Pest Analysis
Pest Analysis
Demographic factor:-
• Population growth:-chocolates have wide impact on population
growth.
• Educational groups:-target population is all age groups but the education
group will have more influence on it. As this is used to celebrate events
such as birthday days
• Population age mix:-both men and women would like 2 prefer dairy milk.
• Household patterns:-consumption and need is according to the
household patterns.
Political factor:-
• If government increases the tax rate on chocolates than customer have
to pay more for it
If tax increase by10% than normal dairy milk of 5 Rs will be of 5.50.
• If some party such as congress comes into power than it will affect
positively or Negatively depending on tax and norms.
• If inflation rate increases than it will affect fmcg sector so dairy milk also
will be affected.
Economic:-
• In festival seasons the demand of chocolates increases.
• More demand will depend upon the buying power of consumers.
• Willingness to buy:-demand of chocolates will depend on the persons
willingness to buy, this will depend on the quality of the dairy milk and
need.
• Taste and preference:- Cadbury has wide variety of products and 1
of them is dairy milk. Its different varieties are fruit and nut, raisins,
almond. So the demand will be according to the taste and
preferences of the variety.
• Income:-variation in income will affect positively or negatively on dairy
milk. More the income than more will people buy.
Social:-
Cadbury India has a tradition of caring for the environment and enriching
the quality of lives of the communities we live and work in, through a
variety of result-oriented programs.
Various steps taken by Cadbury India are:
Technological: -
• Milk quality can be improved much by technology.
• Refrigeration power can be improved by new technology so that cold
storage product such as dairy milk and other milk products can be
stored well and long for much more time