Professional Documents
Culture Documents
on
Retailers Satisfaction
Sethias Foods PVT. LTD
EXECUTIVE SUMMARY
The project titled STUDY OF RETAILERS SATISFACTION
TOWARDS PRODUCTS AND SERVICES OFFERED BY
MILAN PRODUCTS IN BIKANER CITY was done for
Sethias Food Pvt. Ltd.
Summer internship is known to be a students first
brush with cooperate world. This is the time for the
students to put words and theories into action. This
opportunity to integrate classroom learning with real life
situation. While doing the project students are placed
under the guidance of a manager who serves as a
mentor.
Mission:
To implement the best in technology, research and development.
Procure best available raw materials.
Make brand 'Milan' reach international domains.
Sustain growth trajectory by fulfilling stakeholders' expectations.
Attract and attain customer loyalty with high value products and services.
Goal:
To provide our customers Perfect Taste and Quality in the Best of Packaging .
Companys Overview:
Sethia Foods began as a very first step taken by Shri Utam Chand Sethia to carry
out the unmatched heritage of Namkeen and Snacks of Bikaner in the year of
1975. Today, that initial step became a long journey of experience and use of time
tested recipes allows them more than 27 varieties of different snacks, namkeen
and sweets which gives to taste the real heritage of Bikaner.
"Milan" Sweets & Namkeens. Established in 1980, under the able guidance of
Ajay Sethias mother late Smt. Bhawari Devi Sethia, his firm M/s Sethia Sweet
Products has made its mark as an icon of packaged Sweets & Namkeens. Its
products especially 'Canned Rasgulla' is being sold across the horizons of India.
Their strong network of distributors comprises of efficient people from the heights
of Leh-Laddakh to the saline bed of Trivandrum, from the peaks of Arunachal
Pradesh to the Dunes of Rajasthan.
Market Opportunities:
The average annual per capita consumption of commercial snacks is just 500g and
that by urbanites is 10 times more than that by rural consumers.
Consumers from Western India are the leading snack consumers, followed by the
North.
Naturally, opportunity is screaming from the roof tops .K.P. Sareen, Executive
Secretary, All India Food Processors' Association, calls it the third phase of the
evolution of the salted snacks market.
Factors like hygiene and quality is steadily bringing about a switch from
unorganized to branded namkeens.
SWOT Analysis:
Strengths:
1. Affordable prices.
2. Brand name with rich history of over
40 years
3. Number of products like sweet,
namkeens, chats, papads and other
fast food.
4. Loved for its taste, especially for its
rasgulla.
5. Trusted brand for its quality,
hygiene and taste
6. Exported too many countries.
7. Products available in gift packs
making it an ideal gift.
Opportunities:
Weakness:
1. Limited number of stores.
2. Strong competition from the
unorganised sector also means
limited market share.
3. Less advertising is done
compared to other food brands.
Threats:
6.
Scope of this project is limited to all the products and services of MILAN
offered by Sethia Foods PVT. LTD. Bikaner.
Functional scope of the study is limited to study of retailers problems,
complaints and finding out their level of satisfaction.
Research Methodology:
SAMPLING DESIGN
Survey for Retailers
Sampling techniques
(Convenience)
Sample unit
Namkeens.
Sample size
Method
Questionnaire.
Data analysis method
Area of survey
-
SWEETS
RESULT
NO. OF RETAILERS
YES
300
96%
NO
11
TOTAL
311
4%
100%
NO. OF RETAILERS
(OUT OF 300)
BIKAJI
300
100%
HALDIRAM
244
81%
MILAN
90
30%
OTHER
20
7%
NO.OF RETAILERS
Milan-Rasgulla
41
14%
Milan-Bhujia
13
4%
Milan-Rajbhog
34
11%
ALL
212
71%
TOTAL
300
100%
200 gm.
400 gm.
1kg
2kgs
TOTAL
RETAILERS
45
18
18
90
10%
50%
20%
20%
100%
RETAILERS
GLOW
SIGN
BOARD
15
FLEX
BOARD
55
%
16.67%
DEALERS
BOARD
NO SIGN
BOARD
TOTAL
13
90
14.44%
7.78%
100%
61.11%
HIGHLY
SATISFIED
SATISFIED
NEUTRAL
DIS SATIFIED
HIGHLY DIS
SATISFIED
TOTAL
NO. OF RETAILERS
15
54
11
90
15.55%
60%
12.22%
8.89%
2.22%
100%
ALWAYS
SOMETIMES
NEVER
TOTAL
72
12
90
80%
13.33%
8.89%
100%
Inference:-
FINDINGS:
It was found that majority (96%) of retailers stock and sale namkeens followed
by 4% of retailers who did not stock and sale the Namkeens.
From the research, the researcher found that all of retailers (100%) had
availability of Bikaji Namkeens where as 81% of retailers had Haldiram and
from 300 retailers 30% had Milan and 7% for others etc.
The researcher found that majority of retailers (71%) sold all products of Milan
Rasgullas.
It was found that 50% of retailers mainly stored and sold 400 gm pack and
20% of retailers for 2 kgs. Pack whereas rest of retailers stored and sold 200
ml and 1kgs pack.
It was observed that 61.11% of retailers had flex sign board whereas very few
of retailers (7.78%) had no sign board which is lowest in interpretation.
It was found that 60% of retailers were satisfied with services of Milans sales
man where as 15.55% retailers were highly satisfied with services rendered by
Milans sales man and 2.22% of retailers were highly dissatisfied with the
services of Milans sales man.
Suggestions:
A healthy relationship should be developed by the company
executive with the retailers.
Delivery of goods should be increased in number for proper catering
in the entire area of Bikaner Central region effectively and efficiently.
The company should supply its glow sign board, banners etc.as an
advertisement media to the retailers of few areas, which will as usual
for satisfaction of retailers.
The commitment of schemes should be carried out on or before the
scheduled time.
The respondents were too busy to give exact answer to all questions.
There is chance of under estimation of sales and income as it is the nature of
human beings.
There are chances of sampling error.
Chances of biased data collections to respondents.
Conclusion:
From the first objective it is concluded that 60% of retailers were satisfied with the
services of Milans sales man. It was also found that 80% of retailers received the
ordered goods on time and in right quantity.
The analysis of satisfaction level of retailers towards new schemes and discounts i.e.
39% of retailers were highly satisfied with the same. The researcher also found that
48% of retailers dissatisfied with the credit facilities. The retailers were also satisfied
with the display seasonal schemes of Milan.
It is concluded that the retailers were satisfied with the stock delivery and emergency
order to some extent. It was also found that 44% of retailers were satisfied with the
distribution network of Milan where as 49% of retailers were fully satisfied with
meetings organized by the company.