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Culture Documents
PROJECT REPORT
ON
ANALYSIS OF MARKET TREND OF SPICIES IN INDIA
(Submitted in the partial fulfilment for the award of degree)
IN
BACHELOR OF BUSINESS ADMINISTRATION
Submitted by
My deepest thanks to our teacher DR. WASEEM KHAN the Guide of the project for guiding& and
correcting my documents with attention and care. He has taken pain to go through the project and
make necessary correction as and when needed.
I express my thanks to the Faculty of Management, Jamia Hamdard, New Delhi, for extending his
support.My deep sense of gratitude to Mr. ASHOK SHAH (Corporate Mentor) and Mr. ABHAY
SHRIVASTAV (ASM) Hamdard Laboratory for their support.
I would also thank my Institution and my faculty members without whom this project would have
been a distant reality. I also extend my heartfelt thanks to my family and well-wishers.
In 1906, in undivided India’s capital, Delhi, a devoted, determined, yet unworldly man,
Hakeem Hafiz Abdul Majeed, laid the foundation of the Hamdard Dawakhana. What started
as a small Unani Clinic in one of the by lanes of historic old Delhi, Hamdard has become
synonymous with integrity and high quality in the field of relatively inexpensive Unani
medicines.
But now Hamdard laboratories have divided into two different divisions: Hamdard Unani
Medicine and Hamdard Food Division.
I have done my internship with Hamdard food division. Some of the Product of Hamdard food
division is: - Roohafza, Isabgol, Saffron, Milk shake, Lassi, Fusion, Nariyal pani,
Orange and lemon Squash, Glucose D, Honey, Hing, Jam-e-shirin, and Olive Pomace
Oil etc.
Methodology: -
This Project is to provide classification information about the spices trend with the different
region with the help of questionnaire. It is done on the basis of primary study as well as
secondary data.
TABLE OF CONTENT
S.NO Title Page.no
CERTFICATE
DECLARATION
ACKNOWLEDGEMENT
1 Chapter-1 8-11
Introduction (The Company)
• WHAT IS MARKITING
• 4Ps OF MARKETING
• What Is the Purpose of Marketing
• INDUSTRY OVERVIEW
• Why Is Marketing So Important
• ABOUT COMPANY
• VISION & MISSION
2 Chapter- 2 Overview of the project 12-20
4 29-34
Chapter-4 Analysis & Interpretation
6 Suggestions 40
7 Reference 41
8 Appendices 42-49
WHAT IS MARKETING
Marketing refers to the activities of a business related to buying and selling a product or service. It
involves finding out what consumers want and determining whether it is possible to produce it at
the right price. The company then makes and sells it.
The 4 Ps
Product
A product is defined as a bundle of attributes (features, functions, benefits, and uses) capable of
exchange or use, usually a mix of tangible and intangible forms.
Thus a product may be an idea, a physical entity (goods), or a service, or any combination of the
three. It exists for the purpose of exchange in the satisfaction of individual and organizational
objectives.
While the term “products and services” is occasionally used, product is a term that encompasses
both goods and services.
Price
Price is the formal ratio that indicates the quantity of money, goods, or services needed to acquire a
given quantity of goods or services.It is the amount a customer must pay to acquire a product.
Promotion
Promotion includes tactics that encourage short-term purchase, influence trial and quantity of
purchase, and are very measurable in volume, share and profit.
Companies may apply a number of different marketing strategies to achieve these goals. For instance,
matching products with customers' needs could involve personalization, prediction, and essentially
knowing the right problem to solve.
Another strategy is creating value through the customer experience. This is demonstrated through
efforts to elevate customer satisfaction and remove any difficulties with the product or service.
During 2020-21, the only largest spice exported from India was chilli followed by mint products, cumin, spice oils and
oleoresins, and turmeric. Together these constitute almost 80% of the entire spices export from the country.
EXPORTS TREND
India is that the largest exporter of spice and spice items. For the year 2020-21, the country continued its upward trend
and exported spices worth US$ 4.18 billion, a 34% increase from the year 2019-20.
in terms of volume.
MAJOR EXPORT
DESTINATIONS
India exported
spices and spice
products 180
to
destinations
worldwide in 2020 -
21. the highest
destinations among
them were China,
USA, Bangladesh,
Thailand, the UAE,
Sri Lanka,
Malaysia, the UK,
Indonesia, and
Germany. These nine destinations comprised quite 70% of the total export earnings in 2020-21.
Spices worth Rs. 6,271.5 crores (US$ 791.5 million) were exported to China in 2020-21 which constituted 23% of the
general value exported. USA imported spices worth Rs. 4,650 crores (US$ 586.8 million) in 2020-21, constituting 17%
of the entire exported value from India. Bangladesh imported spices worth Rs. 2,512.8 crores (US$ 317.1 million)
from the country during the above period and it comprised 9% of the entire exported value from India. UAE exported
spices worth Rs. 1,653.0 crores (US$ 208.6 million) from India in 2020-21 which is 6% of the entire value exported.
Type Non-profit
Industry , Food
Founded
1906 Healthcare
Products
Rooh Afza, Safi, Roghan
Badam Shirin,
Website
www.hamdard.in
HAKEEM ABDUL MAJEED
My contribution:
Every intern contributed very much but if we talk contribution of mine as an intern so I would like
to share some points which may help to understand my contribution:
Hamdard Laboratory (Food Division) 24/8/22 - Present
I am responsible to add new outlets in existing beat, manage outlets using sequence foot print
option, mark leave option, etc. and team coordinator for West Delhi intern. I Have been allocated
the area west Delhi. I covered total of 19 beats (40outleat per beat) That were
1. ASHOK NAGAR
2. HARI NAGAR
3. RAJOURI GARDEN
4. JANAKPURI
5. SUBHASH NAGAR
6. INDERPURI
7. KARAMPURA
8. KIRTI NAGR
9. MOTI NAGR
10. NARAINA
11. RAMESH NAGAR
12. CHOUKHANDI
13. HASTAL
14. MADIPUR
15. MAHAVEER NAGAR
19
16. PACHIM VIHAR
17. PUNJABI BAGH
18. RAGHUVEER NAGAR
19. SHIVNAGAR
Role:
1. To know about different spices brands available in market.
2. To gather the information about the Schemes provided by different MNCs vs local brands.
3. To know margin in particular areas(beats) on spices.
4. To know retailer perspective and insights for Hamdard spices.
5. To find out productive and interested outlets for spices.
6. To know retailer purchase pattern and capacity.
7. To operate SFA app and continue market research.
8. Convincing retailers and solve their queries/issues.
I have made word file to show productive and interested outlets for selling Hamdard spice and mail
to Area sales manager (ASM) regarding inappropriate questions in questionnaire, and problem faced
by intern in handling APP.
I have also connected ASM with new distributor for spices. Many of time help salesperson in achieving
their target by convincing retailers.
20
21
Overview of the Project
22
LISTED BEATS
The timing of internship was 10.00 am to 6.00 pm. Arriving at the location what I supposed to
do, firstly I used to open the app and select the beat on which I had to go with my ASM that
day and then select the store name to visit one by one. And add the new one which was not
listed in it
I used to visit the store with my ASM and greet them respectfully and to make them aware
about the spices ’or you can say a new product of the Hamdard food division and then used to
ask them some pre-describe question (from the questionnaire) about the market trend of the
spices in their local area.
23
24
HOW TO USE THE APP?
25
Step-3:
Step-4:
26
Step-5:
Step-6:
27
Step-7:
Step-8:
28
Step-9:
29
30
Research Methodology
Research design: My research was both qualitative and quantitative in nature. Qualitative in the sense that the
attitude and the beliefs that the retailers has and which elements creates hurdle in the keeping spices in that outlet
or thereby influencing him/her or just clarifying his/her doubts creates a positive attitude in the minds of the
retailers and then in consumer regarding upcoming spices and also he/she wants from company to do proper
advertising of spices and branding on outlets to influence consumers.
Research design was Descriptive in nature as we are describing the market characteristics, basically in a specified
population and specified region. Also analysing the degree to which marketing variables are associated. The
purchasing pattern in region was considered. Also the market share in the regions was studied. Sampling
method: The approach that was followed Non Probability Sampling, as the whole population was divided into
exclusive subgroups and then the proportions of these subgroups in the population were identified.
Sample size: The sample size was 40 outlets per beat and 20 new if exist and total I captured 500 outlets in total.
Secondary Data Collection Methods: Secondary data is collected by an individual other than the actual user.
It means that the data or information is already available, and someone analyses it. The secondary data includes
newspapers, magazines, journal etc.
So in this report I have gather information from internet, company's official website and some screenshot
available.
Demographic detail: Research include survey which is comprises of question regarding topic of research
like spice related outlet, purchase pattern, mostly sold spice brand, etc. Respondents are from West Delhi.
31
32
Analysis and Interpretation
The survey response has been translated into MS excel for further quantitative analysis and
then result is, in India MDH is the market leader in the spices industries
MDHGOLDIERAJESHMUNSHI PANNACATCHEVERESTRAJSHREEBADSHAH
MDHGOLDIERAJESHMUNSHI PANNACATCHEVERESTRAJSHREEBADSHAH
33
Most selling Size/SKU’s of Clove whole: -
50grams100grams200grams
34
Most selling size of Garam masala powder:
100
80
60
40
20
Datenreihen1
0
50grams 100grams 200grams
fortnightly
weekly
0 10 20 30 40 50 60
70
35
Price spend on per buy:
70
60
50
40
30
20
10
0
less than 1000 1000-3000 3000-5000 5000sbove
36
Margin offered by different brands:
50%
40%
30%
20%
10%
0%
MDH GOLDIERAJESH MUNSHI CATCHEVERESTRAJSHREE BADSHAH
PANNA
37
38
Limitations.
Sample size: sample size matters allot because when sample size is small then it will be
difficult to find significant relationships from the data, as statistical tests normally require
a larger sample size.
Lack of available and/or reliable data – because of lack of data it will limit the scope of analysis,
the size of sample, or it tends to be a critical obstruction in finding a pattern and an important
relationship.
Limited information: because of limited information available scope of market analysis limits and
creates obstruction in finding proper pattern.
Wrong address: Major issue was wrong address of outlets or fake outlet it take time to find those
outlets.
App glitch: Some time because of APP glitch like automatic submission of survey, login and
logout issue, automatic stop functioning.
39
40
Conclusion
Marketing includes all the activities an organization embraces to attract clients and keep up
associations with them
Hamdard Laboratories (India), is a Unani pharmaceutical company in India (following the independence
of India from Britain, "Hamdard" Unani branches were established in Bangladesh (erstwhile East Pakistan)
and Pakistan). It was established in 1906 by Hakeem Hafiz Abdul Majeed in Delhi, and became a waqf (non-
profitable trust) in 1948. Some of its most popular products include SHARBAT ROOH AFZA, SAFI,
ROGHAN BADAM SHIRIN, SUALIN, JOSHINA AND CINKARA. It is associated with Hamdard
Foundation, a charitable educational trust.
There is general arrangement that advanced media have incredibly affected the manner in
which an advertiser arrives at the present shopper. Advanced media allude to electronic media
that disperse data in computerized designs.
Business research methodology includes method used for any research. It includes primary
and secondary data collection method for research.
At last I conclude that during survey most of the respondents are facing some issue earlier
that’s why not willing to answer the question but after giving them time and resolving issue
they are ready to purchase Hamdard spices in future. Online medium and offline for
marketing is must to attract customers and retailers. Respondents also give suggestions to use
digital platform to promote products. Most of the respondents need maximum margin and
heavy advertisement to sell spices.
Hamdard have to choose marketing technique according to the scenario like digital marketing
and TV ads.
41
Suggestion
Organizational needs- As the customer input is high the organization needs to increase its internal
capacity.
a) Attractive schemes-The organization should provide some attractive schemes to regular
customers in order to maintain customer loyalty.
b) Solve retailers issue quickly- when organization value their retailer there are more chance
of success like (MDH and Everest do they immediately solve issues, that’s why in many
areas retailers prefer these brands).
c) Take all type of retailers seriously- In many areas there are many retailers who has less
buying capacity but ready to buy Hamdard products.
d) Make product available on time- By providing products on time organization can make
customer as well as retailers happy.
e) Return policy- If return policy is good enough then it give sense of security to all
customers.
f) Focus more on digital marketing and advertisement- In today’s world digital marketing
is must to create awareness, demand, and attract consumers. Organization should focus
advertisement of product because if customer sees anything repeatedly then it increases
chance of buying that product.
g) Promotion of new and old products- By using digital platform or other it make customer
believe that the product is of good quality and reliable. By updating about products on
digital platform it helps in maintaining goodwill of company.
h) Use digital platform to know customers taste and preferences- Mostly Company know
use digital platform to know customers preferences and provide products according to it.
i) Don’t be seasonal bee- Mostly retailers don’t like that company who is push sales during
off season, don’t consider value of retailers during season.
42
References
• https://en.wikipedia.org/wiki/Hamdard_India
• https://hamdard.com/
• 4Ps of marketing: https://www.ama.org/the-definition-of-marketing-what-is-
marketing/
• About marketing: https://marketbusinessnews.com/financial-
glossary/marketing-definition-meaning/
• (NCERT book of business studies and from website)
• https://visual.ly/community/Infographics/food/india-land-spices
43
Appendices
44
45
46
47
48
49
50
51
THANK
YOU
52