Cadbury Final Report by JATISH

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    SUMMER PROJECT REPORT SUBMITTED

    TOWARDS THE PARTIAL FULFILLMENT OF

    UNDER GRADUATE DEGREE IN BUSINESS

    ADMINISTRATION

    “AN ANALYSIS OF BRAND POSITIONING OF

    CADBURY INDIA LTD."

     

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    SUBMITTED TO SUBMITTED BY-

    MS.ADITI BATHEJA

    JATISH SHARMA

      BBA+MBA (DUAL)

      A393!#!$

      !#-!%

      AMITY SCHOOL OF BUSINESS& NOIDA

    AMITY UNI'ERSITY UTTAR PRADESH

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    CERTIFICATE

    This is to certify that I, MR .JATISH SHARMA, a student of Under Graduate Degree in

    BBA+MBA DUA!" #$%&'#$%(", A)ity Schoo* of Business, oida has or-ed under thea*e guidance and su/er0ision of Assistant /rofessor Ms. ADITI BATH1JA

    This Ter) 2a/er re/ort has the re3uisite standard for the /artia* fu*fi**)ent the Under

    Graduate Degree in Business Ad)inistration. To the est of our -no*edge no /art of this

    re/ort has een re/roduced fro) any other re/ort and the contents are ased on origina*

    research.

    I a) aare that in case of non'co)/*iance, A)ity Schoo* of Business is entit*ed to cance* the

    re/ort.

    S*,/0

    JATISH SHARMA

    E/120 N1.A393!#!$

    S*,/0 14 P/1506 C11/7,1/ S*,/0

      (ADITI BATHEJA)

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    DECLARATION

    I, 5,8 8,/,&  dec*are that the /ro4ect re/ort entit*ed "A A,2:88 14 B/,7 P181*14 C,7;/: I7, L7." eing su)itted to a)ity uni0ersity , oida A//ro0ed y AICTE)for the /artia* fu*fi**)ent of the re3uire)ent for the aard of (BATCH OF !#-%)  is )yon endea0ors and it has not een su)itted ear*ier to any institution5uni0ersity for anydegree.

     

    JATISH SHARMA

    BBA+MBA(DUAL)

      A393!#!$

      SEM II

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    TABLE OF CONTENTS

    (R080,/6 B,807)

    C,=0/ N1.S;506 =,*0 1.

    8BJ19TI:1S 86 TH1 STUD;

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      OBJECTI'E OF THE STUDY

    To study the strategies ? )easures ado/ted y 9adury for /ositioning its rands in the

    )ar-et.

      SCOPE OF THE STUDY

    The study is restricted to de*hi on*y. 1fforts ha0e een to ha0e consu)ers sur0eyed in

    De*hi

    . Mar-eting research has its i)/ortance not on*y for consu)ers )ar-et ut a*so it sur0ey

    effecti0e*y to the /roducer of goods and ser0ices. The use of )ar-eting research in

    consu)er )ar-et )ay e e7/*ained on the asis of fo**oing ser0ices rendered y it.

    . It ascertains the /osition of a co)/any in s/ecified Industry.

    3. It indicates the /resent, future trend of Industry and /oint out ho the co)/any@s affairs

    are eing turned u/.

    #. It he*/s in de0e*o/)ent and introduction of ne /roduct.

    The data co**ected y )e it inc*udes oth /ri)ary and secondary data

     

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      METHODOLOGY

    Research in co))on /ar*ance refers to a search for -no*edge. 8ne can a*so define

    research as a scientific and syste)atic search for /ertinent infor)ation on a s/ecific to/ic. In

    fact, research is an art of scientific in0estigation. The Ad0anced !earner@s Dictionary of 

    9urrent 1ng*ish *ays don the )eaning of research as a carefu* in0estigation or in3uiry

    es/ecia**y through search for ne facts in any ranch of -no*edge. Red)an and Mory

    define research as a syste)atied effort to gain ne -no*edge.C So)e /eo/*e consider 

    research as a )o0e)ent fro) the -non to the un-non. It is actua**y a 0oyage of disco0ery.

    Mar-eting Research is a /rocess of co**ecting and ana*ying )ar-eting infor)ation

    u*ti)ate*y to arri0e at certain conc*usion. The /ur/ose of this research is to descrie the

    research /rocedure. Research Methodo*ogy is the )ean to /*an out the or-ing /rocess or the

    course of action to reach the o4ecti0e. It is e7tre)e*y crucia* and ho*ds the -ey to the success

    of the sur0ey. 9adury India *td. is hich is )ar-eting /roducts ha0ing different /roducts.

    Thus a sur0ey )ethod of )ar-eting research is essentia**y e7/*oratory in nature.

    SECONDARY DATA

    • Secondary data as co**ected through esites, oo-s, )againes, nes/a/ers etc.

    I thin- that this re/ort i** he*/ the custo)er to -no aout the rand /ositioning in 9aduryand )a-e the readers aare ho the research I ta-ing /*ace for 9adury *td

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      INTRODUCTION

     

    9adury do)inates the choco*ate )ar-et ith aout %E )ar-et share. est*e has

    e)erged as a significant co)/etitor ith aout #FE )ar-et share. >ey co)/etition in the

    choco*ate seg)ent is fro) co'o/erati0e oned A)u* and 9a)/ co, esides a host of 

    unorganied sector /*ayers. There e7ists a *arge unorganied )ar-et in the confectionery

    seg)ent too. !eading nationa* /*ayers are 2arrys, Ra0a*gaon, 9andico and utrine. M9s

    *i-e 9adury, est*e, 2erfetti, are recent entrants in the sugar confectionery )ar-et. 8ther 

    co)/eting rands such as G9MM6s Bada) ar and est*@s Bar 8ne ha0e )inor )ar-et

    shares.

    9hoco*ate consu)/tion in India is e7tre)e*y *o. 2er ca/ita consu)/tion is around

    %$g)s in the uran areas, co)/ared to ('%$-g in the de0e*o/ed countries. In rura* areas, it is

    e0en *oer. Indian choco*ate )ar-et gre at the rate of %$E /a in $s and ($s, dri0en

    )ain*y y the chi*dren seg)ent. In the *ate ($s, hen the )ar-et started stagnating, 9adury

    re/ositioned its Dairy Mi*- to any than an occasiona* ti)e /roduct rather *u7ury. Its

    ad0ertise)ent focused on adu*ts rather than chi*dren. 9adurys 6i0e Star, the first count

    choco*ate, as *aunched in %(. Due to its resistance to te)/erature, the choco*ate has

     eco)e one of the )ost ide*y distriuted choco*ate in the country.

    FUTURE PLANS OF CADBURYS INDIA LIMITED

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    C140610/: I78/:

    The confectionery industry in India is a//ro7i)ate*y di0ided intoK

    • 9hoco*ates

    • Hard'oi*ed candies

    • Lc*airs ? toffees

    • 9heing gu)s

    • !o**i/o/s

    • Bu*e gu)

    • Mints and *oenges

    The tota* confectionery )ar-et is 0a*ued at Ru/ees &% i**ion ith a 0o*u)e turno0er of

    aout ##F$$ tonnes /er annu). The category is *arge*y consu)ed in uran areas ith a

    FE s-e to uran )ar-ets and a #E to rura* )ar-ets.

    Hard oi*ed candy accounts for %(E, Lc*airs and Toffees accounts for %(E, Gu)s and

    Mints and *oenges are at /ar and account for %FE. Digesti0e 9andies and !o**i/o/s

    account for #.$E share res/ecti0e*y.

    80era** industry groth is esti)ated at #FE in the choco*ates seg)ent

    and sugar confectionery seg)ent has dec*ined y %E.

    9adury ith Dairy Mi*- , 2er- , Ge)s,  Star , 9e*erations, Bytes, Dairy Mi*- Lc*airs,

    Lc*airs 9runch, Mr. 2o/s and Ha**s rands is a -ey /*ayer in the

    choco*ate, c*airs, *o**i/o/s, and )ints seg)ents.

    M2> B0?0/,*08

    The Mi*- Be0erages industry is 0a*ued at Ru/ees %.% i**ion ith an annua* turno0er of

    a//ro7 F,$$$ tonnes. As /er ie*sen esti)ates the industry is groing at

    %$.%E.

    http://www.cadburyindia.com/brands/choco1.asphttp://www.cadburyindia.com/brands/choco1.asphttp://www.cadburyindia.com/brands/choco3.asphttp://www.cadburyindia.com/brands/choco3.asphttp://www.cadburyindia.com/brands/choco10.asphttp://www.cadburyindia.com/brands/choco10.asphttp://www.cadburyindia.com/brands/choco2.asphttp://www.cadburyindia.com/brands/choco4.asphttp://www.cadburyindia.com/brands/choco4.asphttp://www.cadburyindia.com/brands/choco9.asphttp://www.cadburyindia.com/brands/choco8.asphttp://www.cadburyindia.com/brands/choco8.asphttp://www.cadburyindia.com/brands/conf1.asphttp://www.cadburyindia.com/brands/choco3.asphttp://www.cadburyindia.com/brands/choco10.asphttp://www.cadburyindia.com/brands/choco2.asphttp://www.cadburyindia.com/brands/choco4.asphttp://www.cadburyindia.com/brands/choco9.asphttp://www.cadburyindia.com/brands/choco8.asphttp://www.cadburyindia.com/brands/choco8.asphttp://www.cadburyindia.com/brands/conf1.asphttp://www.cadburyindia.com/brands/choco1.asp

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    9adury is a -ey /*ayer in the seg)ent ith 9adury Bourn 0ita and 9adury Bourn 0ita

    Star Magic

    MANAGERIAL USEFULNESS OF THE STUDY

    . 9adury has egun recruiting )anage)ent graduates in India to ser0e its g*oa*

    o/erations.

    . 6actors for successK e7tensi0e distriution netor-, strong rands, custo)iation to

    Indian )ar-et.

    3. 6or 9adury, India isK huge /otentia* )ar-et, source of )anageria* ta*ent.

    #. 6uture /*ans, IndiaK To e7/*ore *arger /ortfo*io or groth. To *oo- for o//ortunities in

    SAAR9 region.

    SIGNIFICANCE OF CADBURY

    In this g*oa* and co)/etiti0e era a** usiness acti0ity needs )ore co)/*e7 su/erior 

    and enhanced techno*ogy. In the /resent scenario choco*ate industry has eco)e )ore

    consu)ers oriented.

    Research eco)es a necessary for usiness acti0ity to acce*erate the usiness in a

    greater /ace. Researcher shos the current /osition as e** as strength and ea-ness of an

    organiation and /roduct, hich he*/s in the for)ation of usiness /*an. In the other hand

    o//onents are aiting for us to ta-e erroneous decision and ta-e ad0antages of the situation.

    =e can counter their )o0e on*y through dyna)ic and effecti0e too* of )ar-eting research.

    http://www.cadburyindia.com/brands/bev1.asphttp://www.cadburyindia.com/brands/bev1.asphttp://www.cadburyindia.com/brands/bev1.asphttp://www.cadburyindia.com/brands/bev1.asphttp://www.cadburyindia.com/brands/bev1.asphttp://www.cadburyindia.com/brands/bev1.asp

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    So it as a great /*easure to contriute to the dyna)ic fie*d of )ar-eting in the

    choco*ate industry. The /resent research or- on 9adury has a significant ro*e for 

    organiation to e0a*uate its /o*icy and enhance their /osition in the )ar-et. The research

    or- a*so shos the re*ationshi/ eteen retai*er'organiation, retai*er'custo)er,

    organiation'custo)er, hich is as i)/ortant syste) as ner0e syste) in hu)an ody

    'ISION OF CADBURYS INDIA

    To eco)e a /erfor)ance dri0en and 0a*ues *ed organiation. Throughout changing

    ti)es, our constant 0a*ues ha0e ins/ired us to e /ioneers in usiness and in cor/orate

    res/onsii*ity. They he*/ ensure e are /roud of our co)/any and are critica* to our core

     /ur/ose of creating rands /eo/*e *o0e.

    MISSION OF CADBURYS INDIA

    P0/41/,60 881@ =e are /assionate aout inning. =e co)/ete in a tough ut fair ay. =e are a)itious, hardor-ing and )a-e the )ost of our ai*ities. =e are /re/ared to

    ta-e ris-s and act ith s/eed.

    ,2: 881@ =e /ut 3ua*ity and safety at the heart of a** of our acti0ities ' our /roducts,

    our /eo/*e, our /artnershi/s and our /erfor)ance.

    R08=18;2: 881@ =e ta-e accountai*ity for our socia*, econo)ic and en0iron)enta*

    i)/act. In this ay e ai) to )a-e our usiness, our /artners and our co))unities etter for 

    the future.

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    PROBLEMS OF THE ORGANIATION

    It is not a hidden fact the 9adury has its on i)age or rand hich shos the 0a*ue of 

    )oney for its /roduct. The 9adury ha0e a great /roduct *ine and de/th.

    If e gi0e a o0era** *oo- on the a** )ar-et /osition of 9adury /roduct a*)ost a** /roduct

    ha0e a great )ar-et share in other hand a** /roduct are )ar-et *eader ith their grater 

    sa*es 0o*u)e and high turno0er. But in case of 9adury snac-s and e0erages the /osition

    of 9adury is not satisfactory. The co)/any has se/arate distriution channe* for 

    choco*ate, they are gi0ing high /riority to confectionery /roducts. They are /ro0iding

    easy re/*ace)ent, high /enetration, and regu*ar 0isit to retai*ers sho/. Most i)/ortant*y

    they are /ro0iding coo* storage e3ui/)ent to their retai*ers and the) /ositioning their 

     /roduct through hea0y ad0ertise)ent ca)/aign.

    Recent*y the 9adury 9hoco*ate is re'*unched in )ar-et ut the /osition re)ains sa)e,

    hich is 0ery critica* for the co)/any. After re'*unched, the sa*e 0o*u)e and custo)er 

    aareness aout the a** choco*ate /roducts re)ain unsatisfactory, hich create harsh

    situation for a** organiation. 9o)/any high*y i**ing to e7ce* in the choco*ate fie*d there

    are so)e /ro*e), hich is ad0erse*y inf*uence the organiation.

    There are so)e /ro*e)s, hich is as fo**osK '

    • 9o)/etitors /osition in )ar-et

    • :ast distriution channe* hich dea*s a*)ost a** /roduct

    • Re/*ace)ent

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    S.W.O.T ANALYSIS OF THE ORGANIATION

      STRENGHTS

    . 9adury is a co)/any, hich is re/uted internationa**y as the to/)ost choco*ate /ro0ider in the or*d.

    . The rand is e** -non to /eo/*e ? they can easi*y identify it fro) others.

    3. 9adury the or*d *eaders in choco*ate, is a e**'-non force in )ar-eting and

    distriution.

    #. Users ha0e a /ositi0e /erce/tion aout the 3ua*ities of the rand.

    $. 9adury )ain strength is Dairy )i*-. Dairy )i*- is the )ost consu)ed choco*ate in

    India.. By using /o/u*ar )ode*s *i-e 9yrus Brocha, 2retty Ninta and others 9adurys has

    )anaged to /ortray a young and s/orty i)age, hich has resu*ted in con0erting

     uyers of other rands to eco)e its staunch *oya*ists.

    . 9adury has e** ad4usted itse*f to Indian custo).

    %. It has /ro/er*y re/ositioned itse*f in India hene0er re3uired i.e. fro) chi*dren to

    adu*ts, togetherness ar to energiing ar for young ones etc.

    WEA

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    . There is a *ot of /otentia* for groth and a huge /o/u*ation ho do not eat choco*ates

    e0en today that can e con0erted as ne users.

    3. Using infor)ation and techno*ogy to ring efficiency in *ogistics and distriution

    THREATS

    . There e7ists no rand *oya*ty in the choco*ate )ar-et and consu)ers fre3uent*y shift

    their rands.

    .  e rands are co)ing and e7isting rands are introducing ne 0ariants to add u/ to

    an a*ready o0ercroded )ar-et.3. The co)/any has *arge e7/osure to foreign currency e7change rate ris-, )ain*y on

    account of i)/orted cocoa eans and cocoa utter in US Do**ar and 2ound Ster*ing.

    MAR

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    re*e0ant to the 9adury consu)er. In de/th custo)er research is conducted to test these

    )essages.

    Research resu*ts confir)ed that co*ors recognition of dar- /ur/*e is strong*y

    associated ith 9adury. Its *ogo is readi*y recognied and scores a ninety si7 /er cent

    recognition *e0e* a*ongside other g*oa* rands such as 9oca 9o*a and McDona*ds. The g*ass

    and a ha*f sy)o*, hich /*ays a -ey ro*e in the 9hoose 9adury strategy, continues to

    co))unicate the 3ua*ity and su/erior taste of 9adurys choco*ate.

    9adury introduced a ne g*oa* )ar-eting strategy ca**ed 9hoose 9adury. This

    strategy ca)e aout as a resu*t of e7tensi0e research into consu)er eha0iors and /erce/tion.

    It is a ca)/aign that /erfect*y i**ustrates ho a rand can e0o*0e and ho different )essages

    can e co))unicated ithout *osing the core strength and rand 0a*ues that are a*ready

    esta*ished.

    The c*assic icons ha0e /*ayed a )a4or ro*e in esta*ishing the *oo- and fee* of ho

    9adurys ad0ertise)ents shou*d *oo- through successi0e ca)/aigns. These -ey *oo- and

    fee* icons ere hea0i*y researched to ensure that the )essages they i)/art are a*ays

    re*e0ant to the 9adury consu)er. In de/th custo)er research is conducted to test these

    )essages

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    The gra/h shos that 9adurys India !td. to/s ith E share of the ad0ertising /ie on

    te*e0ision. est*e India !i)ited gras the #nd /osition ith #(E share, hereas, 2ar*e

    2roducts gets the Frd /osition ith E of the ad0ertising share. 8ther ad0ertisers ho cou*d

    )a-e u/ to the to/ are a)u* and Ra0i foods. The rands that are ad0ertised the )a7i)u)

     y the 9adury@s India !td.

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    FINDINGS RECOMMENDATIONS

    FINDINGS

    • In the age grou/ of %'#$ and #%'F$, the a0erage )onth*y s/end is not inf*uenced y the

     /*ace of residence5 socia* c*ass ut rather on, here a /erson studies5or-s i.e y the

    socia*P circ*e of his friends and co**eagues.

    • The consu)ers y and *arge are satisfied ith the /resent choices a0ai*a*e in choco*ates

    i.e. there are no co)/*aints of consu)ers as regards to e7isting 0arieties of choco*ates.

    • Hoe0er there are )any ne ants and de)ands of consu)ers in ter)s of ne f*a0ors

    and ingredients of choco*ates hich the /resent rands of choco*ates ha0e not introduced

    into the Indian )ar-ets.

    • There is a sustantia**y *o )argin of difference in ter)s of /eo/*e ho are sensiti0e to

     /rice of choco*ates and hence it cannot e /ro0ed conc*usi0e*y that introducing a

    choco*ate at a *esser /rice than the /re0ai*ing /rice i** *ead to ca/turing of )ar-et share.

    • 9onsu)ers attach )ore 0a*ue to the rand of the choco*ates as e** as the /ac-aging i.e.

    the 3ua*ity of the choco*ates.

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    RECOMMENDATIONS

    9adury@s Dairy Mi*- is undenia*y the *eader rand of not on*y the 9adury@s as-et

     ut a*so the choco*ate seg)ent as a ho*e and is in a sense a*)ost generic to the category inthe country. 9adury@s Dairy Mi*- )ust therefore through its )edia /osture e the rand

    cha)/ion and carry the rand )essage. =ith ha*f the ad0ertising s/ends of 9adury@s,

    9adury@s Dairy Mi*- )ust ui*d on the rand e3uity through a /re)iu) )ar-eting strategy

    that ref*ects in the )edia co))unication and /ositioning as e**. This ou*d trans*ate to

    *arge and continuous rand /resence. Te*e0ision is the ad0ised /ri)ary )ediu) of 

    co))unication as it has )ass reach, a fa0ora*e i)age, high /restige 0a*ue and is attention

    getting hi*e ha0ing *o cost /er e7/osure for a high aso*ute s/end.

    The )edia i** go hand'in'hand ith the ad0ertising in reaching the e7/anding target

    audience the rand is reaching out to. Herein, the )edia )ust a*so su//*e)ent the youthfu*

    e7uerance and ree**iousness of the ad0ertising co))unication. 9aution shou*d e

    )aintained not to dent rand e3uity hi*e increasing /enetration in s)a**er tons y

    using*oca**y targeted )edia channe*s in a )anner that i** a**o ca/ita*iation of the

    Q/re)iu) nesses of the rand.

      SUGGESTIONS

    T0 41221* ,/0 810 14 0 8**0818 =/0=,/07 41/ C,7;/:

    . 9hoco*ate shou*d e a0ai*a*e e0eryhere.

    . They shou*d introduce ca*orie free or *o ca*orie choco*ate.

    3. They shou*d /ro0ide /ac-s of a** sies so that it can e afforded y anyone.

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    #. The choco*ate shou*d ha0e attracti0e /ac-aging.

    $. The choco*ate shou*d e energiing and hea*thy to eat.

    . 2ro0ide different taste of choco*ates. Infor) aout the ingredients on ac- of a** /ac-s.

    They shou*d )a-e aso*ute*y 0egetarian choco*ates.

    . 2rice shou*d e -e/t *o e0en hen the choco*ate is successfu*. It shou*d e a*e to

    re/*ace snac- if consu)ed i.e. hea0y hen eaten.

     

    CONCLUSION

    It is conc*uded that 9adury India !td. is /ro0iding the est 3ua*ity /roducts as /er the

    needs of the consu)ers. They shou*d ta-e care of the Indian custo)s y /ro0iding /ure

    0egetarian /roducts... At /resent 9I! stri0ing for internationa* 3ua*ity in their /roducts

    and /rocesses.

    As /er /rice of the /roduct shou*d e -e/t *o as co)/ared to its co)/etitors, the /roduct

    shou*d e /urchasa*e y a** i.e. e0en a )idd*e c*ass fa)i*y /eo/*e can uy it. They

    shou*d /ro0ide 0a*ue for the )oney /aid for the /roduct. Initia**y they shou*d cut on

     /rofits and -ee/ /rices *o.

    As /er /ac-aging of the /roduct shou*d e 0ery attracti0e, y *oo-ing at the /ac-et

    consu)er shou*d e te)/ted to uy it. The /roduct shou*d a*so e a0ai*a*e in 0arious

    sies. The /roduct /ac-age shou*d create an i)age in the )inds of the /eo/*e *i-e /ur/*e

    co*or for 9adurys.

    As /er /ro)otion ca)/aign, hich ou*d ta-e care of e7hiitions, and s/onsorshi/ on

    te*e0ision /rogra)@s and festi0a*s and fairs, as a /ro)otiona* too* they shou*d distriute

    free sa)/*e a)ong /eo/*e. This can e )ain*y done outside schoo*s and co**eges areas

    here they )ain*y find young /eo/*e on ho) the /roduct is )ain*y ai)ed.

    As /er groth of their )ar-et share through aggressi0e /roduct de0e*o/)ent, focusing on

    cost co)/etiti0eness and /roducti0ity in their o/erations and inno0ati0e uti*iation of our 

    assets, in0esting to de0e*o/ our /eo/*e.

    As /er encourage its custo)ers to gi0e their feedac- regarding the /roduct. 8n the

    ra//er of the /roduct the co)/any suggests the custo)er to contact the) either y )ai*or /hone in case the consu)ers are dissatisfied ith the /roduct.

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    Due to its rand 0a*ue co)/any shou*d in the hearts of consu)er and thus en4oys ord

    of )outh inf*uence i.e. /ersonne* co))unication'one consu)er acts as the other 

    consu)er@s uying guide and ad0ices hi) to uy the /roduct. on'/ersonne*

    co))unication is )edia that carries )essage ithout /ersona* contact ith the consu)er.

    Ma4or )edia consists of /rint )edia, and dis/*ay )edia, and roadcast )edia. 9o)/any

    shou*d ado/t the co)ination of a** these three )edia. But they use the roadcast )edia

    and *ast*y the /rint )edia.

    BIBLIOGRAPHY

    BOOot*er 2hi*i/,C Mar-eting )anage)ent 1*e0enth 1dition, 2earson 1ducation.

    F S ee*a)egha), Mar-eting in India cases ? readings", 1dition # , #$$

    & Ra4endra argund-ar ? Ta/an - 2anda, Mar-eting strategies for e)erging )ar-ets,

    Harsh :er)a, Brand )anage)ent te7t ? cases ",

    Su/er rands India usiness or*d )againes

    WEBSITES

    % htt/K55.caduryindia.co)5.

    # htt/K55.indiainfo*ine.co)5.

    F usiness#$$$.co)

    & randee-.co)

    )yiris.co)

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    ade7india.co)