A Study On The Brand Awareness and Consumer Satisfaction Towards Sunfeast Biscuits in Erode District
A Study On The Brand Awareness and Consumer Satisfaction Towards Sunfeast Biscuits in Erode District
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ABSTRACT
INTRODUCTION
In the present Century we can visualize sea changes in the global economy. Day by day
the purchasing power of people is increasing at tremendous pace. The choice of purchase is
innumerable as thousands of companies are introducing newer products day by day. To cope
with this situation people keep on acquiring knowledge regarding the products, prices and
substitutes.
This entire means that old business road maps cannot be trusted. Companies are learning
that, it is hard to build a reputation and easy to loose it. Companies that focus inward become by
blind to seismic changes in market, competition, distribution, media, and technology that are
occurring outside. Mass markets are gragmenting in to micro markets; multiple channels of
distribution are replacing single channels. Customers are buying directly through Catalogues,
Telemarketing and Internet. Price discounting and sales promotion are eroding brand loyalty.
These and other changes make the company to reexamine and sometimes reverse the very
premises on which they built their business. In order to alive in the market, companies have
started to consider various ways and means like developing a new market either for a new
product or for an old market, segmenting the total market and targeting the untouched or most
profitable segment, encouraging consumers to consume more in one occasion, converting non
use into user. Biscuits, in India, saw a moderate increase in retail sales of over 8% in 2018,
which is at par with 7.8% CAGR from 2012 – 2017
STATEMENT OF PROBLEM
The growing maturity of this product category and shift in consumer preferences could be
the possible factors for slow-to-moderate growth of the product categories. Premiumization and
healthier product options are the megatrends observed in the market among working population
and young adults in the country which could be the key target audience for biscuit suppliers.
Pocket-friendly packs, availability across channels, aggressive promotion strategies and
maintaining efficient supply-chain are few of the prominent focus areas for players operating in
the market. However, biscuits manufacturers are poised to witness some major challenges and
problems while selecting brand by consumers. So this study is very vital for selection of brand
preference of biscuits.
To analyse the Brand Awareness of Sunfeast Biscuits among the consumers in Erode
district.
SECONDARY OBJECTIVES
The study concentrated on the awareness of various brands of biscuits by consumers and
their satisfaction towards various brands. The area of study is Erode District. The study is
mainly concerned with the consumer satisfaction towards Sunfeast biscuits and the level of
consumer awareness and perception. The study also points out various suggestions for the
improvement of sales in the region.
An indispensable factor that limits the project is time. Time is too short for the detailed
study in this field.
Prejudices of the consumers may influence the data, which are taken from them through
questionnaires.
Some respondents may have given false data. The culture, demography, and perception
of the respondents is different from place to place.
RESEARCH METHODOLOGY
The source of primary data for the study from the consumers. Survey Method was used
to collect the required data. Due to time constraint, Survey was limited to Erode District. Non-
probability sampling is that sampling procedure which does not afford any basis for estimating
the probability that each item in the population has of being included in the sample.
Sampling Size
o Percentage analysis
o Weighted average
o Ranking
o Chi-square test
BRAND PERCENTAGE
1. Britannia Biscuits. 99
2. Parle Biscuits. 90
3. Sunfeast Biscuits. 76
4. Anmol Biscuits. 57
5. Unibic Biscuits. 48
6. Cremica Biscuits. 40
7. Priya Gold Biscuits. 52
8. Patanjali Biscuits. 44
9. Dukes biscuits 58
10. Mcvities 18
INFERENCE
Among the respondents they are aware of britannia biscuits at 99%. The next come parle
with 90% and sunfeast with 76%. The awareness of other brands such as dukes was 58%, unibic
48%, and cremica biscuits 40% and so on
ATTRIBUTES PERCENTAGE(%)
Taste 50
Flavour 12
Nutrition 8
Crisp 6
Quantity 24
Total 100
Source : Primary Data
The table shows that attributes of consumer behavior. Out of 100 respondents 50% of the
respondents are consuming biscuits for taste. Then 24% of the respondents are buying biscuits
quantity and 12% of the respondents for buying flavor.
Table 1.3 exhibits that frequency of purchase of biscuits. Out of 100 respondents 70% of
the respondents are frequently purchased parle and then 22% and 8% of the respondents are
sunfeast and Britannia.
Out of 100 respondents 80% of then purchases milk biscuit and 78% salt biscuit and 75%
marie biscuit and 70% of them purchase glucose biscuit, next comes cream biscuit 68% and
nutrition biscuit 69%.
In the opinion of respondents, the reason for purchasing a brand frequently due to quality
36%, brand image 24%, influence of advertisement 11%, and price 13%.
Out of 28 respondents the variety of Sunfeast biscuits purchased are Sunfeast-B 28.57%,
Sunfeast Wonday 21.43%, Sunfeast cream 17.86%, 10.71% of Double Hearts and Sunfeast
Marie respectively.
WEIGHTED AVERAGE
1. First, consumer is looking for those biscuits, which give offers or discounts
2. Secondly they are looking for a different variety of biscuits.
3. Third rank is given for price. It shows that consumer is not so bothered about price.
Most of the consumers consuming more biscuits if seller offers or discounts in the
product. Then they prefer variety and price of biscuits.
H1 : There is significant difference between the factors influencing the Purchase Decision.
INFERENCES:
The table value of chi-square test for 5 degree of freedom at 5% level of significance is
11.070. While comparing Calculated Value with Table Value , we find that Calculated Value
greater than Table Value Null hypothesis is rejected and Alternative hypothesis is accepted. So
there is significant relation between various factors influencing the Purchase Decision.
1. Most of the consumers look for taste i.e. 50% of consumer’s first look at the Taste of
biscuits, 24% of them looks for Quantity of biscuits, 12% of consumers prefer biscuits for
its Flavour and 18% of them prefer biscuits for its Nutrition.
2. It was found out with the help of study that among the various brands of biscuits,
Britannia biscuits are the Market Leader. Sunfeast enjoys at one of the top five positions
among various biscuits in market.
3. Consumers purchase decisions are influenced by certain things. 36% of consumers
looking first at the quality of biscuits. 24% of respondents are considering about brand
image. 13% of respondents look for price and 11% of consumer considering advertisment
before purchase.
4. Consumers also purchases the other varieties of Sunfeast biscuits i.e. 8% of consumers
prefer Sunfeast Milk, 6% of them prefer Sunfeast Darkfantasy, and 5% of them prefer
Sunfeast Bounce Cream biscuits and 3% of consumers preferring Sunfeast Marie and
Mom Magic.
5. Among the respondents Britannia obtain first rank.
1. Customers are the kings of the market. They have so many substitutes for each and every
product. In order to satisfy them always ensure the quality and taste of the product.
2. Introduce super family packs to attract families.
3. It is seen that purchase is more influenced by advertisement than any other factor. So
advertisement focusing specified qualities will help market improvement. Most of the
respondents have the opinion that in advertisements of children influences people more.
It is also clear that TV advertisement influence the consumers much. So the company
should focus on this area. Necessary steps must be taken in this regard.
4. Availability of Sunfeast biscuits is compartively low in the area where study has been
conducted. Availability should be increased to an extent of at least 65%.
5. Price should be kept steady as far as possible and it should be same in all shops and in all
places.
6. Coupons and gifts offered along with the packet should be given without any delay.
7. Quality of the biscuit must be maintained in each and every stock.
8. The Biscuit packs should be designed in an attractive manner.
9. In order to attract the children, cartoon stickers (or) tattoos should be offered freely.
10. Customer schemes should be more to attract those customers who are hesitant to try it for
the first time. More schemes should be introduced to survive in the competitive situation.
11. According customers innovative and effective advertisement campaign should be
launched, it includes.
A. Wall and Shop Paintings.
B. Big Hoarding at the entrance of town and cities.
C. Signboards at the back of the buses and autos.
D. Electronic display board.
E. Introducing a brand ambassador for the product. (E.g. Film Stars)
CONCLUSION
The study on Sunfeast Biscuits is to evaluate the brand awareness of the consumers and
their satisfaction towards the product. The survey was held separately for consumers for getting
the clear picture of the market with the brand image, consumer preferences, consumer
perception, and their attitude towards different aspects of the Sunfeast biscuits. Sunfeast is one
of the top five positions, behind Britannia, Parle and Dukes in all fields. It is evident from the
study that proper and organized effort to market Sunfeast is needed. Sunfeast has to compete
with its competitors in a professional way. It is exploring its potential market. So a change in
strategy and sincere effort to improve the strategy is necessary. By adopting better
advertisements, maintenance of the quality level and more schemes to the consumers, Sunfeast
can get a very good position. So with these views in mind, the company should go in future.
BIBLIOGRAPHY
1. Philip Kotler, Marketing Management, New Delhi, Prentice- Hall India private
limited, 2000.
2. Dr.D.D.Sharma, Marketing Research, New Delhi, Sultan Chad & Sons publishers,
2000.
3. P.R.Vital, Business Mathematics and Statistics, Chennai, Margham Publications,
2001.
4. R.S.N.Pillai and Bagavathi, Modern Marketing, New Delhi, S.Chand & Company
Ltd, 2001.
5. C.R.Kothari, Research Methodology, New Delhi, Wishwa Prakashan, 2001.