Company & Industry Profile
Company & Industry Profile
Company & Industry Profile
I express my sincere thanks to almighty GOD, the most gracious and merciful.
I am greatly obliged to Prof. RANJINI, Principal, DAYA PURAM ARTS AND SCIENCE
FOR WOMEN COLLEGE and SREE KUMAR o, Head of the Department of Commerce, for their
whole hearted support and encouragement.
I proudly utilize the privilege to express my heart-felt thanks and sincere gratitude to my
faculty guide SARANYA , Asst. Prof. of the Department of Commerce , DAYAPURAM ARTS
AND SCIENCE COLLEGE, for his kind supervision, valuable guidance and constant encouragement
in bringing out this report in time with a deep sense of involvement and confidence.
I render my whole hearted thanks to all the other respected faculties of the Department of
Commerce , for their assistance and co-operation given to me in regard to this work.
I thank my parents and all other family members for their valuable and inseparable support in
completion of this project.
Once again I take this opportunity to convey my sincere thanks to each and every person who
helped me directly and indirectly in the successful completion of this project.
SHAHNA
(DWATBBAR14)
CHAPTER 1
INTRODUCTION
Introduction
Brand preference is the measure of brand loyalty in which a consumer will choose a particular brand in
presence of competing brands. But will accept substitutes if the brand is not available brand loyalty refers to the
extent of the faithfulness of consumer to a particular brand, expressed through their repeat, irrespective of the
making pressure generated by the competing brands.
In every product category, consumers have more choices, more information and higher expectations tan ever
before to move consumer from trail to preference, brands need to deliver on their value proposition, as well as
dislodge someone else froe the consumers existing preference set.
Preference is a scale, and brands move up, down and even off that scale with and without a vigilant brand
management strategy. Pricing, promotional deals and product availability all have tremendous impact on the
position of brand in the consumer’s preference set. If all things are equal, the best defense is to make the brand
more relevant to consumers than the competition.
The brands potential can only be fulfill continually reinforcing its perceived quality up market identity
and relevance to the consumer. The same branding activities that drive awareness also drive preference. And
while awareness alone will not sustain preference, it will improve the brand’s potential for building and
maintaining preference.
With a great story and a large enough investment, awareness can be attained rather quickly. It takes time,
however, and constant revaluation to build brand preference. Aristotle professed, “we are what we repeatedly
do. Excellence then is not an act, but a habit.” Attaining and sustaining preference is an important step on the
road to gaining brand loyalty. The ability to generate more revenue, gain greater market share and beat off the
competition if the reward given by consumer towards particular brand.
Brand preference is the selective demand for a company’s brand rather than a product the degree to which
consumer prefer one brand over another. In an attempt to build brand preference advertising, the advertising
must persuade a target audience to consider the advantages of brand, often by building it reputation at a long-
established and trusted name in the industry. If the advertising is successful, the target customer will choose the
particular brand over other brand in any category.
The customer preference among these brands also not easy as the product possesses similar features in all
the brand. So the customer satisfaction determines the loyalty. Customer will get satisfied only when their
expectations met or exceed. It is an after purchase behavior. To analyze the brand preference and loyalty, it is
necessary to study both the consumer’s buying behavior and after purchase behavior.
Objectives of the study
Primary objective
To study on the brand preference of the product of vkc polymer pvt ltd
Secondary objective
To know about various product of vkc
To know value and belief of people on vkc product
Factors that influence decision making in purchasing vkc product
To know the satisfaction level of vkc product price
RESEARCH DESIGN
The research design is conceptual structure within which research is concluded .its a plan of
action. A plan of collecting and analyzing data in economic. Efficient and relevant manner `it
contains the blue print of the collection, measurement and analysis of data .the proposed study is
an exploratory cum descriptive.
A descriptive research is conducted with a random sample survey method towards the
customers.
SAMPLING DESIGN
Sampling size
The survey is conducted on 100 people who are selected randomly from within the Kozhikode
district of kerala
SAMPLING METHOD
Sampling method used was simple random sampling. the information was collected from
respondents who were elected randomly
DATA COLLECTION TOOLS
Primary data
Questionnaire are the basis of collection primary data. the questionnaire was distributed to
students and information was obtained in addition to the questionnaire personal interaction with
students during market survey were made in order to understand their problems , knowledge
towards the program, their preferences and other useful information`
Secondary data
Some of the data were collected from the existing sources of information which were assessed
due to availability of various other forms of data and information .these data served as the
secondary data for the researcher .the sources of data were company websites ,therotical
information from significant text book was also used `
Questionnaire design
Structured un disguised questionnaire was used in designing the questionnaire to collect the data
from the respondents
STATISTICAL DESIGN
The data collected has been tabulated and each respondent in categorized according to the data
give and percentage is worked out of each group of data . the statistical tools used were tables,
bar graphs ,and percent`
INDUSTRY PROFILE
Origin of the industry in INDIA
HISTORY OF FOOTWEAR
Spanish cave drawings from more than 15000years ago show humans with animal skins or furs
wrapped around their feet. The body of a well preserved “ice man” nearly 5000 years old wears leather
foot stuffed with straw. Shoes, in some form or another, have been around for a very long time. The
evolution of foot coverings, from the sandal to present day athletic shoes that are marvels of
engineering, continues even today as we find new materials with which to cover our feet.
We are in fact still wearing sandals- the oldest crafted foot covering known to
us. Moccasins are still readily available in the form of the loafer. In fact, many of the shoes we wear
today can be traced back to another era. The Cuban heel may have been named for the dance craze of
the 1920s, but the shape can be seen long before that time. Soles, which are one of the most
recognizable features of footwear in the 1970s and 1990s, were handed down to us from 16th century
choppiness. Then, high soles were a necessity to keep the feet off the dirty streets. Today they are
If one can deduce that basic shoe shapes have evolved only so much, it is necessary
to discover why this has happened. It is surely not due to a lack of imagination- the colors and
materials of shoes today demonstrate that. Looking at shoes from different parts of world, one can see
undeniable similarities. While the venetians had no contacts with the Japanese balanced on high-soled
wooden shoes called get. Though the shape is slightly different, the idea remains the same. The
venetians had no contacts with the Japanese, so it is not a case of imitation. Even the mystical Chinese
practice of foot binding has been copied in our culture. Some European women and men of the past
bound their feet with tape and squashed them into too-tight shoes. In fact, a survey from the early
1990s reported that 88% of American wear that are too small.
As one examines footwear history, both in the west and in other parts of the world,
the similarities are apparent. Though the shoemakers of the past never would have thought to pair a
sandal with a platform sole, our shoe fashions of today are, for the most part, modernized adaptations
of past styles.
Product portfolio
Market Expansion
Division-1 Division-2
VKC Smartak
VKC Footprints Diadora Shoes
Footsteps(India)P
Global Pvt. Ltd.
Footcare Pvt.
vt . Ltd. Pvt. Ltd.
Ltd.
The quality of the VKC products is unrivalled in the market. The Footwear’s introduced by the
company has been growing and evolving with the changing trends over the year. The company first
manufactured “Senor Cinderella” brand footwear having PVC sole with leather and synthetic leather
upper. Now the company is manufacturing VKC Pride and VKC Lite. VKC Pride is sold in Kerala,
Tamil Nadu, Andhra Pradesh, Maharashtra, Chhattisgarh, Orissa, Gujarat and VKC Lite in Kerala and
Tamil Nadu alone. In the recent years the customers prefer the injected EVA Footwear’s rather than
any other Footwear. We alsoexport our products to Kuwait, Oman and Jeddah’s we are manufacturers
of footwear, we focus mainly on production process of the organization. The function of the
production department is to produce our products on time, to the required quality levels, at the defined
product cost. The advantage of the company is the implementation of Italian technology used for the
injection molding process.Thiswill help the company to assure high quality with accurate size and
good finish
tothe product. Of major concern to the production manager is monthly output. Productionmanagers
have monthly targets which they are expected to strive to meet or exceed.Production department also
aims at maintaining the quality of products been produced. Every employee expected to take
responsibility for managing quality issues in order to make sure that wastesminimized, and quality
maximized. Quality checking and assurance is carried out every day on a number of occasions to
ensure that the production process is working efficiently and effectively. We use different machines to
produce footwear’s. The company purchases footwear molds from Taiwan, China, and Italy. This will
help the company to assure high quality finished product.
VKC group of companies are the leading footwear manufacture especially in southern region of India.
The group established on (August17) 1984 with a nominal capital and fewemployees. In 1984 the
founder of the group Mr. V.K.C. Mammed Koya started a Hawai Sheetmanufacturing unit with
histwo brothers. Later on, Hawai straps were also inducted to theproduction line and in 1986 VKC
group launched the first product with its own brand name inthe market viz. VKC Hawai with an initial
production of 600 pairs per day. By 1989 theproduction increased to 5000 pairs a day and by 1996 it
jumped to 17000 pairs. In between the founder initiated the floating of the first RPVC footwear
manufacturingunit in the Malabar Area of Kerala state with few of his friends. This product also got
very goodacceptance in the market. The success of the first unit and the RPVC unit gave a signal to
thebusiness community and the vast potential was seen by the various industrialists. This resulted ina
rapid change in the footwear industry itself. In 1994 the group ventured the first unit in Kerala to
manufacture footwear from virginPVC. This resulted in a big change and the multinational brands felt
competitions from the localbrands. In 1998 the group started the first Micro Cellular PVC footwear in
Kerala with imported plant and machinery.
“Quality at low price” made the VKC groups products popular in the market day by day. It also
expanded its market to other southern states.In 2001 the group started the first Air Injected PVC DIP
footwear manufacturing unitin the South India. In 2003 the group ventured the first Injected EVA
manufacturing unit inSouthCentral India. In 2006 the group started backward integration to produce
EVA compoundfor Injection and started the first EVA compounding plant in the South-Central India.
The unitwent in 2007 the group started manufacturing of PU DIP footwear.During this period new
bloods with technical, commercial and practical knowledgewere inducted and now the group consists
of 20 working Directors and 60 shareholdersspread over 19 various units. And have annual group
turnover of Rs.700 million. More than 1000employees are working in these units.The company had
achieved a prominent position in the footwear market of India. Themain markets, which are
concentrated by the company, are Kerala, Tamil Nadu and Karnataka. The good quality and variety in
models of VKC products help the companies to face market competition. The company has been able
to maintain the quality of the products byadopting foreign technologies. The group is now looking for
further avenues in the field of footwear to stretch their hands.The Head Quarter of VKC group is in
Calicut. And the main plants of VKC groupof companies are situated in Kerala and Tamil Nadu. The
following are the associate companiesof VKC group.
VKC Pride
VKC Trenz
VKC Stile
VKC Lite
VKC Hawai
VKC Junior
VKC Slipons
VKC Smartak
Walkaroo
Skalino
Vestire
Nature of business
The business carried by VKC is production of footwear. VKC mainly manufacturinghigh quality
footwear as per the requirement of customers. The company faces many competitors for the kind of
manufacturing. “Consistent quality at affordable price” madethe VKC group products popular in the
market day by day. The success in Kerala marketgave morale boost to the group to market their
product in the other southern states.
Vision, Mission and Quality policy
Vision
“We will be the most preferred brand by continually enhancing customer experience. We will build an
Institution which empowered the best people do collaborate in an environmentally and socially
responsible manner.”
Mission
We will make great products accessible at competitive prices to our customers through
innovation in material, technology, processes, how we source and how we sell.
We will deliver sustainable shareholder value
We will adhere to the highest conduct in all our business dealings
We will treat all our employees with fairness and dignity and will provide them opportunities
to fulfil their potential
We will contribute to nation building by developing entrepreneurs and intrapreneurs
We will adopt environment friendly technologies and processes
We will ensure our dealers/ channel partners expectations are met in full and all the time.
Quality policy
In order to satisfy customer needs first the company is providing footwear which offerbetter style,
comfort, elegance, finish, colors and durability. Quality performance demonstrated isthe result of
optimization of design, effective process control in manufacturing together withtesting and approval
process in the environment of Quality management system.
Product profile:
Veekesy Plastomers India Pvt. Ltd producing high quality plastic footwear from 100% virginrubbers.
The company’s Veekesy Plastomers India Pvt. Ltd is producing high quality plastic footwearfrom
quality plastic footwear from 100% virgin micro cellular rubbers. The company’smanufacturing
facilities includes modern equipment and machineries imported from Taiwanfirst of its kind in south
including rotary injection modeling machines for improved productquality. The company has to face
stiff competition as there is lots of plastic footwearmanufacturing in Kerala.
Area of operation:
Veekesy Plastomers India Pvt. Ltd has operating the business in south India and it
has along tradition of maintaining the highest quality standards, right from the selection of
rawmaterials to processing and packaging of the end product
Ownership pattern:
Veekesy Plastomers India Pvt. Ltd is a private limited company.
Infrastructural facilities
Security checks:
Any material official/otherwise that is being brought in taken must have appropriate
documentation. Regular security checks are conducted to prevent unauthorized material
leaving entering the organization. Employees required to leave the factory on official/personal
work during working hours are to be submit an authorized gate pass to the security’s. Medical
facilities: The medical Centre is staffed by a resident Doctor and trained attendants
andsupported by efficient Ambulance ServiceCanteen Facilities has got a good canteen facility
for the employees at the project area also.
Strength
Weakness
Opportunities
Threats
Changing the fashion trend
Faces the competition from other products like Bata, Odyssia, Paragon, Mark.
The conflicts arising from agent and middle man
ORGANIZATION STRUCTURE
Chapter ii
Review of literature
Findings, suggestions, conclusion
Findings
Customers consider style and comfort as the most important factor while buying any
footwear
It was found that most of the customers are aware of vkc footwear through television
The study revealed that the customer prefer vkc footwear because of best packing
Its found that style and comfort id the criteria for buying footwear for majority of the
customers
Most of the respondents are aware of the brand a study on brand preference of the
Majority of the customers says that celebrity does not play a role in their purchase
decision
SUGGESSIONS
project titled “a study on brand preference of the products of vkc polymers pvt ltd” was an
attempt to study and make suggestion to improve market share of the company`
from the study , I observed the most of the customers are satisfied with vkc brand and the level
of services provided by the company and also they show a high satisfied with the good quality ,
affordable price ,styles ,etc.of products provide better market to this company.the brand name
and their services ,experience and expertise etc.will lead the company to be the best in its
markets.the brand name vkc is becoming more and more acceptable in the level of the
society.vkc products are giving value for money to the customers. wish all the success in future
also
APPENDIX
QUESTIONNAIRE
DEAR RESPONDENT
Name :
Age :
Sex :
a) Yes b) no
image ?
d) other
5. How do you differentiate vkc products from our competitors?
c) good d)satisfactory
a) yes b)no
d)cant say
a) price b)style
c)quality d)advertisement
13. if the price of vkc brand increase will you purchase again ?
a) yes b)no
a) pride b)lite
c) style d)trend
e)slippons e)smartak
17.while comparing the dealing of vkc product and other ,how do you rate vkc
dealing
Internet feccilities
.www.vkc.com
www.polymers.com
BIBLIOGRAPHY