Marketing Research Guided By: Prof. Abhishek Mishra Group 02 - BCDE

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Marketing Research

Guided By: Prof. Abhishek Mishra


Group 02 | BCDE
INTRODUCTION
Objective: To study the buying behavior of
consumers towards air filled potato chips packet.

Problem Statement:Should Lays change the


packaging/ marketing campaign to counter the
negative brand perception/social media image of too
much air in the packet?
INSIGHTS FROM LAY’S
Lay’s Company has ~50% market
For those who are quite health-conscious,
share in the Indian potato chips a baked version with 50% less fat was
business. It has become everyone’s also introduced. Furthermore, Lay’s also
favorite irrespective of age. planned to crowdsource its flavors or vote
for the most desirable/favorite flavor which
the Company should introduce in the
market.

The reason it was able to establish a strong foothold in the Indian Market
was due to its diversity and adaptation strategy. It was able to adjust itself
in the Indian market based on the geographical locations and the citizen’s
taste buds—one of the most iconic flavors of it being Magic Masala
(literally means Magic Spice).
COMPETITORS
Before being launched in India in 1995, Uncle Chips ruled
almost every Indian’s heart. However, in only five years, Lay’s
was established as the primary competitor of ‘Uncle Chips’ and
went on to become the largest chips company in the Indian
Market.
● There are total 200 flavors of Lay’s all over the
world
● There have been several competitions held by
Lay’s where it would reward $1 million to
anyone who would come up with an interesting
or a unique flavor.
● It is one of the first snacks which was
advertised on Television back in 1944 and has
been one of the most famous salty snacks for
75 years.
● Some of the most unique flavors are
Cappuccino, vegetable soup, and Beer n
Brats.
While a Rs 10 pack of Lays or Bingo has around 13 grams of chips in
it, a Rs 10 pack of Balaji contains 20 grams chips.
MRP
01 02
To examine the To examine the
factors that people
consumption 01 consider in the
pattern of lays and
packaging of a fried
chips consumer.
02 chips?

03 04
To measure the
To ascertain the
brand loyalty of Lays 03
customer and their important factors in
perception. choosing a chips packet
and quantify the relative
importance

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