2. EXECUTIVE SUMMARY
The project report Market Research on “Advertising and Brand Image of
consumer Electronic Companies and its impact on sales of a brand” is based on
live experience of work and market research. The project research was carried out
in the tenure 2 months in June and July with Samsung India Electronics Pvt Ltd
under the guidance of Ms. R. Meenakshi.
The main objective of this study was to study the advertising policies of the
Consumer Electronics brands. Also the branding policies of the various companies
have also been studied and its effect on the sales of the product has been analyzed.
The data collected during the project was both primary and secondary in nature.
The primary data was collected by direct interaction with the dealers and the
costumers and also by observation. The secondary data was collected from
sources like the internet, reference books, company magazines etc. data was also
collected with the help of a questionnaire and personal interviews.
From the analysis we can conclude that advertising and branding pal defining
roles in any company strategy. These are two essential tools that have to be used
in order for the company to excel in the sales.
The main objective of the research was to find the preference given to different
brands by the dealers and the costumers. Also the response to the various
advertising strategies and branding policies was also studied. With the help of
these responses we were able to study the brand preferences.
With the help of the questionnaire and with observation we were able to find out
the display share of Samsung in the market for various products. This display
share is of great importance. This is so because when you enter a shop if you have
the maximum display share in a shop the customer is naturally intimidated and it
will tend to affect his decision in favor of the particular product.
3. Hence it becomes more important to have proper branding inside as well as
outside the shop in order to gain the attention of the customer.
The promotion offers were also studied. Samsung as a company has evolved a
great deal and has risen to the No-2 position in the consumer electronics and the
home appliances market. However LG is still ahead of Samsung and there is
constant competition between different brands to reach the top spot. So the
companies must be constantly alert. Also they must revise their strategies
according to the market situation. The strategies must be dynamic in nature to
adapt to the constant changing market situation.
After studying the market we come to the conclusion that there is more space for
Samsung to expand in this market. They must remain dynamic in their approach to
see to it that they gain the number 1 spot. Also more emphasis must be given to
the after sales service and to the advertising strategies.
5. COMPANY PROFILE
SAMSUNG INDIA ELECTRONICS PVT.LTD:
Digital technology leader, Samsung India Electronics Pvt. Ltd., a subsidiary of
the US$55.2 billion recognized as one of the fasted growing brands.
HISTORY OF SAMSUNG:
Byung Chull Lee founded Samsung on the 1st. of March 1938; His history has
been characterized for the constant advances of the conquest of new
challenges. Samsung has been an important force in the development of the
Korean people and finds itself today as a solid base being Korea’s most
important corporation. Samsung Electronics Co., ltd is a global leader in
semiconductor, telecommunication, digital media, and convergence
technologies. Employing approximately 201,000 worlds wide in 337 offices
and facilities in 58 countries the company consists of five main business units.
Digital Appliance Business
Digital Media Business
LCD Business
Semiconductor Business
Telecommunication Network Business.
The company is world’s largest producer of memory chips, TFT-LCDs, CDMA
mobile phones, monitors, and VCRs.
6. SAMSUNG IN INDIA:
Samsung entered in India in December 1995. Within a span of 10 yrs, Samsung
India Electronics Ltd. (SIEL) is recognized as a leader provider of high tech
Consumer Electronics and home Appliance Products in the country. IT has a
market share 14.4% in the highly competitive color TV market in India and
holds the 2nd
position in Flat Television category. It holds significant market
share in the Frost-free Refrigerators (11.5%), Washing Machines (13%).
Samsung Electronics is a leading provider of high tech Consumer Electronics,
Home Appliance, IT, and Telecom Products in the country. It’s the world’s
largest producer of color monitor TVs, memory chips and TFT-LCDs.
Samsung India has set up manufacturing facilities for Color Televisions,
Washing Machines, Refrigerators, and Microwave Ovens and Air Conditioners.
All the facilities are located at its Manufacturing Complex at Noida, Uttar
Pradesh. The company set up software Technology Park for Digital Visual
Display Products at Noida in the year 2002
7. SIGNIFICANCE OF SAMSUNG:
Samsung signifies three stars, each of the stars means:
To serve the nation throughout business.
To put the Human Resource over the material resources.
Efficient Management Activity.
SIGNIFICANCE OF SAMSUNG EMBLEM:
Samsung’s emblem pretends to project the firm’s determination to become a
world leader; its bluish color suggests stability and liability in an intimate
feeling of warmth. The elliptic shape symbolizes movement through space
combining an image of innovation and change. The partial letter S and G break
out the oval to connect the interior with the exterior, showing Samsung’s desire
to become with the world together as one.
VISION OF SAMSUNG:
Samsung India’s 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, Samsung 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. In line with Global Digital initiatives of Parent Company, Samsung
India is seeking to acquire digital leadership in India by introducing its digital
products in India
8. MISSION OF SAMSUNG:
Ever since it was founded in 1938, SAMSUNG has continually refined its
mission statement to respond both to change in itself and in the world:
“Economic contribution to the Nation,” “Priority to Human Resources,”
“Pursuit of rationalism.”
QUICK VIEW OF SAMSUNG:
Founded: 1938
Chairman (since1987): Kun-hee Lee.
Vice Chairman& CEO: Jong Yong Yun.
Founder: Byung-Chull Lee (1910-1987)
Headquarters: Seoul, South Korea
Global Operations: 337 offices and facilities in 58 countries
Number of Employees: 201,000 worldwide (129,000 in Korea)
Number of listed companies within the group: 14
Listed Companies are:
Samsung Electronics Co., Ltd
Samsung SDI Co., Ltd.
Samsung Electro-Mechanics Co., Ltd.
Samsung Techwin Co., Ltd.
Samsung Heavy Industries Co., Ltd.
Samsung Chemicals Co., Ltd.
Samsung Fire & Marine Insurance Co., Ltd.
Samsung Securities Co., Ltd.
Samsung Corporation.
Samsung Engineering Co., Ltd.
9. SAMSUNG A FORTUNE 500 COMPANIES:
Recognized as one of the fastest growing global brands Samsung electronics is
the world’s largest producer of Color Monitor, Color TV, Memory chips.
Samsung India Electronics Ltd (SIEL), a subsidiary Samsung Electronics
Company Ltd (SECL) of South Korea, started its operation in 1995.
Samsung has number two position in Flat TV category and frost free
Refrigerators.
AWARDS FOR SAMSUNG:
Manufacturing Value Innovation awards-
Gold awards for Productivity, cost, speed at the visual display plant
Nov. 2004.
Management Innovation awards- Dec 2004.
Samsung Quality Awards - Nov. 2004 for Color TV and Color monitor
plants.
Samsung Innovation Awards - Nov. 2004 for refrigerator pla
10. PRODUCT LINE
MOBILES IT PRODUCTS HOME APPLIANCES CONSUMER
ELECTRONICS
>GSM >MONITORS >MICROWAVE OVEN >TV
>CDMA >HARD DISK >AIR CONDITIONER >DVD
PLAYER
DRIVE >WASHING MACHINE
>CAMCORDER
>CD/DVD ROM >REFRIGERATOR >AUDIO
>CD/DVD WRITER >HOME
THEATRE
>LASER PRINTER > MP3
PLAYER
>& LASER BASED >DIGITAL
STILL
>MULTIFUNCTION CAMERA
>PRODUCTS
>FAX
NEW TECHNOLOGY INTRODUCED BY SAMSUNG:
DIGITAL NATURAL IMAGE ENGINE (DNIe):
Presenting Samsung DNIe vision an unprecedented revolution in visual
entertainment. As the global digital technology leader, Samsung has redefined the
frontiers of technology to set a new standard. The technology helps in clarity of
pictures and motion clarity.
11. Samsung DNIe vision has four remarkable engines: -
a. Color Engine
b. Contrast Engine
c. 3D Motion Engine
d. Detail Engine
Color Engine:
Samsung DNIe vision’s color engine analyses the color
across various parameters and achieve the right saturation of red, green and
blue to give the perfect picture. This makes it possible for Samsung DNIe
vision to reproduce perfect skin tones and white of remarkable clarity.
b. Contrast Engine:
The DNIe contrast engine automatically analyzes up to
70,000 local images within a frame leading to blacker blacks and whiter
whites. This revolutionary digital approach to achieve contrast details results
in a picture rich in contrast even in the tiniest details.
c.
3D Motion Engine:
Samsung DNIe visions innovate 3D engine, uses advanced algorithms
to eliminate noise and blurring without the slightest damage to the original
signal. This helps in crystal clear pictures with all the details.
d. Detail Engine:
12. Samsung DNIe vision automatically analyses the portion of the
signal to be amplified, detecting and reprocessing any noise or defect to
reproduce natural details.
ABOUT LED AND PLASMA TV:
LED TV & Plasma TV are two competing technology trying to achieve
similar things i.e., crystal-clear, color-filled pictures. They also come in similar
packages i. e., super-model thin cases.
Plasma technology incorporates hundreds of thousands of individual pixel
cells, which allow electric pulses to excite rare natural gases (usually xenon and
neon). This causes the pixel cells to glow, and thus produce light with proper
color.
In a LED TV, a matrix of Thin Film Transistors (TFTs) supplies voltage to
liquid-crystal-filled cells that are sandwiched between two sheets of glass. When
hit with an electric charge, the crystals untwist to an exact degree to filter white
light generated by a lamp behind the screen, thus creating the picture.
PRODUCTION SAMSUNG IMPLEMENTS SIX SIGMA PRINCIPLES:
In New Delhi 13 July 2001 Samsung India has successfully implemented Six
Sigma Principles in production at its Noida CTV Manufacturing Facility. The
Project initiates in the areas of production, Production Engineering and Quality
Assurance in January 2001 has resulted in reducing the Operating Loss and
Balance Loss of CTV Production line by over 60% and reducing the defect rate of
Auto Insertion Machines by over 80% measured in ppm. . There by in resulting in
significant reduction in production loss time, quality improvement, and cost
saving for the company. The idea was to launch Six Sigma Campaign at the grass
root level in the Company. So that the Six Sigma methodology is used to analyze
and solve the production related problems systematically and the process variation
13. are significantly reduced. 10 New Project in the area of Production Engineering
Quality Assurance and Purchase have been selected for Six Sigma Implementation
this month. According to Mr. Y. B. Yoo, V.P-Manufacturing, Samsung India,
“We are applying Six Sigma Methodologies to improve our existing processes and
practices in production and achieving even higher quality levels in our
manufacturing processes. Thus, for better Quality Management of our system and
processes, choosing the right Operating Mechanism and applying the right tool is
the key to our success in implementation of Six Sigma Principles. “For better
understanding of Six Sigma and its successful implementation, Samsung India had
sent its key employees in Production /Production Engineering and Quality to
Samsung Malaysia for 5 month training Programmed being organized by
Samsung Electronics, Korea thought Specialists in the field. Samsung
representative from other subsidiaries like Malaysia, Indonesia, and Vietnam also
attended this Programmed. This programmed was being carried out in 5 phases of
Define (problem area) Measures (Current situation and prioritize), Analyze
(Related Problems) Improve (Implementation Step and data analyze) and control
(Develop and implement control plans, confirm that solution is sustained), with
training and actual implementation being packaged together. According, each
Samsung India representative in this Programmed had identified a Specific
Problem in his work area where he/she would make Quality Improvement by
reducing the defect, measured in ppm (part per million). In addition to the Six
Sigma Implementation Programme, Samsung India has taken a challenge at its
CTV manufacturing at Noida to sextuple its production levels, that is, achieve
maximum production of 4000 CTV set/day. Samsung India is targeting
production of 800000 CTVs in the year 2001 compared to 6000000 CTV
produced in year 2000. Samsung India is the first overseas Samsung subsidiary
outside of Korea to have installed a TGV Line for CTV Production. Samsung
invested US$2 million towards the installation of high speed High Quality
Production Line. “Productivity improvement entails both Hardware
improvements as well improving the Skills of our Operators through Training.
Thus while Hardware is being improved through TVG Line
installation,integrating machines with existing line. Machines re-programming etc,
in order to motivate operation we have introduced a ‘Star Operator Scheme’ in our
Manufacturing Facility’ state Mr. Yoo. Under this Scheme, the
14. Incentives/Benefits of an Operator are linked with their Job knowledge. Job
rotation of operators and development of Butterfly Operators is another activity
that is being carried out to improve productivity.
List of Abbreviations
FF- Frost Free
DC-Direct cooling
POP- Point of Purchase
CTV- Colour Television
GSB-Glow Sign Board
ISB- In shop Branding
16. OBJECTIVES OF THE STUDY
Survey was undertaken on the following objectives.
To find out an image of a brand.
To compare the advertising policies of the companies.
To find out the impact of advertising and brand image on sales.
To examine the reason why dealers are interested to sell a particular
brand.
To make strategy to capture the total market.
To identify the company position in the market of consumer
electronics.
18. RESEARCH METHODOLOGY
Research methodology comprises of all research activities carried in
connection with the marketing management. Marketing research, systematic
analysis of the marketing problems, model building and facts finding for the
purpose of improvements in decision making and control in the marketing of the
products and services.
Research methodology may be understood as a science of studying how
research is done scientifically. To plan research project, it is necessary to
anticipate all the steps that must be undertaken if the project is to be completed
successfully. These steps are often collectively referred collectively as research
process.
Research methodology states the study undertaken to complete the project. It
includes specification of:
RESEARCH METHODOLOGY
SOURCES OF DATA
COMPLETION OF DATA
SAMPLING PLAN
RESEARCH DESIGN
A research design is simply a framework or plan for study that is used as a
guide in collecting and analyzing the data. It is a blue print that is followed in
completing the project.
19. The research design specifies the methods and procedures for acquiring the
information needed. It is overall operation pattern or framework of the project that
stipulates what information is to be collected from which sources and by what
procedures.
There may not be single, standard and correct method of research. There
may be different types of research design to suit different purpose of research.
There are various types of research design. They are:
o Exploratory Research
o Descriptive Research.
Depending upon the objective of research, marketing research design is selected.
According to the research objective I plan to choose exploratory research.
EXPLORATORY RESEARCH
The major emphasis of exploratory research is to extract new insight into the
problem. This research will help to know some facts about other people
preferences and choice.
It helped me in knowing the following information:
o What are the preferences of people towards purchasing the
television of a particular brand?
o How they rate a certain brand?
o How effective are the advertising activities carried out by the
brands for its sales?
20. SOURCES OF DATA
The next step is to gather information. There are two types of data. They are:
PRIMARY DATA
SECONDARY DATA
PRIMARY DATA
First of all, all the sources of primary data from various sources
should be explored and examining the possibility of their use for study.
In many cases the data may not be inadequate or unusable and therefore, may
realize the first hand information.
There are two methods by which primary data can be collected. They
are:
Observation method
Communication method
OBSERVATION METHOD
Observation is one of the methods of collecting data. It is used to get both past and
current information. For example, instead of asking responder about their current
behavior, we may observe the result of such behavior.
The observational method is not used frequently. All the same it is used
especially in marketing experimentation.
21. COMMUNICATION METHOD
This method is very popular. The method is used for the project study.
Advantages:
It helped in correcting not only factual data in terms of demographics
but also attitude and opinions.
The recorded data is more reliable and valid.
It is less time consuming and less expensive than observation method.
SECONDARY DATA
Any data, which has been gathered for some other purpose, is the secondary
data in the hands of research.
Advantages
The major advantage in the use of secondary data is that it is more
economical, as the cost of collecting original data is saved.
It saves much of the time of the researcher. This leads to prompt
completion of the project.
Search for secondary data is helpful, not only because secondary data
may be useful but because familiarity with such data indicates the
deficiencies and gaps. As a result the primary data can be collected
more specifically and more relevant to the study.
Finally the secondary data can be used as basis for comparison with
primary data.
22. COLLECTION OF DATA
Primary Data:
It involves two aspects. The techniques and tools that are used in collecting
data are as follows;
Techniques
There are two techniques of collecting primary data
Observation
Survey
Secondary Data
The secondary data is collected from various business newspapers and
websites, journal and various magazines. The secondary data gave me brief
overview of the current market situation, the history of the company and the
sales figures of the latest quarter.
RESEARCH INSTRUMENT
In this project most of the data and information collected are in the form of
primary data, so the references and the contacts are very useful instrument
in such data collection.
Here unstructured questionnaire was used which was not pre-decided
depending upon the certain customers and it included both open-ended and
close-ended questions.
23. SAMPLE PLAN
Sample plan is very much important for a research; after deciding on sample
instrument and research approach, sampling plan calls for following
decision.
Sample unit
This is very important for a research to decide as to who is going to be
surveyed, or what the sample unit is. In this research different category of
people, dealers were targeted to gather correct and reliable information.
Universe
The universe of the research here were the people and dealers of Akluj from
different areas.
Contact Method
The sample method used here was personal visit. This is the oldest and most
commonly used method of marketing research. Naturally it could work out
more accuracy.
Here the unstructured and indirect type of personal question method is used.
The response is then direct and limited to the question framed in the
questionnaire which researcher’s record simultaneously.
Sample Size
The sample size in this research was:
200 customers. ({100 customers < Age 40} + {100 customers >
Age 100})
5 branch offices of 5 companies.
50 dealers.
24. Target Market:
Research is limited for Malshiras city & Akluj area. City of Akluj is divided into
08 areas as:
1. Akluj Area
2. Mahaveer Chowk Area
3. Gandhi Chwok Area
4. Pratap Singh Nagar Area
5. Yashwantnagar Area
6. Sadubhau Chowk Area
7. Vijay Chowk Area
8. Sangram Nagar Area
26. Table No-1
Most Favored Brand According To Sub Dealers
1-a) Refrigerators
Most Favored Brand of Refrigerator
8
16
18
8
0
2
4
6
8
10
12
14
16
18
20
Series I
Series I 16 18 8 8
Samsung L.G Whirlpool Electrolux
Explanation: -
This table shows the preference of brand as shown by the sub
dealers in the city. The sample size for dealers is taken to be 50.
Finding: -
It was found that Samsung is at the 2nd
position as far as brand
preference for refrigerators goes. 16 out of 50 dealers say that Samsung is the
most favored brand compared to 18 out of 50 dealers preferring LG as the best
brand.
27. 1-b) Microwave Oven
Most Favored Brand of MicroWave Owen
15
9
7
19
2
4
6
8
10
12
14
16
18
20
Series I
Series I 15 9 7 19
Samsung L.G Electrolux Kenstar
Explanation: -
This table shows the preference of brand as shown by the sub
dealers in the city. The sample size for dealers is taken to be 50.
Findings: -
We find that Kenstar is the leader in this segment with Samsung
following in the second position. 15 out of 50 dealers give Samsung the first
preference as a brand of microwave.
28. 1-c) Air-Conditioner
Most Favored Brand of Air Condition
8
16
7
6
10
5
0
2
4
6
8
10
12
14
16
18
Series I
Series I 8 16 7 6 10 5
Samsung Carrier L.G Godrej Onida Videocon
Explanation: -
In this graph we see the display share of Air conditioners in the
city.
Findings: -
In Air Condition market there are many players in the market so
there is Cut Throat Competition in this particular product. Most favored brand in
the eyes of Sub Dealer is CARRIER and ONIDA because of the Quality and
various other benefits given to Sub Dealers. Rest all follows them.
29. 1-d) Washing Machine
Most Favored Brand of Washing Machine
7
9
6
8
0
1
2
3
4
5
6
7
8
9
10
Series I
Series I 7 9 6 8
Samsung L.G Whirlpool IFB
Findings: -
In Washing Machine there are many players in the market so there is
strong Competition in this particular product. Most favored brand in the eyes of
Sub Dealer is LG and IFB because of the Quality and various other benefits given
to Sub Dealers. SAMSUNG follows at the third spot. Rest all follows them.
30. Table No. 02
Title: - Market display share of total Televisions of 21’’
Brand Units Percent
LG 232 21%
SAMSUNG 209 20%
ONIDA 123 11%
VIDEOCON 130 12%
SONY 156 15%
OTHERS 221 21%
TOTAL 1071 100%
21%
20%
11%12%
15%
21% LG
SAMSUNG
ONIDA
VIDEOCON
SONY
OTHERS
Source: Survey
Explanation: -
The above table represents the market display share of televisions of
21’’. The total number of units is 1071.
31. Finding: -
In the market of televisions of 21’’, Samsung is at No. 2 position. LG is
the market leader in this segment. Other brands like Sony and Videocon
follow. However the data is biased to some extent, as it does not give a very
accurate picture of the market situation. We consider both flat TV as well as
TV’s with concave glasses in this research. However if we were to consider
only the Flat TV’s we find that Samsung is the market leader in this segment
for 21” as well as 29”.
Thus the brand image of Samsung is the second strongest.
32. Table No. 03
Title: - Market display share of total Televisions of 29’’
Brand Units Percent
LG 121 23%
SAMSUNG 102 18%
ONIDA 85 16%
VIDEOCON 51 11%
SONY 89 16%
OTHERS 97 16%
TOTAL 545 100%
29''
23%
18%
16%11%
16%
16%
LG
SAMSUNG
ONIDA
VIDEOCON
SONY
OTHERS
33. Explanation: -
The above table shows the market display share of the televisions of
29’’. The total numbers of units are 545.
Finding: -
From the above graph it is clear that LG is leading in the market of
televisions of 29’’. Its market share is 22% to that of Samsung’s 18%. However
the data is biased to some extent, as it does not give a very accurate picture of the
market situation. We consider both flat TV as well as TV’s with concave glasses
in this research. However if we were to consider only the Flat TV’s we find that
Samsung is the market leader in this segment for 21” as well as 29”
Table No. 04
Title: - Market display share of total LCD’s/Plasma
Brand Units Percent
LG 54 15%
SAMSUNG 91 26%
ONIDA 25 7%
VIDEOCON 44 13%
SONY 54 15%
OTHERS 83 24%
TOTAL 351 100%
34. Source: Survey
Explanation: -
The above table shows the market display share of the LCD’s and
Plasma’s. The total numbers of units were 351.
Finding: - From the above graph it is clear that Samsung is leading in the
market of LCD’s/ Plasma with 26% followed by LG – 15%, Sony – 15% and
Videocon – 13%.
25%
16%
7%13%
15%
24%
LED/Plasma
LG
SAMSUNG
ONIDA
VIDEOCON
SONY
OTHERS
35. Table No. 05
Title: -Market display share of total Televisions/LED/Plasma
Brand Units Percent
LG 449 23%
SAMSUNG 410 17%
ONIDA 237 12%
VIDEOCON 245 13%
SONY 284 15%
OTHERS 394 20%
TOTAL 1933 100%
Source: Survey
Explanation:-
The above table shows the overall market display share of the televisions,
LED’s and Plasma’s. The total numbers of units are 1933. There are five major
Overall
23%
17%
12%13%
15%
20%
LG
SAMSUNG
ONIDA
VIDEOCON
SONY
OTHERS
36. players in the market of TV/LED/Plasma namely Samsung, LG, Sony, Videocon
and Onida.
Finding: -
From the above representation it is very clear that in the market of
TV/LED/Plasma, Samsung is enjoying No. 2 position with its display share being
17% and the market leader is LG with 23%. Videocon share is 13%, Sony with
15%, Onida 12% while the others sum up to 20%.
Thus we can analyze the brand image where LG has strongest compared to
Onida having lowest.
37. Table No-06
Title: - Market share of total Television/LED/Plasma
Internet
28%
17%
9%10%
10%
26%
LG
SAMSUNG
ONIDA
VIDEOCON
SONY
OTHERS
Source: Secondary Data from the Internet
Explanation: -
As per the Internet sources these are mainly five major players of
TV/LED/Plasma in the market in descending order as LG, Samsung, Sony,
Videocon, and Onida. Thus we can analyze the brand image from the diagram
above.
Finding: -
From the above graph it is clear that Samsung is enjoying No. 2 position
along with Sony where LG is at the top. Thus the brand image of LG is the
strongest. Thus the relevance of survey can directly be compared with this data.
38. Table No-07
Market display share of Refrigerators
Explanation: -
This is the market display share of refrigerators in Akluj. In this we consider all
types of refrigerators like FF, DC etc.
Finding: -
In terms of display of Refrigerator (FF) among various sub dealers it is found that
L.G occupies the major share and in other models Samsung occupies major share.
And others are overall equal. Display of a particular product or brand is done for
two reasons
1. To push that product for sales
2. To attract customer.
Display Of Refrigerator of diffrent Brands
2 0 0 0 00 0 0 0
49
77
54
12
24
27
5
29
32
37
0
0
10
20
30
40
50
60
70
80
90
No.ofRefrigerator
Frost Free
Direct Cooling
Sise by Side
Bottom Freezer
Frost Free 49 77 24 12 54
Direct Cooling 37 32 29 5 27
Sise by Side 2 0 0 0 0
Bottom Freezer 0 0 0 0 0
Samsun
g
L.G
Whirlpoo
l
Electolux Other
39. Table No-08
Market display share of Microwave oven
Display Of MiroWave Oven
19
18
25
8
10
21
11
15
6
13
15
12
21
4
5
0
5
10
15
20
25
30
No.OfRefrigerator
Solo
Grilled
Convection
Solo 19 18 25 8 10
Grilled 21 11 15 6 13
Convection 15 12 21 4 5
Samsung Kenstar L.G Electrolux Other
Explanation: - This is the market display share for microwave ovens. It
includes solo ovens, grilled ovens and oven with convection technology.
Finding: -
It is found that LG is ahead of Samsung in display when it comes to Microwave
(solo). While other models of different Brand are almost at equal level for
Display.
40. Table No-09
Market Display Share of Air Conditioners
Display of Air Conditioners
13
2
9
3
8
0 0
6
2
5
2
0
2
1
0
2
4
6
8
10
12
14
No.ofAirConditions
Split
Window
Split 13 2 9 3 8 0 0
Window 6 2 5 2 0 2 1
Samsung Carrier L.G Godrej Onida Videocon Others
Explanation:- This graph explains the market display of air conditioners(both
split and window A/C’s.
Findings: -
It is found that Samsung is ahead of LG and other brands in display when it comes
to Air conditioners. While Other Product and Brand all are almost equal.
Table No-10
41. Market Display Share of Washing Machines
Explanation: -This shows the display market share of semi as well as fully
automatic washing machines.
Findings: -
It is found that LG is ahead of Samsung in display when it comes to Washing
Machine (Fully Automatic). While for other model (semi automatic) Samsung is
ahead.
Display Of Washing Machine
50
58
20
37
21 21 22
9
4
25
0
10
20
30
40
50
60
70
NoofWashingMachine
Fully Automatic
Semi Autimatic
Fully Automatic 50 21 58 20 37
Semi Autimatic 25 4 21 9 22
Samsung IFB L.G Whirlpool Others
42. Table No. 11
Title: - ADVERTISING ACTIVITIES {According to the Dealers
(50)
Activities No. Of Dealers.
TV
Commercials LG SAMSUNG ONIDA
VIDEOCO
N SONY
Excellent 8 6 5 3 3
Good 22 20 18 12 11
Fair 12 18 18 26 24
Poor 8 8 9 9 10
Total 50 50 50 50 50
Outdoor
Activities LG SAMSUNG ONIDA
VIDEOCO
N SONY
Excellent 15 10 7 11 9
Good 25 20 12 19 16
Fair 7 15 21 13 14
Poor 3 5 10 7 11
Total 50 50 50 50 50
Press
Ads/Magazines LG SAMSUNG ONIDA
VIDEOCO
N SONY
Excellent 12 15 2 4 8
Good 24 25 14 19 21
Fair 9 7 21 16 11
Poor 5 3 13 12 10
Total 50 50 50 50 50
43. Explanation: -
The following are the responses of the dealers regarding the
advertising activities carried out by the various companies. The total number
of dealers is 50. The responses regarding TV commercials, Outdoors
activities, and Press/Magazine advertisements are taken in category of
excellent, good, fair, and poor.
Finding: -
From the above chart it is clear that according to most of the dealers
the advertising activities carried out by Samsung and LG are far more
positive as compared to the other brands.
For TV commercials 30 out of 50 dealer’s response for LG is
Excellent/good compared to that of Samsung with 26 out of 50 dealers.
Similarly for outdoor activities only 30 out of 50 dealer’s response for
Samsung is positive as compared to that of LG (40 out of 50 dealers).
In terms of press/magazine advertisements the Excellent/good
response of the dealers is, 40/50 for Samsung, 36/50 for LG, 29/50 for Sony,
23/50 for Videocon, and 16/50 for Onida.
44. Table No- 12,13and 14
Title: - ADVERTISING ACTIVITIES {According to the
customers (200)
Table No. 12
Activities No. Of Customers
TV
commercials
LG Samsung Onida Videocon Sony
Excellent/Good 82 43 78 81 82
Fair/Poor 118 157 122 119 118
Total 200 200 200 200 200
Table No. 13
Activities No. Of Customers
Outdoor
Activities
LG Samsung Onida Videocon Sony
Excellent/Good 115 101 65 84 122
Fair/Poor 85 99 135 116 78
Total 200 200 200 200 200
Table No. 14
Activities No. Of Customers
Press/
Magazine Ads
LG Samsung Onida Videocon Sony
Excellent/Good 139 142 99 117 128
Fair/Poor 61 58 101 83 72
Total 200 200 200 200 200
45. Explanation: -
The following are the responses of the customers regarding the
advertising activities carried out by the various companies. The total number
of customers is 200. The responses regarding TV commercials, Outdoors
activities, and Press/Magazine advertisements are taken in category of
excellent/good, and fair/poor. Table no. 07 represents responses regarding the
TV commercials, table no. 08 regarding outdoor activities and table no. 09
regarding press/magazine advertisements.
Table No. 12
0%
20%
40%
60%
80%
100%
LGSam
sung
O
nidaVideocon
Sony
TV Commercials
Excellent/Good
TV Commercials
Fair/Poor
Table No. 13
0%
10%
20%
30%
40%
50%
60%
70%
LG
Sam
sung
O
nida
Videocon
Sony
Outdoor Activities
Excellent/Good
Outdoor Activities
Fair/Poor
46. Table No. 14
Finding: -
As this is the slack period of television sales most of the customers
do not come across TV commercials of various brands. However outdoor
activities and press/magazine advertisements show decent response.
Samsung and LG out cast all the other brands in almost all the
activities.
0%
20%
40%
60%
80%
LG
Sam
sung
O
nida
Videocon
Sony
Press
Ads/Magazines
Excellent/Good
Press
Ads/Magazines
Fair/Poor
47. Table No. 15
Title: - ADVERTISING ACTIVITIES {Based upon Observations}
Brand Dealers Out Of 50
LG 32
SAMSUNG 31
ONIDA 10
VIDEOCON 16
SONY 13
OTHERS 9
Source: Survey
32
31
10
16
13
9
0 10 20 30 40
Dealers
LG
SAMSUNG
ONIDA
VIDEOCON
SONY
OTHERS
-
Explanation:
48. This is how the dealers highlight a particular brand in their
showrooms. Total number of dealers is 50.
Finding: -
31 Dealers out of 50 highlight Samsung in their showrooms while
32 dealers out of 50 highlight LG in their showrooms.
Table NO-16
Factors On, which Brand is recommended by Sub dealer to
Customer.
49. Factors on which Brand is recomended by Sub Dealer to
customers
8
7
9
0
2
4
0
1
2
3
4
5
6
7
8
9
10
Series I
Series I 8 7 9 0 2 4
Brand Name Pricing
After Sales
Service
High Margin
To Sub
Dealer
Schemes/Of
fers
Fast
Movement
Of
Findings: -
From the graph it is seen that most of the Sub dealers prefer to sell LG
followed by Samsung. Main reason given by them for that is high quality and
brand image of the company.
50. Table No-17
Title: - Sale figures of TV’s for of the previous quarter. (April,
May, June)
Brand Units Percent
LG 9982 28%
SAMSUNG 10046 28%
ONIDA 4563 13%
VIDEOCON 5071 14%
SONY 6028 17%
TOTAL 35690 100%
51. 9982 10046
4563
5071
6028
0
2000
4000
6000
8000
10000
12000
Sales
Units 9982 10046 4563 5071 6028
LG
SAMSU
NG
ONIDA
VIDEO
CON
SONY
Source: Secondary Data collected from branch offices
Explanation: -
The above table represents the sale figures of the various brands of TV’s
of the previous quarter (April, May, June). These figures are primary sale figures
given by the branch offices of each brand.
Finding: -
We can clearly make out the impact of advertising activities and brand
image on the sales. As the activities of Samsung and LG totally outcast its other
competitors the sale figures too report the same.
53. FINDINGS AND CONCLUSIONS
In the market of televisions of 21’’, Samsung is at No. 2 position giving
competition to LG.
Thus the brand image of Samsung is the Second strongest.
(With reference to Table No. 02, page no. 27)
From the graph it is clear that LG is leading in the market of
televisions of 29’’. Its market share is 22% to that of Samsung’s 18%.
(With reference to Table No. 03, page no. 29)
From the graph it is clear that Samsung is leading in the market of
LCD’s/ Plasma with 26% followed by LG – 15%, Sony – 15% and
Videocon – 13%.
(With reference to Table No. 04, page no. 31)
From the above representation it is very clear that in the market of
TV/LCD/Plasma, Samsung is enjoying No. 2 position with its display
share being 13% and the market leader is LG with 23%. Samsung’s
share is 17%, Sony with 15%, Onida 12% while the others sum up to
20%.
Thus we can analyze the brand image where LG has strongest
compared to Onida having lowest.
(With reference to Table No. 05, page no.32)
From the graph it is clear that Samsung is enjoying No. 2 position. LG
is at the top. Thus the brand image of LG is the strongest. Thus the
relevance of survey can directly be compared with this data.
54. (With reference to Table No. 05, page no. 32)
From the chart it is clear that according to most of the dealers the
advertising activities carried out by LG and Samsung are far more
positive as compared to the other brands.
For TV commercials 30 out of 50 dealer’s response for LG is
Excellent/good compared to that of Samsung with only 26out of 50
dealers.
Similarly for outdoor activities 30 out of 50 dealer’s response for
Samsung is positive as compared to that of LG (40 out of 5o dealers).
In terms of press/magazine advertisements the Excellent/good
response of the dealers is, 40/50 for Samsung, 36/50 for LG, 28/50 for
Sony, 23/50 for Videocon, and 13/50 for Onida.
(With reference to Table No. 11, page no. 39)
56. SUGGESTIONS
1. Samsung must pay greater attention to increase their brand image.
Although Samsung conducts Branding and advertising activities
throughout the year it is not enough. This is because LG follows a
better strategy as a result they are a more preferred brand than
Samsung, however small the margin may be.
2. The company should improve the after sales service upto the
satisfaction of the dealers and sub dealers.
3. The company should also encourage the dealers to properly explain
the promotion schemes to the customers. In most cases it happens that
the dealers are not able to put forward the offer to the customer and
ends up confusing the customer. This affects the result of the offer and
in turn the sales of the company.
4. Advertising should be done at key places where people can see it.
Shops should also be properly instructed to brand particular
products.
5. The company should also see to it that advertising tools like posters,
banners are also available in the regional language along with English.
This will help the company to reach a larger number of people.
6. The company will also be benefited if they consider their pricing in
some segments like the LCD segment.
57. 7. As the product line expands the company must distribute information
regarding the new products with the help of pamphlets, posters etc.
This will make the dealers aware of the new products. Also such new
products should also be publicly advertised so that the customers
become aware of these products.
8. Promotional schemes should be such that they will benefit both the
dealer and the customer. This will cause the dealer to take proper
interest in the promotions schemes. Schemes like display contest can
be held for dealers to encourage them.
59. LIMITATIONS
Locating the target Sub Dealers of Samsung Electronics is very time
consuming.
Sample size is limited due to the limited period for survey.
The location of Sub Dealers to cover the various areas of the city is
tedious and time consuming.
Getting accurate response from the respondents due to their inherent
problem is difficult. They may be partial or refuse to cooperate.
Respondents may not be at shop and may have to re contact or replace
by others.
The study was limited to Akluj & Malshiras city only.
As the Survey reflects only one time frame of the Business year the
findings that we get may not stand for the whole year. Hence the
results are only for the time period from May-July and do not totally
reflect the annual performance of the company.
63. QUESTIONNAIRE FOR CONSUMER
Date----/----/---- Product: TV/LED/Plasma
1) Name Of The consumer:
Mr./Mrs.________________________________
2) Age: ______
3) Address:
_____________________________________________________
_____________________________________________
4) Which TV do you own?
a) LG g) Haier
b) Sansui h) Samsung
c) Akai i) Onida
d) Philips j) Videocon
e) BPL k) Sony
f) Toshiba l) Sharp
5) If you have to buy a TV, which brand will you prefer?
a) LG g) Haier
b) Sansui h) Samsung
c) Akai i) Onida
d) Philips j) Videocon
e) BPL k) Sony
f) Toshiba l) Sharp
64. 6) Advertising Activities: -
A) TV commercials: -
LG Samsung Onida Videocon Sony
Excellent
Good
Fair
Poor
B) Outdoor Activities: -
LG Samsung Onida Videocon Sony
Excellent
Good
Fair
Poor
C) Press/ Magazine Ads: -
LG Samsung Onida Videocon Sony
Excellent
Good
Fair
Poor
65. QUESTIONNAIRE FOR DEALER
Date----/----/---- Product: TV/ LCD/Plasma
1) Name Of The DEALER:________________________________
2) Area/ Address: _______________________________________
______________________________________
3) Observation: - Brands Highlighted
a) LG d) Videocon
b) Samsung e) Sony
c) Onida f) Others (___________)
4) Best Brand? As per Sales, Profit, Performance, Brand Image, Etc.
a) LG d) Videocon
b) Samsung e) Sony
c) Onida f) Others (___________)
5) Display Status:
TV LCD/Plasma
21’’ 29’’
LG
Samsung
Onida
Videocon
Sony
Sharp
66. Haier
Philips
Toshiba
BPL
Others
5) Last Month's Sale
TV LCD/Plasma
21’’ 29’’
LG
Samsung
Onida
Videocon
Sony
Sharp
Haier
Philips
Toshiba
BPL
Others
6) Current Schemes, if any, on any of the brands?
____________________________________________________
____________________________________________________
____________________________________________________
7) Do you recommend any particular brand to customers? Yes/No
Reasons: - ___________________________________________
___________________________________________
67. 9) Advertising Activities: -
A) TV commercials: -
LG Samsung Onida Videocon Sony
Excellent
Good
Fair
Poor
B) Outdoor Activities: -
LG Samsung Onida Videocon Sony
Excellent
Good
Fair
Poor
C) Press/ Magazine Ads: -
LG Samsung Onida Videocon Sony
Excellent
Good
Fair
Poor
68. 10) Display
a) Refrigerator
Frost-Free Direct
Cooling
Side by Side Bottom Freezer
Samsung
LG
Whirlpool
Electrolux
Others
b) Microwave Ovens
Solo Grilled Convection
Samsung
Kenstar
LG
Electrolux
Others
c) Air Conditioner
Spilt Window
Samsung
Carrier
LG
Godrej
Onida
69. Videocon
Others
d) Washing Machine:
Fully Automatic Semi Automatic
Samsung
IFB
LG
Whirlpool
Others
11) Most favored brand (rank wise)
Refrigerator Microwaves Washing
Machines
Air
Conditions
Samsung
Carrier # # #
LG
Godrej # #
Onida # # #
Videocon # # #
Whirlpool # #
Electrolux # #
Kenstar # # #
IFB # # #
12) Satisfaction with the schemes and offers (rank wise)
Samsung
Carrier
LG
70. Godrej
Onida
Videocon
Whirlpool
Electrolux
Kenstar
IFB
13) What do you look for? (Rank 1-5)
Schemes
Credit
Service
Customer Pull
Promotional
Support
14) Which under listed offer is liked by most of the customers (Rank1-6)
Cash Coupon
Holiday Trip
Scratch Coupon
Free Gifts
Special offers
Exchange offers
15) Which is the most demanded brand by the customer? (Rank)
Refrigerator Microwaves Washing
Machines
Air
Conditions
71. Samsung
Carrier # # #
LG
Godrej # # #
Onida # # #
Videocon # # #
Whirlpool # #
Electrolux # #
Kenstar # # #
IFB # # #
16) Which factor Sub Dealer recommends brand to customer. (Rank 1-6)
Brand name
Pricing
After sale service
High margin to Sub
Dealers
Schemes/offers
Fast movement of products
17) Main factors a consumer considers while buying product (Rank 1-8)
Pricing
Brand name
Quality
Design Style