Beruflich Dokumente
Kultur Dokumente
Research Objectives
To define brand value of Nilkamal Plastics ltd? To define that why Nilkamal furniture is different from its competitors? Why local retailers and customer want Nilkamal?
Industry overview
The Indian furniture industry is estimated at around Rs 35,000 crore (Rs 350 billion) with the rapid growth of 20% in past 3 years. Out of this plastics furniture industry consist of 27 %. Today in India there are about 22000 plastic processing units 150 plastic processing machinery manufactures. The machinery units supply over 2500 machineries per annum.
Types of furniture
HOME
Types of furniture
OFFICES
Hotels
Hospitals
Schools
Style of furniture
Storage
Wardrobe Dresser Cabinet Closet Chest Bookcase Pantry Nightstand
Seating
Bean bag Bench Chair Chaise longue Couch Footstool Recliner Settee Sofa Stool Tuffet
Surfaces
Accent Tables Benches and Seating Blanket Racks Coffee table Curio Cabinets Desk Davenport desk Drawing board End table Folding table Game Tables
Companies overview
Nilkamal Year of origin Main business 1963 Plastics furniture Supreme 1942 Petrochemicals Plastics furniture Material handling product Himalaya 1978 Form and coir mattress Plastics furniture National 1952 Furniture House wares Kisan 1982 Water Management, Irrigation, Water Distribution and Sewage Disposal Systems 8
19 Supreme
Comparisons
On the basis of Production capacity Market share Product line Quality offered Schemes offer to customer and retailers Promotions People awareness Dealer network Revenue generation
Findings
Nilkamal is able to cover almost 100% of its area in U.P in comparison to other brands Although they are having 7 plants but there production capacity is much higher than others The schemes provided by Nilkamal are better than others even they have better credit limit facility also. They have better product line , it help retailers to satisfy the demands of customer by exactly what they want. In comparison to Supreme and Kisan ,Nilkamal is quite low in advertising . Nilkamal is maintaining its quality from past 20 years. Nilkamal has its own retail chain name as @ home, which help the company to reach customers directly.
Recommendations
Nilkamal need to improve its promotional activities. Due to increase in competition , Nilkamal need to form pricing strategy accordingly Nilkamal need to maintain its quality, to be the market leader.