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A PROJECT REPORT ON
CONSUMER AWARENESS.
AT JEKSON MACHINERY PVT LTD.
SUBMITTED FOR:
Partial fulfillment of the requirements Of the three year fulltime Bachelor of Business Administration (B.B.A) SUBMITTED BY: THAKKAR RAVI.A Roll No: 68 EXAM NO:__ (2008-09) SUBMITTED TO: HEMCHANDRACHARYA NORTH GUJARAT UNIVERSITY, PATAN. T.Y.B.B.A
VADU COLLEGE OF COMPUTER AND MANAGEMENT SUDIES Affiliated with Hemchandracharya North gujrat university-BBA programme Ta-Kadi, Dist-Mehsana
PREFACE
I have to undergo analysis project for a particular organization in project as on subject. After doing a lot of brainstorming we choose JEKSON MACHINERY as our organization and study it under the title of CONSUMER AWARENESS of JEKSON MACHINERY We are talking theoretical knowledge from the business school but we have also required practical knowledge for getting good job opportunities on successful entrepreneurial. So that purposes we are getting knowledge & skill by this types of marketing research report. My finding from the report is that the customers of JEKSON MACHINERY are highly satisfied with its product. In our project we study awareness of the customer of JEKSON MACHINERY in few cities. For this purpose I have prepared a questionnaire and collected information using it. I have analyzed the collected information and made the findings. This project will really help me in the future a great deal.
ACKNOWLEDGEMENT
It would really difficult for me to complete the marketing research project without getting co-operation of certain people. In other words there are so many external thankful who directly or indirectly helped me in my marketing research project. I would like to express my gratitude to our Principal Dr. B. S. Agrawal who gave me a good opportunity to learn about industrial environment during industrial visit. The task would have been difficult for me without guidance of our Professors Mr. Jitendra Patel. (Head of department) Mr. Harshad Patel. (Placement co-ordinate) Mr. Chandu Thakor.(Guidence) We are very thankful to the director of JEKSON MACHINERY. Mr. kirtibhai thakkar who gave me permission to doing this Marketing research report in their organization and helped me by giving al required information. I am also thankful to my friends who helped me and guided me regarding the source of information related to particular industries.
EXECUTIVE SUMMARY
This report is based on industrial visit at JEKSON MACHINERY AHMEDABAD, is the course requirement of practical studies in T.Y.B.B.A. program of THE NORTH GUJARAT UNIVERSITY PATAN. This report is based on the information provide by the company executive & my understanding about the subject. It is my pleasure that I got an opportunity to visit the company & prepared this report , I knew & learn many thing form it moreover I come to know practically how the company is managing & handling its all departments & others which is related to the company.
INDEX
COLLEGE OF COMPUTER & MANAGEMENT STUDIES, VADU 4
Jekson Machinery Pvt. Ltd. fully dedicated to manufacturer and marketing of NC / Conventional Hydraulic Shearing Machine, NC / Conventional Hydraulic Press Brake, Hydraulic Presses, CNC Turret Punch Press, CNC Single Punching Machine, CNC Waterjet Cutting Machine, Transmission Tower Making Machine and Custom Based Special Purpose Machines, which demand accuracy, quality and productivity in their requirements. Combination of decades longs experience and the latest in machine construction technology.
Jekson Machinery Pvt. Ltd. specialized in providing effective solutions to industry for improving productivity, cutting maintenance cost and saving energy through its products. Its team of professionals designs easy to implement solutions with quality systems, high tech products and commitment in technical service and training, to get desired results.
- High Pressure Laminates / Industrial Laminate - Particle board - MDF - Plywood / block Board - Flush door - Short Cycle (Low Pressure Laminate) - Rubber Makers of Hydraulic Machinery . . ! !
Product Sample
Product Category
Jekson Hydraulic Ltd. is a quality driven company with ISO 9001 Certification. Our skilled workforce has a proven performance record in satisfying diverse needs of customers around the globe. The performance of the Jekson during the realization of complete plants or the press is turned into several advantages for the customer: - Functional reliability - Stable costs - Keeping to schedule - Profitability and operational safety - Few downtimes We have achieved Growth and Leading position in the market by :- Supplying Consistent Product Quality to our Valued Customers - Complying Requirement and continually improve the effectiveness of Quality Management System - Creating An Environment of Teamwork and Innovative approach We ask you to review the summary of our fabrication, machining, and assembly capabilities, and allow us to arrange a tour of our 300,000-square-foot manufacturing facility in Ahmedabad, India.
GENERAL INFORMATION
NAME OF FIRM: JEKSON MACHINERY PVT LTD. ADDRESS: Registered office: Mfg. Of : Hydraulic Conventional / Non Conventional Press Brake, Shears Special Purpose Hydraulic Presses CNC Punch Press.
LOCATION
AUDITORS: R.N.PATHAK
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REASON FOR SELECTING THE LOCATION:(1) The raw material required by the company is easily available. (2) Infrastructure facility & power supply are also esily available because of G.I.D.C. area. (3) The company is located near the city so that banking facility is also available. (4) The company is situated near National highway so that there is no Transportation problem. (5) There are easily available cheap unskilled, semi skilled & skilled labours. (6) The weather is good for producing companys product. (7) Govt. provides subsidiary & some other benefit.
PURPOSE OF ENTERPRISE The important purpose is the export of the machinery. Enterprise also wanted to increase the employment opportunity in our country.
COMPANY MISSION
COLLEGE OF COMPUTER & MANAGEMENT STUDIES, VADU 11
COMPANY VISION Jekson machinery is dedicated to create increased value for its stakeholders. At Jekson machinery shall continuously endeavor to seek challenges of meeting the requirements of his customers, by acquiring and deploying modern technologies, processes and resources. Jekson machinery aims to attain paramount market position for its distinguished products.
ORGANIZATONS VISION
Jekson machinery will continue to maintain its leadership position in the refined & filtered edible oil.
Growing their share of the machinery business.
BOARD OF DIRECTOR Companys Directors are experts in the diversified fields of engineering, human resource development, business strategy, finance and economics. They review all information relating to significant business decisions, including strategic and regulatory matters. Every member of the board, including the non-executive
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OUR VALUES
Integrity: Honesty in every action. Commitment: Deliver on the promise. Passion: Energised action Seamlessness: Boundary in letter and spirit Speed: One step ahead always.
ABOUT INDUSTRIES.
IN india there are so many company makes product same as jekson made. About engineering industries it is grpwing more & more nnow a days although in a competitive era in a market.i make a choice of some engeniering company who are performing well. WorldwideFacilityLtd Company Are Suppliers Of Surplus Automotive Parts, Industrial Products & Hydraulic Rubber Hose Products
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With the experience for over 6 years Hydraulic industrial sector, our firm has been exporting hydraulic gear pums and telescopic cylinders. All of our products are being produced using the latest technology with high quality materials. We have been e... Company are regularly Selling: hydraulics, pneumatics, fittings, hydraulic hoses, valves, gear pumps, hydraulic circuit components, pneumatic circuit components.
BUSINESS PRINCIPLES
Commitment to operational efficiencies & stakeholders value.
Continual improvement.
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Provide necessary resources required for the quality management system to prove excellence.
Product Range
Jekson Machinery Pvt. Ltd is doing Manufacturing of: * Hydraulic Conventional / * NC Press BraZ * Shears, * Presses * Horizontal Bending Press,
ORGANIZATIONS OBJECTIVES
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There is largely number of competitors of machinery in the market before few periods there are few company in the market so that the particular time few competition in the market but today large competition in manufacturingmachine, sojekson machinery. suffered the big compaction in the market.
In short in the market machinery production is full with competition and large producer of that same product. Competitions in the market in machinery production are between these companies which are as under.
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The main objective of research is to analyze the comparative position of jekson brand in ahmedaad market in comparison of the players in the market. To find out the awareness, perception, satisfaction and acceptance level of the brand in the market.
SUB- OBJECTIVE
To know the best brand and the largest selling brand in the market.
To find out how the respondents come to know about particular brand machinery production.
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Customer satisfaction.
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Recommendations to others.
Customers suggestion, other than price reduction, for the company to increase its market share.
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MARKETING RESEARCH
Marketing research is the systematic desing, collection, analysis and reporting of data and finding relevant to a specific marketing situation facing to the company. Marketing research is essential for the company now a day. By way of marketing Research Company know their position in the market.
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preliminary information that will help define the problem and suggest hypotheses. The objective of descriptive research is to describe
things such as the market potential for a product or the demographics and attitudes of consumers who buy the product. The objective of casual research is to test
RESEARCH PROCESS
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RESEARCH DESIGN
Research design is a plan, structure and strategy of investigation conceived so as to obtain answer to research question and to control variance. The definition consists of three important terms plans, structure, and strategy. The plan is an outline of the research scheme on which the researcher is to work. The structure of research is a more specific outline or the scheme and the strategy shows how the research will be carried out, specifying the method to be used in the collection and analysis of data.
TYPES OF RESEARCH DESIGN At the outset may be noted that there are several way of studying and tacking a problem. There is no single perfect design. As such, the researcher should not wait until he arrives at a unique and perfect research design. Research designs have being classified by various authors in different ways. Different types of research design have emerged on account of the different perspectives from which a research study can be viewed.
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DESCRIPTIVE STUDIES
Descriptive studies are under taken in many circumstances. When the researcher is interested in knowing the characteristics of certain group such as age, sex, educational level or income, a descriptive study may be necessary. Other cases when a descriptive study could be taken up are when he is interested in knowing the proportion of people in a given population who have behaved in a particular manner, making projection of certain thing; or determining the relationship between two or more variables. The objective of such a study is to answer the who, what, when, where and how of the subject under investigation. There is a general feeling that descriptive studies are factual and are very simple. This is not necessarily true. Descriptive study can be complex, demanding a high degree of scientific skill on the part other researcher.
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RESEARCH APPROACH
Basically, there are two approaches in collection of primary data.
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We have used survey in our research. Survey: There are four methods by which data can be collected in a survey. The methods are Personal survey, Mail survey, Telephone survey and Computer survey. We have used Personal survey.
RESEARCH INSTRUMENT
We have used a structured questionnaire. Questionnaire constitutes the most prevailing method of information method among the communication method used. Both structured and unstructured questionnaire is used in marketing research. Different scale of measurement cam be constructed and used to capture appropriately the strength of audience response. A structured questionnaire is a formal list of questions framed so as to get the fact. The interviewer asks the question strictly in accordance with a pre arranged order. If, for example, the market researcher is interested in working the amount of expenditure incurred on different type of clothing i.e. cotton woolen or synthetic, by different households classified according to their incomes, he may frame a set of questions seeking this factual information. If the marketing researcher appoints some interviewer to collect information on his behalf, the interviewers are expected to adhere to the same order in asking the question as contained in the questionnaire.
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SAMPLING TECHNIQUE
Sampling plays a vital role in carrying out any marketing research study. There would be hardly any marketing research study, which does not involve the use of sampling backbone of marketing research. A company selling particular brand of toothpaste and interested in knowing what portion of household in Delhi use its brand would involve the selection of sample of household. A market potential study aiming at finding the number, distribution and socio economic characteristics of potential customers of a product would define definitely involve the selection of some kind of sample. A company interested in introducing a new style of packaging for its product would be interested in knowing the reaction of its customers a study of which would require the selection of some type of sample.
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The respondents are the perfect sample of the population. FARMER is the only purchaser of the machinery. Branded machines used in semi urban and urban areas, in rural areas mostly unbranded machine is used.
The respondents give truthful answers to the question without any biases. There are external factors (environment) affecting to the purchase of machinery..
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CONSUMERS POINT OF VIEW Que.1 Find the customer preference and consumption rate of different machine brand in respondents.
This the first question of the questionnaire. Its objective is to use jekson machinery at farm & at other. BRAND OF MACHINE JEKSON MACHINE SOLITONTECH NOVA HYDRAULIC BLIND MACHINE PERCENTAGE 38 12 23 27
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INTRAPRETATION:
From the above graph we can conclude that 38% of respondent prefers JEKSON MACHINE, 12% prefers SOLITONTECH, 23% prefers NOVA HYDRAULIC, and the remaining 27% prefers other brands of BLIND machinery..
AWARENESS YES NO
PERCENTAGE 43 57
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INTRAPRETATION:From the above graph we can conclude that 43% of respondent are aware of the jekson machine while only the 57% of the respondent are not aware of the product.
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INTERPRETATION:From the above graph we can conclude that among the total respondent, 23 of the total respondent are aware about the CNC WATER PUNCHING MACHINE, 16 of total respondent are aware of the CNC Waterjet Cutting Machine ,7 are aware of the Horizontal Bending Press, 17 are aware about Hydraulic Angle-Flange Cutting Machine,while 43 are Hydraulic Press & 38bare aware about Hydraulic Press Brake - N.C. & 36 are Hydraulic Press Brakes atlast 27 are about Hydraulic Variable Rake Angle Shears
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INTERPERATION:From the above graph we can say that among respondent 5% who prefers to use the CNC WATER PUNCHING MACHINE, 2% of total respondent are using the CNC Waterjet Cutting Machine ,7% are using the Horizontal Bending Press, 10% are used Hydraulic Angle-Flange Cutting Machine,while 26% are Hydraulic Press & 21%b are used Hydraulic Press Brake - N.C. & 18% are Hydraulic Press Brakes atlast 11% are about Hydraulic Variable Rake Angle Shears
Que.5 Find whether the customers are satisfied with the price of jekson?
This is the fifth question of the questionnaire the objective of the scale is to find that information related customers perception about the quality of jekson machine.. So this type of the question help in collecting the information forms the market. SATISFACTION Yes No
60 50 e l t i T s i x A 40 30 20 10 55 45
55 PERCENT AGE 45
PERCENTAGE
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INTERPRETATION:From the above graph we can conclude that 55% of respondents are satisfied with the price of jeksonwhile 45% of respondents are not satisfied with the price.
Que.6. Find the consumer satisfaction with jekson machinery.. HYDRAULIC PRESS BRAKES
PARTICULARS YES NO PERCENTAGE 68 32
INTERPRETATION
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PARTICULARS YES NO
PERCENTAGE 58 42
INTERPRETATION From the above we can conclude that 58% are satisfied with the price of the HYDRAULIC RAKE ANGLES while 42% are not satisfied with its price.
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INTERPRETATION:From the above graph, it can be concluded that out of the total respondents 82% of the total respondents are exposed to the advt. of the tirupati oil while 18% are not exposed to it.
Que.8 Find the rate of source by which the customers are exposed to the advt. at maximum level
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Percentag e
70 60 50 40 30 20 10 0 64 55
e l t i T s i x A
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INTERPRETATION:
T.V. Newspaper Radio Hoardings Percentage 64that 64% of respondents are exposed to advertisement through T.V., 55 9 21 From the above graph we can conclude
55% are exposed through newspapers while 9% through radio and 21% through hoardings. Que.9. Find the proper promotional tools which the customer prefer. PARTICULARS Free home delivery Discount offer (250Rs. off) Discount coupons (30days) PERCENTAGE 55 35 10
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INTERPRETATION: From the above graph we can conclude that consumer are accepting free home dilevery than discount.from graph 55% are accepting free home dilevery while 35% are discount.
STRENGTHS
It is Gujarats largest MACHINERY PRODCTION. JEKSONhas created one image as trustable brand in customers. Company posses an good reputation in the market. Company provides value of money to its customers.
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WEAKNESS
No replacement for the spoiled product given to the retailers. Fewer margins in the MACHINERY . No promotional scheme being offered to customers. Non availability of jekson machinery is the main reasons for customer for purchase of alternative who actually wants to purchase jekson machinery.
The delivery of the jekson o is uncertain and not at proper time. At the time of season there creates shortage of jekson machine.
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OPPORTUNITY
Company having reputed brand name so it can easily capture large market. Many areas still uncovered by the firm. The goodwill created by the firm as jekson is very helpful to the company to increase its sales and market share.
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THREATS
Competitors are highly promoting their product with different scheme given to the dealers are willing to keep stock and promote the sales. Competition from large competitors. Lost sale may be major problem in future. Competitors provide fast and connivance service and create loyalty to retailers.
FINDINGS
COLLEGE OF COMPUTER & MANAGEMENT STUDIES, VADU 42
SUGGESTIONS
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The firm should try to stop the profiteering made by the retailers. The firm must advertise in such a way that it gets fixed in the mind of the people so the users do not get switch over to another machinery.
LIMITATION
Any things have its own limitation so this project has also little limitation which is as under.
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CONCLUSION
I am completing marketing research report of the jekson machine Pvt. Ltd as on the subject of customer satisfaction from the 15th Nov to 15th Dec for the period of 30 days. I am getting lots of experience by this marketing research report. From the some what are good and some are bad but in short I gate lots of knowledge by this report that is useful for me in the time of my job. By the marketing research report I can get
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BIBLIOGRAPHY
Source: personal interview by questionnaire By self Source: website www. jekson machine.com www.marketing teacher.com G OOGLE SEARCH Source: Marketing Management
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ANNEXURE
This survey is being conducted by student of college of computer & management studies vadu.
The information provided by you will be kept confidential and will be used only for the Academic purpose only. Personal Details Name:______________________________City: _____________________
Age: ________________
Occupation: Businessman Service Person Student Others Monthly Income: Rs.5000 Rs.5000 to Rs.10000
Que.1 Find the customer preference and consumption rate of different machine brand in respondents ?
JEKSON O SOLITONTECH NOVA HYDRAULIC BLIND MACHINE
Que.2 Find the awareness of jekson among respondent? YES Que.3 Find NO the products of jekson known to the respondent? 47
Que.5 Find whether the customers are satisfied with the price of jekson? COLLEGE OF COMPUTER & MANAGEMENT STUDIES, VADU 48
JEKSON MACHINE LTD. YES YES NO NO Que.6. Find the consumer satisfaction with jekson machinery?
Que.8 Find the rate of source by which the customers are exposed to the advt. at maximum level?
T.V. RADIO NEWSPAPER HOARDING
Que.9. Find the proper promotional tools which the customer prefer?
DISCONT COUPON FREE HOME DELIVERY DISCOUNT OFFER
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