Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Ltd.
Corporate
Electrical
office
New
Delhi,
equipments
India
| Establishment
1964
| Website www.bhel.com |
Bharat Heavy Electricals Ltd established in the year 1964 is a leading power plant equipment
manufacturer and has expertise in engineering, manufacture, construction, testing, designing and
servicing of various products of the core sectors such as defense, power, industries etc. BHEL is
among the top electrical companies in India and which has total 16 manufacturing divisions and
four regional offices. It is currently operating more than 150 project sites across India and
abroad.
2 | Alstom
Business
generation
and
transmission
| Website www.alstom.com |
Alstom a multinational corporation is one of the best electrical companies in India and world,
operating in hydroelectric power transportation and generation and it is active in many core
industry sector. Company has a workforce of 9000+ employees in India and over 85000+
worldwide.
3 ABB Corporate office Zrich, Switzerland | Establishment 1988 |
Business Electrical equipments | Website www.abb.com |
ABB holds interests in robotics and mainly in the automation and power areas. ABB is active in
the field of electricity grids manufacturing and other technologies in the field of automation and
power. ABB is one of the few giant electrical player at global level and among the largest
engineering company in the world.
4|
Siemens
Business
Corporate
Renewable
office
Erlangen,
energy,
Power
Germany
generation
| Establishment
&
1847
transmission| Website
www.energy.siemens.com |
Siemens a German conglomerate is rated one the finest electrical company in India. Companys
product line includes generators, steam turbines, compressors, high-voltage switching products
and many more. Siemens employees more than 86000 people worldwide and it is a leading
supplier of energy related products worldwide.
5.Crompton Greaves Corporate office Mumbai, Maharashtra | Establishment 1878 |
Business Electrical | Website www.cgglobal.com |
Crompton Greaves is a part of Avantha Group which is headquartered in Mumbai. CGL deals in
manufacturing, marketing and designing of power transmission and generation related products.
CGL has manufacturing units in Canada, France, Hungary, UK, US, Indonesia, Ireland, India and
Belgium.
6. Bajaj Electricals Ltd.
Corporate office Mumbai, Mharashtra | Establishment 1938 |
Business
Electrical
Appliances
| Website www.bajajelectricals.com |
Bajaj Electricals is a leader in the field of electrical equipment and headquartered in Mumbai. It
is one of the top 5 electrical companies in India having 19 branch offices across India. Bajaj
Electricals provides complete range of consumer durable such as fan, electrical appliances,
lighting which includes tubes, lamps etc.
7 | Eason Reyrolle Corporate office Bangalore, Karnataka | Establishment 1986 |
Business Electric Equipments & Industrial Consumables | Website www.easunreyrolle.com |
Established in 1980 Easun Reyrolle is a Power Management Products, Transmission,
Distribution & Industrial Application, Systems, Solutions and Services provider having
significant presence in global market as reputed electrical products manufacturer.
8. Schneider Electrical
Corporate office Rueil Malmaison, France | Establishment 1981 |
Business Electric Equipment | Website www.schneider-electric.co.in |
Schneider Electric a French company established in the year 2000 is among the top electrical
companies in India which is involved in energy management. Company has a workforce of more
than 17000 employees and has 31 global manufacturing Plants.
9| Wipro Lighting
Corporate office Pune, Maharashtra | Establishment |
Analytical interpretation
2. To know about the market share covered by different switch brands in India.
Company
Market share
OSRAM SYLVAN
Philip
Glob
Conglo
Panasonic
Greenlite ,
30
26
26
8
4
6
Market share
30
25
20
15
10
5
0
Market share
Marketing Practice
Brand : Roma
Company : Anchor ( Panasonic)
Brand Analysis Count : 516
Indian switch market is estimated to be around INR1800 crore and is dominated by Anchor with
a share of 50%. Anchor Electricals which is one of India's largest electrical products company
was formed in 1963 and virtually created the branded electrical accessory market in India. The
company effectively filled the need for quality and reliable electrical products in a market
dominated by unorganized players.
In 1976, the company launched India's first Piano type switch with the sub-brand Roma. The
product was highly successful and Roma became India's largest selling modular switch.
( Source : superbrand). In 2007, Anchor was taken over by Panasonic and now is a subsidiary of
the global giant.
Roma is the market leader in the INR 800 crore modular switch market. The brand was earlier
promoted as a sub-brand of Anchor ( Anchor Roma) and was heavily supported by the company
interms of its brand building efforts.
Anchor should be very much appreciated for building a brand in a boring product category like
switches. The brand was able to change consumer's perception about products like modular
switches. One has to take into account that consumers where not considering switches as style
statements but as a functional product.
Roma was promoted by Anchor by highlighting its aesthetics and reliability. The brand earlier
had the tagline " Zindagi Khubsoorat Banaye " Watch the ad here : Anchor Roma
After the acquisition by Panasonic , Roma was elevated as an individual brand endorsed by "
Anchor by Panasonic " . Roma also launched its premium range branded as Romoa Viola and
promoted by a hyperbole type ad.
Roma is again in the consumer's mindspace because of the new campaign revolving around the
brand's claim of being the " Largest selling modular switch brand in India". In positioning
parlance, the brand has taken on Category Positioning.
Watch the ads here :
Roma Butterfly ad
Roma Marble Ad
The ads are created for only one purpose i.e to highlight the fact that Roma is the best selling
switches in the country. The brand also have the tagline " India's largest selling modular switches
". This is a straight textbook strategy of owning up the category and positioning as the category
leader.
The basic premise of the campaign is that consumers are not aware of the leadership position and
the brand wants to remind them so as to assure that they are buying the market leading brand.
Although the theme of the ad, its setting has a total disconnect with the product, the campaign
however drives the message to the mind of the consumer.
I remember Orpat and Ajanta brands positioning on the platform of being the " Largest ". Being
the largest, biggest, etc give some kind of an assurance to the consumers regarding the quality,
reliablity , support etc.
Although being the " Largest " has its own set of advantages, Roma needs to cover its flanks
because lot of brands like Legrand, Havell etc were able carve out mindspace by positioning on
aesthetics , reliability etc.Harping on being " The Largest " may not be enough.
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Product
General Electrics capital finance segment includes commercial loans, operating leases,
home loans, credit cards, and personal loans.
GEs technology division produces Intrusion and fire detection products, card access
systems, aircraft replacement parts, jet engines, medical diagnostics, medical imaging as well as
patient monitoring equipment.
The company also provides products related to energy infrastructure such as wind
turbines, gas turbines, water purification systems, and aircraft engine derivatives.
General Electrics NBC Universal Division operates cable networks, and produces motion
pictures.
Price
General Electric introduced a Power by the Hour program for its aircraft engines, in
recognition that its customers were not merely purchasing its airplane engines, but also the
ability to minimize downtime through its maintenance and service initiatives.
In 2004 GE raised prices in for its Infrastructure Water and Process technology customers
as a result of increasing cost pressures in a global economy, citing marketplace conditions for
water treatment solutions which made it more expensive to do business.
Introduction
General Electric originated in 1892 when Thomson-Houston Electric and Edison General
Electric merged. Initially focusing on products such as toasters, motors and light bulbs, it is now
a diversified company composed of media, financial services and technology divisions. These
divisions provide business and consumer financing services, media content, as well as products
such
as
aircraft
engines,
power
generation,
water
processing,
and
security
Place
GE has subsidiaries located in Singapore, Mexico, Munich, China and Ontario Canada
General Electric has global business projects including Southeast Asia, Northern Asia,
Austrialia/New Zealand, Africa, Latin America and Europe.
Promotion
In 2001, General Electric selected Responsys, Inc., as the preferred vendor to implement
GE Services Networks email marketing programs.
GEs slogan we bring good things to life is among the most recognizable in the world.
General Electric has used co-branding to market its products, including Culligan,
Calphalon and Lenox.
Process
The General Electric Company, with the assistance from the Boston Consulting Group
and McKinsey and Company, pioneered the nine cell strategic business screen used to identify
the most favorable position with attractive growth opportunities as well as competitor strength.
In the 1950s GE produced the famous "blue books" five volumes of detailed guidance
for its managers.
GE management has utilized techniques such as leadership development, Work Out, and
Six Sigma.
General Electric undertakes a constant appraisal process that involves firing its bottom
10% employees each year.
GE strives to accomplish its goals with four core values in mind: imagine, solve, build,
and lead.
General Electric (GE) had used the Lateral Diversification Strategy as its growth
strategy marketing new products or services that have no technological or commercial
synergies with current products, but which may appeal to new groups of customers.
Physical Evidence
Russia has been one European country in which GE has made significant investments
including an equipment fleet with more than 1,500 large units.
The Middle East is diversifying beyond its oil-based economy with explosive
development. GE is enabling growth with crucial investments of infrastructure resources such as
oil and gas as well as aviation.
GE has subsidiaries located in Singapore, Mexico, Munich, China and Ontario Canada
People
Jeffery Immelt is the current chairman of the board and chief executive officer of GE.
General Electric employs an integrity policy called The Spirit & The Letter which
every employee supports with a signed pledge.
General Electric provides an employee and retired employee outlet store with discount
products.
GE utilizes skills-based customer service routing technology, GE directs your call to the
service or support rep most qualified to answer your question.
into a cell phone store despite your reluctance to deal with a bewildering
number of phones, options, plans, along with a confusing price structure. As
usual, you find youll have to wait a bit for a salesperson. The greeter hands
you a card with a big 97 printed on it, and says, It should only be a few
minutes. Well call your number, 97, when a salesperson can help you. You
notice that a large digital display on the wall is showing 94. You see it click
to 95, then 96, and finally 97. The receptionist says, Number 97, please,
and a salesperson appears to assist you. You thought nothing of the numeric
ordering of customers, but its possible that the store had an ulterior motive:
they could have been attempting to manipulate the price you would pay.
Sound bizarre? Read on
When a consumer is presented with an offer, a key element in the decision to
accept or reject it is whether it appears to be a fair deal or not. We know
that buying pain the activation of our brains pain center when paying for a
purchase increases when the price seems too high. But how does that
value equation work? The answer is anchoring typically, we store an
anchor price for different products that we then use to judge relative value.
That sounds simple enough but its actually not. Some anchor prices are
stickier than others, and at times totally unrelated factors can affect
these anchor points. The better marketers can understand how anchoring
works, the more creative and effective pricing strategies they will be able to
develop.
Irrational Anchors
Heres where anchor prices get weird and weird isnt a word we throw
out lightly here at Neuromarketing. Up to this point, there was a perfectly
logical framework underpinning the brains anchoring process. But research
conducted by Ariely showed that getting subjects to think of a random
number in this case, the last two digits of their social security number
impacted the price they were willing to pay for various items. A higher
random number led to higher prices.
Below is just one data set from Arielys experiment prices that subjects
would pay for a cordless keyboard:
SS Number
Price
00-19
$16.09
20-39
$26.82
40-59
$29.27
60-79
$34.55
80-99
$55.64
Presetting an Anchor
Other experiments by Ariely showed that anchors could be preset for
unfamiliar items, in that case a payment for listenting to an annoying sound.
A questionnaire that included, Would you be willing to listen to this sound
again for $.10 elicited lower bids than those subjects asked the same
question with a price of $.90.
thrive despite having prices that must have seemed at odds with the
expectations of most consumers?
First, Starbucks did its best to disassociate itself from existing price anchors
by redefining the product. The stores offered a different ambiance, they
were permeated by an intense coffee aroma, the food items offered in glass
display cases were high-end pastry items, and so on. Even the products
themselves were distinct from other coffee vendors: the sizes werent small,
medium, and large, but rather tall, grande, and venti. You werent buying a
cup of coffee, you were buying a Caff Misto or a Frappucino. All of this
served to weaken the tie to anchor pricing formed at other shops.
Second, according to Ariely, repeated visits to Starbucks served to establish
a NEW anchor price for high-end coffee products. Each purchase of $4 coffee
strengthened that new anchor point.
bargain and stimulating more sales. When they introduced the iPhone 3G,
pricing was as low as $199, and they sold a million phones in three days.
There are many reasons why marketers start with a high price initially. One
big one is to work the demand curve, i.e., get a high price from the portion
of the market willing to pay that much before dropping the price to reach a
larger number of customers. A key benefit of this strategy for new products,
though, is that a high anchor price is established in the minds of
customers, making each subsequent reduction a bigger bargain.
Can marketers take advantage of irrational anchor pricing? Would
asking customers to think of a number between 90 and 99 while standing in
line at a fast food restaurant make them willing to pay more for a burger?
Should stores hang posters of big numbers by the checkouts? While Arielys
work suggests that this kind of irrational anchoring effect could exist, I
wouldnt recommend building a marketing strategy around such techniques.