Beruflich Dokumente
Kultur Dokumente
Usha International
Submitted in partial fulfillment of the requirements
For the award of the degree of
Bachelor of Business Administration (Computer
Aided
Management)
To
Guru Gobind Singh Indraprastha University, Delhi
CONTENTS
OBJECTIVE
USHAS POLICIES
SALES STRATEGIES
USHAS STRATEGIES
MARKET ANALYSIS
SWOT ANALYSIS
SALES PROCESS
SALES NEGOTIATIONS
EXPANSION CRITERIA
PRODUCT RANGE
DEALERS NETWORK
FLOW OF GOODS
MARKET POSITION
COMPETITIVE SCENARIO
SALES PROMOTION
SALES FORECASTING
BIBLIOGRAPHY
OBJECTIVE
The Mission:
With a mission to pursue excellence in all spheres
of business activity, Usha International Limited
believes in providing reasonable returns to its
shareholders while adding value to all its principal
business operations.
As one of India's leading sales, marketing,
distribution and manufacturing organisations,
UIL strives to meet customer requirements. It also
provides customer satisfaction, thereby building
trust in the Company and its products.
COMPANY INFORMATION
JOINT VENTURES
ASSOCIATES
Honda Siel Potheyr Products Ltd.
Electric Fans
Sewing Machines
Home Appliances
Engines, Electrical motors & Pump sets?
Drinking water coolers & dispensers
Auto components
HISTORY
1934: India's first indigenous sewing machine
marketed.
1946: The first Indian Sewing Machine is exported.
DISTRIBUTION
Sales force
Separate sales force for 6 product lines and 3
different channels (traditional, modern retail and
government sales)
16 Locational offices across India, with a
Location Head to ensure capture of synergies
across product lines
Strong experienced middle management in
charge of sales
Reach across India
Dealerships in all urban with population greater
than 20,000
Penetration in important modern retail outlets
(Future Group, Metro, Reliance)
Presence in rural India, contributing to ~20% of
total sales
Supply chain network
CODE OF CONDUCT
Code of ethics and conduct for board members &
senior management of the company (Pursuant to
requirement of Listing Agreement with Stock
Exchange)
I. Definition
X. Honorary Services
The Senior Management of the Company would be
allotted to undertake assignments on honorary basis
for reasonable periods. The assignment may include
the following:
TIE UPS
JOINT VENTURES
Hunter Fan Company, USA (Fans)
Janome Sewing Machine Company, Japan
(Sewing Machines)
ASSOCIATES
Honda Siel Potheyr Products Ltd. (Kerosene
Pumsets)
G.D.Midea Environment Appliances
Manufacturing Company Ltd., China (Heating
Appliances)
NGK India (Spark Plugs)
CIXI Three Circle Diesel Engine Company Ltd.
(Diesel Engines)
LIST OF SELECTED CLIENTS
Builders
DLF Ltd
Unitech
IVRCL
L&T
Nagarjuna Construction
Shobha Builders
Omax
Prestige
Govt Depts
PWD
CPWD
State Electricity Boards
MES
Delhi developmet Authority
Canteen Stores Department
Corporates
Banks
Others
RECOGNIZING TALENT
Usha International Limited has instituted an award at
NIFT, the premier fashion institute in the country.
This award for 'Best Garment Construction' is given
to a student from amongst all the chapters of NIFT. In
addition, smaller awards have also been instituted at
the six individual chapters in Mumbai, Bangalore,
Chennai, Gandhi nagar, Hyderabad and Calcutta.
These awards have been instituted for all times to
come. The winning student is presented with a cash
Job Evaluation
The following initiatives have been taken by the
Organization and Personnel Department to evaluate
performance of employees:
360 Degree Feedback system
Traditionally superiors have always rated their
subordinates for their performance. But times have
changed now. The boss now needs to be perceived as
'superior' in his area of operations to be able to
perform effectively. For this he needs 'feedback' from
his peers as well as his subordinates to enable him to
overcome shortcomings as observed by others around
him.
Sessions are being held wherein the superior is made
aware of the ratings given by his subordinates and
areas of improvement, in order to ensure a process of
continuous growth.
been achieved.
In our work as consultants we often see goal
statements like as a company we want to become a
top sales organization, this is too vague as the actual
detail has not yet been quantified and would be
difficult to measure as what is meant by top, do you
mean in your market sector, in products or services,
customer satisfaction etc and what would be the
measures, sales turnover, profit, customer satisfaction
index etc.
The more precise and accurate you can make your
goals the greater the opportunity will be for you to
implement correct and effective objectives and
actions that will be needed to ensure you achieve
them.
Objectives
Objectives are the bite size stages of a goal that when
completed will deliver that goal. Once again like
goals, objectives need to be quantifiable and
measurable. A good tool that can be used to define
goals and objectives is the SMART methodology:
o Specific What do you want?
o Measurable How will you measure success ?
o Achievable Is it realistic, can it be done ?
competition. By
services strong
A sales strategy
your business to
business world.
Follow up
The sale is just the beginning. Following up the deal
will strengthen the relationship with your new
customer, and could provide opportunities for
additional sales.
Advantages
of
Strategic
Sales
USHAs STRATEGY
1. TARGETING
To the marketer, targeting is equivalent to
segmentation. A segmentation targeting or
strategy may be used on any or all of the
following:
Value (high or low consumption, value of
goods purchased)
Customer
Preference
(telephone/email
ordering service, type of products/services
purchased)
Life stage (status of relationships between
supplier
and
customer:
active/lapsed/dormant/customer/months
since last purchase)
At this point it is important to emphasis that:
Segments must be potentially profitable.
Segments are not mutually exclusive.
Segments are not stable.
2. PRICING
In line with the classical marketers approach,
the following pricing strategies are adopted:
Short-term tactical reductions.
Repeat purchase
Up-trade
Threatened dormancy
Recovery
PUSH STRATEGY
It is where the focus of marketing effort is aimed at
pushing the product through the channel of
distribution. The emphasis is to ensure that
wholesalers and retailers stock the product in
question. The idea is that if channel members can be
induced to stock a product they in turn will be active
in ensuring that your product is brought to the
attention of the final customer. In general a push
strategy entails a much greater emphasis on personal
selling and trade promotion in the promotional mix.
Usha International Limited actively pursues the
Push Strategy concept. It takes great pride in its
very loyal, old and effective dealer structure.
PULL STRATEGY
A pull strategy relies much more heavily on
advertising to promote the product to the final
consumer. The essence of this approach is based on
the notation that if sufficient consumer demand can
MARKET ANALYSIS
The process of marketing audit employed by usha
international ltd includes analysis of:
1. Current and recent size and growth of market. In
a multi product company like usha analysis is
done in total, it is devided in various segments
like product wise, market wise and geographical
area wise.
2. Usha international also make analysis of
consumer needs, attitude and trend in purchasing
power.
3. It makes a detailed analysis on current market
mix like, 4Ps.
4. Study of competitor analysis, includes:
Current strategy
Current performance, including market
share
Their strengths and weaknesses
Expectations as to their future actions
Usha not only make analysis of existing competitors,
but also keep a good look on potential new entrants.
External Audit
SWOT ANALYSIS
Usha management makes a realistic and objective
appraisal of internal company strength and weakness
in context of potential external opportunities and
threats, called SWOT Analysis. The opportunities
and threats to the future of a business stem primarily
Strengths
Weakness
Usha is a well
Usha is weak in
established brand name
institutional and
government sales as
Usha is in business
compared to other
since 1952
competitors like
Flexible price range,
Crompton
i.e. 800-50000
exports are less
Consistent good press
less promotional
reviews
activities like TV add
Impeccable loyal
lesser work force
business partners
lesser number of service
Variety in product
stations
range
Good foreign
collaboration
Opportunities
Threats
boom in construction
steep increase in prices of
industry
raw material
incessant increase in
threats from new
customers buying
potential entrants like
power
Havells
exports to countries like
Iraq, Africa etc
and
sales
Behavioral forces
rising customer expectation and being concentric
with fulfilling more than basic needs
more professonaly minded organizational buyers
customer avoidance of buyer-seller negotiation
expanding power of major buyers
globalization of market
fragmentation of market
Technological forces
sales force automation
laptop computer and more sophisticated software
electronic data interchange
desktop video conferencing
extranet
virtual sales offices
Managerial forces
direct marketing
direct mail
telemarketing
blending of sales and marketing
intranet
SALE PROCESS
A sales process is a systematic approach for
performing product or service sales. The reasons for
having a sales process include seller and buyer risk
management, standardized customer interaction in
sales, and scalable revenue generation.
Specific steps or stages in a sales process vary from
company to company but generally include the
following steps:
1.Sales lead
2.Qualified prospect
3.Need identification
4.Proposal
5.Closing
6.Deal Transaction
From a seller's point of view, a sales process mediates
risk by stage-gating deals based on collection of
information or execution of procedures that gate
movement to the next step. This controls seller
resource expenditure on non-performing deals.
Ideally this also prevents buyers from purchasing
products they don't need though such a benefit
requires ethical intentions by the seller. Because of
the uncertainty of this assurance, buyers often have a
buying or purchasing process.
Manufacturing
fans
Middlemens
role in
suppling
USHA
INTERNATIO
NAL
LIMITED
Importing /
Procuring
Warehousing
(godowns)
SALES NEGOTIATIONS
In the sales negotiations, seller & buyer each expect
to conclude a deal which is favorable to them. The
extent to which each is successful will depend upon
their negotiating skills & the balance of power
between the parties. This balance will be determined
by four key factors:
1)The number of options available to each party.
If a buyer has only one option- to buy from the
seller in question- then that seller is in a powerful
position. If the seller, in turn, is not dependant on
the buyer but has many attractive potential
customers for the products, then again s/he is in a
strong position. Conversely, when a buyer has
many potential sources of supply & a seller has
few potential customers, the buyer should be
able to extract a good deal. Many buyers will
deliberately contact a number of potential
suppliers to strengthen their bargaining positions.
However, Usha has competitive edge over other
brands which make it a market leader.
2)The quantity & quality of information held by
each
party.
(Knowledge
is
power,
Machiavelli). If a buyer has excess to sellers cost
structure then s/he is in powerful position to
OF
NEGOTIATING
EXPANSION CRITERION
Expansion
Geograph
ical
expansion
Price
slabs
Expansio
n related
to product
line
/orrangera
nge
PRODUCT RANGE
CEILING FANS
CONTEMPORARY
MRP
Group Rs.
1 2045*
MRP
Group Rs.
2 2195*
MRP
Group Rs.
1 1845*
MRP
Group Rs.
2 1995*
MRP
Rs.
4500*
MRP
Rs.
4100*
MRP
MRP
Rs.
3800*
Rs.
2490*
MRP
Rs.
2640*
MRP
Rs.
1760*
MRP
Rs.
1570*
MRP
Rs.
1780*
MRP
Group Rs.
1 1400*
MRP
Group Rs.
2 1450*
High speed
An economically priced decorative fan.
Available in Brown, white, Ivory, Caramel Gold
and Copper Brown sweeps.
Available in 600, 900, 1050, 1200 & 1400MM
sweep
MRP
Rs.
1510*
MRP
Rs.
1550*
MRP
Rs.
1650*
MRP
Rs.
1650*
MRP
Rs.
1700*
MRPBr/P.wh/BW
Group Rs.
1 1530*
MRPBr/P.wh/BW
Group Rs.
2 1650*
MRP
Rs.
1740*
MRP
Rs.
1700*
High speed
Available in Brilliant White, Dazzling Brown
and Ivory sweeps
Available in 600 (with 4 blades), 900, 1050,
1200 & 1400MM sweeps
MRP
Group Rs.
1 1320*
MRP
Group Rs.
2 1435*
MRP
Rs.
1510*
MRP
Group Rs.
1 1160*
MRP
Group Rs.
2 1260*
High speed
Available in White, Brown and Ivory sweeps
1200 MM
MRP
Rs.
1370*
MRP
Rs.
1700*
Economy
MRP
Rs.
1510*
Super Economy
Economically priced
Auto wound motor for long lasting performance
Available in brown, white and ivory sweeps
Available in 600, 900, 1050, 1200 and 1400 mm
sweeps
MRP
Rs.
1320*
Economically priced
Auto wound motor for long lasting performance
Available in brown, white and ivory sweeps
Available in 600, 900, 1050, 1200 and 1400 mm
sweeps
MRP
Rs.
1260*
Economically priced
Double ball bearing for noiseless operation
Available in 1200 mm sweep and three colour
options - Brown, White and Ivory
MRP
Rs.
1200*
MRP
Rs.
1250*
PEDESTAL FANS
Usha pedestal fans come in a range to suit varied
requirement. The Ionizer model provides a healthy
and dust-free environment. Looking for convenience?
Select an Usha pedestal fan that features a remote
MRP
Rs.
2500
Antique finish
Powerful motor for higher air delivery
Aerodynamically designed aluminum
blades
MRP
Rs.
1900
MRP
Rs.
2200
MRP
Rs.
1950
MRP
Rs.
1825
MRP
Rs.
2480
MRP Rs.
3315
MRP
Rs.
2400
MRP
Rs.
2445
WALL FANS
MRP
Rs.
2100
MRP
MRP
Rs.
1870
Rs.
1750
MRP
Rs.
1750
MRP
Rs.
1650
MRP
Rs.
3015
MRP
Rs.
2100
EXHAUST FANS
Whatever be your application, the Usha range of
exhaust fans is sure to offer the right solution. There
are models available for both heavy duty, as well as
light duty operation. Plus, there are ventilating fans,
which are light weight and available in sleek and
stylish designs.
Usha heavy duty exhaust fans are built to last. They
feature extra powerful motors and come fitted with a
rust-proof body and blades. There is a wide range of
sweeps and speeds on offer to suit your needs from
300 to 600 mm sizes and from 700 to 1400 RPM
speed operations.
Light duty models are available in sweeps ranging
from 230 to 400 mm size. Also available are models
with double ball bearings and safety guard fitments.
In case you are looking for a ventilating fan, Usha
offer you a choice of sweep sizes ranging from 150 to
250 mm. Select an Usha exhaust fan and opt for fresh
air.
MRP
300 Rs.
mm 2695
MRP
380 Rs.
mm 3045
MRP
400 Rs.
mm 3795
MRP
230 Rs.
mm 1095
MRP
300 Rs.
mm 1165
MRP
230 Rs.
mm 1055
MRP
300 Rs.
mm 1155
MRP
230 Rs.
mm 1090
MRP
300 Rs.
mm 1205
Noiseless
Light-weight
Rust proof body and blades
150MM, 200MM and 250MM
MRP
150 Rs.
mm 999
MRP
200 Rs.
mm 1049
MRP
250 Rs.
mm 1099
OTHER FANS
Also available, some very special models to suit
varied requirements.
MRP
Rs.
1995
MRP
Rs.
1775
MRP
Rs.
1270
MRP
Rs.
1250
NEW LAUNCHES
Contemporary design
Whisper quite reversible motor
Antique dark real wicker blades
Beautifully designed under light
fittings
1200 MM
1200 MM
1200 MM
life
Ensures consistent quality and
greater reliability
Superior grade electric steel
lamination for longer life and
low power
consumption
Unique safety locking
arrangement for full protection
of the customer
consumption
Superior ball bearings for
noiseless operation and longer
life
Unique safety locking
arrangements for protection to
the customers
DEALERS NETWORK
Usha International Limited has a very strong Dealer
network..The company is 55 years old and has an
equally old,strong and loyal dealer chain.
Dealers Performance and Incentives
The company organizes periodic training
programmes for the sales staff to foster sales
and provide all technical informations needed
from time to time.
These training programmes include Technical knowledge about the
products
Service related seminars
Consumer relationship techniques
Market updates.
Trips to places in India and abroad are organized
for those dealers who meet the target sales laid
by the company to enforce motivation,
loyalty ,a sense of belongingness and
dedicationamong them.This incentive prevents
switching over to other competitive brands.
Annually, awards and trophies under the name of
Star Dealers Awards are presented to the best
performing dealers.
DEALER PROBLEMS
The various problems faced by dealers to meet the
sales targets are as follows:
Issues related to replacement
The major problem faced by dealers as reported
boiled down to issues of replacement of defected
products which take on an average 20 days. This
leads to unnecessary delay in re-assembling of
that particular product.
Issues related to settlement of accounts
Company takes time in issuing credit notes to the
dealers who place bulk orders of the products.
Issues related to stock
Company is not always in the position to meet
the stock requirements of the dealers which leads
to the dealer not being able to meet the
requirements of the consumers on the right time
of demand of the product.
Problems of service allocation
There are only two service centers in the both the
cities i.e. Jalandhar and Ludhiana and on top of it
sometimes these centers run short of spare parts
of the defected fans.
Delivery dilemma
There is only one warehouse in the whole north
division which leads to delay in distribution and
product availability to the dealers.
Consumer
Distributor
Sub dealer
Direct dealer
Consumer
Consumer
MANUFACTURING FACILITIES
S No.
1
Address
Products
Usha Fan
Electric Fans
Industries
Roynagar
Bansdroni
Kolkata-700070
Phone No 0334111901,
4110140
Hyderabad
Engineering
Industries
P.O. Balanagar
Township
Hyderabad500037
040-3078691
Electric Fans
5.BAJAJ
4.KHAITAN
3.ORIENT
2.Usha
1.Crompton Greeves
SALES PROMOTION
Sales Promotion are short-term incentives to
encourage the purchase or sale of a product or
service. Sales Promotion include techniques that
organizations can use as part of their marketing
effort. Objectives that can be achieved through sales
promotional activities include:
Encouragement of repeat purchases
Building of long-term customer loyalty
Encouragement of consumers to visit a
particular sales outlet
Building up of retail stock levels
Widening or increasing the distribution of a
product or brand.
Sales promotions techniques employed by Usha from
time to time are:
Price Reductions
Vouchers
Gifts
Competitions
Lotteries
Cash Bonuses
Techniques cover:
Consumer Promotions of Usha that include cash
refunds, premiums, contests.
Trade promotions of Usha include discounts,
display allowances.
Salesforce Promotions of Usha includes sales
contests.
The importance of sales promotions has increased
since the 1960s, as have the sophistication of
methods used. It is sometimes implied that sales
promotion is a peripheral marketing activity, but
Usha has realized the importance of a well-planned
co-ordinated programme of sales promotion.
SALES FORECASTING
A critical stage in the development of marketing
plans is the assessment of market and sales potential
followed by the preparation of detailed Sales
Forecast. Market potential is the maximum possible
sales available for an entire industry during a stated
period of time. Sales potential is the maximum
possible portion of that market which a company
could reasonably hope to achieve under the most
favourable conditions. Finally, the sales forecast is
the portion of the sales potential that the company
estimates it will achieve. The sales forecast is an
important step in the preparation of company plans.
Not only are the marketing & sales functions directly
affected in their planning considerations by this
forecast, but other departments, including production,
purchasing and human resource management, will
use the sales forecast in their planning activities.
Ushas forecasting technique is the decision making
processes based on constant sales results and
feedback. In the year 2004, Usha availed the services
of FRANCIS CANOYE to study and forecast market
demand & future prospects. Usha plans to employ the
same company in year 2008 for new forecasts and
market updates.