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Overview: Identification of 2 FMCG Products. Survey and data collection. Cluster Analysis using SPSS Package. Segmentation process. Targeting Specialized Segment.
Identification
Two identified FMCG Products :
Toothpaste Shampoo
of Survey : (i) Variable identification and initial survey, (a) Personal Interviews (b)Telephonic Interviews
(ii) Survey and data collection for doing Cluster analysis & Segmentation
Surveyed
Flavours Product appearance Colour, Gel form Granules Whiteness of teeth Price Worries Ingredients Extracted From Freshness
Anti Dandruff Shine Suited Exclusively For Your Type Of Hair Ingredient Hair fall control Price Added Features Conditioning
Survey and data collection from 200 people through questionnaire in DURGAPUR
How do you rate the following variables? (Tick the appropriate box) Tooth paste:
(ii)
(ii)
Pink
Mixture of White with other shades Red Gel Blue Gel Green Gel
Granules (i) Micro Granules (ii) Crystal Granules (iii) Calcium Granules Whiteness of teeth (i) High (ii) Medium (iii) Low
Worries
(i)
(ii) (iii) (iv) (v) (vi) (vii)
Decay /Cavity
Foul Smell Tooth Ache Root Caries Germ Protection Stains & Spots Gum Bleeding
Clust er serial No 1 2 3 4 5 6 7 8 9 10
flavour
Whitenes s of Teeth
colour
Gel form
Granule form
Extracte d from
Price
Worries
Ingredients
Product Appearanc e
3 4 5 4 5 4 4 5 3 3
5 5 3 4 5 4
5 3 3 5 5 5
5 5 5 5 5 5
5 4 4 5 5 4
3 4 5 3 2 1
5 5 5 5 5 5
5 5 5 4 5 5
5 5 5 5 3 4
3 3 3 4 2 4
5
5 3 3
5
4 3 5
5
5 5 2
5
5 5 5
5
4 2 4
5
5 5 5
4
5 5 3
4
5 5 4
2
1 5 3
Cluster serial No
flavour
colour
Gel form
Granul e form
Extract ed from 2 1 1 3 4 3 2
Price
Worrie s
Ingredi ents
15
16 17 18 19 20 21 22 23 24 25 26 27 28 29
5
5 5 5 5 4 5 4 5 5 5 4 5 4 5
5 5 5 3 4 5 5
5 5 5 5 5 2 4
5 5 5 4 5 5 5
5 5 5 5 5 5 5
5 5 5 4 4 5 3
5 5 5 5 5 5 5
3 3 4 3 2 2 2
4
4 4 4 5 4 3 4
4
5 5 5 4 5 1 4
5
5 5 5 5 3 5 5
5
5 5 5 5 4 2 5
2
3 1 2 3 4 1 5
5
5 5 5 5 5 5 5
4
4 4 4 5 5 5 5
3
4 3 3 4 2 3 3
2
2 1 2 2 1 1 2
flavour
Produ ct
appear ence
colour
Gel form
Pric e
Worr ies
31 32 33 34 35 36 37 38 39 40 41 42
5 4 4 4 4 5 5 5 3 5 5 5
5
5 5 5 5 5 4 5 5 5 5
3
3 5 2 5 1 5 1 4 4 5
3
5 3 4 2 3 4 2 3 4 1
3
1 3 3 4 3 2 2 2 2 2
5
3 4 4 5 5 4 5 4 4 3
4
4 5 5 5 5 4 5 4 4 4
1
2 4 2 5 4 5 3 3 4 3
2
1 3 1 4 4 4 4 4 1 1
3
2 1 5 4 2 4 1 4 3 2
Cluster serial No 2 46 5 47 5 48 4
flavour 5 2 5 5 5 5 5 5 3 5 4 4 4
colour
5
Gel form 4
Granul e form 5
Extract ed from
Price 5 5 5 4 5 5 4 4 4 4
Worrie s 4
Ingredi ents 2
5
5 5 5 5 3 5 4 4 4 4 4 3 4 4
5 5 4 5 5 3 3 3 3
1
5 5 4 5 5 3 3 3 3 3 4 5 3 3
4 5 5 5 5 5 5 4 5
5
4 5 5 5 5 5 5 4 5 5 5 4 4 5
3 4 2 4 1 4 3 2 1
4
3 4 2 4 1 4 3 2 1 1 3 3 2 3
5 4 4 5 5 5 5 5 5
5
5 4 4 5 5 5 5 5 5 5 5 5 5 5
5
5 5 4 5 5 4 4 4 4 5 5 5 5 4
3 3 3 4 2 3 4 3 3
4
3 3 3 4 2 3 4 3 3 4 2 3 3 4
4 4 4 4 1 2 2 1 2
2
4 4 4 4 1 2 2 1 2 2 1 1 2 1
4 3
3 2 2 2 2 2 2 2 2 2 2 1 1 2 2 2 2 2 2 4 4 3 3 2 2 2 2 2
49 5
50 5 51 4 52 4 53 5 54 5 55 5 56 5 57 4 58 4 59 4 60 5
4
5 5 4 4 5 5 5 5 4 4 4
4
4 3 4 4 5
3
4 5 3 3 4
5
5 4 4 5 4
1
3 3 2 3 1
5
5 5 5 5 5
5
5 5 5 4 5
4
2 3 3 4 4
2
1 1 2 1 1
Shine
Suited hair
In gradients
Conditionin g
price
Added features
5 3 4 4 3 5 5 4 3 5 5 4 4
5 5 4 5 5 5 5 5 5 5 5 5 5
5 5 4 5 5 5 4 5 5 4 5 5 4
5 5 5 5 5 5 3 3 5 4 5 4 4
5 4 5 5 5 5 3 3 5 3 5 4 5
5 5 5 4 5 5 5 5 5 5 5 4 4
3 3 3 4 5 5 4 4 5 5 5 3 4
Cluster serial No
16 17 18 19 20 21 22 23 24 25 26 27 28 29
Anti dandruf f
Shine
Suited hair
In gradients
Conditioni ng
price
Added features
3 4 3 5 4 5 4 3 4 3 4 2 4 5
4 4 4 5 4 4 3 4 4 3 4 4 3 4
5 5 5 5 5 5 5 5 5 5 5 5 5 4
5 5 5 5 5 4 4 5 5 5 5 4 4 4
4 3 5 5 4 3 5 4 4 4 4 4 3 3
4 3 4 5 3 3 3 3 3 3 4 5 3 3
5 5 5 5 5 5 5 5 5 5 5 5 5 5
4 4 4 3 3 4 4 4 4 4 4 4 4 4
Cluster serial No
31 32 33 34 35 36 37 38
Anti dandruff 4 2 5 3 4 4 5 4
Shine
Suited hair 2 2 4 4 5 5 5 1 5 4 3 5 4 5 3 5
In gradients 3 4 2 5 3 3 2 3
Conditioni ng 4 5 5 5 5 5 5 3
price
Added features 4 4 4 5 4 4 4 4 5 4 3 5 4 5 3 5
39
40 41 42
5
5 5 5
5
4 2 4
5
3 4 4
5
5 3 2
5
5 4 1
4
4 5 4
4
5 3 5
5
3 4 3
43
Cluster serial No
46 47 48 49 50
Anti dandruff 5 5 5 4 5
Shine
Suited hair 2 1 1 3 3 5 5 4 5 4
In gradients 2 4 3 3 5
Conditio ning 5 4 5 5 5
price
Added features 4 3 4 3 5 2 3 4 3 3
51
52 53 54 55 56 57 58 59 60
3
1 3 3 4 3 2 2 2 2
5
3 4 4 5 5 4 5 4 4
5
5 5 4 5 4 5 5 5 5
4
4 4 5 4 3 4 4 5 4
5
5 5 4 5 1 4 4 5 5
5
5 5 5 3 5 5 5 5 5
5
5 5 5 4 2 5 5 5 5
4
2 3 4 4 3 4 4 3 4
CLUSTERING
Clustering means classifying objects into homogeneous groups. The result of these data analysis in SPSS Package results into Clustering.
Cluster No.
Cluster 1
Toothpaste
1 -26,28-30,35, 47,49
Shampoo
1-30,3436,39,40,50,51,5 3-55,57-60
Cluster 2
Cluster 3
27,
31,38,41,45-49
Cluster 4 Cluster 5 45 43
MARKET SEGMENTATION
Definition
Dividing a market into distinct groups with distinct needs, characteristics, or behavior who might require separate products or marketing mixes. Dividing a big heterogeneous market into small homogenous unit.
Selected those segments which offer higher potential and which will also be tactible to the offering of the firm
Toothpaste
Cluster serial No flavo ur White ness of Teeth
colo ur
Gel form
Granul e form
Price
Worrie s
Ingred ients
Clust er 1
Clust er 2 Clust er 3
MH
MH
MH
MH
ML
MH
MH
MH
MH
ML
MH
ML
Clust er 4
Clust er 5
ML
ML
MH
MH
MH
ML
MH
MH
ML
MH
Shampoo
Cluster serial No
Anti dandruff Shine Suited hair In gradients hair fall control Conditioning price Added features
H MH ML H H
MH ML ML MH L
H MH MH MH ML
H ML MH ML H
MH M MH H H
MH MH H MH H
MH
MH MH MH M MH M H M
According to our variables priorityWhiteness Freshness Gel form Price Granules Worries Product appearance Flavour Ingredient extracted from colour
According to our variables priorityAntidandruff Hair fall control Conditioning Shine Suited for hair Price Added features Ingredients
TARGETING SEGMENTS :
Targeted
CONCLUSION:
Through
this clustering and segmentation process we came to know the segments most suitable for our selected products . Targeted the specific segments.