06 final report
TRANSCRIPT
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CHAPTER-1
CompanyProfile
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COMPANY PROFILE
History of the company
A brief history of SHREE KRISHNA PACKWELL INDUSTRIES in
chronological order is given below:
1994: This is the year beginning SHREE KRISHNA PACKWELL
INDUSTRIES. Being a proprietor concern owned and managed by
Mr. JATIN KHANNA. At that time, it started commercial
production of QUALITY adhesive tapes.
Shree Krishna Packwell Industries is 100 % Exporting unit engaged
in exclusive manufacture and export of adhesive tapes and other
engeneering adhesive tapes from India.At present Company deals
in all types of adhesive tapes.
The Company is successfully operates in the world and its main
market in Australia,Germany,U.k,America.The Company is
observing and maintaining quality with regard to material and
packing.
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ORGANISATION OF THE COMPANY
Based in Jalandhar, Shree krishna Packwell Industries are one of the
manufacturers of BOPP self adhesive tapes in brown, transparent,
coloured etc. With only three years in manufacturing and over more than
15 years of wide experience in this sphere of business, they are a
recognized brand in the market. Their produced self adhesive tapes makes
the packages secured and enhances the brand entity.
We have a state of the art manufacturing unit in Godaipur, near Focal
Point, Jalandhar, which helps us to produce a wide series of high quality
tapes and films using pneumatically controlled thermal fluid drying
system. We manufacture tapes of different lengths such as 65 mts, 100
mts, 130 mts and 650 mts etc. We slit tapes in 12mm, 18mm, 36mm,
48mm, 60mm and 72mm, and in diverse colors according to the demand
and requirement of the customers.
Since inception, we ensure that our products adhere the international
standards of quality. We have quality-checking department and our team
of qualified and experienced managers and supervisors maintain the
standards of quality. Because of our dedication, commitment and
business policies, we have a long and reputed clients in market.
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INFRASTUCTURE
Our manufacturing unit is well covered with high speed coating unit,
slitter re-winder, core cutter etc. machines and having the most special
features such as air brake and auto turrent system. Our workforce is well
experienced and our quality controllers ensure our clients receive the best
quality self adhesive tapes at competitive rates. We focus on custom
BOPP self adhesive tapes to suit all packaging requirements.
We provide very secure and hygienic working conditions to our
employees thats why very low percentage of employees have left till
date.
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MANAGEMENT
BANKERS of the company State bank of India
Commercial Branch
Civil lines, Jalandhar
Auditors Mr. Surinder goyal
Chartered Accountants
Jalandhar
Accountant Mr. Raman Sharma
Commercial Accountants
Jalandhar
Promoters Security Printers from
RBI
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ADDRESS OF THE OFFICE
Registered office
72,Raja garden
Village Godaipur,near amritsar bye pass
Jalandhar
Punjab
India
Pin code : 144001
Tel : +91-181 2284804
Fax : +91- 181 3247704
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OBJECTIVES OF COMPANY
1. CUSTOMER SATISFACTOINShree Krishna Packwell Industrieslays emphases on forming a long lasting relationship with its
customers by offers optimum requirement and upgrade the quality
of its human resource system machinery and equipment. Company
has provided to its customer the safety of life from various hazards,
security and growth for its employees, satisfactory return to
investor and useful contribution towards development of
community and society.
2. DISTRIBUTION NETWORK Shree Krishna Packwell
Industries is having authorized distributor and authorized retail
outlets so that the sale can promote. They are also providing some
benefit to their Ads so that can promote sales. Following are the
number of distribution and retail outlets.
Table1.1 Distributors
Authorized Distributors 15
Authorized Retail Outlet 25
3. HUMAN RESOURCE The success of Shree Krishna Packwell
Industries Depends upon the people working there. They are the
foundation of this company. They are pillar holding the position of this
concern. The companys list of human resource is as follows.
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Table1.2 Human resource
Skilled 300
Unskilled 40
Semi skilled 30
Managers and staff 10
Engineers 10
Supervisors 10
Total 400
The company has not lost a single man-day during its 15 years of
existence. To take care of the workers of company has also introduced a
self-financing scheme governed and managed totally by the workforce for
their over benefit.
4. ENVIRONMENT OF THE CONCERN
The company has the distinction of having the mesmerizing
infrastructure. The environment of Shree Krishna Packwell Industries is
fully workable, each and every person in the concern is filled with the
spirit of doing their work in a different and specialized way.
5. EXPANSION PLANS The company is professionally managed.
It is continuously improving its product range and has plans to
achieve over Rs. 10 crores turnover within next 6 years. It has
very ambitious expansions plan in various stages of
implementation. In, the month of May 2004, the company has
purchased 4600 square yards of land with well-built up factory
and office building.
6. INDUSTRIAL RELATIONS The personnel policies and
managerial philosophy of this group are people oriented. Human
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resources are fully encouraged to obtain maximum career development
growth within the organization. The quality of the product working
conditions and natural consideration and understanding between the
management and the workers has resulted in extremely cordial industrial
relations.
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CHAPTER-3
Research
Methodology
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OBJECTIVES OF THE STUDY
1. To find out different advertising and sales promotion activities of
Shree Krishna Packwell Industries.
2. To determine the procedure of advertising adopted by the Shree
Krishna Packwell Industries.
3. To know the media Planning followed by the Shree Krishna
Packwell Industries.
DATA COLLECTION
COLLECTION OF DATA:
The task of data collection begins after a research problem has
been defined and the research design checked out.
PRIMARY DATA:
Personal interview with Marketing Manager and other officer of
Marketing Department of Shree Krishna Packwell Industries was
conducted. Various questions were asked regarding advertising and
promotion activities of the concern to collect the data.
SECONDARY DATA:
Company pamphlets, company magazines, company website.
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LIMITATIONS OF STUDY
1. Though every care was taken to maintain object, yet the prejudice
in response cannot be ruled out.
2. Limited time and limited funds made the detailed study a bit
difficult.
3. Most of the workers were busy doing their work, they did not have
time to fill the questionnaire, nor did they find it necessary.
Presentation :
The data has been analyzed in the form of bar graphs and pie graphs.
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CHAPTER-4
Advertising & SalesPromotion
At Shree Krishna
Packwell Industries
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ADVERTISEMENT A THEORETICAL
APPROACH
Advertisement is multidimensional. It is a form of mass
communication, a powerful tool, component of the economic system, a
means of financing the mass media, a social institution, an art form, an
instrument of business management, a field of employment and a
professional. It is all-pervasive, ubiquitous force. It is the least expensive
method of communicating with large and geographically diverse market.
Advertisement meaning
Advertisement is a salesmanship in print. The word advertising has
been derived from the Latin word advertere connoting to turn to orturn the people towards it or turning the valuable attention towards the
product.
Advertisement is a medium of impersonal sales efforts. It is the art
of influencing human action to buy or posses one s product. It is a
techniques of popularizing action to buy or posses one s product or
service.
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DEFINITIONS OF ADVERTISEMENT
THE AMERICAN MARKETING ASSOCIATION (AMS) has
defined advertisement in the following words:
Advertising is any form of personal presentation of goods,
service or ideas for action, openly paid for by an identified Sponsor.
According to this definition, advertisement is paid form of publicity and
any sponsored communication designed in influence buyer behaviour is
advertising. Further, advertisement is non-personal and directed at a mass
audience.
ADVERTISEMENT
Educate People Definite goal Ideas of services
Creation of
D
e
Identified
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PURPOSE OF ADVERTISING PROGRAMME
Just like human and action has on objective, so advertising or publicity
also has their own purpose to support their existence and paramount role.
To pinpoint, following are the purpose:
1). Communication of information
2) Establish image of the product
3). Educating the public
4). Creation, direction and extension and demand
5). Builds a sound edifice of good will
6). Accelerating Economic growth
7). Helping sales efforts
8). Increasing market shares
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ADVERTISING PROCESS
An advertising is said to be successful if it able to arrest the attention of
people and ultimately influence their in favour of the advertiser by
compelling them to buy the product or service advertised. There are
various models, which explains promotional elements i.e.
Advertising
Sales promotion
Personal selling
Publicity
Public relations work
1). AIDA MODEL
It was developed to represent the stages a sale person must take a
consumer through in the personal selling process. The effect is the action
into which prospect may be induced as are result of advertisement.
This model highlights the importance of catching the eye / ear of the
prospect in order to create his interest or desire and finally determination
to buy the advertisement product by showing it in the final action.
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2. INNOVATION ADOPTION MODEL
This model is evolved from work on the diffusion of innovation to the
adoption of the innovation by public.
This model involves various steps, which are as follow
This model the challenge facing the companies who launch a new product
is to create awareness and interest of consumer so that they proceed to
evaluate the viability of new product by actual use; and by evaluating the
viability by actual trial, the consumer may proceed further in adopting the
advertised product.
3). HIERARCHY OF EFFECT MODEL
This model is also called Levidge and skinner model. This model
shows the process by which the advertising works and assumes that the
consumer passes through a series of steps in sequential order from initial
awareness of a product or service to actual purchase.
Interest
AwarenessEvaluation
Trail
Adoptio
nEvaluation
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The basis purpose of this model is that advertising effect occurs
over a period of time.
Advertisement communication may not lead to immediate behaviour
response or purchase rather a series of effect most occur with step full
filled before the consumer can move the next stage in the hierarchy.
HIERARCHY
EFFECT
MODEL
Unawareness
Awareness
Knowledge
Linking
Confirmation
Purchase
Conviction
Preference
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ROLE OF ADVERTISEMENT IN MODERN BUSINESS
1). Advertisement is a big business: - Advertising is a big business. it
is bigger in the developed and rich countries of the west. It has
been accepted that size of the advertising industrial is a true
indicator of the level of the living standard in a country and its
economy.
2). Advertising is a marketing tool: - Advertising is the
communication link between the seller and buyer the consumer.
There is another way of viewing the advertising function, and that
is the marketing point of view. An organization also identifies the
segment of the market, it intends to serve. And advertising is an
essential as the right product the right place, the right distribution
channel and personal selling.
3). Advertising is a professional: - Advertising has now becomes aprofessional fulfilling the important requirement of having a high
degree of generalized and empirical analysis and research. Large
number of professional is now being employed in the newly
formed full-fledged department of advertising and publicity.
4). Advertising makes possible free choice :- Advertisement of an
products and brands manufactured by competing firms give a
choice to consumers ; they give them product information as well
intact advertising helps in creating a competitive environment.
5). Advertising is informative: - Advertisement is an equally
effective tool foe information seller of the purchasing intents and
specifications of the buyers.
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6). Advertising creates demands :- Most of us feel that advertising,
offer al, for the market, a powerful persuasive tool for creating a
demand for his products, building up his sales and improving hismarket share.
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ADVERTISEMENT POLICY OF
SHREE KRISHNA PACKWELL INDS.
The general trend of Shree Krishna Packwell Industries is to spend 1 % of
sales target as advertising expenditure and on sales promotion techniques.
The advertising expenditure will be given according to the target of the
dealer and the rest 0.5 % is expand on manufacturing of complimentary
gifts Calendars, Key chain, tolls kits, diaries, table clothes, slips pads etc.
Some time dealers wants to make these gifts on their on their own,
for that compcany provides 0.5 % of expenditure to them.
Shree Krishna Packwell Industries is trying to improve their sales
in all over India. A separate policy for replacement of good has been
circulated. All defective goods to be sent to company deposit in
copulation after approval of the concerned territory sales persons.
FACING RIVALS
Company is very much alert about their rivals. They are having
marketing intelligence. They keep in touch with the marketing strategy.
They used to know about:
a. Important competitor in the region and their total annual sales.
b. Sales of the competitor in the region
c. Marketing policy including discount structure, credit facilities cash
discount policy, and Quarterly terms of deferred payment annual T.O.D.
any incentives schemes, quantity discount etc.
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ADVERTISEMENT MEDIAS OF
SHREE KRISHNA PACKWELL INDS.
QUALITY Adhesive Tapes is the manufacture of industrial goods so
for that industrial advertisement done. The objective of industrial
advertisement vary according to form and situation. Advertisement is
paid communication because the advertiser has to pay the space or time
wherever his advertisement appears. Advertisement appears in recognized
media such as newspaper, direct mail, magazines, radio, television
cinema, outdoor hoarding, posters, banners etc. lots of money is spent on
media on the production of advertisements. Shree Krishna Packwell
Industries use following medias.
A). ADVERTISEMENT IN NEWSPAPER AND MAGAZINES
Newspaper is a very common made of advertisement, which provides awider coverage to the products. Form time to time the company has
exploited this mode of advertisement for attainting mass recognition of
their products.
The company is also used to see that their campaigns are published after
regular intervals to maintain the market or to push up the sales. The
magazines mostly used for advertisement by Shree Krishna Packwell
Industries Are:-
National product news
Industrial Automation
Electrical International
Electricity Engineering etc.
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B). THROUGH SALE FORCE
Major promotion of the product which to be distributed specific channel
is usually done through salesmen, sales engineers and sales executive.
The sales force report with and figures reveals personnel reports with and
figures reveals personal visit majority help in the product acceptance 90
% of the sales is made through the distributor. Some specific suppliers are
made to the government and industrial clients.
C). HOARDINGS
Releasing an impression and longer rusting impact which can be by
hoarding Shree Krishna Packwell Industries has recently put n large
hoarding across the city which are captivating enough to attract the
masses attention and convey the meaning behind them.
The company use hoarding in the form of
Glow sign
Sunshades
Posters are also used extensively by the concern
D). DIRECT MAIL ADVERTISING
It includes all form of printed advertisement delivered directly to
the prospective customer through or distributor from door to door or
delivered by messenger or pass on the street through leaflets. It may be
handed over to the customer at the counter of the retail store. Printed
advertisement delivered directly to the customer instead on indirectly the
newspaper delivered to the customers.
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E). TRADE SHOWS AND EXHIBITIONS
To influence channel members and resellers in distributor channel, it has
become practice for a seller to participate in trade shows and exhibition.
The visitors in such shows are either reseller or customers of particular
products Shree Krishna Packwell Industries also organize trade to maintain
the market. Exhibitions are origination by a group or manufactures just to
familiarize people the whole range of product they produce. The
exhibition may be local, national and international reputation.
F). SEMINARS AND CONFERENCESThe company arranges the seminars and conference both in house and
outdoors from time to time people difference work fields. These meetings
are quite beneficial and for the interest of the company. It is an
association of adhesive tapes manufacture technical seminars, expert
meet dealers meet, architects meet retailers meet etc.
G). TRADE JOURNAL AND MAGAZINES
A variety of nationals, international and adhesive tapes journals are
published which has reader area appeal. Colored pictures seen attractive
and its published record of the kind of the campaign prepared and can be
improved upon next time e.g. Business India.
H). SAMPLESSamples are a free distribution of an item in an attempt to obtain
customer acceptance. They are distributed to the customer on trial basis.
It is especially useful in promoting new product. Shree Krishna Packwell
Industries to some extent is following techniques of sales promotion.
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SALES PROMOTION CONCEPT
Every business aims at maximizing of profits in the long run or in short
run. Promotion is one of the tools to do it. Promotion has the function to
inform to persuade and to remind. Sales promotion is that element of
promotion mix, which does persuasive function more emphatically.
Sale promotion refers to those marketing activities other than
personal selling, advertising and publicity, that stimulate consumer
purchasing and dealer effectiveness such as displays shows and
expositions, demonstration and various non current selling efforts,
not in the ordinary routine.
In the words of ROGER A. STRONG
Sales promotion as All form of sponsored communication from the
activities associated with personal selling. It thus includes trade shows
and exhibitions, couponing and sampling, premiums, trade allowances,
sales an dealer incentive, cent off packs, consumers education and
demonstration activities, rebate, bonus packs, point of purchase material
and direct mail.
Advertising, sales promotion and personal selling all are the tools of
promotion and are very much interested and supplemented the efforts of
each other.
To push up sales promotion is very necessary activity. The sales
promotion technique depends upon many factors.
* Total use
* Product range
* Individual sale of different product
* Field of the sales etc.
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TOOLS AND TECHNIQUES OF SALES PROMOTION
For the maker resorting to sales promotion, a variety of tools and
techniques are available.
1. Sale promotion letters.
Sales promotion letters are sent to salesmen, dealers,
distributor and consumers and it serves the following
purpose:
Give information about companys product
As reminders for customers to buy a particular brand.
Seek information from customer about their purchase.
2. Catalogues
Catalogues carry essential informations on the product offered by
the company. Well-designed catalogues give information relating to
product their pictures size, specification, color, packing, use and price.
Some deluxe catalogues are also prepared for special clientele. The
products are proper listed an indexed to facilities order booking and
processing.
3. Telephonic sales promotion
Telephonic sales promotion is one of the
important methods of series promotion. It helps
in the following ways
Providing information about new
launched product.
Keeping contacts with regular customers.
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4. Demonstrations
Companies resort to produce demonstration
for sales, promotion especially when they are coming
up with a new product. Computer demonstration can
be given at retail stores or in school or college or
through door-to door demonstration.
5. Trade fair and exhibition
Trade fairs and exhibitions provide
companies with the opportunity of introducing and
displaying their products. This brings the
companies product and the customer in direct
contact with each other. Seeing in believing in a
concept behind large-scale exhibitions.
1. Free samples of the product
Free samples offered to persuade the customer to try them out. By
offering free samples to large section of new market, a company tries to
gain entry into the market.
7. Gifts
Companies distribute gifts to people, customersdealers and influential key people. These gifts are intended
to create goodwill towards the company an indirect promote
the companys sales interest.
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PLANNING FOR SALES PROGRAMME
1. PLANNING FOR SALES PROMOTION PROGRAMME
Defining the sales target
Setting sales promotion objective
Setting the sales promotion budget
Development the sales promotion strategy
Selecting type of sales
Coordinating plan
Evaluating sales promotion effective
The approach of sales promotion evaluation involves measuring the
performance.
Before, during and after the sales promotion efforts. The approach to
sales promotion evaluation includes consumer panels, consumer surveys
and experience and includes measuring the percentage of target audience
that was reached.
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2. MARKETING SCENARIO OF SHREE KRISHNA PACKWELL
INDSUSTRIES
Shree Krishna Packwell Industries has distributed its market area almost all
over world. There are various head office and branch office are being
establish to increase their sales and market. Shree Krishna Packwell
Industries has adopted various type of marketing strategy, which involves
the movement of goods from producers to ultimate consumers.
NEW OR MODERN APPROACH TO MARKETING
The Shree Krishna Packwell Industries has adopted new and modern
approach to recognize that marketing. The needs of the customer has been
identified studied and analyzed and the business activities are so directed
that the needs of the customers be fulfilled to their satisfaction. Thus,
according to new approach ofShree Krishna Packwell Industries marketing
involves all efforts to create customers for the product and provide
maximum satisfaction to them. The approach to marketing of Shree
Krishna Packwell Industries can be depicted as: -
Marketing structure ofShree Krishna Packwell Industries is not only limited
to India only but also to the foreign country. Trade of the Shree Krishna
Packwell Industries is being divided into two parts
CUSTOMER NEEDS INTEGRATED MARKETING MAXIMIZATION
O
F
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Shree Krishna Packwell Industries is adopting the balancing act between the
customers and organizational goals. There is a link between the suppliers
and the customers so those customers express their needs and wants.
Organization is gaining too because of the correct marketing policy
and strategy. However this customer is king approach to be balanced to
make sure that king doesnt turn tyrant.
TRADE
Im ort Ex ort
Importing Countries
1. Saudi Arabia
2. Australia
3. Singapore
4. Thailand
5. Malaysia
Exporting Countries
1. Middle east: Bahrain
UAI, Iran, Kuwait,
Qatar
2. Europe : Germany
3. Other : Australia
Nepal, and Srilanka
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3. PROCESS OF ORDER EXECUTION
Accepting of order
Copies of order send to head office
Execution of order
Preparation of order acknowledgment
Issue of material requisition slip to store department
Packing of production with private marketing
Dispatched to authorized dealer
4. DELIVERY MODES
Movements of goods from dealers to customers is known as Physical
distribution. Transport is the only physical mean where by goods are
moved from one place to another i.e. from the place of production to the
place of its consumption. The mode of transportation in Shree Krishna
Packwell Industries is for i.e. free on rail or free on road. During the
formulation of invoice slip foreign charges are calculated for the city of
the dealer and this amount is deducted from the total the total amount
payable by the dealer. As the transportation cost is borne by the dealer do
not have to worry about the extra transport cost. In this way this mode or
this process helps Shree Krishna Packwell Industries to travel their
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products all over the country rather than just being centralized at one
place.
5. DOCUMENTATION
There are some important documents of which the company has to make
records. So the company prepares the documents of various concerned
bills and papers for keeping a record of the order and then to collect the
payment. Following are the documents, which Shree Krishna Packwell
Industries is maintaining.
1). ORDER ACKNOWLEDGEMENT2). PERFORMANCE INVOICE
3). INVOICE SLIP
4). MATERAL REQUISITION SLIP
5). BANK COVERING LETTERS
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SALES PROMOTION POLICY OF
SHREE KRISHNA PACKWELL INDS.
Shree Krishna Packwell Industries is very much alert the sales position of
their authorized dealers and their products. To promote their sales they
are trying best to adopt sales promotional techniques.
Following sales promotion Shree Krishna Packwell Industries has
successfully implemented activities.
1). To provide incentive on domestic on domestic product in form of
credit notes on achievement of certain targets to the authorized
distributors.
2). On the achievement of certain target concern provide the Ads with
cars. This scheme is applicable where there is a need to promote
sales.
3). Company is having a scheme for users in which a coupon of Rs. 10
& Rs. 5 is provided in pack of some products.
4). Materials are send to the end clients to update product range as per
the mailing list to make the aware and hence promoting sales.
5). Induced letter also sends to the end clients and to the dealers also
for providing them with updations or innovations in the products
and concern.
6). Company for marketing staff to concentrate on target figure.
7). After sales service programmer such as
a). Timely supply of goods
b). Fast transportation facility
c). Good packing
d). Credit facilities to the authorized distributor.
e). Target oriented incentive.
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f). Attractive cash discount and trade discount as applicable in
Trade
g). Regular visits of the sales staff of the trader/ authorized
distributor and try best to remove all practical problems.
h). Insuring timely replacement of defective products.
i). Technical engineers go on the spot to check defect in goods.
Another sales promotion activities followed by the company
are:
Authorized distributor award function
Complimentary gifts items like bags, handy purse etc.
New letter
Technical literature
New year greetings cards
Press release
Corporate catalogues
Public catalogues
Review meeting of field staff periodically so as to settle all
pending matters related to authorized distributor concerned
quickly. The systematic and well-planned procedure for
handling of complaints of product sold. They considered transit
damage complaint of authorized distributor, so that nobody to
verify the technical complaints and corrective action is taken by
arranging joint meeting of production people.
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SALES PROMOTION STRATEGY
Full range of products:
In order to cater to the demand of the demand of the market the
business house has introduced a wide variety of products in full range.
Timely supply:
Timely supply of goods is an important factor of companys
strategy which leads to increased sales.
Competitive price:
In the present competitive scenario only that products seems to
survive which offers high quality goods at reasonable price.
Qualitative approach:
Todays customer is a quality conscious and demand high quality
goods. The quality policy of the concern is ISO certified which speak
highly of its World Class Quality.
Training of latest Technology
From time to time employees are exposed to latest prevailing
technology and practices so that they remain competent to the market
environment.
Effective marketing:
Advertisement is the most popular techniques of sales promotion.
Launching of new product and creating a success story majority depends
upon effective marketing advertising campaign.
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Personal Contacts:
Personal contacts in and outside the industry has helped Shree
Krishna Packwell Industries make rapid strides in the electrical good
market.
After sales service
Goods after sales service are the plus points of any concern. To
keep the customers satisfied long after the product has been sold is useful
for the concern in the long run.
Publicity:
It has always been Shree Krishna Packwell Industries key policy to
publicize its products from the awareness of the consumers.
Flexible structure:
Flexible structure has helped Shree Krishna Packwell Industries to
upkeep its products according to changing requirement and market
conditions.
Adoption to new technology:
Regular search in order to offer consumer better service and product hasalways on of Shree Krishna Packwell Industries strategy. Research and
development has helped it to grow day to day.
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MARKETING AND SALE POLICY
Shree Krishna Packwell Industries has 750 authorized distributor that
are selling their products. To promote this selling process the company
has formulated a policy. In this way company is trying to capture the
market. Following are the important constituents of the marketing and
sales policy of Shree Krishna Packwell Industries of year 2009-10
1). PRODUCTS
The policy following covers the products manufactured and market
b the company.
Drywall tape Double sided sealing tape Cello tape
Glass fabric Luxor tape Adhesive tape
Afac 1 tape Coloured tapes
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2). M.R.P.
The discounts applicable on different products groups that are indicated
on the target format enclosed.
The price discount is inclusive of excise duty at the prevailing rate but
exclusive of CST. The trade discounts are subject to change during the
year without prior intimation, however suitable time frame up to 2 weeks
may be considered whenever appropriate case a dealer does not take
delivery of goods from transporter will also have to be borne by the
dealer.
3). TRADE DISCOUNT
Trade discount, applicable on different products groups that are
indicated on the target format enclosed.
The price after discount is inclusive of excise duty at the prevailing
rate but exclusive of CST. The trade discount are subject to change
during the year without prior intimation, however suitable time frame up
to 2 weeks may be considered whenever appropriate.
4). INVOCING
The company reserves the right to combine several pending orders
of a dealer in one invoice. As per company norms each invoice should be
of minimum Rs. 10,000/-- to justify the cost processing / handling.
5). SALES TAX
Sales tax will be charged extra in the entire invoice at prevailing
rates as applicable at the time of dispatch. Dealers are requested to place
all orders on CST basis on company depot wherever applicable.
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In case dispatches are on CST basis, the dealer has to provide his CST
number and provide the c form in advance. In case c form is not
received in time the company will have no option but to debit the sales
tax differential amount to dealers account. For new dealers, c form
along with order is request.
6). FREIGHT
All freight for dispatch through road transport to dealers will be
paid by company on behalf of dealer subject to the order/ invoice value
being minimum RS, 10, 000/-. In case of dispatch required by air /
surface courier, the differential freight will have to be borne by the dealer.
In their own interest, dealer are requested to acknowledged receipt of
correct material as per invoice by singing and all invoices for local
delivery.
7). INSURANCE
All good dispatched by the company are covered under order
Marine Declaration policy. In case of open or damaged delivery for
outstation dispatches, dealers are requested to take open delivery and
specify the same on LR and take a shortage certificate from the
transporter. All the documents are to send to the originating depot within
30 days to enable the company to lodge an insurance claim.
8). OCTROI / DEMURRAGE
Octroi wherever applicable during transit from Company depot to
dealers Godown, will have to be borne / paid by the dealer. Demurrage if
applicable in case a dealer does not take delivery of goods from transport
will also have to be borne by the dealer.
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9). CREDIT LIMIT
In certain case, at its direction, company may extend credit period of
30/40 days to select Ads. In line with general policy of our company, the
credit limit of such individual dealer is calculated as average of last 3
months al product net sale multiplied by 2 (if 3 month sale is Rs. 15 lakh
before sale tax, the credit limit will be Rs. 10L.) The limit indicates the
permissible outstanding (due + not due amounts) at any time. The
company reserves the right to hold further dispatched in case the credit
limit is exceeded. The company also reserves the right to alter these credit
limit norms without any notice.
10). PAYMENT
All payment dates are to be taken from date of invoice and not date of
receipt of goods by the dealer. The date of Cheque deposit (DOD) is the
criteria of payment and not date of receipt of Cheque.
Wherever company extends credit company terms-for payment made
beyond 45 days, Company reserves the right to charge interest for the
delayed period from 46th day @ 18 % per annum.
All payment is to be made in chronological order of invoices i.e. in date
wise sequence.
11). DESPATCHESThe company has 12 depots at present at the locations given below:
South : Chennai, Bangalore, Hyderabad, Kochi
North : Jalandhar, Delhi, Kanpur, Indore, Jaipur,
Kundli (Haryana)
East : Kolkata (Consignment Sales Agents)
West : Mumbai (Bhilwadi), Ahamdabad (Sarkhej)
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TABLE: - 5.1 DISCOUNT RATES
QUARTERS TARGETS TO ACHIEVE
1. April-June 20 %2. July-September 25 %
3. October-December 25 %
4. January-March 30 %
DATA ANALYSIS ON ADVERTISEMENT & SALES
PROMOTION
This is the study based on customers views related to
ADVERTISEMENT AND SALES PROMOTION activities of the
company. These activities affect the sales of company. Increase in
expenses on these activities increases the sales and decrease in expenses
on these decrease the sales of company. In the customer side these
activities also help them to know more about the product and quality.
Advertisement and sales promotion plays very important role for
the customers and company.
In order to calculate Customer Satisfaction Index Shree Krishna
Packwell Industries got a questionnaire form filled from 30 valued
customers. They are invited suggestions from their customers regarding
area of improvement. On the basis of their survey, I have made the
following analysis with respect to each parameter separately and finally. Ihave made a compressive study of the performance rating of all the
parameters.
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1. Customers awareness about the products of Shree
Krishna Packwell Industries:
All the customers of the company know everything about product. Ingetting information about product from advertisement and sales activities.
Table 4.1
Yes 100 %
No 0 %
INTERPRETATION
In order to calculate the customer satisfaction index, Shree Krishna
Packwell Industries got a questionnaire form filled from 30 valued
customers. And all of then well aware about the products ofShree Krishna
Packwell Industries.
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2. Sources from which they get information.
They get whole information through advertisement, dealers, etc. So,
advertisement and sales promotion plays important role for providing
product information.
Table 4.2
Advertisement 23 %
Dealer 47 %
Electrician 30 %
INTERPRETATION
The analysis shows that majority of the customers got information about
the products ofShree Krishna Packwell Industries from their Dealer 23 %
of customers got information through advertisement and 47 % and 30 %
of customers get information through dealers and electricians
respectively.
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3. Satisfaction regarding the quality policy of the standard
product.
Most of the people are satisfied regarding the quality of product
because they get what they know through advertisement and salesmen.
No case of misleading the customer comes forward in survey.
Table 4.3
Performance Percentage (%)
Excellent 27 %
Very good 10 %
Good 47 %
Fair 13 %Poor 3 %
INTERPRETATION
The analysis of the quality policy shows that majority of their customers
rated the quality of their products to be good and only a nominal of them
were unsatisfied with their quality performance 27 % of the customers
ranked it as excellent 10 % customers are very much satisfied towards
quality and ranked it as very good. 47 % of customers ranked it as good
13 % of customers ranked it as fair and only 3 % of customers are not
satisfied with the quality policy and ranked it poor.
4. Customer opinion regarding the delivery parameter.
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Regarding the delivery parameter half of the customers are
satisfied with the company. Dissatisfaction of customers may arise
through delay in production or any other reason.
Table 4.4
Performance Percentage (%)
Excellent 7 %
Very good 7 %
Good 36 %
Fair 30 %
Poor 20 %
INTERPRETATION
The analysis of this parameter shows that almost half the customer were
satisfied regarding the delivery aspects and other half were not satisfied
with the delivery facilities provided by Shree Krishna Packwell Industries 7
% of the customers ranked as excellent 7 % customers are very much
satisfied towards quality and ranked as good. 30 % of customers ranked
as fair 20 % of customers are not satisfied with the delivery parameter
and ranked as poor.
5. Satisfaction regarding the price policy of the standards
products
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Price policy of the Shree Krishna Packwell Industries satisfied most
of the customers. Most of them are agree with the pricing policy.
Table 4.5
Performance Percentage (%)
Excellent 13 %
Very good 7 %
Good 13 %
Fair 47 %
Poor 20 %
INTERPRETATION
This analysis of price policy shows that most of the customer responded
the pricing policy of the concern to be fair and 13 % of the customer
ranked as excellent 7 % customer are very much satisfied towards price
and ranked are very good. 13 % of customer ranked as good 47 % of
customer ranked as fair 20 % of customer are not satisfied with the price
policy and ranked as poor.
6. Satisfaction regarding new products or technologies.
Many customers are interested in new products of the companybecause new products provide them more facilities.
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Table 4.6
Performance Percentage (%)
Excellent 13 %
Very good 14 %
Good 47 %
Fair 23 %
Poor 3 %
INTERPRETATION
The analysis of this parameter shows that the majority of the customer
fovoured the response criteria of the concern to be good only a few ones
were unsatisfied, 13 % of the customers ranked as excellent 14 %
customers are very much satisfied towards response and ranked as very
good 47 % of customers ranked as good. 23 % of customers ranked as
fair 3 % of customers are not satisfied with the response parameter and
ranked as poor.
7. Reasons for prefer the products of Shree Krishna Packwell
Industries.
They prefer products ofShree Krishna Packwell Industries because of
its quality, price, delivery mode etc. But most of them givespreference to quality.
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Table 4.7
Quality 40 %
Delivery 13 %
Price 17 %
Response 30 %
INTERPRETATION
Majority of the customers prefer the products of Shree Krishna Packwell
Industries because of good quality of the products but pricing policy needssome modification. 40 % of the customer prefer Shree Krishna Packwell
Industries products because of high quality 13 % prefer due to price 17%
due to easy adaptability and 30 % due to previous usages.
8. Customers of Shree Krishna Packwell Industries
Customers ofShree Krishna Packwell Industries increase day by day.
Quality designs, and price of their product increases the demand.
Table 4.8
Less than 6 months 23 %
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6 months to 1 year 20 %
1 year to 2 years 17 %
2 years to 3 years 17 %
Above 3 years 23 %
INTERPRETATION
23 % of customer are using the products of Shree Krishna Packwell
Industries for less than 6 months. 20 % for 6 months to 1 year 17 % are
using the products of Shree Krishna Packwell Industries for 1 year to 2years. 17 % from 2 to 3 years and 23 % of them are using the products for
above 3 years due to trust in quality.
9. Customers wish to buy the product of Shree Krishna Packwell
Industries in future
In future half of the customers are agree to by product of that
company. To increase more customers, company must improve their
technology and quality.
Table 4.9
Yes 44 %
No 33 %Cant say 23 %
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INTERPRETATION
Majority of the customer prefer to buy the product of S.K.P.I in future 44
% of the customer would like to buy the product of S.K.P.I in future 33 %
of the customer would no like to buy the products of S.K.P.I in future due
to certain reasons. 23 % of the customer are not sure whether they will
purchase products of S.K.P.I in future or not.
10. Reasons for switch over to another brand
Customers have many reasons to go to another brand. They canshift to another brand because of their friends, gifts, discount, low price
etc.
Table 4.10
Friends experience with new brand 10 %
Impressed by ad new brand 10 %
Free gift discount schemes 20 %
Low price of new brand 30 %
Just for a change 30 %
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INTERPRETATION :
Out of 10 customer, who do not wish to buy the products ofShree Krishna
Packwell Industries in future, 10 % of them want to switch over to another
brand because of their friends experience with new brand 10 % are
impressed by ad of new brand. 20 % and 30 % of them are attracted
towards free gift discount schemes and low price of new brand
respectively. And 30 % of them want to switch over to another brand just
for a change.
Such an analysis helped me a lot in having a better insight to the
companys affairs regarding ADVERTISEMENT AND SALES
PROMOTION activities. Suggestions which are invited from thecustomers are as follows: -
1.Centers should be open in rural and backward areas.
2.There should be regular follow up of permanent customer. Timely
reply should be given to the enquires and customer complaints.
3.All the medium of advertisement should be adopted to increase the
sales.
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4.Policy regarding price should be adopted so that all people can take
the advantage of the Standard products.
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Findings andSuggestions
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SUGGESTIONS
Shree Krishna Packwell Industries is very good, big and successful
company. It is progressing by leaps and bounds. Its turnover increase year
by year which results in strengths, its turnover increase year by year
which results in strengths, its hard working people, strict quality control,
clear objective and continue product improvement.
From survey it has become clear that there are some problems
which can be handled easily, if a little bit of care is taken.
Certain suggestion and recommendations which might be useful in
order to promote the sales.
1. The suggestion of the people which they gave us during survey should
be think, analyses and implemented properly.
2. Proper eye should be kept on the authorized dealers and also on their
preference for selling the product.
3. Some schemes for ads should be introduced so that they can prefer
Shree Krishna Packwell Industries product. They must aware about the
quality of the product.
4. After sales service should not be delayed.
5. The transportation of goods not be delayed. As a customer will get
agitated and will not do the mistake of ordering again. Timely supply
is necessary for retaining customer because where comparisons takes
place then at that time consumers will differentiate even a single point
also.
6. Company should adopt the policy lowering the price of their product.
7. Company should improve the quality of their material and the size of
the product should be compact as much as possible.
8. There should be regular follow up of permanent customer. Timely
reply should be given to the enquires and customers complaints.
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9. Company should conduct meetings in the backward areas where the
most of the people are unaware.
10. Company should provide price list of their products within the
packing of the products so that people can know about the prices.
11.Shree Krishna Packwell Industries should get ideas from their workers
and then implement them for the success of the company.
From the survey it has analyzed that the areas which needs a lot of
awareness regarding the Shree Krishna Packwell Industries products. Most
of the people have listened about the Shree Krishna Packwell Industries
name. So it is suggested to promote salesman ship in those areas with the
help of more and people will become aware. It will prove to be a very
effective.
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CONCLUSION
Shree Krishna Packwell Industries is big and popular company. It is scaling
new heights of expectance. The company is started in 2002 and from
there it is trying to reach the heights of excellence. I come to know about
the achievement form company profile where all the departments of the
company is mentioned and environment of the concern is also depicted
from there. Categorization of product is given so to know the details ofthe product range.
In advertisement policy ofShree Krishna Packwell Industries all the
medias of advertisement is mentioned which are company is adopting to
aware the people and to increase the sales. In market scenario the
approaches to marketing are mentioned and the whole procedure of order
execution is mentioned so that methods of reaching of customers can be
known.
All the activities of the sales promotion policy of Shree Krishna
Packwell Industries which shows the companys secret of success. Sales
promotion strategy shows all the feature of the marketing. Marketing an
sales policy of Shree Krishna Packwell Industries include all the current
year policy criteria to achieve the target goals.
Data analysis of Shree Krishna Packwell Industries include the last
five years advertisement, sales promotion and sales figures. Trends is
being calculated and given in graphical form and comparative study of
the charts is done. Customers satisfaction index shows the customers
view regarding the quality, price response, and delivery parameters.
At last the observation and suggestion are given so that company is
being able to overcome its deficiencies.
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Bibliogra
phy
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BOOKS
Aggarwal P.K. Marketing Management, Pragati Prakashan, 2005 Vol. IV
Chunawalla S.A. Advertising Sales and Promotion Management, Himalaya
Publishing House, 2006, New Delhi
Kotler Philip, Marketing Management, Prentice Hall of India Pvt. Ltd,
2001
Sontakki C.N., Advertising and Sales Management, Kalyani Publishers,
2003, New Delhi
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Questionnaire
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QUESTIONNAIRE
Ques 1. Are you aware about the products of Shree Krishna Packwell
Industries?
Yes No
Ques. 2 From which source you get the information about Shree Krishna
Packwell Industries Product?
Advertisement
Dealer
Electrician
Ques 3.Are you satisfied regarding the quality policy of the Shree Krishna
Packwell Industries product?
Yes No
Ques 4. What are your opinion regarding the delivery parameter ?
Excellent Very good Good
Fair Poor
Ques 5. Are you satisfied regarding the price policy of the Shree Krishna
Packwell Industries products?
Yes No
Ques 6. Are you satisfied with the new products and technology of the
company?
Yes No
Ques 7. Which of the following reasons make you to prefer the products of
Shree Krishna Packwell Industries?Delivery Price Response
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Ques 8. For how long you have been using the products of Shree Krishna
Packwell Industries?
Less than 6 months 6 months to 1 year
1 year to 2 years 2 years to 3 years
Above 3 years
Ques 9.Do you wish to buy the product of Shree Krishna Packwell Industries in
future?
Yes No Cant say
Ques 10. If no, why do you want to switch over to another brand?
Friends experience with new brand Impressed by ad new brand
Free gift discount schemes Low price of new brand
Just for a change