Amit Kumahr Singh Final

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    PROJECT REPORT

    A

    PROJECT REPORT

    ON

    Consumer Behaviour of Narolac Pants

    Training Report towards partial fulfillment for the award of the degree of

    MASTER OF BUSINESS ADMINISTRITION (Finance)

    (2010-12)

    SUBMITTED TO SUBMITTED BYAnuj Singh Yadav Amit Kumar Singh

    Roll No- 1135570003MBA 2nd Year

    Bhabha College of EngineeringRamabai Nagar (Kanpur)

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    PROJECT REPORT

    DECLARATION

    I hereby declare that the project report titled CONSUMER BEHAVIOUR

    OF NAROLAC PANTS is a genuine research work undertaken by me

    under the guidance of .. This information has

    been collected from genuine authentic sources.

    The report is being submitted in partial fulfillment of the requirement of

    MASTERS OF BUSINESS ADMINISTRATION from BHABHA

    COLLEGE OF ENGINEERING.

    Amit Kumar Singh

    MBA 2nd Sem.

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    PROJECT REPORT

    PREFACE

    As a partial fulfillment of two years MBA Programme it is a requirement for

    award of MBA degree that we should go through a partial training for six weeks.

    So, in this regard, we the participants of MBA get ourselves attached to

    somewhere in the organization.

    Then either we choose for ourselves, a problem research, which is to be solved

    during these weeks training programme or organization itself, give the problem forresearch. The problem research is generally chosen taking into consideration the

    weakness of the organisation, so that finally when the findings of the research

    come out through researcher, it helps the organisation to take remedial action.

    As a participant of MBA having marketing specialisation, I joined Kansai Nerolac

    Paints Ltd., where I wan assigned to conduct "Consumer Behaviour for Paints

    Product with particular reference to Kansai Nerolac Paints Ltd., Gaya", I did my

    six weeks Summer Training with full sincerity and devotion.

    To complete such a study required grasp information from the market. I have

    conducted a detailed market survey in the city of Gaya, I had gone through several

    residential area and collected information regarding the Premium emulsion

    especially about Excel emulsion.

    The aim of the survey was to get through information regarding the product being

    in the market and as per that information how a newly and competitive product can

    be launched. My study deals with this.

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    I want to point out a very important aspect of this training that is right from the

    stage of formulating the research problem to the stage of report writing, my

    knowledge specially as regards to marketing research, has undoubtedly enhance.

    It is not a criticism rather than an humble approach of a student of Business

    Management to look into the various problems and may have deficiencies which

    have incurred due to my lack of technical knowledge.

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    PROJECT REPORT

    ACKNOWLEDGEMENT

    It is really precious & unforgettable span of time in my life that I am going to have

    my Project Report. The project of such magnitude cannot be accomplished without

    the assistance and the cooperation of several people exchange of ideas generates a

    new object to work in a better way. I don't have words to express that how happy I

    am today by having this project report, which has been totally completed with the

    help of feeling and facts which I get during my training tenure.

    First of all I am thankful to the almighty god for his invisible support to maintain

    my will power.

    It gives me immense pleasure to acknowledge my in debtness and deep sense of

    gratitude to my Hon'ble teacher and Guide Mr. Vipin Kumar, (Asst. Professor)

    L.N.Mishra College of Business Management, Muzaffarpur, without his scholarly

    guidance, sympathetic and encouraging attitude. It would be not have possible for

    me complete this study.

    I owe special debt of gratitude to Mr. Uttam Kumar (ASM Bihar) for allowing

    me or gave me golden opportunity to work with world's favourite brand having

    second position in India. He gave me all the facilities to enables me to acquire as

    much knowledge and experience while training.

    I am extremely thankful to my project guide Mr. Vivek Kumar (Territory Sales

    Incharge, Gaya) for providing me guidance and helpful information whenever

    necessary in spite of his busy schedule.

    I am also thankful to entire Nerolac family for making my experience most

    memorable one.

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    I am thankful to my seniors and friends who helped me during my project by

    providing their suggestions and encouragement.

    I have deep sense of gratitude to my loving parents who deserve all appreciation

    for making me able to approach to this stage. I have no words to dedicate my

    heartiest pleasure to him whose energetic resource of all kinds of inspiration

    invoke me and motivate in odd hours with my roots day till now.

    Lastly and Finally I am thankful to my loving parents, who have continuously

    inspired and blessed me.

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    PROJECT REPORT

    Executive Summary

    This project aims to study the distribution channels, sales

    network and service patterns of the paint sector through an

    analytical and comparative study of two leading companies-

    Nerolac Paints India Ltd. (NPIL) and Asian Paints Ltd.

    (APIL). The project also tries to bring out the shortcomings,

    if any, in the present system and thus recommends

    suggest ions to improve the same. The project also gives

    insights into the various financial terms, norms of the sales

    and service departments as per the guidelines of the paint

    industry.

    The project was designed after detailed discussion with the

    company off ic ia ls on three parameters i .e. d istr ibut ion

    network, service network and sales functioning. The project

    also includes the insights given by the dealers and officials

    of the company. The sample size of 6 for channel members

    and that for the sales people was 2, for each company.

    Firstly, the project discusses the distribution network of the

    two companies and the functions carried out by the channel

    members. Asian Paints being the largest paint manufacturer

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    In India, definitely have a wider reach and more number of

    dealers than Nerolac.

    The project also covers the f inancial terms of the company

    with the dealers and that of the dealers with the customers.

    Secondly, the project discusses the sales functioning of the

    two compan ies, wh ich includes aspects such as the

    hierarchy of the sales department prevalent in the company;

    the responsibi l i t ies and functions of the sales force, their

    performance appraisal structure etc.

    Final ly the project covers the service network of the two

    companies which deals with the after sale services and their

    effectiveness provided by both the companies and variouscomplaints and queries are handled by them

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    PROJECT REPORT

    CONTENTS

    Preface

    Acknowledgement

    Topic Page No

    Chapter - 1 Introduction of the Study 01 - 05

    (a) Objective of the Study

    (b) Scope of the Study

    (c) Methodology Used in the Study

    (d) Limitation of the Study

    Chapter 2 Introduction of the Organization 06 - 35

    (a) History of the Organization

    (b) Financial Status of the Organization(c) Product Profile of the Organization

    (d) Competitors of the Organization

    (e) Organizational Structure

    Chapter 3 Theoretical Aspect of Consumer Behaviour 36 - 47

    Chapter - 4 " Consumer Behaviour of Paints in Gaya 48 - 56

    Chapter 5 Conclusion & Suggestions 57 - 65

    Bibliography

    Questionnaire

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    CHAPTER - 1

    Introduction of the Study

    (a) Objective of the Study

    (b) Scope of the Study

    (c) Methodology used in the Study

    (d) Limitation of the Study

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    INTRODUCTION OF THE STUDY

    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.

    (a) Objective of the Study

    Every study is done with certain objectives. The study without objectives preset is

    a futile exercise, as it will end in no conclusion.In this competitive environment whole market is consumer oriented. This

    time they are the king of the market. So, by this study I would like to know what is

    there actual role into the market and what is their behaviour towards the products

    and services are getting from respective companies.

    Another objective is to study the level consumer's awareness about different

    brands of paints and that time what is the role of consumers.

    REGARDING THE QUALITY OF BRAND

    To suggest measures to increase the market share Nerolac.

    To know the market size of the 1st quality, 2nd quality, 3rd quality Enamel

    oil bound distemper and automatic paints.

    BUYING BEHAVIOUR OF THE CUSTOMERTo know the buying behaviour of the customer is very important for

    company. Because the company has to determine its strategy according to the

    buying behaviour to know customer behaviour information should be gathered

    from the customer.

    (b) To know the competitive service provided by different paints companies.

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    (c) To know about the response for sales promotion schemes and

    advertisement.

    (d) To give some suggestions for improvement of the market share of Kansai

    Nerolac Paints Limited.

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    Executive Summary

    This pro ject a ims to s tudy the d is tr ibut ion channel s, sal es

    network and service pat terns of the paint sector through an

    analytical and comparat ive study of two leading companies-

    Nerolac Paints India Ltd. (NPIL) and Asian Paints Ltd. (APIL).

    The project also tries to bring out the shortcomings, if any, in the

    present system and thus recommends suggestions to improve the

    same. The project also gives insights into the various financial

    terms, norms of the sales and service departments as per the

    guidelines of the paint industry.

    The project was designed after detai led discussion with the

    company officials on three parameters i.e. distribution network,

    service network and sales functioning. The project also includes

    the insights given by the dealers and officials of the company.

    The sample size of 6 for channel members and that for the sales

    people was 2, for each company.

    Firstly, the project discusses the distribution network of the two

    companies and the functions carried out by the channel members.

    Asian Paints being the largest paint manufacturer

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    In India , def initely have a wider reach and more number of

    dealers than Nerolac.

    The project also covers the financial terms of the company with

    the dealers and that of the dealers with the customers.

    Secondly, the project discusses the sales functioning of the two

    companies, which includes aspects such as the hierarchy of the

    sales department prevalent in the company; the responsibili t ies

    and functions of the sales force, their performance appraisal

    structure etc.

    F inal ly the pro ject covers the service network of the two

    companies which deals with the after sale services and their

    e ffec tiveness provided by both the companies and var ious

    complaints and queries are handled by them

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    Scope of the Study

    The scope of the study for management student gets to apply all their theoretical

    knowledge in the companys 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 thesociety.

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    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.

    (ii) The Secondary Information :

    This secondary data were collected from the internal sources (Companys

    Documents) of as well as some external sources (Paper & Magazines). This

    collection of these data is for easier and less time consuming.

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    Limitation of the Study

    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 onlymeant 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.

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    CHAPTER - 2

    Introduction of the Organization

    (a)History of the Organization

    (b) Financial Status of the Organization

    (c) Product Profile of the Organization

    (d) Competitors of the Organization

    (e) Organizational Structure

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    Introduction of the Organization

    (a) History of the Organization

    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 1983, Goodlass Nerolac Paints Ltd. strengthened itself by entering in technical

    collaboration agreements with Kansai Paint Co. Ltd., Japan and Nihon Tokushu

    Toryo Co. Ltd., Japan.

    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 ofKansai Paint

    Company Ltd.

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    In 2006, on the 11th of July, Goodlass Nerolac Paints Ltd. name has been changed

    to KansaiNerolac Paints Ltd.

    During the journey of continuous performance excellence, we have entered in to

    many technical collaborations with other industry leaders such as E.I. Du-Pont de

    Nemours & Company Inc., USA and Oshima Kogya Company Ltd., Japan for our

    different products.

    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 esteemed to be a subsidiary of Kansai Paint Company Limited, which is

    the largest paint manufacturing company in Japan and among the top ten coating

    companies of the world.

    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 are the leader in powder coatings.

    Vision Values and Culture

    In todays dynamic business environment, no organization can afford to survive

    without a well-articulated and carefully thought vision stating the overall strategic

    direction and long-term future of its business.

    We have been at the forefront of paint manufacturing over eight decades

    pioneering a wide spectrum of quality products that change the face of economy

    and lifestyles of people at large.

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    It is our vision to leverage global technology, for serving our customers with

    superior coating systems built on innovative and superior products and world

    class solutions, to strengthen our leadership in Industrial coatings and propel

    for leadership in Architectural coatings, all to the delight of our stakeholders.

    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 ofKansai Nerolac Paints Ltd., and its associates to achievecomplete customer satisfaction by providing products and services that

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    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 companys aim to constantly reduce waste of material and effort, increase

    efficiencies and ensure safety of plant and people and protection of the

    environment.

    Open Door Policy

    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 ones 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.

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    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.

    Strong vision and values

    Nerolac is a company with very clear and well-defined vision and very strong

    values. Clarity of vision and strong foundation of cultural values have always keptthis company in good stead. Its ethical conduct has always guarded it against any

    possible traps and pit falls.

    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.

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    (B) Financial Status of the Organization

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    (C) Product Profile of Kansai Nerolac Paints Ltd.

    Products

    Decorative Paints Industrial Paints

    Decorative Paints

    (1) Walls

    Interior

    Water Based Paints

    EMULSION

    Nerolac Impression 24 Carat Premium Luxury 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.

    Performance Features & Benefits

    Smooth Velvety Finish with Sheen

    Excellent Flow & Brushability

    Excellent Washability & Stain Resistance

    Very good Antifungal Resistance

    Ease of application

    Low odour.

    Nerolac Impression Metallic

    Product Description

    Nerolac Impression Metallic is a premium quality water base special effect

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    designer series range that creats a variety of special effects and textures on

    interior walls and is based on pure acrylic emulsion

    Performance Features & Benefits

    Smooth Velvety Finish with Sheen

    Excellent Flow & Brushability

    Excellent Washability & Stain Resistance

    Very good Antifungal Resistance

    Ease of application

    Low odour.

    Good aesthetic look

    Can make various designs with different application tools

    Nerolac Disney 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.

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    DISTEMPER

    Nerolac Beauty Premium Acrylic 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.

    Performance Features & Benefits

    Premium Acrylic Distemper

    Ease of application

    Good washability

    Eye soothing matt finish.

    Nerolac Beauty Acrylic Distemper

    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.

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    Performance Features & Benefits

    Economical Distemper

    Ease of application

    Good washability

    Eye soothing matt finish.

    Nerolac Beauty Oil Bound Distemper

    Product Description

    Nerolac Beauty Oil Bound Distemper is supplied in paste form and it can beused for the protection and decoration of fully matured plasterwork, concrete,

    brickwork and asbestos surfaces. The paste is bound with a stable oil emulsion

    medium.

    Performance Features & Benefits

    Ease of application.

    Good washability

    Eye soothing matt finish.

    Solvent Based Paints

    (i) Nerolac Pearls Lustre Finish

    Nerolac Pearls Lustre 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.

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    Performance Features & Benefits

    Silky finish with pearly sheen

    Excellent stain resistance

    Very good washability

    Good applicability

    Tough and hard film.

    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.

    Performance Features & Benefits

    Excellent Water Repellency

    Good Stain Resistance

    Excellent flow characteristics to form smooth and uniform finish

    Excellent Hardness and Durability

    Excellent Gloss.

    Nerolac Satin Enamel

    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.

    Performance Features & Benefits

    Very smooth satin like appearance

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    Good wash ability

    Very good flow and brush ability

    Hard durable film.

    Nerolac Impression Hi-Performance Enamel

    Product Description

    Nerolac Impression Hi-Performance Enamel is a specially designed coating having

    a judicious blend of high quality resin & light fast pigments. It is recommended for

    suitably primed interior & exterior wooden, masonry and metal surfaces.

    Performance Features & Benefits

    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

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    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

    Nerolac Impression Excel Anti Peel Acrylic Exterior Paint

    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.

    Performance Features & Benefits

    Excellent out-door durability

    Very good colour retention

    Faster drying

    Smooth & Matt to Slight Sheen finish

    Excellent resistance to fungal and algae growth

    Easy to apply and maintain

    Superior washability & scrub resistance

    Very wide range of beautiful colours

    Very good coverage thus good value for money.

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    Nerolac Impressions Excel Total All in One Acrylic Exterior Emulsion

    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*

    Performance Features & Benefits

    Excellent Dirt Pick up Resistance

    Excellent resistance to fungal and algae growth

    7 year warranty*

    Excellent out-door durability

    Very good colour retention

    Smooth & High Sheen finish

    Easy to apply and maintain

    Superior washability & scrub resistance

    Very wide range of beautiful colours

    Very good coverage thus good value for money.

    Nerolac Suraksha Advanced Plastic Exterior Paint

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    Product Description

    Nerolac Suraksha Advanced Plastic Exterior Paint is an economical water

    thinnable coatings, specially designed for application on exterior walls in dry or

    moderatey humid climatic conditons. It has good Washability, Anti-Algal & Anti

    Fungal properties.

    Performance Features & Benefits

    Economical water thinnable coating

    Better outdoor durability

    Smooth and pleasing finish with Sheen

    Performance much superior to cement paint

    No need of curing.

    Nerolac Suraksha Plastic Exterior Paint

    Product Description

    Nerolac Suraksha Plastic Exterior Paint is an economical water thinnable coatings,specially designed for application on exterior walls in dry or moderatey humid

    climatic conditions. Nerolac 'Suraksha' is much superior to normal cement paint

    coatings in respect to exterior durability, finish, washability and resistance to

    fungus / algae.

    Performance Features & Benefits

    Economical water thinnable coating

    Better outdoor durability

    Smooth and pleasing finish

    Performance much superior to cement paint

    No need of curing.

    TEXTURED

    Nerotex Matt Decorative And Protective Exterior Finish

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    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.

    Performance Features & Benefits

    Very good exterior durability

    Matt and textured finish

    Good resistance to fungus, algae and moulds

    Good flexibility and adhesion

    Good washability

    CEMENT

    Nerocem with Titanium+

    Product Description

    Nerocem with Titanium + is available in powder form. It is an economical exterior

    product specially formulated by using best quality white cement and other

    ingredients to get an economical exterior product. It is useful for the protection and

    decoration of the surfaces.

    Performance Features & Benefits

    Easily mixable with water

    Superior water repellency

    No cracking, flaking or peel off

    Excellent hiding power

    Ease of application by brushing.

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    NEROLAC IMPRESSION EVER LAST SELF CLEANING

    Nerolac Impression Everlast Self Cleaning

    Product Description

    Nerolac Everlast with pliolite is a specially designed solvent based exterior

    coating having superior properties with respect to protection of masonry surfaces

    from aggressive environmental conditions. It is formulated by using ideal

    combination of true pigments and special type of extenders, dispersed in a

    balanced combination of different grades of Styrene Acrylate Resins and

    plasticized with ultra violet stabilized grade of plasticizer.

    Performance Features & Benefits

    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

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    (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

    (VI) Water Clear Lacquer

    Variants - NA

    (VII) Wood Stains

    Variants - NA

    Type of Coat - Color

    (VIII) NC Sanding Sealer

    Variants - NA

    Type of Coat - Base Coat

    Features - White & opaque in appearance, Quick Drying

    (IX) NC Wood Filler

    Variants - NA

    Type of Coat - Base Coat

    Usage - Wood, Veneer, MDF

    (X) NC Thinner

    Variant - NA

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    Type of Coat - Thinner

    Features - Compatible with NC & Melamine based products

    (3) Metals

    Nerolac Impression Hi-Performance Enamel

    Product Description

    Nerolac Impression Hi-Performance Enamel is a specially designed coating

    having a judicious blend of high quality resin & light fast pigments. It is

    recommended for suitably primed interior & exterior wooden, masonry and

    metal surfaces.

    Performance Features & Benefits

    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.

    Nerolac Satin Enamel

    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.

    Performance Features & Benefits

    Very smooth satin like appearance

    Good washability

    Very good flow and brushability Hard durable film.

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    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.

    Performance Features & Benefits

    Excellent Water Repellency

    Good Stain Resistance

    Excellent flow characteristics to form smooth and uniform finish Excellent Hardness and Durability

    Excellent Gloss.

    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 ofKansai 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

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    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.

    The product range is backed up by a strong technical service network of experts

    placed at customers end, training programs, VA/ VE activities in co-ordination

    with customers resulting in ultimate delivery of optimized painting solutions.

    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:

    Pretreatment (PT) chemicals

    Degreasing chemicals - High Temp. / Low Temp.

    De-rusting chemicals

    Phosphating Chemicals - Di-cationic and Tri-cationic

    Activation and Passivation chemicals

    Surface Conditioners

    Pretreatment Chemicals for plastics

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    Electro Deposition (ED) Primers

    Polybutadiene Resin Based Anodic Electrodeposition Primer

    Epoxy Resin Based Cathodic Electrodeposition Primer

    Acrylic Resin Based Cathodic Electrodeposition Primer

    Intermediate Coats / Primer Surfacers

    Conventional Primers, based on - Alkyd-Amino Epoxy Polyester amino

    Polyurethane

    The Intermediate Coats are available in White, Light Grey, Dark Grey, Red, Blue

    and other specific colours as required by OE manufacturers.

    Top Coats

    Solid Colours, based on -

    Alkyd-Amino, TSA Polyester amino, Polyurethane

    Metallic / Mica, based on -Polyester, Thermo-setting Acrylic, Polyurethane

    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

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    The entire range of products from Primers to Top Coats are available as per

    customers' specific colour/performance need.

    General Industrial Coatings

    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

    Polycoat Powders Ltd.

    Polycoat Powders Ltd., is an associate company of M/s. Kansai Nerolac Paints

    Ltd., occupying the No.1 position in the powder coating segment in India.

    Polycoat Powders Ltd. is an ISO-9001 certified company and is engaged in the

    manufacture of Thermosetting Powder Coatings since 1984. The powders are

    manufactured in technical collaboration with Kansai Paints - Japan which is

    among the top 10 Coating companies in the world. The manufacturing facilities

    for Powder Coating are at Lote Parshuram in Ratnagiri district, Maharashtra &

    at Bawal,Haryana.

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    (d) Competitors of the Organization

    Kansai Nerolac Paints Ltd. is a Company of 1320 crore turnover. Company is

    giving its service from more than eight decades. In the market company is

    prevailing with great impact in the mind of customers. Now - a - days KNP Ltd.

    has to face caught throat competition in the market because there is a large no. of

    competitors. In both the segment Decorative and Industrial, Its competitors are as

    follows :-

    Decorative IndustrialAsian 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

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    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

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    (e) Organizational Structure

    A sale organization is both an orienting point for co-operative endeavor and astructure of human relationships. It is a group of individuals striving jointly to

    reach qualitative and bearing formal and informal relations to one another.

    Existence of a sales organization implies the existence of patterns of relationships

    among subgroups and individuals established for purposes of facilitating

    accomplishment of the group's aims.

    A good and efficient sales organization is the foundation for execution of sales

    policy and sales programme.

    The concept of organizational structure is somewhat abstract and illusive.

    However it is real and effects everyone in the organization.

    According to March and Siman, "Organizational structure consists of those aspects

    of pattern of behaviour in the organization that are relatively stable and change

    only slowly."

    It facilitates the growth of the organization. It stimulates creative thinking and

    initiative by proving well defined are of work with provisions for development of

    new and improved ways of working.

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    Organizational Structure

    Managing Director

    Vice-President, Sales

    Zonal Manager

    (East)

    Zonal Manager

    (West)

    Zonal Manager

    (North)

    Zonal Manager

    (South)

    R.S.M R.S.M R.S.M R.S.M

    Unit Head,Bihar & Nepal Unit Head,Jharkhand Unit Head,Orissa

    Territory Sales

    Incharge

    Territory Sales

    Incharge

    Territory Sales

    Incharge

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    CHAPTER - 3

    A THEORETICAL ASPECT OF CONSUMER

    BEHAVIOUR

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    A THEORETICAL ASPECT OF

    CONSUMER BEHAVIOUR

    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 :- Persons that have need as well as ability and authority to

    purchase that goods and services.

    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.

    This deliberation relates to many variables and is aimed to solving consumption

    problem. Among these problems the first and foremost is to decide whether to

    spend money or to save it.

    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.

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    During my study I found that how consumers make a decision for buying a

    product.

    Models of consumer behaviour

    The bayer's characteristics and decision process lead to certain purchase decision.

    The marketers task is to understand what happens in the buyers consciousness. The

    buyers' behaviour is stimuli response between the arrival of outside stimuli and the

    buyers' purchase decision.

    Marketing

    stimuli

    Other stimuli Buyers'

    characteristics

    Buyers' decision

    process

    Buyers'

    decisionProduct

    Price

    Place

    Promotion

    Economic

    Technological

    Political

    Cultural

    Cultural

    Social

    Personal

    Psychological

    Problem Recognition

    Information Search

    Evaluation of

    alternative

    Purchase decision Post

    Purchase behaviour

    Product choice

    Brand choice

    Dealer choice

    Purchase

    Timing

    Purchase

    amount

    A consumer buying behaviour is influenced by cultural, social, personal and

    psychological factors exerts the product and deppest influences.

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    It may be shown as follows :-

    Factors

    Cultural Social Personal Psychological

    Cultural Sub-Cultural Social Class

    Factor Factor Factor

    Reference Group Family Rules and Status

    Age & Stage Occupation & Economic Personal and Life Style

    Life Cycle Circumstances Self concept & Values

    Motivational Learning Perception Believes & Attitude

    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

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    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.

    Social classes are divided into seven terms :-

    Upper - upper class

    Lower - upper class

    Upper - middle class

    Middle - Class

    Working Class

    Upper - lower classes

    Lower-lower class

    (2) SOCIAL FACTORS :-

    A consumer behaviour is also influenced by such social factors as reference group,

    family, role & status.

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    Reference Group :-

    Many groups influence a person's behaviour. A person's behaviour group that have

    a direct or indirect influence on the person's attitudes and behaviour. Groups

    having a direct influence of a person are called membership groups. These are

    groups to which the person belongs and interacts. Some are primary groups such as

    family, friends neighbours with which the person interacts fairly continuously.

    Primary groups tend to be informal. A person also belongs to secondary groups

    such as religious, professional and trade union groups which tend to be more

    formal and require less continuous interaction.

    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 mayact 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.

    Here are Typical product patterns

    Husband dominant :- Life insurance, Automobiles, T.V.

    Wife dominant : - Washing Machine, Furniture, Kitchenware

    Equal :- Vacation, Housing, Outside entertainment.

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    Roles and Status :-

    A person participates in many groups :- family, clubs and organization. The

    person's position in each group can be defined in term's of roles and status. A role

    consists of the activities that a person is expected to perform. Each role carries a

    status. A supreme court justice has more status than a sales manager and a sales

    manager has more status than an office clerk. People choose products that

    communicate their role and status in society. Thus company drive Mercedes, wear

    expensive suits and drink chives regal scotch. Marketers are aware of the status

    symbol potential of products and brands.

    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.

    Age and Life cycle stage :-

    People buy different goods and services over their lifetime. The eat baby food inthe years, matured foods in the growing and mature years, and special diets in the

    latter years. People's taste in clothes furniture and recreation is also age related.

    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

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    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.

    Personality and Self-concept

    Each person has a distinct personality that will influence his or her buying

    behaviour. By personality we mean the person's distinguishing psychologicalcharacteristics that lead to relatively consistent and ending responses to his or her

    environment. Personality is usually described in terms of such facts as self

    confidence, dominance, autonomy difference, sociability, defensiveness and

    adaptability.

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    (4) Psychological Factors

    A person's buying choices are influenced by four major psychological factors

    Motivation,

    Perception

    Learning and Beliefs

    Attitudes

    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 mightperceive 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.

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    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.

    Beliefs and Attitudes :-

    Through doing and learning people acquired beliefs and attitudes. These turns

    influence buying behaviour. A belief is a descriptive thoughts that a person holds

    about something.

    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.

    An attitude is a persons enduring favourable or unfavourale evaluation emotional

    feelings and action tendencies towards some object or ideas.

    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.

    *************

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    CHAPTER - 4

    Consumer Behaviour of Paints in Gaya

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    Consumer Behaviour of Paints in Gaya

    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 :-

    1. When did you last use paint ?

    YEAR % OF RESPONDENTLast Year 39

    2-3 Year 36.25

    3-4 Year 06.08

    4-Above 18.08

    0

    5

    10

    15

    20

    25

    30

    35

    40

    45

    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.

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    2. Which brand for paints you prefer ?

    NAME OF THE COMPANY % OF RESPONDENT

    Nerolac 25%

    Asian Paints 30%

    Berger 20%

    Others 25%

    25%

    30%20%

    25%

    Nerolac Asian Paints Berger Others

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    3. What are the reasons for using that product ?

    REASON % OF RESPONDENT

    Brand Name 11.5%

    Price 20.5%

    Quality 54.5%

    Advertisement 10.5%

    Max. Shade 0.3%

    0.00%

    10.00%

    20.00%

    30.00%

    40.00%

    50.00%

    60.00%

    Brand Name Price Quality Advert isement Max. Shade

    4. Who suggest you to buy the brand you are using ?

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    SUGGESTION % OF RESPONDENT

    Self 32

    Painter's Choice 40

    Dealer/Retailer 28

    32%

    40%

    28%

    Self Painter's Choice Dealer/Retailer

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    5. Does advertisement influence you to buy a particular brand of paint ?

    RESPONSE % OF RESPONDENT

    Yes 48.9

    No 41.0

    Can't Say 10.1

    49%

    41%

    10%

    Yes No Can't Say

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    6. Do you know KNP is Japanese Multi National ?

    RESPONSE % OF RESPONDENT

    Yes 21

    No 79

    21%

    79%

    Yes No

    8. Do you know KNP is the 2nd largest paint company of India ?

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    RESPONSE % OF RESPONDENT

    Yes 10

    No 90

    10%

    90%

    Yes No

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    9. Do you know KNP consumer scheme ?

    RESPONSE % OF RESPONDENT

    Yes 18

    No 82

    18%

    82%

    Yes No

    ********

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    CHAPTER - 5

    Conclusion and Suggestions

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    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.

    1. The first and most important thing is to strengthen the chain of

    management.

    2. Since Brand cast media found out to be the most important source of

    information therefore nerolac should concentrate its promotional activities

    towards television advertisement.

    3. There is need to increase the sub dealers which could be done by motivating

    the probable consumer with competitive price, schemes etc.

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    4. When the researcher asked which source of advertisement is more effective,

    70% said TV and Radio, 20% said poster or hoarding, 10% said company

    representative.

    5. Approx 79% respondent did not know Kansai Nerolac Paints ltd. is

    Japanese multinational company.

    6. Approx 55% respondent consumer attitudes good about Nerolac product

    regarding its quality.

    7. When the researcher asked about complain regarding KNP products 90%

    respondents said "No.".

    8. Painters meeting is also not organised by the company at regular intervals

    which results in the ignorance of Painters about KNPL products.

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    SUGGESTIONS :-

    Companys Representative should go in every sector of the market to demonstrate

    their products & convince them by making them aware about the products price &

    quality according the socio -economic & environmental factors.

    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.

    Regarding Public Relation

    Consumer is the basic foundation of every business. When consumer see, thinks,

    prefers and buys is of great importance to marketers to fine tune their marketing

    offers and achieve high level of consumer acceptance and satisfaction.

    Apart from business activities there is something, which increase the public

    relation, that is behavior. It should be very cordial & affectionate which mount

    pressure on sellers to increase the sales volume.

    The various steps could be taken to increase public relation in Rural areas.

    A. It is not possible for the companys higher authorities to visit every look

    & corner of the Rural market. So, it is the task of local representative to be in

    regular interval, use telephonic task & mail.

    B. At regular interval, product demonstration should be arranged at public.

    place in Rural areas to make the people acquitted with the products

    C. This face -to- face will be help to know the wants & desires of the

    people & on the basis of which company can improve the products.

    D. Conducting sellers meeting region wise or area wise will certainly help

    in getting the problems of sellers face -to -face & a close contact between the

    top management & the sellers will quickly & efficiently sort out many

    problems of the sellers on the spot . These type of meeting certainly help the

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    sellers professionally & will help in increasing the dealership network of the

    company.

    E. As we know that painters influence the customers, the another step to

    increase the public relation & boost the image of company is to conduct

    workshop for painters. Most of the painters do not get any formal & systematic

    training for painting. In this type of workshop the company should give technique

    how to optimize the use of paints perfect combination of paints & thinners ,

    the making the newer shades through mixing available shades etc. By these type

    of workshop the company on one hand educated painters for the best use of

    the paints on the others hand , will make goodwill among painters . Apart from

    above suggestions as follows

    (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 & peoples 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

    Marketing Management : Analysis, Planning,

    Implementation and Control

    Prentice Hall Inc., Ninth

    Edition by Kotlar, Philip.

    Marketing Management : The Indian Context, Second Edition,

    By Ramaswamy and Namakumari

    Marketing Research : Seventh Edition, Prentice Hall

    Inc., By Luck, David J. and Rubin,

    Ronald S.

    Sales Management : Eighteenth Indian Reprint,

    Prentice Inc. by Still,

    Richard R., Cundiff,

    Edward W, sand Govoni,

    Norman A.P.

    Magazine : Business India & India Today

    Website : www.nerolac.com

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    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

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    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