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VOLUME 1
ISSUE 22
(APRIL 2014)
AARJSH
ASIAN ACADEMIC RESEARCH
JOURNALOFSOCIAL
SCIENCE&HUMANITIES
A STUDY ON CUSTOMER PERCEPTION OF VARIOUS OIL
MARKETING COMPANIES
DR S. JOHN MANO RAJ*
*Assistant Professor (Marketing), Indian Institute of Plantation Management,
(An Autonomous Organization Promoted by Ministry of Commerce and Industry, Govt. of India)
Jnana Bharati Campus, Bangalore - 56 Karnataka.
Abstract
The retail petroleum sector is going through turbulent transformation due to the entry of
private players into the market. By the government policy of oil industry deregulation,
petroleum marketing was deregulated from April 1,2002. Private players started setting up a
string of retail outlets across India. The competitive threat is growing bigger. Competition
and customer bargaining power are also increasing progressively due to variations in
customer taste, preferences and increase in their purchasing power. The changing
environment demands Hindustan Petroleum Corporation Limited (HPCL) for fresh thinking
and a re-look at the strategy to gain the cutting edge in retail petroleum sector. Primary data
regarding positioning of HPCL vis--vis the other players was collected by survey method.
Secondary data were also collected to study the company profile etc. For this survey, the data
collection instrument used was a structured questionnaire. The population includes all those
who use petrol and diesel for two wheelers, three wheelers, cars, light commercial vehicles,
trucks and buses in South Tamilnadu. Stratified random sampling was applied and 150
samples were collected. A perceptual map has been used to find out the positioning of HPCL
vis--vis the other players in retail marketing. This study would enable HPCL to explore
opportunities early and exploit them forcefully.
Key Words: Perception, Perceptual mapping, Petroleum Retailing, Retail.
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