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CHAPTER - I
                                   1.1 INTRODUCTION

       “Marketing is a societal process by which individuals and groups obtain what they
need and want through creating, offering, and freely exchanging products and services of
value with others”. Marketing is the function by which marketers’ plans, promotes and
delivers goods and services for customers and clients. In the context of marketing of services,
we can say that marketing is the creation and delivery of customer satisfying products or
services at a profit to the suppliers or provider of the products or services. Management must
think of itself not as producing products as it is catering to the consumers through retail outlets
but as providing the expected right quality to the users and ultimately should aim at right
quality.
       In this project we try to compare the marketing attributes that play a vital role in
marketing the home appliances such as refrigerators and washing machines. The main
competitors for the Videocon are LG, Samsung, Godrej. The Videocon and IFB are also
considered as competitors in few segments.



The comparative study is done on the core marketing attributes such as

      The various ranges of products that is available with all the brands.
      The key features of all the available products.
      The cost of all the available products.




                                                 1
1.2 OBJECTIVE OF THE STUDY

PRIMARY OBJECTIVE:

   To compare the marketing attributes of the home appliances (refrigerator and washing
     machine) of the leading brands in the market.



SECONDARY OBJECTIVE:

   To find out the leader in Sales at present in the market.
   To find out the fast moving products of Videocon.




                                             2
1.3 SCOPE OF THE STUDY

       By this study the company can get a lot of information about their competitors in the
market related to the product. Also they can improve their product and service levels in respect
to the cost and quality of the product and they are able to find out the fast moving products of
Videocon in the market and the various suggestions from the dealers will be helpful to
improve the company in different aspects.
       This study will provide the details of the entire range products in refrigerator and
washing machine segment that the competitors has and the price of each product so that the we
can identify the marketing attributes in which our company is lagging and those which are
helping us to lead the market.
       Finally, the study will be able to provide the market leaders in each segment in the
current prevailing market.




                                               3
1.4 LIMITATION OF THE STUDY


 The study is being conducted in Chennai city only. So the results cannot be applied to
   any other place.
 The sample size is limited to 100samples.
 The prices of the products are as on project duration and they can vary at any point of
   time.
 Respondents are reluctant to answer the questions during their work hours.




                                          4
1.5 INDUSTRY PROFILE

        The Electronics Industry in India took off around 1965 with an orientation towards
space and defence technologies. This was rigidly controlled and initiated by the government.
This was followed by developments in consumer electronics mainly with transistor radios,
Black

& White TV, Calculators and other audio products. Colour Televisions soon followed. In

1982-a significant year in the history of television in India - the government allowed
thousands of colour TV sets to be imported into the country to coincide with the broadcast of
Asian Games in New Delhi. 1985 saw the advent of Computers and Telephone
exchanges, which were succeeded by Digital Exchanges in 1988. The period between 1984
and 1990 was the golden period for electronics during which the industry witnessed
continuous and rapid growth.

From 1991 onwards, there was first an economic crises triggered by the Gulf War which was
followed by political and economic uncertainties within the country. Pressure on the
electronics industry remained though growth and developments have continued with
digitalisation in all sectors, and more        recently   the trend towards convergence of
technologies. After the software boom in mid 1990s India's focus shifted to software. While
the hardware sector was treated with indifference by successive governments. Moreover the
steep fall in custom tariffs made the hardware sector suddenly vulnerable to international
competition. In 1997 the ITA agreement was signed at the WTO where India committed itself
to total elimination of all customs duties on IT hardware by 2005. In the subsequent years, a
number of companies turned sick and had to be closed down. At the same time companies like
Moser Baer, Samtel Colour, Celetronix etc. have made a mark globally.

Current Scenario

In recent years the electronic industry is growing at a brisk pace. It is currently worth US$

32 Billion and according to industry estimates it has the potential to reach US$ 150 billion by
2010. The largest segment is the consumer electronics segment. While is largest export
segment is of components.




The electronic industry in India constitutes just 0.7 per cent of the global electronic
industry. Hence it is miniscule by international comparison. However the demand in the
Indian market is growing rapidly and investments are flowing in to augment manufacturing
capacity.

The output of the Electronic Hardware Industry in India is worth US$11.6 Billion at


                                                5
present. India is also an exporter of a vast range of electronic components and products for the
following segments

• Display technologies

• Entertainment electronics

• Optical Storage devices

• Passive components

• Electromechanical components




                                               6
• Telecom equipment

• Transmission & Signaling equipment

• Semiconductor designing

• Electronic Manufacturing Services (EMS)

This growth has attracted global players to India and leaders like Solectron, Flextronics, Jabil,
Nokia, Elcoteq and many more have made large investments to access the Indian market. In
consumer electronics Korean companies such as LG and Samsung have made commitments by
establishing large manufacturing facilities and now enjoy a significant share in the growing
market for products such as Televisions, CD/DVD Players, Audio equipment and other
entertainment products.

The growth in telecom products demand has been breathtaking and India is adding 2 million
mobile phone users every month! With telecom penetration of around 10 per cent, this growth
is expected to continue at least over the next decade. Penetration levels in other high growth
products are equally high and growth in demand for Computer/ IT products, auto electronics,
medical, industrial, as well as consumer electronics is equally brisk. Combined with low
penetration levels and the Indian economy growing at an impressive 7 per cent per annum, the
projection of a US$150 Billion+ market is quite realistic and offers an excellent opportunity to
electronics players worldwide.

1.3 Electronic Manufacturing Services

India is well-known for its software prowess. But on the hardware front, the progress is rather
slow. However, the country has been making gains in this sector also. Already, 50

Electronics Manufacturing      Services   (EMS)/Original     Design   Manufacturers     (ODMs)
providers are     operating in India, ranging from global players including Flextronics and
Solectron to indigenous firms including Deltron, TVS Electronics and Sahasra. Further moves
by international players are expected to add production in India in the coming years.

Obvious allure of locating electronics production in India is the nation’s low labor costs. Labor
costs for conducting electronics manufacturing in India are between 30 to 40 per cent less than
in the United States or in Western Europe. Other equally important benefits from operating in
India include a fast-growing domestic market, an excellent education system, the nation’s
technology parks and the recent improvements in the country’s transit and utility
infrastructure.

However, the Indian contract-manufacturing industry is not expected to pose a significant
threat to China’s position as the epicenter of electronics manufacturing in the short term.
India’s contract manufacturing activities primarily serve the nation’s indigenous demand.




                                               7
OEMs primarily outsource manufacturing to cater to the Indian domestic market, although
export of Indian-assembled electronic goods does occur. In the longer term, i.e. 2009
onward, it is predicted that India may compete with the Chinese providers in select
products as the nation’s share of the global electronics market increases.

For OEMs, using contract manufacturing services in India can help them penetrate the local
market.        However,   OEMs   face   specific   risks   associated   with   using   contract
manufacturers in India. Fluid exchange rates combined with volatile oil and component
prices lead to unpredictable costs. Changing government policies along with shifting
government regimes also contribute to an unpredictable political environment. Doing
business in India is often disjointed, with an inefficient bureaucratic system that causes
frequent delays. However, for OEMs able to manage these risks, the opportunity in India is
significant.

The semiconductor fabrication segment has a small existing base in India with only two

fabrication units, which both are developing chips for the defense and strategic sectors.
However, semiconductor suppliers are expanding their manufacturing activities in India to
serve the growing contract-manufacturing industry in the nation. As evidence of this trend,
groundbreaking commenced on a 200 mm fabrication unit in Hyderabad operated by Nano-
Tech Silicon India Ltd.

Recent trends show that an increasing number of engineering and design activities are also
being outsorced to EMS companies and they are becoming ODMs (Original Design
manufacturers) and also provide final system integration and logistical support

The recent acceleration in EMS activity is mainly due to rapid growth in the electronic
Hardware market in all segments particularly rapid growth has taken place in Telecom
Infrastructure Equipment, computers, Consumer & Hand held devices.

The Growth Drivers

Behind the impressive growth of the electronics industry is the robust and consistent growth
in Electronic Hardware market of approximately 25 per cent due to a stable economy &
large middle class of 350 million people. The fastest growing segments are demand for
telecom services particularly cell phones, internet subscribers & growth in demand for it
products with increasing penetration of computers, falling prices & Government
support to rapidly encourage usage of IT in all sectors. Penetration of telephone users (both
landline & mobile) is projected to increase exponentially. Some of the other factors are




                                              8
•   Highly talented workforce, especially for design and engineering services with
    good communication skills.
•   Rising labor costs in China.
•   Presence of global Electronics Manufacturing Services (EMS) majors in India and
    their plans for increased investments in India.
•   More outsourcing of manufacturing by both Indian and global Original Equipment
    Manufacturers




                                          9
1.5 COMPANY PROFILE

       In early 80's Nandlalji initiated his three sons - Venugopal, Rajkumar and Pradeep
into business. Through a technical tie up with Toshiba Corporation of Japan, he launched
India's first world-class color Television: Videocon. Today, Videocon is household name
across the nation- India's No. 1 brand of Consumer Electronics & Home Appliances, trusted
by over 50 million people to improve their quality of life.
Milestones

History:




Home Appliances:




                                             10
Microwave Ovens     Refrigerator   Washing Machines Air Conditioner




New Home Appliances

Washing Machines:

Front Loading




Top Loading




                                     11
2.1 REVIEW OF LITERATURE

MARKETING MIX:

The four main components of the marketing mix are,
      Product
      Price
      Place
      Promotion
The study considers the two components, Product and Price.
   The comparative study is done on the core marketing attributes of the products (home
appliances) such as,
      The various ranges of products that is available with all the brands.
      The key features of all the available products.
      The cost of all the available products.
      The Market leading position of the various brands in each segment.


       So, the Ranges, Features, cost, and Market Leading position of all the brands are
compared to find out whether we lead or lag the competitors. Range of products, is the
entire variety of products the company have in each segment of product category. For
example range or variety of products available under 180 litres, direct cool refrigerators
with the respective brand included for the study.
       The range of products is considered to be an important, as they satisfy the
different taste and preferences and expectations of the customers. Features of products,
is the key features that the product has to perform its operation customer friendly. Even
though there are various ranges of products they should have the essential features to
satisfy all kind of customers. The features of the product should be helpful to the
customer in handling the product and to utilize the product to the optimum level.
       Price of the product, is also an important factor that makes the customer to
choose the brand for their purchase. Even though there are some customer who are
willing to buy the products that are available cheaper in the market, most of them are
willing to pay a high price for a quality product. So, the cost of the product plays a vital
role in selecting the product.
       Market leader, is the brand that leads the market in sales on the specific product
category. A brand can become a leader when it satisfies all the customer expectations. To


                                            12
be in specific the market leader is the brand which has the maximum market share at
present.
       We are identifying the market leadership because, to find out whether our
product’s range, feature and price satisfies the customer’s taste and preference. So, if our
brand leads the market in particular segment, that denotes that our marketing attributes of
the product are accepted by the customers.




                                             13
2.2 RESEARCH METHODOLOGY

        According to D.Slesinger and M.Stephenson in the encyclopedia of social
sciences define research as “the manipulation of things, concepts or symbols for the
purpose of generalizing to extent, correct or verify knowledge aids in construction of
theory or in practice of an art.


2.2.1 Research design

        This study is also concerned with describing characteristics of particular
individual / group narrating facts, where descriptive is concerned with specific predictions
to determine the frequency with something else. It throws light on all the resources
available for data.


2.2.2 Source of data

        To obtain the needed information for this study primary data and secondary data
are used. The primary data was collected through formal questionnaire from the dealers
and the secondary data from the present records.


2.2.3 Data collection method

        The researcher has done through questionnaire technique for collecting data

2.2.4 Sampling method

        A sample of elementary units that is being selected on the basis of personal
judgment is called as non- probability sampling. In this project I used purposive sampling
for my research work. Purposive sampling is the method of sampling by which a sample
is drawn from a population based entirely on the personal judgment of the investigator. It
is otherwise called as Judgment sampling or Deliberate sampling


2.2.6 Sample size
        Sample size refers to the number of items to be selected from the universe to
constitute a sample. As it has suggested by the company 60 samples were taken for the
purpose of the study.




                                            14
2.2.7 Tools used for analysis


    Percentage Analysis
       The percentage refers to a special kind of ratio. Percentage is used in making
comparison between two or more series of data. Percentage is used to describe
relationship.
   Percentage (%) = No. Of Respondents * 100 / Total Respondents.


    Weighted average method
       When the relative importance of the different observations is not the same, we
compute weighted average method. The team “weight stands for the relative importance
of the different observations.


    H – Test:
       This test is also known as Kruskal-Wallis Test that is used to test the null
hypothesis. The H value is calculated and is compared with the tabulated   value to test
the hypothesis.
The H value is calculated by,
H = {[12N/(N+1)][R1²/N1+ R2²/N2+ R3²/N3+ R4²/N4]} – 3(N+1)



Condition

If the value of H > ψ² , Null hypothesis is rejected.

If the value of H > ψ² , Alternative hypothesis is rejected.




                                             15
3.1 DATA ANALYSIS AND INTERPRETATION

             3.1.1. SEGMENT OF VIDEOCON WASHING MACHINE

TABLE 3.1.1 SHOWING SEGMENT OF VIDEOCON WASHING MACHINE MOVES

                              FASTER IN THE MARKET


                                        NUMBER OF                 PERCENTAGE
       PRODUCT TYPE
                                            DEALERS                OF DEALERS

      SEMI AUTOMATIC                             14                     24%

     FULLY AUTOMATIC                             46                     76%




                    100


                     50


                      0
                           SEMI     FULLY
                           AUTO     AUTO




                                     FIGURE 3.1.1

Inference

From the above table it is evident that 76% of them are category fully auto, 24% of the

respondents are in the semi auto.




                                            16
3.1.2 SEGMENT OF VIDEOCON REFRIGERATOR MOVES FASTER IN THE

                                           MARKET

  TABLE 3.1.2 SHOWING SEGMENT OF VIDEOCON REFRIGERATOR MOVES

                                FASTER IN THE MARKET


                                           NUMBER OF               PERCENTAGE
        PRODUCT TYPE
                                            DEALERS                 OF DEALERS

         DIRECT COOL                              50                     84%

            FROST FREE                            10                     16%




                    100

                      50

                       0
                              DC       FF




                                            FIGURE 3.1.2




Inference
From the above table it is evident that, 84% of them are category of direct cool and 16%

of the respondents are in the frost free




                                             17
3.1.3 SEGMENT OF BRAND HAS STYLISH AND ATTRACTIVE EXTERIOR

                                        FINISH

       TABLE 3.1.3 SHOWING SEGMENT OF BRAND HAS STYLISH AND

                          ATTRACTIVE EXTERIOR FINISH


                                      NUMBER OF                PERCENTAGE OF
            BRAND
                                       DEALERS                      DEALERS

           SAMSUNG                         35                           58%

             LG                             4                           6%

            GODREJ                          2                           4%

           VIDEOCON                        28                           46%




      70
                  58
      60
      50                                                           46
      40
      30
      20
      10                          6                4
       0
             SAMSUNG             LG             GODREJ       WHIRLPOOL




                                      FIGURE 3.1.3

Inference


From the above table it is evident that 58% of the respondents are in the Samsung, 46% of

them are category of WHIRLPOOL 6% of them are category of LG, 4% of them are

category of GODRE,.




                                           18
3.1.4 SEGMENT OF DO YOU TRUST VIDEOCON

       TABLE 3.1.4 SHOWING SEGMENT OF DO YOU TRUST VIDEOCON


                                      NUMBER OF                PERCENTAGE OF
     DESCRIPTION
                                       DEALERS                        DEALERS

     GOOD QUALITY                          52                           86%

ECONOMICAL PRICING                          2                           4%

 ATTRACTIVE DESIGN                         12                           20%

          SERVICE                           1                           2%




    100
     90          86
     80
     70
     60
     50
     40
     30                                           20
     20
     10                          4                                2
      0
             QUALITY           PRICE            DESIGN        SERVICE




                                     FIGURE 3.1.4



Inference
From the above table it is evident that 86% of the respondents are in the QUALITY, 20%

of them are category of DESIGN, 4% of them are category of PRICE, 2% of them are

category of service




                                          19
3.1.5 SEGMENT OF PRICING OF VIDEOCON PRODUCTS

   TABLE 3.1.5 SHOWING SEGMENT OF PRICING OF VIDEOCON PRODUCTS


                                                NUMBER OF         PERCENTAGE OF
            DESCRIPTION
                                                     DEALERS          DEALERS

  LOWER THAN OTHER BRANDS                                  0              0%

    EQUAL TO OTHER BRANDS                                  7              12%

  HIGHER THAN OTHER BRANDS                                53              88%




              100
                                                     HIGHER, 88
               80
               60
               40
               20                   EQUAL, 12
                        LOWER, 0

                0
                     LOWER
                                   EQUAL
                                                 HIGHER



                                      FIGURE 3.1.5




Inference
From the above table it is evident that 88% of them are category of higher than other

brands, 12% of them are category of equal to other brands, 0% of the respondents are in

the lower than other brands




                                                20
3.1.6 SEGMENT OF PROFIT MARGIN OF SELLING VIDEOCON PRODUCTS

      TABLE 3.1.6 SHOWING SEGMENT OF PROFIT MARGIN OF SELLING

                               VIDEOCON PRODUCTS


                                          NUMBER OF           PERCENTAGE OF
            DESCRIPTION
                                           DEALERS                 DEALERS
    VERY LOW THAN OTHER
                                                 0                     0%
              BRANDS

 LOWER THAN OTHER BRANDS                        26                    43%

   EQUAL TO OTHER BRANDS                        19                    32%

 HIGHER THAN OTHER BRANDS                       15                    25%

    VERY HIGH THAN OTHER
                                                 0                     0%
              BRANDS




                    60

                    40

                    20

                     0




                                    FIGURE 3.1.6

Inference
From the above table it is evident that43% of them are category of lower than other

brands, 32% of them are category of equal to other brands, 25% of them are category of

higher than other brands, 0% of the respondents are in the very lower than other brands,

0% of them are category of very higher than other brands



                                          21
3.1.7 SEGMENT OF COMPANY GIVES YOU MORE PROMOTIONAL OFFERS

      TABLE 3.1.7 SHOWING SEGMENT OF COMPANY GIVES YOU MORE

                             PROMOTIONAL OFFERS


                                       NUMBER OF                PERCENTAGE OF
            BRAND
                                         DEALERS                      DEALERS

          SAMSUNG                             23                        38%

             LG                               5                         8%

            GODREJ                            20                        34%

          VIDEOCON                            10                        16%

          VIDEOCON                            4                         6%




     40         38
                                                   34
     35
     30
     25
     20                                                          16
     15
     10                          8
                                                                                  6
      5
      0
             SAMSUNG            LG            GODREJ        WHIRLPOOL          V.CON




                                     FIGURE 3.1.7



Inference
From the above table it is evident that 38% of the respondents are in the Samsung, 34%
of them are category of GODREJ, 16% of them are category of WHIIRLPOOL, 8% of
them are category of LG, 6% of them are category of VIDEOCON.




                                         22
3.1.8 SEGMENT OF DIRECT COOL REFRIGERATORS

    TABLE 3.1.8 SHOWING SEGMENT OF DIRECT COOL REFRIGERATORS


                          POSITION OF                              PERCENTAGE OF
                                                  NUMBER OF
      BRAND                    THE                                      DEALERS
                                                   DEALERS
                              BRAND

    VIDEOCON                     I                    50                  84%

    SAMSUNG                      II                   38                  63%

     GODREJ                      III                  30                  50%

        LG                      IV                    23                  38%



                 WHIRLPOOL
            90       84
            80                 SAMSUNG
            70                    63          GODREJ
            60                                  50            LG
            50                                                38
            40
            30
            20
            10
             0
                 I POSITION IN II POSITION   III POSITION IV POSITION
                     SALES       IN SALES      IN SALES     IN SALES




                                       FIGURE 3.1.8

Inference
From the above table it is evident that 84% of the respondents are in the WHIRLPOOL,

63% of them are category of SAMSUNG, 50% of them are category of GODREJ, 38%

of them are category of LG.




                                             23
3.1.9 SEGMENT OF FROST FREE REFRIGERATORS

     TABLE 3.1.9 SHOWING SEGMENT OF FROST FREE REFRIGERATORS


                        POSITION OF                             PERCENTAGE OF
                                              NUMBER OF
      BRAND                 THE                                    DEALERS
                                               DEALERS
                          BRAND
    SAMSUNG                    I                    37                  62%

    VIDEOCON                   II                   32                  53%

     GODREJ                    III                  19                  31%

        LG                     IV                   17                  28%



        70     SAMSUNG
                  62         WHIRLPOOL
        60                       53
        50
                                              GODREJ            LG
        40
                                                31              28
        30
        20
        10
         0
             I POSITION IN II POSITION IN III POSITION IN IV POSITION
                 SALES         SALES           SALES        IN SALES




                                     FIGURE 3.1.9

Inference
From the above table it is evident that 62% of the respondents are in the SAMSUNG,

53% of them are category ofWHIRLPOOL,31 % of them are category of GODREJ, 28%

of them are category of LG




                                         24
3.1.10 SEGMENT OF SEMI AUTOMATIC WAHING MACHINES

      TABLE 3.1.10 SHOWING SEGMENT OF SEMI AUTOMATIC WAHING

                                        MACHINES


                            POSITION OF                             PERCENTAGE OF
                                                  NUMBER OF
      BRAND                     THE                                    DEALERS
                                                   DEALERS
                              BRAND
    VIDEOCON                      I                     36                  60%

    SAMSUNG                       II                    31                  52%

           LG                     III                   20                  34%

    VIDEOCON                     IV                     17                  28%

     GODREJ                       V                     14                  24%




            WHIRLPOOL
      70
                60            SAMSUNG
      60                         52
      50                                          LG
      40                                          34         VIDEOCON
                                                                             GODREJ
                                                                 28
      30                                                                       24
      20
      10
       0
            I POSITION IN    II POSITION IN III POSITION IN IV POSITION IN V POSITION IN
                SALES            SALES           SALES          SALES         SALES




                                        FIGURE 3.1.10



INFERENCE:
From the above table it is evident that 60% of the respondents are in the wHIRLPOOL,

52% of them are category of SAMSUNG, 34% of them are category of LG, 28% of them

are category of VIDEOCON, 24% of them are category GODREJ.


                                             25
3.1.11 SEGMENT OF FULLY AUTOMATIC WAHING MACHINES

     TABLE 3.1.11 SHOWING SEGMENT OF FULLY AUTOMATIC WAHING

                                   MACHINES


                              POSITION                NUMBER       PERCENTAGE
     BRAND                      OF THE                    OF             OF
                                BRAND                 DEALERS        DEALERS
   VIDEOCON                         I                     44             74%
   SAMSUNG                         II                     36             60%
       IFB                         III                    31             52%
       LG                          IV                     22             36%
     GODREJ                        V                      16             26%




             WHIRLPOOL
        80       74    SAMSUNG
        70                60                  IFB
        60                                     52
        50                                                 LG
        40                                                 36         GODREJ
        30                                                              26
        20
        10
         0
              I POSITION II POSITION III POSITION IV POSITION V POSITION
               IN SALES    IN SALES    IN SALES     IN SALES   IN SALES



                                  FIGURE 3.1.11

INFERENCE:

      From the above table it is evident that 74% of the respondents are in the
WHIRLPOOL, 60% of them are category of SAMSUNG, 52% of them are category of
IFB , 36% of them are category of , 26% of LG them are category of GODREJ.




                                         26
3.1.12 SEGMENT OF PREFERENCE OF VIDEOCON

   TABLE 3.1.12 SHOWING SEGMENT OF PREFERENCE OF VIDEOCON

    Particulars                 Respondents                    Percentage (%)

   Brand Name                        40                              67%


      Quality                        20                              33%




                     80

                     60

                     40                                      Respondents

                     20

                       0




                                    FIGURE 3.1.12

Inference
       From the above table it is evident that 67% of the respondents are in the brand
name, 33% of them are category of quality.




                                             27
3.1.13 SEGMENT OF VIDEOCON PRODUCT WHICH WILL BE SUGGESTED
                         FOR BUYING

TABLE 3.1.13 SHOWING SEGMENT OF VIDEOCON PRODUCT WHICH WILL BE
                      SUGGESTED FOR BUYING

        Products                    Respondents                       Percentage
     Washing machine                      15                             25%
            TV                            20                             33%
       Refrigerator                       10                             17%
     Microwave oven                        5                              8%
      Air conditioner                     10                             17%




                   30

                   20

                    10

                     0

                         Washing     TV
                         machine           Refrigerator
                                                          Microwave
                                                            oven




                                    FIGURE 3.1.13



Inference
       From the above table it is evident that 33% of them are category of TV ,25% of
the respondents are in the washing machine, , 17% of them are category of Refrigerator,
17% of them are category of Air conditioner 8% of them are category of micro oven,.




                                          28
3.1.14 SEGMENT OF PRODUCT COMES TO MIND ON THE HEARING THE
                                NAME VIDEOCON
  TABLE 3.1.14 SHOWING SEGMENT OF PRODUCT COMES TO MIND ON THE
                        HEARING THE NAME VIDEOCON


      Product                       Respondent                   Percentage
   Washing machine                      10                           17
         TV                             30                           50
    Refrigerator                        15                           25
   Microwave oven                        5                            8




                          60
                          40
                          20
                            0




                                   FIGURE 3.1.14



Inference
       From the above table it is evident that 50 % of them are category of Tv,25% of
them are category of Refrigerator,17% of the respondents are in the washing machine, ,
8% of them are category of micro oven.




                                         29
3.1.15 SEGMENT OF TV BRAND YOU PREFER THE MOST
  TABLE 3.1.15 SHOWING SEGMENT OF TV BRAND YOU PREFER
                                      THE MOST


         Particulars                 Respondents                   Percentage
             Lg                           5                             8
          Samsung                        20                            33
         Panasonic                        5                             8
           Philips                        3                             5



    35

    30

    25

    20

    15

    10

     5

     0
                 Lg             Samsung           Panasonic          Philips



                                     FIGURE 3.1.15


Inference
         From the above table it is evident that 33% of them are category of Samsung ,8%
of the respondents are in the LG, 8% of them are category of Panasonic, 8% of them are
category of Philips.




                                           30
3.1.16 SEGMENT OF PREFERENCE OF A/C MOST

TABLE 3.1.16 SHOWING SEGMENT OF PREFERENCE OF A/C MOST

       Products                  Respondents                 Percentage
         LG                          10                          17
       Samsung                       20                          33
       Videocon                       5                           8
        Voltas                       25                          42




              50
              40                 33                  42
               30      17
               20
               10                           8
                0

                      Lg
                             Samsung
                                       Videocon
                                                  Voltas



                                 FIGURE 3.1.16




Inference
      From the above table it is evident that 42% of them are category of VOLTAS,
33% of them are category of SAMSUNG 17% of the respondents are in the LG, 8% of
them are category of VIDEOCON.




                                       31
3.1.17 SEGMENT OF PREFERENCE OF TV BRAND MOST

   TABLE 3.1.17 SHOWING SEGMENT OF PREFERENCE OF TV BRAND
                                          MOST

            Products                   Respondents                 Percentage (%)
              LG                           20                           33%
            Samsung                        10                           17%
            Videocon                       10                           17%
            Whirlpool                      20                           33%



                                       Chart Title
                   35
                   30
                   25
      Axis Title




                   20
                   15
                   10
                    5
                    0
                        Lg           Samsung         Videocon        Whirlpool
                        33             17               17              33




                                       FIGURE 3.1.17


Inference
          From the above table it is evident that 33% of the respondents are in the LG, 33%
of them are category whirlpool, 17% of them are category of Samsung, 17% of them are
category of Videocon.




                                               32
3.1.18 SEGMENT OF PREFERENCE OF MICROWAVE BRAND
                                          THE MOST
            TABLE 3.1.18 SHOWING SEGMENT OF PREFERENCE OF
                           MICROWAVE BRAND THE MOST
            Products                      Respondents                   Percentage
              LG                              20                            33
            Samsung                           10                            18
            Videocon                           5                             8
            Whirlpool                          5                             8
            Ken Star                          20                            33




  35
   30
   25
   20
   15
   10
        5
        0

                   Lg
                                Samsung
                                                Videocon
                                                                 Whirlpool




                                          FIGURE 3.1.18




Inference
            From the above table it is evident that 33% of the respondents are in the LG, 33%
of them are category of SAMSUNG,18 % of them are category of VIDEOCON, 8% of
them are category of WHIRLPOOL 8%



                                               33
3.1.19 SEGMENT OF PROMOTION ATTRACTS YOU TOWARDS
                                         THE VIDEOCON
  TABLE 3.1.19 SHOWING SEGMENT OF PROMOTION ATTRACTS
                             YOU TOWARDS THE VIDEOCON


       Products                             Respondents                Percentage
     Advertisement                              20                         33
      Brand Name                                18                         30
         Logo                                   12                         20
         Offers                                 10                         17




                            33
         35
                                          30
            30
            25
            20                                           20

            15                                                   17

            10
                 5
                 0

                     Advertisement
                                     Brand Name
                                                       Logo
                                                              Offers




                                            FIGURE 3.1.19


Inference
       From the above table it is evident that 33% of them are category of Offers , 30%
of them are category of brand name , 20% of them are category of Logo ,17% of the
respondents are in the advertisement.




                                                  34
3.1.20 SEGMENT OF FEEL WHILE USING THE VIDEOCON
                         PRODUCT
  TABLE 3.1.20 SHOWING SEGMENT OF FEEL WHILE USING THE
                                  VIDEOCON PRODUCT


      Particulars                      Respondents                Percentage
     Status symbol                         28                         46
         Pride                             22                         37
       Feeling ok                          10                         17



        50
         45
         40
         35
         30
         25
            20
            15
            10
              5
              0

                  Status symbol
                                    Pride
                                                 Feeling ok




                                       FIGURE 3.1.20




Inference
       From the above table it is evident that 46% of the respondents are in the status
symbol, 37% of them are category pride of them are category of feeling ok 17% of them.




                                            35
3.1.21 SEGMENT OF ADVERTISEMENTS MAKE YOU TO BUY
                           THE VIDEOCON PRODUCTS
 TABLE 3.1.21 SHOWING SEGMENT OF ADVERTISEMENTS MAKE
                   YOU TO BUY THE VIDEOCON PRODUCTS


        Option                      Respondents                     Percentage
         Yes                            38                              63
         No                             22                              37




            70         63
            60
            50
                                  37
            40
             30
             20
             10
               0                               0
                                                            0
                     Yes
                               No




                                    FIGURE 3.1.21




Inference
      From the above table it is evident that 63% yes and 37% no.




                                         36
TESTING THE DATA USING KRUSKAL – WALLIS OR H - TEST

  TABLE SHOWING THE PERCENTAGE OF SALES ON DIFFERENT CONSUMER

                             PRODUCTS OF VARIOUS BRANDS



                                                                                FULLY
                  DIRECT COOL          FROST FREE          SEMI AUTO
                                                                                AUTO
              REFRIGERATOR REFRIGERATOR                     WASHERS
                                                                              WASHERS

VIDEOCON                84                  53                  60                74

SAMSUNG                 63                  62                  52                60

   LG                   38                  28                  34                36

GODREJ                  50                  31                  24                26



 NULL HYPOTHESIS (H) : There is no significant difference in the sales of the

 different brand’s products.



 ALTERNATIVE HYPOTHESIS (H*) : There is significant difference in the sales of

 the different brand’s products.



 N = N1+N2+N3+N4 ; where N1,N2,N3&N4 are number of product segments in each

 brand

   =4+4+4+4                    = 16.

 Arranging these percentages in ascending order of magnitude and assigning appropriate
 ranks, we have




                                           37
Table of Ranks

Percentag     2    2   2    3         3   3    3        5   5        5                    6   6   7   8
                                                                         60       60
     e        4    6   8    1         4   6    8        0   2        3                    2   3   4   4

  Ranks                                                              1   11.     11.      1   1   1   1
              1    2   3    4         5   6    7        8   9
                                                                     0   5        5       3   4   5   6



                                                                         Sum of Ranks

             VIDEOCON           16        10       11.5         15             52.5 =R1

             SAMSUNG            14        13        9       11.5               47.5 =R2

                  LG              7        3        5           6                21=R3

              GODREJ              8        4        1           2               15 =R4



            H = {[12N/(N+1)][R1²/N1+ R2²/N2+ R3²/N3+ R4²/N4]} – 3(N+1)



Substituting the values of N, N1,N2,N3&N4 and R1,R2,R3&R4 we get,



          H = {[12*16/(16+1)][52.5²/4 + 47.5²/4 + 21²/4 +15²/4]} – 3(16+1)

          H = 11.63

Degrees of freedom = k-1 = 4-1 = 3

Level of significance: α = 0.05



The value of ψ² for 3 degrees of freedom and at α = 0.05 is 7.81




                                                   38
Condition

If the value of H > ψ² , Null hypothesis is rejected.

If the value of H > ψ² , Alternative hypothesis is rejected.



Since the value of H > ψ² , Null hypothesis is rejected and Alternative hypothesis is

accepted.




Inference

Therefore, there is significant difference in the sales of the different brand’s products.




                                              39
TESTING USING WEIGHTED AVERAGE METHOD


            DESCRIPTION                    NUMBER OF DEALERS

VERY HIGH THAN OTHER BRANDS                                    5

 HIGHER THAN OTHER BRANDS                                      15

   EQUAL TO OTHER BRANDS                                       14

  LOWER THAN OTHER BRANDS                                      24

VERY LOW THAN OTHER BRANDS                                     2

                 TOTAL                                         60



  Rank             I           II             III             IV          V

Weightage          4            2             3                1          5



  Weighted Average Method:

  Xw = wixi / wi              ; Where, Wi = Weightage of the ith item x

                                       Xi = Value of the ith item x

  Calculation:

   wixi = 0 * 5+ 15*4 + 19*3+ 20*2 + 0*1

   wixi =157

   wixi / wi = 157/60 =2.61                         Average = 2.61




                                      40
AVD Scale:
                                                 (2.61)
                                        Lower Than Other Brands


 Very High                                                                             Very low
Profit Margin      5            4              3              2               1      Profit Margin




    Interpretation

    From the ranking method it is observed that most of the retailer ranked lower than other
    brands among all the above said factors.


    RESULT
    RANK 1: Lower than other brands
    RANK 2: Higher than other brands
    RANK 3: Equal to other brands
    RANK 4: Very high than other brands
    RANK 5: Very low than other brands




                                               41
3.2 FINDINGS

From the Survey it is found that 76% of them are category fully auto, 24% of the

respondents are in the semi auto.

From the Survey it is found that 84% of them are category of direct cool and 16%

of the respondents are in the frost free

From the Survey it is found that 58% of the respondents are in the Samsung, 46%

of them are category of WHIRLPOOL 6% of them are category of LG, 4% of

them are category of GODREJ,.

From the Survey it is found that 86% of the respondents are in the QUALITY,

20% of them are category of DESIGN, 4% of them are category of PRICE, 2% of

them are category of service

From the Survey it is found that 88% of them are category of higher than other

brands, 12% of them are category of equal to other brands, 0% of the respondents

are in the lower than other brands

From the Survey it is found that 38% of the respondents are in the Samsung, 34%

of them are category of GODREJ, 16% of them are category of WHIIRLPOOL,

8% of them are category of LG, 6% of them are category of VIDEOCON.

From the Survey it is found that 84% of the respondents are in the WHIRLPOOL,

63% of them are category of SAMSUNG,           50%    of them are category of

GODREJ, 38% of them are category of LG.

From the Survey it is found that 62% of the respondents are in the SAMSUNG,

53% of them are category ofWHIRLPOOL,31 %             of them are category of

GODREJ, 28% of them are category of LG




                                      42
From the Survey it is found that 60% of the respondents are in the whirlpool, 52%

of them are category of SAMSUNG, 34% of them are category of LG, 28% of

them are category of VIDEOCON, 24% of them are category GODREJ

From the Survey it is found that 74% of the respondents are in the WHIRLPOOL,

60% of them are category of SAMSUNG, 52% of them are category of IFB , 36%

of them are category of , 26% of LG them are category of GODREJ.

From the Survey it is found that 67% of the respondents are in the brand name,

33% of them are category of quality.

From the Survey it is found that 33% of them are category of TV ,25% of the

respondents are in the washing machine, , 17%         of them are category of

Refrigerator, 17% of them are category of Air conditioner 8% of them are

category of micro oven,.

From the Survey it is found that 50 % of them are category of Tv,25% of them

are category of Refrigerator,17% of the respondents are in the washing machine, ,

8% of them are category of micro oven.

From the Survey it is found that 33% of them are category of Samsung ,8% of the

respondents are in the LG, 8% of them are category of Panasonic, 8% of them are

category of Philips.

From the Survey it is found that 42% of them are category of VOLTAS, 33% of

them are category of SAMSUNG 17% of the respondents are in the LG, 8% of

them are category of VIDEOCON.

From the Survey it is found that 33% of the respondents are in the LG, 33% of

them are category whirlpool, 17% of them are category of Samsung, 17% of them

are category of Videocon.




                                   43
From the Survey it is found that 33% of the respondents are in the LG, 33% of

them are category of SAMSUNG,18 % of them are category of VIDEOCON, 8%

of them are category of WHIRLPOOL 8%

From the Survey it is found that 33% of them are category of Offers, 30% of them

are category of brand name , 20% of them are category of Logo ,17% of the

respondents are in the advertisement.

From the Survey it is found that 46% of the respondents are in the status symbol,

37% of them are category pride of them are category of feeling ok 17% of them.




                                    44
3.3 SUGGESIONS

1. Videocon is lagging the leader ship in Frost free segment with a small percentage

   difference and this can be overcome by producing the products in more number of

   colors and features



2. The stock availability of the fast moving segments should be increased, as there is

   a high demand for the products.



3. The commission for the dealers can be re-considered, to improve the sales.



4. The company is lagging in providing the promotional offers such as exchange

   offers and discount sales. So, these kinds of offers can be provided as the

   competitors coming other brands.



5. The Frost free refrigerator’s can be redesigned and can come out with further new

   models.




                                       45
3.4 CONCLUSION

       This project work was done to “compare the marketing attributes of home

appliances made by different manufacturers and to identify the market leading positions”.

This project has helped me to add my knowledge about the marketing attributes required

for the product in the home appliances industry.



       The study was conducted among the identified dealers around Chennai. It is

observed that the company has good market leadership and it will be retained in future.



       This project has attained the objectives for which it was started. The results of this

project give a new dimension for the company for improving the features and range of

products and for identifying their present market position.



       Therefore, I conclude that Videocon plays very well in market with certain

products and remaining products which is not demanded more compare to other product

has to be redesign or more promotional activity should be carried out .




                                            46
ANNEXURE

                      ------VIDEOCON INDUSTRIES------

                               QUESTIONNAIRE

Hello! I am A.vikram, doing M.B.A final year in MEENAKSHI COLLEGE OF
ENGINEERING and am required to submit project . For the purpose, I am conducting the
survey. Will you please take a few minutes to answer some questions? I assure you that
your answers would be kept confidential.


PERSONAL DETAILS:

Name              - _________________
Age               -  15-25    25-35       35-50
Gender            -  Male     Female
Occupation        -  Student  Housewife  Business         Service
Salary            - >10000     10000 – 20000 20000 – 30000 >30000



1. Which brands refrigerator and washing machines do you deal with?

        LG

        Godrej

        Whirlpool

        IFB

        Videocon

        Haier

        Tcl

        Samsung




                                            47
2. Rank the brands as per the highest sales in direct cool (single door) refrigerators?

(1- Strongly Agree,     2- Agree,        3-Neutral,       4-Disagree,   5- Strongly Disagree.)


        Samsung             1       2        3       4   5    ………………….........................

        Lg                1     2         3       4      5    ………………….........................

        Whirlpool       1       2        3       4       5    ………………….........................

        Godrej              1       2        3       4   5    ………………….........................

        Videocon            1       2        3       4   5    ………………….........................



3. Rank the brands as per the highest sales in frost free (double door) refrigerators?

(1- Strongly Agree,     2- Agree,        3-Neutral,       4-Disagree,   5- Strongly Disagree.)


        Samsung             1       2        3       4   5    ………………….........................

        Lg                1     2         3       4      5    ………………….........................

        Whirlpool       1       2        3       4       5    ………………….........................

        Godrej              1       2        3       4   5    ………………….........................

        Videocon            1       2        3       4   5    ………………….........................



4. Rank the brands as per the highest sales in semi - automatic washing machines?

(1- Strongly Agree,     2- Agree,        3-Neutral,       4-Disagree,   5- Strongly Disagree.)
        Samsung             1       2        3       4   5    ………………….........................

        Lg                1     2         3       4      5    ………………….........................

        Whirlpool       1       2        3       4       5    ………………….........................

        Godrej              1       2        3       4   5    ………………….........................

        Videocon            1       2        3       4   5    ………………….........................


                                                  48
5. Rank the brands as per the highest sales in fully automatic washing machines?

(1- Strongly Agree,    2- Agree,     3-Neutral,        4-Disagree,   5- Strongly Disagree.)



    Samsung             1      2      3     4     5      ………………….........................

    Lg                  1     2       3     4     5      ………………….........................

    Videocon            1      2      3     4     5       ………………….........................

    Godrej               1     2      3     4     5      ………………….........................

    Ifb                 1      2      3     4     5      ………………….........................



6. Which type of refrigerators in Videocon moves faster in the market?




        Direct cool (single door) refrigerators

        Frost free (double door) refrigerators



7. Which type of washing machines in Videocon moves faster in the market?

        Semi - automatic washing machines

        Fully automatic washing machines



8. Which brand has stylish and attractive exterior finish?

        Samsung

        Lg

        Godrej

        Videocon



                                             49
9. How is the profit margin in selling Videocon products?

       Very low than other brands

       Lower than other brands

       Equal to other brands

       Higher than other brands

       Very high than other brands



10. Why do you trust Videocon?

       Good quality

       Economical pricing

       Attractive designs

       Others……………………….



11. Which company gives you more promotional offers?

       Samsung

       Lg

       Whirlpool

       Godrej

       Videocon




                                           50
12. What do you prefer to Videocon? (Tick any 1)

    Brand Name

    Quality

13. Which product in Videocon you would suggest to customers for buy the most?

    Washing Machine
    TV
    Refrigerator
    Microwave Oven
    Air Conditioner

14. Which product of Videocon comes to your mind on the hearing the name Videocon?

   Washing Machine
    TV
    Refrigerator
    Microwave Oven
    Others Specify ………………………….


16. Which TV brand you prefer the most?

     Lg
     Samsung
     Panasonic
     Philips
     Videocon
     Sony

                                          51
17. Which brand A/C you prefer the most?

     Lg
     Samsung
     Videocon
     Voltas

18. Which brand refrigerator you prefer the most?

     Whirlpool
     Videocon
     Samsung
     Lg

19. Which brand microwave oven prefer the most?

     Ken Star
     Whirlpool
     Samsung
     Lg
     Videocon

20. Which promotion attracts you towards the Videocon?

     Advertisement
     Brand Name
     Logo
     Offers




                                           52
21. How do you feel while using the Videocon product?

     As a status symbol
     As a pride
     Just feeling ok
     Others Specify …………………….

22. Do advertisements make you to buy the Videocon products?

     Yes
     No




                                         53
BIBILOGRAPHY
Referred books:


     1. Marketing management by philip kotler 11th edition,     pearson education.
     2. Statistics for management by dr.p.n.arora , s.chand & cof ltd.
Websites:
     1.   http://ae.lgworld.com/web.main.dev
     2. http://papers.ssrn.com
     3. http://www.articledashboard.com/Article
     4. www.marketresearch.com
     5. http://www.moneycontrol.com/india/stockpricequote




                                         54

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  • 1. CHAPTER - I 1.1 INTRODUCTION “Marketing is a societal process by which individuals and groups obtain what they need and want through creating, offering, and freely exchanging products and services of value with others”. Marketing is the function by which marketers’ plans, promotes and delivers goods and services for customers and clients. In the context of marketing of services, we can say that marketing is the creation and delivery of customer satisfying products or services at a profit to the suppliers or provider of the products or services. Management must think of itself not as producing products as it is catering to the consumers through retail outlets but as providing the expected right quality to the users and ultimately should aim at right quality. In this project we try to compare the marketing attributes that play a vital role in marketing the home appliances such as refrigerators and washing machines. The main competitors for the Videocon are LG, Samsung, Godrej. The Videocon and IFB are also considered as competitors in few segments. The comparative study is done on the core marketing attributes such as  The various ranges of products that is available with all the brands.  The key features of all the available products.  The cost of all the available products. 1
  • 2. 1.2 OBJECTIVE OF THE STUDY PRIMARY OBJECTIVE:  To compare the marketing attributes of the home appliances (refrigerator and washing machine) of the leading brands in the market. SECONDARY OBJECTIVE:  To find out the leader in Sales at present in the market.  To find out the fast moving products of Videocon. 2
  • 3. 1.3 SCOPE OF THE STUDY By this study the company can get a lot of information about their competitors in the market related to the product. Also they can improve their product and service levels in respect to the cost and quality of the product and they are able to find out the fast moving products of Videocon in the market and the various suggestions from the dealers will be helpful to improve the company in different aspects. This study will provide the details of the entire range products in refrigerator and washing machine segment that the competitors has and the price of each product so that the we can identify the marketing attributes in which our company is lagging and those which are helping us to lead the market. Finally, the study will be able to provide the market leaders in each segment in the current prevailing market. 3
  • 4. 1.4 LIMITATION OF THE STUDY  The study is being conducted in Chennai city only. So the results cannot be applied to any other place.  The sample size is limited to 100samples.  The prices of the products are as on project duration and they can vary at any point of time.  Respondents are reluctant to answer the questions during their work hours. 4
  • 5. 1.5 INDUSTRY PROFILE The Electronics Industry in India took off around 1965 with an orientation towards space and defence technologies. This was rigidly controlled and initiated by the government. This was followed by developments in consumer electronics mainly with transistor radios, Black & White TV, Calculators and other audio products. Colour Televisions soon followed. In 1982-a significant year in the history of television in India - the government allowed thousands of colour TV sets to be imported into the country to coincide with the broadcast of Asian Games in New Delhi. 1985 saw the advent of Computers and Telephone exchanges, which were succeeded by Digital Exchanges in 1988. The period between 1984 and 1990 was the golden period for electronics during which the industry witnessed continuous and rapid growth. From 1991 onwards, there was first an economic crises triggered by the Gulf War which was followed by political and economic uncertainties within the country. Pressure on the electronics industry remained though growth and developments have continued with digitalisation in all sectors, and more recently the trend towards convergence of technologies. After the software boom in mid 1990s India's focus shifted to software. While the hardware sector was treated with indifference by successive governments. Moreover the steep fall in custom tariffs made the hardware sector suddenly vulnerable to international competition. In 1997 the ITA agreement was signed at the WTO where India committed itself to total elimination of all customs duties on IT hardware by 2005. In the subsequent years, a number of companies turned sick and had to be closed down. At the same time companies like Moser Baer, Samtel Colour, Celetronix etc. have made a mark globally. Current Scenario In recent years the electronic industry is growing at a brisk pace. It is currently worth US$ 32 Billion and according to industry estimates it has the potential to reach US$ 150 billion by 2010. The largest segment is the consumer electronics segment. While is largest export segment is of components. The electronic industry in India constitutes just 0.7 per cent of the global electronic industry. Hence it is miniscule by international comparison. However the demand in the Indian market is growing rapidly and investments are flowing in to augment manufacturing capacity. The output of the Electronic Hardware Industry in India is worth US$11.6 Billion at 5
  • 6. present. India is also an exporter of a vast range of electronic components and products for the following segments • Display technologies • Entertainment electronics • Optical Storage devices • Passive components • Electromechanical components 6
  • 7. • Telecom equipment • Transmission & Signaling equipment • Semiconductor designing • Electronic Manufacturing Services (EMS) This growth has attracted global players to India and leaders like Solectron, Flextronics, Jabil, Nokia, Elcoteq and many more have made large investments to access the Indian market. In consumer electronics Korean companies such as LG and Samsung have made commitments by establishing large manufacturing facilities and now enjoy a significant share in the growing market for products such as Televisions, CD/DVD Players, Audio equipment and other entertainment products. The growth in telecom products demand has been breathtaking and India is adding 2 million mobile phone users every month! With telecom penetration of around 10 per cent, this growth is expected to continue at least over the next decade. Penetration levels in other high growth products are equally high and growth in demand for Computer/ IT products, auto electronics, medical, industrial, as well as consumer electronics is equally brisk. Combined with low penetration levels and the Indian economy growing at an impressive 7 per cent per annum, the projection of a US$150 Billion+ market is quite realistic and offers an excellent opportunity to electronics players worldwide. 1.3 Electronic Manufacturing Services India is well-known for its software prowess. But on the hardware front, the progress is rather slow. However, the country has been making gains in this sector also. Already, 50 Electronics Manufacturing Services (EMS)/Original Design Manufacturers (ODMs) providers are operating in India, ranging from global players including Flextronics and Solectron to indigenous firms including Deltron, TVS Electronics and Sahasra. Further moves by international players are expected to add production in India in the coming years. Obvious allure of locating electronics production in India is the nation’s low labor costs. Labor costs for conducting electronics manufacturing in India are between 30 to 40 per cent less than in the United States or in Western Europe. Other equally important benefits from operating in India include a fast-growing domestic market, an excellent education system, the nation’s technology parks and the recent improvements in the country’s transit and utility infrastructure. However, the Indian contract-manufacturing industry is not expected to pose a significant threat to China’s position as the epicenter of electronics manufacturing in the short term. India’s contract manufacturing activities primarily serve the nation’s indigenous demand. 7
  • 8. OEMs primarily outsource manufacturing to cater to the Indian domestic market, although export of Indian-assembled electronic goods does occur. In the longer term, i.e. 2009 onward, it is predicted that India may compete with the Chinese providers in select products as the nation’s share of the global electronics market increases. For OEMs, using contract manufacturing services in India can help them penetrate the local market. However, OEMs face specific risks associated with using contract manufacturers in India. Fluid exchange rates combined with volatile oil and component prices lead to unpredictable costs. Changing government policies along with shifting government regimes also contribute to an unpredictable political environment. Doing business in India is often disjointed, with an inefficient bureaucratic system that causes frequent delays. However, for OEMs able to manage these risks, the opportunity in India is significant. The semiconductor fabrication segment has a small existing base in India with only two fabrication units, which both are developing chips for the defense and strategic sectors. However, semiconductor suppliers are expanding their manufacturing activities in India to serve the growing contract-manufacturing industry in the nation. As evidence of this trend, groundbreaking commenced on a 200 mm fabrication unit in Hyderabad operated by Nano- Tech Silicon India Ltd. Recent trends show that an increasing number of engineering and design activities are also being outsorced to EMS companies and they are becoming ODMs (Original Design manufacturers) and also provide final system integration and logistical support The recent acceleration in EMS activity is mainly due to rapid growth in the electronic Hardware market in all segments particularly rapid growth has taken place in Telecom Infrastructure Equipment, computers, Consumer & Hand held devices. The Growth Drivers Behind the impressive growth of the electronics industry is the robust and consistent growth in Electronic Hardware market of approximately 25 per cent due to a stable economy & large middle class of 350 million people. The fastest growing segments are demand for telecom services particularly cell phones, internet subscribers & growth in demand for it products with increasing penetration of computers, falling prices & Government support to rapidly encourage usage of IT in all sectors. Penetration of telephone users (both landline & mobile) is projected to increase exponentially. Some of the other factors are 8
  • 9. Highly talented workforce, especially for design and engineering services with good communication skills. • Rising labor costs in China. • Presence of global Electronics Manufacturing Services (EMS) majors in India and their plans for increased investments in India. • More outsourcing of manufacturing by both Indian and global Original Equipment Manufacturers 9
  • 10. 1.5 COMPANY PROFILE In early 80's Nandlalji initiated his three sons - Venugopal, Rajkumar and Pradeep into business. Through a technical tie up with Toshiba Corporation of Japan, he launched India's first world-class color Television: Videocon. Today, Videocon is household name across the nation- India's No. 1 brand of Consumer Electronics & Home Appliances, trusted by over 50 million people to improve their quality of life. Milestones History: Home Appliances: 10
  • 11. Microwave Ovens Refrigerator Washing Machines Air Conditioner New Home Appliances Washing Machines: Front Loading Top Loading 11
  • 12. 2.1 REVIEW OF LITERATURE MARKETING MIX: The four main components of the marketing mix are,  Product  Price  Place  Promotion The study considers the two components, Product and Price. The comparative study is done on the core marketing attributes of the products (home appliances) such as,  The various ranges of products that is available with all the brands.  The key features of all the available products.  The cost of all the available products.  The Market leading position of the various brands in each segment. So, the Ranges, Features, cost, and Market Leading position of all the brands are compared to find out whether we lead or lag the competitors. Range of products, is the entire variety of products the company have in each segment of product category. For example range or variety of products available under 180 litres, direct cool refrigerators with the respective brand included for the study. The range of products is considered to be an important, as they satisfy the different taste and preferences and expectations of the customers. Features of products, is the key features that the product has to perform its operation customer friendly. Even though there are various ranges of products they should have the essential features to satisfy all kind of customers. The features of the product should be helpful to the customer in handling the product and to utilize the product to the optimum level. Price of the product, is also an important factor that makes the customer to choose the brand for their purchase. Even though there are some customer who are willing to buy the products that are available cheaper in the market, most of them are willing to pay a high price for a quality product. So, the cost of the product plays a vital role in selecting the product. Market leader, is the brand that leads the market in sales on the specific product category. A brand can become a leader when it satisfies all the customer expectations. To 12
  • 13. be in specific the market leader is the brand which has the maximum market share at present. We are identifying the market leadership because, to find out whether our product’s range, feature and price satisfies the customer’s taste and preference. So, if our brand leads the market in particular segment, that denotes that our marketing attributes of the product are accepted by the customers. 13
  • 14. 2.2 RESEARCH METHODOLOGY According to D.Slesinger and M.Stephenson in the encyclopedia of social sciences define research as “the manipulation of things, concepts or symbols for the purpose of generalizing to extent, correct or verify knowledge aids in construction of theory or in practice of an art. 2.2.1 Research design This study is also concerned with describing characteristics of particular individual / group narrating facts, where descriptive is concerned with specific predictions to determine the frequency with something else. It throws light on all the resources available for data. 2.2.2 Source of data To obtain the needed information for this study primary data and secondary data are used. The primary data was collected through formal questionnaire from the dealers and the secondary data from the present records. 2.2.3 Data collection method The researcher has done through questionnaire technique for collecting data 2.2.4 Sampling method A sample of elementary units that is being selected on the basis of personal judgment is called as non- probability sampling. In this project I used purposive sampling for my research work. Purposive sampling is the method of sampling by which a sample is drawn from a population based entirely on the personal judgment of the investigator. It is otherwise called as Judgment sampling or Deliberate sampling 2.2.6 Sample size Sample size refers to the number of items to be selected from the universe to constitute a sample. As it has suggested by the company 60 samples were taken for the purpose of the study. 14
  • 15. 2.2.7 Tools used for analysis  Percentage Analysis The percentage refers to a special kind of ratio. Percentage is used in making comparison between two or more series of data. Percentage is used to describe relationship. Percentage (%) = No. Of Respondents * 100 / Total Respondents.  Weighted average method When the relative importance of the different observations is not the same, we compute weighted average method. The team “weight stands for the relative importance of the different observations.  H – Test: This test is also known as Kruskal-Wallis Test that is used to test the null hypothesis. The H value is calculated and is compared with the tabulated value to test the hypothesis. The H value is calculated by, H = {[12N/(N+1)][R1²/N1+ R2²/N2+ R3²/N3+ R4²/N4]} – 3(N+1) Condition If the value of H > ψ² , Null hypothesis is rejected. If the value of H > ψ² , Alternative hypothesis is rejected. 15
  • 16. 3.1 DATA ANALYSIS AND INTERPRETATION 3.1.1. SEGMENT OF VIDEOCON WASHING MACHINE TABLE 3.1.1 SHOWING SEGMENT OF VIDEOCON WASHING MACHINE MOVES FASTER IN THE MARKET NUMBER OF PERCENTAGE PRODUCT TYPE DEALERS OF DEALERS SEMI AUTOMATIC 14 24% FULLY AUTOMATIC 46 76% 100 50 0 SEMI FULLY AUTO AUTO FIGURE 3.1.1 Inference From the above table it is evident that 76% of them are category fully auto, 24% of the respondents are in the semi auto. 16
  • 17. 3.1.2 SEGMENT OF VIDEOCON REFRIGERATOR MOVES FASTER IN THE MARKET TABLE 3.1.2 SHOWING SEGMENT OF VIDEOCON REFRIGERATOR MOVES FASTER IN THE MARKET NUMBER OF PERCENTAGE PRODUCT TYPE DEALERS OF DEALERS DIRECT COOL 50 84% FROST FREE 10 16% 100 50 0 DC FF FIGURE 3.1.2 Inference From the above table it is evident that, 84% of them are category of direct cool and 16% of the respondents are in the frost free 17
  • 18. 3.1.3 SEGMENT OF BRAND HAS STYLISH AND ATTRACTIVE EXTERIOR FINISH TABLE 3.1.3 SHOWING SEGMENT OF BRAND HAS STYLISH AND ATTRACTIVE EXTERIOR FINISH NUMBER OF PERCENTAGE OF BRAND DEALERS DEALERS SAMSUNG 35 58% LG 4 6% GODREJ 2 4% VIDEOCON 28 46% 70 58 60 50 46 40 30 20 10 6 4 0 SAMSUNG LG GODREJ WHIRLPOOL FIGURE 3.1.3 Inference From the above table it is evident that 58% of the respondents are in the Samsung, 46% of them are category of WHIRLPOOL 6% of them are category of LG, 4% of them are category of GODRE,. 18
  • 19. 3.1.4 SEGMENT OF DO YOU TRUST VIDEOCON TABLE 3.1.4 SHOWING SEGMENT OF DO YOU TRUST VIDEOCON NUMBER OF PERCENTAGE OF DESCRIPTION DEALERS DEALERS GOOD QUALITY 52 86% ECONOMICAL PRICING 2 4% ATTRACTIVE DESIGN 12 20% SERVICE 1 2% 100 90 86 80 70 60 50 40 30 20 20 10 4 2 0 QUALITY PRICE DESIGN SERVICE FIGURE 3.1.4 Inference From the above table it is evident that 86% of the respondents are in the QUALITY, 20% of them are category of DESIGN, 4% of them are category of PRICE, 2% of them are category of service 19
  • 20. 3.1.5 SEGMENT OF PRICING OF VIDEOCON PRODUCTS TABLE 3.1.5 SHOWING SEGMENT OF PRICING OF VIDEOCON PRODUCTS NUMBER OF PERCENTAGE OF DESCRIPTION DEALERS DEALERS LOWER THAN OTHER BRANDS 0 0% EQUAL TO OTHER BRANDS 7 12% HIGHER THAN OTHER BRANDS 53 88% 100 HIGHER, 88 80 60 40 20 EQUAL, 12 LOWER, 0 0 LOWER EQUAL HIGHER FIGURE 3.1.5 Inference From the above table it is evident that 88% of them are category of higher than other brands, 12% of them are category of equal to other brands, 0% of the respondents are in the lower than other brands 20
  • 21. 3.1.6 SEGMENT OF PROFIT MARGIN OF SELLING VIDEOCON PRODUCTS TABLE 3.1.6 SHOWING SEGMENT OF PROFIT MARGIN OF SELLING VIDEOCON PRODUCTS NUMBER OF PERCENTAGE OF DESCRIPTION DEALERS DEALERS VERY LOW THAN OTHER 0 0% BRANDS LOWER THAN OTHER BRANDS 26 43% EQUAL TO OTHER BRANDS 19 32% HIGHER THAN OTHER BRANDS 15 25% VERY HIGH THAN OTHER 0 0% BRANDS 60 40 20 0 FIGURE 3.1.6 Inference From the above table it is evident that43% of them are category of lower than other brands, 32% of them are category of equal to other brands, 25% of them are category of higher than other brands, 0% of the respondents are in the very lower than other brands, 0% of them are category of very higher than other brands 21
  • 22. 3.1.7 SEGMENT OF COMPANY GIVES YOU MORE PROMOTIONAL OFFERS TABLE 3.1.7 SHOWING SEGMENT OF COMPANY GIVES YOU MORE PROMOTIONAL OFFERS NUMBER OF PERCENTAGE OF BRAND DEALERS DEALERS SAMSUNG 23 38% LG 5 8% GODREJ 20 34% VIDEOCON 10 16% VIDEOCON 4 6% 40 38 34 35 30 25 20 16 15 10 8 6 5 0 SAMSUNG LG GODREJ WHIRLPOOL V.CON FIGURE 3.1.7 Inference From the above table it is evident that 38% of the respondents are in the Samsung, 34% of them are category of GODREJ, 16% of them are category of WHIIRLPOOL, 8% of them are category of LG, 6% of them are category of VIDEOCON. 22
  • 23. 3.1.8 SEGMENT OF DIRECT COOL REFRIGERATORS TABLE 3.1.8 SHOWING SEGMENT OF DIRECT COOL REFRIGERATORS POSITION OF PERCENTAGE OF NUMBER OF BRAND THE DEALERS DEALERS BRAND VIDEOCON I 50 84% SAMSUNG II 38 63% GODREJ III 30 50% LG IV 23 38% WHIRLPOOL 90 84 80 SAMSUNG 70 63 GODREJ 60 50 LG 50 38 40 30 20 10 0 I POSITION IN II POSITION III POSITION IV POSITION SALES IN SALES IN SALES IN SALES FIGURE 3.1.8 Inference From the above table it is evident that 84% of the respondents are in the WHIRLPOOL, 63% of them are category of SAMSUNG, 50% of them are category of GODREJ, 38% of them are category of LG. 23
  • 24. 3.1.9 SEGMENT OF FROST FREE REFRIGERATORS TABLE 3.1.9 SHOWING SEGMENT OF FROST FREE REFRIGERATORS POSITION OF PERCENTAGE OF NUMBER OF BRAND THE DEALERS DEALERS BRAND SAMSUNG I 37 62% VIDEOCON II 32 53% GODREJ III 19 31% LG IV 17 28% 70 SAMSUNG 62 WHIRLPOOL 60 53 50 GODREJ LG 40 31 28 30 20 10 0 I POSITION IN II POSITION IN III POSITION IN IV POSITION SALES SALES SALES IN SALES FIGURE 3.1.9 Inference From the above table it is evident that 62% of the respondents are in the SAMSUNG, 53% of them are category ofWHIRLPOOL,31 % of them are category of GODREJ, 28% of them are category of LG 24
  • 25. 3.1.10 SEGMENT OF SEMI AUTOMATIC WAHING MACHINES TABLE 3.1.10 SHOWING SEGMENT OF SEMI AUTOMATIC WAHING MACHINES POSITION OF PERCENTAGE OF NUMBER OF BRAND THE DEALERS DEALERS BRAND VIDEOCON I 36 60% SAMSUNG II 31 52% LG III 20 34% VIDEOCON IV 17 28% GODREJ V 14 24% WHIRLPOOL 70 60 SAMSUNG 60 52 50 LG 40 34 VIDEOCON GODREJ 28 30 24 20 10 0 I POSITION IN II POSITION IN III POSITION IN IV POSITION IN V POSITION IN SALES SALES SALES SALES SALES FIGURE 3.1.10 INFERENCE: From the above table it is evident that 60% of the respondents are in the wHIRLPOOL, 52% of them are category of SAMSUNG, 34% of them are category of LG, 28% of them are category of VIDEOCON, 24% of them are category GODREJ. 25
  • 26. 3.1.11 SEGMENT OF FULLY AUTOMATIC WAHING MACHINES TABLE 3.1.11 SHOWING SEGMENT OF FULLY AUTOMATIC WAHING MACHINES POSITION NUMBER PERCENTAGE BRAND OF THE OF OF BRAND DEALERS DEALERS VIDEOCON I 44 74% SAMSUNG II 36 60% IFB III 31 52% LG IV 22 36% GODREJ V 16 26% WHIRLPOOL 80 74 SAMSUNG 70 60 IFB 60 52 50 LG 40 36 GODREJ 30 26 20 10 0 I POSITION II POSITION III POSITION IV POSITION V POSITION IN SALES IN SALES IN SALES IN SALES IN SALES FIGURE 3.1.11 INFERENCE: From the above table it is evident that 74% of the respondents are in the WHIRLPOOL, 60% of them are category of SAMSUNG, 52% of them are category of IFB , 36% of them are category of , 26% of LG them are category of GODREJ. 26
  • 27. 3.1.12 SEGMENT OF PREFERENCE OF VIDEOCON TABLE 3.1.12 SHOWING SEGMENT OF PREFERENCE OF VIDEOCON Particulars Respondents Percentage (%) Brand Name 40 67% Quality 20 33% 80 60 40 Respondents 20 0 FIGURE 3.1.12 Inference From the above table it is evident that 67% of the respondents are in the brand name, 33% of them are category of quality. 27
  • 28. 3.1.13 SEGMENT OF VIDEOCON PRODUCT WHICH WILL BE SUGGESTED FOR BUYING TABLE 3.1.13 SHOWING SEGMENT OF VIDEOCON PRODUCT WHICH WILL BE SUGGESTED FOR BUYING Products Respondents Percentage Washing machine 15 25% TV 20 33% Refrigerator 10 17% Microwave oven 5 8% Air conditioner 10 17% 30 20 10 0 Washing TV machine Refrigerator Microwave oven FIGURE 3.1.13 Inference From the above table it is evident that 33% of them are category of TV ,25% of the respondents are in the washing machine, , 17% of them are category of Refrigerator, 17% of them are category of Air conditioner 8% of them are category of micro oven,. 28
  • 29. 3.1.14 SEGMENT OF PRODUCT COMES TO MIND ON THE HEARING THE NAME VIDEOCON TABLE 3.1.14 SHOWING SEGMENT OF PRODUCT COMES TO MIND ON THE HEARING THE NAME VIDEOCON Product Respondent Percentage Washing machine 10 17 TV 30 50 Refrigerator 15 25 Microwave oven 5 8 60 40 20 0 FIGURE 3.1.14 Inference From the above table it is evident that 50 % of them are category of Tv,25% of them are category of Refrigerator,17% of the respondents are in the washing machine, , 8% of them are category of micro oven. 29
  • 30. 3.1.15 SEGMENT OF TV BRAND YOU PREFER THE MOST TABLE 3.1.15 SHOWING SEGMENT OF TV BRAND YOU PREFER THE MOST Particulars Respondents Percentage Lg 5 8 Samsung 20 33 Panasonic 5 8 Philips 3 5 35 30 25 20 15 10 5 0 Lg Samsung Panasonic Philips FIGURE 3.1.15 Inference From the above table it is evident that 33% of them are category of Samsung ,8% of the respondents are in the LG, 8% of them are category of Panasonic, 8% of them are category of Philips. 30
  • 31. 3.1.16 SEGMENT OF PREFERENCE OF A/C MOST TABLE 3.1.16 SHOWING SEGMENT OF PREFERENCE OF A/C MOST Products Respondents Percentage LG 10 17 Samsung 20 33 Videocon 5 8 Voltas 25 42 50 40 33 42 30 17 20 10 8 0 Lg Samsung Videocon Voltas FIGURE 3.1.16 Inference From the above table it is evident that 42% of them are category of VOLTAS, 33% of them are category of SAMSUNG 17% of the respondents are in the LG, 8% of them are category of VIDEOCON. 31
  • 32. 3.1.17 SEGMENT OF PREFERENCE OF TV BRAND MOST TABLE 3.1.17 SHOWING SEGMENT OF PREFERENCE OF TV BRAND MOST Products Respondents Percentage (%) LG 20 33% Samsung 10 17% Videocon 10 17% Whirlpool 20 33% Chart Title 35 30 25 Axis Title 20 15 10 5 0 Lg Samsung Videocon Whirlpool 33 17 17 33 FIGURE 3.1.17 Inference From the above table it is evident that 33% of the respondents are in the LG, 33% of them are category whirlpool, 17% of them are category of Samsung, 17% of them are category of Videocon. 32
  • 33. 3.1.18 SEGMENT OF PREFERENCE OF MICROWAVE BRAND THE MOST TABLE 3.1.18 SHOWING SEGMENT OF PREFERENCE OF MICROWAVE BRAND THE MOST Products Respondents Percentage LG 20 33 Samsung 10 18 Videocon 5 8 Whirlpool 5 8 Ken Star 20 33 35 30 25 20 15 10 5 0 Lg Samsung Videocon Whirlpool FIGURE 3.1.18 Inference From the above table it is evident that 33% of the respondents are in the LG, 33% of them are category of SAMSUNG,18 % of them are category of VIDEOCON, 8% of them are category of WHIRLPOOL 8% 33
  • 34. 3.1.19 SEGMENT OF PROMOTION ATTRACTS YOU TOWARDS THE VIDEOCON TABLE 3.1.19 SHOWING SEGMENT OF PROMOTION ATTRACTS YOU TOWARDS THE VIDEOCON Products Respondents Percentage Advertisement 20 33 Brand Name 18 30 Logo 12 20 Offers 10 17 33 35 30 30 25 20 20 15 17 10 5 0 Advertisement Brand Name Logo Offers FIGURE 3.1.19 Inference From the above table it is evident that 33% of them are category of Offers , 30% of them are category of brand name , 20% of them are category of Logo ,17% of the respondents are in the advertisement. 34
  • 35. 3.1.20 SEGMENT OF FEEL WHILE USING THE VIDEOCON PRODUCT TABLE 3.1.20 SHOWING SEGMENT OF FEEL WHILE USING THE VIDEOCON PRODUCT Particulars Respondents Percentage Status symbol 28 46 Pride 22 37 Feeling ok 10 17 50 45 40 35 30 25 20 15 10 5 0 Status symbol Pride Feeling ok FIGURE 3.1.20 Inference From the above table it is evident that 46% of the respondents are in the status symbol, 37% of them are category pride of them are category of feeling ok 17% of them. 35
  • 36. 3.1.21 SEGMENT OF ADVERTISEMENTS MAKE YOU TO BUY THE VIDEOCON PRODUCTS TABLE 3.1.21 SHOWING SEGMENT OF ADVERTISEMENTS MAKE YOU TO BUY THE VIDEOCON PRODUCTS Option Respondents Percentage Yes 38 63 No 22 37 70 63 60 50 37 40 30 20 10 0 0 0 Yes No FIGURE 3.1.21 Inference From the above table it is evident that 63% yes and 37% no. 36
  • 37. TESTING THE DATA USING KRUSKAL – WALLIS OR H - TEST TABLE SHOWING THE PERCENTAGE OF SALES ON DIFFERENT CONSUMER PRODUCTS OF VARIOUS BRANDS FULLY DIRECT COOL FROST FREE SEMI AUTO AUTO REFRIGERATOR REFRIGERATOR WASHERS WASHERS VIDEOCON 84 53 60 74 SAMSUNG 63 62 52 60 LG 38 28 34 36 GODREJ 50 31 24 26 NULL HYPOTHESIS (H) : There is no significant difference in the sales of the different brand’s products. ALTERNATIVE HYPOTHESIS (H*) : There is significant difference in the sales of the different brand’s products. N = N1+N2+N3+N4 ; where N1,N2,N3&N4 are number of product segments in each brand =4+4+4+4 = 16. Arranging these percentages in ascending order of magnitude and assigning appropriate ranks, we have 37
  • 38. Table of Ranks Percentag 2 2 2 3 3 3 3 5 5 5 6 6 7 8 60 60 e 4 6 8 1 4 6 8 0 2 3 2 3 4 4 Ranks 1 11. 11. 1 1 1 1 1 2 3 4 5 6 7 8 9 0 5 5 3 4 5 6 Sum of Ranks VIDEOCON 16 10 11.5 15 52.5 =R1 SAMSUNG 14 13 9 11.5 47.5 =R2 LG 7 3 5 6 21=R3 GODREJ 8 4 1 2 15 =R4 H = {[12N/(N+1)][R1²/N1+ R2²/N2+ R3²/N3+ R4²/N4]} – 3(N+1) Substituting the values of N, N1,N2,N3&N4 and R1,R2,R3&R4 we get, H = {[12*16/(16+1)][52.5²/4 + 47.5²/4 + 21²/4 +15²/4]} – 3(16+1) H = 11.63 Degrees of freedom = k-1 = 4-1 = 3 Level of significance: α = 0.05 The value of ψ² for 3 degrees of freedom and at α = 0.05 is 7.81 38
  • 39. Condition If the value of H > ψ² , Null hypothesis is rejected. If the value of H > ψ² , Alternative hypothesis is rejected. Since the value of H > ψ² , Null hypothesis is rejected and Alternative hypothesis is accepted. Inference Therefore, there is significant difference in the sales of the different brand’s products. 39
  • 40. TESTING USING WEIGHTED AVERAGE METHOD DESCRIPTION NUMBER OF DEALERS VERY HIGH THAN OTHER BRANDS 5 HIGHER THAN OTHER BRANDS 15 EQUAL TO OTHER BRANDS 14 LOWER THAN OTHER BRANDS 24 VERY LOW THAN OTHER BRANDS 2 TOTAL 60 Rank I II III IV V Weightage 4 2 3 1 5 Weighted Average Method: Xw = wixi / wi ; Where, Wi = Weightage of the ith item x Xi = Value of the ith item x Calculation: wixi = 0 * 5+ 15*4 + 19*3+ 20*2 + 0*1 wixi =157 wixi / wi = 157/60 =2.61 Average = 2.61 40
  • 41. AVD Scale: (2.61) Lower Than Other Brands Very High Very low Profit Margin 5 4 3 2 1 Profit Margin Interpretation From the ranking method it is observed that most of the retailer ranked lower than other brands among all the above said factors. RESULT RANK 1: Lower than other brands RANK 2: Higher than other brands RANK 3: Equal to other brands RANK 4: Very high than other brands RANK 5: Very low than other brands 41
  • 42. 3.2 FINDINGS From the Survey it is found that 76% of them are category fully auto, 24% of the respondents are in the semi auto. From the Survey it is found that 84% of them are category of direct cool and 16% of the respondents are in the frost free From the Survey it is found that 58% of the respondents are in the Samsung, 46% of them are category of WHIRLPOOL 6% of them are category of LG, 4% of them are category of GODREJ,. From the Survey it is found that 86% of the respondents are in the QUALITY, 20% of them are category of DESIGN, 4% of them are category of PRICE, 2% of them are category of service From the Survey it is found that 88% of them are category of higher than other brands, 12% of them are category of equal to other brands, 0% of the respondents are in the lower than other brands From the Survey it is found that 38% of the respondents are in the Samsung, 34% of them are category of GODREJ, 16% of them are category of WHIIRLPOOL, 8% of them are category of LG, 6% of them are category of VIDEOCON. From the Survey it is found that 84% of the respondents are in the WHIRLPOOL, 63% of them are category of SAMSUNG, 50% of them are category of GODREJ, 38% of them are category of LG. From the Survey it is found that 62% of the respondents are in the SAMSUNG, 53% of them are category ofWHIRLPOOL,31 % of them are category of GODREJ, 28% of them are category of LG 42
  • 43. From the Survey it is found that 60% of the respondents are in the whirlpool, 52% of them are category of SAMSUNG, 34% of them are category of LG, 28% of them are category of VIDEOCON, 24% of them are category GODREJ From the Survey it is found that 74% of the respondents are in the WHIRLPOOL, 60% of them are category of SAMSUNG, 52% of them are category of IFB , 36% of them are category of , 26% of LG them are category of GODREJ. From the Survey it is found that 67% of the respondents are in the brand name, 33% of them are category of quality. From the Survey it is found that 33% of them are category of TV ,25% of the respondents are in the washing machine, , 17% of them are category of Refrigerator, 17% of them are category of Air conditioner 8% of them are category of micro oven,. From the Survey it is found that 50 % of them are category of Tv,25% of them are category of Refrigerator,17% of the respondents are in the washing machine, , 8% of them are category of micro oven. From the Survey it is found that 33% of them are category of Samsung ,8% of the respondents are in the LG, 8% of them are category of Panasonic, 8% of them are category of Philips. From the Survey it is found that 42% of them are category of VOLTAS, 33% of them are category of SAMSUNG 17% of the respondents are in the LG, 8% of them are category of VIDEOCON. From the Survey it is found that 33% of the respondents are in the LG, 33% of them are category whirlpool, 17% of them are category of Samsung, 17% of them are category of Videocon. 43
  • 44. From the Survey it is found that 33% of the respondents are in the LG, 33% of them are category of SAMSUNG,18 % of them are category of VIDEOCON, 8% of them are category of WHIRLPOOL 8% From the Survey it is found that 33% of them are category of Offers, 30% of them are category of brand name , 20% of them are category of Logo ,17% of the respondents are in the advertisement. From the Survey it is found that 46% of the respondents are in the status symbol, 37% of them are category pride of them are category of feeling ok 17% of them. 44
  • 45. 3.3 SUGGESIONS 1. Videocon is lagging the leader ship in Frost free segment with a small percentage difference and this can be overcome by producing the products in more number of colors and features 2. The stock availability of the fast moving segments should be increased, as there is a high demand for the products. 3. The commission for the dealers can be re-considered, to improve the sales. 4. The company is lagging in providing the promotional offers such as exchange offers and discount sales. So, these kinds of offers can be provided as the competitors coming other brands. 5. The Frost free refrigerator’s can be redesigned and can come out with further new models. 45
  • 46. 3.4 CONCLUSION This project work was done to “compare the marketing attributes of home appliances made by different manufacturers and to identify the market leading positions”. This project has helped me to add my knowledge about the marketing attributes required for the product in the home appliances industry. The study was conducted among the identified dealers around Chennai. It is observed that the company has good market leadership and it will be retained in future. This project has attained the objectives for which it was started. The results of this project give a new dimension for the company for improving the features and range of products and for identifying their present market position. Therefore, I conclude that Videocon plays very well in market with certain products and remaining products which is not demanded more compare to other product has to be redesign or more promotional activity should be carried out . 46
  • 47. ANNEXURE ------VIDEOCON INDUSTRIES------ QUESTIONNAIRE Hello! I am A.vikram, doing M.B.A final year in MEENAKSHI COLLEGE OF ENGINEERING and am required to submit project . For the purpose, I am conducting the survey. Will you please take a few minutes to answer some questions? I assure you that your answers would be kept confidential. PERSONAL DETAILS: Name - _________________ Age -  15-25  25-35  35-50 Gender -  Male  Female Occupation -  Student  Housewife  Business  Service Salary - >10000 10000 – 20000 20000 – 30000 >30000 1. Which brands refrigerator and washing machines do you deal with?  LG  Godrej  Whirlpool  IFB  Videocon  Haier  Tcl  Samsung 47
  • 48. 2. Rank the brands as per the highest sales in direct cool (single door) refrigerators? (1- Strongly Agree, 2- Agree, 3-Neutral, 4-Disagree, 5- Strongly Disagree.)  Samsung 1 2 3 4 5 ………………….........................  Lg 1 2 3 4 5 ………………….........................  Whirlpool 1 2 3 4 5 ………………….........................  Godrej 1 2 3 4 5 ………………….........................  Videocon 1 2 3 4 5 …………………......................... 3. Rank the brands as per the highest sales in frost free (double door) refrigerators? (1- Strongly Agree, 2- Agree, 3-Neutral, 4-Disagree, 5- Strongly Disagree.)  Samsung 1 2 3 4 5 ………………….........................  Lg 1 2 3 4 5 ………………….........................  Whirlpool 1 2 3 4 5 ………………….........................  Godrej 1 2 3 4 5 ………………….........................  Videocon 1 2 3 4 5 …………………......................... 4. Rank the brands as per the highest sales in semi - automatic washing machines? (1- Strongly Agree, 2- Agree, 3-Neutral, 4-Disagree, 5- Strongly Disagree.)  Samsung 1 2 3 4 5 ………………….........................  Lg 1 2 3 4 5 ………………….........................  Whirlpool 1 2 3 4 5 ………………….........................  Godrej 1 2 3 4 5 ………………….........................  Videocon 1 2 3 4 5 …………………......................... 48
  • 49. 5. Rank the brands as per the highest sales in fully automatic washing machines? (1- Strongly Agree, 2- Agree, 3-Neutral, 4-Disagree, 5- Strongly Disagree.)  Samsung 1 2 3 4 5 ………………….........................  Lg 1 2 3 4 5 ………………….........................  Videocon 1 2 3 4 5 ………………….........................  Godrej 1 2 3 4 5 ………………….........................  Ifb 1 2 3 4 5 …………………......................... 6. Which type of refrigerators in Videocon moves faster in the market?  Direct cool (single door) refrigerators  Frost free (double door) refrigerators 7. Which type of washing machines in Videocon moves faster in the market?  Semi - automatic washing machines  Fully automatic washing machines 8. Which brand has stylish and attractive exterior finish?  Samsung  Lg  Godrej  Videocon 49
  • 50. 9. How is the profit margin in selling Videocon products?  Very low than other brands  Lower than other brands  Equal to other brands  Higher than other brands  Very high than other brands 10. Why do you trust Videocon?  Good quality  Economical pricing  Attractive designs  Others………………………. 11. Which company gives you more promotional offers?  Samsung  Lg  Whirlpool  Godrej  Videocon 50
  • 51. 12. What do you prefer to Videocon? (Tick any 1)  Brand Name  Quality 13. Which product in Videocon you would suggest to customers for buy the most?  Washing Machine  TV  Refrigerator  Microwave Oven  Air Conditioner 14. Which product of Videocon comes to your mind on the hearing the name Videocon? Washing Machine  TV  Refrigerator  Microwave Oven  Others Specify …………………………. 16. Which TV brand you prefer the most?  Lg  Samsung  Panasonic  Philips  Videocon  Sony 51
  • 52. 17. Which brand A/C you prefer the most?  Lg  Samsung  Videocon  Voltas 18. Which brand refrigerator you prefer the most?  Whirlpool  Videocon  Samsung  Lg 19. Which brand microwave oven prefer the most?  Ken Star  Whirlpool  Samsung  Lg  Videocon 20. Which promotion attracts you towards the Videocon?  Advertisement  Brand Name  Logo  Offers 52
  • 53. 21. How do you feel while using the Videocon product?  As a status symbol  As a pride  Just feeling ok  Others Specify ……………………. 22. Do advertisements make you to buy the Videocon products?  Yes  No 53
  • 54. BIBILOGRAPHY Referred books: 1. Marketing management by philip kotler 11th edition, pearson education. 2. Statistics for management by dr.p.n.arora , s.chand & cof ltd. Websites: 1. http://ae.lgworld.com/web.main.dev 2. http://papers.ssrn.com 3. http://www.articledashboard.com/Article 4. www.marketresearch.com 5. http://www.moneycontrol.com/india/stockpricequote 54