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Asian Paints India LTD: Abhishek Jain 10P122

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ABHISHEK JAIN

10P122

NAVEEN JINDAL KANDARP SUCHAK


10P153 10P144

ASIAN PAINTS INDIA LTD


HAR GHAR KUCH KEHTA HAI

DEEPIKA MANGLA
KARTIK LUTHRA 10P136
10P147

DEBJIT GHOSH
10P134
CONTENTS
 Paints Industry – Overview

 Asian Paints – Overview

 Product – Royale Emulsion

 Competitor Analysis

 Consumer Analysis
MARKET PROFILE
Major Segments, Paints

1.5

Market Players
Global Presence of Asian Paints

South &South East Asian Countries:


India, China, Singapore,
Middle East
Caribbean Malaysia, Bangladesh, Nepal
Islands

Ranks as the top paint company in India and among top three in Asia

Asian Paints-Decorative Segment

Exterior Interior Metal Wood

Royale
Distempers Emulsions
Emulsions
Asian Paints
ASIAN PAINTS-
ROYALE EMULSION
KEY FEATURES-ROYALE PLAY

Exquisite emulsion
paint

48 metallic shades Anti-fungal properties

“Teflon surface protector”


Water based, 100% acrylic,
to provide greater
interior wall finish
durability

Free from lead,


mercury, arsenic, High stain resistance
chromium

Brush mark free finish


Comparative Study-Asian Paints and
ICI

Category Asian Paints-Royale ICI-Velvet Touch

Presence Relatively new (1992) First Mover

Price Lower Price High

Shades 44 36

Features Pataudi’s Strong Marketing Household Name


Campaign
PRODUCT PRICING
Attribute Comparison
Attribute Asian Paints Royale ICI Velvet Touch Nerolac
Impressions
Coverage 320-350sq ft/Lt 300-325 sq feet/Lt 220-240 sq feet/Lt
Drying Time 15-20 min 20-25 min 30 min
Shelf Life 3 years 2 years 1 years
Price Low High Very High
Value Addition Best Good Average

Market Share
PLACE
PROMOTION

The promotion strategy adopted by Asian


Paints is quite unique. It uses high profile
celebrities like Akshay Khanna, Saif & Soha
Ali Khan

Printed Ads
Royale Emulsion
COMPETITOR ANALYSIS
Kansai Nerolac Paints Ltd
Berger Paints Ltd
CONSUMER BEHAVIOR
ANALYSIS
Price vs Quality
Quality == first
preference

(most distinct for


families having income of
5 lakhs or more.)

Price == second best choice of


preference.

•Sample size: 800


• Responses received: 147
Customer’s Behavior

Frequency of re-painting == 3-4


years (irrespective of the nature of
the paint and the brand.)

Most prevalent promotional


strategy == advertisements

(The next important promotion


techniques are through word of
mouth publicity of shopkeepers
and relatives who have already
used the brand.)
Asian Paints’ Customers
Asian Paints has the largest
customer base and among the Asian
Paint customers the preferential
order for choosing the paint are as:
 Durability,
 Finish
 Ease to clean
 Binding Easiness

For Asian paints, people generally go


for emulsions and enamels
(while for others the use of
distempers are much more than the
use of enamels and emulsions.)
Key consumer characteristics
Why customers prefer Asian Paints?
• Brand value

• Better Quality

• More Variety

• Investment in R & D
Conclusion
• Quality is the first preference of the customers. Hence, Asian
Paints should focus more on R&D so as to consistently deliver
quality products
• Advertisements and word of mouth publicity are most
effective marketing strategies. Hence company should focus
more on advertising and giving benefits to retailers which
thereby drives the product publicity
• Industrial paints segment is one where Asian paints is still
lagging behind Nerolac and others, both in terms of market
share and range of products being offered.
• Coming out of recession automotive paints sector is also
offering good growth option which Asian Paints should explore.
• After-sales services are an unexplored region where Asian
Paints being a market leader can make its mark.
THANK YOU…

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