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INTRODUCTION
A STUDY ON AN UNDERSTANDING OF MARKETING STRATEGIES ADAPTED BY PROTOSENSE
TECHNOLOGIES
CHAPTER 1 – INTRODUCTION
Showcase may be a put where product is presented by the manufacturer’s organization before
buyer to buy it, by the motive to offer the item.
This can be the put where one must be buyer and the other must be dealer and a few dealings
and exchange ought to be going between them.
Mass Showcasing: Beneath this mass generation and mass dispersion of one item is done to
draw all kind of buyer.
Stock run Promoting: This approach points to offer different items to its conclusion
customers. Usually done to reinforce the client base.
Board Showcasing: This approach offers to distinguish the extraordinary bunches that
construct an advertise to extend coordinating products and promoting blend for each one of
board showcase.
Promoting:
The American Promoting Association (AMA) gives the taking after definition: “Marketing
is a company work conjointly a total set of forms to create, communicate and convey
esteem to all its clients additionally to oversee and construct connections with clients in
such a way that it brings goodwill and advantage the partners and the organization”.
MARKETING MIX
Understanding, building and improving your marketing mix is the most important part of any
business. The marketing mix is related to the 4 P's. Product, Price, Place and Promotion
PRODUCT:
All products have a period of time called the product lifecycle. This life cycle has an
initiation stage as a growth stage, and once the product is highly rated by customers, it
reaches a higher stage called the maturity stage and finally reaches a stage where the
product declines. Marketers and analysts carefully examine all these stages and analyse
how to keep customers focused on the product and not accepted. We also turn our
attention to different challenges starting with product movement.
PRICE:
The amount the customer pays for the product. Cost is very important as it determines an
organization's profits and thus its sustainability. Price changes have a significant impact on
marketing strategy, relying on the price elasticity of products to manipulate and complete
requests on a regular basis. Marketers should set prices that complement the other features
of ad mix and market mix.
PLACE:
A place where customers can easily access products anytime, anywhere. Product delivery is
the most critical phase. When a product is advertised to customers, people get genuinely
excited about the product, and if the product is not available, the marketing mix is useless.
Location is therefore a very important unit of the marketing mix.
PROMOTION:
The various methods an organization uses to promote its products can be done through
advertising, promotional tactics, promotions, and sales organizations. Executed in the
promotion part. Promotions include ideas that cover the paid portion. This can be done
through radio, television, digital marketing, social media marketing, etc. Advertisements
are typically served to a large number of people. It is done in a way that excites the masses
and creates a desire to purchase this product. Today, even individual advertising techniques
are used to prioritize the customer, so every organization's advertising department has
There are people who are very creative.
MARKETING STRATEGIES:
Definitions: "The advertising approach positions out goal marketplace and its method for
connecting people and motivating and rework the ones people into capacity customers of
the precise product that the commercial enterprise provides. and the cost proposition so
one can be presented primarily based totally on an evaluation of the pleasant marketplace
opportunities." (Philip Kotler & Kevin Keller, Marketing Management, Pearson, 14th
Edition)
1) Budgeting Control:
3) Strategic Planning:
Each and each commercial enterprise is unique and that there may
be no approach to obtain competitive advantage; corporations must preserve and feature
bendy association and assessment system that pursuits to control with intentional surprises
and quick growing fear.
Strategic marketing planning is a critical process for any business trying to stay competitive.
This includes developing a comprehensive plan outlining company goal, target markets,
A strategic marketing plan includes creating a roadmap outlining the steps necessary to
achieve your marketing goals. It starts with a thorough analysis of your market, target
groups, products, and competitors. The plan should include a list of specific goals,
timelines, budgets, and tactics for implementing the plan. It is important to periodically
review and adjust the plan based on the results achieved and changing market conditions.
A well-crafted strategic marketing plan can help you allocate resources effectively, stay on
track, and achieve business success.
Marketing strategy includes mapping organizational processes for future planning periods.
3 years, 5 years, maybe 10 years. This includes a complete review of the organization's
operating environment with a vision to identify new business opportunities. That way,
companies can easily take advantage of the organization's potential competitive advantage.
A strategic plan can also describe market threats that an organization may need to consider
over the long term. It also tries to identify strategic gaps. It can be the difference between
where an organization is now and where it should be headed in the future for long-term
growth.
THE GOAL
Organizations can set marketing goals such as - increase your organization's percentage of
market share. Others may seek to maximize cash flow or maintain profitability through
organizational expansion. The only downside to be aware of is that you may have selected
the wrong destination. An effective marketing strategy aimed at the wrong target can be
dangerous for your organization.
COST
Every marketing strategy has a cost that you need to estimate depending on how well you are
spending your money. Email promotions are relatively cheap, but customers' spam can be
misplaced in his filters, rendering marketing suggestions useless. Therefore, a marketing
strategy helps an organization to place products and services in the right place at the right
cost to attract the attention of customers.
Marketing strategies can create business sense in terms of building brand awareness and
goodwill. If your approach to a particular product or service is ineffective, your customers
may
feel that their business is not viable. You need to decide how much emphasis your marketing
strategy will have to promote your brand. If a product makes a certain impression in the
customer's mind, the customer will definitely buy it.
Marketing strategy is one of the most important and fundamental aspects of any business. It is
a process that helps companies identify their target customers, create a plan to reach them,
and create an overall message that communicates the company's values.
You must have a marketing strategy to gain a competitive advantage. One of the main
benefits of a good marketing strategy is that it can significantly reduce the costs associated
with marketing. A well-crafted marketing strategy can help a company achieve the desired
results while spending less on marketing efforts. For example, companies can focus resources
on specific target groups, thus minimizing marketing costs. Additionally, businesses can save
money by using specialized marketing channels such as social media. This is often cheaper
than traditional methods. Additionally, businesses can use digital marketing to effectively
reach their target audience without the need for expensive advertising campaigns. By using
the right marketing channels and strategies, businesses can save a lot of money on marketing
costs. The cost-effectiveness of an effective marketing strategy helps businesses maximize
their return on investment and increase profits.
EFFECT
A marketing strategy that does not allow an organization to analyze its effectiveness
represents a disadvantage. Critically important. Organizations can effectively use and build
their marketing strategies by quantifying their goals.
A marketing strategy is an important tool for any company seeking to succeed in today's fast
paced and competitive business environment. A well-thought-out marketing strategy enables
companies to effectively communicate their brand values and unique selling propositions to
their target audience, leaving a strong and lasting impression on customers. Awareness and
customer loyalty are built, leading to increased customer retention and revenue. A positive
effect of a marketing strategy is therefore a way to improve a company's market position,
strengthen its relationship with its customers and give it a competitive advantage over its
competitors.
Adopting an effective benefit marketing strategy is essential for any business wishing to
make an impact in today's competitive marketplace. Your strategy should focus on
identifying and capitalizing on the strengths and opportunities that differentiate your business
from your competitors. A competitive advantage may be in the products or services you
offer, how you deliver them, or how you build and maintain relationships with your
customers. It can also be due to how we respond to market changes and develop innovative
solutions. Competitive advantage should drive your marketing efforts as it helps you stand
out from the competition and build a strong customer base. Maximize the effectiveness of
your benefit marketing strategy by identifying and targeting the right customer segments,
creating compelling messages that effectively communicate your value proposition, and
using the latest technology to optimize your campaigns. It's important to optimize your reach
and engagement. Additionally, the benefits should be communicated regularly to customers
through all available channels, including digital and traditional channels, so that customers
are always aware of the benefits they offer. Finally, by leveraging customer feedback, you
can continuously improve and update your benefits marketing strategy to stay current and
relevant to your customer base.
OTHER ADVANTAGES
A strategic marketing plan brings many benefits to a company. First, it helps companies to
clearly define their goals and helps them formulate effective marketing strategies.
Second, businesses can identify and target the right audience, resulting in higher conversion
rates and increased sales.
Third, it helps companies stay ahead of their competitors by constantly analyzing market
trends and adjusting their strategies accordingly.
Fourth, it helps allocate resources and ensures that the company allocates its resources
effectively and efficiently. Finally, strategic planning increases brand awareness and
recognition, which increases customer loyalty and retention.
Overall, a strategic marketing plan is essential for a company to achieve its long-term goals
and remain competitive in the market.
TIME CONSUMING
Developing an effective and actionable market strategy requires extensive customer market
research, data, competitive analysis, KPIs, indicators and various indicators to understand
customers and markets. The whole process takes at least 3 months. However, for the type of
business looking for immediate results, this is not the right strategic campaign.
EXPENSIVE
A successful marketing strategy requires many resources, including financial and human
capital. Companies should carefully consider the costs associated with their chosen strategy,
including: Recruiting a marketing team, purchasing promotional materials, and other related
costs. You also need to consider the return on investment. This is difficult to measure and
depends on the success of your strategy. Additionally, businesses must keep up with the latest
trends and technologies and adjust their strategies as needed to remain competitive. All in all,
marketing strategy is an expensive but necessary endeavour that can yield great returns for
those who are willing to put in the time and effort.
Market strategies are not only time consuming; they are also very expensive. It takes a team
of experts and experts to conduct market research, collect data, and execute campaigns. It is
difficult for SMEs to access abundant resources and capital investment to hire professionals.
DIFFICULT TARGETING
Developing an effective and actionable market strategy requires extensive customer market
research, data, competitive analysis, KPIs, indicators and various indicators to understand
customers and markets. The whole process takes at least 3 months. However, for the type of
business looking for immediate results, this is not the right strategic campaign.
EXPENSIVE
A successful marketing strategy requires many resources, including financial and human
capital. Companies should carefully consider the costs associated with their chosen strategy,
including: Recruiting a marketing team, purchasing promotional materials, and other related
costs. You also need to consider the return on investment. This is difficult to measure and
depends on the success of your strategy. Additionally, businesses must keep up with the latest
trends and technologies and adjust their strategies as needed to remain competitive. All in all,
marketing strategy is an expensive but necessary endeavour that can yield great returns for
those who are willing to put in the time and effort.
Market strategies are not only time consuming; they are also very expensive. It takes a team
of experts and experts to conduct market research, collect data, and execute campaigns. It is
difficult for SMEs to access abundant resources and capital investment to hire professionals.
DIFFICULT TARGETING
easy task as many factors need to be taken into account such as the client's lifestyle,
geographic location and interests.
In addition, high competition and limited resources make it difficult to target the right people
ahead of the crowd. For targeting to be successful, marketers must focus on finding the most
suitable customers and creating campaigns tailored to their needs, interests and locations. To
do this, you need to have a good understanding of your target audience, their behaviour, and
the most effective channels.
Additionally, marketers should be open to testing different channels, messages, and offers to
maximize reach and engagement. This helps you reach the right people and increases your
chances of success.
Marketing to a knowledgeable audience requires a specific set of methods that are very
difficult to execute effectively. The key to success is targeting people who have a deep
understanding of your product or service and presenting a message that appeals to their
specific needs and interests. It requires a nuanced approach that takes into account not only
your level of knowledge and expertise in the field, but also your level of knowledge and
expertise in the field.
trends, preferences and unmet needs. After understanding your customers' needs, it is
important to develop a marketing strategy that meets those needs. This may include
developing products or services that meet customer needs, initiating promotional campaigns,
and setting prices. Additionally, it is important to monitor customer feedback and adjust your
marketing strategy accordingly. Finding demand is difficult, but careful research and analysis
can help businesses formulate a successful marketing strategy that meets customer needs.
One of the most important elements of a successful marketing strategy is finding the right
demand for your product or service. For example, if you sell a new type of software, you
need to make sure the market is big enough. This can be determined by studying current
market trends and customer needs. You can also look at similar products on the market to see
if there is a need for your product or service. Once you identify the demand for your product
or service, you can use various strategies to You can reach your target customers. This
includes using traditional marketing techniques such as direct mail and radio advertising, as
well as digital marketing tactics such as pay-per-click and search engine optimization. You
can also reach potential customers through social media, email his campaigns and other
online his platforms. By understanding the needs of your target market, you can develop
marketing strategies that attract a steady stream of customers and generate more sales. So, it
is very difficult to find the demands for the organization in marketing strategy.
The electronics industry consists of organizations involved in the manufacture, design and
development, assembly and maintenance of electronic devices and components. These
organizations work together to offer a variety of products, but often have one thing in
common. They rely on electronic technology to function. Electronics is not only one of
the fastest
growing and most innovative industries, but also one of the most competitive. Research and
development of new and better products is very important in the electronics industry. In the
electronics industry, companies often face intense competition to get the latest technology to
market quickly.
Electronics is the branch of science and technology concerned with the study, application,
and control of electrical transport in vacuums, gases, liquids, semiconductors, and conducting
and superconducting materials. There are thousands of electronic products with countless
uses. These products consist of materials, parts, components, subassemblies, and devices that
use electronic principles to perform their primary function.
Overall, the industry's goal is to meet the needs of electronics manufacturers through the sale
of electronic components or products. Much effort and money is spent on research and
development to create improved parts and products and to improve their manufacturing
processes.
Electronics is the branch of science and technology concerned with the study, application,
and control of electrical transport in vacuums, gases, liquids, semiconductors, and conducting
and superconducting materials. There are thousands of electronic products with countless
uses.
These products consist of materials, parts, components, subassemblies, and devices that use
electronic principles to perform their primary function.
The Indian electronics industry is he one of the fastest growing industries in the world.
Electronic products have continuously influenced and shaped our lifestyles in the current
digital age.
The advent of technology has enabled seamless operations and accelerated the digital
revolution to the next level. Moreover, the demand for electronic devices is expected to
increase steadily and remain an important economic factor globally. The global electronics
industry was valued at US$2.9 trillion in 2020.
The Government of India has widely recognized the strategic importance and growth
potential of this industry in its National Policy on Electronics (NPE) 2019. NPE was
presented with the vision of transforming the country into a comprehensive electronic system
design and manufacturing (ESDM) centre by developing a supportive environment for the
industry to compete with global competitors.
The electronics manufacturing sector is a rapidly evolving industry, with major global
companies such as: -
Foxconn, Sony, Apple, Samsung, LG, and Microsoft all striving to become leaders in the
field. These companies invest heavily in research and development to stay ahead of the curve,
producing a wide range of products such as phones, tablets, laptops, televisions and other
consumer electronics.
Foxconn, in particular, is one of the largest electronics companies, producing a wide range of
Apple's iPhones, iPads, watches, and more. Sony, on the other hand, is known for consumer
electronics such as cameras, televisions, and video game consoles. Apple, Samsung and LG
are also major players in the consumer electronics market, producing a range of mobile
phones, tablets and laptops.
However, Microsoft is known for its software and hardware products such as Windows and
Office, as well as its Xbox and Surface line-ups. All of these major global players are
constantly innovating and investing heavily in research and development, making the
electronics manufacturing sector an exciting and ever-changing industry
The Indian electronics manufacturing industry has emerged as one of the strongest and most
competitive markets in the world. The government's focus on Make in India has attracted
several major players from around the world. The industry is experiencing rapid growth due
to the presence of giants such as Samsung, LG, Panasonic, Micromax, and Apple. These
global players are investing heavily in India and setting up factories in India. We also
introduce the latest technology and products to the Indian market. In addition to the global
giants, several local players such as Lava, Karbonn, Intex and Celkon are also competing in
the market. Domestic players also offer strong competition to global players.
CHAPTER – 2
COMPANY PROFILE
CHAPTER-2
COMPANY PROFILE
Mr. Pramod Pandeshwar and Vijayendra Pandeshwar are the founders of ProtoSence
Technologies in the year of 2008, a leading global provider of intelligent software and
hardware solutions. They have over 15 years of experience in the software industry and has a
proven track record of success in delivering quality products and services to businesses of all
sizes. Mr. Pramod Pandeshwar is an accomplished entrepreneur and decision maker. As the
founder of ProtoSence Technologies, they are committed to creating cutting-edge software
solutions that enable businesses to make the most of their resources and technology. Their
dedication to customer satisfaction and innovation has made him a highly sought after leader
in the industry. Mr. Pramod Pandeshwar is passionate about the development of technology
and its potential to improve the lives of people around the world.
Their gateways and protocol converters are designed to integrate Building Management
System (BMS) controllers, meters, and other field devices with various communication
protocols. They offer a variety of protocol converters and gateways that enable
BACnetMS/TP, Modbus-RTU/Modbus-TCP/IP, and M-Bus (Meter-Bus) devices to
communicate with each other. Our products are available in both stand-alone and rack-
mountable versions. Their gateways are also equipped with a web-based user interface and
various software applications that facilitate remote access. Their protocol converters provide
seamless integration of building automation systems with various field devices and ensure
reliable and secure communication. Their products are designed to provide maximum
flexibility and scalability for different applications. They are also designed for easy
installation and maintenance. With ProtoSence's Gateway and Protocol Converter products,
we can easily connect BMS controllers, meters, and other field devices with a variety of
communication protocols. Also, their products are backed by a team of experienced
professionals who are always willing to provide technical support and guidance. ProtoSence
Technologies is a firm dedicated to providing local and international customers with the
highest quality technology solutions at the lowest possible cost. They specialize in utilizing
India's advantages of high skill and low-cost knowledge industry to ensure that our
customers’ investments in technology are rewarding and timely. Their experienced team of
professionals works closely with their customers to understand their needs and develop the
most effective solutions that are tailored to their goals and ambitions. They take pride in our
commitment to deliver the best possible results in the shortest amount of time, with the least
amount of resources. Their team is continually researching and developing new technologies
to ensure that our customers are at the cutting edge of the industry. They are committed to
delivering the highest quality products and services, and providing the highest level of
customer service. They strive to be the best in the industry, and they are dedicated to
providing our customers with the best possible experience.
Branches: Karnataka
Employees: 50+
NATURE OF BUSINESS
strive to provide the best services to our customers and ensure that they are satisfied with our
products and services.
VISION:
We are a start-up company mainly focused on developing embedded computing products for
price-sensitive markets. We also provide hardware, software and firmware development
services.
MISSION:
We are a firm born with the focus and commitment to serve local and international customers
with the India’s advantages of high-skill and low-cost knowledge industry.
• ProtoSense Technologies strives to provide the highest possible quality products for
its customers.
PROPRIETOR
CEO
DEPARTMENTAL HEIRARCHY
FINANCE DEPARTMENT
FINANCE FINANCE
CHIEF FINANCE OFFICERMANAGER CONTROLLER
ACCOUNTANT
to ensure the company's long-term financial health and stability, to maximize the return on
investment, to support business strategy and operations, and to ensure compliance with all
relevant laws and regulations. In order to achieve these objectives, the Finance Department is
responsible for developing and implementing financial strategies, administering accounts,
planning and budgeting, overseeing financial investments, conducting financial analysis, and
preparing financial statements. The Finance Department also provides guidance and advice to
other departments and managers throughout the organization on financial matters.
Furthermore, the Finance Department is also responsible for developing and maintaining
financial systems and processes for the company, as well as designing and implementing
internal controls to ensure the accuracy and integrity of financial information. The Finance
Department also provides oversight and management of the company's cash flow, including
the management of debt and equity financing, as well as the collection of accounts
receivable. In addition, the Finance Department provides assistance to senior management in
making sound financial decisions.
CODE OF CONDUCT
All personnel should act with integrity and honesty in all financial dealings.
All personnel must comply with the applicable laws and regulations of the country in
which they are working.
All personnel must strive to maintain the highest standards of professional conduct in
accordance with the company's values.
All personnel must ensure that the financial information is accurate, complete and
timely.
All personnel must ensure that all financial transactions are properly documented and
that all appropriate internal controls are in place.
All personnel must ensure that all financial transactions are properly recorded in the
company’s books and records.
All personnel must ensure that all financial data and reports are prepared in
accordance with applicable accounting principles and standards.
All personnel must ensure that all assets are safeguarded and used for their intended
purpose.
All personnel must ensure that all expenditures are reasonable and necessary for the
company's operations.
All personnel must not disclose any confidential information or data to any
unauthorized persons, either inside or outside the company.
All personnel must not engage in any activity that could create a conflict of interest or
other improper business practices.
PRODUCTION
QUALITY HEAD
STAFF MEMBER
CHIEF
PRODUCTION
OFFICER
PRODUCTION TEAM
PRODUCTION
LEADER STAFF MEMBER
They maintain a high level of quality control to ensure that the products and services are
always of the highest quality. The production team is dedicated to providing the best service
and quality products to the customers at all times.
of safety and operational efficiency. They also strive to create an environment of continuous
improvement and to foster a culture of collaboration and cooperation among team members.
They are committed to developing new technologies and processes that will enable us to
remain at the forefront of the industry.
CODE OF CONDUCT
To ensure that our high standards are maintained, they have established the following Code
of Conduct for the Production Department of ProtoSence Technologies:
They maintain a safe and sanitary workplace, free from hazardous conditions.
They provide fair and equitable treatment to all employees, regardless of race, gender,
age, religion, sexual orientation or national origin.
They do not tolerate any form of harassment, either verbal or physical.
They ensure that employees are given appropriate training and equipment to
perform their jobs safely and efficiently.
They believe that by adhering to this Code of Conduct, they will create an environment of
trust, respect and productivity in our Production Department. they are confident that our
commitment to quality and excellence will lead to a successful and prosperous future for
ProtoSence Technologies.
MARKETING DEPARTMENT
MARKETING
TEAM STAFF
MARKETING
OPERATIONS
HEAD
MARKETING
CHEIF
TEAM STAFF
MARKETING
OFFICER
MARKETING TEAM
MARKETING
HEAD TEAM STAFFS
OBJECTIVES
The marketing department of ProtoSence Technologies is dedicated to
helping the company reach its business objectives by creating, implementing, and managing
marketing strategies and campaigns that support the company's overall goals. Their primary
objective is to increase brand awareness and drive revenue growth.
To that end, they create and manage marketing campaigns, develop and maintain
relationships with key stakeholders, and create content and communications that convey the
company's core values and strengthen its brand. They also strive to optimize the customer
experience by gathering customer feedback, analysing customer data, and initiating customer
service initiatives. Additionally, they work to create and implement digital strategies that will
help the company stay ahead of the competition, leveraging the latest technologies to help
customers find the products and services they need. Finally, they work to identify and build
relationships with potential partners and sponsors to help further the company's goals and
objectives.
CODE OF CONDUCT
They must adhere to all applicable laws, regulations, and industry standards in our
marketing activities. They must strive to maintain the highest standards of
professional conduct and integrity, and respect the rights of all persons with whom we
interact.
SJB COLLEGE OF MANAGEMENT STUDIES 42
They must be mindful of our responsibility to protect the confidentiality of our
customers and their information. We must use customer data and other confidential
information only for purposes authorized by our customers or required by law, and
must take reasonable steps to protect the confidentiality of such information.
They must never make false or misleading statements or misrepresent our services or
the services of our customers. They must also be honest and forthright in all of their
marketing activities, and be clear and accurate in our communications.
PERSONNEL DEPARTMENT
PERSONNEL
HUMAN HEAD
RESOURCE EXECUTIVE
HEAD OF HR
TEAM
OBJECTIVES
The personnel department of ProtoSence Technologies has several objectives. One of the
primary objectives is to ensure that the organization has the required number of employees
with the right skills to achieve its goals. The department achieves this by conducting regular
recruitment drives, both on-campus and off-campus, and by partnering with recruitment
agencies. The department is also responsible for developing and implementing training and
development programs that help employees acquire new skills and improve their existing
ones. Additionally, the personnel department is responsible for managing employee benefits,
such as health insurance, retirement plans, and paid time off.
Finally, the department plays a critical role in managing employee relations, including
resolving conflicts and promoting a positive work culture. Overall, the objectives of the
personnel department are focused on ensuring that ProtoSence Technologies has a motivated,
skilled, and productive workforce.
CODE OF CONDUCT
SALES DEPARTMENT
STAFF
SALES
OPERATIONS HEAD
STAFF
SALES MANAGER
STAFF
SALES TEAM
HEAD
STAFF
OBJECTIVES
To achieve this, the sales department engages in a number of activities such as identifying
potential customers, developing sales strategies, and building relationships with prospects.
Another important objective of the sales department is to increase customer satisfaction and
loyalty. This is done by providing excellent customer service, addressing customer concerns,
and ensuring that products and services meet the needs of customers. The sales department
also plays a key role in promoting the brand and image of the company. By engaging in
various marketing and promotional activities, the sales team helps to build awareness about
the company and its products and services, and to position ProtoSence Technologies as a
leader in its industry. Overall, the sales department of ProtoSence Technologies is focused on
achieving its objectives by delivering value to customers and contributing to the growth and
success of the company.
CODE OF CONDUCT
The Code of Conduct of the Sales Department in ProtoSence Technologies
should be implemented and enforced to ensure ethical practices, protect the company's
reputation, and promote customer trust, while also taking into consideration the potential
negative impacts on employees' morale and motivation.
The sales department of ProtoSence Technologies has a set of policies that are designed to
ensure consistency and fairness in its operations. One of the key policies is that all sales
representatives must adhere to a strict code of ethics when dealing with clients. This includes
being transparent and honest about the products or services being offered, as well as
providing accurate pricing information. Another policy is that all sales representatives must
undergo regular training to keep up with the latest industry developments and best
practices. The
department also has a policy of regularly monitoring customer satisfaction levels and taking
appropriate action to address any issues or concerns that arise. Additionally, the sales
department has a target-driven approach, which means that sales representatives are expected
to meet specific sales targets within a given timeframe. Overall, the policies of the sales
department of ProtoSence Technologies are focused on providing customers with the best
possible experience while also ensuring that the department meets its business objectives.
The products and services offered by ProtoSense Technologies PVT Ltd are as follows:
BACNET/TP ROUTER
BACNETM-BUS GATEWAY
BACNET-MS/TP GATEWAY
ONLINE SERVICES
PC/104 and other types of SBC modules and accessories with customized OS,
drivers and application development.
The routers can also be used to provide firewalls between networks, allowing for secure
access to the building automation system while preventing unauthorized access. Additionally,
the routers provide support for a variety of data types, including text, video, audio, and
graphics.
The gateway allows the Modbus devices to be monitored, controlled and integrated with the
BACnet system, which can then be used to monitor, control, and manage the overall building
automation system. The gateway also enables the Modbus devices to be connected to the
BACnet system through a secure Ethernet connection, ensuring that all data transmission is
secure and reliable. The gateway also provides a reliable and secure connection between the
Modbus devices and the BACnet system, allowing for seamless and reliable communication
between them. The gateway also allows for the integration of Modbus devices into the
BACnet system, providing an easy and efficient way to integrate them into the overall
building automation system.
SERIAL DEVICE SERVER AND MODBUS GATEWAY
The Modbus gateway acts as a bridge between the SDS and the Modbus protocol, allowing
for communication between the two systems. This gateway enables data to be securely
collected and transmitted from the SDS to the Modbus protocol. This communication can be
used to monitor and control the system through various applications such as alarms,
warnings, and control of the various operations within the system. Additionally, the Modbus
gateway can be used to access data from the SDS, allowing for further analysis and
optimization.
Using a Modbus gateway with an SDS allows for a much more efficient approach to system
monitoring and control.
By having a direct connection between the SDS and the Modbus protocol, companies can
easily access and utilize their data in order to gain more insight into their operations.
Additionally, by having a secure connection, companies can be assured that their data will
remain secure and that their systems will be running optimally. In addition, by utilizing the
Modbus gateway, companies can also take advantage of advanced features such as data
logging and advanced analytics, allowing them to make more informed decisions and better
manage their operations.
BACKNET MBUS GATEWAY
communication between BACnet networks and Modbus devices. It is used to link devices
that use different communication protocols or technologies and to integrate them into a single
network. The BACnet mbus gateway is a powerful tool that can be used to connect Modbus
devices to a BACnet network. This gateway is designed to be compatible with the BACnet
protocol, allowing the Modbus devices to communicate with the BACnet network. The
gateway is designed to provide a secure connection between the two networks, ensuring data
integrity and reliable communication. With the BACnet mbus gateway, users can integrate
Modbus devices into a BACnet network, allowing for data exchange and control between the
two networks. The gateway provides a reliable and secure connection between the two
networks, allowing for efficient data transmission and control.
Additionally, the gateway is designed to be compatible with BACnet network topologies and
protocols, ensuring that the Modbus devices can be integrated into the network without any
issues. The BACnet mbus gateway is a powerful and versatile device that can be used to
integrate Modbus devices into a BACnet network. It is a cost-effective solution that allows
users to integrate devices that use different communication protocols or technologies into a
single network, enabling efficient data exchange and control. The gateway provides a secure
connection between the two networks, ensuring data integrity and reliable communication.
With the BACnet mbus gateway, users can integrate Modbus devices into a BACnet network,
allowing for data exchange and control between the two networks, while maintaining a
secure connection.
BACNET-MS/TP AND MODBUS GATEWAY
SERVICES PROFILE
With their small form factor and rugged design, they can be easily integrated into various
devices and systems, saving space and reducing the need for maintenance. Additionally,
these embedded computers offer a high level of performance and low power consumption,
making them an ideal solution for applications that require continuous uptime and reliability.
DATA ACQUISITION AND DATA LOGGER PRODUCT
EMBEDDED SYSTEM SOFTWARE DEVELOPMENT FOR 8 –
BIT TO 32 – BIT MICROCONTROLLER PRODUCTS.
PC/104 AND OTHER TYPES OF SBC MODULES AND
ACCESSORIES WITH CUSTOMIZED OS, DRIVERS AND
APPLICATION DEVELOPMENT
Customized drivers can ensure compatibility with other devices and systems, while
customized application development tools allow for the creation of specialized software
applications. This flexibility makes PC/104 and other SBC modules a popular choice for
industrial automation, transportation, medical equipment, and many other applications.
SANTELIQUIP
Santeliquip LTD is a one of the leading company in the field of engineering and
technology. The company specializes in designing and developing electronic products,
software applications, and hardware systems. They have a wide range of products and it
is running successfully when it comes to software and hardware solutions.
VAYAM GROUPS
VAYAM GROUPS was founded on October 20, 2013 with the motto of providing
solutions to all technical problems. It currently consists of four companies,
Vayam technologies – engineering explored focuses on implementing technology to
engineering problems and providing alternative energy for the nations of the future.
Currently working on projects:
Power from waste and other alternative energy sources. Technology research and development
Centre.
Their expertise lies in embedded systems, digital signal processing (DSP), AI, machine
learning, and cloud computing. They bridge the gap between interdisciplinary technology
spaces.
Sisai Technologies' goal is to provide their customers with better and more cost-effective
technology solutions to solve their complex business problems.
SOLFINDER RESEARCH
The five forces model, according to Porter, should be applied at the industry level; it is
not intended for use at the industry group or sector level. A market in which comparable
or closely related products and services are supplied to purchasers is what an industry is
described as at a lower, more basic level. Firms competing in a single industry should
do at least one five-force analysis for that industry.
POTENTIAL
ENTRANTS
Consultants
Substitutes
SUPPLIERS BUYERS
COMPETITORS
LOCAL
SMALL
SUPPLIERS PROTOCONVERT
ERS SCALE
LOCAL
SANTELIQUIP COMPANIES
VENDORS
SISAI LOCAL
RAW TECHNOLOGIES COMPANIES
MATERIALS
EDAC MULTITECH
MANUFACT LOCAL BUSINESS
U RING
COMPANY
AGREEMENT
SUBSTITUTES
Local
Readymad
e products
International
embedded
products
Clients are more likely to move to alternatives in reaction to price rises when close
alternative products are available
Substitutes are readymade embedded that can be used in local or international projects.
Major Companies and local suppliers that already have this equipment can enter this
market.
Capital requirements
In the Software and hardware embedded market, the threat of new entrants is moderate.
New Software and hardware embedded companies are likewise planning to enter
this market through partnerships local firms.
Customers can also make use of their bargaining power to get discounts and other
promotional offers from ProtoSence Technologies, which can help them to save money in the
long run. All in all, the bargaining power of customers for ProtoSence Technologies is
strong, and customers can use it to their advantage to get the best possible deal.
order to ensure that it can benefit from their expertise and resources. By leveraging the
bargaining power of suppliers, ProtoSence Technologies can achieve a competitive
advantage in the market and ensure that its customers receive the best products and services.
STRENGTHS:
ProtoSence Technologies has a strong reputation for providing reliable, innovative and cost-
effective solutions that are tailored to the specific needs of its customers. It has a highly
experienced and dedicated team of professionals who are experts in their respective fields.
The company has a wide range of products and services that are designed to meet the
changing needs of its customers. It also has an effective distribution network across the
globe, which enables it to quickly deliver its products and services to its customers.
WEAKNESSES:
Even though ProtoSence Technologies quite old to the market, which makes it vulnerable to
competition from larger, more established companies.
Its products and services may also not be as robust or as feature-rich as its competitors.
Additionally, the company may lack the resources or capabilities to quickly adapt to the
changing needs of its customers.
OPPORTUNITIES:
ProtoSence Technologies has the potential to capitalize on the growing demand for
innovative technology solutions, as more businesses are looking for ways to stay ahead of
their competition. It also has the opportunity to expand its product and service portfolio to
meet the needs of its customers, as well as explore new markets.
THREATS:
ProtoSence Technologies faces the threat of competition from larger, more established
companies that have more resources and capabilities. Additionally, the company may not be
able to keep up with the changing needs of its customers, resulting in a decrease in market
share. Furthermore, the company may be at risk of losing customers due to new or better
products and services offered by its competitors.
CHAPTER – 3
RESEARCH DESIGN
3.1 INTRODUCTION
Research design is a set of methods and procedures utilized in collecting and analyzing
measures of the variables laid out in the research problem.
Creating a search topic explains the sort of research (experimental, survey research,
correlational, semi-experimental, review) and its sub-type (experimental design, research
problem, descriptive case-study) within the research problem.
According to Kerlinger
“Research design is that the plan, structure, and strategy of investigation conceived so on
obtain answers to research questions and to regulate variance”.
This study attempts on analyzing marketing strategy that has an impact of sales adopted
ProtoSense Technologies
3.5.1 METHODOLOGY
Primary Data
Secondary Data
PRIMARY DATA
These data are collected first hand by the researchers, the info is collected
directly from the person within the sample population. In this project research
the gathering of knowledge is in questionnaire form.
SECONDARY DATA
The data which has been gathered earlier for other purposes are secondary data.
This data is from websites, Research papers (Google).
Case study
Inductive approach
Mail Questionnaire
Internet
Bar graph
Pie chart
CHAPTER 1: Introduction
This chapter provides a brief introduction about theoretical study or market domain,
industry analysis including various aspects.
This chapter deals with the concepts of research design such as Statement of the problems,
objectives, scope, need of the study, research methodology.
This chapter includes tabulation of date, study and interpretation of the information
collected and presented in graphical form.
This chapter concludes the project report. It comprises of the findings and
conclusions of the study and various recommendations and suggestions that can
be made.
CHAPTER – 4
FRAMEWORK OF ANALYSIS
FRAMEWORK OF ANALYSIS
20 – 25 4 13%
• •
25 – 35 8 27%
• •
35 - 45 9 30%
• •
Above 45 9 30%
• •
Analysis: From the above it can be viewed that the age of 4 respondents is in between 20
to 25, the age of 8 respondents is in between 25 to 35, the age of 9 respondents is in
between 35 to 45 and 9 respondents are above 45 age.
GRAPH 1.2
Age
35%
30%
25%
20%
Age
15%
31% 29%
28%
10%
12%
5%
0%
20 - 25 25 -35 35 - 45 Above 45
Interpretation: From the above data analysis we can understand that most of the workers
are above 35 to 45 age. 12% of 20-25 age. 28% of 25-35 age and 29% of above 45 age.
Male • 20 • 67%
Female 10 33%
• •
Total 30 100%
• •
Analysis: From the above it can have shown that the majority of respondents are male
i.e.; 67% are male and females are 33%.
GRAPH - 4.2
Gender
80%
70%
60%
50%
40%
Gender
67%
30%
20%
33%
10%
0%
Male Female
Interpretation: From the above analysis it can be understood that majority of the staff
are males.
5000-10000 5 16%
10000-12000 10 33%
12000-15000 9 30%
150000-20000 4 13%
Above 20000 2 8%
Analysis: From the above table it can be analyzed that 16% of the respondents earn
5,000- 10000, 33% of the respondents earn 10000 to 12000, 30% of employees earn
12000 to 15000, 13% of respondents earn 150000 to 20000 and 8% of the respondents
earn above 20000.
GRAPH - 4.3
40
35
30
25
20
Income level
15 30
33
10
16
13 8
5
Interpretation: From the above data analysis it can be interpreted that employees of
Protosense Technologies have a good income level as they are majorly getting paid more
than 15000.
Respondents Percentage
YES 29 97%
NO 1 3%
Analysis: From the above table it can viewed that 97% of the respondents say that
Protosense Technologies has an active marketing department whereas only 3% of people
believe it doesn’t have one.
GRAPH -4.4
Marketing Dept
120
97
100
80
60
40
20
Yes No
Interpretation: From the above data analysis it can be interpreted that ProtoSense
Technologies has a very good marketing department as majority of them said yes.
4.5) How often does the departmental meeting take place to update the marketing
strategies of ProtoSense technologies?
Once in a month 2 6%
Once in a quarter 1 4%
Once in 6 months 1 3%
Analysis: From the above data it can be shown that 87% of respondents think that
departmental meeting takes place once in every 15 days where 7% think it happens
once in a month and 3% once in a quarter and only 3% think it happens once in 6
months.
GRAPH – 4.5
100%
87%
90%
80%
70%
60%
50%
40%
30%
20%
10%
6%
4%
3%
0%
Once in every 15 daysOnce in a month Once in a quarter Once in 6 months
4.6)Do you agree that the marketing strategies of the company are updated as
and when political changes or government policies change?
Respondents Percentage
Agree 5 17%
Disagree -
Strongly Disagree 1 3%
Analysis: From the above data we know that majority of employees that is 80%
strongly agree that marketing strategies of the company are updated as and when
political changes or government policies change whereas 17% agree to the statement
whereas 3% strongly disagree to the statement.
GRAPH 4.6
90
% 80%
80
%
70
%
60
%
50
%
40
%
30
%
20
%
18%
10
% 2%
0%
Respondents Percentage
Agree 8 27%
Disagree -
Strongly Disagree 1 3%
Analysis: From the above numerical data it is shown that 67% employees
strongly agree that marketing strategies differ from country to country, 27%
employees agree, 3% employees are neutral, and only 3% employees strongly
disagree.
GRAPH – 4.7
70% 67%
60%
50%
40%
30%
27%
20%
10%
3%
3%
0%
Respondents Percentage
YES 29 97%
NO 1 3%
Analysis: From the above data we can consent as 97% of respondents said yes
and 3% said not to the statement of ProtoSense Technologies plan to
undertake filed survey.
GRAPH 4.8
Field survey
120%
100% 97%
80%
60%
40%
20%
3%
0%
YES NO
Respondents Percentage
Market Oriented 1 3%
Analysis: From the above data we can see that majority of people that is 97%
believe that the company is product oriented.
GRAPH 4.9
120%
97%
100%
80%
60%
40%
20%
3%
0%
4.10) How effective are the marketing strategies of with regards to sales?
Respondents Percentage
Effective 2 7%
Neither effective - -
norineffective
Ineffective - -
Extremely ineffective - -
Analysis: From the above table it can be shown that 93% of people have selected
extremely positive and 7% have selected effective.
GRAPH 4.10
100
%
90%
80%
70%
60%
50%
40%
30%
20%
Percentage
10%
0%
Interpretation: From the above graph it can be interpretive that the marketing
strategies of ProtoSense Technologies with regards to sales is extremely effective
in the organization.
CHAPTER -5
• ProtoSense Technologies does field survey before starting its any project so that it
can gain knowledge about the country and its working behavior.
• ProtoSense Technologies advertises its products and services by all means that is
through Calling and Email.
• ProtoSense Technologies takes customer feedback very often and also has a very
good customer database.
5.2 CONCLUSION:
During this unique experience it was realized that marketing strategies contribute huge for the
company to in survive in the market. Learning the strengths, weaknesses, opportunities and
threats of the company through keen observation and understanding that the company not
only concentrates on having very effective marketing strategies but also has lot of concern
towards customer feedback, the process of work.
Learned how marketing strategies can define growth of any organization and also how it can
have impact on sales. ProtoSense Technologies is a good working place with all the accurate
facilities provided which would keep the employees satisfied. Marketing Strategies is the
plan of action designed both effectively and efficiently to promote, advertise and have a
better sale of product or service. Overall ProtoSense Technologies has effective marketing
strategies that help them to differentiate them with competitors.
5.3 SUGGESTIONS:
BIBLIOGRAPHY
WEBSITES:
https://www.protosensetech.com
https://www.ibef.org/research/case-study/india-s-
electronics-manufacturing-and-export-market
https://blog.bizvibe.com/blog/largest-electronics-
companies
https://www.eletimes.com/indian-electronic-industry-the-
factors-driving-indias-electronics-industry
https://indiaai.gov.in/article/building-designing-
semiconductors-where-does-india-stand
ANNEXURE
1) Age
2) Gender
Male
Female
Yes
No
5) How often do the departmental meetings take place to update the marketing
strategies of the company?
Once in every 15 days
Once in a month
Once in a quarter
Once in 6 months
6) Do you agree that the marketing strategies of the company are updated as and when
political changes or government policies change?
Strongly agree
Agree
Neither agree nor disagree
Disagree
Strongly disagree
7) Do you agree that the marketing strategies of ProtoSense Technologies while making
business with different local companies?
Strongly agree
Agree
Neither agree nor disagree
Disagree
Strongly disagree
10) How effective are the marketing strategies of ProtoSense Technologies with regards
to Sales?
Extremely Effective
Effective
Neither Effective nor Ineffective
Ineffective
Extremely Ineffective