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SUMMER TRAINING REPORT ON
ANALYZING CONSUMER BEHAVIOUR
IN CONTEXT OF NEW PRODUCT LAUNCH
FOR
BY
BHARAT SRIVASTAVA
A-13
In Partial Fulfillment for the award of the degree
Post Graduate Diploma In Business Management
2012-2014
NEW DELHI INSTITUTION OF MANAGEMENT
F-13, Okhla Phase-1, New Delhi, Pin: 110020
E-mail: info@ndimedu.com Website: www.ndimedy.com
2
SUMMER TRAINING REPORT ON
Analyzing consumer behavior
In context of new product launch
FOR
Under the supervision of
Ms. SANGEETA GOEL
Mr. NAGESH MISHRA
Submitted by- Submitted to-
Bharat Srivastava Prof.Abha Grover
A-13
3
4
ACKNOWLEDGEMENT
“For any successful work, it owes its thanks to many”
Hardwork, knowledge, dedication, and positive attitude all are necessary
to do any task successfully but one ingredient which is also very
important than others and at a time more important than others in co-
operation and guidance of experts and experienced person.
I am very grateful to Prof. Abha Grover (Marketing) who was my
guide during the development of this project and it was her guidance and
assistance which help me in completing my project and I am thankful for
her support and friendly guidance.
I would also like to express my heartful regards to my parents, my
friends and company mentor & staff of Bikanervala Food Pvt Ltd and
others who directly or indirectly help me a lot for the successful
completion of my project report.
So now where my training has been completed and my heart is full of
gratification, so I cannot forgot to thanks the Almighty God. His
blessings help me everywhere in my life. Thanks God……
(Bharat Srivastava)
5
DECLARATION
I Bharat Srivastava student of New Delhi Institution of Management
Batch(July2012-14) declare that every part of the Project Report
Analyzing Consumer Behaviour in context of New Product Launch that I have
submitted is my original work.
I was in regular contact with the nominated faculty guide and contacted Prof. Abha
Grover several times for discussing the project.
Date of project submission:______________
(Bharat Srivastava)
Faculty’s Comments :
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
_______
(Prof. Abha Grover)
6
TABLE OF CONTENTS
Serial no. Particulars Page
no.
1 ACKNOWLEDGEMENT 04
2 DECLARATION 05
3 EXECUTIVE SUMMARY 07
4 INTRODUCTION & COMPANIES PROFILE 08
5 OBJECTIVE OF THE RESEARCH 18
6 LITERATURE REVIEW 19
7 RESEARCH METHODOLOGY 21
10 OBSERVATIONS AND ANALYSIS 24
11 CONCLUSION 34
12 LIMITATIONS 36
13 SUGGESTIONS 37
14 BIBLIOGRAPHY 38
15 ANNEXURE 39
7
EXECUTIVE SUMMARY
This research has been carried out for the achievement of the given aim to analyze
consumer behavior in context of new product launch. For this a descriptive
research has been carried out in delhi and NCR. A sample size of 50+ was selected
through random sampling has at the Bikanervala outlet at Noida Sector-18. The
primary data was collected to find out the solution to the problem and a suggestion
has been withdrawn at the end of this project.
The sample of 50+ consumers had been taken to fill the questionnaire. This survey
had measured the analysis of consumer behavior towards packaged product at the
company outlet.
In this project customers gone through various sensory evaluation test organized by
Bikanervala for consumers. The project also has the sensory evaluation of
consumers for various brands as well as their average feedback score to the
questionnaire in which they participated.
8
INTRODUCTION & COMPANY PROFILE
BIKANERVALA
Bikanervala is one of India's most prominent families in the business of traditional
hospitality products like Sweets
and Namkeens. Our forefathers devoted their
lifetime in developing exclusive recipes which
are now our proud family secrets. To this
wealth of inherited knowledge our new
generation has now added another dimension -
Modern Technology.
Today,
BIKANERVALA FOODS PVT. LTD. is an
ISO 9001:2000, HACCP and SQF 2000cm
certified company with four modern
manufacturing units in the National Capital Region and a chain of 101 outlets in
India and abroad, serving vegetarian North Indian, South
Indian, Continental, Chinese cuisine and Fast food
along with a vast variety of traditional Indian sweets and snacks.
9
The traditional Indian sweet shop cum restaurant is an experience in itself. Here
you can find the pleasure & warmth of traditional Indian Sweets, Namkeens, Chaat
& Snacks and 100% pure Vegetarian multi cuisine restaurant which is served &
delivered with passion and celebration.
Bikanervala’s concept always has been to innovate and yet maintain the original
flavour of traditional Indian food with primary focus on quality, hygiene and
affordability.
Customer satisfaction is like a religion at Bikanervala and that is why we have
been able to keep our century old tradition alive. Bikanervala showrooms are
located in India, Nepal, UAE & New Zealand.
10
BIKANO
Bikano is our international brand of packaged Sweets, Namkeens, Papad and
Sherbets, manufactured to the world standards of hygiene and quality. Bikano’s
packaged products have always been a big hit with customers in both India and
abroad.
Their food products like namkeens, cookies and syrups have made it the most
preferred in between meal snack all over the world.
Bikano’s concept of constant innovation through the use of modern technology for
packaging retains its original flavour for maximum time period. With this vast
variety of finest packaged products one can always ready to celebrate a sweet
moment , any time , any where. Bikano products are available in Bikanervala &
Bikano Chat Cafe showrooms and in leading super markets and retail stores in
India & abroad.
11
BIKANO CHAT CAFÉ
Bikano Chat Café is a new age concept of Bikanervala aimed at establishing a
strong network in the corporate and the retail segment.
It is a chain of fast food restaurants and Tuck Shops serving traditional Indian
Chat, Combo Meals, Burger, Pizza and Snacks in a modern hygienic
enviornment.Their main focus has been to provide exquisitely packaged traditional
food at an affordable price to wherever their customer groups are located, be it
corporate houses, malls or even exhibition stalls.
Their innovative menu and state-of-the-art manufacturing and delivery systems
ensures original flavour from base-kitchen-to-customer.
VISION
To savour and share the century old culinary
heritage of Bikanervala with ultimate taste and
relishing freshness and ensuring superior
customer experience by providing highest
standards of product quality & service.
12
MANUFACTURING
PRODUCTION
Bikano prides itself in successfully integrating ultra modern technology to
manufacture its traditional food products in their 5 factories across India.
Their products are quite well known for being healthier than the oily snacks
that are found outside since they are fried in machines which are
programmed by Programmable Logic Controllers (PLC).
They have always been in the forefront in pioneering new technology for
modifying traditional sweet recipes of Kaju Burfi, Khoya Burfi, Patisa, Soan
Papdi etc. to having a longer shelf life and exporting them abroad.
PRODUCTION
PACKAGING
QUALITY CONTROL
13
They are specially packed under ambient conditions through an application
called MAP (Modified Atmosphere Packaging).
The canned food products are very popular amongst Indians abroad, and
utmost care is taken to ensure that each of the products undergoes stringent
quality test.
PACKAGING
Bikano has always been in the forefront in adopting new technology for its
products. Their state of the art canning and packaging technology ensures
that the products have a longer shelf life without losing their freshness.
The 3-ply laminate packaging extends the shelf life up to a year. It has
successfully adopted the system of Baby Carton and Master Carton to
facilitate the sale of items in Departmental Stores and Shopping Malls,
which are very popular in the Western Countries.
Even the highly perishable sweets are packaged in such a way that they have
a longer shelf life without losing their traditional taste.
QUALITY CONTROL
Every product that comes out of Bikano’s factory is passesthrough stringent
quality checks before it reaches the customers.
14
Their state of the art manufacturing process has been awarded ISO 9000:
2008 by UL India Ltd and they are also an HACCP and SQF 2000 CM
certified organisation by SGS India Ltd.
The Quality Assurance Department has world class testing facilities for
Colorimetric, Chromatographic, Chemical, Bacteriological and Physical
analyses thereby ensuring quality of raw material, packaging material,
packing material and finished goods.
The quality standards are at par with the requirements of FDA, and
Australian and New Zealand regulations. The demand for their products are
a testament to the quality standard held by Bikanervala.
15
PRODUCTS
16
Business Network
National Business
Bikano has always been a name to reckon with for its traditional Indian snacks like
namkeens, sweets, cookies and sherbets. With the advent of modern technology of
packaging, its products reached far and wide across India and became an instantly
popular. There is a stringent control on quality of each and every product that goes
out of its factory, which is why it has been awarded ISO 9001: 2000 by UL India
Ltd.
Also, it is one of the very first packaged food export house registered with the
government of India and it is one of the largest in its sector.
The snacks and savouries are packed in convenient sizes and can be brought at
affordable rates. Moreover, there are special gift packs, with assorted range of
sweets and namkeens for festivals and occasions that makes Bikano a perfect gift
item.
17
Its large distributor network across India ensures that the products reach every
nook and corner.
International Business
Traditionally, Bikano has always been well known for its exquisite Indian snacks
the world over. And it has been growing at an amazing 200% since past 2 years
which is a testament of its demand in the foreign countries. USA, Canada , UK ,
Germany , Australia , Singapore and Middle-East are few countries where their
products are in high demand.
Highest standards of quality are employed both during the production of their
snacks and savories. It is because of this reason, they have been awarded ISO
9001: 2000 by UL India Ltd. Bikano is also a HACCP and SQF 2000 CM certified
organization by SGS India Ltd. The quality standards are in line with the
requirements of FDA according to Australian and New Zealand regulations.
Bikano also has a large distributor network across the world, which ensures its
products get a wide reach.
18
OBJECTIVE OF THE RESEARCH
As per the requirement of the project questionnaires established direct contact with
the respondents for the purpose of my study, where the respondents were
customers.
Following are the objectives of the research:-
 To study various consumer behavior in the market of packaged food
products.
 To study the sensory evaluation of consumer for packaged food product.
 To check prime expectation from consumers by the manufacturing company.
 To check why does consumer buy any product on the basis of following
constraints and rate them priority wise Brand name, taste and quality, price
etc.
 To study the awareness of consumer for brands available in packaged food
product.
 To check the demand frequency of consumers.
 To study the purchasing behavior of consumer for packaged food.
19
LITERATURE REVIEW
After China, India is the second largest food producer in the world with the
potential of being the number one in the future. The recent surprising rise in the
packaged and processed foods demands noted mainly in the metropolises, are due
to a variety of reasons. The metropolises are the biggest consumer of packaged
food. This can be attributed to the drastic change in the lifestyle of the consumers
of packaged food in the metros. Prevalence of nuclear families, working parents,
bachelors refusing to eat out in the, who are mostly engaged in time pressured jobs
hardly have the time and expertise needed to cook a conventional meal, which has
affected their food habits in a major way. Packaged food is a smart solution which
saves both the time and rigors of cooking a conventional meal. Increasing health
awareness amongst the consumers also makes packaged food a ready preference
since packaged food contains ingredients such as herbs, vitamins, minerals, pro-
biotic and other essential nutrients.
Analyzing consumer behavior in context of new product launch for the packaged
food industry itself is a very important subject. The topic itself describes the
behavior of consumer at the time of selection of product variants from the huge
rack of product mix by different brands and segments. This is also related to the
purchasing behavior of the consumer.
Consumer decision-making can be defined as a mental orientation characterizing a
consumer’s approach to making choice. Intention to purchase depends on the
20
degree to which consumers expect the product to satisfy them, when they consume
it.
In this project we are considered to find out the consumer behavior towards the
brand of Bikano. By analyzing the consumer behavior towards brand, preference to
packaged product through questionnaire asking for the awareness towards brands,
loyalty to the brand, major influencers, and also about the ease of purchase.
21
RESEARCH METHODOLOGY
This section indicates what is to be researched and also shows which method is to be
adopted for the research methodology.
Problem Statement
“To study the consumer behavior in context of new product launch”
Introduction to Research:-
The following methodology will be used to state and justify the reason for using
the different methods selected for the research of the project. In order to achieve
the aims and objective of the study, it is very important that researcher should use
sound research tools and techniques and know how best to analyze the results.
Here, the combination of research methods has been utilized in gaining an insight
to a complex and changing area.
As in the research, the theory is already available about the consumer behavior for
the purchase decision by consumer by taking into consideration the price, quality
and the brand preference. Hence, the researcher has to find out the behavior of
consumer in context of new product launch by knowing the preference of the
consumer in the packaged food product market by comparing the prospect market
of the available competitors.
22
Research Design:-
This section carries out the topics such as research sector, research population and
instruments used for the research.
Research Sector
Researcher is going to carry out the research on the prospects of the packaged food
products because the research is aimed at the consumer behavior in context of new
product launch.
Research Population
Research population comprises of each and every person come under the terms
consumer and customer. They may be working persons, housewives, students and
impulsive buyers.
Research Instruments
Research instruments used to find out the solution of the research problem are:
1. Questionnaire
2. Sensory Evaluation form
Sampling Techniques
Random sampling method is used so each population can get equal and fair chance
of being selected.
Sample Size
Sample size taken for the study is 50+
23
Source of Data
As the project title itself describes the future aimed problem as the research is
conducted problem related to new product launch. Here in the survey primary
data is collected with the help of questionnaire method to get the main theme of
the project.
Method of Analysis
The raw data is not fruitful if it is not analyzed properly. There are various tools
available in the statistical field. Some statistical tools used for analyzing the data
are as follows:
Tabulation method
Graphical method
24
Data analysis
Q1. Do you purchase packaged food products?
Analysis :- It was found out from the survey that most of the
customers i.e. 88% of them are buyers of packaged food products. There
were also few customers about 12% who had not purchase packaged food
products. It shows us about percentage of prospects of packaged food in
overall market of food products.
Percentage
Yes
No
25
Q2. What are the reasons for purchasing packaged food products?
Analysis :- It was found out from survey that even though most of the
people are purchasing packaged food products because of this reason that the
products are easily available in the nearby shops, save time for preparation ,
Convenient to used for snacks ,ready available and some of the people purchasing
packaged food products for their satisfaction and for taste. Influence of friends and
relatives and family member preference has importance for very less people.
0% 5% 10% 15% 20% 25%
Ready Available
Taste
Liked by family members
Influence of friends and relatives
Easily available in the shops
Convenient to use for snacks
Satisfaction
Save time for preparation
26
Q3. Are you aware of following brands?
Analysis:- It was found out from the survey that people were very much aware
of Bikano, Haldiram’s, Pepsico and Parle where as they were not so much aware of
Bhagat’s and Fritolays.
0% 5% 10% 15% 20% 25% 30%
Bikano
Haldiram's
Pepsico
Fritolays
Parle
Bhagat's
27
Q4. Source of information for brand awareness
Analysis:- From the survey it was found out that 61% people are aware of
product because of television which is maximum among all other sources. So
marketing people in industry should knew about all aspects tools for television
advertising.
Television
Radio
Newspapers/Magazines
Friends/Relatives
Shopkeeper/Retailer
Window Display
28
Q5. Frequency of purchase
Analysis:- From the survey it was found that people mostly like to buy
packaged products twice in a week or whenever needed. They are followed by the
people who buy the product once in a week followed by daily buyers. People don’t
like to buy the packaged products fortnightly.
Daily
Twice in a week
Once in a week
Fortnightly
Whenever needed
29
Q6. Nature of purchase decisions
Analysis:- In the survey it was found out that people purchase namkeens
from whatever they saw displayed outside the shops . So the company should pay
special attention to supply chain management of namkeens. In case of sweets and
syrups it was generally a planed activity. But overall it is unplanned purchase
because of the lower price structure.
Impulsive by planned
purchase
Unplanned purchase
30
Q7. Place of Purchase
Analysis:
It was found that in the survey that lot of people likes to buy packaged food
product from its retail outlet rather than any super market or departmental store.
So for grabbing maximum number of customers a company should have lots of its
owned retail outlets.
0% 10% 20% 30% 40% 50%
Retail Outlets
Departmental Stores
Super Markets
31
Q8. Which brand do you prefer most?
Analysis:
It was found that in the survey most of people give their preference to Haldiram’s
followed by Pepsico and Bikano. Fritolays, Parle and Bhagat’s are less preferred
by the customers. So Bikano is already giving a good competition to major brands
like Haldiram’s and Pepsico and also has a lot of scope in the market.
Percentage
Bikano
Haldiram's
Pepsico
Fritolays
Parle
Bhagat's
32
Q9. Factors influencing to prefer a particular brand
Analysis:
It was found that any product most preferred because of its quality and taste
followed by its brand image. It may be possible that because of good income level
of people price do not have any effect on the product preference. Though brand
image has more effect rather than price but have not a good percentage to become
a common cause.
0% 5% 10% 15% 20% 25% 30% 35%
Price
Taste
Quality
Quantity
Brand Image
Long shelf life of product
33
Q10. What are the alternative purchase plan if prefer brand is not available?
Analysis:
It was found that large portion of the market will go for buying the product from
other shop if the prefers brand is not available on the shop. This shows the loyalty
of the customer towards the Bikano products.
Percentage
Go to other shop
Postpone the purchase
Buy other brand
Place order to get required
brand
34
CONCLUSION
Findings:
After analyzing the primary data which is collected from the sample with the help
of questionnaire and sensory evaluation form conclusion formed at this ground
that:
 Customer purchasing decision is mostly influenced by quality and taste of
the product in the area of study.
 Customer shows a very good loyalty towards brand of Bikano.
 Bikano has a very good scope in the future for becoming rank one brand in
the market of packaged food product.
 Customers are well aware of most of the brands.
 Bikano has less market share in against its major competitors Haldiram’s
and Pepsico.
Analysis of objective of study:
This section is prepared to know about the achievement of the primary
objectives which are carved before the execution of the study.
After the successful completion of the study it can be say that our all primary
objectives are fulfilled. The analysis of the questionnaire gives the following
answer to the primary objectives.
35
 This study tells that the consumer behavior at the market place as planned or
unplanned purchasing decision.
 The prime expectation of customer is to have quality and tasty products.
 Price does not matter to a consumer in the area of study. They are affected
by quality, taste and brand of the product.
 Consumers are well aware of the available brands into the market.
 Demand for packaged products are not too high neither too low in the area
of study.
Future Scope of Study:
This study tells the current situation of market and consumer behavior towards our
brand. Company can use this study for knowing its area of scope to grab prospects
customers who are consumers for other companies as well as customers who are
not using packaged products.
This project can also be used as to know the consumer expectation and will be used
for the improvement in the available products.
36
Limitations & Constraints
In the completion of the research work there are several limitations which are
bound the study work to some parameters.
 The Data regarding the study was not readily available in a concise manner;
therefore several approximations were required to be made.
 The recommendations made for future scope of study in the project are on
the basis of Analysis of Present Trends that may not become suitable on
implementation after few years.
 Experience of the Researcher will be lagging in the study that might have
made the study more analytical in nature.
 Time availability will be a major constraint since the study is required to be
prepared in time bound manner.
37
Suggestions
On the basis of findings from the research made there are some points on which the
company should take care of:
 Company should increase its product length in packaged food product.
 They should work on the improvement in the product quality and their unique
selling proposition.
 They should have increased their outlet chains to reach large number of
customers as the maximum buyers like to buy directly from the retail outlets.
38
Bibliography
Books:
Philip Kotler
References:
Ms. Sangeeta Goel (Manager, Marketing, Bikanervala)
Mr. Nagesh Mishra(Manager, Marketing, Bikanerwala)
Mr. Akash Singh Rajput(Trainee Manager, Bikanervala)
Websites:
www.bikanervala.com
www.businessline.com
39
Annexure
Questionnaire
Q1. Do you purchase packaged food products? Yes/No
Q2. What are the reasons for purchasing packaged food products?
Ready available
Taste
Liked by family
members
Influence of friends
and relatives
Easily available in the
shops
Convenient to used
for snacks
Satisfaction
Saved time for
preparation
Q3. Are you aware of following brands?
Bikano
Haldiram
Pepsico
Fritolays
Parle
Bhagat’s
40
Q4. Source of information for brand awareness
Television
Radios
News Papers/ Magazines
Friends/ Relatives
Shop keeper/ Retailer
Window Display
Q5. Frequency of purchase
Frequency
Daily
Twice in a week
Once in a week
Fortnightly
Whenever needed
Q6. Nature of purchase decisions
Impulsive by planned
purchase
Place of purchase
Q7. Place of purchase.
Retail Outlets
Departmental Stores
Super Markets
41
Q8. Which brands do you prefer most?
Brands
Bikano
Haldiram
Pepsico
Fritolays
Parle
Bhagat’s
Q9. Factors influencing to prefer a particular brand
Factors
Price
Taste
Quality
Quantity
Brand Image
Long shelf life of Product
Q10. What are the alternative purchase plane if prefer brand is not available?
Alternative Purchase plans Ranks
Go to other shop
Postpone the purchase
Buy other brand
Place order to get required brand
Any other
NAME:
CONTACT:

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Analysis of consumer behavior in context of new product launch

  • 1. ` SUMMER TRAINING REPORT ON ANALYZING CONSUMER BEHAVIOUR IN CONTEXT OF NEW PRODUCT LAUNCH FOR BY BHARAT SRIVASTAVA A-13 In Partial Fulfillment for the award of the degree Post Graduate Diploma In Business Management 2012-2014 NEW DELHI INSTITUTION OF MANAGEMENT F-13, Okhla Phase-1, New Delhi, Pin: 110020 E-mail: info@ndimedu.com Website: www.ndimedy.com
  • 2. 2 SUMMER TRAINING REPORT ON Analyzing consumer behavior In context of new product launch FOR Under the supervision of Ms. SANGEETA GOEL Mr. NAGESH MISHRA Submitted by- Submitted to- Bharat Srivastava Prof.Abha Grover A-13
  • 3. 3
  • 4. 4 ACKNOWLEDGEMENT “For any successful work, it owes its thanks to many” Hardwork, knowledge, dedication, and positive attitude all are necessary to do any task successfully but one ingredient which is also very important than others and at a time more important than others in co- operation and guidance of experts and experienced person. I am very grateful to Prof. Abha Grover (Marketing) who was my guide during the development of this project and it was her guidance and assistance which help me in completing my project and I am thankful for her support and friendly guidance. I would also like to express my heartful regards to my parents, my friends and company mentor & staff of Bikanervala Food Pvt Ltd and others who directly or indirectly help me a lot for the successful completion of my project report. So now where my training has been completed and my heart is full of gratification, so I cannot forgot to thanks the Almighty God. His blessings help me everywhere in my life. Thanks God…… (Bharat Srivastava)
  • 5. 5 DECLARATION I Bharat Srivastava student of New Delhi Institution of Management Batch(July2012-14) declare that every part of the Project Report Analyzing Consumer Behaviour in context of New Product Launch that I have submitted is my original work. I was in regular contact with the nominated faculty guide and contacted Prof. Abha Grover several times for discussing the project. Date of project submission:______________ (Bharat Srivastava) Faculty’s Comments : __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ _______ (Prof. Abha Grover)
  • 6. 6 TABLE OF CONTENTS Serial no. Particulars Page no. 1 ACKNOWLEDGEMENT 04 2 DECLARATION 05 3 EXECUTIVE SUMMARY 07 4 INTRODUCTION & COMPANIES PROFILE 08 5 OBJECTIVE OF THE RESEARCH 18 6 LITERATURE REVIEW 19 7 RESEARCH METHODOLOGY 21 10 OBSERVATIONS AND ANALYSIS 24 11 CONCLUSION 34 12 LIMITATIONS 36 13 SUGGESTIONS 37 14 BIBLIOGRAPHY 38 15 ANNEXURE 39
  • 7. 7 EXECUTIVE SUMMARY This research has been carried out for the achievement of the given aim to analyze consumer behavior in context of new product launch. For this a descriptive research has been carried out in delhi and NCR. A sample size of 50+ was selected through random sampling has at the Bikanervala outlet at Noida Sector-18. The primary data was collected to find out the solution to the problem and a suggestion has been withdrawn at the end of this project. The sample of 50+ consumers had been taken to fill the questionnaire. This survey had measured the analysis of consumer behavior towards packaged product at the company outlet. In this project customers gone through various sensory evaluation test organized by Bikanervala for consumers. The project also has the sensory evaluation of consumers for various brands as well as their average feedback score to the questionnaire in which they participated.
  • 8. 8 INTRODUCTION & COMPANY PROFILE BIKANERVALA Bikanervala is one of India's most prominent families in the business of traditional hospitality products like Sweets and Namkeens. Our forefathers devoted their lifetime in developing exclusive recipes which are now our proud family secrets. To this wealth of inherited knowledge our new generation has now added another dimension - Modern Technology. Today, BIKANERVALA FOODS PVT. LTD. is an ISO 9001:2000, HACCP and SQF 2000cm certified company with four modern manufacturing units in the National Capital Region and a chain of 101 outlets in India and abroad, serving vegetarian North Indian, South Indian, Continental, Chinese cuisine and Fast food along with a vast variety of traditional Indian sweets and snacks.
  • 9. 9 The traditional Indian sweet shop cum restaurant is an experience in itself. Here you can find the pleasure & warmth of traditional Indian Sweets, Namkeens, Chaat & Snacks and 100% pure Vegetarian multi cuisine restaurant which is served & delivered with passion and celebration. Bikanervala’s concept always has been to innovate and yet maintain the original flavour of traditional Indian food with primary focus on quality, hygiene and affordability. Customer satisfaction is like a religion at Bikanervala and that is why we have been able to keep our century old tradition alive. Bikanervala showrooms are located in India, Nepal, UAE & New Zealand.
  • 10. 10 BIKANO Bikano is our international brand of packaged Sweets, Namkeens, Papad and Sherbets, manufactured to the world standards of hygiene and quality. Bikano’s packaged products have always been a big hit with customers in both India and abroad. Their food products like namkeens, cookies and syrups have made it the most preferred in between meal snack all over the world. Bikano’s concept of constant innovation through the use of modern technology for packaging retains its original flavour for maximum time period. With this vast variety of finest packaged products one can always ready to celebrate a sweet moment , any time , any where. Bikano products are available in Bikanervala & Bikano Chat Cafe showrooms and in leading super markets and retail stores in India & abroad.
  • 11. 11 BIKANO CHAT CAFÉ Bikano Chat Café is a new age concept of Bikanervala aimed at establishing a strong network in the corporate and the retail segment. It is a chain of fast food restaurants and Tuck Shops serving traditional Indian Chat, Combo Meals, Burger, Pizza and Snacks in a modern hygienic enviornment.Their main focus has been to provide exquisitely packaged traditional food at an affordable price to wherever their customer groups are located, be it corporate houses, malls or even exhibition stalls. Their innovative menu and state-of-the-art manufacturing and delivery systems ensures original flavour from base-kitchen-to-customer. VISION To savour and share the century old culinary heritage of Bikanervala with ultimate taste and relishing freshness and ensuring superior customer experience by providing highest standards of product quality & service.
  • 12. 12 MANUFACTURING PRODUCTION Bikano prides itself in successfully integrating ultra modern technology to manufacture its traditional food products in their 5 factories across India. Their products are quite well known for being healthier than the oily snacks that are found outside since they are fried in machines which are programmed by Programmable Logic Controllers (PLC). They have always been in the forefront in pioneering new technology for modifying traditional sweet recipes of Kaju Burfi, Khoya Burfi, Patisa, Soan Papdi etc. to having a longer shelf life and exporting them abroad. PRODUCTION PACKAGING QUALITY CONTROL
  • 13. 13 They are specially packed under ambient conditions through an application called MAP (Modified Atmosphere Packaging). The canned food products are very popular amongst Indians abroad, and utmost care is taken to ensure that each of the products undergoes stringent quality test. PACKAGING Bikano has always been in the forefront in adopting new technology for its products. Their state of the art canning and packaging technology ensures that the products have a longer shelf life without losing their freshness. The 3-ply laminate packaging extends the shelf life up to a year. It has successfully adopted the system of Baby Carton and Master Carton to facilitate the sale of items in Departmental Stores and Shopping Malls, which are very popular in the Western Countries. Even the highly perishable sweets are packaged in such a way that they have a longer shelf life without losing their traditional taste. QUALITY CONTROL Every product that comes out of Bikano’s factory is passesthrough stringent quality checks before it reaches the customers.
  • 14. 14 Their state of the art manufacturing process has been awarded ISO 9000: 2008 by UL India Ltd and they are also an HACCP and SQF 2000 CM certified organisation by SGS India Ltd. The Quality Assurance Department has world class testing facilities for Colorimetric, Chromatographic, Chemical, Bacteriological and Physical analyses thereby ensuring quality of raw material, packaging material, packing material and finished goods. The quality standards are at par with the requirements of FDA, and Australian and New Zealand regulations. The demand for their products are a testament to the quality standard held by Bikanervala.
  • 16. 16 Business Network National Business Bikano has always been a name to reckon with for its traditional Indian snacks like namkeens, sweets, cookies and sherbets. With the advent of modern technology of packaging, its products reached far and wide across India and became an instantly popular. There is a stringent control on quality of each and every product that goes out of its factory, which is why it has been awarded ISO 9001: 2000 by UL India Ltd. Also, it is one of the very first packaged food export house registered with the government of India and it is one of the largest in its sector. The snacks and savouries are packed in convenient sizes and can be brought at affordable rates. Moreover, there are special gift packs, with assorted range of sweets and namkeens for festivals and occasions that makes Bikano a perfect gift item.
  • 17. 17 Its large distributor network across India ensures that the products reach every nook and corner. International Business Traditionally, Bikano has always been well known for its exquisite Indian snacks the world over. And it has been growing at an amazing 200% since past 2 years which is a testament of its demand in the foreign countries. USA, Canada , UK , Germany , Australia , Singapore and Middle-East are few countries where their products are in high demand. Highest standards of quality are employed both during the production of their snacks and savories. It is because of this reason, they have been awarded ISO 9001: 2000 by UL India Ltd. Bikano is also a HACCP and SQF 2000 CM certified organization by SGS India Ltd. The quality standards are in line with the requirements of FDA according to Australian and New Zealand regulations. Bikano also has a large distributor network across the world, which ensures its products get a wide reach.
  • 18. 18 OBJECTIVE OF THE RESEARCH As per the requirement of the project questionnaires established direct contact with the respondents for the purpose of my study, where the respondents were customers. Following are the objectives of the research:-  To study various consumer behavior in the market of packaged food products.  To study the sensory evaluation of consumer for packaged food product.  To check prime expectation from consumers by the manufacturing company.  To check why does consumer buy any product on the basis of following constraints and rate them priority wise Brand name, taste and quality, price etc.  To study the awareness of consumer for brands available in packaged food product.  To check the demand frequency of consumers.  To study the purchasing behavior of consumer for packaged food.
  • 19. 19 LITERATURE REVIEW After China, India is the second largest food producer in the world with the potential of being the number one in the future. The recent surprising rise in the packaged and processed foods demands noted mainly in the metropolises, are due to a variety of reasons. The metropolises are the biggest consumer of packaged food. This can be attributed to the drastic change in the lifestyle of the consumers of packaged food in the metros. Prevalence of nuclear families, working parents, bachelors refusing to eat out in the, who are mostly engaged in time pressured jobs hardly have the time and expertise needed to cook a conventional meal, which has affected their food habits in a major way. Packaged food is a smart solution which saves both the time and rigors of cooking a conventional meal. Increasing health awareness amongst the consumers also makes packaged food a ready preference since packaged food contains ingredients such as herbs, vitamins, minerals, pro- biotic and other essential nutrients. Analyzing consumer behavior in context of new product launch for the packaged food industry itself is a very important subject. The topic itself describes the behavior of consumer at the time of selection of product variants from the huge rack of product mix by different brands and segments. This is also related to the purchasing behavior of the consumer. Consumer decision-making can be defined as a mental orientation characterizing a consumer’s approach to making choice. Intention to purchase depends on the
  • 20. 20 degree to which consumers expect the product to satisfy them, when they consume it. In this project we are considered to find out the consumer behavior towards the brand of Bikano. By analyzing the consumer behavior towards brand, preference to packaged product through questionnaire asking for the awareness towards brands, loyalty to the brand, major influencers, and also about the ease of purchase.
  • 21. 21 RESEARCH METHODOLOGY This section indicates what is to be researched and also shows which method is to be adopted for the research methodology. Problem Statement “To study the consumer behavior in context of new product launch” Introduction to Research:- The following methodology will be used to state and justify the reason for using the different methods selected for the research of the project. In order to achieve the aims and objective of the study, it is very important that researcher should use sound research tools and techniques and know how best to analyze the results. Here, the combination of research methods has been utilized in gaining an insight to a complex and changing area. As in the research, the theory is already available about the consumer behavior for the purchase decision by consumer by taking into consideration the price, quality and the brand preference. Hence, the researcher has to find out the behavior of consumer in context of new product launch by knowing the preference of the consumer in the packaged food product market by comparing the prospect market of the available competitors.
  • 22. 22 Research Design:- This section carries out the topics such as research sector, research population and instruments used for the research. Research Sector Researcher is going to carry out the research on the prospects of the packaged food products because the research is aimed at the consumer behavior in context of new product launch. Research Population Research population comprises of each and every person come under the terms consumer and customer. They may be working persons, housewives, students and impulsive buyers. Research Instruments Research instruments used to find out the solution of the research problem are: 1. Questionnaire 2. Sensory Evaluation form Sampling Techniques Random sampling method is used so each population can get equal and fair chance of being selected. Sample Size Sample size taken for the study is 50+
  • 23. 23 Source of Data As the project title itself describes the future aimed problem as the research is conducted problem related to new product launch. Here in the survey primary data is collected with the help of questionnaire method to get the main theme of the project. Method of Analysis The raw data is not fruitful if it is not analyzed properly. There are various tools available in the statistical field. Some statistical tools used for analyzing the data are as follows: Tabulation method Graphical method
  • 24. 24 Data analysis Q1. Do you purchase packaged food products? Analysis :- It was found out from the survey that most of the customers i.e. 88% of them are buyers of packaged food products. There were also few customers about 12% who had not purchase packaged food products. It shows us about percentage of prospects of packaged food in overall market of food products. Percentage Yes No
  • 25. 25 Q2. What are the reasons for purchasing packaged food products? Analysis :- It was found out from survey that even though most of the people are purchasing packaged food products because of this reason that the products are easily available in the nearby shops, save time for preparation , Convenient to used for snacks ,ready available and some of the people purchasing packaged food products for their satisfaction and for taste. Influence of friends and relatives and family member preference has importance for very less people. 0% 5% 10% 15% 20% 25% Ready Available Taste Liked by family members Influence of friends and relatives Easily available in the shops Convenient to use for snacks Satisfaction Save time for preparation
  • 26. 26 Q3. Are you aware of following brands? Analysis:- It was found out from the survey that people were very much aware of Bikano, Haldiram’s, Pepsico and Parle where as they were not so much aware of Bhagat’s and Fritolays. 0% 5% 10% 15% 20% 25% 30% Bikano Haldiram's Pepsico Fritolays Parle Bhagat's
  • 27. 27 Q4. Source of information for brand awareness Analysis:- From the survey it was found out that 61% people are aware of product because of television which is maximum among all other sources. So marketing people in industry should knew about all aspects tools for television advertising. Television Radio Newspapers/Magazines Friends/Relatives Shopkeeper/Retailer Window Display
  • 28. 28 Q5. Frequency of purchase Analysis:- From the survey it was found that people mostly like to buy packaged products twice in a week or whenever needed. They are followed by the people who buy the product once in a week followed by daily buyers. People don’t like to buy the packaged products fortnightly. Daily Twice in a week Once in a week Fortnightly Whenever needed
  • 29. 29 Q6. Nature of purchase decisions Analysis:- In the survey it was found out that people purchase namkeens from whatever they saw displayed outside the shops . So the company should pay special attention to supply chain management of namkeens. In case of sweets and syrups it was generally a planed activity. But overall it is unplanned purchase because of the lower price structure. Impulsive by planned purchase Unplanned purchase
  • 30. 30 Q7. Place of Purchase Analysis: It was found that in the survey that lot of people likes to buy packaged food product from its retail outlet rather than any super market or departmental store. So for grabbing maximum number of customers a company should have lots of its owned retail outlets. 0% 10% 20% 30% 40% 50% Retail Outlets Departmental Stores Super Markets
  • 31. 31 Q8. Which brand do you prefer most? Analysis: It was found that in the survey most of people give their preference to Haldiram’s followed by Pepsico and Bikano. Fritolays, Parle and Bhagat’s are less preferred by the customers. So Bikano is already giving a good competition to major brands like Haldiram’s and Pepsico and also has a lot of scope in the market. Percentage Bikano Haldiram's Pepsico Fritolays Parle Bhagat's
  • 32. 32 Q9. Factors influencing to prefer a particular brand Analysis: It was found that any product most preferred because of its quality and taste followed by its brand image. It may be possible that because of good income level of people price do not have any effect on the product preference. Though brand image has more effect rather than price but have not a good percentage to become a common cause. 0% 5% 10% 15% 20% 25% 30% 35% Price Taste Quality Quantity Brand Image Long shelf life of product
  • 33. 33 Q10. What are the alternative purchase plan if prefer brand is not available? Analysis: It was found that large portion of the market will go for buying the product from other shop if the prefers brand is not available on the shop. This shows the loyalty of the customer towards the Bikano products. Percentage Go to other shop Postpone the purchase Buy other brand Place order to get required brand
  • 34. 34 CONCLUSION Findings: After analyzing the primary data which is collected from the sample with the help of questionnaire and sensory evaluation form conclusion formed at this ground that:  Customer purchasing decision is mostly influenced by quality and taste of the product in the area of study.  Customer shows a very good loyalty towards brand of Bikano.  Bikano has a very good scope in the future for becoming rank one brand in the market of packaged food product.  Customers are well aware of most of the brands.  Bikano has less market share in against its major competitors Haldiram’s and Pepsico. Analysis of objective of study: This section is prepared to know about the achievement of the primary objectives which are carved before the execution of the study. After the successful completion of the study it can be say that our all primary objectives are fulfilled. The analysis of the questionnaire gives the following answer to the primary objectives.
  • 35. 35  This study tells that the consumer behavior at the market place as planned or unplanned purchasing decision.  The prime expectation of customer is to have quality and tasty products.  Price does not matter to a consumer in the area of study. They are affected by quality, taste and brand of the product.  Consumers are well aware of the available brands into the market.  Demand for packaged products are not too high neither too low in the area of study. Future Scope of Study: This study tells the current situation of market and consumer behavior towards our brand. Company can use this study for knowing its area of scope to grab prospects customers who are consumers for other companies as well as customers who are not using packaged products. This project can also be used as to know the consumer expectation and will be used for the improvement in the available products.
  • 36. 36 Limitations & Constraints In the completion of the research work there are several limitations which are bound the study work to some parameters.  The Data regarding the study was not readily available in a concise manner; therefore several approximations were required to be made.  The recommendations made for future scope of study in the project are on the basis of Analysis of Present Trends that may not become suitable on implementation after few years.  Experience of the Researcher will be lagging in the study that might have made the study more analytical in nature.  Time availability will be a major constraint since the study is required to be prepared in time bound manner.
  • 37. 37 Suggestions On the basis of findings from the research made there are some points on which the company should take care of:  Company should increase its product length in packaged food product.  They should work on the improvement in the product quality and their unique selling proposition.  They should have increased their outlet chains to reach large number of customers as the maximum buyers like to buy directly from the retail outlets.
  • 38. 38 Bibliography Books: Philip Kotler References: Ms. Sangeeta Goel (Manager, Marketing, Bikanervala) Mr. Nagesh Mishra(Manager, Marketing, Bikanerwala) Mr. Akash Singh Rajput(Trainee Manager, Bikanervala) Websites: www.bikanervala.com www.businessline.com
  • 39. 39 Annexure Questionnaire Q1. Do you purchase packaged food products? Yes/No Q2. What are the reasons for purchasing packaged food products? Ready available Taste Liked by family members Influence of friends and relatives Easily available in the shops Convenient to used for snacks Satisfaction Saved time for preparation Q3. Are you aware of following brands? Bikano Haldiram Pepsico Fritolays Parle Bhagat’s
  • 40. 40 Q4. Source of information for brand awareness Television Radios News Papers/ Magazines Friends/ Relatives Shop keeper/ Retailer Window Display Q5. Frequency of purchase Frequency Daily Twice in a week Once in a week Fortnightly Whenever needed Q6. Nature of purchase decisions Impulsive by planned purchase Place of purchase Q7. Place of purchase. Retail Outlets Departmental Stores Super Markets
  • 41. 41 Q8. Which brands do you prefer most? Brands Bikano Haldiram Pepsico Fritolays Parle Bhagat’s Q9. Factors influencing to prefer a particular brand Factors Price Taste Quality Quantity Brand Image Long shelf life of Product Q10. What are the alternative purchase plane if prefer brand is not available? Alternative Purchase plans Ranks Go to other shop Postpone the purchase Buy other brand Place order to get required brand Any other NAME: CONTACT: