Professional Documents
Culture Documents
INDUSTRY PROFILE
INDUSTRY PROFILE
1.1.1 INTRODUCTION
The quick and dramatic changes of Indian radio are usually credited to Broadcasting
Authority of India. The national television or the Doordarshan and All India Radio, or
Akashwani networks had been state-owned and was controlled by the Ministry of
Information and Broadcasting. The news reporting through radio customarily presented
the government`s point of view and there was hardly any public interaction. The
newsreaders used to narrate their script and the audience would listen to the frequency
according to their choice.
In 1990 V.P. Singh`s National Front government provided financial aid to the Prasar
Bharati (Indian Broadcasting) Act that was considered by Parliament. This act provided
greater autonomy to Doordarshan and All India Radio. The changes that resulted in the
scenario of Indian radio were limited. The bill allowed the establishment of an
autonomous body to control Doordarshan and All India Radio. This unit operated under a
board of governors, who were appointed for policy making and a broadcasting council to
respond to the complaints. This was the start of interaction through radio.
With time the number of radio stations has increased from about 100 in 1990 to 209 in
1997. Indian radio now has tremendous reach and presents the best option for low-cost
programming. Listenership of Indian Radio has reached a plateau. At times the
listenership has risen in certain urban areas due to the recent time allotment to private
companies on five FM stations. Film and other popular music constitute the main
curriculum of such stations, contributing to an increase in commercial time radio and thus
earn advertising revenues from Rs. 527 million in 1991-2 to Rs. 809 million in 1995-96.
The noticeable development in Indian radio has been the proper efforts that were taken to
use radio for social change, like the state-supported radio rural forums for agricultural
communication in the 1960s and promotion of adult literacy in the 1980s. The advent of
regional radio in India popularised this medium even more. More recently NGOs have
come together and initiated several broadcast programmes on women and legal rights,
emergency contraception, and tele-serials that deal with social issues. Although Indian
2
Radio saw almost no improvement in its initial years, in the present decade the
functioning of regional radio channels have lead to a massive network all across the
country.
Local broadcasting, reflecting local issues of concern to the community is another
development of Indian radio. Some communication experts believe that an increased and
accelerated commercialization of radio will eventually cut down the costs of FM radio
sets, thus making local radio even more available to the extreme rural areas of the
country. Presently, radio broadcasting is done in 24 languages and 146 dialects all across
India and there are 104 million radio households in the country, using approximately 111
million radio sets.
In August 1953, B V Keskar, the puritanical Minister of Information and Broadcasting,
delivered a broadside on commercial broadcasting. Commercial radio, he said, would fall
into the clutches of foreign interests and become a slave to advertising revenue. These
forces, Keskar warned, were bound to bring down the quality of radio programmes and
convert them into a cheap vaudeville show. Fifty years on, commercial radio is back on
the agenda, and the sale of FM frequencies in the year 2000 would have brought no
gratification to Keskar.
In India, as in most countries, radio frequencies are held in trust by the government,
which licenses these frequencies to broadcasters and other agencies. It took a Supreme
Court order in 1995 declaring the airwaves to be public property to persuade the
government to give up its monopoly over the FM spectrum and offer frequencies to
private parties. However, their first impulse was to sell radio frequencies to the highest
bidder, prompting one of the participants at a recent UNDP confab on Community Radio
to shout, Does the government of India trust Rupert Murdoch more than its own
citizens? He was presumably referring to Radio City which (supported by Murdochs
STAR), broadcasts in six Indian cities while community owned and operated radio is yet
to get off the ground.
Three years after auctioning frequencies to commercial FM, the Ministry of Information
and Broadcasting framed an initial policy on community radio. However, it restricted
licences to well established educational institutions/ organizations, making it quite clear
that the government meant campus radio and not community radio. Even so, the
guidelines proved so restrictive that, at the last count, only 45 applicants have come
forward and only 12 licenses have been issued. On the other hand, Sushma Swaraj,
former Minister of Information and Broadcasting, had promised 1000 community stations
by 2003.
In the mid-nineties, when India first experimented with private FM broadcasts, the small
tourist destination of Goa was the fifth place in this country of one billion where private
players got FM slots. The other four centres were the big metro cities: Delhi, Mumbai,
Kolkata and Chennai. These were followed by stations in Bangalore, Hyderabad, Jaipur
and Lucknow.
Indian policy currently states that these broadcasters are assessed a One-Time Entry Fee
(OTEF), for the entire license period of 10 years. Under the Indian accounting system,
this amount is amortised over the 10 year period at 10% per annum. Annual license fee
for private players is either 4% of revenue share or 10% of Reserve Price, whichever is
higher.
Earlier, India's attempts to privatise its FM channels ran into rough weather when private
players bid heavily and most could not meet their commitments to pay the government
the amounts they owed.
The inclusion of FM facility in mobile phones and portable pocket radios have
popularised this medium in every nook and corner of urban areas. Although the
transmitters have not reached the extreme corners, developments assure quick
installation.
A recent survey shows that Indian radio reaches out to almost 97.3% of the country`s
population and 91% of the country`s geographical area. A March 1996 survey, says that
there had been around 186 radio-broadcasting centers, 148 medium wave transmitters, 51
short wave transmitters and 94 VHF/FM transmitters in India.
Indian Radio now enjoys equal importance as television and print media. The
developments of radio in India was steady during the 1960s and 70s, but accelerated
during the 1980s and 90s. Radio has now become an intimate form of communication
and the FM channels like Red FM, Radio Mirchi, Power Fm and others have contributed
greatly in developing this strong network.
Market view
India's new private FM channels could also change the advertising scenario.
Traditionally, radio accounts for 7% to 8% of advertiser expenditures around the world.
In India, it is less than 2% at present.
DEFINITION OF FM RADIO
FM broadcasting is a broadcast technology pioneered by Edwin Howard Armstrong that
uses frequency modulation (FM) to provide high-fidelity sound over broadcast radio.
FM stations in MUMBAI
Radio City 91.1
Big FM 92.7
Red FM 93.5
Radio One 94.3
Win FM 94.6 (The Station is closed)
Radio Mirchi 98.3
AIR FM Gold 100.7
Fever 104 FM 104.0
Meow 104.8
AIR FM Rainbow 107.1
Mumbai One
Gyan Vani
Radio MUST
Radio Jamia 90.4 FM
FM stations in Bangalore
Radio City 91.1 FM - Kannada
Radio Indigo 91.9 FM - English
Big 92.7 FM - Kannada
Red FM 93.5 FM Kannada
FM stations in Chennai
hello FM (106.4),
suryan FM,
aaha FM,
big FM,
radio city FM,
radio mirchi FM,
radio-1 FM.
Frequency
Station
7
State /
Location
(MHz)
Territory
90.4 MHz
90.4 MHz
Medak District
90.4 MHz
90.4 MHz
90.4 MHz
90.4 MHz
90.4 MHz
90.4 MHz
90.4 MHz
Sanand Taluka
Andhra Pradesh
Andhra Pradesh
Bhimavaram
Machoor Village
Vishnu FM
Andhra Pradesh
Chandigarh
Chattisgarh
Delhi
Delhi
Gujarat
Gujarat
Tirupati
Chandigarh
Raipur
New Delhi
New Delhi
Ahmedabad
Manipur Village
0Vallabh
90.4 MHz
Gujarat
Himachal
Vidyanagar
90.4 MHz
90.4 MHz
90.4 MHz
90.4 MHz
90.4 MHz
90.4 MHz
91.2 MHz
91.2 MHz
Pradesh
Jharkhand
Karnataka
Karnataka
Karnataka
Kerala
Haryana
Tamil Nadu
Arunachal
Dharamsala
Garhwa
Bengalaru
Budikote
Manipal
Thiruvanthampuram
Hissar
Madurai
Tashi Delek FM
Radio Vikalp
Ramana Voices
Namma Dhwani
Radio Manipal
DC FM
CCS Haryana Agricultural Univers
PARD Vaanoli
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
Pradesh
Assam
Goa
Haryana
Haryana
Jharkhand
Karnataka
Kerala
Kerala
Kerala
Kerala
Madhya
Itanagar
Guwahati
Panaji
Hissar
Karnal
Ranchi
Bengalaru
Kannur
Kochi
Kozhikode
Thrissur
Gwalior
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
91.9 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
Pradesh
Meghalaya
Punjab
Rajasthan
Rajasthan
Sikkim
Tamil Nadu
Tamil Nadu
Tripura
Uttar Pradesh
Uttar Pradesh
Uttar Pradesh
Uttar Pradesh
West Bengal
West Bengal
Andhra Pradesh
Andhra Pradesh
Andhra Pradesh
Assam
Chandigarh
Delhi
Goa
Gujarat
Gujarat
Gujarat
Haryana
Jammu &
Shillong
Jalandhar
Ajmer
Jodhpur
Gangtok
Chennai
Coimbatore
Agartala
Agra
Bareilly
Gorakhpur
Varanasi
Kolkata
Siliguri
Hyderabad
Tirupati
Vishakapatnam
Guwahati
Chandigarh
Delhi
Panaji
Rajkot
Surat
Vadodara
Hissar
92.7 MHz
Kashmir
Jammu &
Jammu
Big 92.7 FM
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
Kashmir
Jharkhand
Jharkhand
Karnataka
Karnataka
Karnataka
Kerala
Madhya
Srinagar
Jamshedpur
Ranchi
Bengalaru
Mangalore
Mysore
Thiruvananthapuram
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
92.7 MHz
Pradesh
Madhya
Bhopal
Big 92.7 FM
92.7 MHz
92.7 MHz
Pradesh
Madhya
Gwalior
Indore
Big 92.7 FM
Big 92.7 FM
9
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
Pradesh
Maharashtra
Maharashtra
Orissa
Orissa
Puducherri
Mumbai
Solapur
Bhubaneswar
Rourkela
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
92.7 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
[Pondicherry]
Punjab
Punjab
Punjab
Rajasthan
Rajasthan
Rajasthan
Rajasthan
Tamil Nadu
Uttar Pradesh
Uttar Pradesh
Uttar Pradesh
Uttar Pradesh
Uttar Pradesh
Uttar Pradesh
West Bengal
West Bengal
West Bengal
Andhra Pradesh
Andhra Pradesh
Andhra Pradesh
Andhra Pradesh
Andhra Pradesh
Andhra Pradesh
Assam
Delhi
Gujarat
Gujarat
Jharkhand
Karnataka
Karnataka
Karnataka
Karnataka
Kerala
Kerala
Kerala
Pondicherry
Amritsar
Jalandhar
Patiala
Ajmer
Bikaner
Jodhpur
Udaipur
Chennai
Agra
Aligarh
Allahabad
Bareilly
Jhansi
Kanpur
Asansol
Kolkata
Siliguri
Hyderabad
Rajahmundry
Tirupati
Vijayawada
Visakhapatnam
Warangal
Guwahati
Delhi
Ahmedabad
Rajkot
Jamshedpur
Bengalaru
Gulbarga
Mangalore
Mysore
Kannur
Kochi
Kozhikode
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
Big 92.7 FM
High 92.7 FM (Sun Infomedia Pvt.
South Asia FM (Red FM)
Sun Networks (Red FM)
Kal Radio Ltd. (Red FM)
Kal Radio Ltd. (Red FM)
South Asia FM (Red FM)
Kal Radio Ltd. (Red FM)
South Asia FM (Red FM)
Red FM
South Asia FM (Red FM)
South Asia FM (Red FM)
Kal Radio Ltd. (Red FM)
South Asia FM (Red FM)
Kal Radio Ltd (Red FM)
Kal Radio Ltd. (Red FM)
Kal Radio Ltd. (Red FM)
Kal Radio Ltd. (Red FM)
Kal Radio Ltd. (Red FM)
South Asia FM (Red FM)
10
93.5 MHz
93.5 MHz
Kerala
Kerala
Madhya
Thiruvananthapuram Red FM
Thrissur
Kal Radio Ltd. (Red FM)
93.5 MHz
Pradesh
Madhya
Bhopal
93.5 MHz
Pradesh
Madhya
Indore
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.5 MHz
93.9 MHz
94.3 MHz
94.3 MHz
94.3 MHz
94.3 MHz
94.3 MHz
94.3 MHz
94.3 MHz
94.3 MHz
94.3 MHz
94.3 MHz
Pradesh
Maharashtra
Maharashtra
Maharashtra
Maharashtra
Maharashtra
Meghalaya
Orissa
Puducherri
Rajasthan
Sikkim
Tamil Nadu
Tamil Nadu
Tamil Nadu
Tamil Nadu
Tamil Nadu
Uttar Pradesh
Uttar Pradesh
Uttar Pradesh
Uttar Pradesh
West Bengal
West Bengal
Gujarat
Assam
Chandigarh
Chhattisgarh
Chhattisgarh
Delhi
Gujurat
Gujurat
Karnataka
Kerala
Kerala
Madhya
Jabalpur
Aurangabad
Mumbai
Nagpur
Nasik
Pune
Shillong
Bhubaneshwar
Pondicherry
Jaipur
Gangtok
Chennai
Coimbatore
Madurai
Tiruchirapalli
Tuticorin
Allahabad
Kanpur
Lucknow
Varanasi
Asansol
Kolkata
Vadodara
Guwahati
Chandigarh
Bilaspur
Raipur
Delhi
Ahmedabad
Surat
Bengalaru
Kochi
Thrivananthapuram
94.3 MHz
Pradesh
Bhopal
MY FM (Bhaskar Group)
11
Madhya
94.3 MHz
Pradesh
Madhya
Gwalior
MY FM (Bhaskar Group)
94.3 MHz
Pradesh
Madhya
Indore
MY FM (Bhaskar Group)
94.3 MHz
94.3 MHz
94.3 MHz
94.3 MHz
94.3 MHz
94.3 MHz
94.3 MHz
94.3 MHz
94.3 MHz
94.3 MHz
94.3 MHz
94.3 MHz
94.3 MHz
94.3 MHz
94.3 MHz
*94.6 MHz
95.0 MHz
95.0 MHz
95.0 MHz
95.0 MHz
95.0 MHz
Pradesh
Maharashtra
Maharashtra
Maharashtra
Maharashtra
Punjab
Punjab
Rajasthan
Rajasthan
Rajasthan
Rajasthan
Rajasthan
Tamil Nadu
West Bengal
West Bengal
Maharashtra
Chhattisgarh
Delhi
Gujurat
Kerala
Kerala
Madhya
Jabalpur
Kolhapur
Mumbai
Nagpur
Pune
Amritsar
Jalandhar
Ajmer
Jaipur
Jodhpur
Kota
Udaipur
Chennai
Kolkata
Siliguri
Mumbai
Raipur
Delhi
Ahmedabad
Kannur
Thrissur
MY FM (Bhaskar Group)
Radio Tomato (Pudhari Publication
Radio One (formerly Go 92.5)
MY FM (Bhaskar Group)
Radio One
MY FM (Bhaskar Group)
MY FM (Bhaskar Group)
MY FM (Bhaskar Group)
MY FM (Bhaskar Group)
MY FM (Bhaskar Group)
MY FM (Bhaskar Group)
MY FM (Bhaskar Group)
Radio One
Radio One
Radio Misty FM (Sun Infomedia P
Win 94.6
Radio Tadka 95 FM
HIT 95 FM
Radio One
Best 95 FM (Asianet Communicati
Best 95 FM (Asianet Communicati
95.0 MHz
95.0 MHz
95.0 MHz
95.0 MHz
95.0 MHz
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
Pradesh
Rajasthan
Rajasthan
Sikkim
West Bengal
Andhra Pradesh
Bihar
Chhattisgarh
Delhi
Goa
Gujarat
Gujarat
Gujarat
Gujarat
Karnataka
Gwalior
Jaipur
Udaipur
Gangtok
Kolkata
Vijayawada
Patna
Raipur
Delhi
Panaji
Ahmedabad
Rajkot
Surat
Vadodara
Bengalaru
Radio Chaska FM
Radio Tadka 95 FM
Radio Tadka 95 FM
Misty FM
All India Radio (AIR / Akashvani)
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
12
98.3 MHz
98.3 MHz
Karnataka
Kerala
Madhya
Mangalore
Radio Mirchi
Thiruvananthapuram Radio Mirchi
98.3 MHz
Pradesh
Madhya
Bhopal
Radio Mirchi
98.3 MHz
Pradesh
Madhya
Indore
Radio Mirchi
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
98.3 MHz
101.3 MHz
Pradesh
Maharshtra
Maharashtra
Maharashtra
Maharashtra
Maharashtra
Punjab
Rajasthan
Rajasthan
Tamil Nadu
Tamil Nadu
Tamil Nadu
Uttar Pradesh
Uttar Pradesh
Uttar Pradesh
West Bengal
Karnataka
Madhya
Jabalpur
Kolhapur
Mumbai
Nagpur
Nasik
Pune
Jalandhar
Jaipur
Rajkot
Chennai
Coimbatore
Madurai
Kanpur
Lucknow
Varanasi
Kolkata
Bengalaru
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
Radio Mirchi
All India Radio (AIR FM Rainbow
101.3 MHz
101.3 MHz
101.3 MHz
101.3 MHz
101.3 MHz
101.3 MHz
101.4 MHz
101.4 MHz
101.4 MHz
101.4 MHz
101.4 MHz
101.5 MHz
101.5 MHz
101.5 MHz
101.6 MHz
101.6 MHz
Pradesh
Maharashtra
Orissa
Puducherri
Rajasthan
Uttar Pradesh
Haryana
Kerala
Maharashtra
Tamil Nadu
West Bengal
Andhra Pradesh
Kerala
Rajasthan
Chhatisgarh
Madhya
Balaghat
Osmanabad
Cuttack
Pondicherry
Banswara
Aligarh
Kurukshetra
Devikulam
Nasik
Chennai
Siliguri
Markapur
Kannur
Sawai Madhopur
Raipur
Indore
101.6 MHz
101.8 MHz
101.9 MHz
Pradesh
Tripura
Rajasthan
Andhra Pradesh
Jammu &
Agartala
Jaisalmer
Hyderabad
101.9 MHz
101.9 MHz
101.9 MHz
101.9 MHz
101.9 MHz
102.9 MHz
Kashmir
Kerala
Mizoram
Orissa
Uttar Pradesh
Karnataka
Madhya
Rajouri
Thiruvanathapuram
Lungleh
Bolangir
Faizabad
Bangalore
102.9 MHz
102.9 MHz
102.9 MHz
102.9 MHz
103.0 MHz
103.0 MHz
103.0 MHz
103.0 MHz
103.0 MHz
103.0 MHz
103.0 MHz
104.0 MHz
104.0 MHz
104.0 MHz
104.0 MHz
104.0 MHz
104.0 MHz
104.0 MHz
104.0 MHz
104.0 MHz
104.0 MHz
Pradesh
Maharashtra
Orissa
Rajasthan
Jharkhand
Karnataka
Maharashtra
Nagaland
Tamil Nadu
Uttar Pradesh
West Bengal
Chhattisgarh
Delhi
Haryana
Karnataka
Maharashtra
Orissa
Orissa
Uttar Pradesh
West Bengal
West Bengal
Madhya
Jabalpur
Beed
Baripada
Chittorgarh
Daltonganj
Dharwad
Chandrapur
Kohima
Coimbatore
Jhansi
Kolkata
Raipur
Delhi
Hissar
Bengalaru
Mumbai
Bhubaneswar
Rourkela
Kanpur
Kolkata
Kolkata
104.2 MHz
Pradesh
Jammu &
Bhopal
Gyan Vani
104.5 MHz
104.8 MHz
104.8 MHz
Kashmir
Chhattisgarh
Delhi
Himachal
Jammu
Raipur
Delhi
104.8 MHz
Pradesh
Shimla
14
104.8 MHz
104.8 MHz
104.8 MHz
104.8 MHz
104.8 MHz
104.8 MHz
104.8 MHz
104.8 MHz
104.8 MHz
104.8 MHz
105.6 MHz
105.6 MHz
105.6 MHz
105.6 MHz
105.6 MHz
105.6 MHz
105.6 MHz
105.6 MHz
105.6 MHz
Jharkhand
Jharkhand
Kerala
Maharashtra
Maharashtra
Punjab
Punjab
Rajasthan
Tamil Nadu
West Bengal
Andhra Pradesh
Andhra Pradesh
Bihar
Chhattisgarh
Delhi
Goa
Karnataka
Kerala
Kerala
Madhya
Jamshedpur
Ranchi
Thrissur
Aurangabad
Mumbai
Amritsar
Patiala
Jodhpur
Chennai
Kolkata
Hyderabad
Visakhapatnam
Patna
Raipur
Delhi
Panaji
Bengalaru
Kochi
Thiruvananthapuram
Radio Dhoom
Radio Dhoom
Club FM (Mathrubhumi)
Gyan Vani
Radio Today (Radio Meow FM)
Radio Today (Radio Meow FM)
Radio Today (Radio Meow FM)
Radio Today (Radio Meow FM)
Chennai Live 104.8FM (Muthoot G
Radio Today (Radio Meow FM)
Gyan Vani
Visakha FM
Gyan Vani
Gyan Vani
Gyan Vani
Gyan Vani
Gyan Vani
Gyan Vani
Gyan Vani
105.6 MHz
Pradesh
Madhya
Bhopal
Gyan Vani
105.6 MHz
Pradesh
Madhya
Indore
Gyan Vani
105.6 MHz
105.6 MHz
105.6 MHz
105.6 MHz
105.6 MHz
105.6 MHz
105.6 MHz
105.6 MHz
105.6 MHz
105.6 MHz
105.6 MHz
105.6 MHz
105.6 MHz
106.4 MHz
106.4 MHz
106.4 MHz
106.4 MHz
106.4 MHz
Pradesh
Maharashtra
Maharashtra
Orissa
Punjab
Rajasthan
Tamil Nadu
Tamil Nadu
Tamil Nadu
Tamil Nadu
Uttar Pradesh
Uttar Pradesh
Uttar Pradesh
Andhra Pradesh
Bihar
Delhi
Haryana
Haryana
Jabalpur
Mumbai
Pune
Cuttack
Jalandhar
Jaipur
Chennai
Madurai
Tiruchirapalli
Tirunelveli
Agra
Lucknow
Varanasi
Visakhapatnam
Muzaffarpur
Delhi
Hissar
Karnal
Gyan Vani
Gyan Vani
Gyan Vani
Gyan Vani
Gyan Vani
Gyan Vani
Gyan Vani
Gyan Vani
Gyan Vani
Gyan Vani
Gyan Vani
Gyan Vani
Gyan Vani
Gyan Vani
Radio Dhamaal 24 (BAG Films &
All India Radio (AIR FM Gold / A
Radio Dhamaal 24 (BAG Films &
Radio Dhamaal 24 (BAG Films &
15
Himachal
106.4 MHz
106.4 MHz
Pradesh
Jharkhand
Madhya
Shimla
Ranchi
106.4 MHz
106.4 MHz
106.4 MHz
106.4 MHz
106.4 MHz
106.4 MHz
106.4 MHz
106.4 MHz
106.4 MHz
106.4 MHz
106.4 MHz
106.4 MHz
106.4 MHz
Pradesh
Karnataka
Maharashtra
Maharashtra
Maharashtra
Puducherri
Punjab
Tamil Nadu
Tamil Nadu
Tamil Nadu
Tamil Nadu
Tamil Nadu
Tamil Nadu
Jabalpur
Bengalaru
Ahmednagar
Dhule
Jalgaon
Pondicherry
Patiala
Chennai
Coimbatore
Madurai
Tiruchirapalli
Tirunelveli
Tuticorin
16
17
JEWELLERY MARKET:
According to a recent KPMG study the largest jewellery market is the United States with
a market share of 30.8%, Japan, India and China and the Middle East each with 8 - 9%
and Italy with 5%. The authors of the study predict a dramatic change in market shares by
2015, where the market share of the United States will have dropped to around 25%, and
China and India will increase theirs to over 13%. The Middle East will remain more or
less constant at 9%, whereas Europe's and Japan's marketshare will be halved and
become less than 4% for Japan, and less than 3% for the biggest individual European
countries: Italy and the UK.
The Indian Consumer is changing. More aware, more discerning and wanting the best of
brands, this consumer wants it all and is ready to experiment. This is evident with luxury
brands making a regular appearance in the Indian market and being lapped up with
passion, clearly luxury as an attitude is here to stay. The Indian diamond jewellery market
has been growing steadily the past decade and has been showing a consistent growth.
This year the DJ market is expected to show a growth of 26%, like last year. Half yearly
growth stands at an impressive 11%. India has always been a very important market for
the diamond jewellery industry. With every 11 out of 12 stones being cut and polished
here and with almost 37 Sight-Holders (out of a total of 93 Sight Holders of the DTC)
being Indian, the diamond growth fairy tale continues.
There has been an explosion of diamond jewellery brands catering to both the masses and
the classes. And most importantly the ever-changing mindset of a consumer who is well
traveled, well informed and wanting the best has only added to the growing demand for
diamonds. Diamonds are slowly making its way to the most wanted list on a consumers
mind. Diamonds are high on the indulgence list and compete effortlessly with other
luxury brands.
Intact, with new, top end designs in diamond jewellery brands coming in, Indian
consumers could not be happier! What is most interesting is that diamonds make for great
investment as well. Along with economic growth and increased spending power other
18
inherently Indian cultural and social factors have also contributed to the growth of
diamond consumption. These include the big, fat Indian weddings where brides have
started expressing themselves by wearing diamonds for the most important day of their
lives and the ever-growing influence of the Bollywood.
needs
to
understand
the
local
mind-set.
friendly
neighborhood
family
jeweler
to
fall
back
on!
go
and
buy
which
are
highly
reputed
and
have
brand
value.
By brand value people mean by the quality, the price and the style. Being brand
conscious is the new fashion mantra which has caught on like forest fire. The increased
income levels help the young people to buy from big clothing brands with much ease and
comfort. The urge to look good and stylish has also induced the Gen X to buy clothing
brands which are supposed to be cool and 'in'.
Today when more and more people are becoming brand conscious retailers are cashing on
it and are earning big bucks. The big names in the clothing brands tell us how our fashion
scenario has evolved and changed. There are some brands which have been in business
for more than 100 years. These clothing brands have made a definite mark in the fashion
and clothing industry. The brands have changed the whole style and clothing scenario.
The clothing brands all over the world reflect the creative genius of the designers who
form the powerhouse allowing the apparel companies to work and produce clothing under
20
the name of the fashion house they own. Depending on the fashion that these brands
create, the trends spread like fire across boundaries.
CODE
THEME
LOUIS PHILIPPE
PARK AVENUE
LP YOUNG
VAN HEUSEN
BLACK BERRY
TURTLE
ARROW
GIOVANNI
Casual (W)
INDIAN TERRAIN
SHAPES
CLUB HOPPERS
ALLEN SOLLY
BLACKBERRY KHAKIS
FAME FOREVER
COLORPLUS
PROVOGUE
ZOD
CELIO
V.
21
MEN
Formals
WILLs
CODE
THEME
LOUIS PHILIPPE
PARK AVENUE
LP YOUNG
VAN HEUSEN
BLACK BERRY
TURTLE
ARROW
GIOVANNI
Casual (W)
INDIAN TERRAIN
SHAPES
CLUB HOPPERS
ALLEN SOLLY
BLACKBERRY KHAKIS
FAME FOREVER
COLORPLUS
PROVOGUE
ZOD
CELIO
V.
Casual (K)
BENETTON
PUMA
JUST NATURAL
FAHREINHEIT
ADIDAS
TBASE
US POLO
NIKE
NEVA
TANTRA
DELURE
KAPPA
PROLINE
BERGE
KARMA
22
Denims
LEVIS
SPYKAR
FORCA
PEPE JEANS
FLYING MACHINE
LEE
KILLER
WRANGLER
LEE COOPER
WOMEN
Formals
ALLEN SOLLY
EXPOZAY
VAN HEUSEN
CODE
23
Denims
LEVIS
PEPE JEANS
KRAUS
SIGNATURE
LEE
Ethnic
BIBA
ISVARAH
NEERUS
MAAHI
PRAFFUL
LEFFET
HARRA
SPAN
FOREVER NEW
GINGER
FAME FOREVER
BOSSINI
REMANIKA
MADAME
MELANGE
Casual
24
Premium - International
TOMMY HILFIGER
ESPRIT
FRENCH CONNECTION
GIORDANO
Marketing strategy:
A marketing strategy is a process that can allow an organization to concentrate its
limited resources on the greatest opportunities to increase sales and achieve a sustainable
competitive advantage. A marketing strategy should be centred around the key concept
that customer satisfaction is the main goal.
A strategy consists of a well thought out series of tactics to make a marketing plan more
effective. Marketing strategies serve as the fundamental underpinning of marketing plans
designed to fill market needs and reach marketing. Plans and objectives are generally
tested for measurable results.
25
Develop
more
effective
communication
strategies
through
better
COMPANY PROFILE
1.2 INTRODUCTION:
BIG FM 92.7 s a nationwide private FM radio station in India owned by Indian
businessman Anil Ambani. It broadcasts at 92.7 MHz (92.7FM). BIG 92.7 FM, Indias
No. 1 FM Station and the Radio initiative from Adlabs Films Ltd., since the launch of its
first Station in September 2006, has expanded at sturdy BIG and is poised to create
history by successfully completing its goal for a pan India presence, spanning across 45
cities, 1000 towns and 50,000 villages to reach 200 million Indians across the length and
breadth of the country.
This is the only private FM radio station which is being broadcast from Srinagar and
Jammu in Jammu & Kashmir state. It has made an announcement to invest Rs.
4,000,000,000 dedicated to transmission equipment, infrastructure and licensing; which
would make the proposed network the largest ever. The Company has taken Radio as a
medium of entertainment not only to the key metros, but also to virgin markets that have
28
never before experienced this medium of entertainment and has already completed the
same in 44 of the 45 targeted cities.
In the first phase of its launches, BIG 92.7 FM set up Stations in the metros of Delhi,
Hyderabad, Chennai, Kolkata, Bangalore and Mumbai. The second phase of launches has
taken BIG 92.7 FM to several tier II towns at the end of which the total count will be
taken to 45.
BIG 92.7 FM is amongst the largest radio station networks in the country. As per RAM
(Radio Audience Measurement), BIG 92.7 FM was already among the Top 2 stations in
each of the 3 markets currently under measurement in just 18 months of launch.
The FM radio stations are located in diverse regions in India and the Company has been
successful in attracting local listeners in each of these markets. The Companys superior
understanding of audience preferences enables the Company to provide content that is
customized to their taste, language and culture. What adds to BIG 92.7 FMs complete
effectiveness is that its programming is geared towards the aspiration-ally conscious and
active masses whose daily life is a quest to better their lives and lifestyles. BIG 92.7 FM
is making a strong personal connect with millions every day! Adding to the overall
impact are the Networks Brand Ambassadors -- Superstars Abhishek Bachchan for the
Hindi belt, Asin for the Telegu and Tamil markets, and Upendra for the Kannada market.
BIG 92.7 FM brings to you 24x7 unique entertainment from a highly advanced and stateof-the-art radio broadcast technology via transmitters with web based remote
management capability, hot swappable power supply and power amplifier with controller
card redundancy. The transmitters have the capability of back up play time of four hours
of music or pre-programmed content in case of any link failure.
The highlight of BIG 92.7 FM is web-based Media Monitoring Center (MMC) at
Mumbai to monitor all the 45 stations live and provide round-the-clock hands on
solutions and technical support. From July 1, 2008, BIG FM included Singapore, the first
city outside India, in its broadcasting network. It broadcasts its programmes daily from 5
to 8pm on XFM 96.3, under the name of 'BIG Bollywood 96.3FM' .
29
VISION
"TO BE A LEADER IN THE OUT-OF-HOME SPACE WITH THE LARGEST, SLEEK,
EFFECTIVE, and INNOVATIVE Media owners"
MISSION
IMPACTING ITS LISTENERS LIVES POSITIVELY, AND APPLAUDING THE
WORK AND ACHIEVEMENTS OF LOCAL HEROES THROUGH ITS CONTINOUS
INITIATIVES.
Industry
Broadcast Media
30
Type
Privately Held
Company Size
1,200 employees
Founded
2004
Website
http://www.big927fm.com
23%
Head
11%
Manager
7%
Producer
6%
Sales Head
5%
Top Schools
Delhi Univ
6%
Kendriya Vidyalaya
5%
4%
Univ. of Mumbai
4%
3%
Median Age
28 years
Median Tenure
1 year
Gender
Male
66%
Female
34%
HISTORY:
The original avatar of Radio Mirchi was Times FM. Radio Mirchi began operations in
1993 in Indore. Until 1993, All India Radio or AIR, a government undertaking, was the
only radio broadcaster in India. The government then took the initiative to privatize the
radio broadcasting sector. It sold airtime blocks on its FM channels in Indore, Hyderabad,
Mumbai, Delhi, Kolkata, Vizag and Goa to private operators, who developed their own
program content. The Times Group operated its brand, Times FM, till June 1998. After
that, the government decided not to renew contracts given to private operators.
In 2000, the government announced the auction of 108 FM frequencies across India.
ENIL won the largest number of frequencies, and thus started its operations under the
brand name Radio Mirchi.
In January 2006, Radio Mirchi bagged 25 frequencies in the second wave of licenses that
were issued by the Government of India. This pushes the Radio Mirchi presence in 32
centers. In the first wave of launches, Indore was the first city in India having grade of
first private radio channel Times decided to start radio channel to address the mass
audience as advertisers can be attracted by showing a low cost per thousand.
32
AREAS OF OPERATION
Currently, Radio Mirchi has a presence in more than 33 cities, including the 6 metros of
India and Radio Mirchi is the costliest station in India as they charge more than double of
the competition. Radio Mirchi believes premiumness can be achieved by charging more
from the clients.
It reaches out to almost 52% of FM radio listeners in Delhi 44% in Mumbai,40% in
Indore,35% in Jaipur,30% in Bhopal, 20% Chennai, 17% in Kolkata, 15% in agpur,10%
in Bangalore and 02% in Raipur(as till 2006). Radio Mirchi has started providing Visual
Radio to its subscribers in Delhi from 25 July, 2006 onwards and in Mumbai from
September 2006.
MISSION
"Tapping into peoples emotions, thats the mantra behind Mirchis programming."
MIRCHIS POSITIONING
Mirchi.Apka Apna Bollywood station! The ultimate stop for all the film world buzz.
Mirchi caters to the young at heart. Its a royal mix of fun and entertainment! As far as
music is concerned, we are a hit radio format. We play music, which is already a hit
amongst audiences. And we do not break new songs. 80 per cent of Mirchis content is
contemporary Bollywood music. As far as retro is concerned, we generally play the old
numbers post 9 pm at night or during the afternoons. Thats the Mirchi fare for you!
MEOW 104.8 FM
33
Meow 104.8 FM is India's first Just-for-Women Radio station started operating out of
three metros in India i.e. in Delhi, Mumbai and Kolkata. Meow FM is an India Today
Group venture with Anil Srivatsa as it's Chief Operating Officer.
This is how Anil describes and introduces Meow FM to visitors :
"They say God first created man because one always starts with a rough draft. Radio
today followed his plan and waited for the appropriate time to launch Meow 104.8FM,
India's first Just-for-Women Radio station, an India Today Group venture.
We understand what women want and consistently keep the content of Meow 104.8 FM
very close to her heart. Staying true to our nature of breaking rules, we chose not to
follow the traditional structure of radio programming were talk is always a monologue
and second to music, but rather connect with real people out there.
Our biggest strength is interactivity because we engage with our listeners in a one to one
conversation. Hence, ours is a completely unscripted and live show with a human face.
Our exceptionally creative team settles for nothing but the best for our listeners, and it's
an experience to tune in to Meow 104.8 FM to talk with our on "on air hosts".
CHAPTER-2
REVIEW OF LITERATURE
35
REVIEW OF LITERATURE
GOPAL DAS (2009) in an article impact of sales promotion on buyer behaviorIndian retail customers tries to find out impact of retail sales promotions on consumers
buying behavior. In the Global Context of Open Market Economics of Today, the
consumer has become the king. He enjoys a lot of Freedom in his Purchase Decision. A
consumer is in the Position to influence the manufacturer or the marketer regarding, size,
quality, content of the product, price, post sales service, among other things.
As a result, the markets no longer remained the "sellers market", it obviously turned in to
buyers market". With the Indian retail boom, many players are entering with different
retail formats. As a result, competition is becoming very tough. Keeping in mind that the
Indian consumer is price sensitive, each player is trying to attract more customers through
different sales promotional activities. But the exact picture of the impact of sales
promotion on consumer behavior is yet unclear to the retailer.
VIVEK GUPTA (2008) in an article developments of Indian retail sector states that
In terms of the retail development index India ranks fifth. In Asia it occupies the second
position, next to China. Among all the global markets, the Indian retail market is the most
expanding. Given the developments and prospects, the Indian retail sector is in its nascent
stage of evolution. While there are obstacles, there are clear opportunities in modern
retailing in India.The retail sector have proved to be of immense significant from macroeconomic point of view.
What is to be seen is how organized retail can duplicate the same level of personalized
customer service levels offered by the unorganized sector to have a higher conversion
ratio. Gaining and maintaining consumer preference is a battle that is never really won.
Continued and consistent branding initiatives that reinforce the consumers purchase
36
decision will, over time, land the product in consumer preference sets. Attaining and
sustaining preference is an important step on the road to gaining brand loyalty
37
CHAPTER-3
RESEARCH METHODOLOGY
38
RESEARCH METHODOLOGY
OBJECTIVES OF THE STUDY:
To study the Advertising medias being adopted by three industries present in the
Amritsar, i.e. Jewellery, Lifestyle and Automobiles industry.
To Determine the Newspaper, FM radio and Out Of Home Being Preferred The
most for retail store advertisement.
To study the effectiveness of sales representatives of 92.7 BIG FM
RESEARCH DESIGN:
Statement of the problem
Data collection
Research Design
Scope of study
Data analysis and tools and techniques
Limitations
research cannot be initiated. Problem definition refers to the objective on which research
has to be done, so problem definition in my project is the study of Preference Of
Advertising Medias Being Adopted By Jewellery, Automobiles and Lifestyle Industry in
Amritsar. My study has everything to do with clients perception about different mediums
of advertisement.
I. Data collection:
Source of Data:
Two types of data sources will be taken into consideration:1. Primary Data
2. Secondary Data
Primary Data: The primary data are those which are collected a fresh and for the first
time and thus happen to be original in character. Under this project direct collection of
data from source of information & techniques such as survey through questionnaire for
customers has been considered.
Secondary Data: Secondary data is one which has already been collected by someone
else and which has already been passed through statistical processing. Under this project
secondary data is been collected from journals, magazines, & web sites.
II. Research Design:Type of Study: Study is descriptive in nature as its based upon the facts and figures.
Type of universe: The universe is the entire group of items the researchers wish to study
and about which they plan to generalize. Under this project type of universe include
people residing in India.
Population: Under this project type of population include people residing in Amritsar
city.
Size of Sample: Number of people surveyed. The sample consists of 35 respondents.
40
Sampling Procedure: Sampling procedure refers to technique used in selecting the items
for the sample. Under this project selection of respondents is on the basis of judgemental
sampling.
Data analysis and Tools and Techniques: In this study tools and techniques used for
data analysis and interpretation are tables, graphs & percentages techniques.
Scope of Study: This study is mainly confined to the COMPANIES of Amritsar.
The
41
CHAPTER-5
DATA ANALYSIS
AND
DATA INTERPRETATION
42
TABLE
5.1.MEDIA
BEING
PREFFERED
FOR
RETAIL
STORE
ADVERTISEMENT
The table below shows the data of the companies advertising their retail stores through
different mediums
OPTIONS
NO OF RESPONDENTS
% AGE
NEWSPAPERS
25
71%
RADIO
23
66%
OUT OF HOME
20
57%
LOCAL CABLE
10
29%
**In this case the sample size is coming out to be more than 35 because respondents have
opted multiple options.
43
FIGURE 5.1
Interpretation:
From the above bar graph it is clear that, while deciding on advertisements respondents
want to cover all the markets through the use of different mediums of advertising .i.e.
newspapers, radio, out of home and local cable. As the respondents consider local cable
an outdated concept of advertising, thats why only 29% respondents opted, whereas
71% respondents opted for newspapers, 66% for radio and 57 % for out of home
medium of advertising.
44
NO OF RESPONDENTS
%AGE
PUNJAB KESARI
25
71%
DAINIK JAGRAN
16
46%
DAINIK BHASKAR
21
60%
THE TRIBUNE
20
57%
HINDUSTAN TIMES
14
40%
**In this case the sample size is coming out to be more than 35 because respondents have
opted multiple options.
45
FIGURE 5.2
Interpretation:
From the above pie-chart it is clear that most of the respondents .i.e. 71% opted for
Punjab Kesari, as it is the oldest newspaper and captures the market share too with
maximum number of readers. 46% respondents opted for Dainik Jagran as they want to
cover all the readers in Amritsar. 60% respondents opted for Dainik Bhaskar as it is the
second most sold newspaper after Punjab Kesari and does offer good deal packages to
corporate.57% respondents opted for The Tribune newspaper as it covers the educated
readers which are a part of the market itself.40% respondents opted for Hindustan Times
newspaper.
46
NO OF
MAXIMUM READERSHIP
TIME
RETENTION OF ADVERTISEMENT
RESPONDENTS
18
7
10
SPECIAL OFFER
TARGET AUDIENCE
ANY OTHER
%AGE
6
4
5
51%
20%
29%
17%
11%
15%
**In this case the sample size is coming out to be more than 35 because respondents have
opted multiple options.
47
FIGURE5.3
Interpretation:
From the above pie-chart it is clear that 51% of the respondents opted for newspaper for
advertising due to maximum readership.20% opted for time .i.e. respondents feels that
target audience does have time early morning and they do read newspaper at that
time.29% respondents opted for retention of advertisement, i.e. people do retain some
amount of the advertisement when they go through it again and again.17% respondents
opted for advertisement in newspapers just because they were getting special offers, like
news with advertisement.11% opted for newspapers as their target audience does reads
newspapers and 15% respondents has some other reasons for giving advertisements in
the newspaper, like, getting better service from the company, invitations to social parties
etc.
48
NO OF RESPONDENTS %AGE
BIG 92.7FM
25
71%
94.3MY FM
10
29%
MEOW 104.8FM
26%
**In this case the sample size is coming out to be more than 35 because respondents have
opted multiple options
49
FIGURE 5.4
Interpretation:
From the pie-chart it is clear that 71% respondents opted for BIG 92.7 fm, despite the
fact that Big 92.7 FM charges more from its customers for the on air advertisements,
than the other two Fm channels present in the market. The reason being it first tries to
engage its customer and then enrich them with a wide range of its offers.29%
respondents opted for 94.3 my FM and 26% of the respondents opted for MEOW 104.8
FM
50
NO OF RESPONDENTS
%AGE
TRAVELLING
15
43%
LISTNERSHIP
26%
REPETITION
12
34%
COST
13
37%
ANY OTHER
18
51%
51
**In this case the sample size is coming out to be more than 35 because respondents have
opted multiple options
FIGURE 5.5
Interpretation:
From the above pie-chart it is clear that 43% respondents prefer FM radio medium
because while traveling a person doesnt has any other option he/she has to listen to the
radio and is not provided with any other source at that time,26% respondents opted for
listener ship,34% opted for radio as the same jingle is repeated more than one time in a
day by which brand hammering is done,37% respondents opted for cost because radio is
one of the cheapest source of advertisement to reach the customers,51% respondents felt
that there were other reasons to advertise like service provided, special offers and
corporate tie-ups.
52
NO OF
%AGE
RESPONDENTS
BILLBOARDS
17
49%
MOBILE
9%
BILLBOARDS
INSERTS
20
57%
MOBILE SMS
20%
**In this case the sample size is coming out to be more than 35 because respondents have
opted multiple options
53
FIGURE 5.6
INTERPRETATION:The study revealed that huge number of cost was spent to advertise through out of home
mediums. The study revealed that 49% respondents advertise through BILLBOARDS, as
they stick to one place, people have to go through them forcefully and retail companies
try to cover the crowded parts of the city through these billboards. 9% respondents use
mobile billboards to advertise and reach those parts of the city which they cant cover
through other mediums. 57% prefer inserts as it is cheapest and 20% prefer mobile SMS.
TABLE 5.7.REASONS FOR ADVERTISING THROUGH OUT OF HOME
The table below shows the data of the reasons due to which retail store advertisement is
preferred through out of home
OPTIONS
NO OF RESPONDENTS
%AGE
VISIBILITY
15
43%
BRAND HAMMERING
20
57%
PRIME LOCATION
10
29%
ATTRACTION
18
51%
**In this case the sample size is coming out to be more than 35 because respondents have
opted multiple options
54
FIGURE5.7
INTERPRETATION:43% respondents felt that Visibility is one of the main reason to advertise through out of
home service. 57% respondents felt that brand hammering is easily done by advertising
through out of home service. 29% Respondents felt that billboards and mobile billboards
could be easily placed on the prime locations of the city to make the advertisement
effective. 51% respondents stated if the content in the advertisiment is good enough it
could attract viewers towards it too
55
No. OF
%AGE
RESPONDENTS
YES
10
29%
NO
25
71%
Total
35
100%
56
FIGURE 5.8
INTERPRETATION:The local Cable channel was not much preferred by the respondents. As the pie chart
depicts only 29% felt a need to advertise through local Cable due to the visual display
and to show the latest model to attract customers. As from the study we get to know that
Cable is getting outdated i.e. 71% said no. As the big business houses like BHARTI
AIRTEL AND RELIANCE are coming in with Direct To home service. So the local cable
is getting outdated
NO OF
%AGE
ROUND-OFF
LESS
RESPONDENTS
13
52%
52%
VIEWERSHIP
COSTLY
OUTDATED
D T H SERVICE
5
20
16
20%
80%
64%
20%
80%
64%
57
**In this case the sample size is coming out to be more than 25 because respondents have
opted multiple options.
FIGURE 5.9
INTERPRETATION:Nowadays retailers look for new and innovative means to communicate with their target
audience. But the local cable is loosing its luster as retail companies in Amritsar no more
prefer to advertise through it, reason being the interest of target audience is more towards
other national and world channels, i.e. 52% respondents stated less viewership to be the
reason for not advertising through local cable. Only 20% respondents feel that it is costly
as compared to other mediums and also not reaching target audience. 80% of the
respondents feel that its getting outdated; hardly anyone has the time to tune into local
cable. Nowadays ladies tune in for the family soaps whereas mens tune into news
channels. 64% feel that, trend has changed and people have started using direct to home
58
service being provided by big business houses and they will capture more market in the
future.
No. OF
%age
Round off
Below 1 lakh
1 lakh 2 lakh
2 lakh 10 lakh
10 lakh and above
No Answer
Total
RESPONDENTS
2
3
8
6
16
35
5.71%
8.57%
22.85%
17.14%
45.71%
100%
6%
8%
23%
17%
46%
100%
59
FIGURE 5.10
INTERPRETATION:As the Pie chart depicts 46% of the respondents were not interested in sharing their
annual advertisement spend, but in the city their were 17% of the respondents spending
more then rs10,00,000 and 23% respondents spending between rs2,00,000 to
rs10,00,000. 8% spending between rs 1,00,000 to rs 2,00,000 and 6% respondents
spending below rs 1,00,000.
60
CHAPTER 6
FINDINGS & SUGGESTIONS
62
CHAPTER -7
CONCLUSION
CONCLUSION
Here I conclude that the summer internship program done in BIG 92.7 FM, for partial
fulfillment of the MBA degree in GLOBALINSTITUTE OF MANAGEMENT has been
completed successfully. I did my research regarding to study the preference of
advertising medias adopted by three retail sectors (Jewellery, Automobiles and Lifestyle)
63
with special reference to FM. The decisions and calculations made by the marketing
manager or the owner of the company were studied. The choice decisions made by the
marketing manager or the owner were also studied. From the survey I learn that Fm
market is growing day by day in the Amritsar city, most of the people tune into FM Radio
while travelling as they dont have any other medium at that time, corporate and Local
Business houses now understand the importance of brand hammering, day by day more
and more investments are done for advertisement purposes, Big 92.7 leads the Fm radio
market and its the first preference of respondents. Punjab Kesari being the oldest
newspaper with a large number of readers is preferred for local advertisements by the
respondents, Tribune newspaper is preferred in the English newspapers. At last I would
like to say that it was really a great experience and I have learnt a lot during my training
period.
LEARNING EXPERIENCE
During the training period following things were learnt:
SALES: I had my training in the sales department of BIG 92.7 FM. So i used to go out
to the market with the Sales Executive of the company to learn the various skills of sales,
how to engage customer with you and also the negotiation process. During my training
period I visited many worthy clients of BIG 92.7 FM in various fields like JEWELLERY,
EDUCATION,HOTELS and MALLS.
and time pass activities could gather us some important information regarding the client
and also to build some healthy relationships with the client. Websites like linkdin.com
and facebook.com can be used to reach new prospects and also to get their personal
details and make some healthy relations with them.
PRINT TRACK: This track is prepared daily to know about the clients present in the
market and giving advertisements in the newspapers. Through this track we were able to
know about the clients who are not presently giving business to us but are advertising
through other mediums.
MARKET ROUND: Market round means sales executive has to roam in the market
and look for new business, if any new education institute, restaurant, hotel etc are
entering the market. This activity gives an edge to the sales executive as he/she could
approach the customer before others.
BIBLIOGRAPHY
http://en.wikipedia.org/wiki/FM_broadcasting_in_India
http://www.indianetzone.com/37/developments_indian_radio.htm
http://www.indiatogether.org/2004/may/med-trairadio.htm
http://www.linkedin.com/companies/big-92.7-fm
en.wikipedia.org/wiki/Fm_radio
http://en.wikipedia.org/wiki/BIG_FM_92.7
http://www.moneycontrol.com/annual-report/reliancemediaworld/directorsreport/RMW01
en.wikipedia.org/wiki/file:radiomirchi.jpg
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http://www.vu2.in/component/content/article/54-fm-frequency-modulation-broadcastservices/128-big-927-fm-radio-indias-biggest-fm-radio-station-network-big-927-fmradio-delhi-india.html
http://www.daijiworld.com/news/news_disp.asp?n_id=70374
http://www.indiaprwire.com/downloads/photo/200911/10447.jpg
http://www.oaklandcolleges.net/retail/emerging-trends-in-retail-marketing-strategy
ANNEXURE
QUESTIONNAIRE
Dear Respondent,
I am RISHABH SETHI, pursuing MBA from GLOBAL INSTITUTE
OF MANAGEMENT, AMRITSAR conducting a survey on TO STUDY THE
PREFERENCE OF ADVERTISING MEDIAS ADOPTED BY THREE RETAIL
SECTORS (JEWELLERY, AUTOMOBILES AND LIFESTYLE) WITH SPECIAL
REFERENCE TO FM. Kindly spare few moments to fill the questionnaire from your
valuable time. All the information will be kept confidential.
Q.1. Which media being prefered for retail store advertisement?
a. Newspaper
b. Radio
c. Out of home
d. Local cable
Q.2 If newspaper,out of the following which newspaper would you prefer for the retail
store advertisement?
a. Punjab Kesari
b. Dainik Bhaskar
c. Dainik Jagran
d. The Tribune
e. Hindustan Times
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Q.4 If FM RADIO,out of the following which FM channel would you prefer for retail
store advertisement ?
a. BIG 92.7FM
b. 94.3MY FM
c. MEOW 104.8FM
Q.5 What are the reasons for advertising through FM RADIO ?
a. Travelling
b. Listenership
c. Repitition
d. Cost
e. Any other
Q.6 If OUT OF HOME, out of the following which OUT OF HOME would you prefer
for retail store advertisement ?
a. Billboards
b. Mobile billboards
c. Inserts
d. Mobile SMS
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Q.7 What are the reasons for advertising through OUT OF HOME ?
a. Visibility
b. Brand hammering
c. Prime location
d. Attraction
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