Aishwarya Manatkar
Aishwarya Manatkar
2019-21
I
Acknowledgement
II
Indira School of Business Studies, Pune
Summer Internship Project Certificate
Date: 10/05/2020
This is to certify that Ms. Aishwarya Gajanan Manatkar is a bonafide student of this Institute and has
successfully completed his/her project entitled Marketing and Branding Strategies of Amul for partial
fulfillment of the course Master of Business Administration (Marketing), affiliated to Savitribai Phule
Executive Summary
III
The main purpose of this project is to study marketing and branding strategies of
Amul to help us understand the functioning of the company.
This project contains detailed analysis of the marketing strategies that the brand
Amul has implemented to survive in the market.
Amul has been known for its advertisement campaigns. It usually builds on the
theme of current happenings in the country and often use humor as the tool to
convey the message. Amul's longest running advertisement campaign has also
found a place in the Guinness Book of World Records. So the project also provides
insight to the branding strategies of Amul.
The actions taken by Amul during the COVID-19 pandemic are also looked into.
This project further provides a sight into the company analysis through SWOT.
Also the FMCG sector analysis is done using Porter’s Five Forces model and the
PESTLE analysis.
Table of content
IV
S. No. Contents Page No.
Introduction
Sector Analysis
Company Analysis
V
3.5 Main competitors and market share
News Analysis
5. Review of Literature 35
6. Objectives
Research Methodology
9. Conclusion 43
10. Limitations 44
11. Recommendations 45
12. Bibliography 46
VI
Table of Figures
VII
1. Introduction
Project is regarding the study of the detail study of the Dairy industry under
FMCG sector and complete company analysis of Amul India. The project will
explain the working of the company and its marketing and branding strategies,
also giving insight how Amul has grown over the years to become the leading
company in the Dairy industry. In the project, the effect of the pandemic situation
on the working of the company is also observed.
The main purpose of this project is to study how Amul has created its own place
and position in the mind of the customers with its efforts and unique branding and
advertising using the mascot called “Amul Girl”. Along with it, the other
objective is to study how Amul has sustained itself in such a competitive market
using different marketing and advertising strategies.
This project will hopefully give the insight about how the new companies should
work and use different advertising and marketing strategies like Amul has, and
continuing to, use to survive in the highly competing market.
The project will extend its periphery in proving information about present
practices capabilities, and future directions of Amul. Understanding domestic
marketing and product strategies along with the study of capabilities of
competitors and prices quoted by them. Quality, service, and pricing and scheme
etc. factor of products are also an important part of the study.
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2. Sector Analysis
Fast-moving consumer goods (FMCG) sector is the 4th largest sector in the Indian
economy. In FMCG sector, Household and Personal Care accounts for 50 per
cent of FMCG sales in India. The key growth drivers for this sector have been the
growing awareness, easier access and changing lifestyles of people. The urban
segment (accounts for a revenue share of around 55 per cent) which is the largest
contributor to the overall revenue generated by the FMCG sector in India.
However, in the last few years, it is seen that FMCG market has grown at a faster
pace in rural India compared with urban India. Semi-urban and rural segments
are growing at a rapid pace and FMCG products account for 50 per cent of total
rural spending.
There are three main segments in the sector – food and beverages, which accounts
for 19 per cent of the sector; healthcare, which accounts for 31 per cent of the
share; and household and personal care, which accounts for the remaining 50 per
cent share.
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2.2 Porter’s Five Forces Model
In FMCG sector, there are no measures to stop the entry to the new
companies
The new entrants can give tough competition to the existing companies
New entrants give competition in terms of cost effectiveness
The threat of new entrance is high and necessary to be paid attention to
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Bargaining Power of Buyers:
Bargaining power of the buyers is very high as there exists no. of substitute
products to which the customers can shift
As there are substitutes, customers can prefer the cost-effective products
or simply which are cheaper
There is also a slight advantage as many customers are reluctant to try new
products
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2.3 PESTEL Analysis
1) Political
Changes in the tax rates can be challenge as the companies working for
profit has to devise a technique for pricing.
Change in the infrastructure which is controlled by government like power,
infrastructure cost and transportation can have effect on the FMCG
industry.
Licensing rules and the rules about the FDI, also the changes in Statutory
Minimum Price of commodities are barriers for growth of this sector.
Permits and licenses for various states, prevailing outdated labor laws, the
lengthy export procedures are the major constraints.
2) Economical
GDP has been growing, but there has been a drop in that growth which
may slightly cause a change in the growth of this sector.
Though there is inflation in the country, FMCG sector does not get much
affected by it.
As FMCG products are one of the basic necessities, this sector will always
remain mainstream and have growth.
3) Social
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Rapid urbanization and increasing literacy results into more earning which is
proving beneficial for the FMCG sector as the purchasing power and
consumption is increasing.
FMCG do have stronghold on urban areas, so now they are approaching the
untapped market i.e. rural regions which are now giving a positive results in
terms of growth and revenue.
4) Technological
5) Legal
6
2.4 Sub-sectors and Main Players in the sub-sectors
Broadly, this sector can be divided into durable and nondurable goods. Many
nondurable goods can be considered fast moving consumer goods, which are
packaged goods with high sales volume, rapid inventory turnover, and often short
shelf lives, such as foods. Durable goods include many big-ticket consumer
goods, such as cars, major appliances, and household electronics.
FMCG sector can also be classified into three different sub-sectors like food and
beverages, healthcare and household and personal care.
Amul Britannia
Godrej ITC
Dabur Parle
PepsiCo Cadbury India
Coca Cola Hindustan Lever
Nestlé MTR Foods
Emami
ITC
Dabur
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2.5 Key Trends and Challenges of the FMCG sector
As India is going digital in almost every sector, FMCG sector has also seen the
rise in the number of customers buying online rather than in the shops and
markets.
Customers are shifting to healthier foods like ones which are sugar-free, fat-free,
etc. This is because of their lifestyles, lack of exercise or because of the influence
they might have on them. Many substitutes like soy-milk or almond milk is
available to the normal dairy milk. In the past products such as gluten-free baked
goods and beers appealed almost exclusively to those suffering from celiac
disease.
4) Environmental Awareness
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2.6 Regulatory Bodies in the sector and their role
BIS through its core activities of standardization and conformity assessment, has
been benefiting the economy by providing
The standards and certification scheme of BIS apart from benefitting the
consumers and industry also support various public policies especially in areas of
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2.7 Government Initiatives
1. The Government of India has approved 100 per cent Foreign Direct
Investment (FDI) in the cash and carry segment and in single-brand retail
along with 51 per cent FDI in multi-brand retail.
2. The Government of India has drafted a new Consumer Protection Bill with
special emphasis on setting up an extensive mechanism to ensure simple,
speedy, accessible, affordable and timely delivery of justice to consumers.
3. The Goods and Services Tax (GST) is beneficial for the FMCG industry as
many of the FMCG products such as Soap, Toothpaste and Hair oil now come
under 18 per cent tax bracket against the previous 23-24 per cent rate.
4. Rates on food products and hygiene products have been reduced to 0-5 per
cent and 12-18 per cent respectively.
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2.8 Contribution to Economy, Employment and Growth Rate
Contribution to economy:
It has grown from INR 2,20,852.4 Crore in 2011 to INR 3,68,669.75 Crore
in 2017-18 and is expected to reach INR 7,24,759.3 Crore in 2020 with a
CAGR (Compound annual growth rate) of 27.86%.
The FMCG sector is contributing nearly 20% to the GDP.
Rural segment is a large contributor with approximately 45% share in
revenue. The market size and GDP contribution of FMCG shows that there
are millions of jobs in FMCG sector.
Contribution to Employment:
FMCG sector provides employment to around 3 million people and as the
industry is only expected to grow, more and more job seekers can advance
their career by having a job in FMCG companies.
FMCG industry is dynamic and diverse which welcomes any ITI, Diploma,
Graduates or PG from any specialization background.
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2.9 Global issues affecting the sector
Food & beverage industry has also not been spared by the impacts of COVID-19.
For instance, companies involved in manufacturing of processed food and non-
perishable has seen robust increase in sales owing to the lack of availability of
fresh fruits and vegetables. However, restaurants and retail food establishments
are facing challenges owing to shortage of food supplies, employees and stringent
government lockdowns. Additionally, demand for organic and natural ingredient
infused food products are increasing at an exponential growth rate. For instance,
Nourish Organic Foods Pvt Ltd., an India based organic food supplier, specialized
in selling of organic, gluten-free and vegan food items has experienced 30% sales
growth during February-March 2020.
Demand for cosmetic & color products, amid the COVID-19 outbreak is
anticipated to see a steep downfall. Apart from those products that are deemed to
be essential during such crisis, other non-essential products are anticipated to
cater huge loss in later half of the year. Demand for personal hygiene products
such as hand sanitizers and hand washes is growing at an exponential rate across
the globe.
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2.10 Key technological advancements in the sector
Technology has been a major disruptor in the consumer goods sector with more
and more organizations looking to leverage the benefits of digitization to boost
functioning across departments be it sales, marketing, retail, supply chain
management or even HR.
Big Data:
Digitization gives organizations easy and quick access to valuable user data on a
daily basis. This data is a minefield of information that when analyzed
systematically can help companies understand patterns of consumption and
consumer behavior. This in turn paves way for proactive decision making and
customizing of products and services to better meet the needs of buyers. The
availability of big data makes the process highly precise and faster. The quicker
you are able to draw inferences from the data and initiate proactive measures in
response differentiates you from your competition.
E retail:
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2.11 Future and prospects post COVID-19
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3. Company Analysis
There are 13 plants in the state of Gujarat while many other plants are also there
in the states and Union Territory. Jharkhand, Jammu & Kashmir, Assam, Madhya
Pradesh, Chhattisgarh have one plant each while Delhi/NCR and Maharashtra
have 4 plants, Rajasthan have 3 plants and Uttar Pradesh have 2 plants.
Amul, which stands for Anand Milk Union Limited, is a form of cooperative dairy
company and registered under a Cooperative Society Act. As a cooperative
company, it is not possible for Amul to get listed in any stock exchange like BSE
and NSE.
The main stakeholder of GCMMF is the farmer member for whose welfare
GCMMF exists. GCMMF states that its main objective is the carrying out of
activities for the economic development of agriculturists by efficiently organizing
marketing of milk and dairy produce, veterinary medicines, vaccines and other
animal health products, agricultural produce in raw and/or processed form and
other allied produce.
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GCMMF aims to market the dairy and agricultural products of co-operatives
through:
3.1.2 Achievements
Amul: Asia’s largest dairy co-operative was created way back in1946 to make the
milk producer self-reliant and conduct milk- business with pride. Amul has
always been the trend setter in bringing and adapting the most modern technology
to door steps to rural farmers.
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Amul is the live example of how co-operation amongst the poor marginal farmers
can provide means for the socio-economic development of the under privileged
marginal farmers.
3.1.3 Awards
Amul a co-operative society and its co-operation has led many different awards
in its favor.
Magsaysay award for community leadership presented in Manila, Philippines to
Shri Tribhuvandas Patel, Shri D N Khurody and Shri V. Kurien.
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3.2 Vision, Mission and Values
Vision
Amul’s vision is to provide more and more satisfaction to the farmers, employees
and distributers.
Mission
“We the motivated and dedicated workforce at amul are committed to produce
wholesome and safe foods of excellent quality to remain market leader through
development of quality management system, state of art technology, innovation
and eco-friendly operations to achieve delightment of customers and milk
producers”.
Values
Values like Integrity, Excellence and Efficiency are of prime importance in Amul.
For instance integrity was something that Dr. Kurien used to emphasize upon. As
a result everybody at Amul is a person of integrity. The same applies to other
values like ‘excellence’ or ‘efficiency’.
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3.3 Key Financial Parameters
The Gujarat Cooperative Milk Marketing Federation Ltd, which markets Amul
milk and dairy products, reported a 17% increase in turnover to Rs.38,550 crore
in the year ended March 31. The Amul group’s turnover exceeded Rs.50,000
crore, which is also 17% higher than last year.
Below is the table of the sales turnover for the last 10 years:
Table.3.3.1
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3.4 Products
Amul India provides a wide range of products apart from milk and dairy products.
Amul started its base from supplying milk, and now it has diversified its range
from milk to other dairy products and breads, beverages and chocolates. Amul is
well known for its products like butter, ghee, etc. It consists of wide ranges of
products which are all outlined below:
Amul Ghee:
Amul Ghee, Sagar Ghee, Amul(Yellow) Cow Ghee, Amul Brown Pure
Ghee.
Amul Paneer:
Malai Paneer, Fresh Paneer, Malai Paneer Sterilized.
Amul Chocolates:
Amul Chocolates, Amul Wafer Chocolates, Amul Chocozoo, Amul Filled
Bars, Amul Syrups, Amul Assorted/Gift packs, Amul Institutional
Chocolates.
Amul Ice-creams:
Simply Delicious Range, Nature's Treat, Sundae Range, Cassatta.
Apart from the above mentioned products, there are other products like Amul
Puffles, Amul PRO, Roti Softner, Amul Camel Milk, Amul Cream, Amul
Sour Cream, Amul Lactose Free Milk, Cattle feed, etc.
New products which Amul have launched are Amul Bhaji Pav, Amul Bun,
Butter and Chocolate Cookies, Amul Fruity Bread, Amul Pizza Base, etc.
Recently during pandemic situation, Amul has launched ‘Ginger’ and ‘Tulsi’
flavoured milk. Amul also has launched ‘Amul Panchamrut’.
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3.5 Main Competitors and Market Share
3.5.1 Main Competitors
Cheese Category:
Amul is the market leader in cheese category with market share of 86% in 2019
which has been increasing from 71% and 64% from year 2018 and 2017
respectively.
Butter Category:
Same as of the cheese category, Amul is leader with around 85% of market
share in 2019.
Ice-cream Category:
Even though having less market share as compared to the butter and cheese
category, Amul is still on number one in having the market share in ice-cream
insustry in India. Amul has around 40% market share in 2019 which has risen
from 17.8% market share in 2017.
Milk Category:
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3.6 Key Challenges
In the new emerging environment, several challenges have become apparent and
Amul network needs to evolve proactive mechanisms to counter these threats.
4. The new products of Amul don’t have such a great demand or sale in the market
as the other products of Amul like Amul Butter, Amul Cheese or Amul Milk, etc.
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3.7 Functional Perspectives
Today also, you will find that Amul butter, milk and cheese are available at
affordable prices keeping in mind the end customers.
There are two different channels through which Distribution happens in Amul.
One is the procurement channel which is responsible for collection of Milk
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through dairy co-operatives. The other is the distribution channel which is
responsible for distributing the finalized product to the end customers.
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In the distribution channel, there are carrying and forwarding agents,
distributors, dealers and retailers involved. There are also Amul shoppe’s which
sell all products in the Amul product portfolio. The distribution is as follows:
Amul >> Carrying and forwarding agent >> Distributor >> Dealer / Retailer /
Amul Shoppe >> Customer
Direct Retailing:
Amul has recently entered into direct retailing through "Amul Utterly Delicious"
parlors created in major cities. Amul has plans to create a large chain of such
outlets to be managed by franchisees throughout the country. More than 2000
parlor with a turnover of Rs. 200 crores.
Thus there is a lot of transportation involved for all of Amul’s products. However,
the distribution channel of Amul ensures that the products reach every nook and
corner of India.
Fig.3.7.2.1
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3.7.3 Ad Campaigns
Fig.3.7.3.1
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3.8 SWOT Analysis
Strengths:
Weaknesses:
Opportunities:
Threats:
Increasing Competition
Negative Media Coverage
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3.9 Corporate Social Responsibility
1. Tree Plantation:
Amul took an oath on 15th August, 2007, after the flag hoisting ceremony, to
plant a sapling and ensure that it grew into a tree. Whole dairy cooperative
farmers of Gujarat under GCMMF have so far planted 312 lakh saplings.
"Amul Green" movement wins the International Dairy Federation's Award for
the Best Environment Initiative in the "Sustainability Category" during the 4th
Global Dairy Conference held at Salzburg Congress Centre, Austria on
28th April, 2010.
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2. Tribhuvandas Foundation
Aim: To provide basic healthcare facilities to villagers.
Mode of Action:
Foundation is run by villagers themselves.
Foundation has dedicated team of medical officers and necessary staff.
Continuous training to village health workers.
Large scale implementation of the concept of ‘Safe Delivery Kit’ for
pregnant women.
Organized camps for detection and improvement of vision of the rural
people.
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3.10 Recent Mergers and Acquisitions of Amul
The company has entered into a tripartite agreement with a local manufacturer to
produce dairy products in Waterloo village located in upstate New York. It may
be noted that this will be Amul's first dairy plant outside India. Amul is seriously
considering the option of acquiring a dairy plant in the US mid-western state,
Wisconsin. Wisconsin accounts for almost 27 per cent of total cheese production
and is the top producer of cheese in the US.
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3.11 Impact of and response to COVID-19
Integrated IT infrastructure helped Amul steer through coronavirus impact:
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4. News Analysis
4.1 Analysis of news published w.r.t FMCG sector:
The FMCG sector in rural India has grown at a faster pace than its urban
counterpart with FMCG products accounting for about half of total rural
spending. There has been a surge in demand for products that enhance personal
hygiene in and around homes and workplaces. Products such as soaps,
handwashes, sanitisers, disinfectants, wipes, masks, home cleaning products such
as floor cleaners, kitchen cleaners, toilet cleaners are seeing a surge in demand.
Similarly, companies which focus on food staples, and convenience foods such
as instant noodles, biscuits, frozen foods, flour, cooking oils, instant mixes, and
nutrition are going to be in demand. Products that help in building immunity
against illnesses are also in significant demand from the consumers.
Companies involved in manufacturing of processed food and non-perishable has
seen robust increase in sales owing to the lack of availability of fresh fruits and
vegetables. Growth of FMCG sector in India Q1 FY 2019-Q3 FY 2020. The
third quarter of the financial year 2020 in India saw the lowest growth of
the FMCG sector in the last seven quarters, with the growth being valued at a
meager 6.6 percent.
Fig.4.1.1
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4.2 Analysis of news published w.r.t Amul
In April, Amul launched Haldi milk to boost immunity during the COVID crisis.
After increasing demand for turmeric milk among customers, Amul launched
Ginger’ and ‘Tulsi’ milk to boost immunity, available in the market in cans and
packets, with a125 ml can priced at Rs. 25.
Amul has launched Panchamrit, a mix of five ingredients which is usually offered
in temples as ‘prasad’, as hygiene becomes a focal point amid coronavirus panic.
Amul’s e-commerce sales are more than doubled during the lockdown.
While on the other hand the Amul ice-creams sales has gone down. As reported
by Amul Managing Director, Amul icecreams sales dip 90% during the
lockdown.
The milk co-operatives attached to Amul sold approximately 255 to 260 litres of
milk every day in April during the lockdown, which is 15% higher than April
2019.
Amul launched India’s first Artificial Insemination digital platform for animals.
Artificial insemination is a proven scientific method for improving genetics of
animals. Amul Dairy has decided to digitize the artificial insemination service in
its operational area. It was initiated on an experimental basis in the year 2019 in
25 village milk producer societies and was monitored and studied for one year.
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5. Review of Literature:
Detailed Analysis of Amul (Rupinder Kaur)The brand name "Amul," from the
Sanskrit "Amoolya," was suggested by a quality control expert in Anand formed
in 1946, is a dairy cooperative in India. It is a brand name managed by an apex
cooperative organisation, Gujarat Co-operative Milk Marketing Federation Ltd.
(GCMMF), which today is jointly owned by some 2.8 million milk producers in
Gujarat, India. AMUL is based in Anand, Gujarat and has been an example of a
co-operative organization's success in the long term. It is one of the best examples
of co-operative achievement in the developing economy. "Anyone who has seen
the dairy cooperatives in the state of Gujarat, especially the highly successful one
known as AMUL, will naturally wonder what combination of influences and
incentives is needed to multiply such a model a thousand times over in developing
regions everywhere." The Amul Pattern has established itself as a uniquely
appropriate model for rural development. Amul has spurred the White Revolution
of India, which has made India the largest producer of milk and milk products in
the world.
The FAIDA paper of the Confederation of Indian Industry (CII) and Mckinsey
and Company shows that there is great scope and potential for development of
food processing and agro industries in India. However, there are various major
constraints to the rapid development and growth of agro-industries in the country.
Nisa (2007) argued that India is one of the largest emerging markets, with a
population of over one billion. India is one of the largest economies in the world
in terms of purchasing power and has a strong middle class base of 300 million.
Around 70 per cent of the total households in India (188 million) reside in the
rural areas. The Indian economy was liberalized in the 1990’s, which triggered a
total metamorphosis in the Indian economy and gave a new lease of life to
organized retailing (Yadav & Siraj, 2014). The literature indicates that agro-
industrial growth in India has historically been constrained by both supply of raw
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material and slow growth in consumer demand for agro-industrial products (see
Srivastava and Patel (1989), Boer and Pandey (1997)). Srivastava and Patel
(1989), Kejriwal (1989) and Gulati et.al (1994) indicate that beside the quantity
of raw material, the quality of the raw material is also a major constraint.
Available raw material is often of unsuitable quality, processing varieties are
frequently not available, and the period of availability of the raw material is too
short and unreliable.
Marketing strategy has been a salient focus of academic inquiry since the 1980s,
according to (Mavondo 2000). There are numerous definitions of marketing
strategy in the literature and such definitions reflect different perspectives (Li et
al 2000). A traditional definition of marketing strategy is a plan for pursuing the
firm’s objectives or how the company is going to obtain its marketing goals with
a specific market segment (Orville and Walker 2008; The Odosio, Leonidus,
2003; Kotler, Armstrong, 2009) while Brodrechtova (2008) explains that
marketing strategy is a roadmap of how a firm assigns its resource and relates to
its environment and achieves corporate objective in order to generate economic
value and keep the firm ahead of its competitors.
Amul: A co-operative with brand: This paper describes success story of a
cooperative institution (AMUL) which has touched the level of excellence as top
corporate players. Cooperative has farmers as members and they used to sell their
milk collectively under cooperative framework to maximize profits and increase
bargaining power. Profitability of a cooperative is heavily depends upon
maintaining balance between farmer's ownership in cooperative and professional
management. Objective of this paper is to review the AMUL story, derive core
practices responsible behind the success of Amul and find how branding has
played a role in AMUL's phenomenal growth. In AMUL's case Marketing
strategy and Branding have been the mantras of success as AMUL Brand is one
of the super brands of Indian market.
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6. Objectives
2. To study Amul’s branding strategy and how it has created its place in the
3. To study the history of Amul and how it has been growing in the market.
Amul.
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7. Research Methodology
The basic and qualitative research is used for this study. Method used for the
study is case study research, as one to one interviews were not possible, and data
collected through various articles published on online regarding the FMCG sector
and the Amul company.
This paper mainly based on secondary data. The articles which are published in
the area of marketing strategies in dairy industry have collected for the study and
from website of Amul dairy.
The news which are published on various news site are used for the study as the
study also deals with the effects of pandemic situation on the FMCG sector and
the Amul brand.
• Sampling unit: The respondents were mainly the consumers of the different
FMCG products.
• Sampling size: A survey was conducted for 100 hundred respondents online.
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8. Data Analysis and Interpretation
This indicates that Amul products are consumed by every age of people.
More than 70% of respondents are aware about both i.e. the brand tagline and
the mascot.
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It is observed that consumption of ice-cream has been low as compared to the
other products.
The responses indicates that the customers bought the Amul products mostly
because of its quality.
About 67% of customers are using the products for more than 3 years which
there is high consumer loyalty towards Amul.
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It can be observed that the quality of the Amul products is the very best as 92%
of respondents rated it high.
Amul products were available to almost 90% customers which means Amul has
strong distribution channel.
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It can be seen that even during the pandemic, 92% respondents found the
products safe to buy.
From the data, it can be observed that Amul is preferred because of quality,
price and easy availability respectively.
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9. Findings and Conclusion
The segmentation of Amul is the mass population and in general, you will
find people of all different age groups and demography enjoying Amul
products.
Amul has created its special place and position in the minds of Indian
customers because of its excellent quality and affordable price.
The target audience for most of its products is the regular middle class
people.
Amul uses a mass marketing principle. And till date, this principle has
worked very well for the marketing strategy of Amul.
Another worth appreciating and unique thing about Amul is its mascot
“Amul Girl”. This has made its ads stand out as it addresses different events
in each and every sector , be it Politics, Bollywood or any other social norm
or issue.
Even during this pandemic situation, Amul has done its best in terms of its
marketing and advertising strategies, eventually helping themselves stay in
the market and reaching maximum consumers through e-commerce also.
Distribution is another strength of the brand.
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10. Limitations
As known to all, it was very difficult to conduct this study as there were
restrictions in meeting and having one-to-one conversation with people. Another
difficulty was knowing the exact market share or the data regarding that as this
type of information is not made public very easily. To overcome this shortcoming
secondary sources were tapped for required information.
As this project is regarding the marketing and branding strategies, it would have
been better if it was based on the officials of the company.
The project is based on the secondary data, collected from different newspapers,
journals, articles, etc. So it has been quite difficult to track down each and every
thing happening regarding the company, but the best efforts have been put to
provide the updated information regarding the company.
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11. Recommendations
1. Although being a leader in many categories, Amul still has high potential in
other categories like chocolates.
2. Chocolates should have more advertisements as they are in the affordable range
but customers do not know about it.
3. Amul has a diverse portfolio, maybe they could focus on those categories
which have potential in the future
4. More focus should be put on the question marks of the BCG matrix which has
high potential to grow and needs attention.
5. Amul already is spending a lot on advertising only over the categories which
already are leaders, may be they could focus on other categories as well.
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12. Bibliography
Webliography:
www.amul.com
www.moneycontrol.com
www.businesstoday.in
www.indiatimes.com
www.economictimes.com
www.financialexpress.com
www.ibef.org
www.firstpost.com
www.livemint.com
www.worldwidejournals.com
www.indianjournalofmarketing.com
www.marketing91.com
Research Papers:
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Appendix:
Questionnaire:
Name:
Gender:
1. Age
o 10yr - 20yr
o 21yr - 30yr
o 31yr - 40yr
o Above 40
3. What is the first thing that comes to your mind about Amul?
o Amul Girl o Amul tagline
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o Amul o Dabur
o Nestle
10. Did/do you trust Amul products when it comes to safety during Covid19?
o Yes o No
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