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Introduction
Need
Scope
Objectives
Methodology
Limitations
1
INTRODUCTION
One must have a contemporary understand of this dynamic world to
survive or proper therein. Never in the past has the role of manager in India as
crucial and exciting as now. The ongoing economic reforms programme has
created infinite opportunities. There has been an increase in milk income gradually
development have broadened the knowledge of consumers. They have now
become choosy resulting in winners & looser at the same time winners those who
monitors needs, identifies opportunities and create value. It is the market
place not the factory that ultimately determines which company will succeed.
Marketing is practiced not only by manufacturing concern & their channel
members but all kinds of individuals and organization. No politician can get the
required votes to win and no” resor t” the needed tour is t to f lour i sh
wi thout developing and carry ing out the so und marketing plans.
Authentic market practice is not the art of selling what you make as much as
knowing what to make. It is the art of identifying and understanding customer’s
needs and coming up with solution that satisfies them and produces riches for
firm’s profitability.
2
As we all know, future is always uncertain. More precisely when there is volley of
brilliant competitors and each wants to be the market leader. So in the light of
intense competition satisfaction through product innovation maintaining the
standard quality their in, failing which no amount or deal of promotional
measure or scheme can compensate at length. Competitive forces have compelled
the companies to focus on specific segment of the market with frequent product
innovation and rather new products and launching thereof with greater confidence.
The present study gives special emphasis on the various strategies to be adopted by
Visakha to counter Her i tage sa les in Visakhapatnam. The ent i re
s tudy has been d iv ided in to chapters and further subdivided into
segments from each dealing with a separate aspect in a simple and lucid
style and clarification has been given top priority throughout the project
3
NEED FOR THE STUDY
Consumer preference study programs help in marketing the product. Marketers
can be satisfied with the maximum consumers for the product if they study the
preference of consumers. Here my survey deals with the consumer’s preference in
the utilization of milk via highway in Visakhapatnam dist.
In early days consumers went to milk centers. They stood in a line or queued to
buy the product. But the scenario has changed drastically with the market being
fledged by a wide variety of brands and the volumes and prices, desired and
affordable by the consumers under such circumstances it is that company which
distinguishes its product from that of competitors is bound to succeed. The
company has to mould its product to suit the consumer, his needs, wants, place of
purchase, personality and so on.
Milk is obtained from different chilling centers, collected and pasteurized, excess
amount of fat is removed in the processing and maintaining required amount of
fat.
Milk contains fat, vitamins and mineral. Milk is consumed regularly in each and
every house. Milk is complete food for infants and is partially taken by adults also
either directly taken as milk or indirectly taken as tea or coffee. How ever the
importance of milk may be briefly mentioned here and the preference attached to
its study as a subject for the project work may be self – explanatory.
4
SCOPE OF THE STUDY
As learning is a human activity and is as natural, as breathing. Despite the fact that
learning is all pervasive in our lives, psychologists do not agree on how learning
takes place. How individuals learn is a matter of interest to marketers. They want
to teach consumers in their roles as their roles as consumers. They want consumers
to learn about their products, product attributes, potential consumers benefit, how
to use, maintain or even dispose of the product and new ways of behaving that will
satisfy not only the consumer’s needs, but the marketer’s objectives.
The scope of my study restricts itself to the analysis of consumer preferences,
perception and consumption of Cadbury and Nestle Chocolates. There are many
other brands of chocolates available but my study is limited to two major players
of chocolates leaving behind the others. The scope of my study is also restricts
itself to Mumbai region only.
5
OBJECTIVE OF THE STUDY
The most important objective of the project is that it is obligatory on the part of the
student of M.B.A. programme to undergo the convention of the business
administration in the partial fulfillment of M.B.A. degree besides, project
study is a sort of practical training of eight weeks thus the students are
benefited by undertaking such a study as it helps organization in
overcoming administrative, financial, marketing and other problems
whatever they may be interested in for the sake of simplicity the
objectives of this study can be classified under three heads:
PRINCIPAL OBJECTIVES
To find out the various strategies to be adapted by Visakha to counter milk
sales of Heritage in Visakhapatnam.
To find various ways to increase Visakha milk sales in Visakhapatnam.
To discover the various factors which hurdles people to take Visakha milk.
To identify various factors which motivates people to use Visakha milk.
To discover the main reason beyond shifting of customers from
Visakha milk to other milk.
The other objective is to know about the customer satisfaction level
associated with the product and the customer preference level.
To increase customer satisfaction and recapture the market share by
fulfilling the customer needs.
To study the factors affecting the consumption pattern.
6
METHODOLOGY
COLLECTION OF DATA
The data was collected from two different sources
PRIMARY DATA
The primary data has been collected with the help of a questionnaire, prepared
specially for the retailers and consumers to be administered for their responses
Questionnaire
Direct Interview.
SECONDARY DATA
Secondary data is what the researcher collects from different sources. It also helps
to get elaborate information to do the research.
Secondary data has been collected from
Books
Magazines
Internet
Company annual reports
Research papers
Govt. Publications
Past Records and Files
Journals and periodicals pertaining to different brands and segments of milk.
LIMITATIONS
7
Limitations of study and difficulties encountered:
Nothing in th is universe i s f ree f rom Limi ta t ions and present
projec t i s not an exception to it. Due to certain restrictions on the part
of potential customers as well as actual customers and Suppressed and
biased responses from them, appropriate figure for relevant data and their
interpretation precisely could not be ascertained,
Due to time and budgetary constraint, the sample size was restricted.
The salesmen at the outlets showed their discontent with the tight schedule.
Most of the retail respondents showed their discontent with the company for
its unsystematic distribution, replacement, short supply, incentives, margin
and so they were reluctant to talk about the company.
People of the region were not conscious about the survey, so they
were not much supportive.
Nearly about 30% population of the city takes the service of servants to
bring their milk from market and reason for their brand selection was not
known.
Many people do not know themselves why they use any
par t icular brand as the i r answer was “we use ……brand because
we like it” so the actual reason behind their l ik ing was not
conf i rmed.
Many re ta i le rs do not l ike to in terac t because of
the i r business. People are not interested to fill questionnaire as
they think it as wastage of time, this is again because of less scope of
research in India.
8
Industry profile
Company Profile
INDUSTRY PROFILE
9
INTRODUCTION
Milk producing animals have been domesticated for thousands of years. Initially,
they were part of the subsistence farming that nomads engaged in. As the
community moved about the country, their animals accompanied them. Protecting
and feeding the animals were a big part of the symbiotic relationship between the
animals and the humans.
Slowly people in agricultural societies owned dairy animals that they milked for
domestic and local (village) consumption, a typical example of a cottage industry.
The animals might serve multiple purposes (for example, as a draught animal for
pulling a plough as a youngster, and at the end of its useful life as meat). In this
case the animals were normally milked by hand and the herd size was quite small.
This small cottage industry took the shape of Dairy farming. Dairy farming is a
class of agricultural or an animal husbandry enterprise, for long-term production of
milk, usually from dairy cows but also from goats and sheep, which may be either
processed on-site or transported to a dairy factory for processing and eventual
retail sale. Dairy farming has been part of agriculture for thousands of years. Until
the late 19th century, the milking of the cow was done by hand. The first milking
machines were an extension of the traditional milking pail. With the availability of
electric power and suction milking machines, the production levels increased
tremendously. With industrialisation and urbanisation, the supply of milk became a
commercial industry, with manufacture of many by products like Cream and
butter, Skimmed milk, Casein, Cheese, Whey, Yogurt, Milk powders etc.
DAIRY INDUSTRY IN INDIA
10
Indian dairy Industry - a profile
The Dairy Industry in India made rapid progress, particularly during the last two
decades. Today, INDIA occupies first position in milk production in the world,
surpassing the U.S. Today, India is 'The Oyster' of the global dairy industry. It
offers opportunities galore to entrepreneurs worldwide, who wish to capitalize on
one of the world's largest and fastest growing markets for milk and milk products.
A bagful of 'pearls' awaits the international dairy processor in India. The Indian
dairy industry is rapidly growing, trying to keep pace with the galloping progress
around the world. The liberalization of the Indian economy beckons to MNC's and
foreign investors alike. The credit definitely goes to operation flood, which has
played a key role in the development of dairying.
The employment potential of Indian Dairy sector is substantial. This sector
provides additional income and generates job opportunities for 180 million farmer
families. More than 70% of marginal farmers and labourers maintain dairy animals
to supplement their incomes.
In India, there are 10.1 million farmers who are members of 77,000 village Dairy
Co-operative Societies, each of which is affiliated to one of 170 district and
regional Co-operative Unions, which in turn are a part of state Co-operative
unions, which in turn are apart of a state Co-operative Marketing Federation. The
Co-operative sector has contributed significantly for the success of White
Revolution in India. There are more than 97,000 milk Co-operative Societies in
264 districts.
This sector is growing at the rate of 6.5% per annum. The first large scale and
systematic breakthrough in Dairy operation milk producers union was at ANAND
11
(ANAND MILK UNION LIMITED) , Gujarat abbreviated to “AMUL” which in
vernacular means HIGHLY VALUABLE or “BEYOND ALL PRICES”.
INDIAN DAIRY CORPORATION (IDC):
The INDIAN DAIRY CORPORATION (IDC) was set up under companies Act
on 13th Feb 1970. It is a government of India under taking. The immediate need to
set up IDC was to handle the “OPERATION FLOOD”. It became mainly a
financing – cum promotional agency of central government.
OBJECTIVES:
To promote dairy industry in the country.
To assist the state government and other organization including co-
operative societies interested in the promotion of dairy industry to meet the
requirement of milk & milk products.
To provide a package of technical inputs for enhancement of milk
production.
Resettlement of city based cattle in the rural areas.
To assist in expanding the capacity and operation of existing dairies in big
cities and rural areas.
To assist development of allied industry required to meet the needs of dairy
development.
DAIRY INDUSTRY IN ANDHRA PRADESH:
12
The milk producers have faced a lot of problems in the process of production and
marketing of milk namely improper transport facilities, poor technology and
absence organized system of processing, marketing and pricing. It was at this
context, that the Govt. of A.P. has viewed to continue a ‘DAIRY
DEVELOPMENT CORPORATION’ to safeguard the interests of milk producers
and ensuring adequate supply of flush milk at a reasonable price to the urban
consumers. As a result the ‘APDDCF’’ came into the existence on 2nd April, 1974.
A.P. has an excellent potential for milk production with the progressive farmers
who are responsive to the new technology and scientific practices.
DAIRY DEVELOPMENT PARTICULARS
13
The dairy development in A.P. according to 2008 figures has been presented in the
following table.
Milk products factories 07
District dairies 10
Milk chilling centers 48
Milk collection centers 1400
Village milk producers co-operative societies 5200
Milk collection routes 267
Milk producers 57200
Villages covered for collection of milk 10000
Milk consumers 650000
Cattle feed plants 6
Women Members in Unions 5000
Cash paid to milk producers 62 Crores
A.P. DAIRY DEVELOPMENT CO-OPERATIVE FEDERATION (APDDFC)
14
APDDFC was constituted on 2nd April in 1974 with an aim to implement
OPERATION FLOOD – 2 programme through active involvement of producers in
organizing milk production, procurement, processing and marketing a three – tier
co-operation structure as per the national policy of government of India. The
“Three – Tier” system consists of primary unions at district milk shed level and
federation at state level. Indian Dairy Development Corporation owns the
responsibility of implementation of operation flood programmes, which provides
money assistance of up to 70% towards loans and 30% as subsidy.
OBJECTIVES:
1. Development of infra – structure for procurement of milk in rural areas of
A.P. and ensure assured market for milk products throughout the year as
well as the best remunerative prices.
2. Fulfill the growing needs for milk & milk products of the consuming public
in A.P and outside.
3. Organize the co – operative structure of milk producers at the village and
district levels.
4. Supplement the programme extension and inputs with particular references
to feed and fodder production and implement intensive cross – breeding
programme for milk cows to increase milk production.
5. Carry out human resource development programme to provide effective
leadership and management skills in the service of the rural producers.
15
THE CO-OPERATIVE MILK PRODUCERS UNION IN A.P.:
Sri Vijaya Visakha Co-operative Milk Producers Union,Vizag.
The Godavari Co-operative Milk Producers Union, RAJAHMUNDRY.
The Krishna District Co-operative Union, VIJAYAWADA.
The Guntur District Co-operative union, VADLAMUDI.
The Prakasam District Co-operative union, ONGOLE.
The Nellore District Co-operative union, NELLORE.
The Chittoor District Co-operative union, CHITOOR.
The Cuddapah District Co-operative union, PRODDUTUR.
The Kurnool District Co-Operative union, KURNOOL.
The Nalgonda District and Co-operative Union, HYDERABAD.
Medak District and Co-operation Union, MEDAK.
16
COMPANY PROFILE
Sri Vijaya Visakha Milk Producers Company Limited., [Visakha Dairy],
Visakhapatnam in Andhra Pradesh, is having their procurement operations in
Coastal Andhra districts, viz, Srikakulam, Vizianagaram, Visakhapatnam & in East
Godavari and Sales operations across India. The Government after considering
dairying as one of the instruments for bringing socio economic development in the
rural areas, To overcome this object, the Dairy was started in the year 1973 with
handling capacity of 10000 liters per day in Visakhapatnam under cooperative act
with milk procurement operations in 50 villages. Now the Dairy is procuring the
milk from 2744 villages in Costal Andhra areas by serving 2,07,925 milk
producers.
The Dairy was converted to Mutually Aided Cooperative Act-1995 in the year
1999 as ‘Sri Vijaya Visakha District Milk Producers Mutually Aided Cooperative
Union' and the Dairy was converted to Company Act-1956 with effect from
06.01.2006 as ‘SriVijayaVisakha Milk Producers Company Limited’.
17
The Procurement and Production graph growth is increasing year after year with
more participation of the rural farmers.
Now the Visakha Dairy is one of the fastest growing Milk & Milk Products
Manufacturing organizations.
M ISSION STATEMENT
The following is the mission statement of Visakha Dairy.
“Visakha Dairy is committed to enhance the Milk Procurement through Technical
inputs by providing Quality services to our Member Producers by ensuring
economic viability to improve socioeconomic conditions of our Members. Visakha
Dairy is also committed to supply quality milk and milk products to consumers.
Our Dairy shall become top dairy in the country with its inspired team of
employees. We, the inspired Team of Employees are dedicated to
Co-operation
Honesty
Discipline & Time
Quality & Purity
Hard Working
Transparency
18
Trust & Belief on Organization
Mutual Respect
Skill Development
Education
QUALITY POLICY
Visakha Dairy endeavours to be one of the largest processors of milk and
manufactures of milk products in India. We are committed to provide hygienic,
safe and nutritious products while meeting the statutory and legal requirements to
achieve customer satisfaction and in-turn to improve the economy of our member
producers. To this effect the management is committed to communicate,
implement, maintain and continually improve the Quality and Food Safety
Management Systems in the Dairy.
THE GROWTH OF VISAKHA DAIRY
1966 - Started Dairy with a handling capacity of 10000 LPD
19
(Lts. Per Day) operations in Visakhapatnam.
1973 - Union registered under cooperatives Act.
1977 -Inauguration of 50000 LPD Visakha Cooperative Modern Dairy. By Sri.Jalagam Vengala Rao Chief Minister of AP.
1980 - Inauguration of 25000 LPD MCC (Milk Chilling Center) at Narasipatnam.
1981 -Joined as member of the AP Dairy Development Coop Federation Ltd. At AP level.
1982 -
Operation area of the Union extended to Srikakulam and Vizainagaram districts and the name changed to Sri Vijaya Visakha District Cooperative Milk producers Limited.
1985 -MCC Srikakulam merged with Visakha Coop Dairy & capacity expanded from 12000 to 20000 LPD.
1986 - Expansion 50000 to 100000 LPD.
1987 - NMG (National Milk Grid) milk sales started.
1989 -
Expansion plant 100000 to 150000 litres per day. Establishment of milk producers & employees’ education, health and medical welfare trust.
1991 - Expansion of 150000 to 200000 LPD.
1996 - Inauguration of 30000 LPD chilling center at Vizianagaram.
1998 - Inauguration of 13 MT powder plant at Visakhapatnam.
1999 - Converted to Mutually Aided Cooperative Act’95. Name also changed as “Sri Vijaya Visakha District Milk Producers Mutually
20
Aided Cooperative Union Limited”
2000 -
Dairy expansion 200000 to 300000 LPD Commenced milk procurement in East Godavari District Commissioning of milk packing station at MCC Kakinada
2001 -
Inauguration of Aseptic packing station (APS) Commissioning of milk packing station at Hyderabad & sales started at Rajahmundary & Hyderabad.
2002 -Dairy expansion 300000 to 500000 LPD Inauguration of milk pouch packaging station.
2003 - ISO 9001:2000 & HACCP certification.
2004 - Up gradation of HACCP to revised standard.
2006 -Converted to Company Act’56. Name also changed as “Sri Vijaya Visakha Milk Producers Company Limited”
2008 -Inauguration of Aseptic packing station (APS) with New Tetra Pack A1 Machine
OTHER ACTIVITIES
21
Visakha Dairy is not only concentrating on the farmer’s cattle welfare but is
equally giving priority for the welfare of farmer families in different dynamics like
….
► HEALTH
► EDUCATION
► SOCIO-ECONOMIC MEASURES
In this process Visakha Dairy Chairman, Sri Adari Tulasi Rao established a
Welfare Trust in 1989 named as Milk Producers and Employee's Education
Health and Medical Welfare Trust (MP & EEH & MW Trust).
The main aim of the Trust is to extend Medical Health and Educational facilities
particularly to farmers and their families. In this direction the trust has established
a modern hospital fully equipped with the latest technology and employed
specialists and super specialists. Further, it has established schools and colleges for
rural poor and farmer's children.
The Trust's activities are being carried out in 8.25 acres of land in the vicinity of
city of Visakhapatnam. Various social welfare activities have been undertaken
since its establishment which was applauded by various Government officials,
Chief Ministers, Parliamentarians, Ministers and other Public Figures.
22
Health
Krishi Trust Hospital is one of the most
well equipped and best Medical Trust
Hospitals in the Green City of
Visakhapatnam. The Hospital is a 100
bedded modern multi – speciality cum
critical care referral hospital. To give the
patient best care round the clock, The
hospital is fully infrastructured with Hi-
Tech equipment of world class quality to
provide best medical care. Krishi Trust
Hospital is situated in a quiet and serene
place in Sheelanagar away from the
noise and pollution of the city.
23
Hospital Equipment Nursing College
Education
24
Trust provides the residential educational
facility with subsidised rates for visakha
dairy milk producers and employees
childrens & general public also. It
provides free education to orphans
recommended by the local village heads
as well as to children who are below
poverty level.
Providing Education from Primary Level
to Junior College & Nursing College.
Computer education is provided from
3rd class onwards. The trust has
Residential facility for 300 Students.
School
25
The trust believes in value based
education. The teacher student ratio is
1:25 in true spirit. Students are
disciplined and hard working, so every
year the school gets good results in the
general public exams. The aim is to
impart qualitative education.
There is a well equipped Laboratory,
Library, Multi Media Computer Lab. We
have a playground with sports facilities.
Our Students are selected for national
sports, and sports academy in Andhra
Pradesh
College & Hostel
26
Socio-Economic Measures
Various social welfare activities have been taken up by the Trust. Among the other activities, the Trust has provided drinking water to rural poor by digging Bore Wells in villages and arranging water channels for farmers by digging old and new reservoirs, and also constructed bridges on rivers, where crossing rivers were impossible for rural people in rainy season.Major task of the Trust is identifying, training, providing employment to weaker sections who are not having any support from the society. Hither the Trust has provided employment directly and indirectly to 300 people.
Providing Employment to Physically Handicapped, every Year by Conducting
interviews with cooperation of visakha dairy. Providing employment to women,
who are physically abused by their family and who have no other source of living.
roviding hearing aids to deserving deaf people after a thorough check-up by the
concerned physicians, providing wheel chairs to the physically handicapped people
27
VISAKHA MILK
MILK PRODUCTS
28
Marketing Department
29
30
Theoretical Framework
MARKETING
31
Marketing is the process of identifying, anticipating and then meeting the needs
and requirements of consumers in order to make a profit. In contrast, selling
involves persuading customers that your products or services provide the benefits
that they are looking for.
You can therefore see that there is an important difference between marketing and
sales. Marketing puts the needs of the customer first. Through market research, it is
possible to find out about customer tastes and requirements.
In contrast selling takes place after marketing has helped the business to identify
those sorts of goods that customers are looking for. The sales person is convinced
that theirs is the best in the market. It is their job to then convince customers that
this is the case.
Aims of marketing department
Marketing involves a range of processes concerned with finding out what
consumers want, and then providing it for them. This involves four key elements,
which are referred to as the 4P's (the marketing mix). A useful starting point
therefore is to carry out market research to find out about customer requirements in
relation to the 4Ps.
Market research
32
There are two main types of market research: Quantitative research involves
collecting a lot of information by using techniques such as questionnaires and other
forms of survey. Qualitative research involves working with smaller samples of
consumers, often asking them to discuss products and services while researchers
take notes about what they have to say. The marketing department will usually
combine both forms of research.
The marketing department will seek to make sure that the company has a
marketing focus in everything that it does. It will work very closely with
production to make sure that new and existing product development is tied in
closely with the needs and expectations of customers.
Modern market focused organisations will seek to find out what their customers
want. For example, financial service organisations will want to find out about what
sort of accounts customers want to open and the standard of service they expect to
get. Retailers will seek to find out about customer preferences for store layouts and
the range of goods on offer. Airlines will find out about the levels of comfort that
customers desire and the special treatment that they prefer to receive.
A useful definition of marketing is the anticipation and identification of customer
needs and requirements so as to be able to meet them, make a profit or achieve
other key organisational objectives.
The marketing department of a firm that produces milk carries out research to find
out the sorts of new developments that their customers are looking for. They ask
33
customers to tell them what improvements they would like to see to existing
products and what new products they would like developing. They test market a
range of possible products on customers. As a result of the marketing process they
are able to come up with the most suitable products.
Nature and role of marketing
All modern organisations engage in marketing so as to be able to please and win
the loyal support of their customers. Gillette engages in marketing to find out about
the needs and requirements of shavers, banks engage in marketing research to find
out about its customers financial services requirements, and the Inland Revenue
engages in market research to find out about the needs and requirements of
taxpayers and other clients, dairy industry engages in market research to find out
about the competitors in the market and how to tackle the problem of competition.
The Chartered Institute of Marketing uses the following definition of marketing:
'Marketing is the management process responsible for identifying,
anticipating and satisfying consumer requirements profitably.'
T
he definition places consumers at the centre of the organisation's activities -
whether they be consumers of Kellogg's Special K, the pupils or parents of
children at the local school, or people buying milk from the dairy.
Some organisations are very close to their consumers - for example, a post office in
a small town. For other organisations consumers may be thousands of miles away.
34
The principle that the 'Consumer is King and Queen' is just as relevant to the
organisation engaged in marketing.
There are a number of key ingredients to the Chartered Institute of Marketing
definition:
Identifying - This will involve answering questions such as 'How do we find out
what the consumer's requirements are?' and 'How do we keep in touch with their
thoughts and feelings and perceptions about our good or service. This is a key
purpose of market research.
Anticipating - Consumer requirements change all the time. For example, as people
become richer they may seek a greater variety of goods and services. Anticipation
involves looking at the future as well as at the present. What will be the Next Best
Thing (NBT) that people will require tomorrow.
Satisfying - Consumers want their requirements to be met. They seek particular
benefits. They want the right goods, at the right price, at the right time in the right
place.
Profitability - Marketing also involves making a margin of profit. An organisation
that fails to make a profit will have nothing to plough back into the future. Without
the resources to put into ongoing marketing activities, it will not be able to
identify, anticipate or satisfy consumer requirements.
Marketing model
35
People often get confused between the marketing of a product and the selling of a
product. Marketing is concerned with identifying, anticipating and meeting the
needs of customers in such a way as to make a profit for the organisation. Market
research is thus an important element of marketing because this is the process
involved in finding out what customers want. Meeting customer requirements then
involves applying a relevant marketing mix i.e. providing the right product, at the
right price, through the right distribution channels (place) and supported by the
most suitable promotional and advertising activity.
Strategic and tactical marketing
Marketing operates at two levels within the organisation.
1. At one level marketing is a strategic discipline - it is concerned with major long
term decisions that affect the whole organisation.
In particular strategic marketing involves seeing marketing activity as being
essential to everything the organisation does. Given this strategic approach
36
everyone in the organisation has a responsibility for meeting needs of internal and
external customers.
2. As well as strategic marketing, marketing activity is also concerned with tactical
marketing. Tactical marketing is all about applying the marketing mix in the most
appropriate way. Tactical marketing involves such activities as:
organising relevant promotions,
setting prices, and adjusting price in line with customer expectations, what the
competition is doing etc.
positioning the product, and periodically organising relaunches and adjustments to
the product in line with changing market conditions.
organising the most appropriate channels through which to distribute the product.
The most appropriate marketing model is one that combines marketing strategy
with tactics to create a totally customer facing organisation.
Market planning
Marketing is the process of developing and implementing a plan to identify,
anticipate and satisfy consumer demand, in such a way as to make a profit. The
two main elements of this plan are market research to identify and anticipate
customer requirements and the planning of an appropriate marketing mix to meet
these requirements. Market research involves gathering and recording information
about consumers, market, product, and the competition in an organised way.
The information is then analysed and used to inform marketing decisions. There
are three main ways of gathering information for market research:
37
1.From internal information already held by an organisation, e.g. details of existing
customers and their spending habits.
2. External primary information - i.e. information collected at first hand by
interviewing customers and potential customers to get their views about a
company, products and services.
3. External secondary information - using published sources of information e.g.
those produced by marketing organisations about products, markets and brands.
Marketing planning can then be used:
1. To assess how well the organisation is doing in its markets.
2. To identify current strengths and weaknesses in these markets.
3. To establish marketing objectivesto be achieved in these markets.
4. To establish a marketing mix for each market designed to achieve organisational
objectives.
A simple definition of market research is 'keeping those who provide goods and
services in touch with the needs and wants of those who buy the goods and
services.'
A marketing strategy is an overall marketing plan designed to meet the needs and
requirements of customers. The plan should be based on clear objectives. A
number of techniques will then be employed to make sure that the marketing plan
is effectively delivered. Marketing techniques are the tools used by the marketing
department. The marketing department will set out to identify the most appropriate
techniques to employ in order to make profits.
38
These marketing techniques include public relations, trade and consumer
promotions, point-of-sale materials, editorial, publicity and sales literature.
Marketing techniques are employed at three stages of marketing:
Market research enables the organisation to identify the most appropriate
marketing mix. The mix should consist of:
the right product
sold at the right price
in the right place
using the most suitable promotional techniques.
To create the right marketing mix, marketers have to ensure the following:
The product has to have the right features - for example, it must look good and
work well.
The price must be right. Consumers will need to buy in large numbers to produce a
healthy profit.
The goods must be in 'the right place at the right time'. Making sure that the goods
arrive when and where they are wanted is an important operation.
39
The target group needs to be aware of the existence and availability of the product
through promotion. Successful promotion helps a firm to spread costs over a larger
output.
Finally techniques need to be applied to monitor the success of marketing activity.
For example when carrying out advertising it is helpful to track consumer
awareness of the adverts and their messages. Evaluation can also take the place of
other aspects of the marketing mix e.g. which distribution channels were most
effective? Was the chosen price the right one? etc.
Business behaviour: marketing
Today businesses have an increasing market focus. If organisations are to serve the
needs of their customers they need to be structured in such a way as to identify and
meet customer requirements.
Businesses therefore need to behave in such a way that they recognise the needs of
the customer.
A company prospers best when everyone in it believes that success depends on the
excellence of his or her contribution. Short-term decisions made many times a day
by individuals determine the quality of that day's work.
The governing principle should be that everybody has a customer - either outside
the company (the traditional 'customer') or inside the company (the internal
customer). Both kinds of customer expect to be supplied with the product or
service they need, on time and as specified.
The principle holds good for everyone in the company, whatever their level of skill
and experience, whether their 'product' is answering a telephone in a helpful way or
masterminding a major new project. It works to everyone's benefit.
40
It gives the individual genuine responsibility and scope for initiative and it
virtually guarantees that the company's performance will be improved.
However, individual behaviours will only match the organisation objective of
being customer focused if the right sorts of structures are created. Hence the
importance of developing structures such as team working and empowering
employees to make decisions rather than be told what to do.
Advertising, promotion, packaging and branding
Advertising, promotion, packaging and branding are important marketing tools
which are used to make products and services more desirable and hence increase
sales and profits.
Any form of publicity is advertising. There are two main forms of advertising
although in practice the two are inter-related.
The informational aspect of advertising involves providing information about
products, services, or about important issues. For example, the government
provides information about the dangers of cigarette smoking, which is an example
of informative advertising.
Persuasive advertising goes further and uses a persuasive message, for example by:
showing a famous personality (e.g. Film Stars) using the product
comparing the advantages of one product with another
Using sex appeal.
There are a number of processes involved in producing effective advertising,
including:
41
identifying the most appropriate market segments to target the advertising
choosing the best possible media, e.g. television, radio, posters etc
projecting the right message in the adverts
getting the timing of the advertisements right
tracking the effectiveness of the advertising, e.g. checking to see how many people
can recall the advert and its message.
Advertising is just one way of promoting a product. Promotion is the business of
communicating with customers. There are a number of ways of promoting
products and services, including:
in-store promotion e.g. giving away free samples in a supermarket
publicity in the media, competitions, and sponsorship
PR - public relations activities - i.e. presenting the public image of a company to a
wide audience
presenting products in attractive packaging
creating an attractive brand for a product.
Sponsorship
Packaging typically refers to the material in which a product is packed - or more
specifically, the surface design on the material. However, a wider definition
includes all the various aspects of presenting a product - e.g. the shape size and
appearance of the packaging, colour and design, the convenience of using the
packaging etc.
A brand is a product with a unique, consistent and well recognised character. The
branding of the product therefore involves projecting and developing this
character. The uniqueness can come either from an actual product or from its
image - usually created by its manufacturer through advertising and packaging.
42
The consistency comes mainly from the consistence of its quality and performance,
but it also reflects the consistency of the advertising and packaging. A brand is
well-recognised because it has been around for a long time. It takes years to
develop a brand.
CONSUMER PREFERENCE
All marketing starts with the consumer. So consumer is a very important person to
a marketer. Consumer decides what to purchase, for whom to purchase, why to
purchase, from where to purchase, and how much to purchase. In order to become
a successful marketer, he must know the liking or disliking of the customers. He
must also know the time and the quantity of goods and services, a consumer may
43
purchase, so that he may store the goods or provide the services according to the
likings of the consumers. Gone are the days when the concept of market was let the
buyer’s beware or when the market was mainly the seller’s market. Now the whole
concept of consumer’s sovereignty prevails. The manufacturers produce and the
sellers sell whatever the consumer likes. In this sense, “consumer is the supreme in
the market”.
As consumers, we play a very vital role in the health of the economy local, national
or international. The decision we make concerning our consumption behavior
affect the demand for the basic raw materials, for the transportation, for the
banking, for the production; they effect the employment of workers and
deployment of resources and success of some industries and failures of others.
Thus marketer must understand this.
Preference (or "taste") is a concept, used in the social sciences, particularly
economics. It assumes a real or imagined "choice" between alternatives and the
possibility of rank ordering of these alternatives, based on happiness, satisfaction,
gratification, enjoyment, utility they provide. More generally, it can be seen as a
source of motivation.
In cognitive sciences, individual preferences enable choice of objectives/goals.
The study of the consumer preference not only focuses on how and why consumers
make buying decision, but also focuses on how and why consumers make choice
of the goods they buy and their evaluation of these goods after use. So for success
of any company or product promotion it is very necessary to depart its
concentration towards consumer preference.
The underlying foundation of demand is a model of how consumers behave. The
44
individual consumer has a set of preferences and values whose determination are
outside the realm of economics. They are no doubt dependent upon culture,
education, and individual tastes, among a plethora of other factors. The measure of
these values in this model for a particular good is in terms of the real opportunity
cost to the consumer who purchases and consumes the good. If an individual
purchases a particular good, then the opportunity cost of that purchase is the
forgone goods the consumer could have bought instead.
We develop a model in which we map or graphically derive consumer preferences.
These are
The consumer’s objective is to choose the bundle of goods which provides the
greatest level of satisfaction as they the consumer define it. But consumers are
very much constrained in their choices. These constraints are defined by the
consumer’s income, and the prices the consumer pays for the goods.
THE THEORY OF THE CONSUMER
Consumer make decisions by allocating their scarce income across all possible
goods in order to obtain the greatest satisfaction. Formally, we say that consumers
maximize their utility subject to budget constraint. Utility is defined as the
satisfaction that a consumer derives from the consumption of a good.
As noted above, utility’s determinants are decided by a host of noneconomic
factors. Consumer value is measured in terms of the relative utilities between
goods.
These reflect the consumer’s preferences.
Theory of Consumer Preferences
45
Consumer preferences are defined as the subjective (individual) tastes, as measured
by utility, of various bundles of goods. They permit the consumer to rank these
bundles of goods according to the levels of utility they give the consumer. Note
that preferences are independent of income and prices. Ability to purchase goods
does not determine a consumer’s likes or dislikes. .
The Need to Understand Customer Preference
Have you ever wondered why your company often loses relatively satisfied
customers? Why is it that customers will often indicate they are satisfied with how
they have been treated but then leave for a competitor at the first opportunity?
Why is customer defection often unrelated to price? The answers to these and other
related questions are found in coming to an understanding of customer
preference.
The idea that customers prefer one product or one service over another is not new.
The ability to identify and measure the elements of such preference decisions with
any accuracy and reliability has only recently become available.
Research into this area of consumer behavior has brought understanding to some of
the major issues with standard customer satisfaction research.
Most importantly, we have come to realize that high customer satisfaction does
not assure continued customer preference. Satisfaction research over the past
fifteen years demonstrates that high satisfaction scores, while a measure of
corporate performance on a set of important criteria, do not adequately explain the
composition of preference formation and therefore often serve as insufficient
46
predictors of sustained preference or what is normally referred to as customer
loyalty.
Loyalty as a concept has also shown itself to be difficult to define. Like beauty,
loyalty is truly in the eye of the beholder. We understand there are different types
and degrees of loyalty and some of these are not appropriate in describing the
relationship between a consumer and a company. However, preference (defined as
The power or ability to choose one thing over another with the anticipation that
the choice will result in greater satisfaction, greater capability or improved
performance) has demonstrated the ability to be effectively measured and to
provide meaningful insight into the choices consumers make when selecting one
provider over another and when determining to continue a relationship over time.
REASONED ACTION MODEL OF CONSUMER PREFERENCE
47
The important contribution of the reasoned action model is the realization that
consumers utilize the model in all purchase experiences to a lesser or greater
extent. Of equal importance is the realization that the components used to make a
preference decision are also the ones employed by a consumer to evaluate the
48
Conviction that the choice leads to certain desired
functional outcomes
Evaluation of the outcomes
Conviction that the choice is considered
correct by others
Motivation to comply with the opinion of
others
Conviction that the choice leads to certain
desired emotive outcomes
Attitude toward the behavior
Subjective comparison norm
Intention Preference Behavior
performance success of the product or service purchased and the company
responsible for them. Therefore, as the components of preference change, the
elements influencing satisfaction change accordingly.
The relationship is dynamic and fluid therefore static or predetermined satisfaction
analytic packages often miss the most important elements of preference and can
create a false sense of security on the part of companies who think that since their
customer satisfaction scores are high they must in turn have relatively loyal
customers.
49
Data Analysis and Interpretation
DATA ANALYSIS AND INTERPRETATION
I met around 100 sellers of milk and found the following information from the agent’s answer of the relevant questionnaire. These charts are made according to the found data on 100 questionnaires.
1. Total Number of shops for Visakha and Heritage.
50
PRODUCT NO. OF RESPONDENTS
VISAKHA 60
HERITAGE 40
VISAKHA HERITAGE0
10
20
30
40
50
60
70
NO. OF RESPONDENTS
NO. OF RESPONDENTS
51
BRAND PREFERENCE
VISAKHAHERITAGE
INTERPRETATION
Here, I have taken a sample size of 100 agents to understand the total
market share of Heritage and Visakha brands. We can see that VISAKHA has a
better share in the market than HERITAGE. Only 40% shops sell the HERITAGE
out of 100 and 60% sell Visakha. This clearly indicates the preference levels of
Visakha among customers when compared to Heritage.
2. How many Crates of Visakha and Heritage do you sell in a day?
52
PRODUCT NO. OF CRATES
VISAKHA 790
HERITAGE 748
VISAKHA HERITAGE720
730
740
750
760
770
780
790
800
NO. OF CRATES
NO. OF CRATES
53
VISAKHA51%
HERITAGE49%
NO. OF CRATES SOLD ON A DAILY BASIS
INTERPRETATION
Sale of Visakha milk per day is 790 crates and sale of Heritage milk is 748 crates
per day. It is clearly evident that the sale of Visakha milk is better than the sale of
Heritage milk.
3. Is the availability of Visakha milk sufficient?
54
RESPONSE NO. OF RESPONDENTS
YES 80
NO 20
YES NO0
10
20
30
40
50
60
70
80
90
NO. OF RESPONDENTS
NO. OF RESPONDENTS
55
YES80%
NO20%
SUFFICIENCY OF MILK AVAILABILITY
INTERPRETATION
In my survey 80% agents are satisfied with the availability of Visakha milk and
20% agents are not satisfied with the availability of Visakha milk.
56
4. Are you satisfied with product delivery time?
RESPONSE NO. OF RESPONDENTS
YES 57
NO 43
YES NO0
10
20
30
40
50
60
NO. OF RESPONDENTS
NO. OF RESPONDENTS
57
SATISFACTION WITH PRODUCT DELIVERY TIME
YESNO
INTERPRETATION
53% of agents said that delivery time of Visakha Milk is good where as
47% of agents felt that the delivery time of Visakha Milk is not so good causing
inconvenience to the collecting agents.
58
5. Margin of Sales is sufficient or not?
RESPONSE NO. OF RESPONDENTS
YES 30
NO 70
YES NO0
10
20
30
40
50
60
70
80
NO. OF RESPONDENTS
NO. OF RESPONDENTS
59
Satisfaction with Margin of Sales
YESNO
INTERPRETATION
Most of the agents were not happy with the margin on sales paid to them by
Visakha Dairy. The level of dissatisfaction is more than the level of satisfaction.
60
6. Behavior of milk delivery van driver is?
RESPONSE NO. OF RESPONDENTS
EXCELLENT 56
GOOD 24
AVERAGE 12
BAD 8
EXCELLENT GOOD AVERAGE BAD0
10
20
30
40
50
60
NO. OF RESPONDENTS
NO. OF RESPONDENTS
61
BEHAVIOUR OF DELIVERY VAN DRIVER
EXCELLENTGOODAVERAGEBAD
INTERPRETATION
In my survey, I understood that 56% agents felt that the behavior of driver is
excellent, 24% agents said that it is good, 12% agents said that it is average and
8% said that is bad. It means that on an average the behavior of the delivery van
driver is good.
62
7. Quality of Visakha Milk is
RESPONSE NO. OF RESPONDENTS
EXCELLENT 33
GOOD 46
AVERAGE 13
BAD 8
EXCELLENT GOOD AVERAGE BAD0
5
10
15
20
25
30
35
40
45
50
NO. OF RESPONDENTS
NO. OF RESPONDENTS
63
QUALITY OF VISAKHA MILK
EXCELLENTGOODAVERAGEBAD
INTERPRETATION
During the survey 33% agents said that the quality of Visakha milk is excellent,
46% said good, 13% said average and only 8% said that the quality of
Visakha milk is bad. This gives a clear picture that visakha milk has to take
certain measures to improve the quality of milk to satisfy all the people.
64
8. Customer purchase milk because of
FACTOR NO. OF RESPONDENTS
PRICE 23
QUALITY 44
TASTE 10
AVAILABILITY 15
OTHERS 8
PRICE QUALITY TASTE AVAILABILITY OTHERS0
5
10
15
20
25
30
35
40
45
50
NO. OF RESPONDENTS
NO. OF RESPONDENTS
65
REASON BEHIND BUYING MILK
PRICEQUALITYTASTEAVAILABILITYOTHERS
INTERPRETATION
In my survey agents said that 23% customers purchase Visakha milk due to price,
44% due to quality, 10% due to taste, 15% due to availability and 8% due to other
reasons.
66
Report of Consumer
Q- Which Brand of milk do you use?
PRODUCT NO. OF RESPONDENTS
VISAKHA 47%
HERITAGE 33%
OTHERS 20%
VISAKHA HERITAGE OTHERS0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
NO. OF RESPONDENTS
NO. OF RESPONDENTS
67
BRAND PREFERENCE BY CUSTOMERS
VISAKHAHERITAGEOTHERS
INTERPRETATION
During my survey it was observed that 47% consumers prefer Visakha
milk, while 33% consumers prefer Heritage milk and 20% consumers prefer
other Milk brands including loose milk supplied by milkmen.
68
Q- How do you know about Visakha Milk?
SOURCE NO. OF RESPONDENTS
Advertisements 53%
Shopkeeper 32%
Others 15%
Advertisements Shopkeeper Others0%
10%
20%
30%
40%
50%
60%
NO. OF RESPONDENTS
NO. OF RESPONDENTS
69
SOURCE
AdvertisementsShopkeeperOthers
INTERPRETATION
When cus tomers were asked how they came to know about
Visakha Milk , 53% of customers replied through advertisement, 32% of
Customers replied through their local shopkeepers and 15% of customers replied
by other means.
70
Q- What is the average Quantity of milk Consumed by you?
QUANTITY NO. OF RESPONDENTS
2+ ltrs 30%
2 ltrs 45%
1+ ltrs 13%
1 ltr 12%
2+ ltrs 2 ltrs 1+ ltrs 1 ltr0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
QUANTITY CONSUMED
NO. OF RESPONDENTS
71
QUANTITY OF MILK CONSUMED
2+ ltrs2 ltrs1+ ltrs1 ltr
INTERPRETATION
I observed in my survey that 30% of consumers consume 2+ ltrs milk per day, 45%
consumers consume 2 ltrs milk per day and 13 % consumers consume 1+ ltr per
day, while only 12% consumers consume 1 liter of milk per day.
72
Q- Why do you choose a particular brand?
REASON NO. OF RESPONDENTS
HOME DELIVERY 10%
EASY AVAILABILITY 23%
PRICE 22%
QUALITY 45%
HOME DELIVERY EASY AVAILABILITY PRICE QUALITY0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
NO. OF RESPONDENTS
NO. OF RESPONDENTS
73
REASON FOR BRAND PREFERENCE
HOME DELIVERYEASY AVAILABILITYPRICEQUALITY
INTERPRETATION
It was observed during the survey that different persons consume
a particular brand because of many factors. 10% of consumers consume a
particular Brand of milk because of Home Delivery, while 23% of consumers
consume a particular band of milk because of Easy availability and 22% of
consumers consume a particular brand because of Price, 45% of consumers
consume a Particular brand because of Quality of the product provided to
them by the company.
74
Q- Why are you using Visakha Milk?
REASON NO. OF RESPONDENTS
HOME DELIVERY 5%
EASY AVAILABILITY 28%
PRICE 16%
QUALITY 51%
HOME DELIVERY EASY AVAILABILITY PRICE QUALITY0%
10%
20%
30%
40%
50%
60%
NO. OF RESPONDENTS
NO. OF RESPONDENTS
75
REASON FOR PREFERING VISAKHA MILK
HOME DELIVERYEASY AVAILABILITYPRICEQUALITY
INTERPRETATION
When the customers using Visakha milk were asked why they use Visakha milk,
5% of customers replied with the answer because of Home Delivery of the
Milk, 28% of customers replied with the answer because of Easy Availability,
while 16% of customers replied with the answer that because price is very
good and rest 51% replied that the quality of Visakha milk is very good. So
maximum number of customers prefer visakha milk because of its good quality.
76
Q- Why are you not using Visakha Milk?
REASON NO. OF RESPONDENTS
HOME DELIVERY 9%
EASY AVAILABILITY 18%
PRICE 47%
QUALITY 26%
HOME DELIVERY EASY AVAILABILITY PRICE QUALITY0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
NO. OF RESPONDENTS
NO. OF RESPONDENTS
77
REASONS FOR NOT PREFERING VISAKHA MILK
HOME DELIVERYEASY AVAILABILITYPRICEQUALITY
INTERPRETATION
When customers not using Visakha milk were asked reason for not using the
Visakha milk many reasons were found. 9% of the customers do not
prefer Visakha because of its high price, 18% of consumers do not
consume Visakha milk because of non-availability of the Visakha milk at
their nearest shopkeepers, while 47% of customers do not use Visakha milk
because of no home delivery service, 26% of consumers do not prefer Visakha
milk because of Low Quality of Visakha milk. So the response is mixed.
78
Q- How do you Purchase Milk?
RESPONSE NO. OF RESPONDENTS
YOURSELF 83
HOME DELIVERY 17
YOURSELF HOME DELIVERY0
10
20
30
40
50
60
70
80
90
NO. OF RESPONDENTS
NO. OF RESPONDENTS
79
MODE OF PURCHASE
YOURSELFHOME DELIVERY
INTERPRETATION:
When customers were asked, how they Purchase the milk 83% of customers said
on their own, while 17% of the customers responded with the answer Home
Delivery.
80
Q- What is your overall experience with Visakha.
RESPONSE NO. OF RESPONDENTS
EXCELLENT 10%
GOOD 61%
FAIR 22%
POOR 7%
EXCELLENT GOOD FAIR POOR0%
10%
20%
30%
40%
50%
60%
70%
NO. OF RESPONDENTS
NO. OF RESPONDENTS
81
OVER ALL RESPONSE WITH VISAKHA
EXCELLENTGOODFAIRPOOR
INTERPRETATION:
When customers were asked what their overall experience with Visakha
was then, 10% of customers replied with the answer excellent, 61% customers
replied good, 22% customers replied fair and 7% of the customers responded with
the answer poor.
82
AWARENESS
PURCHASE PREFERENCE
PRODUCT PREFERENCE
VISAKHA 30%
HERITAGE 26%
JERSEY 6%
DODLA 13%
AGRIGOLD 15%
OTHERS 10%
VISAKHA HERITAGE JERSEY DODLA AGRIGOLD OTHERS0%
5%
10%
15%
20%
25%
30%
35%
PURCHASE PREFERENCE
83
WHAT INFLUENCES CONSUMER TO BUY VISAKHA MILK?
PRODUCT PREFERENCE
ADVERTISING 12%
WORD OF MOUTH 18%
ATTRACTIVE PACKING 5%
DEALER 5%
PRICE 10%
QUALITY 40%
OTHERS 10%
ADVERTISING WORD OF MOUTH
ATTRACTIVE PACKING
DEALER PRICE QUALITY OTHERS0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
PREFERENCE
84
Findings
Suggestions
Annexure
Bibliography
FINDINGS
85
FINDINGS OF RETAILER SURVEY
Heritage is offering more incentives than Visakha.
Heritage has started to offer chilling equipments.
Most of the retailers associate themselves with Visakha milk.
Visakha products are sold more than others.
Retailer if provided more cooling equipment promises to stock more
Visakha products.
Retailers have problem of advertising material, schemes related material of
Visakha.
Retailers are more interested in products of those companies, which offers
more margins to them.
Visakha Milk becomes scarce during the time of festivals etc.
Visakha is not trying to introduce new products in the market.
The packing of Visakha Products in not so attractive.
SUGGESTIONS
86
Visakha should change the packing as it is not attractive and does not seem to be
standard and hygienic.
Visakha should make 24hour availability of milk in the market in order
to improve their Sales.
Visakha should offer more home delivery services to Increase sales
Visakha should offer refrigerators on installments to retailers.
Visakha should give emphasis on Punctuality and regularity in the Supply of milk.
Visakha should offer promotional schemes to retailers as is done by Heritage.
Visakha should offer some extra benefit to the customer and supplier.
Visakha should offer promotional schemes to retailers as free sample, gift packs
The organization should make elaborate arrangements for availability of milk at
the time of festivals etc.
Visakha should provide home delivery facility to their consumers.
Visakha should launch some new products also.
Visakha should emphasize to provide better quality than others instead of
increasing the sale.
Visakha should increase the number of retail shops, where the retail
shops of Visakha is not available.
Visakha should emphasize on advertisement also.
PLEASE ANSWER ALL QUESTIONS ASKED IN THE QUESTIONAAIRE AND SEEK FOR HELP IF ANY THING IS NOT CLEAR OR UNDERSTOOD TO YOU.
87
NAME OF CUSTOMER:
OCCUPATION: ______________________________________
ADDRESS: ______________________________________
MOBILE NUMBER: ______________________________________
No. OF FAMILY MEMBERS: 1 to 3, ( ) 3 to 5 ( ) , More than 5 ( )
MONTHLY INCOME:
BELOW 5000 ( ) 15000 to 20,000, ( )20,000 to 50,000, ( )MORE THAN 50,000 ( )
Q.No.1: Which brand of milk do you use?
(a) Visakha ( ) (b) Vijaya ( ) (c) Others ( )
Q.No.2: How do you know about Visakha Milk?
(a) Advertisement ( ) (b) Shopkeeper ( ) (c) Others ( )
Q.No.3: Quantity used by you (In liter)?
(a) 3 liters ( ) (b) 2 liters ( ) (c) 1+ liters ( ) (d) 1 liter ( )
Q.No.4: Reason to choose a particular brand?
(a) Home Delivery ( ) (b) Easily Available ( )
(c) Price ( ) (d) Quality ( )
Q.No.5: Reason for using Visakha?
(a) Quality ( ) (b) Price ( ) (c) Availability ( )
88
Q.No.6: Reason for not using Visakha ?
(a) High Price ( ) (b) Non Availability ( )
(c) Not regular supply ( ) (d) Bad Taste ( )
Q.No .7: How do you purchase milk ?
(a) Yourself ( ) (b) Home Delivery ( )
Q.No.8: Response of customer about door delivery?
(a) Yes ( ) (b) No ( )
Q.No.9: Response regarding extra charges for door delivery?
(a) Yes ( ) (b) No ( )
Q.No. 10: What type of Visakha milk do you use?
(a) Standardized ( ) (b) Full Cream ( )
(c) Toned Milk ( ) (d) Loose Milk ( )
Q.No.11: Change from one brand to another brand
a) Yes ( ) b) No ( )
Q.No.12: Over all experience with Visakha
a) Excellence ( ) b) Good ( )
89
c) Fair ( ) d) Poor ( )
Q.No.13: Your suggestion with respect to Visakha milk product?
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………….
90
RETAILER SURVEY FORM
Name of the shop ___________________________ Address: __________________________________________________Tel No.___________________________________________________
Q.No.1: What are the milks you usually keep in your shop?
a) Visakha b) Vijaya c) Tirumala d) Jersey e) Heritage f) Others
Q.No.2: Rate these milks in terms of volume of sales from 1 to 4
a) Visakha b) Vijaya c) Tirumala d) Jersey e) Heritage f) Others
Q.No.3: Does packing play any role in promoting sales?
a) Yes b) No
Q.No.4: How do you sell the milk?
a) At M.R.P b) Less than M.R.P c) More than M.R.P
Q.No.5: How would you compare the services of Visakha and other brands on the following?
Tick mark your preference
a) Frequency of Visit of sales personnel Visakha ( ) Others ( )b) Timely delivery Visakha ( ) Others ( )c) Display Support Visakha ( ) Others ( )d) Any other Visakha ( ) Others ( )
Q.No.6: Customer purchase milk because of:
a) Price b) Quality c) Availability d) All of these
Q.No.7: Behaviour of Delivery Van Driver a) Good b) Excellent c) Bad d) Average
91
Q.No.8: Quality of Visakha Milk a) Good b) Excellent c) Bad d) Average
Q.No.9: Product delivery time
a) Good b) Bad
Q.No.10: Customer’s preference purchase
a) Counter Purchase b) Door Delivery
Q.No.11: Margin on sales
a) Yes b) No
Q.No.12: Payment Mode
a) Monthly b) Weekly c) Daily
92
BIBLIOGRAPHY
BOOKS
► Marketing management- Kotler Philip
► Marketing research- Malhotra K. Naresh
► Marketing Management- Berman B and Evans J.R
► Consumer Preference- Louden D.L. & Bitta Delia
►Advertising-Environment and operations- Newman A.J. and Cullen P
INTERNET WEB PAGE
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Literature review on visakhadairy
marketing.co.in
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