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Transcript of A Study on Readers
A Study On Readers’ Satisfaction with Special Reference to Ananda
Vikatan Magazine
.
A Summer project submitted to the university of madras.
In partial fulfillment of the requirements for the award of
Master of Business Administration
Submitted by
P. RATHINASEKARAN
(REG.NO:MA00469)
Under the guidance of
Prof. Mrs, Niramla Suryanarayanan M.B.A M.phil.,
NEW COLLEGE INSTITUTE OF MANAGEMENT
(Affiliated to University Of Management)
#87,PETERS ROAD,ROYAPETTAH,CHENNAI-600 014.
JUNE-2011.
CERTIFICATE
This is to certify that this project title, “A STUDY
ON READER’S SATISFACTION WITH SPECIAL
REFERENCE TO ANANDHA VIKATAN
MAGAZINE”. This is a bonafide record of the project
work done by P.RATHINASEKARAN Register number
MA00469 In the partial fulfillment of requirement for the
award of “Master of Business Administration”.
FACULTY GUIDE DIRECTOR
Assistant proffesor
Mrs.NIRMALA
SURYANARAYANAN
M.B.A., M.PHIL
Internal examiner External examiner
DECLARATION
P.RATHINASEKARAN, Student of the department Business
Administration, New College institute of management,
Royapettah, Chennai-14, I Hereby declare that the project work
entitled “A STUDY ON READER’S BEHAVIOUR WITH
SPECIAL REFERENCE TO ANANDHA VIKATAN
MAGAZINES” in partial fulfillment of Master of Business
Administration Course under the University of Madras in the
original project done independently by me under the guidance of
Place:
Date: P.RATHINASEKARAN
ACKNOWLEDGEMENT
First of all, I would like to thank almighty for the graceful benediction showered on me in finishing the project successfully.
I sincerely thank Dr. BALASURBRAMANIAM
I owe my deepest gratitude to Mrs. NIRMALA SURYANARAYANAN M.B.A., M.PHIL whose encouragement, guidance and support from the
initial to the final level of the project enabled me to attain lot of knowledge. This project would not have been possible without his dedicated guidance.
He has been a source of inspiration throughout.
I would also like to show my gratitude to Mr. SRIDHAR circle manager of vasan publication Pvt.Ltd for having extended all facilities and valuable
suggestions during the project work.
Feeling gratitude and not expressing it is like wrapping a present and not
giving it, hence I would like to thank Mr SHAFEEQ and Mr SARFARAZ
for their constant support in overcoming technical difficulties.
Last but not least I thank all the respondents for their co-
operation.
- P. RATHINASEKARAN
INTRODUCTION OF THE STUDY
The marketing concept holds that the key to achieving its
organizational goals consists of the company being more effective than
competitors in creating; delivering communicating superior customer value
to is chosen target markets. It has been expressed in many colorful ways.
“Find wants and fills them”
“Love the customer not the product”
“Putting people first”. (British airways)
The marketing concept rests on four pillars target market, customer
needs integrated marketing, profitability.
The aim of marketing is to meet and satisfy reader’s needs and wants.
Understanding the reader’s satisfaction of the target market is the essential
task of marketing managers. The readers market consists of all the
households and individual’s who read the magazines differ tremendously in
income, education level, taste and age. So it is necessary for the markets to
divide the readers into so many groups and to develop the magazine and
designed to suit their needs.
OBJECTIVES OF THE STUDY
Primary objective:
To study the overall reader’s satisfaction of “ANANDHA
VIKATAN”magazine” with special reference to Chennai city.
SECONDARY OBJECTIVES:
To ascertain the reader’s perception and opinion of “16plus ENERGY
PAKKANGAL” section in “ANANDHA VIKATAN” magazine.
To find out the market success of the new modified look and features of
the magazine
SCOPE OF THE STUDY
The study is conducted only in Chennai metropolitan city.
The research pertains to “ANANDHA VIKATAN”
magazine.
The study is carried out with the view to reflect the
expectations, experience and satisfaction levels of the
magazine.
The scope of the study is to find out the overall satisfaction
of the magazine.
LIMITATIONS OF THE STUDY
Since the time period is limited, the researcher has done the
research for one month.
The sample size data has been collected only from 150
readers.
Due to the above limitations the researcher feels that
generalization cannot be made to a great extent.
COMPANY PROFILE
PROFILE OF VIKATAN GROUP
A Brief History of the promoters:
Mr.puthur vaithyanatha Iyer promoted Ananda vikatan in 1926 as a
Mothly magazine exclusively catering to about 1500-odd yearly
subscribers.
Mr S.S.Vasan, (promoters of ‘gemini studios’ which produced
blockbusters like ‘chanderalekha’ in 1947 , better known as the Cecil B.De
mille of India’) was then a fiction writer, used to canvass for subscriptions
for Ananda vikatan as well as market for advertisement for the magazine to
carry, as a freelancer.
In 1928, Mr. vaithyanatha Iyer found the going tough. Mr.S.S.Vasan
offered to buy Ananda vikatan. The consideration fixed was Rs.200. From
then, the magazine grew from strength to strength. No surprise that his
investment into Ananda vikatan proved wise as it eventually enabled
Mr.Vasan to buy ‘Gemini studios’ Ananda vikatan is today, a household
name in Tamilnadu..
Since 1956,our Managing director, Mr.s.Balasubramanian has been
stewarding the growth and diversification of vasan publication private
Limited, the proprietors of Ananda Vikatan . In 1983, he launched ‘junior
vikatan’, a socio-political newsmagazine and an antithesis of the flagship
household entertainer ‘Ananda Vikatan’. It was runaway success that today
provides a third of the over all revenue for the company.
Our joint managing Director, Mr.B.Srinivasan joined vasan publication
private Limited in August 1990 . In the decade that has passed, he has been
instrumental in diversifying and maximizing the brand potential of the
group. Keeping in pace with economic developments Mr.B.Srinivasan
promoted;
Vikatan Tele vistas private Limited for producing And telecasting of
TV films.
Vikatan.Com private Limited for serving our readers Through Internet.
Vikatan Media service Private Limited for marketing of advertisement
for Vikatan Group.
The Vikatan Group today publishes 8 Tamil magazine with a
combined weekly sales of over 1 million and readership of over 10 million
and were printing “ The Economic Times’’ from Chennai for the period
1994 to 2001.
ANANDA VIKATAN (WEEKLY):
Ananda vikatan, a reputed home magazine with a circulation of
around 4.35lakhs copies celebrated its 75th year of its publication in2002.
At Present, as per the Audit Bureau of Circulations (ABC), Mumbai Ananda
Vikatan is the highly circulated magazine in the weekly Tamil magazine
category.
JUNIOR VIKATAN (TWICE A WEEK):
Vasan Publication Private Limited started publishing
Junior Vikatan, a news weekly magazine in tamil, in February 1983.Junior
Vikatan periodicity was changed to twice a week from January1995.
Junior Vikatan has filed several public Litigations and has got the relief for
the needy people. Through its investigative journalism, it has alerted the
Government on matters affecting the public
AVAL VIKATAN (FORTNIGHTLY MAGAZINE):
From September 1998, we are publishing a women Magazine “Aval
Vikatan”, which is being received well by our readers
CHUTTI VIKATAN (FORTNIGHTLY FROM 01/04/2005):
Chutti vikatan, an exclusive magazine for children’s was launched on
14th November 1999 as a monthly magazine. Now, it is a fortnightly
magazine effective from 01/04/2005.
SAKTHI VIKATAN (BI MONTHLY):
Sakthi Vikatan an exclusive religious magazines was
launched in Apirl 2004. It released to the market on every New Moon day
and Full Moon day, keeping in mind the religious sentiments
NAANYAM VIKATAN:
Naanayam vikatan is financial magazine was launched in Dec
2005 . It is released to the market twice in a month.
MOTOR VIKATAN :
Motor vikatan is automobile related magazine was
launched on Jan 2007 . It released to the market once in a month.
PASUMAI VIKATAN:
Pasumai vikatan is agricultural related magazine started in
Jan 2007 and released to the market in a month.
VIKATAN GROUP OF MAGAZINES
ANANDA VIKATAN
JUNIOR VIKATAN
AVAL VIKATAN
CHUTTI VIKATAN
SAKTHI VIKATAN
NAANAYAM VIKATAN
MOTOR VIKATAN
PASUMAI VIKATAN
The following pages contain details and front covers of the above vikatan group of
magazines.
REVIEW OF LITERATURE
MARKETING
Marketing shapes consumer needs and wants versus marketing merely
reflects the needs and wants of consumers. Marketings needs to influence
these other departments to co-operate in delivering customer satisfaction
marketing is the art of attracting and keeping profitable customers.
MARKETING RESEARCH
Marketing research is a part and parcel of the most important function
of the most important of marketing via; marketing intelligence but it does
not play a sub-ordinate role in the modern framework of the whole
marketing system. It can be applied in the solution of different marketing
problems that are forced in carrying out the business.
DEFINITION OF CONSUMER
Peter.F.Drucker was apt in saying, “It is the consumer who
determines what a business is what the customer thinks he is buying what he
considers and value is decisive it determines what a business is what it
producers and whether it will prosper”.
CUSTOMER
Is the ultimate user Kotler says, “The most important thing to satisfy
customer is to forecast where customer are moving and to be in front of
them”
“It is no longer enough to satisfy customer you must delight them”.
Kotler.
WHO IS CUSTOMER?
A customer is the most important person ever in this office in Person
or by mail.
A customer is not dependent on us we are dependent on him.
A customer is not an interruption of our work he is purpose of it we
are not doing a favour by serving him he is doing us a favour by
giving us the opportunity to do so.
A customer is not someone to argue or match wits with nobody ever
won an argument with a customer.
A customer is a person who brings us his wants. It is our job to handle
them profitably to him and to ourselves.
HOW TO MAKE EVERY CUSTOMER A SPECIAL CUSTOMER?
S peed
P ersonaliseE seed expectationsC ompetence and courtesyI nformationA ttitude – “can do”L ong term relationship
VALUE CHAIN
A major tool for identifying ways to create more value.
CUSTOMER DELIVERED VALUE
The consumer’s assessment of the product’s over all capacity to satisfy
his or her needs. The difference between total customer value and total
customer cost of a marketing offer-“profit” to the customer.
CUSTOMER DELIVERED VALUE:
Total Customer Value (Product, services,
personnal & Image
Values)
Minus Total Customer Cost (Monetary, 0..Time,
Energy & Psychic
Costs)
Equals Customer Delivered
Value.
Factors influencing (customers) Buyer behaviors:
Cultural
Social
Personal and
Psychological.
Research in to all these factors can provide clues to reach and serve
consumers more effective.
FOUR TYPES BUYING BEHAVIOUR:
Significant difference
between brands
High involvement
complex buying
behaviour
Low involvement
variety seeking buyer
behaviour
Few difference between
brands
Dissonance- Reducing
buyer behaviour
Habitual buying
behaviour
Five stages model of the customer buying process:
Problem recognition
Information search
Evaluation of alternatives
Purchase decision
Post purchase behavior
Customer satisfaction depends on the product’s perceived performance
in delivering value relative to a buyer’s expectations. If the product’s
performance falls short of the customer expectations the buyer is
dissatisfied.
The extent to which a product’s perceived performance matches a
buyer’s expectations. If the product’s performance falls short of
expectations, the buyer is dissatisfied. If performance matches or exceeds
expectations, the buyer is satisfied or delighted.
CUSTOMER SATISFACTION
Customer satisfaction is both a goal and marketing tool. Companies
that achieve high customer satisfaction stings make sure that their target
market knows it.
Customer satisfaction is the outcome felt by buyers who experience a
company performance that fulfills expectations. Customer is satisfied when
their expectations are met and delighted when their expectations are
exceeded. Satisfied customer tends to remain loyal buy more and less price
sensitive and talk favorably about the company.
To deliver customer value and satisfaction, companies must manage
their own value chains and the entire value delivery system in a customer
centered way: the company’s goal is not only to get customer but, even more
importantly, to retain customers. There is a very high cost from lost
customers.
Customer relationship marketing provides to key to retaining
customer and involutes building financial and social benefits as well as
structural ties to customers. Companies must decide the level at which
decide the level at which they want to build relationship with different
market.
CUSTOMER SATISFACTION TOOLS FOR
TRACKING AND MEASURING
Complaint and suggestion system
Customer satisfaction surveys
Ghost shopping
Lost customer analysis.
CUSTOMER CONCEPT
Individual Customer One to One Profitable
Customer Needs and Marketing growth through
Values Integration capturing
And value customer share
Chain Loyalty and
Lifetime value
“ A news paper subscription replaces the need to buy a news paper each day
to create long term contracts”.
Starting Focus Means EndsPoint
BUILDING PROFITABLE CUSTOMER RELATIONSHIPS:
A company’s demand comes from two groups new
customers and repeat customers. Traditional marketing theory and practice
have focused on attracting new customers and making the sale. Today,
however the emphasis is shifting. Beyond designing strategies to attract new
customers and create transactions with them, companies now are going all
out to retain current customers and build lasting customer relationship
Quality is the totality of features and characteristics
of a product or service that bear on its ability to satisfy stated or complied
needs. Today’s companies have no choice but to implement total quality
management programs if they are to remain solvent and profitable. Total
quality is the key to value creation and customer satisfaction
The company’s assets have little value without the existence of
customers. Customer are attracted through competitively superior offerings
and retained through satisfaction
Tom peter’s calls it : “A customer that goes ‘WOW’
when they deal with your organization”. This kind of customer will come
back to you, will tell their experience and will become an advocate for your
business – an unpaid salesperson.
It is vital that to achieve customer satisfaction quickly … if you get
the opportunity to fix a problem.. you do it quickly!
Table 1
“AGE OF RESPONDENTS”
AGE No.of respondents Percentage
15-25YEARS 67 45%
25-35YEARS 36 24%
35-45 years 21 14%
ABOVE 45 years 26 17%
TOTAL 150 100%
Source: Questionnaire
INFERENCE:
From the above table we can find that 45% of the readers
are 15-25years, 24% of them are 25-35years, 14% of them are 35-45years
and 17% of them are above 45years.
Table 2
“GENDER OF THE RESPONDENTS”
SEX No.of respondents Percentage
MALE 95 63%
FEMALE 55 37%
TOTAL 150 100%
Source: Questionnaire
INFERENCE:
From the above table we get to know that 63% of the
respondents are male and 37% of them are female.
Table 3
“EDUCATIONAL QUALIFICATION OF THE RESPONDENTS”
EDUCATIONAL
QUALIFICATION
No.of respondents Percentage
GRADUATE 75 50%
POST GRADUATE 47 31%
OTHERS 28 19%
TOTAL 150 100%
Source: Questionnaire
INFERENCE:
From the above table we get to know that 50% of the
respondents are graduate, 31% of them are post graduate and 19% of them
are others.
Table 4
“OCCUPATION OF THE RESPONDENTS”
OCCUPATION No.of respondents Percentage
Executive and
professional
33 22%
salaried 47 31%
student 50 33%
others 20 14%
TOTAL 150 100%
Source: Questionnaire
INFERENCE:
From the above table we get to know that 22% of the respondents are
executive and professional, 31% of them are salaried, 33% of them are
students and 14% are others.
Table 5
“INCOME OF THE RESPONDENTS”
Income No.of respondents Percentage
BELOW 5000rs 6 5%
5000-10000rs 51 46%
10000-25000rs 28 24%
ABOVE 25000rs 29 29%
TOTAL 150 100%
Source: Questionnaire
INFERENCE:
From the above table we get to know that 5% of the
respondents are below 5000 rs, 46% of them are 5000rs-10000rs, 24% of
them are 10000rs-25000rs and 25% of them are above 25000rs.
Table 6
“INTEREST LEVEL OF THE NEW SECTIONS OF THE
MAGAZINE”
Criteria No.of respondents Percentage
Highly interesting 24 16%
Interesting 106 70%
Less interesting 20 14%
TOTAL 150 100%
Source: Questionnaire
INFERENCE:
We get to know from the above table that 16% of the
readers feel that the new sections are highly interesting , 70% of them feel
that its just interesting and 14% of them feel its less interesting.
Table 7
“OPINION OF THE READERS ABOUT “16 PLUS ENERGY
PAKKKANGAL” SECTION”
Criteria No.of respondents Percentage
Youth section 78 52%
Infotainment section 47 31%
Alike other section 25 17%
TOTAL
150 100%
Source: Questionnaire
INFERENCE:
This table helps us to know that 52% of the readers feel that
it is an youth section, 31% of them feel it is an infotainment section and 17%
of them feel its just alike other sections of the magazine.
Table 8
“READER’S RATING ABOUT GOPINATH’S COLUMN”
Criteria No.of respondents Percentage
Inspirational 59 39%
Monotonous 60 40%
Use to skip 31 21%
TOTAL 150 100%
Source: Questionnaire
INFERENCE:
This denotes that 39% of the respondents rate gopinath’s
column as inspirational, 40% of them feel it is monotonous and 21% of them
use to skip the column.
TABLE 9
“16 PLUS ENERGY PAKKANGAL SECTION IMPACT ON
EMERGING YOUTH
Criteria No.of respondents Percentage
Very useful 23 15%
Useful 60 40%
To a certain extent
29 20%
TOTAL 150 100%
Source: Questionnaire
INFERENCE:
From the above table we can presume that 15% of the
readers feel that its very useful, 65% feel that its just useful and 20% of them
feel its useful to a certain extent.
TABLE 10.1
“QUALITY SATISFACTION OF THE MAGAZINE”
Criteria No.of respondents Percentage
Satisfied 113 75%
Dissatisfied 37 25%
TOTAL 150 100%
Source: Questionnaire
INFERENCE:
From the above table we get to know that 75% of the
readers are satisfied with the quality of the magazine and 25% of them are
dissatisfied.
Table 10.2
“PRICE SATISFACTION OF THE MAGAZINE”
Criteria No.of respondents Percentage
Satisfied 26 17%
Dissatisfied 124 83%
TOTAL 150 100%
Source: Questionnaire
INFERENCE:
From the above table we get to know that only 17% of
the respondents are satisfied with the price of the magazine and 83% of them
are dissatisfied with the price.
Table 10.3
“PAGES SATISFACTION OF THE MAGAZINE”
Criteria No.of respondents Percentage
Satisfied 98 65%
Dissatisfied 52 35%
TOTAL 150 100%
Source: Questionnaire
INFERENCE:
From the above table we get to know that 65% of the
respondents are satisfied with the number of pages of the magazine and 35%
of them are dissatisfied.
Table 10.4
“PICTURES AND CARTOONS SATISFACTION OF THE
MAGAZINE”
Criteria No.of respondents Percentage
Satisfied 83 56%
Dissatisfied 67 44%
TOTAL 150 100%
Source: Questionnaire
INFERENCE:
From the above table we get to know that 56% of the
respondents are satisfied with the pictures and cartoons of the magazine and
44% of them are not satisfied with them.
Table 11
“DO GIFTS, COUPONS AND FREEBIES AMUSE IN BUYING THE
MAGAZINE?”
Criteria No.of respondents Percentage
Purchase the magazine
mainly for g, c, f
30 20%
Regularly participate in
g, c, f
53 35%
Rarely use to participate
in g, c, f
67 45%
TOTAL 150 100%
Source: Questionnaire
INFERENCE:
From the above table it’s clear that 20% of the
respondents purchase the magazine only for G, C, F and 35% of them
regularly participate and 45% of them rarely use to participate in them.
Table 12
“READERS INTEREST ON LITERARY ARTICLES”
Criteria No.of respondents Percentage
VERY MUCH
INTERESTED
40 27%
INTERESTED 84 56%
NOT INTERESTED 26 17%
TOTAL 150 100%
Source: Questionnaire
INFERENCE:
We can find that 27% of the respondents are very much
interested in literary articles, 56% of the respondents feel they are just
interested and 17% of them are not interested at all.
Table 13
“MAGAZINE’S REFLECTION OF PUBLIC/PEOPLE’S OPINION”
Criteria No.of respondents Percentage
Yes, to a great extent 59 39%
Yes, to some extent 73 49%
No, it does not reflect 49 12%
TOTAL 150 100%
Source: Questionnaire
INFERENCE:
39% of the respondents say that the magazine reflects
public’s opinion to a great extent, 49% of them feel it reflects to some extent
and 12% of them feel it doesn’t reflect at all.
Table 14
“INCREASING MAGAZINE’S FREQUENCY”
Criteria No.of respondents Percentage
Welcome 52 34%
Will not find time to
read
82 55%
Un welcome 16
11%
TOTAL 150
100%
Source: Questionnaire
INFERENCE:
From the above table we get to know that 34% of the
respondents welcome the idea of increasing the magazine’s frequency, 55%
of them feel that they will not find time to read it and 11% of them don’t
welcome it.
CHART-1 (In percentage)
“YEARS OF READING THE ANANDHA VIKATAN MAGAZINE”
CHART-2 (In percentage)
“GENDER OF THE RESPONDENTS”
CHART-3 (In percentage)
“EDUCATIONAL QUALIFICATION OF THE RESPONDENTS”
CHART-4 (In percentage)
“OCCUPATION OF THE RESPONDENTS”
CHART-5 (In percentage)
“INCOME OF THE RESPONDENTS”
CHART-6 (In percentage)
“NEW IMPROVED LOOK’S SATISFACTION LEVEL”
CHART-7 (In percentage)
“OPINION ABOUT ‘16 PLUS ENERGY PAKANGAL’ ”
CHART-8 (In percentage)
“READER’S RATING ABOUT GOPINATH’S COLUMN”
CHART-9 (In percentage)
“16 PLUS ENERGY PAKKANGAL’S IMPACT ON EMERGING
YOUTH”
CHART-10.1 (In percentage)
“QUALITY SATISFACTION”
CHART-10.2 (In percentage)
“PRICE SATISFACTION”
CHART-10.3 (In percentage)
“PAGES SATISFACTION”
CHART-11 (In percentage)
“DO GIFTS, COUPONS AND FREEBIES AMUSE IN BUYING THE
MAGAZINE?”
CHART-12 (In percentage)
“READERS INTEREST ON LITERARY ARTICLES”
CHART-13 (In percentage)
“MAGAZINE’S REFLECTION ON PEOPLE/PUBLIC’S OPINION”
CHART-14 (In percentage)
“INCREASING MAGAZINE’S FREQUENCY”
FINDINGS
1) From the data analysis, it is found that 35% of the respondents have been
reading the magazine for about one year.
2) 56% of the readers get attracted towards the magazine due to interesting
articles.
3) Around 47% of the readers access the magazine by purchasing a copy of
their own.
4) 42% of the readers access the magazine either through friends copy or in
library.
5) 11% of the readers access the magazine online
6) The data analysis shows that 68% of the readers are satisfied with the
new improved look of the magazine.
7) From the data analysis we get to know that 70% of the readers feel that
new sections of the magazine are interesting.
8) 52% of the readers consider “16 plus ENERGY PAAKANGAL” as
youth section.
9) 31% of the readers consider “16 plus ENERGY PAAKANGAL” as
infotainment section.
10)17% of the readers consider “16 plus ENERGY PAAKANGAL” as just
like other section.
11)From the data analysis we can reckon tat 39% of the readers think
Gopinath’s column is Inspirational.
12)61% of the readers feel that Gopinath’s column is monotonous and they
use to skip the column.
13)Data analysis shows us that 65% of the readers of the readers think that
“16 plus ENERGY PAAKANGAL” is useful for the emerging youth.
14)83% of the readers are dissatisfied with the price.
15)65% of the readers are satisfied with the number of pages of the
magazine.
16)56% of the readers are satisfied with pictures and cartoons of the
magazine.
17)Nearly 50% of the readers feel that they get seldom amused by gifts,
coupons and freebies in purchasing the magazine.
18)56% of the readers are just interested in literary articles and 17% of them
are not at all interested.
19)27% of the readers are very much interested in literary articles.
20)The data analysis shows us that 39% of the readers think that the
magazine reflects people/public’s opinion to a large extent.
21)Whereas, more than 60% of them feel that it reflects only to some extent
or it does not even reflect.
22)About 70% of the readers unwelcome the idea of increasing the
frequency of the magazine to twice a week.
SUGGESTIONS
The new improved look of the magazine has gained a lot of new
customers, especially youth. Hence it is suggested to innovate the looks
from time to time.
“16 PLUS ENERGY PAKKANGAL” section has attainted for which it is
launched and it’s indeed a great market success. So maintain the quality
provided in the section.
Those who have been reading the magazine for more than 10 years are
very few. Induce brand loyalty for the long time readers to increase the
number.
Almost 90% of the readers feel that the articles of the magazine are
interesting. This feature of the magazine has to be maintained.
Many readers feel that the price of the magazine is very high. This issue
has to be given immediate attention.
The reception for Gopinath’s column is vey mixed. It should be made
interesting.
Regarding gifts, coupons and freebies half of the readers are interested in
it and the remaining half is not interested. So the management can induce
new gift packages to attract more customers.
CONCLUSION
The research work conducted and analyzed so far has yielded us rich
information regarding the reader’s overall satisfaction of the “Anandha
Vikatan” magazine. From the analysis we conclude that overall satisfaction
is GOOD. As per the research many recommendations have been suggested
of which the major ones are to reduce the price of ANANDHA VIKATAN
magazine and to maintain the innovations of the magazine. The research has
to be considered with the scope and limitations which are already discussed.
BIBLIOGRAPGHY:
MARKETING MANAGEMENT - PHILIP KOTLER.
PRINCIPLES OF MARKETING - PHILIP KOTLER
GARY ARMSTRONG
WEBSITES:
www.vikatan.com
RESEARCH METHODOLOGY:
“A careful investigation or inquiry specially through search
for new facts in any branch of knowledge”.
RESEARCH DESIGN:
“A research design is the arrangement of conditions for
collection and analysis of data in a manner that aims to combine relevance to
the research purpose with economy in procedure”.
THERE ARE SIX DIFFERENT TYPES OF RESEARCH,
THEY ARE
Descriptive Research.
Analytical Research.
Applied Research.
Fundamental Research.
Quantitative Research.
Qualitative Research.
DESCRIPTIVE RESEARCH:
Descriptive research includes surveys and fact-finding enquiries of
different kinds. The major purpose of descriptive research is description of the
state of affairs as it exists at present. The main characteristic of this method is that
the researcher has no control over the variables; he can only report what has
happened or what is happening.
ANALYTICAL RESEARCH:
In Analytical research, the researcher has to use facts or
information already available, and analyze these to make a critical evaluation of
the material.
APPLIED RESEARCH:
Applied research aims at finding a solution for an immediate problem
facing a society or an industrial / business organization. Applied research aims at
certain conclusion facing a concrete social or business problem is an example of
applied research. Thus, the central aim of applied research is to discover a solution
for some pressing practical problem.
FUNDAMENTAL RESEARCH:
Fundamental research is mainly concerned with generalizations and
with the formulation of a theory. Research concerning some natural phenomenon
or relating to pure mathematics or examples of fundamental research. Fundamental
research is directed towards finding information that has broad base applications.
QUANTITATIVE RESEARCH:
Quantitative research is based on the measurement of quantity or
amount. It is applicable to phenomena that can be expressed in terms of
quantity.
QUALITATIVE RESEARCH:
Qualitative research is concerned with qualitative phenomenon,
i.e., phenomena relating to or involving quality or kind. For instance, when
we are interested in investigating the reasons for human behaviour or
motivation research are all important examples of qualitative research.
The project’s titled “A STUDY ON READER’S SATISFACTION WITH
SPECIAL REFERENCE TO ANANDHA VIKATAN MAGAZINE”.
For this project descriptive research design was adopted keeping in view
about the objectives of the research with accurate description of variables in
the problems method.
DATA COLLECTION METHODS:
The task of data collection begins after a research problem has been
defined and research design/plan chalked out. While deciding about the
method of data collection to be used for the study, the researcher should
keep in mind about the two types of data namely,
Primary Data.
Secondary Data.
PRIMARY DATA:
The primary data are those which are collected afresh and for
the first time, and thus happen to be original in character.
SECONDARY DATA:
The secondary data are those which have already been
collected by someone else and which have already been passed through the
statistical process.
RESEARCH INSTRUMENT:
The research instrument used for collecting data is
Questionnaire. The survey was carried out using structured questionnaire.
The questionnaire is prepared by using close ended and open ended
questions.
SAMPLING:
“A sample is a smaller representation of the larger whole”.
Sampling is the easiest method of social investigation. A sample contains
primary sampling units and a slice of the population representing the
universe. The purpose of sampling is to draw inferences concerning the
universe.
TYPES OF SAMPLING:
Simple Random Sampling.
Systematic Sampling.
Stratified Random Sampling.
Cluster Random Sampling.
SIMPLE RANDOM SAMPLING:
Random sampling is applied when the method of selection assures
each individual element in the universe an equal chance of being chosen.
This method is more suitable when the universe is homogeneous and large.
If the universe is heterogeneous this method cannot be used.
SYSTEMATIC SAMPLING:
Systematic sampling is the most practical way of sampling is to select
every ‘N’th item on a list. An element of randomness is introduced into this
kind of sampling by using random numbers to pick up the unit with which to
start.
STRATIFIED RANDOM SAMPLING:
Under Stratified random sampling system the universe is first divided
into a number of strata’s or groups based on a single criterion. Then from
each group member of items are selected randomly.
CLUSTER SAMPLING:
Cluster sampling refers to the method of dividing the population into groups
called clusters and drawing a sample of clusters to represent the population.
The sampling method adopted for this study is simple random sampling.
METHOD USED FOR ANALYSIS:
PERCENTAGE ANALYSIS:
Percentage refers to special kind of ratio. They are used in making
comparison between two or more series of data and they are used to describe
relationship. It can also be used to compare the relative terms, the distillation
of two or more series of data.
DATA COLLECTION METHODS:
Observation.
Schedule.
Questionnaire.
The data collection method adopted for this project was Questionnaire.
SURVEY TECHNIQUES:
There are three types of survey techniques, they are
Personal Interview.
Telephone Interview.
Mail Survey.
The survey technique adopted for this project was Personal Interview.