add gel pens

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CONTENTS Chapter-1 Title of the Study Objectives of the Study Limitations of the study Methodology of the Study Scope of the Study Chapter-2 Theoretical Frame of the Study Chapter-3 Company Profile About ADD Gel Pens Chapter-4 Data Analysis and Interpretation Chapter-5 Conclusions & Suggestions APPENDIX Questionnaire

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Page 1: Add Gel Pens

CONTENTS

Chapter-1

Title of the Study

Objectives of the Study

Limitations of the study

Methodology of the Study

Scope of the Study

Chapter-2

Theoretical Frame of the Study

Chapter-3

Company Profile

About ADD Gel Pens

Chapter-4

Data Analysis and Interpretation

Chapter-5

Conclusions & Suggestions

APPENDIX

Questionnaire

Bibliography

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Title of the study

Objectives of the study

Limitations of the Study

Methodology of the study

Scope of the Study

TITLE OF THE STUDY

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“PURCHASE BEHAVIOR OF CONSUMERS WITH SPECIAL REFERENCE

TO ADD GEL BRNADS”

OBJECTIVES OF THE STUDY

To know the consumers attitudes and behavior with special

reference to ADD Gel pens.

To know the relative position of ADD Gel pens in the market

with refers to competitive brands.

To know the market share of ADD Gel Pen in the Hindupur

Region.

To know the buying patterns of consumers and there by to take

remedial action if needed to boost the sales of ADD Gel pens.

LIMITATIONS OF THE STUDY

This study is done by interviewing limited number of customers; therefore it may

not reflect the authentic information.

The sample size is 100 customers, thus it may not give true results.

The information collected is restricted to the consumer of Hindupur region only, so

we cannot generalize to other regions.

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METHODOLOGY

The data and information of the studies collected both from primary as

well as secondary sources.

The primary sources constitute collecting data from different consumers

in the Hindupur region through the structured questionnaire which have both open

ended and closed ended questions.

Secondary source constitute the information which has been collected

from distribution itself

The information collected subsequently analyzed to elicit and to draw inferences

about the consumer behavior and trend

SCOPE OF THE STUDY

This study gives immense opportunities to understand consumer trends

inferences towards pens.

Through this study we can know consumer preferences and there by

making appropriate modifications to meet consumer needs and wants.

Through this study we can know consumer attitudes towards ADD Gel

pens.

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THEORITICAL FRAME OF THE

STUDY

MARKETING

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Marketing is a social and managerial process by which individuals and

groups obtain what they need want through creating, offering and exchanging

products of value with others.

This definition of marketing rests on the following on the following core concepts:

needs, wants and demand products, value, cost and satisfaction, exchange, and

relation ships.

The views of the modern authorities on marketing.

Marketing starts where production leaves off.

Marketing is the set of human activities.

Marketing the business does is marketing.

Everything the business does in marketing

Marketing is the response to the consumer demands

Marketing is the chain of process backing by creative thing

Marketing is the response to the consumer demands

Every business venture form its inception has a particular combination of financial,

marketing and human skills and capabilities that circumscribe the marketing the

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company can serve company is qualified to offer. The second factor is the market

opportunity to serve specific market needs and wants determines the business

purpose. Financial and management capability affect how quickly the market

opportunity can be developed.

From the thinking and writing of management authorities as emerged

the concept that a business, exists to create and serving the customers. Many

companies are engaged only in the marketing of consumer goods or only industrial

good and some other market of both types. The marketing function is social point

for achieving this business department in creating and serving the customers.

Consumer market is concerned with providing products and services for

individual consumers. Industrial marketing is concerned with providing products

and services to industrial and commercial establishments. But many so called

consumer goods are sold for use by companies or institutions.

Finally every firm occupies a certain position, with its established line

of products, which provides the cash flow for company expansions. The

opportunity for sales and profit improvement to an extent depends on the stage of

products life cycle and intensity of its competition. Maximizing sales and profits

for establishment’s products demand much of marketing management attention.

CONSUMER BEHAVIOUR

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In all marketing decision making consumer needs should serve the focal point. It is

both relevant and important for any business to know its customers and understand

his/her buying behavior. It also important to understand how buying decisions are

made.

Consumer behavior has been defined as “the process where by

individuals decide whether, what, when, where, how and from whom to purchase

goods and services”.

The role of the government and staidly emerging consumer movement

necessitates that marketers must understand consumer behavior their needs,

aspirations expectations and problems. It will be extremely useful in exploiting

marketing opportunities an in meeting the challenge of the market.

CONSUMER BUYING PROCESS

The consumer is decision-maker and comes to the market lace to solve

his consumption problems to achieve the satisfaction of is needs. Broadly the

consumer buying process has three stages, input, process, and output. Input is

stimulus it is provided by two sets stimulus variables, namely, the firm’s marketing

efforts and social environment. The firms marketing efforts and social

environment. The firms marketing efforts and designed to positively expose inform

and influence consumers.

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These efforts include product service itself, work and in fact all

marketing functions. The social environment serves as a non-commercial source of

consumer information and influence which is not under the direct control of firm.

It concludes reference groups and individuals, family members, social class and

castes, cultures and the like. Both these stimulus variables influence consumer and

the buying process.

STAGES OF BUYING BEHAVIOR

The buying process is composed of a number of stages and its

influenced by an individual’s psychological, frame work composed of the

individual’s personality, motivations, perceptions and attitudes.

The various stages in the buying process are:

1. NEED RECOGNITION:

It means the awareness of a want, a disdain of consumption problem

with out whose satisfaction the consumer normally builds up tension.

2. PRODUCT EVALUATION:

The consumer is exposed to the existence of product that may satisfy a

need. This awareness may be on account of the search carried by consumer

himself/herself or because of a firm’s communications through advertising or

salesmanship of through a social environment.

3. INTEREST:

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It is state of mind that exists when a consumer perceives and is aware of

alternative products capable of satisfying that need. Consumer interest is indicated

in the consumer’s willingness to seek further information about a product.

4. DETERMINANTS OF CONSUMER BEHAVIOR:

The social environment provides stimulus to buyer behavior and

psychological frame intervenes in input processing. The intervening variables in

the consumers decision making process has been divided by Hoeard sheth in

endogenous and endogenous variables. According to endogenous variables

includes motivation, perception and learning where as exogenous variables include

personality, social class, culture, organization and financial status of an individual.

ECONOMIC DETERMINANTS: The personal income. Income is the

return of one’s endeavors. It gives buying power to consumers which help them

strike and exchange. From marketing stand point it is not the grass income but the

disposal and discretionary income that are important.

FAMILY INCOMES: The joint family system is an important characteristic of

the India society. In such families, it is not the income of an individual member

but it is the income of the whole family that matters. The buying behavior of the

family members is ultimately determined by the relationship between the family

size/requirements and the family income.

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PSYCHOLOGICAL DETERMINANTS:

LEARNING: The stimulus response learning theory stages the there develops a

bond between behavior producing stimulus and behavior response. It terms of

consumer behavior and advertisement would be stimulus and purchase would be

response.

STIMULUS: Stimulus is object in the environment perceived by the individual.

The aim of marketing man is to find out those conditions under which stimulus or

elicits response appropriate to his objective.

REINFORCEMENT: Reinforcement or rewards means reduction in drive and

stimulus. It has been defined as environment events exhibiting the property of

occurrence of response they accompany. Thus when consumption of a product or

a brand of products leads to satisfaction of the initiating need there is

reinforcement.

A consumer associates a drive and stimulus with one another. Which

elicits a response and develop learning which when reinforced becomes a habit.

MOTIVATION: although a consumer may learn by providing him the resisite

situations. The appropriate drive or need is a prerequisite. Unless a consumer has a

need, he cannot be made to want any thing. There fore it is important for every

marketer to understand the nature of these needs and their inter relationship,

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so appropriate stimuli may be provided to motivate persons to learn to buy

products/services as desired.

SOCIOLOGICAL DETERMINANTS: Some prominent groups which influence

and condition consumer behavior are family opinion leader and culture.

FAMILY: Family is a primary group the tastes, like dislikes and life styles of

persons are rooted in the family buying behavior. Family may be of two types

broadly. First, on the individual personality, attitudes and evaluating criterion and

second its influence in the division marketing process involved in the purchase of

goods or services. Different members in the family may be assigned or and

specific buying files. The marketing persons should identify these members and

their respective habits.

OPINION LEADERS: Often a person makes reference to an individual and not a

group in order to formulate his/her pattern. This individual whose reference is

considered called helps the marketer to understand the consumer behavior.

CULTURE: Culture consists of acquired or cultivated behavior and thoughts of

individuals with in a society as well as the intellectual, artistic and social ideas and

institutions. Which the members of society process and to which they strive. The

influence of culture on consumer behavior is more enduring an account of the

smacker it builds up.

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COMPANY PROFILE

ABOUT ADD GEL PEN

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COMPANY PROFILE

ADD PENS LTD. Was established in 1990 as a small company with a

clear vision to make better quality & modern technology pens. After successfully

manufactured large quantities of economically priced pens. The company pioneered

the manufacture of Gel ink pens and introduced better quality of refillable roller pens

in India.

The company is well established manufacturer of high quality pens and one of India’s

fastest growing writing instruments manufacturing company with significant

contribution to quality innovation & introduction of latest technology pens.

Today, the company is the leader and largest producer of Gel ink Pens &

refillable Roller pens in India. The secret of success of these Hi-technology pens is

the use of world class components and technology from the well established

manufacturers from Japan & Korea.

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The company market its high products under ADD brand which is now

well accepted and acknowledged by the quality conscious consumer as a cut above the

rest for the latest and the best possible quality pens. We invite you to join this

satisfied group of customers.

ADD Pens Ltd. Is one of the fastest growing writing instruments

manufacturers in India. Established just 10 years ago on a very small scale, it has

now became one of the most respected player in its field.

After producing economy and quality ball pens in large quantity for 5 years

the company decided to go for the high technology Roller and Gel Pens. After

studying the world market it was found that the Roller pens and the gel pens are the

most popular and successful pens the world over.

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DATA ANALYSIS

&

INTERPRETATION

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DATA ANALYSIS & INTERPRETATION

The primary data obtained from various consumers with the help of

questionnaire has been analyzed on the following aspects.

1. Awareness of different brands.

2. Consumer’s preference in various brands.

3. Consumer’s preferences towards Gel Pens.

4. Consumer’s preference towards various ADD Gel Pens.

5. Media from which they came to know.

6. Number of consumer’s shifted to other brands.

7. Reasons for shifting to other brands.

8. Factors considered while selecting the brand.

9. Mode of purchase.

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A random sample of 100 consumers has been taken from Hindupur for

deciding the consumer’s awareness about ADD GEL PENS.

From the survey it is found that consumers are well aware of the ADD Gel,

Reynolds and Montex brands. The study revealed that ADD Gel brand occupies first

place.

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BRAND AWARENESS AMONG CONSUMER

Sl. No Brand Name %

1 ADD Gel 100

2 Reynolds 80

3 Montex 60

4 Rotomac 40

5 Today’s 40

6 Others 10

As for the information obtained from the different categories out of

100 respondents ADD Gel and Reynolds is recall most.

BRAND PREFERENCE IN CONSUMERS

%

1 A D D G e l 2 R e y n o l d s 3 M o n te x

4 R o to m a c 5 T o d a y ’ s 6 O th e r s

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SL. NO BRAND NAME %

1 ADD Gel 65

2 Today’s 6

3 Reynolds 11

4 Montex 10

5 Linc 4

6 Others 4

From the above analysis ADD Del brand of pens takes first place

having 65% of people recalled and remaining prefer the other brands.

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CONSUMER PREFERENCE TOWARDS GEL PENS

SL.NO Result %

1 YES 86

2 No 14

Though the above analyses we can come to know that just few

about 14% of people are not using Gel pens and the remaining 86% are

using Gel pens.

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FACTORS CONSIDERED WHILE SELECTING THE BRAND

SL.NO Reasons %

1 Smooth Writing 85

2 Availability 10

3 Appearance 22

4 Fine Grip 65

5 Price 35

From the above analysis most of the respondents give major

consideration for smooth writing and fine grip.

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SOURCE OF PURCHASE

SL.NO Source %

1 Stationary shop 15

2 Near by Shop 5

3 Any Shop 70

4 One Particular shop 10

When we apprehended the questionnaire, came to the conclusion

that people now tend to purchase pens of their choice in any shop at

majority. And the next turn to others.

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SUGGESTIONS GIVEN BY THE CONSUMERS

SL.NO Aspects %

1 Lack of Advertisement 35

2 Consistency of Ink 50

3 Price 10

4 Others 5

From the above analysis the majority of the respondents are shifted

to other brands due to the price. And a few for the other reasons

appearance and quality.

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CONCLUSIONS

&

SUGGESTIONS

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CONCLUSIONS & SUGGESTIONS

CONCLUSIONS:

It is very clear the, out of 100 people all the 100 are aware of

ADD Gel pens. This shows the brand awareness among the

consumers.

65% of people prefer to use ADD Gel brand pens.

It is very clear that almost 70% of the people prefer to

purchase pens in any shop

Due to the lack of advertisement and other factors the

consumers are jumping to the other brands.

More no of customers purchase add pens due to the smooth

writing and other factors.

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SUGGESTIONS:

Most of the consumers suggested improving style and introduce

New brands of pens in to the market to satisfy diversified consumer

needs.

Some of the consumers even suggested decreasing price of the pens

As well as refills on par with other competitive brands.

The company should give more advertisements In television

Media in order to have more access to consumers

Even company should provide extra grip for pens for comfortable

Writing with all brands of ADD GEL pens.

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