a study on consumers' preference towards soft drink products
TRANSCRIPT
A STUDY ON CONSUMERS’ PREFERENCES TOWARDS SOFT DRINK PRODUCTS
By,T.M.SANTHOSH
(MB14B43)
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
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%
PRODUCT PORTFOLIO
• Coca Cola• Diet Coke• Fanta• Sprite• Thums Up• Limca• Minute maid pulpy orange• Minute maid mixed fruit• Maaza
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
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
REASON FOR SHOPPING
Monthly purchase Weekly purchase Daily purchase0%
10%
20%
30%
40%
50%
60%
47% 48%
5%
NATURE OF PURCHASE
89%
11%
Planned purchase
Impulse purchase
USE OF SOFT DRINKS
89%
11%
Family use
Paties
CONSUMPTION OF SOFT DRINKS
106100 Cola drinks
Mango drinks
INFLUENCE ON PURCHASE
Brand Taste Offer0%
10%
20%
30%
40%
50%
60%
8.70%
52.70%
38.60%
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
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
PERCEPTION OF TASTE- COCA COLA
56.70%
43.30%
Very good
Good
PERCEPTION OF TASTE- FANTA
Very good Good Neutral0%
10%
20%
30%
40%
50%
60%
43%
56%
1%
PERCEPTION OF TASTE- SPRITE
Very good Good Neutral0%
10%
20%
30%
40%
50%
60%
70%
18%
68%
14%
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%
PERCEPTION OF TASTE- LIMCA
Very good Good Neutral Bad0%
10%
20%
30%
40%
50%
60%
70%
80%
2%
22%
71%
5%
PERCEPTION OF TASTE- MINUTE MAID PULPY ORANGE
Very good Good Neutral Bad0%
10%
20%
30%
40%
50%
60%
3%
10%
30%
57%
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%
PERCEPTION OF TASTE- MAAZA
85.30%
13.30%
1.30%
Very good
Good
Neutral
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
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%
QUANTITY PURCHASED
Below 5litres
5-10litres
11-15litres
0% 10% 20% 30% 40% 50% 60% 70%
69.40%
29.30%
1.30%
PLACE OF PURCHASE
94%
6%
Super markets
Retail shops
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
SATISFICATION ON THE PRICE- COCA COLA
Highly satisfied
Satisfied
Neutral
0% 10% 20% 30% 40% 50% 60%
56.70%
41.30%
2.00%
SATISFICATION ON THE PRICE- FANTA
Highly satisfied Satisfied Neutral0%
10%
20%
30%
40%
50%
60%
44.00%
53.30%
2.70%
SATISFICATION ON THE PRICE- SPRITE
Highly satisfied
Satisfied
Neutral
0% 10% 20% 30% 40% 50% 60% 70% 80%
14.00%
68.70%
17.30%
SATISFICATION ON THE PRICE- THUMSUP
Highly satisfied
Satisfied
Dissatisfied
0% 10% 20% 30% 40% 50% 60% 70%
32.70%
63.30%
4.00%
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%
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%
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%
SATISFICATION ON THE PRICE- MAAZA
80.70%
19.30%
Highly satisfied
Satisfied
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
OPINION ON COCA COLA ADVERTISEMENT
Very good
Good
Neutral
0% 10% 20% 30% 40% 50% 60% 70%
36.00%
61.30%
2.70%
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%
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%
INFLUENCE OF ADVERTISEMENT ON PURCHASE
70.70%
29.30%YesNo
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%
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%
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%
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%
CELEBRITIES ENDORSEMENT LIKED MOST- KAREENA KAPOOR
Like most
Like
Neutral
Dislike
0% 10% 20% 30% 40% 50% 60%
13%
30%
49%
8%
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
RESPONDENTS BASED ON GENDER
76.70%
23.30%
Male
Female
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%
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%
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%
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
• 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
THANK YOU