Professional Documents
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A Perfect Marketing Project For MBA Students
A Perfect Marketing Project For MBA Students
Acknowledgment
My summer training with Asian paints Limited is a lifetime experience
that I will cherish throughout my career. This project has provided me a
great
guidance,
advice,
suggestion
and
constant
encouragement
Page | 2
SUVADEEP BAGCHI
MBA (Marketing)
INTERNATIONAL BUSINESS SCHOOL, KOLKATA
Table of Contents
Component
List of figures
List of Tables
Executive Summary
Company Profile
Objectives
What is Paint
Concept of builders
Time Scheduling
Research Methodology
Data Analysis
Findings
Recommendation
Conclusion
References
Appendices
Abbreviations
Annexure
Figure
No.
I.
II.
III.
IV.
Page No
3
4
5
8
12
14
23
29
31
40
79
80
82
83
84
86
87
List of
Description of figure
figure
Different surface of paint
Factors of good paint
A Pie chart to described decorative paint market segment in India
A Pie chart to described Industrial paint market segment in India
Page
No.
18
19
21
22
Page | 3
V.
VI.
VII.
VIII.
IX.
X.
XI.
XII.
XIII.
XIV.
XV.
XVI.
XVII.
XVIII.
XIX.
XX.
XXI.
XXII.
XXIII.
XXIV.
XXV.
XXVI.
XXVII.
XXVIII.
XXIX.
XXX.
XXXI.
XXXII.
XXXIII.
XXXIV.
22
25
27
31
41
45
53
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
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74
75
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77
81
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List of tables
Table
Description of table
No.
Page
No.
a.
29
b.
actual work
Sample size details
38
c.
42
d.
Result of Z-test
48
e.
50
f.
53
g.
54
h.
55
i.
56
j.
58
k.
60
l.
62
m.
64
n.
products
Percentage of responded builders in products range of APL
66
o.
68
p.
70
q.
APL
Percentage of responded builders in Knowledge about texture
72
finish
Page | 5
C h a p te r
1
2
3
4
Page | 6
Executive Summary
1. Introduction: Customer Satisfaction is the buzzword used by the business people for the
success of organization in the present days. Due to the increases of heavy
competition in every product line it become difficult for the companies to
retain the customers for longer time. So retain the customer for longer time
the marketer has to do only one thing i.e. customer satisfaction .If customer
is fully satisfied by the product it not only rub the organization successfully
but also fetch many benefits for the company.
This research is a hypothesized study which was conducted to measure the
Builders satisfaction level towards the project sales division of Asian paints.
This research was conducted in Kolkata. This project was done during the
period of 15 May 2010 to 15 July 2010.
2. Aim and objectives: Aim of this project is to find out satisfaction level of builders towards the APL
Company and also categories the builders according to companys level
plan.
3. Methodology: To meet the research objectives, following activities have been performed.
1. An extensive search of relevant literature from news articles, internet,
books. This step guided the development of the methods and
instruments for collecting data.
2. Designing the questionnaire.
Page | 7
3. Survey has been carried out by face to face interviews with the
questionnaire.
4. The Survey was included both by quantitative, forced-choice or close
ended questions, qualitative and open-ended questions. Analysis was
done on the basis of the information gathered at the time of interview.
4. Finding and recommendation:It seems self evident that companies should try to satisfy their
Builders. Satisfied builders usually return and buy more; they convey
other builders about their experiences and make them loyal towards
the company. The different strategies have to be followed by Asian
paints, consists of Customer relationship management, strategy to
provide better facility and strategy to provide better after sales service
to builders.
CRM as a tool was used to create positive word-of-mouth, to monitor
customer experiences and generate referrals. A series of CRM activities
were implemented with regular direct communication, customer
satisfaction surveys, events, festive offers, rewards program, etc.
Page | 8
C h a p te r
1
2
3
4
Page | 9
Company profile
1. Introduction:Asian Paints is India's largest paint company and ranked among the top ten
Decorative coatings companies in the world with a turnover of INR 66.80
billion. Asian Paints along with its subsidiaries have operations in 17
countries across the world with 23 paint manufacturing facilities, servicing
consumers in 65 countries through Berger International, SCIB Paints Egypt,
Asian Paints, Apco Coatings and Taubmans.
2. Vision:Asian Paints aims to become one of the top five Decorative coatings
companies world-wide by leveraging its expertise in the higher growth
emerging markets. Simultaneously, the company intends to build long term
value in the Industrial coatings business through alliances with established
global partners.
3. History:Today: Asian Paints becomes the 10th largest decorative paint company in
the world
Asian Paints is more than twice the size of its nearest competitor
P a g e | 10
1967
Asian Paints emerges as India's leading paint company ahead of any
international competition.
1957 - 66
The family-owned company makes the transition to a professionally
managed organisation.
British company Balmer Lawrie rejects the products of a giant British
paint company in favour of Asian Paints.
Asian Paints embarks on an ambitious grassroots marketing campaign,
partnering with thousands of dealers in small towns all over India.
1954
Asian Paints mascot, Gattu, the mischievous kid, is born.
P a g e | 11
1945
Asian Paints touches a turnover of Rs. 3, 50,000, with an innovative
marketing strategy "to reach consumers in the remotest corners of the
country with small packs."
1st February, 1942
Armed with little knowledge and great determination, Champaklal H.
Choksey, Chimanlal N. Choksi, Suryakant C. Dani and Arvind R. Vakil
get together to manufacture paint in a garage on Foras Road, Bombay.
They name their company 'The Asian Oil & Paint Company', a name
that they picked randomly from a telephone directory.
4. Human Resources
Asian Paints believes that people are its strongest assets, for a company can
go only as high as its people aim. It is people who innovate and invent, and
who engineer the efficiencies that make a business succeed. It is they who
drive growth and lead to greater heights. At Asian Paints, our human
resources systems are designed to create a focused, performance oriented
and agile company. Talent pools of over 4700 employees employed across
23 countries bring in a unique blend of mindsets and skills.
An open and interactive work culture brings out the best in our people. A
sense of ownership and freedom to experiment at their workplace brings out
P a g e | 12
C h a p te r
P a g e | 13
1
2
Objectives
Knowledge must not be confined to ivory towers;
but step out and find practical applications
1. Primary Objective: -
Mapping of Builders
:-
P a g e | 14
2. Secondary Objective: Identify the following: Kind of services expected by builders from a paint company.
Strengths/Weakness of Asian paints Company.
Type of services provided better by the competitor.
Nearest competitor of Asian paints in builder section.
1
C2
h
a
p
t
e
r
3
4
5
6
7
8
P a g e | 15
What is paint?
Definition: Paint is a pigmented material which when applied to a surface
forms a solid opaque coating under normal conditions of
atmospheric temperature or elevated temperature.
Paint is a solid / fluid material which when spread over a surface
in the form of a thin layer will form a solid, adherent, cohesive dry
film in transparent / opaque form.
Paint is a coating which makes a film over the surface and
protects the surface from internal and external environment and
decorates the surface.
P a g e | 16
Purpose of painting:
Components of paints:
Pigment
Binder
Solvent
Additives
P a g e | 17
P a g e | 18
Painting Surface
henFugsactorRiPSWblExTmpyIvAUV\Dk
P a g e | 19
M P
a a
s
on
n
r
yn
g
s
u
r
a
c
e
Figure I
Figure II
The
Indian
paint industry
P a g e | 20
The market size of the Indian paints sector has been pegged at Rs 170
billion in value terms and is very fragmented.
While in value terms, the industry grew by 17% to 18% in FY09, in
volume terms, the growth stood at 9% year over year, the lowest in the
last five year.
The per capita consumption of paints in India stands at 0.5 kg per
annum as compared to 1.6 kg in China & 22 Kg in developed
economies. Indias share in the world paint market is just 0.6%.
The unorganized sector controls around 35% of paint market, with the
organized sector accounting for the balance. In the unorganized
segment, there are about 2000 units having small and medium sized
paints manufacturing plants.
The unorganized sector has historically been dominant due to the high
excise structure.
Over the last five years, the excise rates have come down drastically
from 40% to 18% resulting in erosion of the unorganized sectors
share.
The paint industry is characterized by low fixed assets intensity but
high working capital intensity. The main investments are in brand
building and distribution infrastructure.
New trends are emerging in technology and marketing. Introduction of
Tinting Machine at the dealer / retailer level will bring down working
capital costs.
Also new technology is being used for increasing the utility and
lifespan of paints. Indian industry will have to keep pace with global
technological changes to maintain their competitiveness.
Already a few alliances have been entered into and the number is likely
to increase in the future.
The outlook for the industry is positive especially given the good
prospect for automotive and white goods industry.
P a g e | 21
P a g e | 22
Figure III
P a g e | 23
Figure IV
P a g e | 24
3%
Decorative Paints segment
28%
Automotive coating
Figure V
C h a p te r
1
2
3
P a g e | 25
Concept of builders
1. Definition:A builder is responsible for the construction of masonry structures.
Their work can involve sheet rock, ceramic tile, painting, personnel
deal with material estimates and labor projections.
P a g e | 26
3. How builders work: Builder visits the site to learn more about it, talks with the architect
who designed the project about the plan and develops an estimate for
the client. The estimate includes all types cost associated with the
project. Laid out a document which reduced the costs so that people
understand how the builder arrived at the estimate. Once the estimate
is approved, the builder starts work.
Builders are the coordinators of the construction site. With the
architect's drawings in hand, they find people to perform all the work,
including establishing foundations, framing, siding, roofing, and interior
finishing such as plumbing, wiring, dry walling and painting .
Builders also handle tasks like ordering supplies, controlling supply
costs, managing waste, confirming that all of the contractors and
employees are qualified for the work, and working with property
inspectors to ensure that the structure meets the building code.
Typically, builder has a large staff so that it can have several projects
underway at once, and the staff includes people experienced in many
different aspects of construction, from lawyers who handle
construction issues to foremen with extensive experience in the field.
The services offered by a builder can vary widely. Many choose to
specialize in particular types of projects, such as Residential &
Commercial Complexes, Office Buildings and Township, Shopping mall,
Hospital, Institution, Clubs & resort, Hospitality sector etc.
P a g e | 27
Builders often begin their job by helping to obtain building permits and
by surveying land so that they know what to keep in mind while
building on it, such as its drainage and natural vegetation. Once the
builder establishes that the property is ready, building begins! Builders
are on-sight during construction making sure that all of the aspects of
the structure are built properly and according to plan.
4. Types of Builders:There many types of builders but for my project I am concern those
builders who construct masonry structure. According to my project I
differentiate the builders in basis of their working process and Asian
paints Company segmented the builders on the basis of their capacity
for betterment of their service.
B
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s
s
Figure VI
P a g e | 28
Project builders: Project builders generally: Have a number of different houses being constructed at one
time.
Have a team of salespeople to negotiate the building deal.
Offer the home buyer access to a design service.
Offer house and land packages and possibly finance.
Contract builders: Contract builders generally: Offer a more personalized service and custom-built houses.
Remain personally involved with a project from start to finish.
Offer a design service.
P a g e | 29
P a g e | 30
B
O
u
n
i
g
l
o
id
e
n
r
g
s
Figure VII
Ongoing: - On going projects are those which are started but not ready for
painting. It is segmented by three categories: Starting phase
Under construction
Fully completed
Under follow-up:- Ready for painting but yet not painted for final decision.
It is also segmented by three categories for its time duration: Hot (0 60 days)
Warm (60-120 days)
Cold (120+ days)
Closed: - Painting job fully completed
P a g e | 31
Time Scheduling
In this project I have some work plan and its execution. My project is of 60 days,
i.e., 2 months.
Table a
Activities
Number of Days
Number of days
Planned
Actual work
1
3
1
1
2
1
style
Questionnaire preparation
Visit market with PSO
Builders data collection from
1
4
5
2
3
4
P a g e | 32
Sonarpur
Builders data collection from Garia
Builders data collection from
3
3
2
3
11
Dumdum
Builders data collection from Paik
para
Builders data collection from
Ballygunge
Builders data collection from Hazra
road
Builders data collection from Barasat
Grouping the raw data
Analysis of the data
Final preparation of the project
4
1
7
6
3
2
8
10
Tollygunge
Builders data collection from
P a g e | 33
Chart Title
Number of Days Planned
8
7
6
5
4
3
2
1
3
2
1
B
u
il
rs
at
in
co
l
ct
i
le
on
ct
i
&
co
m
fr
om
an
Pa
ik
ro
fi
ar
le
Figure VIII
P a g e | 34
C h a p te r
1
2
P a g e | 35
Research methodology
Research Framework: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 thorough brain storming
session, objectives were selected and the set on the base of these
objectives, a questionnaire was designed giving major emphasis by
gathering new ideas or insight so as to determine and bind out solution to
the problems.
Research Process:In this project I had to survey the various location of Kolkata. In my
survey primarily I had to find out the ongoing project work, builders and
project name of that project work, information about the builders and
secondarily the presence of competitor and the other factors that would
facilitate the company.
For these objectives the research methodology that I followed:
P a g e | 36
Limitations of the study: Time limit restricts detailed survey work for this particular topic of
research.
The survey is restricted to the builders who are involved in project
work.
P a g e | 37
P a g e | 38
P a g e | 39
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P a g e | 41
P a g e | 42
Sample Size: - large sample give more reliable result than small
sample, so for this reason I had taken around 70 builders to find out
the proper satisfaction level.
Table b
Unit
Key account
Mid rank builders
Small or promoter
Numbers
10 builders
25 builders
35 builders
P a g e | 43
C h a p te r
P a g e | 44
1
2
3
4
5
Data Analysis
Sampling method: - The sampling method for this study is as far as
possible Normally Distributed.
P a g e | 45
Figure IX
The sampling is done kept in mind to achieve some realistic results. The
Qualitative and Quantitative analysis samples were obtained by
Probability Sampling Method (where every sample from the
population of builders has equal chances of being selected). Simple
Random Sampling. (Samples were randomly selected from the
population of builders).
Scaling:-A scale is a mechanism by which individuals are
distinguished as to how they differ from one another on the variables
of interest of our study.
I have considered Nominal scale (Builders/project name, No. of
project done/ongoing in a year, project type) and the rest is Ordinal
scale. (Product satisfaction parameters, Service satisfaction
parameters and company satisfaction)
Rating scale:-I have used a Likert Scale to examine how strongly
respondents have agreed or disagreed with the statements given in
the Questionnaire on a five point scale with the following anchors:
Table c
P a g e | 46
STRONGLY
AGREE
AGREE
NEUTRA
L
DISAGR
EE
STRONG
LY
DISAGR
EE
Z-test: - A Z-test is any statistical test for which the distribution of the
test statistic under the null hypothesis can be approximated by a
normal distribution. Due to the central limit theorem, many test
statistics are approximately normally distributed for large samples.
Therefore, many statistical tests can be performed as approximate Ztests if the sample size is not too small.
P a g e | 47
xH 0
p /n
P a g e | 48
percentage=
no of respondents
100
total respondents
P a g e | 49
WX
W
Where; D
X
P a g e | 50
Hypothesis Testing
Flow of Hypothesis:-
P a g e | 51
d
B
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Q
A
V
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is
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Figure X
P a g e | 52
P a g e | 53
Z Test
P a g e | 54
Table d
Statement of Hypothesis
Sampl
e
mean
(x)
very 4.01
4.08
=0.
05
H0
Rejected
0.99
6.96
1.64
H0
Rejected
0.95
8.85
1.64
0.06
18
1.64
H0
H0
Rejected
H0 = 3
H1 > 3
0.068
11.91
1.64
H0
Rejected
H0 = 3
H1 > 3
1.64
Status
Rejected
1.84
Hypoth
esis
H0 = 3
H1 > 3
Z
critic
al
H0 = 3
H1 > 3
H3= Quality of is a
important things of paints.
1.14
Test
statistic.
Applied
Z TEST
H0 = 3
H1 > 3
Standard
deviation
Of the
Sample( )
0.06
18.66
1.96
H0
Rejected
H0 = 3
H1 3
0.08
6.25
1.94
H0
P a g e | 55
H0 = 3
H1 3
Rejected
0.22
7.09
1.64
H0
Rejected
0.16
8.06
1.64
H0
Rejected
0.074
10.81
1.64
H0
Rejected
1.34
0.93
1.64
H0
Accepte
d
H0 = 3
H1 > 3
H0
H0 = 3
H1 > 3
1.94
H0 = 3
H1 > 3
3.87
H0 = 3
H1 > 3
0.08
H0 = 3
H13
Rejected
H0 = 3
H1 3
0.22
4.59
1.96
H0
Rejected
P a g e | 56
Reliability Analysis
The reliability of each scale was assed via item to total correlation ( a
method used to understand the reliability of a particular measure where in
the responses of individual item in the measure and the sum total of the
responses of all the items in the same measure are tested for correlation)
and Cronbach coefficient alpha. The results of the reliability analysis are as
follows:Table e
Scale
Items
Scale
Mean if
item
delete
d
Product
Coverage
longevity
Quality
Value for money
Product range
21.756
9
20.716
5
21.345
0
21.408
8
20.971
6
Scale Correct
Varian
ed
ce if
item
item
Total
delete correla
d
tion
21.441 .5361
7
.5492
19.825 .5750
0
.4944
20.410 .5715
5
20.942
2
20.639
3
21.251
7
20.506
8
20.960
3
15.865
0
15.168
4
20.450
7
21.176
1
19.938
5
17.614
1
17.737
0
About
Value
compan Reputation
y
Easy doing
business
Reliable
preferred
.5973
.4185
.6061
.6187
.6190
Squared
Multiple
correlati
on
Alpha if
item
deleted
0.3435
0.3093
0.3553
0.2724
0.3370
.8017
.7996
.7955
.8066
.7962
.7988
0.3886
0.2440
0.3988
0.3981
0.3949
.7928
.8185
.7908
.7906
.7905
P a g e | 57
Service
s
Post selling
Pre selling
Delivery on time
Durability
15.811 20.736
4
0
15.642 18.808
9
6
15.215 18.718
9
8
.3999
.6067
.5768
0.1665
0.3844
0.3504
.8239
.7937
.7980
Interpretation of Reliability analysis:SPSS output shows the results of this reliability analysis for the fear
putting subscale. The values in the column labeled corrected ItemTotal Correlation are the correlations between each item and the total
score from the questionnaire. In a reliable scale all items should
correlate with the total.
So, I am looking for items that dont correlate with the overall score
from the scale: if any of these values are less than about 0.3 then
problems will arise because it means that a particular item does not
correlate very well the scale overall. Items with low correlations may
have to be dropped. For these data, all data have items-total
correlations above 0.3, which is encouraging.
The values in the column labeled Alpha if item deleted are the values
of the overall if that items isnt included in the calculation. As such,
they reflect the change in Cronbachs that would be seen if a
P a g e | 58
particular item were deleted. The overall is 0.823 and so all values in
this column should be around that same value.
What I am actually looking for is values of greater than the overall .
If the deletion of items increases Cronbachs then this means that the
deletion of that item improves reliability. Therefore, any items that
result in substantially greater values of than the overall may need
to be deleted from the scale to improve its reliability.
None of the items here would substantially affect reliability if they were
deleted. The worst offender is question about post selling services:
deleting this question would increase from 0.823 to 0.824.
Nevertheless this increase is not dramatic and both values reflect a
reasonable degree of reliability.
Finally, and perhaps most importantly, the value of Alpha at the very
bottom is Cronbachs: the overall reliability of the scale. In this case
is slightly above 0.8 and is certainly in the region indicated by Kline,
so this probably indicates good reliability.
Factor analysis
As the first step in examining the validity of each measure, explanatory
factor analysis was employed using SPSS17.
All the items of all the measures were factor analyzed together to test
convergent and discriminate validity of the measures.
P a g e | 59
.711
3067.6
45
.378
.000
P a g e | 60
Sample size
The K.M.O value of 0.711 indicates that the condition is good for further
tests to be carried out.
Bartletts test
This tests whether the correlations between questions are sufficiently large
for factor analysis to be appropriate. In this case it is significant (x2 (378) =
2989.77, p < .001 indicating that the correlations within the R-matrix are
sufficiently different from zero to warrant factor analysis
Now I have the SCREE PLOT showing the Eigen values according to the
Components that are being considered for the Factor Analysis:-
Figure XI
P a g e | 61
Communalities
Initial
ID
Coverage
Longevity
Quality
Value for money
Product range
Company value
Company reputation
Easy doing business
Reliability
preferred
Pre selling services
Post selling services
Delivery on time
Extraction Method: Principal Component Analysis.
Table g
Extraction
1.000
1.000
1.000
1.000
1.000
1.000
1.000
1.000
1.000
1.000
1.000
1.000
1.000
1.000
.745
.804
.861
.635
.499
.479
.656
.672
.775
.580
.364
.693
.518
.605
P a g e | 62
Co
Initial Eigenvalues
mp
on
Total
% of
Cumulati
ent
Variance
ve %
1
4.113
29.376
29.376
2
1.319
9.424
38.800
3
1.269
9.065
47.865
4
1.097
7.838
55.703
5
1.088
7.770
63.473
6
.913
6.521
69.994
7
.824
5.884
75.878
8
.734
5.244
81.122
9
.708
5.057
86.178
10
.643
4.595
90.773
11
.414
2.961
93.734
12
.396
2.829
96.563
13
.251
1.793
98.356
14
.230
1.644 100.000
Extraction Method: Principal Component Analysis.
Extraction
SPSS has extracted 5 factors based on Kaisers criterion of retaining factors
with eigenvalues greater than 1.Kaisers criterion is accurate when there are
less than 30 variables and the communalities after extraction are greater
than 0.6. For these data, there are 14 variables and the mean communality
is 0.635 so extracting five factors are warranted.
Table h
-.670
.053
-.126
.275
.006
Coverage
.413
-.723
.018
-.036
.331
Longevity
.240
.240
.249
.311
.766
Quality
.634
.029
-.311
-.319
-.181
.610
.176
.054
.219
-.213
Product range
.554
-.124
.215
.082
-.323
ID
P a g e | 63
Company value
.726
.258
.051
-.243
-.030
Company reputation
.007
.873
-.116
-.020
.031
.161
.392
.558
-.509
.159
Reliability
.678
-.085
.295
.158
-.029
preferred
.318
.504
.306
.213
-.177
.055
.090
-.492
-.052
.363
.265
.391
-.542
.021
.035
Delivery on time
.059
-.031
-.043
.513
-.125
Note
Five factors have been extracted, based on my criterion that only factors
with eigenvalues of 1 or more should be extracted. Cumulative percentage
of variance explained column extracted five factors together account for
63.4% of the total variance (Information contained in the original ten
variables).
Extraction
Looking at the pattern matrix and using loading greater than 0.4 as
recommended by Stevens, we see the following pattern:Table i
Company
reputation
preferred
Easy doing
business
Delivery on time
Longevity
P a g e | 64
P a g e | 65
Result at a glance
T o rfi en d u oc iun t g w ha e d fta h cae tros tre hs eaf rqoe um ae csa t ipgo trn eo dur poi sr f e ljiea cb tle d o r
ain mo t e o. r n eg l at h e d s va m r ipa lbe l eb su i lnd teo r sa . s m a l e r s e t o f
fa c to rs .
Test
Z
test
Reliability
Analysis
Factor
analysi
s
Figure XII
Reason
Result
P a g e | 66
Options
Satisfied
Fully satisfied
Neutral
Dissatisfied
Fully dissatisfied
Total
Respondents
39
15
3
8
5
70
Percentage
55.7%
21.4%
4.2%
11.4%
7.14%
100%
Interpretation:-
Satisfied
fully satisfied
Neutral
Dissatisfied
Fully
dissatisfied
Figure XIII
55.7% of builders
are satisfied with
the coverage of
APL Products.
21.4% of builders
are fully satisfied
with the
coverage of APL
products.
Very negligible
numbers of
builders are
dissatisfied
(11.4%) and fully
dissatisfied
(7.14%).
4.2% of builders
P a g e | 67
20%
10%
id
Fu
lly
is
ss
ti
sf
e
ei
d
D
is
sa
ti
sf
N
eu
tr
a
ei
d
Sa
ti
sf
fu
lly
Sa
ti
sf
ei
d
0%
Figure XIV
Interpretation: 50% of key account builders, 60% of mid rank builders & 54% of small
promoter are satisfied with coverage of APL products.
20% of key account builders, 24% of mid rank builders & 20% of small
promoter are fully satisfied with coverage of APL products.
Very small amount of builders are dissatisfied and fully dissatisfied with
the coverage of APL products.
P a g e | 68
Most of the builders are satisfied with the coverage of APL products.
Options
Satisfied
Fully satisfied
Neutral
Dissatisfied
Fully dissatisfied
Total
Respondents
32
22
8
5
3
70
Percentage
45.7%
31.4%
11.4%
7.1%
4.2%
100%
Interpretation:-
Satisfied
Fully satisfied
Neutral
Dissatisfied
Fully
dissatisfied
Figure XV
46% of builders
are satisfied &
31% of builders
are fully
satisfied with
the longevity of
APL products
longevity.
11% of builders
are neutral to
give their
suggestion.
P a g e | 69
Key account
15%
10%
Small promoter
5%
is
sa
ti
sfi
ed
d
Fu
lly
ti
sfi
ed
D
is
sa
ne
ut
ra
d
sa
ti
sfi
e
fu
lly
sa
ti
sfi
ed
0%
Figure XVI
Interpretation: In key account 40% builders are satisfied, 20% are builders fully
satisfied, 20% are builders neutral, 10% builders are dissatisfied & 10
% builders are fully dissatisfied with the APL products longevity.
In Mid rank builders account 48% builders are satisfied, 32% builders
are fully satisfied, 12% builders are neutral, 8% builders are
P a g e | 70
dissatisfied & 4% builders are fully dissatisfied with the APL products
Longevity.
In account of small promoter 46% builders are satisfied, 34% builders
are fully satisfied, 9% builders neutral, 6% builders are dissatisfied &
3% builders fully dissatisfied with the APL products longevity.
Most of the builders are satisfied with the APL products longevity.
Options
Satisfied
Fully satisfied
Neutral
Dissatisfied
Fully dissatisfied
Total
Respondents
56
8
5
1
0
70
Percentage
80%
11.4%
7.1%
1.4%
0%
100%
P a g e | 71
Satisfied
Fully satisfied
Neutral
Dissatisfied
Fully
dissatisfied
80% builders
are satisfied &
11.4% builders
are fully
satisfied with
quality of APL
products.
Only 1.4%
builders are
not satisfied
with the APL
products
quality.
7.1% of
builders are
Figure XVII
Comments: - It seems all builders feel that quality of APL products is great.
P a g e | 72
90%
80%
70%
60%
50%
40%
Key account
30%
20%
Small promoter
10%
Fu
lly
is
sa
ti
sfi
ed
D
is
sa
ti
sfi
e
ne
ut
ra
sa
ti
sfi
ed
fu
lly
sa
ti
sfi
ed
0%
Figure XVIII
Interpretation: In key account 60% of builders are satisfied, 30% of builders are fully
satisfied, 10% of builders are neutral and not a single builders are
dissatisfied with the quality of APL products.
In Mid rank builder account 80% of builders are satisfied, 8% of
builders are fully satisfied, 8% are neutral and not a single builders are
dissatisfied or fully dissatisfied with the quality of APL products.
It seems most of the builders feel that the qualities of APL products are
never make them dissatisfied.
P a g e | 73
Table m
Options
Satisfied
Fully satisfied
Neutral
Dissatisfied
Fully dissatisfied
Total
Respondents
32
11
23
3
1
70
Percentage
45.71%
15.71%
32.86%
4.29%
1.42%
100%
Interpretation:-
Satisfied
Fully satisfied
Neutral
Dissatisfied
Fully
dissatisfied
45% of
builders are
satisfied with
the value of
money of APL
products.
A huge
number of
builders give
neutral (32%)
suggestion in
this category.
A negligible
numbers of
builders
Figure XIX
P a g e | 74
Key account
Mid rank builders
20%
Small promoter
10%
Fu
lly
is
sa
ti
sfi
ed
D
is
sa
ti
sfi
e
ne
ut
ra
sa
ti
sfi
ed
fu
lly
sa
ti
sfi
ed
0%
Figure XX
Interpretation: In key account 70% builders are satisfied, 20% builders are fully
satisfied and 10% of builders are dissatisfied with the value for money
of APL products.
In Mid rank builders account 52% of builders satisfied, 16% are fully
satisfied, 24% are neutral and 4% are dissatisfied.
There is certain fall in satisfied and fully satisfied level from key
account to small promoter. It seems most of the key account builders
P a g e | 75
are satisfied but the small promoters are not as much satisfied like key
account.
Options
Satisfied
Fully satisfied
Neutral
Dissatisfied
Fully dissatisfied
Total
Respondents
40
11
15
3
1
70
Percentage
57.14%
15.71%
21.42%
4.28%
1.42%
100%
Interpretation
Satisfied
Fully satisfied
Neutral
Dissatisfied
Fully
dissatisfied
Figure XXI
57% builders
are satisfied
with the
products range
of APL.
16% of
builders are
fully satisfied,
21% are
neutral, and
4% are
dissatisfied
while 1.42% is
fully
dissatisfied
P a g e | 76
10%
Fu
lly
is
sa
ti
sfi
ed
D
is
sa
ti
sfi
e
ne
ut
ra
sa
ti
sfi
ed
fu
lly
sa
ti
sfi
ed
0%
Figure XXII
Interpretation: In key account 40% of builders are satisfied, 20% are fully satisfied,
30% are neutral and 10% are dissatisfied.
P a g e | 77
60% of mid rank builder are satisfied, 20% are fully satisfied, 16% are
neutral and 4% are dissatisfied with the products range of APL.
Satisfaction level of key account is less than the satisfaction level of
mid rank builders and small promoters.
Options
Satisfied
Fully satisfied
Neutral
Dissatisfied
Fully dissatisfied
Total
Respondents
50
10
0
7
3
70
Percentage
71.42%
14.28%
0
7.14%
4.28%
100%
P a g e | 78
Interpretation:-
Satisfied
Fully satisfied
Neutral
Dissatisfied
Fully
dissatisfied
71% of builders
are satisfied &
14% are fully
satisfied with
the pre-selling
service of APL.
7% of builders
and 4% of
builders are
dissatisfied or
fully
dissatisfied.
Figure XXIII
P a g e | 79
90%
80%
70%
60%
50%
40%
Key account
30%
20%
Small promoter
10%
Fu
lly
is
sa
ti
sfi
ed
D
is
sa
ti
sfi
e
ne
ut
ra
sa
ti
sfi
ed
fu
lly
sa
ti
sfi
ed
0%
Figure XXIV
Interpretation: In key account 70% builders are satisfied, 10% are fully satisfied while
20% are dissatisfied with the pre- selling services of APL.
Pre-selling service is not adequate with the small promoters. It seems
that company not gives much importance to the small promoters as
what they give the key account and mid rank builders.
In Mid rank builders account 84% of builders are satisfied while 16%
are fully satisfied.
P a g e | 80
Options
Satisfied
Fully satisfied
Neutral
Dissatisfied
Fully dissatisfied
Total
Respondents
15
14
19
12
10
70
Percentage
21.42%
20%
27.14%
17.14%
14.28%
100%
Interpretation:-
Satisfied
Fully Satisfied
Netrual
Dissatisfied
Fully
Dissatisfied
Figure XXV
In this category,
21% builders
are satisfied and
20% are fully
satisfied.
17% builders
are dissatisfied
and 14%
builders are
fully dissatisfied
while 27% are
neutral to give
their
suggestion.
P a g e | 81
15%
Small promoter
5%
Fu
lly
is
sa
ti
sfi
ed
D
is
sa
ti
sfi
e
ne
ut
ra
sa
ti
sfi
ed
fu
lly
sa
ti
sfi
ed
0%
Figure XXVI
Interpretation: In key account 30% of builders satisfied, 10% are fully satisfied, 20%
are neutral while 20% each in dissatisfied and fully dissatisfied
category.
In mid rank builders account 20% are satisfied, 16% are fully satisfied,
36% are neutral, 12% are dissatisfied while 16% are fully dissatisfied.
P a g e | 82
In small promoter category 20% of builders are satisfied, 26% are fully
satisfied, 23% are neutral, 20% are dissatisfied while 11% are fully
dissatisfied.
Options
Respond
Percentage
ents
Yes
11
16%
No
59
84%
Total
70
100 %
Interpretation:16% of builders
have knowledge of
texture finish while a
Yes
No
large chunk of
builders (84%) did
not have any
knowledge of
texture finish.
Figure XXVII
Comments:-
P a g e | 83
Majority of the builders are not introduced with the texture finish.
Builders of key account and some of mid rank builders account have
knowledge of texture finish. It seems that there is no uniformity about
the knowledge of texture finish.
Chart Title
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Apex Ultima Apex
Rank 1
Rank 2
Duracast
ACE
Rank 3
Rank 4
Figure XXVIII
P a g e | 84
Interpretation:-
Chart Title
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Apex Ultima Apex
Rank 1
Duracast
Rank 2
ACE
Rank 3
Figure XXIX
Interpretation:-
Chart Title
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Apex Ultima Apex
Rank 1
Duracast
Rank 2
ACE
Rank 3
Figure XXX
P a g e | 85
Comments:-
ICI
Rank 1
Berger
Rank 2
Nerolac
Rank 3
Rank 5
Rank 6
Figure XXXI
P a g e | 86
Interpretation: Rank 1 has been given to ICI 29% builder, 14% to BERGER, 21% to
Nerolac, 3% to Shalimar, 26% Asian paints and 7% to other paint
company.
Rank 2 has been given to ICI 21% builder, 17% to BERGER, 19% to
Nerolac, 6% to Shalimar, 17% to Asian Paints and 7% to Other Paint Co.
Rank 3 has been given to ICI 21% builder, 29% to BERGER, 19% to
Nerolac, 6% to Shalimar, 17% to Asian Paints and 9% to other Paint Co.
Ran 4 has been given to ICI 14% builder, 14% to BERGER, 21% to
Nerolac, 31% to Shalimar Paint, 4% to Asian Paints and 10% to other
Paint Co.
Rank 5 has been given to ICI 4% builder, 14% to BERGER, 11% to
Nerolac Paint, 29% to Shalimar, 21% to Asian Paints and 20% to other
Paint Co.
Rank 6 has been given to ICI 10% builder, 11% to BERGER, 9% to
Nerolac Paint, 3% to Asian Paints and 43 % to Other Paint Co.
According to builders
satisfaction in paint Quality,
coverage and longevity
P a g e | 87
100%
90%
80%
70%
60%
Rank 6
50%
Rank 5
40%
Rank 4
30%
Rank 3
20%
Rank 2
Rank 1
10%
0t
he
rs
ai
nt
s
A
si
an
p
er
Sh
al
im
N
er
ol
ac
er
B
er
g
IC
0%
Figure XXXII
Interpretation:
P a g e | 88
Rank 6
50%
Rank 5
40%
Rank 4
30%
Rank 3
20%
Rank 2
Rank 1
10%
0t
he
rs
ai
nt
s
A
si
an
p
er
Sh
al
im
N
er
ol
ac
er
B
er
g
IC
0%
Figure XXXIII
Interpretation:
Rank 1 has been given to ICI 17% builder, 14% to BERGER, 14% to
Nerolac, 11% to Shalimar, 18% Asian paints and 24% to other paint
company.
Rank 2 has been given to ICI 23% builder, 17% to BERGER, 20% to
Nerolac, 7% to Shalimar, 24% to Asian Paints and 8% to Other Paint Co.
Rank 3 has been given to ICI 17% builder, 18% to BERGER, 8% to
Nerolac, 24% to Shalimar, 17% to Asian Paints and 14% to other Paint
Co.
Ran 4 has been given to ICI 7% builder, 21% to BERGER, 21% to
Nerolac, 14% to Shalimar Paint, 11% to Asian Paints and 24% to other
Paint Co.
P a g e | 89
Rank 5 has been given to ICI 21% builder, 11% to BERGER, 21% to
Nerolac Paint, 13% to Shalimar, 17% to Asian Paints and 16% to other
Paint Co.
Rank 6 has been given to ICI 14% builder, 17% to BERGER, 14% to
Nerolac Paint, 30% to Shalimar, 11%to Asian Paints and 13 % to Other
Paint Co.
P a g e | 90
Strengths
APL is a market leader.
Corporate image of APL
is tremendous.
Establish brand for all
economic segment.
Good range of product
backed by project
Weakness
Post-selling service is a
major area to improve.
On time delivery is also
an area to improve.
Inadequate sales force
to cover up the Kolkata
project area.
division.
Good quality of product
has increased the
builder confidence.
A well managed
Company with efficient
Sales Force.
The company is giving
lot of support to
builders which increase
the confidence of them
and value for money.
Opportunity
Relation build up with
the builders is to make
them loyal and more
business.
To gain builders
confidence proper and
better services has to
be provided.
Threat
Local paint companies
are playing a significant
role in builder project
sector.
Foreign companies may
enter any moment in
Kolkata project area.
P a g e | 91
P a g e | 92
Findings
After doing the factor analysis I found that most of the builders are
satisfied with the company product quality, longevity and coverage,
but the comparative analysis shown that builders (Mid rank builders &
small) are little bit more fascination on ICI product.
Some of the key account builders are going for local paint company,
such as Raj Paints and Century Paint. They are the upcoming
competitor of APL.
After completion of factor analysis I found that most of the builders are
not satisfied with the post-selling services of APL.
Pre-selling services of APL are not up to the mark in mid rank builders
and small promoters level.
Builders are satisfied with the range of product and value for money in
APL Company.
The texture finish of APL has a good response from key account
vendors but mid rank builders/small builders, the same is totally
absent.
Availability and delivery on time make some builders dissatisfied.
Most of the builders are choosing their paint product by influencer
recommendation. Architect/Engineers have a big roll to decide the
paint company and product to be used in the project.
P a g e | 93
Recommendation
Primary:The different strategies have to be followed by Asian paints, consists of
Customer relationship management, strategy to provide better facility
and strategy to provide better after sales service to builders. To maintain
the relationship with builders a proper business flow activity is required
like -
ew Builders
Understands
Telephone
/SMS /Mailthe requirement and forwards the lead to relevant project sales service provider
Painte
d site
Telephone /SMS /Mail
with
Fulfill
requirement as par possible to satisfied
warran
ty
ationship Associate
Old Builders
Sales associate
Applicator
Figure XXXIVV
Relationship Associate
P a g e | 94
Secondary:-
P a g e | 95
Conclusion
In these 2 months project collecting data from different types of
builders and find out satisfaction level was my work and obviously I had to
face some resistance in the way. But I have managed to counter the
resistance and this project was a great experience for me. It has given me
the opportunity to work as a full time marketing executive and I have to say
it has been a nice exposure for me to the world of marketing. There were
many tough moments that I had to face regarding communications. But, at
the end of the project I have to admit that these difficulties have made me
much more efficient. The whole system of the company has helped me a
great deal. I did not face any kind of trouble from our company. This was the
best part of the project.
All in all, it was a real great exposure for me. For a young person like
me, it has given me a huge opportunity to showcase my endowment and
ability to work as a professional which has always been an ambition for me.
Working for number one paint company of India, Asian paints, has given me
the apprehension of how to go about in an organization and also the
growing mentality.
P a g e | 96
Reference
Bibliography: Marketing Management - Philip Kotler, Kevin Lane Keller.
Marketing Management Rajan Saxena
Research Methodology Kothari
P a g e | 97
Appendices
Communalities: -T he communalities for the variable are computed
by taking the sum of the squared loadings for that variable. This is
expressed below:
P a g e | 98
of this kind may be called tests of significance, and when such tests
are available we may discover whether a second sample is or is not
significantly different from the first."
In the start of the procedure, there are two hypotheses H0: "the
defendant is innocent", and H1: "the defendant is guilty". The first one
is called null hypothesis, and is for the time being accepted. The
second one is called alternative (hypothesis). It is the hypothesis one
tries to prove.
Likert Scale: - A Likert scale is a psychometric scale commonly used
in questionnaires, and is the most widely used scale in survey
research, such that the term is often used interchangeably with rating
scale even though the two are not synonymous.
Nominal scale: - A scale with data classified by names, rather than by
any quantitative description.
Ordinal scale:-An ordinal scale is a measurement scale that assigns
values to objects based on their ranking with respect to one another.
Probability Sampling Method:-where every sample from the
population of builders has equal chances of being selected
Rotated Component Matrix:-In linear algebra, a rotation matrix is a
matrix that performs a rotation in Euclidean space. For example the
matrix
P a g e | 99
stimulates two different senses, visual and tactile. There are four types
of texture in art: actual texture, simulated texture, abstract texture,
and invented texture. The concept of 'painterliness' also has bearing
on 'texture' in painting.
Abbreviation
Annexure 1
P a g e | 100
Questioner:PROJECT DETAILS
Project Name
Location/ Address
Floor Area
Project type
Project condition
)
Number of storey
Number of building
1. Hot
BUILDER DETAILS
Sri
done?
Yes /No
Yes /No
Yes /No
Yes /No
Number
Number
Number
Number
Number
Description
Description
Description
Description
Description
Office address
Office number
Contact Number
(Mobile)
( Landline)
SURVEY QUESTIONNAIRE
Have you ever worked with Asian paints Company for your project? *
A) Yes
B) No
If yes then how is your working experience with Asian paints Company?
A) Poor
B) Very poor
C) good
D)Very Good
If very good then what are the positive point do you think Asian paints Company have?
P a g e | 101
Excluding Asian paints what are the other paint manufactures you have worked with?
A) ICI
B) Berger
C) Nerolac
D)Shalimar
E) Others (
)
What are the better services provided by the competitors of Asian paints Company?
What type of extra services Asian paints is unable to provide, which the other company is
able to provide?
Product satisfaction
A) Strongly Agree
B) Agree
C) Neutral
E) Strongly Disagree
Longevity of Asian paints products make builders satisfied.
A) Strongly Agree
B) Agree
C) Neutral
E) Strongly Disagree
D)
Disagree
D)
Disagree
D)
Disagree
P a g e | 102
B)
Agree
C) Neutral
D)
Disagree
D)
Disagree
Disagree
E) Strongly Disagree
Reputation of the Asian paints Company plays a significant role to doing business with
builders.
A) Strongly Agree
B)
Agree
C) Neutral
D)
Disagree
E) Strongly Disagree
Easy to doing business plays a significant role to doing business with builders.
A) Strongly Agree
B) Agree
C) Neutral
D)
Disagree
E) Strongly Disagree
Asian paints is reliable brand.
A) Strongly Agree
B)
Agree
C) Neutral
D)
Disagree
E) Strongly Disagree
Asian paints is the most preferred brand.
A) Strongly Agree
B) Agree
C) Neutral
D)
Disagree
D)
Disagree
D)
Disagree
Disagree
E) Strongly Disagree
Service satisfaction
P a g e | 103
A) Yes
B) No
Following which Asianpaints exterior brands you prefer most? (Rank the flowing as
1,2,3,4,)
A) Apex Ultima
Duracast
B)
Apex
C)
ACE
D)
Following which Asianpaints exterior textures finish you prefer most. (Rank the flowing
as 1,2,3,4,)
A) Finetex
B) Swirltex
C) Dholpurtex
D)Roughtex
(Rank the flowing as 1,2,3,4, for very poor, poor, good and very good respectively)
Based upon your experience please rank the following brands according to your
satisfaction.
A) ICI
B) Berger
D) Shalimar
E) Other Company
D)Asian paints
Based upon your experience please rank the following brands according to paint coverage,
quality and longevity.
A) ICI
B) Berger
C) Nerolac
C) Nerolac
D) Shalimar
E) Other Company
D)Asian paints
Based upon your experience please rank the following brands according to service of the
company.
A) ICI
B) Berger
D)Asian paints
C) Nerolac
D) Shalimar
E) Other Company
P a g e | 104
Annexure 2
Picture of decorative external Asian
Paints product