Management Thsis On Rajasthan Patrika PDF
Management Thsis On Rajasthan Patrika PDF
Management Thsis On Rajasthan Patrika PDF
Management thesis on
Social Marketing activities and generating brand awareness and brand loyalty its
media sources in Jodhpur
Submitted in
Partial fulfillment of
The Post Graduation Degree
Of
Submitted to:
Submitted By :
PADAM SINGH
(Sip intern in Rajasthan Patrika)
Sip center, Jodhpur
6ND12448
( 2006 - 2008 )
ACKNOWLEDGEMENT
I think, it is my duty to give my sincere thanks to all those who have helped me in some or the
other way for preparation of my Project Report.
Im also thankful to my father and mother getting me jump over this task. My friends,
classmates and specially my faculties are also part of this acknowledgment.
PADAM SINGH
(MBA/PGPBA)
2006-08
INDEX
1) Objective of study -------------------------------------------------------------- 4
2) Executive Summary ----------------------------------------------------------- 5
3) Introduction to Media Industry --------------------------------------------- 7
a) The Global Media System ----------------------------------------------- 7
b) Globalization Of Indian Media ----------------------------------------- 11
c) Current Scenario ---------------------------------------------------------- 14
Executive Summary
Prior to the eighties and nineties, national media system was typified by domestically owned
radio, television and newspaper industries. There was major import markets for films, TV
shows, music and books, and these markets tended to be dominated by U.S. based firms. But
local commercial interests, sometimes combined with a state-affiliated broad- casting service,
predominated within the media system. All of this is changing rapidly .Whereas previously
media system was primarily national, in the past few years a global commercial-media market
has emerged.
The commercialization of the electronic media was given a boost as globalization hit India,
bringing about the transformation on Indian television in the early 1990s, accelerated by the
combined impact of new communication technologies and the opening up of global markets.
Economic liberalization, deregulation and privatization contributed to the expansion of Indian
media corporations, facilitated by joint ventures with international media conglomerates.
According to a recent survey made by MPA an ITV, India is the third largest TV market in the
world with 109 million television homes and 61 million cable TV homes. It is also the fastest
growing cable TV market in Asia with industry turnover growing at an average annual rate of
18n per cent to approach $3 billion in 2004. According to a detail opening presentation made by
MPA and ITV, India is the third largest TV market in the world with 109 million television
homes and 61 million cable TV homes. It is also the fastest growing cable TV market in Asia
with industry turnover growing at an average annual rate of 18n per cent to approach $3 billion
in 2004.
A newspaper plays a crucial role in society. Besides providing information to its readers, a
newspaper aims at educating and leading the public at large and protecting rights and freedom
of the people. Giving right perspective to the facts, providing a forum for debate and discussion,
inspiring people for cooperation, love and unity, improving quality of life and entertainment are
some of its other goals. A newspaper is, therefore, an instrument of social change. It must
uphold moral and ethical values in society, provide a truthful, comprehensive and intelligent
account of events, and give meaning to them. Undoubtedly, a newspaper must act with
responsibility, be fair and independent, and neutral and objective. Therefore, a newspaper must
follow the tenets of journalism.
In this project I more concern only on the social activity and customer loyalty for generating
brand awareness.
Rajasthan Patrika is a Hindi lanaguage daily newspaper published from Jaipur and other major
cities in Indian state of Rajasthan and also from Banglore, Surat, Ahmadebad and
Channai.Company was established in 1956. And founder of the company is Kapoor Chandra
Kulish. And the head Department of the company is situated in the Sun City (Jodhpur), Manji
Ka Hatha Poata. Opposite ICFAI national college. Company publish his news paper not only
Rajasthan, other parts of country. Company has its own news channel on local cable network,
and relay some serials .who give report on public awareness and crime report of the week, and
also give report on, What happened in all over Rajasthan in per week .for his readers company
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have different policies like gift system and participate in social activity like as for saving water
(AMRTAM JALM) and student is Patrika in Education program in summer vacation
Rajasthan Patrikas Patrika in education (PIE) is the educational wing of the Rajasthan Patrika.
It has been organizing activates for the masses for the student and youth.
Major strength of the company his previous record and quality of printing and paper truth ness
of the all news that is written in the news paper and some facilities, which is differentiate to his
competitor like, its Granted gift program in end of every month and Patrika in education in
every summer vacation for all type of student and Amrtam Jalm for public awareness and
increasing customer strength in every year or RAJASTHAN PATRIKA already have leading
share in the market. And involvement of Rajasthan Patrika in social activity and connection
with many charitable trust. it Company have many features in their product, if we see news
paper of Rajasthan Patrika, there are many additional colour paper for his reader. And they have
a separate paper for all reader. For youth news paper has Bollywood and Patrika Ravivariya and
for ladies Patrika has Parivar .and for child, Patrika has a magazine called chottu mottu. This
news paper always gives updated news not copied by other .its Editorial paper is one of the
major strength of his. It is very special paper .because in this paper a critical matter is given that
is related to political and social. Rajasthan Patrika news paper always has little for the
advertisement that is so the news paper has more news then other news paper .now days
Rajasthan Patrika has its own news channel and music channel. It means if any person not have
time for reading news paper then he /she can watch these news on Patrika news channel. And its
news channels telecast viewer. Its viewer can see song on his or her choice .Patrika is started a
new program called Patrika in Education .it is totally no profit no loss program for Patrika
.but this program always increase goodwill of the company. On news channel Patrika telecast
only news and much discussion and criticize relevant topic. As we know that Patrika also
telecast some serial on national network. These serial gives more news related to only own state
and many awareness program for people of Rajasthan. And also give information about our
culture and our great history. The price of paper is less then to his competitor .so it is also one
major strength for its company. Patrika has 17th edition in all over India. And its customer figure
and its edition so popularity in all over India .Patrika get all type of award related to media
industry it is big strength of company.
By nearly all accounts, the level of concentration is only going to increase in the near future.
Rupert Murdochs News Corporation may be the most aggressive global trailblazer, although
cases could be made for Sony, Bertelsmann, or AOL-Time Warner. Murdoch has satellite TV
services that run from Asia to Europe to Latin America. His Star TV dominates in Asia with
thirty channels in seven languages. News Corporations TV service for China, phoenix TV, in
which it has a 45 percent stake, now reaches forty-five million homes there and has had an 80
percent increase in advertising revenues in the past year. And this barely begins to describe
News Corporations entire portfolio of assets: twentieth Century Fox films, Fox TV network,
HarperCollins publishers, TV station, cable TV channels, magazines over 130 newspaper, and
professional sport teams.
Why has this taken place? The conventional explanation is technology; i.e. radical improvement
in communication technology makes global media empires feasible and lucrative in a manner
unthinkable in the past. This is similar to the technological explanation for globalization writ
large. But this is only a partial explanation, at best. The real motor force has been the incessant
pursuit for profit that marks capitalism, which has applied pressure for a shift to neoliberal
deregulation. In media this means the relaxation or elimination of barriers to commercial
exploitation of media and to concentrated media ownerships. There is nothing inherent in the
technology that required neoliberalism; new digital communication could have been used, for
example, to simply enhance public service media had a society elected to do so. With neoliberal
values, however, television, which had been a noncommercial preserve in many nations,
suddenly became subject to transnational commercial development. It has been at the center of
the emerging global media system.
Once the national deregulation of the media began in major nations like the united state and
Britain, it was followed by global measures like the North America Free Trade Agreement and
the formation of the World Trade Organization, all designed to clear the ground for investment
and sales by multinational corporation in regional and global market .this has lay foundation for
the creation of the media system, dominated by the aforementioned conglomerates. Now in
place, the system has its own logic. Firms must become larger and diversified to reduce risk and
enhance profit making opportunities, and they must straddle the globe so as to never be
outflanked by competitors .this is a market that some anticipate having trillions of dollars in
annual revenues within a decade. if that is to be the case ,those companies that sit atop the field
may someday rank among the two or three dozen largest in the world .
The development of the global media system has not been unopposed. While media
conglomerates press for policies to facilities their domination of the markets throughout the
world, strong traditions of protection for domestic media and cultural industries persist. Nations
ranging from Norway, Denmark and Spain to Mexico, South Korea keep their small domestic
firm production industries alive with government subsidies. In the summer of 1998, culture
ministries from 20th nations, including Brazil, Mexico, Sweden, Italy, and Ivory Coast, meet in
Ottawa to discuss how they could build some ground rules to protect their cultural fare from
the Hollywood juggernaut. Their main recommendation was to keep culture out of the control
of the WTO. A similar 1998 gathering sponsored by the United Nation in Stockholm,
recommended that culture be granted special exemptions in the global trade deals. Nevertheless,
the trend is clearly in the direction of the opening markets.
Proponents of the neoliberlisem in every country argue cultural trade barriers and regulation
harm consumers, and that subsidies inhibits the ability of the nations to devolve their own
competitive media firms. There are often strong commercial media lobbies within nations that
perceive they have more to gain by opening up their borders than by maintaining trade barriers.
If the WTO is explicitly a pro-commercial organization, the international telecommunication
union(ITU),the global regulatory body for telecommunication, has only become one after a long
march from it traditional commitment to public service values. The European Commission
(EC), the executive arm of the European Union, also finds itself in the middle of what
controversy exists concerning media policy, and it has considerably more power than ITU. On
the one hand, the EC is committed to building powerful pan-European media giants that can go
toe-to-toe with the U.S. based giants. On the other hand, it is committed to maintaining some
semblance of competitive markets, so it occasionally rejects proposed media mergers as being
anti-competitive. Yet, as a quasi democratic institution, the EU is subject to some popular
pressure that is unsympathetic to commercial interests. As Sweden assumed the rotating chair of
the EU in 2001, the Swedes began pushing to have their domestic ban on TV advertising to
children made into the law for all EU nations. If this occurs it will be the most radical attempt
yet to limit the prerogatives of the corporate media giants that dominate commercial childrens
television.
Perhaps the way to understand, how closely the global . Commercial media system is linked to
the neoliberal global capitalist economy is to consider the role of advertising. Advertising is a
business expense incurred by the largest firms in the economy. The commercial media system is
the necessary transmission belt for business to market their wares across the world; indeed
globalization as we know it could not exist without it. A whopping three quarters of global
spending on advertising ends up in the pockets of a more twenty media companies. Ad spending
has grown by leaps and bounds in the past decade, as TV has been opened to commercial
exploitation, and is growing at more than twice the rate of GDP growth. Latin American ad
spending, for example, is expected to increase by nearly by 8 percent in both 2000 and 2001.
The coordinators of this $350 billion industry are five or six super ad agency owning
companies that have emerged in the past decade to dominate totally the global trade. The
consolidation in the global advertising industry is just as pronounced as that in global media,
and the two related. Mega-agencies are in a wonderful position to handle the business of the
mega clients, one ad executive notes. It is absolutely necessary for agencies to consolidate.
Big is the mantra. So big it must be, another executive stated.
There are a few other points to make to put the global media system in proper perspective. The
global media market is rounded out by a second tier of six or seven dozen firms that are national
or regional powerhouses, or that control niche market, like business or trade publishing.
Between one third and rest are from western Europe and Japan. Many national and regional
conglomerates have been established on the backs of publishing or television empires. Each of
the these second tier firms is a giant in its own right, often ranking among the thousand largest
companies in the world and doing mare than one billion dollars per year in business. The
rooster of second tier media firms from North America including Tribune Company, Dow Jones
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gannet, Knight-Ridder, Hearst, and advance publication, and among those from Europe are the
Krich group, Mediaset, Prisa, Pearson, Reuters and reed Elsevier. The Japanese companies.
Aside from Sony remain almost exclusively domestic producers.
Together, the seventy or eighty first and second tier giant controls much of the worlds media:
book magazine and newspaper publishing; music recording; TV production; and motion picture
theaters. The end result of all activities by second tier media firms may well be the eventual
creation of one or two more giant, and it almost certainly means the number of viable media
players in the system will continues to plummet, some new second tier firms will probably be
further upheaval among the ranks of the first tier media giant.
The global media system is only partially competitive in any meaningful economics sense of
the term. When Varity compiled its list of the fifty largest global media firms for 1997, it
observed that merger mania and cross-ownership had resulted in a complex web of
interrelationship that will make you dizzy.
This point cannot be overemphasized. in the competitive market, in theory, numerous producers
work their tails off largely oblivious to each as they sell what they produce at the market price,
over which they have no control. At a certain level, it is true these firms compete vigorously in
an oligopolistic manner. But they all struggle to minimize the effect of competition. Todays
media firms are called co respective competitors typical of situations with high level of
monopolization rather than classical competitors in an anonymous dog-eat-dog world as
assumed in much of economics theory. The leading CEOs are all on a first name basis and they
regularly converse. Even those on unfriendly terms, like
Murdoch and AOL-Time Warners Ted Turner understand they have to work together for the
greater good. As the head of Venezuelas huge Cisneros
group, which is locked in
combat over Latin American satellite TV with
News Corporation, explains about Murdoch,
were friends. Were always talking. Moreover, all the first and second tier media firms are
connected through their
Reliance upon a few investment banks like Morgan Stanley and
Goldman Sachs that quarterback most of the huge media mergers. Those two banks alone put
together fifty two media and telecom deals valued at $433 billion in the first quarter of 2000,
and 138 deals worth $433 billion in all of 1999.
The internet is increasingly becoming a part of our media and telecommunication systems, and
a genuine technological convergence is taking place. Accordingly, there has been a wave of
Mergers between traditional media and telecom firms, and by each of these with internet and
computer firms. Already companies like Microsoft, AOL, AT&T and Telefonica have become
media player in their own right. It is possible that the globel media system is in the process of
conversing with the telecommunications and computer industries to form an integrated global
communication system, where anywhere from a six to a dozen super companies will rule the
roost. The nation that the internet would set us free, and permit anyone to communicate
effectively, hence undermining the monopoly power of the corporate media giant, has not
transpired. Although the internet offers extraordinary promise in many regards, it alone cannot
slay the power of the media giants. Indeed, no commercially viable media contact site has been
launched on the internet, and it would be difficult to find an investor willing to bankroll any
additional attempts. To the extent the internet becomes part of the commercially viable media
system, it looks to be under the thumbs of the usual corporate
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language of the youth of a libersied and modern India. While a form of Hinglish had been in
existence in urban north India for decades, it was popularized by Zee TV, Indias first domestic,
Hindi language private television, lunched I 1992.
Globalization of Indian Media:
The emergence of network such as Zee raises interesting question. It is indisputable that the
proliferation of satellite and cable television channels, made possible with digital technology
and growing availability of communication satellites, has contributed to the increasing diversity
of the global cultural landscape. The role of television in the constriction of social and cultural
identities is more problematic in the age of globalization than in the area of a single national
broadcaster and a shared public space, such as characterized television in most countries in the
post-war years. Though national broadcaster continue to be important in most countries and still
receive the highest audience shares, the availability of a multiplicity of television era, a viewer
can have simulators access to a verity of local, regional, national and international channels,
thus being able to engage in different levels of mediated discourses.
A clear analysis of the complex process of international cultural flow reveals that the traffic is
not just one way, from north to south, even though it is overly weighed in the favors of the
former. Evidence show that new transborder television network are appearing, with some flow
from the periphery to the metropolitan centers of the media and communication corporations.
The extension of satellite footprints and the growth of DTH broadcasting have enabled network
such as Zee to operate in an increasingly global environment , feeding into and developing what
has been called as he emergent diasporas public spheres.(Appadurai,1996)
The deregulation of broadcasting, which has been a catalyst for the extension of private
television networks, has also made it possible for private satellite broadcasters to aim beyond
the borders of the country where they are based- unlike state broadcaster who have traditionally
seen their role in terms of the nation state. Apart from the major powers, whose broadcasting
has had an international dimension, most public broadcasters, particularly in the south, saw their
audience as a domestic one. By contrast the private channels, primarily interested in markets
and advertising revenues, had a more liberal media agenda. This basic difference between statecentric and market-oriented broadcasters into the lucrative northern markets, conglomerates has
given them the technical and managerial support to operate as a transnational channel.
Globalization and the advent of satellite television ensured that the migrant communities of
South Asians in the middle East, Europe and North America became a new target as audiences
and consumers .(Jacka and Ray,1996) Zee was among the first to recognize the potential of
overseas markets for its programming. In its zeal to rope in pan-India audiences scattered
through the world, Zee developed a new idiom which by virtue of sheer reach of the medium
contributed to making Indian television available internationally. After Star TV purchased 50
per cent of Asia Today (the Hong Kong based broadcaster of the Zee TV) in 1993, it became
Zees partner in India and beyond. Facilitating their 1992 launch in the Middle East, Zee TV
entered the lucrative British market in 1995, when it bought TV Asia, already established in the
UK. By 2000, Zee was available on the sky network and claimed to have one million
subscribers in the UK continental Europe. It became one of the Hindi and four channels to go
digital in the UK, offering programming in Hindi, Urdu, Gujarati and Punjabi. Having acquired
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a base in the UK, Zee expanded into mainland Europe and is also very popular in Africa based
platforms operators, multi choice.
Today, Zee claims to be the worlds largest Asian television network, covering Asia, Europe,
US and Africa and catering to the Indian Diaspora. In Asia where it boasts a total viewer ship of
180 million, the networking spans morethan4 countries and offers round-the-clock
programming on four channels-Zees TV, Zee cinema, Zee India and Music Asia. Having
reached more than 23 million homes in the Indian sub continent and United Arab Emirates, Zee
strategy is to expand its operations in the lucrative north America market.
In recent years India has witnessed extraordinary growth and overseas success in computer
software and cinema exports, making it a global force to be reckoned with. (Power and
mazumdar, 2000) A recent report on the Indian entertainment business prepared for the
federation of Indian entertainment industry, currently valued at Rs. 154 billion ,will grow to
nearly Rs. 600 billon by 2005.according to the report, Indian films exports, worth Rs. 4.5 billon
in 1999, are estimated to rise to nearly Rs. 120 billion by 2005 ; the Indian music market,
currently pegged at Rs. 12.5 billon, is projects to touch Rs. 22 billon, and TV software revenues
are expected to soar from the present Rs. 12 billon to Rs. 90 billion in 2005.(Shedde,2000)
The unprecedented expansion of television in the 1990s has also been a boost for the movie
industry, as many first dedicate film-based pay-channels haves emerged. In June 2000, the first
first international Indian film awards, billed as the Bollwood Oscars ceremony from
Londons millennium done, was broadcast millennium Dome, was broadcast to more than 122
countries reaching 600 million viewers. It brought together along with Indian film and music
stars US Oscar winner Angelina Joile, Chinse star Jackie Chan and Australian pop singer Kylie
Minoge. (The times of India, 2000)
However, the increasingly international orientation of television seems to have excluded the
majority of Indian people (the poor, especially those living in the countryside) who are
remarkably absent from programmers on channels such as Zee. According to a 1998survey, less
than two per cent of Zee viewers live in rural areas. (Satellite &Cable TV, 1999) a socially
relevant television agenda, therefore, does not fit well with the private television networks,
which appear to be interested only in the demographically desirable urban middle class or the
NRIs with the disposable income to purchase the products advertised on such channels.
Given these constraints a development-oriented television remains largely under-explored,
primarily because it does not interest advertisers. It is ironic that the country that pioneered the
use of space technology for education, with the satellite instructional television Experimental
(SITE) of 1975-76, which brought TV to the poorest villages the most inaccessible area, and
where 40 per cent of the population is still illiterate- according to the United Nation, 30 per cent
of all Indian children aged six to 14 years, about 59 million children, do not attend school-has
ignored the educational potential of television.(UNDP, 2000)
Though Doordarshan receives substantial support from the government, which extended its
reach and added new channels (in 2000. it had 21 channels), it is under pressure to provide
entertainment as well as education. One result of such competition is the ideological shift in
television cultural from public service to profit oriented programming. The growing
commoditization of information and the trend towards western inspired entertainment can affect
the public service role of television, whose egalitarians potential remains hugely under-explored
in India. (Thussu, 1998).
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As television ids driven by the rating wars and advertising demand for consumers, and given
that visual can be a powerful instrument for propagating dominant ideology, the electronic
media can play a key role in creation of a marketplace in which their corporate clients can
consolidate and expand. Rather then toeing the government line as used to be the case with state
broadcasters, are networks such as Zee instead promoting a corporate worldview?
Internationally, despite a counter flow of cultural products, as exemplified by networks such as
Zee, US led western media domination has not diminished. There is a temptation to valorize
such a flow, suggesting it may have the potential to develop counter-hegemonic channels at a
global level. Indeed, as seen in the case of Zee the network has been modeled after transnational
corporation as a market-driven organization for whom the most important consideration is to
make a profit. Therefore, it can be safely said that the emergence of regional players
contributing to a decent red media and cultural imperialisms is not likely to have a significant
impact on western hegemony within global media cultures.
Current Scenario:
According to a recent survey made by MPA an ITV, India is the third largest TV market in the
world with 109 million television homes and 61 million cable TV homes. It is also the fastest
growing cable TV market in Asia with industry turnover growing at an average annual rate of
18n per cent to approach $3 billion in 2004. According to a detail opening presentation made by
MPA and ITV, India is the third largest TV market in the world with 109 million television
homes and 61 million cable TV homes. It is also the fastest growing cable TV market in Asia
with industry turnover growing at an average annual rate of 18n per cent to approach $3 billion
in 2004.
Yet, while consumptions of programming (both niche and mass ) remain robust, the television
driven media economy has room for much greater expansion with TV industry turnover
representing only 0.46 per cent of national GDP while TV advertising spend represents only
0.17 per cent of GDP, trailing major regional consumer media markets such as China (0.23 per
cent) and Korea(0.34)
Content providers are scaling up well in terms of turn over worth the latest annualized fiscals
showing the Big Three (Zee, Star, and Sony)
With aggregated consolidated turnover in excess of $830 million (Zee leading with
$309million, a narrowly followed by Star with 302 million), though Chinas leading broadcaster
CCTV outstrips this alone with its FY 2004 turnover coming in just below $970 million.
The concern is the lack of major cash generative and consolidated distribution company
average turnover for Indian multi system operators (Siti cable, Hathway, in cable runs at about
$30 million per annum while Korean and Chinese multi system operators with comparable
ARUPs typically average $100 million to $200 million per annums
Profit leakage in the distribution chain remains rife and Indian MSOs are hurting badbroadcasters are keeping things at bay with $270 million in fees per annum while LCOs retain a
hefty $1.5 billion a year.
Critical to the future is both regulation- gradually progressive in certain areas (DTH licensing
FDI and FII norms) and potentially harmful in others (anti-siphoning, content censorship, rate
regulation and must provide) and competition, which will increase as the distribution of TV
14
channels over cable, satellite and broadband networks be gain to accelerate, driven by continued
investment programming and greater investment in delivery infrastructure.
Such a process will help unlock value for all industry stakeholders and push the market towards
digital led addressability. while programming investment continue apace to the approximately
$350 million -$450 million per annum, the first wave of investment in digtal pay TV
distribution has begun with $500 million being invested into the distribution of pay TV
channels and interactive service over DTH satellite ; cable and telephone infrastructure ,led by
major group such as Zee Teleflims , Tatas ,News Corp., Reliance , Sun Media,Prasar Bharti ,
Atlas , the Rahejes and Hindujas TM.
The current market capitalization of media companies is around $3-$3.5 billion and could scale
up to $20 billion by 2010. Profits in the TV industry, currently running at $350 million, in
aggregate, could also scale up exponentially-current cash flow is growing at about 17 per cent
annum.
RAJASTHAN PATRIKA-PROFILE
Rajasthan Patrika a leading newspaper of Rajasthan was launched on 7th March, 1956 in
Jaipur. The rise of Rajasthan Patrika from a local quarter size single sheet evening daily to a
full-fledged, sixteen page morning newspaper with supplements all days of week, commanding
a state wide circulation is a saga of the trails, travails and tribulations faced by its founders,
proprietor and editor, Mr. Kapoor Chand Kulish, and his team of editors and managers. From
its modest beginning, it has during its 50 years of publication grown into a stable institution.
The journey spanning nearly 5 decades has seen the development of publication from sixteen
more centers, viz. Jodhpur, Udaipur, Kota, Bikaner, Sikar, SriGanganagar, Bhilwara, Alwar and
Banglore, Pali, Banswara, Surat, Chennai, New Delhi, Kolkata also. It pioneering adoption of
the latest technology has been rewarded in the form of National Awards for printing and
designing. It has various national and international news agencies.
The growth of Rajasthan Patrika is a result of unstinting commitment of Patrika towards its
readers and society as a whole. This has also been made possible by a large fleet of taxies,
newspaper agents and hawkers, fully equipped to reach every nook and corner of the state.
Philosophy: Management of Rajasthan Patrika thinks in terms of capital and manpower but it
puts a great emphasis on Indian culture, ideas and ethics. Rajasthan Patrika has an open mind
in the sense that it derives inspiration from the west so far as training and technologies are
concerned. The best of the west is blended with Indian traditions, values and wisdom in the
affairs of Patrika.
History: The Newspaper, at the time of its launch, was a five-column eveningwear. It was in
1964 that its morning edition was started.
THE FOUNDER- Mr. Karpoor Chandra Kulish
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A plan to start a daily paper was formulated, developed an executed in a meticulous manner.
The result is well known - Rajasthan Patrika was born on 7th March 1956 and grew in size and
stature and engulfed the entire desert, it has made its mark as one of the leading ten papers of
The country. It has been growing since birth and it continues to grow. Steps move on the
ground, but the sky is the limit in eyes.
When Kulishji attained the age of sixty on March 20, 1986, he decided to relinquish his
position as the editor of the paper, by writing a lead article on the front page entitled
NAMASKAR (Bidding Farewell). The people inferred that Kulishji was following the
tradition of government employees, who have to retire at the age of sixty, but, in fact, his
decision was motivated by his desire to undertake an in-depth study of the Vedas - the treasure
of ancient wisdom. He wanted to be fully immersed in it, which was the ultimate mission of his
life.
The identity, reputation and prestige of an organization depend not only on its professional
success but also on the way it maintains values, preserves ideals and contributes to social
development. Tested by this touchstone for exemplary work Rajasthan Patrika has proved its
worth beyond doubt and has even excelled itself. Soon after Mr. Karpoor Chandra Kulish
launched the newspaper he made it clear to his colleagues that he would also use the paper as an
instrument for social change and for the alleviation of social problems. He expressed his resolve
to work relentlessly towards the accomplishment of this goal. It was on account of this resolve
of the founder that Rajasthan Patrika has not only fulfilled its social responsibilities but it has
set an example for emulation by others.
Patrika has played an important role in enriching values and ideals which society always
yearns for. It has continued to publish books on varying aspects of our glorious cultural heritage
and universal values even since it saw the light of the day. The Patrika Group has looked after
this materialistic aspect very well. It has been in the forefront of the humanitarian work. It
explored various strategies to rush humanitarian aid to the largest number of the victims of
natural calamities or the people languishing in poverty. The establishment of Jan Mangal
Public Charitable Trust in 1984 was a milestone in this direction. Patrika made a great
endeavour to rush help to the people of Maharashtra and Gujarat when the most disastrous
earthquakes in Indian history hit them. It didn't lag behind when the entire state of Orissa was
invaded by the cyclonic destruction. The sight of the wailing uprooted inhabitants of this
unfortunate state melted even stony hearts. Patrika mobilized support for the people of this state
and rendered yeoman service. It came to the rescue of the war widows whose husbands died in
the Kargil war. Patrika itself contributed a large amount and campaigned for public awareness
who responded generously. As a result the afflicted families were saved from another disaster
that loomed large in their minds after the death of their members.
Most notable among its crusades against suffering was its campaign for the donation of a
handful of grain (muthibhar anaaj) by every citizen when the continuous spell of drought in
Rajasthan pushed millions of its people to the brink of starvation. Patrika called upon students
to bring handfuls of grain to its office. The campaign electrified the student community and the
17
general masses in the entire state that flocked to Patrika Offices in various cities and created
heaps of grain. Patrika sent trucks loaded with the bags of grain to the areas where people were
dying. It was a new value Patrika inculcated and showed the people the way to help the needy.
What generated the tremendous enthusiasm was its slogan 'bacha bacha Bhamashah' i.e. every
child is Bhamashah, the legendry philanthropist of Mewar who donated every penny to his
people. Thus, Patrika rose above the narrow familial boundaries and considered the entire
humanity as its own.
Besides organizing sports events, social and cultural festivals, Patrika also undertook the
challenging task of publishing important books and that of helping the educational institutions
or enriching libraries. It organized many adventures or helped NGOs who initiated such projects
as inculcated the spirit of courage among kids or youths. It was never motivated by
considerations of fickle fame but thinking that social concerns and human values deserve
utmost attention, it fulfilled its obligations to society in the spirit of selfless dedication. When
the Indian Army was sent to the borders to face the threat of war from Pakistan, Patrika sent
adventurous youths on motorcycles to the snowy valleys to ' boost the soldiers' morale with
auspicious messages of good wishes and greetings. When Patrika realized that common
ordinary citizens encounter great difficulties in getting their legitimate problems solved
everyday on account of bureaucratic redtapism, it started a helpline and called upon the people
of the state to write to Patrika about their problems and grievances. Patrika fought for their
cause by taking the issues to the departments concerned and saw that their grievances were
redressed.
Hundreds of retired Govt. employees or ordinary citizens have benefited from this initiative.
Not only had this Patrika come forward to help the people of a particular region to get their
problems solved. The response was overwhelming and the bonds of love for Patrika grew
stronger. Everyone in India had heard that Vedas had in them an ocean of wisdom but since
they were written in Sanskrit ordinary people remained ignorant about them, Patrika's founder
editor Mr. K.C. Kulish began to study them, wrote a series of books in simple language, and
thus brought the Vedic wisdom within the reach of the ordinary people.
The voluminous book entitled SHABD VED, which Mr. Kulish compiled after years of hard
work, is a living testimony to Patrika's contribution to enrichment of values and preservation of
our cherished ideals.
Mr. Karpoor Chandra Kulish, the founder of Rajasthan Patrika, throughout his life as a
journalist, tried to fulfill social commitments largely and till date Patrika is following his
footsteps. Rajasthan Patrika has always worked for the betterment of society. It showed
kindness towards birds and animals, it encouraged talented people from every field and worked
hard to bring the hidden talent to limelight. Jan Mangal Kalyan Charitable Trust was set up
which played a very important role in encouraging the people from the field of sports and social
work. It either helped them from its own resources or raised donations for the budding talents.
Rajasthan Patrika has left a noticeable mark in the field of publication. It has worked hard to
make people more knowledgeable.
18
Patrika has always been ahead for public service and in this field; it has organized many
Learning License camps for the common people. Patrika has always showed its keen interest in
the field of public health and in this direction, it has organized several Blood Donation Camps,
which has turned out to be a huge success. Being a newspaper Rajasthan Patrika has always
fulfilled its duty to make the people of Rajasthan aware of their rights. In this regard, Patrika
did a campaign in which the reporters traveled all over Rajasthan and tried their level best to
make the people aware of their right to vote. The people appreciated this gesture and gave their
full corporation. Patrika has even organized many cultural events. Patrika every year organize a
Book Fair in public interest. This fair is organized in a large scale where people can find books
on all subjects and beside that, people also enjoyed the cultural programm. Recent addition to
the list is the Health Fair organized by Rajasthan Patrika. This fare got a lot of appreciation
from the masses and people from far, near participated in the fair, and satisfied their quarries
related to health. Rajasthan Patrika not only plays the role of a newspaper but also the role of a
social reformer.
RAJASTHAN PATRIKA DISTINCTIVE FEATURES:
50 YEARS OF LEADERSHIP
The only newspaper in Asia to have won IFRA ASIA gold award for
vending machines
Introduction of glazed newsprint for weekly supplements.
Rajasthan Patrika group today has forayed in all popular media.
Patrika TV its audio-visual unit involved in production of programms &
19
04
05
06
07
21
(4) Day & Frequency: Friday Monthly, Sub Brand: Patrika Digest, Contents: Patrika Digest
covers topics of special interest like career, health, counseling, etc., Size: Stapled Booklet,
Edition: All editions.
(5) Day & Frequency: Saturday Weekly, Special Focus: Mass appeal, Sub Brand: Bollywood,
Contents: A complete entertainment feature magazine on television, Indian films, film stars,
their life styles, and other interesting write-ups on international films, Size: Broadsheet Glazed,
Editions: All.
(6) Day & Frequency: Sunday Weekly, Special Focus: Family, Sub Brand: Ravivariya,
Contents: An interesting colorful magazine featuring topics of general interest such as
current issues, articles about personalities & celebrities, astrology, health besides art &
culture., Size: Broadsheet, Editions: All editions.
(7) Day & Frequency: Thursday weekly, Special Focus: Youth, Sub Brand: Patrika Mag,
Contents: An out & out youth magazine filled with fun & entertainment, featuring articles for
light reading on music, pop stars, fashion, sports, love & friendship etc., Size: Broadsheet,
Edition: Jaipur City & Ajmer.
(8) Day & Frequency: Thursday weekly, Special Focus: English Reading Teenagers Youth,
Sub Brand: Turning Point, Contents: An English supplement covering special interest of
teenagers & youth having informative articles, it coverage, puzzles, brain teasers & youth
watch, Size: Broadsheet, Editions: Jaipur City & Ajmer.
(9) Day & Frequency: Saturday & Wednesday, Special Focus: Youth, Young Professional
Ambitious Executive, Sub Brand: Jobs & Career, Contents: The appointment pages, Size:
Broadsheet, Editions: All Editions.
22
MARKETING
DEPT.
ADVT.
DEPT.
EDITORIAL
DEPT.
CIRCULATION
DEPT.
ACCOUNTING
DEPT.
BRANCH
HEAD
OFFICE
PRINTING
DEPT.
STORE
DEPT.
COMPUTER
DEPT.
MACHINE
DEPT.
Departmentation:
The job functions of the employees in the organization are divided amongst them and combined
in logical ways. Employees with related functions usually share a common work area and
constitute a work unit. Departments are therefore constituted.
EDITORIAL DEPARTMENT
The editorial department, headed by editor, is responsible for:1. Collection of news
2. Selection of news and features
3. Editing of news and features
4. Interpretation of areas.
23
ADVERTISING DEPARTMENT
Its main functions include collection of advertisements. The ads collected are usually hand
written. A schedule register is maintained by the department, which contains the name of
advertiser, name of agency, size of advertisement, agency code number, date of release,
preferred position etc. Handwritten matters are sent for composing. On the basis of register, a
dummy of ads is prepared which also contains printing instructions along with the material.
This dummy is sent to the processing department. They place the ads according to dummy
instructions. After pasting the news they prepare a zinc plate and sent to printing department.
PRINTING AND PROCESSING (MACHINE) DEPARTMENT
This department looks after all work of printing including installation of machines, plant layout,
composing, processing, loading, maintenance of machines etc.
Division of printing department, where offset machines are used:
1. Composing division.
2. Camera division
3. Pasting or page make-up division
4. Plate making division
5. Printing division, and
6. Maintenance division.
The main responsibilities of this department are:
1. Selling the newspaper
2. Delivering it, and
3. Collection of funds.
FINANCE DEPARTEMNT:
The foremost function of the finance department is financial forecasting and planning, it
involves forecasting for short term and long-term funds. Predication of short term and long term
is done through funds flow analysis. The other function is of investment alternatives, which is
done through funds flow analysis or payback period.
It involves:
a) Determination of financial objectives
b) Determination of financial policies such as those regarding working capital management,
capitalization, capital structure, fixed assets management, etc.
c) Determination of financial procedures.
ACCOUNTING DEPARTMENT:
A newspapers accounting department performs the following functions.
a) General accounting work
b) Departmental record keeping
c) Cost finding
d) Budgeting
24
25
Marketing: An Overview
Society can only exist when a large number of people want something a few people have. It is
necessary for both groups to be mutually aware of this need.
Oskar Handlin
Introduction
Any time one tries to persuade somebody to do something to buy his product, donate
for some charitable purpose, or vote for some candidate, or attend a dramatic show, or accept a
social date with him - both of them are said to engage in marketing. Essentially, marketing
exists in any type of economic system and in any stage of economic development except the
most primitive situation where the individuals are economically self-sufficient and trade or
exchange does not exist. Marketing is all-pervasive in the present day world.
An analysis of marketing literature reveals that marketing is variously described as a
function, an orientation, an approach and aptitude, a philosophy of businesses and a
management system or technique. In fact, marketing conveys all of these and often more.
Marketing did not always have a place of importance in the firm. Only in recent few years have,
marketing functions received much attention. The modern marketing concept is evolved
through various stages. Marketing concept means the philosophy, which guides the marketing
effort. Philip Kotler says, Marketing activities should be carried out under a well-thought-out
philosophy of effective and socially responsible marketing. & a human activity directed at
satisfying needs and wants.
At the very outset, it may be said that marketing is not a sole business activity. It has a far
broader social dimension. Philip Kotler is of the view that any interpersonal or interorganizational relationship involving an exchange (a transaction) is marketing.
The marketing concept emerged in the 1950s as a new philosophy of business
management. It advocates that a business should be customer-oriented. It must exist to satisfy
the wants of its targeted customers. The goal of the firm should be profitable sales volume. It
also emphasizes that all marketing activities should be performed in a co-coordinated manner.
The firm should adopt a systems view of management.
Meaning
The term marketing comes from the word market which consists of all the potential
customers sharing a particular need or want who might be willing and able to engage in
exchange to satisfy that need or want. In common parlance, marketing means the process of
distribution of goods and services. It is concerned with handling and transportation of goods
from the point of production to the point of consumption.
26
Marketing includes all the activities involved in the creation of place, time, and
possession utilities. In other words, it involves the activities that satisfy needs and wants
through the process of exchange. Precisely, marketing involves individuals and organizations
27
Peter F. Druker
Customer
Orientation-needs
examined
and satisfied
Goal
Orientationfinancial
nonfinancial
or
Marketing Concept
28
A marketer has to keep on experimenting with different marketing mix of these 4 Ps,
depending upon the nature of product, market and environment.
ENVIRONMENTAL VARIABLES
PRODUCT
Planning
Introduction
Improvement
CUSTOMER VARIABLES
PRICING
Margins
Structure
Schemes
COMPETITIORS VARIABLES
PLACE
MARKETING
MIX
Channel
Distribution
Logistics
PROMOTION
Advertising
Sales Promotion
Public Relations
MARKETING MIX DIAGRAM
29
Pricing Policies
Profit Margins
Cost of Production
Discounts & Schemes
Payment & Credit Terms
Competitions Prices
Price elasticity of Demand.
Advertising in Media
Publicity campaigns
Sales promotional efforts
Schemes, contests, rewards
Media planning
Competitors activities
Customer Relationship
30
Place- It relates to place of purchase and distribution activities, for transferring ownership to
costumers at the right time and place.
Channels of Distribution
Physical Distribution
Transportation
Warehousing and Storage
Inventory Control
Location of Outlets
Dealers Network
Dealers Relationship
Service Centers.
MARKETING MANAGEMENT
32
Planning
Implementin
g
Developing Marketing
goals with objectives,
analyzing marketing
environment, develop
marketing strategy &
identify target markets.
Putting the plan into
action. Organizing
coordinating, and
directing marketing
activities.
Evaluating
33
Marketing Hierarchy:
Branch Manager
Marketing Manager
Team
Incharge
Marketing
Executives
Team
Incharge
Marketing
Executives
Team
Incharge
Marketing
Executives
Team
Incharge
Marketing
Executives
34
(d) Encouraging businessmen and traders to earmark appropriate & definite amount for
advertising.
(e)Providing information to advertisers.
Importance of Management in a Newspaper Organization:
Management plays a pivotal role in a newspaper organization. The success of a newspaper
organization is determined by the effectiveness of its management in terms of its competence;
integrity and performance. Management makes the human efforts in a newspaper organization
more productive. The inputs of labor, capital and raw material do not by themselves ensure
growth of a newspaper establishment. It requires the catalyst of Management to maximize the
results. It is rightly said that management is the mover and development is the consequence.
The managerial functions of planning, organization, coordination, motivation and control must
be performed effectively and purposefully in the newspaper organization. If the management of
a newspaper is not functioning properly, the publication may be unsuccessful even though the
journalistic product may be creditable and the relations of the paper with its public may be rated
relatively high. Thus, management is the most vital and strategic factor in a newspaper
organization. In the ultimate analysis, the success of an enterprise will depend on the quality of
its management.
In order to ensure
Success of plans
By furnishing
standards of control
Organization:
A newspapers organization structure specifies its division of work activities and shows
how different activities are linked; to some extent it shows the level of specialization of work
activities. It also indicates the hierarchy, authority structure, and relationships in the newspaper
organization.
The organizing function of managers in the newspaper organization involves:
Determination of the activities.
Grouping of the activities
Assignment of these activities to group departments (editorial, advertising,
Printing, circulation, etc.)
Delegation of authority to carry out these activities.
Coordination:
Where a newspaper organization has several publication/units, coordination among these
units becomes vital. In addition, coordination among editorial, printing, store, circulation,
advertising and accounts departments is indispensable, within each department too, unity of
effort is required. Briefly, a newspaper establishment the following activities are to be
integrated:
36
37
Low unemployment is squeezing customer service. As the labor, pool shrinks so does,
the equality and skill level of available labor for frontline customer service jobs.
Additionally, retail organizations and service-based call centers face increased employee
recruitment and retention challenges. As a result, customer service levels are eroding,
particularly in fast food and mass merchandising retail. As consumers become frustrated
with poor service, longer lines and other service-related problems, customer defection
becomes a threat. The critical decline in customer service quality also damages and
severs relationships with formerly loyal and profitable customers.
Price-based switching programs change expectations. Most of us have gotten a tempting
offer to switch telephone service: Switch your long distance service to the company thats
calling, and itll send you a check. Some were worth $50, during extremely competitive
periods, some companies offered as much as $20, some $50, and during extremely offers
have taught consumers to be on the lookout for the next best offer. However, in many
industries, loyalty-marketing programs have helped companies establish value and create
barriers to exit.
The global market introduces new competitors. As the global economy opens, U.S.
companies are seeing increased competition, and many are facing foreign competition for
the first time.
Many use loyalty-marketing initiatives to establish stronger value
propositions in the hopes of blocking foreign threats to market share.
38
evaluations. While this was the first program of its kind, other major Texas utilities are
developing similar programs aimed at fostering loyalty.
Mergers and acquisitions can upset customers. For many industries, acquire-or-beacquired is the name of the game. Mergers and acquisitions can have a significant impact
on brand and product loyalty, and may cause customers to look for alternatives. This
trend has been especially pronounced in the financial services industry, where customers
struggle to keep up with the logo changes in their checkbooks
Mass media costs are increasing. Advertising is more expensive, and marketing budgets
are getting tighter. The average cost of a 30-second spot during the 1986 Super Bowl
was $500,000. That number reached $2.2million in 2000, so marketers need to drive
increased ROI on their marketing budgets. This trend fosters loyalty programs, because
loyalty marketing focuses on existing customers whose behaviors and responses can be
tracked, and marketers can pinpoint response and accurately attribute incremental
revenues to marketing dollars spent.
Competitors are doing it.
Shri Batra has given the example of Lord Ganesh ji and thus correlated the management
concepts with the Indian Mythology. Shri Batra explained that we can observe the specific
signs of Lord Ganesh ji, which inspire us not only in our daily life, but we can learn from them
39
for our business dealing and office working also. He emphasized about the inspiration from
Lord Ganesh ji, thus: Lord Ganesh jis big head inspires us to think big and think profitably.
The big ears prompt us to listen patiently to new ideas and suggestions.
The narrow eyes point to deep concentration needed to finish tasks in hand well and
quickly.
The long nose tells us to poke around inquisitively to learn more.
In addition, the small mouth reminds us to speak less and listen more.
Shri Batra has described 18 points for marketing strategies under the following three heads:
I. Sell How to sell to the customers.
II. Serve How to serve your customers.
III. Satisfy How to satisfy your customers.
Now, we can take the above three points one by one as follows:I. SELL - HOW TO SELL TO THE CUSTOMERS
Customers, Customers, Customers
Where are they everywhere
Who are they everyone
When will they come any minute
What will they like whatever you sell to them with a genuine twinkle in your eyes, with
a smile on your lips, with feelings from your heart and with their benefits in your mind?
Therefore, there are six better ways of selling to these customers: 1. Put yourself in your customers shoes
Spend ten minutes every day thinking how you can put yourself in your customers
shoes. It may be difficult, but certainly, it will mean more sales. You will gradually learn from
your experience. Listen to your customers and ask questions from them. Look into their eyes,
do something extra for each customer and ask someone whom, you respect to give you his
objective observations. Admit your mistakes with your customers gracefully and learn from
them.
In a summarized way, we can say that one should judge him from the eyes of the
customers.
Shri Batra has given example of Bharat of Ramayana, Who always tried to put
himself in the shoes of his elder brother Lord Rama and by receiving the inspiration from
the shoes of Lord Rama, he could be able enough to run the management of the kingdom in
absence of Lord Rama. Here, in our case, the above example can be traced to manage our
customers better by putting ourselves in the shoes of our customers so that we may easily and
40
effectively understand the requirements and the views of our customers. We must get customer
oriented ideas in our mind and develop out thinking skills in our brain which is a great
thinking machine capable of creating new ideas that can work miracles can do the same.
Therefore, the salesman is to act just like Lord Ganesh ji (as explained in the example).
2. Customer is the boss
Why? Because a boss can fire you whenever he is unhappy with you or your work.
Likewise, a customer can take away his business to a place wherever he gets better value for his
money, better service and better ego message. He does not have to give reasons for his action.
Customer will give you every promotion; you would obtain during your lifetime only if
he is satisfied, but he will discharge you if you displease him. Therefore, customer is the boss
yesterday, today and tomorrow and therefore, the customer satisfaction is the most important
goal of marketing.
So, ask for it - What I can do for you?
What does the customer want?
A customer wants very little to feel happy.
Customers do not want you to overcharge them, both in terms of money and time.
A customer is the boss... yesterday, today and tomorrow, and he does not want you to
forget this.
3. Customer is the profit, everything else is overhead
Over service your present customers a little bit, because they are and will continue to be
your best prospects for more business.
Use your minds eye to remove the small difficulties and anxieties of your customers.
Profit is not a dirty word. However, at the same time, putting profit before quality and
service is like putting the carriage before the horse.
Do not forget that if a business is sailing with a heavy load of overheads, it will gradually
sink to the bottom of the Market Ocean. So, axe your overheads Review them every
month, not just once a year.
4. Customer is the business: business is people: people are customers
Your service employees are people. Ordinary people with average intelligence and
initiative, when treated with respect and dignity as individuals, given training and
motivation by you, will turn out to be good serviceman. This can only be implemented
by thinking, listening, reflecting and understanding during your working and nonworking hours.
Help your customers to make more money with your products/services, to reduce costs
with your products/services and to save time with your products/services. So, increase the
productivity of your customers through your products/services.
41
Increase customer awareness among your employees. Unless your serviceman and your
customers can work together, it wont work.
The three basic steps of serving and satisfying your customers are: Get the facts.
Analyze the facts.
Arrive at a decision.
5. The purpose of your business is to create customers
How?
Meet your customer, personally.
Become trustworthy to your customers.
Keep on helping your customers, keep on doing small, small deeds and they will keep on
coming back to you.
Consider the competition as an opportunity.
Working together works.
6. Communicate continuously with your customer
How? A few better ways:Search for customers with positive attitudes and make them your friends; their company
will give you good vibrations to communicate well with your other customers.
Get genuinely convinced that your product would satisfy a real and important need of
your customers.
Consider developing a monthly newsletter for your customers. A powerful awarenessbuilding tool is effective as well as efficient.
Send our sales letters regularly. A letter must contain a creative idea so that the receiver
can act on it and later remember having taken action on it.
Nothing motivates and satisfies a customer more than to see his businessman friend
putting in an honest days work to solve his problems.
III Satisfy- How to satisfy your customers
Here are some of the better ways to satisfy your customers after you have sold to
them and have served them well because How to serve your customers has no meaning
unless these are implemented to the advantage of your customers.
13. Listen, listen, listen to your customers
Though it is not easy, it is necessary. Why?
Because throughout our lives, we never learn to listen. Mostly, it is good to listen.
Listening to your customers will involve listening to your customers who are not
fully satisfied with your services and promises.
To turn complaints into opportunities, designate and train an employee to process
complaints. He should not only listen to them but also try to follow up their solutions.
Remember that through regular follow up of the solution to the problem, you are
converting a customer into a repeated customer.
14. Each of your employees should visit your customers
Richardson Hindustan Ltd. and IBM are the companies, which openly
acknowledge the secret of their success to the fact that each of their employees considers
himself or herself to be a part of the selling effort.
44
Die
Move away
Form other friendships.
For competitive reasons.
Because of product dissatisfaction.
Quit because of attitude of indifference towards customer by some employee
of dealer.
Many of your employees may actually have developed the habit of bad
temper.
They may be insulting your customers. You will never know unless you check up
diplomatically and occasionally with your customers.
Remember, your competitors are also looking for your dissatisfied customers
because they know the business management axiom:It costs six times as much to get a new customer as to keep a customer you already
have.
16. Solve the small problems of your customers today
45
You can make a list of old dissatisfied customers, but never get them together.
When you try to reach the difficult customers, you may not quite satisfy all of them but
you wont come up with a nothing achieved feeling either.
Normally, the more you listen to your dissatisfied customers, the more they will
themselves come up with solutions.
Remember to learn by listening and to understand by reflecting.
Complaints are good for business. If you listen to your customers, you will learn
about your weaknesses from their complaints.
Customer complaints only when he is interested in doing further business with you,
otherwise he wont even bother about you. It is only because he wants to give you just
another chance before trying elsewhere; after all, he knows that history may repeat itself
elsewhere too.
18. Learn the art of knowing when to say No to your customers
You can meet the needs of your customers, but you can never meet their greeds.
The secret of success in conversation with your very difficult customers is the ability to
disagree without being disagreeable.
Whenever you say No to a customer; say it in a way so that he understands it to be only
No at that time and not as Never.
As a businessperson, you are an artist. Therefore, learn the art of saying No too.
46
advertising will reach the largest segment of the target audience? What specific channels and
program times are most likely to reach that target audience, and how often should the message
be repeated?
The answers to those questions form the media plan, and the next step is to execute the
plan by airing commercials and advertisements. Throughout the entire process, media planners
and media buyers carefully measure their successes and failures, and adjust the media plan
accordingly.
Determining the Media Mix
As stated previously, media mix is the proportion of television, radio, print and other
forms of advertising used in a particular campaign.
The best mix for a particular campaign is a combination of the product or service, the
marketing objectives, target audience and budget. That information often helps media planners
first decide what media types would be ineffective in reaching the target audience.
For example, if the target audience is male, daytime television is generally not the best
vehicle. If the marketing budget is small, or if the target audience is very narrow, television
may not be a viable option at all. Media planners could opt instead for a print campaign
focused on the target audiences interests and hobbies.
Creative constraints may eliminate one or more media options. For a new product that must be
demonstrated, radio would be a bad option because the listener cant see the product. In
addition, the clients main goal for a marketing campaign may be to build a customer database.
In that case, a direct response campaign would likely be the best option. Researching a
competitors marketing and media activity may help uncover new opportunities. Either these
could consist of media that a competitor has ignored, or of media that has to be a part of the mix
to compete for share-of-mind with the competitors existing advertising.
Media quintiles are a useful tool for visualizing the target audiences media habits.
Quintile analysis divides a target audience into five categories from the heaviest users to the
lightest users. If the heaviest users of a product tent to get their news from magazines and
radio, then those elements should have a higher proportion of the media mix than television.
A media planner needs to construct a quantitative defense of his media mix
recommendation. In fact, this is a good habit to from in any case. Media planners are spending
someone elses money. That is a big responsibility and planners need to have the numbers to
back up every decision and recommendation they make.
Advertising cost figures can be calculated from cost per thousand (CPM) or cost per unit (CPU)
figures from various outlets. Ratings data is an available from companies such as Nielsen
(television) and Arbitral (radio). Media planners can find data on competitive activity from
sources such as Ad Spender and Strategy.
3. Creating a Media Plan
48
A media plan only needs to make sense within the context of the media objectives and media
strategies. There are no rights or wrong answers. Media planners should present to the client
any ideas of plans that they can back up with the facts.
Creating the media plan, itself is a three-step process:
Step One: Determine media types and/or TV dayparts to be used or
considered.
Step Two: Create framework for the media plan.
Step Three: Determine and plot out the appropriate levels of activity in each media
vehicle and daypart used.
Step One: Media Selection Rationale
In selecting the media for an advertising campaign, the following factors need to be considered:
Cost efficiency (CPM)
Targetability
Reach potential
Tactics
Environmental considerations
Creative considerations
Historical & Competitive media utilization.
Each is discussed in more depth below:
Cost Efficiency (CPM)
Clients want and need to get the most value out of their marketing and advertising
spending. Often, cost factors are the first component investigated in any marketing plan. If the
client does not have the budget for a prime time and campaign, there is little point in devising
one.
Cost is most often calculated using cost per thousand (CPM) figures. This is how much
money it costs to reach 1,000 people in the target audience.
Targetability
The marketing plan has a target audience - the group thought most likely to purchase a
particular product or service in a quantity likely to generate profits. Obviously, any advertising
campaign needs to reach the people in the target audience.
Reach Potential
Reach Potential is the amount of the target audience that a particular medium is likely to
draw. Media planners use this information to determine not only what media outlets to use, but
when to place ads.
Media planners look at the percentage the target audience composes of a mediums total
audience to understand the effectiveness of advertising in various media choices.
Tactics
Certain tactical considerations may lead media planners to consider time slots or media
that are not specifically geared toward a target audience.
49
For example, if the client has a short lead time before a new product introduction,
generating a broad product awareness via more mainstream television channels may give the
product a boost in awareness for the launch followed my more targeted advertising later.
Environment
As with tactics, the environment on a particular media vehicle may make it attractive as a
part of a media plan. For example, a client looking to advertise anew heartburn medication may
get better results during a cooking show.
Creative Considerations
Sometimes, the message itself dictates what media vehicle is most appropriate. If the
client needs to send a complicated message, a print medium will work better than television.
For example, pharmaceutical companies are often required to release data on side
effects and risks for a new medication. Most of that data would be unwieldy in a television
commercial, so they often opt for print.
Historical & Competitive Media Utilization
Often, past advertising efforts dictate media for a future campaign. Or, if a competitor
has a regular presence on a particular channel, media planners may want to consider placing
some ads there to counter the competitors efforts.
Step Two: Building the Framework
The framework of the plan has two basic elements:
Number of weeks on the air
Flighting patterns
Ideally, an advertising message runs all year. This maintains a consistent message and presence.
In reality, the typical marketing budget precludes a constant media presence.
Flighting is a strategy of periodically placing ads to gain some of the benefits of a constant
presence without the costs.
The media planners job is to tailor the frequency and flighting to both the budget, and
the marketing and media objectives. For example, a strategy to keep a brand top of mind at all
times to encourage impulse purchases (i.e. Coke) would give greater priority to the number of
weeks an ad (this is on air to maintain a presence). New brands may sacrifice a long-term
weeks-on-air strategy in favor of building awareness with a more concentrated campaign at
launch.
One popular use of flighting is blinking or pulsing. With this strategy, a marketing
message is on air one week, off the next, and on again the following week. This way, the
message almost has the illusion of being on air constantly, since the audience will remember
seeing it before, but without the costs.
Generally, devising the flighting strategy is a combination of four factors:
Overall media strategy
Tactical considerations
Seasonality
Budget constraints
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Overall Media Strategy: If the goal is maintaining a brand presence or maintaining market
share, the flighting will be evenly spread throughout the year. During a new product
introduction, the frequency of airing will be higher than at other times.
Tactical Considerations: Periodically, media planners may adjust the frequency of advertising
to support a promotional campaign, take advantage of media efficiencies or to advertise during
periods when competitors are less aggressive, or heavily advertising.
Seasonality: Toy companies advertise more heavily before Christmas shopping begins. The
Cadbury bunny only shows up before Easter. Back-to-School ads air in August.
Budget Constraints: Advertising activity may change to reflect quarterly or semi-annual
financial needs of the client.
Step Three: Determine Appropriate Levels
Appropriate levels of activity in each recommended daypart or medium are determined based
on:
Industry standards
Client preferences
Historical Levels
Competitive levels
Common Sense
4. Conclusion
Some questions to ask when comparing media plan options:
Are the selected media vehicles the most effective for reaching this target?
Are the weight levels high enough in each medium to be effective (R/F, # spots)?
Are the hiatus periods too long?
Have you diluted the effort by using too using media vehicles?
What are the limitations and strengths of each plan developed?
Is the budget sufficient to attain the awareness or response goals?
Be sure to tailor each one to the specific circumstances such as the marketing and media
objectives, market conditions, and competitor activity.
Remember, no media plan is right or wrong if it is devised keeping the marketing and media
objectives at the forefront. No plan is perfect either, so constantly question assumptions, and
constantly measure results.
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o
o
o
o
o
o
o
o
o
How are you going to measure your progress so you can learn from the
experience?
The marketing plan is not complete or credible without the situation analysis as the situation
analysis provides the rationale for the decisions being made in the marketing plan. A
comprehensive situation analysis is especially important in an organization that is skeptical
about marketing.
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This information can be found in association publications, industry publications and research
firms that track the industry.
Situation Analysis: Internal Trends
This section analyzes internal sales and profitability trends of each product or service,
grouped by market segment as defined in the Market Section.
Depending on how quickly your industry changes, the timeframe you use for trending may
be as short as a few months but organizations commonly use three to five years. The specific
questions to answer include the following:
o What are the volume and profitability trends by product or service? What are the volume
and profitability trends by market segment?
o What are the volume and profitability trends by type of customer?
o What are the market shares for each product or service?
o For each of these questions, remember to ask the additional questions why and
what are the implications for my business.
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This information can be found in the internal sales and financial system and supplemented by
industry tracking research.
Situation Analysis: Product or Service
This section describes and analyzes your organizations products or services. The specific
questions to answer include the following:
What products or services do you currently provide?
What are the strengths and weaknesses of your current products or services compared to
your competition?
What new products or services are you considering provide?
What are the organizations capabilities of providiting these new products or services?
How would these new products or services compare to your competitions?
For each of these questions, remember to ask the additional questions why and what
are the implications for my business.
This information comes from internal sources and competitive information.
Situation Analysis: Competition
This section reviews and analyzes each key competitor and organizations that are
considered leaders in the market (key competitors and leader organizations may be the same in
many instances).
Key competitors are those organizations that provide a similar product or service as your
organization and target the same customer or consumer. Leader organizations are those that are
the most successful (largest, more profitable, and/or most innovative). Analyzing leader
organization may generate ideas to help the organization improve.
These specific questions to answer include the following:
What products or services do they offer? How do they differ from yours?
How does their pricing compare to yours?
How are they positioned?
What marketing activities do they use? How successful have they been?
What are their strengths and weaknesses compared to yours?
For each of these questions, remember to ask the additional questions why and what
are the implications for my business.
This information can be found in the competitive intelligence system if you have one or you
may need to gather this information specifically for the marketing plan.
Situation Analysis: Consumer or Customer
This section reviews and analyzes your consumer and/or customers.
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If you sell your product or service to a business and that business is the end-user, you
would call this section Customer (for example, if you are selling office furniture). If you sell
your product or service directly to consumers, you would call this section
Consumer (for example, if you are in retail).
If you sell your product or service to businesses that then re-sell it consumers, call this
section Consumer (for example, if you selling pencils to retailers who in turn sell them to
consumers). Then, in the following section Distribution Channels, analyze those businesses
that distribution your product or service to the consumer.
The specific questions to answer include the following:
o Can your consumers or customers be segmented based on common characteristics? For
example, you could segment by usage such as heavy user, medium user, or light user.
You could segment consumers by demographics such as age group, gender, urban versus
rural, income, family size, etc. You could segment customers by industry group such as
the North America Industry Classification System or by a grouping that is specific to
your market.
o Quantify each consumer or customer segment by size, frequency, profitability, and any
other grouping that makes sense in your industry.
o For each segment, especially the largest and/or most profitable segments, ask these
further questions about the consumers or customers within them (if you have some very
important customers who make up a large percentage of your business: analyze their key
characteristics individually).
o Who are they? What are the demographics of your consumers?
o What products or services does each buy?
o How do they buy your products and services?
o Where do they buy your products and services?
o Why do they buy your products and services? What are their attitudes toward your
product or service versus your competitors?
o For each of these questions, remember to ask the additional questions why and what
are the implications for my business.
This information comes from internal sales information and research (a research report on the
industry that you can purchase and/or your own commissioned consumer/customer research).
Situation Analysis: Distribution Channels
This section lists and analyzes each distribution channel you currently use or are considering
using.
The distribution channels could include direct sales channels (such as sales force, direct mail,
Internet and direct response television) and indirect distribution channels (such as wholesalers
and retailers). The specific questions to answers include the following:
What are the characteristics of each distribution channel?
What are the trends and new developments in each distribution channel?
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If you use indirect distribution channels, analyze your business within each key wholesaler and
retailer. In many organizations, this analysis is part of a separate sales plan. This information
can be found in the internal sales and financial system and supplemented with industry reports
and internal sources.
Situation Analysis: Evaluation of Previous Marketing Initiatives
This section analyzes the successes and failures of previous marketing activities to apply the
learning to the marketing plan.
For each initiative, the specific questions to answer the following:
What were the quantifiable objectives for this initiative?
Briefly describe the initiative.
How did the initiative perform against the objectives?
What was the key learning from this initiative?
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At the most basic level, sales is just a conversation. Nevertheless, to close on a sales
opportunity, it has to be an effective conversation. The foundation for providing any service or
product is to have a strong basis from which to build an effective conversation that can address
the customers needs.
What are the key factors that can make or break a successful sales presentation?
The first key is knowledge. A strong knowledge base provides a means of accelerating the sales
process. Having the ability to provide the appropriate information in the most efficient manner
eliminates or reduces the time needed to complete the sales process.
2. Knowledge is Power
I dont know, but Ill find out and get back to you is always better than I dont know.
But its never as good as having the answer on the spot.
Not knowing often stops the sales process like a pause button.
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chore by being the one to distinguish what you provide from the other products or services on
the market.
Go through the decision point-by-point. By helping a customer work through the decision, you
also give them the ammunition they need to justify their decision to themselves, or their
managers.
Knowledge can be a Weakness
Sales professionals must have knowledge to succeed, but an over-reliance on your own
knowledge often proves to be a weakness. No matter how much of an industry expert you
become, your customer always knows more about his own business and circumstances. Nobody
likes a know-it-all anyway.
Listen Dont Speak
In the sales conversation, the most powerful tool is being able to listen more than you speak.
The ultimate best source of information is the customer. By asking probing questions and
listening to the answers, you achieve two objectives. The first is to determine the customers
need, which leads to how you can help. The second is to enable the customer to discover for
himself that you are presenting the appropriate solution.
Questions Not Answers
Questions bring people together, and answers take them apart.
In the sales process, well-intended questions can be effective in forwarding conversations.
For example, you might want to ask a customer to give you a more in-depth view of his
industry. Even better, ask a customer to tell you what their customers want. This enables you
to support the customers ultimate goals.
Uncover the Problems, Dont Cover It
Customers are often bombarded with a sales approach that says, What you have is wrong,
followed by what you really need, I have. Then the salesman launches into a long, generic
presentation.
Get potential customers to talk about their company problems in detail. Use questions and
examples to enable the customer to discover how to accomplish their objectives with your
products and services. They will fight for that solution if they can claim credit for it.
3. Establishing Relationships
Often, the salesmen with the best companies and products never get to first base because they
never bothered to build a personal relationship with potential customers. The ability to notice
the identity of the customer and know what is important from her perspective is an invaluable
skill.
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Some customers are detail people; others are more interested in finding a vendor they can relate
to before making a purchase decision. Know the difference. The personable customer will be
bored by the statistics, and the detail person will not appreciate an attempt to be buddies.
Stay in Communication
Persistence can be a great strength in sales. Often potential customers dont have an immediate
need for your services and reminders make a big difference in staying on the radar screen.
There are numerous resources for staying in communication with your customers such as direct
calls, e-mail, written communications, literature, and industry interactions.
Just be wary of the line between persistence and pestering.
Be on Time
Punctuality is your first opportunity to show a potential customer that you are a person they can
count on. That reputation for reliability then applies to your company and products as well.
Often circumstances will come up to make you late, and when they do it is critical to call ahead
and reschedule. Take responsibility for whatever caused the breakdown company business, a
manufacturer, traffic or the weather.
No Effort Goes Unnoticed
It is often easier to justify why we didnt do something extra than to justify why we did.
However, in establishing a reputation for yourself and your company, going the extra distance
often is what separates the wheat from the chaff at the time the critical decision is made as to
what to buy.
Assume that an extra effort gets noticed and present it in a way that can be recognized as being
beyond the call of duty. It always comes back to you: front, side or center.
The Customer Is Always Right Even When Hes Dead Wrong
It is easy to say that the customer is off base, doesnt have a clue, and you could fix them and
their problems if they would just let you. This attitude leaves little room to establish a longterm relationship for business.
Get the Referral
One of the best resources that you have is your existing customer base the satisfied ones.
They can provide an unbiased endorsement for your products and services. More importantly,
customers often know people who have similar needs.
The key is that you have to ask for the referral. Waiting for a referral will almost always take
much longer than making the request up front.
Follow up
The sales conversation, like all conversations, fades over time. A critical step to successful sales
is keeping the dialogue and actions moving forward. Even when the answer is not now, it is
important to know when to follow up, or when to follow up on the actions taken to move the
process forward.
Add-ons
The best source for new business is often expanding the current business with your existing
customer base. Having an assessment of what they are currently buying form you, buying from
someone else, sourcing internally, or leaving out is a resource. If you have, or can create,
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alternative products, improvements, or integration, you have a pathway for additional sales.
Sources for additional sales include products, services, and strategic alliances for other products
and services.
Build a Rapport with Your Peers - They Will Be on Your Side Tomorrow
Inside any industry, there are usually other products or people providing similar services.
Any industry has a certain amount of churn. People often find new jobs with another company
in the same industry, or at least in a related industry.
Therefore, the person on the other side may be on your side tomorrow. It is also possible that
they will be in a related field, which means they are a potential source of new business
opportunities as customer, referral, alliance, or recommendation.
Join Your Customers Organizations
Potential customers often belong to various professional organizations. Join them.
Having access to these groups is an effective way to connect with potential customers and
enhance your rapport with existing ones. Either goes as a supplier or as someone committed to
the field with the intention and goal of being an industry peer.
This also will keep you current on industry trends.
Use Every Chance to Acknowledge Your Customers
Recognizing customers for their accomplishments is a powerful way to build a relationship.
During the sales conversation, the customer told you what they wanted to accomplish, and how
they hoped your product would help them reach that goal. Be sure to congratulate them when
they hit those goals.
When to Say, Thank You. No.
Win-win is a two-way street.
There are times when a potential customer will continue to make requests such as asking for
information, resources, and services without any intention of buying. This behavior is not easy
to distinguish at first, but over time it become clear. In these circumstances, either say no, or
offer what is needed along with the associated costs.
4. Marketing
Sales and marketing are often spoken of in the same breath, and for good reason.
Effective marketing is key to successful sales. In sales, there are some guidelines for assessing
how to effectively sell and market you products and services.
What Have You Got to Work with?
Assess your companys current marketing plan to know if you are focused on the same markets
as your company. Review the marketing materials, so you know what to choose for the sales
conversations. Be able to make recommendations for future marketing materials based on a
sales perspective and the requests of customers.
What Can You Create or Gather?
Often by knowing what marketing materials are available now and from the past, you can know
what to ask for or what materials to put together to meet your specific needs.
Are They Accurate and Up-to-Date?
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If materials are out-of-date, push to get new materials printed. Brochures covered with stickers
even if it is just for a change of address- - look unprofessional.
How to Package and Present It?
Know how your companys marketing materials are supposed to be presented. Your
presentation will be more effective if the brochure or quotation you leave behind reinforces the
same message.
Whats Enough?
It is often difficult to gauge what is going to be the appropriate marketing materials for a
particular customer. Often it is better to have a conversation first, and then present the materials
that are best suited to their needs. Otherwise, youll overwhelm the customer with information.
5. Sales Tools
It is important to have the right and reliable tools to get the job done. In sales, this often
includes a car, computer, pens, briefcase, and paper and account files. Keep notes and build
databases. Over the years, powerful businesses have been built through the collection of data
and the subsequent integration of that data into information. Information on your customers
and their companies, products, services, connections, needs and wants, as well as what is
coming up in the immediate, near-term, and long-term futures are critical tools for successful
sales. There are many systems to do this; database programs, Palm Pilots, note cards, DayTimers, etc. Find one and use it.
Set Up a System
Put a method to the madness. While every sale is different, there are a number of processes that
are similar or the same from one situation to the next. Being able to look at what is involved in
each sale and see where the processes can be streamlined or made more efficient is an important
means of increasing the throughout of the sales process. What are your resources? Take an
inventory, then evaluate, sort, and choose. In sales, there are always many potential resources.
Literature: Old literature, new literature, corporate media, annual reports, industry
reviews etc.
Customers/Accounts: Existing customers, lost customers, potential customers,
leads, referrals, cold calls, etc. Track your success.
Customer Interactions: Conferences, interactions, presentations, displays.
Human Resources: From inside-executives, sales and marketing management,
product management, technical support, research and development. From outsidesales force, field support, maintenance.
The key is to be able to access what is potentially available and then establish a hierarch y of
what is going to lead to sales on short-and long-term tracks, small- and large-volume sales and
minimal to grueling effort.
6. Goals and Tracking
Set Goals
What is the real purpose of goals? They pull you forward like a bungee cord. Having a sales
target is essential to establish a sales plan. I often recommend looking at what is beyond
reasonable, as it will create unreasonable results. There are some key things to consider. One is
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who can work with me to achieve these goals and what incentive is there for them? The other is
how can I communicate my goals to may customers so that they can support me in winning.
Track Your Success
If you have no compass, you cant tell if youre moving in the right direction. One of the
pitfalls of sales is focusing on the sales and not on where you are in moving each conversation
forward. Have a system to know where each existing and potential sale is in the sales process.
That allows for prioritization.
Other Issues
Appearance: Looking good, smelling good, sounding good, and smiling ear to ear. First
appearances, second appearances, and every appearance count for a lot.
Presenting yourself is often as important as presenting your products. Being well groomed is
extremely important. Continuing Education The only problem with a learning curve is that it
stops when you think you are at the top. In any field, there are always great resources to make
yourself more useful to your company, your customers, and yourself. Sources include formal
educational institutions, certification courses, self-education, corporate training initiated by the
company or yourself, industry organizations, industry publications, seminars, conferences and,
most important, and your customers. It is difficult to be a resource for that which you do not
understand.
7. Closing the Deal
Ask for the sale! Ask for the sale! Ask for the sale!
This is the ultimate test. It is always important to ask for the sale. The point is not so much the
answer as it is a chance to give the customer an opportunity to make the commitment to buy or
not, and to find out what are the appropriate actions needed to complete the process or when to
follow up. Unless you check on where you are in the process, it can be difficult to know where
to go or what to do next. Finally, remember that the big sale you have been waiting for is only
a conversation away. It is just a matter of having the right conversation. The question is always
going to be which conversation are you in? One of the best ways to determine this is to ask
yourself: What am I focused on? Is it the customer or yourself? Whose issues and concerns
are you addressing, the customers or yours? You can only be in one conversation at a time. If
you are focused on yourself, your issues, your concerns, what you have to do in an hour, next
week, etc., you will not be focused on the customer, his needs, issues, or concerns. Effective
sales are directly proportional to the amount of time you spend focused on your customers.
Competitive Analysis Overview
1. Introduction
The business landscape is littered with leading businesses that lost their competitive edge by
failing to keep tabs on their competitors. Sometimes they werent even sure who was really
competing with them for the hearts and minds of customers.
Most upscale department stores failed to pay adequate attention as Wal-Mart grew slowly
from a small chain of Arkansas stores to a powerhouse retailer. Apple ignored the growing
influence of Microsofts Windows technology in the business world, preferring to focus on the
consumer market to develop a loyal customer base among students.
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Merrill Lynch put online brokers in a different business category, but their customers
didnt.
The following are factors that can lead to extinction:
Winners become the hunted and can lose the ability to hunt.
The ability change is thwarted by the size and complexity of the company.
Created to perpetuate the paradigm that brought success.
Competitors find it easy to hit a visible target, -particularly if it moves slowly or is a
straight line.
Psychologically, the risk of losing what youve won often looms larger than the
opportunity for incremental gain.
Competitive Analysis Principles
The most important thing can do is to explicitly understand you areas of strategic
vulnerability.
Listen to your customers and channel partners as honestly as possible. Dont just focus on
critical success factors - - those things that are most important to your success - - but also focus
on critical failure factors as well.
The following are some guidelines that will help discover a companys potential
vulnerabilities:
Dont rely on intuition.
Although intuition is powerful, it has limitations because it is based on past experience.
Todays competitive marketplace is constantly breaking patterns weve learned from our
past.
Never rely solely on experts.
Their profession as holding the correct body of knowledge has certified experts.
However, such expertise is based on past knowledge - - one of the least reliable ways of
judging the competitive marketplace.
Dont allow past investments to influence you views.
Business typically focuses on initiatives that enhance the value of prior investments.
However, loss of competitive advantage often occurs because those investments no
longer produce returns for a particular group or individual.
When outlining strategic vulnerabilities, remember to be specific. No one business can
anticipate threats on all fronts. Organizations need to have finite number of critical things to
watch. Clearly, customers are critical to success, but what kind of customers? Children, married
women, diabetics, and men over 60 all fall under the category of customers, but they are quite
different. Knowing your lead users (or future profitable segments) enables you to focus on
them.
Of course, knowing what to look for is only half the battle in developing an action plan.
Understanding how and where to look is vital.
2. Data Sources
Watch Both Competitive and Customers
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The ability to strategically anticipate the future requires constant monitoring and
evaluating of competitors. A majority of businesses do keep a watchful eye on the competitors
they see. Some even dedicate an entire staff for competitive analysis.
However, the competitive analysis often is limited in scope, focusing solely on the competitors
of today and their current performance.
Sustaining a competitive advantage requires a company to broaden its view of the
business landscape. Companies need to become their consumers and channel partners, in
addition to walking in the shoes of competitors.
For example, a sports arenas management team could view its competition as any of the
following:
Other sports arenas.
All sports arenas in the area.
All entertainment venues and options in the area.
All leisure venues and activities.
The most accurate competitive analysis lies in determining what customers consider as
the real alternatives. What can appear to be only an ancillary challenge can quickly turn into a
full frontal attack?
For example, before the rise of eBay, elite auction businesses such as Sothebys and
Christies did not consider online auction sites a threat. They were considered nothing more
than high tech flea markets.
Those auction houses do consider eBay a threat today.
Any business that is involved in the industry in which you compete - - or that is targeting the
same core customers - - must be on your radar screen. Those that are growing or attracting
positive reviews from your customer set must be monitored.
Benchmarking
An enterprise needs to maintain a healthy share of wallet and share of mind of its
customers. Often this involves researching best practices - - what great businesses are doing to
wow existing customers and reach new ones.
As a way to co-opt potential competition and to understand possible game changers,
benchmarking can be a valuable tool. Looking at companies that excel at a facet of your
business means you can learn from businesses in other industries. Those leaders can have a
major impact on consumer expectations.
For example, studying the businesses of the major package delivery services such as UPS
and FedEx can help many companies learn how to streamline product delivery systems. That
knowledge can be applied either to improving internal operations, or in selecting collaborating
opportunities.
However, the hype around benchmarking can become a detriment for many businesses,
particularly small companies. As Edith Wiarda and Daniel D. Luria of the Performance
Benchmarking Service at the Industrial Technology Institute in Ann Arbor, Michigan, advise in
The Best Practice Company and Other Benchmarking Myths: Five Lessons from Real Data,
companies need to be cautions in seeking benchmarking partners.
According to Wiardas and Lurias five reasons:
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Youre probably not as good as you think you are. However, when armed with hard data,
you can shock your organization out of complacency.
Standard benchmarking how-to guides often are poorly suited to smaller companies. If
you manage a small business or one that doesnt receive much managerial or technical
support from your corporate parent, then youll have to
craft a benchmarking approach that will work for you.
Searching for an all-around best practice partner is a waste of time. No one
company is good at everything.
Use value-added per employee for a quick meaningful assessment of your overall
performance. Focus your improvement efforts by considering what stand in the
way of large gains on this measure. Value added is defined as sales less the cost of
any purchased parts, materials and services. It measures the market value of the
work done in a business.
Be prepared to mount a resourceful, committed search for best practice partners.
Many excellent firms never get written up in the trade press. Look beyond the
usual literature searches.
Competitor Focus
Having a person or team familiar with each competitor enable management to garner real-time
perspective as specific issues emerge. A key here is to develop scenarios reflecting likely
strategies these competitors might pursue.
Through surveys or customer satisfaction measurements, research can pinpoint specific
competitive advantages and disadvantage in performance and in marketing.
Here, a best practice is to not only compare with direct competitors but also with whatever
respondents feel is the best company in a specific category (for example, handling telephone
inquiries, having a great Website, etc.). Asking respondents to identify the best company
provides input for the radar screen and for benchmarking.
A second tactic is to employ mystery shoppers, customers who are blind to your enterprise
(and to your competitors) that actually shop and buy to evaluate performance in a focused
apples-to-apples manner.
A third tactic is to interview channel partners or other third parties about various competitors
performance.
3. Learn from the Future
Life-and-death decisions probably are not part of your daily business routine. For some
professions, however, the ability to anticipate literally means the difference between life and
death.
Wayne Burkan, in his book Wide Angle Vision, cites jet fighter pilots, snipers (a legal
division within the U.S. Marine Corps), and the Secret Service as examples of groups that rely
on anticipation an decision-making.
These groups have several traits in common:
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nonexistent margins. At the years start, Yello, for instance, raised its prices by 18 percent,
including an energy tax that accounted for three percentage points of the increase.
Lower prices for customers are among the primary goals of most deregulation efforts. Of
course, increased competition can indeed prompt former monopolies to search for greater
efficiencies, thus reducing costs and, potentially, prices. But if misguided policies spur
struggles that bring prices below the level needed to cover costs, neither companies nor
consumers win, since the former may be so crippled that they can no longer guarantee basic
supplies and services to the latter. In addition, if a price war succeeds in destroying all
attackers, a shattered market will be left with little competition.
In most cases, established companies launch price wars believing that once the dust has
settled, prices will rise again. However, psychologically and politically, it can be far more
difficult to orchestrate a price increase than a price cut. Throw a stubborn into the mix, and
incumbents can find themselves trapped in unsustainable rate structures. In our analysis,
optimal prices for incumbents can be as much as 20 percent higher than those they actually set.
Even then, average market prices will likely fall from monopoly levels, and incumbents must be
prepared to lose some of their customer base. Nonetheless, if the right factors influence their
pricing decisions, they and the market will remain healthier.
2. Four Factors
An examination of deregulated markets, mostly in Europe, has taught us that the
incumbents managers tend to make the same mistakes when they address the problem of
pricing. As deregulation starts, they feel the pressure of many unaccustomed challenges: for the
first time, they must think about growth, regulatory strategies amid competition, cost cutting,
organizational change, and so on.
Overwhelmed by such problems, the managers see pricing chiefly as a tool to protect
market share and dont put enough effort into devising profitable pricing policies. Often the
incumbents misinterpret or ignore four key factors that should influence their pricing strategies:
competitors prices, switching rates, customer value, and cost to serve. When all of these factors
are weighed correctly, incumbents often find that they can actually charge a premium over
attackers rates, and this discovery may well be the key to their continued profitability.
1. Competitors Prices
In the deregulating markets we have examined, the most important influence on pricing
decisions is competitors prices. For customers, especially in mass markets, the newcomers
price is the major element differentiating competitors. Often, however, the incumbent focuses
on the wrong attacker: in an extreme example from Austria, mobile-phone attackers that
mistakenly saw even the established telephone network as a competitor drove mobile-phone
rates lower than their terrestrial counterparts did when the incumbent followed suit. More often,
when facing multiple attackers, incumbents almost by default worry about the lowest price
being offered rather than the most relevant. Incumbents, in setting their own prices, should
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focus on those of the competitor that is best known in the market and has the greatest chance of
luring away customers. Price elasticitys, price transparency, and customer perceptions of
individual companies are quite uncertain at the start of liberalization. Hence, incumbents may
erroneously focus on undercutting the lowest price charged by any competitor, regardless of its
ability to attract customers.
What is more a former monopolist generally underestimates its competitors: believing
that it can outlast any of them, it sets prices without fully anticipating the speed and vehemence
of their pricing reactions. Incumbents are often unpleasantly surprised by how long the
competition can sustain low prices even when they fall below the cost to serve.
In Germany, for instance, incumbents in various sectors underestimated the staying
power of new rivals such as Yellow. The result: aggressive price reductions that drained profits.
2. Switching Rates
As soon as the customers of a monopoly can choose another supplier, some of them will
inevitably do so, and others will follow if the incumbent charges more than its rivals do. This
switching rate is a second factor that must be weighed in setting price levels in newly
liberalized markets, though incumbents actually tend to overestimate the amount of switching
that price differentials are likely to trigger.
These inflated estimates are based on the often-exaggerated ideas of executives at
incumbent companies about how much time their customers spend mulling over their services.
In reality, many customers see them as commodities that are hardly worth thinking about at all.
As a result, comparatively few customers even consider switching unless the advantages, such
as a large price differential, heavily outweigh the bother of changing providers. The fears of
such managers are often generated by horror stories they hear from other deregulated markets,
but they usually fall to notice the high premiums charged by the incumbents there. Companies
that act upon anecdotal information about switching rates, without considering these premiums,
can make faulty pricing decisions.
In Germany, the energy incumbents worried when Yello, in 1999, launched one of the
largest advertising campaigns in the countrys history in an attempt to sign up 1.3 million
customers. A year later, the attacker had only about 400,000 of them. Just 1 to 2 percent of
private customers in the German energy market have switched since the coming of
deregulation, in 1998. The relatively small price differentials were only one factor: in addition,
monthly energy bills were generally low, the potential difference in payments didnt justify the
effort needed to compare offers and switch; and there were structural obstacles to switching,
such as lengthy notice periods for cancellation.
Our analysis of several markets in the years after liberalization shows that incumbents
charging a 5 percent premium endured switching rates that actually never exceeded 2 percent of
the customer base a year (Exhibit 2). After peaking immediately following deregulation, the
rate actually fell. Of Course, as price premiums increase, so does the likelihood that a larger
proportion of customers will jump to an attacker.
3. Customer Value
76
Few things are dearer to the hearts of incumbents than their customer base, but the
quixotic effort to retain a 100 percent market share leads them to misunderstand the value of
their customers. In the prevalent view, all of them have the same high value, but that just isnt
right: their individual value varies according to such considerations as the size of the price
premiums they are willing to pay before they fly into the arms of competitors, how much
additional revenue they can produce through cross-selling, and the cost of reacquiring them.
Although an ex-monopoly must keep a substantial share of the market, keeping all of it is
impossible.
Fortunately, one of the factors that determine the value of customers is their readiness to
jump to the competition. If a customer is the kind of person who switches easily, retention
efforts are better directed at others, since the likelihood of success is small. However, for
incumbents that have spent so much time in a monopolistic world, it is hard to accept the idea
that likely switchers have a lower value and can be shed with only a marginal impact. Managers
must understand that it is better to lose fickle customers than to keep them at unrealistically low
prices-an approach that cuts margins earned from all customers, even those who are fewer
prices sensitive.
Traditional, volume-driven customer strategies usually inexperience in acquiring (or, in
this case, reacquiring) customers, for as monopolies, the incumbents didnt have to worry about
attracting them. Incumbents tend to assume that a customer, once lost, is lost forever.
4. Cost to Serve
The final factor that incumbents often misjudge is the true cost of serving individual
customers. In a controlled market, incumbents generally calculate their prices by adding an
acceptable profit margin to their total costs rather than taking the time to determine the cost of
serving individual customer segments. Faced with competition, incumbents set aside even their
rudimentary estimates as they rush to meet or beat competitors rates. Pricing below cost can
work only in the short term. It is a safe bet that prices will start rising again once the market
settles.
As incumbents own costs should serve as an absolute short-term, price minimum. Until more
accurate price information is announced, the costs of competitors can be used as a proxy for
their likely price structures. In the electricity sector, for example, an attackers costs can be
reasonably estimated by taking the generation or purchase cost of the electricity and adding grid
fees and an estimate of fixed costs such as overhead.
3. Reasoned Decisions
By intelligently evaluating the four factors, incumbents can make more reasoned
decisions about how to revise their pricing policies in the face of increased competition. Rather
than blindly undercutting attackers, incumbents can safely charge private customers and most
commercial accounts a premium that secures their business, avoids costly price wars, and
preserves the market.
However, this premium is not without complications. First, of course, the incumbent must be
willing to shed a portion of its customer base, probably as much as 20 percent in the first year. Still,
77
the situation should be monitored closely. As concrete data begin to accumulate, some assumptions
may prove to be incorrect, so prices will have to be adjusted. In addition, incumbents should include
in their pricing policies certain triggers-such as levels of market share or competitors prices-that
would initiate changes in policy. Conditional pricing can free managers to turn their attention to
other important issues.
Of course, closer attention to pricing isnt of benefit solely to companies in deregulating
markets: the model distilled from them can be adapted to other situations characterized by
intense price competition. Structural changes and cyclical shifts in markets or industries that are
already competitive, for example, often-inspired companies to defend their market position
through price cuts. Moreover, companies in price-sensitive sectors of e-commerce-particularly
business-to-consumer (B2C) companies struggling to acquire customers-are prone to some of
the same mistakes that deregulating incumbents make. Pricing is an important value lever, but
many managers in deregulating markets have trouble determining the right price for products
and services. These managers, misinterpreting or ignoring the four factors that inform rational
price setting, embark on self-destructive attempts to keep customers at any cost. They must
learn a tough lesson: that to optimize value, it is necessary to lose customers.
4. Using the Factors
The optimal price for a product or service-the price that can help assure profitability and
long-term financial health-cant be revealed solely by the four key factors (competitors prices,
switching rates, customer value, and cost to serve) that should influence pricing in deregulating
markets. We have devised a model that shows incumbents the size of the price premium they
can charge when new competition arrives.
First, the model sets a demand curve against profit margins, or price less cost. Demand
for the services of an incumbent, as represented by its customer base, is steady until its prices
raise higher than those of the most formidable-in other words, not necessarily the cheapestattacker in its market. At this point, demand will start to decline. The slope of the declining
demand curve is primarily a function of the markets switching rate; the more likely customers
are to switch, the steeper the slope will be.
Second, the model charts the total marginal contribution, or revenues less cost, against
the margin. At both extremes, the total marginal contribution is zero. Where price equals cost to
serve, the margin is zero, and the total marginal contribution is also zero. At the other extreme,
the price and the marginal contribution are so high that all customers switch. The curve, which
is easy to model, shows that the total contribution peaks somewhere beyond the line
representing the main attackers price. At this level, the incumbent charges a premium that
maximizes the total current marginal contribution and accepts the inevitable loss of some
market share.
But the premium level that maximizes the current marginal contribution doesnt take into
account future customer value, including any additional margins that would result from rice
premiums in the future, profit potentially generated from cross-selling, and the cost of
reacquiring customers. Incorporating future customer value into the model has the effect of
78
moving the optimal price lower, assuming that there are unrealized benefits in retaining more of
a companys customers. This final price helps to secure a companys future earnings while still
preserving a price premium that makes current operations profitable.
Besides organizing sports events, social and cultural festivals, Patrika also undertook the
challenging task of publishing important books and that of helping the educational institutions
or enriching libraries. It organized many adventures or helped NGOs who initiated such projects
as inculcated the spirit of courage among kids or youths. It was never motivated by
considerations of fickle fame but thinking that social concerns and human values deserve
utmost attention, it fulfilled its obligations to society in the spirit of selfless dedication. When
the Indian Army was sent to the borders to face the threat of war from Pakistan, Patrika sent
adventurous youths on motorcycles to the snowy valleys to ' boost the soldiers' morale with
auspicious messages of good wishes and greetings. When Patrika realized that common
ordinary citizens encounter great difficulties in getting their legitimate problems solved
everyday on account of bureaucratic redtapism, it started a helpline and called upon the people
of the state to write to Patrika about their problems and grievances. Patrika fought for their
cause by taking the issues to the departments concerned and saw that their grievances were
redressed.
Hundreds of retired Govt. employees or ordinary citizens have benefited from this
initiative. Not only had this Patrika come forward to help the people of a particular region to get
their problems solved. The response was overwhelming and the bonds of love for Patrika grew
stronger
Everyone in India had heard that Vedas had in them an ocean of wisdom but since they were
written in Sanskrit ordinary people remained ignorant about them, Patrika's founder editor Mr.
K.C. Kulish began to study them and wrote a series of books in simple language and thus
brought the Vedic wisdom within the reach of the ordinary people.
The voluminous book entitled SHABD VED that Mr. Kulish compiled after years of hard work
is a living testimony to Patrika's contribution to enrichment of values and preservation of our
cherished ideals.
Mr. Karpoor Chandra Kulish, the founder of Rajasthan Patrika, throughout his life as a
journalist, tried to fulfill social commitments to a large extent and till date Patrika is following
his footsteps. Rajasthan Patrika has always worked for the betterment of society. It showed
kindness towards birds and animals, it encouraged talented people from every field and worked
hard to bring the hidden talent to limelight. Jan Mangal Kalyan Charitable Trust was set up
which played a very important role in encouraging the people from the field of sports and social
work. It either helped them from its own resources or raised donations for the budding talents.
Rajasthan Patrika has left a noticeable mark in the field of publication. It has worked hard to
make people more knowledgeable.
Patrika has always been ahead for public service and in this field it has organized many
Learning License camps for the common people. Patrika has always showed its keen interest in
the field of public health and in this direction it has organized several Blood Donation Camps,
which has turned out to be a huge success. Being a newspaper Rajasthan Patrika has always
fulfilled its duty to make the people of Rajasthan aware of their rights. In this regard Patrika did
80
a campaign in which the reporters traveled all over Rajasthan and tried their level best to make
the people aware of their right to vote. The people appreciated this gesture and gave their full
corporation. Patrika has even organized many cultural events. Patrika every year organize a
Book Fair in public interest. This fair is organized in a large scale where people can find books
on all subjects and beside that people also enjoyed the cultural program. Recent addition to the
list is the Health Fair organized by Rajasthan Patrika. This fare got a lot of appreciation from
the masses and people from far and near participated in the fair and satisfied their quarries
related to health. Rajasthan Patrika not only plays the role of a newspaper but also the role of a
social reformer.
Latest Activity
1) Singing competition (Golden Voice): Patrika was organize a singing competition thats
name is Golden Voice, and for this competition candidate came from all over Rajasthan and
winner of the competition is Mr. Sandeep Achrya from Bikaner.
2) Dance competition: Like above function, Patrika also organize a dance competition for
population of Rajasthan
3) Patrika in education (Investing in tomorrow): Now days this program is very popular in all
over Rajasthan for his quality .in this program all hobby classes for student. Including dance
classes, painting, acting anchoring, skating and beauty parlor course and many more facility
in this function. It is organize in only summer .company provide a appreciation latter for who
top in the 10th and 12th classes
4) Organizing GARBA dance function: it is special kind of function that is organized in
NAVRATRA for specific period.
5) Amrtmam Jalm (for saving water): it is organized in dry condition. It is public awareness
program. In this program try to solve the problem of water in Rajasthan and also try to
solve the problem of unemployment by giving them through this program.
Social Marketing of Rajasthan Patrika in form various activates
Summer School of Rajasthan Patrika
Community involvement has been a part of Rajasthan Patrikas heritage.
Patrika in Education, established on 01.01.2001, endeavors to promote and insure all
Round development of the society students, young adults and senior citizens, professionals,
especially for the youth.
PIE in this short span has run as many as 67 courses on variety of topics such as Exam
Taking Technique, Essay Writing and Artwork Competition, IT
Educational Fair, Spoken
English Creative Writing CC in financial Marketing Management, CC in Public Relation
Personality Development, Yoga, Computers, Instrumental items and various type of dances
(Folk, Cultural and western dance) etc.
Every course has a special skill, for the career opportunities for the students.
Patrika was inviting top most faculty of the town for every course.
Who 50,000 people have attended.
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Another 50,000 have been benefited from Turning Point Club E-club another project
Supported by PIE.
The public response towards PIE programs have been very enthusiastic even its
Paid programs are booked full.
PIE also organizes several sponsored contests & quizzes and also sports competitions,
In fact anything that catches the fancy of youth and orients them positively.
83
It
Customer connect at yet another level
Second year of success1.5 lakhs copies to be distributed in Jaipur alone.
FIND IT Yellow Pages
FIND IT CDs
FIND IT Phone -in Service
FIND IT Listing on the web
Patrika Mobile
Value added mobile services
Premium Contests
84
Fairs
.
S.No.
EVENT
1.
2.
3.
4.
PLACE
Jaipur
Jaipur
Jodhpur
5.
6.
Jaipur
7.
Jodhpur
10.
11.
Kota
8.
9.
Udaipur
Ahmedabad
Ladnu
DATE
No. OF
VISITORS
th
( 30 Nov to 10 Lakh
8th Dec )
( 24th May to 11.5 Lakh
1st June )
( 1st to 9th
18 Lakh
Nov )
( 6th to 14th
11 Lakh
Dec )
( 8th to 16th
14 Lakh
May )
( 30th Oct to 16 Lakh
7th Nov )
( 4th to 12th
18 Lakh
Dec )
( 15th to 23rd 16 Lakh
2005)
( 5th to 13th
7 Lakh
Feb )
( 10th to 18th 2.5 Lakh
Feb )
( 26th Feb to 8 Lakh
6th March )
85
86
S.N EVENT
PLACE
o.
1.
Dandia
Jaipur
2.
Summer School 2003 Jaipur
DATE
No. OF
STUDENTS
( 14th May to
23rd June )
( 6th to 24th
Aug )
( 9th & 10th
Sep )
2500
Students
900
Participants
1000
Audience
( 3rd to 29th
Nov )
Udaipur
( 12th to 29th
Jan )
Jaipur
( 16th May to
12th June )
Jodhpur
( 24th May to
19th June )
Kota
( 24th May to
19th June )
Udaipur
( 24th May to
19th June )
All Rajasthan ( 1st Week of
Aug )
Sriganganaga ( 8th to 30th
r
Oct )
Alwar
( 8th to 30th
Oct )
Ajmer
( 8th to 30th
Oct )
All Rajasthan ( In the
month of Oct
)
Jaipur
( In the onth
of Oct )
Bhilwara
( 18th Nov to
8th Dec )
Bikaner
( 18th Nov to
8th Dec )
Jaipur
( 22nd Nov to
29th Jan )
Jodhpur
14 may to 27
June
Jodhpur
17 may to 21
June
535 People
3.
H3 2003
Jaipur
4.
Udaipur
5.
1st International
Childrens Festival
2003
H3 Savera 2003
6.
H3
7.
8.
9.
10.
11.
Celebrating Success
12.
13.
14.
15.
16.
17.
18.
19.
20
Shikhar Refresher
Classes
Summer school 2007
21
Jaipur
650
Participants
3800
Participants
1700
Participants
1700
Participants
1200
Participants
10000
Students
412
Participants
460
Participants
365
Participants
2000
Participants
1500
Participants
381
Participants
482
Participants
349 Students
2000 student
2700 student
87
the press has grown both in terms of numbers and professional quality it cannot be gain said
that it is totally inadequate for India and inconsequential by the standards of developed
countries. Our vast population the reach of the press is not adequate. The average comes to 20
copies per thousand persons, whereas the lowest average of developing countries is 100 plus.
Newspaper is facing several problems and challenges. Some are discussed below:
1.
Challenges of TV and Radio:
Newspapers are facing several problems and challenges. The growth of electronic media
i.e. TV and Radio, has posed a major threat to newspapers.
The growth of the electronic media has not only affected newspaper circulation but also the
advertising business of newspaper. The share of the print media for ads dropped from 79% in
1984 to 70% in 1990 and further to 66% in 1992.
It is only through improved technology and better services that this challenge can be met.
2.
Newsprint Policy:
The Governments policy about newsprint is not encouraging. Newsprint supply in India
is state controlled. Shortage of newsprint has adversely affected the interest of the press.
Circulation has been restricted because of it. This is indeed one of the saddest facts about the
Indian press. Without newsprint the Indian press will be stunted and choked and therefore, the
need of the hour is that changes be made in the newsprint policy of the Government for the
benefit of the press.
3.
Pressures of Law:
The press also faces pressures of law. While the Indian Constitution upholds the freedom
of speech and expression it does not specifically guarantee freedom of the press. It is important
to note that even the freedom of speech and expression was abridged when Article 19 of the
constitution was amended to permit reasonable restrictions on the right of freedom of speech
and expression in the interest of the sovereignty and integrity of India, friendly relations with
foreign states or public order, decency or morality or on the ground of contempt of court,
defamation or incitement to an offence.
4.
Influence of Industrialists:
Besides the clutches and jargons of law, what has ailed the freedom of the press in the
influence of industrialists.
5.
Press and Legislative Powers:
It is well know that legislators enjoy several privileges in India. On several occasions
journalists invite the wrath of the legislative assembly and a privilege motion is passed against
them. A privilege motion is an instrument through which the legislative assembly tries to
safeguard its rights and prevents others from making an inroad into its privacy.
6.
Pressures of the Government:
In addition to the above, how the Government puts, pressure on the press is evident from
the observations that Now days it has become a common phenomenon on the part of the
Government to muzzle the press when the latter points out its flaws, weaknesses and
89
Other problems:
90
Truth in the news-which encompasses telling fairly and intelligently, influenced by big
Business , Big Labor or Big Government. The last is becoming the more important.
A newspaper must find what is true and what is in the interest of the nation. They should
aim at development of a humanistic vision of society in which a man is treated as man and not
as a Catholic or Protestant, Hindu or Muslim, Jew or Christian.
Of greatest importance is the freedom of the press. Freedom of the Press is indispensable
in democratic setup. However, the press must act with responsibility, be fair and independent,
and neutral objective. The Indian Press, however, requires dynamic leadership on the part of
newspaper proprietors and editors for making the press a courageous and independent estate,
and for ensuring that the Press in India is not silenced by the bureaucrats and politicians, gagged
by the legislature, repressed, and muzzled by the various pressure groups. Such a leadership is
also required to utilize the fruits of technology and development and to peep into the countrys
problems and suggest suitable and plausible remedies.
It would be in the fitness of things to point out the International Principles of
Professional Ethics in Journalism, which must be followed by Indian Journalists in true spirit.
These principles are:
Following the above-mentioned principles can be changed the problems and challenges
scenario and can prove the remedies but the efforts should be made on it.
91
A newspaper plays a crucial role in society. Besides providing information to its readers,
a newspaper aims at educating and leading the public at large and protecting rights and freedom
of the people. Giving right perspective to the facts, providing a forum for debate and discussion,
inspiring people for cooperation, love and unity, improving quality of life and entertainment are
some of its other goals. A newspaper is, therefore, an instrument of social change. It must
uphold moral and ethical values in society, provide a truthful, comprehensive and intelligent
account of events, and give meaning to them. Undoubtedly, a newspaper must act with
responsibility, be fair and independent, and neutral and objective. Therefore, a newspaper must
follow the tenets of journalism.
Essentially, a newspaper should be commercially viable and managerially effective. It
cannot succeed in the end unless it is entrenched financially and applies the principles of
management. Management plays a pivotal role in a newspaper organization. The success of
newspaper organization is determined by the effectiveness of its management in terms of its
competence, integrity and performance. Management makes the human efforts in a newspaper
organization. The success of newspaper organization is determined by the effectiveness of its
management in terms of its competence, integrity and performance. Management makes the
human efforts in a newspaper organization more productive. The inputs of labor, capital and
raw material do not by themselves ensure growth of a newspaper establishment. It requires the
catalyst of management to maximize the results. It is rightly said that management is the mover;
and development is the consequence. Howsoever sound and credible the journalistic product of
a newspaper organization may be, the fact remains that it cannot succeed without professional
management. The managerial functions of planning, organization, coordination, motivation and
control must be performed effectively and purposefully in the newspaper organization. The
activities in the editorial, advertising, stores, printing, personnel, accounts and other
departments have to be planned, organized, coordinated and controlled properly, failing which
the objectives remain unachieved.
Rajasthan Patrika Gives many essential benefit to his customer, that is not given by any
newspaper, some facilities, which is differentiate to his competitor like, its Granted gift
program in end of every month and Patrika in education in every summer vacation for all
type of student and Amrtam Jalm for public awareness and increasing customer strength in
every year or RAJASTHAN PATRIKA already have leading share in the market. And
involvement of Rajasthan Patrika in social activity and connection with many charitable trust.
This Company have many features in his product, if we see news paper of Rajasthan Patrika;
there are many additional colour papers for his reader. And they have a separate paper for every
generation. For youth news paper has Bollywood and Patrika Ravivariya and for ladies Patrika
has Parivar .and for child, Patrika has a magazine called chottu mottu. This news paper
always gives updated news not copied by other .its Editorial paper is one of the major strength
of his. It is very special paper .because in this paper a critical matter is given that is related to
political and social. Rajasthan Patrika news paper always has little for the advertisement that is
so the news paper has more news then other news paper .now days Rajasthan Patrika has its
own news channel and music channel. It means if any person not have time for reading news
paper then he /she can watch these news on Patrika news channel. And his news channels
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telecast all special facilities for his viewers. Its viewer can see song on his or her choice .Patrika
is started a new program called Patrika in Education .it is totally no profit no loss program for
Patrika .but this program always increase goodwill of the company. On news channel Patrika
telecast only news and much discussion and criticize relevant topic. As we know that Patrika
also telecast some serial on national network. These serial gives more news related to only own
state and many awareness program for people of Rajasthan. And also give information about
our culture and our great history. The price of paper is less then to his competitor .so it is an
also one major strength for its company. Patrika has 17th edition in all over India. And its
customer figure and its edition so popularity in all over India .Patrika get all type of award
related to media industry it is big strength of company.
Now a day, if we compare Rajasthan Patrika to others news papers, who is published in
Jodhpur, there is no one providing any facilities equal to Rajasthan Patrika. Because like,
Rajasthan Patrika no one organize mega event like summer school at large level. Summer
school is totally social concept for Rajasthan Patrika. It is no profit, no loss business for
Rajasthan Patrika, even they going in loss through this project. Patrika has own four different
channels in Jodhpur, any competitor dont have any single channel on local cable network.
Another mega event is Golden voice, who gives a platform for the youth, who is interested in
singing .Sandeep Acharya is the winner of the first Golden Voice, after that he Participate in
Indian Idol and reached in final and win this mega competition. One is other event like Nach
Baliye it just likes Golden Voice, there is singing competition but here dance competition
among youth. And if we talk about customer loyalty, Rajasthan Patrika has many offers and
policies for his customer; like serials for public awareness, organizing summer school program
for the student, Water Harvesting Program, Public Relation Program, Free learning Licenses,
Social fair like (Dishaanye Carrier fair), Find It (Directories of Telephone numbers), Patrika
Mobile, Social Awareness Program (Like child spacing and many critical dieses).through these
activity Rajasthan Patrika try to complete his responsibility towards society and garneting brand
awareness in the district. Company become most popular through its GRANTED GIFT
SCHEME (in every month), EK KE PANCH OFFER AND RAJASTHAN PATRIKA CRAZY
OFFER .if company continue these facilities, its become more beneficial for the company.
Now a days company started a new offer which is differentiate to other media source, company
started insurance policy for his customer. Finally I conclude that in Jodhpur Rajasthan Patrika
are only one news paper, who always ready for taking responsibility towards and only one news
paper that have electronic and print media both in Jodhpur. Like Rajasthan Patrika on one doing
social activity for the society .
Bibliography
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