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Transcript of Marketing Strategies of Fresh Mineral Water a Study on Meghna Group of Industries
Problems & Opportunities of Marketing Strategies of Fresh Mineral Water: A Study on
Meghna Group of Industries
Prepared By
Amaresh kumar biswas
ID: 092-14-0005
Semester: Spring-11 Batch No: 7th
Prepared For
Professor. Dr.Iqbal Hossion
Faculty of Business
Date of Submission: 04-05-2011
ASA UNIVERSITY BANGLADESH
1
I am pleased to accept this dissertation on "Problems & Prospects of
Marketing Strategies of Fresh Mineral Water" of Meghna Group of
Industries by Amaresh kumar biswas MBA: ID: 092-14-0005
.......................................
Professor. Dr.Iqbal Hossion
Chairman
Asa university Bangladesh
2
Letter of Acceptance
4th May, 2011
Professor. Dr.Iqbal Hossion
Chairman
Asa university Bangladesh
Subject: Submission of Theses paper.
Dear sir,Here is the Report of my dissertation of Meghna Group of Industries. I have truly enjoyed my time during preparing this report specially questionnaire interview.
I have tried my best to comprehend and translate my knowledge in writing this report. My effort will be rewarded only if it can satisfy you. Moreover, I have learnt precious knowledge of consumer perceptions about mineral water. I believe this topic is really outstanding concept about fresh mineral water in our country.
I hope that you will find the report useful whether you are carrying out a wholesale review of survey processes or looking for some new ideas to improve certain aspects.
Sincerely yours
Amaresh kumar biswas
3
Letter of Submission
First of all I would like to express my gratitude to hounarable teacher, whose invisible guidance helped me to complete this report. I take the opportunity to express my deep sense of gratitude of my reverend supervisor for her invaluable suggestions and guidance during the study period that has greatly inspired me in preparing this report successfully.
I must convey authentic gratitude to Md. Mostofa Kamal, Managing Director, Meghna Group of Industries to permit me to take crucial information.
I would like to express my gratitude to Mr. Kaud-Rut-E-Elihe, General Manager, Md. Yeasin mollah, Marketing Manager, Mr. Masuduzzaman Rana, SDO for lending me there valuable time, guidance and cooperation and all the support that help me to finish my report successfully.
I express my appreciation to all Consumer and Retailers who corporate me in collecting the data and supplying necessary information. Finally, I want to express my deep gratitude to my parents whose enormous helps assist me to complete my report.
4
ACKNOWLEDGEMENT
Mr. Mostafa Kamal (Chairman and Managing Director, Meghna Group of Industry) first move to distribution of essential commodities from government sources to ultimate consumer. He started to import of essential commodities like sugar, refined edible oils, milk, etc. When the supply and demand situation of essential commodities cased out to a tolerable extent, Mr. Kamal felt the need to foresee the more important issue like industrial development in the country. But due to lack of sufficient funds from his own source he first decided to start small production ventures during the late eighties and selected to produce Edible Oils locally. During late eighties he started acquiring the land required for the foreseen industries and immediately there after commenced installation of his first industrial unit- Meghna Vegetable Oil industries Ltd in 1990. Subsequently he built one industry after another in the same location and in-quick succession.
I have developed my report on problems and prospects of Super Fresh mineral water in accordance with my task during internship. For the purpose of the study necessary data were collected from the primary and secondary sources. The primary sources include: Face to face interview with officials and customer of MGI, Practical work under the supervision of officials at head office, Expert person and the secondary sources include: Office files, Relevant papers, books, journal and various study reports.
Here I developed four marketing mix where maximum marketing concepts were labored. Super Fresh mineral water becoming number one mineral water in Bangladesh due to strong management of the company. A complete circle about supply chain and value delivery network has come out in this report.
5
EXECUTIVE SUMMARY
Contents Page No
Part – i
[An Introduction to the Report]
Introduction 12
Objectives 14
Scope 15
Methodology 16
Research Deign & Instruments 17
Sampling Plan 17
Sampling Size 17
Sampling Unit 17
Sampling Extent 18
Sampling Method 18
Data Collection Technique 18
Research Tool 18
Data Analysis Technique 18
Limitation 18
6
Part - ii
[Overview of the Company]
Historical Background 22
Overview of Meghna Group of Industries 23
Mission 25
Vision 25
The social Commitments25
The Management
Management Structure
The Group
Profile of MGI
Organization Name
Owner
Location
Number of Employees
Source of Finance
Supply of Product
7
Sources of Raw Material
Recruitment & Selection
Brand Name “Fresh”
Areas of Operation
Products And Services
Market Share
Features of Fresh Mineral Water
Management Structure of SFMW
8
Part - iii
[Analytical Issues, Outcome of questionnaire]
Awareness
Percentage of Selling
Opinion of SFMW
Pet bottle that get highest preference
Percentage of Selling of Each Size
Quantity of Damaged Product
Quantity of Product Becomes Damaged in Super Store
Recovering Damaged Product
Survey on Pricing from Sellers
Facilities of Payment Period
Duration of Payment Period
Awareness About Three Purifies Stages of SFMW
Free sample with SFMW
Profit from Promotional Activities
Product Delivery
Schedule of Visiting
Area Segmentation
Limitation of Survey
9
Part-iv
[Respondent Profile (Retailers)]
Survey Area
Types of Shop
Volume of Purchase
Volume of Sales
Terms of Transaction
Distribution System of Mineral Water
Influential Factors For retailers regarding mineral water
Important Factors to increase the selling
Special probe on Super Fresh Mineral Water
10
Findings
Recommendation
Conclusion
Questionnaire
Question for Retailer
Bibliography
11
Introduction
This dissertation is based on a Problems & Opportunities of Marketing
Strategies of Fresh Mineral Water on Meghna Group of Industries.
Meghna Group of Industry is one of the largest and fastest growing
industrial in Bangladesh. Meghna Group of Industries produces most
essential food and beverage for human consumption. They produce goods
such as FRESH mineral water, FRESH Full Cream Milk Powder, FRESH
brand Sugar, FRESH brand Atta, Moida , FRESH brand Spices , FRESH
brand Tea, FRESH brand Super Refined Soybean Oil, FRESH brand
Mustard Oil, FRESH brand Coconut Oil. According to the questionnaire
consumers prefer fresh mineral water, MUM, Pran, Aqua, Jibon, Spa. The
major competitor brands in the consumer goods market are Unilever, City
Group, Aftab Group, Pran etc. Meghna Group of Industry has the largest
brands of consumer product and the cost of providing consumer promotion
offer is also large by the same proportion. Besides the competitor brands are
known to involve in some unfair practices. They pay a very low wage rate to
their labors so overhead costs are low, they under invoice their imported raw
materials so that they can evade import taxes and other duties, so they save a
lot of money in the process.
12
Litarature Review
Philip Kotle-The societal marketing concept holds that the organisation's
task is to determine the needs, wants, and interests of target markets and to
deliver the desired satisfactions more effectively and efficiently than
competitors, in a way that preserves or enhances the consumer's and the
society's well-being.
American Marketing Association Definition
-The process of planning and executing the conception, pricing,
promotion, and distribution of ideas, goods, and services to create
exchanges that satisfy individual and organizational objectives.
Peters Tom-The relentless pursuit of an almost familial bond between
customer and product.
13
1.2 Objectives:
MGI is one of the widest and renowned private companies of
Bangladesh. MGI has been providing high quality goods and services
for more than 13 different companies engaged in business activities.
Mineral Water is convenience goods that are consuming everyday.
MGI is providing Mineral Water to consumer since starting their
business activity. After 1990 MGI established United Mineral Water &
PET Industries to meet consumers demand. Then they introduce PET
bottle by establishing United Mineral Water & PET Industries. They
maintain water marketing division nation wide strong distribution
channel; they also prepare TV advertisement and take other
promotional activities to establish this new product in the market.
Some times its proportion of sale decrease and sometimes increases
too. Maximum time it reached at its expected level. For this reason
they try to find out what is their actual problem and SWOT analysis of
their product. Here they think that they are number two so, they try
harder to win the first position by overcoming existing problems of
marketing fresh mineral water.
14
Objectives of the Study:
the main objective of preparing the report is fulfilling the partial
requirements of the BBA program and to explore problems &
Prospect of Marketing of Mineral water special reference to MGI.
We have some other objectives such as:
- To determine present demand of Fresh Mineral Water
- To explore retailers attitude toward Fresh Mineral Water
- To determine constraints of repeat purchase of Fresh Mineral
Water
- To know the effectiveness of advertisement.
- To provide some suggestion
1.3 Scope of the study:
This study includes only an evaluation of the Product provided by
Meghna Group of Industries. I had done my survey for the consumer
& retailer shops only. We could not go outside of Dhaka for doing
survey because of time limitations, cost, availability of transports etc.
15
1.4 Methodology of the study:
Definition of Methodology:
Methods followed to perform a job or conducting activities to complete a
task is called methodology. In conducting this study the following
methodology will be adopted in collecting data and information, preparation
of report etc.
For the purpose of the study necessary data were collected from the
primary and secondary sources. The primary sources include:
Primary sources
Face to face interview with customers and retailer of MGI
Practical situation of mineral water consumption in the market.
Questionnaires.
Secondary source
Web Sites of MGI.
Books, journal and various study reports.
Annual reports of 2009 to 2010 of MGI.
16
1.5 Research design and Instruments:
Quantitative research was based on the measurement of quantity of
number.
The instruments that were used for data collection are the
questionnaire. The questionnaire was structured, multiple-choice and
closed-ended type questions.
1.6 Sampling Plan:
Population
For time and budget limitation, our research group had decided
to pursue the retailers in Dhanmondi at Dhaka the mineral water
and all of retailers who sold mineral water These entire shoppers
helped us to continue the dissertation.
1.7 Sample size:
Total sample size is 10 which is divided into two locations.
respondents enlisted at the consumers.
respondents enlisted at the retailers.
1.8 Sampling Unit:
Retailers at Dhanmondi in Dhaka city and consumers who use
mineral water was my study unit.
17
1.9 Sampling extent:
I had decided to cover the area of star kabab, Mohamadpur,
Sankar area for consumer portion and for retailer’s
Mohammadpur. Dhanmondi, area had been selected.
1.10 Sampling Method:
Simple Judgment sampling method was operated.
1.11 Data Collection Technique:
Survey method (Retailers interviewing).
1.12 Data Collection Instrument/Research Tool:
Questioner/ Data were collected through questioner.
1.13 Data Analysis Technique:
Data were collected from questioner, then the data were
organized and summarized into the scrutiny, then coding and
interpreting the result.
1.14 Limitations of the study:
In every research program there always remain some limitations. The
first problem we face time constraint. There is no enough time to
prepare this report. Questioner, Data collection, and Data analysis
and interpreting the result with in 60 days. This amount time is really
not enough for identifying the research problem properly. We have to
18
survey the consumer and retailers shops only. We could not go out
side of Dhaka for doing survey because of time limitation; we faced
several problems such as –
The researchers’ limitations
- Limitation of time
- Limitation of Data collection
- Lack of information
- Lack of knowledge of the researcher
Limitation of company management
- Doesn’t give all information in order to maintain business
secrecy
- Lack of proper documentation
- Fare of loosing goodwill
19
PART - iiii
Historical Background
Overview of Meghna Group of Industries
Mission
Vision
The social Commitments
The Management
Management Structure
The Group
Profile of MGI
Organization Name
Owner
Location
Number of Employees
Source of Finance
Supply of Product
Sources of Raw Material
Recruitment & Selection
Brand Name “Fresh”
20
Areas of Operation
Products And Services
Market Share
Features of Fresh Mineral Water
Management Structure of SFMW
21
Historical Background:
Entrepreneur Mr. Mostafa Kamal, Started in 1976, MEGHNA GROUP OF
INDUSTRIES is one of the largest and fastest growing industrial
conglomerates in Bangladesh. Meghna Group of Industries produces most
essential food and beverage for human and animal consumption but also
construction material, packaging materials and electricity in its plants
located at Meghna Ghat, Sonargaon, in the district of Narayangonj. The
group has about 10000 permanent & casual employees. Its annual turnover
is approximately TK. 4000 crore (around US$ 600.00 Million) and thus
contributes much to the industrialization and development of the socio-
economic condition of the Bangladesh in terms of reducing unemployment,
saving valuable foreign currency and reducing import dependencies and
earning foreign currencies through exports of its products .
For the uncompromising product quality and strong management policy
most of the industries of the group has earned ISO9001: 2000
certification. The group has been awarded the prestigious the Nawab Sir
Salimullah Gold Medal presented by the Hon'ble President of the
People’s Republic of Bangladesh for its magnificent performance in the
22
industrialization of the country and also awarded the International Star
Award for Quality (ISAQ) in Gold Category by BID (Business
Initiative Directions) in Geneva in October, 2005 for commitment to Quality
and Excellence. BID based in Spain has also awarded the Group with
World Quality Commitment Award in Platinum Category in Paris, 2006
and Quality Summit Award in Diamond Category in New York, 2007 for
outstanding performance in Quality Commitment and industrialization.
The group has established a power plant named Unique Power Plant Ltd.
- I of 28 MW capacity engineered by world famous Rolls-Royce Marine AS
to meet its own power requirement and also to supply to REB and
neighboring industries. It has no. II unit having 6 MW capacity to run its
sugar industry and meanwhile there has been an agreement with REB to
supply 3 MW from this plant to REB grid. Another 25 MW capacity power
plant is under implementation.
Overview of Meghna Group of Industries:
During the early seventies, The supply situation of essential commodities in
Bangladesh was in turmoil. Business initiatives were very limited despite
huge demand in the local market due to inadequate Government policy.
People were suffering from scarcity of most essential commodities. Such an
uncertain situation prompted Mr. Mostafa Kamal to be in the business. He
established trading companies and organized countrywide distribution chain.
Gradually he got himself involved in more risky ventures of import trade in
the early eighties. Mostafa Kamal Mr. had foreseen the necessity of
industrial development of the country. Gradually he developed and
23
established other food and edible oil processing industries one after another
in quick succession.The group produces most essential commodities like
Cement, Milk Powder, Soyabean Oil, Palm Oil, Suger, Mustard Oil,
Coconut Oil, Natural Flour (Atta), Refined Flour (Maida), Semolina (Suji),
Salt, Spices, Stearine ( Dalda), Margarine (Ghee), Mineral Water, Tea,
Poultry and Fish Feeds, P.P. Woven Bag, Duplex board, Liner paper etc. in
its own industrial park, located at Meghnaghat, Sonargaon, Narayangonj.
For the uncompromising product quality and strong management policy
most of the industrial units of the Meghna Group has been awarded
ISO9001; 2000 certification. The group has been awarded the Nawab Sir
Salimullah Gold Medal presented by the Honourable President of the
People’s Republic of Bangladesh for its magnificent performance in the
industrialization of the country and also awarded the International Star
Award for Quality (ISAQ) in Gold Category by BID (Business Initiative
Directions) in Geneva in October, 2005 for commitment to Quality and
Excellence. BID based in Spain has also awarded the Group with World
Quality Commitment Award in Platinum Category in Paris, 2006 and
Quality Summit Award in Diamond Category in New York, 2007 for
outstanding performance in Quality Commitment and industrialization.Mr.
Mostafa Kamal Chairman and Managing Director of the Meghna Group
being the main architect of the industrial park has also established different
schools, colleges, mosques and madrashas to offer free education to the
people for uplifting their lifestyle and socio economic condition in both
general as well as religious sector.
24
Mission:
The Mission of MGI as a private Sector Investor is to foster and promote
industrial entrepreneurship in the country by supplementing public sector
through new and innovative business ideas and thereby to enhance pace of
industrialization towards a tangible socio-economic development of
Bangladesh.
Vision:
The Vision of MGI is to become a leading industrial group of the country
striving to make Bangladesh self-sufficient in producing various consumer
and industrial goods. MGI also looks for becoming a market leader in
matters of quality products and satisfaction of customers through
competitive prices and services.
THE SOCIAL COMMITMENTS:
To meet the necessity of the society Mr. Mostafa Kamal has immense
contribution towards social needs. The group has not only focused on
building new and better industries aimed at providing employment to
hundreds of skilled and unskilled labor but at the same time has worked
towards establishing of Hospitals, setting up of schools, colleges, madrasas
and orphanages so that people could get better education and health
facilities. These institutions, established and run by Mr. Mostafa Kamal,
have helped in improving the standard of education and health care in both
Dhaka city and as well as in remote areas of Bangladesh.
25
Health Sector
Director:
Central Hospital Ltd.
Barakah General Hospitals Ltd.
Education Sector
Al-Hajj Nur Miah Degree College
Mostafa Kamal High School
Konkapoit Primary School
Member board of Governance - People University
Religious Sector
Al-Hajj Ayeasha Nur Madrasha
Al-Hajj Noor Miah Jame Mosque and Meghna Group
Central Mosque
Konkapoit Union Parishad (Community Centre)
Contribution to many others Mosques & Madrasha
26
27
2.2 The Management:
The Board of Directors comprises the following
personalities:
Mr. Mostafa Kamal Chairman & Managing
Director
Ms. Beauty Akhter Director
Miss. Tahmina
Binthe Mostafa
Director
Miss. Tanjima Binthe
Mostafa
Director
The executives involved in the running of the group are :
Name Designatio
nProfile
Mr. Mohd. Jashim UddinExecutive
DirectorCompany Affairs
Mr. S M Muzibur Rahman,
FCAGM Finance & Accounts
Mr. Kartick Chandra Das GM Technical
Lt. Col. Md.
Quaderuzzaman (Retd)GM Administration (Factory)
Mr. Md. Abu Zafar GM Consumer Goods
Mr. Abu Mohammad
HabibullahGM
Administration (Head
Office)
28
Mr. Md. Harun-Or-Rashid GMMarketing (Fibre &
Feeds)
Mr. Khandakar Ataur
RahmanGM Marketing (Cement)
Mr. Afzal Hossain GM Foreign Trade
Eng. Md. Harun-Or-Rashid GM Project
Lt. Col. Saiful Islam, E.
Bengal, MBA (Retd)GM Logistics
Mr. S.M. Zahirul Huq In-charge Procurement
Mr. Yousuf Ali, ACMA Sr. DGM Cost & Budget
Lt. Commander M.
Sahadat Hossain (Rtd.)DGM Shipping
Mr. Pronob K. Majumder,
ACMADGM Accounts
Mr. Md. Noor Islam, ACMA AGM Accounts
Mr. Md. Zakir Hossain Head of IT IT
Mr. Md. Hasan Imam Sr. Manager Ad & Creative
29
Management Structure:
30
MD
EDDirector
Admin.Director
AccountingDirector
LogisticDirector
Marketing Director
GM GM GM GM
DGM DGM DGM DGM
AGM AGM AGM AGM
M M M M
MD- Managing Director
ED- Executive Director
GM- General Manager
DGM- Deputy General Manager
AGM- Assistant General Manager
M- Manager
THE GROUP:
The Meghna Group of Industries comprises the following units:
Consumer Goods:
Tanveer Dal Mill & Flour Mills Ltd.
Meghna Tea Company.
Tanveer Mustard Oil Mill And Coconut Oil Mills Ltd.
United Sugar Mills Ltd.
United Edible Oils Ltd
United Mineral Water & PET Industries Ltd.
United Salt Industries Ltd.
Tanveer Oils Ltd.
Tanveer Food Ltd.
Janata Flour & Dal Mills Ltd.
31
Cement:
Unique Cement Industries Ltd.
Paper:
Tanveer Paper Mills Ltd.
Packaging & Printing:
M. M. Printing & Packaging Co. Ltd.
United Fibre Industries Ltd.
Tanveer Polymer Industries Ltd.
Power & Electricity:
Unique Power Plant Ltd.
Everest Power Generation Co. Ltd.
Poultry & Fish Feed:
United Feeds Ltd.
Steel:
Tanveer Steel Mills Ltd.
Shipping, Logistics & Transport:
Mercantile Shipping Lines Ltd.
G. Shipping Lines Ltd.
United Shipping Lines.
United Dockyard & Ship Builders.
Housing:
Meghna Properties Ltd.
Others:
Kamal Trading Co.
Kamal Imports & Exports Ltd.
Everest CNG Refueling & Conversion Ltd
32
2.3
2.3.1 Name of the organization:
“Meghna Group of Industries (MGI)”
2.3.2 Owner: Md. Mostofa Kamal
2.3.3 Location:
Head Office: Meghna Group of Industries (MGI)
FRESH VILLA
House # 15, Road # 34
Gulshan-1,Dhaka-1212.
Factory: Meghna Group of Industries (MGI)
It is situated in Meghna Ghat
Sonargaon, Narayangong.
33
Profile of Meghna Group of IndustriesProfile of Meghna Group of Industries
2.3.4 Total numbers of employers:
Beginning : 60 (including Managing director)
Present : 10,000 (including daily labors)
Marketing employers: 250 (approx.)
2.3.5 Source of finance:
At beginning : Own finance
At present : Own finance and bank loans.
2.3.6 Supply of Products:
1. Director Supply.
2. By Agent.
2.3.7 Sources of Raw Materials:
1. Import.
2. Buy From Local Producers
2.3.8 Recruitment and selection of human resource:
Source: External and internal.
Media: advertisement is used for vacant post.
Selection process:
In selection process there is a selection board. In selection board, the
persons who are involver: General Manager, Executive Director,
Administration and responsible divisional Manager in which
department employee will be employed.
34
2.3.9 Brand name of fresh the product of MGI:
The brand name of the product of Meghna Group of Industries is
“Fresh” has positive effect to the customer which motivate customer
to buy the product of Meghna Group of Industries. The brand
“Fresh” also indicates the total quality product of the product of MGI
(Meghna Group of Industries).
2.3.12 Areas of Operation:
MGI is one of the widest and renowned private companies of
Bangladesh. MGI has been providing high quality goods, and
services with 13 different companies engaged in multifarious
business activity. Meghna group started their business by consumer
items in the year 1980. Company establishes a soyabean oil refinery
in the year 1990. From 1999 Meghna Group have been increase the
business wings gradually and the position of this company are very
big. In 2003 this company holding the following sites concern situated
at Meghna Ghat Narayangong.
Meghna Dairy and Food Product Limited
Bagdad Vegetable Oil Industries Limited
Meghna Coconut and Mustard Oil Mills Limited
Meghna Flour and Dal Mills Limited
Meghna Tea Company
Mercantile Shipping Lines Limited
United Fiber Industries Limited
35
United Edible Oils Limited
United Shipping Lines
United Mineral Water and Pet Industries Limited
Unique Power Plan Limited
2.3.13 PRODUCT AND SERVICES:
“FRESH” is the brand name of most of the consumer products of Meghna
Group of Industries. This branding scheme descends from the “family
branding strategy”. Meghna Products are distributed through an effective
nationwide marketing network. It enjoys the services of an efficient
marketing force, positioned at strategic points in the national network from
the East to west and north to south, rather say, form Teknaf to Tetulia.
1. FRESH mineral water.
2. FRESH Full Cream Milk
3. FRESH Atta, Moida (Flour) and Suji (Semolina)
4. FRESH Spices (Chilli, Turmeric, Coriander, Cumin Powder)
5. FRESH Tea
6. FRESH Iodized Salt
7. FRESH Super Refined Soybean Oil
36
8. FRESH Super Refined Palm Oil
9. FRESH Stearine and Margarine
10. FRESH Mustard Oil
11. FRESH Coconut Oil
12. FRESH Ordinary Portland Cement
13. FRESH Poultry Feed
14. FRESH brand Feed
15. SUPER FRESH Soybean Oil
16. SUPER FRESH Vegetable Oil
2.3.13 Competitors Name of MGI:
1. Fagun Food Products Ltd.
2. Pertext Company Ltd.
3. Milk Vita co-operative Society
4. Aftab Food product Ltd.
5. Gaffar Food Products Ltd.
6. Agro Food products Ltd.
7. M.M. Ispahani Ltd.
8. Shah Cement and Limited.
9. Holciem Company Ltd.
10. M.T.C Cement Indsutries Ltd.
11. Ahad Cement Ltd. and company.
12. Karim Cement Ltd.
13. Makka Cement Company Ltd.
14. Estern Cement Company Ltd.
15. City group of Company Ltd.
37
16. S. Alam Vegetable Oil Mills Ltd.
2.3.14 Market Share of MGI:
Products NamePercentage
Super Fresh Soybean Oil 25%
Super Pure Vegetable Oil 25%
Super Fresh Mineral Water 15%
Fresh Mustard Oil 60%
Rose Mustard Oil 30%
Fresh Coconut Oil 35%
Fresh Milk 35%
Fresh Bonoshpoti 40%
Market Share of MGI.
38
Market Share of MGI
Super Pure Vegetable Oil
Super Fresh Mineral Water
Fresh Mustard Oil
Rose Mustard Oil
Fresh Coconut Oil
Fresh Milk
Fresh Bonoshapoti
Super Fresh Soyabean Oil
2.4
Promotional strategies of Promotional strategies of “Fresh Mineral Water” that includes
following features
2.4.1 Quality:
It can easy to say that Super Fresh mineral water, because it takes
there stops in quality maintain. Maximum company uses one stage
and two stages in our company’s three stages to refine water are
explained below
1. Ozone technology
2. Reverse osmosis
3. Ultra violet
There are many institutions in our counter that give certificate to
standardized quality of an industry. Fresh mineral water also gets
nomination from many institutions as BSTI, WHO etc.
39
Promotional strategiesPromotional strategies
Quality of a product can be measured by comparing with other
product. In the research it is found that MUM mineral water is the
main competitor of Fresh mineral water. To compare them items that
are contents with them are given bellow:
Mineral Content of Super Fresh
Calcium 29 mg
Bicarbonate 134 mg
Sulfate 1 mg
Potassium 2 mg
Sodium 4 mg
Magnesium 1 mg
Chloride 10 mg
Fluoride <1 mg
Mineral Composition MUM
TDS 250 mg/L
Total Alkalinity 50/ ml
Hardness 100 to 200 mg/L
Fluoride 1 mg/L
Iron 0.3 mg/L
Manganese .1 mg/L
Nitrate Nitrogen 6.4 to 7.5
40
2.4.2 Prospect of SFMW for quality:
Now-a-days consumers are too much concern about quality of a
product. They don’t impressed by the external packaging of a
product. For this reason our mineral water stands in number one
position. In future many popular companies may fall down due to less
quality of their products. But SFMW has a bright future because we
are very much concern about product quality.
2.4.3 Design & Shape:
The way to add customer value is through distinctive product style
and design. Design is larger concept then style. Style simply
describes the appearance of a product. Style can be eye-catching or
yawn producing. A sensational style may grab attention and produce
pleasing aesthetics, but it does not necessarily make the product
perform better. Unlike style, design is more than skin deep-it goes to
the very heart of a product. Good design contributes to a product’s
usefulness as well as to its looks.
Meghna Group of Industry is too much careful about their product
design for that they shape their bottle for Fresh mineral water with an
attractive design. Actually pet bottles were designed for both mineral
water and Soya bean oil and consumer demands for ½, 1, 2, 3, 4 or 5
liter. Same bottles are using Fresh mineral Water. For that FRESH
mineral water get comparatively strong pet bottles than other mineral
bottles. The shape of the bottle has made in highly consumer
demand.
41
2.4.4 Features:
Pet bottles for Fresh mineral water have some feature to use. These
features are explained below:
1. Bottles are transparent so that waters look so fresh.
2. The most attractive feature of Fresh bottle that it is easy to
handle.
3. Middle point of 2 & 3 liter bottles has a curve to hold.
4. All pet bottles are comparatively harder than other company’s
bottle.
5. The body design of pet bottle is also attractive which indicate
the image of our company.
2.4.5 Problems in size:
We have no 1.5 liter pet bottle mineral water but other competitors
have. This size required for two situations.
No. 1 situation- Restaurant and hotel demand hardly for 1.5 liter. 1.5
liter is appropriate for two or three customers, if waiter serves 2 liter
size of mineral water then customer decline for that.
No.2 situation- When 4 customers come, they required more than
1.5 liter. Here 2 liter is appropriate but hotel manger takes a chance
to get more profit. They don’t give them 2 liter but two 1.5 liter where
they get more profit by selling two bottles.
42
So in both situations sales development officers or supplier can’t
handle them or they can’t sell our mineral water.
2.4.6 Brand Name:
Perhaps the most distinctive skill of professional marketers is their
ability to create, maintain, protect, and enhance brands of their
products and services. A brand is a name, term, sign, symbol, or
design, or a combination of these, that identifies the maker or seller of
a product or service. Consumers view a brand as an important pert of
a product, and branding can add value to a product. For example,
most consumers would perceive a bottle of White Linen perfume as a
high-quality, expensive product. But the same perfume in an
unmarked bottle would likely be viewed as lower in quality, even if the
fragrance were identical.
Branding has become so strong that today hardly anything goes
unbranded. Sault is packaged in branded containers, common nuts
and blots are packaged with a distributor’s label, and automakers.
Even fruits, vegetables, and poultry are branded.
Branding helps buyer in many ways. Brand names help consumers
identify products that might benefit them. Brands also tell the buyers
something about products quality. Buyers who always buy the same
brand know that they will get the same features, benefits, and quality
each time they buy. Branding also gives the seller several
advantages.
43
2.4.7 Labeling:
Labels may range from simple tags attached to products to complex
graphics that are part of the package. They perform several functions.
At the very least, the label identifies the product or brand, such as the
name Fresh stamped on pet bottles. The label might also describe
several things about the product – who made it, where it was made,
when it was made, its contents, how it is to be used, and how to use it
safely. Finally, the label might promote the product through attractive
graphics.
Labeling has been affected in recent times by unit pricing (stating the
price per unit of standard measure); open dating (stating the
expected shelf life of the product). The nutritional labeling (stating the
nutritional values in the product).
The nutritional labeling and Educational Act of 1990 requires sellers
to provide detailed nutritional information on food product, and recent
sweeping actions by the Food and Drug Administration regulate the
use of the health – related terms such as low-fat, light, and high-fiber.
Sellers must ensure that their labels contain all the required
information.
Super Fresh Soybean oil acquired 9002 ISO quality for maintaining,
quality for product which is mentioned in the label. Here also included
BSTI ceil. erning for that they also mentioned the mineral contents in
the label of bottle.
44
2.4.8 Packaging:
There are seven different shape of packaging in PET bottle in the
market. Packaging of all type of PET bottles are similar. They
packaged their oil so that consumer can easily carry the bottle and
that bottle must be attractive also. They have to consider social
welfare.
2.4.9 Pricing:
Price is the amount money customers have to pay to obtain the
product. Pricing strategies usually change as the product passes
through its life cycle. The introductory stage is especially challenging.
Companies bringing out a new product face the challenge of setting
prices for the first time. Meghna group of Industries arranged different
pricing method for different product. Such as:
Price List
The prices of Super Fresh mineral water determined by litter or the
size of the pet bottle. Here tow price lists for Super Fresh mineral
water and also the main competitor MUM has given below:
45
Price list of Super Fresh mineral water
Quantity Trade Price
(Taka)
M.R.P
(Taka)
3 liter 25.00 30.00
2 liter 15.00 20.00
1.5 liter 12.00 15.00
1 Liter 10.00 12.00
500 ml 7.50 10.00
250 ml 6.50 8.00
Discounts
Most companies adjust their basic price to reward customers for
certain responses, such as early payment of bills, volume purchases,
and off-season buying. These price adjustments called discounts and
allowances.
A quantity discount is a price reduction to buyers who buy large
volumes that sometimes provided by Meghna Group. A typical
example that our company offer to the Departmental store that if they
order for 100 cartons of oil they will get 1 taka off for per Kg.
Discount provide an incentive to the customer to buy more from one
given seller, rather than from many different sources.
46
Super fresh mineral water is available in all higher class market in
Bangladesh also in other market where conscious people seek for
quality or 100% pure mineral water. Rather all these circumstances
our company is giving some attractive discount facilities.
2.4.10 These facilities are giving below:
1. One bottle is free for each case.
2. Where clients are more concuss about pricing they are given
pricing discounts not bottle.
3. Sometime company gives special discounts for big clients for
their large selling.
2.4.11 Payment period:
Payment period means the time company offering to its clients to pay
their dues. In this case Meghna group offering a large opportunity.
Payment period depends on the types, class, and quality of customer.
for small departmental store as Aftab Bazar, Pacific or Kena Kata in
the Dhaka city company offering maximum 21 credit days or 7 to 15
days, because their selling is slow and comparatively low. The
biggest departmental store is Agora and then Shop & Save or Mina
Bazar. They don’t require credit facility as they clear their payment on
time. Some problems create for small stores for dues clearing.
47
Monthly Sale of January 2010 to December 2010
MonthQuantity
January 180910
February 127537
March 110545
April 105250
May 103348
June 95322
July 91820
August 85688
September 84477
October 83583
November 82986
December 80576
For a Quick view one graphical chart is given bellow:
48
Competitive ANALYSIS:
Super Fresh mineral water has strong market share comparatively
with other mineral water. There are many brand mineral water
existing in the market. The main competitors are MUM, Pran, Aqua,
Jibon, spa etc. All has strong brand image by consumer especially
MUM mineral water has made separate brand image where other
could not. Pertex Group develops MUM mineral water which has also
an existing drink named RC. A small description of marketing
strength for all mineral water is described bellow :
MUM mineral water
This mineral water is the member of Partex group which has good
market share. They develop their promotional activities better than
others. They have little bit different brand image. Their advertising,
distribution channel, packaging all are different. They get also
government facility. Distributor price is also high than other mineral
water. But all stores have to buy MUM water only for consumer
demand.
49
Others
Pran, Aqua, Jibon, spa have also market demand which captured a
big market share. Beyond all this circumstances Super Fresh
mineral water gain maximum market share, because they develop
strong promotional activities, strong distribution channel. All
employees work for Meghna Group is very strong distribution
Channel. All employees work for Meghna Group are very much
hardlhood, collecting current market information, ability to achieve
target.
Current market average positions for reputed five companies are explained bellow by
chart ad graph:
Brand Name Market Share
Super Fresh 30
MUM 35
Pran 15
Aqua 10
Jibon 10
50
2.4.13 Promotion:
Promotion means activities that communicate the merits of the
product and persuade target customers to buy their products. This
company spends more money each year on advertising to tell
customers about the company and their different products.
Promotional activities are done by following means.
They conduct more promotion during summer and winter season
Although advertising is used most effectively by Meghna Group of
Industry. MGI is very much concern about advertising activities.
Marketing management must make four important decisions when
developing an advertising program:
Setting Advertising Objectives,
Setting advertising budget
Developing advertising strategy
Evaluating advertising campaigns
Maximum Bangladeshi channel at TV as BTV, “Channel i”, ATN
Bangla and also NTV are advertising our product. Todays market is
consumer oriented market If those channel makes good impress
customer about product then customer will seek Fresh product
themselve.
Posturing is a good advertising process because it can add in any
place and people watch it when they are outside. In this case Meghna
grou applis colored posture and also attractive sticker for Super Fresh
mineral water.
51
Directly personal selling is not possible for the employee of Meghna
Group. This company has a strong field force and every employ has a
specific area where they distribute product. So they can show these
selling as personal selling. Different area varies the quantity of one
person’s personal selling. Because all areas distribution channel,
purchasing capability of consumer, distribution channel are not same.
2.4.14 Sales promotion:
Sales promotion consists of short-term incentives to encourage
purchase or sales of a product or service. Whereas advertising and
personal selling offer reasons to buy a product or services, sales
promotion offers reasons to buy now.
Example of sales promotions are found everywhere. Many
departmental stores give many attractive offers to purchase Fresh
Atta or Maida in many Daaily newspapers. Also they advertise their
sales promotional program in many TV channels. Sales promotional
tools are used by most organizations, including manufacturers,
distributors, retailers, trade associations, and non-profit institutions.
Our company targeted toward final buyers (consumer promotions),
retailers and wholesalers (trade promotions). Today, in the average
consumer packaged-goods company, sales promotion accounts for
76 percent of all marketing expenditures.
52
2.4.15 Public relation:
Another major mass-promotion tool is public relation-building good
relations with he company’s various publics by obtaining favorable
publicity, building up a good corporate image, and handing or
heading off unfavorable rumors, stories, and events. Meghna group
perform some activities for developing public relation. These are
given below:
Press relations or press agentry: Creating and placing news
worth information, the news media to attract attention to a
person, product, or service.
Product publicity : Publicizing specific products
Public affairs: Building and maintaining national or local
community relations.
Lobbying: Building and maintaining national or local
community relations.
Lobbying: Building and maintaining relations with
legislators and government officials to
influence legislation and regulation.
Investor relations: Maintaining relationships with
shareholders and others in the financial
community.
2.4.16 Place:
Place includes company activities that make the product available to
target customers. The head office of Meghna Group of Industries at
Senakalyan Bhaban,195 Motijheel C/A. We have two depots in
53
Dhaka city one at Dhanmondiand another one are at Gulshan.
Dhanmondi depot is the bigger. The main industry place on Meghna
ghate which has details explanation in the introduction of this report.
2.4.17 Channels: Producing a product or service and making it available to buyers requires building relationships not just with customers, but also with key suppliers and resellers in the company’s supply chain. Meghna group has also strong supply chain management, their supply chain include upstream and downstream partners, including suppliers, intermediaries and even intermediary’s customers. For distributing Super Fresh mineral water our company follows following supply chain:
54
Company
Depot Local distributor
Store / Departmental
store Final consumer
Company Depot Middleman Service Center
Final Consumer
2.5 Management Structure of United Mineral Water & PET Industries
Limited:
55
MD
Project Manager Sr. Manager Marketing
Engineering Production & Maintenance
Quality Controller
Sub Assist.Engineer
Store Deputy Executive
Sub AssistEngineer
Sub AssistEngineer
Sales Manager Brand Manager
DIV MGR
DIVMGR
DIVMGR
DIVMGR DIV
MGRDIVMGR
DIVMGR
SO/ASO/SR
SO/ASO/SR
SO/ASO/SR
SO/ASO/SR SO/AS
O/SRSO/ASO/SR
SO/ASO/SR
PART - iiiiii
Analytical issues, outcome of questionnaireAnalytical issues, outcome of questionnaire
AwarenessPercentage of Selling
Organization Name
Opinion of SFMW
Get Preference
Percentage of Selling of Each Size
Quantity of Demand Product
Damage Products Quantity
Recovering Damaged Product
Survey on Pricing from Sellers
Facilitates of Payment Period
Duration of Payment Period
Awareness about three purifies stages of SFMW
Free sample with SFMW
Profit from promotional activities
Product delivery
Schedule of visitingArea segmentation
56
3.1 Awareness:
Interpretation
It is found that 100% retail outlets are aware of Super Fresh mineral
water. Their impression about Super Fresh mineral water is also
satisfactory.
57
Findings and description of questionnaireFindings and description of questionnaire
3.2 Percentage of selling:
Mineral water Sales (Percentage)
MUM 35%
SFMW 30%
Others 35%
Interpretation
Maximum stores are selling mineral water. Because MUM get highest
preference, its sells is also high Second preference gets SFMW.
Other mineral water also has strong market.
58
3.3 Opinion of SFMW:
Outlets Retails Opining
(Percentage)
Satisfied 90%
Dissatisfied 10%
Interpretation
It is shown that maximum realties and sellers are satisfied with super
Fresh mineral water and their sum is 90%. Except them 10% sellers
are dissatisfied with product for many reasons like price, distribution
problems or size of pet bottles.
59
3.4 what quantities productt get highest preference:
Quantities of Pet
Bottle
Percentage
250 ml Nil
500 ml 100%
1 Lr 70%
1.5 100%
2 Lr 55%
3 Lr 20%
Interpretation
It is found that all sizes of per bottles have not equal demand. One
size of pet bottle may have highest preference in one place and other
size get low preference. Even same pet bottle has too demand in one
selling area but it gets lower preference in other area. In the
observation it had come out that 500 ml get equal demand in all
selling points.
60
3.5 Percentage of selling of each size:
Quantities of Pet
bottle
Percentage
250 ml Nil
500 ml 100%
1 Lr. 70%
2 Lr 55%
3 Lr 20%
Interpretation
All realties agreed that they are selling the size of 500 ml highest.
Other size also has satisfactory selling.
61
3.6 Quantity of damaged product:
Interpretation
100% Fresh product is not possible to supply by a company. Meghan
Group always tries to supply damaged free product to customer
though it is not possible for all time. From the observation relaters
informal that they get 95% damaged freed product and for some
circumstance 5% they get damaged product.
3.7 Quantity of product becomes damaged in super store:
62
Interpretation
In Bangladesh Department or super Department store is a new
concept and they also acquired good market image. Popular
department store has few quantity of product become damaged like
3% or less.
3.8 Recov
ering damaged product:
Interpretation
Recovering damaged product quickly is not possible for all time. For
many reason it causes late. Company can recover 85% damaged
product. Other product could not possible to recover they return
those product and their quantities are 15%.
63
3.9 Survey on pricing from sellers:
Pricing Opinion (%)
High 10
Medium 75
Low 15
Interpretation
Many sellers are gave different opinion about pricing selection of
SFMW. One important issue has come out by asking them question
which has given in the cart & graph.
64
3.10 Facilities of payment period:
Interpretation
Meghna Group provides a lot of payment facilities to retailers. Maximum facilities are
given to demand stores average 55% relatives are getting payment facilities .45%
retailers are not given payment facilities becomes of their higher selling.
3.11 Awareness about three purifies stages of SFMW:
65
Interpretation
It was found those maximum retailers are not concern about purifying
strategy of SFMW. Some retirees are concerned that is purified well
but ignored about there stage. Maximum relatives relays seller
SFMW for its popularity.
3.12 Free sample with SFMW:
Area Duration of
payment
Getting free bottle 70%
Getting pricing
facility
30%
66
Interpretation
Except these surveys, many other surveys have also been included
in this report, many explanations and issues come out from
questionnaires that make the report important.
3.13 Profit from promotional activities:
Interpretation
Promotional activities mean advertising more or give some discount
for products. It has shown that profit comes for more selling.
Maximum time may departmental store arrange many promotional
activities for expansion their sells and publicity:
67
3.14 Product delivery:
Interpretation
Product delivery is a duty of Distributor Company also delivered
product when the amount is high. This company has goodwill that it
delivers product in time. If any distributor fails to gain duty he will
compensate for that.
3.15 Schedule of visiting:
Departmental StoreSchedule (Weekly)
Star kabab Daily
Sky touch
store
Daily
Sky hut Store Daily
Alamin store Daily
Others Daily
68
Interpretation
It is easy to say that management will be complex for big
departmental stores as Agora. That’s why suppliers have to come for
observing daily at working day.
3.16 Area segmentation for supplying the product
Departmental StoreSchedule (Weekly)
Sky touch store 2 days
Sky hut store 2 days
Alamin store 3 days
Chittagong Store 3 days
Jahanara store 2 days
Other stores or
bazaar
3 days
Interpretation
Local distributor also collect products from whole salers then they
supplied this products to the different store and market.
69
Our data which we collect by survey 100% may not correct for the
following reasons:
1. The sample size is only 10, which was not sufficient for survey.
2. Time is very limited and that was 3 weeks.
3. Customer may not give the proper information.
4. Survey result is limited to only the specific survey area.
70
Limitations of the survey Limitations of the survey
PART- iviv
Respondent Profile (Retailers)Respondent Profile (Retailers)
Survey Area
Types of the Shop
Volume of Purchase
Volume of Sales
Terms of Transaction
Distribution Systems of Mineral Water
Influential Factors For retailers regarding mineral water
Important Factors to increase the selling
Special probe on Super Fresh Mineral Water
71
4.1 Survey Area:
The survey has been done in –
Katasor
Mohamadpur
Dhanmondi
Zigatola
4.2 Types of the shop:
General Store
Department Store
4.3 Volume of Purchase:
Weekly volumes of purchases are shown in the following table:
Volume of
Purchase
Percentage (%) Cumulative (%)
1-3 dozen 4% 4%
4-7 dozen 40% 44%
8-12 dozen 36% 80%
13-36 dozen 20% 100%
Total 100%
72
Respondent Profile :( Retailers)Respondent Profile :( Retailers)
Volume of Sale
1-3 dozen
4-7 dozen
8-12 dozen
13-36 dozen
36- above
Table: weekly Volume of Purchase
As can be seen from the above table most of the retailers purchased
4-12 Dozen PET bottle per week.
4.4 Volume of sales:
The amount of mineral water which retailers purchase per week is mentioned brand
wisely in the table given bellow:
Volume of sales Percentage (%) Cumulative (%)
1-3 dozen 31% 31%
4-7 dozen 31% 62%
8-12 dozen 30% 92%
13-36 dozen 8% 100%
36-above 0%
Total 100%
Above table shows, most of the retailers 31(%) sale 1-12 dozen of
PET bottle per week.
73
4.5 Terms of Transaction:
Terms of
transaction
Percentage (%) Cumulative (%)
Cash 96% 96%
Partial Cash 4% 100%
Total 100%
According to 48 Retailers out of 50, 96% terms of transaction is
performed in cash and 2 Retailers mentioned that 4% terms of
transaction is performed in partial cash. So we can say that in
Retailers terms of transaction is performed in cash.
4.6 Distribution Systems of Mineral Water:
Fresh, MUM, Jibon carry out their distribution operation to the
Retailer outlets as companies’ sales force and distributors. These
intermediaries essential to establish as effective distribution system.
Super fresh mineral water carries out their distribution operation to
the Retail outlets as company’s sales force.
74
4.7 Influential Factors For retailers regarding mineral water:
Respondents were asked to rank the factors that influence them to
promote a particular product like water. This is shown in the following
table:
Influential Factors Percentage (%) Cumulative (%)
Customer demand 42% 42%
Commission 23% 65%
Gifts 8% 73%
Free packet 7% 80%
Credit Facility 20% 100%
Total 100%
Above table shows, the highest percentage ranked customer’s
demand as first among the influences.
That means they are looking for a pull and push strategy.
Producer Retailer Customer
75
Factors regarding oil
Customer demand
Commision
Gifts
Free packet
Credit Facility
Where the company should push the product through the marketing
channel to retailers and at a time they have to talk directly to the final
customer and rely on the customer to pull the product through the
retail shop. In this combination advertising can open doors for sales
people by preparing “Customers” advertisement can introduce the
company, the product and other influential variables.
4.8 Important Factors to increase the selling:
Retailers were asked to rank the factor that influences the consumer
to increase the selling rate of a particular brand.
Factors Percentage (%) Cumulative (%)
More Advertisement 30% 30%
Different gift items 15% 45%
Advance offer to
retailers
20% 65%
Reduced price 15% 80%
Quality product at
reasonable price
20% 100
Total 100%
Table: Volume of Sale
76
Volume of Sale
1-3 dozen
4-7 dozen
8-12 dozen
13-36 dozen
36- above
4.9 Special probe on Super Fresh Mineral Water:
The following graph shows the percentage of awareness, currently
tasted brand, best tasted brand, best packaging and favorite situation
of super fresh mineral water among the target audience compare to
the other brands.
4.10 Analysis the report:
Moreover after analysis the report found some obstructions of this
company. These are as follows:
Employees always survey the market and they inform the
difficulties that they found from market to the
77
Brand familiarity of Super Fresh Mineral Water
Awareness 20%
Tested brand 23%
Best tested brand 23%
Best packaging 24%
Favorite ad 10%
management. But it takes a long time to implement
action.
A lot of products get damage by distribution program
Replacement of those products also makes long time and
finally products become damaged.
Super Fresh mineral water is not available in far distance
from distribution point. So it remains out of market
segmentation.
Whenever products are sold out in some places,
sometimes it takes a long time to reach companies
product. At the interval other company’s products entered
and block the market.
Market place is large enough in Dhaka city but in contrast
field forces are not enough to cover distribution channel.
78
4.11 Recommendation:
Management of MGI always tried for their best to constantly increase
their market share. Though the company has strong distribution
channel to make products available but they have some limitation. So
to eliminate these shorts of troubles, they should take some actions.
At first Meghna Group of Industries should provide proper
training to the sales person. The sales person should faster to
complete his job.
Meghna Group of Industries should be maintain and developing
their distributing system. After receiving any information the
difficulties, they should take action immediately.
Meghna Group of Industries should be more concentrate on
replacing damaged products.
Meghna Group of Industries also should be more concentrate on
all distribution point. Super Fresh Mineral water (SFMW) has
excellent market demand but if it is not available customers
may switch to another brand.
MGI should enhance their advertisement.
The bottle outline of Super Fresh Mineral water (SFMW) is not so
eye-catching than others. So modification may be required.
79
4.12 Conclusion:
Meghna Group of Industry has a bright future to becoming number
one Industry in Bangladesh. They providing various consuming
produc for the customer. Fress mineral water is usefull for the all
classes of the customers. Employee of this company have greater
efficiency in making goods available to target markets. Through their
experience, specialization and scale of operation, Intermediates
usually offer the firm more than it can achieve on its own.
Management always tried for their best to constantly increase their
market share. The company has strong distribution channel to make
products available. Field force is alert enough to find out the lack of
market. This report gave me practical knowledge about how products
reached to final consumer through many channels. I have achived
authentic marketing srtatigies of a company after findings
questionnaire and literature reviewing.
80
2 Lr. 3 Lr. All
3 Lr All
Questionnaire: for Problem and prospect of Super Fresh mineralQuestionnaire: for Problem and prospect of Super Fresh mineral
water.water.
About product
1. Do you aware about SFMW?
Yes
No.
2. Which mineral water are you selling more?
SFMW
MUM
Pran
Aqua
Jibon
3. Do you get any complain about SFMW?
Yes.
No.
4. What quantities of product are you selling?
250 ml.
500 ml.
1 Lr.
5. Which quantities of product are you selling more?
250 ml
500 ml
1 Lr.
6. Are you getting any damaged product from your supplier?
Yes
No.
81
7. Is any product become damaged in your store?
Yes
No.
Less
More
8. Are your suppliers recovering your damaged product?
Yes,
No,
About Price
9. How is the price of SFMW?
High
Medium
Low
10. Are you getting any facility for payment period?
Yes.
No.
11. What is the duration of these Periods?
7 Days.
15 Days n
21 Days
More
12. Are you getting any credit facility?
If you how many days? Please specify.
82
13. Are you getting any offer for per case?
Yes
No.
14. Do you know SFMW is refined by 3 stages or ways?
Yes
No.
15. Are you giving any free product/sample with SFMW?
Yes
No.
About Promotion
16. Are you showing your promotional activities in TV
channels/News papers?
Yes
No.
83
17. Have you got profit or increase selling by giving these
packages?
Yes
No.
About place
18. Are your suppliers supplying SFMW regularly?
Yes
No.
19. Monthly how many suppliers are visiting in your store?
Weekly 2 days
Weekly 1 day
More
20. From where they are supplying your product?
Dhanmondi Depot,
Gulshan Depot,
Local Distributor
21. Are you using your own transportation to collect your
product?
Yes
No.
84
1. Principals of Marketing
- Philip Kotler & Gary Armstrong
2. Marketing Research
- Naresh k malhotra
3. website of Meghna Group
4. Company prospectus
85
BibliographyBibliography