A study on the consumer awareness of Baby Food products marketed by Nestle India
limited in Balasore Dist..
(A survey in Balasore Town)
study conducted at Balasore.
Submitted by; Guided by;
Mahamaya Jena. Mr. Abhijit Sen.
MSM,IIIrd Semester Joint- Director
RollNo.- 472020C05004 Sharpmind, Balasore
HEMEEKSHA PATEL
Roll No. 11C52040
Hons. Marketing
+3,3rd Year Commerce
DECLARATION
This project report has designed to provide an overall idea of the market.
It is very necessary for every company to know with the market person in the
market and how it airs value to its customers at their amount level of
satisfaction.
For preparing this report the researches offered their maximum effort to
find out old related data and to give suggestion which will not fulfill but also the
winning key for the company as they have looked the market from very close
angle and got the overall idea of the food product industry.
CHAPTR-2
Of the study
Scope of the study
Methodology
limitation
CHAPTER-3
Data Analyzing and Interpretation
Nestle India Ltd at a Glance
History and Growth
Nestle Management
Product ranges of Nestle of Nestle India
Factors influencing buying behaviour
CHAPTER-4
Summary Of Findings
CHAPTER-5
Suggestion
Conclusion
BIBLIOGRAPHY
ANNEXURE
INTRODUCTION
As the study quite clearly, it is concern with the consumer behavior. The
consumer behavior is consumer display in searching for purchasing, wing,
evaluation and disposing of products, service. The study of consumer behavior is
not deal with what the consumer buy but why the consumers buy.
Customer is the king of the market and the important thing is to forecast
where these customers are moving and to be in front of them. According to the
famous markting man “Philip Kolter” it is no longer enough to satisfy target
customers needs and wants. The fields of consumer behaviour studies how
individuals and organization selects buy use and dispose of goods service, ideas
on experiences to satisfy them needs and desires. Understandings consumer
behaviour and knows customers are never simple. They may one thing but do
another. They may be in touch on their deepen emotions and motivation. They
may responds to influence and that change their mind at studying customer
provided clues for developing new products, product features, price, channels
massages and marketing mix elements.
OBJECTIVE OF THE STUDY
To cover this aspect following area has been brought under the scope of the
study.
Data Collection:-
The task of data collection begins out after a research has been defined
and research design chalked out. With out a correct data a careful analysis is not
possible.
SECONDARY DATA COLLECTION METHODS
Secondary data are collected mainly from office records, files, previous
reports and information brochures.
Sampling:-
It means selection of sample form a given universe and sample refers to
the selection of few units if the universe quit of the data can be collected quickly
and cheaply in time with the adequate accuracy from sample of the universe.
Tools Used for analysis:-
The data gathered from different source one presented in order to
facilitate a comparative picture to study the core objectives of the study.
Responses are taken in to account while going in to statistical details and an
analytical analysis of data.
The tools that have been for analyzing data and interferer drawn are
mainly statistical tools like percentage, ranking method, average graphs and
Likert scale.
In order to extract meaningful information from the data collected the data
analysis is carried out. The data analysis is the final step in the research process.
The data are first edited , coded and tabulated for the purpose of analyzing them.
The analysis basically aimed at giving interference of association or differences
between the various variable present in the research. The analysis can be
conducted by using statistical tools like percentage, Average R measures of
dispersion, RD graphs, Pi –diagrams and histograms for analysis.
In this study to get a vivid picture about the awareness of the consumer
towards the Nestle products. 25 questionnaire are distributed among the sample
responded and in form action collected are analyzed in table.
TABLE-1
Heard the name of Nestle company No. of Respondent % of Respondent
Yes 16 64%
No 9 36%
As evident from the table -1 the highest no that is 64% of respondent are
aware about Nestle company and 36% of respondent are doubtful case towards
knowing the Nestle company’s product
TABLE-2
When the customer are asked about the product of Nestle company 60%
of the respondents are able to recollect the product line of Nestle company.
TABLE-3
From the above table to see that minimum consumer of the baby product
segement of Nestle are using Lactogen brand and cerelac brand .
TABLE-4
The above table shows that maximum respondent that is 88% use
Lactogen for their baby food and 64% of respondent revels that they use Cerelac
for the same.
TABLE-5
It is found crystally clears from the table-5 that 965 of the respondent
prefer Nestle company product for their baby food in the survey area.
TABLE-6
Know about Nestle Product No .of Respondent % of Respondent
Through Friends 7 28%
Through News Papers Adv. 5 20%
Through Market 13 52%
Any Other Source 0 0%
TABLE -8
When the respondent are asked about the price of the product , the
respondent are reacted that the Nestle product price is cheaper and fair (44% &
40%) .
The Nestle company bears the name of a real man : Henri Nestle. The
company trade mark of birds in a nest, derived from his personal coat of arms,
evokes the values of securities, maternity and affection, nature and nourishment,
family and tradition. To day, it is not only the central element of Nestles
corporate identity but serve to define the company’s products, responsibilities,
business practices, ethics and goals.
The company was founded in1867 on the source of lake Geneva in Vevey,
Switzerland and its first product was “FerineLactee Nestle”,an infant
nutrition’s .From its first historic merger with the Anglo-Swiss Condensed Milk
company in 1905, Nestle has grown to become the worlds largest and most
diversified food company , and is about twice the size of its nearest competitors
in the food and beverages sector.
In 2001, Nestle had 229, 765 employees world wide , operated 468
factories in 84 countries, spent over U.S $650 million on research and
development and offered over 8000 products to millions of consumer
universally . The company’s transparent business practices, pioneering
environment policy and respect for the fundamental values of different cultures
have earned it an available place in the country’s it operates in. Nestle activity
contribute to and nurture the sustainable economic development of people,
communities and nations. Above all, Nestle is dedicated to bringing the joy of
‘Good Food, Good Life ’to people through out their lives , through out the world
.
Nestlé’s relationship with India dates back to 1912, when it began trading
as the Nestle and Anglo- Swiss condensed Milk Company (Export) limited,
importing and selling finished products in the Indian market. If their s one word
that encapsulates Nestlé’s nine decades in India, it is the world ‘trust ’.
After India’s independence in1947, the economic policies of the Indian
Government emphasized the need for local production. Nestle respondent to
India’s aspirations by forming a company in India and set up its first factory
in1961 at Moga, Punjab, where the Government wanted Nestle to develop the
milk economic. Indeed, when the first tins of sweetened condensed milk were
produced at the plant in 1961, they were the first symbolic fruits of Nestlé’s
commitment to India. A commitment that resulted in an abiding trust between
the Company and the people of India.
1944-1975
The end of World War-2 was the beginning of the dynamic phase for
Nestle Growth accelerated and companies were acquired. In1947 came the
merger with Maggie seasonings and Soups. Crosse and Back well followed
in1960s, as deed find us (1963), Libby’s (1971) and Stouffer’s (1973).
Diversification came with a share holding in L’Oreal in 1974.
1975-1981
Nestlé’s growth in developing world partially offset a slowdown in the
company’s traditional markets. Nestle made its second venture outside the food
industry by acquiring Alcon Laboratories Inc.
NESTLE MANAGEMENT
Chairman of board and chief executive Officer, Executive vice President,
Pharmaceutical and Cosmetic Products, Liaison with L’Oreal, Human
Resources, Corporate Affairs, Executive Vice President, Chief Technology
Officer , Executive vice president Asia, Oceania, Africa, Executive Vice
President United States of America, Canada, Latin America, Caribbean, Deputy
executive Vice President, Head of food services Strategic Business Division,
Senior Vice President, Corporate Governance and Compliance.
Favorable for Nestle: Trade barrier crumbled and world market developed
in to more or less integrate trading areas. Since 1996 there have been acquisition
including San Pellegrino (1997), Spillers Pet foods (1998) and Ralston Purina
(2002).
BREAKFAST CEREALS:-
Although Cereals have been with man kind in one form or another for
millennia, it was not until the mid 19 th century that scientific research,
technological innovations, and the influence of a group of America health
reformers, gave rise to the crunchy food stuff we know to day as breakfast
cereals .
Nestle has a joint venture with General Mills out side North America,
Cereal Partners World Wide, Which is active in more than 80 countries .
ICE-CREAM:-
There are many myths and stories as to the invention of
ice cream was it Macro Polo who brought it back from
China(along with pasta)? Probably not , considering he most
likely visited China.
BABY FOODS:-
The production of infant food goes right back to origins of the Nestle
company.
Henri Nestlé’s ‘Farine Lactee’ was the first product to bear the Nestle
name. In 1867, a physician persuaded Heneri Nestle to give his product to an
infant who was very-ill, he had been born prematurely and was refusing his
mother’s milk and all other type of nourishment. Nestlé’s new food worked, and
the boy survived. From the beginning, Nestlé’s product was never intended as a
competitor for mother milk. In 1869, he wrote: “During the first months, the
mother’s milk will always be the most natural nutrient, and every month able to
do so should herself suckle her children,” The factor that made baby foods
success in the early days of the Nestle Company-quality and superior nutritional
value are still as valid today for the wide range of infant formula, cereals &baby
food made by Nestle. The world health Organization (WHO)recognized that
there is a legitimate market.
FACTORS INFLUNCING BUYING BEHAVIOUR
CULTURAL FACTORS
Cultural subculture and social class are particularly important in buying
behaviour.
CULTURE
Culture is the most fundamental determinant of a persons and want and
behaviour. The growing child acquires a set value.
SUB CULTURAL
Each culture consists of smaller sub culture that provides more specific
identifications and socialization for their members. Subcultures include and
nationalities, religious racial groups, and geographic regions.
SOCIAL CLASS
Virtually all-human societies exhibit social stratification some times takes
the from of a caste system where the members of different culture are reared for
contain roles and can not change their caste membership.
Social classes do not reflects income alone, but also other indicator such as
occupation, education and area of residence.
SOCIAL FACTOR
In addition to the cultural factors a consumer behaviour is influenced by
such social factors of reference groups gamily and social roles and statues.
REFERENCE GROUP
A persons reference group consists of all the groups that have a directs or
indirect influences on the persons attitude or behaviour. Group having a direct
influence on a person are called member group.
References group expose an individual to now behaviour and life styles.
They influence attitude and self-concept and they create pressures for
conformity that may affect actual product and brand choice.
PSYCHOLOGICAL FACTOR
Persons buying choices are influenced by four major psychological
factors motivation Perception learning believer and attitudes.
MOTIVATIONS
A person has many needs at any given time. Some needs are bioorganic.
They arise from physical status of tension such as hunger, thirst & discomfort.
Other needs are psychogenetic esteem on belonging.
PERCEPTION
Perceptions depend not only on the physical stimuli but also on the
stimulus relation to the surround and on the physical stimulus but also on the
stimulus relation to the surrounding and on condition & within the individual in
the key word in the definition of perception.
LEARNING
Learning involves changed in an individuals behaviour arising for
exercise. Most human behaviour is learned. Learning theorist believe that
learning in product through the interplay of drives stimulus responses and
reinforcement.
BUYING BEHAVIOUR
Assail distinguished four type of consumer buying behaviour based on the
degree of differences among brands.
From the survey it is found that 64% of the respondent thinks that they are
well aware about the products .But36% of the respondent are still unaware
about the Nestle Baby food product.
From the research study it has been found that the maximum respondents
are using Lactogen, Cerelac, and Maggi for their baby food now.
Again the research study revels that maximum consumer are informed
about the Nestle baby product through the market as well as from the
friend and news paper.
Again the research also reveals that the consumer have rated the quality of
Nestle baby product excellent and good.
It is also revels from the study that the prices of the Nestle baby product
are cheaper and fair.
Again the research study also shows that the availability problems of
Nestle Baby product are negligible.
Behavior of the distributors of Nestle Baby products are good enough in
Balasore market.
It is also found from the research study that the assistance provided by the
company to the consumer is not up to mark as per as the expectation of
the customer is concerned.
SUGGESTION
As seen from the analysis few customer are unaware about the Nestle Baby
product, the marketer should promote some awareness generation program to
boost up sales.
The marketer should improve distribution systems of few brands of baby
product like Lactogen, Cerelac and Maggie as their most use by the
consumer.
Company should organized certain program with customer and dealer which
will direct get feed back of the customer towards their brand that will make
to them to prepare certain strategy to develop the market.
The company should some promotional strategy like news paper ,
advertisement and T.V advertisement to develop more interest among the
customer of Baby products.
The company should give more attraction to wards the price at the retailer
and consumer level.
The company should provide more assistance to the customer in the Balasore
market to improve the market share.
The company should try to make a product supply of Nestle products to
eliminate the availability of those products.
To create grater awareness in the Rural area through demonstration or
generation awareness program.
CONCLUSION
From the research it concluded that Nestle baby product is the brand
leader and it has to maintain its brand leadership in Balasore. A constant
marketing of environment and preparing strategies to meet the challenges of
environment will go in along way to improve the position of Nestle Baby food
products.
BIBILOGRAPHY
BOOKS
MAGAZINES
Business world
Indian today.
Out look
INTERNET
www.nestle.com
Sri Rabindra Mohanty