"To Study Marketing Strategies of Bisleri
"To Study Marketing Strategies of Bisleri
"To Study Marketing Strategies of Bisleri
Introduction of Industry
Since we never consider these things as necessity and especially when we are paying for natural resource like water which is available freely. The bottled water market has recently seen growth; the reason behind this may be the growing health consciousness among Indians or non-availability of pure drinking water. Most of the users are daily travelers, patients or it is used in parties/seminars. Moreover 30% of the whole mineral water customers are travelers. When governments spoke about providing drinking water to all, little did one imagine that MNCs would package it and sell it to us. The advent of the small bottles has increased consumption. Buying water near the bus stop or at the railway station has become a routine. Indian water market has many companies selling water, on an whole there are more than 300 big & small players in the market some of the big players are Bisleri, Aquafina, Kinley, Purelife, Mcdowell etc. these companies are dealing in same market, same price & also same capacity. Bisleri is owned by Parle group, Aquafina is owned by Pepsi, Kinley is owned by Coke, Nestle has Purelife. But some small players also have sufficient market share in their local market, like prime, silver drop, royal fresh are very popular in the congested region.
COMPANY BISLERI
PROFILE
OF
In 1967, Bisleri an Italian company, started by Signer Felice Bisleri, first brought the idea of selling bottled water in India. It started a company called Bisleri India. In 1969, Ramesh Chauhan, the Chairman of Parle Exports, bought over the brand. In those days, Bisleri packaged drinking water was available in glass bottles. Being a returnable package owing to various other problems such as breakage and weight, in 1972-73, Bisleri was made available in PVC (Poly Vinyl Chloride) bottles. After this plastic packaging was introduced, things started to change, and sales increased rapidly.
Research Design
A research design is purely and simply the framework or plan for a study that guides the collection and analysis of data. The Survey Research was used in this project, because Retailers and consumers feedback was necessary for obtaining the data. Starting a research project needs a basic preparation regarding the issues related to the topic selected. For this one needs to do some deskwork. Deskwork includes: Determining the basic objectives of the study undertaken. Collection of secondary data related to the topic from Internet, magazines & newspapers. Study the market, which one wants to cover. Analyze the objective on the basis of information collected by secondary data. All the above activities at the initial stage of the project must be completed & then the main part follows.
Data sources
a) Primary data: These are those data which are collected afresh and for the first time, and thus happen to be original in character. I will be using the structured questioners. b) Secondary data: These are those which have already been collected by someone else and which have already been passed through the statistical process. I will collect it from the sources like internet, published data etc. Population of the study People from Panipat region will be included in the population. Sample Size: I took 100 consumers and 35 retailers as my respondents. They were selected by random sampling method because in this case systematic sampling is not possible since one cannot say whether a person is using mineral water or not. .
Sampling Technique
Random sampling technique will be used in this research project. Research Instrument For doing the survey research, structured questionnaire with both open-ended and closed-ended questions was used. Mode of Survey The mode of survey was personal interview with the retailers and consumers during the filling up of the questionnaires.
% Of Consumer Preference
60%
20% 12% 8%
Kinley
Aquafina
Others
Nos. Of Brands
According to the survey conducted in Delhi & its Ncr it was analyzed that 60% of the users go for Bisleri Water and 20% for Kinley while there are still 8% of the respondents who are for other packaged drinking water.
Always 28%
Often 27%
Sometimes 34%
Never 9%
Very Often 2%
HYPOTHESIS TESTING Step1: State Hypothesis: Ho: Larger Proportion of people always use mineral water. Ha: Larger Proportion of people go for an occasional use of mineral water. Step2: state the rejection criterion DF=5-1=4 At alpha .05 and 4 degrees of freedom, the critical value from the chi square distribution table is
57%
20%
4% indifferent
0%
Strongly agree
57% respondents agree to the fact with 10%, who strongly agree while 5% of the respondents disagree to the fact while 4% strongly disagree, while 4% consumers were indifferent towards it.
HYPOTHESIS TESTING Step1: State Hypothesis: Ho: People prefer soft drink when thirsty. Ha: People like to have mineral water in a thirst condition.
OF
Brands 0-2 3-5 6-10
MINERAL
WATER
Respondents 40% 50% 10% 0
AMONG
10 and above
60%
ll
HYPOTHESIS TESTING Step1: State Hypothesis: Ho: People are aware of all the brands of mineral water. Ha: People are not aware of all the brands of mineral water.
Advertised 35%
Non-Advertised 5%
Both 60%
70%
% Of Retailers
60% 50%
40%
30% 20% 10% 0%
Advertised
Non-Advertised
Both
Types Of Brands
According to survey, 35% of retailer go in for advertised products and non-advertised products do not have any weight Around 60% retailer believe in the combination of both (advertised and non-advertised version). The survey was based on retailers.
CONCLUSION
After analysis of the data & facts we have collected from consumer & the retailers & matching them with the objectives one can say that there is very good future for mineral water market.
Soft drink market might be some threat to the mineral water at present but within few years
the scenario is going to change. Trend signifying increasing health consciousness amongst Indians could also be observed. Market has seen a tremendous growth from the early nineties & now it is increasing by 70% to 90% every year so one can easily say there is great potential in the mineral water market.3 It could also be observed that the living standards of the People improving & as they are becoming health conscious are ready to pay for water now. On the question of survival of so
many companies government has made policies & restrictions from April 2001 which will force
many manufactures to shut down their factories. But due to potential in the market companies with quality product will survive. Finally from the data collected at both primary and secondary level one can confidently say that Bisleri as packaged water brand is the current market leader.
BIBLIOGRAPHY
MAGAZINES Business World (Issue 04-10 Dec, 2007) A & M (Issue Jan 2008) Business India (Issue 11-17 Dec, 2007) BOOKS Philip Kotler, Marketing Management (9th edition) S H.W. Boyd, R. Westfall and S.F. Stasch, Marketing Research- Text and Cases (7th Edition) Richard Tedlow, New and Improved: The Story of Mass Marketing in America C.R. Kothari, Research Methodology (2nd Edition) Britannica Encyclopedia OTHERS Cable Network Internet en.wikipedia.org/wiki/Bisleri www.finewaters.com/Bottled_Water/India/Bisleri.asp www.bisleri.com/