Milky Bar Bushra
Milky Bar Bushra
Milky Bar Bushra
ON
SUBMITTED TO
Session: 2019-22
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CERTIFICATE
This is to certify that the content of this project entitled “STUDY ON MARKETING
This original research work was carried out by him under my supervision in the
academic year 2019-2022. On this basis, if the declaration made by him, I
recommended this project for evaluation.
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DECLARATION
Date Signature :
BUSHRA KHAN
BBA 6 sem.
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ACKNOWLEDGEMENT
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INDEX
Page no
Introduction
CHAPTER- II : 8-13
Company profile
CHAPTER – V 29-30
ANNEXTURE
Bibliography
Questionnaire
pg. 5
CHAPTER-I
pg. 6
Introduction
pg. 7
MARKETING MANAGEMENT
Introduction
Marketing in simple terms can be said to be “A human activity directed
at satisfied needs and wants through an exchange process.” Marketing as a
functional area of management is becoming extremely important as compared
to other fields. All decisions in modern business organization revolve around
information related with marketing decision making situations, which are
characterized by Distribution Strategy, Channel members and Product
decisions. The Product Decisions, customers assess a product’s value by
looking at many factors including those that surround the product.
Milky bar ltd has differentiated itself from its competitors and providing
the total “value for money” to its customers. Milky Bar ltd has integrated all
the features to offer a value for its products.
Value for the product and services refers to the quality of product and
services offered to the customers. Several surrounding features can be directly
influenced by channel members, such as customer service, delivery, and
availability. Consequently, a channel partner involves a value analysis in the
same way customers make purchase decisions. This area becomes the most
important from the company as well as customer point of view. This helps the
pg. 8
company to know better their customers and provide them with what they are
expecting.
pg. 9
Market
A market is defined as the sum total of all the buyers and sellers in the
area or region under consideration. The area may be the earth, or countries,
regions, states, or cities.
Marketing
Marketing is defined by the American Marketing Association as "the
activity, set of institutions, and processes for creating, communicating,
delivering, and exchanging offerings that have value for customers, clients,
partners, and society at large." The term developed from the original meaning
which referred literally to going to a market to buy or sell goods or services.
Seen from a systems point of view, sales process engineering views marketing
as "a set of processes that are interconnected and interdependent with other
functions, whose methods can be improved using a variety of relatively new
approaches."
Marketing management
Marketing strategy
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NEED FOR THE STUDY
The study of retailer’s perception and market share would provide the
company with necessary insights to develop the product, its pricing strategy,
and to design persuasive promotional strategy, distribution system and develop
defensive strategies and elimination strategies to remove the competitor’s
product from the market or some promotional strategies to increase the market
share of particular products and brands. It would also support the organization
to analyze its drawbacks .
pg. 12
SCOPE FOR THE STUDY
The scope of the study is limited. The study is a very minor contribution
to the company as it is only restricted to the twin cities. The study
would only be a drop in the ocean, Can help the distribution in this area.
pg. 13
Methodology
Research Design
Once the problem is identified, the next step is the research design. Research
design is the basic framework of rest of the study. A research design specifies
the methods and procedures for conducting particular study. In this project we
are following descriptive research design.
Source of Data
There are two types of data:
1. Primary data
2. Secondary
The primary data is fresh information collected for a specified study. The
primary data can be gathered by observational, experimentation and survey
method. Here the entire scheme of plan starts with the definition of various
terms used, units to be employed, type of enquiry to be conducted, extent of
accuracy aimed etc.,
Secondary Data
The secondary data refers to data, which already exists. The secondary
data collect from internal records, business magazines, company websites and
Newspapers.
SAMPLE SIZE
SAMPLING METHODS
pg. 14
For doing this research we use the following research methodologies.
pg. 15
accidental samples because the sample – units enter by accident. The
convenience sampling method is very much use full because they are easily
accessible.
pg. 16
LIMITATIONS
pg. 17
CHAPTER-II
pg. 18
INDUSTRY PROFILE IN INDIA
Nestle profile
Type : Public
Founded : 1866
Headquarters : Switzerland
Website : www.nestle.com
pg. 20
Milky Bar History
It is a brand of milk chocolate currently manufactured by Nestle. Milky
Bar is one of the UK and Ireland's best loved brands, and is the No.1 White
Chocolate brand launched in 1936. Milky bar is enjoyed by both kids and
adults alike, and is Nestle Confectionery's 11th oldest brand.
Category : Chocolate
Target Group : All age groups Lower, Middle and Upper class
Competitors : 1.Cadbury
2.Amul
White
3. Imported White chocolate
pg. 21
Price Index
Weight Price
Rs.1/-
10gm Rs.5/-
13gm Rs.10/-
Product Images
pg. 22
Market Growth Rates
Year MT
2000-01 470
2001-02 505
2002-03 535
2003-04 570
2004-05 605
2005-06 640
2006-07 685
2007-08 730
2008-09 780
2009-10 830
2014-15 1165
pg. 24
CHOCOLATE COMES TO INDIA
pg. 25
Nestle History
Nestlé was formed in 1905 by the merger of the Anglo-Swiss Milk Company,
established in 1866 by brothers George and Charles Page, and Farine Lactée
Henri Nestlé, founded in 1866 by Henri Nestlé . The company grew
significantly during the First World War and again following the Second World
War, expanding its offerings beyond its early condensed milk and infant
formula products. In 2011, Nestlé was listed No. 1 in the Fortune Global 500
as the world's most profitable corporation. With a market
capitalisation of US$239.6 billion, Nestlé ranked No. 11 in the FT Global 500
2014.
Nestle (India)
pg. 26
CHAPTER-III
pg. 27
THEORETICAL FRAME WORK
pg. 29
SAMPLING DESIGN
The sampling design provides the basic plan and methodology for
selecting the sample. A sample design can be simple or complex
SAMPLING TECHNIQUES
pg. 31
CHAPTER-IV
pg. 32
DATA ANALYSIS AND
INTERPRETATION
2 Occasionally 21 35
3 Rarely 24 40
4 Total 60 100
Table 1
1
4
1
2
1
0
8
6
2
Rs. Rs. Rs.
0 1 2 5
Graph 1
pg. 33
Interpretation
pg. 34
1.Which of these factors influencing you to buy Milky Bar?
1 Price 9 15
2 Quality 30 50
3 Brand 6 10
4 Advertisement 15 25
5 Total 60 100
Table 2
1
4
1
2
1
0
2
Rs. Rs. Rs. Rs.
0 1 2 5 10
Graph 2
Interpretation:
From the above graph it is interpreted that, 3 respondents are using Milky
Bar Chocolate based on Price, 10 on Quality, 2 on Brand and the remaining 5
on Advertisement.
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1. Is Milky Bar easily available in shops?
1 Yes 54 90
2 No 6 10
3 Total 60 100
Table 3
2.
5
1.
5
0.
5
0
Rs. Rs.
1 2
Graph 3
Interpretation:
1 Colour 9 15
2 Taste 36 60
3 Nutritional Values 9 15
4 Hidden puzzle 6 10
5 Total 60 100
Table 4
1
4
1
2
1
0
8
6
4
2
Rs. Rs. Rs. Rs.
0 1 2 5 10
Graph 4
Interpretation
pg. 37
3. Do you think Milky Bar is consumed by children only?
1 Yes 18 30
2 No 27 45
3 May be 15 25
4 Total 60 100
Table 5
1
4
1
2
1
0
8
6
4
2 Rs. Rs. Rs.
1 2 5
0
Graph 5
Interpretation
From the above graph it is interpreted that 6 of the respondents said that
it is consumed by children only, 9 said that it is No, and the remaining 5 said
that it May be.
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4. What is your opinion about the packing of Milky Bar?
1 Attractive 27 45
2 Average 30 50
3 Not Attractive 3 5
4 Total 60 100
Table 6
1
4
1
2
1
0
2
Rs. Rs. Rs.
0 1 2 5
Graph 6
Interpretation
From the above graph it is interpreted that 9 of the respondents said that
the packing is Attractive, 10 said that it is Average and the remaining 1 said that
it is Not Attractive .
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5.How do you perceive Nestle products?
1 Highly satisfied 18 30
2 Satisfied 36 60
3 Average 6 10
5 Total 60 100
Table 7
1
4
1
2
1
0
2
Rs. Rs. Rs. Rs.
0 1 2 5 10
Graph 7
Interpretation
From the above graph it is interpreted that 6 of the respondents are Highly
satisfied with the Nestle products, 12 said they are Satisfied, 2 said they feel
Average and 0 respondents are Not at all satisfied.
pg. 40
.5Do you have awareness regarding the ingredients used in Milky Bar?
1 Yes 27 45
2 No 33 55
3 Total 60 100
Table 8
2.
5
1.
5
0.
5
0
Rs. Rs.
1 2
Graph 8
Interpretation
pg. 41
5.What is your opinion regarding price of Milky Bar?
1 High 9 15
2 Economical 39 65
3 Low 12 20
4 Total 60 100
Table 9
1
4
1
2
1
0
2
Rs. Rs. Rs.
0 1 2 5
Graph 9
Interpretation
From the above graph it is interpreted that 3 of the respondents feel that
the price of Milky Bar is High, 13 feel it is Economical, and the remaining 4
feel it is Low.
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5. Generally which flavours of Milky Bar do you prefer?
1 Strawberry 27 45
2 Chocolate 21 35
4 Orange 0 0
5 Total 60 100
Table 10
9
8
7
6
5
4
3
2
1
0
1 08- 06- <
0 Sep Jul 5
Graph 10
Interpretation
From the above graph it is interpreted that 9 of the respondents are preferring
Strawberry flavour, 7 prefer Chocolate, 4 prefer Plain Milky Bar and the remaining 0 prefer
Orange flavour.
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6. Are you expecting any changes in Milky Bar?
1 Yes 33 55
2 No 27 45
3 Total 60 100
Table 11
10 08/Se
p
Graph 11
Interpretation
From the above graph it is the interpreted that 11 of the respondents are
expecting changes in Milkybar Chocolate, and the remaining 9 does not
expect changes in it.
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7. Rate Milky Bar chocolate for its taste?
1 10 12 20
2 8-9 15 25
3 6-7 24 40
4 <5 9 15
5 Total 60 100
Table 12
7
6
4
3
Graph 12
Interpretation
From the above graph it is the interpreted that 4of the respondents rate
10 points for Milky bar Chocolate, 5 rate 8-9, 8 rate 6-7, and the remaining 3
gave <5.
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CHAPTER-V
pg. 46
FINDINGS
From the research we find that people are preferring chocolates more than
biscuits
Milk bar chocolates are more preferable by people.
By taste people are preferring Cadbury more
It is found that, more respondents are influenced to buy Milky Bar
chocolate because of its quality.
it is found that, respondents agree that they are influenced to buy Milky
Bar through advertisement.
It is found that majority of customers are influenced to buy Milky Bar
due to the availability.
It is found that majority of the customers purchase Milky Bar chocolate
Rarely.
It is found that majority of customers express that the price of Milky Bar
Chocolate is economical.
It is found that majority of the customers don’t know about the
ingredients used in preparation of Milky Bar Chocolate.
It is found that, most of the respondents opinion about packing is Average.+
People want government to introduce sugar-free chocolates.
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SUGGESTIONS
It is suggested that most of the customers prefer Milky Bar choco rather
than Plain Milky Bar so the company should take promotional steps to
improve sales. .
It is suggested to the company that should improve their product as
usually buying product
As it is found that advertising is having only 24% influence, it is
suggested to the company that more concentration should be put on its
effectiveness.
Milky bar should bring out new products for health conscious people
It should bring sugar-free chocolates.
It is suggested to the company that it should give the information about
ingredients used in Milky Bar Chocolate.
It is suggested that the company should increase the quality of packing of
Milky Bar chocolate because many respondents are not satisfied with its
packing.
As it is found that Dairy Milk is very close competitor to Milky Bar, it is
suggested to the company that promotional measures are to be taken to
protect its position in the market.
It should continue to promote itself as substitute to mithai.
Should use Indian adds and avoid global ads in India.
pg. 48
ANNEXTURE
pg. 49
BIBLIOGRAPHY
BOOKS
www.milkybar.com
www.cadbury.com
www.nestle.com
www.chocolates.com
pg. 50
DISHA BHARTI COLLEGE OF MANAGEMENT &
EDUCATION
QUESTIONNAIRE ON MARKETING
STRATEGY ON MILKYBAR
CHOCOLATE
Name :
Gender :
Age :
Occupation :
Location :
pg. 52
9. What is your opinion regarding price of Milky Bar?
a) High b) Economical c) Low
10. Generally which flavors of Milky Bar do you prefer?
a) Strawberry b) Chocolate c) Plain Milky Bar d) Orange
11. Are you expecting any changes in Milky Bar?
a) Yes b) No
If Yes specify
12. Rate Milky Bar chocolate for its taste?
a) 10 b) 8-9 c) 6-7 d) <5
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THANK YOU
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