Company Profile
COMPANY PROFILE
History of the company
A brief history of SHREE KRISHNA PACKWELL INDUSTRIES in chronological order is given below:
1994: This is the year beginning SHREE KRISHNA PACKWELL INDUSTRIES. Being a proprietor concern owned and managed by
Mr. JATIN KHANNA. At that time, it started commercial production of QUALITY adhesive tapes.
in exclusive manufacture and export of adhesive tapes and other engeneering adhesive tapes from India.At present Company deals in all types of adhesive tapes. The Company is successfully operates in the world and its main market packing. in Australia,Germany,U.k,America.The Company is observing and maintaining quality with regard to material and
INFRASTUCTURE
Our manufacturing unit is well covered with high speed coating unit, slitter re-winder, core cutter etc. machines and having the most special features such as air brake and auto turrent system. Our workforce is well experienced and our quality controllers ensure our clients receive the best quality self adhesive tapes at competitive rates. We focus on custom BOPP self adhesive tapes to suit all packaging requirements. We provide very secure and hygienic working conditions to our employees thats why very low percentage of employees have left till date.
MANAGEMENT
BANKERS of the company State bank of India Commercial Branch Civil lines, Jalandhar Auditors Mr. Surinder goyal Chartered Accountants Jalandhar
Accountant
Promoters
OBJECTIVES OF COMPANY
1. CUSTOMER SATISFACTOIN Shree Krishna Packwell Industries lays emphases on forming a long lasting relationship with its customers by offers optimum requirement and upgrade the quality of its human resource system machinery and equipment. Company has provided to its customer the safety of life from various hazards, security and growth for its employees, satisfactory return to investor and useful contribution towards development of community and society. 2. DISTRIBUTION NETWORK Shree
Krishna Packwell
outlets so that the sale can promote. They are also providing some benefit to their Ads so that can promote sales. Following are the number of distribution and retail outlets. Table1.1 Distributors Authorized Distributors Authorized Retail Outlet 3.
HUMAN RESOURCE
Industries Depends upon the people working there. They are the
foundation of this company. They are pillar holding the position of this concern. The companys list of human resource is as follows.
Table1.2 Human resource Skilled 300 Unskilled 40 Semi skilled 30 Managers and staff 10 Engineers 10 Supervisors 10 Total 400 The company has not lost a single man-day during its 15 years of existence. To take care of the workers of company has also introduced a self-financing scheme governed and managed totally by the workforce for their over benefit.
4. ENVIRONMENT OF THE CONCERN The company has the distinction of having the mesmerizing infrastructure. The environment of Shree Krishna Packwell Industries is fully workable, each and every person in the concern is filled with the spirit of doing their work in a different and specialized way.
5.
EXPANSION PLANS
It is continuously improving its product range and has plans to achieve over Rs. 10 crores turnover within next 6 years. It has very ambitious expansions plan in various stages of implementation. In, the month of May 2004, the company has purchased 4600 square yards of land with well-built up factory and office building.
6.
INDUSTRIAL RELATIONS
resources are fully encouraged to obtain maximum career development growth within the organization. The quality of the product working conditions and natural consideration and understanding between the management and the workers has resulted in extremely cordial industrial relations.
CHAPTER-3
Research Methodolog y
Primary Sources
Secondary Sources
Personal
Questionnaire
Company
Books
DATA COLLECTION
COLLECTION OF DATA:
The task of data collection begins after a research problem has been defined and the research design checked out.
PRIMARY DATA:
Personal interview with Marketing Manager and other officer of Marketing Department of Shree Krishna Packwell Industries was conducted. Various questions were asked regarding advertising and promotion activities of the concern to collect the data.
SECONDARY DATA:
Company pamphlets, company magazines, company website.
LIMITATIONS OF STUDY
1. Though every care was taken to maintain object, yet the prejudice in response cannot be ruled out. 2. Limited time and limited funds made the detailed study a bit difficult. 3. Most of the workers were busy doing their work, they did not have time to fill the questionnaire, nor did they find it necessary.
Presentation : The data has been analyzed in the form of bar graphs and pie graphs.
CHAPTER-4
DEFINITIONS OF ADVERTISEMENT THE AMERICAN MARKETING ASSOCIATION (AMS) has defined advertisement in the following words: Advertising is any form of personal presentation of goods, service or ideas for action, openly paid for by an identified Sponsor. According to this definition, advertisement is paid form of publicity and any sponsored communication designed in influence buyer behaviour is advertising. Further, advertisement is non-personal and directed at a mass audience.
Educate People
Definite goal
Creation of
ADVERTISEMENT
D e
ADVERTISING PROCESS
An advertising is said to be successful if it able to arrest the attention of people and ultimately influence their in favour of the advertiser by compelling them to buy the product or service advertised. There are various models, which explains promotional elements i.e. Advertising Sales promotion Personal selling Publicity Public relations work
1).
AIDA MODEL
It was developed to represent the stages a sale person must take a consumer through in the personal selling process. The effect is the action into which prospect may be induced as are result of advertisement.
This model highlights the importance of catching the eye / ear of the prospect in order to create his interest or desire and finally determination to buy the advertisement product by showing it in the final action.
2.
This model is evolved from work on the diffusion of innovation to the adoption of the innovation by public. This model involves various steps, which are as follow
Interest
Trail
Adoptio
Evaluation Evaluation
Awareness
This model the challenge facing the companies who launch a new product is to create awareness and interest of consumer so that they proceed to evaluate the viability of new product by actual use; and by evaluating the viability by actual trial, the consumer may proceed further in adopting the advertised product. 3). HIERARCHY OF EFFECT MODEL This model is also called Levidge and skinner model. This model shows the process by which the advertising works and assumes that the consumer passes through a series of steps in sequential order from initial awareness of a product or service to actual purchase.
The basis purpose of this model is that advertising effect occurs over a period of time.
Unawareness
Preference
Awareness
Conviction
Knowledge
Purchase Confirmation
Linking
Advertisement communication may not lead to immediate behaviour response or purchase rather a series of effect most occur with step full filled before the consumer can move the next stage in the hierarchy.
6).
Advertising creates demands :- Most of us feel that advertising, offer al, for the market, a powerful persuasive tool for creating a demand for his products, building up his sales and improving his market share.
A). ADVERTISEMENT IN NEWSPAPER AND MAGAZINES Newspaper is a very common made of advertisement, which provides a wider coverage to the products. Form time to time the company has exploited this mode of advertisement for attainting mass recognition of their products. The company is also used to see that their campaigns are published after regular intervals to maintain the market or to push up the sales. The magazines mostly used for advertisement by Shree Krishna Packwell
Industries Are:-
National product news Industrial Automation Electrical International Electricity Engineering etc.
B). THROUGH SALE FORCE Major promotion of the product which to be distributed specific channel is usually done through salesmen, sales engineers and sales executive. The sales force report with and figures reveals personnel reports with and figures reveals personal visit majority help in the product acceptance 90 % of the sales is made through the distributor. Some specific suppliers are made to the government and industrial clients.
C).
HOARDINGS
Releasing an impression and longer rusting impact which can be by hoarding Shree Krishna Packwell Industries has recently put n large hoarding across the city which are captivating enough to attract the masses attention and convey the meaning behind them. The company use hoarding in the form of Glow sign Sunshades Posters are also used extensively by the concern
D).
DIRECT MAIL ADVERTISING It includes all form of printed advertisement delivered directly to
the prospective customer through or distributor from door to door or delivered by messenger or pass on the street through leaflets. It may be handed over to the customer at the counter of the retail store. Printed advertisement delivered directly to the customer instead on indirectly the newspaper delivered to the customers.
E).
To influence channel members and resellers in distributor channel, it has become practice for a seller to participate in trade shows and exhibition. The visitors in such shows are either reseller or customers of particular products Shree Krishna Packwell Industries also organize trade to maintain the market. Exhibitions are origination by a group or manufactures just to familiarize people the whole range of product they produce. The exhibition may be local, national and international reputation. F). SEMINARS AND CONFERENCES The company arranges the seminars and conference both in house and outdoors from time to time people difference work fields. These meetings are quite beneficial and for the interest of the company. It is an association of adhesive tapes manufacture technical seminars, expert meet dealers meet, architects meet retailers meet etc. G). TRADE JOURNAL AND MAGAZINES A variety of nationals, international and adhesive tapes journals are published which has reader area appeal. Colored pictures seen attractive and its published record of the kind of the campaign prepared and can be improved upon next time e.g. Business India. H). SAMPLES Samples are a free distribution of an item in an attempt to obtain customer acceptance. They are distributed to the customer on trial basis. It is especially useful in promoting new product. Shree Krishna Packwell
Industries to some extent is following techniques of sales promotion.
4.
for sales, promotion especially when they are coming up with a new product. Computer demonstration can be given at retail stores or in school or college or through door-to door demonstration. 5. Trade fair and exhibition Trade displaying fairs their and exhibitions This provide the
companies with the opportunity of introducing and products. brings companies product and the customer in direct contact with each other. Seeing in believing in a concept behind large-scale exhibitions. 1. Free samples of the product Free samples offered to persuade the customer to try them out. By offering free samples to large section of new market, a company tries to gain entry into the market. 7. Gifts Companies distribute gifts to people, customers dealers and influential key people. These gifts are intended to create goodwill towards the company an indirect promote the companys sales interest.
Defining the sales target Setting sales promotion objective Setting the sales promotion budget Development the sales promotion strategy Selecting type of sales Coordinating plan Evaluating sales promotion effective The approach of sales promotion evaluation involves measuring the performance. Before, during and after the sales promotion efforts. The approach to sales promotion evaluation includes consumer panels, consumer surveys and experience and includes measuring the percentage of target audience that was reached.
over world. There are various head office and branch office are being establish to increase their sales and market. Shree Krishna Packwell
Industries has adopted various type of marketing strategy, which involves
the movement of goods from producers to ultimate consumers. NEW OR MODERN APPROACH TO MARKETING The Shree Krishna Packwell Industries has adopted new and modern approach to recognize that marketing. The needs of the customer has been identified studied and analyzed and the business activities are so directed that the needs of the customers be fulfilled to their satisfaction. Thus, according to new approach of Shree Krishna Packwell Industries marketing involves all efforts to create customers for the product and provide maximum satisfaction to them. The approach to marketing of Shree
Krishna Packwell Industries can be depicted as: -
CUSTOMER NEEDS
INTEGRATED MARKETING
MAXIMIZATION O F P
Marketing structure of Shree Krishna Packwell Industries is not only limited to India only but also to the foreign country. Trade of the Shree Krishna
Packwell Industries is being divided into two parts
TRADE
Import
Export
Exporting Countries Middle east: Bahrain UAI, Iran, Kuwait, Qatar Europe : Germany Other : Australia Nepal, and Srilanka
Shree Krishna Packwell Industries is adopting the balancing act between the
customers and organizational goals. There is a link between the suppliers and the customers so those customers express their needs and wants. Organization is gaining too because of the correct marketing policy and strategy. However this customer is king approach to be balanced to make sure that king doesnt turn tyrant.
Execution of order
Issue of material requisition slip to store department Packing of production with private marketing
Dispatched to authorized dealer 4. DELIVERY MODES Movements of goods from dealers to customers is known as Physical distribution. Transport is the only physical mean where by goods are moved from one place to another i.e. from the place of production to the place of its consumption. The mode of transportation in Shree Krishna
Packwell Industries is for i.e. free on rail or free on road. During the
formulation of invoice slip foreign charges are calculated for the city of the dealer and this amount is deducted from the total the total amount payable by the dealer. As the transportation cost is borne by the dealer do not have to worry about the extra transport cost. In this way this mode or this process helps Shree Krishna Packwell Industries to travel their
products all over the country rather than just being centralized at one place. 5. DOCUMENTATION There are some important documents of which the company has to make records. So the company prepares the documents of various concerned bills and papers for keeping a record of the order and then to collect the payment. Following are the documents, which Shree Krishna Packwell
Industries is maintaining.
1). ORDER ACKNOWLEDGEMENT 2). PERFORMANCE INVOICE 3). INVOICE SLIP 4). MATERAL REQUISITION SLIP 5). BANK COVERING LETTERS
their authorized dealers and their products. To promote their sales they are trying best to adopt sales promotional techniques. Following sales promotion Shree Krishna Packwell Industries has successfully implemented activities. 1). To provide incentive on domestic on domestic product in form of credit notes on achievement of certain targets to the authorized distributors. 2). On the achievement of certain target concern provide the Ads with cars. This scheme is applicable where there is a need to promote sales. 3). 4). 5). Company is having a scheme for users in which a coupon of Rs. 10 & Rs. 5 is provided in pack of some products. Materials are send to the end clients to update product range as per the mailing list to make the aware and hence promoting sales. Induced letter also sends to the end clients and to the dealers also for providing them with updations or innovations in the products and concern. 6). 7). Company for marketing staff to concentrate on target figure. After sales service programmer such as a). b). c). d). e). Timely supply of goods Fast transportation facility Good packing Credit facilities to the authorized distributor. Target oriented incentive.
Attractive cash discount and trade discount as applicable in Trade Regular visits of the sales staff of the trader/ authorized distributor and try best to remove all practical problems. Insuring timely replacement of defective products. Technical engineers go on the spot to check defect in goods. Another sales promotion activities followed by the company are: Authorized distributor award function Complimentary gifts items like bags, handy purse etc. New letter Technical literature New year greetings cards Press release Corporate catalogues Public catalogues Review meeting of field staff periodically so as to settle all pending matters related to authorized distributor concerned quickly. The systematic and well-planned procedure for handling of complaints of product sold. They considered transit damage complaint of authorized distributor, so that nobody to verify the technical complaints and corrective action is taken by arranging joint meeting of production people.
Full range of products: In order to cater to the demand of the demand of the market the business house has introduced a wide variety of products in full range. Timely supply: Timely supply of goods is an important factor of companys strategy which leads to increased sales. Competitive price: In the present competitive scenario only that products seems to survive which offers high quality goods at reasonable price. Qualitative approach: Todays customer is a quality conscious and demand high quality goods. The quality policy of the concern is ISO certified which speak highly of its World Class Quality. Training of latest Technology From time to time employees are exposed to latest prevailing technology and practices so that they remain competent to the market environment. Effective marketing: Advertisement is the most popular techniques of sales promotion. Launching of new product and creating a success story majority depends upon effective marketing advertising campaign.
Personal Contacts: Personal contacts in and outside the industry has helped Shree
Krishna Packwell Industries make rapid strides in the electrical good
market. After sales service Goods after sales service are the plus points of any concern. To keep the customers satisfied long after the product has been sold is useful for the concern in the long run. Publicity: It has always been Shree Krishna Packwell Industries key policy to publicize its products from the awareness of the consumers. Flexible structure: Flexible structure has helped Shree Krishna Packwell Industries to upkeep its products according to changing requirement and market conditions. Adoption to new technology: Regular search in order to offer consumer better service and product has always on of Shree Krishna Packwell Industries strategy. Research and development has helped it to grow day to day.
are selling their products. To promote this selling process the company has formulated a policy. In this way company is trying to capture the market. Following are the important constituents of the marketing and sales policy of Shree Krishna Packwell Industries of year 2009-10 1). PRODUCTS The policy following covers the products manufactured and market b the company.
Drywall tape
Cello tape
Glass fabric
Luxor tape
Adhesive tape
Afac 1 tape
Coloured tapes
2). M.R.P. The discounts applicable on different products groups that are indicated on the target format enclosed. The price discount is inclusive of excise duty at the prevailing rate but exclusive of CST. The trade discounts are subject to change during the year without prior intimation, however suitable time frame up to 2 weeks may be considered whenever appropriate case a dealer does not take delivery of goods from transporter will also have to be borne by the dealer. 3). TRADE DISCOUNT Trade discount, applicable on different products groups that are indicated on the target format enclosed. The price after discount is inclusive of excise duty at the prevailing rate but exclusive of CST. The trade discount are subject to change during the year without prior intimation, however suitable time frame up to 2 weeks may be considered whenever appropriate. 4). INVOCING The company reserves the right to combine several pending orders of a dealer in one invoice. As per company norms each invoice should be of minimum Rs. 10,000/-- to justify the cost processing / handling. 5). SALES TAX Sales tax will be charged extra in the entire invoice at prevailing rates as applicable at the time of dispatch. Dealers are requested to place all orders on CST basis on company depot wherever applicable.
In case dispatches are on CST basis, the dealer has to provide his CST number and provide the c form in advance. In case c form is not received in time the company will have no option but to debit the sales tax differential amount to dealers account. For new dealers, c form along with order is request. 6). FREIGHT All freight for dispatch through road transport to dealers will be paid by company on behalf of dealer subject to the order/ invoice value being minimum RS, 10, 000/-. In case of dispatch required by air / surface courier, the differential freight will have to be borne by the dealer. In their own interest, dealer are requested to acknowledged receipt of correct material as per invoice by singing and all invoices for local delivery. 7). INSURANCE All good dispatched by the company are covered under order Marine Declaration policy. In case of open or damaged delivery for outstation dispatches, dealers are requested to take open delivery and specify the same on LR and take a shortage certificate from the transporter. All the documents are to send to the originating depot within 30 days to enable the company to lodge an insurance claim. 8). OCTROI / DEMURRAGE Octroi wherever applicable during transit from Company depot to dealers Godown, will have to be borne / paid by the dealer. Demurrage if applicable in case a dealer does not take delivery of goods from transport will also have to be borne by the dealer.
9).
CREDIT LIMIT
In certain case, at its direction, company may extend credit period of 30/40 days to select Ads. In line with general policy of our company, the credit limit of such individual dealer is calculated as average of last 3 months al product net sale multiplied by 2 (if 3 month sale is Rs. 15 lakh before sale tax, the credit limit will be Rs. 10L.) The limit indicates the permissible outstanding (due + not due amounts) at any time. The company reserves the right to hold further dispatched in case the credit limit is exceeded. The company also reserves the right to alter these credit limit norms without any notice. 10). PAYMENT All payment dates are to be taken from date of invoice and not date of receipt of goods by the dealer. The date of Cheque deposit (DOD) is the criteria of payment and not date of receipt of Cheque. Wherever company extends credit company terms-for payment made beyond 45 days, Company reserves the right to charge interest for the delayed period from 46th day @ 18 % per annum. All payment is to be made in chronological order of invoices i.e. in date wise sequence. 11). DESPATCHES The company has 12 depots at present at the locations given below: South North East West : : : : Chennai, Bangalore, Hyderabad, Kochi Jalandhar, Delhi, Kanpur, Indore, Jaipur, Kundli (Haryana) Kolkata (Consignment Sales Agents) Mumbai (Bhilwadi), Ahamdabad (Sarkhej)
ADVERTISEMENT AND SALES PROMOTION activities of the company. These activities affect the sales of company. Increase in expenses on these activities increases the sales and decrease in expenses on these decrease the sales of company. In the customer side these activities also help them to know more about the product and quality. Advertisement and sales promotion plays very important role for the customers and company. In order to calculate Customer Satisfaction Index Shree Krishna
Packwell Industries got a questionnaire form filled from 30 valued
customers. They are invited suggestions from their customers regarding area of improvement. On the basis of their survey, I have made the following analysis with respect to each parameter separately and finally. I have made a compressive study of the performance rating of all the parameters.
customers. And all of then well aware about the products of Shree Krishna
Packwell Industries.
2.
Sources from which they get information. They get whole information through advertisement, dealers, etc. So,
advertisement and sales promotion plays important role for providing product information. Table 4.2 Advertisement Dealer Electrician 23 % 47 % 30 %
INTERPRETATION The analysis shows that majority of the customers got information about the products of Shree Krishna Packwell Industries from their Dealer 23 % of customers got information through advertisement and 47 % and 30 % of customers get information through dealers and electricians respectively.
3.
Satisfaction regarding the quality policy of the standard Most of the people are satisfied regarding the quality of product
product. because they get what they know through advertisement and salesmen. No case of misleading the customer comes forward in survey. Table 4.3 Performance Excellent Very good Good Fair Poor Percentage (%) 27 % 10 % 47 % 13 % 3%
INTERPRETATION The analysis of the quality policy shows that majority of their customers rated the quality of their products to be good and only a nominal of them were unsatisfied with their quality performance 27 % of the customers ranked it as excellent 10 % customers are very much satisfied towards quality and ranked it as very good. 47 % of customers ranked it as good 13 % of customers ranked it as fair and only 3 % of customers are not satisfied with the quality policy and ranked it poor.
Regarding the delivery parameter half of the customers are satisfied with the company. Dissatisfaction of customers may arise through delay in production or any other reason. Table 4.4 Performance Excellent Very good Good Fair Poor Percentage (%) 7% 7% 36 % 30 % 20 %
INTERPRETATION The analysis of this parameter shows that almost half the customer were satisfied regarding the delivery aspects and other half were not satisfied with the delivery facilities provided by Shree Krishna Packwell Industries 7 % of the customers ranked as excellent 7 % customers are very much satisfied towards quality and ranked as good. 30 % of customers ranked as fair 20 % of customers are not satisfied with the delivery parameter and ranked as poor.
Price policy of the Shree Krishna Packwell Industries satisfied most of the customers. Most of them are agree with the pricing policy. Table 4.5 Performance Excellent Very good Good Fair Poor Percentage (%) 13 % 7% 13 % 47 % 20 %
INTERPRETATION This analysis of price policy shows that most of the customer responded the pricing policy of the concern to be fair and 13 % of the customer ranked as excellent 7 % customer are very much satisfied towards price and ranked are very good. 13 % of customer ranked as good 47 % of customer ranked as fair 20 % of customer are not satisfied with the price policy and ranked as poor.
6. Satisfaction regarding new products or technologies. Many customers are interested in new products of the company because new products provide them more facilities.
Table 4.6 Performance Excellent Very good Good Fair Poor Percentage (%) 13 % 14 % 47 % 23 % 3%
INTERPRETATION The analysis of this parameter shows that the majority of the customer fovoured the response criteria of the concern to be good only a few ones were unsatisfied, 13 % of the customers ranked as excellent 14 % customers are very much satisfied towards response and ranked as very good 47 % of customers ranked as good. 23 % of customers ranked as fair 3 % of customers are not satisfied with the response parameter and ranked as poor.
7. Reasons for prefer the products of Shree Krishna Packwell Industries. They prefer products of Shree Krishna Packwell Industries because of its quality, price, delivery mode etc. preference to quality. But most of them gives
INTERPRETATION Majority of the customers prefer the products of Shree Krishna Packwell
Industries because of good quality of the products but pricing policy needs
8. Customers of Shree Krishna Packwell Industries Customers of Shree Krishna Packwell Industries increase day by day. Quality designs, and price of their product increases the demand. Table 4.8 Less than 6 months 23 %
20 % 17 % 17 % 23 %
using the products of Shree Krishna Packwell Industries for 1 year to 2 years. 17 % from 2 to 3 years and 23 % of them are using the products for above 3 years due to trust in quality.
9.
Customers wish to buy the product of Shree Krishna Packwell In future half of the customers are agree to by product of that
Industries in future company. To increase more customers, company must improve their technology and quality. Table 4.9 Yes No Cant say 44 % 33 % 23 %
INTERPRETATION Majority of the customer prefer to buy the product of S.K.P.I in future 44 % of the customer would like to buy the product of S.K.P.I in future 33 % of the customer would no like to buy the products of S.K.P.I in future due to certain reasons. 23 % of the customer are not sure whether they will purchase products of S.K.P.I in future or not.
10.
Reasons for switch over to another brand Customers have many reasons to go to another brand. They can
shift to another brand because of their friends, gifts, discount, low price etc. Table 4.10 Friends experience with new brand Impressed by ad new brand Free gift discount schemes Low price of new brand Just for a change 10 % 10 % 20 % 30 % 30 %
INTERPRETATION : Out of 10 customer, who do not wish to buy the products of Shree Krishna
Packwell Industries in future, 10 % of them want to switch over to another
brand because of their friends experience with new brand 10 % are impressed by ad of new brand. 20 % and 30 % of them are attracted towards free gift discount schemes and low price of new brand respectively. And 30 % of them want to switch over to another brand just for a change.
Such an analysis helped me a lot in having a better insight to the companys affairs regarding ADVERTISEMENT AND SALES PROMOTION activities. Suggestions which are invited from the customers are as follows: 1. Centers should be open in rural and backward areas. 2. There should be regular follow up of permanent customer. Timely
sales.
4. Policy regarding price should be adopted so that all people can take
SUGGESTIONS
Shree Krishna Packwell Industries is very good, big and successful
company. It is progressing by leaps and bounds. Its turnover increase year by year which results in strengths, its turnover increase year by year which results in strengths, its hard working people, strict quality control, clear objective and continue product improvement. From survey it has become clear that there are some problems which can be handled easily, if a little bit of care is taken. Certain suggestion and recommendations which might be useful in order to promote the sales.
1. The suggestion of the people which they gave us during survey should
agitated and will not do the mistake of ordering again. Timely supply is necessary for retaining customer because where comparisons takes place then at that time consumers will differentiate even a single point also.
6. Company should adopt the policy lowering the price of their product. 7. Company should improve the quality of their material and the size of
packing of the products so that people can know about the prices.
11. Shree Krishna Packwell Industries should get ideas from their workers
and then implement them for the success of the company. From the survey it has analyzed that the areas which needs a lot of awareness regarding the Shree Krishna Packwell Industries products. Most of the people have listened about the Shree Krishna Packwell Industries name. So it is suggested to promote salesman ship in those areas with the help of more and people will become aware. It will prove to be a very effective.
FINDINGS
The observation of this study made on advertisement and sales promotion policy are as follows:
1. Shree Krishna Packwell Industries is trying to involve or adopt new
sales.
9. While managing advertisement campaigns, the Shree Krishna Packwell Industries keep a regular watch on activities of competitors so that their
CONCLUSION
Shree Krishna Packwell Industries is big and popular company. It is scaling
new heights of expectance. The company is started in 2002 and from there it is trying to reach the heights of excellence. I come to know about the achievement form company profile where all the departments of the company is mentioned and environment of the concern is also depicted from there. Categorization of product is given so to know the details of the product range. In advertisement policy of Shree Krishna Packwell Industries all the medias of advertisement is mentioned which are company is adopting to aware the people and to increase the sales. In market scenario the approaches to marketing are mentioned and the whole procedure of order execution is mentioned so that methods of reaching of customers can be known. All the activities of the sales promotion policy of Shree Krishna
Packwell Industries which shows the companys secret of success. Sales
promotion strategy shows all the feature of the marketing. Marketing an sales policy of Shree Krishna Packwell Industries include all the current year policy criteria to achieve the target goals. Data analysis of Shree Krishna Packwell Industries include the last five years advertisement, sales promotion and sales figures. Trends is being calculated and given in graphical form and comparative study of the charts is done. Customers satisfaction index shows the customers view regarding the quality, price response, and delivery parameters. At last the observation and suggestion are given so that company is being able to overcome its deficiencies.
Bibliogra phy
BOOKS
Aggarwal P.K. Marketing Management, Pragati Prakashan, 2005 Vol. IV Chunawalla S.A. Advertising Sales and Promotion Management, Himalaya Publishing House, 2006, New Delhi Kotler Philip, Marketing Management, Prentice Hall of India Pvt. Ltd, 2001 Sontakki C.N., Advertising and Sales Management, Kalyani Publishers, 2003, New Delhi
Questionnai re
QUESTIONNAIRE
Ques 1. Are you aware about the products of Shree Krishna Packwell Industries? Yes No
Ques. 2 From which source you get the information about Shree Krishna Packwell Industries Product? Advertisement Dealer
Electrician
Ques 3.Are you satisfied regarding the quality policy of the Shree Krishna Packwell Industries product? Yes
No
Ques 4. What are your opinion regarding the delivery parameter ? Excellent Fair
Good
Ques 5. Are you satisfied regarding the price policy of the Shree Krishna Packwell Industries products? Yes
No
Ques 6. Are you satisfied with the new products and technology of the company? Yes
No
Ques 7. Which of the following reasons make you to prefer the products of Shree Krishna Packwell Industries? Delivery Price Response
Ques 8. For how long you have been using the products of Shree Krishna Packwell Industries? Less than 6 months 1 year to 2 years Above 3 years 6 months to 1 year 2 years to 3 years
Ques 9.Do you wish to buy the product of Shree Krishna Packwell Industries in future? Yes
No
Cant say
Ques 10. If no, why do you want to switch over to another brand? Friends experience with new brand Free gift discount schemes Just for a change Impressed by ad new brand Low price of new brand