Awareness Perception And Expectation By Farmers On Brand Hijack

36

description

Its study for insecticide India Ltd, done at Gobisettipalayam Taluk in Erode district

Transcript of Awareness Perception And Expectation By Farmers On Brand Hijack

Page 1: Awareness Perception And Expectation By Farmers On Brand Hijack
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• Insecticides (India) Private Limited was incorporated by Mr. Rajesh Aggarwal and his family in December 1996.

• Later in October 2001, it was converted into public limited company.

• Insecticides (India) Limited (IIL) did not carry any business from December 1996 till October 2001 and started commercial production in the March 2002

• Listed company in both BSE &NSE

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Global & Indian Consumption

Source: http://www.business-standard.com/pdf/rallis%20india-initiating%20coverage%20-%2020.07.09.pdf

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Cost comparison

Manual weeding/ha

Cost Herbicide Usage +Hand weeding

Cost

First weeding 25 DAP

15x 80 = 1200 Any one of pre-emergence herbicide

2x325=650

Second weeding 40 DAP

10 x 80 = 800 Hand weeding 10x80=800

Total= 2000 1450

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Gaining more Importance …

• Nearly 35% Average yield loss due to weeds.

• Labor shortage (6.8 %)

• Use of Herbicide saves cost

• Demand increases year by year

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Objectives

• To study the awareness of farmers about the product HIJACK

• To study the farmers perception on product HIJACK

• To find the Expectations of farmers

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• Sampling design : Purposive sampling

• Size : 30 respondents

• Area : Gobisettipalayam

• Data collection tool: Questionnaire

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Tools of analysis

Percentage analysis

• In mathematics, a percentage is a way of expressing a number

as a fraction of 100 (per cent meaning "per hundred")

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Classification based on Age

Sl. NoAge(in years)

No of farmers

Percentage

1. <30 4 13.33

2. 31 – 40 11 36.67

3. 41 - 50 13 43.33

4. > 50 2 6.67

Total = 30 100

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Classification based on Education

SI. No Educational level

No of farmers

Percentage

1. School 26 86.67

2. Graduate 2 6.67

3. Post graduate

- 0

4. Illiterate 2 6.67

Total = 30 100

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Classification based on Occupation

SI. No Occupation No of farmers

Percentage

1. Agriculture only

28 93.3

2. Agriculture + business

2 6.7

Total = 30 100

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Classification based on Farming Experience

SI. No Farming experience

No of farmers

percentage

1. <10 3 10

2. 11-20 11 36.67

3. 21-30 14 46.67

4. >30 2 6.67

Total = 30 100

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Classification based on Land holding

Sl. No Size of Land

Holding (in ac)

Number of

Farmers

Percentage

1. < 2.5 21 70.00

2. 2.51 – 5.0

7 23.33

3. 5.01 – 10

2 6.67

Total = 30 100

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Mode of purchase

Sl. No Mode of

Purchase

Number of

Farmers

Percentage

1. Cash 22 73.33

2. credit

2 6.67

3. Cash +Credit

6 20.00

Total= 30 100

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Awareness about the product HIJACK among Farmers

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Awareness about HIJACK

SI.NO Awareness No of Farmers Percentage

1. Aware 11 36.67

2. Not Aware 19 63.33

Total= 30 100

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Source of Information

SI. No Source of Information Number of Farmers

Percentage

1. Dealers 8 72.72

2. Peer group --- 0

3. Company Rep/Field Demo 2 18.18

4. Media/Advertisements 1 9.09

Total = 11 100

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Users of product HIJACK

SI. No Usage Number of Farmers

Percentage

1. Users 7 23.33

2. Non-Users 23 76.67

Total = 30 100

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Product identification By Farmers

SI. No Mode of identification Number of Farmers Percentage

1. Packaging material 2 28.57

2. Company Name -- 0

3. Trade Name 5 71.43

Total = 7 100

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RANK BASED QUOTIENT

• Formula

RBQ =

• Fi = Frequency of the farmers for the ith rank of the attribute

• N = Number of farmers contacted for factor identification

• n = The maximum number of ranks given for various factors.

• i = Rank of the attributes

• The factors with highest RBQ score will be ranked first and

hence considered the most important factor by the farmers.

(Fi) ×(n+1-i)

N × n×100∑

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Factors 1 2 3 4 5 6 7 8 9 Total

Dealers 0.71 0.25 - - - - - - - 96.00

Comp.Rep.guidance

- 0.25 0.55 - - - - - - 80.00

Good quality

- - - 0.095

- - - - - 0.90

Advertisement

0.28 0.38 0.13 - - - - - - 79.00

Friends guidance

- - - - 0.079 - - - - 0.79

Brand loyalty

- - - - - - - - - -

Ease availability

- - - - 0.16 - - - - 16.00

Low price - - - 0.19 - - - - - 19.00

Credit facility

- - - - - - - - - -

Rank

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Purchase influenced factors ranking

Factors Rank

Dealers 1

Company .Rep.guidance 2

Advertisement 3

Low price 4

Ease availability 5

Good quality 6

Friends guidance 7

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Factors 1 2 3 4 5 6 7 8 9 Total

Not aware 0.82 - - - - - - - - 82

High price - - - - - - - - - 0

Satisfied with presently using product

0.13 0.35 0.17 - - - - - 65

Not available locally

- 0.12 0.07 - 0.10 - - - - 29

Not available in time

- - 0.07 0.09 - - - - - 16

Ineffective - - - - - - - - - 0

Dealers rec . other product

- 0.43 0.4 - - - - - - 83

No credit facility 0.04 - - - - - - - - 4

Lack of guidance in Use

- - - - - - - - - 0

Rank

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Factors influencing ranked for non-purchase

Factors Rank

Dealer recommended other product

1

Not aware 2

Satisfied with presently using product

3

Not available locally 4

Not available in time 5

No credit facility 6

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Farmers Perception about the product

PERCEPTIONPerception is the process by which an individual selects, organizes and interprets information inputs to create a meaningful picture of the world. - Kotler (2005)

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Perception about the product

SI.NO Perception Number of farmers Percentage

1. Fair 2 28.6

2. Some what better 4 57.1

3. Same like others 1 14.3

4. Poor - -

Total = 7 100

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Perceptual Mapping Analysis

pric

e

low

Highlow

High

Credit facility

HIJACK

ATTRATAP

ROUNDUP

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Expectation of Farmers

EXPECTATIONCustomer

expectations are based on customers’ knowledge and experience.

- Levy and Weitz (2004)

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Expectation of Farmers

SI. No Expectation Number of farmers

Percentage

1 Making available in time 3 42.9

2 Reducing price comparatively 1 14.3

3 Educating the Dealers - 0.0

4 Reducing the toxicity 2 28.6

Total =

7 100

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FINDINGS& SUGGESTIONS

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Findings

• Dealers plays major role in Sales of particular brand

• Awareness about the product is considerably less

• Product performance from farmers opinion is fair

• Mostly large farmers only getting product on credit

• Product accessibility also plays major role

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Suggestions

• Product promotion by Credit facility to dealers and fixing

incentives to dealers

• Creating awareness about the product among farmers

through Field trails & demonstrations

• Increasing product accessibility by making available of

product timely in local dealers also

• Reduce toxic level to crops

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Reference

• Kotler Philip(2005),“Marketing Management”, Prentice –

Hall of India Pvt Ltd, New Delhi, p.13,19.

• http://www3.interscience.wiley.com/journal

• http://www.learnmarketing.net/perceptualmaps.htm

• http://www1.sapdesignguild.org/resources/optical_illusions/

intro_definition.htm