Beruflich Dokumente
Kultur Dokumente
ABDUL KALAM
TECHNICAL University
Project Report
___________________________________________
Study of Effect of Various Promotional Scheme and Overview
On Distribution Channel of PURI OIL MILLS Ltd.
___________________________________________
At
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IIMT GROUP OF COLLEGES, Greater Noida
Acknowledgement
I express my sincere thanks and deep sense of gratitude for the inspiring
guidance and support rendered by my research guide, Mr. NAVIN KUMAR,
Brand Manager PURI OIL MILLS LTD NEW DELHI.
I am thankful to Mr. ANIL KUMAR GUPTA (Head HR) who extended a helping
hand during the course of the project, whenever needed, and to all the
office staff who have directly or indirectly contributed to the success in this
project.
I thank my Internal Guide, Dr. SHRUTI GUPTA Faculty at AIMT for imparting
me the necessary knowledge wherever needed and for guiding me as to
how to go about with this project.
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IIMT GROUP OF COLLEGES, Greater Noida
Finally, I am grateful so many ASM, SO, Retailers & Friends who shared
valuable information that helped in the successful completion of this
project.
TABLE
OF
CONTENTS
Acknowledgement
Executive Summary
1 Introduction
1.0
2
Company Profile
2.1
2.2
2.3
2.4
2.5
3 Project Profile
3.0
3.1
Research Methodology
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IIMT GROUP OF COLLEGES, Greater Noida
Chapter Summer
4.1
Data Analysis
Conclusion
5.1
Recommendation
APPENDIX
BIBLIOGRAPHY
EXECUTIVE
SUMMARY
Project Title:Find out the effectiveness various promotional schemes (in mustard oil) and
overview on distribution channel of puri oil mills ltd.
The objective of the project was to: Analyze the position of the other competitive products.
What type of promotional schemes given by mustard oil company
Promotional activities to fight competition by reassuring.
Analyze the marketing strategies of these brands understand the
market size/brand preference.
To analyzes the customer preference for these product.
Data was collected from targeted outlets with the help of a Questionnaire
(ANNEXURE). For this purpose interviews were conducted.
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IIMT GROUP OF COLLEGES, Greater Noida
On the basis of the findings, the data was collated and comparative
statements
were
disadvantages
of
prepared.
both
the
After
studying
structures
and
the
their
advantages
impact
on
and
sales,
INTRODUCTION
1.0
Company Profile
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IIMT GROUP OF COLLEGES, Greater Noida
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IIMT GROUP OF COLLEGES, Greater Noida
the assurance of quality and purity implicit in the value proposition offered
by P Mark. Backed by aggressive and innovative advertising campaigns
spread across press, television and outdoor media, the brand has attained
high levels of awareness, and is a highly visible player in the mustard oil
segment.
The groups single-minded focus on quality has been recognized by the
government of India through the conferment of its prestigious national
award for quality. PURI OIL MILLS LTD. Has also received ISO 9001 : 2000
certification for its manufacturing units at Bahadurgarh and Damtal.
The group and all its constituent companies have a proven track record of
financial stability and performance. This is clear from the consistent rate of
growth in the last few years and the systematic expansion undertaken by
the group.
In the years ahead, PURI OIL MILLS LIMILED. Seeks to reinforce its presence
in the mustard oil segment by launching a wide range of value added
products, thereby establishing itself as a leading innovator in the field of
mustard, thereby becoming the last word in Mustard.
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IIMT GROUP OF COLLEGES, Greater Noida
With a proven track record for quality and purity spanning more than
seventy five years, the P MARK Brand name enjoys immense equity and
salience, especially across the markets of northern India. It is one of the
most visible brands in the mustard oil segment and is widely acknowledged
as a market leader in this domain.
Backed by informative, innovative and proactive marketing campaigns, the
brand has played a pioneering role in educating consumers and keeping
them abreast of global research finding in the mustard space. In fact, P
MARK Has emerged as a frontrunner for championing the cause of generic
mustard oil as a whole, going well beyond the brand to create widespread
awareness of mustard oil and its extensive health benefit-through these
activities; P MARK has helped the entire mustard community especially
mustard farmers.
The brand campaigns of P MARK have gone a long way in busting various
myths about mustard and in highlighting the fact that globally, mustard oil
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IIMT GROUP OF COLLEGES, Greater Noida
PRODUCT PROTFOLIO
India is the fourth largest oilseed producing country in the world. Rapeseed
mustard production account for nearly 20 percent of the total oil produced.
Rapeseed occupies the status of the second largest oilseed in India (next
only to groundnut). The crude mustard oil is dark brown in colour with a
pungent odour and ideal for everyday cooking.
P Sanjeevani Organic Mustard Oil
The references to mustard oil in Ayurveda, the ancient Indian texts on the
Science of Longevity, prove that mustard oil was acknowledged for its
numerous health and healing properties. Now P Sanjeevani Organic
Mustard Oil enables you to experience the wonder of mustard oiljust the
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IIMT GROUP OF COLLEGES, Greater Noida
way
it
was
thousands
of
years
ago.
P mild
Cholesterol Free
For Healthy Mind and Body P Sparkle Indias First Light Mustard Oil 75%
Gum free, Completely Natural, Non Sticky in Nature.
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IIMT GROUP OF COLLEGES, Greater Noida
Non-Viscous in nature
Light in Colour
P-Mamta ghee
KHAO PAKAO Refined Oil has a strong presence in North India and has
widely been appreciated for its quality. Launched in 1995, the brand
has expanded its customer base rapidly. It is available in high quality,
user-friendly packaging units of 500 ml, 1 litre, 5 litre and 15 litre
capacities.
P Mark Kachi Ghani Mustard Oil
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IIMT GROUP OF COLLEGES, Greater Noida
The journey of P Mark pure mustard oil from 1933 till date has been highly
eventful and enriching. Over the years P Mark has earned the trust as
confidence of millions of discerning housewives and has emerged as the
leading Mustard Oil brand in the country. Besides perfecting the art of
making delicious and nutritious KACCHI GHANI Mustard Oil, P Mark is a
proven symbol of purity & quality.
Why Housewives Prefer P Mark Mustard Oil
100% Naturally processed.
Contains no synthetic or chemical additives.
Least Absorbed in Food.
Makes food tastier and healthier.
One of Indias Largest Selling Mustard Oil Brands.
PACKAGING
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IIMT GROUP OF COLLEGES, Greater Noida
VOLUME
200ml
500ml
500ml
1 litre
1 litre
2 litre
2 litre
5 litre
5 litre
15 litre
15 litre
COMPOSITION
Pet bottle
Pet bottle
5 layer flexi pouch
Pet bottle
5 layer flexi pouch
HDPE container
Tin container
HDPE container
Tin container
HDPE container
Tin container
Vision
In the years that follow, all our efforts will be channelized towards making
Puri Oil Mills Ltd., one of the most respected enterprises in India. The
respect will be earned from the customer, vendors and all our business
associates alike.
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Mission
Commitment towards quality, value enhancement, human resources
development and customer satisfaction by optimal use of available
resources aimed at achieving growth and excellence .
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The Businesses
While Puri Oil is known for its FMCG business, it has also carved strong
presence in other business segments as well. Companies under Puri Oil
Group are.
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IIMT GROUP OF COLLEGES, Greater Noida
Puri oil mills limited is a key member of the group, with a central role in the
manufacturing and marketing of p mark mustard oil in several core
markets across the country. The company also plays a strategic role in
exploring new markets. Extending the distribution channels for the brand
and evolving the advertising strategy for the brand. The company also has
a significant role in the research that drives brand innovation and new
product development, and imitates the strategic thinking that lies behind
many of
the
manufacturing
value
added
operations
services.
at
its
The
company carries
strategically
located
out its
facility
at
PURI BROTHERS
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IIMT GROUP OF COLLEGES, Greater Noida
Puri brother is dealing in the marketing of petroleum products all across the
state of Himachal Pradesh. The firm has a strategic alliance with Indian Oil
Corporation. A global petrochemical conglomerate, to market their range of
automotive fuels, lubricants and other petro- products through retail outlets
located at Mallikpur in the pathankot district of Punjab and in kullu,
Himachal Pradesh. Puri brother also deals in superior quality kerosene oil
and distributes the same along the lengths and breadth of the mountainous
state.
Puri Brothers also transports l.o.c petro-products through a fleet of special
carriage tankers and have a prestigious contract to transport to the farflung rohtang, lahaul spiti and other snowbound areas of the state. Puri
brothers fodders and feeds also possesses a cattlefeed manufacturing
facility at Damtal, Himachal Pradesh. The state has a strong dairy network,
which has been growing over the last few years. The feed is marketed to all
the important dairies in the state.
Puri brothers is also engaged in marketing p mark mustard oil in the state
of Himachal Pradesh through its various sales depots located across the
state. The firm has a well- established sales network geared to carry out the
entire gamut of marketing operations throughout the state.
Devi Das Gopal Krishan limited is the principal of the puri group of
industries
and
is
responsible
for
the
introduction;
maturation
and
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IIMT GROUP OF COLLEGES, Greater Noida
discerning consumers of Jammu and Kashmir and even during the harsh
winter months, the oil supplies reach the far-flung areas of the state. The
units is located at Moga, in the state of Punjab, the agricultural hub the
offers trade- friendly policies, and a moderate climates P mark oil cake
commands a significant premium and the company is a leading supplier of
p mark cattle feed to Nestle, a global foods products corporation. In the
financial year 2000-2001, the company set up a tin manufacturing plant for
captive consumption.
Awards
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International star
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Statutory Regulations:
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IIMT GROUP OF COLLEGES, Greater Noida
INTRODUCTION
The Indian vegetable oil economy is the worlds fourth largest after the US,
China and Brazil, harvesting about 25 million tons of oilseeds against the
world. Since 1995, Indian share in world production of oilseeds has been
around 10 percent. Although, India is a major producer of oilseeds, per
capita oil consumption in India is only 10.6 kg/annum which is low
compared to 12.5 kg/annum in China, 20.8 kg/annum in Japan, 21.3
kg/annum in Brazil and 48.0 kg/annum in USA.
Vegetable oil consumption has increased following a rise in household
incomes and consumer demand. India imports half of its edible oil
requirement, making it the worlds third-largest importer of edible oil. The
country buys soya oil from Argentina & Brazil and palm oil from Malaysia &
Indonesia.
Currently, India accounts for 11.2 per cent of vegetable oil import and 9.3
per cent of edible oil consumption.
Mustard oil is the popular cooking oil in Northen, Central,
North Eastern Region.
Eastern and
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IIMT GROUP OF COLLEGES, Greater Noida
MARKET POTENTIAL
Mustard seed is produced in large quantities in Rajasthan, U.P, Punjab,
Haryana, J&K, M.P., Bihar, West Bengal. In North Eastern Region, the main
mustard producing states are Assam, Meghalaya, Manipur and Tripura.
There exists a large scope to set up a number of small scale mustard
expellers for local production of high pungency oil, which fetches a
premium price.
MARKET TRENDS
India is the worlds fourth largest edible oil economy, after USA, China and
Brazil, with
vanaspati plants; and over 1,000 refineries employing more than one
million people.
The total market size is at Rs. 600 billion and import-export trade is worth
Rs.130 billion.
India being deficient in oils has to import 40% of its consumption
requirements.
The domestic turnover of the vegetable oil industry is Rs.70,000 cr and
import-export turnover of About Rs.16,000 cr per annum,consist of Rs.10,
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IIMT GROUP OF COLLEGES, Greater Noida
000 cr for import of edible oils & Rs 6,000 cr for export of oil meals,
oilseeds castor oil, groundnut oil & vegetable fats of tree borne oilseeds.
India's edible oil industry is growing at an compounded annual growth rate
(CAGR) of 90 per cent. By rationalizing the import duty, the growth rate of
sector may rise up to 150 per cent by 2010.
The total size of the olive oil market in India is around 4 million euro in
terms of value and 2,000 tonnes in terms of volume, out of which Spanish
companies command a share of about 60%.
Currently, India accounts for 7.4% of world oilseeds output; 6.1% of world
oilmeal production; 3.9% of world oilmeal export; 5.8% of world veg oil
production; 11.2% of world veg oil import; and 9.3% of the world edible oil
consumption.
India consumes over 4.5 million tons Palm Oil and other Palm Oil
Products per annum, while domestic production of Crude Palm Oil in India
is hardly 60,000 tons per annum and rising very slowly.
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IIMT GROUP OF COLLEGES, Greater Noida
medicinal values that are associated with it from the ancient times.
Mustard oil can be made from either pressing the seeds or crushing them,
and mixing the crushed seed with water, and finally separating then using
the process of distillation. The type of seeds used are the black ones, the
brown ones and the white ones. The oil produced by these seeds has a
strong smell that is similar to that of cabbage. The taste is nutty. It
contains uric acid, linoleic acid, fatty acids and oleic acid.
Mustard oil is made from pressing the seeds of black, brown and white
seeds. This type has a very strong cabbage like smell. Before research
was conducted, the uric acid content of this substance caused it to be
considered as unsuitable for human consumption in countries such as
Canada the United States. After successful research, it was found out that
this oil when heated could be safely consumed by humans. When heated,
the nutty taste and the harmful substances are greatly reduced in the it. It
also acts as an antioxidant and has cholesterol reducing properties that
help detoxify the body.
This type of oil is used as a preservative and for flavoring Western foods
and Indian recipes. It can be used to flavor chutneys and pickles. It is not
expensive and is commonly used in countries such as Bangladesh and
India. It is not only economical but also helps prolong and maintain a
person's good health.
541 K.CAL
8.5 g
39.7 g
23.8g
20g
4.2g
1.8g
20-29%
Mustard oil, according to the American Heart Association, which lays down
that saturated fat intake in our diets should be a bare minimum conforming
to strict standards. In fact Dr. Narender saini, a world renowned cardiologist,
claims that mustard oils oxidative stability is unmatched. No other edible
oil is more stable the that of mustard oils intrinsic potential to remain
unaffected by storage conditions, the processing environment and the
concept of shelf life. The fatty acid composition of common oilseed crops
Further, M.S.O. has the highest quality of naturally available linoleic acid, a
mono unsaturated fatty acid (MUFA) with heart-healthy properties. This
fatty acid cannot be sourced externally from other foods.
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IIMT GROUP OF COLLEGES, Greater Noida
The intense interest in the N-3 polyunsaturated fatty acids has encouraged
investigators to rethink the conventional wisdom on saturated and N-6
polyunsaturated fatty acids. After rigorous research in the 1990s, there are
now confirmed reports about mono unsaturated fatty acids being as
effective or rather more effective n lowering blood cholesterol levels.
Mustard oil is the richest source f MUFA and is, therefore, responsible for the
low incidence of atherosclerosis in india as compared to the population of
USA consuming a high proportion dietary fats. It has also been suggested
by the heart Research laboratory, medical hospital and research central,
Moradabad, that fish oil, possible due to the presence of N-3 fatty acids,
may provide rapid protective effects in patients with acute myocardial
infarction.
The above data reinforces the intrinsic value of the nutritional benefits of
mustard oil.
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IIMT GROUP OF COLLEGES, Greater Noida
As compared to demand growth for edible oils, the domestic oil and oilseed
production has remained largely stagnant on account of low productivity in
under-irrigated areas and shifting of acreage from oilseeds to other crops.
This has resulted in a significant demand-supply gap, which has been met
through imports which have been further incentivized by a sharp cut in
import duties. In the period from 2001 to 2008, import duties on crude soya
bean oil / palm oil were in a prohibitively high range of 40%-90%. In order to
curtail inflation, GoI revised these protectionist tariffs downwards to 7.5%
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IIMT GROUP OF COLLEGES, Greater Noida
for refined palm / soybean oil and 0% for crude palm / soyabean oil in April
2008, resulting in a surge in volumes of imported oils that currently meet
almost 45-50% of domestic consumption requirements.
Reduction in import volumes witnessed for the first time in the last three years during
H1OY2010-11; nonetheless, high dependence on imported oils is expected to continue
Edible oil imports witnessed a sizeable 21% y-o-y reduction in H1 OY201011 (November 2010- April 2011), as can be observed in Chart 4. This has
largely been on account of relatively higher domestic oilseed availability
(~29-30 MT expected for OY2011 as against 24.9 MT for OY2010) and
consequently higher domestic oil production. The high crude palm oil prices
(trading almost at par with soya during December 2010- February 2011),
following concerns over production estimates in Malaysia, also resulted in
lower imports, as edible oil players resorted to running down of inventory
levels. The subsequent improvement in estimates of palm oil production has
led to some correction in prices, which coupled with forthcoming festive
demand is likely to revive import volumes in H2OY2011.
Considering the current year domestic edible oil supply of 8.0-8.5 million
tonnes per annum and factoring a normal growth of 2%-3% (through
moderate expansion in cultivated area and yield improvements) in
supply, ICRA expects the significant gap between domestic demand and
supply to persist; and result in continued import dependence for at least
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IIMT GROUP OF COLLEGES, Greater Noida
Apart from price, consumption is also influenced by regional preferences; palm, soyabean and
mustard oil are the three major edible oils
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IIMT GROUP OF COLLEGES, Greater Noida
STATUTORY REGULATIONS
The Vegetable
Oil
Industry
is
administered
through
the
following
regulation orders which are statutory in nature and derive their powers
from the Essential Commodities Act:
Vegetable Oil Products (Regulation) Order, 1998; Edible Oils Packaging
(Regulation) Order, 1998; Solvent Extracted Oil, De-oiled Meal and Edible
Flour (Control) order, 1967.
RESEARCH DESIGN:
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IIMT GROUP OF COLLEGES, Greater Noida
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IIMT GROUP OF COLLEGES, Greater Noida
P mark Outlets
Each customer will be provided with a code which will comprise of the
initials of the depot they belong to. Eg. A customer of MTC will be given a
code MC-1, MC-2 and so on. And a customer of UBL will be coded as UC-1,
UC2 and so on.
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IIMT GROUP OF COLLEGES, Greater Noida
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IIMT GROUP OF COLLEGES, Greater Noida
Research Methodology :
The method used in context of this research design is:
(1) Experience Survey
The scope of the current study restricts itself to the satisfaction level of the
rebate outlets of the puri oil mills ltd. Company, new Delhi. There are many
outlets but my study is limited to schemes outlets of puri oil. The scope of
my study is also restricted to Delhi region only.
Sampling Technique
Probability Sampling Technique
Systematic sampling
Cluster sampling
Then, randomly selected the final list of subjects from the different
strata.
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IIMT GROUP OF COLLEGES, Greater Noida
Secondary source:
o Journals
o Newspaper & Media
o Internet.
Data was collected through direct personal interviews with the target
population through a formal questionnaire consisting of both structured and
unstructured questions.
Sample Size
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IIMT GROUP OF COLLEGES, Greater Noida
Pilot Study:
Pilot study was carried out by discussing the questionnaire with the
industry mentor & by personally interviewing some p mark outlet owners
from the nearby place with the sample questionnaire prepared. After
reviewing, it was found that no major changes were needed in the scope of
the project & questionnaires. Only a few minor modifications in the
wordings of questionnaire were required which were incorporated in the
questionnaire, after which it was decided to go on further with the research
& to continue with the study in the same methodology in order to attain the
objectives.
Universe:
sales promotion
Population:
Retail outlets of puri oil mills ltd.
Target population:
schemes outlets
Sample frame:
delhi region
Sample:
Sample size:
The size of the sample is 100
Sample unit: schemes Retail Outlet owners of p mark
Questionnaire:
Outlets Name _________________________________ Distt.
Name________________________
Address _____________________________________Contact _________________
___________
1. We are satisfied with the amount/no. of bottles being provided to us as
schemes:
(a) Highly disagree (b) Disagree
Highly agree
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IIMT GROUP OF COLLEGES, Greater Noida
Any suggestion
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IIMT GROUP OF COLLEGES, Greater Noida
DATA ANALYSIS
IMPORNANT NOTE:The numeric values on the each graph and in all table in the entire
report are number of housewives.
chart.
1 -P MARK
2- KANODIA
3-FOURTUNE
4-NATUREFRES
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IIMT GROUP OF COLLEGES, Greater Noida
5-OTHER
2. PROBLEM OF P MARK
8% SCHEMES
12%RATE
34% OTHER
3. Promotional activity
14% INSHOP
10%TIE IN PROMOTION
42%ADVERTISEMENT
34%OTHER
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IIMT GROUP OF COLLEGES, Greater Noida
4. Promotional schemes
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IIMT GROUP OF COLLEGES, Greater Noida
28% MARGIN
41% QUNTITY SCHEMES
16% OTHER
CHAPTER SUMMARY
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IIMT GROUP OF COLLEGES, Greater Noida
This chapter deal with the various results or conclusions that have evolved
from the various data & information gathered during the research of this
project, & which are mentioned in the previous chapters.
Keeping all these factors in mind the data has been analyzed and
recommendations given in the truest sense.
CONCLUSION
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IIMT GROUP OF COLLEGES, Greater Noida
Based on the survey it was found out that in spite of the presence of
so many brands in the mustard oil market, the consumers are still left,
wanting for more
. Sales promotions can provide consumers with an array of
hedonic and utilitarian benefits beyond monetary savings. Hedonic
benefits include value- expression, entertainment, and exploration.
Along with simple monetary savings, utilitarian benefits also
include product quality and shopping convenience.
Non-monetary promotions provide more hedonic benefits and fewer
utilitarian benefits than monetary promotions. All benefits, except
quality, contribute to the overall evaluation of
monetary and
nonmonetary promotions. However, each type of promotion is
primarily evaluated based on the dominant benefits it provides.
Major problem are brand awareness.
Sales promotion activity
Point-of-purchase displays
75% of the outlets who preferred a P mark like this are concerned
about the quality but problem are margin
RCOMMENDATIONS
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IIMT GROUP OF COLLEGES, Greater Noida
BIBLIOGRAPHY
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IIMT GROUP OF COLLEGES, Greater Noida
1.
2.
3.
4.
Marketing management:
The Economic Times:
www.purioilmills.com
Philip Kotler
News paper
www.icra.in
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IIMT GROUP OF COLLEGES, Greater Noida