1.1introduction of The Study: Relationship and Network
1.1introduction of The Study: Relationship and Network
INTRODUCTION
Market refers to the set of all actual and potential buyers of the product and service. Marketing is
the delivery of customer’s satisfaction at profit. The goal of the marketing is to attract new customers
by promising superior value, and to keep current customers by delivering satisfaction. The concept of
exchange leads to the concept of the market.
A market consists of all the potential customers sharing a particular need or want who might be
willing and able to engage in exchange to satisfy the need or want. A market as the aggregate
demand of potential buyers for a product or service.
A prospect is someone whom the marketer identifies as potentially willing and able to engage in
an exchange of values. The underlining fact is no company can survive fit cannot sell its products. If
the company cannot attract customers it will be eventually forced to shut down realizing this,
orienting the company policy towards the important role of the customers is the essential
characteristics of marketing. Implementing “Marketing” means that the company strives to identify
its customers, their needs preference and buying motivations as accurately as possible so that it can
respond to them, precisely with its products, styling, packing, and servicing.
Relationship marketing is the practice of building long-term satisfying relation with key parties –
customers, suppliers, and distributors. In order to retain their long term preferences and business
relationship marketing results in strong economic, technical and social ties among parties. The
process of creating, maintaining, and an enhancing strong, value-laden relationships with customers
and other stake holders.
A marketing network consists of the company and all of its supporting shareholders, customers,
employees and other with whom it has built mutually profitable business relationships.
The function of marketing in business management has grown significantly during the last two
decades. This development has come about as a result of several factors such as technological
advances, expanding global markets, changing international environment, increasing consumer
sophistication, keen competition and the growing size and complexities of modern business.
Consumer research is essential in formulating strategies because knowledge of the factors that
influence consumer purchases can help to increase market share. The ultimate motive of all
marketing activities is to satisfy the consumer.Asenseofpsychologicalandsocio-
culturalfactorsoperatingonconsumers enables the marketers to make predictions about the
consumer’s desire to new products, price changes, promotional campaigns and their needs and
wants.
Brand is a powerful tool to attract more consumers to buy particular products. Clothing is a kind
of necessity which protects us from various climatic conditions. In addition to this basic function,
clothing can help represent our personal identity.
Owing to the increasing number of brands in clothing sector, consumers need to take serious
consideration during the buying processes. The purchasing process can be divided into pre purchase,
purchase and pos purchase. Each stage is equality important and can alter the buying decisions.
It is for the fact that the economy of our country has been in the developing stage. There are many
companies in our country and they are playing an essential role in fulfilling the needs of the
customers. Now-a-days, the customers are more dynamic. Their taste, needs and preference can the
changing as per current scenario. Hence the development of milk industry mainly depends on the
customer satisfaction.
In order to achieve steady growth in this highly competitive market, the companies should be
aware of its competitors. This study brings out the opinions, view and suggestions of customers in
buying milk. This study will give the awareness of branding and comparative analysis of milk
brands. And also this study gives us the customer’s preferences about milk brands among different
brands available in the market.
1.4 OBJECTIVES OF THE STUDY
PRIMARYOBJECTIVE
SECONDARYOBJECTIVES
To study the consumer behavior towards selected particular brands of milk and milk
products.
Toexaminethedifferencesinconsumer’sbehaviourwithsocioandeconomiccharacteristics
towards brand selection.
To identify the brand awareness, problems and level of satisfaction of the respondents
in purchasing of various brands of milk and milk products.
To give suitable suggestion to understand the consumer behavior for the betterment of
their business
1.5 RESEARCHMETHODOLGY
Research is defined as a, “scientific and systematic search for pertinent information on a specific
topic”. The purpose of research is to discover answers to questions through the application of
scientific procedures. The main aim of research is to find out the truth which is hidden and which has
not been discovered as yet.
Research Methodology
• Sources of data
There search should keep in mind two types of data while collecting data via primary data and
secondary data.
Primary data: Primary data may be described as those data that have been observed and
recorded by the researcher for the first time to their knowledge. I used the survey method
frank questionnaire with general face-to-face interaction of consumers. A questionnaire was
prepared and with the help of which the primary data has been collected.
Secondary data: These data already exist in the companies magazines. I collect the secondary data
from:-
Magazines
Journals
Internet
Annual Reports
Sample size
150 respondents were taken for the study.
Hypothesis Test
Chi- Square Analysis:
2. FORMULATION OF HYPOTHESIS:
Then we have to formulate Null hypothesis as well as alternative hypothesis on the basis of our
base assumption on research question.
3. DEGREES OF FREEDOM:
After fixing hypothesis, the degrees of freedom is calculated by using the formula, DF =(R-1) (C-1)
The expected frequency is calculated by multiplying the row total or column total and divided this
by total number of respondents for each and every observed frequency.
Then the calculated values are found out by the following formula:
χ2=∑ (O i – E i) 2
Ei
Where, O i denote observed frequency and E i denotes Expected frequency.
PERCENTAGE ANALSYIS:
Time and Cost are the factors limiting the study to a sample of 150 respondents.
Sometimes it is very difficult to get the necessary information as filling the
questionnaire required time.
The findings of this study are subject the bias and prejudice of the respondents. Hence
objectivity cannot be ensured.
The accuracy of finding is limited by the accuracy of the statistical tools used for the
analysis.
CHAPTER II
REVIEW OF LITERATURE
(Dr. S. Sivasankaran and Dr. R. Sivanesan2013) determines how far the consumers are satisfied with the over all
performance of the branded milk producers. Now the dairy industry is facing tremendous competition with many
private companies enter into this field. In order to sustain in the market by giving better service, a company should
always try to find out the satisfaction level of the consumers and should take all necessary steps and measures to retain
the customers. Today, almost all the people are consuming milk and milk products. Whereas Brand preferences of the
rural and urban consumers are differ. Some buyers are totally brand loyal, buying only one brand in a product group.
(Nidhyananth, S. Sugapriya2013) Most of the buyers switch over to other brands. D. depicts that Aavin
milk has a good reputation among the customers so it can be extended supplying product towards the
customer demand for and availability in markets must maintained for the consumer to stay in the same Aavin
brand.
(T. Ravichandran, and G. Arumugasamy 2013) the researcher indicated that the majority of the milk
consumers prefer fresh milk. There is the high demand for Arokya milk in Nagercoil town and it is a positive
sign for Local and National brands. They can promote their products by effective advertising, improved
quality and by keeping a check on the price.
(C. JothiMary 2013) said that marketing concept starts with the consumer needs and behavior in meeting
these needs. Therefore every person depends on basic needs. The real problem is to learn what a customer
takes into consideration when he chooses a particular brand. Such a study is concerned with consumer
behaviour. A consumer is not someone argue or match with the needs and satisfaction levels differ from
individual to individual and no company can satisfy the needs of consumers. Consumer oriented thinking
helps the marketer to define consumer needs from the consumer’s point of view. The present study attempts
to bring out the factors leading to the purchase behavior and perception of consumers in buying Aavin milk.
(Deepaingavale, H.MThakar2012) observed that the change in purchase decisions was due to marketing-
related factors such as availability, advertisement, product quality, and price of the products. Multinational
companies have created a brand preference for branded milk products such as branded butter, paneer, chees,
milk powder and proper market segmentation will help to manufacture these products as per the requirements
of the customers. All Companies are required to build their brands with the help of packaging, point of
purchase advertising, delivery vehicles, retail outlets, marketing communication and sponcerships etc.
Kilter (2011) defined image as "the set of beliefs, ideas, and impression that a person holds regardingan
object" (p. 273). On the other hand, Keller (1993) considered brand image as "a set of perceptions about a
brand as reflected by brand associations in consumer's memory" (p. 3).A similar definition to Keller's was
proposed by Aaker (1991), where by brand image is referred to as "a set of associations, usually organized in
some meaningful way" (p. 109).
(Solomon, 2012) This is because of the marketing concept, i. e., the idea that firms exist to satisfy
customer needs.
(Winer, 2011) Firms can satisfy those needs only to the extent that they understand their customers. For
this reason, marketing strategies must incorporate knowledge of consumer behavior into every facet of a
strategic marketing plan
Setiono (2014), According to Hsieh, Pan,), "a successful brand image enables consumers to identify the
needs that the brand satisfies and to differentiate the brand from its competitors, and consequently increases
the likelihood that consumers will purchase the brand" (p. 252).
(Andersonetal, 2013) Consumer behavior research is the scientific study of the processes consumers use
to select, secure, use and dispose of products and services that satisfy their needs. Knowledge of consumer
behavior directly affects marketing strategy.
(WatsonandSpence, 2014) The understanding of consumer behavior appeals to a set of different areas of
knowledge/factors: psychological, cultural social psychological, physio- pyschological, genetics
anthropology. One of them is the psychology since consumer behavior deals with emotions, beliefs and
attitudes. Research on emotions within marketing has evolved three approaches: the categories approach, the
dimensions approach and the cognitive appraisals approach.
A company or its product/services which constantly holds a favorable image by the public, would
definitely gain a better position in the market, sustainable competitive advantage, and increase market share
or performance (Park, Jaworski, &MacInnis, 1986). In addition, several empirical findings have confirmed
that a favorable image (i.e. brand, store/retail) will lead to loyalty (e.g. Koo, 2003; Kandampully &
Suhartanto, 2000; Nguyen & LeBlanc,1998), brand equity (Faircloth, Capella, & Alford, 2001; Biel, 1992;
Aaker, 1991; Keller, 1993), purchase behavior (Hsieh et al., 2004) and brand performance (Roth, 1995).
CHAPTER III
INDUSTRY PROFILE
Today, India is 'The Oyster' of the global dairy industry. It offers opportunities galore to entrepreneurs
worldwide, who wish to capitalize on one of the world's largest and fastest growing markets for milk and
milk products. A bagful of 'pearls' awaits the international dairy processor in India. The Indian dairy industry
is rapidly growing, trying to keep pace with the galloping progress around the world. As he expands his
overseas operations to India many profitable options await him. He may transfer technology, sign joint
ventures or use India as a sourcing centre for regional exports. The liberalization of the Indian economy
beckons to MNC's and foreign investors alike.
India’s dairy sector is expected to triple its production in the next 10 years in view of expanding potential
for export to Europe and the West. Moreover with WTO regulations expected to come into force in coming
years all the developed countries which are among big exporters today would have to withdraw the support
and subsidy to their domestic milk products sector. Also India today is the lowest cost producer of per litre of
milk in the world, at 27 cents, compared with the U.S' 63 cents, and Japan’s $2.8 dollars. Also to take
advantage of this lowest cost of milk production and increasing production in the country multinational
companies are planning to expand their activities here. Some of these milk producers have already obtained
quality standard certificates from the authorities. This will help them in marketing their products in foreign
countries in processed form.
The urban market for milk products is expected to grow at an accelerated pace of around 33% per annum
to around Rs.43,500 crores by year 2005. This growth is going to come from the
greateremphasisontheprocessedfoodssectorandalsobyincreaseintheconversionofmilk into milk products. By
2005, the value of Indian dairy produce is expected to be Rs10,00,000million. Presently the market is valued
at around Rs7,00,000mn
Background
India with 134mn cows and 125mn buffaloes, has the largest population of cattle in the world. Total
cattle population in the country as on October'00 stood at 313mn. More than fifty percent of the buffaloes and
twenty percent of the cattle in the world are found in India and most of these are milch cows and milch
buffaloes.
Indian dairy sector contributes the large share in agricultural gross domestic products. Presently there are
around 70,000 village dairy cooperatives across the country. The co-operative societies are federated into 170
district milk producers unions, which is turn has 22-state cooperative dairy federation. Milk production gives
employment to more than 72mn dairy farmers. In terms of total production, India is the leading producer of
milk in the world followed by USA. The milk production in 1999-00 is estimated at 78mn MT as compared
to 74.5mn MT in the previous year. This production is expected to increase to 81mn MT by 2000-01. Of this
total produce of 78mn cows' milk constitute 36mn MT while rest is from other cattle. While world milk
production declined by 2 per cent in the last three years, according to FAO estimates, Indian production has
increased by 4 per cent. The milk production in India accounts for more than 13% of the total world output
and 57% of total Asia's production. The top five milk producing nations in the world are India ,USA, Russia,
Germany and France.
Although milk production has grown at a fast pace during the last three decades (courtesy
Operation Flood), milk yield per animal is very low. The main reasons for the low yield are
1988-89 48.4
1989-90 51.4
1990-91 53.7
1991-92 56.3
1992-93 58.6
1993-94 61.2
1994-95 63.5
1995-96 65
1996-97 68.5
1997-98 70.8
1998-99 74.7
1999-00(E) 78.1
2000-01(T) 81.0
• E=estimated
• T=target/expected Source:DFPI,AnnualReport-1999-2000
OPERATION FLOOD
The transition of the Indian milk industry from a situation of net import to that of surplus has been
led by the efforts of National Dairy Development Board's Operation Flood. Programme under the
aegis of the former Chairman of the board Dr. Kurien.
Launched in 1970, Operation Flood has led to the modernization of India's dairy sector and
created a strong network for procurement processing and distribution of milk by the co-operative
sector. Per capita availability of milk has increased from 132 gm per day in 1950 to over 220 gm per
day in 1998. The main thrust of Operation Flood was to organize dairy cooperatives in the milkshed
areas of the village, and to link them to the four Metro cities, which are the main markets for milk.
The efforts undertaken by NDDB have not only led to enhanced production, improvement in
methods of processing and development of a strong marketing network, but have also led to the
emergence of dairying as an important source of employment and income generation in the rural
areas. It has also led to an improvement in yields, longer lactation periods, shorter calving intervals,
etc through the use of modern breeding techniques. Establishment of milk collection centers, and
chilling centers has enhanced life of raw milk and enabled minimization of wastage due to spoilage
of milk. Operation Flood has been one of the world's largest dairy development programme and
looking at the success achieved in India by adopting the co-operative route, a few other countries
have also replicated the model of India's White Revolution.
COMPANY PROFILE
The Erode District Co-operative Milk Producers’ Union Ltd, is popularly known as Erode Aavin.
Aavin is a Co-operative organization statutorily controlled by the Commissioner for Milk Production
and Dairy Development, Government of Tamilnadu. The apex body for this unit is the Tamilnadu
Co-operative Milk Producers’ Federation Ltd, Chennai.
OBJECTIVESOFTHEORGANIZATION:
The main objective of the organization is to give good remunerative price to the milk
To supply good quality milk to the consumers of Erode city at a reasonable price.
Assured, round the year procurement of milk from the farmer members of this Union .
.
PROCUREMENTANDINPUT:
The major activity of this wing is to procure milk from the farmer members of the Districts and
also to provide necessary technical input facility to them. The procurement is carried out by forming
village level Milk Producers’ Cooperative Societies.
Formation of MPCS
1. The village should not have any already existing functioning MPCS
2. Minimum required members are 50
3. 33% reservation should be given to Women in the elected board of 11 members.
4. The MPCS should be registered by Deputy Registrar (Dairying) of the concerned
District.
Procurement of MILK:
2. The poured milk is tested for its Fat and Solid Non Fat % content.
3. Based on the quantity poured and on the quality (contents of Fat % and
SNF%), payment to the producers are made.
Erode Aavin enjoys a 65% share amongst the organized sector in sachet milk sales. Marketing of milk is
carried out through 6 channels.
1. Milk Parlour : 32
3. Institutions : 49
Dairy:-
Future Plans:-
4. Introduction of Bulk Milk Cooler (BMC) concept at village level at the cost of 3 Crores.
THEORITICAL BACKGROUND OF THE STUDY
CONCEPTUAL MODEL
Retaining and cultivating customer loyalty become increasingly important for coffee outlet
marketers and operators due to the highly competitive environment. This study aims to develop and
test a model investigating how relational benefits enhance perceived value to win customer loyalty.
In addition, relational benefits also have indirect effect on loyalty via perceived value. Finally,
perceived value positively influenced customer loyalty. The findings suggest that coffee outlet
operators with a better understanding of their customers’ perceptions, and help them in developing
competitive strategies that differentiate themselves from competitors and win customer loyalty in an
aggressive market.
BRAND
Brand is the "name, term, design, symbol, or any other feature that identifies one seller's product
distinct from those of other sellers."Brands are used in business, marketing, and advertising.
BRAND IMAGE
Brand image is the current view of the customers about a brand. It is a set of beliefs held about a
specific brand. The general impression of a product held by real or potential consumers. It is a
manner in which a specific brand is positioned in the market which does not convey mental images
but also emotional values.
One of the fundamental tenets of marketing is that brand images are an important
determinant of buying behavior (Burmann 2008). The construct of brand image can be
understood as the associations external target groups have in their minds about brands. These
associations can be further divided into those concerning the functional attributes of a brand and
those concerning the symbolic attributes of a brand (Burmann 2008). Due to the importance of
brand images for the behavior of various target groups, considerable attention has been paid to
factors that possibly influence brand images. These influencing factors can be divided into three
groups: (1) determinants that originate directly from the internal brand identity and can thus be
directly influenced by brand management, (2) personal/individual determinants, for example, the
motives and experiences of those who perceive the brand, and (3) external factors, that is
determinantsthataffectthebrandimagefromoutsideandwhichcannotbedirectlyinfluencedby brand
management, for example industry image.
Cavelle (2010) suggested that the first step in creating a positive brand image is finding
out specifically how members currently perceive the association. This includes aspects like;
1) Are members satisfied with the products and services offered by their association?
3) Do members think that they can get the same or better service elsewhere?
4) Exactly what does their association provide that members feel they would not get from
another association? What is unique about this association?
CHAPTER IV
DATA ANALYSIS AND INTERPRETATION
ANALYSIS
The term analysis refers to the computation of certain measures along with searching for patterns
or relationships that exist among data groups. After collection of data, the data has to be processed
and analyzed in accordance with the outline laid down for the purpose at the time of developing the
research plan.
INTERPRETATION
Interpretation refers to the task drawing Interpretations from the collected facts after an analytical
and or experimental meaning of research findings. The task of interpretation has two major aspects:
• The effort to establish continuity in research through linking the result of a given study
with those of another.
Interpretation is essential for the simple reason that the usefulness and utility component of
research process.
I.PERCENTAGEANALYSIS
TABLE4.1
GENDEROFTHERESPONDENTS
It is inferred that 58% of the respondents are male and remaining 42% of the respondents are
Female.
Most of the respondents are male.
CHART4.1
GENDEROFTHERESPONDENTS
60
50
40
PERCENTAG
30 58%
42%
20
10
0
MALE
FEMALE
TABLE 4.2
AGEOFTHERESPONDENTS
18-25 years 37 25
25-35 years 38 25
35-45 years 47 31
45yearsand above 28 19
Total 150 100
Interpretation
It is inferred that 31% of the respondents are coming under the age group between 35-45
years, 25% of the respondents are coming under the age group between 25-35 years and 19 % of
the respondents are coming under the age group of above 45 years.
In this company most of the employees age between35-45years
CHART 4.2
30
PERCENTAG
20
31%
25% 25%
10 19%
0
18-25YEARS
25-35YEARS 35-45YEARS 45YEARSANDABOV
TABLE 4.3
40
30
PERCENTAG
20
36%
27%
24%
10
13%
0
RS.1LAKHTO3LAKHS
RS.3LAKHSTO6L RS.6LAKHSTO10L RS.10LAKHSAND
AKHS AKHS ABOVE
TABLE4.4
EDUCATIONQUALIFICATIONOFTHERESPONDENTS
HSC 40 27
UG 28 19
PG 33 22
Others 49 33
Total 150 100
INTERPRETATION
From the above table shows that 33 % of the respondents completed other categories,
27% of the respondents completed HSC, 22 % of the respondents completed PG and 19 % of the
respondents completed UG.
Most of the respondents completed other categories education.
CHART 4.4
40
30
PERCENTA
20
33%
27%
22%
10 19%
0
HSC UG
PG OTHERS
TABLE 4.5
40
30
PERCENTAG
20 39%
28%
10 18%
15%
TABLE 4.6
It is inferred that 65% of the respondents prefer Aavin milk brand, 14% of the
respondents prefer Amul, 14% of the respondents prefer Tirumala and 7% of the respondents
prefer Amul brand.
Majority of the respondents prefer Aavin milk brand.
CHART 4.6
60
PERCENTAG
40
65%
20
14% 14%
7%
0
AAVIN
AMUL AROKIA TIRUMALA
TABLE4.7
TYPEOFFACTORMAKESTOBUYPARTICULARBRAND
It is inferred that 38% of the respondents said taste is the reason to buy particular brand,
33% of the respondents said familiar, 20% of the respondents said quality, 5% of the respondents
said availability and 5% of the respondents said other categories.
Most of the respondents said taste is the reason to buy particular brand.
CHART 4.7
TYPEOFFACTORMAKESTOBUYPARTICULARBRAND
40
30
PERCENTA
20
38%
33%
10 20%
5% 5%
0
QUALITY
TASTE FAMILIAR AVAILABILITY OTHERS
TABLE 4.8
It is inferred that 51% of the respondents aware milk brands through advertisement, 25%
of the respondents aware through friends, 11% of the respondents aware about milk brands
through neighbours, 7% of the respondents aware about other categories and 5% of the
respondents aware about milk brands through TV/newspaper.
Majority of the respondents aware milk brands through advertisement.
CHART 4.8
60
50
40
PERCENTAG
30
51%
20
25%
10
11%
7%
5%
0
ADVERTISEMENT
FRIENDS NEIGHBOURS TV/NEWSPAPER OTHER
TABLE4.9
No of
Opinion Respondent Percent
s
Displaying board outside buildings wall/in MTR
63 42
stations
Radio 55 37
Newspapers 13 9
Television commercials 19 13
Total 150 100
It is inferred that 42% of the respondents said that displaying board outside buildings
wall/in MTR stations is most effective, 37% of the respondents said advertising in radio is most
effective,13%of the respondents said advertising in Television commercials is most effective and
9% of the respondents said advertising in newspaper is most effective.
Most of the respondents said that displaying board outside buildings wall/in MTR
stations is most effective.
CHART 4.9
50
40
PERCENTA
30
42%
20
37%
10
13%
9%
0
DISPLAYINGBOARDO RADIO NEWSPAPERS TELEVISIONCOMMERCIAL
UTSIDEBUILDINGSW S
ALL/INMTRSTATIONS
TABLE4.10
It is inferred that 61% of the respondents are highly satisfied about advertisement of milk
brands, 19% of the respondents are satisfied, 10% of the respondents are highly dissatisfied,7%
of the respondents are dissatisfied and 3% of the respondents are neutral opinion about
advertisement of milk brands.
Majority of the respondents are highly satisfied about advertisement of milk brands
CHART4.10
60
PERCENTAG
40
61%
20
19%
10%
7%
3%
0
HIGHLYSATISFIED
SATISFIED NEUTRAL DISSATISFIED HIGHLYDISSATISFIE
D
TABLE4.11
TYPEOFPROMOTIONALACTIVITIESATTRACTSCUSTOMERS
40
30
PERCENTA
20
37%
25%
10 19%
15%
5%
0
DISCOUNTS
EXTRAOFFER 1+1OFFER BUYTWOAND OTHERS
GETONE
TABLE4.12
It is inferred that 42% of the respondents opinion is excellent about variants of the milk
brands,26% of the respondents opinion is good,15% of the respondents opinion is poor,14% of
the respondents opinion is medium and 3% of the respondents opinion is very poor about
variants of the milk brands.
Most of the respondents opinion is excellent about variants of the milk brands.
CHART4.12
50
40
PERCENTAG
30
42%
20
26%
10
14% 15%
3%
0
EXCELLENT
GOOD MEDIUM POOR VERYPOOR
TABLE4.13
It is inferred that 41% of the respondents are satisfied about packing of milk brands,28%
of the respondents are highly satisfied,14% of the respondents are dissatisfied,12% of the
respondents have neutral opinion and 5% of the respondents are highly dissatisfied about
packing of milk brands.
Most of the respondents are satisfied about packing of milk brands.
CHART4.13
50
40
PERCENTA
30
20 41%
28%
10
14%
12%
5%
0
HIGHLYSATISFIED
SATISFIED NEUTRAL DISSATISFIED HIGHLYDISSATISFIE
D
TABLE4.14
Strongly Agree 46 31
Agree 63 42
Neutral 12 8
Disagree 21 14
Strongly Disagree 8 5
Total 150 100
INTERPRETATION
It is inferred that 42% of the respondents agree that quality is the competitive advantage
for Aavin milk, 31% of the respondents strongly agree, 14% of the respondents disagree, 8% of
the respondents have neutral opinion and 5% of the respondents strongly disagree that quality is
the competitive advantage for Aavin milk
Most of the respondents agree that quality is the competitive advantage for Aavin milk.
CHART 4.14
50
40
PERCENTAG
30
42%
20
31%
10
14%
8%
5%
0
STRONGLY
AGREE AGREE NEUTRAL DISAGREE STRONGLY
DISAGREE
TABLE 4.15
Strongly Agree 11 7
Agree 89 59
Neutral 30 20
Disagree 8 8
Strongly Disagree 12 10
Total 150 100
INTERPRETATION
It is inferred that 49% of the respondents agree that Aavin products enjoys premium
image in the market, 25% of the respondent shave neutral opinion, 9% of the respondents
strongly agree ,10 % of the respondents strongly disagree and 7% of the respondents disagree
about Aavin products enjoys premium image in the market.
Most of the respondents agree that Aavin products enjoys premium image in the market.
CHART4.15
60
50
40
PERCENTAG
30 59%
20
10 20%
7% 8%
5%
0
STRONGLY
AGREE AGREE NEUTRAL DISAGREE STRONGLY
DISAGRE
TABLE4.16
Strongly Agree 21 14
Agree 89 59
Neutral 7 5
Disagree 12 8
Strongly Disagree 21 14
Total 150 100
INTERPRETATION
It is inferred that 59% of the respondents agree that enjoys high quality compare to competitive
product, 14% of the respondents both strongly agree and strongly disagree, 8% of the respondents
disagree and 5% of the respondents have neutral opinion about enjoys high quality compare to
competitive product.
Majority of the respondents agree that enjoys high quality compare to competitive product.
CHART4.16
60
50
40
PERCENTA
30 59%
20
10
14% 14%
8%
5%
0
STRONGLY
AGREE AGREE NEUTRAL DISAGREE STRONGLY
DISAGREE
TABLE4.17
INTERPRETATION
It is inferred that 65% of the respondents agree that quality is the major factor for success
of Aavin , 15% of the respondents strongly agree, 10% of the respondents have neutral opinion
6% of the respondents strongly disagree and 4%of the respondents disagree that quality is the
major factor for success of Aavin.
Majority of the respondents agree that quality is the major factor for success of Aavin.
CHART 4.17
QUALITY IS THE MAJOR FACTOR FOR SUCCESS OF AAVIN
60
PERCENTAG
40
65%
20
15%
10%
6%
4%
0
STRONGLY AGREE NEUTRAL DISAGREE STRONGLY
AGREE DISAGREE
TABLE4.18
It is inferred that 59% of the respondents agree that Aavin products are best in all time,
15% of the respondents strongly agree, 11% of the respondents have neutral opinion and 8% of
the respondents disagree and 6% of the respondents strongly disagree that Aavin products are
best in all time.
Majority of the respondents agree that Aavin products are best in all time.
CHART4.18
50
40
PERCENTA
30 59%
20
10
15%
11%
8%
6%
0
STRONGLY
AGREE AGREE NEUTRAL DISAGREE STRONGLY
DISAGREE
TABLE4.19
INTERPRETATION
It is inferred that 39% of the respondents have neutral opinion about quality of Aavin
meet customer expectation, 31% of the respondents agree, 19% of the respondents strongly
agree, 6 % of the respondents strongly disagree and 4 % of the respondents disagree that quality
of Aavin meet customer expectation.
Most of the respondents have neutral opinion about quality of Aavin meet customer
expectation.
CHART4.19
40
30
PERCENTAG
20 39%
31%
10 19%
6%
4%
0
STRONGLY
AGREE AGREE NEUTRAL DISAGREE STRONGLY
DISAGREE
TABLE4.20
INTERPRETATION
It is inferred that 59% of the respondents agree that Aavin milk product maintain quality
standards, 15% of the respondents strongly agree,11% of the respondents have neutral opinion,
8% of the respondents disagree and 6% of the respondents strongly disagree that Aavin milk
product maintain quality standards.
Majority of the respondents agree that Aavin milk product maintain quality standards.
CHART4.20
60
50
PERCENTAG
40
30 59%
20
10
15%
11%
8%
6%
0
STRONGLY
AGREE AGREE NEUTRAL DISAGREE STRONGLY
DISAGREE
TABLE 4.21
INTERPRETATION
It is inferred that 45% of the respondents agree that packaging of products is best
comparing to other competitive brand, 26% of the respondents have neutral opinion ,15% of the
respondents strongly agree, 8% of the respondents disagree and 6% of the respondents strongly
disagree that packaging of products is best comparing to other competitive brand.
Most 45% of the respondents agree that packaging of products is best comparing to other
competitive brand.
TABLE 4.22
INTERPRETATION
It is inferred that, 44% of the respondents says that they are using Aavin brands for 2-4
years,36%of the respondents says that they are using Aavin brands for 4-6 years,11% of the
respondents says that they are using more than 6 years and 9% of the respondents says that they
are using Aavin brands for 1-2 years.
Most of the respondents says that they are using Aavin brandsfor2-4years
TABLE4.23
No of
Opinion Percent
Respondents
Its brand of Milk &M ilk allied
45 30
product
It produces quality products 68 45
Nothing comes to mind 37 25
Total 150 100
INTERPRETATION
It is inferred that 45% of the respondents said when think of Aavin come to mind is its
produces quality products ,30% of the respondents said its brand of Milk & Milk allied product
and 25% of the respondents said when think of Aavin nothing comes to mind.
Most of the respondents said when think of Aavin come to mind is its produces quality
products.
TABLE4.24
Hypothesis
H0= There is no significant difference between Preference of milk brand Knowledge about
the milk brands
H1=There is significant difference between Preference of milk brand Knowledge about the
milk brands
TABLE4.25
Cross tabulation
Preference of
milk brand Knowledge about the milk brands Total
Advertisement Friends Neighbours TV/newspaper Others
Aavin 47 28 12 2 9 98
Amul 14 2 0 3 2 21
Arokia 4 2 3 1 0 10
Tirumala 12 5 2 2 0 21
Total 77 37 17 8 11 150
INTERPRETATION
Since the calculated value is 22.478 which is greater than table value 18.923 at 12 degrees of
freedom and 5 % level of significance, we accept the alternate hypothesis. Hence we infer there
is significant association between preference of milk brand Knowledge about the milk brands.
TABLE4.26
INTERPRETATION
From the table, we infer that expiry date of Aavin accounts first with weighted average of
3.873, quantity accounts second with weighted average of 3.866, quality accounts third with
weighted average of 3.81, taste accounts fourth with weighted average of 3.44, and customer
offer fifth with weighted average of 3.13.
TABLE4.27
WEIGHTEDAVERAGEFORSATISFACTIONLEVELOFAROKIA
INTEPRETATION
From the table we infer that quality of Arokia milk accounts first with weighted average
of 4.88, expiry date accounts second with weighted average of 3.59, customer offer accounts
thirds with weighted of 3.44, taste accounts fifth with weighted average of 3.22,quantity
accounts fifth with weighted average of 2.73.
TABLE4.28
INTERPRETATION
From the table, quality of Amul ranks first with weighted average 2.63, taste ranks
second with weighted average 2.62, customer offer ranks third with weighted average with 2.60,
quantity ranks fourth with weighted average 2.56and expiry date ranks fifth with weighted
average 2.50.
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TABLE4.29
Interpretation
From the table quality of Tirumala milk ranks first with weighted average 2.55,
customer offer ranks second with weighted average 2.25, expiry date ranks third with weighted
average with 2.11, taste ranks fourth with weighted average 2.10 and quantity ranks fifth with
weighted average 2.06.
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TABLE4.30
Weighted
Weighted average Total
Factors average
5 4 3 2 1
Prefer to milk if 15 30 25 20 60
even prices are 370 2.46
75 120 75 40 60
high
Offers influence 15 60 10 10 55
420 2.80
To buy 75 240 30 20 55
Credit sales are 20 55 10 10 55
100 220 30 20 55 425 2.83
Offered
Interpretation
From the table, credit sales are offered Aavin ranks first with weighted average 2.83, offers influence to
buy ranks second with weighted average with 2.80 and prefer to milk if even prices are high ranks third with
weighted average 2.46
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CHAPTER V
5.1 FINDINGS
Most 31% of the respondents are coming under the age group between 35-45 years
Most38% of the respondents said taste is the reason to buy particular brand
Majority 61% of the respondents are highly satisfied about advertisement of milk brands,
Most 37% of the respondents said discounts is the promotional activity attracts customers
Most 42% of the respondents opinion is excellent about variants of the milk brands
Most 41% of the respondents are satisfied about packing of milk brands
Most 42% of the respondents agree that quality is the competitive advantage for Aavin milk
Most 49% of the respondents agree that Aavin products enjoys premium image in the
market
Majority 59% of the respondents agree that enjoys high quality compare to competitive
product
Majority65%oftherespondentsagreethatqualityisthemajorfactorforsuccessof Aavin
Majority 59% of the respondents agree that Aavin products are best in all time
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Most 39 % of the respondents have neutral opinion about quality of Aavin meet customer
expectation
Majority 59 % of the respondents agree that Aavin milk product maintain quality standards
Most 45% of the respondents agree that packaging of products is best comparing to other
competitive brand
Most44% of the respondents says that they are using Aavin brands for 2-4 years
Most45% of the respondents said when think of Aavin come to mind is its produces quality
products
Most37% of the respondents said taste is the factor to buy the Aavin
There is significant association between preference of milk brand Knowledge about the
milk brands
Arokia credit sales are offered ranks first with weighted average3.59
Amul offers influence to buy ranks second with weighted average with3.44
5.2 SUGGESTIONS
The company should take more attention on advertisements to make the retailers aware
about their products and introduce new advertisement campaigns to improve the sales of the products.
Company should restructure the credit facilities and increase the pricing factor. So as to motivate the
retailers to support the brand more.
Company should introduce more discount packages and special schemes for the products with special
regard to the retailers which in-turn can help increasing the sales.
Sales promotion techniques such as daily gifts-Lucky draws, free holiday trips, credit point discounts,
prizes, name card discount schemes, scratch and win offers may be provided with the various retail outlets
without comprising the quality and quantity of products.
Safety measures for natural calamity should be taken into consideration especially for those shop premises
where there is a previous natural calamity history
The printers used in the shops should ensure clarity in amounts and items every time.
5.3 CONCLUSION
The study was conducted for the comparative analysis of Aavin with other milk brands in Erode.
150 respondents were selected and the data was collected through interview schedule method by
personally meeting all the respondents. With power shifting to customers, the success of aavin milk
brand is largely determined by customer choice. The repeated choice of a certain brand by customers
and business partners generates the transactions and repeat business that counter balances the costs of
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customer acquisition and infrastructure. Repeat transactions provide the basis for a relationship that,
when properly cultivated, creates value for both the company and its customers. This relationship is
the basis for the customer loyalty that creates a successful online brand. The companies that are
successfully building relationships and fostering brand loyalty are those that recognize that their
brand's perceived value hinges on the total end-to-end customer experience, from the promises made
in the value proposition, to its delivery to the customer.
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