Anik Nayak (KP)
Anik Nayak (KP)
Anik Nayak (KP)
On
At
Kashmiri Products
Offered By
Ahmedabad
MBA ( semester-lll)
July 2019
Index
STUDENT DECLARATION
5
INSTITUTE CERTIFICATE
6
CERTIFICATE OF EXAMINER
7
PREFACE
8
AKNOWLEDGEMENT
9
EXECUTIVE SUMMARY
10
CHAPTER-1 Introduction of Kashmiri Products 11
1.1 History 12
2.1 Premchand 18
3.2 Findings 42
3.3 Learning 43
CHAPTER-9 Suggestion 50
CHAPTER-10 Conclusion 53
Student’s Declaration
I hereby declare that the Summer Internship Project Report titled “Marketing
strategy of competitor against Kashmiri product in Ahmedabad city” [Kashmiri
Product] is a result of my own work and my indebtedness to other work
publications, references, if any, have been duly acknowledged. If I am found guilty
of copying from any other report or published information and showing as my
original work, or extending plagiarism limit, I understand that I shall be liable and
punishable by the university, which may include ‘Fail’ in examination or any other
punishment that university may decide.
Institute Certificate
This is to certify that project work embodied in this report entitled “Marketing
Strategy of competitors against Kashmiri product in Ahmadabad city” was
carried out by Anik Nayak and (Enrolment no. 188200592020) of shayona
institute of business management(code-820).
This report is for the partial fulfilment of the requirement of the award of the
degree of Master of Business Administration (Part-time) offered by Gujarat
Technological University.
--------------------------
(Examiner’s Sign)
Name of Examiner:
External Examiner’s Institute Name:
Date:
Time:
PREFACE
It is a great for me to all who generously helped sharing their invaluable time and
rich experience with me, without which this project would have never been
accomplished.
No task can be achieve alone, particularly while attempting to finish a project of
such magnitude. It took many special people to facilitate it and support it hence,
“I would like to acknowledge all of their valuable support and convey my humble
gratitude to them. I would like to thank PROF. Nilrajsinh Vaghela and all other
faculties of SHAYONA INSTITUTE OF BUSINESS MANAGEMENT (SIBM) for their
guidance throughout the preparation of project and their valued suggestion”.
First of all, I would like thanking Mr. Swapnil gupta (Director of Kashmiri
products), Pune and thank to MR NIRAV GUPTA (SALES AND MARKETING
MANAGER) and other staff members for their valuable guidance and
encouragement.
I express my sincere thanks to the management of KAHMIRI PRODUCTS for giving
me this golden opportunity to work as a trainee in their company. The guidance
and their support provided by the company have really made the training a
learning experience for me.” This support periods was full of rich experience,
which will definitely help me in my future career”.
Executive summary
The report contains the organizational study done as Kashmiri products. The
report title is “MARKETING STRATEGY OF COMPETITORS AGAINST KASHMIRI
PRODUCT IN AHMEDABAD CITY” The report gives an overview of food sector
(mouth freshener) and company profile. And awareness of retailer about different
types of product and service offered by Kashmiri products.
“This study was conducted to find out the Marketing strategy of competitors
regarding product and service quality provided by Kashmiri products. That I met
many retailers and know about other mouth freshner products marketing
strategy and life-cycle of competitive product.
The data collected from the different retailers was analyzed thoroughly and
presented report.” Kashmiri products must advertise regularly and create brand
value for its products and services. Most of its competitor like BHAGAT,
PREMCHAND, SIRG and other competitors use their location as they are locally
from they get mouth publicity from a long time to promote their products”.
In Ahmedabad consumer has a preference about quality over quality- they feel
that a product must have a good quantity. On the whole Kashmiri products is a
good place to work at. Every new recruit is provided with extensive training on
the products of Kashmiri products.
Establish : 1972
Sector :[FMCG]
MD : Nirav Gupta
Revenue : 50 crore
Strengths :
Cheap labor
Weakness :
Diversification of business
Threats :
Vision
To expand over INDIA and in other countries and to entre in the modern
trade.
Mission
To develop more food products, to start with new packing and to entre in the
modern trade and covering vast area.
CHAPTER-2
However, All kashmiri products are very good quality and better price but this
products is new so I was many problem faces.
1. Introduction :
Premchand Dhanadal is leading and trusted brand of Dhanadal in
Gujarat and other parts of India. The illustrious brand of Gujarat is
successfully carrying the legacy of its founding brand “Bhagat Dhanadal“
forward.
Services :
Quality assured product range
Client-centric approach
Transparent dealings
Reasonable prices
Quality Assurance :
Unlike the loose dhanadal sold at kirana stores, Premchand
Dhanadal goes through a stringent process of cleaning, de-
husking, soaking and roasting at its modern & hygienic
processing unit. We believe in offering the best quality at value
for money, thus a stringent selection process is followed in
procuring finest quality raw materials. It is then packed in
superior quality packs to give the same rejuvenating taste every
time.
3. Maturity :
When your sales peak, your product will enter the maturity stage.
This often means that your market will be saturated and you may find that
you need to change your marketing tactics to prolong the life cycle of your
product.
Sales Volumes Peak : After the steady increase in sales during the
Growth stage, the market starts to become saturated as there are fewer new
customers. The majority of the consumers who are ever going to purchase the
product have already done so.
Bhagat Dhanadal Corporation is very success in all over Gujarat and it is in
maturity stage in this time. However so many competitive company are available.
4. Decline stage :
So many competitors are available in market so Bhagat Dhanadal
products are in maturity level and slightly decline in sales. Bhagat Dhanadal
corporation is maintaine this product quality since establishment.
2.2 PASS PASS :
1. Introduction :
In the hustle and bustle of a busy life, a fresh treat that brings people close. Pass
Pass is the mouth freshener that always charm with its taste and fragrance,
encouraging a lively conversation anytime, anywhere.
Since its inception, Pass Pass has encouraged consumers to experience the joy of
togetherness. With its delectable blend of ingredients and flavours coming
together, this brand inspires togetherness and has built an equity as India's
preferred after mint.
2. Growth :
Pass-Pass ’ marked the Group’s entry into confectionary business. The
brand Pass Pass was repositioned to encompass a broader portfolio of
pioneering products in Confectionary business. From traditional natural mouth
fresheners to the fun-filled mini chewing gums ‘Chingles’, DS confections offer
the choicest innovative flavours for all age groups
From the sweet, cooling taste of Mishri and Khajoor to the aromatic and
tasteful zest of Saunf and Elaichi, Pass Pass successfully combines India’s
choicest delights for a mouth-watering experience that is truly worth savouring.
Causes of growth :
3. Maturity :
Numerous products are available in market and also tobacco products are
highly selling in all over India.
Pass pass is a mouth freshner and thre are available in many types so
people like to eat this product for mouth freshner, so pass pass sales are
significantly increase in last 10 years.
80%
70%
60%
50%
40% Sales
30%
20%
10%
0%
2005 2010 2015 2019
2.3 Surili Saffron Supari :
1. Introduction :
It comes under natural flavour products. It is pure mixture of natural saffron
which enhances its taste up to the end. No Accumulation of betelnut after
chewing and easy flow under throat and digested.
Surili saffron supari is a very popular in Gujarat pan masala and mouth
freshner market and also so many competitors are available in Gujarat market
but Surili brand is very famous and highly selling product in last 2 decades.
3. Maturity :
This compmany Sales Level are cotinuesly rising day to day and reach a top level
in paan masala and Mukhvas marketing.
And they are applying new advertising stlye and offer in bulk purchasing.
sales
80%
70%
60%
50%
40% sales
30%
20%
10%
0%
2000 2010 2015 2019
4. Decline:
1. Introduction :
2. Growth :
3. Maturity :
This Company is stable in 2015 in sales and highest selling and also
sale in all the retailers in ahmedabad.
They also need to consider any product modifications or
improvements to the production process which might give them a
competitive advantage.
4. Decline :
80%
70%
60%
50%
sales
40%
30%
20%
10%
0%
1993 2005 2015 2019
2.5 Sweet Mukhvas :
1.Introduction :
3.Maturity :
Our products are also available in natural colours extracted from fruits
& vegetables thereby making it a healthy choice for all age groups.
Types of Mukhvas :
Salty Mukhvas
Sweet & Spicy Mukhvas
Processed Fruit Mukhvas
Paan Product
Sopari product
Silver Varakh items
2.Growth :
Marketing strategy used in growth stage in his company :
Improved product quality and add new product features and styling.
Add new models and products of different size, color, shape, etc.
Enter new market segment
Increase distribution coverage enter new distribution channel
Shifts from product awareness to product preference advertisement.
Lower prices to attract next layer of price sensitive buyers.
3.Maturity :
sales
70%
60%
50%
40%
sales
30%
20%
10%
0%
2012 2014 2016 2018
2.7 Green Mukhvas :
1.Introduction :
Company Name : Mahavir Marketing
Registered : 2009
Proprietor : Mr. Sandip Jain
Nature of business : supplier, Manufacturer
Address : Plot No. 2779, Nisha Pole, Behind Sonu Music, Zaveri
Sale
100%
90%
80%
70%
60% Sale
50%
40%
30%
20%
10%
0%
2012 2018
3. Maturity :
Marketing strategy used in maturity stage in company
Market modification :
Converting non users
Entering new market segment
Win competitors customers
Redefine target market
Product modification :
Quality improvement
Adopting advance technology
Product differentiation
CHAPTER-3
5) Made daily selling report and sent to external matter with all daily
information.
3.2 Findings
Types of competition
1. Brand competition
2. Industry competition
3. Form competition
4. Generic competition
1. Brand competition :
Brand competition include other companies offering similar product
service to the same customer at similar prices. Here, the brand competition
would be all the companies selling Mukhvas along the same line as Kashmiri’s.
Because of this brands like Anand Mukhvas , Premchand , Sir-g , etc… and the
unorganized sector are considered as Brand competitor.
Industry Competition
The Mukhvas industry is essentially made up of a few players producing
the same products partially differentiated along the lines of quality , styling and
services. This means that the Mukhvas industry follows the pattern of
‘differentiated oligopoly’.
Form competition
Form competition essentially means that competitors who produce
products that supply the same service. In case of Kashmiri Products , it faces stiff
competition from other Mukhvas like Surili Variyari , Passpass , etc…and other
items as people tend to substitude Mukhvas very easily with this products.
Generic competition
Generic competition essentially includes those companies competing for
the same amount consumer money. In case of Kashmiri’s, it includes all edible
products in the same price rang.
CHAPTER-5
Marketing strategy
Target
market
Marketing
strategy
Marketing
Mix
CHAPTER-6
Target Market
Customers of unorganized
market
Families
CHAPTER-7
Marketing Mix
Product
Promoti
on
Positioning Price
Plac
e
CHAPTER-8
LITRETURE REVIEW
THOMPSON & CHEN (1998) Retail stores image has been shown to play an
important role in store patronage, and it is widely accepted that psychological
factors have a significant role in store image formation. Past research and
consumers‟ self-images. This study was undertaken to move to the next stage by
exploring the link between perceived store image and the personal values which
underlie behavioral choices. Fashion retailing was selected as an appropriate
research domain because of well-established associations between clothing
choice, personality, self-concept, and personal values. “Means end theory and
laddering methodology were employed in interviews 30 female respondents. The
hedonic values of “enjoyment and happiness” and with image. These were linked
through the consequence “nice feeling” to the tangible attributes of “price”,
“quality “and “reputation”. The study illustrates an application of means end
methodology in retail environment, and the results provide a platform for fashion
store image and positioning strategies. Suggestion for further research are made.
CHAPTER-9
SUGGESTION
The company should build the good relationship with customers and they
need to improve communication between the customers.
The customer’s perception towards Kasmiri Products private limited has to
be improved and enlarged by increasing the public relations, publicity and
advertisement.
The company should set the proper quotations of price with regard to
competitors’ prices.
According to the customer requirements they have to increase the
production.
The company should try to upgrade technology of Marketing &
Advertisment in order to cope up with other competitors.
The company should produce abundant goods in right quantity and quality
at the right time. The company should reduce the price of its products in
order to increase the sales.
The company should provide good quality service to the customers and
should retent the customers trust and faith.
The company should starting good offers for retailers and customer so
attract the company’ customers.
The company should accepted real Marketing strategy and also
Advertisment, and enhanced their business.
Bibliography
Websites:
www.kashmiriproducts.com
www.quara.com
http://shodhganga.inflibnet.ac.in>bitstream
www.slideshare.net
www.studymode.com
CHAPTER-10
Conclusion:
From this survey, it is confirmed that Kashmiri products should aware about
the Kashmiri products easily retailer not accept new products.
While researcher would analyses the market, it would found only new
product is accept where product awareness is good in market