Project Report
Project Report
Introduction:
At the start of the year 2009/10 the world’s focus is on India- as the world’s
second largest producer of cotton. With the recent technological
advancements and market liberalization India has emerged in the 21st
century as the major player in the world cotton market. India devotes more
land to cotton than any other country and claimed 30.4% of the world’s
cotton acreage. Most of the land acreage is rain fed and only about 35% of
the land is irrigated. The cotton is cultivated in many states of India. Among
them the major are Maharashtra, Gujarat, Andhra Pradesh and Tamilnadu.
The project throws a light on the brand recall of the BIOSEED brand in the
cotton market, which already has a huge success in the hybrid maize market
in Andhra Pradesh.
BIOSEED is the brand of the Shri Ram Bioseed Genetic India Ltd which is a
subsidiary of DCM Shriram Consolidated Ltd. The seed business is a strong
R&D led operations that develops, produces and markets high quality hybrid
seeds. The company has invested in establishing a robust R&D
infrastructure in Hyderabad & Philippines.
The company entered into the cotton hybrid seed market in 2007. In Andhra
Pradesh the company has three brands namely
1. Bajrang
2. Gabbar
3. Chiranjeevi
In Andhra Pradesh Adilabad is a major market with over sale of 1000000
hybrid seed packets followed by Guntur & Warangal.
This project is undertaken to gauze the brand recall of the Bioseed brand of
seed retailers in Andhra Pradesh. Brand recall of a particular product of a
company is of vital importance since indicates the number of people who are
aware of particular product and it also highlights the effectiveness of the
various promotional activities taken by the company.
Methodology:
The study is conducted empirically using both primary and secondary data.
Primary data was collected through a well structured, questionnaire. The
data was collected through personal interview. Seed retailers from various
region where interviewed for the necessary data. Seed retailers from six
different markets of Andhra Pradesh
1. Adilabad Town (Adilabad)
2. Boath (Adilabad)
3. Bhainsa (Adilabad)
4. Vikarabad (Ranga Reddy)
5. Parigi (Ranga Reddy)
6. Mominpet (Ranga Reddy)
were taken. Around 80 seed retailers were questioned for the data. The
nature of the study was exploratory; the real factual data is collected without
the biasness of the researcher. The brand recall questionnaire was an unaided
one- the respondents knew the interviewer as an independent one, not the
one from a particular company (Shriram Bioseed).
Secondary data was collected from company’s website and internet.
OBSERVATIONS
1. Most of the business is run through credit, which means the retailer is
at loss of reputation and sometimes cash if the crop fails to yield.
2. Banners and posters of various brands of different companies are
displayed in the heart of ever town, but Bioseed company posters
were seen in the outskirts.
3. Most of the retailers who have recognized the Bioseed brands are a
small time, mid range dealers in the seeds. Even the distributors of the
Bioseed Company have a far less amount of sales compared to the big
retailers.
4. Adilabad is very huge market compared to any other. One has to tap
unto its potential, and can gain a lot from it. But the brand recall is
very less in this critical area.
5. The retailers, who recalled the Bioseed brands, gave a feed back that
the company does not involve in promotional activities and thus
performing poor in the market.
6. Some of them complained about poor supply.
7. The retailers can push a farmer in taking or trying out the new brands.
They have the capability to at least give a start to the company.
8. Some of them are reluctant to buy the brand Chiranjeevi because of
the recent developments in the telangana region concerning the
telangana’s separate state issue.
9. One should not forget the fact that most of the farmers are illiterate
and will not be taking their decisions on their own and is greatly
influenced by reference groups.
10.Nuson Seeds-James is anew brand launched last year and gaining the
marketing Rangareddy district. Word of mouth is the reason for the
good popularity of the brand and is spreading..
Outcome
Recommendations:
the season.
3. Packaging is not a big issue. As the farmer is less attracted towards
attractive packing.
4. Some of the farmers can be handpicked and invited to crop
Conclusion