STUDY 0f Marketing Strategy & PRODUCT LINE": A Project ON
STUDY 0f Marketing Strategy & PRODUCT LINE": A Project ON
STUDY 0f Marketing Strategy & PRODUCT LINE": A Project ON
Submitted to
Submitted by:
Azher saudagar M.B.A. 3rd Sem
Under Guidance
Prof. ASHFAQ SIDDIQUE HOD
ACKNOWLEDGEMENT
I wish to thank all those with whom I have worked, interacted and whose thoughts and insights helped me in furthering my knowledge and understanding of the subject. I would especially like to express my gratitude and sincere thanks to ASHFAQ SIDDIQUE (HOD) whose excellent teaching has left an undeniable print on my mind leading me to prepare this project report in a better way and which would not have been possible without his support and active guidance. I am highly obliged to him for the opportunity that he gave me to work on the marketing strategies of Dabur India Ltd.. The present report has made me learn a lot about the marketing industry as a whole.
Azher saudagar
DECLARATION
I do hereby declare that the project report is submitted as partial fulfillment of the requirement of MBA Program of INFINITY ENGEENIRING & MANAGEMENT COLLEGE SAGAR, (M.P.) The Project has been done under the guidance of SANDEEP JAIN (EXECUTIVE) in SAGAR branch, and PROF ASHFAQ SIDDIQUE Faculty guide INFINITY ENGEENIRING & MANAGEMENT COLLEGE
No part of this report has not been published or submitted elsewhere for the fulfillment of any degree or diploma for any institute or university.
I further declare that all the information, facts & figures furnished in this project Report are based on my intensive research findings.
Azher saudagar
IV sem
CERTIFICATE
This is to certify that this research report entitled Dabur India Ltd. Is the original work of Azher saudagar and it has been completed under my supervision.
CONTENTS
I ACKNOWLEDGEMENT II DECLERATION III CERTIFICATE ORGANISATIONAL PROFILE a. Objectives b. Introduction c. Companys History d. Management and Ownership structure e. Vision f. Companys Profile MARKETING ANALYSIS OF DABUR INDIA LIMITED a. Concept of Marketing b. Marketing Mix c. 4 Ps of Marketing DATA ANALYSIS AND INTERPRETATION FINDINGS AND RECOMMENDATIONS CONCLUSION AND SUGGESTION BIBLIOGRAPHY
OBJECTIVE
To study the present marketing strategy of Dabur India Limited To study the effectiveness of marketing strategy Of Dabur India Limited To know about the portfolio of Dabur India Limited
INTRODUCTION
Before the industrial revolution the emphasis was on production of better quality article. Production was carried on small scale and in most cases production was carried on in small quantities only when an order was placed in advance. In modern days production is carried on not only in large scale but also in anticipation of future demand. This situation had brought into sharp focus the other function of management as Marketing, Finance and Human Resources etc. The functioning of all these areas of management in a vibrant way full of vitality is important to the sustenance and advancement of the company towards prosperity. Dabur India Ltd. Is a company where a balance of all these fields exists and where they perform in a perfect harmony. Dabur was set up in 1884 by Dr. S. K. Burman, a physician tucked away in Bengal, to produce and dispense Ayurvedic medicines. His mission was to provide effective and affordable cure for ordinary people living in far-flung villages. Reaching out to a wide mass of people who had no access to proper treatment, Dr. S. K. Burman's commitment and ceaseless efforts resulted in the company growing from a fledgling medicine manufacturer in a small Calcutta house, to a household name that at once evokes trust and reliability. Dabur India Limited is India's leading FMCG Company with interests in health care, personal care and foods. Dabur has a history of more than 100 years and the company has carved a niche for itself in the field of Ayurvedic medicines. The products of Dabur are marketed in more than 50 countries worldwide.
The company has 2 major strategic business units (SBU) - Consumer Care Division (CCD), Consumer Health Division (CHD) 3 Subsidiary Group companies - Dabur Nepal and Dabur Foods Ltd & and Dabur International. Dabur International has 4 step down subsidiaries Dabur Egypt Ltd., Asian Consumer Care Pvt. Ltd. (Bangladesh), African Consumer Care Ltd. (Nigeria) and Weikfield Intl. (Egypt)
HISTORY OF DABUR
Dabur was incorporated in 1884 in a small Calcutta pharmacy where Dr. S. K. Burman launched his mission of making health care products. With the growing popularity of Dabur products, in 1986 Dr. S. K. Burman set up Daburs first manufacturing plant for mass production and in the early 1900s Dabur ventured into the business of nature based ayurvedic medicines for which standardized drugs were not available in the market. In 1936 Dabur sets up Dabur India Limited and a new manufacturing plant is set up in Faridabad on the outskirts of Delhi. In 1979 one of the largest and best equipped production facility was started near Sahibabad along with the formation of Dabur Research Foundation (DRF) signaling the launch of research operation in the pioneering area of health care. In 1986 Dabur became a public limited company and raised its first public issue in 1994 with the company share issued at a high premium and oversubscribed twenty one times. For better operation and management 3 separate divisions were created in 1996 according to the product mix, namely Health care products division, Family production division and Dabur ayurvedic specialties limited. In 1997 Dabur enters full scale in the nascent processed foods market with the creation of the food division. Project STARS (Strive To Achieve Record Success is initiated to give a jump start to the company and accelerate its growth performance) and in 2000 Dabur established its market leadership status with a turnover of Rs 1000 Crores. In 2005, Dabur acquired Balsara. Dabur crossed $ 2 billion market cap in 2006. Dabur foods merged with Dabur India in 2007.
From a small beginning and upholding the values of its founder, Dabur entered the august league of large corporate business. Dabur has also ventured into the specialized health care area of cancer treatment with its oncology formulation plant at Baddi in Himachal Pradesh and extended its global partnerships by entering into joint ventures with Osem of Israel for food and Bongrain of France for cheese and other dairy products. Dabur India Limited today is the third largest FMCG Company in India after a takeover of Balsara India Limited and with interests in Health care, Personal care and Food products. Powerful brands like Dabur Amla, Dabur Chyawanprash, Vatika, Hajmola and Real are the major contributors to Daburs turnover of Rs.2396 crore.
MANAGEMENT & OWNERSHIP STRUCTURE Board of Directors Dabur has an illustrious Board of Directors who are committed to take the company onto newer levels of human endeavour in the service of mankind. The Board comprises of:
Mr.Pradeep Burman
Independent Directors
Mr. P N Vijay
The C.E.O
COMPANYS PROFILE
Dabur India Limited is Indias fourth largest FMCG company. The first Dabur plant was set up in 1896 and research laboratories established in 1919. Dabur became a public limited company in 1986. In 1998, the Burman family, the original promoters, handed over the day-to-day running of the company to professionals. With effect from 1 April 2005, Balsara Home Products became a subsidiary of Dabur. Apart from Balsara, Dabur has five other subsidiaries Dabur Foods, Dabur Nepal, Dabur Egypt, Dabur Oncology and Dabur Pharma. Dabur has been marketing its products in more than 50 countries all over the world. The company has offices and representatives in Europe, America and Africa. Manufacturing facilities are spread across three overseas locations. Dabur India Limited holds its speciality in AYURVEDA. Ayurveda, the ancient Indian system of medicine based on natural and holistic living, derives from two Sanskrit words -Ayu or life, and Veda or knowledge. This Science of Life analyses the human body through a combination of the body, mind and spirit. Originating nearly 5,000 years ago, Ayurvedic texts were researched by Dabur in its quest for natural remedies. Today, its application in modern life has been renewed through the scientific research and validation undertaken at Dabur. Other than ayurvedic specialities Daburs product range also
encompasses health care, hair care, oral care, baby care, home care, food segments and digestive products . Some of the well-known brands include Amla Chyawanprash, Hajmola, Lal Dantmanjan, Nature Care and Pudin Hara.
Part of the companys success came from its highly active sales network. A significant proportion of Indian population, which would be top one billion before the drawn of the 21st century, still lived in rural regions and in extreme poverty. For much of this population, personal care products remained luxury items. Yet the company recognized the importance of building its brand in this region and as such the company developed a vast sales network and much more than 150000 villages. In 2002 the company prepared to enter a new management era and appointed Mr. Sunil Duggal as the C.E.O of the company. He joined in 1995 as General Manager (Sales & Marketing), and since then, with his dynamic spirit and leadership abilities he has led the company to achieve new heights and becamer the CEO of the Company, and with his valuable experience steering the company ahead in its growth plans. Dabur India Limited has marked its presence with some very significant achievements and today commands a market leadership status. Their story of success is based on dedication to nature, corporate and process hygiene, dynamic leadership and commitment to their partners and stakeholders. The results of the policies and initiatives speak for themselves. of this network was based on an army of independent, direct sales agents, who hawked the companys products in
Promoters
21% 8% 71%
Non promoter's holdings Public and others
Dabur India Limited is India's leading FMCG Company with interests in health care, personal care and foods. Dabur has a history of more than 100 years and the company has carved a niche for itself in the field of Ayurvedic medicines. The products of Dabur are marketed in more than 50 countries worldwide. The company has 2 major strategic business units (SBU) Consumer Care Division (CCD) & Consumer Health Division (CHD), and 3 Subsidiary Group companies - Dabur Foods, Dabur Nepal and Dabur International. Dabur International has 5 step down subsidiaries - Dabur Foods, Dabur Nepal, Dabur Egypt, Dabur Oncology and Dabur Pharma.
Glucose D
Hajmola Candy F
Nature care
Pudin hara
Sat isabgol
Pudin hara G
Shilajit
Anardana
Ring Ring
Hajmola Candy
Itch care
Dabur Honey
Back-Aid
Shankha Pusphi
Dabur balm
Sarbyna strong
The Consumer Care Division (CCD) that deals with pure FMCG products is a result of the merger between the personal care products division and the healthcare products division. The divisions portfolio includes health supplements, digestives and confectionery, oral care, hair care, and baby and skin care. The various categories under CCD are:
- Vatika fairness face - Vatika henna conditioning shampoo - Dabur red toothpaste pack
SUBSIDARIES
Dabur Foods a 100% subsidiary of US $ 3 billion Dabur Group realized the potential of the processed & packaged food industry (4th largest in the world), began operations as a separate division in the year 1999. It established brands in a market where the barrier to accept packaged food is high, and the fledging processed food industry was in a nascent stage in India. Today, Dabur Foods has kept its promise not only to the Indian consumers but to the world by providing them the very best products in packaged food class. Dabur Foods has a distribution networkthat covers175 towns and 75 thousand retail outlets making its product available to the consumers across the country at ease. With an understanding on the nuances of food distribution, the company has developed a unique handling and storage process, which ensures the minimum damage and expiries. To deliver fresh, the company has created a separate channel for retail and food services. With a dedicated system and logistics process, it achieves a balance between sales and production. Realizing the potential in the distribution network, Dilmah Tea, worlds 3rd largest tea brand, partnered with Dabur to reach the Indian Market.
CONCEPT OF MARKETING
Market in common language is a place where business is conducted or in other words where goods and services are exchanged. The term market is used in variety of contexts. It can be a wholesale market & Retail market. The managerial awareness and desire reflected in the consumer orientation for an all-out commitment to the market consideration and marketing operations to the consumer needs has given birth to new operational notion called the Marketing concept. Marketing as the word suggests simply means identifying needs of the customers or in others words to know about the pulse of each & every customer. A social process by which individuals and groups obtain what they need and want through creating, offering and freely exchanging products & services of value with others. The following are important elements for a marketing exchange to take place:a. Presence of at least two parties- Buyer and Seller. b. Both parties must have something viewed valuable by each other. c. Both parties are free to accept or reject the offer. d. Each party feels desirable to deal with each other. e. Each party is capable of communication and delivery. Marketing planning, involves buying different and functionsmarketing research, product
assembling,
packaging,
storage,
warehousing,
Transportation, promotion & selling. These functions helps the firm to realize its profit goal by actualizing potential exchanges with the customers.
MARKETING MIX
Marketing mix refers to the ingredients or the tools or the variables which the marketeer mixes in order to interact with a market. It is a set of marketing tools that the firm uses to pursue its marketing objectives in the target market. Marketing mix includes the following activities -product planning, pricing, branding, packaging, channels of distribution, displays, physical handling, advertising etc. All the activities listed above create what a marketeer offers to the market. It is through these that market is created and managed. The above list of marketing mix elements was reclassified by McCarthy into four categories popularly known as four Ps of marketing -: product, price, place and promotion.
PLACE Channel strategy Intermediaries Channel conflict Channel selection Physical distribution
PROMOTION Promotion mix Advertising Sales promotion Personal selling Publicity Public relations
PRODUCT
The product is the physical good or service offered to the consumer. The product is the most visible element of the marketing mix. When a firm introduces a number of products over time gradually, its offerings become many. That is, the firm becomes a multi product firm. Similarly, Dr. S. K. Burman started a small pharmacy in Calcutta in 1884 where he launched his mission of providing health care products. Which was later made a full fledged company Dabur (Dr. S. K. Burman) India Limited started with only few ayurvedic medicines. But now it has a bigger portfolio of products of variety of brands like hair care, health care, baby care & other different types of Home & Personal care products along with food and digestive products. Further the company can increase the depth of an item in the line by adding new variants. For example Dabur has added different flavours like orange and lime to its Glucon D. Daburs diverse product range is today manufactured in 9 manufacturing facilities within India and 5 other worldwide. Dabur's Ayurvedic Specialities Division has over 260 medicines for treating a range of ailments and body conditions-from common cold to chronic paralysis. Over the past two years, Daburs product portfolio has been systematically overhauled through re-launches and brand extensions, even as fresh forays have been made into new categories such as hair, skin care and home care. Recently two new products, disinfectant cleaner and kitchen cleaner under Dazzl brand. All these launches of new kinds of products will help the company to capture the potential market arising from the growing needs of the fast expanding market, especially the aspiring and affluent Indian household categories.
Dabur brands are broadly divided in to six categories:1) Health Care 2) Personal Care 3) Home Care 4) Ayurvedic Specialities 5) Foods 6) Guar Gum
Dabur Glucon D
It's a ready source of energy to fight tiredness and refresh you instantly
Dabur Honey
Health Ka Meetha Meetha Raaz. The purest golden honey collected from freshly harvested beehives. With the finest flavor, texture, and aroma, right down to the last drop. Absolutely pure, natural and with no artificial preservatives, additives or sweeteners. Dabur honey adds health and good taste to your food table.
HOME CARE PRODUCTS Odomos It is a effective mosquito repellent and safe for the skin.
Odonil It is a range of perfumed air fresheners, available in forms of block and aerosol forms.
Sanifresh
Sanifresh is a specialist toilet cleaner that comes with a guaranteed germ kill formula.
HAIR OILS
Dabur Amla Hair Oil Dabur Amla Hair Oil contains natural extracts from Amla which is good for hair.
Dabur Amla Lite Hair Oil Dabur Amla Lite Hair Oil is the non sticky version of Dabur Amla Hair Oil.
Dabur Vatika Hair Oil It is a delicate mix of coconut oil with special hair care herbs.
Dabur Anmol Sarson Amla Hair Oil It is the oil made from the extracts of Amla and Sunflower seeds.
SHAMPOOS
Vatika Henna Conditioning Shampoo It is a natural shampoo made from herbs like Henna, Shikakai and Green Almonds Vatika Anti-dandruff Shampoo
It is a naturall shampoo fighting dandruff problems in a better way without and side-effects as in case of chemical shampoos.
Vatika root strengthening shampoo It is a special shampoo enriched with coconut milk that nourishes hair from the root to the tip and strengthens them.
SKIN CARE
Dabur Gulabari Dabur Gulabari Premium Gulab Jal is the extract from fragrant roses. Vatika Fairness Face pack It is a ready to use fairness face pack.
Vatika Saffron Glow Soap The new Vatika soap variant has natural ingredient like Saffron and Sandal.
ORAL CARE Dabur Red Toothpaste Toothpast prepared from hebs that fight oral problems like bad breath, toothache and germs. Bianca Toothbrush Toothbrush that comes in different variants with different features. Dabur Lal Dant Manjan
The hebal Ayurvedic red toothpowder wich is widely used in the rural areas.
Babool Toothpaste It is a natural toothpaste containing Ayurvedic and medicinal benefits of Babool tree.
Meswak Toothpaste
Meswak is scientifically formulated toothpaste from pure extract of the miswak plant the famous toothbrush tree that has been used for centuries.
Promise Toothpaste This toothpaste contains natural and time tested clove oil, that helps keep the teeth strong and the gums healthy.
Real juices are prepared from the best quality fruits to ensure consistent quality all round the year. Packed with natural goodness of fruits, these juices have all the ingredients to keep you happy and healthy. Real juices have nine variants namely, Orange, Mango, Litchi, Guava, Tomato, Mixed Fruit, Grape, Pineapple and Cranberry.
REAL ACTIV The Real Activ ranges of natural fruit juices are free of any additives and preservatives. They are thus, cholesterol free and sodium-free and also contain all the essential nutrients required for good health.
Dabur foods have recently launched the fruit-veggie range under the brand of Activ. The variants in this range of juices are:
COOLERS These fruit drinks/juices are the latest addition to the kitty of Dabur Foods Limited. Coolers are drinks of cooling fruits, summer fruits like watermelon, green mango, pomegranate and Jamun. These drinks are cooling drinks which help you to beat the summer heat by cooling you from inside and maintaining the body water level. There are four variants of this range available in the market currently namely, ----Watermelon Pomegranate Aampanna Jamoon
CAPSICO
This is a hot fiery sauce which is made from pepper and chilli .It can be used in various ingredients like pizzas ,salads etc.
LEMONEEZ
No matter how expensive lemons get, Dabur Lemoneez makes sure they dont pinch the customers wallet. Priced at very reasonable prices for the natural juices of 30 handpicked lemons.
HOMMADE
Dabur Foods has launched a couple of products under the Homemade brand portfolio. These include: --Homemade Coconut Milk Homemade Soups --Homemade Ginger-Garlic Pastes Homemade Tomato Puree
Homemade Soups:
Baby Care
Dabur Lal Tail Dabur Lal Tail is a natural Ayurvedic baby massage oil, which contains the properties of time tested herbs. These strengthen the baby's bones and muscles, and help him/her stay ahead, It is useful for flabby, dry skin and wrinkles occurring during rickets.
Dabur Janma Ghunti, an Ayurvedic medicine, plays a dual role in the all-round growth of infants. It acts as an effective remedy for stomach ailments arising out of teething such as flatulence, constipation, diarrhoea, vomitting etc. Dabur Janma Ghunti also helps in the growth process by expelling intestinal worms and toning up the digestive system of the infant with the goodness of traditional Ayurvedic ingredients like Anjeer, Kishmish, Ajwain etc.
Dabur Gripe Water Dabur Gripe Water contains ingredients like Sarjikakshara and Mishreya tail, which are very useful in guarding your baby against common stomach problems like afara, aittan, indigestion and acidity. It's regular use ensures that teething causes no problems for your baby.
Digestives
Hajmola It is originally a Ayurvedic digestive medicine, which was first to be branded as a product. It is a mix of Indian culinary herbs, spices and edible salts. Hajmola is the market leader with 75% share of digestive tablets segment in India.
Pudin Hara G
Dabur's Pudin Hara G - for quick relief from gas and acidity. Completely natural, herbal and safe. And reinforced with the extra goodness of mint (pudina) for instant action against conditions of flatulence.
Pudin Hara Dabur Pudin Hara gives quick relief from stomachache, gas and indigestion. Its is a trusted fast action remedy for stomach disorders. Pudin Hara is completely natural and safe.
Dabur India Ltd, plans to double its revenues in two years by ramping up its product range and launching new categories of food and personal care merchandise, a top official said. The company will soon introduce male grooming, skincare and ready-to-eat products to widen its consumer base. The male grooming market in India has less momentum and is an interesting segment. We plan to introduce products in the hair care, deodorant and skincare range for male care, said V.S. Sitaram, executive director of the consumer care division at Dabur.
While Dabur intends to aggressively enter new segments, it is also revamping its existing personal care portfolio by repackaging and adding new product lines. For instance, it will launch Vatika hair conditioner in the next few days, and other hair care products such as gels and creams would follow suit. We are looking at launching a completely new skincare line with products such as cleansing lotion, anti-ageing solutions, and body skincare range under a different brand name, Sitaram said.
In the past one year, the company has relaunched almost 60% of its products and introduced 10 new items such as Dazzle surface cleaner and health drink Chyawan Junior. Dabur is also extending its Gulabari rose water brand to launch lotions, cold creams and face freshener sprays. Daburs new strategic focus is to go beyond fruit juices. They are looking forward to enter the processed foods, fruit-based milk or yogurt and readyto-cook and ready-to-eat market under a different brand name.
Strategic positioning of Honey as food product, leading to market leadership (over 40%) in branded honey market
Dabur Chyawanprash the largest selling Ayurvedic medicine with over 65% market share.
Leader in herbal digestives with 90% market share Hajmola tablets in command with 75% market share of digestive tablets category
Dabur Lal Tail tops baby massage oil market with 35% of total share
PRICE
Price is normally expressed in monetary terms. It is worth of a product or service in monetary terms. Price is the value which a buyer passes on to the seller in lieu of the product or service provided. Price is a crucial determinant of the fact whether the exchange between the buyer and seller should materialize or not. While pricing the products three main factors should be kept in mind -: 1. Cost 2. Competition 3. consumer demand Pricing Strategies of Dabur Dabur has stepped up the pace of new product launches and is investing ad spend and marketing. The entire product portfolio is also tweaked to include premium offerings such as more variants under almost every category, like Dabur Vatika Hair Oil is available in 3 different versions . Dabur is today seen as far more proactive in the market. Dabur is now an external oriented company. Across the whole organization the company have one definition of winning, and that means not just growing, but growing completely. Over the last two years, Dabur has maintained its operating margins through judicious price hikes across products and reduction in pack sizes. The three main factors affecting the pricing strategies have been discussed below -:
I.
COST
One of the most important factor to take care while pricing is the cost costs set the floor for pricing decisions. There are two types of cost variable cost and fixed cost. It is important that the price should recover all costs including a fair return for undertaking the marketing effort and risk. II. COMPETITION
Competition is another important consideration while pricing. When a firm does not face any competition it can enjoy complete freedom in fixing its price. But when there are competitors selling the same or similar products, the pricing freedom is considerably reduced. Its price must fall in line with the competitors. Similarly Dabur India Limited also has many competitors. But Daburs top selected competitors are:1. Hindustan Unilever Limited 2. Proctor and Gamble 3. Pepsi co. 4. Colgate Palmolive 5. Godrej Industries 6. Marico Ltd. III. etc.
CONSUMER DEMAND
Dabur learned that the majority of Indian population tends to go towards the Indianised natural and herbal products thus they made it their USP. Dabur is efficiently leading the market with this product range, providing the customers with special products easily.
PLACE
Place in the context of marketing mix refers to a set of decisions that need to be taken in order to make the products available to the customers for purchase and consumption. Making the products available to the customers require development of channels of distribution and physical distribution of products. CHANNELS OF DISTRIBUTION Channels of distribution refers to the path taken by the goods in their movement to the customers. For instance, the toothpaste we use is manufactured in the factory of a company Dabur. But before it reaches us it passes through the hands of many middlemen who help it come to you in right time, at right place and in right quantity. Daburs distribution network is recognised as one of its key strengths. Its focus is not only to enable easy access to our brands, but also to touch consumers with a three-way convergence - of product availability, brand communication, and higher levels of brand experience. A Diagram explaining the channels of Distribution is given below The above diagram it shows channel of distribution of dabur foods, here first the products are manufactured and from Manufacturing plants the packed goods are supplied to Clearing And Forwarding Agents(C&FA) and from here the goods are then further supplied to number of Stockiest or Distributors, from here goods reaches to large number of Retailers and it is the duty of Stockiest to take orders from retailers and then supply the goods to them, this work is generally done by stockiest salesman through ready stock or by taking orders first and then placing the order. From here the goods finally reaches to Customers. Customer purchases the product from retailers.
Manufacturing Plant
Stockist A
Stockist B
Stockist C
Retailers
Retailers
Retailers
Retailers
Retailers Retailers
U M
E R
STOCKIEST OR DISTRIBUTORS Stockiest store the products in their godowns, C&FA supplies the goods to them as per their order. Stockiest has some sales men working under him, they are known as stockiest sales man. Their work is to place the products in the market and take order from retailers and then supply goods to them. Sales man either take ready stock with them or they first take orders and then supply goods later on. There is a beat which is a schedule route of sales man, means sales man has to daily cover the route as mention in the beat. Merchandising, making products visible, pasting posters, putting banners, and seeing that goods are properly placed in the retail outlets is also the duty of stockiest sales man. Companies sales officer keeps a check on the stockiest and monthly report is also prepared which is further analyzed by ASM & ZSM.
RETAILERS Retailers are backbone of the company as they are the one who can take the product on new heights or can bring it down to toes. Stockiest supplies goods to retailers and tries Persuading retailers to give the brand special displays (using merchandising tools) to get affective brand presence, and arranging it in more noticeable manner. Margin of retailers is always higher than stockiest. Retailers are the ones who have direct contact with the customers. Dabur Foods has a distribution network that covers 175 towns and 75 thousand retail outlets making its product available to the consumers across the country at ease.
PROMOTION
Once the product has been manufactured, priced rightly and is distributed, the next task of the marketer is to inform potential customer about the product and persuade them to buy the same. The promotion element of marketing distribution mix is concerned that sales with goals activities are that are There undertaken are to communicate with both customers and participants in the channel of such realized. different promotional activities like-: Advertising, Sales promotion, trade promotion, personal selling etc. but one of the most convenient and effective one that most of the industries uses is the Advertising and Sales Promotion. Advertising Advertising is a form of communication that typically attempts to persuade potential customers to purchase or to consume more of a particular brand of product or service. Many advertisements are designed to generate increased consumption of those products and services through the creation and reinforcement of "brand image" and "brand loyalty". For these purposes, advertisements sometimes embed their persuasive message with factual information. Every major medium is used to deliver these messages, including television, radio, cinema, magazines, newspapers, video games, the Internet and billboards. Advertising is often placed by an advertising agency on behalf of a company or other organization. Dabur has created the huge brand image and a vast product following by associating mega-names like Amitabh Bachchan, Rani Mukhurjee, Vivek Oberoi, Mandira Bedi etc. Dabur invested Rs. 150 crore just on the advertising of Real Fruit Juice and Real Active. So far the company has been successful in this mission as the people now know the brand and ask for its products by name.
Sales promotion An activity designed to boost the sales of a product or service. It may include an advertising campaign, increased PR activity, a free-sample campaign, offering free gifts or trading stamps, arranging demonstrations or exhibitions, setting up competitions with attractive prizes, temporary price reductions, door-to-door calling, telemarketing, personal letters on other methods. In marketing, sales promotion is one of the four aspects of promotion. (The other three parts of the promotional mix are advertising, personal selling, and publicity/public relations.) Sales promotions are non-personal promotional efforts that are designed to have an immediate impact on sales. Sales promotion involves short-term incentives to encourage buyers to purchase a product. It's aim is to encourage immediate purchase of a product. If used too often however, sales promotion can create a situation where consumers will not buy unless there is a bonus offer. This will result in loss of profit for the company. More than any other element of the promotional mix, sales promotion is about action. It is about stimulating customers to buy a product. It is not designed to be informative a role which advertising is much better suited to. Sales promotion can be directed at: The ultimate consumer (a pull strategy encouraging purchase) The distribution channel (a push strategy encouraging the channels to stock the product). This is usually known as selling into the trade
SALES PROMOTIONAL TOOLS OF DABUR FOODS Price promotions Coupons Gift with purchase Competitions and prizes Money refunds Point-of-sale displays Free samples Contest /demos Festival Sales Retailer coupons Multi-packs Special price for twos Allowances for additional shelf space Merchandising Sales contest Incentives Awards & prizes Premium gifts Sales Meetings Samples/product sampling Trade Fairs & exhibitions Contests & Sweepstakes Exchange Offers/buyback Refund / Rebate Price / Bonus Packs
200 ML 6%
400 ML 13% 1 KG 1%
FINDINGS: The coconut milk is available in different-2 pack size (200,400ml &1kg) and pack type is also different. Some companies have introduced it in tetra pack and some companies also introduced in tin packing.
PRODUCT: HONEY
NO. OF ACCOUNTS USING NO. OF ACCOUNTS USING 91% NO. OF ACCOUNTS NOT USING
FINDINGS:According to research findings ninety one (91%) percent institutions are using honey. There are only nine (9%) percent institution are not using honey. Thats why the ninety percent market is potential.
N0T USING 8%
1 KG 63%
RECOMMENDATION:There is no problem in terms of packing type and packing size but according to market share analysis the market share of real honey (Dabur) Is decreasing day by day. Because there is a pack size of 15grm pouch (Honey on the table) is launched by marry foods LtdMumbai and institutions are more interested to use it. So to maintain the market share we also need to launch this type of pack size.
KAYTIS 26%
KISSAN 1%
RECOMMENDATION:During the data collection I found that our tomato puree (Dabur) is little bit expensive and others brands are available between 35-40 rupees. Our competitor golden crown is selling tomato puree at the rate of forth rupees(40).
FINDINGS:According to pack size (used) analysis there are two pack size (825 & 850 GRM) available in the market. Eight hundred twenty five (825 GRM) pack size is the standard pack size available in the market. Some institutions are also using pack size of 850 grm.
FINDINGS:According to research findings the seventy seven (77%) percent institutions are using tomato puree and there is twenty three (23%) percent institutions are not using tomato puree because they prefer to use fresh tomatoes.
FINDINGS:After analyze the data there are some findings in terms of different brands available in market and their market share. After analysis the data I found that there is only (1) brands available in market named as-
P&R:-There is only one brand available in the market and there is only seven
(7%) percent institutions are using tomato paste. the most of institutions are not using tomato paste because there is no requirement of tomato paste and if required than they prepare by using fresh tomatoes.
FINDINGS:According to market size analysis there are only seven (7%) percent institution
are using tomato paste and ninety three (93%) percent institutions are not using tomato paste. Thats why the market is not potential for this type of product.
NESTLE 7%
FINDINGS:After analyzing the data there are different pack size (200ml, 1&1.2kg) available in the market. Most of companies prefer 1.2kg (bottle) pack size.
FINDINGS: According to research findings only fifteen (15%) percent institutions are using snack dressing and eighty five (85%) percent institutions are not using snack dressing. But according to data findings I cant say that market is not potential but most of institutions use tomato ketchup and other alternatives at the requirement of snack dressing.
CROSS WELL 5%
KAYTIS 2%
GOLDEN CROWN 5%
NESTLE KISSAN
HEINZE 3%
PINKS MAGGI TOPS HALLS HEINZE RACY GOLDEN CROWN MAGGI 22% PINKS 14% CROSS WELL KAYTIS
HALLS 2% TOPS 7%
FINDINGS:-
After analyze the data there are some findings in terms of different brands available in market and their market share. After analysis the data I found that there are six (6) brands available in market named as NESTLE: - It has ten (10%) percent market share.
KISSAN: - It has twenty (20%) percent market share. PINKS: - It has fourteen (14%) percent market share. MAGGI: - It is the market leader with twenty two (22%) percent market share. TOPS:- It has seven (7%) percent market share. HALLS: - It has two (2%) percent market share. HEINZE: - It has three (3%) percent market share. RACY: - It has ten (10%) percent market share. GOLDEN CROWN: - It has five (5%) percent market share. CROSS WELL: - It has five (5%) percent market share. KAYTIS: - It has two (2%) percent market share.
1 KG 80%
FINDINGS:After analyzing the data there is different pack size (1&1.2kg) available in the market. Most of companies prefer 1kg (bottle) pack size. kissan has introduced 1.2kg pack size as institutional pack size but most preferred pack size is 1 kg.
CONCLUSION
It was really a very great experience to study this FMCG company Dabur India Limited. After going into all its aspects i.e. its marketing strategies, policies, pricing strategies etc. we can conclude that the company is excellent on all the fronts. The companys different projects like Sundesh and its social initiatives in Nepal etc. indicates that the company is also loyal towards the society, and all such social responsibilities are very necessary to build a strong customer base and brand loyalty
Through its comprehensive range of products it touches the lives of all consumers, in all age groups, across all social boundaries. And this legacy has helped them develop a bond of trust with our consumers. That guarantees us the best in all products carrying the Dabur name.
BIBLIOGRAPHY
Websites
WEBSITES
www.dabur.com
www.google.com
www.wikipedia.org
www.fmcginfo.com
BOOKS
Philip kotler 13 th edition