Andanayya
Andanayya
Andanayya
I have done cold calling to the company clients and also visit the clients shops to
receive the orders and also convenience clients to purchase a company product and
also we had taken feedback from the customer so that it helps the company to
improve their quality and increase the sales turn over.
INTRODUCTION:
India has an enormous potential in making the spotless power through reasonable
power sources in particular hydro, wind and solar, it was started in the year1989, it
was begun by Tata control sun based in the year 1989, it is the biggest incorporated
sun based arrangement supplier in India, Today it is a finished claimed auxiliary of
Tata control, India's greatest facilitated power utility.
The Indian sun based industry has a huge chance for a tropical country like India
where around 45% of family transcendently nation regions wear approach to the
power, as shown by the "Indian solar oriented vitality showcase perspective 2012".
The business has watch huge advancement development over the span of on-going
years and is evaluated to grow more later on.
India gets agreeable number of sun powered radiations for 300 days in year, this
signify 3000 significant lot of sunlight proportional to more than 5000 trillion kWh. In
excess of 3 lakh experts will motivate the work by 2022 to achieve India's sun based
and wind vitality focuses on, A strong neighborhood sunlight based assembling
industry could offer work to additional 45000 people in India in next couple of years.
Solar systems cells grows around 85% in 2008, with 7.9 gigawatts (GW) were figure
around the world, The main five solar photovoltaic manufacturing nations are
Germany, China, Taiwan, Japan, and the America. Germany is one of the most
noteworthy rates on the planet and more based on imported oil.
2017 610
2018 769
The solar system in Indian consists the top 10 solar companies in India compete
for the number one spot by increasing their reach across the country and investing
huge amount on R&D for technological advancement, presently India is facing
frequent shortage of power with a supply gap of 12%, and this gap can only be filled
with the utilization of sustainable sources of energy such solar energy in India.
Nature of business:
Nuetech close-by planetary public affair private controlled obliged with the rising
stresses among the world system towards "nursery" impact and widening for the most
part temperatures the offers of sun based centrality based improvement things is
broadening all around requested. "Nuetech great bodies private obliged", offer to their
customers, their beneficial industry skill and capacity in the field of storing up sun
fuelled water more furious structures for both nuclear family comparatively as
mechanical applications and offering sun based lighting frameworks, sun arranged
home lights, sun controlled road lighting sun arranged measurement plate gatherer
and so on.
Company profile:
Company History
The Nuetech solar system private limited was established in the year 1992 as a
association firm which later progressed into a private limited company. MR.K.R.
Surendra Kumar (Managing Director) he was begun his profession as a fuel-
productive wood Fuel stove maker in a village near to Tiptur. In the year 1988 the
energy productive wood fuel stoves 25% wood fuel over conventional wood fuel
stoves and were more productive.
The Nuetech solar water heating industry having the 25years of rich experience,
Nuetech solar systems private limited(NSSPL) intends to competively. increase their
production over the next two to 5 years, An a solar water heater producing and
distributing company with turnover of 280 million at the end of the financial year and
expected turnover of INR 320 million for the following monetary year.
At the argument when the central Government pulled back the subsidy in 1992 the
interest for the stoves declined and Mr. Kumar stopped the production, despite having
the challenges the company’s promoters having the grip of their experience in wood
fuel of non-conventional energy and begun manufacturing solar water heaters.
Nuetech means to make recognizable and achieve so that the buyers are known
about the Nuetech items and its quality items which will build the development of the
organization, through this activity it will expand regular sales of the solar water
heater system. Nuetech solar system private limited has guaranteed that they get a
decent measure of share of market capability of the solar water boiler business.
The Nuetech market is rising at an average annual rate of more than 18% over the
last 5 years and has an increasing number of individuals, institutions and private and
public agencies that recognize the multiple benefits of solar energy. Nuetech solar
system private limited expected to anticipate its production and sale of solar water
heaters to both the private as well as institutional purchasers in order to reach the
turnover of 1000 million in the next few years.
Nuetech keeps runs with the a dream of “Greater prominent of separate life,
increased structural productivity & more secure w0rld, thanks to better control of
solar systems.
A) Vision:
B) Mission:
To convey awesome sun powered vitality items and administrations and keep
the clients brilliantly shocked.
To support a bleeding edge foundation and a motivating workplace, with
steady speculations and activities.
Product profile:
STREET LIGHTS
NUE FRESQUA RO
Nue fresqua drop model is a domestic water purifier which can be used for both
cauvery & bore water with 10 liters of storage capacity, 10-12 liters p/h output, can be
wall mounted as well table topped, unique feature of detachable storage tank, high
purification technology of ro+uv+uf+tds+minerals totally 8 stages of purification
system. High purification capacity of 60 liters per day gives 100%
RO PLANT
RO+UV+UF+TDS+MINERALS
• ISO Certified
• 8 stages of purification
• Suitable for all types of water
• Reduces the hardness of water
• Available in all capacities 250/500/1000etc.
Nuetech solar, we strongly believe that, “customer is our king” we delivered good
quality items with best administration to sat
Nuetech solar system pvt ltd it is a national player and it is operating in the following
areas.
Maharashtra 23 Haryana 2
Chhattisgarh 5 Haryana 2
COMPETITORS INFORMATION:
The Nuetech solar systems pvt ltd have including more competitors so those are…..
Bunt solar systems pvt ltd.
Supreme solar pvt ltd.
Emmvee solar systems pvt ltd.
Sun zone solar systems pvt ltd.
G C solar industry pvt ltd.
Orb energy pvt ltd.
Achievements/ Awards:
• Rastriya Rattan Award (2002) from Global Economic Council, New Delhi
SWOT ANALYSIS
Strength:
• No contamination.
• Good solidarity.
Weakness:
• Excess labor.
Opportunities:
• Export showcase.
Threats:
2.non-current liability
3.current liability
Assets
1.Non-current assets
• fixed assets
• Current investment -
• Inventories 4,39,22,780 3,75,25,158
(c) Trade Receivables 12,24,47,251 16,63,19,183
(d) Cash and cash equivalent 1,96,09,722 5,96,36,680
(e) Short term loans and advances 58,01,140 27,49,000
(f) other current asset
-
PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH
2016&2017
Expenses
Cost of raw material consumed 21 23,67,24,226 26,36,81,673
Purchase of stock-in-trade -
Increase/decrease in inventories 22 (1,42,12,946) 1,45,42,138
Employees benefits expenses 23 3,67,63,809 3,08,62,825
Finance costs 24 1,51,34,025 1,60,08,026
Depreciation and amortization expense 13 19,68,252 17,90,876
Other expenses 25 5,88,92,183 3,31,22,412
Total Expenses 33,52,69,548 36,00,07,948
MEANING OF PROMOTION
NATURE OF PROMOTION
PURPOSE OF PROMOTION
OBJECTIVES OF PROMOTION
Increase sales
Increase market share
Make Brand credit, acceptance, insistence etc
Update and teach the market
Generate a competitive deference
Create a favourable climate for future sale.
Limited time systems may unfavorably impact the social and political condition.
Advertisers may prevail to twist request to adjust with supply, i.e., product offering
yet the showcasing exercises may bother the social issue, e.g. media control,
squander transfer, general welfare, captivating promoting rehearses, high weight
charismatic skill, tricking bundling and naming, monopolistic or prohibitive
showcasing rehearses, etc.
Advancement gadgets ought not misdirect the normal buyers, misuse the discoveries
of research, control customer conduct and economic situations. They should be exact,
susceptible and reasonable in making correlations with results of opponents.
PROMOTION MIX
“The promotional mix is a term used to describe the set of tools that a business can
use to communicate effectively the benefits of its products or services to its
customers”
Type of product:
The promotion task depends on the type of product marketed. Low priced frequently
purchased consumer goods like toilet soap, toothpaste, soft drinks, etc., will need
frequent repeat messages to influence and remind the existing consumers about the
brand and persuade new consumers to buy.
Nature of market:
The business of rivalry in the market, locational attributes of the consumers, and
the prerequisites of channel individuals additionally impact the promotion blend
choice. On the off chance that the intended interest group is vast and generally spread
out in diverse pieces of the nation, publicizing and deals advancement will be
powerful and conservative. E.g.:- customer products.
In light of the phase at which the item is in the PLC the advancement blend needs to
change. At the point when the item is in the presentation and early development
arrange, the assignment included are mindfulness creation and rousing item
preliminaries. The best promotion blend will comprise of attention, spreading data,
publicizing, consumer deals advancements and exchange advancements.
Budget availability:
Using each promotion tool ads to the cost. Hence, the budget availability with a
company has to considered while deciding the promotion mix. Companies with
limited resources will have to go for localized activities like dealer display, wall
paintings, and personal selling.
Company policy:
All the above mentioned considerations should fit in with the overall marketing and
promotion policy of the company, while deciding the promotion mix. Belief of the top
board in the part of elevation, the product market plan, and the type of commercial
image it wants to mission is reasons which are influencing the decision.
ADVERTISING
Propagation purposes
Publicizing capacities and shopping are set by advancing plans and techniques.
Publicizing program as Associate in Nursing indispensable a piece of the
advancement battle may have one or extra of the resulting explicit goals:
Attention is additionally called showcasing open connection. Exposure isn't paid for
by association. Exposure originates from news correspondents, feature writers and
columnist individuals. It comes to collector as reality instead of as a business.
Advertising & attention taken place together turn into the significant element of
advancement blend. These exercises square measure, in any case, not manageable by
the firm. Every firm attempts to make a decent advertising in order to give great
exposure.
Open connection have now turned into an imperative showcasing capacity. The all out
procedure of structure altruism toward a business endeavor and verifying brilliant
open picture of organization is called open connection. It makes a great climate for
directing business. There are four gatherings of public: customers, investors,
employees, the network. The advertisers ought to have the most ideal connection with
these gatherings.
Under the social showcasing idea, attention and advertising are accepting one of a
kind significance in the company's advancement blend. Industrialism is modifying
customer demeanors towards items, yet in addition towards the firm and merchants
selling the results of the firm.
Individual Selling:
Because of vender purchaser collaboration, individual selling alone can give prompt
criticism of data which empowers a sales rep to see appropriately the purchaser's
brain, his issues, his needs and his inclinations.
Deals Promotion:
Direct mail:
Post office based mail is any promoting sent via mail(postal transmission) including
direct mail advertisement, organizers, flyers, booklets, inventories and such. Regular
postal mail is the most close to home and specific media. It achieves just the ideal
prospects. It has least waste in circulation.The promoting duplicate can be entirely
adaptable. It has most extreme conceivable individual highlights even without
individual contact. It can give nitty gritty data about the item or administration,
making impression. Its adequacy is quantifiable. It can take any size, shape or
structure allowed by the mail station. It's anything but an immediate challenge with
the opponent's issue. Broad testing should be possible on the item, value, advance or
different factors before the whole mailing is conveyed.
Web MARKETING:
Web has upgraded the limited time blend and decreased expense of connecting for
millions. Before that there were more papers and pamphlets now the principle
instrument is web. Publicizing should be possible through TV, papers, radio, internet
and so on. Anyway being on an exacting spending plan the web is utilized similar to
the more affordable way. The utilization of web is apparent in the promoting in all
dimensions. With regards to pulling in new clients then the web is simple way. Clients
are welcome to the site on the off chance that they need to find out about a particular
item or administration.
Direct showcasing's most up to date structure is web based advertising, led through
corporate site pages giving clients data about items, financing and merchant areas
close by direct online deals. Web showcasing incorporates the utilization of
organization site related to online limited time strategies, for example, web crawlers,
standard publicizing, direct email and connections or administrations from alternate
sites to get new clients and give administrations existing clients that assistance build
up the client relationship.
With advertising expanding onto the web, customary financial aspects of-scale points
of interest in assembling, dissemination and showcasing to keep up low expenses and
in the meantime improving quality are reducing, as little enormous organizations act
and look huge.
PROMOTION PLAN
The promotion plan includes promotion mix activities like Advertising plan, Publicity
plan, Personal selling plan, Sales promoting plan these plans covers:
Targets
Objectives
Strategies
Appeal
Copy theme
Budget
Media schedule
Relevant
Practical
Advantages of innovation:
Segment ID:
In the event that your limited time procedure is approximately organized, it probably
won't be fruitful in focusing on the "right" group of onlookers. Having a full-evidence
and well-thoroughly considered limited time procedure can enable you to distinguish
distinctive fragments of purchasers in the market and offer appropriate answers for
your customers.
Advancement helps in expanding client traffic. The more you advance your image,
the more will the clients think about you and your organization and more will they
be keen on your items. Advancement should be possible even by giving out free
examples which does something amazing for clients! They attempt your item and
ultimately, come to you and make buys.
Role of Promotion:
Advancement is basically the alert that you sound to tell clients you exist and why
they should mind. Without utilization of advancements, your astonishing items and
administrations can't gather the enthusiasm of distracted and moving clients. At first,
publicizing, advertising, online networking, individual selling and different types of
correspondence are utilized to make mindfulness about brands and items. Ensuing
objectives incorporate picking up promoting share, getting clients to purchase and
developing income. The media you select and the message you figure are enters in
structure successful limited time systems that accomplish these correspondence
objectives.
LITERATURE REVIEW
11. Priya, Raghubir and Kim, Corfinan (1999) " researched whether value
improvements influence the pre-preliminary brand valuations by the general
population. They are of the supposition that value advancements influence
pre-preliminary brand assessments ominously in some particular conditions
i.e., when the brand has not been advanced before; when advancements are
utilized as a wellspring of data about the brand, when the evaluator isn't a
specialist; and when advancement is exceptional in the business
12. Yadav, S. Manjith and Kent, B. Monroe (1993) inspected purchaser's
impression of by and large reserve funds when they assess a pack offer. Their
outcomes demonstrate that extra funds offered specifically on the pack have a
more prominent relative effect on purchaser's impression of exchange an
incentive than investment funds offered on the group's individual things.
13. Guptha, Sunil and Lee, G. Cooper (1992) analysed shopper's reaction to
retailer's value advancement. Their examination demonstrates that customers
'rebate' the value limits. It likewise proposes that the limiting of limits and
changes in buy goal relies upon the markdown level, store picture and whether
the item publicized is a name brand or store brand. The examination likewise
researched the presence of advancement edges. They utilized trial information
and an econometric system to assemble observational proof that purchasers
don't change their expectation to purchase except if the limited time
markdown is over an edge level. This limit level varies for name brand to store
brand. Explicitly they found that the edge for a name brand is lower than that
for store brand. At the end of the day stores can draw in shoppers by offering a
little markdown while an expansive rebate is required for comparable impact
for store brand. The investigation likewise demonstrates the presence of
advancement immersion point above which impact of limiting on changes in
buyer buy aim is negligible. These outcomes guarantee clients S framed
reaction to advancements.
14. Inman,.J.JeBey et.al. (1990) examined the prevalent view that a few clients
respond to the special signs without thinking about relative value data.
Consequence of their examination demonstrate that low requirement for
comprehension individual responds to the straightforward nearness of an
advancement flag regardless of whether the cost of the advanced brand is
scaled down, yet that intense requirement for cognizance people respond to the
advancement flags just when it is joined by substantive value decrease.
15. Ajay, Karla and Mengxe, Shi (2001) analysed how a firm should plan an
ideal challenge to amplify its benefit through animating the sales reps'
exertion, particularly what number of salesmen should run grants and the way
the reward should be assigned between the champs. The outcomes is the
manner by which that business people groups apply lower exertion when there
are substantial quantities of members or when deals vulnerability is high.
Rank-Order competition is discovered better than Multiple-Winners challenge
design. All out number of victors ought to be expanded and the spread
diminished when salesmen are more hazard loath.
16. William, H. Murphy and Ravipreet, S. Sohi (1995) analysed the variables
which are related with salesmen's emotions towards a business challenge.
They gathered information through verbal conventions and overviews from
sales reps joy to a division of a Fortune one hundred firm. Results show that
sales reps' confidence, responsibility level, and profession organize assume a
job in affecting sentiments towards the business challenge
17. Timothy, J. Richards and Paul, M. Patterson (2005) contemplated the issue
whether a non-helpful balance can develop that produces edge over the
aggressive dimension with regards to that grocery store retailers settle on key
valuing choice in a high recurrence rehashed 'amusement condition both in
purchasing and selling fresh produce. Aftereffects of the examination
bolstered the presence of implicitly conniving non-agreeable harmony in
upstream and downstream markets
18. Jan-Benedict, et.al. (2005) addressed the inquiries how do contenders
respond to one another's value advancement and promoting assaults and what
are the purposes behind the watched response conduct? Consequences of
experimental examination demonstrate that the most overwhelming type of
contender's reaction is aloof in nature. The contender's response is normally
reformatory inside a similar instrument, i.e., advancement assaults are
countered with advancements and publicizing assaults are countered with
promoting. Increasingly over they contend that there region unit just a couple
of long outcomes of any type of response conduct.
19. Chu-mei, Liu (2002) in his examination endeavored to discover the impact of
different exercises including limited time exercises on buyer's decision of cell
phone marks in Philippines. Results demonstrated that purchasers relate data
about the specialist organizations with a mix of brand idea and unit use
adaptability.
20. Ashley, Layman (1994) contemplated the job of commercial and deals
advancement in expanding private interest for power. The outcome
demonstrates that publicizing is mainly educational, the new purchasers are
well on the way to be impacted, and that the viability of a given consumption
in invigorating normal per shopper request diminishes with the quantity of
clients to be come to
RESEARCH DESINGN
The promotion strategies is an activity that is designed to help boost the marketing of
a product or service. It is very important as it not only helps boost sales but it also
helps a business to attract a new customers while at the same time retaining existing
one. It can be done through advertising campaign, demonstrations and exhibitions,
award winning competitions, door-to-door sales, telemarketing, personals sales letters
and e-mails. Promotion is a reward making activity that influences people to buy and
consume the products of a marketer.
Nuetech Solar System Pvt. Ltd. Is playing big role in government projects and it has
good name in market, in order to increase their revenue they should concentrate on
advertise to individual customers.
METHODOLOGY ADOPTED
Research design:
In this project the research design is described and the sampling procedure, source of
data collection, field work and assumptions regarding the methodology are discussed.
The study overviews as well as the studies are also discussed here.
Research Method:
The study employs Descriptive research method. The data collected is original and
without manipulation
Sample frame:
The customers of Nuetech solar system’s private limited South Bengaluru.
Sample population:
Number of customers in Bangalore south (sunkadakatte)
Sample size:
The sample size is fifty.
Sampling technique:
Convenience sampling the information is collected from the customer of the
organization
Questionnaires Design
The survey questionnaire should not viewed as a stand-alone tool. Along with the
questionnaire there is field work, rewards for the respondents, and communication
aids, all of which are important components of the questionnaire process
Hypothesis
Ho: There is no significance difference between age and solar products buying
behavior of customer.
H1: There is a significance difference between age and solar products buying
behavior of customer.
CHAPTER SCHEME:
CHAPTER3: It has procedure of research design including objectives, needs for the
study scope, hypothesis and limitations of the study.
CHAPTER5: It deals with findings, conclusions, and suggestions of the research, and
also the report references are added on BIBLIOGRAPHY and questionnaire has been
added on ANNEXURES.
1) Age of Respondent?
ANALYSIS:
The above table shows the age of respondents to answer the questionnaire. 72% of
respondents are between age of 21- 30, 14% of respondents are between age of 31-40,
08% of respondents are between age of 41-50%, 06% of respondents are between age
of 50 or above.
80 72
70
60
50
40
Age group
30
20 14
8 6
10
0
21-30 31-40 41-50 50 Above
INTERPRETATION:
According to the survey above graph portrays that 8% of respondents falls between
41-50 above age who concentrate more on solar products purchasing. Hence it is
suggested to target more customer who falls in to this age group to increase demand
2) Gender of Respondent?
Male 30 60
Female 20 40
Total 50 100
ANALYSIS:
The above content of the table depicts the gender of the respondents. 60% of
respondents are male and 40% respondents are female.
60
60
40
40
20 Gender
0
Gender
Male
Female
INTERPRETATION:
According to the graph which explains 60% of male respondents are compare to
female by which we can conclude that maximum purchasing decision of solar
products will be taken by male according to survey, hence we have to target the
customers who makes final decision in purchasing.
3) Occupation of Respondent?
Professional 05 10
Business 07 14
Employee 30 60
Others 14 16
Total 50 100
ANALYSIS:
The above table indicate about occupation of the respondents. 10% of respondents are
selected professional, 14% of respondents are selected business, 60% of respondents
are selected employee, 16% of respondents are selected others.
Professional
Business
Employees
Other
INTERPRETATION:
According to the survey graph depicts 60% of respondents of from employee category
by which we can conclude that employee may fall into employee and takes
purchasing decision compare to professionals, Business and others. Hence it is
preferable to target employees to enhances demand.
ANALYSIS:
The above table tells the respondents perception level towards the satisfaction with
the neutech solar product ,28% of respondents are selected very satisfied, 04% of
respondents are selected dissatisfied , 28% of respondents are selected neither
satisfied nor dissatisfied , 40% of respondents are selected satisfied,
satisfied
Niether
Satisfids
Dissatisfied
Very dissatisfied
0 10 20 30 40 50
INTEPRETATION:
According to the Survey 40% of respondents have been satisfied neutech solar
product is strengthens image of company, promotion is process marketing
communication which conveys the benefits about the product by this the customer can
easily attract towards the satisfaction of product.
ANALYSIS:
From the above table can come to know that 08% respondents are says insta-etc-
copper, 42% of says jalsun-etc, 20% of says sunpot-etc, 18% says solar
photovoltaics,12% of says water purifier
12 8
18 insta
42 jasun
20
sun pot
solar
watwe
INTERPRETATION:
The above graph shows that majority of respondents prefer Jalsin model because the
company has to maintain good promotion strategies like Loyalty gift, Extra offer,
Price offers to create demand in the market.
ANALYSIS:
From the above table come to know that respondents are first discover the nuetech
solar products , 30% of respondents are selected advertising, 26% of person to person
conversation, 28% of tele callers , 10% of dealers,06 %of others
Others
Dealers
Person to person
Advertisement
0 5 10 15 20 25 30
INTERPRETATION:
According to the graph 50% of respondents falls in to the publicity which state that
the company should improvise other medias of promotion our products to more
population.
ANALYSIS
From the above table we come to know that 12% of the people responded that they
are with the company less than a year, 62% of the people are between one to four
years, 20% are with the company with between five to seven years, and 6% of the
respondents are with the company more than 8 years.
GRAPH 4.7 Show how many years have been with the company
80
60
40
20 Series 1
0
less than year Series 1
1-4 years
5-7 years
more than 8
ANALYSIS:
The above table tells the respondents perception level towards the promotion
activities,26% of respondents are selected Excellent, 54% of respondents are selected
good, 14% of respondents are selected fair, 10% of respondents are selected poor.
60 54
40
26 Series 1
20 14
6
Series 1
0
Excellent good fair poor
INTERPRETATION:
ANALYSIS:
The above table will be explaining that respondents are frequently visit company,
10% of respondents are regularly , 36% of respondents are some times,34%
respondents are rarely,20% respondents are never visit
GRAPH 4.9 Shows frequently visit neutech solar systems pvt ltd
40 36
34
35
30
25 20
20 Series 1
15 10
10
5
0
Regylarly some times rearely never visit
INTERPRETATION:
10) How effective promotional tools are these for nuetech solar systems pvt ltd
ANALYSIS
The above table will be explaining that out 50 prespondents , 10% of respondents are
felt that extremely effective , 30% of respondents are felt that very effective,34% of
respondents are moderately effective , and 16%, and 16% respondents are felt slightly
effective and not at all effective respectively
not at all 10
sligtly 16
moderately 34 Series 1
very effective 30
Exctremely 10
0 5 10 15 20 25 30 35
INTERPRETATION:
From the above chart we can understand that the most of the respondents are not
satisfied with tools used by the nuetec solar pvt ltd, so that company as to improve
the promotional strategy
11) Do you think promotion through social media will be helpful for the nuetech
solar systems pvt ltd?
Yes 46 92
No 4 08
Total 50 100
ANALYSIS:
From the above table can come to know that 92% of respondents are consider yes,
08% of respondents consider no.these are information have providing in this table.
3.2
Yes
No
92
INTERPRETATION
From the above chart we can understand that the promotion through social media is
help full for the organization.
ANALYSIS
From the above chart out of 50 respondents, 8% of respondents are strongly agree
with the techniques is more effective in promoting product and 48% of respondents
are agree with that and 26% respondents are neutral followed by 14%,04%
respondents are disagree and strongly disagree respectively.
GRAPH 4.12 Show technics are more effective for promoting product
26 strongly agrre
agree
18 4 neutral
14
48 disagree
8
strongly dis
INTERPRETATION
13) If Nuetech solar systems pvt ltd is to be endorsed by celebrity will it affect
your purchasing decision?
Definitely 13 26
Probably 27 54
Not sure 07 14
No 03 06
Total 50 100
ANALYSIS
From the above chart out of 50 respondents, 54% respondents said that the celebrity
are influence the purchasing power of the customers, and 20% respondents are
strongly disagree with that and 20% respondents are confusion on that.
100
54
50 26
14 Series 1
0 6
definitly Series 1
probably
not sure
not sure
INTERPRETATION:
According to the survey 54% of respondents as told probably yes. As for the some
people do not like celebrities so it is very difficult to attract such people instead of
taking celebrities for the promotion can use some sports person, social concern
person, Handicapped Person by using those people it gives lot of feel for the customer
then the product can build its image in the market.
14) Do you think discount given by the Nuetech solar systems pvt ltd is effective
your purchase decision or not?
ANALYSIS
From the above chart out of 50 respondents, 48% and 28% respondents are said that
discount will influence the purchasing power of the customers and 12% and 10%
respondents are disagree with that and 02% respondents confusion on that.
GRAPH 4.14 Show the discount given by the Nuetech solar systems pvt ltd
strongly disagree 2
disagree 12
Series 1
neuteral 48
srongly agree 10
0 10 20 30 40 50
INTERPRETATION:
According to the survey 48% of respondents are attracted towards discount offers
made by the company and Hence it is preferable for company.
ANALYSIS
From the above chart out of 50 respondents, 18.4% respondents are said that orb
energy pvt ltd has better advertisement stratergy followed by 20,4% , respondents
said that bunt solar india pvt ltd and 44.9% respondents said that Nuetech solar
system pvt ltd and 16.3% respondents are said that the supreme solar pvt ltd.
60
44.9
40
18.4 20.4
20
16.3 Series 1
0
Orb Series 1
Bunt
Nuetech
supreme
INTERPRETATION
16) Do you agree that promotion would strengthen the image of Nuetech solar
systems pvt ltd?
ANALYSIS:
The above table reveals that 16.3% of respondents are accept that strongly disagree ,
24.5% of respondents are accept that disagree , 32.7% of respondents neutral, 24.5%
of respondents are agree,2% of respondents are strongly agree.
GRAPH 4.16 Show the promotion would strength the image of Nuetech solar
company
32.7
strongly dis
disagree
26.5 24.5 neutree
agree
24.5
strongly agree
2
16.3
INTEPRETATION:
According to the Survey 50% of respondents have been agreed that 32.7% of
respondents neutral promotion is strengthens image of company, promotion is process
marketing communication which conveys the benefits about the product by this the
customer can easily attract towards the product.
Hypothesis
Ho: There is no significance difference between age and solar products buying
behavior of customer.
H1: There is a significance difference between age and solar products buying
behavior of customer.
Age group of customers and solar products buying behaviour used Cross tabulation
Person to
person Tele
Advertisement conversation Callers Dealers Others Total
41-50 3 3 2 3 2 13
50 &
2 0 5 0 0 7
above
Total 15 13 14 5 3 50
Chi-Square Tests
N of Valid Cases 50
Interpretation-
According to the data derived from the given table, the statistical Chi-square value is
26.170, which is more significant and higher than the table value (0.005) and as a
result null hypothesis is rejected and alternate hypothesis is accepted.
Result: There is no significance difference between age and solar products buying
behavior of customer.
SUMMARY OF FINDINGS
Found that Promotional mix is the best communication process to know about the
product and services and Promotion create interest of products, persuade, remind
and influence to consumers.
Nuetech solar systems pvt ltd is a existing since last 25 years, it provides lot of
services in solar industry, its solar product are popular and now a days it create a
brand image because of good quality maintained.
In print media, daily newspapers are more convenient and dealers call services is
the best information technology to reach the customers.
According to survey face to face conversation is the best method to reach the
customer response about solar product.
A demand for the product is increasing customer feels that discounts and offers
are required sometimes to attract the more number customers.
The advertisement and business promotion of Nuetech solar systems pvt ltd there
increase in year to year. Because of the company is to increase potential customer
in the solar market.
The Nuetech solar systems pvt ltd will have great promotion technique that shows
that create brand image in the business sector that demonstrates the promotion
media is extremely viable limited time instrument for this organization.
Nuetech solar systems pvt ltd have planned to purchasing 140 community water systems in
estimates 2 crore Rs and also plan to install 3 M.W Photovoltaic systems.
The organization advancement action is all the more effective in light of the fact that they
keep up clients at great level by their deals and administrations.
5.2 SUGGESTIONS
Company has to organize more promotion tools so that it can compete against its competitor
and can build its brand image.
Revenue from the operation of the company want to be increased so that they should take
steps in increasing sales, providing more good quality advertisement about the company so
that it will increase its operation.
The company is lacking to introduce new technology which result in the low production
level.
Nuetech solar systems is not using new technique of attractive prices to product so they
should take the proper precaution.
The company has spent money on the promotion activities which is good to the company
because when sales value is going down. There is need of spending money on the promotion
activities to create good position for the company in the market.
The company has to additionally improve the giving the more offers, hence it create more
demand for the product in the market.
Now a days MNRE(Ministry of New and Renewable energy),In India provided up to 30%-
40% subsidy and also NABARD (National bank for Agriculture and Rural development) up
to 40%-50% to provided subsidy rural and urban area and remaining cost also eligible for
Bank loan with use of this information the company also promote the solar product to
informed the people for purchase.
5.3 CONCLUSION:-
From the reports , I come to know that Nuetech solar systems pvt ltd is a reputed organization it
has 25 years existing history as it has strong brand image and good quality maintained.
As per the feedback from the respondents, Nuetech promotional strategies play an important role
in promotion of products and services. Apart from publicity, other promotional activities like
sales promotion, personal selling, Direct marketing, extra offers are attractive.
Report says that apart from advertising, point-sale-atmosphere, spokesman, Special event,
product display shelves do not reach to all of the respondents, and advanced promotion essential
for the products.
According to feed back many of the respondents are not aware of the company products so
company conduct various promotion
campaigns in such way that customers should show interest to attend campaigns and advanced
promotion is necessary to reach wide range of customers.
The over all report reveals that Promotional strategies of the company over period is good and
there is scope for further improvement in the coming years.
BIBLIOGRAPHY
BOOKS:
S.A Sherlekar
S.A Sherlekar
P.N Reddy
H.R Appannaiaah
WEBSITES:
1) Company websites
www.nuetechsolar.co.in
www.Nuetechsolar.com
2) Other websites
www.google.com
www.wikipedia.com
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