Berger Paints Bangladesh Limited Marketing Strategy

132
Report On Recruitment and Selection of Berger Paints Bangladesh Limited Group - 05 MBA Program, 2015 (16 th Batch) Supervisor Sabnam Jahan Assistant Professor Department of Management Faculty of Business Studies University of Dhaka

description

berger

Transcript of Berger Paints Bangladesh Limited Marketing Strategy

ReportOnRecruitment and Selection of BergerPaints Bangladesh LimitedGroup - 05MBA Program, 2015 (16th Batch)SupervisorSabam !ahaAssistat Pro"essor#epartmet o" Maagemet $acu%t& o" Busiess Stu'ies(iversit& o" #ha)aApri% *0, 2015+etter o" ,rasmitta%April 30,2015Sabnam JahanAssistant ProfessorDepartment of ManagementUniversity of DhaaDhaa!1000Sub-ect. Submissio o" the /eport o /ecruitmet a' Se%ectio o" Berger Paits Bag%a'esh +imite'0 Dear Ma"am,#e $onsi"er o%r self very fort%nate to have ha" the opport%nity to prepare a report %n"eryo%r val%able g%i"an$e& 'o%r tea$hings of (%man)eso%r$eManagement in*angla"eshhelpe"%s ino%r st%"y+Recruitment and Selection of Berger Paints Bangladesh Limited., -as very appropriate&.his st%"y enable" %s to gain ne- insights abo%t ho- theoreti$al no-le"ge a$/%ire" in the$lassrooms helps %s to%n"erstan"the pra$ti$al fiel"(%man)eso%r$e management inm%ltinational organi0ationse-o%l"lietoe1pressmysin$ereappre$iationan"gratit%"etoyo%forgiving%stheopport%nity to sho- o%r gaine" no-le"ge -hile preparing of this report& #e shall be gla" to ans-er any /%eries yo% may have in this matter&Sin$erely yo%rs,2222222222222222222222222222223ro%p 5)oll4 205, 211, 216, 262Department of Management University of DhaaAc)o1%e'gemetAninternshipprogramis a veryimportant an"essential means for a$/%iringpra$ti$alno-le"gebe$a%setheno-le"geof ast%"ent "oes not get f%lfille"%ntil hea$/%iresno-le"getheoreti$allyan"pra$ti$ally& At theverybeginning, 7 obvio%slye1press my"eepest thans an" appre$iation to my honorable fa$%lty Assistant Professor Sabnam Jahan,Department of Management, for giving his val%able time, g%i"elines an" a"vi$e inpreparation of my r report on )e$r%itment an" Sele$tion of *erger Paints in *angla"esh&7n this $onne$tion, 7 -o%l" lie to than Ab%l 8hair Sabbir 9Manager!Maret )esear$h an":ons%mer 7nsight;an"other e1e$%tives of *erger Paints *angla"esho- *erger Paints *D 'ustria% $iishes 57*0120202 9igh Pro'uctive 2oatigs 58*012020* >'ustria% Premiers 6**0120* Berger Marie 65*01206 Berger >%%usios 66*01205 5ther Pro'ucts o" BPB+ 6:*01* Ma-or 2ompetitors a' the 2ompa& Per"ormace68*016 2ompetitive Mar)et Positioig :0*015 Berger Mar)et Share ,re' :**016 G%oba% 2overage :5*01601 /egioa% Groups :5*01: Pro"itabi%it& Positio o" Berger Pait Bag%a'esh +imite' :6*017 Achievemet o" Berger Paits Bag%a'esh +imite' ::2hapter $our Theoretical rame!or"::600 ,heoretica% $rame1or) :72hapter $ive Mar"eting Strategy Of Berger Paints Bangladesh Limited# $ Critical $nalysis.:8501 Mar)etig Process 7050101 Mar)etig 5pportuities 7150102 Segmetatio a' ,argetig Mar)et 715010* #eve%opig Mar)etig Mi4 775010*01 Pro'uct5010*02 P%ace81-8*5010*0* Pricig5010*0*01 #i""eret Pricig approach o" Berger86-1005010*0*02 Pricig Strategies o" Berger5010*0*0* Price a'-ustmets strategies o"Berger101-1055010*0*06 2hages i Pricig1025010*06 promotio 1055010*0601 A'vertisig5010*0602 Sa%es Promotio106-11*5010*060* Pub%ic /e%atio10:5010*0606 Pub%icit&107-1085010*0605 Persoa% Se%%ig110-11*50106 Maagig Mar)etig 3""orts502 Mar)etig Strategies o" Berger50201 Segmetatio Strategies o" Berger50202 ,arget Mar)et Se%ectio Strategies5020* Positioig Strategies5020*01 Pro'uct #i""eretiatio5020*02 Service #i""eretiatio5020*0* Persoe% #i""eretiatio5020*06 >mage #i""eretiatio50206 Pricig Strategies50* Mar)et Share aa%&sis506 >mp%emetatio o" Mar)etig Strategies b& BPB+50601 Mar)et S)immig50602 Mar)et Peetratio505 2outer Strategies b& Berger2hapter si4Conclusion and Recommendations601 2oc%usio602 /ecomme'atiosReferences :hapter Cne 7ntro"%$tion of the report.heb%sinesses areever $hangingsoarethe-ayof their $hara$teristi$s& .he$hangings$enario presents %s ne- te$hni/%es an" metho"s of b%siness as -ell as their employmentstrategies& .he$oreof b%siness is tomaret the pro"%$t that -ill beattra$te"bythe$ons%mers an" also the pro"%$t -ill satisfy the $ons%merAs nee"s& (%man reso%r$e efforts arevital foranyb%sinessthatisthe$ombinationofvario%sfa$torsaffe$tingtherealmarets$enario& .he$hangingenvironment is $reatingne-iss%es that m%st be$onsi"ere"foremploying a person& 7n this "ynami$ b%siness -orl" the s$enario of b%siness aspe$t $hangesso rapi"ly that one poor "e$ision in re$r%itment an" sele$tion pro$ess $o%l" $a%se the firm tolose itsveryimportantiss%e -hi$his reso%r$es& #e have $hosento$on"%$tthest%"y in*D)3D)paints *angla"eshSC> ? >7:(C *A>3abinagar, Savar. Dm%lsion plant ! >abinagar, Savar,@& (ome "O$or . *onani, Dhaa. DPmail4 "O$orQbergerb"&$om 6& Sales offi$e . Dhaa P 3J3!D *iBoynagar 8arail:hittagong ! L3J3, :hattes-ari roa"SylhetP ( R 32, *lo$ P A, ShahBalalUpashahar'.2 4ision and Mission of Berger as a 5rou+#.he vision an" mission of *erger Paints *angla"esh o-!a!"ays re$r%itment in government agen$ies has be$ome $omp%lsory thro%gh employment e1$hange&"& 3mp%o&met Agecies - .here are $ertain professional organi0ations -hi$h loo to-ar"s re$r%itment an" employment of people, i&e& these private agen$ies r%n by private in"ivi"%als s%pply re/%ire" manpo-er to nee"y $on$erns&e& 3'ucatioa% >stitutios - .here are $ertain professional 7nstit%tions -hi$h serves as an e1ternal so%r$e for re$r%iting fresh gra"%ates from these instit%tes& .his in" of re$r%itment "one thro%gh s%$h e"%$ational instit%tions, is $alle" as :amp%s )e$r%itment& .hey have spe$ial re$r%itment $ells -hi$h helps in provi"ing Bobs to fresh $an"i"ates&f& /ecomme'atios - .here are $ertain people -ho have e1perien$e in a parti$%lar area& .hey enBoy goo"-ill an" a stan" in the $ompany& .here are $ertain va$an$ies -hi$h are fille" by re$ommen"ations of s%$h people& .he biggest "ra-ba$ of this so%r$e is that the$ompany has to rely totally on s%$h people -hi$h $an later on prove to be ineffi$ient&g& +abour 2otractors - .hese are the spe$ialist people -ho s%pply manpo-er to the =a$tory or Man%fa$t%ring plants& .hro%gh these $ontra$tors, -orers are appointe" on $ontra$t basis, i&e& for a parti$%lar time perio"& Un"er $on"itions -hen these $ontra$tors leave the organi0ation, s%$h people -ho are appointe" have to also leave the $on$ern&Se%ectio ProcessDmployee Sele$tion is the pro$ess of p%tting right men on right Bob& 7t is a pro$e"%reof mat$hing organi0ational re/%irements -ith the sills an" /%alifi$ations of people&Dffe$tive sele$tion $an be "one only -hen there is effe$tive mat$hing& *y sele$tingbest $an"i"ate for the re/%ire" Bob, the organi0ation -ill get /%ality performan$e ofemployees& Moreover, organi0ation-ill fa$e less of absenteeisman"employeet%rnover problems& *y sele$ting right $an"i"ate for the re/%ire" Bob, organi0ation -illalso save time an" money& Proper s$reening of $an"i"ates taes pla$e "%ring sele$tionpro$e"%re& All the potential $an"i"ates -ho apply for the given Bob are teste"&*%t sele$tion m%st be "ifferentiate" from re$r%itment, tho%gh these are t-o phases ofemployment pro$ess& )e$r%itment is $onsi"ere" to be a positive pro$ess as itmotivates more of $an"i"ates to apply for the Bob& 7t $reates a pool of appli$ants& 7t isB%st so%r$ingof "ata& #hilesele$tionis anegativepro$ess as theinappropriate$an"i"ates are reBe$te"here& )e$r%itment pre$e"es sele$tioninstaffingpro$ess&Sele$tion involves $hoosing the best $an"i"ate -ith best abilities, sills an"no-le"ge for the re/%ire" Bob$ 7nitial s$reening intervie-2; Appli$ation blan or appli$ation form3; #ritten e1amination ? other sele$tion tests L; :omprehensive intervie-5; Me"i$al e1amination @; :he$ing the referen$es6; =inal employment "e$isionM; Pla$ement 1& !nitial screening intervie$-7t is %se" to eliminate those $an"i"ates -ho "o notmeet the minim%m eligiblity $riteria lai" "o-n by the organi0ation& .he sills, a$a"emi$an" family ba$gro%n", $ompeten$ies an" interests of the $an"i"ate are e1amine" "%ringpreliminary intervie-& Preliminary intervie-s are less formali0e" an" planne" than thefinal intervie-s& .he$an"i"atesaregivenabrief%pabo%t the$ompanyan"theBobprofileE an"it isalsoe1amine"ho-m%$hthe$an"i"ateno-sabo%t the$ompany&Preliminary intervie-s are also $alle" s$reening intervie-s&2& Application lan" or application form-.he $an"i"ates -ho $lear thepreliminary intervie- are re/%ire" to fill appli$ation blan& 7t $ontains "ata re$or" of the$an"i"ates s%$has"etailsabo%t age, /%alifi$ations, reasonfor leavingprevio%sBob,e1perien$e, et$&3& Aritte34amiatioa'othersSe%ectio,ests-Kario%s-rittentests$on"%$te""%ring sele$tion pro$e"%re are aptit%"e test, intelligen$e test, reasoning test, personalitytest, et$& .hese tests are %se" to obBe$tively assess the potential $an"i"ate& .hey sho%l"not be biase"&L& 2omprehesive >tervie1s-7t is a one to one intera$tion bet-een the intervie-er an"thepotential $an"i"ate& 7t is%se"tofin"-hetherthe$an"i"ateisbests%ite"forthere/%ire" Bob or not& *%t s%$h intervie-s $ons%me time an" money both& Moreover the$ompeten$ies of the $an"i"ate $annot be B%"ge"& S%$h intervie-s may be biase" at times&S%$h intervie-s sho%l" be $on"%$te" properly& >o "istra$tions sho%l" be there in room&.here sho%l" be an honest $omm%ni$ation bet-een $an"i"ate an" intervie-er&5& Me'ica% e4amiatio-Me"i$al testsare$on"%$te"toens%rephysi$al fitnessof thepotential employee& 7t -ill "e$rease $han$es of employee absenteeism&@& 2hec)ig the re"ereces.Past performan$e is often the best pre"i$tor of f%t%reperforman$e, the best -ay to verify an appli$antAs ba$gro%n" an" Bob s%itability is to$on"%$t a thoro%gh referen$e $he$&:0 'inal employmentdececision)Afterthe%nal inter"iew, panel mem&ersshould compare their ratings and 'udgements (and an) scoring s)stemagreed prior to the inter"iews$ amongst themsel"es. *t is prefera&le to re"iewcandidates and their performances immediatel) after the inter"iew processwhilst the information is still fresh in the minds of the panel. All discussionshould &e supported &) assessment e"idence + not 'ust personal impression.Candidates should &e rated against the agreed and speci%ed criteria and notagainst each other.70 Placement) Companies conduct recruitment and selection and %nall) selectemplo)ees. The emplo)ees undergo an induction program. After theinduction programis o"er the emplo)ee is gi"en a speci%c 'o& in thecompan). This is called placement.

:hapter4 =ive)e$r%itment an" Sele$tion of*erger Paints *angla"eshtership programee" for ne- pro"%$t "epartment7nformation sear$h.he given o%tlay -ill give a vie- abo%t the pro"%$t life $y$le4SePro"%$tname:omments Stage1oo" 8eeper(igh /%ality, l%1%rio%s pro"%$t 7ntro"%$tion stage2&)obbiala$(igh /%ality pro"%$t "esigne" for%pper level of people3ro-ing stage3&Plasti$ em%lsion, "istemper(igh /%ality pro"%$tMat%rity stageLoo" KernishD$onomy pro"%$t De$line stagePlastic emulsion,ood"ernis-osses+in"estment(s$DeclineMaturit) .rowthintroductionProduct De"elop+ mentstageSales /Pro%t(s$TimePro%tSales!o&&ialac,ood0eepeFigure: 'ifferent product life cycle of !"!#$,.%.'.& PL$C9#Another maBor $omponent of mareting mi1 is pla$e& D%ring my internship at *D)3D) 7 -as able to in$l%"e inventory, transportation, $overage, $hannel, logisti$s an" maret an" maret segments et$& %n"er these mareting mi1 $omponents&'ifferentiated mar%et segment:*ergerAs maret segments are "ifferentiate"& .hey %se "ifferent types of mareting mi1 for "ifferent segments& .heir pro"%$t /%ality, a"vertisement, promotional te$hni/%es, pri$e are high for %pper $lass $%stomers& Again for the people of mi""le $lass on the basis of their in$ome, o$$%pation, taste, lifestyle "ifferent mareting poli$ies are applie"& #e $an observe this "eviation in .K a"vertisement&)nventory:*D)3D) has "ivi"e" their pro"%$ts in A,*,: $ategory& =or inventorying their pro"%$ts *D)3D) is follo-ing some storing norms& Depen"ing on this storing norms $ompany "e$i"es ho- long -ill their pro"%$t stay in the maret in a$$or"an$e -ith the e1isting sales tren" of that parti$%lar pro"%$t& .his is ho- the firm $an "etermine -hen to or"er an" ho- m%$h to or"er&/ransportation:.o ens%re $%stomer satisfa$tion *D)3D) %ses mo"ern an" fastest going $overe" vanas transportation$arrier -hile moving goo"s from "epots to "ealers& *%t -hen they move goo"s from fa$tory to "epots they %ses p%bli$ transportation $arriers s%$h as tr%$ an" rail-ay as rental basis&:overage4 .here are t-o fa$tories of *D)3D)E one issit%ate" in SAKA), Dhaa an" another is lo$ate"in 8al%rghat heavyin"%strial area& .here areseven"epotsor salesoffi$elo$ate"inDhaa,)aBshahi, *ogra, 8h%lna, :omilla, Sylhet, an":hittagong& .he pro"%$ts are "elivere" fromthese"epotsto"ire$t"ealersiththehelpofthe"ealerstheymarete"thepro"%$ts$o%ntry-i"e& .he n%mber of "ealers that *D)3D) hasis appro1imately 650& Among them L00 "ealersin Dhaa, 150 in :hittagong, L5 in )aBshahi, 30in *ogra, 55 in 8h%lna na" rest are in "ifferentlo$alities&*D)3D) sells its pro"%$ts to $ons%mers thro%gh "ire$t "ealers& .he firm has no "ealing -ith -holesalers, retailers or Bobbers& .he "ealers $an -holesale or retail the pro"%$t& .he total pro$ess is sho-n on the follo-ing $hart4 =ee"ba$Pro"%$t=ee"ba$ =ee"ba$ Pro"%$t=ee"ba$ig# 8istribution Process.!34534(s hybrid mar%eting system:'irect channelBergerCustomerCustomer,holesale!etailDepotsDirectDealerCustomer DirectdealerBergerCustomer 7n"ire$t :hannel,.%.'.'Pricing .Pri$e, the important fa$tor for b%ying any pro"%$t, is the amo%nt of money $harge" for a pro"%$t or servi$e& 7t is one of the important elements of mareting pro$ess& *erger follo-s "ynami$ pri$ing& .hey $harge "ifferent pri$es "epen"ing on in"ivi"%al $%stomers an" sit%ations an" it is fle1ible& *erger serve the people of *angla"esh, high /%ality pro"%$ts -ith high pri$e & .hey "onAt $onsi"er all levels of peoples& Say, if the $ompetitors maret a pro"%$t in lo- pri$e, *erger "i"nAt maret the same pro"%$t in same pri$e be$a%se ens%res the /%ality an" $onsi"ers average gro-th an" reso%r$es& *efore setting pri$e of the pro"%$t *erger $onsi"er vario%s types of fa$tors -hi$h affe$ts the pri$e& .hese are4 7nternal fa$tors, D1ternal fa$tors&Un"er >tera% "actors*erger $onsi"ers the follo-ing fa$ts4/he price affect by short 0 long term mar%eting objectives : *erger targets the share position of the pro"%$t in the maret& An" also target the ret%rn of highest long r%n profit& Cne of the important fa$tors is in ne- segment *erger target to la%n$he" ne- pro"%$ts in ne- segment -ith ne- feat%res& $or e4amp%e. *erger "oesnAt al-ays maret ne- pro"%$ts be$a%se if they la%n$he" ne- pro"%$ts be$a%se there is a possibility to be $opie" by the $ompetitors then e1pense -ill higher than reven%e& *erger is offering high /%ality pro"%$t for mi""le to higher $lass peopleso they "oesnAt set the pri$e in $ompetitorAs level be$a%se of "%rability , reliability ? /%ality & $or e4amp%e. *erger l%1%ry sil em%lsion et$&=or several types of pro"%$ts *erger target to ma1imi0e $%rrent profit& =or those pro"%$ts -hi$h have highest "eman" in the maret &$or e4amp%e . -oo" eeper a $ommer$ial pro"%$t 7f the pro"%$t is e1iste" in the maret then *erger try to a"" ne- feat%res an" maret that pro"%$t in ne- segment& D1tra feat%re in$rease the $ost an" also vary the segmentation& .heir long term obBe$tive affe$t pri$ing lie for s%rvival in the maret they sometime set pri$es at $ompetitorsA level b%t not all types of pro"%$t&/he design and distribution affect the price of the product: Pri$e also "epen"s on "esign an" performan$e an" *erger al-ays offer a ne- pro"%$t -ith "ifferent performan$e this a"" $%stomer val%e& $or e4amp%e. -ith 1 $an ho- m%$h spa$e a $%stomer $an paint an" the "%rability of $olor& *ase on bran"ing *erger also la%n$he" ne- or mo"ifie" pro"%$t in a ne- $ategory& $or e4amp%e. .he :olor ban pro"%$t is for higher level $%stomer of the so$iety& #ho are al-ays -ante" to get something e1$eptionalV An" )obbiola$ s%per gloss enamel is for those -ho -ant better /%ality -ith "%rability& *erger also target to in$rease the "istrib%tion net& 7t also in$reases the sales of pro"%$ts an" in$rease the "istrib%tion $ost& .o meet %p $%stomer $onsi"eration *erger pro"%$e pro"%$t for $ommer$ial %se& =or e1ample4 the $%stomer of -oo" eeper %ses this paint for $ommer$ial p%rpose& 7f the "%rability of this pro"%$t is 5 years %s%ally it -ill in$rease the pro"%$t $ost then "eman" -ill "e$rease& 7t -ill be perfe$t for them -hen the "%rability -ill 1 year -ith goo" /%ality& !erger considers all types of Cost of products: *erger $hose a pri$e that both $overs all its $osts for pro"%$ing, "istrib%ting, selling an" rate)et%rn& After "etermining prime $ost an" a""ing overhea" the $ompany "etermine the Pro"%$tion $ost& =i1e" -ill hamper if the "eman" of the pro"%$t -ill "e$rease& 7t -ill have negative impa$t in pri$ing& :ompany management al-ays -ant average sales oftheir pro"%$t be$a%se a $ompany m%st pay ea$h monthAs e1e$%tive salary, bills, heat rent et$&Un"er 34tera% "actorsthere are *erBer $onsi"ers the follo-ing fa$ts4 /he mar%et 0 demand of product affects the pricing :*erger fa$es oligopolisti$ $ompetitionE there are fe- $ompanies -ho are sensitive to ea$h otherAs pri$ing an" mareting strategies& *erger serving large n%mber of b%yers an" it is "iffi$%lt for a ne- sellers to enter into the maret &*erger o$$%py 50I maret from 100I in Dhaa an" other 50I from other "istri$t& .here is no $han$e of p%re monopoly& Customer perception of price 0 value :#e no- the main target of *erger is to serve high /%ality pro"%$t b%t not in $ompetitive pri$e& :%stomer al-ays -ants to get something e1traor"inary& 7f pri$e is little bit higher b%t the pro"%$t performe" as $ons%mer test then $ons%mer are rea"y for e1tra pay& After analy0ing the e$onomi$ $on"ition of people, their earningso%r$e i&e& After maret analy0e $ompany analy0e ho- m%$h val%e $%stomer pla$e on the benefits they re$eive from the pro"%$t an" setting a pri$e that fits this val%e & Other e6ternal factors :Politi$al $on"ition, e$onomi$ $on"itions of $o%ntry also have a strong impa$t on the pri$ing& An" *erger also $onsi"ers the reseller of their pro"%$t & 3ives them a fair profit, $ommission ? en$o%rage their s%pport&=or "ifferent types of pro"%$t *erger %se "ifferent types of pri$ing approa$h& ;G MA/B3,>;G 3$$5/,S..o "esign the mareting mi1 an" p%t them into a$tion *erger "evelops relationshipbet-een the fo%r mareting management f%n$tions P analysis, planning,implementation an" $ontrol&After analy0ing the maret in the light of the mareting environment,opport%nities,threat,strengthen an" -eaness, *D)3D) "evelops overall strategiesan"obBe$tives for ea$hpro"%$t or bran"& .heseplanninginvolve$%rrent maretsit%ation, threat an"opport%nityanalysis, obBe$tivesan"iss%es, maretingstrategya$tion program, b%"get et$ that may vary from bran" to bran"& .hro%ghimplementation, the $ompany t%rns the plans into a$tion& :ontrol $onsists of meas%ringan" eval%ating the res%lts of mareting a$tivities an" taing $orre$tive a$tion -herenee"e"& S