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“How can PEL become market leader in refrigeration industry? ”. “How can PEL become market leader in refrigeration industry? ”. bACKGROUNd. Main goal Why company lags behind Competitors Research variables . INTRODUCTION. Problem. How can PEL become market
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“How can PEL become market leader in refrigeration industry? ”
“How can PEL become market leader in refrigeration industry? ”
bACKGROUNd • Main goal • Why company lags behind • Competitors • Research variables INTRODUCTION
Problem • How can PEL become market • leader in refrigeration industry INTRODUCTION
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. objectives • To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. INTRODUCTION
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. methodology • Secondary Research • Qualitative Research • Survey Research Research methodology
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. Secondary research • Target Market • Positioning • Product Strategy • Pricing Strategy • Promotion • Distribution Strategy • Customer Services Research methodology
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. Secondary research • Target Market • Positioning • Product Strategy • Pricing Strategy • Promotion • Distribution Strategy • Customer Services Research methodology
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. qualitative research • Consumers • Technology & Features • Pricing • Advertising • Positioning Research methodology
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. Survey research • Buying Behavior • Performance of Refrigerator/s, • Consumer Requirements • Price Sensitivity • Advertising • Demographic Questions • Sample Size Research methodology
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. Brand usage • PEL 32% • Dawlance 38% Results
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. Who purchase • Head of family 40% • House wives 22% Results
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. cooling • Participants satisfied with cooling • Excellent cooling 54% • Good cooling 22% Results
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. noise • Only few participants reported • Noise problem • Noise problem 24% Results
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. Exterior styling • Almost all participants were • satisfied with exterior styling • but few of them were • dissatisfied Results
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. Reliability • Most of participants termed refrigerator for reliable Results
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. shelves • Most of participants want more then three shelves Results
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. height • Appropriate height for the refrigerator is 5 feet 8 inch Results
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. boxes • Majority of the research respondents have expressed desire of two or more boxes Results
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. color • Majority of the research respondents want black and white color Results
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. cooling backup • Almost all respondents agreed with having cooling backup Results
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. Price considering • Almost all respondents consider price of refrigerator before purchasing Results
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. Price • Majority of respondents identified Rs:20000 to 25000 • as ideal price Results
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. Brand recall • Majority of respondents reported Dawlance with the higher brand recall then PEL Results
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. limitations • Time constraints • Budget constraints • Biased Sample • Non Serious Response of Participants PEL
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. PEL conclusions
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. recommendations • Refrigerator with Cooling Backup • Introducing refrigerators in variety of Colors • Refrigerator with wide shelf Spacing • Revising prices of refrigerators PEL
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. recommendations • Revising prices of refrigerators • Changing design of Refrigerators • Customization of refrigerator boxes & • shelves. PEL
To find out the reasons why PEL lags behind current leader of refrigeration industry, Dawlance, in terms of market share. • To suggest corrective measures through which PEL can become leader in refrigeration industry in terms of market share. recommendations • Advertising throughout Year • Highlighting useful features of refrigerators • in advertisements PEL