Beruflich Dokumente
Kultur Dokumente
A
PROJECT REPORT
MARKETING STRATEGIC ANALYSIS
BEL PRODUCTS
IN PARTIAL FULFILLMENT OF THE REQUIREMENT
FOR THE DEGREE OF
BACHELOR OF BUSINESS ADMINISTRATION (B.B.A.)
Ankur Srivastav
SUBMITTED TO:
Submitted By:
Mr.Gaurav Rawal
Srivastava
(Project Guide)
No:9054550
Ankur
Roll
BBA-VI Sem.
TABLE OF CONTENT
S.NO
1.
2.
TOPICS
Executive
Summary
Objective of the
Study
Pg.No
Remarks
6
8
3.
Introduction
4.
Bharat
Electronics
Ltd
11 12
5.
Financial Year
2006 07
13 14
6.
History
15 18
7.
SWOT Analysis
19 21
8.
22 24
9.
Marketing Mix
25 35
10.
Marketing Mix
Of BEL
GAD
36 - 61
11.
Findings
62
12.
Conclusions &
Recommendat
ion
63
13.
Limitations
64
14.
Bibliography
65
3
CERTIFICATE
It is certified that this project report and project entitled: Marketing Strategic Analysis of BEL - GAD (Defence & Commercial).
has been completed by ANKUR SRIVASTAVA a student of Institute of Management &
Research (IMR) Ghaziabad in Marketing & Customer Care Department in our concern
under our guidance. The period of training was from 3 JULY 2012 to 11 AUGUST,2007
for the partial fulfillment of the award of B.B.A
During her stay with our association, we found her to be a hardworking, sincere and well
mannered.
We wish him all the success in his life.
Shashi Jyoti
(Manager)
(MKTG & CC)
ACKNOWLEDGEMENT
I take this opportunity to express my sincere gratitude towards Ms. Nisha
(Training & Placement Officer), Institute of Management & Research (IMR),
Ghaziabad for forwarding my training letter to Bharat Electronics, Ghaziabad and also
to Shri. Tapas Bose, DGM (H.R.D.), Bharat Electronics, Ghaziabad for accepting my
letter and allowing me to complete my training in Bharat Electronics.
I am extremely grateful to Shri. Shashi Jyoti (Manager, MKTG & CC), Bharat
Electronics, for permitting me to join MKTG & CC department.
Further I would like to thanks Shri. Gagan Kumar Sangal for his kind help
extended to me during the entire period of training.
I would like to express my deep satisfaction & gratitude for all the members of
the department for their time to time guidance & help extended during each stage of the
project. Finally, I would like to thank each & every member of BEL family for making
me feel comfortable & helping me in every possible manner.
PREFACE
With the ongoing revolution in electronics and communication, where innovations are
taking at the blink of eye, it is impossible to keep the pace with the emerging trends.
Excellence is an attitude that whole of human race is born with. It is the environment
that makes sure that whether the result of this attitude is visible or otherwise. A well
planned, properly executed and evaluated industrial training helps a lot in inculcating
a professional attitude.
It provides a linkage between the student an industry to develop an awareness of
industrial approach to problem solving, based on a broad understanding of process and
mode of operation of organization.
During this period, the student gets the real experience for working in the actual
Industrial Environment. Most of the theoretical knowledge that has been gained
during the course of their studies is put to test here. Apart from this, the student gets
an opportunity to learn the latest technology, which immensely helps them in building
their career.
I had the opportunity to have a real experience on many ventures, which boosted my
sphere of knowledge to great extent. I got a chance to learn many new technologies and
was also interfaced to many instruments.
And all this credit goes to organization Bharat Electronics Ltd.
EXECUTIVE SUMMARY
STUDY WHAT IS IT ALL ABOUT?
The project Marketing Strategic Analysis of BEL GAD is a study on the recent
trends and development happening in the field of marketing in BEL GAD. This study
tells us about the marketing mix of BEL GAD. It gives a brief but a deep insight of
the marketing mix of BEL GAD.
The Marketing Strategic Analysis is:Combination of marketing elements used in the sale of a particular product is known as
marketing mix. The marketing elements center around four distinct functions, sometimes
called the Four Ps: product, price, place (of distribution), and promotion. All these
functions are considered in planning a marketing strategy, and any one may be enhanced,
deducted, or changed in some degree in order to create the strategy necessary to
efficiently and effectively sell a product.
NEED OF STUDY
NEED OF STUDY
It shapes the role of marketing in all type of organization, both profit and
nonprofit.
Marketing managers make numerous decisions based on the various sub elements
of the marketing mix, all in an attempt to satisfy the needs and wants of
consumers
It is designed in such a way so as to increase the profit of the organization.
It helps in defining the target customers in a more refined manner.
It helps the organization to decide its location, channel partners in such a way so
that they best suit its customers.
Thus due to above it is imperative that internal marketing be done efficiently and
systematically in order to achieve its purpose and realize the organizational goals and It is
in this light above that the study assumes an important dimension as it shows the
prevailing practices at the organization.
This study can easily be understood by even a lay man and shall hopefully prove to be
helpful in making understand anybody who goes through this study the concept of
marketing mix and more importantly how it is pursued at Bharat Electronics Ltd.
This project gives an insight to the marketing mix in BEL GAD.. It also gives a
brief history about BEL.
Bharat Electronics Ltd is a defence PSU. It makes radars, sonars etc for Army, Navy &
Indian Air Force. It was established in 1954. Earlier their were only three units of BEL
but now there are nine units. The main headquarters BEL is at Bangalore. It has recently
been awarded the Navratan arcade.
This project contains some more important and relevant information related to BEL and
its marketing mix.
OBJECTIVE
OF THE
STUDY
10
11
INTRODUCTION
TO THE
ORGANISATION
12
13
BEL has been Joint Venture companies with General Electric Medical Systems, USA for
X-ray tubes and Multitone, UK, for Paging Systems. BEL also has a wholly owned
subsidiary BEL Optronic Devices Limited.
The passionate pursuit of excellence at BEL can be described in three words : Quality,
Technology, Innovation.
14
TACTICAL
CONTROL
RADAR
LOW FLYING
DETECTION
RADAR
DEFENCE COMMUNICATIONS
15
VHF SECURE
TACTICAL RADIO
(I)
UHF RADIO
(II)
HAND-HELD
VHF
TRANCEIVER
(III)
TELECOMMUNICATIONS
16
RURAL AUTOMATIC
EXCHANGE UNIT
MILITARY COMMUNICATIONS
Military Communications has been a forte of BEL even since its inception in
1954. BEL has been involved in providing state-of-the-art communication equipment to
the Indian Army, be it hand held mobile radios and terminals, ground based systems,
airborne and even ship borne equipments and systems.
The products and systems offered by BEL cover HF, VHF, UHF and V/UHF
frequency bands and are based on the latest DSP/Digital communication technologies.
Encryption and Frequency Hopping implemented in various transreceivers has been
possible because of the dedicated research and development team working on these
radios. BEL also engineers and supplies turnkey defence communication solutions
tailored to the specific needs of the customer.
17
PCB Assembly
(SMT, Through Hole, BGA)
and Testing
Capabilities :
General Capabilities :
Prototype Development.
Surface mount assembly.
Thru-hole assembly.
Functional test.
Heat rooms for boards and systems.
Programmable environmental chamber for boards and systems.
Test equipment development and procedures.
Flexibility to provide all or any portion of services ranging from development through
complete manufacturing .
18
Modules.
Box Build.
Sub-assemblies.
Key Strengths :
Facilities :
a) DEK 265.
b) HS 180 Glue dispensor.
c) SP 120 speed placers.
d) HS 180 HR Fine pitch placer.
e) SMT N2 Reflow oven.
f) Conv. Assly lines.
g) Soldering Stations: Koki, Japan.
Advanced SMT Assembly Line :
a) Sequencer: UCSM-G.
b) IC Insertion Machine: DD 4500.
c) Axial Lead Comp. Insertion Machine: V12000.
In Circuit Inspection / Testing :
a) SCHLUMBERGER - S790
Combinational tester (ICT + functional).
b) GENRAD - IN CIRCUIT TESTER.
20
Burn-in.
Thermal Shock.
Bump & Vibration.
Climatic Chambers.
21
BEL has the experience and expertise in the manufacture of high Precision
Machined and Fabricated Parts in its state-of-the-art facilities equipped with latest CNC
and special purpose machines. Products manufactured include chassis, enclosures, panels,
brackets, rack mounts, card cage flanges and covers, large and medium modular frames
and precision machined parts for the electronic, computer, and electrical products being
used in commercial, defence, aerospace and telecommunication industries.
Bharat Electronics offers cost effective services for design and manufacture of
optical and opto-electronic products and components operating in the UV, Visible and IR
spectrum. Optical components include lenses, prisms, mirrors, windows, wedges etc. and
Optical assemblies include Objective assembly, Eye piece assembly, Collimator assembly
& Imaging assembly.
Microwave Integrated Circuit Assemblies
BEL manufactures a variety of Microwave Components and sub-systems using
microchip technology which are required for wide range of applications in
communication, radar systems including airborne and space related sub-systems. The
facility is also qualified for the manufacture of C-Band Receiver for satellite systems.
Multilayer PCB Design & Manufacturing
BEL specialises in the manufacture of cable assemblies and builds custom wiring
harness required for its electronic equipment for commercial and military applications.
Design & Manufacturing of Professional Grade Transformers, Coils & Sub-assemblies
case, moulded, etc.,) Chokes (smoothing, modulation, radio frequency, etc.,) and Subassemblies (HV Units, EHV units, etc.). Most of these products meet the stringent
defence specifications for use in defence equipment.
Antenna Manufacturing
23
Product range :
I RADAR DIVISION :
- Primary & Secondary Surveillance Radars.
- Battle field Surveillance Radars
- Low Level Detection Radar
- Meteorological Radars
- ASR & MSSR Radars for Civil Aviation
- Command and Control Systems.
- Radar networking & Control Electronics for Guided Missile Programmes.
II COMMUNICATION DIVISION (COMM) :
- Satellite Earth Station Communication Systems
- Digital Encryption Equipments
- VHF Communication Systems
- Digital Microwave Equipments
- IFF, Spares of Equipment.
III ANTENNA DIVISION (ANT) :
- 2D & 3D Static and Transportable Radar Antenna
- Tracking Radar Antenna
- Secondary Surveillance Radar Antenna
- Satellite Earth Station Antenna Systems (Static and Transportable)
- VSAT Antenna (Static and Transportable)
- Microwave Line of Sight Antenna
IV MICROWAVE COMPONENTS DIVISION (MWC) :
- Signal sources
- Amplifiers
- Mixers
- Switches
- Passive components
- Super components
- Thin film HICs
- Metallised Substrates
v) System Division
Single Channel per carrier (SCPC ), TDM /TDMA Satellite Communication System
24
(POLNET).
Frequency agile Satellite Communication System (OFB, Signal Intelligence)
Multi Channel per carrier (MCPC) Satellite Communication System (RCPO).
2 GHZ Digital Communication System (ICN, Army, TNP, Railway).
7/8 GHZ Digital Communication Systems.
25
Customer Profile: The customers for products/ Systems of BEL GAD are from Air Force, Navy, Army,
Para-Military Forces, Police, BSNL , Port-Trust, AIR & DD, DRDO, AAI, VSNL, PSUs under Dept of
Defence production & Supplies, other PSUs and private industries.
DEFENCE
ARMY:
NAVY:
AIR FORCE:
Surveillance and Tracking Radars, Communication Equipment and Systems, IFF, EW Systems,
Transmitting Tubes, Microwave Tubes.
NON DEFENCE
Para Military
Space Department
TV Transmitters, OB Vans,
Antenna, Mobile and
Transportable Satellite Uplinks,
Transmitter Tubes, TVROs,
LPTs.
Civil Aviation:
26
Display
Systems.
Corporate Bodies and State
Governments:
Railways
Communication Equipment,
Alarm for Unlimited Level
Crossing.
Entertainment Industry
Vacuum Interrupters.
Instrumentation Industry:
Election Commission:
Fisheries Department:
Fish Finders.
27
All India Radio, the Indian Radio Broadcasting Organisation is equipped with
more than 200 transmitters with different power outputs, supplied by BEL. Similarly,
BEL has equipped Doordarshan, the National TV Broadcaster, with large number of high
/ low power TV transmitters, Colour TV OB Vans, Satellite Uplinks, TVROs etc. Asias
first large component analog video OB Van, fitted with nine CCD cameras is also from
BEL.
100W VHF TV
TRANSMITTER
28
CONCEPT TO COMMISSIONING
Along with the in-depth expertise in the design and manufacture of advanced
electronics equipment and systems, BEL has core competencies to provide single window
solutions covering concept to commissioning.
Optimal solutions are engineered using the right choice of technologies and
products made at BEL as well as outsourced from reputed manufacturers. Implementation
on turnkey basis also is undertaken by BEL.
Features :
29
OPTO ELECTRONICS
INTEGRATED
OBSERVATION
EQUIPMENT
(I)
OPTICAL COMPONENTS
(II)
ELETRONICS COMPONENTS
30
31
Strong in-house R&D and pioneering technical collaborations have led to BEL
acquiring expertise in various professional electronic technologies. This, along with the
core competencies in manufacturing has encouraged BEL to develop a number of
specialized markets like Electronic Voting Solar Powered Systems, Energy Saving etc.
Some of these products are: -
ELECTRONIC
VOTING
MACHINE
INFORMATION
DISPLAY SYSTEM
(I)
SET TOP BOX (STB)
(IV)
SIMPUTER
(II)
(III)
(V)
32
Being at the cutting edge of technology involves a strong commitment to R&D. In its
efforts to challenge the barriers of technological innovation, BEL invest 5% to 6% of
its annual turnover in R&D. Over 57% of BELs products are developed in-house.
The rest are developed either by collaborators or jointly.
BEL has entered into several strategic alliances to help maximizes the countrys
indigenous resources, reduce cycle time and utilize available know-how. Some of the
alliance partners include the National Defence Research Organization, for the
development of Defence and professional electronics products and the Center for
Development of Telematics (C-DoT) for Telecom products. BEL has also established
Central Research Labs (CRL) at Bangalore and Ghaziabad, to develop futuristic
technologies.
Besides optimizing the R&D strength in the country, BEL has taken strides
towards enhancing its technological capabilities and know-how through tie-ups with
transnational companies.
33
QUALITY ASSURANCE
BEL has established dynamic quality system to meet its quality objectives.
Company has invested substantially in a wide range of QA infrastructure, test and
evaluation equipment including Environmental Test Laboratories, EMI / EMC test
facilities Automated in-process and final inspection and test equipment. In-house skills
are available for developing test software for various applications. Infrastructure at BEL
is adequate to qualify the products for international specifications such as IEC, DEF, MIL
and national standards like JSS.
Quality is built into the product at the design stage and is monitored throughout
the manufacturing process for conformance.
Management commitment to Quality is demonstrated through the program called
TORQUE, Total Organizational Quality Enhancement. It aims at spreading the quality
culture and philosophy of Continuous Improvements. Programs like Quality Control
Circles and Suggestion Schemes have generated enthusiasm and involvement among
employees, there-by harnessing their creativity and innovation for improvements in
operations.
BEL has also established a Quality Institute for providing training in various areas
including reliability and maintainability, Statistical Process Improvement methodologies,
6 Sigma and Quality Management.
The level of quality at BEL has won many prestigious awards including the
National Quality Awards and awards for standardization. All units are certified to ISO
9001 / 9002 standards of international quality.
EMI/EMC TEST
FACILITY
(I)
WALK-IN
ENVIRONMENT
CHAMBER
(II)
34
CUSTOMER PROFILE
DEFENCE:
ARMY
NAVY
AIR FORCE : Surveillance and Tracking Radars, Communication Equipment and Systems, IFF, EW Systems,
35
NON-DEFENCE:
Para Military
Space Department
Corporate Bodies
: Communication Equipment and Systems,
and State Governments
Solar Power Modules/Systems/Traffic Signal
Lights.
Medical & Health Care
: Surgical Microscopes (ENT, Ophthalmic) and
X-Ray Tubes.
Railways
36
Level Crossing.
Entertainment Industry
: Silicon Transistors, Integrated Circuits, Bipolar
and CMOS Components, Piezo Electric Crystals,
Hybrid Micro Circuits and SAW Filters.
Power Generation
and Distribution
: Vacuum Interrupters.
37
EXPORTS
At BEL, exports have been a prime area of focus playing a key role in BELs
strategic perspective. As a result, BELs exports have been increasing every year, with an
expansion in the range of products exported and the markets.
Products exported include Radars, Radar Sub-systems, Defence Communication
equipment, Secure Communication products, Microwave Communication equipment,
Switching equipment, Telecom equipment and networks, broadcasting equipment,
Electronic Components and Energy Saving products. In addition, many multinational
companies are using BELs expertise and facilities for design and manufacturing services.
BELs products are exported to Sweden , Switzerland, UK, France, Austria,
Germany, Italy, Netherlands, Russia, Ukraine, Australia, Brazil, New Zealand, Nepal, Sri
Lanka, Bangladesh, Maldives, HongKong, Singapore, Philippines, China, Malaysia,
South Korea, Israel, UAE, Kuwait, Saudi Arabia, Bahrain, Oman, Vietnam, Mauritius,
Botswana, Egypt, Algeria, Kenya, Nigeria and Ghana.
MANUFACTURING INFRASTRUCTURE
38
CNC MACHINE
SHOP
39
PRODUCTS
DETAIL
Secure VHF Tactical Radio (STARS V)
STARS-V (Secure Tactical Army Radio System - VHF) is a family of fixed
frequency and frequency hopping radio sets available in 5W and 25W power output
configurations. The radios provide communication in voice clear, voice secure and data
modes. They can be controlled from a remote location upto 2-km. All front panel controls
(except ON/OFF) are extended using 2-wire cable to a Remote Control Unit (RCU) at the
remote location. Intercom operation between radio set and RCU is also provided. The
radio set can be configured for fully automatic rebroadcast operation. It is also possible to
setup rebroadcast over two wires for voice clear mode only. External data interface is
provided on the front panel to facilitate data communication with suitable modem.
The radios are fully modular in construction. They are designed to perform in
conformance to MIL 461 class of EMI/EMC specifications.
STARS-V radios find use in manpack as well as vehicular applications for
providing voice and data communications in VHF frequency range of 30-88 MHz.
Features :
40
41
42
The Secure UHF Hand Held Radio is a high performance radio. The radio is
useful for ground communication at the platoon level. This simplex radio operates in the
UHF frequency band of 403-470 MHz and provides for clear and secure voice
communication.
Features:
Frequency ranges 403 - 470 MHz with 12.5/25 kHz channel spacing.
RF power output of 5 W / 1 W (selectable).
Built -in high grade crypto.
32 preset crypto keys + 1 manual key.
Secure selective call facility.
Inbuilt Powerful diagnostic feature ( BITE).
7.2 V Primary and Secondary batteries.
Compliant to MIL 461 EMI specs.
43
MUN 223 AM/FM transreceiver provides ship to ship, ship to shore and ship to
air communication. It operates in two frequency ranges 100 to 155.975 MHz in VHF
band and 225-399.975 MHz in UHF band. It provides high-grade communication
security.
Features :
Competitive Analysis
44
45
SWOT
ANALYSIS
46
The diagnosis of a firms strengths and weakness can be fruitful only if the
environment factors and market conditions are considered along with the internal
capabilities. This approach essentially involves matching of the internal capabilities with
the environmental opportunities and threat and is known as SWOT (Strength and
Weakness, Opportunities and Threats) analysis.
STRENGTHS :
Strength is a resources, skill or other advantage relative to competition and the
needs of markets a firm serves of anticipates serving. Strength is a distinctive competence
that gives the firm a comparative advantages in the market place.
The key strengths are :
Well trained and highly qualified manpower (both technical & non-technical).
WEAKNESS :
A weakness is a limitation or deficiency in resources, skills and capabilities that
seriously impedes effective performance .
Sources of Outfit :
BEL is only bound to entertain Defence (Army, Navy, Air Force, Para- Military) &
government agencies as a customers.
General purpose items, i.e., civilian products are not manufactured.
The bulk of the profit comes from a single product (RADAR), that itself is a form of
weakness.
There is no substitute for certain manufacturing technologies.
OPPORTUNITIES :
47
Since, BEL has earned a commanding repo. For its quality and unique & innovative
technology, hence all govt. customers like AIR, DD, ITI, IMD etc. prefer to book
their orders with BEL.
THREATS :
A threat is a major unfavorable situation in the firms environment. It is key
impediment to the firms current or desired future positions. The entrance of a new
competitor, slow market growth, major technological change, appearance if a substitute
product are examples.
48
49
INTRODUCTION-STRATEGIC
ANALYSIS OF BEL PRODUCTS
INTRODUCTION
50
The objective of all business enterprises is to satisfy the needs and wants of the society.
Marketing is, therefore, a basic function of all business firms. When a salesperson sells
washing machines, a doctor treats a patient or a Government asks people to take their
children for getting polio drops, each is marketing something to the targets. Traditionally,
small firm owners did not give as much importance to marketing as to other functions
such as accountancy, production and selling. Training programmes, enterprise
development and the current thrust for competitiveness have now given high
priority to promoting marketing awareness among small business owners, and marketing
is now assuming its rightful place along with other business functions.
Since early 1990s there has been a change in the thinking of businessman from product
orientation to consumer orientation. Modern business concerns lay emphasis on selling
satisfaction and not merely on selling products. The activities have to be coordinated so
as to develop the marketing mix, which provides maximum satisfaction to the customers.
That is why marketing research and product planning occupy an important role in
marketing. The other important functions of marketing include: buying and assembling,
selling, standardisation, packing, storing, transportation, promotion, pricing and risk
bearing. Thus, the scope of marketing is very wide and no more restricted to merely
selling of product.
Therefore, we can say that marketing is a very important part of all industries and the
same goes for all PSUs. BEL GAD also has a marketing department known as
Marketing & Customer Care Dept.. It includes the pubic relation dept of the company
known as Customer Care.
PROCESS OF MARKETING
RECEIPT OF CUSTOMER ENQUIRY
SOURCES
- TENDER ENQUIRIES, NORMAL ENQUIRIES, VERBAL /
TELEPHONIC COMMUNICATION ETC.
51
52
RECEIPT OF
COMMERCIAL
ENQUIRY
BY
ISSUE OF QUOTATION BY
COMMERCIAL (WITH COPIES TO
FINANCE AND DIVISION HEAD OF
THE PROJECT )
VERIFICATION OF TECHNICAL
53OF
ACCEPTANCE
SUPPLY
AND FINANCIALOF
TERMS
RECEIPT
OF
SUPPLY
REGISTRATION
OF BY
SUPPLY
SUPPLY ORDER
ORDER
ORDER
BY
ORDERCOMMERCIAL
(AFTER GETTING
FOR
SPARES
IDENTIFICATION OF ITEM AS
* MANUFACTURED PART ( MP ) *
OR
* PURCHASED PART ( PP) *
55
56
Resource
markets
Manufacture
markets
Government
Consumer
markets
markets
Intermediary
markets
Manufacturers go to resource markets, buy resources and turn them into goods and
services, and then sell finished goods to intermediaries, who sell them to consumers.
Consumers sell their labor and receive money with which they pay for goods and
services. The government collects tax revenues to buy goods from resource, manufacturer
and intermediary markets and uses these goods and services to provide public services.
On the other hand, marketers often use the term market to cover various groupings of
customers. They view the sellers as constituting the industry and the buyers as
constituting the market. Sellers and buyers are connected by four flows. The seller send
goods and services and communication to the market; in turn they receive money and
information.
KEY CUSTOMER MARKETS :- Generally there are four types of customer markets.
Consumer Markets Companies selling mass consumer goods and services such
as soft drinks, cosmetics, air travel and athletic shoes and equipment spend a great
deal of time trying to establish a superior brand image.
Business Markets Companies selling business goods and services often face
well trained and well-informed professional buyers who are skilled in evaluating
competitive offerings. Business buyers buy goods in order to make or resell a
product to others at a profit. Business buyers buy goods in order to make or resell
product to others at a profit.
Global markets Companies selling goods and services in the global marketplace
face additional decisions and challenges. They must decide which countries to
enter; how to enter each country; hoe to adapt their product and service features to
each country; how to price their products in different countries; and how to adapt
their communication to fit different cultures.
Nonprofit and Governmental Markets Companies selling their goods to
nonprofit organizations such as churches, universities, charitable organizations or
57
58
Marketing Mix decisions must be made for influencing the trade channel as well as the
final consumers. The firm can change its price, sales force size and advertising
expenditures in the short run. It can develop new products and modify its distribution
channels only in the long run.
The 4Ps represent the sellers view of the marketing tools available for influencing
buyers. From a buyers point of view, each marketing tool is designed to deliver a
customer benefit.
59
Figure 1
These four Ps are the parameters that the marketing manager can control, subject to
the internal and external constraints of the marketing environment. The goal is to
make decision that centre the four Ps on the customers in the target market in order
to create perceived value and generally a positive response. Lets define each P in
detail:-
60
Brand Name
Functionality
Styling
Quality
Safety
Packaging
Repairs and Support
Warranties
Accessories and Services
The product mix of a company, which is generally defined as the total composite of
products offered by a particular organization, consists of both product lines and
individual products. A product line is a group of products within the product mix that are
closely related, either because they function in a similar manner, are sold to the same
customer groups, are marketed through the same types of outlets, or fall within given
price ranges. A product is a distinct unit within the product line that is distinguishable by
size, price, appearance, or some other attribute. It is extremely important for any
organization to have a well-managed product mix.
The first element in the marketing mix is the product. A product is any combination of
goods and services offered to satisfy the needs and wants of consumers. Thus, a product
is anything tangible or intangible that can be offered for purchase or use by consumers. A
tangible product is one that consumers can actually touch, such as a computer. An
intangible product is a service that cannot be touched, such as computer repair, income
tax preparation, or an office call. Other examples of products include places and ideas.
For example, the state tourism department in New Hampshire might promote New
Hampshire as a great place to visit and by doing so stimulate the economy. Cities also
promote themselves as great places to live and work. For example, the slogan touted by
the Chamber of Commerce in San Bernardino, California, is "It's a great day in San
Bernardino." The idea of wearing seat belts has been promoted as a way of saving lives,
as has the idea of recycling to help reduce the amount of garbage placed in landfills.
Typically, a product is divided into three basic levels. The first level is often called the
core product, what the consumer actually buys in terms of benefits. For example,
consumers don't just buy trucks. Rather, consumers buy the benefit that trucks offer, like
being able to get around in deep snow in the winter. Next is the second level, or actual
product, that is built around the core product. The actual product consists of the brand
name, features, packaging, parts, and styling. These components provided the benefits to
61
consumers that they seek at the first level. The final, or third, level of the product is the
augmented component. The augmented component includes additional services and
benefits that surround the first two levels of the product. Examples of augmented product
components are technical assistance in operating the product and service agreements.
Products are classified by how long they can be useddurabilityand their tangibility.
Products that can be used repeatedly over a long period of time are called durable goods.
Examples of durable goods include automobiles, furniture, and houses. By contrast,
goods that are normally used or consumed quickly are called nondurable goods. Some
examples of nondurable goods are food, soap, and soft drinks. In addition, services are
activities and benefits that are also involved in the exchange process but are intangible
because they cannot be held or touched. Examples of intangible services included eye
exams and automobile repair.
Another way to categorize products is by their users. Products are classified as either
consumer or industrial goods. Consumer goods are purchased by final consumers for
their personal consumption. Final consumers are sometimes called end users. The
shopping patterns of consumers are also used to classify products. Products sold to the
final consumer are arranged as follows: convenience, shopping, specialty, and unsought
goods. Convenience goods are products and services that consumers buy frequently and
with little effort. Most convenience goods are easily obtainable and low-priced, items
such as bread, candy, milk, and shampoo. Convenience goods can be further divided into
staple, impulse, and emergency goods. Staple goods are products, such as bread and milk,
that consumers buy on a consistent basis. Impulse goods like candy and magazines are
products that require little planning or search effort because they are normally available
in many places. Emergency goods are bought when consumers have a pressing need. An
example of an emergency good would be a shovel during the first snowstorm of the
winter.
PRICING DECISION:- There are many ways to price a product. Lets have a
look at some of them.
62
Premium Pricing Use a high price where there is a uniqueness about the
product or service. This approach is used where a substantial competitive
advantage exists.
Penetration Pricing The price charged for the products and services are
kept artificially low in order to gain market share. Once this is achieved,
the price is increased.
Economy Pricing This a no frills low price. The cost of marketing and
manufacture are kept at a minimum.
Price Skimming Charge a high price because you have a substantial
competitive advantage. However the advantage is not substantial. the high
price tends to attract new competitors in the market and the price
inevitably falls due to increased supply.
Premium pricing, penetration pricing, economy pricing and price skimming are
the four main pricing strategies. However, there are other important approaches to
pricing.
Psychological Pricing This approach is used when the marketer wants
the consumer to respond on an emotional, rather than on rational basis.
Product Line Pricing Where there is a range of product or services the
pricing reflect the benefits of parts of the range. PLACE
63
The fourth element of the marketing mix is place. Place refers to having the right product,
in the right location, at the right time to be purchased by consumers. This proper
placement of products is done through middle people called the channel of distribution.
The channel of distribution is comprised of interdependent manufacturers, wholesalers,
and retailers. These groups are involved with making a product or service available for
use or consumption. Each participant in the channel of distribution is concerned with
three basic utilities: time, place, and possession. Time utility refers to having a product
available at the time that will satisfy the needs of consumers. Place utility occurs when a
firm provides satisfaction by locating products where they can be easily acquired by
consumers. The last utility is possession utility, which means that wholesalers and
retailers in the channel of distribution provide services to consumers with as few
obstacles as possible.
Channels of distribution operate by one of two methods: conventional distribution or a
vertical marketing system. In the conventional distribution channel, there can be one or
more independent product manufacturers, wholesalers, and retailers in a channel. The
64
vertical marketing system requires that producers, wholesalers, and retailers to work
together to avoid channel conflicts.
How manufacturers store, handle, and move products to customers at the right time and at
the right place is referred to as physical distribution. In considering physical distribution,
manufacturers need to review issues such as distribution objectives, product
transportation, and product warehousing. Choosing the mode of transportation requires an
understanding of each possible method: rail, truck, water, pipeline, and air. Rail
transportation is typically used to ship farm products, minerals, sand, chemicals, and auto
mobiles. Truck transportation is most suitable for transporting clothing, food, books,
computers, and paper goods. Water transportation is good for oil, grain, sand, gravel,
metallic ores, coal, and other heavy items. Pipeline transportation is best when shipping
products such as oil or chemicals. Air transport works best when moving technical
instruments, perishable products, and important documents.
Another issue of concern to manufacturers is the level of product distribution. Normally
manufacturers select from one of three levels of distribution: intensive, selective, or
exclusive. Intensive distribution occurs when manufacturers distribute products through
all wholesalers or retailers that want to offer their products. Selective distribution occurs
when manufacturers distribute products through a limited, select number of wholesalers
and retailers. Under exclusive distribution, only a single wholesaler or retailer is allowed
to sell the product in a specific geographic area.
Personal Selling
Sales Promotion
Public Relation
Direct Mail
Trade Fairs & Exhibitions
Advertising
Sponsorship
65
The elements of the promotion mix are integrated to form a coherent campaign. As with
all forms of communication. The message from the marketer follows the communication
process as illustrated above.
Let us look at the individual components of the promotion mix in detail. All the elements
are integrated to form a specific communication campaign
Characteristics
Advertising
Sales
Public
Personal
Promotion
Relations
Selling
Directed Coverage mass & targeted mass & targeted mass
targeted
Message Flow
one & two-way one & two-way one-way
two-way
Payment Model
paid
Paid
non-paid
paid
limited non-paid
Interaction Type
non-personal personal & non-personal
personal
non-personal
Demand
Lagging
Quick
lagging
quick
Stimulation
Message Control Good
Good
poor
very good
Message Credibility low-medium
low-medium
high
medium-high
Cost of Promotion CPI LowCPI MediiumCPI NoneCPI High
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67
68
4Ps of BELGAD
69
Marketing is a very important department for any organization and the same
goes for BEL GAD. For a successful company one needs to apply the
concept of marketing mix in the best suited manner.
The Marketing Mix. Is a term used to describe the combination of tactics used by a
business to achieve its objectives by marketing its products or services effectively to a
particular target customer group. It is also referred to as the 4 Ps; Product, Price,
Promotion and Place or the 7 Ps; The 4 Ps with the addition of People, Process and
physical evidence. Businesses need to make sure they are marketing
Keeping all this in mind BEL GAD prepares products on the demand of its customers.
BEL has a separate R&D which keeps in mind all the pre requisites of its customers and
try to evolve new technologies, so that they are able to produce the right product, for the
right person, at the right price, at right place and at the right time. Moreover, since BEL
GAD manufactures radars for Army , Navy & Indian Air Force it manufactures the
product only when a order is placed for it from their customers.
70
PRODUCTS
OF BEL
GAD
3-D mobile radar employs monopulse technique for height estimation and using
electronic scanning for getting the desired radar coverage by managing the RF
transmission energy in elevation plane as per the operational requirements. It can be
connected in air defence radar network. The Radar is configured in three transport
vehicles, viz., Antenna, Transmitter cabin, Receiver and Processor Cabin. The radar has
an autonomous display for stand-alone operation.
FEATURES
Frequency agility
Monopulse processing for height estimation
Adaptive sensitivity time control
Jamming analysis indication, pulse compression,plot filtering / tracking, data
remoting
Comprehensive BITE facility
Integrated Secondary Surveillance radar
Technical Specifications
GENERAL
Transmission band
ANTENNA
Primary antenna
Polarization
Gain (low elevation)
3 dB beamwidth
Elevation coverage
26 in surveillance mode
32 in burn through and designation mode
6 rpm
in every 5.6 azimuth sector
Rotation speed
Programmable tilt
TRANSMITTER
TWT and CFA
Transmitter average power
Peak power
Pulse duration
Pulse repletion period
RECEIVER
AND
PROCESSING
Intermediate frequency
Pulse compression filter
Output pulse width at 3 dB
Logarithmic dynamic range
Noise figure
Quantisation range
Azimuth
Elevation
10 kW
660 kW
3 x 13 s
930 s and 3690 s according to operating
modes and elevation sectors
SIGNAL
30 MHz
0.2s 20 ns
> 75 dB
2.2 dB
0.2 s (=30m)
360 / 4096
0.38 mrad
73
SYSTEM CHARACTERSTICS
Range upto 90 km
Height coverage 35m to 3000m subject to radar horizon
FEATURES
Synthetic
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TECHNICAL SPECIFICATION
PRIMARY ANTENNA
Frequency
Reflector
Gain
Beam width (Azimuth)
Elevation
Side lobes
Polarization
TRANSMITTER
Frequency
Peak power output
Pulse width
PRF
FM Noise
D band (L band)
100 kW
12 s
3 x 2 PRFs staggered burst-to-burst and scanto-scan
Below 50 dB
RECEIVER
Noise figure
MSTC
MTI improvement
Better than 3 dB
R4 law
55 dB
DISPLAY
Monitor
IFF
75
POWER SUPPLY
ENVIRONMENTAL
Operating temperature range
Storage temperature range
Relative humidity
Wind speed
0C to +55C
-40C to +70C
95% maximum at +40C
100 Kmph (operate)
140 Kmph (non-operate
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77
FUNCTIONS
FEATURES
78
TECHNICAL SPECIFICATIONS
DATA SUMMARY
Functions
Sensors
Weapons
All weather point and area defence with AA guns against medium
to very low-level air attacks.
I band search and I / Ka tracking radar.
Up to three weapons, being either all medium 79ispatc guns
or two guns one missile optional (command line-of-sight or
semi-active homing):parallax distance upto 1000 m.
Search coverage
Air picture
Target Engagement
ECCM
Reaction time
System design
ANTENNA
Search
type
Horizontal beam width
Polarisation
Rotational speed
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PRF
Ka band transmitter power (peak)
PRF
4800 6000 Hz
15 kW
10 Khz in burst mode / 2400 3000Hz in
continuous mode
APPLICATIONS
Border surveillance
Battlefield surveillance
Intelligence gathering
Protection of Sensitive sites
Protection of Industrial facilities, power plants, etc
Prevention of infiltration and illegal immigration
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FEATURES
SPECIFICATIONS
Detection Range
- Crawling Man
- Single walking man
- Moving group of people
- Moving light vehicles
- Moving heavy vehicles
500 metres
2 Kms
5 Kms
8 Kms
10 Kms
Instrumental range
Range Accuracy
Range Resolution
Azimuth scan sector
Azimuth Accuracy
Azimuth resolution
Elevation coverage (remotely settable)
18 Kms
20m rms
50 m
30 to 180
0.5 rms
Better than 4
-40 to +15
Modes of operation
Target Identification
Frequency band
Transmitter Type
Receiver Type
Antenna Type
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Rotation Rate
(excluding
30 Kg
1500Hrs
-20C to +55C
WARRANTY
(a)
(b)
(c)
82
(d)
The above warranty terms shall not apply for components incorporated in
the equipment including but not limited to Electron Tube devices,
Semiconductor Device, Batteries and articles made of glass and other
Fragile materials.
(e)
Supplier shall not however be liable for the purchaser not being able to use
any equipment or damage due to misuse, negligence or accident.
(f)
PRICING STRATEGY
The defence products such as radars that are manufactured at BEL GAD are
manufactured on special orders from their customers. This is because these radars are
very important for our countrys defence and are being continuously being improved by
the R&D dept.
When a defence agency like Army, Navy or IAF needs a radar or any other defence
instrument it invites the companies involved in their manufacture to fill in a tender.
Tenders are special documents that are filled in by the companies that manufacture that
particular product. This is basically a document in which everyone bidding for the
contract for manufacturing that product right their price quotation and submit it to the
customer. The customer company further checks the tenders and the lowest bidder gets
the tender, for manufacturing the product.
The same is the case with BEL GAD, whenever its customers needs radar, they cal for a
tender. The tender for these radars and other electronic defence instruments consists of
two parts
Technical Bid
Commercial Bid
First the applying company has to give the technical specification for the
products, if these specifications match with the customers requirements then the
further go for the commercial bid. In the commercial bid all the companies give
their price quotation and the lowest bidding company gets the contract.
83
The prices quoted are exclusive of Sales Tax and any other taxes or levies which
as legally applicable at the time of supply are charged extra. The prices are based
on NIL Customs Duty for imported materials, components and instruments. In the
event of Government imposing any regulatory customs duty and or making the
duty applicable to any of the imported materials/components/instruments for
Defence indents also. We reserve the right to revise our selling price. In the event
of any levy of Central Excise Duty/Sales Tax or any increase in the rate of these
Taxes affecting our cost of production, we reserve the right to revise our selling
price.
BEL takes 20% of the Total Value of the indent as advance at the time of placing the
order. Further a Progressive advance upto 85% is taken from the customer on
purchase of material and cost booked against the order by BEL subject to a certificate
from BEL that the total advance is not more than total progressive expenditure
incurred by BEL. 10% of the total value of each consignment on inspection and proof
of 84ispatch.
Remaining 5% of the total value of each consignment within 30 days of
receipt of each consignment in good condition.
The price quoted in the bid does not include the cost of services of Engineers for
Installation & Commission of equipment. However the services of the Engineers can
be made available if required at extra cost. The charges for the services of our
Engineers will be as prevailing at that time per Engineer per day plus to and fro
charges as appropriate from Bangalore to any place in India as required. The
customer have to intimate at least 3 weeks in advance before requisitioning the
services of BELs Engineer.
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PLACE
Place is a very important element of any companys marketing mix. The location at which
a company is very important. The company should be located at a place such that its
inventory and their customer should be near the company vicinity. Moreover the place
should be such that it is easy to transport the products from the vicinity to the customer.
BEL GAD has an advantage at this point. This unit of BEL is located at the outer skirts
of Ghaziabad near Delhi. And since their customers are defence ministry they can very
easily get in touch with them. Moreover, they dont have problem in transporting their
products as they are located close to their customers. Months from the data of receipt of
technically clear commercial order at our and subject to Force Majeure.
Adherence to the delivery time is subjected to the order being completely clarified and all
information data to be furnished by the indentor, as well as advance payment agreed upon
being received by the supplier in due time. If these conditions are not met in time, the
term of delivery is adequately extended.
FORCE MAJEURE
Force Majeure is defined as (1) any cause which is beyond the control of the contractor
(2) natural phenomena including but not limited to weather conditions, floo ds,
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PROMOTION
Promotional Objective There are several different objectives a
marketer may pursue with their promotional strategy. Each type of
promotion offers different advantages in terms of helping the marketer
reach their objectives. For instance, if the objective of a software
manufacturer is to get customers to try a product, the use of sales
promotion, such as offering the software in a free downloadable form,
may yield better results than promoting through Internet advertising.
Availability of Resources The amount of money and other resources
that can be directed to promotion affects the marketers choice of
promotional methods. Marketers with large promotional budgets may
be able to spread spending among all promotion options while marketers
with limited funds must be more selective on the promotion techniques
they use.
Company Philosophy Some companies follow a philosophy that
dictates where most promotional spending occurs. For instance, some
companies follow the approach that all promotion should be done
through salespeople while other companies prefer to focus attention on
product development and hope word-of-mouth communication by
satisfied customers helps to create interest in their product.
BEL does not promote its products as it manufactures radars for Army, Navy
& IAF. As these products are not for everybody therefore they do not need
to be promoted.
However, they get publicity from articles that are published in the
newspapers regarding their competition or other things published in the
newspaper about BEL. Some of the articles published are
86
Govt
proposes
FDI
Tuesday, June 12, 2007 05:29:22 pm
in
defence
sector
87
alloys used in the aircraft industry and Titanium used for manufacturing of paints.
Based on these recommendations, 100 per cent FDI will be allowed in mining of
Limonite and production of Titanium. Mining of minerals classified as atomic
minerals are governed by the Regulations set in place in 1998 and have not been
allowed.
It is interesting to note that India has 30 per cent of the worlds Limonites
reserves. These proposals put forward by the Commerce Ministry to the Cabinet
Committee on Economic Affairs (CCEA) and are likely to find several detractors
as defence and atomic sectors are considered as sensitive sectors and a symbol of
Indias national pride.
Our Bureau
To highlight capabilities at February air show
Bangalore Feb. 3 Bharat Electronics Ltd will highlight its world-class
contract manufacturing capabilities at the upcoming Aero India 2007 in a bid
to tap overseas contracts and the enormous opportunities from offsets,
company representatives said.
For foreign manufacturers seeking Indian partners to meet their offset
requirements, BELs pitch will be its build to print and build to spec
solutions. Its facilities offer electronic and mechanical assembly, vacuum
brazing and dip brazing, among others.
For the past 2-3 years, BEL has been manufacturing components and subassemblies for a couple of customers in the US and Europe. This stream
amounts to about 20 per cent of the exports, which it hopes to sustain as
exports continue to grow, a spokesman told Business Line.
For the first time, BEL plans to sell some of its civil products on discount
such as the solar lantern, set-top box for free-to-air channels and memory
stick at its outdoor display area during the February 7-11 air show.
The non-defence range on show will include batteries, Simputer, electronic
voting machines, DTH set-top box, ADSL modem, MEMS, microwave
tubes and smart card-based access system.
Defence products
Exportable defence products on show will include communication
equipment, radars and sonars, thermal imaging products, electronic warfare
systems, tank electronics, simulators and avionic systems. The defence PSU
manufactures a wide range of military communication systems, radars and
sonars, naval systems, telecom and broadcast systems, electronic warfare
systems, tank electronics, opto electronics, professional electronic
components and solar-powered systems.
BEL
Tuesday,
turnover
April
jumps
03
12
pc
2007
to
Rs
3960.38
crore
12:09(IST)
89
Subscribe
to
Newsletter
FINDINGS
90
The findings from this project are: BEL does a negligible dealing in intermediary market
BEL is involved in direct marketing with its customers and this is
because it is a defence PSU
BEL GAD is involved in manufacturing radars for Army, Navy
& IAF
BEL does not promote its organization or its products
BEL GAD is not manufacturing any non defence products
BEL has been recently been given the NAVRATAN status
BEL, recorded its highest ever turnover of Rs 3960.38 crore for the
fiscal 2006-07, a 12 per cent increase over last year.
BELs marketing mix os very different from all other
organizations except some defence PSUs.
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RESEARCH
METHODO
LOGY
RESEARCH METHODOLOGY
OBJECTIVES
92
RESEARCH DESIGN:
The method of data collection was done through the communication study in which the
subjects were questioned through personal interviews. So, the data collected was the
result of the personal interviews.
93
SAMPLING
Convenience sampling was used during the survey. I selected readily available
individuals as participants.
Primary data collection technique was used. The research primarily involved is
Quantitative research. A critically scrutinised questionnaire was used as an instrument to
gather data by interviewing people.
Structured individual interviews were being conducted with the help of these
questionnaires. Questions were mostly open ended.
Two different questionnaires were made. One questionnaire was for interviewing
Marketing Representatives. The other questionnaire was for interviewing doctors. Both
the questionnaires contained open-ended questions mostly.
SAMPLE DESIGN
To represent an unbiased perspective a random sample survey that is non probability
sampling was done. A list of doctors was made in each area. Then all the Medical
Representatives who visited those doctors in the given span of time were interviewed.
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RESEARCH DESIGN
The research design is the basic framework, which provides guidelines for the rest of the
research process. The present research can be said to be exploratory. The research design
determines the direction of the study throughout and the procedures to be followed. It
determines the data collection method, sampling method, the fieldwork and so on.
NATURE OF DATA
Primary Data:
Secondary Data:
External Source:
Data Collection
Primary data:
Articles,
Reports,
Journals,
Magazines,
Newspapers and
Internet
SAMPLING TECHNIQUE
Random sampling technique is generally employed to extract the fruitful results. This
includes the overall design, the sampling procedure, the data collection methods, the field
methods and the analysis procedures
SAMPLING PROCEDURE ACTUALLY EMPLOYED:
The process employed to select the sample was simple random sampling. Simple random
sampling refers to that sampling technique in which each and every unit of the population
has an equal and same opportunity of being on the sample. In simple random sampling,
which item gets selected is just a matter of chance.
ANALYTICAL TOOLS:
Simple statistical tools have been used in the present study to analyze and interpret the
data collected from the field. The study has used percentiles method and the data are
presented in the form of tables and diagrams.
RECOMMENDATIONS
&
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CONCLUSIONS
RECOMMENDATIONS
&
CONCLUSIONS
From this project I can conclude: BEL does a limited dealing in non defence product market. In
order to increase its turnover and profit it should increase its
dealing in Non defence products.
BEL is bound to entertain Defence (Army, Navy, Air Force,
Para- Military) & government agencies as a customers.
Moreover, BEL should try to establish more units and should
also establish few more units in foreign countries.
97
98
Limitations
99
Scope of the marketing area was limited due to Security & Defence concern.
100
BIBLIOGRAPHY
101
BIBLIOGRAPHY
Figure 1 from www. NetMBA .com
102
THANKS
103