Professional Documents
Culture Documents
OF
HEALTH DRINKS
SUBMITTED
TO
CALICUT UNIVERSITY
BY
JINO JOY
AS PART FULFILLMENT OF
B.Com (3RD YEAR)
MARCH, 2014
YUVAKSHETRA INSTITUTE,
MUNDUR - 678631
CONTENTS
Chapter No.
Title
Declaration
Guide Certificate
Acknowledgement
Page No.
3
4
5
Executive Summary
II
Research Design
8-31
2.2
2.3
2.4
2.5
2.6
Introduction
Statement of Problem
Objectives of the Survey
Scope of the Study
Limitation
Methodology
9-22
23
24
25
26
27-31
III
Conceptual Background
32-34
IV
Organizational Profile
35-36
37-52
VI
53-57
VII
58-61
2.1
DECLARATION
2
6-7
JINO JOY
Date
Place: PALAKKAD
CERTIFICATE
-------------------------
------------------------
Tomy Antony
Prof. Uppathu
(Principal)
(Project Guide)
Date:
Date:
Place:
Place:
Acknowledgement
JINO JOY
Date:
Chapter No.: I
EXECUTIVE SUMMARY
I. Executive Summary
My study was carried out on HEALTH DRINK consumption of
people carried out in Mundur region. This region includes
Kanjikulam, MLA Road, Velikkad.
After data collection, it was analyzed with different charts and graph,
which is very important to find observation and findings. On the basis
of this work, suggestions were made which were very helpful for
analyzing project report.
It was observed that Bournvita got major share among all health drink.
The survey was conducted to analyze the prospective customer
awareness for various health drinks in market. Questionnaire method
was used along with interview to obtain the required information.
After the survey was completed the data was first sorted then analyzed
and this analyzed data was later converted in to form of graphs. This
makes result to understand easily by everyone.
Chapter No.: II
Research Design
2.1
2.2
2.3
2.4
2.5
2.6
Introduction.
Statement of Problem.
Objectives of the Survey.
Scope of the Study.
Limitation.
Methodology.
2.1
Introduction.
Product An overview
Universally, in bringing up their children, mothers attach a lot of
emotional importance to nourishment. There is an ever-growing need for
nourishment and energy in todays fast-paced world. Who can resist a
steaming, hot drink which promises to energize, nourish and refresh? The
need for nutritional supplementation is all the more relevant for kids.
Coupled with the fact that kids love the delicious taste of these drinks,
once they have tried them, lies the basic tale of milk additives and the
growth and development of the Health Food Drink (HFD) category. No
one can be sure of when and how the category evolved but, today, in
India the HFD market is valued at approximately Rs. 13, 000 million and
nearly 50,000 tones.
Health food drinks provide nourishment for the family, particularly
growing children and serve as energy providers for adults. The market for
malted milk powders in India is huge as the product is widely used as a
nutrition and energy supplement by children and adults. The size of the
market is estimated at Rs. 10,170 million.
Horlicks
Boost
Complan
Product Profile: Bournvita
History and Achievements:
Cadbury was incorporated in India on
July 19th, 1948 as a private limited
company under the name of CadburyFry
(India).
company
Soon
launched
thereafter
the
Bournvita.
Bournvita would meet the nutritional needs of children and make up for
any deficiencies in nutrition as a result of improper food intake. At the
same time, the company strongly promoted the practice of consuming
two cups of Bournvita to ensure that this happened. The effort enabled the
brand to create greater relevance for the category and hence the brand
amongst plain milk drinkers. It was a winning formula that yielded
double digit growth over the next two years and significantly contributed
to the brands development.
An energetic brand, Bournvita went through another change in 2001, with
a complete overhaul of branding, packaging and communication. This relaunch had two clear objectives: to make the brand contemporary and
reinforce the equity with its loyal consumers. An assessment post the
successful re-launch, showed that Bournvita had further strengthened its
leadership position in the West and had attained market leadership in the
North.
Product:
Bournvita has a unique taste which combines the
goodness of malt and chocolate. It gives the child
physical and mental alertness resulting in a healthy body
and an active mind. In turn this gives the child the
confidence to succeed in life.
In 2001 Bournvita, complete with new packaging and
design was re-launched. It had many firsts. Bournvita
introduced a pet jar (shifting from the old glass bottle). It
introduced shrink-sleeved packaging (from the old jar labels). There was
11
12
milk.
That's
which
produced
after
inventing
some recipes of his own. So along with his brother William, they found J
and W Horlicks of Chicago.
Up until the 1960s Horlicks was positioned as an adult restorative drink
that gave extra energy, especially during convalescence. The 1970s saw
its position shift to The Great Nourisher. It was in this phase that the
brand saliency shot up. The next decade saw Horlicks face an immense
external challenge. Thanks to Operation Flood, there was availability of
milk and the raison dtre for buying the brand became weaker. Horlicks
fought back. In 1984, Horlicks aimed at growth by growing the consumer
base. By 1994, it had created Ideal Horlicks and improved product
formulation that also brought back the taste people reminisced about. In
2002, Horlicks was relaunched on the immunity platform.
13
drink
thats
tasty
and
is considered to be the great nourisher for the entire family. The medical
credentials and heritage of the brand have reinforced the image of the
brand for years.
Junior Horlicks, a specialist brand for little children. Mothers Horlicks, a
special nourisher for pregnant and breast feeding mothers, and Horlicks
Biscuits are the other forms in which the brand is available. A selection of
flavours including chocolate, vanilla and honey allow consumers to
enjoy the nourishing goodness of Horlicks in a variety of delicious ways.
Brand values:
Horlicks has always been a brand that stands for good health and
nourishment through a wholesome, natural product. A commitment
towards product quality and reinforcement of essential nutrients has won
over the trust of generations of mothers.
The brand gives them the reassurance that they seek in caring for their
family. Family bonding is at the heart of Horlicks brand values. This, in
turn reinforces Horlicks image as a caring and trusted brand.
Facts:
Horlicks was first invented to substitute milk as baby food.
In India, 2 billion cups of Horlicks are drunk every year.
People on special diet, including liquid diet or any diet devised
for gastric disorders, can benefit from the nutritional
convenience of Horlicks.
15
Indian
R&D
Kerala
in
1975/76.
the
brand
soon
skills and resources has enabled it to offer frontline health products to the
consumer. These traits are amply evident in the Boost brand. But brands
are not built by formulation alone. They require strategic thinking and a
strong positioning platform. Success for Boost has come as a result of
constant brand building efforts and the proven positioning platform of
energy. The brand had the courage of conviction to make a paradigm
shift in targeting the child in its communication. Today, Boost is the
secret of my energy is the most recalled sign-off in its product segment
and has defined the brand's identity. Also, Boost is the first HFD to have
ever used celebrity endorsement to convey its proposition and has
successfully carved out the Energy HFD market in India. In recognition
of these achievements, Boost has won prestigious awards such as the
World Star for its packaging and the finalists position in the Effie
Awards, 2000, for effective communication.
Product
Boost is a malt-based drink in
chocolate flavour, with the
brand
philosophy
continuously
pioneer
being
innovate
changes
in
to
and
the
19
Complan
was
now
market. In this period, it has doubled its market share while commanding
a price premium in excess of 40% over its nearest competitor.
Product:
Enriched with 23 vital
nutrients
in
21
2.2
Statement of Problem.
22
2.3
2.5 Limitation.
25
Every study conducted may have certain shortcoming and this project is
also a similar case. A few errors have crept in despite of best efforts to
avoid them but this is expected that still study and findings are very much
relevant.
The first limitation is that the accuracy of the project and
conclusion is totally dependent on the accuracy of data collected
and data analysis.
Due to time constraint the survey is confirmed to measures. The
respondents were selected randomly and therefore might not be a
true representation of total consumers due to such a large universe.
Over projections by the respondent to impress the surveyor is also
possible.
The recommendation is given totally based on the information
collected through questionnaires and personal interviews.
Each man defers from another. A consumer not only defers from on
another, but also has varying degrees of feeling about the same
products, object or phenomenon from time to time. It thus becomes
very difficult to generalize the finding of any market research
study.
Hence
one
of
the
major
problems
GENERALIZATION.
2.5 Methodology.
26
is
that
of
Research Design
Research design is arrangement of condition of collection and analysis of
data in a manner that companies relevance of data to be collected. The
sample to be selected in a manner in which the data so collected is to be
organized. It constitutes the main body of the research design. The
present study conducted through a survey method using a well-formed
and framed questionnaire. Research design is the plan and structure of
investigation so conceived as to obtain answers to research questions.
Types of Data
Primary Data:
The primary data are those which are collected afresh and for the
first time, and thus happens to be original in character.
Primary data for this project was collected through questionnaire.
Secondary Data:
The secondary data are those which have already been collected by
someone else and which have already been passed through the
statistical process.
Secondary data for this project were collected from the internet and
library.
27
Sources of Data
The primary and secondary source was used in the research. The
information gathered for this project is differing from person to person as
there is differences in each human being. So the observation and the
survey of the people are the primary sources of data from this project. As
such secondary data are collected from internet and library.
Sample Plan
Sample plan can be define as the selection of some part of an aggregate or
totality on the basis of which a judgment or inference about the aggregate
or totality is made. In other words it is the process of obtaining
information about an entire population by examining only a part of it.
The sampling plan for this project would be customer which includes
School going childrens in, Navsari.
Universe:
From a statistical point of view, the term universe refers to the total of
the items or units in any field of inquiry or to the total of items about
which information is desired.
For the purpose of this study the universe has been defined as The set
consisting of School going childrens in, Navsari.
Sample Size:
28
Sample size means how many people should be surveyed. Large sample
size gives more reliable results than small one. Sampling is the method
and selecting sample for studying the position of universe in total.
The sample size selected for this survey is 50 school going childrens in,
Navsari. This sample size is selected on the basis of convenience to
administer and by way of judgment. Sample sizes selected in this project
are the people of Navsari city (GJ). A large sample size would have been
unmanageable in terms of time and cost.
29
30
Field Work
Field work is defined as the place where you have conducted your survey
and with whose help you have taken. Field work for this project was
performed by me without the help of any people. My Field work consists
of questionnaire which I have circulated among 50 customers so that I
can get information that was required for the project.
Data Analysis Techniques
The data after collection has to be processed and analyses in accordance
with the outline laid down for the purpose at the time of developing the
research plan. By Analysis we mean the computation of certain indices or
measures along with searching for patterns of relationship that exist
among the data groups.
For this project percentage method is used for the analysis of the
available data. With the help of percentage method the data has been
converted into percentage and has been represented with the help of
graph.
31
32
Market Share:The percentage of the total market for a product/service category that has
been captured by a particular product/service or by a company that offers
multiple products/services in that category. In the latter case, the company
may choose to look at share on both an individual product/service basis
and on a company-wide basis.
Share can be calculated either on a unit basis (i.e., If a company sells 1
million units in a total market of 10 million units, it has a 10 percent
share) or on a revenue basis (i.e., If a company sells $1 million worth of
widgets in a $10 million market, it has a 10% share). Obviously, if a
company is able to command a higher price for its product/service than its
competitors, it would show a higher market share when calculated on a
revenue basis than on a unit basis.
Market share numbers can vary greatly depending on how the market is
defined. For example, a company may have a 1 percent share of the
"widget" market, 15 percent of the "sports widget market", 45 percent of
the "luxury sports widget market" and 85% of a particular geograpically
defined luxury sports widget market.
All business activities focused on developing, expanding and facilitating
the profitable introduction and promotion of a company's products and/or
services. Traditionally, this is taken to include the "4Ps" -- Product, Price,
Promotion and Place.
33
Importance of Market share:1. Reputation :- The major market share of a company will help the
company earn goodwill in the market which is one of the most
important achievement for a company.
2. Easy Finance :- Market share helps the company in getting easy
finance from the market due to its majority market share and
reputation in the market.
3. Profitability :- Major market share increases the profit earnings
of the company, as many customers are attracted to purchase
companys products due to its reputation in the market.
4. Growth and Expansion :- When a company succeeds in attracting
more and more customers towards itself due to its market share it
definitely increases its profit and intern grows and expands.
5. Share holders :- Increase in companys market share intern
increases its share holders by winning the confidence of its
investors.
34
Chapter No.: IV
ORGANISATIONAL PROFILE
35
Est. 1946
Name of the firm: Manshuklal & Co.
Registered office: Opp Hanuman temple, Mota bazzar Navsari-396445
Type of organisation: Partnership firm
Turnover: 55 lacks
Profit: 1.5 lacks
Dealers of: Complan, Horlicks, Boost, Bournvita etc
36
Chapter No.: V
ANALYSIS, INTERPRETATION,
PRESENTATION.
37
No. of Respondents
46
4
50
Chart No.:1
38
Percentage
92.00%
8.00%
100.00%
No. of Respondents
30
6
5
7
2
50
Chart No.:2
39
Percentage
60.00%
12.00%
10.00%
14.00%
4.00%
100.00%
No. of Respondents
30
3
7
10
50
Chart No.:3
40
Percentage
60.00%
6.00%
14.00%
20.00%
100.00%
No. of Respondents
10
25
11
4
50
Chart No.:4
41
Percentage
20.00%
50.00%
22.00%
8.00%
100.00%
No. of Respondents
24
15
11
50
Chart No.:5
42
Percentage
48.00%
30.00%
22.00%
100.00%
The above chart shows that 48% respondent like to have the
health drink cold while 30% take it hot and remaining 22% take
it in moderate manner.
No. of Respondents
11
10
25
4
50
43
Percentage
22.00%
20.00%
50.00%
8.00%
100.00%
Chart No.:6
The above chart shows that 50% respondent rank their drink as
under best category while 22%, 20%,and 8% are ranked as
good, better and last satisfactory.
No. of Respondents
35
6
5
4
50
44
Percentage
70.00%
12.00%
10.00%
8.00%
100.00%
Chart No.:7
No. of Respondents
32
15
2
1
50
45
Percentage
64.00%
30.00%
4.00%
2.00%
100.00%
Chart No.:8
The above chart shows that 64% people start taking health drink
from the age 3 yrs- 5 yrs and rest are 30% at 5 yrs- 10 yrs, 4%
for 10 yrs- 15 yrs and 2% for 15 yrs and above.
No. of Respondents
32
15
3
50
Chart No.:9
46
Percentage
64.00%
30.00%
6.00%
100.00%
The chart shows that 64% respondent says that their product is
regular while 30% says it is irregular and 6% says the product is
not available at all.
No. of Respondents
27
3
2
4
13
1
50
47
Percentage
54.00%
6.00%
4.00%
8.00%
26.00%
2.00%
100.00%
Chart No.:10
No. of Respondents
9
11
12
18
50
48
Percentage
18.00%
22.00%
24.00%
36.00%
100.00%
Chart No.:11
No. of Respondents
14
36
50
49
Percentage
28.00%
72.00%
100.00%
Chart No.:12
The above chart shows that the percentage of the response of the
influence by advertisement. It is seen that 72% of respondent are
not influenced while only 28% are influenced.
No. of Respondents
7
30
10
3
50
50
Percentage
14.00%
60.00%
20.00%
6.00%
100.00%
Chart No.:13
No. of Respondents
16
14
10
10
50
51
Percentage
32.00%
28.00%
20.00%
20.00%
100.00%
Chart No.:14
No. of Respondents
35
15
50
Chart No.:15
52
Percentage
70.00%
30.00%
100.00%
53
Chapter No.: VI
MAJOR FINDINGS,
RECOMMENDATIONS,
CONCLUSION.
54
The major findings of the report are as follows:1. It is found that 92% people take health drink.
2. It is seen that most people like Bournvita and Complan.
3. 60% of people drink health drink once a day while 20% take
occasionally.
4. It is seen that 50% of people purchase 500 gm packet while 22%
purchase 1 kg.
5. It is observed that 48% respondent like to have the health drink
Cold while 30% take it Hot and remaining 22% take it in Moderate
manner.
6. It is analyzed that 50% respondent rank their drink as under best
category while 22%, 20%, and 8% are ranked as good, Better and
last satisfactory.
7. It is observed that most of people ie.70% purchases their health
drink from retailer while 12% from wholesaler, 10% from
Cafeteria and remaining 8% from other sources.
55
8. It is found that 64% people start taking health drink from the age
3yrs- 5 yrs and rest are 30% at 5 yrs- 10 yrs, 4% for 10 yrs- 15 yrs
and 2% for 15 yrs and above.
9. 64% respondent says that their product is regular while 30% says it
is irregular and 6% says the product is not available at all.
10.10. Television and Display at Retail Outlay are two important
media for the awareness of product.
11.11. It is seen that 36% of people is satisfied with the advertisement
of the drink.
12.It is seen that 72% of respondent are not influenced while only
28% are influenced by advertisement.
13.It is observed that 60% consume 2 Tea-Spoon of health drink.
14.Majority i.e. 32% of them wants reduction in price and 28% want
attractive packing.
15.It is clearly seen that 70% of respondent are satisfied with their
health drinks while 30% are not satisfied.
56
Recommendation:
I would recommend that the companies should strength its
distribution channel especially at cafeteria and local retailer, which
is the biggest market for health drink.
The companies should make use of more advertising media like
T.V., Display at various outlets, Hoardings etc. that are very useful
to increase the awareness regarding the product.
The companies should come up with new types of schemes which
would attract more number of people toward their product.
The feedback of the retailer should be collected regularly so that
the companies can come to know that were they are standing.
Design some attractive scheme for retailer, which can differentiate
from competitors and interesting for retailer.
Try to build a good image of the company.
57
Conclusion:
As the customer is considered to be the king of the market, this fact is
very much true for the liquid food drink industries. It is very important on
the part of the organization to learn customer behaviour in order to
increase their sale and create a good brand image in the minds of the
customer.
From the survey carried out and after data analyses of the information
obtain it can be concluded that people are aware of different brands of
health drink. Most of the customers prefer to use 1 glass a day as it is
convenient in both way in terms of quantity and notorious. Brand name is
consider as an important factor while purchasing a health drink and in
which Bournvita of health drink is most preferred brand name among the
customer. It is also concluded that Television has played a vital role in
spreading awareness of various health drink brands. Many people also
consider the quality and hygiene maintain by the company. It is also
found that price plays an important role in any product but service also
plays equal importance in success of any product.
All the information gathered during this survey and after analyzing it
properly one come to only one conclusion that liquid food drink
industries has a great scope in future.
58
59
Questionnaire
Name:
_________________________ Occupation:
Age:
_________________________ Sex:
Mobile No.: _________________________
_______________
M/F
( ) No
( ) Horlicks
( ) Any other
( ) Boost
( ) Twice a day
( ) Occasionally
( ) 500 gm
( ) More than 1 kg
( ) Hot
( ) Moderate
( ) Best
( ) Satisfactory
60
( ) Wholesaler
( ) Others
( ) 5- 10
( ) 15 and above
( ) News Paper
( ) Family and Friends
( ) Any other
( ) Better
( ) Satisfactory
( ) No
( ) 2 Tea-Spoon
( ) more than 3 Tea-Spoon
( ) Attractive Packing
( ) None
ANNEXURE
BIBLIOGRAPHY
BOOK REFERRED:1.
62