107110592123 HARDIK SHAH

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    A

    COMPREHENSIVE PROJECT REPORT

    ON

    IMPACT OF ADVERTISEMENT ON BRAND PROMOTION OF

    PARACHUTE COCONUT HAIR OIL

    Submitted to

    Dr. J. K. Patel Institute of Management- MBA

    INSTITUTE CODE 711

    IN PARTIAL FULFILLMENT OF THE

    REQUIREMENT OF THE AWARD FOR THE DEGREE OF

    MASTER OF BUSINESS ASMINISTRATION

    Under

    Gujarat Technological University

    UNDER THE GUIDANCE OF

    Faculty Guide Firm Guide

    Mr.santanu chratvati Mr. Niraj Joshi (Director)

    Submitted by

    HARDIK M SHAH

    Enrollment No: 107110592123

    M.B.A, SEMESTER Second

    Dr.J.K.Patel Institute of Management- MBA

    M.B.A PROGRAMME

    Affiliated to Gujarat Technological University Ahmedabad

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    A

    COMPREHENSIVE PROJECT REPORT

    ON

    IMPACT OF ADVERTISEMENT ON BRAND PROMOTION OF

    PARACHUTE COCONUT HAIR OIL

    Faculty Guide Firm Guide

    Mr.santanu chratvati Mr. Niraj Joshi (Director)

    Submitted by

    HARDIK M SHAH

    Enrollment No: 107110592123

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    College certificate

    Dr. J. K. Patel Institute of Management

    CERTIFICATE

    This is to certify that Mr/Ms____________ & Mr/Ms____________, students of

    Master of Business Administration (Batch 2010-2012) at Dr. J. K. Patel Institute of

    Management, Vadodara have undertaken a Project Titled _____________ in

    partial fulfillment of 2 years full time MBA programme of Gujarat Technological

    University, Ahmedabad. The Summer Internship Project has been undertaken

    under the guidance of Prof.___________, faculty of Dr. J. K. Patel Institute of

    Management.

    This is also to ascertain that this project has been prepared only for the award ofMaster of Business Administration degree and has not been submitted for any

    other purpose.

    Prof. Dr.Abhijeet Chatterjee

    Faculty Guide Director

    Date:

    Place:

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    CERTIFICATE OF THE COMPANY

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    DECLARATION

    I, Hardik M Shah undersigned, hear by declare that the report for Summer Training Project of

    IMPACT OF ADVERTISEMENT ON BRAND PROMOTION OF PARACHUTE

    COCONUT HAIR OIL written and submitted by us to the Gujarat technology university,

    in partial fulfillment of the requirement for the award of degree of Master Of Business

    Administration under the guidance ofProf. Mr. Santanu Chratvati is our original work and

    the conclusions drawn therein are based on the material collected by us.

    Place:

    Date:

    HARDIK M SHAH

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    ACKNOWLEDGEMENT

    I realize that in this world everybody want to sharpen his own axe with great pleasure and a deep

    sense. I would like to thank all the concerned facilities, authorities of INGEN

    ADVERTISEMENT and those who directly or indirectly help me.

    I would like thank out HOD and our other respected faculty member taking keen interest in our

    project. Specially thank our project guide MR.Santanu Chratvati who helped me in selection

    of topic and guide me during training and project preparation.

    At last, but not least I would like to thank all the staff of INGEN ADVERTISEMENT they

    have rectified my mistake make me more understand. Without their contribution of time and

    knowledge I might be not have an experience in such an institute. Management persons have also

    taught me practical working system of marketing department. My research could not have been

    successful without their positive support at each and every step has enabled me to reach this

    stage of knowledge and experience.

    I have made all kind of endeavors to take the opportunity that knocked any door and make best

    use of it to enhance my know how before entering into the real.

    HARDIK M SHAH

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    PREFACE

    The essential thing in education is not the doctrine taught but the arousing of the mind and heart

    and discipline of will.

    Today due to liberalization, privatization, globalization and industrialization the need but well

    skilled and experience managerial personnel is increase Diem per Diem in the era only

    theoretical knowledge is not enough you must have practical know how also. To fulfill this need

    M.B.A programmer came into existence theoretical as well as practical touch out university also

    made fruitful efforts by installing comprehensive study in its curriculum.

    In the university every M.B.A student has to go undergo for project study on the subject in 2nd

    semester and have to prepare report on that unit for that I have chosen INGEN

    ADVERTISEMENT at VADODARA. The main purpose of this SIP is to make students find

    out real problem and offer solution.

    During my learning process I really found myself closer to practice going on in the INGEN

    ADVERTISEMENT, in marketing department as part of management. I have tried by best to

    utilize this time & bring something productive, which can be also be helpful to organization.

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    EXECUTIVE SUMMARY

    Analyzing the markets of Vadodara.

    Conducting Impact Of Advertisement On Brand Promotion Of Parachute Coconut

    Hair Oil survey of Parachute Hair Oil in the markets of Vadodara which revealed

    that Parachute Hair Oil has high awareness level among people.

    Analyzing the brand loyalty of customers in the market of Vadodara which shows

    people here are frequent brand switchers and look for a different brand most of the

    time.

    Analyzing the recognition & recall ability of customer for Parachute hair oil which

    shows that most of the people identify the product with its name in the retail store

    while majority of people like its color in the advertisement of Parachute Hair Oil.

    Analyzing the most preferred media to promote the product which showed that

    most of the people like seeing the advertisement of Parachute Hair Oil on T.V.

    while few people like to see it on Internet, Billboards & Newspapers.

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    INDEX

    SR. NO. PARTICULARS PAGE NO.

    1 COVER PAGE -

    2 TITLE PAGE -

    3 CERTIFICATE OF THE COMPANY -

    4 INDEX/TABLE OF CONTENTS -

    5 LITERATURE REVIEW 14

    6 OBJECTIVE OF THE STUDY 24

    7 INTRODUCTION OF THE PROJECT 24

    8 DATA ANALYSIS 35

    9 FINDINGS & OBSERVATIONS 55

    10 LIMITATIONS OF THE STUDY 57

    11 SUGGESTIONS 58

    12 CONCLUSION 59

    13 BIBLIOGRAPHY 60

    14 ANNEXURE 61

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    INDEX OF FIGURES

    SR. NO. PARTICULARS PAGE NO.

    1 Figure showing the frequency distribution of

    gender of the respondents.

    35

    2 Figure showing the frequency distribution of age

    of the respondents.

    36

    3 Figure showing the frequency distribution of level

    of income of the respondents.

    37

    4 Figure showing the frequency distribution ofoccupation of the respondents.

    38

    5 Figure showing the frequency distribution of

    years of experience of the respondents in using

    the Parachute Coconut Hair Oil.

    39

    6 Figure showing the frequency distribution of

    educational qualification of the respondents.

    40

    7 Figure showing the frequency distribution of

    respondents awareness about Parachute Hair Oil.

    41

    8 Figure showing the frequency distribution of

    responses on media that respondent came across

    the Parachute Hair Oil advertisement.

    42

    9 Figure showing the frequency distribution of

    response on media that advertises Parachute Hair

    Oil is the most attractive and convenient.

    43

    10 Figure showing the frequency distribution of

    responses on observing the Parachute Hair Oil

    advertisement on T.V.

    44

    11 Figure showing the frequency distribution of

    responses on preferring most in the TV

    45

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    advertisement of Parachute Hair Oil.

    12 Figure showing the frequency distribution of

    responses on advertisement message is

    understandable.

    46

    13 Figure showing the frequency distribution of

    responses on advertisement seems realistic and itsmessage is relevant.

    47

    14 Figure showing the frequency distribution of

    responses on effect of advertisement on

    purchasing the product.

    48

    15 Figure showing the frequency distribution of

    responses on brand ambassador of Parachute Hair

    Oil.

    49

    16 Figure showing the frequency distribution of

    respondents observation on print advertisement

    of parachute Hair Oil.

    50

    17 Figure showing the frequency distribution of

    respondents liking factor in the advertisement of

    the Parachute Hair Oil.

    51

    18 Figure showing the frequency distribution of

    respondents preference for different brands while

    purchasing product in retail store.

    52

    19 Figure showing the frequency distribution of

    respondents identification about Parachute Oil.

    53

    20 Figure showing the frequency distribution of

    respondents preference of Parachute Coconut

    Hair Oil over other competitors product.

    54

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    INDEX OF TABLES

    SR. NO. PARTICULARS PAGE NO.

    1 Table showing the frequency distribution of gender of

    the respondents.

    35

    2 Table showing the frequency distribution of age of the

    respondents.

    36

    3 Table showing the frequency distribution of level of

    income of the respondents.

    37

    4 Table showing the frequency distribution of occupation

    of the respondents.

    38

    5 Table showing the frequency distribution of years of

    experience of the respondents in using the Parachute

    Coconut Hair Oil.

    39

    6 Table showing the frequency distribution of educational

    qualification of the respondents.

    40

    7 Table showing the frequency distribution of

    respondents awareness about Parachute Hair Oil.

    41

    8 Table showing the frequency distribution of responses

    on media that respondent came across the Parachute

    Hair Oil advertisement.

    42

    9 Table showing the frequency distribution of response on

    media that advertises Parachute Hair Oil is the most

    attractive and convenient.

    43

    10 Table showing the frequency distribution of responses

    on observing the Parachute Hair Oil advertisement on

    T.V.

    44

    11 Table showing the frequency distribution of responses

    on preferring most in the TV advertisement of Parachute

    45

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    Hair Oil.

    12 Table showing the frequency distribution of responses

    on advertisement message is understandable.

    46

    13 Table showing the frequency distribution of responses

    on advertisement seems realistic and its message is

    relevant.

    47

    14 Table showing the frequency distribution of responses

    on effect of advertisement on purchasing the product.

    48

    15 Table showing the frequency distribution of responses

    on brand ambassador of Parachute Hair Oil.

    49

    16 Table showing the frequency distribution of

    respondents observation on print advertisement of

    parachute Hair Oil.

    50

    17 Table showing the frequency distribution of

    respondents liking factor in the advertisement of the

    Parachute Hair Oil.

    51

    18 Table showing the frequency distribution of

    respondents preference for different brands while

    purchasing product in retail store.

    52

    19 Table showing the frequency distribution of

    respondents identification about Parachute Oil.

    53

    20 Table showing the frequency distribution of

    respondents preference of Parachute Coconut Hair Oil

    over other competitors product.

    54

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    LITERATURE REVIEW

    Review of Literature is concerned with the systematic gearing of information. Its purpose is to

    understand the similar studies done before. It provides further insight into the subject matter of

    study. Review of other studies facilitates a framework for understanding the previous work done

    and thus opening newer areas of exploration for advancing the knowledge in the area under the

    study.

    Keeping this in mind, I present my chapter on Review of Literature, which attempts to view

    various studies previously conducted in the area of Impact of Advertising on Brand Promotion.

    ABOUT FMCG SECTOR IN INDIA

    Markets all over the world have been on a roll in 2003 and the Indian bourses are no exception

    having gained almost 60% in 2003. During this period, while there are sectors that have

    outperformed this benchmark index, there are also sectors that have underperformed. FMCG

    registered gains of just 33% on the BSE FMCG Index last year. At the macro level, Indian

    economy is poised to remained buoyant and grow at more than 7%. The economic growth would

    impact large proportions of the population thus leading to more money in the hands of the

    consumer. Changes in demographic composition of the population and thus the market would

    also continue to impact the FMCG industry. According to a survey by 2013, Indians under 20 are

    estimated to make up 33% of the population - and wield proportionately higher spending power.

    Means, companies that are able to influence and excite such consumers would be those that win

    in the market place The Indian FMCG market has been divided for a long time between the

    organized sector and the unorganized sector. While the latter has been crowded by a large

    number of local players, competing on margins, the former has varied between a two-player-

    scenario to a multi-player one.

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    Unlike the U.S. market for fast moving consumer goods (FMCG), which is dominated by a

    handful of global players, India's Rs.460 billion FMCG market remains highly fragmented with

    roughly half the market going to unbranded, unpackaged home made products. This presents a

    tremendous opportunity for makers of branded products who can convert consumers to branded

    products. However, successfully launching and growing market share around a branded product

    in India presents tremendous challenges. Take distribution as an example. India is home to six

    million retail outlets and super markets virtually do not exist. This makes logistics particularly

    for new players extremely difficult. Other challenges of similar magnitude exist across the

    FMCG supply chain. The fact is that FMCG is a structurally unattractive industry in which to

    participate. Even so, the opportunity keeps FMCG makers trying.

    1. STRUCTURAL ANALYSIS OF FMCG INDUSTRY

    1. The products often cater to 3 very distinct but usually wanted for aspects - necessity,

    comfort, luxury. They meet the demands of the entire cross section of population. Price

    and income elasticity of demand varies across products and consumers.

    2. Individual items are of small value (small SKU's) although all FMCG products put

    together account for a significant part of the consumer's budget.

    3. The consumer spends little time on the purchase decision. He seldom ever looks at the

    technical specifications. Brand loyalties or recommendations of reliable retailer/ dealer

    drive purchase decisions.

    4. Limited inventory of these products (many of which are perishable) are kept by consumer

    and prefers to purchase them frequently, as and when required.

    5. Brand switching is often induced by heavy advertisement, recommendation of the retailer

    or word of mouth.

    2. MARKETING AND DISTRIBUTION

    1. High Initial Launch Cost - New products require a large front-ended investment in

    product development, market research, test marketing and launch. Creating awareness

    and develop franchise for a new brand requires enormous initial expenditure on launch

    advertisements, free samples and product promotions. Launch costs are as high as 30-

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    100% of revenue in the first year. For established brands, advertisement expenditure

    varies from 3 - 12% depending on the categories.

    2. Limited Mass Media Options - The challenge associated with the launch and/or brand-

    building initiatives is that few no mass media options. TV reaches 67% of urban

    consumers and 33% of rural consumers. Alternatives like wall paintings, theatres, video

    vehicles, special packaging and consumer promotions become an expensive but requiredactivity associated with a successful FMCG.

    3. Huge Distribution Network - India is home to six million retail outlets, including 2

    million in 3,160 towns and four million in 627,000 villages. Super markets virtually do

    not exist in India. This makes logistics particularly for new players extremely difficult. It

    also makes new product launches difficult since retailers are reluctant to allocate

    resources and time to slow moving products. Critical factors for success are the ability to

    build, develop, and maintain a robust distribution network.

    3. COMPETITIONS

    1. Significant Presence of Unorganized Sector - Factors that enable small, unorganized

    players with local presence to flourish include the following:

    2. Basic technology for most products is fairly simple and easily available.

    3. The small-scale sector in India enjoys exemption/ lower rates of excise duty, sales tax etc.

    This makes them more price competitive vis--vis the organized sector.

    4. A highly scattered market and poor transport infrastructure limits the ability of MNCs

    and national players to reach out to remote rural areas and small towns.

    5. Low brand awareness enables local players to market their spurious look-alike brands.

    4. PROBLEMS PRESENT IN THE SECTOR

    1. Low education level.

    2. Less developed infrastructure.

    3. In rural markets, brands are non-existent.

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    They identify FMCG by three things -primarily by color, visuals of animals and birds

    and by numbers. So a 333, 777, pile hathi, lal saboon - these are the kind of terms with

    which they identify brands. They buy those three things: colors, numbers and visuals.

    There are number of cases which suggest that to sell brands in the rural market, it is

    necessary to simultaneously educate the consumers. For example, villagers were found

    using shampoo for brushing teeth, toothpaste for washing hair, and these are real life

    examples, not stories being created. They dont know what these shampoo sachets stand

    for. So if you have to create brand communication, marketing efforts must be supported

    by education.

    4. Longer credit period requirement.

    5. We need a set of people who understand the ethos of the rural market - people who

    understand the social fabric, who understand how the rural consumer interacts with the

    various categories because we believe that we do need a different level of understanding

    for tackling this market.

    6. Rural retailers are far less specialized than their urban counterparts and carry a wider

    range of products. Since frequent delivery is not possible in their part of the world, they

    tend to carry only a single brand in each product category. And, usually, the brands that

    are first on the rural shelves become synonymous with product category and are difficult

    to dislodge.

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    5. INDIAN HAIR OIL & HAIR CARE MARKET SIZE IN RUPEES

    STATISTICAL STUDY OF FMCG SECTOR IN INDIA

    1. There are 600,000 villages in India. 23% of all villages account for 63% of the total ruralpopulation. So you can contact 63% of 680 million or 700 million population by simply

    contacting 130000 villages - thats a very large market

    2. Since this theoretically constitutes a huge market potential, marketers will tend to throw

    in their hooks to catch the fish. Now with the urban demand hitting the plateau, rural

    markets are gaining more importance and we cannot ignore it.

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    3. What has happened from 1990 onwards is that advertisers spent a lot of on and by default

    they covered some rural markets as well. As a bonus, these advertisers started getting

    certain returns from the rural market - bonus of investment, which they had actually made

    for the urban market

    4. What marketers and advertisers are today worried about is how to develop a scalable

    model of influencing the rural consumers mind over a large period of time and keep itgoing, given limited or reasonable budgets to make this happen.

    5. Many companies are entering to the rural market and the potential of the market

    encourage me to do project work in the rural market.

    6. If we go by statistics, roughly around 73% of the Indian population lives in the rural

    areas. Thats almost 12% of the world population.

    7. Hindustan Levers sales turnover in rural market alone is over five thousand Crores -

    thats a whopping fifty percent of the total sales turnover. So we can imagine how much

    potential the rural market has.

    8. To get the maximum out of this opportunity, all organization needs to plan strategically.

    BCG MATRIX

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    BCG MATRIX OF MARICO

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    1. STAR:-

    The first point in BCG Matrix is Star. It is represented by a SBU or a product having high

    relative market share and high market growth rate. It need capital over and above its cash flow to

    maintain its market share. However in may be self sustained in terms of cash flow when it is

    established and beginning to mature ultimately it becomes cash cow, on maturity, because it

    cannot absorb further cash. It cannot absorb further cash; it provides cash for growing stars.E.G.

    KAYA SKIN CARE AND PARACHUTE COCONUT OIL IN MARICO AND IN THE

    INDUSTRYHLLANDGODREJCOMESINTHISCATEGORIES.

    2. QUESTION MARK:-

    The second important point is Question Mark. It represented by a SBU /Product having low

    relative market share and high market growth rate I.E low market share in a growing market. It

    requires large cash due to market growth, but generates less cash due to low market share. It

    requires additional investment to increase its competitive advantage or divestment. E.G NIHAR,

    SAFFOLA (FUNCTIONAL OIL) AND IN THE WHOLE INDUSTRY DABUR COMES IN IT.

    3. CASH COW:-

    One of the essential aspect for any business unit is Cash cow stage. It represent by a

    SBU/Product having high relative market share and low market growth rate. It generates

    substantial cash over and above its investment requirement. It may be a SBU/Product in maturity

    life cycle stage. It is not attractive in long ran due to less market growth rate to meet the

    investment need of stars on question marks, over heads and growth strategy is suggested. E.G

    SAFFOLA (EDIBLE OIL), SILK N SHINE AND IN THE ABOVE EXAMPLE ITC COMES.

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    4. DOG:-

    The last and the final stage in BCG Matrix is Dog which represent a negative aspect about the

    business or the product. It represents a SBU/Product having low relative market share and low

    market growth rate. It has very low competitive position due to high costs, poor quality, poor

    marketing etc. It also has low growth potential due to low market growth rate. It does not

    generate enough cash even for its own continuity. So Retrenchment Strategy usually by

    divestment or liquidation is suggested. It may be in the declining stage of its life cycle.

    Government policy may retain a dog artificially.

    SWOT ANALYSIS OF MARICO

    STRENGTS:-

    1. Market leader in its category, has a huge loyalty in the urban & rural sections of India.

    2. It is a Premium edible grade coconut oil.

    3. Synonymous with pure coconut oil & is positioned on the platform of purity.

    4. Understanding of Indian consumer behavior in the hair oil segment.

    5. Large distribution network.

    6. Brand has sought to remain relevant and differentiated through a slew of initiatives in

    packaging & communication like the weight-test (proving that pure Coconut oil is

    heavier than impure oil). These innovations have ensured protection of existing franchise,

    they have propelled further penetration, enabling conversion of loose oil consumers to

    packaged Parachute Coconut Oil.

    7. Parachute enjoys tremendous equity and trust with every passing generation.

    8. Is entering the shampoo market with Starz and has a range specifically for the age group

    of 3-10yrs.

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    WEAKNESS:-

    1. Innovations like personal massager where available in select cities and limited quantities

    2. Parachute Hot Oil should be a seasonal product and should be sold in winters and not

    during summers in places where it gets very hot.

    3. Not strong within the shampoo segment, having hardly any share.

    4. Not having any antidandruff hair oil whose market share is worth 25% of the total hair oil

    markets in India.

    OPPORTUNITIES:-

    1. Parachute can get into skin care by introducing oils for application on the entire body.

    2. Parachute should launch variants that have not only coconut but also other natural

    ingredients that benefit the hair. This will help fight competition from brands that are not

    made of coconut but other ingredients like badam, amla, mustard etc.

    3. Should launch variants that make the head feel cool and refreshed.

    4. Need to concentrate within various other markets potential zones like hair shampoo &

    colorants etc.

    THREATS:-

    1. Many players are entering the market

    2. Parachute as a brand is positioned as a coconut oil. Competitor brands are communicating

    the advantages of using oils that are made of badam, amla, mustard etc.

    3. Competition from the diverse players present in the market can cause loss of market

    share.

    4. Though Marico is expected to roll out its Maha Thanda brand in March 2009 which is in

    the cooling hair oil segment, Parachute can lose market share as it does not have a

    product in that category.

    http://www.marketing91.com/marico/http://www.marketing91.com/marico/
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    OBJECTIVE OF THE STUDY

    1. To study and collect data regarding media advertisement on brand consideration and

    choice of customers for Parachute Hair Oil.

    2. To understand the brand promotion of Parachute Hair Oil among the target audience.

    3. To study the impact of different media that is used to promote Parachute Hair Oil.

    4. To study the effectiveness of brand promotion of Parachute Hair Oil.

    INTRODUCTION OF THE PROJECT

    INTRODUCTION OF SUBJECT MATTER

    Brand Promotion & Advertising Promotion is here to equip you with the knowledge,

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    Internet. We are an agency that really cares about the quality of service we give our

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    To help you maximize your profits in international trade, business to business ecommerce

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    What we can do for you we have proposed to use the following Expertise to take you.

    1. Concept Design

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    3. Internet Advertising (SEO)

    4. Multimedia

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    6. Web Designingbusiness to a Higher level

    Our Advertising & Promotion services will help you achieve:- Maximum awareness

    - Deliver targeted traffic to your website

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    - Create brand loyalty among your target audience

    Brand promotion is a strategy that is commonly used in marketing in order to increase

    customer loyalty, awareness of products, and sales. Instead of focusing on a specific

    product or products, a company instead tries to focus on the promotion of its brand. This

    strategy has been proven to be very effective in marketing, and many companies

    currently employ it. Typically, companies rely on repetition in advertising in order to

    familiarize customers with the brand.

    Companies have used brand promotion for many years, and it is still successful in today's

    market. With this strategy, one of the primary objectives of the company is to

    increase brand awareness. When customers become aware of a brand, they are muchmore likely to give it a try. Brands that are unknown generally do not perform as well as

    commonly known brands.

    Another primary objective of brand promotion is to create customer loyalty. Studies have

    shown that customers are very loyal to brands. Once the habit of purchasing a brand is

    formed, a consumer will generally go back to that same brand again and again. There are

    certain types of consumers who only focus on purchasing the cheapest product in the

    market; however, many consumers are loyal to brands and may be willing to pay a little

    bit more for them.

    Brand promotion also leads to increases in sales in many cases. Businesses hope that by

    utilizing brand promotion, they can increase the number of units that are sold and

    increase profitability as a result. While brand promotion does not always succeed,

    businesses that do it effectively are often much more successful than their competitors.

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    In most cases, businesses try to create brand awareness by utilizing repetition. Typically,

    the average person has to see or hear of a brand more than five times before it sticks in

    the mind. This means that businesses try to advertise the brand name and get it out into

    the public so that customers will become aware of it.

    This brand promotion advertising can be done in a variety of ways. In many cases,

    businesses will employ a multimedia approach to their advertising efforts. For example,they may spend a certain amount of money on television advertisements, a certain

    amount on radio advertisements, and some on newspaper ads. The hope is to bombard the

    public with their branding efforts.

    PROFILE OF THE COMPANY

    INTRODUCTION

    We are the company who does everything to make your brand a leader in the market. We always

    ensure your brand is not among the other ninety nine percent that fail to communicate. What

    started one & a half year before; now reaches to the next level of Advertising. From its inception

    Ingen is working for vadodara & Ahmadabads valuable clients. Who make money, save money,

    gain respect, earn affection, save time and make their business easier with us Because we seek

    ever more imaginative ways to replace their brand with impact.

    With greater appeal in print & designing promotions, we have carved a niche, which allows us to

    unify & simplify our campaigns. The brilliance of our creativity is to distil thoughts down to

    their simplest from & empower them with drama that forces the viewer to stop and absorb the

    message.

    Creatively bold & sharper in its execution, our campaigns have achieved rave reviews among

    readers & in industry. We believe advertising is a blend of art & science; we approach our clients

    & clients clients in such a manner that everyone experiences one-on-one communication.

    http://www.wisegeek.com/what-is-a-brand-name.htmhttp://www.wisegeek.com/what-is-a-brand-name.htm
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    Page | 27

    Welcome to the 360 degree advertising experience. Rely on us because we rely on appealing

    ideas.

    EVERYTHING IS ADVERTISING AND ADVERTISING IS EVERYTHING

    INSPIRATION

    Success in advertising is connected ultimately to the success of the client. We embrace that

    principle. We learn our clients business and brand attributes well. We care &analyze the

    business, competitors, unique culture, mission, vision and trends of the category of our client.

    We take inspiration from our clients basic fundamentals.

    Ingen is born to win perfect strategy to promote stylish & competitive campaigns. Our

    inspiration is our client. We envisage the clients unique & coherent business and we have

    received great response from the client and from the industry. Hence, we keep current by being

    curious about the pulses of the market.

    For us, advertising is a compendium of all communication that a consumer sees, feels, touches,

    hears, and smells, and so on.

    Ultimately the brand has to be successful for us to be successful.

    ITS ALL ABOUT CONVINCING THE NATURE.

    INNOVATION

    There are five essential skills in advertising. Accountability, media savvy, commitment,

    discipline & creativity

    Ingen is truly working on these unwritten rules of advertising by being inventive & innovative in

    thoughts & execution.

    We always believe that loosing newness in presentation is virtual suicidal for the brand.

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    Page | 28

    Therefore we have formed a team of strategically working brainy personnel to create ripples in

    vacuum pond. Our media planners, client servicing executives & creative heads are thinking

    24*7 on the same pattern to give lemon fresh appeal to the campaigns. Ingen always delivers a

    salient message to its consumers in an unexpected manner. So the ripples can be felt long after it

    stops running.

    We seek to reach targeted consumers with an effective, focused communication. We say one

    thing, we say it well & we say it often. After all, innovation is the most lethal weapon to be a

    winner.

    OUR MINDS WANT, AS MUCH AS OUR BODY.

    IMAGINATION

    The art of imagination lies in being able to see something that others dont see and to develop

    creative ideas around it. We do. It may sound little offensive, yet the truth is our imaginative

    skills create pure magic. May it be education category or real estate or auto mobile, our

    campaigns worked because of our imaginative approach to each Advertising. We always

    consider the readers mindset & psyche, so we put our 100% to achieve the target by putting

    clear analysis in a striking manner.

    Our aim is to provide strategic communication thats consistent across all media vehicles. We

    always try to establish frequency of brand recall through our imaginatively designed campaigns.

    Ingen assures every client different treatment in terms of thoughts, designs, execution &

    expressions. Our advertising is a combination of common sense & clarity because we define a

    brand as a promise, promise that strengthens the client. Promise that strengthens the advertising

    industry.

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    Page | 29

    IMAGINATION IS BETTER THAN KNOWLEDGE

    CLIENTS

    Arts & events

    Insync Events, Reflections, Sagar Studio, Stage Craft

    Automobile

    Celite tyre Corporation (Pirelli), Harshil Yamaha, Innovative Honda, Kumar Motors

    Beauty & Fitness

    Monas Beauty clinic, VLCC

    Dairy

    Baroda Dairy

    Education & Institutes

    Ambe Vidyalaya, Baroda Branch Of WIRC Of ICAI, College Of International Management

    Institute Of Indian Interior Designers(IIID, Baroda Chapter), M.S. Hostel, Sun-Mars

    Electronics

    RA Electronics

    Fashion & Garments

    The Raymond Shop

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    Airline Travels N Tours Centre, Indian Aura, Mera Safar

    Contact

    Ingen

    406/b, alkapuri arcade, alkapuri, vadodara, Gujarat , India.

    PH: +91 265 3089537

    Email us

    [email protected]

    Website

    www.ingenads.com

    DETAIL STUDY OF PROJECT

    The project report on Impact of Advertising of Brand Promotion of Parachute Coconut Hair Oil

    is a detailed study on the brand promotion of Parachute. It studies about the marketing strategy,

    target market, segmentation, niche marketing of Parachute and the impact of its brand promotion

    on customers.

    Review of Literature is concerned with the systematic gearing of information. Its purpose is to

    understand the similar studies done before. It provides further insight into the subject matter of

    study. Review of other studies facilitates a framework for understanding the previous work done

    and thus opening newer areas of exploration for advancing the knowledge in the area under the

    study. The Research Methodology focuses on the topic, sample selection, data collection

    methods.

    mailto:[email protected]://www.ingenads.com/http://www.ingenads.com/mailto:[email protected]
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    RESEARCH METHODOLOGY

    METHODOLOGY

    TITLE OF THE STUDY:

    IMPACT OF ADVERTISEMENT ON BRAND PROMOTION OF PARACHUTE

    COCONUT HAIR OIL

    SIGNIFICANCE OF THE STUDY:

    Brand promotion is beneficial to business houses, consumers and the society.

    Benefits to Business Houses: Brand promotion is useful to both large and small firms. It enables

    a business firm to face competition in the market. It reminds the faithful customers I that the

    brand has served them well over the years and they have no better choice in the market. Brand

    promotion helps business firms to maintain their existing sales and to increase their market share.

    Benefits to Consumers: Brand promotion provides information regarding quality, uses, price

    and availability of the branded product. Such information helps consumers in making a choice

    from a wide range of competing brands. They have greater freedom of choice and dishonest

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    traders cannot exploit them. Brand promotion saves valuable time and energy of consumers as

    they are well informed before making purchases. With the help of brand promotion consumers

    can maintain their standards of living and good life styles.

    Benefits to Society: Brand promotion activities facilitate mass production which leads to

    economies of scale and lower costs. As a result, more and more people can use branded products.

    Brand promotion also creates employment opportunities for a large number of persons.

    Techniques of Brand Promotion

    Brand promotion comprises all tools of marketing communication. Five tools or methods are

    available through which marketers can communicate with the buyers. These tools of brand

    promotion are given below.

    1. Advertising: Advertising is a convenient and economical method of brand promotion though

    it lacks personal touch.

    2. Personal Selling: This is a very flexible and two-way communication. It makes actual sale

    and provides immediate feedback. However, it is quite luxurious and time consuming.

    Advertising is better than personal selling for creating brand awareness.

    3. Sales Promotion: It consists of short-term incentives used to attract customers and make

    immediate sale of the brand. It is a type of non-personal selling that supports advertising. In

    addition to making immediate sales, it helps to clear overdue stocks and attract new buyers. But

    it yields short-term results and cannot create brand loyalty.

    4. Publicity: Publicity refers to the non-personal stimulation of demand for a brand by placing

    commercially significant news about it or its owner in a published medium or obtaining a

    favorable presentation of it upon radio, television or stage that is not directly paid by the sponsor.

    Reliance World Cup Cricket Tournament, ITC Sangeet Sammelan are examples of publicity.

    These events were covered by mass media and the public images of these enterprises were

    enhanced. News releases, feature articles, press conference, letters to the editor, radio and TV

    presentations are various forms of publicity. High credibility, mass appeal, more details

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    inexpensive and timeliness are the main merits of publicity. However, the marketer has little

    control over publicity.

    5. Packaging: A properly designed package enhances the value of the product and gives it a

    distinct identity. It also helps to build the image of the firm. These days, firms are using

    innovative packaging to establish a competitive edge for their brands. Customers are willing to

    pay higher for the convenience, appearance, dependability and prestige of packages.

    RESEARCH DESIGN:

    The research study is exploratory and descriptive in nature as it studies the opinions and

    perceptions of the both men and female purchasing Parachute Coconut Hair Oil from Spencers

    Hyper Mall and Vadodara Central Mall.

    Data collection

    The tool for data collection is a standardized and structured questionnaire.

    Sources of data collection:

    The primary and secondary data collection was made use of the project work.

    Primary data:-

    The Primary data was collected by conducting a sample survey through questionnaire in

    Spencers Hyper Mall and Vadodara Central Mall from customers.

    Secondary data:-

    The Secondary data was collected from the website of www.marico.com and from related

    material available in books on the topic.

    Sample size

    The researcher has taken sample of 60 respondents.

    The sample consists of both men and female using the Parachute coconut hair oil.

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    Sampling Method

    The sample selection technique adopted for getting the 60 questionnaire filled was Simple

    Random Sampling Technique and Purposive Sampling.

    DATA ANALYSIS

    ANALYSIS

    Table 1: Table showing the frequency distribution of gender of the respondents.

    Figure 1: Figure showing the frequency distribution of gender of the respondents.

    45

    15

    Frequency

    Male

    Female

    Gender Frequency Percentage

    Male 45 75

    Female 15 25

    Total 60 100

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    From the above pie chart it can be interpreted that out of 60 respondents majority of the

    respondents i.e. 45 (75%) are male and remaining respondents i.e. 15 (25%) are female.

    Table 2: Table showing the frequency distribution of age of the respondents.

    Age Frequency Percentage

    21-25 4 6.7

    26-30 22 36.7

    31-35 20 33.3

    36 and above 14 23.3

    Total 60 100.0

    Figure 2: Figure showing the frequency distribution of age of the respondents.

    0

    5

    10

    15

    20

    25

    30

    35

    40

    21-25 26-30 31-35 36 and

    above

    4

    2220

    14

    6.7

    36.733.3

    23.3

    Chart Title

    Frequency

    Percent (%)

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    From the above table it can be interpreted that that out of 60 respondents majority of the

    respondents i.e. 22 (36.7%) fall in the age group of 26 30 years of age, 20 respondents i.e.

    (33.3%) are in the age group of 31-35 years of age, 14 respondents i.e. (23.3%) are in the age

    group of 36 years and above, 4 respondents i.e. (6.7%) fall in the age group of under 21-25 years

    of age.

    Table 3: Table showing the frequency distribution of level of income of the respondents.

    INCOME

    LEVEL FREQUENCY

    PERCENTAGE

    (%)

    Upto 10000 15 25

    10001-15000 20 33.33

    15001-20000 10 16.67

    20001 and

    above 15 25

    TOTAL 60 100

    Figure 3: Figure showing the frequency distribution of level of income of the respondents.

    0

    5

    10

    15

    20

    25

    30

    35

    15

    20

    10

    15

    25

    33.33

    16.67

    25

    FREQUENCYPERCENTAGE (%)

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    From the above table it can be interpreted that out of 60 respondents majority of the respondents

    i.e. 22 (36.7%) fall in the age group of 26 30 years of age, 20 respondents i.e. (33.3%) are in

    the age group of 31-35 years of age, 14 respondents i.e. (23.3%) are in the age group of 36 years

    and above, 4 respondents i.e. (6.7%) fall in the age group of under 21-25 years of age.

    Table 4 : Table showing the frequency distribution of occupation of the respondents.

    Occupation Number Percentage

    Student 11 18.34

    Service 18 30

    Business 14 23.33

    Other 17 28.33

    Total 60 100

    Figure 4: Figure showing the frequency distribution of occupation of the respondents.

    0

    5

    10

    15

    20

    25

    30

    Student Service Business Other

    11

    18

    14

    1718.34

    30

    23.33

    28.33

    Number

    Percentage

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    From the above table, it can be interpreted that out of 60 respondents a majority of the

    respondents i.e. 18 (30%) are holding a service occupation with them, and other respondents i.e.

    11(18.34%) are student occupation with them, and other respondents i.e. 14(23.33%) are

    business occupation, and other respondents i.e. 17(28.33%) are other occupation.

    Table 5: Table showing the frequency distribution of years of experience of the respondents

    in using the Parachute Coconut Hair Oil.

    No. of Years of

    Experience

    Frequency Percentage

    Less than 5 years 37 61.67

    6 to 10 years 10 16.67

    11 years and above 13 21.66

    Total 60 100

    Figure 5: Figure showing the frequency distribution of years of experience of the

    respondents in using the Parachute Coconut Hair Oil.

    0

    10

    20

    30

    40

    50

    60

    70

    Less than 5 years 6 to 10 years 11 years and

    above

    37

    1013

    61.67

    16.6721.66

    Frequency

    Percentage

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    From the above table, it can be interpreted that out of 60 respondents a majority of the

    respondents have an experience of less than 5 years i.e. 37 respondents (61.67%), 13 respondents

    i.e. (21.66%) have an experience of 11 years and above, and 10 respondents i.e. (16.67%) fall

    under the category of 6 to 10 years of experience.

    Table 6: Table showing the frequency distribution of educational qualification of the

    respondents.

    Education Frequency Percentage

    Higher Secondary Education 5 8.33

    Graduation 26 43.34

    Post Graduation 16 26.67

    Diploma 8 13.33

    Industrial Training Institute 5 8.33

    Total 60 100

    Figure 6: Figure showing the frequency distribution of educational qualification of the

    respondents.

    05

    10

    15202530354045

    5

    26

    16

    85

    8.33

    43.34

    26.67

    13.338.33

    Frequency

    Percentage

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    From the above table, it can be interpreted that out of 60 respondents a majority of the

    respondents i.e. 26 (43.34%) are holding a graduate degree with them, 16 respondents i.e.

    (26.67%) holding Post Graduation degree with them, 8 respondent i.e. (13.33%) have completed

    diploma education, 5 respondents i.e. (8.33%) have completed Industrial Training Institute and 5

    respondent i.e. (8.33%) have completed higher secondary education.

    Table 7 : Table showing the frequency distribution of respondents awareness about

    Parachute Hair Oil.

    Particulars Number Percentage

    Yes 56 93.33

    No 4 6.67

    Total 60 100

    Figure 7: Figure showing the frequency distribution of respondents awareness about

    Parachute Hair Oil.

    0

    10

    20

    30

    40

    50

    60

    70

    80

    90

    100

    Number Percentage

    56

    93.33

    4 6.67

    Yes

    No

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    From the above chart it can be interpreted that out of 60 respondents majority of the respondents

    i.e. 56 (93.33%) are yes and remaining respondents i.e. 04 (6.67%) are not aware about the

    Parachute Hair Oil.

    Table 8: Table showing the frequency distribution of responses on media that respondent

    came across the parachute hair oil advertisement.

    Particulars Number Percentage

    Television 20 33.34

    Newspaper 15 25

    Radio 10 16.66

    Magazines 5 8.34

    Billboard 10 16.66

    Total 60 100

    Figure 8: Figure showing the frequency distribution of responses on media that respondent

    came across the parachute hair oil advertisement.

    0

    5

    10

    15

    20

    25

    30

    35

    20

    15

    10

    5

    10

    33.34

    25

    16.66

    8.34

    16.66

    Number

    Percentage

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    From the above table, it can be interpreted that out of 60 respondents a majority of the

    respondents i.e. 20 (33.34%) are holding a television with them, and other respondents i.e.

    15(25%) are newspaper with them, and other respondents i.e. 10 (16.66%) are radio, and other

    respondents i.e. 05 (8.34%) are magazines, and other respondents i.e. 10 (16.66%) are billboard.

    Table 9: Table showing the frequency distribution of response on media that advertises

    parachute hair oil is the most attractive and convenient.

    Particulars Number Percentage

    Television 30 50

    Newspaper 21 35

    Radio 3 5

    Magazines 5 8.33

    Billboard 1 1.67

    Total 60 100

    Figure 9: Figure showing the frequency distribution of response on media that advertises

    parachute hair oil is the most attractive and convenient.

    0

    5

    10

    15

    20

    25

    30

    35

    40

    45

    50

    30

    21

    3

    5

    1

    50

    35

    58.33

    1.67

    Number

    Percentage

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    From the above table, it can be interpreted that out of 60 respondents a majority of the

    respondents i.e. 30 (50%) are holding a television with them, other respondents i.e. 21(35%) are

    newspaper, other respondents i.e. 3(5%) are radio, other respondents i.e. 5(8.33%) are

    magazines, other respondents i.e. 1(1.67%) are billboard.

    Table 10: Table showing the frequency distribution of responses on observing the

    parachute hair oil advertisement on T.V.

    Particulars Number Percentage

    Yes 38 63.33

    No 22 36.67

    Total 60 100

    Figure 10: Figure showing the frequency distribution of responses on observing the

    parachute hair oil advertisement on T.V.

    0

    10

    20

    30

    40

    50

    60

    70

    Number Percentage

    38

    63.33

    22

    36.67Yes

    No

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    From the above chart it can be interpreted that out of 60 respondents majority of the respondents

    i.e. 38 (63.33%) are yes and remaining respondents i.e. 22 (36.67%) are not seen in T.V.

    Table 11: Table showing the frequency distribution of responses on preferring most in the

    TV advertisement of parachute hair oil.

    Particulars Number Percentage

    Brand image 20 33.33

    Brand

    Ambassador 12 20

    Product detail

    user 11 18.33

    Advertising

    theme 17 28.34

    Total 60 100

    Figure 11: Figure showing the frequency distribution of responses on preferring most in

    the TV advertisement of parachute hair oil.

    0

    5

    10

    15

    20

    25

    30

    35

    Brand image Brand

    Ambassador

    Product

    detail user

    Advertising

    theme

    20

    12 11

    17

    33.33

    2018.33

    28.34

    Number

    Percentage

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    From the above chart it can be interpreted that out of 60 respondents majority of the

    respondents i.e. 20 (33.33%) are brand image, other respondents i.e. 12(20%) are brand

    ambassador, other respondents i.e. 11(18.33%) are product detail user, other respondents

    i.e. 17(28.34%) advertising theme.

    Table 12 : Table showing the frequency distribution of responses on advertisement message

    is understandable.

    Particulars Number Percentage

    Strongly agree 31 51.66

    Somewhat Agree 12 20

    Neither 10 16.67

    Somewhat Disagree 5 8.33

    Strongly Disagree 2 3.34

    Figure 12: Figure showing the frequency distribution of responses on advertisement

    message is understandable.

    0

    10

    20

    30

    40

    50

    60

    31

    12 105

    2

    51.66

    2016.67

    8.333.34

    Number

    Percentage

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    From the above chart it can be interpreted that out of 60 respondents majority of the

    respondents i.e. 31 (51.66%) are strongly agree, other respondents i.e. 12(20%) are

    somewhat agree, other respondents i.e. 10(16.67%) are neither, other respondents i.e.

    5(8.33%) are somewhat disagree, other respondents i.e. 2(3.34%) are strongly disagree.

    Table 13 : Table showing the frequency distribution of responses on advertisement seems

    realistic and its message is relevant.

    Particulars Number Percentage

    Strongly agree 28 46.67Somewhat Agree 18 30

    Neither 8 13.33

    Somewhat Disagree 4 6.66

    Strongly Disagree 2 3.34

    Total 60 100

    Figure 13 : Figure showing the frequency distribution of responses on advertisement seems

    realistic and its message is relevant.

    0

    510

    15

    20

    25

    30

    35

    40

    45

    50

    28

    18

    8

    4 2

    46.67

    30

    13.33

    6.66

    3.34

    Number

    Percentage

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    From the above chart it can be interpreted that out of 60 respondents majority of the

    respondents i.e. 28 (46.67%) are strongly agree, other respondents i.e. 18(30%) are

    somewhat agree, other respondents i.e. 8(13.33%) are neither, other respondents i.e.

    4(6.66%) are somewhat disagree, other respondents i.e. 2(3.34%) are strongly disagree.

    Table 14: Table showing the frequency distribution of responses on effect of advertisement

    on purchasing the product.

    Particulars Number Percentage

    Strongly agree 23 38.33

    Somewhat Agree 19 31.67

    Neither 13 21.66

    Somewhat Disagree 4 6.67

    Strongly Disagree 1 1.67

    Total 60 100

    Figure 14: Figure showing the frequency distribution of responses on effect of

    advertisement on purchasing the product.

    0

    5

    10

    15

    20

    25

    30

    35

    40

    23

    19

    13

    41

    38.33

    31.67

    21.66

    6.67

    1.67

    Number

    Percentage

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    From the above chart it can be interpreted that out of 60 respondents majority of the

    respondents i.e. 23 (38.33%) are strongly agree, other respondents i.e. 19(31.67%) are

    somewhat agree, other respondents i.e. 13(21.66%) are neither, other respondents i.e.

    4(6.67%) are somewhat disagree, other respondents i.e. 1(1.67%) are strongly disagree.

    Table 15: Table showing the frequency distribution of responses on brand ambassador ofParachute hair oil.

    Particulars Number Percentage

    M.S.Dhoni 12 20

    Anushka Sharma 15 25

    Rani Mukherjee 4 6.66

    Yuvraj Singh 6 10

    Don't know 23 38.34

    Total 60 100

    Figure 15: Figure showing the frequency distribution of responses on brand ambassador of

    Parachute hair oil.

    0

    5

    10

    15

    20

    25

    30

    35

    40

    1215

    46

    2320

    25

    6.6610

    38.34

    Number

    Percentage

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    From the above chart it can be interpreted that out of 60 respondents majority of the

    respondents i.e. 23 (38.34%) are dont know, other respondents i.e. 12(20%) are

    M.S.Dhoni, other respondents i.e. 15(25%) are Anushka Sharma, other respondents i.e.

    4(6.66%) are rani mukherjee, other respondents i.e. 6(10%) are yuvraj singh, other

    respondents i.e. 23(38.34%) are dont know.

    Table 16: Table showing the frequency distribution of respondents observation on print

    advertisement of parachute hair oil.

    Particulars Number Percentage

    Yes 39 65

    No 21 35

    Total 60 100

    Figure 16: Figure showing the frequency distribution ofrespondents observation on print

    advertisement of parachute hair oil.

    0

    10

    20

    30

    40

    50

    60

    70

    Number Percentage

    39

    65

    21

    35 Yes

    No

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    From the above chart it can be interpreted that out of 60 respondents majority of the

    respondents i.e. 39 (65%) are yes, other respondents i.e. 21(35%) are not seen the print

    advertisement.

    Table 17: Table showing the frequency distribution of respondents liking factor in the

    advertisement of the parachute hair oil.

    Particulars Number Percentage

    Symbol 16 26.67

    Logo 12 20

    Colors 19 31.66

    Theme 13 21.67

    Total 60 100

    Figure 17: Figure showing the frequency distribution ofrespondents liking factor in the

    advertisement of the parachute hair oil.

    0

    5

    10

    15

    20

    25

    30

    35

    Symbol Logo Colors Theme

    16

    12

    19

    13

    26.67

    20

    31.66

    21.67

    Number

    Percentage

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    From the above chart it can be interpreted that out of 60 respondents majority of the respondents

    i.e. 19 (31.66%) are colors, other respondents i.e. 16(26.67%) are symbol, other respondents i.e.

    12(20%) are logo, other respondents i.e. 13(21.67%) are theme.

    Table 18: Table showing the frequency distribution of respondents preference for

    different brands while purchasing product in retail store.

    Particulars Number Percentage

    Always 31 51.67

    Sometimes 21 35

    Never 8 13.33

    Total 60 100

    Figure 18: Figure showing the frequency distribution of respondents preference for

    different brands while purchasing product in retail store.

    0

    10

    20

    30

    40

    50

    60

    Always Sometimes Never

    31

    21

    8

    51.67

    35

    13.33

    Number

    Percentage

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    From the above chart it can be interpreted that out of 60 respondents majority of the respondents

    i.e. 31 (51.67%) are always, other respondents i.e. 21(35%) are sometimes, other respondents i.e.

    8 (13.33%) are never.

    Table 19: Table showing the frequency distribution respondents identification about

    Parachute Oil.

    Particulars Number Percentage

    Colors 2 3.34

    Packing shape 14 23.33

    Name 27 45

    Logo 17 28.33

    Total 60 100

    Figure 19: Figure showing the frequency distribution respondents identification about

    Parachute Oil.

    0

    5

    10

    15

    20

    25

    30

    35

    40

    45

    Colors Packing

    shape

    Name Logo

    2

    14

    27

    17

    3.34

    23.33

    45

    28.33

    Number

    Percentage

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    From the above chart it can be interpreted that out of 60 respondents majority of the

    respondents i.e. 27 (45%) are name, other respondents i.e. 2(3.34%) are colors, other

    respondents i.e. 14(23.33%) packing shape, other respondents i.e. 17(28.33%) are logo.

    Table 20: Table showing the frequency distribution of respondents preference ofParachute Coconut Hair Oil over other competitors products.

    Particulars Number Percentage

    Will buy the other brand 27 45

    Will buy parachute hair

    oil 33 55

    Total 60 100

    Figure 20: Figure showing the frequency distribution of respondents preference of

    Parachute Coconut Hair Oil over other competitors products.

    From the above chart it can be interpreted that out of 60 respondents majority of the

    respondents i.e. 33 (55%) are will buy parachute hair oil, and other respondents i.e.

    27(45%) are will buy the other brand of oil.

    0

    10

    20

    30

    40

    50

    60

    Number Percentage

    27

    45

    33

    55

    Will buy the other brand

    Will buy parachute hair oil

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    FINDINGS & OBSERVATIONS

    Majority of the Respondents i.e. 45 (75%) Are Male and Remaining Respondents i.e. 15

    (25%) Are Female.

    Majority of the Respondents i.e. 22 (36.7%) Fall In The Age Group Of 2630 Years Of

    Age.

    Majority of the Respondents i.e. 22 (36.7%) Fall In The Age Group Of 2630 Years Of

    Age.

    Majority of the Respondents i.e. 18 (30%) Are Holding A Service Occupation With

    Them.

    Majority of the Respondents Have an Experience of Less Than 5 Years i.e. 37

    Respondents (61.67%).

    Majority of the Respondents i.e. 26 (43.34%) Are Holding A Graduate Degree With

    Them.

    Majority of the Respondents i.e. 56 (93.33%) Is Yes and Remaining Respondents i.e. 04

    (6.67%) Are Not Aware About The Parachute Hair Oil.

    Majority of the Respondents i.e. 20 (33.34%) Are Holding A Television With Them.

    Majority of the respondents i.e. 30 (50%) are holding a television with them.

    Majority of the respondents i.e. 38 (63.33%) are yes and remaining respondents i.e. 22

    (36.67%) are not seen in T.V.

    Majority of the respondents i.e. 20 (33.33%) are brand image preferring most in the TV

    advertisement of parachute hair oil.

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    Majority of the respondents i.e. 31 (51.66%) are strongly agree for advertisement

    message is understandable.

    Majority of the respondents i.e. 28 (46.67%) are strongly agree for advertisement seems

    realistic and its message is relevant.

    Majority of the respondents i.e. 23 (38.33%) are strongly agree on effect of advertisement

    on purchasing the product.

    Majority of the respondents i.e. 23 (38.34%) are dont know on brand ambassador of

    Parachute hair oil.

    Majority of the respondents i.e. 39 (65%) are yes, other respondents i.e. 21(35%) are not

    seen the print advertisement.

    Majority of the respondents i.e. 19 (31.66%) are liking factor in the advertisement of the

    parachute hair oilcolors.

    Majority of the respondents i.e. 31 (51.67%) are always preference for different brands

    while purchasing product in retail store.

    Majority of the respondents i.e. 27 (45%) are name identification about Parachute Oil.

    Majority of the respondents i.e. 33 (55%) are will buy parachute hair oil.

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    LIMITATIONS OF THE STUDY

    The research has been conducted in only two malls, therefore the instruments may be

    reliable and verified, but the results may not be generalized to the other.

    The tool being a questionnaire, there could be chances that the personal biases of the

    respondents may come into picture while answering to the questions.

    The data collected through questionnaire were the primary source; hence whatever

    information is collected through the tool from respondents has been assumed to be fact

    full and true.

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    SUGGESTIONS

    Having done a detailed study of the consumer markets of Vadodara regarding Parachute Hair Oil,

    under this project work we would like to make the following suggestions for the improvement in the

    total market share as well as increasing the impact of advertisement on brand promotion of

    parachute coconut hair oil in markets of Vadodara, with special reference to the promotional

    activities undertaken by the company.

    It is observed from the survey that although the impact of advertisement on brand promotion

    of parachute coconut hair oil is reasonably high but a majority of people are aware about it

    through the medium of T.V. I would like to suggest that the company should look into the

    matter and should promote the product through various other media vehicles like Billboards

    & Newspapers which can help to increase the awareness level of the product in the areas

    where T.V. cannot succeed as a media vehicle.

    It is observed that most of the people are disagreeing to the fact that the advertise of

    Parachute Hair Oil is better than other Hair Oil advertises. I would like to suggest that the

    company should take some initiatives regarding the advertising theme to make it more

    likable for the people as it can prove to be very effective in increasing the impact of

    advertisement on brand promotion of parachute coconut hair oil the product.

    As we can make out from the survey that most of the people in the markets of Vadodara are

    brand switchers & are not loyal to a particular brand as they look for a different brand every

    time. I would like to suggest that the company should take certain initiatives to retain the

    customers loyalty for Parachute Hair Oil.

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    CONCLUSION

    As we all know that the market condition for any goods or service is becoming more andmore competitive now-a-days. In order to survive in this marketing condition a company

    must have a competitive advantage. Analyzing the impact of advertisement on brand

    promotion of parachute coconut hair oil the product is the most useful technique to

    know for a company where its product stands.

    Analyzing the impact of advertisement on brand promotion of parachute coconut hair oil

    of a product in a particular market helps the company to know the total market share of

    its product in that market.

    I hereby conclude that the analysis of impact of advertisement on brand promotion of

    parachute coconut hair oil has proved to be very effective to know the advertisement

    level of the product in the markets of vadodara as well as to know about customers

    loyalty for that brand & their ability to recognize & recall it.

    The study to analyze the impact of advertisement on brand promotion of parachute

    coconut hair oil also draws the conclusion that advertisement of the product in the

    market among customers is high but using various other media vehicles Newspapers &

    Billboards to promote the product can help to increase the awareness level of the product.

    The study concludes that most of the people look for a different brand while purchasing a

    product from a retail store. People here are frequent brand switchers and not brand loyal.

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    Page | 60

    BIBLIOGRPHY

    1. Marketing Management - PHILIP KOTLER

    2. Strategic Brand Management - KEVIN LANE KELLER

    3. www.ingenads.com

    4. www.marico.com

    5. Annual Report of Marico Ltd.

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    ANNEXURE

    Gender: Male Female

    Age: 2125 Yrs 26-30 Yrs

    31-35 Yrs 36 and Above

    Monthly Income:

    Upto 10000 10001-15000

    15001-20000 More than 20000

    Occupation:

    Student Service

    Business Other

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    Q.1 Are you aware about Parachute Hair Oil?

    Yes No

    Q.2 If Yes, then in which media did you come across the Parachute Hair Oil

    Advertisement?

    Television Newspaper Radio

    Magazines Billboard

    Q.3 Total number of experience in using Parachute Coconut Hair Oil?

    Less than 5 years ( ) 6 to 10 years ( )

    11 years and above ( )

    Q.4 Which media that advertises Parachute Hair Oil is the most attractive and

    convenient according to you?

    Television Newspaper Radio

    Magazines Billboard

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    Q.5 Have you seen the Parachute Hair Oil advertisement on T.V.?

    Yes No

    Q.6 What do you like the Most in the TV advertisement of Parachute Hair Oil?

    Brand image Brand Ambassador

    Product detail user Advertising theme

    Q.7 Please rate the following on the basis of product features advertised on T.V?

    Strongly Agree -1, Somewhat Agree -2, Neither-3, Somewhat Disagree -4, Strongly

    Disagree -5

    Advertisement Features 1 2 3 4 5

    The ad message is understandable

    The ad seems realistic

    The ad message is Relevant to you.

    The benefits described in ad are believable to

    you.

    After viewing ad you would consider

    purchasing the product.

    This ad is better than other ads for product in

    this product category.

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    Q.8 Who is the brand ambassador for Parachute Hair Oil?

    M.S. Dhoni Anushka Sharma Rani Mukherjee

    Yuvraj Singh Do not know

    Q.9 How favorable is your attitude towards the credibility of the celebrity?

    1 - Very Favorable, 2 - Favorable, 3 - Neutral, 4 - Unfavorable

    5 - Very Unfavorable

    Q.10 Have you seen the print advertisement of Parachute Hair Oil?

    Yes No

    Attributes 1 2 3 4 5

    Knowledgeable

    Trustworthy

    Likeable

    Attractive

    Expertise

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    Q.11 What do you like the most in the advertisement of the Parachute Hair Oil?

    Symbol Logo

    Colors Theme

    Q.12 Do you look for different brands while purchasing product in Retail store?

    Always Sometimes

    Never

    Q.13 How do you recognize Parachute Hair Oil from the shelf of the Retail store?

    Colors Packing shape

    Name Logo

    Q.14 If you have made up your mind to buy the other brand of product because of its

    advertisement and if you find attractive display of Parachute Hair Oil, What will

    you do?

    Will buy the other brand Will buy Parachute Hair Oil

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    Q.15 Please tick the media which according to you should be used most frequently?

    1- Most frequently 2- Frequently 3- Less frequently

    Media 1 2 3

    T.V

    Newspaper

    Billboard

    Magazine

    Internet