Professional Documents
Culture Documents
DAVV, Indore
Bachelor of commerce
(Accounting & Tax Management)
Batch 2017-20
CERTIFICATE
This is to certify that Mr. Ayush Singh of SCHOOL OF
COMMERCE has successfully completed the MARKET RESEARCH
PROJECT as prescribed by the Institute. This report is the record
of authentic work carried out by the student during the
academic year 2017 -2020.
Dr.Bhoomi Sitlani
(MRP Guide)
ACKNOWLEDGEMENT
With immense pleasure, I would like to present this project
report for AMUL “GUJRAT CO-OPERATIVE MILK MARKETING
FEDERATION. It has been an enriching experience for me to
make my MARKET RESEARCH PROJECT on AMUL, which would
not have possible without the goodwill and support of the
people around. As a student of SCHOOL OF MANAGEMENT, I
would like to express my sincere thanks to all those who helped
me for my MARKET RESEARCH PROJECT.
Words are insufficient to express my gratitude towards
Dr.Bhoomi sitlani for his support as my mentor in this market
research project.
At last but not the least I would like to thank our Head of
Department Dr.Preeti Singh, who has granted us the
opportunity to make market research project, and all the
faculty members who have guided us and given their assistance
for the project.
However, I accept the sole responsibility for any possible
error of omission and would be extremely grateful to the
readers of this project report if they bring such mistakes to
my notice.
GUJARAT COOPERATIVE MILK
MARKETING FEDERATION:
AN OVERVIEW:
GUJARAT COOPERATIVE MILK MARKETING FEDERATION is
India’s largest food products marketing organization. It is a
state level apex body of milk cooperatives in Gujarat which
aims to provide remunerative returns to the farmers and also
serve the interest of consumers by providing quality products
which are good value for money.
TYPE : COOPERATIVE
INDUSTRY: DAIRY
FOUNDED: 1946
HEADQUARTERS : ANAND
KEY PEOPLE: Chairman,Kaira district milk producers,
REVENUE : Rs. 38,550 crore (US $ 5.13 Billion) (2019-
20)
WEBSITE : www.amul.com
INTRODUCTION AND HISTORY
In the year 1946 the first milk union was established. This
union was started with 250 liters of milk per day. In the year
1955 AMUL was established. In the year 1946 the union was
known as KAIRA DISTRICT CO-OPERATIVE MILK PRODUCERS’
UNION. This union selected the brand name AMUL in 1955. The
brand name Amul means “AMULYA”. This word derived form
the Sanskrit word “AMULYA” which means “PRICELESS”. A
quality control expert in Anand had suggested the brand name
“AMUL”. Amul products have been in use in millions of homes
since 1946. Amul Butter, Amul Milk Powder, Amul Ghee,
Amulspray, Amul Cheese, Amul Chocolates, Amul Shrikhand,
Amul Ice cream, Nutramul, Amul Milk and Amulya have made
Amul a leading food brand in India. 7 (The total sale is Rs. 6
billion in 2005). Today Amul is a symbol of many things like of
the high-quality products sold at reasonable prices, of the
genesis of a vast cooperative network, of the triumph of
indigenous technology, of the marketing savvy of a farmers'
organization. And have a proven model for dairy development
(Generally known as “ANAND PATTERN”). In the early 40’s, the
main sources of earning for the farmers of Kaira district were
farming and selling of milk. That time there was high demand
for milk in Bombay. The main supplier of the milk was Polson
dairy limited, which was a privately owned company and held
monopoly over the supply of milk at Bombay from the Kaira
district. This system leads to exploitation of poor and illiterates’
farmers by the private traders. The traders used to beside the
prices of milk and the farmers were forced to accept it without
uttering a single word. However, when the exploitation became
intolerable, the farmers were frustrated. They collectively
appealed to Sardar Vallabhbhai Patel, who was a leading
activist in the freedom movement. Sardar Patel advised the
farmers to sell the milk on their own by establishing a co-
operative union, Instead of supplying milk to private traders.
Sardar Patel sent the farmers to Shri Morarji Desai in order to
gain his co-operation and help. Shri Desai held a meeting at
Samarkha village near Anand, on 4 th January 1946. He advised
the farmers to form a society for collection of the milk.
These village societies would collect the milk themselves and
would decide the prices at which they can sell the milk. The
district union was also form to collect the 7 milk from such
village co-operative societies and to sell them. It was also
resolved that the Government should be asked to buy milk
from the union. However, the govt. did not seem to help
farmers by any means. It gave the negative response by turning
down the demand for the milk. To respond to this action of
govt., the farmers of Kaira district went on a milk strike. For 15
whole days not a single drop of milk was sold to the traders. As
a result the Bombay milk scheme was severely affected. The
milk commissioner of Bombay then visited Anand to assess the
situation. Having seemed the condition, he decided to fulfill the
farmers demand. Thus their cooperative unions were forced at
the village and district level to collect and sell milk on a
cooperative basis, without the intervention of Government. Mr.
Verghese Kurien showed main interest in establishing union
who was supported by Shri Tribhuvandas Patel who lead the
farmers in forming the Cooperative unions at the village level.
The Kaira district milk producers union was thus established in
ANAND and was registered formally on 14th December 1946.
Since farmers sold all the milk in Anand through a co-operative
union, it was commonly resolved to sell the milk under the
brand name AMUL.
Amul in abroad :
Amul is going places. Literally. After having established its
presence in China, Mauritius and Hong Kong, Gujarat
Cooperative Milk Marketing Federation (GCMMF), India s
largest milk cooperative, is waiting to flood the Japanese
market. ‟ Then, GCMMF is also looking at Sri Lanka as one of its
next export destinations. Amul products are already available
on shelves across several countries, including the US, China,
Australia, West Asian countries and Africa. GCMMF recorded a
turnover of Rs 2,922 crore last fiscal. Its products include pouch
milk, ultra heat treated (UHT) milk, ice-cream, butter, cheese
and buttermilk.
PEOPLE POWER:AMUL'S SECRET OF
SUCCESS :
The system succeeded mainly because it provides an assured
market at remunerative prices for producers' milk besides
acting as a channel to market the production enhancement
package. What's more, it does not disturb the agro-system of
the farmers. It also enables the consumer an access to high
quality milk and milk 7 products. Contrary to the traditional
system, when the profit of the business was cornered by the
middlemen, the system ensured that the profit goes to the
participants for their socio-economic upliftment and common
good. Looking back on the path traversed by Amul, the
following features make it a pattern and model for emulation
elsewhere.
Amul has been able to:
• Produce an appropriate blend of the policy makers farmers
board of management and the professionals: each group
appreciating its rotes and limitations,
• Bring at the command of the rural milk producers the best of
the technology and harness its fruit for betterment.
• Provide a support system to the milk producers
without disturbing their agro-economic systems,
• Plough back the profits, by prudent use of men, material and
machines, in the rural sector for the common good and
betterment of the member producers and The Union looks
after policy formulation, processing and marketing of milk,
provision of technical inputs to enhance milk yield of animals,
the artificial insemination service, veterinary care, better feeds
and the like - all through the 7 village societies. Basically the
union and cooperation of people brought Amul into fame i.e.
AMUL (ANAND MILK UNION LIMITED), a name which suggest
THE TASTE OF INDIA.
Plants:
First plant is at ANAND, which engaged in the
manufacturing of milk, butter, ghee, milk powder,
flavoured milk and buttermilk.
Second plant is at MOGAR, which engaged in
manufacturing chocolate, nutramul, Amul Ganthia and
Amul lite.
Third plant is at Kanjari, which produces cattelfeed.
Fourth plant is at Khatraj, which engaged in
producing cheese.
Today, twelve dairies are producing different products under
the brand name Amul. Today Amul dairy is no. 1 dairy in Asia
and no. 2 in the world, which is matter of proud for Gujarat and
Whole INDIA.
CONSUMER BEHAVIOUR
ABOUT THE TOPIC:-
CONSUMER BEHAVIOUR:-
It is defined as all psychological, social and physical
behavior of potential customers as they become aware,
evaluate, purchase, consume, and tell to others about
product and services.
Buying behavior involves both individual (psychological)
and group process. o Buyer behavior is reflected from
awareness right through post purchase evaluation
indicating satisfaction and non satisfaction , from
purchaser .
1. Buyer behavior includes communication, purchasing
and consumption behavior
2. Consumer behavior is basically social in nature hence
the social factors play important roles in shaping
buying behavior.
3. Buyer behavior includes both customer and
industrial behavior.
“Hence consumer behavior is an orderly process whereby the
consumer interacts with the environment for making a
purchase decision on products “
CONSUMER SATISFACTION:-
All business firms have realized that marketing is a core
element of management philosophy & the key to its success
lies in focusing more & more on the customers. That is, it will
be the customer who will decide where the firm is heading.
Thus the challenge before the marketer is to ensure that they
should satisfy every customer.
Satisfaction is an important element in the evaluating stage.
Satisfaction refers to the buyers state of being adequately
rewarded in a buying situation for the sacrifices he has made
one the customer purchase & use the product they may then
become either satisfy or dissatisfied.
Customers are people who are happy with the product &
services & are willing to come back & pay for it again.
Today the firms aim to give satisfaction to the customer
through marketing concepts. The firm try to help the buyers
in the solving the problem then competitors. The marketers
must see that consumers with purchasing power constitute a
potentials buyers are identified. It is essential for the
marketer to carry out the business in such a way that they
give satisfaction to consumers needed. When a firm markets
a product or service it should aim to enjoy consumer’s
satisfaction & profit maximization.
CONSUMER RESEARCH:-
Consumer research is the methodology used to study
consumer behavior research offer set diverse to identify
consumer needs it is used to identify both felt & unfelt
needs, to learn how consumers. Perceive product & brand &
stores. What their attitudes are before and after promotional
campaigns & how & why they make their consumption
decision.
MARKETING RESEARCH:
MARKETING RESEARCH:
Marketing research plays an important role in the process of
marketing. Starting with market component of the total
marketing talks. It helps the firm to acquire a better
understanding of the consumers, the competition and the
marketing environment.
DEFINITION:
“Marketing research is a systematic gathering, recording and
analysis marketing problem to facilitate decision making.”
- Coundiff & Still.
1. RESEARCH PROBLEM:
Seek the general perception of consumer towards Amul
Milk.
To know the consumer psyche and their behavior towards
Amul Milk .
Increase the awareness level of Amul Milk.
To find the performance level of Amul Milk with respect to
other brands.
3. INFORMATION REQUIREMENT:
4. RESEARCH DESIGN:
A Research design specifies the methods and procedures for
conducting a particular study. It is a map (or) blue print to
which the research is to be conducted. Descriptive research
design has been considered as a suitable methodology for
present study and for data analysis.
5. SAMPLING DESIGN:
The sampling design used was Convenience sampling, which is
a non-probability sampling method. The convenience factors
were the availability and approachability of the respondents.
6. POPULATION:
All types of outlets that stock and sell Amul milk in the
markets. The outlets have been classified into as follows:
Convenience stores: All kinds of shops including bakeries
Eateries: all kinds of eating joints.
DICHTOMOUS:
These are the questions which are Boolean in nature. These
answers are straightforward and respondents have to answer
them in a straight way. That means the answer can only be
either “yes” or “no”.
AGE:
Age plays a vital role in purchase decision. Age classified on the
age basis i.e below 18 , 18-25 ,25-30 and above 30. Age
classification is requiring to marketer because different gender
exhibits different perception towards products. In classification
of gender the following number is used to know their
perception.
BELOW 18
18-25
25-30
ABOVE 30
INTERPRETATION:
As, it can be seen from the table that age is divided into 4
segments. It can be interpreted that people belonging to the
age of 18-25 years are the ones who prefer Amul milk.
OCCUPATION:
Occupation is also influences a person’s consumption pattern.
A blue collar worker will buy work clothes, work shoes and
lunch boxes. Similarly the Amul Milk and Milk products are
purchased by various occupants. The following occupants of
the respondents are classifies for the data collection.
INTERPRETATION:
From the surveyed respondents, the maximum respondents are
students i.e. 90%, and the respondents whose occupation is
business and are employed are of same percentage.
INCOME:
Income decided the purchasing power of the customer. If the
income is high then, they go for high quality irrespective of
price of the product. Hence in this research I like to collect the
data how income is influence to purchase Amul Milk .
Analysis of Monthly Income of the Respondents
MONTHLY INCOME NO.OF PERCENTAGE %
RESPONDENTS
NIL 36 69
BELOW 5000 5 9
5001-10000 7 16
ABOVE 10000 2 6
TOTAL 50 100
NIL
BELOW 5000
5001-10000
ABOVE 10000
INTERPRETATION:
As the income is considered , the more than three fourth of
respondents are having zero income, and whereas 9% of the
respondents is having a income below 5000 whereas 16% of
the respondents is having income of 5000-10000 , and only 5%
of the respondents have a income above 10000.
PURCHASING FACTOR:
Identification of various factors plays a vital role in consumer
behavior study. The various factors such as quality, price easy
available etc. is influencing lot and influences positively. The
following data reveals how various factors are influencing to
buying of Amul Milk and Milk products.
INTERPRETATION:
76% of the respondents choose Amul milk for its quality, 10%
for its brand image 5% for its price, and the rest 9% for its easy
availability in stores.
1 LITRE
2-4 LITRE
MORE THAN 4 LITRES
INTERPRETATION:
From the respondents, 85% of the respondents purchase 1 litre
of Amul milk and 13% of the respondent’s purchase 2-4 liters of
Amul milk whereas only 2% of the respondents purchase more
than 4 litres of Amul milk.
PURCHASE DURATION:
Repeat purchase will help to know what customer loyalty
towards Amul Milk & milk products. When consumer
repeatedly purchases the product, it is understood that they
are satisfied with the products. The following data show the
various statuses of the respondents.
INTERPRETATION:
From the survey, it can be concluded that 44% of the
respondents purchase Amul milk on a daily basis, whereas 22%
purchase Amul milk once in 2-3 days and 5% purchase Amul
milk in 4-6 days and 29% of the respondents purchase Amul
milk once in a week.
PLACE OF PURCHASE:
Place of purchase is an important factor for purchase of amul
milk . The place of purchase can be supermarket or retail store
or convenience store . The place of purchase is defined by the
easy or nearby source of buying AMUL milk.
SUPERMARKET
RETAIL STORE
CONVENIENCE STORE
OTHERS
INTERPRETATION:
45% of the respondents purchase milk retail store 29%
from convenience store 17 and 9% from supermarket and
others respectively.
INTERPRETATION:
30% of the respondent’s rate Amul milk is an excellent product
and 60% and 10% of the respondents rate Amul as a good and
average product.
EXCELLENT
GOOD
AVERAGE POOR
INTERPRETATION:
65% of the respondents feel that Amul that the value of the
money paid by them is good, whereas 13% feel that value of
the money paid by Amul is not good, and the rest 22% were
confused whether the money paid by them is good.
Sales
YES
NO MAYBE
FINDINGS:
First I would like to present my survey findings. The main
findings of my survey are as follows:
1. As per the findings based on the Age of the respondents,
mostly customers between the ages of 18-25 prefer to buy
Amul milk.
7. The place to buy amul milk was mostly retail store for the
most of the respondents, rest of the respondents purchase
amul milk from either supermarket or convenience store.
SUGGESTIONS:
CONCLUSION:
As we know that Amul is big cooperative of India and well
known for its super brand image not only in India , but also in
Asia and market leader in dairy products .It is a cooperative
from Anand ,Gujarat and has a well known and prestigious
image in whole India. As Amul can flourish in any part of India if
it rectify some of its mistakes in advertising, marketing and
auditing then it can make a boom in whole India. Amul is not
only a well known brand in milk products but also a well known
brand in ice-creams and chocolates capturing a considerable
amount of market share in each sector.
STRENGHTS:
Very high market share in ice cream – Amul has the top market share in
ice cream segment which further helps it push other products into the
market.
Excellent brand equity – amul is a beloved brand over the years and the
contribution of amul girl and her outdoor ads should specifically be
mentioned here.
Strong Supply chain – Vendors love Amul and amul is known for the
white in India.
WEAKNESSES:
Cost of Operations – Amul’s operation is huge. And so is the cost. Plus the
sector is such that maintaining margins becomes difficult day by day. Thus, to
face international players, Amul needsto maintain the operations in the same
manner it is carrying out today. It is not a weakness but rather a constant
challenge for Amul. In fact, during summers, the brand faces severe shortage of
supply.
Chocolates – Amuls expansion to chocolate has failed and hardly any product of
Amul chocolates is selling in the market. Amul needs further products to expand
its product line and increase bottomline.
Opportunities :
Export – Amul can export its product to other countries thereby increasing
its turnover and margins exponentially.
Concentrate more on chocolate market – Amul has a no advertisement
policy which creates a problem for its foray into additional products. Amul
should in fact have separate SBU’s and concentrate more on increasing
its product line through chocolates or other such products.
Threats :
BIBLIOGRAPHY:
WWW.AMUL.COM
WWW.GOOGLE.COM
WWW.SCRIBD .COM
WWW.MANAGEMENTPARADISE