SlideShare a Scribd company logo
1 of 21
Download to read offline
PMT MACHINE LIMITED
BUILD TO LAST
“A Study on Awareness and Lead Generation”
For
“PMT Machines Limited”
UNDER THE GUIDANCE OF
Faculty Guide Company Guide
Dr. Kerav Pandya Mr. Umesh Trivedi
Professor at CKSVIM Marketing Manager
Submitted by
(FALGUN SHAH)
Enrolment No.:157050592089
Over view
Company Introduction
Objective & Research methodology
Problem statement
Data analysis
Findings & Conclusion
Practical learning & Benefits to Company
Company Introduction
PMT machines falls in machining tools industry, which was
established in 1961 as Traub India a subsidiary of Traub Germany .
In 2007, PMT acquired Elb India at Halol to manufacture high
precision Surface Grinding Machines in India.
The company now is in the business of providing complete solution
to its customers machining challenges rather than just stand-alone
machine tool.
PR0DUCTS
Automats
CNC Turning
CNC Internal Grinding
CNC Cylindrical Grinding
 CNC Surface Grinding Machines and
 Special purpose machines in Turning and Grinding
In Halol they manufacture only Surface grinding machine. Other than this all are
manufactured in Pune.
Objective & Research Methodology
To create more awareness amongst different GIDC’S of Vadodara and to generate
leads by approaching companies who are in the machining tools industries as well as
getting feedback from existing customers.
Descriptive research design
Personal Interviewing Method
Non probability Convenience Sampling Method
Sample size is 75
Problem Statement:
MANAGEMENT PROBLEM: How to boost up the brand awareness and increase
the new leads.
 MARKETING RESEACH PROBLEM: To determine the awareness level and future
growth of PMT Machines Ltd.
Data Analysis and Interpretation
Awareness:
Familiarity
Companies interested in machines are:
Important Factors:
Interested in buying and in what duration
Factor Analysis
Total Variance Explained:
Component Initial Eigenvalues Extraction Sums of Squared
Loadings
Rotation Sums of Squared Loadings
Total % of
Variance
Cumulative
%
Total % of
Variance
Cumulative
%
Total % of Variance Cumulative %
1 2.981 29.808 29.808 2.981 29.808 29.808 2.854 28.536 28.536
2 1.545 15.446 45.254 1.545 15.446 45.254 1.511 15.112 43.648
3 1.225 12.247 57.501 1.225 12.247 57.501 1.258 12.576 56.225
4 1.052 10.523 68.024 1.052 10.523 68.024 1.180 11.800 68.024
5 .917 9.170 77.194
6 .742 7.425 84.619
7 .618 6.179 90.798
8 .375 3.747 94.545
9 .304 3.038 97.584
10 .242 2.416 100.000
Extraction Method: Principal Component Analysis.
Factor Analysis
Further table shows the extraction sum of square loadings for the scale for
measuring the percentage of awareness and lead generated for PMT machine.
 Careful look at table shows that 68.024% variance is uniformly distributed
across all components range from 29.808% - 10.523%
And KMO test is near to 70%
Grouping of Key Statements Based on Factor
Loadings
Statement 1 2 3 4
After Sales Service 0.844
Price 0.835
Availability 0.792
Resale Value 0.766
Life time of Machine 0.397
Quality 0.691
Efficiency 0.395
Level of Customization 0.74
Response time 0.689
Overall Customer service level 0.791
Naming of the factors:
Service and
Price
Product
Time and
Physical
Relationship
Findings
66% of the machining tools companies are aware about the PMT machine.
57% us the CNC machine on regular basis.
68% and 45% are interested in buying Turning machine and Automate lathe respectively.
From this survey it has been found the characteristics which are extremely
important for the companies are follow:
•After sales service
•Quality
•Price
•Efficiency
Conclusion:
I would like conclude that there is still lack of awareness about PMT machine
Many companies have mindset that PMT is only manufacturer of CNC grinding
machines.
There is absence of trust in existing customers mind which results in negative
word of mouth. And consequences of it, conversion ratio of prospect to
customer is low
Practical learning & Benefits to Company
 Learned how to make effective questionnaire
How to get genuine feedback from the existing customer
And how to interact with new prospects in B2B market
PMT machines got leads on which they can work on and awareness
has increased in GIDC’s of Vadodara
As well as valuable feedbacks from the existing customer.
PMT MACHINE AWARENESS STUDY

More Related Content

Viewers also liked

Sahara Glass Machineries Catalgoue
Sahara Glass Machineries CatalgoueSahara Glass Machineries Catalgoue
Sahara Glass Machineries Catalgouesaharaartwork
 
Artículo enfoques y metodologías de la planeación
Artículo enfoques y metodologías de la planeaciónArtículo enfoques y metodologías de la planeación
Artículo enfoques y metodologías de la planeaciónSheccid Reborn
 
лето где ты
лето где тылето где ты
лето где тыura-ptichka
 
Спортивный досуг
Спортивный досугСпортивный досуг
Спортивный досугura-ptichka
 
Мастер-класс "Герб моей семьи"
Мастер-класс "Герб моей семьи"Мастер-класс "Герб моей семьи"
Мастер-класс "Герб моей семьи"ura-ptichka
 
Glass Hardware 2015 Catalogue
Glass Hardware 2015 CatalogueGlass Hardware 2015 Catalogue
Glass Hardware 2015 Cataloguesaharaartwork
 

Viewers also liked (9)

Cuisine&Vins2
Cuisine&Vins2Cuisine&Vins2
Cuisine&Vins2
 
Cuisine&Vins4
Cuisine&Vins4Cuisine&Vins4
Cuisine&Vins4
 
Thomafluid I (magyar)
Thomafluid I (magyar)Thomafluid I (magyar)
Thomafluid I (magyar)
 
Sahara Glass Machineries Catalgoue
Sahara Glass Machineries CatalgoueSahara Glass Machineries Catalgoue
Sahara Glass Machineries Catalgoue
 
Artículo enfoques y metodologías de la planeación
Artículo enfoques y metodologías de la planeaciónArtículo enfoques y metodologías de la planeación
Artículo enfoques y metodologías de la planeación
 
лето где ты
лето где тылето где ты
лето где ты
 
Спортивный досуг
Спортивный досугСпортивный досуг
Спортивный досуг
 
Мастер-класс "Герб моей семьи"
Мастер-класс "Герб моей семьи"Мастер-класс "Герб моей семьи"
Мастер-класс "Герб моей семьи"
 
Glass Hardware 2015 Catalogue
Glass Hardware 2015 CatalogueGlass Hardware 2015 Catalogue
Glass Hardware 2015 Catalogue
 

Similar to PMT MACHINE AWARENESS STUDY

Analysis of sales force performance
Analysis of sales force performanceAnalysis of sales force performance
Analysis of sales force performanceSupa Buoy
 
Six Month Industrial Training Report at Milestone Gears Ltd
Six Month Industrial Training Report  at Milestone Gears LtdSix Month Industrial Training Report  at Milestone Gears Ltd
Six Month Industrial Training Report at Milestone Gears Ltdyogesh thakur
 
Cost Accounting at 3M
Cost Accounting at 3MCost Accounting at 3M
Cost Accounting at 3MPrasant Patro
 
Market analysis of consultancy service in manufacturing units
Market analysis of consultancy service in manufacturing unitsMarket analysis of consultancy service in manufacturing units
Market analysis of consultancy service in manufacturing unitsRishabhkumarTyagi2
 
Bharat forge LTD new
Bharat forge LTD newBharat forge LTD new
Bharat forge LTD newAkhil Yadav
 
Market segmentation & Positioning - effect on company performance
Market segmentation & Positioning - effect on company performance Market segmentation & Positioning - effect on company performance
Market segmentation & Positioning - effect on company performance Rakesh Halder
 
Trough External Service Management Improve Quality & Productivity
Trough External Service Management Improve Quality & ProductivityTrough External Service Management Improve Quality & Productivity
Trough External Service Management Improve Quality & ProductivityIJMER
 
Internship_project_MBA_Shashank_M.docx
Internship_project_MBA_Shashank_M.docxInternship_project_MBA_Shashank_M.docx
Internship_project_MBA_Shashank_M.docxlalaspnup
 
SPM Maturity Curve Session
SPM Maturity Curve SessionSPM Maturity Curve Session
SPM Maturity Curve SessionLaura Roach
 
SPE Project-Attention to Details
SPE Project-Attention to DetailsSPE Project-Attention to Details
SPE Project-Attention to DetailsTrent Anderson
 
Field Service Forum 2014 agenda
Field Service Forum 2014 agenda Field Service Forum 2014 agenda
Field Service Forum 2014 agenda Copperberg
 
Entrepreneurship Challenges Lessons from an Automotive Start Up
Entrepreneurship Challenges Lessons from an Automotive Start UpEntrepreneurship Challenges Lessons from an Automotive Start Up
Entrepreneurship Challenges Lessons from an Automotive Start Upijtsrd
 
Trough External Service Management Improve Quality & Productivity
Trough External Service Management Improve Quality & ProductivityTrough External Service Management Improve Quality & Productivity
Trough External Service Management Improve Quality & ProductivityIJMER
 
Digital Transformation for Aftermarket Sales & Service
Digital Transformation for Aftermarket Sales & ServiceDigital Transformation for Aftermarket Sales & Service
Digital Transformation for Aftermarket Sales & ServiceJohn Mertl
 

Similar to PMT MACHINE AWARENESS STUDY (20)

Toyota
ToyotaToyota
Toyota
 
MYNews 2015 01
MYNews 2015 01MYNews 2015 01
MYNews 2015 01
 
Analysis of sales force performance
Analysis of sales force performanceAnalysis of sales force performance
Analysis of sales force performance
 
Six Month Industrial Training Report at Milestone Gears Ltd
Six Month Industrial Training Report  at Milestone Gears LtdSix Month Industrial Training Report  at Milestone Gears Ltd
Six Month Industrial Training Report at Milestone Gears Ltd
 
Cost Accounting at 3M
Cost Accounting at 3MCost Accounting at 3M
Cost Accounting at 3M
 
Market analysis of consultancy service in manufacturing units
Market analysis of consultancy service in manufacturing unitsMarket analysis of consultancy service in manufacturing units
Market analysis of consultancy service in manufacturing units
 
Bharat forge LTD new
Bharat forge LTD newBharat forge LTD new
Bharat forge LTD new
 
Market segmentation & Positioning - effect on company performance
Market segmentation & Positioning - effect on company performance Market segmentation & Positioning - effect on company performance
Market segmentation & Positioning - effect on company performance
 
Internship2
Internship2Internship2
Internship2
 
M&M Bpr Final
M&M Bpr FinalM&M Bpr Final
M&M Bpr Final
 
Trough External Service Management Improve Quality & Productivity
Trough External Service Management Improve Quality & ProductivityTrough External Service Management Improve Quality & Productivity
Trough External Service Management Improve Quality & Productivity
 
Internship_project_MBA_Shashank_M.docx
Internship_project_MBA_Shashank_M.docxInternship_project_MBA_Shashank_M.docx
Internship_project_MBA_Shashank_M.docx
 
SPM Maturity Curve Session
SPM Maturity Curve SessionSPM Maturity Curve Session
SPM Maturity Curve Session
 
Qfd
QfdQfd
Qfd
 
SPE Project-Attention to Details
SPE Project-Attention to DetailsSPE Project-Attention to Details
SPE Project-Attention to Details
 
Field Service Forum 2014 agenda
Field Service Forum 2014 agenda Field Service Forum 2014 agenda
Field Service Forum 2014 agenda
 
The 10 most valuable cnc manufacturing companies
The 10 most valuable cnc manufacturing companiesThe 10 most valuable cnc manufacturing companies
The 10 most valuable cnc manufacturing companies
 
Entrepreneurship Challenges Lessons from an Automotive Start Up
Entrepreneurship Challenges Lessons from an Automotive Start UpEntrepreneurship Challenges Lessons from an Automotive Start Up
Entrepreneurship Challenges Lessons from an Automotive Start Up
 
Trough External Service Management Improve Quality & Productivity
Trough External Service Management Improve Quality & ProductivityTrough External Service Management Improve Quality & Productivity
Trough External Service Management Improve Quality & Productivity
 
Digital Transformation for Aftermarket Sales & Service
Digital Transformation for Aftermarket Sales & ServiceDigital Transformation for Aftermarket Sales & Service
Digital Transformation for Aftermarket Sales & Service
 

PMT MACHINE AWARENESS STUDY

  • 1. PMT MACHINE LIMITED BUILD TO LAST “A Study on Awareness and Lead Generation” For “PMT Machines Limited” UNDER THE GUIDANCE OF Faculty Guide Company Guide Dr. Kerav Pandya Mr. Umesh Trivedi Professor at CKSVIM Marketing Manager Submitted by (FALGUN SHAH) Enrolment No.:157050592089
  • 2. Over view Company Introduction Objective & Research methodology Problem statement Data analysis Findings & Conclusion Practical learning & Benefits to Company
  • 3. Company Introduction PMT machines falls in machining tools industry, which was established in 1961 as Traub India a subsidiary of Traub Germany . In 2007, PMT acquired Elb India at Halol to manufacture high precision Surface Grinding Machines in India. The company now is in the business of providing complete solution to its customers machining challenges rather than just stand-alone machine tool.
  • 4. PR0DUCTS Automats CNC Turning CNC Internal Grinding CNC Cylindrical Grinding  CNC Surface Grinding Machines and  Special purpose machines in Turning and Grinding In Halol they manufacture only Surface grinding machine. Other than this all are manufactured in Pune.
  • 5. Objective & Research Methodology To create more awareness amongst different GIDC’S of Vadodara and to generate leads by approaching companies who are in the machining tools industries as well as getting feedback from existing customers. Descriptive research design Personal Interviewing Method Non probability Convenience Sampling Method Sample size is 75
  • 6. Problem Statement: MANAGEMENT PROBLEM: How to boost up the brand awareness and increase the new leads.  MARKETING RESEACH PROBLEM: To determine the awareness level and future growth of PMT Machines Ltd.
  • 7. Data Analysis and Interpretation Awareness:
  • 9. Companies interested in machines are:
  • 10.
  • 12.
  • 13. Interested in buying and in what duration
  • 14. Factor Analysis Total Variance Explained: Component Initial Eigenvalues Extraction Sums of Squared Loadings Rotation Sums of Squared Loadings Total % of Variance Cumulative % Total % of Variance Cumulative % Total % of Variance Cumulative % 1 2.981 29.808 29.808 2.981 29.808 29.808 2.854 28.536 28.536 2 1.545 15.446 45.254 1.545 15.446 45.254 1.511 15.112 43.648 3 1.225 12.247 57.501 1.225 12.247 57.501 1.258 12.576 56.225 4 1.052 10.523 68.024 1.052 10.523 68.024 1.180 11.800 68.024 5 .917 9.170 77.194 6 .742 7.425 84.619 7 .618 6.179 90.798 8 .375 3.747 94.545 9 .304 3.038 97.584 10 .242 2.416 100.000 Extraction Method: Principal Component Analysis.
  • 15. Factor Analysis Further table shows the extraction sum of square loadings for the scale for measuring the percentage of awareness and lead generated for PMT machine.  Careful look at table shows that 68.024% variance is uniformly distributed across all components range from 29.808% - 10.523% And KMO test is near to 70%
  • 16. Grouping of Key Statements Based on Factor Loadings Statement 1 2 3 4 After Sales Service 0.844 Price 0.835 Availability 0.792 Resale Value 0.766 Life time of Machine 0.397 Quality 0.691 Efficiency 0.395 Level of Customization 0.74 Response time 0.689 Overall Customer service level 0.791
  • 17. Naming of the factors: Service and Price Product Time and Physical Relationship
  • 18. Findings 66% of the machining tools companies are aware about the PMT machine. 57% us the CNC machine on regular basis. 68% and 45% are interested in buying Turning machine and Automate lathe respectively. From this survey it has been found the characteristics which are extremely important for the companies are follow: •After sales service •Quality •Price •Efficiency
  • 19. Conclusion: I would like conclude that there is still lack of awareness about PMT machine Many companies have mindset that PMT is only manufacturer of CNC grinding machines. There is absence of trust in existing customers mind which results in negative word of mouth. And consequences of it, conversion ratio of prospect to customer is low
  • 20. Practical learning & Benefits to Company  Learned how to make effective questionnaire How to get genuine feedback from the existing customer And how to interact with new prospects in B2B market PMT machines got leads on which they can work on and awareness has increased in GIDC’s of Vadodara As well as valuable feedbacks from the existing customer.