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Goodricke Modern Trade
Goodricke Modern Trade
By:
Arnab Goswami
B.Tech (MAE) + MBA [2010-15]
Enrollment No: A2325010014
Roll No: D/10289
Project Objectives
The initial objective of this project was to study the
different types of Packet Tea of Goodricke Group
Limited found in Modern Trade Outlets in Kolkata.
To study the competitors of Goodricke in the Packet
Tea market.
To know the customer response to the brand.
To know the customers perception and awareness of
Goodrickes Packet tea.
To analyse the performance of Goodricke Group
Limiteds packet tea products with respect to
competitors using the help of market survey and
research in the city of Kolkata.
Field Work
Goodricke Group Limited has a few distributors for
the market in Kolkata.
PS Enterprise is one such distributor enterprise
which is responsible for the Modern Trade market
in Kolkata. PS Enterprise employee, Mr Biplab
Sarkar, with whom the research was carried out, is
the Sales In charge for Goodrickes Packet Tea
department.
The market research was done with him during the
time he served the standalone departments stores
across the city every day.
The Sales-In charge covered 4-5 different stores
each day from Monday through Saturday.
Route Covered
Number of Outlets
EM Bypass, Baghajatin.
Garia, Patuli
Tollygunge, Alipore
Lansdowne
Packaging Type
Weight(in gms)
Roasted Darjeeling
Plastic Jar
250
180
Plastic Jar
100
80
Tea Bags
Thurbo Darjeeling
Premium Darjeeling
25
50
Packet
250
155
Packet
250
190
100
90
250
125
Packet
Tea Bags
Tin Box
150
25
46
250
500
100
250
Tea Bags
Tin Box
100
100
100
650
525
Products Category
Products Category
Sales
The following products sell best at
the modern retail outlets:
Roasted Darjeeling
Thurbo Darjeeling
Premium Darjeeling
The following products sell
reasonably at the modern trade
outlets:
Khaass Exclusive Assam CTC
Barnesbeg Green Tea
Castleton (Exclusive, Blue,
Black)
The following products sell slowest
at the modern trade outlets:
Chai
Zabardast
Promotional Offers
Buy TWO Goodricke
Roasted Jars (250gm)
and get a Roasted 25
Tea Bags Pack worth
Rs.50 FREE.
Buy Goodricke Khaass
CTC Tea (250gm) and
get 250 gm Sugar
FREE.
Buy Goodricke Khaass
CTC Tea (250gm) and
get Tupperware FREE.
SWOT Analysis
Observations
Darjeeling products, especially Roasted, Thurbo, and Premium
sell out quite fast.
The company faces stiff competition from HULs Brooke Bond
and Tata Tea in CTC products.
Customers are well aware about the availability of Goodricke
in the market.
Customers had pointed out that Goodricke tea is affordable.
Goodricke teas Darjeeling drinkers are not going to shift
easily to other brands and also urge friends and relatives to
drink the same.
The same cannot be said about CTC tea (Khaass, Chai,
Zabardast) as it was seen that customers preferred Brooke
Bond or Tata Tea products in the CTC category and do not
want to shift towards the newly launched Khaass Exclusive
Assam CTC Tea.
Quality of the tea and the superior packaging styles of
Goodrickes Darjeeling Tea products in wooden boxes and tin
cans are inspiring factors.
Recommendations
There is a strong need for television ads and other forms
of advertisements for Goodricke products, discounts and
offers.
Goodricke must focus strongly on making sure that all
their SKUs are present at least in the category primary
non-paid visibility at all times in all the 3 Modern Trade
chains (Spencers, Arambagh, Big Bazaar).
Increase the use of secondary visibility (End caps, 4-way
browser, 2-way browsers and Crocodile bins).
The company employs 3 promoters or sales-person for
Spencers who keep rotating between the 6 big Spencers
hyper stores. The company may hire at least 2 more for
Spencers hyper and 1 for Metro Cash N Carry.
Point of sale material was nowhere to be seen and it
was found that the company does not currently use that
form of promotion. Point of sale promotion (next to checkout counters) is a step that could be used to draw the
Recommendations
Distribute free samples to customers at the modern
trade stores.
Develop alternate channels to reach the doorsteps of
consumers like Petrol Pumps, Army Canteens and
Indian Railways by providing free cups of tea.
Create exclusive brand imagery by promoting packet
tea category with the help of advertisements in
Newspapers, Local Magazines, Display inside and
outside the stores, etc.
Aim for the youth and generate their attention by
promoting via social networking websites like Facebook,
Twitter, etc.
Goodricke has already tied up with IRCTC (Indian
Railway Catering & Tourism Corporation) and CSD
Army (Canteen Stores Department). The company
can also tie up with :-