Professional Documents
Culture Documents
ACKNOWLEDGEMENT
With profound sense of gratitude and regard, I express my sincere thanks to my guide and
mentor Mrs-________________________-_ for her valuable guidance and the confidence she
instilled in me, that helped me in the successful completion of
this
project
report.
Without
her
help,thisprojectwouldhavebeenadistantaffair.
Her thorough understanding of the subject and professional guidance was indeed of immense
helptome.
1
INTRODUCTION
AboutHP:
HP is a technology company that operates in more than 170 countries around the world. It
explores how technology
and services can
help
people
and
companies
address
their
problems and
challenges, and realize their possibilities, aspirations and dreams. It applies new thinking and
ideas to create more simple, valuable and trusted experiences with technology, continuously
improvingthewayourcustomersliveandwork.
No other company offers as complete a technology product portfolio as HP. It provides
infrastructure and business offerings that span from handheld devices to some of the world's
most powerful supercomputer installations. It offers consumers a wide range of products and
services
from
digital
photography
to digital
entertainment
and
from
computing
to home
printing.
This comprehensive portfolio helps us match the right products, services and solutions to our
customers'specificneeds.
2
FOUNDERS:
3
Mission:
HP's mission is
to invent technologies
and services
that
drive business
value, create
social benefit
and improve the lives of customers — with
a focus
on
affecting
the
greatest
number
of
people
possible.
HPFastFacts:
1. HPwasfoundedin1939.
2. CorporateheadquartersareinPaloAlto,California.
3. DionWeisleristhePresidentandCEO
4. HP is among the world's largest IT companies, with revenue totaling $138.854 billion
(2015)
5. HPhasapproximately3 15,000employees(Q2,2015)worldwide.
TechnologyLeadership:
1. HP'sthreebusinessgroupsdriveindustryleadershipincoretechnologyareas:
2. The Personal Systems Group: business and consumer PCs, mobile computing devices
andworkstations
3. The Imaging and Printing Group: inkjet, LaserJet and commercial printing, printing
supplies,digitalphotographyandentertainment
4. The
Technology
Solutions
Group: business
products
including
storage
and
servers, EDS,
managedservicesandsoftware
4
Contribution
Global
citizenship
encompasses
our
commitment
to
align
our business
goals with
our
impacts
on
society
and
the
planet. It is
one of
our
seven
corporate
objectives,
rooted in HP’s
founding
values
and
key
to
our
success.
For
more than
70
years,
global
citizenship
has
influenced
how
it runs our
business, holding us to higher standards of integrity, contribution and accountability in
everythingItdoes.
Itfocusesourenergiesandexpertiseinfiveareas:
1. Ethicsandcompliance
2. Humanrightsandlaborpractices
3. Environmentalsustainability
4. Privacy
5. Socialinvestment
HP’sSharedValues:
1. Passionforcustomers:-itputsourcustomersfirstineverythingitdoes.
2. Trust
and
respect
for
individuals:
- It
works
together
to
create
a culture of inclusion
built
ontrust,respectanddignityforall.
3. Achievement and contribution: - It strives for excellence in all It does; each person's
contributioniscriticaltooursuccess.
4. Results
through
teamwork:
-It
effectively
collaborates,
always
looking
for
more
efficient
waystoserveourcustomers.
5. Speed
and
agility:
- It
is
resourceful
and
adaptable,
and
we
achieve results
faster
than
our
competitors.
6. Meaningful innovation: - It is the technology company that invents the useful and the
significant.
5
Purposeofthestudy
The
basic
purpose
is
to
gain
an
understanding
about
the
marketing
mix
of
the
company so as to
extractvitalinformationaboutitsfunctioning.
ObjectivesoftheStudy
Specifically,theobjectivesofthestudyare:
● TostudythefourP’sofHP.
● ToprovideaSWOTanalysisframeworktoidentifythecompany.
FourP’sofHP:
MARKETINGMIX
1. TheFirstP—‘PRODUCT’:
Product
is a key element in
the
market
offering.
Marketing
mix
planning
begins
with formulating
to meet target customer’s needs & wants. The customer will judge the offering by
three
basic
elements-features&quality,servicesmix&quality&priceappropriateness.
Kotler says that ‘A product is anything that can be offered to a market
to
satisfy
the
wants
or
needsoftheconsumers.
Products that are
marketed
include
physical
goods,
services,
events,
experience,
persons,
place,
properties,organizations,information&ideas.
6
A
firm
is
not
selling
a product.
It
sells
only
the
‘product
benefit’.
Product
is
the most
important
variable in the marketing mix of the firm. If the product is sound & easily acceptable to the
market if it satisfies
reseller’s
need
& consumer
preference
& is
carefully
fitted
to
the
needs
&
desires
of
the
customers,
sales
success
is
assured.
Hence
‘product’
is
the center
of all-marketing
policies & decisions. The marketing planning begins with the product & also ends with the
product.
Companyplanstoincreasetheirproductrangeinthefuture.Abriefdescriptionofsomeproducts
isasfollows:-
Product Name:
1. Laptops,NotebookComputers&TabletPCs
i.Everydaycomputing
Laptops
for
movies,
music,
photos
and
multitasking
in
your
home
or
home
office
ii.Performance&entertainment
Laptops for cutting-edge entertainment and
gaming
7
iii.Ultra–portable
LaptopcomputersortabletPCsforon-the-gopersonalproductivityandconnectivity
2. LaptopsforBusiness
HPProBook440G2(L9V62PP)
Bestinclass,packedwithfeaturesandfunctionality
8
HPSPECTRE
Itishp’sthinnestlaptoplaunchedin2016
3. Monitors
i. Home&HomeOfficemonitors
ii. BusinessMonitors
9
4. Options&Accessories
Keyboards,mice,memory,storage,speakers,headsets,webcams,
cables,gamingandotheraccessoriesfordesktopcomputers.
i. Home&HomeOfficedesktopaccessories
ii. Businessdesktopaccessories
iii. ExtendedserviceplansforHome&HomeOffice
5. LaserPrinters,InkjetPrintersandMultifunctionPrinters
i.ColorPrinters
a) Inkjetprinters
DeskJet,Officejet,andBusinessInkjetprinters
I. Homeinkjetprinters
II. Businessinkjetprinters
a)Colorlaserprinters
ColorlaserprinterswithHPLaserJetperformance
1.Homecolourlasers
2.Businesscolourlaser
b)Large-formatprinters
HPDesignjet,DesignjetCommercialandScitexprinters;
HPIndigopresses
1.Designjetprinters
2.Othergraphicartsproducts
10
b) Black&WhitePrinters
1. Laserprinters
HPLaserJetprintersforhigh-speed,high-volume,high-quality
Printing
1.Homelaserprinters
2.Businesslaserprinters
6. Wirelessprinting
EnjoythefreedomtoprintfromanywherewithHP'slineofwireless
printers.Wirelessallowsgreatermobility,nowiresandsharedprinting.
ManyHPprintershavewirelessprintingbuiltintotheprinterandHP
offersanadd-ontoyourexistingprinter.
LiveWirelessly.PrintWirelessly.
2.THESECONDP-‘PRICE’
Salesareonlyincomeforanybusinessconcern.Butpriceisthemainfactor,whichaffectsthe
saleofthemarket.Ifthepriceishigh,fewbuyerspurchaseandifthepriceislowmanybuyers
purchase.Thereforeasoundpricingpolicymustbeadoptedtohavemaximumsalerevenue.
Moreover,itisonlythroughproperpricingpolicythealreadylaiddownmarketingobjectiveand
corporategoalscouldbeachieved.
Priceistheexchangevalueofaproductorservicealwaysexpressedintermsofmoney.Inother
words,priceofaproductorserviceiswhatthesellerfeelsitsworthontermofmoney,when
offeredtoabuyer.
11
Tothecustomer,thepriceisanagreementbetweenseller&buyerconcerningwhateachisto
receive.Thebuyerisinterestedinthe‘price’ofthewhole‘package’consistingofaphysical
productplusabundleofexpectationandsatisfaction.Theconsumerhasnumerousexpectations
suchasaftersaleservice,replacementofparts,technicalguidance&moneyotherbenefits.
However,totheseller,priceisasourceofrevenueandamaindeterminantofprofit.Tothe
seller,priceisequivalenttothetotalproductoffering.Thisofferingincludesabrandname,a
package,productbenefits,aftersaleserviceandsoon.Wecandefinepriceasthe“moneyofthe
productorserviceagreeduponinamarkettransaction”.
So,
Priceinmoney=physicalproduct+bundleofexpectations
ThePriceFactorofPCs
12
ThepricelistofthesomeITProductsofHPIndiaPvt.Ltd.isasfollows:-
1
HPPavilion15-E002AUE4X37PA
● AMD,1.5GHz
● DDR3,8GB,HDD,1TB
● 15.6inches,Windows8
Rs22,000
HPPavilion15-ab220tx
● Corei5,2.2GHz
● DDR3LSDRAM,8GB,HDD,1TB
● 15.6inches,Windows10Home64
Rs50,899–
13
HPEnvy15-J120TXF7P49PA
● Corei5,Corei3,2.5GHz
● DDR3,8GB,4GB,HDD,1TB
● 15.6inches,Windows8.1
Rs34,990-
HPPavilion15-B003TUC7D81PA
● PentiumDualCore,1.5GHz
● DDR3,2GB,HDD,500GB
● 15.6inches
Rs25,110
14
HPDeskJet1112SingleFunctionInkjetPrinter
fromR
s.1,672
HPLaserjetM1005MultifunctionPrinter
fromRs.1
2,899
HPLaserjetM1136MultifunctionPrinter
fromRs.9
,979
15
HPLaserjet1020PlusLaserPrinter
fromRs.7
,900
3.THETHIRDP–‘PROMOTION’
Promotionistheprocessofmakingcommunicationinvolvinginformation,
persuasion and influence. Promotion has three specific purposes. It communicates marketing
information
to
the
customers,
users
& retailers.
Promotion
persuades
and convinces
the
buyer &
enters into this consumer behavior. Promotional efforts act as powerful tools of competition
providing the cutting
edge
of
its
entire
marketing
program.
Promotion
has
been
defined
as
“the
coordinated
self
initiated
effort
to
establish
channels
of
information
& persuasion
to
facilitate
or
faster
the
sale
of
goods
or
services,
or
the acceptance
of
ideas
of
points
of
view.”
It
is
a non-price
competition.
Broadly
speaking,
promotion means to
push
forward
or
to advance
ideas
in
such a way as
to
gain
its acceptance & approval. It is an effort by the marketer to inform and persuade buyers to
accept, resell, recommend, or use the article, services or ideas, which is being promoted. The
promotional
activity always
attempts to
affect
knowledge,
attitude,
preferences
& behavior of the
recipient, i.e. buyers. The element of persuasion to accept ideas, products, services etc.,
is
the
heartofpromotion.
The
market
must
communicate
to
his
prospective buyer
& provide
them
adequate
information in
a
persuasive
language.
People
must
know that
the
right
product is
available at
the
right
place &at
16
the
right
price.
This
is the
job of promotion
in
marketing.
In
essence, promotion
is
the spark plug
inourmarketingmix.Itissaidthat:-
“Nothinguntilsomebodypromotessomething”
Promotion
can
create
& stimulate
demand,
capture
demand
from rivals and maintain
the
demand
of
your
products
even
against
keen
competition.
It
is
true
that nothing
can
be
sold
& nothing
can
makemoney(exceptmint)withoutmeansofpromotion
Thecommunication&promotionmixincludesfouringredientsviz.
1. Salespromotion
2. Advertising
3. Publicity
4. Personalselling
1. Salespromotion
SalespromotionwiththereferenceofHPIndiaPvt.Ltd.
Companyplanstofollowtwokindsofpromotionaltoolsfortheirproducts.Theyare:-
(a) Dealerspromotion
(b) Customerspromotion
(a)Dealerspromotion
To make a proper channel of distribution & to increase the market share of the company,
corporate plans to promote their dealer or retailers through the various promotional
strategies.
Under
which
they
provide
a price
off,
a straight
discount
off
the
list
price.
The
offer
encourages
retailersaswellasdistributorstobuyaquantityorcarryanewitem.
As it is, the company provides allowances to the distributors for the carrying out of the
company’s
brand.
An
advertising
allowance
compensates
retailers for
advertising
the
company’s
products.
17
Company also provides
free
goods
to
the
distributors
as
they
offer
for
taking
up
extra
goods
or
for
carrying
new
products.
In
addition,
the
company
plans
to
organize
the
industrial
associations
intheformoftradefairs&conventionstostimulatethesaleresultoftheirintermediaries.
(c) Customerspromotion
Due to the proper attention towards the channel of intermediaries, the company is not able to
give
proper
attention
towards
consumer’s
promotion
but
they
arrange
the
whole
method
of local
promotion
for
the
awareness
of
the
local
customers.
As
it
is they
also provide demonstrations
&
gifts
to
the
customers
shortly
by
which
products
of
the
company
are
able
to
create
a spec in
the
customer’smind.
2. Advertising
AdvertisingwiththereferenceofHPIndiaPvt.Ltd.
18
At present time the chairman of HP India Pvt. Ltd. give attention to make proper
distribution
channel for their products. It is the company’s
policy
that
firstly
they
make
proper
distribution
channel for their products by
which
any
customer
either
he/she
will
be
belongs
to
rural
area
or
belongs to urban area got the product easily. After making proper distribution channels,
corporate plans to come through the media,because advertisement on media requires heavy
investment.
As far as advertisement is concerned HP India Pvt. Ltd. provides claim to their respective
stockiest
of
the
different
districts
of
the
state
for
the
local
awareness
/ promotion
as
per required
bythestockiestofthedistricts.
Local promotion includes Banners, Holdings, and Cable TV. Adz Installing, Trade fairs,
Sponsorship
etc.
for the awareness
of their
products
to the
local
customers.
Because the company
doesn’t come through the media in the present time i.e. why does the company bear all the
expensesforthelocalpromotionasrequiredbythedistributors?
Itistrue,thatitisnotsufficientintoday’shighcompetitivemarketingscenario,butafterthe
attainmentoftheproperdistributionchannelcompanydefinitelycomethroughthemediawhich
isapowerfulsourceofdemandgenerationintoday’stoughmarketingscenario&itisdefinitely
providesastrongconsumerpulltothenewproductsoftheHPIndiaPvt.Ltd.
3. Personalselling
Asalesmanisonewhopracticestheprofessionofselling.Onecanlearnalotaboutsellingand
salesmanshipjustbythinkingaboutthedefinitionofpersonalselling.
Americanmarketingassociationdefinedsalesmanshipas’theprocessofincludingandassisting
aprospectivebuyertobuyacommodityorserviceortoactfavorablyuponanideathathas
commercialsignificancetotheseller.’
PersonalsellingwiththereferenceofHPIndiaPvt.Ltd.
19
Effective communication & facilities motivate salesmen to make a good relationship with the
customers.
Corporate
actually
knows
the
importance
of
the
phenomenon
of
personal
selling
I.e.
why they tried
to
implement
the
‘A-I-D-A-S’
formula
of
personal
selling.
The
brief
description
ofthisformulaisasfollows:-
A:-Attention–The‘Attention’ofthecustomer.
I:-Interest --Createan‘Interest’.
D:-Desire --Ignitethe‘Desire’ofthecustomer.
A:-Action --Gaininganorder.
S:-Satisfaction–Customer‘Satisfaction’.
4.THEFOURTH‘P’–PLACE
Marketer
has
to
ensure
the
availability
of
its
products
to
the
target customers.
If a product is not
availabletothetargetcustomersattherightplace,thenhe/shemayshifttocompetitiveproducts.
Soplacedecisionrelatesto:
(i) Channel
decision
– what
kind
of
distribution
channels
a company
adopts
between plants
&consumers.
(ii) Distribution channel policy – whatever to go for extensive or selective or exclusive
distribution.
(iii)Degreeofselectivityamongwholesalers&retailers.
(iv)Efforttogetthecooperationofthetrade.
(v) Physical distribution decisions include logistics, transportation,warehousing, material
handling,bulkpackagingetc.
20
MeaningofchannelsofDistribution
DistributionChannelsofHPIndiaPvt.Ltd.State
Eastern Central Western
Distributors Distributors Distributors
Retailers Retailers Retailers
21
OBJECTIVE:T
oprovideaSWOTanalysisframework
SWOTANALYSIS
SWOTanalysisofHPwilltellustheinternalstrengthsandweaknessesofthecompanyaswell
asexternalopportunitiesandthreatsthatthecompanyisfacing.SWOTanalysisofthecompany
willexplorethestrategicsituationofHP.Analysisisdescribedbelow
HPSWOTAnalysis
Strengths Weaknesses
StrongpresenceinChina Poorcompetencyinacquisitions
Brandreputation 29%ofincomecomesfrompersonal
Diversifiedproductportfolio systemsdivision
Poorpresenceintabletmarket
Opportunities Threats
Expandservicesandenterprisesolutions
Retaliationbyincumbentfirmsinsoftware
divisions services
Increasingdemandofcloudbasedservices SlowinggrowthrateofthePCmarket
Acquisitionofmoretechnologyrelated
Rapidtechnologicalchange
patents
Strengths
1. Strong presence in China. The economy of China has been growing at
a steady
more
than
8%
rate
every
year.
The growing
economy accelerates corporate
spending
and HP
is
well positioned to benefit from it. The company has increased its investments in the
market
and
expanded
product
and
service
offerings, especially its
enterprise
business and
22
services divisions. These divisions offer the most profitable HP’s products, including
cloud computing services and enterprise solutions. Strategic expansion into Chinese
marketmayresultinastrongcompetitiveadvantageforthebusinessinthenearfuture.
2. Brand reputation. HP is the world’s leading PC vendor with more than 15% market
share.
It
is
also one of the major
providers of
service
network
products. The company has
a
significant
market
reach
all
over
the
world
in
nearly
all
of
the
markets
it operates. This
has
resulted
in
a strong
brand
reputation.
According
to
Interbrand, HP’s
brand
was
value
at$26billionin2012andwasamongtop15mostvaluablebrandsintheworld.
3. Diversified product portfolio. Although slowly, HP has been diversifying its product
portfolio and moving from its main Personal Systems business to more profitable and
lucrative enterprise solutions and services
business.
The
company
now
offers
thousands
of different products and services. In addition, its product portfolio is more diversified
than competitors’
portfolios,
which
make
HP
less
susceptible
to
changes
in
the
different
industriesandmarkets.
Weaknesses
1. Poor competency in acquisitions. Over the last 10 years, HP has acquired at least 50
technology
companies.
Some of the
acquisitions
added
new
skills,
products
and
increased
business’
revenues
but
the
rest acquisitions were
either
of no
value
or
even
detrimental
to
the company. Most notably,
Autonomy
Corporation,
which
was
acquired
for
$11
billion
and was a complete failure. HP bought a highly overvalued company and had
to
write
down
$8.8
billion
value
of
its
books.
This
acquisition
has
revealed
how incompetent HP
was when acquiring the company. No other HP competitor has experienced such an
acquisitionfailureinthedecade.
23
2. 29% of income comes from personal systems division. HP still heavily depends on
sales from PC, especially laptops. The market for PC has matured and is expected to
grow
very
slowly
or
even
decline
after
a few
years.
Combining
this
with
ever
decreasing
margins on computer
hardware
products,
HP’s largest
Personal
Systems division
becomes
aweaknessforthecompany.
3. Poor
presence
in
the tablet
market. The
tablet
market
has
been
growing and is
expected
to grow in double digits over the next few years. Most of other technology businesses
have successfully introduced their products in the tablet
market
and
have
enjoyed
huge
income and profit growth. Although HP had its TouchPad tablet model and later
introduced its Slate series tablets into the market, the company has failed to offer an
attractive product for consumers. As a result, the business experiences losses and is
unable
to
compete
successfully
in
this
lucrative market
with companies like
Samsung and
Apple.
Opportunities
2. Increasing
demand
of
cloud based
services. The cloud
computing
market
is
expected to
grow by an average of 22% each year from 2011 to 2020. By 2020, the market is
24
expected
to reach
$240 billion
value. Currently,
HP
is
offering
many
services
related
with
cloudcomputingandiswellpositionedtobenefitfromthegrowingmarket.
3. Acquisition of more technology related patents. R&D is expensive to engage in and
the best alternative
to
that
is
to
acquire
patents
from
other
companies
in
the
market.
HP
has a lot of free cash that could be used to acquire companies holding the necessary
technology patents. With a strengthened patent portfolio, HP
would
be
able
to
compete
withtherivalfirmsinthetablemarket.
Threats
1. Retaliation by incumbent firms in software services. Profit margins are high in the
market of enterprise software solutions and HP might face stronger than expected
competitionfromincumbentfirmssuchasOracleorIBM.
2. Slowing growth rate of the laptop market. Growth rate of the computer market is
slowing down and in the near future the markets will become saturated. The company
faces intense competition from rivals like Acers, Apple, Dell, Lenovo or Samsung in
terms of price, quality, brand, technology, distribution channels and range of products.
Besides, customer needs are changing and now customers are keener to buy tablets or
smartphones than new laptops. Therefore, it will prove hard for HP to compete in
personalcomputersmarketandcontinuetogrowitsmarketshare.
3. Rapid technological change. The serious threat that HP and the other tech companies
are facing is a rapid technological change. Companies
are
under
the
pressure
to
release
the
new
products
faster and
faster.
The
one
that cannot
keep
up
with
the
competition soon
fails.
This
is
especially
threatening
for
HP
as
the
company
is
already
behind
its
rivals in
termsofquality,priceandtechnologicaladvancementofsomeoftheproducts.
25
CONCLUSION
After
concluding
with
the
project
of
the
marketing
mix
and
SWOT
analysis
of
the
company, I
aminapositiontopresentthefollowing:
26
Now for our own personal experience this project was a real rewarding experience for
us
and
helped us gain insights into the ways how the marketing
of
laptops
takes
place..
We
are
really
indebtedtoourmentortohaveprovideduswiththisopportunitytolearnthisconcept.
BIBLOGRAPHY
BOOKS:
1. Kothari,C.R.MarketingResearch,3rd
edition
27
2. Kotler,Philip,MarketingManagement
3. T.NChabra,MarketingManagement
WEBSITES:
1. www.computerworld.com
2. www.hpinfosystem.com
3. www.compareraja.in
4. www.strategicmanagementinsight.com
28