MM Project
MM Project
MM Project
an online survey was also used as an additional means to further understand the consumer behavior. The consumers were asked to rate the attributes of biscuits such as taste, packaging, advertisement campaigns, brand and packaging.
Biscuit Preference
80 60 40 20 0 Taste Price Most Important Brand Important Advertisement Not Important Packaging
Neutral
Almost 80% of the respondents reported taste as the most important factor for opting for a particular biscuit. Surprisingly only 20% of the respondents consider price as the most important factor which influences their choice for a biscuit. Similarly approximately 20% respondent rate brand of a biscuit, advertisement campaigns and packaging as a factor which forces them to buy a biscuit. The implication of the above results is that when it comes to choose biscuit, taste influences the purchase decision of the consumer with regards to a brand of biscuit. Competition: To gauge the competition that Cadbury Oreo faces in the premium cookie segment, the consumer were asked to rate their preference for five brands of biscuits- bourbon, Dark Fantasy, Hide
and seek, Oreo and Cream treat. The increasing popularity of Cadbury Oreo was evident as it was second most preferred brand of biscuit with 23% choosing it as their first choice. This result is highly encouraging from Oreos point of view as it has occupied an important space in consumers mind in just 2 years of its launch in India. Moreover 45% people stated their wish for trying any new flavor of biscuit launched by Oreo. And the flavor most desired by consumers after the Vanilla and chocolate which are already in the market are orange (54%) and strawberry (26%). Almost 85% people report that they buy Oreo from general stores and the remaining buy from retail stores such as Reliance fresh, Big Bazaar and More etc.
Brand Popularity
Bourbon 25%
Bourbon Oreo
Cream Flavour
Orange
No, I won't
Buying locations
Local General Local General stores stores 82% Supermarkets like Big Bazaar etc.
The respondents were then asked to rate taste, packaging, Looks and advertisement campaigns of Oreo. The response indicate that while Oreo score very high on taste and looks, it does not fare that well on advertisement campaigns and packaging. With regards to taste, it is important to note that Oreo deliberately made the cream more cloying to cater to the Indian customers. And the manipulation has worked wonders with more and more people liking the taste of Vanilla and chocolate flavors.
Also Oreo has not made any changes in the theme of the advertisement campaigns it has been using in USA and other parts of the world. The implication is that Oreo must come up with advertisement campaigns which strike a chord with the Indian consumers.
Oreo Attributes
Packaging 14 50 34
Advertisement Campaigns
10
44
42
Looks
22
52
26
Taste 0
22 20 Best 40 Good
48 60 Okay Bad
26 80 100 120