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MEANING OF RESEARCH:
PROBLEM FORMULATION:
Marketing Problem:
To conduct a feasibility study for opening up a Domino's Pizza outlet at IIT Kanpur
campus.
To estimate the potential market for a fast food joint like Domino's Pizza
OBJECTIVE:
To understand the parameters that are important to customers when eating out
To understand the perception about Domino's Pizza in the minds of IIT Kanpur
students
CONCEPTUAL Vs EMPIRICAL:
Conceptual research is related to certain ideas or theory. It is generally used by philosophers
and thinkers to develop new concepts or to reinterpret existing ones. Empirical research lies on
experience or observation alone without due regard for system and theory. And it is data based
research coming up with conclusions which are capable of being verified by observation or
experiment.
INTRODUCTION:
IITK houses 3500 students,(90% males)
Hall canteens
Campus restaurant
Shopping complex
CC Canteen
IME canteen
MT
QUANTATIVE Vs QUALITATIVE:
METHODOLOGY ADOPTED:
Phase I: Qualitative study:
Price Sensitivity
Regional Preferences
Conveyance
Methodology for Data Analysis: After Data have been collected from a representative
sample of the population, the next step is to analyze them to test the research hypothesis
Questionnaire
Tool: MS Excel
SSPS
Frequency Calculation
Simplicity in explaining the problems that occur, and in generalizing solutions for
the problems, is always preferred to complex research frameworks that consider an
unmanageable number of factors.
Example
O p in io n o f t h e F o o d in t h e c a m p u s
0%
4% 3%
V e ry G o o d
G ood
A ve r a g e
45% 48%
B ad
V e ry B a d
C a n 't s a y
13%
No
Y es
19%
No
C a n 't s a y
Y es
68%
Alternative Hypothesis
Taste (83%)
Variety (50%)
Service (47%)
Price (38%)
Ambience (24%)
37%
U nder P ric ed
E c onom ic ally P ric ed
54% O ver P ric ed
9%
> 45
31-45 9% 0-15
11% 32%
0-15
16-30
31-45
> 45
16-30
48%
Location:
L o c a t io n P r e f e r e n c e
G TR o a d
11% 3% 16% P a rk
7%
M T
3%
S h o p p in g C e n t e r
30% A c a d e m ic A re a
30%
SAC
O th e r
Expenditure
31-45 20 80 0 100
>45 0 60 40 100
51300
Although care was taken that the sample is a representation of IIT Kanpur residents in
terms of sex, under-graduates, post-graduates it may not be the true representation of
the population.
The sample size was not statistically computed but was chosen on the discretion of the
group.
The group assumed that the respondent would rationally and patiently fill up the
questions. Since there were no incentives given for filling up the questionnaire our
assumption might not be valid.
Conclusion:
Before any Research is undertaken, there should be an agreement between the person who
authorizes the study and the research as to the problem to investigated, the methodology to be
used, the duration of the study, and its cost. This research Process has been done basically
contains the following details.
Research Analysis Report
On
Customer Perception on Domino’s Pizza
By
Parthiban.R
MBA-B
Reg No.:0929123