Professional Documents
Culture Documents
ON
“LEAD GENERATION”
AT VITAGE SYSTEMS PVT LTD
I do here by declare that this long term project work titled “LEAD GENERATION AT
VITAGE SYSTEMS PRIVATE LTD, BANGALORE” is a an work done by me
under the supervision of Prof. NANDINI VAIDYANATHAN of M.P.BIRLA
INSTITUTE OF MANAGEMENT, BANGALORE and submitted to the Bangalore
University for the award of the degree of M.B.A. for the year 2005-2007.
This project has not been submitted else where for the award of any Degree (or) Diploma
either in part or full in any University/ Institution collected by us during our assignment
at the VITAGE SYSTEMS PRIVATE LTD, Richmond circle, Wellington Street,
BANGALORE.
The project report is the result of sincere effort put in by me, wherein I endeavor to come
up with the best possible result.
Place: BANGALORE
Date: SUNIL.H.V.
We would like to take this opportunity to express our sincere gratitude towards Mr. AJAY
BADRINATH Head-Marketing & Communication of VITAGE SYSTEM PVT LTD
who extended his immense help and support to complete this project
We also express our gratitude to our family and friends whose constant support
contributed to the success of this project.
In any market driven economy, supplying customers with what they want, when they
want it, is the bare minimum required of any serious business. But as product
development, diversity and accessibility beyond all predictions, and as the business world
has become increasingly competitive, delivering that promise has taken on a more
challenging reality.
In today’s global market, competitive advantage is gained by offering customers
flexibility, supplying products and services 24 hours a day, 365 days a year, cutting
production lead times and call response times to a minimum, offering customized
solutions, securing global standards of consistency. Profitability has to be reinforced by
cost management, minimizing capital held in warehouse, eliminating wastage through
obsolete stock, maximizing economies of scales through global sourcing and supply.
For the world’s highest performing and successful companies, lead management and
generation of leads for their particular products has become a critical success factor. The
innovative, the pioneers of new industries, as well as established market leaders are all
focusing on this factor in their path to success. It is a management challenge of how to
achieve increased flexibility on the one hand, and to maintain and build on profitability
on the other.
Thus the project help the Vitage systems pvt ltd to modify the existing sales and service
process and it helps to concentrate on the prices of the various products according to the
market condition and to target the niche customer with the niche market.
Title Page No
1. Introduction 5
5. Methodology 52-55
8. Suggestions 71-73
9. Major Findings 74
11. Bibliography 78
12. Annexure 79
In any market driven economy, supplying customers with what they want, when they
want it, is the bare minimum required of any serious business. But as product
development, diversity and accessibility beyond all predictions, and as the business world
has become increasingly competitive, delivering that promise has taken on a more
challenging reality.
For the world’s highest performing and successful companies, lead management and
generation of leads for their particular products has become a critical success factor. The
innovative, the pioneers of new industries, as well as established market leaders are all
focusing on this factor in their path to success. It is a management challenge of how to
achieve increased flexibility on the one hand, and to maintain and build on profitability
on the other.
¾ Branding
¾ Public relations
¾ Website
¾ Events
¾ Phone calls
¾ E-mail
¾ Online marketing
¾ Direct mail
¾ Referrals
Mapping out our sales process can ensure conformity with the customer’s buying
process, driven by a clear understanding of needs and the impact of those needs and the
impact of those needs on both that company and its customers. Inevitably, every potential
customer has a different buying process.
If everyone involved in the lead generation program it is better to understand your
prospect’s buying process. This can be viewed from the prospective of the modalities it
employs at each buying step. Using figure-1, illustrated on the next page, to develop the
correlation in specific instances between steps in the buying process and the sales effort
together with tactics that might work at each stage. The key business issues for each
individual in the buying process must be understood and addressed. Consistency is
critical.
Each touch, or contact, should add value through its ongoing relevance to the targeted
individual, and consistency extends to the style of delivery of the message. Because the
sales team is responsible for much of the customer’s perception of the company,
concerted care must go into developing the ongoing, relevant communication the sales
team will employ in its relationship-building efforts with customers.
All companies go through steps of one kind or another in their buying process. We can’t
force them to skip steps, but we can help with lead nurturing by installing regular and
meaningful communication that aids their progress
Below is a model for thinking through how to generate sales leads. However, it sets out
the general principles that should be considered. This particular model was used by many
of the clients those had an annual turnover of over 100-million Euro million.
The model is split into two halves and attempts to do a number of things. Like.
It explains the process a contact would need to go through from a “cold call” to a
“buying customer”.
It compares this “Proactive” activity with the “Reactive” activity whereby
customers come to you via advertising etc like Yellow pages.
By comparing this proactive activity and reactive activity it gives you an idea of
the relatively high number of “suspects” needed in order to generate a handful of
“buying customers”
Buying customer
1 (has bought within defined period) 3
Working Prospect
3 (firm proposal on the table - awaiting decision) 7
Prospect
4 (needs and wants to be understood) 10
Suspects
We think they could use our services/products
Left Right
START
Lead Management is a term used to describe the methodologies and systems to manage
customer prospects and inquiries, generally generated by a variety of marketing
techniques.
Lead Management can be considered the connectivity between advertising and customer
relationship management. This critical connectivity facilitates the acquisition of
customers, and has also been referred to accurately as Customer acquisition management.
Lead management has the role of watching and directing the conversion of sales leads
into customers. Figure-2, shows how the well-organized lead Management program
should look.
Explanation:
According to figure-2, the “funnels” representing marketing and sales functions
illustrate the Lead Management process and its components, together with their
interaction. The success of the marketing funnel directly impacts that of the sales funnel.
9 Advertising
9 Customer inquiry or response
9 Inquiry captured
9 Inquiry filtered
9 Lead graded and prioritized
9 Lead distribution
9 Sales contact
9 Lead nurturing or retention
9 Sales result
• Mortgage Lead Generation: upon reaching the Website, you surf around a
bit and read some information about buying a house and going through the
mortgage process. This convinces you to give it a shot. You click on, and
submit an inquiry form and proceed to fill out a web form that includes you,
such as: name, address, telephone number, and the amount of the home you
dream of buying.
The proliferation of information technology in organizations and the wide web of local
area networks, intranet and Internet have changed the way business could be conducted in
future. Organizations have started using these technologies not only for automating their
operations/activities but also have been using information technology (IT) for harnessing
competitive advantage. Keeping these developments into consideration, Information
Technology & Systems Group has been offering.
India a nation of over one billion people, has long been working toward a strategy of
development. Plagued by problems of poverty, overcrowding, and poor healthcare, the
country has a per capita income just one-tenth of countries in the Organization of
Economic Cooperation and Development (OECD). Amidst this seemingly dismal
situation, however, a glimmer of hope has emerged in the last decade a new industry that,
some say, will transform India into a global superpower. This industry, known as
Information Technology or more commonly as IT, has given birth to the skyscrapers now
anchoring the skylines in city like Bangalore. IT has exploded in India, becoming one of
the largest sectors of the Indian economy. IT output, once estimated at $50 million in
1990-1991, is projected to reach $50 billion by 2008 if the American economy returns to
its past levels. These figures are dependent upon America’s economy because the main
source of India’s budding prosperity is the outsourcing of jobs in information technology
from the United States to India. Outsourcing and off shoring are synonyms that refer to
the substitution of foreign for domestic labor.
Companies in the off shoring country benefit because of lower labor costs and companies
in the destination country benefit from the economic boom caused by new industries.
Because outsourcing holds the opportunity to advance goals of development through
economic growth, India has aggressively pursued policies to encourage the IT industry.
Which has occurred in India would have been nearly impossible without involvement
from national institutions. Lacking promotion from the Indian government, the IT
industry could not have grabbed a foothold in India. If India’s example can be replicated,
other developing countries facing similar conditions may be able to copy the Indian
government’s initiatives to promote their own development goals.
Indian government has identified and tried to harness the resources in three segments to
encourage the industry: an integrated science and technology bureaucracy to coordinate
government administration; software technology parks to encourage cooperation between
government, business, and universities; and a set of policies that exploit connections with
the successful Indian diaspora. By incorporating these three strategies into national
policy, India has been able to reap the economic benefits of the IT industry.
In Information technology (IT), India has built up valuable brand equity in the global
markets. In IT-enabled services (ITES), India has emerged as the most preferred
destination for business process outsourcing (BPO), a key driver of growth for the
Software industry and the services sector.
India's most prized resource in today's knowledge economy is its readily available
technical work force. India has the second largest English-speaking scientific
Professionals in the world, second only to the U.S.
According the data from ministry of communication and information technology, the
ITES-BPO industry has grown by about 54 per cent with export earnings of US$ 3.6
billion during 2003-04. Output of the Indian electronics and IT industry is estimated
to have grown by 18.2 per cent to Rs. 1, 14,650 crores in 2003-04.
All the sub-sectors of the non-software component of electronic and IT industry grew at
over 8 per cent in 2003-04, but this was far below the rate of growth of software services.
Overall, after declining precipitously from 61.4 per cent in 1998-99 to 40.9 percent in
2001-02, the share of hardware in this important industry declined only marginally to
38.2 percent in the two subsequent years.
Export markets continue to dominate the domestic segment. The size of the domestic
market in software relative to the export markets for Indian software, which was 45.2
percent in 1998- 99, after declining rapidly to 29.8 percent in 2001-02, fell only to 29.1
percent and 27.7 per cent in the two subsequent years.
The annual growth rate of India's software exports has been consistently over 50 percent
since 1991. No other Indian industry has performed so well against the global
competition.
The IT-enabled service industry in India began to evolve in the early nineties when
companies such as American Express, British Airways, GE and Swissair set up there
Offshore operations in India.
Today a large number of foreign affiliates operate IT-enabled services in India. The
different service lines of IT enabled services off shored to India include customer care,
finance, human resources, billing and payment services, administration and content
development
In order to broaden the Internet base, the Department OF Information technology has also
announced a Programme to establish State Wide Area Network (SWAN) up to the block
level to provide connectivity for e-governance. The Department has also set up
Community Information Centers (CICs) in hilly, far-flung areas of the Northeast and
Jammu and Kashmir to facilitate the spread of benefit of information and communication
technology. It is also proposed to set up CICs in other hilly, far-flung areas of the country
Like Uttaranchal, Andaman & Nicobar and Lakshwadeep.
A number of steps have been taken to meet the challenge of zero duty regime in 2005
under the Information Technology Agreement (ITA-1). Tariffs on raw materials, parts,
other inputs and capital goods have been rationalized to make domestic manufacturing
Viable and competitive.
In order to broaden the Internet base, the Department OF Information technology has also
announced a programme to establish State Wide Area Network (SWAN) up to the block
level to provide connectivity for e-governance. The Department has also set up
A number of steps have been taken to meet the challenge of zero duty regime in 2005
under the Information Technology Agreement (ITA-1). Tariffs on raw materials, parts,
other inputs and capital goods have been rationalized to make domestic manufacturing
viable and competitive.
In information technology (IT), India has built up valuable brand equity in the global
markets. In IT-enabled services (ITES), India has emerged as the most preferred
destination for business process outsourcing (BPO), a key driver of growth for the
software industry and the services sector.
The share of hardware and non-software services in the IT sector has declined
consistently every year in the recent past. The share of software services in electronics
and IT sector has gone up from 38.7 per cent in 1998-99 to 61.8 percent in 2003-04.
However, there has been some welcome acceleration in the hardware sector with a sharp
deceleration in the rate of decline of hardware's share in electronics and IT industry.
Output of computers in value terms, for example, increased by 36.0, 19.7 and 57.6 per
cent in 2000-01, 2002-03, and 2003-04, respectively.
A number of steps have been taken to meet the challenge of zero duty regimes in 2005
under the Information Technology Agreement (ITA-1). Tariffs on raw materials, parts,
other inputs and capital goods have been rationalized to make domestic manufacturing
viable and competitive.
Current trends indicate that while there is a growing interest in off shoring, with over 80
percent of US companies having deliberated on its benefits during 2004, a large number
of organizations are still not geared up in terms of processes or systems to manage multi-
source delivery (involving a mix if onsite, offshore and third party solutions).
In the future however, owing to pressure on their bottom lines, the need to cut costs and
improve efficiency levels, companies are likely to consider off shoring as a viable
business strategy. In sectors under bottom line pressure, such as airlines, companies can
generate revenues and better utilize capital through off shoring and realize an increase in
earnings to the tune of 30 percent.
At a global level, the offshore IT and BPO industries are being defined by the following
trends:
• The addressable global market for offshore IT is around US$ 150-180 billion.
• In the years to come, the more traditional IT outsourcing service lines such as
hardware and software maintenance, network administration and help desk
services will account for 45 percent of the total addressable market for off
shoring.
Effective global business planning starts with accurate intelligence on technology trends,
user requirements, spending, market forecast, market shares and competitive strategies.
IDC India was formed 40 years back with a vision to quickly identify the best growth
opportunities in the IT market place and formulate winning strategies for the Hardware
vendors. The Hardware Research Division of IDC India is used by more than 90% of
today's Hardware vendors. Having tracked the market for so many years, no one else has
a better understanding of the hardware market than IDC India. The research done by the
division provides forecast of each technology market, which is used by the vendor
communities for strategic and tactical planning.
IDC India Hardware Research Group approaches its market research and consultancy
practice from a both bottom-up as well as the top-down approach. The data is collected
with the help extensive channel surveys and is validated at various levels. The group's
insight into the industry is based on deep and varied interactions, on a consistent basis,
between the experienced analysts and the stakeholders of the Indian hardware industry
backed by regular feedbacks and directions from the regional and global IDC India
China, whose software exports will likely not threaten India for at least another few
years, is already seen to be much ahead of India in hardware. This market reality
prompted India's hardware manufacturers' industry group, the Manufacturers' Association
for Information Technology (MAIT), to study the state of the IT industry in the two
countries.
India did not fare well in the study, for several reasons. According to the Information
Technology Agreement-I of the World Trade Organization, India will roll back duties on
imported IT products starting in 2003. This development, combined with the imminent
influx of Chinese IT products, could kill an already-anemic hardware industry in India,
MAIT said.
Not everyone buys this argument, though. "This thing about [India] not being able to
meet the Chinese threat is only a myth,'' said Vinay Deshpande, chairman of MAIT.
Manish Agarwal, director of marketing at hardware manufacturer Vintron Informatics,
concurred. "I do not see any Chinese threat in core IT products such as the PC," he said.
But Agarwal said Chinese imports could hurt in the area of consumables and peripherals
such as keyboards and mouse.
A number of reports suggest that while no single major player has expressed interest in
the hardware facilities investment, nearly 17 joint-venture proposals in computer
hardware have been ignored for more than a year, because no policies exist to shepherd
them to completion. These 17 proposals resulted from a two-year investment push by
organizations in India, and include expansions and upgrades of existing manufacturing
plants. Since the government has not acted on these proposals, and with a zero-duties
policy only two years away, it is unlikely that joint-venture partners from overseas will
still express any interest in India.
Separate studies carried out by two global IT companies point out that while the quality
of the products made in their Indian plants was as good if not better than those
manufactured in their other plants worldwide, the cost of production was vastly cheaper.
At the same time, the studies pointed out that the speed of doing business in India was
much slower than elsewhere, pretty much negating any cost benefits of working in the
subcontinent.
The government has done virtually nothing to boost India's hardware industry, while it
has taken great pains to promote software exports. What was expected to be an epoch-
making meeting of India's National Advisory Committee on Information Technology
earlier this month has been rescheduled for August. Still, the hardware industry has made
a nominal gain: For the first time, MAIT has been invited to attend the event.
Hardware manufacturers hope that recommendations made by a National Task Force for
Information Technology (for both software and hardware) in late 1998 will be addressed
at the August meeting. That study group acted on all 108 recommendations made to
Further, a special-interest group on hardware, formed to find ways to make the country a
global player, concluded that India must follow the example of China and Malaysia and
aggressively market itself as a manufacturing destination. This group noted that India's $3
billion hardware industry is actually worth just $1 billion; the remaining $2 billion
consists of imported and resold components. Unsurprisingly, the group characterized this
$1 billion as a nearly negligible figure.
Likewise, the IT ministry's market estimates have also been completely off course. The
special-interest group valued the hardware industry (including consumer electronics,
computer hardware and telecom equipment) at $8.63 billion, well below the government's
projected $13.67 billion for the year.
Other reasons for India's poor hardware showing include a PC-centric view of
information technology, which eliminates possibilities for manufacturing other types of
products. Also, there is little encouragement for local design or innovation. "It is the need
of the hour that our government come forward with generous grants for research and
development for proactively developing new products," the MAIT report said.
Government aid seems unlikely in the short term, though. Observers in India point to the
fate of the Simputer, a sub-$200 handheld computer developed specifically for India's
domestic market and designed to sell at affordable pricing levels by researchers at the
Ironically, the same ministry has signed an agreement with the Massachusetts Institute of
Technology to set up Media Lab Asia, which is expected to roll out innovative products
that meet the socioeconomic needs of countries such as India. The government
announced an initial capital investment of $12 million and has promised to put in another
$200 million.
If the government spent a hundredth of this amount in promoting the Simputer, sources
said, India's hardware design could have gotten a needed boost toward long-term success.
* Winning sales organizations are twice as likely to have a process for knowing when to
stop investing in a large deal; 29 percent of winning sales organizations have such a
Process, compared with 15 percent overall.
Vitage Systems, Systems Integration Company, draws upon our in-depth domain
knowledge of contemporary technologies & offers best of the breed Products & Solutions
in partnership with some of the leading vendors in IT industry.
At the foundation of business practices at Vitage is a set of five core values, which are
integral to the operations. To be knowledge driven is one such value that is central to all
others. It is the knowledge of IT Infrastructure - their Infrastructure Intelligence - that
reflects their commitment to customers.
The Business Practices of Vitage are broadly devised into two categories:
Vitage System
Private Limited
Corporate Sales
Vitage happens to be sales organization which provides IT related end to end solutions
for all the IT infrastructure companies. Hence it majority devised itself into Business
Architecture and Sales Architecture
The business architecture forms a significantly better basis for subsequent architectures
than the separate statements themselves. The business architecture gives direction to
organizational aspects, such as the organizational structuring (in which the
responsibilities of the business domains are assigned to individuals/business units in the
organization chart or where a new organization chart is drawn) and the administrative
organization (describing for instance the financial reconciliation mechanisms between
business domains).
Assigning the various business domains to their owners (managers) also helps the further
development of other architectures, because now the managers of these domains can be
involved with a specific assigned responsibility. This led to increased involvement of top-
level management, being domain-owners and well aware of their role. Detailed portions
of business domains can be developed based on the effort and support of the domain-
owners involved. Business architecture therefore is a very helpful pre-structuring device
The perspectives for subsequent design next to organization are more common:
information architecture, technical architecture, process architecture. The various parts
(functions, concepts and processes) of the business architecture act as a compulsory
starting point for the different subsequent architectures. It pre-structures other
architectures. Business architecture models shed light on the scantly elaborated
relationships between business strategy and business design
Corporate Sales
Corporate
Procurement
Logistics
Specific steps, or stages, in sales processes vary from company to company but generally
include the following steps:
1. Sales lead
2. Qualified prospect
3. Need identification
4. Proposal
5. Closing
6. Deal Transaction
From a seller's point of view, a sales process mediates risk by stage-gating deals based on
collection of information or execution of procedures that gate movement to the next step.
This controls seller resource expenditure on non-performing deals. Ideally this also
prevents buyers from purchasing products they don't need though such a benefit requires
ethical intentions by the seller. Because of the uncertainty of this assurance, buyers often
have a buying or purchasing process.
Sales processes are generally more common for companies that either have large revenue
risks that require systematic assurance of revenue generation and/or those that choose to
use a more consultative sales approach (e.g. Saturn, IBM, and Hewlett-Packard).
Strictly speaking, even an effective ad hoc or retail sales process can be described by
steps of an ideal sales process though some of the steps may be executed quickly. Often a
bad sales experience can be analyzed and shown to have skipped key steps. This is where
SALES
Marketing
Emerging Marketing
Large Enterprise
Groups
Product Focus
Technical
IT Infrastructure Layout
Internet
Modem
Router
Firewall
P D
F
R A APPL
Switches Servers I
I T ACA
N L
A TION
T E
BASE
SWITCHES
Products
• Structured Cabling
• Switches and Routers
• Security appliances
Solutions
• Enterprise Networking
• Campus Networking
• Data Centre Networking
• Wireless Networking
• Bandwidth Management
• VOIP
• Firewall
• IDS
• VPN
• Virus and Internet content Protection
Enterprise Systems
Enterprise Servers and associated software are at the core of the IT infrastructure
on which the enterprise runs its applications.
To deliver maximum output, all components of this core infrastructure - hardware
and software - must be appropriately sized, fine tuned for performance and based on
established technologies.
The Enterprise Systems Group at Vitage, through its experience, coupled with
technically certified resources and alliances with global leaders offers a wide range
product and solutions for your core IT infrastructure needs of the enterprise such as:
Solutions
• Enterprise Systems Integration
• Server Consolidation
• Workflow and Messaging Solutions
Enterprise Storage
Scalable, flexible & resilient data storage solutions are gaining increasing
importance with the growing computing environments of the enterprise. The need to
store, protect and manage the massive data generated by an enterprise is driven by both
business requirements as well as to meet compliance guidelines.
The Enterprise Storage Group at Vitage specializes in building robust and
scalable storage solutions based on products and solutions from some of the leading
storage companies such as:
Products
• Internal Storage and DAS
• Storage Management Software
• Solutions
Personal Computing
The personal computer is both an independent computing tool as well as an access
device for an enterprise network and takes various forms depending on the user's need.
For certain specific applications like design and animation PC takes the form of a high
performance workstation while for computing on the move a notebook is more
appropriate.
The Personal Computing Group at Vitage offers a range of products and solutions
from leading Vendors for your personal computing needs:
Products
• Graphic Workstations
• Desktop Computers
• Notebook Computers
• Handheld Computers
• Personal Networking Products
• PC operating Systems - Windows, Linux
• Personal Productivity Software
Solutions
• PC Security Solutions - Antivirus, Firewall
• Personal Storage Solutions
IT Infrastructure Consulting
Today's dynamic IT infrastructure environment is characterized by the continuous
development of new products and solutions, obsolescence of the existing ones and a
complex stack of multi platform technologies. Given this, it becomes increasingly
difficult for an enterprise to make informed decisions on its IT Infrastructure.
Our in depth knowledge of multi platform systems and applications make us preferred
choice of Enterprises to outsource their Infrastructure management needs. Our suite of
Managed IT services are delivered through flexible service delivery models, that include
Onsite, Remote or a Hybrid service delivery model. This allows our clients the flexibility
to choose the model that best suits their business requirements and also allows us to
suggest the model that will deliver the best value to our clients. The Managed IT suite of
services offered by Vitage includes:
IT Support Services
IT Support Services are targeted at enterprises that rely on external service providers for
ongoing support of the various building blocks of the IT infrastructure – networking
components, Servers, Desktops, Storage Devices etc. This service will ensure the smooth
functioning of the IT infrastructure, irrespective of who has delivered and implemented
the infrastructure.
Our Application Management Services allows companies the flexibility to outsource the
operational management and support of the Application either through onsite or remote
management, without compromising on the security and control of the IT environment.
Our services also provides you with proactive management of the Application through
application specific monitoring tools and a customized support process that will ensures
that your applications are available for all your critical business requirements.
• To enhance upon the largest portfolio of business in Vitage. The volume product
lines contribute more than three quarters of our business today and our strength
has been our knowledge in this domain of business.
• To focus on the huge market space in the country –about 35000 crores is the
potential for the volume products alone! -Courtesy IDC.
• To structure the setup in order to assist the need of the business today
viz a vie Speed, Price, Delivery and fast response.
• To cater to the demands of business in the most efficient manner.
• To address the growing needs of the price conscious customer in an ever
increasing competitive market.
Market Approach provides marketing solutions and services for small to medium sized
companies. In today's competitive market place, products and services have to be
positioned correctly and given the necessary market exposure to have a true advantage.
We'll provide your company with a strong marketing presence. Is your company unable
to afford a full time marketing department? Market Approach will provide full time
results for a fraction of the costs.
Market Approach is also the solution for larger companies who are interested in
contracting out portions of their marketing needs. We are ready to bid on additional work
your company may not currently have the bandwidth to complete.
MANTRA TO SUCCESS
MKTNG SALES
HR PRODUCT
OPERATIONS BXEUCUTION
• Team Targets
• Team Incentives
• Execution
• Teamwork
• Be achievers!
A change in the lifestyle of consumer and increase in competition generate issues like
customer loyalty, pricing and quality of products and services offered taking prominence.
The Lead Generation for changing business environment is the main area of
consideration in the project.
OBJECTIVES
for CRM.
• To provide information about the various products and services of our company
¾ To more clearly understand which demand generation is driving the most leads.
Data Source
PRIMARY DATA:
Survey
Interview
Direct observation
SECONDARY DATA:
Company’s Website
Company’s Data sheet
SAMPLING:
100% (100 companies) of my universe with in the geographical area allotted to me is
PEENYA INDUSTRIAL ESTATE.
CONTRIBUTION:
¾ Determined the potential of market and customers in the Peenya Industrial Estate.
¾ Provide various contacts and information regarding the customers for the
company.
• Lack of Manpower:
The existing workforce is very innovative, but at times it finds difficult to deliver
as expected because of the work overload. Hence management should take
appropriate steps in recruiting ample amount of workforce, so that each individual
can contribute towards the growth of the organization efficiently.
Threats:
• Technology Change:
There is a tremendous change in the technology and it becomes crucial for the
organization to keep itself abreast with the changes that are occurring in the market. Its
also vital to keep the customer informed about the changes that are occurring in the
technology market.
• Competitors:
Vitage is facing a major competition from existing companies that provide the same kind
of IT Infrastructure solutions to the customers. It becomes vital for vitage to leave up to
customer’s expectations and take appropriate steps to keep its reputation intact.
Not Interested
21 In one only
In two
71 In Four
INTERPRETATION: From the above graph it is interpreted that 71 companies are not
interested and they are happy with their current arrangements, 21 Companies are opting
to buy one system, 7 Companies are opting to buy two systems, and finally 1 Company
opted to buy four systems.
INFERENCE: From the above graph, It can be inferred that Maximum No. Of
Companies are not interested in buying the system and they are happy with current
arrangements.
GRAPH-NO-2
No. Of Companies
8
12
Not Intersted
In 1 Printer only
In 2 Printer only
80
INTERPRETATION: From the above graph it is interpreted that 80 Companies are not
interested and the are happy with their current arrangements, 12 Companies are opting to
buy one printer for their use, and finally 8 Companies showed interest to buy two
printers.
INFERENCE: From the above graph it can be inferred that maximum No. Of
Companies are not interested in buying the printer, because they are happy with their
arrangements.
GRAPH NO. 3
No. Of Companies
8
92
Not Interested
Interested in
atleast 1 laptop
INTERPRETATION: From the above graph it is interpreted that 92 Companies are not
at all interested in buying Laptop, and only 8 Companies showed interest to buy Laptop.
INFERENCE: Being Peenya a small scale Industrial area, the maximum No. Of
Companies have no idea to go for laptop.
GRAPH NO.4
No. Of Companies
11
yes
NO
89
INTERPRETATION: From the above graph it is interpreted that 89 Companies are not
said “NO” for to get connected to the Server and LAN connection, and 11 Companies
said “YES” for to get connected to the Server and LAN connection.
INFERENCE: It can be inferred that 89 Companies are not want to have Server and
LAN connection, because most of the companies in Peenya are small scale industries and
those companies required only single system maximum two to operate their work, so they
don’t think to get connected with LAN and server connection.
GRAPH NO.5
14 immediate
after 3 month
after 6 month
after 1 year
59 8
not interested
INTERPRETATION: From the above graph it is interpreted that 59 Companies are not
interested, 14 Companies are opting to buy after 3 months, 11 Companies are opting to
buy immediately, 8 Companies are opting to buy after 6 months, and finally 8 Companies
are opting to buy after 1 year.
INFERENCE: It can be inferred that maximum Companies are not interested to buy any
thing, being Peenya as one of the Small scale industrial area, Customers in that area are
not so potential to buy costliest products on the spot and they can’t afford much money
on the spot when they buy.
GRAPH NO.6
39
Leads generated
not generated
61
INFERENCE: It can be inferred that Maximum Companies have not given the Leads
because, one reason is Peenya is a small scale industrial area and there according to the
survey our products will not going to be used in such a extent, other is customers in that
area is not so potentially good in the matter of money and in using our products.
GRAPH NO.7
23
yes
no
77
INFERENCE: It can be inferred that maximum Companies hesitate to give the vendors
details.
GRAPH NO.8
42 yes
no
58
INFERENCE: It is inferred that 58 Company’s Email Id’s are not able to gather,
because in Peenya many industries are small scale and there is no largely use of computer
at all, so how come there will be use of E-mails and all. So finally maximum companies
don’t have their E-mails.
GRAPH NO.9
yes
45 55 no
INFERENCE: It can be inferred as maximum No. Of Visiting cards got collected i.e. 55
Companies visiting cards got collected.
GRAPH NO.10
12
10 Future Lead
Hot Lead
Potential Lead
Warm Lead
76
The implementation of the effective assembled pc’s as its own product in the market can
help a lot because many customers in Peenya industrial estate is not well known with the
branded products like pc’s and they are not interested in investing money for the costliest
branded items like pc’s of HP, LENOVO and so on. In this geographical sector the
people are very much price conscious and their potential towards buying these branded
company’s products is not sure.
¾ Decentralization of processes:
Vitage has got centralized system of processing due to which at times there is a huge
delay in execution of processes. Hence the decentralization of processes would be of
greater advantage for organization as a whole.
The organization should take necessary steps in cutting the cost of some particular
products like in pc’s because customers in my geographical area are very price conscious
about the products and much companies which are their in Peenya industrial estate are
small scale industries and the potential of the customers is not so much high in
purchasing costliest branded products and so they can’t afford much.
VSPL may consider planning and implementing the various multimodal tactics to be
successful in generating Leads for a complex sale, company can’t rely on one specific
tactic; rather, they must leverage a portfolio of tactics. An informed strategy is required
for reaching the targeted decision makers, a strategy with multimodality of tactics as key
element.
¾ Sales closed-loop-feedback incentives:
Company should provide appropriate incentives or commissions for the sales- executives
for leads what they have generated. This will increase the sales of products and lead more
profitability and revenue for the company.
The major findings in Vitage systems pvt.ltd are pointed are as follows:
The future of every sector be it IT/ITES, Manufacturing or any other sector will be
monitored and will be recorded at each step in the process. The Information Technology
is the tool by which every organization will be access and analyze information and attain
its desired goals.
This project aims at providing Leads to Vitage Systems Pvt Ltd, as well as determining
the potential of the customer and the market, and the collecting full details and
information about the customer for having customer relationship management.
This report begins with an introduction to the field of Information Technology covering
the reach of IT and a brief Concepts of Lead Generation and a company profile.
The project survey deals extensively with the current changes of the products by the
customers if they want to or if they don’t want any changes in their infrastructure, and it
also deals with how many company’s are opting for Laptops, systems, how many
company’s are interested in getting sever and LAN connection, the projects also focuses
on what type of Lead generated from the customers, How much Lead and so on.
The projects and companies main aim is to collect lot of data about the customers
because from this only the company can promote its products very efficiently and easily.
For this only we have been told a lot about collection of details of the customers by the
company apart from generating Leads.
BOOKS
WEBSITES
1) www.startwithalead.com
2) www.wikipedia.com
3) www.google.com
4) www.channeladvisornews.com