This document provides background information on Daikin, including its history and profile. Some key points:
- Daikin was founded in 1924 in Japan and is a global leader in air conditioning systems.
- It entered the Indian market in 2000 and has gained market share through innovative products and quality.
- The document discusses the history and development of air conditioning technology from ancient times to modern mechanical and electrical innovations. Pioneers mentioned include Benjamin Franklin, Michael Faraday, John Gorrie, and Willis Carrier.
- It provides an overview of Daikin's operations in India and its goal to become a leader in the HVAC segment through premium products and services.
Daikin is a Japanese multinational company founded in 1924 that is now the world's largest air conditioning manufacturer. It has over 60,000 employees across 28 group companies and a presence in 145 countries. In India, Daikin established its first manufacturing plant in Neemrana in 2008 and has since become the top HVAC company in India in terms of revenue. Key to Daikin's success is its focus on energy-efficient and environmentally-friendly technologies like its inverter air conditioners, VRV systems, and use of refrigerant R32. Daikin India aims to provide the most advanced air conditioning solutions while ensuring customer satisfaction and establishing its brand as one of trust in the country.
The document provides an overview of the Philips brand in India, including details about its product portfolio in healthcare, lighting, and consumer lifestyle segments, as well as discussing its objectives to improve the customer experience and brand distribution. It also examines Philips' competition in India, how it positions itself around sense and simplicity, and its communications strategies across various marketing channels both online and offline.
This document provides background information on Pidilite Industries Ltd. and its popular Fevicol brand of adhesives. It discusses the company's history beginning in 1961, key acquisitions and mergers over the decades, and new product lines. The logo and branding of Pidilite and Fevicol are explained. An overview is given of the 4Ps of marketing - product, price, place, and promotion - as they relate to Pidilite's marketing strategy.
This presentation contain the whole journey of Nirma. Also, i add pictures to make it more attractive and help to memorize it when presenting it to audiences.
Philips started in 1891 in Eindhoven, Netherlands manufacturing carbon filament lamps. It faced competition in 1970-1995 from Japanese electronics companies, forcing it to close less profitable factories. To reduce costs, Philips began sharing R&D with other companies. A new branding campaign in the 1990s emphasized improving lives through technology solutions. Market research found consumers saw Philips as reliable and preferred simplicity. The rebranding focused on benefits of technology without complexity. This increased Philips' brand value to $10.9 billion in 2015.
Management involves planning, organizing, directing and controlling an organization to achieve its objectives. A manager is responsible for running the organization by motivating employees to complete work while coordinating activities. Management is a process that involves four key functions - planning, organizing, leading and controlling. Managers require skills in human interaction, technical knowledge, and conceptual abilities to be effective. Cadbury is a global confectionery company that has faced issues like product quality complaints but addressed them through communication and packaging changes to rebuild trust. It aims to grow through acquisitions and brand expansion while maintaining profitability and financial stability.
1) The document summarizes a study on consumer satisfaction with Vadilal products in the Dharampur region of India. Data was collected through a survey of 100 Vadilal customers.
2) The findings show that Vadilal has the highest brand recognition and customer satisfaction levels compared to competitors like Amul and Mother Dairy. Ice cream and mango pulp were the most preferred products.
3) Most customers purchase Vadilal products weekly from retail stores and are satisfied with the price, quality, and service. The study suggests Vadilal expand its flavor offerings and improve the taste of mango pulp to increase customer satisfaction further.
This document provides an overview of LG Electronics, including its history, vision, product lines, marketing strategies, competitive analysis, and awards. Key points include: LG was founded in 1958 as a merger between two Korean companies and is now a global leader in electronics; its product lines span appliances, TVs, computers, phones and more; innovative marketing includes sports sponsorships and product localization; and LG has research facilities in India and a leading position in several product categories.
Daikin is a Japanese multinational company founded in 1924 that is now the world's largest air conditioning manufacturer. It has over 60,000 employees across 28 group companies and a presence in 145 countries. In India, Daikin established its first manufacturing plant in Neemrana in 2008 and has since become the top HVAC company in India in terms of revenue. Key to Daikin's success is its focus on energy-efficient and environmentally-friendly technologies like its inverter air conditioners, VRV systems, and use of refrigerant R32. Daikin India aims to provide the most advanced air conditioning solutions while ensuring customer satisfaction and establishing its brand as one of trust in the country.
The document provides an overview of the Philips brand in India, including details about its product portfolio in healthcare, lighting, and consumer lifestyle segments, as well as discussing its objectives to improve the customer experience and brand distribution. It also examines Philips' competition in India, how it positions itself around sense and simplicity, and its communications strategies across various marketing channels both online and offline.
This document provides background information on Pidilite Industries Ltd. and its popular Fevicol brand of adhesives. It discusses the company's history beginning in 1961, key acquisitions and mergers over the decades, and new product lines. The logo and branding of Pidilite and Fevicol are explained. An overview is given of the 4Ps of marketing - product, price, place, and promotion - as they relate to Pidilite's marketing strategy.
This presentation contain the whole journey of Nirma. Also, i add pictures to make it more attractive and help to memorize it when presenting it to audiences.
Philips started in 1891 in Eindhoven, Netherlands manufacturing carbon filament lamps. It faced competition in 1970-1995 from Japanese electronics companies, forcing it to close less profitable factories. To reduce costs, Philips began sharing R&D with other companies. A new branding campaign in the 1990s emphasized improving lives through technology solutions. Market research found consumers saw Philips as reliable and preferred simplicity. The rebranding focused on benefits of technology without complexity. This increased Philips' brand value to $10.9 billion in 2015.
Management involves planning, organizing, directing and controlling an organization to achieve its objectives. A manager is responsible for running the organization by motivating employees to complete work while coordinating activities. Management is a process that involves four key functions - planning, organizing, leading and controlling. Managers require skills in human interaction, technical knowledge, and conceptual abilities to be effective. Cadbury is a global confectionery company that has faced issues like product quality complaints but addressed them through communication and packaging changes to rebuild trust. It aims to grow through acquisitions and brand expansion while maintaining profitability and financial stability.
1) The document summarizes a study on consumer satisfaction with Vadilal products in the Dharampur region of India. Data was collected through a survey of 100 Vadilal customers.
2) The findings show that Vadilal has the highest brand recognition and customer satisfaction levels compared to competitors like Amul and Mother Dairy. Ice cream and mango pulp were the most preferred products.
3) Most customers purchase Vadilal products weekly from retail stores and are satisfied with the price, quality, and service. The study suggests Vadilal expand its flavor offerings and improve the taste of mango pulp to increase customer satisfaction further.
This document provides an overview of LG Electronics, including its history, vision, product lines, marketing strategies, competitive analysis, and awards. Key points include: LG was founded in 1958 as a merger between two Korean companies and is now a global leader in electronics; its product lines span appliances, TVs, computers, phones and more; innovative marketing includes sports sponsorships and product localization; and LG has research facilities in India and a leading position in several product categories.
Koninklijke Philips Electronics N.V. (Royal Philips Electronics) was founded in 1891 in the Netherlands and has grown to become a global leader in health technology, lighting and consumer electronics. It manufactures over 50,000 products across 100 countries and reported sales of $30.97 billion in 2019. Throughout its history, Philips has continually invested in new technologies and research and development. However, it now faces challenges from low-cost Japanese consumer electronics competitors. To address this, Philips launched a "Sense and Simplicity" marketing strategy in 2004 focused on easy-to-use products, but risks consumer distrust if it does not address electronic waste responsibility.
This document provides an overview of Blue Star Ltd, an Indian air conditioning company. Some key points:
- Blue Star was founded in 1943 and has grown to become India's largest central air conditioning company with annual turnover of Rs 2270 crores.
- It has 5 manufacturing facilities in India that use state-of-the-art equipment to produce consistent, high quality products.
- Blue Star's vision includes delivering excellent customer experience, profitable growth, and being a responsible corporate citizen.
- Some major milestones in Blue Star's history include establishing manufacturing operations, securing major agency partnerships, and executing large projects in India and the Middle East.
- Blue Star has rigorous manufacturing processes that utilize
Royal Philips Electronics is a Dutch multinational conglomerate founded in 1891. Headquartered in Amsterdam, Philips has diversified operations in healthcare, lighting, and consumer electronics. In 2014, Philips reported revenues of €21.39 billion from its 105,365 employees across more than 60 countries. Philips has undergone restructuring initiatives to address financial struggles and shift to a more technology-focused brand known for innovation in areas like lighting solutions, healthcare equipment, and male grooming products.
Maggi is a popular instant noodle brand launched in India by Nestle in 1983. It was introduced when instant noodles were not well known, and Maggi educated consumers about the convenience of ready-to-eat noodles. While it faced competition over the years from other brands like Top Ramen, Maggi remained the market leader through product innovations like vegetable atta noodles and new flavors. Nestle aims to continuously understand changing lifestyles in India to provide tasty, nutritious, and convenient food options under the Maggi brand like cuppa mania noodles. The future focus is on growing the market through new launches.
This document provides information about refrigerators as a product sector in India. It discusses key details such as prominent players in the market including Videocon, LG, Samsung, Whirlpool and Godrej. It analyzes the market share of companies and regional sales data. A SWOT analysis is presented for the refrigerator sector and individual companies. An operational strategy is outlined covering aspects like location, manufacturing process, marketing strategy and distribution strategy. The document also discusses components and pricing for single and double door refrigerator models. A plant layout, distribution approach and exit strategies are presented.
- LG Electronics was established in 1958 in Korea and has become a major global electronics company with sales of US$43 billion and operations in 76 countries.
- LG launched its Scarlet TV series in 2007, featuring a thin design, intelligent sensor technology, and advanced picture and sound technologies.
- LG promoted the Scarlet TV aggressively through advertising, celebrity events, and sponsorships to increase awareness of the new TV series launch.
LG Electronics is a South Korean multinational electronics company headquartered in Seoul. It has four business units: Home Entertainment, Mobile Communications, Home Appliance & Air Solution, and Vehicle Components. In India, LG entered the market in 1997 and launched products like color TVs, refrigerators, and washing machines. It has a strong presence in the Indian refrigerator market, holding about 23% share. LG focuses on production and sales of air conditioners, TVs, refrigerators, washing machines, and mobile phones. It has manufacturing plants in India and worldwide and uses a network of warehouses, regional offices, dealers and retailers to distribute products across the country.
Vaseline body lotion_BM_Ayush Gutgutia_PGP30368Sameer Mathur
Hindustan Unilever Limited (HUL) is considering extending its Vaseline brand into the body lotion category. Vaseline is currently the largest brand in HUL's body care segment. The document discusses HUL's market leadership in the skin care industry in India and Vaseline's brand positioning. It also analyzes the market size and growth potential for body lotions. Finally, it proposes two new Vaseline body lotion products - Total Moisture Lotion and Healthy White Skin Whitening Lotion - with details on ingredients, packaging, pricing and distribution.
This document provides information about an Indian multinational corporation founded in 1945 that provides IT, consulting, and business process services. It is headquartered in Bangalore and has conducted PESTEL and SWOT analyses. The PESTEL analysis examines political, economic, social, technological, environmental, and legal factors. The SWOT analysis identifies strengths like continuous innovation and skilled employees, weaknesses like overdependence on mature markets, and opportunities and threats in various areas.
Stanford University Case Study: Novo Nordisksstrumello
Novo Nordisk was historically the second largest producer of insulin in the world in 1981, supplying 25% of global demand. While it dominated the European market, it held less than 5% share in the large and lucrative US market, which was dominated by Eli Lilly at 83% share. By 1995, the insulin industry had consolidated significantly due to changes in technology, regulation, and competition. Novo broadened its product portfolio and global presence but continued to trail Eli Lilly in the important US market. Managing this competitive challenge would be a focus for Novo Nordisk's leadership going forward.
Samsung was founded in 1938 and initially operated as a trading company. It has since diversified and is now a multinational conglomerate with interests in electronics, engineering, shipbuilding, and more. Samsung Electronics is the flagship subsidiary and is the world's largest information technology company, focusing on areas like digital media, semiconductors, telecommunications, and LCD appliances. The company is known for innovating new product categories like phablets and smartwatches, and for its marketing strategies that emphasize accessibility and enhancing people's lives through technology.
During my Global Issues in Marketing course (BAMK-495). We where assigned the task of conducting an innovation analysis of Philips the Netherlands based electronics company. Our team came up with a wonderful presentation that capture how Philips is innovative with their products and how they plan to innovate their products in the future.
Havells India Ltd is an end-to-end solution provider in the power distribution equipment industry founded in 1958. It has a workforce of over 8,000 employees across 7 manufacturing units in India and 8 overseas. Havells distributes its brands such as Crabtree, Sylvania, and Concord through 91 branch offices, over 2,000 authorized dealers and thousands of approved retail outlets serving over 50 countries globally. The company promotes its brands through sponsorship of cricket events and operates direct sales points called "Havells Galaxy" and retailer learning centers named "Havells World".
Philips is a large electronics company that has divisions for sound and vision products, household products, and personal care products. It underwent a rebranding strategy called "sense and simplicity" that emphasized how Philips' technological solutions can improve people's lives. This new branding position proved successful for Philips. However, it also faces risks if it does not deliver on its claims of providing cost-effective, easy to use, and reliable products. To ward off competition from Japanese electronics manufacturers, Philips can develop large automated plants, use more influential advertising including emotional branding, and offer product discounts.
This document outlines a sales plan for ASUS Company to expand sales of their low-price tablet, computer, and smartphone products in Vietnam. It analyzes the target market, competitors, customer needs, and Vietnam market conditions. The plan proposes marketing strategies such as offering multiple screen sizes and customization options, online and retail distribution, social media promotions, and competitive pricing with value-added upgrades to increase sales and market share. Financial forecasts project revenue, costs, expenses, and profit over the next year as the plan is implemented.
The cosmetics industry is growing globally, especially in emerging markets like China, Brazil, India, and Japan. The Indian cosmetics market is growing at around 17% annually due to increasing pollution, internet and TV exposure, and demand for herbal products. Key ingredients in cosmetics include castor oil, cerebrosides, and strong colors. Strategic operations involve research and development, distribution through various channels, efficient supply chain management, and increasing production capacity through benchmarking and quality standards. Case studies on L'Oreal, Role of Penske Logistics, and Emami show how companies address challenges through technology, specialized logistics professionals, and direct rural distribution to increase sales volumes.
Wipro (Western India Products ltd) - A presentationAkash Kshirsagar
Wipro is an Indian multinational IT company headquartered in Bangalore. It provides comprehensive IT solutions and services including systems integration, consulting, outsourcing, and R&D. As of 2015, Wipro had over 158,000 employees serving 900+ Fortune 1000 companies in 67 countries. The presentation summarizes Wipro's history, board of directors, services, group companies, global presence, achievements, CSR activities, and financial performance from 2011-2015 with annual sales reaching over 41,210 crores and net profit of over 8,193 crores in 2015.
The document is a presentation for a term project on air fresheners in the Indian market. It discusses the market size and segments, prominent brands and their positioning, a SWOT analysis of Dabur India and Odonil, and a proposal for Odonil to enter the car air freshener segment. It provides marketing mix details for the proposed Odonil Breeze car air freshener and reasons for choosing this brand extension, concluding with a bibliography.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise boosts blood flow and levels of neurotransmitters and endorphins which elevate and stabilize mood.
The document outlines the Governor's office organizational chart for South Dakota. Dennis Daugaard is the Governor and Linda Daugaard is the First Lady. The Lieutenant Governor is Matt Michels and handles legislative relationships, health care reform, and special projects. The Senior Advisor to the Governor is Deb Bowman who oversees social services, health, and human services. The Chief of Staff is Dusty Johnson who manages several cabinet areas including tourism, agriculture, and transportation.
Koninklijke Philips Electronics N.V. (Royal Philips Electronics) was founded in 1891 in the Netherlands and has grown to become a global leader in health technology, lighting and consumer electronics. It manufactures over 50,000 products across 100 countries and reported sales of $30.97 billion in 2019. Throughout its history, Philips has continually invested in new technologies and research and development. However, it now faces challenges from low-cost Japanese consumer electronics competitors. To address this, Philips launched a "Sense and Simplicity" marketing strategy in 2004 focused on easy-to-use products, but risks consumer distrust if it does not address electronic waste responsibility.
This document provides an overview of Blue Star Ltd, an Indian air conditioning company. Some key points:
- Blue Star was founded in 1943 and has grown to become India's largest central air conditioning company with annual turnover of Rs 2270 crores.
- It has 5 manufacturing facilities in India that use state-of-the-art equipment to produce consistent, high quality products.
- Blue Star's vision includes delivering excellent customer experience, profitable growth, and being a responsible corporate citizen.
- Some major milestones in Blue Star's history include establishing manufacturing operations, securing major agency partnerships, and executing large projects in India and the Middle East.
- Blue Star has rigorous manufacturing processes that utilize
Royal Philips Electronics is a Dutch multinational conglomerate founded in 1891. Headquartered in Amsterdam, Philips has diversified operations in healthcare, lighting, and consumer electronics. In 2014, Philips reported revenues of €21.39 billion from its 105,365 employees across more than 60 countries. Philips has undergone restructuring initiatives to address financial struggles and shift to a more technology-focused brand known for innovation in areas like lighting solutions, healthcare equipment, and male grooming products.
Maggi is a popular instant noodle brand launched in India by Nestle in 1983. It was introduced when instant noodles were not well known, and Maggi educated consumers about the convenience of ready-to-eat noodles. While it faced competition over the years from other brands like Top Ramen, Maggi remained the market leader through product innovations like vegetable atta noodles and new flavors. Nestle aims to continuously understand changing lifestyles in India to provide tasty, nutritious, and convenient food options under the Maggi brand like cuppa mania noodles. The future focus is on growing the market through new launches.
This document provides information about refrigerators as a product sector in India. It discusses key details such as prominent players in the market including Videocon, LG, Samsung, Whirlpool and Godrej. It analyzes the market share of companies and regional sales data. A SWOT analysis is presented for the refrigerator sector and individual companies. An operational strategy is outlined covering aspects like location, manufacturing process, marketing strategy and distribution strategy. The document also discusses components and pricing for single and double door refrigerator models. A plant layout, distribution approach and exit strategies are presented.
- LG Electronics was established in 1958 in Korea and has become a major global electronics company with sales of US$43 billion and operations in 76 countries.
- LG launched its Scarlet TV series in 2007, featuring a thin design, intelligent sensor technology, and advanced picture and sound technologies.
- LG promoted the Scarlet TV aggressively through advertising, celebrity events, and sponsorships to increase awareness of the new TV series launch.
LG Electronics is a South Korean multinational electronics company headquartered in Seoul. It has four business units: Home Entertainment, Mobile Communications, Home Appliance & Air Solution, and Vehicle Components. In India, LG entered the market in 1997 and launched products like color TVs, refrigerators, and washing machines. It has a strong presence in the Indian refrigerator market, holding about 23% share. LG focuses on production and sales of air conditioners, TVs, refrigerators, washing machines, and mobile phones. It has manufacturing plants in India and worldwide and uses a network of warehouses, regional offices, dealers and retailers to distribute products across the country.
Vaseline body lotion_BM_Ayush Gutgutia_PGP30368Sameer Mathur
Hindustan Unilever Limited (HUL) is considering extending its Vaseline brand into the body lotion category. Vaseline is currently the largest brand in HUL's body care segment. The document discusses HUL's market leadership in the skin care industry in India and Vaseline's brand positioning. It also analyzes the market size and growth potential for body lotions. Finally, it proposes two new Vaseline body lotion products - Total Moisture Lotion and Healthy White Skin Whitening Lotion - with details on ingredients, packaging, pricing and distribution.
This document provides information about an Indian multinational corporation founded in 1945 that provides IT, consulting, and business process services. It is headquartered in Bangalore and has conducted PESTEL and SWOT analyses. The PESTEL analysis examines political, economic, social, technological, environmental, and legal factors. The SWOT analysis identifies strengths like continuous innovation and skilled employees, weaknesses like overdependence on mature markets, and opportunities and threats in various areas.
Stanford University Case Study: Novo Nordisksstrumello
Novo Nordisk was historically the second largest producer of insulin in the world in 1981, supplying 25% of global demand. While it dominated the European market, it held less than 5% share in the large and lucrative US market, which was dominated by Eli Lilly at 83% share. By 1995, the insulin industry had consolidated significantly due to changes in technology, regulation, and competition. Novo broadened its product portfolio and global presence but continued to trail Eli Lilly in the important US market. Managing this competitive challenge would be a focus for Novo Nordisk's leadership going forward.
Samsung was founded in 1938 and initially operated as a trading company. It has since diversified and is now a multinational conglomerate with interests in electronics, engineering, shipbuilding, and more. Samsung Electronics is the flagship subsidiary and is the world's largest information technology company, focusing on areas like digital media, semiconductors, telecommunications, and LCD appliances. The company is known for innovating new product categories like phablets and smartwatches, and for its marketing strategies that emphasize accessibility and enhancing people's lives through technology.
During my Global Issues in Marketing course (BAMK-495). We where assigned the task of conducting an innovation analysis of Philips the Netherlands based electronics company. Our team came up with a wonderful presentation that capture how Philips is innovative with their products and how they plan to innovate their products in the future.
Havells India Ltd is an end-to-end solution provider in the power distribution equipment industry founded in 1958. It has a workforce of over 8,000 employees across 7 manufacturing units in India and 8 overseas. Havells distributes its brands such as Crabtree, Sylvania, and Concord through 91 branch offices, over 2,000 authorized dealers and thousands of approved retail outlets serving over 50 countries globally. The company promotes its brands through sponsorship of cricket events and operates direct sales points called "Havells Galaxy" and retailer learning centers named "Havells World".
Philips is a large electronics company that has divisions for sound and vision products, household products, and personal care products. It underwent a rebranding strategy called "sense and simplicity" that emphasized how Philips' technological solutions can improve people's lives. This new branding position proved successful for Philips. However, it also faces risks if it does not deliver on its claims of providing cost-effective, easy to use, and reliable products. To ward off competition from Japanese electronics manufacturers, Philips can develop large automated plants, use more influential advertising including emotional branding, and offer product discounts.
This document outlines a sales plan for ASUS Company to expand sales of their low-price tablet, computer, and smartphone products in Vietnam. It analyzes the target market, competitors, customer needs, and Vietnam market conditions. The plan proposes marketing strategies such as offering multiple screen sizes and customization options, online and retail distribution, social media promotions, and competitive pricing with value-added upgrades to increase sales and market share. Financial forecasts project revenue, costs, expenses, and profit over the next year as the plan is implemented.
The cosmetics industry is growing globally, especially in emerging markets like China, Brazil, India, and Japan. The Indian cosmetics market is growing at around 17% annually due to increasing pollution, internet and TV exposure, and demand for herbal products. Key ingredients in cosmetics include castor oil, cerebrosides, and strong colors. Strategic operations involve research and development, distribution through various channels, efficient supply chain management, and increasing production capacity through benchmarking and quality standards. Case studies on L'Oreal, Role of Penske Logistics, and Emami show how companies address challenges through technology, specialized logistics professionals, and direct rural distribution to increase sales volumes.
Wipro (Western India Products ltd) - A presentationAkash Kshirsagar
Wipro is an Indian multinational IT company headquartered in Bangalore. It provides comprehensive IT solutions and services including systems integration, consulting, outsourcing, and R&D. As of 2015, Wipro had over 158,000 employees serving 900+ Fortune 1000 companies in 67 countries. The presentation summarizes Wipro's history, board of directors, services, group companies, global presence, achievements, CSR activities, and financial performance from 2011-2015 with annual sales reaching over 41,210 crores and net profit of over 8,193 crores in 2015.
The document is a presentation for a term project on air fresheners in the Indian market. It discusses the market size and segments, prominent brands and their positioning, a SWOT analysis of Dabur India and Odonil, and a proposal for Odonil to enter the car air freshener segment. It provides marketing mix details for the proposed Odonil Breeze car air freshener and reasons for choosing this brand extension, concluding with a bibliography.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise boosts blood flow and levels of neurotransmitters and endorphins which elevate and stabilize mood.
The document outlines the Governor's office organizational chart for South Dakota. Dennis Daugaard is the Governor and Linda Daugaard is the First Lady. The Lieutenant Governor is Matt Michels and handles legislative relationships, health care reform, and special projects. The Senior Advisor to the Governor is Deb Bowman who oversees social services, health, and human services. The Chief of Staff is Dusty Johnson who manages several cabinet areas including tourism, agriculture, and transportation.
Role of mass media in b2 b and b2c marketing of electronic gadgets in lucknow...khanahmad0711
This document is a research project report submitted by Ahmad Husain Khan toward partial fulfillment of an MBA degree. The report examines the role of mass media in business-to-business and business-to-customer marketing of electronic gadgets, specifically tablet PCs, in Lucknow city. It includes an introduction discussing mass media and business-to-business and business-to-customer concepts. The report was conducted under the guidance of Dr. Surendra Kumar and analyzed user responses to determine which tablet PC brands perform best and are most preferred by customers in Lucknow.
Sarma Trading Company is proposing to establish a wheat flour processing unit in Agartala, Tripura with a production capacity of 450 metric tons per month. The project will produce wheat flour and by-products such as bran and dalia. Wheat is the second most consumed cereal in India after maize. The main wheat varieties grown are hard red winter wheat, soft wheat, and durum wheat. The proposed plant will process locally grown wheat into products like atta (wheat flour) and maida to supply domestic and international markets. The project aims to leverage Tripura's agrarian potential and generate local employment and income.
This document provides background information on the steel industry. It discusses the history of steel production dating back to ancient China. It then discusses the global steel industry, noting recent years of growth in supply and demand. For the Indian steel industry, it outlines the development of major steel plants after independence, with Steel Authority of India (SAIL) now accounting for over 40% of production. It positions steel as crucial for modern development and notes India's steel industry is growing to meet rising domestic and export demand from key sectors.
This document provides a market analysis and overview of LG consumer durables and dealer development in India. It finds that the consumer durables market in India is growing rapidly due to rising incomes, access to financing, and increased consumer awareness. LG has a 26% market share in India and is investing heavily in R&D, branding, and expanding its after-sales service program. The project involved analyzing LG's display share, sales, dealer capabilities, and service issues in stores in the Pune region. It was found that most stores met LG's 50% display share goal but that a lack of follow up calls and demo services was a problem, highlighting opportunities for LG.
Orgniziation study of sri sai rice mill bba project reportBabasab Patil
This document provides an overview of Sri Sai Rice Industries, a rice milling company located in Gangavati, Karnataka, India. Some key details include:
- The company was established in 2007 as a partnership firm with four partners.
- It produces various types of rice such as sona masoori, basmati, and swarna through milling processes that remove hulls and bran from paddy grains.
- The company aims to achieve national dominance in the rice sector through investments in automation and a focus on customer satisfaction.
- An organizational study was conducted over one month to understand the company's operations, functional departments, strategies, culture and areas for improvement.
This document provides a summary of a summer project report analyzing dealer satisfaction with Videocon in the Mumbai central region. Key findings include:
1) A survey of 45 dealers found that Samsung had the highest quality rating while Videocon had the lowest scores for demonstration/installation and after-sales service.
2) Issues for Videocon included a lack of follow-up calls, delays in replacing faulty products and obtaining spare parts, and low compensation for product demonstrators.
3) Recommendations were to increase demonstrator pay, prioritize spare parts availability, improve product training, form a quality control team, and adjust costs for replacements. Addressing these areas could help enhance dealer satisfaction with Videocon.
The document appears to be a marketing analysis report for Videocon Industries Ltd, an Indian consumer electronics and home appliances company. It provides an overview of Videocon's business sectors, organizational structure, production processes, and marketing strategies. The analysis also examines the consumer electronics industry, Videocon's competitors, and performs a SWOT analysis of the company.
Parisons Liberty Pvt. Ltd is a multifaceted company that started in 1992 and has since grown into a leading producer and marketer of wheat products and edible oils in Kerala, India. It owns and operates several flour mills and edible oil production facilities with a total wheat and oil processing capacity of over 1000 tons per day. The company's success and growth over the years is attributed to its commitment to quality and customers.
Global Business Strategy of British Petroleum (BP)Faysal Alam
This document provides information about globalization and BP. It discusses the key features and advantages/disadvantages of globalization. It then provides a brief history of BP, outlining its mission, vision, organizational structure, key facts and figures. It describes BP's four core values of being progressive, innovative, green, and performance-driven. Finally, it lists some of BP's major product and service brands such as BP, Aral, and others.
This document discusses different aspects of products and marketing mix. It defines what a product is, different types of products including goods and services. It describes the levels of a product from core benefit to actual and augmented product. It discusses types of consumer products based on consumer buying behavior and marketing considerations. It also defines industrial products and explains the three levels of product and service decisions - individual, product line, and product mix decisions.
Marketing can be defined as a process of socializing or communicating the value of product or service to the customers with the objective to sell products or services. It is actually a very critical function of business which focuses towards attracting the customers (Kotler, 2001). If properly planned and executed, marketing aims at getting far better results in form of increased sales, brand /image building, higher revenues, etc. The aim of this report is to provide an understanding of how marketing, research, planning and marketing mix are used in all organizations (Palmer, 2012). Marketing not only earns profitability to the marketers but also to the customers, as they have all the options in front of them to choose the best among the available ones (Palmer, 2012). Marketing is done with the aim of selling goods, services, events, experiences, ideas, people, businesses, information, awareness programs etc.
Chapter 5 Personality And Consumer BehaviorAvinash Kumar
The document discusses theories of personality and how they relate to consumer behavior. It covers Freudian theories that see consumption as reflecting unconscious drives. Neo-Freudian theory examines social relationships and feelings of inferiority. Trait theory views personality as traits like innovativeness and dogmatism that influence choices. Cognitive factors like need for cognition also affect responses to ads. Materialism and compulsive buying are examined. Color and product personalities are discussed in how they shape brand perceptions.
The document discusses various aspects of pricing strategy and methods. It defines pricing strategy as a plan for setting prices that considers factors like costs, competition, and demand. Some key determinants in setting prices are organizational objectives, costs, competition, and buyers' perceptions. Common pricing methods include cost-based pricing, demand-based pricing, and competition-based pricing. A company's pricing policy guides its overall pricing approach and specific pricing methods are then used to set prices regularly.
A project report on consumer preferences in selected brands (whirlpool, video...Projects Kart
This document is a dissertation report submitted to Kurukshetra University in partial fulfillment of an MBA degree. It examines consumer preferences for refrigerators between 200-liter brands (Whirlpool, Videocon, LG) in Yamuna Nagar based on price, brand name, quality, and after-sales service. The introduction provides background on consumer behavior and defines relevant terms. It also gives an overview of refrigerators and the brands studied. The document includes sections on objectives, literature review, research methodology, results and findings, recommendations, and references. The primary research method was a questionnaire survey of 100 refrigerator consumers in the Yamuna Nagar region.
Automotive air conditioning training manualTaufiq Atan
Here are the key points about scroll compressors:
- They have two interleaved spiral wraps, one fixed and one orbiting, that work like a scroll to progressively fold refrigerant vapor into higher pressures.
- They are more efficient than reciprocating piston compressors since there are no suction or discharge valves and minimal leakage.
- They operate more smoothly and quietly than piston compressors due to their continuous compression process versus the pulsating action of pistons.
- Common failures include worn or damaged scrolls, seized orbiting scroll, faulty bearings, or electrical issues with the motor.
- Like other compressors, they require proper lubrication and refrigerant charge for optimal performance.
- Scroll
0601041 market potential survey for cold room in pune regionSupa Buoy
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I am a mentor, Friend for all Management Aspirants, Any query related to anything in Management, Do write me @ supabuoy@gmail.com.
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0601059 sales promotion & customer overview for carrierSupa Buoy
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The document discusses a study on consumer buying behavior for the Symphony air cooler brand. It includes an introduction to consumer buying behavior and factors that influence it. It also provides details on Symphony Limited, the company that produces Symphony air coolers. It discusses the brand and product range of Symphony air coolers. The study aims to analyze consumer behavior and factors affecting purchasing decisions regarding Symphony air coolers through a survey methodology.
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projedct report on inventory managementDanishRaza70
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3. An acknowledgement of those who provided assistance and support.
4. A table of contents outlining the report chapters which will cover the company and industry profile, inventory concepts and techniques, data analysis and findings.
The report aims to analyze G.R Industries' inventory management techniques and provide suggestions for improvement. It will study inventory levels, calculations and the company's policies and processes.
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The document is a project report submitted by Deepak Kumar for his post graduate diploma in management. It discusses Deepak's summer internship project analyzing the marketing activities of Videocon and its competitors in Kolhapur, India. The project involved conducting surveys of retailers and distributors in Kolhapur, observing Videocon's marketing strategies like POP displays, advertisements, and branding. It also discusses promotional activities conducted by Deepak, such as training sessions, distributing gifts and messages to dealers, and canopies to introduce new products and offers. The goal of the project was to analyze Videocon's declining market position and provide recommendations to improve sales.
A drying process in which moisture is first converted to ice and then through reduced pressure and increase temperature it is directly converted to water vapor ( sublimation).
Complete process description, process parameters , types of freeze drying, case study of effect of different drying process on apple peels
1. 1
On
Market Analysis of A.C. market with special reference to
Lucknow city
IN
DAIKIN India Pvt. Ltd.
In the partial fulfillment of the requirement of the Masters in business
Administration (MBA 2014-2016).
Under the Guidance of Submitted By:
Mr.Sameer Shukla Pushpak Mahalay
Assistant Professor MBA-3rd Sem
RAMA UNIVERSITY, KANPUR
2. 2
STUDENT’S DECLARATION
I Pushpak Mahalay hereby declare that the project report entitled on “Market research”
submitted in partial fulfillment of the requirement for the Master of Business Administration to
Rama University Kanpur is my original work and not submitted for the award of any other
degree, diploma, fellowship or any other similar prizes.
Place: Kanpur.
Date: ________
3. 3
ACKNOWLEDGEMENT
We feel great pleasure to submit this report as the culmination of efforts by our teachers and we.
This project is the result of our hard work, sincerity, and devotion, & put our best to complete
and in turn, gain lots of knowledge and confidence from this project.
We are deeply thankful to our project guide Mr. Shakti Singh has been successfully guided us at
all and every time at every steps.
I also would like to thank you to Mr.Sameer Shukla for his all time guidance.
They had been a constant guiding force and source of illumination for us. It entirely goes to their
credit that project has attained its final shape. We would like to thank them for their valuable
advices and guidance and we would to use their advices and guidance in our future for our
better. Lastly, we are very thankful to our parents and all those people has been supported us
directly or indirectly, without their constant support and help this project report never be
successful completed.
DATE:__/__/____ Rama University
PLACE: Kanpur
4. 4
PREFACE
Training is an integral part of the curriculum of M.B.A. We had prepared this report during our
summer training at “Daikin Air-conditioning India pvt.ltd.” This study has given real exposure
to potential of market of air-conditions. We have conduct our study under the subject “Market
Research.” The main objective of summer training is as following:
To help the individual in making better decisions and effective problem solving.
To help in encouraging and achieving self development and self confidence.
To provide information for improving leadership, knowledge, communication skills.
To help in eliminating fear in attempting new tasks.
As I know that we are living in a competitive world and there is a cut throat competition in the
market. Marketing mix is the crux of marketing policy of any business it is a communication
mix, price mix, & place mix.
Therefore to analyze it, I was given the topic for research “Market Research.”
This study has given real exposure to market potential of ACs.
5. 5
TABLE OF CONTENT
Sr.no. Content Page
No.
1 Company History and profile 06-12
2 Abstract 13-15
3 Introduction of the Topic 16-18
4 INDIAN MARKET OF AIR-CONDITIONER 19-31
5 Corporate Ethics 32-34
6 Organization Structure 35-36
7 Strategy adopted by organisation 37-38
8 Distribution and Marketing 39-44
9 Daikin Product 45-49
10 SWOT Analysis 50-54
11 Marketing Mix 55-58
12 Research Methodology 59-61
14 Data Collection 62-65
15 Findings 66-67
16 Limitations 68-69
17 Conclusion and recommendation 70-73
18 Bibliography 74-75
19 Annexure 76
7. 7
History and Profile
Daikin Air-conditioning India Pvt. Ltd. ( DAIPL) is a 100% subsidiary of Daikin Industries Ltd.,
Japan, a global leader in the manufacturing of commercial-use and residential air conditioning
systems. Backed by the superior technology, the organization offers a wide range of energy
efficient air conditioning solutions to the Indian customers. It has been successfully offering
premium air conditioning solutions in the Indian market for large-scale projects. Robust growth
is forecasted in India’s air-conditioning market in the future and Daikin intends to further
increase its market share of residential and large-scale projects.
Daikin was founded in 1924 during a period of robust economic activity in Japan. Although
Japan had trailed the Western nations in the adoption of most modern technologies, by the 1920s
its major industrial groups had taken shape and were able to provide secondary industries such
as air conditioning with the raw materials they needed to get started. In 1924, air conditioning
was still a very young industry, the necessary refrigerants only recently having been developed
in the United States. Daikin, one of the earliest Japanese entrants in the new business quickly
established a solid customer base and the beginnings of an effective marketing group.
MD's Message:
Over the years Daikin India has dedicated itself to improve the quality of life by developing
innovative and eco-friendly technologies. Customer satisfaction drives all our actions and we
strive to establish Daikin as a brand synonymous with trust.
Daikin entered India in the year 2000 and has gained the trust of its valuable customers with
innovative range of products and dedication towards quality. Over the past few years we have
8. 8
introduced many new technologies in India including the revolutionary VRV IV. Our new state
of the art manufacturing facility will help us to serve you more efficiently and faster.
Our commitment to customer satisfaction and quality has helped us achieve the leadership
position in the premium air-conditioning segment. We have now set ourselves the mission of
becoming leaders in the HVAC segment in India by providing comfortable air environment
through air conditioning and other related areas like after sales service.
I hope you find this website informative, and it provides you with a greater understanding of the
full range of our products and services and our deep-rooted commitment to quality.
The basic concept behind air conditioning is said to have been applied in ancient Egypt, where
reeds were hung in windows and were moistened with trickling water. The evaporation of water
cooled the air blowing through the window. This process also made the air more humid, which
can be beneficial in a dry desert climate. In Ancient Rome, water from aqueducts was circulated
through the walls of certain houses to cool them. Other techniques in medieval Persia involved
the use of cisterns and wind towers to cool buildings during the hot season.
Modern air conditioning emerged from advances in chemistry during the 19th century, and the
first large-scale electrical air conditioning was invented and used in 1902 by American inventor
Willis Carrier. The introduction of residential air conditioning in the 1920s helped enable the
great migration to the Sun Belt in the United States
Development of mechanical cooling
Three-quarters scale model of Gorrie's ice machine John Gorrie State Museum, Florida
In 1758, Benjamin Franklin and John Hadley, a chemistry professor at Cambridge University,
conducted an experiment to explore the principle of evaporation as a means to rapidly cool an
object. Franklin and Hadley confirmed that evaporation of highly volatile liquids (such as
alcohol and ether) could be used to drive down the temperature of an object past the freezing
9. 9
point of water. They conducted their experiment with the bulb of a mercury thermometer as their
object and with a bellows used to speed-up the evaporation. They lowered the temperature of the
thermometer bulb down to −14 °C (7 °F) while the ambient temperature was 18 °C (64 °F).
Franklin noted that, soon after they passed the freezing point of water 0 °C (32 °F), a thin film of
ice formed on the surface of the thermometer's bulb and that the ice mass was about a quarter-
inch thick when they stopped the experiment upon reaching −14 °C (7 °F). Franklin concluded:
"From this experiment one may see the possibility of freezing a man to death on a warm
summer's day"
In 1820, English scientist and inventor Michael Faraday discovered that compressing and
liquefying ammonia could chill air when the liquefied ammonia was allowed to evaporate. In
1842, Florida physician John Gorrie used compressor technology to create ice, which he used to
cool air for his patients in his hospital in Apalachicola, Florida. He hoped to eventually use his
ice-making machine to regulate the temperature of buildings. He even envisioned centralized air
conditioning that could cool entire cities. Though his prototype leaked and performed
irregularly, Gorrie was granted a patent in 1851 for his ice-making machine. His hopes for its
success vanished soon afterwards when his chief financial backer died; Gorrie did not get the
money he needed to develop the machine. According to his biographer, Vivian M. Sherlock, he
blamed the "Ice King", Frederic Tudor, for his failure, suspecting that Tudor had launched a
smear campaign against his invention. Dr. Gorrie died impoverished in 1855, and the idea of air
conditioning went away for 50 years.
Since prehistoric times, snow and ice were used for cooling. The business of harvesting ice
during winter and storing for use in summer became popular towards the late 19th century. This
practice was replaced by mechanical ice-making machines.
James Harrison's first mechanical ice-making machine began operation in 1851 on the banks of
the Barwon River at Rocky Point in Geelong (Australia). His first commercial ice-making
machine followed in 1854, and his patent for an ether vapor compression refrigeration system
was granted in 1855. This novel system used a compressor to force the refrigeration gas to pass
through a condenser, where it cooled down and liquefied. The liquefied gas then circulated
through the refrigeration coils and vaporized again, cooling down the surrounding system. The
machine employed a 5 m (16 ft.) flywheel and produced 3,000 kilograms (6,600 lb) of ice per
day.
Though Harrison had commercial success establishing a second ice company back in Sydney in
1860, he later entered the debate over how to compete against the American advantage of
unrefrigerated beef sales to the United Kingdom. He wrote: "Fresh meat frozen and packed as if
for a voyage, so that the refrigerating process may be continued for any required period", and in
1873 prepared the sailing ship Norfolk for an experimental beef shipment to the United
Kingdom. His choice of a cold room system instead of installing a refrigeration system upon the
ship itself proved disastrous when the ice was consumed faster than expected.
Electromechanical cooling
10. 10
Willis Carrier
In 1902, the first modern electrical air conditioning unit was invented by Willis Carrier in
Buffalo, New York. After graduating from Cornell University, Carrier found a job at the Buffalo
Forge Company. While there, he began experimenting with air conditioning as a way to solve an
application problem for the Sackett-Wilhelms Lithographing and Publishing Company in
Brooklyn, New York. The first air conditioner, designed and built in Buffalo by Carrier, began
working on 17 July 1902.
Designed to improve manufacturing process control in a printing plant, Carrier's invention
controlled not only temperature but also humidity. Carrier used his knowledge of the heating of
objects with steam and reversed the process. Instead of sending air through hot coils, he sent it
through cold coils (filled with cold water). The air was cooled, and thereby the amount of
moisture in the air could be controlled, which in turn made the humidity in the room
controllable. The controlled temperature and humidity helped maintain consistent paper
dimensions and ink alignment. Later, Carrier's technology was applied to increase productivity
in the workplace, and The Carrier Air Conditioning Company of America was formed to meet
rising demand. Over time, air conditioning came to be used to improve comfort in homes and
automobiles as well. Residential sales expanded dramatically in the 1950s.
In 1906, Stuart W. Cramer of Charlotte, North Carolina was exploring ways to add moisture to
the air in his textile mill. Cramer coined the term "air conditioning", using it in a patent claim he
filed that year as an analogue to "water conditioning", then a well-known process for making
textiles easier to process. He combined moisture with ventilation to "condition" and change the
air in the factories, controlling the humidity so necessary in textile plants. Willis Carrier adopted
the term and incorporated it into the name of his company.
Shortly thereafter, the first private home to have air conditioning was built in Chapel Hill, North
Carolina in 1933. Realizing that air conditioning would one day be a standard feature
11. 11
of private homes, particularly in regions with warmer climate, David St. Pierre DuBose (1898-
1994) designed a network of ductwork and vents for his home Meadowmont, all disguised
behind intricate and attractive Georgian-style open moldings. This building is believed to be one
of the first private homes in the United States equipped for central air conditioning.[
In 1945, Robert Sherman of Lynn, Massachusetts invented a portable, in-window air conditioner
that cooled, heated, humidified, dehumidified, and filtered the air. The idea was subsequently
stolen by a large manufacturer. Sherman did not have the resources to fight the big corporation
in court and thus never received any money or recognition. He died in 1962.
Refrigerant development
Main article: Refrigerant
A modern R-134a hermetic refrigeration compressor
The first air conditioners and refrigerators employed toxic or flammable gases, such as
ammonia, methyl chloride, or propane, that could result in fatal accidents when they leaked.
Thomas Midgley, Jr. created the first non-flammable, non-toxic chlorofluorocarbon gas, Freon,
in 1928. The name is a trademark name owned by DuPont for any chlorofluorocarbon (CFC),
hydrochlorofluorocarbon (HCFC), or hydrofluorocarbon (HFC) refrigerant. The refrigerant
names include a number indicating the molecular composition (e.g., R-11, R-12, R-22, R-134A).
The blend most used in direct-expansion home and building comfort cooling is an HCFC known
as R-22.
R-12 was the most common blend used in automobiles in the US until 1994, when most designs
changed to R-134A due to the ozone-depleting potential of R-12. R-11 and R-12 are no longer
manufactured in the US for this type of application, so the only source for air-conditioning repair
purposes is the cleaned and purified gas recovered from other air conditioner systems. Several
non-ozone-depleting refrigerants have been developed as alternatives, including R-410A. It was
first commercially used by Carrier Corp. under the brand name Puron.
Modern refrigerants have been developed to be more environmentally safe than many of the
early chlorofluorocarbon-based refrigerants used in the early- and mid-twentieth century. These
include HCFCs (R-22, as used in most U.S. homes even before 2011) and HFCs
12. 12
(R-134a, used in most cars) have replaced most CFC use. HCFCs, in turn, are supposed to have
been in the process of being phased out under the Montreal Protocol and replaced by HFCs such
as R-410A, which lack chlorine. HFCs, however, contribute to climate change problems.
Moreover, policy and political influence by corporate executives resisted change. Corporations
insisted that no alternatives to HFCs existed. The environmental organization Greenpeace
solicited a European laboratory to research an alternative ozone- and climate-safe refrigerant in
1992, gained patent rights to a hydrocarbon mix of isopentane and isobutane, but then left the
technology as open access. Their activist marketing first in Germany led to companies like
Whirlpool, Bosch, and later DAIKIN and others to incorporate the technology throughout
Europe, then Asia, although the corporate executives resisted in Latin America, so that it arrived
in Argentina produced by a domestic firm in 2003, and then finally with giant Bosch's
production in Brazil by 2004. In 1995, Germany made CFC refrigerators illegal. DuPont and
other companies blocked the refrigerant in the U.S. with the U.S. E.P.A., disparaging the
approach as "that German technology." Nevertheless, in 2004, Greenpeace worked with
multinational corporations like Coca-Cola and Unilever, and later Pepsico and others, to create a
corporate coalition called Refrigerants Naturally!. Then, four years later, Ben & Jerry's of
Unilever and General Electric began to take steps to support production and use in the U.S. Only
in 2011 did the E.P.A. finally decide in favor of the ozone- and climate-safe refrigerant for U.S.
manufacture.
14. 14
Abstract
FOR a company with a relatively young history, Chinese manufacturer Daikin Electronics
Group Co Ltd has achieved a global profile that companies with a longer presence in the market
will be envious of.
This project intends to map the current image of the brand “Daikin” in Air conditioners
segments, comparison of Daikin marketing mix of Daikin vis-à-vis other more established
brands in Lucknow and finally marketing mix mapping of Daikin .
For mapping the marketing mix of Daikin with the other consumer durable brands in Air Conditioners and
first essential step is to know the current brand image of the Daikin in these segments, for this the a brand
awareness survey is already for Daikin. This gives some valuable inputs to the organization. Like in the survey
it was found that still most of the people surveyed perceived Daikin as an electronic brand which
manufactures TV and mobile phone. Marketing communication done so far for Daikin is not accurate this can
be understood by this fact that despite focusing on world 2nd largest brand status still 65% of the people
surveyed doesn’t know that it is world 2nd largest appliances brand.
In Product mapping it was found that Daikin quality is good comparing to their competitors
especially in appliance air conditioners . Daikin is the first consumer electronics company to launch
the Bottom Mount Refrigerators in India and also one of the few companies to introduce an
exclusive 100 per cent clothes dryer in the market. The Company recently launched refrigerators
with a unique VC Fresh technology that helps to keep food fresh in the refrigerators for a longer
period of time and introduced ACs with the digital Inverter technology for energy efficiency.
In the semi automatic washing machine segment one of the findings is that Daikin needs to build a
powerful USP for its semi automatic washing machines like they did it for Refrigerators (BMR) so it can
clearly differentiate with others. Currently Daikin is focusing more on fiber
15. 15
body, timer and powerful motor, which is almost same for all the present brands, other competitors like
DAIKIN despite of all these features focusing more on technology ,like Punch Plus Three, for whirlpool
its 1-2,1-2 Hand wash, for Godrej it is Force Four, and for Samsung it is
Silver Nano.
Pricing always plays a major part, especially in Lucknow market no one can deny its importance. This
study gives an insight in to different pricing strategies adopted by the different companies. In one way it
will give comparison of the customer prices in the same segment among various companies and in the
other way it will give valuable competitive information regarding pricing benefits given by the other
companies to their intermediaries, like what are the margins they are giving to their dealers, to direct
company dealers and to the distributors.
With current brand status, where people accept it as a quality brand and 6 years of business in
India now time has come for Daikin to go for “good quality in a affordable price” definitely
value for money.
Finally there is much more possibilities for the brand Daikin in the market let me put it this way.
The market is expanding and it is yet to reach full maturity. So, there is always a huge
opportunity for new players. For example, in any category, let’s say consumer electronics, the
market leader three years back has gone into oblivion and there is a new market leader now. It
all depends on how well one can drive its business, how well the company understand the
consumers and accordingly introduce value-added services for them. The opportunities are still
there. The TV market has grown to nine million and refrigerators to four million. Therefore,
there is no reason why a global leader with proven technological strengths cannot find a
footprint.
17. 17
Introduction of the topic
“By the way of doing the marketing mix mapping for the Daikin, it will provide necessary
market information, competitors marketing mix strategies and accordingly comparison can be
done and which will ultimately help to offer the product with the right combination of the four
Ps and with this Daikin can improve their results and marketing effectiveness in Refrigerators,
washing machine and A.C segment”
Consumer durables Industry is growing at a rapid pace. Price Affordability, Product Awareness and
availability have helped the industry players to generate great business. But doing business in Indian
Market is not easy. Continuous improvement in Product quality and post sales service at affordable
price is common to all Consumer durable manufacturers across Industry. But the company which
would introduce innovative product, with unique technology and provide convenience by satisfying
them with something new would surely attract customers. Daikin Appliances which is one of the
largest Home Appliances brand in the world. Daikin is known worldwide for “inspiring the living”
of customers with the unique and patented product like Bottom Mounted Refrigerators.
The company was established in 1984, and in only 23 years, it has attained global recognition,
including a 25th spot ranking in the World's Most Respected Brands list by Forbes in 2006. It
has consistently been among China's top-performing companies domestically for the past 20
years, but the company is now aiming to entrench itself as one of the mainstays of the global
consumer electronics industry.
Daikin India was launched in India in December 2003 and by August 2004 had an all-India
promotion launched with over 55 products across six product categories -- refrigerators, color
television/DVDs, washing machines, microwave ovens and dishwashers. Daikin India has also
launched its brand of mobile phones in India.
18. 18
There are more worries than just fierce competition even for a late entrant like Daikin, a $9.2-billion
giant, to get a toehold in an already crowded market. Almost the entire industry was unanimous that
its image as a Chinese manufacturer will be a challenge -- its country cousin like Konka and TCL
entered, and left India, making no impression, but leaving some unpleasant memories. Other cheap
Chinese products have flooded the Indian market over the last few years, leaving Daikin with little
chance for a premium positioning. Trade circles have similar apprehensions, and fighting this image
is taking most of Daikin time in India.
Despite this Daikin entered the Indian market with a premium line of products, which prohibited the
brand from building a mass appeal. Although, there are so many players in the market and there is
enough space for players like Daikin seeing the economy grow at around 8-10%. But it is already
more than 6 years of Daikin launching in Gujarat market, their business is not like what should be
for the brand which is 2nd largest appliances brand in the world. This calls reevaluation of Daikin
marketing mix strategies in the market.
Daikin product categories range from refrigerators, refrigerating cabinets, air conditioners, washing
machines, televisions, mobile phones, home theatre systems, computers, water heaters and DVD
players. By April 2006, the Daikin Group has obtained 6,189 patented technology certificates and
589 software intellectual property rights. On January 31, 2004, Daikin was named one of the brands
among world’s 100 most recognizable brands, listed by the World Brand Laboratory, one of the
world brand evaluation organizations.
The marketing mix is a vital part of any marketing strategy. This is a tool whereby the marketer
takes decisions on what and how a product should be, where it can be sold, how it should be
priced, how it will be promoted, how to equip the people who are responsible for selling the
product… and so on.
19. 19
All about the project:
1. Why marketing mix mapping for Daikin appliances.
Daikin is world’s 2nd largest home appliances brand, manufacturing household electrical
appliances in 96 categories with 15,100 specifications, launched in India in 2003, currently
having 3% market all over the segments in Indian market. But despite having better product
range and better quality especially in refrigerator, washing machine and in AC segments are not
doing well in Lucknow market. Brands like TCL and Godrej are selling in large number in
Lucknow as compare to Daikin, which ultimately suggests reevaluation of marketing mix in
Lucknow market for Daikin in these product categories and also to establish Daikin from the
scratch.
2. Design of the study:
1. To know the perception regarding the brand “Daikin”.
2. Marketing mix mapping for Daikin in Refrigerator, Washing machine and A.C segments.
3. Identify and monitor competitors’ marketing strategies and activities:
This is about monitoring key competitors’ marketing mix strategies and evaluating their
Potential implications for Daikin. It includes assessing the corresponding opportunities and
threats, and recommending appropriate actions across the marketing mix to develop and/or
protect DAIKIN`S products.
4. Marketing mix Mapping for Daikin in Refrigerators, Washing machine and Air
conditioners segment with their competitors.
This is about evaluating the Daikin marketing mix i.e. product place, price, and promotion in comparison
with the competitors undertaking a strategic assessment of an organization’s environment also to identify
potential opportunities and threats relevant to future marketing policy and building the effective
marketing mix strategy for the Daikin in the Lucknow market.
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INDIAN MARKET OF AIR-CONDITIONER
Top Air Conditioner brands in India 2013:
Air Conditioning market is more competitive with many Indian and foreign players. Top air
conditioner brands in India are Voltas, DAIKIN, Panasonic, Daikin, Samsung, Godrej, Bluestar,
Onida, Videocon and Whirlpool. The below graph represents the market share of major
companies in air conditioning industry in India for 2013.
Top Air Conditioner brands in India – Company Wise Market Share in Air Conditioner Industry,
India 2013
Growth of Air conditioner market in India:
The Room Air Conditioners market in India has experienced a negative to lower growth rates in
last 3 years due to weak economy and significant rise in prices. However, market is expected to
grow at a healthy pace of CAGR 10-12 % in between FY 2014-15 to 2018-19.
Lower market penetration, rising income levels, increasing number of households, high
temperatures & humidity, urbanization are strong growth drivers for this air conditioning
industry.
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According to industry estimates, for the financial year 2013-14 Indian room air conditioner
market has sold more than 3.1 Million units, which accounts at around Rs 7,800 crores.
The below graph shows the trend in Room AC market sales volume over the years.
Room AC Market Over the Years (in Mn units)
Energy efficiency star rating, aesthetic look, maintenance, cooling capacity, warranty, price and
technology are currently major influential factors while purchasing an Air Conditioner.
The room ACs market in India comprises of split ACs and window ACs. The share of spit ACs
in overall sales is increasing from 49% in FY 2007-08 to 60% in FY 2013-14. Further to this, the
share of split ACs is estimated to reach 80-85% in FY 2018-19 due to lower noise levels, no
security problems, aesthetic look and space.
Market Share of Split AC Vs. Window ACs in India
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Air Conditioners penetration in India:
The penetration rate of air conditioners in India is still at very low when compared with other
household applications like Television, refrigerator and washing machines.
According to IBEF Aug’13 report, air conditioners current penetration stands at 3 per cent in
India, which is very low when compared with other emerging markets or developed countries.
DAIKIN AIR-CONDITIONING INDIA AT A GLANCE:-
2000: Daikin enters the Indian market in a JV with Usha Shriram Group at 80:20 stakes
respectively as Daikin Shriram Airconditioning.
2002: Daikin introduces VRV technology in India.
2004: Daikin India becomes a wholly owned subsidiary of Daikin Industries Ltd. Japan.
2007: Daikin India relocates HQ to Gurgaon and commences business of McQuay chillers in
India.
2008: Groundbreaking ceremony of Daikin India’s manufacturing base at Neemrana, Rajasthan.
2009: Production commences at manufacturing plant in Neemrana, Rajasthan.
2010: Fresh round of Rs.250 crore investment. Thus taking it to a total of Rs.743 crore.
2012: Production of High Wall Split air-conditioners with R-32 refrigerant commences.
2013: Fresh round of Rs.330 crore investment.
Daikin India Network
11 branch offices (sales & service)
15 Sales offices
4 mother warehouses
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22 supporting warehouses
150+ Daikin Solution Plaza (DSP)
2200+ Channel Partners
200 plus Authorized Service Providers (ASP)
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WHY DAIKIN
1 - Adding fresh air since 1924
With over 90 years of innovation, Daikin has history of creating global air-conditioning
solutions and giving many firsts in the field to the world. And as a global leader, Daikin intends
to continue its contributions to society in meeting the expectations of being a global leader.
2- Global no. 1 with sales over $10 Billion.
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Daikin pursues steady growth with innovations and technology. With sales amounting to $10
billion, Daikin has achieved Global No. 1 in air conditioning sales in 2010 - 2012. The company
aims to increase its sale to double its business scale in a 5 year period.
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3- Serving you better with 60 worldwide production bases.
With over 60 production bases across the world, Daikin adapts and matches the specific needs of
local customers. Daikin is known for its promptness and reliability with an after sales service
system that backs up its global air conditioning system.
4- Reaching you with a wide network in over 140 countries.
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The air conditioning needs can differ from country to country on the basis of weather and in
some cases even culture. Daikin understands this and has earned a reputation for excellence as
an air conditioning specialist in countries, connecting the globe by catering to the needs of
customers with its advanced technology and techniques.
5- Air Specialists.
Daikin is the only company involved in all phases of manufacturing, sales and servicing of wide
array of air conditioning products and refrigerants. It has a team of experts who believe in
resolving the minutest issues related to air comfort and quality. From heating to cooling to
refrigeration and freezing, Daikin has a solution for all.
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6- 3 core technologies.
Daikin has laid the foundation of the next gen technology with three cutting edge core
technologies namely, heat pump, refrigerant control and inverter. It leads the market with
innovation and techniques that are continuously enriching the world with air comfort and
quality.
7- Expertise and investment of $300 Million for better air innovation.
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together the best and the brightest from around the world and provides the latest research and
testing facilities. By congregating diverse knowledge and technologies from around the world in
one place, Daikin hopes to create an Daikin serves as the hub of technological innovation in air
conditioning segment and brings environment that adds new value to the industry.
8- A growth driven, employee friendly organization.
Daikin supports a work environment that offers opportunities nurturing growth and encourage
people to work with enthusiasm and purpose. By respecting and acknowledging the various
cultures and customs of the world for a growth driven organization, Daikin has made diversity
the strength of the company.
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Environment Policy
Quality is the first priority:
“Quality First” is clearly reflected in the value delivered - such as low noise level, low power
consumption, cooling efficiency, ease of installation, high reliability – all targeted to improve
the quality of life.
DAIPL commits to protect the environment and ozone layer during the import, marketing, sales
& servicing of air-conditioning systems and spares through:
Deploying Group Management Philosophy & Environment guidelines
Adapting procedures for refrigerant handling, resource conservation and waste
management
Improving its Environmental Management System continually
Preventing pollution and adverse environmental impacts
Legal compliance
TEN REASONS TO BUY DAIKIN:-
Air-conditioning specialist
Pioneer in air-conditioners
The Daikin edge with in-house manufacturing
High energy efficiency
Comprehensive range and quiet operation
Unmatched after-sales support
Five-year warranty on compressors
Wise investment-Low running cost
Experienced dealers
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Corporate Ethics
Guidelines for Legal Compliance
Providing Safe, High Quality Products and Services
Free Competition and Fair Trading
Observing Trade Control Laws
Respect and Protection of Intellectual Property Rights
Proper Management and Utilization of Information
Timely and Appropriate Disclosure of Corporate Information
Preservation of the Environment
Ensuring the Safety of Operations
Respect for Human Rights Diversity in the Workplace and Observance of Labor Laws
Protection of Company Assets
Proper Handling of Accounting Procedures
Practising Moderation in Entertainment and Gift Exchanges
Maintaining a Firm Attitude against Anti-Social Activities
Observing Various Business Laws and Regulations
Cooperation of DAIKIN and Dealers
Daikin
o Latest Technology
o Wide range of Products
o Clear Strategies
o Close Communication
o Proper Education & Training
o Quick Service support
o Motivation
Dealer
o Communicate with customer
o Proper Installation
o Quick Service
o Feedback to Daikin
o Follow Company policy
Functions: “Dealer Support”
o Communicate: Products/Policies/Strategies
o Supply: Products/Parts/Selling Aids
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o Set: Targets/Priorities
o Educate: Staff on Products/Applications & Strategies
o Visit: Dealers & Customers with Dealers
o Solve: Problems & Give feedback Quickly
o Review: Frequently performance Against Agreed Targets
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Strategies adopted by the organization
Daikin follows 10 commandments which are as follows.
1. Foster working environment-5S Environment
2. Fast execution is key to success
3. Transparent and fast communication-open communication
4. Update market -knowledge –Demographics
5. Win –Win relationship with the trade partners
6. Customer is the king
7. Even Billing –Road to ach supplier A
8. Be in touch with the market (70% Market, 30% Office).
9. Plan and Execute annual marketing Calendar-Time to market
10.Display share of 50% -to get 50% consumer share.
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Distribution and Marketing
The company has number of dealers and warehouses. They have daikin exclusive shopee. For
the marketing of the products a number of activities are followed
1. Exhibitions are conducted from time to time.
2. Society and college activities are conducted.
3. Hoarding, Posters, banners are used so as to grab the attention of the costumers.
4. Day to day advertisement in leading newspaper.
5. Discount at festival time.
6. For dealer relationship they arrange dealer meting at several time in the year
7. DAIKIN divide dealer in gold silver etc. category to know the performance of the
dealers.
8. They have their sales persons at various sub dealer store and at mordent trade store for
particularly for the promotion of the DAIKIN product.
9. DAIKIN also uses the radio FM for the promotion activities.
10. Also provide capon and scratch card for festive season.
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The logistics (Supply Chain Management)
Visit to warehouse of DAIKIN Lucknow
Logistics is the art and science of managing and controlling the flow of goods, energy,
information, and other resources like products, services, and people, from the source of
production to the marketplace. It is difficult to accomplish any marketing or manufacturing
without logistical support. It involves the integration of information, transportation, inventory,
warehousing, material handling, and packaging. The operating responsibility of logistics is the
geographical repositioning of raw materials, work in process, and finished inventories where
required at the lowest cost possible.
Logistics Management is that part of the supply chain, which plans, implements and controls
the efficient, effective forward and reverse flow and storage of goods, services and related
information between the point of origin and the point of consumption in order to meet
customers' requirements.
5R’s of Logistic followed by DAIKIN:
1. Right Time
2. Right Place
3. Right Condition
4. Right Cost
5. Right Handling
DAIKIN Lucknow Distribution
DAIKIN Lucknow comes under the Northern Distribution Region. This region has following
1. Lucknow
2. Varanasi
3. Kanpur
4. Allahabad
The DAIKIN Factory is located at NOIDA & LUCKNOW. There are three types of
Warehouse-
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1. Mother Warehouse
2. Branch Warehouse
3. Spare part warehouse
The mother warehouse is that where the products from the factory are kept and from that
warehouse, the products are sent to the branch warehouse.
A warehouse is a commercial building for storage of goods. Warehouses are used by
manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are
usually large plain buildings in industrial areas of cities and towns. They come equipped with
loading docks to load and unload trucks; or sometimes are loaded directly from railways,
airports, or seaports. They also often have cranes and forklifts for moving goods, which are
usually placed on ISO standard pallets loaded into pallet racks.
In warehouse, the products are pinup with 3-color paper to get the knowledge about the
delivery.
1. Red Card – To stop the product going into market,
2. Green card – To allow the product for delivery in market,
3. Yellow Card – After the product labeled with green, allow this to move in market
Distribution Time:-
• Local delivery – 4 hrs.
• Upcountry delivery - 12 hrs.
• Within 200 km. – 24 hrs.
• Beyond 200 km. – 48 hrs.
The above distribution time is the time of delivery of products from warehouse to the market
place, which the logistic department follows to fulfill the demand in the market at right time. In
DAIKIN, we have the following process, which is followed in logistic through ERP.
Order Processing
Invoicing
Indenting
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Report
Order Processing booking for dealers /distributors
Invoicing after billing process/bill generation
Indenting requirement (Pdt Unit to branch unit)
Report distributed to all
In warehouse, there are two mode of dispersion of product from one place to another within. a)
Hydraulic b) Manual
In addition, there are 35 fire extinguishers to prevent the accidental hazard within the warehouse
due to fire. These fire extinguishers are valid up to year 2011. One has to follow the rule of “NO
Smoking” within the warehouse
Logistics Ten Commandments – Golden Rules
1 - Warehouse 5S – to be strictly followed – FG – 2, 5 & 7 to be properly maintained.
2 - 100% Bar-coding for all inward & outward transaction.
3 - Follow standard pick – ship process religiously.
4 – No inventory mismatch, shortage or excess – monthly 100% physical stocktaking.
5 – Nil 30+ for FG – 2, 3 & 5.
6 – Nil transit damage.
7 – File insurance claim within 2 days. Settle all claim all within 30 days.
8 – No inter – branch transfer without HO clearance.
9 – PSI feeding into system by 25th of every month. Ensure 90% accuracy.
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10 – Apply physical FMFO.
Problem
1- In transit material damage checking.
2- Cost target achievement.
3- Natural events tracking.
4- Fluctuation in demand-supply
Equipments
1- 100% Bar code scanner.
2- ERP – Invoice Generation Process.
3- Hydraulic Trolleys for material movement.
4- Pallets for safety of material.
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About the Product:-
Air conditioning is the process of altering the properties of air (primarily temperature and
humidity) to more comfortable conditions, typically with the aim of distributing the conditioned
air to an occupied space such as a building, house or vehicle to improve thermal comfort and
indoor air quality. In common use, an air conditioner is a device that lowers the air temperature.
The cooling is typically achieved through a refrigeration cycle, but sometimes evaporation or
free cooling is used. Air conditioning systems can also be made based on desiccants.
In the most general sense, air conditioning can refer to any form of technology that modifies the
condition of air (heating, cooling, (de-)humidification, cleaning, ventilation, or air movement).
However, in construction, such a complete system of heating, ventilation, and air conditioning is
referred to as heating, ventilation, and air conditioning (HVAC -as opposed to AC).
PRODUCTS:-
1) CASSETTE AC
These space-saving ACs are shaped like cassettes and are designed to be installed on ceilings.
The panel of these air conditioners is designed to blend with all kinds of home décor. They are
stylish, and are known to deliver fantastic performances.
a) Best at saving space
b) Able to cool large areas where other ACs don’t reach out
c)Blends with décor
2) SPLIT AC
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These are kits of 2 units, one internal and another external. The indoor unit installed inside a
room in takes warm air and throws in cold air. The outdoor unit on the other hand is installed out
of the house. It contains the compressor and is linked to the internal units via drain pipes and
electric cables. This external units throws out the warm air
a)Internal unit takes up less space for installation
b) Usually more silent than windows ACs
c) Minimally affect your home décor
d) Can be installed in room with no windows
Models of Split AC:
FTXR Series
FTXG Series
FTXR Series
DTKM Series
ATKM Series
3) TOWER AC
These are also known as floor- standing AC. Like split ACs, a tower AC set consists of two
units-one internal and an external. However, the indoor unit does not need wall installation. It
rather occupies some space on the floor. Tower ACs usually have high cooling capacity and
suitable for very large rooms.
a) Suitable for high capacity cooling.
b) Ideal for large room at home and in offices.
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d) Does not need windows or wall installation.
4) CUBE AC
This fairly new design introduced by Panasonic can be mounted close to a ceiling or at the
windows level. Basically, this is a smaller version of the split type air conditioner and costs less
than the former .The indoor unit features a newly designed diagonal propeller fan for efficient
and fast cooling .Improve blade shape curvature and larger in take grill further aid for efficient
performance.
a) Can be mounted close to the ceiling or at window level.
b) Newly designed diagonal propeller fan for fast cooling.
c) Improved blade shape curvature for efficient performance.
5- AIR PURIFIER:-
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SWOT ANALYSIS
1. Selling products in over 130 countries
2. Daikin focuses a lot on Sustainable development that is one of its strengths
3. Daikin manufactures a variety of products in Air conditioning, Chemicals, Oil Hydraulics,
Defense Systems and Electronics
4. With an employee force of around 50,000+, Daikin is among the Top Air conditioning
Services providers of the world
5. Sponsorship of sports teams and other events
6. The brand has a significant presence in countries like India, China, Australia, Japan etc
2)WEAKNESS
1.Daikin is associated with Air conditioning, so it impacts other divisions of Dainkin’s business
2.It is at a nascent stage in many of the countries, so it is very tough for Daikin to compete with
existing market leaders
3.Its presence worldwide is not as vast as compared to its competitors.
3)Opportunities
1.Daikin can expand operations in the countries it has recently entered into through mergers and
acquisitions
2.Daikin should enter into new markets i.e. potential countries
3.Need for Air conditioning is increasing among customers all over the world, this is a huge
opportunity for Daikin to leverage upon
4) Threats
1.Daikin faces strong competition from other players
2.Regional brands in air conditioning are coming up with cheaper and affordable variants, so this
can be threat to Daikin’s present customer base
3. Fluctuating global currency prices can affect overall operations
COMPETITORS
1) Voltas:
The Indian AC major Voltas is the most favorite AC brand of Indian people. It is offered by an
Indian conglomerate – the Tata Group. The product is manufactured by Voltas Limited, a
subsidiary of the Tata Group, headquartered in Mumbai, Maharashtra. The Voltas ACs are
famous for their performance and high durability. Voltas’ ACs are becoming increasingly
popular day by day. The price range of voltas is Rs. 25,000-Rs. 55,000. Some of the models are:
Voltas Jade-5 Star(Y Series)
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Voltas Zenith-5 Star(Ya Series)
Voltas Classic-5 Star(Yu Series)
Voltas Magna-5 Star(Y Series)
2) Samsung:
The air conditioners from Samsung are amongst the most sought after and most popular in India.
Samsung ACs are famous for their features and the level of comfort they offer. The prices range
of Samsung is Rs. 20,000-Rs. 70,000. Some of the models are:
Triangle Inverter AC
AR18JV5DAWKNNA 1.5 TR
AR18JC5HATPNNA
AR18JV5HATQNNA
3) DAIKIN:
DAIKIN’s air conditioners are appreciated for quality. Apart from that, great service and
performance, affordable price. The price range of DAIKIN air conditioners varies between Rs.
18,000 and 78,000. Some of the models are:
BSA18IMA
BS-Q186C8A4
BSA12IMA
BS-Q126B8R8
4) Whirlpool:
Whirlpool is a multinational manufacturer of home appliances based in Michigan, United states.
Whirlpool air conditioners rely on the turbo cooling technology to deliver high performance.
The price range of Whirlpool ACs is Rs. 32,000-Rs.55,000. Some of the models are:
FANTASIA INV (1.5T)
FANTASIA INV (1T)
3D COOL DLXIII (2T) 3 Star
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MAGICOOL DLXIII (1.5T)3 Star
3D COOL PLTV (1.5T) 5 Star
5) Videocon:
Videocon not only makes excellent air conditioners but also is best in the industry in terms of
refrigerators, TVs, and so on. The prices of Videocon ACs starts from Rs. 20,000 and ends to
Rs. 68,000. Some of the models are:
VSQ55.DT3-MUA
VSA55.RW1-MAA
VSA55.WW1-MAA
VSN55.RV1-MDA
6) Blue Star:
Founded in 1943, started off with reconditioning refrigerators and air conditioners. The price
range of Blue star ACs starts from Rs. 22,000 and ends to Rs. 1,00,000. Some of the models are:
CNHW09CAF 0.75Ton Split AC
5HW12SC 1 Ton Split AC
5HW18SB 1.5 Ton Split AC
3HW12FC1 Ton Split AC
7) Hitachi:
Hitachi is a famous consumer electronics conglomerate from Japan founded in 1920 and based
in Tokyo, Japan. Its ACs have features like anti-bacterial filter and auto climate technology. The
price range of Hitachi ACs is Rs. 25,000-Rs. 70,000. Some of the models are:
Zunoh 300f
Zunoh 200f
Kaze Neo
Kashikoi 400i
Kashikoi 200i
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KAZE Reidan (H&C)
8) Daikin:
Daikin from china is rated amongst the leading consumer electronic brands in India. Daikin ACs
are lauded for their excellent cooling, longevity and superior performance. Moreover, low
energy consumption and reliability are the features that set the Daikin apart from the rest. The
price range of Daikin ACs is Rs. 18,000-Rs. 45,000. Some of the models are:
HSU-18CKCS(R2D)
HSU-13CNFG5N
HSU-24CXAS3N-BWNA
HSU-13CNFR5CNA
9) O-General:
Bureau of Energy Efficiency has honoured O General with five stars for its energy saving
features. Its price range is Rs. 25,000-Rs.60,000. Some of the AC models are:
ASGA09BMTA-0.75 Ton
ASGA12BMTA-1.0 Ton
ASGA18FMTA-1.5 Ton
ASGA24FMTA-2 Ton
ASGA18FTTA-1.5 Ton
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The Marketing Mix: Ingredients for Success
The marketing mix, earlier known as the 4 P’s, (but now has a few more), is a vital part of any
marketing strategy. This is a tool whereby the marketer takes decisions on what and how a product
should be, where it can be sold, how it should be priced, how it will be promoted, how to equip the
people who are responsible for selling the product… and so on. Getting the marketing mix right is
equally important for the large corporation and the small business owner. One of the most critical
marketing management decisions is that decision of setting the marketing mix values, and selecting
and employing strategy that periodically changes that marketing mixes in response to changing
business environment. The marketing mix problem involves setting the values of the marketing
decision variables; the four P’s; namely, Product (its quality), Price, Place (distribution and sales-
force expenditures) and Promotion (advertising, selling). Developing an effective marketing mix is
important for product planners seeking to gain competitive advantage in industrial markets. The
decision regarding specifying the marketing mix depends on a set of variables, such as competitor's
price, competitor's product quality, competition level, forecasted sales and others. These types of
variables necessitate adoption of appropriate approaches that can deal with such variables' nature
marketing mix mapping is a step done to achieve this.
Product:A lot of thought and effort goes into designing a product offering. The most important
question, as a marketer, a person need to ask is whether there is a need for that type of product
and how this product satisfies that need better than those of their competitors. This will force to
think of why that product is unique, and thereby help to evolve that product’s Unique Selling
Proposition.
Price: This element of the marketing mix can be many a strategy’s undoing. A complete understanding
of the financials that drive a business is essential before deciding a pricing strategy. Base your decision
after considering the following – what is the perceived value of your product in the eyes of the customer?
How price elastic is the market? Do you wish to load overheads on to the new product, if an existing
product line is capable of absorbing them? What
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is your objective – do you plan to gain market share on the strength of a rock bottom price or do
you wish to create a premium image targeted at niche customers and price your product
accordingly?
Place: This is probably that element of the marketing mix that has undergone a complete
change in definition. Traditional trading and distribution models have given way to remote or
virtual channels. While reaching the customer may have become simpler, your job as a decision
maker has become that much more complex. You now have a plethora of options to choose from
– do you go for brick and mortar or direct mailing, use the phone or sell door to door? This
decision should, first and foremost, be driven by customer preference and then by other
considerations like logistics and economics. Indeed most businesses rely on a multi distribution
channel strategy.
Promotion: In a commoditized industry, this is what makes the essential difference. Possibly no
other marketing mix element draws as much attention from strategy makers. Again, let consumer
needs drive your efforts. Does your marketing communication address a specific need of the target
audience? Is the message memorable? Does it spur action? Here again, the entire landscape has
changed from what it was a few years ago. Promotion has gone way beyond mere advertising and
public relations – it is now a highly evolved process, ranging from live events to internet marketing.
In these times of information overload, promotion strategies must pack sufficient punch to cut
through the clutter.
The marketing mix is a dynamic entity and needs to be reviewed and refined periodically. It always
helps to stay in touch with the latest developments. Marketing mix mapping for the brand is done to
know the standing of the brand mapped with their competitors with respect to essential element of
marketing mix i.e., product, price, place, and promotion. It ensures Studying marketing mix
strategies of the brand mapped and reviewed and refined periodically according to market condition
and competition comparative mapping with other major players in the market, finding loopholes and
building effective marketing mix strategy for Daikin in AC Segment.
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Appliances market opportunities:
The top 67 cities in India are also the key potential market for appliances companies’ .According to
NCAER, usage pattern of consumer durable in these cities reflect a growing trend for appliances such
as refrigerator and washing machines. Ownership of AC’s, for instance, in these 67 cities is much
higher than the national average 492 out of 1000 household in these cities own AC compared to the
national average of 134 to 1000 households. Similarly, 316 households per 1000 households in the top
67 cities owned washing machine compared to the national average of just 72 household’s among
every 1000 households.
Year 2007 was a very good year for the appliances sector in India. Air conditioners and
microwave ovens grew by 24-25 percent. And even washing machine- which have
traditionally seen poor sales – have seen moderate growth.
The housing boom in these cities is increasing the demand for appliances. The increasing
number of double - income families also bodes well for the sector.
The frost free segment of the refrigerator market is seeing spectacular growth as more
urban families are replacing their old AC.
Consumers in the south and western regions of India go for high- end models of
appliances while the north and east continue to prefer lower-end models and direct cool
refrigerators. Optimistically we can say that robust appliances sales will continue in
2008, particularly since changes in the electricity scenario is making it power accessible
to more Indians in the urban as well as rural areas.
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RESEARCH METHODOLOGY
The process used to the collect information and data for the purpose of making business
decisions. The methodology may include publication research, interviews, surveys and
other research techniques , and could include both present and historical information.
The report has been prepared on the basis of information collected from different sources.
In order to achieve the objective of the project proper research method was applied .
After giving through brain storming session, objectives were selected and the set on the
base of these objectives. A questionnaire was designed major emphasis of which was
gathering new ideas or insight so as to determine and bind out solution to the problems.
Objectives of the study:-
To know the market potential of ACs in Lucknow city.
To determine the dealer and customer satisfaction regarding Daikin brand.
To determine the factors influencing the choice of customers regarding ACs.
Scope of the Study:-
This study is aimed providing daikin Air conditioners with an insight into the success of
AC Segment as well as the customer’s response and awareness towards the brand product
and services of Daikin.
The data has been analyzed and presented in a simple and precise way on the basic of
which pertinent and recommendations have been made to the company better the service
policies and the strategies of the company in india
Research Design
Exploratory and Discriptive
Data Collection
1. Primary Data Collection
For Product: Customer survey through use of a structured questionnaire.
For Price: Direct meeting with the dealers to know other companies pricing, by collecting
and analyzing prices for customers (MRP) dealers (D.P),direct dealers, and distributors.
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For Place: Obtaining feedback from the existing dealers of Daikin and other consumer
electronic dealers in the Lucknow market through direct interviews. To establishing and
implementing processes for obtaining ideas, Information and insights from the dealers
regarding the Daikin marketing proposition for refrigerators and washing machine, after that
evaluating the feedback, assessing the benefits and any risks associated with possible options,
and making recommendations towards enhancing the DAIKIN marketing proposition
especially “place” or in other words dealer expansion in Lucknow city.
Promotion: Observing the number of marketing activities done by the other companies
by keeping the record of activities done by them, and also attending the activities to feel
the difference between the Daikin marketing activities.
2. Secondary Data Collection through company websites, journals & annual reports.
3. Analyzing and interpretation.
4. Mapping with respect to other competitors in the market in Air conditioners
category.
5. Findings and conclusion can be drawn.
Techniques of sampling
I have followed the Simple random sampling: in this method each element has the equal
probability to be selected as a sample. It is bias free. Here an element cannot come twice
as sample.
Sample design
For the market research questionnaire methodology was adopted and all the dealership of
that region were visited.
For the market potential study a sample of 138 dealership was chosen in Lucknow.
Size of sample 138
Location from which samples were taken Lucknow
Sampling Technique Convenience sampling (non probability)
65. 65
Number of HA, ED/AC, Non AC, Only AC dealer
34 NAKA 2
35 BALAGANJ 1
TOTAL NO.OF
DEALER 138
NUMBER OF DEALER BRANDWISE
S. NO. BRAND NAME
NO. OF
DEALERS
1 Voltas 72
2 Daikin 48
3 DAIKIN 30
4 Hitachi 27
5 Samsung 26
6 Blue star 21
7 O-General 20
8 Carrier/Toshiba 15
9 Lloyd 13
10 Panasonic 12
11 Godrej/Videocon 11
12 Mitsubishi 10
13 Whirlpool 9
14 Daikin 6
15 Electrolux 1
S.no. TYPE No. of dealer
1 HA 122
2 ED/AC 7
3 Non AC 7
4 Only AC 2
Total 138
66. 66
S.NO DEALER NAME AREA UNITS
1 GOLDEN ELECTRONICS THAKURGANJ 1000
2 SADANA ELECTRONICS THAKURGANJ 1000
3
INITIATIVE DATA
SYSTEMS ALAMBAGH 1000
4
SADANA ELECTRIC
STORE ALAMBAGH 3000
5 SAHU AGENCIES ALAMBAGH 1800
6 CALVIN RETAIL ALIGANJ 1000
7 SADANA ELECTRONICS ALIGANJ 1000
8 GOLDEN ELECTRONICS CHOWK 3000
9 SAHU AGENCIES HAZRATGANJ 1000
10 AIRCARE ELECTRONIC
GOMTI
NAGAR 1000
11 RUCHI ELECTRONIC
FAIZABAD
ROAD 1200
12 S.D. AIRCONDITIONERS
INDIRA
NAGAR 4000
13 SAHU AGENCIES
INDIRA
NAGAR 1200
14 DINESH JAIN & SONS
KURSHI
ROAD 1200
15 ELECTRONIC BAZAR
SHAKTI
NAGAR 3000
16
BHAARAT SALES
CORPORATION SADAR 3000
17 ARCTIC AIRCON LALBAGH 1000
68. 68
FINDINGS
In the analysis the respondents have shown that they consider Daikin after Voltas,
Blue star, DAIKIN, Samsung.
Daikin has to makes arrangements to increase the awareness level among the
prospects through media.
Company should improve the service and build the service centre because some
of the respondents in Lucknow who chooses this brand are not satisfied with the
service facilities. This can be improved by regular visit of the service managers as
well as providing regular training to the staff.
Many dealers do not about the brand due to lack of advertisement. If dealers are
aware about the brand but do not deal with it because no distributer visit in their
showroom. Daikin should improve its service to improve the brand image in the
market.
70. 70
Limitations of the Study
Due to time, geographic and monetary constraints. It may not be able to go deeper
in to search
This study is related to Lucknow market only.
This project is primarily focused on Refrigerator, Washing machine Air
conditioners product category.
Unavailability of data. Especially for promotional strategies of competitors.
There could be some errors, data collection, data interpretation, and even the
environment plays an important role in the outcome of the results.
Respondents may not provide full or accurate information during the survey
72. 72
Conclusionand recommendations
1. The first and most important thing which Daikin needs to do is to, it was found in
customer survey that still 64% of people surveyed were not aware of Daikin, even
dealers who are in consumer durable business from more than past 20 years are not
aware of Daikin, for the brand which is only having capability to compete against the
Korean giants DAIKIN and Samsung needs to push the products before a customer
enters inside a store.
2. Daikin needs to increase the number of BTL (below the line) activities to generate
common awareness and visibility at grassroots level, because it can be understood
from the figures of their competitors BTL activities that Daikin BTL activities is not
up to the that mark in comparison to other competitors.
3. In Lucknow market dealers don’t want to put direct push effort on brands that’s why
unlike other cities market where if a dealer deals in DAIKIN they prefer not to deals
with its direct competitor Samsung, but in Gujarat every dealer is having collection of
brands, they want to be ready for everything like whatever customer demands they
can easily find out in their store. Currently Daikin is available with most of the major
dealers in Lucknow, Daikin needs to focus on those dealers also where it will not face
direct competition with DAIKIN and Samsung , a small and dedicated brand dealer
will work not only for margins but they also can see the future opportunities in form
of Daikin.
4. Good thing about Daikin is that they got somehow success in positioning themselves
as a quality brand the customer survey and the dealer’s survey tells the story about it.
People perceived Daikin as a good product quality brand. If this can be associated
with better pricing also there will be immense possibilities for Daikin. Need to create
a value for money brand image which can give good product quality at affordable
prices.
73. 73
5. Company product range is inappropriate especially in AC whereas every company is
having 1 Ton as an entry level AC. Daikin is having 190 liters. If company will launch a
new refrigerators in entry level with less pricing it can attract those customers who want
to opt for a refrigerator in the entry level segment in less pricing there are much more
scope for selling.
6. Daikin needs to build strong dealer relation in order to provide better “place”
strategies for the brand. Daikin lacks in company support factors and most of the
existing dealers in the dealer survey said that. Like most of the companies are having
their regular company dealers meet to get together with their dealers, Daikin lacks
needs to do this in order to regain dealer support
7. Service arrangements need to be strengthen, still people thinks that because the company is
having foreign origin and it is new too, if they will purchase any product they will face
service problem in future . Like Daikin is having 6 service centers whereas its competitor’s
whirlpool, DAIKIN, Samsung, Godrej is having 14, 9, 9, 6 service centers respectively.
Service policy of Daikin is that a customer complaint has to go from dealers, which give
unnecessary work burden on them. Customers in rural Gujarat not aware of the service call
center facilities and don’t know how do it, company is not having the service centers also
there in those area , customers passes the complaints to dealers, and dealers to distributors,
and finally distributors has to log this complaints to the call center, which creates overburden
for them.
8. Any one accepts that as a fully fledged brand, Daikin can only compete with the Korean
giants DAIKIN and Samsung. Product lines and variants in the refrigerators should be
increased to give wider option to choose from to the customer because the Daikin
refrigerators could be proved as a benchmark product for Daikin because of its unique
differentiation with others as a BMR refrigerator.
9. Most of the products are not attractive, looks simple and not represents the brand
quality, mostly in AC segment even the logo on AC are not attractive as compare to
others.
74. 74
10. Daikin should adopt aggressive marketing strategies to cut down competition and
visibility at market place.
11. Appropriate product knowledge should be given by the company to dealers and to
dealers to create awareness towards quality.
12. Overall there is much scope for Daikin in UP market. But Brand visibility should be
increased so it can convince dealers and customers like DAIKIN and Samsung are
more customers driven, where company demand is initiated by the customers, these
company products pulls demand from the market.
13. Company must have to focus on print ads, because where in the TV ads, a person can
see only if he/she open the TV and if the ads is getting broadcast that time, whereas
print ads any person can see going through the news paper throughout the day.
14. Products should be more attractive AC looks very simple and ordinary especially
direct cool refrigerators Entry level AC can do better because of price and 1.5 TON
capacities.
76. 76
BIBLIOGRAPHY
www.daikinindia.com
www.daikinindia.com/products-services/split
www.daikinindia.com/where-buy
www.businesstoday.in/magazine/case...daikin...in-india.../201092.html
Marketing management by Philip kotler
Prof Malcolm Mc Donald, Ian Dunbar Marketing Mapping & Segmentation Vol
2003.1 By The Marketing Process Company
Suresh Khana Secretary General CETMA Competition Issue In Consumer
Electronic And Durable Industry
“Daikin features in Asia’s Most Admired Companies” Survey by BusinessWeek.com New
Delhi, -- July 2007.
.“Daikin we go” The Pioneer, New Delhi, November 24, 2005
“Daikin 's Marketing Strategies in India” international marketing case study by
ICMR at www.icmr.icfai.org
.“Consumer and Trade Promotions - Daikin Appliances (I) Pvt. Ltd” a case study by
ICMR www.icmr.icfai.org
Mckinsey Global Institute `The Bird Of Gold`: The Rise Of India’s Consumer
Market, May 2007 By Mckinsey & Company
77. 77
Annexure
Questionnaire for Air conditioners Market
Mapping FY 14-15
Lucknow
Type of outlet:
1)HA 2)DND 3)ED/AC 4)NON AC Dealer
1) How many brand you deal with in FY 14-15?
2) What is the annual counter size of your showroom for AC FY 14-15?
3) What is the sales ratio between split and window AC in your outlet for FY 14-15?
4) Name the top three selling brands for only Hi-wall split units with annual sales figure at your
outlet?
5) How long are you selling Air conditioners, whether you have any other outlet?
6) Do you deal in daikin product?
A) Yes B) No
If yes then for how long and No. of units sold in FY 14-15?
If No then reason or do you wish to deal with Daikin products in future ?
7) How do you rate our product quality 1-10?
8) Best split AC according to you ?
9) How do you see daikin as a brand?
10) Feedback and suggestions: