A study on consumer behavior of farmers reguarding selected brands
Introduction of NFL • NFL Plant estb. in 1956 as Nangal fertilizers & chemicals ltd(NFCL). Main consideration regarding its location: II. Upgrading the area III. Employment opportunities IV. Availability of electricity & water
NFL • Second largest producer of fertilizer in India • Based on electrolysis of water • Production of 35.49 MTPD of urea • Produce heavy water used in atomic reactors as moderators • Well equipped R&D,searching the alternatives of petrol using H2 and methanol
Products • • • • • • • • •
Liquid oxygen Liquid nitrogen Nitric acid Ammonium nitrate Methanol Industrial sulphur Sodium nitrate Carbon dioxide Urea( prills)
NFL operating plants Naya Nangal(Punjab) Bathinda(punjab) Panipat(Haryana) Vijaypur(Madhya pradesh)
Corporate Objectives • • • • • •
Productivity Marketing & consumer service Organizational growth Research & development Obligations to society Maintaining sphere of influence
Competitive Structure
Objectives of study • A Study On Consumer Behavior Of farmers Regarding Selected Brands Of Urea with special Reference To Kisan Urea 3. consumption behavior of farmers 4. satisfaction level of consumer 5. perception of consumer
Research Methodology • • • • • •
Research design Data collection universe Population Sampling Unit Sample Size
Data analysis
40 35 30 25 20 15 10 5 0
C
an ti ty
Q u
fa c
re di t
al it
y
il it y
Percentage
Q u
P ri ce
Response
Showing the factor affects more to purchase NFL product
Influential factor Factors influencing farmers 70 60 50 40
Number of Response
30
Percentage
20 10
r N ew sp ap e
TV
C om pa ny
D ea le r
0
Yes
R IB H K
R C
F
C O
No
N FL
FC O
120 100 80 60 40 20 0 IF
Number of Respondents
Showing credit facility given by different brands
Term of credit facility
20 15
For six months
10 For one year
5 F R IB H C O
K
R C
N F L
F C O
0 IF
Response
Term of credit facility
For more than one year
Satisfaction with credit facility 25 20 15
Yes
10 5 0 H C O K R IB
R C F
L N F
C O
No
IF F
Number of Respondents
Credit facility satisfaction
Highly Satisfied Satisfied Indifferent
C O
F
R IB H
K
R C
L
Dissatisfied N F
F
C O )
18 16 14 12 10 8 6 4 2 0 IF
Response
satisfaction level regarding performance of company’s Product
Highly Dissatisfied
Expectation of farmers towards their company 18 16 14 12
IFFCO)
10
NFL
Source: Field work
8
RCF
6
KRIBHCO
4 2 0 By reducing price By improving quality By making available By giving discount at suitable places
a
ro
n
m o
ti ty
ti o
a Q u
p
Q u
S
a
le
s
e
P
NFL Your brand
n
li ty
30 25 20 15 10 5 0
ri c
Resp[ondents
Preference of NFL w ith IIFCO
Comparision of NFL with RCF
Comparision of NFL with KRIBHCO 30
25
25
20
20 15
NFL Your brand
10
NFL
15
Your brand
10
5
5
0
0 Price
Quality
Quantity
Sales promotion
Price
Quality
Quantity
Sales promotion
Orientation towards other brands
Responses
90 80 70 60 50 40
Yes No
30 20 10 0 IFFCO
RCF
KRIBHCO
Sales promotion activities by IFFCO
Sales promotion activities by RCF 60
45 40 35 30 25 20 15 10 5 0
50
Number of Respondent
40
Percentage
30
Number of Respondent Percentage
20 10
oil tes tin g
An yo the rs An yo the rs
fac il
ity
e es Fre
Any others
Percentage
na lp ro g ram m
Educational Free soil programme testing facility
Number of Respondent
Ed uc ati o
Credit facility
70 60 50 40 30 20 10 0 Dis co un t Cr ed it f ac ility
Response
Percentage
Discount
Fre
Sales promotion activities by KRIBHCO
sales promotion activity carried out by company 50 45 40 35 30 25 20 15 10 5 0
e fa c ili ty
me Ed u. pro gra m
Dis cou nt Cre dit fac ility
An yo the rs
ty g fa cili soi l te stin
Fre e
Ed uca t
ion al p ro g ram m
e
Dis co
unt Cre dit fac ility
0
Swot Analysis • Strengths 2. Excellent track record in terms of profit & productivity 3. Competent & qualified personnel 4. Educated trade union. 5. Experience of 35 years in production & trading • Weaknesses 7. Seasonal requirement 8. Utilization of resources
•
2. 3. • •
7. 8.
•
Opportunities Increasing national & international demand for Urea Increasing awareness among people for use of fertilizers Threats 1. Import of fertilizers from china Cost of product quite higher than others Well established competitors like KRIBHKO, RCF, IFFCO etc
Conclusion • With respect to other companies • • • • • •
Satisfied with NFL’s quality product Availability of kisan urea relevant Credit facility Prices are quite higher Poor commercial advertising of product Transportation needs help