Final Haldi Ram Project
Final Haldi Ram Project
Muskan Prajapati
BBA
Roll on - 0501871
Acnowledgement
“It is not possible to prepare a project report without the assistance and
encouragement of other people. This one is certainly no exception.”
I would like to take this opportunity to thank all the people who have been
associated with me and played a key role towards the completion of this project
work. I would like to thank my internal guide, Mr. SHAILENDR SIR Assistant
Professor, Maharana Pratap Engineering College for her guidance in shaping my
project. I am thankful to the staff of Haldi Ram for helping me in completion of
this project and all the customers who have been very humble in answering to my
queries and filling up of the questionnaire provided to them. Last but not least, I
would like to thank all the teaching and non-teaching staff of college, and my
friends who have provided me with all the support and assistance required for
completing the study.
I would like to thank my parents who supported and encourage me at each step of
my project work.
MUSKAN PRAJAPATI
BBA 3rd year
Table of content
Prefernce
Acnowledgement
Executive Summary
INTRODUCTION
RESEARCH METHODOLOGY
OBJECTIVE
SCOPE OF STUDY
HYPOTHESIS
COMPANY PROFILE
PRODUCT PROFILE
ANALYSIS OF DATA
ANNEXURE
BIBLIOGRAPHY
Executive Summary
There are many varieties of snacks foods, which are produced in India,
and the type of snack food varies according to the region. The snacks
market has changed with the advent of innovative products. It has
emerged as a fast, customized and large market. There is also a changing
perception of consumers towards processed foods, served in centralized
food service system. The primary reason for these changes is the
dynamic marketing environment in the snacks business. Changes in the
marketing environment have generated a need to reconsider the
managerial perspectives on marketing in the snacks business. And in this
new arena of increased competition and market saturation Haldiram’s is
still doing well with highly satisfied customers. As it has very skilled
management who can easily sense customer requirement, maintain
product quality and frequent market research always assures product
authenticity in the market.
PURPOSE OF REPORT
The purpose of the report is to learn the facets of marketing and do the
forecasting of sales and laminates for Haldiram PVT. LTD. Along with
that I have also worked in the following areas:-
Sales and distribution
Market visit for retail shops 7
Market research on ―customer satisfaction”
Promotional strategy
INTRODUCTION
INTRODUCTION
Marketing strategy is a process that can allow an organization to
concentrate its resources on the optimal opportunities with the goals of
increasing sales and achieving a sustainable competitive advantage.
Marketing strategy includes all basic and long-term activities in the field
of marketing that deal with the analysis of the strategic initial situation
of a company and the formulation, evaluation and selection of market-
oriented strategies and therefore contribute to the goals of the company
and its marketing objectives.
Define
Understand Analyze Analyze Research Finacial Revies &
marketing
customer market competition distribution analysis revise
mix
The methodology that was adopted for the study includes both primary
source of data as well as the secondary source of data. The methodology
of the study can be explained as follows:
PRIMARY DATA:
The primary data are those which are collected afresh and for the first
time, and thus happens to be original in character. We can obtain primary
data either through observation or through direct communication with
respondents in one form or another or through personal interview. There
are several methods of collecting primary data, but in this research work
primary data collected by using questionnaire.
SECONDARY DATA:
Secondary data means data that are already available i.e. they refer to the
data which have been already been collected and analyzed by someone
else. When the researcher utilizes secondary data, then he has to look
into various sources from where he can obtain them. Secondary
data may either be
published data or unpublished data. In this research work, secondary
datacollected through the InternetCompany manual and booklets Books
etc.
Methods of data collection
The source of information is generally classified as primary and
secondary. According to payline V. Young The source of information can
be classified into documentary sources and field sources.
a) Primary data:-
The information given / collection by individuals or group constitute
primary source.
Methods of generating primary data
i) Survey
ii) Personal interview iii) Group interview iv) Observation
v) Questionnaire
b) Secondary data:
Books, diary, manscrupt, letter, magazine, internet etc. are the secondary
or documentary source. The researcher for this dissertation has decided
to use primary source as interview schedule and secondary source as
books and internet for data collection.
Pretesting: -
Pretesting is the process of an advance testing of study design after the
interview schedule has been prepared .The researcher referred books and
internet to get prepared literature for this project & report.
Processing:-
Once the collection of data is over the main step top arranged for
p[rocessing and analysis of data. So the interview can be made resulting
information theories. The first step is editing, is a process of examining
the data collection in interview schedule to defect efforts and mission
and to see that they are corrected and the schedules prepared tabulations.
Editing:
The preparation of the data forms for tabulations must include on
operational procedure for accepting, modifying or resection individual
questionnaire.
Tabulation:
Tabulation is a process of summarizing raw and display it in compact
forms for further analysis. Analysis of data is made possible through
tables. These tables are made for different variables and to show
relationship with each other.
Interpretation of data:-
Analysis and interpretation are central step in research process. The goal
of analysis is to summarize o collected data in such a way that they
provide answer to the and triggered the researcher. Interpretation is the
research for the broader meaning of research finding. The questionnaire
is precoded a few uncoded response are classified the code were verified
before transferred to the master chart.
OBJECTIVE
• To study about the awareness of Haldiram’s product among the
people in
HagaribommanahalliTaluk
• To study the marketing strategies and brand loyalty of Haldiram
• To study the marketing mix of Haldiram’s
• To analyze Haldiram’s competitor and compare their strategies and
come
up with recommendations for any problem being faced by it.
SCOPE OF STUDY
Past
What started as a small town enterprise in India today is a global
phenomenon! In the year 1937 Haldirams began as a small shop in
Bikaner, the already famed city for its Indian savouries. Later in the year
1982 Haldirams set up a store in New Delhi, the capital of the country
and within no time the word of mouth grew the business manifold over
the next decade. Now Haldirams products had become a symbol of taste,
hygiene & innovation across the world.
Having made a mark in the national territory Haldirams spread its wings
by diversifying operations in the outer world by setting up its first
international market in USA. As the country was home for many Non
Resident Indians (NRIs), our savouries found a good market for itself
and have today become a
part of their everyday life.
Present:
For over sixty years now, we have been unifying the palate of India. It
has always been our effort to pamper the taste buds of our valuable
customers
by providing superior quality food & snacks. Today Haldirams is a 5
million
dollar enterprise – much talk about ‘brand’ amongst NRIs living in USA,
UK & Middle East.
Today Haldirams occupies considerable shelf space at prominent
supermarkets, world over. From traditional Indian sweets & savouries to
the more international chips and cookies, nuts and sherbets, our products
are fast capturing the imaginations of people making it possible for us to
aim at expand our markets in the Middle East, East Europe and parts of
North Africa.
Future:
We plan to leverage our equity in the domestic and international market
to become a food company with not just branded products under its belt
but also restaurants, retail chains and a wide product range that includes
milk based foods and noodles.
When we first started exporting in the year 2001, our figures stood at
$1.7mn. Today this export figure has touched a mark of $6.00 mn and
we hope to sustain a 40% growth over the next 5 years. Anticipating this,
we have subsequently increased our production capacity. A considerable
investment has also been made in advanced processing and packaging
units which enables us to marry tradition with technology.
In the near future we hope to make our products visible in the markets of
places such as Algeria, Jordan, Yemen, Taiwan, Columbia, Cyprus,
Ukraine, Armenia, Finland, Sweden, West Indies, Libya, Egypt, Trinidad
& Tobago.
Mission
We strive to be the global leaders and providers of world class authentic
and premium Indian food & snacks. Haldirams is committed to
supplying itscustomers with the finest, high-quality products and thereby
nourishing the experience of everyone we serve.
Vision
Haldirams envisions becoming a leading food corporation with diverse
range of food and snacks products. We would endlessly work towards
creating a brand which is synonymous to Taste & Hygiene. Along with
being the premier food company we also look forward to be the best in
terms of consumer value & customer service .
Business
Retail
Haldirams with extremely strong presence in Delhi NCR, also retail
across the length and breadth of India, via its elaborate supply-chain of
over 100+ C&F Agents, 280+ Distributors and over 6000 retailers.
While a limited range of products is available across India, due to
obvious constraints of perishability and cost, the range of Namkeens and
Savouries are the most widely available on local shops throughout the
country.
Content yet to come… Contrary to popular belief, Lorem Ipsum is not
simply random text. It has roots in a piece of classical Latin literature
from 45 BC, making it over 2000 years old. Richard McClintock, a Latin
professor at Hampden-Sydney College in Virginia, looked up one of the
more obscure Latin words, consectetur, from a Lorem Ipsum passage,
and going through the cites of the word in classical literature, discovered
the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and
1.10.33 of "de Finibus Bonorum et Malorum" (The Extremes of Good
and Evil) by Cicero, written in 45 BC. This
book is a treatise on the theory of ethics, very popular during the
Renaissance.
The first line of Lorem Ipsum, "Lorem ipsum dolor sit amet..", comes
from a line in section 1.10.32.
Exports
Haldirams retail its variety food and snack products in over 50 countries
around the world with a very strong presence in United States and
United Kingdom. Haldirams is present in almost every country which
boasts Indian diaspora in better numbers.
Content yet to come… Contrary to popular belief, Lorem Ipsum is not
simply random text. It has roots in a piece of classical Latin literature
from 45 BC, making it over 2000 years old. Richard McClintock, a Latin
professor at.
Hampden-Sydney College in Virginia, looked up one of the more
obscure Latin words, consectetur, from a Lorem Ipsum passage, and
going through the cites of the word in classical literature, discovered the
undoubtable source. Lorem Ipsum comes from sections 1.10.32 and
1.10.33 of "de Finibus Bonorum et Malorum" (The Extremes of Good
and Evil) by Cicero, written in 45 BC. This book is a treatise on the
theory of ethics, very popular during the Renaissance.
The first line of Lorem Ipsum, "Lorem ipsum dolor sit amet..", comes
from a line in section 1.10.32.
Restaurants
Haldirams run over 20 restaurants in Delhi NCR region serving over
100,000 people every day. The open snack menu of Haldirams is an
elaborate selection of exotic and ethic Indian delicacies served fresh – a
perfect excuse
for a housewife to escape everyday mundane cooking.
Haldirams diversified into the restaurant business to cash in on its brand
image. The company established restaurants in Delhi. The restaurant
devised an innovative strategy to increase its business: It facilitated
people who were traveling by train through station to order food from
places where stockists of Haldirams unit were located. The customers
could order for lunch/dinner by sending a demand draft (DD) or cheque
to the unit or giving the same to specified local distributors belonging to
the unit. Along with the DD/cheque, customers had to provide
information such as the name of the train, its likely time of arrival at
city, their names and coach and seat numbers.
Haldirams restaurants in Delhi also used innovative ways to attract
customers. The restaurant located at Mathura road had special play area
for children. To cater to NRI’s and foreign tourists, who hesitated to
consume snack foods sold by the roadside vendors since it was not
prepared in a hygienic manner, the Haldirams restaurant located in South
Delhi used specially purified water to make snack foods including pani
puri and chat papri. These promotional strategies helped Haldirams to
compete effectively with local restaurant chains such as Nathus,
Bikanerwala and Agarwals and with western fast food chains such as
McDonald’s and Pizza Hut.
Ecommerce
Haldirams is the first Indian snack food company to set its virtual shop,
retailing almost 200 products and variants online to reach the wider
cross- section of its customers. The online ecommerce web portal of
Haldirams not only facilitate people to book their orders online, but also
rewards customers with loyalty points, which can redeemed for
interesting and exclusive festive merchandise.
Content yet to come… Contrary to popular belief, Lorem Ipsum is not
simply random text. It has roots in a piece of classical Latin literature
from 45 BC, making it over 2000 years old. Richard McClintock, a Latin
professor at Hampden-Sydney College in Virginia, looked up one of the
more obscure Latin words, consectetur, from a Lorem Ipsum passage,
and going through the cites of the word in classical literature, discovered
the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and
1.10.33 of "de Finibus Bonorum et Malorum" (The Extremes of Good
and Evil) by Cicero, written in 45 BC. This book is a treatise on the
theory of ethics, very popular during the Renaissance.
The first line of Lorem Ipsum, "Lorem ipsum dolor sit amet..", comes
from a line in section 1.10.32.
Awards & Recognition
Haldirams is an ISO 9002 and HACCP recognized company with
several awards under our belt.
Packaging
Packaging was an important aspect of Haldirams product promotion.
Since namkeens were impulse purchase items, attractive packaging in
different colors influenced purchases. Haldirams used the latest
technology (food items were packed in nitrogen filled pouches) to
increase the shelf life of its products. While the normal shelf life of
similar products was under a week, the shelf life of Haldirams products
was about six months. The company projected the shelf life of its
products as its unique selling proposition. Posters highlighting the shelf
life of its products carried the caption ‘six months on the shelf and six
seconds in your mouth.’ During festival season, Haldirams products
were sold in attractive looking special gift packs.
Content yet to come… Contrary to popular belief, Lorem Ipsum is not
simply random text. It has roots in a piece of classical Latin literature
from 45 BC, making it over 2000 years old. Richard McClintock, a Latin
professor at Hampden-Sydney College in Virginia, looked up one of the
more obscure Latin words, consectetur, from a Lorem Ipsum passage,
and going through the cites of the word in classical literature, discovered
the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and
1.10.33 of "de Finibus Bonorum et Malorum" (The Extremes of Good
and Evil) by Cicero, written in 45 BC. This book is a treatise on the
theory of ethics, very popular during the Renaissance.
The first line of Lorem Ipsum, "Lorem ipsum dolor sit amet..", comes
from a line in section 1.10.32.
Supply Chain
The showrooms and retail outlets of Haldirams gave importance to point
of purchase (POP) displays. Haldirams snacks were displayed on special
racks, usually outside retail outlets. The showrooms had sign boards
displaying mouth-watering delicacies with captions such as ‘Chinese
Delight,’ Simply South,’ ‘The King of all Chats’. Posters containing a
brief account of the history of Haldirams, along with pictures of its
products, were also on display at these showrooms.
Content yet to come… Contrary to popular belief, Lorem Ipsum is
notsimply random text. It has roots in a piece of classical Latin literature
from 45 BC, making it over 2000 years old. Richard McClintock, a Latin
professor at Hampden-Sydney College in Virginia, looked up one of the
more obscure Latin words, consectetur, from a Lorem Ipsum passage,
and going through the cites of the word in classical literature, discovered
the undoubtable source. Lorem I psum comes from sections 1.10.32 and
1.10.33 of "de Finibus Bonorum et Malorum" (The Extremes of Goo and
Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of
ethics, very popular during the Renaissance.
The first line of Lorem Ipsum, "Lorem ipsum dolor sit amet..", comes
from a line in section 1.10.32.
Marketing
Haldirams product promotion had been low key until competition
intensified in the snack foods market. Consequently, attractive
posters, brochures and mailers were designed to enhance the visibility of
the Haldirams brand. Different varieties of posters were designed to
appeal to the masses.
The punch line for Haldirams products was, ‘Always in good taste.’
Advertisements depicting the entire range of Haldirams sweets and
namkeens were published in the print media (magazines and
newspapers). These advertisements had captions such as ‘millions of
tongues can’t go wrong,’ ‘What are you waiting for, Diwali?’ and
‘Keeping your taste buds on their toes.
To increase the visibility of the Haldirams brand, the company placed its
hoardings in high traffic areas such as train stations and bus stations.
Posters were designed for display on public transport vehicles such as
buses, and hoardings, focused on individual products were developed.
Captions such as‘yeh corn hain’ (this is corn), ‘chota samosa – big
mazaa’ (small samosa – big entertainment), ‘yeh Kashmiri mix khoob
jamega’ (this namkeen item will gel well) and ‘oozing with taste’ (for
Rasgoolas) promoted individual products. For those customers who
wanted to know more about Haldirams products, special brochures were
designed which described the products and gave information about the
ingredients used to make it. Mailers were also sent to loyal
customersand important corporate clients as a token of appreciation for
their patronage.
PRODUCT PROFILE
NAMKEENS
Ingredients: Potato, Gram Flour, Edible Oil, Edible Salt, Citric Acid &
Spices in Mild Flavour.
Badam Dalmoth
Ingredients: Green Gram Pulse, Potato, Almond, Pistachio, Cashewnut,
Magaj Beej, Edible Oil, Salt, Spices, Musk Melon Seeds & Permitted
Food Colour
Badam Lachha
Ingredients: Potato Sticks, Almonds, Pistachios, Cashewnuts, Raisins,
Curry Leaves (Fried) 0.02%, Edible Oil, lodised Salt, Sugar & Citric
Acid
Bhujia
Ingredients: Gram, Edible Oil, Citric Acid, Iodised Salt, Chilli & Spice
in Mild Flavours.
Kaju Dalmoth
Ingredients: Lentil, Cashewnuts, Musk Melon Seeds, Gram Flour, Edible
Oil, lodised Salt, Spices & Spinach.
Khasta
Ingredients: Gram Pulses, Lentils, Flake Rice, Sago, Peanuts, Potato,
Green Pees, Edible Oil, Curry Leaves, Sugar, lodised Salt, Chillies,
Spices, Citric Acid & Food Colour Added.
Moong Dal
Ingredients: Urad & Mondal Flour, Edible Oil, Iodides Salt, Spices,
Condiments & Citric Acid.
Green chillis Pickle
SWEETS
Ghee Laddu
Ingredients: Gram Flour, Ghee, Sugar, Almond, Saffron, Pistachio &
Cardamom.
Kesar Laddu
Ingredients: Gram Flour, Edible Vegetable Oil, Sulphur Free Sugar,
Glucose, Saffron, Pistachio, Almond, Cardamom & Cucumber Seed.
Angoori Petha
Ingredients: Fresh Pumpkin, Sugar, Water, Saffron & Added Permitted
Food Colors C.I. No, 19140 & 15985
Gulab Jamun
Ingredients: Sugar, Water, Concentrated Milk (Solid), Wheat Flour, Corn
Flours, Hydrogenated Vegetable Oil.
Rajbhog
Rossogolla
Ingredients: Water, Sugar & Cottage Cheese Solids.
Lachha
Interpretation: - As per the survey done, 40% people like sweets 30%
like
Namkeens, 15% like Papad 10% like Pickles and 5% Syrup. It means
sweets and namkeens most powerful products in Haldirams products.
Interpretation :- As per the survey above 36 age peoples are like most of
this
products, and 22 members like this product age between 31-35. The
result shows middle age peoples most like Haldirams Products
Taste 30 30
Varity 22 22
Quality 30 30
Price 8 8
Packaging 5 5
Other 5 5
No of Respondent Percentage
Much Better 25 25
Better 30 30
Same 40 40
Worse 3 3
Much worse 2 2
Interpretation: The research show people see equal to other products and
also says it is better to other products. Least member says it is worse
CONCLUSION
The market is clogged with dominant players such as Frito-Lay India,
PepsiCo’s snack foods arm, which has almost brought in a snack-chip
revolution in the country. Even the dairy major Mother Dairy has a
presence in the category. With the entry of companies such as ITC and
HLL into this industry, it is getting tough for companies such as
Haldiram’s who till now have not paid serious attention to its branding
activities.
Increased media exposure, ever increasing purchasing power of the
target audience coupled with their desire to spend more on eating out
due to lifestyle changes will fuel the demand for snack food items and
only those companies which have a considerable share of voice and
space in the market will be able to survive. Haldiram’s has the capability
of meeting these demands and only requires a certain revision in its
strategies to be able to do so successfully, which it already has begun to
consider.
SUGGESTION
Haldiram’s should aim at constructing a comprehensive media mix.
It could venture into corporate tie-ups at its various outlets. Set up mini
outlets inside the multinational office complexes.
Cash in on the call center wave and have tie-ups with business process
outsourcing companies.
Undertake catering at get together, wedding and kitty parties for women
who form a chunk of its target audience.
Conduct road shows on various campuses nationwide.
ANNEXURE
QUESTIONNAIRE
Q6. How would you rate the quality of Haldiram over the period of use?
Significantly better
Better
Natural Worse
Significantly worse
Q9. How would you rate the following factors in order of your
preference?
Variety
Food taste and quality
Hygiene
Nutritional value
Price
Packaging
Q10. How you find Haldiram’s price?
High
Very high
Very low
Low Reasonable
Q11. Would you buy Haldiram’s products for their
Packaging
Variety
Price
Quality
Hygiene
Taste
Q12. How would you rate the Haldiram’s namkeens for their nutritional
value?
Minimal
Adequate
Healthy
BIBLIOGRAPHY
Websites:
1. www.haldiram.com/
2. www.haldiramlimited.com/
3. www.Indianfoodindustry.net
Books:
1. Marketing Management – by Philip Kotler.
2. Marketing Management – S.A. Sherlekar
3. Service marketing, Pearson Education Pct. Ltd., New Delhi by
Lovelock, Christopher H.