Chapter I: Introduction
Chapter I: Introduction
Chapter I: Introduction
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1.1 About the company:
Patanjali Ayurveda was formed in January 2006 as a private limited company by yoga guru
Ramdev and his partner Sri Acharya Balakrishna. In June 2007, it was converted to a Public
Ltd. Company. It is registered under the Companies Act, 1956 and has its registered office in
Bijwasan, New Delhi and three other offices in Haridwar. The company was started with the
vision of uplifting the life of Indian farmers by locally sourcing the raw materials from them
and making their lives better while at the same time provide an opportunity to the Indian
masses to move towards healthy lifestyle by promoting Ayurveda and herbal products. Baba
Ramdev started off as a yoga trainer who featured in televised programs in Aastha and
Sanskaar channels and made Indians realize that they have forgotten Indian tradition and art
forms- one of them being yoga. He got wide acceptance and word of mouth publicity helped
him reach to a wider audience. He projected Yoga as a panacea to all the health problems. In
its first year of operations, 2008, Patanjali generated a revenue of over 60 crores.1 Almost 10
years later, the homegrown venture has grown to be a 5000 crore company and is posing a
threat to the well established companies in the FMCG domain. Patanjali Ayurveda has limited
advertising expenses, which gives it enough leeway to pass on the savings from lower ad
spends by way of lower prices. The company advertises in a limited way – news tickers,
regional newspapers, some digital advertising, etc., though going ahead it might start other
forms of advertising too. Patanjali has adopted the unique information-based advertising. For
instance, the company highlights the positives of cow’s ghee, which automatically helps sale
of Patanjali Ghee. In the recent past, the company’s print advertising has seen a marked
increase.
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Patanjali has a wide range of products with the theme of Ayurvedic/herbal being common
across all categories. It has four business divisions: food and beverages, cosmetics and health,
health drinks and home care. The highest revenue grossing products are Patanjali cow ghee,
Dant Kanti, Kesh Kanti, Patanjali Atta noodles and Patanjali Aloe Vera juice and gel. The
customer base of Patanjali is ridiculously huge and with each passing day, it is growing
bigger. A major ramp-up came when Patanjali was relaunched by Baba Ramdev in 2014.
After that it has not looked back. The company is finding it difficult to cater to the demand of
all the customers. It has increased its distribution channels and expanded its reach multifold
from the point when it started. Production has also increased, and it has now over 450
The Board of Directors is formed of three founding people. Swami Acharya Balakrishna is
serving as the Managing Director of the company. Two other members Swami Muktanandji
and Sri Ajay Kumar Arya are also holding positions as the Directors of the company. Swami
Ramdev do not hold any position or stake in the company but does act as the Ambassador for
the entire Patanjali brand. The operations department is headed by Ramdev’s brother Ram
Bharat. Everyone else from the finance, logistics and other teams report to him He is the
informal CEO, but designations are not very formalized within Patanjali. Patanjali has over
200,000 employees in total. They hire streetsmart people and do not look for MBA graduates
only. This helps them to keep costs down while also delivering unprecedented growth.
1.4 Production
Patanjali Food and Herbal Park at Haridwar is the main production facility operated by
Patanjali Ayurveda. The company has a production capacity of ₹350 billion (US$5.4 billion)
and is in the process of expanding to a capacity of ₹600 billion (US$9.2 billion) through its
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new production units at several places, including Noida, Nagpur, and Indore. The company
plans to establish further units in India and in Nepal. In 2016, the Patanjali Food and Herbal
Park was given a full-time security cover of 35-armed Central Industrial Security Force
(CISF) commandos. The park will be the eighth private institute in India to be guarded by
CISF paramilitary forces. Baba Ramdev is himself a "Z" category protection of central
paramilitary forces.
Consumer Perception refers to how customer perceives a certain product on their own
conclusions. The success or failure of the business to a great extent is influenced by consumer
perception. It is based on their actual experience obtained from the use of certain goods or
services. The price, quality and image of the manufacturer are the other factors which
Fast Moving Consumer Goods segment is the fourth largest and fastest developing sector in
the Indian economy. FMCG are products that are sold quickly, it has less shelf life and
relatively low cost. Products in this category include all consumables people buy at regular
intervals they are soaps, detergents, shampoos, cosmetics, toothpaste, soft drinks, processed
foods, batteries, bulbs, pharmaceuticals, plastic goods and many other consumer nondurables.
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Consumer Perception is the procedure through which the people organize and understand
their sensory impersonation through noise. sight, smell, taste, etc. to give sense to their
surroundings.
Internal Factors:
1. Needs: Perception is based on their own needs and requirements of the consumers.
4. Past Experience: A person's past experience mould the way he perceives the situation.
External factors:
1. Superior Perceived Quality The perceived quality of most Patanjali products that are
driving the growth of business (namely - ghee, chavanprash, toothpaste and shampoo) is
considered superior by the consumers. It’s the classic trial-conversion model - once the
consumer tries these products (either on recommendation or by self), most of them get glued
to these products.
2. Price Advantage: Indian market has traditionally been price sensitive - be it FMCG,
automobiles, realty or any other sector. Patanjali products provide the price leadership with
great perceived quality and thus present themselves as a winning combination where
consumer gets a product with high perceived quality at a lesser price than the competition.
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3. Brand Truthfulness So far, when a consumer used to buy a so called "Herbal" product, say
a shampoo - he would discover it to be a cocktail of chemicals like Silica and Sodium Lauryl
Sulphate (SLS) to which a natural extract like neem or henna would be added. In contrast,
Patanjali shampoo ingredient list is 99% herbs including well known Indian herbs like Reetha
and Shikakai which are a part of traditional wisdom for haircare in India. This leads the
4. Strong Distribution Network With thousands of dedicated retails shops across India – even
in the small towns – Patanjali bridges the gap between the intention to buy and actual buying
process. Most of the retailers are locals and die hard Patanjali product fans. Maximum
conversion for Patanjali product portfolio happens at the retail when a consumer approaches
to buy a product but is sold other products as well with conviction by the retailer. This
5. Trusted Brand Ambassador: In Baba Ramdev, Patanjali has got a strong brand ambassador.
He is credited with bringing Yoga to the forefront in India in last decade or so with the Yoga
camps and TV channels like Aastha. Thus, he has got his own faithful admirers / supporters
across the country, many of which were the early consumers/ distributers/ retailers /
promoters of Patanjali products. Add to this the feelings of Swadeshi/ Nationalism and you
6. Brand Trust: Last but most importantly – with all the factors listed above, Patanjali
consumers have developed an unshakable faith in the products that they are using. Trust in
the brand has been developed over a period with positive experiences with the products. This
trust has converted many of Patanjali consumers to brand evangelists. The word of mouth of
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1. Too many surveys, so little time: Your customers are bombarded with online surveys.
Surveys may be simple to complete; however, some people simply do not like to complete
them. Sending surveys too often can irritate customers and lead to customer burnout.
Customer burnout can result in low response rates or result in lower satisfaction scores,
2. Privacy Issues: We live in a high-tech environment filled with daily doses of unwanted
junk email, email solicitations, and sales calls. When taking an online survey or a phone
survey (or any type of survey), it is hard for your customers to believe that they aren’t being
tracked. Because of insecurities of releasing private information, customers today are hesitant
in giving out information that may lead to more junk email and unwanted calls. Make certain
to assure customers that the information they provide in response to your customer
satisfaction surveys will not be used. Without this disclaimer, it may be difficult to receive a
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Chapter – II
Review of Literature
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2.1 Literature Review
1. Anupriya (2017) studied the brand perception, brand preference and satisfaction level
of consumers of „Patanjali‟ products. It was revealed that there is high awareness and
satisfaction level with the quality and price of the products and the ability to cure the
problem. It is found that most of the customers are aware of the product through
It is suggested that Patanjali must fulfill the claims made by the company. It is
concluded that Patanjali products are easily available, cost effective, well accepted by
customers and have no side effects. It is concluded that all the customers are aware of
the product, and the customers are satisfied with the quality and price of the products.
Reasonable price and ability of the product to cure the problem leads to higher
2. Sekar and Ramya (2017) studied the sources of awareness, satisfaction level and
factors influencing the consumer to use the Himalaya Ayurvedic products. It was
revealed that majority of the respondents got the awareness through media, followed
by awareness through friends and relatives. The personal factors like age, gender,
monthly income, and educational qualification has no significant relationship with the
reasons for selecting the Himalaya Ayurvedic products. Marital status and
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occupational status has a significant relationship with the reasons for selecting the
Himalaya Ayurvedic products. The personal factor of the respondents like marital
status and occupational status has a significant relationship with the reasons for
selecting the Himalaya Ayurvedic products. Majority of the respondent are satisfied
and are willing to purchase Himalaya. It was suggested to reduce the price and sample
or trial packs can be given to create awareness. Participation in exhibitions and trade
fairs attract more consumers. Firm should try to cover small towns and villages. The
company has got good name and same for its quality and innovative products to
satisfy the current demand for their customer. And people have a positive opinion and
3. Kumar S Sajitha [2016] highlight the success of Patanjali as an organization with the
range of products both in Medicine and FMCG domain and how it has contributed to
and touched the lives of common person through its sprawling business ventures &
the commitment it makes to benefit the stakeholders of the community. The trust is
largely run by Sadhus unlike the professional CEO’s inc orporates and as a succession
4. Adat Nafisa (2013) studied customer satisfaction, service quality and evaluated
chain in greater Durban area. The results show that customers‟ expectations exceeded
their perceptions on the five service quality dimensions viz. tangibles, reliability,
responsiveness, assurance and empathy. The study shows that overall there is a high
level of customer satisfaction across all four stores of the pharmacy chain and these
results are very positive. Providing prompt service, training of employees, enhancing
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employees and convenient business hours are important to the customer. It was
concluded that Pharmacy chain customers are satisfied with service quality dimension
of tangibles and pharmacy chain has managed to achieve the service quality
and empathy. Study reveals that people have confidence in staff and feel that they
5. Chauhan and Mittal (2017) studied the impact of brand image of Baba Ram Dev on
the consumer‟s perception to buy Patanjali Products and also the satisfaction level of
Patanjali products. Majority of the respondents connect the positive image of Patanjali
with Baba Ram Dev; at the same time some religions also don‟t buy the products
because of Ram Dev‟s name. Personal care products are more preferred by consumers
followed by Food items. Majority of the people are satisfied with the pricing strategy
of Patanjali products. They feel that the products are worth to money. It is concluded
that a large portion of the user is satisfied from Patanjali products and satisfaction
6. Patel Vishal et.al [2011] in line with guidelines of WHO for manufacture quality and
standardization Author presents the various facets of the methods of different aspects
medicine to have respected place in contemporary health care system then the quality
image and post purchase behavior in FMCG products in different categories and
specifically towards Patanjali products. It was found that people are using few items
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of Patanjali in food & beverage and home care segment. Customers purchase products
based on brand name. Taste is the main decision-making factor followed by health,
quality, price and brand loyalty. Baba Ramdev‟s Image, Herbal products, domestic
company, packaging, advertising, and availability all the factors have a very positive
effect on the brand. It was concluded that loyalty towards the brand does not depend
on price and advertising but depends on quality. Similarly health and advertising has
low correlation. Domestic product (swadeshi) and quality has a very high correlation
value. It was suggested to put efforts to create brand loyalty and improve packaging.
The study finds positive opinion from the users of Patanjali‟s products, apart from
advertising strategy is also very aggressive. The result established the fact that people
are accepting Patanjalis‟ products because of its herbal nature, good quality and
8. Surinder (2015): In his study “Consumer perception towards the FMCG in rural
market” tells about the rural customers are mainly influenced by media, print
advertisement and word of mouth. It plays a significant role in the buying decision of
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Chapter – III
Research Methodology
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3.1 Objectives
This project helps us to find out what are the main factors affects the consumer while making
purchase of Patanjali products.
The objectives of the study are: -
To know customer’s thought and perception about Patanjali products.
To know the factors which affect the decision-making process of customers while
buying the Patanjali products.
To know various types of Patanjali product preferred by customers.
methodology is the process used to collect information and data for the purpose of
interviews, surveys, and other research techniques, and could include both present and
historical information.
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2. Problem Statement Consumers are the masters of their money and they have an
enormous influence on the economic market change because they possess the ability
decision. Consumers are influenced by their attitude towards the product and therefore
marketers need to implement their strategies and tactics frequently in order to achieve
more consumers. Satisfaction and accurate target in finding out what customers are
aware and their buying preferences and there by offering products according to this
need will help the industry stake holders to enrich their customer experience and
accelerate growth of the market. The process that turns marketing plans into
but most of the markets are still challenged by their marketing. Hence this research
aims to explore the consumer’s perception and buying preferences towards selected
Patanjali products and therefore, become satisfied and developing loyalty with the
product.
H2: Purchasing of Patanjali products mainly because of the Swadeshi brand, quality
Hypothesis3: It is expected that consumers of Patanjali products are not only satisfied
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H3: Customers of Patanjali Brand are delighted
4. Data Collection Method We have use two methods for data collection one is primary
and another one is secondary form of data. The primary data is collected from people
who are using Patanjali products who are living in Vadodara. Further, each respondent
Chapter – IV
1. Age
From the above graph, we get to know that out of 100 respondents, 75% of the population are
under the age group of 20– 25 years, 14% of the population are within the age of 25 -25
years, 7% of the population are in the age group of 15 - 20 and 4% of the population are in
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the age group of above 35 years. So, from this we can say that age group of 20 – 25 years are
2. Gender
Above graph shows us that out of 100 respondents in Vadodara, who are aware and uses
Patanjali products in their daily life while considering the gender as the main factor, then
38% are female as compared to 62% of male. So, from these male users are more dominated
3. Qualification
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The Education wise study reveals about the respondents that, 63% are Postgraduates, 26% are
Graduates, 7% are just HSC pass and 4% are others. So, it shows that educational
qualifications of the respondents have a significant influence or role towards the awareness of
the Patanjali products in the market. Those who are having good qualification can easily
understand what kinds of product are sold in the market as well as they will have good
4. Material status
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Above graph show us the marital status of the people who are living in the Vadodara. From
100 respondents we have 13% of the respondents are married people and 87% Unmarried
people who are using Patanjali products. So, from this we can say that unmarried people buy
From the above figure we can say that 96% of the people who are living in the Vadodara
district is aware about the Patanjali products which are available and sell in the market
whereas 4% people are not aware about Patanjali products. So, from this we can say that
people who are living in Vadodara are having good knowledge regarding Patanjali products
and the also familiar with the different types of products which are sold in the market.
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Above graph tells us that from 100 respondents, 90% people have used Patanjali products
from the market and moreover 10% have not used any Patanjali products which are available
in the market. So, from this we can say that majority of the people are aware as well as using
Above graph tells us that from 100 respondents, 50% of the respondents agrees that that
Patanjali offers a large variety of products, 31% of the respondents strongly agrees that that
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Patanjali offers variety of products whereas 17% of the respondents are neutral towards the
variety of products which are sold in the market. So, from this we can say that people who are
living in the Vadodara feels and believe that Patanjali provides large and different types of
From the above figure we got to know that, from 100 respondents 47% of the respondents
agree that Patanjali products are of high quality, 12% of the respondents strongly agree that
Patanjali products provide high quality product and 31% of the respondents are neutral
towards the high quality of Patanjali products, whereas 8% of the respondents are disagree
with the quality of the Patanjali products which are available in the market. So, from this we
can Patanjali provide us good quality and quantity of product to the customer as compare to
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Above figure show us that, 45% of the respondents agree that price of the Patanjali product is
fair in the market, 14% strongly agrees to the price whereas 27% of the respondents feels that
price is moderate moreover 13% of the respondents feels that price is not fair to them. So,
from this we can say that the prices which are set for the Patanjali products are fair which can
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From the above figure we can say that 44% of the respondents agree that Patanjali products
appeal that packaging, 41% of the respondents feels that the packaging seems to be neutral as
the market standards whereas 10% of the respondents strongly agree that packaging of
Patanjali products is very much attractive and moreover 5% of the respondents feels that
Patanjali packaging is not having that standards which a brand should use. So, from this we
can that people who are using Patanjali products have attractive packaging and it attract
Above figure shows that, 43% of the respondents agree that Patanjali products have natural
ingredients in their products, 14% of the respondents strongly agree that Patanjali products
have natural ingredients in their products whereas 29% of the respondents feels that they have
moderate natural ingredients in their products moreover 13% of the respondents do not feel
like Patanjali products content natural ingredients. So, from this we can say that Patanjali
products are made of natural ingredients which are good for the health and because of that it
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12.Do you agree that you are Satisfied with Patanjali Products?
Above figure shows that, 43% of the respondents are satisfied with the Patanjali products
which are available in the market, 33% of the respondents are having moderate feeling with
the Patanjali products which are there in the market whereas 10% of the respondents are not
satisfied with the Patanjali products which are available in the market. So, from this we can
say that Patanjali provides good quality products at very reasonable price through which
people are satisfied by their products which are available in the market.
13.Have you Faced any problem while using the Patanjali products?
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Above figure shows that 86% of the respondents do not face any problem while using
Patanjali products whereas 14% of the respondents faced problem while using Patanjali
products basically unviability of products in the market and in their retail stores. So, from this
we can say that people who are living in Vadodara district hardly faced any problem while
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From the above figure we can say that 37% of the respondents feels like Patanjali products
are chemical free, 34% of the respondents feels like the products are made of chemical as
well as natural ingredients, 13% of the respondents feels like Patanjali products are chemical
free, 11% of the respondents feels like Patanjali products are having natural ingredients and
are made up of Ayurveda medicine. So, from this we can say that people who are living in
Vadodara feels like Patanjali products uses chemicals and they have very less amount of
15.. Do you agree that Patanjali products have made a Good Brand
Image?
Above figure shows that, 52.5% of the respondents agree that Patanjali products have a good
brand image in the minds of customers as well as in the market too whereas 20% of the
respondents strongly agree that Patanjali products have good brand image moreover 15%
feels like they have moderate brand image in the market, 8% feels like Patanjali products are
not having good brand image. So, from this we can say that Patanjali has a good market share
in the market because of that he has created a good brand image in the market as compare to
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16.. Please indicate the reason why you prefer Patanjali Products.
Above figure shows that, 39% of the respondents prefer Patanjali products because it is easily
affordable to customer who are willing to buy the products, 29% of the respondents prefer
Patanjali products because it is clean and safe as compare to the products which are available
in the market and moreover 19% of the respondents prefer Patanjali products because of ease
of buying because it is at each and every store as well as departmental store too.
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Above figure shows that, 57% of the respondents came to know about Patanjali product
through promotional strategy i.e., from advertisement, Events, and publicity, 15% of the
respondents came to know about Patanjali product through recommendation whereas 27% of
the respondents came to know about Patanjali products through self-exploration. So, from
this we can say that people came to know about products through advertisement which has
18.What are the Factors and attributes consumer keep in mind while
From the Above figure we can say that the factors which consumer keeps in the mind while
buying Patanjali products is that whether the products is available online or not and secondly
are they are available in the retail store too. Moreover, consumer also see that whether
products are made up of natural ingredients or not and are Ayurveda or not and whether the
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Chapter – V
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5.1 Conclusion
Patanjali has given a tough competition to many marketers with its different types of products
and unconventional ways of marketing. The Findings in the study shows that there are many
significant factors that together make up the buying decision of the product. Customers
perception towards a brand is built largely on the satisfactory value the user receives after
paying for the product and the benefits the user looks for. In the above study, a large portion
of the user is satisfied from Patanjali products. It may be because of reasonable price of the
product. It may be due to ability of the product to cure the problem. The satisfaction brings in
the retention of customer. Patanjali is enjoying the advantageous position in market through
spirituality element involved in its products. However, it should not ignore the competitors
like Himalaya, Nestle, Dabur. Patanjali to retain more customers and satisfy them must fulfil
the claims made by the company before any other brand may mushroom up and take away
the benefits of marketing through spirituality. A point to note is that many people are buying
Patanjali products due to the good experience and their unique products which are easily
available in the market through that people are attached to the products. Hence, Patanjali
(unlike its competitors) is attracting brand-loyal customers and not price-sensitive customers.
FINDINGS:
• Out of 100 respondents, dominant portion i.e., nearly 75% of the users age between 2535
years.
• Looking at the gender distribution, 62% of the users taken under study are males who can
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• Over 96% of the people have used and aware about the Patanjali Products.
• 90% people have used Patanjali products which are available in the market.
• 53% people agree that Patanjali has a good brand image in the market n in customer mind
too.
• 39% people feel that Patanjali is affordable and easy to buy so that people prefer to buy
• 57% of the people came to know about Patanjali through advertisements 15% on
• Hygienic and ease of availability is being kept in mind while buying products from market.
SUGGESTIONS:
• To make a successful product, Patanjali marketing strategy should attract long term
consumers.
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• Most of the Patanjali consumer are facing problem like; products are not available in the
market regularly.
• They must focus back on product efficacy. Rising above the noise of advertising.
• So Patanjali Ayurveda should increase their productivity and make sure that there will be
The information obtained from the consumer based on questionnaire was assumed to
be factual.
Since the survey is based on sampling method it does not disclose the charter of entire
customer.
Products unavailability for the consumer in the market is one of the biggest limitation
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Bibliography
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REFRENCES:
https://www.patanjaliayurved.net/
https://en.wikipedia.org/wiki/Patanjali_Ayurved
https://www.slideshare.net/trishalagautam/patanjali-research
http://www.news.kenresearch.com/post/147442303438/company-profile-of-patanjaliayurved-
limitednew
http://www.patanjaliresearchfoundation.com/cgi-sys/suspendedpage.cgi
https://www.linkedin.com/pulse/6-reasons-why-patanjali-products-loved-consumersprashant-
mishra/
https://www.kbmanage.com/concept/marketing-management
http://www.divaportal.org/smash/get/diva2:1064751/FULLTEXT01.pdf
https://www.investopedia.com/terms/s/sampling.asp
https://research-methodology.net/sampling-in-primary-data-collection/conveniencesampling/
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Appendix
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QUESTIONNAIRE
PRODUCTS
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