Professional Documents
Culture Documents
On
Submitted By
Vikrant Awasthi
Roll No.1421, Sec-A
In partial fulfillment for the requirement of the Two Year Full Time
1 ACKNOWLEDGEMENT
2 EXECUTIVE SUMMARY
3 RESEARCH OBJECTIVES
5 COMPANY STUDY
6 REVIEW OF LITERATURE
7 RESEARCH METHODOLOGY
9 FINDINGS
10 QUESTIONNAIRE
11 RECOMMENDATIONS
12 LIMITATIONS
13 CONCLUSION
14 BIBLIOGRAPHY
Acknowledgement
I would like to thank JK cement for providing me with an opportunity to work on
my summer project. The immense help and support received from J.K Cement
over whelmed me during the project.
I am highly indebted to Mr. Pankaj Basra (J.K Cement ltd, Regional head,
gurgaon), who provide me with the necessary information and his valuable
suggestion and comment on bringing out this report in the best possible way.
Last but not the least my heartfelt love of my parents, their constant support and
blessing helped me throughout the project.
Executive Summary
Times have never been so good for the Indian cement industry. The robust
earnings growth posted by cement companies since last eight quarters has been
unprecedented. Strong demand and slower capacity addition has resulted into
cement prices perking up by almost 35 to 50 percent over last two years.
We believe the purple patch for cement companies is likely to continue for
another four to five quarters till the new capacities get commissioned although
the earnings would see moderate growth going forward due to high base effect.
There is no room for dramatic rise that has been witnessed over past five quarters
marked by reversal in cement cycle. From longer tern perspective, we believe
cement companies would feel the pressure on margins post December 2007, both
on account of rising cost as well as vanishing pricing power, at least in some
pockets across India.
Management Problem
To know the consumer behaviour on J.K cement and factors affecting their
purchase.
Objective
The project is carried out for knowing the consumer behaviour on J.K cement and
factor affecting their purchase. The project will be done in Gurgaon. I will take
market players in cement industry. They are ACC, Ambuja, Jaypee, Shree, Binani,
bangur and JK.
Research Methodology
The descriptive nature of the research necessitated collection of primary data
from retailers of cement through market survey. Personal Interview method will
be used and interview would be conducted through structure questionnaire.
With the help of the Questionnaire I will try to analyze each n every factor which
is responsible for the satisfaction level of the retailers, dealers, LABOUR (mistris)
and consumers toward JK cement and its competitors. Study will also include
market demand for the cement, market share, and competitors analysis to know
the exact position of cement in the market.
Sampling Technique
Random Sampling technique will be used to select the retailers and consumer. 90
respondents will be taken including retailers, dealers, labours (mistris), consumer
(of age group 30 and above, both and female and income level above 4 lac per
annum).
The project will be carried out for 50 days. After collecting the detailed
information from the market, analysis of data will be made.
Introduction
Objectives
Scope and Limitation
Introduction
Today it is fashionable to talk about the new economy. We hear that the
business are operating in globalize economy; things are moving at a
nanosecond pace our market are characterized by hyper competition and
disruptive technologies are challenging every business and so business must
adopt to empower consumer.
After collecting the derailed information about the market analysis is done. In
the analysis, we will try to suggest the observation would be carefully analyzed
and suggestion would be given to management that how they can improve
their branding strategies in this cluttered market.
To attain the main objective other sub objective are needed to be achieved. These
are listed below:
The study can help in analyzing certain weak point, improving on which a
company can overcome the low sales of its cement but only in gurgaon region.
INTRODUCTION
Cement Industry in India
Cement Industry in India is on a roll at the moment. Driven by a booming
real estate sector, global demand and increased activity in infrastructure
development such as state and national highways, the cement industry has
witnessed tremendous growth. Production capacity has gone up and top
cement companies of the world are vying to enter the Indian market,
thereby sparking off a spate of mergers and acquisitions. Indian cement
industry is currently ranked second in the world.
The origins of Indian cement industry can be traced back to 1914 when the
first unit was set-up at Porbandar with a capacity of 1000 tonnes. Today
cement industry comprises of 125 large cement plants and more than 300
mini cement plants. The Cement Corporation of India, which is a Central
Public Sector Undertaking, has 10 units. There are 10 large cement plants
owned by various State Governments. Cement industry in India has also
made tremendous strides in technological upgradation and assimilation of
latest technology. Presently, 93 per cent of the total capacity in the industry
is based on modern and environment-friendly dry process technology. The
induction of advanced technology has helped the industry immensely to
conserve energy and fuel and to save materials substantially. Indian
cement industry has also acquired technical capability to produce different
types of cement like Ordinary Portland Cement (OPC), Portland Pozzolana
Cement (PPC), Portland Blast Furnace Slag Cement (PBFS), Oil Well
Cement, Rapid Hardening Portland Cement, Sulphate Resisting Portland
Cement, White Cement etc. Some of the major clusters of cement industry
in India are: Satna (Madhya Pradesh), Chandrapur (Maharashtra),
Gulbarga (Karnataka), Yerranguntla (Andhra Pradesh), Nalgonda (Andhra
Pradesh), Bilaspur (Chattisgarh), and Chandoria (Rajasthan).Cement
industry in India is currently going through a consolidation phase. Some
examples of consolidation in the Indian cement industry are: Gujarat
Ambuja taking a stake of 14 per cent in ACC, and taking over DLF
Cements and Modi Cement; ACC taking over IDCOL; India Cement taking
over Raasi Cement and Sri Vishnu Cement; and Grasim's acquisition of the
cement business of L&T, Indian Rayon's cement division, and Sri Digvijay
Cements. Foreign cement companies are also picking up stakes in large
Indian cement companies. Swiss cement major Holcim has picked up 14.8
per cent of the promoters' stake in Gujarat Ambuja Cements (GACL).
Holcim's acquisition has led to the emergence of two major groups in the
Indian cement industry, the Holcim-ACC-Gujarat Ambuja Cements combine
and the Aditya Birla group through Grasim Industries and Ultratech
Cement. Lafarge, the French cement major has acquired the cement plants
of Raymond and Tisco. Italy based Italcementi has acquired a stake in the
K.K. Birla promoted Zuari Industries' cement plant in Andhra Pradesh, and
German cement company Heidelberg Cement has entered into an equal
joint-venture agreement with S P Lohia Group controlled Indo Rama
Cement. Cement is a key infrastructure industry. It has been decontrolled
from Price and distribution on 1st March, 1989 and deli censed on 25th July,
1991. However, the performance of the industry and prices of cement are
monitored regularly. The constraints faced by the industry are reviewed in
the Infrastructure Coordination Committee meetings held in the Cabinet
Secretariat under the Chairmanship of Secretary (Coordination). Its
performance is also reviewed by the Cabinet Committee on Infrastructure.
Domestic Players
The founder to whom J.K organization owes its name was a Father son, Late Lala
Jhuggilal Singhania and Late. Lala Kamlapat Singhania. They started their business
activities from Kolkata as financial investors over 100 years ago in 1887 in 1914 they
shifted towards the Cotton textile industries at Kanpur (U.P.)
M/S J.K. synthetics Limited established their first gray Portland cement plant based
on dry process technology at Nimbahera in the year 1974 .The main aim to set up the
plant was to fulfill the demand of cement in the country. The main reason of
establishing this plant in Nimbahera was easy availability of raw materials (Limestone) in
sufficient quantity. The whole Maarwad Malwa belt is carrying plenty of Limestone i.e.
primary raw materials for cement manufacturing.
Then first kiln of this plant was started at 900 tons per day (TPI) and subsequently
the capacity was increased by addition of two more kilns f 1200 TPD 1350 TPD & 3400
TPD in 1979, 1982 & 1988 respectively. In 2002 new Grey Cement plant was installed at
Mangrol with initial production capacity of 2500 TPD.
Today Nimbahera plant production is around 7000 TPD and Mangrol plant production
is about 3000 TPD contributing to total production of 10000 TPD.
J.K.Cement has been awarded by ISO -9000, ISO-9002, ISO-14000 & OHSAS-18000.
FOUNDATION
Late Sir
Padampat
Singhania
LALA JUGGILAL SINGHANIA LALA KAMLAPAT SINGHANIA
(1857-1922) (1884-1937)
-PILLARS-
Dr. Singhania, our Chairman, holds a Master of Arts degree in Economics and a
PhD degree in Economics from Agra University. He has corporate experience
spanning 50 years. He has been associated with the Company as its Promoter
Director and has led our Company since its inception in 1994. He is also the
Chairman of JKSL, Juggilal Kamlapat Cotton Spg. & Wvg. Mills Company
Limited and J.K. Traders Limited. He has held the position of Chairman of the
Merchant Chambers of Uttar Pradesh and Employers Association of Northern
India.
He has also been the president of Uttar Pradesh Stock Exchange Association
Limited. He has been a director of Pradeshiya Industrial Investment Corporation of
Uttar Pradesh, Uttar Pradesh State Industrial Development Corporation and the
Uttar Pradesh State Sugar Corporation. Currently, he is also the chancellor of
Dayanand Shiksha Sansthan and the president of Kanpur Education Society
Cement has different quality parameters which can be classified broadly in two
categories Chemical and physical generally cement is of three different grades i.e. 33,
43, 53 based upon cements 3.7 or 28 days compressive strength. J.K. Cement is
pioneering in 43 grade cement because of its quality consciousness.
1.1.4 ACHIEVEMENTS :
ACC
(ACC Limited) is India's foremost manufacturer of cement and concrete.
ACC's operations are spread throughout the country with 16 modern cement
factories, more than 40 Ready mix concrete plants, 20 sales offices, and
several zonal offices. It has a workforce of about 10,000 persons and a
countrywide distribution network of over 9,000 dealers.Since inception in
1936, the company has been a trendsetter and important benchmark for the
cement industry in many areas of cement and concrete technology. ACC has
a unique track record of innovative research, product development and
specialized consultancy services. The company's various manufacturing units
are backed by a central technology support services centre - the only one of
its kind in the Indian cement industry. ACC plants, mines and townships
visibly demonstrate successful endeavours in quarry rehabilitation, water
management techniques and greening activities. The company actively
promotes the use of alternative fuels and raw materials and offers total
solutions for waste management including testing, suggestions for reuse,
recycling and co-processing.
Customer Satisfaction
Always invest in Latest Technology
Huge Distribution Network Creation
Expansion through Balancing Equipment
Constant focus on Cost Control & Quality
Invest in Managers & Develop People Skills
Stability of Executive Management & Low Employee turnover
Social Welfare - A Priority
RESEARCH
METHODOLOGY
RESEARCH METHODOLOGY
This report acts a general guide line in framing the entire research work. Further it
gives clear ideas about defining the research problem, research design, sampling
design, methods of data collection and measurement and scaling techniques. This
report acts as a general guideline in framing the entire research work. Hence, a
research should be a step towards the awareness of the expanding needs of the
customers and thereby to meet them. Just as many dissatisfied customers do not
register formal complaints, satisfied customers may not provide the feedback
necessary to understand as to why the satisfaction has occurred. Hence, a detailed
research is required to know as to what is lacking in the system and what can be
done thereof. A recent study of the corporate world has clearly established the fact
that only such of those corporations which have given their customers maximum
value for their money, have survived and further, only such of those companies
that have gone beyond the stage of satisfying the customers into delighting them by
exceeding their expectations have really grown beyond ones wildest dreams.
Research Design
A research design is purely the frame work or plan used to study and analyze the
data collected. Research is the scientific way to solve the problem and it is
increasingly used to study the market potential. This involves exploring all
possible methods of solving the research problems, examining the alternative
methods one by one and arriving at the best method, considering the resources at
the disposal of the researcher.
Descriptive Research
The Research design used for this study is Descriptive design, which includes
surveys and fact findings of different kinds. The major purpose of descriptive
research is a description of the state of affairs, as it exists at present .The entire
analysis is described in detail with the use of a well structured questionnaire and
the interpretation thereon.
Sample design
A sample design is a definite plan for obtaining a sample from a given population.
It refers to the technique or the procedure the researcher would adopt in selecting
items for her sample. The random sampling technique is to be employed for data
collection. 45 dealers and retailers were interviewed altogether from GURGAON
for the collection of primary data through questionnaire in order to extract pieces
of information and opinions about J.K. cement and other cement manufacturers. 2
different structured Non-Distinguished Direct Questionnaire that includes multiple
choice and Open-Ended Questions was framed to carry out the survey and obtain
the necessary information from the Customers and dealers and retailers.
Source of data
The data for this study was collected from primary source and secondary source.
The primary data was collected through questionnaire and survey. This catered to
the needs of studying the objectives. The secondary data was collected from
articles given in internet, journals and magazines to gather information about the
company and the topic of the study.
PRIMARY DATA
Primary data was obtained by interviewing the dealers and retailers, the customers.
SECONDARY DATA
Through past records of the company, annual reports, magazines and journals and
internet to understand the topic.
Sample Size
About 90 respondents were surveyed and assessed for their opinion about Cement.
Survey was done in GURGAON only.
Research Methodology
Survey Method was chosen to obtain the needed information from the respondents
so as to study the various magnitudes of the project objectives.
Research Instrument
Contact Method Personal visit to various shops & various places in Gurgaon.
Sampling Procedure
Period of study
The reference period for conducting this study is from 02nd MAY to 24th JUNE,
2011.
DATA
INTERPRETATION
AND
ANALYSIS
FINDINGS
FROM
CUSTOMERS
1-MOST PREFERRED BRAND
Statistics
Cumulative
Frequency Percent Valid Percent Percent
Valid J.K Cement 8 17.8 17.8 17.8
Binani 5 11.1 11.1 28.9
ACC 5 11.1 11.1 40.0
Ambuja 11 24.4 24.4 64.4
Shree 10 22.2 22.2 86.7
Jaypee 3 6.7 6.7 93.3
Birla 2 4.4 4.4 97.8
Bangur 1 2.2 2.2 100.0
Total 45 100.0 100.0
Interpretation:
From the above table, we can make the analysis that 17.8% of the consumers prefer JK
cement whereas Ambuja and Shree brand has a highest value in the eyes of
customers.
12
10
8
Frequency
0
J.K Cement Binani ACC Ambuja Shree Jaypee Birla Bangur
Most Preffered Brand
2-Most Advertised Brand
Statistics
Most Advertised Brand
N Valid 45
Missing 0
Median 4.0000
Cumulative
Frequency Percent Valid Percent Percent
Valid J.K Cement 1 2.2 2.2 2.2
Binani 5 11.1 11.1 13.3
ACC 10 22.2 22.2 35.6
Ambuja 14 31.1 31.1 66.7
Shree 9 20.0 20.0 86.7
Jaypee 2 4.4 4.4 91.1
Birla 1 2.2 2.2 93.3
Bangur 3 6.7 6.7 100.0
Total 45 100.0 100.0
Interpretation:
From the above table we can analyze that J.K Cement (2.2%) advertisements are very
less as compared to most advertised brand like ambuja (31.1%) and ACC (22.2%).
Most Advertised Brand
12.5
10.0
Frequency
7.5
5.0
2.5
0.0
J.K Cement Binani ACC Ambuja Shree Jaypee Birla Bangur
Most Advertised Brand
3-Advertisement Effectiveness
Statistics
Advertisement Effectiveness
N Valid 45
Missing 0
Median 4.0000
Advertisement Effectiveness
Cumulative
Frequency Percent Valid Percent Percent
Valid Newspaper 8 17.8 17.8 17.8
Hoarding 3 6.7 6.7 24.4
Wall Painting 3 6.7 6.7 31.1
T.V 29 64.4 64.4 95.6
Others 2 4.4 4.4 100.0
Total 45 100.0 100.0
Interpretation:
From the chart and the table, we can analyze that advertisement are most effective on
T.V (64.4%), Newspaper (17.8%) & so on.
Advertisement Effectiveness
30
20
Frequency
10
0
Newspaper Hoarding WallPainting T.V Others
Advertisement Effectiveness
4-Most Suggested Brand
Statistics
Most Suggested Brand
N Valid 45
Missing 0
Median 4.0000
Interpretation:
From the above table, we can analyze that most suggested brand by various sources is
ambuja(24.4%) then shree(22.2%) and then J.K (17.8%).
Most Suggested Brand
12
10
8
Frequency
0
J.K Cement Binani ACC Ambuja Shree Jaypee Birla Bangur
Most Suggested Brand
6-Purchase Decision Influencer
Statistics
Brand Suggested By
N Valid 45
Missing 0
Median 1.0000
Brand Suggested By
Cumulative
Frequency Percent Valid Percent Percent
Valid Engineer 23 51.1 51.1 51.1
Friends 8 17.8 17.8 68.9
Mistries 9 20.0 20.0 88.9
Dealers 4 8.9 8.9 97.8
Others 1 2.2 2.2 100.0
Total 45 100.0 100.0
Interpretation:
From the above table, we can analyze that maximum number of people take the advice
from the engineers (51.1%) during purchasing of cement then from their mistries (20%)
and then from the friends (17.8%), hence we can come to the conclusion that firstly
people give priority to engineers in purchasing cement, then to mistries.
Brand Suggested By
25
20
Frequency
15
10
0
Engineer Friends Mistries Dealers Others
Brand Suggested By
5-Best Brand Rating
Statistics
Brand Rating
N Valid 45
Missing 0
Median 4.0000
Brand Rating
Cumulative
Frequency Percent Valid Percent Percent
Valid J.K Cement 8 17.8 17.8 17.8
ACC 5 11.1 11.1 28.9
Jaypee 3 6.7 6.7 35.6
Shree 10 22.2 22.2 57.8
Binani 5 11.1 11.1 68.9
Birla 2 4.4 4.4 73.3
Ambuja 11 24.4 24.4 97.8
Bangur 1 2.2 2.2 100.0
Total 45 100.0 100.0
Interpretation:
From the above table, we can analyze that Ambuja (24.4%) has got the best cement
brand perception, then Shree (22.2%) and then J.K (17.8%).
Brand Rating
12
10
8
Frequency
0
J.K Cement ACC Jaypee Shree Binani Birla Ambuja Bangur
Brand Rating
IN SELECTING CEMENT WHAT IS
PREFFERD
1. BRAND IMAGE
Brand Image
N Valid 45
Missing 0
Median 1.0000
Brand Image
Cumulative
Frequency Percent Valid Percent Percent
Valid 1 33 73.3 73.3 73.3
2 11 24.4 24.4 97.8
3 1 2.2 2.2 100.0
Total 45 100.0 100.0
Brand Image
40
30
Frequency
20
10
0
1 2 3
Brand Image
2. Price
Statistics
Price
N Valid 45
Missing 0
Median 3.0000
Price
Cumulative
Frequency Percent Valid Percent Percent
Valid 1 3 6.7 6.7 6.7
2 6 13.3 13.3 20.0
3 36 80.0 80.0 100.0
Total 45 100.0 100.0
Price
40
30
Frequency
20
10
0
1 2 3
Price
3. Convenience of Location
Statistics
Convenience of Location
N Valid 45
Missing 0
Median 2.0000
Convenience of Location
Cumulative
Frequency Percent Valid Percent Percent
Valid 1 9 20.0 20.0 20.0
2 29 64.4 64.4 84.4
3 7 15.6 15.6 100.0
Total 45 100.0 100.0
Convenience of Location
30
20
Frequency
10
0
1 2 3
Convenience of Location
Interpretation:
From the above tables and charts, we can make the analysis that BRAND IMAGE is
preferred mostly and is ranked first , then secondly CONVENIENCE OF LOCATION,
then thirdly PRICE hence we can come to the conclusion that mostly consumer prefer
brand image while purchasing cement.
Median of above all factors
FROM
DEALERS
1-Most Demanded Brand
Statistics
Cumulative
Frequency Percent Valid Percent Percent
Valid J.K Cement 6 13.0 13.3 13.3
Binani 6 13.0 13.3 26.7
ACC 4 8.7 8.9 35.6
Ambuja 7 15.2 15.6 51.1
Shree 8 17.4 17.8 68.9
Jaypee 5 10.9 11.1 80.0
Birla 4 8.7 8.9 88.9
Bangur 5 10.9 11.1 100.0
Total 45 97.8 100.0
Missing System 1 2.2
Total 46 100.0
Interpretation:
From the above table, we can analyze that most demanded brand in gurgaon is Shree
(17.4%), ambuja(15.2%) and then J.K Cement(13%).
Most demand brand
6
Frequency
0
J.K Cement Binani ACC Ambuja Shree Jaypee Birla Bangur
Most demand brand
2-Most Advertised Brand
Statistics
Cumulative
Frequency Percent Valid Percent Percent
Valid Binani 6 13.0 13.3 13.3
ACC 4 8.7 8.9 22.2
Ambuja 15 32.6 33.3 55.6
Shree 11 23.9 24.4 80.0
Jaypee 4 8.7 8.9 88.9
Bangur 5 10.9 11.1 100.0
Total 45 97.8 100.0
Missing System 1 2.2
Total 46 100.0
Interpretation:
From the above table we can analyze that most advertised brand is ambuja(32.6%) ,
shree (23.9%) , binani(13%).
Most adverertised brand
15
10
Frequency
0
Binani ACC Ambuja Shree Jaypee Bangur
Most adverertised brand
3-Effectiveness of Advertisement
Statistics
Ad Effectiveness
N Valid 45
Missing 1
Median 4.00
Ad Effectiveness
Cumulative
Frequency Percent Valid Percent Percent
Valid Newspaper 7 15.2 15.6 15.6
Hoardings 5 10.9 11.1 26.7
Wall Painting 3 6.5 6.7 33.3
T.V 27 58.7 60.0 93.3
Others 3 6.5 6.7 100.0
Total 45 97.8 100.0
Missing System 1 2.2
Total 46 100.0
Interpretation:
From the above table, we can make the analysis that most effective advertisement for
cement category is T.V (58.7%) and then Newspaper (15.2%).Hence we can make a
conclusion that cement industry should invest more in advertisement in TV and
Newspaper.
Ad Effectiveness
30
20
Frequency
10
0
Newspaper Hoardings Wall Painting T.V Others
Ad Effectiveness
Cumulative
Frequency Percent Valid Percent Percent
Valid J.K Cement 5 10.9 11.1 11.1
Binani 6 13.0 13.3 24.4
ACC 4 8.7 8.9 33.3
Ambuja 8 17.4 17.8 51.1
Shree 8 17.4 17.8 68.9
Jaypee 5 10.9 11.1 80.0
Birla 4 8.7 8.9 88.9
Bangur 5 10.9 11.1 100.0
Total 45 97.8 100.0
Missing System 1 2.2
Total 46 100.0
Interpretation:
From the above table, we can analyze that most suggested brand by various sources is
ambuja & shree (17.4%) then binani (13%) and then (J.K, Jaypee, bangur) 10.9%.
Most Suggested Brand
6
Frequency
0
J.K Cement Binani ACC Ambuja Shree Jaypee Birla Bangur
Most Suggested Brand
Statistics
Cumulative
Frequency Percent Valid Percent Percent
Valid J.K 6 13.0 13.3 13.3
ACC 4 8.7 8.9 22.2
Jaypee 5 10.9 11.1 33.3
Shree 8 17.4 17.8 51.1
Binani 6 13.0 13.3 64.4
Birla 5 10.9 11.1 75.6
Ambuja 7 15.2 15.6 91.1
Bangur 4 8.7 8.9 100.0
Total 45 97.8 100.0
Missing System 1 2.2
Total 46 100.0
Interpretation:
From the above table, we can analyze that Shree (17.4%) has got the best cement
brand perception, then ambuja(15.2%) and then (binani and J.K ) 13%.
Best Brand Perception
6
Frequency
0
J.K ACC Jaypee Shree Binani Birla Ambuja Bangur
Best Brand Perception
Median of above all factors
Median (Consumer) =4
Median (Dealers) =4
Median =4
PhoneEmail
Address
.
Town CityDistrict
B1
B2
B3
B4
B5
4 Why?
6- Which type of advertising do you feel is the most effective? (Please tick)
- Newspaper
- Hoardings
- Wall painting
- T.V.
Others
J.K Shree
Binani Birla
ACC Jaypee
Ambuja Other..
Very good
Good
Average
Fair
Poor
...............................
...............................
12- Please give rating (Tick) to following according to your choice: -
...
...
QUESTIONNAIRE (For Consumers)
Name..Address
Phone No
Age
5- Shree
6- Jaypee
7- Birla
8- Bangur
J.K Shree
Binani Birla
ACC Jaypee
Ambuja Other
3- Which brand is more advertised?
- Newspaper
- Hoardings
- Wall painting
- T.V.
Others
Engineer
Friends
Mistries
Dealers
Others
7- In selecting cement, How important are all points, Please rank them
accordingly from (1-3)
Brand Image
Price
Convenience of location
7
SWOT ANALYSIS
S-STRENGTHS
J.K.Cement possess good brand image in the existing market which is definitely a
part of pavement brick for it.
Location has always been an important factor in Rajasthan extensive (about 2500
MT) of cement grade limestone available.
W-WEAKNESSES
Fewer advertisements.
Lack of self enthusiasm in the working pattern of the executives as a result the
aggressiveness towards sales is low.
More advertisement.
Competitive prices.
May increase the discount and margin structure for retailers and dealers.
T-THREATS
Some dealers are available at present which were not reputed / efficient.
Price fluctuation and price war which is a general phenomenon in this cement
industry.
5. Some focus should also be made for the advertisement and brand
promotions for the product mainly in the new developing sites and
area.
6. Promotional activities should be more, because it helps to push the
product and recall the product.
7. Dealers meetings may be play crucial role to increase the sales
because whatever dealer want, can sales. He can also convince the
customer to purchase the particular product.
8. The price is the major concern: If price can be lowered by
compromising on some minor unnoticeable quality difference then the
company should go ahead with it.
9. Occasional schemes would help to achieve higher sales.
10-Availability and quality should be good for good sell and make a good
relationship with customer.
LIMITATIONS OF RESEARCH
Though a successful survey was conducted there were still certain limitations
to the study. Below are some of the limitations of the research conducted:-
o The sample size was small; interview with more number of specifies could have
given a better picture on the overall acceptability of cement among them.
o Time frame was also one of the major limitations of the study. Research like this
which concern with taste and preferences of human beings generally require a
patient hearing and understanding. Since the people interviewed were all busy
professional an honest hearing and understanding of the subject from them were
very rare.
o Some of the people interviewed were not that clear about their opinion.
o Since the forms were filled by the interviewer there is a fair chance of lack of
understanding on her/his part. In some cases views were not communicated
properly.
CONCLUSION
It can be concluded from the research that customer has a preference of
J.K Cement due to its quality availability and strength. Due to good
distribution network in gurgaon, J.K cement is widely used cement brand.
Several conclusions are derived:
product.
Marketing research
Business India
India Today
WEBSITES
www.google.co.in
www.jkcement.com
www.12manage.com
www.marketingguru.com
www.wikepedia.com
www.icicidirect.com
www.researchandmarkets.com