Professional Documents
Culture Documents
Section A
A -- Group-1
Group-1
Ankush
Ankush Mittal
Mittal |Akhil
|Akhil Bhambri
Bhambri || Pooja
Pooja Sharma
Sharma ||
Sriram
Sriram Venkatakrishnan
Venkatakrishnan || Viraj
Viraj Hede
Hede
Backgrou
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Research
Design
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Summary
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Background
Smirnoffs R&D team has prepared two new blends; claim to be superior
than the one already in market
Blind test of the two new blends vs the one in the market among
regular consumers of vodka needs to be done
Blind test to be done between Smirnoff drinkers and important
competition brand like Fuel and Magic Moments drinkers
Any of the two new blends to be considered for a change, if it comes out
to be significantly (at 95%) better than the current blend (with max 5%
sampling error)
Markets chosen for study: Delhi, Bangalore, Mumbai, Chennai and Kolkata
Backgrou
nd
Research
Design
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Attribute
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RESEARCH DESIGN
The research will be conducted with
sequential monadic exposure with 3
blends placed for consumption one
after the other and feedback will be
taken after each consumption
Males/Female
s in the age
group of 25
35 yrs
Consuming
vodka at
least twice a
week
Regular
consumer of
any one of
the three
brands
Smirnoff, Fuel
,Magic
Moments
Target Group
Sample
Size
760, each
person being
given 3 blends
for feedback
Thus there are
760 X 3 = 2280
data points as
feedback on the
vodka blends
Backgrou
nd
Research
Design
Objective
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Attribute
Primary
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Secondar
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Summary
Conclusio
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Action
Item
Can the Current Product (Control) be replaced by any of the two Test Products?
ACTION STANDARD: The Test Product has to be significantly better (at 90% or
95% Confidence level) in Overall Likeability and two of the other most important
attributes
Additionally, it should do better than Control among important sub-groups (at 90%
Confidence level)
Backgrou
nd
Research
Design
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Attribute
Primary
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Backgrou
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Research
Design
Objective
Attribute
Primary
Objective
Analysis
Secondar
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Objective
Analysis
Summary
Information - Attributes
Dependent:
5A_Attr1 : Overall Likeability of the vodka blend
Independent:
5A_Attr2 : Likeability of Aroma
5A_Attr3 : Likeability of Taste
5A_Attr4 : Likeability of Smoothness
5A_Attr5 : Likeability of Flavour
5A_Attr6 : Likeability of Throat-feel when the vodka goes down
5A_Attr7 : Likeability of After-taste
5A_Attr8 : Likeability of Mouth-feel when the vodka is sipped
Conclusio
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Action
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Backgrou
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Research
Design
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Conclusio
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Taste
Mouth Feel
1) Overall Likeability:
) Product 2: Control Product
Product 1 and Product 3: Test Products
) We consider the summation of the 9th and
10th rating of all the three products and add
their respective errors.
Hence we get
percentage ranges for the products. If
overlap found with 95% confidence level,
we try with 90%.
) If there is no overlap between the ranges of
product 1 and 2, Product 1 can be
Backgrou
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Research
Design
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Attribute
Primary
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Analysis
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Summary
Conclusio
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Action
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For Product 1:
23.8% + 12.0% = 35.8%
Error at Confidence level
95% with N = 760
1.96 * sqrt (0.36 * 0.64 / 760) =
3.4%
Range : 35.8% + 3.4% = 39.2%
35.8% 3.4% = 32.4%
Range = 32.4% to 39.2%
For Product 3:
17.9% + 11.2% = 29.1%
Error at Confidence level 95%
with N = 760
1.96 * sqrt (0.29 * 0.71 / 760) =
3.2%
Range : 29.1% + 3.2% = 32.3%
29.1% 3.2% = 25.9%
Range = 25.9% to 32.3%
Backgrou
nd
Research
Design
Objective
Attribute
Primary
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Analysis
Secondar
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Summary
Conclusio
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Action
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For Product 1:
23.8% + 12.0% = 35.8%
Error at Confidence level
90% with N = 760
1.645 * sqrt (0.36 * 0.64 / 760)
= 2.8%
Range : 35.8% + 2.8% = 38.6%
35.8% 2.8% = 33%
Range = 33% to 38.6%
For Product 3:
17.9% + 11.2% = 29.1%
Error at Confidence level 90%
with N = 760
1.645 * sqrt (0.29 * 0.71 / 760) =
2.7%
Range : 29.1% + 2.7% = 31.8%
29.1% 2.7% = 26.4%
Range = 26.4% to 31.8%
Backgrou
nd
Research
Design
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Primary
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Summary
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Action
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For Product 2:
17.4% + 13.3% = 30.7%
Error at Confidence level
95% with N = 760
1.96 * sqrt (0.31 * 0.69 / 760)
= 3.2%
Range : 30.7% + 3.2% =
33.9%
30.7% 3.2% =
27.5%
Range = 27.5% to 33.9%
Backgrou
nd
Research
Design
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Attribute
Primary
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Secondar
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Summary
Conclusio
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Action
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For Product 2:
17.4% + 13.3% = 30.7%
Error at Confidence level
90% with N = 760
=1.645 * sqrt (0.31 * 0.69 /
760) = 2.8%
Range : 30.7% + 2.8% =
33.5%
30.7% 2.8% =
27.9%
Range = 27.9% to 33.5%
Backgrou
nd
Research
Design
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Attribute
Primary
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Analysis
Secondar
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Summary
Conclusio
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Action
Item
For Product 1:
20.9% + 9.6% = 30.5%
Error at Confidence level
95% with N = 760
1.96 * sqrt (0.31 * 0.69 / 760) =
3.2%
Range : 30.5% + 3.2% = 33.7%
30.5% 3.2% = 27.3%
Range = 27.3% to 33.7%
For Product 3:
16.7% + 11.4% = 28.1%
Error at Confidence level 95%
with N = 760
1.96 * sqrt (0.28 * 0.72 / 760) =
3.2%
Range : 28.1% + 3.2% = 31.3%
28.1% 3.2% = 24.9%
Range = 24.9% to 31.3%
Backgrou
nd
Research
Design
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Attribute
Primary
Objective
Analysis
Secondar
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Summary
Conclusio
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Action
Item
For Product 1:
20.9% + 9.6% = 30.5%
Error at Confidence level
90% with N = 760
1.645 * sqrt (0.31 * 0.69 / 760)
= 2.7%
Range : 30.5% + 2.7% = 33.2%
30.5% 2.7% = 27.8%
Range = 27.8% to 33.2%
For Product 3:
16.7% + 11.4% = 28.1%
Error at Confidence level 90%
with N = 760
1.645 * sqrt (0.28 * 0.72 / 760) =
2.6%
Range : 28.1% + 2.6% = 30.7%
28.1% 2.6% = 25.5%
Range = 25.5% to 30.7%
Backgrou
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Research
Design
Objective
Attribute
Primary
Objective
Analysis
Secondar
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Objective
Analysis
Summary
Conclusio
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Action
Item
Cross Tab Analysis is also done on the less important attributes, i.e. Aroma, Smoothness, Flavour
and Throat-Feel
Aroma, Confidence Level =
95%
Smoothness, Confidence
Level = 95%
Backgrou
nd
Research
Design
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Attribute
Primary
Objective
Analysis
Secondar
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Objective
Analysis
Summary
Conclusio
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Action
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Cross Tab Analysis is also done on the less important attributes, i.e. Aroma, Smoothness, Flavour
and Throat-Feel
Flavour, Confidence Level =
95%
From R value we could interpret that there is a strong positive corelation between dependent & independent variable.
R-Square value I high, indicating that independent variable is able
to explain larger portion of dependent variable.
Observing Sig. value we could conclude that all attributes except attribute 7 (Likeability of After-taste) drive the
overall performance of Vodka.
Backgrou
nd
Research
Design
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Attribute
Primary
Objective
Analysis
Secondar
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Analysis
Summary
Conclusio
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% Impact
9%
10%
30%
12%
18%
Q5A_att3
Q5A_att8
Q5A_att2
21%
Q5A_att4
Q5A_att6
Q5A_att5
Action
Item
Sig. (0.000) < 0.05, there is no correlation between variables and thus we can do factor analysis
KMO Sampling adequacy is .945 ( ie. >0.5), we can conclude that sample size is adequate.
We can interpret that by having single factor, 78.3 % variance of dependent variable could be explained by
independent variables
Backgrou
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Research
Design
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Attribute
Primary
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Analysis
Secondar
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Summary
Conclusio
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In order to improve the total variance explained, we have considered number of factors as 3.
KMO Sampling adequacy is .945 ( ie. >0.5), we can conclude that sample size is adequate.
We can interpret that by having three factor, 88.4 % variance of dependent variable could be explained by
independent variables
Action
Item
Backgrou
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Research
Design
Objective
Attribute
Primary
Objective
Analysis
Secondar
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Objective
Analysis
Summary
Conclusio
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Action
Item
LikeabilityofTaste
LikeabilityofFlavour
LikeabilityofAfter-taste
LikeabilityofMouth-feel
Experie
nce
Senses
LikeabilityofSmoothness
LikeabilityofThroat-feel
when the vodka goes down
Aroma
LikeabilityofAroma
Backgrou
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Research
Design
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Attribute
Primary
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Analysis
Secondar
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Summary
Conclusio
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Factor Analysis
Action
Item
Background
Objective
Primary
Objective
Analysis
Attribute
Secondary
Objective
Analysis
Summary
Conclusion
Action Item
If the purchase intention is taken as a categorical variable (YES / NO), can it be predicted
in future, by reading some of the ratings of the attributes only? How?
Possible to predict the
purchase intention for a case
if information/ratings of the
attributes are available for
that case.
Predict group membership of
a case.
Purchase intention
A predictive model built using
ratings of the attributes will
classify and put the case in
appropriate group.
Two categories - Yes or No
Discriminant function
analysis.
Discriminant Analysis used
continuous variables as input
and gives the output of
Variable
Background
Objective
Primary
Objective
Analysis
Attribute
Secondary
Objective
Analysis
Summary
Conclusion
Action Item
Test in SPSS
Test in SPSS
Sig.
Q2A
Q3A
Q5A_att2
Q5A_att3
Q5A_att4
Q5A_att5
Q5A_att6
Q5A_att7
Q5A_att8
.797
579.505
1
.727
856.331
1
.683
1057.337
1
.726
860.431
1
.733
829.545
1
.720
883.702
1
.742
791.519
1
.718
896.497
1
Eigenvalues
Funct Eigenv % of
Cumula Canonic
ion
alue Varianc tive %
al
e
Correlati
on
a
1
.592
100.0
100.0
.610
Wilks' Lambda
Wilks'
Lambda
Chi-square
df
Sig.
.628
1057.567
.000
2278
2278
2278
2278
2278
2278
2278
2278
.000
.000
.000
.000
.000
.000
.000
.000
.000
Functio
n
1
.089
.110
.226
Q2A
Q3A
Q5A_att2
Q5A_att3
Q5A_att4
Q5A_att5
Q5A_att6
Q5A_att7
Q5A_att8
.365
.139
.037
.201
-.056
.137
Classification of cases
Once we have computed the classification scores for a case, it is easy
to decide how to classify the case: in general we classify the case as
belonging to the group for which it has the highest classification
score. Thus, if we are to find if a person is going to buy a vodka
brand, we could put in the values of variables in the classification
functions to predict what each is most likely to do with a vodka blend
show intention to buy or not buy.
Backgrou
nd
Research
Design
Objective
Attribute
Primary
Objective
Analysis
Secondar
y
Objective
Analysis
Summary
Conclusio
n
Can the Current Product (Control) be replaced by any of the two Test Products?
We considered Overall Likeability as 1 attribute & compared to all three products, we
found
We could not launch the new blend with 95% confidence BUT
We could launch the product with 90% confidence
We considered taste as 1 attribute & compared to all three products, we found
We could not launch the new blend under both the confidence level ( 90% and 95%).
We considered mouth feel as 1 attribute & compared to all three products, we found
We could not launch the new blend under both the confidence level ( 90% and 95%).
Action
Item
Backgrou
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Research
Design
Objective
Attribute
Primary
Objective
Analysis
Secondar
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Objective
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Summary
Conclusio
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Action
Item
Backgrou
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Research
Design
Objective
Attribute
Primary
Objective
Analysis
Secondar
y
Objective
Analysis
Summary
Conclusio
n
If the purchase intention is taken as a categorical variable (YES / NO), can it be predicted in
future, by reading some of the ratings of the attributes only? How?
We have done discriminant analysis and divided into grouping variables
We have found that it is Possible to predict the purchase intention for a case if ratings of the attributes are
available
Action
Item
Backgrou
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Research
Design
Objective
Attribute
Primary
Objective
Analysis
Secondar
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Objective
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Summary
Conclusio
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We wouldnt be launching the product on 95% confidence level as the cross tab analysis show
none of the two products when tested for all attributes are significantly better in Overall
Likeability than the existing product.
We could launch the product on 90% confidence level as the cross tab analysis show no
overall with the two product in case of overall likeability.
We have only considered rating 9 & 10 as they are generally acceptable by the customer.
Even when Eigen value is less than 1 for other 2 factors, in order to improve the total
variance explained ,we have taken 3 factors
The data given is for region wise but we have not concentrated on that as we wanted to have
a study of the market on a broader sense rather than changing the blend of the product
region-wise
Action
Item