Marketing Analysis & Sales Development MBA
Marketing Analysis & Sales Development MBA
Marketing Analysis & Sales Development MBA
PROJECT REPORT
ON
FROM
ACKNOWLEDGEMENT
It is not a single man’s effort which is sufficient for the accomplishment
of a research. No task can be successful by a single individual. I
acknowledge here the names of those people who have been
instrumental in preparation of my project.
I take the opportunity to thanks Mrs Seema Tomar & Mr. Sumit
Gupta for motivating, encouraging, guiding and supporting at every
step and sparing his valuable time for me.
Last but not the least I record my sincere thanks to all beloved and
respectable persons who helped me and could find any separate mention.
Devashish
mandal
DECLERATION
Devashish Mandal
Table of CONTENTS
Introduction
About Britannia industries
Company overview
Company profile
Board of directors
Mile stones
History of Biscuits
Company Products
Activities of the company
Achievement of company
ntroduction
bout Britannia industries Pantnagar unit
Company profile
Departments of Britannia Rudrapur
Production in Rudrapur branch
Principles of the company
Objective of the Rudrapur branch
Introduction about the topic ;market analysis and sales
development
Workflow and reporting pattern
PEST& micro environmental factors
Marketing strategy
Market potential
SWOT analysis
Research
Observation and finding
Conclusion
Suggestion and recommendation
Bibliography
CHAPTER-I
INTRODUCTION
ABOUT
THE COMPANY
COMPANY OVERVIEW
The story of one of India’s favourite brands reads almost like a fairy
tale. Once upon a time, in 1892 to be precise, a biscuit company was
started in a nondescript house in Calcutta (now Kolkata) with an initial
investment of Rs.295. The company we all know as Britannia today.
Britannia strode into the 21st Century as one of India’s biggest brands
and the pre-eminent food brand of the country. It was equally recognized
for its innovative approach to products and marketing: the Lagaan Match
was voted India’s most successful promotional activity of the year 2001
while the delicious Britannia 50-50 Maska-Chaska became India’s most
successful product launch. In 2002, Britannia’s New Business Division
formed a joint venture with Fonterra, the world’s second largest Dairy
Company, and Britannia New Zealand Foods Pvt. Ltd. Was born. In
recognition of its vision and accelerating graph, Forbes Global rated
Britannia ‘One amongst the Top 200 Small Companies of the World’, and
“The Economic Times” pegged Britannia India’s 2nd Most Trusted
Brand.
Today, more than a century after those tentative first steps, Britannia’s
fairy tale is not only going strong but blazing new standards, and that
miniscule initial investment has grown by leaps and bounds to crores of
rupees in wealth for Britannia’s shareholders. The company’s offerings
are spread across the spectrum with products ranging from the healthy
and economical Tiger biscuits to the more lifestyle-oriented Milkman
Cheese. Having succeeded in garnering the trust of almost one-third of
India’s one billion populations and a strong management at the helm
means Britannia will continue to dream big on its path of innovation and
quality. And millions of consumers will favour the results, happily ever
after.
COMPANY PROFILE
Registered office of Britannia Industries Limited is situated in West
Bengal. This company is registered under Companies Act, 1956.
The main aim of the Company is to make available good and improved
quality biscuits to each and every part of the country.
The Company was established at the Pantnagar branch on 1st April 2005
mainly for production with a production coverage area of approximately
20 acres.
The Company’s head and registered office and works place are located
at the below mentioned addresses:
Works Places: -
33, Industrial Area
(b) Britannia Industries Limited
Plot No.1, Sector- 1
Pantnagar, Rudrapur-
263153
2002 BIL launches joint venture with Fonterra, the world’s second
largest dairy company.
Britannia New Zealand Foods Pvt. Ltd. Is born
Economic Times ranks BIL India’s 2nd Most Trusted Brand
Pure Magic –Winner of the World star, Asia star and India
star award for packaging.
2003 ‘Treat Duet’- most successful launch of the year.
Britannia saw the writing on the wall. It’s “Swasth Khao Tan Man
Jagao” (Eat Healthy, Think Better) re-position directly
addressed this new trend by promising the new generation a healthy and
nutritious alternative – that was also delightful and tasty.
Thus, the new logo was born, encapsulating the core essence of
Britannia – healthy, nutritious, and optimistic – and combining it with a
delightful product range to offer variety and choice to consumers.
HISTORY OF BISCUITS
Sweet or Salty, Soft or Crunchy, Simple or Exotic, Everybody loves
munching on biscuits, but do they know how biscuits began? The history
of biscuits can be traced back to a recipe created by the Roman chef
Apicius, in which “a thick paste of fine wheat flour was boiled and
spread out on a plate. When it had dried and hardened it was cut up and
then fried until crisp, then served with honey and pepper.”
The word ‘Biscuit’ is derived from the Latin words ‘Bis’ (meaning
‘twice’) and ‘Coctus’ (meaning cooked or baked). The word ‘Biscotti’
is also the generic term for cookies in Italian. Back then, biscuits were
unleavened, hard and thin wafers which, because of their low water
content, were ideal food to store.
Making good biscuits are quite an art, and history bears testimony to
that. During the 17th and 18th Centuries in Europe, baking was a
carefully controlled profession, managed through a series of ‘guilds’ or
professional associations. To become a baker, one had to complete years
of apprenticeship – working through the ranks of apprentice,
journeyman, and finally master baker. Not only this, the amount and
quality of biscuits baked were also carefully monitored.
The English, Scotch and Dutch immigrants originally brought the first
cookies to the United States and they were called teacakes. They were
often flavoured with nothing more than the finest butter, sometimes with
the addition of a few drops of rose water. Cookies in America were also
called by such names as “jumbles”, “plunkets” and “cry babies”.
As technology improved during the Industrial Revolution in the 19th
century, the price of sugar and flour dropped. Chemical leavening
agents, such as baking soda, became available and a profusion of cookie
recipes occurred. This led to the development of manufactured cookies.
Interestingly, as time has passed and despite more varieties
becoming available, the essential ingredients of biscuits haven’t changed
– like ‘soft’ wheat flour (which contains less protein than the flour used
to bake bread) sugar, and fats, such as butter and oil. Today, though they
are known by different names the world over, people agree on one thing
– nothing beats the biscuit!
OUR PRODUCTS
Little Hearts
Little Hearts was launched in 1993 and targeted the growing youth segment.
A completely unique product, it was the first time biscuits were retailed in
pouch packs like potato wafers. In 1997, the 'Direct Dil Se' campaign
encouraged youngsters to openly express their feelings. And in 2003, two
variants called Little Hearts Chocolate and Little Hearts Sesame were rolled
out with a campaign "Dil sabka actually sweet hai". With Little Hearts,
Britannia has tasted the sweet taste of success.
TIGER:
TREAT
Britannia launched Treat in 2002. Treat has a range of tasty delights for all kids with
yummy creamy treasures within the biscuit shells. Britannia Treat offers a wide
variety of flavours, such as the classic Bourbon & Elaichi, the Fruit Flavoured
Creams such as Orange, Pineapple, Mango, and Strawberry, the Jam Filled Centres
under the Jim Jam range, and the Duet Range (biscuits with two flavours of cream
between three layers of biscuit) comprising Strawberry Vanilla and Duet Strawberry
Chocolate.
MARIE GOLD
Britannia's oldest brand enjoys a heritage that spans the last 50 years - and going
strong. In a market swamped with me-too products and where even the name 'Marie'
has become generic, Britannia Marie Gold has maintained its stronghold. Today, the
ever-popular Marie Gold is synonymous with the 'Tea Time Biscuit'. Its taste,
crispiness and lightness make it a must for every tea break. It is the #1 brand in its
category by a long shot.
NUTRICHOICE
In continuation of the promise of "Swasth Khao, Tan Man Jagao," Britannia
introduced NutriChoice range of healthy biscuits in 1998. The brand is targeted
towards overall health and wellness for adults.
The range has for long comprised of three popular variants, namely NutriChoice
Thin Arrowroot, NutriChoice Cream Cracker and NutriChoice Digestive.
MILK BIKIS
Milk Bikis, the favourite growth partner of Kids, now brings greater value and
delight to all with its new product and pack design. Recently re-launched in its
existing Southern & Eastern markets, and extended across India, the new Milk Bikis
is all set to add excitement and appeal to ‘nutritious’ food. Whoever said that ‘good
food’ needs to look ‘dull and boring’, will just have to take a look at Milk Bikis.
With a unique and attractive honeycomb design and an enhanced product
experience, the new biscuit prompts the ‘Kid’s will love it’ reaction amongst
mothers.
BREAD
Till 1958,
there were no breads in the organized sector and bread consumption was a
habit typed by the British. Then, a mechanized bread unit was set up in Delhi
with the name “Delbis” which produced sliced bread and packed it under the
Britannia name.
The Mumbai unit came up in 1963. And there again Britannia was the
first branded bread in the city.
CAKES
Britannia entered the cake market in the year 1963 and is the top player in the
market. Britannia Cakes range is divinely scrumptious and has both Bar Cakes
and Cup Cakes which were launched in 2005. Bar Cakes are available in
variants that include Fruit, Butter Sponge, Chocolate, Pineapple, Milk, Vanilla
Chocolate and Orange.
RUSKS
Britannia launched its Rusks in the year 2005. In a Market full of unbranded
players, Britannia rusks have stood head and shoulders above the rest in terms
of sheer quality .They are made from the finest ingredients and baked with
care as they are twice as crisper as and tastier than ordinary rusks. The
communication for this mouth-watering offering is aptly “Enliven your spirits
with Britannia rusks”.
All kids who have relished the yummy creamy treasures of Britannia
Treat in exciting flavours, have yet another reason to celebrate!
Britannia Treat launches the amazingly yummy Treat Fruit Rollz!!
These tasty soft rolls are filled with real fruits and provide a healthy
yet mouth-watering treat to the kids. Fruit Rollz comes in four masti
fruit flavours - Juicy Apple, Strawberry Surprise, Tangy Orange and
Delicious Dates!
Want to know a little secret? They make the best Tiffin treats! So
during snack time what better than to munch on the delicious and
healthy Fruit Rollz and discover the yummy fruit flavour from within
the shells. Keeping up with Britannia's platform of 'taste bhi, health
bhi', Fruit Rollz is indeed a yummy snacking option for kids, while
keeping the Moms assured about the goodness provided by the fruit
filling.
A
C
T
T RESEARCH &
DEVELOPMENT
MARKETING I
E
S TECHNICAL &
EXPORT OPERATION
O
F
HUMAN
PRODUCTION RESOURCE
T &LEGAL
H
E
QUALITY E
ASSURANC
C
O
M
ANNUAL PERFORMANCE 2012-
13
Britannia Industries Ltd (BIL), India’s leading Food Company, for the
1st Quarter ending June 2013, reported an increase of 14% in its
Consolidated Revenue of Rs 1,539.6 Crores and a Net Profit increase of
93% at Rs 89.5 Crores. Operating Margin at 7.7% increased
significantly, compared with 4.7% in Quarter 1 of last year, despite an
increase in brand investment at 9.6% of Revenue, compared with 8.4%
last year.
Achievement of the company
THE Economic Times and AC Nielsen have announced the
most trusted brands rated by consumers all over India and across
categories. Britannia was in the India Top 10 list, ranked 9 across all
categories and 2 in the food category. Last year, Britannia rank was 7
and 2 respectively.
Britannia bagged two National Quality Excellence
Awards for 2013– one for Best End-to-End Customer Solution (Supply
Chain), and the second, for Planning, Processes and Systems. The
awards were given out on 14th February 2013 at Taj Lands End,
Mumbai.
CHAPTER-II
INTRODUCTION
ABOUT
THE
PANTNAGAR UNIT
INTRODUCTION ABOUT THE UNIT
(PANTNAGAR BRANCH)
INTRODUCTION
Britannia industries limited was established at Pantnagar on 1 stApril
2005 in the area of approximately 20 acres mainly for the purpose of
production of biscuits as this area is free from almost all types of taxes.
COMPANY EVENTS
HUMAN RESOURSE
FINANCE
PURCHASE
PRODUCTION
MAINTANANCE
QUALITY ASSURANCE
Unit Head
Finance
Human Resource
Production
Purchase
Engineering
Quality
OBJECTIVES OF THE UNIT
that value quality and food safety as a core pillar of the business.
Not all the brands of Britannia are produced in this branch only some
brands of biscuits are produced at this branch.
Production of biscuits in Britannia Pantnagar branch is divided in to four
Plants.
1) PLANT I
2) PLANT II
3) PLANT III
50-50
4) PLANT IV
range treat
5) PLANT V
Cake plant
SWOT ANALYSIS
STRENGTH
oodwill of company.
uperior quality and service to provide maximum benefits to customers.
he family environment in the company.
ontinuous growth.
arket share of the company.
ully Automation of the company.
ll India coverage.
conomical Price.
ax benefit to the company.
inancially a very strong company.
edicated work force.
ffective well designed and developed production and marketing network.
WEAKNESSES
torage capacity of the company is limited.
aw material is wasted at the time of unloading.
here is small board of Britannia at the entry gate.
Unit is situated far away from main plant.
and is not properly utilized.
Sound And Heat of machinery is high it effect the
efficiency of worker.
OPPORTUNITY
here must be more efficient utilization of the raw material.
here can be minimization of waste.
and can be used more efficiently.
o hire the worker as permanent base reduce the contract labors it help
workers to motivate them which help in increasing the employee morale.
here can be use of the foreign technologies for efficient utilization of
raw material so that the production of a biscuit can be increased.
THREATS
ew entrants in the business.
vailability of the other brands.
aste and preference of customers.
hreats of substitute products.
ivalry among the competitions.
I. SEIRI (Organization)
II. SEITON (Neatness)
V. SHITSUKE (Discipline)
SEIRI (Organization)
It is sorting between waited and unwanted things in a selected area,
region or domain.
SEITON (Neatness)
It means a place for everything and everything in its place .
SEISO (Cleanliness)
It deals with the job of thoroughly cleaning the workplace.
SEIKETSO (Standardization)
SHITSUKE (Discipline)
It means discipline which is called for strict adherence to a system form
our present unsystematic way.
standards.
with product and pack specifications which are free from contamination.
customers.
adequately.
business Outcomes.
to our customers.
create a culture that values quality and food safety as the core pillars of
our business.
CHAPTER-III
INTRODUCTION
ABOUT
THE TOPIC –
market
analysis and
sales
devlopment
WORK FLOW AND REPORTING PATTERN
Sales Officer
NEED RECOGNITION
The buying process starts with the buyer’s recognition of a problem of need.
The buyer senses a difference between his actual state and desired state.
INFORMATION SEARCH
There are different sources from where a consumer can gather information
like personal sources commercial sources, experimental sources.
EVALUATION OF ALTERNATIVES
PURCHASE DECISION
After purchasing the product and services the consumer will experience
some level of satisfaction or dissatisfaction with the product and services that
will influence subsequent behavior. If consumer is satisfied he may show the
probability of buying the product the next time, satisfied customer will say
good thing about the product, proving the statement that "satisfied customer
is the best advertisement.” A dissatisfied customer may take some action
against it. They may try to reduce the dissonance by abandoning returning
the product.
Political
The first element of a PEST analysis is a study of political factors. Political factors
influence organisations in many ways. Political factors can create advantages and
opportunities
for organisations. Conversely they can place obligations and duties on organisations.
Political factors which influence the Britannia are as follows:-
Provisions of Labelling
Market regulations.
Social
The third aspect of PEST focuses its attention on forces within society such as
family, friends,colleagues, neighbours and the media. Social forces affect our
attitudes, interest s and opinions.These forces shape who we are as people, the way
we behave and ultimately what we purchase.For example within the UK peoples
attitudes are changing towards their diet and health. As aresult the UK is seeing an
increase in the number of people joining fitness clubs and a massivegrowth for the
demand of organic food.
Technological
Unsurprisingly the fourth element of PEST is technology, as you are probably aware
technological advances have greatly changed the manner in which businesses
operate. Organisations use technology in many ways, they have
1. Technology infrastructure such as the internet and other information exchange
systemsincluding telephone2. Technology systems incorporating a multitude of software
which help them manage their business.3. Technology hardware such as mobile phones,
Blackberrys, laptops, desktops, Bluetooth devices, photocopiers and fax machines which
transmit and record information. Technology has created a society which expects
instant results. This technological revolution has increased the rate at which
information is exchanged between stakeholders. A faster exchange of information
can benefit Britannia company as they are able to react quickly to changes within
their operating environment. However an ability to react quickly also creates extra
pressure as businesses are expected to deliver on their promises within ever
decreasing timescales. Technology will continue to evolve and impact on consumer
habits and expectations,. If Britannia ignore this fact then it will definitely face
extinction.
MARKETING STRATEGY
The market process is applicable to more than goods and services. Anything related
to market including ideas, events, policies, prices and personalities comes under
market strategy. However it is important to emphasize opportunity in the market
through market strategy.
A strong quality of the product and customer satisfaction:
Customers always believe in good quality product. in my survey I found that in
percentage term more people is quality conscious and not price conscious. Customer
satisfaction is very important part of the organization that at any cost they have to
fulfill.
A growing relationship with customer and customer retention:
Nowadays a good relation with customer is very important for organization. Sale is
totally depending on the relation with the customers. Customer's retention is also a
major aspect for growing business. It means keep the old customer and try to make
new customer.
Focus on competitors activity:
Every organization should must be careful about it's competitors step, because they
can disturb the growing sales process of the organization.
A growing emphasis on global thinking and local marketing planning:
Companies are increasing by pursuing market beyond their borders. When they enter
other countries they must follow the tradition of that country and also they make plan for
local market that which type of product has more demand and how can it run in the
market.
Promotional Strategy
Under the market strategy promotional idea is very important. Organization
provides some schemes or rebates to retailers or consumers. They make
advertisement according to convenient of the people and the feature of the
product.
So on the basis of marketing strategy a organization runs in the market. It is
several types of which makes helpful to increase sales and turnover of the
organization
STP
Segment People who need and consume bakery and dairy products
Target Group Middle and upper middle class families, especially kids
India’s leading manufacturer of premium quality and healthy biscuits, bakery and
Positioning dairy products
3. Product:- A product is any offering that can satisfy a need or want. The
majortypes of basic offerings are goods, services, experiences, events,
places, properties, organizations, information and ideas. The company gives
more importance in quality, packaging, services etc. to satisfy the customers.
The products has it's life cycle. The product strategies are modified in
different stages of product life cycle.
5. Place:- This plays a major role in the entire marketing system. the
companyemphasis on it's distribution network. Proper distribution network
gives proper availability of the product.
Packaging Transport
Sizes
Services
MARKET POTENTIAL
Market potential of the BRITANNIA is much positive in competitive era and
will sure cover the maximum market share of biscuit product. Potentiality of
any product depends upon the futuristic performance of the product. it
depends that how much retailers have potentiality to be permanent seller of
BRITANNIA.
For great potentiality it is necessary to improve those factors which are going
to effect retailers. In my study I found some factors which can help to cover
great potentiality.
These factors are following:
Scheme delivery should in perfect determining time.
Some places distributors not able to cover his particular area. That
should be improved.
Scheme facility should be regular as much as possible.
These factors are very important for the organization. If company is able to
improve these all factors then definitely its market share will more increase.
Retailers will take more interest to sell Britannia biscuit and customer will
also enjoy for it.
A. Primary Objective
B. Secondary Objective
Project Scope
1. It gives information about the size of the retail network.
2. It gives information about the services given by distributor to their retailer.
3. It gives information about the competitors’ products.
4. It will serve consumer in better manner.
5. It provides suggestions to the company to improve their products sales.
6. It gives information about the sales promotion activities to improve the Dairy
Sale.
RESEARCH METHODOLOGY
5.1 Research Methodology: The research was conducted from 24thMay to 4thAug
2016. Theresearch include meetings with the Institutions. It included preparation of
the questionnaire to be answered by above people for knowing the competitive
position of Britannia in the Institutional Dairy market. The views of parties were
recorded in the research as per the questionnaire set by us.
5.1.1 Research Approach: The objective was to know the competitive positionof
Britannia in the Institutional milk business market thus in order to successfully
conduct the research the unbiased opinion of the above parties was desirable. Thus
we conducted the research as the representative of Britannia company and
sometimes the representatives of the other company like Amul or Paras in order to
have an unbiased opinion of the concerned persons and it worked to achieve our
goal.
5.1.2 Research Instrument: The research instrument was the structured
questionnaireformulated for the respondents. There were also the area maps.
5.1.3 Types of Question: The second important aspect in the designing a question is
to decidewhich types of question are to be used. Question can be classified in
various ways
.Questionnaire contains following type information-1. Open-ended question2.
Dichotomous question3. Multiple-choice Question. Both the questionnaire consists
of all three types of question. Mostly all questions are multiple type questions.
Dichotomous question are few in number.There is only one open-ended type
question.
QUESTIONNAIRE:-
Yes No
Yes No
Other(Specify)……………………..
Quality
Brand image
Availability
Packaging
Price
Sample Size: The sample size was as of 193 Institutions which includes Hospitals,
Hotels andrestaurants, Schools and colleges, NGOs, Offices and Companies etc.
|
OBSERVATIONS AND FINDINGS
• The awareness level of Britannia dairy Products.in bulk users is around 90% but
only 30% are using Mother dairy milk.
• The preference of purchasing milk by the bulk users is mainly quality, price and
timely availability. The reasons for not using by the bulk users are :
1. Higher price that is not meeting the competitors rate as bulk user are very price
sensitive. Other dairies are providing higher margin.
2. In case of canteens contract some of them prefer credit purchasing which is
against company’s norms and policies.
115
120
100
80
70
59
60
36
40 32
27
20
9 9 9
0 0 0
0
Chandigarh Mohali Zirakpur Total
16%
Amul
5% Nestle
7% Gowardhan
59% Local
13% Britannia
CONCLUSION:
Concluding observations
The final outcome of the project is that the parameters which hinder the
sale of Dairy are Price, Quality, Service and Taste. Milk market is a totally
unpredictable market and the organisation should be over-cautious of any complaints
that come into milk as it includes the sentiments of a mother for her kid and she
would not prefer to give anything to her kid for which she is not100% satisfied. So
the company should take every step possible to contain these problems which in
some way or the other affects the sale of Mother Dairy and its retailers.
The findings we got from this project will be of great help for the company as these
findings will help the organisation for improving their system as well as Dairy
SUGGESTION AND RECOMMENDATIONS:
Britannia can cut costs for some period of time followed immediately by
strong advertising. As we have seen during the research that most of institutions give
most preference to the margin provided to them on milk products .As the quality and
taste and availability of Britannia dairy Products. Britannia dairy Products are best in
market and local Dairy give companies good margin to them, Price remains the main
criteria of institutional Dairy sales.
Can start schemes like cash prizes or foreign trips on scratching the barcode
on the packet
Locate the institutions using competitor’s and provide them attractive offers
to increase the market share so that at least the big competitors will not try to
expand.
Mergers and Acquisition in the Dairy industry with local players help the
company in
. increasing its distribution network and Market share
Efficiency in distribution
*www.britannia.com
*www.Google.com
*Magazine of Britannia