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ÿ Sampling Error.
ÿ Time Limitation.
ÿ The research work has been conducted mainly in urban & sub-urban
areas of Kolkata.
ÿ The research work has been done in lieu of determining market potential of HCL
CDC. In order to achieve the main objective marketing research has been
conducted.
ÿ Before carrying out the research work a lot of emphasis was given to Identify the
target market segment(s) which consisted of both under graduate & post
graduate students, Officials of different colleges & the students of HCL CDC.
ÿ 42m
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(I)The research work consisted both primary as well as secondary research.
- Primary Research: Telephonic & One On One Interview.
(II)Three questionnaires were prepared in order to collect the data. One questionnaire
was prepared for the potential customers of HCL CDC which included both under
graduate as well as post graduate students. While the other two were prepared for
the officials of different colleges & existing customers of HCL CDC respectively.
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Since more than one segment have been targeted, segmented or stratified
sampling method has been used.
ÿ $ 5
ÿ The sample size for the potential customers of HCL CDC is 200.
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(I)Marketing Concepts: SWOT Analysis, Product Life Cycle (PLC)
ÿ Before the analysis one must mention that the primary data collected was mostly
qualitative in nature where as the secondary data collected was mostly
quantitative in nature.
ÿ In order to maintain clarity & make the analysis more in-depth, the analysis have
been segregated into three parts-
- Qualitative Analysis
- Quantitative Analysis
- SWOT Analysis
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Source :(hclcdc.in) Secondary Source
i
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A
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O APO O
·
° HCL CDC provides IT training & development to
individuals which include not only students but also
professionals.
Source:www.hclcdc.in
i
Revenue
(Rs. In Crores)
·
i
Time (Years)
Source: . clc c.in
i
Revenue
(Rs. In Crores)
·
i
Time (Years)
STRENGTHS WEAKNESSES
ü Introducing the concept of sales territories to make the whole operation more structured.
ü Improving the infrastructure in some of their centers to improve the degree of customer
satisfaction which would most definitely help in retaining the existing customers as well as
getting new ones as well. ( Viral Marketing Concept).
ü The company may consider giving away some scholarships or monetary incentives to some
of the meritorious students to build up a distinct image in the mind͛s consumers
ÿ Based on the previous discussions it can be said that although HCL CDC is at its
initial stage of development, it has entered a very potent IT training &
development market which provides quite a few opportunities of growth.
ÿ In spite of the opportunities it is imperative that the company makes the fullest
possible use of its strengths & look to eliminate some of the weaknesses, such
as it͛s low brand awareness which probably is the biggest barrier in HCL CDC͛s
success. This will most surely help the company gain competitive advantage.
ÿ As a matter of fact they have already made their intentions clear by taking
major initiatives such as- tying up a deal with Webel to provide hardware &
networking training to the youth of India.
ÿ In the end it can only be concluded that in spite of being the new kid on the block
HCL CDC has great potential of growth & although their way to the top will not a
be an easy one, but still is believed that they will reach their ultimate goal of IT
empowerment because they believe that- ͚ ONLY A LEADER CAN TRANSFORM
YOU INTO A LEADER͛