A Research Project Report
A Research Project Report
On
“MARKETING PROJECT REPORT ON ‘MARKET
POTENTIAL OF ANANDA MILK IN DELHI NCR”
4
DECLARATION
DELHI NCR” is my own work and efforts which is completed under the supervision
Meerut .
The project report has been submitted to CCS, University, Meerut for the purpose
Date : Signature
Place:
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CERTIFICATE
DEEPANSHU SINGH in partial fulfillment of the requirement for the award Bachelor of Business
Signature
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ACKNOWLEDGEMENT
With immense pleasure, I would like to present this project report for
ANANDA“GOPALJEE DAIRY FOODS PVT. LTD.’’. It has been an enriching
experience for me to undergo my summer training at ANANDA, Which would not have
possible without the goodwill and support of the people arround. As a student of J. P.
SCHOOL OF BUSINESS I would like to express my sincere thanks to all those who
helped me during my practical training programme.
Words are insufficient to express my gratitude towards Mr. Chandan Kumar Thakur, the
SO( Sales officer) of ANANDA, Noida, I would like to give my heartily thanks to Mr.
Shailesh Pathak(DGM ), who permitted me to get training at ANANDA. I am very
thankful to Mr. Vijay Thripathi, who helped me at every step whenever needed.
At last but not least my grateful thanks is also extended to Guide Mr. ANJAN, Asst.
Professor of BBA Department VICT, Meerut and my thanks to all my faculty members for
the proper guidance and assistance extended by them. I am also grateful to my parents, friend
However, I accept the sole responsibility for any possible error of omission and would be
extremely grateful to the readers of this project reportif they bringsuch mistakes to my
notice.
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BBA, Department ROLL NO.1703491393
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LIST OF CONTENT
S.No. Topic
Chapter 1. Introduction -
Company Profile
Chapter 2. Objectives
Data Collection
Sample Size
Statistical Tools
Chapter 5. Findings
Chapter 6. Recommendations
Chapter 7. Conclusion
Questionnaire
Bibliography
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EXECUTIVE SUMMARY
DELHI NCR”.
And also collects detail about the competitors there offers & profit margin.
6
PREFACE
Become essential for the companies that they should know about their
preference & taste.
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9
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Defining Market Potential:-
This paper describes a methodology for estimating the market potential for
computers and other information technologies. Market potential analysis is
not
market forecasting, although forecasting when the potential of a market
might be
realized can be part of the analysis. At base, market potential analysis sizes
markets based upon a sequential and increasingly refined process from
global or
regional to national markets and business, consumer and other segments
within
national markets.
Market potential analysis is a strategic tool to identify market
opportunities and invest resources where they will have the greatest return
in the
long run. Market potential analysis can help to target markets with high
growth
potential in the future. Market potential analysis enables companies to:
• Categorize countries as lead markets, break-out markets or emerging
markets.
• Quantify market potential for a given product by country, region or
globally, now and in the future.
• Identify growth drivers and barriers in those markets.
• Understand how to exploit growth markets by tailoring marketing, product
development and production strategies to meet customer demands and
overcome market barriers.
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We support central govt. initiative
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INTRODUCTION
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AN INTRODUCTION
and our products reach homes across Delhi and NCR, UP, Haryana Parts of
rate of 20% whereas the industry growth rate is 10%. The group sees itself
More than 26 years of success: Gopaljee story began in 1989 RSD ( Gopaljee)
across the dairy sector. At RSD Group (Gopaljee), our philosophy is serving the
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needs of the consumers by providing them directly from the FARM to HOME
products.
turnover of 500 crore and has s consistent growth of 20%. Gopaljee Dairy
Foods is ISO 2000:2005 certified and follows Food and Safety Manual
(HACCP).
We have been seving millions of consumers in India with the purity and
laudable impact in the Indian market and have strong brand presence in Delhi
Gajraula and Pilkuah from 1.5 lakh farmers across 1500 villages. The quantity
capacities. He firmly believes that “ value for money” is not just about low
prices – it means offering the best quality products at the most reasonable price.
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1. Gopaljee Dairy Foods PVT. LTD (Manufacturing & Sales)
Total Milk Handling Capacity Per Day 10 Lakh Liters Per Day
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More Than 26 Years Of Success
Gopaljee story began in 1989 RSD (Gopajee) Group, Gopaljee Dairy Foods, a
positions in branded and value added markets across the dairy sector. We at
RSD Group
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Our Three Successful Brands
Healthier , Tastier and Much More GOPALJEE ANANDA is one of the leading
RSD group brands for milk, milk powder, dhai ,ghee, paneer, flavoured milk,
lassi, chaach ,butter and sweets.
Nourishing India, Nourishing Life G+ is one of the leading brand of retail chain
for dairy products in India.
Good Milk, Good Health Dairy India is one of the preferred Indian brands within
dairy products.
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Products Of Gopaljee Ananda
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HISTORY
Ananda Group's corporate vision of helping farmers and consumers
- shows how clearly our business understands new generation’s consumers and
their lives. But the spirit of this mission has a thread that runs throughout our
historical timelines. In a history that now crosses more than three decades,
Ananda Group's success has been influenced by the major events of the day -
economic boom, changing consumer lifestyles and advances in milk production
technology.
Over the years we've launched an ever-growing range of initiatives to source
sustainable supplies of fresh, pure and nutritious products ‘directly from farm’ -
a sentiment close to Ananda Group's heart.
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Achieved 200 Cr Turnover
FY 2009-2010
Achieved 300 Cr Turnover
FY 2011-2012
Transformation of "Gopaljee" to "Ananda"
29.Mar.2012
Launch Ananda Express PaneerSalesforce in Delhi/NCR
01.Jun.2012
Birth of "G+" Brand, especially for Retail Business
10.Sep.2012
Launch of Product "T20", especially for Tea segment
20.Sep.2012
Launch Ananda Express in Lucknow City
02.Oct.2014
Achieved 700 Cr Turnover
FY 2013-2014
Launch of Ananda T-20 Tea
01.Jan.2015
GROUP COMPANIES
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has grown from strength to strength. Mr. R S Dixit provides visionary
leadership to the professionals manning the company to ward off intense
competition cutting the industry and to maintain respectable position in its area
of operation.
He believes that the greatest assets of this country are the farmers (incidentally
Mr. Dixit himself belongs to a farmer family and grew up facing varsities in
life) and he has dedicated his life to the task of harnessing the power of the milk
farmers in a manner which promote their larger interests. Mr Dixit has
immense understanding of how brands work, the importance of building brands,
the focus on quality, value for money and customer centricity as a bedrock of
all. He is constantly driven to work hard to provide range of superior products,
consumed by every age group, and a favorite in every part of our diverse land.
He firmly believes that “value for money” is not just about low prices – it
means offering the best quality products at the most reasonable price.
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FUNDAMENTALLY A FARMER BASED ORGANIZATION – OFFERING THE RURAL
PRODUCERS A STRONG PLATFORM FOR PROFITABLE DISPOSAL OF THEIR
PRODUCE.
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Radhey Shyam Dixit - Chairman’s Message
“Man cannot discover new oceans, unless to lose sight of the shore”
-Andre Gide
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I would like to share some good news – RSD Group has recently been honoured
with ‘Make in India’ and ‘Make in UP’ awards at two separate ceremonies. We
are proud of his achievement. We are happy that we are contributing towards
‘Make in India’. Our brand has also been chosen by Consumer & Industry in
Food and Beverage – Dairy Category as The World’s Greatest Brand (Asia &
GCC). The award process reviewed by Price Waterhouse Cooper and the
presentation happened in Dubai (UAE).
India is changing rapidly, and so are its needs. The change is good. We see the
transformation around us as promising opportunity to create a new dynamism.
We are implementing our strategy to make our business independent profit
centres and will continue to build aa strong organization for the future.
More innovation are planned for the coming year as our new plant at Pilakhuwa
will begin production soon. Today, we are rearing to do more, do better and
emerge stronger.
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Once again, I wish you and your family a happy, healthy and successful yearly.
Best wishes
R. S. Dixit
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MAIN BUSINESS
distributing the milk and milk products manufactured by its owners. Besides
the market. It has always been a model to which other cooperatives have
looked up as an example and inspiration as well as one from which many have
This site has been used both to develop an internet of Gopaljee Ananda
1. Company Vision:-
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2. Company mission:-
assistance & other inputs thus making them cost efficient. RSD group
will also strive to achieve highest sale in the market of operation and
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Our Mission –IT
For our people- an environment where individuals can constantly learn, grow
and prosper. For our business partners - Gopaljee Ananda is the best and
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Values
Customer Orientation
Commitment to producers
Excellence
time. Do not try to maximize short term profits at the expenses of the
Communicate daily with your customers. If they are talking to you, the
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Gopaljee A nan da’ s Secr et Of Succ ess
access to high quality milk and milk products. Contrary to the traditional
middlemen, the system ensured that the profit goes to the participants
Quality Policy
operations.
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Quality checks begin at the farm itself and continue right unit the packet is
opened at home.
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Provide Different Type of Products
RSD Group products portfolio spread through a range of milk and food
products like fresh milk, milk powders, milk drinks, curd, pure ghee, panner,
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• Milk • Milk • Milk
• FCM • FCM • FCM
• Toned • Toned • Toned
• DT • Curd • DT
• Skimmed • Ghee • Curd
• Standard • Paneer • Chhach
• T-20 • SMP • Plain
• Cow Milk • Boondi • Masala
• Curd • Biscuits • Ghee
• Chhach • Sweets • Paneer
• Plain • Dhoda • Flavored Milk
• Masala • Burfi • SMP
• Ghee • GulabJamun • Butter
• Paneer • SoanPapdi
• Lassi • Ladoo
• Strawberry • Peda
• Mango
• Rose
• Flavored Milk
• SMP
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Turnover
Gopaljee Dairy Foods Pvt. Ltd. (647.94 Cr.)
Dairy India Pvt. Ltd. (170.67 Cr.)
Gopaljee Agro Products Pvt. Ltd. (44.34 Cr.)
*Turnover Of 2014-15.
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Awards & Accolades
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The World’s Greatest Brand Award – 2015
RS International a part of UWG – United World Group Holdings LLC. Rewarded Honorable
CMD Sir - Sh. R.S Dixit with most Prestigious Awards for Brand ‘ANANDA -‘The World’s
Greatest Brand Award – 2015’. ANANDA’ was selected amongst 16 Industries and 62
sub-categories from 12 countries.
A great company is driven by a great leader. Our SMD Shri. R S Dixit was awarded ‘ The
World’s Greatest Leader Award – 2015’.
The award process was reviewed by Price Waterhouse Cooper. Awards were presented on
Dec 12, 2015 by Dr. Essa Bastaki (President of University of Dubai & CEO of ICT fund) at
Dubai, UAE
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RSD Group has recently been honoured with several awards. We are proud of these
achievements and happy that we are contributing towards Prime Minister’s vision of
‘Make in India’
Award was awarded by Central Minister Sh. Kalraj Mishra & Honorable Chief
Minister of Uttar Pradesh Mr. Akhilesh Yadav Ji,
Dated:- 10 October 2015 Lucknow, Uttar Pradesh
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Make In India- Award of Excellence
Award was Awarded by Honorable Central Minister Shri. Kalraj Mishra &
Great Hockey Player Shri. Dhanraj Pillai
Dated:- 18 August 2015 Gandhinagar, Gujarat
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First Prize at IITF Fair 2015
(Largest Integrated Trade Event in India)
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LITERATURE
REVIEW
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Research Objectives
Research Design
Research Duration
Sampling Design
Size Of Sample
Data Collection Method
Data Analysis Method
Area Of Survey
Sample Unit
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warehouse retail outlets reached maturity in 10 years. The most important
retail store type are:
Specialty store: narrow product line with a deep assortment.
Department store : several product lines with each line operated
as a separate department managed by specialist buyers.
Supermarket : relatively large, low-margin, high volume, self
service operation designed to serve total needs for food and
household products.
Retailers can position themselves as offering one of the four levels of services:
1. Self services
2. Self selection
3. Limited services
4. Full services
5. Corporate retailing
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Objective And Scope Of The Study
Field Job
In the first day of SIP my industry guide have given the product GOPALJEE
ANANDA and given the location Delhi NCR, of my field job. He has also given
provide the rate list of the products and explain of distributor and retailer
margin and about the offers and new launch of some products in same
segment and also about the offers given by GOPALJEE ANANDA to the
retailers.
products. I had also been assigned to promote the brand awareness for the
GOPALJEE ANANDA flavoured lassi. This job helped me a lot in learning the
thinking and deciding process which a retailer does and to persuade him to
trust the performance of the products. I came across with few findings about
the product which I would like to share for the benefits of the products in
future.
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The first thing which acts as a bridge between the product and the
retailers is the margin provide the company. As there are other local
concepts in market and unless & until the company take initiative to
spread awareness to the consumers about the benefit and plus point of
for that once the consumer get aware and shows interest in this
there are still no major company except one or two who act as a threat)
the demand will definitely rise, which will compel the retailers to place
very shocking to see is the duration of time for the delivery of the order
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from the distributor to the retailers, in my very short span of period I
came across with many complaints from the retailers stating that they
had placed their order but the consignment has not delivered or it took
time of approx 2-3 hour to get the delivery. This may act against the
company and its product and retailers may lose interest from the
product.
The study was done primarily with the following objective in mind.
To know why people buy Gopaljee Dairy Food Pvt. Ltd and why some
people prefer other company.
To study the features of different products of Gopaljee Dairy Food Pvt.
Ltd that give good idea of various products.
To understand the competitive environment in which the company is
operating and is desired to meet customer need and satisfaction.
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To provide useful information to the company about the product features of
various competing companies.
Primary objectives:
Secondary objectives:
SC OP E O F T H E S T UD Y
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Gopaljee dairy Pvt. Ltd is spreading its wings and widening its business
horizon to reach and serve customers at new centers in the year ahead. The
company services are backed by a highly motivated and technology driven
team to achieve customers need, product expertise and geographic reach.
The study is oriented towards the concept of different brands offered by
MOTHER DAIRY and its competitors to its customers. The company has
endeavored to move fast in providing market solution, which maximize
customer needs and convenience, using multiple delivery channels in
composing the agency network, service centers, lower service cost and
increased efficiency.
Market Potential
Ans. Because to analyzing the market potential. So there are some facts on
customer satisfaction
increase their customer base, customer loyalty, revenue, profits, market share
organization. They work to make their customers happy and see customer
they receive.
Customer satisfaction
A company should always try to keep every customer happy. It is not enough
satisfaction than the actual core product. Loyal customers that keep coming
back bring a lot of revenue to a company with their repeat business. Even if
you market your company in a way that a lot of new people come to check the
business out and spend some money, a lot of work still needs to be put down
on the customer service etc to make the customers keep coming back.
gets his expectations exceeded. The more customers a company can send
away positively amazed the better. Customers that get their expectations
exceeded are usually happy spreading the word about what great service they
have received.
This also works the other way around, if a customer leaves unhappy, he will
not hesitate to voice his negative opinion and this might scare off possible
future customers.
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Sometimes however it can be enough to keep customers within the zone of
tolerance. The zone of tolerance means that the customer gets good enough
service to be fairly satisfied. The zone of tolerance lies between what kind of
service the customer actually wants and what he is willing to accept. When a
searching for a new service provider. However, if a customer like this stumbles
A company should always try to keep up with what is going on with their
customers and in order to do that, research must be done every now and then.
It is easy for a company to assume they know what their customers want, but
what the customer wants and what the company thinks that the customers
want can be very different at times. Measuring customer satisfaction can help
make great improvements in the company. It is good to try to find out both
A company should always remember not to make too big promises. It is always
better to under market a bit in order not to fail the customer and to have a
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great chance to create an actual wow-experience for the customer, instead of
There are many ways to measure customer satisfaction. You can study
Secondary data is information that you can get from e.g. libraries or the
government. A company can also have secondary data themselves if they have
kept some information about their customers or they have made some
secondary and primary data. When collecting primary data there are two
research.
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When doing qualitative research you do not study a large number of
some kind of a structure of what to ask the customer, but here you also have
the chance to react to the answers and ask the customer to elaborate on his
50people in order to get a reliable and realistic result. This kind of research is
usually done with the help of a questionnaire that can be left to fill out at a
phone customers and interview them or you can walk up to people asking
Designing a questionnaire
questionnaire is too long, too complicated or too boring, the customer might
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just fill it out without even thinking to get it over and done with. If a question
order. A questionnaire should always start with the simplest questions for an
easy start.
Some questions might also be a bit sensitive for some people and extra-
respondent does not feel the need to lie just to avoid feeling embarrassed. A
poorly done questionnaire can end up just giving wrong information instead of
A questionnaire should not be too long, but sometimes asking two or three
possible. A questionnaire should also be done in a way that it does not lead
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Questions can either be open or closed and both types can be used in the
answer in his own words and a questionnaire like this reminds a bit of a
conversation. This method can bring more details, but open questions require
more effort from the respondent and can risk being poorly answered or end
the end of the questionnaire if there is a use of both open and closed
questions. This helps the customer to first warm-up a bit to the subject before
Questions that can only be answered “yes”, “no‟ or “I don’t know‟ are
closed questions. Closed questions are also the kind that has ready-made
suggestions and where you simply tick the right answer. Usually you can only
tick one answer, but there are also questions where you can choose several
options. This has to be clearly indicated in the questionnaire. These are the
kind of questions that could not start a real conversation. Closed questions
have the advantage of being fairly easy to analyze. (Brace, 2008, 40)
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a person in front of you and the questionnaire is anonymous. A written
questionnaire also gives the respondent the chance to take his time thinking
about the answers and filling out open-ended questions. There is also the
through it before responding and that the respondent has too much time to
think about the answers if the questionnaire is actually looking for attitudes
acceptable alternative and many people might end up ticking this alternative
because the respondent might not actually know the 18answer or at all be
familiar with what is asked. If this option is not offered the question might be
that is easy to read and the paper should never be too crammed as it makes
the questionnaire hard to follow. One should avoid too long questionnaires,
but using more papers instead of cramming it all onto one page usually gives a
explain the aim of the research. This helps give a sense of purpose to the
respondents and can help motivate them. A questionnaire should always also
you ask a question like “How do you feel about the food offered on our lunch
menu?” and then provide options from excellent to extremely poor or from
extremely poor to excellent, this will influence the answers. One could think
that it is the same question and the same answers, but people for some reason
tend to tick some of the first alternatives, meaning that if you start with the
positive, you will get a more positive outcome and vice versa!
Once you have the results of a study they need to be analyzed carefully. A well
done questionnaire research can give a lot of insight to a company and shed
light on problems a company did not know it had. With the help of open ended
questions customers can be able to voice different needs that they have that
the company was not aware of. Once the analysis has been done the company
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can start to think about how to address possible faults and how to be able to
CUSTOMER SATISFACTION IN 7
STEPS
It's a well known fact that no business can exist without customers. In the
business of Website design, it's important to work closely with your customers
to make sure the site or system you create for them is as close to their
requirements as you can manage. Because it's critical that you form a close
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working relationship with your client, customer service is of vital importance.
What follows are a selection of tips that will make your clients feel valued,
This is the most daunting and downright scary part of interacting with a
customer. If you're not used to this sort of thing it can be a pretty nerve-
wracking experience. Rest assured, though, it does get easier over time. It's
important to meet your customers face to face at least once or even twice
during the course of a project. My experience has shown that a client finds it
easier to relate to and work with someone they've actually met in person,
above all, take time to ask them what they need. I believe that if a potential
client spends over half the meeting doing the talking, you're well on your way
to a sale.
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This goes without saying really. We all know how annoying it is to wait days for
with all customers' queries within the space of a few hours, but at least email
or call them back and let them know you've received their message and you'll
contact them about it as soon as possible. Even if you're not able to solve
a problem right away, let the customer know you're working on it. A good
example of this is my Web host. They've had some trouble with server
hardware which has caused a fair bit of downtime lately. At every step along
the way I was emailed and told exactly what was going on, why things were
going wrong, and how long it would be before they were working again. They
also apologized repeatedly, which was nice. Now if they server had just gone
down with no explanation I think I'd have been pretty annoyed and may have
informed, it didn't seem so bad, and I at least knew they were doing
service.
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A fellow Site Pointer once told me that you can hear a smile through the
phone. This is very true. It's very important to be friendly, courteous and to
make your clients feel like you're their friend and you're there to help them
out. There will be times when you want to beat your clients over the head
repeatedly with a blunt object - it happens to all of us. It's vital that you keep a
clear head, respond to your clients' wishes as best you can, and at all times
This may not be too important when you're just starting out, but a clearly
defined customer service policy is going to save you a lot of time and effort in
the long run. If a customer has a problem, should they contact different people
for billing and technical enquiries? If they're not satisfied with any aspect of
your customer service, who should they tell? There's nothing more annoying
for a client than being passed from person to person, or not knowing who to
turn to. Making sure they know exactly what to do at each stage of their
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5. Attention to Detail (also known as 'The Little Niceties')
Have you ever received a Happy Birthday email or card from a company you
were a client. You ever had a personalized sign-up confirmation email for a
service that you could tell was typed from scratch. These little niceties can be
time consuming and aren't always cost effective, but remember to do them.
Even if it's as small as sending a Happy Holidays email to all your customers,
it's something. It shows you care; it shows there are real people on the other
end of that screen or telephone; and most importantly, it makes the customer
6. Anticipate Your Client's Needs & Go Out Of Your Way to Help Them
Out
Sometimes this is easier said than done! However, achieving this supreme
level of understanding with your clients will do wonders for your working
relationship Take this as an example: you're working on the front-end for your
client's exciting new ecommerce Endeavour. You have all the images, originals
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and files backed up on your desktop computer and the site is going really well.
couple of weeks later a CD-ROM arrives on their doorstep complete with high
resolution versions of all the images you've used on the site. A note
It's possible this is the most important point in this article. The simple
message: when you promise something, deliver. The most common example
something may not get done, or you might miss a deadline through no fault of
your own. Projects can be late, technology can fail and sub-contractors don't
always deliver on time. In this case a quick apology and assurance it'll be ready
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64
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A Research methodology specifies the methods and procedures for conducting
a particular study. It is a map or blur print to which the research is to be
conducts. Descriptive research design has been considered as a suitable
methodology for present study and for data analysis.
The methodology used in conducting the research work on Gopaljee Dairy
Foods Pvt. Ltd with major emphasis on its sales and marketing strategies
involve the following steps:
I have selected Gopaljee Dairy Foods Pvt. Ltd because it is the company that is
growing day by day. It has maximum market share with comparison to its
competitors. And it is the company that gives highest sales.
defining of the problem is a must for proceeding further with the research
process. The type of study to be carried out, the questions to be raised, the
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real problem, the research job can be simplified and completed with the
Identified problem or the objectives of the research discussed in the report are:
In this a plan was developed about how to collect the require information i.e.
whom to contact for gathering the relevant data. Data is the foundation of all
facts, may be obtained from several sources. Data sources can either be primary
or secondary.
A. Primary data:
The primary data, are those data, which are collected afresh and for the first
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objectives. The questionnaire prepared in two forms & targeted
Retail census
Observation Method
Direct Personal Interview- Under this method of collecting data there is face-
B. Secondary data:
Sales Records
The primary data has been collected by means of interviewing the retailers at
the point of purchase. The sample size for the research was nearly 40 retail
outlets per beat. The information gathered by interviewing the retailers was
the first hand information and accurate without being biased. It was more of
an open end question approach and the retailers were very much co-
retailers:-
Stocking Details
Competitors
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Refrigeration Facility
Delivery of products
Pricing of products
2.RESEARCH DESIGN
investigation for discovering a new ideas & gaining deep insight in the
problem. The data in actually related to the trend of Gopaljee Dairy Foods Pvt.
Ltd customer.
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Sampling Size :
The sampling design used was Convenience sampling, which is a non-
probability sampling method. The convenience factors were the availability
and approachability of the respondents.
Population:
All types of outlets that stock and sell GOPALJEE ANANDA like yo milk,FCM ,T-
20 (JP & SP), CHAACH (Masala & Plain) and RABRI, FLAVOURED LASSI, etc in
the market. The outlets have been classified into as follows:
3. CONTACT METHODS
getting information from the staff members of the agency, contacting to the
4. COLLECTION OF INFORMATION
with the peoples and the customers. They provide the relevant information
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regarding the profile of the company as compared to the other company in the
was not possible for them to spare time from their busy schedules.
Competitors
Pricing of products
Stocking Details
The data collected was carefully analyzed. The research and analysis of the
information has been done on the basis of various sales and marketing strategies
This is the most vital part of the work undertaken. After collection and analysis
of data, it was recorded in the form as prescribed. The major part of the report is
the findings. The finding also includes charts, tables and diagrams etc. The
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report also mentioned the limitations of the project undertaken. Then conclusion
has been drawn out of the findings and various recommendations have been
given at the end of the report. Certain tables on the basis of which the findings
were made have been included in the appendices section followed by the
bibliography.
Place Of Study:
Muradnagar (Jalalpure Road, Brijvihar, Kuti Road, Preet Vihar, Bamba Road,
Malik Nagar, Main Market, EID-Gah Road, Radhe Shyam Colony ,Railway
Road, Tower Road And K.I.T.E & I.T.S College) And Rajnagar Extention
(Siyana Road,Noor Nagar,Ajnara,River Heights And Sharma Market).
Target Market:
One of the most important components of estimating the market potential for a
business is to
determine its target market. A target market can be thought of as the customers
who are most
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likely to buy from you and generally are described using demographic variables
(gender, age,
education) as well as psychographic variables (lifestyle and belief system
variables). In many
cases, a business may have more than one target market. Think about the milk
industry,
milk manufactures have a number of target markets, i.e., milk buyers,chaach
buyers,T-20 (JP AND SP) buyers, Dhai ,cup dhai and matka dhai buyers, lassi
buyers. Your business should be able to develop specific profiles for each of
your target
markets using demographic and psychographic variables.
The first method of describing your target market segments is using a set of
demographic
descriptors like the following:
variables like those listed above. Once you have created your demographic
profile, you can
determine how many people fit your profile using various demographic data
sources (see
general.
74
Estimating the market or market potential for a new business or business
expansion is critical in
determining the economic feasibility of a venture. Estimating the market
potential will determine
if the market is large enough to support your businesses. This check-list will
address a number
of questions that need to be answered before an estimate can be calculated.
What type of customer will buy the product or service?
Where are these customers located?
How many potential customers (N) are there?
How often do they consume or use it?
What is the Competition?
What are people paying?
What is the Potential for the Market to Develop?
What is my share of the Market?
This check-list will walk you through estimating the market potential for your
business and/or
estimating the retail trade area market potential if you have a retail
establishment by going
through these questions and providing examples.
Estimating Market Potential
Estimating the market potential for a business is critical in evaluating its
viability and provides
an estimate of the maximum total sales potential for a given market. Once the
estimated market
potential has been calculated, it is possible to determine if the market is large
enough to sustain
your proposed business or sustain an addition competitor in the marketplace.
It is important to
remember that the estimated market potential sets an upper boundary on the
market size and can
be expressed in either units and/or sales. Unless there are no direct or indirect
competitors, a
business will capture a share of the total estimated market potential not all of
it.
The following provide the steps and data necessary to estimate the market
potential. These will
75
be discussed in detail later.
Key Steps in Estimating Market Potential:
1. Define your target market and market segments.
2. Define the geographic boundaries of your market.
3. Derive an average selling price.
4. Determine the average annual consumption.
Estimating the market potential for a business requires specific information on
the number of
people or potential buyers, an average selling price, and an estimate of
consumption or usage for
a specific period of time. Once this information has been collected, it can be
plugged into the
following formula to derive the estimated market potential.
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market size and can be expressed in either units and/or sales. The following
are the steps and
information that are needed to estimate the retail trade area market potential.
Key Steps in Estimating Market Potential:
1. Define your target market and market segments.
2. Define the geographic boundaries of your market.
3. Derive average expenditures for the category.
4. Determine the average household income for the area and state.
5. Estimate market share.
As with estimating the market potential for any business, estimating the retail
trade area market
potential requires specific information on the number of people or potential
buyers, an average
expenditure figure for the retail category, area and state income figures, and
an estimate of
market share. Once this information has been collected, it can be plugged into
the following
formula to derive the estimated retail trade area market potential.
Trade Area Analysis is a mean of evaluating the potential retail sales for a
specific retail
operation can be estimated by using a standard formula:
ES= P x EXP x (ADI/MDI) x MS, where
ES = estimated sales
P = market area population
EXP = average expenditures for retail outlet category
ADI = area estimated average household disposable income
MDI = Georgia average household disposable income
MS= estimated market share
The following material will provide direction and information needed to
estimate the market
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Data analysis
78
Frequency Distribution
79
Age
3 40 above
9%
37
20-30
91%
80
2. Your Gender:
Male
Female
25
15
40
81
Gender
82
Female
15 38%
25
Male
62%
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Yes & NO
10
No
25%
30
Yes
75%
T-20 SP 4 10 10 30
84
85
RABRI LASSI FCM
5% 13% 12%
T-20 JP
MASALA CHAACH 7%
8%
T-20 SP
10%
PLAIN CHAACH
18%
FRESH DHAI
12%
LITE DHAI
15%
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Consume The Products
Daily
7%
Weekly
Monthly
38%
55%
200ml 6 15 15 90
LASSI
500ml 4 10 10 100.0
LAASI
87
Packaging
88
500ml
LASSI 500ml FCM
10% 12%
89
AMRIT 3 7.5 7.5 87.5
HARITAGE 1 2.5 2.5 90
NAMASTEY INDIA 4 10 10 100.0
TOTAL 40 100.0 100.0
Brand Liking
NAMASTEY INDIA
HARITAGE 10%
3%
GOPALJEE
AMRIT ANANDA
8% 12%
AMUL
NOVA 20%
10%
MOTHER DAIRY
MADHUSUDHAN 25%
12%
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1. Most of the retailers are interested in keeping GOPALJEE ANANDA
products and they are satisfied with the current distribution pattern
of the company.
2. Retailers are not satisfied with the services provided by the company.
3. Most of the retailers want deep freezer for storage of products but
GOPALJEE ANANDA is not providing them, Mother Dairy take it as an
advantages and provide freezer to those retailers for advertising and
promoting their products.
4. The sale of GOPALJEE ANANDA T-20 JP , T-20 SP ,LASSI, CHAACH and
RABRI is more compare to other brands.
5. The demand of GOPALJEE ANANDA PANEER is more in Delhi NCR
market.
6. The brand image of GOPALJEE ANANDA is good among the
customers.
7. There is less margin for the retailers in CHAACH as compare to
MADHUSUDHAN and SHRIDHAR.
8. The retailers are not satisfied with the distribution process, as there
is no replacement provided by the distributor or by the organization.
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Recommendations
The following suggestions can be derived out of the research done on
frozen products division and new products:-
1. Suggestions for salesperson issue:-
The salesperson should visit the retailer’s outlets on regular
basis so as to keep stock available and should also make the
retailer aware of the newly introduced products by the
company.
The salesperson should also make the retailer aware of the
running schemes and offers so as to boost up sales.
2. Suggestions for replacement issue:-
There have been a lot of complaints about replacement policy
of GOPALJEE ANANDA. GOPALJEE ANANDA should try to improve its
replacement policy and make it somewhat liberal.
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7. Orders by the retailers should be executed in a proper manner to
avoid irregular availability.
8. Low security and easy installment should be given on deep freezer.
9. Company should give special offers to retailers frequently.
10.Company should started exclusive GOPALJEE ANANDA weekly
activities.
11.Innovative schemes like Priviledge cards and tokens giving discount
on successive purchases may be introduced to make a customer
brand loyal to GOPALJEE ANANDA.
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CONCLUSION
94
The GOPALJEE ANANDA captured the 35-40% of the market, Mother
Dairy and AMUL captured 50% and 10% are the remaining brands. The
customers are loyal towards GOPALJEE ANANDA products and demand
of GOPALJEE ANANDA products is also good in the market, but in some
area Mother Dairy try to capture GOPALJEE ANANDA customers by
providing schemes and freezer to the retailers, so that the retailers sells
Mother Dairy products. Due to high demand of GOALJEE ANANDA
RABRI, LASSI CHAACH and T-20 JP & SP are bound to keep GOPALJEE
ANANDA products. The company should work on their distribution
network and on the replacement policies of the expired and defected
products. There should be a proper grievance handling process so that
the relationship between retailers distributors remain good.
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LIMITATION
The limitation of the project is as follows:
96
QUESTIONNAIRE
97
DISTRIBUTOR
1. Name :-
2. Address :-
3. Phone :-
4. Avg daily sales ( in ltr) :-
200-250
250-500
500-750
750-1000
1000-1250
1250-1500
1500+
5. How would you rate your retailers drop out?
Satisfaction
Un-satisfaction
6. Which type of milk sells the most?
98
DTM
TM
FCM
T-20 JP
T-20 SP
YO-MILK
FAMILY MILK
7. Rate GOPALJEE ANANDA on the scale of 1-5 on the
following factors ( 1 as worst and 5 as best) :-
Particulars 1 2 3 4 5
Timeliness
Credit Limit
Incentives
Demand Of
Retailers
Quality
Packaging
Hygiene
Competitiveness
* *
99
RETAILER
1. Name of shop:-
2. Address:-
3. Phone :-
4. Lad name :-
5. Avg daily sales (in ltr) :-
10-30
30-60
60-90
90-120
120-150
150+
6. How would you rate your present sales?
Satisfaction
Un-satisfaction
100
1001
TM
FCM
T-20 JP
T-20 SP
YO-MILK
9. Who is the competitor of GOPALJEE ANANDA?
AMUL
MOTHER DAIRY
NAMSTEY INDIA
OTHER
11. Suggestions/Complains :-
* *
101
1011
CONSUMER
1. Name :-
2. Address :-
3. Avg daily consumption ( in ltr)
a. .5-1 b. 1-2 c. 2-3 d. 3+
102
1021
4. Taste of milk does not
affect the purchase
decision
5. Hygiene is an important
decision making factor
when it comes to
purchase of milk
6. Milk containing smell
hampers purchase of
milk
7. Decision to purchase
milk depends upon the
ease of storage of milk
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11. Leakage in milk packets
hinder purchase decision
104
17. Decision to purchase milk
depends upon the packaging of
milk
105
24. Taste of milk affects the
purchase decision
* *
106
BIBLIOGRAPHY
107
Principles of marketing- Philip
Kotler & Gary Armstrong 2000.
Marketing Management- Philip
Kotler,2000.
http://www.indiandairy.com
http://www.nddb.org
http://www.rsdgroup.com
http://www.google.com
http://www.wikipedia.com
http://www.ndri.res.in
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