Professional Documents
Culture Documents
ON
OF
SUBMITTED BY.
UNDER THE
GUIDANCE OF. HITESH VERMA
DEPARTMENT OF BUSINESS
ADMINISTRATION
I certify that this project is up to my expectations as per the guidelines laid down by
Guru Gobind Singh Indraprastha University.
Date
ACKNOWLEDGEMENT
Management is a profession wherein no work can be accomplished without the help and assistance of a
large number of people, be it your superiors or subordinates. A good manager is the one who knows how
to get the work accomplished with the help of his colleagues. As future managers, we are taught to
practice such behavior at every step. This project is also a part of it.
I would like to thank MAHARAJA SURAJMAL INSTITUTE .for providing me with this great
opportunity to work on this report and choosing my own topic of interest.
Further I would also like to thank everyone in Ideal with whom I have come in contact during the
preparation of this dissertation.
I wish to express my sincere gratitude to Mr. ………………………..for their extended support during
the study and preparation of the report. All have been profoundly instrumental in making the project
undertaken the source of knowledge providing all the support and necessary guidance.
TABLE OF CONTENT
1
8
CHAPTER 1
INTRODUCTION
INTRODUCTION CHAPTER – 1
INTRODUCTION
“Marketing is a social and managerial process by which individuals and groups obtain what they need
and want, through creating, offering and exchanging products of value with others”.
- Philip Kotler.
Marketing includes all those activities having to do with effecting changes in the ownership and
possession of goods and services. It is that part of economics which deals with the creation of time,
place and possession utilities and that phase of business activity through which human wants are
satisfied, by the exchange of goods and services for some valuable consideration.
Marketing is the process of discovering and translating consumer wants into product and service
specifications and then in turn helping to make it possible for more and more of consumers to enjoy
Marketing consists of analyzing marketing opportunities, researching and selecting target markets,
designing marketing strategies, planning marketing programs and organizing, implementing and
Companies have to identify long and short term marketing opportunities and research the selected
market by measuring and forecasting attractiveness of the given market. Having selected the market,
the companies need to develop a differentiating and positioning strategy for the target market. The
Marketing Mix
Marketing mix is the set of marketing tools that a firm uses to pursue its marketing objectives in the
target market.
McCarthy has popularized a four factor classification of marketing tools known as the 4P’s of the
• Product
• Price
• Place
• Promotion
Product:
Product stands for the firm’s tangible offer to the market, including the product quality, design,
features, branding and packing. It deals with new product development, product life cycle, product
mix, product lines, branding and associated services to a product. From the customer’s point of view,
price, discounts, allowances, payment policies and credit terms. It is very important to the customers
as it decides the cost the customer has to pay to gain the product value.
Place:
This marketing tool stands for the various activities the company undertakes to make the product
accessible and available to the customer. It involves market size, channel selection and management,
storage and physical distribution with the ultimate purpose of efficiently supplying the company’s
offer to the target market. To the customer, this marketing tool refers to convenience.
Promotion:
Promotion stands for various activities the company undertakes to communicate and promote its
products to the target market. It involves communication programs i.e. direct marketing, advertising,
sales promotions, public relations and motivation of sales force. To the customer this tool provides
5
Page
The Promotion Mix of a company includes the following tools;
Advertising:
It is any paid form of non-personal presentation and promotion of ideas, goods or services by an
identified sponsor.
Direct Marketing:
It refers to the use of mail, telephone and other non-personal contact tools to communicate with or
Personal Selling:
Face to face interaction with one or more prospective purchasers for the purpose of making a sale
It refers to the variety of programs designed to promote and or protect a company’s image or its
individual products.
Sales Promotions:
The short-term incentive to encourage trial or purchase of a product or service refers to sales
promotion. Whereas advertising offers a reason to buy; sales promotion offers an incentive to buy.
Since sales promotion directly push up the sales, increasing number of companies are undertaking
Sales promotion refers to the short-term incentives to encourage sales of a product or service. It
consists of a diverse collection of incentive tools, mostly short-term, designed to stimulate quicker and
Sales promotion tools vary in their specific objectives. They may be used to attract new customers, to
reward loyal customers and to increase the repurchase rates of occasional users. Sales promotion
usually targets brand switchers because non-users and users of other brands do not always notice a
promotion. Sales promotions are thus also seen as a tool for breaking down loyalty to other products.
Sales promotions also let manufacturers adjust to short term changes in supply and demand and
differences in customer segments. They also let manufacturers to experiment by varying prices. Sales
To use sales promotion, a company must set objectives, select the right tools, develop the best
The specific objectives set for sales promotions will vary with the type of the target market. For
consumer promotions, objectives include encouraging purchasing of larger sized units, building trial
among non-users and attracting switchers away from the competitor’s brands. For trade promotions,
objectives may include; including retailers to carry new items and higher level of inventory,
retailers and gaining entry into new retail outlets. The sales force promotions help in encouraging
support of a new product or model, encouraging more prospecting and stimulating off-seasonal sales.
But most importantly, sales promotion should be focused on consumer relationship building.
Many tools can be used to accomplish sales promotion objectives. Descriptions of the main
a) Samples : Samples are one of the most important tools of sales promotion.
Samples are defined as offers to consumers of a small amount of a product for
trial. Free samples are given to consumers to generate their interest in the
a) Discounts:
It is also known as price-off or off-invoice or off-list. Discounts price cut off the list price on
b) Allowances:
They are the amount offered in return for an agreement by the retailer to feature the
c) Free Goods:
Free goods are the extra merchandise offered to middlemen who buy a specific amount of a
product.
Companies also offer push money and specialty advertising items to the middlemen.
Business Promotion Tools
Companies spend huge amount on promotions focused on industrial consumers. The major business
• Sales Contests.
Clearly, sales promotions play an important role in the total promotion mix. To use it well, the marketer
must define the sales promotion objectives, select the best tools, design the sales promotion program, pretest
1. To study the various promotional strategy adopted by R S Ajit Singh & Co. Private Limited
2. To find out the footage of R S Ajit Singh & Co. Private Limited With respect to other players in
the market.
3. To observe and understand the practice followed by R S Ajit Singh & Co. Private Limited
R S AJIT SINGH & CO. PRIVATE LIMITED. The intention of the study is to find
what attributes needs further improvement in order to make the product more
The main aim of the study is to uncover new relationship and identify any problem
that may arise in future. Hence, exploratory research is been conducted. Exploratory
research as its name implies endeavors of exploring the possibility of doing research
on a subject where due to lack of existing knowledge framing and testing the
are touting themselves to be the best, it is vital to stand out in the crowd. The study
was undertaken to explore how a company or brand can ensure a store that stands out
This project was undertaken for a specific period in R S AJIT SINGH & CO. PRIVATE
LIMITED. It is an exercise that is well planned into the curriculum giving the researcher a
experiment and exhibit the recently acquired management and administration skills.
Ajit Group is one of North India’s fastest emerging groups in the Commercial Vehicle
Segment. The group began its operations through a transport company in the early 1960’s.
Over the last 5 decades, the group has grown and expanded its operations in various
segments of the automobile industry and now has work force of more than 200 people.
Methodology of the Study
A variety of methods of study have been adopted by the researcher to fulfill the
➢ With a view to understand the crunch of the matter and to find out the
ground realities, the researcher formed a schedule specifically for the set of
In this study, the foremost data collection instrument used is the questionnaire
method. The questionnaire has been designed with both open ended and closed ended
questions. Apart from this, the research instrument consists of primary and secondary
Primary Data:
marketing executives of the company. Data was also obtained from the observation
Secondary Data:
Here the information is obtained from the brochure of Zockethub, books, websites,
Questionnaire Newsletter
Observation Journals
Interviews Magazines
Visits to other Newspapers
Companies Information
Through Departmental heads Websites
BOOKS
Limitations of the Study
2. The study was conducted under the assumption that the information
3. The analysis and suggestion are given only with respect to marketing
be given.
After completing his education, Mr.
Khurana joined Delhi UP Madhya
Mr.B.S.Khurana Pradesh Transport Company as a
Working Partner. In 1986, he became
(Managing Director) a Director in R. S. Ajit Singh & Co.
Pvt. Ltd. and started handling the
Eicher Commercial Vehicles
dealership and the LML Dealership.
He incorporated Ajit Automotive
Services in 1995 and became a dealer
Strng of Awards received from Volvo EicherCommercial
for EIcher CommercialVehicles in
Vehicles Ltd. to R.S. Ajit Singh & Noida Co. (Automotives)
(UP). He has Pvt. beenLtd. the
1987-88 Overall Outstanding Managing Director of the Ajit Group
1988-89 Overall Outstanding since 1997.
1989-90 Overall 1st Prize He is a stonecutter by nature,
1991-92 All India First – Institutional Sales
1991-92 Best Overall Performance
hammering away at a rock perhaps a
1992-93 hundredSales
Best Overall Performance – Institutional times, with a firm belief that
1992-93 Best Overall – Regional the 101st blow will split it in two, and
1993-94 All India First – Institutional Sales
1993-94 Best Overall – Regional
knowing that it was not the final blow
1994-95 thatsales
All India First Prize – Institutional did it- but all that had gone
1994-95 before.He
All India First Prize – After Sale has lead from the front in
Services –North
1994-95 Special Prize for Vehicle Financing Management
difficult times and made the Ajit
1995-96 Award for Contribution to Apex Consultative Committee (ACC)
1995-96 Group
All India First Prize – Institutional Sales a force to reckon with. His
1995-96 Best After Sales Services - Northbelief that a company can be
1996-97 successful
All India Second Best Prize – Institutional only by building a long
Sales
1996-97 Certificate of Recognition for contribution to ACC
1997-98 term
Award for Best Institutional Sales relation with customers and by
Performance
1998-99 providing
Award for Best After Sales Services – North them exemplary services
1999-00 Certificate for Commendable All forms
round the core of
performance the group.
in institutional His
Sales
2000-01 Certificate for Commendable All round performance in institutional Sales
2001-02
greatest strength is his ability to
Award for Regional Best Overall Performance (North- Delhi)
2002-03 motivate
Award for Regional Best Performance employees
in Customer Servicesand make them
(North-I)
2002-03 Certificate for Contribution to work
ACC together as team.
2003-04 Certificate for Best Performance in Customer Service (North)
Mr. Khurana has always been the
2004-05 Award for Regional Best Overall Performance (North-I)
2006-07 Award for Commendable Performancedrivingin force behind the group’s
5 ton Segment
2007-08 Award for Volume & Market Share success.
GrowthHe has won numerous
in HCV
2008-09 Award for Best Dealer – Heavy awards for the group
Duty Vehicles (North Region)and represents
2009 Award for Best Dealer – Heavy Duty Vehicles (North Region)
2010 Award for Best Dealer in Heavy R.Duty
S. Ajit Singh
Vehicles & Co.
Sales (North (Automotives)
Region)
Pvt. Ltd. on VE’s Apex Consultative
Council.
CAREERS WITH AJIT GROUP
At the Ajit Group, we firmly believe that employees are a company’s
greatest strength. We always try to create an environment where people
think differently and yet work in harmony. Motivation is the keyword while
creating HR policies. We strive to identify the core strengths of our
employees and provide them a platform on which they can perform and
excel. The group aims to create a conducive work culture by guiding,
training and mentoring employees.
Ajit Group is on the look out for dynamic, self-motivated & hardworking
professionals who will drive the Company forward. We invite you to come
and be a part of the Ajit Group, as we wish to grow with you.
Specifications:
Payload truck: 16 tonnes
GVW: 25000 kg
Tires: Front 2, rear 4 & spare 1
Front: 10.00/20-16 PR
Rear & spare: 10.00/20-16
Career Opportunities
At the R S Ajit Singh & Co. Private Limited Group, we firmly believe that
employees are a companies greatest strength. We always try to create an
environment where people think differently and yet work in harmony. Motivation
is the keyword while creating HR policies.
We strive to identify the core strengths of our employees and provide them a
platform on which they can perform and excel. The group aims to create a
conducive work culture by guiding, training and mentoring employees.
R S Ajit Singh & Co. Private Limited Group is on the look out for dynamic, self-
motivated & hardworking professionals who will drive the company forward. We
invite you to come and be a part of the R S Ajit Singh & Co. Private Limited
Group, as we wish to grow with you.
To apply, please send your resume along with a photograph to hr@rsR S Ajit
Singh & Co. Private Limited.co.in . Also mention the post applied for.
Director’s detail
Name DIN Designation Appointment Date
PARVINDER SINGH
01913808 Director 5-11-2002
SARDAR
Table No. 1
Analysis
Interpretation
No. of Respondents
Male
Female
Table No. 2
Analysis
1) 54% of the respondents are of the opinion that the products are reasonable.
2) 46% of the respondents are of the opinion that the prices of the products are
competitive.
3) None of the respondents feel that the prices of the products are either high or low.
Interpretation
a) Majority of the respondents opine that the prices of the products are reasonable.
b) The prices of the products are reasonable though they are competitive.
Graph 2
Pricing of Products
No. of Respondents
High
Reasonable
Competitive
Low
Table No. 3
Table representing the major competitors of R S Ajit
Singh & Co. Private Limited. with regard to
Commercial Vehicle Segment systems
Analysis
13% of the respondents are of the opinion that the the major competitor.
Interpretation
Though the companies likes tech and solutions came into the picture but the fact
reveals that there is no dominant player in the market. So
51
Page
Graph 3
No of Respondents
30
25
20
15
No of Respondents
10
0
No dominant services solutions
player
52
Page
Table No. 4
Analysis
80% of the respondents are of the opinion that the competitor’s strength is brand image.
20% of the respondents opine that promotional activities are the strength of the
competitors.
None of the respondents feel that quality and pricing are the strength of the
competitors.
Interpretation
Majority of the respondents opines that brand image is the strength of the competitors.
Graph 4
30
24
25
20
Quality
15 Brand Image
Pricing
10 Promotional Activities
6
5
0 0
0
No. of Respondents
Table No. 5
Analysis
Majority of the respondents i.e. 57% are of the opinion that the products are of good
quality with respect to other competitors.
43% of the respondents opine that the products are of very good quality with respect to
the other competitors.
None of the respondents are of the opinion that the products are of fair or poor quality
with respect to other competitors.
Interpretation
Majority of the respondents is of the opinion that the products are of good quality and is
at par with other competitors having brand names.
Graph 5
No. of Respondents
Good
Very good
Fair
Poor
Table No. 6
Light duty 3 10
Total 30 100
Analysis
90% of the respondents are of the opinion that heavyduty Commercial Vehicle Segment
are sold more per month.
10% of the respondents are of the opinion that light dutyCommercial Vehicle Segment
Products are sold more per month.
Interpretation
Majority of the respondents is of the opinion that Commercial Vehicle Segment are sold
more per month because most of the people are not knowing
Graph 6
No. of Respondents
30
25
20
15
No. of Respondents
10
0
Heavy duty light duty
Table No. 7
Analysis
33% of the respondents are of the opinion that reasonable pricing and a customized
product differentiates the products of RS R S AJIT SINGH & CO. PRIVATE LIMITED &
CO.PVT.LTD. from that of others.
24% of the respondents are of the opinion that quality is the differentiating factor.
10% of the respondents are of the opinion that finishing is the differentiating factor.
Interpretation
2. In fact, all the merits such as reasonable pricing, customized products, quality and
finishing contributes in differentiating the products from others.
Graph 7
12
10 10
10
8
7
Reasonable price
6 Quality
Customized products
Finishing
4
3
0
No. of Respondents
Table No. 8
Factors Ratings
5 4 3 2 1
Price of the product 4 3 0 1 1
Analysis
2) Design of the product and the price of the product get the maximum of 4 rating.
4) Delivery time of the product ordered can make a little difference in demand generation.
Graph 8
5
5
4 4 4
4
1 1 1 1 1
1
00 0 0 0 0
0
62Page
1 2 3 4 5
Table No. 9
Analysis
3) 24% of the respondents are of the opinion that paper insertions are used as promotion of
the product.
4) 33% of the respondents opine that telemarketing is the means of promotion of the
products.
5) 33% of the respondents feel that participating in exhibition has promoted the product.
6) 10% of the respondents are of the opinion that sector are used as promotion of the
product.
Interpretation
4) The company adopts a variety of promotional methods
and sector.
Graph 9
12
10
Paper insertion
8
Telemarketing
Display stalls
6
Participating in exhibition
Direct mails
4
Presentation
Sector
2
0
No. of Respondents
Table No. 10
Analysis
1 90% of the respondents are of the opinion that the discount is given on repeat purchase.
2 10% of the respondents are of the opinion that discounts are not given on repeat
purchase.
Interpretation
1) Majority of the respondents is of the opinion that discounts are given on repeat
purchase.
Graph 10
No. of Respondents
Yes
No
Table No. 11
Analysis
2) 66% of the respondents are of the opinion that 2-5% discount is given on repeat
purchase.
3) 17% of the respondents opine that 6-10% of discount is given on repeat purchase.
4) 17% of the respondents are of the opinion that no discount is given on repeat purchase.
Interpretation
➢
Majority of the respondents are of the opinion that 2-5% discount is given on
repeat purchase.
➢
The company does not adhere to any stringent norm while giving discount on
repeat purchase as there is difference of opinion among the respondents.
Graph 11
25
20
20
2-5%
15
6-10%
11-
15%
10 16-
20%
None
5 5
5
0 0
0
No. of Respondents
Table No. 12
Analysis
3) 100% of the respondents are of the opinion that the marketing of products are through
direct marketing.
Interpretation
1. The products are marketed through direct marketing and dealers and retailers are not
involved in the marketing process.
Graph 12
35
30
30
25
Direct marketing
20
Retailers
15 Dealers
All of the above
10
5
0 0 0
0
No. of Respondents
Table No. 13
Analysis
Interpretation
1) The target consumers are the upper class and the middle class.
Graph 13
30
25
20
Upper class
15
Middle class
Lower class
10
0
No. of Respondents
72
Page
Table No. 14
Analysis
➢ 100% of the respondents are of the opinion that no incentives are given at present.
Interpretation
18
16
14
12
Commission
10 Schemes
Free gifts
8
Recognition
6
Nothing at present
4
0
No. of Respondents
FINDINGS AND INTERPRETATION
A Summary of Findings:
The finding can be grouped together into two broad categories such as;
Specific Findings:
General Findings:
Khurana the Ajit Group has become one of the most reputed Commercial Vehicle dealers. Fuelled by the
success of The last 50 years, the group aims to achieve consistent growth while building relations through
customer satisfaction.
2. Transparency is maintained at the levels of the organization.
3. The products are marketed through direct marketing (showroom) and dealers are not
4. The activities carried out by each and every department of the organization is systematic.
Conclusion
“No man has the right to dictate what other men should perceive,
ajit Group is one of North India’s fastest emerging groups in the Commercial
Vehicle Segment. The group began its operations through a transport company in
the early 1960’s. Over the last 5 decades, the group has grown and expanded its
operations in various segments of the automobile industry and now has work force
of more than 200 people.
As on date, the group mainly comprises of two companies. R. S. Ajit Singh & Co.
(Automotives) Pvt. Ltd.,which has been the authorised dealer for Eicher Motors
Limited (Volvo Eicher Commercial Vehicles Ltd.) since 1986. The second Company
in the group is Ajit Automotive Services Pvt. Ltd, which has been an authorised
dealer for Eicher Motors Limited (Volvo Eicher Commercial Vehicles Ltd.) in
Noida (UP) since 1996.
Led by Mr. Khurana the Ajit Group has become one of the most reputed
Commercial Vehicle dealers. Fuelled by the success of The last 50 years, the group
aims to achieve consistent growth while building relations through customer
satisfaction.
CHAPTER 4
CONCLUSIONS
AND
RECOMMENDATIONS
RECOMMENDATIONS AND SUGGESTIONS
This chapter lists the various recommendations and suggestions with respect to the
Recommendations:
Quality clubbed with reasonable pricing and quick delivery made the product of
2. the
company stand apart. The marketing campaign should focus on this aspect and
made according to its line.
3. The strength of the company is its customized products. This very fact must be
highlighted in the marketing campaign.
As the products are reasonably priced, the ambit of the target consumers should
4. be
stretched so that middle class consumers also fit into it.
Suggestions:
The company should explore all possible ways in order to aggressively sell its
India’s biggest online B2B plan with largest virtual Automated directory.
The construction industry is in boom. In order to tap the potential market, the
Company can advertise in a magazine named ‘Builders Grid’. This will help in
showcasing the products of the ad. This can add an extra spice to sales.
In today’s crowed market place in order to increase the size of the pie, the
In order to be extra ordinary, the Company has to walk the extra mile. A
the prospective consumers can be invited to visit the showroom and touch and feel
the products.
Since the competition is intense, so there should be some value addition so as
to make the Company stand apart in the market. One such way is to improvise the
customer service.
Consumer is the king in the market. This fact should be deeply rooted in the
minds of the employees. The Company can adopt some ways to listen to the
customer’s feedback which should be noted in writing so that it will help in continual
improvement and make the company to be in the right track always. Moreover, a
sense of involvement will be felt by the customers whish can give the company a
cutting edge
APPENDICES AND ANNEXURES
A copy of the questionnaire, some eye sizzlers showcasing the products of the
Commercial Vehicle Segment (or Domotic) is automation of the home, Commercial Vehicle
Segment may
include centralized control of lighting, heating, ventilation, appliances, and other systems,
automation for the elderly and disabled can provide increased quality of life for persons
Yes
It depends
No
Yes completely
Yes somehow
Not really
Not at all
Q3. Would you be interested in automating your home?
Yes
Maybe
No
Q4. If you were to install this kind of products at home, how would you prefer to do?
Q5. Which strong points are you the most interested in?
Q6. If you could change anything, what would you change about your current
security/automation system?
Yes
Maybe
No
Yes completely
Yes somehow
Not really
Not at all
Yes
Maybe
No
Q10. Will current Commercial Vehicle Segment systems be compatible with future
Technology?
Yes
Maybe
No