A Summer Internship Project Report on STUDY OF MARKET SHARE & RETAILER SATISFACTION FOR HAVELL’S Submitted in partial fulfillment of the requirements for the degree of Post Graduate Diploma in Management (MARKETING) By VAIBHAV BAGARIA (Roll No.A2-59) Under the guidance of Prof. Rajlaxmi Pujar A Study Conducted for HAVELL’S INDIA PVT. LTD. at Indira School of Business Studies, Tathawade, Pune 411033 (2011-13)
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A Summer Internship Project Report on
STUDY OF MARKET SHARE & RETAILER SATISFACTION FOR HAVELL’S
Submitted in partial fulfillment of the requirements for the degree of
Post Graduate Diploma in Management (MARKETING)
By
VAIBHAV BAGARIA
(Roll No.A2-59)
Under the guidance of
Prof. Rajlaxmi Pujar
A Study Conducted for HAVELL’S INDIA PVT. LTD.
at
Indira School of Business Studies,
Tathawade, Pune 411033
(2011-13)
ACKNOWLEDGEMENT
―Such Thanks I give as near death to those that wish him Live‖ - Shakespeare
I take this opportunity to express my sincere thanks to everyone who has directly or
indirectly helped me in completing my summer project successfully.
I would like to thanks HAVELLS INDIA LTD. for giving me an opportunity to work on this
project in this reputed organization. The 45 days spend with Havells India ltd. has been real
fruitful experience.
I am very thankful to Mr. Amit kaushik (Branch Manager), Havells India who has provide me
with such a wonderful opportunity to gain practical experience by working on a project
for this organization .
I owe a profound intellectual debt to my project guide Mr. Durgesh Singh (Business Dev. Head)
Havell‘s India ltd, Pune for guiding me at each stage of my project and giving me valuable
inputs, taking time out from his busy schedule to help me with my project.
I thank our SIP Mentor Mrs. Raj Laxmi Pujar for helping me completing the project
successfully.
Last but not the least I would also like to express my gratitude to Havells employees. All of my
friends who helped me a lot through-out this project.
Vaibhav Bagaria
Indira School of Business Studies
Batch 2011-2013.
FORMAT OF CERTIFICATE FROM THE COLLEGE
This is to certify that Mr. Vaibhav Bagaria is a bonafide student of this institute and has
successfully completed his project entitled “To Study the Market Share and Retailers
Satisfaction of Havells ” at Havells India Pvt. Ltd for partial fulfillment of course Post
Graduate Diploma in Management (Marketing) from Indira School of Business Studies.
Dr. Renu Bhargava Prof. Raj Laxmi Pujar
Director, ISBS Internal Guide
EXECUTIVE SUMMARY
The SIP project was carried out by me under Havells India ltd in PUNE. This research shows
that companies today are not only customer centric but also proactive to importance of Channel
Satisfaction.
Since my purpose of the study is to deeply understand on how organization maintain Channel
Satisfaction and have tried to gain as much as information as possible. My research is primarily
descriptive since research question aim at describing TO STUDY THE MARKET SHARE AND
RETAILERS SATISFACTION FOR HAVELLS. So my intension in this research is to find out
how companies strategically maintain Channel Satisfaction and companies benefit from this
loyalty and create competitive advantage.
I got the opportunity to complete my summer internship program in HAVELLS INDIA LTD a
leading MNC in this sector and being part of training team as marketing student and thus it has
been a great learning experience.
TABLE OF CONTENTS
SR NO.
TOPIC
PAGE NO.
1
INTRODUCTION
1
2
INDUSTRY OVERVIEW/COMPANY OVERVIEW
4
3
REVIEW OF LITERATURE
11
4
OBJECTIVES OF THE STUDY
16
5
RESEARCH METHODOLOGY
18
6
DATA ANALYSIS & INTERPRETATION
21
7
FINDINGS
31
8
CONCLUSION
33
9
LIMITATIONS
35
10
RECOMMENDATIONS
37
15
ANNEXURE
39
16 BIBLIOGRAPHY 42
LIST OF TABLES
Table No.
Content
Page No.
01
RETAILERS DEALING IN HAVELLS PRODUCTS
23
02
HOW LONG HAVE RETAILERS BEEN SELLING HAVELLS
PRODUCTS
24
03
AMOUNT OF BUSINESS ACCOUNTED FROM HAVELLS
25
04
PRICE OF HAVELLS IS COMPARABLE TO OTHER BRANDS
26
05
IS SATISFACTORY MARGINS PROVIDED BY HAVELLS
27
06
DOES HAVELLS PROVIDE SATISFACTORY SCHEMES
28
07
REASONS FOR WHICH END CONSUMERS BUY HAVELLS
29
08
DOES HAVELLS HAVE A SATISFACTORY DELIVERY SERVICE
30
09
HOW IS THE REPLACEMENT PROCEDURE OF HAVELLS
31
CHAPTER: 1
INTRODUCTION
1.1 What is the project?
To find out MARKET SHARE AND RETAILER SATISFACTION FOR HAVELLS
IN PUNE and help organization to know the market share and Retailers satisfaction for
their switchgear products.
1.2 Definition and purpose of the project.
Some of the most important purpose behind this project is to:
To find out the reach of Havells switchgears in Pune.
To assess the present market share and suggest improvements.
To find out Channel satisfaction levels and suggest measures to improve.
1.3 Scope of the project:
To be used by the company for understanding their market share and take further decision
to increase market share in Pune.
To understand the Retailer satisfaction in Pune and take further decision to increase
dealer satisfaction.
The purpose of this training was to have practical experience of working within the organization,
in the field of marketing and to have exposure to the Important management practices in field of
marketing. While writing this report the language has been keep simple and the entire Discussion
has been logical.
The main motto of the Project work was MARKET SHARE AND RETAILER
SATISFACTION Of HAVELLS, PUNE. It includes market Research for ESP department
EBG (electrical electronic division). And in detail dealer (Satisfaction) responses analysis about
distribution channel, service activities, price of products etc by surveying number of dealers.
The project report is divided into two parts, first part consists market research for finding out ‗the
reach of Havells switchgear in retail market of pune and second, consist survey report of various
Retailers about their responses about satisfaction towards Havells in pune.
CHAPTER: 2
INDUSTRY OVERVIEW/
COMPANY OVERVIEW
2.1 Prospects of the Indian Electric Industry:
Like every other industrial sector in India, the Indian Electrical Industry too is slowly emerging
from out of its "protective cover". For far too long has Indian Industry remained shackled and
consequently inward looking. Over the past fifty years there was no exposure to global players
and competition, with the result that the Industry grew up in a sheltered environment, dependent
on the Government for everything, from licenses to protection to tariffs. Each one of these
interventions was aimed at securing protection for oneself and ensuring growth of one‘s own
organization at the cost of industry and the nation at large. Lack of global competition
encouraged a "cost plus" approach, where every conceivable cost increase was passed on to the
customer. There was thus no motivation to reduce costs.
As per the recent survey, the global electrical & electronics market is worth $1,143.2 billion,
which is forecasted to grow to $ 1,250.6 billion at the end of the year 2009. If we talk of
electrical & electronics production statistics, the industry accounted for $1,235.9 billion in 2010,
which is forecasted to reach $1,510.00 billion by 2015.
At the outset, it must be stated that the reduced domestic demand is at best a temporary
phenomenon. The power sector in India is bound to grow and this will undoubtedly boost
demand from the Utilities, quite apart from the industrial demand which will continue to grow
with increased industrial output. The poor financial health of the SEBs is however a damper that
cannot be wished away in the short term. This will continue to plague corporate in the Electrical
Industry, until the SEB restructuring and unbundling brings a turnaround in the medium term
Major Players of Electrical Industry-:
Havells
Schneider
L&T
Guts
Indoasian
Anchor
Legrand
Wipro
2.2 COMPANY PROFILE
Havells India Ltd is a billion-dollar-plus organization, and is one of the largest & India's fastest
growing electrical and power distribution equipment manufacturer with products ranging from