A Project Report On "A STUDY On
A Project Report On "A STUDY On
A Project Report On "A STUDY On
Project Report
On
“A STUDY ON RETAILERS SATISFACTION
TOWARDS
WIPRO’S GLUCOVITA
IN
BELLARY DISTRICT”
Submitted to Gulbarga University,Gulbarga
In partial fulfillment of the requirement for the award of
Master of Business Administration
Submitted by
SUNILKUMAR S. KULKARNI
Reg, No.001G-709
Under the Guidance of
Internal External
Prof.Manmath Nath Samataray Mr. ROBERT .Y
Faculty for MBA Sales officer
The completion of this study makes me to recall with gratitude several persons
who have extended their co-operation in one way or the other in this venture.
I express my sincere thanks to Mr. Director Prof. B.B. Patil, I also wish to
giving his valuable guidance and timely support to complete this project
successfully.
I also wish to thank all my friends who helped me in many ways to complete this
SUNILKUMAR S. KULKARNI
has been prepared during my during my academic year 2002-2003 under the
The empirical findings in this report as based on the data collected by teams.
While preparing this report I have not copied from any other report. I also
declare that this report has not been submitted to any other University for award
Date:
Place:
SUNILKUMAR S. KULKARNI
has usefully completed him project work in the partial fulfillment for the award of
Further it is certified that this project or thereof has not been previously
Administration.
Date :
Place : Gulbarga
Director
Further it is certified that this project or thereof has not been previously
Administration.
Date :
Place: Gulbarga
CHAPTER 1
CHAPTER 2
Theoretical Background
CHAPTER 3
CHAPTER 4
CHAPTER 5
5.1 Findings
5.2 Conclusion
5.3 Suggestion
Annexure
Bibliography
The retailers have the potential to know their consumers better than
consumer manufacturers ever could. They are truly the buying agents
for the consumer’s world. The overall efficiency and consumer focus
that the rise of the power retailers has helped put the customers focus
more than ever on the consumer. The way to win with power retailers
that come from doing so. Marketers need more than power brands to
get their “ faire share” of the profits. They need smart promotion plans
and smart negotiation skills and should be clear about what they want.
today. Work closely with the sale force to create program that address
the customer get in the way of your ( the marketers) primary force: the
consumer
Glucovita.
Glucovita.
Glucovita.
know the opinion about the new product and how they deal with
industries, permitting free entry and free exit to any firm. So,
easy answering.
The study was conducted for Wipro Ltd in and around of Bellary
district.
data.
PRIMARY DATA:
area.
200 sample taken from in and around Bellary district. out of 200
study
SECONDARY DATA:
RETAILING
service or where they are sold (in a store on the street or in the
consumer’s home)
Types of retailers
organization.
type many of which are found in most countries fall into eight
and decline that can be described as the retail life cycle. A retail
maturity and then declines. Older retail form took many years to
reach maturity, but newer retail forms reach their maturity much
operating cost.
high staffing cost along with the higher proportion of the specialty
assortment and high value added. Stores in this quadrant pay close
attention to store design product quality, service and image. This profit
margin is high and if they are fortunate enough to have high volume, they
2) Tiffany typifies stores that features a narrow line and low value added.
Such stores appeal to price conscious consumers. They keep their cost
3) War mart typifies stores that feature a broad line and low value
being a place for good buys. They make up for their low margin by
through stores nonstore retailing has been growing much faster than store
sold through non-store retailing by the end of the century. Non store
as third of all general merchandise retailing being done through non store
Retail Organization:
attract and hold customers. In the past, they held customers by offering a
better services than competitors, and store credit cards to enable their
buyers to buy on credit. All of this has changed today many stores offer
similar assortment. National brands such as Calvin Klein lzod and lever
now found in most department stores mass merchandise out lets and off
price discount stores. In their drive for volume the national brand
manufacturers placed their branded goods every where. The result has
been that retail stores and other retailers have grown to look more and
more alike.
have trimmed their service and many discount’s have increased their
get credit cards have become almost universally accepted by all stores.
For all these reasons, many retailers today are rethinking their
discount houses and specialty stores department stores are waging come
family incomes are higher. Others are running more frequent sales,
opening larger stores carrying a larger number and variety of items and
profit margins.
the target market is defined and profiled, the retailer cannot make
Too many retailers have not clarified their target market they are
satisfying none of them well. Even seals which service so many different
people must define better which groups to make its major target
customers so that it can fine tune its product assortment prices locations
Some retailers have defined their target market quite well.here are
two prime examples whose founders are among the richest men in the
United States.
thus in the restaurant business, restaurant can offer a narrow and shallow
assortment and quality level has been defined. There will always be
competing retailers. Thus shops might get exclusive right to carry the
branded merchandise.
run month long shown featuring the goods of another country. Such as
some portion of its merchandise every month so that customer will want
6) Offer a highly targeted assortment: Lane Bryant carries goods for the
larger women. Brookstone offers unusual tools and gadgets for the
buying. In large firms buying is a specialized function and full time job.
the authority to accept or reject new item. In other chains, they are limited
to screening obvious rejects and obvious accepts they bring other items
individual stores in the chain may not carry it. According to one
sell or buyers buy, the person who has the greatest influence on the final
sale of the new item is the store manager”. In the nations chain
supermarkets two third of the new items accepted at the warehouse are
ordered on the store manager’s own decision and only one third
onto store shelves. They offer the nation’s supermarket between 150 and
250 new item each week of which store buyers reject over 70 percent.
Store buyers also delete one item for every new item since store space is
decision to accept a new item. They found that buyers are most
compute economic order quantities prepare orders and generate print out
by-store basis. for example public and Florida has installed large floral
(DPP). Which enables them to measure products handling costs from the
time it reaches their warehouse until a customer buys it and takes it out of
their retail store. DPP measures only the direct cost associated with
checking, loading and space cost. Resellers who have adopted DPP learn
to their surprise that the gross margin on a product profit. For example
some high volume products may have such high handling cost that they
are less profitable and deserve less shelf space than some low volume
products.
Price decision:
The retailers prices are a key positioning factor and must be decide
in relation to the target market the product and service assortment mix,
achieve high volume but usually the two-do not go together. Most retailers
fall into the high mark up lower volume group (fine specialty stores) or the
stores). Within each of these groups there are further gradations. Thus
X’s on Redeo Drive in Beverly Hills prices suits starting at $1000 and
shoes at $400 fall in excess of the prices of fine department stores. At the
other extreme 47th street photo in New York City is a super discounted of
and catalog houses. Some brands such as the tag line of appliances.
Retailers must pay attention to pricing tactics most retailers will put
low price on some item to serve as traffic builders or loss leaders. They
will run storewide sales on occasion. They will plan markdowns on slower
their shoes at the normal mark ups, 25% at a 40% mark up and the
of every day low pricing. EDLP could lead to lower advertising costs,
greater pricing stability and higher retail profits. General motors Saturn
division, dealers refuse to bargain one of the wal mart’s major customer
appeals is its every day low prices. In 1989, sears introduced ELDP only
to abandon it a year later because its costs could not support the EDLP
practicing every day low pricing are often more profitable than those
price pressure. Both firms will be tempted to run occasional sales in the
purchases. They place ads run special sales, issue money saving
points. Each retailer must use promotion tools that support and reinforce
its image positioning. Fine stores will place taste full-page ads in
magazines such as vogue and harpers. They will carefully train their sales
the idea of bargains and large saving while staining on service and on the
Price decision:
Like real estate agents, retailers are accustomed to saying that the
three keys to success are location and location. For example customer
primarily choose the nearest bank and gas station. Department store
chains oil companies and fast food franchisers must exercise great care
the country in which to open outlets, then particular cities, and then
in the Midwest and Southeast, within the Midwest, in the cities and
region in14 location mostly suburban. Two of the savviest location expert
in recent years have been the off price retailer T.J. Maxx and toy store
giant toys R us. Both retailers put the majority of their new locations in
winner in the “place race” is Wal-Mart, whose strategy of being the first
mass merchandiser to locate in small and rural markets has been one of
The larger the individual stores, the greater there trading area or reach.
trafficked city area often known as “downtown”. Store and office rents,
such as Detroit’s have been hit by a flight to the suburbs. The result has
over 200 stores. they usually draw customers from a five-mile to twenty-
mile radius. Typically, the malls feature one or two nationally known
anchor stores, such as J.C Panneyor Lord and Taylor and a great number
recreational facilities. Successful malls charge rents and may get a share
needs for groceries, hardware, laundry and gasoline. They usually serve
Dunkin Donuts- are locating new smaller units as concession space within
caldors.
retailers must decide on the must advantageous location for their outlets.
counts several models for site location have also been formulated.
at four dictators.
trafficked location, not enough passers by drop in too many drop ins
browse but do not buy, or the buyers do not buy very much. Each
competitive strategies.
retail form. A New York bank will deliver money to its important
New retail forms are facing a shortening life span. They are
Non-store retailing:
allows them to put in such amenities as cafes and bathrooms for their
example, Barnes and Noble superstores and Borders books and music
Yet the news is not all bad for smaller companies. Many small
size and marketing muscle are often no match for the personal touch
small stores can provide or the specialty niches that small stores can
Polarity of retailing:
carried. High profitability and growth have been achieved both by mass
squeezed out.
Portfolio approach:
new store formats targeted to different lifestyle groups. They are not
sticking to one format, such as department stores, but are moving into
scanner, radar like system that counts store traffic. When a New
handle the shopper flow, the store varied lunch hours for its counter
clerk. Pier one imports uses the same system to test among other
traffic and sales data, retailer’s say they can find out how well the
PRODUCT LAUNCH:
their best to supply them. Each year over 16000 new products are
introduced.
Only 10% of all new products are truly innovative and new
to the world. These products involve greater cost and risk because
success
New products?
Number one success factors are a unique superior product for ex-
1. Idea generation
2. Idea screening.
5. Business analysis
6. Product development
7. Market testing
8. Commercialization.
the product. By estimating how much time each activity takes, the
planner estimate the completion time for the entire project. Any delay
in any activity on the critical path will cause the project to be delayed.
customers learn about new products, try them, and adopt or reject
products or innovations.
perceived by someone as new. The idea may have long history, but it is
innovation.
decide when to enter into the market : market pioneers may have a
attempt to improve the product, enter the new market segments and
maturity in which sales growth slows and profit stabilize. The company
and profits. The companies task is to identify the truly weak products,
and finally phase out weak products in a way that minimizes the hard
their passion for quality and their commitment to consumers. this drive
interests.
uncompromising integrity.
India.
of 'product-out', which is the way the world has been operating for
Wipro Shikakai, Wipro Baby Soft and Wipro Lighting products. He also
Officer of the Group in 1999 and prior to that he was the Group
President.
close to a decade.
days. In 1995, he took over as CFO for the entire Wipro Corporation,
Internal Audit function and the Treasury function to make them major
Wipro that it accessed the capital market, the first time being as early
as 1946.
performed. Higher the Sigma level, lower the number of defects. For
mistakes. At Six Sigma level, the defect rate drops to 3.4 mistakes in
The methodologies under Six Sigma covers all areas of the business
they decide to embrace Six Sigma as their vehicle for change and
transformation.
makes us a unique players in this field. Our consultants are all senior
Wipro Infotech
Services and Platforms in India and is all set to offer high end
Technology Services and Solutions for the Asia Pacific and the Middle
East markets
Wipro Consumer care and Lighting is the FMCG arm of Wipro Limited
existing brands, each of which is the promise of good health and value
for money. Its brands include Santoor, Wipro Shikakai, Wipro Active
WiproGEMedicalSystemsLimited
Chairman
Managing director
Vice president
General manager
Sales Officer
MANAUFACTURING UNIT
SUPER STOCKIEST
RETAILER
CONSUMER
SOAPS
1. Santoor1000gm
Santoor 150gm
SHIKAKAI SOAP
1. Baby soft
4. Baby tale
5. Baby oil
6. Diapers
7. Nappi pad
8. Feeding bottle
1. Sunflower 1 kg
2. Sunflower 500gm
3. Sunflower 200kg
LIGHT
2. Wipro Bulb 60 wt
GLUCOSE
1. Glucovita
Table No.1
From the table it was inferred that out of 200 responds, there were
area.
Others
6%
Medical
stores
Kirana 36%
stores
34%
Departmenta
l stores
24%
Glucose
From the above table it was inferred that in and around of bellary dist.
Dabur
Others 22%
27%
Heinz
18%
Wipro
16%
Glaxo
17%
Form the above table it was found that 94% of the respondents sold
glucomin more, and 90% sold Dabur, 68% and 62% said Heinz and
Glaxo respectively.
70
60
volume in percentage
50
40 Low %
Average %
30 High %
20
10
0
Wipro Dabur Hienz Glaxo Other
Brands
Table No 4
0%
11% 0%
3%
5%
81%
Table No 5:
Opinion num of
respondents
yes 120 60%
no 180 40%
From the above table it was found that 60% of the respondents were
yes
40%
no
60%
yes no
Table No 6:
parameters
Sr. no Rating
Parameter
1. Brand 10 93 17
Awareness
2. Quality 72 43 5
3. Taste 34 52 34
4. Price 38 82
5. Packaging 22 98
6. Visibility 12 108
From the above table it was found that 100% respondents rate
Visibility
Quality
Brand
Taste
Awareness
Price
1 2 3 4 5 6
140
120
100
80 Num ber of
60 re s p o n d e n ts
40
20
0
Dabur
Heinz
Wipro
Glaxco
(glucomin)
Others
Table No 8:
From the above table it was found that 139 respondent were selling
customers of glucose.
Table No 9:
From the above table, it was found that 160 respondents were selling
glucovita.
180
160
160
140
120
100
80
60
40 31
20 9
0
Dabur Heinz Others (glucomin)
Respondents
From the above table it was found that 78 respondents gave not so
be high.
60
50
39
40
30
20
10 3
0
0
Very high High Not so high weak
Preference
Table No 11:
Responses No of respondents
Yes 168
No 32
160
140
120
No. of respondents
100
80 Respondent
60
40
20
0
50gm 100gm
packet size
preferred by consumers
S Period No of
respondents
1 Weekly 49
2 Fortnightly 44
3 Monthly 75
above table it
80 75
70
60
no of respondents
49
50 44
40 32
30
20
10
0
Weekly Fortnightly Monthly Yearly
period
No of respondents
80
71
70
60 53
50 47
40
29
30
20
10
0
Weekly Fortnightly Monthly Yearly
No. of respondents
Table No 14:
100
90 86
80
70
60
50 42
40 35
30 21
17
20
10
0
Gift Window Free Price others
samples discounts
No. of respondents
Findings:
stores and other departmental stores are the only places where
(not so high ).
7. Most of the retailer had the opinion that the company may not
take the promotional measures such as gift for the new product.
5.2 CONCLUSION:
mush in demand as it deals with the health care in FMCG’S sector and
the costumers does not pay mush interest regarding the brands of glouse
so it does not affect the purchasing division, but still due to some
percentage of demand by the customers the retailers try to push the local
product.
More over the retailers resist accepting the Glucovita as they are
activities it may boom the sales as the main target is the costomer who
5.3 SUGGESTIONS: