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INTRODUCTION
About Retailing:
Definition: One who sells goods or commodities directly to consumers? These items are
purchased from the manufacturer or wholesaler and sold to the end user at a marked up price.
An independent retailer is one who builds his/her business from the ground up. From the
business planning stage to opening day, the independent retail owner does it all. He/she may
hire consultants, staff and others to assist in the business endeavor. The opportunities are
endless.
Advantages:
There are no restrictions on whom, how or where an entrepreneur should set up his/her
business. The freedom to do what one wants to do is the biggest advantage in this form of
business. It can be extremely fulfilling.
Retailing includes all the activities involved in selling goods and services directly to final
consumers for personal, non-business use. A retailer or retail store is any business enterprise
whose sales volume comes primarily from retailing.
Retailing consists of the sale of goods or merchandise from a fixed location, such as adepartment store, boutique or kiosk, or by mail, in small or individual lots for direct
consumption by the purchaser.[1]Retailing may include subordinated services, such as delivery.
Purchasers may be individuals or businesses. In commerce, a "retailer" buys goods or products
in large quantities from manufacturers or importers, either directly or through a wholesaler, and
then sells smaller quantities to the end-user.
Etymology
Retail comes from the French word retailer, which refers to "cutting off, clip and
divide" in terms of tailoring (1365). It first was recorded as a noun with the meaning of a "sale
in small quantities" in 1433 (French).
http://en.wikipedia.org/wiki/Saleshttp://en.wikipedia.org/wiki/Department_storehttp://en.wikipedia.org/wiki/Boutiquehttp://en.wikipedia.org/wiki/Kioskhttp://en.wikipedia.org/wiki/Mailhttp://en.wikipedia.org/wiki/Consumption_(economics)http://en.wikipedia.org/wiki/Retailing#cite_note-fas-0http://en.wikipedia.org/wiki/Retailing#cite_note-fas-0http://en.wikipedia.org/wiki/Retailing#cite_note-fas-0http://en.wikipedia.org/wiki/Commercehttp://en.wikipedia.org/wiki/Product_(business)http://en.wikipedia.org/wiki/Manufacturinghttp://en.wikipedia.org/wiki/Importhttp://en.wikipedia.org/wiki/Wholesalehttp://en.wikipedia.org/wiki/End-userhttp://en.wiktionary.org/wiki/fr:retaillerhttp://en.wiktionary.org/wiki/fr:retaillerhttp://en.wiktionary.org/wiki/fr:retaillerhttp://en.wiktionary.org/wiki/fr:retaillerhttp://en.wikipedia.org/wiki/End-userhttp://en.wikipedia.org/wiki/Wholesalehttp://en.wikipedia.org/wiki/Importhttp://en.wikipedia.org/wiki/Manufacturinghttp://en.wikipedia.org/wiki/Product_(business)http://en.wikipedia.org/wiki/Commercehttp://en.wikipedia.org/wiki/Retailing#cite_note-fas-0http://en.wikipedia.org/wiki/Consumption_(economics)http://en.wikipedia.org/wiki/Mailhttp://en.wikipedia.org/wiki/Kioskhttp://en.wikipedia.org/wiki/Boutiquehttp://en.wikipedia.org/wiki/Department_storehttp://en.wikipedia.org/wiki/Sales8/2/2019 Junu Final
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Types of retail outlets
A marketplace is a location where goods and services are exchanged. The traditional
market square is a city square where traders set up stalls and buyers browse the merchandise.
This kind of market is very old, and countless such markets are still in operation around the
whole world.
In some parts of the world, the retail business is still dominated by small family-run
stores, but this market is increasingly being taken over by large retail chains.
Retail is usually classified by type of products as follows:
Food products Soft goods - clothing, apparel, and other fabrics. Hard goods ("hard line retailers") - appliances, electronics, furniture,
sporting goods, etc.
There are the following types of retailers by marketing strategy:
Supermarkets- sell mostly food products; Department stores - very large stores offering a huge assortment of "soft" and "hard
goods";
Discount stores - tend to offer a wide array of products and services, but they competemainly on price;
General merchandise store- a hybrid between a department store and discount store; Warehouse store - low-cost, often high-quantity goods piled on pallets or steel shelves;
warehouse clubs charge a membership fee;
Variety store or "dollar store" - extremely low-cost goods, with limited selection;
Retailing process
Successful retailers know that counting on past success to fuel future growth does not
work. Companies that continue to gain market share are evolving with the changing
marketplace and expanding into new areas. Continuous improvement is the path to competitive
advantage. But many of these change initiatives are fraught with danger. New software
solutions can provide great returns but can also cost millions of dollars and system
implementations always contain some semblance of risk.
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Process Excellence can be achieved by following four steps:
1. Process Mapping2. Process Improvement3. Change Management4. Success Measurement
The Indian Retail Market
Indian market has high complexities in terms of a wide geographic spread and distinct
consumer preferences varying by each region necessitating a need for localization even within
the geographic zones. India has highest number of outlets per person (7 per thousand) Indian
retail space per capita at 2 sq ft (0.19 m2)/ person is lowest in the world Indian retail density of 6
percent is highest in the world. 1.8 million House holds in India have an annual income of over
45 lakh.
While India presents a large market opportunity given the number and increasing
purchasing power of consumers, there are significant challenges as well given that over 90% of
trade is conducted through independent local stores. Challenges include: Geographically
dispersed population, small ticket sizes, complex distribution network, little use of IT systems,
limitations of mass media and existence of counterfeit goods.
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1.1ABOUT THE INDUSTRY
FMCG industry,
This industry is alternatively called as CPG (Consumer packaged goods) industry
primarily deals with the production, distribution and marketing of consumer packaged goods.
The Fast Moving Consumer Goods (FMCG) are those consumables which are normally
consumed by the consumers at a regular interval. Some of the prime activities of FMCG industry
are selling, marketing, financing, purchasing, etc. The industry also engaged in operations,
supply chain, production and general management.
FMCG industry economy
FMCG industry provides a wide range of consumables and accordingly the amount of
money circulated against FMCG products is also very high. The competition among FMCG
manufacturers is also growing and as a result of this, investment in FMCG industry is also
increasing, specifically in India, where FMCG industry is regarded as the fourth largest sector
with total market size of US$13.1 billion. FMCG Sector in India is estimated to grow 60% by
2010. FMCG industry is regarded as the largest sector in New Zealand which accounts for 5% of
Gross Domestic Product (GDP).
Market potentiality of FMCG industry
Some of the merits of FMCG industry, which made this industry as a potential one are
low operational cost, strong distribution networks, presence of renowned FMCG companies.
Population growth is another factor which is responsible behind the success of this industry.
Leading FMCG companies
Some of the well known FMCG companies are
Sara Lee, Nestl, Reckitt Benckiser, Unilever, Procter & Gamble,
Coca-Cola, Carlsberg, General Mills, Pepsi Mars etc.
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Job opportunities in FMCG industry
FMCG industry creates a wide range of job opportunities. This industry is a stable,
diverse, challenging and high profile industry providing a wide range of job categories like sales,
supply chain, finance, marketing, operations, purchasing, human resources, product
development, and general management.
Scope of FMCG
The term FMCG refers to those retail goods that are generally replaced or fully used up
over a short period of days, weeks, or months, and within one year. This contrasts with durable
goods or major appliances such as kitchen appliances, which are generally replaced over a period
of several years.
FMCGs have a short shelf life, either as a result of high consumer demand or because the
product deteriorates rapidly. Some FMCGssuch as meat, fruits and vegetables, dairy products
and baked goods are highly perishable. Other goods such as alcohol, toiletries, pre-packaged
foods, soft drinks and cleaning products have high turnover rates.
SWOT of FMCG Sector
Strengths:
Low operational costs Presence of established distribution networks in both urban and rural areas Presence of well-known brands in FMCG sector
Opportunities:
Untapped rural market Rising income levels, i.e. increase in purchasing power of consumers Large domestic market- a population of over one billion Export potential High consumer goods spending
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Weaknesses:
Lower scope of investing in technology and achieving economies of scale, especially insmall sectors
Low exports levels "Me-too" products, which illegally mimic the labels of the established brands. These
products narrow the scope of FMCG products in rural and semi-urban market.
Threats:
Removal of import restrictions resulting in replacing of domestic brands Slowdown in rural demand. Tax and regulatory structure
FMCG Marketing
Marketing is the planning and execution of the production, pricing, promotion and
distribution of goods and services to create exchanges that achieve individual and business
objectives. Put simply, marketing is about matching every part of your business with your
customers so that:
You meet their needs. They are aware that you meet their needs. They are motivated to buy from you. They are motivated to keep buying from you.If you dont achieve these outcomes, customers wont buy from you and you will go out of
business. It wont matter if you make the best product in the world or if you are very good at
bookkeeping and administration - poor marketers go out of business.
Sell the Benefits
Customers wont buy from you if they cant receive benefits from doing so. Customers
always ask: whats in it for me? when deciding whether to buy. For example, when a
customer buys an 8mmdrill bit, they are not really interested in buying justa drill bit. More
importantly, they are interested in buying the ability to drill 8mm holes. Customers are also
interested in buying different levels of quality, capability (e.g. some drill bits can only drill
timber whereas some can drill bricks and concrete) and price.
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Items to consider in FMCG Marketing
Advertising.
Product range and mix of products.
Price points.
How products and services are sourced.
Website.
Brochure.
Promotions.
Events.
The Marketing Process of FMCg
1. Research your Market Environment2. Develop and Implement your Marketing Plan3. Review and Improve
1. Research your Market Environment
Research your industry and your competitors and establish who your target customers
(or target market) are for your goods or services. Only once you know:
Who your customers are, what their needs are and how much they are prepared to pay.
Who your competitors are what they sell and at what price/s. can you decide how to
position your goods or services in your target market/s and develop a Marketing plan to
achieve your goals?
2. Develop and Implement your Marketing Plan
Marketing covers much more than just advertising goods or services. When developing
your Marketing Plan, consider how you will use the elements of your marketing mix to attract
customers, meet their needs and keep them coming back for more. The elements of the
Marketing Mixare the four Ps:
Product, Price, Promotion, Place (distribution)
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3. Review and Improve
After you have implemented your marketing plan, determine how well it has increased
your sales and profits (review) and make any necessary improvements (improve). If your
marketing plan is written down, it will be easier for you to see how your plan has performed
and where improvements can be made. Where possible, establish goals and benchmarks so that
you can identify more clearly how well your plan has worked and where improvements are
necessary.
Overview of FMCG Sector in India
Rs. 72000 Cores Industry One of the largest sectors in Indian Economy Huge untapped potential Growth continues despite the global slowdown A high profile industry Job security - Sustain Robust Growthno slowdown in consumer spending Numerous Opportunities, both urban and rural Quick experience Accelerating urban disposable income Strong educational qualifications acts an advantage
FMCG industry as a career
A career in FMCG encompasses a large number of job roles. These are :
Market Research Pricing Product Development Purchasing Advertising Brand Awareness
FMCG is a sector where fresher's can gain excellent rewards if they work hard. FMCG
products are those that move off the shelves in retail outlets very quickly.
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1.2ABOUT THE COMPANY
Thai Group of Companies
Thai Group is a leading company in Kerala with wide Business interest in the areas
ranging from manufacturing of soaps, detergents, shampoos and garments to building materials,
mining & processing, logistics and plantation. In todays relentless technological progress and
economic advancement the impetus of quality comes from research and constant upgrading of
products and services.
Mr. PC Thahir is the founders of Thai Group in 1984 with interests in cement Marketing.
Very rapidly, our portfolio broadened with FMCG. The marketing experience gained over these
years stood us in good stead. As a logical extension of our initial success, we also grew into the
manufacturing of consumer non-durables. Consequently, the first half of the 90s saw the launch
of our laundry soap unit at Sultan Bathery in Wayanad, Kerala Now renowned as a tourist
destination. Over an eventful two decades, the Thai Group has become leading conglomerate in
Kerala. We are now poised for extending the THAI value chain to more products and services as
well as encompasses the whole of south India.
Thai Group engaged in various activities such as Manufacturing of Soaps, Detergents,
cleaning solutions and Fabrics, Mining and pulverizing of limestone, marketing, Logistics,
international trade, Information technology. Various entities are there under Thai Group to carry
out these activities.
Various entities by Thai Group of Companies
1. Ashique EnterprisesAshique Enterprises is a partnership firm. Mr.PC Thahir is the managing partner and
Mrs.Sakkeena Thahir is the working partner. It has a pervasive functional area. In association
with India Cements Limited it distributes Cement in entire five districts of north Kerala. for more
than last 15 years proving our capacity to bear any business risks in this field and gain
considerable return. Distribution of the products manufactured by its sister concerns also
performing by the firm throughout Kerala, Tamilnadu and Karnataka. Its registered office
located at Thalassery.
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2. Ashique exportsAshique exports is a private limited company formed and registered under companies Act
1956.It started its functioning during the year 1993.Mr.PC Thahir is the MD and Mrs. Sakkeena
Thahir is the Director. This company engaged in manufacturing Toilet Soaps & Washing Soaps
and Distribution of imported and indigenous Building materials. The factory is situated at 1/432
poothicaud Road poomala. P.O Sulthan Bathery it also engaged in software development
and exporting to various countries in the Middle East. It is an example of the right vision of the
management towards future.
3. Thai Impex (PVT LTD)Thai Impex is a private limited company. Mr.P.C Thahir is the managing Director and
Mrs.Sakkeena Thahir and Ashique Thahir are the Directors. This is dealing with whole
distribution of Imported and Indigenous tiles.
4. Ashique Chemicals & CosmeticsAshique Chemicals & Cosmetics is a partnership firm established during the end of
financial Year 2003-2004.This is engaged in manufacturing of Toilet Soaps & Washing Soaps,
Distribution of imported and indigenous Building materials. Mr.Ashique Thahir is the Managing
partner and Mr.Aghin Thahir is a working partner. The factory is situated at 1/432B Poothicaud
Road poomala. P.O Sulthan Bathery.
5. Aysha PlantationsAysha Plantations is a division of Ashique Enterprises (Thai Group). This is spread over
800 Acres in Waynad district with own tea manufacturing plant; here we produce Tea, Coffee,
Cardamom, Pepper, Ginger etc
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6. Transworld mining IndustriesTransworld mining Industries is a Private limited company. Mr.PC Thahir is the
Managing Director Mrs.Sakkeena Thahir and Mr.Ashique Thahir are the Directors. The
operating area of which is production of Cem Powder. The Company owns huge deposit of
limestone in Tirunelvely District of Tamilnadu. It mines the lime stone and pulverizing it to
produce Cem powder. The factory is situated at Tirunelveli district of Tamilnadu.
7. Aghin Agro Food IndustriesAghin Agro Food Industries is a Private Limited Company. Mr.P.C Thahir is the
Managing Director and Mrs.Sakkeena Thahir is the Working partner. This company is engaged
in manufacturing of Tea.
8. Aghin RoadwaysAghin Roadways is Logistics Division of Ashique Enterprises. The Main office is
situated at Coimbatore, Tamilnadu which providing transportation facility to India Cements Ltd
throughout Kerala.
Core Purpose of Thai Groups
To provide value products and services that satisfies our customers now, and in the future
Core Values of Thai Groups
Work with a long-term view and treat the organization as our own. Take personal accountability for meeting business commitments. Strengthen the trust amongst suppliers, customers and ourselves Constantly apply the most beneficial ideas and methods
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Products by Thai Group of Companies
Soaps
o Lexuso Olivao Primebodyo Ivao Gladyso Orchido Jazz
Washing Soaps and Detergents
o Sun pluso Dr.Washo Gold 916o Miss Gold
Building products
o Nako Tileso Cem Powder
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1.3ABOUT THE STUDYThis study is conducted to know the retailers perception and their satisfaction towards
Dr.wash washing soap. Most of the studies are conducted to know the customer satisfaction and
they give only the perceptions of the customers only.
Here this study is an attempt to find what the retailers perception about the product, and
how they are satisfied with the services offered by Dr.wash. Through which we can find out the
unsaid sides of a product with the view point of a retailer. This study will help us to know how
the retailers are attracting their customers and how the companies can use retailers to promote
the products.
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1.4OBJECTIVE OF THE STUDY
Primary Objective
The primary Objective is a study on the dealers satisfaction with special reference toDr.Wash washing Soap
Secondary Objectives
To analyze the demand of Dr.Wash among various brands available in market To identify the factors which influence (positively and negatively) Dr.Wash Retailer perception about the Ashique Exports products To find out the way of creating brand image To study about the changes, that customer wants in the FMCG sector. To know about the quality, services, product range provided by Ashique Exports To suggest improvements to the sale of Dr.Wash in the district
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1.5.SCOPE OF THE STUDY
As far as India is concerned the competition level in the FMCG industry has very high
because it will have an existence till the end of the world. All major companies are striving
hard and competing among themselves for surviving in the same industry. We can see high
competition in all major areas from local manufacturers in their own territory with their own
brand. There is a situation that they couldnt meet up the required production level when the
demand of such brands get increased, but some of them may be having proper planning to
improve their business by having effective strategic methods.
Ashique Enterprises started up their business as a single brand, and now they have grown
as a company having a major influence in Kerala, so I selected the same company for my
final project in Marketing.
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1.6LIMITATIONS OF THE STUDY
Due to the constraints of time, the study was confined to Calicut city. That too limitedto a certain areas of Calicut city.
The sample was taken randomly(Convenience), therefore the shortcomings of theConvenience may also be present in this study
The respondents replied may be biased in favor of their centers. While selecting the type of sampling, due to time and co-operation from the retailers
we are unable to follow probability sampling. Its suitable to follow non probability
sampling
The study is about perceptions of people. The findings are valid only for the presenttime. These are not universally valid and are likely to change due to developments in
the FMCG industry
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2. REVIEW OF LITERATURE
a) A Study On Retailers About Bharath Rubber Industry Limited, products MaduraiAuthor: G. Bharani
Reg.No:90208601006
Abstract: The purpose of the Retailer Promotion research projects is to evaluate the current
attitudes and perceptions of decision makers and to determine which rubber materials they use
and why in the following markets. PCA Market Research also estimates the potential for rubber
in various markets and applications..
b) An investigation of the retailer satisfaction management survey based research publishedbetween 1989 and 2000
Author: Ismail Sila, (Finance and Management Science, College of Commerce, University of
Saskatchewan, Saskatoon, Canada), MalingEbrahimpour, (Roger Williams University, Gabelli
School of Business, One Old Ferry Road, Bristol, RI, USA)
Abstract:There has been a plethora of published research related to retailer satisfaction
management in the last few decades. However, very few studies focused on cataloging criticalfactors of retailer satisfaction management. One of the objectives of this literature review was to
investigate the state of retailer satisfaction management by examining and listing various
satisfaction factors identified based on survey studies conducted in different countries and
published in a variety of journals over the past decade. An examination of 76 survey studies that
used an integrated approach to retailer satisfaction showed that the satisfaction factors could be
grouped under 25 categories. An analysis of the 347 survey based research articles published
between 1989 and 2000 using these 25 factors as a framework revealed the most frequently
covered satisfaction factors in the literature. Another goal of the paper was to analyse the
objectives of these articles by year and type of journal they were published in to determine the
trends in retail survey based studies and recommend future direction for research. The analysis
showed that the objectives of the 347 studies could be grouped under six categories.
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c) Retail service quality in context of CIS countriesAuthor(s):Anupam Das, Vinod Kumar, Gour C. Saha
Source: International Journal of Quality & Reliability Management
Abstract: Purpose This research aims to examine the applicability of the Retail Service
Quality Scale (RSQS) in retail stores in Kazakhstan, a country of the Commonwealth of
Independent States (CIS) that is in the transition stage from a controlled economy to a market
economy. This research also attempts to identify the dimensions and sub-dimensions that
contribute to increasing the customer base.
Design/methodology/approach A sample of 220 shoppers from department stores,
discount stores, and supermarkets in Almaty city, Kazakhstan, was surveyed to examine the
validity and reliability of the five dimensions (physical aspects, reliability, personal interaction,
problem solving, and policy) and six sub-dimensions (appearance, convenience, promises, doing-
it-right, inspiring confidence and courteousness/helpfulness) of RSQS. The findings are cross-
validated hierarchically using confirmatory factor analysis (CFA). Step-wise regression methods
are used to identify the dimensions and sub-dimensions contributing to increasing the customer
base.
Findings The research finds that the RSQS structure is a good fit in the Kazakhstan retail
setting. The five dimensions and six sub-dimensions together provide significant usefulness in
measuring the quality of retail services. The research also finds that while all the dimensions and
sub-dimensions have a positive relationship, two dimensions (personal interaction, physical
aspects) and one sub-dimension (inspiring confidence) are strongly related to increasing the
customer base through return customers and word of mouth from satisfied customers.
Research limitations/implicationsThe present study does not distinguish applicability of the
RSQS in the different formats of the retail store. Future research should examine the impact of
the different retail formats in using the scale for measuring retail service quality.
Practical implications Prospective and existing retail service providers who place a high
priority on quality can use this instrument to track the high growth potential of the retail sector in
CIS countries. It will help to measure their services and increase their customer base by targeting
the appropriate dimensions and sub-dimensions.
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3. RESEARCH METHODOLOGYResearch methodology is a framework, a blue print for the research, which guide the
collection and analysis of data. Research methodology is being framed in order to achieve theresearch objectives. it is and expression of what is expected of the research exercise in terms of
result and the analytical input need to convert data into research findings. Research methodology
minimizes the degree of uncertainly involved in the management decisions. Research lays the
structure for decision-making
A. SamplingThis is the Process of selecting a number of units for a study in such a way that the units
represent the larger group from which they are selected. In other words it is measuring a small
portion of something and then making a general statement about the whole thing
When the universe or population to be studied maybe too large or unlimited that it is
almost impossible to reach all of them. Sampling makes possible this kind of study because in
sampling only a small portion of the population maybe involved in the study, enabling the
researcher to reach all through this small portion of the population.
B. Sampling technique Convenience sampling All the respondents were selected on random basis. So far every surveyed entity, the
respondents are an essential prerequisite. For broader perspective the customers were
contacted directly and by there association
A standard questionnaire was prepared for the collection of data from the variousrespondents. The questionnaire was designed to keep objectives of the study with the aim
of collecting important information for the study
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C. Sampling DesignThe sampling has to be designed in the following steps. They may be
a. Target PopulationIn this study we planned to concentrate on the retailers only. The retailers in the
district of Calicut district for Dr.Wash Washing Cake is more than 2000 from among
these 2000 retailers in Calicut district we choose a sample of 100 retailers in a random
basis.
b. Appropriate sampling methodThere are two types of sampling methods probability sampling and non
probability sampling.
c. Sample sizeThe sample is a proportion (a certain percent) of the population and such sample
is selected from the population by means of some systematic way in which every element
of the population has a chance of being included in the sample.
We can calculate the sample under probability sampling using the formula:
N
n =
1 + N (e)2
Where: n = Sample size
N = Size of populatio
e = Margin of error (It should not more than 5% but the 3% is an ideal one)
Where the the size of total population is 2136
And we opt the margin level of errors be 3%
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Hence the sample size become
2136
n =
1 + 2136 (0.03)2
= 730
Its not easy to conduct a survey in 730 retailers shop in a limited period of time so
we can choose for non probability sampling
d. Size of sample is neededIt is more on heterogeneous population, average responses would like to know by
the manufacturer, and so large proportion will be needed from the population. The
sample would be limited to 100 retailers.
D. Data CollectionThe decision-making must be objective and fact based in nature. This is achieved
by collecting and analyzing appropriate data. Data may be broadly divided into two
categories namely primary data & secondary data. The primary data are those data, which
are collected for the first time by the organization, which having already been collected by
some other agency but also can be used by organization under considering. Primary data
may be collected by observation, oral investigation and questionnaire method. In this
study, for primary data collection we have used questionnaire method. This is written and
in organized format containing all question relevant to soliciting type, in which all
questions and answers is specified and comments in the respondents own words are held
to a minimum, the unstructured questionnaire is useful in carrying out in depth interviews
where the aim is to probe for attitudes and reasons. For this study we are using structured
questionnaire (and carry out the personal interviews with users and dealer. Sometimes we
have carried out in-depth interviews and observe the situation to get more in depth
information about the topic. In the structured personal interview method the information is
likely to be more accurate and reliable because the interviewer can clear up doubts and
cross check the respondents. Moreover this method is most flexible, no response is very
low. Supervision & control is possible.
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Primary DataPersonally contacted the retailers along with the sales executives and the data were
collected with the help of questionnaire. The questionnaire was so designed so as to contain
appropriate no. of questions and to satisfy all the research objectives. The questionnaire
contained both; close-ended and open-ended questions. Special care was taken to ensure that
questions were simple & sequential
Secondary dataThe secondary data was collected from catalogues, magazines, records and, websites,
related to FMCG retail and the Toilet segments
E. Research typeType of Research: This research is descriptive in nature.
Descriptive research includes surveys and face- finding enquires of different kind. The Major
purpose of descriptive research is description of the state of affairs as it exists at present. The
main characteristic of this method is that the researcher has no control over the variables.
The data collected here may relate to the demographic or the behavioral variables of the
respondents under study.
F. Research Instrument:In the survey method I have used questionnaire as a research instrument this is written &
organization format contemning the entire question relevant to solicited the required
information.
Because of its flexibility the data is collected from large population about their awareness
attribute, opinion past present behavior to check that the questionnaire surveys the necessary
purpose it should be tested as a limited scale and this is technically known as pilot survey.
This questionnaire consist both single and multiple choices and some this close-ended
structured question are easy to summarize and there is no scope for misinterpretation
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Tools for Analysis
After the collection of data from the parties concerned, each sample questions are
classified, tabulated and then subjected to analysis. The tools used are.
Simple Percentage analysis Chi Square Test Weighted Average Method
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4. ANALYSIS & INTERPRETATION
Data Interpretation & Graphical Presentation
In this study we cover 100 retailers in the city of Calicut. Different responses are given by different person. Similarly we collect data from different retailors who are situated in different portions of Calicut.
This can be in tables and diagrams.
Table No: 4.1
Experience of the Retailers
Question: How many year you have been in this retail business?
Responses Number of Responses Percentage
Below 5 years 20 20
510 years 32 32
1020 years 21 21
20 and above 27 27
Source: Questionnaire.
Interpretation
In this Survey most of the retail outlets are between 5-10 years old. But as a comparative
analysis we can find out that we have a balancing amount of stores which are selected for the
survey are somewhat equal number of years in this retail business
The years of experience of survey is taken into account as they have different opinion
about the service of the product delivering system. The opinion by a new retailer would have
many differences from the opinion of the experienced person.
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Chart No 4.1
Experience of the Retailers
0
5
10
15
20
25
30
35
Below 5Years5- 10 Years
10 - 20 Years20 and
Above
Num
berofRetailers
Experiece In Years
No of Stores
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Table No 4.2
Dealing with the Product
Question: do you deal with the product Dr.Wash?
Responses Number of Responses Percentage
Yes 89 89
No 11 11
Source: Questionnaire.
Interpretation
This survey is conducted Calicut the city from where the Thai Group of companies is
developed. So the people in this city are considering Thai groups product as a homely product.
This effect has been seen in this survey conducted in Calicut.
Dr.wash is new product, comparing to the other products of Ashique enterprises. Even
then the retailers have welcomed this product in a warm manner.
We have given an option to the retailers that if they are not dealing with the product then
explain the reason. For this the retailers are given their comments as their new entrance to the
market and high price.
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Chart No 4.2
Dealing with the Product
Yes, 89
No, 11
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Table No 4.3
Dealing with other product of the same company
Question: Do you deal with any other ASHIQUE ENTERPRISES Products?
Responses Number of Responses Percentage
Yes 97 97
No 3 3
Source: Questionnaire.
Interpretation
The same reason is happened here. This question is made with the intention to find out
the stores whom are dealing with the Ashique enterprises product but not dealing with Dr.Wash.
But the final results show that most of the retailers dealing with Ashique enterprises
product deals with Dr.Wash, where 97%or retailers are dealing with the products other than
Dr.wash.And some stores deals with only Dr.wash
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Chart No 4.3
Dealing with other product of the same company
97%
3%
Sales
Yes
No
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Table No 4.4
Average sales per day
Question: What is your Average sales per day(In Rupees)
Responses Number of Responses Percentage
Below Rs.5000 10 10
Rs.5000Rs.10000 37 37
Rs.10000Rs.15000 16 16
Rs.15000above 19 19
Not Responding 18 18
Source: Questionnaire.
Interpretation
Most of the retailers in this city are doing average business so most of their business per
day is between 5000- 10000 where 37% of retailers have the business of 5000- 10000. 10% ofthem only have a sales below 5000 rupees. Some retailers are dealing with 10000- 15000 16% of
them having this range of sales.19% of retailers have a sales range of 15000 per day
From among these retailers 18 of them did not respond to this question.
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Chart No 4.4
Average sales per day
0
5
10
15
20
25
30
35
40
45
NumberofResponces
Sales in Rupees
Below 5000
5000- 10000
10000- 15000
15000- 20000
not responding
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Table No 4.5
Sale of Washing Soaps per day
Question: What is the Sales of Washing Soaps per day(Pieces)?
Responses Number of Responses Percentage
Below 20 36 36%
2040 39 39%
4050 14 14%
50above 7 7%
Not Responding 4 4%
Source: Questionnaire
Interpretation
This result shows that only few retailers can reach the level of 50 above soaps per day is
sales is possible. But the average of 20- 40 per day is a comparatively good movement of FMCGproducts in a retail business. 36% responded below 20 soaps per day. At the same time a 39%
soaps have been selling by 39% of them. There are only few who can sell 40- 50 soaps per day a
14% are able sell this range. And only 7% can able to sell beyond 50 soaps per day.
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Chart No 4.5
Sale of Washing Soaps per day
0
10
20
30
40
below 2020-40
40-5050 and above
R
esponses
Sales of Soaps Per day
Responses
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Table No 4.6
Dr. wash sales in a day
Question: How much do you sell Dr. Wash per day in Pieces?
Responses Number of Responses Percentage
Below 5 56 56
510 39 39
1025 9 9
25above 2 2
Source: Questionnaire
Interpretation
Here the diagram shows that most of the retailers are selling below 5 Dr.wash soaps per
day. But 39% of the sellers are dealing with an average between 5- 10 soaps per day.56% of
them selling only below 5 Dr.wash soaps per day. 9% of them selling between 10- 25 soaps. Andonly 2% can reach the sales beyond 25%.
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Chart No 4.6
Dr. wash sales in a day
0
10
20
30
40
50
60
Sales
Responses
Dr.wash Sales
Below 5
05 - 10 pieces
10- 20 pieces
20 above
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Table No 4.7
Source of Stock
Question: Source of Dr.Wash to your Stock?
Responses Number of Responses Percentage
Direct from company 83 83
Distributors 7 7
Whole Sale 6 6
Not Responding 4 4
Source: Questionnaire.
Interpretation
A huge number of retailers are getting stock from the company vehicle. As they found it
safer and time saving. 83% of retailers are getting from the company vehicle. And 10% are
depending on the wholesalers and distributors.7% of them getting stocks from the Distributors,
and 6% of them from whole sellers. Where, 4 of them did not respond to this question.
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Chart No 4.7
Source of Stock
0
20
40
60
80
100
Direct from
companyDistributors
Whole SaleNot
Responding
Sales, 4
Responses
Source
Sales
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Table No 4.8
Opinion on Service
Question: What is your Opinion towards Dr.Wash and its service?
Responses Number of Responses Percentage
Excellent 29 29
Good 53 53
Average 15 15
Poor 3 3
Very Poor 0 0
Source: Questionnaire.
Interpretation
The opinion of the product is greatly high and their services are the key to their success.
Before launching Dr.Wash they have introduced many FMCG products in the market. The wideacceptance of Dr.wash is because of their previous services to their products they still continue to
give the same treatment for Dr.Wash also. It is reflects in their opinion of the services by
Dr.wash.
Here 53% of the respondents are gave a reply of good service by the Dr.wash. But
15%are states that only an average service. 29%are states that an excellent. And only 3% says
poor services by the retailers
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Chart No 4.8
Opinion on Service
.
0
10
20
30
40
50
60
Excellent Good Average Poor
Series 1, 3
Responses
Opinion
Series 1
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Chart No 4.9
Consumer Awareness on the Locality
0
20
40
60
80
Hugely AwareLargely
Enough
Awareness upto Some
Extend not aware
Num
berofResponses
Awareness
Awareness about the Product
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Table No: 4.10
Consumer Choice in the Area
Question: Your opinion about the consumer choice towards the Dr. Wash?
Responses Number of Responses Percentage
Excellent 9 9
Good 72 72
Average 19 19
Poor 1 1
Very poor 0 0
Source: Questionnaire.
Interpretation
The Consumer choice is found out by any special preference for the consumers towardsany particular product. The retailers are asked for the consumer choices in their locality they are
answered on the basis of the frequency of purchase, Special requirements for any product,
continuously buying the same product are take into account
Here most of the retailers are given a response of good consumer choice in their area.
A 72% of area people having good consumer choice as they are well known to the product to
their requirement. Only a 9 % Retailers are ranked the consumers are excellent on their choice.
195% are said their consumer choice as average.
The most important thing in this survey is the retailers response about poor or very poor
consumer choice is very low. Which shows the consumer choice and their awareness is very
much high in Calicut. Because their shopping mentalities have been developed through shopping
festivals and etc
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Chart No 4.10
Consumer Choice in the Area
.
0
10
20
30
40
50
60
70
80
Excellent Good Average Poor Very poor
Responses
Consumer Choice
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Table No 4.11
Advertisement and Consumers
Question: Do you think advertisement helps to increase the customer attraction towards the
product
Responses Number of Responses Percentage
Strongly Agree 25 25
Agree 53 53
Disagree 19 19
Strongly Disagree 6 6
Source: Questionnaire.
Interpretation
This question is very relevant with respect to Dr.Wash washing cake. Because theadvertising strategy which adopted by Dr.wash is not very much depending on the advertisement
up to 2005. They dint advertised largely through newspapers and televisions.at the first stage of
the Dr.wash they adopted the strategy of direct selling with direct marketing only.
In this survey most of the retailers are agree with the importance of advertisement.52 %
are agreeing with the importance of advertisement. And 24% of people believe it is a compulsory
for the success of the product. Even it is important to survive in the market.
But a small group of people but not less than 24% are not agreeing with this statement.
18% of them disagree with the importance of advertisement and 6% are strongly against
advertisement. As their opinion they believe in the product quality, price, and the mouth
publicity matters.
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Chart No 4.11
Advertisement and Consumers
0
10
20
30
40
50
60
Strongly AgreeAgree
DisagreeStrongly
Disagree
Responses
Sales
Sales
Sales
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Chart No 4.12
Pricing of the product
0
5
10
15
20
25
30
35
40
Excellent GoodAverage
PoorVery
PoorNot
respond
Response
s
Opinion on Pricing
Pricing
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Table No 4.13
Differentiate the service with competitors
Question: How do you differentiate the Service of Dr.wash with other companies
Responses Number of Responses Percentage
Quality 70 70
Demand 30 30
Brand Image 23 23
Time Delivery 6 6
Promotion Support 15 15
Margin /Discount 16 16
Other 2 2
Source: Questionnaire
Interpretation
As per the request of the retailers we provide the multiple check facility for this question
as they cant simply give only one answer. So they give answer in a multiple check answers.
This question would help to understand the competitor analysis. Where the competitors
stand and where the product is. And it would help to find out the advantages over the other
product in the market and the disadvantages too.
In these survey 70 respondents states that the quality of Dr.Wash makes difference with
other washing soaps in the market. Demand and brand image was only 30 people said
Promotion support and margin is the opinion for only 15 retailers.
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Chart No 4.13
Differentiate the service with competitors
0
10
20
30
40
50
60
70
Responses
Comparison
Competitor Comparison
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Table No 4.14
What retailers look for
Question:What kind of promotional Strategies/new services to be adopted by Dr.wash?
Responses Number of Responses Percentage
Margin 32 32
Gifts 30 30
Coupons 5 5
Other 33 33
Source: Questionnaire.
Interpretation
This question is included to know what the retailers looking forward from the companyas well as from the part of the products. This is to identify that whether the retailers are satisfies
with the margin and promotional support or not. Anything which they have to be given etc.
For the option others they have given examples of display contests, small scale
advertisements in the shops etc.,
The answer for this question is mostly the retailers wants more margin and gifts. They
got 32% and 30% respectively by the respondents. And they most of them have suggest 2
methods like. Display contests and small advertisements to the shops etc.And only 5% wand
coupons or discounts.
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Chart No 4.14
What retailers look for
33%
30%
5%
18%
9%
5%
32%
Sales
Margin Gifts Coupons Display Credit Advertisements
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Table No 4.15
Word of mouth advertisement
Question: Do you think word of mouth ad has an impact in the improved sales in the washing
soaps
Responses Number of Responses Percentage
Strongly Agree 36 36
Agree 47 47
Disagree 1 1
Strongly Disagree 6 6
Source: Questionnaire
Interpretation
Word of mouth advertisements or mouth publicity. Have a great impact in the toiletsegments and washing soaps because they have been developed its market not through great
advertisements but its developed through the opinions of the persons who uses it.
a well satisfied customer is the better advertisement here we look for the opinion about
the mouth publicity for washing soaps
Here we can see that 52% more than half of the retailers are supports the mouth publicity
of the products than advertisements. Only 1% of people disagreeing with it but a 7% of people
strongly disagree with the mouth publicity than advertisements. They still believe that
advertisement is the key for success. And 40% of people agreeing with it
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Chart No 4.15
Word of mouth advertisement
.
Sales
0
10
20
30
40
50
Strongly AgreeAgree
DisagreeStrongly
Disagree
36
47
1 6
Sales
Sales
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Table No 4.16
Cross Selling
Question: Do you use the technique of cross selling with Dr.Wash?
Responses Number of Responses Percentage
Always 0 0
Sometimes 10 10
Only When At needed 12 12
Never 75 75
Not responding 3 3
Source: Questionnaire.
Interpretation
Cross selling means selling a product using the goodwill and high market value of anyother product. Mostly it happens as a gifts or offers to the consumers. This question is asked to
know whether any retailers uses this method to sell any other product and it will helps to know
the marketability of the product.
Here the retailers responds about cross selling is 75% of them never use this technique
of cross selling. And 12% says that they use this technique only when at needed. 10 % of the
uses it sometimes. But 3% of them not responding to this question of cross selling.
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Chart No 4.16
Cross Selling
0
10
20
30
40
50
60
70
80
AlwaysSometimes
Only WhenAt needed
NeverNot
responding
Responses
Cross Selling
Series 1
Series 1
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Table No 4.17
Differentiation with other products
Question: How do you differentiate Dr. Wash with other Washing cakes in the Market
Responses Number of Responses Percentage
Pricing 9 9
Demand 33 33
Quality 48 48
Promotion 13 13
Source: Questionnaire.
Interpretation
In this survey, this question is about the differences of Dr. Wash with other product in
quality, demand, promotion and pricing. Here this question is asked to know the retailerspersonal opinion about the product.
Most of the respondent says that, they are attracted with the quality of Dr.wash.
nearly48% of them backs the quality 33% says they are attracted to the demand of the product.13
of them is attracted to the promotion and 9% supports pricing
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Chart No 4.17
Differentiation with other products
Pricing Demand Quality Promotion
Series 1 9 33 48 13
0
10
20
30
40
50
60
Responses
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Table No 4.18
Satisfaction level
Question: Your satisfaction with the services offered by Dr.wash
Responses Number of Responses Percentage
Excellent 10 10
Good 63 63
Average 25 25
Poor 2 2
Source: Questionnaire.
Interpretation
Here is the final question of the satisfaction of the retailers, where they are directly askedto answer their satisfaction level. This satisfaction level can identifies how much a retailer is
satisfied with the product Dr. wash as well as the services offered by the company to the
retailers.
Here the satisfaction levels of retailers are good enough for a product. Where 68%
responds with a good level of satisfaction. And 19% stands with average satisfaction. 9% says
excellent satisfaction and 2% says poor
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Chart No 4.18
Satisfaction Level
0
10
20
30
40
50
60
70
Excellent Good Average Poor
Responses
Opinon
Sales
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Table N: 4.19
Problem Solving
Question: In case of any problem relating to the sale of Dr.Wash, your opinion about Ashique
Enterprises help to solve the problem
Responses Number of Responses Percentage
Excellent 57 57
Good 39 39
Average 3 3
Poor 0 0
Source: Questionnaire.
InterpretationMany retailers would have complaints regarding the product and credit sytem of the
products etc.,they always seeks for the better solution from the producers them selves. This
question is included to know the retailers opinion about the dr.wash product in solving these
problems.
Solving of any problems happened to the retailer is excellent. This is the openion by the
retailers about this question. 57 people says excellent sevice. 39% says good and 3% only backs
average. And there are none says that a poor opinion
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Chart No 4.19
Problem Solving
0
10
20
30
40
50
60
Excellent Good Average Poor
Responses
Opinion
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Yates correction for two-by-two tables when the expected frequency of any cell is less than 5 or
the total N is less than 50.
If there is only one column or one row (a one-way chi-square test), the degrees of freedom is the
number of cells minus one. For a two way chi-square, the degree of freedom is the number or
rows minus one times the number of columns minus one.
Using the chi-square statistic and its associated degrees of freedom, the software reports the
probability that the differences between the observed and expected frequencies occurred by
chance. Generally, a probability of .05 or less is considered to be a significant difference.
A standard spreadsheet interface is used to enter the counts for each cell. After you've finished
entering the data, the program will print the chi-square, degrees of freedom and probability of
chance.
Use caution when interpreting the chi-square statistic if any of the expected cell frequencies are
less than five. Also, use caution when the total for all cells is less than 50.
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Chi Square test is conduct to analyze the relation ship of experience in retail business with
the sales volume per day
Null Hypothesis (H0):
There is no significant difference between experiences in retail business with Sales volume per
day
Cross Table
Sales Volume per day
ExperienceLess than
50005000- 10000
10000-
15000
15000 and
aboveTotal
0 - 10 6 21 12 5 44
10 to 20 1 7 1 8 17
20 - more 3 9 3 6 21
Total 10 37 16 19 82
Chi-square =(o-e) 2/e
Degrees of Freedom: (R-1) x (C-1)
Here we have 3 rows and 4 columns
(3-1) x (4-1)
= 2 x 3 = 6
Level of Significance = 5%
= 0.05
The Table Value will be 12.59
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O E= (R*C)/100 E= (R*C)/100 E (O-E) (O-E)2
(O-E)2/E
6 440 100 4.4 1.6 2.56 0.58181818
21 1628 100 16.28 4.72 22.2784 1.36845209
12 704 100 7.04 4.96 24.6016 3.49454545
5 836 100 8.36 -3.36 11.2896 1.35043062
1 170 100 1.7 -0.7 0.49 0.28823529
7 629 100 6.29 0.71 0.5041 0.08014308
1 272 100 2.72 -1.72 2.9584 1.08764706
8 323 100 3.23 4.77 22.7529 7.04424149
3 210 100 2.1 0.9 0.81 0.38571429
9 777 100 7.77 1.23 1.5129 0.194710423 336 100 3.36 -0.36 0.1296 0.03857143
6 399 100 3.99 2.01 4.0401 1.01255639
16.9270658
(o-e) 2/e = 16.93
Is calculated value,
INTERPRETATION:
Hence the calculated value 16.93 is larger than the table value 12.59.so the null hypothesis is
rejected and accept the H1 hypothesis.
Since the null hypothesis is rejected we can conclude that there is significance difference
between experiences and sales volume.
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Weighted Average
Weighted average
Rank 1 Rank2 Rank 3 Rank 4
Pricing 12 42 29 17
Customer Choice 8 62 19 11
Service 29 53 15 3
Satisfaction 8 63 20 2
Weighted Average:
(R1 x 4+ R2 x 3 + R3 x 2 + R4 x 1)/10
Rank
1 Rank2
Rank
3
Rank
4
Weighted
Average
Rank
Pricing 12 42 29 17 24.94
Customer Choice 8 62 19 11 26.7
2
Service 29 53 15 3 30.81
Satisfaction 8 63 20 2 26.33
According to this Service got the highest weighted average of 30.8 hence it is ranked 1
Customer choice has got 26.7 and ranked 2nd
Satisfaction got an average of 26.3and ranked 3rd
Pricing got the least average of 24.9 hence it is ranked 4th
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Figure 4.20
Weighted Average:
Pricing
Customer Choice
Service
Satsfaction
0
10
20
30
40
50
60
70
Rank 1Rank2
Rank 3Rank 4
Pricing
Customer Choice
Service
Satsfaction
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5.FINDINGS The study elicits that majority of the retailers are maintaining optimum
product availability.
The study reveals that Dr.Wash is providing good awareness about theProduct.
The study Shows that majority of the retailers are satisfied with stockavailability.
The study found that company is providing lesser credit policies to theretailers of Calicut district.
The study reveals that majority of the retailers are not satisfied with discountpercentage offered by company.
The Study says that Retailers are satisfied with the quality of the productDr.wash.
The study reveals that a large population is aware about the product Dr. washin the district.
The study elicits that the retailers are not satisfied with the pricing policy ofDr.wash.
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6. RECOMMENDATIONS
The company can perform a detail demand survey at regular interval toknow about the unique needs and requirements of the retailer.
It is suggested that the company can develop a proper feedback mechanismprocess in terms of identifying and implementing the retailer suggestions.
The company may focus of lunching more sachet packets and 10 rupeesproducts.
It is recommended that the company may improve promotional activities interms developing the brand awareness among the rural retailers
It is better to the company to develop an effective add campaigns so thatretailers & customers may get good awareness of the company brands.
.The Company can increase the advertisements in television and newspapers.
The Pricing of Dr.wash should be based on the expert opinion surveyconducted on retailers as well as the consumers.
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7. CONCLUSIONWe must profitably achieve our business objectives by retaining current Dealers,
Consumers and gaining new one by continually meeting and exceeding their needs and
expectation. So, continuous Dealers and consumers satisfaction measurement is
essential. This study is aimed to measure retailers satisfaction towards Dr.wash washing
soap and the study provides a lot of suggestions. If the organization thoroughly studies
the suggestion and implements the suggestions, then, there is no doubt that it would
always remain satisfying the Consumers as well as Dealers. It would be able to attract
some more loyal Dealers and consumers of the competitors.
The marketing Strategies adopted by Dr.Wash is excellent. But somehow they
have to review some portion of their strategies and methods especially in pricing and
advertisement as they have got many improvable suggestions by the retailers. Even
though without much advertisements they still being a tough competitors in the markets
of Kerala.