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FINAL REPORT

                 ON




  COMPARATIVE MARKET ANALYSIS OF
 SAMSUNG ELECTRONICS VIS- A- VIS ITS
          COMPETITORS




SAMSUNG INDIA ELECTRONICS PVT LTD.



                   1
REPORT

                            ON




    COMPARATIVE MARKET ANALYSIS OF SAMSUNG
                 ELECTRONICS

              VIS- A- VIS ITS COMPETITORS




A report submitted in partial fulfillment of the requirements
                             of
                     MBA Program of
            Jaipuria Institute of Management




                              2
TABLE OF CONTENTS
           Acknowledgement………………………………………………………………………
…4
     1. Abstract ……………………………………………………….................. ………5
     2. Introduction ………………………………………………………………………..6

            a. Overview of the Consumer durable sector………………………………..7-8
              b. Company profile……………………………………………………………..9-
10
            c. Laying the foundation to become a world class company……………11-12
              d. Comparative analysis ……………………………………………… ……13-
15
            e. Consumer perception………………………………………………………..16

      4. Objective of Research…………………………………………………………….17-18

           a. Research Methodology…………………………………………………..........19

           b. Sources of data collection………………………………………………………20

      5. Analysis of Dealers Questionnaire on CTV…………………………………….21-
27

      6. Analysis of Dealers Questionnaire on AC………………………………………28-
33

      7. Findings from the Consumer Questionnaire……………………………………34-
41

      8. Analysis of sales Data of Samsung……………………………………………..42-
46

      9.    Findings of the Report………………………………………………….............47-
48
     10.    References ………………………………………………………………………50

      11. Proposed Questionnaire………………………………………………………..51-
62

     12. Conclusion………………………………………………………………………….63




                                        3
4
ABSTRACT


 “All human actions have one of these seven causes: chance, nature,
compulsion, habit, reason, passion and desire”. As a human being the major
cause to take over this project was reason. The reason is to accomplish my task,
aim, and motive of enhancing my knowledge and to know more about the consumer
durable industry. Consumer durables have become inseparable in this era of
modernization and thus influence even the common men’s life. This is one of the
fastest growing industry with an growth of about 8% every year. Invention and the
launch of new technology is the most important tool of this industry. To maintain the
quality of products provided to the customers the companies dealing in the consumer
durable products has to undergo extensive study and research work. This project
work is a small attempt to understand the dealer, retailer as well as the consumer
behavior in regards to the colour television & Air conditioners and to find out the
position of Samsung among its competitors.
This SIP project is being conducted on Consumer durables i.e. CTV & Air conditioner
for (Samsung India Electronics private limited), I am focusing on Comparative
Market and consumer behavior study of consumer durables of Samsung vis-à-
vis its competitors i.e. Sony, LG, Videocon, Haier, Bluestar. In CTV & A.C
segment. For this the Survey was conducted with a set of questionnaire containing
the questions which helped in obtaining the desired information from the dealers &
retailers. In the next segment of study the consumers has be targeted with a set of
questionnaire for the desired information. Till date around 100 dealers And Retailers
were approached in the Chandigarh and its neighboring districts i.e. SAS nagar
mohali, zirakpur in Patiala and Panchkulla in hariyana state. The information was
obtained through questionnaire as well as by the interview method. The copy of
questionnaire is being attached with this report. The method of personnel interview
was also adopted for those who were unwilling to give any information in writing. At
present around 50 of such interviews have been conducted keeping in mind the
requirements of the survey being conducted.




                                         5
This report also includes the analysis of around 10 year’s sales data. This data with
 the help of Le square method is used to predict the future demand as well as the
                                       sales
                                   Of Samsung.




                                         6
INTRODUCTION

A comparative marketing study of Samsung Electronics vis-à-vis competitor’s (L.G,
Haier,   Videocon,    Bluestar,   Sony    )       in   the   area   of   Chandigarh   and
Surroundings……………

“All progress is born of inquiry. Doubt is often better than overconfidence, for it leads
to inquiry and inquiry leads to investigation” Research inculcates scientific and
inductive thinking and it promotes the development of logical habits of thinking and
organization.

Research is a common parlance refers to a search of knowledge. The advanced
learner’s Dictionary of current English lays down the meaning of research as a
careful investigation or inquiry especially through search for new facts in any branch
of Knowledge

What is comparative Marketing study? In comparative marketing research we take
our competitor’s products and make comparison through consumer with our own
products.

Why Comparative Marketing study? Comparative marketing study/research comprise
one of the most important and fascinating task of marketing. It provides information
for marketing decision making, any problem that are identified and investigated
further by using problem solving techniques with the objective of arriving at solution.
The most important innovation in the new approach is to study simultaneously
different organizational forms of business interest representation. The aim of the
study is to point out the best (in this respect) among the alternatives that are
being studied. The final aim perhaps is not only to find the best, but also to
improve it or similar objects later on.




                                              7
Overview of the Consumer Durable Market
The consumer durable market in India has seen a proliferation of brands and product
categories in recent years.
Most major international brands from Japan, Korea, US, Europe and China have
been launched in India with
varying degrees of success. One of the largest barriers to entry for any brand in India
is the distribution network.
The cost of servicing the network is huge for any brand. The consumer is aware of
the cost-benefit, or value for
Money aspect. Financing options are crucial in case of high-priced products. They
increase the affordability for a
Wider segment of population. Like in any country, the consumer durable industry in
India is largely dominated by colour televisions (CTV), which account for 56% of the
consumer durables industry.




Consumer Durable Market Pie In Financial year




                                           8
Growth of Consumer Durable Market




                          9
Company Profile

Founded in 1938, Samsung Corporation is one of Korea’s most enduring and
respected corporations, having stood behind the advancement of the national
economy for more than three quarters of a century. At the origin of Samsung Group,
Samsung Corporation was the trading arm of the group, epitomizing its vibrancy and
dynamism in the area of global trade. Its designation in 1975 as Korea’s first-ever
General Trading Company marked a new chapter for its overseas operation, which
since then grew into a scope truly worthy of a global trader. Samsung Corporation’s
entrepreneurship and achievement on the world scene have been a major inspiration
for Korea’s trading community.




In a continuing bid to expand its business area beyond the confines of international
trade, in 1996, Samsung Corporation merged with Samsung Construction, and in
1997, launched into the retail business. Currently, Samsung Corporation is engaged
in two major business areas: trading, construction. The organization consists of two
business groups, with the retail business headquarter under the trading group, and
with the housing development headquarter under the construction group.
The Trading Group, currently operating from its 71 overseas offices, exports
semiconductors, machinery, plants, iron & steel, chemical products and textile; and
imports energy, chemical products and machinery & equipment. In addition to trading,
the Group carries out a variety of other projects including overseas investment,
project organizing services and energy & natural resource development projects.



                                          10
The Construction Group, a provider of construction and engineering services, is
also a plant builder and housing developer. To date, the group has to its credit
Malaysia’s Petronas building, the world’s highest edifice, 452m high, boasting 92
stories aboveground; New Busan Port; Incheon Int’l Airport; Ulchin Nuclear Power
Plant; and Raemian and Trapalace, the apartment complexes. From energy
resources to housing, each of these projects is a powerful testimony to the group’s
technological excellence. Last year, the group entered into a contract to build the
world’s highest building, Burj Dubai.


Notably, Raemian, one of Samsung’s signature apartment complexes is a remarkable
triumph, hailed as new standard-setting luxury housing. The success of Raemian,
topping the National Customer Satisfaction Index (NCSI) in the apartment category
for eight consecutive years, has driven up our overall market share in housing
development to the top of the scale as well.


The Retail Business is buoyant and thriving with Samsung Plaza Bundang , a multi-
feature shopping center, and Samsung Internet Shopping Mall, familiarly referred to
as “Samsung Mall” as its two main platforms.




                                          11
Laying the foundation to become a World Class
Company




Year 2006


Jan          Developed the first-ever speech recognition phone
        Developed innovative 8-chip stacking MCP technology
        Posted more than $10 billion in net profit
        Became the world’s top three companies with the most patents, launched patent-
        based management


Feb          Released digital slim TV with the narrowest body depth
        Released the first notebook PC with embedded terrestrial DMB receiver
        Samsung Blueblack phone, SGH-D500, was selected as "The Best Handset" at
        3GSM global conference in cannes, France
        First commercialization of terrestrial DMB phone in Korea
        Developed DDR3 DRAM
        Developed the first wrinkle-free steam washer


Mar          Developed the first HSDPA terminal for commercialization and ultra-high
speed
        HSDPA system
        Cash payment to more than 15,000 SMEs
        Developed 82" TFT-LCD
        Developed 7 megapixel camera phone


Apr          Became the official sponsor of Chelsea, the renowned English soccer club


May          Developed the world’s first OLED for 40" TV


                                             12
Completed and announced standard dimension for 8 th and 9th generation LCD
        Panels
        Released the first HD class PDP TV with 10000:1 contrast ratio
        Began mass production of 70 nano processed 4 GB NAND flash memory


 June        Accumulated production volume of large LCDs surpassed 100 million
units
             Began upgrading digital audio business to the world’s top level
             Launched a new brand campaign with the theme of "Imagine"
             Released the first 5 megapixel, 3x optical zoom camera phone
             Began mass production of 90 nano processed 1 GB DDR2 DRAM


 July        Released the world's first 7 mega pixel camera phone


 Aug         Released the world's biggest DLP TV


 Sep         Developed the world's first 50nm 16Gb NAND Flash
             Released the world's first Blue-Ray Home AV Center


 Oct         Blue-black phoneⅡ(SGH-600) selected as the "Mobile Choice's Phone
of
         the Year"
             Developed the world's first 70nm DRAM
             Developed the world's fastest speed graphic DRAM(GDDR4)


 Nov         Developed the largest Flexible LCD Panel


 Dec         Received "25 iF Design (Germany) awards"
             Handset shipments reached over 100 million




                                           13
Comparative Analysis

A comparative Analysis of Samsung Electronics vis-à-vis competitor’s (LG, Haier,
Videocon, Sony, Bluestar) in Chandigarh

What is comparative Analysis? In comparative Analysis we take our competitor’s
products and make comparison through consumer with our own products. Why
Comparative Analysis? Comparative Analysis comprises one of the most important
tasks of marketing. It provides information for marketing decisions. Problems are
identified and investigated further by using problem solving techniques with the
objective of arriving at solution. The most important innovation in the new approach is
to study simultaneously different organizational forms of business interest
representation. The aim of the study is to point out the best among the Variables that
are being studied.

The study will also include the survey which will be targeting about 100 dealers in the
area of Chandigarh. The main emphasis in the survey will be given on the sales of
Samsung in comparison to its competitors in CTV & AC segment, the consumer
perception about the brand will also be taken into consideration while conducting this
survey.

The analysis of the buying behavior in respect to AC& CTV will be another important
component of my study. Buying behavior of the consumer is a study of how
individuals make decisions to spend their available resources (time, money & effort)
on consumption related items (what they buy, why they buy, where they buy, how
often they buy and use a product or service). The heterogeneity among people
across the world makes understanding consumer buying behavior an intricate and
challenging task. The consumers’ identity, his beliefs, specific needs, attitudes and
the kind of product and brand available in that product category influence his buying
behavior. The marketing efforts of a firm have a profound impact on the buying



                                          14
decisions of customers. Therefore the attempt of my survey will be to obtain an in-
depth knowledge of the customers buying behavior.

The effect of external variables on purchasing pattern of customer will also be
considered here the external variables refer to all those factors which will be affecting
the consumer purchasing decisions, these can be price of the goods and on its
attitude to respond to functional needs. The critical variable under this approach is the
availability of adequate information about purchase alternatives (price, product
functionalities) to support the decisional process.

    •      The external conditioning approach, according to which the purchase decision
           is a response to external stimuli. The critical variable under this approach is
           which kind of external stimuli can influence purchase decision.
    •      The experience and the social interaction - based approach, according to
           which the present consumer decision aims at the construction of personal
           identity.

Another component of my study will be the analysis of the brand (Samsung) on four
P’s i.e.

•          Product

•          Pricing

•          Promotion

•          Placement.

These are the four factors which help an organization to understand the market and
help in taking future decisions relating to the launch & the strengthening of the market
for the brand.


Benefit to company:
    1. Display Share Tracking: Display share tracking will help us to find out these
           information
                It will be used to revealed potential demand of each product.



                                              15
With the help of display tracking we will find out the highest selling
         product and lowest selling product in the market.
         It will help in taking decision during the line expansion and line pruning.
2.   Consumer perception: This is done with the aim of capturing the true words
     and emotions of consumer, and in turn using this information to improve or
     developed products or to determine people attitude toward the products.
         It will help company to get feedback from consumer.
         It will prevent the undervaluation of competitor and we can find the
         strength and Weakness of our product.
         This will help us to stay ahead in competition
         It will encourage value creating investment.
         It will help in maximizing the consistency of value creation
         Measuring performance
         It will help us for market share analysis.

So I can say this study is more suitable for Samsung to compete and survive in
lobal market.




                                        16
Consumer perception

As it is well known proverb of marketing that “Consumer is the king” it is mandatory
for any researcher to know the opinion of the consumer regarding the products on
which he is going to conduct the study. This research work will include a consumer
questionnaire on the consumer goods which has been taken as the part of the study
the questionnaire mainly aims at .

   •   Awareness of the consumer about the brand
   •   His decisions whether dependent or independent
   •   Purchase pattern
   •   Brand loyalty level
   •   Current consumer durables in home
   •   What is the impression of consumer about Samsung


This questionnaire will mainly help out in reaching at the actual consumer perception
of the consumers about the brand. This is done with the aim of capturing the true
words and emotions of consumer, and in turn using this information to improve or
developed products or to determine people attitude toward the products.

        2.1 It will help company to get feedback from consumer.

       2.2 It will prevent the undervaluation of competitor and we can find the
       strength and Weakness of our products

        2.3 This will help us to stay ahead in competition.

        2.4 It will encourage value creating investment.


                                          17
2.5 It will help in maximizing the consistency of value creation.

           2.6. Measuring performance

          2.7   It will help us for market share analysis.

   So I can interpret, this study is more suitable for Samsung to compete and survive
   in global market.


                                   OBJECTIVE

The major objective of the study is to analyze the position of Samsung Vis-à-Vis its
competitors and to identify weak areas and provide recommendations for the sales.
The consumer durable market has grown considerably in last few years in India. With
the growth, the level of competition has grown as well. Literally every day companies
come up with new attractive offers to grab the better share of the market. The
challenge is not only to get the new customer but also to continue with the existing
customers.

The objective of doing the project is to:

-Identify the Dealer and Consumer perception about the Samsung products with
respect to its competitors in CTV & AC segment.

- To suggest some differentiating strategies to stay ahead in competition in CTV& AC
segment.

- To identify the factor affecting the four Ps i.e.

            •   Product
            •   Pricing
            •   Promotion
            •   Placement.


Example:

What are the parameters on which consumer makes his purchase decision?


                                              18
Parameters                                   Rank

O        Price                                      ……….

O        Packaging                                  ……….

O        Product Features                           ………..

O        Brand Name                                 ……….

O        Product Quality                             ……….

O        Product Design                              ……….



SCOPE OF STUDY:


    1.      Impact of consumer durables (being taken in to the study) on the
            consumers, retailers, dealers.


    2.      Comparison of Samsung with other competitors.




METHODS OF COLLECTING DATA AND THEIR SOURCES:


Secondary Data:
The secondary data for the project is collected from websites. The other data was
collected from the offer document and informal discussion with company members.
References are also taken from search engines.


Primary Data


The primary data is collected by interviewing the concerned persons.
Dealers Questionnaire, Consumer Questionnaire is prepared to collect the data
and this data will be analyzed for studying the position of Samsung in comparison to
that of its competitors i.e. Sony .L.G. Haier, Videocon, Bluestar,


                                             19
Research Methodology

“Research is the systematic design, collection, analysis and reporting of data and
findings relevant to a specific situation or problem”. The objective of this section is to
describe the research procedure and methods that have been adopted for the
achievement of the project objectives.

a. Research Design: Exploratory research study

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. My research is comparative in nature.




b. Method of Data collection: In order to study the consumer perception regarding
the uses of Samsung Products with respect to other companies in Chandigarh both
primary and secondary data will be collected.

       The study proposed to collect Primary data through questionnaire using
         survey method. So as to give a precise, accurate, realistic and relevant
         data.
       The secondary data as it has always been important for the completion of
         any report provides a reliable, suitable, equate and specific knowledge. The
         data will collect from various magazines, fact sheets newspapers and
         websites published by the company.

c. Sampling Technique: The study proposed to use convenience sampling.


                                           20
d. Sample Area:     In order to make a comparative analysis study the consumer
perception as well as dealer & retailers perception of Samsung products with respect
to its competitor, the data for the study has been collected through a survey of
Dealers/Retailers of Chandigarh and surroundings.




                                Sources of Data
The nature of the data that has been used in the project under study is both primary
and secondary in nature.

Primary data

Questionnaire, personal meetings, interview method with the concerned persons will
be used to collect the primary data.

Secondary data

Offer documents, fact sheets, news papers, magazines published from time to time
and Internet, Company sources.




                                        21
ANALYSIS OF THE DEALERS QUESTIONNAIRE
                                      FOR (CTV)

For this purpose I conducted a survey with the sample size of 100. This sample
includes the dealers and the retailers in the area of Chandigarh and
surroundings. The questionnaire having 16 questions was prepared to obtain
the desired information and the method of personnel interview was also
adopted for those dealers who were not interested in filling the questionnaire
and the data got is then analyzed and following are the results for the same.


   The starting of my questionnaire with the question 1.Which of the following
   brands of CTV, you are dealing in? This question mainly gives the idea that how
   many dealers and the retailers are dealing in single and multiple brands Fig 1.0
   shows that out of 100 dealers and retailers who were part of survey in Chandigarh
   and surroundings where 38 were dealing in the single brand only and the others
   were dealing in multiple brands.




                                         22
Dealers Ratio


                                                   Single brand 38%

                                                          singleBrand
                                                          multiple Brand




         Multiple brand 62%




                              Fig 1.0
   3.    How many models do you display for each brand? Mainly the 15, 21,
         29, LCD & PLASMA were considered for the brands Samsung, Sony, LG,
         Haier, Videocon and the major dealers and the retailers were interested in
         keeping the brand most sold. The fig 1.2 shows that out of the total survey
         the proportion.

               Average Proportion of Display at each Store

                              5%
                   7%
                                         14%                  15 Inch
             20%                                              21Inch
                                                              29 Inch
                                             54%
                                                              LCD
                                                              PLASMA




                                   Fig 1.1
   This question also bought up an idea that lower end markets have more
   proportion of 15, 21 inch display as compared to that of high end market.


3. Which are the two highest selling models of each company in CTV & their
   prices?
The models that were sold more in comparison to others for the same brand in the
CTV segment are as follows.

                              The highest selling Models

                                              23
Samsung                        21inch Plano- z30 , Z43
LG                             21inch Flatron -21FD 2RG- TX, 21FC8RG-AX
Haier                          21inch Platron- 21F2A, 21F9D
Videocon                       21inch Challenger-
Sony                           21inch KVHM213 M80, KVFA 21M 83




      4.     To what extents, following brands of CTV are preferred by
             customers?
      This question was mainly asked to have an overview of how the customer
      responds to a particular brand and the results are shown in the fig 1.2


                       Customer brand prefrence in 21 inch
           40%

           35%

           30%

           25%

           20%

           15%

           10%

           5%

           0%
                 Samsung      Sony         LG       Videocon       Haier


                                     Fig 1.2


      Average demand for the brand has been also estimated with the findings of the
      same question.




                                            24
Customer Prefrence for Brand



                                     8%                           Samsung
                       12%                      26%
                                                                  Sony
                       22%                                        LG
                                               32%                Videocon
                                                                  Haier




                                     Fig 1.3




          5.    What is the price band for which the customer looks for while making
                purchase decision? With this question the major objective of my survey
                was accomplished it reveals what the consumer need in the particular
                segment as shown in the table below.


Segment                      Brand                                     Price range
15 inch                      Videocon                                                       5000
21inch                       Samsung/LG                                                     9000
29inch                       Sony/Samsung                                               15000
LCD                          Samsung                                                    40000
PLASMA                       Samsung/LG                                                 55000



      7. What is the expected percentage of customers who are willing to pay? With
      the survey and then the analysis of the data concludes that in the high end markets
      like of Sector 22, 24, 34, 17, the ratio of premium an low end customers was 60: 40
      as shown in Fig1.4




                                                25
Proportion of customerss in high end markets


     low-end Customer 40%




                                        Premium Customer 60%




                           Fig 1.4
While in the lower end markets like Naya gaon, Daddu majara, Baltana, Badial &
Manimajara the proportion of Premium and low end customer is of the ratio 20:80.
As shown in the fig 1.5.




            Proportion of customers in Low-end markets
                                     Premium Customers 20%




             Low-end Customers 80%



                              Fig 1.5




Q9 what is the annual estimated sales of CTV? After taking out the average of
the low-end and premium markets the results obtained are that the average
annual sales of the premium end market that comprises of 43 dealers and
retailers was as under


                                        26
Brand Name                      Annual average estimated sales
 Samsung                                               6192 pieces p.a
 Sony                                                  5676pieces p.a
 L.G                                                    6708pieces p.a
 Videocon                                              2580pieces p.a
 Haier                                                 1032pices p.a


Q10. At which visit, customer generally finalize his/her decision for buying a
      CTV?
 This mainly gives an overview of how customers make their purchase decision
      when they enter in to show room. The results of this analysis are shown in the
      fig 1.6


                            Customer Decision Index
       90%
       80%
       70%
       60%
       50%
       40%
       30%
       20%
       10%
        0%
                  1             2                  3            Any other
                            Visit to Show room

                                    Fig 1.6


Q12. When customers mostly visit showroom for buying CTV?
   Question 11& 12 mainly help in predicting that which offer attracts the customer
     the most and the results obtained after the analysis work are shown in the fig
     1.8




                                              27
Customer Visit Index
      70%

      60%

      50%

      40%

      30%

      20%

      10%

       0%
             Discount offer   exchange offer   new features   Any other



                                   Fig 1.8


Q13. What is the most acceptable size in CTV now days?
    The question mainly emphasized on bringing out the most acceptable size of
     CTV in each segment and thus the results obtained are shown as under.

Segment                                             Size
CTV                                                                              21
LCD                                                                              31
PLASMA                                                                           42
Q14. Below are different modes of promotion. Please rank following modes
     from 1 to 7, on the basis of their influence on customer.
  (Rank1=high, Rank 7 = low)
   The major modes of promotion that influenced the customers was audio visual
   mode that comprises of 59% print media occupying 24% and other modes
   influenced them 17% this is shown in fig 1.9




                                               28
Influencial modes of promotion
        Other Media 17%



                                                    Audio visual 59%




     Print media 24%


                                 Fig 1.9
   The other two questionnaires were generally ignored by the retailers as they tried
   to be loyal to the brands in which they were dealing.




ANALYSIS OF THE DEALERS QUESTIONNAIRE
                                    FOR (AC)
For this purpose I conducted a survey with the sample size of 100. This sample
includes the dealers and the retailers in the area of Chandigarh and

                                           29
surroundings. The questionnaire having 16 questions was prepared to obtain
the desired information and the method of personnel interview was also
adopted for those dealers who were not interested in filling the questionnaire
and the data got is then analyzed and following are the results for the same.


The questionnaire with the question 1.Which of the following brands of AC, you
are dealing in? This question brought the fact that how many dealers and retailers
are dealing single and multiple brands of air conditioners this shown in the fig: 1.10




                                      Dealer Ratio


           Multiple brand 32%


                                                                     single Brand
                                                                     multiple brand



                                                Single brand 68%




                                            Fig 1.10
Q2 How many models do you display for each brand?
In this question mainly the 1.0 ton, 1.5 ton and 2 ton capacity of both window split air
conditioner category were considered and the models displayed at each counter on
an average are as under:
                                             Brand Name

Capacity           Samsun             LG               Bluesta       Videoco                 Haier
               g                      w/s        r               n                           w/s
                     w/s                               w/s             w/s

1 Ton          2/1              2/1              2/1             1/1                  1/0
1.5 Ton        3/2              3/1              2/2             1/1                  1/1
2.0 Ton        1/1              1/1              1/0             1/0                  .5/0



                                               30
Q3 which are the two highest selling models of each company in AC & their
          prices?
   Each brand has its unique image for its product thus the highest selling models for
   each brand also vary according to the quality features as well as demand for the
   products the highest selling model for the each brand are as follows


    Brand                                    Model
    Samsung                                  18QB
    LG                                       W18G2
    Videocon                                 SB1608
    Bluestar                                 WAM181YB
    Haier                                    HW12DX

   Q4.To what extents, following brands of AC are preferred by customers?
    The major brands preferred by the customers according to the options given are as
   follows


                               Brand Prefrence by customers
               35%

               30%

               25%

               20%

               15%

               10%

               5%

               0%
                     Samsung        LG      Videocon     Bluestar   Haier


                                          Fig 2.1


   Q5. What is the price band for which the customer looks for while making
   purchase decision?
   This question mainly brought out the conclusion of which price brand generally the
   customer looks for when he makes his purchase decision this is explained as under.



Segment                                                Price Band
1.0 Ton                                                                                  11000

1.5 Ton                                                                                  16000
2.0 Ton
                                                                                         20000
                                             31
Q7 what is the expected percentage of customers who are willing to pay.
Premium, or has the Low-end customers the analysis of the data reveals that the
proportion of premium customers is around 78% as compared to that of low-end
customers that comprise of only 22% .




           Proportion of Premium & Low-end Customers in Market

           Low-end customers 22%




                                            Premium Customers 78%



                                 Fig 2.2
   Q8 what is the annual estimated sales of AC? After taking out the average of
   the low-end and premium markets the results obtained are that the average
   annual sales of the premium end market that comprises of 50 dealers and
   retailers was as under this analysis work constitute the limited sample size and
   thus may no predict the correct figures. the word season means the month of
   March, April, May, June.


Brand Name                       Annual average estimated sales
Samsung                                           24000 pieces per season
LG                                                27000pieces per season
Bluestar                                           25200pieces per season.
Videocon                                           15000pieces per season.
Haier                                              7800pieces per season.




 Q9.   Please rank each of the following features from 1 to 5 on the basis of
their importance to customers



                                           32
This question after being analyzed brought out the conclusion that out of the total
sample size people who gave their 1st preference to brand name were around 42%
and who went for Features were 22% and people who gave their 1st Preference to
price were 28% dealers communication & Design constituted respectively for 2% &
6%. This can easily be understood by the fig 2.3.




                          Customer Prefrence Index
                         6%
                    2%

                                                     Brand Name
                                                     Features
                                      42%
              28%                                    Price
                                                     Dealers Communication
                                                     Design


                          22%




                                 Fig 2.3
Q10. At which visit, customer generally finalize his/her decision for buying
AC?
This mainly gives an overview of how customers make their purchase decision when
they enter in to show room. The results of this analysis are shown in the fig 2.4




                                           33
Consumer Decision Index
           100%
            90%
            80%
            70%
            60%
            50%                                                              Series1
            40%
            30%
            20%
            10%
             0%
                          1                 2             Any other

                                     Visit to Showroom

                                           Fig 2.4
Q12. When customers mostly visit showroom for buying AC?
   Question 11& 12 mainly help in predicting that which Promotional Techniques
     attracts customer the most and the results obtained after the analysis work are
     shown in the fig 2.5


                                    Customer Visit Index
          60%

          50%

          40%

          30%

          20%

          10%

           0%
                  Discount offer    exchange offer    Guift options   Any other



                                                Fig 2.5


Q14. Below are different modes of promotion. Please rank following modes
      from 1 to 7, on the basis of their influence on customer.
The major modes of promotion that influence the customer were audiovisual 64%,
      Print media 28%, Tradeshows 8%.




                                                 34
70%
                                Promotional Technique Index

            60%

            50%

            40%
                                                                             Series1
            30%

            20%

            10%

             0%
                    Audiovisual        Print Media          Tradeshows



                                                  Fig 2.6
Q16. Which Brand you Recommend and why?
As this was the last question the importance of this question was much more as
people tried to ignore it but the information obtained from the analysis of this question
are shown in the fig 2.7



              Dealers Recommendation for the Brand
   40%

   35%

   30%

   25%

   20%

   15%

   10%

    5%

    0%
          Samsung          LG          Bluestar        Videocon      Haier



                                  Fig 2.7




                                                  35
FINDINGS             FROM          THE           CONSUMER
                    QUESTIONNAIRE


For this purpose I conducted a survey with the sample size of 100. This sample
includes Businessman, Government employees, Private Employees and
Housewives. This includes a questionnaire having 10 questions and the data
got is then analyzed and following are the results for the same.


   1) The first question is ‘which of the following Brands deal in consumer
      durables? ’ And as shown in the fig 1.1, the response was 100%
      positive




                               consumer durables



                                            100%
                                                                   1




                                        Fig 1.1
2) Second question is ‘How do you make your purchase decisions?’
Fig 1.2 interprets the result that 84% of the consumer makes their purchase
decisions with the help of one or the other aided media. But at the same time
around 16% go for unaided purchase decisions.




                                       36
Purchase decision

                             16%
                                                                 aided

                                                    84%          unaided
                                                    aided




                                       Fig 1.2

3) ‘Which purchase pattern is followed at your place?
This question tells about how many people really take the help of there near
and dear ones while making the purchase decision and also helps the
marketers to target the appropriate segment. The result shows that 78% of the
consumers take the help of their family and around 22% of the consumers go
for the individual decision while making the purchase decision. As shown in fig
1.3


                      Purchase pattern of consumers

                                              22%

                                                            Individual
                                78%                         family




                                      Fig 1.3



4) On which of the following parameters you make your purchase decision?
    (Rank them according to your preference)

      a) Price               b) product                                c) Quality




                                         37
d) Brand name                e) Packaging                       f) Features




It tells about how many people out of the 100 consumers give more preference
to the above mentioned options. The result shows that 46% of the consumers
give their 1st preference to price, 6% to product,22% to quality,24% to brand
name, 0% to packaging,2% to Features the graphical representation in fig 1.4,
1.5, 1.6, 1.7, 1.8, 1.9.       Explains it more clearly
. Parameters for purchase decision
                                                                    feature
 Rating Price   Product Quality Brand name                Packaging s
      1     46        6     22           24                       0         2
      2     22       10     14           44                       1         9
      3     18       16     38           10                       2       16
      4     10        8     20           14                       1       47
      5       0      58       4            6                      6       26
      6       4       2       2            2                     90         0




                                         Price

      50
      40
                                                              Price
      30
      20
      10
        0
                1          2      3       4        5      6     7
                                      Rating



                                        Fig 1.4




                                           38
Product

     80

     60
                                                           Product
     40

     20

          0
               1       2           3     4         5       6   7
                                       Rating




                                         Fig 1.5


      100                               Packaging

          80

          60
                   Packaging
          40

          20

          0
                   1           2          3            4       5       6
                                        Rating




                                         Fig 1.6


                                         Quality
     40
     35
     30                                                              Quality
     25
     20
     15
     10
      5
      0
               1           2             3             4       5       6

                                        Rating


Fig 1.7

                                              39
Brand nam e
     50
                                                                Brand name
     40

     30

     20

     10

      0
               1       2        3         4             5        6       7

                                Rating




                                              Fig 1.8




                                     features
          50
                                                                 f eatures
          40

          30

          20

          10

          0
                   1       2         3           4          5        6
                                    Rating




                                    Fig 1.9



5) Which Brands of consumer durables you have been using before?

6) Which consumer durables you posses at your home presently?’



                                         40
7) Do you feel like shifting to some other brand or you are fully satisfied with
the present one?
These three questions mainly bring out the picture how the consumers follow
the trends in the industry these questions mainly emphasize on the consumer
loyalty level. Out of around 100 consumers 42% continued with the same
brand, 36% shifted to some other brand and around 22% were planning to shift
to some other brand. fig    shows the same in more appropriate manner. The
overall analysis shows that only 42 % of the consumers are brand loyal while
58% of the consumers have the tendency of shifting to some other brand.


                     Consumer loyalty level

                     Trend in consumer durable industry
          45
          40
          35
          30
          25
          20
          15
          10
           5
           0
                continuing with   Shifted to some Planning to shift
                 same brand         other brand




                                  Fig 1.10

 8). Please rate the following brands of CTV on the scale of 1 to 5?

This question is for those consumers who are well aware of the existing brands
and have sufficient knowledge regarding each        brand the consumers were
asked to rate the given brands on the scale of 1to 5 on the basis of their
opinion for Quality, features, Design, Screen resolution and efficiency. The
results obtained for the quality rating for CTV for Sony, Samsung, LG, Haier,
and Videocon. Are shown in the fig 2.0 where 32% of the consumers have

                                       41
rated 5 Sony on the contrary Samsung emerged as the leader in this segment
with 48% of the consumers rating it on the scale of 5..


                           Consumer Rating Chart for CTV
           60
                                                            Quality Rating
           50

           40

           30

           20

           10

            0
                  Sony     Samsung      Haier    Videocon        LG




                                     Fig 2.0

Q9. Please rate the following brand of AC on the scale of 1 to 5?
Where 1 mean poor service and 5 mean excellent service
 this question also tested the knowledge of consumers who are well aware of
the existing brands of AC and have sufficient knowledge regarding each brand
the consumers were asked to rate the given brands on the scale of 1to 5 on
the basis of their opinion for Quality, features, Design, Cooling effect and
efficiency. The results obtained for the quality rating for AC Segment for
Bluestar, Samsung, LG, Haier, and Videocon. Are shown in the fig 2.1 where
42% of the consumers have rated 5 LG on the contrary Samsung emerged as
the leader in this segment with 46% of the consumers rating it maximum on the
scale of 5. Followed by the other brands.




                                       42
Consumer Rating Chart for AC
          50
                                                              Quality rating
          45
          40
          35
          30
          25
          20
          15
          10
              5
              0
                  Samsung      LG       Vediocon      Haier      Bluestar


                                       Fig 2.1
10) How far you are aware about Samsung Products& what is its impression in
      Your mind?
   • As shown in fig 2.2, in Chandigarh and Surroundings Samsung enjoys an
     awareness of over 95% and a positive opinion of around 80% in the area




                             Consumer Awareness and Openion chart

                                                                            Awareness among
                                                                                 people
                                                                                  95%
                    Positive openion
                     among people
                           80%




     today.
                                             Fig 2.2




                                                 43
ANALYSIS OF SALES DATA

The sales date collected from the sources has been used to predict the future
Samsung India private limited by using the Least Squares Method

Explanation of the Method

This method is widely used in Practice. It is a mathematical method and with its help
trend line is fitted to the Data in such a manner that the following two conditions are
satisfied

   (1) ∑(Y-Yc)=0

   I.e. the sum of actual deviations of the actual values of Y and the computed
   values Y is Zero

   (2) ∑ (Y-Yc)2 is least

   I.e. the sum of the squares of the deviations of the actual and computed values is
   least from this line and hence the name method of least squares. The line
   obtained by this method is known “as the line of best fit “

   The method of least squares may be used either to fit a straight line trend or a
   parabolic trend.

   The straight line trend is represented by the equation


                            Yc= a+bX

   Where:



                                           44
Y0 = is used to designate the trend Values to distinguish them from the actual

              Values of Y.

          a is the y intercept or the computed trend figure of the Y variable when X = 0

          b represents the slope of the trend line or amount of change in Y variable
  that is associated with a change of one unit in X variable. The X variable in the
  time series analysis represents time.


                     Least Squares trend Method

  Fitting of straight line trend by the method of least squares




Year               Sales           Deviation From2001           XY               X2
                   (Y)             (X) 0.5
            1997        13094724                         -4.5        -58926258             20.25
            1998        16639749                         -3.5        -58239122             12.25
            1999        22810293                         -2.5        -57025733              6.25
            2000        27230939                         -1.5        -40846409              2.25
            2001        24419589                         -0.5        -12209795              0.25
            2002        30518256                          0.5         15259128              0.25
            2003        42321852                          1.5         63482778              2.25
            2004        50911164                          2.5        127277910              6.25
            2005        61848945                          3.5        216471308             12.25
            2006        63479833                          4.5        285659249             20.25
                   ∑y= 353275344                    ∑X   = 0    ∑XY= 480903057        ∑X2 = 82.5




       The equation of the straight line trend is

  a =∑Y/ N

  = 35 3275344/10

  = 35327534.4

  b= ∑XY/ ∑X2

  = 480903057/82.5

                                             45
=5829127.96

Y= 35327534.4 + 5829127.96 X

For 2007 X will be 5.5

: 35327534.4 + 5829127.96 (5.5)

= 35327534.4 + 32060203.79

= 67387738.19 $

Thus the estimated earnings for the year 2007 are $67387738.19




                                       46
CORRELATION ANALYSIS


      Analysis of the Brands Popularity on the basis of their
                                              Ranks

Correlation analysis is a statistical technique used to measure the magnitude of linear
relationship between two variables Correlation analysis cannot be used in isolation to
describe the relationship between the variables. It can be used along with regression
analysis to determine the nature of the relationship between two variables.

The two frequently used correlation coefficients are:

          The Pearson product moment correlation coefficient
          Charles Spearman’s rank correlation




         Analysis by the Charles Spearman’s rank correlation Method

 Brand          Sales in                                                  After sales
 Name           Pieces          Quality       Design       Features       Services          Price
 Samsung         2nd     6192             2            3              4                 5           1
                  rd
 LG              3       5676             1            4              3                 5           2
 Sony            1st     6708             2            3              5                 4           1

 Videocon        4th     2580             1            4              4                 5           2
 Haier            5th    1032             1            3              3                 4           2

         Explanation:

                                               47
It is the technique of determining the degree of correlation between two
        variables incase of ordinal data where ranks are given to the different values of
        the Variables. The main objective of this coefficient is to determine the extent to
        which the two set of ranking are similar or dissimilar. This coefficient is
        determined as under.

         The Charles Spearman’s rank correlation Formula:

        rs =1-[ 6∑di 2]                    Eque 4.2
              n(n2-1)



Solution:

Quality measure




Brand Name                Ranks                       Quality         1-d                     d2

Samsung                                2                    2               0                  0
                                                                        2




LG                                     3                    1               2                  4

Sony                                   1                    2               -1                 1

Videocon                               4                    1               3                  9

Haier                                  5                    1               4                 16

n=5                                                                                     ∑d2 30

     Substituting the values in Equ. 4.2

=                          1-     6x30
                             2
                                 5(25-4)
=                          - 0.5Answer

This indicates that there is a Negative correlation between Quality and Sales ranking
i.e. when the quality of the product improves the Sales ranking volume for the brands
Fall down.




                                                 48
Design measures




Brand Name              Ranks                      Design         d                    d2

Samsung                             2                   3         -1                    1

LG 1-                               3                   4         -1                    1

Sony                                1                   3         -2                    4

Videocon                            4                   4          0                    0

Haier                               5                   3          2                    4

n=5                                                                              ∑d2 10

     Substituting the values in the Equ 4.2

=          6x10
           5x24

= -0.50 Answer

This indicates that there is a Positive correlation between Design and Sales ranking
i.e. when the design of the product improves the Sales ranking for the brands also
increases.




Price measures




Brand Name                    Ranks                 Price         d                    d2

Samsung                             2                   1          1                    1

LG                                  3                   2          1                    1

Sony                                1                   1          0                    0

Videocon                            4                   2          2                    4

Haier                               5                   2          3                    9

n=5                                                                             ∑d2 =15




                                              49
Substituting the values in the Eque 4.2

= 1- 6x15
     5x24    2




= 0.25 Answer

This indicates that there is a Positive correlation between Price and Sales ranking i.e.
when the Price raises the Sales ranking for the brands also rises for the product




Features measure




Brand Name                    Ranks            Features              d                     d2

Samsung                             2                 4              -2                     4

LG                                  3                 3               0                     0

Sony                                1                 5              -4                    16

Videocon                            4                 4               0                     0

Haier                               5                 3               2                     4

n=5                                                                                 ∑d2 =24




     Substituting the values in the Equ 4.2

= 1- 6x24
     5x24        2




= -0.20 Answer

This indicates that there is a negative correlation between Features and Sales
ranking i.e. when the Features of the product improve the Sales ranking for the
brands fall down.




After Sales Service measure

                                              50
After sales
Brand Name                    Ranks              service          d                    d2

Samsung                             2                   5         -3                    9

LG                                  3                   5         -2                    4

Sony                                1                   4         -3                    9

Videocon                            4                   5         -1                    1

Haier                               5                   4          1                    1

n=5                                                                             ∑d2 =24




     Substituting the values in the Equ 4.2

= 1- 6x24
     5x24      2




= -0.20 Answer

This indicates that there is a negative correlation between after sales services and
Sales ranking i.e. when the Features of the product improve the rank for the brands
fall down.

Thus it can be concluded from the above observation that only the price and
the Design affect the ranks of the given brands in the positive manner and rest
three variables have the negative effect on the ranks of the brands which has
been considered on their sales basis.




                                        FINDINGS

                                              51
Primary data collected through questionnaire, Personnel Interviews regarding the
Samsung and its competitors i.e. Sony, L.G, Videocon, Haier, bluestar And the
Analysis of the data using Research Methodology Reflects the following.




1. Consumer Durables play a major role in the life of each individual.


2. The dealers are the inseparable pillar between the company and the ultimate
   consumer.


3. Retailers can sell any thing to the consumers if rewarded with appropriate
   incentives.


4. Dealers are happy keeping the single brand.


5. Retailer like keeping variety brand so as no let the consumer leave the counter
   until he affect sales.
6. The retailers of remote areas of Chandigarh i.e.Naya gaon, Daddomajara,
   baltana, Badial & Manimajara have different perception about Different
   segments ofCTV&A.C.


7. Retailers like to stock the most sellable models of the company rather than the
   display models being promoted by the company.


8. The dealers in Sector 22, 24, 34, 17. Like targeting high profile people.


9. The markets of Naya gaon, Daddomajara, baltana, Badial & Manimajara are
   the low end markets.


10. The percentage of premium end customers in Sector 22, 24, 34, 17, 18 is
   around 90% as compared to of 30% in Naya gaon, Daddomajara, baltana,
   Badial & Manimajara.



                                       52
11. Low end markets of Chandigarh have very less market for 1.5 & 2 ton Air
   conditioners.


12. The retailers in Manimajara are in a better position to tackle consumers as
   compare to that of other remote areas.




13. Dealer disclosed the fact that approx 85 percent customer come with Prior
   knowledge of product price, features, discount offer, exchange offer only 15
   percent are unknown customer.


14. In CTV segment 38 percent dealer recommend the Samsung brand, 32
   percent dealer recommend LG, 18 percent recommend Videocon and 12
   percent recommend the Haier.




15. AC segment: In AC segment LG got the highest recommendation 32 percent,
   Samsung got 31 percent, Haier got 17 percent and Videocon got the 20
   percent recommendation.


16. The analysis of the sales data reflects that the sale of Samsung is increasing
   year after year in comparison to its competitors.




17. The ranking of the brands have the positive relation with design, price and
   others have the negative correlation.




                                       53
LIMITATIONS OF THE STUDY

      The Data collected from the Dealer might not be very accurate to obtain the
       desired information.
      The sample size taken is small to make a universal statement.
      The final conclusion can be also affected by some of the extraneous variables.
      Though the study represents the position of Samsung in Chandigarh. Due to
       small sample size, the finding may not be a true representative and it cannot
       be generalized.
      Biasness of the respondent.
      Lack of sufficient information
      Lack of the instruments to find out the reasonable outcome
Difficulty in gathering the reasonable data
     It’s all about the future predictions and future is unsuitable




                                           54
REFERENCES

•   Marketing Management: by Philip Kotler
•   C.R Kothari “Research Methodology” Methods And Techniques.
•   Hair/ Bush/ Ortinau (2006). “Marketing Research”
•   Naresh K. Malhotra (2006), “Marketing Research- An Applied Oriented”
•   ICFAI Journal of Marketing Management, The ICFAI University Press, Vol.V,
    No.1, February 2007
•   ICFAI Journal of Marketing Research, the ICFAI University Press, No. 2,
    February 2007.
•   www.Samsung.com
•   www.sony.com
•   www.haier.com
•   www.lgindia.com
•   www.videocon.com
•   www.bluestar.com
•   http://edweb.sdsu.edu/triton/SDBiarritz/Rubric.html
•   www.winebusiness,com
•   http://www.researchandmarkets.com/reports/53984/
•   www.marketingpower.com




                                       55
Questionnaire on CTV


PURPOSE OF STUDY


I am an MBA student of ICFAI Business School presently pursuing my Management
Research Project.


Information in the questionnaire will be:
            Used for academic purposes only
            Kept strictly confidential


Q1.     Which of the following brands of CTV, you are dealing in? (Please Tick)

     a) LG                                  b) Samsung        
     c) Videocon                            d) Sony           
     f) Haier                               g) Any Other (Please Specify) ________


Q2 How many models do you display for each brand?


                 Samsung           LG       Haier      Sony    Videocon
15
 21
29
LCD
PLASMA


Q3    which are the two highest selling models of each company in CTV & their
       prices?
       Samsung -…………………………………………………………
       LG…… -…………………………………………………………
       Haier… -…………………………………………………………
       Videocon-…………………………………………………………
       Any other-…………………………………………………………


Q4.     To what extents, following brands of CTV are preferred by customers?

                                              56
(Mark the appropriate preference level by ticking against respective brand)


Brands        Very High     High          Low            Very Low      Nil
LG
Samsung
Hiear
Videocon
Sony

Q5 what is the price band for which the customer looks for while making
purchase decision?
Segment                         Brand                          Price
  15                        …………                            …………
  21                        …………                            …………
  29                        …………                            …………
 LCD                        ………...                          …………
 Plasma                     …………                            …………


Q6 is customer ready to pay premium for additional features?
   …………………………………………………………………………..
Q7 what is the expected percentage of customers who are willing to pay
         Premium       …………….                  Low-end        …………..


Q8. What are the parameters on which consumer makes his purchase
decision?


              Parameters                                     Rank


            o Price                                         ……..
            o Packaging                                     .…….
            o Product Features                              …….
            o Brand Name                                    …….
            o Product Quality                               …….
            o Product Design                                . ……
 Q9 what is the annual estimated sales of CTV?
               Brand                                     Amount

                                          57
o Samsung                                 …………..
          o L.G                                    …………..
          o Videocon                               .………….
          o Sony                                    .………….
          o Haier                                   …………..
Q10. At which visit, customer generally finalize his/her decision for buying a
      CTV?

   a) At Fist Visit                  c) At Third Visit               
   b) At Second Visit                d) Any Other (Please Specify)   _____


Q11. Does customer come with prior knowledge/information about particulars
      brands of CTV?

   a) Yes                            b) No                      
      If yes, what types of information/knowledge, they have?

   a) About Discount Offer.      
   b) About Exchange Offer.      
   c) About New Features.             
   d) Any Other (Please Specify)              ___________________________


Q12. When customers mostly visit showroom for buying CTV?

   a) During Exchange Offer          c) During discount Offer   
   b) During Gift Option Offer       d) Any Other (Please Specify)_________




Q13. What is the most acceptable size in CTV now days?


                                       58
a) 14inch                      b) 21inch                    29 inch   
   LCD          26                   PLASMA        42       
                32                                  50       
                40     
                46     
                52     
   d) Any Other (Please Specify)         ___________________________


Q14. Below are different modes of promotion. Please rank following modes
       from 1 to 7, on the basis of their influence on customer.
                     (Rank1 = high, Rank 7 = low)


   a) Television     ________            e) Radio            ________
   b) Newspapers ________                f) Magazines              ________
   c) Pamphlets ________                 g) Internet         ________
   d) Trade Shows             ________


Q15.                 What different complaints are faced by you from your
customer?
       (Mark √ to appropriate one)
        Brand        LG         Samsung Haier            Videocon Sony
Complaints
Bad Picture
quality
Problem with
Picture tube
High Electricity
Consumption
Fading of Colour

Q16. Which Brand you Recommend and why?
………………………………………………………………………………………………




                                          59
PERSONAL PROFILE


Dealer’s Name: ____________________________
Address:         ____________________________
Ph. No.:-       ____________________________




Date:                                           Sign/
Stamp




                        Questionnaire on A.C

                                  60
PURPOSE OF STUDY


I am an MBA student of ICFAI Business School presently pursuing my Management
Research Project.


Information in the questionnaire will be:
            Used for academic purposes only
            Kept strictly confidential


Q1.Which of the following brands of AC, you are dealing in? (Please Tick)

   b) LG                                    d) Samsung           
   e) Videocon                              c) Blue star         
   f) Haier                                  f) Any Other (Please Specify) ________

Q2 How many models do you display for each brand?


Capacity         Samsung           LG       Haier      Bluestar   Videocon
                   W/S            W/S       W/S         W/S        W/S
1.0Ton
1.5Ton
2.0Ton

Q3 which are the two highest selling models of each company in AC & their
      prices?
     Samsung -…………………………………………………………
      LG…… -…………………………………………………………
      Haier… -…………………………………………………………
      Videocon-…………………………………………………………
      Any other-…………………………………………………………


Q4.To what extents, following brands of AC are preferred by customers?
       (Mark the appropriate preference level by ticking against respective brand)


Brands          Very High      High           Low           Very Low     Nil

                                              61
LG
Samsung
Hiear
Videocon
BlueStar

Q5. What is the price band for which the customer looks for while making
purchase            decision?
  Segment                       Brand                       Price/W
Price/S
  1.0 Ton                   ………………                         …………
…………
  1.5 Ton                  ………………..                        …………
…………
  2.0 Ton                  ………………..                        …………
…………
Q6. is customer ready to pay premium for additional features?
      …………………………………………………………………………..
Q7 what is the expected percentage of customers who are willing to pay


          Premium       …………….                   Low-end       …………..


Q8 what is the annual estimated sales of AC?
              Brand                                        Amount
           o Samsung                                   …………..
           o L.G                                      …………..
           o Videocon                                 .………….
           o BlueStar                                 .………….
           o Haier                                    …………..
Q9.    Please rank each of the following features from 1 to 5 on the basis of their
       importance to customers.
       Rank 1= the most importance feature
       Rank 5=the least important feature




                                            62
Feature                                          Rank Order


   a) Price                                           _________
   b) Design                                                _________
   c) Features                                       _________
   d) Dealers Communication                        _________
    f) Brand Name                                         _________



Q10. At which visit, customer generally finalize his/her decision for buying a
AC?

   b) At Fist Visit                  c) At Third Visit               
   b) At Second Visit                d) Any Other (Please Specify)   _____




Q11. Does customer come with prior knowledge/information about particulars
brands of AC?

   b) Yes                            b) No                       

      If yes, what types of information/knowledge, they have?

   e) About Discount Offer.      
   f) About Exchange Offer.      
   g) About New Features.             
   h) Any Other (Please Specify)              ___________________________




Q12. When customers mostly visit showroom for buying AC?

   b) During Exchange Offer          c) During discount Offer    
   b) During Gift Option Offer       d) Any Other (Please Specify
      )_________


Q13. What is the most acceptable size in AC now days?

                                       63
b) 1Tone                       b) 1.5Tone         c) 2 Tone

   d) Any Other (Please Specify)         ___________________________


Q14. Below are different modes of promotion. Please rank following modes
       from 1 to 7, on the basis of their influence on customer.
       (Rank1 = high, Rank 7 = low)


   e) Television      ________           e) Radio        ________
   f) Newspapers ________                f) Magazines          ________
   g) Pamphlets       ________           g) Internet     ________
   h) Trade Shows           ________


Q15. What different complaints are faced by you from your customer?
       (Mark √ to appropriate one)


        Brand          LG            Samsung    Haier        Videocon Blue Star
Complaints
Bad cooling quality

Problem with Noise

High Electricity
Consumption
Cost of
Maintenance

Q16. Which Brand you Recommend and why?
………………………………………………………………………………………………




PERSONAL PROFILE


Dealer’s Name: ____________________________


Address:        ____________________________


                                          64
_____________________________
Ph. No.:-   ____________________________




Date:
                                                 Sign/ Stamp




                    QUESTIONNAIRE FOR CONSUMER




                                  65
PURPOSE OF STUDY

I am an MBA student of ICFAI Business School, presently pursuing my Management
Research Project.

Information in the questionnaire will be:
        Used for academic purposes only
        Kept strictly confidential

Q1. Which of the following deal in consumer Durables?
    a) Samsung             b) Sony        c) L.G                d) Haier        

    e) Videocon           f) Bluestar      g) Bajaj           h) Hero Honda 

Q2. How do you make your Purchase decisions are they.

    a) Aided ( with the help)                   b) unaided ( without help) 

Q3. Which purchase pattern is followed at your place?

   a) Individual        b) Family 

Q4. On which of the following parameters you make your purchase decision?
   (Rank them according to your preference)

   a) Price                    b) product                              c) Quality 
   d) Brand name               e) Packaging                             f) Features 

Q5.Which Brands of consumer durables you have been using before?
…………………………………………………………………………………………
…………………………………………………………………………………………

Q6. Which consumer durables you posses at your home presently?
…………………………………………………………………………………………………
…………………………………………………………………………………

Q7. Do you feel like shifting to some other brand or you are fully satisfied with the
present one?
…………………………………………………………………………………………
…………………………………………………………………………………………




Q8. Please rate the following brands of CTV on the scale of 1 to 5?
Where 1 means poor service and 5 means excellent service


                             Sony      Samsung    Haier       Videocon        LG



                                           66
Quality

Features

Design


Screen resolution
Efficiency


Q9. Please rate the following brand of AC on the scale of 1 to 5?
Where 1 mean poor service and 5 mean excellent service



             Bluestar       Samsun     Haier    Videoco      LG
                              g                n

 Quality

 Features

 Design


 Cooling effect
 Efficiency


Durability

After Sales Service

Q10. How far you are aware about Samsung Products& what is its impression in
     Your mind?
……………………………………………………………………………………...
……………………………………………………………………………………...


PROFILE OF THE SUBJECT:

                 Name of Consumer:
                  ……………………………………………………………………………...
                 Address:
                  …………………………………………………………………………………
                  …………………………………………………………………
                 Phone………………………

                 E-mail id (If any)……………………………………………………….




                                          67
CONCLUSION
         From the study we can conclude that consumer durables play a
major role in the day to day life of human beings . Consumer durables are
has taken place as a necessity now a day’s one finds it hard to survive
without them .
The comfort alone should not be considered as the basis of measurement
of the performance of Consumer Durable industry, it should also include
the Necessity Part.      Samsung India electronics one of the leading
Consumer Durable provider should also concentrate on the research and
development in the country itself so as to fulfill the demands of the local
residents in the desired manner.



SUGGESTION:


    The Companies should more concentrate on R&D rather than
      wasting their money in various Sales promotional techniques.
    Most of the people feel that advertisement is not up to the mark i.e.
      it does not provide clear picture about the Product Being promoted
      and its schemes. So proper measure should be taken to make the
      advertisement more informative and creative.
    Samsung India Electronics should also target the lower End
      markets where their sale is very low due to the existence of the
      local players.
    Samsung should make the market strategy keeping in mind both the
      lower-end as well as the premium markets.
    Samsung should also concentrate on the product category gap between
      the branded and the local players to win the competition in the long run.




                                   68
69
70

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51872470 samsung-electronics

  • 1. FINAL REPORT ON COMPARATIVE MARKET ANALYSIS OF SAMSUNG ELECTRONICS VIS- A- VIS ITS COMPETITORS SAMSUNG INDIA ELECTRONICS PVT LTD. 1
  • 2. REPORT ON COMPARATIVE MARKET ANALYSIS OF SAMSUNG ELECTRONICS VIS- A- VIS ITS COMPETITORS A report submitted in partial fulfillment of the requirements of MBA Program of Jaipuria Institute of Management 2
  • 3. TABLE OF CONTENTS Acknowledgement……………………………………………………………………… …4 1. Abstract ……………………………………………………….................. ………5 2. Introduction ………………………………………………………………………..6 a. Overview of the Consumer durable sector………………………………..7-8 b. Company profile……………………………………………………………..9- 10 c. Laying the foundation to become a world class company……………11-12 d. Comparative analysis ……………………………………………… ……13- 15 e. Consumer perception………………………………………………………..16 4. Objective of Research…………………………………………………………….17-18 a. Research Methodology…………………………………………………..........19 b. Sources of data collection………………………………………………………20 5. Analysis of Dealers Questionnaire on CTV…………………………………….21- 27 6. Analysis of Dealers Questionnaire on AC………………………………………28- 33 7. Findings from the Consumer Questionnaire……………………………………34- 41 8. Analysis of sales Data of Samsung……………………………………………..42- 46 9. Findings of the Report………………………………………………….............47- 48 10. References ………………………………………………………………………50 11. Proposed Questionnaire………………………………………………………..51- 62 12. Conclusion………………………………………………………………………….63 3
  • 4. 4
  • 5. ABSTRACT “All human actions have one of these seven causes: chance, nature, compulsion, habit, reason, passion and desire”. As a human being the major cause to take over this project was reason. The reason is to accomplish my task, aim, and motive of enhancing my knowledge and to know more about the consumer durable industry. Consumer durables have become inseparable in this era of modernization and thus influence even the common men’s life. This is one of the fastest growing industry with an growth of about 8% every year. Invention and the launch of new technology is the most important tool of this industry. To maintain the quality of products provided to the customers the companies dealing in the consumer durable products has to undergo extensive study and research work. This project work is a small attempt to understand the dealer, retailer as well as the consumer behavior in regards to the colour television & Air conditioners and to find out the position of Samsung among its competitors. This SIP project is being conducted on Consumer durables i.e. CTV & Air conditioner for (Samsung India Electronics private limited), I am focusing on Comparative Market and consumer behavior study of consumer durables of Samsung vis-à- vis its competitors i.e. Sony, LG, Videocon, Haier, Bluestar. In CTV & A.C segment. For this the Survey was conducted with a set of questionnaire containing the questions which helped in obtaining the desired information from the dealers & retailers. In the next segment of study the consumers has be targeted with a set of questionnaire for the desired information. Till date around 100 dealers And Retailers were approached in the Chandigarh and its neighboring districts i.e. SAS nagar mohali, zirakpur in Patiala and Panchkulla in hariyana state. The information was obtained through questionnaire as well as by the interview method. The copy of questionnaire is being attached with this report. The method of personnel interview was also adopted for those who were unwilling to give any information in writing. At present around 50 of such interviews have been conducted keeping in mind the requirements of the survey being conducted. 5
  • 6. This report also includes the analysis of around 10 year’s sales data. This data with the help of Le square method is used to predict the future demand as well as the sales Of Samsung. 6
  • 7. INTRODUCTION A comparative marketing study of Samsung Electronics vis-à-vis competitor’s (L.G, Haier, Videocon, Bluestar, Sony ) in the area of Chandigarh and Surroundings…………… “All progress is born of inquiry. Doubt is often better than overconfidence, for it leads to inquiry and inquiry leads to investigation” Research inculcates scientific and inductive thinking and it promotes the development of logical habits of thinking and organization. Research is a common parlance refers to a search of knowledge. The advanced learner’s Dictionary of current English lays down the meaning of research as a careful investigation or inquiry especially through search for new facts in any branch of Knowledge What is comparative Marketing study? In comparative marketing research we take our competitor’s products and make comparison through consumer with our own products. Why Comparative Marketing study? Comparative marketing study/research comprise one of the most important and fascinating task of marketing. It provides information for marketing decision making, any problem that are identified and investigated further by using problem solving techniques with the objective of arriving at solution. The most important innovation in the new approach is to study simultaneously different organizational forms of business interest representation. The aim of the study is to point out the best (in this respect) among the alternatives that are being studied. The final aim perhaps is not only to find the best, but also to improve it or similar objects later on. 7
  • 8. Overview of the Consumer Durable Market The consumer durable market in India has seen a proliferation of brands and product categories in recent years. Most major international brands from Japan, Korea, US, Europe and China have been launched in India with varying degrees of success. One of the largest barriers to entry for any brand in India is the distribution network. The cost of servicing the network is huge for any brand. The consumer is aware of the cost-benefit, or value for Money aspect. Financing options are crucial in case of high-priced products. They increase the affordability for a Wider segment of population. Like in any country, the consumer durable industry in India is largely dominated by colour televisions (CTV), which account for 56% of the consumer durables industry. Consumer Durable Market Pie In Financial year 8
  • 9. Growth of Consumer Durable Market 9
  • 10. Company Profile Founded in 1938, Samsung Corporation is one of Korea’s most enduring and respected corporations, having stood behind the advancement of the national economy for more than three quarters of a century. At the origin of Samsung Group, Samsung Corporation was the trading arm of the group, epitomizing its vibrancy and dynamism in the area of global trade. Its designation in 1975 as Korea’s first-ever General Trading Company marked a new chapter for its overseas operation, which since then grew into a scope truly worthy of a global trader. Samsung Corporation’s entrepreneurship and achievement on the world scene have been a major inspiration for Korea’s trading community. In a continuing bid to expand its business area beyond the confines of international trade, in 1996, Samsung Corporation merged with Samsung Construction, and in 1997, launched into the retail business. Currently, Samsung Corporation is engaged in two major business areas: trading, construction. The organization consists of two business groups, with the retail business headquarter under the trading group, and with the housing development headquarter under the construction group. The Trading Group, currently operating from its 71 overseas offices, exports semiconductors, machinery, plants, iron & steel, chemical products and textile; and imports energy, chemical products and machinery & equipment. In addition to trading, the Group carries out a variety of other projects including overseas investment, project organizing services and energy & natural resource development projects. 10
  • 11. The Construction Group, a provider of construction and engineering services, is also a plant builder and housing developer. To date, the group has to its credit Malaysia’s Petronas building, the world’s highest edifice, 452m high, boasting 92 stories aboveground; New Busan Port; Incheon Int’l Airport; Ulchin Nuclear Power Plant; and Raemian and Trapalace, the apartment complexes. From energy resources to housing, each of these projects is a powerful testimony to the group’s technological excellence. Last year, the group entered into a contract to build the world’s highest building, Burj Dubai. Notably, Raemian, one of Samsung’s signature apartment complexes is a remarkable triumph, hailed as new standard-setting luxury housing. The success of Raemian, topping the National Customer Satisfaction Index (NCSI) in the apartment category for eight consecutive years, has driven up our overall market share in housing development to the top of the scale as well. The Retail Business is buoyant and thriving with Samsung Plaza Bundang , a multi- feature shopping center, and Samsung Internet Shopping Mall, familiarly referred to as “Samsung Mall” as its two main platforms. 11
  • 12. Laying the foundation to become a World Class Company Year 2006 Jan Developed the first-ever speech recognition phone Developed innovative 8-chip stacking MCP technology Posted more than $10 billion in net profit Became the world’s top three companies with the most patents, launched patent- based management Feb Released digital slim TV with the narrowest body depth Released the first notebook PC with embedded terrestrial DMB receiver Samsung Blueblack phone, SGH-D500, was selected as "The Best Handset" at 3GSM global conference in cannes, France First commercialization of terrestrial DMB phone in Korea Developed DDR3 DRAM Developed the first wrinkle-free steam washer Mar Developed the first HSDPA terminal for commercialization and ultra-high speed HSDPA system Cash payment to more than 15,000 SMEs Developed 82" TFT-LCD Developed 7 megapixel camera phone Apr Became the official sponsor of Chelsea, the renowned English soccer club May Developed the world’s first OLED for 40" TV 12
  • 13. Completed and announced standard dimension for 8 th and 9th generation LCD Panels Released the first HD class PDP TV with 10000:1 contrast ratio Began mass production of 70 nano processed 4 GB NAND flash memory June Accumulated production volume of large LCDs surpassed 100 million units Began upgrading digital audio business to the world’s top level Launched a new brand campaign with the theme of "Imagine" Released the first 5 megapixel, 3x optical zoom camera phone Began mass production of 90 nano processed 1 GB DDR2 DRAM July Released the world's first 7 mega pixel camera phone Aug Released the world's biggest DLP TV Sep Developed the world's first 50nm 16Gb NAND Flash Released the world's first Blue-Ray Home AV Center Oct Blue-black phoneⅡ(SGH-600) selected as the "Mobile Choice's Phone of the Year" Developed the world's first 70nm DRAM Developed the world's fastest speed graphic DRAM(GDDR4) Nov Developed the largest Flexible LCD Panel Dec Received "25 iF Design (Germany) awards" Handset shipments reached over 100 million 13
  • 14. Comparative Analysis A comparative Analysis of Samsung Electronics vis-à-vis competitor’s (LG, Haier, Videocon, Sony, Bluestar) in Chandigarh What is comparative Analysis? In comparative Analysis we take our competitor’s products and make comparison through consumer with our own products. Why Comparative Analysis? Comparative Analysis comprises one of the most important tasks of marketing. It provides information for marketing decisions. Problems are identified and investigated further by using problem solving techniques with the objective of arriving at solution. The most important innovation in the new approach is to study simultaneously different organizational forms of business interest representation. The aim of the study is to point out the best among the Variables that are being studied. The study will also include the survey which will be targeting about 100 dealers in the area of Chandigarh. The main emphasis in the survey will be given on the sales of Samsung in comparison to its competitors in CTV & AC segment, the consumer perception about the brand will also be taken into consideration while conducting this survey. The analysis of the buying behavior in respect to AC& CTV will be another important component of my study. Buying behavior of the consumer is a study of how individuals make decisions to spend their available resources (time, money & effort) on consumption related items (what they buy, why they buy, where they buy, how often they buy and use a product or service). The heterogeneity among people across the world makes understanding consumer buying behavior an intricate and challenging task. The consumers’ identity, his beliefs, specific needs, attitudes and the kind of product and brand available in that product category influence his buying behavior. The marketing efforts of a firm have a profound impact on the buying 14
  • 15. decisions of customers. Therefore the attempt of my survey will be to obtain an in- depth knowledge of the customers buying behavior. The effect of external variables on purchasing pattern of customer will also be considered here the external variables refer to all those factors which will be affecting the consumer purchasing decisions, these can be price of the goods and on its attitude to respond to functional needs. The critical variable under this approach is the availability of adequate information about purchase alternatives (price, product functionalities) to support the decisional process. • The external conditioning approach, according to which the purchase decision is a response to external stimuli. The critical variable under this approach is which kind of external stimuli can influence purchase decision. • The experience and the social interaction - based approach, according to which the present consumer decision aims at the construction of personal identity. Another component of my study will be the analysis of the brand (Samsung) on four P’s i.e. • Product • Pricing • Promotion • Placement. These are the four factors which help an organization to understand the market and help in taking future decisions relating to the launch & the strengthening of the market for the brand. Benefit to company: 1. Display Share Tracking: Display share tracking will help us to find out these information It will be used to revealed potential demand of each product. 15
  • 16. With the help of display tracking we will find out the highest selling product and lowest selling product in the market. It will help in taking decision during the line expansion and line pruning. 2. Consumer perception: This is done with the aim of capturing the true words and emotions of consumer, and in turn using this information to improve or developed products or to determine people attitude toward the products. It will help company to get feedback from consumer. It will prevent the undervaluation of competitor and we can find the strength and Weakness of our product. This will help us to stay ahead in competition It will encourage value creating investment. It will help in maximizing the consistency of value creation Measuring performance It will help us for market share analysis. So I can say this study is more suitable for Samsung to compete and survive in lobal market. 16
  • 17. Consumer perception As it is well known proverb of marketing that “Consumer is the king” it is mandatory for any researcher to know the opinion of the consumer regarding the products on which he is going to conduct the study. This research work will include a consumer questionnaire on the consumer goods which has been taken as the part of the study the questionnaire mainly aims at . • Awareness of the consumer about the brand • His decisions whether dependent or independent • Purchase pattern • Brand loyalty level • Current consumer durables in home • What is the impression of consumer about Samsung This questionnaire will mainly help out in reaching at the actual consumer perception of the consumers about the brand. This is done with the aim of capturing the true words and emotions of consumer, and in turn using this information to improve or developed products or to determine people attitude toward the products. 2.1 It will help company to get feedback from consumer. 2.2 It will prevent the undervaluation of competitor and we can find the strength and Weakness of our products 2.3 This will help us to stay ahead in competition. 2.4 It will encourage value creating investment. 17
  • 18. 2.5 It will help in maximizing the consistency of value creation. 2.6. Measuring performance 2.7 It will help us for market share analysis. So I can interpret, this study is more suitable for Samsung to compete and survive in global market. OBJECTIVE The major objective of the study is to analyze the position of Samsung Vis-à-Vis its competitors and to identify weak areas and provide recommendations for the sales. The consumer durable market has grown considerably in last few years in India. With the growth, the level of competition has grown as well. Literally every day companies come up with new attractive offers to grab the better share of the market. The challenge is not only to get the new customer but also to continue with the existing customers. The objective of doing the project is to: -Identify the Dealer and Consumer perception about the Samsung products with respect to its competitors in CTV & AC segment. - To suggest some differentiating strategies to stay ahead in competition in CTV& AC segment. - To identify the factor affecting the four Ps i.e. • Product • Pricing • Promotion • Placement. Example: What are the parameters on which consumer makes his purchase decision? 18
  • 19. Parameters Rank O Price ………. O Packaging ………. O Product Features ……….. O Brand Name ………. O Product Quality ………. O Product Design ………. SCOPE OF STUDY: 1. Impact of consumer durables (being taken in to the study) on the consumers, retailers, dealers. 2. Comparison of Samsung with other competitors. METHODS OF COLLECTING DATA AND THEIR SOURCES: Secondary Data: The secondary data for the project is collected from websites. The other data was collected from the offer document and informal discussion with company members. References are also taken from search engines. Primary Data The primary data is collected by interviewing the concerned persons. Dealers Questionnaire, Consumer Questionnaire is prepared to collect the data and this data will be analyzed for studying the position of Samsung in comparison to that of its competitors i.e. Sony .L.G. Haier, Videocon, Bluestar, 19
  • 20. Research Methodology “Research is the systematic design, collection, analysis and reporting of data and findings relevant to a specific situation or problem”. The objective of this section is to describe the research procedure and methods that have been adopted for the achievement of the project objectives. a. Research Design: Exploratory research study 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. My research is comparative in nature. b. Method of Data collection: In order to study the consumer perception regarding the uses of Samsung Products with respect to other companies in Chandigarh both primary and secondary data will be collected.  The study proposed to collect Primary data through questionnaire using survey method. So as to give a precise, accurate, realistic and relevant data.  The secondary data as it has always been important for the completion of any report provides a reliable, suitable, equate and specific knowledge. The data will collect from various magazines, fact sheets newspapers and websites published by the company. c. Sampling Technique: The study proposed to use convenience sampling. 20
  • 21. d. Sample Area: In order to make a comparative analysis study the consumer perception as well as dealer & retailers perception of Samsung products with respect to its competitor, the data for the study has been collected through a survey of Dealers/Retailers of Chandigarh and surroundings. Sources of Data The nature of the data that has been used in the project under study is both primary and secondary in nature. Primary data Questionnaire, personal meetings, interview method with the concerned persons will be used to collect the primary data. Secondary data Offer documents, fact sheets, news papers, magazines published from time to time and Internet, Company sources. 21
  • 22. ANALYSIS OF THE DEALERS QUESTIONNAIRE FOR (CTV) For this purpose I conducted a survey with the sample size of 100. This sample includes the dealers and the retailers in the area of Chandigarh and surroundings. The questionnaire having 16 questions was prepared to obtain the desired information and the method of personnel interview was also adopted for those dealers who were not interested in filling the questionnaire and the data got is then analyzed and following are the results for the same. The starting of my questionnaire with the question 1.Which of the following brands of CTV, you are dealing in? This question mainly gives the idea that how many dealers and the retailers are dealing in single and multiple brands Fig 1.0 shows that out of 100 dealers and retailers who were part of survey in Chandigarh and surroundings where 38 were dealing in the single brand only and the others were dealing in multiple brands. 22
  • 23. Dealers Ratio Single brand 38% singleBrand multiple Brand Multiple brand 62% Fig 1.0 3. How many models do you display for each brand? Mainly the 15, 21, 29, LCD & PLASMA were considered for the brands Samsung, Sony, LG, Haier, Videocon and the major dealers and the retailers were interested in keeping the brand most sold. The fig 1.2 shows that out of the total survey the proportion. Average Proportion of Display at each Store 5% 7% 14% 15 Inch 20% 21Inch 29 Inch 54% LCD PLASMA Fig 1.1 This question also bought up an idea that lower end markets have more proportion of 15, 21 inch display as compared to that of high end market. 3. Which are the two highest selling models of each company in CTV & their prices? The models that were sold more in comparison to others for the same brand in the CTV segment are as follows. The highest selling Models 23
  • 24. Samsung 21inch Plano- z30 , Z43 LG 21inch Flatron -21FD 2RG- TX, 21FC8RG-AX Haier 21inch Platron- 21F2A, 21F9D Videocon 21inch Challenger- Sony 21inch KVHM213 M80, KVFA 21M 83 4. To what extents, following brands of CTV are preferred by customers? This question was mainly asked to have an overview of how the customer responds to a particular brand and the results are shown in the fig 1.2 Customer brand prefrence in 21 inch 40% 35% 30% 25% 20% 15% 10% 5% 0% Samsung Sony LG Videocon Haier Fig 1.2 Average demand for the brand has been also estimated with the findings of the same question. 24
  • 25. Customer Prefrence for Brand 8% Samsung 12% 26% Sony 22% LG 32% Videocon Haier Fig 1.3 5. What is the price band for which the customer looks for while making purchase decision? With this question the major objective of my survey was accomplished it reveals what the consumer need in the particular segment as shown in the table below. Segment Brand Price range 15 inch Videocon 5000 21inch Samsung/LG 9000 29inch Sony/Samsung 15000 LCD Samsung 40000 PLASMA Samsung/LG 55000 7. What is the expected percentage of customers who are willing to pay? With the survey and then the analysis of the data concludes that in the high end markets like of Sector 22, 24, 34, 17, the ratio of premium an low end customers was 60: 40 as shown in Fig1.4 25
  • 26. Proportion of customerss in high end markets low-end Customer 40% Premium Customer 60% Fig 1.4 While in the lower end markets like Naya gaon, Daddu majara, Baltana, Badial & Manimajara the proportion of Premium and low end customer is of the ratio 20:80. As shown in the fig 1.5. Proportion of customers in Low-end markets Premium Customers 20% Low-end Customers 80% Fig 1.5 Q9 what is the annual estimated sales of CTV? After taking out the average of the low-end and premium markets the results obtained are that the average annual sales of the premium end market that comprises of 43 dealers and retailers was as under 26
  • 27. Brand Name Annual average estimated sales Samsung 6192 pieces p.a Sony 5676pieces p.a L.G 6708pieces p.a Videocon 2580pieces p.a Haier 1032pices p.a Q10. At which visit, customer generally finalize his/her decision for buying a CTV? This mainly gives an overview of how customers make their purchase decision when they enter in to show room. The results of this analysis are shown in the fig 1.6 Customer Decision Index 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 1 2 3 Any other Visit to Show room Fig 1.6 Q12. When customers mostly visit showroom for buying CTV? Question 11& 12 mainly help in predicting that which offer attracts the customer the most and the results obtained after the analysis work are shown in the fig 1.8 27
  • 28. Customer Visit Index 70% 60% 50% 40% 30% 20% 10% 0% Discount offer exchange offer new features Any other Fig 1.8 Q13. What is the most acceptable size in CTV now days? The question mainly emphasized on bringing out the most acceptable size of CTV in each segment and thus the results obtained are shown as under. Segment Size CTV 21 LCD 31 PLASMA 42 Q14. Below are different modes of promotion. Please rank following modes from 1 to 7, on the basis of their influence on customer. (Rank1=high, Rank 7 = low) The major modes of promotion that influenced the customers was audio visual mode that comprises of 59% print media occupying 24% and other modes influenced them 17% this is shown in fig 1.9 28
  • 29. Influencial modes of promotion Other Media 17% Audio visual 59% Print media 24% Fig 1.9 The other two questionnaires were generally ignored by the retailers as they tried to be loyal to the brands in which they were dealing. ANALYSIS OF THE DEALERS QUESTIONNAIRE FOR (AC) For this purpose I conducted a survey with the sample size of 100. This sample includes the dealers and the retailers in the area of Chandigarh and 29
  • 30. surroundings. The questionnaire having 16 questions was prepared to obtain the desired information and the method of personnel interview was also adopted for those dealers who were not interested in filling the questionnaire and the data got is then analyzed and following are the results for the same. The questionnaire with the question 1.Which of the following brands of AC, you are dealing in? This question brought the fact that how many dealers and retailers are dealing single and multiple brands of air conditioners this shown in the fig: 1.10 Dealer Ratio Multiple brand 32% single Brand multiple brand Single brand 68% Fig 1.10 Q2 How many models do you display for each brand? In this question mainly the 1.0 ton, 1.5 ton and 2 ton capacity of both window split air conditioner category were considered and the models displayed at each counter on an average are as under: Brand Name Capacity Samsun LG Bluesta Videoco Haier g w/s r n w/s w/s w/s w/s 1 Ton 2/1 2/1 2/1 1/1 1/0 1.5 Ton 3/2 3/1 2/2 1/1 1/1 2.0 Ton 1/1 1/1 1/0 1/0 .5/0 30
  • 31. Q3 which are the two highest selling models of each company in AC & their prices? Each brand has its unique image for its product thus the highest selling models for each brand also vary according to the quality features as well as demand for the products the highest selling model for the each brand are as follows Brand Model Samsung 18QB LG W18G2 Videocon SB1608 Bluestar WAM181YB Haier HW12DX Q4.To what extents, following brands of AC are preferred by customers? The major brands preferred by the customers according to the options given are as follows Brand Prefrence by customers 35% 30% 25% 20% 15% 10% 5% 0% Samsung LG Videocon Bluestar Haier Fig 2.1 Q5. What is the price band for which the customer looks for while making purchase decision? This question mainly brought out the conclusion of which price brand generally the customer looks for when he makes his purchase decision this is explained as under. Segment Price Band 1.0 Ton 11000 1.5 Ton 16000 2.0 Ton 20000 31
  • 32. Q7 what is the expected percentage of customers who are willing to pay. Premium, or has the Low-end customers the analysis of the data reveals that the proportion of premium customers is around 78% as compared to that of low-end customers that comprise of only 22% . Proportion of Premium & Low-end Customers in Market Low-end customers 22% Premium Customers 78% Fig 2.2 Q8 what is the annual estimated sales of AC? After taking out the average of the low-end and premium markets the results obtained are that the average annual sales of the premium end market that comprises of 50 dealers and retailers was as under this analysis work constitute the limited sample size and thus may no predict the correct figures. the word season means the month of March, April, May, June. Brand Name Annual average estimated sales Samsung 24000 pieces per season LG 27000pieces per season Bluestar 25200pieces per season. Videocon 15000pieces per season. Haier 7800pieces per season. Q9. Please rank each of the following features from 1 to 5 on the basis of their importance to customers 32
  • 33. This question after being analyzed brought out the conclusion that out of the total sample size people who gave their 1st preference to brand name were around 42% and who went for Features were 22% and people who gave their 1st Preference to price were 28% dealers communication & Design constituted respectively for 2% & 6%. This can easily be understood by the fig 2.3. Customer Prefrence Index 6% 2% Brand Name Features 42% 28% Price Dealers Communication Design 22% Fig 2.3 Q10. At which visit, customer generally finalize his/her decision for buying AC? This mainly gives an overview of how customers make their purchase decision when they enter in to show room. The results of this analysis are shown in the fig 2.4 33
  • 34. Consumer Decision Index 100% 90% 80% 70% 60% 50% Series1 40% 30% 20% 10% 0% 1 2 Any other Visit to Showroom Fig 2.4 Q12. When customers mostly visit showroom for buying AC? Question 11& 12 mainly help in predicting that which Promotional Techniques attracts customer the most and the results obtained after the analysis work are shown in the fig 2.5 Customer Visit Index 60% 50% 40% 30% 20% 10% 0% Discount offer exchange offer Guift options Any other Fig 2.5 Q14. Below are different modes of promotion. Please rank following modes from 1 to 7, on the basis of their influence on customer. The major modes of promotion that influence the customer were audiovisual 64%, Print media 28%, Tradeshows 8%. 34
  • 35. 70% Promotional Technique Index 60% 50% 40% Series1 30% 20% 10% 0% Audiovisual Print Media Tradeshows Fig 2.6 Q16. Which Brand you Recommend and why? As this was the last question the importance of this question was much more as people tried to ignore it but the information obtained from the analysis of this question are shown in the fig 2.7 Dealers Recommendation for the Brand 40% 35% 30% 25% 20% 15% 10% 5% 0% Samsung LG Bluestar Videocon Haier Fig 2.7 35
  • 36. FINDINGS FROM THE CONSUMER QUESTIONNAIRE For this purpose I conducted a survey with the sample size of 100. This sample includes Businessman, Government employees, Private Employees and Housewives. This includes a questionnaire having 10 questions and the data got is then analyzed and following are the results for the same. 1) The first question is ‘which of the following Brands deal in consumer durables? ’ And as shown in the fig 1.1, the response was 100% positive consumer durables 100% 1 Fig 1.1 2) Second question is ‘How do you make your purchase decisions?’ Fig 1.2 interprets the result that 84% of the consumer makes their purchase decisions with the help of one or the other aided media. But at the same time around 16% go for unaided purchase decisions. 36
  • 37. Purchase decision 16% aided 84% unaided aided Fig 1.2 3) ‘Which purchase pattern is followed at your place? This question tells about how many people really take the help of there near and dear ones while making the purchase decision and also helps the marketers to target the appropriate segment. The result shows that 78% of the consumers take the help of their family and around 22% of the consumers go for the individual decision while making the purchase decision. As shown in fig 1.3 Purchase pattern of consumers 22% Individual 78% family Fig 1.3 4) On which of the following parameters you make your purchase decision? (Rank them according to your preference) a) Price  b) product  c) Quality  37
  • 38. d) Brand name  e) Packaging  f) Features  It tells about how many people out of the 100 consumers give more preference to the above mentioned options. The result shows that 46% of the consumers give their 1st preference to price, 6% to product,22% to quality,24% to brand name, 0% to packaging,2% to Features the graphical representation in fig 1.4, 1.5, 1.6, 1.7, 1.8, 1.9. Explains it more clearly . Parameters for purchase decision feature Rating Price Product Quality Brand name Packaging s 1 46 6 22 24 0 2 2 22 10 14 44 1 9 3 18 16 38 10 2 16 4 10 8 20 14 1 47 5 0 58 4 6 6 26 6 4 2 2 2 90 0 Price 50 40 Price 30 20 10 0 1 2 3 4 5 6 7 Rating Fig 1.4 38
  • 39. Product 80 60 Product 40 20 0 1 2 3 4 5 6 7 Rating Fig 1.5 100 Packaging 80 60 Packaging 40 20 0 1 2 3 4 5 6 Rating Fig 1.6 Quality 40 35 30 Quality 25 20 15 10 5 0 1 2 3 4 5 6 Rating Fig 1.7 39
  • 40. Brand nam e 50 Brand name 40 30 20 10 0 1 2 3 4 5 6 7 Rating Fig 1.8 features 50 f eatures 40 30 20 10 0 1 2 3 4 5 6 Rating Fig 1.9 5) Which Brands of consumer durables you have been using before? 6) Which consumer durables you posses at your home presently?’ 40
  • 41. 7) Do you feel like shifting to some other brand or you are fully satisfied with the present one? These three questions mainly bring out the picture how the consumers follow the trends in the industry these questions mainly emphasize on the consumer loyalty level. Out of around 100 consumers 42% continued with the same brand, 36% shifted to some other brand and around 22% were planning to shift to some other brand. fig shows the same in more appropriate manner. The overall analysis shows that only 42 % of the consumers are brand loyal while 58% of the consumers have the tendency of shifting to some other brand. Consumer loyalty level Trend in consumer durable industry 45 40 35 30 25 20 15 10 5 0 continuing with Shifted to some Planning to shift same brand other brand Fig 1.10 8). Please rate the following brands of CTV on the scale of 1 to 5? This question is for those consumers who are well aware of the existing brands and have sufficient knowledge regarding each brand the consumers were asked to rate the given brands on the scale of 1to 5 on the basis of their opinion for Quality, features, Design, Screen resolution and efficiency. The results obtained for the quality rating for CTV for Sony, Samsung, LG, Haier, and Videocon. Are shown in the fig 2.0 where 32% of the consumers have 41
  • 42. rated 5 Sony on the contrary Samsung emerged as the leader in this segment with 48% of the consumers rating it on the scale of 5.. Consumer Rating Chart for CTV 60 Quality Rating 50 40 30 20 10 0 Sony Samsung Haier Videocon LG Fig 2.0 Q9. Please rate the following brand of AC on the scale of 1 to 5? Where 1 mean poor service and 5 mean excellent service this question also tested the knowledge of consumers who are well aware of the existing brands of AC and have sufficient knowledge regarding each brand the consumers were asked to rate the given brands on the scale of 1to 5 on the basis of their opinion for Quality, features, Design, Cooling effect and efficiency. The results obtained for the quality rating for AC Segment for Bluestar, Samsung, LG, Haier, and Videocon. Are shown in the fig 2.1 where 42% of the consumers have rated 5 LG on the contrary Samsung emerged as the leader in this segment with 46% of the consumers rating it maximum on the scale of 5. Followed by the other brands. 42
  • 43. Consumer Rating Chart for AC 50 Quality rating 45 40 35 30 25 20 15 10 5 0 Samsung LG Vediocon Haier Bluestar Fig 2.1 10) How far you are aware about Samsung Products& what is its impression in Your mind? • As shown in fig 2.2, in Chandigarh and Surroundings Samsung enjoys an awareness of over 95% and a positive opinion of around 80% in the area Consumer Awareness and Openion chart Awareness among people 95% Positive openion among people 80% today. Fig 2.2 43
  • 44. ANALYSIS OF SALES DATA The sales date collected from the sources has been used to predict the future Samsung India private limited by using the Least Squares Method Explanation of the Method This method is widely used in Practice. It is a mathematical method and with its help trend line is fitted to the Data in such a manner that the following two conditions are satisfied (1) ∑(Y-Yc)=0 I.e. the sum of actual deviations of the actual values of Y and the computed values Y is Zero (2) ∑ (Y-Yc)2 is least I.e. the sum of the squares of the deviations of the actual and computed values is least from this line and hence the name method of least squares. The line obtained by this method is known “as the line of best fit “ The method of least squares may be used either to fit a straight line trend or a parabolic trend. The straight line trend is represented by the equation Yc= a+bX Where: 44
  • 45. Y0 = is used to designate the trend Values to distinguish them from the actual Values of Y. a is the y intercept or the computed trend figure of the Y variable when X = 0 b represents the slope of the trend line or amount of change in Y variable that is associated with a change of one unit in X variable. The X variable in the time series analysis represents time. Least Squares trend Method Fitting of straight line trend by the method of least squares Year Sales Deviation From2001 XY X2 (Y) (X) 0.5 1997 13094724 -4.5 -58926258 20.25 1998 16639749 -3.5 -58239122 12.25 1999 22810293 -2.5 -57025733 6.25 2000 27230939 -1.5 -40846409 2.25 2001 24419589 -0.5 -12209795 0.25 2002 30518256 0.5 15259128 0.25 2003 42321852 1.5 63482778 2.25 2004 50911164 2.5 127277910 6.25 2005 61848945 3.5 216471308 12.25 2006 63479833 4.5 285659249 20.25 ∑y= 353275344 ∑X = 0 ∑XY= 480903057 ∑X2 = 82.5 The equation of the straight line trend is a =∑Y/ N = 35 3275344/10 = 35327534.4 b= ∑XY/ ∑X2 = 480903057/82.5 45
  • 46. =5829127.96 Y= 35327534.4 + 5829127.96 X For 2007 X will be 5.5 : 35327534.4 + 5829127.96 (5.5) = 35327534.4 + 32060203.79 = 67387738.19 $ Thus the estimated earnings for the year 2007 are $67387738.19 46
  • 47. CORRELATION ANALYSIS Analysis of the Brands Popularity on the basis of their Ranks Correlation analysis is a statistical technique used to measure the magnitude of linear relationship between two variables Correlation analysis cannot be used in isolation to describe the relationship between the variables. It can be used along with regression analysis to determine the nature of the relationship between two variables. The two frequently used correlation coefficients are:  The Pearson product moment correlation coefficient  Charles Spearman’s rank correlation Analysis by the Charles Spearman’s rank correlation Method Brand Sales in After sales Name Pieces Quality Design Features Services Price Samsung 2nd 6192 2 3 4 5 1 rd LG 3 5676 1 4 3 5 2 Sony 1st 6708 2 3 5 4 1 Videocon 4th 2580 1 4 4 5 2 Haier 5th 1032 1 3 3 4 2 Explanation: 47
  • 48. It is the technique of determining the degree of correlation between two variables incase of ordinal data where ranks are given to the different values of the Variables. The main objective of this coefficient is to determine the extent to which the two set of ranking are similar or dissimilar. This coefficient is determined as under. The Charles Spearman’s rank correlation Formula: rs =1-[ 6∑di 2] Eque 4.2 n(n2-1) Solution: Quality measure Brand Name Ranks Quality 1-d d2 Samsung 2 2 0 0 2 LG 3 1 2 4 Sony 1 2 -1 1 Videocon 4 1 3 9 Haier 5 1 4 16 n=5 ∑d2 30 Substituting the values in Equ. 4.2 = 1- 6x30 2 5(25-4) = - 0.5Answer This indicates that there is a Negative correlation between Quality and Sales ranking i.e. when the quality of the product improves the Sales ranking volume for the brands Fall down. 48
  • 49. Design measures Brand Name Ranks Design d d2 Samsung 2 3 -1 1 LG 1- 3 4 -1 1 Sony 1 3 -2 4 Videocon 4 4 0 0 Haier 5 3 2 4 n=5 ∑d2 10 Substituting the values in the Equ 4.2 = 6x10 5x24 = -0.50 Answer This indicates that there is a Positive correlation between Design and Sales ranking i.e. when the design of the product improves the Sales ranking for the brands also increases. Price measures Brand Name Ranks Price d d2 Samsung 2 1 1 1 LG 3 2 1 1 Sony 1 1 0 0 Videocon 4 2 2 4 Haier 5 2 3 9 n=5 ∑d2 =15 49
  • 50. Substituting the values in the Eque 4.2 = 1- 6x15 5x24 2 = 0.25 Answer This indicates that there is a Positive correlation between Price and Sales ranking i.e. when the Price raises the Sales ranking for the brands also rises for the product Features measure Brand Name Ranks Features d d2 Samsung 2 4 -2 4 LG 3 3 0 0 Sony 1 5 -4 16 Videocon 4 4 0 0 Haier 5 3 2 4 n=5 ∑d2 =24 Substituting the values in the Equ 4.2 = 1- 6x24 5x24 2 = -0.20 Answer This indicates that there is a negative correlation between Features and Sales ranking i.e. when the Features of the product improve the Sales ranking for the brands fall down. After Sales Service measure 50
  • 51. After sales Brand Name Ranks service d d2 Samsung 2 5 -3 9 LG 3 5 -2 4 Sony 1 4 -3 9 Videocon 4 5 -1 1 Haier 5 4 1 1 n=5 ∑d2 =24 Substituting the values in the Equ 4.2 = 1- 6x24 5x24 2 = -0.20 Answer This indicates that there is a negative correlation between after sales services and Sales ranking i.e. when the Features of the product improve the rank for the brands fall down. Thus it can be concluded from the above observation that only the price and the Design affect the ranks of the given brands in the positive manner and rest three variables have the negative effect on the ranks of the brands which has been considered on their sales basis. FINDINGS 51
  • 52. Primary data collected through questionnaire, Personnel Interviews regarding the Samsung and its competitors i.e. Sony, L.G, Videocon, Haier, bluestar And the Analysis of the data using Research Methodology Reflects the following. 1. Consumer Durables play a major role in the life of each individual. 2. The dealers are the inseparable pillar between the company and the ultimate consumer. 3. Retailers can sell any thing to the consumers if rewarded with appropriate incentives. 4. Dealers are happy keeping the single brand. 5. Retailer like keeping variety brand so as no let the consumer leave the counter until he affect sales. 6. The retailers of remote areas of Chandigarh i.e.Naya gaon, Daddomajara, baltana, Badial & Manimajara have different perception about Different segments ofCTV&A.C. 7. Retailers like to stock the most sellable models of the company rather than the display models being promoted by the company. 8. The dealers in Sector 22, 24, 34, 17. Like targeting high profile people. 9. The markets of Naya gaon, Daddomajara, baltana, Badial & Manimajara are the low end markets. 10. The percentage of premium end customers in Sector 22, 24, 34, 17, 18 is around 90% as compared to of 30% in Naya gaon, Daddomajara, baltana, Badial & Manimajara. 52
  • 53. 11. Low end markets of Chandigarh have very less market for 1.5 & 2 ton Air conditioners. 12. The retailers in Manimajara are in a better position to tackle consumers as compare to that of other remote areas. 13. Dealer disclosed the fact that approx 85 percent customer come with Prior knowledge of product price, features, discount offer, exchange offer only 15 percent are unknown customer. 14. In CTV segment 38 percent dealer recommend the Samsung brand, 32 percent dealer recommend LG, 18 percent recommend Videocon and 12 percent recommend the Haier. 15. AC segment: In AC segment LG got the highest recommendation 32 percent, Samsung got 31 percent, Haier got 17 percent and Videocon got the 20 percent recommendation. 16. The analysis of the sales data reflects that the sale of Samsung is increasing year after year in comparison to its competitors. 17. The ranking of the brands have the positive relation with design, price and others have the negative correlation. 53
  • 54. LIMITATIONS OF THE STUDY  The Data collected from the Dealer might not be very accurate to obtain the desired information.  The sample size taken is small to make a universal statement.  The final conclusion can be also affected by some of the extraneous variables.  Though the study represents the position of Samsung in Chandigarh. Due to small sample size, the finding may not be a true representative and it cannot be generalized.  Biasness of the respondent.  Lack of sufficient information  Lack of the instruments to find out the reasonable outcome Difficulty in gathering the reasonable data  It’s all about the future predictions and future is unsuitable 54
  • 55. REFERENCES • Marketing Management: by Philip Kotler • C.R Kothari “Research Methodology” Methods And Techniques. • Hair/ Bush/ Ortinau (2006). “Marketing Research” • Naresh K. Malhotra (2006), “Marketing Research- An Applied Oriented” • ICFAI Journal of Marketing Management, The ICFAI University Press, Vol.V, No.1, February 2007 • ICFAI Journal of Marketing Research, the ICFAI University Press, No. 2, February 2007. • www.Samsung.com • www.sony.com • www.haier.com • www.lgindia.com • www.videocon.com • www.bluestar.com • http://edweb.sdsu.edu/triton/SDBiarritz/Rubric.html • www.winebusiness,com • http://www.researchandmarkets.com/reports/53984/ • www.marketingpower.com 55
  • 56. Questionnaire on CTV PURPOSE OF STUDY I am an MBA student of ICFAI Business School presently pursuing my Management Research Project. Information in the questionnaire will be:  Used for academic purposes only  Kept strictly confidential Q1. Which of the following brands of CTV, you are dealing in? (Please Tick) a) LG  b) Samsung  c) Videocon  d) Sony  f) Haier  g) Any Other (Please Specify) ________ Q2 How many models do you display for each brand? Samsung LG Haier Sony Videocon 15 21 29 LCD PLASMA Q3 which are the two highest selling models of each company in CTV & their prices? Samsung -………………………………………………………… LG…… -………………………………………………………… Haier… -………………………………………………………… Videocon-………………………………………………………… Any other-………………………………………………………… Q4. To what extents, following brands of CTV are preferred by customers? 56
  • 57. (Mark the appropriate preference level by ticking against respective brand) Brands Very High High Low Very Low Nil LG Samsung Hiear Videocon Sony Q5 what is the price band for which the customer looks for while making purchase decision? Segment Brand Price 15 ………… ………… 21 ………… ………… 29 ………… ………… LCD ………... ………… Plasma ………… ………… Q6 is customer ready to pay premium for additional features? ………………………………………………………………………….. Q7 what is the expected percentage of customers who are willing to pay Premium ……………. Low-end ………….. Q8. What are the parameters on which consumer makes his purchase decision? Parameters Rank o Price …….. o Packaging .……. o Product Features ……. o Brand Name ……. o Product Quality ……. o Product Design . …… Q9 what is the annual estimated sales of CTV? Brand Amount 57
  • 58. o Samsung ………….. o L.G ………….. o Videocon .…………. o Sony .…………. o Haier ………….. Q10. At which visit, customer generally finalize his/her decision for buying a CTV? a) At Fist Visit  c) At Third Visit  b) At Second Visit  d) Any Other (Please Specify) _____ Q11. Does customer come with prior knowledge/information about particulars brands of CTV? a) Yes  b) No  If yes, what types of information/knowledge, they have? a) About Discount Offer.  b) About Exchange Offer.  c) About New Features.  d) Any Other (Please Specify) ___________________________ Q12. When customers mostly visit showroom for buying CTV? a) During Exchange Offer  c) During discount Offer  b) During Gift Option Offer  d) Any Other (Please Specify)_________ Q13. What is the most acceptable size in CTV now days? 58
  • 59. a) 14inch  b) 21inch  29 inch  LCD 26  PLASMA 42  32  50  40  46  52  d) Any Other (Please Specify) ___________________________ Q14. Below are different modes of promotion. Please rank following modes from 1 to 7, on the basis of their influence on customer. (Rank1 = high, Rank 7 = low) a) Television ________ e) Radio ________ b) Newspapers ________ f) Magazines ________ c) Pamphlets ________ g) Internet ________ d) Trade Shows ________ Q15. What different complaints are faced by you from your customer? (Mark √ to appropriate one) Brand LG Samsung Haier Videocon Sony Complaints Bad Picture quality Problem with Picture tube High Electricity Consumption Fading of Colour Q16. Which Brand you Recommend and why? ……………………………………………………………………………………………… 59
  • 60. PERSONAL PROFILE Dealer’s Name: ____________________________ Address: ____________________________ Ph. No.:- ____________________________ Date: Sign/ Stamp Questionnaire on A.C 60
  • 61. PURPOSE OF STUDY I am an MBA student of ICFAI Business School presently pursuing my Management Research Project. Information in the questionnaire will be:  Used for academic purposes only  Kept strictly confidential Q1.Which of the following brands of AC, you are dealing in? (Please Tick) b) LG  d) Samsung  e) Videocon  c) Blue star  f) Haier  f) Any Other (Please Specify) ________ Q2 How many models do you display for each brand? Capacity Samsung LG Haier Bluestar Videocon W/S W/S W/S W/S W/S 1.0Ton 1.5Ton 2.0Ton Q3 which are the two highest selling models of each company in AC & their prices? Samsung -………………………………………………………… LG…… -………………………………………………………… Haier… -………………………………………………………… Videocon-………………………………………………………… Any other-………………………………………………………… Q4.To what extents, following brands of AC are preferred by customers? (Mark the appropriate preference level by ticking against respective brand) Brands Very High High Low Very Low Nil 61
  • 62. LG Samsung Hiear Videocon BlueStar Q5. What is the price band for which the customer looks for while making purchase decision? Segment Brand Price/W Price/S 1.0 Ton ……………… ………… ………… 1.5 Ton ……………….. ………… ………… 2.0 Ton ……………….. ………… ………… Q6. is customer ready to pay premium for additional features? ………………………………………………………………………….. Q7 what is the expected percentage of customers who are willing to pay Premium ……………. Low-end ………….. Q8 what is the annual estimated sales of AC? Brand Amount o Samsung ………….. o L.G ………….. o Videocon .…………. o BlueStar .…………. o Haier ………….. Q9. Please rank each of the following features from 1 to 5 on the basis of their importance to customers. Rank 1= the most importance feature Rank 5=the least important feature 62
  • 63. Feature Rank Order a) Price _________ b) Design _________ c) Features _________ d) Dealers Communication _________ f) Brand Name _________ Q10. At which visit, customer generally finalize his/her decision for buying a AC? b) At Fist Visit  c) At Third Visit  b) At Second Visit  d) Any Other (Please Specify) _____ Q11. Does customer come with prior knowledge/information about particulars brands of AC? b) Yes  b) No  If yes, what types of information/knowledge, they have? e) About Discount Offer.  f) About Exchange Offer.  g) About New Features.  h) Any Other (Please Specify) ___________________________ Q12. When customers mostly visit showroom for buying AC? b) During Exchange Offer  c) During discount Offer  b) During Gift Option Offer  d) Any Other (Please Specify )_________ Q13. What is the most acceptable size in AC now days? 63
  • 64. b) 1Tone  b) 1.5Tone  c) 2 Tone d) Any Other (Please Specify) ___________________________ Q14. Below are different modes of promotion. Please rank following modes from 1 to 7, on the basis of their influence on customer. (Rank1 = high, Rank 7 = low) e) Television ________ e) Radio ________ f) Newspapers ________ f) Magazines ________ g) Pamphlets ________ g) Internet ________ h) Trade Shows ________ Q15. What different complaints are faced by you from your customer? (Mark √ to appropriate one) Brand LG Samsung Haier Videocon Blue Star Complaints Bad cooling quality Problem with Noise High Electricity Consumption Cost of Maintenance Q16. Which Brand you Recommend and why? ……………………………………………………………………………………………… PERSONAL PROFILE Dealer’s Name: ____________________________ Address: ____________________________ 64
  • 65. _____________________________ Ph. No.:- ____________________________ Date: Sign/ Stamp QUESTIONNAIRE FOR CONSUMER 65
  • 66. PURPOSE OF STUDY I am an MBA student of ICFAI Business School, presently pursuing my Management Research Project. Information in the questionnaire will be:  Used for academic purposes only  Kept strictly confidential Q1. Which of the following deal in consumer Durables? a) Samsung  b) Sony  c) L.G  d) Haier  e) Videocon  f) Bluestar  g) Bajaj  h) Hero Honda  Q2. How do you make your Purchase decisions are they. a) Aided ( with the help)  b) unaided ( without help)  Q3. Which purchase pattern is followed at your place? a) Individual  b) Family  Q4. On which of the following parameters you make your purchase decision? (Rank them according to your preference) a) Price  b) product  c) Quality  d) Brand name  e) Packaging  f) Features  Q5.Which Brands of consumer durables you have been using before? ………………………………………………………………………………………… ………………………………………………………………………………………… Q6. Which consumer durables you posses at your home presently? ………………………………………………………………………………………………… ………………………………………………………………………………… Q7. Do you feel like shifting to some other brand or you are fully satisfied with the present one? ………………………………………………………………………………………… ………………………………………………………………………………………… Q8. Please rate the following brands of CTV on the scale of 1 to 5? Where 1 means poor service and 5 means excellent service Sony Samsung Haier Videocon LG 66
  • 67. Quality Features Design Screen resolution Efficiency Q9. Please rate the following brand of AC on the scale of 1 to 5? Where 1 mean poor service and 5 mean excellent service Bluestar Samsun Haier Videoco LG g n Quality Features Design Cooling effect Efficiency Durability After Sales Service Q10. How far you are aware about Samsung Products& what is its impression in Your mind? ……………………………………………………………………………………... ……………………………………………………………………………………... PROFILE OF THE SUBJECT:  Name of Consumer: ……………………………………………………………………………...  Address: ………………………………………………………………………………… …………………………………………………………………  Phone………………………  E-mail id (If any)………………………………………………………. 67
  • 68. CONCLUSION From the study we can conclude that consumer durables play a major role in the day to day life of human beings . Consumer durables are has taken place as a necessity now a day’s one finds it hard to survive without them . The comfort alone should not be considered as the basis of measurement of the performance of Consumer Durable industry, it should also include the Necessity Part. Samsung India electronics one of the leading Consumer Durable provider should also concentrate on the research and development in the country itself so as to fulfill the demands of the local residents in the desired manner. SUGGESTION:  The Companies should more concentrate on R&D rather than wasting their money in various Sales promotional techniques.  Most of the people feel that advertisement is not up to the mark i.e. it does not provide clear picture about the Product Being promoted and its schemes. So proper measure should be taken to make the advertisement more informative and creative.  Samsung India Electronics should also target the lower End markets where their sale is very low due to the existence of the local players.  Samsung should make the market strategy keeping in mind both the lower-end as well as the premium markets.  Samsung should also concentrate on the product category gap between the branded and the local players to win the competition in the long run. 68
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