JSW Steel Ltd is an Indian steel company owned by the JSW Group based in Mumbai. It is India's largest private sector steel company with an annual production capacity of 14.3 million tonnes. JSW Steel was formed in 2005 through the merger of Jindal Vijayanagar Steel and Jindal Iron and Steel Company. It has several steel manufacturing plants located across India as well as mining assets in countries like the US, Chile, and Mozambique. JSW Steel produces a variety of steel products including hot rolled, cold rolled, galvanized steel and steel bars. Its main competitors are Tata Steel, Essar Steel and Steel Authority of India Limited.
project on reliance communication anil gautamanilpimr
The document provides background information on Reliance Communications, including its history, leadership, vision, and operations. Some key details:
- Reliance Communications is India's largest integrated telecom company with over 80 million customers. It offers a range of telecom services including mobile, fixed line, broadband, and long distance.
- Founded by Dhirubhai Ambani, the company launched its mobile services in 2002. It has expanded rapidly under the leadership of chairman Anil Ambani to become a major player in India's telecom industry.
- Anil Ambani's strategic vision and aggressive pricing strategies have helped Reliance Communications grow substantially and bring affordable connectivity to millions of Indians. It
Britannia Industries Limited is an Indian food company established in 1892. It has grown to become one of India's leading food companies through continuous product and marketing innovation. Some notable innovations include repositioning itself as "Eat Healthy, Think Better" and sponsoring the 1999 Cricket World Cup to enhance its brand identity. Despite facing increased costs of raw materials in recent years, Britannia has continued reporting sales and profit growth through 2007. It ranks as the 2nd largest food processing company in India by net sales.
Summer Training Report of Win Medicare Pvt. Limited (Ratio Analysis)FellowBuddy.com
FellowBuddy.com is an innovative platform that brings students together to share notes, exam papers, study guides, project reports and presentation for upcoming exams.
We connect Students who have an understanding of course material with Students who need help.
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# Students can catch up on notes they missed because of an absence.
# Underachievers can find peer developed notes that break down lecture and study material in a way that they can understand
# Students can earn better grades, save time and study effectively
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A STUDY ON THE WELFARE MEASURES PROVIDED IN THE COMPANY WITH REGARDS TO JOB S...AnthonyJudeAJME
This document discusses a study on employee welfare measures and job satisfaction at TVS Motor Company in Madurai, India. It provides background on TVS, which was established in 1911 and is now one of the largest motorcycle companies in India. The study examines the welfare measures provided by TVS like housing, healthcare, recreation, and their impact on employee satisfaction. It describes TVS's history and operations, and the factors that influence job satisfaction. The objective is to analyze current welfare measures and identify additions to improve satisfaction levels.
The document summarizes and compares the employee welfare schemes of Hero Motors and other companies. It provides an overview of Hero Motors, outlining its history, products, facilities, and achievements. It then defines employee welfare schemes and lists common facilities covered, like medical, transportation, loans, and recreational activities. The research methodology is described as selecting companies, gathering welfare information through questionnaires, and analyzing the data. Key welfare programs at Hero Motors are also outlined, such as loans, canteens, uniforms, and training. The document aims to evaluate Hero Motors' welfare schemes and compare them to other organizations.
F.j project - Ford Automobiles_eco-sportFaraz Jauhar
This document appears to be a project report submitted by Faraz Wahid Jauhar to the University of Pune in partial fulfillment of a master's degree. The report provides a comprehensive study of customer satisfaction for the Ford Eco-Sport at Y Z Ford dealership in Aurangabad, India. It includes sections on the company profile of Y Z Ford, research methodology, data analysis, findings and conclusions, and suggestions. Y Z Ford is the sole Ford dealership in Aurangabad district and sells various Ford models like the Ford Fiesta, Endeavour, and Eco-Sport in segments like sedan, SUV, hatchback, and urban SUV. The report aims to understand customer needs and evaluate factors influencing
This document is a project report submitted by R. Satyanarayana to fulfill the requirements for a Master's degree in Business Administration. The report focuses on conducting a study of consumer opinions towards two-wheeler tires, with special reference to MRF tires. The report includes an introduction, company and product profiles, theoretical aspects of the topic, data analysis and findings. It received guidance from V.V. Narsi Reddy and was conducted by surveying customers at Venus Wheels, an authorized dealer of MRF tires in Khammam.
Service quality and consumer satisfaction for maruti service centergauravrao01
The document is a research project report submitted by Kapil Kumar Singh to the U.P. Technical University for their MBA degree. The report is about evaluating service quality and consumer satisfaction at Maruti Suzuki service centers in Noida, India. It includes an introduction on the Indian automobile industry and Maruti Suzuki's role in it. It then outlines the objectives, company profile, products, research methodology, and analysis of Maruti Suzuki's authorized service network, consumer survey, recommendations, and conclusions.
project on reliance communication anil gautamanilpimr
The document provides background information on Reliance Communications, including its history, leadership, vision, and operations. Some key details:
- Reliance Communications is India's largest integrated telecom company with over 80 million customers. It offers a range of telecom services including mobile, fixed line, broadband, and long distance.
- Founded by Dhirubhai Ambani, the company launched its mobile services in 2002. It has expanded rapidly under the leadership of chairman Anil Ambani to become a major player in India's telecom industry.
- Anil Ambani's strategic vision and aggressive pricing strategies have helped Reliance Communications grow substantially and bring affordable connectivity to millions of Indians. It
Britannia Industries Limited is an Indian food company established in 1892. It has grown to become one of India's leading food companies through continuous product and marketing innovation. Some notable innovations include repositioning itself as "Eat Healthy, Think Better" and sponsoring the 1999 Cricket World Cup to enhance its brand identity. Despite facing increased costs of raw materials in recent years, Britannia has continued reporting sales and profit growth through 2007. It ranks as the 2nd largest food processing company in India by net sales.
Summer Training Report of Win Medicare Pvt. Limited (Ratio Analysis)FellowBuddy.com
FellowBuddy.com is an innovative platform that brings students together to share notes, exam papers, study guides, project reports and presentation for upcoming exams.
We connect Students who have an understanding of course material with Students who need help.
Benefits:-
# Students can catch up on notes they missed because of an absence.
# Underachievers can find peer developed notes that break down lecture and study material in a way that they can understand
# Students can earn better grades, save time and study effectively
Our Vision & Mission – Simplifying Students Life
Our Belief – “The great breakthrough in your life comes when you realize it, that you can learn anything you need to learn; to accomplish any goal that you have set for yourself. This means there are no limits on what you can be, have or do.”
Like Us - https://www.facebook.com/FellowBuddycom
A STUDY ON THE WELFARE MEASURES PROVIDED IN THE COMPANY WITH REGARDS TO JOB S...AnthonyJudeAJME
This document discusses a study on employee welfare measures and job satisfaction at TVS Motor Company in Madurai, India. It provides background on TVS, which was established in 1911 and is now one of the largest motorcycle companies in India. The study examines the welfare measures provided by TVS like housing, healthcare, recreation, and their impact on employee satisfaction. It describes TVS's history and operations, and the factors that influence job satisfaction. The objective is to analyze current welfare measures and identify additions to improve satisfaction levels.
The document summarizes and compares the employee welfare schemes of Hero Motors and other companies. It provides an overview of Hero Motors, outlining its history, products, facilities, and achievements. It then defines employee welfare schemes and lists common facilities covered, like medical, transportation, loans, and recreational activities. The research methodology is described as selecting companies, gathering welfare information through questionnaires, and analyzing the data. Key welfare programs at Hero Motors are also outlined, such as loans, canteens, uniforms, and training. The document aims to evaluate Hero Motors' welfare schemes and compare them to other organizations.
F.j project - Ford Automobiles_eco-sportFaraz Jauhar
This document appears to be a project report submitted by Faraz Wahid Jauhar to the University of Pune in partial fulfillment of a master's degree. The report provides a comprehensive study of customer satisfaction for the Ford Eco-Sport at Y Z Ford dealership in Aurangabad, India. It includes sections on the company profile of Y Z Ford, research methodology, data analysis, findings and conclusions, and suggestions. Y Z Ford is the sole Ford dealership in Aurangabad district and sells various Ford models like the Ford Fiesta, Endeavour, and Eco-Sport in segments like sedan, SUV, hatchback, and urban SUV. The report aims to understand customer needs and evaluate factors influencing
This document is a project report submitted by R. Satyanarayana to fulfill the requirements for a Master's degree in Business Administration. The report focuses on conducting a study of consumer opinions towards two-wheeler tires, with special reference to MRF tires. The report includes an introduction, company and product profiles, theoretical aspects of the topic, data analysis and findings. It received guidance from V.V. Narsi Reddy and was conducted by surveying customers at Venus Wheels, an authorized dealer of MRF tires in Khammam.
Service quality and consumer satisfaction for maruti service centergauravrao01
The document is a research project report submitted by Kapil Kumar Singh to the U.P. Technical University for their MBA degree. The report is about evaluating service quality and consumer satisfaction at Maruti Suzuki service centers in Noida, India. It includes an introduction on the Indian automobile industry and Maruti Suzuki's role in it. It then outlines the objectives, company profile, products, research methodology, and analysis of Maruti Suzuki's authorized service network, consumer survey, recommendations, and conclusions.
A study on brand awarness of cbr 250 r in jsp honda pvt.ltdPrasath Panneer
This document is a project report submitted for the completion of a Bachelor's degree in Business Administration. It examines the brand awareness of the Honda CBR 250R motorcycle in India. The report includes an introduction providing background on the motorcycle industry in India and Honda. It then covers a literature review on brand awareness and positioning, the research methodology used in the study, an analysis of survey results on consumer awareness and perceptions of the CBR 250R, and conclusions and recommendations from the findings. The overall purpose is to assess brand awareness and consumer response to the CBR 250R motorcycle among Indian customers.
This document provides an overview of a project report submitted to Miss. Varsha Turi on Hero Motocorp. It includes an acknowledgment section thanking those who provided assistance. It also includes a preface noting that the report was prepared as part of an MBA program to develop practical business knowledge. The report then provides an introduction to Hero Motocorp's history and details.
“A STUDY OF ADVERTISING AND SALES PROMOTION OF HERO TWO WHEELERS ” IN SHREE ...abhijit055
The document provides information about a project report submitted by Satish Chandu Bhandwale towards fulfillment of an MMS degree from the University of Mumbai through Kohinoor Business School. The report studies the advertising and sales promotion of Hero two-wheelers at Shree Sai Motors in Nanded. It includes details such as certificates of completion, acknowledgements of those who provided guidance and support, and an index of chapter topics to be covered in the report.
This document is a project report submitted by Manish Patel to his professor, Jitesh Parmar, as part of an MBA program. The report details a study conducted at Metro Motors Private Ltd in Navsari, India to understand customer preferences regarding Hero Honda two-wheelers. The report includes an introduction to the two-wheeler industry and Hero Honda company, research methodology, data analysis, findings, and recommendations. Key aspects covered are identifying attributes customers consider when purchasing two-wheelers, perceptions of different Hero Honda models, the brand image of Hero Honda, and the relationship between demographics and satisfaction with Hero Honda models.
This study analyzed customer satisfaction with Tata Motors in Jaipur, India. A survey was conducted with 100 customers across various areas of Jaipur. The results found that over 73% of customers felt Tata prices were affordable, while 12% did not. 74% were satisfied with discounts offered, but 26% were not. Overall customer satisfaction with Tata was good. However, some issues with maintenance costs and low resale values were identified as reasons for dissatisfaction. The study concluded that while Tata is one of India's best car manufacturers, they need to improve customer service and reduce spare part prices to increase customer satisfaction.
The document analyzes different cars from various companies in India. It finds that Maruti captures over 50% of the market, followed by Hyundai with 18%. In small cars, Maruti models like Wagon R and 800 dominate, capturing over 60% of the segment. Honda and Maruti lead in big cars, while Toyota leads in luxury cars. TATA and Maruti share the top position in commercial vehicles. Most respondents preferred cars based on fuel efficiency and budget.
Demand Estimation of Maruti Suzuki SwiftKaran Jaidka
The document discusses demand estimation for Maruti Suzuki's Swift model using regression analysis. It first provides background on linear regression models and definitions of key terms used in regression like the correlation coefficient, R2, adjusted R2, and F-statistic. It then describes applying a multiple linear regression model to estimate Swift demand based on explanatory variables and using the ordinary least squares method to obtain coefficient estimates.
The document provides details for establishing a jeans manufacturing small-scale industry called JRV Jeans Mills in Gujarat, India. It includes information on the location, management structure, production process, machinery requirements, raw material sources, sales projections, costing, and implementation schedule. The unit plans to produce 30,000 jeans annually and targets a sales revenue of Rs. 88 lakhs in the first year by selling different styles and sizes of jeans at varying price points to the local Gujarat and Maharashtra markets.
MBA marketing (summer internship report)MANUJ SINGH
The document is a marketing internship report submitted by Manuj Singh to Dr. Sanjeev Arora at Graphic Era University in Dehradun, India. The report focuses on the marketing strategies of Mahindra & Mahindra, an Indian automaker, with special reference to their SUV model Mahindra Scorpio. The report includes sections on the company profile, milestone achievements, product profiles of various Mahindra vehicles, research methodology used in the study, data analysis and findings on marketing strategies.
A project report on brand image of motorcycles and the colour survey for the ...Projects Kart
This document appears to be a research report submitted by a student for their industry project. It includes an executive summary that provides an overview of the motorcycle industry and market share of major companies in India. It then discusses the research methodology used for the project, which involved a survey of 345 motorcycle customers in Delhi and surrounding areas to understand brand image, color preferences, and other factors. The document outlines the problem definition, research design, sample design and size, scope and limitations of the study. It also includes sections on the industry and company profiles, with details on Yamaha's operations and products in India.
This document is a summer training report submitted by a student to Saurashtra University in India. The report details the student's summer training project at the Gujarat Co-operative Milk Marketing Federation (Amul), focusing on marketing strategies for Amul chocolates.
The student conducted primary research in the towns of Mahesana, Patan, Palanpur, and Deesa to study Amul's existing chocolate market share and identify ways to increase sales. Major findings include low brand awareness for Amul chocolates and a preference for quality and availability among consumers. The student suggests improving regular supply and transportation of chocolates, addressing retailer and consumer complaints, and using films to promote Amul chocolate quality
This document provides details about a project report on the payroll management and welfare measures of Hero Cycles in Bihta, Patna. It includes an introduction to Hero Cycles, an acknowledgements section, a declaration, an index, and sections on the literature review, research methodology, analysis, payroll system, welfare measures, production process, findings, and conclusion. The document serves as a student's project report submitted for their MBA program.
Customer awareness and effectiveness @ hero honda project reportBabasab Patil
Mr. Pawan Munjal
Directors: Mr. Suman Kant Munjal, Mr. Sunil Kant Munjal, Mr. Pankaj Munjal, Mr.
Takahiro Ueda, Mr. Minoru Kato, Mr. Toshiaki Nakagawa
Products:
Hero Honda manufactures a wide range of motorcycles and scooters. Some of its popular
models are:
- Splendor
- Passion
- CD Deluxe
- Glamour
- Karizma
- Hunk
- Pleasure
- Achiever
- Ignitor
- CBZ Xtreme
A project on impact of post sales service on customer satisfaction at hero hondaBabasab Patil
This document summarizes a study on the impact of post-sales service on customer satisfaction. It includes an executive summary that outlines the company profile, objectives and methodology of the study. It also includes chapters on data analysis, findings, suggestions and conclusions from administering a questionnaire to collect customer feedback on post-sales service satisfaction levels.
This document is a project report submitted by Amol Suresh Donerao to the University of Mumbai for their Master in Management Studies program. The report covers a study done at Jaya Hyundai, an automotive dealership in Nanded, India, on customer awareness and satisfaction of Hyundai Motors products. The report includes an acknowledgments section, certificate of approval, index of contents, executive summary providing an overview of the study objectives and methodology, and initial chapters covering the automobile industry profile and Jaya Hyundai company profile.
The telecom sector in India has undergone significant reforms and liberalization since the 1990s. Prior to 1991, the sector was operated as a public sector monopoly by BSNL, MTNL and VSNL. The National Telecom Policy of 1994 opened up the sector to private players. The sector is now regulated by TRAI, which was established in 1997 as an independent regulator. Reforms have led to rapid growth, with India now having the third largest telecom network globally. However, further reforms are still needed to address issues around spectrum management and rural connectivity.
This document provides an executive summary and introduction for a marketing strategy project for Jaypee Cement aimed at increasing market share. The summary discusses analyzing the cement industry and Jaypee Cement's competitors to identify opportunities. It also discusses understanding customers and segmentation to develop tactics. The objectives are to understand marketing processes, analyze the industry and company finances, and identify strengths/weaknesses and opportunities/threats to create a strategy.
The document provides information about Hero Group, a leading Indian business conglomerate. It discusses Hero Group's history, vision, mission, companies, products, marketing strategy, chairman, exports, and registration process for the United Nations Global Marketplace (UNGM). Hero Group started as a bicycle manufacturer and has expanded into motorcycles, automotive parts, software and other industries over the years.
Cocola Food Company Ltd. is a growing private food company in Bangladesh that was established in 1975. The report provides details about Cocola, including its mission, history, products, factory, organizational structure, functional departments, and SWOT analysis. It also analyzes the production efficiency of various Cocola products over time, noting seasonal impacts and identifying reasons for production gaps. Overall, the report finds that Cocola is meeting consumer demand through a wide range of quality food products and playing an important role in the Bangladeshi economy.
With increasing globalization and related advantages, most of the present firms are trying to go international. This is all due to maximizing the potential benefits available in different countries. With this, firms are trying to increase their presence throughout the world. Today, different countries have different advantages as some country is good in some specific industries, whereas some in others. Therefore, firms operating in an industry look for other nations doing well in the similar industries and have huge potential so that, they could take advantage of it.
employees empowerment in different industriessuvasmita rout
The document discusses employee empowerment across different industries such as IT, retail, FMCG, steel, banking, and automobiles. It provides examples of how companies empower employees, including allowing participation in decision making, providing skills training, offering stock options, ensuring workplace safety and fairness, and encouraging work-life balance. Tata Steel emphasizes freedom of association, joint consultations, equal opportunity, and skill development, while Wipro offers self-service technologies and stock options to empower employees.
A study on brand awarness of cbr 250 r in jsp honda pvt.ltdPrasath Panneer
This document is a project report submitted for the completion of a Bachelor's degree in Business Administration. It examines the brand awareness of the Honda CBR 250R motorcycle in India. The report includes an introduction providing background on the motorcycle industry in India and Honda. It then covers a literature review on brand awareness and positioning, the research methodology used in the study, an analysis of survey results on consumer awareness and perceptions of the CBR 250R, and conclusions and recommendations from the findings. The overall purpose is to assess brand awareness and consumer response to the CBR 250R motorcycle among Indian customers.
This document provides an overview of a project report submitted to Miss. Varsha Turi on Hero Motocorp. It includes an acknowledgment section thanking those who provided assistance. It also includes a preface noting that the report was prepared as part of an MBA program to develop practical business knowledge. The report then provides an introduction to Hero Motocorp's history and details.
“A STUDY OF ADVERTISING AND SALES PROMOTION OF HERO TWO WHEELERS ” IN SHREE ...abhijit055
The document provides information about a project report submitted by Satish Chandu Bhandwale towards fulfillment of an MMS degree from the University of Mumbai through Kohinoor Business School. The report studies the advertising and sales promotion of Hero two-wheelers at Shree Sai Motors in Nanded. It includes details such as certificates of completion, acknowledgements of those who provided guidance and support, and an index of chapter topics to be covered in the report.
This document is a project report submitted by Manish Patel to his professor, Jitesh Parmar, as part of an MBA program. The report details a study conducted at Metro Motors Private Ltd in Navsari, India to understand customer preferences regarding Hero Honda two-wheelers. The report includes an introduction to the two-wheeler industry and Hero Honda company, research methodology, data analysis, findings, and recommendations. Key aspects covered are identifying attributes customers consider when purchasing two-wheelers, perceptions of different Hero Honda models, the brand image of Hero Honda, and the relationship between demographics and satisfaction with Hero Honda models.
This study analyzed customer satisfaction with Tata Motors in Jaipur, India. A survey was conducted with 100 customers across various areas of Jaipur. The results found that over 73% of customers felt Tata prices were affordable, while 12% did not. 74% were satisfied with discounts offered, but 26% were not. Overall customer satisfaction with Tata was good. However, some issues with maintenance costs and low resale values were identified as reasons for dissatisfaction. The study concluded that while Tata is one of India's best car manufacturers, they need to improve customer service and reduce spare part prices to increase customer satisfaction.
The document analyzes different cars from various companies in India. It finds that Maruti captures over 50% of the market, followed by Hyundai with 18%. In small cars, Maruti models like Wagon R and 800 dominate, capturing over 60% of the segment. Honda and Maruti lead in big cars, while Toyota leads in luxury cars. TATA and Maruti share the top position in commercial vehicles. Most respondents preferred cars based on fuel efficiency and budget.
Demand Estimation of Maruti Suzuki SwiftKaran Jaidka
The document discusses demand estimation for Maruti Suzuki's Swift model using regression analysis. It first provides background on linear regression models and definitions of key terms used in regression like the correlation coefficient, R2, adjusted R2, and F-statistic. It then describes applying a multiple linear regression model to estimate Swift demand based on explanatory variables and using the ordinary least squares method to obtain coefficient estimates.
The document provides details for establishing a jeans manufacturing small-scale industry called JRV Jeans Mills in Gujarat, India. It includes information on the location, management structure, production process, machinery requirements, raw material sources, sales projections, costing, and implementation schedule. The unit plans to produce 30,000 jeans annually and targets a sales revenue of Rs. 88 lakhs in the first year by selling different styles and sizes of jeans at varying price points to the local Gujarat and Maharashtra markets.
MBA marketing (summer internship report)MANUJ SINGH
The document is a marketing internship report submitted by Manuj Singh to Dr. Sanjeev Arora at Graphic Era University in Dehradun, India. The report focuses on the marketing strategies of Mahindra & Mahindra, an Indian automaker, with special reference to their SUV model Mahindra Scorpio. The report includes sections on the company profile, milestone achievements, product profiles of various Mahindra vehicles, research methodology used in the study, data analysis and findings on marketing strategies.
A project report on brand image of motorcycles and the colour survey for the ...Projects Kart
This document appears to be a research report submitted by a student for their industry project. It includes an executive summary that provides an overview of the motorcycle industry and market share of major companies in India. It then discusses the research methodology used for the project, which involved a survey of 345 motorcycle customers in Delhi and surrounding areas to understand brand image, color preferences, and other factors. The document outlines the problem definition, research design, sample design and size, scope and limitations of the study. It also includes sections on the industry and company profiles, with details on Yamaha's operations and products in India.
This document is a summer training report submitted by a student to Saurashtra University in India. The report details the student's summer training project at the Gujarat Co-operative Milk Marketing Federation (Amul), focusing on marketing strategies for Amul chocolates.
The student conducted primary research in the towns of Mahesana, Patan, Palanpur, and Deesa to study Amul's existing chocolate market share and identify ways to increase sales. Major findings include low brand awareness for Amul chocolates and a preference for quality and availability among consumers. The student suggests improving regular supply and transportation of chocolates, addressing retailer and consumer complaints, and using films to promote Amul chocolate quality
This document provides details about a project report on the payroll management and welfare measures of Hero Cycles in Bihta, Patna. It includes an introduction to Hero Cycles, an acknowledgements section, a declaration, an index, and sections on the literature review, research methodology, analysis, payroll system, welfare measures, production process, findings, and conclusion. The document serves as a student's project report submitted for their MBA program.
Customer awareness and effectiveness @ hero honda project reportBabasab Patil
Mr. Pawan Munjal
Directors: Mr. Suman Kant Munjal, Mr. Sunil Kant Munjal, Mr. Pankaj Munjal, Mr.
Takahiro Ueda, Mr. Minoru Kato, Mr. Toshiaki Nakagawa
Products:
Hero Honda manufactures a wide range of motorcycles and scooters. Some of its popular
models are:
- Splendor
- Passion
- CD Deluxe
- Glamour
- Karizma
- Hunk
- Pleasure
- Achiever
- Ignitor
- CBZ Xtreme
A project on impact of post sales service on customer satisfaction at hero hondaBabasab Patil
This document summarizes a study on the impact of post-sales service on customer satisfaction. It includes an executive summary that outlines the company profile, objectives and methodology of the study. It also includes chapters on data analysis, findings, suggestions and conclusions from administering a questionnaire to collect customer feedback on post-sales service satisfaction levels.
This document is a project report submitted by Amol Suresh Donerao to the University of Mumbai for their Master in Management Studies program. The report covers a study done at Jaya Hyundai, an automotive dealership in Nanded, India, on customer awareness and satisfaction of Hyundai Motors products. The report includes an acknowledgments section, certificate of approval, index of contents, executive summary providing an overview of the study objectives and methodology, and initial chapters covering the automobile industry profile and Jaya Hyundai company profile.
The telecom sector in India has undergone significant reforms and liberalization since the 1990s. Prior to 1991, the sector was operated as a public sector monopoly by BSNL, MTNL and VSNL. The National Telecom Policy of 1994 opened up the sector to private players. The sector is now regulated by TRAI, which was established in 1997 as an independent regulator. Reforms have led to rapid growth, with India now having the third largest telecom network globally. However, further reforms are still needed to address issues around spectrum management and rural connectivity.
This document provides an executive summary and introduction for a marketing strategy project for Jaypee Cement aimed at increasing market share. The summary discusses analyzing the cement industry and Jaypee Cement's competitors to identify opportunities. It also discusses understanding customers and segmentation to develop tactics. The objectives are to understand marketing processes, analyze the industry and company finances, and identify strengths/weaknesses and opportunities/threats to create a strategy.
The document provides information about Hero Group, a leading Indian business conglomerate. It discusses Hero Group's history, vision, mission, companies, products, marketing strategy, chairman, exports, and registration process for the United Nations Global Marketplace (UNGM). Hero Group started as a bicycle manufacturer and has expanded into motorcycles, automotive parts, software and other industries over the years.
Cocola Food Company Ltd. is a growing private food company in Bangladesh that was established in 1975. The report provides details about Cocola, including its mission, history, products, factory, organizational structure, functional departments, and SWOT analysis. It also analyzes the production efficiency of various Cocola products over time, noting seasonal impacts and identifying reasons for production gaps. Overall, the report finds that Cocola is meeting consumer demand through a wide range of quality food products and playing an important role in the Bangladeshi economy.
With increasing globalization and related advantages, most of the present firms are trying to go international. This is all due to maximizing the potential benefits available in different countries. With this, firms are trying to increase their presence throughout the world. Today, different countries have different advantages as some country is good in some specific industries, whereas some in others. Therefore, firms operating in an industry look for other nations doing well in the similar industries and have huge potential so that, they could take advantage of it.
employees empowerment in different industriessuvasmita rout
The document discusses employee empowerment across different industries such as IT, retail, FMCG, steel, banking, and automobiles. It provides examples of how companies empower employees, including allowing participation in decision making, providing skills training, offering stock options, ensuring workplace safety and fairness, and encouraging work-life balance. Tata Steel emphasizes freedom of association, joint consultations, equal opportunity, and skill development, while Wipro offers self-service technologies and stock options to empower employees.
Training Report on Recruitment & Selection {National Steel Authority of India}FellowBuddy.com
FellowBuddy.com is an innovative platform that brings students together to share notes, exam papers, study guides, project reports and presentation for upcoming exams.
We connect Students who have an understanding of course material with Students who need help.
Benefits:-
# Students can catch up on notes they missed because of an absence.
# Underachievers can find peer developed notes that break down lecture and study material in a way that they can understand
# Students can earn better grades, save time and study effectively
Our Vision & Mission – Simplifying Students Life
Our Belief – “The great breakthrough in your life comes when you realize it, that you can learn anything you need to learn; to accomplish any goal that you have set for yourself. This means there are no limits on what you can be, have or do.”
Like Us - https://www.facebook.com/FellowBuddycom
This document is a summer training report submitted by Mohit Keshav at Neel Metal Products Limited. The report discusses a project to improve production at the company by using gang dies on presses. It aims to reduce production time and increase productivity. The report provides details on the company, including its vision, values and departments. It then describes the part being produced, the gusset head, and the individual processes involved in its production. Finally, it proposes mounting two similar dies on each press to perform the operations simultaneously, which would allow production to be completed at a faster rate.
Competitive Strategy and Its Impact on ITC Portfolio.pdfYashRajTripathi2
This document provides an overview of ITC Limited, an Indian conglomerate. It discusses ITC's history and evolution since 1910, beginning as a tobacco company called Imperial Tobacco Company. Over time, ITC diversified into various business sectors including FMCG, hotels, paperboards, packaging, agri-business, and IT.
The document then examines ITC's competitive strategy and its impact on ITC's portfolio. It discusses ITC's various product offerings across sectors like FMCG foods, personal care, lifestyle apparel, education, and hotels. The objective is to understand ITC's competition strategy and how it affects sales, service levels, and ITC's market position. The document also outlines ITC
The document provides an overview of the JBM Group, which was originally established in 1990 to manufacture tools, dies and molds. It later expanded into sheet metal components and automotive parts. The group now has over 40 manufacturing plants across 18 locations globally. It discusses the various companies within the JBM Group and their product offerings. The document also outlines the vision, core values, and focus on technology, innovation, sustainability and human capital of the JBM Group. It provides details about the Neel Metal Products division and its departments. Finally, it discusses the recruitment and selection process at organizations and some factors that influence recruitment.
This document provides an introduction and overview of a project report on the distribution channels of JK Tyres Ltd in Guwahati, India. It acknowledges those who helped with the project and outlines the report's chapters. The executive summary highlights that the report will examine the importance of marketing management and distribution channels, and explain why the topic and company were selected for study. It will look at JK Tyres' distribution patterns and operations in India and Northeast India specifically.
This document provides an overview of the history and development of tyres. It discusses some of the key early inventions and innovations in tyre technology. Specifically, it mentions that RW Thomson invented the first pneumatic tyre in 1845 using thin inflated tubes inside a leather cover. It then discusses John Boyd Dunlop's important 1888 invention of the rubber pneumatic tyre, which helped pneumatic tyres catch on in the late 1880s. The document provides a brief chronology of how tyres evolved from these early designs to the more advanced high-technology tyres of today.
Tata Steel is Asia's first integrated private sector steel company founded in 1907 in Jamshedpur, India. It is now one of the top ten global steel companies with operations in 26 countries. Tata Steel produces various steel products under brands like Tata Steelium and Tata Shaktee to differentiate its premium quality. Pricing in B2B environments is more complex than B2C due to factors like currency, market share dynamics, and quality. Branding plays an important role in B2B by creating awareness, increasing sales, and boosting promotional effectiveness. Tata Steel represents a strongly branded B2B company through its ranking as the world's best steel company in 2001 and 2005.
This document provides an overview of Hero Motocorp, an Indian automobile company. It discusses the Indian automobile industry and two-wheeler market. Hero Motocorp is one of the largest two-wheeler manufacturers in India. The document outlines Hero Motocorp's history, organizational structure, product lines, mission/vision, milestones, and major competitors. It also discusses Hero Motocorp's social responsibility initiatives, environmental practices, industry analysis using PESTEL and SWOT, and corporate strategies.
COMPANY OVERVIEW:
• History of Hero Motocorp
• Mission, Vision and Objectives of Hero Motocorp
• Milestones of Hero Motocorp
• Organizational Structure of Hero Motocorp
• Product line of Hero Motocorp
• Major competitors of Hero Motocorp
Corporate governance at hero motocorp
Social responsibility at hero
Ethical practices at hero
Environmental analysis
Strategy formulation
Corporate strategies
Important strategic move of hero motocorp
Competitor analysis
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Jindal Steel & Power Limited (JSPL) is an Indian steel and power company. From 2018-2023, JSPL engaged in several mergers and acquisitions to expand and diversify its business. Major M&A activities included merging its subsidiary Jindal Power Limited in 2018, acquiring Shadeed Iron and Steel Company in 2019, selling its stake in Jindal Shadeed Iron and Steel in 2020, acquiring a coal mine in 2021, and announcing a merger of associate companies Jindal Stainless Limited and Jindal Stainless (Hisar) Limited in 2023. Financial analysis shows JSPL's profitability, liquidity, solvency, and efficiency improved over this period due to
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1. JSW Steel Ltd
From Wikipedia, the free encyclopedia
This article contains content that is written like an advertisement. Please help improve
it by removing promotional content and inappropriate external links, and by adding
encyclopedic content written from a neutral point of view. (July 2014)
JSW Steel Ltd.
Type Public company
Traded as
BSE: 500228
NSE: JSWSTEEL
Industry Steel
Founded 1982
Founder
Sajjan Jindal
(Chairman)
Headquarters Mumbai, Maharashtra, India
Area served Worldwide
Key people
Sheshagiri Rao MVS, Dr.Vinod
Nowal
Products
Steel, flat steel products, long
steel products, wire products,
plates
Revenue
₹485.27 billion (US$7.7 billion)
(2013-14)[1]
Profit
₹13.34 billion (US$210 million)
(2013-14)[1]
Number of
employees
11103
Parent JSW Group
Subsidiaries Ispat industries Ltd
Website www.jsw.in
2. JSW Steel Ltd. (BSE: 500228, NSE: JSWSTEEL) is an Indian steel company owned by the
JSW Group based in Mumbai, Maharashtra, India.[2] JSW Steel, after merger of ISPAT steel, has
become India's largest private sector steel company with an installed capacity of 14.3 MTPA.[3]
As part of the US $18 billion O. P. Jindal Group, JSW Group has diversified interests in steel,
energy, minerals and mining, infrastructure, cement and information technology.[4] JSW's history
can be traced back to 1982, when the Jindal Group acquired Piramal Steel Limited, which
operated a mini steel mill at Tarapur in Maharashtra and renamed it as Jindal Iron and Steel
Company (JISCO).[5]
The Group set up its first steel plant in 1982 at Vasind near Mumbai. Soon after, it acquired
Piramal Steel Ltd., which operated a mini steel mill at Tarapur in Maharashtra. The Jindals, who
had wide experience in the steel industry, renamed it as Jindal Iron and Steel Co. Ltd. (JISCO).
Jindal Vijayanagar Steel Ltd. (JVSL) was set up in 1994, with its plant located at Toranagallu in
the Bellary-Hospet area of Karnataka, the heart of the high-grade iron ore belt and spread over
3,700 acres (15 km2) of land. It is just 340 kilometres (210 mi) from Bangalore, and is well
connected with both the Goa and Chennai Port. In 2005, JISCO and JVSL merged to form JSW
Steel Ltd.
JSW Steel has also formed a joint venture for setting up a steel plant in Georgia. The Company
has also tied up with JFE Steel Corp, Japan for manufacturing the high grade automotive steel.
The Company has also acquired mining assets in Republic of Chile, United States and
Mozambique.
Contents
1 History
2 Facilities
o 2.1 Vijayanagar Works
o 2.2 Salem Works
o 2.3 Dolvi Works
o 2.4 Vasind Works
o 2.5 Tarapur Works
o 2.6 Kalmeshwar Works
3 Products
4 Competitors
5 References
6 External links
History
In 1994, Jindal Vijayanagar Steel (JVSL) was set up with its plant located at Toranagallu in the
Bellary-Hospet area in the State of Karnataka, the heart of the high-grade iron ore belt and
spread over 10,000 acres (40 km2) of land.[6] over a decade. It also set up a plant at Salem with
an annual capacity of 1 million tonne. It is on the threshold of a major expansion plan of adding
3. 3.2 million tons per annum to its at Vijayanagar Plant to achieve 11 MTPA by 2011. It has
established a strong presence in the global value-added steel segment with the acquisition of a
steel mill in US and a Service Center in United Kingdom. JSW Steel has also formed a joint
venture for setting up a steel plant in Georgia. The Company has further acquired iron ore mines
in Chile and coal mines in USA & Mozambique.The current manufacturing capacity of company
is 14.3 MTPA. [7] In Aug 2014, it acquired Welspun Maxsteel Ltd in a deal valued at around
1,000 Crores. [8] JSW has already acquired 3 MTPA Hot Rolling Plant in Dolvi maharashtra (
earlier named Ispat Industries Ltd).
Products
Hot RolledProduct
ColdRolledProduct
GalvanisedProduct
Pre-paintedGalvanised Product
Electrolytictinplate
TMT Bars
Wire Rods & Special Steel Products
Competitors
Competitors of JSW Steel are Tata Steel, Essar Steel and SAIL.
W Group is one of India's largest business conglomerates, with a strong presence in the core
economic sector based in Mumbai. It has diversified interests in steel, energy, minerals and
mining, aluminium, infrastructure and logistics, cement and information technology.[2] It is led
by Sajjan Jindal and part of the US $ 15 billion O. P. Jindal Group.[3] JSW Steel Ltd, JSW
Energy, JSW Infrastructure, Ispat industries Ltd are subsidiaries of JSW Group.[4]
Canada's CIC Energy Corp agreed to a takeover by JSW in 2010 for USD 414.5 million.[5][6] CIC
Energy owned the licence to explore and exploit the Mmamabula coalfield in Botswana. The sale
fell through in May 2011. However, in August 2012 the Botswana Competition Authority
approved a proposed takeover of CIC Energy by Jindal Steel and Power. Jindal requires large
supplies of coal for its Indian steel plants. Jindal Steel chairman Naveen Jindal is the brother of
JSW chairman Sajjan Jindal.[7]
On 21 December 2010, JSW declared that it will buy controlling interest in Ispat Industries at an
enterprise value of $3 billion to emerge as India's largest producers of the commodity, with an
annual capacity of 14.3 million tonnes.[8][9]
4. Sales Promotion Schemes Project Report
MBA
One of the most difficult marketing decisions facing companies is how much to
spend on promotional John Wanamaker, the departmental - store magazine, said,
"I know that half of my advertising is wasted but I don't know which half."
Thus it is not surprising that industries and companies vary considerably in how
much they spend on promotion. Promotional expenditures might amount to 30-
50% of sales in case in cosmetics industry and only 10-20% in the industrial
equipment industry. Within a industry, a low and high spending companies can be
found.
How do companies decide on
their promotion budget? There
are mainly four methods of sales
promotion :
• Affordable Method :
Many companies set the
promotion budget at what they
think the company can afford.
One executive explained this
method as follows : "Why, it’s
Advertising Effectiveness Project Report
Internal Customer Satisfaction Project Report
5. simple. First I go upstairs to the
controller and how much they
can afford to give us this year.
He says a million and half.
Later, the boss comes to me and
asks how much we should spend
and I say ‘Oh about a million
and half."
It is a method which is uncertain
one and makes long term
planning difficult.
• Percentage of Sales Method :
Many companies set their
promotion expenditures at a
specified percentage of sales.
Accordingly the sales is set on
the basis of sales.
In this a specified sales percentage is decided for the promotional budget
Advantages of this method :
First, its use means that promotional budget vary with what a company can afford.
Second, it encourages the management to think in terms of the relationship among
promotion costs, selling price, and profit per unit,
Third, it encourages the competitive stability to the extent that competing firms
6. spend approximately the same % of their sales on promotion.
Inspite of the advantages, the % sales method has little to justify it. Its reasoning is
circular : It views sales as the determiner of the promotion rather than as a result. It
leads to budget setting by availability of funds rather than by marketing
opportunities.
• Competitive Parity Method :
Some companies set their promotional budget to achieve share-of-voice parity
with other competitors. Two arguments are made in support of competitive parity
method. One is that the competitors expenditure represents the collective wisdom
of the industry. The other is that maintaining a competitive parity helps prevent
promotional wars.
Neither argument is valid. There are no grounds for believing that competition
knows better what should be spent on promotion.
• Objective and Task Method :
The objective & task method calls upon marketers to develop their promotion
budgets by defining their specific objectives, determining the task that must be
performed to achieve these objectives, and estimating the cost of performing these
tasks.
Deciding on the promotion mix :
Companies face the task of distributing the total promotion budget over the five
promotional tools :
• Advertising
7. • Sales Promotion
• Public Relations and Publicity
• Sales Force
• Direct Marketing.
Whatever method a company adopt for promoting its product it must be from
above mentioned method.
What is Sales Promotion ?
Promotion is the final element in the marketing mix. After the nature of product is decided,
its price fixed and the methods of distribution decided, the manufactures has to take effective
steps in meeting the consumers in the markets. In the present consumer oriented markets it is
the duty of manufacturers to know what is required by the consumer. It is also their duty to
make the customers know where, when how and at what prices. The products would be
available.
Meaning of Promotion
The term promotion is the term and includes mainly three type of sales
activity :
1. Mass impersonal selling methods (Advertising).
2. Face to face personal selling (Salesman ship).
3. Activities other than personal selling and advertising such as point of purchase
display (P.O.P.) show and exhibitions, demonstrations and other non securing
8. selling efforts. This form of activity is called ‘Sales Promotion’.
There are two type of promotion blends :-
1. Pull Blend.
2. Push Blend.
Both of these are closely related to the channel of Distribution.
1. A pull blend is one in which mass impersonal, sales efforts are given the
greatest emphasis. The purpose of pull blend to pre-sell to the final consumers. So
that they demand the product at the retail level of distribution. The firm adopting
this strategy would spend more on advertising and sales promotion rather than in
personal selling. These efforts pull down the product from the manufacturer.
2. A push blend emphasizes personal selling. Naturally firms adopting this method
develop a strong sales force at both the distributor and the dealer level. This
method would tends to push the product through the channel of distribution.
Promotion and Selling
The term promotion is very often used as a synonym for selling. But selling is a narrow
term which includes only transfer of title or personal selling. Promotion on the other
hand is broader in its outlook and includes a variety of activities used ultimately for
increasing sales volume.
Promotion and Sales Promotion
Similarly the terms sales promotion can not be taken to mean what is commonly does. Sales
9. promotion, is only a part of the promotion. Basically promotion is an "exercise" in
information persecution and influence. Promotion has come to mean the over all co-
ordination of advertising selling, publicity and public relations. Promotion is a helping
function designed to make all other marketing activities more effective and efficient. But
sales promotion as such helps only the selling activity still, there exit same difference of
opinion on the real connection of the term sales promotion.
Acc. to A.H.R. Delons :-
"Sales promotion means any step that are taken for the purpose of obtaining or increasing
sales".
Acc. to W.Q. Kelly Opines :-
"Muddled misused misunderstood that is sales promotion Acc. to him the field of
sales promotion as a marketing activity is still vaguely defined and organized.
Sales Promotion and Advertising
There is no universally accepted distribution between these two terms. To same advertising
includes all forms of mass media communication directed towards influencing the end
consumer. Sales promotion on the other hand, includes the form of mass communication
directed towards information and influencing the channel of distribution (e.g. distributors,
retailers etc.). Hence a price of product literature distributed by retailers in sales promotion.
These sales promotion merges on one side in to advertising and on the other in to personal
salesman ship. It is concerned with the dissemination of information to whole salers,
retailers, customers (both actual and potential, and to the salesman).
Sales promotion is concerned with the creation. Application and dissemination of material
10. and techniques that supplement advertising and personal selling. Sales promotion makes use
of direct mail, catalogues, trade shows, sales contests, premiums, samples, windows displays
and other aids. Its purpose is to increase the desire of salesman, distributors and dealers to
sell a certain brand to make consumers more eager to buy that brand. Personal selling and
advertising do include prospects to make these decisions. Sale promotion provides an extra
stimulus.
Objective of Sales Promotion
1. To increase sales directly by publicity through media which are complementary to press
and poster advertising.
2. To disseminate information through sales man dealers etc. So as to insure the product
getting in to satisfactory use by the ultimate consumer.
3. To attract new consumer.
4. To face the competition effectively.
5. To help salesman in selling more to the retailers and consumers.
6. To check seasonal decline in sales. Generally speaking sales promotion involves rendering
the following services:-
(a) Services to dealers.
(b) Services to own salesman.
(c) Special publicity.
Sales Promotional at different levels
11. 1. Sales promotion at Dealers Level :-
It may include various schemes some of which are discussed here.
(i) Advertising Materials :-
The advertising material prepared by the company such as store signs, banners, shelf signs,
board etc. are distributed to sub dealer for display purposes this is in fact a method of
advertising.
(ii) Store Demonstration :-
In the promises of the whole saler or the retailer the products sales personnel will conduct
special demonstration for the companies product. A personal demonstration is good to
introduce a new product at its peculiar advantage can be high lightened and the consumer’s
doubt clear. It can be used to restimulate an old product. A good demonstration with a great
dealer of action will draw heavy crowds in to the store and will attract attention to the
product.
(iii) Special Display and Shows :-
These are in seasonal in character but could be arranged in an elaborate manner and for all
the products of an company. Usually these are arranged along with trade fair and exhibition.
Besides effecting sales these shows impress the company’s name generally on the public.
Sales promotion at consumer’s level
The various schemes of sale promotion at Consumer’s Level may include.
1. Coupons (A Chit of Stated Value) :-
These are given directly to the consumer these coupons are in most cases kept
inside the package. The consumers many receive a price reduction of the stated
values of the coupon at the time of purchase. The retailer receives reimbursement
12. for the value of the coupon form the manufacturer. Coupons act as a short run
stimulus to the sale of the product, since they are directly tied with the purchase of
the item. They encourage the retailer to stock the product.
What is important is that a coupon offer does not spoil the named price of the
brand nor does it un pair the margin of the dealers. But it is not easy to measure
the effectiveness of a coupon offer. One over knows how many customer would
have bought the product without the incentive. It is also difficult to find out how
many customers were held after the coupon offer expired.
2. Price-off-offer (Also known as bargain offer price packs) :-
This offer is intended to stimulate the sales during a slump season. In this method
the customer is offered a reduction from the printed price list. It is also used when
a substitute for competing product enters the market.
Many experts on sales promotion fed that ‘Off Schemes’ are among the weaker
and less desirable methods of promotion. These can be trade resentment
particularly when the retailer raises the price to retain his margin. Secondly that is
not conductive to building up brand loyalty. Consumers may simply shift to the
products that offer this scheme.
3. Samples :-
In the hope of converting a prospect into a customer a sample (Some quantity of
the product) may be given. This helps the consumer to verify the real quality of the
product. Various pair manufacturing companies offer this method. For developing
brand loyalty this method is quite useful. Sampling is a fast method of demand
creation because one knows the result as soon as the consumer has had time to use
the sample and buy the brand.
13. Disadvantage of Sampler :-
Offering sample in quit expensive. There is the cost of producing samples. The
distribution costs are also high. Sample have to be mailed to potential customers or
to be distributed through retail shops. There are also problems when the real
product does not resemble the sample supplied.
4. Money Refund Offer :-
An offer usually stated on the package is that manufacturers will return with in a
stated period part or all of the purchaser’s money if he is not completely satisfied
with the product.
5. Trading Stamps :-
A premium in the form of stamps is given by the sellers to consumers while selling
goods. The number and value of stamp that the buyer receives depends on the
values of the purchase. These stamps are redeemable through premium catalogues
at the stamp redemption centres.
6. Buy-Back Allowance :
This an allowance following a previous trade deal not offer a certain amount of
money for new purchases based on the quantity of purchases on the first trade
deal. It extends the life of a trade deal and helps to prevent part deal sales decline.
It greatly strengthens the buyer’s motivation to co-operate on the first deal.
7. Premium :-
There are various forms of premiums provided by the manufacturer as sales
promotional devices :-
14. (a) Coupons are supplied for effecting price reductions.
(b) Factory in pack premium these are popular in the case of Body food and Tin
food items, Spoons, Cups, Measuring, Glass etc. and such other items are packed
with the product in the box itself. Factory in pack premium are particularly goods
for product meant for children. The Binaca Toothpaste packs contain animal shape
toys. These are very attractive and qutie popular among the children.
(c) Self Liquidating Premiums :-
The cost of the premium is collected from the buyer himself. But when the buyers
pays for it he has to pay only a considerably low price for the premium. This is
possible for the manufacturer purchases the items in bulk at a premium and his
cost per unit as is substantially low.
Other Steps by Manufacturer for Promoting Sales
Dealers can be helps in different ways :-
1. Communicating Market News :-
Often this service is reciprocal the manufacturer may acquaint his dealer with the
fact relating to his production and prices while the dealer may familiarize him in
return with the information bearing on charges in the consumer's demand, their
like and dislike complaints and criticism, substitutes etc.
2. Inviting to Sales Conference and Convention :-
The gestures of regard and respect pave the way for better relation and co-
15. operation.
3. Offering Reasonable Terms of Sale :-
Of all the forms of encouragement, the monetary incentive evokes immediate
response. Hence every producer must offer the most responsible terms of sale such
as longer periods of credit and higher rates of descants.
4. Supplying suitable packages and useful things.
5. By taking the return back.
6. By furnishing them with sales literature and display materials.
Aggressive Selling
Meaning :-
Goods are produced for market. Manufacturers have to make efforts to sell all
they produce. When the manufacturers uses various sales efforts to obtain
increased sales volume for his product it is called aggressive selling or offensive
selling. The sales efforts which a manufacturer makes to retain his customers i.e.
to protect his already established market against against his competitors is termed
as defensive selling. In contrast to this aggressive selling is concerned with the
sales efforts made with the express objective of selling more by expanding the
market for the product of the selling firm.
Aggressive Selling and Defensive Selling :-
Aggressive selling is based on the answer to the question how much does the firm
16. gain (in term of sales with profit) by using this method defensive selling is based
on consideration as to how much the firm will lose if it does not use this method
increase of sales can be obtained from two sources:-
1. New customers if the market is expending.
2. From the competitors i.e. those consumers who were purchasing similar product
of competiting firms, if the market for the product is static.
Acc. to H. Whitehead :-
"In case of an expanding market all the firm may stand to gain by following the
methods of aggressive selling but if the market is static manufacturer of a new
market will have to be much more aggressive to capture the established market of
competitors".
When Aggressive selling is resorted ?
Usually manufacturer of a new product has to do aggressive selling :-
1. When the product has been improved.
2. When the manufacturer’s product is supervisor in quality to the product of the
established competitor.
3. When the total market for the product or line of product to expanding.
4. If the manufacturer’s share of the market is comparatively small.
5. If the manufacturer has unused production capacity with heavy investment in
plant and equipment he will like to develop the demand for his product rapidly so
that demand for his product is equal to the optimum production capacity of his
17. plant ; and
6. When primary demand for a product must be created and provision must be
made in the channel of distribution to educate consumers regarding the new
product and to instruct them in its use.
Method of Aggressive Selling :-
Sales promotion efforts use for aggressive selling may be divided in two classes.
1. Trade Promotion.
2. Consumer Promotion.
1. Trade Promotion :-
Under trade promotion methods special incentives are offered to the trader to buy
products of the firm. Such incentive may take one or more of the following firm :-
(a) Cash Allowance :-
A definite percentage of discount is allowed on the purchase of given unit of a
product.
(b) Extra Product :-
Instead of giving any cash allowance extra product is given with each unit of
product ordered. For instance if a box normally contains 20 Cakes of Soap, special
box contains 25 cakes may be made and sold at the same price as that of the box of
20 cakes.
(c) Gifts :-
18. Various gifts are awarded in return for an order of a particular magnitude.
2. Consumer Promotion :-
Under consumer promotion method special incentives are offered to the
consumers to buy the firms product. The more prominent amongst such incentives
are as following.
(a) Coupons :-
A coupon of a giving value is sent to the consumer. By presenting this coupon to
the retailer consumers can purchase a particular product mentioned on the coupon
at a reduced price. The retailer sells the products mentioned. In the coupon to such
consumer (consumers presenting the coupons) under and agreement with the
manufacturer at a price lower than the user retail price. Thus the consumer get the
benefit of reduced price to the extent of the value of the coupons.
(b) Self Liquidating Offers :-
Under this system, the firm offers an article at an attracting price if the consumer
send a given sum of money accompanied by a given number of box tops from the
packages of a particular product the benefit to the consumer is that he receives the
articles at a bargain price.
(c) Bargain Packs :-
Under this system a product is sold at a reduced price for a short period Bargain
pack method encourages new consumers to try the product. It is also helpful in
obtaining large displays in the shops.
19. (d) Sampling :-
The method involves giving the product or a small quantity of the product to a
consumer free with the hope that the customer will be favourable impressed with
its actual use and will eventually become a regular purchaser of the product.
A firm selling new product or an extensively improved product finds this methods
useful. Also a firm whose market is hold by competitors whose free sampling
almost expensive.
The above mentioned methods may be reinforced by adopting.
(i) Direct method of selling through.
(ii) Offer of door to door selling.
(iii) Hire purchase and installment payment methods of selling and by forming
combination.
Other Methods of Aggressive Selling :-
(i) Employment of ‘Missionary Salesman also known as Promotional Salesman’.
These salesman call upon retailers and aggressively promote a product.
(ii) Instead of using wholesalers, the firm may develop its own sales force to call
directly on retailers.
(iii) The firm may follow a compromise method by employing a manufacturer’s
agent and giving him a large enough commission to encourage him to sell product
intensively and aggressively.
(iv) New territory exploitation sales promotion has a particularly important role in
20. developing the company’s product in new territories.
(v) Increment and promotions.
(vi) Letters to dealer and Customer.
In fact, an ingenious sales manager can devise any number of incentives schemes
for promoting the sales volume.
Project Report on Sales Promotion Schemes .................
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