Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Project Report
On study of
Marketing Strategy and Promotional Activity of
Fable Food Products PVT. LTD.
Submitted By:
Mitesh Patel
3nd Semester
Roll no. 521113385
Submitted To:
Prof. Pooja medam
Page 1
ACKNOWLEDGEMENT
This research was made possible as per the requirement of the MBA course
under Idea Institute of Management. Many individual took interest and were
supportive of my effort. In fact, many have given me their time generously and
it is not possible to mention all of them here and there act of goodness. I take
the opportunity to place and record my deep sense of gratitude to all who have
helped me in completion of my study.
Mitesh Patel
Page 2
PREFACE
The Project is concern with the market analysis & promotional activity.
The project included as part of MBA Programme and the project is done from
1st March to 31th May.
Page 3
Index
No
Title
Page No
Introduction of Topic
Industry profile
Company Profile
16
Marketing Strategy
36
Promotional Activity
43
SALES PROMOTION
54
COMPETITORS
55
Hypothesis
56
Data Analysis
57
10
Hypothesis Testing
67
11
FINDINGS
69
12
LIMITATION
70
13
71
14
CONCLUSION
72
15
BIBLIOGRAPHY
73
16
QUESTIONNAIRE
74
Page 4
Introduction of Topic
The general field of consumer (customer) awareness research in a manner
expanding upon more general treatises. Whereas the field has been studied from
many perspectives, the most common appearing in the areas of customer
awareness surveys and customer awareness strategy, an alternative approach
will be proposed. Most typically, works on customer awareness survey
measurement take the form of how to form scales and summarize results, and
those on customer awareness strategy take the form of how to generate
satisfied customers and alleviate dissatisfaction. While these are worthy
endeavors, it remains that little in-depth analysis has been performed on
conceptually-based managerially actionable strategies within the satisfaction
response.
Page 5
Page 6
Page 7
Good
In there is no midpoint and respondents who believe that the feature is neither
bad nor good are forced to commit themselves to answering with a 3 or with a
4, the first suggesting modestly negative feelings, the second modestly
positive. For the above and other reasons, use five to seven points. Three is
permissible if attention spans, brevity, or respondent fatigue operate, while 5point scales work nicely for chances-in 10 responses.
Page 8
Industry Profile
The dairy industries companies run mainly on the factors such as Price,
availability, service frequency, affordability, taste and marketing. Price plays a
vital role because purchasing power is depend upon price and availability of that
product, in case distributors and retailers service matter a lot in Institutional
business.
From chronic shortages of milk, India has emerged today as the largest
producer of milk in the world crossing 97 million tones. It is 'The Oyster' of the
global dairy industry. It offers opportunities galore to entrepreneurs worldwide,
who wish to capitalize on one of the world's largest and fastest growing markets
for milk and milk products. A bagful of 'pearls' awaits the international dairy
processor in India. The Indian dairy industry is rapidly growing, trying to keep
pace with the galloping progress around the world.
Page 9
Page 10
Milk Production
India's milk production increased from 21.2 million MT in 1968 to more
than 100 million MT in 2008-09.
India is the largest producer of Milk in the World (replacing USA)
Per capita availability of milk presently is 250 grams per day, up from
112 grams per day in 1968-69.
India's 3.8 percent annual growth of milk production surpasses the 2
percent growth in population; the net increase in availability is around 2
percent per year.
Page 11
Innovation
Bulk-vending - saving money and the environment.
Milk travels as far as 2,200 kilometers to deficit areas, carried by
innovative rail and road milk tankers.
Ninety-five percent of dairy equipment is produced in India, saving
valuable foreign exchange.
Macro Impact
The annual value of India's milk production amounts to about Rs. 900
billion.
Dairy cooperatives generate employment opportunities for some 12
million farm families.
Dairy Farming is the single largest contributor to the economy(5% of
GDP &13% of employment)
Dairy industry represents a huge opportunity being the largest single
FMCG Market.
Page 12
OPERATION FLOOD
Programme implementation:
Operation Flood was implemented in three phases.
Phase I
Phase III Phase III (1985-1996) enabled dairy cooperatives to expand and
strengthen the infrastructure required to procure and market
increasing volumes of milk. Veterinary first-aid health care
services, feed and artificial insemination services for cooperative
members were extended, along with intensified member education.
Page 13
Page 14
No.
1
Name Of Company
Andhra Pradesh Dairy Development Cooperative Federation Ltd
(APDDCF)
Maharashtra
Rajya
Sahakari
Maryadit
Dugdh
Mahasangh
(Mahasangh)
10
11
12
13
14
15
West
Bengal
Cooperative
Milk
Producers'
Federation
Ltd.
(WBCMPF)
Page 15
Company Profile
Page 16
Our All Products range are agrmark, Our company is certified with ISO
22000 for food safety management system . We provide pure ghee natural and
having aroma, and rich in traditional taste. These are produced at hygienic
environment. We are trusted names in processing and offering Pure ghee also
known as clarified butter that is produced from fresh cream using the traditional
crme based method. This method guarantees uniform granulated texture & a
natural rich aroma.
Page 17
Dairy products are vital elements of our diet as they supplement us with
the most required lot of nutrients to strengthen our body, particularly our bones.
We at Fable Food Products PVT LTD. Are entirely and closely associated with
this philosophy of building a healthy and energetic nation through its range of
pure quality dairy products. Offering a perfect blend of taste and health with our
range of delectable dairy products.
Page 18
Our Products
AABAD
Shraddha
Sorath
Shree Vallabh
Page 19
Introduction
Dairy products have been part of human diet for millennia. They play an
important role in a healthy diet, both for nutritional value and personal
enjoyment either consumed alone or in recipes.
Usages
Pure ghee is considered to be divine and is burnt in the Hindu religious
ritual of Aarti. It is an integral part of marriages and functions of all
communities. Normally when babies are fed solid food for the first time it will
be pure ghee & dhal rice which is considered to be divine and healthy.
Medicinal Value
Pure ghee is an integral part of the science of ayurvedic herbal
formulation. Since ghee is oil, it can bond with lipid-soluble nutrients and herbs
to penetrate the lipid-based cell membranes of the body.
Digestion
The ayurvedic texts say that pure ghee helps balance excess stomach
acid and helps maintain/repair the mucus lining of the stomach.
Page 20
Mild Burns
Like aloe, pure ghee is said to prevent blisters and scars if applied quickly
to affected skin.
Ayurvedic Balance
Ghee balances both Vata (the ayurvedic mind/body operator that
controls movement in mind and body) and Pitta (the operator that controls
heat and metabolism).
Ghee has been given the cherished title of "rasayana" in ayurveda -- preeminent herbs and foods that help overall health, longevity and well-being
Fable Foods had its humble beginnings in a umargaon of Gujarat in the year
1980 it is founded by Shri Vallabhbhai Vadodariya. Being a firm believer in
business ethics and sound trade practices, he created an enterprise, based on
honesty , consistency,trust and commitment.
Page 21
BSCIC has been providing their value added certification and inspection
services to the Government, Public and Private Sector Organizations involved
in land, offshore, marine activities. It is a professional organization backed by
devoted, highly qualified and experienced personnel. We provide a wide
spectrum of customer oriented certification and inspection services in an
efficient and cost effective manner.
Page 22
BSCIC has also been directly certified with IRCA (International Register
of Certificated Auditors) to deliver ISO 9001(Quality Management System) &
OHSAS 18001 (Occupational Health and Safety Management System) Auditor/
Lead Auditor Training Courses
Page 23
Page 24
In May 2005 there was an official organizational decision no. 52 for the
year 2005 from H. H. Sheikh Hamdan Bin Rashid AlMaktoum to establish the
Dubai Accreditation Center (DAC) within Dubai Municipality reporting directly
to the director general of Dubai Municipality.
Page 25
As per Regulation 2 for the year 2010 which was issued by Dubai
Executive Council, the accreditation in Emirates of Dubai is compulsory in
Health, Safety and Environment Fields, by that conformity assessment bodies
working in the above mentioned fields are required by the regulation to be
accredited.
Page 26
Page 27
Page 28
ISO 22000:2005
ISO 22000:2005 sets out the requirements for a food safety management
system and can be certified to. It maps out what an organization needs to do to
demonstrate its ability to control food safety hazards in order to ensure that food
is safe. It can be used by any organization regardless of its size or position in the
food chain.
Page 29
Page 30
What is ISO?
ISO (International Organization for Standardization) is the worlds largest
developer of voluntary International Standards. International Standards give
state of the art specifications for products, services and good practice, helping to
make industry more efficient and effective. Developed through global
consensus, they help to break down barriers to international trade.
What we do
ISO develops International Standards. We were founded in 1947, and
since then have published more than 19 500 International Standards covering
almost all aspects of technology and business. From food safety to computers,
and agriculture to healthcare, ISO International Standards impact all our lives.
Page 31
Page 32
OTHER CERTIFCATE
Hygiene Policy
Page 33
Page 34
Page 35
Marketing Strategy
4 PS OF MARKETING
Product
AABAD
Page 36
Shraddha
Page 37
Sorath
Page 38
Shree Vallabh
Page 39
Pricing
Product Name
Aabad
162
Shraddha
162
Sorath
162
Shree Vallabh
162
Product Name
Aabad
325
Shraddha
325
Sorath
325
Shree Vallabh
325
Page 40
Place
Page 41
Promotion
Page 42
Promotional Activity
Advertisement is a way of communication between the buyer and seller.
Being a co-operative firm, its main aim is social service. So, Rajkot dairy
doesnt believe in advertisement expense. Even if, to inform the public about
products, they (marketing staff) use the following method of publicity.
Through wall painting
Advertising in newspaper
Pamphlets.
Hording Boards
Banners
TV ads
Page 43
Hording Boards
Hording Design 20 X 10
Dakor
Page 44
Morbi
Nadiyad
Page 45
Palitana
Page 46
Page 47
Advertising in newspaper
Is any non personal paid form of communication using any form of mass
Public. Fable Food Products is advertising in 2 newspaper SANDESH and
GUJARAT SAMACHAR.
&
Page 48
Page 49
Banners
Page 50
Bags
Page 51
Page 52
TV Ads
TV9 GUJARAT, A REGIONAL NEWS CHANNEL IS TOPPING THE
CHARTS SINCE PAST TWO YEARS IT COVERS 25% OF TOTAL
VIEWERSHIP IN THE STATE.
Page 53
SALES PROMOTION
The sales promotion is the most important matter which is the most with
business activity. Marketing promotion communicate marketing in formation to
consumer and resellers.
For the sales promotion dairy has some main aspects such as:
Quality Orientation
Consumers visit to a plan
Visitors opinion
Page 54
COMPETITORS
Page 55
Hypothesis
H1
Research Design
It is the specification of the methods and procedures for acquiring he
information needed. It is overall operational pattern or framework of the project
that stimulates what information is to be collected, from which source and by
what procedure. The three types of design used are exploratory, descriptive and
causal for this research the descriptive design was used. This is because it is
marked by the prior formulation of specific research questions. It has a
preplanned and structure design. For descriptive study proposed data analysis
and project output are critical aspects. It was decided that the users of various
mobile companies would be used as the primary source of data.
Research Type
Exploratory
Sampling Method
Sampling Unit
Sampling Size
25
Data
Primary Data
Collection
Secondary Data
Method
Internet
Page 56
Data Analysis
Q. 1) Average daily sales?
10 50
20
50 100
10 50
50 100
More Then 100
10 50
80%
Page 57
Satisfactory
10
Average
10
Unsatisfactory
Average
40%
Page 58
Amul
10
Mother Dairy
10
Sagar
Gopal
Gowerdhan
Competitor
Sagar
8%
Gopal
4%
Gowerdhan
8%
Amul
40%
Amul
Mother Dairy
Sagar
Mother Dairy
40%
Gopal
Gowerdhan
Page 59
Shraddha
Sorath
Shree Vallabh
20
Sales
AABAD
4%
Shraddha
8%
Sorath
8%
AABAD
Shraddha
Sorath
Shree Vallabh
Shree Vallabh
80%
Page 60
1 Ltr
20
Package Size
500 ml
20%
500 ml
1 Ltr
1 Ltr
80%
Page 61
25
Mother Dairy
20
Sagar
20
Gopal
15
Gowerdhan
15
Other Products
Gowerdhan
16%
Amul
26%
Gopal
16%
Amul
Mother Dairy
Sagar
Gopal
Gowerdhan
Mother Dairy
21%
Sagar
21%
Page 62
2
3
10
10
Stock
10 Packages
8%
More then 50
Packages
40%
20 Packages
12%
10 Packages
20 Packages
30 Packages
More then 50 Packages
30 Packages
40%
Page 63
0
5
15
10
stock
Absence of packing
date
0%
Low margin
17%
Low distribution
33%
Absence of packing date
Low margin
No replacement for leakage
Low distribution
No replacement for
leakage
50%
Page 64
15
10
Satisfied
NO
40%
YES
YES
60%
NO
Page 65
20
5
Retailers
NO
20%
YES
NO
YES
80%
Page 66
Hypothesis Testing
H1
Satisfied
15
Exposure
10
Total
25
NO
10
15
25
Total
25
25
50
EXPECTED FREQUENCY(E)TABLE
Factor
Satisfied
Remain
Total
Yes
12.5
12.5
25
No
12.5
12.5
25
Total
25
25
50
Page 67
CHI-SQUARE TABLE
(O)
(E)
(O-E)2
15
12.5
6.25
0.5
10
12.5
6.25
0.5
10
12.5
6.25
0.5
15
12.5
6.25
0.5
X2
2.0
Page 68
FINDINGS
The awareness level of Fable food products in bulk users is around
70% but only 30% are using Fable food products.
The preference of purchasing ghee by the bulk users is mainly quality,
price and timely availability.
Higher price that is not meeting the competitors rate as bulk user are
very price sensitive. Other dairies are providing higher margin.
Amul is main competitor and strategically better performer then Fable
food products.
In its advertisement is not using any brand ambassador which attracts
all age group people.
Page 69
LIMITATION
The survey can not be termed 100% accurate due to lack of time and
time and cost only 25 users had been studied. Thus the scope of study
is limited in terms of no. of respondent.
The study was conducted in Gujarat only, so the limited area of the
study may affect the conclusions
The lack of candidness of respondent towards answering the
questionnaire in few cases may have reduced the accuracy of survey to
some extent.
Despite the unbiased opinion and efforts the possibility of technical
exceptions cannot be ruled out.
The statistical analysis with various automated tools might have
computational errors.
Page 70
Page 71
CONCLUSION
This project was about the ghee segment of Fable food products which
due to intense competition from its competitors is continuously losing its
market share. So in this project different parameters on which the sale of
Fable food products depends are studied and analysed from the distributor ,
retailer and consumers perspective. The final outcome of the project is that
the parameters which make decision regarding the purchase of ghee are
Price , Quality, Smell , Taste , Advertisement and Awareness. Ghee
market is a totally unpredictable market and the organisation should be overcautious of any complaints that come into ghee as it includes the sentiments
of a mother for her family and she would not prefer to give anything to her
family for which she is not 100% satisfied. So the company should take
every step possible to contain these problems which in some way or the
other affects the sale of Fable food products and its retailers.
Page 72
BIBLIOGRAPHY
Web-Site
www.indiadairy.com/tech_list_dairyplants.html?
http://www.bsc-icc.com/index.html
http://www.dac.dm.ae/DAC/Major/Aboutus/AboutUs.htm
http://www.iso.org/iso/catalogue_detail?csnumber=35466
Page 73
QUESTIONNAIRE
Name :Contact No :-
Page 74
Amul
Mother Dairy
Sagar
Gopal
Gowerdhan
Page 75
Page 76