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A Project Report On
MARKET RESPONSE FOR RL PRODUCTS IN UTT ARAKHANDDISTRICT
For The Partial Fulfillment of Degree in
Master of Business Administration (M.B.A)
Submitted to: Submitted by:
Akshay Kohli Mrs.Ritu
MBA-3 RD SEM
R.no.
Amarpali Institute of Management Studies & Computer Application
Shiksha Nagar, Lamachur, Haldwani.
2013
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STUDENT DECLARATION
This project has been undertaken as a partial fulfillment of the requirements for the awarding
of the degree of Bachelor of Business Administration by Kumaun University, Nainital.
Further I declare that this project is my original work and the analysis and the findings are for academic purpose only.
This project has not been presented in any seminar or submitted elsewhere for the award of
any degree or diploma.
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ACKNOWLEDGEMENT
There is always a sense of gratitude which one express to other for the helpful so Needyservices they render during all phases of life. I would like to express my Gratitude towards allthose who have been helpful to me in getting this mighty. Task of training to a successful
end.
First of all, I consider it a pleasant duty to express my heartfelt appreciation, gratitude andindebtedness to Mrs Ritu tiwari mam for her keen interest, Invaluable pain taking & excellentguidance, patience, endurance, Encouragement & thoughtful advice throughout the projectwork duration.
I would also like to be thankful to Mr. sanjay mishta (ASM, RL Products, HALDWANI),who has given me the right Way to prepare my project report.
I am also thankful to all my friends who gave me constant & continuous Inspiration tocomplete this project.
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Contents :
Chapter I
Introduction
Objectives of study
Period of study
Methodology
Scope of the study
Limitations of the study
Chapter arrangements
Chapter II
Industry profile
Company/ organization profile
Chapter III
Data analysis & Interpretation
Chapter IVFindings
Suggestions & Recommendations
Conclusion
Bibliography:
Annexure
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EXECUTIVE SUMMARY
The project is a study of Market response for RL products in uttrakhand district. The study isundertaken to understand all the negative and positive perceptions about RL products.
RL was chosen because it produces packaged foods indifferent range - spices, vermicelli, papads , pickles, chips, snacks, soyaari, gulab jamun mix and namkeens. For the purpose of this study we prepared research tools like questionnaire, to find out t he relevant primarydata pertaining to know market response for RL products. The data was collected based onthe information provided by the shopkeepers. Besides the primary data collected with thehelp of the questionnaire, we also collected secondary data from internet blogs.
Based onthe relevant primary and secondary data, a comparative study has been also due tounderstand the Market response for RL products in uttrakhand district.This is conducted in
july-august 2013 in Uttrakhand district ,India; so the information is relative to uttrakhand stateonly.
The whole project is divided in four Parts:
1. First part consists of introduction, Objective of studies, Research Methodology, scope
of study.
2. Second part consists of industrial profile, Company profile.
3. Third part consists about Data analysis.
4. Fourth part consists of Recommendation and suggestion, Interpretation and findings.
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CHAPTER I
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INTRODUCTION
Summer training is a part of the MBA programme structure. A requirement to be a fulfilledfor award of the degree. The summer training was done in Kumar Audyogic vikas P.v.t L.t.d(R.L Masala). In Uttrakhand district (Dharchula,pithoragarth,Daniya,Almora,Ghat ) .Duringtraining I will meet their shopkeepers and distributers to talk about our products.
Marketing is typical seen as the task of creating, promoting, and delivering goods and services toconsumer and business .In fact, marketing ten types of entities, goods, service, experience,events, persons, places, properties, events, persons, places, properties, organizations,information and ideas.Marketing is a societal process by which individuals and groups obtain what they need and want
through creating, offering and freely exchanging products and services of value with others.
Marketing can also be described as the art of selling products, but marketing is not selling only, selling isonly tip of the marketing in charge. The marketing of today includes different subjects like,
product management, sales management and most important is the consumer business which
includes, the consumer retained, motivation for consumers, the buying patter of consumer their attitudes and perception towards the products. The marketing department is much concentratedon the consumers attitude and their Behaviour as the midpoint of marketing action. This projectdeals with the consumer perception .Perception can be described as .How we see the world around us.Two individuals may be subject to the same apparent conditions but how each person recognizesthem, organizes them and interprets them is a highly individual process based on each personown needs, values and expectation.
The market for processed foods is growing at a consistent rate due to a strong shift inconsumer taste and preferences. Company like MTR have introduced a variety of products at adisposal of a consumer, which as encouraged the use of ready to eat items because now adays consumer wants ready to eat items. The perception of the consumers towards such
products is fast Changing in acc ordance with the different life style and op inion. Retailinggiants like FOOD WOR LD have encouraged and pushed the processed food products towardsunimaginable sales. The concepts of this type of products have strong roots in retailing, asthey are responsible for pushing processed food. R.L has been in the market for the last 10years. The Company has focused on building its brand value through variety of consumersregarding R.L a product. The study was carried out to understand the Market response of R.L
products in uttrakhand district
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Chapter Arrangement:
Chapter 1
This chapter of the project includes the introduction, chapter arrangements, Objectives of study, Period of study, Methodology, Scope of the study, Limitations of the study.
Chapter 2
This part of the project report states the theoretical background and profile of the company.
Chapter 3
This part of project contains data analysis on the basis of questionnaire and findings.
Chapter 4
In this part of the project report I finally conclude the project with some recommendation.
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Objectives of study:
1. To Study the Market response of R.L Products in Uttrakhand district .
2. To Study the sales of R.L Products in hilly areas in small towns.
3. To find that the customers are liking the R.L Product taste or not.
4. To find that sales persons are timely visited or not to check demand and sales
5.The study of this research also analyses the findings and provide R.L product with theeffective recommendations or suggestions.
Period of study:
This project was executed during the summer break after second semester the researcher was associated with R.L products in Uttrakhand district from June-July (2 month)approx.
One month adjusted to collect primary data. One month adjusted to analysis the data and remaining project work.
Sample size:
I have interviewed about 120 people as an sample size during the period time of 2 monthuttrakhand district.
As, I have taken only 120 people as an sample size because;
It was a short period of time and working area are in hills.
Methodology Adopted:
Technique Used: Qualitative Techniques or measurement Techniques
(Collection of data, graph ,mean, median &mode)
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Data source:
Data collected from:
we are collected data from Uttrakhand district (Dharchula,Pithoragarth,Daniya,Ghat,Almora)
we are collected data from small and big shopkeepers.
Data type:
Primary data was collected with the help of
Questionnaires Company employees view
Secondary data was collected with the help of
Company broachers Internet
Area of Study:
The Area of study was basically in Dharchula, pithorargarh, Ghat, Daniya, Almora.
Sampling method:
Sampling method :
Sample unit: Sampling units consisted in Dharchula,Pithoragarth,daniya,ghat,Almora.
Research Instruments: Questionnaire is used to extract the information from the respondents.
Questions were: Multiple choice
Scope of study:
The study is clear, as we analyze the performance of the employees to enrich their higher joband to make the job more interesting and challenging. Evaluation of performance of anindividual employee, in the organization is essential for their development and also for thefinancial and moral upliftment of the employee. Through this study, performance of individual employees can be estimated in concern of promotion system of the organization, inall the three cadre of the organization viz. workman, supervisor, and executive and feedback is provided for the development of employee as well as organization.
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Limitations of the study:
1. Survey is done under limited time constraint so the completeness
Of the product may not be sure.
2. Market is more heterogeneous so the survey is not too flexible.
3. Consumer taste and preferences are hard to judge so it can change frequently.
4. People were hard pressed with time so most of them were reluctant to answer.
5. Money was another main problem during the research
6. Some of the respondent was not genuinely helpful, cooperative and responsive
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CHAPTER
II
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INDUSTRY PROFILE
FMCG industry
Alternatively called as CPG(consumer packed goods)industry primarily deals with the production, distribution and marketing of consumers packaged goods. the fast movingconsumer goods is those consumables which are normally consumed by the consumers at aregular interval .some of the prime activities of FMCG industry are selling ,marketing,financing, purchasing etc.the industry also engaged in operations ,supply chain ,productionand general management.
FMCG industry economy
The competition among FMCG manufacturers is also growing and as a result of this
,investment in FMCG industry is also increasing, specifically in India, where FMCG industryis regarded as the fourth largest sector with total market size of us(dollar)13.1 billion. FMCGsector in India is estimated to grow 60% by 2010 .FMCG industry is regarded as the largestsector in New Zealand which accounts for 5% of Gross Domestic product.
Common FMCG products
Some common FMCG products categories inclutide food and dairy products, glassware, paper products, pharmaceuticals consumer electronics, packaged food products ,plasticgoods, printing and stationery ,household products, photography, drinks etc and some of theexamples of FMCG products are coffee ,tea, dry cells ,greeting cards, gifts, detergents, toba
Cco and cigarettes, watches, soaps etc.
Market potentiality of FMCG industry
Some of the merits of FMCG industry ,which made this industry as a potential are lowoperational cost ,strong distribution networks, presence of renowned FMCG companies.
population growth is another factor which is responsible behind the success of this industry.
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TOP 10 FMCG INDUSTRY
HINDUSTAN UNILIVER LIMITED
ITC
NESTLE INDIA
GCMMF (AMUL)
DABUR INDIA
ASIAN PAINTS(INDIA)
CADBURY INDIA
BRITANIA INDUSTRIES
PROCTER AND GAMBLE HYGIENE AND HEALTH CARE.
MARICO INDUSTRIES
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COMPANY PROFILE
KUMAR AUDYOGIC VIKAS L.T.D P.V.T
Kumar Audyogic Vikas L.t.d P.v.tK 47/2 Visheshwar Ganj Varanasi
There are few things that permeate Indian life so completely as spices. The aroma, colour,
taste and texture of the astonishing varieties of spices in India nourish a rich variety of cuisines and cultures.Earlier, spices were chosen, measured, pounded and mixed, all in the kitchen. It took hours to
prepare these spice recipes passed down by generations. Today, millions of homes enjoy thesame authentic taste and aroma of traditional delicacies, with Everest's perfect blend of purespices. These blends even bring the regions closer by providing the authentic taste of other regional cuisines, in the convenience of a pack, at home.
Legal Status of Firm Private Limited Company
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R.L wide range of products includes Spices, Gulab jumun mixes, soya bari and variety of pickles & papads, and Namkeens.
OUR VISION:
To be an indispensable companion in every kitchen to help create authentic and delicious
Indian food.
OUR VALUES :
EXCELLENCE : s Constantly focus on building expertise, thereby enhancing R.L potentialfor quantum growth
PASSION: Create energy and excitement at work
Motivate by exampleConviction and courage to lead
INNOVATION : Constantly look for new and better ways to delight consumers
INCLUSIVENESS : Ensure individuals' dignity in all interactions by addressing the issueand not the person .Encourage ideas from people at all levels
OPENNESS : Give, receive and seek feedback without bias/prejudice (regardless of source)
Products :
Spices Pickles Sweets
Nature of Business Manufacturer, Exporter, Wholesaler, Trade
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Papad Namkeens Other products
Spices :
Mutton masala Garam masala Chicken masala Chola chana masala Sambhar masala Kitchen king masala Pav bhaji masala Kasoori masala
Kanda lasun masala etc .
Pickles:
Mango pickles Green chili pickles Red chili pickles Mix pickles
Sweets:
Gulab jumun mix Shevai vermicelli Rosted
Shevai vermicelli Cut
Papad :
Papad Ata Papad Masala Moog Special Papad Urad Papad Disco Papad Tikila Papad
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Namkeen :
Moong Dal Namkeen Bhujiya Namkeen Aloo Bhujiya Namkeen Chana Garam Namkeen
Nut Cracker Namkeen
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CHAPTER III
DATA ANALYSIS AND INTERPRETATION
Q1 Are you aware about RL products ?
Particulars No of Respondents
Yes 80
No 40
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Interpretation:-
The above figure state that 67% of respondents know about RL and 33% do not know so we
have to do a Awareness program.
Q2 What do you think RL should do a advertisement of its products?
Particulars No of Respondents
Yes 80
No 40
67%
33%
Respondents
Yes
No
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Interpretation:-
The above figure state that RL should do a advertisement as 67% of respondents are saying
this by this we can increase our sales.
3. Does your outlet cover entire range of RL products?
Particulars No of Respondents
Yes 90
No 30
67%
33%
Respondents
Yes
No
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Interpretation:-
In the above figure 75% of respondents cover entire range of RL products and those who are
not covering they are saying that we dont because we dont have proper storage facility.
4. What is your Frequency of order taken?
Particulars No of Respondents
Monthly once 20
75%
25%
Respondents
Yes
No
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Monthly twice 40
Monthly thrice 25
Monthly four times 35
Interpretation:-
The above figure state that RL is performing well as the frequency of order taken by dealer
is well it was 34% twice in a month and 29% four times in a particular month.
5.What is Your Frequency of delivery of stock?
Particulars No of Respondents
Monthly once 20
17%
34%
21%
29%
Respondents
Monthly onceMonthly twice
Monthly thrice
Monthly four times
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Monthly twice 40
Monthly thrice 35
Monthly four times 25
Interpretation:-
The above figure state that the delivery of stock is also well as it was 33% twice in a month
so we can say that company is doing well as distributers are delivering stock at a good pace to
retailers means demand is there in the market.
Q6. How often the company sales person visits your shop?
Particulars No of Respondents
Visit regularly (every month) 80
17%
33%29%
21%
Respondents
Monthly once
Monthly twice
Monthly thrice
Monthly four times
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Occasionally 30
No visit 10
Interpretation:-
If we talk about the visit of company sales person 67% of respondents are saying that they
are visiting regularly and only 8% of respondents are saying that there is no visit of sales
man.
Q7. Are you satisfied with the distributor regarding the trade terms?
Particulars No of Respondents
67%
25%
8%
Respondents
Visit regularly (every month)
Occasionally
No visit
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Partially Satisfied 60
Satisfied 35
Not Satisfied 25
Interpretation:-
In the above figure 50% of the respondents are partially satisfied with the distributer trade
term and 29% of respondents are satisfied with the trade terms.
Q8.What do you think about availability of stock of RL products?
Particulars No of Respondents
50%
29%
21%
Respondents
Partially SatisfiedSatisfied
Not Satisfied
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Available 80
Not Available 40
Interpretation:-
When it comes to availability of products 67% of respondents are saying that it was easily
available and only 33% of respondents are saying that it was not available.
Q9.What do you think about customer preference about RL products?
67%
33%
Respondents
Available
not available
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Particulars No of Respondents
Namkeens 70
Sweets 20
papad 10
Pickles 20
Interpretation:-
If we talk about customer preferences about RL products most of the customers are liking its
Namkeens which was 58% and after that they are liking sweets and Pickles which was 17%.
Q10.Which Product of RL is mostly liked by customers if we talk about Namkeens?
58%17%
8%
17%
Respondents
Namkeens
Sweets
papad
Pickles
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Particulars No of Respondents
Chana bhujiya 60
Nut Cracker 30
Aloo Bhujiya 20
Moong Dal Nmkeen 10
Interpretation:-
50% of the respondents are liking Chana bhujiya if we talk about Namkeens and after that
they are liking Nut Cracker.
50%
25%
17%
8%
Respondents
Chana bhujiya
Nut Cracker
Aloo Bhujiya
Moong Dal Nmkeen
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CHAPTER IV
Findings
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The main findings from the above Data Interpretation are as follows:-
Customers know RL without any advertisement.
Company is doing well in terms of sales.
Chana bhujiya is mostly liked by the respondents as most of the respondents are
preferring as it was 58%. Retailers are also satisfied with the trade terms of distributers.
Respondents are satisfied with delivery of stock as the stock is available every time to
distributers and retailers
Sales person are making a continuous visit to distributers which is always better for the
company.
Recommendation
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Company should focus on advertisement to bring awareness among customer.
Company should focus on other products of RL rather than Namkeens.
Company should provide store facility to distributors.
Company should clear the claim of the distributors.
Salesman should make a regular visit to stores.
Conclusion
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Name:..
Occupation:
Mobile No:..
Q1. Are you aware about RL products ?
A. YesB. No
Q2 What do you think RL should do a advertisement of its products?
A. YesB. No
Q3. Does your outlet cover entire range of RL products?
A. Yes
B. No
Q4. What is your Frequency of order taken?
A. Monthly once
B. Monthly Twice
C. Monthly Thrice
D. Monthly Four Times
Q5.What is your frequency of delivery of stock?
A. Monthly once
B. Monthly Twice
C. Monthly Thrice
D. Monthly Four Times
Q6. How often the company sales person visits your shop?
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A. Visit regularlyB. OccasionallyC. No visit
Q7. Are you satisfied with the distributor regarding the trade terms?
A. Partially satisfiedB. SatisfiedC. Not satisfied
Q8.What do you think about availability of stock of RL products?
A. AvailableB. Not Available
Q9.What do you think about customer preference about RLs products?
A. NamkeensB. SweetsC. PapadD. Pickles
Q10. Which Product of RL is mostly liked by customers if we talk about Namkeens?
A. Chana BhujiyaB. Nut Cracker C. Aloo Bhujiya
D. MoonDal Namkeen
sBIBLIOGRAPHY
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Web link
1. www.RL Pvt Ltd.com
2. https://en.wikipedia.org/wiki/Customer_perception
3. www.google.com
4. http://www.ijbmt.com/issue/881.pdf
http://www.rl/http://www.rl/