SYNOPSIS FOR RESEARCH PROJECT REPORT
On
“A STUDY ON CONSUMER BUYING BEHAVIOR
TOWARDS HALDIRAM PRODUCTS IN
LUCKNOW CITY”
Towards partial fulfillment of
Bachelor of Business Administration (BBA)
School of Management, Babu Banarasi Das University, Lucknow
Guided by: Submitted by:
MR. RITESH KRISHNA SRIVASTAVA ANURAG SINGH
Assistant Professor Roll No. 1220671122
(SOM, BBDU) BBA 3rd Year
Session:– 2024-2025
School of Management
Babu Banarasi Das University
Sector I, Dr. Akhilesh Das Nagar, Faizabad Road, Lucknow (U.P.) India
TOPIC- A STUDY ON CONSUMER BUYING BEHAVIOR
TOWARDS HALDIRAM PRODUCTS IN LUCKNOW CITY
INTRODUCTION
The Indian snack industry has experienced substantial growth in recent years, fueled by
evolving consumer lifestyles, increasing disposable incomes, and a shift toward ready-to-eat
products. Among the major players in this market, Haldiram's stands out as a prominent
brand, offering a diverse range of products, including sweets, namkeens (savory snacks), and
ready-to-eat food items. The company has successfully positioned itself as a household name
across India, and its strong market presence makes it a key subject for studying consumer
buying behavior.
This study focuses on understanding the consumer buying behavior towards Haldiram's
products in Lucknow city, which is a growing urban center with a diverse demographic and a
blend of traditional and modern preferences. By examining factors like consumer
preferences, brand perception, purchasing patterns, and the external factors influencing these
behaviors, the research aims to uncover insights that can help Haldiram’s refine its marketing
strategies and product offerings in the region.
Consumer preferences in the snack industry are shaped by several elements such as taste,
quality, and convenience. Haldiram's reputation for offering a wide variety of tasty and high-
quality products has earned it consumer loyalty. Many consumers in Lucknow, particularly
working professionals and young adults, gravitate toward ready-to-eat products for their
convenience and time-saving benefits. Additionally, Haldiram's snacks are seen as a blend of
traditional flavors with modern packaging and marketing, appealing to both older generations
who value nostalgia and younger, more convenience-driven consumers.
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Brand perception plays a critical role in shaping purchasing decisions. Haldiram's, with its
long-standing presence in the market, is generally perceived as a reliable and trustworthy
brand. The association with quality, taste, and authenticity has reinforced its position in the
minds of consumers in Lucknow. However, the increasing competition from regional and
national snack brands, along with the growing popularity of health-conscious products, may
influence the brand's standing and need to adapt to changing market trends.
Purchasing patterns among consumers in Lucknow indicate that snacks are often bought
impulsively during shopping trips, but also as part of planned purchases for gatherings,
festivals, or celebrations. The price point, packaging size, and promotional offers
significantly affect consumer choices, as price sensitivity remains a common factor in buying
decisions.
LITERATURE REVIEW
Customer loyalty is a critical factor for maintaining long-term relationships between
customers and companies. It has been extensively recognized and studied in marketing and
service literature. According to Eshghi et al. (2007) and Heskett and Sasser (2010), customer
loyalty is a widely discussed topic, as it plays a vital role in the ongoing success of
businesses. Customer loyalty can be defined as a firm commitment to providing quality
products and services, encouraging repeat purchases. Oliver (1997) suggests that customer
loyalty reflects customer retention and increased purchasing behavior, which helps
companies address challenges in a competitive marketplace.
Customer loyalty is typically classified into three types: (a) Attitudinal loyalty, where
customers exhibit loyalty based on their preconceived perceptions of a brand; (b) Behavioral
loyalty, where loyalty emerges from past purchase experiences and interactions with the
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brand; (c) Co-determinants of brand loyalty, where loyalty is influenced or hindered by the
present state of the individual or situational factors (Jones et al., 1995).
Loyalty, according to Deng et al. (2009), has a direct positive impact on customer
satisfaction, which in turn enhances customer loyalty. Andres (2007) also emphasizes that
customer loyalty is essential for long-term success, as it is closely linked to a company's
competitive advantage in the market. In specific industries like telecom, customer loyalty is
often measured by the duration a customer stays with a particular network or service
provider.
Customer satisfaction is a crucial driver of company success. Henning-Thurau and Hanse
(2000) define customer satisfaction as the emotional response customers have towards the
performance of a product or service relative to their expectations. It can be measured through
customer loyalty and purchasing behavior (Maiyaki et al., 2011; Rizwan et al., 2013).
Customer satisfaction is achieved when a company successfully delivers the required
services, creating a positive response from customers toward the brand they use.
Fornell (1992) further describes customer satisfaction as the response customers give after
using a product or service, while Fornell and Lehmann (1994) assert that customer
satisfaction leads to lower-cost transactions in the future and bolsters customer loyalty.
Satisfied customers tend to repurchase from the brand, and their positive experiences often
lead to recommendations to others, enhancing the company’s reputation.
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COMPANY PROFILE
Company Name:
Haldiram’s
Overview:
Haldiram’s is one of India's largest and most popular food companies, specializing in
traditional Indian snacks, sweets, and ready-to-eat foods. Founded in 1937 by Shivkishan
Agrawal in Bikaner, Rajasthan, the brand has since grown into a well-known name both in
India and internationally. Haldiram’s product range includes a variety of namkeens (savory
snacks), sweets, frozen foods, and beverages. It is recognized for maintaining high-quality
standards and offering authentic Indian flavors to its customers.
Founder:
Shivkishan Agrawal
Headquarters:
Noida, Uttar Pradesh, India
Industry:
Food and Beverages (Snacks and Sweets)
Key Products:
Namkeens (Savory Snacks): Bhujia, Sev, Aloo Bhujia, Samosa, and more.
Sweets: Rasgulla, Gulab Jamun, Peda, Kaju Katli, Barfi, and more.
Ready-to-Eat Foods: Packaged products such as dal, curries, and rice.
Frozen Foods: Samosas, Kachoris, and other frozen snacks.
Beverages: Flavored milk, fruit juices.
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Flours & Grains: Various types of flours and grains used for traditional Indian
cooking.
Manufacturing Facilities:
Haldiram’s operates several manufacturing facilities across India, including locations in
Bikaner, Noida, Nagpur, and Ranchi. The company uses advanced production technologies
and adheres to high standards of hygiene and food safety. These facilities are equipped to
produce a wide variety of snacks and ready-to-eat meals at scale.
Mission and Vision
Mission:
Haldiram's mission is to provide the highest quality traditional Indian snacks and sweets to its
customers, ensuring authenticity, taste, and nutritional value. The company aims to blend
age-old recipes with modern techniques to deliver products that satisfy the evolving tastes of
consumers worldwide. It focuses on maintaining consumer trust and satisfaction by
delivering superior products with a commitment to excellence, hygiene, and innovation.
Vision:
Haldiram’s vision is to become the world’s most loved brand for Indian snacks and ready-to-
eat foods. The company aspires to expand its reach globally, ensuring that consumers
worldwide can enjoy the authentic taste of Indian snacks. It aims to set industry benchmarks
in product quality, consumer experience, and sustainability, all while staying true to its rich
heritage and culture.
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OBJECTIVES OF THE STUDY
The primary objectives of this study are as follows:
• To study the consumer behaviour towards the quality, availability, price and other
aspects of various snacks brands.
• To study the level of customer satisfaction towards Haldiram Product in Lucknow
City.
• To study about consumer and retailers perception regarding Haldiram’s namkeens
and chips
• To carry out a competitive analysis of Haldiram’s Snacks vis-à-vis competitor
brands in the same segment available in Lucknow based on parameters such as
pricing, product range, packaging, profit margins to retailers, discounts and credit
policies provided to retailers.
• To know the market share of various snacks brands.
• To know the consumer preference towards various snacks brands.
RESEARCH MEHDOLOGY
The research methodology for the present study on consumer preferences towards various
snack brands, particularly Haldiram's, is systematic and follows a well-structured process.
This methodology includes a detailed description of the sources of data, sampling design, and
statistical tools used for the analysis and interpretation of the data.
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Type of Study
The research is descriptive in nature, which aims to describe the consumer behavior,
preferences, and perceptions towards different snack brands, particularly focusing on
Haldiram’s products in the Lucknow region.
Sources of Data Collection
This study relies on both primary and secondary sources of data.
1. Primary Data: Primary data refers to data collected for the first time directly from
the respondents through surveys or interviews. In this study, primary data is collected
using a questionnaire, which is designed to gather specific information about
consumer preferences, purchasing behavior, brand perception, and demographic
information.
a. Development of Questionnaire: The questionnaire is developed based on the
research objectives. It includes questions about respondents' demographic profiles and
their consumption habits, preferences, and perceptions regarding snack brands like
Haldiram’s.
b. Pre-testing of the Questionnaire: Before finalizing the questionnaire, a pre-test is
conducted with five individuals to identify any issues or ambiguities. Based on their
feedback, necessary modifications are made to ensure clarity and effectiveness.
c. Finalization of the Questionnaire: After pre-testing, the final questionnaire is
framed. Unclear or irrelevant questions are removed, and complex sentences are
simplified to ensure accurate responses.
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d. Personal Interview and Observation: Direct personal interviews are conducted to
collect data. Respondents’ doubts are cleared during the interview, and any irrelevant
information from their responses is filtered out using observation techniques.
2. Secondary Data: Secondary data is collected from reliable sources such as books,
magazines, research reports, and published statistics. These sources help in
understanding the broader trends in consumer behavior and the snack industry in
India, contributing to the research’s foundation.
Sampling Design
Sampling is a crucial part of the research methodology, as it involves selecting a subset of
units from the population to represent the entire target group.
Sample Size: The sample size for this study is 100 respondents, providing a
manageable yet diverse group for analysis.
Sampling Technique: A simple random sampling technique is employed, where
each respondent from the target population has an equal chance of being selected.
This technique ensures that the sample is representative of the population, reducing
bias.
Statistical Tools for Analysis and Interpretation
Once the data is collected, it is analyzed using mathematical and statistical tools to extract
meaningful insights that align with the study’s objectives.
1. Mathematical Tools: To represent the collected data in an organized manner, simple
percentage method is used. This method is effective in calculating the proportion of
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respondents who selected particular options or answered specific questions in a
certain way. The percentage is calculated using the formula:
Number of Responses
Percentage= ×100
Total Frequency
This allows for a clear understanding of consumer preferences and trends within the
sample group.
PROBLEM STATEMENT:
The study seeks to understand the factors that influence the buying behavior of consumers in
Lucknow when it comes to Haldiram products. With the increasing competition in the snack
and food industry, it is essential for brands like Haldiram to understand customer preferences
and behavior to tailor their marketing strategies effectively.
SCOPE OF THE STUDY:
The study will focus on the consumers of Haldiram products in Lucknow city. The scope will
cover:
The consumer's demographic profile, such as age, gender, income, and occupation.
The consumer’s preferences for different types of Haldiram products.
The frequency and pattern of purchasing Haldiram products.
The influence of cultural, social, and psychological factors on consumer behavior.
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CHAPTERISATION
Chapter- 1 Introduction
Chapter-2 Company Profile
Chapter-3 Objectives of the study
Chappter-4 Research Methodology
Method of data collection.
Data Source
Sample design
Universe
Sample type
Sample size
Sample Unit
Statistical tools to be used
Chapter-5 Data Analysis & Interpretations
Chapter-6 Findings
Chapter-7 Suggestions/Recommendations
Chapter-8 Limitation
Chapter-8 Conclusion
Bibliography
Appendix
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BIBLIOGRAPHY
Books:
1. Schiffman, L. G., & Kanuk, L. L. (2010). Consumer Behavior (10th ed.). Pearson
Prentice Hall.
2. Blackwell, R. D., Miniard, P. W., & Engel, J. F. (2011). Consumer Behavior (10th
ed.). Cengage Learning.
3. Kotler, P., & Keller, K. L. (2012). Marketing Management (14th ed.). Pearson
Education.
4. Solomon, M. R. (2014). Consumer Behavior: Buying, Having, and Being (10th ed.).
Pearson.
5. Perner, L. (2010). Consumer Behavior: The Psychology of Marketing (2nd ed.).
www.consumerpsychologist.com
Websites:
1. Haldiram's Official Website:
https://www.haldirams.com
2. Statista (Consumer Behavior Data):
https://www.statista.com
3. India Brand Equity Foundation (IBEF):
https://www.ibef.org
4. Economic Times (Consumer Behavior Articles):
https://economictimes.indiatimes.com
5. ResearchGate (Research Articles on Consumer Behavior):
https://www.researchgate.net
6. Google Scholar (Consumer Behavior Studies):
https://scholar.google.com
7. Mintel (Consumer Insights):
https://www.mintel.com
8. Hindustan Times (Consumer Behavior News):
https://www.hindustantimes.com
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