Escolar Documentos
Profissional Documentos
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A PROJECT REPORT
Faculty of Commerce
DECLARATION
No. 082024 hereby declare that the Industrial Project Report titled
Bansal
B.Com Student
Faculty of Commerce
3
CERTIFICATE
ACKNOWLEDGEMENT
I express the deep sense of gratitude and appreciate the kindness of the people,
included in the sample, without their cooperation, it would have been impossible to
collect data. I am also thankful to the library staff of the faculty of Commerce and
central library of DEI, for furnishing necessary information time-to-time and
making the literature related to the field, available to me. I am also thankful to my
family and friends for supporting me in making of this project report.
Gaurav Bansal
5
Table Of Contents
6
Chapter Contents Page
Number number
1. CHAPTER 1: - INTRODUCTION & BACKGROUND (8-14)
• Introduction To Marketing
• Promotional Strategies
• Introduction To Videocon
• Research Methodology
2. CHAPTER 2 : REVIEW OF LITERATURE (16-18)
• Findings
• Suggestions
• Conclusions
6. ANNEXURE (45-51)
• Customer’s Questionnaire
• Dealer’s Questionnaire
• References
• Bibliography
7
CHAPTER-1
8
INTRODUCTION &
BACKGROUND
INTRODUCTION TO MARKETING
markets and overcapacities in the last 2-3 centuries. The adoption of marketing strategies
requires businesses to shift their focus from production to the perceived needs and wants
of their customers as the means of staying profitable. The term marketing concept holds
that achieving organizational goals depends on knowing the needs and wants of target
markets and delivering the desired satisfactions. It proposes that in order to satisfy its
organizational objectives, an organization should anticipate the needs and wants of
consumers and satisfy these more effectively than competitors. [1]
3. PLACE: - Place includes all those activities which makes product available to
the target consumers.
PROMOTIONAL STRATEGIES
Effective product strategies for a business may include concentrating on a narrow
product line, developing a highly specialized product containing an unusual amount of
service. Promotion is a communicating tool of marketing mix to change the attitude and
behavior of consumer.
INTRODUCTION OF VIDEOCON
The history of Indian Television dates back to the launch of Doordarshan, the country’s
national television network in 1959 when the transmission was in black & white. The 9 th
Asian games which were held in 1982 in the country’s capital New Delhi heralded the
mark of colour television broadcast in India.
Videocon is an industrial conglomerate with interest all over the world and based in
India. The group has 17 manufacturing sites in India and pants in China, Poland, Italy &
Mexico. It is an Indian multinational with interests in consumer electronics, home
appliances, colour picture tube glass, and oil & gas.
Actually Videocon began its tryst with destiny in 1979 from a conference room-sized
assembly line. But, it was founded in 1987 by Late Nandlal Madhavlal Dhoot. He
completed his education in Ahmednagar and Pune. He was a successful sugarcane and
cotton cultivator. As a next logical step to vertical integration, He boldly took upon an
entrepreneurial venture by importing machinery from Europe to set up the
Gangapur,Sakhar,karkhana (sugar mill) in 1955.those were days when the village did
not even have electricity. He thus unleashed a mini industrial revolution.
At that time it used to manufacture TV and washing machine. In 1989-90, Videocon
started manufacturing home entertainment systems, electric motors & ac. Videocon
entered refrigerators and coolers segment in 1991. In 1995, Videocon started
manufacturing glass shells for crt and in 1996 it ventured into kitchen appliances and
crude oil segment. In 1998, Videocon started manufacturing compressors & compressor
motors. In the year 2000, Videocon took over Philips color TV plant. In 2005, Videocon
took over 3 plants of Electrolux India and acquired.
Videocon holds the third position among the largest colour picture tube manufacturers in
the world. They occupy 21% of the Indian market with only LG and Samsung leading the
foray with 40% and 38%. the scope of business in the areas of LCD’s and plasmas is well
understood by the chairman Mr. V. N. Dhoot, thus Videocon has recently diversified into
the same.
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DTH:
DTH stand for direct-to-home television. DTH is defined as the reception of satellite
programmes with a personal dish in an individual home. DTH does away with the need
for the local cable operators can receive satellite programmes and they then distribute
them.
• The largest panel production facility in the world under one roof providing very
high economies of scale.
• One of the world's largest and most respected CRT glass manufacturers.
• Firing the largest furnace of its kind in the world with a tank size of 3300 sq ft.
• One of the few companies in the world to convert sand to TV.
• One of the largest and most acknowledged CPT manufacturers in the world.
• Manufactured India's first rust-free Washing Machine. [4]
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Due to technical fault, set top box got out of service and mismatching of channels
made Videocon DTH a faulty system. It was also reported that the volume get
mute after 5 minutes of starting the set and creating disturbance for
customer.
RESEARCH METHODOLOGY
Data Collection:
PRIMARY DATA:
SECONDARY DATA:
SAMPLE SIZE
Employees - 25
Customers - 50
SAMPLE AREA
SAMPLING TECHNIQUE
STATISTICAL TOOLS
A) Frequency Distribution
B) Weighted Average
CHAPTER - 2
REVIEW OF LITERATURE
16
REVIEW OF LITERATURE
AGARWAL AND RAO (1996)[5] stated brand equity as the total quality and
choice intention. In other words, brand equity can be said to be any asset or liability
connected to a brand name that adds or subtract value to a product. The definition
of brand equity can be widely classified into three perspectives i.e. it could be based
on financial perspective which stress the value of a brand to a firm, customer
perspective which sees brand equity as the value of a brand to consumers and a
combination of the two. Our present study will focus on consumers based
perception. Consumer based brand equity can be divided into consumer perception
i.e. (brand awareness, perceived quality, brand association) and consumers
behaviors (brand loyalty and willingness to pay a high.
SCHMITT (1999)[6] quoted that a brand should not just be an identifier, he went
further to say that a good image and name is insufficient; delivered experience is
also important. Schmitt (1999) has recommended that the brand has to be viewed as
an identifier where the logo, slogan, names forms a particular image and awareness
for the consumer and the brand has to be viewed as an experience provider where
the logo, slogan, names, event and contacts by consumer provides consumers
affective, sensory, lifestyle and create relation with the brand.
AAKER (1991 2002)[7] has classified Non- customer as those people who buy the
brands of competitors. Price switcher are the one which are sensitive to price.
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Passive loyal are those who purchase brand/product as a result of habit rather that
reason. Fence sitters are those that are indifferent between several brands.
LOW AND LAMB JR (2000) AND PRASAD AND DEV (2000) [8] Also adopted
four of Aaker (1991) component. They quoted the following components Brand
awareness, Perceived quality, Brand loyalty, Brand association.
MIHIR DASH (2006) [11] stated that Even though there are several companies that
provide mobile telephone services, two companies, namely Airtel and Hutch, control
the student segment in Karnataka. In order to attract customers, both companies
offer several special promotional schemes, month to month. Some of
these promotional schemes are: unlimited free SMS, unlimited free outgoing calls
within home network, and full talk-time. The effect of these promotional schemes
has been large-scale brand-switching behaviour of customers. This study analyses
the extent of brand-switching in the mobile telephone services among students in
Bangalore, Karnataka. Using the Markov brand-switching model, the effect of each
combination of promotional strategies adopted by the two companies is analysed.
The optimal mixes of promotional strategies for the two companies are then found
using game theoretic techniques.
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MIHIR DASH & JACOB ALEXANDER (2010)[12] have quoted that the impact of
different promotional programs on the brand-switching behavior of
students with respect to premium flight services to determine the
'optimal promotional mix' that service providers should offer. This study
uses the Markov brand-switching model in combination with game theoretic
techniques to find the optimal promotional mixes of the two service
providers, based on the data collected by a sample survey of customers. The
results suggest that both the service providers should adopt a combination
of promotional offers, and indicate an asymmetric behavior in response
to promotional schemes of the providers. Sensitivity analysis showed that
the strategies were quite robust. The study provides marketers with a
systematic method for planning promotional mixes by taking
competitors' strategies into account. A possible approach would be to
estimate switching rates periodically and to update the optimal promotion
mix with the current data. In this way, the estimates would be more
accurate and any changes could be detected and incorporated into the
analysis. This would result in a more dynamic, reactive strategy.
company.
CHAPTER-3
20
ANALYSIS OF DATA
(Primary)
ANALYSIS OF DATA
Q.1 Which DTH connections do you have?
fig.3.1
Interpretation
29% customers prefer tata sky as their dth service whereas only 10% are preferring
Airtel as their dth service.
30
Tata Sky
25
Airtel
20 Dish TV
Videocon
15
Others
10
d
p
n
e
s
t N
.fR
o
0
Different dthbrands
Fig.3.2
Interpretation
33 respondents out of 50 know tata sky more than the other dth brand while 27
respondents out of 50 knew Videocon dth.
Fig.3.3
Interpretation
26 respondents out of 50 know the dth brands by TV advertisement rather than other
source of advertisement.
Fig.3.4
Interpretation
34 respondents out of 50 consult from their family while only 4 people take the
decision after consulting from neighbors and retailers.
Q.5 What are the factors which influenced you to buy the service of your
choice?
Fig.3.5
Interpretation
23 respondents out of 50 are influenced by nice packages given by the company
whereas only 4 respondents are influenced by other factors.
Package % of Respondents
Monthly 54%
Quarterly 17%
Half Yearly 23%
Yearly 6%
26
Fig.3.6
Interpretation
54% respondents prefer monthly packages while only 6% respondents prefer yearly
package.
Response % of Respondents
Yes 96%
No 4%
27
Fig.3.7
Interpretation
96% respondents say that there dth provide value for their money invested.
respondents
Interpretation
After analyzing the level, it is found that the customer response regarding
service provider is towards GOOD.
Q.9 Overall how satisfied are you with network service of your company?
Very Satisfied Neutral Dissatisfied Very Weighted
Satisfied Dissatisfied average
Scale score
(5) (1)
(4) (3) (2)
No. of 10 148 21 8 0 3.74
respondents
Interpretation
After analyzing the satisfaction level, it is found that the customer response
regarding network services is SATISFACTORY.
Ranks % of Respondents
1st RANK 34%
2nd RANK 28%
3rd RANK 22%
4th RANK 16%
5th RANK 0%
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Fig.3.8
Interpretation
34% respondents give first rank to tata sky as the best dth brand while no one gives
the last rank.
AIRTEL
Ranks % of Respondents
1st RANK 16%
2nd RANK 18%
3rd RANK 27%
4th RANK 33%
5th RANK 6%
30
Fig.3.9
Interpretation
33% respondents think Airtel is not that good and give 4th rank while the least rank is
given by 6% respondents.
DISH TV
Ranks % of Respondents
1st RANK 16%
2nd RANK 26%
3rd RANK 32%
4th RANK 20%
5th RANK 6%
31
Fig.3.10
Interpretation
32% respondents think dish TV deserves 3rd rank while only 6% respondents think
that it should be on 5th rank.
VIDEOCON
Ranks % of Respondents
1st RANK 26%
2nd RANK 27%
3rd RANK 29%
4th RANK 12%
5th RANK 6%
32
Fig.3.11
Interpretation
29% respondents think Videocon dth is good on 3rd rank while only 6%
respondents think that it should be on 5th rank.
OTHERS
Ranks % of Respondents
1st RANK 8%
2nd RANK 2%
3rd RANK 2%
4th RANK 4%
5th RANK 84%
33
Fig.3.12
Interpretation
84% respondents think that other dth brands are not so good except these
above shown brands.
3 7
4 11
<4 5
Fig.3.13
Interpretation
44% dealers keep four dth brands in their shop.
Q.2 Which is the fastest moving DTH brand from your outlet?
Fig.3.14
Interpretation
32% dealers analyse Tata sky as there fastest moving dth brand whereas 20%
dealers sale Videocon dth as their second best dth brand.
Fig.3.15
Interpretation
10 dealers out of 25 analyse that customers give more preference to quality while
purchasing the dth product.
Response % of dealers
Yes 88%
No 12%
37
Interpretation
88% dealers agree that customers ask for after sales service.
Others 2
Interpretation
11 dealers out of 25 responded that sales increases when gifts are offered while 2
dealers responded that sales increases by other sources.
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CHAPTER -4
ANALYSIS OF DATA
(Secondary)
SECONDARY DATA
Secondary data was collected through:-
BOOKS:
JOURNALS:
Business India
Business Analyst
Competition Success Review
MAGAZINES:
India today
Business line
Outlook Business
NEWSPAPERS
WEBSITES
www.wikipedia.com
www.google.com
www.scribd.com
www.docstoc.com
www.socialsciencesresearchnetwork.com
www.videocondth.com
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CHAPTER-5
CONCLUSION &
RECOMMENDATIONS
FINDINGS
42
1. The survey has been conducted taking into consideration all age
groups so that the preferences and criteria of total population can
be analyzed.
2. The total number of respondents is 50 and almost all the people are
aware and using different DTH brands.
3. Videocon and Tata Sky are more popular DTH brands than other
DTH brands.
4. People normally prefer to pay for the service either monthly or half
yearly.
SUGGESTIONS
1. VIDEOCON should increase its sales because it does not have good market
4.The company should look into the matter of person hiring for in shop
demonstration. A big VIDEOCON showroom should have at least 3 such kind of
person.
5. VIDEOCON should try new dealer who have the potential. So they can target
more market.
7.The marketing managers should make better relations with dealers and
reputation of the company.
8. Customer considers quality as their first preference, so the company should give
more stress on this.
9. The product is well aware in the market and now it should be on top of the mind
of customer. So company should always improve services and update their
technology.
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CONCLUSION
ANNEXURE
46
CUSTOMER’S QUESTIONNAIRE
AGE OCCUPATION
e) Others -------------
e) Others --------------
47
e) Others -----------------
e) Neighbors ---------------
Q5)What are the factors which influenced you to buy the service of your choice?
e) Others
Why-------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------
Q9)Overall, how satisfied are you, with network service of your company?
Q12) Why
---------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------
--------------------------------------------
Q13) Rank all the Service Provider as per your preference criteria? ( 1 to the first
preference and so on)
b) Airtel ---------
c) Dish TV --------
49
d) Videocon --------
e) Others -----------
Dealer’s Questionnaire
Q2) Which is the fastest moving dth brand from your outlet?
a.) Videocon b.) Tata Sky c.) Airtel d.) Dish TV
Q3) On Which parameters a customer gives more importance while choosing a particular
brand?
a.) Price b.) Quality c.) Brand name d.) Service
a.) Very good b.) Good c.) Normal d.) Bad e.) very bad
RFERENCES
1. http://www.scribd.com/doc/38541493/Management-in-Managing-Brand
2. http://www.scribd.com/doc/38541493/Management-in-Managing-Brand
3. http://www.scribd.com/doc/38541493/Management-in-Managing-Brand
4. http://www.scribd.com/doc/38541493/Management-in-Managing-Brand
5. http://www.scribd.com/doc/38541493/Management-in-Managing-Brand
6. http://www.scribd.com/doc/38541493/Management-in-Managing-Brand
7. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1472624
8. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1472624
9. http://www.icmrindia.org/casestudies/catalogue/Marketing/MKTG116.htm
10.http://www.icmrindia.org/casestudies/catalogue/Marketing/MKTG116.htm
11.http://www.icmrindia.org/casestudies/catalogue/Marketing/MKTG116.htm
12.http://www.icmrindia.org/casestudies/catalogue/Marketing/MKTG116.htm
13. http://www.icmrindia.org/casestudies/catalogue/Marketing/MKTG116.htm
14.http://www.icmrindia.org/casestudies/catalogue/Marketing/MKTG116.htm
15.http://www.icmrindia.org/casestudies/catalogue/Marketing/MKTG116.htm
16.http://www.icmrindia.org/casestudies/catalogue/Marketing/MKTG116.htm
51
ANNEXURE: - Questionnaire
Bibliography
BIBLIOGRAPHY
Profitability R. Lehmann
Business world
Business today
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Times of India
www.videocon.com
www.google.com
www.wikipedia.com
www.scribd.com
www.docstoc.com