Consumer Bhehavior 1
Consumer Bhehavior 1
Consumer Bhehavior 1
Topic
Bibliography
Questionnaire
CHAPTER - 1
TOPIC
This project works deals with the topic “Study of the Consumer
Behaviour of Paints with special reference to Kansai Nerolac Paints Ltd.” in
Gaya market.
The scope of the study for management student gets to apply all their theoretical
knowledge in the company’s summer training. During training they solve the
particular problem given by the company and come to know the various thing
practically.
The study gives the company a true and unbiased picture of its position and
standing in the Eastern Zone especially at Gaya Market and also its image in the
society.
Methodology
For the preparation of project report especially in case of Marketing every steps
should be anticipated closely. In this anticipation of formulation there may arise
some problems, since these are two types of information.
(i) For Primary Information :
I have used personal interview method. This survey conducted on 150
consumers across Gaya Area. I used a set questionnaire containing some
questions for consumers. These data are expensive and time consuming but
these data are most important and reliable.
Limitations are always accompanied with any work. I had completed his study
within short span of 6 weeks & it was not possible to understand practically all
aspects of the subjects. Each and every factor has been carried out carefully as
much as possible limitation to the study are beyond control.
As all the primary data has been collected by discussion and interviews, there is a
choice of error as people hesitate in granting correct data and sometime exaggerate
the information. Although I tried to convince the respondents that the study is only
meant for academic purpose, some respondents were not ready to furnish other
information like competitors of nerolac products, how nerolac is better than other
products, regarding advertisement etc. The investigator hopes that the study will
yield dependable and useful results.
CHAPTER - 2
We embarked our journey in 1920 as Gahagan Paints and Varnish Co. Ltd. at
Lower Parel in Bombay. In 1930, three British companies merged to formulate
Lead Industries Group Ltd. In 1933, Lead Industries Group Ltd. acquired entire
share capital of Gahagan Paints in 1933 and thus, Goodlass Wall (India) Ltd. was
born.
Subsequently, by 1946, Goodlass Wall (India) Ltd. was known as Goodlass Wall
Pvt. Ltd. In 1957, Goodlass Wall Pvt. Ltd. grew popular as Goodlass Nerolac
Paints (Pvt.) Ltd. Also, it went public in the same year and established itself as
Goodlass Nerolac Paints Ltd.
In 1976, Goodlass Nerolac Paints Ltd. became a part of the Tata Forbes Group
on acquisition of a part of the foreign shareholdings by Forbes Gokak.
In 1986, Goodlass Nerolac Paints Ltd. turned into a joint venture of the Tata
Forbes and the Kansai Paint Co. Ltd., with the latter acquiring 36% of its share
capital.
In 1999, Kansai Paint Company Ltd., Japan took over the entire stake of Tata
Forbes group and thus KNP became a wholly owned subsidiary of Kansai Paint
Company Ltd.
In 2006, on the 11th of July, Goodlass Nerolac Paints Ltd. name has been changed
to Kansai Nerolac Paints Ltd.
Our incessant journey of successes will go on backed by our present human asset
of over 2000 professionals and a sales turnover of Rs. 1484 crores
We are the second largest coating company in India with a market share of over
20%.
We are the market leader in industrial / automotive segment supplying over 90%
of the OEM requirements.
We firmly believe that it is not only the vision of where we wish to go which will
form a cornerstone of all our further growth, but also our conviction to the fact that
the values based proposition has to be ultimate foundation of our business.
To this end we consciously have internalized and been practicing these values in
all our business transactions though human beings:
Innovation
Entrepreneurial
Responsive
Simplicity
Team Orientation
Cultural Ethos
Vision driven organization
Employees feel pride in being part of the organization
Recognition of human resources as extremely important and critical assets
High level of human dignity
Transparency and openness among employees at all hierarchical levels
Performance-linked reward system
Management and employee commitment to organization values is high
Autonomy in work is high
High commitment to quality products
The Quality Policy
It is the philosophy of Kansai Nerolac Paints Ltd., and its associates to achieve
complete customer satisfaction by providing products and services that
consistently meet or exceed the customer needs and expectations, pursuant to
agreed specifications, delivery schedules and competitive prices. It is the
philosophy of the company to systematically operate its manufacturing facilities
by inculcating commitment to total quality management at all levels and on a
continuous basis with a view to achieving “First Time Right” results in
manufacture, services and other operations.
It is the company’s aim to constantly reduce waste of material and effort, increase
efficiencies and ensure safety of plant and people and protection of the
environment.
Working together requires that we have a friendly atmosphere based on trust and
respect amongst all of us.
At Nerolac we follow an Open Door policy. Any person is free and welcomed to
share good idea, suggestion, doubt, problem about job or work place, or
uncertainties about one’s future in the organization. An open and transparent
communication is appreciated.
Social Responsibility
The company continues to make its due contribution to community relief and
development activities and has donated both in cash and kind for the beautification
of some public places in Mumbai and elsewhere. The company continued its
activities directly or indirectly through trusts/agencies in community Development
and Social Welfare including contributions towards national defense, medical help,
education, improvement of environment etc.
Organizational Strengths
An organization is not set on pillars of brick and concrete but is set on strong
inherent characteristics that make it strong for years!
Nerolac is carrying on strong since 1920. Following are its strengths that have
kept this company in good faith.
We have made sure that the distribution hurdles and the climatic vagrancies do not
affect the quality of our services. This same commitment will ensure that Kansai
Nerolac will march towards its centennial year, fully dedicated and invigorated, in
step with the exciting wave of industrialization and modernization pervading
through the new India.
(B) Product Profile of Kansai Nerolac Paints Ltd.
Products
Decorative Paints Industrial Paints
Decorative Paints
(1) Walls
Interior
Water Based Paints
EMULSION
Product Description
Nerolac Impression 24 Carat Premium Luxury Emulsion is a premium quality
Architectural coating specially formulated by using pure acrylic latex, and high
opacity micronised pigments so as to impart smooth velvet finish, with excellent
washability.
Product Description
Nerolac Impression Metallic is a premium quality water base special effect
designer series range that creats a variety of special effects and textures on
interior walls and is based on pure acrylic emulsion
Description:
Nerolac Disney Emulsion is a water-based, premium super luxury interior wall
finish. It provides a distinctly rich, velvety smooth with exquisite satin finish.
Ideal base coat for Disney stencil application and for superior results.
Properties:
It offers excellent washability and superior stain resistance. No added lead,
mercury or chromium compounds.
Designs:
Nerolac Disney Emulsion has beautiful designs of Micky & family, Pooh and
Princess.
Packaging:
Nerolac Disney Emulsion is available in 1lt attractive pack. Along with this
one set each of stencil kit and tool kit is required for one complete design.
DISTEMPER
Product Description
Nerolac Beauty Premium Acrylic Distemper is supplied in paste form, and it
can be used for the decoration of fully matured plasterwork, concrete,
brickwork and asbestos surfaces. The paste is bound with a stable acrylic
medium.
Product Description
Nerolac Beauty Acrylic Distemper is supplied in paste form, and it can be used
for the decoration of fully matured plasterwork, concrete, brickwork and
asbestos surfaces. The paste is bound with a stable acrylic medium.
Performance Features & Benefits
Economical Distemper
Ease of application
Good washability
Eye soothing matt finish.
Product Description
Nerolac Beauty Oil Bound Distemper is supplied in paste form and it can be
used for the protection and decoration of fully matured plasterwork, concrete,
brickwork and asbestos surfaces. The paste is bound with a stable oil emulsion
medium.
Ease of application.
Good washability
Eye soothing matt finish.
Brand Name
Nerolac Pearls Lustre finish is a Special Interior Wall paint that captures the magic
glow of pearls and the intrinsic resilience of the shell. Thus, this paint very rightly
stands for "Ornamentation for walls". This is a special product for interior use,
developed by incorporating selected pacifying pigments dispersed in a specially
formulated medium.
Performance Features & Benefits
ENAMEL
Nerolac Synthetic Enamel
Product Description
Nerolac Synthetic Enamel is a time tested and proven, high quality alkyd based
enamel incorporated with best quality opacifying and light fast pigments.
Product Description
Super sleek and shiny finish with special anti-fungal formula to provide
protection from fungus.
Excellent gloss and gloss retention.
Excellent colour and colour retention
Excellent flow characteristics to form smooth and uniform finish
Excellent durability
Up to 30% more coverage than popular enamels.
FLAT OIL
Nerolac Synthetic Flat Paint Interior
Description: Nerolac Synthetic Flat Paint Interior is a ready to use paint for wall
& ceilings incorporating high opacity pigments dispersed in a synthetic resin
medium. This product can be blended with Nerolac Synthetic Enamel in various
proportions to obtain different sheen levels as desired.
Properties: Nerolac Synthetic Flat Paint Interior can be easily applied on interior
walls which when dried gives a pleasant velvet matt finish. The dried film provides
a very hard wearing surface. It can be regularly cleansed without detriment to its
appearance. The matt finish is useful in minimizing the uneven appearance of
ceiling & wall surfaces. It is best suited for decoration of ceiling & wall surfaces
where a matt finish combined with long-term durability is an essential
requirement.
Packing: The choice of packs that are offered to the consumer are 20 litre drums,
4 litre & 1 litre tins.
Exterior
Product Description
Nerolac Impression Excel Anti Peel Acrylic Exterior Paint is premium water
based, high performance, long lasting exterior paint, formulated to suit the extreme
tropical conditions of high rainfall, humidity and heat. The product is based on
100% Acrylic resin and hence it forms a tough and flexible protective film, with an
excellent bonding to the substrate, which prevents peeling off or cracking for years
together. Nerolac Impression Excel Anti Peel Acrylic Exterior Paint contains a
unique combination of surface protectants, which are released slowly over a long
period of time. This actively helps not only to prevent the fungal and algae growth,
but also, ensures constant surface activity against these irritants for a long period.
Product Description
Nerolac Impressions Excel Total All In One Acrylic Exterior Emulsion is high
performance premium water based, long lasting exterior paint, with UPF
(Ultimate Paint Formula). It is formulated to suit the extreme tropical
conditions of high rainfall, humidity and heat. The product is based on 100%
Acrylic resin and hence it forms a tough and flexible protective film, with an
excellent bonding to the substrate, which prevents peeling off or cracking for
years together. It contains special type of emulsion which gives Excellent Dirt-
pickup Resistance and Excellent Sheen. 1`All In One Acrylic Exterior
Emulsion contains a unique combination of surface protectants, which are
released slowly over a long period of time. This actively helps not only to
prevent the fungal and algae growth, but also, ensures constant surface activity
against these irritants for a long period. It also offers a 7 year warranty*
Product Description
TEXTURED
Nerotex Matt Decorative And Protective Exterior Finish
Product Description
Nerotex matt wall finish is a water-based product that gives a high performance,
textured finish coating. It is specially formulated by using Light fast pigments,
special type thermoplastic resin medium, fine and tough aggregates like inert
silica, unique additives to resist fungus, algae and mould growth. It protects the
exterior surfaces from rain, sun, dust.
CEMENT
Product Description
Product Description
Excellent durability
Excellent adhesion to masonry surfaces
Very good alkali resistance
Unique breathable film properties
Self cleaning characteristics
Very good resistance to mould growth
Can be applied on freshly constructed masonry surfaces.
(2) Woods
(I) 1K PU
Variants - Gloss, Matt
Type of Coat - Top Coat
Features - Good Gloss, Easy to Use, Good Value for Money
Usage - Wood, Veneer
(II) Mel'mine
Variants - Gloss, Matt, Thinner
Type of Coat - Top Coat
Features - Excellent Finish, Quick Drying, Compatible to all
base coats, Non Yellowing
Usage - Wood, Veneer, MDF
(III) 2K PU
Variants - Gloss, Matt, Sealer, Thinner
Type of Coat - Top Coat
(IV) PU Interior +
Variants - Gloss, Matt
Type of Coat - Top Coat
(V) Multisealer
Variants - NA
Type of Coat - Base Coat
(X) NC Thinner
Variant - NA
Type of Coat - Thinner
Features - Compatible with NC & Melamine based products
(3) Metals
Product Description
Super sleek and shiny finish with special anti-fungal formula to provide
protection from fungus.
Excellent gloss and gloss retention.
Excellent colour and colour retention
Excellent flow characteristics to form smooth and uniform finish
Excellent durability
Up to 30% more coverage than popular enamels.
Product Description
Nerolac Satin Enamel is specially formulated to give an excellent smooth finish
resembling the smoothness of satin to masonry, wood and metal surfaces. It can
be easily cleaned to give new look to the surface.
Product Description
Nerolac Synthetic Enamel is a time tested and proven, high quality alkyd based
enamel incorporated with best quality opacifying and light fast pigments.
INDUSTRIAL PAINTS
Automotive Coatings
Kansai Nerolac is the Market Leader in the automotive coating segment in India
with a market share of over 60% with global technology acquired from Kansai
Paint Co. Ltd, Japan. Kansai Nerolac offers the latest technology in automotive
painting systems to the Indian automotive industry.
Automotive Coatings of Kansai Nerolac have been tested and certified by global
automotive manufacturers who have set up base in India, like:
Suzuki Motors
Honda Motors
Toyota Motors
Ford Motor Company
General Motors Corporation
IVECO Motors
Peugeot
Through its various strategic collaborations, Kansai Nerolac offers a total painting
system to auto makers in India with a range of products, starting from Pretreatment
Chemicals, Electro Deposition Primers, Intermediate Coats/primer Surfacers, Solid
& Metallic Top Coats, Clear Coats Touch-up Paints.
Kansai Nerolac has tie-up with the global players for product range offered to
automotive and industrial customers. Kansai Nerolac has entered into
collaboration with the following players for specific product range:
Company
Product Category
Kansai Paint Co., Japan
ED Primers, Automotive & Industrial Coatings
Nihon Parkerizing, Japan
Pre-Treatment Chemicals
Oshima Kogyo, Japan
Heat Resisting paints
Ameron, USA
High Performance Coatings
Product Range:
Top Coats
Clear Coats
Acrylic amino
2K acrylic urethane
Alkyd-Amino
Polyester / Acrylic
Silane based Mar Resistant
Touch-Up Paint
Nitro-cellulose Acrylic based paint
Quick Drying Acrylated based paint
Polyrethane based paint
The entire range of products from Primers to Top Coats are available as per
customers' specific colour/performance need.
The paint manufacturing industry is moving ahead by leaps and bounds, and
setting the momentum is Kansai Nerolac Paints. A pioneering R&D, ensures we
manufacture a wide spectrum of paints that change the face of the industry in
India.
Our product spectrum offers a comprehensive coating system starting from P.T.
Chemicals, Primers, Top Coats & Lacquers, Coil Coats, Heat Resistant Paints,
Metal decoration coating, etc.
High Performance
It is amazing how often the havoc wreaked by the ravages of corrosion goes
unnoticed, even though rough estimates put the corrosion losses in India at a
whopping Rs. 4000 crores a year!
Powder Coating
Decorative Industrial
Asian Paint ICI
Berger Paint Berger
Jensons & Nicholson Paint Rajdoot
Shalimar Paint Dupont
ICI Paint Modi
Modi Paint
Now, here are some of the competitors products and its brand name.
ASIAN
Premium Emulsion - Royale
Premium Exterior Emulsion - Apex
Washable Distemper - Tractor
Exterior Plastic Paint - Ace.
Synthetic Enamel - Apcolite
BERGER PAINTS
Premium Emulsion - Luxol Silk
Premium Exterior Emulsion - Weather coat.
Washable Distemper - Bison
Exterior Plastic Paint - Wall Masta
Texturised Finish Exterior - Weather coat Texture
Synthetic Enamel - Luxol
Coment Base Paint - Durocem
ICI
Premium Emulsion - Velvet Touch
Premium Exterior Emulsion - Weather Shield
Washable Distemper - Maxilite
Exterior Plastic Paint - Dulux
Texturised Finish Exterior - Supercoat
Synthetic Enamel - Dulux
Coment Base Paint - Farcocem
(e) Organizational Structure
A good and efficient sales organization is the foundation for execution of sales
policy and sales programme.
Managing Director
Vice-President, Sales
CONSUMER BEHAVIOUR
PRODUCT :- Anything that can be offered to a market for attention.
Acquisition, use or consumption and that might satisfy a want
or need.
CONSUMER BEHAVIOUR
Ther term "Consumer Behaviour" refers to the behaviour that consumer display in
search for purchasing, using evaluation and disposition of products and services
that they expect will satisfy their needs. The study of consumer behaviour is the
study of how individuals make decisions to spend their available resources (time,
money, effort) on consumption related items. It include the study of what they buy,
why they buy it when they buy where they buy it, how often they buy it and how
often they use it. In this process the consumer deliberated within himself before the
finally makes a purchase or more.
Once a decision is taken to spend money the second problem is to decide what to
buy because the resources are limited and needs are multiple. Therefore needs are
to be marked in priority terms.
During my study I found that how consumers make a decision for buying a
product.
Age & Stage Occupation & Economic Personal and Life Style
Life Cycle Circumstances Self concept & Values
Culture Factors :-
Culture factors have great impact on consumer behaviour. The roles played by the
buyer's culture, subculture and social class are particularly.
Culture :-
Culture is the most fundamental determinants of a person's wants and behaviour.
The growing child acquires a set of values, perceptions, preference and behaviour
through his or her family and others key institutions. A child growing up in
America is exposed to the following values i.e. achievement and success, activity
efficiency, practical progress material comfort, individualism, freedom external
comfort, humanitarianism and youthfulness.
Sub Culture :-
Each culture consists of smaller sub-culture that provide more specific
identification and socialization for their members, sub-culture includes
nationalities, religious, radial group and geographic regions, many sub-cultures
make important market segment and marketers often design product and market
programs according to their needs.
Social Class :-
Virtually all human societies exhibit social stratification. Stratification sometimes
takes the form of a caste system where the members of different caste are reared
for certain roles and cannot change their caste membership. More frequently
stratification takes the form of social classes. Social classes are relatively
homogenous and enduring divisions in a society, which are hierarchically ordered
and whose members share similar values, interests and behaviour.
People are also influenced by groups in which they are not members. Groups to
which a person would like to belongs are called inspirational groups.
Family :-
Most consumers belong to a family group. They influence the pattern of
consumption. Buying habits creates by family influences. The members of the
family play different roles as for deciding, purchaser and user. The housewife may
act as a mediator of products that satisfy wants and desires of the children. Many
question arise in the whole family but a marketer has to think that who is the main
purchaser of family.
In the case of expensive products services, husband and wives engage in more
joint decision making. The marketers need to determine which member normally
has the greater influence in choosing various products often it is a matter of who
has more power or expertise.
PERSONAL FACTORS :-
A buyer's decisions are also influence by personal characteristics not by the buyer's
age and life stage, occupation, economics circumstances, lifestyle and personality
and self concept.
Consumption is also shaped by the stage of the family life cycle. Marketers often
choose life cycle groups as their target market.
Some recent work has identified psychological life cycle stages. Adults experience
certain "passages" or transformations as they go through life markers pay close
attention to changing life circumstances divorce widowhood remarriage and their
effect on consumption behaviour.
Occupation :-
A person's occupation also influences his or her consumption pattern. A blue collar
worker will buy work clothes work shoes, lunch box. A company's president will
buy expensive suits, air travel, country club membership and a large sail boat.
Marketers try to identify the occupational groups that above average interest in
their product and services. A company can even sexualize their computers
software companies will design different computers software for brand manager,
engineers, lawyers and physicians.
Economic Circumstances :-
Product choice is greatly affected by ones economic circumstances. People's
economic circumstances consists or their spendable income, its level stability and
time pattern, saving and assets including the percentage that is liquid debts,
borrowing power and attitudes towards spending versus saving.
Lifestyle :-
People coming from the same sub-culture, social class and occupation may lead
quite different lifestyles. A person's life is the person's pattern of living in the
world as expressed in the person's activities, interest and opinions. Lifestyle
portrays the "whole person" interacting with his or her environment. Marketers
will search for relationship between their product and lifestyle groups. A computer
manufacturer may find that most computer buyers are achievement oriented. The
marketer may then aim the brand more clearly at the achiever lifestyle.
Motivation :-
A person has many needs at any given time some needs are biogenic they arise
from psychological states of tension such as larger, thirst, discomfort. Other needs
are psychogenic ; they arises from needs are psychogenic they arises from
psychological states of tension such as the need for recognition, esteem, or
belonging. A need becomes motive when it is aroused to a sufficient level of
intensity. A motive is need that is sufficiently pressing to drive the person to act.
Perception :-
Perception is the process by which an individual organization select interprets
information, inputs to create a meaningful picture of the world.
Perception depends not only on the physical stumuli but also on the stimuli
relation to the surrounding field and on condition within the individual.
The key word is the definition of perception of individual. One person might
perceive a fast talking sales person as aggressive and in sincere, another as
intelligent and helpful. People can emerged with different perception of the some
object because of three perceptual process, selective attention, selective distortion
and selective retention.
Learning :-
Learning involves changes in an individual's behaviour arising from experience.
Most human behaviour learned learning theorists believe that learning is produced
through the interplay of desirous, stimuli, cues responses and reinforcement.
Believes may be based on knowledge, opinion or faith. They may or may not carry
emotional charges, of course manufacturer are very interested in the beliefs.
People carry in their heads about their products and services.
People have attitude towards almost everything politics clothes music, food.
Attitudes put them into a frame of mind of disliking and object moving towards or
away from it. Attitudes lead people to behave in fairly consistent way towards
similar object. People do not have to interpret and every object in a fresh way,
because attitudes economize on energy and thought, they are very difficult to
change. A person attitude settle into a consistent pattern to change a single attitude
may require major adjustment in other attitudes.
*************
CHAPTER - 4
FINDINGS :-
For the purpose of survey and collection of data the surveyor interviewed
customers, painters.
The findings derived from the analysis of the respondents relating to various
aspects of the study is explained below :-
45
40
35
30
25
20
15
10
5
0
Last Year 2-3 Year 3-4 Year 4-Above
Note : This data is related and depend on a lot of factors as which type of paints
people use, its quality shades. Financial status special occasion etc.
2. Which brand for paints you prefer ?
25% 25%
20%
30%
REASON % OF RESPONDENT
Brand Name 11.5%
Price 20.5%
Quality 54.5%
Advertisement 10.5%
Max. Shade 0.3%
60.00%
50.00%
40.00%
30.00%
20.00%
10.00%
0.00%
Brand Name Price Quality Advertisement Max. Shade
4. Who suggest you to buy the brand you are using ?
SUGGESTION % OF RESPONDENT
Self 32
Painter's Choice 40
Dealer/Retailer 28
28% 32%
40%
RESPONSE % OF RESPONDENT
Yes 48.9
No 41.0
Can't Say 10.1
10%
49%
41%
RESPONSE % OF RESPONDENT
Yes 21
No 79
21%
79%
Yes No
8. Do you know KNP is the 2nd largest paint company of India ?
RESPONSE % OF RESPONDENT
Yes 10
No 90
10%
90%
Yes No
9. Do you know KNP consumer scheme ?
RESPONSE % OF RESPONDENT
Yes 18
No 82
18%
82%
Yes No
********
CHAPTER - 5
RESEARCH
METHODOLOGY
RESEARCH METHODOLGY
PRESENTATION OF DATA
ANALYSIS OF DATA
INTERPRETATION OF DATA
RESEARCH
Research comprises defining and redefining problems, formulating hypothesis or
suggested solutions, collecting, organizing and evaluating data, making deductions and
reaching conclusions and at last carefully testing the conclusions to determine whether
they fit the formulating hypothesis.
RESEARCH METHODOLOGY
Research methodology is a way to systematically solve the problems. It is a way of
studying how research is done scientifically. It consists of various steps that are generally
adopted by the researcher in studying his research problems along with the logic behind
them.
For solving the problem related to “performance management” of the LIBERTY
company research is done by using the “360 degree performance appraisal method”
which is helpful in analysis of , performance management simplification of accounting
data, helpful in comparative study, helpful in locating the weak spots of the business,
helpful in forecasting, estimating the trends of the business, effective control etc.
RESEARCH DESIGN
Research design is a framework or the blue print for conducting the research project.
Research design is the arrangement of conditions for collection and analysis of data in a
manner that aims to combine relevance to the research purpose with economy in
procedure. It includes an outline of what the researcher will do from writing the
hypothesis and its operational implications to the final analysis of data.
“An overall plan of action to be followed during an experiment to be sure that the
objective are met. Often the specific procedures to solve problems are included in
the research design”
The main objective of over study is to analysis the performance management of the firm
through 360 degree performance appraisal method. This technique are helpful in solving
the problems which we faced during the research. Research Design refers to "framework
or plan for a study that guides the collection and analysis of data". A typical research
design of a company basically tries to resolve the following issues:
Determining Data Collection Design
Determining Data Methods
Determining Data Sources
Determining Primary Data Collection Methods
Developing Questionnaires
Determining Sampling Plan
SOURCES OF DATA
It is of two types:-
Primary Data
Secondary Data
PRIMARY DATA
Primary data are those data, which is originally collected. It is of following type’s
questionnaire, interview, observation etc.
SECONDARY DATA
Secondary data are those data which are collected and which has been passed through
statistical research.In this project, secondary data has been collected from following
sources:-
Annual Reports
Books
Internet
Other material and report published by company
SAMPLE DESIGN
Sample design is a technique or the procedure which the researcher would adopt in
selecting items for the sample. It is not possible for any researcher to include each and
every member of the universe in his research process. So, he selects small portion of the
universe, which is its true representative. This group known is sample and this process is
called Sampling.
PROBABILITY SAMPLING
It is also known as Random Sampling or Chance Sampling. In this, each population
element has equal chance of selection.
It can be of following type:
Random Sampling
Stratified Sampling
Cluster Sampling
Multi stage Sampling
In this project, non - probability sampling has been used because sample is selected by
own view and every item of universe has not equal chances of being selected. Under non-
probability sampling, convenient sampling has been used because sample has been
selected according to own convenience.
Sampling size: This refers to the number of person institution to be surveyed. Total
sampling size of this study is 50
Sampling procedure: This refers to the procedure by which respondents should be
chosen. This study is conducted on the basis of convenience sampling and judgment
sampling.
DATA ANALYSIS:
The data collected through survey was analyzed with the help of simple percentages,
tabular and graphic methods which included pie charts, bar graphs are used to analyze the
data.
LIMITATIONS
1) Analysis was based on sample results
2) Some employees were not very open, forthcoming in writing their responses
3) It was difficult to get questionnaire filled by employees due to their busy schedule
4) Some employees had biased response style in dealing with sensitive issues
SELF ANALYSIS
After implementation of GST, paint industry will go on rise about 10% to 15% the rate of
tax for job work is 18% after this, industry of paint will touch new avenue. It impacts the
whole market including in non urban areas also.
Research report
After the research of this organization we found that this organization will achieve
maximum profit & creates its wealth also. Its focus on corporate E-Governance is
working on for the benefit of society. Its management team are well skilled & they are
professional. On deeply analysis we also fount that this organization will be the major
dominant of paint industry.
CHAPTER – 6
Conclusion and Suggestions
During the last decade the increase in productions of paint is increasing in high
volume. With the changing of rapid Economy, domestic house and construction
work are going very fast.
This is a market, which shows such a boom. Before introducing a new product,
there is a need to know the growing market opportunities, competitor's
performance on that product and market demand. All this information is needed to
formulate market strategies and procure raw materials.
Customer satisfaction tracking will help to minimize the weakness and take
corrective steps to achieve the desired performance. It is the pillor of corporate
success. It is the gospel of today's business.
So, the study conducted by the researchers is so vital to the company as well as to
the researcher to understand the problem and prospects of existing product in the
existing market. From the analysis I found the following conclusion.
Through this was public relation will develop & company may know about the
different aspects of socio - economic & environmental conditions which may
helpful in the further development of the products.
(a) Some consumer says that, the range of KNP product are not available at
a particular time i.e. they switch over to another brands. So, product
range & required shades must be available at the big outlets.
(b) The 2nd quality product like goody must be improved in terms of quality
(c) Packaging should be in accordance with the urban socio-economic
conditions & people’s physiological set up.
(d) Online & telephonic consultancy regarding shades & optimum use of paint
should be provided
(e) The facilities given at the time of festivals should be made throughout the
years, if so then sellers get encouraged & sale will certainly go up.
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BIBLIOGRAPHY
Website : www.nerolac.com
Questionnaire
Name : .......................................................................................................................
Address : ....................................................................................................................
....................................................................... Contact No. ........................................
Educational Qualification .........................................................................................
1. Occupation : ....................................................................................................
a) Service b) Business c) Retd. Person
d) House wife e) Student f) Other
2. Monthly Family Income
a) Upto Rs. 10,000 b) 10,000 to 20,000
c) 20,001 to 30,000 d) Above 30,000
3. When did you last use paint ?
a) Recently b) Last year
c) Last 2 year d) Last 3 year
e) Last 4 year f) Above 4 year
4. Which company Paint you have used previously ?
a) Nerolac b) Berger
c) Asian Paints d) Other
5. Reasons for your Preference for the brand (arrange them) ?
a) Brand Name b) Company Image
c) Quality d) Price
e) Scheme f) Advertisement
g) Friend/Relative h) Dealer's recommendation
i) Past Experience j) Painter's Choice
k) Other
6. Who suggest you to buy the brand you are using ?
a) Self b) Relatives
c) Painter d) Dealer
7. Which type of paints you have used inside in your house ?
a) Emulsion b) Distemper c) Cement Paint
8. If Emulsion which company product you have used ?
9. Which company's interior paints is durable ?
10. How much you satisfied with your interior/exterior paint of your house ?
a) Very satisfied b) Satisfied
c) Less Satisfied d) Not satisfied
11. Who takes the colour decision in your Family ?
a) Self b) Housewife
c) Children
12. Does advertisement influence you to buy a particular brand ?
a) Yes b) No
13. Which media is more effective to influence most your response ?
a) News paper/magazine b) Television
c) Hoarding d) Other sources
14. Do you know KNP is a Japanese Multination Company ?
a) Yes b) No
15. Do you know KNP is the 2nd largest paint company of India?
a) Yes b) No
16. Do you know KNP Consumer Scheme ?
a) Yes b) No
17. Have you find any complain in Nerolac Paint Product ?
..........................................................................................................................
..........................................................................................................................
18. Any suggestions for Nerolac Paint product
Excellent Good Average Poor
Quality
Durability
Price
Date : .....................
Place : .................... Signature of Surveyor