Top Banner
MARKET RESEARCH ON PERFUMES Presented By: Harjot Kaur C 11 Sonam Prasad C 15 Tanvi Sharma C 17 Janhavi Vyas C 21 Jasmeet Singh C 25 Arko Bhattacharya C 46 Badel Singh C 55
81
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: MR PPT

MARKET RESEARCH ON PERFUMES

Presented By:Harjot Kaur C 11Sonam Prasad C 15Tanvi Sharma C 17Janhavi Vyas C 21Jasmeet Singh C 25Arko Bhattacharya C 46Badel Singh C 55

Page 2: MR PPT

Classification of Perfumes

FRAGRANCE WHEEL

Page 3: MR PPT

MAJOR PERFUME BRANDS

• ARMANI

• TOMMY HILFIGER

• GUCCI

• CHRISTIAN DIOR

• HUGO BOSS

• CALVIN KLEIN

Page 4: MR PPT

OBJECTIVES

• To unravel the behavior and attitudes of the fragrance-buying public.

• To study about the frequency of purchase and use; multiplicity of purchase and use.

• To learn about the shopping experience associated with the purchase of fragrances.

• To unveil the perception of price positioning of premium brands.

Page 5: MR PPT

• To get an insight into the perception of fragrance as a prestige gift and associated levels of gifting.

• To study about the perceptions associated with the celebrity endorsement.

• To learn about the effect the packaging of the product has on the buying behavior of the customer.

• To study about the relative influence of the press and TV advertising on the buying preferences of the customer.

Page 6: MR PPT

RESEARCH DESIGN

• Qualitative marketing research –

• generally used for exploratory purposes

• small number of respondents

• not generalizable to the whole population

• statistical significance and confidence not calculated

• Eg : Focus Groups

• Quantitative marketing research –

• generally used to draw conclusions

• tests a specific hypothesis

• uses random sampling techniques

• large number of respondents

• Eg : surveys & questionnaires

Page 7: MR PPT

RESEARCH DESIGN USED

• In the present research on Perfumes we have used Quantitative Research methods.

• Quantitative marketing research is the application of quantitative research techniques to the field of marketing.

• In the present project we have used questionnaires as our method for conducting our research.

• This method helped us to gain an overview of the perceptions of consumers in relation to perfumes and also the level of usage of different brands of perfumes.

Page 8: MR PPT

DATA COLLECTION

PRIMARY DATA• Sample of 253 people

.• Perceptions of

consumers regarding perfumes through a well developed questionnaire.

SECONDARY DATA• Collected information

from different sources:

• Internet: • Books: • Newspapers:

Page 9: MR PPT

RESEARCH INSTRUMENT

• Research tool used here is “Questionnaire”Types of Questionnaire :• Structured Non-disguised Questionnaire• Non-Structured- Non- Disguised Questionnaire• Structured Disguised Questionnaire• Non-Structured Disguised Questionnaire

In the present research on Perfumes we have used “Structured Non-Disguised Questionnaire”

Page 10: MR PPT

SAMPLING

In this research on “Perfumes” we have followed the following steps:

• Target Population: upper class and upper middle class income group people.

• Geographical Spread of the target population (Sampling Frame):

The area of research is North India. In north India also parts of Delhi, Jaipur and Shimla were the areas for primary data collection by way of Questionnaires.

Page 11: MR PPT

• Sampling Method Used:

We have used the Non- Probability Sampling methods which are Convenience Sampling and Snowball Sampling.

• Sample size:

Sample size is 253.

Page 12: MR PPT

Data Analysis Techniques

Descriptive Data Analysis

• Frequency Distributions• Measures of Central

Tendency • Mean, Median ,Mode• Measures of Dispersion • Variance , Standard

deviation

Inferential Data Analysis

• Chi-square (P2) tests • Correlation • Regression • Software Used : SPSS

Page 13: MR PPT

ANALYSIS OF DATA

DESCRIPTIVE ANALYSIS

Page 14: MR PPT

INCOME GROUPS

Page 15: MR PPT

AGE GROUPS

Page 16: MR PPT

Q 1: What body products do you usually use?Q 1: What body products do you usually use?

Page 17: MR PPT

Q 2: When do you usually wear a perfume?

Page 18: MR PPT

Q 3: Describe the qualities you look for in a perfume?

Page 19: MR PPT

Q 4: Any specific perfume color bottle you prefer?

Page 20: MR PPT

Q 5: What shape of perfume bottle you prefer?

Page 21: MR PPT

Q 6: What type of aromas do you prefer?

Page 22: MR PPT

Q 7: I would like to purchase perfume of a brand that is recognizable.

Page 23: MR PPT

Q 8: If the packing of perfume is attractive, I will buy it regardless of brand.

Page 24: MR PPT

Q 9: I prefer premium segment perfume because I consider they provide high quality.

Page 25: MR PPT

Q 10: I attach high social status with the people those who wear branded perfumes.

Page 26: MR PPT

Q 11: I would like to buy some specific perfume because the advertisement projects

or reflects my desired life.

Page 27: MR PPT

Q 12: Celebrity endorsement of a fragrance gives it more appeal.

Page 28: MR PPT

Q 13: Fragrance endorsed by celebrities is higher in quality.

Page 29: MR PPT

Q 14 What brand of perfume are you using at the moment?

Page 30: MR PPT

Q 15: What is your experience with the current brand?

Page 31: MR PPT

Q 16: Assign the following brands of perfume a weight based on your awareness about them. The sum of weights should not

exceed 100.Descriptive Statistics

N Minimum Maximum Sum Mean Std. Deviation

Tommy Hilfiger (out of 100) 253 0 100 5598 22.13 16.616

Armani (out of 100) 253 0 100 4304 17.01 12.560

Gucci (out of 100) 253 0 100 4033 15.94 13.231

Christian Dior (out of 100) 253 0 60 3512 13.88 10.351

Hugo Boss (out of 100) 253 0 80 3916 15.48 10.126

Calvin Klein (out of 100) 253 0 100 4290 16.96 12.435

Valid N (listwise) 253

Page 32: MR PPT

Q 17 Which key factor is your priority of choosing perfume?

Page 33: MR PPT

Q 18 From where do you shop your preferred brand of perfume?

Page 34: MR PPT

Q 19"Fragrances are a reliable and safe choice for gifts." Do you agree?

Page 35: MR PPT

Q 22 What price range would you prefer for your perfume (100ml/ 3.4 Oz)?

Page 36: MR PPT

CROSS TABULATION ANALYSIS

Page 37: MR PPT

TIME OF USAGE

Vs

AGE GROUP OF RESPONDENTS

Page 38: MR PPT
Page 39: MR PPT

When do you usually wear a perfume? * Which age group you fall in?

Count

Which age group you fall in?

Total18 to 25 25 to 40 40 to 50 50 and above

When do you usually wear a perfume?

All day long 49 40 19 6 114

Only on special occasions 33 32 22 12 99

Evenings 12 12 15 1 40

Total 94 84 56 19 253

Page 40: MR PPT

TIME OF USAGE

Vs

QUALITIES DESIRED IN A PERFUME

Page 41: MR PPT
Page 42: MR PPT
Page 43: MR PPT

TIME USAGE

Vs.

INCOME GROUP ANALYSIS

Page 44: MR PPT
Page 45: MR PPT

TYPE OF BODY PRODUCTS

Vs

INCOME GROUP

Page 46: MR PPT
Page 47: MR PPT

TYPE OF AROMA

Vs.

AGE GROUP

Page 48: MR PPT
Page 49: MR PPT
Page 50: MR PPT

CELEBRITY ENDORSEMENT

Vs

AGE GROUP ANALYSIS

Page 51: MR PPT
Page 52: MR PPT

Social status linked with branded perfumes Vs Age group

Page 53: MR PPT
Page 54: MR PPT

Brand of perfume Vs Happiness

•Majority used Tomy Hilfiger with 52 people.•High satisfaction rate with around 72.22% (52 out of 72)

Page 55: MR PPT

•2nd largest in terms of market share.• 84% satisfaction rate (37 out of 44) . Performs better than Tomy Hilfiger.

Page 56: MR PPT

TOMY HILFIGER CALVIN KLEIN

Page 57: MR PPT

Strong player in the niche segment---GUCCI

Crosstab

Count

What is your experience with the current brand?

TotalHappy Neutral Unhappy

What brand of perfume are you using at the moment? - Gucci

Yes 34 5 1 40

No 163 38 12 213

Total 197 43 13 253

What brand of perfume are you using at the moment? - Gucci * What is your experience with the current brand?

A low but healthy 34 out of 40 people are happy with the brand.

So low market share but strong player in the niche segment

Page 58: MR PPT

Source of availability Vs Age group

Page 59: MR PPT

A healthy 64.03% and majority buys perfumes from a Departmental store.

A high 35.18% out of those who buy from departmental stores are in age group of 18-25, then closely followed by the age group of 25-40.

Page 60: MR PPT

Perfume Brand Vs Income Group

Out of the 72 respondents, around 44.4% each fall in the income group of below 5 lakh and 5-10 lakh.

Therefore the mid and low income segment comprises of around 89% of the total Tomy Hilfiger brand users

Page 61: MR PPT

In the mid income segment, Christian Dior has its highest percentage of its consumers.

Of all its users, around 59% of users are from the mid income segment. And this value is next only to of Tomy Hilfiger.

TOMY HILFIGER CHRISTIAN DIOR

Page 62: MR PPT

Perfumes as Gifts Vs Age group

Page 63: MR PPT

• Around 61.6% of the respondents believed perfumes as a safe choice for gifts. In this around 35% comprised from the 18-25 group and another 35% from the 25-40 age group, making a combined 70%.

Page 64: MR PPT

PREMIUM SEGMENT PERFUME HAS HIGH QUALITY

Vs. AGE GROUP

Page 65: MR PPT

“I prefer premium segment perfume because I consider they provide high quality * Which age group you fall in? Cross tabulation

Count

Which age group you fall in?

Total18 to 25 25 to 40 40 to 5050 and above

I prefer premium segment perfume because I consider they provide high quality

Strongly Disagree

0 4 1 0 5

Disagree 9 11 9 3 32

Neutral 28 22 19 6 75

Agree 48 35 17 6 106

Strongly Agree

9 12 10 4 35

Total 94 84 56 19 253

Page 66: MR PPT
Page 67: MR PPT

SPECIFIC PERFUMES REFLECT THE DESIRED LIFE

Vs. AGE GROUP

Page 68: MR PPT

I would like to buy some specific perfume because the advertisement projects or reflects my desired life. * Which age group you fall in?

Count

Which age group you fall in?

Total18 to 25 25 to 40 40 to 50 50 and aboveI would like to buy some specific perfume because the advertisement projects or reflects my desired life.

Strongly Disagree

7 8 3 1 19

Disagree 24 23 24 10 81

Neutral 32 30 6 5 73

Agree 28 19 18 3 68

Strongly Agree 3 4 5 0 12

Total 94 84 56 19 253

Page 69: MR PPT
Page 70: MR PPT

INCOME GROUP Vs PRICE RANGE OF PERFUME

ANALYSIS 

Page 71: MR PPT

Which income group you fall into? * What price range would you prefer for your perfume (100ml/ 3.4 Oz)?

Count

What price range would you prefer for your perfume (100ml/ 3.4 Oz)?

TotalLess than Rs. 1000

Rs. 1000 - Rs. 2500

Above Rs. 2500

Which income group you fall into?

Below 5 lacs 76 37 9 122

5-10 lacs 23 53 15 91

Above 10 lacs

6 12 22 40

Total 105 102 46 253

Page 72: MR PPT
Page 73: MR PPT

AGE GROUP Vs. PRICE RANGE ANALYSIS

Page 74: MR PPT

Which age group you fall in? * What price range would you prefer for your perfume (100ml/ 3.4 Oz)? Crosstabulation

Count

What price range would you prefer for your perfume (100ml/ 3.4 Oz)?

TotalLess than Rs.

1000Rs. 1000 - Rs.

2500Above Rs.

2500Which age group you fall in?

18 to 25 44 41 9 94

25 to 40 39 31 14 84

40 to 50 11 24 21 56

50 and above 11 6 2 19

Total 105 102 46 253

Page 75: MR PPT
Page 76: MR PPT

Marketer’s Focal Point

• Most sought after qualities: Freshness & Relaxing

• Most preferred aromas: Light & Sweet

• Clear bottles are preferred over colored bottles.

Page 77: MR PPT

CONCLUSION

• Majority of the people who wear perfumes prefer to use perfumes for all day long and this phenomenon was most found in the range of 18-25 years.

• Freshness and relaxing are the two most sought after qualities in the perfumes and heavy and spicy are two least preferred one.

• People usually prefer perfumes being packaged in clear bottles.

• Light and sweet aromas would figure as the most preferred aromas.

Page 78: MR PPT

• Majority of the people would like to purchase a branded perfume which is recognizable and they prefer premium segment perfume as they perceive that these perfumes are of high quality.

• Tommy Hilfiger is the most popular brand that the majority of the respondents.

• Fragrance and brand are the two most crucial factors affecting the decision for buying the perfume.

• Departmental stores are still the favorite destinations for buying perfumes though the trend of online shopping is picking up.

• Fragrance is a reliable and safe gift choice especially for those brands which have been around for years

Page 79: MR PPT

RECOMMENDATIONS

• The consumption patterns indicate a low usage rate, so companies should go for intensive marketing and awareness campaigns to tap the untapped potential.

• The companies should provide smaller packing so that all larger segments of consumers could be attracted.

• The untapped potential markets of sub-urban and

rural areas should be strategically conquered.

Page 80: MR PPT

MAJOR LIMITATIONS

• The sample size selected for the project included only about 300 respondents. Larger pool of respondents provides the key findings a finer edge.

• The selection method chosen for the process of sampling was based on convenience and snowball sampling.

• The geographic extent of our sampling was limited was limited to north India.

Page 81: MR PPT

THANK

YOU