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TOPIC DESCRIPTION
MARKETING STRATEGY:-
Marketing strategy is a process that can allow an organization to
concentrate its limited resources on the greatest opportunities to
increase sales and achieve a sustainable competitive advantage.
RESEARCH METHODOLOGY
Research Methodology & Research Design
Sample Design
Research Design is purely and simply they frame work or plan for a study that guides the collection
and analysis of the data , It is concerned with describing the characteristic of particular individual
or a group. The main purpose of this research is to describe the situation as it exist. Research
design selected for this project is Descriptive
Sample size
Thesample sizeis typically denoted by n and it is always a positive integer. No exactsample size
can be mentioned here and it can vary in different research settings. However, all else being
equal, large sized sample leads to increased precision in estimates of various properties of the
population. sample wise taken in this project was 100.
Sampling method
Convenience sampling (also known as availability sampling) is a specific type of
non-probability samplingmethod that relies on data collection from population members who are
conveniently available to participate in study. Facebook polls or questions can be mentioned as a
popular example for convenience sampling. Convenience sampling is a type of sampling where the
first available primary data source will be used for the research without additional requirements
Data Collection Method: The data was collected from different
sources and of different types. Self administered questionnaire
containing both close an open ended questions was used for data
collection. The initial study of the product was done online and
the data collected for it was from the companys website
www.cadilahealthcare.com. Some secondary data was collected
from web site This site gave opinions from different people.
FINDINGS
Most of the respondent buy life Cadila as just a tax benefit tool
or as a life cover while only a few of the respondent take it as a
saving option. The reason for this is lack of knowledge of Cadila
benefits among the people.
Most of the respondents are satisfied by the services offered by
the Cadila company while some says that they are not satisfied by
the services.
Most of the respondents want more Transparency from the side of
the company.
Most of the customers want quick services and proper information
while dealing with the product and services of Cadila Health Care
Ltd.. But sometime due to the work pressure the employees
unable to provide quick services them.
LIMITATIONS
Preparation of a project report and concluding a research is a whole
process which is carried out in a number of steps. Therefore throughout the
whole process of research there are a number of difficulties encountered by
researcher, at every step. In the present study we may assume following
limitation.
These have the backing of the opinions of the sampled respondents. The
implementation of the following recommendations can help to accelerate the
growth of cellular services in the market:
1. Companies should consider slashing down their rates, thus diverting some of
their profits to the customers.
2. Mobile phone service providers should launch sales promotion schemes in the
form of consumer incentives or gifts etc. These schemes will indeed attract
customers.
3. Company should activate their personal contacts through their trained sales
teams.
4. Company should launch special events to promote their sales
5. Cadila should try to improve the public relation and grievances redressal
system.
SUGGESTIONS
Reduce replenishment time from 1-2 days so that it can make an
edge over other competitors in the market presence.
The ordering process Telephone as the main instrument, though
the system is fast but is less reliable.
Cadila should run some schemes for their dealers and retailers
on the regular basis which will help improve its dealers & retailers
to remain motivated towards the better result.
There should be perfect order tracking system in the company, so
that it is always visible where the order has reached.
Cadila should think of implementing marketing Planning
BIBLIOGRAPHY
BOOKS
Marketing Management by Philip Kilter
Kothari. C. R, Research Methodology, New Age
International(P) Ltd., New Jabalpur
Foundation of Advertising theory and practices,
Himalaya Publishing House (S. A Chunawala)
WEBSITES
www.google.com
www.cadila.com
www.wikipedia.in