The study of the spending characteristics and purchasing power of the consumer who are within your business's geographic area of operation; a research method for defining the market parameters of a business. .
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BCH Electric Limited Marketing Survey
1. ISO 9001:2008 Company
Low voltage electrical and electronic controls maker
Established in 1965 as a joint venture
Wholly owned Indian Company since 1977
Presented by-
Abhishek Sharma (15DM
Akhil Surendran (15DM015)
Ankit Sharma (15DM
Ankur Aggarwal (15DM
Anurag Dutt (15DM
2. Key Market Participants
• L&T, Schneider, Siemens, ABB, Havells, IndoAsian, Legrand,
C&S, HPL, BCH, GE India, Eaton.
Competitive Trends
• Highly-competitive market
• Low-end and price-sensitive.
Key market restraints
• Unfavourable market sentiments – Uncertain Economy
• Downward trend in the Industry
• Restricted investments
• Unorganised market
Key End Users
• Industries
• Construction
• Infrastructure
Industry
overview
9. Product
• The products are low voltage switchgear such as
contactors, relays, MCCB,MCB .
• BCH products are known for higher quality
Price
• The prices and discounts are offered on flat basis.
• There is no additional discount on bulk orders
Place
• 32 sales offices
• Manufacturing facilities
Promotion
• Direct marketing-sales executives
• Internet- online website
• Industrial exhibitions
Marketing Mix
10. Market Survey
• Customers – industries, not mass product
• Personal survey as primary data from dealers across Delhi
• 20 dealers
• Barakhamba Road, Bhagirath Palace, West Patel Nagar
• Secondary data from Frost & Sullivan report