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WELCOME TO
OUR
PRESENTATION
Presentation On
Prepared by Little Shadow
The members of Little Shadow
Mimraz Hasan
Masum Billah
Md. Mosfiqur Rahman
Tusar Ahmed
2014010000131
2014010000012
2014010000275
2014010000167
PRESENTATION CONTENT
• INTRODUCTION
• COMPANY’S HISTORY
• VISION AND MISSION
• BUSINESS DIVISION
• MARKETING MIX
• COMPETITVE ANALYSIS
• MARKET SHARE
• FACTORS FOR SUCCESS
• S.W.O.T ANALYSIS
• CONCLUSION
INTRODUCTION
• The company was originally established in 1958 as Goldstar, producing
radios, TVs, refrigerators, washing machines, and air conditioners.
• The L.G group was a merger of two Korean companies Lucky and
Goldstar.
• Is the second largest producer of television and third largest producer of
mobile phones.
HEAD-QUARTER
LG Electronics Inc.
LG Twin Towers
20, Yeouido-dong, Yeongdeungpo-gu,
Seoul, Korea 150-721
CEO: LG Group Vice Chairman Yong Nam
Tel: 82-2-3777-1114
Website: www.lge.com
Seoul Yeouido South Korea
L.G INDIA
• LG Electronics India Pvt. Ltd., a wholly owned subsidiary of LG
Electronics, South Korea was established in January, 1997 after
clearance from the Foreign Investment Promotion Board (FIPB).
• LG set up a state-of-the art manufacturing facility at Greater Noida,
near Delhi, in 1998, with an investment of Rs 500 Crores
• In 2004, LGEIL also up its second Greenfield manufacturing unit in
Pune, Maharashtra
• LG plans to set up Rs 500-cr unit in South
VISION AND MISSION
• Vision
LG’s Vision is to become a worldwide leader in digital that ensures
customer satisfaction through innovative products and superior
services.
• Mission
To create value for customers.
To respect human dignity.
To become best in its field.
BUSINESS DIVISIONS
L.G.
GROUP
L.G. ELECTRONICS
MOBILE
COMMUNICATIONS
DIGITAL DISPLAY
DIGITAL MEDIA
DIGITAL
APPLIANCES
L.G.CHEM
INFORMATION AND
ELECTRONIC MATERIALS
CHEMICAL AND
POLYMERS
LG SOLAR ENERGY
INDUSTRIAL
MATERIALS
L.G.TELECOM
LG ELECTRONICS
HOME ENTERTAINMENT HOME APPLIANCES
MOBILE COMMUNICATION AIR CONDITIONS & ENERGY
SOLUTIONS
MARKETING MIX
• PRODUCT
& PRICE
Mobile Phones
RS 1000-32000
Cooking Appliances
RS 2000-20000
TV / Audio / Video
RS 4000-150000
Washing Machines
RS 5000-30000Refrigerators
RS 6000-35000
Air Conditioners
RS-15000-80000
Vacuum Cleaners
RS1000-15000
PLACE
• LG product available in lg
retail showroom, malls
,private retail shop.
• The services of LG are
available in more than
110 countries of the
world.
• LG Electronics controls
114 local subsidiaries in
india.
PROMOTION
• LG promote its product s
through Newspaper, T.V.,
Radio, hording and taking
part in events etc.
COMPETITIVE ANALYSIS
ANNUAL PRODUCTION GRAPH
0
500000
1000000
1500000
2000000
2500000
2005 2006
TELIVISION
REFRIGIRATOR
WASHING MACHINE
COLOUR MONITOR
MARKET SHARE
HOME ENTERTAINMENT MARKET SHARE IN
ELECTRONICS
21.6
24.6
23.6
9.6
5.3
4.4
1.4 2.3
6.2
LG
SAMSUN
G
SONY
PHILLIPS
SANSUI
VEDIOC
ON
BPL
CORPORATE SOCIAL RESPONSIBILITY
• Global Take-Back Policy
• Guidance on the Disposal of End-of-
Life Products
• Recycled Plastic Applications
FUTURE PLANS
• LG has a positive perception of India and the
Indian consumer.
• LG is making a foray into the e-commerce market
in India and has partnered with various local
websites like fabmall.com, rediff.com,
indiatimes.com, and indiaplaza.com.
• LG is also planning to invest over US$ 208 million
in India over the next three years to expand the
business.
• Mobile software development is also on LG’s
agenda.
S.W.O.T. ANALYSIS
STRENGTHS
• Market leader in home
appliances.
• Has got manufacturing unit in
tax incentive .
• Wide range of products to
serve all categories.
• Widest distribution network in
the industry(47
barnches,10000 trade
partners).
• Good after sales service
offered
WEAKNESSES
• Samsung being its
competitor provides
similar products.
• Consumers compare L.G
with Samsung its Korean
rival not with other global
companies.
• Lack of expert operators
for complex machines
due to illiteracy and lack
of training in India.
OPPORTUNITIES
• Fast growth of the home
appliances market
• Shifting to rural areas
• Thus maintaining control
over the market and the
highest share in home
appliances market
THREATS
• Close competitors like
Samsung are compared
to it.
• Price war with Samsung.
• Competition from Indian
brand and other foreign
brands.
CONCLUSION
• Mobile Phones Nokia is the market leader,
followed by Sony Ericsson.
• LG is an emerging player Direct competition with
Samsung, owing to similar user perception
• Refrigerators LG is the dominant player in the
market Other Players have a segmented market
share Unstructured Positioning of all other Players
Lg

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Lg

  • 3. Prepared by Little Shadow The members of Little Shadow Mimraz Hasan Masum Billah Md. Mosfiqur Rahman Tusar Ahmed 2014010000131 2014010000012 2014010000275 2014010000167
  • 4. PRESENTATION CONTENT • INTRODUCTION • COMPANY’S HISTORY • VISION AND MISSION • BUSINESS DIVISION • MARKETING MIX • COMPETITVE ANALYSIS • MARKET SHARE • FACTORS FOR SUCCESS • S.W.O.T ANALYSIS • CONCLUSION
  • 5. INTRODUCTION • The company was originally established in 1958 as Goldstar, producing radios, TVs, refrigerators, washing machines, and air conditioners. • The L.G group was a merger of two Korean companies Lucky and Goldstar. • Is the second largest producer of television and third largest producer of mobile phones.
  • 6. HEAD-QUARTER LG Electronics Inc. LG Twin Towers 20, Yeouido-dong, Yeongdeungpo-gu, Seoul, Korea 150-721 CEO: LG Group Vice Chairman Yong Nam Tel: 82-2-3777-1114 Website: www.lge.com Seoul Yeouido South Korea
  • 7. L.G INDIA • LG Electronics India Pvt. Ltd., a wholly owned subsidiary of LG Electronics, South Korea was established in January, 1997 after clearance from the Foreign Investment Promotion Board (FIPB). • LG set up a state-of-the art manufacturing facility at Greater Noida, near Delhi, in 1998, with an investment of Rs 500 Crores • In 2004, LGEIL also up its second Greenfield manufacturing unit in Pune, Maharashtra • LG plans to set up Rs 500-cr unit in South
  • 8. VISION AND MISSION • Vision LG’s Vision is to become a worldwide leader in digital that ensures customer satisfaction through innovative products and superior services. • Mission To create value for customers. To respect human dignity. To become best in its field.
  • 9. BUSINESS DIVISIONS L.G. GROUP L.G. ELECTRONICS MOBILE COMMUNICATIONS DIGITAL DISPLAY DIGITAL MEDIA DIGITAL APPLIANCES L.G.CHEM INFORMATION AND ELECTRONIC MATERIALS CHEMICAL AND POLYMERS LG SOLAR ENERGY INDUSTRIAL MATERIALS L.G.TELECOM
  • 11. MOBILE COMMUNICATION AIR CONDITIONS & ENERGY SOLUTIONS
  • 12. MARKETING MIX • PRODUCT & PRICE Mobile Phones RS 1000-32000 Cooking Appliances RS 2000-20000 TV / Audio / Video RS 4000-150000 Washing Machines RS 5000-30000Refrigerators RS 6000-35000 Air Conditioners RS-15000-80000 Vacuum Cleaners RS1000-15000
  • 13. PLACE • LG product available in lg retail showroom, malls ,private retail shop. • The services of LG are available in more than 110 countries of the world. • LG Electronics controls 114 local subsidiaries in india. PROMOTION • LG promote its product s through Newspaper, T.V., Radio, hording and taking part in events etc.
  • 15. ANNUAL PRODUCTION GRAPH 0 500000 1000000 1500000 2000000 2500000 2005 2006 TELIVISION REFRIGIRATOR WASHING MACHINE COLOUR MONITOR
  • 16. MARKET SHARE HOME ENTERTAINMENT MARKET SHARE IN ELECTRONICS 21.6 24.6 23.6 9.6 5.3 4.4 1.4 2.3 6.2 LG SAMSUN G SONY PHILLIPS SANSUI VEDIOC ON BPL
  • 17. CORPORATE SOCIAL RESPONSIBILITY • Global Take-Back Policy • Guidance on the Disposal of End-of- Life Products • Recycled Plastic Applications
  • 18. FUTURE PLANS • LG has a positive perception of India and the Indian consumer. • LG is making a foray into the e-commerce market in India and has partnered with various local websites like fabmall.com, rediff.com, indiatimes.com, and indiaplaza.com. • LG is also planning to invest over US$ 208 million in India over the next three years to expand the business. • Mobile software development is also on LG’s agenda.
  • 19. S.W.O.T. ANALYSIS STRENGTHS • Market leader in home appliances. • Has got manufacturing unit in tax incentive . • Wide range of products to serve all categories. • Widest distribution network in the industry(47 barnches,10000 trade partners). • Good after sales service offered WEAKNESSES • Samsung being its competitor provides similar products. • Consumers compare L.G with Samsung its Korean rival not with other global companies. • Lack of expert operators for complex machines due to illiteracy and lack of training in India.
  • 20. OPPORTUNITIES • Fast growth of the home appliances market • Shifting to rural areas • Thus maintaining control over the market and the highest share in home appliances market THREATS • Close competitors like Samsung are compared to it. • Price war with Samsung. • Competition from Indian brand and other foreign brands.
  • 21. CONCLUSION • Mobile Phones Nokia is the market leader, followed by Sony Ericsson. • LG is an emerging player Direct competition with Samsung, owing to similar user perception • Refrigerators LG is the dominant player in the market Other Players have a segmented market share Unstructured Positioning of all other Players