a study on consumers' preference towards soft drink products

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Page 1: A Study on Consumers' Preference Towards Soft Drink Products
Page 2: A Study on Consumers' Preference Towards Soft Drink Products

A STUDY ON CONSUMERS’ PREFERENCES TOWARDS SOFT DRINK PRODUCTS

By,T.M.SANTHOSH

(MB14B43)

Page 3: A Study on Consumers' Preference Towards Soft Drink Products

INDUSTRY PROFILE

• In 1767 Joseph Priestley invented carbonated water in England

• Soft drinks players in India: Coca Cola, Parle Agro and Pepsico

• Soft drinks has become world’s leading beverage sector and is expected to lead the market value of $5.9 billion by the end of 2015

• Global consumption of soft drinks is rising by 7% a year, well ahead of all other beverage categories

Page 4: A Study on Consumers' Preference Towards Soft Drink Products

COMPANY PROFILE• Coca Cola was founded in 1886 and in India it entered

in the year 1993• In India its head quarters in Haryana• CEO of Coca Cola: Atul Singh (India)• It has 7,000 Indian distributors and more than 1.7

million retailers• Coca Cola in India directly employs over 25,000

people on contract• Coca Cola has a market share of 60% in CSD

(Carbonated Soft Drinks) and 35% in Fruit drinks• Coca Cola has a worldwide market share of 48.3%

Page 5: A Study on Consumers' Preference Towards Soft Drink Products

PRODUCT PORTFOLIO

• Coca Cola• Diet Coke• Fanta• Sprite• Thums Up• Limca• Minute maid pulpy orange• Minute maid mixed fruit• Maaza

Page 6: A Study on Consumers' Preference Towards Soft Drink Products

RESEARCH OBJECTIVES

• To identify the consumers’ preferences for soft drinks products, brands and the major influence in their purchase

• To identify the customer’s buying pattern related to Coca Cola products

• To determine the consumers’ perception on the taste, price, advertisements and celebrity endorsements related to Coca Cola and its sub-brands

Page 7: A Study on Consumers' Preference Towards Soft Drink Products

RESEARCH METHODLOGY

Research Design: Descriptive research Research Method: Survey method Research Instrument: Structured questionnaireSample size: 150 Sample area: ChennaiSampling method: Non-Probability Convenience

SamplingStatistical package: SSPSAnalytical tool: Percentage analysis, Mean

Page 8: A Study on Consumers' Preference Towards Soft Drink Products

REASON FOR SHOPPING

Monthly purchase Weekly purchase Daily purchase0%

10%

20%

30%

40%

50%

60%

47% 48%

5%

Page 9: A Study on Consumers' Preference Towards Soft Drink Products

NATURE OF PURCHASE

89%

11%

Planned purchase

Impulse purchase

Page 10: A Study on Consumers' Preference Towards Soft Drink Products

USE OF SOFT DRINKS

89%

11%

Family use

Paties

Page 11: A Study on Consumers' Preference Towards Soft Drink Products

CONSUMPTION OF SOFT DRINKS

106100 Cola drinks

Mango drinks

Page 12: A Study on Consumers' Preference Towards Soft Drink Products

INFLUENCE ON PURCHASE

Brand Taste Offer0%

10%

20%

30%

40%

50%

60%

8.70%

52.70%

38.60%

Page 13: A Study on Consumers' Preference Towards Soft Drink Products

BRAND PREFERENCE- COLA DRINKS

Coca Cola Thumsup 7up Pepsi0

0.5

1

1.5

2

2.5

3

3.5

4 3.73

1.13

1.88

3.28

Page 14: A Study on Consumers' Preference Towards Soft Drink Products

BRAND PREFERENCE- MANGO DRINKS

Maaza Slice Frooti Maa Mangola0

0.5

1

1.5

2

2.5

3

3.5

4

4.5

54.4 4.53

3.01

2.01

1.05

Page 15: A Study on Consumers' Preference Towards Soft Drink Products

PERCEPTION OF TASTE- COCA COLA

56.70%

43.30%

Very good

Good

Page 16: A Study on Consumers' Preference Towards Soft Drink Products

PERCEPTION OF TASTE- FANTA

Very good Good Neutral0%

10%

20%

30%

40%

50%

60%

43%

56%

1%

Page 17: A Study on Consumers' Preference Towards Soft Drink Products

PERCEPTION OF TASTE- SPRITE

Very good Good Neutral0%

10%

20%

30%

40%

50%

60%

70%

18%

68%

14%

Page 18: A Study on Consumers' Preference Towards Soft Drink Products

PERCEPTION OF TASTE- THUMSUP

Very good

Good

Neutral

Bad

0% 10% 20% 30% 40% 50% 60% 70%

1.30%

30.70%

66.00%

2.00%

Page 19: A Study on Consumers' Preference Towards Soft Drink Products

PERCEPTION OF TASTE- LIMCA

Very good Good Neutral Bad0%

10%

20%

30%

40%

50%

60%

70%

80%

2%

22%

71%

5%

Page 20: A Study on Consumers' Preference Towards Soft Drink Products

PERCEPTION OF TASTE- MINUTE MAID PULPY ORANGE

Very good Good Neutral Bad0%

10%

20%

30%

40%

50%

60%

3%

10%

30%

57%

Page 21: A Study on Consumers' Preference Towards Soft Drink Products

PERCEPTION OF TASTE- MINUTE MAID MIXED FRUIT

Good

Neutral

Bad

Very bad

0% 10% 20% 30% 40% 50% 60% 70%

2.70%

13.30%

70.00%

14.00%

Page 22: A Study on Consumers' Preference Towards Soft Drink Products

PERCEPTION OF TASTE- MAAZA

85.30%

13.30%

1.30%

Very good

Good

Neutral

Page 23: A Study on Consumers' Preference Towards Soft Drink Products

PERCEPTION OF TASTE- COMAPRSION OF ALL BRANDS

Coca Cola

Fanta

Sprite

Thumsup

Limca

Minute maid pulpy orange

Minute maid mixed fruit

Maaza

0 0.5 1 1.5 2 2.5 3 3.5 4 4.5 5

4.55

4.41

4.043.3

3.182.55

2.06

4.84

Page 24: A Study on Consumers' Preference Towards Soft Drink Products

BUYING PATTERN

Festivals Parties Offers No specific reason

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

1.30%10.70%

86.00%

2.00%

Page 25: A Study on Consumers' Preference Towards Soft Drink Products

QUANTITY PURCHASED

Below 5litres

5-10litres

11-15litres

0% 10% 20% 30% 40% 50% 60% 70%

69.40%

29.30%

1.30%

Page 26: A Study on Consumers' Preference Towards Soft Drink Products

PLACE OF PURCHASE

94%

6%

Super markets

Retail shops

Page 27: A Study on Consumers' Preference Towards Soft Drink Products

INFLUENCE ON THE PURCHASE OF COCA COLA PRODUCTS

Coca C

olaFan

taSpri

te

Thumsup

Limca

Minute

maid pu

lpy or

ange

Minute

maid m

aixed

fruit

Maaza

0

2000

4000

6000

8000

10000

12000

TastePriceAdvertisementBrand nameCircle of friends

Page 28: A Study on Consumers' Preference Towards Soft Drink Products

SATISFICATION ON THE PRICE- COCA COLA

Highly satisfied

Satisfied

Neutral

0% 10% 20% 30% 40% 50% 60%

56.70%

41.30%

2.00%

Page 29: A Study on Consumers' Preference Towards Soft Drink Products

SATISFICATION ON THE PRICE- FANTA

Highly satisfied Satisfied Neutral0%

10%

20%

30%

40%

50%

60%

44.00%

53.30%

2.70%

Page 30: A Study on Consumers' Preference Towards Soft Drink Products

SATISFICATION ON THE PRICE- SPRITE

Highly satisfied

Satisfied

Neutral

0% 10% 20% 30% 40% 50% 60% 70% 80%

14.00%

68.70%

17.30%

Page 31: A Study on Consumers' Preference Towards Soft Drink Products

SATISFICATION ON THE PRICE- THUMSUP

Highly satisfied

Satisfied

Dissatisfied

0% 10% 20% 30% 40% 50% 60% 70%

32.70%

63.30%

4.00%

Page 32: A Study on Consumers' Preference Towards Soft Drink Products

SATISFICATION ON THE PRICE- LIMCA

Highly satisfied Satisfied Neutral Dissatisfied0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

1.30%

14.70%

80.00%

4.00%

Page 33: A Study on Consumers' Preference Towards Soft Drink Products

SATISFICATION ON THE PRICE- MINUTE MAID PULPY ORANGE

Highly satisfied

Satisfied

Neutral

Dissatisfied

Highly dissatisfied

0% 5% 10% 15% 20% 25% 30% 35% 40%

15%

28%

19%

36%

1%

Page 34: A Study on Consumers' Preference Towards Soft Drink Products

SATISFICATION ON THE PRICE- MINUTE MAID MIXED FRUIT

Highly satisfied Satisfied Neutral Dissatisfied Highly dissatisfied0%

5%

10%

15%

20%

25%

30%

35%

40%

4.70%7.30%

30.00%

38.00%

20.00%

Page 35: A Study on Consumers' Preference Towards Soft Drink Products

SATISFICATION ON THE PRICE- MAAZA

80.70%

19.30%

Highly satisfied

Satisfied

Page 36: A Study on Consumers' Preference Towards Soft Drink Products

SATISFICATION ON THE PRICE- A COMPARSION

Coca Cola

Fanta

Sprite

Thumsup

Limca

Minute maid pulpy orange

Minute maid mixed fruit

Maaza

0 1 2 3 4 5 64.54

4.4

3.96

4.24

3.12

3.2

2.38

4.8

Page 37: A Study on Consumers' Preference Towards Soft Drink Products

OPINION ON COCA COLA ADVERTISEMENT

Very good

Good

Neutral

0% 10% 20% 30% 40% 50% 60% 70%

36.00%

61.30%

2.70%

Page 38: A Study on Consumers' Preference Towards Soft Drink Products

ATTRACTIVE COLA DRINKS ADVERTISEMENT

Coca Cola Sprite 7up Pepsi0%

10%

20%

30%

40%

50%

60%

70%

80% 75.30%

1.30% 2.00%

21.30%

Page 39: A Study on Consumers' Preference Towards Soft Drink Products

ATTRACTIVE FRUIT DRINKS ADVERTISEMENT

Minute maid pulpy orange

Maaza

Slice

Frooti

0% 10% 20% 30% 40% 50% 60% 70% 80%

1.30%

21.30%

76.00%

1.30%

Page 40: A Study on Consumers' Preference Towards Soft Drink Products

INFLUENCE OF ADVERTISEMENT ON PURCHASE

70.70%

29.30%YesNo

Page 41: A Study on Consumers' Preference Towards Soft Drink Products

CELEBRITIES ENDORSEMENT LIKED MOST- AAMIRKHAN

Like most

Like

Neutral

Dislike

0% 10% 20% 30% 40% 50% 60%

34.70%

54.70%

9.30%

1.30%

Page 42: A Study on Consumers' Preference Towards Soft Drink Products

CELEBRITIES ENDORSEMENT LIKED MOST- VIJAY

Like most

Like

Neutral

Dislike

Dislike most

0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50%

36.00%

46.70%

14.70%

1.30%

1.30%

Page 43: A Study on Consumers' Preference Towards Soft Drink Products

CELEBRITIES ENDORSEMENT LIKED MOST- KATRINA KAIF

Like most Like Neutral Dislike0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

10.00%

40.60%44.70%

4.70%

Page 44: A Study on Consumers' Preference Towards Soft Drink Products

CELEBRITIES ENDORSEMENT LIKED MOST- SALMAN KHAN

Like most Like Neutral Dislike0%

10%

20%

30%

40%

50%

60%

6.00%

30.70%

53.30%

10.00%

Page 45: A Study on Consumers' Preference Towards Soft Drink Products

CELEBRITIES ENDORSEMENT LIKED MOST- KAREENA KAPOOR

Like most

Like

Neutral

Dislike

0% 10% 20% 30% 40% 50% 60%

13%

30%

49%

8%

Page 46: A Study on Consumers' Preference Towards Soft Drink Products

CELEBRITIES ENDORSEMENT- A COMPARSION

Aamirkhan

Vijay

Katrina Kaif

Salman khan

Kareena kapoor

0 0.5 1 1.5 2 2.5 3 3.5 4 4.5

4.22

4.14

3.56

3.32

3.46

Page 47: A Study on Consumers' Preference Towards Soft Drink Products

RESPONDENTS BASED ON GENDER

76.70%

23.30%

Male

Female

Page 48: A Study on Consumers' Preference Towards Soft Drink Products

RESPONDENTS BASED ON AGE

15-20years 21-25years 26-30years 31-40years 40years & above

0%

5%

10%

15%

20%

25%

30%

35%

4%

30%

24%

33%

9%

Page 49: A Study on Consumers' Preference Towards Soft Drink Products

RESPONDENTS BASED ON OCCUPATION

Professional Businessman Student House wife0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

13.30%

41.30%

28.70%

16.70%

Page 50: A Study on Consumers' Preference Towards Soft Drink Products

RESPONDENTS BASED ON INCOME

Below 5000

5001-15000

15001-30000

30001-45000

Above 45000

0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

38.70%

5.30%

44.00%

9.30%

2.70%

Page 51: A Study on Consumers' Preference Towards Soft Drink Products

SUGGESTIONS

• The company must concentrate on their products (Limca & Sprite) because they not selling in the market compared to Coca Cola & Maaza

• Majority of the consumers are not satisfied with the taste of other Coca cola products (except Coca Cola & Maaza), so they must improve the taste of other products

  

Page 52: A Study on Consumers' Preference Towards Soft Drink Products

• Most of the consumers said that Coca Cola products are not available in retail shops, so the company must make the availability of products retail shops

• Awareness of Minute maid pulpy orange and Minute maid mixed fruit is less. Company should increase its promotion

• Taste of Minute maid mixed fruit should be improved

• As per the respondents opinion the advertisement of Coca Cola are not so attractive as the tough its competitor. So they should improve upon their advertisement

Page 53: A Study on Consumers' Preference Towards Soft Drink Products

THANK YOU