Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
510910259
On
A study of Consumer durable market
For
SamSung ElEctronicS ltd with special
reference to bangalore district
For
Master In Business Administration
From
Sikkim Manipal University of Health, Medical
& Technological Sciences
by
Rakesh Kumar Singh
Roll No. 510910259
Rakesh Kumar Singh 2
510910259
Project rePort
On
Submitted by
Rakesh Kumar Singh
( Roll No. 510910259 )
System Domain
# 548, Shyam Complex, 1st Floor
Above Vivek - CMH Road
Indira Nagar, Bangalore
Centre Code: 02779
Submitted by
Master of Business
Administration
of Sikkim Manipal University, India.
Sikkim Manipal University of Health, Medical
and Technological Sciences
Syndicate house, Manipal - 576 104
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Index
1. Acknowledgement 8-10
2. Introduction 11-16
ACKNOWLEDGEMENT
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ACKNOWLEDGEMENT
In this project I have made an honest and dedicated attempt to make the
useful and workable information and knowledge to any person reading it.
During this small time frame of two months in which the project reached its
completion, there were a few people whom I would like to make a mention of
and without whose help the project would have never seen the light of the day.
I also thank to my internal guide Mr. Ravinder Kumar for his timely
response via e-mail, which immensely helped in giving the project the initial
direction it needed.
Manager) who gave me a free hand as far as going about the project work was
concerned.
extremely kind and who at times went out of the way to help me. Without their
co-operation it would have perhaps not been possible to research a few places,
RK Singh
MBA (Marketing)
2009-2011
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Preface
During the training was to get an overview of the Consumer Durable Market of
professional set-up and face the market, which was really a great experience.
I take this opportunity to present the project report and sincerely hope
INTRODUCTION
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INTRODUCTION
Before the liberalization of the Indian economy, only a few companies like
Kelvinator, Godrej, Alwyn, and Voltas were the major players in the consumer
durables market, accounting for no less than 90% of the market. Then, after the
liberalization, foreign players like LG, Sony, Samsung, Whirlpool, Daewoo, and
Today, these players control the major share of the consumer durables
is growing very fast because of rise in living standards, easy access to consumer
finance, and wide range of choice, as many foreign players were entering in the
market with the increase in income levels, easy availability of finance, increase in
consumer awareness, and introduction of new models, the demand for consumer
considered luxury items. However, there were still very few players in categories
65%. MNC's major target is the growing middle class of India. MNCs offer
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on the basis of firm grasp of the local market, their well-acknowledged brands,
and hold over wide distribution network. However, the penetration level of the
players like Godrej, Voltas, Alwyn and Kelvinator. But post liberalization many
foreign companies have entered into Indian market dethroning the Indian
players and dominating Indian market the major categories being CTV,
India being the second largest growing economy with huge consumer
India. LG, SAMSUNG the two Korean companies have been maintaining the
lead in the market with LG being leader in almost all the categories.
The rural market is growing faster than the urban market, although the
penetration level is much lower .The CTV segment is expected to the largest
contributing segment to the overall growth of the industry. The rising income
levels double-income families and consumer awareness were the main growth
INDUSTRY PROFILE
and washing machines. Instruments such as cell phones and kitchen appliances
like microwave ovens were also included in this category. The sector has been
the emerging retail boom, real estate and housing demand, greater disposable
players such as BPL, Videocon, Voltas, Blue Star, MIRC Electronics, Titan,
Whirlpool, etc.
Appliances can be further categorized into Brown Goods and White Goods. The
have been sold in the year 2006-07 with colour televisions (CTV) forming the
bulk of the sales with 30 per cent share of volumes. CTV, refrigerators and Air-
conditioners together constitute more than 60 per cent of the sales in terms of the
In the refrigerators market, the frost-free category has grown by 8.3 per
cent while direct cool segment has grown by 9 per cent. Companies like LG,
Whirlpool and Samsung have registered double-digit growth in the direct cool
refrigerator market.
higher base and fully-automatic categories have grown by 4 per cent to 526,000
segment, the sales of window ACs have grown by 32 per cent and that of split
Since the penetration in the urban areas for these products is already quite
high, the markets for both C-TV and refrigerators were shifting to the semi-urban
and rural areas. The growth across product categories in different segments is
Consumer Electronics
The CTV production was 15.10 million units in 2007-08 and is expected to
volumes have been falling while flat TVs have grown strongly. Market sources
indicate that most CTV majors have phased out conventional TVs and have been
instead focusing more on flat TVs. The flat segment of CTVs now account for
over60 per cent of the total domestic TV production and is likely to be around 75
per cent in 2009-10. High-end products such as liquid crystal display (LCD)and
plasma display CTV grew by 400 per cent and 150 percent respectively in 2009–
10 following a sharp decline in prices of these products and this trend is expected
to continue. The audio/video player market has seen significant growth rates in
the domestic market as prices have dropped. This trend is expected to continue
through 2010- 2011, as competition is likely to intensify to scale and capture the
mass market.
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COMPANY PROFILE
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COMPANY PROFILE
SAMSUNG – Introduction
Vision 2020
As stated in its new motto, Samsung Electronics' vision for the new decade is,
As part of this vision, Samsung has mapped out a specific plan of reaching $400
billion in revenue and becoming one of the world’s top five brands by 2020. To
this end, Samsung has also established three strategic approaches in its
Our Mission
“digital-Company”.
global society.
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Every day, our people bring this philosophy to life. Our leaders search for the
brightest talent from around the world, and give them the resources they need to
be the best at what they do. The result is that all of our products—from memory
chips that help businesses store vital knowledge to mobile phones that connect
people across continents— have the power to enrich lives. And that’s what
the years ahead, our dedicated people will continue to embrace many challenges
and come up with creative ideas to develop products and services that lead in
SAMSUNG HISTORY
system integration. Today Samsung’s innovative and top quality products and
processes are world recognized. This timeline captures the major milestones in
Samsung’s history, showing how the company expanded its product lines and
reach, grew its revenue and market share, and has followed its mission of
September, 2005 The India Retail Forum has awarded Samsung as the Best
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James Damian, SVP, Best Buy and his team handed over the
September.
for the year 2004 from Mr. Shivraj Patil, Union Home Minister.
Asia.
February 2004 Mr. K. S. Kim appointed as the First President and Chief
Refrigerator facility.
Noida
Entertainment (DNIe™)
June 1996 Foundation Stone laid for CTV Factory at Noida, Uttar
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Pradesh.
Samsung
technology industry.
Our commitment to being the world's best has won us the No.1 global
monitors and CDMA mobile phones. Looking forward, we're making historic
SAMSUNG GLOBAL
has of 5 main business units: Digital Appliance Business, Digital Media Business,
Samsung in India
Samsung India is the hub for Samsung's South West Asia Regional
operations. The South West Asia Headquarters, under the leadership of Mr. J S
Shin, President & CEO, looks after the Samsung business in Nepal, Sri Lanka,
offices all over the country . The Samsung manufacturing complex housing
products like Colour Televisions, Mobile phones and Refrigerators are being
exported to Middle East, CIS and SAARC countries from its Noida
Sriperumbudur facility.
according to the Indian market. It has set up a “usability lab” at the Indian
concluded that Indian consumers want more sound oriented products. Thus, the
Samsung televisions for India have a higher sound capacity than their foreign
counterparts.
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introduced for the first time in India a feature called Super Dry. It is present in
three of Samsung’s semi automatic models and dries the clothes better than the
rest.
Samsung washing machines have an additional menu that takes care of the
local Indian wardrobes. They also have a ‘memory re-start’ that takes care of the
PRODUCT PROFILE
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PRODUCT PROFILE
Samsung Refrigrators
Twin Cooling
Automatic Ice Maker
Easy Handle
Consistent Temperature
Samsung Notebooks
experience.
Samsung Camcorders
65X Intelli-Zoom
USB Charging
Scene Mode
OBJECTIVES OF THE
STUDY
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RESEARCH METHODOLOGY
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RESEARCH METHODOLOGY
reach to any conclusion. The project was based on the survey plan. The main
objective of survey was to collect appropriate data, which work as a base for
research problem. Research methodology not only talks of the methods but also
logic behind the methods used in the context of a research study and it explains
why a particular method has been used in the preference of the other methods
Research design
design specifies the methods and procedures for conducting a particular study.
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Research design specifies methods and procedures for study. In this study
the company was interested to know the demand of different consumer durable
for the study among retailers/dealer and. However it was exclusively personal
interview.
Data Collection:
This report was prepared after collecting data from the retailers/ dealers
and past data was arranged from the various studies conducted in last few years
Primary Data:
These data were collected by personal interview with retailers/ dealer. For
this purpose questionnaires were prepared in such that all necessary data would
be collected.
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Secondary Data:
These data were collected from various past studies and other sources of the
company.
SAMPLING METHOD
SAMPLE SIZE
100 Dealers
Research tools:
Questionnaires
RESEARCH AREA
Bangalore city
Yeshwanthapur
Sanjaynagar
Malleshwaram
Mahalakshmipura
Gayathrinagar
Rajajinagar
Gandhinagar
Chickpet
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Chamarajpet
Govindaraj nagar
Chandra layout
Jagajeevan ramnagar
Basavanagudi
Hanumanth nagar
Padmanabha nagar
Jayanagar
Hombegowda nagar
Madiwala
Koramangala
Shanthinagar
Jeevanbheema Nagar
Bharathinagar
Sarvagna Nagar
Banaswadi
Shivajinagar
Jayamahal
Hebbal
Kadugondana Halli
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because it includes product knowledge and field survey job in which we visited
2. Collected the data of actual monthly sale of the SAMSUNG product in few
shop.
3 Found out the problems that the dealer were facing while selling the
SAMSUNG products.
4. Found out the customer response for SAMSUNG products by asking the
SCOPE
1. In term of purchasing power parity (PPP), India is the 4th largest economy in
the world and overtake Japan in the near future become the 3rd largest.
3. India has the youngest population amongst the major countries. There were lot
of people in the different income categories nearly the two third population is
4. There were 56 million people in middle class, who were earning us$4,400-
OPPORTUNITY
developing countries.
3. Rapid urbanization.
THREATS
2. Cheap imports from Singapore, China and from other Asian countries.
LIMITATION OF STUDY
Although I tried my best in preparation of this project, but this study has
some limitation:
1. The period of the project was not sufficient to study all the factors in deep.
3. We cannot say that what the consumer have revealed will be right for each and
5. Some of confidential information viz. credit period, schemes, policies and sales
TheoreTical
Background
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THEORETICAL BACKGROUND
OF THE STUDY
Research methods provide you with the knowledge and skills you need to
training in the scientific method and its application to decision making. Two
factors stimulate an interest in more scientific decision making: (1) the manager’s
increased need for more and better information and (2) the availability of
During the last two decades, we have witnessed dramatic changes in the
in global communications. These changes have created new knowledge needs for
the manager. Other knowledge demands have arisen from problems with
The trend toward complexity has increased the risks associated with
competitive gains. Workers, shareholders, customers, and the public are better
concern with all aspects of society. Each of these factors demands that managers
decision making. You will need to know how to identify good research and how
been a commensurate, increase in the number and power of the tools to conduct
begun to build better theories. The computer has given us a quantum leap in the
also been enhanced. These trends reinforce each other and are having a massive
Internal Sources
information systems create and store much of the internal data. Research and
and marketing and sales studies. The collection methods used are unique to the
specific situation, and collection success depends on knowing just where and
how to look. Sometimes the information may exist in central files (i.e., at
data sources. Internal data sources may be the only source of information for
many studies.
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External Sources
External sources are created outside the organization and are more varied than
internal sources. There are also better defined methods for finding them. This
Published sources of data can be classified into five categories. The newest
interrelated data files. The files are sets of records grouped together for storage
databases are often specialized and focus on information about a particular field.
collections. Within this category there are many reference books, each a
Data analysis
and InterpretatIon
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Graph No. 1
INTERPRETATION:-
According to survey, 86 dealers were sold only C-TV, 67 dealers were sold C-TV
Table no. 2 shows no. of company’s product sold from dealer’s shop.
Graph No. 2
INTERPRETATION-
According to survey, 33 dealers were sold 5 brands, 34 dealers were sold only 2
Graph No. :- 3
INTERPRETATION-
C-TV with 39%, after that VIDEOCON is 2 nd with 23% and then SAMSUNG is on
Graph No.4
INTERPRETATION-
According to dealers, Price is most important parameter for more sale of C-TV
Sr. NO NO. OF
BRAND RESPONDENTS PERCENTAGE
1 LG 22 22
2 VIDEOCON 13 13
3 SAMSUNG 9 9
4 GODREJ 12 12
5 WHIRLPOOL 19 19
6 KELVINATOR 16 16
7 KENSTAR 9 9
TOTAL 100 100
Source:- Survey
Graph No. 5
INTERPRETATION-
Table No.6 shows most important parameter for more sale of REFRIGERATOR
Graph No. :- 6
INTERPRETATION-
LG
9% 18% VIDEOCON
10%
SAMSUNG
9% 11%
IFB
WHIRLPOOL
GODREJ
21% 15% KELVINATOR
7%
KENSTAR
INTERPRETATION-
Table No.8 shows most important parameter for more sale of Washing Machine
Graph No.8
INTERPRETATION-
According to dealers, the most important factor which affects the sales of
washing machine is QUALITY, and then prices and services is considered by the
customers.
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Graph No. :- 9
25 22
20
15
15 13 12
11 10 NO. OF RESPONDENTS
8 9
10
0
I
LG N G ID
A
IP
S
SU ON
Y EX
CO UN N I L N IN
T
S
EO M
S O
PH SA
ID A
V S
BRANDS
INTERPRETATION-
According to dealers, PHILIPS is the most popular brand in DVD market with
22%, after that ONIDA with 15% and VIDEOCON with 13% on 3 rd position.
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Table No.10 shows most important parameter for more sales of DVD
Graph No. 10
INTERPRETATION-
According to dealers, Quality is major factor in respect of more sale of DVD, and
25
21
20 18
15
15 13
NO. OF RESPONDENTS
9 9
10 8 7
0
N J S J
LG G
TA
R
RE ILIP JA NY
CO UN
S D A O
S
EO M
S
EN G
O PH
B
ID A K
V S
INTERPRETATION-
LG and then SAMSUNG. According to dealers, microwave oven does not have
Graph No. 12
INTERPRETATION-
The most important factor of more sales of microwave oven is QUALITY of the
25
20
15
NO. OF RESPONDENTS
10
5
0
L N J
LG G O NY RE PS R
UN
PO CO
O D I LI STA
A O S
M IR
L E O PH N
SA H VID G KE
W
BRANDS
INTERPRETATION-
Table No.14 shows Suggestion from dealers for SAMSUNG to increase the
business
0
ADVERTISMENT
SUGGESTION
INCREASE
IMPROVE
AFTER SALES
SCHEMES AND
REDUCE
QUALITY
LUCKY DRAW
PRICES
MARGIN
DEALER
FAST AND
REGULAR
SERVICE
REGULAR
AT RURAL
AREA
NO. 1 2 3 4 5 6
INTERPRETATION-
FINDINGS
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1. We came to know while visiting the shop most of the dealers sold entire
3. Study shows that quality is most important parameter for more sale of colour
4. Study shows that quality of the product is most important parameter for
5. While visiting the shop we came to know that quality is most important
7. We came to know that while visiting the shop, Kenstar is most preferable
8. While visiting the shop we know that LG is gives high profit margin as
9. While visiting the shop dealers suggested that after sales service is most
10. All the dealers were not satisfied with the profit margin.
12. Maximum rural area is covered by the VIDEOCON because of their low price
products.
13. We came to know while visiting the shops that there was big problem of after
sales service.
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14. Many dealers were facing the problem of after sale service because there is no
competitors.
SUGGESTIONS &
RECOMMENDATIONS
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Company should distribute free key chain, calendar, t-shirts for making
than price.
Company should introduce low cost products to satisfy the needs of low
or middle class.
CONCLUSION
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CONCLUSION
With respect to the above study and the findings thereby, the company
With few more concerted efforts, the said organization needs to enter the
ANNEXURE &
BIBILOGRAPHY
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ANNEXURE
A. Questionnaire
Name of shop:
Address:
Contact no.:
1) Which is consumer durable product you sold from your shop?
□C-TV □Refrigerator □Washing Machine
□DVD □Microwave
2) How many no. of company’s product you sold from your shop?
□ONE_______________________________________________
□TWO_______________________________________________
□THREE_____________________________________________
□FOUR______________________________________________
□FIVE_______________________________________________
□SIX________________________________________________
7) Which is major brand of Washing Machine you sold from your shop?
□ IFB □ Whirlpool □ Kenstar □ LG
□ SAMSUNG □ Videocon □ Kelvinator □ Godrej
10) What is the important parameter for more sales of DVD brand?
□ Price □ Quality □ Services □ Advertisement
□ Schemes
11) Which is major brand of Microwave you sold from your shop?
□SAMSUNG □ LG □ Videocon □ Kenstar
□ Godrej □ Philips □ Bajaj □SONY
12) What is the important parameter for more sales of Microwave brand?
□Price □ Quality □ Services □ Advertisement
□ Schemes
14) What are your suggestions for SAMSUNG to increase the sales?
_________________________________________________________________
__________________________________________________________________
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14. Devi International, # 12, 10 6Th Main, 2Nd Block Bangalore- 41508062
Jayanagar 560011
15. Encon Impex Pvt Ltd No 45 2Nd Floor, Vinayaka Electronic 41119378/41695025
Plaza , 1St Cross Sp Road Bangalore,
560002
16. Ezone - Cunn Rd No.15, 16 17, Sigma Mall, Grnd Flr, 32413975
Cunningham Road, Bangalore - 560052
18. Ezone - Ind Ngr No.62, Asha Pearl, Opp To Axis Bank, 25216854
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20. Ezone - Kormangala Opp To Sukh Sagar, 100Ft Rd, 4Th Blk, 25520241
Koramangala, Bangalore - 560034
23. Girias Invst. Pvt Ltd, # 138, Sholla Circle, Brigade Road Near 2235555,22915555
Brigade Road Brigade Towers Banalore-56002
24. Girias Invst. Pvt Ltd, # 526, Indranagar, Koramangala Ring 43532222
Domlur Raod, Opp Dell, Bangalore-560071
25. Girias Invst. Pvt Ltd, No 5 A/C - 422, 2Nd Block, Hrbr Road, 42598888
Hrbr Bangalore - 560043
26. Girias Invst. Pvt Ltd, # 37, 100Ft Road, Jayanagar 1St Block , 26566140,41,42
Jayanagar Opp Dayananda Sagar Choutry
Bangalore-11
27. Girias Invst. Pvt Ltd, No 1/1-4, 1/1-E, 7Th Cross, Gudadahalli, 26741226
Mysore Road Mysore Rd, Banglaore 560026
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28. Girias Invst. Pvt Ltd, # 1035/125, 20Th Main Road, W.O.C 23119236,42673000
Rajajinagar Road, 5Th Block, Rajajinagar,
Bangalore-560010
29. Girias Invst. Pvt Ltd, # 1/1, Bellary Road, Cauvery Theater 42646666
Sadashivnagar Circle, Sadashiv Nagar, Bangalore-
560080
31. Jainex Technologies No 119/6, Ii Floor, Iii Cross, S.P Road 22292199
Bangalore, 560002
32. Mega Compu World No-1/1 Pc Lane -Sp Road Cross 2242492 / 2241220
Pvt Ltd Bangalore, 560002
36. Next - Hsr No.2625, Op Cpwd Qtrs, 27Th Mn, 1St 32479266
Sec, ?Hsr Layout, Bangalore - 560102
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37. Next - Jayanagar No.108, Udaya House, 30Th Crs, 8Th B 32479263
Mn Rd, Jayanagar 4Th T Block,
Bangalore - 560011
38. .Next - Jp Nagar No.665/10, 11Th B Mn, 5Th Blk, 100Ft 32479264
Ring Rd, Jayanagar, Bangalore - 560041
48. Rajtronics, B.T.M # 8, 100Ft Main Road, Btm 2Nd Stage 41311901
Layout (Brand Shop) Bangalore-560076
51. Sridurga Computech 179-24 27Th Cross 6Th Block Jaya Nagar 26639956-65
Pvt. Ltd. Bangalore, 560082
53. Total , Airport Rd Near Shiva Temple, Old Airport Road, 25222501
Musugesh Palya , Bangalore 560070
Bangalore,
55. Total, Madivala Opp Police Station, Hosur Main Road, 26248888
Baglaore - 560068
59. Unilet Appliances, # 17, 100Ft Road, Btm Layout, 2Nd 25227421,37
B.T.M Layout Stage, Bangalore-560078
64. Varun #144, 1St Main Raod, Opp Cto Office, 23364266
Electronics(Brand Seshadripuram, Bangalore-560020
Shop)
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66. Vasanth Co, K.H # 1/1 Prestige Court, Kh Raod (Double 22236633
Road Road) Bangalore-560027
67. Viveks Ltd., 100Ft #1134, 100Ft Road , 2Nd Stage Indra 41461910
Rd Nagar, Bangalore-560038
68. Viveks Ltd., # 36/1, Elephant Rock Road, 3Rd Block, 41356644
Jayanagar Jayanagar, Bangalore-560011
80. Bhandari Electronics No 228, Sadar Patrappa Road, Bangalore 2223207/ 2226994
83. Adtec Electronics Pvt 113, 3rd Crs MICO Arekere Lyt 1st Stg 26585461
Ltd Bgt Rd-560076
86. Allied Electronics & 302 Blue Crs Chambers 11 Infantry Rd- 25591315
Magnetics Ltd 560001
87. Anuraj Electrical & 570, 2nd Ph Bsk 3rd Stg-560085. 26722116
Electronics
90. Avishkar Electronics 1844 33rd Crs 10th Mn Bnsk 2nd Stg- 26719910
560070
92. Benaka Electronics 13, WOC Rd 4th Stg Indl Town-560044 23353615
95. Canara Electronics # 1494, 8th Main `A' Blk,2nd Stg R-Ngr- 22902002
560010
96. C-Cube Electronics 390 5th Mn 12th Crs 2nd Stg WOC Rd 23592059
Mahalakshmi Pura-560086.
100. Decibels Electronics C-2 SPL Habitat 138 Gangadhar Chetty 25327335
India Pvt Ltd Rd Uls-560042
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BIBLIOGRAPHY
o http://www.samsung.com/in/aboutsamsung/index.html
o http://www.samsung.com/in/aboutsamsung/corporateprofile/index.html
o http://www.samsung.com/in/aboutsamsung/corporateprofile/history.html
o http://www.samsung.com/in/aboutsamsung/corporateprofile/visionmission
.html
o http://www.samsung.com/in/consumer/index.html