A Study On Consumer Buying Behaviour Towards Samsung Electronics LTD
A Study On Consumer Buying Behaviour Towards Samsung Electronics LTD
A Study On Consumer Buying Behaviour Towards Samsung Electronics LTD
Submitted by
MOHAMMED SAQEEB SHAIKH
REG NO: 19N12556
Project guide
Prof.ASADULLAH MJ
Nothing happens in this world without the assent of Allah the creator and the
greatest benefactor of mankind .All my work indeed is the result of the intelligence
sowed by the almighty.
The project work entitled "A study on consumer buying behaviour towards
samsung electronics with reference to Dhanalakshmi electronics is the
outcome of the combination of my theoretical knowledge and practice experience I
would like to acknowledge all those who helped me to bring out this project
Above all I thank my beloved parents, family members for helping me and
encouraging me throughout my project work and also my friend who have helped
me in completing this assignment on time.
CONTENTS
Sl.No CONTENT Page No
1 Chapter -1
• Introduction
• Objectives
• Scope
• Researchmethodology
• Limitation of the
study
2 CHAPTER 2
• Industry profile
• Samsung group
• Samsung electronics
India limited
• Swot analysis
3 CHAPTER 3
• Introduction to
Dhanalakshmi
electronics
• Brand available in
Dhanalakshmi
electronics
• Product profile
4 CHAPTER 4
• Analysis &
interpretation
5 CHAPTER 5
Summary of findings
Suggestion &
Recommendation
Conclusion
Annexure & Bibliography
CHAPTER ¹
● INTRODUCTION
● OBJECTIVES
● SCOPE
● RESEARCH METHODOLOGY
● LIMITATION OF STUDY
INTRODUCTION
Samsung is a South Korean company originally founded as a grocery
trading store by Lee Byung-Chull in March 1938. The company
forayed in the electronics industry in 1969 and its first electronic
product was a black-and-white television. Soon, the company also
started exporting its products and became a major electronic
manufacturer in its home country. In 1970, the company acquired a
50 per cent stake in Korea Semiconductor.
The major objectives of the study is to analyse the position of samsung vis-a-
vis its competitors and to identify weak areas and provide recommendation for
the sale
The consumer durable market has grown considerably in last few year in india
.
with the growth the level of competition has grown as well. Literally of the
market. The challenge is not only to get the new customer but also yo continue
with the existing customer
The objective of doing the project is to :
● To identify the dealer and consumer perception about the Samsung
product with respect to its competitors in CTV and AC segment
● To suggest some differentiating strategies to stay ahead in competition in
CTV and AC segment
● To identify the factor affecting the four Ps i.e
● product
● Price
● Promotion
● Placement
Example:
What are the parameter on which consumer makes his purchase decision?
Parameters Rank
● price ……
● Packaging……
● Product feature….
● Brand name…..
● Product quality…..
● Product design…
SCOPE OF STUDY:
This project give us great exposure to the consumer durable market because it
includes product knowledge and field survey job in which we visited the
consumer durable store in kumta
Research Methodology
Research is the systematic design collection analysis and reporting of data
and findings relevant to a specific procedure and method that have been
adopted for the achievement of the project objectives
A.Research Design
Research design is important primarily because of the
increased complexity in the market as well as marketing approaches available
to the research . In fact it is the key to the evolution of successful marketing
strategies and programmer.According to kerlinger,"Research Design is a plan
conceptual structure and strategy of investigation concieved as to obtain
answer to research question and to control variance.
Primary data:
Primary data is a type of data that is collected by
researchers directly from main sources through interviews, surveys,
experiments, etc. Primary data are usually collected from the source—where
the data originally originates from and are regarded as the best kind of data in
research.
Secondary data:
Secondary data is research data that has previously been
gathered and can be accessed by researchers. The term contrasts with
primary data, which is data collected directly from its source.
Limitation of study:
Although i tried my best in preparation of this project ,but this study has some
limitation
1.The period of the project was not sufficient to study all factor in deep
3.Ramadan is the month were we muslim fast .While fasting i travel lot of
places in kumta and feel weakness in my body
Industry Size,Growth,Trends
Consumer Durable market pie chart
A= Refrigerator 25℅
B= Washing machine 10℅
C= Air Conditioner 15℅
D= CTV 45℅
E= Smart Watches 5℅
5. LG (LG Corporation)
Digital IQ: 134
7. Nikon (Mitsubishi)
Digital IQ: 128
Nikon has one of the best commerce handoff features in the Index,
with links to online and local retailers prominently displayed on
product pages. Its diverse marketing emails range from Learn &
Explore tutorials to store promotions.
Careers:
1.Globally Recognized power Brand
Samsung Electronics today reported financial results for the fourth
quarter and the fiscal year 2021.
2.International Award
Samsung Electronics today announced that it has won 48 awards at
the world-renowned International Design Excellence Awards (IDEA)
2021, including seven Silvers, three Bronzes and thirty-eight finalists.
Social Contribution :
Samsung India Electronics Private Limited (“Samsung India” or
“Company”) has prepared the CSR Policy in alignment with its
objective, principles and values, delineating its responsibility as a
socially and environmentally responsible corporate citizen
The Board of the Directors of the Company approved
this Policy, formulated by the CSR Committee, after taking into
account the recommendations by the CSR Committee. The Board
may amend the Policy as may be required from time to time, basis
recommendations of the CSR Committee
Samsung India expects to make interventions and
investments for improving the quality of life of people by focusing on
social causes. The specific programs/ activities under these focus
areas are finalised in due course during the year and submitted for
approval of the Board. Samsung India may take up other projects,
programs or activities relating to entries as per Schedule VII of the
Companies Act as it may consider appropriate from time to time. This
may include but not be limited to the following areas:
• Promoting education, including special education and employment
enhancing vocational skills especially among children, youth, women,
the elderly and differently-abled, and livelihood enhancement
projects.
• Ensuring environmental sustainability, ecological balance,
protection of flora and fauna, animal welfare, agroforestry,
conservation of natural resources and maintaining quality of soil, air
and water.
• Protection of national heritage, art and culture including restoration
of buildings and sites of historical importance and works of art;
setting up public libraries; promotion and development of traditional
art and handicrafts.
• Training to promote rural sports, nationally recognized sports,
Paralympic sports and Olympic sports
• Contribution to the Prime Minister’s National Relief Fund or any
other fund set up by the Government of India such as PMCARES, or
any fund set up by any government of a State or UT of the Union of
India for socio economic development and for relief and welfare of its
citizens
• Contributions provided for programs of or collaborations with
educational institutions, and skilling bodies approved by the
Government of India or any government of a State or UT of the Union
of India and eligible as implementing partners as per CSR Rules.
• Promoting healthcare including preventive healthcare and
sanitation, including making available safe drinking water and aid for
differently-abled persons.
• Rural development projects.
• Disaster relief(s).
Subject to the legal provisions, the Board shall have the discretion to
take a call on whether any activity falls within the entries above and
in Schedule VII and its decision shall be final. Company shall give
preference to the local areas and areas around it where it operates,
for spending the amount earmarked for CSR activities for year.
Our Mission
Highlights
2020 ● Ranked top 5 in
interbrand best Global
Brands 2020
● Supported the global
fight against COVID-19
with CSR initiatives
such as the Smart
Factory program and
provided human
resources training
facilities as community
treatment centers in
Korea
● Released 6G White
Paper
● Launched the
Generation17 program
in partnership with
UNDP
● Introduced Galaxy Z
Flip and Galaxy Z
Fold2 with innovative
form factors
● Launched Samsung
Galaxy S20 series,
Samsung’s first full-5G
flagship lineup
● Unveiled 110”
Samsung MICRO LED
● Introduced AI-powered
laundry lineup with top-
tier energy efficiency
● Expanded Bespoke
lineup to the global
market
● Received industry’s first
global recognition for
environmental
sustainability of its
semiconductor
solutions
● Launched mass
production at the new
EUV manufacturing line
in Hwaseong, Korea
● Commenced mass
production of 16Gb
LPDDR5 DRAM in
Pyeongtaek, Korea
2018
● Launched 'QLED 8K'
and world’s first
modular TV ‘The Wall’
● Unveiled Samsung and
HARMAN's '2018
Digital Cockpit'
● Builst cutting-edge EUV
semiconductor line in
Hwaseong, Korea
● Launched 'Galaxy
S9/S9+' and 'Galaxy
Note9'
● Debuted world’s first
'3D Cinema LED' for
movie theatre
● Announced medium-to
long-term global
expansion plans of
renewable energy
● Mass-produced world's
first 'fifth-generation V-
NAND' and developed
'8GB LPDDR5 D-RAM'
● Announced to invest
KRW 180 trillion and
hire 40,000 for next
three years to revitalise
economy
● Established seven
global AI centres in
Korea, the US, the UK,
Canada, and Russia
● Supplied world's first
5G network commercial
equipment in the US
(FWA) and Korea (NR
Mobile)
Its operation are broadly divided into the following key sub-
function
● Sales and marketing
● Manufacturing
● Software Centre operation
Ironically, the shifting plan has come come just months after joint
inauguration of its Noida facility by Prime Minister Narendra Modi and
Korean President Moon Jae-in. The Noida facility was seen as a big
boost for the ‘Make in India’ initiative.
According to the report, the move comes after the Union government
introduced import duty on parts used in manufacturing TV panels.
The government, during the Union Budget, imposed an import duty
on "open cell", which is one of the most important parts of a TV
panel. Initially, a 10 per cent duty was imposed, which was later cut
down to half after protests from TV manufacturers.
SWOT ANALYSIS
Strength
1. Dominates the Smartphone Market
2. Research and Development
3. Award Winning Brand
4. Ecologically Friendly Innovations
5. Stronghold in the Asian Markets
Weakness
1. Heavily dependent on the American Markets
2. Decline in Smartphone Sales
3. Product Failures
4. Dependence on Low-end Smartphones
5. Hereditary Leadership
6. Bribery Scandal
Opportunities
1. Triple Protection Proposition
2. HR Management
3. Diversification and Acquisitions
4. Introduce Innovative Products
5. 5G Technology
Threats
1. Heavily dependent on the American Markets
2. Decline in Smartphone Sales
3. Product Failures
4. Dependence on Low-end Smartphones
5. Hereditary Leadership
6. Bribery Scandal
Conclusion
Through the SWOT analysis of Samsung, it is clear that the company
is still a global leader in chip making and smartphone brands. It has
always sustained sufficient revenue and profits as it progresses into
the future.
1.Colour television
2.Digital Audio/Video
3.Air conditioner
4.Refrigerator
5.Washing machine
6.Microwave Oven
Chapter⁴
1.Data analysis and interpretation
DATA ANALYSIS ND INTERPRETATION
Q1. Have you purchased any consumer durable during exhibition
Particular No of Respondent
Yes 58
No 42
Total 100
No of Respondents
120
100
80
60
40
20
0
Yes No Total
No of Respondents
58℅ of Customer have not purchased any consumer durable From
Exhibition
1. Only 42℅ people have purchased
2. It Show that Consumer are coming in the exhibition for
knowledge of product and also they want to know that
weather there is actual price difference in exhibition and
shop or not
3. Consumer also want compare to the different brand which
are available in the exhibition
4. So exhibition are more useful to increase brand awareness
5. People are less interested to purchase product from the
exhibition
Q.2 While purchasing Consumer Durable which parameter
influences you?
Particular No of
Respondent
Price 30
Product feature 22
Brand 26
Service 16
Durability 6
Total 100
No of Respondents
120
100
80
60
40
20
0
Price Product Feature Brand service Durability Total
No of Respondents
Q3. From where do you prefer buying consumer durables
Particular No of Respondent
Exhibition 17
Companies 36
authorized Shoppe
Multi retail 47
showroom
Total 100
No of Respondents
No of Respondent
120
100
80
60
40
20
0
Attractive price Service Demonstration Offers Convenience Total
No of Respondent
Inference
1. Customer buy from showrooms because of the service and
convenience
2. Customer are preferred to buy from the showroom because of
they think that these convenient store may provide good after sell
service
3. Customer also thinks that there is more chance to bargain and
they can get more discount in these showrooms
4. Price also a factor that attract the consumer is these showroom
Q5. What are you expectation on aftersales service at
Dhanalakshmi electronics
Particular No of Respondents
Excellent 58
Satisfactory 19
Average 16
Poor 7
Total 100
No of Respondent
120
100
80
60
40
20
0
Excellent Satisfactory Average Poor Total
No of Respondent
Inference:
1. The above data represents that 58℅ of the respondents expect
excellent service after the purchase of product from
Dhanalakshmi Electronics
2. This data also represent that 19℅ of the respondents expect
satisfactory
3. It represents that 16℅ of the respondents expect average after
sales service
4. Finally it indicates 7℅ of the respondents expect poor after sales
service
Q6. What do you suggest Dhanalakhsmi electronics for its
marketability in future
Particular No of
Respondents
Yes 40
No 60
Total 100
No of Respondents
120
100
80
60
40
20
0
Yes No Total
No of Respondents
Inference:
The above graph indicates that 40℅ of respondents suggest
marketability for Dhanalakshmi in future and the remaining60℅
Q7. Will you refer your Friend and relatives to buy/visit
Dhanalakshmi electronics for their purchase
Particular No of Respondents
Yes 70
Maybe 25
No 5
Total 100
No of Respondents
120
100
80
60
40
20
0
Yes Maybe No Totak
No of Respondents
Inference:
1. From the above data we get know that 70℅ respondent prefer
visiting the Dhanalakshmi electronics and suggest the same to
their friends and relatives
2. We also get to know that 25℅ of the respondents may or may not
prefer visiting Dhanalakshmi and suggest the same to their friends
and relatives
3. We even get to know that 5℅ of the respondents do not prefer
visiting dhanalakshmi and suggest the same to their friends and
relatives
SUMMARY & FINDINGS
1. At the shop, most of the dealer sold entire consumer durable
product including C-TV, Refrigerator , washing machine ,
DVD , Microwave oven
2. Here LG is leading in colour television Washing machine ,
Refrigerator
3. Study Show that Quality is more important parameter for
more sale of colour television than price is considered by
consumer
4. Study show that the quality of the product is the most
important parameter for Refrigerator than price is
considered by consumer
5. Quality is most important parameter which effects sales of
Washing machine
6. Kenstar is most preferable brand for microwave oven
because of its quality
7. LG Gives high profit margin as compared to other
competitors
8. SAMSUNG product is costly as compared to LG and
VIDEOCON
9. One more findings says that there was big problem of after
sale service
10. Many dealers were facing the problem of after sale
service because there is no follow up call from samsung
11. Demo calls also not done properly
12. LG and Videocon is the main competitor of Samsung
13. Adverstising of Samsung CTV is more effective are
compared to the competitors
SUGGESTION & RECOMMEDATION
● Company should improve the after sales service of product
as it is the main factor for the sales of consumer product
● If the Samsung LTD reduces their product price like LG and
Videocon then samsung will take over the LG in all
categories
● Company should distribute free key chain, calendar, t-shirts,
for making brand popular among people
● Company should introduce low price and low power
consumption refrigerator for acquiring the middle income
group
● Dealer desire more advertisement to be done through local
newspaper and cable Tv ads, to make consumer aware
about the product
● Prompt service in time is desired
● Advertisement of the company product should focus on
quality rather than price
● Company should target upper middle class or premium class
customer
● Company should introduce low cost product to satisfy the
need of low or middle class
● SAMSUNG Ltd should concentrate on after sales service
● SAMSUNG Ltd should try to tap the rural market.
CONCLUSION
From the Study we can conclude that consumer durable play a
major role in the day to day life of human being Consumer
durables are has taken place as a necessity now a day's one
finds its hard to survive without them
NAME:
SEX:
MALE ( ) FEMALE ( )
ADDRESS:_________________________
__________________________________
Contact Number:___________________
Q1.Your occupation?
a) Profession
b) Business
c) Housewives
d) Other (specify)______________
a) Upto 5000
b) 5000-10000
c) 10000-15000
d) 15000 & above
a) Yes ( )
b) No ( )
Q4. While purchasing consumer durables which parameter influences you?
a) Price
b) Product price
c) Brand
d) Service
e) Durability
Q6. You prefer to buy from the same as you have mentioned in Q3. Because
of following reasons
a) Attractive
b) Service
c) Demonstration
d) Offers
e) Convenience
a) 1-3 years
b) 3-5 years
c) 5-10 years
d) More than 10 years
Q8. Do you prefer any financing scheme to purchase consumer durables?
a) Yes ( )
b) No ( )
Q10. What do you take into account while purchasing any home appliance
a) Quality
b) Price
c) Brand image
d) Other (specify)
Q13. How do you rate Dhanalakshmi electronics point of purchase Display &
store attraction?
a) Excellent
b) Satisfactory
c) Average
d) Poor
Q14. What do you suggest Dhanalakshmi electronic for its marketability in
future
__________________________________
Q15. Will you refer your friends and relatives to buy/ visit Dhanalakshmi for
their purchase?
a) Yes
b) Maybe
c) No
www.samsung.com/in
www.samsung.co
www.google.com
Books Referred