L&T
L&T
L&T
ON
MARKET STUDY ON CUSTOMERS NEED AND THEIR
BUYING BEHAVIOUR OF WIRING ACCESSERIES PRODUCT
Presented by:
Priya Singh
IMBA- 7TH SEM
BBDU
CUSTOMERS NEED:
Customer Expectation
Customer Requirement
Brand Preference
Customer Demand.
CUSTOMERS BUYING
BEHAVIOUR:
Need Recognition
Problem Awareness
Evaluation Of Alternatives
Information Search.
ABOUT LARSEN & TOUBRO
FOUNDED BY
INCORPORATED IN 7 LARSEN & TOUBRO Henning Holck-Larsen
FEBRUARY 1946 PRIVATE LIMITED and Soren Kristian
Toubro
TECHNOLOGY
MANUFACTURING
DIVISON OF
L&T
CONSTRUCTION ENGINEERING
1.REAL STATE
2.CONSTRUCTI
ON
7.SHIP 3.EQUIPMENT
BUILDING PRODUCTS 4.POWER
8.ELECTRICAL
5.FINANACIAL
SERVICES
6.IT SERVICES
ORIS
PRODCT
TRIPPER RANGE
OVERVIEW
ENTICE
To find the new
opportunity and customer
need regarding modular
switches.
OBJECTIVES
To provide awareness
about company product to
retail customers as well as
end customer (Builders).
SAMPLE
Random sampling
DESIGN
UNIVERSE Lucknow
DATA
COLLECTON Pie chart, Graphs
TOOL
FINDINGS
The brand awareness of L&T switchgear is good which 78.10%.
The key motivators for buying L&T Switchgear products are quality, brand name and
competitive price.
The main competitors of L&T Switchgear in Lucknow are ANCHOR, HAVELLS and LEGRAND.
From this project we can see that the customers are giving more preference to quality, brand
Customers are expecting quality product with low price for their future requirements.
The varieties in design and Advertisement of product are the main drawbacks of L&T
Switchgear products.
The main USP of competitors of L&T Switchgear is variety in design and product.
SUGGESSIONS
The company should focus more on advertisement of its products to
the people, like T.V. newspapers, hoardings, banners, and internet
etc. as most not aware of L&T domestic products.
L&T switchgear Ltd. should target the builders with tie up with them
to sale the bulk quantities.
CONCLUSION
Domestic product of L&T has 20% of market contribution.
L&T has a well qualified engineers R&D team which always seek to
get information from market and customer need and make the
quality product.
3. Which is the most important factor for your customers while buying Modular
switches?
Brand name Flexibility
Availability Price
Quality
4. How would you rate your overall satisfaction with L&T products?
Excellent Good
Very good Average
Poor
6. What are your purchase price ranges of 6A/10A one way switch of modular range?
20-25 25-30
35-50 50-75
75-100 100 above
7. Which type of promotions is most effective for switches range in retail market?
Product display board Electrician seminar
Road shows Advertisement in magazine
Branding Participation in exhibition
10. How likely you are recommending L&T products to friends or colleague?
Excellent Very Good
Good Average
11. What is our business speciality in Switchgear combination?
Brand Name Quality
Design Easy to installation
Promotion by company price/Budget
13. Rate the company in the ascending order as per your satisfaction or preference?
Havells Anchor
L&T Legrand
THANK YOU