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Kunal Bba Project

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0% found this document useful (0 votes)
177 views46 pages

Kunal Bba Project

That is the Power of the candidate for a few days and we are not eligible to be a problem with the exam and we will work for you to be a good and support of our country and support and encourage everything eadvice is a source for a new ? to the candidate and support w and the Power to the other people to be done ??✅ and support for the Power to grant me and the candidate for a few things to be done ? by

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A

RESEARCH PROJECT ON "A STUDY ON MARKETING


STRATEGY OF “TCS’’

PROJECT SUBMITTED FOR PARTIAL FULFILMENT OF


DEGREE OF ||BACHELOR OF BUSINESS
ADMINISTRATION ||

SEMESTER-6
UNDER THE GUIDANCE OF Mr. VIHANG DESAI

SUBMITTED BY
KRUSHNAL BHATTI

SUBMITTED TO
G.L. KAKADIA COLLEGE OF COMMERCE &
MANAGEMENT
MAHARAJA KRISHNAKUMARSINHJI BHAVNAGAR
UNIVERSITY

YEAR-2024-25
INDEX

Sr.No Particulars

1 Introduction
Company Profile
3 SWOT Analysis
4 Relevance Of Study
Objectives Of Study
Need Of Study
Hypothesis
Research Methodology
5 Data Collection
6 Data Interpretation and Analysis

7 Findings and Suggestion


8 Conclusion
9 Bibliography

Introduction
2
1. Marketing: -
Marketing is currently defined by the American marketing association (ama) as
"the activity, set of institutions, and processes for creating, communicating,
delivering, and exchanging offerings that have value for customers, clients,
partners, and society at large". However, the definition of marketing has evolved
over the years. The ama reviews this definition and its definition for "marketing
research" every three years. The interests of "society at large" were added to the
definition in 2008. The development of the definition may be seen by comparing
the 2008 definition with the ama's 1935 version: "marketing is the performance of
business activities that direct the flow of goods, and services from producers to
consumers". The newer definition highlights the increased prominence of other
stakeholders in the new conception of marketing.

Recent definitions of marketing place more emphasis on the consumer


relationship, as opposed to a pure exchange process. For instance, prolific
marketing author and educator, Philip Kotler has evolved his definition of
marketing. In 1980, he defined marketing as "satisfying needs and wants through
an exchange process", and in 2018 defined it as "the process by which companies
engage customers, build strong customer relationships, and create customer value
to capture value from customers in return". A related definition, from the sales
process engineering perspective, defines marketing as "a set of processes that are
interconnected and interdependent with other functions of a business aimed at
achieving customer interest and satisfaction".

2. Concept: -

The "marketing concept" proposes that to complete its organizational objectives,


an organization should anticipate the needs and wants of potential consumers and
satisfy them more effectively than its competitors. This concept originated from
Adam Smith's book The Wealth of Nations but would not become widely used
until nearly 200 years later. Marketing and Marketing Concepts are directly
related.
Given the centrality of customer needs, and wants in marketing, a rich
understanding of these concepts is essential:
o Needs:
Something necessary for people to live a healthy, stable, and safe life.
When needs remain unfulfilled, there is a clear adverse outcome:
dysfunction or death. Needs can be objective and physical, such as the
need for food, water, and shelter; or subjective and psychological, such as
the need to belong to a family or social group and the need for self-esteem.

o Wants:
Something that is desired, wished for, or aspired to. Wants are not essential
for basic survival and are often shaped by culture or peer groups.

o Demands:
When needs and wants are backed by the ability to pay, they have the
potential to become economic demands.

3. B2B And B2C Marketing: -


The two major segments of marketing are business-to-business (B2B) marketing
and business-to-consumer (B2C) marketing.

o B2B Marketing: -
B2B (business-to-business) marketing refers to any marketing strategy or content
that is geared towards a business or organization. Any company that sells products
or services to other businesses or organizations (vs. consumers) typically uses B2B
marketing strategies.
Examples of products sold through B2B marketing include:

• Major equipment
• Accessory equipment
• Raw materials
• parts
• Processed materials
• Supplies
• Business services

The four major categories of B2B product purchasers are:

• Producers- use products sold by B2B marketing to make their goods


(e.g.: Mattel buying plastics to make toys)

• Resellers- buy B2B products to sell through retail or wholesale


establishments (e.g.: Walmart buying vacuums to sell in stores)

• Governments- buy B2B products for use in government projects (e.g.:


purchasing contractor services to repair infrastructure).
• Institutions- use B2B products to continue operation (e.g.: schools
buying printers for office use)
o B2C Marketing: -
Business-to-consumer marketing, or B2C marketing, refers to the tactics and
strategies in which a company promotes its products and services to individual
people.
4
Traditionally, this could refer to individuals shopping for personal products in a
broad sense. More recently the term B2C refers to the online selling of consumer
products.

o C2B Marketing: -
Consumer-to-business marketing or C2B marketing is a business model where the
end consumers create products and services which are consumed by businesses
and organizations. It is opposed to the popular concept of B2C or Business- to-
Consumer where the companies make goods and services available to the end
consumers.

o C2C Marketing: -
Customer to a customer marketing or C2C marketing represents a market
environment where one customer purchases goods from another customer using a
third-party business or platform to facilitate the transaction. C2C companies are a
new type of model that has emerged with e-commerce technology and the sharing
economy.

Company Profile

TATA CONSULTANCY SERVICES: -


Tata Consultancy Services Ltd. Is India’s largest IT services and consulting
organization and is a Fortune 500 corporation. Mr. J.R.D. Tata and Mr. F.C. Kohli
founded TCS in 1968, with its headquarters in Mumbai. Mr. Rajesh Gopinathan
has recently been named as the company’s new MD and CEO. TCS employs over
300,000 workers in 55 countries. It efficiently addresses global business
difficulties through its Global Network Delivery and Innovation models and
solutions, and its phenomenal growth and work culture are having a global
influence. TCS reached another milestone in 2018 when its market capitalization
surpassed $100 billion, making it the first Indian IT company to do so.

Tata consultancy services limited is an Indian multinational information


technology services, consulting, and business solutions company. The company is
non-government and it is registered at the Registrar of Companies, Mumbai. The
company covers a large network of innovation and delivery centers. It provides
services all over the world. It Is one of the leading information technology
companies in India. The headquarter of the company is in Mumbai, Maharashtra,
India.

1. History:-
Tata Consultancy Services Limited initially started as "Tata Computer Systems"
was founded in 1968 by the division of Tata Sons Limited. Its early contracts
included punched card services to sister company TISCO (now Tata Steel),
working on an Inter-Branch Reconciliation System for the Central Bank of India,
and providing bureau services to Unit Trust of India.
In 1975, TCS delivered an electronic depository and trading system called
SECOM for the Swiss company it also developed System X for the Canadian
Depository System and automated the Johannesburg Stock Exchange. TCS is
associated with a Swiss partner, TKS Teknosoft, which it later acquired.
In 1980, TCS established India's first dedicated software research and
development center, the Tata Research Development and Design Centre (TRDDC)
in Pune. In 1981, it established India's first clientdedicated center, set up for
clients Tandem. TCS later (1993) partnered with Canada-based software factory
Integrity Software Corp, which TCS later acquired.
On 25 August 2004, TCS became a publicly listed company.
In 2005, TCS became the first India-based IT services company to enter the
bioinformatics market. In 2006, it designed an ERP system for the Indian Railway
Catering and Tourism Corporation. By 2008, its ebusiness activities were
generating over US$500 million in annual revenues.
TCS entered the small and medium enterprises market for the first time in 2011,
with cloud-based offerings. On the last trading day of 2011, it overtook RIL to
achieve the highest market capitalization of any Indiabased company. In the 2011–

6
12 fiscal year, TCS achieved annual revenues of over US$10 billion for the first
time.
In May 2013, TCS was awarded a six-year contract worth over ₹11 billion
(US$150 million) to provide services to the Indian Department of Posts. In 2013,
the firm moved from the 13th position to the 10th position in the League of top 10
global IT services companies, and in July 2014, it became the first Indian
company with over ₹5 trillion (equivalent to ₹6.8 trillion or US$90 billion in
2020) market capitalization.

On 8 October 2020, TCS surpassed Accenture in market capitalization to become


the world's most valuable IT company with a market cap of
$144.73 billion. On 25 January 2021, TCS again surpassed Accenture briefly, in
market capitalization to become the world's most valuable IT company with a
market cap of $170 billion. On the same day, TCS became India's most valuable
company, surpassing Reliance Industries with a market cap of ₹12.55 trillion
(US$170 billion). In 2021 Tata is also one of the largest job providers in India
hiring 43,000 individuals in H1 FY22.

2. Operations: -
o
Locations

TCS had a total of 50 subsidiary companies and operated in 46 countries.


TCS has operations in the following locations:
India:
Ahmedabad, Bengaluru, Baroda, Bhubaneswar, Chennai, Coimbator e, Delhi,
Gandhinagar, Goa, Gurugram, Guwahati, Hyderabad, Bhop al, Indore,
Jamshedpur, Kalyan, Thane, Kochi, Kolkata, Lucknow, New Delhi, Mumbai,
Nagpur, Noida, Nashik, Patna, Pune, Thiruvananthapur am, and Varanasi.
Tata Consultancy Services campus
in Hyderabad, India

South America:
Argentina, Brazil, Chile, Colombia, Ecuador, Peru, and Uruguay.

Asia (excluding India):


Bahrain, China, Israel, UAE, Hong Kong, Indonesia, Japan, Malaysia,
the Philippines, Saudi Arabia, Singapore, South Korea,
Taiwan, Thailand, and Qatar.

Tata Consultancy Services building in SIPCOT,


Siruseri.
Oceania:
Australia
Africa:
South Africa, Morocco

Europe:

8
Belgium, Bulgaria, Denmark, Finland, France, Germany, Hungary, Icela
nd, Republic of Ireland, Italy, Luxembourg, the Netherlands, Norway,
Portugal, Spain, Sweden, Switzerland, and the United Kingdom.
North America:
Canada, Mexico, and the United States.

Tata Consultancy Services building


at InfoPark, Kochi

o TCS BPS: -

• TCS BPS (Business Process Services) is the third-largest India-based IT


outsourcing company. The BPS division had revenues of US$1.44 billion
in FY 2012–13, which was 12.5% of the total revenue of TCS. TCS BPS
has more than 45,000 employees who serve over 225 million customers
across 11 countries. The rate of attrition in the BPS division during the
financial year 2012–13 was 19.5%.

• In 2006, TCS won a $35 million contract from Eli Lilly and Company for
providing clinical data management, biostatistics, and medical writing
services.

• In 2007, it won a major multi-year deal from


Swiss pharmaceutical major Hoffmann-La Roche to provide data
management, biostatistics, clinical programming, and drug safety support
to Hoffmann-La Roche's global pharmaceutical development efforts.
• The firm has also opened a business process outsourcing facility in the
Philippines.

o Innovation Labs: -

• In 2007, TCS launched its co-innovation network, a network of innovation


labs, start-up alliances, university research departments, and venture
capitalists. In addition, TCS has 19 innovation labs based in three
countries. TCS' partners include Collab net and Cassatt, academic
institutions such as IITs, Stanford, MIT, and Carnegie Mellon, and venture
capitalists like Sequoia and Kleiner Perkins.

3. Employees: -
TCS is one of the largest private-sector employers in India, and the fourth-largest
employer among listed Indian companies (after Indian Railways, Indian Army,
and India Post). TCS has crossed more than 500,000 employees as of 8 July 2021.
The number of non-Indian nationals was 21,282 as of 31 March 2013 (7.7%). The
employee costs for the FY 2012–13 were US$4.38 billion, which was approx.
38% of the total revenue of the company for that period. In the fiscal year 2012–
13, TCS recruited a total of 69,728 new staff, of whom 59,276 were based in India
and 10,452 were based in the rest of the world. In the same period, the rate of
attrition was 10.6%. The average age of a TCS employee is 28 years. The
employee utilization rate, excluding trainees, for the FY 2012–13 was 82%.TCS
was the fifth-largest United States visa recipient in 2008 (after Infosys, CTS,
Wipro, and Mahindra Satyam). In 2012, the Tata Group companies, including
TCS, were the secondlargest recipient of H-1B visas. As of Jan 2020, TCS has

10
over 4,00,000+ employees. It is the world's third-largest IT employer behind IBM
and HP.
Subramaniam Ramadorai, the former CEO of TCS, has authored an
autobiographical book about his experiences in the company called The TCS Story
and beyond.

4. TCS Leadership: -
o Board Of Directors: -
• N. Chandrasekaran: - Chairman

Natarajan Chandrasekaran is Chairman of the Board of Tata Sons, the holding


company and promoter of more than 100 Tata operating companies with
aggregate annual revenues of more than US $100 billion. He joined the Board
of Tata Sons in October 2016 and was appointed Chairman in January 2017.
Chandra also chairs the boards of several group operating companies, including
Tata Steel, Tata Motors, Tata Power, and Tata Consultancy Services (TCS) – of
which he was Chief.

• Rajesh Gopinathan: -
Chief Executive Officer and Managing director
Rajesh Gopinathan is the Chief Executive Officer and Managing Director of
Tata Consultancy Services (TCS), a leading global IT solutions and consulting
firm. He was elevated to the role of Chief Executive in February 2017 after
serving as the Chief Financial Officer since 2013.
Rajesh was also ranked ‘Best CEO’ in Institutional Investor's 2018 All Asia
Executive Team rankings. In 2014 he was awarded the “Young Alumni
Achiever's Award” under the “Corporate Leader” category from IIM,
Ahmedabad.

• Op Bhatt: -
Director

Mr. O. P. Bhatt is a graduate in science and a postgraduate in English Literature.


He has served as Chairman, of State Bank Group, which includes State Bank of
India (SBI), India’s largest commercial bank; five associate banks in India; five
overseas banks; SBI Life, the country’s largest private life insurer; SBI Capital
Markets, India’s leading investment bank; SBI Fund Management; and other
12
subsidiaries spanning diverse activities, from general insurance to custodial
services.

Mr. Bhatt led SBI during challenging times. Under his leadership, SBI rose on the
global list rankings of Fortune 500.

• N. Ganapathy Subramaniam: -
Chief Operating Officer and Executive Director

Subramaniam (NGS) is the Chief Operating Officer (COO) of TCS since February
2017. NGS is also an Additional Director and Chairman of Tata Elxsi Limited
since November 2014.

Before taking over the COO’s role he served as the Executive Vice President and
Head of TCS Financial Solutions, a strategic business unit of TCS. In that role, he
was responsible for steering the non-linear growth strategies, Products, and
Platform businesses of TCS for over five years.

o Executive Leadership Officer And Managing Director: -


• Samir Seksaria: -
Chief Financial Officer
Samir Seksaria takes over as the Chief Financial Officer of Tata Consultancy
Services from 1st May 2021.

He has over two decades of experience with the IT giant across various roles and
has played a pivotal role in the various financial transformations that the company
has undergone.

Before this role, he was heading the Business Finance function for TCS. In his
former role, he was responsible for the financial management of the company’s
individual operating units. Additionally, he was also responsible for the corporate
financial analytics and planning of the company.

• Milind Lakkad: -
EVP and Global Head, Human Resources

Milind Lakkad is the Executive Vice President and Global Head – of Human
Resources in TCS since May 2019. Before this role, he was the Global Head of the
14
Manufacturing Business Group since the inception of the industry-based structure
at TCS in 2008. He is also a part of the TCS management team for the last 11
years.

As head of the Manufacturing Business Group, Milind was responsible for serving
global customers in the areas of Automotive, Industrial Equipment & Machinery,
Aerospace, and Process Manufacturing.

• Rajashree R

Chief Marketing Officer of Tata Consultancy Services

Rajashree is the Chief Marketing Officer of TCS. Before starting in this role on
Feb 1, 2020, she led the Retail Practice at TCS for 15 years engaging with leading
global retailers driving their transformation and innovation programs.

Under Rajashree’s leadership, TCS’ brand value grew by $1.4 billion over the
prior year in 2021 and was ranked among the Top 3 most valuable brands in the IT
Services sector globally, according to the Brand Finance 2021 report. She is
passionate about the art of storytelling and is a proud custodian of the global TCS
brand.
5. Tata Consultancy Services Marketing 4P Mix
Analysis: -
o EMBA Pro Marketing Approach for Tata Consultancy Services: -

At EMBA PRO, we provide corporate-level professional Marketing Mix and


Marketing Strategy solutions. Tata Consultancy Services case study is a
Harvard Business School (HBR) case study written by Rohit Deshpande and
Seth Schulman. The Tata Consultancy Services (referred to as “TCS
Ramadorai” from here on) case study provides evaluation & decision
scenarios in the field of Strategy & Execution. It also touches upon business
topics such as - Marketing Mix, Product, Price, Place, Promotion, 4P, Ethics,
Globalization, IPO, IT, Operations management.

Our immersive learning methodology from – case study


discussionssimulationions tools hhelpsMBA and EMBA professionals to -
gain new insighand t, deepen their knowledge of the Strategy & Execution
field, Marketing Mix factors, Products related decisions, pricing strategies,
and more.

o Marketing Mix of Tata Consultancy Services – Definition & Explanation: -

Neil Borden of Harvard Business School first used the term “Marketing Mix”
to explain the set of activities that a firm uses to execute its marketing
strategies. According to Neil Border, organizations blend the various elements
of marketing mix into a marketing strategy that helps the organization to
compete and developed a differentiated positioning in the marketplace.

16
Consolidation of 12 elements of Marketing Activities into 4Ps of Marketing Mix: -

Jerome McCarthy consolidated the 12 elements of the marketing mix and another
critical component into a simplified framework – the 4Ps of the Marketing Mix.

o Products – 4Ps in Tata Consultancy Services Case: -

In marketing strategy, a product is not viewed as a tangible product, but the source
of value to be delivered to the customers. Value to the customers of TCS
Ramadorai can be delivered in numerous ways such as – priming and pre-purchase
education provided by sales staff, the convenience of availability, point of sale
equity, financing plans to purchase the products, physical product, word of mouth
references, installation and repair services, quality-assuring brand name, etc.

These numerous ways to understand product concepts provide marketing managers


of TCS Ramadorai an opportunity to differentiate its overall value proposition from
that of the competitors.

o 4 Stages of Product Management as part of Marketing Process: -

• Identification of Opportunity – Market research and customer research are done


to identify the needs of the customers that TCS Ramadorai can cater to with its
present and acquired resources.

• Design and Testing – The product is designed based on the value proposition
that customers are seeking and one that TCS Ramadorai can deliver. The key
consideration regarding product design and testing are – customer value
proposition, regulatory requirements, TCS Ramadorai skills and resources,
opportunities for differentiated positioning, and profitability.
• TCS Ramadorai Product Launch – It includes decisions regarding pricing,
communication strategy, distribution channel management, and building
infrastructure to provide postpurchase services.
• Product Life Cycle Management of TCS Ramadorai products – Once the
product is launched the company needs to manage the life cycle of the product
through its various stages such as – introduction, growth phase, cash cow stage,
and finally decline stage.

Product Line Planning Decision: -

There are three major product line planning decisions that TCS Ramadorai can take –
Product Line Breadth decision, Product Line Length decision, and Product Line Depth
decisions. Some of the considerations that marketing managers at a company name
need to take while making product line decisions are –

1. Will the product will be viewed completely differently from the existing
products of the firm and how much is the risk of cannibalization of the present brands
by a new brand.
17
2. Does the product launch or product extension launch satisfy potential customer
needs and wants in a way that can deliver profits to the firm.

3. How the new product brand launch will impact the overall brand equity of the
TCS Ramadorai present brands and products. For example, often launching a no-frill
product may end up impacting the image of the company as an innovator in the field.
This is one of the reasons why Apple stopped selling its plastic phones as it negatively
impacted the image of the company as a deliverer of superior hardware products.

o Product Line Breadth Decision for Tcs Ramadorai: -

As the position of TCs Ramadorai in its industry is well established it can expand to the
adjacent segments where the customers are using complementary products from other
brands to get the maximum value out of the products.

o Product Line Length of TCS Ramadorai: -

The decision regarding product line has to be balanced between the complexity of the
present products and service required, and the available niche space available in the
marketplace. From my perspective at present TCS Ramadorai should stick with the
present merchandise mix rather than launching new products to expand the product
line.

o Product Line Depth of TCS Ramadorai: -

These are decisions regarding how many different Stock Keeping Units (SKU) of a
given product. For example, Apple has its iPhone in various colors even though the
hardware and software are the same.

Product - Broad Recommendations: -

• TCS Ramadorai can introduce a new brand in the existing product line or it can
strive to establish a whole new product line.
• TCS Ramadorai can stop selling products that are either not profitable or not
creating enough differentiation from the existing products.
• TCS Ramadorai can think of ways - how features and value can be added to
existing brands that help them in consolidating and increasing their market
position.
• TCS Ramadorai can try to reposition the products from the existing brands
within one line.

o Pricing – 4Ps of Marketing Tata Consultancy Services: -

18
Pricing is a highly complex activity and we will cover only a very limited aspect of
what goes into pricing decisions. To a large extent, pricing depends upon the other 3Ps
of marketing – product, place, and promotion. Conceptually perceived value is the
maximum price a customer is willing to pay for a TCS Ramadorai product in the given
competitive context.

• Cost Base Pricing: -

Under a cost-based pricing strategy – TCS Ramadorai can work out what it takes to
produce the product and put a markup based on the profit it wants to earn. In a highly
competitive strategy with dynamic pricing, the strategy may not be feasible. For
example, Uber’s running losses in billions can provide lower prices and sustain
compared to an individual taxi service provider who is not backed by private equity
and long-term strategy.

• Value Base Pricing: -

Value-Based Pricing is a pricing strategy that is based on customer perception of value.


It inculcates put the number of both tangible and intangible benefits with a clear
understanding of elasticity of demand and competitive pressures.

Market Penetration Pricing: - TCS Ramadorai can employ this pricing strategy
where it launches a new product either at loss or at a very low margin to get a
foothold in the segment.

• Market Skimming Pricing: -

For certain well-established brands, TCS Ramadorai can increase the prices as
customers can pay a higher price.

• Good Value Pricing: -

Offering the right mix of product features, quality, and service combinations at a fair
price. For example, by offering a limited frill option - customers can have an initial
product experience at an accessible price. GoPro uses this strategy extensively.

• Competition Based Pricing: -

The pricing strategy is based on the competition in the market. Under this strategy,
TCS Ramadorai’s focus is to match the prices of the competitors and focus on
reducing the cost of operations to increase profitability.

• Pricing Recommendation: -

Based on the evidence at hand – we can choose the following pricing strategy

High Brand Awareness – The brand of TCS Ramadorai is well respected in the market
so it can fetch a slight premium over the other competitive brands.
19
Innovative Product – With advanced features the product is perceived as innovative in
the current market context. A slight premium price will not only emphasize the features
of the products but also stop other players from entering the present segment. A high
premium price may attract new entrants and thus lower the profitability.

20
Place – Distribution Channels - 4Ps in Tata Consultancy Services Case: -

Place or Distribution Channel is a set of processes through which TCS Ramadorai


delivers its products to the customers. Distribution & Marketing channels fulfill
various purposes such as – enabling product customization options at the point of
sales, providing product quality assurance, providing extensive product assortment
using product line – breadth, length, and depth, reducing purchase lot size thus
enabling opportunities for individual customers to buy products, after-sales services,
and installation services, logistics, providing customers information about the
products, and easy availability of the products to end consumers.

6. Designing Channels of Distribution for TCS


Ramadorai: -
There are two major channels of Distribution related decision criteria – o Channel

Design: -

TCS Ramadorai needs to choose whether it wants to implement a distribution system


that is – Direct, Indirect, or Both. The channel design decision involves – an
understanding of customer value proposition, current customer convenience points,
length breadth, and depth of TCS Ramadorai product line, and competitors’
distribution systems.

Direct Distribution System – TCS Ramadorai puts its direct distribution channel and
reaches directly to the customers. It can be through opening its stores or just selling
all the products online.

Indirect Distribution System – TCS Ramadorai includes channel partners such as


wholesalers, retailers, logistics companies, and distribution agents.

Hybrid Distribution System – TCS Ramadorai should implement a hybrid model


where the critical aspect of the distribution system are managed by TCS Ramadorai,
and secondary functions such as logistics, warehousing, store management, etc are
delegated to various channel partners.

o Channel Management: -

Channel management is about managing various power centers within the delivery
system and managing them based on the bargaining power of each player in the value
chain. The channel management from a marketing perspective can be done
considering three critical aspects –
Per Unit Cost of Stocking – If the cost is high then Tcs Ramadorai needs channel
partners which can pool resources. Otherwise, TCS Ramadorai can do the operations
on its own.

21
Customer Willingness to Search & Travel to Purchase Good – If the customer
willingness is high then the company has strong brand awareness and brand loyalty.
TCS Ramadorai can design favorable channel policies vis-a-vis channel partners.

Market Development Requirement – One of the most prominent functions of the


channel is market development. If TCS Ramadorai needs higher market development
efforts then it is sensible to include channel partners who have known how and skills
to expand into new markets.

7. Promotion – Marketing Communication: -

Promotion Mix or Integrated Marketing Communication strategy is a mix of various


promotion tools that are at disposal of TCS Ramadorai. They are – Advertising, Sales
Promotion, Personal Selling, Public Relations, and
Direct Marketing.

TCS Ramadorai can use all these five communication tools to persuasively
communicate to customers – the existence of the product, price of the product,
differentiating features of the product, places where people can buy the products, and
finally how consumers can effectively use the products or services.

8. 6M Model of Marketing Communication Strategy


for Case Name: -
With the increasing importance of online advertising and social media’s role in
product promotion, the 6M Model of marketing communication has become a critical
marketing tool in hands of marketing managers and promotion strategists to measure
marketing efforts’ impact. The 6M of the Marketing Communication Strategy Model
are –

• Market – The target segment – current or potential, at which the marketing


communication efforts are aimed at.
• Mission – What are the goals and Key Performance Indicators of the
marketing communication strategy.
• Message – What are the specific aspects – brand awareness, product features,
etc, that TCS Ramadorai wants to communicate to its target customers.
• Media – Which are the most effective media vehicle that TCS Ramadorai can
use to convey its message to its target market.
• Money – Like all other organizations, TCS Ramadorai has limited marketing
resources so it has to figure out how it needs to spend to get the best outcome
based on specified objectives.
• Measurement – How is the promotion campaign impact measured. It can vary
from brand to brand within the organization. For example – a new product
campaign can be measured by spreading brand awareness, while an existing
product marketing campaign can be measured by repeat purchases or product
recall.

22
9. Email Marketing for TCS Ramadorai: -
Email Marketing forms a direct marketing approach that TCS Ramadorai can take to
directly reach out to its potential customers. Email Marketing can help the TCS
Ramadorai to reach out to high probability prospects based on the data collected by
the company using its kiosks, trade marketing, and customer survey.

• Search Engine Marketing: -

Another popular form of advertising vehicle that has emerged in the last decade and a
half is search engine marketing where advertisements are shown to the customers
based on their search history and browsing history. Like email advertising, this can
result in relevant advertising to high potential prospective customers who are already
interested in products and looking for information regarding it.
10. Marketing Mix of TCS: -
Marketing mix refers s to the set of actions, tools, and strategies adopted by a
company to promote its brand in the market. It revolves around the product, place,
price, and promotion strategy of a company. Following is the marketing mix of TCS:

1. Product Mix of TCS: -

TCS (Tata Consultancy Services) is a multinational consulting firm that seeks to give
the finest solutions to its clients. Banking and financial services, consumer packaged
goods, energy – oil and gas, government, healthcare, information technology,
manufacturing, media and information services, retail, telecommunications, travel,
transportation and hospitality, and utilities are some of the segments in which it
operates. The solutions that TCS provides to businesses and clients are the items in
its marketing mix.TCS offers a broad range of services, including

• IT services,
• Consulting
• IT infrastructure
• Enterprise solutions
• Enterprise security and risk management
• Engineering and industrial services
• Eco-sustainability services
• Digital enterprise
• Business process services
• Business intelligence and performance management
• Assurance services
• Platform solutions

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• iON caters to small and medium-sized businesses in the abovementioned
industries.

2. Price Mix of TCS: -

TCS accounts for 70% of the total revenue of its parent business. TCS has developed
a competitive pricing policy to acquire a competitive advantage over competing
brands, as it faces tough competition from rival brands.
TCS expected revenues of 16.54 billion dollars, profit of 3.70 billion dollars, and
total assets of 13.76 billion dollars by the end of the fiscal year 2015-16. It has been
named one of the top corporations in India in terms of market value, with a market
capitalization of 80 billion dollars, and is the world’s 10th largest service provider in
the IT industry in terms of revenues.

3. Place Mix of TCS: -

TCS is headquartered in Mumbai, Maharashtra, and serves clients throughout India.


With the support of sixty-seven subsidiary companies, it has expanded its global
presence. TCS operates in 46 countries around the world, including Australia,
Pakistan, Dubai, the United Kingdom, and Germany.
Pune, Maharashtra, was the location of the company’s initial software R&D center.
TCS has been able to expand its distribution network thanks to its strong ethics and
strong brand backing. It has 289 offices in 21 countries, as well as 147 delivery
centers, to supply world-class services to any place. North America, China, India,
Latin America, Europe, and India all have delivery centers.

4. Promotion Mix of TCS: -

TCS makes its influence felt throughout the community through a variety of
community projects. This is the most effective technique to reach the most number of
individuals because they are serving society and receiving reputation and notoriety in
exchange for their efforts. TCS’s promotional strategy in its marketing mix is unique
and unlike that of any other company involved in advertising and marketing.

Each location has a well-defined collection of


TCS programs. TCS, for example, in India conducts the ALP adult literacy program,
the BPS employment program, the Advanced computer training center – to improve
employability for visually challenged youngsters, and InsighT – for school students,
among other programs. It features programs like STEM education and technology
inclusion, Pro Bono, ENABLE, and goIT, to mention a few, on an international level.
TCS also participates in and organizes many marathons across the world each year.
TCS also encourages its employees to contribute to social well-being through its
Purpose4life program.

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11. Sponsorships: -
1. TCS New York City Marathon: -

TCS has been the title sponsor of the world’s largest marathon, undoubtedly, since
2014. The TCS NYC Marathon is one of TCS’s numerous global running events
(others include the Amsterdam Marathon and the TCS Lidingöloppet), and it
exemplifies the company’s dedication to giving back to the communities in which it
operates.

2. Invictus Games: -

25
Since its start in London in 2014, Jaguar Land Rover has been a Presenting Partner of
The Invictus Games. The Games are supported financially by JLR. The Games’
enormous impact on recovery continues to inspire and motivate sick, wounded, and
ill Servicemen and women.

3. Tata Crucible: -

The Tata Crucible, India’s largest business quiz, is a knowledge endeavor that brings
together India’s brightest minds to compete in a fast-paced quiz that promotes lateral
thinking. The yearly, nationwide tournament, which began in 2004, is split into two
tracks for corporates and campus students. In addition to Singapore and Dubai, the
campus edition is hosted in Singapore and Dubai.

4. Live Tata Literature: -

26
Anil Dharker, the founder and CEO of the Tata group, is the event’s title sponsor.
The festival, which takes place every November, is known for bringing together the
biggest personalities in the literary world as well as heated debates on economics,
politics, and social concerns.

5. First Book: -

Tata For more than a decade, North America and First Book have collaborated to
improve the lives of children by ensuring that all children have equitable access to
quality education and assisting those who are in need. Tata and First Book help
youngsters learn to read by giving them books and other learning materials. Over
500,000 books have been delivered since 2008, according to the organization.

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12. Marketing campaigns of TCS: -

1. #TCSPartOfYourStory: -

TCS launched a corporate brand campaign dubbed


#TCSPartOfYourStory to highlight the company’s role in India’s digital journey and
how it paved the way for India’s people to experience innovation and progressive
development.
The #TCSPartOfYourStory campaign highlights some of the most compelling stories
of Digital India, as well as TCS’ pivotal role in constructing the country’s digital
backbone, which spans financial services, government services, health care and
pharmaceuticals, logistics and supply chain networks, science and technology,
consumer business, and more.
It allowed people to benefit from the technological boom that has revolutionized the
country and its inhabitants. This ad provides an upclose and personal look at
powerful TCS tales that have an impact on everyone’s lives.
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2. The New Tagline of TCS: -

After 15 years, Tata Consultancy Services (TCS) has revamped to appeal to


millennials. The company’s new tagline, which replaces
“Experience Certainty,” is “Building on Belief.”
‘Building on Belief,’ according to the business’s Chief Marketing Officer (CMO),
does not imply that the corporation is abandoning its promise of assurance to its
customers. The new tagline, according to Rajashree, is designed to appeal to
millennials, not just about where TCS is now, but also about where the company
wants to be in the next decade. She stated that it is centered on bringing the voice of
the “young TCS” to the forefront.

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13. Digital Presence of TCS: -

The TCS has accounts on all of the major social networking sites. They focus on their
rich history and showcase their developments as well as their future intentions
through their accounts.

o Instagram:

On Instagram, TCS (Tata Consultancy Service) has a following of 284,000


people. They use Instagram stories and posts to announce new initiatives and
items.

o Twitter:

30
On Twitter, TCS (Tata Consultancy Services) has 478,000 followers. The
inventive use of hashtags and the organization of rewarding competitions are the
reasons for such a large following on Twitter.

o LinkedIn: -

TCS has a LinkedIn following of 7,015,243 people. The content on LinkedIn is


primarily inspired by TCS’s other social media platforms. The increasing reach is due
to the TCS’s brand value and awareness, which encourages young people to seek
employment here.

31
S.W.O.T. Analysis
S.W.O.T.
Analysis Of TCS: -

SWOT analysis is a structured approach to evaluating a company’s strategic position


by analyzing its strengths, weaknesses, opportunities, and threats. It is a simple
technique to analyze the outcomes of a marketing evaluation. The SWOT analysis of
TCS is as follows: -

32
1. Strengths of TCS: -
Strengths are an organization’s distinct skills that offer it a competitive edge in gaining
greater market share, attracting more customers, and maximizing profitability. TCS’s
strengths are listed below:

• Extensive Global Reach –


TCS’s global reach, which currently extends from North America, the United
Kingdom, Africa, Europe, and the Asia-Pacific regions, reflects the company’s
efforts to obtain as much coverage as possible in diverse areas. TCS has a strong
worldwide image thanks to its presence in a variety of geographical locations.

• Major number of Customers from various sectors –


TCS supports customers in a wide range of industries, including banking, finance,
retail, telecommunications, and media & entertainment.
Exposure to different enterprises mitigates the hazards of overdependence on a
particular market or industry.

• Strong reputed Brand Image in the market –


TCS has unquestionably created its brand, image, and reputation; it keeps its
consumers satisfied and acts as a sign of excellence.

• Well established strategic alliances –


TCS has formed significant alliances with multinational companies all around the
world. It collaborated with technology powerhouses such as Amazon, Adobe, Dell,

33
Bosch, and HP, among others. Through these partnerships, TCS provides both
technologically viable and creative commercial and tactical solutions.

• Robust Service Portfolio –


TCS has a diverse service offering that includes application development and
maintenance of Business Process Services (BPS), IT infrastructures, business
intelligence, and more. A robust and diversified portfolio is drawn to various
corporate clients.

• Excellent returns on capital invested –


TCS has an excellent track record of executing new projects and generating good
returns on capital expenditure by establishing new income streams.

2. Weaknesses of TCS: -
Weaknesses are elements of a company or brand that need to be improved. The
following are TCS’s significant flaws:

• Performance of Diligenta deteriorated –


Diligenta, a TCS subsidiary, has consistently performed poorly. TCS’s bottom line is
unlikely to improve rapidly as a result of the enterprise’s poor performance and hence
has a negative effect.
• Legal Squabbles –
TCS filed a lawsuit against Epic System in 2014 for suspected abuse of private
information. TCS was found guilty in 2016 and was charged $940 million in
damages. TCS objected to and rejected the higher competence’s decision. Such
incidents hurt the company’s image.

• The product segment is not relatively impressive –


While TCS does well by delivering the greatest services, its products aren’t what one
would anticipate from a company of its kind. They do require some effort.

3. Opportunities for TCS: -


Opportunities are possible areas of emphasis for a firm to focus on to enhance
outcomes, boost sales, and, eventually, profit.
34
• Emerging Interest in Cloud Computing –
Digital technologies and high-speed internet access have evolved. Spending on cloud
services will rise at a CAGR of 19% over the next five years. Society is shifting
towards cloud-based solutions. TCS has a robust cloud-based infrastructure and is
thus prepared to capitalize on the created demand.

• M2M Solutions –
Wireless and cable communications systems are both enabled by
Machine to Machine (M2M) solutions. There are bright possibilities for M2M
solutions in the future, and revenues are projected to be substantial. TCS offers a
comprehensive variety of M2M services, allowing the need for M2M solutions to be
met.

• Transformation of the Digital Universe –


Because the world is becoming more digital, business forces are altering the digital
economy. TCS’s primary goal is to digitally transform and deliver digital solutions.
TCS could expect more expenditure on technology for digital transformation.
• Solutions for mobility –
With a rising mobile worker population and the increased usage of sophisticated
mobile devices, enterprise mobility solutions are expected to be driven by business
applications.

4. Threats to TCS: -
Threats are environmental elements that might hurt a company’s success. TCS’s
threats include the following:

• Competition is fierce –
IT firms such as Infosys, Wipro, Capgemini, Deloitte, Accenture, and others confront
fierce rivalry. As a result, the industry is experiencing price wars and has a restricted
market share.

• A high rate of attrition –


The Indian IT sector has a high rate of turnover, which raises the expense of
providing new workers with skills and leadership development and hurts the
company’s reputation.

35
• The Constraints on Immigration –
With immigration regulations, increasing H-1B visa fees, and changing political
situations in the US, Indian IT firms are anticipated to suffer as they increase their
costs and damage profitability, posing a risk to the sector.

• Large multinational corporations –


Large multinational corporations are expanding into India and competing for a
worldwide clientele.

Relevance Of Study
Relevance Of Study: -

I. This Study is relevant because it assesses the marketing perspective of TCS.

II. This Study Analysis the marketing strategy Of TCS As Per the changing needs
and environment of the business.

III. This study analyses the marketing network of TCS.

IV. The study is relevant as its analysis of the growth expansion Strategy Of TCS.

V. This study is relevant Because its analysis changes marketing needs and
counters the marketing strategies of TCS.

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Objectives Of The Study

Objectives: -

I. To study the marketing model of TCS.

II. To study various marketing costs associated with TCS marketing strategies.

III. To study the TCS value creation model.

IV. To study various marketing techniques of TCS.

V. To study business processing and customer service procedures.

VI. To analyze different advertisements of TCS on social media handles.

Hypothesis

Hypothesis: -
A hypothesis is an assumption, an idea that is proposed for the sake of argument so that
it can be tested to see if it might be true.

The research hypothesis of TCS: -

H0: TCS hasn’t built its marketing chain on an individual basis.

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H1: TCS has a cost-effective marketing network.

H0: Various technical glitches might be incurred that affect the marketing
campaign of TCS which hasn’t address immediately H2: TCS is using advanced
technics to reach out to maximum customers.

Research Methodology
Research: -

Research is defined as careful consideration of study regarding a particular concern or


problem using scientific methods. According to the American sociologist Earl Robert
Babbie, “research is a systematic inquiry to describe, explain, predict, and control the
observed phenomenon. It involves inductive and deductive methods.” Inductive
research methods analyze an observed event, while deductive methods verify the
38
observed event. Inductive approaches are associated with qualitative research, and
deductive methods are more commonly associated with quantitative analysis.

Research is conducted with the purpose of: -


• Identify potential and new customers
• Understand existing customers
• Set pragmatic goals
• Develop productive market strategies
• Address business challenges
• Put together a business expansion plan
• Identify new business opportunities

Research Methodology: -
A research methodology encompasses how you intend to carry out your research. This
includes how you plan to tackle things like collection methods, statistical analysis,
participant observations, and more.

Methods Of Data Collection: -

I. Primary Data
The primary data is that data that is collected fresh and first hand and for the
first time which is original.

II.Secondary data
Secondary research or desk research is a research method that involves using
already existing data. Existing data is summarized and collated to increase the
overall effectiveness of the research.

In this research, I import the data from secondary data collection sources.
I collected data and we will be going to collect the data from TCS’s Official websites
Google, and Wikipedia.
Purpose Of Research: -
o Exploratory: -
As the name suggests, researchers conduct exploratory studies to explore a group of
questions. The answers and analytics may not offer a conclusion to the perceived
problem. It is undertaken to handle new problem areas that haven’t been explored
before. This exploratory process lays the foundation for more conclusive data
collection and analysis.

o Descriptive: -
It focuses on expanding knowledge on current issues through a process of data
collection. Descriptive research describes the behavior of a sample population. Only
39
one variable is required to conduct the study. The three primary purposes of descriptive
studies are describing, explaining, and validating the findings. For example, a study
was conducted to know if top-level management leaders in the 21st century possess the
moral right to receive a considerable sum of money from the company’s profit.

o Explanatory:
Causal or explanatory research is conducted to understand the impact of specific
changes in existing standard procedures. Running experiments is the most popular
form. For example, a study that is conducted to understand the effect of rebranding on
customer loyalty.

Types of research methods: -

Research methods are broadly classified as


Qualitative and Quantitative.

Both methods have distinctive properties and data collection methods.

o Qualitative methods: -

Qualitative research is a method that collects data using conversational methods,


usually open-ended questions. The responses collected are essentially non-numerical.
This method helps a researcher understand what participants think and why they think
in a particular way. Types of qualitative methods include:
1. One-to-one Interview
2. Focus Groups
3. Ethnographic studies
4. Text Analysis
5. Case Study

o Quantitative methods: -

Quantitative methods deal with numbers and measurable forms. It uses a systematic
way of investigating events or data. It answers questions to justify relationships with
measurable variables to either explain, predict, or control a phenomenon. Types of
quantitative methods include: -

1. Survey research
2. Descriptive research
3. Correlational research

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Data Collection
Data Collection Definition: -

Data collection is defined as the procedure of collecting, measuring, and analyzing


accurate insights for research using standard validated techniques. A researcher can
evaluate their hypothesis based on collected data. In most cases, data collection is the
primary and most important step for research, irrespective of the field of research. The
approach to data collection is different for different fields of study, depending on the
required information.

The most critical objective of data collection is ensuring that information-rich and
reliable data is collected for statistical analysis so that data-driven decisions can be
made for research.

Different Methods of Data Collection: -


While the phrase “data collection” may sound all high-tech and digital, it doesn’t
necessarily entail things like computers, big data, and the internet. Data collection
could mean a telephone survey, a mail-in comment card, or even some guy with a
clipboard asking passers-by some questions. But let’s see if we can sort the different
data collection methods into a semblance of organized categories. The two methods
are:

o Primary.
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As the name implies, this is original, first-hand data collected by the data
researchers. This process is the initial information gathering step, performed before
anyone carries out any further or related research. Primary data results are highly
accurate provided the researcher collects the information. However, there’s a
downside, as first-hand research is potentially time-consuming and expensive.

through reskilling the workforce at scale and helping customers realize the benefits of
emerging technologies.

The company’s industry-aligned, customer-centric organization structure has resulted


in each business unit acquiring tremendous domain depth, and the account teams
within those units building up immense customer-specific contextual knowledge. This
domain expertise, contextual knowledge, project management experience and
technology expertise gained on the job represents a conversion of human capital into
intellectual capital.

CS applies some of its intellectual capital towards investments in research and


innovation (R&I), exploring the creative use of newer technologies to solve business
problems across different industry verticals. In addition to its intellectual capital, TCS
also partners with leading technology providers, start-ups, and academic researchers to
leverage their intellectual capital and build solutions.

These expand the organization’s intellectual capital; create new revenue streams, add
to the financial capital; and enhance its brand positioning i.e. relationship capital.

Market Share Of TCS: -


“TCS has a 15 percent market share by revenue in capital markets BPO, robust
capabilities across investment banking and asset management, and a strong base of
clients across the U.S. and Europe.

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Market Capital

TCS Tech Mah Infosys HCL Wipro

Suggestions And Findings: -

I. TCS Should Have introduced new marketing strategies to reach out to more
customer domains.

II. TCS is facing tough competition from the competitors present in the market
i.e.; Infosys, Cognizant, Tech Mahindra, and Wipro.

III. TCS has to be used on Social Media platforms more aggressively Throughout
the market.

IV. As TCS is a global company having a presence in globalize economy, so


value creation model is not the only way to expand its organization.

V. TCS is using Rapid marketing Campaigns throughout every marketing


platform, but it should be wider and more expandable throughout the world.

VI. TCS is facing perfect healthy competition from their competitors hence
marketing strategies should be more reachable.

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Conclusion
Conclusion: -
I. Historically, TCS has focused on the creation of multimedia and creativity
software products, however, through exploration, innovation, and exploitation
the company has evolved into a broad-based Internet application.

II. While not entirely without, TCS enjoys a very limited number of competitors
with product and service lines that closely mirror its own The company will
need to manage explosive growth without sacrificing its positive company
culture and reputation for meeting the needs of consumers by delivering
quality services and products.

III. TCS has seen excellent revenue growth as demand for its core transformation
services develops and through landing transactions worth more than USD 6.8
billion in the fourth quarter of 2020.

IV. Tata Consultancy Services (TCS) is the third most valuable IT services brand
in the world, behind Accenture and IBM, and holds a slot in the top 10 TCS
has dominated not only the Indian industry but also the worldwide market,
thanks to its diverse workforce base, cutting-edge technology, and innovative
business models. TCS is hoping for even better results in the coming year.

Bibliography
Bibliography: -

Books: -

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o How TCS Built an Industry For India
Author: - R. Gopalakrishnan

O The TCS Story And Beyond


Author: - S. Ramadorai

o Marketing Management
Author: - Philip Kotler

Websites: -

o https://www.tcs.com/

o https://en.wikipedia.org/wiki/TCS

o https://iide.co/case-studies/marketing-strategy-of-tcs/

o https://www.encyclopedia.com/

o https://timesofindia.indiatimes.com/

News Paper and Magazines: -

o The Times of India

o The Hindu

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THANK
YOU
-KRUSHNAL BHATTI

46

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