The document appears to be a summer internship project report submitted by Shubham Kumar Mishra to Bisleri International Pvt. Ltd. The report discusses factors affecting the buying behavior of retailers for packaged drinking water. It analyzes Bisleri's market share in Delhi markets and the effects of increasing the price of 1L Bisleri bottles. The report is based on primary research with retailers in Delhi and discusses distribution problems impacting Bisleri bottle sales.
The document appears to be a summer internship project report submitted by Shubham Kumar Mishra to Bisleri International Pvt. Ltd. The report discusses factors affecting the buying behavior of retailers for packaged drinking water. It analyzes Bisleri's market share in Delhi markets and the effects of increasing the price of 1L Bisleri bottles. The report is based on primary research with retailers in Delhi and discusses distribution problems impacting Bisleri bottle sales.
The document appears to be a summer internship project report submitted by Shubham Kumar Mishra to Bisleri International Pvt. Ltd. The report discusses factors affecting the buying behavior of retailers for packaged drinking water. It analyzes Bisleri's market share in Delhi markets and the effects of increasing the price of 1L Bisleri bottles. The report is based on primary research with retailers in Delhi and discusses distribution problems impacting Bisleri bottle sales.
The document appears to be a summer internship project report submitted by Shubham Kumar Mishra to Bisleri International Pvt. Ltd. The report discusses factors affecting the buying behavior of retailers for packaged drinking water. It analyzes Bisleri's market share in Delhi markets and the effects of increasing the price of 1L Bisleri bottles. The report is based on primary research with retailers in Delhi and discusses distribution problems impacting Bisleri bottle sales.
Summer Internship Project Bisleri International Pvt. Ltd
TOPIC: Factors affecting the buying behavior of retailor for packaged drinking water
Corporate Mentor Mr. MayankGarg Asst.BDM Bisleri International Pvt Ltd SUBMITTED BY- SHUBHAM KUMAR MISHRA(007) C.RAVI VIGNESWARAN (015) DATE July 07, 2014 EBS Mentor Prof. Hemant Jain Faculty Era Business School
I hereby declare that the Summer Training Project entitled "Factors affecting the buying behavior of retailor for packaged drinking water" submitted by me to Bisleri InternationalPvt Ltd., for Post Graduate Diploma in Management 2013-2015 is absolutely general and consist of original work.
I would like to express my sincere gratitude to Bisleri International Pvt. Ltd for providing me an Opportunity for this learning experience. I would like to express my deep gratitude to Mr. MayankGarg Asst. Business Development Manager who has been a great support and a source of inspiration throughout my internship period. Without his guidance and continuous support the project could not have been completed successfully. This project would have been impossible without the support and co-operation of theMs. AvantikaDwivedi Executive HRBisleri International Pvt. Ltd&Mr.GedionKamai Placement head Era Business School. I am grateful to them for not only guiding me through this project on a day to day basis, but also providing me unflinching support and endless resources while I tried to get a foothold in my corporate experience.
It is indeed a moment of immense gratification for me to express my deepest gratitude to Dr. SanjeevMarwah, Director Era Business School. Prof.Hemant Jain, Lecturer Era Business School for providing me with an opportunity to carry out this project study and help me create this report on Factors affecting the buying behavior of retailor for packaged drinking water
I would also like to acknowledge the support of EBS for providing the valuable resources and my professors who have taught me. Last but not the least; I would like to thanks my batch mates for providing a helping hand as Ill as continuous encouragement and motivation throughout the project.
Mineral Water under the name 'BISLERI' was first introduced in Mumbai in glass bottles in two varieties - BUBBLY & STILL in 1965 by BISLERI Ltd., a company of Italian origin. This company was started by Signor Felicia Bisleri who first brought the idea of selling bottled water in India. Parle bought over Bisleri (India) Ltd. In 1969 & started bottling Mineral water in glass bottles under the brand name 'Bisleri'. Later Parle switched over to PVC non-returnable bottles & finally advanced to PET containers. Since 1995 Mr. Ramesh J. Chauhan has started expanding Bisleri operations substantially and the turnover has multiplied more than 20 times over a period of 10 years and the average growth rate has been around 40% over this period. BISLERI command a 60% market share of the organized market. Overwhelming popularity of 'BISLERI' has made it synonymous to Mineral water & a household name. Bisleri has developed 8 unique pack sizes to suit the need of every individual and they are present in - 250ml cups, 250ml bottles, 500ml, 1L, 1.5L, and 2L which are the non-returnable packs & 5L, 20L which are the returnable packs. This project is based upon the agenda to analyze the market share of Bisleri bottles in particular markets of Delhi. The core aspect of the report will hover around the effect of price increase of Bisleri 1lit bottle in the market. Things are also discussed related to the Distribution system and problems occurring through it in the sales of Bisleri bottles. What are those problems and what has been the effect of price increase of Bisleri 1ltr bottle have been discussed in this report later. The project was carried out entirely in Delhi region. This project is exploratory in nature.
6 Shubham Kumar Mishra/Summer Internship/PGDM 2013-2015/EBS Retailers of Mineral Water had been inquired and firsthand information is used to form this report. It was tried at the level best to cater each and every single outlet of at least every major market so that an authentic and productive result can be fetched out. Rather than asking any set pattern of questions, retailers had been asked with distinctively different questions as per there mood and convenience with the aim to fetch more and more information. At the end of this report few observations are been quoted which Ire felt essential during the whole procedure. I hope this report will add little knowledge to whosoever read it.
Water is the most important liquid in the world. Without water, there would be no life, at least not the way I know it. In today's living condition, the need for Pure Drinking Water is becoming the issue for the common man. There are rapid changes that are taking place in pollution is on an increase. The main source of drinking water is river and downstream which have also not been able to escape the pollution. When a consumer became aware of the problems caused by water pollution the market saw an advent of ceramic water filters, which filters the dust and suspended particles but dissolved impurities and microbiological impurities are not cleared out. The mineral balance is also not maintained. A brand that pioneered the concept of mineral water, bottled with its distinct green label, Bisleri, today, is a household name. PoIred by 17 owned plants, 33 co-packers, 11 franchisees and a wide distribution and retail network pan India, Bisleri is at the center of the Aqua Green Revolution. Bisleri has 36% market share in packaged drinking water in India.
It is available in 9 pack sizes: 250ml cups, 250ml bottles, 500ml, 1 liter(MRP 15),1litre(MRP 20), 1.5 liter, 2 liter, 5 liter, and 20 liter. Its operations run throughout the subcontinent of India and are one of the leading bottled water supplying companies in India.
9 Shubham Kumar Mishra/Summer Internship/PGDM 2013-2015/EBS The whole business of any FMCG ( Fast Moving Consumers Good ) company mainly depends on the retailers , so I can say that the retailers are the backbone of any FMCG organization .The whole project is depended on Retailors buying behavior of the brand. The project is undertaken under the guidelines of Bisleri International Pvt.Ltd. to study on Factors affecting the buying behavior of retailor for packaged drinking water
Chapter 2 Company Background
The Mineral bottled water in India under the name 'Bisleri' was first introduced in Mumbai by Bisleri Ltd., a company of Italian origin in 1965. Mineral bottled water Ire in glass bottles in two varieties - bubbly and still in 1965. This company was started by Signor Felice who first brought the idea of selling bottled water in India. Parle bought over Bisleri (India) Ltd. In 1969 and started bottling mineral water in glass bottles under the brand name 'Bisleri'. Later Parle switched over to PVC non- returnable bottles and finally advanced to PET containers. Ramesh Chauhan, chairman, Parle Bisleri created a market out of pure water. Excerpts from a conversation with PrernaRaturi-HoIver, the real boost to mineral water came in the early-to- mid-1980s when I switched to PVC packaging and later to PET bottles. The PET packaging did not just ensure better transparency -- I could now show sparkling clear water to the consumers. It also meant better life for the water. Since 1995 Mr.RameshJ.Chauhan has started expanding Bisleri operations substantially and the turnover has multiplied more than 20 times over a period of 10 years and the average growth rate has been around 40% over this period. Presently it has 8 plants and 11 franchisees all over India. Bisleri command a 60% market share of the organized market.
FUTURE PLANS Bisleri was the first to market bottled water in a totally virgin market and naturally people associate the brand with bottled water. Now Bisleri is perhaps already ten steps ahead of its competitors and will endeavor to widen its gap in the times to come. Bisleri's brand positioning stresses on pure, clean and safe drinking water. Some of the future plans to maintain the top spot that Bisleri commands in the Indian market are: New pack sizes in bottles and cups Increase the distribution network with an investment of over 200 crores Strengthen presence in traditionally Iak areas by setting up 12 new bottling facilities at a cost of Rs. 150 crores. While the controversy over European standards is going on in India, Bisleri, the acknowledged Indian market leader, is now set to sell still and sparkling waters in Europe and America. Bisleri is confident of entering the European market and has been tested by the Central Food & Technology Research Institute (CFTRI), Mysore. The CFTRI-tested Bisleri water using European standards and found 'not detected' for all pesticides specified. This European launch will silence critics who had raised issues concerning Bisleri's water quality, a company press release said. The company stands proud by its high international quality and has the confidence to take the European market by storm. Says Parle Bisleri chairman Ramesh Chauhan: "The fact that I have reached out to international markets is an acknowledgement of our quality and our penchant for safety and purity." It has developed 8 unique pack sizes to suit the need of every individual. It is present in 250ml cups, 250ml bottles, 500ml, 1L, 1.5L, and 2L which are the non-returnable packs & 5L, 20L which are the returnable packs. Till date the Indian consumer has been offered
11 Shubham Kumar Mishra/Summer Internship/PGDM 2013-2015/EBS Bisleri water, hoIver in its effort to bring something refreshingly new, it has introduced Bisleri Natural Mountain Water - water brought from the foothills of the mountains situated in Himachal Pradesh.
Hence its product range now comprises of two variants: Bisleri with added minerals & Bisleri Mountain Water.
Bisleri Water is put through multiple stages of purification, ozonized& finally packed for consumption. Rigorous R&D & stringent quality controls has made it the market leader in the bottled water segment. Strict hygiene conditions are maintained in all plants.
In its endeavor to maintain strict quality controls each unit purchases performs & caps only from approved vendors. It produces its own bottles in-house. It has recently procured the latest world class state of the art machineries that put it at par with International standards. This has not only helped it improve packaging quality but has also reduced raw material wastage & doubled production capacity. The company that recently launched its premium brand with medical values Vedica, is expecting a 50 per cent growth in sales from this brand. Promoters Parle was established in 1929 as a confectionery manufacturing unit by late ShriJayantiLal Chauhan. In 1967, Mr. Ramesh. J. Chauhan son of Late ShriJayantiLal Chauhan, a MIT and MBA Graduate from University of Boston, USA, took over the helm of the Group. It was due to his foresightedness the group bought Italian Mineral Water Company Bisleri in 1969 that has grown to become the Leading Brand BISLERI in Indian market. Presently BISLERI enjoys number one position in the water market. The Group also was a pioneer in Indian market for introducing aerated drinks like Thumps up, Limca, Citra and Gold Spot. These products Ire later sold to MNCs in 1993. Presently the focus of organization is on packaged and mineral water marketed under the brand name Bisleri. Bisleri International Pvt. Limited (BIPL) has the history of being the undisputed leader with constant growth and development in an ever-changing environment. Bisleri International
12 Shubham Kumar Mishra/Summer Internship/PGDM 2013-2015/EBS Pvt. Ltd is 40 years old. It has presently 8 own manufacturing units, 11 franchisee and 32 contract packing facilities across India. I will be expanding the business to reach far & wide.Our plants are now equipped with sophisticated machinery & state of the art technology.
Vision: Bisleri began the Aqua Green Revolution with an ambitious dream in mind; that of an India in which every person, irrespective of geographical barriers or economic limitations, has uninterrupted access to scientifically purified and fortified drinking water. Mission: Bisleri continues to innovate constantly, urged by the goals of the Aqua Green Revolution to provide every Indian easy access to purified drinking water and to support initiatives that rejuvenate the Earths natural sources of pristine drinking water. Value: Here are the set of values that form the core of who I are: What makes us the largest brand of mineral water in India is the QUALITYI have to offer. I want every person to have access to clean and affordable drinking water. And what drives us towards this goal is our PASSION to constantly move from Consumer Satisfaction toConsumer Delight. I believe that a good LEADER controls the overall growth of a team. From treating all team members with dignity, recognizing their strengths to constantly keeping them motivated. To come up with the best work, CO-OPERATION, effective communication within all team members and TRANSPARENCY in every action is required. Any success without INTEGRITY is as good as failure.
Organization Structure Chairmen General Manager Manager Assistant Business Development Manager (Zone) Senior Sales Manager
13 Shubham Kumar Mishra/Summer Internship/PGDM 2013-2015/EBS ASM under the Senior Sales Manager ASM has zones divided such as north, east, Ist, south and central Sales Executive for ASM in all the 5 zones Corporate Sales person for all the 5 zones Their truck drivers are their salesmen
Substitutes New Entrant Bargain PoIr of Supplier Bargain PoIr of Customer Industry Rivals
Industry Rivals Rivals divided into organized and unorganized Organized Cokes Kinley, PepsiCos Aquafina, Mohan Meakins, SKN BreIries and Parle AgrosBailley. Unorganized Local water brands such as H2GO, Blue Label, KIncher, Yes, etc.
17 Shubham Kumar Mishra/Summer Internship/PGDM 2013-2015/EBS New Entrants HUL water purifierPureit Various new local brands(unorganized players) Shaw Wallace is also in a process to enter the bottled market in the premium segment.
Substitutes Soft drinks Water purifiers Tap water Coconut water Vending Machine water The most economical drink -nimbupani
Bargain PoIr of Supplier
When the companys suppliers are able to: raise price and reduce quantity
Then the supplier poIrwould be high
Packaging (PET bottles) Labeling material Bargain PoIr of Customer Buyers demand
1. Better quality or service 2. Set competitors against each other At the expense of sellers profitability
Reason:
1. Industry where many brands fighting for existence and their share Large number of choices available to retailer Low switching cost for retailer
Prices of other products are more of less the same 1. Brand Loyalty of customer is very low
SWOT Analysis Analysis of the company on the following parameters : Strength Weakness Opportunities Threats
Strength Market leader-the biggest strength of Bisleri lies in it being a market leader is the bottled water industry. Brand-Bisleri has a very good brand image to the extent that its name is synonymous to mineral water Customer Loyalty-Bisleris customers are hard core brand loyal and this it enjoys good consumer loyalty. Number Of Variants- Bisleri is available in a large number of variants which makes it consumer friendly as per their requirement.
Weakness Dissatisfied distributors & retailers-Bisleri does not give good profit margin and incentives to its distributors and retailers because of which they are not motivated to increase its sales volume Capacity-Bisleri is not able to meet the market requirements because its production capacity is not increasing due to which even the distributors do not receive the requirement quantity on time. Advertisement-Bisleri does not focus much on advertisement and media which is very important for a brand to sustain it in the market. Price-Bisleri is considered to be very high priced especially its 20Ltrs jar at Rs 75 with security Rs 150 in price sensitive market. Awareness-The customer are not aware of the 7 stage purifying process of Bisleri and the added minerals which are available. o For example: - local sellers fill the bottle of BISLERI with impure water and the bottles arepurchased by illiterate customers as BISLERI water but they buy water of low quality. In thisway brand of BISLERI gets affected.
Opportunities Scarcity-The metropolitans and big cities have a scarcity of pure drinking water which Bisleri can cater. Marketing Strategy-Bisleri can focus on better marketing strategies to regain its lost market share and also tap new markets. New Corporates and MNCs Bisleri should focus more on the corporates and mncs who deal in bulk to increase its market share. Export-Bisleri can exploit the market abroad with its Himalayan and Vedica water meant especially to export.
20 Shubham Kumar Mishra/Summer Internship/PGDM 2013-2015/EBS Prospective- The bottled water industry in India is estimated at about Rs 1,000 crore and is growing at 40 per cent. "By 2010, it will reach Rs 4,000 - 5,000 crore with 33 per cent market for natural mineral water. Increase in production: BISLERI is eyeing the Market and is in the process of increasing the production by setting 4new plants adding to its 23plants. This will increase the production capacity of the company.
Threats Increasing competition-The competition is increasing as the market share of Kinley and Aquafina is rising. Competition from local brands as selling Rs. 10 per bottle and providing larger margin to the retailers and distributors. Price sensitive customer-People focus more on low price. Increasing Duplicity-The duplicity in the market is raising inspite of steps taken by the management. Unorganized sector-The local brands in the unorganized market are of very low price and people are ready to take them which are eating away the market.
Human Resource Policies of the company are based upon the belief that the success of the company is primarily dependent on its people and that the development of the greatest potential of each employee is good both for the employee and the business and ultimately leads to the growth of the Organization.
In view of this basic premise, a comprehensive set of policies is laid down in the subsequent pages of this manual. In its design and implementation, these policies will aim at attracting retaining and motivating personnel to achieve higher goals and attain greater opportunities for advancement in their business career.
The guiding principles of these policies are: 1) To be pro-active, fair, competitive and a leader in business 2) To encourage and facilitate employees potential with regard to the Organizational goals. 3) To enhance and develop potential employees career growth. 4) To offer compensation commensurate with responsibilities, performance. 5) Achievement as I believe in BEST REWARDS FOR BEST PERFORMANCE.
The two month internship project with Bisleri Corporation gave me a platform to research and analysis of the marketing strategies and business growth of the company in the field of bottled mineral water of one of the prominent brands in Indian market.
This study of the marketing strategy was held in 3 stages as follows
1. Understanding the marketing strategies of the Bisleri, 2. Collecting data by directly contacting the retailors in the market that included majorly field work, and 3. Analyzing facts gathered in the second stage In the first stage of the study I attempt to deeply understand the marketing strategies that are folloId in Bisleri where I noticed that people out there are very self-motivated and aggressive as far as the product is concerned, since they are dealing with the legacy of a renowned brand therefore they are strict with the core values of the organization. Their marketing strategies include health as the USP since Bisleri is known for their healthy mineral components.
In the second stage of the study I visited the retailors those who sales Bisleri in the central part of the Delhi region. I collected data on the basis of the questionnaire that I prepared from these vendors and for our understanding I tried to communicate with almost all of them about the facts as to what is the brand image in the market and what they have to say about the business relations with Bisleri.
The final stage was where I analyzed the so collected data and made our research fruitful in terms of suggestions and recommendations as to improve the brand worth of the Bisleri in the market as per our understanding. The recommendations included the betterment of the distribution channel, margins to the retailers and packaging.
1. Bisleri continues to lead in the packaged water industry.
Source: The Hindu, Dated: 17 Feb.2003
Bisleri continues to lead in the Rs 700-1,000 crore organized, packaged water market with an estimated 40 per cent market share, folloId by Kinley at 28 per cent and Aquafina with an 11 per cent share. In terms of volumes, the North and Ist remain Bisleris biggest performing markets, despite the brands sustained national-level presence. MR RAMESH CHAUHAN is the vintage boss of the 250 crorePARLE BISLERI LIMITED. The brand has some 18 manufacturing locations spread across the country. The mainstream competition is in the form of coca-cola Indias Kinley, Aquafina from Pepsi foods and nestle Indias pure.
2. Bisleri v/s Coca Cola over Maaza.
Source: Journal of Intellectual Property Rights, Dated: 1Oct.2009
The interesting case on the allegedly unauthorized use of the MAAZA Trademark closely contested betIen Coca Cola and Bisleri International. To briefly recount the facts for our neIr readers, in this case, Bisleri Sales Ltd. previously Golden Agro Products, was the registered proprietor of the TM Maaza as Ill as the owner of the secret base etc. used to manufacture the product. The company then amalgamated with Bisleri International. As far back as 1993, Coca Cola and Bisleri Intl. entered into an agreement to "irrevocably" transfer all the rights as to technical knowhow and a general as Ill as specific assignment as to goodwill, etc. The agreement also, importantly, contained a negative covenant that alloId Coca Cola to use the MAAZA trademark in India, but nowhere else. Thus, when Coca Cola company confronted Bisleri with information received as to the sale of beverages under the MAAZA mark in
24 Shubham Kumar Mishra/Summer Internship/PGDM 2013-2015/EBS Turkey, they Ire ansIred with a legal notice stating that not only Ire they alloId to sell in Turkey without infringing the mark, and that they planned to sell in India as Ill.
3. Pesticide found in raw water sample collected from Bisleri Plant (ShivajiMarg).
Source: Centre for Science & Environment (CSE), Dated: 20Dec.2006
Heptachlor, one of the pesticides, was detected in one raw water sample collected from Bisleri Plant (ShivajiMarg); its concentration level was 0.0005 mg/l. The Bureau of Indian Standards has provided standards for different physical and chemical parameters for drinking water in IS 10500:1991, packaged drinking water(other than natural mineral water) in IS 14543:1998, and for natural mineral water in IS13428:1998. According to these standards for packaged drinking water and packagednatural mineral water specification, individual pesticide residues are covered under the relevant rule of the Prevention of Food Adulteration Act, 1954, according to which itshould be below detectable limits when tested in accordance with the relevant methods.
Why I are getting pesticides in bottled water?
Pesticide residues Ire detected in raw water samples (underground samples), which is the source of water for the various manufacturers. Treatment technology given to the raw water is not sufficient for the removal of pesticides. The entire portion of water is not subjected to reverse osmosis; a portion of water is subjected to reverse osmosis and mixed with pretreated water to maintain the mineral content as per IS specifications.
Also, many consumers found bacteria and algae in the 20 liter jar of Bisleri. One had also complained of having cockroach in a Bisleri water bottle.
5. Mount Everest Mineral Water v/s Bisleri over the trademark Himalayan.
Source: Economic Times, Dated: 30 June.2009
There is a legal battle being waged betIen Mount Everest Mineral Water (hereinafter referred to as MEMW) and Bisleri for the Trademark Himalayan. MEMW had registered the Trademark Himalayan, in the year 1994. MEMW recently won an interim injunction, given by the Delhi High Court against Bisleri, whereby: 1) Bisleri has agreed to stop using the domain name www.bislerihimalayan.com. 2) Bisleri will not use the word Himalaya in large font. It will write Himalaya as a descriptive word in small font to denote origin of the water.
The injunction seems to have been given by the courts on the basis of the fact that MEMW had registered the trademark in the year 1994. But when one looks closely at the issue, I can find that there exists a conflict betIen GIs and Trademarks. Mount Everest Mineral Water commenced operations in 1991 with its plant at DhaulaKuan in Sirmour district, Himachal Pradesh. The company was promoted by DadiBalsara, an NRI from Singapore. The companys first public issue came in 1995. The Tata group, through Tata Tea, acquired 31.73% stake in the company partly by purchase of shares from investors and partly by preferential allotment.
Himalayan natural mineral water is endoId with the Illness of vital organic minerals. The water is untouched and unprocessed, and has a unique taste which takes 20 years of percolation to acquire, as it makes its way to the underground aquifer located in the Shivalik range of the Himalayas. Situated about 130 meters below the earths surface, the Himalayan aquifer is one of the largest and most pristine sources of natural mineral water in the world.
Himalayan is bottled at source and this lends thebrand its strong intrinsic heritage. Himalayan is internationally accredited by the US FDA, the European Union, the health ministries of Japan and France, and Institute de Fresenius Germany. An IS / ISO 9001-2000 certified company with an HACCP compliant bottling plant, Himalayan is the only internationally accepted natural mineral water from India.
6. Bisleri to expand its product offering. Source: Pitch Magazine, August Edition, 2009 Bisleri which is the leader in the packaged drinking water bottle industry has increased its product offering by introducing its soda in the market. The move is set to further strengthen its market position and give impetus to its growth.
A Research methodology defines the purpose of the research, how it proceeds, how to measure progress and what constitute success with respect to the objectives determined for carrying out the research study. The appropriate research design formulated is detailed below.
EXPLORATORY RESEARCH: This kind of research has the primary objective of development of insights into the problem. It studies the main area where the problem lies and also tries to evaluate some appropriate course of action.
The research methodology for the present study has been adopted to reflect these realities and help reach the logical conclusion in an objective and scientific manner. The present study contemplated an exploratory research.
NATURE OF DATA: PRIMARY DATA: Data which is collected through direct interviews and by raising questionnaires to retailers.
SECONDARY DATA: Secondary data is already available and published. Various internet sits, newspaper, magazines Ire searched in order to find information useful for completion of this project.
SAMPLING DESIGN: Simple Random Sampling to select the sample. SOURCES OF DATA: 1. Primary Data which included the input received directlyfrom the Retailers through interview 2. Secondary data from the industry manual, policy manual, books and Internet etc. It could be internal and external source of data.
29 Shubham Kumar Mishra/Summer Internship/PGDM 2013-2015/EBS Internal source: Which originates from the specific field or area where research is carried out e.g. publish broachers, official reports etc. External source: This originates outside the field of study like books, periodical, journals, newspapers and internet.
DATA COLLECTION: PRIMARY DATA: It has been obtained by conducting a survey in the following areas: Dwarka Tilaknagar Karol Bagh Kirti Nagar Cannaught Place ITO KG Magh BarakhambaMagh Central Sectariat
METHOD: Interview method used with the retailers and asking about the bottled drinking water they Ire selling and convincing them to keep Bisleri.
Exploratory Market Research The exploratory approach attempts to discover general information about a topic that is not well understood by the marketer. For instance, a marketer has heard news reports about a new Internet technology that is helping competitors but the marketer is not familiar with the technology and needs to do research to learn more. When gaining insight (i.e., discovery) on an issue is the primary goal, exploratory research is used. The basic difference between exploratory and descriptive research is the research design. Exploratory research follows a format that is less structured and more flexible than descriptive research. This approach works well when the marketer doesnt have an understanding of the topic or the topic is new and it is hard to pinpoint the research direction. The downside, however, is that results may not be as useful in aiding a marketing decision. So why use this method? In addition to offering the marketer basic information on a topic, exploratory research may also provide direction for a more formal research effort. For instance, exploratory research may indicate who the key decision makers are in a particular market thus enabling a more structured descriptive study targeted to this group. We did exploratory research at the initial phase of our research because at this stage the problem was not well define for that we analysis the secondary data and through that we could find the problem of our research.
Descriptive research Next after problem definition we did the descriptive research. This research is the most commonly used and the basic reason for carrying out descriptive research is to identify the cause of something that is happening. For instance, this research could be used in order to find out what age group is buying a particular brand of beer, whether acompanys market share differs between geographical regions or to discover how many competitors a company has in their marketplace. However, if the research is to return useful results, whoever is conducting the research must comply with strict research requirements in order to obtain the most accurate figures/results possible.
1: Which type of shop sell packaged drinking water?
Packaged drinking water generally sell by eatry, confectionary, grocery, road side, momos shops, juice corner etc. During the interview of retailers it was found that packaged drinking water sell more at eatry shops followed by confectionary and grocery shops. Some other shopkeeper like Paan center, Road side trollyetc also sell packaged drinking water.
Eatry 35% Cofectionary 28% Grocery 26% others 11% Type Of Shop
Analysis As we are aware Bisleri has very good brand image though some big player of FMCG giving a tough competition. Retailers has start purchasing other brands also as per their conviniences like Margin, Personal relationship with vendors or distributors.. Here we can see in graph that Kinley and Aqauafina giving a tough competition to Bisleri in NCR region. Some local brand (niche marketers) who dont have good brand image also trying to skim the market share and doing well in some of the region
A B C D Series1 27.67 25.33 24.67 22.00 27.67 25.33 24.67 22.00 0.00 5.00 10.00 15.00 20.00 25.00 30.00 P e r c e n t a g e
Analysis As I mentioned above Bisleri has total 9 SKU (Stock Keeping Unit). Every retailers sell llt and then 500ml bottle so this sale has very high sell.
Limitations The sample size and the data collected were according to the convenience of reaching them. The respondent might have not given the right answers and given accordingly to their choices. Retailers were not giving the answers easily. Sometimes retailers thought that I was a sales officer and started complaining about something Retailers were also doing many cross questions
Learning I understood how to do cold callings. The way of interacting with retailers. Corporate ethics/discipline. How to prepare market research project. Distribution network of Bisleri. Various distribution methods to meet the customer demand. Purification of mineral water. Market share of packaged drinking water in India and others players in this field
Findings Huge demand for the 1Ltr and 500 ml bottle but the lack of supply on time destroyed many customers of the company. There is a large extent to which duplicity of 20Ltrs jar of Bisleri is prevalent in the market.
46 Shubham Kumar Mishra/Summer Internship/PGDM 2013-2015/EBS Schemes provided by the other players in the market were attractive to the companies. Other companies are offering hot and cold dispenser with very low number of bottles while Bisleri provides it on buying of 120 bottles per month. No advertisement, schemes and promotion of Bisleri Either no trucks are visiting or if visiting it is in very low frequency this creates the supply problem Few complaints are as follows: They had complaints about Bisleri Not treated properly by the company and salesmen Irregular supplies Attractive schemes by Kinley and AquaFina.
Conclusions The important increase in India can be easily explained through the growth of the population and problems of water quality and water supplies. Until 1992, the demand for bottled water in India was mostly limited to foreign tourists, corporate meetings, conferences, etc. The introduction of bulk packaging extended the market to new and numerous consumers.
Bottled water is a particularly competitive market, hence companies need to develop diverse marketing strategies, such as accessing new markets by owning or developing partnership with regional brands, developing new products (such as flavored water) or by-products (such as cosmetics) and developing services (home and office delivery of water)
Today more and more companies are coming up in the package drinking water market as there is a lot of scope in bottle water market as seeing the increase in Indian population. Today the people of India are very hygienic and only prefer bottle water which increases in the scope of bottle water market. By looking at the increasing demand of bottle water companies have to see that they use modern marketing strategies and also come up with trendy bottles and satisfy the wants of the consumer.
Effect of Long-Term Irrigation With Wastewater On Growth, Biomassproduction and Water Use by Eucalyptus (Eucalyptus Tereticornis SM.) Planted at Variable Stocking Density