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INDEX
2. COMPANY PROFILE 5
5. FORMS OF ORGANIZATION 9
6. LOCATION 10
2
HIGHLIGHT OF THE COMPANY
NAME OF THE COMPANY:
RADHE KRUSHNA COTTON GINNING AND PRESSING PVT. LTD
DIRECTOR:
Mr. Chandreshbhai Jogi
Mr. Dilip Sakhiya
GROUP:
RADHE KRUSHNA
DATE OF ESTABLISHMENT:
6th January, 2006
REGISTER OFFICE:
Gondal-Virpur High Way,
N.H 8B, Gomta,
Dist. Rajkot
3
FACTORY LOCATION:
Same as above
PHONE NO. :
9824543443
FAX NO. :
02825-294999
E-MAIL ADDRESS:
Sr.gp12@yahoo.com
BANK:
Dena bank, Gondal
4
COMPANY PROFILE
RADHE KRUSHNA COTTON GINNING AND PRESSING PRIVATE
LIMITED is incorporated on 6th January at Gondal-Virpur High Way, N.H. 8B,
Gomta, District Rajkot with main object to deal in cotton seed oil cakes, cotton
seed oil extraction mill as well as dealing in cotton seeds, cotton import and export
of the same. The company was formed by well experience promoter engaged in the
business of ginning and pressing since last 20 years. As a matter of forward
integration of ginning and pressing to think beyond that company has proposed to
set up cotton seeds oil extraction plant (i.e. oil mill) with oil cake production of
115 MTPD and cotton seed oil of 15 MTPD. 50% of the production capacity in 1 st
phase expecting to come in commercial production by end of December 2012 and
as well as either spinning mill in future. In short we are proposed to setup fully
integrated cotton unit from raw cotton to cotton in near future.
We do believe that, those who can furnish clients with the best quality,
competitive price and excellent customer services and prompt delivery can only
survive in the market. To do these we are propose to set fully integrated cotton
product.
5
HISTORY AND DEVELOPMENT
Mr. CHANDRESHBHAI JOGI is the founder of the company and
RADHE KRUSHNA COTTON GINNING AND PRESSING PVT. LTD. is a 12
year old business company in Gujarat and the name is well known for quality
among the consumers. The company was started in 2006 with a vision to be a best
manufacturer of cotton for global buyers at competitive prices. Today RKCG have
developed an enviable reputation not in Gujarat but also in India and have
positioned over selves, well deservingly, as one of Gujarat’s leading cotton
company.
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TMS APPROVED FACTORIES. Consequently, we are fully equipped WITH
GOOD DISPATCH FACILITIES to meet the tight shipping schedule of our
valuable buyers. The improvement of the grade of cotton, controlled
contamination, better packing material, 100% bale by bale test result, has not only
given tremendous boost to our BUYERS NATIONWIDE, but has increased the
value of our buyers NATIONWIDE.
7
SIZE OF THE UNIT
According to the definition given by government of India, the size of a firm can be
divided into following categories:
8
FORMS OF ORGANIZATION
On the basis of owner, ownership, a firm can be divided into following once:
Sole partnership
Partnership
Co-operative organization
9
LOCATION
When a business unit is expanding or when a new industry is to be
established the main decision to be taken is about location of the industry. Location
of the plant is a vital factor deciding the profitability of company. There are many
factors which are to be in mind while selection of the plant. It includes both
internal and external factors. Even if promoters have best ability to invest and
effective managerial skills but if does not take care of location, it will decline
prosperity of the company.
10
MISSION AND VISION
Mission is type of object to complete the object in future is main mission of the
company that’s why they do efforts on that.
Every company have mission and vision, the main mission of the every company is
to maximize the profits, maintain good quality, cope up with competitors etc.
11
12
INDEX
1. INTRODUCTION 14
2. ORGANIZATION STRUCTURE 15
3. MARKETING MIX 16
4. PRODUCT MIX 19
5. PRICE MIX 31
6. PLACE MIX 36
7. PROMOTION MIX 44
8. MARKETING RESEARCH 52
9. COMPETITORS 53
13
INTRODUCTION
Marketing management today is the subject of interest in all types of organization,
within and outside the business sector and in countries throughout the world.
- Phillip kotler
14
ORGANIZATION STRUCTURE
MARKETING
DEPARTMENT
MARKETING
MANAGER
SUPERVISOR
HELPING AND
ASSISTANT
STAFF
WORKERS
15
MARKETING
MIX
16
INTRODUCTION
Marketing mix is the bridge that diminishes the gap between the product and
consumers without marketing all production activities would be fulfill. Therefore
more production is not enough. It is equally important to make the consumer aware
of the goods produced. The view and ideas of the consumers are taken into and the
product is to be changed according to the consumer’s needs. Thus the sum total of
all the activities undertaken to satisfy the consumer wants and demands constitutes
the activities of marketing.
Marketing is comprehensive firm and it includes all resources and a set of activities
necessary to direct and facilities to direct the flow of goods and services from
product to utility of consumers in the process of distributing. In other words,
marketing comprises of all the activities involved in the determination and
satisfaction of consumers needs at a profit. Thus marketing encompasses all
activities of exchange conducted by producers and middleman in commerce for the
purpose of satisfying consumer demand.
They are coordinated into a single management program to reach a particular target
or market segment is formulated. The combination of these marketing methods or
devices is known as the “marketing mix”. Thus marketing mix is the set of
marketing goals that the firm used to pursue its marketing objectives in mix goals
can be classified as under. They are
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PRODUCT MIX
Product variety
Product mix
dimension
Product Design
Product colour
Product Features
PROMOTION PRICE MIX
p
MIX
Price List
productpp
Sales Promotion
Pricing Decision
p
MARKETING
Advertising
Price Objectives
MIX
Sales Force
Pricing Methods
Public Relation
Pricing Policy
Direct Marketing
PLACE MIX
Channels
Coverage
Location
Inventory
Transportation
18
PRODUCT
MIX
19
INTRODUCTION
According to PHILIP KOTLER :
According to EDLERSON :
There are 5 levels of the product which marketer must take into consideration.
Product is the pivot around which all the marketing selectivity revolve, without
product all the marketing activities becomes useless. People satisfy their needs and
wants with products. Product can be defined proudly to cover anything that can be
offered brings to someone to satisfy a need or want normally, the word product
brings to mind a physical object such as an automobile, a television or a soft drink.
We normally use the expression “product and services” but in thinking about
products, their importance lays not so much in owning them as in using them to
satisfy our wants.
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“A product is a bundle of physical services and symbolic particulars
expected to yield satisfaction or benefit to the buyers.”
- Philip Kotler
Manufacturers get into a lot of trouble by paying more attention to their physical
product then to the services produced by these products. The marketer’s job is to
sell the benefits or services built into physical products rather than just describe
their physical features.
Product mix is the set of all the product line and items that a particular seller offers
for sale to buyer. The product mix covers the following points.
21
1. PRODUCT VARIETY:
2. PRODUCT DESIGN :
Reflect the outlook of the product. Design reflects the features of the product
which make it different from other products. Designing a product is a
specialist job. Various aspects of the product are to be kept in mind while
designing a product. These may include product differentiation, features,
characteristics, performance, durability, reparability, style etc.
Design is the interacting force with all the features as its parameters. The
design has also to keep in mind the capital allocated to designing from the
companies point of view, a well designed product would be pleasant in look
at easy to open, install learn how to use repair and dispose etc. The designer
has to take all target market and weights the different benefits and costs.
22
3. PRODUCT FEATURES :
Thus features are the biggest competitive goals in the hands of companies,
features make one company’s product supplier to other companies producing
similar product.
4. BRAND NAME :
Brand name refers to that name through which the products of that company
are recognized. Brand name can be name, term, sign, symbol or design or a
combination of them, intended to identify the goods or services of one seller
or a group of sellers and to differentiate them from those of competitors.
23
sold, or it may be a different as the better known the brand name, the higher
will be the sales.
A powerful brand name is said to have consumer franchise. This is evident
when a sufficient number of customer demand that brand and refuse
substitute even if the price is somewhat lower. Today, branch name is such a
strong force that hardly anything goes understand.
Farms Hilt provides high quality services for performing their lowering
services. For e.g. the manufacturers could make an arrangement with
distributors and dealers to provide these services. Thus the customer’s
durable market is highly competitive in terms of after sales services.
24
6. WARRANTIES :
The company can promote sales by adding a free warranty offer or service
contract. Instead of changing for the warranty or services contract it offers it
free or at a reduced price if the customers but that product. Thus, warranty
forms an important part of customer durables customers always except a
longer period of warranty. But the cost burden on the company is very high
and the company has to perform cost benefit analysis while deciding the
period and scope of warranty only that policy should be selected where the
benefits cut run the costs. But it is very difficult to calculate and maintain
balance by cost and benefits.
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26
27
28
PRODUCT PLANNING :
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PRODUCT PACKAGING
IMPORTED :
It protects the commodity from loss and damages in a quality.
It keep contain pure and clean.
It reduces chances of brokerage in transfer.
Packaging helps branding and advertising and point of purchase
display.
30
PRICE MIX
31
INTRODUCTION
Price is the only element of marketing mix that produces revenue. All the other
elements that is product, place and production procedure etc. pricing composition
is the first problem facing the marketing executive.
All profit organization and many nonprofit organization set their prices and
product and service. Though most of history price were set by buyers and sellers
negotiating with each other sellers would also for higher prices then they expect to
receive and the buyers would offer less than their expect to pay. Through
bargaining they would arrive at an acceptable price. Setting one price for all buyers
is relatively a modern idea.
“Price is the only element of marketing mix that producers revenue, all
the other elements i.e. product, place and promotion products cost”.
- Philip Kotler
In spite of the high degree of importance given to the price mix and the fact that
the price mix is only revenue earning element, most companies do not handle
pricing well price is set independent of rest of the marketing mix rather than as an
interstice element of market positioning strategic and price is not valid enough for
different products items and market segments.
Companies handle pricing in a variety of ways. In small companies prices are often
set by the top management rather than by the marketing or sales department.
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THE PRICING OBJECTIVE
The objectives of pricing are as under:
1. GROWTH IN SALES :
A low price can achieve the objective of increasing sales volume. A low
price is not always necessary. A right price can also increase sales volume
competitive price if used wisely, can secure faster increase in sales than any
other marketing weapon.
2. MARKET SHARE :
Price is typically one of those factors that carry the heaviest responsibility
for improving or maintaining market share a sensitive indicator of customer
& trade acceptance.
33
5. CONTROL CASH FLOW :
The principal pricing objective is to return cash as much as possible with in
the given period. Investment in research & development, market
development, promotion etc. should pay back within a specified period.
Capital expenditure on any project must be recovered within a certain
period pay back or cash flow objectives fits in easily with other corporate
objectives.
a) PRICING :
b) DISCOUNTS :
The term discounts means a deduction from the nominal value or price or
amount of the product. In other words, discount is the amount, which is
taken off the full price of the product. Most companies modify their basic
price to reward the customer from such acts as early permanent, volume
purchases and off-season buying.
34
These price adjustments are called discounts. Discounts are very popular
tool in the hands of top level management to increase their sales. The
companies make efficient use of this tool to expand their market. Discount
being a reduction in the original price of the product are relatively cheap
from of attracting new customers and sustaining old owned.
c) CREDIT TERMS :
Credit term refers to the rules and regulations in the form of an agreement
between the producer and the customer in relation to the credit facility which
the producer gives to their customers. In other word credit terms are the
terms and conditions which are mutually agreed upon by the customers and
producers and relates to the benefits which each will provide to other party.
35
PLACE MIX
36
INTRODUCTION
More production of commodity is not enough but is must reach to the right man at
the right time and at the right price. In marketing point of view place mist strategy
is the second important element of the marketing mix. This is the forth important
point of the marketing mix i.e. place mix it gives place utility to the function. A
proper channel of distribution should be selected so that product of the company
can easily reach into the hands of its final consumer. Of course the selection of
channel of distribution depends on the nature of product, financial resources,
business transaction etc. but it must be selected in combination with other element
of marketing mix.
The place mix also include physical distribution i.e. through which way the
product should be send to the market place e.g. through road transport, air
transport, rail transport or water transport should also to decide about the
warehousing facility where they can store the inventory.
Thus the place mix includes all the aspects of storing & dispatching the product in
the market so that the final consumers can get the product easily.
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DISTRIBUTION OF CHANNEL
In the field of marketing, channels of distribution indicate routes or pathways
through which goods and services flow, or move from producers to consumers.
The route of channel includes both the manufacturer and the ultimate
consumers well as all intermediates by one or more of the marketing flows,
such as transfer of title or ownership, physical movement of merchandise,
transmission of marketing information and the flow of money in the form of
payment of prices and other ones.
38
VARIOUS CHANNEL OF DISTRIBUTIONS
The most common routs or channels used for bringing the products in the market
from producers to consumers are as follow.
39
1. DIRECT CHANNEL :
It is the shortest channel through which transfer of goods take place. It is
also called zero level channels because there is no middleman with direct
channel.
40
1. CHANNEL OF DISTRIBUTION :
Channel of distribution is the best of marketing institution participating in
the marketing activities involved in the movement or the flow of goods or
services from the primary producers to the ultimate consumers. In the field
of marketing the channel of distribution indicates roots on path way through
which goods and services flow or move from producer to consumers.
2. PHYSICAL DISTRIBUTION :
Physical distribution consists of those marketing activities related to the
physical handling of goods such as protective packaging, order processing,
inventory management, transportation and warehousing.
41
SELECTION OF CHANNEL
The problem of selection the best distribution channel is the most complex one.
There are many factors affecting the channel choice as like natures of the product
marketing environment etc. these all are the very important factors or determinants
of the distribution channel. Every marketer has to consider all these factors at the
time of selection the distribution channel while selecting the channel member.
“RADHE KRUSHNA COMPANY” takes the following factors into consideration.
1. FINANCIAL CONDITION:
Before appointing a dealers or agents or retailers “RADHE KRUSHNA
COTTON GINNING AND PRESSING PVT LTD”, Finds out the financial
condition. If the financial condition is sound then RADHE KRUSHNA
COTTON GINNING AND PRESSING PVT. LTD. Looks other aspects
also.
2. LOCATION :
Location is the most important for wide market coverage RADHE
KRUSHNA PVY. LTD. Industry is mostly located nearer to the
competitor’s showroom and in the centre of the city.
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3. REPUTATION IN THE MARKET :
This is considered as the “GOODWILL” of any dealer agent or retailer of
RADHE KRUSHNA COTTON GINNING AND PRESSING PVT LTD and
also RADHE KRUSHNA COMPANY takes care to select the candidate
who has some reputation in market.
43
PROMOTION
MIX
44
INTRODUCTION
Promotion has three specific purposes. It communicates marketing information to
consumers, users and resellers. It is not enough to communicate ideas. Promotion
persuades and convinces the buyer and influences his/her behavior to take the
desired action. Promotional efforts act as powerful tools of competition providing
the cutting edge of its entire marketing programmed.
- Philip Kotler
Modern marketing causes for more than developing a good product providing
attractively and making it accusable to target customers, company must also
communicate with their present and potential customers.
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PERSONAL SELLING
Personal selling refers to oral presentation in conversation with one or more
prospective customer for purpose of making sales. No other tool of promotion is as
strong as personal selling.
Personal selling is highly distinctive and the only form of promotion involving
face-to-face relationship or inter personal interaction or communication between a
sales person & one or more prospective customers. It should be noted that personal
selling two-way rather than one-way.
DEFINITION:
“Personal selling is ability to pursued people to buy goods & services at a profit to
the seller & with benefit to buyer. It is ability to induce other to accept at a fair
price.”
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FEATURES OF PERSONAL SELLING:
It is the most complicated & difficult task with compare to other medium.
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ADVERTISEMENT
Now a day’s marketing plays an important role for the entire organization.
Marketing is very much important for all the products as without marketing the
consumer will have lack of information about the products. Thus to make the
consumers aware of product marketing is done.
It is paid for by a sponsor (sellers) who wants to communicate about his product or
services to his customer. The sponsor wants to persuade and include the readers,
viewers or listeners to take some action viz. we should buy the advertised product
so that the advertisers should have maximum sales.
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THE 5 M’s OF ADVERTISING:
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1. MISSION:
- Objective of advertising
2. MONEY :
- Factors to be considered
- Competitions clutter
- Advertisement frequency
- Product substitutability
- Market share and consumer bases
3. MESSAGE :
- Message Evaluation and Selection
- Message Exertion
- Social Responsibility Review
- Message Generation
4. MEDIA :
- Major media types
- Specific media venires
- Geographical media allocation
5. MEASUREMENT :
- Sales impact
- Communication impact
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MEDIA OF
ADVERTISING
A. D.
C. Direct
PRINT B. BROAD E. F. OTHER
mail
MEDIA OUTDOOR CAST TRANSIST FORM
news MEDIA MEDIA
railways window
paper poster radio display
hoarding circular television point of
sky ads sales purchase
letter material
price list
catalogues/
pamplets
other
direct
mail
51
MARKETING RESEARCH
Market research is one of the most important parts of the marketing management.
Market means actual and potential customer market research is the systematic and
intelligent investigation or study of who, what, where, when, why and how of
actual and potential buyer. If deals with research on customer demand e.g.
behavior and attitudes of customers and dealers at the market place, analysis of
sales data, analysis of market share of firm etc.
The following items of study and analysis are included in market research:
52
COMPETITORS
Today world in competition is come in every field in business world; competition
is increasing day to day. Without competition business is so uninterested &
undeveloped because competition teaches to accept the new challenges in business
& a businessman can learn this from competitive market.
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SALES PROMOTION
This is one of the constituent of promotion news. This is concerned with extra
efforts for increasing sales. Today, sales promotion is necessary and not merely a
luxury or fashion. It is not expenditure; it is an investment, which can pay rich
dividend. This is one of the constituents or promotion mix, which is concerned
with extra efforts for increasing sales.
1. TRADE PROMOTIONS:
E.g. buying allowances, free goods, machinery allowances, cooperative
advertising, push money dealers sales contents.
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LAST FIVE YEAR DATA
55
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SWOT ANALYSIS
The overall evaluation of the company’s strengths, weaknesses, opportunities and
threats is called SWOT analysis. It is a way of monitoring the external and internal
marketing environment.
“After gaining an entry in the customers’ home, marketers aim for a space in the
customers’ heart too.”
S = Strength
W = Weakness
O = Opportunity
T = Threat
1. Strength:-
Qualitative staff and workers
Law shortage of staff
Time keeping
Employee services
57
2. Weakness:-
Old machinery
No exporting
Not created a website
3. Opportunities:-
national market
Better financial procurement
Advertisement in machines and thus increasing production
Give a vehicle service to employee
4. Threats:-
Competitors
Government policies
Monsoon / floods
58
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FUTURE PLANS
Established business develops every year. RADHE KRUSHNA COTTON
GINNING AND PRESSING PVT LTD. has determined certain goals to achieve.
The firm wants to widen its market at national. Any successful units always have
its future plans. RADHE KRUSHNA GROUP also has various future plans. They
are as follows:
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61
SUGGESTION
My suggestions for the improvement of the company are:
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BIBLIOGRAPHY
For preparing this industrial training report on RADHE KRUSHNA COTTON
GINNING AND PRESSING OVT. LTD for different departments, I have taken
information from the following references:
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