The importance of the Summer Internship Programme (SIP) which every
management student has to undergo as a part of his/her course curriculum can never be overemphasized. The SIP provides a student with a golden opportunity to have a first hand nowledge and e!perience of the manner in which the corporate world functions" apart from providing the student with a platform to apply the concepts learned in the classroom in a practical set up. It also enables a student to e!perience the comple!ities of the real business world" and the practical survival strategies in the marets. #nd finally" summer placement can be very instrumental in securing for one self a $ob in one%s dream sector. I must admit that it has indeed been a matter of privilege for me to have undergone our SIP at &arico 'td. The pro$ect which I was ased to undertae" was interesting and challenging" and provided me with ample scope for learning. The pro$ect basically dealt with all the aspects of marketing. &y areas of study were two distributors of &arico" out of the total four. I have tried to do full $ustice to the faith shown on me by our institution as well as the organization. I invite the readers of this report to indly bring the mistae to notice . . Sukanya Medhi 63/D/2007 #cnowledgement
I wish to place on record, my deep sense of gratitude to The Director of Assam Institute of Management, Sri Shantikam Hazarika for forwarding my name to Marico Ind. td., for my Summer Internship !rogramme. I offer my sincere gratitude to Mr. "ishant #upta, Area Sales Manager "$%, Marico ltd, Mr. "ishant #upta, for his e&pert ad'ice and 'alua(le guidance throughout the preparation of the pro)ect. In spite of ha'ing a 'ery (usy schedule Mr. "ishant #upta has contri(uted immensely to my pro)ect at e'ery stage. His 'alua(le guidance has (een a source of inspiration. I am e&tremely grateful to Mr. "ishant #upta, for pro'iding me an e&ecuti'e training of * weeks, and I am sure that this training as well as the pro)ect will definitely add much credence to my pro)ect. I take the pleasure of e&pressing my heartfelt gratitude to Mr. +hittaran)an !athak, Territory Sales ,fficer -TS,., Marico td., for (eing my constant #uide throughout the entire pro)ect. I would like to thank Mr Sofik /l Islam, Depot Manager, Marico imited, #uwahati for pro'iding knowledge at e'ery stage of our pro)ect. astly, I am grateful to all the other employees of Marico ltd, Sati Agency and Hiralal !rakash +hand, for their kind help and cooperation. Their friendly and hum(le nature made me feel 'ery comforta(le while communicating. I offer my sincere gratitude to my institutional pro)ect guide Md. Irfan /llah, 0aculty, Assam Institute of Management, for his all throughout guidance and support. Suanya &edhi (!ecutive Summary TIT'( )* T+( P,)-(.T / # study on the mareting activities of &arico Industries 'imited in the 0uwahati maret 1 2ew Product Installation" Infrastructural 0ap #nalysis" Physical 3elivery System" .ompetition &apping" &edia &i! Selection and .onsumer Switching 4ehavior. 2#&( )* T+( ),0#2IS#TI)2 : &arico Industries 'imited" 0uwahati P,)-(.T 35,#TI)2 : 67 th #pril" 899: to 6: th -une" 899: (8 months and 6 day) P+;SI.#' T(,,IT),; ST53I(3 / 2arengi" <alapahar" =oo Tiniali" #thgaon" ,ehabari" 5lubari" ,upnagar" 'alganesh" 0aneshguri" <hanapara" .handmari" Silpuhuri" *atasil" 0&." 0.S. ,oad"
),0#2I=#TI)2#' 05I3(S / &r. 2ishant 0upta, #rea Sales &anager" 2(," &arico Industries 'td." 0uwahati &r. .hittaran$an Patha" Territory Sales )fficer" &arico Industries 'td." 0uwahati )4-(.TI>(S 1 i) To study the 2ew Product 'aunch Process (2P'P) of two new products of &arico? Saffola #ctive and ,evive 'i@uid" and place them in the maret. ii) To assess the status of penetration level of the company%s products and ensure cent percent penetration. iii) To identify any gap in the present maret infrastructure of &arico" and suggest measures to increase the same. iv) To select the best possible media mi! for advertising 2ihar hair oil" and preparing a monthly budget for launching the advertisement campaign. v) To map the competitors of &arico in the hair oil and refined oil segment. vi) To study the consumer switching behavior in purchasing hair oils and refined oils. vii) To study the physical delivery system of the company%s products from a specified distributor" and suggest measures to improve the same system. &#-), *I23I20S / i) 3ue to geographical constraints" the 3S, doesn%t pay regular visit to all the outlets. The delivery units do not deliver to all the scheduled parties on time. This result in baclog or frustration of the retailer" in turn the outlets turn inactive. ii) There is a wide gap of A99 outlets as far as the infrastructure of &arico is concerned. iii) #n agency named .houdhury #gency" which earlier was a distributor of &arico" now taes advantage of this Bsipping overC by the 3S, and the delivery units" and they fulfill the already placed orders" which were not fulfilled by the distributor. iv) &any retailers as well as consumers don%t recognize the other brands of &arico by the company name. ,ather they call other products as one from Parachute company. v) The biggest competitor of &arico in the coconut hair oil segment is 3abur >atia" in the perfumed hair oil segment is 4a$a$ almond 3rops" and amongst refined oils are *ortune (from price point of view). &#-), ,(.)&&(23#TI)2S / i) The punch line for 2ihar advertisement was suggested by me as Bhula sulir $aduC and Bhula suli" sundar suliC" and these were implemented by the company. ii)The 3S, should be properly trained about the newly launched products before placing them. They should be given (ffective coverage target along with the 'ines Per 3ay. #lso" giving monthly infrastructure e!pansion targets would be great. iii) The TS) should pay surprise visits to the 3S, and the delivery units in the maret. The tolerance level on part of the .ompany for distributor turnover" TS) performance" 3S, and delivery unit output should be reduced. iv) &ore promotional activities need to be done for new as well as e!isting products. v) &arico should go for e!pansion in the instant food segment" as the prospects are very good there. Table of .ontents +hapter "um(er +hapter "ame !age "um(er 3eclaration .ertification on (!ecutive Training Preface #cnowledgement (!ecutive Summary 6 Introduction 23* 2.2 Marico4s 5usiness !rofile 2 2.* !roduct !ortfolio * 8 ,esearch )b$ective and ðodology 6322 *.2 "eed for the pro)ect 6 *.* ,()ecti'e 637 *.6 Methodology and Sampling !lan 839 *.7 $&plaining the :uestionnaires 2;322 *.8 imitations 22 D #nalysis and *indings 2*389 6.2 Installation of "ew !roducts De'eloped 2*327 6.2.2 Introduction 2* 6.2.* 0indings after installation 2*326 6.2.6 +ase e&periences 26327 6.* Serviceability of &arico 283** 6.*.2 Defining Ser'icea(ility 28 6.*.* Aspects to (e pro(ed 2832< 6.*.6 +ase e&perience and 0indings 2<32= 6.*.7 Analysis on Marico +o'erage 2=3** 6.6 Physical 3elivery System *63*> 6.6.2 Defining !hysical System *6 6.6.* Analysis and findings *73*< 6.6.6 +ase $&periences *<3*> 6.7 .ompetition &apping *=37* 6.7.2 Defining +ompetition Mapping *= 6.7.* Identifying the competitors in the hair oil and refined oil segment *=372 6.7.6 Display related findings 7237* 6.8 &edia &i! Selection 7*386 6.8.2 Defining media mi& 7* 6.8.* +riteria for selection of media mi& 7* 6.8.6 Analysis and findings3 A. %adio, 5. Tele'ision, +. !rint Media 7*37= 6.8.7 Analysis3 pros and cons 79382 6.8.8 +onclusion on media mi& 8* 6.8.< Aspects to (e pro(ed for monthly (udget preparation 8*386 6.< .onsumer Switching 4ehavior 86389 6.<.2 Defining +onsumer Switching 5eha'ior 86 6.<.* Aspects to (e pro(ed while studying +onsumer Switching 5eha'ior for refined oil and hair oil 86 6.<.6 Analysis and findings 87389 6.<.7 %etailer4s inputs 89 E ,ecommendations and suggestions <;3<9 7.2 %ecommendations <;3<> 7.* My contri(ution to Marico <=3<9 #nne!ure I? ?uestionnaire for retailers >;3>6 #nne!ure I? ?uestionnaire for +onsumers >63>7 %eferences >7 ist of outlets 'isited >83 A STUDY ON THE MARKET ACTIVITIES OF MARICO IN THE GUWAHATI MARKET- NEW PRODUCT INSTALLATION, INFRASTRUCTURAL GAP ANALYSIS, PHYSICAL DELIVERY SYSTEM, MEDIA MIX SELECTION, COMPETITION MAPPING AND CONSUMER SWITCHING BEHAVIOR (AT MARICO INDUSTRIES LIMITED) A report Submitted in partial fulfllment of te !o"t #raduate Diploma in $u"ine"" Mana%ement A""am In"titute of Mana%ement Submitted b&' Su(an&a Medi Roll No' )*+D+,--. Organizational Guide: Institutional Guide: Mr/ Ni"ant #upta Md/ Irfan Ulla Area Sale" Mama%er0NER, 1a2ult&0 &arico Ind. 'td."0uwahati #I& .+#PT(, E ,(.)&&(23#TI)2S and S500(STI)2S E.6 ,ecommendations E.8 &y contribution to &arico .+#PT(, D #nalysis and *indings
.+#PT(, 8 ,esearch )b$ectives and ðodology 8.6 2eed for the pro$ect 8.8 )b$ectives 8.D ðodology and sampling plan/ 8.E (!plaining the @uestionnaires 8.F 'imitations .+#PT(, 6 I2T,)35.TI)2 6.6 &arico%s 4usiness Profile 6.8 &arico%s Product Portfolio