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Product: Big Boss


Company: Partex Beverage Ltd.
Identifying the reasons of declining sales and ways to
increase the market share of Big Boss

Prepared for
Mr. Samy Ahmed
Lecturer, School of Business
North South University

Prepared by
Muntasir Ahmed Zaman

061 461 030

Md. Nazam Al Deen

063 365 030

Meftahul Islam

072 306 030

ATM Muntasirul Alam

083 496 030

Hasibun Shuhad

091 0628 030

Md. Tanjir Masud

091 0997 030

Date of submission
April 16, 2012
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April 16, 2012

Mr. Samy Ahmed


Lecturer, School of Business
North South University
Dhaka
Sub: Submission of the marketing research report on Identifying the reasons
of declining sales and ways to increase the market share
Dear Sir,
I am enormous delight to submit you the marketing research report
Identifying the reasons of declining sales and ways to increase the market
share which was assigned to me for the academic requirements of BBA
program of North South University, Bangladesh. The sole aim of this program
is to develop my personal and practical knowledge, which adds to the
theoretical part of my study. Thus enabling me to move one- step further to
face the challenges professionally in the job of marketing.
I would like to express my earnest gratitude and admiration to you for your
continuous guidance, advice, suggestion and wholehearted cooperation
during this tenure that played in vital role in making this report to success.
Sincerely yours,
Muntasir Ahmed Zaman

061 432 030

Md. Nazam Al Deen

063 365 030

Meftahul Islam

072 306 030

ATM Muntasirul Alam

083 496 030

Hasibun Shuhad

091 0628 030

Md. Tanjir Masud

091 0997 030

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Acknowledgement

There are some people stay behind others and play the role of
backstage by inspiring, providing support and help in different ways to the
maxim of their ability which provided the impetus of my study. First I would
like to thank Allah and then those people help others.
I would like to give thanks to our honorable teacher Mr. Samy Ahmed
who managed valuable time for the busy period and guided me on data
collection, data analysis and report arrangement and provided helpful
guiding opinion at whatever time I asked. I would like to express my
indebtedness to Md. Nahid Yousuf, Brand Manager of Partex Beverage Ltd.
who gives all types of support to allow me to complete my report work.

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Table of Contents
1. Executive Summary
2. Introduction

05
06

a. Partex Beverage Ltd: at a glance


07

3. Objective
4. Significance of the study
17
5. Methodology
6. Research Results

17
17
19

a. Frequency Analysis
6.2 Analysis of ANOVA
6.3 Cross Tabulation Analysis
6.4 Regression Model
6.5 Factor Analysis

19
34
41
48
56

7. Recommendation

65

8. Limitations of the study


65
9. Conclusion

66

10.

Bibliography

67

11.

Appendix

68

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1. Executive Summary

Energy drink is a new version of soft drinks in our market. In midst of


carbonated beverage energy drink is trying to explore a new world of taste,
flavor & feelings. In our country energy drinks market is new one but very
potential. Now the market value of this market is around Tk. 100 cror &
increasing day by day. So undoubtedly its a great opportunity for a soft
drinks marketer to enter the market and gain market share & profit. Partex
Beverage Limited a leading soft drinks producer, launched a new brand of
energy drinks (BIG BOSS) in our market. We, as a marketing research team
tried to analyze the existing situation of energy drinks market. Besides, we
also tried to find out potentiality of developing BIG BOSS in this market and
future potential of it. Analyzing all these marketers we have come to a
conclusion that there is a great opportunity for Partex Beverage Ltd. to
develop a new brand of energy drinks. After analyzing the overall situation
we found out that there are several reasons why the sales of BIG BOSS went
down and suggested several ways to implement that might work to capture
more market share.

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2. Introduction

To quench thirst we people were used to drink water. But now to keep
pace with the time we drink carbonated water which called soft drinks e.g.
Coca-Cola, Pepsi, RC Cola, 7-up, Sprite etc. Taking soft drinks is also as
fashion or part of leading modern life. Changing time inspires the markets to
develop new product to adapt meet the customers new demand. For this
ongoing innovation the substitute of water is soft drink and the newer one is
energy drink.
Energy drink is the demand of time. Todays consumers are eager to
enjoy different taste & flavor. Consumers become monotonous taking
traditional soft drinks some taste, same flavor that is ways they are looking
for different taste, different feelings. And the solution is the energy drink.
In our country, the market for energy drink is new but its a very
potential market. It is assumed that now the worth of energy drink market is
Tk. 100 cror & its increasing day by day. To capture this rising market a
several companies are working in our market. They are
Company

Brand Name

Globe soft drinks Ltd.

Royal Tiger

Akij Food & Beverage Ltd.

Speed

PRAN Foods Ltd.

PRAN Power

Osotspa Co. Ltd. (Thailand)

Shark

All these mentioned companies are trying to gain a good share in this
market by dint of their innovative activities. Each company is conducting
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various activities like advertising, dynamic branding, distribution etc. trying


to positioning its brand in the minds of the consumers more strongly than its
competitors. Even though there are some limitations to meet the market
demand as well as to satisfy consumers expectation. So, there is a scope to
enter the energy drinks market with a new brand & provide something new
for the consumers. Partex Beverages Ltd. came up with BIG BOSS that
splashed the market with its appearance shortly. Now, its in the second
position in the market.

2.1

Partex Beverage Ltd: at a glance

Mission:
Our Mission is to provide value at an economic cost, progress in
diversity, and continue to contribute to the growth of industrialization in
Bangladesh by being the market challenger.
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Vision:
To offer unparallel value to create customer delight and enhance
business productivity is the vision of Partex Beverage Ltd... We will also
generate value for our capabilities beyond Bangladesh boarders, and deliver
services and products globally

Origin:
Partext group started modestly in 1959 in tobacco trading and with
prudent entrepreneurship of our Founder Chairman Mr. M.A. Hashem today
we have a stake in tobacco, food, water, soft drinks, steel container, edible
oil, wooden board, furniture, cotton yarn and IT sector. After Bangladesh was
established our Chairman setup M/S Hashem Corporation (Pvt.) Ltd. in
Chittagong city meeting the large demand of food and materials needed for
sustaining the needs of a new nation through imports. From importing to
import substitution was the next logical step and the stepping stone into the
manufacturer sector, which was matured to the multimillion dollar diverse
investment of the Partex Group today. A dedicated work force and committed
board members led by our Chairman and backed by a market oriented
corporate strategy has been the cornerstone of our success. Today the group
has over twenty family owned private limited companies with a sizable
turnover. Ours is a dynamic organization always exploring new ideas and
avenues to expand and grow further.

Birth of RC Cola:
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In 1994, Mr. M. A. Hashem, Chairman of Partex Group visited an


International Trade Exhibition in the USA, where he happened to meet the
executives of Royal Crown Cola Co. International. From then on he started
conceptualizing the idea of RC beverage brand in Bangladesh. With
international brand name recognition and quality he expected that it would
gain acceptability in the Bangladesh market.

When he returned, a wide range of marketing research was carried out


by Partex as well as RC International. After positive results, in 1996, the
Corporate Head and the Directors formed Partex Beverage Ltd. Mr. Rubel
Aziz, one of the pioneers of the concept of RC, was given the position of
Managing Director. Funds worth Tk. 10 Cror were raised as part of Equity
from the Group. Although registered as a Public Limited Company, no public
offerings have been made as yet. The factory was setup in Rajendrapur,
40km away from Dhaka city. The company commenced commercial
production on 6th October 1997, and RC was launched in Dhaka on 20th
October 1997. This is the story of how Partex Beverage Limited became the
sole official bottler of Royal Crown Cola Co. International.
Now it has been almost 10 years since then, and a number of new
products, in new and innovative packages have been introduced to the
market. Partex Beverage has also introduced RC outside Dhaka into
unexplored markets. We are proud to say that we have stuck to our mission
and are now worth over Taka 80 cror (US$ 16 Million)

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Gradual Market Presence of Partex Beverage Limited


June 25, 1998
Introduction of RC Flavors (RC Cola, Royal Cloudy Lemon, Royal Orange,
Upper 10) in 300ml Glass bottle in Greater Chittagong, through 10
distributors

August 24, 1998

Introduction of RC Flavors (RC Cola, Royal Cloudy Lemon, Royel


Orange, and Upper 10) in 300ml Glass bottle in Greater Noakhali brought
diversity in the market. Four Distributors were mobilized.

October 28, 1998

Just before the closing stages of 1998, after assigning of few new
distributors, Partex Beverage began distributing in Comilla, which added to
its penetration in the southern region.

May 29, 1999


To add its line of products, Partex Beverage introduced three of RCs
flavors (RC Cola, Cloudy Lemon and Royal Orange) in 1 liter Glass bottles. In
one short, this new size was introduced to all its existing markets (Greater
Dhaka, Chittagong, Noakhali and Comilla)

March 15, 2000

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For the first time in Bangladesh, as planned, Partex Beverage launched


RC flavors in the revolutionary food grade PET bottles in two sixes- 1.0 and
1.5 Liter, in Greater Dhaka. Within a few weeks, Partex Beverage, went on to
penetrate not only their existing markets, but also markets that they had left
unexplored due to the constraints of glass packaging.

March 26, 2000


Just before the Asia Cup, which was held in Dhaka, Partex Beverage
added a feather to its cup, by launching its own mineral water brand, MUM. It
was introduced in food grade PET in two sizes- 0.5 and 1.5 Liter.

April 6, 2000

Partex Beverage launched their products in Sylhet, one of the largest


markets in Bangladesh, with the introduction of RC Flavors and MUM in PET.
This PBL did by mobilization of distributors of Danish Distribution Network. By
this pointing time, Partex Beverage had mobilizing a total of 101 distributors.

Partex Beverage Ltd.: Core functions


A Production of RC Cola
Mission:
We delight our customers .with superior quality product through
flexible operations.
In order to support the mission, Production department is performing the
following activities successfully:

Support brand portfolio / new product launch.

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Availability/product harmonization.

Quality/ meet international standards.

Low cost producer.

Backward vertical integration:


Partex Beverage requires most of its suppliers to deliver raw materials
just in time for using on its production line. They only need CSD chemical
which they use for flavor and perform for bottling. Other than that they
produce everything here with their automated machineries. They usually buy
those raw materials from suppliers twice a year.
Focus on Sales and Marketing
Mission:
To reach our target consumes by the most efficient and effective way
through our strong distribution channels in every market place where we do
business. This department identifies the areas in which best practice must be
achieved to enable markets to meet its objectives, which are:

Create an efficient entry barrier against local competition.

Improve our distributor's status to the trade pioneer among all FMCG
companies.

It has the responsibility to reach the ultimate consumers through trade.


E.g. Retailer emphasis is not only on what volume is being sold to the
retailers (Sell-In), but also on the volume sold out to consumers (Sell-Out).
The mission of Sales and Marketing department is "To reach our target
consumers in the most efficient and effective way through our strong
distribution channels in every market place where we do business."
The Marketing Department and the Production Department activities
are highly correlated. According to the needs of the Marketing Department,
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Production Department carries out the CSD manufacturing. The marketing


Department forecasts the sales volume of the different brand soft drink for
the coming business year and based on this; prepare a marketing plan
known as the Sales Operational Plan (SOP). According to the Plan, Marketing
Department communicates the brand wise sales target for each month to the
Production Department. Based on the SOP, Production Department sets its
production schedule. The inventories of CSD are also evaluated at this stage
to find out the actual output to be produced.
Partex Beverage has a well-defined mission for the selling and marketing of
products, which to reach our target consumers in the most efficient and
effective way through our strong distribution channels in every market place
where we do business.
A well-organized trade marketing team is working continuously to make
this .mission successful; furthermore the whole country has been divided into
three regions to perform the selling activities efficiently.

Hierarchy of Sales Force:

GM of Sales

Head of Sales Manager

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Regional Sales Manager

Area Sales Officer

How the Distribution Channel works:


The Company sells their product to the distributors; in turn the
distributors sell to the retailers and cash & carry as well. Cash & carry are
nothing but wholesalers. Cash & Carry are needed because at times the
retailers may not have adequate funds to buy the required quantity.

Factory

Sales
Depots

Internal
Carrying Agent

Distributor
s

Retailer

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Consumer

Cash &
Carry

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Figure: Distribution channel

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Distribution Process:
i. Regional Go-down: There are three regional go-downs throughout the
country to fill every regional demand just at the time of need and to
overcome various uncertainties related to physical distribution of products,
every regional go-down is directly controlled by separate Regional Manager
to face the regional physical distribution challenge.
ii. Distribution Warehouse: All distributors have their own warehouse,
where RC can be kept safely while not degrading its product quality.
Distributors buy RC from the Company and from that point ownership and all
responsibilities of the products go under the distributors.
iii. Opening Stock at Distributors Office: Apart from the warehouse.
every distributor also maintains another stock at their office. This stock is for
maintaining any change in market demand instantly. Dealers sometimes sell
RC through their counters to face special situation.
iv. Delivery Van: All the delivery vans are owned by the dealers to assure
the supply of RC on the door of wholesalers and retailers just according to
their demand. There are two types of delivery vans. One is Pickup van and
another is Rickshaw van.
v. Retailers: Retailers are at the end of the physical distribution system of
cigarette Selling products directly to the consumer.
vi. Distributors: The financial standing of the distributors, their reputation
in the local region, and prior related business experience are some of the key
criteria examined when a distributor is selected. The Head of sales, Regional
manager and MD of the Company make a decision check the evaluation
forms and field recommendations. After a distributor is selected they issue a
letter of intent that specifies certain requirements of the company. After
these

requirements

appointment' is issued.

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are

satisfactorily

fulfilled,

formal

-'letter

of

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Distributors buy fixed volumes of RC from the Company at a set price and
resell to the retailers. The company closely monitors their activities and
performance and ensures them to operate in the market at the highest
standard. Distributors follow a work routine set by the company, generating
paper work, and reports as required. Distributors are assigned a certain
geographic region within which they sell their RC. Different routes are
assigned within the region that helps to sell their stock.
SWOT Analysis of Partex Beverage Ltd.:
The term SWOT is the abbreviated form of strength, weakness,
opportunities and threats. If we look into Partex Beverage Ltd. careful then
we can identify the following things:
Strength
Brand

Weakness
values

&

Brand Not the market headers.

recognition is high.

Fewer budgets on promotional

Market share is high.


Effective

market

activities.
&

dist. No insurance coverage.

channel.

Image

Expert

&

experienced

of

the

company

is

facing question.

management.
Continuous

growth

in

net

income & net sells.


Opportunities
Demand

for

Threats
soft

drinks

is Strong competitors.

increasing.
New market is opening each
day

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Increased

price

of

materials.
Growing up overhead cost.

raw

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New product can be launched.

Political

Skilled employees enrich the

unrest

(emergency

impact).

org

3. Objective
The objective of the project is to learn how to analyze product
acceptability and potentiality through studying consumer and retailer mind
thoroughly. Also to realize the work of a brand manager how a new product is
established in an existing market.

4. Significance of the study


To indentify the reasons of sales being decreased and find out the ways
to increase the market position is very important to the employers to achieve
the continuity of the product, is important to the employees to meet their
KPIs, is important to the stockholders both internal and external to earn profit
and sustainability of the investment.

5. Methodology
The data required for the study are of both primary and secondary
data. Secondary data will be collected from the organization that it had
collected during the product launching. I will also browse internet to get
overall idea about the energy drink market of the country. On the other hand,
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primary data will be collected by conducting a survey on retailers, consumers


and competitors. I would use interview, survey method, published statistics
as required from the respondents to collect the data. The sample size for the
survey would be 120 and decision will be made by applying various
techniques using SPSS presenting different graphs and calculations.
Questionnaire design:
I select close ended question. The question was

divided by

demographic and product oriented. I discuss with consumers about sex, age,
occupation in demographic question and discuss about brand, price, quality,
test, and flavor, pack size, packaging etc.
Data Analysis Techniques:
To analyze data, the following percentile and frequency table are
applied in the report.
Scope of the study:
Earlier people of rural area entertained their guest and acquaintances
with just homemade lemon drinks or something like that kind is called
sharbat. Beverage marketers has changed this attitude to the consumers
and created a new style. Now people become trendier and entertain their
kith and kin with soft drinks emerge as a new culture. As consumers are
becoming more conscious about their health and ultimately the scope of the
soft drinks is turning into health/ energy drinks.

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6. Research Results

6.1 Frequency Analysis


1.
Age of the respondents
Frequenc
y

Percent

Valid

Cumulative

Percent

Percent

Valid 15-24 years

20

16.7

16.7

16.7

25-34 years

46

38.3

38.3

55.0

35-44 years

26

21.7

21.7

76.7

45 years and

28

23.3

23.3

100.0

120

100.0

100.0

above
Total

The above graph shows that among the total respondents most of the
respondents are of 25-34 years and the percentage is 38.3 and they are the
target group that BIG BOSS targets to sell its products. Besides, there are

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significant numbers of respondents who are aged between 35-44 years and
45 years and above.

2.

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Profession of the respondents


Frequenc
y
Valid Student

Percent

Valid

Cumulative

Percent

Percent

41

34.2

34.2

34.2

Private Sector

27

22.5

22.5

56.7

Government

21

17.5

17.5

74.2

29

24.2

24.2

98.3

1.7

1.7

100.0

120

100.0

100.0

Sector
Entrepreneur
Other
Total

The chart demonstrates that there are 34.2 percentages of the total
respondents is students that are the highest of all. Other than this there are
entrepreneurs of 24.2% and private sector of 22.5% is well mentionable.
3.

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Income level
Frequenc
y
Valid Less than Tk

Percent

Valid

Cumulative

Percent

Percent

1.7

1.7

1.7

11

9.2

9.2

10.8

43

35.8

35.8

46.7

42

35.0

35.0

81.7

22

18.3

18.3

100.0

120

100.0

100.0

5000
Tk 5001-Tk
10000
Tk 10001- Tk
20000
Tk 20001-Tk
30000
More than
30000
Total

The chart describes that the respondents whose monthly income level
is TK 10001- TK 20000and TK 20001- TK 30000 are the highest and their
percentages are 35.8% and 35.0% respectively. It means the respondents
who are aged between 25-34 years and 35- 44 years earn more.

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4.
When you go for buying any energy which one come
to your mind first
Frequenc
y
Valid BIG BOSS

Percent

Valid

Cumulative

Percent

Percent

41

34.2

34.2

34.2

TIGER

46

38.3

38.3

72.5

SPEED

16

13.3

13.3

85.8

BLACK

5.8

5.8

91.7

POWER

3.3

3.3

95.0

OTHER

5.0

5.0

100.0

120

100.0

100.0

HORSE

Total

The above mentioned graph indentifies that when the respondents


were asked which brand name comes to their mind first when they go for
buying any energy drink, most of them about 38.3% replied that TIGER is the
brand name that they recall first. Besides, there are significant number of the
respondents about 34.2% who recall BIG BOSS first that implies that TIGER is
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the number one energy drink in the market and BIG BOSS is in the second
position.

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5.
How often do you buy any energy drink
Frequenc
y
Valid Daily

Percent

Valid

Cumulative

Percent

Percent

19

15.8

15.8

15.8

Once a week

56

46.7

46.7

62.5

More than once a

24

20.0

20.0

82.5

21

17.5

17.5

100.0

120

100.0

100.0

week
Once a month
Total

The chart mentioned above describes that the energy drink market in
Bangladesh is growing and potential too as the buyers are used to buy
energy drinks frequently. The graph shows that 46.7% of the total
respondents buy energy drink once a week, 24% buy more than once a week
and 19% bur energy drink daily that is more significant for the future growth
of this market.
6.

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Sales of BIG BOSS is increasing day by day


Frequenc
y
Valid Strongly

Percent

Valid

Cumulative

Percent

Percent

29

24.2

24.2

24.2

Agree

61

50.8

50.8

75.0

Neutral

20

16.7

16.7

91.7

Disagree

10

8.3

8.3

100.0

120

100.0

100.0

Agree

Total

The above chart demonstrates that the sale of BIG BOSS is increasing
day by day because among the total number of the respondents 50.8% are
agreed that BIG BOSS is being sold out more. Besides, 24.2% said that they
are highly agreed that the sale of BIG BOSS is increasing. This indicates that
BIG BOSS has high potential in the market to grab the first position in
Bangladesh.

7.
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Price if BIG BOSS is higher compared to other energy


drink
Frequenc
y
Valid Strongly

Percent

Valid

Cumulative

Percent

Percent

.8

.8

.8

Agree

21

17.5

17.5

18.3

Neutral

37

30.8

30.8

49.2

Disagree

59

49.2

49.2

98.3

Strongly

1.7

1.7

100.0

120

100.0

100.0

Agree

Disagree
Total

It has been proved that BIG BOSS has high possibility in the market to
capture the second position as its price is justified compared to the other
energy drinks in the market. The above graph shows that 49.2% of the total
respondents are disagreed that the price of BIG BOSS is higher than that of
other energy drinks. So, we can say that price is not a problem of BIG BOSS
to be declined in its sales.

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8.
Reduction of price will lead to higher demand
Frequenc
y
Valid Strongly

Percent

Valid

Cumulative

Percent

Percent

37

30.8

30.8

30.8

44

36.7

36.7

67.5

6.7

6.7

74.2

Disagree

29

24.2

24.2

98.3

Strongly

1.7

1.7

100.0

120

100.0

100.0

Agree
Agree
Neutral

Disagree
Total

Though the price of BIG BOSS is not higher than that of its competitors,
it can increase its sales by reducing the current price because 36.75 of the
respondents agree about that. Besides, 30.8% of the total respondents also
strongly agree that reduction of price will lead t higher demand.

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9.
The ads of BIG BOSS are attractive
Frequenc
y
Valid Strongly

Percent

Valid

Cumulative

Percent

Percent

13

10.8

10.8

10.8

35

29.2

29.2

40.0

7.5

7.5

47.5

Disagree

42

35.0

35.0

82.5

Strongly

21

17.5

17.5

100.0

120

100.0

100.0

Agree
Agree
Neutral

Disagree
Total

BIG BOSS should work with its advertisements because in terms of


attractiveness of the ads 35.0% of the total respondents said that the ads of
BIG BOSS re not attractive. On the other hand only 29.2% agree that ads are
attractive. As majority of the respondents agree that the ads of BIG BOSS are
not attractive so it must make the ads attractive so that it can attract more
customers as well as increase sales.
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10.

BIG BOSS needs a celebrity to endorse the brand


Frequenc
y
Valid Strongly

Percent

Valid

Cumulative

Percent

Percent

44

36.7

36.7

36.7

67

55.8

55.8

92.5

Neutral

5.0

5.0

97.5

Disagree

2.5

2.5

100.0

120

100.0

100.0

Agree
Agree

Total

In terms of an celebrity to endorse a brand is very important for BIG


BOSS as from our survey we know that 55.8% of the total respondents said
that using a celebrity will be effective for BIG BOSS to market its product and
increase sales quickly. 36.7% of the total respondents strongly agree to
endorse a celebrity with its brand.

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11.

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BIG BOSS should broadcast TV commercials on a


regular basis
Frequenc
y
Valid Strongly

Percent

Valid

Cumulative

Percent

Percent

52

43.3

43.3

43.3

61

50.8

50.8

94.2

Neutral

2.5

2.5

96.7

Disagree

3.3

3.3

100.0

120

100.0

100.0

Agree
Agree

Total

It is very significant for BIG BOSS to broadcast its TV commercials on


regular basis to increase sales and to capture more market share. In our
survey we found that 50.8% of the total respondents said that they agree
about regular broadcast of the TV commercials of BIG BOSS. Besides, 43.3%
of the respondents are strongly agreed about the regular broadcast of the TV
commercials.
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Retailers should be offered more discounts to increase sales


Cumulative
Frequency Percent Valid Percent
Valid

Percent

Strongly Agree

20

16.7

16.7

16.7

Agree

69

57.5

57.5

74.2

Neutral

16

13.3

13.3

87.5

Disagree

7.5

7.5

95.0

Strongly

5.0

5.0

100.0

120

100.0

100.0

Disagree
Total

Customers should be offered more discounts to increase sales


Cumulative
Frequency Percent Valid Percent
Valid

Percent

Strongly Agree

29

24.2

24.2

24.2

Agree

65

54.2

54.2

78.3

4.2

4.2

82.5

Disagree

16

13.3

13.3

95.8

Strongly

4.2

4.2

100.0

120

100.0

100.0

Neutral

Disagree
Total

34 | P a g e

35 | P a g e

From the graphs above we can say that BIG BOSS should offer
discounts to both retailers and customers to increase sales. About 57.5% of
the total respondents are agreed to offer discounts to the retailers. On the
other hand, about 54.2% of the total respondents said that discounts should
be offered to customers also. So, offering different types of discounts can
make the sales increased and increase the market share as well.

35 | P a g e

36 | P a g e

6.2 Analysis of ANOVA


Hypothesis: Young people purchase energy drink more.
H0: Young people do not purchase energy drink more
H1: Young people purchase energy drink more
Descriptives
Age of the respondents
95%
Confidence
Interval for
Mean
Lower Upper

Std.
N
Daily

Once a
week

19

56

Deviati

Std.

Boun

Boun

Minimu

Maximu

Mean
1.947

on
1.1772

Error
.

d
1.379

d
2.514

m
1.00

m
4.00

2700

2.357

.96160

8
.

2.099

2.614

1.00

4.00

1285

36 | P a g e

37 | P a g e

More

24

2.666

2.279

3.053

1871

2.959

3.612

1564

2.516

1.0288

9
.

2.330

2.702

0939

than

.91683

once a

1.00

4.00

2.00

4.00

1.00

4.00

week
Once a

21

3.285

month
Total

120

.71714

2
ANOVA
Age of the respondents
Sum
of
Squar
Betwe
en

es
20.54

Mean
df
3

Square
6.848

.909

F
7.535

Sig.
.000

Groups
Within

105.4

116

Groups
Total

24
125.9

119

67

From the ANOVA test we can see that the significance between the age
group and the frequency of buying the energy drink is not high that is .000
which is less than .05 means highly significant. So, we can reject the null
hypothesis and accept that young people purchase the energy drink more
that the more aged people. The young people who buy energy drink more
are aged between 15-24 years, 25-34 years and 35-44 years. Also the mean
value of the young people is higher.

37 | P a g e

38 | P a g e

Hypothesis: Discounts should be provided only to the frequent buyers


H0: Discounts should not be provided only to the frequent buyers
H1: Discounts should be provided only to the frequent buyers
Descriptives
How often do you buy any energy drink
95%
Confidence
Interval for
Mean
Lower Upper

Std.
N
38 | P a g e

Mean

Deviati

Std.

Boun

Boun

Minimu

Maximu

on

Error

39 | P a g e

Strong

31

ly
Agree
Agree

Neutra

75

l
Disagr

ee
Strong

ly

2.645

2.296

2.993

1706

2.306

9
.

2.089

2.523

1090

2.428

1
.

1.526

3.331

3688

2.400

1.1401

6
.

.9843

3.815

5099

.70711

0
.

7.853

5000

4.853

2.219

2.564

0872

1.500

.95038

.94402

.97590

Disagr
ee
Total

120

2.391

.95527

1.00

4.00

1.00

4.00

1.00

4.00

1.00

4.00

1.00

2.00

1.00

4.00

0
ANOVA
How often do you buy any energy drink
Sum of
Squares
Between

Mean
df

Square

4.134

1.033

Groups
Within

104.458

115

.908

Groups
Total

108.592

119

F
1.138

Sig.
.342

The relationship between the variables: providing discounts and


purchasing frequency is statistically insignificant because the significance is .
342 > .05. This relationship is highly insignificant. So, we cannot reject the

39 | P a g e

40 | P a g e

null hypothesis thereby we accept that discounts should not be provided only
to the frequent buyers rather to all buyers.

Hypothesis: Price reduction for the customers will increase the sales
H0: Price reduction for the customers will not increase the sales

40 | P a g e

41 | P a g e

H1: Price reduction for the customers will increase the sales
Descriptives
Reduction of price will lead to higher demand
95%
Confidence
Interval for
Mean
Lower Upper

Std.

Strong

N
29

ly
Agree
Agree

Neutra

65

l
Disagr

16

ee
Strong

ly

Deviati

Std.

Boun

Boun

Minimu

Maximu

Mean
2.206

on
1.1765

Error
.

d
1.759

d
2.654

m
1.00

m
5.00

2184

2.230

1.1828

8
.

1.937

2.523

1.00

5.00

1467

2.400

1.5165

1
.

.5169

4.283

1.00

4.00

6782

2.687

1.2500

3
.

2.021

3.353

1.00

4.00

3125

2.200

1.0954

0
.

.8398

3.560

1.00

4.00

4899

1.00

5.00

Disagr
ee
Total

0
120

2.291

1.1909

2.076

2.506

1087

41 | P a g e

42 | P a g e

ANOVA
Reduction of price will lead to higher demand
Sum of

Mean

Squares
Between

df

Square

3.057

.764

Groups
Within

165.735

115

1.441

Groups
Total

168.792

119

Sig.

.530

.714

From the ANOVA test above we can see that the relationship between
the reduction of price for the customers and sales is not statistically
significant because the significance value is .714 > .05 that implies that
there is highly insignificant relationship between the variables. Hence, we
cannot reject the null hypothesis and accept that reduction of price only to
the customers will not increase the sales.

Hypothesis: Price reduction for the retailers will increase the sales
H0: Price reduction for the retailers will not increase the sales
H1: Price reduction for the retailers will increase the sales

Descriptives
Reduction of price will lead to higher demand
95%
Confidence
Interval for
Mean
Lower Upper

Std.
N
42 | P a g e

Mean

Deviati

Std.

Boun

Boun

Minimu

Maximu

on

Error

43 | P a g e

Strong

20

ly
Agree
Agree

Neutra

69

16

l
Disagr

ee
Strong

ly

2.600

1.0463

2.110

3.089

2339

2.318

1.3003

6
.

2.006

2.631

1565

1.875

1.0878

5
.

1.295

2.454

2719

2.222

1.0929

5
.

1.382

3.062

3643

.40825

0
.

1.738

2.595

1666

2.166
7

Disagr
ee
Total

1.00

4.00

1.00

5.00

1.00

4.00

1.00

4.00

2.00

3.00

1.00

5.00

7
120

2.291

1.1909

2.076

2.506

1087

ANOVA
Reduction of price will lead to higher demand
Sum of
Squares
Between

Mean
df

Square

4.867

1.217

Groups
Within

163.924

115

1.425

Groups
Total

168.792

119

43 | P a g e

F
.854

Sig.
.494

44 | P a g e

The above mentioned ANOVA test indicates the relationship between


the variables: reduction of price for the retailers and sales. The significance
value is .494 > .05 that implies that the relationship is highly insignificant.
So, we cannot reject the null hypothesis and accept that reduction of price
only to the retailers will not increase the sales.

Hypothesis: Attractive ads and TV commercials will increase the sales


H0: Attractive ads and TV commercials will not increase the sales
H1: Attractive ads and TV commercials will increase the sales

Mean

Descriptives
Std.
Std.
Deviati
on

Error

95%

Minimu

Maximu

Confidence

Interval for
Mean

44 | P a g e

45 | P a g e

Lower Upper

The ads

Strong

of BIG

ly

BOSS are

Agree
Agree

attractive

Neutra

29

61

20

l
Disagr

10

ee
Total

TV

Strong

commerci

ly

als are

Agree
Agree

adequate

29

61

to attract
more
customer
s

Neutra

20

l
Disagr

10

ee
Total

1.1931

2215

2.983

1.3101

7
.

2.648

3.319

1677

2.600

1.1424

4
.

2.065

3.134

2554

3.100

.99443

7
.

2.388

3.811

3144

3.191

1.3239

7
.

2.952

3.431

1208

4.275

.95978

6
.

3.910

4.640

1782

3.819

3
.

3.607

4.031

1058

3.700

6
.

3.357

4.042

1638

3.600

4
.

2.908

4.291

3055

1
.

3.733

4.050

0800

3.891
7

.82681

.73270

.96609

.87731

45 | P a g e

d
4.522

4.069

0
120

Boun

d
3.615

0
120

Boun

1.00

5.00

1.00

5.00

1.00

5.00

2.00

4.00

1.00

5.00

1.00

5.00

1.00

5.00

2.00

5.00

1.00

4.00

1.00

5.00

46 | P a g e

ANOVA
Sum of
Squares
The ads of BIG

Between

Mean
df

Square

32.046

10.682

176.546

116

1.522

208.592
6.182

119
3

2.061

85.409

116

.736

91.592

119

Sig.

7.019

.000

2.799

.043

BOSS are attractive Groups


Within
Groups
TV commercials

Total
Between

are adequate to

Groups

attract more

Within

customers

Groups
Total

The above ANOVA test describes that the relationship between sales
and attractive ads is highly significant as the significance value is .000. Also,
the significance value between sales and adequate TV commercials is .043
means moderately significant. So, we can reject the null hypothesis and
accept that attractive ads and adequate TV commercials can increase the
sales of BIG BOSS.

46 | P a g e

47 | P a g e

6.3 Cross Tabulation Analysis


Hypothesis: More earning people purchase energy drinks more
H0: More earning people does not purchase energy drinks more
H1: More earning people purchase energy drinks more

Case Processing Summary


Cases
Valid
Missing
Perce
Perce
Income
level *

N
120

nt
100.0

N
0

nt
.0%

Total
Perce
N
120

nt
100.0
%

How
often do
you buy
any
energy
drink
Income level * How often do you buy any energy
drink Crosstabulation
Count
How often do you buy any
energy drink
More

Daily
47 | P a g e

than

Once

Once

once

mont

week

week

Total

48 | P a g e

Income

Less

level

than

11

26

11

43

20

42

12

22

19

56

24

21

120

Tk
5000
Tk
5001Tk
1000
0
Tk
1000
1- Tk
2000
0
Tk
2000
1-Tk
3000
0
More
than
3000
0
Total

48 | P a g e

49 | P a g e

Chi-Square Tests
Asym
p.
Sig.
(2Pearson

Value
42.21

df
sided)
12
.000

9a

ChiSquare
Likelihoo

43.35

12

.000

d Ratio
Linear-

7
24.78

.000

by-

Linear
Associati
on
N of

120

Valid
Cases
In the table above, we came up with a Chi-Square test which is a
statistical test used to determine the probability of obtaining the observed
results by chance, under our hypothesis. It is evident from the Chi Square
test that the P-value for this hypothesis test is .000 which is less than 0.05
(alpha value). Hence we can reject the null hypothesis in favor of the
alternative hypothesis which is More earning people purchase energy drinks
more. More earning people have monthly income starting from TK 10001 to
above TK 30000.

49 | P a g e

50 | P a g e

Hypothesis: Adequate TV commercials increase the sales day by day


H0: Adequate TV commercials do not increase the sales day by day
H1: Adequate TV commercials increase the sales day by day
Case Processing Summary
Cases
Valid
Missing
Perce
Perce
Sales of
BIG BOSS
is
increasin
g day by
day * TV
commerci
als are
adequate
to attract
more
customer
s

50 | P a g e

N
120

nt
100.0
%

N
0

nt
.0%

Total
Percen
N
120

t
100.0
%

51 | P a g e

Sales of BIG BOSS is increasing day by day * TV commercials


are adequate to

attract more customers Crosstabulation


Count
TV commercials are adequate to attract
more customers
Strong
Strong

ly

ly

Neutr

Agree Agree
1
1

Disagr

Disagr

ee
12

ee
14

Total
29

al

Sales of

Strong

BIG BOSS

ly

is

Agree
Agree
Neutra

1
0

2
2

15
3

32
14

11
1

61
20

l
Disagr

10

20

66

26

120

increasin
g day by
day

ee
Total

Chi-Square Tests
Asym
p.
Sig.
(2sided
Value

51 | P a g e

df

52 | P a g e

Pearson

28.458

12

.005

ChiSquare
Likelihood

29.952

12

.003

Ratio
Linear-by-

6.393

.011

Linear
Associatio
n
N of Valid

120

Cases
In the above table we conducted a chi-square test to determine the
probability of obtaining the observed results by chance, under our
hypothesis. It is evident from the Chi Square test that the P-value for this
hypothesis test is .005 which is less than 0.05 (alpha value). Hence we can
reject the null hypothesis in favor of the alternative hypothesis which is
Adequate TV commercials increase the sales day by day

52 | P a g e

53 | P a g e

Hypothesis: Attractive ads increase the sales day by day


H0: Attractive ads do not increase the sales day by day
H1: Attractive ads increase the sales day by day
Case Processing Summary
Cases
Valid
Missing
Perce
Perce
Sales of
BIG
BOSS is
increasin
g day by
day *
The ads
of BIG
BOSS
are
attractiv
e
53 | P a g e

N
120

nt
100.0
%

N
0

nt
.0%

Total
Percen
N
120

t
100.0
%

54 | P a g e

Sales of BIG BOSS is increasing day by day * The ads of BIG


BOSS are attractive Crosstabulation
Count
The ads of BIG BOSS are attractive
Strong
Strong

ly

ly

Neutr

Agree Agree
2
2

Disagr

Disagr

ee
11

ee
13

Total
29

al

Sales of

Strong

BIG

ly

BOSS is

Agree
Agree
Neutra

8
3

21
8

3
4

22
4

7
1

61
20

l
Disagr

10

13

35

42

21

120

increasin
g day by
day

ee
Total

Chi-Square Tests
Asym
p.
Sig.
(2Pearson
ChiSquare
Likelihoo
d Ratio
LinearbyLinear
Associati
on
54 | P a g e

Value
33.452

df
sided)
12
.001

34.537

12

.001

9.916

.002

55 | P a g e

N of

120

Valid
Cases
In the above table we conducted a chi-square test to determine the
probability of obtaining the observed results by chance, under our
hypothesis. It is evident from the Chi Square test that the P-value for this
hypothesis test is .001 which is less than 0.05 (alpha value). Hence we can
reject the null hypothesis in favor of the alternative hypothesis which is
Attractive ads increase the sales day by day.

6.4 Regression Model


Regression analysis is a very significant part of marketing research
where

the

relationship

between

the

dependent

variables

and

the

independent variables are sought out. The correlation helps to draw


important conclusion regarding the research topic as well as the validity of
the entire research procedure. After doing our research on BIG BOSS, we
have identified one dependent variable, Reduction on price will lead higher
demand (sales). Relationship between these independent variables with the
single dependent variable has helped us form an interesting insight about
future potentiality of BIG BOSS.
55 | P a g e

56 | P a g e

Coefficientsa
Standardi

95.0%

Unstandardi

zed

Confidence

zed

Coefficien

Interval for

Coefficients

ts

B
Lowe

Uppe

Boun

Boun

d
2.96

d
7.62

7
.024 -.599

4
-.044

.140 -.460

.066

.060 -.267

.005

.004

.085

.444

.759 -.202

.148

Std.
Model
1
(Constant
)
Price if

B
Error
5.29 1.174
5
-.321

.140

Beta

-.219

BIG BOSS

t
4.50
9
-

Sig.
.000

2.29

is higher

compared
to other
energy
drink
Price is

-.197

.133

-.139

justified

1.48

according

to the
quality
BIG BOSS

-.131

.069

-.173

has value

1.90

for money
BIG BOSS

4
2.92

.265

.090

.256

should

lower its
price
The ads
of BIG
BOSS are
56 | P a g e

-.027

.088

-.030

-.30
7

57 | P a g e

attractive

Price

-.340

.142

-.228

discounts

2.40

should be

.018 -.621

-.060

.635 -.390

.239

offered to
customer
s and
retailers
BIG BOSS

-.076

.159

-.043

needs a

-.47
6

celebrity
to
endorse
the brand
BIG BOSS

.140

.155

.082

.903

.369 -.168

.448

-.287

.126

-.211

.025 -.537

-.036

should
broadcast
TV
commerci
als on a
regular
basis
TV
commerci
als are
adequate
to attract
more
customer
s
57 | P a g e

2.26
9

58 | P a g e

Retailers

-.109

.107

-.091

should be

.313 -.322

.104

.910 -.202

.180

.274 -.077

.269

1.01

offered

more
discounts
to
increase
sales
Customer

-.011

.096

-.010

-.11

s should

be offered
more
discounts
to
increase
sales
Target

.096

.087

.099

1.09

market

should be
solely
youth
basis
Dependent variable: Reduction in price will lead to higher demand

The hypothesis for our regression analysis is as follows:


HO: There is no relationship between the variables
H1: There is statistically significant relationship between the variables

58 | P a g e

59 | P a g e

Price of BIG BOSS is higher compared to other energy drinks


The independent variable is significant as significance value as the P-value is
.024 < .05 so, we can definitely reject the null hypothesis and accept the
alternative. This means, the variable has statistically significant relationship
in between, if everything else remains constant.

Price is justified according to the quality


The independent variable is significant as significance value as the P-value is
.140 > .05 so, we cannot reject the null hypothesis and accept the null. This
means, the variable has statistically insignificant relationship in between, if
everything else remains constant.

BIG BOSS has value for money


The independent variable is significant as significance value as the P-value is
.060 > .05 so, we cannot reject the null hypothesis and accept the null. This
means, the variable has statistically insignificant relationship in between, if
everything else remains constant.

BIG BOSS should lower its price


The independent variable is significant as significance value as the P-value is
.004 < .05 so, we can definitely reject the null hypothesis and accept the
alternative. This means, the variable has statistically significant relationship
in between, if everything else remains constant.

59 | P a g e

60 | P a g e

The advertisements of BIG BOSS are attractive


The independent variable is significant as significance value as the P-value is
.759 > .05 so, we cannot reject the null hypothesis and accept the null. This
means, the variable has statistically insignificant relationship in between, if
everything else remains constant.

Price discounts should be offered to customers and retailers


The independent variable is significant as significance value as the P-value is
.018 < .05 so, we can definitely reject the null hypothesis and accept the
alternative. This means, the variable has statistically significant relationship
in between, if everything else remains constant.

BIG BOSS needs a celebrity to endorse the brand


The independent variable is significant as significance value as the P-value is
.635 > .05 so, we cannot reject the null hypothesis and accept the null. This
means, the variable has statistically insignificant relationship in between, if
everything else remains constant.
BIG BOSS should broadcast TV commercials on a regular basis
The independent variable is significant as significance value as the P-value is
.369 > .05 so, we cannot reject the null hypothesis and accept the null. This
means, the variable has statistically insignificant relationship in between, if
everything else remains constant.

TV commercials are adequate to attract more customers


The independent variable is significant as significance value as the P-value is
.025 < .05 so, we can definitely reject the null hypothesis and accept the
60 | P a g e

61 | P a g e

alternative. This means, the variable has statistically significant relationship


in between, if everything else remains constant.
Retailers should be offered more discounts to increase sales
The independent variable is significant as significance value as the P-value is
.313 > .05 so, we cannot reject the null hypothesis and accept the null. This
means, the variable has statistically insignificant relationship in between, if
everything else remains constant.
Customers should be offered more discounts to increase sales
The independent variable is significant as significance value as the P-value is
.910 > .05 so, we cannot reject the null hypothesis and accept the null. This
means, the variable has statistically insignificant relationship in between, if
everything else remains constant.
Target market should be solely youth basis
The independent variable is significant as significance value as the P-value is
.274 > .05 so, we cannot reject the null hypothesis and accept the null. This
means, the variable has statistically insignificant relationship in between, if
everything else remains constant.

Now we can arrange the estimated coefficients of the regression line in this
way, therefore
Y= - .321X1 + .265X2 - .340X3 - .287X4
Here,
Y: Reduction in price will lead to higher demand
X1: Price of BIG BOSS is higher compared to other energy drinks

61 | P a g e

62 | P a g e

X2: BIG BOSS should lower its price


X3: Price discounts should be offered to customers and retailers
X4: TV commercials are adequate to attract more customers

Model variability
Model Summary
Std.
Error
Mod
el
1

R
.509a

Adjust

of the

Squa

ed R

Estima

re
Square
.259
.176

te
1.0810
6

a. Predictors: (Constant), Target market should be solely youth basis, Price


discounts should be offered to customers and retailers, BIG BOSS should
lower its price, Customers should be offered more discounts to increase
sales, BIG BOSS needs a celebrity to endorse the brand, BIG BOSS should
broadcast TV commercials on a regular basis, BIG BOSS has value for money,
Price is justified according to the quality, Retailers should be offered more
discounts to increase sales, TV commercials are adequate to attract more
customers, Price if BIG BOSS is higher compared to other energy drink, The
ads of BIG BOSS are attractive
ANOVA

Model

62 | P a g e

ANOVAb
Sum
df
Mean
of

Squa

Squar

re

Sig.

63 | P a g e

1 Regressi

es
43.74

on
Residual

1
125.0

Total

50
168.7

12

3.64

3.11
9

107

5
1.16

.001a

9
119

92

a. Predictors: (Constant), Target market should be solely youth basis,


Price discounts should be offered to customers and retailers, BIG BOSS
should lower its price, Customers should be offered more discounts to
increase sales, BIG BOSS needs a celebrity to endorse the brand, BIG
BOSS should broadcast TV commercials on a regular basis, BIG BOSS
has value for money, Price is justified according to the quality, Retailers
should be offered more discounts to increase sales, TV commercials
are adequate to attract more customers, Price if BIG BOSS is higher
compared to other energy drink, The ads of BIG BOSS are attractive.
b. Dependent Variable: Reduction of price will lead to higher demand
R2=0.0259
We found R2 value is 0.0259 which means 25.9% variation in
dependent variable (Sales/demand of BIG BOSS) is explained by the
variability in independent variables along the estimated regression.
Let us present the hypothesis again:
HO: There is no relationship between the variables
H1: There is significant statistical relationship between the variables
The F test tells us about the level of significance of at least one of the
variables. Here our P-Value according to ANOVA is .001, which is
statistically significant as its lower than 0.05. So, the null is rejected
and the model is valid. The conclusion we can draw is that there is

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significant relationship between the dependent and independent


variables.

6.5 Factor Analysis


Total Variance Explained
Extraction Sums
Initial

of Squared

Eigenvaluesa
% of Cumu
Comp
Raw

Resc

Loadings
% of Cumu

Squared Loadings
% of Cum

Vari

lative

Tot

Vari

lative

Tota

Vari

ulati

onent
1

l
ance
3.0 50.0

%
50.04

al ance
3.0 50.0

%
50.04

l
ance
2.92 47.4

ve %
47.4

83
1.6

42
26.4

2
76.51

83
1.6

42
26.4

2
6
76.51 1.78

74
13.2

6
89.80

31

74

31
.

819
.

92
7.13

8
96.93

439
.

0
3.06

7
100.0

189
3.0

3
50.0

00
50.04

2.5

51.6

51.60

83
1.6

42
26.4

2
76.51

80
.

05
19.2

31
.

74
13.2

6 961
89.80

17

819

92

aled

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Tota

Rotation Sums of

91
29.0

91
76.5

25

16

2.51

50.3

50.3

5
6
70.82 1.02

29
20.4

29
70.8

93

22

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7.13

96.93

439
.

0
3.06

7
100.0

189

00

KMO and Bartlett's Testa


Kaiser-Meyer-Olkin Measure of

.695

Sampling Adequacy.
Bartlett's Test of
Approx. Chi-Square 224.054
Sphericity

df

10

Sig.

.000

a. Based on correlations

Communalities
Raw
Initial
Extraction

Rescaled
Initial
Extraction

Age of the respondents


Profession of the

1.059
1.511

.917
1.264

1.000
1.000

.866
.836

respondents
Income level
When you go for buying

.899
1.780

.492
1.772

1.000
1.000

.547
.995

.913

.270

1.000

.296

any energy which one


come to your mind first
How often do you buy
any energy drink
Extraction Method: Principal Component Analysis.

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Component Matrixa
Raw
Component
1
2
Age of the

Rescaled
Component
1
2

.930

-.230

.904

-.223

respondents
Profession of the

1.070

-.345

.870

-.280

respondents
Income level
When you go for

.685
.578

-.149
1.199

.723
.433

-.157
.899

.520

-.018

.544

-.019

buying any energy


which one come to
your mind first
How often do you
buy any energy
drink
Extraction Method: Principal Component Analysis.
a. 2 components extracted.

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Rotated Component Matrixa


Raw
Component
1
2
Age of the respondents
Profession of the

Rescaled
Component
1
2

.953
1.124

.089
.027

.927
.914

.087
.022

.696
.152

.085
1.322

.734
.114

.090
.991

.497

.154

.520

.161

respondents
Income level
When you go for buying
any energy which one
come to your mind first
How often do you buy
any energy drink

Extraction Method: Principal Component Analysis.


Rotation Method: Varimax with Kaiser Normalization.
a. Rotation converged in 3 iterations.
Factor

analysis is

a statistical method

used

to

describe variability among observed variables in terms of a potentially lower


number of unobserved variables called factors. In other words, it is possible,
for example, that two or three observed variables together represent
another, unobserved variable, and factor analysis searches for these possible
combinations. The observed variables are modeled as linear combinations of
the potential factors, plus "error" terms. The information gained about the
interdependencies between observed variables can be used later to reduce
the set of variables in a dataset.
In this factor analysis, we found that KMO (Kaiser-Meyer-Olkin Measure of
Sampling Adequacy) value is 0.695 which is greater than 0.05 that means it
is statistically significant and we should continue the test. Moreover,
Bartlett's Test of Sphericity level of significance is 0.000, which is highly
statistically significant. Now from Rotated Component Matrix we can
conclude the following relationship:
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1. Age of the respondents and Profession of the respondents


2. When you go for buying any energy drink which one comes
to your mind first and How often do you buy an energy
drink.

7. Recommendation

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From the above report, we observe that most of the respondent is not
satisfied with the promotional activities of BIG BOSS. Therefore, we
recommend that our industry should be

Advertisement is the most effective media for increasing sales.

Most of the respondents prefer regular pack

Price should be low.

There must have regular TV commercials.

TV commercials should be adequate so that it can attract the


consumers insight.

Different types of promotional discounts should be launched for both


retailers ans customers

Last but not the least TV commercials and other promotions must be
attractive to the consumers.

8. Limitations of the study


It might be difficult to collect data from the competitors and retailers
due to confidentiality and time consumption. The study was limited by a
number of factors. Firstly the research was limited only in Dhaka city. Second,
there are vast amount of information and write-ups relating to the topics of
this research that are present in the internet and various other sources, but it
were not possible to gain access to many such information. So missing out
some important aspects of the discussed topics can be a possibility. Thirdly,
the time constraints for this study and also the limited knowledge of the
research may be considered as limitations.

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9. Conclusion

Partex Beverage Limited, the innovative marketer of soft drinks in our


country. Partex is the first company in our domestic market, which launched
soft drinks in plastic bottles. Undoubtedly, it was a landmark in the beverage
industry. By following the path of innovation & uniqueness Partex Beverage
Ltd. wants to enter the energy drinks market & to provide the consumers a
colorful experience. To turn this dream into reality I worked hard for
analyzing the current scenario of energy drinks market. I worked hard to find
out the reasons why the sale of BIG BOSS is being declined and the ways to
regain its market position. I think my recommendations might work to fulfill
the objectives of the research.

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10. Bibliography

Different websites:
http://www.thefinancialexpress-bd.com/more.php?news_id=83646
http://www.thedailystar.net/newDesign/print_news.php?nid=109504
http://www.bangladeshiproducts.com/products.php?category_id=&sub_cat_id=131
http://www.thefinancialexpress-bd.com/2008/02/19/25840.html
http://www.thedailystar.net/newDesign/news-details.php?nid=134904
http://www.thedailystar.net/story.php?nid=25866
http://positivebangladesh.wordpress.com/2008/07/11/soft-drinks-market-inbangladesh-recovering/

11.Appendix
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Questionnaire
(This survey is being undertaken to analyze the market potential of BIG BOSS an energy
drink manufactured by Partex Beverage Limited. The information provided here will not be
disclosed publicly and the information about the respondents hereby will also be kept
classified. Please provide your valuable response to every question because your opinion
does matter to us.)

Part A
1. Age
years

a. 15-24 years
d. 45-54 years

2. Profession
Sector

b. 25-34 years

c.

35-44

e. 55 years and above

a. Student
d. Entrepreneur

b. Private Sector

c.

Government

e. Other______

3. Income level
a. less than Tk 5,000
b.
c. Tk 10,001 Tk 20,000
d. Tk 20,001 Tk 30,000

Tk

5,001

Tk

10,000

e. More than 30,000

4. When you go for buying energy drink which name come to your mind first?
a. BIG BOSS
b. TIGER
c. SPEED
d. BLACK HORSE e. POWER
5. How often do you buy any energy drink?
a. Daily
b. Once a week
once week
d. Once a month

c. More than
e. Never

6. Where
do
you
live
in
------------------------------------------------------------------------------------

Dhaka

Part B
(Price related)
Please tick on the box below each question that represents: 1= Strongly
Agree, 2= Agree, 3= Neutral, 4= Disagree, 5= Strongly Disagree
1
7.

5
Sales of BIG BOSS is increasing day by day

2
1

3
1

8. Price of BIG BOSS is higher compared to other energy drinks.


9. Price is justified according to the quality.
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10.Reduction of price will lead to higher demand.

11.BIG BOSS has value for money.


12.BIG BOSS should lower its price.
Part C
(Promotion related)
Please tick on the box below each question that represents: 1= Strongly
Agree, 2= Agree, 3= Neutral, 4= Disagree, 5= Strongly Disagree
1

5
13.The advertisements of BIG BOSS are attractive.
14.Price discounts should be offered to customers and retailers.
15.BIG BOSS needs a celebrity to endorse the brand.
16. BIG BOSS should broadcast TV commercials on a regular basis.
17.TV commercials are adequate to attract more customers.
18.Retailers should be offered more discounts to increase sales.
19.Customers should be offered more discounts to increase sales.
20.Target market should be solely youth basis.

Thank you

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