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Culture Documents
CHAPTER 1
INTRODUCTION
Due to decrease in sales of Anchor for past two years and entry of
competitive and fake products in to the electrical market, the Kalpana Electricals
authorized distributor of Anchor Electrical products is interested to identify the
traders opinion and their expectations in dealing with Anchor products.
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The aim of study is to learn about the dealers perception and attitude
towards dealing and products and their by to meet and satisfy target customer’s
(Trader’s) needs and wants. Only then one can stand to profit from
understanding how and why their customers buy.
STATEMENT OF PROBLEM
Decrease in sales of Anchor products for past two years and entry of
competitive and fake products in electrical market with new features, promotions
had made the concern interested to identify the traders expectation towards
anchor.
The firm also had a future plan to open exclusive electrical showroom
dealing anchor products and hence the market survey could be the best possible
source to know about electrical trader’s perception and their expectation towards
Anchor products.
The project also tries to study the existing dealer’s presence in the
market.
SCOPE OF STUDY
The concern is reputed both in wholesale and retail field. They are
authorized sole distributor of Anchor electrical products They also deal with
nearly 5000 items. 120 electrical traders are their regular clients. There are
nearly 300 commercial clients. Their area of dealing includes in and around
Tirupur, and to a small extent in Avinashi and Palladam.
Their sales turnover cost Rs.60, 00,000 includes both cash and credit
sales. Their advertisement expenditures cost Rs.25, 000 yearly.
CLIENTS
• Electrical Traders
• Industries
• Domestic households
• Agriculturist
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AWARDS
FUTURE PLANS
VISION
MISSION
To excel in this competitive world and achieve these goals with input
as knowledge, tools and planning.
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KHAITAN, PRINCE
ANCHOR GEM PHILLIPS CROMPTON DASPAN BAJAJ POLAR,
ORIENT
Switches M Li F I Fans
( Deluxe, ains ghting ans Switches rons PVC
Penta, Pearl, C Luminarie M I Pipes,
Noa, Roma hange s& otors Fan mmerson fittings
Woods) overs Fixtures W Heaters (water)
Mains,Fuse S ater Wires C
units tarters Heaters eiling Fans
MCBs, DB F L Light
Boards. use Units ighting Fixtures
Lighting M Luminaries
Luminaires CBs & Fixtures
Light Fixtures
Wires
Energy
Meters
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CHAPTER 2
OBJECTIVES
Primary Objectives
Secondary Objectives
• To identify the factors that influence the traders to deal with concern.
CHAPTER 3
RESEARCH METHODOLOGY
The sources are both primary and secondary sources. Primary data
have been collected by means of administered questionnaire. The questionnaire
consists of particulars like fast moving brands in the market, insisting brand by
the customers, recommended brands by the traders, price and promotion tools
expected etc.
A great deal of primary data is collected through direct survey. The
survey method includes personal interview with questionnaire. Secondary data
collected through internal records and internal sources.
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Internal Records
• Sales results
• Marketing inputs
• Cost information
• Traders reports & feedback
• Customer feedback
External Sources
Scaling Technique
Rank-order scaling technique has been used to rank the fast moving
brands in the market. It enables to make direct comparisons among competing
alternatives.
Questionnaire
The questionnaire includes both open ended and closed ended with
multiple choice.
Census Survey
The survey is limited to Tirupur town alone and the study cannot be
generalized to other geographical locations.
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CHAPTER 4
TABLE 4.1.1
INFERENCE
It is found from the above table that 21% of the respondents have
below 2 years of experience in the Electrical business, 27% of the respondents
have 2-5 years of experience, 19% of the respondents have 5-10 years and
10-15 years of experience and 14% of the respondents have above 15 years of
experience.
CHART 1
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TABLE 4.1.2
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BRANDS DEALING
INFERENCE
It is found from the above table that 33% of the respondents deal with
Anchor brand, 23% of the respondents deal with Kundan brand, 28% of the
respondents deal with Daspan brand, 15% of the respondents deal with E-Fab
brand, 1% of the respondents deal with Lisha brand and 0.3% of the respondents
deal with Million brand.
CHART 2
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BRANDS DEALING
TABLE 4.1.3
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INFERENCE
It is identified from the above table that 80% of the respondents purchase
the Anchor electrical products in Tirupur, 14% of the respondents purchase the
Anchor electrical products in other areas and 6% of the respondents purchase
the Anchor electrical products directly from the company.
CHART 3
TABLE 4.1.4
1 Yes 94 85.5
2 No 16 14.5
Total 110 100.0
INFERENCE
From the above table it is inferred that 86% of the respondents says the
customer insist on a particular brand and 15% of the respondents says the
customer not insist a particular brand.
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CHART 4
CUSTOMER INSIST ON A SPECIFIC BRAND
No, 14.5
Yes, 85.5
TABLE 4.1.5
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INFERENCE
From the above table it is found that 50% of the respondents opined that
the customer insist to purchase the brand ‘Anchor’, 16% of the respondents
opined that the customer insist to purchase the brand ‘Kundan’, 26% of the
respondents opined that the customer insist to purchase the brand ‘Daspan’, 6%
of the respondents opined that the customer insist to purchase the brand ‘E-Fab’
and 2% of the respondents opined that the customer insist to purchase the other
brands.
CHART 5
TABLE 4.1.6
1 Anchor 43 34.4
2 Kundan 20 16.0
3 Daspan 45 36.0
4 E-Fab 7 5.6
5 Lisha 1 0.8
6 Million 1 0.8
7 Others 8 6.4
Total 125 100.0
INFERENCE
From the above table it is found that 34% of the respondents recommend
the brand ‘Anchor’, 16% of the respondents recommend the brand ‘Kundan’,
36% of the respondents recommend the brand ‘Daspan’, 6% of the respondents
recommend the brand ‘E-Fab’, 0.8% of the respondents recommend the brand
‘Lisha’ and ‘Million’ and 6% of the respondents recommend the other brand.
CHART 6
TABLE 4.1.7
4 Poor 0 0
5 Very Poor 0 0
Total 110 100
INFERENCE
It is found from the above table that 77% of the respondents says the
Anchor products is very good, 22% of the respondents says the Anchor products
is good and 0.9% of the respondents says the Anchor products is average.
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CHART 7
TABLE 4.1.8
INFERENCE
It is observed from the above table that 86% of the respondents opined
the price of the Anchor products is reasonable, 14% of the respondents opined
the High and 0.9% of the respondents opined that the price of Anchor products is
moderate.
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CHART 8
TABLE 4.1.9
INFERENCE
It is observed from the above table that 82% of the respondents expecting
the promotional tool ‘Trade Discount’, 3% of the respondent expecting the
‘Electrical Meetings’, 8% of the respondents expecting ‘Advertising’, 4% of the
respondents expecting ‘Gift coupons’ and 2% of the respondents expecting
‘tours and trips’.
CHART 9
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TABLE 4.1.10
INFERENCE
It is found from the above table that 51% of the respondents opined the
promotional tools of the Anchor products is satisfied and 49% of the respondents
opined promotional tools of the Anchor products is not satisfied.
CHART 10
OPINION ABOUT PROMOTIONAL TOOLS
Not Satisfied,
49.1
Satisfied, 50.9
TABLE 4.1.11
MODE OF PAYMENT
2 Credit 91 82.7
Total 110 100.0
INFERENCE
It is found from the above table that 83% of the respondents were follow
the credit payment method and 17% of the respondents only follow the cash
payment.
CHART 11
MODE OF PAYMENT
Cash, 17.3
Credit, 82.7
TABLE 4.1.12
Total 91 100.0
INFERENCE
It is found from the above table that 49% of the respondents take 2-4
weeks of credit period, 31% of the respondents take 1-2 months of credit period,
19% of the respondents take above 2 months of credit period and 1% of the
respondents take 1-2 weeks of credit period.
CHART 12
TABLE 4.1.13
INFERENCE
It is found from the above table that 74% of the respondents satisfied with
the credit period and 26% of the respondents not satisfied with credit period.
CHART 13
OPINION ABOUT THE CREDIT PERIOD
Not Satisfied,
26.4
Satisfied, 73.6
TABLE 4.1.14
2 Satisfied 94 85.5
3 Neutral 2 1.8
4 Dissatisfied 0 0
5 Highly Dissatisfied 0 0
Total 110 100.0
INFERENCE
It is identified from the above table that 86% of the respondents are
satisfied with overall performance of Anchor products, 13% of the respondents
are highly satisfied with overall performance of Anchor products and 2% of the
respondents are neither satisfied nor dissatisfied with the overall performance of
Anchor products.
CHART 14
TABLE 4.1.15
INFERENCE
It is found from the above table that 76% of the respondents says
customer prefer Anchor products as other alternative and 24% of the
respondents says customer do not prefer Anchor products as other alternative.
CHART 15
CUSTOMER PREFER ANCHOR PRODUCTS AS
OTHER ALTERNATIVE
No, 23.6
Yes, 76.4
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TABLE 4.1.16
INFERENCE
It is found from the above table that 59% of the respondents says
customer do not prefer any other alternative as Anchor and 41% of the
respondents says customer prefer any other alternative as Anchor.
CHART 16
CUSTOMER PREFER ANY OTHER ALTERNATIVE
AS ANCHOR
Yes, 40.9
No, 59.1
TABLE 4.1.17
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INFERENCE
It is found from the above table that 95% of the respondents willing to deal
with upcoming products of Anchor
CHART 17
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TABLE 4.1.18
INFERENCE
It is found from the above table that 89% of the respondents have idea to
deal with exclusive Anchor electrical showroom and 11% of the respondents do
not have any idea to deal with exclusive Anchor electrical showroom.
CHART 18
OPINION ABOUT THE IDEA TO DEAL WITH EXCLUSIVE
ANCHOR ELECTRICAL SHOWROOM
No, 10.9
Yes, 89.1
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TABLE 4.1.19
INFERENCE
The above table cleared the fast moving brand of switches. Respondents
opined that the first rank occupies Anchor switches with the weightage score of
327 points, second rank occupies Daspan switches with the weightage score of
273 points and third rank occupies Kundan switches with the weightae score of
171 points.
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TABLE 4.1.20
INFERENCE
The above table cleared the fast moving brand of mains. First rank goes to
Gem mains with the weightage score of 233 points, second rank goes to Daspan
main with the weightage score of 192 points, third rank goes to Anchor main with
the weightage score of 125 points and fourth rank goes to Kundan main with the
weightage score of 88 points.
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TABLE 4.1.21
INFERENCE
The above table cleared the fast moving brand of wires. First rank goes to
E-Fab wires with the weightage score of 218 points, second rank goes to Kundan
main with the weightage score of 138 points, third rank goes to Daspan wires
with the weightage score of 57 points, fourth rank goes to Other brand wires with
the weightage score of 49 points and fifth rank goes to Anchor wires with the
weightage score of 45 points.
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TABLE 4.1.22
INFERENCE
The above table cleared the fast moving brand of MCB’s. First rank
occupies to E-Fab MCB’s with the weightage score of 195 points, second rank
occupies to Daspan MCB’S with the weightage score of 71 points, third rank
goes to Gem MCB’s with the weightage score of 58 points and sixth rank goes to
Anchor MCB’s with the weightage score of 45 points.
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TABLE 4.1.23
INFERENCE
The above table cleared the fast moving brand of Lighting Luminaries.
First rank occupies to Phillips Lights with the weightage score of 359 points,
second rank occupies to Crompton Lights with the weightage score of 286 points,
third rank occupies to Anchor Lights with the weightage score of 142 points.
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TABLE 4.1.24
INFERENCE
The above table cleared the fast moving brand of Light fixtures. First
rank occupies to Phillips Light fixtures with the weightage score of 246 points,
second rank occupies to Crompton Light fixtures with the weightage score of 222
points and third rank occupies to Anchor Light fixtures with the weightage score
of 147 points.
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TABLE 4.1.25
INFERENCE
The above table cleared the fast moving brand of Fuse units. First rank
occupies to Anchor fuse units with the weightage score of 178 points, second
rank occupies to Gem fuse units with the weightage score of 150 points and third
rank occupies to Edison fuse units with the weightage score of 80 points.
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TABLE 4.1.26
INFERENCE
The above table cleared the fast moving brand of DB Boards. First
rank occupies to Gem DB Boards with the weightage score of 115 points, second
rank occupies to Anchor DB Boards with the weightage score of 93 points and
third rank occupies to Other DB Boards with the weightage score of 85 points.
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TABLE 4.1.27
INFERENCE
It is found from the above table that 42.2% of the respondents says
quality is the first reason to recommend the brand, 18.3% of the respondents
says brand image is the reason to recommend the brand, 14.4% of the
respondents says competitive price, 12.2% of the respondents says replacement
of the product is the reason to recommend the brand, 6.8% of the respondents
says availability of the product is the reason to recommend the brand, 3.9% of
the respondents says credit period is the reason to recommending the brand and
2.2% of the respondents says margin is the reason to recommend the brand.
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C H AR T 19
R E A S O N T O R E C O M M E N D S P E C IF IC B R A N D S
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Q uality, 42.2
40
35
30
25
P rice, 14.4
15
R eplacem ent, 12.2
10
A v ailability, 6.8
0
P rice Q uality A v ailability M argin B rand Im age R eplacem ent C redit P eriod
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TABLE 4.1.28
INFERENCE
It is observed from the above table that the respondents opined that
Anchor products sells maximum to domestic segment and industrial segment
compared with other two segments, Daspan products sells maximum in
commercial segment
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CHART 20
R E S P O N D E N T S O P IN IO N A B O U T T H E D E A L IN G S E G M E N T
80
70 68
60
54
50
44 43
40
29
30
25
20
15
13
10
10 8
4 5 4
3
1 0 0 1
0
A nchor D a sp a n Kundan L ish a MK O th e rs
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Reasons
S. Brand
Deliver Replace- Total
No. Name Price Quality Supply Image
y ment
1 Anchor 9 18 2 5 5 4 43
2 Daspan 7 3 7 3 10 1 31
3 Kundan 4 10 1 1 3 1 20
4 E-Fab 4 2 2 0 0 0 8
5 Others 6 1 1 0 0 0 8
Total 30 34 13 9 18 6 110
INFERENCE
S. Reasons
No Experience Deliver Replace- Total
Price Quality Supply Image
. y ment
1 Below 2 yrs 4 8 3 1 6 1 23
2 2-5 yrs 2 13 4 3 5 3 30
3 5-10 yrs 4 6 3 2 4 2 21
4 10-15 yrs 8 7 1 2 3 0 21
5 Above 15 yrs 12 0 2 1 0 0 15
Total 30 34 13 9 18 6 110
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INFERENCE
CHAPTER – 5
FINDINGS
CHAPTER – 6
• The traders are provided with promotion tools such as coupouns, contest,
premiums, etc. Advertising can be used to build up a long-term image for a
product to trigger quick sales.
CHAPTER – 7
CONCLUSION
The study reveals that Anchor enjoys better position in the market. This
is due to brand image it holds. The present position is at a satisfactory level but
to survive in this competitive world the firm had to extend its promotion tools and
credit period. Innovations in future can be enhanced.
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