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INTRODUCTION
COMPANY PROFILE
1.11Objectives
3
It is necessary to specify the objectives of the study. This is because of specification of objectives
will enable us to study various areas and aspects with clarity.
Aim of the study is to analyze the gap and suggest strategy to retailers, for marketing Harns Argo
Argo Products.
1.
2.
3.
4.
The researcher intention to reach to a large sample size could not be accomplished due to
lack of time and financial resources the intention could not be accomplished upon the
desired level.
Some respondents were reluctant to reveal the informations on the pretext that they
didnt have sufficient time.
There was information bias occurred at the time of data collection.
Motivating the people for the survey was a challenging part of the survey.
Despite all of the limitations efforts are being made to overcome the errors in the survey.
RESEARCH METHODOLOGY
2Research Methodology
Research design is needed because it facilitates the smooth sailing of the various research
operations, thereby making research as efficient as possible yielding maximal information with
minimal expenditure of effort, time and money. Just as for better, economical and attractive
construction of a house, we need a blueprint well thought out and prepared by an expert
8
architect; similarly we need a research design or plan in advance of data collection and analysis
for our project. Research design stands for advance planning of the methods to be adopted for
collecting the relevant data and the techniques to be used in their analysis, keeping in view the
objective of the research and the availability of the staff, time and money.
Preparation of the research design should be done with great care as any error in it upset the
entire project. Research design, in fact, has a great bearing on the reliability of the results arrived
at the end as such constitutes the firm foundation of the entire edifice of the research work.
Primary data.
Secondary data.
SECONDARY DATA:
It refers to those data that was already being corrected by and analyzed by someone else. This
data is collected from
Reports
Magazines.
Newspapers and books
Internet
The study was aimed at understanding and analyzing the retailer perception towards
Harns Argo Products.
SALES ANALYSIS:
The study will help in analyzing the sales of territories where the respondent retailers are located
in terms of sales volume, their sales calls closing ability.
MOTIVATION-MIX ANALYSIS:
This study will definitely help in ganging the adequacy of current motivators on sales
performance of retailers.
RETAILERS ANALYSIS:
The study also focused on evaluating retailers in terms of sales performance and mention
expectations by keeping in view other performance of last 2 to 3 years. This will help them
ranking in terms of sales turnover and their consistency in sales performance and additional sales
generation.
MARKET ANALYSIS:
This study will help in knowing that the numbers of retailers are energies to capture this
particular market. This study will help in knowing the companys share and total market demand
through market argument competition density etc.
ANALYSIS BETWEEN COMPANY & RETAILERS:
The studies are also focused on the expectations of retailers from company and extend of their
fulfilment though communication effectiveness, complaints, handling etc.
11
ANALYSIS OF DATA
12
This chapter is the core part of my dissertation because it includes the research findings
expressed by text, figures, tables, charts and graphs. It is absolutely important to present them
clearly for precise analysis.
In order to get the 150 respondents are chosen as sample space thereby making them fill my
questionnaires. To conduct the survey 10 respondents are interviewed each day. Total of 15 days
being taken to complete the entire process and 1 more day for calculating the figures thus
obtained.
My areas of survey includes main areas of town shops closer to market areas, residential area,
city malls, station square, bus stands and the like .
My visits included outskirts of town like.
The charts and graphs used are pie chart, column and bar graphs.
Therefore I present my findings of the survey report conducted in this chapter.
13
Q.1. How many Harns Argo Products you sell in a month on an average?
RESULTS
parameters
NO OF
RESPONDENTS
PERCENTAGE RATINGS
0 - 10
Nov-20
65
43.33
21 - 30
31 &
above
85
56.67
TOTAL
150
100
(Table1.2)
Nov-20
21 - 30
31 & above
43%
57%
(Figure1.4)
While conducting my survey in area I found that there is a good progress in selling of Harns
Argo Products. 21-30 number of Products of Harns Argo recorded highest selling in one month
on an average in those shops which are strategically located in the central parts of city area.
Then 11-20 nos of Product are sold in outskirts of area mainly due to available feature in an
affordable price. So location and price are the two crucial factors which made to sell the Products
more in numbers. Due to stiff competition the Products figures have not yet reached to 31 and
above in the city areas because city dwellers are a bit brand consciousness.
14
RESULTS
PARAMETERS
NO OF
RESPONDENTS
PERCENTAGE
RATINGS
EXPRODUCTENT
30
20
GOOD
70
46.67
AVERAGE
30
20
BELOW AVERAGE
20
13.33
TOTAL
150
(Table 1.3)
100
CONSUMER RESPONSE
EXCELLENT
GOOD
AVERAGE
BELOW AVERAGE
13%
20%
20%
47%
(Figure 1.5)
Consumers opinion is taken to use them while figuring out of sales performance. In their
opinion they rated Harns Argo products as good one because they believe that it is the only
product available in the market with good quality and affordable price.
15
RESULTS
NO OF
RESPONDENTS
PERCENTAGE
RATINGS
75
35
25
15
150
50
23.33
16.67
10
100
PARAMETERS
ExProductent
Good
Average
Below Average
Total
(Table 1.4)
RETAILERS OPINION
Excellent
Good
Average
Below Average
10%
17%
50%
23%
(Figure1.6)
A reasonable sales volume generated by the retailer thus adds profit margins to his account.
Retailers also replied most of their target customers are the college students and they the Harns
Argo Products because of its sleek design and reasonable pricing.
16
RESULTS
PARAMETERS
NO OF
RESPONDENTS
PERCENTAGE
RATINGS
15
65
45
25
150
10
43.33
30
16.67
100
exProductent
good
average
below average
TOTAL
(Table 1.5)
PRODUCT AVAILABILITY
excellent
good
average
below average
17% 10%
30%
43%
(Figure 1.7)
The reason being consumers are not updated to the latest product availability in the market.
Creating awareness by retailers is a way to make people updated which is not given a due
17
importance in these areas. The only awareness quotient being the TV ads and paper ad
published by the company.
Q.5 What age of people do you think purchase Harns Argo Argos?
RESULTS
Parameters
NO OF
RESPONDENTS
PERCENTAGE
RATINGS
less than 20
20 - 30
30 - 40
40 & above
TOTAL
5
85
35
25
150
3.33
56.67
23.33
16.67
100
(Table 1.6)
20 - 30
17%
30 - 40
40 & above
3%
23%
57%
(Figure 1.8)
The highest number of purchase is made by the age group 20-30 which is 85 out of 150, as
compared to other options.
18
In other segments i.e. 40 and above age are less aware about Harns Argo products availability,
features and its usage hence dont prefer to buy these products. They firmly believe on proven
technology and prefer to take branded items at affordable rates and prefer to take low segment
Argo Product available in branded items category
Q.6 Opinion on delivery of Harns Argo products as per order made distributors?
RESULTS
PARAMETERS
NO OF
RESPONDENTS
exProductent
good
average
below average
TOTAL
5
25
85
35
150
PERCENTAGE
RATINGS
3.33
16.67
56.67
23.33
100
(Table 1.7)
PRODUCT DELIVERY
excellent
good
23%
average
3%
17%
57%
(Figure 1.9)
19
below average
Distribution channels are probably the most visible aspects of any companys marketing efforts.
In this case, there might be spatial discrepancy caused in the exchange process because of the
geographical distance. Or else it could be temporal discrepancy caused in the exchange process
because of the time gap the time the product consumed or time the product is produced.
Q7. Marketing efforts of Harns Argo company as compared to its competitors?
RESULTS
PARAMETERS
NO OF
RESPONDENTS
PERCENTAGE
RATINGS
10
45
95
1
150
6.67
30
63.33
0.6
100
exProductent
good
average
below average
TOTAL
(Table 1.8)
MARKETING EFFORTS
excellent
good
average
below average
1% 7%
30%
63%
(Figure 2.0)
Marketing efforts of the company is considerable one. Adoption of new methods of marketing is
less seen in , which is affecting the increase in Product sales. Marketing increases awareness
level in consumers and priority should be given to these matters. Priority on change in product
20
addition, introducing new price and models, advertising, sales promotion and publicity, sales
force, customer service and the like are not upgraded with time. As a result the no of outlets
didnt increase subsequently with the changing times. This concludes to say that marketing
efforts are not properly planned which results in rating average.
RESULTS
PARAMETERS
NO OF
RESPONDENTS
PERCENTAGE
RATINGS
10
45
95
1
150
6.67
30
63.33
0.6
100
exProductent
good
average
below average
TOTAL
(Table 1.9)
PROMOTIONAL SUPPORT
excellent
good
average
below average
1% 7%
30%
63%
(Figure 2.1)
21
Unlike marketing efforts retailers pointed out the same views for promotional efforts given by
the company. Retailers said that promoting the products through product placements, internet,
radio, contest , sponsorships are not being done by the company to promote the product, which is
hampering the growth in that area. Attractive sales promotion schemes can pull more customers
to purchase the company products.
RESULTS
PARAMETERS
exProductent
good
average
below average
TOTAL
NO OF
RESPONDENTS
PERCENTAGE
RATINGS
45
85
15
5
150
(Table1.10)
30
56.67
10
3.33
100
good
10%
average
below average
3%
30%
57%
(Figure 2.2)
22
The reason being the increase in sales figure. They added that if company will give more priority
on the issues like sales promotions and marketing efforts then the sales figure could grow even
higher and company can make a reach to more inhabitants in that area
RESULTS
ATTRIBUTES
NO OF
RESPONDENTS
PERCENTAGE
PRICE
QUALITY
DEMAND
BRAND IMAGE
TOTAL
65
45
25
15
150
43.33
30
16.67
10
100
(Table 1.11)
IMPORTANT ATTRIBUTES
PRICE
QUALITY
DEMAND
BRAND IMAGE
10%
17%
43%
30%
(Figure 2.3)
23
They also replied that quality is next important factor after pricing because a customer having
purchasing power will not seek to price rather, will check the quality of the product , the
technology it has is upgraded one or not.
Q 11. Comparing to other company products, you rank Harns Argo products as?
RESULTS
PARAMETERS
exProductent
good
average
below average
TOTAL
NO OF
RESPONDENTS
PERCENTAGE
14
130
5
1
150
9.33
86.67
3.33
0.67
100
(Table 1.12)
24
3%1% 9%
excellent
good
average
below average
87%
(Figure 2.4)
Remarkably a huge percentage of retailers have marked Harns Argo products as good its due to
the products pricing and other important accessories that it is offering for the consumers. One
more thing that they added is that the product is largely accepted by the middle class consumers
which are high in numbers in the market and these categories of consumers look the thing which
is value for money.
Q .12 Comparing to other company products the price of products of Harns Argo is?
RESULTS
PARAMETERS
very high
high
reasonable
low
TOTAL
NO OF
RESPONDENTS
PERCENTAGE
0
0
140
10
150
0
0
93.33
0.67
100
(Table 1.13)
25
high
reasonable
low
7%
93%
(Figure2.5)
Harns Argo Argos have been launched in the INDIAN market by strategic pricing which has
been positioned as low cost Argo Productsin INDIAN market. Thus the choice of option was bit
easy for the retailers to say the Product to be reasonably priced. In addition to that they said that
low cost price is generating revenues for them as sales volume are rising and demand base for
low cost Products are up rolling in the markets. To somewhat branded Product companies are
posing a serious threat from these Product makers.
Q .13 Opinion about the discounts offer of Harns Argo products is?
RESULTS
NO OF
RESPONDENTS
PERCENTAGE
Very attractive
120
80
Fairly attractive
25
16.67
Not attractive
3.33
No offer
TOTAL
150
100
PARAMETERS
(Table 1.14)
26
Fairly attractive
Not attractive
No offer
17%
3%
80%
(Figure2.6)
80 percent of the retailers voted that Harns Argo Argos discount offer is fairly attractive. The
reason for this reply is mainly due to the sales target they achieve in month is quite high as
compared to other Argo products. And most of the consumers in area are showing a keen interest
towards the purchase of low cost Argo Product for their usage.
Q14 After sales service that has been provided by company is?
RESULTS
PARAMETERS
NO OF
RESPONDENTS
PERCENTAGE
ExProductent
20
13.33
Good
95
63.33
Average
30
20
Below Average
3.34
TOTAL
150
100
(Table1.15)
27
Good
Average
Below Average
13%
20%
67%
Figure 2.7)
Customers are facing problems in getting support assistance from the company. People those
who stay in the outskirts of area are finding difficulties to come and show there problems in the
city market.
Q 15 What are the elements you miss in Harns Argo Argo sets?
RESULTS
PARAMETERS
NO OF
RESPONDENTS
PERCENTAGE
Durability
10
6.67
Availability
110
73.33
Design
27
18
Any other
TOTAL
150
100
(TABLE1.16)
28
Availability
18%
Design
Any other
2% 7%
73%
(Figure 2.8)
They said that with rapid industrialisation in income of the people are rising and they are slowly
changing their minds to make themselves upgraded with latest features of cell Products. So
company needs to think about the growing income in demographics and take strategic actions as
necessary.
Q16. In your opinion what is the future of Harns Argo Argo Products?
RESULTS
PARAMETERS
NO OF RESPONDENTS
PERCENTAGE
ExProductent
100
66.67
Good
30
20
Average
20
13.33
Below Average
TOTAL
150
100
(TABLE1.17)
29
13%
20%
67%
(Figure 2.9)
Retailers are in a view that Harns Argo has an excellent future in Argo Product business, mainly
because of its value for money promise to the customers.
RESULTS
30
Findings
While conducting my survey in area I found that there is a good progress in selling of
Harns Argo Products. 21-30 number of Products of Harns Argo recorded highest selling
in one month on an average in those shops which are strategically located in the central
parts of city area. Then 11-20 nos of Product are sold in outskirts of area mainly due to
available feature in an affordable price. So location and price are the two crucial factors
which made to sell the Products more in numbers. Due to stiff competition the Products
figures have not yet reached to 31 and above in the city areas because city dwellers are a
bit brand consciousness.
31
Consumers opinion is taken to use them while figuring out of sales performance. In their
opinion they rated Harns Argo products as good one because they believe that it is the
only product available in the market with good quality and affordable price.
A reasonable sales volume generated by the retailer thus adds profit margins to his
account. Retailers also replied most of their target customers are the college students and
they the Harns Argo Products because of its sleek design and reasonable pricing.
The reason being consumers are not updated to the latest product availability in the
market. Creating awareness by retailers is a way to make people updated which is not
given a due importance in these areas. The only awareness quotient being the TV ads and
items category
Distribution channels are probably the most visible aspects of any companys marketing
efforts. In this case, there might be spatial discrepancy caused in the exchange process
because of the geographical distance. Or else it could be temporal discrepancy caused in
the exchange process because of the time gap the time the product consumed or time the
product is produced.
Marketing efforts of the company is considerable one. Adoption of new methods of
marketing is less seen in , which is affecting the increase in Product sales. Marketing
increases awareness level in consumers and priority should be given to these matters.
Priority on change in product addition, introducing new price and models, advertising,
sales promotion and publicity, sales force, customer service and the like are not upgraded
with time. As a result the no of outlets didnt increase subsequently with the changing
times. This concludes to say that marketing efforts are not properly planned which results
in rating average.
Unlike marketing efforts retailers pointed out the same views for promotional efforts
given by the company. Retailers said that promoting the products through product
placements, internet, radio, contest , sponsorships are not being done by the company to
promote the product, which is hampering the growth
promotion schemes can pull more customers to purchase the company products.
32
The reason being the increase in sales figure. They added that if company will give more
priority on the issues like sales promotions and marketing efforts then the sales figure
could grow even higher and company can make a reach to more inhabitants in that area
They also replied that quality is next important factor after pricing because a customer
having purchasing power will not seek to price rather, will check the quality of the
branded Product companies are posing a serious threat from these Product makers.
80 percent of the retailers voted that Harns Argo Argos discount offer is fairly attractive.
The reason for this reply is mainly due to the sales target they achieve in month is quite
high as compared to other Argo products. And most of the consumers in area are
showing a keen interest towards the purchase of low cost Argo Product for their usage.
Customers are facing problems in getting support assistance from the company. People
those who stay in the outskirts of area are finding difficulties to come and show there
problems in the city market.
They said that with rapid industrialisation in income of the people are rising and they are
slowly changing their minds to make themselves upgraded with latest features of cell
Products. So company needs to think about the growing income in demographics and
take strategic actions as necessary.
Retailers are in a view that Harns Argo has an excellent future in Argo Product business,
mainly because of its value for money promise to the customers.
33
SUGGESTIONS
34
SUGGESTIONS
The retailers should plan for expansion in the product length.
Company should open more customer care & repair centres in
because
consumers find difficulties in getting their Argo Products repaired. This will
increase the sales figure as well because repair centres will provide authentic
service and consumer will rely on this service.
Company should more emphasize on the state-or-art. (New Technology/Advanced
Technology) and better quality solutions and try to make people feel the experience
The retailers should be provided with the prevailage partners from the company.
The retail shop will get around two thirds of its revenues from the Products sold.
With every purchase of Harns Argo Products trendy and attractive carry bags
should be given to the consumers designed by the company.
Retailers should also donate money for local sponsorships like quiz or sports like
cricket or other local sports to embark the popularity of the product.
Following a Frontal and Flanking attack strategy should be adopted by the
retailers
Company should provide attractive racks or carrying case to keep the Products to
retailers to draw attention of customers.
Any schemes available in the market should be sent to customers Argo Product
by using sms softwares.
Company should provide attractive sign/glow boards to retailers for advertising
the new launch of models.
Now a days social media is most liked by people and are more common to young
mass. This has not only restricted to young mass but also driving an influence in
the professionals as well. So application oriented Products should be brought by
the retailers into the market in large as the population of young mass and
professionals is growing in rapidly.
3g Products also needs and introduction in area because technology of Argo
Products has got a drastic change in INDIA and other branded companies are
focusing more on these issues.
Every year there should be a ARGO MELA conducted by the company in so
that people will come to know the effectiveness of Argo Product in their daily life.
These MELA are to be organised by the retailers as well. There should be Argo
displays and tips to be provided to the visitors to take care their Products.....
Location in a pertinent issue which needs substantial planning before starting of
the business. Strategically locating the store will boost up the sales figure and
increase in footfall also.
Business leads and clients are a crucial for the business. Making and creating contacts
and networking is very important therefore building the potential clients base before the
launch of business. Start marketing of business by giving away some products and
services. By creating a relationship with your potential customers, a trust should be built
with them, and at launch, it will be easy for them to buy from you.
36
BIBLIOGRAPHY
37
www.google.com
Book References
Video tape
NDTV Profit Money mantra: can Argos push up the economy
38
QUESTIONNAIRE
39
QUESTIONNAIRE:
Dear Sir/Madam,
This project is to be submitted to the AIMA for the award of PGDM. Hence I, request you to
kindly spend few minutes of your valuable time in answering this.
(c) Samsung
(d) Motorola
(e) HTC
(f) Blackberry
(g) LG
[]
b) 11-20
[]
c) 21-30
[]
d) 31 and above [ ]
b) Good [ ]
d) Below Average [ ]
b) Good [ ]
c) Average [ ]
d) Below Average [ ]
b) Good [ ]
d) Below Average [ ]
What ages of people do you think purchase Harns Argo Argo most.
a) Less than 20 [ ]
b) 20-30 [ ]
c) 30-40 [ ]
d) 40 and above [ ]
41
Your opinion about deliver of products as per your order by Harns Argo distributor.
a) ExProductent [ ]
c) Average [ ]
c) Average [ ]
b) Good [ ]
d) Below Average [ ]
d) Below Average [ ]
b) Good [ ]
b) Good [ ]
d) Below Average [ ]
Your overall opinion about Harns Argo with regard to their relationship with
you
a) ExProductent [ ]
c) Average [ ]
b) Good [ ]
d) Below Average [ ]
b) Quality [ ]
c) Demand [ ]
d) Brand Image [ ]
42
THANK YOU
43
44