Vous êtes sur la page 1sur 93

A

Project Report
On
“A STUDY ON RETAILERS SATISFACTION
TOWARDS
WIPRO’S GLUCOVITA
IN
BELLARY DISTRICT”
Submitted to Gulbarga University,Gulbarga
In partial fulfillment of the requirement for the award of
Master of Business Administration
Submitted by
SUNILKUMAR S. KULKARNI
Reg, No.001G-709
Under the Guidance of

Internal External
Prof.Manmath Nath Samataray Mr. ROBERT .Y
Faculty for MBA Sales officer

DODDAPPA APPA INSTITUTE FOR


MASTER OF BUSINESS ADMINISTRATION
GULBARGA
2003

Doddappa Appa Institute for MBA


ACKNOWLEDGEMENT

The completion of this study makes me to recall with gratitude several persons

who have extended their co-operation in one way or the other in this venture.

I am indebt to wipro Limited for allowing me to undertake my project work in

their esteemed organization. First and foremost I acknowledge my deep sense

of gratitude to Mr. Robert Y of WIPRO LIMITED for his guidance.

I express my sincere thanks to Mr. Director Prof. B.B. Patil, I also wish to

express my deepest gratitude to my guide Prof. Manmath Nath Samantaray for

giving his valuable guidance and timely support to complete this project

successfully.

I also wish to thank all my friends who helped me in many ways to complete this

study successfully. Last I thank my parents without whose motivation and

support this would have not been completed.

SUNILKUMAR S. KULKARNI

Doddappa Appa Institute for MBA


DECLARATION

I have by declare that the project report entitled “ A STUDY ON RETAILERS

SATISFACTION TOWARDS WIPRO’S GLUCOVITA IN BELLARY DISTRICT”

has been prepared during my during my academic year 2002-2003 under the

guidance of Mr. Prof. Manmath Nath Samantaray, M.B.A. Doddappa Appa

institute of Master of Business Administration, Gulbarga. This project report has

been submitted to Gulbarga University, Gulbarga through Doddappa Appa

Institute of Master of Business Administration, Gulbarga in partial fulfillment for

the award of degree of master of Business Administration.

The empirical findings in this report as based on the data collected by teams.

While preparing this report I have not copied from any other report. I also

declare that this report has not been submitted to any other University for award

of any degree or diploma.

Date:

Place:

SUNILKUMAR S. KULKARNI

Doddappa Appa Institute for MBA


CERTIFICATE

This is to certify that the project entitled” A STUDY ON RETAILERS

SATISFACTION TOWARDS WIPRO’S GLUCOVITA IN BELLARY DISTRICT”

has usefully completed him project work in the partial fulfillment for the award of

“Master of Business Administration” from Gulbarga University,Gulbarga.

Further it is certified that this project or thereof has not been previously

submitted to any other university for the requirement of Master of Business

Administration.

Date :

Place : Gulbarga

Director

(PROF. B.B PATIL)

Doddappa Appa Institute for MBA


CERTIFICATE

This in to certify that the project entitled “A STUDY ON RETAILERS

SATISFACTION TOWARDS WIPRO’S GLUCOVITA IN BELLARY DISTRICT”

prepared by Mr. SUNIL KUMAR S. KULKARNI has been conducted under my

direct supervision and guidance I am satisfied regarding the authenticity of his

observations and inferences.

This study is in partial fulfillment for the award of “Master of Business

Administration” from Gulbarga University, Gulbarga.

Further it is certified that this project or thereof has not been previously

submitted to any other university for the requirement of Master of Business

Administration.

Date :

Place: Gulbarga

Prof.Manmath Nath Samantaray

Doddappa Appa Institute for MBA


CONTENTS

CHAPTER 1

1.1 Introduction of the study

1.2 Objectives of the study

1.3 Scope of the study

1.4 Methodology of study

1.5 Limitation of the study

CHAPTER 2

Theoretical Background

CHAPTER 3

3.1 Company Profile

3.2 Product Profile

CHAPTER 4

Analysis & Interpretation of data

CHAPTER 5

5.1 Findings

5.2 Conclusion

5.3 Suggestion

Annexure

Bibliography

Doddappa Appa Institute for MBA


Retailers are the direct consumers. To stay ahead with

consumers, the marketers need to stay ahead with retail customers.

The retailers have the potential to know their consumers better than

consumer manufacturers ever could. They are truly the buying agents

for the consumer’s world. The overall efficiency and consumer focus

of power retailers put considerable pressure on the manufacturers to

sharpen their demand creation skills, especially regarding consumer

insights, technical innovation, and advertising. The irony of all this is

that the rise of the power retailers has helped put the customers focus

more than ever on the consumer. The way to win with power retailers

is to win with consumers.

Retailers are powerful partners in delivering brand values

to customers. They are also fierce competitors in capturing the profits

that come from doing so. Marketers need more than power brands to

get their “ faire share” of the profits. They need smart promotion plans

and smart negotiation skills and should be clear about what they want.

Fortunately, although retail practice have changed quite drastically in

recent decades, marketers fundamental object: distribution, pricing,

shelf placement and merchandising.

Doddappa Appa Institute for MBA


Retailers play huge roles in marketing of customer products

today. Work closely with the sale force to create program that address

retailers wearing needs . at the same time, never let an emphasis on

the customer get in the way of your ( the marketers) primary force: the

consumer

Doddappa Appa Institute for MBA


1.2 OBJECTIVES OF THE STUDY

1 To carryout the detailed study on retailers preference to

Glucovita.

2. To study retailers preparation towards dealing Glucovita.

3. To survey retailers opinion on price, quality, margin, visibility of

Glucovita.

4. To understand the factors that motivate dealers in dealing

Glucovita.

Doddappa Appa Institute for MBA


1.3 SCOPE OF THE STUDY:

1 The research has been conducted to enable management to

know the opinion about the new product and how they deal with

Wipro’s newly launched product.

2 The information collected will help to take correct and in time

decision.Now a day, we see that technology is very much

advanced, leading to increase in challenges to human skills and

efficiency. This has given rise to the introduction of newer and

products every day in the market.

3 There is a free market in the fast moving consumer group

industries, permitting free entry and free exit to any firm. So,

whenever a new product is launched in such markets, it may not

have any competitor at initial stage and consequently may make

huge profits.some disguised questions it includes a mixture of

closed end questions and open ended questions to facilitate

easy answering.

Doddappa Appa Institute for MBA


1.3 METHODOLOGY OF THE STUDY

The study was conducted for Wipro Ltd in and around of Bellary

district.

The method of study was emphasized on secondary and primary

data.

PRIMARY DATA:

The primary data was collected through questionnaires,

personal interview and observing the respondents of that particular

area.

The sample size was selected randomly. There were

200 sample taken from in and around Bellary district. out of 200

respondents . 50 were from Bellary, 50 were from Hospet, 50 were

from Gangavati, 50 were from H. B. Halli. These were taken in this

study

SECONDARY DATA:

The secondary data was collected from annual report of the

organization, magazines, news paper and etc. these sources were

immense help for the study.

Doddappa Appa Institute for MBA


1.5 LIMITATIONS OF THE STUDY:

The study carried out involved the following limitations

• Time was a major limitation for not taking a detailed study

• Cost: Cost was also another limitation factor.

• Area: The study is not representative of Karnataka State

• Information: There was no proper source for getting the

information related to research and developments.

Doddappa Appa Institute for MBA


THEORETICAL BACKGROUND

RETAILING

Retailing includes all the activities in selling goods or services

directly to final consumer for their personal or non-business use. A

retailer or retail store is any business enterprise wholesale volume

comes primarily from retailing.

Any organization that does this type of selling whether a

manufacturer, whole seller is doing retailing. It does not matter how

person, mail, telephone or vending machine) sells the goods or

service or where they are sold (in a store on the street or in the

consumer’s home)

Types of retailers

Retail organization exhibits great verity and new forms keep

emerging. Several classifications have been proposed. For our

purpose we will discuss store retailing, non-store retailing and retail

organization.

Doddappa Appa Institute for MBA


Store retailing: Consumer today can shop for goods and

services in a wide verity of stores. The most important retail store

type many of which are found in most countries fall into eight

categories stores discount store off-price retailers super-store and

catalog showrooms. Perhaps the known type of retailer is the

department store. Japanese department stores such a

Takashimaya and Mitsukoshi attract millions of shoppers each year.

These stores features art galleries cooking classes and children

play grounds. The EL courts ingle department store chain in Spain

drawn crowds of Spanish shoppers.

Like products, retail store type pass through stages of growth

and decline that can be described as the retail life cycle. A retail

store type emerges, enjoys a period of accelerated growth reaches

maturity and then declines. Older retail form took many years to

reach maturity, but newer retail forms reach their maturity much

earlier. The department store took 80 years to reach maturity, while

wars house retail outlets more modern form of retailing, reached

their maturity in 10 years.

Doddappa Appa Institute for MBA


Product categories can position themselves as offering one of

four levels of service.

• Self service retailing: Used in many retailing operations

especially for obtaining convenience goods and to some extent

shopping goods. Self-service is the cornerstone of all discount

operations. Many customers are willing to carry out their own

locate compare select process to save money.

• Self-selection retailing: Involves customers in finding their own

goods, although they can ask for assistance customers complete

their transaction by paying sales. Person for the item self

selection organizations have higher operating expenses than self-

service operations because of the additional staff requirements.

• Limited service retailing: provides more sales assistance

because these retailers carry more shopping goods and

customers need more information. Because the stores also offer

Doddappa Appa Institute for MBA


service (such as credit and merchandise return privilege) not

normally found in less service-oriented stores they have higher

operating cost.

• Full service retailing: Provides sales people who are ready to

assist in every phase of the locate compare select process.

Customers who like to be waited on prefer this type of store. The

high staffing cost along with the higher proportion of the specialty

goods and slower moving items (fashions, jewelry, cameras) the

more liberal merchandise return policies, various credit plan free

delivery, home servicing of durable and customer facilities such a

lounges and restaurants results in high cost retailing.

By combining these different service levels with different

assortment breadth, we can distinguish the four broad positioning

strategies available to retailers.

Doddappa Appa Institute for MBA


1) Blooming dale’s typifies stores that features a board product

assortment and high value added. Stores in this quadrant pay close

attention to store design product quality, service and image. This profit

margin is high and if they are fortunate enough to have high volume, they

will be very profitable.

2) Tiffany typifies stores that features a narrow line and low value added.

Such stores appeal to price conscious consumers. They keep their cost

and price low by designing similar stores and centralizing buying

merchandising advertising and distribution.

3) War mart typifies stores that feature a broad line and low value

added.they focus on keeping prices low so that they have an image of

being a place for good buys. They make up for their low margin by

achieving a high volume.

Doddappa Appa Institute for MBA


Non-store retailing:

A though the overwhelming majority of goods and services is sold

through stores nonstore retailing has been growing much faster than store

retailing, amounting to more than 12% of all consumer purchase. Some

observers predict that, as much half of all general merchandise will be

sold through non-store retailing by the end of the century. Non store

retailing falls in to four major categories, direct selling, direct marketing,

automatic vending and buying service. Some observers foresee as much

as third of all general merchandise retailing being done through non store

channels, such as mail order shopping, T V shopping, home computer

shopping via the internet by the end of the century.

Retail Organization:

Although many retail stores are independently owned, an increasing

number are falling under some form of corporate retailing. Retail

organizations achieve many economies of scale. Such as greater

purchasing power wider brands recognition and better-trained employees.

The major types of corporate retailing corporate chain stores. Voluntary

Doddappa Appa Institute for MBA


chain, retailer co-operatives consumer co-operatives franchise

organization and merchandising conglomerates are described.

Retailer marketing decisions:

Retailers today are anxious to find new marketing strategies to

attract and hold customers. In the past, they held customers by offering a

convenient location, special or unique assortments of goods, greater or

better services than competitors, and store credit cards to enable their

buyers to buy on credit. All of this has changed today many stores offer

similar assortment. National brands such as Calvin Klein lzod and lever

now found in most department stores mass merchandise out lets and off

price discount stores. In their drive for volume the national brand

manufacturers placed their branded goods every where. The result has

been that retail stores and other retailers have grown to look more and

more alike.

Service differentiation also has eroded many department stores

have trimmed their service and many discount’s have increased their

services. Customers have become smarter, more price sensitive

shoppers. They do not a reason to pay more for identical brands

Doddappa Appa Institute for MBA


especially when service differences are diminishing nor do they need to

get credit cards have become almost universally accepted by all stores.

For all these reasons, many retailers today are rethinking their

marketing strategy. For example in the face of increased competition from

discount houses and specialty stores department stores are waging come

backward. Historically located in the center of cities many have opened

branches in sub urban shopping centers where parking is plenty and

family incomes are higher. Others are running more frequent sales,

remodeling their stores and experimenting with mail order and

telemarketing. Facing competition from super stores, super markets are

opening larger stores carrying a larger number and variety of items and

up grading their promotional budgets and moved heavily into private

brands to reduce their dependence on national brands and increase their

profit margins.

We will now examine the marketing decision faced by retailers in

the areas of the target market product assortment and procurement

service and store atmosphere price, promotion and place.

Doddappa Appa Institute for MBA


Target market decision:

A retailer’s most important decision concerns the target market

should the store focus on up scale or down scale shoppers? Do the

market is defined want variety assortment depth or convenience? Until

the target market is defined and profiled, the retailer cannot make

consistent decision on product assortment stores décor, advertising

messages and media price levels and so on.

Too many retailers have not clarified their target market they are

satisfying none of them well. Even seals which service so many different

people must define better which groups to make its major target

customers so that it can fine tune its product assortment prices locations

and promotions to these groups.

Some retailers have defined their target market quite well.here are

two prime examples whose founders are among the richest men in the

United States.

Doddappa Appa Institute for MBA


Product Assortment & Procurement Decision:

The retailer’s product assortment must match the target market’s

shopping expectations. In fact it becomes a key element in the

competitive battle among similar retailers. The retailers have to decide on

product assortment breadth (narrow or wide) and depth (shallow or deep).

thus in the restaurant business, restaurant can offer a narrow and shallow

assortment ( small lunch counters) a narrow and deep assortment

(delicatessen), a broad and shallow assortment (cafeteria) or a broad and

deep assortment (large restaurant ). Another product assortment

dimension is the quality of the goods. The customer is interested in

product quality as well as product range.

The retailer’s real challenge begins after the stores product

assortment and quality level has been defined. There will always be

competitors with similar assortment and quality. The challenge is to

develop product differentiation strategies for retailers.

Doddappa Appa Institute for MBA


Feature some exclusive national brands that are not available at

competing retailers. Thus shops might get exclusive right to carry the

dresses of well known international designer.

1) Feature mostly private branded merchandise: Benton and the gap

design most of the clothes carried in their respective stores. Many

supermarket and chain are carrying an increasing percentage of privates

branded merchandise.

2) Feature blockbuster distinctive merchandise event: Bloomingdale’s will

run month long shown featuring the goods of another country. Such as

India or china throughout its stores.

3) Feature surprise or ever chaining merchandise: Benetton changes

some portion of its merchandise every month so that customer will want

to drop in frequently. Loehmann’s offers surprise assortments of distress

merchandise (goods that the owner must sell immediately because it

needs cash) over stock and close outs.

Doddappa Appa Institute for MBA


4) Feature the latest or newest merchandise first: the sharper image will

lead other retailers in introducing the newest electronic appliance from

around the world.

5) Offer merchandise customizing services: Harrod’s of London will make

custom-tailored suits, shirts and ties for customers in addition to their

ready made men’s wear.

6) Offer a highly targeted assortment: Lane Bryant carries goods for the

larger women. Brookstone offers unusual tools and gadgets for the

persons who want to shop in an “adult toy store”.

Once the retailer decides on the product assortment strategy, the

retailer must decide on procurement sources policies and practices. In

small businesses the owner usual handles merchandise selection and

buying. In large firms buying is a specialized function and full time job.

Consider supermarket in the corporate headquarter of a super

market chain special buyers (sometimes called merchandise managers)

Doddappa Appa Institute for MBA


are responsible for developing brand assortment and listening to new

brand presentations by sales persons. In some chain these buyers have

the authority to accept or reject new item. In other chains, they are limited

to screening obvious rejects and obvious accepts they bring other items

to the chain store buying committee for approval.

Even when an item is accepted by a chain store buying committee,

individual stores in the chain may not carry it. According to one

supermarket chain executive “no matter what the sales representatives

sell or buyers buy, the person who has the greatest influence on the final

sale of the new item is the store manager”. In the nations chain

supermarkets two third of the new items accepted at the warehouse are

ordered on the store manager’s own decision and only one third

represents required stocking by headquarters.

Manufactures face major challenges trying to get their new item

onto store shelves. They offer the nation’s supermarket between 150 and

250 new item each week of which store buyers reject over 70 percent.

Store buyers also delete one item for every new item since store space is

Doddappa Appa Institute for MBA


at a premium. For this reason, manufactures are very interested in

knowing the acceptance criteria used by buyers, buying committee and

store managers A C Nicalson company asked store managers to rank on

three point scale. The important of different elements influenced their

decision to accept a new item. They found that buyers are most

influenced (in order of importance) by strong evidence of consumer

acceptance, a well designed advertising and sales promotion plan, and

generous financial incentives to the trade.

Retailers are rapidly improving their procurement skills. They master

the principles of demand forecasting, merchandise selection. Stock space

allocation and display. They are using computers to track inventory

compute economic order quantities prepare orders and generate print out

of the dollars spent on vendors and products. Supermarket chains are

using scanner data to manage their merchandise mix better on a store-

by-store basis. for example public and Florida has installed large floral

departments in its stores in high-income areas than in low-income areas.

Doddappa Appa Institute for MBA


Stores are also learning to measure Direct Product Profitability

(DPP). Which enables them to measure products handling costs from the

time it reaches their warehouse until a customer buys it and takes it out of

their retail store. DPP measures only the direct cost associated with

handling the product receiving. Moving to storage paperwork, selection,

checking, loading and space cost. Resellers who have adopted DPP learn

to their surprise that the gross margin on a product profit. For example

some high volume products may have such high handling cost that they

are less profitable and deserve less shelf space than some low volume

products.

Clearly manufactures and vendors are facing increasing

sophisticated retail buyers, vendors thus need to understand the retailers

changing requirements and to develop competitive attractive off that help

retailers serve their customers better.

Price decision:

The retailers prices are a key positioning factor and must be decide

in relation to the target market the product and service assortment mix,

Doddappa Appa Institute for MBA


and competition. All retailers would like to charge high mark ups and

achieve high volume but usually the two-do not go together. Most retailers

fall into the high mark up lower volume group (fine specialty stores) or the

low mark up higher volume group (mass merchandise and discount

stores). Within each of these groups there are further gradations. Thus

X’s on Redeo Drive in Beverly Hills prices suits starting at $1000 and

shoes at $400 fall in excess of the prices of fine department stores. At the

other extreme 47th street photo in New York City is a super discounted of

well-known branded merchandise pricing below even normal discounters

and catalog houses. Some brands such as the tag line of appliances.

Retailers must pay attention to pricing tactics most retailers will put

low price on some item to serve as traffic builders or loss leaders. They

will run storewide sales on occasion. They will plan markdowns on slower

moving merchandise. For example shoe retailers expect to sell 50% on

their shoes at the normal mark ups, 25% at a 40% mark up and the

remaining 25% at cost.

Doddappa Appa Institute for MBA


A growing number of retailers have abandoned sales pricing in favor

of every day low pricing. EDLP could lead to lower advertising costs,

greater pricing stability and higher retail profits. General motors Saturn

division, dealers refuse to bargain one of the wal mart’s major customer

appeals is its every day low prices. In 1989, sears introduced ELDP only

to abandon it a year later because its costs could not support the EDLP

initiative. Feature cities a study showing that supermarket chains

practicing every day low pricing are often more profitable than those

practicing sales pricing

Coughlan and Vilcassim believe that in a duopolistic retail market

with no retail differentiation a sales price retailer will eventually be forced

to become an EDLP retailer if it is facing an EDLP competitor. Both firms

would be unable to make above normal profit because of competitive

price pressure. Both firms will be tempted to run occasional sales in the

hope of gaining a temporary advantage.

Doddappa Appa Institute for MBA


Promotion Decision:

Retailers use a wide range of promotion tools to generate traffic and

purchases. They place ads run special sales, issue money saving

coupons and more recently have been adding frequently shoppers

program in store food sampling and coupons on shelves or at check out

points. Each retailer must use promotion tools that support and reinforce

its image positioning. Fine stores will place taste full-page ads in

magazines such as vogue and harpers. They will carefully train their sales

people in how to treat customers, interpret their needs and handle

complaints. Off price retailers will arrange their merchandise to promote

the idea of bargains and large saving while staining on service and on the

floor sales assistance.

Price decision:

Like real estate agents, retailers are accustomed to saying that the

three keys to success are location and location. For example customer

primarily choose the nearest bank and gas station. Department store

chains oil companies and fast food franchisers must exercise great care

Doddappa Appa Institute for MBA


in selection location. The problem breaks down into selection region of

the country in which to open outlets, then particular cities, and then

particular sites. A supermarket chain for example might decide to operate

in the Midwest and Southeast, within the Midwest, in the cities and

suburbs of Chicago, Milwaukee and Indianapolis and within the Chicago

region in14 location mostly suburban. Two of the savviest location expert

in recent years have been the off price retailer T.J. Maxx and toy store

giant toys R us. Both retailers put the majority of their new locations in

areas with rapidly growing numbers of young families. The undisputed

winner in the “place race” is Wal-Mart, whose strategy of being the first

mass merchandiser to locate in small and rural markets has been one of

the key factors in its phenomenal success.

Large retailers must wrestle with the problem of the whether to

locate several small stores in many locations or a few large stores in

fewer locations. Generally speaking the retailers should locate enough

stores in each city or region to gain promotion and distribution economies.

The larger the individual stores, the greater there trading area or reach.

Doddappa Appa Institute for MBA


Retailers have a choice of location their stores in the central

business district, a regional shopping center, a community shopping

center a shopping strip or within a larger store.

♦ Central business districts represent the oldest and most heavily

trafficked city area often known as “downtown”. Store and office rents,

such as Detroit’s have been hit by a flight to the suburbs. The result has

been a deterioration of down town retailing facilities with the remaining

retailers catering to a lower income group of shoppers.

♦ Regional shopping centers are large suburban malls containing 40 to

over 200 stores. they usually draw customers from a five-mile to twenty-

mile radius. Typically, the malls feature one or two nationally known

anchor stores, such as J.C Panneyor Lord and Taylor and a great number

of smaller stores many under franchise operation. Malls are attractive

because of generous parking one stop shopping restaurants, and

recreational facilities. Successful malls charge rents and may get a share

of the mall stores profits.

Doddappa Appa Institute for MBA


♦ Community shopping centers are smaller malls typically one anchor

store and between 20 and 40 smaller stores.

♦ Strip malls (also called shopping strip) contain a cluster of stores

usually housed in one long building, serving a neighborhood’s normal

needs for groceries, hardware, laundry and gasoline. They usually serve

people within a five month to ten-minute driving range.

♦ A location within a larger store describes a growing phenomenon in

which certain well known retailers- McDonald’s, Starbucks, Nathan’s,

Dunkin Donuts- are locating new smaller units as concession space within

larger stores or operations, such as airports, schools wal-marts and

caldors.

In view of the relationship between high traffic and high rents,

retailers must decide on the must advantageous location for their outlets.

They can use variety of methods to assess location, including traffic

counts several models for site location have also been formulated.

Doddappa Appa Institute for MBA


Retailers can assess a particular store’s effectiveness by looking

at four dictators.

1 1) Number of people passing by on an average day.

2) Percentage who enter the store.

2 3) Percentage of those entering whom buy.

3 4) Average amount spent per sale.

A store might be doing poorly for several reasons: it is in a poorly

trafficked location, not enough passers by drop in too many drop ins

browse but do not buy, or the buyers do not buy very much. Each

problem can be remedied.poor traffic is remedied by a better location;

drop ins are increased by better window displays and sales

announcements; and the number buying and the amount purchased

are largely a function of merchandise quality, price and personal selling

Doddappa Appa Institute for MBA


Trends in retailing:

At this point, we can summarize the main development that

retailers need to make to take into account as they plan their

competitive strategies.

New retail forms:

New retail forms constantly emerge to threaten established

retail form. A New York bank will deliver money to its important

customers offices or homes. Adelphi College offers, “ commuter train

classroom education “ in which business people commuting between

long island and Manhattan can earn credit towards an M B A degree.

American Bakeries started Hippopotamus Food Stores to allow

customers to buy institutional size packages at savings of 10 to 30%.

One “ new “ and very lucrative form of retailing is actually a revival of

the oldest form of retailing; push cart peddlers.

Doddappa Appa Institute for MBA


Shortening retail life cycle:

New retail forms are facing a shortening life span. They are

rapidly copied and quickly lose their novelty.

Non-store retailing:

The electronic age has significantly increased the growth of

non-store retailing. Consumers receive sales offer over their television,

computers and telephones to which they can immediately respond by

calling a free number or via computer.

Increasing intertype competition:

Competition today is increasingly intertype or between

different types of outlets. Thus we see competition between store and

non-store retailers. Discount stores catalog showrooms and

department stores all compete for same consumers.

The competition between chain superstores and smaller

independently owned stores has favorable particularly heated.

Doddappa Appa Institute for MBA


Because of their bulk buying power, chains get favorable terms than

the independents, and the chain outlets increased square footage

allows them to put in such amenities as cafes and bathrooms for their

customers. In many locations the arrival of a superstore has forced

nearby independents out of business. In the book selling business, for

example, Barnes and Noble superstores and Borders books and music

have sometimes located within blocks of independent bookstores,

resulting in struggles or eventually in closings of those smaller stores.

Yet the news is not all bad for smaller companies. Many small

independent retailers are thriving. Independents are finding that sheer

size and marketing muscle are often no match for the personal touch

small stores can provide or the specialty niches that small stores can

fill for a devoted customer base.

Polarity of retailing:

Increasing intertype competition has produced retailers

positioning themselves on extreme ends of the number of product lines

carried. High profitability and growth have been achieved both by mass

merchandiser like Kmart and specialty stores like Radio shack.

Doddappa Appa Institute for MBA


Giant retailers:

Superpower retailers are emerging through their superior

information systems and buying power, these giant retailers able to

offer strong price savings to consumers.

Growth of vertical marketing systems:

Marketing channels are increasingly becoming professional

managed and programmed. As large corporations extend their control

over marketing channels, independent small stores are being

squeezed out.

Portfolio approach:

Retail organization are increasingly designing and launching

new store formats targeted to different lifestyle groups. They are not

sticking to one format, such as department stores, but are moving into

a mix of business that appears promising.

Growth importance of retail technology:

Doddappa Appa Institute for MBA


Retail technologies are becoming critically important as

competitive tools. Progressive retailers are using computers to produce

better forecast, control inventory cost, order electronically from

suppliers, send electronic mail between stores, and even sell to

customers within stores. They are adopting checkout scanning system,

electronic funds transfer, and electronic data interchange in store

television and improved merchandise handing systems.

One innovative scanning system now in use is the shopper

scanner, radar like system that counts store traffic. When a New

Jersey saks fifth avenue used the hours of 11 A M and 3 P M to better

handle the shopper flow, the store varied lunch hours for its counter

clerk. Pier one imports uses the same system to test among other

things, the impact of newspaper ads on store traffic. By combining

traffic and sales data, retailer’s say they can find out how well the

convert’s browsers into buyers.

PRODUCT LAUNCH:

Once a company has carefully segmented the market,

chosen it’s target customer groups, identified their needs, and

determined it’s desired market positioning, it is ready to develop and

Doddappa Appa Institute for MBA


launch appropriate new products. Marketing management plays a key

role in the new product development process. Rather than leave it to

the R & D department to develop new product on it’s own, marketing

department actively participates with other departments in every stage

of the product development.

Every company must carry on new product development.

Replacement products must be created to maintain or build sales.

Furthermore, customers want new products, and competitors will do

their best to supply them. Each year over 16000 new products are

introduced.

The new product development route can take two forms.

The company can develop new products in its own laboratories or it

can contract with independent researchers or new product

development firms to develop specific products for the company.

Only 10% of all new products are truly innovative and new

to the world. These products involve greater cost and risk because

Doddappa Appa Institute for MBA


they are new to both the company and the market place. Thus most

companies new product activity is devoted to improving existing

products, because, new

Product development is the life source of the company’s future.

Given today the prevailing intense competition, companies that fail to

develop new products are putting themselves at a great risk.

WHY DO NEW PRODUCTS FAIL:

Several products may be responsible: those are

1. A high level executive might push a favorite idea through, in

spite of negative market research findings.

2. The idea is good but the market size is overestimated.

3. The actual product is not well designed.

4. The new product is incorrectly positioned in the market, not

advertised effectively, or overpriced.

5. Development costs are higher than expected.

6. Competitors fight back harder than expected.

7. Shortage of important new product idea in certain areas.

Doddappa Appa Institute for MBA


8. Fragmented markets.

9. Social and government constraints.

10. Coastlines of the new product development process.

11. Capital shortage.

12. Faster development.

13. Shorter product life cycles.

Given challenges, what can a company do to ensure the

success

New products?

Number one success factors are a unique superior product for ex-

higher quality new features, higher values in use, and so forth.

Products with high product advantage succeed 98% of the time,

compared to products with a moderate advantage (58% success) or

minimal (18% success).

Another key success factor is well-defined product concept prior

to development, where the company carefully defines and assesses

the target market, product requirement, and benefits before

Doddappa Appa Institute for MBA


proceeding. Other success factors are technological and marketing

synergy, quality of execution in all stages, and market attraction.

Successful new product development requires the

company to establish an effective organization for managing the new

product development process. An effective organization begins with

its top management.

New product development process involves eight stages:

1. Idea generation

2. Idea screening.

3. Concept development and testing

4. Marketing strategy development

5. Business analysis

6. Product development

7. Market testing

8. Commercialization.

Doddappa Appa Institute for MBA


The purpose of each stage is to determine whether the new

product idea should be dropped or move to the next stage. The

company wants to minimize the chances that good ideas will be

dropped or those bad ideas will be developed.

The company must develop an action plan for introducing the

new product into the rollout markets. Notices of product launch

regularly appear in brand week imagines. To sequence and co-

ordinate the many activates involved in launching a new product,

management can use network planning technique. Critical path

scheduling calls for developing the master chart showing the

simultaneous and sequential activities that must take place to launch

the product. By estimating how much time each activity takes, the

planner estimate the completion time for the entire project. Any delay

in any activity on the critical path will cause the project to be delayed.

THE CONSUMER ADOPTION PROCESS:

The consumer adoption process is the process by which

customers learn about new products, try them, and adopt or reject

Doddappa Appa Institute for MBA


them. Today many marketers are targeting heavy users and early

adopters of new products recognizing that specific media can reach

both groups and tend to be opinion leaders. The consumer adoption

process is influenced by many factors beyond the marketers control,

including consumers and organizations willingness to try new

products, personal influences and the characteristics of the new

products or innovations.

STAGES IN ADOPTION PROCESS

An innovation refers to any good, service, or idea. That is

perceived by someone as new. The idea may have long history, but it is

an innovation to the person who sees it as new. Innovation take time to

spread through the social system. The consumer adoption process

focuses on the mental process through which an individual passes from

first hearing about an innovation to final adoption. Adopters of new

products have moved through the following five stages.

1. AWARENESS: The consumer becomes aware of the

innovation but lacks information about it.

2. INTEREST: The consumer is stimulated to see the

information about the innovation.

Doddappa Appa Institute for MBA


3. EVALUATION: The consumer considers whether to try

the innovation or not.

4. TRIAL: The consumer tries the innovation to improve

his estimate of its value.

5. ADOPTION: the consumer decides to make full and

regular use of the innovation.

FACTORS INFLUENCING THE ADOPTION PROCESS:

People differ markedly in their readiness to try products.

Personal influence plays a large role in the adoption of new products.

The characteristics of the innovation affect its rate of adoption.

Like people, organizations vary in their readiness to adopt an

innovation.

Each stage of product life cycle calls for different

marketing strategies. The introduction stage is marked by slow growth

and minimal profits as the product is pushed into distribution. During

Doddappa Appa Institute for MBA


this stage the company has to decide strategies of rapid skimming or

slow skimming, rapid penetration or slow penetration. It must also

decide when to enter into the market : market pioneers may have a

strong advantage. If successful the product enters a growth stage

marked by rapid sales growth and increasing profits. Then company

attempt to improve the product, enter the new market segments and

distribution channels and reduce its price slightly. There follows a

maturity in which sales growth slows and profit stabilize. The company

seeks innovative strategies to renew sales growth, including market

product and marketing mix modification. Finally , the product enters a

declining stage in which little can be done to halt deterioration of sales

and profits. The companies task is to identify the truly weak products,

develop for each one a strategy of continuation, focusing, or milking:

and finally phase out weak products in a way that minimizes the hard

ship to company profits, employees and customers

Doddappa Appa Institute for MBA


3.1 COMPANY PROFILE

WIPRO is an integrated corporation that offers diverse range of

products. solution and service in system software, consumer care

health care, lighting and information technology they are driven by

their passion for quality and their commitment to consumers. this drive

has captured among ten most admired companies in India. Through

constant innovation and a people first attitude they strive to assume

leadership position in all over business in new mellienimum.

In the year 1947 many Indian challenged made and rewrote

history in that year India’s independence,32 year old m.H.Premji

owner of the fledging western India vegetables, oil mill at Maharastra.

Mr. Azim H Premji joined Wipro in 1966 at the age of 21.Under

his leadership, a Rs.70 million company manufacturing hydrogenated

cooking fats grew into a $500 million diversified, integrated

Corporation in Services, Technology Products and Consumer

Doddappa Appa Institute for MBA


Products. Besides proving to be the leader in its segments of business

interests.

A role model for young entrepreneurs across the world, Mr.

Azim Premji has integrated the country's entrepreneurial tradition with

professional management, based on sound values and

uncompromising integrity.

Mr. Azim Premji's strength lies in bringing together and building

charged teams of high potential-high performing people. His vision

and pragmatism has helped Wipro Corporation to become the #2

most competitive and successful company in India (as rated by

Business Today, a leading business magazine in India). Today, Wipro

in terms of market capitalization is among the top 10 Corporations in

India.

Mr. Premji very strongly believes that faithful adherence to core

values, a shared vision for the future, and identification and

development of Wipro leaders through clearly defined Wipro Leaders'

Qualities have contributed greatly to Wipro's success.

Doddappa Appa Institute for MBA


A hands-on business leader setting standards of excellence in

everything that the Corporation does, Mr. Premji is almost fanatical

about delivering value to customers, sacrificing business and profits to

hold on to "Our Promise".

Mr. Premji was the prime drive behind Wipro's decision to

achieve "Six Sigma" status. In his address to the top management of

Wipro Corporation on May 2 1997, he said, "The end objective of our

'customer-in' concept is that we want to build the voice of the

customer in our products and services. This is opposite to the concept

of 'product-out', which is the way the world has been operating for

some time." In this journey of achieving the near defect-free products

and services, Mr. Premji is very clear that as a world-class

organisation, what Wipro needs to be concerned about is the process,

not merely the results!

Doddappa Appa Institute for MBA


P S Pai heads Wipro's oldest Business Unit and is in charge of

the branded products business of Wipro. Pai joined Wipro in 1979. He

contributed significantly to the brand building of Sunflower, Santoor,

Wipro Shikakai, Wipro Baby Soft and Wipro Lighting products. He also

helped build one of the largest distribution systems in the country.

Pai took over as Vice Chairman, Wipro Limited and Executive

Officer of the Group in 1999 and prior to that he was the Group

President.

Suresh Senapaty completed his Chartered Accountancy (CA)

from Mumbai in 1979 and is now a Fellow member of the Institute of

Chartered Accountants (FCA). Joining Wipro in 1980, after a brief stint

with Lovelock and Lewis, he quickly rose to become the Chief

Financial Officer of Wipro Consumer Care in 1982, a position he held

close to a decade.

During his tenure, Wipro Consumer Care witnessed an

enormous growth from one factory to three factories, from a single

product to multiple products including toilet soaps and toiletries; and

from operations in three states to all states in India. He was involved

Doddappa Appa Institute for MBA


in the very first acquisition of Wipro, a plant in Bhavnagar in the state

of Gujarat in India. The role gave him a first hand experience of

managing growth and acquisition.

In 1992, Suresh moved to Wipro Infotech as Vice President-

Finance. He also looked after Legal, Business Planning, Treasury and

Controllership. Initially, he was in-charge of the domestic hardware

business but his role expanded to cover the overseas software

business of Wipro Infotech, which was called Wipro Systems those

days. In 1995, he took over as CFO for the entire Wipro Corporation,

a position he holds till date. In this role, Suresh has accomplished a

number of significant milestones for Wipro Corporation. His first

assignment was the merger of various companies such as Wipro

Infotech and Wipro Systems with Wipro Ltd.

The market capitalization of Wipro Corporation has seen a huge

growth from less than half a billion US dollars in 1995 to close to 8

billion US dollars at present. From less than 1000 shareholders, Wipro

Ltd. has over 58,000 shareholders. He has been able to introduce

proactively the latest international accounting practices into Wipro like

Doddappa Appa Institute for MBA


segment reporting, consolidation of accounts long before it became a

law in India. He has built expertise and charged, committed teams

under him. Among others, he has brought tremendous focus on the

Internal Audit function and the Treasury function to make them major

differentiators for the Corporation. The Internal Audit department of

Wipro is the only one in the country to be certified as compliant with

ISO 9001. The Investor Relations function, which is a part of the

Treasury, won the international Hamilton Alexander Award for

Excellence. Suresh played a key role in the New York Stock

Exchange Listing in 2000. This is the second time in the history of

Wipro that it accessed the capital market, the first time being as early

as 1946.

Quality is fast becoming a word customers want to hear more

often than they used to before. No longer is Quality perceived to be

just a buzzword in the corporate aisles, it’s touching our customer’s

lives in more ways than we can imagine.

The term Six Sigma is synonymous with world-class quality.

Sigma is a statistical expression that indicates how defect free a

Doddappa Appa Institute for MBA


process or a product is. It indicates the level at which the process is

performed. Higher the Sigma level, lower the number of defects. For

Example: If our defect rate is at Three Sigma level, we make 66,807

mistakes. At Six Sigma level, the defect rate drops to 3.4 mistakes in

a million, an improvement of more than 20,000 times.

Six Sigma, in broad terms, is the methodology to get breakthrough

improvements in products and processes, thereby ensuring Customer

Satisfaction, Employee satisfaction and Business financial success.

Six Sigma in Wipro is an umbrella initiative covering all Business

Units and divisions. It was adopted so that we could transform

ourselves into a world-class organization. This means

• Have our products and services meet global benchmarks

• Ensure robust processes within the organization

Doddappa Appa Institute for MBA


• Consistently meet and exceed customer expectations

• Make Quality a culture within

The methodologies under Six Sigma covers all areas of the business

such as Design & development, Manufacturing, Service and all

transactional processes. The Six Sigma methodology brings in a

strong data culture and statistical analysis at all levels of the

organization. It forces the organization to make decisions based on

metrics and measurements that are called Management by facts.

Successful implementation of Six Sigma within Wipro has taught us

several aspects, which can help other organizations significantly if

they decide to embrace Six Sigma as their vehicle for change and

transformation.

Our experience of implementing Six Sigma in diverse areas such as

Manufacturing locations, Services business, Transactional processes

(Non manufacturing / Non technical) and Software development

makes us a unique players in this field. Our consultants are all senior

Doddappa Appa Institute for MBA


Black Belts who are the successful practitioners of Six Sigma. We

have significantly adapted Six Sigma to Indian conditions.

Wipro Infotech

Wipro Infotech is a division of Wipro Limited and provides customers

with high value Information Technology Solutions, Infrastructure,

Services and Platforms in India and is all set to offer high end

Technology Services and Solutions for the Asia Pacific and the Middle

East markets

Wipro Consumer Care and Lighting

Wipro Consumer care and Lighting is the FMCG arm of Wipro Limited

which continuously introduces innovative products and adds value to

existing brands, each of which is the promise of good health and value

for money. Its brands include Santoor, Wipro Shikakai, Wipro Active

and Wipro Baby Soft.

Wipro Fluid Power Limited

Wipro Fluid Power was Wipro’s first diversification in 1975, to address

the hydraulic equipment requirements of mobile original equipment

Doddappa Appa Institute for MBA


manufacturers in India. Over the past 25 years, the Wipro Fluid Power

business unit has become a leader in the Hydraulic Cylinders and

Truck Tipping Systems markets in India. Wipro Fluid Power intends

growing its business by leveraging its dominant market share in India

to serve the global manufacturing requirements of Hydraulic Cylinders

and Truck Tippers.

WiproGEMedicalSystemsLimited

Wipro GE Medical Systems, is a joint venture between Wipro and

General Electric Company. A part of GE Medical Systems South Asia,

it caters to customer and patient needs with a commitment to

uncompromising quality .Wipro GE is the market leader with

unmatched distribution and service reach in South Asia and is India’s

largest exporter of medical systems. Wipro GE pioneered the

manufacture of Ultrasound and Computed Tomography systems in

India and is a supplier for all GE Medical Systems products and

services in South Asia

Doddappa Appa Institute for MBA


ORGANISATION CHART

Chairman

Managing director

Vice president

General manager

Technical R&D Marketing Finance HR

Regional sales Manager

Ares Sales Manager

Sales Officer

Sales Incharge(1) Sales Incharge(2) Sales Incharge(3) Sales Incharge(4)

Doddappa Appa Institute for MBA


DISTRIBUTION CHANNEL

MANAUFACTURING UNIT

SUPER STOCKIEST

AUTHORIZED WHOLE SELLER

RETAILER

CONSUMER

Doddappa Appa Institute for MBA


3.2 PRODUCT PROFILE :

SOAPS

1. Santoor1000gm

Santoor 150gm

SHIKAKAI SOAP

1. Baby soft

2. Baby soap (milk and almond)

3. Baby soap (olive and Lanolin)

4. Baby tale

5. Baby oil

6. Diapers

7. Nappi pad

8. Feeding bottle

9. Feeder cum sipper

10. Ample cup

11. Bottle cleaning brush.

Doddappa Appa Institute for MBA


VANASPATI

1. Sunflower 1 kg

2. Sunflower 500gm

3. Sunflower 200kg

LIGHT

1. Wipro Bulb 100wt

2. Wipro Bulb 60 wt

3. Wipro Bulb 40wt

4. Wipro milky bulb

5. Wipro florecent Bulb

GLUCOSE

1. Glucovita

Doddappa Appa Institute for MBA


Analysis and interpretation of Data

Table No.1

Table showing the number of different outlets dealing which glucose.

Types of outlets No. of respondents Percentage


Medical stores 73 36.5
Departmental stores 48 24
Kirana stores 68 34
Others 11 5.5
Total 200 100

From the table it was inferred that out of 200 responds, there were

36.5%medical stores, 34% of the kirana stores,24% of departmental

stores, and 5.5% of others dealing with glucose is their respective

area.

Doddappa Appa Institute for MBA


No. of outlets dealing with Glocose

Others
6%

Medical
stores
Kirana 36%
stores
34%

Departmenta
l stores
24%

Medical stores Departmental stores Kirana stores Others

Doddappa Appa Institute for MBA


Table No.2

Table showing number of respondents dealing with various brands of

Glucose

Brands of Glucose Percentage


Dabur 80
Heinz 68
Glaxo 62
Wipro 60
Others 100

From the above table it was inferred that in and around of bellary dist.

100% deal with Glucomin, 80%,68%,62%and 60%. Dabar, Hienz,

Glaxo, and Wipro respectively. In others words it can be said that

almost all respondent dealing with Wipro brand of Glucose.

Doddappa Appa Institute for MBA


No. of respondents dealing with
various brands of Glucose

Dabur
Others 22%
27%

Heinz
18%
Wipro
16%

Glaxo
17%

Dabur Heinz Glaxo Wipro Others

Doddappa Appa Institute for MBA


Table No. 3

Table showing respondents opinion towards sales of various brands

with respect to volume.

Brands Low % Average % High % Total


Wipro 61 4 65%
Dabur 15 45 20 90%
Hienz 34 28 6 68%
Glaxo 35 27 62%
Other 36 58 94%
total 145 140 84

Form the above table it was found that 94% of the respondents sold

glucomin more, and 90% sold Dabur, 68% and 62% said Heinz and

Glaxo respectively.

But only 62% Wipro in the market.

Doddappa Appa Institute for MBA


Opinion of the respondents showing
towards various brands wrt volume

70

60
volume in percentage

50

40 Low %
Average %
30 High %

20

10

0
Wipro Dabur Hienz Glaxo Other
Brands

Table No 4

Doddappa Appa Institute for MBA


Table showing the factors that influence the respondents to deal with

particular brand of glucose

Sr. No. Influencing factor Percentage of respondents


1 Profit margin 81.5
2 Brand name 5
3 Offers 2.5
4 Credit facilities 11
5 Consumer demand -
6 Others -

The above table furnished that the 81.5% of respondents give

importance to profit margin, 11% of them gave importance to credit

facilities, 5% and 2.5% of them were giving importance to brand name

and offer respectively.

Doddappa Appa Institute for MBA


Percentage of respondants

0%
11% 0%
3%
5%

81%

Profit margin Brand name


Offers Credit facilities
Consumer demand Others

Table No 5:

Doddappa Appa Institute for MBA


Table showing the number of respondents dealing with glucose;

Opinion num of

respondents
yes 120 60%
no 180 40%

From the above table it was found that 60% of the respondents were

dealing with glucose and 40% are not dealing.

Doddappa Appa Institute for MBA


number respondents dealing with
glucose

yes
40%

no
60%

yes no

Table No 6:

Doddappa Appa Institute for MBA


Table showing respondents rate glucovita on the following

parameters

Sr. no Rating

Excellent(%) Good (%) Poor(%)

Parameter
1. Brand 10 93 17

Awareness
2. Quality 72 43 5
3. Taste 34 52 34
4. Price 38 82
5. Packaging 22 98
6. Visibility 12 108

From the above table it was found that 100% respondents rate

glucovita regarding different parameters.

96% brand awareness was good.

72% quality was excellent.

52% taste was good.

82% price was poor.

96% packaging was poor.

108% visibility was poor.

Doddappa Appa Institute for MBA


120
100
Excellent(%)
80
Good (%)
60
Poor(%)
40
20
0
Packaging
Parameter

Visibility
Quality
Brand

Taste
Awareness

Price

1 2 3 4 5 6

Doddappa Appa Institute for MBA


Table No 7:

Table showing retailers opinion towards the margin of different brands

Sl.no Brands Number of respondents


1. Wipro 3
2. Heinz 28
3. Dabur 33
4. Glaxco 17
5. Others (glucomin) 119

Doddappa Appa Institute for MBA


The above table furnished that the respondents opinion towards

margin of different brands. 119 respondents agreed that glucomin

margin was high, 33 respondents dabur, 28 respondents Heinz, and

17 respondents about Glaxco, only 3 respondents agreed towards

Wipro margin level.

Doddappa Appa Institute for MBA


N u m b e r o f re s p o n d e n ts

140
120
100
80 Num ber of
60 re s p o n d e n ts
40
20
0
Dabur
Heinz
Wipro

Glaxco

(glucomin)
Others

Table No 8:

Doddappa Appa Institute for MBA


Table showing the packet size that consumer usually asks:

Sr.no Packet size Respondents


1. 50gms 139
2. 100gms 61

From the above table it was found that 139 respondent were selling

50 gm pack and 61 respondents were selling 100gm pack size to

customers of glucose.

Table No 9:

Doddappa Appa Institute for MBA


Table showing respondents dealing with company brands

s.no Competitor brands Respondents


1 Dabur 31
2 Heinz 9
3 Others (glucomin) 160

From the above table, it was found that 160 respondents were selling

glucomin along with Glucovita, 31 respondents were selling Dabur

along with Glucovita and 9 respondents were selling Heinz with

glucovita.

Doddappa Appa Institute for MBA


Respondents

180
160
160
140
120
100
80
60
40 31
20 9
0
Dabur Heinz Others (glucomin)

Respondents

Doddappa Appa Institute for MBA


Table No 10 :

Table showing retailers opinion of consumer preferences towards

Glucovita with respect to competing brands:

Sl.No Preference No.of respondents


1 Very high 0
2 High 3
3 Not so high 78
4 weak 39

From the above table it was found that 78 respondents gave not so

high, 39 gave weak and only 3 respondents responded Glucovita to

be high.

Doddappa Appa Institute for MBA


90
78
80
70
No. of respondents

60
50
39
40
30
20
10 3
0
0
Very high High Not so high weak
Preference

Table No 11:

Doddappa Appa Institute for MBA


Table showing receipt of periodic information from the company

Responses No of respondents
Yes 168
No 32

The above table furnished that 168 respondents were getting

information about the product but only 32 respondents not received

any information from the company with respect to product.

Doddappa Appa Institute for MBA


Respondent

160

140

120
No. of respondents

100

80 Respondent

60

40

20

0
50gm 100gm
packet size

Doddappa Appa Institute for MBA


Table No 12:

Table showing respondents opinion towards rate of purchased

preferred by consumers

S Period No of

respondents
1 Weekly 49

2 Fortnightly 44

3 Monthly 75

From the 4 Yearly 32

above table it

is observed that 49 respondents prefer weekly, 44 respondents

fortnightly, 75 and 32 of them were yearly.

Doddappa Appa Institute for MBA


respondents opinion towards rate of
purchased preffered by consumers

80 75
70
60
no of respondents

49
50 44
40 32
30
20
10
0
Weekly Fortnightly Monthly Yearly
period

No of respondents

Doddappa Appa Institute for MBA


Table No 13:

Table showing respondents opinion towards company salesman visit.

Period No. of respondents


Weekly 71
Fortnightly 53
Monthly 47
Yearly 29

From the above table it was inferred that 71 respondent agreed of

visiting salesman weekly, 53 agreed of fortnight, 47 and 29 agreed

monthly and yearly respectively.

Doddappa Appa Institute for MBA


No. of respondents

80
71
70
60 53
50 47

40
29
30
20
10
0
Weekly Fortnightly Monthly Yearly

No. of respondents

Table No 14:

Doddappa Appa Institute for MBA


Table showing opinion about promotion activities.

Sales promotion No. of respondents


1 Gift 21
2 Window 35
3 Free samples 42
4 Price discounts 86
5 others 17

The above table shows 86 respondents getting price discounts form

companies. 42 retailers getting free samples followed by 35 window

display, 21 gift and 17 others.

Doddappa Appa Institute for MBA


No. of respondents

100
90 86
80
70
60
50 42
40 35
30 21
17
20
10
0
Gift Window Free Price others
samples discounts

No. of respondents

FINDINGS, CONCLUSION AND SUGGESTION

Doddappa Appa Institute for MBA


5.1: FINDINGS

On an analysis and evaluation of the data collected from the retailers,

the following findings were found.

Findings:

1. The study was well represented by adequate number of dealers

who have spread in different locality in the city.

2. Only few retailer outlets received the product.

3. Most of the retailers were not aware of the product. Medical

stores and other departmental stores are the only places where

the movement of Glucovita is high and to some extent moderate

(not so high ).

4. Dabur, Heinz & local company were the competitor to Glucovita.

5. Retailers were receiving enquiries regarding the product.

6. The promotional strategy of the company is not efficient with

compared to other product.

7. Most of the retailer had the opinion that the company may not

supply the product regularly.

Doddappa Appa Institute for MBA


8. Most of the retailers had the opinion that the company should

take the promotional measures such as gift for the new product.

5.2 CONCLUSION:

Doddappa Appa Institute for MBA


From this study it has been found that the market for glouse is not

mush in demand as it deals with the health care in FMCG’S sector and

the costumers does not pay mush interest regarding the brands of glouse

so it does not affect the purchasing division, but still due to some

percentage of demand by the customers the retailers try to push the local

brand as it fetch good margin as compared to the branded glouse

product.

More over the retailers resist accepting the Glucovita as they are

not aware so as the customer if the company create an promotion

activities it may boom the sales as the main target is the costomer who

has to propects for the this product.

5.3 SUGGESTIONS:

Doddappa Appa Institute for MBA


1. The company should make an arrangement to penetrate in more

outlets so that the new product awareness can be created.

2. The company should not only concentrate on medical stores

and departmental stores but also target other retail outlets.

3. As compared to the competitors the margin of glucovita is very

low so company should consider of providing well margin to the

retailers in the product.

4. Customer relationship management concept should be applied

to gain the trust of the retailers.

5. Promotional activities like free gifts, tour package, etc should be

introduced which will encourage the retailer.

6. Company should concentrate in window display of the product

on the retailer’s shelf.

7. Holding and wall painting should be displayed for the products to

create awareness in the mind of consumers.

Doddappa Appa Institute for MBA

Vous aimerez peut-être aussi