Importance of Packaging for Marketing of Drinking Water - Research Proposal
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This research proposal focuses on the importance of packaging for marketing of drinking water. It aims to identify the current trends in packaging, consumer mentality and acceptability, marketing scopes and criteria, and make recommendations for modification and improvisation of existing packaging.
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MGT726 Managerial Project Task 1 Project Proposal/Background Name:Student Number: Title of your Project (in about 8 words): Importance of packaging for marketing of drinking water. 1.Brief Context Background: In the current market situation the demand of packaged drinking water is increasing. The market is competitive as, many beverage companies are launching their own packaged drinking water. In order to do well in the market, it is necessary for a organization to promote the packaged drinking water in such a way that consumer will be interested to buy that particular packaged drinking water. There are several factors responsible for good marketing of the packaged drinking water. Some of these factors are price, quality and availability. One of the most important factor for the packaged drinking water for the marketing is the packaging of the bottled drinking water. The packaging of the drinking water reflects the creativity and the value of the organization. The attractive packaging will attract the consumer to buy the packaged drinking water. 2.The specific problem or issue to be investigated There is a significance reason to investigate the influence of the packaging for the promotion and marketing of packaged drinking water. The problem regarding this issue is the design of the packaging. Innovation is needed to be implemented in the design of packaging. However, merging of the innovation with the designing of the packaged drinking water is challenging. The innovation can be drawn from the different aspects of the product. It can also merge the social issues and the natural tendencies of human being while designing the packaging. The main challenge for the organization is smart packaging which will help to give the organization a competitive advantage. 3.Research Question (RQ) Research Question:What kind of packaging can be useful for the marketing of the drinking water that can help organization to gain competitive advantage? Research Objectives: RO1: To identify the currents trends in packaging of drinking water. RO2: To identify the mentality and acceptability of the consumers. RO3: To identify the marketing scopes and criteria in current business situation. RO4: To make the recommendations for the modification and improvisation of the existing packaging. MGT726 Managerial Project — Task 1 — Research Proposal1
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4.What specific subject area of business management are you investigating (ie what is your parent discipline e.g. marketing, HRM, international business etc.) and what is your key theoretical framework (domains, theoretical models, theories) (about 10 words) Subject area (parent discipline) Marketing of products (beverage) Key theoretical frameworks:Beverage industry. Packaged drinking water, supply chain and operation, designing. Figure 1:Conceptual Framework (Source: Created by Author) 5.List 3 specific academic journals you will search for background/literature 1 Branding, Packaging and labelling. Kanat, G., 2017. Risk Perception and Bottled Drinking Water Consumption in Istanbul City.GLOBAL NEST JOURNAL,19(3), pp.521-532. 2 The role of packaging in marketing communication. Vedachalam, S., MacDonald, L.H., Omoluabi, E., OlaOlorun, F., Otupiri, E. and Schwab, K.J., 2017. The role of packaged water in meeting global targets on improved water access.Journal of Water Sanitation and Hygiene for Development, p.washdev2017155. 3 The importance of packaging. Gómez, M., Martín Consuegra, D. and Molina, A., 2015. The importance of packaging in‐ purchase and usage behaviour.International Journal of Consumer Studies,39(3), pp.203-211. 6.List 3 company/industry/government sources you will investigate for secondary data. 1Mount Franklin Water 2BIS 3Government of Australia MGT726 Managerial Project — Task 1 — Research Proposal2
7.Outline your method/approach to gathering and analysing data to address your research objectives. Prepare a table matching research objectives to methods (secondary and/or primary data collection required to address each objective). State how you will analyse the data collected (approx. 150 words) Research ObjectiveData Collection Methods/Techniques (secondary and/or primary) Data Analysis Plan R01: To identify the currents trends in packaging of drinking water. Secondary The data can be collected from the secondary source in order to identify the current marketing trends and their consequences. The selection of the possible packaging trends can be initiated based on the evaluated results from the data. R02: To identify the mentality and acceptability of the consumers. Secondary or primary Secondary or primary data can be used in order to identify the demand of the consumers. For the secondary data collection, the articles and journals stating the survey results on the consumers can be helpful. On the other hand the separate survey can be initiated by the organization which can be regarded as primary data collection. R03: To identify the marketing scopes and criteria in current business situation. Secondary The result derived from the results of the data provided by the journals and papers regarding marketing and packaging industry can be helpful in this analysis. R04: To make the recommendations for the modification and improvisation of the existing packaging. Secondary Further recommendations and modifications can be done on the basis of secondary data. 8.Prepare a time schedule for your activities for completing the project – use a Gannt chart to acknowledge that some activities will spread across certain weeks. MGT726 Managerial Project — Task 1 — Research Proposal3
ActivityWk 12345678910111213 Choosing of the project topic. Searching the journals and literatures regarding the selected topic Submit proposal/background Gathering of the required data from secondary source. Drafting Finalizing the report Submit progress report Collection and gathering of required data Data analysis Drafting of the report Finalization of report Making PowerPoint representation of report Submit Final Report along with PowerPoint representation 9.What additional feedback or guidance would you like to help you complete Task 2 and Task 3? Can the modification or addition of research question be done in Task 2 and Task 3? Can the data analysis be done only with primary data or only with secondary data? MGT726 Managerial Project — Task 1 — Research Proposal4
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References Gómez, M., Martín‐Consuegra, D. and Molina, A., 2015. The importance of packaging in purchase and usage behaviour.International Journal of Consumer Studies,39(3), pp.203-211. Kanat, G., 2017. Risk Perception and Bottled Drinking Water Consumption in Istanbul City.GLOBAL NEST JOURNAL,19(3), pp.521-532. Rundh, B., 2016. The role of packaging within marketing and value creation.British Food Journal,118(10), pp.2491-2511. Vedachalam, S., MacDonald, L.H., Omoluabi, E., OlaOlorun, F., Otupiri, E. and Schwab, K.J., 2017. The role of packaged water in meeting global targets on improved water access.Journal of Water Sanitation and Hygiene for Development, p.washdev2017155. MGT726 Managerial Project — Task 1 — Research Proposal5