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RAJANI.P
Assistant Professor
Department of Commerce
Introduction
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IRACST International Journal of Commerce, Business and Management (IJCBM), ISSN: 23192828
Vol. 5, No.6, Nov-Dec 2016
have therapeutic benefits significant for both special reference to Meghas Herbo Care
humans and animals. Ayurvedic Pharmacy, varode, Palakkad. The
problem was to study the consumer
Meghas Herbo Care was formed by
perception and to analyse the different
Dr.Velayudhan alias Mani a great friend of
attitudes or motivation for buying Meghas
nature and Ayurveda started in 2003 as a
Herbo Care products as well as to Ayurveda.
fledging pharmacy. Today it is one of the
largest manufactures of ayurvedic medicine Objectives of the Study
with a formidable presence all over Kerala.
To study the consumer perception
The dynamic leadership of Dr. Velayudhan,
towards Meghas Herbo Care
complemented by the energetic drive of his
products.
team of young enthusiastic professional has
taken Meghas Herbo Care Ayurvedic To give suggestions based on the
Pharmacy to new heights. findings of the study..
is creditable that it obtained the Good The area of study was Kottayi Grama
Manufacturing Practice (GMP) certification Panchayath, Palakkad District.
from the government of Kerala with in short
span of its operation. Sources of Data
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IRACST International Journal of Commerce, Business and Management (IJCBM), ISSN: 23192828
Vol. 5, No.6, Nov-Dec 2016
Primary data were collected from the purchase and future behavioural intentions
consumers by administering of consumers.
questionnaire.
3.According to the study conducted by
Secondary Source Hawkins, Best, Coney and Mookerjee
(2007), states that information processing
Secondary data were collected from the
model have four major steps/stages. It starts
published records like broachers, official
with exposure followed by attention,
statements etc. Data were also collected
interpretation and lastly retention. The first
from books journals, magazines and
three of these establish perception. They
websites.
also states that all this take place inside the
Sample Design mind or black box of the consumers
simultaneously, and it changes from person
A sample of 50 respondents was taken into
to person. Perception is highly subjective
account for the study. Convenience
and therefore easily distorted. Moreover,
sampling was the sampling technique used
perception is the meaning that an individual
for this study.
attributes to the incoming stimuli that
Review of literature gathered through the five senses that are
taste, smell, touch, hearing and sight.
1.In their study Chowdhury, Ahmed and
Huda (2007), states that perceived quality 4.The study conducted by Akhtar et al.
has significant impact on customer (2008) found that natural cosmetic sales are
perceived value, and it is needless to say that increasing with revenues doubling every few
consumer perceived value acts as a year in Europe.
prerequisite for consumer buying motive.
5.Joshi (2008) in his study observed that the
2. The study conducted by Nair and Prakash perception of people in traditional medicine
(2007), states that Understanding is optimistic and emphasised the need to
consumption decision of consumers is a key revive the system along the line of prevalent
to success of any business. Business traditions and promote the usage of herbal
organisations are spending billions of dollars medicines.
to know consumers attitudes, motivation to
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IRACST International Journal of Commerce, Business and Management (IJCBM), ISSN: 23192828
Vol. 5, No.6, Nov-Dec 2016
Results and Discussions From the above table and graph it can be
found that 36% of the consumers were aged
Table 1 between 15-30 years. 26% of them were
between 30-45 years. 20% of consumers
Age Group
were aged above 60 years. 14% of
AGEGROUP NUMBEROF PERCENTAGE consumers were aged between 45-60 years.
RESPONDENTS
Only 4% of consumers belong to below 15
BELOW15 2 4
YEARS years category.
1530YEARS 18 36
Table2
3045YEARS 13 26
4560YEARS 7 14 GenderWiseClassificationofRespondents
ABOVE60 10 20 GENDER NUMBEROF PERCENTAGE
YEARS RESPONDENTS
TOTAL 50 100 MALE 24 48
Source:PrimaryData FEMALE 26 52
TOTAL 50 100
Source:PrimaryData
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IRACST International Journal of Commerce, Business and Management (IJCBM), ISSN: 23192828
Vol. 5, No.6, Nov-Dec 2016
ChartNo..2
ChartNo.3
GenderWiseClassificationofRespondents
EducationalDetalsofRespondents
Interpretation
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IRACST International Journal of Commerce, Business and Management (IJCBM), ISSN: 23192828
Vol. 5, No.6, Nov-Dec 2016
Source:PrimaryData
Interpretation
ALOPATHY 5 19 24 2 0 50 NumberofRegularConsumers
Table5
WeightedAverageRankTableShowingthe ChartNo.6
BetterMedication NumberofRegularandNonRegular
Customers
RANKS 1 2 3 4 5 TOTAL RA
NK
FEATURES 5 4 3 2 1
AYURVEDA 195 32 6 2 0 235 1
ALOPATHY 25 76 72 4 0 177 3
HOMEOPATHY 25 88 60 6 0 179 2
UNANI 5 4 12 88 0 109 4
OTHER 0 0 0 0 0 0 5
MEDICATION
Interpretation
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IRACST International Journal of Commerce, Business and Management (IJCBM), ISSN: 23192828
Vol. 5, No.6, Nov-Dec 2016
RANKS RANK RANK RANK RANK RANK RANK RANK TOTAL
FEATURES 1 2 3 4 5 6 7
GOODNESS 23 8 10 2 1 6 0 50
OF
Out of 50
AYURVEDA
REASONABLE
respondents
4 10 15 13 5 3 0 50
PRICE most of the
GOOD 7 13 12 9 5 4 0 50 respondents
QUALITY (36%) were
QUICK 0 4 5 11 15 15 0 50 aged
RELIEF between 15-
EASY 4 3 5 10 16 12 0 50 30 years.
AVAILABILITY
26% of
NOSIDE 12 12 3 5 8 10 0 50
customers
EFFECTS
OTHERS
were aged
0 0 0 0 0 0 0 0
TOTAL
between 30-
50 50 50 50 50 50 0
45 years and
Source:PrimaryData
20% were aged above 60 years. 14%
Interpretation of respondents were in between 45-
60 years and only 4% aged below 15
The table 7 shows that the first rank is given years.
for the feature of goodness of Ayurveda.
This shows that most of the customers were
purchasing the product because of the reason
Majority of the respondents were
of goodness of Ayurveda. The next rank is
females (52%). Male respondents
for quality and the customers are interested
were only 48%.
in its quality also. The third rank was given
for the reasonable price. The absence of side
effects gets fourth rank and easy availability
of ayurvedic products gets fifth rank. The Most of the respondents (28%)
sixth and seventh rank was given for quick completed their secondary education.
relief and other features respectively. 24% were graduates and 10% of
them were post graduates. 22% of
Findings them completed primary education
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IRACST International Journal of Commerce, Business and Management (IJCBM), ISSN: 23192828
Vol. 5, No.6, Nov-Dec 2016
and only 10% were secured higher increase its area of operation and
secondary education. also to increase its commercial sales
Conclusion
The main reason behind choosing the The study was conducted to find out
ayurvedic products by the customers the consumers perception towards
was the goodness of Ayurveda. The
ayurvedic products with special
quality of medication also motivates
consumers to buy ayurvedic reference to Meghas Herbo Care
products. Ayurvedic Pharmacy. This pharmacy
is a GMP (Good Manufacturing
Practice) certified pharmacy. The
The source of awareness about the
products for majority of consumers consumers have good opinion about
was through word of mouth. The the products offered by the
notice also provokes sales.
pharmacy. The pharmacy keeps a
Suggestions good relationship between its
paper advertisements etc. to create satisfied with the products and would
consumers. others.
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IRACST International Journal of Commerce, Business and Management (IJCBM), ISSN: 23192828
Vol. 5, No.6, Nov-Dec 2016
[5]Hawkins, D. I, Best, J. R,
Coney, A. K, & Mookerjee.A
Consumer Behaviour-Building
Marketing Strategy (9th ed.).
2007,New Delhi: Tata McGraw-
Hill.
[6]Zimmerman.C&Kandish.J,A
pilot study to assess students'
perceptions, familiarity, and
knowledge in the use of
complementary and alternative Authors Profile
Presently working as an Assistant Professor in Department of Commerce , Sree Narayana College
Alathur, Affiliated to University of Calicut. I have 5 years and 8 months teaching experience. Now my
pursuing Phd in Mahatma Gandhi University Kottayam. I have published 12 articles in various national
journals and 6 articles in International Journals. My research interest is in the area of tourism.
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