SAMSUNG Report
SAMSUNG Report
SAMSUNG Report
PROJECT REPORT
ON
THAKUR BIMMI.D
MBA(MARKETING)
SURAT
YEAR :-MAY 2012
Page 1
EXECUTIVE SUMMARY
Page 3
Page 4
Sr.
No
Ch-1
1.1
1.2
1.3
1.4
1.5
Ch-2
2.1
2.2
2.3
2.4
2.5
2.6
2.7
2.8
Ch-3
3.1
3.2
3.3
3.4
3.5
3.6
3.7
3.8
3.9
3.10
3.11
3.12
Ch-4
4.1
Particulars
Executive summary
TABLE OF CONTENT
Introduction of brand & brand awareness
Definition of brand
The Objective That Good Brand will achieve
Component Of Brand Equity
Brand Element Choice Criteria
Difinition of brand awareness
Introduction Of Industry
Introduction Of Industry
Eletronics Industry In India
Industry profile
Industry Size, Growth, Trends
Consumer electronics
Difference Between PlasmaT.v,LCDT.V LEDT.V
Key Players
Etop Analysis of Samsung
Company profile
Company profile
Samsung - Introduction
Management Team
Samsung Global
Samsung In India
Growing to be The best
Customized products for Indian consumers
Samaung History
History Of Telivision of Samsung
Product Profile of Samsung
Vision & Mission
Swot Analysis Of Samsung
Theoretical Aspect of the Study
Theoretical Background of The Study
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Page
No
6
7
7
8
8
10
11
13 to15
16
17
18
19
20to21
22to24
25to26
27
28to30
31to32
33to35
36
37to38
39
40
41to42
43to44
45to50
51to52
53to54
55
56to57
4.2
Ch-5
5.1
5.2
5.3
5.4
5.5
5.6
Market Analysis
Research Methodology
Objective Of The Study
Benefits Of The Study
Limitation Of Study
Scope Of The Study
Research methodology
Research process
Research Desing
Data Collection & Sampling
5.7 Sorce Of Data
5.8 Questionnaire Construction
Ch-6 Data Analysis
6.1 Data Analysis & Interpretation
Ch-7 Findings & Suggestions
7.1 Findings
7.2 Suggestions
Ch-8 Conclusion
Ch-9 Bibliography & Annexure
9.1 Bibliography
9.2 Annexure
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58
59
60
60
60
61
62
62
63
64
69
70to72
73
74to88
91
92to95
96
97to99
100
101
102
Chapter 1:
Introduction of brand
and brand awareness
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1.3 Components of Brand Equity:There are five key components-or pillars-of brand
equity; according to brand asset valuator. These are
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'Brand Awareness'
Brand awareness is an important way of promoting
commodity-related products. This is because for these products, there are
very few factors that differentiate one product from its competitors.
Therefore, the product that maintains the highest brand awareness
compared to its competitors will usually get the most sales.
For example, in the soft drink industry, very little separates a
generic soda from
brand-name
soda,
in
terms
of taste.
However, consumers are very aware of the brands Pepsi and Coca Cola, in
terms of their images and names. This higher rate of brand awareness
equates to higher sales and also serves as an economic moat that prevents
competitors from gaining more market share.
Brand recall
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Brand recognition
Brand recognition is the extent to which a brand is
recognized
for
stated
brand
attributes,
parts,
offerings,
or
communications.
In some cases brand recognition is defined as
aided recall and as a subset of brand recall. In this case, brand
recognition is the extent to which a brand name is recognized when
prompted with the actual name.
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Chapter 2 :
INTRODUCTION OF
INDUSTRY
Size
of
Industry
$ 25 billion
Geographical
distribution
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HISTORY
Among manufacturing industries, the electronics industry occupies a key
position in modern science and technology. It plays a vital role in the fields
of atomic energy, communications, defense, education, entertainment and
space technology. Until the 1970s the electronic industry was the most
protected of all the Indian industries. The countrys electronics policy
strongly favored self-reliance and technology and capital imports were
strongly discouraged. This resulted in the electronics industry being highly
underdeveloped till the late 1980s. The industry was very inefficient
producing outdated and low quality models at a very high cost.
Policy reforms were initiated in the early 1990s with the liberalization of
trade and industry sectors. With the change in the policy regimes after
liberalization, the industry experienced restructuring.
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units,
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TOSHIBA INDIA:
Toshiba India Private Limited (TIPL) is the
wholly owned subsidiary of Japanese Electronics giant Toshiba
Corporation and was incorporated in India on September 2001. Toshiba
had a presence in India since 1985 and was represented in India through
their Liaison Office.
SONY INDIA:
Sony Corporation, Japan, established its India
operations in November 1994. In India, Sony has its distribution
network comprising of over 7000 channel partners, 215 Sony World and
Sony Exclusive outlets and 21 direct branch locations. The company
also has presence across the country with 21 company owned and 172
authorized service centers.
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ONIDA INDIA:
LED TVs represent technology, and Onida has
ensured that its LED TVs stand for innovative technology. Onida has
worked on ensuring that the latest in technology is made more accessible.
Onida LED TVs also provide for a more user-friendly experience. This
fantastic Slim EDGE led TV comes with a glass finish and 1000000:1
contrast ratio for excellent picture viewing. Adding to stunning visuals it
also gives 200 w pulsating theater like sound.
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Environment analysis:
Trying to Close on to the Market Leader LG Making a mark
in the High end category
Segment. LCD TV, Plasma TV,
Frost free Refrigerators and split AC. Samsung had a sting
of design successes in 2000s.
For example, the Sync master series of LCD monitors was
lauded for its simple design
and went on to win
several awards.
LCD TVs and Plasma TVs were gaining popularity therefore
Samsungs design team started work on developing a slim
projection TV based on digital light processing (DLP)
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Opportunities:
In India the penetration level of white goods is lower as
Compared to other developing countries.
Unexploited rural market.
Rapid urbanization.
Increase in income level, i.e. increase in purchasing power
of consumer
Easy availability of finance.
Threats:
Indian Mass Market may be captured by a rival company,
LG, Onida, Videocon; etc.
The consumer durable industry is not in the best of health.
Due to increased price of inputs and continuing price erosion
there is downtrend in the consumer durables market.
Increased emergence of modern retail chains- a problem as
Samsung is investing in building a retail network across the
country.
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Chapter 3:
COMPANY
PROFILE
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today
spans
advanced
technology,
semiconductors,
Corporate profile:
In every area of Samsung's business, we work to improve our
global society. A digital
Careers:
Explore the next step in your career - discover what's possible at
Samsung. In the pursuit of global excellence, SAMSUNG is
continuously looking for dynamic new leaders for the digital age of the
21st Century.
Our company is an an equal opportunity employer and welcomes
application from all qualified candidates. The data provide will only be
used for consideration of the applied position or other suitable position
at Samsung Electronics HK Co. Ltd. or other subsidiaries of Samsung
Group. Applicants who are not invited for interview within 10 weeks
should consider their applications unsuccessful. Personal data of
unsuccessful applicants will be destroyed within 12 months.
Global Procurement:
Samsung Electronics is looking for potential World-class Partners.
Looking for Potential Suppliers to lead the Future with Samsung
Electronics. As a world leader in digital technology Samsung Electronics
is progressing into a new era in product development, corporate culture
and contributions to the global society. In order for us to achieve our
goals, we understand how important it is to build relationships and have
full support from first class suppliers. Samsung Electronics is looking for
potential world-class partners with innovative and distinctive technologies
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television manufacturer since 2006 and the world's largest maker of LCD
panels for eight consecutive years. It has the largest marketshare
worldwide in memory chips. The company is the world's largest vendor of
smartphones since 2011. Samsung has also established a prominent
position in the tablet computer market, with the release of the Androidpowered Samsung Galaxy Tab.
Chief
An 33-years veteran of
Samsung.
Mr. Choi's leadership and
sophisticated
technology
expertise
helped
build
Samsung into the world's
largest consumer electronics
company.
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every day - that means no holiday time off or weekends -- both because
they want to and it is expected.
The company was once even larger than it is now, but the
government, concerned about the power that the company amassed,
required the company to drop some of its sub-divisions.
Because the company is so large and powerful, they have been
accused of bankrupting some other companies - or worse, making the
market so that other companies don't stand a chance at the start.
They are also very much so the leader in electronic components
that other companies use to build products - and as such, can control the
market value and inflate prices at will. This is why the government
stepped in and attempted to somewhat limit the huge conglomerate's
power and scope.
However, it is important to note that the company is responsible
for at least 1/5 of the country's exports. As a result, they are in a position
of power because of the money they supply to the government.
Additionally, their vast number of employees are essential to the country's
economy.
For years in a row, Samsung has taken the top spot in the world
TV market, with the launch of best-selling items. In 2009, it sold as many
as 31 million flat-panel TVs, maintaining the top position for four
consecutive years in terms of world market share. In early 2010, the
company had set the years sales goal at 39 million units (including 10million LED TVs).
According to Display Search, the U.S. market research and
consulting firm, Samsung is forecast to take a 27-percent share for the
global TV market in the second quarter of 2010 while LG Electronics
accounts for 26.2 percent of the market. The market researcher predicted
that Samsungs leadership would continue in 2011
Samsung Electronics is creating a new market by introducing the
Finger-Slim LED TV. Launched in March 2009, the super-slim LED
TV has thus far been sold as many as 2.6 million units. In 2009 alone, it
was sold more than 2 million units, which brightens the future prospect.
Samsung has led the flat-panel TV market for the past five years
with the 2006 introduction of its Bordeaux line, followed by the 2007
Bordeaux model, the 2008 Crystal Rose line, and the Finger-Slim in
2009. The company retained the leading position by successfully selling
more than 1 million 3D TVs as of August 2010.
As rivals are jumping on the bandwagon, Samsung outstrips them
by consistently introducing new, better models. Today the company offers
the full line of TVs, at many price point.
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No guesswork require
Samsung microwave oven, Faster, more spacious and
more stylish than before.
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SAMSUNG Cameras:
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guidance,Anroid,jellyben
intuitive
interfaces
and
automated features help you channel your inner photographer under any
circumstance, regardless of your expertise 21zoom
SAMSUNGLaptops:
Tablet+laptop
Thinest laptop
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SAMSUNG Televisions:
Vision
Samsung is guided by a singular vision: to lead the digital
convergence movement. We believe that through technology innovation
today, we will find the solutions we need to address the challenges of
tomorrow. From technology comes opportunity for businesses to grow, for
citizens in emerging markets to prosper by tapping into the digital
economy, and for people to invent new possibilities. Its our aim to
develop innovative technologies and efficient processes that create new
markets, enrich peoples lives and continue to make Samsung a trusted
market leader
Mission
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STRENGHTS:
Launching hi-tech and contemporary products with zeal and
speed.
Target is not only number driven but also about acquiring
and retaining customers.
Created a Unique Brand Image for itself as a high end value
driven brand.
WEAKNESS:
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OPPORTUNITIES:
Its slowing down and has not had any product innovation in
the recent past.
The Indian Mass Market.
The high end value driven proposition helps increase the
Market Share. Samsung is well known for it product
differentiation
THREATS:
Indian Mass Market may be captured by a rival company,
LG, Onida, Videocon; etc.
The consumer durable industry is not in the best of health.
Due to increased price of inputs and continuing price erosion
There is downtrend in the consumer durables market.
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CHAPTER 4:
THEORETICAL
ASPECT OF THE
STUDY
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Naming/Renaming
Brand identity
Tagline development
Brand expression (look and feel, visual and verbal elements, sample
applications)
Brand guidelines
Graphic standards
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CHAPTER 5
RESEARCH
METHODOLOGY
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Research Design
Research design specifies methods and
procedures for study. In this study the company was interested to know
the brand awareness of Samsung LED TV among people and the demand
of different consumer durable product, about competitors, and potential
for SAMSUNG procedures to be used for the study among retailers/dealer
and.
Research design indicates the methods and procedure of
conducting research study. Research design can be done in following
three types:
1.
Exploratory Research
Exploratory Research focuses on the discovery of new
ideas and is generally based on secondary data.
2.
Descriptive Research
Descriptive Research is undertaken when the researcher
want to know the characteristics of certain groups.
3.
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observation and
contrived observation.
Survey Method:
It contains Personal Interview,
Telephone Interview and Mail
Interview.
Experimental Method:
It contains experiment in controlled
(laboratory) condition &
(natural) conditions.
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experiment in normal
Panel Method:
It can be collected from internal as
well as external sources.
Internal Source: Various internal sources
like employee, books, sales activity, stock
availability, product cost, etc.
External Sources: Libraries,
trade
1.Probability Sampling:
Probability sampling means each unit of the
universe has equal chance of getting selected. The most frequently
used probability sampling methods are as below:
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2.Non-Probability Sampling:
Non Probability sampling contains following
methods
Convenience Sampling.
Panel Sampling.
Judgement sampling
Quota Sampling.
For the purpose the researcher has used Non probability
(Convenience) sampling. I selected this type samoling because we have
do a survey from 100 sample
Sample Size:
Sample size means limited numbers of respondents covered under
the research study from a population and the researcher has taken
a survey of 100 respondents to know the satisfaction level of
customer.
Sampling Area:
The researchers area for survey was:
Customers come at Sky View, Surat
Sampling Unit:
Here
the
researcher
has
randomly
selected
100
No
3. Likert scale question:Ex. Do you agree that SAMSUNG LEDTV provide a good
quality of picture?
Strongly agree
Agree
Neither agree Nor Disagree
Disagree
strongly disagree
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__
__
__
__
__
unknown
5. Rating Scale Question:Ex. Give the rank to following brand performance according to
parameter given there [1-Very Good, 2-Good, 3-Average, 4-Poor, 5-very
poor]
Parameter
Sam
sung
Sony
Pana
sonic
Brand
Reputation
Features
Model
Price
Awareness
LG
No
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CHAPTER 6:
DATA ANALYSIS
Page 77
Sr. No.
1
2
--
Valid
Yes
No
Total
Page 78
Percentage
70%
30%
100%
30%
Yes
No
70%
Graph:6.2.
Interpretation:
In a survey of 100 people, 77 people i.e. 70% of people
like watching TV and another 30% people dont like watch TV. So
here we can conclude from the above chart, which represents that
most of the people like watching TV.
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Percentage
64%
36%
100%
36%
64%
Yes
No
Graph:6.3
Interpretation:
Here from the above chart we come to know that 64%
people interested to purchase a TV and another 36% of people
are not interested to purchase. This shows that, as the survey done
during the World Cup match so due to that genuinely demand
increases for purchasing a TV amongst the people. Because World
Cup influences the TV sales rate.
Expected Time duration in which customer will purchase TV.
Sr. No.
1
2
Valid
Within 1 week
Within 1 month
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Percentage
27%
37%
3
--
36%
100%
36%
Within 1 week
within 1 month
After 1 month or
above
38%
Graph:6.4
Interpretation:
Basically, the respondents who want to purchase TV are
64 out of 100. So we had the above survey from 64 respondents.
Respondents who are willing to purchase TV within 1
week are 27% . Moreover, people who want to purchase TV
within 1 month is 37% and 36% of respondents will purchase TV
after 1 month.
The respondents who had selected time duration of After 1
month may just come for seeking information about a particular
brand TV features as they may compare it with other brands and
select which convenient to their needs like price, size, features,
quality.
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Sr. No.
1
2
3
4
--
Valid
Online
Dealer
Hypermarket
Others
Total
Percentage
5%
61%
34%
0%
100%
online
Dealer
Hypermarket
Graph:6.5
Interpretation:
From above survey , out of 64 respondents who are
willing to purchase TV, are more overly preferred to purchase it
from Dealers the percentage is 61%. So it shows that above
50% of people like to purchase TV only from particularly
Company dealers located in the local area in the city.
Another 34% of respondents would prefer to purchase it
from hypermarkets like, Croma, Next, e-zone, etc.
Lastly, the least preference is given to online purchasing.
Merely 5% people like to purchase online.
Sr. No.
1
2
3
4
--
Valid
Percentage
Rs. 20,000- Rs.55,000
22%
Rs. 55,000- Rs.85,000
39%
Rs. 85,000- Rs.1,50,000
23%
Rs. 1,50,000 & above
16%
Total
100
%
16%
Rs.55,000-Rs.85,000
22%
23%
39%
Graph 6.6
Interpretation:
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Rs.85,000-Rs.1,50,000
Here from the above chart we can say that majority respondents
represents that 39% respondents prefer budget between Rs.55, 000
to Rs. 85, 000. So this is the most preferable budget.
Very less had selected the budget (16%) of Rs. 1,50,000 & above
as this respondents wants TV with greater size, clarity and with
best features.
Mode of payment.
Sr. No.
1
2
3
--
Valid
Cash
Cheque
Loan
Total
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Percentage
9%
33%
58%
100%
Mode of payment
9%
58%
Cash
Cheque
Loan
33%
Graph:6.7
Interpretation:
Above chart represents that, the mode of payment which is most
preferable is Loan, because it is an easiest way of payment for
every customer. It is also known as EMI that one can pay every
month and less charge are taken for a payment installments.
So from the 64 respondents 37 prefer for loan as a mode
of payment.
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Valid
Bedroom
Living room
Office purpose
Any other
Total
Percentage
19%
50%
20%
11%
100%
11%
19%
20%
Bedroom
Livingroom
Office
For other purpose
50%
Graph:6.8
Interpretation:
From the survey , we came to the conclusion that 19% people
want to enjoy TV in bedroom for their personal entertainment , but
50% people like to enjoy TV programs with their family , so they had
selected their TV for living room purpose, high percentage of ratio
observed is in these area . Moreover in professional view 20% people
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use TVs for their office purpose , 11% people use TVs for other
purpose like in CCTV, advertising mode in Supermalls etc.
Size for TV.
Sr. No.
1
2
3
4
--
Valid
Less than 26
32
36
40 & above
Total
Percentage
22%
39%
19%
20%
100%
20%
22%
19%
39%
Less than 26
;
"
36
;
" & above
Graph:6.9
Interpretation:
From the above chart we come to the conclusion that 22%
of people selects less than 26 size for a television. 32 size is
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Valid Percentage
Plasma
17%
LCD
41%
LED
42%
Total
100%
30
25
20
15
10
Plasma
LCD
Graph:6.10
Interpretation:
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LED
Valid
SAMSUNG
SONY
LG
PANASONIC
TOSHIBA
OTHER
Total
SAMSUNG
SONY
Percentage
52%
19%
7%
11%
0%
11%
100%
14
12
10
8
6
4
2
0
LG
PANASONIC TOSHIBA
Graph:6.11
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Other
Interpretation:
From the above chart we can conclude clearly that 52% people
had selected for SAMSUNG for purchasing LED TV. Other 11%
had selected for Videocon, Sharp & Onida. After SAMSUNG
more number of respondents i.e. 19% preferred SONY.
Note:
A survey conducted in USA, in that 90% of respondents had
purchased television of SAMSUNG and merely 10% had selected
for other brands.
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Sources of Awareness.
Sr. no.
1
2
3
--
Valid
Advertisement
Hoardings
Relatives & friends
Total
Percentage
35%
18%
47%
100%
Sources of Awareness
35%
47%
18%
Graph:6.12
Interpretation:
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Advertisement
Hoardings
Relatives & Friends
Valid
Slim design
Ultra clear panel
Resolution
Clarity
Total
Percentage
22%
7%
7%
64%
100%
21%
7%
64%
7%
Graph: 6.13
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Slim design
Ultra clear panel
Resolution
Clarity
Interpretation:
In above chart it is shown that 64% respondents believes
that LED TV having better clarity.
While 22% attracted towards its slim design.
= Percentage
36%
14%
7%
14%
29%
100%
29%
36%
14%
7%
14%
Graph:6.14
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Warranty
Financial schemes
Less intyerest on
EMI charged
Life of LED TV
After sales service
Interpretation:
Here 29% respondents said that after sales service of SAMSUNG
is beat. 36% said that warranty schemes are good.
Valid
SAMSUNG LED TV series 4
SAMSUNG LED TV series 5
SAMSUNG LED TV series 6
SAMSUNG LED TV series 7
SAMSUNG LED TV series 8
SAMSUNG LED TV 9000
Total
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Percentage
12%
6%
12%
23%
18%
29%
100%
12%
29%
6%
12%
18%
24%
SAMSUNG LED TV
series 4
SAMSUNG LED TV
series 5
SAMSUNG LED TV
series 6
SAMSUNG LED TV
series 7
SAMSUNG LED TV
series 8
SAMSUNG LED TV
series 9000
Graph6.15
Interpretation:
Here 29% have selected model of 9000 where they
will purchase it in Rs. 1,50,000 and above. While 23% have
selected Series 7 as it is reasonable.
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Chapter 7:
FINDINGS
SUGGESTIONS
&
7.1 FINDINGS
70% of people like watching TV. This show that people
prefers to Television as From the above analysis shown in
Graph 5.2.1 shows that a source of their entertainment.
From the survey, we get to know that the respondents who
having TV, they are currently using, its majority brands are
ONIDA, BPL, SONY. The regular size TV they are using
currently. Likewise, 21,26, 32.
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7.2 SUGGESTIONS:
SAMSUNG should focus more on advertisements for its
LED Television specially.
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CHAPTER 8:
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CONCLUSIONS
CONCLUSIONS:
Following are the conclusion that the researcher found after the survey.
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Chapter 9:
BIBLIOGRAPHY
&
ANNEXURE
9.1 BIBLIOGRAPHY
Books :
o Marketing Research (3rd edition, Tata McGraw Hill)
-Gc Beri
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Websites:
o http://www.scribd.com/doc/30027467/PRODUCT-MIX
o http://www.oppapers.com/subjects/introduction-of-samsungcompany-page1.html
o http://www.samsung.com/us/aboutsamsung/management/
o http://www.samsung.com/hk_en/aboutsamsung/companypro
file/
o http://ezinearticles.com/?What-is-the-Difference-BetweenPlasma-TV,-LCD-TV-and-LED-TV?&id=3381066
o http://www.netmba.com/marketing/market/analysis/
9.2 ANNEXURE
Questionnaire:
No
No
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Plasma
LCD
LED
12.)Which brand according to you is best for LED?
Samsung
Sony
LG
Panasonic
Toshiba
Other then specify _________________________
Slim design
Ultra clear panel
Resolution
Clarity
Other then specify _________________________
16.)Factors attracts you to buy SAMSUNG LED ?
Warranty
Financial scheme
Less interest on EMI
Life of LED TV
Other then specify _________________________
17.)Which Model of SAMSUNG LED you like to purchase?
SAMSUNG LED TV series 4
SAMSUNG LED TV series 5
SAMSUNG LED TV series 6
SAMSUNG LED TV series 7
SAMSUNG LED TV series 8
SAMSUNG LED TV 9000
18.)Suggestions:
___________________________________________________
______
___________________________________________________
______
___________________________________________________
______
___________________________________________________
______
Personal Details:Page 110
Name:
___________________________________________
Occupation:
_________________________________________________
Age:______________ Contact No: _____________________
AnnuaIincome:
______________________________________________
-: Thank you:-
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