Evaluation of Entry into Ice cream Business - BRAC University ...
Evaluation of Entry into Ice cream Business - BRAC University ...
Evaluation of Entry into Ice cream Business - BRAC University ...
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Consumer Visit:<br />
To understand consumer perception about ice <strong>cream</strong> and current industry, focus target groups <strong>of</strong> ice<br />
<strong>cream</strong> were identified and group discussions were conducted with them. The groups were:<br />
� Urban kids in the age group <strong>of</strong> 5-14:<br />
� Informal discussions with 10 kids regarding their perception <strong>of</strong> ice <strong>cream</strong> and how their<br />
parents influence their ice <strong>cream</strong> consumption.<br />
� Urban youth in the age group <strong>of</strong> 15-24<br />
� Two group discussions were conducted students <strong>of</strong> IBA and NSU, each consisting <strong>of</strong> 10<br />
members.<br />
� Urban mothers in the age group <strong>of</strong> 25-35<br />
� Two group discussions were conducted with mothers at Green Herald Int’l School and Rifles<br />
Public School.<br />
1.4.2 Secondary Research:<br />
Secondary research sources provided useful insight <strong>into</strong> background and upcoming issues <strong>of</strong> global<br />
and Bangladesh ice <strong>cream</strong> industry. These were used as information source and then cross validated<br />
against each other and using primary research.<br />
Internal sources:<br />
Unilever’s internal sources that contributed to the research were:<br />
� Unilever global web archive.<br />
� Unilever <strong>Ice</strong> <strong>cream</strong> Academy web site.<br />
� Unilever Pakistan Ltd, Consumer & Market Insight (CMI) Division.<br />
� Unilever Bangladesh Ltd archive.<br />
External sources:<br />
External sources that contributed were:<br />
� AC Nielsen, Bangladesh.<br />
� Market Research Information from India.<br />
� Market Intelligence from Bangladesh.<br />
� Company web sites <strong>of</strong> competitors.<br />
� Earlier reports on the <strong>Ice</strong> <strong>cream</strong> industry <strong>of</strong> Bangladesh.<br />
� The Internet.<br />
1.5 Limitation<br />
This study had few limitations that restricted the research analysis. They are outlined below.<br />
� By policy, UBL does not disclose any financial, research, production or sales data to any entity<br />
outside the company. Because <strong>of</strong> this policy, it has not been possible to include the data and<br />
<strong>Evaluation</strong> <strong>of</strong> <strong>Entry</strong> <strong>into</strong> <strong>Ice</strong> <strong>cream</strong> <strong>Business</strong> for Bangladesh Limited 3