Summer Training Report ON Study Analysis of Distributer and Customer Perception About "Frissia"
Summer Training Report ON Study Analysis of Distributer and Customer Perception About "Frissia"
Summer Training Report ON Study Analysis of Distributer and Customer Perception About "Frissia"
ON
Submitted by
SAURABH GARJOLA
Batch: 2009-2011
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DECLARATION
I hereby declare that the Project work entitled, STUDY ANALYSIS OF DISTRIBUTER
PERCEPTION ABOUT “FRISSIA” submitted by me for the partial fulfillment of the Post
Graduate Program (PGP) to IILM Institute for Higher Education, is my own original work
and has not been submitted earlier either to IILM or to any other Institution for the fulfillment of
the requirement for any course of study. I also declare that no chapter of this manuscript in
whole or in part is lifted and incorporated in this report from any earlier / other work done by me
or others.
Place : New Delhi
Date : 8/7/2010
Signature of Student
Name of Student:- SAURABH GARJOLA
Address:- A-86, 2nd Floor,
A.V.Nagar, Near Ansal Plaza,
New Delhi.
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ACKNOWLEDGEMENT
I feel great pleasure for the completion of this summer project. At the very outset I would
express my sincere thanks and deep sense of gratitude to personnel who helped me during the
collection of data and gave us rare and valuable guidance for the preparation of this report.
I take this opportunity to express our deep sense of gratitude and appreciation to Miss
Bhawana chandel (Hector Beverages pvt ltd.) for assistance, motivation, and being a continual
source of encouragement for us.
I am thankful to my mentor Mrs Piya Bakshi for his timely guidance, cooperation and
encouragement.
I also express my gratitude towards my parents and sincere thanks to my friends, well wishers
for their encouragement and kind co-operation to complete this report.
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Executive Summary
The purpose this report is to summarize my internship project for my evaluation. This project
was done at Hector Beverages private ltd. and was done nearly for two month duration at their
gurgaon office.
This report based on direct marketing and Market Research of Hector Beverages and my
objective is to share my practical experience and professional life, which I got during the
internship period. This report is a brief description and summary of word which I had done
during my internship period in Hector Beverages Private Ltd. Gurgaon. The internship program
provide me the great opportunity of being exposed to actual business, dealing and opportunity of
professional insight which help me in future. It was a great experience for me to work in this
organization. My theoretical knowledge about my subject become more strong after working
practical.
During the internship I use to go gym, chemist and doctors to tell about the product and also
make sale over there, I use to give questionnaires to be filled by the customers and distributers
for my market research of protein drink. I learned many tips of direct marketing and also learned
how to present your self in front of Customer.
In this report I had detailed company analysis and target market. these are also correlated with
the concept taught in 1st year of MBA.the project given and work done had been explain in the
report later.The final result, conclusion, and expectation have been mentioned at the end of the
report.
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CONTENTS
[3] PRODUCT…………………………………………………… 13
[4] COMPETITORS………………………………………………. 16
[6] OBJECTIVES………………………………………………… 23
[7] METHODOLOGY…………………………………………… 24
[8] GRAPHS……………………………………………………… 28
[9] FINDINGS……………………………………………………. 38
[10] CONCLUSION……………………………………………… 39
[11] RECOMMENDATIONS…………………………………….. 40
[12] REFERENCES……………………………………………….. 41
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INDUSTRY STUDY
The India FMCG industry is the 4th largest in the economy & has a market size of US $ 13.1
billion well established distribution networks, as well as intense competition between the
organized & unorganized segments are the characteristics of these sector. FMCG in India has a
strong & competitive Multinational Corporation presence across the entire value chain. It has
been predicted that the FMCG market will reach to US $ 33.4 billion in 2015 from
US $ 11.6 billion in 2003. The middle class & the rural segments of the Indian population are the
most promising market for FMCG, give brand makers the opportunity to convert them to the
branded products.
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The milk shortage of the sixties was what first fueled the growth of the sector with availability of
milk being rare & qualities always being suspect, milk addictives were in high demand. The
following decades saw the sector arousing along at an 8 to 10% growth rate, with milk shortages
fuelling growth, lot of companies jump on to this band wagon. The sector saw a flurry of
launches from Complan, Nutramul, Boost, Maltova, etc.
The eighties were the era of self reliance. Operation flood ensured the availability of good
quality milk & restrain the consumers motivation to buy addictives from “taste”. The
manufacturers quickly jump on to “energy” plank. A decade later of flurry of re-launches,
nutrition’s, freebies galore – Health Food Drinks are fighting to regain steaming as the industry
goes through trying time. Malt Food Health Drink Market is divided in white & Brown
Beverages.
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BEVERAGE INDUSTRY:-
Consumption Patterns of Beverages
The average annual beverage consumption of US population as per according to the Beverage
Market research.
Annual Beverage Consumption
Beverage Percentage
Carbonated soft drink 26.22
Bottle water 14.36
Beer 11.34
Coffee 11.24
Milk 10.87
Fruit Beverage 6.97
Tea 4.11
The Rs 250-crore branded energy drinks sector in India is growing at the rate of 60% as
compared to a 10% growth in the Rs 7,000-crore soft drinks market. The energy drinks market is
expected to reach Rs 1,100 crore by 2010-end.
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Protein is an essential component for our body, Protein is one of the body's main building blocks
for muscle, bone, skin, and other tissues. Used often by athletes, protein shakes come in many
combinations of protein, carbohydrates, and fats. They can range from 100% protein to mostly
carbohydrates with a little added protein and fat. Protein shakes come in a variety of flavors in
powder form or in ready-to-drink packages, such as cans or foil packs. Now in India protein
drinks are on high demand,as the people are getting aware about there health, they are trying to
quit cold drinks and other harmful drinks and switching over to health drinks and protein drinks.
ORGANIZATION STRUCTURE
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Structure of Hector
CEO COO
Company History:-
Hector Beverages is a Philadelphia based company and is focusing on Indian Consumer. Hector
Beverages is the new name for the Beverages market but,it has came with the genuine product
for the Indian people which they need for there daily life. Hector Beverages came into the Indian
market on October 2009 with a mission ,to give Indian people Healthy and Tasty drink for there
daily routine through there product. As, there are many beverages offerings in the developed
world are a lot better than those in the developing world.
The product which they are offering to the Indian Consumer is Frissia(Protein Drink). It is the
well-researched protein deficiency even amongst affluent Indians and the Product , jointly
developed with Solae LLC (a DuPont venture and the world’s leading protein research
company),uses the best natural identical flavors:-
1) Chocolate.
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2) Vanilla.
Making it a sensational combination of natural goodness, cutting-edge science and great taste.
Mr. Neeraj kakkar the CEO of Hector beverages, completed his MBA from MDI Gurgaon in
1998 and worked with coke for many year, and came with the idea of Frissia in 2009 with a
mission to give Indian people Healthiest drink with great taste.
Mr.Suhas the COO of Hector Beverages private limited company, completed his MBA from IIM
Calcutta in 2003 and he also worked in coke, Suhas came with the Marketing idea of Frissia in
India and trying to give Frissia as the top position in protein drink market.
Protein is what makes our body, skin, hair, nails, and helps many other things, if it is taken in
everyday diet and in proper quantity, which is possible made by Frissia therefore it is known as
Healthiest Snack in the World.
Ownership Pattern:-
Hector Beverages is a Private limited Company, there are two partner in the company Mr. Neeraj
kakkar and Mr. Suhas.
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Private ltd company(with two partner)
Departments:-
Department of Hector Beverages has been divided into four parts, they are as follows:-
DEPARTMENTS
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PRODUTS
Frissia, The Protein drink product of Hector beverages, which is one the finest protein drink for
the any age group. It complete 20% of daily protein requirement in per serve. It is the finest
protein drink, jointly developed with solae LLC(a DuPont venture and world’s leading protein
research company), uses the best natural identical flavors:-
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Energy(Kcal) 391.5
Protein(g) 34.1
Carbohydrates(g) 49.1
Of which Sugar(g) 39.3
Fat-total(g) 8.1
Saturated Fat(g) 3.7
Mono-unsaturated fatty acid(g) 3.4
Poly unsaturated fatty acid(g) 1.1
Cholesterol(mg) 0.0
Iron(mg) 9.3
Calcium(mg) 359.5
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Nutrients Vanilla per % of RDA Chocolate % of RDA
serving. revised per revised
serving.
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Total 120.1 6.005 117.5 5.8726
calories(kcal)
Total 10.2 20.4 10.2 20.485
Protein(g)
Carbohydrates 15.4 5.345454 14.7 5.36154
(g)
Of which 11.7 11.8
sugar(g)
Fat-Total(g) 2.1 3.6 2.4 3.655
-saturated fat(g) 0.9 1.1
-mono 0.9 1.0
unsaturated
fatty acid(g)
-poly 0.3 0.3
unsaturated
fatty acid(g)
-trans fatty 0.0 0.0
acids(g)
Cholesterol(m 0.0 0.0
g)
Vitamins
Vitamin A(IU) 244.8 27.20 225.24 28.36
Riboflavin(mg) 0.1 7.92 0.11 8.73
Vitamin 0.3 11.70 0.29 12.19
B12(mcg)
Biotin(mcg) 2.8 0.93 2.61 0.87
Vitamin 0.6 0.00 0.68 0.00
C(mcg)
Vitamin D(IU) 39.6 9.90 41.25 10.31
Vitamin E(IU) 0.1 0.00 0.09 0.00
Folate(mcg) 23.6 5.91 22.65 5.66
Pantothenic 0.2 4.69 0.28 5.58
Acid(mg)
Minerals
Calcium(mg) 102.4 10.24 107.85 10.79
Chloride(mg) 43.2 1.88 46.22 2.01
Copper(mg) 0.2 24.5 0.32 34.10
Iodine(mcg) 7.9 5.28 8.25 5.5
Iron(mg) 2.2 27.52 2.78 34.71
Magnesium(mg 3.4 0.84 16.32 4.08
)
Manganese(mg 0.1 3.23 0.07 3.03
)
Phosphorus(mg 163.5 23.36 117.81 25.40
)
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Potassium(mg) 219.7 4.67 338.40 7.20
Sodium(mg) 116.8 5.08 4.92
113.23
Zinc(mg) 1.1 9.76 1.26 11.42
Note:-
% of RDA for Macronutrients is based on a 2000 calorie diet
% of RDA for vitamin E chocolate flavor is 0.5
COMPETITORS
There are many competitor in the field of protein drink, But the main competition of Frissia is
with Nutrilite Protein of Amway and Protein X of Cadila Healthcare. Already they both
Beverages had made good presence in the market, therefore I got the chance to make people
aware about the healthiest snack in the world i.e “Frissia” and at the time of my training I got to
know about the competition of protein drink in the market with each other by giving there best
product to the customer, it may be terms of price, quality or best channel of distribution.
Nutrilite:-
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It has a high protein content of 80% and provides a balanced supply of all nine essential amino
acids. It also provides the added benefits of naturally occurring soy, calcium and iron.
Amway says:-
TASTING)
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The distribution channel of Nutrilite is Direct selling, Amway directly approach to there
customer:-
Protein X:-
Protein X is a trusted Brand in India, it provide good quality of protein and other nutrition. Most
of the doctor’s prescribe Potein X to needed patients. Protein X is a produt of Cadila Healthcare
ltd. Which has it’s coporate office in India and trying to increase there market share through
Protein X powder.
A single serving, when made with water, provides around 250 calories, and when mixed with
skimmed milk it provides around 320 calories.
Cadila say’s:-
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It is specifically designed to provide balanced nourishment.
It provides high-quality protein.
It is gluten-free and suitable for vegetarians.
Its balanced goodness contains everything your body needs to recover fast from illness.
Protein X comes in single flavor i.e chocolate, Today ProteinX is focused on providing nutrition
products suitable for all members of the family.
Cadpro:-
Cadpro is Cadila healthcare brand comes in chocolate flavor,it is also well known brand in the
protein drink market. Protein is an important building block of bones, muscles, cartilage, skin
and blood. Because your body doesn’t store protein, it’s essential to have an adequate daily
protein intake ,especially if you lead an active, energetic lifestyle. By giving you nearly a third of
the daily recommended value, cadpro High Protein Drink and it is in Powder form, are great
sources of the protein needed to enjoy and keep paced with your busy life.
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An important component of every cell, your body uses protein to build and repair tissues, as well
as make enzymes, hormones and other body chemicals. It provides you with energy to power
you through the day, from the office to the gym. Here’s how one serving of Cadpro High Protein
Drink benefits you:
15 grams of high-quality protein to help build muscles, bones and skin tissue.
100% of the recommended daily intake for Vitamin C to help support a healthy immune
system.
A third of the recommended daily allowance of phosphorus, which helps with kidney
functioning and heart regularity, enhances the use of other nutrients and is a vital
component in healthy bones, teeth, gums and other tissues.
Contains calcium for forming, building and maintaining strong, healthy bones and teeth.
INTRODUCTION OF PROJECT
Direct selling is a dynamic, vibrant, rapidly expanding channel of distribution for the marketing
of products and services directly to consumers. The purpose of this paper is to describe direct
selling and the benefits that it brings to the marketplace.
Research shows some of the most popular reasons people choose direct selling
are:
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Direct selling is a good way to earn extra income.
Salespersons knowledge
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Price 2. Market
share
As per I have work with hector beverages, I had done direct selling and market research. First I
will explain how I sold the product. Before I started to sell the product, I research about the
protein drink company, product and competitors.
Company : Hector Beverages came into the Indian market on October 2009 with a mission ,to
give Indian people Healthy and Tasty drink for there daily routine through there product The
organization is new to enter in the market and it is located in south city (gurgaon). The structure
of the organization is flat. There are ten people in the organization.
Product: The product which they are offering to the Indian Consumer is Frissia(Protein Drink).
It is the well-researched protein deficiency even amongst affluent Indians and the Product. It
launched two flavors in the market.
1) Chocolate.
2) Vanilla.
Making it a sensational combination of natural goodness, cutting-edge science and great taste. It
is also called energy drink, where people take unbalanced diet and protien. This product recover
unbalanced protien. The price of the product is 150.
Competitor : There are many competitor in the field of protein drink, But the main competition
of Frissia is with Nutrilite Protein of Amway and Protein X of Cadila Healthcare. Already they
both Beverages had made good presence in the market, therefore I got the chance to make people
aware about the healthiest snack in the world.
At last I sold the product retailer, chemist shop, doctor and friends. And through the direct
selling I had done market research also with customer and distributer.
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Statement of problem
Customer perception towards “frissia”
Distributer perception towards “frissia”
Endorsement impact on “frissia”
OBJECTIVES
The objective of study is that a trainee must understand the company. It’s achievement and task,
product and services and also to collect information about it’s competitors, product offered by
the company. So that after understanding and collecting information about organization and it’s
competitors, a trainee will be able to work well for the organization.
Research objectives:-
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METHODOLOGY
Market Research Problem:-
1) As, there are number of protein drink in the beverages market does people will jump to
new protein drink.
2) Determining the price factor for customer as well as margin for Distributer.
3) Advertisement brings the success to the Health Drink.
4) Indian people are changing the trend and coming to the supplement diet.
Research Design:-
1) Customer Perception.
2) Distributer Perception.
Characteristics of Customer:-
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1) All are Gym Going people.
2) Age group 0f 18-50.
3) Good Knowledge of Protein Drink.
Characteristics of Distributer:-
QUESTIONS TO CUSTOMER.
Conclusion:-Most of the Respondent drink protein drink lot and say’s Indian people are
changing there perception for supplement diet, people are using supplement diet in many forms
like rivital, energy drink, Food supplement and many others.
Conclusion:-Respondent say’s no, any Health conscious can take Protein drink, in market there
are number of light protein drink which can be taken by any person.
Q3:-After coming in market, what a new protein drink should do to increase his market share?
Conclusion:-Most of the respondent say’s advertisement through T.V or print media is the best
way to make Customer, people attract more through t.v promotion.
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Q4:-Is taste matters in protein drink?
Conclusion:-Respondent say’s no health means no taste only health, it doesn’t matter drink is
tasty or not but, it should be effective for health.
QUESTIONS TO DISTRIBUTER
Conclusion:-Respondent say’s generally t.v adds attract customer to buy any particular protein
drink and many of the customer buy on the prescription of doctor’s and gym instructor.
Conclusion:-Respondent say’s good margin in any product makes us to sell the product and
demand is also one of the factor to sell protein drink.
Conclusion:-T.V is the best medium to generate demand, one respondent gave example, like any
Deo or perfume launched in the market it is broadcast on t.v in attractive style and it comes to the
eyes of many viewer, same can be done with FMCG product.
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Methodology of research:-
At the time of sale I Research to, many customer and gym instructor who told me about many
protein drink in market and what should be the nutritional needed to a normal person and to gym
going people.
Target Group:-
Sampling technique:-
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I had carried interview of Chemist and general stores at the time of sale, and done group
discussion with gym instructor people coming to gym and Health conscious people. There was
100 sample from both customer and distributer with whom I carried interview at the time of sale.
GRAPHS
Graph of Customer
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How often you drink protein drink
A lot
20%
Hardly a month
24%
once in a week
2-3 in a week 28%
28%
No
48%
Yes
52%
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From where you purchase
other Retail shop
17% 8%
Malls
13%
chemist shop
63%
Word of mouth
32% Brand name
40%
Addective taste
20%
price factor
8%
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celebrity endorsement is right way
strongly disagree
disagree 8%
16%
Strongly agree
36%
No
100%
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How do you know about frissia
;
100%
No
92%
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how is the taste
good
24%
bad
40%
average
36%
No
68%
Graph of distributer
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Customer ask for protein drink
Yes
100%
Age group
36-45 46-55
12% 4%
15-25
52%
26-35
32%
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Age group
36-45 46-55
12% 4%
15-25
52%
26-35
32%
Nutrilite
50%
Protein X
38%
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Factor of purchasing protein drink
product quality
24% Good margin
40%
demand
36%
To Generate demand
Health magzine
24%
T.V adds
76%
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Heard about frissia
No
100%
c&f
52%
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Customer ask for protein drink
Yes
100%
FINDINGS
Project on Hector Beverages pvt ltd. Was a learning experience. And make me close to the
different Protein drink of different company in the market. After the study of protein drink
market I got to know about:-
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Mostly people take protein drink after the prescription of doctor, they don’t take it by
themselves
Gym going people like to take protein drink, while other hardly take it
While doing market research I also find that customer wants protein drink at cheaper
price .ex:- Frissia’s 150gm pack is of Rs 150, while protein X 200gm pack is of Rs
162.Mostly people want “value for money”
At the time of market research, most of the customer buy protein drink only for taste not
for the health
CONCLUSION
After the Direct sale and Market research we conclude that people don’t prefer “frissia” because
the company don’t advertise it’s product and in this competitive market every product need
endorsement through celebrity. And the other protein drink company promote the product
through advertisement. Some times price factor also affect the sale of the product because frissia
has higher price than other competitor.
As I had done direct selling also, I found that Frissia product unable to find proper distribution
channel, they don’t have distribution channel except gym.
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RECOMMENDATIONS
1) The company should focus on creating awareness of Protein drink among consumers.
2) The company should decrease the price of the Protein drink products.
3) The company should add intermediaries in between who may make there products
available at shops and other places.
4) The company should participate in various health fairs and put canopies in malls,
Shopping areas and residential areas to create awareness among consumers.
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REFERENCES
(BOOKS)
(WEBSITES)
www.hectorbeverages.com
www.google.com
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