research methodology
DESCRIPTION
Research MethodologyTRANSCRIPT
RESEARCH METHODOLOGY
Attempt any 5 cases, equal marks for all cases.
CASE-2 (16 Marks)
The weight (gms) of 31 books picked from a consignment are as follows:
106, 107, 76, 82, 106, 107, 175, 93, 187, 95, 123, 125, 111, 92, 86, 70, 127, 68, 130, 129,
139, 119,115, 128, 100, 186, 84,99, 113, 204, 111
Test whether this sample may be treated as random? Briefly explain?
Ans:
In order to understand random sampling, you need to become familiar with a couple of basic
statistical concepts.
1. Error - This is that "plus or minus X%" that you hear about. What it means is that you feel
confident that your results have an error of no more than X%.
2. Confidence - This is how confident you feel about your error level. Expressed as a
percentage, it is the same as saying if you were to conduct the survey multiple times, how
often would you expect to get similar results.
These two concepts work together to determine how accurate your survey results are. For
example, if you have 90% confidence with an error of 4%, you are saying that if you were to
conduct the same survey 100 times, the results would be within +/- 4% of the first time you
ran the survey 90 times out of 100.
If you are not sure what sort of error you can tolerate and what level of confidence you need,
a good rule of thumb is to aim for 95% confidence with a 5% error level.
Error is also referred to as the "confidence interval" and Confidence is also known as
"Confidence Level." In order to avoid confusion, these concepts will simply be referred to as
"Error" and "Confidence".
Determining the "Correct" Sample Size
Determining the "correct" sample size requires 3 pieces of information
1. The size of your population
2. Your desired error level (e.g. 5%)
3. Your desired level of confidence (e.g. 95%)
Performing a Stratified Random Sample
If you are performing a stratified random sample, there are a couple of additional steps that
you need to take.
1. Determine the size of the smallest subgroup in your population. For example, if you want
to look at males vs. females and there are fewer females, then this is the group you want to
look at.
2. Calculate the number of people required to achieve your desired error level and level of
confidence for this subgroup.
3. Calculate what percentage of people that you will need to survey within this subgroup
(number of people to survey divided by total subgroup size).
4. Finally, calculate the number of people in each of the other subgroups that are needed to
achieve this same ratio (multiply the percentage from step 3 by the size of each of the other
subgroups). This is how many people you will need to survey within each group.
Remember, a larger group means a smaller percentage required to get the same level of
accuracy. That is why we start with the smallest group and work our way up. The results you
get from the larger groups should actually be even more accurate than the results from the
smallest group, but you can at least be sure that each group meets your minimum accuracy
requirements.
Do not calculate the number of people required to achieve the desired error level and level of
confidence for each subgroup. While this might seem tempting since it would mean
surveying fewer people from the larger groups, it will distort your overall results. It is
important that each subgroup is proportionately represented. If you survey 75% of the people
from a smaller group and only 25% of the people from a larger group, then the overall results
for the entire population will be skewed in favor of the smaller group since they will be
disproportionately represented. You might find this rather restrictive, especially if your
subgroups vary greatly in size. While it might be OK to fudge a little around the edges, it is
critical that you not disregard the importance of this fact. It is possible to manually
manipulate the final results to get proportionately weighted results from each subgroup, but
this requires a certain level of expertise.
Final Steps - Putting it All Together
Once you have determined how many people you need from either your population as a
whole or from each subgroup within your population, you simply need to determine a way to
randomly select the specified number of people from each group. There are many wrong
ways to go about this. Whatever technique you use, be sure that you really are selecting
people at random and not accidentally giving preference to anybody for any reason. An easy
and fast way to randomly select people is to use MS Excel. The steps to make the random
selection are as follows:
1. Copy and paste a list of every book in the group into a single column. You can use names,
colour, book numbers, or whatever.
2. In a second column, fill the entire column with Excel's "Randomize" function. The exact
value of each cell should be "=rand()" (do not include the quotation marks). Only fill the cells
next to where you pasted the group info in step #1.
3. Sort both columns by the "Randomize" column. It does not matter whether you sort them
in ascending or descending order.
4. Scroll down to the row number of the group size. Everybody from this row up is a part of
your sample (see important note below regarding response rates).
Case-3 (16 Marks)
A local supermarket has experienced a decline in unit sales and little change in rupee value
sales. Profits have almost vanished. The chief executive in searching for ways to revitalize
the operation was advised to increase the number of hours the market is open for business. He
comes to you for advice in structuring a research problem that will provide relevant
information for decision making, Define the research problem taking care to:
(a) State the relevant question.
(b) Enumerate the alternative answers.
(c) Clearly define the units of analysis and characteristics of interest.
Ans:
The Research Process
Sequence of steps in business research
Formulate Problem
Decision Problem
Research problem
Determine Research Design
Explorative research
Descriptive research
Causal research
Determine data Collection Method
Secondary Data
Primary data
Design data Collection Forms
Quantitative Data
Qualitative Data
Design Sample and Collect data
Sample Frame and sample
Probability versus non-probability sample
Analyze and Interpret Data
Editing/Quality assurance of data
Coding
Tabulation
Data Analysis
Prepare the Research Report (proposal)
Structure
Scientific Requirements/Theory/Models
Literature
Decision Problem and Research Problem
Drivers for problem formulation:
1. Unanticipated change, basically in the environment of the local firm (suppliers,
competitors, customers)
2. Planned change (estimation, effects, outcome)
3. Serendipity (random ideas or information)
Different Problem Levels:
1) Individual orientation, PSYCHOLOGY
2) Individual-individual, SOSIAL PSYCHOLOGY
3) Individual and group, ORGANIZATION THEORY,
ORGANIZATION PSYCHOLOGY
4) Group/department, ORGANIZATION SOCIOLOGY
5) Inter-group, ORGANIZATION THEORY
6) Group/department and organization, ECONOMIC
THEORY, PRINCIPAL-AGENT THEORY, ORGANIZATION THEORY
7) Organization/firm, ECONOMIC THEORY, BUSINESS
ADMINISTRATION
8) Firm-firm, ECONOMICS OF ORGANIZATION, ECONOMIC THEORY,
GAME THEORY
9) Firm and environment
ECONOMIC THEORY, CONTRACT LAW, INDUSTRIAL ECONOMICS
)
Decision Problem:
The problem facing the decision maker (organization) for which the research is
intended to provide answers or information
Research Problem:
A statement of the decision problem into research terms
A practical example:
Introduction of a new product because sales are below the target
Revision of the target?
Withdraw the product?
Revise some elements in the marketing mix?
Further investigation:
Assumption about ineffective advertising
Lack of awareness among potential users?
Lack of interest among potential users?
The decision problem should focus on what needs to be done?
Bad performance in one specific supplier firm:
The ability/skills in the supplier firm?
The motivation in the supplier firm to carry out satisfactory services for the
purchasing organization
The research problem should aim at providing information which enable the decision
maker to take relevant decisions or carry out relevant actions in order to solve the
problem
Examples of failures:
Taste of food and drinks
Image of food and drinks
Instant coffee
How can you avoid to make wrong specification of the research problem?
Wait until you have explored the decision problem sufficiently before you state your
research problem
The typical research failure is to start the research process by making a proposal
stating the methods which is to be used to complete the research
A more fruitful way of doing research is to examine the decision maker’s situation
carefully in the first place with focus on:
1. The decision maker (organization) and its environment
2. Alternative courses of action
3. The objective of the decision maker
4. The consequences of alternative actions
Start by making a research request step:
1. Action: The actions that are contemplated on the basis of the research
2. Origin: The events that led to a need for action give a deeper understanding of the
decision problem
3. Information: The questions which need to be answered in order to take relevant
decision
4. Use: The way each piece of information will be used to help make the proper
decisions
5. Target and subgroups: Localize the groups from whom relevant information can be
gathered
6. Economy: Estimate the time and money that are available for
Conducting the research
Example:
Decision problem:
Sales reductions for a specific product group
1. Action:
Drop the product?
Improve marketing mix?
Improve distribution and logistics?
2. Origin:
Increased competition?
Recession in the economy?
The product life cycle is in the ending stage?
Turn over and problems in the sales force of the company
Sales development over time?
3. Information:
The information need is determined by the origin of the problem which might narrow
your research agenda when you look at the correspondence between action and origin
Suppose that we know that the competitors are winning market shares, that the market
size is maintained for the product, and that we are loosing sales volume in specific
distribution channels A marketing and/or logistic problem
4. Use:
What kind of information is relevant now?
Our firm has to pay attention to the actors in a specific distribution channel, e.g.
industrial distributors in international markets
Find sales figures for different distribution actors in this channel
Quality rating (bench marking) of the product
Sales promotion support
Prices and margin for the distribution actors
Currency development
Logistic performance, delivery time and lead time and order costs
Integration or long term relationships between dominant actors
in the distribution channel
5: Targets and subgroups
Relevant information and informants:
Within the firm:
Statistics providing sales development figures for product groups and
customers/distribution actors
Interviews or focus groups:
Top manager
Marketing manager
Sales manager
Logistic manager
Outside the firm:
Competitors/marketing intelligence
Interviews:
Distributors
Final customers
Consultancy firms
6. Economy:
Start with most available data
Make priorities among the different information sources
Research Proposal:
1. Tentative project title
2. Statement of the research problem
Describe the general problem under consideration
Why is this problem of any relevance?
Literature, new papers, journals, statement from the case firm/decision maker, some
verification is necessary
3. Purpose and limits of the project
Focus and purpose of the project should be elaborated in more details
Scope and limitations, what is left out and what is the main focus
Research questions or hypotheses
4. Outline
Tentative framework for the entire project
Literature review
Research model
5. Data sources and research methodology
Setting for the study
Primary/secondary data
Specification of informants
Data collection
6. Estimated time and scheduling
Time schedule for the different stages of the project
7. Cost estimates (research consulting firms)
Specification of costs for carrying out the project
CASE-5 (16 Marks)
The market for jewellery in India is second only to that for foods and the trade is built around
so-called family jewelers. Tanishq belongs to the House of Tata and, true to the group's
policy it aims at bringing in credibility and professionalism to the jewellery industry.
India's jewellery market is estimated to be worth Rs. 400 billion a year and the share of the
organised sector -jewellery stores and brands managed by corporate houses - stands at about
Rs. 10 billion. This small but significant niche is largely the creation of Tanishq, a path-
breaking effort that has earned a well-deserved reputation for reliability and excellence, and
for introducing pioneering concepts in an industry where tradition once ruled. The brand has
a 40% share of the organised jewellery market and a 1% bite of the overall jewellery pie.
There are more than 300,000 independent, non-branded jewellery retailers in India.
Tanishq was a trailblazing endeavour to create a national retail chain that would provide
consumers with jewellery of reliable worth and high design value. Its entry changed, in more
ways than one, the way the Indian jewellery market operates. With 66 exclusive outlets
spread across some 50 cities and a fully integrated jewellery manufacturing facility at Hosur,
in Tamil Nadu, Tanishq has emerged as one of India's biggest retailers.
The introduction of 'Karatmeters' - instruments that can be easily used by consumers to
measure the purity of gold in a non-destructive manner - at its outlets is a key innovation that
has developed tremendous equity for the brand. Another Tanishq novelty, one on which the
brand's growth strategy is premised, is in the matter of differentiated designs, be they
contemporary or traditional, Indian or international.
Modern retail values and principles in the selling of branded jewellery in Indiaare almost
completely the handiwork of Tanishq. The brand has broken fresh ground in retailing by
creating exclusive outlets with hitherto unknown in-store ambience and hospitality
touchstones. It has launched new collections at a quicker rate than its competitors, and
conducted marketing promotions and fashion shows to enhance the shopping experience of
consumers.
Although the purchase of branded jewellery is still a new experience for a whole lot of
Indians, the Tanishq brand enjoys increasing levels of consumer loyalty. In 2002, about one
million people shopped at Tanishq stores all over the country. A highlight of the brand's
success is that, while the jewellery market growth has declined during the past two years,
Tanishq has recorded an annual growth of approximately 40%.
Besides catering to Indian consumers, Tanishq has successfully entered key export markets
such as the US, the UK, the Middle East, Singapore and Australia. This is testimony to the
brand's ability to craft products that meet the requirements of varied cultures and sensibilities.
The brand Tanishq, like the Tata name, has established itself as an ethical brand, earning the
respect and affection of its consumers. The Tanishq portfolio comprises a wide range of
jewellery, including 18-carat studded products, 22- carat plain-gold products, silverware and
coins. Tanishq is the first brand in the jewellery category to introduce collections designed
exclusively for the modern Indian woman, especially working women. Among the Tanishq
collections that have caught the imagination of consumers are Aria and Diva. Collection G,
with a selection of over 90 designs, addressed the everyday jewellery needs of working
women. Positioned as ‘9-to-5 jewellery’, the collection is stylish and modern and is designed
to suit all forms of attire, western and Indian, casual and formal. The introduction of
lightweight gold –jewellery that looked heavy but was light in weight and on the purse –
marked another milestone in Tanishq’s brand history.
Tanishq’s retail boutiques are temples for the brand and are used as a platform for
celebration, be it the launch of a new collection, a new marketing promotion or a festival.
This gives Tanishq outlets a unique appeal and consumers an opportunity to heighten their
shopping experience. One of Tanishq’s more innovative ideas is to offer special schemes
during various festivals. Tanishq has also initiated a loyalty program called the Golden
Harvest Savings Scheme, which offers buyers the benefit of getting more jewellery than what
they have paid for. The scheme allows consumers to plan future purchases in advance and
pay for them in easy installments.
In sync with the Tata brand values, Tanishq is synonymous with trust and purity in a category
that is fraught with questionable practices. Being a member of the Tata family has meant that
it can leverage the group’s well-earned reputation for ethics and values in a business where
such attributes are critical to win the trust of consumers. Tanishq consumers can afford to
take issues such as purity for granted, and they know they can depend upon the brand to
deliver quality products all the time. The brand’s winning virtues in design and overall
quality have shaped a class of discerning buyers who seek the best in jewellery products.
Leadership and innovation are two of the other brand features that Tanishq is consistently
identified with. These values have helped the brand bond with its consumers like no other
Indian jewellery retailer.
Tanishq has deliberately moved away from mass-media advertising and focused on store
promotions to make the brand more accessible to consumers. This has been done to correct
the consumer perception that the brand is highly priced and only meant for the rich and the
famous. This approach has also ensured that Tanishq’s promotional approach is product-led.
Read the caselet carefully and answer the following questions:
1. Discuss the various bases or criteria for segmenting consumer markets. Explain Tanishq’s
segmentation and positioning strategy.
Ans:
Criteria for segmenting consumer markets
Measurable
A segment should be measurable. It means you should be able to tell how many potential
customers and how many businesses are out there in the segment.
Accessible
A segment should be accessible through channels of communication and distribution like:
sales force, transportation, distributors, telecom, or internet.
Durable
Segment should not have frequent changes attribute in it.
Substantial
Make sure that size of your segment is large enough to warrant as a segment and large
enough to be profitable
Unique Needs
Segments should be different in their response to different marketing efforts (Marketing
Mix).
Bases for Consumer Market Segmentation
There are number of variables involved in consumer market segmentation, alone and in
combination. These variables are:
Geographic variables
Demographic variables
Psychographic variables
Behavioral variables
Geographic Segmentation
In geographical segmentation, market is divided into different geographical units like:
Regions (by country, nation, state, neighborhood)
Population Density (Urban, suburban, rural)
City size (Size of area, population size and growth rate)
Climate (Regions having similar climate pattern)
A company, either serving a few or all geographic segments, needs to put attention on
variability of geographic needs and wants. After segmenting consumer market on geographic
bases, companies localize their marketing efforts (product, advertising, promotion and sales
efforts).
Demographic Segmentation
In demographic segmentation, market is divided into small segments based on demographic
variables like:
Age
Gender
Income
Occupation
Education
Social Class
Generation
Family size
Family life cycle
Home Ownership
Religion
Ethnic group/Race
Nationality
Demographic factors are most important factors for segmenting the customers groups.
Consumer needs, wants, usage rate these all depend upon demographic variables. So,
considering demographic factors, while defining marketing strategy, is crucial.
Psychographic Segmentation
In Psychographic Segmentation, segments are defined on the basis of social class, lifestyle
and personality characteristics.
Psychographic variables include:
Interests
Opinions
Personality
Self Image
Activities
Values
Attitudes
A segment having demographically grouped consumers may have different psychographic
characteristics.
Behavioral Segmentation
In this segmentation market is divided into segments based on consumer knowledge, attitude,
use or response to product.
Behavioral variables include:
Usage Rate
Product benefits
Brand Loyalty
Price Consciousness
Occasions (holidays like mother’s day, New Year and Eid)
User Status (First Time, Regular or Potential)
Behavioral segmentation is considered most favorable segmentation tool as it uses those
variables that are closely related to the product itself.
Tanishq’s segmentation and positioning strategy
SEGMENTATION
Niche Marketing
After its inception in 1995 focus on exports, Tanishq's designs had been
conceptualized for the Western markets and were introduced in India without any
alterations. Tanishq positioned itself as an international brand for the Indian elite. The
brand was targeted at a niche market (However they later on started targeting the
mass marketing since 1997).
Psychographic Segmentation
Life Style: Tanishq has found that 40% of the Indian women are working and they
targeted this segment wth a specific group of products called collection-G, a 9-to-5
jewellery for the working women.
Geographical Segmentation
Titan realized that, given the diverse nature of Indian ethnicity, it would have to satisfy
the tastes of all regions. So, the designs became more ethnic. Titan also decided to
transpose designs by stocking Bengali designs in Delhi, Keralite designs in Tamil
Nadu and typical designs from Tamil Nadu in Bombay in order to appeal to a variety
of people.
BRAND POSITION
Tanishq has been projected as an impeachable mark of trust by raising the awareness of the
people about unethical practices in the jewellery business and then measuring the gold purity
by caratmeter.
Tanishq also has been positioned as a branded jewellery of luxury rather than commodity. It
moves jewellery beyond investment to the fashion and adornment sector.
2. What are Tanishq’s key brand values or brand strengths? Explain.
Ans:
The market for jewellery in India is second only to that for foods and the trade is built around
so-called family jewelers. Tanishq belongs to the House of Tata and, true to the group's
policy it aims at bringing in credibility and professionalism to the jewellery industry.
India's jewellery market is estimated to be worth Rs. 400 billion a year and the share of the
organised sector - jewellery stores and brands managed by corporate houses - stands at about
Rs. 10 billion. This small but significant niche is largely the creation of Tanishq, a path-
breaking effort that has earned a well-deserved reputation for reliability and excellence, and
for introducing pioneering concepts in an industry where tradition once ruled. The brand has
a 40% share of the organised jewellery market and a 1% bite of the overall jewellery pie.
There are more than 300,000 independent, non-branded jewellery retailers in India.
Tanishq was a trailblazing endeavour to create a national retail chain that would provide
consumers with jewellery of reliable worth and high design value. Its entry changed, in more
ways than one, the way the Indian jewellery market operates. With 66 exclusive outlets
spread across some 50 cities and a fully integrated jewellery manufacturing facility at Hosur,
in Tamil Nadu, Tanishq has emerged as one of India's biggest retailers.
The introduction of 'Karatmeters' - instruments that can be easily used by consumers to
measure the purity of gold in a non-destructive manner - at its outlets is a key innovation that
has developed tremendous equity for the brand. Another Tanishq novelty, one on which the
brand's growth strategy is premised, is in the matter of differentiated designs, be they
contemporary or traditional, Indian or international.
Modern retail values and principles in the selling of branded jewellery in India are almost
completely the handiwork of Tanishq. The brand has broken fresh ground in retailing by
creating exclusive outlets with hitherto unknown in-store ambience and hospitality
touchstones. It has launched new collections at a quicker rate than its competitors, and
conducted marketing promotions and fashion shows to enhance the shopping experience of
consumers.
Although the purchase of branded jewellery is still a new experience for a whole lot of
Indians, the Tanishq brand enjoys increasing levels of consumer loyalty. In 2002, about one
million people shopped at Tanishq stores all over the country. A highlight of the brand's
success is that, while the jewellery market growth has declined during the past two years,
Tanishq has recorded an annual growth of approximately 40%.
Besides catering to Indian consumers, Tanishq has successfully entered key export markets
such as the US, the UK, the Middle East, Singapore and Australia. This is testimony to the
brand's ability to craft products that meet the requirements of varied cultures and sensibilities.
The brand Tanishq, like the Tata name, has established itself as an ethical brand, earning the
respect and affection of its consumers.
The Tanishq portfolio comprises a wide range of jewellery, including 18-carat studded
products, 22-carat plain-gold products, silverware and coins. Tanishq is the first brand in the
jewellery category to introduce collections designed exclusively for the modern Indian
woman, especially working women. Among the Tanishq collections that have caught the
imagination of consumers are Aria and Diva. Collection G, with a selection of over 90
designs, addressed the everyday jewellery needs of working women. Positioned as ‘9-to-5
jewellery’, the collection is stylish and modern and is designed to suit all forms of attire,
western and Indian, casual and formal. The introduction of lightweight gold – jewellery that
looked heavy but was light in weight and on the purse – marked another milestone in
Tanishq’s brand history.
Tanishq’s retail boutiques are temples for the brand and are used as a platform for
celebration, be it the launch of a new collection, a new marketing promotion or a festival.
This gives Tanishq outlets a unique appeal and consumers an opportunity to heighten their
shopping experience. One of Tanishq’s more innovative ideas is to offer special schemes
during various festivals. Tanishq has also initiated a loyalty program called the Golden
Harvest Savings Scheme, which offers buyers the benefit of getting more jewellery than what
they have paid for. The scheme allows consumers to plan future purchases in advance and
pay for them in easy installments.
In sync with the Tata brand values, Tanishq is synonymous with trust and purity in a category
that is fraught with questionable practices. Being a member of the Tata family has meant that
it can leverage the group’s well-earned reputation for ethics and values in a business where
such attributes are critical to win the trust of consumers. Tanishq consumers can afford to
take issues such as purity for granted, and they know they can depend upon the brand to
deliver quality products all the time. The brand’s winning virtues in design and overall
quality have shaped a class of discerning buyers who seek the best in jewellery products.
Leadership and innovation are two of the other brand features that Tanishq is consistently
identified with. These values have helped the brand bond with its consumers like no other
Indian jewellery retailer.
Tanishq has deliberately moved away from mass-media advertising and focused on store
promotions to make the brand more accessible to consumers. This has been done to correct
the consumer perception that the brand is highly priced and only meant for the rich and the
famous. This approach has also ensured that Tanishq’s promotional approach is product-led.
3. What are the strength and weakness of Tanisq.
Ans:
STRENGTH
Purity (karat meter)
Distribution network and retailing store
Award winning designs
Diversity in jewellery gold/diamond/platinum
Competitive prices
WEAKNESS
Capture Rs 70,000-crore
Escalated gold costs lower margins
Strength
Purity of the jewellery through karat meter is still the sign of total purity. Distribution
network and retailing store are in place for the company with 130 stores countrywide. Mind
boggling/award winning designs have come for the company. Diversity in jewellery
gold/diamond/platinum enhances the product range of the company. We also have
competitive prices for the entire product ranges as compared to the competitors.
Weaknesses
Capture Rs 70,000-crore Indian jewellery market. Tanishq comprises a small share of the
overall Rs 70,000-crore Indian jewellery market and hence it needs to increase its market
share in this huge industry. Escalated gold costs has caused lower margins is to push sales as
much as possible.
CASE-6 (16 Marks)
A recent survey on washing machines conducted among housewives showed that most of
them belonged to middle income households, were generally employed had growing up
children and preferred a compact, easy-to-use, top-loading washing machine. They wanted a
machine that gets clothes clean and comes with a trouble-free service. If you were the
marketer of Whirlpool's washing machine, how will you use this information for planning
your marketing strategy?
Ans:
Whirlpool, right from its inception in 1911 as first commercial manufacturer of motorized
washers to the current market position of being world's number one manufacturer and
marketer of major home appliances, has always set industry milestones and benchmarks. The
parent company is headquartered at Benton Harbor, Michigan, USA with a global presence in
over 170 countries and manufacturing operation in 13 countries with 11 major brand names
such as Whirlpool, KitchenAid, Roper, Estate, Bauknecht, Laden and Ignis. The company
boasts of resources and capabilities beyond achievable feat of any other in the industry.
Whirlpool initiated its international expansion in 1958 by entering Brazil. However, it
emerged as truly global leader in the1980's. This encouraging trend brought the company to
India in the late 1980s. It forayed into the market under a joint venture with TVS group and
established the first Whirlpool manufacturing facility in Pondicherry.
Soon Whirlpool acquired Kelvinator India Limited in 1995 and marked an entry into Indian
refrigerator market as well. The same year also saw acquisition of major share in TVS joint
venture and later in 1996, Kelvinator and TVS acquisitions were merged to create Indian
home appliance leader of the future, Whirlpool India. This expanded the company's portfolio
in the Indian subcontinent to washing machines, refrigerator, microwave ovens and air
conditioners.
Today, Whirlpool is the most recognized brand in home appliances in India and holds a
market share of over 25%. The company owns three state-of-the-art manufacturing facilities
at Faridabad, Pondicherry and Pune. Each of these manufacturing set-ups features an
infrastructure that is witness of Whirlpool's commitment to consumer interests and advanced
technology.
In the year ending in March '09, the annual turnover of the company for its Indian enterprise
was Rs.1,719 Crores.
The company's brand and image speaks of its commitment to the homemaker from every
aspect of its functioning. It has derived its functioning principles out of an undaunted
partnership with the homemakers and thus a slogan of “You and whirlpool, the world's best
homemaker” dots its promotional campaigns. The products are engineered to suit the
requirements of ‘smart, confident and in-control' homemaker who knows what she wants.
The product range is designed in a way that it employs unique technology and offers
consumer relevant solutions.
KAJOL: On association with Whirlpool:
"Whirlpool believes in providing world-class quality to its consumers. Whirlpool is a
'‘Perfect partner to the demanding homemaker' of today. Whirlpool's products are stylish,
modern and contemporary with elegant looks and reflect the sense of pride homemakers take
in choosing them for their homes."
AJAY:On association with Whirlpool:
"Whirlpool brand has successfully emulated the dreams, aspirations and expectations of
Indian home maker through the years. It symbolizes a relationship based on equality, love
and romance, which is why I agreed to represent the brand," declares Ajay Devgan. " We
are very pleased to be associated with Whirlpool – the leaders in home appliances”, he adds.
For a 100 years of now, Whirlpool has been synonymous with excellence in fabric cleaning
and care:
6th sense is womens' intuition captured by technology. It enables our machine to adjust
water level and detergent quantity depending on your wash load and fabric type.
Stain wash : Brings together unique properties of Hogwash and 1-2 , 1-2 hand wash to
completely remove all common household stains
CASE-7 (16 Marks)
A company wishes to launch a new tooth paste which can effectively prevent cavities and
tooth decay as well make teeth whiter. But the tooth paste market is highly crowed with
multiple brands. Design a questionnaire to identify product attributes important to consumers
and consumer purchase behaviour. Also decide the target group on whom the questionnaire
can be executed.
Ans:
QUESTIONNAIRE
1. Name ________________________________
2. Age ________ , Gender _______ , Contact No.
____________________
3. Which Tooth Paste do you like most?
Close up Pepsodent Colgate
4. Status : Student Professional House Wife Businessman
5. Number of Tooth Pastes used per month ______
6. Which Brand do you like most ?
HLL Colgate-Palmolive
7. Which are the factors that influence you the most when you buy a tooth paste?(Give
Ratings 1-8 )
a) Price b) Colour c) Advertisement d)
Packing
e) Scheme f) Availability g) Taste h) Liking
8. Which attribute do you look for, when you buy a tooth paste?
( Rank in order of preference from 1 - 6 , the brand which has these attributes )
a) Healthy tooth & gums b) Long lasting freshness c) Prevention
of tooth decay
d) Whiteness e) Use of Natural herbs f) Good foam
9. The tooth paste advertisement that like most is of
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
- - - - - - - - - - - - - - -
10. I would switch to another brand, possibility for one or more of the following reasons :
a) Price rise of my current brand
b) Better packing of another brand
c) Scheme with another brand
d) Advertisement impact
e) When my brand is not available
f) To try new option
g) Influence by other
Tooth paste should try to target the youth segment by using Celebrities in their
advertisements. It is good thing that they mostly use Dentists to attract the customers but as
compared to HLL, they always use models and young people in their advertisements.
Celebrities attract today’s youth more.