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    Scope of hyper-local as a product in Emerging market

    (Mohali live is the weekly supplement of Hindustan times exclusive for Mohali

    Project Report

    Submitted to:

    Lovely Professional university Phagwara, Jalandhar

    In partial fulfilment of the

    Requirement for the Degree

    Master of BusinessAdministration

    2010-2012

    Lovely Professional University, Jalandhar(Punjab)

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    Under the Guidance of: -

    Submitted By:

    Mr. Lokesh Jasrai

    Anuj Kumar

    MB

    A (Marketing) Reg. No. 11007572

    Rol

    l No. A27 Section-R1003

    PREFACE

    Project work is something that every Management student should carry out seriously at any

    organization irrespective of their topic they choose to do. This is a part of complete

    management study and carrying out such a project work is required by the examination and

    evaluation Department of different Universities necessary for the partial fulfilment of M.B.A.

    course.

    Carrying and completing such a project work is not an easy task. One must be careful

    before gathering the data required otherwise the very essence of the project will get lost in the

    midway and the real and correct idea will remain unexposed before the reader.

    I took my project in Marketing on Scope of hyper-local newspaper in print

    mediaHindustan Times, Mohali. I had tried to compile the clear picture regarding its scope

    which will tell about its reach.

    The project has played a significant role in my life in gaining knowledge in marketing field.

    Lovely Professional University, Jalandhar(Punjab)

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    Dedicate

    With regarded to

    My Parents

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    DECLARATION

    I Anuj Kumar do hereby declare that the project report entitled customer preferences

    towards choosing a newspaper as a medium of advertising and scope of hyper-local

    newspaper in print media being submitted to LOVELY PROFESSIONAL UNIVERSITY,

    PHAGWARA is my own piece of work and it has not been submitted to any other institute

    or published at any time before.

    Lovely Professional University, Jalandhar(Punjab)

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    (Anuj Kumar)

    ACKNOWLEDGEME

    NT

    Preservation, inspiration and motivation have always played a key role in the success of any

    venture. In the present world of competition and success, training is like a bridge between

    theoretical and practical working; willingly I prepared this particular Project. First of all I

    would like to thank the supreme power, the almighty god, who is the one who has always

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    guided me to work on the right path of my life. I would like to thankMr. Sumit Gupta (Ass.

    Manager, Marketing & Sales) for granting me permission to undertake the training in their

    esteemed organization.

    I also thanks to Mr.Baljindra, and Mr. Manish (Team Leader Mohali Live) and Mr.

    Sumit Gupta of Hindustan Times for their time-to-time guidance and support in completing

    the project. I also thank the other staff of Hindustan Times, Panchkula who devoted their

    valuable time by helping me to complete my project.

    I express my sincere thanks to Mr.Lokesh Jasrai (Faculty Guide), for the valuable

    suggestion and making this project a real successful.

    Last but not least, my sincere thanks to My Parents and Friends who directly or indirectly

    helped me to bring this project into the final shape.

    (Anuj Kumar)

    CONTENT

    Page No.

    Executive summery

    07-20

    Lovely Professional University, Jalandhar(Punjab)

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    Chapter- I : Introduction of the study

    (a) Objective of the Study

    (b) Scope of the Study

    (c) Research Methodology to be

    used

    (d) Limitations

    Chapter II : Introduction of the Organization 21-29

    (a) History of the organization(b) Group Profile of the

    Organization

    (c) Market Status of the

    Organization

    (d) Competitors of the

    Organization

    (e) Organizational Structure

    Chapter III : News paper Industry Review

    30-41

    Chapter IV : Data analysis and

    Interpretation 42-50

    Chapter V : Findings, Conclusion &

    Recommendation 51-55

    Questionnaires

    56-58

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    References

    59-60

    EXECUTIVE SUMMARY

    Paid-circulation newspapers are a popular advertising medium for most local businesses.

    They are the oldest forms of mass media, and they continue to be one of the largest, as

    measured by volume of advertising dollars. Industry giants, as well as the local convenience

    stores, use newspapers to advertise. Every community has its own newspaper. There are over

    5000 paid-circulation daily newspapers in India and several thousand additional local weekly

    papers as well. Every advertising medium has characteristics that give it natural advantages

    and limitations. As you scan your local newspaper(s), you will notice a number of businesses

    that advertise on a regular basis. Observe who they are, and how they advertise their products

    and services. More than likely, if the advertisements are repeated, the ads are working.

    Consider this media if you are selling to a general market, because newspapers are generallybought by all segments of the population. Even though the newspaper no longer enjoys its

    former role as the almost exclusive source of news, they still remain a strong factor in their

    specific sphere of influence.

    According to the recent survey every Indian loves to read a newspaper and seeing Indias

    population we can say that newspaper advertising in India is the most lucrative option. This

    means at one go you can easily showcase your company and products to the entire India. The

    biggest advantage of newspaper advertising in India is that there are various newspapers in

    various languages. This means you can easily saturate your target audience and can advertise

    according to that. By doing this you can easily reach and target your audience, moreover it is

    also the sure shot way to disseminate your message. It has been seen that majority big

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    companies prefer to propagate their message via newspaper advertising in India as it is not

    only cheap but also very successful.

    INTRODUCTION

    This project report is all about the customers preferences towards choosing a newspaper as a

    medium of advertising and the scope of hyper-local newspaper in print media at Panchkula

    region. Our main focus on these factors which have given more preferences by customer

    while selecting a hyper-local newspaper as an advertising medium. Newspaper is the biggest

    and best medium to know whats happening around you. Every morning everyone wants to

    read a newspaper so that they can kick start their day. Being the biggest and popular medium,

    it is also the best source of advertising.

    Nowadays there is a stiff competition in this field as there are various newspapers available in

    Indian market. Majority newspapers are of big brands and it means more newspaper

    advertising opportunities. Newspaper advertising in India is the best way to get maximum

    exposure. Herein by a simple advertisement you can capture maximum Indian market and

    reach large population.

    According to the recent survey every Indian loves to read a newspaper and seeing Indias

    population we can say that newspaper advertising in India is the most lucrative option. This

    means at one go you can easily showcase your company and products to the entire India. The

    biggest advantage of newspaper advertising in India is that there are various newspapers in

    various languages. This means you can easily saturate your target audience and can advertise

    according to that. By doing this you can easily reach and target your audience, moreover it is

    also the sure shot way to disseminate your message. It has been seen that majority big

    companies prefer to propagate their message via newspaper advertising in India as it is not

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    only cheap but also very successful. If you are new to this world and dont know where to

    begin with then Pitch on Net is the best place. Pitch on Net is one of the biggest providers of

    Indian English newspaper, marketing public relations and Indian advertising agency. It is the

    one stop shop for all your advertising and marketing needs. Being Indias one of the biggest

    advertising agencies, Pitch on Net surely knows the ways to cater your needs and

    requirements. Being innovative in ideas Pitch on Net provides you with the full-fledged

    information and news in how to approach newspaper advertising in India. Thus it wont be

    wrong to say if you want to outshine your competitors then taking help of Pitch on Net is the

    best way. To provide you more guidance Pitch on Net also carries an articles section, wherein

    you can find various write-ups written by expert market analysts. Browsing them will surely

    show you the way and you can take full advantage of newspaper advertising in India.

    'Media' is the medium of carrying information, education and entertainment to the masses. It

    is an easier and efficient means of communication which plays a key role in the overall

    development of an economy. In an era where knowledge and facts are the tools for economic,

    political and cultural exchange, presence of the strong and constructive media in a country is

    important for catering to the diverse needs of individuals, society as a whole, small and large

    business and production houses, various research organizations, private sectors as well as the

    public sectors. Media is a conscience-keeper of the nation and has many tasks to perform in

    our day-to-day lives. It helps the Government to achieve various socioeconomic and political

    goals; educate urban and rural masses; instill a sense of responsibility among the people; as

    well as provide justice to the needy. It largely consists of print media like newspapers,

    magazines, journals and other publications, etc. as well as electronic media like radio,

    television, internet, etc. With the changing scenario of the world, it has acquired the status of

    an industry.

    In India, the media and entertainment industry is undergoing remarkable change and is one of

    the fastest growing sectors. The main factors responsible for this are rising per capita/

    national income, high economic growth and strong macro-economic fundamentals,

    democratic set up; good governance as well as law and order position in the country.

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    Specifically, spectacular growth of the television industry, new formats for film production

    and distribution, privatization and growth of radio, gradually liberalizing attitude of

    Government towards the sector, easier access to and for international companies as well as

    advent of digital communication and its technological innovations are the other attributes of

    the growth of the sector. The media industry plays an important role in creating people's

    awareness about national policies and programmes by providing information and education,

    besides creating healthy business environment in the country. Thus, it helps people to be

    active partners in the nation-building endeavor.

    Hyper-Local

    The term hyper-local can be used as a noun in isolation or as a modifier of some other term

    (e.g. news). When used in isolation it refers to the emergent ecology of data (including

    textual content), aggregators, publication mechanism and user interactions and behaviors

    which centre on a resident of a location and the business of being a resident.

    Hyper-local content, often referred to as hyper-local news, is characterized by three majorelements. Firstly, it refers to entities and events that are located within a well defined,

    community scale area. Secondly, it is intended primarily for consumption by residents of that

    area. Thirdly, it is created by a resident of the location (but this last point is discussed because

    for example a photo can be hyper-local but not locally produced).

    This type of content should be contrasted with local news which tends to be less

    geographically constrained.

    There are other types of data which have local or hyper-local relevance, or be of interest to

    residents - e.g. a government statistic on crime rates in your neighborhood. Such data, while

    relevant to residents are of a qualitatively different type.

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    Media Structure, While there are various ways in which hyper-local content is being created

    and published, blogs have become a key part of the hyper-local ecology. Their basic roles

    evident in the space include individual blogs, blog networks, and aggregators.

    OBJECTIVES OF THE STUDY

    1. To know the customer preference for choosing a medium of advertising in Mohali region

    in aspect of advertisement in HT Mohali live.

    2. To know the consumer preference toward advertisement in HT Mohali live.

    3. To know the factor which affect the advertiser during choosing advertising medium?

    4. Find out the scope of HT Mohali live.

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    LITERATURE REVIEW

    Advertiser Perceptions: Cross Media Builds Purchase Intent BY: research firm

    Advertising Perceptions 2010:- The study found consumers expressed a stronger intent to

    buy a particular product after they had been exposed to ads for it on more than one medium.

    That finding could lend strong support to media buyers looking to justify cross-media ad

    spend, especially since "intent to buy" is considered an important way to measure a

    campaign's success.

    Anon (2008), Advertisements are lifeline of companies. It persuades customers to buy their

    product. Everyone can use advertisements but they must obey the law. There are many types

    of advertisement that can influence consumers attitude to buy a product. The researchers

    think that TV ad is the most influential type of advertisement because most people watch TV

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    and unlike other advertisements TV ad has the ability to convey your message with sight,

    sound, and motion. They more accurate to influence consumers because they can easily reach

    target audiences.

    Anon (2008), this research paper aims to review the latest management developments across

    the globe and pinpoint practical implications from cutting-edge research and case studies.

    An open and democratic society depends on the quality of its newspapers. Whether youre

    local newspaper is a big-city title like the New York Times or just a little down-home local

    like the any town Gazette, newspapers function almost as a public service. They report local

    events, interpret what is happening in the nation or the world and provide a voice for their

    readers in the letters column. The research paper provides strategic insights and practical

    thinking that have influenced some of the world's leading organizations.

    Clow, Kenneth E. et al (2006), The results of the study indicate that both source credibility

    and service quality evaluations have a definite impact on attitude towards the ad and purchase

    intentions of a service and the type of visual element used is important in the ad evaluation

    process. The findings of this research are important for creatives in designing service ads. If

    a model or spokesperson is used in the print ad, then source credibility is an important factor.

    Further, it is important to embed service quality cues in the ad to increase viewers'

    expectations of the service, thus enhancing purchase intentions media.

    Dearden, James A., Lilien, Gary L. (2001), We develop a competitive advertising model,

    where a firm's advertising spending can be divided into two parts. One part, which we callgeneric advertising, affects only total market demand. The second component of that

    spending, brand advertising, affects market share directly, but may also have an effect on

    total market demand. We investigate how the profit margins of the firms, the advertising

    elasticitys, the base market shares of the firms, and the market demand effect of brand

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    advertising interact to determine the total amount of advertising spending in the market, who

    pays and how they pay (the ratio of generic to brand advertising). We also show that, in

    general, a market where generic advertising expenditures are set cooperatively will see higher

    expenditures of generic advertising than will a purely competitive market.

    Degraffenreid, Scott (2006), Traditional media advertising has lost significant impact at an

    accelerating rate over the past 20 years and will continue to do so for the foreseeable future.

    Referrals are the primary viable alternative for reaching customers and can be used to

    reinvigorate traditional marketing. Organizations that ignore the importance of referral

    marketing will find markets increasingly expensive and difficult to access and will lose

    competitive advantage with organizations that do understand and manage the value of word-

    of-mouth marketing.

    Foster, Jinnene (2009), Print media, though recognized for all the good they can do, are also

    occasionally criticized for slanting information. Communities and individuals have a

    responsibility to choose their media sources wisely. Nonetheless, society needs print media to

    stay informed.

    Fernandes, Leela (2000), The article intervenes in the debate over the effects of

    globalization on the nation-state by exploring the ways in which meanings of the global are

    produced through the nationalist imagination in India. Globalization in India has unfolded in

    the context of the `new economic policies' of liberalization initiated in the 1990s. Both

    television and print media images increasingly contribute to the reproduction of a hegemonic

    political culture, one that has discarded the remnants of a state-dominated planned economy.

    An analysis of this process calls into question the post-national thesis of the globalization

    paradigm. First, the imagined form of the `global' is produced through cultural signs that rest

    on the deployment of nationalist narrative. Second, media representations depict India's

    relationship with the world economy through images of a hybrid relation between the

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    national and the global. Finally, globalization in India has led to a form of re-territorialisation

    which polices the boundaries of gendered social codes.

    Gabriel, Helen et al (2006), There was considerable ignorance of formal models ofadvertising effect. Agencies using them typically favoured the hierarchy-of-effects variants.

    Although more than a third of the sample eschewed models, there was little evidence of

    animosity towards advertising theory of itself. Non-adoption was significantly explained by

    constructs drawn from the academic literature of knowledge dissemination. The study

    emphasizes the pressing need to harmonies formal models of how advertising works with

    conceptual frameworks used by advertising agencies in practice (if any), for the improvement

    of campaign planning and evaluation.

    Kambitsis, Chris et al (2000), this research attempted to investigate why sport themes are

    used in advertisements, and the motives that lead companies and advertisers to use sport

    celebrities and sport concepts in advertisements. The detailed examination of the fieldwork

    took place in Sydney, prior to and during the 2000 Olympic Games. Printed media were

    observed for a period of five to six months. Many parameters were taken into consideration

    comparing three monthly magazines and two daily newspapers in order to gain knowledge

    and provide answers to the fundamental questions. In addition, two famous athletes, a sportmanager and an advertising executive were interviewed. Furthermore the outcome of the

    research showed that Olympic Games did not play a catalyst role in sport advertisement

    issues in the particular print media. It also concluded that the selection procedures that

    advertising companies followed, in order to select athletes, were not based only on their

    achievements but mostly were related to their personalities.

    Moose pile (2008), Print media is certainly entering a new phase, but the death knell hasn't

    sounded yet, and this is an old topic. The "print" side of it, i.e. putting their wares onto a

    physical medium, is changing, but it doesn't affect the core of what print media is. Don't

    forget that "print media" is words, images, etc put onto a paper medium - but the medium is

    merely the vehicle. It's the print media that is moving to the "display media", but nothing else

    is changing. The words and images that print media produces come via another medium now,

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    but it's the same. You can't call print media dead or dying because people don't want to read

    on paper anymore - the content doesn't need paper as a medium to be relevant. The content

    has another medium now in electronics, and it can carry on as strong as ever. Compare that to

    radio.

    Panwar, J.S., Agnihotri, Milan (2006), It was found that children's ability to decode and

    process advertising messages and to understand their intents is influenced not only by their

    cognitive abilities at different age strata but also by their social and personal environments.

    Social norms related to acceptability and appropriateness of gender behavior also influence

    the processing of ad messages by the children of both sexes. Other elements like likeability of

    the model, character or endorser, story line, slogan and the music will create liking or

    disliking for a particular advertisement and hence decoding of its message.

    Pelsmacker, Patrick De et al (2002), An emotional and a rational advertising message for a

    new brand of juice are tested in a positive and negative newspaper context in a sample of 100

    young consumers. The positive context leads to more positive attitudes and to better ad

    content recall. The rational advertising message results in significantly more positive

    attitudes, in a higher purchase intention, and in better ad content recall. The attitude towards

    an emotional ad and ad content recall are significantly more positive in a positive context.

    Purchase intention and content recall as a result of rational ads are higher in a negative

    context.

    Rotfeld, Herbert J. (2002), Focuses on bad advertising commercials and asserts that suchadvertising is not because of a lack of creativity, entertainment value or money for

    production. Bad advertising is often because advertising creators fail to focus on potential end

    customers, and what they need to see and hear.

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    Raymond, Mary A., Lim, Jong W. (2002), This paper provides a case study comparing the

    international advertising strategy that Hyundai Motor Company, Korea, utilized when they

    introduced the Hyundai Santa Fe in Korea and in the United States. Based on Hyundai's

    understanding of factors affecting standardization and adaptation decisions and possible

    negative country-of-origin effects, the case illustrates how Hyundai created a positive brand

    image with a local adaptation advertising strategy. A framework illustrating factors affecting

    the local adaptation decision, the advertising decisions that Hyundai made, and the

    effectiveness of those decisions is presented. Given the success of Hyundai's local adaptation

    advertising strategy and the Santa Fe, Hyundai announced plans to build a production facility

    in the United States.

    Smart, Graham and Smart, Alison, (2010), The internet has led to falling advertising

    revenues and dwindling circulations. The companies reacted to this by developing online

    news services, which do not have the distribution costs of a physical product, enable the

    customization of editorial and advertising content, and facilitate the co-creation of news

    content with consumers. Moving online has, however, not fully compensated for the losses in

    revenues. Readers were reluctant to pay for online content, the income from of the sale of

    web-based advertising space was significantly lower than for the printed form, and journalists

    resisted co-creation. Regional newspapers face problems developing an effective online news

    service to enable them to remain relevant in the communities they serve. The findings suggest

    that, although newspapers have adopted multimedia, and now have some user generated

    content, there is a reluctance to consider greater usage of additional forms of news production

    and e-tools.

    Sterling, John, (2002), A respected Wisconsin metro newspaper, confronting significant

    market change and eroding profit opportunities, gathered a broad cross-section of its

    management team together a little more than a year ago to take a fresh look at its business

    strategy. The resulting strategic plan strikes a balance between focusing on key operational

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    targets and creating distinctive editorial products that ensures the paper remains the

    indispensable source of news and information in its markets. This case study examines how

    The Milwaukee Journal Sentinel used strategic planning to craft a strategy that keeps profits

    flowing despite in an increasingly competitive market environment. This case demonstrates

    that even when a company is pushed to improve operational performance it still cannot ignore

    the need to create a distinctive strategic position in its market. And, even when a company

    enjoys a leading market position, it cannot afford to relax its commitment to operational

    excellence.

    RESEARCH METHODOLOGY

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    The objective of the present study can be accomplished by conducting a systematic market

    survey. Market Research is a systematic design, collection, analysis and reporting of data and

    finding that are relevant to different market situation facing by the company. The marketing

    research processes that will be adopted in the present study consist of the following stages:

    Defining the problem and research objective:

    The research objective state that what information is needed to solve the problem. Here the

    objective of the research is customer preference towards choosing a newspaper as a medium

    of advertising and scope of hyper-local newspaper in print media.

    Developing research plan:

    Once the problem is defined, the next step is to prepare a plan for getting the information

    needed for the research. The present study will adopt descriptive and casual approaches,

    where in there is a need to gather a large amount of information before making a conclusion

    if required.

    Universe:-

    We are conducting a research entitled customer preferences towards choosing a newspaper as

    a medium of advertising and scope of hyper-local newspaper in print media. There are 1500

    clients in panchkula region for advertisement and it is too huge, so for research purpose the

    population will be all retailers, education institutes, service providers etc.

    Target population: - our target population is 100 customers, who like to advertise their

    business.

    Research Approaches:-

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    It is a kind of descriptive research because the data will be collected from different retailers

    and advertisers. Defining the results, it is necessary to know about customers opinion,

    beliefs, preferences and satisfaction. Primary data can be collected through observation,

    questionnaire but I approached survey research, which is, most conventional method for

    getting more reliable information.

    Sampling size: - 100

    For this research study I have set 100 respondents as sampling size because of time and cost

    constraint.

    Research Instruments:-

    I framed a questionnaire in which having open end an close and both type questions.

    Preparing this questionnaire, I kept in my mind to objectives because object related questions

    are always most helpful to finding the research purpose.

    Hypothesis Formulation

    Null (H0) There is huge scope of hyper local in immerging market.

    Alternative (H1) There is no scope of hyper local in immerging market

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    LIMITATIONS OF STUDY

    As only Mohali city dealt in survey so it does not represent the view of the total

    Indian market.

    Size of the research may not be substantial.

    There was lack of time on the part of respondents.

    The survey was carried through questionnaire and the questions were based on

    perception.

    There may be biasness in information by market participant.

    Complete data was not available due to company privacy and secrecy.

    Customer dissatisfied with the services.

    People assume that HT Mohali Live is a local newspaper and they do not suppose

    HT Mohali Live is a part of Hindustan Times Private, so they do not advertise with

    Mohali live.

    Advertising means wastage of money for many people in Mohali.

    Lacks of motivation as false commitments were made to customer by the company.

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    Chapter II

    Introduction of the Company

    (a) History of the organization

    (b) Group Profile of the Organization

    (c) Mission and Vision

    (d) Competitors of the Organization

    (e) Highlights of the company

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    (f) Product of the Company

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    INTRODUCTION TO COMPANY

    HT Media found its beginning in 1924 when its flagship newspaper, Hindustan Times was

    inaugurated by Mahatma Gandhi. HT Media (BSE, NSE) has today grown to become one of

    India's largest media companies.

    Produced by an editorial team known for its quality, innovation and integrity, Hindustan

    Times (English newspaper) and Hindustan (Hindi newspaper through a subsidiary Hindustan

    Media Ventures Limited), have a combined daily readership base of 12.7 million (based on

    round 2 of Indian Readership Survey 2009) to their credit. Both dailies enjoy strong brand

    recognition among readers as well as advertisers.

    To cater to the large readership base, HT Media operates 19 printing facilities across India

    with an installed capacity of 1.5 million copies per hour.

    In addition to Hindustan Times, HT Media also publishes a national business newspaper,

    Mint. Mint is a one-of-its-kind newspaper in the sense that the company has an exclusive

    agreement with the Wall Street Journal to publish Journal-branded news and information in

    India. Mint is today the second-largest business newspaper in India with presence in the key

    markets of Delhi, Mumbai, Bangalore, Chandigarh, Pune and now Kolkata too.

    HT Media has also made its foray into electronic media. Diversifying its ambit of operations,

    the company in a consulting partnership with Virgin Radio, has launched the FM radio

    channel - Fever 104. Currently available in Delhi, Mumbai, Bangalore and Kolkata, Fever

    104 has established a strong presence as being one of the most vibrant channels on air. In a

    short span, the channel's rise has been meteoric considering its position in Mumbai and

    Bangalore at No. 1 and in Delhi as the No. 2 station on the popularity charts.

    Internet businesses of HT Media incorporated under Firefly e-ventures; operate leading web

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    portals Hindustantimes.com and livemint.com in the general and business news categories

    respectively. The company's year old job portal Shine.com which has received high

    appreciation from consumers and industry for its innovative design and usability crossed 2.2

    million registrations. Desimartini.com - a social networking site was also launched recently.

    HT Media reported FY 2010 total annual revenue grew by 5% to reach Rs. 1,454 crore. The

    circulation revenue posted a robust growth of 19% on account of improved cover price

    realization and increased circulation. The advertisement revenue recorded a modest growth of

    1%. Reflecting an increased acceptance amongst advertisers, the advertising volumes

    increased by 17%. Radio vertical outscored others by posting a healthy revenue growth of

    52%, taking its revenue to Rs. 43 crore. Riding on the improved ad volumes and realizations,the Radio business turned EBITDA positive in the fourth quarter of FY 10.

    HT Circulation- Based on the readership survey of 14.49 million readers, HT has a

    combined circulation of 2.25 million copies everyday including Hindustan Times (English)

    and Hindustan (Hindi). Due to huge circulation, HT enjoys strong brand recognition among

    readers and advertisers as well.

    HT Group in Electronic Media HT Media Ltd has ventured into electronic media through

    its subsidiary HT Music and Entertainment Company Ltd.. The company has entered into the

    FM radio market in major Indian cities through a consulting partnership with Virgin Radio.

    The radio channel, Fever 104 is currently available in the cities of Delhi and Mumbai.

    HT Events HT Media group annually organizes a Luxury Conference and also a Leadership

    Summit in Delhi. The Luxury conference had been attended by featured speakers like

    designer Diane Von Furstenberg, shoemaker Christian Louboutin, Gucci CEO Robert Polet

    and Cartier MD Patrick Normand. While in Leadership Summit, prominent leaders of the

    country and foreign countries participate.

    Values

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    HT Media A rich heritage to live up to! Organizational values are the foundation stones on

    which the organizations image is built. These help the company realize its organizational

    goals and in turn transform lives. These values are intended to infuse an infectious energy,

    professionalism and a sense of true empowerment to the workplace.

    The solid edifice on which HT Media stands tall today was built on high ideals and values.

    The company has its roots in the independence movement in the first half of the twentieth

    century, a cause to empower the nation. We are adaptive to the changing times, while

    remaining steadfast to the values rooted in our culture.

    Our values drive us towards our goals of expansion, diversification and excellence. Thesevalues define our philosophy of operations, guide our important decisions and determine our

    commitment and achievement.

    Courage: - To encourage the ability that meets opposition with skill, competence and

    fortitude.

    Responsibility

    Be accountable for results in line with the companys objectives, strategies and values.

    Empowerment

    Support our people and give them the freedom to perform and to provide our readers with

    information to influence their environment.

    Continuous Self Renewal

    Determination to constantly re-examine and re-invent ourselves for further innovation and

    creativity.

    People Centric

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    People are our greatest asset. We invest in them expect a lot and know that the rest will

    follow.

    Vision

    HT Media strives to be a visionary organization and not an organization with a vision. In our

    Endeavour to have a shared understanding, alignment and commitment, we have derived our

    companys vision that sets the course and empowers people to take action.

    Competitors in Chandigarh

    o Dainik Bhaskar It is the first Hindi newspaper launched in this region.

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    o Amar Ujala a good and established brand established from 8 years

    o Punjab Kesri a very old player in this region.

    o The Tribune local newspaper for this region.

    o The Times of India which has a nationwide recognition.

    o Indian Express

    o Tricity a local newspaper particular for advertisement.

    o Shapers next local detriment magazine

    o Admag local detriment magazine

    o Aajsamaj

    Highlights of company

    September 26, 1924

    This date marked the august beginnings of Hindustan Times with Mahatma Gandhi, the

    Father of the Nation inaugurating the newspaper.

    1927

    Hindustan Times was reborn as Hindustan Times Ltd., a limited liability company.

    1936

    The Hindi daily Hindustan was launched, which remains the dominant newspaper in the core

    Hindi belt of northern India.

    1937

    Devdas Gandhi was appointed the Managing Editor of the newspaper and remained the

    managing editor till his death in 1957.

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    1942

    The Hindustan Times was one of the few newspapers that stopped publishing the newspaper

    for four and a half months as it refused to accept the British imposition of censorship on all

    newspapers.

    1947

    The year India gained its freedom was also the year Hindustan Times attained the status of

    being the dominant newspaper in Delhi.

    1957

    The newspaper circulation grew from 58,693 copies to 144,287 in 1970 after KK Birla took

    over the mantle from GD Birla.

    1960

    The Hindi literary magazine Kadambini was launched.

    1964

    The group started actively targeting the youth of India and launched the Nandan magazine.

    1991

    At the start of liberalization of India, Hindustan Times moved to becoming an autonomous

    power center in a mature democracy.

    1999

    The Hindustan Times celebrated its platinum anniversary.

    2000

    With a focus on localization, five new editions for Calcutta, Bhopal, Ranchi, Chandigarh and

    Jaipur were launched.

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    2003

    The media business of was de-merged and incorporated under HT Media Ltd.

    2004

    HT Media Ltd was listed as a public company and attracted external funding.

    2005

    Hindustan Times successfully entered the Mumbai market with a refreshingly new product

    and content mix.

    2006

    Fever 104 FM is launched, in technical collaboration with the Virgin Group. Hindustan was

    re-launched re-establishing the company's prominent presence in the regional news space.

    2007

    Mint, the business paper in partnership with the Wall Street Journal was launched in Delhi

    and Mumbai. In the internet space, Hindustantimes.com was relaunched

    and Livemint.com was introduced.

    2008

    Firefly e-Ventures, an HT Media Company launched its first portal for job

    seekers, Shine.com; and a social networking website Desimartini.com. HT Media also

    entered the Mobile space with 54242 in partnership with velti.com

    PRODUCT OF THE COMPANY

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    ENGLISH PRINT

    Hindustan Times- Hindustan Times is one of Indias most respected andleading English dailies. The flagship newspaper of HT Media, the Hindustan

    Times was inaugurated by Mahatma Gandhi in the year 1924. Hindustan Times has

    been pioneering trends in journalism, setting standards and breaking new ground for

    the last 80 years. Spurred by the leading faces of Indian journalism, Hindustan Times

    has evolved with the times, reflecting the changing India and is today the newspaper

    of choice of over 3.3 million Indians.

    MINT- A business daily from HT Media in collaboration with Wall Street Journal.

    HT NEXT- A youth oriented complete newspaper for the generation next.

    METRO NEWS- A easy-to-carry, easy-to-read newspaper targeted at young delhi-

    ites.

    HINDI PRINT

    HINDUSTAN- A Hindi daily newspaper for all type of Indian reader.

    NANDAN- A Hindi magazine for kids.

    KADAMBINI-

    INTERNET

    www.hindustantimes.com

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    http://www.hindustantimes.com/http://www.hindustantimes.com/
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    www.livemint.com

    www.shine.com

    www.desimartini.com

    RADIO

    Fever 104 FM.

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    http://www.livemint.com/http://www.shine.com/http://www.desimartini.com/http://www.livemint.com/http://www.shine.com/http://www.desimartini.com/
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    Chapter III

    News paper Industry Review

    Indian News paper industry:-

    The newspaper is defined as Any printed periodical work, containing public news or

    comments on public events Press and Registration Book Act 1987. Media in India,

    experience newspaper media, are undergoing significant changes in the current liberalized

    environment. Newspaper a publication that appears regularly and frequently carries news

    about a wide variety of current events. The newspaper publishes have a news operations.

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    The press is the Guardian Angel of Democracy. A forceful and over all control by its

    business and prosperous press is the guarantor of popular rights. The press flight by itself

    alone, but not for itself by alone. To most people The press means the daily newspaper, but

    although re-eminent in influence and importance, daily newspapers are only a small part of

    the press the farm newspaper is usually applied to the publications devoted mainly for

    recording current events and the term periodicals to magazines, reviews to journals. In

    reality the press is a private industry and a public service. No other force in public life

    operates so persistently and so extensively in its range of appeal. The scope of this subject of

    appeal and matter as so does the press. Newspapers have a unique dimension of social

    responsibility, which means the newspaper industry different from every other industry. But

    business success is as vital to this industry as to any other.

    According to the recorded facts the first newspaper of the world was published in China

    around 1000 years ago. It meant News of the Capital. The second newspaper of the world

    was the Acto Divra which meant, Daily happening in Greek. There are the oldest two

    newspapers in the pre-recorded history. The first newspaper of the world was the Morning

    Post which was started in London in the year 1772 followed by this another newspaper The

    London Times started in publications. The Origin of the Indian Newspaper The first

    newspaper in Indian appeared on 29th January 1780, which James Augustris Hicky started

    the Bengal Gazette or Calcutta General Advertises This was a weekly political and

    commercial paper open to all parties but influenced by none. Journalism started in India as a

    mission to expose the malpractices of East India Company Rule and Administration for his

    criticisms Hicky was fined a large amount and later on imprisoned. Simultaneously a number

    of Journals emerged under the sponsorship of company officials for defending themselves

    against the criticism made by Hicky and his followers. The second one came up in November

    1780.

    The third one up in February 1784. The Calcutta Gazette this was followed by Bengat

    Chronicle in 1785 from them onwards the news and newspaper have flooded throughout

    India, Indian press the present Scenario. The Indian press consists of more than 20000

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    newspaper magazines and periodicals published in 20 different languages with a combined

    circulation of more than 55 million. The number of the major newspaper, magazines with

    membership in Indian Newspaper Society (INS) is given 53.4%. It has a combined

    circulation of 34 million out of these there and 150 English with circulation of 7 millions and

    there are 38 in Indian languages with a circulation of 27 million. News Agencies There are 4

    main news agencies in India.

    1. Press Trust of India (PTI)

    2. United News of India (UNI)

    3. Sam char Bharathi (SB)

    4. Hindustan Sam char (HS)

    While the Press Trust of India is supplying news in English, the other two are operating

    through the medium of Hindi and other Indian languages. Since May 1982, the United News

    of India has also launched a new service in Hindi and the credit line of UNIVARTA.

    Similarly Press Trust of India has started in 1986 a Hindi language news service called Press

    Trust of India BHASHA. Role of Newspapers to the Consumers The power of the press is

    felt on our activities. It controls the rise and face of ceings, cabinets and presidents. Once an

    editor said I care not who governs the country so long as I can govern the press. The press

    has rightly been called the Fourth Estate. Such an influential organ has to shoulder great

    responsibilities the power, unless used with great care will cause server damage. The first and

    foremost duty of the press is to furnish uncolored news, but at the same time, it should

    furnish news on all fields such as science, economic, politics etc. The news should not

    suppressed undue emphasis be laid. Some sensational newspaper now a days print

    unimportant and trivial news in the front pages, while worldwide important news are not

    given place in the first page. Another great responsibility of the press is to represent public

    opinion without fear or favors. As the press is called the eyes and ear of the world, it has to

    keep an eye on what happens and reflects views of the people on those happenings. The press

    is a medium not only to give news to the public but also to express the public opinion. The

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    letters of the consumers published under Letters to the Editors Yours Views etc. Initiate

    debates on controversial issues. It will help definitely to bring out the best of it. Thus the

    press is not only a mirror of what the people thinks, but it is also a school of Instruction, a

    source of guidance to the common people. CONSUMERS VALUE Consumers delivered

    value is the difference between total consumers value and total consumers cost. Total

    consumers value is the bundle of benefits consumers expect to incur in evaluating, obtaining,

    using and disposing of the product or service. CONSUMERS STATISFACTION

    Satisfaction is a persons feelings of Pleasure of disappointment resulting from comparing

    products perceived performance (or outcome) in relation to his or her expectations. At this

    definition makes clear, satisfaction is a function of perceived performance and expectations.

    If the performance falls short of expectations, the consumers are dissatisfied. If the

    performance matches the expectations, the consumers are satisfied. If the performance

    exceeds expectations, the consumers are highly satisfied or delighted. Many companies are

    aiming for high satisfaction because consumers who are just satisfied still find it easy to

    switch when a better offer comes along. Those who are highly satisfied are much less to

    switch. High satisfaction or delight creates an emotional bond with the brand, not just, a

    rational preference. The result is high consumers loyalty. From past buying experience,

    friends and associates advice, and marketers and competitors information and promises.

    The key to generating high consumers loyalty is to deliver high consumers value According

    to Michael Lanning, in hi delivering profitable value; a company must develop a

    competitively superior value proposition and a superior value delivery system. A companys

    value proposition is much more than its positioning on a single attribute; it is a statement

    about the resulting experience consumers will have from the offering and their relationship

    with the supplier. The brand must represent a promise about the total resulting experience

    that consumers can expect. Whether the promise is kept depends upon the companys ability

    to manage its value - delivery system includes all the communications and channel

    experiences the consumers will have on the way to obtaining the offering.

    While the Press Trust of India is supplying news in English, the other two are operating

    through the medium of Hindi and other Indian languages. Since May 1982, the United News

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    of India has also launched a new service in Hindi and the credit line of UNIVARTA.

    Similarly Press Trust of India has started in 1986 a Hindi language news service called Press

    Trust of India BHASHA. Role of Newspapers to the Consumers.

    The power of the press is felt on our activities. It controls the rise and face of ceings,

    Cabinets and presidents. Once an editor said I care not who governs the country so

    Long as I can govern the press . The press has rightly been called the Fourth Estate. Such

    an influential organ has to shoulder great responsibilities the power, unless used with great

    care will cause server damage. The first and foremost duty of the press is to furnish uncolored

    news, but at the same time, it should furnish news on all fields such as science, economic,

    politics etc. The news should not suppressed undue emphasis be laid. Some sensational

    newspaper now a days print unimportant and trivial news in the front pages, while

    worldwide important news are not given place in the first page. Another great responsibility

    of the press is to represent public opinion without fear or favors. As the press is called the

    eyes and ear of the world, it has to keep an eye on what happens and reflects views of the

    people on those happenings. The press is a medium not only to give news to the public but

    also to express the public opinion. The letters of the consumers published under Letters to

    the Editors Yours Views etc. Initiate debates on controversial issues. It will help definitely

    to bring out the best of it. Thus the press is not only a mirror of what the people thinks, but it

    is also a school Instruction, a source of guidance to the common people. CONSUMERS

    VALUE Consumers delivered value is the difference between total consumers value and

    total consumers cost. Total consumers value is the bundle of benefits consumers expect to

    incur in evaluating, obtaining, using and disposing of the product or service. CONSUMERS

    STATISFACTION Satisfaction is a persons feelings of Pleasure of disappointment

    resulting from comparing products perceived performance (or outcome) in relation to his or

    her expectations. At this definition makes clear, satisfaction is a function of perceived

    performance and expectations. If the performance falls short of expectations, the consumers

    are dissatisfied. If the performance matches the expectations, the consumers are satisfied. If

    the performance exceeds expectations, the consumers are highly satisfied or delighted. Many

    companies are aiming for high

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    Satisfaction because consumers who are just satisfied still find it easy to switch when a better

    offer comes along. Those who are highly satisfied are much less to switch. High satisfaction

    or delight creates an emotional bond with the brand, not just, a rational preference. The result

    is high consumers loyalty. From past buying experience, friends and associates advice, and

    marketers and competitors information and promises. The key to generating high

    consumers loyalty is to deliver high consumers value According to Michael Lanning, in hi

    delivering profitable value; a company must develop a competitively superior value

    proposition and a superior value delivery system. A companys value proposition is much

    more than its positioning on a single attribute; it is a statement about the resulting experience

    consumers will have from the offering and their relationship with the supplier. The brand

    must represent a promise about the total resulting experience that consumers can expect.

    Whether the promise is kept depends upon the companys ability to manage its value -

    delivery system includes all the communications and channel experiences the consumers will

    have on the way to obtaining the offering.

    The Indian Newspaper industry can be primarily segmented across two categories viz English

    Newspapers and Regional / Vernacular Newspapers. The English medium dominates theindustry in terms of advertisement revenues, though vernacular newspapers outperform the

    English newspapers in circulation.

    English newspaper industry in India has been fragmented with the players having a regional

    focus such as the Deccan Chronicle in Hyderabad, Hindustan Times in Delhi, Times of India

    in Mumbai, Hindu in Chennai, Telegraph and Statesman in Kolkata, Deccan Herald in

    Bangalore, Gujarat Samachar in Ahmadabad. However, the industry is witnessing a trend

    whereby players are looking beyond their home territories viz. Times of Indias and Business

    Standards entry into certain newer territories and Deccan Chronicle and Hindustan Times

    also doing the same.

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    The competitive landscape has now drastically changed with major publishers trying to

    expand to other geographic regions, initiating price wars and marketing campaigns to win

    readers. The competitive intensity, which was quite mild until few years ago, also reached

    a higher level with the launch of DNA and Hindustan Times in the Mumbai market.

    A booming economy and the opportunity to raise funds from a well-developed financial

    market have also contributed to the growth of the newspaper industry in India. Indian

    newspaper industry had a turnover of Rs 13,500 crore in 2006. It is expected to touch Rs

    15,500 crore. The size of media industry in India as a portion of the GDP is estimated at

    0.7%, which is lower than most of the developed and developing nations. Thus it offers a

    scope of high growth in this industry moving forward. Advertising expenditure to GDP

    reveals that advertisement expenditure to GDP ratio in India is 0.4%. With rising income and

    education level in India, readership is expected to rise and with favorable demographics,

    advertising revenues will increase as advertisers start spending more to attract higher quality

    audience with more purchasing power.

    Newspaper publication is usually issued on a daily or weekly basis, the main function of

    which is to report news. Many newspapers also furnish special information to readers, such as

    weather reports, television schedules, and listings of stock prices. They provide commentary

    on politics, economics, and arts and culture, and sometimes include entertainment features,

    such as comics and crossword puzzles. In nearly all cases and in varying degrees, newspapers

    depend on commercial advertising for their income.

    Present scenario is that by the time, they see a newspaper, most people have already learned

    about breaking news stories on television or radio. Readers rely on newspapers to provide

    detailed background information and analysis, which television and radio newscasts rarely

    offer. Newspapers not only inform readers that an event happened but also help readers

    understand what led up to the event and how it will affect the world around them. Page

    designers assemble articles, photos, illustrations, advertisements, and eye-catching headlines

    into page layouts, and then rush their work to the printer. Newspapers as known today are

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    complete with advertising and a mixture of political, economic, and social news and

    commentary

    Competitors of the organization

    Newspaper Language City,

    State

    Daily

    Circulation(in

    Millions

    Owner

    1 The Times of India English Various

    cities and

    states

    3.146 Owned by

    Bennett,

    Coleman and

    Co. Ltd.

    2 Dainik Bhaskar

    Hindi Various

    cities and

    states

    2.547 DB Crop Ltd.

    3 Dainik Jagran

    Hindi Various

    cities and

    states

    2.168 Jagaran

    Prakashan

    Ltd.4 Malayala Manorama

    Malayalam Various

    cities in

    Kerala and a

    few other

    cities

    1.514 Owned by

    Malayala

    Manorama

    Group

    5 The Hindu English Various

    cities and

    states

    1.360 Founded in

    1878, owned

    by Kasturi &

    Sons Ltd.,

    exposed the

    Bofors

    scandal

    6 Eenadu Telugu Various 1.350 Founded in

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    http://en.wikipedia.org/wiki/The_Times_of_Indiahttp://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/Bennett_and_Colemanhttp://en.wikipedia.org/wiki/Bennett_and_Colemanhttp://en.wikipedia.org/wiki/Bennett_and_Colemanhttp://en.wikipedia.org/wiki/Dainik_Bhaskarhttp://en.wikipedia.org/wiki/Dainik_Bhaskarhttp://en.wikipedia.org/wiki/Hindihttp://en.wikipedia.org/w/index.php?title=DB_Crop_Ltd.&action=edit&redlink=1http://en.wikipedia.org/wiki/Dainik_Jagranhttp://en.wikipedia.org/wiki/Hindihttp://en.wikipedia.org/wiki/Malayala_Manoramahttp://en.wikipedia.org/wiki/Malayalam_languagehttp://en.wikipedia.org/wiki/Keralahttp://en.wikipedia.org/wiki/The_Hinduhttp://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/Bofors_scandalhttp://en.wikipedia.org/wiki/Bofors_scandalhttp://en.wikipedia.org/wiki/Eenaduhttp://en.wikipedia.org/wiki/Eenaduhttp://en.wikipedia.org/wiki/Telugu_languagehttp://en.wikipedia.org/wiki/The_Times_of_Indiahttp://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/Bennett_and_Colemanhttp://en.wikipedia.org/wiki/Bennett_and_Colemanhttp://en.wikipedia.org/wiki/Bennett_and_Colemanhttp://en.wikipedia.org/wiki/Dainik_Bhaskarhttp://en.wikipedia.org/wiki/Hindihttp://en.wikipedia.org/w/index.php?title=DB_Crop_Ltd.&action=edit&redlink=1http://en.wikipedia.org/wiki/Dainik_Jagranhttp://en.wikipedia.org/wiki/Hindihttp://en.wikipedia.org/wiki/Malayala_Manoramahttp://en.wikipedia.org/wiki/Malayalam_languagehttp://en.wikipedia.org/wiki/Keralahttp://en.wikipedia.org/wiki/The_Hinduhttp://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/Bofors_scandalhttp://en.wikipedia.org/wiki/Bofors_scandalhttp://en.wikipedia.org/wiki/Eenaduhttp://en.wikipedia.org/wiki/Telugu_language
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    cities inAndhra

    Pradeshand

    few other

    cities

    1974, owned

    by Ramoji

    Group.,

    7 Deccan Chronicle English Various

    cities and

    states

    1.349 OwnsDeccan

    Chargers

    franchise of

    the Indian

    Premier

    League

    8 Ananda Bazar Patrika

    Bengali Kolkata,

    West Bengal1.277 Owned by

    Ananda

    Publishers

    9 Amar Ujala

    Hindi Various

    cities and

    states

    1.230 Mainly

    prominent in

    the Hindi

    heartland

    10 Hindustan Times English Various

    cities and

    states

    1.143 Owned by HT

    Media Ltd

    11 Hindustan

    Hindi Various

    cities and

    states

    1.142 Hindi

    extension of

    theHindustan

    Times12 Sakshi

    Telugu Various

    cities in

    Andhra

    Pradeshandmajor cities

    in India

    1.256 Established in

    2008, owned

    by Y.S. Jagan

    MohanReddy, Also

    runs the

    Sakshi news

    channel

    13 Mathrubhumi Malayalam Various 1.077 Owned by

    Lovely Professional University, Jalandhar(Punjab)

    (Under 2(f) UGC Act 1956, AIU and DECrecognized) Page 42

    http://en.wikipedia.org/wiki/Andhra_Pradeshhttp://en.wikipedia.org/wiki/Andhra_Pradeshhttp://en.wikipedia.org/wiki/Andhra_Pradeshhttp://en.wikipedia.org/wiki/Deccan_Chroniclehttp://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/Deccan_Chargershttp://en.wikipedia.org/wiki/Deccan_Chargershttp://en.wikipedia.org/wiki/Deccan_Chargershttp://en.wikipedia.org/wiki/Indian_Premier_Leaguehttp://en.wikipedia.org/wiki/Indian_Premier_Leaguehttp://en.wikipedia.org/wiki/Indian_Premier_Leaguehttp://en.wikipedia.org/wiki/Ananda_Bazar_Patrikahttp://en.wikipedia.org/wiki/Bengali_languagehttp://en.wikipedia.org/wiki/Kolkatahttp://en.wikipedia.org/wiki/Kolkatahttp://en.wikipedia.org/wiki/West_Bengalhttp://en.wikipedia.org/wiki/Ananda_Publishershttp://en.wikipedia.org/wiki/Ananda_Publishershttp://en.wikipedia.org/wiki/Amar_Ujalahttp://en.wikipedia.org/wiki/Hindihttp://en.wikipedia.org/wiki/Hindi_heartlandhttp://en.wikipedia.org/wiki/Hindi_heartlandhttp://en.wikipedia.org/wiki/Hindustan_Timeshttp://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/HT_Media_Ltdhttp://en.wikipedia.org/wiki/HT_Media_Ltdhttp://en.wikipedia.org/w/index.php?title=Hindustan_(newspaper)&action=edit&redlink=1http://en.wikipedia.org/wiki/Hindihttp://en.wikipedia.org/wiki/Hindustan_Timeshttp://en.wikipedia.org/wiki/Hindustan_Timeshttp://en.wikipedia.org/wiki/Sakshihttp://en.wikipedia.org/wiki/Telugu_languagehttp://en.wikipedia.org/wiki/Andhra_Pradeshhttp://en.wikipedia.org/wiki/Andhra_Pradeshhttp://en.wikipedia.org/wiki/Andhra_Pradeshhttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Mathrubhumihttp://en.wikipedia.org/wiki/Mathrubhumihttp://en.wikipedia.org/wiki/Malayalam_languagehttp://en.wikipedia.org/wiki/Andhra_Pradeshhttp://en.wikipedia.org/wiki/Andhra_Pradeshhttp://en.wikipedia.org/wiki/Deccan_Chroniclehttp://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/Deccan_Chargershttp://en.wikipedia.org/wiki/Deccan_Chargershttp://en.wikipedia.org/wiki/Indian_Premier_Leaguehttp://en.wikipedia.org/wiki/Indian_Premier_Leaguehttp://en.wikipedia.org/wiki/Indian_Premier_Leaguehttp://en.wikipedia.org/wiki/Ananda_Bazar_Patrikahttp://en.wikipedia.org/wiki/Bengali_languagehttp://en.wikipedia.org/wiki/Kolkatahttp://en.wikipedia.org/wiki/West_Bengalhttp://en.wikipedia.org/wiki/Ananda_Publishershttp://en.wikipedia.org/wiki/Ananda_Publishershttp://en.wikipedia.org/wiki/Amar_Ujalahttp://en.wikipedia.org/wiki/Hindihttp://en.wikipedia.org/wiki/Hindi_heartlandhttp://en.wikipedia.org/wiki/Hindi_heartlandhttp://en.wikipedia.org/wiki/Hindustan_Timeshttp://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/HT_Media_Ltdhttp://en.wikipedia.org/wiki/HT_Media_Ltdhttp://en.wikipedia.org/w/index.php?title=Hindustan_(newspaper)&action=edit&redlink=1http://en.wikipedia.org/wiki/Hindihttp://en.wikipedia.org/wiki/Hindustan_Timeshttp://en.wikipedia.org/wiki/Hindustan_Timeshttp://en.wikipedia.org/wiki/Sakshihttp://en.wikipedia.org/wiki/Telugu_languagehttp://en.wikipedia.org/wiki/Andhra_Pradeshhttp://en.wikipedia.org/wiki/Andhra_Pradeshhttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Mathrubhumihttp://en.wikipedia.org/wiki/Malayalam_language
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    cities in

    Kerala and a

    few other

    cities

    The

    Mathrubhumi

    Group

    14 Gujarat Samachar

    Gujarati Ahmadabad,

    Gujarat

    1.051 Owned by

    Lok

    Prakashan

    Ltd.

    15 Punjab Kesari

    Hindi States of

    Punjab,

    Haryana

    .902 Founder Jagat

    Narain was

    assassinated

    by Sikhmilitants on

    September 9,

    1981

    16 Dinakaran

    Tamil Various

    cities in

    Tamil Nadu

    and a few

    other cities

    .901 Bought out by

    SUN TV

    group in 2005

    17 Sakaal

    Marathi Various

    cities in

    Maharashtra

    .879 Launched

    English

    version

    Sakaal Times

    in 2008

    18 Dina Thanthi

    Tamil Various

    cities in

    Tamil Nadu

    and a few

    other cities

    .854 Founded by

    S. P.

    Adithanar

    19 Divya Bhaskar

    Gujarati Ahmadabad,

    Gujarat

    .840 Gujarati

    version of the

    Dainik

    Bhaskar

    Lovely Professional University, Jalandhar(Punjab)

    (Under 2(f) UGC Act 1956, AIU and DECrecognized) Page 43

    http://en.wikipedia.org/wiki/Keralahttp://en.wikipedia.org/wiki/Gujarat_Samacharhttp://en.wikipedia.org/wiki/Gujarati_languagehttp://en.wikipedia.org/wiki/Ahmedabadhttp://en.wikipedia.org/wiki/Ahmedabadhttp://en.wikipedia.org/wiki/Gujarathttp://en.wikipedia.org/wiki/Punjab_Kesarihttp://en.wikipedia.org/wiki/Hindihttp://en.wikipedia.org/wiki/Punjab,_Indiahttp://en.wikipedia.org/wiki/Harayanahttp://en.wikipedia.org/wiki/Jagat_Narainhttp://en.wikipedia.org/wiki/Jagat_Narainhttp://en.wikipedia.org/wiki/Jagat_Narainhttp://en.wikipedia.org/wiki/Dinakaranhttp://en.wikipedia.org/wiki/Dinakaranhttp://en.wikipedia.org/wiki/Tamil_languagehttp://en.wikipedia.org/wiki/Tamil_Naduhttp://en.wikipedia.org/wiki/Sun_TV_Networkhttp://en.wikipedia.org/wiki/Sakaalhttp://en.wikipedia.org/wiki/Marathi_languagehttp://en.wikipedia.org/wiki/Maharashtrahttp://en.wikipedia.org/wiki/Dina_Thanthihttp://en.wikipedia.org/wiki/Tamil_languagehttp://en.wikipedia.org/wiki/Tamil_Naduhttp://en.wikipedia.org/wiki/S._P._Adithanarhttp://en.wikipedia.org/wiki/S._P._Adithanarhttp://en.wikipedia.org/wiki/Divya_Bhaskarhttp://en.wikipedia.org/wiki/Gujarati_languagehttp://en.wikipedia.org/wiki/Gujarati_languagehttp://en.wikipedia.org/wiki/Keralahttp://en.wikipedia.org/wiki/Gujarat_Samacharhttp://en.wikipedia.org/wiki/Gujarati_languagehttp://en.wikipedia.org/wiki/Ahmedabadhttp://en.wikipedia.org/wiki/Gujarathttp://en.wikipedia.org/wiki/Punjab_Kesarihttp://en.wikipedia.org/wiki/Hindihttp://en.wikipedia.org/wiki/Punjab,_Indiahttp://en.wikipedia.org/wiki/Harayanahttp://en.wikipedia.org/wiki/Jagat_Narainhttp://en.wikipedia.org/wiki/Jagat_Narainhttp://en.wikipedia.org/wiki/Dinakaranhttp://en.wikipedia.org/wiki/Tamil_languagehttp://en.wikipedia.org/wiki/Tamil_Naduhttp://en.wikipedia.org/wiki/Sun_TV_Networkhttp://en.wikipedia.org/wiki/Sakaalhttp://en.wikipedia.org/wiki/Marathi_languagehttp://en.wikipedia.org/wiki/Maharashtrahttp://en.wikipedia.org/wiki/Dina_Thanthihttp://en.wikipedia.org/wiki/Tamil_languagehttp://en.wikipedia.org/wiki/Tamil_Naduhttp://en.wikipedia.org/wiki/S._P._Adithanarhttp://en.wikipedia.org/wiki/S._P._Adithanarhttp://en.wikipedia.org/wiki/Divya_Bhaskarhttp://en.wikipedia.org/wiki/Gujarati_languagehttp://en.wikipedia.org/wiki/Gujarati_language
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    20 Aaj

    Hindi Varanasi,

    Uttar

    Pradesh

    .748

    21 The Economic Times English Various

    cities and

    states

    .651 Owned by

    Bennett,

    Coleman and

    Co. Ltd.

    22 The Telegraph English Various

    cities and

    states

    .465 Owned by

    Ananda

    Publishers

    23 DNA English Various

    cities and

    states

    .400 Owned by

    Diligent

    Media

    Corporation

    24 Prajavani

    Kannada Karnataka .364 Owned by

    The Printers

    (Mysore)

    Private

    Limited

    25 The New Indian Express English Various

    cities and

    states

    .309 Owned by

    Express

    Publications

    Ltd.

    26 Deccan Herald English Various

    cities and

    states

    .214 Owned by

    The Printers

    (Mysore)

    Private

    Limited

    27 Udayavani

    Kannada Karnataka .185 Owned by

    Udayavani

    28 The Statesman English Various

    cities and

    states

    .172 Owned by

    The

    Statesman

    Ltd.

    29 The Hindu Business Line English Various .163 Owned by

    Lovely Professional University, Jalandhar(Punjab)

    (Under 2(f) UGC Act 1956, AIU and DECrecognized) Page 44

    http://en.wikipedia.org/wiki/Aaj_(newspaper)http://en.wikipedia.org/wiki/Aaj_(newspaper)http://en.wikipedia.org/wiki/Hindihttp://en.wikipedia.org/wiki/Varanasihttp://en.wikipedia.org/wiki/Varanasihttp://en.wikipedia.org/wiki/Uttar_Pradeshhttp://en.wikipedia.org/wiki/Uttar_Pradeshhttp://en.wikipedia.org/wiki/The_Economic_Timeshttp://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/Bennett_and_Colemanhttp://en.wikipedia.org/wiki/Bennett_and_Colemanhttp://en.wikipedia.org/wiki/Bennett_and_Colemanhttp://en.wikipedia.org/wiki/The_Telegraph_(Kolkata)http://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/Ananda_Publishershttp://en.wikipedia.org/wiki/Ananda_Publishershttp://en.wikipedia.org/wiki/DNA_(newspaper)http://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/Prajavanihttp://en.wikipedia.org/wiki/Kannadahttp://en.wikipedia.org/wiki/Karnatakahttp://en.wikipedia.org/w/index.php?title=The_Printers_(Mysore)_Private_Limited&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=The_Printers_(Mysore)_Private_Limited&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=The_Printers_(Mysore)_Private_Limited&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=The_Printers_(Mysore)_Private_Limited&action=edit&redlink=1http://en.wikipedia.org/wiki/The_New_Indian_Expresshttp://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/Deccan_Heraldhttp://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/Udayavanihttp://en.wikipedia.org/wiki/Kannadahttp://en.wikipedia.org/wiki/Karnatakahttp://en.wikipedia.org/wiki/Udayavanihttp://en.wikipedia.org/wiki/The_Statesmanhttp://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/The_Hindu_Business_Linehttp://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/Aaj_(newspaper)http://en.wikipedia.org/wiki/Hindihttp://en.wikipedia.org/wiki/Varanasihttp://en.wikipedia.org/wiki/Uttar_Pradeshhttp://en.wikipedia.org/wiki/Uttar_Pradeshhttp://en.wikipedia.org/wiki/The_Economic_Timeshttp://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/Bennett_and_Colemanhttp://en.wikipedia.org/wiki/Bennett_and_Colemanhttp://en.wikipedia.org/wiki/Bennett_and_Colemanhttp://en.wikipedia.org/wiki/The_Telegraph_(Kolkata)http://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/Ananda_Publishershttp://en.wikipedia.org/wiki/Ananda_Publishershttp://en.wikipedia.org/wiki/DNA_(newspaper)http://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/Prajavanihttp://en.wikipedia.org/wiki/Kannadahttp://en.wikipedia.org/wiki/Karnatakahttp://en.wikipedia.org/w/index.php?title=The_Printers_(Mysore)_Private_Limited&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=The_Printers_(Mysore)_Private_Limited&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=The_Printers_(Mysore)_Private_Limited&action=edit&redlink=1http://en.wikipedia.org/wiki/The_New_Indian_Expresshttp://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/Deccan_Heraldhttp://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/Udayavanihttp://en.wikipedia.org/wiki/Kannadahttp://en.wikipedia.org/wiki/Karnatakahttp://en.wikipedia.org/wiki/Udayavanihttp://en.wikipedia.org/wiki/The_Statesmanhttp://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/The_Hindu_Business_Linehttp://en.wikipedia.org/wiki/English_language
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    cities and

    states

    Kasturi &

    Sons Ltd.

    30 Business Standard English Various

    cities and

    states

    .144 Owned by

    Business

    Standard Ltd.

    (BSL)

    Lovely Professional University, Jalandhar(Punjab)

    (Under 2(f) UGC Act 1956, AIU and DECrecognized) Page 45

    http://en.wikipedia.org/wiki/Business_Standardhttp://en.wikipedia.org/wiki/English_languagehttp://en.wikipedia.org/wiki/Business_Standardhttp://en.wikipedia.org/wiki/English_language
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    Chapter IV

    DATA ANALYSIS AND INTERPRETATION

    Lovely Professional University, Jalandhar(Punjab)

    (Under 2(f) UGC Act 1956, AIU and DECrecognized) Page 46

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    DATA ANALYSIS AND INTERPRETATION

    HYPOTHESIS OF FACTOR ANALYSIS TEST:

    In this research we have total 12 variables so we have two types of hypothesis formation the

    first one is NULL and the second is ALTERNATE hypothesis;

    NULL HYPOTHESIS (H0)

    H0 -That, these factors like (Low price, Newspaper Content, Good service, Free of cost

    distribution, Discounts, Circulation, Availability, Specific target area, Schemes, Compact

    Size, Brand name, Response etc.) are not affect the customer preference towards choosing a

    newspaper as a medium of advertising.

    ALTERNATE HYPOTHESIS (H1):

    H1- that, these factors like (Low price, Newspaper Content, Good service, Free of cost

    distribution, Discounts, Circulation, Availability, Specific target area, Schemes, Compact

    Size, Brand name, Response etc.) are affect the customer preference towards choosing a

    newspaper as a medium of advertising.

    Lovely Professional University, Jalandhar(Punjab)

    (Under 2(f) UGC Act 1956, AIU and DECrecognized) Page 47

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    Do you know about HT Mohali live?

    yes No

    90 10

    Interpretation - Mohali live hyper local of HT is a supplement newspaper of HT

    and distributed free of cost. Most of the respondents of Mohali region are aware about the

    hyper local. From my research work 90% respondents say yes they are aware about the

    Mohali live hyper local. And only 10 % respondents are not aware about the Mohali live.

    Lovely Professional University, Jalandhar(Punjab)

    (Under 2(f) UGC Act 1956, AIU and DECrecognized) Page 48

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    Do you advertise for your business?

    Yes No

    80 20

    Interpretation 80% respondent advertise for their business only 20 % respondent not

    advertise for their business.

    Lovely Professional University, Jalandhar(Punjab)

    (Under 2(f) UGC Act 1956, AIU and DECrecognized) Page 49

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    According to which is the best medium to advertise to a smaller region like

    Mohali

    Television Radio News

    paper

    Fliers Billboard

    s

    Word

    of

    mouth

    Leaf

    lets

    Door

    to

    door

    Via

    teleph

    one

    Any

    Other

    24% 21% 55% 00% 00% 00% 00% 00% 00% 00%

    Lovely Professional University, Jalandhar(Punjab)

    (Under 2(f) UGC Act 1956, AIU and DECrecognized) Page 50

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    Interpretation -- 55% respondents says they use newspaper as a advertisement medium

    to advertise their business. 24% says they use TV, 21% respondents say they use radio, no

    other choice for advertisers.

    How often do you advertise...?

    Once Weekly Monthly Quarterly Yearly When needed

    00% 24% 50% 12% 10% 02%

    Lovely Professional University, Jalandhar(Punjab)

    (Under 2(f) UGC Act 1956, AIU and DECrecognized) Page 51

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    Interpretation-approx 50% respondent advertises monthly, 24 % advertise weekly, 12%

    advertise quarterly, 10% respondent advertises yearly 2% advertise when needed.

    Do you advertise with HT Mohali Live?

    Yes No

    40.82% 59.18%

    Lovely Professional University, Jalandhar(Punjab)

    (Under 2(f) UGC Act 1956, AIU and DECrecognized) Page 52

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    Interpretation 59.18 %respondent are advertise in HT Mohali live and 40.82 % are

    advertise their business through other sources.

    Which factors influence you to advertise in Mohali live?

    Low

    price

    Newspaper

    content

    Good

    service

    Free of cost

    distribution

    Disco

    unt

    Circul

    ation

    Availa

    bility

    Specifi

    c

    target

    area

    Schem

    es

    10% 2.50% 32.50% 2.50% 25% 2.50% 7.50% 2.50% 7.50%

    Lovely Professional University, Jalandhar(Punjab)

    (Under 2(f) UGC Act 1956, AIU and DECrecognized) Page 53

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    Interpretationfactors which influence the advertisers are different for different

    advertisers. 25% are influence by discount, 32.50% are influence by good service, and 15%

    are influence by schemes, 10% influence by low price and the other factors are influence

    marginally.

    Do you think advertising with HT Mohali live is beneficial for your

    business?

    Yes No

    64% 36%

    Lovely Professional University, Jalandhar(Punjab)

    (Under 2(f) UGC Act 1956, AIU and DECrecognized) Page 54

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    Interpretation 97 % advertisers think that HT Mohali live is beneficial for their

    business, only 3 % are disagree.

    Lovely Professional University, Jalandhar(Punjab)

    (Under 2(f) UGC Act 1956, AIU and DECrecognized) Page 55

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    Chapter V

    Findings, Conclusion &Recommendation

    FINDINGS OF RESEARCH

    Lovely Professional University, Jalandhar(Punjab)

    (Under 2(f) UGC Act 1956, AIU and DECrecognized) Page 56

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    The findings of this research are indicating that the five factors which are mainly affect the

    customers (advertisers). So we can say that the customers mainly focused on these factors

    like High Return of money and customer, Responsiveness, Good distribution with attractive

    schemes, Affordability & Convenient, Space availability. The findings of this research

    indicates that a customer (advertiser) choose HT Mohali Live for advertising because of its

    low advertisement cost, high circulation, space availability and discount & schemes. The first

    finding of this research is our null hypothesis is rejected, our null hypothesis says that the

    variables have no effect on customer perception towards choosing a newspaper as a medium

    of advertising. Mainly customers (advertiser) consider first, the rates of advertisement,

    circulation and brand image of the paper. Second finding we find that customers are directly

    affected by these factors, Factors like High Return of money and customer, Responsiveness,

    Good distribution with attractive schemes, Affordability & Convenient and Space availability

    are effect customers preference towards advertising. On the basis of this study we can say

    that the future of hyper-local newspaper (HT Mohali Live) is very bright because peoples are

    really interested in advertisement with hyper-local newspaper (Mohali Live). According to

    this study most of the Mohali people like to advertise with newspaper. 68 According to this

    study most of the Mohali people read Hindustan Times. According to this study most of the

    Mohali people think advertise with Mohali live is beneficial for them. So we can say after

    this research these factors mainly considered by customer because the communality of these

    factors are 77.757% and rest of 22.243% is not more considered by students.

    Recommendation

    Lovely Professional University, Jalandhar(Punjab)

    (Under 2(f) UGC Act 1956, AIU and DECrecognized) Page 57

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    The recommendation of this research is:-

    According to our study respondents mostly influenced by the rates of

    advertisement and circulation of Mohali Live, so I would suggest that

    lowers the advertisement rates and increase the circulation of Mohali

    Live.

    The second suggestion to Mohali Live Team give better customer

    support because most of the customer influenced by good service.

    According to this study many people are advertised once in a year, so I

    would suggest to HT Mohali Live team pitch this customer and make

    regular customer.

    According to the study many peoples are not advertise with Mohali live,

    so I Would like to suggest HT Mohali live team to give them special

    packages, Schemes and special offers to start advertised with Mohali

    live.

    Advertisement cost in Mohali live is high for local advertisers, so it

    should be affordable to local advertisers it will helps to attract large no. of

    advertisers and with that company can maintain their profit.

    Some news and articles should be related to Mohali it can create interest

    in the mind of customer for HT Mohali live.

    Create awareness about HT Mohali live amongst customers and

    advertisers.

    There is need to improve in content of HT Mohali live.

    Lovely Professional University, Jalandhar(Punjab)

    (Under 2(f) UGC Act 1956, AIU and DECrecognized) Page 58

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    The company should give some gift and offers for their regular

    advertisers to retain them.

    Advertising in local news paper are always beneficial for advertisers and

    this area is very competitive so company should always take care of their

    advertisers as well as customers by taking feedback of them.

    Paper quality of hyper local should very good, in HT Mohali live also

    there is need to improve in paper quality.

    The advertisement of HT Mohali live and its advertisement rates should

    be advertise in HT front page at least once in a week.

    Some special events should be organized for HT Mohali live.

    Advertisers.

    Distribution of HT Mohali live should be on each and every business

    layout in the markets of Mohali.

    Lovely Professional University, Jalandhar(Punjab)

    (Under 2(f) UGC Act 1956, AIU and DECrecognized) Page 59