2021International Journal of Scientific Research and Management (IJSRM)Open access

Business Model for a Post Pandemic Startup In Indian Fast Moving Consumer Goods FMCG sector

Anup Sharma, Sudhir Kumar Arya, Shubham Parekh, Chandrasena Nagendraverma, Nidwan Ebrahim

Open full text 0 citations

Abstract

The objective of this study was to come up with a Business model for the post-pandemic startup in the Indian FMCG sectors. For this purpose, a questionnaire was designed to collect the data from various respondents of different gender and age groups. The responses were taken to know what the consumers are preferring and what they choose over at the time of the pandemic. Close-ended questions were prepared to collect the data. The questions included in the questionnaire were designed in such a way that they may give a basic idea of where to hit the ball in the court at the time of the pandemic. We know that COVID-19 has shown us a picture we never thought will ever be there and were not prepared for the same. Therefore, to avoid such kind uncertainties affecting the operations of the well-settled business and also to give confidence to the start-ups that have been affected by the same this study was conducted to know the choice, preference, and other factors affecting the purchasing habits of the consumers. Through the study, we found out that the majority of the consumers are focusing more on their health and are shifting to the products which may help them to build their immunity and keep them immune from the virus. This study can be of great use for start-ups to consider and follow to make sure they grab a huge number of market shares

Open-access reader

About this research paper

What this paper is about

The objective of this study was to come up with a Business model for the post-pandemic startup in the Indian FMCG sectors. For this purpose, a questionnaire was designed to collect the data from various respondents of different gender and age groups. The responses were taken to know what the consumers are preferring and what they choose over at the time of the pandemic. Close-ended questions were prepared to collect the data. The questions included in the questionnaire were designed in such a way that they may give a basic idea of where to hit the ball in the court at the time of the pandemic. We know that COVID-19 has shown us a picture we never thought will ever be there and were not prepared for the same. Therefore, to avoid such kind uncertainties affecting the operations of the well-settled business and also to give confidence to the start-ups that have been affected by the same this study was conducted to know the choice, preference, and other factors affecting the purchasing habits of the consumers. Through the study, we found out that the majority of the consumers are focusing more on their health and are shifting to the products which may help them to build their immunity and keep them immune from the virus. This study can be of great use for start-ups to consider and follow to make sure they grab a huge number of market shares

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

The objective of this study was to come up with a Business model for the post-pandemic startup in the Indian FMCG sectors. For this purpose, a questionnaire was designed to collect the data from various respondents of different gender and age groups. The responses were taken to know what the consumers are preferring and what they choose over at the time of the pandemic. Close-ended questions were prepared to collect the data. The questions included in the questionnaire were designed in such a way that they may give a basic idea of where to hit the ball in the court at the time of the pandemic. We know that COVID-19 has shown us a picture we never thought will ever be there and were not prepared for the same. Therefore, to avoid such kind uncertainties affecting the operations of the well-settled business and also to give confidence to the start-ups that have been affected by the same this study was conducted to know the choice, preference, and other factors affecting the purchasing habits of the consumers. Through the study, we found out that the majority of the consumers are focusing more on their health and are shifting to the products which may help them to build their immunity and keep them immune from the virus. This study can be of great use for start-ups to consider and follow to make sure they grab a huge number of market shares

Key concepts: Purchasing, Pandemic, Marketing, Business, Preference, Coronavirus disease 2019 (COVID-19), Fast-moving consumer goods, Economics

Related papers

Back to paper searchBrowse research topicsOriginal source
Business Model for a Post Pandemic Startup In Indian Fast Moving Consumer Goods FMCG sector — Research Paper | ScholarLens