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Submitted by:
Faculty, Marketing,
GIM, Bhubaneswar
Marketing Manager
RUCHI, CUTTACK 10
DECLARATION
whatsoever.
Date:
ACKNOWLEDGEMENT
I have great pleasure in acknowledging my deep sense
of
gratitude
to
INTRODUCTION
Marketing is to derive desired exchange from customers with
purposeful initial gain. Nature my itself is dynamic. We can get all
type of foods and spices from this nature. Spices is one of the man
made product. When it is added to any food items it become more
tasty and delicious food. Mostly it is preferred at the time when we all
are preparing Indian dishes for lunch and dinner at home, hotel and
restaurant or any other functions. Due to these spices we can have a
delicious test in our life.
If we have no spicy news in our daily news paper then we will have
no intention to read, so in he similar way, if we dont add any spicy
item while preparing food, we will not create taste in it.
It is only the spices item of Ruchi brand which is providing at best
quality best taste and with affordable price to national and
international consumers. So Ruchi creates a good image in the mind
of the consumers. Now we can say proudly that, Ruchi is Born in
Orissa, pride of India.
The world is changing rapidly. In this changing world there are many
type of competitors in all type of sectors spice market is not out of
the race.
In marketing, there is no such thing as a product itself in space,
independent of the consumer. For a product to amist, it must find a
place in the individual consumers perception. This perception is
subjective, governed by the individual consumers value, belief,
needs, experience and environment.
Objectives
The receipt has been widely covered the retail markets of spices. The
survey has been conducted in the areas of twin city which has
included the commercial domestic market areas of Cuttack and
Bhubaneswar.
The main objectives behind such survey may be lined as follows :
1.
2.
3.
4.
5.
for
adopting
ISO-9002.
It
has
its
own
Research
and
RESEARCH METHODLOGY
SAMPLING
In the study of total samples taken is 400. All the samples have bee
drawn
from
retailer
samples
are
drawn
randomly
by
taking
probabilities method of sampling. All the samples are from twin city.
METHOD OF DATA COLLECTION
All the data have been collected from primary sources. The primary
sources basically the retailer. They are interviewed through one
readymade questionnaire having some structure and closed ended
questions. All he responses from retailers are immediately filled up in
that questionnaire.
TOOL FOR COLLECTING PRIMARY DATA
Questionnaire are the tools for primary data collection. Based on the
objectives of the summer project.
The questionnaire is meant for the retailer. The data collected
through this questionnaire are this remarks on the quality packaging
and price of Ruchi product, complaints against Ruchi product.
SAMPLING PROCEDURE
Sampling procedure is the way through which the respondents are
chosen. The samples are collected by using random sampling
method.
LIMITATION
To achieve the objective of the study a number of limitations came
over our study which hampers the progress of the study. These are :
1. Time and money constraint
2. Biasness of respondents
3. Un-availability of accurate data
4. Lack of co-operation from individuals
5. Less access to secondary sources
6. Unbiased sampling
7. Non availability of particular retail outlets of the company
8. No direct interpretation with consumers
9. Un-awareness of the retailer about such studies
10.
is
the
short
form
for
International
Organization
of
MARKET DIVISION
Inter State
National
Marketing Manager
Branch Manager
Super Stockist
Sales Officer
Distributors
Sales
Executive
Sales
Executive
Retailers
International
Foreign
Buyers
Commissio
n Agent
things. But the marketing works are carried down by the Super
Stockist. Actually company gives percentage to Super stockist for
appointing the Sales representatives. Company sales persons are
doing the surprise visit to the market and help the SS and
Distributors if they get any problem in the market.
In
some
places
company
appoints
the
Marketing
Agent
on
Other Activities
TV Advertisement
Newspaper
Exhibition
Road Shows
In export we are doing export to different countries like USA,
Singapore, Tanzania, Oman, Kuwait, Middle East & South Korea etc.
We are getting the buyers through internet and through participating
in the Trade Fair and sometimes through the Commission Agent. We
are doing the Export through LC.
Theoretical Background
Indian industry is facing competition nation wide and world wide
because of liberalization and globalization of the Indian economy.
Each Indian Industry is striving to become efficient by curtailing cost
and building brand image. Through ISO, we intend to satisfy the
customers need and expectations by having standardized systems,
producers and work ethics at par with the best in the industry.
Moreover,
technical
specifications
specified
in
the
Standard
Ruchi Asias foremost food processing company. Its aims to play a key
role in changing the nature the food processing and services oriented
industry in India. The company located at Cuttack, State of Orissa,
India. There is an increasing demand in importing countries for
greater qualities assurance of spices specially in respect of hygiene
and microbiological aspects in relation to spoilage and health
hazards. Our products maintain these aspects under the spice-export
houses and the Agmark authorities.
RUCHI is an ISO 9002 Certified Company which is a model for quality
assurance in production, installation, servicing and applicable for all
its clauses. Through ISO, we intend to satisfy the customers need and
expectations by having standardized system, procedures and work
ethics compared with the best in industry. Ruchis achievements
include prestigious Spice House Certificate from Spice Board and
AGMARK from govt. of India also. Special precaution taken to reject
spices showing any harmful/adulterated matter. Ruchi has its own
quality control aspect of the spice products processed and of the
post-control procedures-under AGMARK, ASTHA (American Spice
Trade Association) specification. There is not a single village (apart
from cities) where RUCHI product has not reached, in every kitchen of
rural and urban areas. Our organization exports species and
vermicelli to different European and Asian countries such as
Singapore, Bangladesh, Middle East, Tanzania and Australia also.
Range of product.
Powder spices
1. Turmeric (Haldi)
2. Chilli (Lanka)
3. Kashmiri Mirch
4. Coriander (Dhania)
5. Cumin (Jeera)
6. Black pepper
7. Mustard powder
8. Tamarind powder
Blended Spices (Powder Form)
1. Curry powder
2. Dalma powder
3. Sambar Powder
4. Three-in-one (Garlic, Onion, Ginger powder)
5. Sabji Masala
6. Ghungi Masala
7. Biryani Masala
8. Chana Masala
9. Chicken Masala
10.
Chat Masala
11.
Chicken Masala
12.
Dum-dum Masala
13.
Fish Masala
14.
Garam Masala
15.
Meat Masala
Whole Spices
1. Aniseed (Madhuri)
2. Black cumin (Kala Jeera)
3. Fenugreek (Methhi)
4. Juani
5. Poppy seed (Posta)
6. Panch Phutan
Ruchi also supplied masala and minsed by glass jar packaging for
more attractive for long lasting. Same glass jar item are as under :
1. Onion minsed
2. Garlic minsed
3. Ginger minsed
4. Sunday masala
5. Alu Dum Masala
Ruchi launched product different product in different packaging like
Big can items or small can items.
Small Can Items
1. Garam Masala
2. Black pepper
3. Three-in-one
4. Green chilli
5. White pepper
Other than Spices
1. Haldi
2. Jaljira
3. Black salt
4. Kasori mithi
5. Papad
technology from Italy and South Korea. RUCHI diet rice is preferable
because it is to cook, rich in proteins, high on calories, more fibrous
low on fat and starch.
body
and
yielding
energy
instantly
by
the
help
of
Kheer Mix
Its well known among sweet lovers for the mouth watering taste and
it is really easy to cook. All the essential ingredients of kheer are
added in roasted from (except milk and sugar). Instead of paddy rice
we use vermicelli (made of wheat flour) in it for those health
conscious people who dont what to compromise in taste also. Now
we introduce three new flavoured kheer mix such as
a. Chocolate
b. Strawberry
c. Pineapple
These products are well appreciated among young people and
children.
RUCHI produce vermicelli for purely Italian pasta loring people also
some of those products are :
1. Macroni
2. Short vermicelli
3. Roasted vermicelli
4. Mine chow-chow
5. Ada-Ada
6. Long vermicelli
7. Fussili
8. Penne
9. Club vermicelli
10.
Star vermicelli
Energy Booster
Sattu Atta
SATTU ATTA
Ingredients
Whole wheat
Whole corn
Bengal gram
Paddy Rice
Everest
2.
Bharata
3.
Swadist
4.
Badsaha
5.
Sudha
6.
Grihsti
7.
777
8.
MDH
9.
Haldiram
10. Ramdev
11. Merchant
Out of them EVEREST, BHARAT, SWADIST and BADSAHA are
main competitors of Ruchi.
4. Ruchi brand keeping all retailer because
BRAND SHARE
Compan
y
Ruchi
Bharat
Everest
Swadist
Others
Total
Custome
r
Demand
82%
8%
6%
3%
1%
100%
Better
Quality
Affordab
le Price
Good
Service
Goodwill
80%
5%
8%
5%
2%
100%
85%
5%
6%
3%
1%
100%
78%
11%
7%
3%
1%
100%
88%
4%
4%
2%
2%
100%
90%
6%
Poor
Total
4%
100%
and pasta item are keeping 70% retailer but Health line product
of Ruchi keeping few retailer.
Table 1
Spice Category
Company
Ruchi
Bharat
Everest
Swadist
Others
Total
Rasulgarh
Manchesw
Kalpana
Old Town
70%
20%
5%
3%
2%
100%
ar
80%
8%
6%
4%
2%
100%
75%
15%
7%
2%
1%
100%
83%
10%
4%
2%
1%
100%
Ruchi market share is the 1st position in spices market. Then Bharat
just compete to Ruchi.
Market share in West Zone.
The result obtained after the analysis of primary data in west zone
giving in the following table.
Table 2
Spice Category
Company
Ruchi
Bharat
Everest
Swadist
Others
Total
Vani Vihar
70%
13%
10%
6%
1%
100%
Nayapalli
72%
14%
8%
2%
4%
100%
CRP
79%
11%
7%
3%
2%
100%
Khandagiri
81%
10%
5%
3%
1%
100%
In west zone also Ruhi is well ahead from other co spices company.
Table 3
Spice Category
Company
Ruchi
Bharat
Everest
Swadist
Others
Total
Satya
Unit 9
Unit 4
Unit 1
Nagar
77%
13%
5%
3%
2%
100%
80%
11%
2%
5%
2%
100%
76%
14%
5%
4%
1%
100%
84%
7%
2%
4%
3%
100%
Patia
83%
Barang
85%
C.S. Pur
58%
Damana
71%
Bharat
Everest
Swadist
Others
Total
27%
7%
5%
3%
100%
17%
8%
3%
1%
100%
9%
3%
3%
2%
100%
7%
5%
2%
1%
100%
FINDINGS
Marketing is a continues process. The process of marketing does not
end only after sailing but rather it increases relation between the
buyers and sellers. The followings are the findings of the Ruchi
spices, Pasta and vermicelli as per my survey study.
1. As my study most are the regular retailer Ruchi spices, Pasta and
vermicelli.
2. Most of the retailer influenced by its customer demand and better
quality.
3. Many retailers given important in the price and in time delivery.
4. Most important is given by most of the retailer in the taste factor.
5. Consumer satisfaction is given most important by majority of the
retailer.
6. In the degree of new most retailer are given moderately important
on the product.
7. Majority retailers are keeping Ruchi spices, pasta and vermicelli.
SUGGESTIONS
Based on the survey from the relatives in twin city some suggestions
are given below for consideration by Ruchi.
1. Brand Extension
Ruchi is a high brand equity in the market. Ruchi product line has
touched the market segment and is every product is running in every
market. So Ruchi can introduce more brand and it can cover itself
against any form of attack from other companies and capture market
shares in every possible segment.
2. Quality
The quantity of supply Ruchi spices should increase accordingly to
high demand of the product in market.
3. Advertisement
Advertisement is required to maintain its brand awareness. The
company is pursuing awards and advertisement also.
So that the survey has realized that there is a vast lack of media
coverage as it has not reached to rural areas.
Company name and product name should be visible in all retailer
outlets, displays hoardings, banners, glow sign boards and roadshows
etc. should be there in frequently.
4. Distribution
Ruchi distribution channel is good. However few irregular dealers are
creating some problem for retailer or dealer for solve the irregular
distribution problem. The problem is limited in few areas of the city.
Therefore the retailers are not satisfy.
5. Scheme
Ruchi may be providing scheme or offer to retailer. But it is not being
implemented properly. Schemes or offers are not reaching to retailers
in time. So the company can provide special scheme for retailers. It
has more sale on marriage season and in other festival period. So
Ruchi can provide special scheme or offer for marriages or function to
encourage more buyers and retailers.
6. Awareness of Product
Some of the retailers are not aware of all the products. Ruchi has
launched different kind of products. Company can promote dealer for
awareness of the product and push the products to retailer.
7. On Retailer
Retailer are interviewed from all over twin city. All are keeping spices.
Out of them 60% retailer keeping vermicelli and pasta. So the
company offered special scheme on the vermicelli and pasta product
and special to retailer. Because retailers can push them to consumers
directly.
CONCLUSION
The report has taken all its effort to provide the most reliable data on
retail market of Ruchi.
The company has given a landmark to the spices industries of Orissa.
It has given all its growth to the market for all such development of
its own. It has expanded its turnover. Variety, area of operation and
manpower opportunity at large.
As a conclusion Ruchi has achieved all the uncomparable hold on the
Orissa market. But the problem has arised with a question mark that,
whether the company can maintain the position or not.
BIBLIOGRAPHY
CONTENTS
CHAPTER - 1
INTRODUCTION
OBJECTIVE OF THE STUDY
RESEARCH METHODOLOGY
LIMITATION
CHAPTER-2
ORGANISATIONAL PROFILE
THEORITICAL BACKGROUND
RESEARCH &DEVLOPMENT
EXCERPTS(ABOUT THE PRODUCT)
COLLECTION ANALYSIS OF DATA
MARKET SHARE ANALYSIS
CHAPTER-3
SUMMARY OF FINDING
SUGGESTIONS
CONCLUSION
ANNEXURE
UNFILLED SAMPLE COPY OF
QUESTIONNAIRE
CHAPTER - 1
INTRODUCTION
OBJECTIVE OF THE STUDY
RESEARCH METHODOLOGY
LIMITATION
CHAPTER-2
ORGANISATIONAL PROFILE
THEORITICAL BACKGROUND
CHAPTER-3
SUMMARY OF FINDING
SUGGESTIONS
CONCLUSION
ANNEXURE
UNFILLED SAMPLE COPY OF QUESTIONNAIRE