53
1 A Project Report On Market Potential of Sudha Milk in Gaya” At Magadh Dairy Project, Gaya Under The Guidance of Mr. Rakesh Sukla (MD) [M.D (Marketing & Training), Sudha, Gaya (Bihar)] In Partial Fulfillment of the Requirements For the award of “Post Graduate Diploma in Management” Submitted To : Submitted By : Prof. Arun Kumar Singh Prasenjit Kumar (Associate Prof. AIMT) Roll:DM1214260 Greater Noida ACCURATE INSTITUTE OF MANAGEMENT & TECHNOLOGY, PLOT NO. 49, KNOWLEDGE PARK 3, GREATER NOIDA- 201306 (UP) July 2013

Prasenjit sudha project on market potential(final)

Embed Size (px)

Citation preview

Page 1: Prasenjit sudha project on market potential(final)

1

A

Project Report

On

“Market Potential of Sudha Milk in Gaya”

At

Magadh Dairy Project, Gaya

Under The Guidance of

Mr. Rakesh Sukla (MD)

[M.D (Marketing & Training), Sudha, Gaya (Bihar)]

In Partial Fulfillment of the Requirements

For the award of

“Post Graduate Diploma in Management”

Submitted To : Submitted By :

Prof. Arun Kumar Singh Prasenjit Kumar

(Associate Prof. AIMT) Roll:DM1214260

Greater Noida

ACCURATE INSTITUTE OF MANAGEMENT & TECHNOLOGY, PLOT NO. 49,

KNOWLEDGE PARK 3, GREATER NOIDA- 201306 (UP)

July 2013

Page 2: Prasenjit sudha project on market potential(final)

2

Page 3: Prasenjit sudha project on market potential(final)

3

CERTIFICATE OF ORIGINALITY

I_____________________________________ Roll No ______________________of

2013, is a fulltime beneficed student of first year of PGDM Program of Accurate Institute

of Management & Technology, Greater Noida. I hereby certify that this project work

carried out by me at _____________________________________________________

the report submitted in partial fulfillment of the requirements of the program is an

original work of mine under the guidance of the industry mentor __________________

and the faculty mentor ______________________________________________and is

not based or reproduced from any existing work of any other person or on any earlier

work undertaken at any other time or for any other purpose, and has not been submitted

anywhere else at any time

(Student's Signature)

Date:……………………………..

(Faculty Mentor’s Signature)

Date :……………………………..

Page 4: Prasenjit sudha project on market potential(final)

4

ACKNOWLEDGEMENT

No research can blossom from single person‟s mind without proper guidance, assistance and

inspiration from various quarters. My project was given its present shape by assistance of many

people whom I am greatly indebted to. I express my gratitude and indebtedness toward the

people who helped me during my project work.

This project report is a result of endless effort & immense degree of oil by many great minds. It

was pleasure to work in one of the most valuable F.M.C.G Company like MAGADH DIARY

PROJECT (SUDHA).

I express my humble gratitude towards Mr. K.K SHARMA Chief executive of MAGADH

DIARY PROJECT (SUDHA) Gaya who treated me as a guide depot for giving me a chance to

pursue my summer training in a prestigious company.

I express my special thanks to Mr. Shukla, General Manager (Marketing), Magadh diary project

Gaya Bihar. Who always gives me the guidelines time to time during my summer training and

they help me for the completion of my project.

I am also thankful to Mr. A.K PANDEY (MANAGEMENT REPRESENTATIVE) for providing

me proper inputs and guidance.

I would like to dedicate this work to my revered institute AIMT, Greater Noida where I am

getting the shape of future business manager.

I express my sincere gratitude to Prof. Arun Kumar singh faculty of AIMT, Greater Noida for

their support and guidance on the ground of which I have acquired a new field of knowledge.

Last but not least, I express my gratitude to my parents who financed this project and have been a

moral support to me during this project.

PRASENJIT KUMAR

ENR.NO. DM1214260

Page 5: Prasenjit sudha project on market potential(final)

5

EXECUTIVE SUMMARY

I, Prasenjit Kumar felt privileged to be a part of Accurate Institute of Management &

Technology, Gr. Noida. I did my summer internship training in Magadh Dairy Project (Sudha) a

FMCG sector company. My project title is “MARKET POTENTIAL OF SUDHA MILK IN

GAYA”

The project‟s basic objective is to analyzing the anti sudha behavior of retail outlets under the

distributorship of Gaya.

In this project I surveyed in areas of No. table of figures entries found.Shukla Sales and

asked selected questions to the outlet owners who were either not selling sudha products or

selling in very less quantity.

Out of my project I learnt these things: -

Sudha should understand the expectations of people If one wants to grow in FMCG sector one

should keep the following factors in mind that the products are easily available to the consumers,

to improve the quality of products from time to time, competitive services should be provided to

the retailers, the price of the product should be low and last but not the least the visibility and the

promotional strategy should be such that it hits people‟s mind.

Page 6: Prasenjit sudha project on market potential(final)

6

CONTENTS

Title Page No

1. Company Information

1.1. Introduction 7- 10

1.2. Company Profile 11- 13

1.3. Vision & Mission 14

1.4. Organizational Structure 15 - 16

1.5.Sudha milk Product 17 - 18

1.6. Manufacturing Process 19 - 22

1.7.Award and Recognitions. 23

1.8.SWOT Analysis 24

2. Literature Review 25

3. Research Method 26 – 29

3.1 Research Problem 26

3.2 Research Objective 26

3.3 Scope of the Study 26

3.4 Research Methodology 27 - 28

3.4.1 Research Design 28

3.4.2 Sampling Design 28

3.4.3 Data Collection 28 - 29

4. Data Analysis and Findings /Results

4.1 Data Analysis 29 - 43

4.2 Finding/ Result 44

5. Conclusions, Limitations & Suggestions 45 - 46

Bibliography 47

Questionnaire 48 - 52

Page 7: Prasenjit sudha project on market potential(final)

7

Chapter -1

Company Information

1.1. INTRODUCTION

Dairy enterprise is an important occupation of the farmer. In India, nearly 70% of the people

depend on agriculture. It is the backbone of India. It is mainly a rural occupation closely

associated with agriculture. More than 2,445 million people economically active in agriculture in

the world, probably 2/3 or even more ¾ of them are wholly or partly dependent on livestock

farming. India is endowed with rich flora & fauna & continues to be vital avenue for employment

and income generation, especially in rural areas. The dairy sector in the India has shown

remarkable development in the past decade and India has now become one of the largest

producers of milk and value-added milk products in the world. The dairy sector has developed

through co-operative in many parts of the state. Traditionally, in India dairying has been a rural

cottage industry. Semi-commercial dairying started with the establishment of military dairy

farms and co-operative milk unions throughout the country towards the end of the 19th

century.

In earlier years, many households owned their own „family cow‟ or secured milk from neighbors

who had one. With the increase in urban population fewer households could afford to keep a cow

for private use & moreover there were other problems also like the high cost of milk production,

problem of sanitation etc. restricted the practice; and gradually the family cow in the city was

eliminated and city cattle were all sent back to the rural areas. Gradually farmers living near the

cities took advantage of their proximity to the cities & began supplying to the urban population;

this gave rise to the fluid milk –sheds we see today in every cities of our country. Prior to the

1850s most milk was necessarily produced within a short distance of the place of consumption

because of lack of suitable means of transportation and refrigeration. The Indian Dairy Industry

has made rapid progress since Independence. A large number of modern milk plants and product

factories have since been established. These organized dairies have been successfully engaged in

the routine commercial production of pasteurized bottled milk and various Western and Indian

dairy products. With modern knowledge of the protection of milk during transportation, it

became possible to locate dairies where land was less expensive and crops could be grown more

economically. In India, the market milk technology may be considered to have commenced in

1950, with the functioning of the Central Dairy of Aarey Milk Colony, and milk product

technology in 1956 with the establishment of AMUL Dairy, Anand. Indian dairy sector is still

Page 8: Prasenjit sudha project on market potential(final)

8

mainly an unorganized sector as barely 10% of our total milk production undergoes organized

handling. Beginning in organized milk handling was made in India with establishment of

Military Dairy Farms. Handling of milk in co-operative Milk Unions established all over the

country on a small scale in the early stages. Long distance refrigerated rail-transport of milk from

Anand to Mumbai since 1945 pasteurization and bottling of milk on a large scale for organized

distribution was started at Aarey (1950), Calcutta (Haringhata, 1959 ), Worli (1961),

Madras(1963) etc. establishment of Milk Plants under the Five-Year plans for Dairy

Development all over India. These were taken up with the dual object of increasing the national

level of milk consumption and ensuing better returns to the primary milk producer. Their main

aim was to produce more, better and cheaper milk.

NATIONAL DAIRY DEVELOPMENT BOARD (NDDB):

The National Dairy Development Board was created to promote, finance and support producer-

owned and controlled organizations. NDDB‟s programs and activities seek to strengthen farmer

cooperatives and support national policies are favorable to the growth of such institutions.

Fundamental to NDDB‟s efforts are cooperative principles and the Anand pattern of cooperation.

A commitment to help rural producers help themselves has guided the Dairy Board‟s work for

more than 30 years. This commitment has been rewarded with achievements made by

cooperative dairies in milk production, employment generation, and per capita availability of

milk, foreign exchange saving and increased farmer incomes.

The National Dairy Development Board (NDDB) has replaced exploitation with

empowerment, convention with modernity, stagnation with growth and transformed dairying into

an instrument for the development of Indian farmers.

The National Dairy Development board was created in 1964 in response to the Prime Minister

Lal Bahadur Shastri‟s call to “transplant the spirit of Anand in many other places”. He wanted

the Anand model of dairy development- with institutions owned by rural producers, which were

sensitive to their needs and responsive to their demands-replicated in other parts of the country.

The Board‟s creation was routed in the conviction that our nation‟s socio-economic progress lies

largely on the development of rural India.

Thus NDDB‟s mandate is to promote, finance and support producer-owned and controlled

organizations. NDDB‟s programs and activities seek to strengthen farmer cooperatives and

support national policies that are favorable to the growth of such institutions.

Page 9: Prasenjit sudha project on market potential(final)

9

NDDB believes that the 7,000-crore(Rs.70-billion) milk cooperative market is getting much

more competitive and wants to strengthen the position of cooperatives through a multi- pronged

action plan with an outlay of Rs. 800 crores (Rs.8-billion). This includes using MDFL to enter

into 51:49 joint venture companies with state cooperative federations to assist them with

marketing value added products and to help them in other ways to become self-reliant

enterprises.

Co-operative companies playing in Dairy industry and its brands:

STATES CO-OPERATIVE UNIONS BRANDS

Andhra

Pradesh

Andhra Pradesh Dairy Development co-operative

Federation Limited(APDDCF)

Vijaya

Bihar Bihar State Co-operative Milk Producers Federation

Limited(COMPFED)

Sudha

Gujarat Gujarat Co-operative Milk Marketing Federation

Limited(GCMMF)

Amul, Sagar

Haryana Haryana Dairy Development co-operative Federation

Limited(HDDCF)

Vita

Himachal

Pradesh

Himachal Pradesh State Co-operative Milk Producers

Federation Limited (HPSCMPF)

Karnataka Karnataka Co-operative Milk Producers Federation

Limited(KMF)

Nadine

Kerala Kerala State Co-operative Milk Marketing Federation

Limited (KCMMF)

Milma

Madhya

Pradesh

Madhya Pradesh state Co-operative dairy Federation

Limited(MPCDF)

Sanchi,

Shakti,Sneha

Orissa Orissa State Co-operative Milk Producers Federation

Limited (OMFED)

Omfed

Utter Pradesh Pradeshik Co-operative dairy Federation Limited(PCDF) Parag

Punjab Punjab State Co-operative Milk Producers Federation

Limited(MILKFED)

Verka

Page 10: Prasenjit sudha project on market potential(final)

10

Rajasthan Rajasthan Co-operative Dairy Federation Limited(RCDF) Saras

Tamil Nadu Tamil Nadu Co-operative Milk Producers Federation

Limited(TCMPF)

Aavin

West Bengal West Bengal Co-operative Milk Producers Federation

Limited(WBCMPF)

Benmilk

Goa Goa State Co-operative Milk Producers Union Limited Goadairy

Jammu Jammu Co-operative Milk Producers Federation Limited Jamfed

Pondicherry Pondicherry Co-operative Producers Union Limited Ponlait

Sikkim Sikkim Milk Producers Union Limited Sikkimilk

Tripura Tripura Co-operative Milk Producers Union Limited Gomati

Page 11: Prasenjit sudha project on market potential(final)

11

1.1. Company Profile

NAME OF THE COMPANY

BIHAR STATE COOPERATIVE MILK PRODUCERS

FEDERATION LTD. (COMPFED) SUDHA

ORGANISATION :: COMPFED

\Head Office :: Bihar State Milk Co-operative Federation

Ltd.

PO-B.V. College

PATNA - 800 0014

BIHAR, INDIA

Chairman

Managing Director

Phone

Chairman

Managing Director

EPABX

Product Marketing Cell

::

::

Shri. ShashiShekhar Sharma, IAS

Smt. HarjotKaur, IAS

+91- 612-2217543

+91-612-2227451

+91-612-2228953,2224083,2228347,2220387

+91-612-2222126

Fax :: +91-612- 2228306

E-mail :: [email protected]

Website

Chief Executive

Gaya Dairy

Katari Hill Road

PO-Karimganj

Gaya-823001

:: www.compfed.co.in

Sri K.K.Sharma

Tel:0631-2425900,2421741

Fax:0631-2427121

Mobile:9334734630

Page 12: Prasenjit sudha project on market potential(final)

12

HISTORY OF MAGADH DAIRY PROJECT GAYA DAIRY (GAYA)

Sudha: The origin

The mighty Ganges at its origin is but a tiny stream in the Gadgetry ranges of the Himalayas.

Similar is the story of Sudha which inspired 'Operation Flood' and heralded the 'White

Revolution' in India. Father of white revolution is Dr. Vargiskurian (1973) it began with two

village co-operatives and 250 liters of milk per day, nothing but a trickle compared to the flood it

has become today. Today Sudha collects processes and distributes over a million liters of milk

and milk products per day, during the peak, on behalf of more than a thousand village

cooperatives owned by half a million farmer members. Further, as Ganga-ma carries the

aspirations of generations for Moksha, Sudha became the symbol of the aspirations of millions of

farmers. Creating a pattern of liberation and self-reliance for every farmer to follow.

The start of a revolution:

The revolution started as awareness among the farmers that grew and matured into a protest

movement and the determination to liberate themselves. Over four decades ago, the life of a

farmer in Kaira District was very much like that of his counterpart anywhere else in India. Its

income was derived almost entirely from seasonal crops. The income from milk buffaloes was

undependable. The marketing and distribution system for the milk was controlled by private

traders and middlemen. As milk is perishable, farmers were compelled to sell it for whatever they

were offered. Often, they had to sell cream and ghee at throwaway prices. In this situation, the

one who gained was the private trader. Gradually, the realization dawned on the farmers that the

exploitation by the trader could be checked only if marketed their milk themselves. In order to do

that they needed to form some sort of an organization. This realization is what led to the

establishment of the Bihar state Cooperative Milk Producers' federation Limited (popularly

known as Sudha) which was formally registered on December 14, 1946.

The Kaira Union began pasteurizing milk for the Bombay Milk Scheme in June 1948. An

assured market proved a great incentive to the milk producers of the district. By the end of 1948,

more than 400 farmers joined in more village societies, and the quantity of milk handled by one

Union increased from 250 to 5,000 liters a day.

Mr. Shukla, General Manager (Marketing), Magadh diary project Gaya Bihar, in conversation

with Mr. Santosh sinha explains Sudha‟s retailing plans and expansion strategies. The Bihar State

Co-operative milk producer‟s federation limited (COMPFED) has achieved 18 per cent growth

Page 13: Prasenjit sudha project on market potential(final)

13

during 2011-12 to close the year with a Rs 2,882 crores turnover, so it has been an enthusiastic

year for Sudha.

The March closing was exceptionally good as an overall growth was witnessed across all our

dairy products. What percentage of this growth would you attribute to business garnered from the

organized retail segment in India? As far as COMPFED is concerned, the contribution from the

organized retail segment would be negligible, say about 2-3 per cent. Except for a few cities like

PATNA and RANCHI, the actual penetration of the organized retail segment is not really

significant in other parts of India. These outlets would not fall in the organized segment but

rather in the traditional unorganized one. Portfolio would be enhanced if these new products are

present in organized retail formats.

Sudha reigns in the milk market with a dominant share of almost 35 percent volume share as per

industry estimates.

For the Bihar state Co-operative Milk Federation limited (COMPFED), which markets milk

products under the Sudha brand, is aggressively focusing on taking the brand to overseas

markets.

With an eye on both consumer (which includes products such as cheese, butter, ghee and

shrikhand and commodity (skim milk and butter oil) exports, COMPFED is targeting export

revenues of about Rs 200 crores this year.

Background

BIHAR STATE COOPERATIVE MILK PRODUCER FEDERATION (COMPFED) came

into existence in 1983 as the implementing agency of Operation Flood

Programme of dairy development on Anand pattern in the state. All the operation of Bihar State

Cooperation was handed over to COMPFED.

Page 14: Prasenjit sudha project on market potential(final)

14

1.4. VISION& MISSION

VISION:-

Expanding leadership in business through people, keeping pace with market trends and technology.

MISSION :-

BUSINESS

Lead the Industry rate of growth

No. 1 in profit in Industry

Global Trust

CUSTOMER

Trusted Partner

Reliable & Cost effective Solutions/ services

Customer acquisition/expansion

EMPLOYEES

Top 3 preferred employer

Learning Organization

Digital way

TECHNOLOGY

Technology Excellence

Introduction of new Solutions/Services

World Class Products

PROCESSES

Best in Class Organization

Business & Service /Product delivery

Page 15: Prasenjit sudha project on market potential(final)

15

1.5. ORGANIZATIONAL STRUCTURE

COMFED

CHAIRMAN (IAS)

MD (MANAGING DIRECTOR)(IAS)

GM (GENERAL MANAGER)

ASSISTANT MANAGER MANAGER

DEPUTY ASSISTANT MANAGER DEPUTY MANGER

ASSISTANT MANAGER

TECHNICAL OFFICER

MILK PROCUREMENT OFFICER

FODDER DEVELOPMENT OFFICER

EXECUTIVE MANAGER (HEAD OF BRANCH DAIRY)

PROCESSING MARKETING EMPLOYEE

Page 16: Prasenjit sudha project on market potential(final)

16

OUTLETS:

GAYA DAIRY ORGANIGATOIN STRUCTURE:-

K.K. SINHA (EXCUTIVE. OFFICER)

A.K PANDEY (MANAGEMENT REPRESENTATIVE/ FINANCE DEPARTMENT)

SANTOSH KUMAR (MARKETING DEP.)

J. RAI ( MARKETING ASST)

NITISH GOSHWAMI(JR. MARKETING OFFICER)

JOB ON CONTRACT:

BRAJ BHUSHAN KR. NIRALA(COMPUTER IN CHARGE)

RAJU(COMPUTER OPERATOR)

SUDAM (SERVICE BOY)

Page 17: Prasenjit sudha project on market potential(final)

17

1.6. Sudha Milk Product

MILK AND MILK PRODUCTS

Our products are available in market under brand name “Sudha”. These products are produced

keeping in view the taste and preferences of consumers. Our main products are as follows:-

Milk:-

Sudha cow milk

Sudha gold milk

Sudhashakti milk

Sudha healthy milk

Sudha smart milk

Sudhalite milk

Milk Products:-

Sudha Ghee

Sudha Ice-Cream

SudhaMisti-dahi

SudhaPeda

SudhaPaneer

Sudha special

SudhaKalakand

SudhaRasogulla

SudhaGulabjamun

Sudha Plain-curd

SudhaLedikeni

SudhaBalusahi

Page 18: Prasenjit sudha project on market potential(final)

18

New Product Launches:-

Sudha cool sip

SudhaMattha

Sudha milk honey

Sudha milk powder

Page 19: Prasenjit sudha project on market potential(final)

19

1.7.PROCESSING INFRASTRUCTRE:-

There are twelve dairy plants with total handling capacity of 8.30 lakh lts/day process facility, 8

chilling centers, 10 bulk coolers provide additional chilling capacity which caters to markets of

Bihar and Jharkhand. Most of these dairies are

ISO/HACCP certificate.

For conserving surplus milk solids, one powder plant is functional at GAYA and another one is

coming up at Patna. COMPFED has three cattle feed plants for meeting the entire feed demand of the

Dairy Co-operative societies. Ranchi cattle feed plant produces a variety of feeds for cattle, pig,

fishes etc.

Processing Capacities

Name of the Plant Capacity(TLPD) Management

Patna 150.0 VPMU

Barauni 200.0 BMU

Muzaffearpur 150.0 TMU

Samastipur 200.0 MMU

Arrah 100.0 SMU

Jamshedpur 100.0 COMFED

Ranchi 100.0 COMFED

Bokaro 100.0 COMFED

Gaya 55.0 COMFED

Purnia 10.0 BMU

Kaimur 10.0 SMU

Gopalganj 10.0 TMU

Total 1190.0

Page 20: Prasenjit sudha project on market potential(final)

20

Hajipur 60.0 VPMU

Sitamarhi 20.0 TMU

Khagaria

40.0 BMU

Rosera 20.0 MMU

Darbhanga 20.0 MMU

Kochas 10.0 SMU

Dumraon 10.0 SMU

Motihari 10.0 TMU

Total 190.0

Bulk Coolers

Bulk Coolers Capacity(TLPD) Mgmt

Biharsharif 12.0 VPMU

Ekangarsarai 5.0 VPMU

Asthawan 7.0 VPMU

Gopalganj 4.0 TMU

Saharsa 2.0 DRMU

Lakhisarai 5.0 DRMU

Jehanabad 5.0 COMFED

Daltanganj 4.0 COMFED

Others 136.5

Total 180.5

Milk Chilling Centers/Bulk Coolers

Chilling centre Capacity(TLPD) Mgmt.

Page 21: Prasenjit sudha project on market potential(final)

21

Other Plants

Plant Capacity

CFP, Patna 100 MTD

CFP, Ranchi 100 MTD

CFP, Kanti,Muz'pur 60 MTD

Ice-cream plant,Patna 3TLPD

PRODUCTIVITY ENHANCEMENT:-

Increasing the number of Artificial Insemination Centers from existing 1108 to 2454.

Increasing the production capacity of cattle feed plants from existing 155

Metric Ton per day (MTD) to 660MTD.

QUALITY TRACKING

Systems have led to the introduction of consumer friendly and upgraded packaging at lower costs,

without compromising quality.

PROCESSING INFRASTRUCTURE

There are twelve dairy plants with total handling of 8.30 lakh Its./ day processing facility ,8 chilling

centers, 10 bulk coolers provide additional chilling capacity of 2.42lakh./day. there is one ice-crem

plant at patna of 3000 its/day capacity which catters to market of Bihar & Jharkhand . Most of these

dairies are ISO/HACCP certified.

For conserving surplus milk solid, one powder plant is functional at GAYA and another is

coming up at Patna .COMPFED has three cattle feed plant for meeting the entire feed demand of the

dairy cooperative societies. Ranchi cattle feed plant produces a variety of feed for cattle, pigs, fish

etc.

MILK MARKETING

Page 22: Prasenjit sudha project on market potential(final)

22

The dairy average marketing of liquid milk in 2011-12 was 6.5 lakh liter/day. Marketing of milk and

milk products is being done in 84 cities /towns through 6319 (including 405 whole day booth / parlor

) Outlets in Bihar/Jharkhand/ West Bengal and U.P.

MILK PRODUCT MARKETING:-

With a view to improve the financial viability of dairies, broaden the Product mix to serve a large

section of the population and improve the disposal of milk procured by the Dairy Co-operative

Society (DCS), The dairies have resorted to the production of long life, value added And fresh milk

products.

FUTURE PLANS BY 2015

(a).DCS ORGANISATION

(b).Increasing the coverage of village 18% to 49%

(C).Expanding the dairy co-operative network to 15000 DCS

(d).Bringing 10.0 lakh rural families under co-operatives.

(e).Milk procurement to reach 19.25 lakh kg/day.

(f).Milk marketing to reach 16.00 lakh Its/day

Page 23: Prasenjit sudha project on market potential(final)

23

1.8. AWARDS AND RECOGNITIONS

One lady AI worker of mithila milk Union honored by The National commission of Woman

Vaishali partiliputra milk Union awarded with productivity Award in 2001-02 and 2005-06.

Baurani Dairy was honored with national Best public Utility Service Award.

Muzafferpur Dairy was honored with National productivity Award for the year 1994- 95, 2006-07,

and Patna Dairy for the Year 2000-01, 2001-02 and 2005-06.

Ratan Manbhaghangama DCS of GAYA Milk Union was awarded with “CO-Operative Excellence

Award 2004” by Ministry of Agriculture Government of India.

Page 24: Prasenjit sudha project on market potential(final)

24

1.9 SWOT Analysis.

STRENGTH:-

1) Good market penetration.

2) Motivated channel partner.

3) Well defined routes.

WEAKNESS:-

1) Complaint handling was not up to mark.

2) Supply in certain area is very irregular and also route agents are not covering full routes.

3) Poor signage and display is making the routes week for the sale of Sudha product.

4) Interpersonal relationship with the company officials and the route agent is not satisfactory

OPPORTUNITY:-

It is observed that in some newly establishing areas many new outlets are opening , sudha needs

to concentrate on these new outlets and can

Gradually increase their sales in these are large number of mix outlets can be changed to sudha

exclusive and raj exclusive to mix only areas.

THREATES:-

1) Raj, Amul, Paras are the nearest competitor and it is catching up in the market penetration

through price skimming and other promotional scheme.

Page 25: Prasenjit sudha project on market potential(final)

25

Chapter 2

REVIEW OF LITERATURE:

Perception & exception level of the consumer towards milk has become an important area for being

explored because this is one section where organizational unit is primarily concerned.

The hypothetical assumption of this report is that the consumers have a positive perception & linking

towards the branded milk “sudha” & this area could be explored further for the purposes of gaining

large market share. Hence, this is one section which could be explored & penetrated for purposes of

gaining greater mileage.

The other assumptions are -:

-To study the milk marketing which are available in the market.

- To study the consumers as well as dealers perceptions towards the market.

Also, the total study conducted by us is based on assumptions\beliefs that sudha owners have a

strong sense of satisfaction because of various reasons especially from the point of view of milk

marketing of all varieties. My entire study has been designed to test the level of hypothetical

assumptions i.e. the concept of user‟s preference level.

Whatever has been explained above indicates in short the pathways which I have adopted for

conducting this main project training report & the succeeding chapters in their support would give a

clear indication about the study at large & the analysis would give us an idea about the resultant

outcome of the study

Page 26: Prasenjit sudha project on market potential(final)

26

Chapter 3

RESEARCH METHODOLOGY

3.1. Research Problem

Sudha dairy has lots of competitor in GAYA such as Raj, Amul, etc. Thus to satisfy the competitive

environment & increase in sale of its products among others competitors lots of purchasing stage are

being changed from time to time in order to have max customer satisfaction & hundred percent

customer retention. So to increase the buying power of customer & increase in the sales of the products &raise as

much revenue as possible is the biggest issue that the organization is facing among its

competitors.

3.2. Research objective

The main objective of the study in this project we are going to study the following:

To find the level of sales at the retail outlets in comparison to Other & brand To investigate Market potential of Sudha Dairy Product in Gaya.

To know the preference of Customer and Retailer towards SUDHA milk.

To analyse the popularity and awareness level amongst the Customers and Retailer.

3.3. Scope of the Study

The main scope of this study is to ascertain the effectiveness of Market potential of Sudha milk

and various methods to increase the Sales Volume of the concern. The methods include regular

information to the buyers creating a brand position in the market and taking measures to make the

brand remain in its position. One of the important aspects of this study is also to increase the

market segment for the product

Page 27: Prasenjit sudha project on market potential(final)

27

3.4. Research Methodology:-

Observation method

Experimental method

Survey method

Under Research Methodology there are three types of methods for market potential research. They

are as follows:

a) The observation method

b) The experimental method

c) The survey method inclusive of panel method.

In observation method data are collected on the direct observation. No talks take place. By

observing the person the analysis makes the inventory as to product used by him at his home or kept

as retailers stocks. In experimental method it is based on the concept that small-scale experiment is

useful to indicate the expectations of large-scale experiment

The survey method information is gathered directly from individuals three ways:

1.Telephone

2. E-Mail

3. Personal Interview

The survey method is also mentioned as the “Questionnaire Technique” they are also segregated by:

1)In factual survey

2) Opinion survey

3) Interpretative survey

for my project point of view, the method mainly used are:

1) Survey by route ride

2 )Personal interview by questionnaire technique.

1. The survey method by route ride I usually went with sudha van also with salesman. I met the

retailers from outlets to outlets. This survey method helps me a lot to Understand about the

distribution system and to understand the problem of retailers and other people.

Page 28: Prasenjit sudha project on market potential(final)

28

2. In addition to the personal interview by questionnaire technique. In this survey method I saw that

the respondent was shown the exhibit and advertisement to give his personal opinion and attitude. In

this method the direct interaction of occurred with the retailers and I could collect the reliable

information from them it has also cost disadvantage that‟s why some were difficult to covered.

METHODOLOGY:

Methodology is a systematic way to undertake the study. It may be understood as a science of

studying how study is done. In fact, success of the research project depends entirely on the data and

therefore the methods employed in the collection of the data.

3.4.1. RESEARCH DESIGN:

Research design indicates the methods of research i.e., the methods of gathering information and

methods of sampling. Research design in the study is descriptive analytical research. It is designed to

describe something, such as demographic characteristics or who use the product.

3.4.2. SAMPLING TECHNIQUE:

The sampling techniques involved in this project are convenience sampling technique. The

respondents were interviewed at various places like residence and outlet shop of milk products.

SAMPLING PLAN:

1. Sampling unit: sampling unit consist of consumers and retailer, it mainly comprises of

consumers and retailer in Gaya.

2. Sampling method: convenience sampling method.

3. Sample size: It consists of 100 consumers and 25 retailer.

3.4.3. DATA COLLECTION METHODS:

1.) Primary Data:

Page 29: Prasenjit sudha project on market potential(final)

29

In this method the various information are gathered for the very first time or we can say that

it is a way of getting first-hand information. Primary data is gathered by interview,

questionnaire. This primary data collection was major part of field survey.

2.) SECONDARY DATA:

Data which are already available and it may provide ready information relevant to the study

is called secondary data.

The information collection process and methodology which I followed secondary data with

the help of Internal source (Life history, Letters, Diaries and Memory), External Sources

(Book, Business Journals, Websites etc.) and other such modes of information generation.

QUESTIONNAIRE DESCRIPTION:

The questionnaire was prepared consisting of structured and non-disguised. The questions were

logically and sequentially arranged in the questionnaire so the proper and authentic information can

be obtained from the respondents without any anomalies from the part of the respondents provided

corrects response can obtained.

Researcher had asked 16 questions from the customers And 12 question from Retailers. In this way

Scope of the Study Researcher collect the data which is helpful for company to know about the

market Potential.

Page 30: Prasenjit sudha project on market potential(final)

30

Chapter 4

DATA ANLYSIS & FINDING /RESULT

4.1. Data Analysis & Interpretation

METHODS OF ANALYSIS:

In order to analysis the data obtained from questionnaire various statistical tools were used

like the percentage, charts were used.

DATA COLLECTION

The available & quality of information is mainly dependent on the sources of information. This

study is mainly based on primary & secondary data sources. The primary data has been collected on

the basis of a structured schedule drawn up by us on approval from sudha management. The

response has been gathered from the dealers & consumers to get more reliable information.

The secondary data has been collected from Sudha‟s website, internal files, documents, internal

magazines & on the basis of discussion I had.

Tools of Representation:-

The Researcher represents the data analysis using as a tools like Data Table‟s and Pie Chart.

Page 31: Prasenjit sudha project on market potential(final)

31

Analysis and interpretation for customer:-

1. Occupation of consumers surveyed

Options no. of respondent Percentage

House wives 22 22%

Student 14 14%

Self employed 21 21%

Public sector 28 28%

Privet sector 15 15%

From the above analysis it is interpreted that most respondent were public sector employee with

28%, self-employed 21%, house wives 22%, private sector employee15% while 14% are student.

2. Analysis of Customer Family Strength.

Family Strength No of customer %

2 to 4 30 30

4 to 6 40 40

6 to 8 20 20

>=8 10 10

From the above analysis it is interpreted that customers Family strength with highest 40% 4 to 6,

Family strength 2 to 4

4 to 6

6 to 8

>=8

Page 32: Prasenjit sudha project on market potential(final)

32

30% 2 to 4, 20% 6 to 8 and 10% >=8.

3. Regular user of packed milk & the information in this regard would be of any use

Options no. of respondent Percentage

Yes 79 79%

No 21 21%

Above analysis says that 79% of customer is regular user of sudha and find information in this regard

valuable while 21% are not.

4. Analysis of customer milk consumption per day normally.

Family Strength No of customer Milk Ltr %

2 to 4 30 0-2 30

4 to 6 40 2-4 40

6 to 8 20 4-6 20

>=8 10 >=6 10

5. Analysis of customer preference about brand

Milk Consumption by Customer 0-2 Ltr

2-3 Ltr

3-4 Ltr

>=4 Ltr

Page 33: Prasenjit sudha project on market potential(final)

33

Brand respondent %

Sudha 86 86%

Raj 5 5%

Amul 2 2%

Paras 5 5%

Local Product 2 2%

From the above analysis it is interpreted that customers preference about brandwith highest 86%

sudha,5% Raj, 2% Amul, 5% paras and 2% Local product.

6. Analysis of customer preference to milk of sudha.

Options respondent percentage

Quality 22 22%

Price 20 20%

Convenience 35 35%

Taste 5 5%

Brand 18 18%

customer Preference

Sudha

Raj

Amul

Paras

Page 34: Prasenjit sudha project on market potential(final)

34

From the above analysis it is interpreted that customers find convenience with highest 35%, quality

22%, price20%, brand18% and taste 5% while purchasing the sudha‟s product.

7. To find out that in case of some event or festival or weekend which brand of milk is

preferred.

Option Respondent Percentage

Sudha 86 86%

Raj 5 5%

Amul 2 2%

Paras 5 5%

Local Product 2 2%

Above analysis show that respondent mostly prefers sudha 86% highest, 5% raj, 2% amul& Local

Product while paras 2%.

8. To know that they use sudha’s milk product or something else on special occasions.

Options respondent Percentage

Sudha 48 48%

Local 10 10%

Amul 30 30%

Raj 12 12%

Page 35: Prasenjit sudha project on market potential(final)

35

From the above analysis it is interpreted that respondent mostly use sudha‟s product on special

occasions i.e.48%, Amul 30%, raj 12% and Local Product 10%.

9. Analysis of customer often purchase Sudha product.

Option Respondent %

Dailey 100 100

Weekly 0 0

Monthly 0 0

Occasionally 0 0

10. Packaging of sudha milk which is mostly convenient in use or mostly purchased

Options no. of respondent

Percentage

1lit. 25 25%

500 ml 66 66%

Less than 500 ml 9 9%

Respondent

Dailey

weekly

Monthly

Occasionally

Page 36: Prasenjit sudha project on market potential(final)

36

Above analysis show that respondent mostly prefers 500 ml tetra pack with 66%,

25% 1 lit. While 9% use less than 500 ml pack.

11. Access for awareness of consumer for different packed variety of sudha milk.

From the an over analysis it is interpreted that respondent purchase sudha gold 24% highest one,

sudhashakti 20%, healthy 22%, animals milk 18% &sudha smart 16%.

12. Customer comes to know about newly launched product of sudha by

Options no. of respondent Percentage

Options respondent Percentage

Sudha gold 24 24%

Sudha Shakti 20 20%

Animals milk 18 18%

Sudha healthy 22 22%

Sudha smart 16 16%

Page 37: Prasenjit sudha project on market potential(final)

37

Print 12 12%

Electronic 14 14%

Hoarding 16 16%

Retailer 58 58%

From the above analysis it is interpreted that customer came to know of sudha‟s product highest

through retailer 58%, 12% by print media, 14% by electronic and 16% by hoarding.

13. Sudha milk/milk product price is reasonable or not

Options no. of respondent Percentage

Yes 62 62%

No 38 83%

Above analysis shows that 62% respondent find price of sudha milk/milk product is reasonable while

38% feels that price is not reasonable.

14. Analysis of satisfaction level of customers with sudha product line Options.

Respondent percentage

Page 38: Prasenjit sudha project on market potential(final)

38

Yes 68%

No 32%

it is interpreted that customer feel satisfied with highest 68% yes & 32% say no to it.

Page 39: Prasenjit sudha project on market potential(final)

39

ANALYSIS & INTERPRETATION FOR RETAILERS

1. Analysis of customer visit on retailer outlet per day for sudha milk.

No of customer Retailers Percentage

0 - 100 2 8%

100 – 200 5 20%

200 – 300 10 40%

300 – 400 8 32%

>=400 0 0%

From the above analysis it is show the customer visit on retailers for sudha product.

2. Analysis the Brand kept by retailer for sell.

Brand retailer Percentage

Sudha 20 80%

Local 2 10%

Amul 1 5%

Raj 2 10%

Paras 0 0%

Customer visit on sudha outlet

<=100

100 - 200

200 - 300

300 - 400

8%

20%

40%

32%

Retailr keep brand to sell Subha

Local

Amul

Raj

Paras

Page 40: Prasenjit sudha project on market potential(final)

40

3. Analysis of the milk sells by Retailer per day.

Option Respondent %

<=100 Ltr 0 0

(100- 200) Ltr 2 8

(200- 300) Ltr 5 20

(300- 400) Ltr 15 60

(400- 500) Ltr 3 12

>=500 Ltr 0 0

4. The preference level for selling of Sudha milk brand over other brands by the retailers

(reasons)

Options no. of respondent Percentage

Popularity 5 20%

Profit margin 5 20%

Demand 15 60%

Milk sells <=100 Ltr

(100-200) Ltr

(200-300) Ltr

(300-400) Ltr

(400-500) Ltr

>=500 Ltr

Page 41: Prasenjit sudha project on market potential(final)

41

Above analysis shows that retailers sell Sudha brand over other brands due to popularity 20%, due to

profit margins 20%, due to demand 60%.

5. The maximum sales of the brand milk product by retailer.

Options no. of respondent Percentage

Sudha 23 80%

Raj 0 8%

Amul 0 92%

Paras 0 8%

Local 2 8%

Above analysis shows that retailers Maximum sales of the Sudha brand 92%, other 8%

6. Level of consumption of customers during weekends or festive seasons increases or

Not

Options no. of respondent Percentage

Yes 25 100%

No 0 0

Maximum sales of the brand milk

Sudha

Raj

Amul

Paras

92%

8%

Page 42: Prasenjit sudha project on market potential(final)

42

From the above analysis it is interpreted that there is increase in the level of consumption during

weekends or festive seasons with 100% yes & 0% saying no it.

7. Demand for milk increase is taken care by the organization or not

Options no. of respondent Percentage

Yes 20 80%

No 5 20%

Above analysis shows that 80% retailers satisfied with the care taken by the organization in case of

increase in demand while 20% are against it.

8. The level of existing distribution policy of organization

Options Respondent Percentage

Very good 10 40%

Good 12 48%

Better 2 8%

Bad 0 0

Neither good nor bad 3 12%

level of existing distribution policy

Very Good

Good

Better

Bad

Neither good nor bad

Page 43: Prasenjit sudha project on market potential(final)

43

Above analysis shows that 40% retailers find the existing distribution policy good.

9. Analysis of the opinion of retailers on the margin of profit being provided to them by the

organization

Options Respondent Percentage

Very good 12 48%

Good 8 32%

Better 3 12%

Bad 0 0

Neither good nor bad 2 8%

From the above analysis it is interpreted that retailers feel very good with highest 48%.

10. Analysis of the satisfaction of Retailer with the current margins and services of Sudha

brand.

Options no. of respondent Percentage

Yes 22 88%

No 3 12%

Opinion of retailers on the margin profit

Very good

good

Better

Bad

Satisfaction of Retailer with the current margins and services

Yes

No

Page 44: Prasenjit sudha project on market potential(final)

44

4.2. FINDING ANLYSIS /RESULT OF THE STUDY

Finding:-

On the basis of survey, based on 100 respondents of customer and 25 retailers there are various

findings given below:-

Customer:-

It was found that first 4 analyses show the potential of Sudha product in Gaya market.

It was found that analysis 5 to 7 show the customer preference and 8 to 10 show the

popularity about Sudha milk. It shows the highly preferred brand is sudha and it is most

popular among customer.

It was found that analysis 11 to 12 show the customer awareness level about sudha Milk and

13 to 15 show the customer satisfaction about sudha. It shows that mostly customer aware the

sudha product through retailer.

It was found that that customer came to know of sudha‟s product highest through retailer

58%, 12% by print media, 14% by electronic and 16% by hoarding.

Retailer:-

It was found that first 3 and 5 analyses show the market potential of Sudha product through

customer visit on outlet It also show the popularity of Sudha milk.

It was found that analyses 4 to 8 show preference level retailers about Sudha milk.

It was found that analyses 9 &10 show the retailer‟s satisfaction level about Sudha milk.

Page 45: Prasenjit sudha project on market potential(final)

45

Chapter - 5

CONCLUSION, SUGGESTIONS

CONCLUSION:-

After Completing the Study Related to the project, We Draw Following Conclusion

Customer:-

1. Among competitor the sale of Sudha‟s is very high and Most of customer prefers Sudha‟s

product than other.

2. Sudha is top in the list among different brand in Gaya.

Retailer:-

Retailers feel good on the profit margin being provided by the organization.

During our project, we find that the distribution channel of Sudha is not very good in Gaya

region.

It was found that 80% retailers satisfied with the care taken by the organization in case of

increase in demand while 20% are against it.

Retailers sell sudha brand over other brands due High demand.

Page 46: Prasenjit sudha project on market potential(final)

46

SUGGESTIONS:-

SUDHA DAIRY should introduce some change in its marketing function and advertising to market

more rational. The following factors to be worthy of consideration:-

1. A complain Register should be provided by the company to every distributor in every route

so that, retailers/customers can write their problems. The complaint register should be

checked by consumer executive and depot in charge at time to time.

2. Facilities provided by the company should be increased. Facilities requirements should be

fulfilled in all the rural and urban area properly after deeply study for various aspects or

retailers by the help of company employee and depot in charge.

3. The company should improve the distribution policy.

4. Sudha Dairy should be provided it‟s the rural area also.

LIMITATION:-

1. In our project we were supposed to visit every day in the company but due to some unavoidable

circumstances like weekly holiday, occasional holiday, we could not visit in the company.

2. Lack of proper information and experience also became hurdles for us. Some particular persons

are not have sufficient time to talk with us.

3. Off course, money also played a vital factor in the whole project duration

Page 47: Prasenjit sudha project on market potential(final)

47

BIBLIOGRAPHY

BOOK:-

A. Kotler. Philip,& Armstrong. Gary ,( 2006), Principals of marketing 11th

Edition.,publication

B. Malhotra .NareshK. ,(2007) , Marketing Research-An Applied Orientation, 5th

Edition.

WEBSITES:-

www.COMPFED.co.in

www.indiandairy.com/editoria

www.business.fmcg.org

www.sudha.com

www.marketing.sudha.co.in

Sudha Wikipedia

SEARCH ENGINES: Articles:

www.google.com Competitors,

www.yahoo.com Attractive features of the

Company

Page 48: Prasenjit sudha project on market potential(final)

48

QUESTIONNAIRE FOR CONSUMER

(For the GAYA market survey of sudha Dairy Product)

NAME:______________________________________________________

ADDRESS:___________________________________________________

CONTACT NUMBER:__________________________________________

1. What is the Occupation of consumers?

A. House wives B. Student C. Self employed

D. Public sector E. Privet sector

2. How many members in your family?

A. 2 to 4 B. 4 to 6

C. 6 to 8 D. >=8

3. Are You regular user of packed milk or not?

A. Yes B. No

4. How much milk you buy normally?

A. 0-2 Lrt B. 2-3 Ltr

C. 3-4 Ltr D. >=4 Ltr

5. Which brand of milk do you prefer?

A. Sudha

B. Raj

C. Amul

D. Paras

E. Local Product

6. What is the reason of preferring any brand of milk?

F. Quality

G. Price

H. Convenience

Page 49: Prasenjit sudha project on market potential(final)

49

I. Taste

J. Brand

7. In case of some event or festival or weekend which brand of milk is preferred by you.

A. Sudha

B. Raj

C. Amul

D. Paras

E. Local Product

8. Do you use sudha‟s milk product or something else on special occasions.

A. Sudha

B. Raj

C. Amul

D. Paras

E. Local Product

9. How often do you purchase Sudha product ?

A. Dailey B. Monthly

C. Weekly D. Occasionally

10. Size of package mostly purchased by you.

A. 1lit B. 500 ml C. Less than 500 ml

11. Do you aware of the varieties of sudha milk ?

A. Sudha gold

B. Sudha Shakti

C. Animals milk

D. Sudha healthy

E. Sudha smart

12. How you, comes to know about newly launched product of sudha by?

A. Print B. Electronic

C. Hoarding D.Retailer

13. Sudha milk/milk product price is reasonable for you or not?

Page 50: Prasenjit sudha project on market potential(final)

50

A. Yes B. No

14. Are you satisfied with the quality and services of Sudha Product?

A. Yes B. No

If no, Why……………………………………………………………………

15. Would you expect something more from sudha(in quality, variety and services)?

___________________________________________________________________

_______

16. Any suggestion by you for Sudha products.

______________________________________________________________________

_____________________________________________________________________

Page 51: Prasenjit sudha project on market potential(final)

51

QUESTIONNAIRE FOR RETAILERS

(For the market survey of SUDHA Dairy Products in GAYA market)

Name:………………………………………......................... ...................................

Address:………………………………………............................................................

Contact no.:…………………………………...

1. How many customer visits on your outlet for sudha milk in per day

A. <=100 B.100 – 200 C.200 – 300

D. 300 - 400 E.>=400

2. Which brand kept by retailer to Sell?

A. Sudha B. Local C . Amul

D. Raj F. Paras G. Other

3. How much milk sell by Retailer per day?

A. <=100 Ltr B. (100- 200) Ltr C. (200- 300) Ltr

D. (300- 400) Ltr E. (400- 500) Ltr F. >=500 Ltr

4. In which preference level for selling of Sudha milk brand over other brands by you?

A. Popularity B. Profit margin C. Demand

5. According to Retailer which brand milk product, has maximum sales?

A. Sudha B. Raj C. Amul

D. Paras E. Local

6. Level of consumption of customers during weekends or festive seasons increases or Not.

A. Yes B. NO

7. Demand for milk increase is taken care by the organization or not.

A. Yes B. NO

Page 52: Prasenjit sudha project on market potential(final)

52

8. How retailers feel about level of existing distribution policy of organization?

A. Very Good B. Good C. Better D. Bad

E. Neither good nor bad

9. How retailers feel about profit margin being provided by the organization?

A. Very Good B. Good C. Better D. Bad

E. Neither good nor bad

10. Are you satisfied with the current margins and services of Sudha brand?

A. Yes B. No

11. Would you expect something more from Sudha (in quality, variety and services)?

___________________________________________________________________

_______

12. Any suggestion or observation to increase the volume of sale of Sudha brand?

……………………………………………………………………………………………

……………………………………………………………………………………………

Page 53: Prasenjit sudha project on market potential(final)

53