PROJECT REPORT ON
SOCIAL MARKETING
by
ROSHAN KUMAR SINGH
AA9049
For partial fulfillment of the requirements of final year MBA curriculum of
Two years Full time MBA (Industry Integrated) Programme.
Submitted to:
Through
1
STUDENT’S DECLARATION
I hereby solemnly affirm, declare and state that report titled “SOCIAL
MARKETING” was done by me with due diligence and sincerity and this
report based on that study is a bonafied work by me and submitted to
ANNAMALAI UNIVERSITY through RAMAIAH INSTITUTE OF
MANAGEMENT SCIENCES under the guidance and supervision of
TVS SRENIVAS, Faculty RIMS is my original work and not submitted
for the award of any other degree, diploma, fellowship or other similar
title or prizes.
PLACE: BANGALORE Signature:
DATE: AA9049
CERTIFICATE FROM THE GUIDE
2
This is to certify that the project report titled “ SOCIAL MARKETING”
by Student Name, Enrollment no: carried out in partial fulfillment for the
award of degree of MBA (Industry Integrated) programme of Annamalai
University at RIMS, Bangalore under my guidance and direction. This
study report is an original work and not submitted earlier to any
University/Institute.
PLACE: BANGALORE Signature:
DATE: TVS
SRENIVAS
3
CONTENT
Acknowledgement
Declaration
Executive summary
About social marketing
Introduction
Icici web trade ltd
a. Investing in mutual fund
Mission
Bord of director of icici securities
Methdology
Sources of data
Sampling
Questionnaire
Limitation of study
Suggestion
Conclusion
Bibiliography
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ACKNOWLEDGEMENT
We are grateful to Annamalai University ,Mr. Raja Ram (Dean RIMS
Bangalore) and our beloved Director Dr. M.R. Pattabhiram for giving this
opportunity to do a Internship Project and expand our knowledge.
My project in ICICI SECURITIES is an experience worth sharing.
The internship project has enhanced my managerial skills and made me
apt to face all the hurdles in my future.
The vast knowledge that I have gained in these three months in
ICICI Securities, I have tried to put them down in this project report. I
am really thankful to cluster Head, and ICICI SECURITIES Bangalore.
For constantly mentoring my efforts and guiding me for making this
project a success.
My deep sense of gratitude to Mr. Ram Kumar Tllam, (Center
mgr.) Last but not the least I consider myself proud to be a part of RIMS
BANGALORE and specially would like to thanks for helping me with my
internship placement.I would like to thanks my training guide Mr.T.V.S.
SRENIVAS for content valuable suggestions
EXECUTIVE SYNOPSIS
5
STUDENT NAME : ROSHAN KUMAR SINGH
ORGANISATION : ICICI SECURITIES
ADRESS : 1ST FLOOR, NO. 50, LITTLE PLAZA
CUNNINGHAM ROAD BANGALOR
52
REPORTING OFFICER : Mr. RAM KUMAR TALLAM
CENTRE MANAGER
FACULTY GUIDE : TVS SRENIVAS
PROJECT TITLE : SOCIAL MARKETING
METHODOLOGY : CUSTOMER MEETING, TELECALLING
AND DISGUISED QUESTIONNAIRE
METHODS
SAMPLE SIZE : 287 RESPONDENTS IN
BANGALORE CITY
ABOUT SOCIAL MARKETING
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Social marketing is the systematic application of marketing, along with
other concepts and techniques, to achieve specific behavioral goals for
a social good. Social marketing can be applied to promote merit goods,
or to make a society avoid demerit goods and thus to promote society's
well being as a whole. For example, this may include asking people not
to smoke in public areas, asking them to use seat belts, or prompting to
make them follow speed limits.
Although "social marketing" is sometimes seen only as using standard
commercial marketing practices to achieve non-commercial goals, this is
an over-simplification.
The primary aim of social marketing is "social good", while in
"commercial marketing" the aim is primarily "financial". This does not
mean that commercial marketers can not contribute to achievement of
social good.
Increasingly, social marketing is being described as having "two
parents"—a "social parent" = social sciences and social policy, and a
"marketing parent" = commercial and public sector marketing
approaches.
Beginning in the 1970s, it has in the last decade matured into a much
more integrative and inclusive discipline that draws on the full range of
social sciences and social policy approaches as well as marketing.
Social marketing must not be confused with social media marketing.
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INTRODUCTION
1.1 GENERAL INTRODUCTION
PHYSICAL CERTIFICATES - THE TRADITIONAL WAY
The Indian capital market has seen an unprecedented boom in its
activity in the last decade. We can now boast of a very large investor
population and substantial volumes of trade. However, this surge in
activity has brought with it, numerous problems that threaten the very
survival of the Capital market in the long run. A closer inspection of the
problems would reveal that most of them arise due to the intrinsic
nature of paper based trading and settlement.
This century-old system of trading and settlement requires handling of
huge volumes ofpaper leading to increased costs and inefficiencies.
Simultaneously, they expose the investors to greater risks putting them
at a disadvantage. Some of these areas are:
Unwarranted delay in transfer of shares. It takes 30 to 60 days for
the investors to get
the shares lodged in their name;
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Possibility of forgery on various documents leading to bad
deliveries, legal disputes
etc;
Theft of shares leading to defective title in shares purchased and
subsequent
litigation;
Prevalence of fake certificates in the market;
Mutilation or loss of share certificates in transit;
Increased transaction costs due to stamp duty, fake shares,
rejection by registrars, etc.
This has made the investors, both retail and institutional, wary of
entering the Indian capital market. In this scenario, it was felt that the
getting up of a depository and the introduction of scrip less trading and
settlement is imperative for the efficient functioning of the market.
The Indian capital market has witnessed numerous changes in the
recent
past. Historically stock market booms have always resulted in a number
of problems for
9
the lay investor. Sometimes, the problem may magnify them and
threatens to engulf the entire capital market. A close introspection of
these problems will reveal that most of them are due to intrinsic nature
of paper based trading and settlement. All this may have driven away
many potential investors and Foreign Institutional Investors.
Dematerialization of shares is looked upon as the remedy for the ‘paper’
based problems.
With effect from august 19, 1998 SEBI has granted certificate of
registration of
Central Depository Services (I) Ltd. (CDSL).
Yet even with demat, from the point of view of investors there
are numerous problems . Here Wallet Watch introduces you to setting
up of a demat account and introduction of scrip less trading and
settlement. There are numerous benefits of this scrip less trading and
settlement, which Wallet Watch has discussed in detail.
Providing and enabling environment to foster growth and learning for
our employees
Company’s mission:
10
To judged by their sales and earnings growth rates than on the absolute
value of their sales and earnings. Look for companies that consistently
grow faster than there peers.
Investors prefer companies that increase profit margins -- the
percentage of sales that they keep -- every year. This is accomplished
either by lowering expenses or raising prices. Look for companies that
consistently find ways to squeeze more profits out of sales than their
peers.
The financial health of a company is dependent on a combination
of profitability, short-term liquidity and long term liquidity. Companies,
which are profitable, but have poor short term or long term liquidity
measures, do not survive the troughs of the trade cycle
2.5 Major Player of the Industry
S. S. Kantilal Ishwarlal Securities Pvt. Ltd. (sharekhan.com ):
Sharekhan, India's leading stockbroker is the retail arm of SSKI, and
offers you depository services and trade execution facilities for equities,
derivatives and commodities backed with investment advice tempered
by decades of broking experience. A research and analysis team is
constantly working to track performance and trends. That's why
Sharekhan has the trading products, which are having one of the
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highest success rates in the industry. Sharekhan is having 240 share
shops in 110cities; the largest chain of retail share shops in India is of
Sharekhan.
In future, Sharekhan is planning to enter in Mutual funds, Insurance
sector and banking sector to expand beyond the market currently
covered by it. And it has started MF(Mutual Funds) on priority basis but
wants to grow in it.
ICICI WEB TRADE LTD. (lCICIdirect.com):
ICICIdirect.com was the first entrant into e-broking.
ICICdirect.com
provides the 3-in-l to the users which ties in their saving bank account
and their Demat account to their brokerage account electronically. This
integration ensures that money is transferredto/from their bank account
and the shares are transferred from/to their Demat account
automatically without writing any cheques or transfer instructions while
carrying out their trades in shares.
ICICldirect.com has the option of trading in shares in cash, margin or
spot segments. An investor can also invest in 14 Mutual Funds
(Prudential ICICI MF, Franklin Templeton India MF, Alliance Capital MF,
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1M MF, Birla Sun Life MF, Sundaram MF, IL&FS MF, Principal MF,
HDFC MF, Standard Chartered MF, Reliance Capital MF, Kotak
TRADE IN DERIVATIVES:
FUTURES
1.Through ICICI direct.com, you can now trade in index and stock futures
on the NSE. In futures trading, you take buy/sell positions in index or
stock(s)contracts having a longer contract period of up to 3 months.
2.Trading in FUTURES is simple! If, during the course of the contract life,
the price moves in your favor (i.e. rises in case you have a buy position
or falls incase you have a sell position), you make a profit.
3.Presently only selected stocks, which meet the criteria on liquidity and
volume, have been enabled for futures trading.
OPTIONS
1.An option is a contract, which gives the buyer the right to buy or sell
shares at a specific price, on or before a specific date. For this, the
buyer has to pay to the seller some money, which is called premium.
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There is no obligation on the buy erto complete the transaction if the
price is not favorable to him.
2.To take the buy/sell position on index/stock options, you have to place
certain of order value as margin. With options trading, you can leverage
on your trading limit by taking buy/sell positions much more than what
you could have taken in cash segment.
3.The Buyer of a Call Option has the Right but not the Obligation to
Purchase the Underlying Asset at the specified strike price by paying a
premium whereas the Seller of the Call has the obligation of selling the
Underlying Asset at the specified Strike price.
4.The Buyer of a Put Option has the Right but not the Obligation to Sell the
Underlying Asset at the specified strike price by paying a premium
whereas the Seller of the Put has the obligation of Buying the
Underlying Asset at the specified Strike price.
By paying lesser amount of premium, you can create positions under
OPTIONS and take
advantage of more trading opportunities
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Investing in Mutual funds:
ICICldirect.com brings you the same convenience while investing in
Mutual funds also -
Hassle free and Paperless Investing.
With the inclusion of Fidelity MF, you can now invest on-line in 19
mutual Funds through ICICI direct.com. Prudential ICICI MF, JM MF,
Alliance MF, Franklin Templeton MF, Sundaram MF, Birla Sun Life MF,
HDFC MF, Principal MF, UTI MF, Reliance MF, Kotak MF, Tata MF,
DSP Merrill Lynch MF, ING MF, CHOLA MF,Deutsche MF, HSBC MF
and Standard Chartered MF are the Mutual Funds available for
investment.
You can invest in mutual funds without the hassles of filling application
forms or any
other paperwork. You need no signatures or proof of identity for
investing.
Once you place a request for investing in a particular fund, there are no
manual processes involved. Your bank funds are automatically debited
or credited while simultaneously crediting or debiting your unit holdings.
15
You also get control over your investments with online order
confirmations and order status tracking. Get to know the performance of
your investments through online updation of MF portfolio with current
NA V.
ICICldirect.com offers you various options while investing in Mutual
Funds:
Purchase: You may invest/purchase Prudential ICICI MF, JM MF,
Alliance MF,
Franklin Templeton MF, Sundaram MF, Birla Sun Life MF, HDFC MF,
Principal MF,UTI MF, Standard Chartered MF, Reliance MF, Kotak MF,
Tata MF, DSP Merrilllynch MF, ING MF, CHOLA MF, Deutsche MF,
HSBC MF and Fidelity MF without the hassles of filling application
forms.
Redemption: In addition to giving hassle-free paperless redemption,
ICICldirect.com
offers faster liquidity. You can redeem the mutual fund units through
ICICIdirect.com. The money will be credited to your bank account
automatically 3 days after the order placement date.
Switch: To suit your changing needs you may wish to shift monies
between
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different schemes. You can switch your monies online from one scheme
to another
in the same fund family without any hassles.
Systematic Investment plans (SIP): SIP allows you to invest a certain
sum of money over a period of time periodically. Just fill in the
investment amount, the period of investment and the frequency of
investing and submit. ICICIdirect.com will do the rest for you
automatically investing periodically for you.
Systematic withdrawal plan: This allows you to withdraw a certain sum
of money
over a period of time periodically.
Transfer-in: You can convert your existing Mutual funds into electronic
mode through
a transfer-in request.
IPOs and Bonds Online:
You could also invest in Initial Public Offers (IPOs) and Bonds online
without going
through the hassles of filling ANY application form! paperwork.
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Get in-depth analyses of new IPOs issues (Initial Public Offerings),
which are about to hit the market and analysis on these. IPO calendar,
recent IPO listings, prospectus/offer documents, and IPO analysis are
few of the features, which help you, keep on top of the IPO markets.
Schemes offered for opening Demate account
ICICI direct.com allows 3 in I account scheme for opening Demate
account. In which
3 types of account will be opened.
1. Demate account
2. Trading account
3.Savings account in ICICI bank
List A: - Pan card (compulsory)
List B: - bank pass book (nationalized bank only permitted),bank letter
in case of icici bank account holder ,pass port, electricity bill, telephone
bill.
List C: - voter id / driving licenece
List D: - mobile bill/ LIC premium receipts
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If customer not able to present any kind of documents from list B then
he/she has to present list C + list D (both of combination)
Following documents attached with Demate account form: -
1. Annexure form
2. Declaration form
3. Scheme form
4. Pan card
5.Resident proof from list B or list C + list D
6.Cheques of 1 Rs or 250or 975 or 125 R
1.Convenience: the 3-in-l accounts integrate your banking, broking and
demat accounts. This enables you to trade in shares without going
through the hassles of tracking settlement cycles, writing cheques and
Transfer Instructions, chasing your broker for cheques or Transfer
Instructions etc.
2.Speed: You can now get the latest quotes of scripts on
ICICIdirect.com and place an order almost instantly.
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3.Control: You can be assured that you have in fact placed an order at
the price you always wanted to, but may not have been able to do so till
now. Thereby giving you control over your own trades.
4.Independence: Instead of transferring monies to a broker's pool or
towards deposits, you can manage your own demat and bank accounts
when you trade through ICICIdirect.com. Brokerage structure of
ICICIdirect.com The account opening charges for Idirect account is Rs.
975. ICICIdirect.com provides savings account, trading account, demat
account. In which savings account has zero balance facility. And
company also provides Debit card for annual charges of Rs. 99 per
card. Following are the brokerage structure for different.
SERVICE TRANSACTION TAX (STT)
STT at the rate of 0.125% of the turnover will be charged in addition to
the brokerage on all delivery trades.
STT at the rate of 0.025% of the turnover will be charged in addition to
the brokerage on non- delivery trades.
STT at the rate of 0.017% of the turnover will be charged in addition to
the brokerage on sell trades.
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2. Low customer base
Opportunities
1. UFSL has initiated development of products for diesel application.
This will provide
tremendous scope for diversification and growth
2. Acquisition of AMTEC to provide opportunities to access global
OEMs
3. Opportunity to support AMTECs operations by supplying products
from India
4. The introduction of new emission norms will provide UFSL
opportunity to develop injection systems and thereby upgrade the status
of the company from product to system supplier.
Threats, Risks & Concerns
1. Constant pressure to be cost competitive to meet customer
expectations
2. Relentless pressure to maintain profitability due to rising input/raw
material prices
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3. Increasing popularity of alternative fuel vehicles, such as Hybrid,
Hydrogen powered,
CNG and LPG vehicles poses new challenges for the company
.3.4FUTURE PROSPECTS AND PLANS OF THE ORGANIZATION
For ICICI the past half has been a trying period more so because of the
adverse environmental conditions such as the depressed equity
markets and the volatile currency markets. However, its retail thrust and
a perceptible shift in financing from manufacturing projects to corporate
finance will put it in good stead for the quarters to come. Its growing
importance in the telecom and infrastructural sectors, which have huge
potential, will be a key driver of growth for the future
22
BOARD OF DIRECTORS OF ICICI SECURITIES LIMITED
ICICI SECURITIES PRIMARY DEALERSHIP LIMITED
Mr.S.Mukherji,chairman
Nitin Jain,Managining irectore & CEO
Ms.Vishakha Mulye
Mr.A.Murugappam
Mr.Subir Saha
Mr.Uday Chitale
ICICI SECURITIES LIMITED
Mr.K.V. Kmath, Chairman
Mr.S. Mukherji, Managinig Directore & CEO
Ms. Kalpana Morparia
Mr.V. Vaidyanathan
Mr.Nitin Jain
Mr.Paresh Shah
Mr.Uday Chitale
ICICI Securities Holdings,Inc.
Mr.Gopakumar P.
Mr.Nitin Jain
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Mr.Subir Saha
Mr.A.Murugappan
ICICI Securities INC.
Mr.Gopakumar P.,Presiddent
Mr.Nitin Jain
Mr.Subir Saha
Mr.A.Murugappan
Mr.Anup Bagchi
What is all about ICICI securities limited?
General Information
Name
:ICICI SECURITIES LIMITED
HEAD OFFICE
:ICICI SECURITIES LTD.
2ndFLOOR,STANROSE HOUSE
24
APPASAHEB MARATHE MARG
PRABHADEVI MUMBAI-400025
TYPE OF BUSINESS
:LIMITED COMPANY
PHONE NO
:+91 22 6651 1200
FAX NO
:+91 22 6651 1451
WEB SITE
: www. icicisecurities. co m
www.icicidirect.com
BRAND NAME FOR ONLINE TRADING
25
RESEARCH DESIGN OF THE STUDY
The study is based on survey technique. The study consists of analysis
about customer’s awareness and satisfaction of ICICI Capital Ltd. For
the purpose of the studycustomers100 are picked up and their views
solicited on different parameters. The methodology adopted includes
Questionnaire
Random sample survey of customers
Discussions with the concerned
Personal interviews and informal discussions were held with ICICI
Capital Ltd. customers to ascertain the awareness and satisfaction level.
Further applying simple statistical techniques has processed the data
collected.
SOURCES OF DATA :
Primary data: Questionnaire
Secondary data: are published materials such as periodicals,
journals,
news papers, and website.
SAMPLING PLAN:
26
Sampling since segment wise investors in ICICI Capital Ltd. are
not available for the
overall customers was considered for the study. 100% coverage was
difficult within the limited period of time. Hence sampling survey method
was adopted for the purpose of the study.
Population: (universe) customers of ICICI Capital services Ltd.
Sampling size: A sample of hundred was chosen for the purpose
of the study. Sample
considers of small investor, large investors and traders of ICICI Capital
Ltd.
Sampling Methods: Probability sampling requires complete
knowledge about all
sampling units in the universe. Since due to time constraint non-
probability sampling
was chosen for the study.
Sampling procedure: From large number of customers of ICICI
Ltd. were randomly
picked up.
Field Study: directly approached respondents.
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4.4 DATA COLLECTION INSTRUMENT
COLLECTION OF DATA THROUGH QUESTIONNAIRES:
The data collected for the study purpose is through questionnaires.
Hundred customers ofICICIdirect.com have been selected randomly for
the study purpose and then the information revealed from the customers
is analyzed and interpreted in the study.
ORGANISATION OF FIELD WORK
Initial field work has done for pre testing tools for data
collection. The data is collected through the direct interaction with the
ICICI’s customers through questionnaires answered by them .hundred
customers of ICICI were randomly chosen for the purpose of the study
in .
4.5 LIMITATION OF STUDY
Since sample size is only 100, which is not a true representative
of the population as a
28
whole.
Since segment wise investors is not available in ICICI Capital Ltd.
Overall concept is
taken for the study.
Information is partly based on secondary data and hence the
authentic of the study
can be visualized and is measurable.
Level of accuracy of the results of research is restricted to the
accuracy level with which the customers have given their answers and
the accuracy level of the answers cannot be predicted.
ICICIdirect.com customers are more satisfied with the quality
services.
Holding securities in electronic form gives some far-reaching
advantages to the investors.
ICICIdirect.com offers a wide choice of products for investing in the
stock
29
market. It allows to invest in shares, mutual funds and other financial
products .With ICICIdirect.com one can manage own de-mat and bank
accounts directly and independently.
The depository participant will allow an investor to trade through
any broker of
his choice registered with the stock exchanges connected with National
Securities Depository Ltd, what will have to provide the details of
investor’s account with Depository Participant.
Investor can click to get online information on their open orders
and traders i.e. orders that are routed to exchange are waiting in the
queue to be executed can be viewed for their status.
Transaction details for the traders done in the last month are
available online.
Printed account statements too are available for earlier.
DATA ANALYSIS AND INTERPRETATION
Table No. 5.1 Customers’ preference over other depository services in
ICICI
30
Direct.com
ATRRIBUTE NO. OF PERSON PERCENTAGE
QUALITY 50 50
SAFTY 20 20
REACH 12 12
VAST VARITY OF 4 4
SERVICES
NOTHING IN 14 14
PERTICULER
Chart No. 5.1 Percentage of customers’ preference over other depository
services in
ICICI Direct.com
31
PAI CHART
QUALITY SERVICES
SAFTY
REACH
VAST VERITY OF
SERVICE
NOTHING IN
PERTICULAR
From the above showing statistics it is observed that in the survey 50%
customers justify
that ICICI capital Ltd. providing quality services as compare to other depository
service
Table No. 5.2 Different types of investors having ICICI Direct.com
SMAL INVESTOR LONG TERM INVESTOR TRADER
58 32 10
SMALL INVESTOR
LONG TERM
INVESTOR
TRADER
Table No. 5.2 Different types of investors having ICICI Direct.com.
32
Small Investors 58
Long term investors 32
Traders 10
Chart No. 5.2 Percentage of investors having ICICI Direct.com.
The above table shows that out of 100 customers, 58 customers are small
investors and
32 customers are long term investors
Table No. 5.3 Number of availed of the services in ICICI Direct.com.
SCHEEM NO OF PERSON PERCENTAGE
ICICI DIRECT.COM 32 32
SETTELMENT 9 9
TRANSMISSION OF 23 23
SECURITIES
SELL IN CASH 5 31
MUTUAL FUND 5 31
Chart No. 5.3 Percentage of availed of the services in. ICICI Direct.com
ICICI DIRECT.COM
SETTLEMENT
TRANSMISSION OF
SECURITIES
SELL IN CASH
MUTUAL FUND
33
NO OF PERSON PERCENTAGE
ICICI DIRECT.COM 100 70
SETTELEMENT 70 70
TRANSMISSIONOFSERVECES 64 64
SELL IN CASH 56 56
MUTUAL FUND 18 36
LONE AGAINST SHARE 24 48
.6.2 SUGGESTIONS
Some customers feel that they are trained for ICICI Direct.Com
demo. Many customers feel that batch of 15 are good for ICICI
Direct.Com training.
Survey reveals that most of the customers are not aware of the
service of the Mutual Fund. ICICI Capital Services Ltd. and the normal
tendency of the customer are both investing in shares and in Mutual
Funds are one and the same. So for this ICICI Capital Services Ltd.,
should create an awareness of what exactly mean by Mutual Funds and
all other services of ICICI Capital Services Ltd.
After getting the printouts of the holding statement, dispatch of the
same should be taken place with no delay and this can be cross
verified with the sender (dispatch section).
Customers are facing over crowding, non-availability of telephone lines,
so proper measures should be taken to overcome these problems.
34
The ICICI official should conduct regular training demo classes for
the new account holders.
6.3 CONCLUSION
Icici direct.com is performing very well in the field of online share trading
business and having very good administration also.
Each departments doing their job very well comparing to the standard
performance fixed by the management and it leads to overall good
performance of the company.
There existing a good relationship between employees and
management
The management taking keen interest for finding their weakness and try
their level best
35
3.3SWOT ANALYSIS OF THE COMPANY:
Strengths
1. Management philosophy and commitment to maximize shareholders returns
2. Upgraded product design and development facilities to develop new products
and aid diversification
3. Ongoing activities to support up gradation of operational performance and
rise in
productivity
4. Team of talented and committed professionals available to improve
companies
performance Weakness
1. Competition from cheap imports
2. Low customer base
Threats, Risks & Concerns
1. Constant pressure to be cost competitive to meet customer expectations
2. Relentless pressure to maintain profitability due to rising input/raw material
prices
3. Increasing popularity of alternative fuel vehicles, such as Hybrid, Hydrogen .
BIBLIOGRAPHY
36
Books and journals:-
ICICIdirect.com broachers and leaflets
Periodical published by ICICI Capital Ltd.
Journals published by ICICI Capital Ltd.
Websites:-
www.hinduonnet.com/businessline/iw/2001/05/27/stories/07276053.htm
www.cdslindia.com/FAQ/demat.htm
www.nsdl.co.in/services/demat.php
www.sebi.gov.in/faq/faqdemat.html
37