Académique Documents
Professionnel Documents
Culture Documents
17/FMS/MBA/069
MRIIRS, FARIDABAD
1
DECLARATION
This work is original and has not been submitted to any other University/Institute
for an award for any degree/diploma.
Date: Name:
Place: Signature:
Signature:
2
ACKNOWLEDGEMENT
3
ABSTRACT
The purpose of this research is to describe and analyze growth avenues for
creambell ice-cream in Indian sector. The Indian ice cream industry is one of
the fastest growing segments of the dairy or food processing industry, with
increasing disposable income and the changing lifestyle of people, the sector
has a great potential for growth.
Everybody has its own favorite brand or flavor for ice- cream. While each
manufacturer tries to give different flavor or recipes due to tough
competition, ice -cream production basics are almost the same everywhere.
The project gives insights about consumer awareness and demand of cream
bell ice-cream and its different products over its competitors. As , there is
close competition between the companies , each one is trying to provide
quality in a product along with unique look , design , color and taste &
preference , and providing better services every day.
People act and react on the basis of their perception, which also underlies
preferences, the consumer perception basically depend upon the type of
product he/she is dealing with. It includes various factors such as preference
insight, quality, feasibility, smell, taste and touch.
4
COMPANY PROFILE
1.1 INTRODUCTION
Devyani Food Industries Limited is one of the fastest growing ice cream company
in the country with its foot prints in neighboring nation too, it is among the top 5
leading ice cream brands in India and known for its quality product innovation.
Cream bell bags approximately 15% market share in ice cream industry marking its
presence in 19 states and being dominant market player in many of the region. Its
product quality and availability has made this brand widely acceptable in the
hospitality sector, thereby making eminent presence in various 5 & 7Star hotels. Our
strategy to make Cream Bell as one of the most acceptable ice cream brands is
helping us to reach every nook and corner of the territory where we operate in.
Creambell boasts of world class standards in area of product quality. Every batch of
ingredient goes through a stringent quality control before taken for production. The
quality standards are in consonance with international norms, and no effort is spared
to ensure world class product reaches the hands of the end users. Its Plants are ISO
9001:2008 & ISO 22000:2005 and HACCP Certified.
Cream bell, for the last several years has been the proud recipient in the "Great Indian
Ice Cream Contest" conducted by Indian Diary Association. Out of 18 major Ice
Cream brands in India. Cream bell has won 10 "HIGHEST IN CATEGORY
AWARDS" for the last serval years.
5
DISTRIBUTION CHANNEL
Factory
Retailer
Consumer
6
1.2 SWOT ANALYSIS
STRENGTH
WEAKNESS
CREAMBELL has a goodwill, but few products need more advertisement.
Due to large product line the company is unable to pay adequate attention to some
of its product.
OPPORTUNITIES
THREATS
There are five brand of ice cream in the market but other leading companies are
also thinking to approach in this segment.
Aggressive advertisement of the competitors.
7
PRODUCTS INFORMATION
The below are the latest products of company. Among them
excluding ball top all the other products are running in the market with
a good potentiality. Creambell consists of around 140 varieties of products
in their basket and some of them are as follows: -
8
LITERATURE REVIEW
A rising trend in consumption of ice cream and other frozen novelties in winter has
discarded its seasonal impact due to different factors as changing consumer
perception, capturing regional variations, diverse consumer segment, product range
and innovation, festive and promotion (Dutta , 2015.)
Currently ice cream market in India is estimated to be over INR4000 crores, and is
growing at a rate of 15-20% year on year. It is estimated by 2019, the market will
reach 6,198 crores ( Gautam , 2016).
Innovation in packaging is also contributing to the growing demand for take home
products as these new packs are more convenient to carry and store as compared to
old ones , it includes cups ,cones, ice-lollies, sandwiches, ice-cream bars and
sticks.
About 71 per cent of Indian take notice of pack-aged goods' labels containing
nutritional, information compared to two years ago which was only 59 percent
(Nielsen, A.C.).
The rising prices of raw materials allowing companies to switch for cheapest
substitutes which can be an issue as the government has imposed strict regulations
on the composition of raw materials of ice cream (Mahendru , 2013).
The food and safety standards authority of india (FSSAI) has regulated that ice
cream should have 10 to 18% milk fat, depending on type of icecream.
9
THEORITICAL REVIEW:
Consumer is the king and it is the consumer who determines what a business is.
Therefore, a sound marketing program should start with a careful analysis of the
habits, attitudes, motives and needs of consumers.
Knowledge of consumer behavior would render immense help for planning and
implementing marketing strategies.
Thirdly, by gaining a better understanding of the factors that affect buyer behavior,
marketers are in a better position to predict how consumers will respond to
marketing strategies.
10
Consumer Decision Behavior
Limited decision-making
Extensive Decision-making.
11
CONSUMER DECISION BEHAVIOUR
Level of Amount
Frequen- Time
Degree prior of
Consumer experien
cy of
percei- pressure
of search purchase
decision -ce ved risk
making
12
Factors Influencing Consumer Buying Behavior:-
Several factors determine the buying behavior of consumers. These factors may be
classified as follows:
1. Personal Factor:
(b) Life style: Life style means an individual’s pattern of living expressed through
activities, interests and opinions. Life style patterns include the ways people spend-
time, the extent of their interaction with others, and their general outlook on life
and living, people partly determine their own life styles and partly these are shaped
by personality and demographics.
13
(c) Situation
Situational factors are influences resulting from circumstances, time and location
that affect the consumer buying behavior.
2) Social factors:
The factors that other people exert on buying behavior are called social factors.
These factors are as follows:
(a) Roles and Family -Role means the activities that a person is supposed to
perform. A person occupies several positions and, therefore, he/she has
many roles.
(b) Reference Group -A reference group is any group that exercises a positive
are three major types of reference groups—membership, aspiration and
dissociative. A reference group may serve as an individual, point of
comparison and source of information.
(c) Opinion leader- The reference group members who provides information
about a specific share that interests members of the group is called opinion
leader. An opinion leader is likely to be most influential when consumers have
high product involvement buy low product knowledge, when they share the
attitudes and values of the opinion leader and when the product details are
numerous and complicated.
(d) Social Class A social class means an open group of individuals with
similar social rank. Quite often people in a society are classified into upper,
middle and lower classes on the basis of their income and occupation.
Consumers belonging to a particular social class tend to have common
behavioral patterns. They may have similar attitudes and values.
14
influences how we buy and use products. Cultural changes affect marketing
mix.
Factors that operate within individuals and determine their general behavior are
as follows:
(b) Motives- A motive means an internal force that orients a person’s activities
towards need satisfaction. A set of motives affects a buyer’s actions. Motives
that influence where a person buys products on a regular basis are known as
patronage motives. These include location, price, variety, service and behavior
of sale people. Marketers use depth interviews, projection and other methods to
know and understand the motives of buyers.
15
(f) Self-Concept -Self-concept of self-image means a person’s perception or
view of himself. Individuals develop and alter their self-concept through
interaction of social and psychological dimensions. Research shows that a buyer
purchases products that reflect and enhance the self-concept. A person’s self-
concept may also influence selection of products category and brand.
The process which consumers proceed while making their buying decisions is
known as the consumer buying decision process. This process consists of five
stages a s shown in following fig.
1. Problem Recognition
A buyer recognizes the problem when he becomes aware of the desired state
and an actual condition. The speed with which a consumer recognizes the
problem can be quite fast or slow. Sometimes, a person has a problem or need
16
but is unaware of it. Marketers use advertising, personal selling and other
methods to help trigger recognition of such needs or problems.
2. Information search
3 . Evaluation of alternatives
4.Purchase
In this stage the buyer chooses the product or brand to be bought. Product
availability may influence which brand is purchased. The terms of sale (price,
delivery, warranty, maintenance agreement, installation and credit arrangement)
are settled finally, the actual purchase takes place.
5. Post-purchase behavior
After the purchase, the buyer begins evaluating the product to ascertain if its
actual performance meets the expectations. Many criteria used in evaluating
alternatives are applied again for this purpose. The outcome of this stage is
either satisfaction of dissatisfaction. Shortly after purchasing an expensive
product, a buyer doubts whether he make the right decision.
17
Buying Motives of Consumers
18
MARKETING STRATEGY
PRODUCTION PROCESS
Introduction to Production:-
P r o d u c t i o n i s a p r o c e s s o f c o n v e r si o n o f r a w ma t e r i a l s i n t o
f i n i s h e d goods with the use of different resources. An d t h e
p r o d u c t i o n p r o c e s s i s t h e c o mb i n a t i o n o f c e r t a i n s te p s t o obtain
the final product. These steps collectively are said as process.
M a n y p r o c e s s e s a r e u n d e r t a k e n i n c r e a mi n g b e f o r e mi l k a n d mi l k
products reach the hands of the final consumer.
Ice-cream filling
Marketing channel
Cold storage
19
Transportation by AC isolated vehicles
Distributors
Dealers
Customers
DEAMND FARECASTING
Fore casting demand is a very important task in marketing. Different company has
different techniques and so has Creambell.
The main sources of measuring the demand unit taken into account the past sales in
the different reasons and measures demand.
Sales promotion, production and lost but not the least through in built exercise or in
build data.
Demand Measure
Past Sales
Kind of Output’
Expected Growth
20
Sales Production
Production
Inbuilt Exercise
Marketing Chart
Office Manager
Advertising Manager
Sales Manager
From the view point of companies marketing mix, it has not defined any particular
segments. But we can say the company has concentrated and differentiated
marketing strategies.
The target of Creambell is to cover all the market in India. For this target the
company has preparing all possible activities. The financial condition for this target
is very good.
21
Positioning :
The company can always give a good & healthy product to the customer. So, those
customer are satisfied the product which is made in Creambell Company gives
product which made in vegetarian product. It is for the entire segment. This is a
position of the Creambell.
MAKRETING MIX
Once the company has decided on its overall competitive marketing strategy, it is
ready to being planning the details of the marketing mix. The marketing mix is one
of the major concepts in modern marketing. We define marketing mix as the set of
contradictable tactical Marketing tools that the firm blends to produce the response
it wants in the target marketing. The marketing mix consists of everything the firm
can do to influence the demand for its product. The many possibilities can be
collected into four groups of variables known as the “Fowo Ps” : Product, price, once
and price and promotion.
Marketing Mix.
PRODUCT PORTFOLIO
1. Royal Gulab
2. Vanila
3. Stawberry
4. Fresh Pineapple
5. Tuti Prufi
6. Chocolate
7. Real Manago
8. Chocolate Chips
9. Fresh Strawberry
10. Kaju Draksh
11. Butter Scotch
12. Bonanza
13. Black Coffee
14. Black Current
15. Orange Tank
16. Swiss Caoke
17. Kesar Pista
18. Kaju Anjir
19. Lonavati
20. Alaround Carnival
21. Fresh Stawberry Almond
22. Rajbhog
23. Kesar Malti.
Slice Ice-Cream
24. Three-in-one.
25. Raja Rani
26. Cassata Cut
27. Fifty Fifty
23
28. Topo Cones
29. Chock Vanilla
30. Stawberry
31. Chocolate
32. Butterscotch
33. Kesar Pista
Candies
34. ColaPop
35. Double Hit
36. Mini Chocolate
37. Kaju Candy
38. Rasberry Dolly
39. Mango Dollley
40. Chocolate
41. Chopaty Kalfi
42. Zulu Bar
Nobilities
49. Vanilla
50. Butter Scotch
51. Bonanza
52. Kaju Draksh
53. Kesar Pista
24
PRODUCT DECISION
(1) Quantity :
(2) Features :
In the product of the Creambell there are certain features to attract customer
is good fest and better best quality product.
(3) Design :
The company product design is attract to the product which attract it and make
competition with other companies product.
The Brand name and place is very important role in the selling of product
brand name ‘Creambell’
(5) Packing :
25
RESEARCH PURPOSE AND METHODOLOGY
Purpose: -
Objectives of research: -
1. To study the brand awareness of people towards cream bell ice cream .
2.To study the consumer preferences of creambell ice cream over other
competitive brands.
4. To know the factors which affects the consumer’s buying behavior to purchase
the ice cream.
Research methodology
SAMPLE DESIGN
26
RESEARCH DESIGN
Primary Data:
The primary data was collected by preparing the questionnaires, and
personal interaction with people.
Secondary Data:
The secondary data was collected from company’s in-house journals, magazines,
company records and online website.
RESEARCH INTRUMENTS
Questionnaire design:
As the questionnaire is self-administrated one, the survey is kept simple and user
friendly. Words used in questionnaire are readily understandable to all respondent.
Also, technical jargons are avoided to ensure that there is no confusion for
respondents.
Exploratory research
Exploratory research seeks to discover new relationship, emphasis on discovery of
ideas. Marketing researches devote a significant portion of their work on
exploratory studies when very little is known about the problem being examined.
Recommendation:
Recommendation and suggestions have been given based on data analysis.
27
DATA ANALYSIS AND INTERPRETATION
10%
30% amul
20% creambell
kwality walls
vadilal
40%
Interpretation – The response of 100 people are taken out of which 30% of people
are aware of amul ice-creams , 40% are aware of creambell ice-cream and rest 20
and 10 % of people are aware of kwality walls and Vadilal.
20%
yes
no
80%
28
Interpretation – Out of 100 respondents 80% people tasted creambell ice-
cream while 20 % still not tasted yet .
15% quality
10% price
availability
10% 60% taste
5% flavours
29
4. How do you find the creambell ice-cream ?
10%
20%
10% extremely tasty
good
average
tasteless
60%
Interpretation – Out of 100% , the people who found creambell ice cream
extremely tatsy are 60% , while 20% found it good , 10% of people find it average
while other 10% found it tasteless .
5. If creambell increases its price to extend quality , would you buy the ice-cream?
15%
yes
no
85%
30
Interpretation – 85% of people responded that they will still buy the cream bell ice-
cream if the company would increase its price to improve quality but 15% of
respondents denied for the same.
30
television
magazine
50
reference
hoaldings
20
31
6. Do packaging of products affect the buying behviour of consumers ?
30%
yes
no
70%
7. Do you feel creambell should improve its packaging quality so that the ice
cream should not flow outside ?
32
20%
30% agree
strongly agree
10%
disagree
strongly disagree
40%
Interpretation – 40 and 20 percent (60) percent of people are agreed to the fact
that creambell should improve its packaging quality to the maximum while 40
percent are already satisfied with the packaging
15%
Amul
5%
vadilal
kwality walls
20% 60%
mother dairy
15%
yes
no
85%
Interpretation – 85% of people who are really health conscious believe creambell
should launch low fat and sugar free icecream, rest 15% are ok with available
products .
34
10. Where you most enjoy the ice-cream?
10%
20%
parlour
home
restaurant
40%
30% others
10%
yes
no
90%
35
Interpretation- 90% of the people agree to the fact that there is no separate ice
cream parlour at their place , while 10% says the ice-cream parlor is available at
their places.
Recommendations
Suggestions a nd Recommendations
After conducting the survey I would like to give few suggestions as follows-
The company needs to work on the advertising strategy in the Ice-cream division
as they are doing in butter division since majority of consumers are not even aware
about the schemes run by the company.
Although company has good market share in NCR region due to its Brand name
but it could increase its share significantly through massive direct marketing
because there are still some untouched area where the product is not regularly
available.
The packaging material of ice cream party pack should be either container or
plastic sheets instead of being hard board sheets as it is available in other big cities
also.
36
More schemes should be launched to boost the awareness of the Creambell Ice
cream and remain in competition with the foreign players.
To enhance the consumer buying and consuming habit company should apply
new promotional tools like mass marketing and customization of the product.
Company should introduce Low fat and less sugar Ice cream segment to
penetrate new market.
Company should target youth and children for the product like Candies, Pops
Ice-cream and should know what exactly consumer wants.
Conclusion
FINDINGS
A small segment of the respondents think that the Creambell is the best brand
among suggested option. All the rest of them think that there are other good
options also available like Amul and Vadilal.
Major chunk of the respondents feel that the best feature of Creambell is its
Quality and taste. The adequate price of the product is the second valuable feature.
Customers are highly quality conscious than price sensitive these days . They
are ready to pay higher prices for better quality products .
When asked to recall an advertisement in respect of any schemes launched by
company, almost all the respondents were able to recall only one or two
advertisements. Majority of respondent are not even aware about many schemes.
TV advertising provides a unique blend of sight, color, movement, sound,
repetition and presentation of the products. This helps TV commercials to gain
advantage over other Media.
38
REFERENCES
39
ANNEXURE
Name:
Age:
Profession:
a) Amul
b) Creambell
c) Kwality walls
d) Vadilal
a) Yes
b) No
a) Quality
b) Price
c) Availability
d) Taste
e) Flavours
a) Extremely tasty
b) Good
c) Average
d) Tasteless
40
5. If creambell increases its price to extend quality, would you buy the ice
cream ?
a) Yes
b) No
a) Television
b) Magazine
c) Reference
d) Hoarding
a) Yes
b) No
8. Do you feel cream bell should improve its packaging quality so that ice
cream should not flow outside ?
a) Agree
b) Strongly agree
c) Disagree
d) Strongly disagree
a) Amul
b) Vadilal
c) Kwality walls
d) Mother dairy
10. Do you think creambell ice-cream should launch low fat and sugar free ice-
cream?
a) Yes
b) No
41
11.Where you most enjoy the ice-cream?
a) Parlour
b) Home
c) Restaurant
d) Others
a) Yes
b) No
42