Professional Documents
Culture Documents
Final PRJCT
Final PRJCT
2. Introduction
5. Findings- page 39
7. Questionnaire- page 42
8. Bibliography- page 45
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EXECUTIVE SUMMMARY
BODY OF REPORT
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INTERVIEW TECHNIQUE
LIMITATION
The major limitations of the project regarding the time and sample size.
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Britannia Industries (BIL) is one of the leading producers of biscuits and
other bakery products. BIL has a major advantage of the interest taken by the
French collaborator - Groupe Danone. Groupe Danone is one of the leading
players in bakery products business. The association with Groupe Danone
has been a good technological support to BIL. The company is jointly
controlled by Groupe Danone of France, which is holding 22% stake and
Nulsi Wadia group. Nusli Wadia is one of the leading industrial houses in the
country. Britannia enjoys a prominent position in the industry. Over the last
couple of years, it has trimmed down its wide product portfolio and began to
focus on value-added instead of low-margin products. The company divested
a range of unrelated business interests in soyabean extraction, edible oils,
export of cashewnuts and shrimp, granites and software. The company
rationalized its products portfolio by reducing the products from 35 to
around 25.In October 1999; the company has issued bonus shares in the ratio
of 1:2.Britannia is the market leader in the 1.2-million ton Indian biscuits
industry with a 60% share. It mainly caters to the premium segment. With
the launch of Tiger brand, it has taken a plunge in the low-end category,
taking competition head on with Parle which is the leader in this segment.
The company has also diversified within dairy and bakery products to enter
the butter, cheese and gee markets.
Britannia has built an enviable retail distribution network
which services 400,000 retail outlets in 2,200 towns with the help of 2,500
distributors. The company is aggressively expanding its network with a bias
towards the rural markets.
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Britannia constantly expands its product portfolio to achieve
its vision of converting every third Indian into its consumer. In order to
appeal to the younger generation, the company added two new products --
Sweet Lassi and Milkman Cold Coffee -- to its existing dairy-based drinks
portfolio which includes the `ZipSip' brand of flavored milk.
Recently, in the ethnic food segment, the company introduced a new range
of traditional `namkeens' in Mumbai called Britannia Snax. The new range
includes seven varieties of traditional namkeens like 'Bikaner ki Bhujia' and
'Rajasthani Alu Bhujia' in a price range of between RS 5 and RS 20.
In Dec. 2000, Britannia dropped its plans to enter the
mineral water segment. The move comes close on the heels of Danone
launching its own mineral water brand, Evian, in India, through a separate
wholly-owned subsidiary, Danone India. Groupe Danone is globally the
second-largest producer of mineral water in the world with brands such as
Evian, Volvic, Ferrarelle Badoit, Font Vella and Aquarium among others.
The mineral water segment in India is growing at around 50% annually and
is dominated by Bisleri and Bailley.BIL, has acquired the trade mark
"KWALITY", the Chef Device and several other trademarks owned by
Kwality Biscuits of Bangalore for a consideration of Rs 30 crore. It has also
agreed in principle to acquire 49% equity of Quality Biscuits. The
transaction is expected to be completed during the current financial year.
The company has agreed to acquire 49% equity of Snacko Bisc (P) Ltd.
along with the trademark 'NUTRINE' in respect of Bakery Product etc.
and several other trademarks along with copyrights and designs. The
transaction is expected to be completed by end 2001.Further; company has
also agreed to set up a joint venture company in India with New Zealand
Dairy Board/New Zealan Milk (NZ). In the joint venture company it is
proposed that NZ and Britania will hold 49% each of the share capital and
the balance 2% will be held by business associates. In March 2002, the
Company entered into a joint venture with the Fonterra Cooperative Group,
New Zealand. BIL will be transferring its existing dairy business to the new
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joint venture. The joint venture will be effective from 27th March 2002 and
will be engaged in areas relating to sourcing/manufacturing and distribution
of milk and milk products in India.
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HISTORY
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PRODUCT
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MARKET
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PROMOTION
The role of promotions for Britannia is especially
important in this highly fragmented and competitive market. Today, the
company Prides itself on communication that is innovative, yet constantly
able to strike a chord in the consumers' hearts and minds. Britannia's
promotions have virtually redefined consumer expectations from this
category.
To reach out to the Indian consumer, Britannia
has successfully leveraged India's two prime
passions - cricket and movies. Britannia
addressed these platforms in a manner true to
its unique innovative style. It capitalised on
every Indian's dream to watch a cricket World
Cup match and created the 'Britannia Khao,
World Cup Jao' contest in 1999. It based itself
on instant gratification. All the consumer
needed to do was buy packs of Britannia
biscuits, scratch a lucky card and win an all-
expenses paid trip to England to watch a World Cup match. This promotion
was so successful that it set a trend that has got every company scrambling
for tickets to take their consumers for the World Cup. This promotion was
repeated successfully in 2002/03 with the destination of choice being South
Africa. Taking the success further was the promotion of 'Britannia Khao,
Cricketer Ban Jao' that was fuelled by the need of every Indian to be a part
of the passion called cricket. Britannia followed it up with another unique
promotion; a vehicle that dealt with India's other passion - movies. A
promotion called 'Britannia Lagaan Match' that revolved around a movie
called Lagaan was based on a cricket match. This promotion gave the
consumer a chance to interact with the film stars and also get to play cricket
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with them. The match had over 40,000 spectators and made the headlines of
leading newspapers and news channels.
Britannia promotions have
proved to the marketing world
that promotions per se need not
be only tactical but could also be
strategic - used as a tool to
further brand equity.
Britannia advertising has
distinguished itself from
competition in terms of imagery
and recall value. The innovation of such communication was exemplified
through the launch of Britannia's salt-sweet biscuit. The brand name was 50-
50 and the consumer was never told upfront that the product was salt-sweet.
But by just allowing the consumer to decipher the message himself, the
company was able to draw the consumer closer and distinguish the offering
from competition.
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RECENT DEVELOPMENTS
BRAND VALUES
The Britannia brand is all about eating
healthy, to lead a better life. It advocates values that stand for health,
hygiene, family, trust and taste. It reflects the strong link between physical
and mental well-being that is so important to a person, and is typically a
result of what one eats. Today, Britannia, driven by a passion for excellence,
manifested by its innovative thinking, has been able to weave itself into the
fabric of the consumer's everyday life. While Britannia strives to give
consumers a healthier life, the consumer on the other hand, has come to
expect innovation from Britannia's offerings - a huge challenge for the
company.
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ACHIEVEMENTS
Britannia is synonymous with the rise and growth of the
biscuit industry in India. Throughout this process it has displayed an
uncanny intuition about emerging popular tastes for biscuits. This foresight,
coupled with the will to innovate and evolve new products, has been the
impetus that has propelled the Britannia brand ahead of the rest. Being the
market leader, Britannia Industries operates under an underlying principle of
setting its own rules and standards that have almost always become the
adopted paradigm for the entire biscuit industry.
It brought the health dimension to an industry that was
traditionally driven by taste alone. This is reflected in Britannia’s brand
slogan, introduced in 1997 that exhorted consumers to ‘Eat Healthy, Think
Better’. This was quickly embraced by the entire industry to come up with
similar promotional campaigns showing biscuits to be an epitome of a
healthy, happy diet. Going beyond biscuits has been the most difficult
challenge and a litmus test for the company. Britannia entered the dairy
category with the launch of Britannia Milkman range of dairy products. With
the success of Britannia Milkman Cheese, it achieved a niche for itself in a
category that was defined by a competitor that had created the category.
Britannia’s products retail in over 2 million outlets
(Source: ACNielsen ORG-MARG, 2003), selling approximately 200 million
packs a month. With millions of happy consumers every month, Britannia is
considered to be one of the most trusted food brands in India (Source: ET
Brand Equity Study, 2003). Britannia has also successively made the Forbes
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Things you didn't know about
Britannia
Britannia products are sold in over 2 million outlets, reaching millions of
consumers who buy approximately 2.4 billion packs each year. A small army
keeps Britannia going - over 100 stock-keeping units, 3,000 employees, over
pack of 12 biscuits for every two people in the world. Stacked on top of each
other, all Britannia biscuits sold in a year would stand 10,000 times taller
than Mount Everest. Britannia has had a long association with cricket and
cricket players. Nearly half the members of the current Indian cricket team
serve as its brand ambassadors. Launched in 1997, Tiger became the largest
selling Britannia biscuit brand in just 4 months of launch. It crossed the Rs.
1 billion sales mark in its very first year and is growing stronger.
Volume 3548
Market Lot 1
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Valuation Ratios
Year End - Mar 2009
Price/Earnings 14.61
Price/Book 3.58
Price/Sales 1.04
Per-Share Data
Year End - Mar 2009
Book Value (Rs) 151.03
Dividend (Rs) 10
Income Statement
Year End - Mar 2009 (Rs Crore)
Sales 1349.06
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Interest 11.06
Depreciation 26.06
Sales 379.2
Interest 1.6
Depreciation 5.3
Net Profit 33
Profitability
Year End - Mar 2009
Cash 70.85
Management Effectiveness
Year End - Mar 2009
Return on Assets 24.72%
Financial Strength
Year End - Mar 2009
Current Ratio 0.85
Board of Directors
Chairman: Nusli N Wadia
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Director: Avjit Deb
Director: Nimesh N
Kampani
Director: S S Kelkar
Director: Francois-Xavier
Roger
Stock Performance
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Location
Kolkata 700017
West Bengal
India
Phone: 91-33-2472439/2057
Fax: 91-33-2472501
Listing (BRIT.BO)
Mumbai
Kolkata
Kochi
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About the RETAILER
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MARKETING RESEARCH
research is the function which links the consumer, customer and public to
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STEPS IN RESEARCH DESIGN PROCESS
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RESEARCH METHODOLOGY
Sampling unit:-
It refers to who are the sample targets. In this project the
sampling targets are children’s, Students, Housewives and Employers.
Sampling size:-
It refers to the numbers of respondents included in the
sampling plan. In this study the sample size is restricted to 100.
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Sampling Procedure:-
In this project the sampling procedure is the random
sampling method.
Primary data:-
A structure interview schedule/ questionnaire were used as
a tool for primary data collection from respondents.
Secondary Data:-
Books, Journals, Magazines, Web sites.
3. STUDY OBJECTIVES:-
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4. SCOPE OF THE STUDY:-
The study is continuing to Bijapur City only.
The various consumers we met, to find out their perception towards
Britannia Tiger Brand Biscuits.
Consumer perception towards various company Biscuits.
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Table – 1
AGE
AGE
BBBB
The Above table revives that 36% of the respondents are in the age
group of 21-30 years and 27% of the age group of 10-20 years.
.
And the remaining of the age group of the below – 10, 31-40 and above 40
the constitutes 17%, 7% and 13% of the total respectively.
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Table – 2
OCCUPATION
Interpretation:
Interpretation:
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The above graph shows that 53% respondents are like Parle Brand
Biscuits and Britannia, Sunfeast, Priyagold, and Dukes are 40%, 3%, 3% &
1% respectively.
Table – 4
Interpretation:
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The above graph it is clear that 49% of the respondents are like
Glucose Biscuits,& Cream,Chocolate,Salt and Butterscotch are
19%,15%,5% & 12% respectively.
Table – 5
Interpretation:
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The above graph it is clear that 36% of the respondents are accept
energy from Biscuits,& Hunger satisfaction, taste and Health condition are
16%,28% & 20% respectively.
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Table – 6
Interpretation:
The above graph it is clear that 46% of the respondents are used
Biscuits daily & Weekly, Monthly & Quarterly are 42%,10%, & 2%
respectively.
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Table – 7
Interpretation:
From the above graph shows that the maximum number of
respondent are 100gm, which comes up to 60% , while 25% , 9% , 4%
& 2% are 50 gm, 250 gm, 500 gm & 1kg respectively.
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Table – 8
Interpretation:
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Here maximum people know this biscuit from advertisement
i.e50%.friends.relatives.brand.20%.14%.16% respectively
Table – 9
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Interpretation:
Here 55% respondent’s has given response that biscuit quality
is better.Good,Best,Bad,20%20%5% respectively.
Table – 10
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Interpretation:
As here 95% of responder’s are satisfied with biscuit and only 5% are not
satisfied.
FINDINGS
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CONCLUSION
to the market is low compare to Parle-G, the company y should take measure
should come with new feature for attracting. To improve the taste, Quality &
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RECOMMENDATIONS
Change the packing and packing color of Britannia Tiger Brand Biscuits.
To improve the shapes of biscuits because the rectangle shape is old one.
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QUESTIONNAIRE
Dear Sir/Madam,
I am pleased to introduce myself Mr. Yuvaraj Rathod as MBA
student of SIKKIM MANIPAL UNIVERSITY of Health, Medical &
Technological Sciences, Bijapur. As a part of my curriculum I am
conducting a survey on “consumer satisfaction of Britannia tiger Biscuits in
Bijapur City”. The information provided by you will be strictly kept
confidential and used for academic purpose only.
1) Age
I. Below 10
II. 10 –20
III. 21 –30
IV. Above31
2) Occupation
I. childhood
II. employee
III. Student
IV. Housewives
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3) Which brand biscuit do you like?
I. Britannia
II. Parle
III. dukes
IV. priyagold
V. sun feast
I. Cream
II. Glucose
III. Chocolate
IV. Salt
V. Butterscotch
I. 50 gm
II. 100gm
III. 250gm
IV. 500gm
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V. 1kg
I. Friends
II. Relatives
III. Brand
IV. Advertisement
I. Good
II. Better
III. Best
IV. Bad
I. Yes
II. No
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BIBLIOGRAPHY
Web sites
www.google.com
Www. Superbrandsindia.com
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