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ACKNOWLEDGEMENT
wish to make a modest effort to thank and express our gratitude to all those who
I place our sincere gratitude to Mr. Swarup Roy for giving us the opportunity to
work with the organization. And also for his constant encouragement and personal
involvement which far exceeded that of mere guidance and also Mr. Retesh
Srivastava and Mr. Asheesh Tiwari , who helped and inspired us and without
whose help this project would not have taken its current shape.
Finally I thank all our friends who provided us with extremely important
information regarding the literature related to this project and also informed us
SAHIL LODHA
PGP EBA+MBA
EMPI B-SCHOOL
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CONTENT
1. General Introduction 6
1.1 Introduction 6
1.2 Market Research 6
1.2.1 Qualitative Research 7
1.2.2 Quantitative Research 8
1.3 Market research for business 8
1.4 History of Market research 9
1.5 Indian Market research 17
2.1 Introduction 22
2.2 Objectives of the project 24
2.3 Need of the project 25
2.4 Scope of the project 26
2.5 Managerial usefulness of the project 27
4. Research methodology 58
4.1 Objective 58
4.2 Research design 58
4.3 Data collection sources 60
4.4 Stages in the research study 61
4.5 Sources of data 62
4.6 Data collection 62
4.7 Data collection instruments 63
4.8 Sampling plan 63
4.9 Assumption of the project 64
6. Limittions 118
8. Bibliography 124
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9. APPENDIX 126
CONTENT OF TABLE
CONTENT OF CHARTS:
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EXECUTIVE SUMMARY
The project talks about the” assessment of market prospects and acceptability of
Pultruded fiber glass”. The first few pages talk about the introduction and objectives
of the study. This is followed by literature review with details about market research.
Next comes the survey, the purpose of which is to study the pre-purchase behavior of
the consumer and acceptability of product in the market. The last part consists of
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CHAPTER – 1
GENERAL INTRODUCTION
1.1 Introduction
Initially we only cared about the overall win/loss record. But as time progressed we
realized we could use the data we had collected as a basis for optimal market
research. India is developing at rapid pace and in this fast changing scenario.
technology. India's software and web development market is booming and gaining its
attention for offering excellent offshore web outsourcing services. Today the world is
viewing India as the next major hub of world-class web solutions to improve and
increase their online businesses profit to a large extent. Effective data analytics that is
Research. More correctly, Market Research is the study of market places - and the
investigation of who buys products or services, how these people are characterised,
and how these people can be reached via advertising or other media.
Marketing Research is perhaps a more precise term because it embraces the above,
but also incorporates questions about how people think, and behave - and what
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analysis of market demand either for a new product, or for existing products, as well
In general terms market or marketing research are divided into two main schools or
approaches.
1: Qualitative Research.
2: Quantitative Research.
Both of these approaches are mostly focused on the people who make up the market
(the consumers) though studies may look at the nature and shape of the market itself
(scoping out the number of industry players for example) and may in "business to
Qualitative Research is a form of social sciences and marketing research that seeks
to explore a phenomenon or experience in order to discover and put into language its
general nature, or -- depending on the researcher and her/his topic and goals to either
build or test theories of human behaviour, opinion, motives or attitude through the use
This is quite distinct from quantitative research which generally relies on scientific
sampling, survey research methods and the overt translation of human actions,
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Market research is for discovering what people want, need, or believe. It can also
involve discovering how they act. Once that research is completed, it can be used to
Questionnaires and focus group discussion surveys are some of the instruments for
market research.
• Market information
Through Market information you can know the prices of the different
commodities in the market, the supply and the demand situation. Information
about the markets can be obtained from different sources and varieties and
formats.
• Market segmentation
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• Market trends
market size is more difficult to estimate if you are starting with something completely
new. In this case, you will have to derive the figures from the number of potential
But besides information about the target market, you also need information about
your competitor, your customers, products etc. Lastly, you need to measure marketing
• Customer analysis
• Choice Modeling
• Competitor analysis
• Risk analysis
• Product research
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1820 Florence Nightingale 1820-1910. And you thought she was ‘just a nurse?’
statistician and her use of sound data to measure the effectiveness of modern
her reports were often criticized as not being "dry" enough, because ’Statistics should
be the driest of all reading’. In 1858 she was elected as a fellow of the Royal
Statistical Society and in 1874 the American Statistical Association elected her an
1824 First recorded “straw polls.” The expression "straw poll" comes from an old
saying, "straws in the wind." Farmers would throw a handful of straw into the air to
see which way the wind was blowing. In the 1820s, US-based newspapers began
doing simple polls in the streets to see how the political winds were blowing.
1857 Karl Pearson. 1857-1936. Born in London, Pearson was one of the fathers of
modern statistics. In 1893 he coined the term “Standard Deviation” and his initial
fame as a statistician came from his work on skew curves: work that impacts directly
1906 - 1969. Albert Hadley Cantril. An early believer in the power of opinion
polling, Cantril more than anyone wove together the threads of public opinion and
political opinion - using his public opinion expertise to the benefit of several
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Opinion Quarterly.
the USA in 1937 By the 50s became the "Father of Motivation" a a leading proponent
study of the agricultural implement industry results in a brief 460 page report, which
is said to be the first ever formal marketing research study. He is the man who coined
the phrase: "The customer is King." The Parlins,: Incidents trivial and otherwise in
the lives of Charles Coolidge Parlin and Daisy Blackwood Parlin by Charles
Coolidge Parlin
1929 Methodology gets Formalised. William J. Reilly adds to the growing body of
1931 And a field guide to the public. Percival White in 1931 publishes a manual for
1932 Vox Pop. George W. Gallup joins Y&R as director of research and develops a
1932 Rensis Likert invents the Likert Scale. Do you Strongly Disagree, Disagree,
Rensis Likert (1903 – 1981) who in 1946 became Director of the Institute for Social
1936 Poll shock! David takes on Goliath. George Gallup adds more rigour to survey
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methodology to give us the modern era of political polling. Literary Digest’s wealthy
readers are polled and predict a landslide for Alf Landon. Gallup’s poll - with a much
smaller but more scientific sample correctly calls it for Franklin Roosevelt.
1938 Turn it up! In the USA, Radio surpasses magazines as a source of advertising
revenue.
1940 Mars attacks! Well, Orson Welles did in 1938, and the 1940 study of the
1941 The invention of the focus group. By the late 1930s researchers were worried
that highly directed interviews might effectively define the agenda of the research
colleague Paul Lazarsfeld, pioneered the use of the Focused Interview - and applied
this to groups.
Research is created after a gatheirng of top guns invited by Harry H. Field of the
1948 The year Gallup got it horribly wrong. Dewey wins? The polls thought so, but
Gallup didn’t realise that closing off polls two weeks before the vote might miss some
action. Voters were more volatile than he thought. The Truman surprise: in the
election of 1948, Harry Truman fooled pollsters (and almost everyone else) when he
beat Thomas Dewey to win a full term in ... : An article from: New York Times
1951 Invention of the first commercially available computer - the UNIVAC. The
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age of punchcard data analysis is born. It takes off with the invention of FORTRAN
language in 1954.
1952 The box in the corner. The Advertising Research Foundation endorses A.C.
1955 The Early Adopter concept. Elihu Katz & Paul Lazarsfeld. Elihu Katz and
use of mass communication. The book challenged mass communication theorists who
media. The book launched the "two-step flow" theory of communication which
1957 Birth of the savvy consumer. Vance Packard’s "The Hidden Persuaders," a
potent attack on advertising, is published. It stays on the bestseller list for 18 weeks.
factor analysis to explore how people differentiate between the meanings of words.
dimensions are Evaluation, Power, and Activity. Osgood published The Measurement
1969 Positioning himself as a guru? Marketing expert Al Ries uses the term
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’positioning’ in the way we mean it today, and helps add another dimension to the
"awareness" survey.
1971 Heavy mathematics. Frank M. Bass et al, publish Mathematical Models and
Methods in Marketing. Bass is today considered one of the Market Research greats: a
Hall of Famer.
1977 Invention of the Box & Whisker Plot. John W Tukey was a giant in statistics
who was bothered by how raw numbers can hide the real story. He was also
computers to make statistical work more visual and informative. The Box & Whisker
Plot (or error bars) allows us to see the mean score, as well as the distribution of
scores around the mean – as well as the outliers. A cool charting device. Incidentally
he coined the word: "Software" in the 1960s. The Collected Works of John W. Tukey:
1981 A few clips around the ear. MTV debuts and changes the nature of TV and TV
commercials.
1981 IBM launches its first PC. It isn’t the first desktop computer, but it does put
and deeper analysis are made possible. Perhaps this was really the invention of the
late night for researchers - who could now type their own reports, prepare their own
1999 Internet advertising breaks the $2 billion mark and heads toward $3 billion.
1999 The world is listening. Gallup Organisation opens a TV studio so it can beam
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Qualitative Research is widely used today in market research. Many of the dominant
in the 1920s) and developed during one of the golden ages of research methodology
development - the 1940s and early 1950s - primarily from studies that stemmed from
Many of the significant studies of this period were undertaken by the Columbia
was a dominant force in the qualitative story, but not the only influence. University of
Chicago’s Social Research Incorporated (SRI) also did much to use techniques from
quantitative questions such as: "How many people buy cheese?" but on marketing
questions: "how can we convince more people to buy cheese?" This was often called
"motivational research."
For early thinking on interviewing practice and focus groups one source to see
Even so, by the late 1950s, qualitative was generally in the shadow of quantitative
research. It was an age Positivism if you like, of the rational marketer and the rather
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cohorts. At the same time was a surge of what might be described as neo-Freudian
A critical but fairly accurate precise of the practices of these times can be found in
Vance Packard’s 1957 best-setter; The Hidden Persuaders - a critical populist essay
on how advertisers are reading into our minds. "We’re moving into the chilling world
Of the two competing schools, perhaps Lazarsfeld’s Columbia School has had the
Qualitative research enjoyed a renaissance in the 1960s and 1970s with the
growing belief that quantitative research, alone, was inadequate as a tool to uncover
the subconscious layers of human thought and opinion. This era in qual coincided also
with the growth since 1967 of cognitive psychology - (see Ulric Neisser,) at least in
The 1970s might therefore be seen as a period in qualitative research when competing
But for all this liveliness, the history of qualitative research has been poorly recorded
- and we certainly welcome input in this Wiki page. If the history was poorly passed-
on, so too was the DNA that defined pertinent qualitative research. To quote Hy
Mariampolski: "[by the 1980s] the honeymoon lasted only a short time. Many focus
reasoning and research." f (scoping out the number of industry players for example)
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An extensive Market Research Indian company like ours collects all the queries of the
marketers, providing market Research Agency with the required information’s for a
smooth journey through the phases of the process of marketing. Data analytics Indian
services provide an accurate and quality research output by being totally reliable &
providing competitively superior analysis that require rapid, time-certain and cost
effective delivery.
research, channel and retail research, product and packaging research, brand research,
research.
India Market Research gives an idea of the business and the consumer market
accelerating the way to development and profit maximization for the country. An
extensive Market Research in India caters all the queries of the marketers, providing
them with the required information for a smooth journey through the phases of the
point to begin.
Of the specialist market research and consulting firms giving excellent reports,
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helping the Indian and international companies as well as the multi-lateral agencies,
the IMRB International is the ground breaker in Indian Market Research. Some other
• Delphi
• ORG-MARG
• MRUC
• NFO
The main areas covered by these market research firms are the fields of B2B and
industrial research, social research, media research, brand research, corporate and
employee research, channel and retail research, product and packaging research,
The market research reduces the risk of investment and helps to lean on the target
market. Market analysis and research is thus the most important instrument for
will depend on well-informed business partners, good planning and regular follow-up,
Experts of the market research industry feel that the future and scope of outsourcing
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various software or web development services is bright and India is definitely one of
the emerging names that rank high in IT and web service sector.
8. Final action
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CHAPTER – 2
INTRODUCTION TO THE PROJECT
Building and construction sector in India is quite complex with various segments like
users, influencers (architects, interior designers etc.), builders and contractors, raw
material manufacturers, distributors and retailers etc. interplaying with each other. A
variety of materials is used in building and construction sector, the usage of which
Windows and doors form an integral part of any building. They serve many-fold
doors and windows with a frame and a shuttering. The figure below depicts such a
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The frames of these windows and doors can be made of different materials like wood
etc. All of these materials have different properties in terms of thermal stability,
strength, insulation etc. which differentiates them and make them suitable for
different applications. The shuttering is usually made of glass but can be made of
Properties of
Timber
Glass
Vinyl
Interpretation
Materials
Conductivity (w/m.K) 0.6 0.5 0.5 1.5 1000 Lower value is desirable
Yield Strength (MPa) 414 53.8 55 --- 110 Higher value is desirable.
Modulus of Elasticity
24 8.2 3.4 --- 69 Higher value is desirable.
(GPa)
Lower Value, and one at
Thermal Expansion 0.5 3.5 4 0.5 1.5
par with glass, is desirable.
The table above shows that fiberglass is one of the best materials which can be used
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PFG
The objective of this study is to assess the market prospects for Pultruded Fibre Glass
windows and doors, to provide cues for market entry strategy and to ascertain the
materials.
After understanding the local market and having the general idea about the pultruded
fibre glass and new development in the door and windows, specific methodology was
used in order to asses the consumer’s prospects about the product and to find the right
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The purpose of the project is to develop and offer the product according to customer’s
requirement after studying the market. It is the customer’s satisfaction that would in
turn make the product successful in the market. The project laid emphasis on
understanding the factors influencing the consumers buying decision in the ‘Indore’
region.
The project study will provide cues on market entry strategy to the company and
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The company through the research and effort would be able to get the
acquaintance of the market & acceptability of the product in the market. The project
also gave the clues about the market entry strategy to the company. This project
satisfaction.
The basic idea behind the research process was to suggest the factors which
influence the most while buying the product and acceptance of the new development
in the product.
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• This project enables the managers as well as the other key personnel to
• The product offering will be designed from the customer point of view and
• The manager will find out the lacuna in the process of providing the best
• The improvement process will be synergized with the support of the research
findings.
• The sales people will be beneficiated by the research findings in designing the
sales process.
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CHAPTER – 3
PROFILE OF THE ORGANISATION
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Established in 1971 and with over three decades of market research experience,
group of international market companies such as the British Market Research Bureau
thirteen cities in India and has associate offices in Sri Lanka, Bangladesh and Nepal.
The 500 member strong IMRB International promises high quality conceptualization,
strategic thinking, execution and interpretation skills on all its clients' research needs.
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IMRB International is the only research company in India today that offers the entire
range of research based services to its clients. IMRB International's specialised areas
marketing and rural marketing. IMRB International is the market research wing of J
Walter Thompson (JWT) - the leading advertising agency in India. JWT in turn
belongs to the Kantar Group, which in turn is a part of the WPP Group - the largest
The Kantar group was established in 1993, a London based holding company
the world's largest survey organization and is ranked 3rd overall. It comprises three
Media Research and four regional ones - BMRB International, IMRB International,
Goldfarb and Winona. Each is a leader in its own area of expertise or specialization.
The research studies in over 130 countries. The Kantar group specialized in:
Tracking studies
International research
Predictive modelling
Media measurement
Strategic research
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Customer handling
The world's first global brand communication company that provides its clients with
both short term sales success and long term brand value. J.Walter Thompson was
founded in 1864, with 246 offices globally and more than 9200 employees. JWT's
proprietary planning process, Thomson total branding in now installed in all offices
Research International is a world's largest custom market research agency. It has more
offices in more than 50 countries and has an experience of working in over 130
countries.
Category Management
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Consumer strategy
Customer Relationship
Service measurement
Lanka (Lanka Market Research Bureau) and in the Middle East (Arab Market
Myanmar.
IMRB International has been offering over 30 years of specialist research services
to clients in India and overseas on products and services covering the entire gamut
of business and industry. IMRB International today, operates out of its five full
service offices in Mumbai, Delhi, Calcutta, Chennai and Bangalore and is supported
by 15 other regional centers for collection of survey information that literally span
the entire country. IMRB is able to provide the highest quality of professional
services to the utmost satisfaction of clients which include the small medium and
large scale industries, the government and public sector units, multinational
corporations and international companies that are eyeing the highly promising
Indian market. To serve the diverse needs of clients, IMRB also have five specialist
units:-
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group@IMRB International
Probe Qualitative Research is one of India's leading qualitative research groups and
has executives specially trained in India and overseas in qualitative research methods.
The Social and Rural Research Institute specializes in social research and in
conducting research on emerging rural markets. It has staff with special expertise in
conducting Knowledge, Attitudes & Practice (KAP), Studies on health and sanitation,
The Media and Panel Group of IMRB International is a pioneer in the field of media
research in India. It has been conducting the National Readership Surveys in India
since 1978. It has been running India's only Television Rating Program (TRP) since
1986, the year in which television went commercial in a major way. It has also
Global Network and is the first such specialist organization in India with an exclusive
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Business & Industrial Research Division (BIRD) and the eTechnology Group@IMRB
markets, the need for research based consultancy services was demanded of IMRB
International. IMRB International spun off the Business & Industrial Research
Division to meet the growing and changing needs of the industrial marketer. Over a
technology and the convergence of these technologies has given the eTechnology
Divisions In brief:
3.2.1 PQR:
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Probe Qualitative Research (PQR) was established in 1979, in the belief that
From its inception PQR has been associated with leading international qualitative
organization in the country. PQR provides research which is analytical and actionable,
seeking to resolve particular client problems and questions and providing future
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3.2.2 SRI:
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The Social and Rural Research Institute (SRI) was set up in 1990 with the
objective of establishing a specialist unit to give focus and identity to two aspects of
research that IMRB International had, in fact, been actively involved in for several
years, namely, social research and research of and for rural markets.
techniques. In addition SRI approaches each research subject with an open mind and
adapts market research techniques to suit the special requirements of illiteracy, poor
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SRI has two distinct missions that guide its operations: To study social issues with
set up databases and research expertise with regard to marketing in rural India , where
hitherto there has been a paucity of data. SRI guided by its mission specializes in
conducting Social research and rural research. Social research deals with research on
causes and issues that can contribute to action which would bring about social
research in, of and for rural areas, both for social issues as well as for rural marketing.
SRI takes pride in having the resources to conduct data collection in almost any part
of the country. It can undertake nation wide surveys almost simultaneously and much
faster than others. In last three years, we have undertaken four nation wide surveys
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IMRB International has been a pioneer in conducting large scale Media and
continuous panel research in India. It has historically been associated with the
National Readership Surveys (NRS) conducted in India since 1978. The Television
Rating Points System (TRP) from IMRB International is India's only continuous
Television Audience Measurement service since 1986, the year in which television in
India went commercial in a major way. The TRP ratings are the official "currency" for
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air time transactions in the country. Currently, the TRP Diary System is in the
Measurement System has been awarded to the joint venture company being set up by
Panel Research Group also operates Consumer Purchase Panels in both urban and
rural India which monitors the purchase of FMCGs, toiletries, personal products and
3.2.4 CSMM:
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specialist unit of IMRB International and the exclusive member of the Walker
of IMRB International, CSMM provides the widest field coverage with five full
service offices and 13 field offices in Delhi, Calcutta, Mumbai, Chennai, Bangalore,
Lucknow. CSMM services clients in India and neighbouring countries (Sri Lanka,
Bangladesh, Pakistan and Nepal) and this diverse network has made CSMM the
leading provider of stakeholder products and services in South Asia. As the exclusive
member of the Walker Information Global Network (WIGN) in South Asia, CSMM
uses the proprietary tools developed by Walker Information, the recognized pioneers
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network offers the world's most thoroughly tested and proven system and also
all levels. Working with over 80 clients from diverse sectors, including financial
enhance customer loyalty amongst both end customers and trade channel customers
as well as to build employee commitment. CSMM offers a team of highly trained and
multinational companies, across various sectors and are equipped to give you
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Oil and Gas: Higher-end telecommunication services and products for business use
including products and services for integrated networking of voice and data products
and services that enhance productivity and efficiency of offices such as copiers,
The steel sector both for measuring quality of service as well as recommending an
appropriate product mix in the emerging private enterprise scenario Chemicals and
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"It took 50 years for the world to have 50 million telephones and only 5 years for
to come to India for sometime now. In fact, India today is like the US was some three
policy-related, while the hardest combine all three aspects in any country. "What you
know is wrong!" Today, that may be the easiest advice anyone can give about
technology market. Even the experts are constantly caught by surprise, How far
things are estimated right? It is the continuous link with the industry and constant
monitoring that has given a few the capabilities of understanding the movement of
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International can dare claiming that it is probably one of the very few groups that has
constantly monitored the technology market and actually estimated this difficult
Telecom
Cellular Phones
Cordless telephones
EPABX
Facsimile machines
FM-RDS Pagers
Internet
Leased lines
Transceivers/Two-way radios
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Videotext services
Video conferencing
Voicemail
IT/Internet
PC
Servers
Networking devices
Peripherals
UPS
Packaged software
ISPs
B2C services
Ecommerce sites
Ever since its establishment in 1971, IMRB International has been the pioneer in
conducting market research exercises for several sectors. Today, there is hardly any
sector that IMRB International hasn't researched. From potato wafers to PCs,
cigarettes to cellular phones, alcohol to air conditioners and bubble gums to big-sized
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Alcohol
Automotive
Consumer Durable
Household Care
Tobacco
The depth and breadth of services that we provide are extensive and includes research
Brand Research
Pricing Research
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Following are few profiles of services offered at IMRB on which we SITM students
In this era of ever-increasing competition, managers do not have the time to focus
effectively on each and every aspect of their business. This exactly explains why a
services. One such area is business to business and industrial research, which is aimed
competitive advantage.
Ideally, it is not just about end consumer surveys. B2B and industrial research
distribution channel to end consumer in the B2B and industrial products and services.
It is also about new technologies, sales prospecting, pricing, and demand forecasting
changes, you need to evaluate your brand's position compared to the competition. The
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Also, in order to break from the clutter, one needs to identify one or more
characteristics that set your product or brand apart from competitors. This helps in
Additionally, understanding the attitudes of your consumers and their usage patterns
is crucial to virtually every decision you make. Understanding why consumers choose
one brand over another is vital to success in this ever-evolving marketplace. This
IMRB International design usage and attitudes (U&A) studies that provide
addition to assessing U&A patterns for the category, IMRB’s studies often serve as
useful benchmark tools, allowing you to measure your performance across all the
parameters important to the category, and target specific areas to track over time.
Under brand research section at IMRB we handled a major project named brand
recognition of a B-school in Mumbai for purpose of big foreign investment into it.
and service provided. It is a known fact that customers rarely complain - they just
don't come back. Customer loyalty is considered to be worth ten times the price of a
single purchase, as a loyal customer will return to make further purchases. Moreover,
researchers claim that if a customer doesn't like the product or service, he will tell on
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an average eleven more people. This illustrates the importance of ensuring customer
satisfaction.
any program aimed at maintaining, if not increasing the customer base and revenues,
enhancing
brand value, etc. Conducting customer satisfaction research through a third-party has
the advantage that the responses obtained are more reliable, as the respondents are
more frank with a third-person. This is because in the case of third-party research, the
specialist unit of IMRB International and the exclusive member of the Walker
Information Global Network (WIGN) in the Indian subcontinent. It has many proven
In today's world of keen competition, a company is evaluated not just by its products
but to a great extent by the imagery it conjures. With the consumer becoming more
IMRB International has handled Corporate Image studies for a number of leading
IMRB International's specialist division CSMM is the sole licensee for Walker
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In today's world of keen competition, not just its products evaluate a company but to
a great extent by the imagery it conjures. With the consumer becoming more
Corporate image of a company is the sum total of its image among its various internal
and external publics - consumers, employees, shareholders, suppliers and dealers, the
financial community and even the government. The image of the company among
industry federations and workers' unions etc is also important in understanding the
IMRB International has handled Corporate Image studies for a number of leading
IMRB International's specialist division CSMM is the sole licensee for Walker
Mystery Shopping
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millions of dollars. But is this what the consumer actually sees? Does the company on
sales and service norms lay down the company personnel adhering to policies? Are
they performing according to the set standards? What is the shopping experience? Is
the store maintained to the specified standards? At what price are my products being
The use of mystery shopping is the best, most objective way to gain information on
customer service and satisfaction, condition of the store / showroom, and employee
performance across locations. The use of mystery shopping services also provides the
Retail Audits
include:
3 Display presence/location
5 Price points
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7 Distribution audits
manufacturers across the Indian sub-continent, and has more than 20 years of on-site
auditing experience.
Location Research
which can make their brand 'visible' and 'acceptable' to the consumer. Till recently,
product and price were the sole differentiators. Over the years, brands have realised
the significance of 'point of sale' as a brand building tool. The role of the store is thus
getting redefined. Also, with retailing in itself becoming important and India getting
ready for its share of WalMarts and K-Marts, 'location' has become a key factor to
reach consumers.
Product testing is one of the most valuable marketing research that companies
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• Monitor product quality from different factories, and from different channels
of distribution
IMRB International has the experience and is well equipped to handle any product
testing requirements.
Concept Tests
If you are thinking about introducing a new product or service, you would be looking
• What potential attributes or features of your new product or service are most
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products or technologies?
• What population segments are most likely to buy your product or service?
What communications media are most likely to reach those market segments?
IMRB International can answer these questions, and more to help you take the
Packaging Research
Package graphics and copy are critical marketing variables in many product
categories.
In a way, the package on a shop shelves provides the last opportunity to influence a
consumer. The better the package design and copy, the greater the likelihood that
consumers will choose that brand. Any new package design, or significant change in
feedback.
IMRB International has been associated with the packaging changes for some of the
ranging from foods, beverages, washing products to tobacco, PROBIT can be used
for both 'new new products' and new brands in established categories; new brand
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PROBIT is based on the premise that all brand launches and markets are not similar.
Unlike other STM models available in India, the entire analysis for PROBIT is
The three suites are based on the Share of Choice model, the Trial and Repeat model
performance, and5
Pricing Research
Pricing is an important element in driving the purchase intentions for a brand, and is
one of the more technical areas of market research. IMRB International offers a wide
Gabor Granger
Customers are asked if they would buy a product at a particular price. The
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respondents are exposed to the price in a randomised manner and are again asked if
they would buy or not. The technique helps understand the price elasticity for the
product by working out what levels of demand would be expected at each price point
This technique helps one identify the acceptable range of prices in the minds of the
consumer and determine whether the price is set too low (creating suspicion about
Conjoint Analysis
Conjoint Analysis is a technique that allows one to understand how people make
trade-offs between different products and services and the values they place on
different features. By understanding precisely how people make decisions and what
they value in a product or service, one can work out the optimum level of features
(including price) and services that balance value to the customer against cost to the
company.
BPTO is a variation of the Conjoint Technique, where several brands are shown at
once and the customer chooses the preferred option. The BPTO determines the impact
of price increases and decreases on the sales of the brand. It is also capable of
gains and losses. The BPTO technique also helps in understanding how much
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It is taken for granted that most research needs are tactical and specific, but a few
business issues exist in a vacuum. Because we understand and have worked for years
throughout the business processes, we can supply insights and strategic solutions that
are more relevant and actionable. Whether we provide research in just one area or
Concept :
All successful products start with an idea and a potential business/consumer market.
Sometimes these are as sketchy as "people want more convenience," but more often
the ideas and the markets are fairly well defined. This definition is what guides the
development and ensures that the resulting product or service will stay true to the
original vision.
IMRB International can play an important role in this stage by helping to establish a
grasp of key topics and providing feedback and information on initial concepts.
ITOPS:
A half yearly track of the Indian PC, Networking and Software market. This report
Internet Penetration in terms of their Installed Bases, Market Sizes, etc. The report
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also gives details on the most popular brands of the above mentioned IT products.
The report has an extensive coverage of over 8,000 business Establishments and more
than 6,000 affluent households (SEC A, B, C) in the 16 cities of the country. Started
in 1997, this study is already in its Ninth Round now. Sponsored by Manufacturer's
Association of IT (MAIT), this report is subscribed by almost all the major players in
the IT Market. We would like to mention that we were lucky to be part of half yearly
awareness in not only corporate circle but also in household segment from SEC A, B
and C.
The need for mystery shoppingThe Indian retail scenario is witnessing a paradigm
shift with modern retail formats slowly replacing traditional forms of retailing. This
trend is visible not just in urban India but also rural areas. Competition is increasing
with various Indian & International players vying for a share of wallet of the Indian
shopper.
for any retail marketer. High quality of services rendered in the outlet act as a
differentiator, enhance loyalty, generate positive word-of-mouth and save costs for the
retailer!
Mystery shopping is now being used by many organizations to evaluate their in-store
audit processes & staff, giving constructive actionable input for improvement of
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service delivery.
diverse sectors. By way of mystery shopping, we help managers in both tactical and
outlet.
We are a team of 40 researchers across Delhi, Mumbai and Bangalore who design and
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CHAPTER – 4
RESEARCH METHODOLOGY
4.1 OBJECTIVE
“To assess the market prospects for Pultruded Fibre Glass windows and doors, to
provide cues for market entry strategy and to ascertain the acceptability of fiberglass
"A research design is the arrangement of condition for collection and analysis of data
procedure".
constitutes the blueprint for the collection, measurement and analysis of data.
Research design is needed because it facilitates the smooth sailing of the various
maximum information with minimum effort, time and money. Research design stands
for advance planning of methods to be used for collecting the relevant data and the
with great care as any error may upset the entire project. Therefore it is imperative
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that an efficient design must be prepared before starting research operations. The
design helps the researcher to organize his ideas in a form whereby it will be possible
for him to look for flaws and inadequacies. The following points are considered for
So the target respondent had been found from the customers who are using
and influencing the decision of usage for windows & doors during
construction.
The perspective respondent is the customer who is the final decision maker
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Data were being collected from purposive basis. Respondents should be owner of the
collected from the secondary data sources namely website www.justdial.com and
TATA Yellow Pages. The firm should be directly involved in the building construction
and installation of windows and doors. The information are collected from the
primary data sources by asking other construction firms from secondary data
collection sources.
Researchers’ major concern was to interview the right person, at the right time and the
right place. The respondent should be owner or Chief Civil Engineer of the
construction firm. The firm should involve in construction of shopping malls, hotels,
Office buildings, Industrial buildings and public buildings like airports and exhibition
halls etc.
collects data from their secondary data sources and takes an appointment for
interview. Keeping all this in mind researcher restricted their sample size to 40
respondents.
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Keeping in mind the purpose of the study, the various parameters have to be select on
which the acceptability of pultruded fibre glass in place of alternative materials for
doors and windows can be judged. The various factors are Maintenance, heat
As the survey was purposive so researcher have to search for the firms who are
involved in the commercial, office, institutional and public building construction. The
The collected answers to all questionnaire then coded in to a excel sheet, so that they
can be further analyzed using the different market research tools, methods and tests.
This is done using column coding of the various entries to the answers to each
question.
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The data in an excel format is then analyzed by application of different tests and
methods. Cross tabulation of the data is done to analyze the break up of the data
under different heads (top breaks which are the deciding and analyzing criteria) and
4.4.5 Findings
From the analyzed data, major findings are drawn with respect to different top breaks
in the data. Graphs and charts are then used to correctly display the crux of the
Also, interpretations are taken out on the basis of these graphs to answer the basic
research objective.
Data were being collected from purposive basis. The respondents contact information
collected from the website www.justdial.com and TATA Yellow Pages. The firm
and doors.
Any marketing research requires data collection to arrive at the solution of the
problem. Data collection always starts with secondary data. Hence, in a way we can
Primary Data
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Secondary Data
Primary Data: –
It can be defined as the data which are collected at first hand either by the researcher
or by someone else especially for the purpose of the study. For example, the
demographic statistics collected every ten years are the primary data with the
the data needs of the problem at hand. It is important as it helps us in arriving at the
Secondary Data: –
Any data which have been gathered earlier for some other purpose are secondary data
in the hands of the marketing researcher. When sufficient secondary data are
Data is one which is collected from within the organization. For example, data
for handling secondary data. External Data is one which is collected from sources
outside the organization. For example, data collected from Trade Association Reports
or Industry Publications.
In the project reseacher was broadly concentrated on the Primary data as it was a live
project and the analysis was going to assess market acceptability of putruded fibre
glass doors and windows which will provide cues for market entry strategy.
Researcher gathered all possible data first hand by interviewing my target respondents
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• The market is homogeneous and the opinion of the sample is reflecting the
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CHAPTER – 5
FINDINGS & ANALYSIS
The data have been gathered by interviewing 40 customers who is the final decision
As it was very much important to have accurate and authentic information about
different factors which judge customer satisfaction , Reseacher have tried best to
The analysis is done on Microsoft Excel with the sample size of around 40
The analysis is done with the help of bar graphs, and other data representation
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QUESTIONNAIRE
Project Objective:
“To assess the market prospects for Pultruded Fibre Glass windows and doors, to
provide cues for market entry strategy and to ascertain the acceptability of fiberglass
Respondent name:
Organisation:
(1) Builders typically handle various kinds of projects, but which type of buildings
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(2) What are the different types of windows and doors that you recommend in your
(4) Could you rate the following factors, which you considered while recommending
(5) Which kind of problem mostly you face from windows and doors in your project?
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(6) Can you please choose type of windows that can be made available in the market,
selection possible)
[2] Bay Window [5] Double Hung [8] Tilt and turn
(7) Can you please choose the typical designs of doors that can be made available in
(8) Can you suggest the preferable add-on features for windows and doors?
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[1] Single
[2] Double
[3] Triple
(10) Do you think such a product would do well in the Indian Market?
[1] Yes
[2] No
(11) How do you personally keep in touch with the latest developments in the
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QUESTION – 1
Builders typically handle various kinds of projects, but which type of buildings
Frequency Percentage
Independent residential houses 7 18%
Residential Apartments 11 28%
Shopping malls 8 20%
Hotels 3 8%
Office buildings 7 18%
Industrial Building 2 5%
Public Buildings 2 5%
Objective:
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Analysis:
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shopping malls.
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QUESTION – 2
What are the different types of windows and doors that you recommend in your
Frequency Percentage
Wood 4 10%
Composite Wood 16 40%
Aluminium 36 90%
Steel 2 5%
uPVC 24 60%
PFG 20 50%
OBJECTIVE:
• To find out usage of various material in the market of doors and windows.
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ANALYSIS:
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• The bar graph shows that there are 90% respondents recommend Aluminium
and 60% recommend uPVC for doors and windows in their projects.
• The analysis shows that acceptability of fibre glass in the market is 50% while
• As per respondents, aluminium and uPVC are less costly than fibre glass and
they have some excellent properties like strength, durability, elasticity and
• Steel have good strength but it is costly material than aluminium and uPVC.
QUESTION – 3
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Frequency Percentage
Hormann 3 8%
Sialwood srl 4 10%
Hindalco 9 23%
Kavi engineers 1 3%
Laljibhai Mistry 3 8%
Dharma Aluminium 1 3%
Jindal 14 35%
Fenesta 5 13%
Objective:
• To know about the major players for the same kind of product in the market.
Analysis:
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• The analysis shows that Jindal is the major player in the market followed by
• There is good competition in the market for the same product but Jindal and
QUESTION – 4
Could you rate the following factors, which you considered while recommending
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Objective:
• To know the importance for the maintenance free nature of the product and to
• To know how much importance given to the factors like aesthetic appeal,
• To know the importance given to the availability of special design and range
of colors.
• To know how much importance given to the price factor while respondent
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Availability of special
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• The finding shows that price is the very important factor for almost all
• The analysis shows that 90% respondent gives importance to maintenance free
product.
• The analysis shows that 55% respondent gives importance to aesthetic appeal
• The findings shows that factors like ease of installation, availability of special
design and availability of colors are somewhat important for the respondents
while price, maintenance free product, aesthetic appeal and heat insulation are
the very important factors considered by the respondents while buying the
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QUESTION - 5
Which kind of problem mostly you face from windows and doors in your
project?
Sr No Factor Frequency
1 High Maintenance 35%
2 Not aesthetically pleasing 5%
3 Difficult to install 10%
4 Poor heat insulation 10%
5 Non availability of special design 0%
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Objective:
• The objective is to identify the problem face by the respondent with current
product.
Analysis:
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• The analysis shows that 35% respondents face the problem of high
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• The result shows that respondent does not have any problem with availability
• The finding shows that 15% respondents are facing the other problems. These
6) No finishing product
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QUESTION – 6
Can you please choose type of windows that can be made available in the
[2] Bay Window [5] Double Hung [8] Tilt and turn
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Objective:
respondent.
Analysis:
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• The analysis shows that 85% respondents recommended Bay window for their
• The result shows that 50% respondents recommended casement window and
QUESTION – 7
Can you please choose the typical designs of doors that can be made available in
Analysis:
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• The analysis shows that almost all respondents recommended tilt and turn
door in their project. It is the most preferable type of door among respondents.
• The analysis shows 20% respondent prefer in their project. It shows that patio
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QUESTION – 8
Can you suggest the preferable add-on features for windows and doors?
Objective:
doors.
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Analysis:
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• The analysis shows that 49% respondents prefer double glass with inert gas
• The result shows that 32% respondents prefer colonial grills provided between
QUESTION – 9
[1] Single
[2] Double
[3] Triple
Glazing:
Glazing is a transparent part of a wall, usually made of glass or plastic (acrylic and
polycarbonate).
Common types of glazing used in architectural applications include clear and tinted
float glass, tempered glass, and laminated glass as well as a variety of coated glasses,
all of which can be glazed singly or as double, or even triple, glazing units.
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Single glazing allows the highest transfer of energy (i.e. heat loss or heat gain
transmission.
Objective:
project.
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• The analysis shows that 90% respondents prefer single glazing in their project.
gives more important to heat transfer according to climate and more daylight
QUESTION – 10
[1] Yes
[2] No
Frequency Percentage
Yes 26 65%
No 4 10%
Don't Know/Can't Say 10 25%
Objective:
• This question is meant for understanding the customer’s attitude towards the
products.
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Analysis:
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• The analysis shows that majority of the respondents accept the product in the
market.
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• They believe that putruded fibre glass would be better option over aluminium
and uPVC.
QUESTION – 11
How do you personally keep in touch with the latest developments in the
Sr no Frequency Percentage
1 Visits by supplier company salesperson 16 40%
Reading general sources like newspaper, magazines,
Objective:
• To know the media the consumer is referring to know about the product.
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• How much influential different media are in giving the information about the
new product.
Analysis:
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• The analysis shows that most of the respondents referring general sources of
media like newspaper, magazines, televisions, etc. These are the effective
• The supplier company salesperson also play major role to influence the
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EXTENDED RESEARCH
WINDOWS:
Objective:
• The respondents are divided into two segments based on their construction
malls, hotels, industrial buildings and public buildings. The analysis shows
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Analysis:
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• These respondents are not considered availability of colors, design and heat
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Analysis:
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• The finding shows that 64% respondents are considered ease of installation of
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maintenance free nature and price as very important factor and ease of
Sr Very Somewhat
No Factors Important Imp Not Imp
Maintenance free nature of the 7 1 0
a product 88% 13% 0%
Better aesthetic appeal 8 0 0
b 100% 0% 0%
Ease of installation 5 3 0
c 63% 38% 0%
Heat insulation 8 0 0
d 100% 0% 0%
Availability of special design 6 2 0
e 75% 25% 0%
Range of colors available 3 4 1
f 38% 50% 13%
Price 8 0 0
g 100% 0% 0%
Analysis:
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gives importance to better aesthetic appeal, heat insulation and price while
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Analysis:
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gives importance to better aesthetic appeal, heat insulation and price while
maintenance free nature, heat insulation and price as very important factors.
• The following table shows comparative analysis for the importance given to
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Residential Commercial
Sr No. Factor
Construction Construction
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FEATURES:
Objective:
segments.
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Analysis:
Individual
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• The analysis shows that 43% respondents prefer colonial grill and 29%
• The analysis shows that 42% respondents prefer double glass with inert gas
• The analysis shows that 50% respondents prefer double glass with inert gas
fill and 38% respondents prefer colonial grill as an add-on feature in shopping
complex.
• The analysis shows that 71% respondents prefer double glass with inert gas
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• The result shows that most of the respondents from different segments prefer
double glass with inert gas fill and colonial grill as add-on features in their
construction project.
• The following table shows the comparative analysis preference given to add-
Table 5.18 Comparative Analysis for the preferences given to add-on features
Individual
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Objective:
• To know the consumer’s attitude toward the product from different segments.
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Can't
Say/Don't
Sr No Type of Construction Yes No Know Total
10 2 6 18
56
1 Residential Buildings Construction % 11% 33% 100%
16 2 4 22
73
2 Commercial Buildings Construction % 9% 18% 100%
Analysis:
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• The analysis shows that 56% respondents accept the product while 33%
respondents can’t say about the product acceptance for residential building
construction.
• The analysis shows that 73% respondents accept the product and shows
• The result shows that there will be positive response for the product from both
the segments.
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are close to major cities to make good social infrastructure accessible to industrial
units. The state has about 70,000 Kms of roads, over 6000 Kms of railway lines, 4
senses the heart of Madhya Pradesh. Indore, the commercial capital of MP is a well
burgeoning town with most of state’s industries located in and around the city. Indore
The Rajwada or the Old Palace (a major centre of attraction), Lalbagh palace,
Bagh (the memorial with some canopies) and the Bada Ganapati (the largest Ganapati
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statue in the world) are some of the attractions in Indore. Moreover, Indore is famous
gold and silver work, cloth, leather work and traditional garments. Moreover, there is
the Sarafa Market that specialises in snacks and jewellery and the Kasera Bazaar that
specialises in metalwork where you can indulge in the variety displayed for selling.
The Chanderi and Maheshwari silks of Indore are the other famous attractions of this
city.
In recent years as the state has advanced, the city of Indore has grown many folds and
has more business potential to offer than any other city of similar stature in the
country. Major investments from corporate and business houses including foreign
investors have already been made in concurrent projects going on in and around
Indore.
A cosmopolitan city Indore is playing a pivotal role in the business and commerce of
Madhya Pradesh. Foot marks of the royal dynasty meet the pace of the business in
Indore. The city after traversing centuries, is poised to become a software and
industrial hub, and suitable for inclusion in the coveted category of software city.
vehicle industry, is close (25 km) to Indore. It has plants of Kinetic Honda,
Tubro, etc. It has also steel plants of Kusam, Prestige and Chirag Ingots.
Electronic consumer goods plants of Crompton Greaves, Kores India etc. are
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2. Dewas, another industrial town is also close (35 km) to Indore. Among the
notable industries here are Tata Exports, Gajra Group, Steel Tubes, Kesari
also has Bank Note Press of the Govt. of India. Dewas is declared as city of
export excellence.
during world war as a base for British troops in Central India, is also close (22
km) to the city. The latter has a thriving ready made garment industry as well
as shoe and metal cottage industry. Smocking (a type of design) dresses and
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FINDINGS
If we do the analysis of the data we have received we will find the following facts: -
• There is a large demand of framed and glass shuttering doors and windows in
these projects.
• There are number of materials available in the market for framed doors and
windows but the survey shows that aluminum and uPVC are the main
• The properties like strength, durability, elasticity and aesthetic appeal creates a
great demand of these materials in the market. Steel have good strength but it
• There is a good competition in the market for framed doors and windows. The
major players in the market are Jindal, Hidalco, Fenesta and Sialwood Srl.
• According to survey, these companies achieve the loyalty and trust on quality
• The market requirements for these kind of product are maintenance free
maintenance free with affordable price. These consumers are mainly involved
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maintenance free product and ease of installation with affordable price. These
• Almost all respondents considered price as the very important factor while
• We know that Jindal and Hindalco are the major players in the market but still
• The survey shows that 35% respondents face the problem of high maintenance
• It means that customers are still looking for product having maintenance free
6) No finishing product
• The company has to be concern about these kind of problems in the upcoming
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product. The consumers are price sensitive and looking for development like
• There are so many types of doors and windows available in the market
depending on type of application in project but the most of time the above
• There are number of consumers uses Tilt and Turn doors in their most of the
• The product demand can be increased in the market by adding some extra
features. The survey shows that the product is acceptable if it has some add-on
features like double glass with inert gas fill and colonial grills.
• It means that consumers are always looking for new development in the
• The respondents are recommended single layer of glazing and not accepting
the two layer and multilayer glazing. Because single layer of glazing permits
upcoming product. They accept the product and believe that pultruded
• The majority of the consumers are keep updating themselves with general
• The supplier company salesperson also play major role to influence the
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• The target respondents are having experience of atleast 5 years in the field of
construction so their responses provide base support for the product to enter
• There are some influencers like Architectures and Interior Designers also play
• We also interviewed some influencers who are not actually buying the
product but help the construction firms to take decision while buying the doors
and windows.
currently. It means these firms are looking for the new development in the
product.
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LIMITATIONS
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• The sample size is about fifty but only forty respondents gave positive
response.
• Some of the firms are new in the market and not having experience more
than 2 years.
• Geographical limitation: The survey has been taken only in Indore region.
• Some of the respondents were either busy or not interested during the
interview. Among those who were ready to answer, there were still few
• The respondents are not likely to spend much time for interview. Although
extending the date of meeting and not able to give sufficient time for
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RECOMMENDATIONS
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• Aluminum and uPVC are main competitive material for Pultruded fibe glass.
• Product material should have properties like strength, durability, elasticity and
Consumers are facing the maintenance problem with the existing suppliers. So
the company can provide free life -time maintenance service with the product
• Consumer gives preference to better aesthetic appeal while buying the product
conditioned rooms so the doors and windows must be heat insulted and having
the product should be available with ease of installation. The frame should be
• Many consumers are having problem with high price so the price should be
affordable to consumers
factors. The new product should have both the features beauty and comfort in
it.
• The product should be available with range of colors, design and in different
sizes.
• The company has to take care about the personal taste of consumers for
different features and product should fulfill their concerns and need.
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• The product should have new technological development for heat insulation
and noise insulation. For heat insulation, product can have low conductivity
spacers or double glass with inert gas fill. Consumers prefer Double glass with
between the glass, which will avoid breakage of glass in doors and windows.
• There is a great demand of bay, casement and awning type windows in the
• There is a great demand of tilt and turn type of door in the market. So the
• The study shows that Indian door and windows market is still believe in single
• The most effective method of communication with the consumer are general
• Company should use all general sources of media and give informational
CONCLUSION
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We have carried out the survey in two different modes and the behaviors of the
customers are different in both the cases. They showed different interest level while
The time and cost constraints are influenced our research to some extent so we have
not covered a larger sample size but we have done our best to get a proper and clear
Our research is mainly focused to put some light on the attitude of consumers before
buying the doors and windows and we have succeeded in our effort to some extent.
We have put some points, which are beneficial for the company to launch its product
in the market.
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BIBLIOGRAPHY
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(1) www.imrbint.com
(2) www.andersonwindows.com
(3) www.justdial.com
(4) www.amapedia.amazon.com
(5) www.sovereignwindows.com.au
(6) en.wikipedia.org
(7) www.indore.nic.in
(8) www.constructionowl.com
(9) www.energysavingtrust.org.uk
(10)www.greenbuildingadvisor.com
(11)www.inlinefibreglass.com
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APPENDIX – I
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QUESTIONNAIR
Objective:
“To assess the market prospects for Pultruded Fibre Glass windows and doors, to
provide cues for market entry strategy and to ascertain the acceptability of fiberglass
profiles in place of alternative materials used in partition materials.”
Respondent name:
Organisation:
Designation: Experience (Years):
(1) Builders typically handle various kinds of projects, but which type of buildings
does your firm build the most?
(2) What are the different types of windows and doors that you recommend in your
projects in terms of material? (multiple selection possible)
(4) Could you rate the following factors, which you considered while recommending
doors and windows for your project?
(5) Which kind of problem mostly you face from windows and doors in your project?
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(6) Can you please choose type of windows that can be made available in the market,
based on your likelihood of actual recommendation in your project? (Multiple
selection possible)
(7) Can you please choose the typical designs of doors that can be made available in
the market, based on your likelihood of actual recommendation in your project?
(Multiple selection possible)
(8) Can you suggest the preferable add-on features for windows and doors?
[1] Single
[2] Double
[3] Triple
(10) Do you think such a product would do well in the Indian Market?
[1] Yes
[2] No
[3] Don’t know/Can’t say
(11) How do you personally keep in touch with the latest developments in the
building materials and construction sector?
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SHOWCARD – A
Type of windows:
[1] Awning [2] Bay Window [3] Bow Window [4] Casement
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[5] Double Hung [6] Fixed Window [7] Horizontal [8] Tilt and Turn
Sliding
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Type of Doors:
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SHOWCARD – B
Add-on Features:
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Low
conductivity
Spacer is 950
times less
conductive than aluminum, which is
standard material used to manufacture Aluminum insect screen is easy to fit
the spacer bar between the two panes as it comes ready made on an
of glass in a window or door. aluminum header rail. These
Aluminum Insect Screens are for
Low conductivity spacer is an energy
domestic or commercial use giving
saving foam spacer designed to reduce
effective fly control to stop and prevent
heat loss through frames. Windows
entry of flies, bluebottles, wasps,
with low conductivity Spacer reduce
mosquitoes and other flying insects.
heat lost through your windows,
helping to keep your home cool or
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