Washing Soap
Washing Soap
PREFACE
ACKNOWLEDGEMENT
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Washing Soap
Preparing a project of this nature is an arduous task and I was fortunate enough
to get support from a large number o persons. I wish to express my deep sense of
gratitude to all those who generously helped in successful completion of this report by
sharing their invaluable time and knowledge.
I feel extremely exhilarated to have completed this project under the able and
inspiring guidance of Miss. Deepti Patel she rendered me all possible help me guidance
while reviewing the manuscript in finalising the report.
I also extend my deep regards to my teachers , family members , friends and all
those whose encouragement has infused courage in me to complete to work successfully.
MEETA JAIN
B.B.A IInd Semester
IInd Batch
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Washing Soap
I declare that the project report titled " WASHING SOAP" on Market
Segmentation is nay own work conducted under the supervision of Miss.Deepti Patel
the best of my knowledge the report does not contain any work , which has been
MEETA JAIN
B.B.A IInd Semester
IInd Batch
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Washing Soap
CERTIFICATE
The project report titled "TWO-WHEELER " been prepared by Miss.
Meeta Jain BBA IInd Semester , IInd Batch under the guidance and supervision of Miss.
CONTENTS
TOPIC
TITLE
1.
Preface
2. Acknowledgement
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Washing Soap
4. Certificate
10 Limitations
11 Research Methodology
12 Data Analysis & Interpretation
13 Conclusion
14 Bibliography
15 Questionaire
Introduction:
Understanding perceptions of channel members and consumers regarding
sales promotion activities enhances the effectiveness of these activities.
Widespread usage of sales promotion activities in Fast Moving Consumer
Goods (FMCG) sector makes it imperative that manufacturers take into
account channel member and consumer perceptions before planning such
programmes. In this paper, an attempt has been made to examine the nature
of sales promotion activities in toilet soap category in India, study retailer
perceptions with respect to these activities and also get an insight into
consumer perceptions of these activities. Our findings indicate that with
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Washing Soap
respect to the nature of the schemes, premiums (free gifts) were found to be
the most frequently used in both premium and popular toilet soap category,
followed by price offs. Retailer’s perceived price offs to have relatively
greater impact compared to any other forms of sales promotion. In line with
the retailers’ perceptions, the findings of consumer perceptions indicated
that price off was the most preferred type of sales promotion. Retailers
stated that role of word of mouth and television advertising was very
important in providing information inputs to the consumers regarding sales
promotion activities. This perception of retailers was supported by the
consumer unaided recall of sales promotion schemes which were widely
advertised. As the retailer interacts and observes consumers more frequently
and closely than the manufacturer, it would be useful for the companies to
incorporate perceptions while planning sales promotion strategies.
All the above researches have focused on price promotions and their
response. Our study though exploratory has considered perceptions for price
as well as non-price promotions in toilet soap category.
The reasons for the study were:
The widespread use of sales promotions in toilet soap category.
Historically, whenever there was a downward trend in growth, sales
promotion activities took the front seat of promotional mix.
Companies planned these activities with inward looking view hence it
was felt that it would be useful to understand the perceptions of
consumers and retailers regarding sales promotion activities to improve
the effectiveness of these activities.
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Washing Soap
Soon after, followed Lifebuoy in 1895 and other famous brands like Pears,
Beauty Soap and Vim. Vanaspati was launched in 1918 and the famous
Dalda brand came to the market in 1937.In 1931, Unilever set up its first
Indian subsidiary, Hindustan Vanaspati Manufacturing Company, followed
by Lever Brothers India Limited (1933) and United Traders Limited (1935).
These three companies merged to form HLL in November 1956; HLL
offered 10% of its equity to the Indian public, being the first among the
foreign subsidiaries to do so. Unilever now holds 51.55% equity in the
company. The rest of the shareholding is distributed among about 380,000
individual shareholders and financial institutions.
The erstwhile Brooke Bond's presence in India dates back to 1900. By 1903,
the company had launched Red Label tea in the country. In 1912, Brooke
Bond & Co. India Limited was formed. Brooke Bond joined the Unilever
fold in 1984 through an international acquisition. The erstwhile Lipton's
links with India were forged in 1898. Unilever acquired Lipton in 1972 and
in 1977 Lipton Tea (India) Limited was incorporated.
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Washing Soap
Pond's (India) Limited had been present in India since 1947. It joined the
Unilever fold through an international acquisition of Chesebrough Pond's
USA in 1986.
Since the very early years, HLL has vigorously responded to the stimulus of
economic growth. The growth process has been accompanied by judicious
diversification, always in line with Indian opinions and aspirations.
HLL formed a 50:50 joint venture with the US-based Kimberly Clark
Corporation in 1994 - Kimberly-Clark Lever Ltd, which markets Huggies
Diapers and Kotex Sanitary Pads. HLL has also set up a subsidiary in Nepal,
Nepal Lever Limited (NLL), and its factory represents the largest
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Washing Soap
Finally, BBLIL merged with HLL, with effect from January 1, 1996. The
internal restructuring culminated in the merger of Pond's (India) Limited
(PIL) with HLL in 1998. The two companies had significant overlaps in
Personal Products, Specialty Chemicals and Exports businesses, besides a
common distribution system since 1993 for Personal Products. The two also
had a common management pool and a technology base. The amalgamation
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Washing Soap
was done to ensure for the Group, benefits from scale economies both in
domestic and export markets and enable it to fund investments required for
aggressively building new categories.
History
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Washing Soap
in 1934. From the very first advertisement in 1929 featuring Leela Chitnis,
the gorgeous faces of the silver screen have come out in the open with their
beauty secret – Beauty Soap.
Since its launch in India, Beauty Soap has offered a range of soaps in
different colours and fragrances. They have each, however, offered the same
benefit of beautiful skin. Desirable product sensorial, especially its world
class fragrances and nourishing ingredients, have made the Beauty Soap bath
a pleasurable experience.
But Washing Soap being the market leader has evolved along with the
changing needs of its consumers. The late 1980s saw the emergence of a
premium segment in the soap category – a new consumer set whose beauty
and bathing needs began to evolve. In 1989, to tap into this segment, Beauty
Soap launched a range of premium soaps to suit their different skin types.
Washing Soap Variants:
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Washing Soap
In addition to these variants Beauty Soap has come up with a few more
variants to celebrate its 75 years in business.
Competitor Analysis:
NIRMA:
Nirma Since the early nineties, Nirma has
been challenging the hegemony of
Hindustan Lever, which holds over 54 per
cent share of the toilet soaps market. Nirma has so far managed to snatch 9
per cent share of market.
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Washing Soap
rely on batch manufacturing, Nirma had sourced the latest Italian technology
from Binacchi and CMB and set up a finish line that produces 500 toilet
soaps per minute, wrapped and carton sealed for dispatch.
OTHERS
Colgate-Palmolive (India) Ltd. –
The marketer of personal care products,
offers ‘ultra modern’ line of Transparent
Palmolive Natural skincare soaps. Palmolive
has been the pioneer in introducing soaps for
different skin types (example Palmolive
Extra Care for Dry Skin, for Oily Skin and for Normal Skin). Its latest range
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Washing Soap
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Washing Soap
MARKET SEGMENTATION
PRODUCT
A product is anything that can be offered to a market to satisfy a need or
want.Products that are marketed include physical goods, services,
experiences, events, persons, places, properties, organizations, information
and ideas.
Product Classification
Marketers have traditionally classified products on the basis of
characteristics: durability, tangibility, and use.
Washing Soap is a Tangible, Non Durable Good on the basis of this
classification.
Shopping Goods: Are goods that the consumer, in the process of selection
and purchase characteristically compares on the bases of suitability, quality,
price and style.
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Washing Soap
Unsought Goods: Are those the consumer does not know about or does not
normally think of buying WASHING SOAP and other soaps fall into the
category of Convenience Good
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Washing Soap
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Washing Soap
Beauty Soap Toilet Soap in the popular segment has in the past four years
offered its consumers a range of soaps enriched with the goodness of a
variety of nourishing ingredients – rose extracts, almond oil, milk cream,
fruit extracts and honey which are known to harbour the secrets of incredibly
perfect skin.
At the upper end of the market is the premium range which continues to
offer specialised skincare to its consumers in the form of International
Beauty Soap – a range of moisturising, deep cleansing and
sunscreen soaps. Keeping in tune with the changing times it
has also launched Beauty Soap Body Wash which offers
superior bathing benefits.
To establish the presence of nourishing ingredients in the
new Beauty Soap, a unique concept, ‘ingredients you can
see in the soap’, was born. A novel metallic substrate
packaging beautifully showcased the ingredients and its
globally accepted ingredient-linked perfumes heightened the
sensorial experience.
Each of the soaps in the range has milk cream, with the active ingredients of
rose extracts, sandal saffron, almond oil and fruit extracts. These create an
experience in pampering indulgence and Beauty Soapury designed to bring
out the star in every woman. This is the first time in the Indian chapter of
the brand that the beauty bar variant was being differentiated on the basis of
its ingredients rather than its perfume and colours.
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time and resource constraints. The study being exploratory in nature, the
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The sample chosen may not be the true representative of the whole
population.
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As the research was exploratory in nature, it was not possible to study the
RESEARH Methodology:
In order to address the above questions an exploratory study was conducted.
The idea was to probe and get deeper insight into sales promotion scenario
of Washing Soap and to tap perceptions of retailers and consumers. In
order to address above mentioned objectives
(i) Study of secondary sources was carried out,
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A century later soap making was reported in Coventry. Other early centers
of production included York and Hull. In London a 15th century
"sopehouse" was reported in Bishopsgate, with other sites at Cheapside,
where there existed Soper's Lane (later renamed Queen Street), and by the
Thames at Blackfriars Andrew pears. In 1789, he commenced production of
a transparent soap at a factory in Wells Street, off Oxford Street and became
hugely successful.
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S a le s P r o m o t io n s c h e m e s
40
35
30
25
PERC EN TA GE 20
15
10
5
0
P r ic e o f f P rod u ct C a sh C ross P r iz e s
B u n d lin g R e fu n d P r o m o t io n
SC H EM ES
The primary analysis found that “Price off” is the best sales promotion
schemes offered on Beauty Soap (40% of the retailers agreed on this).
“Product Bundling” was the next best with 30% of the retailers in favour of
the same.
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Washing Soap
60
60%
50 Duration
40
30 25%
15%
20
10
0
15 Days – 1 Month – More than
1 Month 3 Month - 3 months
F req u en cy o f S ch em es O f f ered
6 m o n t h s- 1 y ea r 5%
3 -6 M o n th s 20 %
L ess t h a n 3 m o n t h s 75%
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Washing Soap
The primary analysis found that “Less than 3 months” is the general
perceived frequency for sales promotion schemes offered on Beauty Soap
(75% of the retailers agreed on this). “3 months – 6 months” was the next
best with 20% of the retailers in favour of the same.
A ffe c t o n S a le s
100
80 75 %
S a le s
60
40
15 %
20 10 %
0
In c re a s e C ant say N o E ffe ct
in S a le s
The primary analysis found that sales promotion schemes offered on Beauty
Soap caused an “Increase in sales” (75% of the retailers agreed on that).
“Can’t say” was the next best opinion with 15% of the retailers in favour of
the same.
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Washing Soap
The primary analysis found that “Wholesalers” were the best medium of
communication of sales promotion schemes (45% of the retailers agreed on
that). “Sales representatives” was the next best with 25% of the retailers in
favour of the same
60 45%
40 35%
20 10% 10%
0
S u p e rio r S i m il a r & S u p e rio r
In fe rio r &
& m o re m o re & le s s
m o re
F re q u e n t F re q u e n t F re q u e n t F re q u e n t 28
Washing Soap
The primary analysis found that the level of servicing during sales
promotion vis-à-vis competitors was “Superior and more frequent (45% of
the retailers agreed on that). “Similar and more frequent” was the next best
with 35% of the retailers in favour of the same.
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faced during and after sales 10%
20
promotion schemes (with 45% 10
0
of the retailers in favour of the H a n d li n g
P r o b le m S to c k o u t Im p r o p e r
same) in f o r m a t i o n
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Washing Soap
90
80
70
60
50
40 25%
20% 20%
30 15%
20 5% 5% 3% 5% 2%
10
0
B r a n d P r ic e B e n e f its P r o m o t io n a l F r a g r a n c e C o lo u r P a c k a g in g W o r d o f A d v e r tis
v a lu e S chem es of S oa p of S oa p M outh e m e n t 30
Washing Soap
What comes into your mind when you think about Washing Soap?
60%
30%
10%
B e a u ty S o a p Soap of N o t h in g
F ilm s t a r s S p e c if ic
R e c o m m e n d a tio n
95%
10%
31
Yes No
Washing Soap
M e d iu m F o r P r o m o t i o n
90
80
70
60
50
40 30% 30%
20%
30
20 15%
5%
10
0
A d v e r t is in g S a le s P u b lic R e l a t io n P erso n al In t e r n e t
P r o m o t io n & P u b lic it y S e llin g
The primary analysis found that “Advertising” is the most effective medium
for sales promotion 30% of the consumers agreed on that). “Sales
Promotion” was the next best with 30%(approx) of the consumers in favour
of the same.
30
25
20
15
32
10
5
0
F re e T ria l P r i c e o ff C r o s s P r o m o ti o n D is c o u n t
C oupons
Washing Soap
The primary analysis found that “Free Trial” is the most preferred
promotional scheme (30% of the consumers agreed on that). “Price Off ”,
“Discount Coupons”, “Cross Promotion” was the next best with 20%, 15%,
10% of the consumers in favour.
60
perception about change in quality
50
during sales promotion scheme was
40
“Superior” (70% of the consumers 30
10
next best with 20% of the consumers
0
in favour of the same S u p e rio r
N o chang e
TYPE OF IMPACT
60
50%
50
The primary analysis
40
30
found that the type of
20% 20%
20
10% 33
10
0
M akes yo u B u y it d u r in g C o n t in u e B u y in g No
s w it c h t o L u x S a le s P r o m o t io n e v e n a f t e r s a le s C hange
o ffe r P r o m o t io n o f f e r is
scra p e d
Washing Soap
consumers agreed on 0
S to c k O u t I m p r o p e r G if t s N o t C o u p o n s N o t Any
that). “Coupons Not I n f o r m a t io n R e c e iv e d E n c a s h e d O th e r
Encashed” was the next best with 20% of the consumers in favour of the
same.
CONCLUSION
The findings of the empirical study indicate that unless the brand to be
promoted is in the consideration set of the consumer, sales promotion by
itself is unlikely to have any major impact. Clearly this shows that managers
need to invest into brand building exercise so that his/her brand appears in
the consideration set of the target consumers. Only after this should he spend
time, money and energy on sales promotion activities. Sales promotion
should not be used in isolation but need to be integrated with other tools and
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in line with the overall positioning of the brand. Also the importance of the
role of mass media came out clearly in both the studies. Companies need to
create sufficient awareness about sales promotion schemes through mass
media in order to create awareness The role of retailer in influencing
consumer in brand choice decision in a toilet soap category was found to be
insignificant which also supports the above observations. Toilet soaps are
low involvement products characterised by switching behaviors. Also the
person going to the shop for the purchase of soap is the final decision maker
of the brand. Hence it is essential that companies need to design attractive,
striking, visible POPs for scheme announcements.
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(5) Level of servicing is low during sales promotion schemes – this could be
brought up.
(6) It is having only 19.8 % rural market presentation which could be further
enhanced.
BIBLIOGRAPHY
The information included in this project is taken from the reference:
BOOKS:
Marketing Research :
By Varma M. ,Agarwal R.
By Majumdar
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WEBSITES:
www.indiainfoline.com
www.hul.com
(2) Is the same brand of soap used by your other family members?
If not , which brand of bathing soap do they
use? ......................................................................................
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(3) How would you rank following criterion for selecting a bathing soap?
o Color of soap
o Fragrance of soap
o Brand value
o Price
o Benefits
o Packaging
o Word of mouth
o Advertisement
o Promotional schemes
(4) What comes in to your mind when you think about Beauty Soap?
o Soap of film stars
o Beauty soap
o Nothing specific
(5) Can you recall any current advertisement of Beauty Soap?
o Yes.
o No.
(6) Which is the most effective medium for promoting the product?
o Advertising
o Sales promotion
o Public relation & Publicity
o Personal selling
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Washing Soap
o Internet
(7) Out of total 100 points, allot the points according to your preference on the
following promotional schemes?
o Price off
o Discount coupons
o Contests
o Scratch card
o Cross promotion
o Cash refund
o Prizes
o Free trial
(8) Do you perceive any change in quality of Beauty Soap during the sales
promotion scheme?
o Superior
o Inferior
o No change
(9) What type of impact does the sales promotion scheme on Beauty Soap creates on
you?
o Makes you switch to Beauty Soap
o Buy it during sales promotion offer
o Continue buying even after sales promotion offer is scrapped
o No change in buying behavior
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