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BACHELOR OF BUSINESS
ADMINISTRATION (BBA)
Submitted by
Abhay singh
1408006185
Ajay kaundal
August, 2018
BONAFIDE CERTIFICATE
Certify that this project report titled “Limitaions of the study” is the
bonafide work of “Abhay singh” who carried out the project work under my
supervision in the partial fulfillment of the requirements for the award of the
MBA degree.
Ajay Kaundal
MBAHP0546
DECLARATION BY THE STUDENT
I Abhay Singh bearing Reg. No. 140800615 hereby declare that the Project
entitled “Distribution Mapping and Dealer Satisfaction Survey for
Nokia Mobile Phones at New Delhi and Gurugram” has been prepared by
me towards the partial fulfillment of requirement of Bachelor of Business
Administration (BBA) Degree under the guidance of Mr Ajay kaundal
I also declare that this project report is my original work and has not Benn
previously submitted for the award of any Degree, Diploma, Fellowship, or
other similar titles.
Date: 23/08/2018
ABHAY SIGH
1408006185
ACKNOWLEDGEMENT
I acknowledge the help and cooperation received from all the faculty members
of Nokia. Several colleagues and students have contributed directly and
indirectly to the contents of this project, as they had given me numerous ideas.
Their criticism gave me the much-needed hints about the areas that needed
elaboration and amendments and also to present them with greater clarity.
Thanking you!
Abhay Singh
1408006185
INDEX
Topics Page
No.
1. Introd
uction
And
objec
tives
4
company Nokia 5
2. Nokia
in
India
7
3. SWOT
Analy
sis
9
4. Resea
rch
metth
odolo
gy 10
5. Mark
eting
Strate
gy 12
5.1 Product 13
5.2 Pricing 16
5.3 Place 18
5.4 Promotion 21
6. Produ
ct Life
Cycle
27
7. Concl
usion
30
8. Reco
mme
ndati
on
9. Limita
tions
10. bibilio
graph
y
PREFACE
But is some how to implement them with in the through of the actual
Phones at New Delhi and Gurugram.”. For this I have conducted the survey
Nokia
Day by day, mobile phones are turning into more of necessity then a
luxury. The benefits of the mobile phone are far too many. Ease of
communication, the anywhere, anytime contact - with friends,
relations, colleagues and in theory at least the efficiency brought to
busy lives (Web 21). Nokia’s growth in India has been substantial.
They have led the market with 70% share for long time now. What is
interesting is that there is further scope of improvement in sales. It is
a high technology market and India being developing country, will
see more and more subscribers to this technology in the future.
This research aims at Distribution Mapping and Dealer Satisfaction
Survey for Nokia Mobile Phones at New Delhi and Gurugram.
Secondary Objectives:
About Nokia
Nokia also began developing mobile phones for the NMT network;
unfortunately, the company ran afoul of serious financial problems in the
1990s and streamlined its manufacturing of mobile phones, mobile
phone infrastructure, and other telecommunications areas, divesting
itself of other items, such as televisions and personal computers. In 2004,
Nokia resorted to similar streamlining practices with layoffs and
organizational restructuring, although on a significantly smaller scale.
Recently, Nokia joined other mobile phone manufacturers to embrace
Taiwanese Original Device Manufacturers.
Nokia’s Vision:
Their ‘Connecting People’ tagline states their vision to create a
world where everybody is connected every moment, everywhere and
at any time. Their goal is to build great mobile products that enable
billions of people worldwide to enjoy more of what life has to offer.
Their challenge is to achieve this in an increasingly dynamic and
competitive environment.
Nokia in India
After collect all the data and it shows that Nokia’s distribution
mapping strategy is very helpful for them to spread their business in
different areas and dealer of Nokia is very happy to sale their
products in very large quantity. That’s why Nokia again spread their
business and show their power in Mobile phone market.
At the end I will show all the data and description report in my
project work. It is really very helpful for me to understand Nokia in
Indian market.
TYPES OF RESEARCH:
To accomplish the objective of the study, descriptive research
design is adopted to collect the data from the consumers of the
different brands. Descriptive research simply describes things such as
demography characteristics of consumers who use the product. The
descriptive study is typically concerned with determining frequency
with which same thing occurs. This study is typically guided by initial
hypothesis.
a) Through observations
c) Through questionnaires
Secondary Data:
The secondary data is collected from various sources
available with in the organization like,
c) Library books
d)Internet
e)Annual reports
SAMPLING:
“Sampling may be defined as the selection of an aggregate or
totally on the basis of which a judgment of reference about the
aggregate of totally is made. “Sampling is used in conducting
surveys and in studying various problems concerning production
management, time and motion studies, market research, various
areas of accounting and finance and the like.
Sample size:
For the project 50 customers were taken into consideration
and they were selected on the random basis.
Method of sampling:
The method of sampling, which selected, is “non probability
convenience sampling “. In this method the sample insights are
chosen primarily on basis of my convenience.
The sample technique adopted for carrying out the survey is
stratified random.
STATISTICAL TOOLS:
Statistical techniques are to obtain findings and average
information in logical sequence from the raw data collected. After
tabulation of data research have used the following quantitative
technique.
Percentage analysis
Charts
PERCENTAGE ANALYSIS
Percentage refers to special kind of ratio. This method is used
as making comparsion between two or more services of data.
Persenatage are used to decidable relationship. Persentage can also
used to compare thge relative terries, the distribution of two or
more services of data
CHARTS
Bar charts and pie charts are used to get a clear look at the
tabulated data.
SWOT Analysis
Strengths:
Experience – 142 years of History
Strong Financial Support for R&D
Largest Network of Selling and Distribution
Strong Customer Relation
Wide Range of Product for all class
High Resale Value compared to other competitors
Durability
Long Battery Life
User Friendly
Global Expansion
Weakness:
NGage is a flop
Low Voice Quality
Less Stylish in low priced products.
Heavy Sets
Market Skimming Prices of High Sets
Unlike I-Phone, N97 is complex, tough and not user friendly.
Opportunities:
Increase their presence in the CDMA market, is still dominated
by LG, also concentrate on 3G and Edge
New growth markets where cell phone adoption still has room
to go, including India and other countries.
Other Hand Held Devices
Improvise on Quality of Camera
Mini Notebooks
Threats:
China Mobiles – it has made exact copy of Nokia N96
Cheap and Wide Range Models from Motorola
I-phone Apple – A fierce competitor for Nokia N97.
Marketing Strategy
PRODUCT:
PRICING:
Pricing of the phones was of prime importance for success in India.
Being a developing country, the purchasing power of the people was
not high as compared to other developed countries. Research
unveiled that phones of lower price range (below Rs8000 or $200
approx.) amounted for 65% of the total sales in India. Nokia
depended majorly on rural market, therefore, pricing was a major
success factor for the company. Nokia did achieve success in India, in
spite of the fact, that its handsets were not the cheapest in the
market.
Nokia 1100, which was specially launched for India, was priced
at Rs. 4000. This price, although was at a premium as compared to
entry level phones, but was enhanced with several special features
which were not available in other phones of the same price. The
head of marketing at Nokia India, Sanjay Behl said, “The phone is a
combination of product benefits and pricing” (Web 14). This model
further became the best selling model ever in India. It also increased
the brand preference of Nokia from 66% to 77% within 9 months of
its launch. This show how nature of Indian consumer is value
sensitive. The major strategical move by Nokia in this regard was that
it charged a lower price in India than most of other countries for the
same model.
PLACE:
Mobile phones in India are considered as to be consumer durable,
hence they are not just sold through exclusive telecom retailers but
also through general retailers. Nokia designed modelled its
distribution strategy on lines of FMCG business.
An important reason for the success of mobile phones in India
was limited reach of the landline phones in several parts of the
country. By mid 2005 the mobile phone sales in smaller towns and
cities was higher than those of the metropolitans. The sales in these
urban markets were beginning to saturate. The distribution in these
small towns called for non traditional channels. Nokia strengthened
their distribution network, and selected distributors from FMCG line
or experience holders for durables or automobiles. In fact, about a
fifth of the mobile phone sales in India were consumer durables or
service providers’ shops.
In 1995, Nokia tied up with HCL Infinet for sales and
distribution of its phones and appointed them as Nokia distributor
for GSM handsets in India. HCL Infinet provided a complete range of
Nokia’s GSM mobile phones, data products and mobile services. The
retail network they developed was very strong and dedicated. They
came up with Nokia Professional Centres (NPCs), Nokia Priority
Dealers (NPDs) and redistribution stockiest all over India. NPCs were
one stop shops for the complete range of Nokia mobile phones,
batteries,
chargers, accessories, covers, hands free kits and car kits amongst
others. It also provided the after sales services for Nokia’s handsets.
NPCs were multi brand retails outlets with 60% of their area
dedicated to Nokia. While redistribution stockists were for supplying
handsets across India.
HCL also came with Nokia Care Centres (NCCs) for providing
solutions to mobile related problems. These were spread all over the
country and provided phone repairing software up-gradation
services. They also displayed complete range mobile phones, data
products and complete mobile phones accessories.
Another effective concept that Nokia up with in 2005, was
that of Nokia Concept Store in Bangalore in south India. It was
located in the city centre, MG Road. “This concept store is being set
up with an objective to provide Indian consumer with a truly
enhanced mobility experience through its cast and exciting range of
Nokia products and mobile accessories. We are keen to lead a unique
mobile retailing experience for consumers through these touch
points” Sanjay Behl, Head Marketing, Nokia India (Web 15). Details as
per Nokia website are given below.
Nokia Concept Store in Bangalore was the country's first
concept store in India to provide customers a complete experiential
mobile experience. The store measures approximately 2,000 square
feet and is designed to reflect the design ethic of the Nokia brand.
The layout and design of the store follows the same pattern as Nokia
Concept Stores around the world to guarantee an easy and
informative shopping experience. With a simple-to-navigate setup,
open doorways and low-glare lighting, the store provides a relaxed
and satisfying customer experience. The high-tech display terminals
and dedicated areas for Imaging, Smart, Multimedia, Business and
Entry phones make it easy for the public to keep up to date on the
latest technologies and trends in the mobile industry.
Nokia today has eight Nokia 'Concept stores' in Bangalore,
Delhi, Jaipur, Hyderabad, Chandigarh, Ludhiana, Chennai and Indore”
(Web 12).
Nokia kept its promise of enhancing the mobile experience of its
customers. In October 2007, they launched the first 'global format'
Nokia Concept Store in Western India at Indore. The state-of-the-art
Nokia Concept Store will provide mobile phone consumers in Indore
a world class interactive and informative shopping experience,
allowing them to get a first-hand experience before making a
purchase decision.
Nokia’s vast distribution network covered almost every city or town
where mobile network was available.
PROMOTION:
Nokia entered India with one for mobile services to start, and had to
establish its non-popular brand. To build credentials the company
used both print and television campaigns. In the early days, print
media concentrated on Nokia’s status, global R&D and international
awards won to establish brand awareness. Even after the market
grew, Nokia’s advertisements concentrated on product attributes.
Gaining acceptance of Indian consumer is not as simple as other
countries. India is a multicultural country, where people have strong
believe in their mythology, nationality and cultures and to add to it,
their purchasing power was not as high as other countries where
Nokia was operating. Hence, to achieve approval of the mobile
consumers in India, Nokia decided to localize its products heavily. For
the purpose of developing the products specifically for markets with
high population and low penetration, Nokia developed a team called
Mobile Entry Business Unit.
Until 2003, Nokia used all their international advertisements
with slight modifications in India. For instance, the advertisement for
NGAGE showed two young persons getting bored stuck in traffic jam
and then they show them combat with super natural powers. It
showed how NGAGE could help them pass their time. But it did not
have a very good affect on the Indian audience as they could not
relate themselves to the people over there. There was needed to
make special advertisements for India.
Nokia India marked its special presence in advertisement world with
‘Made for India’ ad campaign on the launch of Nokia 1100 . This was
the fourth advertisement created in India but created maximum stir
in the industry. The advertisement showed that the Nokia 1100 was
launched first in India and addressed all the concerns of Indian
consumers. The advertisement made a clear deviation from hitherto
hip urban-focused advertisements that Nokia are known for. It aimed
at highlighting the broad appeal of mobile phones across all socio-
economic segments of India. The aim was to highlight Nokia’s Indian
image.
Analysts believed that Nokia would lose the top end consumers
who attached lot of importance to mobile phones as a style
statement. Sanjeev Sharma, Managing Director, Nokia Mobile Phones
India, said “No, not in the least does the latest piece o
communication create dissonance in the minds of consumers with
regard to Nokia’s brand image. The technology driven ads have
created a rub-off on the entire Nokia range. And fashion and lifestyle
products create a desire at all levels, be it the first-time urban or rural
user.” (Dixit, 2004). The advertisement was a success, and Nokia 1100
went on to become best seller not just in India but also worldwide.
The major reason for handset was, Nokia was expecting exponential
growth in small towns and rural areas. The company planned to build
brand loyalty amongst this segment.
They conducted research to get to know the needs and concerns of
the users of this segment. As Sanjeev Sharma said, “One of the things
we found out was that the torch is of high value. Besides that a major
concern was dust… People feared that dust might penetrate through
the gaps of their keypad, and that explains the extensive use of
handset covers in India. Another major concern was the grip of the
phone, because of the climatic conditions in this country people
usually have sweaty palms, and therefore the, what if the handset
slips?”
Nokia ran a digital and radio campaign for about four weeks inviting
the twins in the city to launch the new Nokia dual SIM phones and
become Nokia’s Brand Ambassadors for a day. The festival saw the
presence of twins aged between 15 months to 48 years enjoying
themselves as they participated in games and various fun activities
organized by Nokia. The event was especially designed and themed
around ‘the twin power’.
PRODUCT LIFE CYCLE OF NOKIA PRODUCTS
CONCLUSION:
With the launch of Nokia in the Indian Market it followed an
aggressive marketing campaign through constant
advertisements on television and newspapers. Its tag line
“Connecting People” states connecting people near and far in
various geographical locations with the help of a Nokia mobile.
An impressive strategy by Nokia was to flood the Indian mobile
market with various mobile models so that Indian mobile
enthusiasts can find mobile handsets which suit their
requirements and life style. With the help of this strategy Nokia
captured the Indian market and became the household name
and one of the most preferred brands in the country. Unique
Taglines of Nokia mobiles
I – capture moments – first Nokia handset 7650i to feature
camera, “I” referred to camera
Made in India – used for the handset Nokia 1100 and this was
the first mobile to feature a torch on a mobile’s top the
advertising strategy was aimed at the low end consumer
Mobile Phones no longer for talking – this campaign was used
for the re-launch of handset Nokia 6600 it simply defined all
gaps mobiles have bridged in terms of technology
advancements, distance coverage and entertainment and
conveyed that mobiles are no longer a device only to talk.
A New Life – this was used for Nokia N series (handsets) and
became an instant hit
5. Even though enough care was taken to make research error-free some
errors may have crept in.
6. Non-availability of the consumers at the time when the survey was
conducted
10.Access to all the records and files of the company were not possible at
all the times.
11.Interaction with higher-level officials was limited due to their very busy
schedules.
RECOMMENDATIONS:
I have found out some areas where Nokia should emphasise more so
that it continues to be the market leader and have an edge over its
competitors. These include further focus on –
1) Product competitiveness: -
The products of Nokia should be superior or at least at par with the
competitors’ regarding technology, designing and features etc.
2) Customer satisfaction: -
Nokia should come up with more value added products and effective
after-sales services i.e., service centres should be well-equipped to
handle customer concerns and there should be proper co-ordination
between them. It should focus on customization to gain
greater customer satisfaction.
BIBLIOGRAPHY
Reference Books
Business World
Business Today
The Financial Express
The Times of India
The Hindu
Search Engines
www.Nokia.in