Itc Sip Report-1
Itc Sip Report-1
PGDM 2022-24
Company Guide: Mr. Atulya Jyoti Faculty Guide: Prof. Kalyan Agarwal
(Sales Executive)
SYNOPSIS: -
Products, and packaging retail Lifestyle. So, for this reason, I opt for ITC
Dealer Board
• Ambedkar path
• Ashiyana 1
• Maurya path
• Polson
• Ashiyana 2
• Vijay Nagar
During this internship, I visited more than 350 outlets from my Beat and
approx. 150 more other DS’s (ISS outlets, Wholesales, Chemist, and
Grocery) which were already tapped but were not selling all the SKUs of
Savlon, Fiama, Engage Perfume, etc. Apart from this, I have introduced
Hangers for Engage Intense Deo and Fiama soap in almost all the shops in
my beats, in order to increase the Visibility of our products, and this step,
was proven right which leads to bulk orders for PCP Products with hangers
by the Retailers. Apart from these Fiama soap 40 rupees, SKUs were
launched at all the shops, which include Grocery, and ISS counters. These
all tasks were accomplished in a planned way, first I used to collect the
Market Planner sheet to know how many outlets I have to cover on that
particular day and I also use to carry the schemes sheet of that month to
know all the present schemes related to specific products. Then along with
the assigned DS (Dharmendra Jee), I use to visit the shops of that particular
beat, and then I use to observe the different aspects of Competitor Products,
Schemes, Visibility, D&D, etc. And analysed the market accordingly and
asked questions from the retailers regarding PCP Products to know what our
products are lacking and what our competitors are offering better than us as
we don’t hold as much market share as HUL and Reckitt Benckiser and I
observed that Godrej is also coming to the race. Then I used to observe
whether UOB products are placed in that shop or not and try to persuade
submitted the work earlier, either to any other Institute or University for
CIMP guidelines to prepare the report. I have also given due credit to the
them in the text of the report and producing the details in the reference
section.
This is to certify that the work incorporated in this Summer Internship Project
entitled “To develop the business of DT (Deodorant) and TS (Toilet Soap) using
new launches,” by Mr. Adarsh Kumar bearing Roll no 150006, comprises the
supervision and guidance in partial fulfilment of the requirements for the award of
has not been submitted earlier, either to any other Institute or University for the
This is to certify that Mr. Adarsh Kumar bearing Roll no. 150006 a student of
(Toilet Soap) using new launches” under my supervision and guidance in partial
Management for a period from 01/05/2023 to 01/07/2023. The work has not been
submitted to any other institution or university for the award of any degree/diploma
real business scenario. I am most grateful to Mr. Atulya Jyoti, Area Sales
guiding me and giving his full support for carrying out the project which
for his guidance and invaluable suggestions throughout the course of the
project. I would also like to thank Mr. Pushan Ghose, Area Sales Manager
Distributor Staff especially Mr. Dharmendra Jee (DS) who teach me about
the market on the ground level and helped in making the data collection
process convenient for me with inspiring suggestions. Last but not the
Thank You
Contents
SYNOPSIS: ................................................................................................................................... 2
DECLARATION ......................................................................................................................... 6
CERTIFICATE............................................................................................................................ 7
CERTIFICATE FROM ITC ....................................................................................................... 8
ACKNOWLEDGEMENT ........................................................................................................... 9
ABBREVIATIONS: ....................................................................................................................12
CHAPTER 1: INTRODUCTION ............................................................................................... 13
About The Company:..............................................................................................................13
Vision Statement .................................................................................................................14
Mission Statement ..............................................................................................................14
Product Profile ........................................................................................................................14
ITC Business ...........................................................................................................................15
CHAPTER 2: OVERVIEW OF THE STUDY ...........................................................................16
About Internship: ....................................................................................................................16
Objective of the Internship: ....................................................................................................17
Relevance of the Study of Consumer Behaviour: ...................................................................18
SCOPE OF THE STUDY: ......................................................................................................19
CHAPTER 3: ABOUT THE ORGANISATION ........................................................................20
History and Diversification and different Portfolios ...................................................................20
Packaging, Printing & Paperboard Business: ........................................................................21
ITC HOTELS: ........................................................................................................................22
Agri-Business: .........................................................................................................................22
Speciality Paper: .....................................................................................................................23
Stationary: ...............................................................................................................................23
Lifestyle Retailing: ..................................................................................................................24
Information Technology: ........................................................................................................24
Branded Packaged Food: ........................................................................................................25
Safety Matches: .......................................................................................................................26
Agarbatti: ................................................................................................................................27
Personal Care Product: ...........................................................................................................27
E-Chaupaal: ............................................................................................................................29
CHAPTER 4: LITERATURE REVIEW ...................................................................................31
Introduction: ...........................................................................................................................32
Consumer Decision Making Model: .......................................................................................33
Consumer Behaviour as a Social Decision-Making Process:..................................................35
Finding: ……………………………………………………………………………………………
Suggestions: ................................................................................................................................
Learnings: ..................................................................................................................................
CHAPTER 8: CONCLUSION.......................................................................................................
REFERENCES ..............................................................................................................................
ABBREVIATIONS
DS : Daily Salesman
WD : Wholesale Distributor
OOS
: Out of Stock
SKU
: Stock Keeping Unit
AE
: Area Executive
VAJRA : The program that salespeople use on their mobile phones to get
orders from consumers.
POP : Point of Purchase
ITC is the third-largest industry in India, with sales of home and personal
care products accounting for 50% of all FMCG sales. The Company is
gross revenue of 69,481 crores and a net profit of 18,753.31 crores (as of
31.03.2023). The primary driver of this sector's overall revenue is the urban
segment, which represents 57% of the FMCG industry's total sales in India.
On the other hand, in recent years, the FMCG industry in rural India has
(FMCG) make up half of all rural spending. The FMCG industry, also
home and personal care account for 50% of industry revenue, healthcare
represents 31-22%, and the remaining 18-19% comes from other sources.
While I was working as an intern, I noticed that the In Patna, the industry
contrast, Savlon is vying for a dominant position in the city while the HUL
brand Dettol rules the soap industry. Over the previous ten years, India's
FMCG sector has grown at a rate of 21.4% annually. Revenues in the
between 2011 and 2018. By 2023, it is expected that the FMCG sector in
India will have grown at a CAGR of 29.5% and will total $103.7 billion in
US dollars. Additionally, it's predicted that the rural FMCG market will
grow at a compound annual growth rate of 14.6% between 2020 and 2025,
with a potential market size of $100 billion to $220 billion. Indian retail is
which will boost FMCG income. The FMCG sector generated 3.5 lakh
through March 2023, the FMCG industry in India grew by 9.4%. The
rising product prices, particularly for necessities, were the main factors
two quarters during the same period, while rural markets grew by 14.6%.
Demand for FMCG products would primarily come from rural areas. This
Vision Statement
Mission Statement
value.
CHAPTER 2: OVERVIEW OF THE STUDY
About Internship: -
internship that would focus on increasing the outlet coverage of the ITC personal
care products along with a benchmarking process that would bring out a
internship like this that combines both field work and office work ought to give
the accurate picture of the product its retailers and consumers in the market. The
customer at the ground level has to be understood, his buying behaviour. This
internship remains confined to only three types of products from three big brand
Savlon, Engage, and Fiama. The study in Engage consists of Pocket Perfume,
Perfume Spray, and Deodorant. The soaps in the brand Savlon Cool and Fiama
have been included and in deodorant Engage are being studied with the help of
field survey, the response of the retailers and consumers. There have been more
than 200 hundred stores in the Warehouse Distribution region of Digha area I was
visited. Out of which only twenty of them have turned out to be the cosmetic
(shringar) stores, with forty of them also being in both the channels of grocery
and cosmetic both. Various new products have been introduced and also data have
been collected from them with the help of the questionnaire that comprises of the
questions related to the availability in terms of range and depth of the products of
ITC as well as its competitors. The question related to Visibility have been asked
in terms of salesman arranging the window display and bringing all the range
display during the visit. The questions related to frequency of visit, market credit,
range shortage, supply chain problem and expiry return have been asked
regarding the Distribution. Sales Person’s skills have been enquired in terms of
his ability to solve problems, behaviour of salesman, frequency of his visit as well
promotion consumers. Then for cosmetic stores a model is made to strengthen the
different competitors.
To analyse the coverage gap of Fiama and Savlon Cool and finding
out the range gap, depth gap of Fiama and Savlon Cool in Patna
market.
on the market.
Relevance of the Study of Consumer Behaviour: -
most businesses are interested in learning more about their customers and
their purchasing habits. However, it is not an easy process to learn about the
figure out how people will react to different kinds of marketing messages.
You have a huge advantage over your competitors if you know how
starting point for this study. The four Ps of marketing: product, pricing,
location, and promotion, make up the marketing stimulus set. The buyer's
cultural factors. You can see how these inputs are transformed into
how stimuli are transformed into responses in the consumer's black box,
which has two parts. First, the buyer's personality and background shape
This report will help you understand how ITC's new consumer products
• It also provides a window into the many variables that go into making a
On August 24, 1910, ITC officially opened its doors as the Royal Tobacco
a limited company, changed its name to India Tobacco Company Limited and
then to I.T.C. 1974 Limited as the government began to gradually seize the
company's property. The company name was changed on September 18, 2001 in
food, body care, tobacco and cigars, designer clothing, educational products and
stationery, incense sticks and security competitions, and incense sticks. The
organisation is now known as "ITC Limited." A formal abbreviation or acronym
founded in 1979 after ITC Bhadrachalam Paper Boards Limited was sold.
ITC HOTELS: -
involve more than a one hundred real estate and controlled residences in
India the luxury collection, welcome hotels, Fortune hotels, and welcome
corporation decided to
intention of exporting
Stationary: -
ITC completed the acquisition of Tribeni Tissues Limited in the year 1990. This
of tissue paper to the tobacco industry. The newly combined company will be
known as the Paperboards & Specialty Papers division. This was done with the
Lifestyle Retailing: -
In 2000, ITC converted its profile manufacturing company into a wholly- owned
in this industry. Today, ITC InfoTech is one of the fastest growing international
IT and IT service provision groups in India and has established itself as a major
ITC got into the candy and commodities business in 2002, when Minto,
Candyman, and Ashirwad Ata left the market (wheat flour). In 2003, SunFest
was started when the Company got into the cookie business. With Bingo! 2007,
ITC has joined the group of snack companies that have their own brand names.
India's answer to instant noodles, SunFest Yippee, was made by ITC and came
out in 2010. In September 2014, ITC came out with Gum on Chewing Gum,
which made chewing gum more accessible. With the release of Natural Fruit
liquid B in January 2015, the company entered the market for juices and liquids
made from only fruit. ITC entered the dairy market in November 2015 when it
started selling Ashirwad Swastik Ghee. ITC's most profitable source of luxury
chocolate is Fabella candy, which came out in April 2016. With the launch of
Sunbean Gourmet Coffee in July 2016, ITC moved into the branded espresso
market. In February 2017, ITC released the ITC Master Chef Superior Safety
made of spices that are safe for export and are very popular with consumers.
ITC MasterChef Shrimp came out in June 2017, when the company started
making frozen food. Farmland Potatoes, which came out in November 2017,
was ITC's first fresh vegetable product. ITC's move into the food business is a
new growth driver for a business. It all began when "Kitchens of India,"
gourmet Indian ready-to-eat meals, were made in August 2001. With the
2002, ITC entered the candy and goods market (wheat flour). In 2003, SunFest
was born when the Company got into the biscuit market. In 2007, ITC made
Bingo! a brand-name snack that joined a group that was growing quickly. ITC
Safety Matches: -
The ITC philosophy of assisting in the improvement of the competitiveness of
the entire price chain was noticed in the Safe Match program in the year 2002.
This was done together with all of its other manifestations. ITC is currently
Agarbatti: -
Temple.'.
Personal Care Product: -
In 2005, ITC made its debut in the business of personal care products. Over
the course of the last eight years, the "Essensa Di Wills," "Fiama," "Vivel,"
personal care product category. occurs frequently and can be found all
around the nation. In May of 2013, the trading company added Engage, one
of India's first "few deodorants," to its product range. Engage was one of
ITC, was introduced to the Indian market in the year 2010. Armenteros
clubs.
E-Chaupaal: -
ITC's Agribusiness division, one of India's largest agricultural product
STP Analysis
maintains that science can only discover one single, objective truth.
which have only lately arisen since the years following 1980. The
proponents of this new viewpoint contend that positivism ignores the
culture. There can never be a single, unified world view since this
well as the notion that consumers create meanings based on particular and
and the goals that guide consumer research. The conventional, positivist
Introduction: -
satiate needs and desires" is known as "consumer" (Solomon 1995, 7). The
term "consumer" in the context of marketing refers to patterns of
brands and items that might satisfy it, and making a decision. Examining
the purchased item in use and easing any tension that comes with the
post-buy actions. Each of these has significance for both initial and
processes that precede and determine these acts" by Engel et al. (1986, 5).
Nicosia (1966), Engel et al. (1968), and Howard and Sheth (1970) all proposed
moment they realize they can satisfy a material need by purchasing and eating
a product to the moment they realize the consequences of doing so, these studies
information process. Festinger (1957) was the first to propose the theory of
and intention, and these unpredictable factors (such as the absence of a desired
brand or a lack of funds) may lead to a change in the actual choice made by a
solving models have been criticized for their assumption that consumers are
complex and rational decision makers (Welshavsky and Granbois 1979). Due
methods for measuring them. Consumers may follow these steps when making
some purchases, but this may not be a fair representation of the majority of
people who make decisions have a variety of options at their disposal. There
are many factors to consider when deciding how much effort is required for a
this process. Users can adjust their level of "effort" based on the task at hand
(Bettman and Zins, 1977). Limited problem solving and habitual decision-
situations where consumers are not highly involved and therefore do not
premise is that human behavior and attitudes are shaped by multiple levels
means of generating profit. More than that, culture is shaped and shaped by
have a bearing on one's social status. Individuals who belong to the same
social class have similar interests, values, and behaviours. People who
belong to the same social class have roughly the same standing within the
to lead similar lifestyles. These people tend to congregate and share a wide
range of views and ideas about how one should live one's life (Co Leman,
make. The term "reference groups" is used to describe all of the outside
influences that serve as social cues for individuals (Gergen and George,
1981).
CHAPTER 5: METHODOLOGY
challenge. It has a wide range of facets, and research methods are one of
them.
The logic underlying the methods is also taken into account when
4. Comparative Analysis
Your research questions will dictate which design is best for you.
There are both positive and negative aspects to every design. At least four
issues are addressed by the research design, which has been dubbed a
"blueprint" for research: what questions to study, what data are relevant,
what data are collected, and how are the results analyzed. An
analyzes the data. Strategy and implementation plan for a study are two
of the company, retailers, and their loyalty programs, this research is done
status.
Sampling Technique: -
Primary Data
Data that has just been collected for the first time is known as primary
data. It's unique because of the way the raw material is shaped. Primary
which was filled out by the survey participants. There are both open-ended
about the effectiveness of the loyalty programs from retailers and other
stakeholders.
Secondary Data
The term "secondary data" refers to information that has already been
in order to obtain reliable results. Data was gathered from previous studies
Sampling Instruments: -
Sampling Unit: -
The sampling Unit is the single unit of the population. A single retailer of
loyalty outlet who gets display benefits from the sampling unit of the
study.
The sample size is the size of the sample drawn from the population which
included in the study was 210 for convenience in evaluating and analyzing
used.
Engage Intense
Engage Intense is a deodorant launched by ITC it comes with price Rs 230 and
it comes in two Flavors. ITC launched with this price range Engage Intense to
compete Denver, Wild Stone, KS and other deodorant company. Also, our
Mentor Mr. Pushan Ghose sir assigned a task for 3 days to launch of Engage
Savlon Cool Menthol & Glycerine Bathing Bar comes under mid-range soap of
ITC and it comes in Rs 35. Cool bathing experience with this season’s cooling
range of Menthol & Glycerine Bathing Bar and enjoy its long-lasting freshness
is its salient features. It was low in demand in Digha WD point due to other
competitor company in same price range like Dettol Cool, Cinthol, Lux Cool
Fiama Men and Fiama Sandal are launched by ITC with price range of Rs 40
and its gel bathing bar comes under premium soap of ITC. ITC have launched
in this price range of Fiama Men and Fiama Sandal to compete their competitor
1.Which ITC Toilet Soap product have highest sale in your outlet?
Soap
9%
Savlon
29%
Vivel
62%
Fiama
Inferences:
The graph shows that more than 60 percent of outlet Salvon have the
highest sales compared to Fiama and Vivel. Fiama has less sales as
Many people are not aware about Fiama also we work on Fiama
advertisements.
2.Which ITC DT product have highest sale in your outlet?
Deodorant
17%
33%
Engage Pocket
Engage Mini Can
Engage Intense
50%
Inferences:
The graph shows that in 50 percent of the outlets, Engage Mini Can has the
reason why Engage Intense has less sales than Engage Pocket and Engage
supermarkets and the wholesale market, not in smaller retail outlets. Also,
the main factor is the higher price of the Engage Intense as compared to
a). Park Avenue b). Wild Stone c). KS d). Denver e). Others
Deodorant
11% 12%
Park Avenue
30% Others
Inferences:
The graph shows that KS have the highest sales compared to other
deodorant brands. After KS deodorant Wild Stone and Denver are better
sales in the outlet. Park Avenue have least sales in the outlet.
4. Apart from ITC TS (Toilet Soap), which other TS (Toilet Soap) brands
a). Lux b). Pears c). Dettol d). Cinthol e). Others
Soap
7%
20% Lux
15%
Pears
Dettol
23% Cinthol
35% Others
Inference:
In this graph shows that most of the outlet have highest sales of Dettol
(Reckitt Benckiser) and Pears (HUL). After that Lux and Cinthol have
better sales in the outlet. Whereas as only small portion has been occupied
consumer of HUL and Reckitt Benckiser product are high respect to other
5.. Have you faced any problem related to delivery of ITC products?
a) Yes b) No
Delivery Problem
37%
Yes
63% No
Inference:
37% of the total outlets reported that they get the delivery on after two
days, the remaining 63% percent indicated delivery issues, sometimes the
delivery may get delayed due to the delivery boy is not present.
D&D
27%
Good
Not Good
73%
Inference:
The D&D policy received praise from about 73% of the outlets were happy
with ITC D&D services and the remaining 27% were not happy with D&D
of policy ITC.
Purchased
30%
Distibutor Salesman
From Market
70%
Inference:
The graph shows that 70 percent of outlets have purchased ITC products
purchased ITC products from the market, for example Udaan app, Apna
Credit Period
33% 2-week
45%
3-week
1-week
22%
Inference:
The graph shows that Only 45% of retailers responded that they get credit
for 2-week, and 33% of retailers were those who felt the pressure of
clearing the credit within 7 days of the purchase. There were also 22%
customers who aren’t given that long period of days of credit but pay in 3-
week.
13% 18%
1-week
2-week
3-week
36%
33% more than 3-week
Inference:
36% of retailers responded that they get credit for 3-week by other
companies, and 33% of retailers respond that they get credit for 2-week.
There were also 18% retailers respond that they credit 1-week and 13%
retailers who aren’t given that long period of days of credit but pay more
than 3-week.
a) Yes b) No
Scheme
23%
Yes
No
77%
Inference:
said that the DS are not frequently updated him schemes and discount of
MARKET
Inference:
Engage Intense give 35.6% margin to the retailer on their Engage Deodorant
but the competitors give 39.1% to 40% margin to the retailers. So, between
the retailers the demand of engage deo is less.
Inference:
The demand of Savlon cool is less demand among the retailers as well as
PRODUCT: - ITC is keenly aware of the fact that individual tastes vary, and
Care Products come in a range of sizes and forms. The varied characteristics
PRICE: -ITC is renowned not just for its extensive product line but also for
while promising superior service and production from its goods. This method
helped ITC not only attract new clients, but also overcome the difficulty of
present their best selves to the world while being financially stable. This
PLACE: - ITC has established itself as a reputable brand due to the fact that
its Personal Care Products have a significant presence in both urban and
rural India.
good (FMCG), they did not need an exclusive shop to sell or display it.
Furthermore, because it was an FMCG product sold via the retailer channel, it
was accessible in all small retail stores in both urban and rural locations. This
also helped them grow into rural regions and increase their market share.
FINDINGS
In PCP products, Engage, Fiama, and Vivel have less Availability and
37% of total outlets told that they get their delivery on after two days, the
73% of the outlets were happy with ITC D&D services and the remaining
month but the delivery boy does not take D&D products from the outlet
within that period while DS take order to exchange the D&D products
said that the DS are not frequently updated him schemes and discount of
but small retailers do not keep whole PCP product so, that ds do not tell
45% of retailers responded that they get credit for 2-week, and 33% of
retailers were those who felt the pressure of clearing the credit within 7
of clearance.
The schemes on Engage Deodorant are the most effective while retailers
effective.
The increase the availability and visibility of Engage, Fiama, Vivel company
Marketing campaigns within the Patna region for brand awareness can be
run.
Daily briefing about the progressive targets of DS and making him aware
A proper credit period as per the company norms can provide a solution,
also identifying the outlets based on the past clearance and sales, and
vertically at shelves etc and try spreading more awareness about on-going
brand.
The company should focus on awareness of Fiama soap among the
consumer.
The only area that was included in the study was the Imrita WD
point region. The study referenced above was unable to take into
As a result of the fact that some of the respondents were not the
was acquired from them may contain some bias. Another issue that
I had to deal with was the fact that individuals were reluctant to
Some of the answer we received were not clear so were can’t take
of PCP as well as FMCG industry jargon. The developments that unfolded during
the company's project gave us a deeper grasp of the distribution channel as well.
important areas that needed to be addressed either at the company level or among
the company's channels of distribution. The study focuses on the customer and
determine current market conditions. The major objective was to increase the DS
efficiency in their respective beats and develop business prospects and finding
all alternative sources of Personal Care Product sale. While, learning about the
on the ground level. Also, within the project launching a new product of Engage
Intense and observing their sales rotation in the next beat was an additional bonus
point. Furthermore, A special survey for the WD Imrita Badrinath and Pre survey
for the launch of Fiama Men and Fiama Sandal soaps learning experience of sales
in the dynamic market of Patna. ITC Ltd. Despite, touching millions of outlets
through FMCG PCP products and constant growth is facing highly competitive
and dynamic challenges, to overcome these challenges the DS is the ground face
of the company. There is a need for the hour of DS to work in the most efficient
way with extremely high morale and loyalty. Hence the objectives and data
analysed in the report are blended with the inferences & suggestions for the
betterment of the company to gauge a large market share through the help of DS.
Looking at all of the facts and numbers, it's clear that the company needs to work
on its internal operations in order to gain market share with pre-determined goals