Summer Project of Havells
Summer Project of Havells
Summer Project of Havells
ON
OF
BY
TANAY GOSWAMI
1. PREFACE.
2. ACKNOWLEDGEMENT
3. DECLARATION
4. ABSTRACT.
5. HISTORY OF HAVELLS INDIA.
6. RESEARCH OBJECTIVE.
7. RESEARCH METHODOLOGY.
8. SAMPLING
9. DATA ANALYSIS AND INTERPRETATION.
10.COMPETITORS OF HAVELLS
11.FINDINGS AND CONCLUSION.
12.LIMITATIONS
13.BIBLIOGRAPHY
PREFACE
Someone has rightly said that practical experience is far better and
closer to the real world than mere theoretical exposure. The
practical experience helps the student to view the real business
world closely, which in turn widely influences his/her perceptions
and understanding of the real situation.
The present report is a part of the project that contains the work
done by me during the training period at Havells India Ltd.
Kolkata.
Last but not the least, I would like to thanks to friends &other
faculty members who always endured us and stood by us and
without whom I would not have completed the project.
DECLARATION
I, Tanay Goswami a MBA student of Bengal College Of
Engineering And Technology,Durgapur under West Bengal
University Of Technology hereby declare that the project report
prepared and submitted by me is an original work done by using
factual data collected from the organisation(Havells India
Limited)..
.
Tanay Goswami
SOMETHING ABOUT MARKETING MIX
PRICE
There are many ways to price a product. Let's have a look at some
of them and try to understand the best policy/strategy in various
situations
Premium Pricing:-
Use a high price where there is a uniqueness about the product
or service. This approach is used where aa substantial
competitive advantage exists. Such high prices are charge for
luxuries such as Cunard Cruises, Savoy Hotel rooms, and
Concorde flights.
Penetration Pricing:-
The price charged for products and services is set artificially low
in order to gain market share. Once this is achieved, the price is
increased. This approach was used by France Telecom and Sky
TV.
Economy Pricing:-
This is a no frills low price. The cost of marketing and
manufacture are kept at a minimum. Supermarkets often have
economy brands for soups, spaghetti, etc.
Price Skimming:-
Charge a high price because you have a substantial competitive
advantage. However, the advantage is not sustainable. The high
price tends to attract new competitors into the market, and the
price inevitably falls due to increased supply. Manufacturers of
digital watches used a skimming approach in the 1970s. Once
other manufacturers were tempted into the market and the
watches were produced at a lower unit cost, other marketing
strategies and pricing approaches are implemented.
Premium pricing, penetration pricing, economy pricing, and
price skimming are the four main pricing
policies/strategies. They form the bases for the exercise.
PLACE
Another element of Neil H.Borden's Marketing Mix is Place.
Place is also known as channel, distribution, or intermediary. It
is the mechanism through which goods and/or services are
moved from the manufacturer/ service provider to the user or
consumer.
There are six basic 'channel' decisions:
• Do we use direct or indirect channels? (e.g. 'direct' to a
consumer, 'indirect' via a wholesaler).
• Single or multiple channels.
• Cumulative length of the multiple channels.
• Types of intermediary (see later).
• Number of intermediaries at each level (e.g. how many
retailers in Southern Spain).
• Which companies as intermediaries to avoid 'intrachannel
conflict' (i.e. infighting between local distributors)
PRODUCT
The essence of Havells success lies in the expertise of its fine team
of professionals, strong relationships with associates and the ability
to adapt quickly and efficiently, with the vision to always think
ahead
Havells Today.....
Vision:
"To be a globally recognized corporation that provides best
electrical & lighting
solutions, delivered by best-in-class people."
Mission:
To achieve our vision through fairness, business ethics, global
reach, technological expertise, building long term relationships
with all our associates, customers, partners, and employees.
Values:
Customer Delight a commitment to surpassing our customer
expectations Leadership by example. A commitment to set
standards in our business and transactions based on mutual trust.
Integrity and Transparency: A commitment to be ethical, sincere
and open in our dealings. Pursuit of Excellence : A commitment to
strive relentlessly, to constantly improve ourselves, our teams, our
services and products so as to become the best in class.
Promoters
2) Standard Electrical
Milestones
The company has a 50:50 joint venture with DZG of Germany for
manufacture of high-end electromechanical and electronic energy
meters.
Manufacturing Plants:
Our manufacturing units are fully equipped with the latest and
most sophisticated facilities in India. And in the hands of our
highly qualified technical experts, this results in some of the most
advanced product development in the country
Double Pole
Range :
25A & 40A
Execution :
Double Pole (2P)
Four Pole (4P)
Feaatures:
Compact construction
Double break contacts
Silver Cadmium Oxide contact tips
Shrouded terminals
Front operation with three stable positions I-O-II
Centre position off
Easy snap on DIN Rail mounting
Can be mounted with other products viz. MCB, ELCB, Isolator in
Distribution Board
Four Pole
Range :
25A & 40A
Execution :
Double Pole (2P)
Four Pole (4P)
Features:
Compact construction
Double break contacts
Silver Cadmium Oxide contact tips
Shrouded terminals
Front operation with three stable positions I-O-II
Centre position off
Easy snap on DIN Rail mounting
Can be mounted with other products viz. MCB, ELCB, Isolator in
Distribution Board
RESEARCH OBJECTIVE
PRIMARY DATA:-
SECONDARY DATA:-
Secondary data was taken mainly from the internet and the
URL are as follows:-
I. www.havells.com
II. www.wikipedia.com
III. www.scribd.com
OBSERVATION
In the first one and a half week I have worked and have visited
several markets and my work here was only observation. The
markets which I have visited in these 8 weeks are as follows:-
I. Sova Bazar.
II. Sealdah.
III. Dum Dum.
IV. Dhakuria.
V. And other surrounding areas.
In these markets I have went to the shops and have made
surveys.The data analysis and interpretations are given below.
SAMPLING
SAMPLE SIZE:- Sample size used in the research was 100.
YES NO
VERY LOW
HIGHLY DISATISFIED
6. ARE YOU SATISFIED WITH THE SCHEME THAT IS OFFERED TO
YOU BY HAVELLS?
HIGHLY DISATISFIED
YES NO
OTHERS(PLS SPECIFY)_________________
BELOW AVERAGE
FINDINGS &CONCLUSION
There I got a bumper response from the retailers that why they are
choosing havells.
There were only just few retails outlets where I found various other
MCB brands such as ABB,ANCHOR,LEGRAND,etc.
But when I started comparing those with Havells I didn’t find them
upto the mark.
Most of retailer told other than havells they sells Anchor,and when
I started comparing the Products I found that….