"SHAKTI" : A Strategic Marketing Approach of FMCG Giant,HUL-Enabling A
Journey Towards Business Excellence In The Era of Globalization
Business Excellence can not be attributed to a common
set of actions and it doesn’t happen overnight. A ‘Strategic Approach’
is the urgency which requires renewed conceptual understanding and
significant insights into the contemporary environment. This makes the
transformation of tactical marketing activities into strategic marketing
essential. Today cost-efficiency does not provide long-term competitive
advantage for companies whereas marketing, when conducted strategically,
does (Kotler, 1999). In this study an attempt has been made for
understanding of the strategic background of the project ‘SHAKTI’, a
rural marketing initiatives of FMCG giant HUL, which the organization is
thinking as the only option for sustenance and for excellence, in the
era of globalization.
Indrani Majumder
Lecturer
Department of Commerce Rashtraguru Surendranath College Barrackpore,West Bengal
An Investigation of Customer Awareness With Reference To Green Marketing
of Automobiles :An Empirical Study Conducted at Indore,Madhya Pradesh
The first part of this article focuses on
detailed literature review in the area of green marketing, as it was
felt by the authors that little attempt has been made to understand this
area in the Indian context. The second part of the work deals with
assessment of awareness for the green automobiles among the customers of
various segments in Indore district of Madhya Pradesh. Looking to the
adopted methodology, the study is termed as an empirical study. The work
includes testing of three hypotheses related to the above objective. Few
questions of the questionnaire used in the study have been analyzed and
presented in detail to bring out the attitude of customers towards the
green automobile. A factor analysis was also carried out to get more
insight into the obtained responses to the variables used in the
study.The results of this survey are encouraging in the sense, that they
reveal significant awareness about green marketing among the customers,
and more so in higher age group. They also appear to be ready, to pay a
marginal extra price for obtaining a green automobile. It can be
concluded that, the product appears to be welcome in rural as well as
urban segments, with owners of four wheelers, favoring it more.
Girish Thakar Reader Department of Industrial & Production
Engineering,G.S.Institute of Technology and Science,Indore,Madhya
Pradesh
Nitin M.Joshi
Sr.Faculty
Welingkar Institute
of Management
Development and Research
Mumbai
Dr.A.K.Chitale Ex-Director and Academic Advisor G.S. Institute of Management & Research Indore,Madhya Pradesh
Innovative Marketing Practices Suiting The Current Social Behaviour of
Indian Customers
The globe is spinning at a very rapid pace and the
world of marketing is in the revolution mode. The customers of modern
India are far different from the‘Me Too’ category of customers, they are
the rebellions. They want to look different, consume different and
behave differently. The customers, their needs, their buying behaviour
and expectations has transformed radically over the period of time.
These changes have made the marketers to think beyond the Four ‘P’s of
marketing. The marketers and the marketing practices keep on evolving
with the changing times. Today, the organisations like GODREJ, CEAT and
many others which have served Indian markets for the years are busy with
brand makeovers. Every marketer is trying to connect with its customers
in all possible manners. The advertising and promotion done by the
marketers has progressed from print and broadcast media to more
customized and interactive digital/online media to ambient media. The
marketers have ensured the product availability right from the physical
retail stores (brick) to online/e-stores (click). This paper attempts to
bridge the gap between the present day customers and marketers. It
highlights the emerging socio-cultural trends in the consumer markets.
The paper proposes the new marketing mix strategies and practices
required by the marketers to target young and modern India.
B.V.H.Kameswara Sastry Assistant Professor Department of
Management Studies TJPS College(PG Courses) Guntur,Andhra Pradesh bvhksastry@gmail.com
Dr.D.V.Chandrashekar
Assistant
Professor
Department of Computer Science TJPS College(PG Courses)
Guntur,Andhra Pradesh chand.info@gmail.com
A Study of Consumer's Buying Pattern of
Cosmetic Products In South Haryana
The Indian cosmetics and personal
care industry has been growing at a rate of 15-20 percent. But still the
market penetration of cosmetics and toiletries products in India is
meager. The cosmetic companies are now eyeing the small cities as it is
an untapped market and present vast opportunities. The present study
attempts to study the buying pattern of consumers and the impact of
demographic variables thereon. Results indicate that The prime reason
for using cosmetics was ‘to look appealing’ followed by ‘to be with
current trends’. Quality and Price were found to be the most important
criterion for buying cosmetics.
Dr.Neeraj Kaushik Assistant Professor Department of Management Studies TITS,Bhiwani Haryana
Perception Towards Memorability of
Advertisements on TV- A Descriptive Study
Television is often called "The King" of the
advertising media, since a majority of people spends more hours in
watching TV per day than any other medium. The interaction of sight and
sound offers tremendous creative flexibility and makes dramatic
life-like representation of products possible. TV commercials can be
used to convey a mood or image for a brand as well as to develop
emotional or entertaining appeals that help to make dull products appear
interesting. Moreover, memorability of the advertisement and the
advertised product is an important factor that may create a desire for
the product, which in turn, induces to buy it. A variety of techniques
are available in TV for the production of commercial messages like live
action, puppet show, cartoons, documentary films and use of music, which
can increase the memorability of the audience. Hence, this paper
discusses about the audience’s order of preference for the different TV
channels, their perception and reasons for the memorability of TV
advertisements in general and its impact on the various functional forms
of TV advertisements.
K.Pongiannan
Lecturer(SS) & Head Department of Commerce with Computer
Applications,Kongunadu Arts & Science College,Coimbatore,Tamil Nadu mkpongiannan@gmail.com
Impact of Store Amenities on Buyers Behaviour : A Study of Convenience
Goods Buyer In Organized Retail Sector in India
In the Global Context of open market
economics of today, the consumer has become the king. He operates
through his autonomous power. He enjoys a lot of freedom in his purchase
decision. A consumer is in position to influence the manufacturer or
marketer regarding size, quality and contents of the product, price, and
post sale service, among other things. As a result the markets have no
longer remained “seller markets”, it obviously turned into “buyers
markets”. In Indian Retail market there are so many players are entering
and the growth rate is increasing. More numbers of customers are
visiting organized retail mall as compare to traditional retail malls.
As the more and more numbers of national and international players are
entering, the competition is becoming very tuff. Everyone tries to
attract more customers to their retail store. To attract customer most
of the time of a year the promotions are going on for any convenience
goods. But this paper tries to find out whether store amenities will be
able to attract customer or not. The consumers purchase decision making
process was examined with the help of structure questionnaire. The
result shows that the customer is attracted by store amenities.
Globalization and Its Impact on Small Scale
Industries- An Analysis
SSI is widely recognized as a powerful instrument for
socio-economic growth and balanced sectorial development. One of the
distinctive characteristics of the SSI sector is its capacity to create
broader employment opportunities, assist in entrepreneurship and skills
development and ensure better use of scarce financial resources and
appropriate technology. The Indian National Congress took over the reins
of power after India's Independence in 1947. Most of the Congress
leaders came to occupy responsible positions in the Central and State
Governments. It was, therefore, expected that the sanctity bestowed on
Khadi and village industries by Gandhi would be preserved and adopted
unhesitatingly as a national and public policy in free India. It was
also expected that the ideals of building self-reliant villages was a
commitment that had to be discharged faithfully by the party and the
followers of Gandhiji. Because of the then prevailing political
environment, especially the place and the role Gandhiji played in the
struggle for independence, there was no serious debate on or critical
scrutiny of the issues Gandhiji was associated with and had expressed
his clear views. There were, however, many who were extremely critical
of the Gandhian philosophy for socio-economic development of the
country.
Dr.Rana Zehra Masood
Lecturer
Department of Commerce
Aligarh Muslim University Aligarh,Uttar Pradesh rana_zehra786@yahoo.co.in
Whether Today's Customers are Satisfied? - A Study
With Banks
Banks are the mart of the world, the nerve center of
economics and are also the barometer of nation’s property. The biggest
asset on the balance sheet of banks today is the ignorance of customers
of their own rights, and their reluctance to fight for them. Due to
globalization and the development of WTO, banking has gone under
paradigm shift and has resulted in transformation of whole banking
industry. At the same time customer to be satisfied in such a way for
the success of the banks performance. This being situation a study has
been made on select branches of SBI Associate operating in headquarters
of the textile city of coimbatore during the month of May and June. The
questions are arranged six various heads such as Infrastructure,
Attitudes of the bankers, Services provided, Operations, Attitudes
towards ATM and Redresal operations. The study reveals that on an
average 80% of its customers are satisfied. Techno-savvy is not up to
the mark of the customers which has to be improved. When overall rating
has been calculated it can be concluded that State Bank of Travancore
stood first as per the study.
Ashok Kumar M Head
Department of Commerce Sree Narayana Guru College Coimbatore,Tamil Nadu
Rajesh R
Research Scholar
Sree Narayana Guru College
Coimbatore,Tamil Nadu