Final Report For Market Study of Pickles
Final Report For Market Study of Pickles
BATCH-3
FINAL REPORT
ON
MARKETING RESEARCH
OF
PICKLES
IN RAJENDRANAGAR
SUMITTED BY:
ALIPATE NAULIVOU,
SHIPRA JAIN,
ABHISHEK KUMAR,
SUBMITTED TO:
CONTENTS
3.3 THE FLAVOUR OF THE PICKLE WHICH THE COSUMER RANKED AS No. 1: .....................................14
3.5 CHANGE OF THE FLAVOUR BY THE CONSUMER AS PER THE SEASON: ..........................................16
3.6 SATISFACTION OF THE CONSUMER WITH THE PRICE OF THE PICKLES PREVAILING IN THE
MARKET: ..............................................................................................................................................16
3.8 PREFERENCE OF THE CONSUMER TO THE MORE OIL AND CHILLIPOWDER CONTENT: .................18
4.1 THE FLAVOUR OF THE PICKLE THAT IS SOLD MOST IN A DAY: .......................................................21
6.2 COST INCURRED FOR CONDUCTING COMPILATION AND REPORT MAKING: ................................26
ANNEXURES: .......................................................................................................................................32
PART H: QUESTIONNAIRE FOR THE HOUSEHOLD FOR PICKLE CONSUMPTION SURVEY .....................32
.....................................................................................39
PART A: INTRODUCTION
1.0 BACK GROUND
At present, the percentage usage of pickle in the households of lower class and middle class
families is also showing declining trend when the major competitors entered into the
market with the supplementary products to the pickles such as chutneys, jams, ketchup etc..
Andhra Pradesh occupies the top position in the race of the pickle consumption. Almost 80%
of the households of Andhra Pradesh are using different flavours of pickles. Out of the three
parts of Andhra Pradesh i.e., Rayalaseema, Coastal, Telangana region, coastal region
consumes more amounts of pickles, and then comes the Rayalaseema and Telangana
respectively. Since the consumption of pickles is high in the state the production firms are
also more in number leading to a competition.
Andhra Pradesh is one of the promising states in the country in promoting the horticulture
sector. Andhra Pradesh always stands in top three positions every year in the fruit
production (except some geographical fruits). In this state the pickle is consumed by each
and every section of the society without relating the product to one region or religion or
caste or creed. When there is a hike in the prices of the vegetables then most of them prefer
pickles as a supplementary curry with rice.
Most of the women empowerment organisations are also organising the village women into
small groups called SHG’s and encouraging them to produce different flavours of pickles so
that it sustains the life of the poor.
The activities done in these SHG’s is giving training to the interested women in preparing
the pickles of good quality with optimum nutritional standards and proper packaging of the
prepared pickles. This activity not only sustains their life but also provides year round
income to them. Most of these women empowerment organisations concentrate more on
the weaker sections of the society uplifting them from the poverty web.
1.4 OBJECTIVES:
II. To find out the preferences of consumers for pickles among the various available
alternatives like jams, ketchup etc.
III. To find out the major share of the available retailers for pickles in the market.
Income Income
level level
10,001- 25,001-
2,000-10,000 >40,000
25,000 40,000
age
season
1-20 Jan-Mar
21-35 Apr-Jun
36-50 Jul-Sep
51-80 Oct-Dec
The total number of households in the Rajendranagar is 1000 (approx.). The average
number of family members in each and every household is 5-6 and therefore the total
population of this Rajendranagar is 6000.
The factors considered in the determination of the sample size are 3 viz., Income level, age
and seasonality and by the strata method we found the sample size as 6000/64, this gives
the sample size as 93.75 and making it into a round figure 100 individuals and in this market
study we treated each individual as one household and therefore we made the sample size
as 100 households.
Three major stake holders were identified viz..,. Households, retailers, institutional buyers.
All the above stake holders were investigated by administering structured questionnaires.
The following table gives us the list of all stake holders investigated.
Street Total
MANIKYAMMA 20 17 2 2 0 0 19
COLONY
VENKATESWAR 20 17 0 0 0 0 17
A COLONY
NIRD STAFF 30 30 0 0 0 0 30
QUARTERS
ARI CAMPUS 10 04 4 3 6 3 10
STAFF QUARTERS
ROAD
PREMAVATHI 20 18 4 2 4 2 22
PET
TOTAL 100 86 10 7 10 5 98
Rajendranagar town is the financial, economic, political and educational town of Andhra
Pradesh. Approximately 30% of the total population of Hyderabad are employed in the
formal sector and generally the urban population generally has a higher purchasing power.
The rising average income is leading to greater demand for high-value processed food.
We are in the process of introducing a new brand of pickle to Rajendranagar town which is
the hub of educational institutions and the households and also for the students living as
bachelors and therefore we have selected a small town with varied sectors living together in
a relatively small market.
Out of the total market share the pickle of PRIYA brand has a share of about 66% and
the other two brands viz..,. MOTHER’S PICKLE and THE MANASA PICKLE has a share of
8% each.
3. Mamtha pickle
4. Manasa pickle
5. Sunrise pickle
Apart from the mentioned 3 major brands the above mentioned 5 minor brands also exist in
the Rajendranagar market area. Among these 5 minor brands the SURYA PICKLE and THE
SUGUNA PICKLE occupies a major market share i.e, 7% and 6% respectively.
From the above share of major and minor brands we can say that the only that occupied the
double digit market share is PRIYA PICKLE with the market share of 66 % in the
Rajendranagar market area and the remaining brands have their market share in single
digits only.
MOTHER PICKLE
8%
PRIYA PICKLE
66%
From the above we can draw a conclusion that, if we want to introduce a pickle of new
brand we have to follow the quality parameters and the price and taste parameters on par
with the PRIYA pickle brand, and also our major competitor for our product will be the
PRIYA pickle.
GENDER RESPONDENT
FEMALE
43%
MALE
57%
60
53
50
40
TYPE OF PICKLE THE CONSUMER
CONSUMES
30
20 17 16
10
0
BOTH READYMADE HOMEMADE
The most preferred brand i.e. Priya pickle is unable to convert these 18% of the homemade
pickle consumption people either to the readymade pickles or to the both. So our main
target people may be this 18% of the population because if we are able to change their
preference from homemade to readymade pickle or both. It would be easy to step into this
highly competitive market if we are able to shift the choice of non-consumers of readymade
pickles into our brand.
80
70
60
50
40
63
30
20
19
10
3 1 1 3 1 1
0
LEMON MANGO TOMATO EGG PICKLE GINGER HIBISCUS MIXED VEG. GOOSEBERRY
(FIG-4 A BAR GRAPH REPRESENTING THE FLAVOUR OF THE PICKLE THAT IS RANKED AS
No.1 BY THE CONSUMER)
This statistics shows the consumer’s preference to the flavour of the pickle. The mango
flavour is the most preferred flavour. Also from the survey it was found out that the even
the brands holding smaller market share mostly market mango flavoured pickle. So our
major area of concentration would be mango pickle which holds the market in preference
along with tomato and lemon for the time being. Once the brand is established other
flavours will be launched into the market.
ONCE IN A YEAR
16%
ONCE IN TWO WEEKS
16%
50
40
31 YES
NO
30
20
10
0
CHANGE OF THE FLAVOUR BY THE CONSUMER AS PER THE SEASON
(FIG-6 A BAR GRAPH REPRESENTING THE CHANGE OF FLAVOUR AS PER THE SEASON BY THE
CONSUMER)
NOT POSSIBLE
15%
YES
51%
NO
34%
(FIG-7 A PIE CHART REPRESENTING THE SATISFACTION OF THE CONSUMER WITH THE
PRICE)
PACKAGE PREFERENCE
SACHETS
26%
BOTTLES
74%
51
50
40 YES
35 NO
30
20
10
(FIG-9 A BAR GRAPH REPRESENTING THE CONSUMER PREFERENCE TO MORE OIL AND CHILLI
POWDER CONTENT)
60 59
50
YES
40 NO
30 27
20
10
(FIG-10 A BAR GRAPH REPRESENTING THE WILLINGNESS OF THE CONSUMER TO CHANGE THE
BRAND)
MANGO
44%
TOMATO
19%
LEMON
HIBISCUS 13%
6%
(FIG-11 A PIE CHART REPRESENTING THE FLAVOUR OF THE PICKLE WHICH IS SOLD MOST BY THE
RETAILER)
(FIG-12 A PIE CHART REPRESENTING THE QUANTITY OF THE PICKLE BY EACH RETAILER ON
MONTHLY BASIS)
YES
80%
(FIG-13 A PIE CHART REPRESENTING WILLINGNESS TO CHANGE THE BRAND BY THE INSTITUTIONAL
BUYER)
Budget head Unit Unit cost (Rs) No. of unit Total amount
Stationary --- --- --- 400
Salary for
Rs/person 250/day 2 1, 500*
surveyors
Transport
Rs/to and fro 50/day 2 300*
allowance
Food Rs/person 80/day 2 480*
Miscellaneous --- --- --- 300
Communication
--- --- --- 250
charges
Opportunity cost
Rs/person 200/day 2 1, 200*
of the surveyors
Total 4, 430
NOTE: Number of surveyors are 2. They surveyed 30 sample units per day for
covering98 surveys which included 86households, 7retailers and 5
institutional buyers. This survey is carried for 3 days.
*Total amount for salary of surveyors, for transport allowance and for food is obtained by
using the formula = unit cost*no. of units*no. of days surveyed.
Budget head Unit Unit cost (Rs) No. of unit Total amount
Stationary --- --- --- 600
Total 4, 380
*Total amount for salary of surveyors, for transport allowance and for food is obtained by
using the formula = unit cost*no. of units*no. of days surveyed.
Budget head Unit Unit cost (Rs) No. of unit Total amount
Stationary --- --- --- 200
Salary for
Rs/person 500/day 1 500*
compiler
Food Rs/person 80/day 1 80*
Miscellaneous --- --- --- 300
Communication
--- --- --- 150
charges
Opportunity cost
Rs/person 400/day 1 400*
of the surveyors
Total 1, 630
NOTE: The compilation and report making is done for one day by one resource
person.
*Total amount for salary of surveyors, for transport allowance and for food is obtained by
using the formula = unit cost*no. of units*no. of days surveyed.
7.0 SEGMENTATION:
Major segment group involved in the market will be:
7.1 POSITIONING:
The product will be positioned in the market for various consumers differently. The
institutional consumer would be provided with well packed 1000 gm, 2000 gm and 5000 gm
bottles and tins. For the household consumer there will be various choices of volumes that
the consumer prefers.
7.2.1 PRODUCT:
The pickles are usually packaged in the sachets or glass bottles. When packaging is done in
sachet, the sachet will have a transparent portion so that the buyers while purchasing our
product can observe the quality of that product and also the amount of oil content.
Moreover, the packaging of the pickle of different flavours will be done in an attractive
manner.
The customer who purchases the pickle is buying not just a pickle but also satisfaction. The
pickle should be value for money. The aim is to ensure that our potential customers
purchase our pickle. To ensure this, branding of the product will be done added with
features and benefits that offer a differential advantage from the competitors.
7.2.2 PLACE:
The pickles of different flavours fully packaged will be given to the distributors who will be
chosen by us based on the years of experience and reputation in the market. Moreover, the
distributors will be supplied products on the daily basis and payment has to be made in a
weeks’ time. These distributors in turn sell the produce to the retail stores. It is important to
use the channel of distributors to make our product available in each and every retail shop.
7.2.3 PRICING:
The pricing strategy will start from the base price of Rs 5(50gm). This will encourage the
students and also the small households to try the new brand of pickle. Also this gives us a
competitive edge to compete with the branded competitors available. The range of prices
will be Rs 12(100gm), Rs 21(200gm), Rs 27(250gm), Rs 55 (500gm), and Rs 95 (1000gm).
7.2.4 PROMOTION:
Our major promotion strategy will be centred on the benefits of eating our branded pickle
when compared to the others. We will do the door to door distribution of pamphlets about
our branded pickle and in that pamphlets we mention about the features and quality
parameters maintained while preparing. Also there will be a feedback system at each shop
and also through online mode where consumers can put up their grievances and any
modifications if required. As it is being launched in a small area just on the pilot basis, local
city channel will be used as a mode of publicity. Also we believe in word in mouth publicity
where your product will speak for itself. Also radio will be a very helpful mode as many
housewives and students will tune in to listen. We stick on the pamphlets on the rear side of
the auto-rickshaw and also on the door’s of the mess etc...,. We also hang over the banners
made up of cloth on the top side of the road.
OUR DISTRIBUTOR
8.0 REPONSIBILITIES
WHAT THE GROUP MEMBERS HAS DONE?
All the five members of the group will be involved in the work
Data collection work is assigned To Sivakumar And Shipra Jain.
Data analysis work is assigned to Abhishek and Neelmani Kumar.
Preparation of Final report will be doing by all the group members viz..,. Alipate sir.
ANNEXURES
................................................................,
...............................................................
CHILDREN(1-20)
PICKLE ASPECTS:
a. Readymade b. Home-made
8. WITH WHICH FOOD OF THE ITEM YOU WOULD LIKE TO HAVE THE PICKLE?
9. HOW OFTEN YOU PREFER THE PICKLE? (Tick the appropriate choice)
1. TOMATO
2. MANGO
3. DRY MIRCH
4. HIBISCUS
5. GINGER
6. LEMON
7. GARLIC
8. MIXED VEG.
9. DRUMSTICK
10. RADDISH
11. CARROT
13. CORIANDER
14. CAPSICUM
15. AMLA(GOOSE
BERRY)
RANK
[Link]. FLAVOUR OF PICKLE 1 2 3 4 5 6 7 8 9 10 11 12 13 15
1. TOMATO
2. MANGO
3. DRY MIRCH
4. HIBISCUS
5. GINGER
6. LEMON
7. GARLIC
8. MIXED VEG.
9. DRUMSTICK
10. RADDISH
11. CARROT
13. CORIANDER
14. CAPSICUM
15. AMLA(GOOSE
BERRY)
12. WHERE DO YOU PURCHASE THE PICKLE? And how far is the place from here?
Ans...........................................................................................................................................................................
15. WHAT IS THE PRICE YOU CAN AFFORD FOR PURCHASING 100gm PICKLE OF ANY FLAVOUR?
Ans...........................................................................................................................................................................
16. WHETHER THE PRICE THAT YOU PAY FOR PURCHASING OF ANY VOLUME OF PICKLE IS WORTH FOR YOU?
Ans...........................................................................................................................................................................
a. sachets b. bottles
18. WHETHER YOU CHANGE THE FLAVOUR OF YOUR PREFERENCE FOR THE PICKLE AS PER THE SEASON?
a. yes b. No
19. IF YES, WHAT ARE THE FLAVOURS YOU PREFER IN DIFFERENT SEASONS?
Ans: ..................................................................................................................................................
a. yes b. No
21. WHETHER YOU PREFER PICKLE WITH EXCESS AMOUNT OF CHILLI POWDER?
a. yes b. No
22. WHETHER YOU PREFER SACHETS OR THE SEALED BOTTLES? GIVE REASONS?
a. sachets b. bottles
..................................................................................................................................................................................
..................................................................................................................................................................................
Ans: .....................................................................................................................................................
25. ARE YOU SATISFIED WITH THE PRICE FOR THE BRAND THAT YOU PREFER?
a. Yes b. No
26. DO YOU CHECK VARIOUS QUALITY CHECKS (like PFA, ISO, ISI, AGMARK etc...,) BEFORE BUYING PICKLES
FROM THE MARKET?
27. DO YOU LOOKK FOR MANUFACTURING AND EXPIRY DATE BEFORE BUYING THE PRODUCT?
28. IF A NEW BRAND PICKLE WITH ALL FLAVOURS ENTERS INTO THE MARKET, YOU PREFER IT?
a. YES b. NO
29. IF YES, WHAT ARE THE ATTRIBUTES YOU WANT IN THE PICKLE? IF NO, WHY?
Ans: ______________________________________________________________________________________
30. FROM WHERE DID YOU GET THE INFORMATION REGARDING PICKLE/ WHO INFLUNCES YOUR PURCHASE
DECISION?
ECONOMIC ASPESTS:
Date:
................................................................,
...............................................................
Ans: ...........................................................
7. WHY THAT 1ST RANKED PICKLE IS SOLD IN MORE QUANTITY PER DAY?
Ans: ........................................................................................................................................................................
..................................................................................................................................................................................
...........................................................................................................................................
8. IN HOW MANY DAYS YOU SELL 1 Kg PICKLE? AND GIVE REASONS FOR IT
Ans: ..........................................................................................................................................................................
..................................................................................................................................................................................
..........................................................................................................................................
9. WHAT ARE THE BRANDS OF PICKLES YOU PURCHASE FROM THE DISTRIBUTOR?
a. yes b. no
11. DO YOU THINK THE PRICE THAT IS FIXED IS AFFORDABLE TO THE CONSUMER? GIVE REASONS?
a. yes b. No
.......................................................................................................................................................................
..................................................................................................................................................................................
......
11. WHAT ARE THE QUALITY PARAMETERS THAT YOU PREFER WHILE PURCHASING THE PICKLE?
Ans: a. ................................................................................................................................
b. ...............................................................................................................................
c. ................................................................................................................................
12. DO YOU SELL BOTH THE READYMADE AND ALSO THE HOME-MADE PICKLE?
a. YES b. NO
14. IF A NEW BRAND PICKLE WITH ALL FLAVOURS ENTERS INTO THE MARKET, YOU PREFER IT?
a. YES b. NO
15. IF YES, WHAT ARE THE ATTRIBUTES YOU WANT IN THE PICKLE? IF NO, WHY?
Ans:
______________________________________________________________________________________
16. FROM WHERE DID YOU GET THE INFORMATION REGARDING PICKLE/ WHO INFLUNCES YOUR PURCHASE
DECISION?
TIME:
date: _ _ _ _ _ _ _
2. ADDRESS: _ _ _ _ _ _ _ _ _ _ __ _ _ _ _ _ _ 4. AGE:
_______________________
_______________________
___ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
a. yes b. No
p. OTHERS, SPECIFY _ _ _ _ _ _ _ _ _ _ _
8. HOW FAR IS THE PLACE OF THE RETAILER SHOP OR THE DISTRIBUTOR SHOP?
9. WHAT IS THE FLAVOUR OF THE PICKLE YOUR CONSUMERS PREFER MOST? RANK IT
RANK
[Link]. FLAVOUR OF PICKLE 1 2 3 4 5 6 7 8 9 10 11 12 13 15
1. TOMATO
2. MANGO
3. DRY MIRCH
4. HIBISCUS
5. GINGER
6. LEMON
7. GARLIC
8. MIXED VEG.
9. DRUMSTICK
10. RADDISH
11. CARROT
13. CORIANDER
14. CAPSICUM
15. AMLA(GOOSE
BERRY)
10. WHAT ARE THE REASONS FOR RANKING THAT PICKLE AS No. 1 , IS THERE ANY REASONS?
Ans:
______________________________________________________________________________________
______________________________________________________________________________________
______________________________________________________________________________________
11. WHAT IS THE TOTAL QUANTITY OF PICKLES YOU PURCHASE FOR ONE MONTH?
Ans: ____________________________________________________________
a. YES b. NO
13. IF YES, HOW MUCH QUANTITY YOU PURCHASE AS HOME MADE PICKLES?
Ans: ____________________________________________________________
Ans: __________________________________________________________________________________
Ans: __________________________________________________________________________________
17. WHETHER THE PRICE FOR YOU IS WORTH FUL TO YOU? GIVE REASONS
Ans: __________________________________________________________________________________
18. IF A NEW BRAND PICKLE WITH ALL FLAVOURS ENTERS INTO THE MARKET, YOU PREFER IT?
a. YES b. NO
19. IF YES, WHAT ARE THE ATTRIBUTES YOU WANT IN THE PICKLE? IF NO, WHY?
Ans: ______________________________________________________________________________________
20. FROM WHERE DID YOU GET THE INFORMATION REGARDING PICKLE/ WHO INFLUNCES YOUR PURCHASE
DECISION?