One of India’s Most Admired Companies




    ESTABLISHING BRAND AWARENESS OF
          CLASSMATE PRODUCTS IN
INSTITUTIONS/GENERAL TRADE AND ANALYZING
     THE MARKET TREND IN MADURAI CITY

               PRIYATHARESINI R
            Thiagarajar School of Management
OBJECTIVE
Phase I
• Creating brand awareness about Classmate
  products in institutions such as schools and
  colleges in Madurai city


Phase II
• Analysing the performance of Classmate products
  in Madurai market
• Taking orders and creating new beats for further
  sales coverage
PROFILE

• Incorporated on August 24, 1910 as Imperial
  Tobacco Company of India Limited
• Rechristened as „ITC Limited‟ September 18,
  2001
• Premium range of notebooks under the
  brand “Paperkraft” was launched in 2002
• In 2003 popular range of notebooks under the
  brand “Classmate” was launched
• In 2008, ITC repositioned the business as the
  Education and Stationary Products Business
ITC Business Portfolio
                                               FMCG
    Cigarettes                    Foods                 Personal Care            Lifestyle Retailing


,




         Education & Stationery               Matches           Incense Sticks




                                  Paper &                 Agri Business          Information
         Hotels                   Packaging                                      Technology
CLASSMATE PRODUCTS
• Drawing book-          • Scrap book
  (Drawing book          • Color crew-(wax
  sketching)               crayons, colour
• Graph book               pencils)
• Long book              • Eraser
• Maths lab book         • Pencil-
• Notebook                 (HB,2B,mechanical
• Practical book-          pencil)
  (biology, chemistry,   • Geobox
  computer, physics)     • Sharpener
• Project paper
• Reminder pad
PRODUCT PROFILE
INTERNSHIP LEARNING
Phase I                     Phase II
• Involves, visiting the    • Service quality check
  institutions                in beats
• Introducing and           • Creation of new beats
  promoting the product     • Performance of
  portfolios of classmate     classmate products
• Creating contacts of        through market
  institutions and            research
  institution heads
INSTITUTION MARKET
• Requires extensive campaign
• Institutions at the outskirts of city are least
  bothered about quality while that of those in the
  city show positive attitude towards Classmate
• Classmate Notebooks are popular among school
  and college going students
• Institutions have to be approached during the
  month of January till March when it comes for
  schools while for colleges it shall begin from May
GENERAL MARKET
• Retail market is different from that of wholesale
• Margins play major role in case of Madurai market
• Other stationary products of Classmate require
  promotions
• The front cover of Classmate Notebooks require
  still more number of varieties
• Stockist had been changed several times, this has
  created a bad impression about Classmate
  among outlets
• Preconception that Madurai market is cost
  conscious isn‟t true
MARKET RESEARCH
Statement of problem: Performance check
Sample size:66 (30% of population)
Sample area:
  –   Anna Nagar – 15.5%
  –   Avanyapuram – 6.06%
  –   By pass – 18.18%
  –   Iyer bunglow – 9.09%
  –   Kpudhur – 4.55%
  –   Kamarajar salai – 4.55%
  –   PTR road – 13.64%
  –   Town hall road – 15.15%
  –   Wholesale – 13.64%
Cont.,

Sampling method: Convenience sampling
Data collection:
Primary data: Questionnaire
Secondary data: Outlet list from company database
Tools of analysis:
Statistical Package for Social Sciences (SPSS)
Outlet type:
   –   Department store = 9 (13.64% of the sample size)
   –   Retail =9 (13.64% of the sample size)
   –   Fancy = 19 (28.78% of the sample size)
   –   Stationary = 28 (42.42% of the sample)
   –   Electronic shop = 1 (1.52% of the sample)
CORRELATION OF BEAT AND
  PURCHASE PATTERN




                    Correlation gives
                    100% significance
                    More monthly
                    purchase pattern
                    followed by
                    biweekly and
                    demand
                    dependent
CORRELATION OF BEAT AND
 BRAND MOVING FASTER
Cont.,

• The significance is 93.3%
• Out off 66 outlets surveyed (that which is currently
  serviced), 26 shows Classmate as a leading
  brand
• Local notebooks stands next with 17 outlets,
  followed by Chima in 13 and TNPL in 5 of the
  outlets
• Classmate and Chima together exists as leading
  brand in 3
• Classmate is No.1 in Bypass beat followed by
  Anna Nagar
CORRELATION OF BEAT AND
   MARKET PICK-OFF
Cont.,

• This shows 100% significance
• Classmate has good market movement in relation
  to the locality of the outlets
• Market pick off is high in case of Bypass beat
  (>40%)
• Anna Nagar beat(35-40%)
• Followed by wholesale and PTR road beats
CORRELATION OF MARKET PICK-
 OFF AND PRODUCT RANGES




                     The correlation
                     has 94.6%
                     significance
                     Classmate
                     products are
                     made available in
                     the outlets, market
                     pick off will have
                     direct influence
                     leading to its
                     increase
CORRELATION OF MARKET PICK-
 OFF AND PURCHASE PATTERN




                      Significance is
                      99.4%
CORRELATION OF MARKET PICK-
OFF AND MARKET PERFORMANCE




                      Significance
                      is 96.1%
                      In 15 of 26
                      highly
                      satisfied,
                      market pick-
                      off >40%
CORRELATION OF MARKET PICK-
OFF AND BRAND MOVING FASTER




                     The
                     significance
                     is 100%
CORRELATION OF OUTLET TYPE
  AND PURCHASE PATTERN
Cont.,

• Significance is 93.2%
• Frequency of purchase pattern increases with
  outlet type
• More of stationary shops, fancy shops purchase
  Classmate products
CONTENT ANALYSIS


• 66 questionnaires filled, only 41 where able to
  give inputs
• In this 41, 34.15% showed sensitivity towards
  display stands for Classmate products
• 21.95% had sensitivity to carry different front
  cover in the same package and remodelling few
  pen varieties to improve market pick off
• 17.07% were sensitive to increase the promotion
  of Classmate products in institutions
• 14.634% were sensitive to the product pricing
CONCLUSION

• Organization now have the database of
  institutions
• The market performance of the Classmate
  division and criteria for brand image is known to
  the organization
RECOMMENDATIONS
• Advertisement banners shall be changed to
  season
• Brighter front cover
• Increasing advertisement for other stationary
  categories
• Loyalty based margin slab or discounts shall be
  given
• Redesigning pen models especially those of
  Gelofun and Safari
• Remodelling of board cover of octane
Priyatharesinir 5

Priyatharesinir 5

  • 1.
    One of India’sMost Admired Companies ESTABLISHING BRAND AWARENESS OF CLASSMATE PRODUCTS IN INSTITUTIONS/GENERAL TRADE AND ANALYZING THE MARKET TREND IN MADURAI CITY PRIYATHARESINI R Thiagarajar School of Management
  • 2.
    OBJECTIVE Phase I • Creatingbrand awareness about Classmate products in institutions such as schools and colleges in Madurai city Phase II • Analysing the performance of Classmate products in Madurai market • Taking orders and creating new beats for further sales coverage
  • 3.
    PROFILE • Incorporated onAugust 24, 1910 as Imperial Tobacco Company of India Limited • Rechristened as „ITC Limited‟ September 18, 2001 • Premium range of notebooks under the brand “Paperkraft” was launched in 2002 • In 2003 popular range of notebooks under the brand “Classmate” was launched • In 2008, ITC repositioned the business as the Education and Stationary Products Business
  • 4.
    ITC Business Portfolio FMCG Cigarettes Foods Personal Care Lifestyle Retailing , Education & Stationery Matches Incense Sticks Paper & Agri Business Information Hotels Packaging Technology
  • 5.
    CLASSMATE PRODUCTS • Drawingbook- • Scrap book (Drawing book • Color crew-(wax sketching) crayons, colour • Graph book pencils) • Long book • Eraser • Maths lab book • Pencil- • Notebook (HB,2B,mechanical • Practical book- pencil) (biology, chemistry, • Geobox computer, physics) • Sharpener • Project paper • Reminder pad
  • 6.
  • 7.
    INTERNSHIP LEARNING Phase I Phase II • Involves, visiting the • Service quality check institutions in beats • Introducing and • Creation of new beats promoting the product • Performance of portfolios of classmate classmate products • Creating contacts of through market institutions and research institution heads
  • 8.
    INSTITUTION MARKET • Requiresextensive campaign • Institutions at the outskirts of city are least bothered about quality while that of those in the city show positive attitude towards Classmate • Classmate Notebooks are popular among school and college going students • Institutions have to be approached during the month of January till March when it comes for schools while for colleges it shall begin from May
  • 9.
    GENERAL MARKET • Retailmarket is different from that of wholesale • Margins play major role in case of Madurai market • Other stationary products of Classmate require promotions • The front cover of Classmate Notebooks require still more number of varieties • Stockist had been changed several times, this has created a bad impression about Classmate among outlets • Preconception that Madurai market is cost conscious isn‟t true
  • 10.
    MARKET RESEARCH Statement ofproblem: Performance check Sample size:66 (30% of population) Sample area: – Anna Nagar – 15.5% – Avanyapuram – 6.06% – By pass – 18.18% – Iyer bunglow – 9.09% – Kpudhur – 4.55% – Kamarajar salai – 4.55% – PTR road – 13.64% – Town hall road – 15.15% – Wholesale – 13.64%
  • 11.
    Cont., Sampling method: Conveniencesampling Data collection: Primary data: Questionnaire Secondary data: Outlet list from company database Tools of analysis: Statistical Package for Social Sciences (SPSS) Outlet type: – Department store = 9 (13.64% of the sample size) – Retail =9 (13.64% of the sample size) – Fancy = 19 (28.78% of the sample size) – Stationary = 28 (42.42% of the sample) – Electronic shop = 1 (1.52% of the sample)
  • 12.
    CORRELATION OF BEATAND PURCHASE PATTERN Correlation gives 100% significance More monthly purchase pattern followed by biweekly and demand dependent
  • 13.
    CORRELATION OF BEATAND BRAND MOVING FASTER
  • 14.
    Cont., • The significanceis 93.3% • Out off 66 outlets surveyed (that which is currently serviced), 26 shows Classmate as a leading brand • Local notebooks stands next with 17 outlets, followed by Chima in 13 and TNPL in 5 of the outlets • Classmate and Chima together exists as leading brand in 3 • Classmate is No.1 in Bypass beat followed by Anna Nagar
  • 15.
    CORRELATION OF BEATAND MARKET PICK-OFF
  • 16.
    Cont., • This shows100% significance • Classmate has good market movement in relation to the locality of the outlets • Market pick off is high in case of Bypass beat (>40%) • Anna Nagar beat(35-40%) • Followed by wholesale and PTR road beats
  • 17.
    CORRELATION OF MARKETPICK- OFF AND PRODUCT RANGES The correlation has 94.6% significance Classmate products are made available in the outlets, market pick off will have direct influence leading to its increase
  • 18.
    CORRELATION OF MARKETPICK- OFF AND PURCHASE PATTERN Significance is 99.4%
  • 19.
    CORRELATION OF MARKETPICK- OFF AND MARKET PERFORMANCE Significance is 96.1% In 15 of 26 highly satisfied, market pick- off >40%
  • 20.
    CORRELATION OF MARKETPICK- OFF AND BRAND MOVING FASTER The significance is 100%
  • 21.
    CORRELATION OF OUTLETTYPE AND PURCHASE PATTERN
  • 22.
    Cont., • Significance is93.2% • Frequency of purchase pattern increases with outlet type • More of stationary shops, fancy shops purchase Classmate products
  • 23.
    CONTENT ANALYSIS • 66questionnaires filled, only 41 where able to give inputs • In this 41, 34.15% showed sensitivity towards display stands for Classmate products • 21.95% had sensitivity to carry different front cover in the same package and remodelling few pen varieties to improve market pick off • 17.07% were sensitive to increase the promotion of Classmate products in institutions • 14.634% were sensitive to the product pricing
  • 24.
    CONCLUSION • Organization nowhave the database of institutions • The market performance of the Classmate division and criteria for brand image is known to the organization
  • 25.
    RECOMMENDATIONS • Advertisement bannersshall be changed to season • Brighter front cover • Increasing advertisement for other stationary categories • Loyalty based margin slab or discounts shall be given • Redesigning pen models especially those of Gelofun and Safari • Remodelling of board cover of octane