my project final (recovered)
DESCRIPTION
TRANSCRIPT
EXECUTIVE SUMMERY
In the world where only permanent thing is “the change”, the market for every
product is changing at a nano second pace. Markets for every product category
has become highly competitive added with the increasing awareness of the
consumer. In such scenario the importance of market study by doing survey
become indispensable. With this importance in consideration I was assigned the
work of market study of stationery products.
The project is done for “ITC Ltd, Pune”. The main objectives of this project are to
understanding the market of stationery product of Pune for ITC’s brand Classmate
and also to find out the preferences, quality, taste, awareness and satisfaction level
of retailer for this product.
Initially, a survey to ascertain the position and availability of ITC’s brand
Classmate in the retail outlets and study about competitive brands of Classmate in
the market was conducted in Pune city which served as a source of primary data.
Other source like internet, company broaches the purpose of secondary data.
Collection of maximum first hand information was the prime objective of the
various activities of data collection. The data was collected, analysed, represented
in the form of various facts and figures. A series of informal talks with the
retailers helped to judge their perception about the availability and distribution. It
was also found that the Classmate products did not exist in some areas, which
gave an opportunity to competitors to capitalize on classmate’s absence from
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these areas. Research and methodology part includes the type of research which is
used i.e., Survey Method. It again has method of data collection through which
data is collected for this project. i.e. Primary and Secondary data. The Primary
data includes questionnaire for retailers , which is structured .
Every project has some limitations and this survey is not apart from that . one of
the major limitations of this survey is the time limit for the project. It is not
possible to cover a large sample size to get the exact results.
Analysis part includes the detailed analysis of the whole data collected during the
project. Analysis is done after considering each and every question of the
questionnaire and based on that graphs and tables are drawn which ultimately
helped to draw the final conclusion of the project. Comparison is done between
the different stationery brand with the Classmate and the results are carried out .
Based on the analysis of the survey, the conclusion is drawn which matches the
objective of the project and based on the conclusion, the suggestions are given
which is the ultimate result of the survey.The questionnaire designed for
collecting the data is attached with this report which is questionnaire for retailers
is structured and it gives the essential information required for the further
research. On the basis of collected information from the retailers, it was easy to
identify the problems and solutions. Time to time suggestions and their queries
helped a lot to jot down the final suggestions required for ITC Company. The
essence of whole project demands on the analysis, suggestions and conclusion.
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INTRODUCTION
1.1 INTRODUCTION
The project intends to decipher the satisfaction level as well as the preferences of retailers
pertaining to the various stationery brands launched by ITC. We aim to analyse the
success, marketability and future growth prospects stationery brands. Basically we intend
to find out the most popular stationery brand in the market from our sample.
Stationery brands as such are a very minor part of the FMCG industry because FMCG
sector is largely organized. Here we will also look into the market trends in stationery
brands.
For this a survey was conducted in Pune where respondents were asked to fill a
questionnaire. The data was collected and analysed to obtain conclusions. This report
carries an introduction of the company profile, detail of the methodology followed
detailed data analysis and the results so obtained with the variety of graphs along with
given.
Summer training gives us an insight into the working of the real corporate world. It gives
us the practical knowledge of the working of the organizations. During the short time
within the industry, we get to learn the various aspects of an organizations like the culture
followed, the functional aspects etc.
The main objective of the summer internship is to experience the various concepts that
we learn in our first year of management course, as learning the concepts is very
different from experiencing them at a concrete level. We learn to face the various
situations by establishing relationships between real and significant factors in a situation.
We also learn that in a given situation all the functional aspects are inter-related; one
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functional aspect cannot be isolated from the organization. We learn to be more confident
by judging the various situations based on our reasoning and by the application of our
knowledge in these situations.
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1.2 CONCEPTUAL BACKGROUND:
What is Retailing?
Retailing is a distribution channel function where one organization buys products from
supplying firms or manufactures the product themselves, and then sells these directly to
consumers. A retailer is a reseller (i.e., obtains product from one party in order to sell to
another) from which a consumer purchases products. In the US alone there are over
1,100,000 retailers according to the 2002 US Census of Retail Trade.
In the majority of retail situations, the organization from which a consumer makes
purchases is a reseller of products obtained from others and not the product manufacturer.
But as we discussed in the Distribution Decisions tutorial, some manufacturers also
operate their own retail outlets in a corporate channel arrangement. While consumers are
the retailer’s buyers, a consumer does not always buy from retailers. For instance, when a
consumer purchases from another consumer (e.g., eBay) the consumer purchase would
not be classified as a retail purchase. This distinction can get confusing but in the US and
other countries the dividing line is whether the one selling to consumers is classified as a
business (e.g., legal and tax purposes) or is selling as a hobby without a legal business
standing.
As a reseller, retailers offer many benefits to suppliers and customers as we discussed in
the Distribution Decisions tutorial. For consumers the most important benefits relate to
the ability to purchase small quantities of a wide assortment of products at prices that are
considered reasonably affordable. For suppliers the most important benefits relate to
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offering opportunities to reach their target market, build product demand through retail
promotions, and provide consumer feedback to the product marketer.
Definition of Retail Audit
Study of a selected sample of retail outlets, provided as subscription-based service by
market research firms. Retail-audit service providers gather information on a brand's
sales volume, sales trends, stock levels, effectiveness of in-store display and promotion
efforts, and other associated aspects
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1.3 PROBLEM STATEMENT
Statement of the Problem is “To study of retail audit of stationery
product of ITC ltd”
Today’s word is changing rapidly either economically, technologically or
politically due to the globalization. It’s become difficult for any type of
company to sustain in the market, face the challenges, fulfill the needs and
wants of the customer and at the same time increase the market share.
1.4 OBJECTIVES
1) To verify the physical location of the outlets.
2) To find out availability of stationery product of ITC in the retail outlet.
3) To find out the competitors.
4) To study about the competitor brands in study segments.
5) To find out trade margin for stationery product.
6) To find the problem of retailers with the distributor or the company.
7) To suggest majors for improving the availability of stationery product of ITC in
the retail outlet.
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1.5 SCOPE OF THE STUDY
It covers the market survey with the help of which market potential is
carried out.
It compares the major players of the stationery products on various aspects
such as price, quality, durability, brand image.
Analyzing the gap among the various competitors in the market.
It is also useful for finding out actual expectations of the existing
customer.
1.6 LIMITATIONS OF THE STUDY:
Exact data collection is not possible by sub-dealer
Response error, interview error and based answers in some cases were the other
limitation of study.
Due to unavailability of time and reluctance on the part of the interviewee there
may be some minor problem.
The major problem of the survey was that most of the respondents being very
loyal to their brands didn’t give exact answers .like they didn’t talk much about
what problems they are facing, what are the different marketing schemes of the
brand in which they deal etc.
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COMPANY PROFILE
ITC is one of India's foremost private sector companies with a market capitalization of
nearly US $ 19 billion and a turnover of over US $ 5.1 billion. ITC is rated among the
World's Best Big Companies, Asia's 'Feb 50' and the World's Most Reputable Companies
by Forbes magazine, among India's Most Respected Companies by Business World and
among India's Most Valuable Companies by Business Today. ITC ranks among India's
`10 Most Valuable (Company) Brands', in a study conducted by Brand Finance and
published by the Economic Times. ITC also ranks among Asia's 50 best performing
companies compiled by Business Week.
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ITC India Limited
Type Public (BSE:ITC)
Founded August 24, 1910
Radha Bazar Lane, Kolkata, India
Headquarters Virginia House, Kolkata, India
Key people Y C Deveshwar, Chairman
K Vaidyanath, Director, CFO: Partho Chatterjee
Industry Tobacco, Foods, Hotels, Stationery, Greeting Cards,
Product Cigarettes, Packaged Food, apparel
Revenue $4.75 billion USD (2006)
Employees 20,000 (2007)
Website http://www.itcportal.com/
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ITC has a diversified presence in Cigarettes, Hotels, Paperboards & Specialty Papers,
Packaging, Agri-Business, Packaged Foods & Confectionery, Information Technology,
Branded Apparel, Personal Care, Stationery, Safety Matches and other FMCG products.
While ITC is an outstanding market leader in its traditional businesses of Cigarettes,
Hotels, Paperboards, Packaging and Agri-Exports, it is rapidly gaining market share even
in its nascent businesses of Packaged Foods & Confectionery, Branded Apparel, Personal
Care and Stationery.
As one of India's most valuable and respected corporations, ITC is widely perceived to be
dedicatedly nation-oriented. Chairman Y C Deveshwar calls this source of inspiration "a
commitment beyond the market". In his own words: "ITC believes that its aspiration to
create enduring value for the nation provides the motive force to sustain growing
shareholder value. ITC practices this philosophy by not only driving each of its
businesses towards international competitiveness but by also consciously contributing to
enhancing the competitiveness of the larger value chain of which it is a part." ITC's
diversified status originates from its corporate strategy aimed at creating multiple drivers
of growth anchored on its time-tested core competencies unmatched distribution reach,
superior brand-building capabilities, effective supply chain management and
acknowledged service skills in hoteling. Over time, the strategic forays into new
businesses are expected to garner a significant share of these emerging high-growth
markets in India.
ITC's Agri-Business is one of India's largest exporters of agricultural products. ITC is one
of the country's biggest foreign exchange earners (US $ 3.2 billion in the last decade).
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The Company's 'e-Choupal' initiative is enabling Indian agriculture significantly enhance
its competitiveness by empowering Indian farmers through the power of the Internet.
This transformational strategy, which has already become the subject matter of a case
study at Harvard Business School, is expected to progressively create for ITC a huge
rural distribution infrastructure, significantly enhancing the Company's marketing reach.
ITC's wholly owned Information Technology subsidiary, ITC Infotech India Limited, is
aggressively pursuing emerging opportunities in providing end-to-end IT solutions,
including e-enabled services and business process outsourcing.
ITC's production facilities and hotels have won numerous national and international
awards for quality, productivity, safety and environment management systems. ITC was
the first company in India to voluntarily seek a corporate governance rating.
ITC employs over 25,000 people at more than 60 locations across India. The Company
continuously endeavors to enhance its wealth generating capabilities in a globalizing
environment to consistently reward more than 3,72,000 shareholders, fulfill the
aspirations of its stakeholders and meet societal expectations. This over-arching vision of
the company is expressively captured in its corporate positioning statement: "Enduring
Value. For the nation. For the Shareholder."
ITC has transformed itself from a leading cigarette manufacturer to an umbrella
group that offers a diversified product mix to enhance its brand image and reduce
dependency on tobacco related products. It has forayed into the hospitality service
industry and has become a major player in the hotels segment. Its position in the FMCG
(fast moving consumer goods) business is also on a growth curve; especially its
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confectionery and biscuits which are slated to achieve the top ranks among its peers. It
has made heavy investments to strengthen its IT (information technology) segment and to
compete with the big players like Infosys and Wipro. Although the ITC group is
marketing its image as an ideal corporate citizen and a company that takes its social
responsibility seriously, it still earns 80% of revenues from selling cigarettes and other
tobacco related products.
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2.1 The major areas in which ITC has diversified are:
Fig.2.1 Major brands of ITC
FMCG
Cigarettes
Food
Lifestyle Retailing
Greetings and stationery
Safety Matches
Incense sticks
Hotels
Paperboards and Packaging
Paperboards and specialty papers
packaging
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Agri-Business
Agri- exports
E-choupal
Information Technology
2.3 Our Corporate Vision:
Our corporate vision is to merge the latest in technology with the best of natural
ingredients to create innovative color products. We consistently combine tradition with
scientific ingenuity to provide the market with products that deliver verifiable results.
2.4 VISION:
Sustain ITC's position as one of India's most valuable corporations through world class
performance, creating growing value for the Indian economy and the Company’s
stakeholders.
2.5 MISSION:
To enhance the wealth generating capability of the enterprise in a globalizing
environment, delivering superior and sustainable stakeholder value.
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PRODUCT PROFILE
ITC made its entry into the stationery business in the year 2002 with its premium range of
notebooks, followed in the year 2003 with the more popular range to augment its
offering.
Today, ITC continues to blend its core capabilities to market a growing range of
education and stationery products. These capabilities include,
a. Manufacturer of India’s first Ozone treated environment friendly Elemental
ChlorinFree (ECF) pulp, paper and paperboard.
b. Knowledge of image processing, printing & conversion garnered from its
Packaging & Printing Business.
c. Brand Building & Trade Marketing & Distribution strengths resident in its FMCG
Business.
ITC’s stationery Brands are marketed as “Classmate” and “Paperkraft”, with
Classmate addressing the needs of students and Paperkraft targeted towards college
students and executives.
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Classmate - India’s truly largest
National brand, reaching 65,000 outlets
across the country, has over 300 variants
in its range which comprises notebooks,
long books, practical books, drawing
books, scrap books, reminder pads etc
Fig.2.2 Classmate note books
The Classmate Fun N Learn range of children books targeting pre-school learners,
comprising categories like Pre School Learner, Active Minds and Read Aloud Tales
with features like Wipe n Use again, Trace & Color and Puzzles ensure that a child's first
lessons are truly enjoyable.
Classmate Invento Geometry Boxes,
launched for school students comprise a
world-class precision compass and high
quality plastic instruments coupled with
interesting trivia and useful information,
to make
geometry more fascinating for students.
Aesthetically designed, Classmate pens offer the consumer
a smoother and more comfortable writing experience through use of ergonomic
design, reducing the effort required for writing. The initial launch comprises ball pens
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- Classmate Safari and Classmate Ilet - and gel pens - Classmate Glider and
Classmate Octane.
A new entry to the Classmate portfolio is its range of
HB Jet Black pencils. Designed attractively for
school kids, the pencils offer a unique advantage of
lesser lead wear out and thus, “Stay Sharper for
Longer”.
Dark and smooth writing coupled with Strong – Bonded lead offer an enjoyable
writing experience.
The Classmate Notebook range builds in regional preferences and caters to the
requirements of All India & State Education Boards. Every Classmate notebook
carries ITC's Corporate Social Responsibility message on its back. For every four
Classmate Notebooks, ITC contributes Re. 1 to its rural development initiative that
supports, among other projects, primary education in villages.
Classmate has successfully run the “Classmate Young
Author & Artist Contest” for 5 years. The contest is a
national level event going across 34 cities and getting
participation from 5000
schools.
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The Paperkraft range consists of premium stationery with a wide variety for
executives to choose from. The assortment consists of notepads & multi subject
notebooks in hard, soft covers & multiple binding formats including spirals, wires etc.
The Paperkraft brand recently launched premium
business paper–an environment friendly
multipurpose paper for office and home use. The
paper has been crafted by ITC’s Bhadrachalam unit
using a pioneering technology, called “Ozone Treated Elemental Chlorine Free
technology”. Paperkraft business paper is the whitest and brightest 75 & 70 GSM
papers manufactured in India and provides consumers an opportunity to “Go Green”.
In recognition of its quality products & processes, the business has been awarded with
ISO 9001:2000 by Messrs Det Norske Veritas.
Research Methodology
3.1 Research:
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Market research is defined as a systematic gathering, recording and analysis of the data
concern with an objective. This whole activity is divided into various parts & after
compilation of that we reach at certain findings, which enable us to take marketing
decisions. It involves the diagnosis of information needed and the selection of relevant
and interrelated variables.
Redman and More defined research as a “systematized effort to gain new knowledge.”
The purpose of research is to discover answers to questions through the application of
scientific procedures. The main aim of research is to find out the truth which is hidden
and has not been discovered as yet.
3.2 Significance Of Research
Research inculcates scientific and inductive thinking and it promotes the development of
logical habit of thinking and organization. Research provides the basis for nearly all
Govt. policies on our economic system. Research has its special significance in solving
various operational and planning problems of business and industry.
3.3 Research Design
Survey method has been used for the data collection with the help of questionnaire as the
research instrument . It was a field research method where consumers visit were made to
gather the information needed for the market survey. The source for the information was
the consumers of the desired product.
3.4 Type of Research
Market research is being used to measure the characteristics of market, to obtain
information needed for forecasting to evaluate new product ideas and improve existing
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product . There are number of decisions or alternatives in the market, one course of
action is to be selected from them.
3.5 Method of Research
The study falls under the category of Descriptive research and uses survey method.
Descriptive research includes survey and fact finding enquiries of different kinds. It is
description of state of affairs, as it exists at present. Main characteristics of this method
are that, the researcher has no control over the variables. He can only report what is
happening. The method of research used in this research was Survey method.Research
methodology is the process which helps in selecting the tools to achieve the objectives.
3.6 General Methodology:
The methodology adopted for this project was completely base on primary information.
The location of the study was in Pune dist. The first stage included gathering information
about the stationery product of the Pune market. That was, to find out which are the
major players, what is general distribution pattern, what is the buying behaviour of
customers. The second stage comprised determining the objective of the study and
drafting the questionnaire. The questionnaire was designed keeping in mind the objective
of the study. It was designed with due guidance of the company guide. It was assured that
the questionnaire prepared Keeping in mind the education level of the respondents who
were mainly retailers the questionnaire was kept simple and precise.
The methodology consists of :
Need and objective of research
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Collecting the facts/data
Analysis of the data.
Conclusion and solution
1) Sampling design:
A definite plan developed to obtain a sample from a given population is called sampling
plan.
Designing the sample Based on two decisions. First, who is to be surveyed? Second, how
many people in the sample are chosen?
Sample unit: Retailers of stationery product in Pune dist. Of Maharashtra.
Sample size: The larger the size, the more accurate the result would be. But practically,
it’s not feasible to survey the entire target outlets. The sample size of the survey done by
me was 130 outlets.
Sampling Procedure
I try to find out most of the retailers in the market.
Contact Method
I personally visited most of the retailers. Few shopkeepers due to their busy schedule or
loyalty for their brand refused to respond at all.
2) Sources of data collection:
Primary data:
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Data obtained from the first hand by the researcher is called the primary data.Here the
main source of primary data collection was interviews, discussion and interaction with
customers by using the Questionnaire.
Secondary data:
Secondary data refers to the data available in some form or another and may include the
result of the previously performed research or the available materials such as newspaper,
reports may be from the internet. Various sources of secondary data used in this research
are:
Internet
Interaction with the dealers.
Questionnaire as an instrument of data collections:
Questionnaires were used as an instrument for data collection for primary data collection.
P. V. Young has classified the questionnaire in two groups ,
1) Structured questionnaire
2) Non- structured questionnaire
Structured questionnaire contain definite, concrete questions with additional questions
limited to those necessary to classify inadequate answers or to elicit a more detailed
response. Structured questionnaire can be of two types, namely “disguised” and “non-
disguised”. This classification is based on whether the object or purpose of study is
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revealed or undisclosed to the respondent. Thus a structured non-disguised questionnaire
is one where the listing of questions is in a pre-arranged order and object of the study is
revealed to the respondent. In a structured disguised questionnaire, researcher doesn’t
disclose the object of the study.
Non-structured questionnaire, often known as interview guide is used for focused, depth
and non directive interviews. It contains definite subject matter areas, the coverage which
is required during the interview, but the interviewer is largely free to arrange the form
and timing of enquiry.
Types of questions:
Open-end questions:
Close-end questions:
An open-ended or simply ‘open’ or ‘free answer’ question gives the respondent
complete freedom to decide the form, length and detail of answers. Open
questions are preferred when the researcher is interested in knowing what is
uppermost in the mind of the respondent. Close end questions has only two
answers in the form ‘yes’ or ‘no’, ‘true’ or ‘false’ or ‘do not use’ etc.
3) Analytical tools:
The data, which was collected, was summarized and tabulated on MS-excel for
further analysis. The analysis performed was mainly comparative analysis using
statistical analytical tools.
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The tools that have been used are as follows:
Bar Chart
Pie Chart
DATA ANALYSIS & INTERPRETATION
In order to extract the meaningful information from the data collected an analysis of data
is done using pie charts, bar graphs etc.
1. Do the ITC distributer visit your outlet?
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a) Yes b) No
Table no.4.1.1 Retail outlets visited by the distributer
Yes No
67 63
Graph No.4.1.1 Retail outlets visited by the distributer
Yes No
Series1 67 63
515253545556575
No
of o
utle
ts
Interpretation:
From above graph it is clear that out of 130 outlets only 67 (52%) outlet visited by
distributers and 63(48%) not visited by distributers.
2. If No, Is Distributor visited your outlet earlier?
Table no.4.2.1 Retail outlets covered by the distributer earlier
Yes No
5 58
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Graph No.4.2.1 Retail outlets covered by the distributer earlier
Not visited visited earlier0
10
20
30
40
50
60
58
5
Series2
Interpretation:
Out of 63 outlets which were not visited by the distributors, 5 outlets were covered by the
distributors earlier. From the total outlets which were not visited by the distributor, 10%
outlets were visited by the distributor earlier.
3. Which of the following stationery products do you keep in your outlet?
Table no.4.3.1 Stationery products available in outlets
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Graph no. 4.3.1 Stationery products available in outlets
Note book
Long b
ook
Graph book
Drawing b
ook
Reminder
pad
Pocket m
emo
Scrap
book
Pencils
Geometr
y box
Copier pap
er0
20
40
60
80
100
120
140
Stationery product available in Outlets
No.
of o
utle
ts
Interpretation:
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CATEGORIES NO. OF OUTLETSNote Book 124Long Book 123Graph Book 110Drawing Book 113Reminder Pad 98Pocket Memo 97Scrap Book 95Pencil 119Geometry Box 102
Copier Paper 91
Out of 130 sample size, 124 outlets keep note books,123 outlets keep long books,
110 outlets keep graph books,113 outlets keep drawing books,98 outlets keep
reminder pad,97 outlets keep pocket memo,95 outlets keep scrap book,119 outlets
keep pencils,102 outlets keep geometry box,91 outlets keep copier paper.
4. Which stationery items of ITC do you keep in your outlet?
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Table no.4.4.1 Stationery products of ITC available in outlets
Graph no. 4.4.1 Stationery products of ITC available in outlets
Note book
Long b
ook
Graph book
Drawing b
ook
Reminder
pad
Pocket m
emo
Scrap
book
Pencils
Geometr
y box
Copier pap
er0
10
20
30
40
50
60
70
80
90
Stationery product of ITC available in Outlets
Interpretation:
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CATEGORIES NO. OF OUTLETS
Note Book 73
Long Book 80
Graph Book 50
Drawing Book 54
Reminder Pad 45
Pocket Memo 43
Scrap Book 40
Pencil 42
Geometry Box 45
Copier Paper 15
Out of 130 sample size, 73 outlets keep classmate note books, 80 outlets keep classmate
long books, 50 outlets keep classmate graph books, 54 outlets keep classmate drawing
books, 45 outlets keep classmate reminder pad, 43 outlets keep classmate pocket memo,
40 outlets keep classmate scrap book, 42 outlets keep classmate pencils, 45 outlets keep
classmate geometry box, 15 outlets keep paperkraft (copier paper of ITC).
5. What are the margins given by companies on the stationery product?
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Graph no. 4.5.1 Trade margins on stationery products
CLASSMATE NAVNEET SUNDARAM CELLO CAMLIN LOCAL BRANDS
Series1 0.2 0.25 0.45 0.320000000000004
0.380000000000004
0.5
3%
8%
13%
18%
23%
28%
33%
38%
43%
48%
Trade Margins
Interpretation:
According to above graph, it is clear that local brands are giving 50% margin which is
higher .Trade margin of ITC is20%,Navneet is 25%,Cello is 32%, Camlin is 38%,
Sundaram is 45%and the retailer gets the maximum margin in local brand that is 50%.
6. Are you satisfied with the margin given by ITC?
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Table no.4.6.1 satisfaction level with respect to margin
Yes NO Total
8% 92% 100%
Graph no. 4.6.1 satisfaction level with respect to margin
8%
92%
Satisfaction level with respect to margin
Yes
NO
Interpretation:
According to above graph, 92% retailers are not satisfied with the margins offered to
them by the company. While only 8 % retailers are satisfied with margins.
So company should rethink over trade margin policy.
7. Do you have any problem with the distributor Or Company?
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Table no.4.7.1Problems of retailers with the distributerYes NO Total
54% 46% 100%
Graph no.4.7.1Problems of retailers with the distributer
YES54%
No46%
Problem with the distributor or company
Interpretation:
According to above chart, almost more than half i.e.54% respondents have problem with
company or the service of distributer. 46% respondents are satisfied.
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CONCLUSION
A survey of the people has been conducted to know the liking pattern of the ITC
Stationery products . It is observed that overall retailers like to buy Stationery
products of other companies because of the margins given by them.
It is concluded that mostly people preferred Classmate of ITC due to its high
quality and image . Some people often like to have good Quality at lower price
that’s why they prefer other brands. Due to quality and brand image the ITC have
they are able to attract the customers.
It is thus concluded from the facts collected most of the market covered by the
ITC but the concentration on advertisement & promotional activities will help
them to become a market leader in stationery products.
FINDINGS
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1. Findings regarding distribution :
There is delay in delivery of ordered product by 15 to 20 days. It is the
main reason due to which distributor loses his potential retailers.
Due to unavailability of ITC stationery on time, retailer sells another brand
to customer.
Demand of ITC product is high but company is not able to fulfill it.
Some retailers are purchasing classmate from the wholesale market
because it is in demand and distributor never visited there.
One of the major finding is that stock is not available in season.
2. Findings regarding Promotional activities:
Retailers are expecting some schemes during season.
Competitors are doing heavy promotional activities in comparison but
ITC believes in quality not in promotion.
Demand for Navneet products are high in some areas they advertise their
product in schools and some schools including Delhi board schools
making compulsion on student to purchase Navneet.
3. Findings regarding Product of ITC:
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Geometry box : invento and victor, geometry box of ITC are new arrivals.
But it is found to be less attractive but people like its quality. It is better
than any other product.
Note books: few retailers are complaining that ink is visible by back side
of the paper of classmate note book.
Paperkraft : as compare to copy power (bilt) paperkraft is costly.
Pen: the major finding for pen is that the length of classmate inlet is
slightly higher that’s why it is not comfortable while keeping it in shirt’s
pocket.
4. On the spot payment, low cash discount, no credit facilities and fewer margins as
compare to competitors, push retailers to sell other competitive brands.
5. Some retailers feel and said that, ITC have over confidence in their product and
concentrating less on promotions.
6. Market leader of stationery brands. Competitors of classmate notebooks are
Navneet, for pencil it is natraj, for geometry box its camlin ,for
paperkraft(copier paper) its bilt.
SUGGESTIONS
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1. Company has to look after its distribution channel, because company also
having problem in distribution in many areas. In most of the areas, demand is
there but sales agents don’t reach there. Company has to supply goods in these
areas.
2. To solve the problems of the retailers should be taken seriously.
3. There should POP (be point of purchase) display of new products like pen,
pencils and geometry box.
4. Company should produce telephone dairy as per market demand.
5. The new product paperkraft is liked by the customer because of its quality, but
company should increase margin or reduce PTR.
Bibliography
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Book:
C.R. Kothari (2006), Research methodology, 3rd Edition, Vishwa Prakashan, New
Delhi.
Kotler Philip (2007), Marketing Management- A South Asian Perspective, 13TH
Edition, Prentice Hall of India Pvt. Ltd., New Delhi.
Websites:
http:// www.google.co.in /
http:// www.wikipedia.com /
http://www.itcportal.com/
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ITC Ltd.
Retailer survey form
Name Of the Outlet :-_______________________________________________
Address:-_________________________________________________________
Contact no:-________________________
1) Which stationery items do you keep in your outlet?
1)__________ 2)___________ 3)____________ 4)____________ 5)___________
2) Which leading brands do you have?
1)__________ 2)___________ 3)____________ 4)____________ 5)___________
3) Which is the leading brands or competitors?
a) For Notebooks & related items.
1) ITC 2) Navneet
b) For Pencil.
1) ITC 2) Natraj
c) For Geometry box.
1) ITC 2) Camlin
d) For Copier.
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1) ITC 2) Bilt
4) Is Distributor visited your outlet?
Yes No
5) If No, Is Distributor visited your outlet earlier?
Yes No
6) If Yes , Which stationery items of ITC do you keep in your outlet?
1)__________ 2)___________ 3)____________ 4)____________ 5)___________
7) Are you satisfied with the margin given by ITC?
Yes No
8) Do you have any problem with the distributor Or Company?
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Yes No
If Yes, What are the problems__________________________________________
__________________________________________________________________
9) Any suggestions __________________________________________________
__________________________________________________________________
__________________________________________________________________
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