Escolar Documentos
Profissional Documentos
Cultura Documentos
PROFESSIONAL COLLEGES
LUCKNOW
2017-18
Acknowlegements
I hereby take this opportunity to express my deep gratitude to
the persons who made this project successful and possible.
I would like to thank SRMCEM, for providing me an
opportunity to take this project work and to my guide Mr.
VIJAY SINGH, under whose supervision and guidance whole
of the project has been completed.
I am sincerely thankful to Mr SUNIL SRIVASTAVA Deputy
Manager MALAYALA MANORAM Pvt ltd. for permitting me
to do the project work and submitting the report in department
and for continuous motivation.
My sincere thanks to OTHERS MENTOR NAME Team Leader,
for his valuable guidance that was of great help during the
project and helped me in completing this project successfully.
Lastly I am thankful to my colleagues and friends who have
directly or indirectly extended their cooperation and suggestion
in completing the project.
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Preface
Sales management is an integral part of management. The sales team are
the implemental of marketing strategy and tactics of the customer
interface. Modern sales management is not about leading a team of foot-
in- the- door salesperson. It is a complex and disciplined mix of
marketing skills, professional selling and negotiation skills, people
management skills ( including selection, motivation, communicating and
training) sales strategy and tactical planning skills, data management
and monitoring skills. The material coverage of this text addresses many
of these topics in a practical way that sales managers can use in self
development, or adapt to team development needs.
Fundamental to the success of any organization is its relationship with
customers. Today the relationship between companies and their
customers is in a period profound change. Technology, globalization,
ethical concerns, corporate strategic decisions and a host of other issues
Have created a revolution in the selling process. Customers are no longer
interested in working with companies that cannot add substantial value of
their business. The objective of the project is to enable the students to
understand the application of the academics in the real business life.
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TABLE OF CONTENTS
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EXECUTIVE SUMMARY
in lucknow & delhi ncr. This idea appealed as in this way the institution
would be able to communicate with its prospective students.
For the premium clubs, the proposed selling strategy was similar to that
adopted for golf courses with the monthly bill are being sent with the
magazine by The week and hence the club saving the cost involved in
dispatching the bills.
The idea proposed to car rental companies was that they can increase
their business if their customers are satisfied by their services and would
come back to them again. Newsweek being an International
Newsmagazine, if kept in the cars that they rent out would be highly
appreciated by their customers as during the journey they would be able
to read the magazine that they associate with.
Hotels keep magazines in the following places: Rooms, Business
Centers/ Lounges, Public Places and cars. The option offered to the
hotels was cover-on-cover wherein they could advertise about the hotel
on the cover at the back and front of the magazine
The concept given was that initially The week was as follows: The week
would distribute free copies of the magazine on a weekend when the
business is high. And take the details of the customers. In the next step,
the magazine with a flap containing the discount coupon for a weekday
would be sent by the PVR Cinemas to these cinema-goers who had come
to watch a movie on weekend. Hence, on receiving a discount coupon,
there is a high probability that the cinema-gore will come to watch the
movie.
Other Segments suggested that could be opened are :
- Investment Firms
- Pharmacy Companies
- Builders
- Credit Card Companies
- MBA Institutes
- Builders
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PRINT MEDIA
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The first printing press arrived in India on 6th September 1556 and was
installed at the college of St.Paul in Goa.
Assamese:-
Amnodaya, a distinguished journal in the Assamese language was started
in 1846 under the editorship of the Rev. Oliver.T.Cutter.
Gujarathi:-
The newspaper with the greatest longevity in India, Mumbai Samachar
was also the first Gujarati Newspaper. It was established in 1822 by
Farduvji Marzaban as a weekly and then became a daily in 1832.
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Hindi:-
The first Hindi daily was samachar Sudhavarshan (Calcutta, 1854). Later
Samayadant Martand, Banaras Akhbar, Shimila Akbar andMalwaAkhbar
came out.
Calcutta was the birth place not only of English, Bengali and Hindi
journalism. The first Urdu newspaper was published by Urdu Akhbar in
the second decade of the 19th century.
Kannada:-
Kannada Samachar was the earliest Kannada journal, according to many
scholars. But others think that the first Kannada journal was Mangaloora
Samachar. Later Subudhi Prakasha, Kannada Vaatika, Amnodaya,
Mahilaasakhi andSarvamitra came out during the 18th century.
Malayalam:-
Mathrubhumi, Malayala Manorama, Kerala Kanmudi are the main
newspapers of Kerala. The other daily newspapers are Desabhimani,
Mangalam, Madhyamam, Chandrika, Deepika etc.
Marathi:-
Darpan was the first Marathi newspaper started on 6 January 1832.
Kesari andSudarak were other papers of the 18th century. Induprakash
was an Anglo- Marathi daily established in 1862.
Oriya:-
The first Oriya magazine Junaruna was published by the Orissa Mission
Press in 1849 under the editorship of Charles Lacey. Then came another
publication from the same press Prabhatchandrika, under the editorship
of William Lacey. Utkal Sahitya, Bodhadayini, Balasore Sambad Balika
etc. started in the 18th century.
Punjabi:-
Although Maharaja Ranjit Singh encouraged the development of Punjabi
journalism. The earliest Punjabi newspaper was a missionary newspaper.
The first printing press in Punjab was established in Ludhiana in 1809.
Tamil:-
The first periodical Tamil Patrika a monthly was brought out in 1831 by
the Religious Tract Society in Madras; it lasted till 1833.
The next periodical weekly was the Dina Vartamani published in Madras
from 1856 by the Dravidian press and edited by the Reverend P.Percival.
Later Swadeshamitran, Deshabaktan etc. were other papers.
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Telugu:-
KandukuriVeeresaliongamPantulu, known as the Father of the
renaissance movement in Andhra and the founder of modern Telugu,
sparked a social reform movement through his weekly Vivekavardhini.
He also founded separate journals for women; Satihitabodhini.
Urdu:-
Sir Sayyid Ahmed Khan, a great educationist, judge and social reformer
did much for the development of Urdu journalism.
In 1947, the major English newspaper in India were the Times of India
(Bombay), Statesman (Calcutta), Hindu (Madras), Hindustan Times
(New Delhi), Pioneer (Lucknow), Indian Express (Bombay and Madras)
Amrita Bazaar Patrika (Calcutta), National Herald (Lucknow), Mail
(Madras) andHitavada (Nagpur). Of these, the Times of India, Statesman
and Pioneer were under British ownership till 1964, when it came under
a group of Indian business.
During the long struggle for India‘s Independence, the major English
newspaper that served the national cause were the Hindu (1878), Amrita
Bazaar Patrika (1868), Bombay Chronicle (1913), Free Press Journal
(1930, it became Indian Express) and Hindustan Times (1924). Among
the Indian language newspapers, the prominent ones were Aaj (1920),
Ananda bazaar Patrika (1922), Sakal (1931), Swadeshamitran (1882),
Mumbai Smachar (1822), MalayalaManorama (1890) andMathrubhumi
(1930).
Generally speaking, journalism is flourishing in India today. The Indian
language newspapers have overtaken the English newspapers in number
and circulation. The highest circulation till the 1990‘s was enjoyed by the
English newspapers despite the fact that less than 5 percent of the
population of India claim English as their mother tongue. English is still
the medium of instruction in colleges and many prominent schools. It is
also the language of administration, although state governments have
introduced legislation in favor of local government.
Hindi newspapers have the largest total circulation in India. Hindi is the
main language of 10 Indian states- Bihar, Chattisgarh, Delhi, Haryana,
Himachal Pradesh, Jharkhand, Madhya Pradesh, Rajasthan, Uttranchal
and Uttar Pradesh.
Certain trends in communication and journalism throughout the modern
world prompted several sociologists and media experts to discuss the
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INDUSTRY PROFILE
PUBLISHING
India Magazine Industry Thriving, Big
Players Moving In
When Conde Nast launched its premium
lifestyle magazine Vogue in India last year,
it carried a whopping 168 pages of
advertisements of a total 400 pages.
"It's a fast growing economy and with consumption so robust and with
incomes rising, it's a fertile ground for the print media," says Vivek
Couto, executive director of Hong Kong-based research firm Media
Partners Asia. "There is also a buoyancy in print advertising that is
encouraging new launches and niche publications in particular."
With the economy having grown at an average rate of 8.75 per cent in the
last four years, middle class incomes have risen, boosting demand for
niche magazines on health, leisure and finances.
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The print publication boom in India contrasts sharply with more mature
markets in the West where circulation figures and advertising revenues
are down as readers move to the Internet.
Boom
India in 2005 allowed 100 per cent foreign investment in non-news
publications, keeping the cap for news at 26 per cent.
More recently, private equity firm Blackstone Group put $150 million in
regional publisher Ushodaya Enterprises, Warburg Pincus moved $33
million into the Dainik Group and DE Shaw invested $39 million in
Amar Ujala Publications, according to research firm Venture Intelligence.
News Corp, which has a content alliance for The Wall Street Journal
with HT Media's business daily, is keen on more launches. Pearson,
which has sold its Business Standard stake, is reported to be in talks for a
new venture.
Local firms are also seizing the opportunity: Business Standard and
Bennett, Coleman's Economic Times have launched Hindi and Gujarati-
language editions of their financial dailies. Deccan Chronicle Holdings
has launched a business daily to compete with five others, and new
regional-language and city papers are hitting the stands nearly every day.
Glut
But it's not all good news. The large number of players jostling in the
market place could lead to a drop off in advertising revenues in the
coming years, analysts say. "One of the worries is that publishers are
taking ad revenues for granted," points out Phadnis.
"Everyone thinks it will keep rising, but as early as 2009 we are going to
see a glut in inventory in TV, print and the internet because of so many
players. We will see intense price competition, and smaller firms may be
forced out," he says.
Investors are also chasing only a handful of large media firms, he adds,
nudging up already high valuations: Deccan Chronicle shares trade at
10.3 times forecast earnings, while Jagran Prakashan trades at 19.3 times
and Mid-Day Multimedia quotes at 19.7 times forecast earnings. Rising
newsprint prices are also bumping up production costs.
Still, Conde Nast expects Vogue will break even in its first or second
year of operation compared to an average break-even period of five or
six years in more mature markets, says Alex Kuruvilla, managing
director in India, referring to Europe and the US. "We are optimistic and
bullish," he says of the potential. "But also cautious: In this market, you
have to be smart."
"I am already running out of space," says K.B. Singh, pointing to a low
wooden bench on a busy sidewalk piled high with dozens of glossy
magazines and newspapers. "Where will I put the new ones?"
There are the two main sources of obtaining data to determine readership
of any publication:
National Readership Survey – NRS
Indian Readership Survey – IRS
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Among magazines, Saras Salil (Hindi) leads the pack with a readership
of 7.36 million. A distant second is Kungumam (Tamil) with 3.76
million, followed by Vanitha with 3.52 million readers. India Today
English is fourth with a readership of 3.51 million. Grihashobha (Hindi)
has moved up a notch to number five, and is followed by Tamil weekly
Kumudam, India Today Hindi, Malayala Manorama, Tamil weekly
Anand Vikatan, and Hindi monthly Meri Saheli. Kungumam , Anand
Vikatan , and Meri Saheli and newcomers in the top ten list.
Most English dailies have seen a fall in readership, though on the whole
any English daily readership has shown an increase from the 17,396,000
in IRS 2005 R2 to 17,435,000 in IRS 2006 R1. Both the top two? the
Times of India and Hindustan Times have seen a decline with the former
dropping from 72.87 lakh to 70.84 lakh and the latter from 35.21 lakh to
35.08 lakh. Third-placed Hindu has increased its readership marginally
from 27.87 lakh to 27.97 lakh. Deccan Chronicle’s too has growth from
10.14 lakh to its current 11.32 lakh. The Telegraph (10.82 lakh), Mid
Day (7.37 lakh), Deccan Herald (6.04 lakh), the Indian Express (5.65
lakh), the Tribune (4.83 lakh), the Statesman (4.22 lakh), the Assam
Tribune (3.45 lakh) all have seen fall in readership.
Among English magazines, number one India Today has dropped by 10
per cent from 38.99 lakh to 35.09 lakh. Sister concern Reader’s Digest
too has seen a 12 per cent fall and is at 23.06 lakh from 26.37 lakh.
Filmfare has seen one the steepest falls its readership fell 21 per cent to
16.71 lakh. Outlook has dropped by 11 per cent and is at 11.44 lakh.
Stardust, too, has dropped and is currently at 10.95 lakh in comparison to
the 13.11 lakh in the previous round.
From women’s magazines, Femina, Women’s Era, Cosmopolitan, New
Woman, Elle and Savvy to special interest titles like The Sport star ,
Auto India, Overdrive, Outlook Traveler, Capital Market, Living Digital,
all have seen a dip in readership, with some titles like PC Quest and
Junior Science Refresher dropping by almost 23 per cent.
According to the survey, the number of households has grown by 1.4 per
cent over 2006 to reach 210 million. Individual growth rate has been
slightly lower than household growth rate at 0.85 taking the total 12 yrs +
population to 784 million. With single age-breaks now available from the
Census, the age group data has been realigned. The proportion of the
total share of 20-29 age group has declined from 25 per cent to 23.6 per
cent.
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The data shows that the reach of mass media has stagnated in the last
three years. Press reach has been hovering around at 24 per cent, TV at
55 per cent, radio at 21 per cent, and Internet at 1.5 per cent at the all
India level. In urban India, press and TV have declined. The press reach
declined from 42.9 per cent in 2004 to 41.7 per cent in 2006. Though TV
declined from 80.2 per cent to 78.9 per cent in the last three years, C&S
has shown some growth, from 53.5 per cent in 2004 to 54.4 per cent in
2006.
The main source of revenue for any publishing group is advertising. An
advertiser would like to know the facts and figures before investing his
money in advertising. And before investing the money, the advertiser
ought to know how many people buy which publication in which area.
The ABC gives all these vital facts every six months. The ABC figures
are not the outcome of opinions, claims or guesswork, but they are the
result of rigid, in-depth and impartial audits of paid circulations of
member publications by independent and leading firms of Chartered
Accountants working in accordance with the rules/procedures set by the
Bureau.
With more than 30 years of experience, Malayala manorama Group
provides a range of packaging products and direct marketing solutions
for commercial and industrial clients. Its products include stickers,
postcards, coupons, game pieces, puzzles, labels, cartons, blisters and
mailers. The company's products are used for packing DVDs, CDs,
electronic appliances, and coffee and food items. It offers foil stamping,
embossing, die cutting, folding, gluing, shrink wrapping, hand
assembling, contract manufacturing, pouch making, digital printing and
sampling services. The company additionally provides design
consultation, engineering, project management, product fulfillment, Web
portal design, warehousing, distribution and transportation services. It
offers packaging solutions under the MicroLiner brand. The company
serves the foodservice, entertainment, health care and beverage industries.
Malayala manorama Group is a member of the Contract Packaging
Association and the Wisconsin Manufacturer Association.
In a recent survey conducted by the Malayala manorama Company – the
Lucknow leading provider of marketing information and audience
measurement – Living Digital is perceived to be a very interesting
magazine providing the latest news and reviews.
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COMPANY PROFILE
It's an entrepreneurial journey that has spanned both 'old' and 'new'
economies -- building successful brick-and-mortar businesses to
exploring the frontier world of convergence technologies. About a
quarter-century before the onset of the ICE age, the Philip MathewGroup
made its beginning in the construction business. After building a huge
presence in the realty market, the Group diversified laterally into
manufacturing, financial services and media -- each venture initiated, and
executed, to fulfil the objective of assuming leadership in core areas.
COMPETITORS
WEB MEDIA
travelogues, a message room where you can exchange notes or ask us for
more info that you want… And don't forget to book your copies of our
international award-winning bestsellers from Outlook Traveller
Getaways, available at a special price when you order on the website. If
you want a sneak preview, there're excerpts from the guide books by
renowned authors, including the likes of Prabhu Ghate, Ruskin Bond and
Jug Suraiya.
GUIDES:-
THE WEEK traveller getaways is not only for reliable information about
the chosen destination but also for a real understanding of the culture and
workings of that destination. The guide marries text and pictures to
provide the much more elusive qualities: knowledge and discernment.
52 Weekend breaks from Delhi: June 2002 the first title proved to be a
landmark in travel books publishing. It was the first travel guide in India
that highlighted the concept of a weekend break, addressing the
significant changes in urban work styles and in the tourism industry over
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EDITOR-IN-CHIEF
Philip Mathew
Managing Editor: Philip Mathew
Foreign Editor: Ajaz Ashraf
Business Editor: Sunit Arora
Senior Editors: Ajith Pillai, Sunil Menon, Anjali Puri
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www.THE WEEK..com
Executive Editor: Sundeep Dougal
IT-Manager: Raman Awasthi
Software Engineers: Anwar Ahmad Khan, Manav Mishra
Web Designer: Praveen Uprety
Special Correspondents:
Rohit Mahajan, Pragya Singh, Chandrani Banerjee, Amba Batra Bakshi
Correspondent:
Shruti Ravindran, Debarshi Dasgupta, Omair Ahmad
Mumbai: Payal Kapadia
Kolkata: Dola Mitra
Bangalore: Sugata Srinivasaraju (Associate Editor, South)
Chennai: Pushpa Iyengar (Bureau Chief)
Chandigarh: Chander Suta Dogra (Bureau Chief, North)
Bhopal: K.S. Shaini
Copy Desk:
Photographers:
Narendra Bisht (Deputy Photo Editor)
Jitender Gupta (Chief Photographer)
Tribhuvan Tiwari, Dinesh Parab, Apoorva Guptay, Sandipan Chatterjee,
Apoorva Salkade, S. Rakshit (Senior Coordinator), J.S. Adhikari (Photo-
researcher)
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Design:
Deepak Sharma (Art Director), Bonita Vaz-Shimray, Ashish Bagchi,
Tanmoy Chakraborty (Graphics Editor), Devi Prasad, Padam Gupta
BUSINESS OFFICE:
National Heads:
Himanshu Pandey (Business Development), Alex Joseph (Retail)
Regional Managers:
Arokia Raj
Head Office
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SWOT analysis
STRENGTHS:
WEAKNESS:
OPPORTUNITIES:
THREATS:
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There is fierce competition for The week from its counterpart. For e.g.
India Today is the leading general magazine in India, so in order to
sustain itself in the marker The week should now have to come up
with some new fundamentals.
Today The week is trying to put some central direction back into its
whole country communication practices, including sales promotion.
Management is painfully aware of the damage "brand management by
calculators" and "commodity promotion" can do to its international
brands and their long-term profitability. Laissez-faire in sales
promotion is no longer considered a virtue at The week.
For some global brands, the importance of consumer behavior in the
marketing mix varies dramatically from one country to another;
illustrates the divergent marketing strategies applied to one consumer
packaged goods brand in five countries during 1987
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14.Thozhilveedhi
15.Knowledge Adventure CDROM
16.Hindi Year Book
17.English Year Book
18.Tamil Year Book
19.Malayalam Year Book
20.Bengali Year Book
21.MalayalaManorama Newspaper
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Cover on Cover
The Cover-On-Cover option includes a cover page to be added on the
top and the back of the magazine and the any information or
advertisement that the client wants is printed on this cover. This
information or advertisement can be changed by the client with every
issue. This option is mostly used by Hotels.
Strip
A Strip consists of a small strip being printed on the cover of the
magazine on the bottom which would contain the advertisement of the
client. The strip option is mostly used by restaurants etc. A strip
option can only be used by a client if the number of copies ordered by
them is more than 1000.
Flap
A flap, like the strip, is on the cover of the magazine, but unlike a
strip, it is not printed on the magazine but is affixed at the bottom. So,
unlike a strip, both the sides, back and front of a flap can be used by
the client for advertisement. For Example, a client can advertise on
the front side of a flap and give a discount coupon on the back side
Discount(89%)
Rs.500 26 issues of the week with 9 free issues of health upto 6
months from subscription and one manorama year book 2017 with
free Britannica education DVD.
Rs.400 26 issues of the week with 9 free issues of health upto 6
months from subscription.
More discount for bulk subscription according to numbers.
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LITERATURE REVIEW
CONSUMER BEHAVIOR
MARKET SEGMENTATION
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Geographic Segmentation
The following are some examples of geographic variables often used in
segmentation.
Region: by continent, country, state, or even neighborhood
Size of metropolitan area: segmented according to size of
population
Population density: often classified as urban, suburban, or rural
Climate: according to weather patterns common to certain
geographic regions
Demographic Segmentation
Some demographic segmentation variables include:
Age
Gender
Family size
Family lifecycle
Generation: baby-boomers, Generation X, etc.
Income
Occupation
Education
Ethnicity
Nationality
Religion
Social class
Many of these variables have standard categories for their values. For
example, family lifecycle often is expressed as bachelor, married with no
children (DINKS: Double Income, No Kids), full-nest, empty-nest, or
solitary survivor. Some of these categories have several stages, for
example, full-nest I, II, or III depending on the age of the children.
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Psychographic Segmentation
Psychographics segmentation groups customers according to their
lifestyle. Activities, interests, and opinions (AIO) surveys are one tool for
measuring lifestyle.
Some psychographic variables include:
Lifestyle
Activities
Interests
Opinions
Attitudes
Values
Behavioralistic Segmentation
Behavioral segmentation is based on actual customer behavior toward
products. Some behavioralistic variables include:
Benefits sought
Usage rate
Brand loyalty
User status: potential, first-time, regular, etc.
Readiness to buy
Occasions: holidays and events that stimulate purchases
Behavioral segmentation has the advantage of using variables that
are closely related to the product itself. It is a fairly direct starting
point for market segmentation.
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OBJECTIVES
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A large number of new players have entered the market and are trying
to gain market share in this rapidly improving market.
The study deals with The week in focus and the various segments that
it caters to.
By using this project the company may find some remedy in its
marketing research and can also find the behaviors of customers on
their different types of magazines.
As the project mainly deals with the reader’s psychographic profile about
The week magazines and its competitors, the organization may utilizes
this work to focus its readers with greater perfection.
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Consumer Behaviour
INTRODUCTION
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MARKET ANALYSIS
All the consumer behaviour roles are to be kept in mind but, the
emphasis is on the buyer whose role is overt and visible.
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The external analysis may be done by the feedbacks from the industry
analyst and by marketing researches. The internal analysis is made by the
firm.s financial conditions, the quantum of the sales, force and other
factors within the company. The study of these factors leads to a better
understanding of the consumer and his needs.
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The conditions under which the firms are operating has also to be
seriously considered. The factors to be studied are the economy, the
physical environment, the government regulations, the technological
developments, etc. These effect the consumer needs, i.e. the deterioration
of the environment and its pollution may lead to the use and innovation
of safer products. People are health conscious and are concerned with
their safety. Hence, in this case, safer products have a better chance with
the consumer. In case of recession, the flow of money is restricted
greatly. This leads to the formulation of different marketing strategies.
By need set, it is meant that there are products which satisfy more than
one need. An automobile can fill the transportation needs, status need,
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M.B.A SRMGPC, Lucknow
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fun needs or time saving needs. So the company tries to identify the need
sets which its product can fulfil. Then we try to identify the groups who
have similar needs, i.e. some people need economical cars, others may go
for luxury cars.
These groups are identified and they are described in terms of their
demographic and psychographic characteristics. The company finds out
how and when the product is purchased and consumed.
After all the above preliminary work is done, the target customer group
known as the target segment is chosen, keeping in mind how the
company can provide superior customer value at a profit. The segment
which can best be served with the company’s capabilities at a profit is
chosen. It has to be kept in mind that different target segments require
different marketing strategies and, with the change in the environmental
conditions the market mix has to be adjusted accordingly.
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Marketing Strategy:-
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() Product:
(2) Price:
Price is the amount of money one must pay to obtain the right to use the
product.
(3) Place:
(4) Promotion:
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RESEARCH METHODOLOGY
The research work was being conducted through field work with the help
of questionnaire.
The research is based on the use of the following:-
Primary data
o For collecting the primary data a survey was done through
questionnaire, which was personally given to customers and was
filled through interacting with different people.
o Studying the different types of products being offered.
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Sampling Methodology:
o Sampling Technique:
Initially, a rough draft was prepared keeping in mind the objective of the
research. A pilot study was done in order to know the accuracy of the
Questionnaire. The final Questionnaire was arrived only after certain
important changes were done. Thus my sampling came out to be
judgmental and convenient.
o Sampling Unit:
The respondents who were asked to fill out questionnaires are the
sampling units. These comprise of employees of MNCs, Govt.
Employees, Self Employed, PG students etc
o Sample size:
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SEGMENTS IDENTIFIED
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PROCEDURE ADOPTED
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IMPLEMENTATION
COACHING INSTITUTIONS
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HOTELS
Hotels that were targeted are 5-star hotels of Lucknow and NCR. The
Hotels are interested in The week because of the fact that The week is an
newsmagazine and is recognized and read by people all over the world.
The guests that stay at these hotels are mostly foreigners and hence the
hotels take the magazine for keeping at the following places:
-Rooms
- Business Centers/ Lounges
- Public Places
- Cars
The option offered to the hotels was cover-on-cover wherein they could
advertise about the hotel on the cover at the bck and front of the
magazine
1. Lineage
Key Person : Mr. Sai Shank
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No of copies : 100
2. Hotel Atithi
Key Person : Mr. Chamatkar Sharma
Ordered 50 copies for sampling first time.
3: Comfort in
Key Person : Mr. Sanjay
Comfort in was already into a contract with Indian Book Depot which
was marketing Newsweek in India. They would be approached again for
renewal of the contract with The week now being marketed by The week
4. Intercontinental Grand
Key Person : Mrs. Anjali Chatt
No of copies : 100
Intercontinental Grand had a contract with IBD earlier which is being
renewed with The week
5. Gomti
Key Person : Ms. Ayesha Ghutghutia
Designation : PR Executive
Already purchasing Newsweek
6. Jemini
Key Person : Ms. Shahu
Jemini was in the process of appointing an agency for managing the
advertising and promotion work for jimini They committed that once the
agency is finalized, they would be interested in buying the product
7. clarks
Key Person : Mr. Pawan
Clarks was already into a contract with Time till October 2006 and did
not have the budget for another magazine. However, they said they
would be interested in taking The week once the contract with Time
expires.
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2. Kendriya Vidyalaya
Key Person : Mr. Arun Yadav
Product : The week along with yearbook
No. Of copies : 80
This was the first time in KV, they liked our product for their students
and suggested for other branches. Proposal has been sent in other
branches, follow up required.
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4. Lamartiniere
Key Person : Mr. McFarland
Highly convinced from the product. 50 orders placed, Some in waiting.
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OVERALL
RESULTS
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AGGRESSIVE SELLING
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Sales promotion efforts use for aggressive selling may be divided in two
classes.
1. Trade Promotion.
2. Consumer Promotion.
1. Trade Promotion :-
Under trade promotion methods special incentives are offered to the
trader to buy products of the firm. Such incentive may take one or more
of the following firm :-
(a) Cash Allowance :-
A definite percentage of discount is allowed on the purchase of given
unit of a product.
(b) Extra Product :-
Instead of giving any cash allowance extra product is given with each
unit of product ordered. For instance if a box normally contains 20 Cakes
of Soap, special box contains 25 cakes may be made and sold at the same
price as that of the box of 20 cakes.
(c) Gifts :-
Various gifts are awarded in return for an order of a particular magnitude.
2. Consumer Promotion :-
Under consumer promotion method special incentives are offered to the
consumers to buy the firms product. The more prominent amongst such
incentives are as following.
(a) Coupons :-
A coupon of a giving value is sent to the consumer. By presenting this
coupon to the retailer consumers can purchase a particular product
mentioned on the coupon at a reduced price. The retailer sells the
products mentioned. In the coupon to such consumer (consumers
presenting the coupons) under and agreement with the manufacturer at a
price lower than the user retail price. Thus the consumer get the benefit
of reduced price to the extent of the value of the coupons.
(b) Self Liquidating Offers :-
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Under this system, the firm offers an article at an attracting price if the
consumer send a given sum of money accompanied by a given number of
box tops from the packages of a particular product the benefit to the
consumer is that he receives the articles at a bargain price.
(c) Bargain Packs :-
Under this system a product is sold at a reduced price for a short period
Bargain pack method encourages new consumers to try the product. It is
also helpful in obtaining large displays in the shops.
(d) Sampling :-
The method involves giving the product or a small quantity of the
product to a consumer free with the hope that the customer will be
favourable impressed with its actual use and will eventually become a
regular purchaser of the product. A firm selling new product or an
extensively improved product finds this methods useful. Also a firm
whose market is hold by competitors whose free sampling almost
expensive.
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PIE – CHARTS
COLOUMN CHARTS
BAR GRAPHS
a) Sampling Technique:
The Technique of sampling adopted was Area Sampling in which we
first divide the total area into a numbers of smaller geographical clusters
then a number of these smaller areas were randomly selected and all
units in these smaller areas were randomly selected and all units in these
small areas were included in the samples.
b) Sampling size
Sample size was 50 customers in consideration.
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Interpretation:
The pie diagram shows that 36% of the people between the age group of
20-25 are interested to purchase magazines between the cost price of Rs
30-50 and hold the major portion.
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30%
25%
20%
15%
10%
5%
0%
Satisfied Not satisfied Haven't called
S. No. Attributes 5 4 3 2 1
2. Price 25 46 25 3
3. Advertisements 28 36 32 2
4. Free Gifts 45 28 17 5
5. Page quality 42 32 16 2
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6. Design 20 25 20 7
7. Availability 22 36 15 3 2
8. Retailers recommendation 26 31 14 8 6
9. Image 22 26 18 9
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FINDINGS
The USP of The week is its price and USP of The week is that it’s
an newsmagazine. This is so because all sales of The week were
on the basis of its price and that of the week was on the basis of its
International reputation.
Magazines are not a critical product for any organization. Hence,
magazines have to be pushed for sales. This is because a client will
usually use a magazine for communicating with its client and
advertising. However, there are numerous other channels available
for this purpose. Therefore, a salesman selling magazines can only
be successful only if he is proactive.
The client will only be interested in placing an order for the
magazine if it adds value to the service being provided by it to its
customers without adding to its cost. The options offered by the
week i.e. Cover-on-Cover, Flap and Strip were very useful as they
enhanced the service being provided by the clients to its customers.
Mostly customers having studying background are interested in the
week .
People dealing in stock market gave good response.
The delivery is not up to mark.
The week is preferred in good amount.
Common people especially employees prefer The week.
The week banners/posters were not displayed at any of the shops.
One of the retailers said that the week has never sent any
promotional material to them.
The week circulation was not found to be satisfactory by few of
the retailers
Mostly organisation’s have The Week in their library so there is no
need of subscription of magazine by employees.
Manorama yearbook is printed in English and demand in north
India is for Hindi publish.
Health magazine is acting as a waste for normal people.
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SUGGESTIONS
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LIMITATIONS
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CONCLUSION
The job of marketer is to meet and satisfy target customers needs and
wants but “knowing customer" is not a simple task. Understanding the
buying behaviour of the target market for its company products is the
essential taskfor the marketing dep’t. The job of the marketers is to
“think customer” andto guide the company into developing offers, which
are meaningful andattractive to target customers and creating solutions
that deliver satisfactionto the customers, profits to customer and benefits
to the stakeholders.Marketers must study the customer taste, preferences,
wants, shopping andbuying behaviour because such study provides the
clues for developing thenew products, price, product changes, messages
and other marketing mixelements. Hence it is very important that a
company knows it’s consumer’s area of interests and develop product
accordingly
There are good chances, the week have if it consider the suggested
suggestion
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REFERENCES
Book:
NareshMalhotra, Marketing research an Applied orientation
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BIBLIOGRAPHY
Books referred:
Marketing Management by Philip Kotler.
AMA Handbook for satisfaction by Alan Dutka.
Consumer behavior by Leon G.Schiffman &
Leslie Lazar Kanuk
Website visited:
www.theweek.com
en.wikipedia.org/wiki/the week_(magazine)
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ANNEXTURE
QUESTIONNAIR
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Strongly agree
Disagree
Strongly disagree
Can’t say
Price
Gifts
Popularity
Other offers
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S. No. Attributes 5 4 3 2 1
2. Price
3. Advertisements
4. Free Gifts
5. Page quality
6. Design
7. Availability
8. Retailers recommendation
9. Image
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4) Any other
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