study of present market standing of yogi guru ramdev's flagship
TRANSCRIPT
International Journal of Research in Engineering, Social Sciences
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STUDY OF PRESENT MARKET STANDING OF YOGI GURU
RAMDEV’S FLAGSHIP BRAND PATANJALI IN AYURVED & FMCG
SECTORS IN & AROUND SILIGURI CITY OF NORTH BENGAL
Shomnath Dutta
Assistant Professor, Dept. of Business Administration, Siliguri Institute of Technology (A Unit
of Techno India Group), Darjeeling, W Bengal, India.
ABSTRACT
Consumers of this millennium have become more concerned about their health and also inclined
to maintain quality of life which is reflected through the preferential consumption of those
products that protects the good state of their health as well as provide maximum satisfaction. In
pursuit of a healthy lifestyle Indian have become more inclined to Ayurvedic or Herbal therapy
as alternative healthcare for natural cure. This particular tendency has been responsible for
phenomenal popularity of Baba Ramdev’s Patanjali Ayurvedic products. In today's turbulent
markets with changing customer needs and growing product variety, Baba Ramdev has
developed a unique blend of Ayurveda and Vedic philosophy under the brand Patanjali to pull
the market by offering value for his customers. This paper attempts to ventilate the reasons
which have lead to the revolutionary success of Baba Ramdev's Ayurvedic brand Patanjali that
clocked a turnover of about Rs 1,200 crore in 2013-14 through the use of Mass customization
and Content marketing. Finally the article makes a comparative study of Patanjali’s products
with other competing Ayurvedic brands to judge the major contributor behind sale of Patanjali’s
items.
Keywords: Ayurved, Content marketing, FMCG, Mass customization.
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INTRODUCTION
There has been a huge comeback of Ayurveda in India not merely as a health care system to treat
ailments but a complete philosophy that encourages the pursuit of a healthy lifestyle. Being the
'Mother of all healing systems' it encompasses all other healing therapies and natural medicines.
Ayurvedic massages, herbal therapy, yoga or pranayams are catching everyone’s imagination
very fast and promise to be the next big thing in the medical and wellness industry. The
proliferated demand for Ayurvedic or herbal cure is driven due to stressful working culture,
exhaustive lifestyle, the endless quest of peace, and the growing ailments with less healthy
environment. It has the unique advantage of having something to offer for every class of the
society. The growing demand for herbal therapy to lead a healthy life has prompted Yoga-Guru
Ramdev to map the portfolio of true needs of modern Indian which goes beyond food, clothing
and shelter but strives for a healthy life style. Accordingly he engineered his offerings in tune
with the needs of all under the brand Patanjali Ayurved through his expertise on the art of
content marketing and mass customization. From March 2012, Patanjali brand marked its entry
into the herbal retail market and FMCG with ‘Swadeshi’ flavour of products ranging from body
care, healthcare, home care, digestive, cosmetics, toiletries etc. From then onwards Dabur, Sri
Baidyanalh, Vicco Laboratories, Charak Pharmaceuticals, The Himalaya Drug Company, Zandu
Pharmaceutical, The Emami Group, HUL, P&G are facing intimidation from a home - grown
and an absolutely `Swadeshi‟ competitor, Patanjali Ayurved Limited.
AYURVED MARKET IN INDIA & PATANJALI’S GLARING ENTRY
Having a brilliant future in India as a business venture, its business prospects amounts to a $20
billion ready market and its gigantic growth rate would make it a $5 trillion market worldwide by
2050. The total size of the Indian Ayurvedic market is INR 50 billion and it is growing
substantially at a rate between 10-15 percent. Indian Ayurved industry is currently perceived as
investment worthy by prospective investors since firstly, it is recession proof and secondly, it
reaches out to a larger chunk of target consumers across all income groups. The long and
successful runs of several brands in this field like Dabur (launched 1884), Amrutanjan (launched
1893), Himalaya (launched 1930), Baidyanalh (launched 1917), VICCO (launched 1952) etc
proves the viability of Ayurveda as a growing business opportunity. According to ASSOCHAM,
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the Indian herbal industry is likely to double from Rs 7,500 crore to Rs 15,000 crore by 2015.
Having sensed the growing concerns about the side-effects of chemical-based allopathic
medication and pragmatic, non-dogmatic & non-sectarian treatment of all kinds of ailment and
disorders guru Swami Ramdev & Ayurveda Acharya Shree Balkrishna jointly founded Patanjali
Ayurveda Kendra Pvt. Ltd. on 27 September 2007 and initiated its operation at Katmandu,
Nepal. After realizing the huge potential of Ayurvedic products in Indian herbal retail trade and
FMCG sector, Guru Ramdev announced the entry of his Patanjali Ayurveda Ltd into Indian
FMCG market on 23rd April 2012 with 'Swadeshi' line of 100 products, including cosmetics,
toiletries and others. Initially, Apart from franchised outlets & distributors, Patanjali products got
placed now in the shelves in Reliance Retail, Big Bazaar, Hyper City and Star Bazaar. At present
Patanjali Ayurved Limited have four manufacturing units in Hardwar have a capacity to process
1,000 tonnes of raw materials, rolling out 500 products in medicine, food and cosmetics and
toiletries. Baba Ramdev using his strategy of ‘mass customization’ and ‘content marketing’ a
turnover of Rs 1200 crores resulted in 2013-14. Patanjali curtailed its expenditure on
advertisements compared to 20 - 30% spending by leading FMCG big shots of their sales on
advertisements. Patanjali’s products incorporate a unique blend of three value disciplines -
product leadership, operational excellence and customer intimacy. In comparison to giant multi-
nationals Patanjali’s products happened to be cheaper by at least 30 per cent due to direct
sourcing of raw materials from the farmers with the aim of economic empowerment of farmers
in terms of employment generation through promotion of Swadeshi goods. Moreover, tendency
to lead a hygienic and healthy life style drives the Patanjali products to achieve phenomenal
popularization. In addition to the distribution network of franchised outlets & distributors
Ramdev made his Patanjali's products available at e-commerce site.
OBJECTIVE OF STUDY
1. To study the evolution of the Ramdev’s ventures Patanjali Ayurved Limited as flagship brand
for Ayurvedic and FMCG products.
2. To survey the use of Patanjali’s products in comparison with other rival companies in Siliguri
area of North Bengal.
METHODOLOGY
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In tune with objectives of study, survey of customers of Ayurvedic products belonging to
Patanjali and other brands were conducted in Siliguri area of Darjeeling district with a
questionnaire (Annexure I) to assess whether charismatic teachings of Ramdev or effect of
different marketing variables that influence the sale of his Patanjali brand. Survey was made by
interviewing 26 users (customer) of Ayurvedic products (medicinal, food, cosmetic & FMCGs)
from 12 Brands/Companies including Patanjali. These companies are
1. Patanjali Ayurved Ltd; 2. Dabur; 3. Zandu; 4. Baidyanalh; 5. Himalayan Drug Company;
6. Charak Pharmaceuticals; 7. Ayur Herbal; 8. Vicco Laboratories; 9. Emami Group;
10. Lotus Herbal; 11. Hamdard; 12. Marico.
The Strategic Survey Areas in & around Siliguri
1. Hill Cart Road (Venus More to Air view more); 2. Bidhan Market & Seth Srilal market (The
Major Markets); 3. Sevoke Road (Sevoke More Crossing to 2nd
Mile); 4. Siliguri Junction/Bus
Terminus Area; 5. Pradhan Nagore; 6. Subhaspally Hati more & Desbandhu Para; 7. Hakim Para
& College Para; 8. City Center & Shiv Mandir area; 9. Cosmos Mall; 10. S F Road &
Mahabirsthan Market.
Variables used for comparative evaluation of Patanjali with other 11 brands:-
(a) Rating on preferences of Brand, (b) Total Quantity of purchase, (c) Average purchase amount
(d) High price fluctuation rating, (e) Rating on poor quality product, (f) Rating on poor
promotional campaigning, (g) Rating on Easy availability of products.
Research Hypothesis
H0: It is not the Marketing variables alone but Ramdev’s philosophy & teachings that have
partial influence on sale of Patanjali’s products in and around Siliguri.
H1: It is the Marketing factors not entirely the Ramdev’s philosophy & teachings which has
substantial influence on sale of Patanjali’s products in and around Siliguri.
Data Collection:
Tools used: Questionnaire
Nature/Type of Data gathered: Responses received from questionnaire based survey were taken
as Primary data and their means as Secondary data and these are tabulated for analysis.
Table 1: Rating based on Preferences of Brand
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Serial No Company Name Mean Rating
1 Ayur Herbal 2.65
2 Baidyanalh 7.23
3 Charak Pharmaceuticals 4.04
4 Dabur 8.88
5 Emami Group 7.19
6 Himalayan Drug Company 8.46
7 Hamdard 8.04
8 Lotus Herbal 3.19
9 Marico 6.04
10 Patanjali Ayurved Ltd 8.19
11 Vicco Laboratories 7.96
12 Zandu 4.62
Inference: This table & its corresponding Chart No 1 depict jointly that ‘Ayur Herbal with
lowest mean rating is least preferred while Dabur with highest rating is most preferred company
to customers followed by Himalaya in 2nd
position and Patanjali in 3rd
most preferred brand.
Chart No: 1 Showing Brand Preference Rating
Table2: Total Products bought
Serial No Company Name Total items Purchased
1 Ayur Herbal 60
2 Baidyanalh 123
3 Charak Pharmaceuticals 98
4 Dabur 269
5 Emami Group 126
6 Himalayan Drug Company 360
7 Hamdard 88
8 Lotus Herbal 71
9 Marico 185
10 Patanjali Ayurved Ltd 202
11 Vicco Laboratories 109
12 Zandu 197
8.88
7.23
8.043.19
7.192.658.19
8.46
6.044.05
7.964.62
Mean Rating
Ayur Herbal
Baidyanalh
Charak Pharmaceuticals
Dabur
Emami Group
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Inference: The Table 2 & Chart 2 jointly show maximum products purchased from most
preferred ‘Himalayan Drug’ firm and least volume of product is bought from ‘Ayur herbal’.
‘Patanjali’ stands as 3rd
largest company after ‘Himalaya’ and ‘Dabur’ in volume of purchase by
customers.
Chart No 2: Showing Total Products bought
Table 3: Average amount of Products bought
Serial No Company Name Mean of items Purchased
1 Ayur Herbal 2.30
2 Baidyanalh 4.73
3 Charak Pharmaceuticals 3.76
4 Dabur 10.35
5 Emami Group 4.84
6 Himalayan Drug Company 13.85
7 Hamdard 3.38
8 Lotus Herbal 2.73
9 Marico 7.11
10 Patanjali Ayurved Ltd 7.76
11 Vicco Laboratories 4.19
12 Zandu 7.57
Inference: The Table 3 & Chart No 3 together show that in terms of average buying propensity
of customers, ‘Himalayan Drug Company’ is the highest selling firm (mean 13.85) and ‘Ayur
Herbal’ is the lowest selling firm (mean 2.30). In this respect “Patanjali Ayurved’ of Baba
Ramdev holds 3rd
position after ‘Dabur’. For the analysis of pattern & trend of sales of
60 12398
269
126
360
8871
185
202
109197
Total items PurchasedAyur Herbal
Baidyanalh
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Ayurvedic items by ‘Patanjali’ compared to others, data of Mean of products purchased (Table
3) is taken as dependent variable.
Chart No: 3 Showing Average Products bought
Table 4: Rating of High Price Fluctuation
Serial No Company Name Mean Rate of High Price
Fluctuation
1 Ayur Herbal 4.84
2 Baidyanalh 4.25
3 Charak Pharmaceuticals 4.69
4 Dabur 1.84
5 Emami Group 4.50
6 Himalayan Drug Company 3.07
7 Hamdard 3.29
8 Lotus Herbal 6.12
9 Marico 4.46
10 Patanjali Ayurved Ltd 2.02
11 Vicco Laboratories 4.25
12 Zandu 4.50
2.3 4.733.76
10.35
4.84
13.853.382.73
7.11
7.76
4.19
7.57
Average Products Purchased
Ayur Herbal
Baidyanalh
Charak Pharmaceuticals
Dabur
Emami Group
Himalayan Drug Company
Hamdard
Lotus Herbal
Marico
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Inference: Price variation is taken as independent variable since it leads to fluctuations in sale as
well as in buying habits of customers. Frequent ups & downs of price results fluctuating trend in
sales of a company’s item
Chart No: 4 Showing Mean Price Fluctuation
Inference: Table No: 4 and Chart No: 4 depicts that highest price fluctuation rating happens to
be in case of Lotus Herbals with rating 6.12 and lowest turns out in case of Dabur with1.84.
Patanjali’s rank is 2nd
(2.02) after Dabur. The rating style shows that Dabur has least price
fluctuating tendency whereas Lotus Herbal reveals highest price variation.
Table 5: Rating of Product Quality
Serial No Company Name Mean Rate of poor product quality
1 Ayur Herbal 2.25
2 Baidyanalh 3.84 3 Charak Pharmaceuticals 1.72
4 Dabur 5.73 5 Emami Group 4.03
6 Himalayan Drug Company 5.23
7 Hamdard 3.50 8 Lotus Herbal 3.34
9 Marico 1.15 10 Patanjali Ayurved Ltd 6.04
11 Vicco Laboratories 3.57 12 Zandu 3.03
01234567
4.25 4.69
1.84
4.5
3.07 3.29
6.12
4.46
2.02
4.25 4.5
Mean Rate of Price Fluctuation
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Chart No 5 Showing Mean Product Quality Rating
Inference: Product quality, being one of the strongest influencers in customer’s buying
behaviour is taken as variable of study. Table No: 5 and Chart No: 5 depicts highest product
quality rating is found for Patanjali Ayurved having 6.04 suggesting its top quality feedback by
customers and poor quality feedback is given by end-users for Marico with rating 1.15 only. 2nd
and 3rd
positions are occupied by Dabur and Himalaya respectively where former is age old and
latter is new comer.
Table No: 6 Rating on Promotional Campaigning
Serial No Company Name Mean Rate of Low Promo Campaigning
1 Ayur Herbal 2.08
2 Baidyanalh 6.37
3 Charak Pharmaceuticals 1.85
4 Dabur 6.84
5 Emami Group 4.27
6 Himalayan Drug Company 4.42
7 Hamdard 3.11
8 Lotus Herbal 1.21
9 Marico 2.88
10 Patanjali Ayurved Ltd 3.23
11 Vicco Laboratories 3.92
12 Zandu 3.03
2.253.84
1.72
5.73
4.03
5.233.5
3.34
1.15
6.04
3.573.03
Mean Rate of product quality
Ayur Herbal
Baidyanalh
Charak Pharmaceuticals
Dabur
Emami Group
Himalayan Drug Company
Hamdard
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Chart No: 6 Showing Rating on Promotional Campaigning
Inference: As effective promotional measures significantly a buyer’s decision criteria, it is
taken as variable of study and the relevant data furnished and graphically represented by Table
No: 6 and Chart No: 6 reveals that Lotus herbal reflects lowest effectiveness in promotional
initiatives and Dabur resorts highest effectiveness in promotional campaigning. Patanjali’s
performance is not at all satisfactory in promo-campaigning for having 7th
position with a low
rating of 3.23
Table 7: Rating on Easy Availability
Serial No Company Name Mean Rate of Easy Availability
1 Ayur Herbal 5.94
2 Baidyanalh 2.44
3 Charak Pharmaceuticals 6.11
4 Dabur 1.24
5 Emami Group 2.91
6 Himalayan Drug Company 1.27
7 Hamdard 4.52
8 Lotus Herbal 5.86
9 Marico 3.75 10 Patanjali Ayurved Ltd 2.87
11 Vicco Laboratories 3.68
12 Zandu 2.98
0
102.08
6.37
1.856.84
4.27 4.423.11
1.21 2.88 3.23 3.923.03
Mean Rate of Low Promo Campaigning
Mean Rate of Low Promo Campaigning
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Chart No: 7 Showing Average Rating on Easy Availability
Inference: Easy availability determines Place Utility to customers who shape customers
purchasing attitude and sales volume. Rating this variable follows descending order of
preference and Table No 7 & Chart No 7 reveal that Dabur and Himalaya got a very close
position (Rating 1.24 & 1.27) of providing maximum ease in availability of their products to
customers. On the contrary, Charak pharma is lagging in extreme regarding easy availability.
Patanjali’s position is in middle of the road with 4th position (2.87).
Table 8: Average Performance Rating of Ayurvedic Companies
Serial No Company Name Mean Rate of Overall Performance
1 Ayur Herbal 4.957
2 Baidyanalh 1.784
3 Charak Pharmaceuticals 5.889
4 Dabur 1.157
5 Emami Group 3.441
6 Himalayan Drug Company 1.431
7 Hamdard 4.772
8 Lotus Herbal 6.224
9 Marico 4.819
10 Patanjali Ayurved Ltd 1.671
11 Vicco Laboratories 2.550
12 Zandu 3.551
5.942.44
6.111.24
2.911.27
4.525.86
3.752.87
3.682.98
0 1 2 3 4 5 6 7
Ayur Herbal
Charak Pharmaceuticals
Emami Group
Hamdard
Marico
Vicco Laboratories
Mean Rate of Easy Availability
Mean Rate of Easy Availability
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Chart No: 8 Average Performance Rating of Ayurvedic Companies
Inference: The overall performance rating of all 12 Ayurvedic companies as tabulated in Table
No: 8 and graphically represented in Chart No: 8 shows that ‘Dabur’ has bagged the top rated
company in terms of all marketing variables and ‘Lotus Herbal’ is least performer. Ramdev’s
venture ‘Patanjali’ has stepped into top 5 bracket and holding 3rd
topper after Dabur and
Himalaya.
Statistical Data Analysis
The tabulated data from Table No: 3 to 7 are put to comparative statistical analysis under the
following sectors – Linear Regression, t-Test and Kolmogorov - Smrinov Normality test.
(A) Kolmogorov - Smrinov Normality test
The following outcome of Normality tests are given as –
Table No: 9 [Normality (KS) Test Results]
Serial
No
Name of Comparing variables under
study
K – S
Dist.
P
value
Remarks
1 Average amount of Products bought 0.218 0.11 Passed
2. Rating on High Price Fluctuation 0.13 > 0.2 Passed
3 Rating on poor quality product 0.18 > 0.2 Passed
4 Rating on poor promotional campaigning 0.17 > 0.2 Passed
5 Rating on Easy Availability 0.13 > 0.2 Passed
0
1
2
3
4
5
6
7
4.957
1.784
5.889
1.157
3.441
1.431
4.772
6.224
4.819
1.671
2.55
3.551
Mean Rate of Overall Performance
Mean Rate of Overall Performance
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The above summary of Normal test results display compatibility between collected data and
expected pattern of data collected from population.
(B) t - Test
To conduct t-Test tabulated data on Average amount of products bought (taken as variable
denoting Sales) are compared with the tabulated data on Poor Quality product, Easy Availability,
Poor Promotional campaigning, High Price Fluctuation.
Table No: 10 [Group wise t-Test results]
Group
No
Comparing variables under
Group N
Mean
Dif
feren
ce
betw
een
Mean
s S
D
SE
M t
value P fo
r
Norm
ali
ty
test
P fo
r
Eq
ual
va
ria
nce
test
1 Rating on Average amount
of products bought
12 6.051
2.191
3.433 0.991 2.084
at
22
d.o.f
0.335 0.051 Rating on High Price
Fluctuation
12 3.860 1.219 0.352
2 Rating on Average amount
of products bought
12 6.051
2.469
3.433 0.991 2.283
at
22
d.o.f
0.382 0.080 Rating on poor quality
product
12 3.583 1.498 0.433
3 Rating on Average amount
of products bought
12 6.051
2.454
3.433 0.991 2.217
at
22
d.o.f
0.278 0.129 Rating on poor promotional
campaigning
12 3.597 1.708 0.493
4 Rating on Average amount
of products bought
12 6.051
2.333
3.433 0.991 2.106
at
22
d.o.f
0.234 0.165
Rating on Easy Availability 12 3.718 1.716 0.496
From Table No: 10 it has been found that since under each group, the difference in the Mean
values for two group members is more than what would be expected by chance, there exists
statistically significant differences between the input group members in the following manner:-
Group No P Value Remarks
1 0.049 P > 0.05
2 0.032 P > 0.05
3 0.037 P > 0.05
4 0.047 P > 0.05
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Thus the test reflects the fact that, the sample-data is significant at 95% confidence level.
(c) Linear Regression
The group wise comparisons involved in previous t-Test are again taken for determining
association and relationship by using Linear Regression.
Table No: 11 [Group wise Linear Regression results]
Group
No
Comparing variables under
Group N R
Regression
Equation line R
2 Adj. R
2 S E of
Estimate
1 Rating on Average amount
of products bought
12 0.455
Average amount
of products
bought = 10.99 –
(1.28 x Mean
rating on High
Price fluctuation)
0.207 0.127 3.207 Rating on High Price
Fluctuation
2 Rating on Average amount
of products bought
12 0.737
Average amount
of products
bought = 0.00323
– (1.688 x Mean
rating on Poor
Quality product)
0.543 0.497 2.434 Rating on poor quality
product
3 Rating on Average amount
of products bought
12 0.742
Average amount
of products
bought = 0.0682 –
(1.493 x Mean
rating on Poor
Promotional
Campaigning)
0.551 0.506 2.412 Rating on poor promotional
campaigning
4 Rating on Average amount
of products bought
12 0.837
Average amount
of products
bought = 12.271 –
(1.673 x Mean
rating on Easy
Availability)
0.700 0.670 1.973
Rating on Easy Availability
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Table No: 12 [ANOVA Result]
Group
No
Particulars DF SS MS F P Normality
Test
Constant
Variance
Test
1 Regression 1 26.806 26.806 2.607 0137
P = 0.232
& Passed
P = 0.181
& Passed Residual 10 102.822 10.282
Total 11 129.628 11.784
2 Regression 1 70.378 70.378 11.878 0.006
P = 0.466
& Passed
P = 0.484
& Passed Residual 10 59.251 5.925
Total 11 129.628 11.784
3 Regression 1 71.460 71.460 12.285 0.006
P = 0.148
& Passed
P = 0.352
& Passed Residual 10 58.169 5.817
Total 11 129.628 11.784
4 Regression 1 90.709 90.709 23.307 < 0.001 P = 0.089
& Passed
P = 0.869
& Passed Residual 10 38.920 3.892
Total 11 129.628 11.784
The above tables 11 & 12 show there exists relation of dependent variable, Average amount of
products bought with other independent variables - High Price Fluctuation, Poor Quality product,
Poor Promotional Campaigning, Easy Availability.
Discussion on Data Analysis
Currently the Indian FMCG sector witnessed a marked competition from Ayurvedic/ Herbal
companies as this segment encounters the brands of Dabur, Himalaya, Ayur, Patanjali etc apart
from HUL, P&G. Even within the Ayurvedic segment Guru Ramdev’s flagship brand Patanjali
has put an edge over Dabur, Himalaya and others within a short span. Ramdev for massive
penetration of Patanjali’s articles (both medicinal & FMCG) across the nation utilized the key
marketing-mix variables very strategically. The marketing & sale of Ayurvedic medicines and
FMCG items of 12 shortlisted Ayurvedic firms were studied with questionnaire survey in &
around Siliguri. The criteria used for comparative performance rating of 12 firms are used as
variables of study with respect to two key aspects marketing and sales. The opinions of survey
are tabulated on which statistical tests were conducted to ascertain whether the popularity &
teachings of Ramdev or the use of Marketing variables which one mainly contribute to rapid
sales- growth of Patanjali items relative to competitors.
As per the insights drawn from previously shown data analysis, a comparative analysis was
undertaken between the variable of Sale of Ayurvedic Products (That is mean amount of product
bought) with other marketing related variables like - High Price Fluctuation, Poor Quality
product, Poor Promotional Campaigning, Easy Availability. The testing of Hypothesis based t-
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Test reveals that alternate Hypothesis (H1) is significant according to the data gathered that
means only the philosophic teachings and popularity of Baba Ramdev is not the sole governing
factor causing sale of Patanjali’s Ayurvedic products rather the various marketing mix factors
contribute the most in this respect. It is further reinforced by the results of Linear Regression
showing good association of marketing variables with sale of Patanjali’s products.
CONCLUSION
Indian health care industry has undergone a paradigm shift due to people’s inclination to
Ayurvedic/Herbal therapy in order to get rid of the various adverse post treatment effects of
Allopathic medication. The results and analysis of this study in Siliguri & outskirts finally arrive
at the following key conclusions-
There is a significant bearing of Marketing tools & strategies on Sale of Ayurvedic & Household
FMCG items in Siliguri area. Though this marketing aspect is neglected by many companies.
This marketing aspect mainly includes Product –quality, Price & its fluctuating trend,
Promotional campaigning, Easy availability i.e. distribution. Out of these, Product Quality and
Promotional measures play more influential role in shaping the buying attitude towards
Ayurvedic items compared to Price and Availability in Siliguri region.
Among the 12 popular Ayurvedic companies in Siliguri, Patanjali’s growth rate appears to be
praiseworthy in terms of sale, awareness and number & size of outlets. Within a very short time
of last 5 years, awareness and utility of Patanjali’s deep product- assortment have been so wide
spread that it secures 3rd
position after Dabur & Himalaya in and around Siliguri.
REFERENCES
1. Ghosh Anirvan. (2015). Baba Ramdev's Business Empire Soars, With His Own Rising
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products-_n_6460760.html (Accessed on 17.4.15)
2. INDIA. Dept. of Health. Govt. of India. Ministry Of Health & Family Welfare.(1989).
Ayurvedic Pharmacopoeia of India, 1st Volume, 1
st Edition
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(1978).Ayurvedic Formulary Of India. Part I. 1st Edition
International Journal of Research in Engineering, Social Sciences
ISSN 2249-9482, Impact Factor: 5.343, Volume 5 Issue 4, April 2015
Website: www.indusedu.org
E-mail id:- [email protected] Page 130
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of Patanjali Yogpeeth. Procedia - Social and Behavioral Sciences 133 (2014) 481 – 490
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Reprint.
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largest-foodpark-in-world.html.
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APPENDIX I
Survey Questionnaire Sheet
Name of Respondent (Customer/Ayurvedic practitioner)
Age Occupation
1. Rate the following Ayurvedic Company from 1 to 12
Sl No Company Name Rating Sl No Company Name Rating
1 Ayur Herbal 7 Hamdard
2 Baidyanath 8 Lotus Herbal
International Journal of Research in Engineering, Social Sciences
ISSN 2249-9482, Impact Factor: 5.343, Volume 5 Issue 4, April 2015
Website: www.indusedu.org
E-mail id:- [email protected] Page 131
3 Charak Pharmaceuticals 9 Marico
4 Dabur 10 Patanjali Ayurved Ltd
5 Emami Group 11 Vicco Laboratories
6 Himalayan Drug Company 12 Zandu
2. Which company of the above you like most?
3. Why do you use it frequently?
a. Easy availability, b. Good Promotional campaign c. Low Price d. Good Quality
4. How many total products you used to purchase from all the above?
5. How many you usually buy from your most preferred company out of above list?
6. How much you likely to spend in purchasing products from all the above enlisted companies?
7. How much you spend in buying from your preferred company?
8. Put your rate out of 1 to 12 to the following company in respect of lowest price
Sl No Company Name Rating Sl No Company Name Rating
1 Ayur Herbal 7 Hamdard
2 Baidyanath 8 Lotus Herbal
3 Charak Pharmaceuticals 9 Marico
4 Dabur 10 Patanjali Ayurved Ltd
5 Emami Group 11 Vicco Laboratories
6 Himalayan Drug Company 12 Zandu
9. Put your rate out of 1 to 12 to the following company in respect of degree of High Promotional
campaigning in ascending order
Sl No Company Name Rating Sl No Company Name Rating
1 Ayur Herbal 7 Hamdard
2 Baidyanath 8 Lotus Herbal
3 Charak Pharmaceuticals 9 Marico
4 Dabur 10 Patanjali Ayurved Ltd
5 Emami Group 11 Vicco Laboratories
6 Himalayan Drug Company 12 Zandu
10. Put your rate out of 1 to 12 to the following company in respect of degree of High Quality of
Product in ascending order
Sl No Company Name Rating Sl No Company Name Rating
1 Ayur Herbal 7 Hamdard
2 Baidyanath 8 Lotus Herbal
3 Charak Pharmaceuticals 9 Marico
4 Dabur 10 Patanjali Ayurved Ltd
5 Emami Group 11 Vicco Laboratories
6 Himalayan Drug Company 12 Zandu
International Journal of Research in Engineering, Social Sciences
ISSN 2249-9482, Impact Factor: 5.343, Volume 5 Issue 4, April 2015
Website: www.indusedu.org
E-mail id:- [email protected] Page 132
11. Put your rate out of 1 to 12 to the following company in respect of degree of Easy availability
of Product in descending order (1 for Highest Availability)
Sl No Company Name Rating Sl No Company Name Rating
1 Ayur Herbal 7 Hamdard
2 Baidyanath 8 Lotus Herbal
3 Charak Pharmaceuticals 9 Marico
4 Dabur 10 Patanjali Ayurved Ltd
5 Emami Group 11 Vicco Laboratories
6 Himalayan Drug Company 12 Zandu
12. Put your rate out of 1 to 12 to the following company in respect of degree of Price
Fluctuation of Product in ascending order (1 for Lowest Variation)
Sl No Company Name Rating Sl No Company Name Rating
1 Ayur Herbal 7 Hamdard
2 Baidyanath 8 Lotus Herbal
3 Charak Pharmaceuticals 9 Marico
4 Dabur 10 Patanjali Ayurved Ltd
5 Emami Group 11 Vicco Laboratories
6 Himalayan Drug Company 12 Zandu
13. How much you buy from the following companies in totality
Sl No Company Name Quantity Sl No Company Name Quantity
1 Ayur Herbal 7 Hamdard
2 Baidyanath 8 Lotus Herbal
3 Charak Pharmaceuticals 9 Marico
4 Dabur 10 Patanjali Ayurved Ltd
5 Emami Group 11 Vicco Laboratories
6 Himalayan Drug Company 12 Zandu
14. Put your rate out of 1 to 12 to the following company in respect of Overall Average
performance in descending order (1 for Highest Preference)
Sl No Company Name Rating Sl No Company Name Rating
1 Ayur Herbal 7 Hamdard
2 Baidyanath 8 Lotus Herbal
3 Charak Pharmaceuticals 9 Marico
4 Dabur 10 Patanjali Ayurved Ltd
5 Emami Group 11 Vicco Laboratories
6 Himalayan Drug Company 12 Zandu
Date Signature of Respondent