Beruflich Dokumente
Kultur Dokumente
1 Company Profile
1 Product Profile
2 Objectives and Scope
3 Methodology
3 Questionnaire Design
4 Findings
4 Assumption
5 SWOT analysis
5 Recommendation
5 Conclusion
5 Limitations
- Bibliography
CHAPTER – 1
1. INTRODUCTION
2. COMPANY PROFILE
3. PRODUCT PROFILE
INTRODUCTION
The project entitled “Brand Equity of Century Cement in Raipur District “resolves around
the customer, who is the optimal decision maker of firm’s future. Since the cement is
core found product and used by all consumer’s. It is very necessary firm to know about
their brand’s position and customer expectations.
Earlier marketers aimed at satisfying the customer’s need but the present day of
marketing requires something more that is customer’s delight.
In this era of globalization company can survive only when he knows the fast of
consumer, which is changing day by day. A company can get and edge other its
competitors in these cutthroat competitors through superior quality, innovations and
better customer responsiveness.
In order to get competitive advantage in core industries, a firm will have to not only take
care of consumers taste but also delight his channel partners, which is a May external
resource. Normally it takes years to build, and it not easily changed. It ranks in
importance with key internal resources such as manufacturing, research, engineering
and field sales processional etc, it represent a significant corporal commitment. To a
large number of intelligent companies whose business is distribution and to the
particular market they serve. It represents to a commitment to a set of policies and
practices that constitute the basic fabric on which is woven an extensive of long term
relationship intermediaries smooth the flow of
Goods and services. This procedure is necessary in order to bridge the discrepancy
between the assortments of goods and services generates by the producers and the
assortment demanded by the consumer. The discrepancy results from the fact that
manufacturers typically produce a large quality of limited variety of goods, where as
consumers usually desire only a limited quantity of a wide variety of goods. In order to
attain
the market share it is necessary to satisfy the channel members. Channel members are
having better knowledge of consumer buying behavior hence their suggestions
regarding the product distributions are of high values.
“COMPLETE CONSUMER SATISFACTION AND FULFILLING THE EXPECTATIONS
OF SOCIETY IS THE KEY TO SUCCESS OF ANY BUSINESS ENTERPRISE IN
GLOIBAL ECONOMY.”
B.K.BIRLA
Cement production in India began in the year 1914 and the first Cement Plant in
Chhattisgarh region was commissioned in 1965. From the available data, it becomes
apparent that it took almost 50 years to put up a Cement Plant in Chhattisgarh area.
There was a general impression that the quality of Limestone available in this area was
not suitable for manufacture of cement.
It was around 1969 that the Management of M/s Century Textiles & Industries Ltd.
thought of diversifying their activities towards other areas and decided to establish a
Cement Plant 35 Km from Raipur by train. Subsequently, the place where the present
Plant and the colony came into existence was christened as "Baikunth". The name
"Baikunth" was evolved out of the two/three letters of the three adjacent villages in
sequence i.e. "Ba" of Bahesar, "Kun" of Kundru and "Th" of Tandwa. Baikunth is about
35 KMs east of Raipur on Mumbai-Nagpur-Howrah S.E. Railway main line.
The 1st Kiln of the Plant was lighted up in December 1974 and the 2nd Kiln in May
1975. The first bag of Ordinary Portland Cement rolled out of the Plant and despatched
on 3rd March 1975. The licensed capacity of the Plant originally was 6.00 Lac MT per
annum which was enhanced to 8.00 Lac MT per annum in 1982.
The Plant capacity has been further enhanced to 12.00 Lakh MT per annum by
installing N-MFC pre-calcinatory in both the Kilns. With the adaptation of new
technology & R&D, modifications has done to enhance the production capacity of
18.00 Lakh MT per .CENTURY CEMENT has emerges as top brand in Cement sector.
This Production is further expected rise to 21.00 Lakh tones by increasing the
contribution of the blended cement.Century cement works is an ISO- 9001 and ISO –
14000 Certified organizations with the total license capacity of 2.10 Million Tonnes per
annum. It is one of the rarest company practicing TPM/TQM activities ensuring the
cement business on “ Zero Defect system” It has been recognized for best national
award for safety (Mines) FIMI (Best Mines in the country) & Prevention of Pollution for
the year 1987,91 & 92 respectively.
Profile of Shri B.K. Birla Group
The B.K. Birla Group belongs to Mr. Basant Kumar Birla elder son of late Shri
G.D.Brila the founder of Birla Empire. The B.K.Birla Group is a Rs. 5500 Crore group
comparising the Rs. 2359 Crore Century Textiles and Industries Ltd. The Rs.703 Crore
Century Enka and The Rs. 758 crore Kesoram Industries.
The Century Textiles and Industries Ltd. has 3 cement Plants.
Apart from the above 3 cement plants, other industrial organization of the
Century Textiles and Industries are :
The B.K. Birla Group shall be a globally respected industrial leader in all its lines of
business. The group culture shall foster business excellence, high ethical and social and
create price for all stake holders in the B.K. Birla Group. Practices
Shares-Values
Our values govern the guiding principles of our behavior, attitude and actions. These
values have been set out hereunder to ensure that we would act in unison as a
cohesive entity. The value comprise of the following:-
2. Customer Focus: - Ensuring that customer needs are identified and the products
and services meet these needs most effectively.
5. Employee involvement: - In the belief that people are the source of strength to an
organization, Century shall foster teamwork and ensure that all employees treat
each other with mutual trust and respect.
7. Action Orientation: - Setting a fast pace and responding quickly to changes being
the key competitive strength to keep us ahead in today’s fast changing world.
Future Scenario
India with an installed capacity of about 166 million tons per annum ranks second
globally, next to China, which produces overall billion tons per annum. Cement
production by India accounts for nearly 6.40% of the global production. The industry has
achieved cement production of 1906740 million tons in the year 2007-2008 as against
1797000 million tons during the previous year, witnessing an annual growth .To meet
increased demand most cement companies operated at high levels of capacity
utilization in the previous year. In conformity with the trend witnessed during the past
several years, the blended cement production continued to grow and stood.
The cement industries exported about six million tons of cement and about three million
tones of clinker during 2007-08. The export of cement is likely to decline in the future
due to additional capacity coming up in the Gulf countries. Large global cement
Companies may increasingly inter the more lucrative and accessible markets of India.
This may affect the domestic demand/supply balance.
The Indian cement industry has witnessed a flurry of mergers and acquisitions amongst
domestic producers, burning smaller players under the umbrella of larger companies
and some larger companies being merged with global corporations. Four of the top five
cement companies in the world have entered India through mergers, acquisitions or joint
ventures. These include the Lafarge, Holmic, Italcementi and Heidelberg. These
companies have already garnered about 28% of Indian industry capacity.
PRODUCT PROFILE
The Cement Industries have been in operation for quite a long time, it is a core sector
industry and there by cement plays a very important role in shaping the economy of any
country.
In the general sense, cement (Latin caementum) is any material with adhesive
properties. The term cement is also commonly used to refer more specifically to
powdered materials which develop strong adhesive qualities when combined with water.
These materials are more properly known as hydraulic cements. Gypsum plaster,
common lime, hydraulic lines, natural pozzolana and Portland cement are the more
common hydraulic cements, with Portland cement being the most important in
construction.
Varieties of Cement: -
There are Three (3) types of Cement
General-purpose cement, which includes OPC, PPC and PBFSC (Portland Blast
Furnace Slag Cement).
Cement for meeting needs of various environmental and climatic conditions that
includes Sulphate Resistant Portland Cement, High Alumina Cement (HAC), Super
Sulphated Cement (SSC) and Hydrophobic Cement.
Cement to meet the service condition which includes Rapid Hardening Cement (RHC),
Low Heat Cement (LHC), Oil Well Cement (OWC), White Cement (WC), Slag Cement,
Portland Pozzolana Cement (PPC), Expansive Cement and Masonry Cement (MSC).
(ii) History
Hydraulic cement was first invented by the Egyptians, and later reinvented by the
Greeks and Babylonians, who made their mortar out of lime, much harder than the
Roman mortars. Later, the Romans produced a good cement from Pozzalanic ash.
(iii) Production
(iv) Properties
Cement industry in India The foundation of a stable Indian cement Industry was laid in
the year 1014, when the Indian Cement Company Ltd. manufactured cement at
Porbunder in Gujarat
These cement plants are producing around 125.56 million tons of cement per annum.
In addition, about 6 million tons per annum capacity has also been contributed by the
mini cement plants sector. The expected installed capacity is likely to increase
substantially in future.
From marketing point of view, India has been divided into zones southern
zone, Northern zone, Eastern zone and Western zone. The per capita cement
consumption in India is 110 kg. As against the 278 kg. Of the world. The total
cement consumption during 2003 – 2004 was 113.86 MnT. As against 10759
of 5.8% Details are given below in Zone-wise
Cement Consumption In India
Besides the domestic consumption of cement there is global market of Indian Cement
and following is country wise Export of cement during 2004 –2005
At present there are six major plants and many mini cement plants in Chhattisgarh
region. There are three types of cement generally sold in this area –
Ordinary Portland cement [OPC]
Portland Slag Cement [PSC]
Portland Pozzaland Cement [PPC]
The major competitors in the cement market of Chhattisgarh are: -
1. Associated Cement Companies, ACC [ Jamul]
2. Ultra Tech [L&T] Cement [ Hirmi]
3. Ambuja [Rawan] [erstwhile Modi cement]
4. Lafarge Cement [ Sonadih / Ahaltara] [ erstwhile Raymand, Tata]
5. Century Cement [ Baikunth]
6. Ultratech( Grasim) Cement [ Rawan]
The use of additives like fly ash ,slag etc. changes the chemical composition and
use of different raw material have resulted in the availability of many types of the
cement to cater the need of the construction industries for the specific purpose
cement can be classified as Portland and Non Portland cement
CEMENT
The raw material used in the manufacturing of Cement at Century Cement plant is
mainly lime stone (the main source of CaO) which is supplemented by a small
quantity of Iron Ore viz. 0.2 – 0.5% approximately to make up iron content. The
limestone & iron ore are fed in the required proportions, depending upon their
chemical composition and the final composition desired, in the Raw Mill for
grinding. The ground product called Raw Meal is stored in the Blending Silo, where
it is thoroughly agitated by compressed air and then the material is transferred in
storage silo from where it is fed to Rotary Kilns by mechanical transport
system for burning through 5-stage suspension pre-heater cyclones.
Rotary kiln consists of a slowly revolving cylindrical tube which is inclined to the
horizontal about 1 in 32 and is lined internally with refractory material. The raw
meal to be burnt enters the kiln at its upper or feed end and the firing system is
installed at the lower or discharge end. Pulverized coal is used as fuel for
burning.
As the raw meal enters the kiln it descends gradually due to rotation of the kiln.
The chemical reactions start in the preheated it. First the water of hydration is
driven out, calcium carbonate
gives off its carbon dioxide at temperatures between 700 deg. to 1000 deg. C
and is thereby transforms in to caustic lime (CaO). This material is strongly basic
oxide which reacts directly with the other oxides present in the raw meal when
the material reaches the zone of higher temperature. In this way calcium
silicates, calcium aluminates & calcium aluminate ferrites are formed. These
reactions take place in between 1200 Deg to 1450 Deg C. At this stage the
material, which has acquired blackish colour is called clinker.
The basic chemical compounds present in the raw materials and their significance are
as under:
Raw Materials:
1. Lime Stone
The lime stone suitable for manufacture of clinker called “Cement Grade
Limestone”. Its appropriate composition is as under:
LOI (Loss on ignition) 36-37%
CaO (Lime) 42-45%
SiO2 (Silica) 11-12.5%
Al2 O3 (Alumina) 3.5-4%
F e2 O3 (Magnesia) 1.8-2.2%
2. Coal
Coal is used to burn raw material powder. The composition of coal is as under
Ash 25-27%
Volatile Matter 27.00%
Fixed Carbon 33-37%
Moisture 08-10%
3. Clinker
Clinker is the intermediate product manufactured by the controlled burning of
ground limestone in the kiln.
Its approximate composition is:
Lime 63-64 %
Silica 21-22 %
Alumina 05-06 %
Iron Oxide 3.5-04 %
Magnesia 3.0-04 %
3. Gypsum
Gypsum is mixed with clinker during final grinding to regulate the setting of
cement. It is available in two forms
1. Mineral Gypsum - Excavated from mines.
2. Chemical Gypsum- a byproduct of Chemical Industries.
4. Pozzolana
Pozzolana materials in themselves have no cementing property. Its active
silica reacts with free lime present in clinker and produces silicates. This
result is enhancing the compressive strength.
The Pozzolanic materials used in cement manufacture are :
a) Fly Ash - A by product (waste) of Thermal Power
Stations.
b) Cinder - Remainder of partly burned coal.
c) Brickbats - Calcinied (baked) clay bricks.
5. Slag
Slag is a byproduct of the manufacture of iron by the blast furnace process.
Slag is rich in lime it exhibits cementations properties. Composition of Slag is
as under
Silica 30-32%
Alumina 15-20%
Iron Oxide 01 (Max)
Lime 30-35%
Silica 21-22%
Magnesia 08-12%
All Cement is usually grey except White cement which is usually more
expensive than grey cement.
Application of Cement:
PPC it is used in general construction for plain and reinforced concrete. Its technical
advantages cause is to be preferred in following constructions.
1. All marine and hydraulic create structures such as docks, harbors
and jetties.
2. Mass construction like dams and retaining walls.
3. Large foundation works.
4. Structures where water is constantly in contact such as canals,
reservoirs, swimming pools, river embankments, cooling towers and
hydroelectric power stations.
5. Structures where rapid construction method is used like slip form
construction.
6. Bridge Piers.
7. Industrial Plants.
PSC it is used in general construction for plain and reinforced concrete. Its resists
chemical attacks more efficiently and hence it is preferred in following
constructions:-
1. Structures in aggressive environments where chemical and acidic
water are encountered.
2. Marine constructions where Sulphatic water is present.
3. Sewerage where attach sulphur bacteria is present.
MARKETING PATTERN
Transportation
Cement is dispatched both by road and by rail. Freight accounts for a large part
of selling price. The mix of these two types of transportations is rail 68% and
Road 32% Road dispatches are economical up to a distance of 300 km. For
longer distance Rail Transportation becomes economical. Century Cement is
feeding West Bengal, Assam, A.P., U.P., North-East States and Bihar /
Jharkhand by rail and M.P./ C.G., Orissa and Maharashtra by road cum rail.
Selling Channel
Century Cement is selling mainly through dealers and consignment agents and
also selling directly to Government Department / Institutional buyers.
MARKETING PATTERN
4 Direct Sale All the above states Directly to the Govt. 18%
Dept/ Institutional
Buyers
Total 100%
1. Stock Transfer
In West Bengal and Maharastra sales are made through transferring stock to
company depots. Century Cement has handling agents to manage company’s go
downs/ depots and market segment under instruction of the company’s local
offices. Cement is sold through dealers.
2. Consignment Sales
In Bihar, Orissa, A.P., U.P., Assam and North East State sales are made through
consignment agents. The consignment agents develop market and sell cement
through dealers, go downing, Sales. Collection of payment, tax payment and
advertising in this area is under his responsibilities.
3. Dealer Sale
In Madhya Pradesh & Chhattisgarh the company directly supplies materials to
dealers against their orders and collect payments from them. These dealers
either retail the cement or sell in wholesale to sub dealers appointed by them.
4. DIRECT SALE
Government departments / intestinal buyers and private companies float
tenders / enquiries from time to time for bulk supply of cement. The company
participates in these tender directly. Marketing agents may assist in getting
orders / payment for which they are paid a small commission.
CHAPTER - 2
Core Objective:-
2. To know the dealer perception about different brands depending upon product
attributes and marketing Mix.
3. In order to get suggestion from the retailer and dealers to improve sale as well as
level of satisfaction in them.
CHAPTER – 3
1. METHODOLOGY
2. QUESTIONNAIRE
Methodology
Since the cement is a core product and being used by all types of consumers, hence the
focus for collecting data was from every person who is directly or indirectly involved with
sales/user of Cement such as Dealers, Sub Dealers, Civil Engineers, Contractors ,
Masons.
To know the brand equity of Century Cement in this particular region the comparison
among different brands on the basis of attributes of cement has been done. For this
purpose, opinion of sub dealers (who possess different brands in their shops) has been
taken. This might be helpful to draw the right picture about the market scenario. The
data has been collected from sub dealers of cement because only they have the
sufficient knowledge regarding different brands prevailing in this market.
The sample was conveient in nature because I would have to account only those people
who are in the business of selling of Cement.
For obtaining information for proposed plan, I have decided to use two types of data,
one which is gathered by personal contacts and approaches, which are primary data
and another, which is directly taken from journals or referential magazines i.e.
Secondary data.
Primary Data
Secondary Data
PRIMARY DATA
Mainly three research instruments (steps) was used in my project work:-
1. Research Design
2. Data Collection Method
3. Sampling
Research Design
A Pilot survey was conducted initially to identify the various attributes of each cement
brand that can be compared. And this pilot survey helped a lot in framing the
questionnaire for data collection the survey was conduct among the various cement
dealers of Raipur District. The primary aim of the survey was to find out the various
product attributes that affects the sale of various cement brands and the dealers
perceptions about each brand that they are dealing or not dealing.
SAMPLING:-
Element – Cement Dealers and Retailers extent – Raipur District (C.G.)
Duration: 4 weeks or 30 working days.
Sampling Technique:-
Judgments sampling technique has been used where in the sample respondent so
selected is assumed to be a part of appropriable population.
Sample Size:-
The sample size for the collection of information was 100 spreads all over Raipur
District.
SECONDARY DATA
There are many in-house researches and studies have been done in various sales and
marketing related subjects. Hence the inputs which are valuable for my research work is
directly taken from it. The annual production of various renowned companies and their
region wise sales are published in Cement Manufacturer Association journals. The
political issues, policies and other related topics are also taken from various news
papers and magazines like Times of India and Business India, which are also valuable
inputs for my studies.
QUESTIONNAIRE DESIGN
A questionnaire was designed for the sample survey of Dealers, Sub dealers &
Retailers in the Raipur District. The questions were designed in accordance where
designed in accordance to the objective of study.
CHAPTER – 4
1. DATA ANALYSIS &
INTERPRETATION
2. FINDINGS
According to dealer’s Perception the average sale of Ultratech is highest than others
available brands. Century & Lafarge giving tough competition to Ultratech as figure
shown in the above graph.
(1) ACC 6%
(2) Ambuja 12%
(3) Century 32%
(4) Ultratech 20%
(5) Lafarge 30%
When we tried to know about the popular brand most of the dealers and
Retailers perceived the Century Cement as the most popular brand. But
Above graph itself shows that there is no clear-cut defined brand, which
Can be perceived as popular brand.
Centur Lafarg
Rank Point ACC Ambuja y e Ultratech
38
1 5 10 15 20 17
27
2 4 10 12 30 21
17
3 3 5 20 27 31
7
4 2 31 32 10 20
8
5 1 38 29 10 15
363
Total Points 167 247 321 302
Ultratech scores over its competitors i.e. Century, Lafarge and Ambuja in
terms of quality. The quality of Ultratech Cement is considered better than
other Cements.
Ranks given on the basis of Quality
400
% Responce
300
tec h
ACC
uja
ry
ge
Centu
Am b
Lafar
Ultr a
Different Brands
400
Responce
300
200
%
ury
ch
u ja
ge
te
Lafar
Cent
Amb
Ul tra
Different Brands
Ranks given to different brands by Retailers and dealers on the basis of Packaging
Ultratech is perceived as the company, which takes care of best packet of Cement to
consumer other companies will have to go a long way to
Complete with Ultratech. Century, ACC and Lafarge Cement are also trying well for it;
Ranks given to different brands by Retailers and dealers on the basis of Customer
demand Ultratech is the most favorites brand of the consumers in retailers & dealers
perception. Century is giving tough competition when it comes to consumers Demand.
Lafarge is also coming closer to it.
400
% Responce
300
376 412
200 304
100 136 172
0
tec h
ACC
uja
ry
ge
Centu
Am b
Lafar
Ultr a
Different Brands
400
% Responce
300
0
ACC
h
ry
ja
ge
tec
Ambu
Centu
Lafar
Ultra
Different Brands
Ranks given to different brands by Retailers and dealers on the basis of Delivery. Due
to its efficient marketing team Lafarge is having an edge over its Competitors. Ultratech
and Century is having a neck-to-neck fight With Century.
400
% Responce
300
0
ACC
h
ry
ja
ge
tec
Ambu
Centu
Lafar
Ultra
Different Brands
400
% Responce
300
402
200 314 339
232
100 113
0
ACC
h
ry
ja
ge
tec
Ambu
Centu
Lafar
Ultra
Different Brands
Ranks given to different brands by Retailers and dealers on the basis of Attractive
Advertisement
400
e
c
300
n
o
200 351 330 336
p
s 230
e
100 153
R
%0
Different Brands
Ranks given to different brands by Retailers and dealers on the basis of Marketing
Support. Century is having the best marketing force, which is very much nearer to
Dealers and retailers and understand the needs of its customers and Channel partners.
Hence they are able to provide the best support with Compare to other companies.
FINDINGS
1. Century is having good position in the market but have to give stress on quality.
An average sale of Ultratech Cement is more according to the dealer’s
perception. Ultratech is best in terms of Quality where Century, Lafarge and
others follows him and most favourite brand among customers in retailers &
dealer’s perception. Century is having good company image alongwith best
marketing support. Lafarge is having best delivery system. Ultratech has the
attractive advertisement & packaging among all.
2. Consumer’s decisions are affected by the attractive advertisement and also the
credit facilities given by companies. Quality of Cement, Company image affects
the purchasing decision of consumers.
3. Ultratech is considered as premium brand by retailers, century is considered as
popular brand and ACC Cement is considered as best brand in discount
segment.
4. There are very less no. of C&F agents and also some dealers and retailers do
not know about these facts. Effectiveness of dumps are not told by the dealers.
ASSUMPTION MADE
During the project the data regarding the comparison in among different brands
on the basis of market share were required. While collecting those I made
following assumptions:
1. I have made survey of only Dealers Sub Dealers, contractors, because I have
assumed that only these persons have adequate knowledge and information to
compare different brands.
2. This project report is 100% on the basis of opinion of dealers sub dealers ( those
persons who own a retail shop of cement from where different brands are being
sold) because I assumed that sub dealers have adequate knowledge and
information regarding cement market situation and they are able to compare
different brands on the basis of attributes of cement.Due to lack of knowledge of
cement market situation the common users of cement are motivated , directed
and well influenced by sub dealers while taking decision for purchasing of cement
.
4. As the comparisons of cement brand is based on the quality and brand image of
cement , I assumed that respondent has given answers of my questions after
keeping all factors in his mind related with the quality of cement product like
setting time , strength treatment and colour.
5. As the result is 100% based only on the opinion of the respondents I have
assumed that the information provided by respondent to me is true and genuine
and free from any business.
6. Not only the promotional tools uses by company out also advertisement along
with other support provided by marketing team such as payment terms, credit
terms , attention on the feed back on remarks given by retailer are considered .
While we trying to know about marketing support.
CHAPTER – 5
1. SWOT ANALYSIS
2. RECOMMENDATIONS
3. CONCLUSION
4. LIMITATIONS
SWOT ANALYSIS
Strength
1. Century Cement is having good image with compare few leading brands because
of oldest player of the market.
2. Marketing team of century cement is having good relations with its channel
partners hence they are able to understand their problem and provide best
possible support.
Weakness
1. Company is having good demand but not having the best demand, as it is not
perceived as of best quality then Ultratech.
2. Company is not having prompt delivery system with compare to few leading
brands, as well as company is not projecting its image through advertisement.
Opportunity
1. As Indian core industry is growing at rate of nearly 10% per annum, century has
having good future.
3. Road’s are under going through the transformation process through which the
traditional method of road building will be replaced by modern concrete roads.
Threats
1. After the globalization the many new entrance is expected in coming – years
which will be bring a tide of change and can start price war.
2. The emergence of small players in this market may increase the competition and
start the malpractices, and heavy discounts to retailers. They can also influence
many retailers by giving better profit margin, and other benefit.
RECOMMENDATION
In popular usage, the term "marketing" refers to the promotion of products, specially
advertising and branding. However, in professional usage the term has a wider meaning
that recognizes that marketing is customer centered. Products are often developed to
meet the desires of groups of customers or even, in some cases, for specific customers.
McCarthy divided marketing into four general sets of activities. His typology has become
so universally recognized that his four activity sets, the Four Ps, have passed into the
language.
For products that are late to market, several strategies could enable a successful run.
Here are a few:
The most obvious strategy for late entrants is to gain market share by entering at a price
that is lower than that established by existing competitors. If customer loyalty is not very
strong then a product offering similar benefits but with a lower price will be in a good
position to capture a good percentage of the market – at least in the short-run. If a
company plans to compete on price they should brace themselves for retaliatory
reaction by competitors, who will not take kindly to seeing sales migrate to a new, lower
price competitor. The early entrants are bound to respond by offering additional
incentives to the market. If the marketer has the strength to sustain a price battle then
this strategy could help establish a foothold. But the risk is high.
Since battling on low price is often a risky strategy, an option that may have greater
long-term success is to offer other benefits beyond the basic product. For instance, the
company could develop features that provide extra value, such as easy-to-access
service centers, attractive product packaging, product training, and extended warranty
plans.
CONCLUSION
Looking at the following bulleted points we can conclude that, we should have optimistic
view to expand our marketing strategies, and Marketing of Cement in West Bengal will
be somehow feasible in proposed voluminous sale in previously stated locations.
3. Ease of transportations
LIMITATIONS
1. Survey was done with the help of samples taken out from population of retailers
and dealers of Raipur District; hence information can give only indications of the
perception of the population about the different brands.
2. Respondents are not end consumers hence their opinion cannot give the
absolute information about the different brands of cement.
3. Ranking method was used to know the respondents perception and was
quantified by giving weight age depending upon their ranks.
4. Some time the emotional attachment and brad loyalty of respondents prohibited
to give correct information.
5. Some times respondent has not given adequate information.
6. Mostly information are fetched as secondary data from popular magazines and
news papers like Business India, Times of India, The Hindu, Journal of CMAI
(Cement Manufacturers Association of India) etc. Hence study it depending upon
existing data and projected policies and market trends. In case of any unforeseen
political change or geographical change will be greatly affect the market plan and
research.
Bibliography and webliography
1. Marketing Research
By Nargundkar Rajendra
2. Marketing Research:
Within a Changing Information Environment
by Joseph F. Hair, Jr., Robert P. Bush, David J. Ortinau
5.www.century cement.co.in
6.www.cement india.com.
QUESTIONNAIRE
Que 1 what is the average sales of different brands of cement in Raipur District?
ACC Century
Ambuja Ultratech
Lafarage
Que 4 Please Rank Cement Brand From 1-5 (1 will be best 5 being worst) on the basis
of Quality?
Brands 1 2 3 4 5
ACC
Ambuja
Century
Ultratech
Lafarage
Que 5 Que 4 Please Rank Cement Brand From 1-5 (1 will be best 5 being worst) on the
basis of Packaging?
Brands 1 2 3 4 5
ACC
Ambuja
Century
Ultratech
Lafarage
Que 6 Please Rank Cement Brand From 1-5 (1 will be best 5 being worst) on the basis
of Customer Demand?
Brands 1 2 3 4 5
ACC
Ambuja
Century
Ultratech
Lafarage
Que 7 Please Rank Cement Brand From 1-5 (1 will be best 5 being worst) on the basis
of Delivery?
Brands 1 2 3 4 5
ACC
Ambuja
Century
Ultratech
Lafarage
Que 8 Please Rank Cement Brand From 1-5 (1 will be best 5 being worst) on the basis
of Company Image?
Brands 1 2 3 4 5
ACC
Ambuja
Century
Ultratech
Lafarage
Que 9 Please Rank Cement Brand From 1-5 (1 will be best 5 being worst) on the basis
of Attractive Advertisement?
Brands 1 2 3 4 5
ACC
Ambuja
Century
Ultratech
Lafarage
Que 10 Please Rank Cement Brand From 1-5 (1 will be best 5 being worst) on the basis
of Marketing Support?
Brands 1 2 3 4 5
ACC
Ambuja
Century
Ultratech
Lafarage