Customer Satisfaction On 3M Adhesive Product
Customer Satisfaction On 3M Adhesive Product
Submitted By
Naveen Alexander
Bangalore
Masters of Business Administration
Project
Submitted By
Naveen Alexander
Bangalore
2|Page
Masters of Business Administration
3|Page
Masters of Business Administration
4|Page
Masters of Business Administration
Acknowledgement
A successful and satisfactory completion of ant task is the outcome of the valuable
contribution of variable efforts, explicit or implicit.
The key for the achievement of such a difficult task lies in the hands of my professors and
mentors.
My heart full thanks to Prof Srivat R, my faculty Guide mentor for his benevolent and
expertise guidance and support which have been my great strength to initiate and complete
this project and without whom this project would never be a reality.
5|Page
Masters of Business Administration
Table of content
Chapter no. Topic Page no.
Executive summary
Chapter1 Introduction 10
Chapter2 Industry and Company profile 19
Chapter3 Research METHODOLOGY 36
Chapter4 Data presentation and analysis 40
Chapter5 Findings and Suggestion 54
Chapter6 Conclusion 57
Annexure 58
Daily report 62
Weekly report 66
Application Guide 68
Application Guide CD 69
Bibliography 70
6|Page
Masters of Business Administration
ILLUSTRATION
7|Page
Masters of Business Administration
EXECUTIVE SUMMARY
Towards the fulfilment of MBA program, a study was conducted on “customer
behaviour at 3M India limited”.. The main objective of this study is to study
the customer opinion on our product. As the customers satisfaction has
become an important element of the product. This project is all about how the
existing customers of 3M wood working adhesive spray how did our customers
perceive our product and whether they are satisfied with our product. This
project talks about how the people view our product and what the alterations
should we do to our product. In order to sustain in the market
3M India limited is into adhesive products with a new adhesive called as spray
adhesive, which is the first company in India to enter into market with spray
adhesive. The main advantage of this product is there is no competition. Using
spray adhesive the work of the carpenter makes easier.
The purpose of the study is creating awareness to people. The study will bring
out the extent of customer satisfaction level towards 3M wood working
adhesive spray. The study will point different problems encountered by the
customers of 3M wood working adhesive spray. The study will help the
company to take decisions for increase their sales of 3M wood working
adhesive spray. This study will know the advantages of measures to be taken
and any modifications to be done for the product.
8|Page
Masters of Business Administration
CHAPTER 1- INTRODUCTION
9|Page
Masters of Business Administration
Introduction
Consumer Behaviour may be defined as “the interplay of forces that takes place during a
consumption process, within a consumers‟ self and his environment.
- This interaction takes place between three elements knowledge, affect and
behaviour;
- It continues through pre-purchase activity to the post purchase experience;
- It includes the stages of evaluating, acquiring, using and disposing of goods and
services”.
Consumer behaviour explains the reasons and logic that underlie purchasing decisions and
Consumption patterns; it explains the processes through which buyers make decisions.
The study includes within its purview, the interplay between cognition, affect and
Behaviour that goes on within a consumer during the consumption process: selecting, using
and disposing of goods and services.
CONCEPTUAL OVERVIEW
Consumer behaviour concept and target marketing
Learning Objectives
10 | P a g e
Masters of Business Administration
Consumer Behaviour
Marketers must have access to data concerning consumers; buying habits and which kinds
of media they favour, in order to develop convincing communications programs.
Need:
Motive:
Maslow‟sHierarchy of Needs
Self-Actualization
Esteem
Social
Safety
Physiological
Attitudes
Advertising messages should coincide with the prevailing attitudes held by the
target market. Trying to alter an attitude is expensive and risky
11 | P a g e
Masters of Business Administration
Reference Groups
A group, class, or category of people to which individuals believe they belong, whether or not
they actually do.
Target Markets
“The ability of a company to target specific customers is based on the concept of market
segmentation.”
Market Segmentation - dividing a large market into smaller homogeneous markets based on
common needs or similar lifestyles.
12 | P a g e
Masters of Business Administration
Demographic Segmentation
Age
Gender
Income, Occupation, Education,
Marital Status & Household Formation
Cultural Mix
Geographic Segmentation
The division of geographically expansive market into smaller geographical units
Direct Segmentation
13 | P a g e
Masters of Business Administration
Occasion-for-use
Benefits-sought
Frequency of use
Loyalty-response
Demographic Geographic
Age Region
Gender City
Occupation Urban
Material Status Suburban
House hold composition Rural
14 | P a g e
Masters of Business Administration
Importance of Positioning
Positioning
Strategy
Importance of Segmentation
Creative Strategies
Positioning Strategies
Media Strategies
15 | P a g e
Masters of Business Administration
It can be a tangible benefit or an image that a company wants to instill in the minds of
customers.
It is very important that the positioning statement aptly describe a primary benefit and
an image that is important to the target market.
Head-On
Brand-Leadership
Product-Differentiation
Innovation
Lifestyle
Repositioning
The subject deals with issues related to cognition, affect and behaviour in
consumption behaviours, against the backdrop of individual and environmental
determinants. The individual determinants pertain to an individual‟s internal self and
include psychological components like personal motivation and involvement,
perception, learning and memory, attitudes, self-concept and personality, and,
decision making. The environmental determinants pertain to external influences
surrounding an individual and include sociological, anthropological and economic
16 | P a g e
Masters of Business Administration
components like the family, social groups, reference groups, social class, culture, sub-
culture, cross-culture, and national and regional influences.
The subject can be studied at micro or macro levels depending upon whether it is
analysed at the individual level or at the group level.
The subject is interdisciplinary. It has borrowed heavily from psychology (the study
of the individual: individual determinants in buying behaviour), sociology (the study
of groups: group dynamics in buying behaviour), social psychology (the study of how
an individual operates in group/groups and its effects on buying behaviour),
anthropology (the influence of society on the individual: cultural and cross-cultural
issues in buying behaviour), and economics (income and purchasing power).
Consumer behaviour is dynamic and interacting in nature. The three components of
cognition, affect and behaviour of individuals alone or in groups keeps on changing;
so does the environment. There is a continuous interplay or interaction between the
three components themselves and with the environment. This impacts consumption
pattern and behaviour and it keeps on evolving and it is highly dynamic.
Consumer behaviour involves the process of exchange between the buyer and the
Seller, mutually beneficial for both.
As a field of study it is descriptive and also analytical/ interpretive. It is descriptive as
it explains consumer decision making and behaviour in the context of individual
determinants and environmental influences. It is analytical/ interpretive, as against a
backdrop of theories borrowed from psychology, sociology, social psychology,
anthropology and economics, the study analyses consumption behaviour of
individuals alone and in groups. It makes use of qualitative and quantitative tools and
techniques for research and analysis, with the objective is to understand and predict
consumption behaviour.
It is a science as well as an art. It uses both, theories borrowed from social sciences to
understand consumption behaviour, and quantitative and qualitative tools and
techniques to predict consumer behaviour.
17 | P a g e
Masters of Business Administration
Scope of study
The study of consumer behaviour deals with understanding consumption patterns and
behaviour. It includes within its ambit the answers to the following:
The scope of consumer behaviour includes not only the actual buyer but also the various
roles played by him/ different individuals
18 | P a g e
Masters of Business Administration
19 | P a g e
Masters of Business Administration
INDUSTRY PROFILE
The Industrial Adhesives and Tapes Division (IATD) designs, manufactures and markets
extensive product lines within five businesses: Converter Markets and Bonding Tapes;
Specialty, Single Coated and Masking Tapes; Adhesives; Paper and Printing; and Packaging
Tapes and Equipment.
IATD offers products within these categories/areas: acrylic, epoxy, urethane, hot melt,
cyanoacrylate, aerosol adhesives and chemicals, water-based and solvent-based general liquid
adhesives, adhesive applicators and specialty sealants; a complete line of single- and double-
coated pressure sensitive tapes, including adhesive transfer tapes, masking, specialty tapes,
bundling and reinforcing, identification label materials, packaging, protective tapes and
equipment, and products for paper and printing.
IATD products are ideal for applications that need high and low temperature performance,
short and long term protection, special characteristics, weatherability, durability, high
strength, bonding, sealing, tamper indicating, identifying, box closure and sealing, bundling
and reinforcing, masking and gasketing.
The Converter Market Industry Center is dedicated to the development of products to the
converter channel. This includes identification materials including adhesive transfer tapes for
the manufacture of nameplates.
The Paper and Printing business unit provides products and services to the paper mill and
commercial printing industry.
Major Markets: Construction, general industrial, electronics, transportation, metal and metal
finishing, plastic, wood (furniture), appliances, recreational, medical device, pharmaceutical,
food and beverage, paper and printing, marine, metal finishing, aerospace and commercial
vehicle.
Distribution: Industrial distributors, retail markets and authorized converters.
20 | P a g e
Masters of Business Administration
COMPANY PROFILE
3M Company (3M), incorporated in 1929, is a diversified technology company with a
presence in the industrial and transportation; health care; consumer and office; safety,
security and protection services; display and graphics, and electro and communications
businesses. 3M manages its operations in six business segments: Industrial and
Transportation; Health Care; Consumer and Office; Safety, Security and Protection Services;
Display and Graphics, and Electro and Communications. 3M products are sold through a
number of distribution channels, including directly to users and through wholesalers,
retailers, jobbers, distributors and dealers in a range of trades in a number of countries
worldwide. In April 2012, it acquired Cordierite Inc.
The Industrial and Transportation segment serves a range of markets, such as automotive
original equipment manufacturer (OEM) and automotive aftermarket (auto body shops and
retail), renewable energy, electronics, paper and packaging, food and beverage, and
appliance. Industrial and Transportation products include tapes, a variety of coated and non-
21 | P a g e
Masters of Business Administration
woven abrasives, adhesives, specialty materials, filtration products, energy control products,
closure systems for personal hygiene products, acoustic systems products, and components
and products that are used in the manufacture, repair and maintenance of automotive, marine,
aircraft and specialty vehicles. Its industrial products include vinyl, polyester, foil and
specialty industrial tapes and adhesives; Scotch Masking Tape, Scotch Filament Tape and
Scotch Packaging Tape; packaging equipment; 3M VHB Bonding Tapes; conductive, low
surface energy, hot melt, spray and structural adhesives; reclosable fasteners; label materials
for durable goods; and coated, nonwoven and microstructured surface finishing and grinding
abrasives for the industrial market.
The Health Care segment serves markets that include medical clinics and hospitals,
pharmaceuticals, dental and orthodontic practitioners, and health information systems.
Products and services provided to these and other markets include medical and surgical
supplies, skin health and infection prevention products, inhalation and transdermal drug
delivery systems, dental and orthodontic products (oral care), health information systems, and
food safety products. In the medical and surgical areas, 3M is a supplier of medical tapes,
dressings, wound closure products, orthopedic casting materials, electrodes and stethoscopes.
In infection prevention, 3M markets a range of surgical drapes, masks and preps, as well as
sterilization assurance equipment. Other products include drug delivery systems, such as
22 | P a g e
Masters of Business Administration
metered-dose inhalers, transdermal skin patches and related components. Dental and
orthodontic products include restoratives, adhesives, finishing and polishing products,
crowns, impression materials, preventive sealants, professional tooth whiteners, prophylaxis
and orthodontic appliances. In health information systems, 3M develops and markets
computer software for hospital coding and data classification, and provides related consulting
services. 3M provides food safety products for food processors to test the microbiological
quality of food.
The Consumer and Office segment serves markets that include consumer retail, office retail,
home improvement, building maintenance and other markets. Products in this segment
include office supply products, stationery products, construction and home improvement
products (do-it-yourself), home care products, protective material products, certain consumer
retail personal safety products, and consumer health care products. Consumer and office
products include Scotch brand products, such as Scotch Magic Tape, Scotch Glue Stick and
Scotch Cushioned Mailer; Post-it Products, such as Post-it Flags, Post-it Note Pads, Post-it
Labeling & Cover-up Tape, and Post-it Pop-up Notes and Dispensers; construction and home
improvement products, including surface-preparation and wood-finishing materials,
Command Adhesive Products and Filtrete Filters for furnaces and air conditioners; home care
products, including Scotch-Brite Scour Pads, Scotch-Brite Scrub Sponges, Scotch-Brite
Microfiber Cloth products, O-Cel-O Sponges and Scotchgard Fabric Protectors; protective
material products; certain maintenance-free respirators; certain consumer retail personal
safety products, including safety glasses and hearing protectors; and Nexcare Adhesive
Bandages.
The Safety, Security and Protection Services segment serves a range of markets for the
safety, security and productivity of workers, facilities and systems. The product offerings
include personal protection products, cleaning and protection products for commercial
establishments, safety and security products (including border and civil security solutions),
roofing granules for asphalt shingles, corrosion protection products used in the oil and gas
pipeline markets, and track and trace solutions. Cogent Inc. and Attenti Holdings S.A. Cogent
Inc. is a provider of finger, palm, face and iris biometric systems for governments, law
enforcement agencies, and commercial enterprises. Attenti Holdings S.A. is a supplier of
23 | P a g e
Masters of Business Administration
This segment‟s products include personal protection products, such as certain reusable
respirators, personal protective equipment, head and face protection, body protection, hearing
protection and protective eyewear. In addition, this segment provides electronic surveillance
products, films that protect against counterfeiting, and reflective materials that are used on
apparel, footwear and accessories, enhancing visibility in low-light situations. 3M‟s Track
and Trace Solutions business utilizes radio frequency identification (RFID) technology to
provide an array of solutions. Other products include spill-control sorbents; 3M Thinsulate
Insulation and 3M Thinsulate Lite Loft Insulation; nonwoven abrasive materials for floor
maintenance and commercial cleaning; floor matting; natural and color-coated mineral
granules for asphalt shingles, and corrosion protection products.
The Display and Graphics segment serves markets that include electronic display, traffic
safety and commercial graphics. This segment includes optical film solutions for liquid
crystal display (LCD) electronic displays; computer screen filters; reflective sheeting for
transportation safety; commercial graphics sheeting and systems; architectural surface and
lighting solutions; and mobile interactive solutions, including mobile display technology,
visual systems products, and computer privacy filters. The optical film business provides
films that serve numerous market segments of the electronic display industry. 3M provides
products for five market segments, including products for LCD computer monitors, LCD
televisions, hand-held devices, such as cellular phones and tablets, notebook personal
computers (PCs) and automotive displays. In traffic safety systems, 3M provides reflective
sheeting‟s used on highway signs, vehicle license plates, construction work-zone devices,
trucks and other vehicles, and also provides pavement marking systems. The Company's
commercial graphics products include films, inks, digital signage systems and related
products used to produce graphics for vehicles, signs and interior surfaces. In addition, this
business includes desktop and notebook computer screen filters that address needs for light
control, privacy viewing and glare reduction.
24 | P a g e
Masters of Business Administration
The Electro and Communications segment serves the electrical, electronics and
communications industries, including electrical utilities; electrical construction, maintenance
and repair; original equipment manufacturer (OEM) electrical and electronics; computers and
peripherals; consumer electronics; telecommunications central office, outside plant and
enterprise; as well as aerospace, military, automotive and medical markets; with products that
enable the efficient transmission of electrical power and speed the delivery of information.
Products include electronic and interconnect solutions, microinterconnect systems, high-
performance fluids, high-temperature and display tapes, telecommunications products,
electrical products, and touch screens and touch monitors.
Its electronic and electrical products include packaging and interconnection devices; high-
performance fluids used in the manufacture of computer chips, and for cooling electronics
and lubricating computer hard disk drives; high-temperature and display tapes; insulating
materials, including pressure-sensitive tapes and resins; and related items. 3M Flexible
Circuits use electronic packaging and interconnection technology, providing more
connections in less space, and are used in ink-jet printer cartridges, cell phones and electronic
devices. This segment serves the world‟s telecommunications companies with a range of
products for fiber-optic and copper-based telecommunications systems for rapid deployment
in fixed and wireless networks. The 3 M Aluminum Conductor Composite Reinforced
(ACCR) electrical power cables, with an aluminium-based metal matrix at its core, increases
transmission capacity for existing power lines. The touch systems business includes touch
screens and touch monitors.
25 | P a g e
Masters of Business Administration
3M Wood working
Agency brief
What is 3M wood utility business?
A business that provides tapes, adhesives and abrasive products to the target market that are
applied either on wall or wood ,consequently fulfilling customer needs and creating value for
stakeholders
• Unique range of products that are involved in wall & wood working process from beginning
to the end e.g. in case of bonding alaminate to plywood, carpenter uses 3M synthetic resin
adhesive to bond the laminate to plywood surface and finally puts 3Mmasking tape to hold
the surface till the bonding is complete.
• An international product portfolio in abrasives, tapes and adhesives that can be leveraged in
India to upgrade the market to newer products that can make life easier.
To the end users and consumers – 3M wood utility business offers high quality and
innovative products for wall and wood working that makes their life easy
How is „life made easy‟ for the end user and consumer?
• Sheet goods – 230U & P518 – better surface preparation products for superior wall & wood
finishes
• 3M masking tapes – tapes for surface protection and superior two tone painting job
26 | P a g e
Masters of Business Administration
• 3M synthetic resin adhesive – fast drying adhesive for wood working solutions
• 3M masking tapes – guaranteed length and no adhesive transfer tape that go into holding
substrates together postapplication of adhesive
• 3M fiber discs – Fiber discs that offer better cut rate and usage life
• 3M mirror mount tape – tapes to adhere mirrors to wall or wood surface quickly and most
conveniently Life made easy for furniture units through
• Single business window that caters to all wood working needs of furniture units i.e. from
fiber discs to adhesives to masking tapes
• Upgrades to better products that make the wood working process efficient than before
• „Life made easy‟ strongly reflects our business vision and our brand promise
• Establishes 3M‟s connect with consumers and end users through an easily understandable
statement
• Strong positions 3M in the mind of the influencer, end user and consumer as a wall and
wood working solutions provider that makes life - problem free and easy
Following are the respective objectives for the appointment of the agency:
§ To bring in fresh ideas that relate to the brand and its communication to the consumers, end
users and channel partners
§ To conceptualize the ideas into an on ground activity or program that delivers the
respective business goal
§ Comprehensive planning of the activity or program along with set timelines of execution
and responsibility heads
• Evaluation of the marketing activity – Post execution, evaluation of the marketing activity
or program through extensive e-consumer, end user or channel feedback
27 | P a g e
Masters of Business Administration
We are looking for an integrated marketing communications agency that provides us with a
single window solution for all marketing activities. The marketing activities will include
ideation, conceptualization, execution and final evaluation of the marketingactivity in line
with our business goals. (Details of activities for 2010 mentioned in the scope of work)
As far as our current activities are concerned, we have the following short term goals that fall
in line with our marketing objectives
• There is a list of activities planned for 2010 that need to be executed by October end, 2010.
The execution of these activities is quite critical to the business and hence needs a faster turn
around time for respective execution.
• There is a list of parallel activities that will be part of the marketing communications agency
which includes –
§ Improvements in the current „Life made easy‟ logo along with clearly defined plan to
incorporate the same with mother logo „3M‟
§ Improvements in current „ Easy bhai‟ logo along with the plan to incorporate the same to
all communication
3M wood utility business has listed set of activities for 2010, for which we need execution by
September 15, 2010. Following is the list of elements that needs action from respective
marketing communication agency:
28 | P a g e
Masters of Business Administration
LIST OF ELEMENTS
(Product display stands – tentative size - 2ft by 1ft by 5ft – length by breadth by height with
three shelves to keep 1kg, 5kg and 10kg pack of 3M synthetic resin adhesive)
(Stationery - Set of 150-200 visiting cards, 200 letter heads & 200 envelopes)
(Easy bhai sammelan collaterals - two banners with eyelids – 8 ft by 4ft, registration table
branding (sun board) – 1.5ft by 1 ft, standees (1) – 6 ft by 2.5 ft)
(Season novelty - Novelty for furniture unit manufacturer owners e.g. set of wallet/Satya Paul
ties etc.)
o Logo design
29 | P a g e
Masters of Business Administration
• Production of specific elements like display stands, signage etc. based on approved design
/template
• On ground execution/installation of any signage, stands at various retail outlets across India
(specifically north, west and south region)
• Pre and post execution, marketing activity evaluation through set of retailers across India
1. The agency is required to present the concept presentation detailing on various design
options (2-3) for each element
2. In case of merchandise, the agency needs to show at least three different samples of each
merchandise element.
3. Along with that, it needs to submit tentative quotation for the entire program including
agency fees and all taxes as applicable.
The evaluation of the marketing communications agency shall be based on the following
parameters:
•Concept presentation
30 | P a g e
Masters of Business Administration
Corporate Responsibility
Corporate responsibility is now high on national and international agendas. Yet 3M has long
held the belief that reputation depends not solely on our financial performance but also on the
way we run our business. In 1975, 3M was one of the first major manufacturing companies
actively to address environmental issues and, as with our drive for innovation, we involved
employees through our benchmark program Pollution Prevention Pays.
Vision
Everything we do is underpinned by our corporate values and our day-to-day actions are
guided by our Business Conduct Policies.
3M's strategies for sustainability encompass the pursuit of customer satisfaction and
commercial success within a framework of environmental, social and economic values.
Environmental Stewardship: Provide practical and effective solutions and products to address
environmental challenges for ourselves and our customers.
Social Responsibility: Engage key stakeholders in dialogue and take action to improve 3M‟s
sustainability performance.
31 | P a g e
Masters of Business Administration
3M India has 4 Manufacturing Plants in operation in India. All these plants are certified ISO
14001: 2004 for its Environmental Management System. The initiative of obtaining this
certification is purely based on 3M's Environmental Policy.
At 3M, prior to launching any new product, the product is taken through a process called
Life Cycle Management (LCM) which addresses the Safety, Hazard & Environmental
aspects of products from concept stage upto the disposal of the product after its usage by the
end consumer. LCM is a commitment on our part to protect our environment for the benefit
of the communities we live and operate in. Further, each of our plants has in place a Stake
Holder Engagement Plan to ensure that concerns / views of interested parties like
employees, society, customers are taken care of from the point of view of environmental
protection .
As part of our normal due diligence during the purchase or sale of any piece of Land / Plant
in India, we engage a third party environmental consultancy service to conduct Phase 1 &
Phase 2 environmental due diligence, wherein soil samples are tested to meet ASTME
Standards (Global Standard for Soil Testing). We are one of the few companies in India
which follows ASTME Standards for Environmental Due Diligence
Each year, on World Environment Day, we contribute to this global effort with activities
such as planting of tree saplings and promoting environmental protection awareness
amongst our plant employees through an exhibition van sent by the State Pollution Control
Board. To observe National Safety Day, we celebrate the entire month as Safety Health
Environment Month at all our manufacturing facilities. Our main objective is to promote
safety, health and environment protection to our employees, their families and our local
communities.
3P (Pollution Prevention Pays) is our way to engage employees to work for Green Projects
like Recycling, Reuse, Reduce Recover. Employees who come up with innovative 3P
Projects, aimed at protecting the environment, are recognized by the 3M India Leadership on
a quarterly basis. 3M, globally, has in place a robust Environmental Health Safety (EHS)
policy which has objectives related to environmental protection and to providing safer work
places at all our plant locations.
At our upcoming manufacturing facility at Pune, a substantial investment has been made
towards installing a Thermal Oxidizer to burn organic vapors at the highest standard thereby
32 | P a g e
Masters of Business Administration
ensuring that there is no pollution to the ambient environment. As part of our commitment to
resource conservation, we have our own Sewage Treatment Plant and follow the pollution
control board norms to reuse water for gardening purposes and other miscellaneous needs. In
2007, we invested substantial funds to revamp the Sewage Treatment Plant at our Bangalore
plant.
In addition, we have a number of employee welfare activities for plant employees like
educational scholarships for children, emergency loans and the like. On an annual basis,
office-based employees collect books, clothes, blankets and such other items and donate
them to charities. In addition, 3M Clubs (a company sponsored, employee run club to
promote social interaction amongst employees) present in all the major cities in India often
take on projects that are of service to the under-served in our community.
Careers
3M's success is delivered day in and day out by its people. For more than a hundred years the
ideas and determination of talented individuals have ensured continuous growth so that today
we are a $30 billion global business with about 84,000 employees.
Why not join us? We are an open and exciting company where every person has the chance
to use their energy, creativity and skills to make a real contribution. Working at the leading
edge of innovation means people are stretched constantly and are focused on delivery of
individual and team targets. The reward for you is a challenging, stimulating career with a
range of opportunities across seven diverse businesses - and ongoing structured development
means you will grow, develop and discover new horizons. Our success will become your
success.
33 | P a g e
Masters of Business Administration
Leadership Development
People who join 3M and demonstrate leadership capability have access to a structured
curriculum of leadership development programmes. One example being our global, intensive
three-week Accelerated Leadership Development programme. We also have specific
functional programmes, such as the Marketing Leadership Development programme. In India
we run a Leadership Development Programme specifically for high potential managers in
conjunction with DFS Consulting.
Performance Management
We believe people should understand how their contribution adds value to the business.
Therefore every individual has clear objectives, linked to team and business objectives. These
are reviewed at least every year. In addition, the Employee Contribution and Development
Process (EC&DP) is a process for measuring and shaping individual contribution and
development. We also gather feedback through surveys from employees to ensure the
EC&DP is working and that people have written personal objectives in place.
Two-way Communication
If facing new challenges excites you, if you want to work for a company that is more than a
100 years old and be part of a family that takes care of you, then 3M is the place for you.
Visit our Careers section for more information on the opportunities we have to offer and the
work culture at 3M India.
34 | P a g e
Masters of Business Administration
35 | P a g e
Masters of Business Administration
RESEARCH METHODOLOGY
Objectives
Research Approach
The research worker contacted the respondents personally with well- prepared
sequentially arranged questions. The questionnaire is prepared on the basis of objectives of
the study. Direct contract is used for survey, i.e., contacting employees directly in order to
collect data.
Sample size
Sampling Area
The study is conducted in Bangalore at Wholesalers shops and Retails outlet from the
customers of 3M woodworking20adhesive spray
Sampling Design
The researcher has used probability sampling in which stratified random sampling is
used.
Collection of Data
Most of the data collected by the researcher is primary data through personal
interview, where the researcher and the respondent operate face – to – face.
36 | P a g e
Masters of Business Administration
Research Instrument
The researcher has used a structured questionnaire as a research instrument tool which
consists of open ended questions, multiple choice and dichotomous questions in order to get
data. Thus, Questionnaire is the data collection instrument used in the study. All the questions
in the questionnaire are organized in such a way that elicit all the relevant information that is
needed for the study
Statistical Tools
The statistical tools used for analysing the data collected are percentage method, bar
chart and pie chart.
Analysis of Data
The data are collected through survey and books, reports, and internet etc., the survey
conducted among the consumers of 3M woodworking 20 Adhesive spray. The data collected
by the researcher are tabulated and analysed in such a way to make interpretations.
Various steps, which are required to fulfil the purpose, i.e., editing, coding, and
tabulating. Editing refers to separate, correct and modify the collected data. Coding refers to
assigning number or other symbols to each answer for placing them in categories to prepare
data for tabulation refers to bring together the similar data in rows and columns and totalling
them in an accurate and meaningful manner The collected data are analysed and interrupted
using statistical tools and techniques.
The survey is subjected to the bias and prejudices of the respondents. Hence 100%
accuracy can‟t be assured.
The researcher was carried out in a short span of time, where in the researcher could
not widen the study.
The study could not be generalized due to the fact that researcher adapted personal
interview method
37 | P a g e
Masters of Business Administration
Statement of Problem
The need of study is to analyse the customer behaviour of 3M wood working 20 spray
adhesive. It gives clear cut information about decision making of the 3M wood working
20 spray adhesive .
The market research study help in to understand the current market and the public
attitude, perception towards the company Market research serves a single purpose which
assist the management in making better decision and help them in recognizing and
reacting to the market opportunities and problem.
Chapter Scheme
Chapter 1: Introduction
Chapter 2: Industry profile & company Profile
Chapter 3: Research Methodology
Chapter 4: Data Presentation, Analysis and Finding
Chapter 5: Summary of Findings
Chapter 6: Recommendation
Chapter7: Conclusion
38 | P a g e
Masters of Business Administration
39 | P a g e
Masters of Business Administration
Employement Status
30
25
20
15 Total
10
0
Architects Engeneers Contractor Carpentor
Interpretation
From this following chart it is understood that most of the customer that come is carpenters coming
into the retail shop or wholesaler is i.e. 54%, contractors 30%,,engineer 4% and architects 12%.
40 | P a g e
Masters of Business Administration
Interpretation
Most of the consumer have responded that it depends according to the work that they r going 2 do
it might be once or according to the work to complete.
41 | P a g e
Masters of Business Administration
5.2 What would be your main reason for buying the product?
30
25
20
Total
15
10
5
0
Quality Quantity Brand Price Work
done faster
Particular
Interpretation
From the above chart we can understand that the customers have liked the quality of the product
that is the main reason that they would like to buy the product and compared to other product the
work can be done faster. But the price of the product is high that why most of the customers don’t
prefer to buy the product .
42 | P a g e
Masters of Business Administration
5.4 Based on the description, what price would you expect to pay for the service? Please
record one number
Percentag
So.no Particular Total e
1 610 2 4
2 500 14 28
3 450 20 40
4 300 14 28
50
28%
28% 610
500
450
300
40%
Interpretation
Most of the consumer would not like to increase their expense thought they like the product all
want it at a lower rate.
43 | P a g e
Masters of Business Administration
5.5 If you wanted to buy/have this new service, which purchase method would you
most prefer?
Percentag
SO.no Particular Total e
1 Calling and ordering by telephone 30 20
2 Ordering through the mail 10 60
3 Going to the company/place of business/wholesale store 10 20
50
Purchare of product
30
25
20
15
10 Series1
5
0
Calling and ordering Ordering through the Going to the
by telephone mail company/place of
business/wholesale
store
Interpretation
Most of the consumers would like save their time so that they can do their work fast by not wasting
time .once the consumer become the regular customers of the retail shop or wholesaler then it wil
become easy 2 make a good relationship with the wholesaler.
44 | P a g e
Masters of Business Administration
5.6 Would you recommend our product/service to contacts within your industry?
Percentag
S.no Particular Total e
1 Definitely 30 60
2 Probably 10 20
3 Not sure 1 2
4 Probably not 9 18
Definitely not 0 0
50
Not sure
2%
Probably Definitely
20% 60%
Interpretation
Most of the consumer would recommends the product .but some of the consumers would not
because of the price of the product is too high.
45 | P a g e
Masters of Business Administration
5.7 Thinking of similar products/services offered by other companies, how would you
compare our product/service offered to them?
Percentag
S.no Particular Total e
1 Much better 40 80
2 Somewhat better 7 14
3 About the same 3 6
4 Somewhat worse 0 0
5 Don‟t know 0 0
50
40
35
30
25
20
15
10
5
0
Much Somewhat About the Somewhat Don’t know
better better same worse
Interpretation
The consumer have liked the product than the other because they can do there work fast some
saying that the product is the same .
46 | P a g e
Masters of Business Administration
Percentag
S.no Particular Total e
1 Yes 10 20
2 No 40 80
50
Advertisement
Yes No
20%
80%
Interpretation
Most os the customer have not seen the brand at advertisement only 20% have knowledge about
the company and the product .
47 | P a g e
Masters of Business Administration
5.9 Does Advertisement made any effect on your purchasing decision of brand?
Percentag
S.no Particular Total e
1 Yes 27 54
2 No 21 42
3 Can't say 2 4
50
30
25
20
15
10
5
0
Yes No Can't say
Interpretation
Yes most of the consumers had no knowledge about the product when they understood
how and what is the product used they got attracted to the product/brand.
48 | P a g e
Masters of Business Administration
6%
Yes
No
94%
Interpretation
As this is a new product most of the consumers were not aware of the product how it is use n what
all can be done in by using this product.
49 | P a g e
Masters of Business Administration
30
25
20
Axis Title
15
10
5 Series1, 0
0
Price of the Quality of the Brand name of Availability of You prefer to
product product the product any brand / go with this
any product brand due to
Interpretation
Most of the consumers will buy the product because of it Quality the way the product can be used
in various application and the bonding can be done fast .but since the price is high only a few who
can afford the product will buy it .
50 | P a g e
Masters of Business Administration
20%
Not very interested
40%
6% Neither interested nor
uninterested
14% Somewhat interested
Extremely interested
20%
Interpretation
Some of the customers who know how is the product and what all can be done by the product will
by but some of the consumer will not buy the product because of it high price and their own
principals.
51 | P a g e
Masters of Business Administration
30
25
20
Axis Title
15
10
5
0
Poor Fair Good Very Good Excellent
Axis Title
Interpretation
The need of the consumer is 2 strict wood and to get there work done fast in this graph it shows that
the consumer is satisfied with the product and its ways of using the product, buy some customer is
not because of the price and the application cannot be used in all the material.
52 | P a g e
Masters of Business Administration
Purchase again
12%
6%
34% Definitely
4%
Probably
Not sure
Probably not
Definitely not
44%
Interpretation
Most of the customer save the cost so only those who fine the product is affordable they will buy it
.Majority of the consumers are impressed with the product.
53 | P a g e
Masters of Business Administration
54 | P a g e
Masters of Business Administration
FINDINGS
The customer that comes is carpenters coming into the retail shop or wholesaler are i.e.
54%, contractors 30%, engineer 4% and architects 12%.
Most of the consumer have responded that it depends according to the work that they r
going 2 do it might be once or according to the work to complete.
The customers have liked the quality of the product that is the main reason that they would
like to buy the product and compared to other product the work can be done faster. But the
price of the product is high that why most of the customers don’t prefer to buy the product .
The consumer would not like to increase their expense thought they like the product all
want it at a lower rate.
Most of the consumers would like save their time so that they can do their work fast by not
wasting time .once the consumer become the regular customers of the retail shop or
wholesaler then it will become easy 2 make a good relationship with the wholesaler.
Most of the consumer would recommends the product .but some of the consumers would
not because of the price of the product is too high
The consumer have liked the product than the other because they can do their work fast
some saying that the product is the same.
Most of the customer has not seen the brand at advertisement only 20% have knowledge
about the company and the product.
Most of the consumers had no knowledge about the product when they understood
how and what is the product used they got attracted to the product/brand.
This is a new product most of of the consumers were not aware of the product how it is use
n what all can be done in by using this product.
The consumers will buy the product because of it Quality the way the product can be used
in various application and the bonding can be done fast .but since the price is high only a few
who can afford the product will buy it .
The customers who know how is the product and what all can be done by the product will
by but some of the consumer will not buy the product because of it high price and their own
principals.
The consumer is 2 strict wood and to get there work done fast in this graph it shows that the
consumer is satisfied with the product and its ways of using the product, buy some customer
is not because of the price and the application cannot be used in all the material.
The customer save the cost so only those who fine the product is affordable they will buy it
.Majority of the consumers are impressed with the product.
55 | P a g e
Masters of Business Administration
SUGGESTION
The company should provide sample to the consumer so that they can test the product and
know how good it is.
They should provide all the stores with stock
They should give advertisement for the product
The should provide with relevant information to the consumer
56 | P a g e
Masters of Business Administration
CONCLUSION
3M is a very successful and well reputed company in the Industrial and Transportation
Business, Health Care Business, Consumer and Office Business, Safety, Security and
Protection Services Business, Display and Graphics Business, Electro and
Communications Business the customers of 3M are mostly satisfied with the Product
provided by them. Though there is some dissatisfaction in areas like Price of the product,
Application cannot be used in all the woods and it will take more than the time given for
bonding.. Provide ad for the product and Provide proper information to the employees,. 3M is
a pioneer in its fields and keeps its employees motivated and satisfied, I see a bright and
successful future for this company.
57 | P a g e
Masters of Business Administration
ANNEXURE
QUESTIONNAIRE
Please take a few moments to complete our product satisfaction survey. Your responses will
help us to address any issues that you may have as well as to better target our products and
Name:
Age:
Gender:
a) Interior Designer
b) Engineer
c) Carpenter
d) Contractor
e) Other
a. Quality
b. Quantity
c. Brand
d. Price
e. Work done faster
58 | P a g e
Masters of Business Administration
4. Based on the description, what price would you expect to pay for the service? Please
record one number
a) 610
b) 500
c) 450
d) 300
5. If you wanted to buy/have this new service, which purchase method would you
most prefer?
a. Definitely
b. Probably
c. Not sure
d. Probably not
e. Definitely not
a. Much better
b. Somewhat better
c. About the same
d. Somewhat worse
e. Don‟t know
59 | P a g e
Masters of Business Administration
a) Yes
b) No
9. How would you ratify the commercials on the factor of Script of Ad?
a) Excellent
b) Good
c) Can‟t Say
d) Not so good
e) Not have any effect
10. Does Advertisement made any effect on your purchasing decision of brand?
a) Yes
b) No
c) Can't say
a) Yes
b) No
60 | P a g e
Masters of Business Administration
a. Poor
b. Fair
c. Good
d. Very Good
e. Excellent
15. How often do you use products from this [Service Category]?
a. Every day
b. Once a week
c. Once a month
d. Two-three times a year
e. Once a year
f. Less often
g. Never used
a. Definitely
b. Probably
c. Not sure
d. Probably not
e. Definitely not
61 | P a g e
Masters of Business Administration
DAILY REPORT
Balaji Plywood 1 9341226358 NILL Ravi Kiran Yes No
Ramja Warny(S.R
2 Furnitures) 9731066884 NILL NILL Yes No
3 Sri Karth.R(Wood India) 9845244474 NILL NILL Yes No
Shaif(Bangalore
4 Plywood) 9449520000 NILL NILL Yes No
Metro Sharif(Bangalore
Plywood&Veneers 1 Plywood) 9449520000 NILL NILL Yes Yes
Sree Balaji
Plywood 1 Rakash Kumar 9845244004 NILL NILL Yes No
2 9901738100 NILL Rakash Yes No
3 Raju Sharma 9738881868 NILL NILL Yes No
4 Muruther 9845261627 NILL NILL Yes No
G.Radhakrishan(Wood
5 tech) 9341916241 NILL NILL Yes No
6 Lalu Ram Sulhar 9845947326 NILL NILL Yes No
Sir
Vengateshwara
Tanders NILL NILL NILL NILL NILL NILL NILL
62 | P a g e
Masters of Business Administration
Plylam
2 080-23345109 Sudhir Yes No
KR
3 9845720943 NILL Pandurayanth Yes No
Mahaveer
Hardware Kitchen 9964116812 ,
Bathroom ace 1 Pavan 9590377513 NILL NILL Yes No
2 SA Sreedhar 9845896219 NILL NILL Yes No
Sree Shyam
Enterprices 1 Shanmughum 9845647415 NILL NILL Yes No
2 Chandha Shakhar 9538365854 NILL NILL Yes No
3 Srinivas 9844082950 NILL NILL Yes No
4 Vijay 7204915630 NILL NILL Yes No
5 Suash 9448550354 NILL NILL Yes No
6 Ravi 9448035467 NILL NILL Yes No
7 Gomu 9845130549 NILL NILL Yes No
Shival Hardware
& Plywood 1 Babu 9845320709 NILL NILL Yes No
Silicon Durga
Sales 1 Rathnakar 9844995177 NILL NILL Yes No
2 Mahash 9731127346 NILL NILL Yes No
3 Ajay 9880577562 NILL NILL Yes No
4 Santhosh Sharma 9034704375 NILL NILL Yes No
63 | P a g e
Masters of Business Administration
Swarna Plywood
& Glass 1 Thirumal 9980817959 NILL NILL Yes No
2 R K Sharma 9686789138 NILL NILL Yes No
Arun Kumar(M N
3 constuuction) 9880400613 NILL NILL Yes No
4 Makash 9538416280 NILL NILL Yes No
5 Anil Kumar 9880919080 NILL NILL No No
6 Sunil 9886451276 NILL NILL No No
7 Dharmandher 9972223427 NILL NILL No No
8 Khetharam 9845294895 NILL NILL Yes No
9 Govindha 9945133292 NILL NILL No No
Vinayaka Timber
& Plywood 1 Kumar 9448522332 NILL NILL Yes Yes
2 George 9880656299 NILL NILL Yes No
3 Mallick 9845640667 NILL NILL Yes Yes
4 Anil(Contractor) 9535512315 NILL NILL Yes No
5 Hyder 9900740533 NILL NILL Yes No
Bhagaya Laxmi
Timber &
Plywood 1 Sandeep 9986621090 NILL NILL Yes No
2 Razvan 7204238298 NILL NILL Yes No
3 Imran 8904434950 NILL NILL Yes No
4 Raja 9342157757 NILL NILL Yes No
5 Babu 9379906662 NILL NILL Yes No
Bharath Glass
Home 1 Balu 9845321690 NILL NILL Yes No
2 Sumesh 9883126831 NILL NILL Yes No
3 Manu 9446813200 NILL NILL Yes No
64 | P a g e
Masters of Business Administration
Ambika Hardware
& Plywood 1 Manohar 9343724034 NILL NILL Yes No
Discoy Construction Co
2 (Kiran) 9845596873 NILL NILL Yes No
3 Shaker 8453423809 NILL NILL Yes No
4 Mani 9886751472 NILL NILL Yes No
5 A Robert 9739838849 NILL NILL Yes No
6 Zumer Lal 9886228738 NILL NILL Yes No
7 Sinivas 9448967809 NILL NILL Yes No
8 Ram 9242887250 NILL NILL Yes No
9 Kumar 9845398315 NILL NILL Yes No
Bhanwani
Enterpriceses 1 Frances 9945791401 NILL NILL Yes No
2 Prakash 9880943877 NILL NILL Yes No
3 Manesh 9916978645 NILL NILL Yes No
4 Nadish 9742768005 NILL NILL Yes No
5 Murthi 9448352351 NILL NILL Yes No
6 Girish 9880613551 NILL NILL Yes No
7 Ramana 9901699715 NILL NILL Yes No
8 Mohan 9686352429 NILL NILL Yes No
65 | P a g e
Masters of Business Administration
WEEKLY REPORT
(Replenished Y/N)
Sale in the week
Stock at Outlet
Person Met
Visited
Sr. No.
1 Balaji Plywood 4 6 9 1
2 Nataraj Timber 1 1 6 1
3 Metro Plywood&Veneers 1 2 5 1
4 Mysore Glass & Plywood 0 0 2 1
5 Hanuman Timbers 2 0 2 1
10 Bashankankari 2 10 14 1
13 Shyam Enterprices 7 1 4 1
14 Balaji Plywood 2 0 3 1
15 Sri Vinyaka 10 3 6 1
66 | P a g e
Masters of Business Administration
25 Jai SriramPlywood 2 1 3 1
27 Bhanwani Enterpriceses 8 2 5 1
28 Shiv Enterprices 7 2 6 1
29 Balaji Timber 4 0 4 1
111 51 150 24
67 | P a g e
Masters of Business Administration
APPLICATION GUIDE
68 | P a g e
Masters of Business Administration
69 | P a g e
Masters of Business Administration
BIBLIOGRAPHY
Peter, P.J. and Olson, J.C., Consumer Behaviour and Marketing Strategy, Seventh Edition,
2005, McGraw-Hill Higher Education.
Schiffman, L.G. and Kanuk, L.L
http://in.reuters.com/finance/stocks/companyProfile?symbol=MMM., Consumer Behavior,
Eight Edition
http://www.researchmethod.org/types-of-research/
http://solutions.3mindia.co.in/wps/portal/3M/en_IN/about-
3M/information/about/careers/
70 | P a g e