGESTIONS:::::::::::::
……………………………………………………………………
…………………………………………
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