Documente Academic
Documente Profesional
Documente Cultură
PROJECT
CONTENTS
CHAPTER
CONTENTS
PAGE
INTRODUCTION
2-8
9-22
COMPANY PROFILE
23-33
PRODUCT PROFILE
34-45
46-51
MARKETING STRATEGY
52-65
66-78
79-82
ANNEXURES
83-87
QUESTIONNAIRE
BIBLIOGRAPHY
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CHAPTER-1
INTRODUCTION
1.1 INTRODUCTION
1.2 SCOPE OF THE STUDY
1.3 OBJECTIVES
1.4 METHODOLOGY
1.5 LIMITATIONS
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CHAPTER - 1
INTRODCUTION
1.1.
INTRODUCTION:
Health is defined as a condition of the body free of diseases and
ailments.
All organisms require food for their existence. Food can be defined
as a substance, which nourishes the body. Food is the source of energy
and it also provides materials for growth and development.
Food is essential to know the composition of food we take everyday
and how it provides the energy required by the body for metabolic
activities.
Life is a boon gifted by god.
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Proteins, minerals and water are the chief constituents required for
formation of tissues, which in turn build the body.
Good health comes from good nutrition. Good nutrition means
maintaining a nutritional status that enables us to grow well and enjoy
good health. Good health fills us with good spirits, which ultimately
helps us to reach our goal.
Nutritious food and daily exercises are very essential to keep our
body fit in good health.
maintain the nutrition of their diet routinely and for a high class family,
lack of time is the reason for non maintenance of a well- nourished diet
daily.
Hence, now a day we see various advertisements of health drink,
health foods, which satisfy the above needs of the society
People of olden days considered milk to be the most nearly perfect
food. Milk was available easily in those days, as our country was a land
of agriculture. But now changing times have made India both a land of
agriculture and industries, a land of rural as well as urban population.
Milk in urban areas is consumed in the form of packed milk, which has
its own drawbacks. Adulteration of milk with water is also known.
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Hence, health drinks replenish the deficient nutrients & Provides
us a complete food. In the presented fast progressing dynamic world, it
provides extra and smart nutrients for extra energy.
need
good
health.
This
study
deals
with
knowing
consumers preference.
2.
3.
4.
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1.
2.
3.
4.
5.
6.
7.
8.
9.
To know why the consumers prefer and to know how they were
introduced to particular brand.
10.
11.
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12.
1.4. METHODOLOGY
Information required for the studies are obtained through primary
and secondary data collected.
As well as structured close- ended questionnaire was framed which
would provide all the possible data required basically through the study
the objectives of the primary data.
Primary data
Primary data was collected through personal interview with the
sales manager, consumers and distributors of companys agency in
Chikmagalur Town.
The data expressed above was collected through structured closeended questionnaire in course of interviewing through personal contacts.
Tools for data collection
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A questionnaire was designed to collect the data and the questions
relevant have been sequenced in such a way that they provide a free flow
of answers.
Ultimately to collect the primary data a detailed comprehensive &
structured schedule was framed as per the objectives of the study.
The schedule was a closed type consisting of multiple-choice
questions as the checklist type of questions so that several choices of
answers and in the some case, the respondents are required to manually
to express their view.
Plan of analysis
The entire questionnaire from the respondents was arranged & a
master chart was prepared from the master chart analysis& profiles of
respondents were chalked out by preparing table & group I.e. they were
analyzed with the help of statistical technique like averages percentage
etc, order to interpret the data and to draw conclusions.
Secondary data
Secondary data was collected from newspaper, health magazines,
books, periodical annual reports, industrial manual books etc.
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1.5. LIMITATIONS
1.
2.
3.
The analysis has been done on the basis of the values &
information obtained in the balance of the company. The balance
sheet & its schedules gave only limited information regarding the
performance of the company.
4.
The figures in the balance sheet may not be actual figures because
it as prepare on a particular.
5.
6.
7.
8.
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Chapter-2
Essence Of Health
Drink
2.1 INTRODUCTION
2.2 BALANCED DIET
2.3 MICRO NUTRIENTS
2.4 MACRO NUTRIENTS
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2.5 NUTRITIONAL IMPORTANCE OF INGREDIENTS
CHAPTER-2
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A health drink is one that furnishes our body with the
essential nutrients and energy, which provide strength to perform our
duties with no flaw.
There are many beverages, which are consumed by people such as
tea, coffee, etc. Yes they indeed stimulate our brains with increased
enthusiasm and transient, pseudo feeling of energy that enables us to do
work, but soon fades off. Then, the stimulation has to be given again.
This leads to a sort of addiction, which makes us mentally as well as
physically weak.
Hence, these kinds of brain stimulating beverages are not only less
useful but also some times harmful. Thus, we need a health drink which
is equivalent to the food we take i.e., a food drink which
provides us
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`
The ingredients that are added to these nourishing food drink are:
Milk solids, Malted barley, Malt extract, Sugar, Minerals &
Vitamins.
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To maintain a balanced diet is quite difficult because of various
reasons.
1.
Lack of knowledge.
2.
3.
Consumption of time.
4.
5.
6.
ii)
2.3.
MICRO-NUTRIENTS:
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They constitute vitamins and minerals.
1) Vitamins:
Health drink provides vitamins A, vitamin B1, B2, B6, B12,
vitamin C, vitamin D, Niacin and Folic acid.
Significance of these vitamins is explained below:
a)
Vitamin A:
Sources:
Animals sources Fish lever oil, milk, butter and egg.
Plant
sources
green
leafy
vegetables,
yellow
fruits,
and
vegetables.
Functions:
i.
ii.
iii.
iv.
Daily requirements:
For adults 750 mg
IDSG GOVT FIRST GRADE CHIKMAGALUR
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For children 250 600 mg
Deficiency diseases:
Nigh blindness, growth retardation, anorexia.
b) Vitamins:
Vitamin B1 sources:
Plant sources: Cereals, gram, wheat, pulses, nuts, and fruits.
Animal sources: Meat, fish, eggs.
Functions:
Daily requirements:
0.5 mg/1000 kilocalories of energy.
Deficiency diseases:
Beri Beri.
C) Vitamin B2 sources:
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Milk, egg, green leaves, vegetables, meat, cereals.
Functions:
Daily requirement:
0.6 mg/1000 kilocalories
Deficiency diseases:
Impaired wound-healing, ulcers in tongue, lips.
d) Vitamin B6 sources:
Milk, Meat, Fish , Cereals , Vegetables .
Functions:
It plays an important role in metabolism of amino acids, fats and
carbohydrates.
Daily requirement:
2mg/day
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Deficiency diseases:
Peripheral neuritis.
E) Vitamin B12 sources:
Meat, Fish, Egg, Milk and Cheese.
Functions:
Helps in synthesis of D.N.A.
Daily requirement:
One microgram.
Deficiency diseases:
Anemia, neurological abnormality.
E) Vitamin C sources:
Fresh fruits, green leafy vegetables, meat, fish.
Functions:
Daily requirement:
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40-60 micrograms.
Deficiency diseases:
Bleeding gums delayed wound-healing, anemia.
F) Vitamin D sources:
Sunlight, egg yolk, milk, butter, cheese.
Functions:
Daily requirement:
Micro grams per adults.
5 micro grams for childrens
10 micro grams for pregnant women.
Deficiency diseases:
Rickets characterized by growth failure, osteomalacia mainly
during lactation and pregnancy.
G) Niacin:
Milk is poor source of Niacin vitamin.
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Source: Fish, poultry, legumes, groundnut.
Functions:
Daily requirement:
6.6 mg/1000 kilocalories
Deficiency diseases:
Pellagra, a disease that causes great suffering in undernourished
people.
2. FOLATE:
Source: Leafy vegetables, fruits, egg and milk.
Functions:
Helps in development of blood cells.
Daily requirement:
5-10 mg
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Deficiency diseases:
These are common in pregnancy and lactation.
3. MINERALS:
A) Calcium:
Sources: Cereals, green leafy vegetables.
Functions:
It is essential in formation of bones and teeth.
Daily requirement:
400-500mg of calcium.
B) Iron:
Sources: Cereals, green leafy vegetables, jaggery.
Functions:
It helps in maintaining body temperature.
Daily requirement:
Infants 0.7 mg
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Children 1mg
Adults 0.9 mg
Female: During menstruation time 2.8 mg.
Deficiency diseases:
Anemia.
C) Iodine:
It is an essential micronutrient.
Sources: Milk, meat, vegetables, cereals in small amount.
Functions:
It is essential for normal growth.
Daily requirement:
150mg/day.
Deficiency diseases:
Goiter, mental defect.
D) Zinc:
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Sources: Meat, milk, fish.
Functions:
Required for synthesis of insulin by pancreases.
Daily requirement:
5-10 mg
Deficiency diseases:
Growth failure, loss of taste.
2.4.
MACRO NUTRIENTS:
1) Proteins:
They are made up of ammonia acids at lest 20 amino acids are
needed to make up a protein.
Sources of proteins:
Animal sources are rich in essential amino acids e.g. milk.
Plant sources are rich in non-essential amino acids but essential
amino acids are less abundant.
Functions:
IDSG GOVT FIRST GRADE CHIKMAGALUR
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Daily requirement:
1gram per kg body weight for an Indian adult.
Deficiency diseases:
Protein energy malnutrition in children.
2) Carbohydrates:
Sources: Cereals, roots, tubers, fruits and grains.
Functions:
Carbohydrates are the main source of energy. It provides 4 kcal of
energy per gram.
3) Fats:
Fats are concentrated sources of energy. They constitute 10-15% of
body weight.
Source:
Plant sources: Groundnut, cereals, pulses.
Animal sources: Ghee, butter, milk, cheese and eggs.
IDSG GOVT FIRST GRADE CHIKMAGALUR
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Functions:
Deficiency diseases:
Phrenoderma, a condition consulting rough and dry skin.
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Barley is a cereal plant and an edible grain. It has nut like flavor.
It is rich in carbohydrates with moderate quantities of protein, calcium,
and phosphorous and small amounts of vitamin B.
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CHAPTER 3
COMPANY
PROFILE
3.1. HISTORY
CARE
OF
GLAXO SMITHKLINE
CONSUMER
HEALTH
LTD.
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CHAPTER 3
COMPANY PROFILE
3.1.
based company that operates mainly in the food processing industry. The
company manufacturers and markets malted milk food products, malted
food products and biscuits. The companys products are marketed under
the Viva, Boost, Horlicks, Maltova, and other brand names. During the
year ended, the company sold its products throughout India, as well as
reported to a number of foreign countries, including Bangladesh,
Myanmar, Sri Lanka, Middle East, Hong-Kong, Malaysia, Fiji, Mauritius,
Nepal and Bhutan.
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Glaxo SmithKline Consumer Health Care Ltd is one of the largest
players in the health food drinks industry in India. The company, with
its manufacturing plants located in Nabha, Rajahmundry and Sonepat,
has a total workforce of over 2700 people, each driven by a spirit of
enterprise.
Its flagship product, Horlicks, is a highly respected brand, which is
over 100 years old in India. The company also manufactures and markets
Boost, Viva, Maltova, and Biscuits and in addition promotes and
distributes a number of products in diverse categories, including
prominent brands such as Eno, Crocin and Iodex.
Glaxo SmithKline Consumer Health Care Ltd., has a strong
marketing and distribution network in India comprising over 1800
wholesaler and direct coverage of over 4,00,000 retail outlets.
Glaxo SmithKline Consumer Health Care Ltd., business is based
on
scientific
innovation.
The
company
has
dedicated
consumer
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An
Indian
associate
of
Glaxo
SmithKline
Company
has
b.
Clinical laboratories
c.
Pharmaceuticals.
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Commitment to the GSK code of conduct is reinforced each year by
a senior management certification programme, and in 2005 over 12.000
managers certified they had complied with performance with integrity
principles. The structure of this business was redesigned in 2004 in
order to focus on brands and their growth opportunities.
3.2. PERFORMANCE OF THE COMPANY:
1. Sales:
Sales for 2013 increased by 12.9%driven primarily by volume
increases.
2. Other income:
Other income declined marginally by Rs. 79.02 lakhs primarily due
to higher write backs of provisions in the previous year, which were no
longer required and higher interest on income tax refunds in 2009.
3. Expenditure:
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During the year, input cost of raw material, packing material and
finished goods, as a percentage to sales has reduced to 29% as against
31.8% last year mainly due to lower input costs (particularly liquid milk
and skimmed milk powder).
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The company has made provisions for taxation for the year
amounting to Rs.58, 74.99 lakhs (including deferred tax and provision
for fringe benefit tax) on profit before tax. The effective tax rate for the
year is 36.2% as against the 36.9% last year mainly due to the favorable
impact on deferred tax and reduction in the corporate taxation rates.
Provision for fringe benefit tax, introduced during the year, amounted to
Rs.4, 16.00 lakhs.
6. Return on capital employed:
Consequent to the increase in profits of the company the return on
capital employed (average) during the year increased to 32.3% from
22.6% last year.
The present board of directors of the company:
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Mr. Simon Scarff
Managing Director
Directors operations
Mr. Chakraborty
Mr. P. Dwarakanath
Mr. P. Murari
Managing Director
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Balance sheet
Dec '
10
Dec '
09
Dec '
08
Dec '
07
42.06
42.06
42.06
Dec ' 06
Sources of funds
Owner's fund
Equity share
capital
42.06
42.06
Share
application
money
Preference
share capital
Reserves &
surplus
917.98
863.04
Secured loans
Unsecured
loans
Total
960.04
718.8
2
604.2
9
500.66
Loan funds
905.1
760.8
8
646.3
5
542.72
539.4
7
523.6
8
521.69
Uses of funds
Fixed assets
Gross block
598.96
558.48
Less :
revaluation
reserve
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Less :
accumulated
depreciation
396.71
364
329.2
4
297.6
5
270.32
226.0
2
251.36
17.31
6.53
297.8
4
219.68
Net block
202.25
194.48
210.2
3
Capital workin-progress
108.33
37.79
16.33
Investments
2,191.
40
1,737.
34
865
378
302.35
Less : current
liabilities &
provisions
1,541.
94
1,064.
50
330.6
8
272.8
2
237.2
Total net
current assets
649.46
672.83
534.3
2
105.1
8
65.15
Miscellaneous
expenses not
written
Total
960.04
905.1
760.8
8
646.3
5
542.72
Notes:
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Book value of
unquoted
investments
Market value
of quoted
investments
Contingent
liabilities
335.09
59.92
72.85
7.03
3.86
Number of
equity
sharesoutstan
ding (Lacs)
420.56
420.56
420.5
6
420.5
6
420.56
297.8
4
219.68
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Dec '
09
Dec '
08
Dec '
07
2,359.
45
1,976.
97
1,584.
33
1,307.
88
1,139.28
Material
consumed
866.86
715.78
587.62
444.27
386.13
Manufacturi
ng
expenses
223.18
191.99
175.88
143.85
132.4
Personnel
expenses
229.66
200.7
171.95
154.94
136.38
Selling
expenses
484.09
392.32
272.15
230.39
205.61
Adminstrati
ve
expenses
111.95
110.99
91.52
72.88
66.5
Expenses
capitalised
Dec ' 06
Income
Operating
income
Expense
s
Cost of
sales
1,915.
74
1,611.
78
1,299.
12
1,046.
33
927.02
443.71
365.19
285.21
261.56
212.26
Other
recurring
income
55.05
35.62
44.12
31.49
23.38
Adjusted
PBDIT
498.76
400.82
329.33
293.04
235.64
Operating
profit
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Financial
expenses
Depreciatio
n
2.6
4.27
6.97
4.61
3.53
39.71
42.02
41.95
43.49
42.71
Other write
offs
Adjusted
PBT
456.45
354.52
280.42
244.94
189.4
Tax
charges
152.25
123.69
95.75
82.46
63.66
Adjusted
PAT
304.2
230.83
184.66
162.48
125.74
Non
recurring
items
-4.64
-0.66
3.67
0.18
1.17
0.02
0.03
Other non
cash
adjustment
s
0.59
2.61 -
Reported
net profit
300.14
232.78
188.33
162.68
126.93
Earnigs
before
appropriati
on
421.08
232.78
188.33
162.68
126.93
Equity
dividend
210.28
75.7
63.08
50.47
42.06
Preference
dividend
Dividend
tax
34.92
12.87
10.72
8.58
5.9
Retained
earnings
175.88
144.22
114.53
103.63
78.98
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Marketing Of Boost
CHAPTER-4
PRODUCT
PROFILE
4.1 INTRODUCTION
4.2 NUTRITION FACTS
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CHAPTER-4
PRODUCT PROFILE
4.1. INTRODUCTION:
In India Glaxo SmithKline Consumer Healthcare is a leading
consumer healthcare company. It has launched many products, which
have been successful in the consumer market.
There
are
many
successful
products
of
Glaxo
SmithKline
Consumer Healthcare Company. They are the main and unique health
drinks manufactured by the company. They differ in their contents, color,
taste etc., but they are nutritious and unique in their quality.
The difference in variety is only to satisfy likes and needs of the
customers.
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Food drinks are almost popular in any part of the world. Another
plus point for these food drinks to become world wide is that they are
permitted and approved by the health personnel also.
Tea, coffee and other beverages though preferred by many people
act as only brain stimulants but are not nutritious.
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Marketing Of Boost
Kerala in 1975-76. Positioned as the energy fuel, the brand soon
generated great consumer pull and was subsequently launched at a
national level.
Around 1984, however, Boost sales seemed to plateau. This led to
a complete re-thing about the brand strategy. A deeper understanding of
purchase dynamics of the category revealed that by the latter of the
1980s, children had come to become strong influencers in a familys
purchase of these HFD products. What was also observed was that this
section of the population had the highest requirement for supplementary
energy and was also the most enthusiastic about sports
- cricket, in
particular.
Infused with this insight, Boost was consequently repositioned. It
pushed forward the association of kids of this age group with cricket.
This has since remained a winning strategy.
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Boost product:
Boost is a malt-based drink in chocolate flavor, with the brand
philosophy being to continuously innovate and pioneer changes in the
category.
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Marketing Of Boost
This re-launch has helped boost capture the position of number
one brown health food drink in India.
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Marketing Of Boost
At the same time boost is also playing the role of creating more
sophisticated business practices in product segment. It is working on
products with further valve addition, enlarging its presence in rural
markets, and developing a sizeable expert out of home consumption is
plank, another area where there appears to be bright prospects for the
brand.
By now
combining nutrition and taste with convenience, the brand looks all set
to reach out to a wider group of consumers and a different range of usage
occasions all at once.
Promotion:
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Marketing Of Boost
Cricket has been the cornerstone of Boosts brand promotions.
This sport commands unique passion in India, among children in
particular.
situation after all, to play quality cricket and last the duration of a
cricket match loads of energy are required. Therefore Indias most famous
cricket stars, particularly those with a humungous following among
children, have successively endorsed boost.
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Marketing Of Boost
Kapil Dev, who was the countrys most charismatic cricketer in the
1980s, flagged this off.
Tendulkar, who emerged in the early 1990s as a baby faced teenager and
instantly became the heartthrob of millions of cricket crazy Indians,
especially young children. Sachin has remained steadfast in his support
for boost with explosive batsman Virender Sehwag joining the little
master as brand ambassador in 2001.
The on pitch chemistry between Indias opening duos has
continued beyond cricket and the cricket pitch or so it would seem when
viewing the commercials starring the two.
Brand values:
The personality of the boost brand is distinctly sporty and
energetic and everything from the tone of communication to packaging
is done to reflect this vibrant energy. Today, the colour red and Boost
is the secret of my energy have become synonymous with the brand.
Things you didnt know about boost:
IDSG GOVT FIRST GRADE CHIKMAGALUR
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Boost has a household penetration of 40%, 45% in several cities
and towns in south India, the brands stronghold. In towns like Chennai
and Madurai this penetration exceeds 50% among section A and B
households and 40% among all households (Source. IMRB panel data
Jan-Dec 2003).
Sachin Tendulkar appeared in a boost advertisement for the first
time at the age of seventeen.
The kid, who started in the boost advertisement with Kapildev,
went on to become a member of the Indian cricket team Nikhil Chopra.
There is a range of interesting products prepared with boost, which
cater to local tastes: the boost barfis, for example, in certain parts of
south India.
Boost has the highest frequency of purchase among all brown
powders in India (Source: IMRB Household panel). Boost is the fastest
growing brand (2003 over 2002) among the top five health food drinks in
India. (Source: Acnielsen Retail survey, 2003).
4.2. NUTRITION FACTS:
Nutrition facts of boost
IDSG GOVT FIRST GRADE CHIKMAGALUR
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Nutrients
Vitamin B2
50
Vitamin B6
50
Vitamin B1
50
Vitamin B12
50
Niacin
50
Pantothenic acid
50
Folic acid
50
Iron
50
Vitamin A
50
Vitamin C
50
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Marketing Of Boost
50
50
50
50
50
50
50
50
50
50
45
PERCENTAGE
40
35
30
25
20
15
10
5
0
Vitamin B2
Vitamin
B12
Folic acid
Vitamin C
NUTRIENTS
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Marketing Of Boost
CHAPTER-5
A CASE STUDY OF
KHARIDHI
DISTRIBUTORS
CHIKMAGALUR
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Marketing Of Boost
CHAPTER-5
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Marketing Of Boost
KHARIDHI DISTRIBUTORS was established in the year 2004. The
proprietor, a single owner who manages the business, runs the agency.
The premises has got spacious are measuring 30x20 which is
sufficient for storing and marketing the products.
This firm is the prime distributor of SmithKline Consumer
Healthcare products to Chikmagalur.
Chikmagalur depot.
The turnover of the agency is Rs.15,00.000/- every month and the
total expenditure of the agency every month is 2% of the turnover.
RAMA
distributor
is
situated
in
the
central
part
of
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Marketing Of Boost
The agency sells its products both on cash and credit basis. The
credit given on products is recovered within one week of the delivery of
products.
This agency is successful in fulfilling the demands of the
consumers in Chikmagalur .
System of delivery:
The agency has appointed three salesmen and two delivery boys for
the delivery of the products to its customers. It is also has the facility of
vehicles that is an Omni van for the delivery of products to the spot.
It drives the entire area of coverage into sub areas in Chikmagalur,
covering them as per the schedule prepared for a week.
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The agency cover 1000 outlets in Chikmagalur Town and 60
outlets.
P R O P R IE T O R
S a le s m e n - 3
A c c o u n ta n t - 1
D e liv e r y b o y s -2
D r iv e r - 1
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Marketing Of Boost
ORGANIZATION OF KHARIDHI DISTRIBUTORS:
Different brands of Glaxo SmithKline Consumer Healthcare Ltd.,
handled by SRI RAMA. Distributors, Chikmagalur.
Product
Horlicks
Packing
kg, 1kg, 2kgs, 3kgs, jars,
kg, 1kg, 2kg, refill
Chocolate Horlicks
kg jar, kg refill
Junior Horlicks
kg jar, kg refill
Horlicks biscuits
Boost
Boost biscuit
Crocin tablets
A pack of 10 strips
Crocin syrup
200ml bottle
Crocin drops
15ml
Crocin DS
60ml
Crocin suspension
60ml
Eno R
100gm
Iodex B
50g
Iodex PC
10g
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COVERAGE AREAS:
Weeks
Routes
Monday
Vijayapura surrounds
Tuesday
Bypass road
Wednesday
Kote
Thursday
MG and IG road
Friday
City outlets
Saturday
Jayanagara
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CHAPTER-6
MARKETING
STRATEGY
INTRODUCTION
MEANING AND DEFINITION OF MARKETING STRATEGY
MARKETING MIX STRATEGY OF BOOST PRODUCTS
A)
PRODUCT STRATEGY
B)
PRICE STRATEGY
C)
PROMOTION STRATEGY
D)
PLACE STRATEGY
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CHAPTER-6
MARKETING STRATEGY
6.1. INTRODUCTION:
MARKETING:
Marketing is a comprehensive term, which includes human
activities directed towards satisfying needs and wants, once the need is
identified the product or service is produced, stored, promoted price
fixed, transported the terms of exchange negotiated and service accrued.
Marketing study has become almost as broad as business.
The
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Marketing strategy is blending of combination of four elements
namely, product, price, place and promotion.
Marketing strategy is an important tool used by marketing manager
to design the process. Marketing in an organization. It is a plan design
to analyses the marketing problems.
It is a comprehensive term and includes all resources and a set of
activities necessary to direct and facilities the flow of goods and services
from producer to consumers.
According to businessmen, marketing has twin activities:
a)
b)
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Prof. Philip Kotler says, marketing is the analysis, planning,
implementation and control of programs designed to bring desired
exchanges with target audiences for the purpose of personal and mutual
gain. It relies heavily on the adaptation and co-ordination of product,
price, promotion and place for achieving response.
A strategy is what you are going to do a marketing strategy is the
link between a product and the market. It is translated into an action
plan through the tools of marketing management. These tools together
called marketing strategy.
Marketing mix:
Marketing mix is the combination of four elements namely product,
price physical distribution (place) and promotion.
According to Prof. Kelly and Leser, marketing strategy is composed
of a large battery of devices which might be employed to induce
consumers to buy a particular product.
Nature of marketing strategy:
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Marketing strategy is a dynamic process it changes in needs of the
customers. Marketing strategy is a difficult task as it involving the
blending of decision in 4 different areas of marketing i.e., the product,
price, promotion and place.
Basic objectives of marketing strategy:
The basic objective of marketing strategy is to satisfy the needs of
the customers in the most economical manner. The emphasis of
marketing strategy is on how to satisfy the needs of the customers
effectively.
Marketing strategy:
Marketing strategy is to total and unbeatable instrumental or a
plan shaped and designed specifically for attaining the marketing
objectives of a firm. A marketing mission and objectives tell us to where
we want to go and marketing strategy provides us with the grand design
for reaching out these.
6.3. MARKETING MIX STRATEGY OF BOOST PRODUCTS:
1)
Production strategy:
Product:
IDSG GOVT FIRST GRADE CHIKMAGALUR
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A product is anything that can be offered to a market to satisfy a
want or need. Products that are marketed include physical goods,
services,
experiences,
persons,
places,
properties,
organizations,
Product design:
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The marketing starts with designing the product in a way, which is
required, by the target consumers product design is an important factor
in sale of many products. Product designed properly enhance their utility,
attractiveness, safety and appear, good design, therefore increase sales
volume minimizes service and reduces transportation charges.
Product package:
Packaging is the general group of activities in designing the
containers or wrappers for products.
b)
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c)
d)
Branding policy:
Boost is one of the health drinks of Glaxo SmithKline consumer
health care limited. The Glaxo SmithKline consumer health care limited
company market products i.e., full company products under the brand
name GSK. All these products manufactured by the company will have
the brand name printed.
it is easy for the dealer to market the products without much difficulty. It
is also advantages on part of the consumer to purchase GSK products
without any suspect about the quality of the product.
The companys brand name is very popular because the name has
got
the
monopoly
over
the
marketing
of
health
care
products
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Price is one of the element of the marketing mix that produces
revenue the other elements produce costs. Prices are the easiest
marketing mix element to adjust product features, channels, and even
promotion take more time price also communicates to the market the
companys intended value position of its product or brand.
Price is a major marketing tool and help in directing the product to
a specific consumers segment price is the value of a product expressed in
terms of money price is powerful instrument in which both the buyers
and sellers are keenly interested.
The right price can be determined through the price research are
by adopting the test marketing techniques, decisions concerning price to
be follow for a period of time may be called price policies. A manufacture
is not free to adopt his own price policies but his pricing must be aimed
at offering a reasonable price to the customer, ensuring of fair return on
investment price to the customer and the manufacturer, the modern
manufacturer must not only know the worth of his products but he must
also know the competition offer.
Several factors influencing the decisions in determining price
1)
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2)
3)
Competitive reactions
4)
2.
b)
c)
d)
b)
c)
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d)
b)
Determining demand
c)
Estimating costs
d)
e)
f)
Pricing policy:
Price is very important element in marketing mix as realized by
Glaxo SmithKline consumer health care limited. Therefore management
of the company keeping in view of the following objectives very carefully
forms the pricing decisions or policies.
a)
b)
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c)
d)
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b)
c)
d)
sales promotion, public Town and public relations. All these methods,
when planned and mixed in appropriate proportional yield excellent
results. The fair methods are briefly mentioned.
PubliTown:
Publi Town is a sale and is any non-personal presentation of
goods, services or ideas to a group.
Publi Town makes a thing or an idea to know to people promotion
mix is generally influenced by factories. A good promotional Mix involves
the co-ordination of sales force activities advertising program and other
promotional efforts the development of promotional program involves 5
types.
a)
b)
c)
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d)
e)
Advertising:
Unidentified sponsor defines advertising as any paid form of nonpersons presentation and promotion of goods, services, or idea.
Advertising is informative and educative to consumer. The effect of
advertising is more of indirect nature than direct. But it is very helpful in
creating brand image.
Sales promotion:
Sales promotion is refused to activities, which stimulate consumer
purchasing and effectiveness. Sales promotion effects are usually short
term and therefore are used to achieve short term objectives like
branding boosting sales, test marketing image building etc.
Public relations:
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It involves the method installation and maintenance of mutual
understanding between a firm and all who are likely to come in contact
with
it.
These
sections
of
society
are
customers,
shareholders
marketing mix. It stands for making management for the smooth flow of
goods and services from the producer to consumers. It is concerned with
the creation of place, time and possession utilities.
In distribution process middleman or intermediaries plays a very
important role. They unsure smooth flow of goods and services they are
commonly
called
as
distribution
channels.
Distribution
includes
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It is a marketing term to describe the broad range of activities
concerned with the efficient movement of finished products from the end
of production line to the consumer. While our products may be
acceptable to the consumer due to the awareness created through
marketing.
Distribution
ensures
that
it
is
converted
to
sales.
Market coverage
Outlet coverage
Collecting payments.
Distribution mix stands for the matching arrangement for the
smooth flow of goods and services from the producers to the consumers.
It is concerned with creation of place, time and possession utilities.
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Distribution strategy adopted by Glaxo SmithKline Consumer
Healthcare Limited:
The company recognizes distribution as an integral post of its
management function. The management feels that it faces a number of
intimate problems and dilemas.
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CHAPTER-7
CONSUMER
SURVEY
ANALYSIS
N
7.1. INTRODUCTION
7.2. CONSUMER SURVEY ANALYSIS
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CHAPTER-7
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To sketch out the customers desires and demands, a search has to
be undertaken of their minds. This is possible only through conducting a
survey. Hence, to know the consumers attitude towards the health food
drinks of Glaxo SmithKline consumer healthcare, a sample survey has
been undertaken and its report is presented hereby.
The total numbers of respondents interviewed are 50, the
respondents being selected by random sampling.
No. Of
respondents
Percentage (%)
5-10
10-15
12
24
15-20
16
20 and above
30
60
Total
50
100
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CHART SHOWING CLASSIFICATION OF RESPONDENTS ON THE BASIS OF AGE
GORUP
60
60
50
E40
G
A
T30
N
E
C20
R
E
P
10
24
16
10-15
15-20
20 and above
AGE IN YEARS
The above table reveals that 24% of the respondents are between
the age group of 10-15 years, 16% of respondents are in the age group of
15-20 years, and 60% of respondents are in the age group of 20 and
above.
TABLE-2: CLASSIFICATION OF RESPONDENTS ON THE BASIS OF
SEX
Sex
No. Of
respondents
Percentage (%)
Male
29
58
Female
21
42
Total
50
100
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42%
58%
Male
Female
The above table reveals that 58% of the respondents are male and
the remaining 42% of respondents are female.
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Monthly income (Rs.)
No. Of
respondents
Percentage (%)
Below 5000
12
5000-10000
12
24
10000-15000
13
26
19
38
Total
50
100
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CHART SHOWING CLASSIFICATION OF RESPONDENTS ON THE BASIS OF MONTHLY
INCOME
38
40
35
26
PERCENTAGE
30
24
25
20
15
12
10
5
0
Below 5000
5000-10000
10000-15000
From the above table it is clear that 12% of respondents are in the
monthly income of below 5000, 24% of respondents are in the monthly
income of 5000-10000, 26% of respondents are in the monthly income of
10000-15000, 38% of respondents are in the monthly income of 1000015000, 38% of respondents are in the monthly income of 15000 and
above.
TABLE-4: CLASSIFICATION OF RESPONDENTS ON THE BASIS OF
HEALTH DRINK BRANDS
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Brands
No. Of
respondents
Percentage (%)
Boost
36
72
Complan
Maltova
Horlicks
Bournvita
12
Others
Total
50
100
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CHART SHOWING CLASSIFICATION OF RESPONDENTS ON THE BASIS OF HEALTH DRINK
BRANDS
80
72
70
PERCENTAGE
60
50
40
30
20
12
6
10
0
Boost
Complan
Maltova
Horlicks
Bournvita
Others
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Years
No. Of
respondents
Percentage (%)
Below 1 year
1-2
16
2-3
18
3 and above
30
60
Total
50
100
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CHART SHOWING CLASSIFICATION OF RESPONDENTS ON THE BASIS OF USING PERIOD OF
BOOST HEALTH DRINK
60
60
PERCENTAGE
50
40
20
18
16
30
6
10
0
Below 1 year
1-2
2-3
3 and above
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Sources
No. Of
respondents
Percentage (%)
Friends
21
42
Retailers
Neighbour
Advertisement
25
50
Others
Total
50
100
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CHART SHOWING CLASSIFICATION OF RESPONDENTS ON THE BASIS OF
SOURCES INFLUENCED TO CONSUME THE PRODUCT
2%
42%
50%
4%
Friends
Retailers
Advertisement
Others
2%
Neighbour
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Factors
No. Of
respondents
Percentage (%)
Taste
42
84
Flavor
16
Price
Packing
Total
50
100
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CHART SHOWING CLASSIFICATION OF RESPONDENTS ON THE
BASIS OF FACTORS CONSIDERED WHILE PURCAHSING BOOST
90
84
80
PERCENTAGE
70
60
50
40
30
16
20
10
0
Taste
Flavour
Price
Packing
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Duration
No. Of
respondents
Percentage (%)
Occasionally
10
Frequently
12
Fortnightly
Monthly
36
72
Total
50
100
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CHART SHOWING CLASSIFICATION OF RESPONDENTS ON THE
BASIS OF DURATION OF PURCHASE OF THE HEALTH DRINK
72
Monthly
Fortnightly
12
Frequently
10
Occasionally
0
10
20
30
40
50
60
70
80
PERCENTAGE
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Taste of Boost
No. Of
respondents
Percentage (%)
Good
13
26
Better
16
Best
10
20
Excellent
19
38
Total
50
100
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CHART SHOWING CLASSIFICATION OF RESPONDENTS ON THE
BASIS OF TASTE SATISIFED BY THE CUSTOMERS
Good
26%
Excellent
38%
Better
16%
Best
20%
No. Of
respondents
Percentage (%)
Costly
Moderate
33
66
Economical
14
28
Total
50
100
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CHART SHOWING CLASSIFICATION OF RESPONDENTS ON
THE BASIS OF OPINION ABOUT THE PRICE OF BOOST
66
70
60
PERCENTAGE
50
40
28
30
20
10
0
Costly
Moderate
Economical
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Satisfaction
No. Of
respondents
Percentage (%)
Satisfied
50
100
Not satisfied
Total
50
100
100
90
PERCENTGE
80
70
60
50
40
0
30
20
10
0
Satisfied
Not satisfied
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CHAPTER-8
SUGGESTIONS
AND
CONCLUSION
8.1. SUGGESTIONS
8.2. CONCLUSIONS
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CHAPTER-8
Adding free gift items like playthings for children, offers, which
attract housewives, will increase the marketing of the product.
Increased
significance
has
to
be
given
to
the
media
of
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medium
information.
of
communication
for
conveying
product
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8.2. CONCLUSIONS:
From the sample survey reports, the following
Health drinks are consumed most by children and the elders who
are the high- risk people for under nutrition.
Middle
class people also prefer buying the product while these products
have failed to reach the low class people mainly due to the price
factor.
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CHAPTER -8
ANNEXURE
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QUESTIONNAIRE
Dear Sir / Madam
I am Roopa M S student of Final year BBM at IDSG COLLEGE CHIKMAGALUR
the project chosen by me is a project report on MARKETING OF BOOST
yours sincerely,
Roopa M S
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1.
Name:
____________________________________________
2.
Address:
____________________________________________
____________________________________________
Contact No.
3.
4.
_________________________________
b) 10-15
b) 15-20
d) 20 and above
Sex
a) Male
5.
b) Female
Marital status
a) Married
b) Unmarried
6.
Occupation: _______________________________________________
7.
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8.
9.
10.
a) Below 5000
b) 5000-10000
c) 10000-20000
d) Horlicks
b) Complan
e) Bournivta
c) Maltova
f) Others _____________________
b) 1 to 2 years
c) 2 to 3 years
d) 3 and above
b) Retailers
c) Neighbors
d) Advertisement
d) Others _______________________________________
11.
12.
13.
b) Flavor
c) Price
d) Packing
b) Frequently
c) Fortnightly
d) Monthly
b) Moderate
c) Economical
14.
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a) Good
b) Better
c) Excellent
d) Best
e) Bad
15.
16.
b) No
Date:
Place:
Signature
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BIBLIOGRAPHY
MARKETING MANAGEMENT -
PROF.S.A. SHERLEKAR
MARKETING MANAGEMENT -
PHILIP KOTLER
WEBSITES
www.gsk.com
www.boostenergy.com
www.google.com