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DECLARATION
I, Kumar Abhishek, the undersigned student of Kohinoor Business School declare t
hat this project report titled Customer Relationship Management & Competitor Ana
lysis is submitted in the partial fulfilment of the two year full time Post Grad
uate Diploma in Business Management at Kohinoor Business School, Khandala. I, he
reby declare that this is my original work and that this has never been submitte
d before any other college or university for any other company. The findings and
conclusions of this report are based on my personal study and experience during
the tenure of my internship at Marg Compusoft Pvt. Ltd.
Kumar Abhishek
Batch 2008-10
Kohinoor Business School, Khandala
ACKNOWLEDGEMENT
This report is the evidence of Market Research I carried on during my Summer
Internship Project in Marg Pvt. Ltd. New Delhi. During this project, I experienc
ed my lifetime learning which I obviously owe to some of my seniors, mentors, co
lleagues at Marg and faculties at Kohinoor Business School, Khandala without who
m this experience would not have been a precious learning.
During the successful completion of my SIP, I owe my gratitude to Mr. Sudheer S
ingh, Director, Marg Compusoft for being resourceful all the time. He taught me
about several practical aspects of business & how to deal with it . Work was n
ot the only thing we did, our project Guide Mr. Sudheer Singh understands very w
ell, how to maintain a healthy work environment .He was in regular touch with al
l of us and guided us through-out our tour. To keep the motivational levels up h
e also joined us In Rajasthan where he inspired us to work even harder. He also
accompanied us to various tourist destinations in Jaipur. We moved to different
cities in team consisting of 8 interns, 3 technical persons of the company namel
y Mr.Rahul S.Gill , Mr. Amit Kaushik, Mr. Rajesh Kaushik and a finance manager
Mr. Vikas Rana for managing the expenses.
I would also like to thank Mr. B .P. Verma, Director Kohinoor Business School, K
handala for his guidance & encouragement. I feel highly indebted to my internal
guide Prof. Jayseelan at Kohinoor Business School, Khandala for his consistent
support & proper guidance from time to time.
At, last I would like to take this opportunity to extend my endless & heartfelt
thanks to my parents & almighty for bringing me to this level. Without their mot
ivation & support I would not have been able to complete this project.
Table of Contents
i. Title Page
ii. Summer Training Certificates
a. Internal
b. External
c. Appreciation Letter from Marg Compusoft Pvt. Ltd.
d. Student Declaration
iii. Acknowledgement
iv. Declaration with screenshot from plagiarismdetect.com
1. Executive Summary
8-9
a. Objectives of the Internship Project
b. Project Scope
c. Specific Problems
2. Article Review
10-13
3. Introduction
14-19
a. Company Profile
b. Objectives of the Research
c. Statement of Problems
3. Methodology
20-21
a. Research Objectives
b. Statistical Tools
c. Target Sectors
4. Surveyed Area Analysis
22-64
a. Service Design Matrix
b. Report on Distributor/Dealer
c. Existing Strategy
d. Suggested Strategy
e. What to do/ Suggestions
f. Graphs/Findings and analysis
5. Overall Data Analysis
65-73
a. State Wise
b. PAN India
c. Comprehensive
6. a.) Daily Report Format
74
b.) Dealer Status
75-76
c.) Follow Up Report
77-78
7.) Recommendations & Suggestions
79-80
8.) Conclusion
81
9.) Annexure
82-83
10.) Bibliography
84
EXECUTIVE SUMMARY
The purpose of this report is to literally act as a window to the project undert
aken as a part of the Summer Internship with the Organization Marg Compusoft Pri
vate Limited that aims to define the breadth, depth and scope of various thinkin
g process and mechanics that actually synthesized the project undertaken.
The objective of the projects that have been assigned as a part of internship pr
ogram is:-
1) To understand the concept of marketing in software industry with the hel
p of technical & marketer perspective.
2) To study the scope & statistics of software industry of pharmaceuticals
market.
3) To develop a questionnaire related to pharmaceuticals industry.
4) To analyze the complete pharmaceutical market of India.
5) Conduct a survey in all tyre-1 cities, metro cities & hybrid cities.
6) To develop & design a Monitoring system for product marketing plan.
7) To give the demonstration of technical advantage over the other software
.
8) To design a proper strategy for every state.
9) To promote the product and their features.
10) To analyze the existing competitors and potential competitors and design
a strategy for merging in Marg.
11) To enhance the brand awareness.
Each of the above mentioned objectives required a marketing survey in order to d
iagnose the various parameters that are essential to transform the project to a
coherent body. This Survey aims to define those essential parameters for the ind
ividual projects like the tastes and the preferences of the each medical associa
tion of every state for the complete IT solution, the attitude of the chief of m
edical association, distributers, C & F and retailers regarding importance and b
enefits if secondary sales are being monitored and so on. All these are being cr
ystallized in synthesizing the projects.
The survey is covered in various stages. Various states have been covered for th
e survey e.g. NCR region, Haryana, Punjab, Rajasthan, West Bengal, Madhya Prades
h, Karnataka etc. Different sample units have been selected in different states.
Different cities have been covered by the team of 12 members.
Sample size covered in different places was having different length. Sometimes i
t has been increased upto 350~400 & sometimes it was about to 60~120. Sample siz
e depends on the city and the team members were allocated according to the sampl
e size.
Survey & demonstration were the two main aspects for the complete brand promotio
n and brand awareness. As an MNC, the brand was known to large majority but the
benefits and advancement of software industry was not that much known. Due to un
awareness, local dealers have their monopoly in their respective market e.g. Sar
al in Kota. The comparison based on technical aspects as well as company standar
d has been covered to get the benefits over the local competitors.
For the benefit of understanding and presenting this report in an organized fash
ion this report has been organized into Various sections where certain sections
has been sub divided catering to need of proper organization of the report.
ARTICLE REVIEW
Introduction
Statistics involves a combination of mathematical techniques and logical reasoni
ng. Apart from a thorough knowledge of the subject a certain amount of common se
nse and vision is needed to analyse and translate the research data into a clini
cal finding. Statistics is involved to some extent in all research projects. It
plays a very important role in medical research. The quality of research papers
published and the credibility of the data reported should be in accordance with
the highest professional and statistical standards.
Use of Statistics in Medical Research
• Compute p value
• Study design – sample size estimation
• Mid-course corrections
• Selection of statistical method for analysis
• Data analysis (interim & final)
• Interpretation of analysed data
• Reporting of data
Research data
Data collected in medical research should be accurate, reliable and unbiased. Th
e use of standard analytical tools is recommended. The collected data should be
verified by random source data verification checks and no modification should be
attempted once a clean file has been declared. Data may be accessed only by aut
horised personnel. There should be procedural protection to ensure that data is
not compromised before public release.
Rejection of research papers
Errors in the following areas are the main reasons for the rejection of research
papers sent for publication in indexed journals:
• Study background – aim/purpose rationale
• Study design & data collection
• Relevance and soundness of data analysis (analytical tools and procedure
s)
• Interpretation
• Reporting
These errors are indicative of poor conduct of scientific research. Many journal
s require the software and version to be stated as this enables the reviewers to
have an idea of the methods used. Since the quality of statistics is essential
to the credibility of the data reported it is essential to select a software pro
gram of the highest standards. The validity of conclusion is based on the statis
tical test applied. The study results depend on the interpretation of the data c
ollected and these results make scientific influences.
SPSS in Medical Research
Predictive analysis using SPSS has made life easier for researchers and health c
are workers. SPSS is a statistical analysis software program with unlimited capa
bilities, which makes data management and preparation a lot easier as it has all
the products one needs for complete analysis. It includes a variety of statisti
cal tests and procedures. Research analysis has not only become faster but also
more accurate and reliable. SPSS has been accepted as a standard quality softwar
e program throughout the world.
The range of capabilities for analytical procedures using SPSS includes the foll
owing:
• Planning
• Data collection
• Data access
• Data management and data preparation
With SPSS many variables can be analysed. The true benefit of SPSS is the speed
of data availability and access when compared to using products from a variety o
f other vendors. Unnecessary duplication of work can be avoided saving time and
money and data can be accessed over the Internet.
What is Medical Writing?
Medical writing is a fast developing discipline, which involves writing on topic
s useful for the medical fraternity and drug development. In the pharmaceutical
industry, medical writers work in two broad areas: regulatory writing and market
ing material writing.
Regulatory writing is an integral part of drug development and the approval proc
ess. It includes writing:
• Protocols
• Investigator’s brochures
• Interim and final clinical study reports
• Periodic safety update reports
• Serious adverse event reporting
• Investigational new drug applications
• Common technical documents
• Food and Drug Administration (FDA) briefing documents
• Integrated summaries of efficacy and safety, manuscripts
• Abstracts
• Posters
• Product labeling using terminologies standardized by regulatory and inte
rnational agencies
And much more………
The quality of documents submitted for regulatory approval plays a significant r
ole in the success or failure of new products, inventions and devices.
The objectives have been defined earlier. Here is a brief of the objectives:-
The survey is being carried of the following places of the states of the Delhi,
Punjab, Haryana, Rajasthan, Madhya Pradesh, Karnataka, West Bengal, Bihar, Chhat
tisgarh, and Jammu & Kashmir, NCR, Amritsar, Jalandhar, Ludhiana, Ambala, Jaipur
, Jodhpur, Ajmer, Bikaner, Kota, Bheelwada, Bhopal, Indore, Jabalpur, Beda hat,
Bangalore, Gulberga, Damangiri, Kolkata, Howrah, Patna, Raipur.
It may be mentioned that duration of survey was from 21st of April to 2nd of Jul
y and the total number of respondent covered in each city...
• Total number of medical associations: 26
• Average no. of wholesale distributors in each city: 456
• Average no. of C& F in each city: 16
• Average no. of retailers: 236
INTRODUCTION
Marg Compusoft, the leader of Pharmaceutical Industry ranked no. 1 in India in t
his industry. Marg offers various IT & IT enable services in different sectors b
ut the company has created an anti-benchmark in pharmaceutical industry. The pur
pose of this report is to literally act as a window to the project undertaken as
a part of the Summer Internship with the Organization Marg Compusoft Private Li
mited that aims to define the breadth depth and scope of various thinking proces
s and mechanics that actually synthesized the project undertaken.
COMPANY PROFILE
Name of the company: Marg Compusoft Pvt. Ltd.
“Marg, meaning path in Sanskrit, is the Road to Success. We are specialist in pr
oviding solutions for the Pharma Industry”.
Innovation is the essence of what puts a company in the comity of successful one
s. It s the very essence of what makes one company s products and services bette
r than another s. Keeping this mantra in mind, a group of computer professionals
made their foray into business and founded Marg Compusoft in 1990 with a drive
to challenge the status quo. Since then Marg Compusoft has scaled many heights a
nd chartered new territories. With every passing day, Marg Compusoft is explorin
g new horizons and successfully able to grasp the whole opportunity that drove i
n its way.
Director’s Statement:-
“We translate our dreams into reality. Nowadays we have very little time to look
back but enjoying every moment. We have garnered our reputation through a spiri
t of innovation and hard work.”
Website: www.margcompusoft.com Email: info@margcompusoft.com
SERVICES
Company’s Approach:-
• CUSTOMER ORIENTED APPROACH
Marg Compusoft is the leading provider of integrated business application softwa
re for small and midsize businesses. With thousands of customers using it’s prod
ucts and professional services, the goal is to enable one to make better, faster
decisions in a fiercely competitive market and based on its best-of-breed offer
ings, company continues to build new alliances with other industry leaders and w
in new customers across a range of major industries. Marg Compusoft is dedicated
to providing Sales Force Automation (SFA) software solutions to the mid-market
companies. Serving more than 25000 customers, the company employs innovative ser
vice-oriented architecture (SOA) and Web services technology and delivers end-to
-end, industry-specific solutions for retail, manufacturing, hospitality, distri
bution and services that enable companies to improve performance, drive increase
d efficiency and build competitive advantage. While empowering enterprises for e
ven greater success tomorrow, Marg solutions offer the scalability and flexibili
ty to meet today s business challenges. With its best-of-breed offerings, Marg C
ompusoft provides a comprehensive range of services with its solutions, providin
g a single point of accountability to promote rapid return on investment and low
total cost of ownership.
• TECHNOLOGY ORIENTED APPROACH
The Marg System is sophisticated yet extremely flexible, and each module is full
y integrated into the General Ledger. Application software modules include: Gene
ral Ledger, Payroll, Accounts Payable, Production Accounting, Laser Check Writin
g, Accounts Receivable and Time & Billing.
The application software of Marg Compusoft supports a great number of client ent
ities with multiple divisions, departments and sub-departments. All modules prov
ide excellent management reporting tools that help to run your business efficien
tly. Marg systems are expandable and easily customized. They can treat each clie
nt entity differently. With a view to meeting changing business needs they susta
in a perennial program of Research & Development. Company ensures that software
enhancements are included with annual Application Software Maintenance. Marg’s p
rimary goal is customer satisfaction and building long-term business partnership
s with its clients.
• OTHER SERVICES
Marg Compusoft is dedicated to helping clients achieve critical business insight
s for bottom-line decision making through a wide range of scalable, easy-to-use
and customizable applications in the space of pharmaceutical industry solutions.
• RESEARCH OBJECTIVE
“To capture the complete medical segment with common software with all the valu
e added features & to provide the proper services with effective customer care.”
This can be categorized in various stages:
1) To understand the concept of marketing in software industry with the hel
p of technical & marketer perspective.
2) To study the scope & statistics of software industry of pharmaceuticals
market.
3) To develop a questionnaire related to pharmaceuticals industry.
4) To analyze the complete pharmaceutical market of India.
5) Conduct a survey in all tyre-1 cities, metro cities & hybrid cities.
6) To develop & design a Monitoring system for product marketing plan.
7) To give the demonstration of technical advantage over the other software
.
8) To design a proper strategy for every state.
9) To promote the product and their features.
10) To analyze the existing competitors and potential competitors and design
a strategy for merging in Marg.
11) To enhance the brand awareness.
RESEARCH METHODOLOGY
1) Conduct a Market research survey to know the existing potential
2) Sample unit: Medical Market
3) Sample Size: (250-450) in every city
4) Generate a report by statistical tool
5) Plan an executive demo in a common platform
6) Give the proper demonstration of all the features & services of the soft
ware
Statistical tool
1) Excel-sheet for the report generation
2) F-test for the Hybrid cities
3) CHI-SQURE test for the other cities
4) Generation of Pie & Bar charts to know the existing potential & to know
the future scope
Target Sector
1) All the MNC Medical companies e.g. Cedilla, Ranbaxy etc.
2) All the Distributers of every city
3) All the retail chemists of every city
4) CSA & C&F Agents
5) Manufacturing units
6) Ethical & Generic market
Jalandhar
Company status :- Hardly 1% market captured
Dealer report
Dealer name :-Pradeep
We got negative feedback about Pradeep In the market.
His presence in the market was almost negligible.And personally he never came to
meet
Parties complain that he rarely pick up the phone. And whenever he picks he keep
on
promising but never visit them. Some of the parties were having the demo but no
follow up was done. Parties complained that their license has not been issued ev
en after paying the money. Party like national pharma used heavily abusive langu
age even though the fault was theirs (data loss and the back was not taken. )
Market status:-
Some parties were doing raw billing and they were saying that if it can be maint
ained in Marg then they are ready to switch over.
Other software like jaguar, simca, decent are used only for billing in that mark
et. Parties were in dilemma regarding service provider.
Though the situation of the market was not good but they showed good response w
hen the team visited there.
Many parties have recently paid their AMC so they were asking to come later on.
The dealer of Catpro software has left the country so the parties have lost thei
r faith on that software hence they can tab easily.
Weaknesses:-
- No local presence of Marg in jalandhar neither in form of service nor in
the form of office.
- Service provider used to respond very late to the calls of parties.
- As there was no local service provider so faith of the people was very l
ow content for marg.
Competitors:-
1. Nexgen
2. Decent
3. Jaguar
4. Simca
5. Logic
6. Catpro
Scope for improvement:-
- As a dealer of the catpro has left the county the faith of the people in
that software has gone down “that segment can be tapped”. Hence we can say to
the people that we are not one man show and we can cater to them in the better m
anner than anybody else.
- As there is less computerization in the market the future scope is good
for marg.
- Appoint a local service provider in that area and ask him to open office
particularly in that area .
- The Demo installed earlier should be followed properly.
- The right time to hit the market would be mid January because people hav
e recently paid their AMC and that’s the time people usually decide to change.
Ludhiana
Dealer report:-
Dealer Name:- Pradeep, presently Varun is working
At present Varun is handling both Jalandar as well as Ludhiana. Distance between
both the cities is aprox. 70 kms. Its not feasible for one person to handle pa
rties of both cities.
As per Rahul Sir he has managed the earlier situation of customer complains & ot
her things very well. But the work which we had done its follow up was not done.
We called some of the parties who were in need of urgent demo but no demo wer
e given to them.
Parties like Ludhiana Medical Hall with whom only rate negotiations was left wa
s not contacted till now.
Though he is hard working & enthusiastic but he needs to work in a proper & stru
ctured manner.
Market Status
- Very big market with 450-500 shops.
- Very less computerization people were not aware about features of S/W as
well as computer even if they were having the S/W they were hardly printing 10-
12 bills per day, they were keeping computer switched off whole day & switch it
on in evening for printing 10 -12 bills for just maintaining.
- They were less flexible about changing & adapting computer.
- Parties were impressed with Marg features.
- Maximum parties were doing raw billing & there were small distributors &
doing to less awareness they were adamant to change.
Weaknesses
- Gap of service for 3 months as there was no service provider because Pr
adeep was ill.
- His attitude towards service & complains was not good. He doesn’t picks
up the phone.
- Marg user were complaining that Pradeep was not technically efficient to
solve their problem.
- No awareness about Marg in market.
- Our rate was comparatively higher than other S/W present their in market
.
- No office in the market Area.
Strengths
- At present Varun is handling the resposbilities very well .
- He has good knowledge about S/W what we observed because he solved a pro
blem of
- Marg User on phone.
- He is young , energetic, enthusiastic & willing to grow, so he can be a
good prospect for Marg in future.
- Parties are completely satisfied with S/W , but they are getting the ser
vice . So, on the S/W ground they can be a good word of mouth in market.
Competitor
- Vouch
- Logic
- Avtar Singh
- Miracle
- Genius
- Datacare
- Computer Sol
- Foxpro
- Satyam
Scope for improvement-- What to Do?
- Remove Pradeep & make Varun as a dealer or franchisee for that area.
- Ask Varun to open office near bunch market.
- We can start with a package of say about 5000 – 6000/- as decided by co
mpany & dealer for some period (near about 1 month) & marketing should be inten
se for that period.
- Hire a freelancer 1-2 for some days especially for that period when offe
r will be valid.
- This market would take time to be tapped because less computerization i
s there & awareness about computer is less.
- The president of Ludhiana association is using our S/W so he can help a
lot in increasing our business.
- We met an Accountant there who is in touch with Varun so ask him to make
best use of that contact as he had already given some contact to Varun.
Analysis of Competitors & Market capitalization of MARG
Ambala
Dealer report:-
Dealer name- Manoj
We didn’t get chance to meet dealer. Market was scattered and mostly wholesalers
were not using any software. So marg has very big scope in Ambala. But manoj ne
ver try to target that untapped market reasons are unknown. So according to sur
vey parties want to use any software but no one is trying to attract them it’s r
eally worst thing for the dealer and company too. He is not dedicated towards hi
s work. We need to think about it.
Market status:
- Scattered but good market mostly people are using logic and maddy.
- Software using people ratio is very low in ambala. Less Computerization.
- But people want to use any software so it’s a good scope for marg in Amb
ala.
- Some of the people know about Marg .
- Maddy has monopoly in the market.
Weaknesses: -
- People are satisfied with logic and maddy.
- Manoj is not as much serious towards his job because of that mostly mark
et is untapped people want to use any software but because of lack of awareness
they are doing their work manually. If he will work properly than he can tap 50
% market because people want to use good software.
What to do :-
- Firstly Manoj should do his work seriously.
- Many people are not using any software so we can tap them.
- It’s easy to tap a wholesaler who is not using any software.
- Dealer should take follow ups strictly.
JAIPUR
JAIPUR
DEALER REPORT:-
Name:- Pawan
He is working with marg from more than 5 yrs. Initially we were told that he is
the best service provider with marg. This area was considered to the state with
maximum sales. But A second visit to the area actually changed our views about t
he franchise.
No follow up was done of the work done by us in that area.
He distributed his work force in the entire area and end result there is no work
force left with him to handle JAIPUR.
ABOUT MARG FRANCHISEE
- Mr. PAWAN – although focused but not far sighted, satisfied with present
scene and not willing to look beyond that. Need to be bolder- in the sense that
he cannot even give a group demo. Needs to brush his marketing skills.
- Mr. MANOJ – can be a barrier in the growth of the organization
- Their work needs to be more streamlined
- Corporate office should continually maintain pressure on them_ for bette
r results
- Mr. AMIT KAUSHIK – has shown tremendous growth in his working patterns i
n the past 2 months, but still needs to be more firm in his behavior when repres
enting corporate office in front of franchises.
MARKET STATUS
Computerized since 1997 – 98, well educated, using datasoft from last 10 – 12 ye
ars.
Put since they are educated they are willing to change for betterment.
The group demo conducted there generated a positive wave in the market.
Market response initially was good and we were able to create good brand awarene
ss in the market.
Areas under him
• Hanumangarh
• Ganga nagar
• Ajmer
• Jaipur
• Bilwada
• Jodhpur
• Sikkar
• Bikaner
• Alwar
• Indon city
• Jhunjhunu
• Fathehpur
• Dholpur
• Singhana
SWOT ANALYSIS
STRENGTHS
Market
Location
People there are comparatively quite educated
Association with us
WEAKNESS
Service providers and there approach
Less man power
Risk taking power
Not ready work beyond the normal limits
The major weakness of this area is less rather no man power. Initially when we w
ent to Jaipur the only people we meet where Manoj & Kuldeep. No follow up was ta
ken for the work we did in their area. Even the people in the film colony also n
ot knowing about the presence of MARG and its office in there locality.
OPPORTUNITIES
Large untapped market
Fielding already done – now just need to hit the soft spots again and ag
ain
THREATS
If we don’t capitalize on our work right now then DATA SOFT could prove to be a
major threat to us…..& ….once this happens it would be quite hard to establish
ourselves again in that region .
MAJOR COMPETITORS
• Data Soft
WHAT TO DO?
Shift the entire concentration on Jaipur for now.
Divide teams
It’s very important to capitalize on the work immediately.
Distribute broachers
Install in RC office
Analysis of Competitors & Market capitalization of MARG
JODHPUR
Dealer Report
Name : Dinesh Asopa
Though new with MARG, quite dedicated towards his work. As far as services are c
oncerned , he is having very good image in the market. He is hard working and ha
ving sound technical knowledge. Marg requires more such team members for flawle
ss working. Seeing the scope and the load of work he has appointed a new person
under him – Dharmendra.
Market Status
At present 80-85% share is captured by APEX. After the group demo keeping in min
d the way the people are reacting, it suggests that people are not that keen to
change immediately. Though it is going to take some time but these people will s
urely change. We should wait for the time being as we have got 7 software’s in t
his region recently.
Competitors
APEX
What to do
No point in breaking the rates at present
Leave jodhpur for now and concentrate more on jaipur.
Meanwhile start distributing banners with clear cut rates on it $ statem
ents of opinion leaders.
And hit back in January in that area with huge pomp and show, then don’t
let it go.
Ajmer
Analysis of Competitors & Market capitalization of MARG
AJMER
Dealer report:-
Dealer name: - Kuldeep, Suresh
Ajmer is new market.
Approx 50 shops are there very small market. 2 people are working there and we d
on’t think that 2 people are required there. One person is far enough. Because J
aipur is bunch market and we need service providers in jaipur.
Market status: -
Very small market Approx 50 shops. Mostly people are using apex or swil,gulzag i
s also there. Some people know marg. People are satisfied from their own softwar
e. Mostly shops are computerized.
Weaknesses: -
- Small market so less opportunities
- Mostly people are satisfied from their own software.
- AMC is also big issue
What to do :-
- Market is small so only one person is sufficient there.
- Jaipur require more workforce so this is not the right time to tap the a
jmer market. Because jaipur market is more fruitful and profitable for marg in c
ompare to ajmer market.
- Do a campaigning or promotion in that area & make all people aware about
Marg, & then enter into thre market with A scheme.
- We can also arrange a group demo as the market is new so people can be a
ttracted towards it.
Kota
Dealer report :-
Dealer name:- Shailender
Shailender is the dealer of marg in Kota. We meet him and Bajrang too and the re
sponse of market towards both and our opinion is given below:-
Shailender:-
- Very few people know his name in market. But people know him by his face
. he is dedicated towards work.
- He has good knowledge about Saral.
- So we need to train him first because without good knowledge of marg no
one can handle kota market.
- Only shailender is not enough we need more people.
Bajrang :-
- He got very good reputation in market.
- Everyone knows his name. his image is very positive in market . he has g
ood knowledge about saral he knows the weaknesses of saral but his marketing ski
lls are nil.
- We need to give him training about marg and need to develop his interper
sonal skills too. He needs proper training.
Market status:-
- More than 400 wholesalers in the market and 99% are computerized. Everyo
ne is using SARAL.
- People are using it from a long time they are satisfied from software bu
t service of saral is not proper.
- Saral is DOS base software and provide very few features. But they are s
atisfied.
- Without using good and feasible strategies we can’t capture the market.
Retail market is not as much big but according to us we need to focus only on w
holesalers market not retailers.
Weaknesses: -
- Fully computerized market and they don’t want to convert in other softwa
re because they are satisfied with saral. So it’s not a cake walk to capture the
market.
- Saral position is very strong in kota and it’s not good for us.
- We don’t have sufficient service providers in kota so proper service iss
ue is in dilemma.
- Shailender and bajrang are not aware of marg as a software so technical
problem they can’t handle right now. It we will take time.
- Our survey is done but demos are still awaiting it can create negative i
mage of marg in the market. So we need to take right action as soon as possible.
Competitors:-
Our first and last competitor is only SARAL.
What to do:-
- Firstly we need to train shailender and bajrang.
- Then we can attack the market.
- Kota market is very big 2 service providers are not enough. So we need m
ore service providers.
- Saral services are not proper we can cash it if we provide better servic
es in compare to saral.
BILASPUR
Market Status
- The place is dense with huge potential parties such as pradeep pha
rma and the owner is the vice president of the Chhattisgarh association.
- The others are aware of the brand MARG but as this above mentioned owner
has problems with the service that’s why people are reluctant to buy our softwa
re.
- The dealer is aware of the problem but is not prompt in his service to t
hese people who can become our brand ambassadors as these players are few but ho
ld the market captively.
- The other pharma player ie Gayatri Pharma and the owner is the president
of the association and knows and speaks positively about MARG.
- He has suggested that we give them a Group Demo and slash prices to sui
t them and they will all change in a lot.
Weaknesses
The dealer is a bit laid back in his approach and complains that enough
support is not provided from the Delhi head office.
The dealer needs to be more aggressive in his approach and the service
needs to be bucked up.
Competitors
- Gondhia
- Dataspace
- Dataspec
- Hemant Chauhan
- Unisol
Now we need to focus on our filtered/targeted customers. They are all of the ab
ove except the first two.
Weaknesses
1. Strong presence of PMS & Unisolve with local services.
2. Despite of having office in that area we are lacking in service.
3. Less shops covered as compared to market strength.
4. They are having hardware business also & it seems that they are more foc
used on that.
Even the visiting card of theirs does not bear the Marg name anywhere not even a
ny symbol.
What to do – Scope for Imorovement
1. There should be a proper quality check for the existing customers becaus
e these are the strongest vehicle of marketing/advertising through mouthpiece.
2. To tap the new customers, there must be a marketing round up followed ro
utinely to let the market know that Marg is actively following/serving its custo
mers and they will miss its service.
Competitors
- PMS
- KSDS
- IDS
- Unisol
- Samadhan
- Unitech
- Gorakhpur
- Medimax
- Manjeet JhA
Jammu
Company Status :- Almost 95% Retail Market is captured by Marg but there are onl
y few softwares in Wholesale Market.People are aware about Marg.
Dealer Report
Name : Mr .Irshaad
Mr.Irshaad is looking after Jammu and Srinagar. Services provided by him are app
reciatable. Each and every user of Marg was totally satisfied by the services of
local service provider. They recommend the software on usual basis.
Parties were already aware beforehand that Marg Team is going to visit Jammu.
Mr.Irshaad and the team under him was there on the very day we reached Jammu.
Market is aware about the Marg Company. Everyone knows Mr. Irshaad personally; r
emarkable relationship is maintained by the local service provider. He is potent
ial enough to crack the market of Wholesalers too, no need to appoint any other
service provider as everything is well managed by Mr. Irshaad.
Market Status
People are aware about Marg. But most of them think that Marg provides software
for Retail only, they are unaware that it provides software not only for retail
but also fore wholesale, C & f, manufacturing etc. Market is potential; they wer
e impressed by the features. Market responded us very well & we were able to cre
ate a very good Brand awareness in market. Demos were given by Shalendra Sir.
Weaknesses
People are aware about Marg but only to the extent that it provides software for
Retailers only as greater percentage of our software’s are being used by the re
tailers. So, there is need to extend their awareness about the company and also
various products offered by it. Mr. Gurmeet Singh(Jammu Chemist Association)gene
ral secretary is itself using Marg and is impressed by the services provided by
the local service provider but he recommended that the services provided by the
company is not up to the mark, it need to be improved.
Competitors
Unisol is the only competitor available in Jammu. Wholesale market is captured b
y Unisol. Mr. Rakesh is the service provider of Unisol. People are using this so
ftware in Wholesale market from many years. Services are satisfactory as its loc
al person is available in the market.
What to do
Proper follow up of Demo should be taken. Awareness of the company and retail so
ftware is already there in the market, awareness of its various other products i
n pharma should be created and also about its unique features.
Meeting with Mr.Rakesh Gupta (President) already done, he appreciated the softwa
re and was ready to cooperate.
He wanted following details to be mailed by the company:-
• Rate list of Marg Pharmaceutical software
• Discount that the company can offer
• The AMC of the single user and multi-user should be set same by the comp
any.
STATE WISE & OVERALL DATA ANALYSIS
Graphical Interpretations:
PAN INDIA
If we consider the Entire Indian Pharmaceutical market, I am Proud to say that w
e are the number one Pharmaceutical S/w providers in terms of volumes in sales.
But this is not true region wise. If we see the statistical report we find that
we are in number two position in each and every state. This is because of the lo
cal Competitors who have a better reach and stronger network because of home adv
antage .We are still working very hard to establish a monopoly in the market as
we have the S/w equivalent to ERP system. My market research shows that there i
s only one major Competitor “UNISOL” who has a good market share and has establi
shed a Monopoly in some of the cities. Since our product is very strong we have
been able to break our Competitors monopoly to a great extent in various cities.
Unisol is a good s/w but does not stands in our league. I found that Unisol est
ablished monopoly because it got the first mover’s advantage. Even the Unisol S/
W users except that MARG is much superior to their S/w.The S/w quantum in PAN IN
DIA is being shown statistically .
Major Pharma Softwares Across INDIA
*The above graph consists of the sample from Ditributers and retailers only.
*The Manufacturing S/w has not been taken into consideration
Now we see a huge untapped market in form of Manual users. These are the Clients
we need to reach to. The Pharmaceutical market even after the presence of huge
pool of S/w Providers is still untapped and has great potential from MARG’s busi
ness point of View. Although it’s an uphill task to convince Legacy system users
to use Computer, We must not forget that they occupy a major portion of the pha
rma Market Share and hence can’t be neglected. We need to make a constant, force
ful and undying effort to convert Ethical (non- computer) into S/w users, if we
want to continue being the number one S/W providers.
Note: The above graph shows the obvious rise and fall in the no. of customers fr
om markets to markets. This can lead us to concentrate/focus or define our targe
ted markets.
Graph showing the complete data surveyed across the various Regions
Graph showing the complete data surveyed across the various Regions: % wise
We would like to draw your attention towards the parties for which demo has been
finalized & yet no one has visited them.
Party Name Marg Visit Status Follow up Status
Venkateshwar Medical Agency Demo Intrested No Visit.
Maa Sharda Agency Demo Intrested No Visit.
Poonam Agency Demo Intrested Urgent No Visit
Maa Vaishno Enterprises Demo Scheduled on 11-06-09 No Visit
Pradeep Enterprises Demo scheduled on 10-06-09 No Visit
Patna Veterinary Demo scheduled on 12-06-09 No Visit
New Jaishankar Medicos Needs 1 S/W, call him for demo No Visit
This is the status on first ten parties which we have CALLED.
We hope that you would provide the information asked above & will do the follow
up ASAP. This would help in mutual growth .
Thanking You!
MARG COMPUSOFT PVT. LTD.
ASHOK VIHAR ,PHASE -2
CONCLUSION
Now a day’s computerization has become a need of every person whether it’s a chi
ldren at home or a pharmaceutical stockiest. Just by using a software you can ma
ke your work hassle free & less time consuming. We can see the case of Pharmacy
Sector that just by using the software a shopkeeper can keep the whole record of
clients credit, journal entries, bank reconciliation statement, stock maintenan
ce. Earlier it was very tedious job for a shopkeeper to maintain all its records
but now a days everything is available at your fingertip.
Only MARG Chemist Software which is designed to handle every needs of a Chemist
Shop / Pharmacy in most efficient way. The Summer training was all the more inte
resting as I had to travel to different places with a strong marketing team. Wor
k was not the only thing we did, our project Guide Mr. Sudheer Singh understands
very well, how to maintain a healthy work environment . He was in regular touch
with all of us and guided us through-out our tour. To keep the motivational lev
els up he also joined us In Rajasthan where he inspired us to work even harder.
He also accompanied us to various tourist destinations in Jaipur. We moved to di
fferent cities in team consisting of 8 interns, 3 technical persons of the compa
ny namely Mr.Rahul S.Gill , Mr. Amit Kaushik, Mr. Rajesh Kaushik and a finance
manager Mr. Vikas Rana for managing the expenses.
After, the completion of this project I came to know about several aspects of se
rvice industry. How a service can determine the growth of company is very well c
lear from the report. If a service person does not deliver the service on time &
satisfactory enough then it will create a bad word of mouth in the market. This
report clearly shows about the service gap & service failure in various cities.
This report clearly tells that MARG is number one in software in terms of volum
e sales. So, in order to sustain on that position they need to strengthen their
service facilities. Apart from customer relationship management & competitors an
alysis I also researched about service personnel because it’s the people only wh
o makes the difference.
ANNEXURE
The Questionnaire for customer’s S/w customization and customer relationship ana
lysis had a fixed pattern which the customer was supposeill. Some of the Questi
ons are given below.
S.No. Features You are using Using Want to Use Remarks
1 Online Billing
2 Online Accounting
3 Which S/W used by your accountant
4 Purchase Reorder management system
5 Bank reconsilation
6 Payment tagging
7 P.D.C Management system
8 Cheque Bounce & Auto charge bank charges to party
9 Advance cheque management
10 Purchase feeding manual/Import from soft copy provided by your supplier
11 Part Company wise Returns& Brkage Expiry
12 SMS / E-Mail facility
13 Reserve level (Holding stock level for retailers)
14 Stock & sales on Hard Copy/Through Internet
15 Use Power/Boundation to Control pilferage
16 Cash Flow /Fund Flow, Budget, Cost Centers & Target Planning
17 Do you read up upgradations on regular basis
18 Did you open MARG s website
19 Time duration of service Rectification 24 hrs[ ] 48 hrs[ ]
Other [ ]
Please Specify----------------------------------------------------------
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20 Do you think Price paid for the S/W is worth? Yes[ ] No [ ] Cant say
[ ]
21 How is the Behaviour of the service person? Good[ ] Average[ ]
Poor[ ]
Please Specify----------------------------------------------------------
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