Hindu Presentation 12

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Transcript of Hindu Presentation 12

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    Prepared by:-

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    CONTENTS

    OBJECTIVES OF THE STUDY

    INTRODUCTION

    ORANIZATION PROFILE

    PRODUCT PROFILE

    SWOT ANALYIS

    EVALUTION OF FINANCIAL NEWS PAPER

    BRAND BUILDING

    CUSTOMER FEEDBACK

    FINDING

    SUGGESTION

    CONCLUSION

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    OBJECTIVE OF STUDY

    To the target market of Business Line.

    To identify the segment of Business line.

    To create awareness of Business line Newspaper

    To learn different marketing techniques

    To learn the scratch work of hard core corporate selling

    strategy making in actual competitive market

    To apply the theoretical knowledge in to the practice

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    ORGANIZATION PROFILE

    Business Line started publishing in 1994 by The Hindu group in

    Mumbai

    It has a circulation of around 185,000 copies. Circulation of

    Business Line on Sunday is higher than other days.

    Business Line is published from 17 locations: Bangalore,

    Chennai, Coimbatore, Hubli, Hyderabad, Kochi, Kolkata,Kozhikode, Lucknow, Madurai, Mangalore, Mumbai, Noida,

    Thiruvananthapuram, Tiruchirapalli, Vijayawada and

    Visakhapatnam.

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    BUSINESSLINE Online has been on the World Wide Web sinceJune 1995. It attracts 14 million page views per month acrossthe globe.

    It is priced at Indian Rupees 4 ($0.07) on weekdays andSaturdays and Indian Rupees 5 ($0.09) on Sundays

    While other newspapers like The Economic Times and TheFinancial Express price their Saturday and Sunday editions at

    Rs.7 to Rs.10, Business Line has traditionally priced the papersame throughout the week. Other Business newspapers likeMint and Business Standard don't Publish on Sundays

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    PRODUCT PORTFOLIO

    About business line newspaper (Mumbai publication)

    Newspaper which publish Monday to Sunday

    Price weekday in 4 and Sunday is 5

    Exclusive Page daily on: Daily 2 page on Equity Markets

    corporate, Marketing, Information Technology,Logistics,Agri-

    Business, Money Banking, Commodities, news from various

    state and variety

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    Additional Supplement with newspaper

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    SWOT ANALYIS OF BUSINESS

    LINESTRENGTH WEAKNESS OPPORTUNITY THREAT

    Systematic approach

    covering all sectors.

    Lack of brand awareness Can give an extra page on

    Mumbai related news

    New market entrants

    Separate Money Bankingsection

    High price as compare tocompetitors

    Can have tie-ups withrenowned brands for ads.

    Toughest CompetitionFrom The Economic

    Times

    Provide general

    awareness in terms of

    investment.

    NO separate sheet for

    government tenders

    Can give the more

    information related

    logistics and commodities

    to attract logistics sectors

    Low Pricing Strategy

    main covers on

    investment market ,

    personal finance &

    mutual funds etc on

    Sunday newspaper

    Can give the separate

    sheet for government

    tender

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    EVALUATION OF FINANCIAL NEWSPAPER

    No. PARAMETER BUSINESS LINE ECONOMICS

    TIMES

    BUSINESS

    STANDARD

    FINANCIAL

    EXPRESS

    MINT

    1 PRICE Weekdays - 4 Rs.

    Sunday -5Rs

    Weekdays -

    3..5 Rs.

    Saturday 8 Rs.

    Weekdays

    3.5 Rs.

    Weekend -6Rs.

    Mon to Fri -4

    Rs.

    Sat- 6 Rs.Sun 8 Rs.

    Weekdays 3

    Rs.

    Weekend -5Rs.

    2 OWNER Kasturi & Sons Ltd Bennett

    Coleman &

    Co. ltd.

    Kotak

    Mahindra

    Group

    Indian Express

    group

    K. K. Birla

    Group

    3 STOCK MARKET

    ANALYSIS3-4 Pages Six pages BS 200, 8 full

    page of share

    details

    Six pages Four pages

    4 NEWS Business + General Business +

    General

    Only Business Business Business +

    General

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    EVALUATION OF FINANCIAL NEWSPAPER

    5 PUBLISHERS The Hindu group The Times

    Group

    Business

    Standard Ltd

    Indian Express

    group

    HT media Ltd

    6 PAGES (avg) 20-22 20-25 20-24 18-20 28-30

    7 COLOUR OF

    PAGESWhite Pink Pink Pink White

    8 LANGUAGE Easy Moderate Easiest Moderate Easy

    9 NO. OF LOCATION

    OF PUBLICATION14 cities 11 cities 12 cities 10 cities 8 cities

    10 POSTION IN

    MARKET4th 1st 2nd 5th 3rd

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    In this 2 month after meeting various people in the field, I gotmixed response about business line newspaper like

    Subscription price is too high as compare to competitors likeEconomic times ,mint etc

    In business line there is no separate sheet for governmenttenders, in other business newspaper like economic time issue

    separate sheets for tenders

    There is not more information about real estate.

    No. of pages are less as compare to other financial paper

    CUSTOMERS FEEDBACK

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    FINDINGS

    Business line is having excellent quality and content as compare

    to any other news paper.

    Compared to Economic Times, brand awareness of Business line

    is less.

    Stock market news is the most preferred attribute in financial

    newspapers.

    News coverage is given more importance while choosing a

    newspaper.

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    SUGGESTIONS

    The company should do more brand building activities to

    increase brand awareness.

    The Stock Market analysis in Business Line is excellent and

    considered to be the best among all the papers. So must use

    this strength in marketing.

    Decrease price of subscription , yearly subscription price in too

    high as compare to economics times , so capture more market

    or compete economics times decrease subscription pricebecause economics times is well established in Mumbai , have

    good image in customer mind , so build good image or capture

    market decrease subscription amount is necessary

    if you decrease price or give 650 Rs for 2 year subscription

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    CONCLUSION

    Promotional scheme offered to the customers helped

    increasing the circulation of Business Line .

    Finally looking at the acceptance of promotional scheme of

    Business Line, I conclude that the scheme offered was mostly

    liked by the readers and ultimately most of them weresubscribing to it.

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