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1.1 INTRODUCTION
Marketing is a social and managerial process by which individuals and groups obtain
what they need and want through creating and exchanging products and values with others. It
is a integrated process through which companies create value for customers and build strong
customer relationships in order to capture value from customer in return.
Marketing is used to create the customer, to keep the customer and to satisfy the
customer. With the customers as the focus of its activities, it can be concluded that marketing
management is one of the major components of business management. The evolution of
marketing was caused due to mature markets and overcapacities in the last decades.
Companies then shifted the focus from production to customers in order to stay profitable.
The term marketing concept holds that achieving organizational goals depends on
knowing the needs and wants of target markets and delivering the desired satisfactions. It
proposes that in order to satisfy its organizational objectives, an organization should
anticipate the needs and wants of consumers and satisfy these more effectively than
competitors.
Marketing develops as a society and its economy develops. The need for marketing
arises and grows as a society moves from an economy of agriculture and self-sufficiently to
an economy built around division of labour, industrialization and urbanization.
In an agrarian are backward economy, the people are largely self-sufficient. They
grow their own good, make their own clothes and build their own houses and tools. There is
no marketing because there is no exchange. As time passes, however, the concept of division
of labour begins to evolve. People concentrate on producing the items in which they excel.
This results in their producing more then they excel. This result in their producing more then
they need of some items and less than they need of others. Whenever people make more then
they want or want more than they want or make, the foundation is laid for trade and trade
(exchange) is the heart of marketing. At first the exchange process is a simple one. The
emphasis is largely on the production of basics, which usually are in short supply. Little or no
attention is devoted to marketing and exchanges are very local-among neighbour or perhaps
among neighbouring village in the next steps in the evolution of marketing, small producers
begin to manufacture their goods in larger quantities in anticipation of future orders.
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Meaning of Marketing:-
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In the industrial period, handicraft operations appeared in factories; many factories
came up and rural areas develop into urban areas where people attracted. The people started
life spending their time in factories and facilitated mass production, i.e., home production
was replaced by factory system and hand operations were replaced by machines. Because of
introduction of new invention along with new machines, the production was on large scale.
With the advent of industrial revolution, their arose mass production. Mass production were
followed by large –scale consumption .In order that the product may rich the hands of the
ultimate user new method of marketing appeared.This industrial revolution in the causes of
creation of Morden marketing system.
FEATURES OF MARKETING
Customer focus:
The marketing function of a business is customer-centred. It makes an attempt to study the
customer needs, and goods are produced accordingly. The business existence depends on
human needs. In a competitive market, the goods that are best suited to the customer are the
ones that are well-accepted. Hence, every activity of a business is customer-oriented.
Customer satisfaction:
A customer expects some services or benefits from the product for which payment is made. If
this benefit is more than the amount paid, then the customer is satisfied. In the long run,
customer satisfaction helps to retain market demand. It helps achieve organizational
objectives. Customer satisfaction can be enhanced by providing value-added services, which
includes providing additional facilities at little or no extra cost.
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Continuous and regular activity:
Marketing is an activity designed to plan, price, promote and distribute products. At the same
time, it also addresses both the current and future consumers. Thus, it is a continuous process.
A marketer has to consistently monitor environment. This helps in coming up with new
products.
Exchange process:
Marketing involves exchange of goods, services and ideas with the medium of money.
Exchange takes place between sellers and buyers. Most of marketing activities are concerned
with the exchange of goods. Functions such as distribution, after-sale services and packaging
help in the exchange process. Channels of distribution and physical distribution play an
important role in the exchange process by creating place utility.
SCOPES OF MARKETING
Goods
Physical goods constitute the major part of a country’s production and marketing effort.
Companies market billions of food products, and millions of cars, refrigerators, television and
machines.
Service
Events
Marketers promote events. Events can be trade shows, company anniversaries, entertainment
award shows, local festivals, health camps, and so on. For example, global sporting events
such as the Olympics or Common Wealth Games are promoted aggressively to both
companies and fans.
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OBJECTIVES OF MARKETING
Creation of Demand:
The marketing management’s first objective is to create demand through various means. A
conscious attempt is made to find out the preferences and tastes of the consumers. Goods and
services are produced to satisfy the needs of the customers. Demand is also created by
informing the customers the utility of various goods and services.
Customer Satisfaction:
The marketing manager must study the demands of customers before offering them any
goods or services. Selling the goods or services is not that important as the satisfaction of the
customers’ needs. Modern marketing is customer- oriented. It begins and ends with the
customer.
Market Share:
Every business aims at increasing its market share, i.e., the ratio of its sales to the total sales
in the economy. For instance, both Pepsi and Coke compete with each other to increase their
market share. For this, they have adopted innovative advertising, innovative packaging, sales
promotion activities, etc.
IMPORTANCE OF MARKETING
Marketing is above all the giving of a standard of living to the community. Paul Mazur states,
“Marketing is the delivery of standard of living”. Professor Malcolm McNair has further
added that “Marketing is the creation and delivery of standard of living to the society”.
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Inflation: Inflation can be defined as the rise in the prices of various items over a period
of time. A rise in the prices of goods is directly proportional to the input prices for
producing the goods and services. In case of inflation, the market analysts and the fund
managers will consider the total impact on the margin of that particular product.
Interest rates: Less interest rate means more money to spend. When a consumer pays less
in terms of interest, it means he is left with more money to spend on, which in turn,
creates a ripple effect of high spending throughout the economy.
Exchange rates: Exchange rates have a symbolic effect on companies that do business
globally. When the business enterprises exchange goods or services across borders
involving two or more currencies, variation in exchange rates can result in profit or loss
for a particular business.
Recession: Business firms affected by recession spend less cash on advertising and
marketing a product; as a result, consumer faith fades away, perpetuating the recession.
Taxes: Taxes mitigate both demand and supply of a product, and prompts the market
equilibrium to a price that is higher than without the tax and a quantity that is lower than
without the tax.
Income level: The varying income levels in a particular company determines the pricing
strategy of the products and services in the market. This will estimate that whether
people will purchase your products or not.
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PROCESS OF MARKETING
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COMPANY PROFILE
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COMPANY PROFILE
DINSHAW’S
Purity hygiene, freshness, values that dinshaw’s has cherished for over 75
year from homemade ice-cream to milk journey. It launched itself with milk
brand trying to prove its magic again & which has been which has successful
venture till today. Dinshaw,s offer Paneer, Milk product, Curd, Butter milk,
Sheekhand & wide range of ice-cream.
Dinshaw’s sale of milk is around 1,25,000 litter per day. Dinshaw’s uses
about 65,000 litter of milk daily through 5 chilling centers that procurement
from different villages around Nagpur. Dinshaw’s milk contains specified levels
of proteins, calcium, fat, energy, glucose, lactose & calories. Dinshaw’s dairy
division is in 3 states. It has around 80 distributors & 3000 outlets. Dinshaw’s
milk sale is around & total over Rs. 100crores annually.
Dinshaw’s is the central India’s largest private sector dairy & is a market
leader in Nagpur.
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It was 1st dairy in Central India to have received both the ISO 2001
quality assurance certifications.
Ice-cream today seems to have captured the fancy of taste buds ,the
world over caste, color, creed, age society and most of al lseason is
absolutely no bar to its environment, new flavors and color
combination.
The parameters of Indian consumers want the superior quality and taste
have grown tremendously over last decade and the one benefit most has been to
the ice-cream industry. DINSHAW’SICE-CREAM comes as a pure change to
take its place among the settled brands. Having understood the demand of good
refrigeration for the last 77years, thanks to Mrs.Kashmira Bafnathe director of
DINSHAW’S DAIRY FOODS LTD. seems to have mastered the ratty-gritty of
quality production along with refrigeration. DINSHAW’S ICE-CREAM is
distributed through over 5000 retail outlets in the states of Maharashtra, Goa,
Delhi ,Karnataka, Andhra Pradesh, and Tamilnadu
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This ice-cream is a super premium ice-cream with natural ingredients and
available only in selected parlors.
Headquarters
Telefax: 26733604/14.
E-mail: Mumbai@dinshaws.co.in
Dock Yard
Tel:02533254347,
Mob:09823595520.
Siddhkala Enterprises,
Ph No.:02532390286.
Mob.:09860813954
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LIST OF REGIONAL & AREA OFFICE
Since the business of the company has Captured the major share in the
index & also in capital cities market the company has to go for efficient
networking channel, so that business dealing do not fall victims in time.
Company divided in Maharashtra in nine regions as listed below,
Mumbai
Nagpur
Nasik
Dhule
Jalgaon
Kolhapur
Pune
Solapur
Aurangabad
One of the most motivated things to the retailers is that the Infrastucture
provided by company to the retailers. To expand & capture more & more
market company always support to the retailers by providing the following
things.
Company delivered the important grade deep freezer of 7.5 cubic feet
capacity in very low price.
To develop the retailers spot the company provides full advertising
support.
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Provides all 32 ranges of bulk ice-creams.
Special schemes to retailers & customers.
Extra discount facilities.
Good margin.
MARGINE STRUCTURE
White butter
Condensed milk
Curd
Kulfi
Milk
Lassi
Sweetend lassi
Ghee
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Bread
Paneer
Ice-cream
Pure desi ghee
Cheddar cheese
Skim milk powder
Salted butter
Kokum butter
Dairy milk powder
Kesar pista
Choco-chips
Kaju kaismis
Butter-scotch
Mello-jello
Mango tango
Three in one
Vanilla
Strawberry
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Promotion longer shelf life & reduced hazards from eating the food.
To ensure supply of fresh food throughout the year.
To import through knowledge on the technical skills in various aspects
of food processing & preservation.
To inculcate workers to work in a hygienic way.
To provide an employment potential in food processing &
preservation/ self employment.
Handling of preservation equipment for large scale.
Working in hygienic manner.
Maintaining sanitation.
Preparation of preserved products.
Identification of spoilage & apply remedial measurements.
Setting up of modified/ controlled atmospheric cold storage.
It not only takes care of people’s health by providing good quality
milk & milk product but also cares a lot for the environment.
Reduction in breakdown.
Reduction in safety, health & environment incidences.
On time delivery.
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PRODUCT PROFILE
TAKE HOME
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110/- (New) 100/- Lychee 12/-
Vanilla 80/- Jamaican Malt ‘n’
Strawberry 80/- Almond (New) 80/- SUNDAES
Praline & Cream (New) Kesar Kamal 20/-
IMPULSEICE 80/- Mocha Almond 20/-
LOLLIES Anjeer Badam 80/- Double Fundae 15/-
Nice-Spice 80/-
Mango 5/- King Alphonso 80/- BAR NOVELTIES
Katchi Kairei Fruit Overload 80/- Choc-O-Nut (New) 20/-
5/- Kesar Kamal 80/- Kaju Fudge 20/-
Orange 5/- Sitafal 80/- Heart Beat 20/-
Nimbu Pani 5/- Choco Chips 70/- Rainbow 10/
Ripe Strawberry Butterscotch 70/-
5/- Pineapple Supreme CHOCO BAR
(New) 70/- Champ Choco Bar 14/-
Vanilla classic 50/- Choco Bar (New) 10/-
Choco Bar 8/-
SMALL CUPS LARGE CUPS
Butterscotch 6/- Kesar Pista 18/-
Strawberry 5/- Butterscotch 16/-
Vanilla 5/- Mango Alphonso 16/- CARNIVAL
Vanilla 10/- Choco Chips 20/-
Strawberry 10/- Butterscotch 20/-
Pista 10/- Badam Roasted 20/-
KULFI Strawberry-Pista 15/-
Mango Malai 10/- NOVELTIES Choco-Delight (New)
Kesar Malai 10/- Maha Sundae 25/- 15/-
Cassata 25/-
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Yorker 12/-
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SOME PRODUCT OF THE DINSHAW
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RESEARCH METHODOLOGY
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RESEARCH METHODOLOGY
The basic objectives of this project being bank capital structure analysis,
it is necessary to know the capital structure of state bank of India for this whole
research was conduct.
RESEARCH
Definition :
-WEBSTER’S
DICTIONARY
- GRINELL
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RESEARCH DESIGN :-
STAGE 1
Problem definition
Statement of research objective
STAGE 2
STAGE 3
Data selection
Development of collection method
EXPLANATION OF STAGES
The main objective of the project was to analyses the capital structure
ratio of state bank of India. So it was necessary to find capital structure ratio of
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a bank and the capital that has taken place in capital structure. By defining the
objective research get proper directing.
Presentage Method
Simple Percentage
Books
Website
Journals
Magazines
This implies the situation where the research goes into the field of study
in person for the collection of required data. Also, the investigation of this
formally confined to a single locality and the information gathered is capital in
nature.
INTERVIEW METHOD
Every interview has got its balance of revelation and has withheld
information. An interview can effective formal verbal or the non-verbal
conversation initiated for the specific purpose and focused on certain planned
content area.
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A method of interview consists of direct personal interview and the
telephone interview. Direct personal interview require face to face contact with
respondent. Other type of interviewing technique is a structured or a non-
structured method. The interview based on pre-determined question and
standardized techniques is called structure interview. Here the no. of nature of
question, order of asking, wording of question, etc. and the response pattern are
highly standardize.
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DATA COLLECTION
PRIMARY DATA
The data are those which are collected for the first time. They are original
in character. They are collected by the research for first time of his own use.
SECONDARY DATA
Sampling Unit :
Dinshaw’s in Nagpur
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Sampling methods :
Sample Size :
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HYPOTHESIS
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SCOPE OF THE STUDY
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REVIEW OF LITERATURE
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REVIEW OF LITERATURE
Peterson et al. (1997) stated that all marketing functions are carried out through
three distinctive types of marketing channels: communication channels,
transaction channels, and distribution channels. By definition, communication
channels enable the flow of various types of information between buyers and
sellers. Transaction channels realize ordering and payment activities between
buyers and sellers, and distribution channels facilitate the physical exchange of
products and services between buyers and sellers. Stewart, Frazier, and Martin
incorporated marketing functions into two types of channels: communication
channels and distribution channels.
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distribution of goods, providing credit to buyers, after sales service, product
modification and maintenance are some of the functions that a channel
performs. The channel member also called as an intermediary is a member of
the distribution channel excluding the manufacturer and the consumer.
Intermediaries come between these two and perform one or more of the above
functions.
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This is a newer orientation and looks at the distribution system or channel as a
social system consisting of interacting sets of major economic and social
political forces that affect behavior and performance (Stern & Reve, 1980).
Another framework is ecological. This approach focuses on the interaction
between the firm and its environment. Finally, we have a strategic managerial
system approach that emphasizes decision making and a developed system of
strategy planning. Thus, this framework for looking at channel alternatives is
concerned with the integrated and coordinated use of channel and marketing
resources to achieve specific objectives (Michman, 1983).
In considering the six basis channel alternatives, the marketing manager should
consider these five analysis frameworks in making decisions to focus on four
basic tactical considerations that must be made. These four are (1) an evaluation
of the relative power of the various channel members, (2) an organization of
channel commitments as well as a formulation of channel procedures (3)
accurate measurement of channel performance, and finally, (4) evaluation of
change potential within the channel and management of the change when
appropriate (Bowersox et al.,1980).
One alternative channel decision that the business marketing manager can make
is the selection of a direct channel of distribution. Direct channels involve
“direct selling” (that is, no external intermediary involved) to the industrial user,
with or without the use of sales branches. A direct sale would include both
generalists and specialists (Sutton, 1986). Some manufacturers have set up their
own retail outlets to sell their goods directly to consumers. This way they
bypass the cost of both wholesalers and independent retailers. This strategy is
feasible, however, only it manufacturers can perform the wholesalers and
retailers functions more economically. When IBM began introducing personal
computers in 1980, it established two channels, large computer retailers such as
Computer land and its own retail stores, called Product Centers. But the Product
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Centers were soon plagued with inefficient inventory control and high
overhead, prompting IBM to conclude that it was more efficient to distribute
through intermediaries rather than direct to consumers (High Tech Marketing,
1986-A)
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DATA ANALYSIS & INTERPRETATION
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DATA ANALYSIS & INTERPRETATION
Everyday 3 5%
Weekend 39 78%
Once in a month 1 2%
Total 50 100%
2 5
15
Everyday
Alternative Days
Weekend
Once in a month
78
INTERPRETATION :-
From the above graph 78% Peoples are visit in Weekend at Dairy Shop,
15% are Alternative Days Visit in Dairy Shop, 5% Peoples are Visit in
Everyday in Dairy.
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Q2) Which of the following Ice – Cream Brands do you Like the most ?
Amul 14 28%
Dinshaw’s 23 46%
Cream Bell 3 6%
Vadilal 2 4%
Total 50 100%
4
6
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16 Amul
Dinshaw's
Mother Dairy
Cream Bell
Vadilal
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INTERPRETATION :-
From the above graphs Most of People like Dinshaw’s Brand in 46%,
28% Like is Amul brand of Dairy, 16% are Mother Dairy, 6% is like Cream
Bell and 4% Vadilal Brand Like of Peoples.
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Q.3) Why do you buy the brand you choose?
Price 8 16%
Quality 27 54%
Flavour 12 24%
Purchasing Convenience 3 6%
Total 50 100%
6
16
24
Price
Quality
Flavour
Purchasing Convenience
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INTERPRETATION :-
From the Above Graphs the Brand Choose the Quality is Better is 54%,
24% are Flavour of the Dairy, 16% are depends the price of Dairy and 6%
Purchasing Convenience of the Brands.
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Q.4) How often does you Dinshaw’s Ice-Cream?
Everyday 2 4%
Alternative 6 12%
days
Weekend 23 46%
Once in a 19 38%
month
Total 50 100%
4
12
38 Everyday
Alternative Days
Weekend
Once in a month
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INTERPRETATION :-
From the above graph 46% Peoples are visit the Dinshaw’s Dairy is
Weekend, 38% Peoples are Visit the Alternative Days of Dinshaw’s Dairy and
12% Visit is Alternative Days.
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Q.6) Which among of following is your Favourite Dairy?
Sticks 4 8%
Cups 6 12%
Cones 4 8%
Bricks/Tubs 36 72%
Total 50 100%
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Sticks
8 Cups
Cones
Bricks/Tubs
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INTERPRETATION :-
From the above graph 72% Peoples are Bricks/Tubs are Favorite the
Brand, 12% are Cups Choose and 8% Peoples are Like in Sticks and Cone of
the Dairy.
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Q.7) In the Product line of Dairy is adequate?
Yes 33 66%
No 0 0%
Total 50 100%
34 Yes
No
INTERPRETATION :-
From the above graph the 66% Peoples are Product is Adequate of Dairy
and 34% is About the of Product.
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Q.8) Ice-cream is your favorite of all other product’s?
16% YES
NO
84%
INTERPRETATION:
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Q.9) How do you rate Ice-cream in term of price?
9%
23%
28%
COSTLY
FAIR
REASONABLE
INTERPRETATION:
No matter how much is one earning he/she wants to do the best deals.
Good products with reasonable price are the core elements for success of any
business.
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Q.10) What will you score for communication facilities &
methodology?
10%
20%
25% EXCELLENT
VERY GOOD
22%
GOOD
AVERAGE
23% POOR
INTERPRETATION:
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Q. 11) How is the relationship with the distributor?
Good
Bad
98
INTERPRETATION :-
The above chart shows that 98% of the retailers surveyed had good opinion
towards the distributors; therefore the distributors have to maintain the same.
Only 2% of the retailers surveyed have bad opinion therefore the distributors
have to control this aspect because the word of mouth plays a very important
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Q. 12) How many times the distributor visits outlets per week.
46 One
Alternative
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INTERPRETATION :-
The above chart reveals the frequency of visit made by the distributor in the
market. This chart shows that to 46% of the outlets surveyed the visit was on
alternative days, 46% of the outlets surveyed the visit was on daily basis and
8% of the outlets surveyed the visits are made once a week. This shows that the
company is mostly following the Alternative and daily routes.
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Q.13) How many times he is expected to visit
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One
Alternative
60
INTERPRETATION :-
The above chart shows that there is a huge demand for Coke Products in
Belgaum city and therefore 60% of the retailers are expecting daily visits from
the distributors in order to meet the demand from the consumers, therefore the
company has to look to this aspect seriously.
36% expect an alternative days visits instead of daily visits, the outlets which
are non potential outlets expect the distributor to visit once a week
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Q.14) Are you satisfied with the supply each time ?
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One
Alternative
66
INTERPRETATION :-
The chart shows that the company is effective during each supply with respect
Therefore 66% of the retailers surveyed are satisfied with the supply during
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FINDINGS
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FINDINGS
From the above graph 78% Peoples are visit in Weekend at Dairy Shop,
15% are Alternative Days Visit in Dairy Shop, 5% Peoples are Visit in
Everyday in Dairy.
From the above graphs Most of People like Dinshaw’s Brand in 46%,
28% Like is Amul brand of Dairy, 16% are Mother Dairy, 6% is like
Cream Bell and 4% Vadilal Brand Like of Peoples.
From the Above Graphs the Brand Choose the Quality is Better is 54%,
24% are Flavour of the Dairy, 16% are depends the price of Dairy and
6% Purchasing Convenience of the Brands
From the above graph 46% Peoples are visit the Dinshaw’s Dairy is
Weekend, 38% Peoples are Visit the Alternative Days of Dinshaw’s
Dairy and 12% Visit is Alternative Days.
From the above graph 72% Peoples are Bricks/Tubs are Favorite the
Brand, 12% are Cups Choose and 8% Peoples are Like in Sticks and
Cone of the Dairy.
From the above graph the 66% Peoples are Product is Adequate of Dairy
and 34% is About the of Product.
Consumers were asked about their preference of Ice-Cream among other
products, most of that is 84% of them replied that they prefer ice-cream
over other products.
If we sum up the positive answers almost 91% of the consumers find the
price of ice-cream Reasonable. For them price of ice-cream is affordable.
20% consumers grade methodology excellent; 22% very good; 23% good
but 14% consumers think that communication facilities & methodology is
poor. So there is slight improvement in this field.
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Only 2% of the retailers surveyed have bad opinion therefore the
distributors have to control this aspect because the word of mouth plays a
very important role and they should try to make their relationship 100%.
The above chart reveals the frequency of visit made by the distributor in
the market. This chart shows that to 46% of the outlets surveyed the visit
was on alternative days, 46% of the outlets surveyed the visit was on
daily basis and 8% of the outlets surveyed the visits are made once a
week. This shows that the company is mostly following the Alternative
and daily routes.
The above chart shows that there is a huge demand for Coke Products in
Belgaum city and therefore 60% of the retailers are expecting daily visits
from the distributors in order to meet the demand from the consumers,
therefore the company has to look to this aspect seriously.
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CONCLUSIONS
52
CONCLUSIONS
Company should find new channels to attract and retain different segment
of customers. In past company’s used to retain customers by marketing
mostly in retail outlets.
But tea stalls are the places where Dairy are mostly consumed by
customers along with tea, but large portion of Dairy supplies is
contributed by the local bakeries.
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SUGGESTIONS
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SUGGESTIONS
range packs.
should be promoted.
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BIBLIOGRAPHY
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BIBLIOGRAPHY
Philip Kotler
E.L.Ansary
WEBSITES:
www.channeldistribution.com
www.dinshaw’sicecream.com
www.google.com
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ANNEXURE
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ANNEXURE
Everyday
Alternative days
Weekend
Once in a month
Q2) Which of the following Ice – Cream Brands do you Like the most ?
Amul
Dinshaw’s
Mother Dairy
Cream Bell
Vadilal
Price
Quality
Flavour
Purchasing Convenience
Everyday
Alternative days
Weekend
Once in a month
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Q.6) Which among of following is your Favourite Dairy?
Sticks
Cups
Cones
Bricks/Tubs
Yes
No
Haven’t Through About That
Yes
No
Costly
Fair
Reasonable
Cheap & best
Excellent
Very good
Good
Average
Poor
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Q. 11) How is the relationship with the distributor?
Good
Bad
Q. 12) How many times the distributor visits outlets per week.
One
Alternative
Daily
One
Alternative
Daily
Yes
No
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