Professional Documents
Culture Documents
NAVI MUMBAI
Global Leadership Centre
PROJECT REPORT
ON
OF
Degree of
2007-2009
In the end, I would like to express my gratitude to Mr. Amit Jelvi, RedEye
Communications for providing me valuable information for Media Planning.
Manishakar
PGDM-RMM
ITM Business School
CERTIFICATE
Institute for Technology & Management, Navi Mumbai in partial fulfillment of the
requirement for the award of degree of Post Graduate Diploma in Management – Retail
Management & Marketing is a bonafide record of research carried out by Mr. Manishakar
…………………………………
Date: Manishakar
Place: KH2007RMF044
CONTENTS
EXECUTIVE SUMMARY
LIST OF TABLES
LIST OF BOXPLOTS
LIST OF APPENDICES
LIST OF EXHIBITS
1 INTRODUCTION 1
2 RESEARCH DESIGN 2
3 DATA ANALYSIS 4
4 RESULTS 6
5 LIMITATIONS 9
BIBLIOGRAPHY 54
EXECUTIVE SUMMARY
“HPMC Juice Store is the only available juice store at railway platform which provides
health conscious young people natural apple and other fruit juices in hygienic
environment”
1.9 Affordability 25
1 QUESTIONNAIRE 14
2 LIST OF CONTACTS 19
LIST OF EXHIBITS
Nestling in the lap of Himalayas, Himachal Pradesh lies in the north most of India.
Himachal has been bestowed upon with nature’s gift of snow mounted silver shrouded
mountains to the blue lakes and vas silent stretches of valleys. It is also endowed with the
richness of both flora and fauna.
Himachal Pradesh known as “APPLE STATE OF INDIA” produces above 0.5 million
tonnes of fruit annually. This unprecedented growth of fruit cultivation made it imperative to
create an infrastructure that could cater to this large input of raw fruit and channelize the
output through sophisticated marketing methods. It was with this view that the APPLE
PROCESSING & MARKETING PROJECT, first of its kind in India, was taken up with the
financial help of “International Development Association” (IDA). The Himachal Pradesh
Horticultural Produce Marketing & Processing Corporation popularly known as hpmc
incorporated in the year 1974 to implement the commercial components of IDA aided project
with a primary of modernising the entire post harvest handling of horticultural produce in the
state. hpmc has emerged as one of the largest organisation for the post harvest handling of
horticultural produce in India.
While it is engaged in producing processed fruit products like pulps and concentrates for
other companies, it also has its 240 retail stores at various across India. With collaboration of
IRCTC, it has opened its retail stores at the platforms of major railway stations. The retail
stores sells 100% Apple juice in Fountains. Different fruit juices like Apple Drink, Mango
Drink, Litchi Drink and Orange Drink are also available in 200ml Tetrapacks. The standard
format of the Juice Store is shown in Exhibit 1.
This project is aimed at formulating a brand strategy for hpmc’s retail stores at railway
stations so that it could enhance its reachability among people at railway stations. The
objectives of this project are as follows:
(1) To get Consumer Insight regarding Fruit juice requirement of people at railway
stations
(2) To prepare Positioning for HPMC Juice Store
(3) To make Media Plan for communicating with target Customers
2. RESEARCH DESIGN
2.1 Information Needed
The information required to formulate a brand strategy for the retail stores were
secondary as well as primary. Secondary information included number of stores all over
country, media budget allotted by the organisation etc. Primary information included
understanding of consumers’ requirement about fruit juices at railway stations and current
hpmc retail store format. This requirement was fulfilled by following Questionnaire method,
informal talks with customers and personal observation.
Random Sampling technique was used to select the respondents. Probability of each
customer to be selected for sampling was equal as they were randomly chosen at railway
platforms.
Two Step Cluster Analysis was done to get the possible clusters in the sample size so that
actionable clusters with sufficient number could be targeted. 32 variables which included
‘Importance of different buying parameters’, Consumption pattern of different Food
Categories’, Possibility of Consuming Fruit Juice with different Food Categories’, ‘Self-
Perception about different psychographic parameters’ as Continuous Variables and all the
Demographic factors namely ‘Age’, ‘Gender’, ‘Income’, ‘Occupation’, ‘User/Non User’,
‘Buying Probability in next 10 visit to store’, ‘Quantity to be bought’, ‘Affordability’ as
Categorical Variables were taken into consideration for making clusters (TABLE 1.1-1.10).
Explore Method was used to make Box-plots which visually showed the dispersion of
responses by respondents. Clusters were then defined on the basis of their demographic and
psychographic belongings.
To decide which clusters to target, two factors were taken into consideration- Number of
members in the cluster and Satisfaction level of the customers in the cluster. To calculate the
Satisfaction Level of customers, sum of the responses for buying parameters were taken and
then weightage of these parameters were calculated. Now, these weightage were then
multiplied with Mean rating (rating given out of 5 scale) given for hpmc store on the same
parameters to calculate the Power of the given parameters. Mean Rating was calculated by
summarising the cases through SPSS. Ideal power was also calculated by multiplying the
weightage with 5(Highest Possible Rating). Satisfaction level in percentage was then
calculated by dividing Actual power to Ideal Power (TABLE 2.1-2.5). Calculation of
Satisfaction Level was done for all the respondents together and for different clusters
separately with users and non-users taken separately. Since, non-users had not experienced
hpmc juices, Satisfaction Level value was actually their perception about hpmc.
All the 3 clusters were separated from the common database so that calculation could be
done separately for each cluster.
Fruit juice preferences for each cluster were calculated by adding the rank given to them
by respondents. Lowest sum of the rank was given 1st rank and so on (TABLE 3.1).
4. RESULTS
Two Step Cluster Analysis gave 3 clusters with 26, 11 and 57 members respectively. On
basis of different Continuous and Categorical Variables, these 3 clusters were defined as
follows:
Cluster 1
Age Group: consisted of people with age group of either 18-22 years (12 out 26) or above 40
years (10 out of 26)
Occupation: Mostly Govt. or Private Company Employees; some are students (32%)
Income: Half of the people earned below Rs.3000 while remaining half earned Rs.12001-
20000
Buying Probability in next 10 visits to Station: 75% people likely to buy less than 4 times
while 25% of them are likely to buy 4-6 times
Affordability: 32% of them were ready to spend Rs.11-15/200ml while rest could only afford
Rs.6-10/200ml
Health benefit, Naturality and Brand name of fruit juice were very important
Age Group: consisted of people with age group of either 23-27 years (5 out of 11) or above
41-50yrs years (6 out of 11)
Buying Probability in next 10 visits to Station: all were likely to buy juice 4-6 times
They consumed Namkeen/Wafers and Fruit Juice sometimes and consume cold drinks
regularly at railway stations
Health benefit, Naturality and Taste of fruit juice were most important
Cluster 3
Age Group: consisted of young people with age group of either 18-22 years (25%) or 23-
27years (71%)
Occupation: Mostly students with only 12% Private Company employee population
Income: consisted of varying Income with most of them earning below Rs.5000
Buying Probability in next 10 visits to Station: Most of them said they were likely to buy
either 4-6 times (43%) or less than 4 times (45%)
User/Non User: 68% user (i.e. 38% of total population) and rest was non-user
Affordability: 17% of them could spend Rs.11-15/200ml while mostly could only afford
Rs.6-10/200ml
Quantity Required: 42% wanted to buy 200ml juice at once while rest 58% of people were
ready to buy 500 ml juice at once
They consumed Fruit drink and cold dink sometimes at railway stations
Health benefit, Naturality and Taste of fruit juice were very important and brand name
was important
They considered themselves slightly traditional and slightly colourful and little mature
Satisfaction Level Analysis showed that overall satisfaction level of all the users for all
the parameters was 67.777% while for non-users it was 74.32%. Satisfaction level of
different parameters for all users were 71% for Price, 71.8% for Health Benefit, 69.6% for
Taste, 70.6% for Naturality, 54.6% for Brand name.
(i) Cluster 1: With net satisfaction level of 68.882%, various parameters’ Satisfaction
level was 74.16% for Price, 74.16% for Health Benefit, 71.65% for Taste, 70% for
Naturality and 53.32% for Brand name.
(ii) Cluster 2: With net satisfaction level of 60.568%, various parameters’ Satisfaction
level was 72.5% for Price, 65% for Health Benefit, 62.5% for Taste, 57.5% for
Naturality and 50% for Brand name.
(iii) Cluster 3: With net satisfaction level of 68.217%, various parameters’ Satisfaction
level was 69.6% for Price, 71% for Health Benefit, 70.4% for Taste, 73.39% for
Naturality and 55.2% for Brand name.
5. LIMITATIONS
Sample size for the project was only 102 against expected size of 200 due to poor
interest of people to fill the questionnaire at railway stations
Less geographic area could be covered due to absence of funds for the project
6. CONCLUSIONS AND RECOMMENDATIONS
Most of the respondents indicated their preference towards health beneficial and natural
fruit drink. They also asked for hygienic environment at Juice Store.
Net Satisfaction Level of each cluster showed that Cluster 1 and Cluster 3 were having
almost same value which is little higher than Overall Satisfaction Level. However, Cluster 3
was having more members in its category.
So, Cluster 3 should be targeted by hpmc Juice Store. Since, more than half of the
consumers were ready to buy 500ml juice at one, 500ml Tetrapack should be made available
at the store. Naturality and taste being the most important parameters for target customers,
these needs to be improved. However, hpmc provides 100% natural apple juice, so
communicating customers about its naturality is more important. ‘Taste’ of the juice needs to
be improved by testing it for target customer and bringing the required improvement. In case
of Cluster 3, satisfaction level for ‘Brand Name’ was only 55.2%, a unique identity need to
be created in customers’ mind. Cluster 3 member were slightly colourful and slightly
traditional and most of them were students with young age-group who considered Health
Benefit and Naturality of fruit juice as very important. However, they perceived themselves
as little mature (not youthful).
Till now, HPMC Juice Store has positioned itself mainly as the only available Apple juice
provider.
So, proposed Positioning Statement for hpmc Juice Store should be as follows:
“HPMC Juice Store is the only available juice store at railway platform which provides
health conscious young people natural apple and other fruit juices in hygienic
environment”
Media Plan
At railway platforms, Improved Store Lay-out, proper facade and look of the store
will be the prime medium to communicate the positioning message with customers in
accordance with the provided media budget. As suggested by hpmc authorities, media budget
for the media planning is Rs.2000000 for 240 stores of hpmc all over the country. Rs.8333
(Rs.2000000/240) will be the budget for each store to improve its lay-out to enhance its
visibility and communicate the positioning message to the target customers in accordance
with the recommendations given above.
Generally, size of the hpmc Juice Store is 8ft x 6ft x 8ft with (i) only one exterior side
facing the customers in most of the stores and (ii) three exterior sides of the store facing
towards customers in only few of the stores (as shown in Exhibit).
(i) Cost of the Facade for one Juice Store in the first case (at the rate of Rs.100/ft.2)
= Rs.1600
Cost of painting Exterior and Interior of one Store in the first case (at the rate of Rs.20/ft.2)
= Rs.5120
= Rs.4800
Cost of painting Exterior and Interior of one Store in the second case (at the rate of Rs.20/ft.2)
= Rs.7040
The rates of facade and painting are quite negotiable and will cost less when bulk order
will be given.
APPENDIX
1. QUESTIONNAIRE
1. You visited the railway station. Can you please tell the purpose for going there?
(a) To travel by train
(b) To see-off someone
(c) To work at station
(d) Any other purpose: ………………….. (Please specify)
2. Talking about your food habits, what do you generally eat / drink at railway station?
Consumption frequency
Never Rarely Sometimes Regularly Frequently
Sl.No. Food Item
1 2 3 4 5
1. Samosa / Pakoda / Vada Pav
2. Namkeen / Wafers
3. Lunch / Dinner
4. Fresh Fruit
5. Fruit Drink(Fresh / Preserved /
Packaged)
6. Cold Drink
7. Any Other: …………………
(Please specify)
3. If you are asked specifically about Fruit Juice/Drink, how do you consume it?
(a) With Samosa / Pakoda / Vada Pav
(b) With Namkeens / Wafers
(c) During Lunch / Dinner
(d) Any other occasion: …………………….. (Please specify)
(e) I always drink it separately
6. Please rate the following packaged Fruit Juice/Drink as per your buying preference:
(a) 100% Apple Juice
(b) Mango Drink
(c) Litchi Drink
(d) Orange Drink
(e) Apple-Litchi Mix Drink
(f) Any Other Preference: …………………………(Please specify)
7. Please rate the following parameters for buying a Fruit Juice/drink (1-being least
important and 5-being most important) :
10. Think of HPMC store as a person and rate it along the following characteristics:
For Sl. No. 1, 1= very excitable, 2= slightly excitable, 3= neither excitable nor calm,
4=slightly calm, 5= very calm
and so on.
13. In next 10 visits to railway stations, what are your chances of buying a HPMC Fruit
juice?
(a) Every time
(b) More than 7 times
(c) 4-6 times
(d) Less than 3 times
(e) Never
14. Now talking about you as a person, how will you describe yourself along the
following characteristics:
For Sl. No. 1, 1= very excitable, 2= slightly excitable, 3= neither excitable nor calm, 4=slightly calm,
5= very calm
and so on.
15. Try to remember your thinking process for buying HPMC juice and then answer:
What prompted you to buy this product?
…………………………………………………………………………………….
…………………………………………………………………………………….
…………………………………………………………………………………….
16. If asked, what modification or addition will you do for improvement in HPMC Store?
……………………………………………………………………………………
……………………………………………………………………………………
17. Please, tick on your age-group:
(a) Less than 18 yr
(b) 18-22 yr
(c) 23-27 yr
(d) 28-34 yr
(e) 35-40 yr
(f) 41-50 yr
(g) Above 50 yr
18. Gender :
(a) Male
(b) Female
Samosa/Pakoda/Vada
Namkeen/Wafers Lunch/Dinner Fresh Fruit Fruit Drink
Pav
Std.
Std. Std. Std. Std.
Mean Mean Mean Mean Deviatio Mean
Deviation Deviation Deviation Deviation
n
1 1.96 0.916 2.88 0.952 2.38 1.098 3 0.98 3.54 0.761
Cluste 2 1 0 3.55 0.522 1.18 0.405 1 0 3 0
r 3 2.3 1.034 2.58 1.117 1.79 0.977 2.49 1.088 3 0.845
Combine 2.05 1.02 2.78 1.059 1.88 1.025 2.46 1.142 3.15 0.803
20
d
Juice with
Juice with Jice with
Cold Drink Samosa/Pakoda/Vada Juice Separately
Namkeen/Wafers Lunch/Dinner
pav
Std.
Std. Std. Std. Std.
Mean Mean Mean Mean Deviatio Mean
Deviation Deviation Deviation Deviation
n
1 2.08 1.23 2 0 1.85 0.368 2 0 1 0
2 4 0 2 0 1.55 0.522 2 0 1 0
Cluste
r 3 3.77 0.926 1.93 0.258 1.67 0.476 1.89 0.31 1 0
Combine
d 3.33 1.239 1.96 0.203 1.7 0.46 1.94 0.246 1 0
Self Perception- Self Perception- Self Perception- Self Perception- Self Perception-
Simple Colorful Vain Introvert Delicate
Std.
Std. Std. Std. Std.
Mean Mean Mean Mean Deviatio Mean
Deviation Deviation Deviation Deviation
n
1 3.85 0.675 2.46 0.761 2.46 1.24 3.31 1.225 2.54 1.104
2 5 0 3.91 1.044 1.55 0.522 2.64 1.567 3.91 1.044
Cluste
r 3 2.88 1.226 3.79 0.921 2.68 0.89 3.07 1.193 3.04 1.21
Combine
d 3.39 1.246 3.44 1.073 2.49 1.024 3.09 1.25 3 1.218
23
1.3 Age of the Respondent
18-22 years 23-27 years 28-34 years 41-50 years above 50 years
Freque Perce Freque Perce Freque Perce Freque Perce Freque Perce
ncy nt ncy nt ncy nt ncy nt ncy nt
46.20 40.00 100.00
1
12 % 4 8.20% 0 0.00% 4 % 6 %
10.20 60.00
2
Clust 0 0.00% 5 % 0 0.00% 6 % 0 0.00%
er 53.80 81.60 100.0
3
14 % 40 % 3 0% 0 0.00% 0 0.00%
Combi 100.0 100.0 100.0 100.0 100.00
ned 26 0% 49 0% 3 0% 10 0% 6 %
24
1.5 Occupation of Respondent
Government Private Company
Businessman Student
Employee Employee
Frequenc Frequenc Frequenc Frequenc
Percent Percent Percent Percent
y y y y
1 10 100.00% 8 53.30% 0 0.00% 8 13.80%
100.00
2
0 0.00% 0 0.00% 11 % 0 0.00%
Cluster
3 0 0.00% 7 46.70% 0 0.00% 50 86.20%
Combine 100.00 100.00
d 10 100.00% 15 % 11 % 58 100.00%
Rs.12001-20000 Rs.30001-40000
Frequenc
Frequency Percent Percent
y
Cluste 1 14 82.40% 0 0.00%
r 2 0 0.00% 0 0.00%
25
3 3 17.60% 4 100.00%
26
1.7 Buying probability in next 10 visits to Station
More than 7
4-6 times less than 4 times Never
times
Freque Perce Freque Perce Freque Perce Freque Perce
ncy nt ncy nt ncy nt ncy nt
14.30 43.50
1
0 0.00% 6 % 20 % 0 0.00%
26.20
2
Clust 0 0.00% 11 % 0 0.00% 0 0.00%
er 100.0 59.50 56.50 100.00
3
2 0% 25 % 26 % 4 %
Combin 100.0 100.0 100.0 100.00
ed 2 0% 42 0% 46 0% 4 %
2. Satisfaction Level
28
Total 435 1 3.71598 5 74.32%
29
2.3 Satisfaction Level-Cluster 1 Users
Buying Sum of Weightag Mean Rating for hpmc Power=Weightage x Mean Ideal Satisfaction
Attributes Responses e Store Rating Power Level
Price 72 0.1538 3.7083 0.5703 0.769 74%
Health benefit 103 0.2208 3.7083 0.8188 1.104 74%
Taste 99 0.2115 3.5833 0.7578 1.0575 71.65%
Naturality 108 0.2307 3.5 0.8074 1.1535 70.00%
Brand Name 86 0.1837 2.6666 0.4898 0.9185 53.32%
Total 468 1 3.4441 5 68.88%
30
2.5 Satisfaction Level-Cluster 3 Users
Buying Sum of Weightag Mean Rating for hpmc Power=Weightage x Mean Ideal Satisfaction
Attributes Responses e Store Rating Power level
Price 113 0.14125 3.48 0.49155 0.70625 70%
Health benefit 168 0.21 3.55 0.7455 1.05 71%
Taste 182 0.2275 3.52 0.8008 1.1375 70.40%
Naturality 185 0.23125 3.67 0.8486 1.15625 73.39%
Brand Name 152 0.19 2.76 0.5244 0.95 55.20%
Total 800 1 3.41085 5 68.22%
31
3. Fruit Juice Preference for Cluster 3
32
4. Case Summaries of Clusters
33
nor bad
14 good Good good very good poor
neither poor nor neither poor
15 neither poor nor bad bad nor bad poor good
16 good very good very good good good
neither poor nor
17 good bad good good poor
neither poor
18 very good very good nor bad poor very poor
19 neither poor nor bad very good good good good
neither poor nor neither poor
20 neither poor nor bad bad nor bad poor good
neither poor nor
21 good bad good good poor
neither poor nor neither poor
22 good bad good nor bad poor
neither poor nor
23 very good bad good very good very poor
neither poor
24 very good very good nor bad poor very poor
Total N 24 24 24 24 24
Mea
n 3.708333 3.708333 3.583333 3.5 2.666667
neither
poor nor
no 1 good Good good good bad
Total N 1 1 1 1 1
Mea
n 4 4 4 4 3
Tota
l N 25 25 25 25 25
Mea
n 3.72 3.72 3.6 3.52 2.68
34
4.2 Case Summaries Cluster 2
Perceived Perceived Perceived Perceived Perceived
Pricing of Health Benefit Taste of Naturality of Brand
HPMC of HPMC HPMC HPMC Name of
Product Product Product Product HPMC
Experienc
e of
yes 1 good very good very good good good
HPMC
Product
neither poor
2 very good very good poor very poor
nor bad
3 good very good very good very good very good
neither poor
4 very poor very poor very poor poor
nor bad
neither poor neither poor nor neither poor neither poor
5 poor
nor bad bad nor bad nor bad
neither poor
6 very poor very poor very poor poor
nor bad
neither poor neither poor nor neither poor neither poor
7 poor
nor bad bad nor bad nor bad
neither poor nor
8 good good good poor
bad
Total N 8 8 8 8 8
Mean 3.625 3.25 3.125 2.875 2.5
neither
no 1 good good good good poor nor
bad
Total N 1 1 1 1 1
Mean 4 4 4 4 3
Total N 9 9 9 9 9
Mea
3.666667 3.333333 3.222222 3 2.555556
n
35
4.3 Case Summaries Cluster 3
Perceived Perceived Perceived Perceived Perceived
Pricing of Health Benefit Taste of Naturality of Brand
HPMC of HPMC HPMC HPMC Name of
Product Product Product Product HPMC
Experienc
neither
e of neither poor
yes 1 very good good good poor nor
HPMC nor bad
bad
Product
neither poor nor
2 very good good very good very poor
bad
neither poor nor
3 good good good poor
bad
neither
neither poor neither poor nor neither poor neither poor
4 poor nor
nor bad bad nor bad nor bad
bad
neither poor
5 very poor poor good very good
nor bad
neither poor neither poor nor neither poor neither poor
6 poor
nor bad bad nor bad nor bad
neither poor
7 very good good good good
nor bad
neither poor neither poor nor neither poor
8 poor good
nor bad bad nor bad
9 good good very good very good poor
neither poor
10 very poor very poor very poor poor
nor bad
11 good good good very good poor
neither poor nor neither poor
12 good good poor
bad nor bad
neither poor nor
13 very good good very good very poor
bad
14 good very good very good good good
15 good neither poor nor good good poor
36
bad
16 very good good very poor very poor very poor
neither
neither poor
17 good poor good poor nor
nor bad
bad
neither
neither poor neither poor nor neither poor neither poor
18 poor nor
nor bad bad nor bad nor bad
bad
19 good very good very good good good
neither poor nor
20 good good good poor
bad
neither
neither poor
21 very good good good poor nor
nor bad
bad
neither poor
22 very good very good poor very poor
nor bad
neither
neither poor
23 good poor good poor nor
nor bad
bad
neither poor nor
24 good good good poor
bad
neither
neither poor neither poor nor neither poor neither poor
25 poor nor
nor bad bad nor bad nor bad
bad
neither poor
26 very poor poor good very good
nor bad
neither
neither poor
27 very good good good poor nor
nor bad
bad
28 good very good very good good good
29 good good very good very good poor
neither poor
30 very poor very poor very poor poor
nor bad
31 good good good very good poor
37
neither
neither poor neither poor nor neither poor neither poor
32 poor nor
nor bad bad nor bad nor bad
bad
neither poor
33 very poor Poor good very good
nor bad
neither
neither poor
34 very good good good poor nor
nor bad
bad
neither poor nor
35 very good good very good very poor
bad
36 very good Good very poor very poor very poor
37 good very good very good very good very good
neither poor nor neither poor
38 good good poor
bad nor bad
neither poor
39 very poor Poor good very good
nor bad
neither poor neither poor nor neither poor neither poor
40 poor
nor bad bad nor bad nor bad
41 good Good very good very good poor
42 good very good very good very good very good
Total N 42 42 42 42 42
Mean 3.47619 3.547619 3.52381 3.666667 2.761905
neither poor
no 1 good very good very good very poor
nor bad
neither
2 good Good good good poor nor
bad
neither
3 good Good good good poor nor
bad
neither poor
4 good very good very good very poor
nor bad
38
neither poor
5 good very good very good very poor
nor bad
Total N 5 5 5 5 5
Mean 4 4.6 3.4 4.6 1.8
Total N 47 47 47 47 47
Mea
3.531915 3.659574 3.510638 3.765957 2.659574
n
39
BOXPLOTS
40
41
42
2. Quality Parameters of hpmc Store among 3 Clusters
43
44
45
3. hpmc Perception among 3 Clusters
46
47
48
49
50
4. Self Perception among 3 Clusters
51
52
53
54
55
EXHIBITS
1. Current Standard Format of hpmc Juice Store with 3 faces towards Customers
53
BIBLIOGRAPHY
Malhotra, Naresh. K.: Marketing Research: An Applied Orientation, Fifth Edition, Prentice-
Hall of India Private Limited.
Anthony J. Alessandra, Ugur Yavas, Wayne D. Jennings, “Retailing Strategies for the Small
Health Food Retailer”, American Journal of Small Business, Volume I, Number 2 (October
1976), 12-22.
Douglas, J. Tigert, Richard Lathrope, Michael Bleeg, “Tha Fast Food Franchise:
Psychographic and Demographic Segmentation Analysis”, Journal of Retailing, 47 (Spring
1971), 81-90.
Malhotra, Naresh. K.: A Scale to Measure Self-Concepts, Person Concepts, and Product
Concepts, http://web.ebscohost.com/ sited on 15th May,2008.
54