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To find out the attributes which consumer consider while purchasing a chocolates
What kinds of chocolates are preferred by consumers?
What are main reasons behind the purchase of chocolates?
To find out consumption frequency and occasion for purchase.
Competitors
Marketing mix
RESERCH METHODOLOGY
Most of the people eat chocolates twice a week i.e. the consumption of chocolates among
people is quite high.
The factors that drives consumers to buy chocolates is it taste, brand, advertisement etc.
A subjects taste preference does not determine the brand of chocolate to be purchased.
People prefer chocolate in the form of bar and rated taste as the most valued criterion while
choosing a chocolate.
Celebrity endorsement influence the buying decision of consumers of age group 26-35 to a
large extent and the consumers of age grop above 50 are least influenced by the celebrity
endorsement .
Findings show that a large number of people consume chocolates while celebrating and this is
true for almost every age group.
The favorite brand among people is Cadbury and the favorite being Dairy Milk Bar.
Majority of people rated taste as the most important attribute while choosing a chocolate while
giving less weightage to packaging , price , availability and quality .
RECOMMENDATIONS:
As we can see through our research majority of chocolate eaters falls between 26-35 age group.
So companies should also try to expand the age brackets towards both ends.
As in our research 26.8% of the respondents were found to prefer rich dark chocolates while 73.2
% respondents like not so dark chocolate. So companies should try to lay more importance and
should capitalize by selling rich dark chocolates and should try to increase the level of customer
consumption of not so dark chocolate.
As in our research we can see that people are brand conscious towards chocolates. So, companies
should try to create a brand image in the minds of consumers.
As in our research we can see that people eat chocolates twice a week. So companies should
further work on increase the frequency of consumption.
As in our research we can see that the factors that drives consumers to buy chocolates are its
taste, brand, advertisement. So, companies should try to experiment on various new taste by
mixing different flavours and should work upon creative advertisement and brand image.
As in our research we can see that celebrity endorsement influence the buying decision of
consumers of age group 26-35 to a large extent. So companies should incorporate more of
celebrity and can play with the comsumer mind set and thus can improve the sales and growth
rate.