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A PROJECT REPORT ON FARMERS PREFERANCE OF Bt-COTTON HYBRIDS IN RELATION TO PRODUCT OF NUZIVEEDU SEEDS IN BHAVNAGAR DISTRICT OF GUJARAT Summer Project Report Submitted, In The Partial Fulfillment Of The Degree Of Master Of Business Administration Semester-II By PATEL JIGARKUMAR KIRTIKUMAR Roll No :- 64 Under The Guidance Of : Prof. Hiren Sondarva V.M.Patel Institute Of Management. Submitted To : V.M.Patel Institute Of Management, Ganpat University, Kherva.

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Page 1: Nuziveedu seeds ltd

A PROJECT REPORT

ON

FARMERS PREFERANCE OF Bt-COTTON HYBRIDS IN RELATION TO PRODUCT OF NUZIVEEDU SEEDS IN

BHAVNAGAR DISTRICT OF GUJARAT

Summer Project ReportSubmitted,

In The Partial Fulfillment Of The Degree OfMaster Of Business Administration

Semester-II

By

PATEL JIGARKUMAR KIRTIKUMAR Roll No :- 64

Under The Guidance Of :Prof. Hiren Sondarva

V.M.Patel Institute Of Management.

Submitted To :V.M.Patel Institute Of Management,

Ganpat University,Kherva.

July 2010

Page 2: Nuziveedu seeds ltd

Sr. No Particular Page No

Certificate by the company -

Certificate by the Guide -

Certificate by Mentor -

Candidate’s Statement -

Preface I

Acknowledgement II

Executive Summary III

Part : 1 :- Company Overview 1

Introduction Of The Company 2

History Of The Company 3

Vision & Mission 4

Nuziveedu Seeds Bags Award 5

Page 3: Nuziveedu seeds ltd

Location 7

Infrastructure & Facilities 8

Production Department 10

Part : 2 :- Marketing Function Analysis 16

Chapter : 1 :- Basic Information 17

Chapter : 2 :- Marketing Mix 20

Chapter : 3 :- Marketing Research & Objective 44

Chapter : 4 :- Analysis And Interpretation 53

Chapter : 5 :- Limitation 67

Chapter : 6 :- Conclusions 69

Chapter : 7 :- Bibliography 71

Chapter : 8 :- Annexure 73

Page 4: Nuziveedu seeds ltd

CERTIFICATE BY THE GUIDE

This is to certify that the contents of this report entitled “PATEL

JIGARKUMAR KIRTIKUMAR. ROLL NO :- 64” by submitted to V. M. Patel

Institute of Management for the Award of Master of Business Administration

(MBA Sem-II) is original research work carried out by him/her/them under my

supervision.

This report has not been submitted either partly or fully to any other University

or Institute for award of any degree or diploma.

Prof. Hiren Sondarva,

Lecturer,

V. M. Patel Institute Of Management,

Ganpat University.

Kherva.

Date :

Place :

Page 5: Nuziveedu seeds ltd

CERTIFICATE BY THE MENTOR

This is to certify that the contents of this report entitled “PATEL

JIGARKUMAR KIRTIKUMAR ROLL NO-64 ” by submitted to V. M. Patel

Institute of Management for the Award of Master of Business Administration

(MBA Sem-II) is original research work carried out by him/her under my

mentoring. I, hereby certify the authenticity of the data and facts mentioned in

the report.

This report has not been submitted either partly or fully to any other University

or Institute for award of any degree or diploma.

Prof. Hiren Sondarva,

Lecturer,

V. M. Patel Institute Of Management,

Ganpat University.

Kherva.

Date :

Place :

Page 6: Nuziveedu seeds ltd

CANDIDATE’S STATEMENT

I hereby declare that the work incorporated in this report entitled “PATEL

JIGARKUMAR KIRTIKUMAR ROLL NO-64 ” in partial fulfillment of the

requirements for the award of Master of Business Administration (Sem.- II) is

the outcome of original study undertaken by me/us and it has not been submitted

earlier to any other University or Institution for the award of any Degree or

Diploma.

Patel Jigarkumar Kirtikumar,

Student’s Of

V. M. Patel Institute Of Management,

Ganpat University.

Kherva.

Date :

Place :

Page 7: Nuziveedu seeds ltd

One can deny for the importance of the practical exposure of the problem for its better

understanding and better grip of coming out with an industrially acceptable solution.

Being the Management student and performing small practical even is in itself an

experience of responsibility on our head. The project is certainly the best chance to work in

the research field and have practical understanding of research. And this exposure has really

added a supplement and nourishment to our growing tree of management knowledge- just like

the fertilizer does to the plants.

In view of above, this report has been completed as a part of syllabus prescribed for

the MASTER OF BUSINESS ADMINISTRATION. This had been made in order to know

the “FARMER’S PREFERENCE ON Bt-COTTON OF IN BHAVNAGAR AREA”. For this

a wide survey of targeted population has been made. This will help us to understand the

Market potential & People Awareness of Bt-cotton. Here, to know their Awareness and

Purchase a products of Nuziveedu seeds ltd, we have made Questionnaire which helped us to

collect Primary data from the Target Population by making the survey. We have collected

data as per guideline provided. This data has been verified and carefully analyzed in order to

predict this result of the targeted population in a given predefined value. Thus result oriented

by this project help us to understand the market potential and consumer awareness of “Bt-

Cotton Of Nuziveedu Seeds Ltd” whether they would like to know or not.

Page 8: Nuziveedu seeds ltd

To make any project, essential requirement is able guidance and references without

which project is incomplete. We are very much thankful to Prof. Hiren Sondarva who has

gided and motiveted me And Prof. viral vaishnav who has provided us an opportunity and

motivation to gain knowledge through this type of project And also thankful to Dr. Mahendra

Sharma sir And also thankful to all faculty members. We will get practical knowledge from

this project and this will help me a lot in our career.

We are also thankful to V. M. Patel Institute of Management for providing facility of

library and computer laboratory, which are proved as valuable input resources for preparing

our project.

I am also thankful to Nuziveedu Seeds Ltd. Also thankful to Dr.S.P.S.Khuswa Sir,

also thankful to Yogesh Sir, also thankful to Sanju Chobe Sir, who are help me in training and

give clear direction of the training. In the training I learn lot of things of the marketing.

We are also obliged by our respondents, whose co-operation has contributed major

part in our project. These are the main sources of primary data for our project.

Page 9: Nuziveedu seeds ltd

1.COMPANY PROFILE

In company profile we can know when the company was started what’s its

progress, who are company’s auditors, bankers, owners. How many awards the company get.

2. MARKETING DEPARTMENT

In marketing department I can know the product distribution channel, sales

promotion activity, advertisement, product pricing , product development and transportation

channel.

3. PERSONNEL DEPARTMENT

In personnel department there no recruitment and selection process. I can know

this kind of facility the company provide to its employees and how they manage shift vise

work and employees.

4. PRODUCTION DEPARTMENT

In production department I am able to know about the whole production process,

mounding, fitting,

This project report I include the company’s general information, its image in the

present market and in the customers mind. Its organizational relation ship various department

and at the last concluding this summery these all information is given by this report. I was

able to relate practical with theory knowledge.

Page 10: Nuziveedu seeds ltd
Page 11: Nuziveedu seeds ltd

Nuziveedu Seeds Pvt.Ltd, today, is a leader in R & D, production and marketing of not

only cotton hybrid seed but also the hybrid seeds of other field crops like Corn, Rice,

Sunflower, Sorghum, Pearlmillet, and vegetable crops. NSL has also initiated work on

developing high yielding varieties and hybrids in Wheat and mustard.

With the successful performance of Bunny BT and Mallika BT, cotton hybrid

varieties, NSL has 35 – 40 % of Indian hybrid cotton seeed market share. NSL hybrids

contribute in producing 50% of the best quality of cotton in India. As a result, company

received National Award (2002) for best R & D efforts in Industry by department of Scientific

and Industrial Research, Ministry of Science and Technology, Govt of India.

Thirty five (35) years of successful operations contribute strong financials and high

brand equity to the company. Every Indian farmer is well familiarized with “Subeej”, a brand

name of NSL’s products We are enjoying a client base of 10 Million farmers who have reaped

a rich rewards by cultivating company’s “Subeej Seeds”.

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Nuziveedu Seeds Pvt.Ltd was established in year 1973 by Sri M Venkatramaiah,

present chairman of the company, with a progressive vision and solemn objective of

developing and providing quality cotton seeds to the farmers at reasonable price. His son and

the present Managing director of the company, Sri M. Prabhakar Rao took over the reins of

NSL in year 1982, after the completion of his masters in Plant breeding. The profound

endeavors of Sri M Venkatramaiah backed by the excellent academic record, right instinct

and flawless management skills of Sri M Prabhakar Rao has brought the company to a top

rank position in Indian seed industry. At present, NSL is the first Indian seed company with a

turnover of about Rs 500 Crores.

Page 13: Nuziveedu seeds ltd

To be the most preferred Seed Brand in India in all the crops we deal.

To ensure desired quality in all the seeds produced and have 100% satisfied customers

To develop the best hybrids to suit the farmers needs.

To maintain and extend the quality standards across all products.

To ensure consistent and timely supply to the market.

To maintain harmonious relationship with growers, dealers, distributors and suppliers.

To create a working atmosphere to enable the employees grow and prosper.

To imbibe the objective and philosophy of the company into the employees.

To attain sales revenue of USD 250 Million (approx INR 11250 Million) by 2012 and

maintain present leadership position

Page 14: Nuziveedu seeds ltd
Page 15: Nuziveedu seeds ltd

The prestigious annual biotech industry survey - Bio Spectrum - ABLE Biotech

Industry Survey - 2008 has adjudged Nuziveedu Seeds Pvt Ltd as the "No 1 bio-agri

company of india for the year 2008".

The survey was jointly conducted by ABLE (Association of Biotechnology - Led

Enterprises) and Bio Spectrum and the award was presented to Nuziveedu Seeds at the 6th

Bio Spectrum - ABLE Biotech Industry Survey Award ceremony which was held on

December 12th.

Page 16: Nuziveedu seeds ltd

Corporate office of the company is situated at Hyderabad, India. It has got

presence in about 15 major agricultural states with offices at Hyderabad, Delhi, Guntur,

Ahmadabad, Akola, Indore, Davangere, Bangalore, Chennai, Lucknow, Jaipur, and Patna etc.

Page 17: Nuziveedu seeds ltd

State of Art facilities throughout the supply chain is enabling NSL to market

quality product at competitive price. The Company possesses most modern infrastructure in

the form of R & D Farms, Processing plants, ISTA accredited in-house seed testing

laboratory, biotechnology laboratory, sophisticated gas-delinting plant and conditioned

godowns.

Company’s world class research facilities facilitating breed crops for all regions

are spread across the country. The main centre is located near Hyderabad, Andhra Pradesh in

a total area of about 125 acres with seven satellite center and sub centres located in the states

of Uttar Pradesh, Gujarat, Haryana, Orissa, Karnataka, Tamilnadu and Maharashtra etc. with

an area of about 400 acres.

NSL takes up hybrid seed production programme on contract arrangements with

the loyal and experienced growers. The production arears are located across the country

giving dependability in production. The quality seed is marketed after processing and

ensuring prescribed quality standards by testing for germination, genetic purity and other

parameters. The Company has strong marketing network throughout the country with

emphasis on After-sales services as one of the strong feature of the company.

Being a top player in Cotton, NSL strives to achieve the same position in other

products like paddy, maize, sunflower, jowar, bajra, and vegetables etc.

Page 18: Nuziveedu seeds ltd

At present NSL is using the GM traits for imparting “insect resistance in cotton” and selling

the largest quantity of BT cotton seeds in India. NSL also is developing GM traits on its own

and through contract research with reputed national and international research institutes for

cotton and other crops.

We with our professional management team are dedicated to develop “Agriculture

rich India”

Page 19: Nuziveedu seeds ltd
Page 20: Nuziveedu seeds ltd

Our unique and well defined seed production process helps us to produce vigorous,

healthy and pure seed. Company takes up hybrid seed production programme or contract

arrangements with loyal and experienced growers. Today, about 42,000 farmers across India

are engaged with NSL in quality seed production.

Company has a skilful and experienced production staff which maintains excellence in

their following functions:

Proactive seed production planning to properly serve the market demand.

Isolation of new areas having favorable soil and climatic conditions for quality seed

production.

Selection of farmers, organizers and sub organizers.

Maintaining a symbiotic relation with farmers by guiding them in scientific seed

production.

Supervision at critical stages in order to maintain genetic and physical purity of seed.

Transfer of new and effective technology to the farmer.

Adequate financial support through advances, timely payments and fair prices.

Page 21: Nuziveedu seeds ltd
Page 22: Nuziveedu seeds ltd

Nuziveedu seed limited has made significant investment in establishing

state-of–the-art infrastructure for R & D, Processing, testing, packing and distribution of its

products.

The seeds are produced by about 42,000 experienced contract growers

and are then processed at the modern processing plants in Kompally, Kottur, Nandigam,

Yellampet (all near Hyderabad), Medak, Mahaboobnagar, Krishna, Guntur, and West

Page 23: Nuziveedu seeds ltd

Godawari districts of Andhra Pradesh and Gacchuroli and Akola districts of Maharashtra. To

keep itself abreast with the latest technology NSL has acquired and imported machines like:

Delta Flat Screen Machines from Cimbria, Denmark.

Gravity Separators from Heid, Austria.

Needle separator from Cimbria, Denmark

Seed Treatment and polymer coating machine from Germany.

To ensure better germination percentage among cotton crop seeds, NSL

has established a state-of-the-art Gas delinting and cotton seed processing facility with a

capacity of about 300 quintals per day NSL designed and developed several machinery for

processing Cotton seeds which are used now by others also.

Use of advance machinery in seed processing results in an efficient,

economic and worthwhile value addition in NSL’s products.

PackingNSL posses 8 packing lines which are completely automatic with an

output capacity of 30 packets / minute/per line. There are such automatic lines for corn, rice

and other crops also. It enables the company to manufacture and supply the seeds of various

crops @ 2 lakh packets per day.

Conditioned StorageThe Company has the largest air conditioned storage facility in the

country, with a capacity of 18000 MT with automatic loading and unloading systems. This

facility enables the company to store seeds without any deterioration of quality and also

maintain buffer stocks to tide over any shortages on account of production failures.

Page 24: Nuziveedu seeds ltd

NSL believes that quality is never an accident and is a result of

innovation and proper management.

Keeping total quality management in view, NSL products are passed

through two major quality assessment tests i.e. STL and GOT.

Page 25: Nuziveedu seeds ltd

In Nuziveedu seed testing laboratory (NSTL), seed samples are tested

for the quality parameter such as moisture content, physical purity, germination, vigour, luster

and size of the seed etc., so as to ensure better performance in farmer's field.

NSTL is the 6th ISTA accredited laboratory in India accredited in the

year 2006.The Laboratory has been equipped with the infrastructure as per the specifications

of International seed testing Association (ISTA). Before releasing to market, each and every

seed sample is tested as per ISTA standards.

GOT is Grow out test. The genetic purity of the sample is assured

through Grow out test (GOT). About 36,000 lots or samples are tested over 450 acres of

company’s GOT farms. These farms are located at Nuziveedu, Nizamabad, Guntur, Attur and

Kallakal and the tests are conducted under technical supervision of the company's qualified

production staff. The Genetic purity of the crop (sample) is confirmed by comparing its

morphological character with the check sample. Sample should meet the standards specified

in the minimum seed certificate standards.

The Quality seed after passing all the tests is considered as marketable

material and sent for further processing & packing.

GOT INSPECTION

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Page 27: Nuziveedu seeds ltd
Page 28: Nuziveedu seeds ltd

Marketing concept states that achieving organization goal depend on

determining the needs and wants of target markets and delivering the desired satisfaction

more effectively and efficiency than competitors do.

The selling concept takes an inside-out perspective. It starts with the factory,

focuses on company’s existing products and calls for heavy promotion and selling to obtain

profitable sale. It focuses on getting short –terms sales with little concern about who buys and

why. The marketing concept starts with well-defined market, focuses on customer needs, and

integrates all marketing activities, that affect consumers. Thus it yields profits by creating

long term customer relationship based on customer value and satisfaction.

Page 29: Nuziveedu seeds ltd

1) Satisfy the customer.

2) Retaining present customer and attracting new once.

3) Earning profit.

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The set of controllable tactical marketing tools- product, price, place and promotion that

blends to produce response it wants in the target market.

The controllable factors of marketing mix.

Variety Size Feature Quality Design

Price Discount Allowance Payment period Credit term

Page 31: Nuziveedu seeds ltd

Variety Size Feature Quality Design

Price Discount Allowance Payment period Credit term

Advertising Personal selling

1) Sales promotion2) Public relation

Channels Coverage Assortment Location transport

Page 32: Nuziveedu seeds ltd

It means and services combination the company offers

to target customer.

Variety

Size

Feature

Quality

Design

Page 33: Nuziveedu seeds ltd

Bunny Bt is a high yielding variety as it performs well with close

spacing and at higher plant density.

NCS 145 (Bunny Bt): is released in year 2005 suitable to grow in

central and south zone of India.

NCS 145 II (Bunny Bt II): is a new version of BunnyBt cotton hybrid,

developed by Nuziveedu seeds limited. It is released in year 2008 especially for North and

South zone of India.

Page 34: Nuziveedu seeds ltd

Morphological Characters: Vigorous, medium tall, bushy and open

growth with normal, slightly lobed, dark green leaves.

Special features:

The NCS 145 Bunny Bt is high yielding, medium maturity duration variety of cotton.

Suitable for both irrigated and rainfed conditions and on soils having high moisture retention.

Kapas quality is superior with high ginning percentage. Fetches higher prices if Kapas are not

mixed with other varities.

Tolerant to Black arm disease and moderately tolerant to sucking pests like Jassid, Whiteflies

etc.

Quality cotton features:

Big Boll (5 to 6g), oval shaped.

Recommended spacing :

Soil Type Spacing

Black Heavy soils 90 x 60 cm

Light soils 90 x 45 cm.

Maturity duration: 145 – 155 days.

Yield Potential: 40 – 42q/ha.

Page 35: Nuziveedu seeds ltd
Page 36: Nuziveedu seeds ltd

Bunny Bt is a high yielding variety as it performs well with close spacing and at

higher plant density.

NCS 145 (Bunny Bt): is released in year 2005 suitable to grow in central and south zone of

India.

NCS 145 II (Bunny Bt II): is a new version of BunnyBt cotton hybrid, developed by

Nuziveedu seeds limited. It is released in year 2008 especially for North and South zone of

India.

Page 37: Nuziveedu seeds ltd

Morphological Characters: Vigorous, medium tall, bushy and open growth with normal,

slightly lobed, dark green leaves.

Special features:

The NCS 145 Bunny Bt is high yielding, medium maturity duration variety of cotton.

Suitable for both irrigated and rainfed conditions and on soils having high moisture retention.

Kapas quality is superior with high ginning percentage. Fetches higher prices if Kapas are not

mixed with other varities.

Tolerant to Black arm disease and moderately tolerant to sucking pests like Jassid, Whiteflies

etc.

Quality cotton features:

Big Boll (5 to 6g), oval shaped.

Recommended spacing :

Soil Type Spacing

Black Heavy soils 90 x 60 cm

Light soils 90 x 45 cm.

Maturity duration: 145 – 155 days.

Yield Potential: 40 – 42q/ha.

Page 38: Nuziveedu seeds ltd
Page 39: Nuziveedu seeds ltd

This hybrid has the distinction of highest selling brand in India.

NCS 207 Bt (Mallika Bt): is released in year 2005 for central and south zone of India.

NCS 207 Bt II (Mallika Bt II): is a new version of Mallika Bt cotton hybrid, developed by

Nuziveedu seeds limited. It is released in year 2008 especially for Central and South zone of

India.

Page 40: Nuziveedu seeds ltd

Morphological Characters: Vigorous, Tall with open canopy and strong sturdy stem. Leaves

are normal, slightly lobed having 3 -5 lobes, with attractive green colour.

Special features:

The NCS 207 Mallika Bt is high yielding, late maturing, and uniform boll bursting variety of

cotton.

Suitable for deep black soils having high moisture retention. Under irrigated conditions, it can

be cultivated on all type of soil.

Kapas quality is superior with high ginning percentage. Fetches higher prices if Kapas are not

mixed with other varities.

Tolerant to Black arm disease and moderately tolerant to sucking pests like Jassid, Whiteflies

etc.

Quality cotton features:

Big Boll weighs 5.5-7.0gm, oval shaped.

Highly suitable for high density planting to obtain very high yields.

Recommended spacing :

Soil Type Spacing

Black Heavy soils 120 x 60 cm

Light soils 120 x 45 cm.

Maturity duration: 150 – 160 days.

Yield potential: 40 – 45q/ha.

Page 41: Nuziveedu seeds ltd
Page 42: Nuziveedu seeds ltd

This hybrid has the distinction of highest selling brand in India.

NCS 207 Bt (Mallika Bt): is released in year 2005 for central and south zone of India.

NCS 207 Bt II (Mallika Bt II): is a new version of Mallika Bt cotton hybrid, developed by

Nuziveedu seeds limited. It is released in year 2008 especially for Central and South zone of

India.

Morphological Characters: Vigorous, Tall with open canopy and strong sturdy stem. Leaves

are normal, slightly lobed having 3 -5 lobes, with attractive green colour.

Page 43: Nuziveedu seeds ltd

Special features:

The NCS 207 Mallika Bt is high yielding, late maturing, and uniform boll bursting variety of

cotton.

Suitable for deep black soils having high moisture retention. Under irrigated conditions, it can

be cultivated on all type of soil.

Kapas quality is superior with high ginning percentage. Fetches higher prices if Kapas are not

mixed with other varities.

Tolerant to Black arm disease and moderately tolerant to sucking pests like Jassid, Whiteflies

etc.

Quality cotton features:

Big Boll weighs 5.5-7.0gm, oval shaped.

Highly suitable for high density planting to obtain very high yields.

Recommended spacing :

Soil Type Spacing

Black Heavy soils 120 x 60 cm

Light soils 120 x 45 cm.

Maturity duration: 150 – 160 days.

Yield potential: 40 – 45q/ha.

Page 44: Nuziveedu seeds ltd
Page 45: Nuziveedu seeds ltd

2007, suitable for Central and South Zone.

Morphological characters: Vigorous, medium tall, bushy in habit, medium size leaves, and

stem is hairy with medium length internodes.

Page 46: Nuziveedu seeds ltd

Special features:

The NCS 929 Bt is high yielding, medium maturing, and uniform boll bursting variety of

cotton.

Tolerant to Black arm disease, Jassid and White flies coupled with bollworm resistance due to

the incorporation of Bt gene (Cry 1Ac, Mon. event 531).

The NCS 929 Bt matures early due to higher boll retention in early stages, as a result of

bollworm resistance.

NCS 929 Bt performs well with closer spacing and at higher plant densities.

Quality cotton features:

Boll size is Big with Round shape (4.75 – 5.0 g)

Maturity duration: 145 – 150 days in Central and South zone.

Yield Potential: 40 – 42q/ha.

Page 47: Nuziveedu seeds ltd
Page 48: Nuziveedu seeds ltd

This hybrid is also developed in year 2007 especially for central zone of the country.

Morphological Characters: Vigorous, Bushy, Medium tall, Hairy stem with medium

internodes, big green hairy leaves.

Page 49: Nuziveedu seeds ltd

Special features:

The NCS 955 Bt is a high yielding variety with special features like medium maturity duration and uniform boll bursting,

Moderately resistant to Black arm disease and tolerant to Jassid.

Early maturity due high boll retention in early stages

Specially Suitable for central zone of India.

Quality cotton features:

Boll shape and size: Round, Very big (5.5 – 6.0 g).

Maturity duration: 140 – 150 days.

Yield Potential: 40 – 45q/ha.

Page 50: Nuziveedu seeds ltd
Page 51: Nuziveedu seeds ltd

Price is the amount of money that the customer has to pay to obtain the product. It is the only

marketing tool that generates income for marketer.

Price includes :--

Price

Discount

Allowance

Payment period

Credit term

Page 52: Nuziveedu seeds ltd

Place includes company’s activity that makes the product available to target consumer. It’s all

about method and procedures through which product reach in the hands of consumer.

Place includes :-

Channels

Coverage

Assortment

Location

transport

Page 53: Nuziveedu seeds ltd

Promotion means activities that communicates the merit of the product and

persuade the target customer to buy it. Success of marketing depend upon how well the

marketer communicates the merits of the product to the customer and persuades them to

purchase the product out of so many competiting products available in the market.

That is why, so many competitors spend huge sum for promotion and try to

develop new tools for promotion with variety of ideas and effective marketing programme

combine all of the marketing mix elements into a co-ordinate programme designed to achive

the company’s marketing objective by delivering value to the customer.

Promotion & communication includes :-

Advertising

Personal selling

1) Sales promotion

2) Public relation

Page 54: Nuziveedu seeds ltd
Page 55: Nuziveedu seeds ltd

Step 1: Problem Definition

The first step in any marketing research project is to define the problem. In defining the

problem, the researcher should take into account the purpose of the study, the relevant

background information, what information is needed, and how it will be used in decision

making. Problem definition involves discussion with the decision makers, interviews with

industry experts, analysis of secondary data, and, perhaps, some qualitative research, such as

focus groups. Once the problem has been precisely defined, the research can be designed and

conducted properly.

Step 2: Development of an Approach to the Problem

Development of an approach to the problem includes formulating an objective or

theoretical framework, analytical models, research questions, hypotheses, and identifying

characteristics or factors that can influence the research design. This process is guided by

discussions with management and industry experts, case studies and simulations, analysis of

secondary data, qualitative research and pragmatic considerations.

Step 3: Research Design Formulation

A research design is a framework or blueprint for conducting the marketing research

project. It details the procedures necessary for obtaining the required information, and its

purpose is to design a study that will test the hypotheses of interest, determine possible

answers to the research questions, and provide the information needed for decision making.

Conducting exploratory research, precisely defining the variables, and designing appropriate

scales to measure them are also a part of the research design. The issue of how the data should

be obtained from the respondents (for example, by conducting a survey or an experiment)

must be addressed. It is also necessary to design a questionnaire and a sampling plan to select

respondents for the study.

Page 56: Nuziveedu seeds ltd

Step 4: Field Work or Data Collection

Data collection involves a field force or staff that operates either in the field, as in the

case of personal interviewing (in-home, mall intercept, or computer-assisted personal

interviewing), from an office by telephone (telephone or computer-assisted telephone

interviewing), or through mail (traditional mail and mail panel surveys with prerecruited

households). Proper selection, training, supervision, and evaluation of the field force helps

minimize data-collection errors.

Step 5: Data Preparation and Analysis

Data preparation includes the editing, coding, transcription, and verification of data.

Each questionnaire or observation form is inspected, or edited, and, if necessary, corrected.

Number or letter codes are assigned to represent each response to each question in the

questionnaire. The data from the questionnaires are transcribed or key-punched on to

magnetic tape, or disks or input directly into the computer. Verification ensures that the data

from the original questionnaires have been accurately transcribed, while data analysis, guided

by the plan of data analysis, gives meaning to the data that have been collected. Univariate

techniques are used for analyzing data when there is a single measurement of each element or

unit in the sample, or, if there are several measurements of each element, each RCH variable

is analyzed in isolation. On the other hand, multivariate techniques are used for analyzing data

when there are two or more measurements on each element and the variables are analyzed

simultaneously.

Step 6: Report Preparation and Presentation

The entire project should be documented in a written report which addresses the specific

research questions identified, describes the approach, the research design, data collection, and

data analysis procedures adopted, and presents the results and the major findings. The

findings should be presented in a comprehensible format so that they can be readily used in

the decision making process. In addition, an oral presentation should be made to management

using tables, figures, and graphs to enhance clarity and impact.

Page 57: Nuziveedu seeds ltd
Page 58: Nuziveedu seeds ltd

“A Research Design is the heart and soul of Marketing Research Project. It outlines

how the marketing research project will be conducted and guides data collection, analysis, and

report preparation.”

A Research Design is a master plan or model for the conduct of formal investigation. A

research design is the specification of methods and procedures for acquiring the information

needed for solving the problem. The formal investigation plan will concentrate on the

selection of sources of information and the selection of methods and procedures for gathering

data. Data gathering forms are prepared. Questionnaire and other forms are tested. Samples

for investigation are planned.

Research Design

Exploratory Research Design Conclusive Research Design

Descriptive Research

Cross-Sectio

nal Desig

n

Single Cross- Sectional Design

Multiple

Cross-Sectional Design

Longitudnal Resea

rch

Causal Research

Page 59: Nuziveedu seeds ltd

The very first step in marketing research process is to define carefully the objectives

of the study. It is important for the researcher to agree at the outset on the purpose and

objectives of the study to ensure that the research design is appropriate. A carefully thought

out statement of objectives helps to define the types and the level of information.

1.) The main objective of research is to find out answer or solution for management problem

or question through application of scientific method.

2.) To identify Problem and to solve that problem through research and opportunity for

business.

3.) Research provides information to top level Management in an organization to make

Decision and it becomes helpful to them for making choice of an appropriate strategy.

4.) For determining frequency with which something occurs and why it occurs.

5.) To get accurate information that reflects true state of affairs. That’s why research has been

done.

6.) Research provide information for making decision about product designing, producing

product or not and to market a product or services.

7.) To determine the causal relationship between two different variables.

Page 60: Nuziveedu seeds ltd

The study is based on the primary data and the necessary data required for the study was

collected through the structured questionnaires.

1. Sampling Method: Convenience Sampling

2. Sample Size: 100

3. Contact Method: Face To Face

4. Contact Tool: Questionnaire

5. Area: Bhavnagar

6. No. Of Observers: One

Page 61: Nuziveedu seeds ltd

Hypothesis testing begins with an assumption, called a hypothesis that we make about a

population parameter. Then we collect sample data, produce statistics, and use this

information to decide how likely it is that our hypothesized population parameter is correct.

Let us assume a certain value for a population mean. To test the validity of our assumption,

we gather the sample data and determine the difference between the hypothesized value and

actual value of the sample mean. Then we judge whether the difference is significant. The

smaller the difference, the greater the likelihood that our hypothesized value for the mean is

correct. The larger the difference, the smaller the likelihood.

Five-Step Process:

1) Decide whether this is a two-tailed or a one-tailed test. State your hypothesis. Select a

level of significance appropriate for this decision.

2) Decide which distribution (t or z) is appropriate and find the critical value for the

chosen level of significance from the appropriate table.

3) Calculate the standard error of the sample statistic. Use the standard error to convert

the observed value of the sample statistics to a standardized value.

4) Sketch the distribution and mark the position of the standardized sample value and

critical value for the test.

5) Compare the value of the standardized sample statistics with the critical value for this

test and interpret the result.

Page 62: Nuziveedu seeds ltd

Non Probability Sampling Probability Sampling

Judgmental Convenience Quota Sample Snowball

SystematicSampling

Stratified Random Sampling

Cluster Sampling

Sample and Sampling: -Sample means the unit or segment of the population selected for

investigation or search. Sampling is the Procedure by which using a small number parts of the

whole population we reach up to conclusion regarding the whole population. There are mainly

two types of sampling techniques are given below.

Techniques of Sampling

In this study, to get Information from respondents, I had considered non probability

sampling technique and select sample from total population through convenience

sampling method. In non probability sampling technique the chances of selection of all

elements of population are not equal and convenience sampling method means sample

drawn at the convenience of the interviewer people tend to makes the selection at

familiar location and choose respondents who are like themselves.

Simple Random Sampling

Page 63: Nuziveedu seeds ltd

Ho: The production level in irrigated land is higher than non-irrigated land

H1: The productionlevel in irrigated level and non-irrigated is same level.

N1 and N2 90 and 10

Mean 14.26 and 11.2

Standard Error 2.146

Significance level 0.95

Zcal=¿ x1− x 2/¿S . E

¿

Z calculated = 1.425

Z tabulated = 1.96

Here Ho accepted so that null hypothesis is accepted. It means that production level of

irrigated level is higher than the non-irrigated land

Page 64: Nuziveedu seeds ltd

Ho: Production level of Nuzevedu seeds is higher than other company’s

seeds

H1: Production level of all seeds variety are same level

Here there are 4 varieties of seeds taken as option

1. Nuzevedu

2. Rasi

3. Ajit

4. other

Formula of chi-square ∑( fo−fe ) 2

fe

Here chi square Tabulated is 0.258

And chi square calculated is 0.352

Here H0may be accepted at0.95significance level. From samples we can say that the

production level of nuzevedu seeds is higher than the other seeds

Page 65: Nuziveedu seeds ltd
Page 66: Nuziveedu seeds ltd

1) Do you know what is seed?

Yes 100

no 0

Yes no0

10

20

30

40

50

60

70

80

90

100

Series1

Interpretation:-

In this survey we found that the most of the farmers are know the

seeds almost 100% of total population know the seeds.

Page 67: Nuziveedu seeds ltd

2) Do you grow seeds?

Yes 100

no 0

Yes no0

10

20

30

40

50

60

70

80

90

100

Series1

Interpretation:-

In this survey we found that the most of the farmers are grow the

seed almost 100% of total population grow the seeds

Page 68: Nuziveedu seeds ltd

A] If yes what type of seeds you grow?

Cotton 100

Bajra 20

Soyabin 32

Other 18

Cotton Bajra Soyabin Other0

10

20

30

40

50

60

70

80

90

100

Series1

Interpretation:-

In this survey we found that the most of the farmers are grow the

cotton seed almost 100% of total population grow the cotton seeds, then 20%

farmers are grow bajra, then 32% farmers are grow soyabin, and 18% farmers

are grow other seeds.

Page 69: Nuziveedu seeds ltd

3) How many percentage land you have irrigated or non irrigated?

Irrigated 96nonirrigated 4

Irrigated nonirrigated0

10

20

30

40

50

60

70

80

90

100

Series1

Interpretation:-

In this survey we found that the most of the farmers have irrigated

land. 96% farmers have irrigatrd land and 4% farmers have nonirrigated land.

Page 70: Nuziveedu seeds ltd

4) Do you have farmhouse or not?

Yes 0

no 100

Yes no0

10

20

30

40

50

60

70

80

90

100

Series1

Interpretation:-

In this survey we found that the most of the farmers have not

farmhouse.

Page 71: Nuziveedu seeds ltd

5) Do you grow Bt-cotton?

Yes 100

no 0

Yes no0

20

40

60

80

100

120

Series1

Interpretation:-

In this survey we found that the most of the farmers are grow Bt-

cotton.

Page 72: Nuziveedu seeds ltd

A] If yes which companies seed you grow?

Nuziveedu 86

Rasi 24

Ajit 54

Other 38

Nuziveedu Rasi Ajit Other0

10

20

30

40

50

60

70

80

90

Series1

Interpretation:-

In this survey we found that the most of the farmers are grow

nuziveedu’s Bt-cotton. 86% farmers are grow the Nuziveedu Bt-cotton,then

14% farmers are grow the Rasi Bt-cotton,then54% farmers are grow the Ajit Bt-

cotton, then 38% farmers are grow the other companies Bt-cotton.

Page 73: Nuziveedu seeds ltd

6) Do you grow nuziveedu’s Bt-cotton?

Yes 86

no 14

Yes no0

10

20

30

40

50

60

70

80

90

Series1

Interpretation:-

In this survey we found that the most of the farmers are grow

nuziveedu’s Bt-cotton. 86% farmers are grow the Nuziveedu Bt-cotton.

Page 74: Nuziveedu seeds ltd

A] If yes which type of variety you grow?

Mallika 62

Dhavan 44

Bunny 16

Other 10

Mallika Dhavan Bunny Other0

10

20

30

40

50

60

70

Series1

Interpretation:-

In this survey we found that the most of the farmers are grow

Mallika Bt-cotton. 62% farmers are grow the Mallika Bt-cotton,then 44%

farmers are grow the Dhavan Bt-cotton, then16% farmers are grow the Bunny

Bt-cotton, then 10% farmers are grow the other variety Bt-cotton.

Page 75: Nuziveedu seeds ltd

7) What type of benefit you like in Nuziveedu seed?

Production 82

Sucking Pest 18

Height 58

Look 18

Other 4

Production Sucking Pest

Height Look Other0

10

20

30

40

50

60

70

80

90

Series1

Interpretation:-

In this survey we found that the most of the farmers are like

production of the cotton.82% farmers are like production of the cotton. Sucking

Pest not ther so, 18% farmers are select the second option.58% farmers like

Hight of the cotton,18% farmers are like look of the cotton, then 4% farmers are

like other benefits in the nuziveedu Bt-cotton.

Page 76: Nuziveedu seeds ltd

8) You like nuziveedu’s Bt-cotton?

Yes 86

no 14

Yes no0

10

20

30

40

50

60

70

80

90

100

Series1

Interpretation:-

In this survey we found that the most of the farmers are like

Nuziveedu’s Bt-cotton.86% farmers are like Nuziveedu Bt-cotton.

Page 77: Nuziveedu seeds ltd

A] If yes how much Quintal you get production?

12-14 6

14-16 26

16-18 36

18-20 16

More than 20 2

14-Dec 14-16 16-18 18-20 More than 20

0

5

10

15

20

25

30

35

40

Series1

Interpretation:-

In this survey we found that the most of the farmers are get the very

big production 6% farmers are get 12-14 quintal production. 26% farmers are

get 14-16 quintal production. 36% farmers are get 16-18 quintal production.

16% farmers are get 18-20 quintal production. 2% farmers are get More than 20

quintal production.

Page 78: Nuziveedu seeds ltd

9) You satisfied with nuziveedu’seeds?

Yes 86

no 14

Yes no0

10

20

30

40

50

60

70

80

90

Series1

Interpretation:-

In this survey we found that the most of the farmers are satisfied

with nuziveedu seeds. 86% farmers are satisfied with nuziveedu seeds.

Page 79: Nuziveedu seeds ltd
Page 80: Nuziveedu seeds ltd

There were few respondents who were showing unwillingness towards

filling up the questionnaire, which was a hurdle to us for receiving

accurate data.

The questions related to the expectations and suggestions asked in the

questionnaire were not answered by most of the respondents.

Page 81: Nuziveedu seeds ltd
Page 82: Nuziveedu seeds ltd

At last I conclude that the most of the farmers are grow the nuziveedu’s cotton seeds

in Bhavnagar area. The nuziveedu seeds give the best quality of the cotton seeds to the

farmers.

Nuziveedu Seeds Pvt.Ltd, today, is a leader in R & D, production and marketing of not

only cotton hybrid seed but also the hybrid seeds of other field crops like Corn, Rice,

Sunflower, Sorghum, Pearlmillet, and vegetable crops. NSL has also initiated work on

developing high yielding varieties and hybrids in Wheat and mustard.

With the successful performance of Bunny BT and Mallika BT, cotton hybrid

varieties, NSL has 35 – 40 % of Indian hybrid cotton seeed market share. NSL hybrids

contribute in producing 50% of the best quality of cotton in India. As a result, company

received National Award (2002) for best R & D efforts in Industry by department of Scientific

and Industrial Research, Ministry of Science and Technology, Govt of India.

Page 83: Nuziveedu seeds ltd
Page 84: Nuziveedu seeds ltd

Reference Books:

1. Naresh K. Malhotra, “Marketing Research”

2. Philip Kotler, “Marketing Management”

Websites:

1. www.google.com

2. www.nuziveeduseeds.com

News Papers:

1. Business Standard

2. Economic Times

Magazines:

1. Krushi ajtak

2. Krushi vidya

Page 85: Nuziveedu seeds ltd
Page 86: Nuziveedu seeds ltd

Questionnaire

I am students of V.M.Patel institute of management, Ganpat University, studying in MBA.We are doing survey for measuring FARMER’S PRAFERENCE OF BT-COTTON IN BHAVNAGAR AREA. For this survey we have framed this questionnaire which will help us for our survey. We assure that information given by you will be kept confidential and will be used for our academic purpose only.

(1) Basic information

NAME :- _____________________________________________________________________.

ADDRESS :- ____________________________________________________________.

CONTACT NO :- ____________________________________.

EDUCATION :- ____________________________________.

LAND :- ___________________________________________.

(2) Detailed information

(1) Do you know what is seed?o Yes

o No

(2) Do you grow seeds?o Yes

o No

[A] if yes what type of seeds you grow?

o Cotton

o Bajra

o Soyabin

o Other

[B] if other than specify ____________________________________.

Page 87: Nuziveedu seeds ltd

(3) How many percentage land you have irrigated or non irrigated?Irrigated__________________. Non irrigated_____________________.

(4) do you have farmhouse or not?o Yes

o No

(5) Do you Bt-cotton?o Yes

o No

[A] if yes which companies seed you grow?

o Nuziveedu

o Rasi

o Ajit

o Other

[B] If other than specify _______________________________.

(6) You grow nuziveedu’s Bt-cotton?

o Yes

o No

[A] if yes which type of variety you grow?

o Mallika

o Dhavan

o Bunny

o Other

[B] If other then specify __________________________________.

(7) What type of benefit you like in Nuziveedu seed?

o Production

o Sucking Pest

o Height

o Look

Page 88: Nuziveedu seeds ltd

o Other

(8) You like Nuziveedu’s Bt-cotton?

o Yes

o No

[A] If yes how much quintal you get production?

o 12-14

o 14-16

o 16-18

o 18-20

o More than 20

[B] if no please give the reason. _____________________________.

(9) You satisfied with nuziveedu’s seeds?

o Yes

o No

Suggestion :- ___________________________________________________

___________________________________________________

___________________________________________________.

THANK YOU