PROJECT REPORT ON COMPARATIVE STUDY OF REFRIGERATOR OF VARIOUS COMPANIES IN LUCKNOW CITY

Submitted under the partial fulfillment of the requirement for the IV Semester MBA

Submitted By
Vinay Kumar Verma MBA-M&S Enrollment no: A7002210035 Specialization- Marketing & Sales

Under supervision of:

Dr. Shaili Vadera

AMITY BUSINESS SCHOOL AMITY UNIVERSITY UTTAR PRADESH LUCKNOW

CERTIFICATE

This

is

to certify

that Survey

report

entitled as Comparative study of

refrigerators of various companies in Lucknow city This Survey has been prepared by Vinay Kumar Verma under my supervision and guidance. This Survey is an outcome of his extensive endeavor on the above Subject. I wish him every success in his future life.

Place: Date: -

Signature .

DECLARATION

I Vinay Kumar Verma student of MBA IV Semester from amity business school , Lucknow , Survey Project Report on Comparative study of refrigerators of various companies in Lucknow city It is outcome of my own work and the same has no been submitted to any college/ university/ institute for the award of my degree.

CONTENT

1. Certificate 2. Declaration 3. Preface 4. Acknowledgement

5. 6. 7.

Introduction to the E-Marketing About the e-marketing Objective of the survey.

8. Research Methodology 9. Data Analysis 10. Finding & Recommendation 11. Conclusion 12. Bibliography 13. Enclosure of Questionnaire

PREFACE
As a part of the course curriculum, the M.B.A. students are required to have Survey in the corporate world. The objective behind taking this type of working is to relate the management subjects taught in the market to their practical application. The preparation of this Survey report is based on facts and findings noted during the market research. Information received from written and published documents and briefings by company products and services. The scope of the Survey work is to analyze the data received from our research. My work in this Survey work is, therefore, a humble attempt towards this end. In spite of my best efforts there may be errors of omissions and commissions, which may please be excused.

ACKNOWLEDGEMENT

It gives me great pleasure to express my gratitude to all the esteemed people who helped me in the preparation of this Survey which has been a great learning experience. I would like to thank to Dr. Shaili Vadera, giving me the opportunity to work on this Survey project on Comparative study of refrigerators of

various companies in Lucknow city

. I am highly obliged to all those who have helped us directly or indirectly in successful completion of this Survey.

Date.

Vinay Kumar Verma MBA-IV Semester

Place: Lucknow

The History of the Refrigerator and Freezers

William Cullen's

Drawing:

Design before mechanical refrigeration systems were introduced, people cooled their food with ice and snow, either found locally or brought down from the mountains. The first cellars were holes dug into the ground and lined with wood or straw and packed with snow and ice: this was the only means of refrigeration for most of history. Refrigeration is the process of removing heat from an enclosed space, or from a substance, to lower its Temperature. A refrigerator uses the evaporation of a liquid to absorb heat. The liquid, or refrigerant, used in a refrigerator evaporates at an extremely low Temperature, creating freezing temperatures inside the refrigerator. It's all based on the following

PHYSICS: - A liquid is rapidly vaporized (through compression) - the quickly expanding vapor
requires kinetic energy and draws the energy needed from the immediate area Which loses energy and becomes cooler? Cooling caused by the rapid expansion of gases is the primary means of refrigeration today.

The first known artificial refrigeration was demonstrated by William Cullen at the University of Glasgow in 1748. However, he did not use his discovery for any practical purpose. In 1805, an American inventor, Oliver Evans, designed the first refrigeration machine. The first practical refrigerating machine was built by Jacob Perkins in 1834; it used ether in a vapor compression cycle. An American physician, John Gorier, built a refrigerator based on Oliver Evans' design in 1844 to make ice to cool the air for his yellow fever Patients. German engineer Carl von Linden patented not a refrigerator but the process of liquefying gas in 1876 that is part of basic refrigeration technology.

TYPE OF REFRIGERATOR
Refrigerator types are simple - direct cool and frost-free refrigerator. Direct cooling ones are mostly single door refrigerators and frost-free refrigerators are mostly double and multiple doors. The abundant variety comes in the form of capacity. You can choose from mini, small, medium and large refrigerators.

Mini (50 to 100 liters): perfect for your studio apartment or bachelor pad; just enough for one person to store the occasional can of beer and juices along

With bare food items. These are really small, single door refrigerators. Small (170 to 200 liters): just right for a couple or even a small kitchen. This one is small and wont take too much space while giving you just enough to store your weekly groceries. You would go for this if you were on a tight budget. These are single door refrigerators.

Medium (200 to 450 liters): This is for the nuclear household. Not too small yet not too big. Reasonably priced these provide ample storage with enough features that are value for money. These could be single as well as double door refrigerators.

Large (450 to 800 liters): For the big home and big budget. These refrigerators are right out of the lifestyles of the rich and famous catalogue. You would go for this if you have a large household and are really fond of throwing elaborate dos. The large sized could be double door, three door, bottom mounted, side-by-side.

REFRIGERATOR CAPACITY

Size of Family 1 2 3 4 5 6 7 8 9 10 11 12

Refrigerator Capacity in liters 200-230 260 290 300 350 400 450 500 550 600 650 700

Single Door Refrigerator

Single Door Refrigerators

These are one of the oldest and conventional refrigerators. As the name suggests, they come with a single door. The upper portion here is a freezer, the middle portion is a refrigerator and the bottom portion has a vegetable bin. Single-door refrigerators start from 50 liters and go up to 300 liters. These are entry-level refrigerators and are in the low-price range.

Pros

Is available in smaller sizes for smaller usage Fits in a small space Freezer section is more efficient Ideal for small offices/clinics and grocery stores

Cons

Manual defrosting required twice in a week. If defrosting is not done in time, the defrosting water tray might spill, causing a mess. Not available above 300 liters Since all three sections (freezer, refrigerator and vegetable bin) are together, odour mixture in the food is common Heat-exchanging pipes/coils are visible (not concealed) in most of the single-door refrigerators.

Double Door Refrigerator

Double-door refrigerator
Out of two doors, one door is for the freezer section and the other is for the refrigerator and vegetable sections. They either have a freezer section on top and refrigerator and vegetable sections at the bottom or vice versa. They start from 200 liters. And go up to 660 liters. These are the highest-selling refrigerators and are in mid-price range.

Pros

Bigger vessels/ beverage bottles can be accommodated, depending upon the capacity of the refrigerator Available in wired shelves (weight-holding capacity: 90 kg), acrylic shelves (weightholding capacity: 40 kg) and toughened glass (weight-holding capacity: 90 kg) Refrigerators with acrylic/ toughened glass will have a unique temperature in each compartment

Cons

Deodorizer feature not available in smaller sizes Not available in smaller sizes The vegetable section is smaller compared to a three-door refrigerator If the refrigerator section located in the lower part, you have to bend down to get the vegetables.

REFRIGERATOR BRANDS AVAILABLE IN INDIA

Do

you

know

there

are

multiple

brands

available

in

India

for

Refrigerator?

Here you can find website links of Brands available in India for Refrigerator .This website consolidates good brands available in Indian market for Refrigerator (Fridge). Visit each brand and then take decision. Also you can find online as well as offline deals available for Refrigerator.

Refrigerator in India
Akai Electrolux Godrej LG Samsung Sanyo Videocon Whirlpool

Other products you might be interested in.

Air Conditioners Air Coolers Dryer Microwave Oven Power Inverters Vacuum Cleaner Washing Machines

Refrigerator An introduction

Years back refrigerators were seen as a necessity for storing milk based products, eggs, butter vegetables and so on.

Today this hasnt changed much in Indian market, but there is awareness about options. For those who are looking to buy a new refrigerator, here is an article which hopes to introduce the miracle gadget which is probably the next most wanted on every homemakers list after television.

Typically a refrigerator is a cooling device and offered in many flavors. Each has a unique advantage and a disadvantage associated to it. Lets try and analyze the types out there.

Single door , normal refrigerator Double door, normal refrigerator Single door, frost free refrigerator Double door, frost free refrigerator

In the above classification the single door predominantly has another smaller door inside for the deep freeze section. Similarly, the double door is a stacked option. There exist two doors one on top of another each opening the normal and freezer sections respectively. Apart from these categories there are also more expensive 2 door refrigerators which are placed adjacent to each other. Here even advanced features such as cold water/ice dispenser are present in the refrigerator.

The frost free refrigerator is definitely superior as it requires no periodic maintenance. The regular refrigerator however requires periodic defrosting otherwise the freezer portion becomes highly crowded and inaccessible. Some refrigerator types have water collecting trays located at the bottom. You may want to avoid these as they can be good spots for mosquitoes to breed. You may also want to buy a plastic stand on which your whole refrigerator rests. This is just a trick to cause more space under the refrigerator for cleaning the home. We highly recommend that you use a 15A socket and plug point, 3 pin of-course to avoid nasty shocks while operating the refrigerator.

Depending on the voltage fluctuations we would also advise usage of a stabilizer with some kind of an auto timer which only resumes power to the refrigerator after 3 minutes or so. Periodic cleaning of the refrigerator inside and outside ensures odor free operation.

OBJECTIVE OF THE SURVEY

The survey project has been entitled to see the improvement of the refrigerators in the modern era. Refrigerators are important for the houses for the multipurpose use. To maximization use of the refrigerators in the modern era for the home and business uses. The refrigerators are also home and business uses its use multipurpose areas.

RESEARCH METHODOLOGY

According to CLIFFORD WOODY, Research is a careful inquiry or examination in setting the facts or principle, a diligent investigation to ascertain something.

METHODOLOGY:Methodology is the systematic and objective identification, collection analysis, dissemination, and use of information for the purpose of improving decision making related to the identification and solution of problem. During the course of conducting the study the information were gathered mainly through the primary sources. Conducting field survey by talking to the individual and the methodology used in the survey was personal observation and interview with the consumer with the help of questionnaire.

DATA COLLECTION:

The task of data collection begins after a research problem has been defined and research design has been chalked out. While deciding about the method of data collection to be used for the study, the research should keep in mind two types of data viz. Primary and Secondary. SOURCES OF DATA Primary Data. b) Secondary Data.

PRIMARY DATA: The Primary Data are those, which are collected afresh and for the first time and thus happen to be original in character. The observation method is the most commonly used method especially in studies relating to behavioral sciences. In a way we all observe things around us, but this sort of observation is not scientific observation. Observation becomes a scientific tool & the method of data collection for the researcher, when it serves a formulated research purpose, is systematically planned & recorded & is subjected to check & controls on validity & reliability. Under the observation method, the information is sought by way of investigators own direct observation without asking from the respondent. The main advantages of this method are that subjective bias is eliminated if observation is done accurately secondly, the information obtained under this method relates to what is currently happening.

However, observation method has various limitations.

1) It is an expensive method, 2) The information provided by this method is very limited, 3) Sometimes unforeseen factors may interfere with the observational task.

At times, the fact that some people are rarely accessible to direct observation creates obstacle for this method to collect data effectively. While using this method, the researcher should keep in mind things like:

SECONDARY DATA: The secondary Data are those which have been already collected by someone else and which have already been passed through statistical process. The Secondary Data regarding the project was given by the company which was a list of the outlets that were to be visited.

METHODOLOGY ADOPTED FOR RESEARCH

For this project, the method available was to get enough information through personal interaction with the outlet owners with the aid of a questionnaire. The collection of primary data requires considerable time. In this research the Primary data were obtained by actual working in the market and interacting with the outlet owners or managers who are involved in the process. The secondary data was a list of the outlets that were to be surveyed and was given by the company.

SAMPLE SIZE

For carrying out any research or study on any subject it is very difficult to cover even 10% of the total Population. Therefore the sample size has to be decided for a meaningful conclusion. For designing the sample size, it was thought proper to cover a very small percentage of population in various age groups. The method used for sample technique was non probability convenience sampling method. This method is used because it is known previously as to whether a particular person will be asked to fill the questionnaire. Convenient sampling is used because only those people will be asked to fill the questionnaires that were easily accessible and available to the researcher. Considering the constraints, it was decided to conduct the study based on sample size of 50 retailers in specific.

DATA COLLECTION

Que.1- Are you user of refrigerator?

Option Yes No

No. of respondent 35 15

Percentage 70% 30%

yes no Slice 3 Slice 4

By the table and graph we can see that the 70% people agree with the first option, 30% people agree with the second option, Que.2- How you aware about refrigerator?

Option News paper Television Internet Others

No. of respondent 20 20 `5 5

Percentage 40% 40% 10 10%

40 35 30 25 20 15 10 5 0 news paper television internet others

By table and graph we can see that the 40%people agree with the first option,40% people agree with the second option, 10% people agree with the third option, 10% people agree with the fourth

Que.3- Which companys refrigerator you use? Option Whirlpool LG Samsung Videocon No. of respondent 5 20 10 5 Percentage 10% 40% 20% 10%

Others

10

20%

40 35 30 25 20 15 10 5 0 whirlpool LG samsung videocon othres

By table and graph we can see that the 10%people agree with the first option,40% people agree with the second option, 20% people agree with the third option, 10% people agree with the fourth option and 20 % people agree with the fifth option.

Que.4- Why are you prefer this companys refrigerators?

Option By working By design By cost Others

No. of respondent 25 5 15 5

Percentage 50% 10% 30% 10%

50 45 40 35 30 25 20 15 10 5 0

by working by design by cost others

By table and graph we can see that the 50%people agree with the first option,10% people agree with the second option, 30% people agree with the third option, 10% people agree with the fourth option.

Que.5- On which basis you purchase refrigerator?

Option Price Usage

No. of respondent 20 30

Percentage 40% 60%

60 50 40 30 20 10 0 price 3-D Column 2 usage

By the table and graph we can see that the40% people agree with the first option 60% people agree with the second option,

Que.6- According to you what is the perfect characteristics of refrigerators?

Option Low price Well working Design All above

No. of respondent 10 20 15 5

Percentage 20% 40% 30% 10%

40 35 30 25 20 15 10 5 0 By table and graph we can see that the 20%people agree with the first option,40% people agree with the second option, 30% people agree with the third option, 10% people agree with the fourth option. low price well price design all above

Que.7- Which company is providing better service of refrigerators?

Option Whirlpool LG Samsung Videocon Others

No. of respondent 5 20 10 5 10

Percentage 10% 40% 20% 10% 20%

40 35 30 25 20 15 10 5 0 whirlpool LG samsung videocon others

By table and graph we can see that the 10%people agree with the first option,40% people agree with the second option, 20% people agree with the third option, 10% people agree with the fourth option and 20% people agree with the fifth option.

Que.8- In which season refrigerator is mostly used?

Option Summer Winter Rainy

No. of respondent 45 0 5

Percentage 90% 0% 10%

90 80 70 60 50 40 30 20 10 0 summer winter rainy

By the table and graph we can see that the90% people agree with the first option, 0% people agree with the second option and 10% people agree with the third option.

Que.9- Which level of people are most user of refrigerators?

Option High level Middle level Low level High and Middle

No. of respondent 15 5 1 29

Percentage 30% 10% 2% 58%

60 50 40 30 20 10 0 high level middle level low level high & middle

By table and graph we can see that the 30%people agree with the first option,10% people agree with the second option, 2% people agree with the third option, 58% people agree with the fourth option.

Que.10 For which purpose you like to purchase the refrigerators?

Option For home purpose For commercial purpose Others

No. of respondent 30 1 15 5

Percentage 60% 30% 10%

60 50 40 30 20 10 0

for home for commercial purp. others

By the table and graph we can see that the60% people agree with the first option,3 0% people agree with the second option and 10% people agree with the third option.

OBSERVATIONS AND FINDINGS

The following are the observations or findings: 1) The outlet owners and the shop owners had many complaints and queries about the company in regards to many issues like delivery, cooler maintenance, availability of certain brands etc. 2) The outlet owners complained that the distributors were not very punctual in the delivery of stock to outlet owners. However, the distributors informed that the payments were not

received from the outlet owners. Moreover the delivery van has a fixed schedule as per which they cover the complete area. 3) The outlet owners also complained that the coolers were not in proper working condition and that the company had not responded to their complaints. But it was also observed that the outlet owners were careless about the maintenance of the cooler themselves and that is why the coolers did not work properly. 4) In some areas, it was found that the outlets were reluctant to use the racks or stands given by the company and they had no valid reason for the same. So it was a task convincing them to use these elements so that their sales could go up. 5) Ninety nine percent of the outlet owners i.e. 50 outlets were aware of the concept of market activation and only two outlet owners were unaware of the same.

CONCLUSION

It was an excellent experience while working on the survey on the topic of comparative study on e-marketing of various companies in Lucknow city. I learnt about the environment and culture of the organization, which I feel will help me in my future endeavors in life.

During the entire course of the Survey, a total of 50 outlets were surveyed and a detailed analysis of the awareness of the outlet owners regarding the activation measures that the company takes was studied. Then based on this analysis, menu cards and menu boards were printed for the eating and drinking outlets and given to the outlets respectively. In the first part of the project, a survey of selected outlets was conducted by taking interview of outlet owners or managers. Based on the information gathered through the outlet managers or owners, the menu cards and menu boards were given for printing and the new menu cards or boards were given to the respective outlets. The final outcome of the project was more than the expected result. Sixty percent of the outlets were activated out of the total sample size. Thus, I would again like to thank all the concerned people who have helped me to successfully complete the Survey

LIMITATIONS

Every Survey even if completed has some limitations. Although the entire Survey went through pretty well, there were some limitations. So, it is wise to point out these limitations instead of glossing over them.

The limitations of this Survey are as follows: The sample size taken in the project was 50. This sample size of 50 was not sufficient in a complete Lucknow city. Survey had to be completed in specified period of two months. So the results obtained are for a period of two months only. Some of the outlet owners were not cooperative while giving their responses. The responses of some outlet owners were biased.

BIBLIOGRAPHY

WWW.GOOGLE.CO.IN WWW.YAHOO.COM

QUESTIONNAIRE
Comparative study of refrigerators of various companies in Lucknow city. Personal Details:Name

Gender A. Male B. Female Age GroupA. 0-20 B. 20-30 C. 30-45 OccupationA. Student B. Service Man C. Business Man D. Other Family income (Monthly Basis) A. B. C. D. Up to 20000 B. 20000-40000 C. 40000-60000 D. 60000 And above D. 45 And above

SURVEY DETAILS:
Que.1- Are you user of refrigerator? a) b) Yes No

Que.2- How you aware about refrigerator? a) b) c) d) News paper television Internet Others

Que.3- Which companys refrigerator you use? (a) (b) (c) (d) (e) Whirlpool (b) LG (c) Samsung (d) Videocon (e) Others

Que.4- Why are you prefer this companys refrigerators? (a) By working (b) By design (c) By cost (d) Others Que.5- On which basis you purchase refrigerator? (a) Price (b) Usage Que.6- According to you what is the perfect characteristics of refrigerators? a) b) c) d) Low price Well working Design All above

Que.7- Which company is providing better service of refrigerators?

(a) Whirlpool (b) LG (c) Samsung (d) Videocon (e) Others Que.8- In which season refrigerator is mostly used? (a) Summer (b) Winter (c) Rainy Que.9- Which level of people are most user of refrigerators? (a) High level (b) Middle level (c) Low level (d) High and Middle Que.10- For which purpose you like to purchase the refrigerators? (a) For home purpose (b) For commercial purpose (c) Others