Bajaj Iron Box Project
Bajaj Iron Box Project
1
ORGANIZATION SELECTED FOR THE STUDY
The company selected for the study was Bajaj. It is one of the world's
leading engineering corporations. Their portfolio ranges from transformers,
switchgear, circuit breakers, network protection & control gear, project
engineering, HT and LT motors, drives, lighting, fans, pumps and consumer
appliances and turnkey solutions in all these areas; thus enhancing the many
aspects of industrial and personal life. The company operates in four segments:
Power Systems, Consumer Products, Industrial Systems and Others. The Power
Systems include transformer, switchgear, turnkey projects and power
Supervisory control and data acquisition systems (SCADA).
2
COMPANY PROFILE
In the early 2000s, Bajaj Auto bought a controlling stake in the Tempo
Firodia company, renaming it "Bajaj Tempo". Germany's Daimler-Benz owned
16% of Bajaj Tempo, but Daimler sold their stake back to the Firodia group. It
was agreed that Bajaj Tempo would gradually phase out the use of the "Tempo"
brand name, as it still belonged to Mercedes-Benz. The name of the company
was changed to Force Motors in 2005, dropping "Bajaj" as well as "Tempo",
over the objections of Bajaj Auto with whom the company shares a long history
as well as a compound wall.
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KTM to KTM's controlling shareholder Pierer Mobility, a subsidiary of Pierer
Industrie.
On 26 May 2008, Bajaj Auto Limited was split off into three corporate
entities — Bajaj Finserv Limited (BFL), Bajaj Auto Ltd (BAL), and Bajaj
Holdings and Investment Ltd (BHIL).
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Nalgonda, Kurnool, Warangal, Tirupati, Vijayawada, Rajahmundry, and Guntur
where you can shop for the latest in electronics.
Our portfolio includes product lines that range from affordable & mass-
market to luxurious and cater to every economic group. The portfolio of Bajaj
Electronics includes all the leading electronic brands – LG, Panasonic, Sony,
Oppo, Vivo, Dell, HP, OnePlus, Voltas, etc. to name a few.
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PRODUCT PROFILE
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iron. With an extra-long cord, you can press your clothes at a comfortable
distance from the main switch. Another important means of garment care is the
dry iron that comes with a non-stick plate that is coated on the sole. The handle
does not heat up on use as it has a cool touch grip, making it easier for you to
press the clothes to give it a visually appealing finish. The dry iron is
ergonomically designed for convenient use during ironing. To ensure that the
clothes do not burn while being ironed, it is equipped with an auto-lift feature
which lets the dry iron be lifted up from the front.
You can now easily browse through the various options and buy an iron
online. You do not have to worry about the Bajaj iron price as different ranges
are available for the various budgetary requirements.
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chic and a sophisticated look. Dry irons and steam irons are ideal for this
purpose. They have very low maintenance requirements and you can use them
daily without any hassles.
Ergonomic Design
Bajaj dry irons have been carefully designed, with thorough consideration
of all the aspects. Our dry irons have a slender ergonomic design that allows
you to smoothen out all the wrinkles in your clothes seamlessly, while offering
an aesthetically pleasing look. Some of our dry iron models have an innovative,
patented structure. The range of our Insta Lift dry irons is popular as it
incorporates an auto lift feature that immediately lifts off the front hot bottom of
the iron once released, to eliminate the risk of burning clothes. Our other dry
irons have a classic design that use a flat vertical stand which is perpendicular to
the smooth ironing bottom. Overall, all our dry irons have a comfortable hand
grip for an unperturbed ironing experience.
High Quality
The star component, however, in all our dry irons is the heating plate
attached to the bottom. These plates have an elongated triangular design with a
tapering end that allows you to smoothen out wrinkles evenly in slender pleats
or tricky folds of clothes. All of Bajaj’s best dry irons have a non-stick coated
sole plate. The coating is essential to eliminate as much friction as possible and
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to allow a plush finish to your ironed clothes. Moreover, its super clean surface
finish requires almost no maintenance and is entirely resistant to rusting.
No Compromises on Safety
We have a few models of the dry iron which lean on the heavier side.
However, the modern construction of a dry iron is a lightweight one for added
convenience and for an easier glide. Since a dry iron is a gadget that reaches
temperatures that are high enough to cause serious mishaps, it is crucial that all
aspects for providing safety for the user as well as for the gadget are covered
comprehensively. All our Bajaj dry irons assure all-round safety with a fully
insulated stainless steel and thermoplastic construction of its body. They also
have a mandatory safety thermal fuse that prevents the gadget from overheating
when exposed to a constant supply of electricity. Moreover, Bajaj irons are
approved by BIS (Bureau of Indian Standards) and are conferred with an ISI
mark of excellence.
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While opting for a steam iron, it is important to remember that the steam
should be enough to get rid of the creases. The water reservoir of the steam iron
should be easy to fill whenever required. A steam iron is a versatile device that
makes removing the creases from clothes easier. You no longer have to put in
extra effort to press the clothes, the steam does that for you.
Professional Look
The Bajaj steam iron is one of the best steam irons as it easily glides over
the clothes due to the non-stick coated sole of the plate. It is equipped with a
number of steam vents that help in the even distribution of steam. You can also
use the Bajaj steam iron vertically so as to press the curtains or any other
vertically suspended material. The steam flow of the steam iron can be
manipulated as per your requirement to press different types of clothes. A
powerful burst of the steam ensures that you can get rid of the stubborn creases
without the need to press it too hard. Using the Bajaj steam iron, you can press
your clothes to give them a pleasant finish. The cordless steam iron is extremely
convenient to use. The water spraying facility of the steam iron is powerful
enough to deal with certain creases that are usually very hard to get rid of.
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OBJECTIVES OF THE STUDY
The objectives of the study are mainly classified into two types
Primary:
To identify the level of satisfaction of Bajaj iron box dealers and to
measure the factors influencing the dealers to deal with Bajaj.
Secondary:
To identify the pattern of advertisement followed by the dealers.
To find out how the dealers rate the brand Bajaj.
To know how the dealers rate the quality of premium iron box of Bajaj.
To find out how the dealers rate the promotional activities carried down
by Bajaj.
To know the impact of after sales service provided by Bajaj and the
satisfaction level of the dealers
To know dealers opinion regarding the availability of Bajaj iron box.
To find out the areas of dealership that needs improvement with respect
to Bajaj iron box.
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RESEARCH METHODOLOGY
Sources of Data
The data were collected from both primary and secondary sources. The
primary data were collected from the sample respondents with questionnaire.
Secondary data were collected from magazines, and periodicals.
Collection of Data
The study uses both primary and secondary data collection of data is the
first step in the satiation treatment of a problem. The data regarding the price,
quality, satisfaction etc., before collecting the data pilot study was conducted
and the necessary corrections were made in schedule. After identifying and
designing the research problem and determining the specific information for the
research can collect through primary data and secondary data.
Primary Data
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Secondary data
Secondary data those data which are collected from some earlier research
work I are in printed booklets and company websites.
Sampling
Sampling means where only a few units of population under study are
considered for analysis is called sampling.
Sample Unit
Sample Size
Sample Technique
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DATA ANALYSIS AND INTERPRETATION
Data Analysis
No. Of Respondents
Percentage = ———————————— x 100
Total respondents
Research design
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TABLE-1
No. of
S.No. Particulars Percentage
Respondents
1. Yes 80 80
2. No 20 20
16
CHART-1
100
90 80
80
70
Percentage
60
50
40
30 20
20
10
0
Yes No
Particulars
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TABLE-2
No. of
S.No. Particulars Percentage
Respondents
1 Bajaj Iron Box 60 75
2 Philips 15 19
Total 80 100
Among 80 Respondents
75% of respondents prefer in Bajaj Iron Box.
19% of respondents prefer in Philips Iron Box.
6% of respondents prefer in Lucky Gold Star Iron Box.
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CHART-2
100
90
80 75
70
Percentage
60
50
40
30
19
20
6
10
0
Bajaj Philips Lucky Gold Star
Particulars
19
TABLE-3
2 Good 25 42
3 Better 15 25
Total 60 100
Among 60 Respondents
33% of respondents say that the Bajaj quality is excellent.
42% of respondents say that the Bajaj quality is good.
25% of respondents say that the Bajaj quality is better.
20
CHART-3
21
100
90
80
70
Percentage
60
50 42
40 33
25
30
20
10
0
Excellent Good Better
TABLE-4
Particulars
2 Costly 15 25
3 Low 10 17
Total 60 100
Among 60 Respondents
58% of respondents say that the Bajaj price is moderate.
25% of respondents say that the Bajaj price is costly.
17% of respondents say that the Bajaj price is low.
22
23
CHART-4
100
90
80
70
58
Percentage
60
50
40
30 25
17
20
10
0
Moderate Costly Low
Particulars
24
TABLE-5
2 No 10 17
Total 60 100
Among 60 Respondents
83% of respondents expecting offer from Bajaj iron box.
17% of respondents expecting offer from Bajaj iron box.
25
CHART-5
100
90 83
80
70
Percentage
60
50
40
30
17
20
10
0
Yes No
Particulars
26
TABLE-6
2 Cash Discount 25 42
3 Quality Offer 0 0
Total 60 100
Among 60 Respondents
58% of respondents expecting price reduction offer from Bajaj iron box.
42% of respondents expecting cash discount offer from Bajaj iron box.
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CHART-6
100
90
80
70
58
Percentage
60
50 42
40
30
20
10
0
0
Price Reduction Cash Discount Quality Offer
Particulars
28
TABLE-7
2 Wholesale 5 8
3 Online Shopping 25 42
Total 60 100
Among 60 Respondents
50% of respondents purchasing Bajaj iron box from retail shop.
8% of respondents purchasing Bajaj iron box from wholesale.
42% of respondents purchasing Bajaj iron box from online shopping.
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CHART-7
100
90
80
70
60
50
Percentage
50 42
40
30
20
8
10
0
Retail Shop Wholesale Online Shopping
Particulars
30
TABLE-8
2 Ironing Centre 5 8
3 Tailoring Shop 25 42
Total 60 100
Among 60 Respondents
50% of respondents using Bajaj iron box in home.
8% of respondents using Bajaj iron box in ironing centre.
42% of respondents using Bajaj iron box in tailoring centre.
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CHART-8
100
90
80
70
Percentage
60
50
50 42
40
30
20
8
10
0
Retail Shop Wholesale Online Shopping
Particulars
32
TABLE-9
Total 60 100
Among 60 Respondents
17% of respondents changing Bajaj iron box in every 2 years.
83% of respondents changing Bajaj iron box when it become damaged.
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CHART-9
100
90 83
80
70
Percentage
60
50
40
30
17
20
10
0
Every 2 years When it become damaged
Particulars
34
TABLE-10
2 5-10 years 20 8
3 Above 10 years 15 42
Total 60 100
Among 60 Respondents
50% of respondents using Bajaj iron box below 5 years.
8% of respondents using Bajaj iron box for 5-10 years.
42% of respondents using Bajaj iron box above 10 years.
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CHART-10
100
90
80
70
Percentage
60
50
50 42
40
30
20
8
10
0
Below 5 years 5-10 years Above 10 years
Particulars
36
TABLE-11
2 Havells 30 50
Total 60 100
Among 60 Respondents
42% of respondents using Philips before the Bajaj iron box.
50% of respondents using Havells before the same as Bajaj iron box.
8% of respondents using Lucky Gold Star before the Bajaj iron box.
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CHART-11
100
90
80
70
60
50
Percentage
50 42
40
30
20
8
10
0
Philips Havells Lucky Gold Star
Particulars
38
TABLE – 12
2 Neighbors 5 8
3 Newspaper 20 33
Total 60 100
Among 60 Respondents
58% of respondents are getting knowledge from television.
8% of respondents are getting knowledge from neighbors.
33% of respondents are getting knowledge from newspaper.
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CHART – 12
100
90
80
70
58
Percentage
60
50
40 33
30
20
8
10
0
Television Neighbors Newspaper
Particulars
40
TABLE-13
2. No 4 7
Total 60 100
41
CHART-13
100 93
90
80
70
Percentage
60
50
40
30
20
7
10
0
Yes No
Particulars
42
TABLE-14
1. Yes 6 10
2. No 54 90
Total 60 100
43
CHART-14
100
90
90
80
70
60
Percentage
50
40
30
20 10
10
0
Yes No
Particulars
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TABLE-15
2 More models 30 50
3 Quality improve 5 8
Total 60 100
Among 60 Respondents
42% of the respondents expect the changes of more facilities.
50% of the respondents expect the changes of more models.
8% of the respondents expect the changes of quality improve.
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CHART - 15
100
90
80
70
60
50
Percentage
50 42
40
30
20
8
10
0
More facilities More models Quality improve
Particulars
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TABLE-16
2 More models 20 33
3 Quality 30 50
Total 60 100
Among 60 Respondents
17% of the respondents comparing to previous brand for price.
33% of the respondents comparing to previous brand for more models.
50% of the respondents comparing to previous brand for quality.
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CHART - 16
100
90
80
70
60 50
Percentage
50
40 33
30
17
20
10
0
Price More models Quality
Particulars
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TABLE-17
2 Rarely available 0 0
3 Frequently available 20 33
Total 60 100
49
CHART-17
100
90
80
67
70
60
Percentage
50
40 33
30
20
10 0
0
Easily available Rarely available Frequently available
Particulars
50
TABLE-18
1. Satisfied 35 58
2. Fully satisfied 25 42
Total 60 100
Among 60 Respondents
58% of the respondents are satisfied in this Bajaj iron box.
42% of the respondents are fully satisfied in this Bajaj iron box.
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CHART – 18
100
90
80
70
58
60
Percentage
42
50
40
30
20
10
0
Satisfied Fully satisfied
Particulars
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FINDINGS
75% of respondents prefer in Bajaj Iron Box.
42% of respondents say that the Bajaj Iron Box quality is good.
58% of respondents say that the Bajaj Iron Box price is moderate.
83% of respondents expecting offer from Bajaj Iron Box.
58% of respondents expecting price reduction offer from Bajaj Iron
Box.
50% of respondents purchasing Bajaj Iron Box from retail shop.
50% of respondents using Bajaj Iron Box in home.
83% of respondents changing Bajaj Iron Box when it become
damaged.
50% of respondents using Bajaj Iron Box below 5 years.
50% of respondents using Havells before the same as Bajaj Iron Box.
58% of respondents are getting knowledge from television.
93% of the respondents are recommending the Bajaj Iron Box to
others.
90% of the respondents not expect the changes in Bajaj Iron Box.
50% of the respondents expect the changes of more models.
50% of the respondents comparing to previous brand for quality.
67% of the respondents say that Bajaj Iron Box easily available in our
area.
58% of the respondents are satisfied in this Bajaj Iron Box.
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SUGGESTIONS
There are only very few exclusive dealers for Bajaj Iron Box in Cumbum
town, therefore having exclusive dealership can be helpful for the
company.
Majority of the Bajaj Iron Box dealers depend solely on company
advertisement for making sales which mainly consist of hoardings and
bill boards. Encouraging the dealers to advertise the Bajaj Iron Box iron
box in collaboration with the company by word of mouth and Point-of-
purchase displays etc. can make positive differences in the sales.
12% of the dealer mentioned that margin received is average compared to
other brands. This could be due to the price difference that exist in the
market. Hence, the existence of price differences in the market is to be
checked and controlled by the company by maintaining strict price
standardization.
Dealer meets, trade allowances and push money can be good promotional
techniques to boost the morale of the dealers.
The existence of duplicates in the market should be checked and dealt
with using methods such as holograms, Unique bar coding etc.
Having a separate website where the Bajaj Iron Box iron box dealers can
enter using a separate user name and password thereby creating a
platform for them to interact among each other and the company alike can
be a cost effective way to maintain the dealer‘s morale.
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LIMITATIONS
The study has been completed during a short period of time so it was not
possible to study the problems well in detail.
The employee has low awareness level about the initiatives and practices
by which there is difficulty in collecting the information from employee.
There are inabilities to gather information from all the hierarchy levels of
organization. Sample size has been taken 45 for trainees.
No response for some of questions.
The scope of analysis was restricted as the questionnaire was distributed
only to few departments.
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CONCLUSION
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Understanding the needs of the dealers beforehand and making adequate
efforts to meet those needs on time are crucial for the growth and success of
Company‘s business. Dealer satisfaction is a systemized service that involves
the entire organization. This study helped in measuring and understanding those
factors which affected dealer satisfaction and to estimate the overall satisfaction
of Bajaj Iron Box dealers.
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BIBLIOGRAPHY
Books
Principles of marketing, Philip Kotler& Gary Armstrong
Marketing research -Principles applications & Cases, D.D. Sharama &
G.C. Beri
Statistical tools, S.P. Gupta
Research methodology, C.R. Kothari
Basic marketing, William G.Zikmund, Michaell d. Amico.
Websites
www.google.com
www.balajelectricals.com
www.jdpower.com
www.ibef.org
m.economicstime.com
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A MARKET SURVEY ON CONSUMER PREFERENCE AND
SATISFACTION TO BAJAJ IRON BOX IN
CUMBUM TOWN
QUESTIONNAIRE
Name : Age :
Address :
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11. How long do you use the Bajaj iron box?
A) Below 5 years B) 5-10 years C) Above 10 years
12. What was your previous brand using Bajaj iron box?
A) Philips B) Havells C) Lucky Gold Star
13. Which media attract you do know about the Bajaj iron box?
A) Television B) Neighbor C) Newspaper
14. Do you recommend the Bajaj Iron Box iron box to others?
A) Yes B) No
15. Do you expect any changes in the Bajaj Iron Box iron box?
A) Yes B) No
16. If yes, what kind of the changes do you expect?
A) More facilities B) More models C) Quality improve
17. Which makes you do adopt this product while comparing your previous
product?
A) Price B) More models C) Quality
18. Whether all models are available in Bajaj Iron Box iron box?
A) Easily available B) Rarely available C) Frequently available
19. What is your opinion satisfaction about Bajaj Iron Box iron box?
A) Satisfied B) Fully satisfied
20. Do you give any valuable suggestion...........................
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