A STUDY IN UNDERSTANDING THE FACTORS INFLUENCING PENETRATION LEVELS OF BRANDED MASALAS IN SELECTED CITIES IN TAMIL NADU

Authors

  • 1Govinda Biswas, 2Dr.T.R.Kalailakshami Author

Abstract

This study investigates the intricate factors that influence the penetration levels of branded masalas in selected cities within Tamil Nadu, India. Masalas, essential ingredients in Indian cuisine, play a significant role in culinary culture and consumer preferences. Understanding the dynamics of penetration levels is crucial for brands seeking to establish a strong foothold in this competitive market. The research employs a quantitative approach, utilizing survey data collected from consumers across various demographic segments. Key factors analyzed include price, quality, variety, and health consciousness. Statistical methods such as chi-square tests and regression analysis are employed to discern the relationships between these factors and penetration levels. The findings reveal significant associations between price, quality, variety, health consciousness, and penetration levels, highlighting the importance of these factors in shaping consumer behavior and market penetration. The study provides valuable insights for marketers and policymakers, offering recommendations for optimizing pricing strategies, enhancing product quality, diversifying product variety, and promoting health-conscious attributes to maximize market penetration and competitiveness. By understanding and addressing these factors, brands can effectively navigate the complexities of the branded masala market in Tamil Nadu, ultimately driving sustainable growth and success. However, further research is warranted to delve deeper into consumer perceptions and preferences, as well as to explore the effectiveness of various marketing strategies in influencing penetration levels in this dynamic and culturally diverse market landscape.

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Published

2024-07-30

Issue

Section

Articles

How to Cite

A STUDY IN UNDERSTANDING THE FACTORS INFLUENCING PENETRATION LEVELS OF BRANDED MASALAS IN SELECTED CITIES IN TAMIL NADU. (2024). International Journal of Central Banking, 20(1), 563-577. https://ijocb.com/index.php/IJCB/article/view/38