Summer Training Report( Saran Sir)Final

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    Summer Training Report

    Marketing Strategies of the

    Company Labotek

    Submitted To: Submitted By:

    Prof. K Shanti Swaroop Saran Prakash Satsangi

    BBM-5th Sem.

    077521

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    Acknowledgement

    There is always a sense of gratitude one expresses to others

    for the helpful and needy service they render during all phases oflife. I have completed this training with the help of different

    personalities. I wish to express my gratitude towards all of them.

    It gives me immense pleasure to express my deep regards

    and sincere sense of gratitude to Mr. Bharat Bhushan, general

    manager, Labotek (P) Ltd. for his support and assistance

    throughout the training. Thank you sir for your able and worthy

    guidance.

    I would also like to thank my teacher Prof. K Shanti

    Swaroop for steering my confidence and capability for giving me

    insight into training by giving me exposure to the arena of

    competitive and real world.

    Lastly I would like to thank my parents and friends for

    their constant support during the duration of my training.

    Thank You One and All

    -Saran Prakash Satsangi

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    AUTHENTICATION CERTIFICATE

    This is to certify that the work presented in this

    dissertation and titled on summer project: at Labotek.Pvt.Ltd, on the

    topic Marketing Strategies of Labotek.Pvt.Ltd. has been entirely

    carried out by SARAN PRAKASH SATSANGI under my guidance

    & is being submitted to DEI, AGRA this dissertation has not been

    submitted by him to any other university for attainment of any

    degree/diploma/pg or certificate course.

    Signature of the Project Guide

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    DECLARATION

    I, Saran Prakash Satsangi hereby declare that this project has been

    done by me and all the above information is

    true and accurate to the best of our knowledge. I also declare that

    this project has not been plagiarized as to my knowledge.

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    Contents1.Part 1 Company Profile

    Companys Profile

    Company Overview

    Market Acceptability and Its Demand

    Position in the Market

    Market Share

    Distribution Unit

    Existing Products Objectives of the Company

    Companys Credo

    List of Dealers

    Organizational Structure

    Branches

    Details

    Relevant Information

    2.Part 2 Information About Products Introduction to UPS

    Specifications for on-line UPS

    Company Products

    3.Part 3 Findings Description of Activities Research Methodology

    Data Collection Method

    Limitations

    Survey Results

    Analysis

    SWOT Analysis

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    4.Part 4 Marketing Concepts

    Marketing Environment Marketing Orientations

    Marketing Communications

    Marketing Mix

    Marketing Strategies

    5.Part 5 Conclusion Recommendations

    Questionnaire Reference

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    Part 1

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    Companys Profile

    User ID Labotek

    Name of Firm Labotek

    Kind of Business UPS-Inverters and Stabilizers Manufacturer > New Delhi

    Year

    Contact Person Topal Bakshi

    Address 1 / 6, Kirti House, Kirti Nagar Indl Area

    New Delhi - 110015

    City New Delhi

    State Delhi

    Phone 11 - 25447356, 25430067 25917555, 41426169

    Fax 25430067

    Mobile 9811033021, 9811033026

    Website Not Provided

    Products UPS

    Company Overview

    http://rajb2b.com/yellowpages/business309/UPS-Inverters-and-Stabilizers-Manufacturer.htmlhttp://rajb2b.com/yellowpages/directory/309-147/UPS-Inverters-and-Stabilizers-Manufacturer_New-Delhi.htmlhttp://rajb2b.com/yellowpages/city147/New-Delhi.htmlhttp://rajb2b.com/yellowpages/state/Delhi.htmlhttp://rajb2b.com/yellowpages/tag/UPS.htmlhttp://rajb2b.com/yellowpages/business309/UPS-Inverters-and-Stabilizers-Manufacturer.htmlhttp://rajb2b.com/yellowpages/directory/309-147/UPS-Inverters-and-Stabilizers-Manufacturer_New-Delhi.htmlhttp://rajb2b.com/yellowpages/city147/New-Delhi.htmlhttp://rajb2b.com/yellowpages/state/Delhi.htmlhttp://rajb2b.com/yellowpages/tag/UPS.html
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    Based in New Delhi, we are an Indian supplier of, Power Supply

    Systems or Units, Computer Hardware, Uninterruptible Power Supply (UPS),

    Uninterruptible Power Supplies (UPS), Power Supplies, Electrical Appliances,

    Electrical Equipment.

    The company was established in the year 1990 on 17 th August with

    the capital of Rs. 4.5 crores and with the strength of 68 employees. Labotek is

    the leading UPS Company in Delhi.

    Ranked amongst the top ten private sector companies in Delhi in

    terms of turnover, Labotek manufactures and sells a broad range of UPS.

    Laboteks wide range of UPS is much in demand in the domestic as well as

    the international market. It has its branches in about 8 cities of India with

    technical and managerial expertise offering services and consultancy to clients

    world-wide.

    Labotek has a well-equipped Research and Development Centre for

    UPS at Delhi which helps to produce quality UPS and develop new

    technologies for the industry. Besides, Labotek has its own in-house Centre

    for Engineering and Technology (CET), Management Training Institute (MTI)

    and Safety Organization at Delhi.

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    MARKET ACCEPTABILITY AND

    ITS DEMAND

    Most of the people ask for Labotek because of its features like its quality,

    easily available, reasonable price, etc.

    According to our survey the demand of Labotek stands number one in the

    market, because of its unbeatable quality, reasonable prices magnificent

    supply chain and has very coordinal relationship with the dealers. So it is

    enjoying highest reputation and leadership in the market.

    POSITION IN THE MARKET

    The position of Labotek in the market is quiet strong. In comparison to other

    companies there are many qualities in this and quality people like this.

    Labotek is holding a top position since a long time.

    It is very famous in U.P and MP. It has a very wide scope in these areas.

    According to our survey Labotek is popular in the market and almost every

    person knows about this.

    DETAILS OF THE DEPARTMENT

    MARKET SHARES

    It is having approximately 80%in the local market.

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    DISTRIBUTION UNIT

    There is only one single branch that is sole distribution branch at 1 / 6, Kirti

    House, Kirti Nagar Indl Area

    New Delhi 110015

    EXISTING PRODUCTS

    UPS

    ARD

    Stabilizers

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    Objectives of the Company

    To maximize capacity utilization.

    To optimize operational efficiency and productivity.

    To maintain highest international standard of excellence in product quality,

    cost efficiency and customer service.

    To provide steady growth in business by technological advancement,

    expansion and up gradation.

    To maintain leadership in the domestic market.

    To maximize the return on investment.

    To develop a strong R&D base and increase business developmentactivities.

    To promote result oriented organizational work ethos and work culture that

    empower employees and helps realization of individual and organizational

    goals.

    To maximize international customer satisfaction.

    To faster high standards of health, safety and environment friendly

    products.

    To participate in peripheral development of the area. Increasing sales upto 6% per year.

    Increasing profit upto 1.5 crores per year.

    Maintaining good profitable relationship with customers.

    Provide immediate services to the complaints made.

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    OUR CREDO

    We build lasting relationships with customers based on trust and mutual

    benefit.

    We uphold highest ethical standards in conduct of our business

    We create and nurture a culture that supports flexibility, learning and is

    proactive to change

    We chart a challenging career for employees with opportunities for

    advancement and rewards

    We value the opportunity and responsibility to make a meaningful

    difference in people's lives

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    List of Dealers

    Sr No TIN Dealer Name Dealer Address

    1 07460004390 HARNAM SINGH TAKHAT

    SINGH

    B-92 WHS KIRTI NAGAR , NEW

    DELHI,

    2 07370004779 NOOR MOHD FURNISHERS A 341 AMAR PURI RAM NAGAR ,

    NEW DELHI,

    3 07110014719 PREMIER TRADING CORP 3235 CHAMUKHA MANDIR

    HAUZ QAZI , DELHI,

    4 07230019309 BOMBAY AMMONIA PVT

    LTD

    9/47 INDUSTRIAL AREA KIRTI

    NAGAR , NEW DELHI,

    5 07570020965 KARTAR SINGH BROS 37, FURNITURE BLOCK KIRTI

    NGR , NEW DELHI,

    6 07820024853 FRICK INDIA LIMITED 7/15 KIRIT INDL AREA , NEW

    DELHI,

    7 07570026106 G P V BRUKS CO 3/1-A INDL AREA KIRTI

    NAGAR , NEW DELHI,

    8 07770026481 NAYYAR ENTERPRISES 1779 PRATAP STREET PAHAR

    GANJ , NEW DELHI,

    9 07960029917 A K STEEL INDUSTRIES 71 FURNITURE BLOCK KIRTI

    NAGAR , NEW DELHI,

    10 07150029926 A TRUEMAN S

    ENTERPRISES

    WZ-8/6 INDL AREA KIRTI

    NAGAR , NEW DELHI,

    11 07490029933 ADARSH SALES CORPN 50/1 WHS KIRTI NAGAR , NEW

    DELHI,

    12 07400029934 ADHUNIK VITRAK 4/21 KIRTI NAGAR , NEW DELHI,

    13 07040029938 ADVANCE ALLIANCE 2/55 WHS KIRTI NAGAR , NEWDELHI,

    14 07380029945 AGERSON ELECTRONICS

    GENEERAL IND

    10/62 KIRTI NAGAR IND AREA ,

    NEW DELHI,

    15 07810029951 AHLUWALIA SONS 36 FURNITURE BLOCK WHS

    KIRTI NAGAR , NEW DELHI,

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    Organizational Structure

    Technical

    Directors

    +

    Directors

    Finance

    Department

    Marketing

    Department

    R & D

    Department

    Production

    Department

    Purchase &

    SalesDepartment

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    Branches

    Jaipur

    Jaisalmer

    Mumbai

    Pune

    Bhopal

    Chennai

    Delhi

    Gujarat

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    Company Details

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    Relevant Information

    Product life cycle is about 15-20 years

    The storage capacity at the warehouse is of 3000 sq. units

    The company produces 1 KB UPS to 250 KB

    Rate of UPS

    1 KB Rs. 23250 ( 30 mins)

    2 KB Rs. 46500 ( 60 mins)

    Raw Material is transported from Mumbai, Pune & Chandigarh

    Offers made to customers

    Home delivery

    Discounts

    Exchange facility

    Repairing

    Provides Annual Maintenance Contract ( AMC )

    Provides after sales services

    Timely Delivery of the Order

    Online order

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    Part 2

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    Introduction to UPSUninterruptible power supplies

    Uninterruptible power supplies (UPSs) are devices that maintain the supply of

    power to a load even when the AC input power is interrupted or disturbed.

    This is typically accomplished by drawing the necessary power from a stored

    energy source, such as a battery. UPSs may also convert unregulated input

    power to voltage and frequency-filtered AC power. Thus, the UPS will

    provide stable power and minimize the effects of electric power supply

    disturbances and variations.

    UPSs are currently found in commercial, industrial, medical and residential

    markets. Applications include:

    individual computers and computer systems

    shipboard systems

    automated manufacturing

    microprocessor- and microcontroller-based equipment

    medical applications

    analytical systems

    robotics

    precision motor-speed applications

    military applications

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    mission-critical fields such as telecommunications and

    Internet nodes

    finance

    public health

    air traffic control

    transport

    Sizes of UPSs vary, from approximately 250 VA to 1000 kVA. Small UPSs

    are used for single personal computers and workstations where down time is

    tolerable but data loss must be avoided. These UPSs provide enough backup

    time for reliable equipment shutdown. Large UPSs support mission-critical

    applications where large-scale protection is essential.

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    Types of Uninterruptible Power Supplies

    The three main types of UPSs are:

    standby (offline)

    online

    line interactive

    In the following, "input power" refers to power obtained from the utility, and

    "load power" refers to power supplied by the UPS to the load.

    Offline (or standby) UPSs are the simplest and most efficient. Normally,

    power reaches loads directly from its source. During a power failure, a switch

    connects a backup battery to the load, with a short, distinct power interruption.

    During unstable conditions such as when input power frequency deviates fromthe required range, the same switching occurs, connecting the backup battery.

    In persistently unstable conditions, the battery may be drained, making it

    inadequate during a blackout.

    Since offline UPSs provide only partial protection from many common power

    problems, they are most often used to shield single-user personal computers

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    and other less critical applications.Offline UPSs are smaller and lower-priced

    than online UPSs.

    Online UPSsprovide load power at all times through a battery that iscontinuously charged by input power. The battery is always online; therefore,

    no switching is called for during power failures.

    Online UPSs provide complete protection and isolation from almost all types

    of power problems and provide digital-quality power that is not possible with

    offline systems. For these reasons, they are typically used for mission-critical

    applications that demand high productivity and systems availability.

    "Double-converter system" is another name for an online UPS since it must

    convert AC input power to DC for charging the battery and afterward convert

    DC to AC for use by the load. Double conversion makes this UPS less

    efficient than other types.

    Online systems provide the same benefits of an offline UPS combined with a

    line conditioner, at a price lower than the cost of both components purchased

    separately.

    Line-interactive UPSs retain some of the efficiency of offline UPSs while

    providing the voltage regulation features of online systems. Instead of

    converting the input power to DC and storing it in a battery, the UPS sends the

    power to the load through a ferroresonant transformer that provides voltage

    regulation and power conditioning for disturbances such as electrical line

    noise. In addition, when a power outage occurs, the transformer maintains an

    energy reserve that is usually sufficient to power most personal computers

    briefly during the switchover to the UPS's battery power. In general, these

    UPSs work best with linear loads such as motors, heaters and lights.

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    Line-interactive UPSs are very efficient, highly reliable and, unlike offline

    systems, offer voltage regulation features.

    SPECIFICATION FOR ON

    LINE UPS

    1. GENERAL:

    (a) UPS shall be free from workmanship defect, sharp edges, nicks,

    scratches, burs etc. All fasteners shall be fixed properly. The equipment shall

    be complete with all parts and all parts shall be functional.

    (b) Enclosures shall conform to protection requirement of IP2L1 to ISI:

    3947 (part 1) /1993 (reaffirmed 1998).

    (c) Manual and static by-pass switch shall be provided for maintenanceof UPS.

    (d) UPS shall supply output power and charging current at the same

    time.

    (e) Switching device shall be IGBT.

    (f) Switching frequency shall be above 10 KHz.

    (g) UPS shall be provided with serial communication port RS 232 for

    computer interface for data exchange of electrical Para-meters of UPS like

    voltage current frequency, charging status mode of operation etc.

    (h) The rating specified in the schedule is a unity power factor.

    2. Input (As applicable)

    (a) 160V 260V. 50 +/-10% Hz Single Phase AC.

    3. Output (As applicable)

    (a) 230V +/-1% (with alternative setting for 220V +/-1%), 50+ 0.5Hz

    single phase.(b) Voltage regulation from on load to full load shall be within + 1% in

    both the cases, UPS shall also have facility for operation in synchronous mode

    in which output frequency shall be same as that of mains frequency.

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    4. Total Harmonics Distortion.

    2% maximum for UPS upto 5KVA and 3% maximum for UPS above

    5 KVA on resistive load.

    5. Efficiency (at rated output voltage and frequency)

    Inverter efficiency (Minimum) 90%

    Overall efficiency (Minimum) 85%

    6. Power Factor:

    (a) Load Power factor better than 0.65 lagging.

    (b) UPS Power factor Better than 0.9 lagging.

    7. Overload.UPS shall withstand 25% overload for 10 minutes and 50% overload for

    one minute.

    8. Noise level at a distance of 1 meter shall be less than 55 dB (A).

    9. Protection: Following protection shall be provided in UPS.

    (a) Over voltage, short circuit and overload at UPS output

    terminal.

    (b) Under voltage at battery terminal.

    (c) Over shoot and under shoot shall not be greater than 4% of rated

    voltage for duration of 40m Sec.

    10. Indicators & Meters: (a) following indicators shall be provided: -

    i. Mains Presence.

    ii. Battery charging and discharging.

    iii. Low battery voltage

    (b)Digital meter shall be provided for monitoring the following parameters in

    UPS.i. Input AC Voltage.

    ii. Output AC Voltage, current and frequency.

    iii. Battery voltage and current.

    11. Battery Bank.

    i. UPS shall be supplied with SMF battery of the make: Exide, Panasonic,

    Hitachi or DGS&D registered makes.

    UPS Min. VAH Batter AH No. of Bus Chargin

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    Ratin

    g

    (KVA

    )

    VAH

    require

    d for 30

    min.

    backuptime

    offere

    d

    y

    voltag

    e

    Capacit

    y

    batteries

    .

    Voltag

    e

    g

    Current

    (Amp.)

    2.0 1600 2016 12 24 7 94 0.6-1.0

    UPS

    Ratin

    g

    (KVA

    )

    Min.

    VAH

    require

    d for 60

    min.

    backup

    time

    VAH

    offere

    d

    Batter

    y

    voltag

    e

    AH

    Capacit

    y

    No. of

    batteries

    .

    Bus

    Voltag

    e

    Chargin

    g

    Current

    (Amp.)

    2.0 3200 3360 12 40 4+3 94 1.2-1.8

    12. Testing Requirements for UPS.

    Type tests: - Following shall constitute type test and at least one sample

    shall be type tested for each rating.

    i. Visual examination.

    ii. Verification of output power and frequency.

    iii. Verification of voltage regulation.

    iv. Verification of efficiency.

    v. Verification of total harmonics distortion.vi. Verification of overshoot, undershoot limits and over voltage protection.

    vii. Test for insulation resistance, leakage current and high voltage as per IS:

    616/86 (reaffirmed in 1991) insulation resistances should not be less than

    100 mega ohms.

    viii

    .

    Test for back up time. Equipment should work satisfactorily after specified

    back up time.

    ix. Environmental tests: Following environmental tests shall be carried out.

    During the last half an hour of each environmental test functional test, as at

    Sl No. 1, 2 & 3 above shall be carried out and results should besatisfactory. Further after each environmental test the functional

    performance mentioned at Sl No. 1 to 6 shall be checked after recovery

    period of 1 hour and test results shall be satisfactory.

    a. Burn-in test- The UPS shall be subjected to burn-in at a temperature of

    45C for 48 hours with power on and at full load.

    b. Dry Heat Test shall be carried out in accordance with IS: 9000 (Part

    3/Sec.5/1977)(reaffirmed 1997) at 45C for 16 hours.

    c. Damp Heat - shall be carried out in accordance with IS: 9000 (part

    5/Sec.1) 1981 (reaffirmed 1997) at 40 C, RH 95% for two cycles.

    d. Cold test shall be carried out in accordance with IS: 9000 (part 3/sec.4)

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    1977 (Reaffirmed 1997) at 0 C for 2 hours.

    13. Acceptance Tests: -

    Tests listed at Sl No. 1 to 8 shall constitute acceptance test. Acceptance

    test shall be carried out on all the items offered for inspection.

    14 Requirement of Testing facilities.(ii) The following Test facilities shall be made available at the place of

    inspection which shall be verified at the time of inspection of first lot.

    a. Dust free environment for the assembly of PCBs.

    b. Component lead forming machines/fixture.

    c. Temperature controlled wave-soldering machine with auto-fluxing

    facilities.

    d. Dry Heat test chamber.

    e. Power analyser.

    f. Multi-channel temperature scanner.g. Suitable test equipment for measurement of PWM supply.

    h. Functional testing of PCBs Preter able with computer.

    i. Electro static discharge protection in line with IS: 10087-1981 work

    procedure.

    j. In circuit testing machine for checking the correctness of component

    inserted in PCBs (desirable).

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    Company Products

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    Part 3

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    Description of activities

    Week 1 received the problem as an assignment, and was asked to understand

    the company and the product which the assignment is related with its different

    parts and competitors.

    Week 2 preparations of the questionnaires for the dealer and the customer

    satisfactions along with data mining within the organization

    Week 3 preparations of questionnaires and cost analysis of the distribution

    channel

    Week 4 market survey

    Week 5 data compilation and report submission

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    FINDINGS

    RESEARCH METHODOLOGY

    Every research methodology includes a research design which may

    be defined as the arrangement of conditions for collection and analysis of data

    in a manner that aims to combine relevance to the research process with

    economy in procedure.

    The sampling method that I am being using is the stratified sampling

    method, the reason behind using this method even though the time

    consumption when taken into consideration is more is to divide the whole set

    of population I am considering for my work into different group according to

    type of information gathered from each set and by that a perfect co-relation

    could also be done.

    My data collection processes would consist of series of procedures

    which would be further divided into primary and secondary data collection.

    The secondary data are those studies made by others for their own purposes.

    The secondary data for my research would be collected from the companies

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    own data, archives and their annual financial reports. Also the findings of

    prior research studies on outsourcing of accounting processes would give an

    ample amount of historical data or decision making patterns. Also I would use

    internet to get some more information about the industry and use journals for

    getting guidance from the past researches in this topic.

    DATA COLLECTION METHOD

    The data collection mode used to get the desired information from

    primary sources & Unstructured Direct Interviews &the instruments used in

    the Questionnaire . In this research data was collected through two different

    modes, namely-

    Primary data collection

    Secondary data collection

    Primary data collection: Primary data was collected through

    Questionnaire Surveys and direct interviews.

    Secondary Data Collection: Secondary data was collected from old reports

    and magazines.

    LIMITATIONS

    The limitations faced during the training and while undergoing my

    research was lack of availability of first hand data. As the data included is

    secondary in nature, authentication of the data is major concern. The next

    difficulty was the facts and figures had change due to change in financial year,

    thus it could affect the recommendation and conclusion part.

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    Survey ResultsQ1. Are you well aware about the company LABO-TEK?

    0

    10

    20

    30

    40

    50

    60

    70

    80

    Yes No

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    Q2. What are the factors you look for before dealing with a

    particular company?

    0

    5

    10

    15

    20

    25

    30

    Services Product

    Range

    Quality Cheaper

    rates

    Better

    schemes

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    Q3. You would change the company you are dealing with if

    _____

    0

    5

    10

    15

    20

    25

    30

    35

    40

    45

    Less

    Discount

    Change in

    Quality

    Change in

    services

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    Q4. Are you satisfied with the schemes provided by the company

    LABO-TEK?

    0

    10

    20

    30

    40

    50

    60

    70

    Yes No

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    Q5. What is your way of purchasing?

    0

    10

    20

    30

    40

    50

    60

    70

    80

    90

    Direct Through

    Agent

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    Q6. Quality & Services of LABO-TEK is __________

    0

    5

    10

    1520

    25

    30

    35

    40

    45

    Satisfactory Good Excellent Could be

    Better

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    Q8. Do the various sales promotion activities (sign boards,

    variety charts, etc) affect your choice of buying?

    0

    10

    20

    30

    40

    50

    60

    70

    Yes No Sometimes

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    Q9. What kind of promotional activity would appeal you as a

    customer?

    0

    5

    10

    15

    20

    2530

    35

    40

    45

    Discount Better

    Schemes

    Better

    Products

    Better

    Services

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    Q10. Are you well aware about the new products of the

    company?

    0

    10

    20

    30

    40

    50

    60

    70

    Yes No

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    Q11. Sales Promotion & advertisement activities of LABO-TEK

    are __________

    0

    5

    10

    15

    2025

    30

    35

    40

    45

    Satisfactory Good Excellent Could be

    Better

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    Q12. Are you satisfied with the services of the company at

    outlets?

    0

    10

    20

    3040

    50

    60

    70

    Yes No

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    Q13. Are you aware of the consumer related schemes of the

    company?

    0

    10

    20

    30

    40

    50

    60

    Yes No

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    Part 4

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    Marketing Environment

    Marketing environment is the overall environment in which a Company

    operates. This consists of the Task Environment and the Broad Environment.

    The marketing environment surrounds and impacts upon the organization.

    There are three key perspectives on the marketing environment, namely the

    'macro-environment,' the 'micro-environment' and the 'internal environment'.

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    What is the most it can cost to provide, and still be sold sufficiently

    profitably? (See also Price, below).

    Place

    Where do buyers look for your product or service?

    If they look in a store, what kind? A specialist boutique or in a

    supermarket, or both? Or online? Or direct, via a catalogue?

    How can you access the right distribution channels?

    Do you need to use a sales force? Or attend trade fairs? Or make online

    submissions? Or send samples to catalogue companies?

    What do you competitors do, and how can you learn from that and/or

    differentiate?

    Price

    What is the value of the product or service to the buyer?

    Are there established price points for products or services in this area?

    Is the customer price sensitive? Will a small decrease in price gain you

    extra market share? Or will a small increase be indiscernible, and so gain

    you extra profit margin?

    What discounts should be offered to trade customers, or to other specific

    segments of your market?

    How will your price compare with your competitors?

    Promotion

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    Where and when can you get across your marketing messages to your

    target market?

    Will you reach your audience by advertising in the press, or on TV, or

    radio, or on billboards? By using direct marketing mailshot? Through PR?

    On the Internet?

    When is the best time to promote? Is there seasonality in the market? Are

    there any wider environmental issues that suggest or dictate the timing of

    your market launch, or the timing of subsequent promotions?

    How do your competitors do their promotions? And how does that

    influence your choice of promotional activity?

    The 4Ps model is just one of many marketing mix lists that have been

    developed over the years. And, whilst the questions we have listed above are

    key, they are just a subset of the detailed probing that may be required to

    optimize your marketing mix.

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    Industry relationships.

    Building healthy relationships with distributors and others involved in the

    industry puts you in a position to know about new opportunities and potential

    problems as they occur. Long term, this improves the flow of product from

    you to your customers and creates new distribution channels.

    Giving.

    Donating money, services, and time can build a positive image with customers

    and employees. Over time, this increases a company's trustworthiness. When

    they see you consistently giving something back to the community, they are

    more confident you will take the same care with them.

    Research and development

    A new product pipeline and research are short-term expenses, but representfuture sales. Conduct research with customers (or potential target markets) and

    design products to meet their needs. This ensures future growth.

    Short-Term

    Short-term strategies create immediate revenue. Sales and accounting people often prefer

    these to long-term approaches because the results are direct and quantifiable. The

    disadvantage of relying strictly on short-term approaches is the effect is temporary. They

    tend to be limited-time techniques that do not work well over time.

    Reduced price sales.

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    From the analysis made and taking into consideration negative and positive

    aspects as pointed dealers and with consultation our training head we have

    come up with following recommendations for over all development of the

    company regarding management and diversification.

    First of all we would like to say that company has to give more thrust on

    advertisement and company has to pay utmost attention on their advertising

    strategies because according to our survey it shows that maximum number of

    consumers are unaware of the new brands running in the company and survey

    suggestions also recommend that company should pay more thrust on

    improving the advertising skills from the view of both consumers and dealers.

    They should come up with advertising strategies like air balloons which is

    entirely a new concept market as marketing through air balloons has not yet

    entered the market which will drive majority attention. This concept also

    overshadows the concept of hoardings with regard to cost effectiveness and

    area coverage as air balloons covers radius of 3-4kms. Company has

    expressed negative approach towards expenditure on hoardings and also

    hoardings are paid less attention due to lack of time. They should also come

    up with new glow sign boards which will gain attention of the consumers

    during right time.

    BRAND PROMOTION

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    I am a student of BBM from Dayalbagh Educational Institute, Agra. As part of my project

    research, I am collecting certain important information. I will be highly obliged by your

    support in obtaining the information and request you to fill in the questionnaire. Your kind

    cooperation shall be highly appreciated.

    -Saran Prakash Satsangi

    Name:Designation:

    Q1. Are you well aware about the company LABO-TEK?

    o Yes

    o No

    Q2. What are the factors you look for before dealing with a particular company?

    o

    Serviceso Product Range

    o Quality

    o Cheaper Rates

    o Provide better schemes

    o Any Other __________

    Q3. You would change the company you are dealing with if __________

    o Less discount rates are provided

    o Change in Quality

    o Change in Services

    o Any Other __________

    Q4. Are you satisfied with the schemes provided by the company LABO-TEK?

    o Yes

    o No

    Q5. What is your way of purchasing?

    o Direct

    o Through Agento Any Other __________

    Q6. Quality & Services of LABO-TEK is __________

    o Satisfactory

    o Good

    o Excellent

    o Could be better

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    o Any other __________

    Q15. After sales service of the company is?

    o Satisfactory

    o Goodo Excellent

    o Could be better

    Q16. Source of advertisement is __________

    o Newspaper

    o Internet

    o Hoardings

    o Advertisements in local channel

    o Any Other __________

    Q17. Companys relation with the customer is __________

    o Satisfactory

    o Good

    o Excellent

    o Could be better

    Q18. Are you aware about the online services of the company?

    o Yes

    o No

    Q19. Does the company provides immediate action to the complain made?

    o Yes

    o No

    o Sometimes

    Q20. Your feedback for the company & your Suggestions

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    Thank You

    ***************

    Reference

    Annual Journals and magazines of the company

    Principles of Marketing

    -Philip Kotler

    -Gary Armstrong Online magazine Metal Bulletin

    www.wikepidia.com

    www.google.com

    www.yahoo.com

    http://www.wikepidia.com/http://www.google.com/http://www.yahoo.com/http://www.wikepidia.com/http://www.google.com/http://www.yahoo.com/