Sip Project Edited
Sip Project Edited
Sip Project Edited
Session- 2023-2024
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PREFACE
This present Project report is an image of what I have done and observed during my research
study A STUDY ON CONSUMER BUYING PERCEPTION OF VENUS SOAP AT
RSPL LTD..
This report is the result of the work done during the research period.
I have tried my level best to be as systematic as possible and to avoid any sort of biases.
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DECLARATION
I hereby declare that this submission is my own work. It contains no material previously published written by
another person, nor has this materials to a substantial extent been accepted for The award of any other degree or
(STUDENT’S NAME)
[Mayank Srivastava ]
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ACKNOWLEDGEMENT
Summer Internship Project Report is one of the important parts of MBA program, which has helped me to
gain experience and will be beneficial in my succeeding career. For this, with an ineffable sense of
gratitude I take this opportunity to express my deep sense of indebtedness and gratitude to Dr. S. K. Bhalla,
Director - Pranveer Singh Institute of Technology and Dr. Harit Kumar, Head of Business
Administration Department, for their encouragement, support and guidance in carrying out the project.
I am very thankful to, my Project Guide Mr. Deepak Shukla, MBA Department for his
the development of the project. It has been my great privilege to work under his inspiring
guidance. I am also thankful to my parents and my friends for their indelible co-operation for
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EXECUTIVE SUMMARY
The market will get transformed into a mass market phenomenon that relies on
economies of scale. Overall penetration and market opportunity will increase,
but with thinner margins. Operators will struggle to find a balance between
yield and growth to fulfill growth expectations. Value added services such as a
service differentiator and an important revenue stream that will help to cushion
the pressure on overall service revenues. In such conditions, the new augmented
products, effective service delivery, technologically updated value-added
services and customer relationship management will be crucial for each of the
players in the tractor services industry. After making the comparative analysis of
A STUDY ON PERCEPTION OF CONSUMERS TOWARDS VENUS CREAM
BAR we come to know that only the brand Ghari is so famous & Xpert & Venus
is also going well. But MR2 is not doing well. The advertising strategy of RSPL
is not too good.
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TABLE OF CONTENTS
Page no.
Declaration I
Acknowledgement Executive
Summary
PART-1
CHAPTER 1: INTRODUCTION
1.1 Introduction about the Problem 1
PART- 2
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❖ CHAPTER 3: STUDY OF THE SELECTED RESEARCH PROBLEM
3.1 Statement of the research problem.
3.2 Review of Literature
3.3 Statement of the research objective.
3.4 Research Methodology
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Chapter 1: INTRODUCTION
Behavior is a mirror in which everyone shows his or her images. Behavior is
the process of responding to stimuli. Consumer behavior is to do with the
activities of the individual in obtaining and using the goods and services; it
encompasses the decision – making process that precedes and determines
purchases.
STANDARD DEFINITIONS
Professor Walter C.G. and Professor Paul G.W, ―the process whereby
individuals decide whether, what, when, where, how and from whom to
purchase goods and services‖.
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STEPS IN BUYING PROCESS:
The consumer buying process is a five steps activity. These five steps are
1. Need Recognition.
2. Information Search.
3. Evaluation and Intention.
4. Purchases decision and
5. Post purchase’s reaction.
1. Need recognition:
The starting point of the buying process is the perceived want or a desire. Need
recognition is the awareness of the want or a consumption problem without
whose satisfaction the consumer feels restless, and tension charged. That is,
heor she feels that a desire or want has arisen which has to be satisfied. Needs or
wants to arise either due to internal stimulus or external stimulus.
2. Information search:
A need aroused and recognized can be satisfied only when the product or
services is available. Consumer interest is indicated in the consumer ‘s
willingness to seek further about product or satisfaction, he searches relevant
information. Consumer has many alternative sources of information to tap such
as friends, relatives, neighbors, salesman, dealers, advertisements, packages
and above all consumer organizations.
It is consumer ‘s deep interest in the product or services that paves the way for
evaluation and intention. The evaluation stages are the stages of mental trial of
the product or a services based on the accumulated information and judges the
relative worth of alternatives products or services from the angle of want
satisfying potential. The final purchases depend on the relative strength of the
positive intention to buy.
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4.Purchase Decision
It is the positive intention of the consumer that leads to a purchase decision.
Decision to purchase implies consumer commitment for a product or a service.
Practically, it is the last stage in the buying process because it completes the
exchanges process. Such a purchase may be a trial or adoption. Trial purchases
are done when the consumer buys the products or service for the first time.
This occurs mostly in the case of consumer non-durables. In the case of
consumer durables, it is purchasing adoption than trial because, consumer
durable items cannot be purchased on trial basis.
5.Post Purchase behavior
Post-purchase behavior or reaction stands for the behavior of a consumer after a
commitment to product has been made. This post- purchase experience may be
a set of positive or negative feelings. Positive feelings or satisfaction will result
in repeat sales or at least recommending the products or services to other; on the
other hand, dis-satisfaction or negative feelings creating anxiety and doubts.
This stage of mind is called as ‗cognitive dissonance ‘. He tries toreduce it by
going in for other alternative products or services in search of highest level of
satisfaction.
A word of caution, at this level, is essential. The stages mentioned above are
only a graphic description of a buying process. There is no specific pattern in
which every adoption process must fit in. As consumer is unique creature, one
may be quick; another may be slow to reach each stage or stages. It is consumer
personality-speed-caution-difference-wavering-shyness-risk taking- jubilant-
serious all follow these stages to make purchase.
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PSYCHOLOGICAL DETERMINANTS:
A. Motivation:
B. Perception:
D. Attitude:
E. Personality:
Very often, the word personality is used to refer to the capacity of a person for
popularity, friendliness or charisma. However, in strict sense, it refers to the
essential difference between one individual and another. Therefore, personality
consists of a mannerisms, habit and actions that makes a person an individual
and thereby serve to make hem distinct from everyone else.
The personality of an individual is either expressed in terms of traits or type.
The personality traits may be-aggressiveness-honesty-anxiety-independence-
sociability and so on.
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PRODUCT PROFILE
In 1924, it became the first mass market toilet soap in the world. It is noted as a
brand that pioneered female celebrity endorsements.
As of 2005, Venusrevenue is at 1.0 billion euros, with market shares spread out to
more than 100 countries across the globe.
Today, Venus is the market leader in several countries including Brazil, India,
Thailand and South Africa.
One of the most popular beauty products India in terms of soaps and body
washes is VENUS soap. For years, VENUS has been one of the India top soaps
that offer a way to gain smooth and fair looking skin without worrying too
much on how old the user is. VENUS soap came from one of the biggest
corporations in the India today, Unilever. VENUS is a personal care brand
owned by Unilever. VENUS is primarily made from synthetic surfactants, as
well as some vegetable oil-based soap ingredients, such as sodium palm
kernelate. VENUS is formulated to be pH neutral, with a pH that is usually
between 6.5 and 7.5.
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VENUS‘s products include: antiperspirants/deodorants, body washes, beauty
bars, lotions/moisturizers, hair care and facial care products.
In the US, VENUS soap is currently produced in the cool moisture, exfoliating,
sensitive skin unscented, Natrium nourishing, white, pink, calming night, pro-
age, and energy glow versions.
VENUS soap was launched in the United States in 1957., years after Unilever
acquired soap factory De Duif (Dutch: The Venus) in The Netherlands, from
which the English brand name VENUS is derived.
VENUS has grown from a US-only soap bar into one of Unilever ‘s biggest gl
brand, and #3 in the Anglo-Dutch company ‘s portfolio behind Knorr and Lair
extends the brand across the complete personal care spectrum, and VENUS now
soap to shower gel, and from deodorants to shampoo-conditioners. VENUS has
for its marketing. In 2003 Ogilvy & Mather launched a series of ads for Dc
women. The brand competes fiercely with Procter & Gamble ‘s Olay, Beiersd
Neutrogena, all of which have a similarly broad product range.
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MARKETING ADDRESS: -
MANUFACTURING ADDRESS:-
RSPL LIMITEDLTD.,
BAROTIWALA (H.P.) 174103
M.L Nimham/COS/2004/35D)RSPL LIMITEDLTD,
C-9, M.I.D.C.AREA, KHAMGAON, DISTRICT,
BULDHANA, MAHARASHTRA 444303
M.L Nomad/COS/1/2002.
REGD.OFFICE:165/166, BACKBAY RECLAMATION
MUMBAI 400020.MADE IN INDIA.@RSPL2007.
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Positioning
Ghari is a well-known brand in the market. This has a very good image
especially in rural areas where it is ruling . Even on a betel shop this product is
available .
The punchline of the product is –
Considering other factors like price this product is easily affordable. The key
points regarding the positing is as follows
1. Low Price
2. Easily availability
6. Affordable
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Targeting
Ghari detergent a well-known brand in market . The company is targeting lower class and middle
class customer . The product is available in small packs also so it is targeting rural customers also
. Price of the product is also very less. On these basis Ghari detergent is giving tough
competition to other big brands also . The main feature which attract customers towards this
product is Quality in less price. Apart from Ghari Other products like xpert, venus and MR2are
also doing good in market. Here the company have two kind of detergents but they both are
targeting different level of customers. MR2 is targeting upper middle class levels customer
whereas Ghari is targeting middle middle, middle lower and lower level class . The main factors
which are involved in targeting the customers are
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COMPETITORS
Rohit Surfactants Private Limited is a well know Company in Detergent market. However
there are so many big players like Hindustan Unilever Limited and Procter and Gamble are in
the market but then also RSPL‘s specially Ghari Detergent and Cake are giving tough
competition to them. RSPL is providing a quality product in less prices. Specially in rural areas
where Ghari is a well known brand. Product is also available in small packs.
Some players in detergent market are – Rin ,Tide ,Wheel, Nirma ,Surf Excel , Vim . Tide is the
top competitor of Ghari and Vim is the top competitor of Xpert.
No Company can fulfill the demand of every customer because the taste and preferences of
customer varies. So Company targets a particular group of customer with a particular income
level. RSPL is targeting middle class and lower class customer. Company provides good quality
product in reasonable price.
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BRAND AMBASSADR OF VENUS SOAP
Vidya Balan is the brand ambassador for Venus Beauty soap. Venus beauty soap is a product of
Kanpur based firm, Rohit Surfactants, the company that also manufactures the Ghari detergent soap
and washing powder.
Bollywood actress Vidya Balan has been appointed as the brand ambassador for
Venus Beauty soap.
This is the first time that a Bollywood celebrity will be endorsing the product.
Venus Beauty soap is a product of Kanpur based firm, Rohit Surfactants, the
company that also manufactures the Ghari detergent soap and washing powder.
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NEW BRAND AMBASSADR OF VENUS SOAP
Isha Talwar in new brand amb
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INDUSTRY PROFILE
ABOUT THE SOAP INDUSTRY:
ORIGIN OF SOAP INDUSTRY:
History of soap dates way back from 2350 years. Soap manufacturing was
started in North America. Early in the history of Europe colonies and of the
republic. Some American companies with currently well known names were
started 50 to 200 years ago. During Middle Ages, soap was made at various
places in Italy, France, Spain, England and possible other countries.
Mankind knew about soap nearly 200 years back 70 A.D. when Mr.Pllny and
Mr. elder evidentially discovered the soap when roasted meat over flowed on
the flow in ashes. This lump like product was soap and had foaming and
cleansing character. Since then 1192 A.D. that in the first time detergent was
taken in London. It is in 1931 A.D. that in the first-time detergent was
discovered by Mr. Grency with the sulphated olive oil and almond oil. The
wood consumption of soap in 1884 A.D. was said to be lakhs/ton per Anuman it
was in this year Mr.W.H.L. ever entered the field of the soap making ina big
way.
Soap industry in India began with M/S Godrej setting up their manufacturing
unit in 1918 at Mumbai and M/S government soap factory in Bangalore. The
industry stagnated due to the in informed price control. The industry soon
recovered and experienced sharp ups wing during 1974.
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PROBLEMS OF SOAP INDUSTRY:
Soap industry faces some problems in the case of raw materials. The major
ingredients like soap ash, linear alkyl, benzene and sodium Tripoli phosphate
poses number of series in terms of availability.
The demand supply gap to vegetable oil is 1.5-2 lakhs tons and is met through
imports. In recent months, price of caustic soda has shown a rising trend. The
contents of soda ash in the cheaper varieties of soap are quite high.
The growth prospects seems to be enormous considering the fact that the per
capita income consumption in India is as low at 0.30kg over the year we have
M/S RSPL, M/S TAMCO,VENUS etc., leading the industry in the field of
soap manufacture, growth of population, income
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MARKET SCENARIO
Of the nearly 7 lakhs tons toilet soap, market for 500 tons comes from the
premium segment, 3 lakhs tons won carbolic segment and the rest are from the
batting or popular segment. There are 40 brands in the total toilet soap market.
In the popular segment Liril, Cinthol, Palmolive, Venus international have
been well established in the market. In the popular segment venus, rexona ,
hamam, santore have a strong presence while among the carbolic soap
lifebuoy, Ok, nirma have proved their worth.
The important point is that the price of the soap between the various brands
generally varies between 50 paise and rupee. The soap industry does not face
serious problems to the raw materials front.
In recent times, the price of caustic soda have shows a using trend. This
contents of soda ash is the cheaper varieties of soap in quite higher linearalkyls
benzene, being an important input in manufacture of soaps the future of this
soap industry is very much dependent on this input. It is capital incentives
during the around in 700-800 cores.
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CHAPTER 2: COMPANY PROFILE
organization About us
At Ikigai Corporation Company, we place customer needs at the fore-front. With our reliable, experienced
team you can feel secure that we will meet your needs to the highest standard. We aim to make an impact on
manufacturing businesses by improving your access to cost-effective raw materials. Ikigai Corporation
Company provides APIs, pharmaceutic al excipients, and specialty chemicals.
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Company Profile:-
Ikigai Corporation Company is one of the leading suppliers of active pharmaceutical ingredients (APIs)
pharmaceutical ingredients, and other raw materials in PRC.
Our experienced team of professionals distributes raw materials to all corners of the world and has a well
established presence in the global market. Working both locally and internationally, we are well-positioned to
support pharmaceutical and biopharmaceutical companies. As a reliable and competent supplier of quality APIs,
pharmaceutical intermediates, excipients and specialty chemicals to various industries, we are able to partner
with companies in their goal of improving patients’ outcomes through the availability of quality and efficacious
products.
We have built up a significant catalogue, through our partnerships with API manufacturers, of the most in
demand APIs and pharmaceutical intermediates as well as quality excipients necessary for augmenting your
formulation process. These include APIs found in anti-inflammatory, pain management, anti-microbial,
antiretroviral, antihistamine therapies and more.
Our excipient catalogue includes, among other things: binders, fillers, preservatives, disintegrants, coating
agents, lubricants, colouring agents, flavouring agents, etc. At Ikigai Corporation Company, we value a
customer-centric approach and, because of this, our highest priority is to meet your needs and create value,
both for you as our customer and for suppliers. One way we aim to meet your needs is by providing all the
chemicals necessary for your drug manufacturing. Through this your procurement process is simplified.
We maintain strong relationships with manufacturers of pharmaceutical, nutraceutical, agricultural and
specialty chemical products, which we are able to leverage to source the best quality APIs and raw materials for
our clients. One of our main goals is that we are a company who is able to offer value to our customers. That is
why our supply chain process is built around accentuating the features that are most valuable to our customers.
At Ikigai Corporation Company, we know that manufacturers are looking for cost-effective methods. We are
able to offer our customers very competitive pricing because we work hard to source low cost, high quality
APIs and intermediates while offering top supply chain services.
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support you throughout this period through mentorship, workshops and online communities.
We take care of everything that comes before that – from your admission to your final placement. Our approach
is based on the principle that education should be affordable to everyone, especially those who are motivated
enough to learn new skills but can’t afford it.
ISA-based programs provide you with the ability to learn the new technologies and frameworks that will help
you prepare for a new job.
Stop paying once you reached the maximum amount of INR 2,50,000 plus GST
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1.3 Vision, Mission and Quality policy
In 2018, I was forced to press refresh. I was navigating the exit of my co-founder from the firm we had founded
in 2012. If I were to continue alone, I were to take over the practice, re-imagine, and re-brand it, and I had my
moments of self-doubt.
I asked myself, “Why did I start the firm? Why do we matter? Why do clients come to us? Why have some of our
most committed people joined and stayed with us?” With some introspection, I found compelling answers to my
questions, which gave me the clarity that this was a journey worth continuing. While it helped me to identify
the why when I was forced to reassess, it would be powerful to start with it.
Simon Sinek has inspired millions with his celebrated book ‘Start With Why’. He has an elegant theory that he
sums up by drawing three concentric circles. The inner-most circle is labelled ‘Why’, the middle circle is
labelled ‘How’, and the outer circle is labelled ‘What.’ He argues that followers buy in to the world’s most
powerful brands because they relate to ‘why’ these brands exist – their core values. ‘How’ they do what they do
is merely a tool to achieve the ‘why,’ and the product, or ‘what’ is on offer, is merely the end-result. As a
corollary, powerful brands communicate to their followers inward out – first, the why, then the how and last, the
what. Would you imagine buying a phone made by a computer company, say a Dell or Lenovo? But don’t
people actually queue up for hours on launch day to buy a phone made by a computer company? Sinek, here is
speaking of Apple. He says that these people will buy anything Apple makes, because they believe in Apple’s
core value, ‘Think Different’. It resonates with them.
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During our annual townhall last year, one of our associates told us that before she joined us years earlier, she
had competing offers. To help decide, she drew out a chart with everything that she wanted her workplace to
be. It looked something like this:
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At a certain level, her version of why intersected with that of the firm.
Employees think no different from customers in Sinek’s Apple example. They need to buy in to the why of their
organisation, not just the how and the what – that’s what drives employee loyalty. The why can go a long way in
setting the culture of the organisation in a manner that the how and what cannot.
Perhaps even more important than for employees is for leaders to understand the why. It helps them lead with
conviction and consistency. At Ikigai Law, the clarity on why allowed us to take difficult decisions and stick by
them. Sometimes, we have turned down business opportunities that did not align with our why, and sometimes
we have taken up time-intensive projects that did align but may have never made us money. When we started
our now successful tech- focussed public policy practice that works with some of the largest global technology
companies, it was a cost centre, with few models for monetization. We ventured into it because we believed it
would take us closer to our mission of ‘enabling technology, innovation and entrepreneurship.’ It is the same
with our blockchain and aerospace practices.
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The mission statement articulates the organisation’s why – it’s raison d’etre. It addresses why the organisation
exists, before it goes on the address the how or the what. That’s what makes it important.
When we rebranded in 2018, we named ourselves Ikigai to demonstrate our commitment to our why. Ikigai is a
Japanese philosophy that can broadly be said to mean the “reason of being”. But, I like its more elaborate
explanation that is best understood through this now ubiquitous illustration of four intersecting circles. Ikigai is
where these four circles meet. It is the intersection of what you are good at, what you are passionate about, what
the world needs, and what it values. It is from this Ikigai, that our mission statement emerges.
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We invested an incredible amount of time in writing our mission statement. We involved the entire senior team
so that our mission has a buy-in, and is informed by diverse views from different constituents. This was
important to make sure we were not fooling ourselves with high- sounding words that others did not see getting
translated in our behaviour and way of work. Amidst murmurs that we were spending too much time on a
10,000 feet discussion, we went back and spent even more time on first helping the team see why this was
important. We then introduced the mission statement in a workshop-styled session, and exchanged notes on its
value to our daily lives at the firm. Every word in the statement means something to us. Take ‘fun’ for
example. We are a fun-loving team and we want to make the world a fun place with our work. That is why our
digital gaming practice is as important to us as our aerospace practice.
Jack Welch laid down some parameters to question your mission statement: Will this mission statement help us
make choices about people, investments and other resources? Will it prevent us from asserting that we will be
all things to all people? Is it ambitious enough and does it inspire? Does it tell us how we intend to win in
business? I may be guilty here of picking and choosing what resonated the most with me. I want to add one
more: “Is it simple enough?”. I like TED’s mission statement for that reason: “Spread Ideas.”
There are a few more I like, and they respond well to the questions raised by Welch. Warby Parker’s mission is
“To offer designer eyewear at a revolutionary price, while leading the way for socially conscious businesses.”
American Express aims “to be the world’s most respected service brand.” I like this one for its scope. The
company sees itself as a service brand and not a card company. Google’s mission is “to organize the world’s
information and make it universally accessible and useful.” I like that it focusses on the intent and not the
product. Microsoft’s statement in its earlier days was “to empower every person and every organization on the
planet to achieve more.” I like it for its ambition.
Mission statements are to be more than just high-sounding virtues: excellence, integrity, respect, quality. As
Welch says “integrity is just a ticket to the game”. “If you don’t have it in your bones, you shouldn’t be allowed
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on the field.” If done right, mission statements can be powerful tools that have a lasting impact on keeping
businesses on track through growth and slowdowns. They can focus the organization’s energy and drive action,
lay the foundation for culture, and form the core of a brand identity.
I must thank my colleagues Nehaa Chaudhari and Surbhi Goel for reminmding me of the anecdotes I mention
here and a sharp round of editing, and the entire team at Ikigai Law, because the mission is just a couple of
sentences without the team doing all the hard work that allows us to dream on!
1.4 Structure of the organization
What is ikigai
According to the Japanese, the answer to a meaningful and purposeful life is simple, find your ikigai. But
what is ikigai?
Concisely, ikigai is a concept that has been rooted in the cultural fabric of Japan for centuries and simply means,
“reason to live.”
In practice, the depth of the concept is much more than a simple translation; Ikigai is a lifestyle. Incidentally, the
Japanese live it somewhat instinctively without much fanfare or ego.
While ikigai is often described as one’s “sweet spot” and we can surely agree that one’s sweet spot is one’s
ikigai, ikigai is not confined to any framework or conditions.
In this article, we strive to define just what true ikigai is and how you can find yours:
To many English language speakers, ikigai is heard and spoken in three syllables. However, in actuality, ikigai
has four syllables as shown in the Japanese Hiragana alphabet below, and is pronounced (ee-kee-ga-ee):
Japanese Hiragana
Japanese Kanji
When translated literally, iki means “life; alive” and kai (pronounced as gai in this case) can be translated as
“reason; worthiness; fruitful; effective.”
In regards to kai, it is important to note that there is a strong connotation with “challenge”. A common
assertion is that the term stems from “passion”. Therefore inferring that it is valuable to one’s life and requires
a certain amount of effort to pursue it.
Hence, a literal translation doesn’t quite give you the insight you need to grasp the gravity of the term and its
importance for oneself. As a result, there have been a number of translations, all of which are said to be
accurate:
reason to live
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reason to get up in the morning or jump out of bed
happiness of being
a raison d’etre
Conceptually, Ikigai is a path, a way of life or journey; not a destination. Based on that, we can say that the
benefits of ikigai are infinite. Following your passion one any given day is a day worth treasuring, hence
following your ikigai every day is the root to living.
To put it in more practical terms, your ikigai wakes you up in the morning and leads you away from a
mundane, status-quo life-style. It empowers you and drives your actions, your purpose.
Let’s consider how ikigai can help you with your pursuit of happiness.
Imagine waking up excited, knowing that today is an opportunity to move forward with something that appeals
to you. What an awesome feeling! Especially on those Monday mornings, knowing that the day ahead of you
will be a day for you.
Let’s say that your passion is dancing – or cooking – or volunteering – or building. Whatever you enjoy! And
today you are going to spend some time doing that.
Surely, you may have other things to do during the day, but this is what having ikigai does for you. It gives you
the motivation you need to enjoy life in the way you want to enjoy it. It is waking up with passion.
Act on your passions daily, and you will surely be excited to continue, again and again, the next day and the day
after.
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Have ikigai and you will find yourself saying, “Today was a great day. I lived today.”
Of course, life, whether you have ikigai or not, is not always ice cream, glitter, and rainbows. You will face
difficulties and struggles just as we all do.
We all experience loss and failure, i.e. falling off the proverbial bicycle and skinning our knees.
Circumstances out of our control throw life’s curveballs at us constantly and we get knocked down. Everyone
has to do things they do not enjoy doing from time to time.
Ikigai does not eliminate these things from your life. It does, however, provide you with a real sense of
balance. There are times when you need your purpose in life.
Ikigai will help you pick yourself up through tough times. It provides you with the clarity you need in your
life. Ikigai is as much of a guiding light in times of difficulty, pain, and sorrow as it is a reason for waking up.
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Use cases
The company states that Ikigai can be used in the following ways:
Participants will be able to come up with the solutions for business problems.
Participants will be able to come up with the real business use cases.
Progress Reports
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Results of quizzes, assignments of all the participants on a regular basis.
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1.7 Organization’s SWTO analysis
It might be a job that you can’t seem to enjoy, a profession you feel lacks value or maybe a passion that you
can’t seem to make profitable. Every person in the world has their own unique set of skills, desires and beliefs
but those aspects are not always easy to understand for ourselves.
There is a widely used concept that roots in Japan called Ikiagi. It is used as a long term tool to help one focus
their “Reason of being
What is Ikigai
The word “Ikigai” stems from two Japanese words, iki (meaning life) and kai (pronounced “gai” meaning
effect, result, worth, benefit.) The word translated to English roughly means "thing that you live for" or "the
reason for being.” Ikigai is usually used to indicate the value in one’s life or the things that make one’s life
worthwhile.
Not necessarily related to economic status, Ikigai is a long term tool used during a lifetime and may very well
change over time. Everyone has their own ikigai, it’s personal, it reflects the inner self of a person. Caring for it
can help create a sense of a life worth living.
Finding your life's purpose can be very rewarding, but also might seem elusive for many.
It’s important to remember that understanding your own Ikigai is not a quick solution for social or economical
success. It is a long term tool used in order to help focus and establish a unique mental world for a person to
feel at ease with.
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Ikigai is regarded by many to be an important tool in the search for a long and fulfilling life. So much so
that the Ministry of health and welfare in Japan has introduced a national health promotion (Active 80
health plan) which encourages a healthy lifestyle and a sense that life is worth living (Ikigai) to contribute to
the health of older people. Relying on the belief that creativity is an integral part of well being.
In his Ted talk “How to live to be 100+”, Dan Buettner relates one of the causes for longevity in Okinawa
to the use of Ikigai in the community. The community of Okinawa live about seven good years longer than
the average American. Five times as many centenarians as in America. One fifth the rate of colon and
breast cancer And one sixth the rate of cardiovascular disease.
There are a few main reasons for the long life of the Okinawa community and Dan regards Ikigai to be one of
them. He gives the examples of a 102-year-old karate master, his ikigai was carrying forth this martial art.
A hundred-year-old fisherman, for him his Ikigai was continuing to catch fish for his family three times a week
and a 102 year old woman, her ikigai was simply her great-great-great-granddaughter. The U.S National
Institute on Aging gave Dan a questionnaire to give the centenarians of Okinawa. One of the questions was,
"What is your ikigai?" They instantly knew why they woke up in the morning.
Fill out the corner boxes first and then fill out the sides based upon the corners and then fill out the Ikigai based
upon the sides.
The ikigai lies in the center of 4 interconnected base aspects (used here as the center out of 9 boxes).
42
These base aspects are interconnected and between them we find more personal aspects of our lives (used here as
the top, bottom, left and right boxes).
Your mission - connecting “What you love” and “What the world needs”
Your vocation - connecting “What the world needs” and “What you can be paid for”
Your profession - connecting “What you can be paid for” and “What you are good at”
Your passion - connecting back “What you are good at” and “What you love”
Take your time to fill out the base aspects. You can use these questions to help you get started.
- What talents do you have and what do you excel at even when you aren’t trying?
We proceed in doing the same as we did in the corner boxes and one by one we start filling out the personal
aspect of our life each time finding and connecting more and more dots in order to find our Ikigai
On the last step of our personal mind network of an Ikigai, we will take all these points we found throughout our
lives and using them, find what connects all of these together, our Ikigai.
Our personal, faithful, long term and sometimes even changing Ikigai.
43
One of the worlds longest lasting “self achievement” concepts for a long and fruitful life. It may not be
everyone's cup of tea but it certainly helped me find my drive in life and focused me to seize the best suiting
opportunities.
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44
CHAPTER - III
45
REVIEW OF LITERATURE
Consumer behavior which was earlier termed as covered behavior is a continuous consumption
process related to pre-purchase, purchase and post purchase issues. This refers to the physical
action of consumers that can be directly observed and measured by others. According to
Michael R.Solomon & Nancy J.Rabolt (2004), consumer behavior is the study of the process
involved when individuals or groups, select, purchase, use or dispose of product, service, ideaor
experience to satisfied need and desires. According to Frank R. Kardes (2002), Consumer
Behavior is the study of human or consumer responses to product, services and the marketing of
products and services.
The concept of modern consumer behavior is that people mostly buy products not for what they
do what for what they stand for. This concept implies that the product play a role which goes
beyond their functional purposes what actually they meant for and consumers tend to
established a relationship with a product what they like. The types of relationship a
consumermay make with a product is like self concept attachment, nostalgic attachment,
interdependent and love. (Solomon and Nancy, 2004) Sproles & Kendall (1986) established a
model to conceptualize consumers decision making behavior with eight consumer mental
orientation variables viz., perfectionism consciousness, brand consciousness, novelty and fashion
conciseness, impulsive and careless consumer, confused by over choice consumer, habitual and
brand loyal consumer, recreational and hedonic shopping conciseness, price and
valueconciseness.
Jin & Kang (2010) in their study of purchase intension towards foreign brand jeans using four
antecedents viz., face saving, attitude, perceived behavior control and subjective norms found
that face saving, attitude, perceived behavior control have significant influence of purchase
intension where as subjective norms has not significant influence towards purchase intention.
In order to offer an effective service, it is important to identify the segments of consumer , and
taking into the account of the benefits which is the consumer seeks. The Consumers seek is
benefits or the solutions, but not the products (Rowley, 1997). Faber and O‘Guinn T C (1992)
46
reported a seven-items scale and assessed its reliability and validity. An earlier version of
this
47
scale used a subset of three items (Faber and O‘Guinn, 1989b) while, Faber and O‘Guinn
(1989a) used a superset of 15 items for operational compulsivity. The second approach is
mainly used a nine-item scale(Youn and Faber, 2000) , which is developed earlier by Rook and
Fisher (1995). Thus compulsive buying is a very important aspect in consumer‘s behavior
research. It has been defined as ―chronic, repetitive purchasing, that becomes a primary
response to negative events or feeling‖ (Faber and O‘Guinn, 1992). Previous studies in this area
have highlighted the fact that compulsive buyers tend to have self-esteem in lower level, and a
higher level of tendency to fantasize, higher level of depression anxiety, and obsession, as
compared to other consumers . Consumer‘s purchasing decisions are normally based on
theirown perception and representations of quality and safety. However, quality and safety are the
concepts that cannot be easily defined. (i.e., product attributes that cannot be verified by the
consumer). Consumers are most likely to derive quality or safety perceptions from other product
cues, either intrinsic (e.g., appearance of the product) or extrinsic cues (e.g., a quality label)
(Nelson, 1970).
Consumer behavior is also affected by the socioeconomic conditions of the markets namely,
income, mobility, media access (Tse et al., 1989). It has been observed that per capita income
and disposable income indicates the amount of resources consumers allocate to consumer goods
(Johansson and Moinpour, 1977). As more resources become available in future, consumers
may desire the more emotional image attributes in the products or brand (Kim et al., 2002).
Personal values have been found to be the underlying determinants of various aspects of
consumer attitude and behavior (Homer and Kahle, 1988). Thus, values are one of the most
important influential factors that affect the type of needs consumer tries to satisfy through
purchase and consumption behaviors (Tse et al., 1989).
48
his/her knowledge of the environment or ability to cope up with some aspects of this
environment (Park and Lessig, 1977) e.g., purchasing of product . The consumers is tend to
observe the purchase behavior of other consumers and to incorporate these observations while
making their own decisions in purchasing, is called consumer‘s propensity,which is to observe.It
consists direct observation of other consumers, and the indirect observation of other consumers
or both types. Direct observation is watching the actual purchase behavior of other consumers
(Price et al., 1989; and McGrath and Otnes, 1995) and indirect observation involves the analysis
of trace evidence of shopping behavior. An organization which embraces the marketing concept
tries to provide products that satisfy consumer needs through co-ordinatedsets of activities that
also allow the organization to achieve its goals.
49
RESEARCH METHODOLOGY
I have undertaken this study because the I wants to know the reasons to buy
different brands of soaps and particularly consumer opinion about
VENUSSoap, the factors affecting while purchasing a FMGC(FAST-
MOVINGCONSUMER GOODS)i.e., toilet soaps.
Research Methodology:
Descriptive Research:
The descriptive research was carried out using questionnaire was considered as
appropriate method.
This section explains how the data is collected i.e., from primary and
secondary sources. It explains what methods used for collection of data and
what the sample plan is. The preparation of this report involves several
phasesas follows.
50
Data collection:
1. Primary data.
2. Secondary data.
1. Primary Data:
51
Questionnaire Development:
Sampling Techniques:
Sampling Unit:
Since the study for perception of consumer were contracted while gathering the
information.
Sample Size:
2. Secondary Data:
The secondary data is collected from Company records. Many web sites.
52
OBJECTIVES
Objectives:
53
VALUES OF RESEARCH:
Research is not a substitute for creative, but research provides fact upon which
creativity can go to work. No research finding really tells the marketer
department exactly what to do. But what the finding do provide is information
that can be helpful in making a judgment or decision about the promotional
activities or to improve the image of the company or positioning of product.
―Results of research can some time be more helpful in indicating what not to
do than to do‖.
So research methodology is adopted to study the consumer behavior.
54
72
CHAPTER-IV
74
How much satisfied are you with the product you are using?
Neutral 32
Satisfied 58
Dissatisfied 10
Interpretation: people satisfaction level is 32% people go with natural and 58% Satisfied
but 10% people are not satisfied with our product.
75
Have you ever heard about the venus cream bar?
Yes 68
No 32
Interpretation: this graph for people heard about our product so people are go 68%
people are heard about our product but 32% people didn‟t heard anything of our product.
76
If you use venus cream bar which aroma of the bar you like the most?
Natural cream 53
White cream 22
Exotic cream 25
Interpretation: when people use our product then use which types of our cream bar so
people answer like this way 52% people go with natural cream and 34% people like using
exotic cream bar but 14% people like using white cream bar.
77
How much satisfied are you with the product?
Satisfied 60
Neutral 30
dissatisfied 10
Interpretation: this graph for peoples satisfaction level for our product venus cream bar.
Peoples go with 60% people satisfied and 30% natural but 10% people are not satisfied
with our product.
78
How familiar are you with the product?
I use it daily 58
Interpretation: 58% use it daily, 17% people generally aware of our product, 13% people
are purchase in couple of time but 12% people are not aware with our product.
79
Purchasing frequency of a product?
4 bars in a month 25
2 bars in a month 60
Rarely 15
Interpretation: 60% people buy 2 bars in a month, 25% 4 bars purchase in a month and
15% people purchase rarely our product.
80
Product price?
High 35
Medium 50
Low 15
Interpretation: our product user are 35 % people think out product price is high, 50%
think product price in medium and 15% people are think our product price lower than
other cream bars.
81
Availability of the product on the stores?
Easily available 85
Easily not available 10
Out of stock 5
Interpretation: 85% people think easily available and 10% easily not available and 5%
people think out of stock.
82
How attractive you find the packaging?
Very attractive 60
Not so attractive 5
attractive 35
Interpretation: 60% people think our product packaging is very attractive, 35% people
think the packaging is attractive and 5% people not attract our product packaging.
83
Is product is having any side effect?
Yes 90
No 10
Interpretation: 90% people think no side effect of our product but 10% people effect with
our product.
84
Is there a need for a celebrity to promote the product?
Yes 73
No 27
Interpretation: 75% people thinking our product promoted by the celebrity but 27%
people think our product no need for any celebrity promotion.
85
86
60% people think our product packaging is very attractive, 35% people think the
packaging is attractive and 5% people not attract our product packaging.
90% people think no side effect of our product but 10% people effect with our product.
75% people thinking our product promoted by the celebrity but 27% people think our
product no need for any celebrity promotion.
87
CHAPTER-V
88
FINDINGS
27% people use lux most prefer using soap and 23% venus, 15% pears, 20% dove, 10%
patanjali and 5% medimax people using soap in Kanpur.
People satisfaction level is 32% people go with natural and 58% Satisfied but 10%people
are not satisfied with our product.
This graph for people heard about our product so people are go 68% people are heard
about our product but 32% people didn‘t heard anything of our product.
When people use our product then use which types of our cream bar so people answer
like this way 52% people go with natural cream and 34% people like using exotic cream
bar but 14% people like using white cream bar.
This graph for peoples satisfaction level for our product venus cream bar. Peoples go
with 60% people satisfied and 30% natural but 10% people are not satisfied with our
product.
58% use it daily, 17% people generally aware of our product, 13% people are purchase
in couple of time but 12% people are not aware with our product.
60% people buy 2 bars in a month, 25% 4 bars purchase in a month and 15% people
purchase rarely our product.
Our product user are 35 % people think out product price is high, 50% think product
price in medium and 15% people are think our product price lower than other cream
bars.
85% people think easily available and 10% easily not available and 5% people think out
of stock.
89
SUGGESTIONS
The company has to give some discounts or offers at the time of special
occasions i.e., festivals.
Visual media is the best for VENUS Soap because most of the
respondents well aware of TV programs, Ads give along with special
programs in popular TV channels to increase the sales.
Most of the people suggested that they would like to see more attractive
package for VENUS Soap though the present packing is good quality.
Most of the people are satisfied with small sized VENUS Soap.
Try to reduce the price so that middle class can buy the soap.
This soap is suitable only in winter & makes skin oily during summer.
There are some areas where products supply is not good and retailers are
not getting proper supply with time because this is a convenience product
so they are switching towards its competitor.
Dealers should try to reach each shop and should try to provide the
product to retailer because if retailer buys the product from wholesaler
90
or from market then he doesn‘t get much margin on sale so he switches
towards its competitor.
There are some product like MR2 is not well known in the market .
Even so many retailers have never heard about it . So company should
advertise this product more . The same thing is also with Venus .
There are some areas where dealers are very lazy and they don‘t give
supply to retailers .
Dealers shouldn‘t focus only big retail shops because products are
convinence product so small retail shops are also very much important .
Company should start a help line No. where retailers can lodge their
complain and company should take quick actions on that.
91
92
CHAPTER-VII
93
LIMITATIONS:
The time period given for the study is 45 days. So the study is
undertaken only at Kanpur district, by keeping in view of time period
allotted.
94
ANNEXURE
95
CHAPTERVIII
96
CONCLUSION
Venus cream bar has a huge market to explore. It has to be available in all
retail stores for increasing its sale.
It can categorize itself under Hygienic bathing bar. It can make its image
under this category.
For the publicity of Venus posters should be posted in shops and market so
that more and more people can be aware of it.
97
BIBLIOGRAPHY
http://venussoap.com/
https://www.amazon.in/Ghadi-Venus-Natural-Cream-3x125g/dp/B07BDPHV7N
http://www.gharidetergent.com/financial_reports.html
http://www.gharidetergent.com/our_management.html
https://www.scribd.com/document/133539903/Project-Report-on-Marketing
https://en.wikipedia.org/wiki/Ghari_Detergent http://economictimes.indiatimes.com/industry/cons-
products/fmcg/rohit-surfactants- plans-to- take-hul-head-on-in-premium-category-aims-to-
replicate-ghari-magic-in-urban- landscape-with- uniwash/articleshow/19315195.cms
https://grofers.com/prn/venus-natural-creme-soap/prid/366329
https://www.bigbasket.com/pb/venus/bathing-bars-soaps/
https://paytmmall.com/venus-natural-cream-bar-125gx3-
CMPLXFASVENUS- NATURATBL49747D67E4D02-pdp
98
APPENDIX
Required
1. Email address :
4. Survey area :
6. How much satisfied are you with the product you are using?
Mark only one oval
Yes [ ] No [ ]
8. If you use Venus cream bar which aroma of the bar you like the most?
Mark only one oval
99
10. How familiar are you with the "Product".
Mark only one oval
Yes [ ] No [ ]
Yes [ ] No [ ]
100