Day An and
Day An and
Day An and
ON
NIMT BUSINESS
SCHOOL Academic session (2009-2011)
Submitted By:
DAYANAND YADAV
PGDBM (2009-2011)
1
ACKNOWLEDGEMENT
DAYANAND YADAV
2
PREFACE
Someone has rightly said that practical experience is far better and closer to
the real world than mere theoretical exposure. The practical experience helps
the student to view the real business world closely, which in turn widely
influences his/her perceptions and understanding of the real situation.
Research work constitutes the backbone of any management education
program. A management student has to do research work quite frequently
during his entire life span.
The research work entitled “Brand Awareness And Preference of vending
machine and AV solution Regarding Godrej” aims to know customer
awareness regarding Godrej and the products offered by it.
The present report is a part of the project that contains the work done by me
during the training period at Godrej & Boyce Mfg. Co. Ltd. JAIPUR .
True to the core, a properly and executed industrial training helps a lot in
providing linkage between the student and the industry. It develops the
awareness of industrial approach to problem solving based on a board
understanding of the mode of operation of industrial organization.
This project has offered me an opportunity to put all my efforts and the
theoretical knowledge to practice and enhance my knowledge, and at the
same time, given me practical experience in the field of marketing. It is
surely going to help me in my future projects too. In the preparation of this
report, I have made every effort to ensure that all steps involved in
development of this project are adequately covered and the report be
completed in it.
Any suggestions for improvement, if rendered, will be gratefully accepted.
I sincerely hope that this project will prove pure knowledge imparting, through
provoking and thus stimulating future research work on these guideline.
3
DECLARATION
I, Dayanand Yadav, hereby declare that the project entitled “Study of Brand
Awareness of Godrej Vending Machines and Audio- visual Solution ” has
been personally done by me under the guidance of Mr. Vikas Srivastava
(Branch Head, Prima Division, G&B Mfg. Ltd.), Jaipur in partial fulfillment
of Post Graduation Program- during academic year-2009-11. All the data
represented in this project is true & correct to the best of my knowledge &
belief. This work has not been submitted for any other degree / diploma
exam elsewhere.
4
Executive Summary
To find out the existing market potential and forecast future demand.
5
Phase 3 – Analysis of Data Collected
After analyzing the data I came to know about the Strength & Weaknesses
of Vending Machine and Audio Visual Solution as well as Threats &
Opportunities to the Company
6
CONTENTS
Page No
S No
From To
Particular
1 Company Profile
8 36
2 Project Profile 37 42
3 Product profile 43 55
71 71
5 Fact & Findings
6 Suggestions 72 72
7 RECOMMENDATION 73 73
8 Limitation 74 74
9 Conclusion 75 75
10 Annexure 76 79
11 Bibliography 80 80
7
COMPANY PROFILE
INTRODUCTION OF GODREJ
Chairman’s Message:-
On 7th May, 1897, Ardershir Godrej gave up law and took up lock making.
Godrej and Boyce Mfg. Co. Ltd., was established at Lalbaug, Mumbai. This
was the holding company of the Godrej Group. On 3rd March, 1932, it was
incorporated with limited liability. Even though Boyce was a business
8
partner for a limited period only, his name was retained for legal
purposes.To know more about Godrej & Boyce Mfg. Co. Ltd.
The Godrej Name displaced well established foreign brands from the Indian
market. The name 'Godrej' engraved into the shiny metal of the Godrej
Locks came to be known as a symbol of self reliance, trust-worthiness,
assertiveness and progressiveness for a new generation of Indians.
Ardeshir Godrej's relentless quest of self-reliance made him explore newer
avenues of opportunities. Manufacturing Soap was one of them. In the year
1918, Godrej Soaps Limited came into being. In
1920, he revolutionized the Soap industry by manufacturing the first toilet
soap purely from vegetable oils. Before that, animal fat was used in soap
manufacture. For his achievement, Ardeshir Godrej was bestowed with
praises from India and from foreign lands too
Pirojsha Godrej
(1882-1972)
. Pirojsha Godrej laid the foundations for a throbbing enterprise at a
sprawling industrial garden township outside Mumbai. It was here that the
Godrej vision took concrete shape. In later years, its extent and scope was
expanded greatly by his sons – Burjorji and Naoroji. To this day, products
that compete with the best in the world continue to emerge from the gates of
Pirojshanagar
Burjorji Godrej
(1915-1994)
Naoroji Godrej
(1916-1990)
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The Godrej name yields powerful influence even in today's rapidly
transforming social and economic environment
As it strides ahead confidently, discovering diverse new roles for itself, it
gives direction to others.
It is the bridge between the future and a hundred years of history. It is a
living code of ethics for Indian industry as it races ahead.
CORPORET PROFILE
10
History
The Company celebrated its centenary in 1997. In 1897 a young man named
Ardeshir Godrej gave up law and turned to lock making. Ardeshir went on to
make safes and security equipment of the highest order, and then stunned the
world by creating toilet soap from vegetable oil. His brother Pirojsha Godrej
carried Ardeshir's dream forward, leading Godrej towards becoming a
vibrant, multi-business enterprise. Pirojsha laid the foundation for the
sprawling industrial garden township (ISO 14001-certified) now called
Pirojshanagar in the suburbs of Mumbai. Godrej touches the lives of
millions of Indians every day. To them, it is a symbol of enduring ideals in a
changing world.
Incorporation
Established in 1897, the Company was incorporated with limited liability on
March 3, 1932, under the Indian Companies Act, 1913.
GODREJ GROUP
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Godrej is not an individual Co. But it is a group of companies. Godrej today
is one of the largest engineering and consumer products company in the
country having varied interests from engineering to personal care products
with a total sales turnover of about Rs.5000 Cr. (US $ 1.1 Billion.) It is also
one of the most respected corporate houses known for its philanthropy and
initiation of labour reforms besides being recognized for its values of fair,
transparent and ethical dealings.
GODREJ
GODREJ
GODREJ
GODREJ & GODREJ CONSUMER
PROPERTIES
BOYCE INDUSTRIES PRODUCT
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Godrej & Boyce
From locks to aerospace, furniture to construction, appliances to custom-
built critical equipment, and several more, Godrej & Boyce has a diverse
range of products and services.
Godrej Industries
India's leading manufacturer of oleochemicals making more than a hundred
chemicals for use in over two dozen industries. Its products also include
edible oils, vanaspati and bakery fats.
Godrej Properties
One of India’s leading real estate development companies focusing on
residential, commercial and township development.
13
Godrej Consumer Products
A major player in the Indian FMCG market with leadership in personal care,
hair care, household care and fabric care segments.
Godrej Hershey
A joint venture between the Hershey Company, USA and the Godrej group,
it is one of India's leading businesses operating in Food and Beverages
segment.
14
Godrej Agrovet
Diversified agribusiness company with interests in animal feed, oil palm
plantations, agro chemicals and poultry. It is india’s largest animal feed
company.
Other Companies
Godrej Infotech
Geometric
International Operations
15
BOARD OF DIRECTOR
Jamshyd Godrej
Jamshyd Godrej is the Chairman of the Board of Godrej & Boyce Mfg. Co.
Ltd. He graduated in Mechanical Engineering from Illinois Institute of
Technology, USA.
Jamshyd is the Chairman of Aspen Institute – India. He is the Vice President
of World Wide Fund for Nature – International and is a Trustee and
President Emeritus of World Wide Fund for Nature – India. He is a Director
of World Resources Institute, USA; and a Director of Climate Works
Foundation, USA. He is the Past President of Confederation of Indian
Industry and also the Past President of the Indian Machine Tool
Manufacturers’ Association.
Jamshyd is the Chairman of the CII Sohrabji Godrej Green Business Centre.
The Centre is housed in a LEED Platinum demonstration building which is
the first green building in India and the greenest building in the world at the
time when it was rated. The Green Business Centre is a Centre of Excellence
for green buildings, energy, energy conservation, non-conventional energy
sources, water policy, water conservation etc.
Godrej and Boyce Mfg. Co. Ltd. manufactures and markets refrigerators;
washing machines; air conditioners; office furniture; home furniture;
security equipment for banks (such as safes, strong room doors, bank
lockers, etc.) and for commercial establishments and homes; locks and
latches, forklift trucks and warehousing equipment; process equipment for
chemical, petrochemical, refineries and allied industries; precision tools for
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sheet metal, zinc, aluminum and thermoplastics; real estate development.
Adi Godrej
Adi Godrej is the Chairman of the Godrej Group and several entities that are
part of one of India’s leading conglomerates. These include Indian
companies like Godrej Industries, Godrej Consumer Products, Godrej
Properties as well as international companies such as Keyline Brands U.K
and Rapidol South Africa. He is also Chairman and Managing Director,
Godrej Household Products (formerly known as Godrej Sara Lee). In his
capacity as Chairman, he also presides over the Group’s joint venture
company Godrej Hershey. He is also the Chairman of The Board of Trustees
of the Dadabhai Naoroji Memorial Prize Fund.
As a Director of numerous firms, including Godrej & Boyce, Godrej
Agrovet, Godrej International and Godrej Global MidEast FZE he is
responsible for shaping the long term strategy for these organizations and
driving a focus on value creation.
Over the last five decades Adi has played an important role in the
development of a variety of industries by leading key organizations of trade
and commerce as the former Chairman and President of the Indian Soap &
17
Toiletries Makers’ Association, the Central Organisation for Oil Industry
and Trade, the Solvent Extractors’ Association of India, the Compound
Livestock Feeds Manufacturers’ Association, the Indo-American Society
and as member of the Governing Board of the National Council of the
Confederation of Indian Industry.
Adi has also participated actively in the field of management education as a
former Chairman of the Governing Council of the Narsee Monjee Institute
of Management Studies, as a former member of the Dean’s Advisory
Council of the MIT Sloan School of Management and the Wharton Asian
Executive Board. Adi is a member of Tau Beta Pi (The Engineering Honor
Society) and also serves as a member of the Governing Board of the Indian
School of Business.
For his contribution to Indian industry Adi has been the recipient of several
awards and recognitions including the Rajiv Gandhi Award 2002.
Adi received his undergraduate and Master’s degree in management from
the Massachusetts Institute of Technology. He lives in Mumbai, India. Adi is
married, and has three children and two grandchildren
Nadir Godrej
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With his tremendous experience and expertise Nadir has also contributed to
the development of a variety of industries by participating keenly in industry
bodies such as the Compound Livestock Feed Manufacturers Association of
India, Indian Chemical Manufacturers Association and Oil Technologists’
Association of India.
Currently, Nadir is the President of the Indo French Technical Association
and the Alliance Francaise Mumbai. For his contribution to Indo-French
relations, the French Government has honored Mr.Godrej with the awards of
“Chevalier de L’Ordre National due Merite” and “The National Order of the
Legion of Honour”.
A Bachelor of Chemical Engineering from the Massachusetts Institute of
Technology and a Master of Chemical Engineering from Stanford
University, Nadir has also done his MBA from the Harvard Business
School. He lives in Mumbai, India with his wife and three children.
Kavas Petigara
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Vijay Crishna
Vijay is also a Director of Godrej Industries Ltd., Godrej Agrovet Ltd. and
Precision Wires India Ltd. He serves as a Trustee of the Bombay Scottish
Orphanage Society and is a member of the Advisory Board of the Institute
for Technology and Management, Navi Mumbai, the President’s
International Advisory Board Colorado College and on the Advisory Panel
of the New Zealand Trade and Enterprise Beachhead Programme.
In 1991, Vijay established the Naoroji Godrej Centre for Plant Research at
Shindewadi, Satara District, which researches and propagates rare and
endangered species of medicinal plants endemic to the Western Ghats.
A Life Member of The Himalayan Club since 1973 - and now its Honorary
Secretary – he has trekked in the Garhwal, Sikkim, Ladakh, Nepal and Tibet.
He has been active in theatre since 1965 in Delhi, Kolkata and Mumbai.
His family comprises of his wife Smita and daughters Cyrille and Nyrika.
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Behram Hathikhanavala
Fali Sarkari
21
He is a Director on the Board of Godrej Industries Ltd. and Tropicana
Enterprises Ltd. He is a Trustee of Soonabai Pirojsha Godrej Foundation and
is also associated with several other Public Charitable Trusts.
Fali joined the Board on 13th January, 1998.
Phiroze Lam
Phiroze Lam is the Executive Director & President of the Company and has
been associated with the Company since 1975. Prior to joining Godrej, he
was a partner in the Solicitors firm of Payne & Co.
Phiroze holds Bachelor’s Degrees in Arts and Law from the University of
Bombay. He is also a qualified Solicitor.
Phiroze is also the Chairman of Godrej Efacec Automation & Robotics Ltd.,
and a Director of Mercury Mfg.Co.Ltd. He is also a Trustee of Pirojsha
Godrej Foundation.
Phiroze is in charge of the Consumer Appliances, Consumer Durables and
Industrial Products Businesses. He also heads the legal function of the
Company and brings with him considerable expertise and experience in
business strategy and management.
Phiroze joined the Board on 1st October, 2003.
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Kyamas Palia
Kyamas Palia is the Executive Director (Finance) of the Company and has
been associated with the Company since 1970.
Kyamas holds a Master’s Degree in Commerce and a Diploma in
Managerial Accounting from the Mumbai University, and a Ph.D. in
Business Administration from the Oklahoma State University, USA. He is a
Fellow of the Institute of Chartered Accountants of India, as well as the
Institute of Cost & Works Accountants of India. He has considerable
expertise in financial management, business strategy and corporate
governance.
Kyamas is also serving as a Director on the Board of the following
companies:
Geometric Limited, Godrej Efacec Automation & Robotics Ltd., Godrej
Infotech Ltd., Mercury Mfg. Co. Ltd. (Chairman), Arohan Trustee Co.
Private Limited and Godrej & Khimji (Middle East) LLC.
Kyamas is also a Trustee of Soonabai Pirojsha Godrej Foundation.
Kyamas joined the Board on 1st October, 2003.
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Pradip Shah
Pradip Shah started IndAsia, a corporate finance and private equity advisory
business, in April 1998. IndAsia entered into a joint venture with AMP in
2001 for the private equity business in India. Prior to starting IndAsia, he
helped establish the Indocean Fund in 1994 in association with affiliates of
Chase Capital Partners and Soros Fund Management.
Before starting Indocean, he was the founder Managing Director of The
Credit Rating Information Services of India Limited (CRISIL), India’s first
and largest credit rating agency. While at CRISIL, he was instrumental in
technology transfer to, and the training of personnel of, Rating Agency
Malaysia Berhad and The Israeli Securities Rating Company.
Pradip has been honored in Israel with a garden of a hundred trees in his
name.
Prior to founding CRISIL, he assisted in founding Housing Development
Finance Corporation (HDFC) in 1977. Before joining HDFC, he was a
Project Officer at ICICI Limited. Pradip has also served as a consultant to
USAID, the World Bank and the Asian Development Bank.
Pradip holds an MBA from Harvard Business School and a Bachelor of
Commerce degree from Sydenham College, Bombay. He is a qualified Cost
Accountant and ranked first in India in the Chartered Accountancy
examinations. He has written articles and given talks in India and in
Amsterdam, Abu Dhabi, Bahrain, Bangkok, Hong Kong, Istanbul,
Singapore, Kuala Lumpur, Jakarta, Shanghai, Bali, Colombo, Tel Aviv,
London, Washington, San Francisco, New York, Chicago, Boston, Perth,
Melbourne and Sydney on credit rating, housing finance, capital markets,
venture capital and other subjects.
Pradip is currently Chairman of Sonata Software Limited and of Shah Foods
Limited and a Director of Asset Reconstruction Company (India) Limited,
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BASF (India) Limited, Godrej & Boyce Mfg. Limited, Hardy Oil and Gas
Limited (U.K.), Grindwell Norton Limited, Panasonic Energy India
Company Limited, Patni Computer Systems Limited, Pfizer Limited, and
Wartsila India Limited amongst other companies. He is currently the
Chairman of the Capital Markets Committee of the Indian Merchants’
Chamber, member of the National Executive Committee of FICCI, was a
Director on the Western Region Board of the Reserve Bank of India, was the
first Chairman of the Confederation of Indian Industry’s Financial Sector
Committee, and has served as a member of the Finance Commission of the
State Government of Gujarat; of the Expert Group on Infrastructure
Financing appointed by the Government of India; of the Advisory Board of
the Bureau of State Public Enterprises, Government of Maharashtra; of the
CII National Task Force on Non-Performing Assets; of the SEBI Committee
on Venture Capital; of the SIDBI Working Group on Access to Capital
Markets for Small Industries; of the Expert Committee, Public Sector
Restructuring Programme, Government of Gujarat, and of the Gujarat
Infrastructure Development Board Task Force on Policy and
Implementation. He is also associated with several non-profit organizations
as Trustee/Governing Council Member.
Anita Ramachandran
Anita is one of the leading Human Resources Consultants in the country and
25
is well known for her work in Compensation and HR strategy. She earlier
had a twenty year career with A.F. Ferguson’s Management Consultancy
division, where she was a Director.
Anita is a MBA from Jamnalal Bajaj Institute, Mumbai and has won several
academic honours. She was a Dorab Tata scholar for 6 years.
She is also on the Board of several companies including HCL Infosystems,
UTI AMC and Geometric Software. She writes often in several business and
professional magazines. She has been a champion of various women’s
causes.
Anil Verma
26
Partnership (PPP) Mode formed under the aegises of the Planning
Commission, Government of India. He is also an invitee serving as an
Expert Member for the Selection Committee of IIT, Bombay.
Anil joined the Board on 1st October, 2008
Shareholders
Since its inception, the Company is controlled by the GODREJ family based
in Mumbai, India. Its shares are not listed on any Stock Exchange. About
one-fourth of the Company's share capital is held by Pirojsha Godrej
Foundation, a public charitable trust.
Corporate Timeline:-
27
· 2002 - Godrej Tea Limited was set up.
· 2003 - We entered the BPO solutions and services space with Godrej
Global Solutions Limited.
· 2006 - The foods business was merged with Godrej Tea and
Godrej Tea was renamed Godrej Beverages & Foods Limited.
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Mission & Vision:-
Mission:-
29
Values:-
• Commitment to Quality
• Customer Orientation
• Discipline
• Learning Organization
• Teamwork
• Trust
30
Milestones:-
The Godrej Name displaced well established foreign brands from the Indian
market. The name 'Godrej' engraved into the shiny metal of the Godrej
Locks came to be known as a symbol of self reliance, trust-worthiness,
assertiveness and progressiveness for a new generation of Indians.
31
Godrej & Boyce Mfg. Co. Ltd.
Introduction
In 1897 a young man named Ardeshir Godrej gave up law and turned to
lock-making. Ardeshir went on to make safes and security equipment of the
highest order, and then stunned the world by creating toilet soap from
vegetable oil. His brother Pirojsha Godrej carried Ardeshir's dream forward,
leading Godrej towards becoming a vibrant, multi-business enterprise.
Pirojsha laid the foundation for the sprawling industrial garden township
now called Pirojshanagar in the suburbs of Mumbai, where the Godrej
Group has its headquarters.
Godrej & Boyce Mfg. Co. Ltd., the holding company of the Godrej Group,
started its journey with the manufacture of high quality locks in 1897.
Today, we have 15 diverse business divisions offering consumer, office, and
industrial products and services of the highest quality to every corner of
India and across the globe.
We value integrity, trust, service and respect for individuals and for the
environment. We pride ourselves for being one of India’s most respected
corporate houses known for our philanthropy and initiation of labour
reforms besides being recognized for our fair, transparent and ethical
dealings. Our people are our assets who are groomed to deliver their best.
What makes us special? At Godrej, it’s more than a career. It’s an
opportunity to live your dreams and be part of a culture that nurtures
ambition, challenges and provides freedom to operate and express your
ideas.
The Godrej Group touches the lives of 400 million Indians who use at least
one of our products every single day. Our commitment to quality, attention
to detail and customer centricity has helped us earn the trust of generations
of Indians.
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Division of GODREJ & Boyce Mfg. Co. Ltd.
1. Appliances 10. AV Solutions (Prima)
9. Vending (Prima)
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Businesses
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Prima Office Equipment (ISO 9001)
Office Automation – Photocopiers, Fax, Multifunction devices and
Mechanical Typewriters (available in over thirty languages); Conferencing
Products and Solutions – Projectors, Video and Teleconferencing
Equipment, Plasma Displays and Electronic Printboards; Vending Machines.
Process Plant and Equipment (ISO 9001, ASME ‘U’, ‘U2’, ‘S’ and ‘R’
Stamps, SQL ‘M’ Stamp China)
Pressure Vessels, Columns, Reactors, Electro polished Reactors, Shell &
Tube Heat Exchangers, Trays, Tower Internals and other Custom-built
Fabrication.
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Construction and Real Estate (ISO 9001/14001)
Ready Mix Concrete, Construction Projects, Property Development,
Horticulture and Envirotech Services.
Electrical and Electronics (ISO 9001/14001)
Electrical Power Distribution System, Compressed Air Control System,
Electronic Technology Solution Energy Conservation, Electrical Contracts.
Location:-
EAST
WEST
NORTH
SOUTH
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PROJECT PROFILE
37
that the brand is a member of a particular product category. Examples of
such measures include:
Brand recognition - Either the brand name or both the brand name and
category name are presented to respondents.
Brand recall - The product category name is given to respondents who are
asked to recall as many brands as possible that are members of the category.
Top of mind brand awareness - As above, but only the first brand
recalled is recorded (also known as spontaneous brand recall).
The first objective of the survey was to create brand awareness of the
various product of conferencing and display solution in which Godrej and
Boyce Mfg. Co .Ltd the researcher provided information to the
respondents about the product and the brand , the respondents were made
38
aware that Godrej & Boyce Mfg. Co. Ltd. deal international brands of
conferencing and display solution.
CONSUMER RESEARCH:-
Consumer research describe the process and tools used to study
consumer behavior. There are two theoretical perspectives that guide the
development of consumer research methodology:
1) Positivist Approach
2) Interpretivist Approach
Quantitative research:-
Quantitative research is descriptive in nature and is used by
researchers to understand the effect of various promotional inputs on the
consumer, thus enabling marketers to “predict” consumer behavior. This
research approach is known as positivism, and consumer researchers
primarily concerned with the predicting consumer behavior are known as
positivists. The research methods used in positivist research are borrowed
primarily from the natural science and consist of experiments, survey
techniques, and observation. The findings are descriptive, empirical and if
collected randomly can be generalized to large population. Because the data
collected are quantitative, they lend themselves to sophisticated statical
analysis.
39
2) CONCEPTUAL FRAME WORK
VENDING MACHINE
Godrej has launched their wide range of Hot Beverage’s Digital
Vending Machines in NEEMRANA City. So, Firstly I was asked to do
marketing survey on the available products of the competitors to identify the
need of customers in the market. The Godrej has following models in their
Vending Machine’s product line:-
VENDING
MACHINE’S
Minifresh Minifresh
2CVM 3300 4400
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AUDIO VISUAL SOLUTION
Godrej has launched their wide range of AUDIO VISUAL
SOLUTION in NEEMRANA City. So, Firstly I was asked to do marketing
survey on the available products of the competitors to identify the need of
customers in the market. The Godrej has following models in their audio
visual solution product line:-
AUDIO VISUAL
SOLUTION
VISUALISER /
PROJECTORS DOCUMENT
DISPLAY
CAMERA
I have done survey for the need/demand in the market for these products
equally. I asked to do the market survey to know the actual need of the
Digital Hot Beverage’s Vending Machines and audio visual solution in
different types of categories divided in Hotels, Govt., Construction,
Financiers & Misc. The sample size was taken of 80 respondents.
41
My major focus was on the factors that were influencing the need in
the market for the Digital Hot Beverage’s Vending Machines and audio
visual solution. My sample plan was to capture the information of the
different categorized segments of industries.
3) LITERATURE REVIEW
42
PRODUCT PROFILE
Vending machine
Features:
• Digital microprocessor controlled.
• Scale resistant food grade polymer boiler to eliminate corrosion.
• Openable polymer boiler to facilitate easy cleaning
• Easy to clean unique mixing system design for excellent creama and
taste
• Unique canister design for consistent dosages.
• Beverage circuit parts made of food grade material
• Capable of handling voltage fluctuation.
• Highly durable and reliable
• Low power consumption
• Widely used in offices, canteens and cafeteria
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2 CVM ( 2 Canister Vending Machine):-
FEATURES 2 canisters
Size-Dimension 655mm*230mm*430mm
(H*W*D)
Main power 15A, 230V,50Hz
Supply
Power supply SMPS
Operating 110 to 300V
Voltage Range
Weight 23 Kg
Indicator 1 line LCD
Ups per Min. 5-6 cups/min
Mix System Whipper motor Initial startup 7-8min
Half cup/full Programmable Time
cup Option Water supply 1. On line
Power 1.0 Unit option (in 2. Bubble top
consumption at different Models) 3. external pump
peak output 4. Inverted bubble
Buttons on 1.) Tea 2.) top
Control Panel coffee Heater 2Kw
3.) Flav3 4.) Boiler capacity 1.4 Ltrs.
Flav4 Canister carrying 1.7Ltrs.
5.) Temporary capacity
Count Max & Min temp 80°C to 90°C
6.) Permanent Setting
Count
7.) Rinse
44
Salient Features:
Features
45
Technical Specifications:
Salient Features:
46
POWER CONSUMPTION 2.1KWmax, 1 Unite per day max
INITIAL STARTUP TIME 7 min
CUP VOLUME 90ml
DISPENSING RATE 5 cups/min
WATER CONECTION On-line / Bubble top/ Pump
BEVERAGE VARITENT 6 option settable
HOT WATER NO
INDICATOR Double line Display
Yellow & Green
INTERFACE Keypad, direct select
PRODUCT & TEMPERATURE On board with password protection
SETTING
47
Salient Features:
48
BEVERAGE VARITENT 8 option settable
HOT WATER Yes
INDICATOR Double line Display
Yellow & Green
INTERFACE Keypad, direct select
PRODUCT & TEMPERATURE On board with password protection
SETTING
MACHINE RATES
49
PREMIXES
Tea
* Plain * Cardamom
* Lemon * Ginger
* Masala
50
Coffee
* Classic * Instant
Creamer
Purest milk processed to retain the freshness right until it pours into your
cup.
* Diet
51
Soups
RATES OF PREMIXES
52
UPCOMING PREMIXES IN FUTURE
COMPETITORS
Local Competitors
International Competitors
1. N & W
2. Bianki
3. Lavatza
53
CURRENT MARKET STATUS VENDING GODREJ
AND THIRE COMPETITORS AT 31/03/2010
1 Nestle 53000
2 HUL 40000
3 Godrej 9150
4 Fresh & Honest 2500
5 CCD 9000
6 Tata Cafe 9200
7 Other unorganized 19500
player
60000
50000 Nestle
HUL
40000
Godrej
30000 Fresh & Honest
CCD
20000
Tata Cafe
Other unorganized player
10000
0
1
54
AUDIO VISUAL SOLUTION
RESEARCH METHODOLOGY
55
Define research problem
Design Research
Sample
Design
Collection of
data
Analysis of
data
Interpretation
& Findings
STEPS INVOLVE IN RESEARCH
56
RESEARCH OBJECTIVE:-
The aim of research is to study the “consumer response on audio video
conferencing and projectors and brand awareness of godrej vending
machine”.
The study will following highlight the objective-
1) Analysis of customer response toward godrej.
2) Competitive analysis
3) Brand awareness
4) Consumer demand
5) Dealer selection
RESEARCH DESIGN:-
57
Research Instruments
Research Instrument calls by the name of tool of collecting the data.
As above said the researcher has chosen questionnaire as research
instrument, which gives most satisfactory results.
Sample Plan
In sample plan the researcher has to decide about the sample unit,
sample size, sampling procedure and contact method.
Sample unit: This part of the sample plan involve the decision about the
respondents whether Financial institutions, Hotels, Manufacturing units &
Industrial sectors, Construction houses or a combination of all of them. The
researcher has chosen combination of these as his sample unit.
Sample size: It involves researcher’s sample size decision about how many
units to be surveyed. The sample size includes 80 respondents which is
combination of different types of respondents.
Field Work
At the end after finishing up the problem definition and research
design, researcher conducted the actual data collection procedure. This is
called fieldwork. The researcher has encountered with an average number of
problems during his fieldwork, respondents refuse to cooperate sometimes,
unable to give proper time, not interested to meet & the bargaining nature of
the businessmen etc.
58
Observation design relates to the conditions under which the observations
are to be made. Observational design in respect to descriptive research study,
means structured or well thought out instruments for collection of data.Data
Collection is integral part of the marketing research. There are several ways
of collecting the appropriate data, which differ considerably in context of
money costs, time and other resources at the disposal of the researcher. Data
can be obtained from two important sources:
i) Secondary data
ii) Primary data.
Secondary Data
Secondary data are those, which have already been collected by some one
else, so researcher collected information from following sources like :
1. Google.com.
2. Godrej prima, jaipur
Primary Data
The primary data are those, which are collected afresh and for the first time,
and thus happen to be in character. Primary data can be collected by various
methods i.e. by observation, self-administered questionnaire.
59
This method of data collection is very much like the collection of data
through questionnaire, with little difference which lies in the fact that
(Performa containing a set of questions are being filled in by the
enumerators who are specially appointed for the purpose. These enumerators
along with schedules, or to respondents, put to them the questions from the
Performa in order questions are listed and record the replies in the space
meant for the same in the Performa.
Sample Size.:-our sampling size around 80 in different segment in
NEEMRANA
Questionnaire
1. % of consumer have vending machine-
Option No. of Respondents
In in %
Numbers
Have 34 42.5 %
Not 46 57.5 %
have
Total 80 100%
57.50%
Not have
42.50%
Have
Series1 Series2
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This is our most important question as all other questions are divided on the
response of this one. According to above chart, we find that out of 80
respondents, only 42.5% (34) have vending machines while others 57.5%
(46) do not have vending machines.
If Have,
1. Vending machine which are used by consumer-
Option No. of Respondents
In in %
Numbers
Nescafe 15 44.77 %
Lipton 7 20.89 %
Bru 2
5.88%
godrej 1 2.94
(Local) other 9 26.47
Total 34
50
45
40
35
30
25 Series1
20
15
10
5
0
Nescafe Lipton bru others godrej
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2.94%(1)is using godrej while others 26.45% (9) are using vending
machines of local brands.
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3. Consumer aware about vending machine-
Option No. of Respondents
In in %
Numbers
NO 23 67.64 %
YES 11 32.35 %
Total 34
80
70
60
50
NO
40
Yes
30
20
10
0
1
4. Consumer are satisfied with the services and hygiene provided by the
existing vendor-
Option No. of Respondents
In in %
Numbers
Average 11 32.35 %
Satisfied 19 55.88 %
Dissatisfied 4 11.76%
Total 34
63
dissatisfied
Avarage
Satisfied
0.6
0.5
0.4
0.3
0.2
0.1
0
Satisfacto
Good Poor
ry
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It has been seen that out of 34 respondents which have vending
machines, 55.88% (19) have the average satisfaction in the taste of
beverage(s) provided by the existing vendors (satisfactory), while only
35.19% (12) says that the taste is good, (good). But we also got some
respondents 8.82% (3) which does not like the taste of beverages provided
by the existing vending machine, (poor).
0.56
0.54
0.52
0.5
0.48
0.46
0.44 1
0.42 2
P urc hased
Rental
1 2
Purchased 55.88%
Rental 47.05%
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7) For what purpose do you use your vending machine?
a)Office Purpose b)Personal Purpose c)Other
Office 23 67.6
4
Personal 2 5.88
Other 9 26.27
Total 34
O ffic e
P e rs o na l
O th er
If DO NOT HAVE,
1. No. of Consumer who fulfill there requirement by various mode-
Option No. of Respondents
In in %
Numbers
Own pantry 27 58.69 %
facility
Outsider 19 41.30 %
Vendors
Total 46
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41.30%
Outsider
Vendors
Series2
Series1
58.69%
Ow n pantry
facility
0.53
0.52
0.51
Series1
0.5
Series2
0.49
0.48
0.47
0.46
0.45
YES NO
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According to this chart, out of 46 respondents, 52.17% (24) prefer in-
house facility where they can get beverages ready to serve, while 47.82%
(22) do not show their interest towards an in-house facility.
Not interested
Lipton
Nescafe
Series2
Series1
Godrej
0
0.1 0.2 0.3 0.4
Here we can see that out of 46 respondents which do not have vending
machine, 39.13% (18) shows interest in taking services of Godrej’s Vending
machine at their workplace, 28.26% (13) shows interest in Nescafe’s
machine, 13.04% (6) prefer HUL’s Lipton vending machines, while 19.56%
(9) are not interested in having vending machine.
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4. % of consumer satisfied with current service provider-
Option No. of Respondents
In in %
Numbers
Delighted 10 21.73%
Satisfied 31 67.39 %
Dissatisfied 5 10.46%
Total 46
67.39%
0.7
0.6
0.5
0.4
0.3 21.73%
0.2 10.46%
0.1
0
Delighted Satisfied Dissatisfied
S eries1 Series2
As the chart shows, 12.90% (12) respondents are not satisfied by the
current vendor’s services, 65.59% (61) are satisfied, while 21.50% (20) are
delighted with the services.
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32.60%
Dissatisfied
45.65%
Satisfied
21.73%
Delighted
Series1 Series2
On the basis of this chart we can say that only 21.73% (10) are
delighted with the hygiene level of the beverages consumed by them,
45.65% (21) are satisfied while 32.60% (15) are
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FINDINGS
Large number of government & private organization uses Vending
Machine.
Customer think that brand name of the company can influence their
purchase decision.
Price and service provided are major attributes that affect customer’s
purchase decision.
It has been seen that most competitors are making their vending
machines available at rental basis.
Most of the respondents are not aware about the Godrej’s vending
machine.
We found that Godrej brand name has very good image in consumer’s
and customer’s mind and they consider it as reliable brand.
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Suggestion
· The Company should advertise its VENDING MACHINE and AUDIO
VISUAL SOLUTION as a result customer would aware about our solution.
· During the survey I got the demand of 2CVM so I would like to suggest to
the company provide these type of vending machine.
· The sales & marketing officer of the company should regular visit to these
places so they can easily get the requirement of the customer regarding
vending machine.
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RECOMMENDATION
1) PRODUCT
2) PRICE
3) PLACE
4) PROMOTION
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Limitation
Every research has it own limitation. It is not possible that a
research is accomplished without having bounding and limitation.
There are always some short comings which come into the way of
accomplishment of a particular research study. It is almost
impossible for research to get away from it.
Following are the few limitation of the particulars research study.
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CONCLUSION
At the time of survey it was found that some of the Hospitals, industry,
Banks, places owners using these vending product and some are not. All the
hospitals, industries, Bank places owners who are using any type of vending
product, they all are really appreciate the GODREJ vending product and
implemented in their places. I felt so wonderful to see the brand loyalty of
the customer towards the product of GODREJ.
The project has been successfully completed and it is helped us to
understand the mindset of the respondents and the ways that an organization
should follow to always retain their customers.
This project can help the organization to get clear insight about the customer
taste and preferences. Thus helping the organization to exist successfully in
the business environment.
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Questionnaire for those who do not have Vending Machine
1) Which hot beverage(s) you are using at your workplace?
I. Tea
II. Coffee
III. Soup
2) How do you fulfill your Tea/ Coffee/ Soup requirements?
I. Own pantry facility
II. Outsider Vendors
III. Others (Please Specify)…………………………………………
3) What is the staff strength of your organization?
I. Below 15
II. 15-30
III. 31-50
IV. Above 50
4) How much is the daily consumption of beverage(s) in cups?
Tea Coffee Soup Total
6) Would you prefer an in-house facility where you can get beverages
ready to serve?
I. Yes
II. No
7) Which Vending Machine you prefer at your work place?
I. Godrej
II. Georgia
III. Americana
IV. Others (Please Specify)………………………………….
Soup:
Tomato Mix Veg. Sweet Corn Others(Please
Specify)
Whitener: Normal Sugar Low Sugar Dairy Others (Please Specify)
Dairy Whitener Whitener (LSDW)
(NSDW)
9) Are you satisfied with the current services provided by the vendor/
Pantry?
I. Delighted
II. Satisfied
III. Dissatisfied
10) Are you satisfied with the hygiene level of the beverages
consumed by you?
I. Delighted
II. Satisfied
III. Dissatisfied
11) Are you aware of the benefits of the Godrej Vending Machine?
Parameters Yes No
Hygiene
Service
Cost
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I. Godrej
II. Georgia
III. Americana
IV. Others (Please Specify)………………………………………
I. Nestle
II. HUL
III. Godrej
IV. Others (Please Specify)………………………………………..
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II. Average
III. Dissatisfied
7) How is the taste of beverage(s) provided by the existing Vending
Machine?
I. Good
II. Satisfactory
III. Poor
8) Through what mode have you taken the vending machine?
I. Purchased (Cost & Date of Purchase)
…………………………………………………………………
……………………
II. On Rental Basis ( What is the Rental Offer)
…………………………………………………………………………
……………
9) What is the cost of premixes?
Type Cost per Kg. (in Rs.)
of Premixes
10) Are you aware of the benefits of the Godrej Vending Machine?
Parameters Yes No
Hygiene
Service
Cost
BIBLIOGRAPHY
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BOOKS:-
· Philip Kotller & Keller
· C.R. Kothari
· Sangeeta Agarwal
WEBSITES:-
· www.godrej.com
· www.google.com
· www.answers.com
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