Rajesh Project
Rajesh Project
Rajesh Project
ON
“ANALYSIS OF DEALAR PERCEPTION
TOWARDS PRISM
VIS-À-VIS
OTHER COMPETITIVE BRANDS”
Submitted By
RAJESH YADAV
(Roll no. 0800770051)
2009-10
1
ACKNOWLEDGEMENT
2
I would fail my duty if I do not express my
feelings towards my father -Shri Ram Bali Yadav
who have been my part & parcel during the whole
project & without their blessings, inspiration & good
wishes I would have never completed my exhaustive
research work.
(RAJESH YADAV )
DECLARATION
3
I RAJESH YADAV student of
Chapter 1
MBA (Third semester) ‘SHIVDAN
SINGH INSTITUTTE OF TECHNOLOGY &
MANAGEMENT’ ALIGARH, here by
declare that the project entitled
“ANALYSIS OF DEALER PERCEPTION
TOWARDS PRISM VIS-À-VIS OTHER
COMPETITIVE BRANDS” is result of
my own efforts. This field survey
project is correct to the best of my
Knowledge, and so far has not been
published any else. It is based on
original study conducted by me.
RAJESH YADAV
4
PREFACE
5
These theories are formulated on the basis of
past practice of different functional activities and
research. As per requirement of the course,
everybody has to undergo summer training . I have
worked on “ANALYSIS OF DEALER’S
PERCEPTION TOWARDS PRISM VIS –A – VIS
OTHER COMPETITIVE BRANDS” as a topic of
my project. The report is divided into several pars
such company profile, objective, research, findings,
analysis & conclusions.
Although, I have tried my best in the work, yet I
do not have any misconception of its being perfect.
Any criticism will make me more proficient in any
future work.
CONTENTS
6
Executive Summery 1-
61
Company Profile
Findings 85-
86
Limitations 87-
88
7
Bibliography 89-
90
Annexure 91-
94
EXECUTIVE
SUMMARY
8
CEMENT INDUSTRY IN INDIA
Annexure-1
10
Table Showing Cement plant in each state
together with their capacity.
State No. of Plants Capacity
(MT)
Andhara Pradesh 24
23.96
Assam 1
0.20
Bihar 1
1.00
Chhattisgarh 9
10.36
Delhi 1
0.50
Gujarat 12
17.12
11
Haryana 1
0.17
Himachal Pradesh 4
4.06
Jammu & Kashmir 1
0.20
Jharkhand 5
4.57
Karnataka 9
10.07
Kerala 1
0.42
Madhya Pradesh 12
16.39
Maharashtra 8
10.95
Meghalaya 1
0.20
12
Orissa 3
2.76
Punjab 3
2.84
Rajasthan 14
17.95
Tamil Nadu 13
14.79
Uttar Pradesh 7
5.07
West Bengal 4
3.13
Total 134
146.71
In Million Ton
Estimated Cement Export
Production Needed
Demand
Capacity
180.50 8.0 165.56
202.64
15
Poor prices and rising fuel costs eroded the
profitability of Indian cement companies in the year
2003-2004. Cement prices have shot up –10%-15%
after lying in the freezer for better part of the fiscal.
In major markets across the country, including
Mumbai, Delhi, Jaipur, Ahmadabad, Hydrabad and
Nagpur, prices are now touching their highest level
for the fiscal.
This has come as a major reprieve for cement-makers
troubled by a poor demand growth during 2002-03 so
far. Cement consumption during April-January
period has grown by just 5% compared to over 8%
growth witnessed during the same fiscal last year.
In North, prices are up by 10-12%.In Delhi it has shot
up to Rs 250 a bag against Rs 235 during the month
of December’2009. What’s more, for the first time
prices are uniform across the region. Cement is now
selling between Rs 260-265 a bag in the North
16
including Rajasthan, Haryana, Punjab and Himachal
Pradesh. In normal times, Rajasthan and parts of
Himachal and Punjab are atleast Rs 15-20 cheaper
than the rest of region.
PROSPECTIVE SCENARIO OF THE
INDUSTRY:
There is consensus among industry watcher that the
selling price of cement in India will remain low for
some time. Over the last five years, cement price
index has declined by 1.1 % while price index of Iron
& steel, building bricks, ceramic tiles, paints, etc.
have posted a rise of around 20%. There is not so
much hope in the export front also. The export
growth rate has already fallen to 11% and is expected
to fall further.
According to industry sources, with the initiative
taken by the government on the infrastructure,
particularly the North-South corridor, popularly
17
known as “Golden Quadrilateral”, the long-term
outlook for the cement industry is encouraging. The
Working Group on Cement Industry constituted by
Planning Commission for the Xth Five Year Plan has
estimated the demand for cement to reach 165.56
million tonnes by 2006-2007.The real gross Domestic
Product (GDP) of the country is estimated to grow
8.7% in 2003-04 as against 4.00% in 2002-03. The
spurt in GDP growth can be mainly attributed to
agriculture and allied activities by as much 12.6% as
compared to decline of 5.2% in the previous year.
The annual rate of inflation, measured by increase in
Wholesale Price Index (WPI) on average basis, was
at 5.4% during 2003-04 as against 3.4% in 2002-03.
It means the prices of cement is fluctuating , although
from March 2002 the index are in increasing trend
which is a good sign for the industry
Competition from the entry of Foreign Player
18
Another development of cement industry is, the entry
of global majors. Companies like the Nordic Cement
and Building Material Group have made there
presence felt in India. They have already acquired a
25% equity stake in Narmada Cement. The
international majors, Holder Bank of Switzerland,
which owns 60 plants all over the world with total
capacity of 80 million tones has set-up shops in Delhi
under the banner Holtech Consultants. The France
based Lafarge cement has also entered to Indian
market. The other companies e.g. Blue Circles of
U.K., and Heisenberg of Germany are also entering
to Indian market.
The Indian cement industry has started facing tough
competition from countries like Korea and Indonesia
on the export. The devaluation of their currencies has
driven down the cement prices to $27 per MT. This
19
has put the export in a spot, owing to relatively
higher prices for cement out sources from India.
Marketing Strategy
21
Product:
Product stands for the goods or services offered by
the organization as Prism offer cement to their
customers.
Cement is the combination of:
Tri Calcium Alluminate ( C3a)
Di Calcium Silicate (C2 S )
Tri Calcium Silicate ( C3S)
Gypsum (Caso4.2H2O)
23
24
COMPANY
PROFILE
Company Profile
25
Pradesh. Equipped with state-of-the-art machinery
and technical support from F.L Smidth & Co A.S
Denmark, the world leaders in cement technology,
Prism Cement has successfully created a niche for
itself in the Indian cement industry.
The Company is managed by a focused Board
comprising of eminent experts from diverse fields
ably supported by a professional management team.
The Management team ensures high levels of
transparency, accountability and equity in all facets
of the company’s operations.
Prism Cement
Limited is an ISO 9001:2000 certified company
promoted by Rajan Raheja Group which has diverse
26
business interests. The company operates one of the
largest single kiln cement plants in the country at
Satna, Madhya Pradesh. Equipped with state-of-the-
art machinery and technical support from F.L Smidth
& Co., A.S Denmark, the world leaders in cement
technology, the company has successfully created a
niche for itself in the Indian cement industry.
27
wholesalers. The equity shares of the company are
listed on the Bombay and National Stock Exchanges.
Board of Directors
29
Feature of OPC 53–grade Cement:
30
Gives higher characteristics strength of
concrete and better bon strength, hence lesser lap
length, saving steels.
Application:
Plain and reinforced cement concrete,
masonry and plastering.
For bridge piers.
Pre stressed Girder, Electric pole, and
Concrete pipes.
Pre cast, Pre Stressed. Slip formed concrete.
Tall Building and Structure (Skyscraper).
RCC Bridges.
For Structural Repairs and Grouting.
31
Form work can be structured early thus save
time and money.
Have moderate sulphate resisting properties.
Low chloride, thus avoids corrosion of
reinforcement steel.
Application:
For all general and semi specialized
construction.
For manufacture of concrete blocks and
tiles.
Brick and stone masonry, plastering and
flooring.
Plain reinforcement concrete cement.
Pre cast, pre stressed slip formed concrete
job etc.
Applications:
RCC works in all types of building
construction.
33
Mass concrete project – dams, spillways,
canals.
Bridges, culverts and drainage Typical
Properties of Prism Cement:
Compare chart of PRISM Cement vis-à-vis
Bureau of Indian Standard:
Particular 53 Grade 43
Grade Champion
(IS 12269) (IS 8112)
(IS1489)
34
(c) 28 Days- 53min 61 43 min
33Min 53
2. Setting Time:
(Minute)
(a) Initial 30 min 110 30 min 120
30Min 180
(b) Final 600 max 160 600max160
600Max 250
Work
Marine works.
Cement based products.
Grouts and mortars.
Mass concrete projects – dams, spillways,
canals.
3. Soundness:
(a) Le Chatelie: 10 max 1 10max 1
10Max 1
Exp. (mn)
35
(b) Auto 0.80 max0.07
0.08max0.17 0.80Max0.15
Clave (%)
4. Fineness: (m2/kg)
225 min >310 225min 300
300Min 380
Organization structure
36
Organizational structure refers to the formal,
established pattern of relationship amongst the
various parts of any organization. Organizing is the
formal grouping of activities and resources for
facilitating attainment of specific organizational
objectives. It is possible to achieve objective without
formally organizing, but there is to be great wastage
of resources and time. A good organizational
structure ensures that the objectives are achieved in the shortest possible
time, in an orderly manner, with maximum utilization
of the given resources.
(Management of Prism Cement Limited works
under the Managing director Mr Manoj Chabra, who
directly reports to Chairman Mr Rajen Raheja.)
37
STATEWISE % MARKET SHARE SATNA
CLUSTER PLANTS
2008 – 2009
(FIG. IN % )
COMPANY UP MP BIHAR
NEPAL
PRISM 8 8 5 13
ACC 15 7 0 7
BIRLA CORP 9 2 5 17
MAIHAR 12 4 3 2
38
DIAMOND 7 7 1 0
JAYPEE 25 14 8 36
SATNA CLUSTER 69 38 22
76
OTHERS 31 62 78 23
OBJECTIVE
39
OBJECETIVE
40
Chapter 2
Chapter 3
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Chapter 8 RESEAR
CH
METHODOLOGY
Chapter 9
Chapter 10
Chapter 11
Chapter 12
Chapter 13
Chapter 14
41
Chapter 15
Chapter 16 RESEARCH METHODOLOGY
Chapter 17 Sources of study:—
Chapter 18 Design of the survey:—
The survey was extensively and exploratory
designed to know the objective.It was designed
in such a way that with in the six week ,the
whole Allahabad market was covered by me.
DATA ANALYSIS
AND
INTERPRETATION
43
DATA ANALYSIS AND
INTERPRETATION
AVAILABILITY OF BRANDS AT DIFFERENT
SHOPS:-
44
45
NO OF SHOPS AVAILABILITY
BRAND NAME (IN DIGITS) AT SHOP(IN %)
PRISM 55 29.57
JAYPEE 49 26.34
MAIHAR 51 27.42
ACC 15 8.06
SATNA 9 4.84
46
DIAMOND 4 2.15
OTHERS(BIRLA
PLUS/SAMRAT ) 3 1.61
From the above figure ,it is obvious that prism is
the most available product leaving behind its
competitors. The 2nd position is occupied by jaypee
,after which maihar comes at 3rd position and then
other brands.
47
SALES IN PERCENTAGE :
48
SALES VOLUME OF DIFFERENT BRANDS:-
BRAND NAME SALES VOLUME SALES VOLUME
49
(IN %) (IN M.T.)
PRISM 30 4,889
JAYPEE 34 5,467
MAIHAR 28 4546
ACC 3 430
SATNA 3 485
DIAMOND 0 70
OTHERS( B.P.
& B.S.) 1 165
50
PRICING OF DIFFERENT BRANDS:--
PRISM
51
DIAMOND:
ACC:
JAYPEE:
52
OTHERS:
53
PREVAILING PRICE IN THE MARKET:
DIAMOND 140--146
OTHERS(BIRLA
PLUS/SAMRAT) 145--148
HIGHER RANGE:--
54
PRISM 150—155 (43 grade)
ACC 154--160
MIDDLE RANGE:--
JAYPEE 143—148 (buniyaad)
OTHERS(BIRLA
PLUS/SAMRAT) 145--148
PRISM 144—146 (champion)
LOWER RANGE:--
MAIHAR 142--147
DIAMOND 140--146
55
Effective media:
56
Above figure exhibits that WALL PAINTING
& HOARDING is the first choice of people.Then
PAMPHLETS & POSTERS occupies the 2nd and then T.V.
,RADIO & OTHERS.
OTHERS INCLUDE:--Wall painting on busy
places,Bags,Seat cover & Kiosk etc. .
57
EFFECTIVE PROMOTION:
58
FACTORS FOR RECOMMENDATION OF PERTICULAR
BRAND:
respectively.
OTHERS INCLUDE:--
59
DEALER’S PERCEPTION TOWARDS THE
QUALITY OF DIFFERENT BRANDS:
60
There are various systems for delivery of products. To have
a competitive advantage over others in these days of neck
to neck competition ,FREE ON RAIL (FOR)service is the
most popular one.Under this system , you don’t have to go
for collecting the products. In case of FOR , transportation
cost is beard by the company itself.
Other than this, sometimes shopkeepers have to
go to pick up the products themselves. Here transportation
cost may or may not be paid by the customers as the case
may be.
Most of the people prefer the FOR service and
they feel that the delivery system of all competitive brands
is Satisfactory.
61
It is well known that “FIRST IMPRESSION IS THE
LAST IMPRESSION. “
At which stage knowledge fails, our glimpse provides
us the right destination. Attractive packaging plays an
important role in enhancing the sale of any product.
Dealer prefers attractive, comfortable in handling &
fully packed packaging. During my survey I did not
receive any complain from dealers about packaging
except MAIHAR GOLD. They told me that there are
some torn bags in the supply of MAIHAR GOLD
DEALER’S PERCEPTION
TOWARDS THE BILLING SYSTEM
OF DIFERENT BRANDS:
63
8 out of 10 by J.P.
7 out of 10 by Prism.
7 out of 10 by Maihar.
5 out of 10 by ACC.
6 out of 10 by Satna.
PRISM:
C.D. : 2.5Rs. (wihin 3 days )
2Rs. (wihin 7 days )
*** ( after 7 days )
Q.D. : 1—20M.T.
— 1Rs.
21—50M.T. — 1.5Rs.
51 > M.T. —
2Rs.
64
JAYPEE—
65
MAIHAR:
C.D. : 3Rs. (wihin5 days )
2Rs. ( within 3 days)
Q.D. : 1 — 500M.T. — 1Rs.
500—750M.T .— 1.50Rs.
750—1000M.T.— 2.00Rs.
ACC:
C.D : 3 Rs. ( in advance )
Exclusive: 1.50 Rs. Per bag yearly.
TARGET INCENTIVE: 500 ton/month - Foreign
Toor
CONFERENCE: Once in two year:
SATNA:
C.D. : 2.50Rs. (advance)
2.00 (wihin 3 days )
66
Q.D. : 15—45M.T. — 1Rs.
\
46—100M.T. — 1.25Rs.
101> M.T. — 1.50Rs.
EXCLUSIVE: Rs. 1.00 per bag
67
SWOT
ANALYSIS OF
PRISM
CEMENT Ltd
70
THREATS:-
71
CONCLUSION
72
CONCLUSION
73
It is also obvious from the datum that JAYPEE
is in the top position in the sales volume. It is
due to reason that advertising campaign of
JAYPEE is so large. It provides allowable
incentive also i.e.
Provides foreign tour to the dealer in
couple.
74
There are several factors which act as
determinants for the successful performance of
the cement. These factors are:
Favorable price.
75
Time to time information about
prevailing market price & dealer’s
perception about prevailing prices.
RECOMMENDATION
76
RECOMMENDATION
78
Devising some promotional
schemes to attract the customers as well
as channel members.
Advertisement campaigns should
be carried on comprehensive scale.
Strict vigil about black marketing and
79
QUESTIONNAIRE
QUESTIONNAIRE
80
Name of the firm
Name of the proprietor/managing partner
Are you a: C&F/Distributor/Authorized
Dealer/ Retailer
Address
Contact no.
81
2. Name of the brands which sells most in market:
i. Prism ( )
ii. Jaypee ( )
iii. ACC ( )
iv. Maihar( )
v. Satna ( )
vi. Mycem ( )
vii. Others ( )
82
4. What’s your perception about quality of
different brands available in the market?
Brand name Average Good Very good
Excellent
ACC
Prism
Jaypee
Maihar
Satna
Others
5. What’s your perception about delivery system of
different brands available in the market?
Brand name Average Good Very
good Excellent
Prism
ACC
83
Jaypee
Maihar
Satna
Others
given companies?
Brand Name Weekly Once a month More
than a week Very frequently
ACC
Prism
86
Jaypee
Maihar
Satna
Others
88
15. What is the price(in Rs.) at which you are selling
other competitive brands?
Brand Name WHOLESALE PRICE/BAG
RETAIL PRICE/BAG
ACC
Prism
ACC
Jaypee
Maihar
Satna
different companies?
Brand Name C.D. Q.D. Target
Discount Exclusive Discount
ACC
Prism
ACC
Jaypee
Maihar
Satna
Others
90
18. Which is the effective media for the
cement ?
i. T.V. ( )
ii. Radio ( )
iii. Wall painting & hoarding( )
iv. Pamphlets & posters ( )
v. Others( )
i. Advertising ( )
ii. Discount ( )
iv. Publicity ( )
vi. Others( )
91
20. Which particular brand do you suggest your
customer to purchase & why?
i. ACC ( )
ii. Prism ( )
iii. Jaypee ( )
iv. Maihar( )
v. Satna ( )
vi. Mycem ( )
vii. Others ( )
21. Factors which you consider while
recommending the particular brand:
i. % of commission ( )
ii. Stock availability( )
iii. Favorable price ( )
iv. Others( )
92
SUGGESSION
SUGGESSION
93
The following suggestions are followed to
cement companies based on the conclusion
drawn from the research study:-
Companies have to increase the
awareness level in the buyers through
print media and other advertisement
channels.
Company should maintain their regular
94
Word of mouth can be generated by
keeping the existing customers.
95
BIBLIOGRAPHY
BIBLIOGRAPHY
WILLIAM G
96
MARKETING MANAGEMENT
PHILIP KOTLER
MARKETING MANAGEMENT
V.S.
RAMASWAMY & S.NAMA KUMARI
FUNDAMENTAL OF STATISTICS
D.N.ELHANCE
Contact Us
CORPORATE OFFICE
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Santacruz(W), Mumbai 400 054.
Tel. No. 022-66754142/3/4, Fax No. 022-
26001304.
WORKS
98
MARKETING OFFICE
Kanpur
Lucknow
Bareilly(UP)
Allahabad
99
16/1/6A Jawahar Lal Nehru Road, Tagore Town,
Allahabad 211 002.
Tel. No. 0532-2465228, 2465332, Fax No. 0532-
2465291.
Varanasi
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2620026.
101