Sudhir Whirlpool Project2011
Sudhir Whirlpool Project2011
Sudhir Whirlpool Project2011
Project Report
On
MARKET RESEARCH ON DEALER PREFERENCE AND
MAJOR PRODUCT LINE OF WHIRLPOOL
Conducted by
PROJECT GUIDE
SUBMITTED BY
MR. JAGMEET
HARDEEP
Roll No: - 12108460022
(Teacher Guide)
Director
Date:
Place:
Program Co-coordinator
Table of
CONTENTS
Chapter No.
I
1.1
1.2
1.3
1.4
1.5
1.6
II
2.1
2.2
2.3
2.4
2.5
2.6
III
IV
V
VI
Title
List of tables
Acknowledgement
Executive Summary
Introduction
Background of the study
Background of the topic
Company profile
Statement of the problem
Scope of the study
Objectives of the study
Research Methodology
Research design
Primary data
Secondary data
Sample design
Limitations
Major product line
Data Processing and Analysis
Findings
Conclusions
Recommendations
Bibliography
Annexure / Questionnaire
Page No.
3
4
5
6
7
7
7
17
18
18
20
21
21
21
21
22
23
42
51
52
53
54
55
ACKNOWLEDGEMENT
It has been an enriching experience for us to undergo our project training at
WHIRLPOOL INDIA PVT. LTD, Pune. It is our immense pleasure to offer our
acknowledgements to those persons who have been a constant source of help and
encouragement in carrying out this project. We are deeply indebted to them for their
inspiration, encouragement, help and advice without which it would not have been
possible for us to complete this project.
As students of IMED COLLEGE, Pune. We would like to express our sincere
thanks too all those who helped us during my practical training program. Words are
insufficient to express our gratitude towards Mr. Kumaresh Rathore BM of
WHIRLPOOL INDIA PVT. LTD, PUNE.
We would like to express our sincere thanks to all the Dealers, Mr. MANOJ PILAY
(Territory Executive) , Mrs. Rupal Asati(Marketing Executive) and Mr. Anish Ansari
( sales supervisor executive)for their constructive guidance. We would also like to
give our heartful gratitude to the Store Supervisors, Retail exicutive, and all the staff
members of our respective stores for their help during our project.
However, we accept the sole responsibility for any possible error of omission and
would be extremely grateful to the readers of this project report if they bring such
mistakes to our notice.
Date-
Sudhir Kumar
EXECUTIVE SUMMARY
Whirlpool is one of India's leading company in electronics manufacturing. The
company is in the process of analyzing its current as well as potential dealers in the
Pune market for their products.
The project title Market research on dealer preference and major product line of
whirlpool was assigned to me and i had to carry out a survey of existing dealers for
the company. This project represents the information regarding the overall market
performance of Whirlpool. The main objective of the project is to understand the
dealer preferences more effectively and efficiently.
The approach to be adopted to deal with the above mentioned objectives were
decided. For execution of the project methodology adopted was the collection of data
through questionnaire, processing and analyzing the data. The respondents, which
were selected, were dealers.
The area of the project work was Pune city and its location where the survey was
undertaken various part of the city.
After formulation of the objective and the research approach, the other ingredients of
the research design, were decided upon. The number of respondent was 30. The result
and findings were emerged through the analyzed data. Some observations during the
research process were helpful in making the suggestions and recommendations. The
research process had some limitations on the time as well as the economy front thus
results do not reveal the 100% true picture of the survey.
The survey was conducted to known the following objectives like satisfaction level
among dealers and customer, identifying threats to the dealers , making Whirlpool
aware to the dealers and to increase number of dealers.
Chapter I
Introduction
A study conducted by FICCI on consumer durable industry has indicated buoyant
trend in all three segment white goods, consumer electronics and electronic
components during April- March 2008-2009. It confirms that consumer goods sector
is poised for future growth because of emerging opportunities and strong
fundamentals developing in the economy. Semi-urban and rural consumers are also
expected to spend more on consumer durables.
The Purefresh, Refrigerators, Washing machine, microwave oven, and air conditioner
market is growing at fast rate in India.
Major players for Purefresh, Refrigerators, Washing machines, air conditioner
and microwave oven in Indian market are:
1) LG
2) SAMSUNG
3) ONIDA
4) VIDEOCON
5) PHILIP
6) SONY
7) SAMSUNG
8) AQUA SURE
9) OTHERS*
Note*: Others brands includes Kenstar, Sansui, Godrej, Voltas, Hitachi, IFB,
Electrolux, Forbes Etc.
1.3COMPANY PROFILE
WHIRLPOOL INDIA PVT. LTD.
.
We are the leaders Globally in Market Share, Share by Brand and Production Share
for Home Appliances.
HISTORY OF WHIRLPOOL:
SIGNIFICANCE OF WHIRLPOOL:
Samsung signifies three stars, each of the stars means:
1 To serve the nation throughout business.
2 To put the Human Resource over the material resources.
3 Efficient Management Activity.
WHIRLPOOL IN INDIA:
Whirlpool entered in India in 1987. Within a span of 12 yrs, Whirlpool India Pvt. Ltd.
is recognized as a leader provider of high tech Consumer Electronics and home
Appliance Products in the country.
Whirlpool India has set up manufacturing facilities for Purefresh, Washing Machines,
Refrigerators, and Microwave Ovens and Air Conditioners.
Summery
1987: Whirlpool and Sundaram Clayton of India enter into a joint venture to
form TVS Whirlpool Limited.
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11
VISION OF WHIRLPOOL:
Whirlpool Indias vision entails helping people to improve the quality of their lives by
providing them with superior quality, state-of-the-art and technology products at right
time at the right place at the right price. But beyond its role as the purveyor of quality
products in India, Whirlpool seeks to contribute to the economic growth of the
country through its export commitment and large scale production facilities
generating secured employment for thousands of Indians people.
12
MISSION OF WHIRLPOOL:
13
PRINCIPLES OF WHIRLPOOL:
Whirlpool India today is recognized as a leader provider of high tech Home appliance
product in the country. It holds significant market share in the Frost free Refrigerators,
Washing machine, Aircondition etc categories, while holding the no 4 slot in
Microwaves Ovens. With Market Driven Changes being the guiding principles, the
Companys strategies to achieve its targeted turnover of Rs 1520 crores.
Strengthening the Home Appliances Range having made a strong impact in the market
with its Master Mind series of Conventional Refrigerators .Whirlool India plans to
further reinforce its home appliance range of launching 2-3 new models in every
product categories this year. The Company commenced the domestic production of
washing machines and ACs in Thirubhuvanai Village (Near Pondicherry) . This is
giving it the flexibility to meet the needs of the Indian Customers.
Manufacturing:14
15
$14,317.00 million
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During our summer internship we have passed almost two months in Whirlpool India
Pvt. Ltd. (Pune). Within this period we have faced and observed a lot of problems in
the stores which are creating threats to loyalty sales, these problems must be sort
outlet to maintain the loyal relationship with the DEALERS1. High price of Whirlpool product.
2. Low margin for dealers.
3. Whirlpool is not having retail executive in modern trade although having huge
display contribution consequently competitor is going to be aggressive.
4. Lack of proper communication to the dealer & sub- dealers regarding the
service issue.
5. Whirlpool purefresh and microwave are not customer first preference and
company having straight line strategy to promote it so dealers having less
Interest to sale these products.
6. Most of the time Indian customer follows the thing. They resist themselves to
be innovative.
7. Whirlpool doesnt believe in national advertisement expense.
8. High price and new product for this company will take time to come in effect.
Research is limited for Pune city. It is divided into 5 major areas as which has
potential market for Whirlpool:
1) CAMP,STATION AND SWAREGATE
2) HADAPSAR,BEBIWADI AND FATIMA NAGAR
3) KOTHRUD
4) AUNDH AND CHINCHWAD
5) KALYANI NAGAR
Research emphasis was on Comparative analysis of different Brands of electronic
products with Whirlpool at the Dealers in pune city. It includes finding position of
Whirlpool Products in respect to other brands and necessity to reformulate marketing
mix of company if any.
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To know the satisfaction and awareness level of the dealers regarding the
Whirlpool product.
To identify the problems which are creating threats to dealers
Conduct a survey on
Purefresh and microwave oven products at the Dealers and Sub- Dealers.
Interpret and analyze the finding of the survey done and give suggestion to
develop brand image so that the existing dealers device maximum satisfaction
and customer attraction..
To find how Whirlpool is performing compared to other brands which are
operating in Pune city.
Steps taken to maximize sale of Whirlpool products.
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Chapter - II
Research Methodology
The objectives of the present study can be accomplished by conducting a systematic
market research. Market research is the systematic design, collection, analysis and
reporting of data and findings that are relevant to different marketing situations facing
the company. The marketing research process that will adopt in the present study will
consist the following stages.
1-Defining the problem and the research objective: The research objective states what
information is needed to solve the problem. The objective of research is to derive the
opinion of dealers.
2-Developing the research plan: once the problem is identified, the next step is to
prepare a plan for getting the information needed for the research .The present study
will adopt the exploratory approaches wherein there is a need to gather larger amount
of information before making a conclusion. If required, the descriptive and casual
approaches may also be used.
3-Collection and Source of data: Market research requires two types of data, i.e.,
primary data and secondary data. Being a firm in Ac, Washing Machine,
Refrigerators etc, data gathering will involve usage of both primary and secondary
data through there will be extensive usage of primary data. Well-structured
questionnaires will be prepared for dealers. There will be personal interviews
surveys mostly in-modern trade.
4-Analyze the collected information: This involves converting raw data into useful
information .It involves tabulation of data, using statistical measures on them for
developing frequency distribution and calculating the average and dispersions.
5-Report research finding: This phase will mark the culmination of the marketing
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research effort. The report with the research findings is a formal written document.
Competing brands
Features offered by different brands
Dealer profile
Reasons to purchase a particular brand
Desirable feature of the product
2.3 Secondary Data
Data was collected from websites and catalogues to understand the product of the
different players in the market.
Sampling Unit: - Dealers and sub dealers in modern trade and shop.
Sampling size: - 40 units,
Sampling Technique: -Random sampling,
Research Design: Descriptive
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2.5 LIMITATIONS:
Reaching to different dealers is very time taking.
1- Sample size is small due to preference was given to modern trade.
2- The availability of exact data and figure is difficult to achieve . The location of
dealers to cover the various areas of the city is tedious and time consuming.
3- They may be partial or refuse to cooperate.
4- The availability of the right person may not be there or have to again
re contact the dealer.
5- The scattered location of dealers makes the job very time consuming and
tedious .
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Cooling
and
System,
Freshness
Intelligent
Benefits,
Space
Extraordinary
Management
Style,
Alluring
Solutions,
Accessories,
6th Sense Fast Forward Ice system that makes ice just at the press of a
Button
Made of one sheet metal sheet and has corner caps that add extra
strength to the already sturdy genius
Transparent Internals
Genius in Space
23
Unique Health Guard Door with Anti Fungal Gasket to keep Germs
away
Humidity Control Knob to control the Humidity level inside the crisper
as required by the vegetables
24
E-lite
It is energy efficient and saves upto 30% electricity
This is only single door equipped with special Digital Control Panel. Auto Cool, Fast
Forward Ice and Auto Power Save can now be controlled at touch of a button
Digital control panel
A special light that automatically glows whenever there is a power cut. It even has a 2
hrs backup and gets charged automatically.
6th sense door open alaram
An automatic alarm that rings when door has been left open by mistake for more than
2 mins.
The Mastermind
Indias first fully automatic refrigerator
Welcome Indias first fully automatic refrigerator, Whirlpool Mastermind- a
refrigerator that senses weather and adjusts cooling automatically.
Yes, a refrigerator that knows everything!
What makes Mastermind Intelligent?
6th Sense Tower Cooling
Professional Series
Whirlpool Professional, Indias first fully automatic refrigerator is empowered to
adjust the cooling on its own. Its unique 6 th Sense Tower Cooling System not only
gives powerful cooling but also adjusts cooling automatically according to change in
temperature.
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Neat n fresh
30ltr crisper
Magic light
works
from
(135V)-Highest
(290V).High
Energy
efficiency: Saves.
Star Rating
Whirlpool Refrigerator Star RATING which makes them one of the most energy
efficient refrigerator range in the country today. The rating not only increases the
brand image but also the sales figure.
OTHERS
Table top- clean and clear table which allows you to keep useful things handy.
Clean back- unlike conventional refrigerator with messy backs, Whirlpool
refrigerators have a neat and clean back.
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AIR CONDITIONERS
6th Sense MPFI Cooling System
MPFI utilizes a unique 6 circuit design which ensures rapid injection of the refrigerant
for faster cooling. Instead of gas being injected through one capillary which takes
longer time to spread through the evaporator coil, it is injected through multiple
capillaries which ensures faster and efficient cooling at lower power consumption
WHIRLPOOL ADVANTAGE
The gas enters the coil through multiple ports( 3) and comes out of 6Ports
results in faster circulation and efficient cooling.
Top plate
Top Plate is useful to reduce the vibration in the machine. This helps in reducing the
noise level of the AC. It also protects the internal components from being damaged
during servicing the AC thereby enhancing the life of your AC
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Quick Cool
Youve just come back tormented by the scorching outside heat. So, all you need is
instant and rapid cooling. The 6th Sense Quick Cool automatically increases the fan
speed and decreases the temperature to lowest (16C) for 30 minutes by giving out a
faster stream of cool air.
human body metabolism at night. The set temperature increases at the rate of 1 0C
in every one hour upto 2 0C in 2 hours.This ensures that one does not feel too cold in
the night. Needless to say, optimum comfort condition is maintained thereby also
saving power
Energy Rating
Savings in a 12
Star Rating
2.16
1.94
3272
1.87
4329
1.73
6513
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HEPA Filter
Vitamin C Filter
Vitamin C filters emit Vitamin C ions in the air. Vitamin C is a strong anti stress
agent. It is also has strong immunity properties.
Finger Guard
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An extra safety feature for those with little kids at home. Also it prevents insects like
Lizards and cockroach entering the In Finger Guard Extended Durability
Whirlpools stringent Quality Standards ensures that our Air conditioners have a
longer life, irrespective of the extreme conditions prevalent.
5 Year Warranty
In addition to the One Year Warranty on the Unit, the Super Rotary compressors have
an extended warranty for 5 Years.
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MICROWAVE OVEN
In our journey of pioneering the development of microwave over market in India,
WHIRLPOOL have realized that the greatest felt need of our consumer has been to
cook the variety of Indian cuisine with ease in microwave oven.
Enjoy the real taste of food, Food that reflects your life, Full of true taste, layers of
flavor and subtle nuances.
The new range of Whirlpool microwaves cook food deep down. So that every
succulent morsel you cook is full of natural flavors. What is more, being faster and
more spacious they let you cook generous quantities at a time. Let the Whirlpool
microwave enrich your life. After all, taste matters.
So discover the amazing ease with which you can cook and prepare delicious and
nutritious India and International Foods in LG Microwave Oven. Discover the world
of taste with Whirlpool.
SOLO TYPE
Basic/ Entry level model that is ideal for everyday tasks like defrosting,
reheating & cooking.
What can it cook ?
70 % of all cooking like Dal , Pulao , Chicken curry , Masala bhindi i.e. any food
that does not require browning or baking can be cooked in a SOLO microwave
Grill Type
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This microwave contains heater rods on the top inside the cavity. These heater
rods are meant for browning purpose only.
What can it cook ?
Brown & crispy pizzas , toasts, kebabs, grilled chicken, grilled sandwich , tikkas
etc are best cooked in grill
CONVECTION TYPE
Convection cooking uses a fan and a heating element to create air flow
patterns inside the microwave oven.
What can it cook ?
All bakery foods like cakes , biscuits plus Tandoori chicken come out best in a
CONVECTION microwave
Enjoy The Whirlpool Microwave Advantage
MicroTawa A patent technology that ensures that food is never soggy and
unappetizing.Make the best pizzas,tikkis, dosas the list goes on.
Jog dial Possible to alter time, without interrupting the on-going function.
No punching of panel required. Much more control over ones cooking and
better suited for rugged Indian Climatic conditions.
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The only brand of microwaves that gives you a 2 yr. Warranty on the magne
WASHING MACHINE
Whirlpool, the pioneer in washing machine technology brings to you:
Unique 6th Sense technology the next generation in fuzzy logic for Optimum water,
detergent and temperature levels based on wash load
Stain wash: Brings together unique properties of Hot wash and 1-2 , 1-2 hand wash to
completely remove all common household stains
Complete range from Semi-Automatic to Fully Automatic front loading machines to
suit the needs of the discerning homemaker
Types of Washing machine
Semi automatic
Fully automatic
Front loading
Aqua Shower
An EXTERNAL PUMP attached with the machine ensures that the detergent
water is pumped from bottom of the was tub and re-circulated back through
top
The POWERFUL 340 WATT MOTOR
It provides a powerful mechanical action and thus aids in better washing dirty
clothing like School Uniforms & heavy clothing like Jeans, Bed sheets & Curtains.
AUTO RESTART
It provides a powerful mechanical action and thus aids in better washing dirty
clothing like School Uniforms & heavy clothing like Jeans, Bed sheets & Curtains
HOTWASH
1. Stain Removal: Ensures that stains are removed with ease
2. Detergent Efficiency Maximize: Optimizes detergent efficiency as the
chemical reaction of the detergent is best at water heated to 45 55 Degrees
3. Is a boon to the user during Winter season and in Cold climates
CASTOR WHEELS
These enable the consumer to move around the machine with ease unlike any
other from competition
DETERGENT DISPENSER
This is a feature that prevents the sticking of detergent to the clothes
OVERFLOW RINSE
This function ensures that all the extra detergent is washed away by rinsing the
clothes rigorously and draining out the water through the overflow hose
SPIN SHOWER
Water is showered in a sprinkle over clothes ensuring that even the last amount
of detergent is taken off in the spin cycle. This keeps the clothes soft and detergent
free.
1-2, 1-2 Hand wash System Simulates the classic hand wash action for gentle
yet thorough washing. The agitator soaks scrubs and rinses your clothes
35
thoroughly, just like your hands do. Even the most stubborn stains are washed
away with easy and without you having to take pains with a brush.
Child-Lock When you have young kids in the house, you can never be sure of
what they can do to your gadget fineries. However, the intelligent
programming system of your Whirlpool washing machine features Child Lock
system to protect your wash settings from accidental tampering.
Customized Wash Programs Every time you wash clothes, you have to
adjust the water level, detergent, temperature and other wash conditions
according to wash loads and clothes type. Not any more. The customized wash
programs of the your Whirlpool washing machine allow you to program it to
suit the varied washing needs and adjust wash conditions automatically.
Double Rinse The double rinse feature ensures that every trace of dirt or left
behind detergent is removed completely from your clothes, giving them
freshest after-wash appeal. It also keeps off allergies like eczema.
36
power failure, the machine automatically restarts the program from where it
switched off.
Powerful 575 W Motor To support the bulk washing, your machine needs a
robust motor and thats what Whirlpool gives it with a 575 W motor. It deftly
supports superior bulk washing.
Stainless Steel Wash Tub Your machine has a robust exterior for extended
longevity. The stainless steel makes sure that your machine stands the tests of
time without rusting. It also adds the style finesse to your partner in washing
chores.
37
in case of a power failure, the machine automatically restarts the program from
where it switched off.
Child-Lock When you have young kids in the house, you can never be sure of
what they can do to your gadget fineries. However, the intelligent programming
system of your Whirlpool washing machine features Child Lock system to protect
your wash settings from accidental tampering.
Delay Wash A delayed wash of up to twelve hours lets laundry be done in offpeak hours, when energy savings may be even more, or just at a later time when it
is more convenient to switch the load to the dryer.
Dirt Level Programs Adjusts water and detergent levels based on dirt level you
select, to give you best wash performance. You can choose Less for normal
soiled clothes and More for highly soiled clothes such as school uniforms,
sportswear, nappies and more. This optimizes water and detergent consumption.
Dry Tap protection This is a truly intelligent machine. Since, the smart sensors
also sense the lack of adequate water supply and prevent the dry wash operation,
saving time and resources.
Eco Wash Save power consumption by extending the wash cycle time and
lowering the maximum water temperature for a wash program being used for that
washes. It makes your washing more economical and ensures more efficient
resource management.
End of cycle buzzer Sensation has a buzzer for indicating end of wash cycle. So,
you can continue with the other household chores while your Sensation does the
washing and deftly buzzes you when its done.
Lint Filter The lint filter in the machine helps to prevent soap and lint build up in
the laundry tub. The lint filter keeps the lint off the clothes. The washing machines
collect lint in the bag-type lint filter from which the lint can be removed manually.
Pedestal (Optional) Not only stores utility but also adds height to Sensation to
keep away back strain while loading/unloading. This pedestal makes your
Sensation machine stand 1.12 meters high, making it tall enough to save you from
bending again and again. Therefore your washing is no longer a tiring job.
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Water Level Selector The Sixth Sense Technology and the intelligent sensors
automatically sense the wash load and wash program and thereby adjust the water
level. This ensure even and through washing, regardless of the wash load.
'Half Load' Cycle A special feature that allows you to wash loads lower than 2.5
kg, consuming lesser water & Energy.
Energy Saving Feature Using this feature automatically sets the temperature to
an optimal 60 C, leading to an energy saving of upto 1 kWh per wash
Water Saving Feature The low water consumption feature saves water by
reducing the number of rinse cycles from 4 to 3. This makes it an ideal choice to
cope with the erratic and scarce water supply
Door material: Glass The glass door of the machine not just provides with an
easy watch on the clothes but also gives the washing machine a stylish and classy
looks.
Door Opening Angle: 180 C the wide door opening angle of 180 C helps in easy
loading and unloading of clothes.
Door opening Diameter: 285 mm the door opening diameter has been
thoughtfully kept at 285 mm so that you can load all your clothes in the machine
at the same time
Spin cancel option This washing machine comes with a spin cancel feature that
gives you the flexibility to avoid the drying cycle for your delicate clothes.
RO WATER PURIFIRE
Purafresh Symbol of Trust
Indias only RO water purifier certified with WQA, USA Gold Seal. Tested by leading
Indian water lab, International Quality Parts Assurance of "Whirlpool" brand trusted
by millions world wide. Whirlpool, The worlds No1 Home appliance company, senses
your need like no other. We understand that your drinking water should not only be
purified but its purity and freshness should be preserved too. Therefore we bring to
you Whirlpool Purafresh with 6th Sense purify and Protect technology. A
revolutionary range of Water Purifier that plays dual role of Purification and
Protection and reassures you of your familys health
Types of water purefresh
Platinum
39
Elite
Deluxe
Key feature of Whirlpool RO Purefresh
6 Stage Filtration System The purifying system of Pre-Filter, Plus Sediment
Filter, Pre Carbon Filter, RO Membrane Filter and Post Carbon Filter supplies
the clean and safe potable water
Airtight Storage tank for extra protection In order to prevent the secondary
contamination due to the penetration by dust, worms and any other foreign
substances, sealed lead is provided to storage tank, enhancing its sanitary
condition.
Anti-Micro System Application of silver activated carbon containing silver
ion to the post carbon filter as well the usage of ceramic filter inside the
storage tank enable to prevent the microbial proliferation inside the tank and
maintain the fresh taste of water at all times.
Dual Overflow Protection System Two floats are applied to the FLC(Float
Level Controller) self power level control method to prevent the overflow of
water.
Prevention of Overflow Sit back and relax. The Flot Level Controller with a
safety block function makes sure that the water in the storage tank doesn't
overflow.
Silver Cartridge The special Silver Cartridge of purafresh Deluxe and Elite
uses the goodness of silver and protects the purified water in the tank from
microbial re-contamination.
Sliding Front Deco with Child Lock When lifting the Sliding Front Deco
and raising the cup touch lever, you can get the filtered water continuously.
Purefresh Platinum
Key Features
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No Risk of Contamination
Anti-Micro System
Prevention of Overflow
41
Prevention of Overflow
Silver Cartridge
Chapter - III
Interpretation:
In terms of display among various sub dealers its found that Whirlpool occupies the
2nd major share after LG and then comes Samsung and the rest follows . Display of a
particular product or brand is done for two reasons
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Interpretation:
It is found that Whirlpool has limited product verity in frost free refrigerator that is to
Master Mind and Professional. It suggests that dealers are trying to push Samsung
score more in this segment where it is behind whirlpool and LG and rest others.
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Interpretation:
According to survey LG has maximum number of displays at dealer and sub- dealers
shop, due to lot of factors like features, pricing and variety. Samsung comes second
and third is shared by Whirlpool dealers own product in modern trade and others.
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BRANDS
RESPONDENTS
MARKET SHARE
LG
Whirlpool
12
10
30%
25%
Samsung
Godrej
8
6
20%
15%
Others
10%
Interpretation:
Finding in this segment shows that maximum market share is covered by for its
number of display is Philips it is followed by Aqua sure and the next spot followed by
Kent and next to Whirlpool that has better quality product but ignored by dealers
because it is not customer preference. Talking to dealers, It was found that dealers
are more focused on pushing Uv+Ro because of customer preference and they prefer
pushing LG because of better schemes and margin offered by LG.
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Brands
Respondents
Market share
Samsung
14
35%
LG
Whirlpool
Others
12
8
6
30%
20%
15%
Interpretation:
According to the finding LG again leads the ac market and is followed by Samsung
and Whirlpool. As we all know that it is a seasonal product so more emphasis on
given on promoting and giving good margin on product to the dealers.
Respondents
Market share
Whirlpool
LG
Samsung
Videocon
16
12
8
4
40%
30%
20%
10%
Interpretation:
46
According to the survey done with the dealers and sub dealers whirlpool leads the
race followed by LG and it is followed by Samsung. Whirlpool has lot of variety in
this segment with proper pricing and promotional activity.
47
Brands
LG
Whirlpool
Samsung
Onida
12
10
8
6
Sony
Videocon
4
2
Interpretation:
Whirlpool is in the second spot in case of consumer durables and talking to dealers we
found that one of the reason for this is its High price and also because of less margin
of dealers compared to LG and . LG is doing well in this segment because from time
to time it comes with some special offers and schemes for Sub Dealers. Then comes
Godrej. Sub dealers are satisfied with its quality but it targeting only particular end
segment thats the reason it falls fourth in the list. Videocon, Sansui and Phillips are
not in the overall priority list of sub dealers
Respondents
Market share
Samsung
LG
Whirlpool
Onida
Videocon
Others
12
10
8
6
3
1
30%
25%
20%
15%%
7.5%
2.5%
Interpretation:
As we talk about whirlpool than it found that whirlpools self push strategy work very
effectively so dealers have to do less effort to push product and whirlpool system give
48
force manually so dealer like it .Most of the sub dealers found schemes and offers of
Samsung and LG as best but others is not far behind and in the areas but one of the
reasons for sub dealers apply push strategy for the brand LG is because of its offers
given to sub dealers.
Respondents
Results
LG
Whirlpool
12
6
30%
15%
Samsung
20%
Onida
10
25%
Others
10%
Interpretation:
According to the findings the maximum profit given to the dealers who deal with LG
Samsung and Others then it is followed by whirlpool. Profit plays a very important
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part to push dealers to sell the products because Indian market is a price sensitive
market which is a very important factor.
Influencing
Quality
35%
Price
30%
Brand name
20%
Schemes/offer
10%
Service
5%
Interpretation:
At sub Dealers it is found that quality is the most important for consumers but at this
segment price also plays a major role. This becomes more so evident when we look at
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the market position of Toshiba in this segment. Despite of better quality Toshibas
market share is not that huge because of it is high price. Brands image is at par with
price and the products of Whirlpool, Samsung, LG and Toshibas quality are never in
question. While talking to dealers we came to know that now trend is changing and
more and more customers are also concerned about the after sales services that they
expect.
CHAPTER - IV
FINDINGS
Over all, dealers are more attracted to LG and Samsung because of the
schemes and promotional activity are more compared to Whirlpool or any
other operating brands.
Dealers influence the customers in many ways like brand name, quality, price,
schemes and services.
Whirlpool works in different way and its unique way to work help it to stand
at position in market..
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Chapter V
Conclusions
The dealers prefer keeping international brands like LG, Whirlpool and
Samsung.
According to the finding LG is the market leader with highest share in
consumer durables and while Whirlpool is global leader in washing machine
market.
Whirlpool, LG and Samsung products are well known and aware among the
dealers.
Mostly customers are not aware of many brands, but in this case dealers try to
promote the brand on basis of high profit margin and volume of inventory.
Dealers in Pune are in favor to sell LG and Samsung products because these
provide high margin although whirlpool sold equally to them.
Whirlpool products have earned a fair amount of goodwill in the eyes of the
dealers of modern trade and shop in pune.
Samsung leads in CTV and air conditioner where as LG leads in micro oven
and Whirlpool leads in refrigerator and washing machine.
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The Dealers of Whirlpool products are satisfied but there is always a scope
of improvement.
Chapter VI
Recommendations
To have a good relationship with dealer and the sub dealer so that that they
feel more important to the Whirlpool as an organization.
Dealers must have the complete knowledge of the product. So that they can
train their staffs about the products so that they can also assist customers.
The company should give a good amount of profit margin to their dealers so
that they are attracting towards the products.
The value of loyalty points among the dealer could be increased if possible. It
will
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BIBLIOGRAPHY
1) Whirlpool Manuals
2) Marketing Management- Philips Kotler
3) Marketing Research- Kothari
4) www.whirlpoolindia.com
5) www.indianinfoline.com
6) www.compareindia.com
7) www.ebuyguru.com
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Annexure
Questionnaire
Information about Dealer:
Name:
Address:
City & State:
Phone No:
Area:
1. Display.
Water Purefresh: a) Whirlpool
Refrigrator: a) Whirlpool
b) Kent
b)Videocon
c)Philips
c)LG
d) Samsung
c)LG
b) Videocon
a) Whirlpool
d)Aqua sure
c)LG
b)Voltas
c)LG
e)Forbes
f)others
e)Electrolux
f)others
d) Samsung
d) Samsung
e)Onida
e)Onida
f)Others
f)Others
d) Samsung e)Onida
f)Others
b) LG..
d) Phillips.
e) Godrej..
g) Samsung
h) Others
c) Videocon.
f) Onida.
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b) LG
c) Samsung
d) Godrej
e) Others
b) Pricingrank
c)
d) Quality..rank
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b) LG
e) Samsung
c) Videocon
f) Godrej