Professional Documents
Culture Documents
PROJECT REPORT
ON
SUBMITTED BY
GAURAV S. TIWARI.
GUIDED BY
Devendra Ramteke Mrs.Smita Landge.
DSP Head Head of
Asst Manager, RMD. Training and Placement,
NAGPUR. Department.
Dr.Mrs.PALLAVI.N.MANDAOGADE.
DIRECTOR OF GBS,
AMRAVATI.
Declaration
I, hereby declare that this SIP report carried out by Mr.
Team Leader Amit Lambat. This report neither full nor in part has
been
university.
Place: Amravati Mr. GAURAV S
TIWARI.
Date: 31/8/2009 MBA IInd Sem.
GBS, IUV, Amravati.
ACKNOWLEDGEMENT
There are a few things that come in the life of a person, may be
for a short span of time, but leaves on ever shining impression in
to the mind. My SIP project is one of the events which will be ever
green in my life.
As I have made this Project Report on “Direct Marketing & Sales
Promotion of Times of India” at nagpur I shared the real
marketing skills and knowledge from their experienced,
enthusiastic and cordial executives, without whom I would have
not been able to achieve my aim.
First of all I would like to express my thanks to faculty guide
Mrs.Smita Landge, for suggesting me how to do the SIP, for
sharing valuable experience and suggestions regarding
preparation of report.
I also owe sincere gratitude to my family members whose love,
affection, co-operation and moral support have provided me the
strength to carry out this project
CHAPTER 3 OBJECTIVE
CHAPTER 5 STRETEGY
COMPANY.
CHAPTER I:
COMPANY PROFILE
1.3 Products
1.6 Competitors
1. COMPANY PROFILE
The “Times of India”, one of the oldest surviving newspapers, has always been
committed to the goals of upholding and strengthening quality and objective
journalism in respect of both news and advertising and continually achieving
higher standards of journalistic performance in increasingly competitive
surroundings.
The Times of India was founded on November 3, 1838 as The Bombay Times
and Journal of Commerce, and served the British colonists of western India. It
adopted its present name in 1861. Published every Saturday and Wednesday,
The Bombay Times and Journal of Commerce were launched as a bi-weekly
edition. It contained news from Europe, the Americas, and the Subcontinent,
and was conveyed between India and Europe via regular steamships. The daily
editions of the paper were started from 1850 and by 1861, the Bombay Times
was renamed The Times of India. In the 19th century this newspaper company
employed more than 800 people and had a sizable circulation in India and
Europe. Originally British-owned and controlled, its last British editor was Ivor
S. Jehu, who resigned the editorship in 1950. It was after India's Independence
that the ownership of the paper passed on to the then famous industrial family
of Dalmiyas and later it was taken over by Sahu Shanti Prasad Jain of the Sahu
Jain group from Bijnore, UP.
The Times of India is published by a media group Bennett, Coleman & Co.
Ltd. This company, along with its other group companies, known as The Times
Group, also publishes The Economic Times, Mumbai Mirror, the Navbharat
Times (a Hindi-language daily broadsheet), the Maharashtra Times (a Marathi-
language daily broadsheet).
BENNETT, COLEMAN & CO.
Bennett, Coleman & Co. Ltd., better known as the publisher of English
daily The Times of India, is India’s largest media group. Bennett,
Coleman & Co. Ltd. is the flagship company of The Times Group.
The Times of India, founded on November 3rd 1838, is one of the oldest
surviving major newspapers of Indian nationalism. Times of India, one of the
leading daily newspapers, owned and managed by Bennett, Coleman & Co.
Ltd often referred to as The Times Group. The Times Group, which is a family
business, is tightly controlled by Indu Jain & her sons, Samir Jain & Vineet
Jain. The Times of India is independent editorial stand and its reliable,
authentic and credible reporting has won the serious attention and regard of the
people in India and abroad. The Times of India today enjoys the loyalty of over
7.4 million keen readers. Keeping people well informed, not misinformed and
trying to figure out facts, not disfigure them, has always been the motto of The
Times of India. In a world where such values seem to be vanishing, The Times
of India always represented the highest standards of journalism. The design of
the crest of The Times of India is intended to symbolize Indian nationalism,
which it seeks to reflect in every aspect of its existence. The Times of India has
tried to differentiate its product by coming out with informative supplements
on all the days of the week. This has helped it to withstand the tough
competition existing in the newspaper industry.
The Times of India was criticized for a longtime for not covering local news
and events in adequate detail at Nagpur city. To overcome this criticism, The
Times of India launched Nagpur Edition including Nagpur Times on
November 15th, 2006. Due to The Nagpur Times, TOI covers large area of
customers within a less span of time. There is another thing of increase in sales
of TOI in Nagpur city is the very exciting subscription offer of 12 months.
1.1. HISTORY OF THE TIMES GROUP
The first edition of The Bombay Times and Journal of Commerce, later to be
called The Times of India, was launched in Bombay in 1838. After several
years of change, evolution and growth in the paper's character, Bennett,
Coleman & Co. Ltd (the proprietors of The Times of India Group) was
established with the principal objective of publishing newspapers, journals,
magazines and books.
1.2. PRODUCT:
Today The Times of India Group has emerged as multi-edition, multi-product
organization, and a clear leader in the segment it operates. Some of the brands
owned by the Bennett, Coleman & Co. Ltd. are The Times of India, The
Economic Times, Femina, Filmfare, Navbharat Times, Sandhya Times and
Times FM.
FEMINA
The up market magazine for
the woman of substance.
Femina seeks to cater to the
tastes and preferences of the
modern Indian woman.
Femina also organises and
sponsors the Miss India and Look of the Year beauty
pageants annually. The winners of these contests go
on to represent India in the Miss Universe, Miss
World and the International Look of the Year contests.
FILMFARE
It’s a film magazine that has evolved as an
entertainment medium, itself covering the entire
gamut of show biz. Every month the colourful and
informative guide features Indian movies, music,
serials, soaps, Hollywood films and lots more.
Filmfare also sponsors the annual Filmfare Awards
for excellence in Indian cinema.
NAVBHARAT TIMES
The leading national Hindi daily, undoubtedly the
most influential opinion maker in the central
heartland. The voice of resurgent India, Navbharat
Times has the ability to gauge the social, political
and intellectual needs of its audience and is
attuned to India's mainstream hopes and
aspirations. Navbharat Times is published from
Delhi and Mumbai.
SANDHYA TIMES
A Hindi language evening daily offering a host of
information on day-to-day events.
TIMES FM
Times FM, the private FM
music channel has
resurrected radio in India and
has acquired an unparalleled
equity with the discerning listeners of the country.
They, in turn have reciprocated to the innovative programming with
unflinching loyalty. Times FM is the biggest broadcaster on the FM Channel in
5 cities i.e. Mumbai, Delhi, Madras, Calcutta and Goa. Presently the channel
enjoys a total listenership of over 7 million.
TIMES NOW
PEOPLE
T. J. Bennett
Jaideep Bose, executive editor from 2005
Samir Jain, vice chairman
Vineet Jain, managing director
Indu Jain, chairman
Arun Ahuja, president
Jug Suraiya (associate editor, columnist, "Jugular Vein," cartoonist,
"Dubyaman II")
Swaminathan Aiyar (columnist, "Swaminomics")
Rashmee Roshan Lal (columnist, "View from London")
Chidananda Rajghatta[2]
Ajit Ninan ("Just Like That" editorial cartoon)
R. K. Laxman ("You Said It" editorial cartoon, featuring the famous
Common Man)
TOI is the newspaper which is at the 1st position for accomplishing the needs of
all types of consumer. TOI is having the utility according to Students point of
view, corporate person’s point of view, Employment point of view etc.
Utility of the product according to student point of view: TOI fulfilling the
needs of the students by providing the supplement like Education Times.
The Times of India founded on 1838, has recommitted itself to its larger
societal and public service mission. Within that framework, it has set itself the
goals of upholding and strengthening quality and objective journalism in
respect of both news and opinion, and continually achieving higher standards
of journalistic performance in an increasingly competitive milieu. The long-
term strengths of this newspaper have been independence, seriousness,
newsiness, credibility, fairness, balance, and critical spirit. It has become clear
to large numbers of readers as well as to those within the organization who
bear responsibility for the newspaper’s future that these traits needed
replenishment and reinforcement. In consequence, The Times of India has
recently undertaken a restructuring reorientation of its editorial operations,
indeed a correction of course.
However, the intensifying competition within the press and from the other
news media, above all television, and other kinds of economic and political
pressures and creeping corruption are deeply worrying tendencies. The only
answer to all this, believes The Times of India, can be journalism of highly
quality, rooted in well-defined principles, clear-sighted, ethically and
professionally sound, determined to put editorial values first, responsive to the
needs of readers and the market within clearly worked out journalistic
parameters, willing to transform its methods and practices to take full
advantage of changing technology and times.
The Times of India is also convinced that such journalism cannot flourish by
itself. It must go hand in hand with good, state-of-the-art business practice,
which bases its long-term strategy on a balanced appreciation of the
fundamentals and core values of journalism and the evolving needs of a
dynamic society.
Convergence and the arrival of online journalism and generally the ‘new
media’ (defined as digital, interactive, and multimedia) are expected to
revolutionize the field of journalism, although the direct impact thus far has
been less than predicted. Newspaper journalism as well as the business side of
news operations must grasp the opportunities with both hands and ensure that
the online product is at least as good as the hard copy. The Times of India
believes that the capability to select, to distinguish between the important and
the unimportant, the significant and trivial, to interpret and place in context
news and public affairs information, and to do all this to a rigorous deadline
will win out in the new media.
The Times of India is one and only company which is focusing on Customer
Relationship Management (CRM). By arranging Customer Loyalty Programs
the Times of India is achieving the peak of creditworthiness, customer loyalty
as well as its making very good reputation in the mind of society.
The pattern of news of the Times of India is in such a manner that it is suitable
from kids, teenagers to housewives and senior persons in the family. By
making such pattern Times of India has make a soft corner in the compassion
of all peoples.
The Times of India always first for launching promotional activities, only
reason is that peoples from lower class to upper class should enjoy the facility
and brand name.
The Times of India is also well-known for giving information about business
news, Legal coverage, Education & carrier, Sports, Investment,
Comprehensive National and Global coverage etc.
1.6. COMPETITORS
In Nagpur city there is only Hitvada is main competitor of The Times of India,
Hitvada enjoyed the monopoly since from last few decades but after 15th
November 2006, when TOI was launched its Nagpur edition in city TOI
becomes No.1 in Nagpur city.
· The Hindu
· The Telegraph
· Deccan Chronicle
· The Economic Times
· The New Indian Express
· Mid-Day
· Deccan Herald
· Indian Express
4P’s Of Marketing associated
with, THE TIMES OF INDIA
1. Products:
Description of Paper:-
The Times of India Newspaper contain 24 to 30 pages & each
day 1 supplements, they are
Pages:-
1st National/International/Local News
2nd to 5th Local News
6th to 11th National News
12th to 14th Times Global
15th to 16th Times Business
17th to 20th Sports News
And 4 pages of Nagpur Times
Supplements:-
The Times of India comes with several city-specific
supplements, such as Delhi Times, Bombay Times, Lucknow Times,
Bangalore Times etc.
Other regular supplements:-
1. Customers:
The customers of Times Of India are divided into three
classes called SEC(Social Economic Class).
There are 2.6 million daily copies sold all over India and there
are over 8.4 million readers all over India.
2. Competitors:
International Competition:
There is yet no International competitor for Times of India.
National Competition:
The Indian Express: The Indian Express began its journey
in 1932. It is one of the big competitors for the Times of
India. It has also long history. The main purpose of
establishing this newspaper was to fight with the corruption
after the independence.
The Hindu: This newspaper also started long back in 1878
as a weekly edition and later started its daily edition from the
year
1889. It has a circulation of over 10 lakhs.
Local Competition:
The Hitvada: This is local competitor for the Times of
India. It was launched over 25 years in Nagpur city. It has
very well captured the local market in the newspaper
industry
Lokmat Times: It is yet another competitor for the Times of
India. It is also giving tough competition to the Times of
India. It has been launched 5 to 6 years back.
RESEARCH METHODOLOGY
METHODOLOGY
Sampling Plan:
Sampling Units:
The respondents, i.e., the readers of Nagpur edition will be stratified according
to certain parameters. The readers of The Times of India will be stratified
according to their age and gender.
Sample Size:
Door-to-door surveys will be conducted for 100 respondents. If the situation
demands more accuracy, a telephone survey will be conducted where in the
respondents will be asked questions about their opinion on the Times of India
Nagpur edition over the telephone and their responses will be recorded.
OBJECTIVES:-
6. To achieve the target, this is assign by the company guide and the faculty guide.
Weekly Objective:-
Monthly Objective:-
CHAPTER IV.
1. DAILY Target:
To sell 4 annual subscription and generate a business of Rs. 3016/- For
Times of India.
2. WEEKLY Target:
To sell 28 annual subscription and generate a business of Rs. 21112/- For
Times of India.
3. MONTHLY Target :
To sell 75 annual subscription and generate a business of Rs. 56550/- For
Times of India.
BUT, I performed beyond the target what they give me. And my
performance is…
Opportunities:
Better chances of market coverage as only started one and half
years back.
Threats:
Many newspapers have been published before Times in the
Nagpur City and had better coverage of local news than Times
of India Nagpur Edition.
No. of competitors
Mid-course Correction
The target is changed in mid it is at least 2 magazine in
one month. Earlier it is not compulsory for “Times of India.” If there
is not any booking of magazine then the incentive will be reduced.
The RPF i.e. Readers Profile Form should be filled up
by the customer only.
If we are going to give renewal to any customer then
the old order number should be taken.
Learning’s
While doing this project, we understood many concepts in
print Medea market. The company guide trained us on how to
negotiate with customers, how to deal with different people with
different attitudes etc.
We understood the basic fundamental of marketing.
We learned how to manage time.
We know my limitation while doing marketing
We got the knowledge about the particular sector.
We learned the importance of build and maintain the
relation.
We learned how to interact with customer, how to
convence them.
We learned how we understand the mentality of people
and requirement of them.
After completing the SIP we are able to make a
segmentation of market.
Also this scheme is little costlier than the last one it cost almost
543/-Rs for a year.
References
The Times of India website
COMPANY CERTIFICATE.
To,
The Director,
Global Business School, Amravati
Amravati
Mr.Gaurav Tiwari has completed summer Internship Program (SIP)
from June/30/2009 to August/15/2009 in our company successfully. He
has generated business of 184 annual subscriptions in 45 days attendance.
His performance is appreciated and we wish him best career and same
success throughout his life.
There are “No Dues” pending. All financial transactions have been
completed from our end.
Times of India
Devendra Ramteke
DSP Head
Asst Manager, RMD.