This document presents the results of a market research study on Colgate toothpaste users. It finds that 85% of respondents currently use Colgate toothpaste. The most popular variant is Colgate Sensitive Whitening, chosen by 48% of recent purchasers. Over a third of respondents buy Colgate 9-10 times in 6 months. Most consider in-store advertising, staff recommendations, and friends/family to be important information sources when purchasing Colgate. 70% were satisfied with Colgate's effectiveness. The majority, 86%, plan to purchase Colgate again in the future.
4. What is Market Research Applications?
•
Market research focuses on assessing the preferences and choices of consumers
and potential consumers.
•
The Market Research Application (MRA) is an intuitive point-and-click interface
that provides statistical and graphical techniques for market research data analysis.
•
Marketing research Applications include: Advertising testing research, branding
research, customer satisfaction research, pricing research, product positioning
research, new product assessments, marketing due diligence, and segmentation
research.
5. Need Research & Research PLC
Common answers
To understand my consumer, to see how my product is working in present market.
But, Research is conducted to help in reducing business risks & maintain or
increases profits.
Its other associated function is to monitor the effectiveness of the marketing plan.
Research PLC
Introductory Stage
Growth Stage
Maturity Stage
Decline Stage
6. Introduction Of Colgate
In 1806, William Colgate introduced starch, soap and candle factory on Dutch Street in New
York City under the name of "William Colgate & Company“
In 1857, William Colgate died and the company was reorganized as "Colgate & Company"
under the management of Samuel Colgate, his son
In 1873, the firm introduced its first toothpaste, an aromatic toothpaste sold in jars
His company sold the first toothpaste in a tube, Colgate Ribbon Dental Cream, in 1896
In 1928, Palmolive-Peet bought the Colgate Company to create the Colgate-Palmolive-Peet
Company.
In 1953 "Peet" was dropped from the title, leaving only "Colgate-Palmolive Company", the
current name.
Today Colgate has numerous subsidiary organizations spanning 200 countries, but it is
publicly listed in only two, the United States and India.
7. Awards & Achievements
•
Colgate has been ranked as India’s 1 Most Trusted Brand
across all categories for four consecutive years from 2003 to
2007
•
51% market share in the toothpaste segment.
•
48% market share in the toothpowder market.
•
30% share in the toothbrush market.
•
Presently it is facing competition from no. 2 player HUL. E.g.
Pepsodant
•
On 4Sept.2009,Colgate-Palmolive signed SRK as its Brand
ambassador.
9. Target Market:
•
Colgate is targeted at middle income and upper income families.
•
Colgate has had a consistent target market.
•
Colgate has never altered its target market segment.
•
Colgate was introduced in the semi urban and rural areas too.
10. Research on Colgate Users.
•
Basically the research was for the Colgate users.
•
Determining the Actual Users.
•
Determining how familiar it is in the market.
•
How often they use it and many more will study in our presentation.
•
We had prepare the Questionnaire for Colgate users.
11. Research Methodology
• Collection of Data
– Primary Data
• We have collected primary data
– Sample size-500
– Area- Mira-Road , Bhayander, Borivali
– Secondary Data
• From company’s website we have got relevant data
• We also used Wikipedia for industry overview
12. Question 1
•
Do you currently use any variation of colgate toothpaste ? (excluding Colgate
toothpaste for children)
Yes No
15%
A) Yes
B) No
85%
13. Question 2
•
Have you ever previously purchased Colgate toothpaste? (excluding Colgate
toothpaste for children)
Yes
A) Yes
No
B) No
4%
96%
14. Question 3
•
Which Brand of Colgate toothpaste did you most recently purchase?
A) Colgate Sensitive
Colgate Sensitive
Colgate Sensitive pro- relief
B) Colgate Sensitive Pro-Relief
Colgate Sensitive Whitening
C) Colgate Sensitive Whitening
28%
24%
48%
15. Question 4
•
How many times have you purchased Colgate in the last six months ?
A) 1-2
1 to 2
3 to 4
5 to 6
7 to 8
9 to 10
2%
B) 3-4
6%
10%
C) 5-6
D) 7-8
18%
25%
E) 9-10
F) 11+
39%
11 +
16. Question 5
•
Please rate the following sources of information in terms of importance when
purchasing Colgate toothpaste?
(A)
Not Imp.
A) In-store Advertising
B) Advertisements seen outside shops
C) Memories
D) Staff
E) Friend or Family
(B)
Somewhat Imp.
(C)
Important
In store Advtg.
Advtg. Seen outside shops
Memories
Staff
Friend & Family
20%
26%
10%
10%
34%
17. Question 6
•
How satisfied were you in terms of product effectiveness the last time you used
Colgate toothpaste
?
(A)
Dissatisfied
Please select the level of satisfaction
Dissatisfied
Not Sure
(C)
Satisfied
Sure
Satisfied
0%
10%
20%
70%
(B)
Not
Very Satisfied
(D)
Very
Satisfied
18. Question 7
•
Do you plan to purchase Colgate toothpaste in the future?
(A) Yes
(B) No
Yes
2%
No
Maybe
12%
(C) May be
86%
19. Question 8
•
When do you feel the need to purchase toothpaste?
(A) When it runs out
(B) When it is on offer or the price has been reduced
(C) When a dentist or other professional recommends a particular toothpaste to
you
(D) When someone recommends a particular toothpaste to you
A
B
C
D
10%
26%
50%
14%
20. Question 9
•
On average how long do you spend making a decision on your toothpaste
purchase?
A
B
C
D
E
F
2% 1% 0%
(A) Up to a minute
(B) Over a minute to 2minutes
12%
(C) Over a 2minute to 3minutes
(D) Over a 3minute to 4minutes
(E) Over a 4minute to 5minutes
(F) Over a 5minute to 6minutes
27%
58%
21. Question 10
•
What kind of offers would most likely make you purchase another brand of
toothpaste?
A
(A) Buy 1 get 1 free or 3 for 2
B
C
D
E
(B) Loyalty Points
24%
(C) Price Reduction
(D) Coupons
(E) None of the above
6%
58%
10%
2%
22. Question 11
•
How often do you brush your teeth?
(A) Not at all
A
B
C
D
0%
(B) Once a Day
14%
30%
(C) Twice a Day
(D) More than three times a Day
56%
23. Analyze
•
Huge number of people buy Colgate because the Colgate has created an brand
image in the consumers mind.
•
24% of people buy Colgate Sensitive because this toothpaste gives them an instant
relief from the problem of sensitive teeth.
•
48 % of people buy Colgate Sensitive Pro-Relief because this toothpaste give them
instant long-lasting relief to enamel.
•
28% of people buy Colgate Sensitive Whitening because this toothpaste helps
them to removes stains & restore natural whiteness of teeth.
24. Contd..
•
We have also came to know that how low frequency of the consumers to buy the
Colgate toothpaste because they prefer to buy the family pack which is cost
effective for them and also offers too.
•
Consumers who purchase this product they feel that if the advertising is done in
stores & Outside Shops makes the clients to buy.
•
Almost 70% of the consumers were very much satisfied with the product & 20%
were Satisfied and 10% were still confused due to multiple brands.
•
86% of consumers will buy the product in future & 12% were saying may be.
•
Through this analyzing and interpretations we came to know the Colgate Brand
Image , Colgate Brand personality & Colgate Equity and Colgate Loyalty too.
25. RECOMMENDATION
•
Colgate should hire celebrities for the advertisement
•
They should also increase the volume of their CSR activities because they have a
very good image in the market.
•
Target market should be clearly emphasized in advertisement.
•
Colgate should emphasize on Digital Branding i.e. online purchase.