A Project Report On

Customer satisfaction towards daily news paper of Dainik Jagran

To be submitted for the partial fulfillment of the Requirement for the degree of M.B.A. from Mahamaya Technical University Noida, Agra

Submitted to

Submitted by

PREFACE

A project report is the very important part of any management programme. It is a Launch Pad for introducing students to a real-life scenario, which cannot be simulated in the classroom. It not only enables the student to apply the theoretical knowledge in a practical scenario but also enables them to learn things beyond books. This is a period where the students add value to them self and learn management skills as well as the corporate culture.

Only academic knowledge is not enough for the students, it is also necessary for them to have a slice of the practical corporate world wherein they can apply their knowledge and put their skills to a test. This is a first step towards corporate world.

A project report provides an opportunity for students, to satisfy their inquisitiveness to know more details, exposes them to technical skills, and helps them to acquire social skills by drawing them into communication with outside professionals for continuous interaction.

ACKNOWLEDGEMENTS

It is essential to acknowledge the help received from the people of various quarters. I find myself at a loss as to how to thank them. These words are not a formality but a sincere voice of my heart & I owe gratitude to all of them. At the onset I would like to thank Mr. (Management Faculty) for

providing me a wonderful opportunity to work on this project. Their valuable time and guidance went a long way in helping to make a quality work out of this project. I also owe my regards to my Faculty Members, who has helped me in every possible way to make this project a success.

Last but not the least, I would like to thank all the Faculty members and Staff members who all helped me in completing my Project successfully.

M.B.A

INDEX

1. Introduction 2. Objective 3. Research Methodology 4. Product lines and consumer behavior 5. Growth of the industry 6. Technology of production and distribution 7. Marketing 8. Innovation 9. Strategies and competition in the industry 10.Business environment 11.Critical success factors 12.Appendices Bibliography

CHAPTER 1

Introduction
Dainik Jagran Dainik Jagran

A February 2010 front page of the New Delhi edition Type Format Owner Founded Political alignment Language Headquarters Circulation

Daily newspaper Broadsheet Jagaran Prakashan Ltd. 1942 Independent[1] Hindi Jagran Building, 2, Sarvodya Nagar, Kanpur-208 005, India 2,795,965 Daily

Official website jagran.com

Dainik Jagran (Hindi: ) is a Hindi language daily broadsheet newspaper in India. According to the IRS Q2 2011, Dainik Jagran ranks No. 1 among the dailies with a Total Readership (TR) of 16.393 million. Dainik Jagran is the second largest newspaper in India, by circulation as of 2011.

Overview
Dainik Jagran was jointly founded by Shri Puranchandra Gupta & Shri Gurudev Gupta in Jhansi in 1942. In 1947 Dainik Jagran shifted its headquarters to Kanpur, where it launched its second edition on 21 September 1947. The Rewa and Bhopal editions were added in 1953 and 1956. In 1975, publication of Gorakhpur edition started, followed by Varanasi, Allahabad and Lucknow in 1979. In 1984, Meerut edition was launched, followed by Agra in 1986, Bareilly in 1989 and Delhi in 1990. Between 1997 and 2006, eighteen new editions were added, and through 2007-08, six new editions were launched. More than 55.7 million people read Dainik Jagran making it the largest read daily in India. Currently, Dainik Jagrans 36 editions are published across eleven states of India. Its editions are published from the following places:

Uttar Pradesh: Kanpur (City, South Kanpur, Kalyanpur, Chakeri, Naubasta, Panki) , Lucknow, Gorakhpur, Jhansi, Raebareli, Varanasi, Agra,Allahabad, Aligarh, Bareilly, Meerut Madhya Pradesh: Bhopal, Rewa Jharkhand: Ranchi, Dhanbad, Jamshedpur Uttarakhand: Dehradun Punjab: Amritsar, Ludhiana, Jalandhar, Bhathinda Haryana: Panipat, Hissar Bihar: Patna, Bhagalpur, Muzaffarpur, Darbhanga(soon) Himachal Pradesh: Dharamshala Delhi West Bengal:Siliguri
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Jammu & Kashmir: Jammu

The paper's website,jagran.com , also carries content aimed at teenagers, cooks, upwardly-mobile women, education,Bollywood, and local news. Educational initiatives (Dainik Jagran Group) JIMMC (Jagran Institute of Management and Mass Communication), Kanpur JIDA (Jagran Instittute of Digital Animation), Kanpur JIMMC (Jagran Institute of Management and Mass Communication), Noida JIMMC, School of Animation, Noida JIM (Jagran Institute of Management), Kanpur Jagran Public Schools (JPSs) Jagran Online Media

MMI Online the digital media wing of the Jagran Prakashan LimitedIndia's Leading Media conglomerate. In this era of Web 3.0, media is about unlimited information and boundless space. We are an incubation center for new business ideas and identify gaps in the Indian online space, crafting appropriate products, technical and marketing strategies for the development of online services, products and offering. We at MMI work towards providing quality online content in sectors like News, Education, Medicine, Travel and Tourism to name a few Founded in October 2008, the company zeroes in on developing sustainable business models for the Indian online space and continuously pushes the boundaries to create 'services' and 'products' which add value and experience to the online users. The structure of MMI allows for the conceptualization and testing of many ideas while turning the best of them into companies.

Key persons

Sanjay Gupta, CEO & Whole Time Director Mahendra Mohan Gupta, Chairman & Managing Director Dhirendra Mohan Gupta, Whole Time Director
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Sunil Gupta, Whole Time Director Shailesh Gupta, Whole Time Director Mr. Bharat Ji Agrawal, Independent Director Sukirti Gupta, CEO(MMI Online) Shekhar Tripathi, Editor Head Praveen Tewatia, Design Manager(Jagran Online) Nipun Singhal, Manager(Jagran Online) Another initiative by Dainik Jagran With the launch of the coffee table book Jagran Gems, Jagran Prakashan Limited (JPL) crossed yet another milestone. It was indeed a proud moment as the backdrop revolved at the appointed hour in an exact replica of the book cover, in New Delhi. AK Singh from Agra gets his personalised Eminent people from a CTB large cross section of society, including media, marketing, the government and prominent business locations graced the event. While the chief guest, Jitin Prasada, minister of state for Petroleum and Natural Gas, Govt of India lauded the JPL endeavour for recognising these entrepreneurs of Uttar Pradesh, Mahendra Mohan Gupta, chairman and managing director of JPL spoke about the grit and determination of these hand-picked few, who with their achievements, had made a difference to the lives of numerous in the various remote districts of UP. Gupta said that it has always been the endeavour of Jagran to encourage and promote entrepreneurs who have contributed in nation building and provide them the platform they rightfully deserve.

Mahendra Mohan Gupta, Jitin Prasada & Sanjay Gupta

Sanjay Gupta, CEO and chief editor, JPL thanked the dignitaries present. Sharmishtha Sharma, author of the book, spoke about the partnership of BMW Deutsche Motoren that took the project forward and the contributions of Jagran Solutions in presenting the event in its stylish avatar. Other presenters included Sunil Gupta, Sandeep Gupta, Shailesh Gupta and Bharat Gupta. One of the leading media houses of India, Jagran Prakashan Limited is publisher of Dainik Jagran, Indias largest read and hi ghest circulated daily with a total readership of 5.45 crore readers (as per IRS 2009 R1), and also voted as the most credible and trusted newspaper in India, according to a survey by Globscan, conducted in ten of the worlds leading countries, including the US, UK, Germany and Russia. The brainchild of the Indian freedom fighter late Puran Chandra Gupta, established in 1942 with launch of the first edition from Jhansi (UP), Dainik Jagran has now 37 editions across eleven states. The group also publishes inext, the leading bilingual compact daily of India, which has set a trend of innovative experiments in print media and became a part of the life of the young at heart with a readership of 13.3 lakh (as per IRS 2009 R 1), in less than three years of existence; Sakhi, a monthly magazine targeted at women; and City Plus, the first English publication from its stable. Besides, they are also operational in forms of: Jagran Engage, the outof-home advertising division of the company; J9 Ventures, a business
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division of JPL in the business of web, WAP & text based value added services, products, platforms and solutions for consumers and corporate customers; Yatra, the popular travel guide series; Jagran Solutions, providing below the line activities like promotional marketing, event management and on ground activities having pan India presence; Jagran Pehel, the CSR cell of JPL; Radio Mantra, FM channel with eight broadcasting centers; MMI online; and now Jagran Gems, an initiative of JPL which honours the extraordinary entrepreneurs from various fields in the form of a coffee table book (CTB). About group profile / history / directors / board of directors Jagran Prakashan Ltd (JPL) is Indias leading media and communications group, with its main interests across Newspapers, Outdoor, Internet, Magazines, Below the Line marketing solutions, and Mobile Value Added Services.

Dainik Jagran is the flagship brand of the company. In todays dynamic media world , where consumers have an unprecedented array of choices, Dainik Jagran stands out as a brand that is the choice of millions of Indians as they start their day. With a readership of 5.59 cr, it has been the largest read daily of India for the last consecutive 21 rounds of the Indian Readership Survey (IRS). With 37 editions, Dainik Jagran covers 11 states of India. It has also been declared by the World Association of Newspapers (WAN) as the Largest read daily in the world. Not just the largest read, Dainik Jagran has also been voted as the Most Credible Source of News in a BBC-Reuters survey.

The genesis for Dainik Jagran was in the year 1942. The year when the freedom struggle of India reached its crescendo and found expression in the Quit India movement. Dainik Jagran was launched during this time with the vision of our founder Shri Puran Chandra Gupta, to Create a newspaper that would reflect the free voice of the people . This vision was as much a reflection of the time when it was propounded as much as it is relevant to us today. Even as on today, when Dainik Jagran
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markets control the political destiny of the largest democracy in the world, the vision continues to guide us.

http://www.inext.co.in

i-next, Indias fastest growing compact daily in bilingual format, has caught on to the pulse of the Young at Heart. In a very short span of time, it has captured the imagination of people who look out for newer opportunities and seek deeper probes into the more relevant issues of changing India of today. It now covers 12 prominent cities in 4 states of India through its various editions and infrastructure. The readership of I Next is an impressive 22 Lakhs as per Latest IRS. It distinctly stands apart from its competitors due to its beautiful packaging of news, attractive layout design and the versatility of news & features. These accomplishments have made I next the pulse of todays Youthful India wherever its present.

http://www.jagrancityplus.com

City Plus is the Weekly English Tabloid from the group. It is an English News-Information-Entertainment paper with 31 editions from Delhi, NCR, Bangalore, Pune, Mumbai and Hyderabad ,targeting premium geographic localities. An aesthetically designed all colour newspaper editorially cover a variety of topics from Food, Fashion, Lifestyle, etc. Apart from this, it also has reader interactivity through Contests, Coupons, Puzzles, Quiz, Crossword, Games, Polls, Suggestions.

MiD-DAY is Indias No.1 Afternoon paper from Jagran Prakashan Ltd. (JPL). MiD DAY has been the quintessential break the YUMPI (Young Urban Mobile Professionals across India) takes in the middle of their
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work day. MiD-DAY is printed from Mumbai, Pune. Over the last couple of years, the newspaper has been on a mission to up its engagement quotient with the YUMPI. Whether it is local news, career guidance, dream homes, a look at whats on in the city or tips on style at work, MiD DAYs sections have it all, alongside staple news and amusers like comics and crosswords, all presented in a YUMPI friendly way.

The company also has an established presence in the multimedia space, with its web version, www.mid-day.com with presently over 18 million page views per month as well as MiD DAY news feeds on cell phones which have over 2 lakh subscribers across the country. These initiatives ensure that the YUMPI has access to the MiD DAY experience at anytime during the day and at anyplace as well.

To add to the dynamic product delivery through content, MiD DAY has also been creating a unique experience for its readers and clients through globally awarded marketing initiatives. The print innovations like 3D Impact Jacket, Format innovations and promotional activities like the MiD DAY Bollywood Lunch Contest, MiD DAY Happy Hours @ Work & @ Home, MiD DAY Media Nights, MiD DAY Corporate Cricket League & many others have won top honours across International Award functions such as INMA, IFRA Cross Media Awards & Asia Multimedia Publishing Awards.

MiD-DAY Gujarati is the Gujarati Tabloid from Jagran Prakashan Ltd. With its unique content and engaging activities, it caters to the affluent Gujarati Community of Mumbai. It is positioned as a complete family newspaper with content for everyone. Apart from the other areas, the newspaper also has a dedicated business segment focusing on share market as majority of the community trade in these markets.

Inquilab is Indias No.1 Urdu Newspaper with a readership of 7 L.

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Inquilab has 12 editions covering Maharashtra, Delhi & UP and is further expanding.

Inquilab made its appearance in 1938. An underground newspaper during the freedom struggle

Mr. Abdul Hamid Ansari, a freedom fighter, wanted to use the medium of Urdu to educate the Muslims and fight against British rule

In the post-independence scenario, Inquilab shifted focus, concentrating on social reforms, education and employment as well as addressing the problems faced by the Muslim community.

Renowned columnists like Kuldip Nayyar, Bharat Jhunjhunwala, Shamim Tarique & Zafer Agha contributing to Inquilab. As the lodestone of a publishing house Inquilab stands tall in modern India. We continue to live in revolutionary times and Inquilab Revolution continues to be in the vanguard.

Nai Dunia is a leading Hindi daily being published from Madhya Pradesh and Chhattisgarh. The newspaper was launched in 1947 and has, over the years, attained a pre-eminent status as a Hindi daily in the print media in Madhya Pradesh and Chhattisgarh. Naidunia has multiple editions published from Indore, Gwalior, Jabalpur and Bhopal in Madhya Pradesh and Raipur and Bilaspur in Chhattisgarh. Placed amongst the Top 10 Hindi newspapers in India, and has been one of the fastest growing newspapers in the market.

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Sakhi is a premium womens magazine targeted at upwardly mobile & outgoing women in the upper segment of the socio-economic class. The Sakhi reader retains her cultural values but is contemporary and modern in her outlook. The magazine also highlights the role of women in modern times & helps them in coping with the outside world.

http://www.jagranengage.com

Jagran Engage is the OOH division of JPL which specializes in Out of Home media solutions across India. Jagran Engage covers 900 + towns spread across 370 districts in 27 states. Engage offers comprehensive Out-Of-Home (OOH) solutions to prospects & customers through its bouquet of offerings of Hoardings &Billboards, Unique Street Furniture, Transit & Mobile Media besides innovative & ambient to suit specific client requirements.

http://www.jagransolutions.com

Jagran Solutions is the division that leads work in the Below the Line Marketing Solutions or Experiential Marketing area . Jagran Solutions has been at the forefront of transformation; transforming imagination into realities & ideas into beliefs. Awarded with numerous awards at various national and international platform like PMAA & AIPA, Jagran Solutions specializes in providing versatile, complete and measurable solutions in ensuring an immersive, interactive and experiential integrated marketing plan applicable to activations, corporate events, conventions, product launches, meetings, conferences, exhibitions and contests.

http://www.j9mobile.com
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J9 is the value added services division of Jagran Prakashan Ltd. which is currently working in the field of mobile value added services & home shopping in an active manner. It has just launched an Online Digital Classified platform (khojle.in). Projects under planning include Online Gaming & Live Astro business. J9Mobile, which is the mobile vertical of J9 offers Text, Voice & WAP services to users. J9Mobile also offers Enterprise & Brand solutions via 57272 platform

http://www.jagranpehel.com

As a responsible corporate citizen, JPL supports a specifically dedicated organization, Pehel to discharge its social responsibilities and provide social services such as organizing workshops/seminars to voice different social issues, health camps/roadshows for creating awareness on the social concerns and helping underprivileged masses. Pehel is working with various national and international organizations such as World Bank on various projects to effectively discharge the responsibilities entrusted by the company. The company has also been assisting trusts and societies dedicated to the cause of promoting education, culture, healthcare, etc.

Jagran International is the international division of JPL responsible for marketing JPL products outside of India. Amongst other things, develops country reports for India, and works with our international associates to develop India Reports in markets like Ireland, UK, South Africa, Australia and New Zealand.

The group foray into the internet space has been through jagran.com which is the largest Hindi portal its category. We have entered into a strategic alliance with Yahoo India to launch a co-branded site. This we believe will reshape the online Hindi news and current affairs landscape 15

- in terms of compelling customer experience and user engagement. Jagran.com is the largest language site in India with over 60 mn page views/month with 37 pages per visitor and a unique user base of 1.6 mn per month.

Under the banner of Jagran Foundation there are a series of initiatives that would help towards the larger cause of nation building. The first in the series of such initiatives is Jagran Forum our first step towards Thought Leadership. The 1st Jagran Forum was on Democracy, Development and Social Inclusion. The 2nd Forum was on Democracy and Conflict Resolution in Asia. The 3rd Forum was on Democracy : Challenges of Consensus Building. All were attended by dignitaries from across India and the World including the Prime Minster and Vice President of India.

Jagran Research Centre (JRC) was established in May, 1996 as independent and premier multidisciplinary research & consulting organization. JRC is also involved in publishing reference books and magazines. These books include Jagran Yearbooks, Country and Statewise statistical databank, Jagran Josh monthly magazine and others.

Punjabi Jagran, the Punjabi language daily of Jagran.

The Punjabi language is very widely used in Punjab - and this runs across all the Pop Strata of Punjab. The language has great acceptance in the region, and it therefore makes an automatic choice for us to complete our bouquet for Punjab. With the launch of Punjabi Jagran, we hope to add newer readers, newer markets and strengthen the Jagran presence in complete Punjab.
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JPL has grown consistently over the last 15 years though expansion and launch of newspaper brands across various states and languages and at the same time also made successful forays into other media like Magazines, Outdoor, Below the Line Marketing Solutions, Internet and Mobile Value Added Services. Apart from having the scale and size across every media platform, JPL has the objective of being the most professional communications solutions provider across every platform.

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Introduction Print Media Print Media, as anyone can understand is one of the most important factors coming through in the way a nation works. Newspapers, magazines, books etc. are ready by a lot of people and are certainly one of the most trusted mediums of National and International News. India has a vast array of Print Media with Thousands of Magazines and Newspapers in circulation. Top Notch Journalism, great reporting, press unity and a very strong network is what makes Print Media so much of a success even today in the age of Television and the Internet. It is also said that Print Media also helped literacy and undoubtedly the General Knowledge of the average person in India. The good thing about Indian Print media is that any Bias of any sort is quickly subsided; therefore, impartial reporting is a major feature of the Indian Print Media. The news you get through these outlets cannot be any truer. The newspaper with the largest Circulation in India is Dainik Jagran, having near about Two million readers. Next comes Times of India, an English newspaper, followed by Dainik Bhaskar, another Hindi Newspaper. India has a lot of regional newspapers and magazines as well in a lot of languages. Therefore, there is something out there for everyone to read! This section is dedicated to the Indian Print media with articles on Newspapers, Magazines, Controversies, and opinions related to them etc.

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Overview of the Industry Printing is a process for reproducing text and image, typically with ink on Paper using a printing press. It is often carried out as a large-scale industrial process, and is an essential part of publishing and transaction printing. Indian print media is one of the largest print media in the world. The history of it started in 1780, with the publication of the Bengal Gazette from Calcutta. James Augustus Hickey is considered as the "father of Indian press" as he started the first Indian newspaper from Calcutta, the Calcutta General Advertise or the Bengal Gazette in January, 1780. In 1789, the first newspaper from Bombay, the Bombay Herald appeared, followed by the Bombay Courier next year (this newspaper was later amalgamated with the Times of India in 1861). The first newspaper in an Indian language was the Samachar Darpan in Bengali. The first issue of this daily was published from the Serampore Mission Press on May 23, 1818. In the same year, Ganga Kishore Bhattacharya started publishing another newspaper in Bengali, the Bengal Gazetti. On July 1, 1822, the first Gujarati newspaper the Bombay Samachar was published from Bombay, which is still extant. The first Hindi newspaper, the Samachar Sudha Varshan began in 1854. Since then, the prominent Indian languages in which papers have grown over the years are Hindi, Marathi, Malayalam, Kannada, Tamil, Telugu, Urdu and Bengali. The Indian language papers have taken over the English press as per the latest NRS survey of newspapers. The main reason is the marketing strategy followed by the regional papers, beginning with Eenadu, a Telugu daily started by Ramoji Rao. The second reason is the growing literacy rate. Increase in the literacy rate has direct positive effect on the rise of circulation of the regional papers. The people are first educated in their mother tongue as per their state in which they live for e.g. students in Maharashtra are compulsory taught Marathi language and hence they are educated in their state language and the first thing a literate person does is read papers and gain knowledge and hence higher the literacy rate in a state the sales of the
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dominating regional paper in that state rises. The next reason is localization of news. Indian regional papers have several editions for a particular State for complete localization of news for the reader to connect with the paper. Malayala Manorama has about 10 editions in Kerala itself and six others outside Kerala. Thus regional papers aim at providing localised news for their readers. Even Advertisers saw the huge potential of the regional paper market, partly due to their own research and more due to the efforts of the regional papers to make the advertisers aware of the huge market. The Indian Newspaper industry is one of the largest in the world. It publishes the largest number of paid-for titles in the world. In 1997, the total number of newspapers and periodicals published was 41705, which include 4720 dailies and 14743 weeklies. The highest numbers of newspapers was published in Hindi, 16864. Newspapers in India are measured on two parameters, circulation and readership. Circulation is certified by the Audit Bureau of Circulations which is an industry body. It audits the paid-for circulation of the member newspaper companies. Readership is estimated by two different surveys, The Indian Readership Survey (IRS) and the National Readership Survey (NRS). List of players in the industry The Times of India Dainik Jagran Malayala Manorama The Hindu Deccan Chronicle Ananda Bazar Patrika Amar Ujala Dainik Bhaskar Hindustan Times Hindustan Eenadu
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 The Economic times The New Indian Express The Telegraph Deccan Herald

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Categorization of players in the industry Category

Dailies Business dailies Weeklies and Monthlies Regional

Players
Deccan Chronicle, The Times of India, The Hindu, Aaj Tak, India Abroad, Deepika Global, Asian Age The Economic Times, The Financial Express, Business Line, Business Standard The Week, Outlook, India Today, Asha kiran, Panchjanya weekly Andhra Pradesh: Deccan Chronicle, Andhra Bhoomi, Hindi Milap Delhi: Hindustan Times, Pioneer Maharashtra: Bombay Mid-day, Lokmat Times, Sakaal , Loksatta West Bengal: The Telegraph, The Statesman Filmfare, Screen, Planet Bollywood, Indian Express Bollywood Scoop, Apun Ka Choice, Indian Television, RedifIndia, Film Trip, Star Dust PC Quest, Cyber India, Data Quest, Voice & Data, Computers Today, Express Computer, Silicon India The Onion, India Today Plus, Des Pardes, India Together, Teens Today, Andhra Jyothi in telugu, Wow Hyderabad, Zee Premiere, Showtime, Arcade, JAM, India Talkies

Film related Computer related Others

Brief profile of players in the industry The Times of India The Times of India (TOI) is a popular English-language broadsheet daily newspaper in India. It has the widest circulation among all English-language daily newspapers in the world, across all formats (broadsheet, compact, Berliner and online). It is owned and managed by Bennett, Coleman & Co. Ltd. which is owned by the Sahu Jain family. In 2008, the newspaper reported that (with a circulation of over 3.14 million) it was certified by the Audit Bureau of Circulations as the world's largest selling English-language daily newspaper, placing as the 8th largest selling newspaper in
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any language in the world. According to the Indian Readership Survey (IRS) 2008, the Times of India is the most widely read English newspaper in India with a readership of 13.3 million. This ranks the Times of India as the top English newspaper in India by readership. According to COM Score, TOI Online is the world's most-visited newspaper website with 159 million page views in May 2009, ahead of the New York Times, The Sun, Washington Post, Daily Mail and USA Today websites. The Times of India is published by the media group Bennett, Coleman & Co. Ltd. This company, along with its other group companies, known as The Times Group, also publishes The Economic Times, Mumbai Mirror, the Navbharat Times (a Hindi-language daily broadsheet), the Maharashtra Times (a Marathi-language daily broadsheet). The Times is self-declared as a liberal newspaper, and is sometimes described as irreverent. The Times of India is printed from the following places: TOI press are in Sahibabad, Ahmedabad, Bhubaneswar, Bengaluru, Bhopal, Chandigarh, Chennai, Delhi, Goa, Guwahati, Hyderabad, Indore, Jaipur, Kanpur, Kolkata, Lucknow, Mangalore, Mumbai, Mysore, Nagpur, Patna, Pune, Ranchi, Surat. Total Average Circulation for 2008: 3,433,000 copies Supplements The Times of India comes with several city-specific supplements, such as Delhi Times, Calcutta Times, Bombay Times, Hyderabad Times, Kanpur Times, Lucknow Times, Indore Times, Nagpur Times, Bangalore Times, Pune Times, Ahmedabad Times and Chennai Times, The Times of South Mumbai, The Times of Doon, Meerut Plus, Haridwar Plus , Bhopal Plus . Other regular supplements include: Times Wellness (Saturdays) Times Wellness focuses on solutions to health issues and guidance to better living

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 Education Times (Mondays) Education Times caters to the ever-expanding student community and learning experience, as a career guidance, counselor and adviser. Times Ascent (Wednesdays) Editorial of Times Ascent, Centers on human resource development and the impact and implications on business and society. ZIG WHEELS ZigWheels.com is an automotive website reviewing, discussing, features and interviews on Indian vehicles. Times Life (Sundays) Times Life is the supplement which is feature driven What's Hot (Fridays) Focus on latest happenings/events. Special pages created for channels and details of programmes Rouge (Saturdays) Concentrates on women's interest areas.

Dainik Jagran Dainik Jagran is the Worlds Largest Read Newspaper and the Number One Hindi Newspaper in India. It is the worlds largest read news paper and is one the largest newspapers in the world. It was the brainchild of the aggressive freedom fighter Mr. Puranchandra Gupta. The first edition was launched in Jhansi in 1942 and in 1947 Dainik Jagran shifted its headquarters to Kanpur and thus launched its second edition. In this new, dynamic world of Indian media Dainik Jagran is an iconic brand. More than 55.7 million people reach out for Dainik Jagran making it the largest read daily of India. Dainik Jagrans 37 editions carve a huge swathe across eleven states Madhya Pradesh (Bhopal, Indore, Gwalior, Jabalpur, Ratlam, Satna & Saugor) along with the states of Uttar Pradesh, Uttarakhand, Punjab, Haryana, Bihar, Jharkhand, Himachal Pradesh, Delhi, West Bengal and Jammu & Kashmir . Some supplements offered by the Dainik Jagaran are: Jhankaar, Yatra, Sangini, Josh, Nai Rahein, E - PAPER
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 Jagran.com has various channels on its website focusing on different information needs of its users. On the website the latest news in Hindi more than 30 times a day. In addition to news, they also have more than 30 other channels on their website including: Junior Jagran - A colored, bilingual, weekly tabloid catering to the taste of the youngsters and teenagers of 1319 years age group. Khana Khazana - A cookery channel targeted at household women who cherish cooking. Jagran Yahoo! Khana Khazana is a complete resource of multi cuisine recipes and quick cooking tips. Channel Sakhi - The Sakhi is a premium womens channel targeted at upwardly mobile and outgoing women in the upper socio-economic class. The channel highlights the role of women in modern times and helps them in coping with the outside world. Josh - A monthly supplement of jagran.com which is concentrating on educational content, career related queries, personality development, and updates on science and technology. Cine Maza- A popular Bollywood news and reviews channel of Jagran.com giving information on Bollywood, top 5 releases, Box office hits, fact files of actors and actresses with biographies and latest releases.

The Hindu The Hindu is a leading English-language Indian daily newspaper with a circulation of 1.45 million and is the second-largest circulated daily English newspaper in India after Times of India, and slightly ahead of The Economic Times. According to the Indian Readership Survey (IRS) 2008, The Hindu is the third most-widely read English newspaper in India (after Times of India and Hindustan Times) with a readership of 5.2 million. It has its largest base of circulation in South India,
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especially Tamil Nadu headquartered at Chennai (formerly called Madras). The Hindu was published weekly when it was launched in 1878, and started publishing daily in 1889. The Hindu became, in 1995, the first Indian newspaper to offer an online edition. The Hindu is published from 13 locations - Bangalore, Chennai, Coimbatore, Delhi, Hyderabad, Kochi, Kolkata, Madurai, Mangalore, Thiruvananthapuram, Tiruchirapalli. Achievements The Hindu has many firsts in India to its credit, which include the following 1940 - First to introduce colour 1963 - First to own fleet of aircraft for distribution 1969 - First to adopt facsimile system of page transmission 1980 - First to use computer aided photo composing 1986 - First to use satellite for facsimile transmission 1994 - First to adopt wholly computerized integration of text and graphics in page make-up and remote imaging 1995 - First newspaper to go on Internet 1999 - Becomes India national news paper Supplements and features Mondays - Metro Plus, Business Review, Tuesday - Young World, Education, Book Review, Improve Your English, Wednesdays - Job Opportunities, Thursdays - Metro Plus, Science, Engineering, Technology & Agriculture, Friday - Friday Features, Saturday - Metro Plus Weekend, Sunday - Weekly Magazine, Open Page, Literary Review Daily features - This day that age, Religion, The Hindu Crossword, Sudoku Online presence. The Hindu was the first newspaper in India to have a website, launched in 1995.

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Deccan Chronicle Type Format Owner Editor Founded Language :Daily newspaper :Broadsheet :Deccan Chronicle Holdings Ltd. :A T Jayanti :1938 :English

Headquarters :Hyderabad, India Circulation Website :1,349,959 Daily :www.deccanchronicle.com

The Deccan Chronicle is a daily newspaper published through the Andhra Pradesh, Karnataka and Tamil Nadu states of India. It is published in English. The newspaper's name derives from the originating place Deccan regions of India. Other supplements by it are TV Guide, Sunday Chronicle, Chennai and Bengaluru Chronicle. It also supplies other weekly features like School chronicle, Teen Chronicle, Sunday chronicle, etc. Eenadu Eenadu, headquartered in Hyderabad, India, is the largest circulated Telugu news daily in the state of Andhra Pradesh. According to NRS (National Readership Studies) 2005 it has got a readership of 1,134,000 and is the third most circulated
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regional language daily and 10th most circulated daily in India. Eenadu (meaning "Today" in Telugu) was founded by the Indian media baron Ramoji Rao in 1974. It has played a role in either crowning or dethroning governments in Andhra Pradesh. It has also successfully adapted the latest publishing and communication technologies into the Telugu language. Eenadu's rapid expansion enabled diversification of its portfolio by venturing into numerous other markets such as finance and chitfund (Margadarsi chits), foods (Priya Foods), film production (Usha Kiran Films), film distribution (Mayuri Films), and a group of television channels (ETV). All the businesses are organized under Ramoji Group. History As with any other publication, Eenadu too had its share of struggles. When launched in Vishakapatnam, it wasn't able to sell more than 3,000 copies a week. Eenadu found itself struggling to become a daily publication ranked amongst other popular rival publications. By 1975, Eenadu managed to achieve its target of becoming a daily publication. However, it was popular in regions and rivalry was still an issue. In a period where the company needed vision to drive and expand it any further. Eenadu hired a new set of directors to be part of its key decision and management group which drove it towards what it is today being the top read, highly circulated newspaper. Mr. Ramoji rao's growth from no where to every where, is amazing. His name became a household name. Every one in Andhra Pradesh knows Ramoji Rao. He is an inspiration for many young business people. Though Eenadu is a highly circulating news paper, they have a healthy competition with other circulating news papers Vaartha,Sakshi (magazine), and Andhra Jyoti.

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Dainik Bhaskar Dainik Bhaskar is a Hindi-language daily newspaper of India. It was started in year 1958 from Bhopal, the capital city of Madhya Pradesh. Its current editor is Ramesh Chandra Agrawal. Dainik Bhaskar is published from many cities of North and Central India: Bhopal, Indore, New Delhi, Lucknow, Nagpur, Akola, Raipur, Gwalior, Jabalpur, Jaipur, Ajmer, Jabalpur, Satna, Varanasi, Ahemedabad. In Gujarat, and Western Madhya Pradesh the Gujarati Version of the newspaper is also published as Divya Bhaskar. Dainik Bhaskar Group publishes a varied range of magazine helpful in many ways, like 'Aha zindgi' a magazine based on highlighting the positive features of life. The company also runs English newspaper DNA in partnership with Zee Group. History Dainik Bhaskar was first published in Bhopal and Gwalior of the central province. The newspaper was launched in year 1956 to fulfill the need for a Hindi language daily, by the name Subah Savere in Bhopal and Good Morning India in Gwalior. Later in year 1957, it was renamed as Samachar Kranti, and then again in year 1958 as Bhaskar Samachar. Finally in year 1960, it was published as Dainik Bhaskar. There were only 100 prints of the news paper on the first day of its publication, a figure which increased by 69566 within a week and rose to over 2.5 million prints daily in 2011.

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CHAPTER 2 Objective : To find out the importance of print media with the reference of Dainik Jagran daily news paper. To find out the marketing strategies of Dainik Jagran daily news paper. To find out the brand perception analysis of daily news paper with special reference of Dainik Jagran daily news paper. To find out the customer preference of daily news paper with special reference of Dainik Jagran daily news paper.

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CHAPTER 3

Research Methodology
The method adopted for carrying out any project is called as Research methodology. For this project the study is conducted among the customers of Daily News Papers with special reference of Dainik Jagran Research methodology used in this project is based on following factors: Sources of data Primary (questionnaire) and secondary data (information regarding both organizations through internet & booklets). Data collection method & techniques Questionnaire and interviews. Sampling plan Target population Agra Sampling method Random sampling. Sample size 100 Area of population Agra

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RESEARCH DESIGN
Research design specifies the methods and procedures for conducting a particular study. A Research design is the arrangement of conditions for collection and analysis of the data in a manner that aims to combine relevance to the research purpose with economy in procedure. Research Design is broadly classified into three types as Exploratory Research Design Descriptive Research Design Hypothesis testing Research Design On the basis of the objective of study, the study which is concerned with describing the characteristics of a particular individual or of group of individual under study comes under Descriptive Research design.

Descriptive Research Design:In this research design the objective of study is clearly defined and has accurate method of measurement with a clear-cut definition of population that is to be studied.

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RESEARCH DESIGN AND METHODOLOGY Research methodology is a systematic way, which consists of series of actions or steps necessary to effectively carry out research and the desired sequencing of these steps. The research is a process of involves a number of interrelated activities, which overlap and do rigidly follow a particular sequence. It consists of the following steps Formulating the objective of the study Designing the methods of data collection Selecting the sample plan Collecting the data Processing and analyzing the data Reporting the findings

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CHAPTER 4 Product Lines and Consumer Behavior Complimentary and substitutes products Complimentary good for print media is advertisements as it gives high revenues. Substitutes for print media are radio, television, e-papers, online newspaper, door to door campaigns, exhibition, and pamphlet distribution.

Product description and range of products Newspapers uses column of varying width. Some have six columns per page, while others have eight or nine, which affects the size, shape, and costs of an ad. Newspaper space rates vary with an advertisers special requests, such as preferred position or color.

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CHAPTER 5 Growth of the Industry Rate of growth, pattern of growth, growth determinants The Indian Media and entertainment industry stood at Rs584 bn in 2008, a growth of 12.4% over the previous year. Over the next five years, the industry is projected to grow at a CAGR (compound annual growth rate) of 12.5% to reach the size of Rs1052 bn by 2013, says a FICCI & KPMG report on the sector release. The report however, highlights that the market environment has become increasingly challenging for the sector, on the back of economic slowdown and the consequent slowdown in advertising revenues, especially in the last quarter of 2008. Sectors like TV, Print, Radio and Outdoor which depend on advertising revenues were largely affected and this is estimated to continue into the current year too. Advertising spends grew at CAGR of 17.1% in the past three years. Going forward, it is expected to exhibit a robust growth rate at CAGR of 12.4% over the next five years. Potential upsides could take this higher. Growing acceptance of the digital TV distribution technology, entry of DTH players the success of many small budget movies, and the rising competition in the regional market were some of the key highlights of the previous year. Rajesh Jain, Head Information, Communication & Entertainment, KPMG India said, Media companies are under pressure to change, innovate and re-examine their existing business models. Players need to draw upon new capabilities to survive in this environment. In the immediate future, media corporate is likely to focus more on operating margins, and assess opportunities for consolidation, while building on core strengths. The projected 12.5% growth for the sector will be driven on the back of factors like favorable demographics, strong long term fundamentals of the Indian economy, expected rise in advertising to GDP ratio compared to developed economies and increasing media penetration. The focus of industry players too is changing; with a strong emphasis on profitable growth in the current scenario. Hence, media companies
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are increasingly concentrating on strengthening existing operations and assessing options for growth through consolidation, while continuing to innovate. Factors like Narrowcasting, Regionalization, Internationalization, Organized Funding, Digitization and Deregulation have become the buzzwords in the industry. The Indian Print Media

industry is estimated to have grown by 7.6% in 2008 and reaching around INR 172.6 billion in size. The industry is projected to grow at a CAGR of 9% over the next five years and reach around INR 266 billion in size by 2013. Growth in the Print media industry is achievable through sustained growth in advertisement revenues due to increased advertising spends from emerging sectors such as Education, Organized Retail and Telecom, improving literacy levels in the country, optimization of cover prices leading to improved penetration and growth in sales volume, more launches in the niche segment, like newspaper supplements and specialty magazines, by players. The industry needs to invest in quality improvements, especially in regional media to attract advertisers; collective negotiations and bulk purchase of newsprint, constitute forums to encourage and promote regular reading habits among youth, adopting innovative practices like trading media space in publication platforms in return for equity and improve organizational ability to attract and retain talent. The structure of the Indian print media industry is highly fragmented with importance to regional dominance. The Indian print media segment primarily comprises newspaper and magazine publishing.

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As per PwC report, the print industry is expected to grow from Rs 128 bn in 2006 to Rs 232 bn by 2011, at 12.6% CAGR. While the newspaper industry is estimated at Rs 112 bn, the magazine segment is valued at Rs 16 bn.

Growth drivers Higher literacy levels: In 2006, the literacy levels increased to 71.1% as compared to 69.9% in 2005. While rural literacy is at 64.8%, urban literacy touched 85.3%. Currently Indian print media is estimated to reach over 220 m people, and has immense growth potential since close to 370 m literate Indians are believed to not be served by any publication. Also, the reach of newspapers is only 27%, as compared to the global average of 50%. Lower cover prices: Earlier, due to strong hold over a region, the newspaper had higher cover charges. However, with increasing competition and venture into newer regions the companies have reduced the cover prices to augment more sales. Many English dailies are sold for as low as Re 1 or Rs 2. The initial subscription offers of DNA and Hindustan Times (HT) in Mumbai, during their launch period, further reduced the cost of the newspaper to around 50 paise for an average issue Higher ad spends: Print media accounts for 48% of the total Rs 137.5 bn advertising spend in the country. However, the ad spend in India is just 0.4% of GDP as against 0.5% in China, 1.3% in the US and a world average of nearly 1.0%. With rising consumerism and growing interest from domestic and global brands in Indian market, the growth in ad segment is expected to be strong. As per the registrar of newspapers, there were approximately 6,529 daily newspapers as of March 2005. No single newspaper had a national circulation. In 2006, India had the second largest circulation of newspapers with 88.9 m copies per day; second only to China with 98.7 m copies a day.
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Urban & Rural Urban Base Population (m) Any Publication Any Daily Any Hindi Daily 184 170 62.9 % 23.6 21.9 8.1 2.2 7.6 (m) %

Rural (m) %

99.9 42.2 84.3 15.6 93.8 39.6 76.6 14.2 35.6 15 27.3 5.1

Any English Daily 17.4 Any Magazine 58.9

15.9 6.7 1.6 0.3 33.8 14.3 25.1 4.6

Newspaper

Place of strong hold

Jagran Prakashan Uttar Pradesh and Uttaranchal Times of India HT Media Mumbai Delhi, Bihar, Jharkhand

Deccan Chronicle Andhra Pradesh The Hindu The Telegraph Deccan Herald Punjab kesari Chennai Kolkatta Bangalore Punjab

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Fragmented industry
The regionalism aspect is clearly visible in the newspaper sector. The print media is further divided on the basis of the languages. Of the daily newspapers, about 46% are vernacular, 44% are in Hindi and 10% are English. Hindi and vernacular language newspapers offer a local and regional flavor to their readers. The content and circulation of English-language newspapers, on the other hand, are largely focused on the primary urban centers. Approximately 7% of the population in urban areas read English-language newspapers, compared to a readership of only 0.3% of the population in the rural areas. (Source: IRS 2005) In contrast to this, Hindi-language newspapers have a proportionately larger readership in rural areas, in addition to their strong presence in urban areas, with a readership of approximately 15% and 5% of persons in urban and rural areas, respectively. The newspaper industry is regionally divided, with existing players enjoying strong brand loyalty. For e.g. Times of India follows strong brand loyalty in Mumbai and it was difficult for Hindustan Times to enter Mumbai. The newspaper industry has relatively high entry barriers due to the strong brand equity of existing players. Also, existing players have strong control over the distribution network, making it difficult for new players to enter.

Attracting foreign investment Most Indian print players continued to dominate the local regions and did not enter new territories, mainly due to lack of funds. However, foreign investment regulations were relaxed in 2002. Currently, up to 26% foreign direct investment (FDI) is permitted in newspapers and periodicals dealing with news and current affairs. In non-news publications, 100% foreign investment is permitted. Since the changes in the regulation many foreign investors have taken strategic stakes in the domestic print media companies.
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Going forward A booming Indian economy, literate population on the rise, increasing consumerism, entry of global brands in the country and opening of the sector to foreign investors would drive the growth in print media. Also, with newspaper companies entering into newer regions and segments would lead to stronger growth.

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CHAPTER 6 Technology of Production and Distribution Cost structure The nature of the newspaper industry's cost structure is causing the field's current woes and will require transformation in order to reduce fixed costs by outsourcing printing. The current cost structure leaves revenue generation sectors well under funded with content creation and advertising sales receiving just 14 percent and 16 percent of the cash operating costs respectively. On the other hand, 70 percent of costs are devoted to print distribution and corporate expenditure. As revenue from advertising continues to decline the large cost of outsourcing printing is causing huge cash flow problems for newspapers. More recapitalization and closures are imminent unless newspapers can begin to better monetize digital content and cut structural costs to rival increased competition in the news industry. Print media industry desperately needs to increase their cover price, but the only reason for pegging the cost at ~10% of the cost of production is due to the fear that no one will buy them because rival papers may become cheaper. Hence, they are heavily dependent on advertising to take care of costs and generate revenue. Recently, many newspapers revised cover prices. Hindustan, Dainik Jagran and Amar Ujala raised their cover price in Meerut and Dehradun to Rs 3 from Rs 2.50. Similarly, in Bihar and Jharkhand, Dainik Jagran, Prabhat Khabar and Hindustan raised their cover price by 50 paise to Rs 4. The cover price of Hindi dailies in UP and Uttarakhand are expected to go up to Rs 3.50 and those in Rajasthan to Rs 3. English dailies, too, have raised their cover price in many markets, though Delhi seems to be unaffected as of now but for The Hindu which raised the price from Rs 2.50 to Rs 3. The economic downturn appears to have taken a severe toll on the Indian print media industry. It's bleeding, given the conditions across all platforms. With dipping Ad revenues due to the slowdown and high cost structure, the print media industry will
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continue to face pressure for the next two to three quarters. Layoffs and salary cuts may become a necessity for many businesses to survive as they have added substantially to their capacities.

Advertising and Circulation Revenue There are two basic sources of revenue for the newspapers: 1. Advertising. 2. Circulation. The circulation revenue recovers only a part of the cost of producing a newspaper. The bonus of making a profit after all costs is on the advertising revenue. If circulation falls, advertisers shy away from using the medium. On the other hand increases in circulation to take reflect on ad revenue takes time. Newsprint account for about 70% of the cost of production, but any increase in circulation does not decrease per unit cost. Also any marginal increase in advertisement revenue due to increase in circulation is not apparent in the short run. The print media industry will continue to face pressure for the next two to three quarters, as per the analysts. Layoffs and salary cuts may become a necessity for many businesses to survive as they have added substantially to their capacities. Relief on newsprint cost Due to the current economic slowdown impacting the print media industry, the Government has announced special customs duty exemptions for the newspaper & magazine publishing industry. Till now, a custom duty of 3% was applicable on newsprint and 5% on lightweight-coated paper. A special additional duty of 4 per cent was also levied, which has now been waived.

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Newsprint prices, which constitute more than 70% of the cost of producing a newspaper, shot up last year by around 60-65%. The concessions announced by the Finance Ministry include: Full exemption in customs duty on newsprint and glazed newsprint used for printing newspapers Full exemption in customs duty on lightweight-coated paper used for printing magazines. These exemptions will reduce the price burden to some extent and so too the reduction in imported newsprint prices from its peak. Information and Broadcasting ministry came to the rescue of small and medium newspapers by announcing a revised policy of releasing Government advertisements. It increased the advertisement quota of the Directorate of Audio Visual Publicity (DAVP) for small papers from 10% to 15% and for medium newspapers from 30% to 35%. Under the new policy, 35 per cent of DAVP advertisements in rupee terms will be given to regional and other language newspapers against the existing limit of 30%. Under the new policy, all ministries, departments, and subordinate offices of the Government of India can issue tender notices directly to empanelled newspapers at DAVP rates.

Economies of scale and economies of scope A survivor analysis for daily newspapers from 1964 to 1981 indicates that papers with 5,000 or less circulation are withering away, while papers in the 100,000-500,000 circulation size range are less likely to have gained local or national market share, once intercity shifts in demographic variables are considered; no statistically significant increase in the distribution of firms in these ranges is evident. On the other hand, the 10,000-100,000 circulation size classes have experienced substantial increases in the
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number of firms and in market share. The increased number of firms in these classes represents a statistically significant shift in the size distribution of firms, and the log-odds ratio of increased national or local market share for existing papers in this size range substantially exceeds that for papers in the 100,001-500,000 size classes. Finally, the 500,000 plus circulation size class has experienced an increase in market share and an increase in the number of firms. While the shift in the size distribution of firms is not significant, the log odds ratio of increased national and local market share is greatest for this size class. Except for the very largest class, these results are consistent with the conjecture that the new technology of daily newspapers has reduced first copy costs and lowered the minimum efficient scale. This conclusion is buttressed by the performance of firms in the 10,000- 100,000-circulation size range in both national and local markets, and taking intercity shifts in demographic factors into account. Moreover, the second smallest size category, 5,001 - 10,000, while not experiencing a statistically significant increase in the number of firms, did demonstrate a high log odds ratio of increased market share when demographic variables are included in the analysis. The performance of the 500,000 plus circulation size class is difficult to interpret. The economies of scope increases with increase in number of advertisers where they get high return and in turn help in reduction in cost of the newspaper as the processes utilize the same resources.

Value added, logistics and labor The value added for newspapers and magazines are advertisers and readers who are capable of attracting higher revenues or adding to its differentiation. The value added advertisements are commercial ads, festival wishes, birthday wishes and anniversaries. Competitive advantage by identifying issues and providing fast resolutions or actions related to:

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 Raw Paper Inventory: Real-time visibility of paper inventory in warehouses, track inventory cost and availability and evaluate of risks/what-if-analysis and their impact on inventory. Paper Procurement: Optimize planning, supplier short list, and price negotiation, with on-demand information about past performance, costs, and the current state of available paper and demand. Paper Quality and Faults: Alert and informed about faults such as tearing and missprints during set-up and production. Match faults to paper type, grade, roll and supplier. Sell waste/defect paper: Identify opportunities and track metrics related to selling waste paper (e.g. for recycling). Production Performance: Track printers production activity by facility, shift, printer and type of paper. Identify faulty paper, human errors, production quality and efficiency.

Today the distribution in print media industry is viewed as a value added or ancillary service. Ancillary services have been identified a challenge in printing industry for growth opportunity. Distribution is a customer service offering that starts when the job is scheduled. Efficient distribution involves the use of market expertise to negotiate freight rate and logistics services, routing, and overall compilation or management and organization of products and distribution. Other aspects of distribution include warehousing, shipping, inventory management, fulfillment and kit packing. Newspapers require unique definition of their product, information, and financial flows to be adapted to supply chain and other quantifiable management programs. The primary supply chain flow for newspapers is the outbound product flow and its associated information flow. Newspapers have successfully separated subscriber and advertiser cash flow timing from product delivery. As such, all financial flows within the newspaper

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supply chain are either discretionary (how much newsprint and ink inventory is carried), or direct costs resulting from the supply chain in place. The primary components affecting the total supply chain cost for a newspaper are: Inbound Information: advertising, news, editorial, pagination Press Operations: plate making through pressing Packaging Operations: handling, insertion, storage, package design & flow Distribution Operations: transport mode, timing, locations, and handling.

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Balancing time and workflow across the supply chain will yield the largest results. A dynamic cost and process flow model of the newspaper supply chain will be essential in keeping pace with changing needs and demands within the newspaper industry. In print media industry the labor market is highly skilled. Number of employees is the sole basis of the industry. Skilled labors required are press operator, information system analyst, HR, reporter, journalist, editor, librarian, sales supervisor, promotion manager, publisher, general manager, web manager.

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CHAPTER 7 Marketing
Market segmentation, marketing strategies, marketing practices, and marketing concepts specific to the industry. The print media industry has low entry and exit barriers. However, there is intense competition for market share in the industry. Many players are well established in their respective regions and it is difficult for new players to penetrate the market. The market for print media can be segmented based on geography, demographics and psychographics. Many players used technology and marketing strategies to emerge as global giants. In India, the print media industry is in the growth phase. There are a few well-established players in the industry, with each player constantly trying to increase its market dominance. The decision of the Indian government to allow 26% FDI in Indian print media has received mixed response from media houses. Some players strongly opposed the move while others welcomed it. Promoting, advertising, and marketing products or services are the most basic ways to drum up new business. But it should come as no surprise that the vast proliferation of media seen since circa. 2000 has been wreaking havoc with traditional approaches to marketing and promotion. A partial list of the media available to marketers includes, but is not limited to:

print direct mail print catalogs print advertising (magazines, newspapers) Web sites Web advertising (banners and other ads) e-mail direct mail/e-letters search engine marketing (sponsored links on Google, e.g.) broadcast/satellite radio
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broadcast/cable/satellite TV billboards/posters/outdoor advertising point of sale/point of purchase displays word of mouth/so-called viral marketing computer desktop wallpaper advertising on mobile phones/other portable devices ring tones for mobile phones blogs social networking sites (like MySpace) online video (like You Tube) in-game advertising (for videogames) And on and on and on

Part of the marketing problem is that, thanks to inexpensive electronics and display technologies, almost any surface can be a marketing vehicle. After all, consumers are awash in advertising and marketing messages, which all intermingles to create a dense wall of background noise. The Industry Measure has conducted extensive research into media channels and the ways in which those channels are changing. In a recent survey of ad agencies, for example, it was found that:

70% of ad agencies currently use print direct mail (not variable) to market and promote their and their clients services or products;

52% currently use Web advertising (banners, rich media, etc.); 45% currently use outdoor/display advertising (signs, posters, fleet graphics); and 45% also currently use broadcast radio.

Less important shouldnt be construed as meaning unimportant. In todays media mix, its all good. At the same time, some advertisers and marketers are jumping onto whatever new medium comes down the pike, fearful perhaps of missing out on the next big thing. While new media are important to the overall media mix, older established
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media are often still the most effective. This is why a judicious combination of media is the best approach. There are certain guidelines marketers can take to ensure that their media rupees are not spent in vain. First, identify the target audience and think carefully about the best medium/media to reach them. Different demographic groups (age, gender, income, even geographical location) have different media habits. Print may not be the best way to reach certain groups, while the Internet may not be the best way to reach certain other groups. Second, combine media. Relying on just a print direct mail campaign may garner some new business, but combining that with a direct e-mail blast, an outdoor advertising campaign, radio spots, or some other combination of media will help build brand awareness. Third, to keep the advertising message and design elements consistent across media. Using the same logo and logo colors, the same fonts, the same tagline phrasing, the same or similar text, etc., in all your media permutations. This helps with branding and reinforcing the message. At the same time, the adoption of design-once-reuse-many strategy helps save costs on design and lets you get more bang for your buck. In print media industry, newspapers and magazines are difficult to use for direct marketing because the ads have to compete with the clutter of other ads and because the space is relatively expensive, response rates and profits may be lower than in other media

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CHAPTER 8

Innovation
Types of innovation, concepts of innovation relevant to the industry, source of innovation, rate of innovation and economies of scale.

Types of innovation

The Concepts in innovation relevant to the industry are disruptive innovation, process innovation, business model innovation. The newspaper industry is going through a "disruptive" change, a phenomenon that has transformed industries such as retailing, computing, airlines and automobiles. The bad news is that when the dust of disruptive change settles, historically even the best-run companies typically end up in the loser's column. Disruptive innovations typically offer lower performance along dimensions that firms consider critical. In exchange, new benefits are introduced along dimensions such as simplicity, convenience, ease of use, or
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low price. In the media industry, blogs, Google, eBay, Monster.com, and freely distributed commuter papers each fit the pattern of disruptive innovation. Each emerging competitor lacks something that is core to most newspaper companies' value proposition. Some can't match a newspaper's broad distribution network. Others can't compete with the newspaper's detailed reporting capability or local reach. All, however, compete along dimensions of performance that are different than the traditional metrics emphasized in the print newspaper business. Three barriers typically make it difficult for market-leading incumbents to get disruption right: 1. Fail to spot the disruptive change early enough: Disruptive change tends to start innocently at a market's fringes. Market leaders tend to dismiss early disruptive developments because they just don't affect their core business. 2. Fail to allocate sufficient resources towards disruptive offerings: Disruptive innovations often have lower performance and lower prices than established offerings. Companies find it hard to prioritize spending time and money on disruption when they have seemingly attractive opportunities in their core business. 3. Force the disruptive initiative into the existing business model and product concept: Most newspaper companies still focus a disproportionate share of time and attention on their print product. While not ignoring that product, allocating more resources towards new disruptive products makes sense. It seems clear that newspaper companies must re-imagine their content and business models if they hope to succeed. Despite the sense of doom and gloom that pervades the industry today, there are signs of hope. While newspaper readership is declining, information consumption is increasing. Almost every newspaper company has made the transition to the Web, with their properties attracting new audiences and new advertisers. In fact, the interactive nature of the Web allows forward-thinking companies to completely change the way they interact with readers and advertisers. Readers can become content creators and community builders. Web
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sites can serve advertisers that would eschew the static nature of print. Additionally, companies are experimenting with new approaches. Dozens of companies have launched free papers targeted at young readers or recent immigrants. Newspaper companies should look at their local market to identify jobs that people can't get done well today. They should think of the great assets they have at their disposal top-flight journalists, strong brands, in-depth local knowledge, healthy balance sheets and think how they could reconstitute those assets to address important, unsatisfied jobs. The Cost dimension in media product innovation requires a media organization to obtain a cost advantage through product innovation, thus enhancing the probability a media product is chosen. The Value Analysis Model sees cost as the fee incurred in a products life circle. The cost advantage the media product innovation want to realize include low media consumer cost and low media product cost. However, under the usual circumstances, the above-mentioned two costs are in a zero-sum relation -- A decrease of one of them will inevitably cause an increase in the other. Given that, before media cost innovation can be realized, two questions need to be tackled: How to cut media consumer cost, and how to cut media product cost thus caused. Media Product Cost is closely related to the learning curve, experience curve; scale economy, economy of scope and innovation method. This is because: Firstly, as a media organization gains experience in its targeted market, its pinpointing skills will increase and thus can better satisfy the media users needs. Increased targeting skills will consequently reduce the redundancy in the content it produces and increase the efficiency as a media user fulfills its needs while using the content in a given time span. As the content redundancy is cut, the media can offer more space for advertisements, and the medias attraction to ads increases accordingly. Meanwhile, increased accuracy in information collection and processing will greatly cut resources consumed by the reporting and editing team. This deduces the total operation cost of the media organization. As we can see, a media product innovation based on collective intellect (core competence) can cut the cost it pays in learning and
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experience. Secondly, as the scale expands, the media product will see a cost cut, according to the scale economy theory. But essentially an influence economy, the media economy generally operates at a loss at the early stage. Expanding the scale in a free rein will very likely impoverish the media organization; therefore, what it needs is a relative scale advantage rather than an absolute one. So in the media product innovation process, the media organization should try to obtain a relatively efficient scale at a time spell shortest possible while decreasing the possibility of an inefficient scale, exerting a cost control in both aspects. Beijing Times, for example, launched at a very low newsstand price, but latter increased it three times within one year of the launch in order to cut cost in the most. Thirdly, according to the economy of scope, a media product innovation should be conducted within a business scope where a coordination, mutual support, and resources sharing are possible and efficient. Only when this condition is met can a cost cut be realized, otherwise the so-called diseconomies of scope will appear. Therefore, a media product innovation should be carried out on the basis of a media organizations core resources and center on competence strengthening. The overall goal of the innovation is to realize media expansion at a low cost. Fourthly, the media product innovation encompasses independent innovation, emulation innovation and cooperative innovation, with each of them having a different cost-saving ability. Among the three, independent innovation is most expensive, while the latter two are more cost-efficient, imitative innovation in particular. So, cost-centered media product innovation tends to adopt the imitative innovation approach or even a complete imitation in order to reform the media product line. In this approach, to be cost saving, the core product a media organization offers should be uniform with that of its competitors, but can be very innovative in its outer appearance and other benefits it offers. Using this approach, the consumer cost is transferred, and as whole, the product life cycle cost is reduced, and its value increased. In summary, efforts in the four aspects discussed above can, through reorganizing its production elements, help a media organization obtain higher production efficiency and
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cut media product unit cost, thus obtaining a sustainable competition advantage. An examination of the newspaper competition in Nanjing in 1999 shows the cost innovation by some of the competing newspapers in the city was still on the first aspect, and few were on the second aspect. Therefore, thinking about media competition as merely a competition of burning money, to cut the media users cost while ignoring media product innovation is too naive and detrimental both to a medias growth and the nurture of its all-around ability.

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CHAPTER 9

Strategies and competition in the industry

Strategies used in the industry, Porters generic strategies model, porters five forces model and analysis using it, element of industry structure, porters value chain model analysis, swot analysis, concept of generic value chain, concept of growth share market matrix, company position . The pricing of ad space in newspapers has always been tricky. In India, the English dailies are seen as premium and the ad space in these is sold to clients, that are into high end products and hence the ad spaces in English dailies always sells at a premium. To understand these factors which affect the pricing strategies of dailies and bundles of dailies models were created during the course of the study based on rate cards of Indian newspapers. The model developed to identify pricing strategy of dailies used circulation, size of the ad and the location of the ad on the newspaper as some of the key factors of determination. The model was developed by regressing ad rates with the above mentioned factors. Brand image, duplication of readership and area of circulation were some of the additional factors that were considered while developing a model for the pricing of bundled services. Since these variables were qualitative, dummy variables were assigned and regression of these multi variables was done using SPSS. The models developed helped in identifying the intensity of impact of each factor on ad rates and the discounts offered. But on a practical case, the impact deduced was on a smaller scale. It was found, through interviews, that client relationship actually plays a key role than the above mentioned factors. Thus the empirical model developed helped identify the correlation between the factors mentioned and the ad rates and the base rate on which all these factors are applied depends in personal relationship between the publisher and the advertiser.

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SWOT Analysis STRENGHT: Supply creates its own demand. High degree of market coverage. Service and flexibility. Revenue increases with increase in number of advertisements. Products can easily be recycled.

WEAKNESS Skilled labor Short life span of the product. Circulation.

OPPORTUNITY Digital space technology. Innovation Growing mass media Value adding Online newspapers

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THREAT Economic downturn. Consumer migration to TV media. Radio Porters generic strategies model Generic strategies were used initially in the early 1980s, and seem to be even more popular today. They outline the three main strategic options open to organization that wish to achieve a sustainable competitive advantage.

The generic strategies are: 1. Cost leadership, 2. Differentiation, and 3. Focus 1. Cost leadership In the case of media products, means they should be offered at a price lower than their competitors but with as good benefits, or, the unique benefits the media products offer can over-offset the premium.
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2. Differentiation Differentiation in media refers to when a media organization provides unique benefits to the media users through product innovation. This is to increase the probability of the media users to choose the product. A media organization with a target user loyalty can concentrate more on how to fully meet the target users needs rather than on product cost saving. 3. Focus Focus strategy is also known as a 'niche' strategy. The clutter of ads has now spilled out on the number of channel availability due to which people are spoilt for choice. Thus Niche channels are the only way to maintain viewer loyalty. Some premium-branded newspapers, a bit like The Sunday Times is more niche-orientated.

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Porters five-force model The five forces which one must consider to analyze any industry are the rivalry between the firms within the industry being analyzed, the bargaining power of buyers, the bargaining power of suppliers, the threat of substitute products or services, and the threat of new entrants (also known as barriers to entry). They are also shown in the diagram below. Initially propounded by Harvard Business School Professor Michael Porter, the Five Forces framework has been accepted as a strategic framework, which one can apply to analyze any industry.

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Let's consider rivalry within the industry first. It is common sense to assume that if the rivalry is intense, average profitability will reduce. In other words, to increase profitability, firms within an industry may have to coordinate for collective good. For example, if the firms want to avoid costly price wars, which will ultimately reduce profits for all firms, firms need to coordinate. However, this is easier said than done. Frequently, in an industry, comprising of firms large and small, smaller firms tend to lower prices to increase market share, and ultimately larger firms follow. Bargaining power of suppliers and customers always needs to be considered, while analyzing any industry. The threat of substitutes is important while analyzing an industry. Currently, with the onslaught of the Internet, traditional media like print and TV are under attack. Online advertisers like Google and Yahoo!, two well-known Internet companies, are ensuring that more and more advertising move to the World Wide Web, at the cost of print and TV advertising. In short, the Internet and the mobile Internet have emerged as real substitutes to reading newspapers and magazines and watching TV.

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Concept of generic value chain

A value chain is a chain of activities for a firm operating in a specific industry. The business unit is the appropriate level for construction a value chain, not the divisional level or corporate level. Products pass through all activities of the chain in order and at each activity, the product gains some value. The chain of activities gives the products more added value than the sum of added values of all activities. It is important not to mix the concept of the value chain with the costs occurring throughout the activities. The value chain categorizes the generic value -adding activities of an organization. The "primary activities" include: inbound logistics, operations (production), outbound logistics, marketing and sales (demand), and services (maintenance). The "support activities" include: administrative infrastructure management, human resource management, technology (R&D), and procurement. The costs and value drivers are identified for each value activity. The value chain framework quickly made its way to the forefront of management thought as a powerful analysis tool for strategic planning.

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Concept of growth share matrix (BCG model) Also called the BCG Matrix, it provides a useful way of looking at the opportunities, and helps analyze which segments of the business are in a good position and which ones arent. That way, one can decide on the most appropriate investment strategy for the business in the future, and where best to allocate the resources. Market share is the percentage of the total market that is being serviced by the company, measured either in revenue terms or unit volume terms. The higher the market share, the higher proportion of the market one can control. The Boston Matrix assumes that if one enjoy a high market share they will normally be making money (this assumption is based on the idea that you will have been in the market long enough to have learned how to be profitable, and will be enjoying scale economies that give you an advantage). The Boston Matrix categorizes opportunities into four groups, shown on axes of Market Growth and Market Share:

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These groups are explained below: Dogs: Low Market Share / Low Market Growth: In these areas, market presence is weak, so it's going to take a lot of hard work to get noticed. Also, one won't enjoy the scale economies of the larger players, so it's going to be difficult to make a profit. Cash Cows: High Market Share / Low Market Growth: Here, they are well-established, so it's easy to get attention and exploit new opportunities. However it's only worth expending a certain amount of effort, because the market isn't growing and opportunities are limited. Stars: High Market Share / High Market Growth: Here they are well-established, and growth is exciting! These are fantastic opportunities, and one should work hard to realize them. Question Marks (Problem Child): Low Market Share / High Market Growth: These are the opportunities no one knows what to do with. They aren't generating much revenue right now because they don't have a large market share. But, they are in high growth markets so the potential to make money is there. Question Marks might become Stars and eventual Cash Cows, but they could just as easily absorb effort with little return. These opportunities need serious thought as to whether increased investment is warranted.

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CHAPTER 10 Business Environment

PESTEL Model Political factor: To understand media, we need to understand the political environment in which they operate. The media industry may not want government regulation in some matters, but in this case it certainly does want government intervention. The governments protection of copyright is crucial to the continued functioning of the media industry. Without government enforcement of copyright laws, the for-profit media industry would be unable to survive. Thus, the relationship between government and media is more complex than a simple freedom of the press slogan might suggest. To make sense of it, we must understand the constitutional notion of freedom of the press in historical context. Economic factor: For most of the 20th Century, newspapers were the primary source of information for the public. Whether the subject was sports, finance, or politics, newspapers reigned supreme. Just as important, their ads were the easiest way to find job opportunities or to learn the price of groceries at your town's supermarkets. The great majority of families therefore felt the need for a paper every day, but understandably most didn't wish to pay for two. Advertisers preferred the paper with the most circulation, and readers tended to want the paper with the most ads and news pages. Thus, when two or more papers existed in a major city (which was almost universally the case a century ago), the one that pulled ahead usually emerged as the stand-alone winner. After competition disappeared, the paper's pricing power in both advertising and circulation was unleashed. Typically, rates for both advertisers and readers would be raised annually and the profits rolled in. For owners this was economic heaven.
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Social factor: Social factors influence people's choices and include the beliefs, values and attitudes of society. So understanding changes in this area can be crucial. Such changes can impact purchasing behavior. Consumer attitude is very important social factor. Technological factor: Technology is increasingly competing with print media by opening access to endless sources of news. It may now seem that the need of the reader to buy a newspaper for news and the need of the advertiser to advertise in it is slowly receding. Thus it is for the newspapers to look at emerging options and to rework their traditional sources of revenue. Environmental factor: Newspapers face significant challenges on the back of economic slowdown and the consequent slowdown in advertising revenues, especially in the last quarter of 2008. Print media industry has to adapt to a fast-moving environment and players need to draw upon new capabilities to survive in this environment. Legal factor: As a measure of policy liberalization, Government has allowed Indian edition of foreign news magazines for facilitating wider readership at affordable prices. Also, Government has recently announced facsimile edition of international news papers to be brought to be India. Government has reviewed the print advertisement policy and brought about changes to support small and medium newspapers. As per that policy, advertisement support has been increased from 10% to 15% for Small newspapers and from 30 to 35% for Medium newspapers, in money terms. Minimum publication period requirement drastically reduced from 36 months to 6 months for regional languages newspapers.

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CHAPTER 11

Critical success factors

1. Content: Niche channels are the only way to differentiate content and have a captive audience. The clutter of ads has now spilled out on the number of players due to which people are spoilt for choice. Thus Niche channels are the only way to maintain readers loyalty. 2. Consumerism: Increased consumerism and Multiplication of players is leading companies to increase their ad spend to create brand recall. This in return means more revenues for the media companies fueling further growth. 3. Pricing: Prices in India whether it is for cable connection, film tickets or newspapers remain one of the lowest in the world though huge volumes compensate for low prices. With increased purchasing power of the India urban class as well as the rural people, and the expendable income, prices will increase with increase in choice. 4. Regulations: Print has already opened for FDI ranging from 26% to 100% equity stake. With more and more players jumping on the bandwagon, even for abroad, the regulations will be relaxed and the industry will be a much bigger one. 5. Technology: Use of technology for special effects, animation and other creative work leading to better quality of media products. Digital technology is increasingly competing with print media by opening access to endless sources of news. It may now seem that the need of the
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reader to buy a newspaper for news and the need of the advertiser to advertise in it is slowly receding. Thus it is for the newspapers to look at emerging options and to rework their traditional sources of revenue.

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CHAPTER 12

Appendices
SHARE OF ADVERTISEMENT IN DIFFERENT MEDIUM: MEDIUM 2011 TV PRESS RADIO 40.7 46.9 3.2

CINEMA 0.7 OUTDOOR6.8 INTERNET1.7

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GROWTH RATE OF ADVERTISEMENT REVENUE IN DIFFERENT MEDIUM:

Medium TV Press Radio Cinema Outdoor Internet Total

Year of growth in 2011(%) 22 18 40 50 14 45 20

Leading newspaper in India

Figure READERSHIP (MILLIONS)

VERNACULAR DAINIK JAGRAN DAINIK BHASKAR EENADU LOKMAT 21.2 21 13.8 10.9
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AMAR UJJALA HINDUSTAN DINAKARAN RAJASTHAN PATRIKA ENGLISH TIMES OF INDIA THE HINDU

10.8 10.4 9.6 9.4

7.4 4.1

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Bibliography
Reference: Advertising and promotion by George & Michael Google www.indiastat.com www.allindianewspapers.com www.economywatch.com www.docshoc.com www.pluggd.in www.scribd.com www.quickmba.com 1. ^ "World Newspapers and Magazines". Worldpress.org. Retrieved 30 December 2006. 2. ^ "India's 15 most-read newspapers". Rediff. Retrieved 5 December 2010. 3. ^ "Corporate Profile". Jagran Prakashan Ltd. Retrieved 2010-0716.[dead link

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