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Rural Areas
Submitted By
SAYAN KUNDU
Roll No: 15025
CALCUTTA BUSINESS SCHOOL
(Approved By AICTE, Govt. Of India)
Faculty Guide
Name: Prof. Suman Kumar Dawn
ACKNOWLEDGEMENT
The accomplishment of my project was possible only due to the cooperation, coordination and
the united efforts of different individuals, several sources of material, knowledge and time. . I
would like to express my deepest gratitude to Dr.Suman Kumar Dawn whose contribution in
stimulating suggestions and encouragement helped me to learn and complete the project.
The moving spirits behind this research has been all mentioned above, without whose constant
encouragement and support this project would not have seen a successful outcome.
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CONTENTS
Introduction
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Introduction
Ayurveda means knowledge of life and is about 5000 years old traditional Indian system of medicine.
Ayurveda is a system, which avail the essential fundamentals of nature, to maintain health in a person by
preserving their mind, body and spirit in adept equanimity with nature. Natural remedies have immense
applications globally. Ayurveda sees health and disease in holistic terms. It links the microcosm of individuals
with the cosmos. It takes into account the relationship between energy and matter. This system of healing believes
in treatment of not just a part affected by disease but the individual as a whole.
Consumer perception is
Defined as the way that consumers usually view or feel about certain products and services. It can also be related
to customer satisfaction which is the expectation of consumers towards the product Ayurveda has been recognized
by WHO as complete system of natural medicine. The crude drugs
Have therapeutic benefits significant for both humans and animals.
Meghas Herbo Care was formed by Dr.Velayudhan alias Mani a great friend of nature and Ayurveda started in
2003 as a fledging pharmacy. Today it is one of the largest manufactures of Ayurveda medicine with a formidable
presence all over Kerala. The dynamic leadership of Dr. Velayudhan, complemented by the energetic drive of his
team of young enthusiastic professional has taken Meghas Herbo Care Ayurvedic Pharmacy to new heights.
The philosophy behind the inception was to serve the humanity through Ayurveda. Realizing the importance of
standardization of medicines and modernization of production, Meghas Herbo care looks the significant step of
updating the technology of the existing pharmacy and establishing a private limited company. Meghas Herbo
Care at Varode, Palakkad district of Kerala is creditable that it obtained the Good Manufacturing Practice (GMP)
certification from the government of Kerala with in short span of its operation.
The study deals with the consumers perception towards ayurvedic products
The problem was to study the consumer perception and to analyze the different attitudes or motivation for buying
ayurvedic products.
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Review of Literature
1. In their study Chowdhury, Ahmed and Huda (2007), states that perceived quality has significant impact
on customer perceived value, and it is needless to say that consumer perceived value acts as a prerequisite
for consumer buying motive.
2. The study conducted by Nair and Prakash (2007), states that Understanding consumption decision of
consumers is a key to success of any business. Business organizations are spending billions of dollars to
know consumers attitudes, motivation to purchase and future behavioral intentions of consumers.
3. According to the study conducted by Hawkins, Best, Coney and Mukherjee (2007), states that information
processing model have four major steps/stages. It starts with exposure followed by attention, interpretation
and lastly retention. The first three of these establish perception. They also states that all this take place
inside the mind or black box of the consumers simultaneously, and it changes from person to person.
Perception is highly subjective and therefore easily distorted. Moreover, perception is the meaning that an
individual attributes to the incoming stimuli that gathered through the five senses that are taste, smell,
touch, hearing and sight.
4. The study conducted by Akhtar et al. (2008) found that natural cosmetic sales are increasing with revenues
doubling every few year in Europe.
5. Joshi (2008) in his study observed that the perception of people in traditional medicine is optimistic and
emphasized the need to revive the system along the line of prevalent traditions and promote the usage of
herbal medicines.
6. In their study T.P. Hashim, M. Madhu and V.D.T (2009), states that quality control, prevention of
adulteration and other harmful chemicals is a challenge. It should be in minds that all that glitters are not
gold similarly all herbal products are not safe.
7. In the study conducted by Subrahmanian and Venkatesan (2011), suggested that awareness level towards
ayurvedic products was more among elderly men. Lack of facility and availability was a major hindrance
in the popularity of herbal products.
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Research Methodology
Research Design
The study was both descriptive and analytical in nature and data were collected from consumers by
administering questionnaire.
Sources of Data
Primary Source
Secondary Source
Secondary data were collected from the published records like broachers, official statements etc. Data
were also collected from books journals, magazines and websites.
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Objectives of the Study
Sample Design
A sample of 50 respondents was taken into account for the study. Convenience sampling was the sampling
technique used for this study.
Research
Systematic investigative process employed to increase or revise current knowledge by discovering new facts. It
is divided into two general categories:
(1) Basic research is inquiry aimed at increasing scientific knowledge.
(2) Applied research is effort aimed at using basic research for solving problems or developing new
processes, products, or techniques.
Research Techniques
Pie Chart
Bar Graph
The primary data is collected on the basis of survey method with the help of questionnaire, interview. Closed
end questions are used are in questionnaire.
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DATA ANALYSIS
Table 1
Age Group
Chart No.1
Age Wise Classification of Respondents
Interpretation
From the above table and graph it can be found that 36% of the consumers were aged between 15-30 years. 26%
of them were between 30-45 years. 20% of consumers were aged above 60 years. 14% of
Consumers were aged between 45-60 years. Only 4% of consumers belong to below 15.
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Table 2
Gender
Chart No.2
Gender wise classification of respondents
Interpretation
The table 2 and chart 2shows that 52% of the respondents were females and remaining 48 of respondents were
males.
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Table 3
Total 50
Chart No. 3
Interpretation
The above table and figure depicts that about 28% of the respondents were completed their
secondary education. 24% of the respondents were graduates. 22% of respondents were completed
their primary
Education. 16% of the respondents were post graduates and 10% of them were completed with
their higher secondary education.
Table 4
Better Medication
Total 50
Chart no.4
Chart Title
25
20
15
10
0
Rank 1 Rank 2 Rank 3 Rank 4 Rank 5
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Table 5
Weighted Average Rank Table Showing the Better Medication
Chart no. 5
Interpretation
The above tables shows the ranks of better medication. It can be seen that the first rank was given
to the Ayurveda that means most of the customers given their first preference to Ayurveda. The
second rank is for homeopathy. Alopathy was given third rank.
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Table 6
Total 50
Source Primary Data
Chart No.6
Number of Regular and Non Regular Customers
Interpretation
The table 6 and the above figure shows that about 96% of respondents were regular customers of
herbal products and only 4% of respondents were occasional customers.
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Table 7
Total 50
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Chart no.7
Interpretation
The table 7 shows that the first rank is given for the feature of goodness of Ayurveda. This shows
that most of the customers were purchasing the product because of the reason of goodness of
Ayurveda. The next rank is for quality and the customers are interested 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 sixth and seventh rank was given for quick
relief and other features respectively.
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Findings
o Out of the 50 respondents, most of the respondents (36%) were aged above 60 years. (14%)
of the respondents were aged in between 45-60 years and only (4%) aged below 15 years.
o Majority of the respondents were females (52%). Male respondents were only 48%.
o Most of the respondents (28%) completed their secondary education. 24 were graduates
and 10% of them were post graduates. 22% of them completed primary education and only
10% were secured higher secondary education.
o The main reason behind choosing the ayurvedic products by the customers was the
goodness of Ayurveda. The quality of medication also motivates consumers to buy
ayurvedic products.
The source of awareness about the products for majority of consumers was through word of mouth.
The notice also provokes sales.
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Suggestions
The organization can adopt
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Conclusion
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References
Akhtar S, Halim, MA, Sohel, MSI, Sarker, SK, Chowdhury, MSH & Sonet, SS, A review on the
use of non-timber forest products in beauty- care in Bangladesh, Journal of Forestry Research,
vol. 19 no. 1, , 2008 ,pp. 72-78.
Arya.V, Kumar.S & Kumar.S Consumer Buying Behavior towards Ayurvedic Medicines/Products
in Joginder.
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