Daikin Report PDF
Daikin Report PDF
Survey Report
1
Page no Contend
2 Executive summary
3 Introduction
6 Objectives
7 Competitors
14 - 19 Day – 3 Borivali
20 Results
21 Sugesstions
22 Conclusion
2
Executive summary
Introduction
Revenue - For the fiscal year ending March 31, 2023, Daikin India had a revenue of Rs
8,860 crore.
In India, the company operates three manufacturing facilities, 15 sales offices, and five
mother warehouses. the company has made investments totaling Rs 2,300 crore.
Daikin products are used in more than 170 countries worldwide
Products portfolio –
• Residential – Split hi wall conditioner, air purifier.
• Commercial – Cassette air conditioner, ducted air condition,
VRV air conditioner, wall standing conditioner, air cooled roof top UATYQC series
• Industrial – Chillers, screw chillers, scroll chillers
Cold chain solution – Chest Freezer, industrial refrigeration, stationary refrigeration,
transport refrigeration.
MANAGEMENT (Global)
Directors
Objectives
Competitive Analysis:
Brand Perception:
Marketing Effectiveness:
6. Carrier - dust filter, energy saver mode and effective cooling even at 52-degree
celsius.
9. Panasonic - offers smart ACs with wifi connectivity and voice control.
10. Whirlpool - Good price, good service, value for money and energy efficient air-
conditioning
Day 1 Andheri
The sales team strongly recommends Lloyd air conditioners for cooling needs. Reason
being.
Warranty Coverage: Lloyd stands out with its comprehensive warranty compared to
other brands. For instance, the 3-star variant is priced at 31,000 rupees, offering a 5-
year warranty on the PCB, a 10-year warranty on the compressor, and a 5-year warranty
on the machine.
Flexible Financing Options: Purchasing a Lloyd AC is made easier with financing options
available through IDFC Bank. A down payment of 1,200 rupees secures your purchase.
Alternatively, if you opt for Bajaj financing, the down payment ranges between 1,700 to
1,800 rupees.
Additional Savings: HDFC credit card holders benefit from a 5% cashback, translating
to a 1,200 rupee discount on their purchase.
Customizable Cooling: Lloyd ACs offer a unique feature where the airflow can be
adjusted by 40%, 60%, or even 80%, making it adaptable to varying needs. This
capability not only enhances comfort but also contributes to energy savings of up to 20-
30%.
Comparative Advantage: When compared to other brands like Volts, Lloyd emerges as
a superior choice in terms of both performance and value.
Competitive Pricing: In contrast to Daikin, which costs around 35,000 rupees, Lloyd
offers competitive pricing without compromising on quality. Additionally, fitting charges
are included in the purchase, and the warranty extends to 5 years.
some accessories such as drain pipes may incur additional charges, Lloyd's offerings
are still compelling due to their overall value proposition. With Lloyd, you not only invest
in a reliable cooling solution but also have a generous warranty coverage and energy-
efficient features.
9
During our recent visit to Sony Mony in Sushi Nagar, the sales representative,
recommended the Daikin 3-star Split AC for spaces up to 120 square feet. Here's why
this recommendation stands out:
Competitive Pricing: For customers opting for an exchange, the Daikin Split AC is priced
at 33,500 rupees, while the cost without exchange stands at 36,000 rupees.
Additionally, there's a nominal installation fee of 699 rupees plus 18% GST.
Quality Accessories: The package includes 10 feet of copper wire at no extra cost, with
additional meters available at 350 rupees per meter. Other essential accessories such
as drain pipes and AC compressor brackets are available at an additional cost ranging
from 800 to 1000 rupees.
Flexible Payment Options: Customers can leverage card discounts for added savings.
HDFC credit cardholders can opt for EMI plans spanning 3 to 6 months, while SBI
cardholders are eligible for a 1500 rupee cashback.
Warranty Assurance: Daikin, renowned for its premium quality, offers an impressive
warranty package, including a 10-year warranty on the compressor, 5 years on the PCB,
and 1 year on the AC unit itself. It shows the brand's commitment to durability and
willingness of customer satisfaction.
Alternative Options: For those seeking more budget-friendly alternatives, brands like
Voltas and BBL offer competitively priced options ranging from 30,000 to 33,000
rupees.
the salesperson's preference for Daikin for its superior quality, advanced technology,
and reputable brand image. By investing in the Daikin Split AC, customers not only
ensure efficient cooling but also benefit from long-term reliability and value.
10
Efficiency Difference: The LG AC is available in both 3-star and 5-star variants, with the
primary difference lying in their efficiency levels. For higher usage scenarios, the 5-star
variant is recommended due to its lower energy consumption, ultimately leading to
reduced electricity bills.
Standard Installation: The standard installation fee for the LG AC is 1,200 rupees. Any
additional materials required during installation will be provided by the company at an
additional charge.
Comparison with Competitors: While brands like Daikin are recognized for their quality,
the LG AC surpasses them in terms of features and technological advancements,
making it the preferred choice for discerning customers.
EMI Options: Customers have the flexibility to opt for EMI payments, with 0% EMI
approval granting an 8-month installment plan with a downpayment of 1,050 rupees.
Otherwise, the standard EMI plan entails an 8-month tenure with a downpayment of
13,200 rupees.
The LG air conditioner offers a perfect blend of innovation, efficiency, and reliability,
making it an ideal choice for residential and commercial spaces alike. With its
advanced features, comprehensive warranty coverage, and attractive pricing, investing
in the LG AC ensures long-term comfort and satisfaction.
11
Day – 2 Malad
Sales Person Recommendation Hitachi Air Conditioner the primary reason for this
recommendation is Hitachi's exceptional five-year warranty, which surpasses
competitors' warranties by four years. This extensive warranty coverage provides
customers with product quality and durability.
Fixed Installation Fees: Regardless of the brand, installation fees can escalate,
potentially reaching up to 2,500 INR. However, with Hitachi, customers benefit from
fixed installation fees, ensuring transparency and predictability in cost.
Competitive Pricing: At a price point of 32,000 INR with no discount, Hitachi air
conditioners are competitively priced compared to other brands in the market. Despite
being cost-effective, Hitachi does not compromise on quality, reliability, or features.
Price: Daikin air conditioners are priced at 35,000 INR for a 3-star model, slightly higher
than Hitachi's offering. Despite this price differential, Hitachi's superior warranty
coverage and fixed installation fees make it a more cost-effective option in the long run.
EMI Options: Daikin provides flexible EMI options ranging from 3 months to 9 months,
catering to customers' diverse financial preferences. Its also the same for other brands
Energy Efficiency: While both brands offer energy-efficient models suitable for
residential and commercial use, the emphasis on energy savings may vary based on the
specific needs of customers. Daikin's 3-star ACs are suitable for homes, whereas 5-star
ACs may be preferred for commercial areas, ensuring optimal energy utilization and
cost savings.
Hitachi emerges as the preferred air conditioning solution by the sales team due to its
five-year warranty, fixed installation fees, competitive pricing, and innovative features
such as automatic self-cleaning. While Daikin remains a strong competitor, Hitachi's
overall value proposition and customer-centric approach make it the optimal choice for
those seeking reliability, durability, and long-term cost savings.
12
the recommended air conditioner brand for customers by the sales team is Panasonic. The primary
reason for this recommendation is Panasonic's exceptional features, innovative technology, and
superior quality, making it a compelling choice for customers seeking reliability, convenience, and
long-term performance.
Advanced Features:
Panasonic air conditioners boast features such as 100% copper components, inverter technology,
and a user-friendly display. These features ensure optimal performance, energy efficiency, and ease
of use, distinguishing Panasonic from its competitors.
Notably, Panasonic offers an exclusive app called MirAle, enabling users to control the AC remotely
from anywhere in the world via Wi-Fi connectivity. This innovative feature enhances convenience by
allowing users to pre-cool or adjust temperatures remotely, ensuring comfort and energy savings.
Innovative Technology:
Panasonic's AI model offers advanced functionality, including temperature sensing every 30
minutes for precise climate control and a double flap design for rapid cooling. These technological
advancements enhance comfort and efficiency, making Panasonic a leader in the air conditioning
industry.
While Daikin is a reputable brand, Panasonic offers superior features, including smart connectivity,
advanced filtration, and innovative design elements.
Daikin lacks smart features like remote control via mobile app, making Panasonic a more
convenient and modern choice for tech-savvy consumers.
Panasonic's focus on reliability, durability, and cutting-edge technology positions it as a preferred
option over older models like Daikin.
Panasonic is the optimal air conditioning solution for customers, offering a perfect blend of
advanced features, superior quality, and competitive pricing. With innovative technologies such as
MirAle app connectivity, 0.1 filter, and AI functionality, Panasonic sets a new standard for comfort,
convenience, and energy efficiency in the air conditioning market.
13
Innovative Features:
Carrier air conditioners offer a host of innovative features, including a 6-in-1 convertible
functionality. This unique feature allows users to adjust the tonnage according to their
needs, ranging from 1 ton to 0.8 tons, providing flexibility and energy efficiency.
The inclusion of a smart energy display enables users to monitor their energy
consumption and cost savings. Additionally, advanced safety features such as
automatic gas leakage detection and cut-off enhance safety and reliability.
Day – 3 Borivali
Team Services: Providing premier air conditioning solutions to meet diverse customer
needs.
Coanda Air Flow Technology:The dual flaps of Daikin air conditioners facilitate parallel
opening, ensuring efficient cooling across the area.The innovative Coanda Air Flow
feature ensures comprehensive coverage, enhancing comfort within the space.
Long-Term Warranty Coverage:10-year compressor warranty, safeguarding your
investment against unexpected issues.5-year warranty on the printed circuit board
(PCB), offering extended protection and support.
Additional Services:
Installation Fees: ₹1,500
Financing Options: Benefit from hassle-free 6-month No Cost EMI options, allowing
convenient payment flexibility.
Sales Person Recommendation: Voltas reasons being Voltas, being a Tata product,
ensures reliability and quality assurance. BPL offers competitive pricing with similar
warranty terms. While Daikin is a reputable brand, it comes at a slightly higher price
point compared to Voltas and BPL. General AC is considered as the top
recommendation, reflecting superior performance and quality.
Voltas :
Price: ₹31,000
Warranty: 5 years on PCB, 10 years on compressor
Installation Fees: ₹1,500 (extras are chargeable)
Salesperson Insights:
Ranking of Brands (as per Salesperson):
General
Voltas
Mitsubishi
Daikin
Bluestar
16
Key Feature: 3-star rating priced at par with other brands' 5-star ACs due to superior
quality and durability of copper wire, lasting 10-12 years.Compressor coating protects
against rust, enhancing longevity and performance.
Key Features:
Auto Convert Feature: Panasonic's innovative feature adjusts tonnage from 1 to 0.8,
optimizing cooling efficiency based on occupancy.
Reliability: Despite higher cost, Panasonic is renowned for its reliability and long-term
performance.
17
Sales Person Recommendation: Voltas, Voltas, as an Indian brand and part of Tata,
offers reliability and innovative features like inverter technology for energy efficiency
Special Features: Auto adjustment of temperature, Convertibility to 0.8 tons for optimal
cooling
Price: Price varies, typically higher due to premium status. Daikin is renowned for its
premium quality and performance, though at a higher price point.
Payment Options:
Discount on Credit Card Use: HDFC with Bajaj Finance EMI options available, with
varying periods depending on the product. No Cost Emi
EMI Period: Typically 8 months, with 10-month options available for select products.
Salesperson Insights:
Reasoning for Voltas Recommendation: Indian brand with Tata association, offering
superior features like auto temperature adjustment and convertibility, alongside
reliability and efficiency.
General AC Assessment: While previously considered a top brand, General's
performance may have declined, with brands like Daikin and Mitsubishi now offering
comparable performance.
18
At Vijay Sales Borivali, the sales team recommends Godrej air conditioners for their
reliability and comprehensive warranty coverage. With competitive pricing and
favorable warranty terms, Godrej provides an attractive option for customers seeking
quality cooling solutions. Contact us today to explore our range of products and take
advantage of our special offers.
19
Results
The survey conducted across various locations revealed compelling insights into the
preferences and recommendations of sales teams regarding air conditioner brands. In
Andheri, Digi 1 Amboli, the Lloyd air conditioners were strongly recommended due to
their comprehensive warranty coverage, flexible financing options, additional savings
for HDFC credit card holders, customizable cooling features, and competitive pricing
compared to other brands. Similarly, in locations like Sony Mony, Sushi Nagar, and
Croma Oberoi Mall, the sales representatives advocated for Daikin and LG air
conditioners, respectively, highlighting their advanced technology, competitive pricing,
warranty assurance, and superior features.
In Malad, Vijay Sales, Hitachi air conditioners were recommended for their extensive
five-year warranty, competitive pricing, automated cleaning feature, and innovative
technology. Meanwhile, in Borivali, Team Works Services favored Daikin for its Coanda
Air Flow technology, long-term warranty coverage, patented swing technology,
stabilizer for energy optimization, advanced protective coatings, energy efficiency
ratings, and competitive pricing with financing options.
Other locations like Croma Borivali, Reliance Borivali, and Vijay Sales Borivali
recommended Panasonic, Voltas, and Godrej air conditioners, respectively, each
emphasizing unique features such as superior quality, durability, innovative
technology, competitive pricing, comprehensive warranty coverage, and attractive
financing options.
Overall, the survey showcased a diverse range of air conditioner brands, each with its
own set of features, pricing strategies, and warranty offerings, allowing customers to
make informed decisions based on their specific needs and preferences.
20
Suggestions
Conclusion
The survey conducted across various locations provides valuable insights into the air
conditioner market, revealing diverse brand preferences among sales teams. From
Lloyd and LG to Hitachi, Daikin, Panasonic, Voltas, and Godrej, each brand is
recommended based on factors such as warranty coverage, reliability, technological
innovation, competitive pricing, and customer-centric features. Emphasis is placed on
extensive warranty coverage, including compressors, PCBs, and units, ensuring
customers trust and confidence in the product. Technological advancements such as
inverter technology, AI features, customizable cooling, and smart connectivity are
highlighted as key selling points. Competitive pricing, along with financing options and
discounts, makes products more accessible to customers. Sales teams prioritize
customer satisfaction by recommending brands that offer a balance of quality,
features, pricing, and warranty coverage, catering to diverse customer needs. Overall,
the survey illustrates the dynamic nature of the air conditioner market, where brands
compete based on various factors to meet the evolving preferences of customers.