techs hirst i

Upload: ayanroy100

Post on 05-Apr-2018

221 views

Category:

Documents


0 download

TRANSCRIPT

  • 7/31/2019 Techs Hirst i

    1/61

    For more project report visit our website

    http://www.techshristi.com/

    A

    Project report

    On

    Marketing research

    On

    Branded mattresses

    Submitted By:

    Group R

    S.Y.MBA 2011-12

    Submitted to:

    K.S.SCHOOL OF BUSINESS MANAGEMENT

    GUJARAT UNIVERSITY

    AHMEDABAD-380 009

  • 7/31/2019 Techs Hirst i

    2/61

    For more project report visit our website

    http://www.techshristi.com/

    Group members

    Sr. No. Name Roll No.

    1 DESAI BIJAL B. 2159

    2 DESAI SHARVIL S. 2160

    3 KATARIYA KISHAN P. 2168

    4 KYADA RINKAL P. 2171

    5 PATEL SWEETY J. 2187

    6 SHAH BHOOMI H. 2197

    7 SHAH MOHIL N. 2200

    8 VARMA JESAL R. 2218

    9 VIRANI SHARAD R. 2219

    10 ZANZMERIYA DHARA D. 2220

    Faculty Name:

    Signature of faculty:

    Date of submission:

  • 7/31/2019 Techs Hirst i

    3/61

    For more project report visit our website

    http://www.techshristi.com/

    ACKNOWLEDGEMENT

    The Feeling of Gratitude automatically arises from the bottom of heart

    when we are helped by anyone. A small but timely help can prove to be

    achievement of an important milestone.We are thankful to Dr.sarla achutan, the director of K. S. School of

    Business Management, who gave us valuable opportunity towards

    Practical Training.

    We are equally very thankful to our project guide Mr. Viral Shah for

    providing us the constant support and guidance throughout the project ofMarket Research of Branded Mattresses.We also acknowledge the contribution of all our faculties who are

    directly or indirectly offered timely help and encouraged us throughout

    the project.

    Last but not the least all the people (all the customers and dealers) whom

    we are surveyed deserved our sincere thanks for their co-operation and

    for sparing valuable time.

    We would not have completed our project without the support and love of

    these people.

  • 7/31/2019 Techs Hirst i

    4/61

    For more project report visit our website

    http://www.techshristi.com/

    PREFACE

    Practical Knowledge is like a candle that leads to way through the darkpassage of ignorance. Practical Knowledge is playing vital role for the

    success so it is essential to acquire Practical Knowledge with TheoreticalKnowledge.

    The importance of the Project Preparation has been widely accepted in

    the Business as well as in the Education institution. The essence of

    Project Preparation is to gain Practical Knowledge and apply the theories

    that we have learnt.

    The Purpose of preparing this Report is to get an idea about the buying

    pattern of the people especially in relation to the Branded Mattresses andto estimate the future trends. It proves as a base in the decision making

    process. In this project we focus on the factors that have great influence

    on Marketing of Branded Mattresses in the market.

    A marketing research project is a part of practical study in M.B.A. Thispractical training develops awareness in the students about the difficulties

    and challenges of the business world.

    This experience itself is a great piece of learning and enhancing our

    unlimited potential.

  • 7/31/2019 Techs Hirst i

    5/61

    For more project report visit our website

    http://www.techshristi.com/

    TABLE OF CONTENT

    Sr.

    no.

    particular Page

    no.1 Introduction of Branded Mattresses

    History of Branded Mattresses History of International, National and Regional level of

    Brand

    Product Details Types Uses & Specifications

    2 Competitive Scenario

    Degree of Competition Industry Scenario Major Layers in Branded Mattresses Industry

    3 Market Research

    Introduction to Market Research Market Research Plan

    Research Objectives and Approaches Sources of Data & Research Instruments Sampling Plan Contact Methods

    4 Data Analysis

    Tables & Charts with Interpretation(with CrossTabulation and Bi variant Charts)

    5 7 Ps Of Marketing

    6 Major Findings Of The Survey

    7 Conclusion Suggestion

    8 Limitation

    9 Bibliography & Webography

    10 Appendix or Appendices

  • 7/31/2019 Techs Hirst i

    6/61

    For more project report visit our website

    http://www.techshristi.com/

  • 7/31/2019 Techs Hirst i

    7/61

    For more project report visit our website

    http://www.techshristi.com/

    Types of MattressesA good night's sleep rejuvenates us and helps us keep our levels of

    energy, enthusiasm and vivacity high. A good mattress helps us rest,

    lounge and sleep comfortably.

    A mattress that does not give enough comfort can ruin your sleep and

    make you feel tired and fatigued. A good sleep is essential to maintain

    sound physical and emotional health. So, the best type of mattress is one

    that gives you maximum comfort. Mattress has an Arabic origin, meaning

    "to throw ". Let us now have a look at different types ofmattresses that

    are available.

    Innerspring MattressesFoam Mattresses

    Air Mattresses

    Water Beds Mattresses

    Coir mattress

    http://www.buzzle.com/articles/mattresses/http://www.buzzle.com/articles/air-mattresses/http://www.buzzle.com/articles/air-mattresses/http://www.buzzle.com/articles/mattresses/
  • 7/31/2019 Techs Hirst i

    8/61

    For more project report visit our website

    http://www.techshristi.com/

    Innerspring Mattresses

    The springs are the part of the mattress that supports you and also gives

    the mattress its lifespan, so it's essential to get a decent quality spring

    system.

    Innerspring mattresses are the most common and popular type of

    mattresses. The support structures of these mattresses are made up ofcoils. The shape of the mattress is retained with the help of this border

    wire. The perimeter of each coil is connected to a wire that borders themattress. Special springs are used at the edges to give a firm support to

    the edge. The upper layer of the mattress is separated by a tough padding

    or insulator, or a layer of wire netted together that prevents it from

    settling into the springs. The number of coils that may be present in theinnerspring mattresses varies from 300-800 and largely depends on the

    size of mattress. The relation between the thickness of the coil wire and

    the number of coils used is inversely proportional. However, more the

    number of coils, more comfortable will the mattress be. There are

    different types of coils that can be used in innerspring mattresses. Thetechnique used to connect the coils greatly affects the shape, comfort and

    durability of the mattress. The list below gives a brief idea about these

    coils.

    Pocket Coil: These are cylindrical in shape and each spring is

    independently wrapped in a fabric. Each spring supports only the

    weight on it. Thus, every coil works independently and the weight

    is not distributed. This type of coil used in innerspring mattress, is

    the best choice for people who turn too much while sleeping, as

    this will not disturb their partners.

  • 7/31/2019 Techs Hirst i

    9/61

    For more project report visit our website

    http://www.techshristi.com/

    Open Coil/ Bonn ell Coil: These coils have a shape of hourglass

    and each coil is joined to the adjacent coil by a wire that is helical.

    Initially these coils provide good support, but they gradually

    fatigue with time. Offset Coil: These are similar to open coil, but they are square

    shaped at the top and are more expensive. Continuous Coil: A row of coils is made up of a single wire and

    this row is connected to adjacent row using a helical wire. The

    innerspring mattresses made up of such coils can maintain theirshape for a longer period.

    Foam Mattresses

    These were initially manufactured for astronauts of NASA, in1970, to help them get relief from the gravitational force they experienced

    during the takeoff of a spaceship. The typical characteristics of these

    mattresses are that they take a shape in the way the pressure is applied

    and come back to their original form after removal of the pressure. In

    1980, these mattresses were introduced in the market for consumers. The

    foam mattresses are made from either of the two types of materials: viz.viscoelastic material,latex

    http://en.wikipedia.org/wiki/File:Bonnel-spring.jpg
  • 7/31/2019 Techs Hirst i

    10/61

    For more project report visit our website

    http://www.techshristi.com/

    Latex mattresses

    Latex mattresses are comparatively popular as they make the

    sleeper feel warm in winters and cool in the summers. Latex mattresses

    are recommended for asthma and allergic people as they resist dust andare hypoallergenic.

    Viscoelastic material

    The viscoelastic foam mattresses are expensive, but durable and aremore popularly known as memory foam mattresses. The viscoelastic

    mattresses are sensitive to changes in the temperature. This special foam

    mattress is made of dense,heat-sensitive material that reacts to your heat

    and weight and supports you evenly - no more pressure points and

    bedsores. It's called memory foam because it keeps your shape for a while

    http://www.buzzle.com/articles/memory-foam-mattresses/http://www.buzzle.com/articles/memory-foam-mattresses/
  • 7/31/2019 Techs Hirst i

    11/61

    For more project report visit our website

    http://www.techshristi.com/

    after you get off it.

    Foam mattresses are difficult to adjust with, in the initial

    period of use and are not a good choice for heavy people. Consumers

    always get confused while opting for latex or memory foam mattress.

    http://www.buzzle.com/articles/latex-vs-memory-foam-mattress.htmlhttp://indiahometips.com/images/mattress/memory-foam-mattress-1.jpghttp://indiahometips.com/images/mattress/memory-foam-mattress-2.jpghttp://indiahometips.com/images/mattress/memory-foam-mattress-1.jpghttp://indiahometips.com/images/mattress/memory-foam-mattress-2.jpghttp://www.buzzle.com/articles/latex-vs-memory-foam-mattress.html
  • 7/31/2019 Techs Hirst i

    12/61

    For more project report visit our website

    http://www.techshristi.com/

    Air Mattresses

    These mattresses provide the facility to adjust the comfort level. The airin the mattresses can be adjusted to change the firmness.

    Air mattresses with dividers are available and air in both the

    sides of these mattresses can be adjusted to different levels. Air

    mattresses are portable and are chiefly used for camping or outdoor trips.They look similar to innerspring mattresses, but in these mattresses, the

    coil is replaced by air. Air mattresses are also used to a great extent in

    hospitals as they can be used for pain relief. Initially, these mattresses

    were very costly, but have gradually become economical.

    Water Beds

    Water beds are not very popular as compared to other types of

    mattresses. A unique feature of water beds is that their temperature can be

    controlled. People living in warm regions would always prefer waterbeds.

    There are two types of Water bed Mattresses.

    1. Soft-sided - Soft-sided water beds have recently been invented

    and so are hybrid beds that use other conventional techniques andwater bed.

    2. hard-sided - The hard-sided water beds have a wooden framethat provides rigidity to the bed.

    http://www.buzzle.com/articles/air-mattresses/http://www.buzzle.com/articles/air-mattresses/http://www.buzzle.com/articles/air-mattresses/
  • 7/31/2019 Techs Hirst i

    13/61

    For more project report visit our website

    http://www.techshristi.com/

    Water beds are recommended for allergic people as the

    bed can be cleaned very easily with just a wipe. However, there is always

    a fear of leakage with water be

    Coir mattress

    Coir mattresses are mattresses containing layers made from the coir fiber

    which are fiber taken from the husk of a coconut.

    Previously, a consumer had very few choices while buying

    a mattress. However, these days a wide variety of mattresses isavailable and a choice can be made depending on one's liking andcomfort. Happy Sleeping!!

  • 7/31/2019 Techs Hirst i

    14/61

    For more project report visit our website

    http://www.techshristi.com/

    It has been realized that competitors are essential to

    move ahead when there is no competition the doors of progress

    have been closed. Though the leading brand of mattresses of

    sleep well have captured the major share of the market. They

    are facing competition by other company such as springwel,

    kurl-on, godrej etc., and sometime by a local brand too. This

    competition provides them better opportunity for progress.

    Due to increase in competition major company have

    become more alert. They are paying more attention towards theresearch and development as a part of that new excellent range

    of mattresses is going to be introduced by sleepwell

    Even the companies are doing their sincere efforts

    towards the advertisement and the sales promotion. Day-by-day

    advertises are being more attractive and even interesting even

    they are using best celebrities as brand ambassador for public

    attention.

    There are a lot of companies in the market which providemattresses but all of them there is two main competitors

    company like kurl-on and springwel.some of information of

    this company is as below:

    Information about the competitors brandKurl-on ranks as far as top mattress brands in India are

    concerned. Reputed for their comfortable range of mattresses

    Kurl-on mattresses are the most widely sold ones in the market.

    Kurl-on Limited has changed the face of the comfort industry in

    India. Known as the pioneers of the rubberized coir industry in

    the country Kurl-on holds a major part of the market share of the

    Indian comfort industry

    Sleepwell is another top mattress brand in India. Reputed for

    providing state of the art mattresses Sleepwell is a flagship

    company of the Sheela Group. There quality sleeping solutions

    that are at par with international standards have been greatly

  • 7/31/2019 Techs Hirst i

    15/61

    For more project report visit our website

    http://www.techshristi.com/

    appreciated

    Another major player in the comfort industry is Springwell.

    Considered as one of the top mattress brands in India,

    Springwell is the pioneer of Spring mattress technology in the

    country. The company has a long and loyal customer base.

    Known for its host of comfort providing mattresses specially the

    sleeper friendly ones this company is also rated as a top mattress

    brand in India.

    Sleepwell vs kurl-on

    Points Kurl-on sleepwellRating according to

    public

    foam(neither hard nor

    soft)

    Varied density

    Support build with ACD

    technology to avoid

    sore back

    Coir made from bonded

    foam for firm effect.

    Mattresses type Mattresses available

    in rubberized coir,

    foams, exclusive

    mattresses, specializedspring, threrapeutic

    and new technology,

    spring mattresses.

    Foam made from

    bonded foam for firm

    effect.

    Price Kurlon has a product

    price ranging from

    3,000-18,000

    Sleep well has a price

    ranging from 6,000

    45,000

  • 7/31/2019 Techs Hirst i

    16/61

    For more project report visit our website

    http://www.techshristi.com/

  • 7/31/2019 Techs Hirst i

    17/61

    For more project report visit our website

    http://www.techshristi.com/

    Market Research

    Introduction toMarket ResearchThe systematic gathering, recording, analyzing and use of data

    relating to the transfer and sale of goods and services from producer to

    consumer is known as Marketing Research.

    We mean MARKETING as following:

    MMoney motives.

    AAll consumers must be satisfied.RRisk must be minimized.

    KKeep an eye on market position.

    EEasy availability of product.

    TThoughtfully decision making.

    IImportance to advertising.

    NNeed changes all the time.

    GGeneration of new idea.

  • 7/31/2019 Techs Hirst i

    18/61

    For more project report visit our website

    http://www.techshristi.com/

    Marketing Research Process

    Step 1: Define the Problem, the, DecisionAlternatives and the Research ObjectivesProblem should not be defined either too broadly or too narrowly. A very

    broad definition leads to excessive wastage of resources. Too narrow a

    definition leads to inadequate data. Clarity on the following helps define

    the problem appropriately:

    1. What is to be researched (the content, the scope)?

    2. Why is it to be researched (the decision that are to be made)?

    Define the problem, thedecision alternatives,

    and the researchobjectives

    Develop theresearch plan

    Collect theInformation

    Analyze theInformation

    Present the finding

    Make theInformation

  • 7/31/2019 Techs Hirst i

    19/61

    For more project report visit our website

    http://www.techshristi.com/

    Objectives:

    To find out competitive presence and consumer preference.

    To find out the specific customer need, buying behaviors, usage

    patterns, preferences, etc.

    To find out What Information Sources do prospective customers

    pay attention to and how important they consider the information

    from such sources.

    To track awareness of different brands among the respondents.

    To analyze the various factors considered by the customers while

    buying the switch.

    To identify areas of satisfaction and dissatisfaction with switch.

    Step 2: Develop the Research plan

    The second stage of marketing research requires developing the most

    efficient plan for gathering the required information. This involves

    decision on the Data Sources, Research Approaches, Research

    Instruments, Sampling plan, and Contact Methods.

    Data Sources:

    The researcher can gather Primary data, Secondary data or both.Primary data are data freshly gathered data for a specific purpose or for

    a specific research project.Secondary data are data that were collected for another purpose, and

    already exist somewhere.

    Research Approaches:Primary data can be collected in five ways: Through Observation

    Focus groups

    Survey Behavioral data

    Experiments

    We have selected Surveys as our research approach for

    Branded Mattresses.

    Research Instrument:There are three main research instruments in collecting primary data:

    Questionnaires

    Qualitative measures

  • 7/31/2019 Techs Hirst i

    20/61

    For more project report visit our website

    http://www.techshristi.com/

    Technological devices

    We have selected Questionnaires as our Research instrument.

    Sampling Plan:

    After deciding on the research approach and instruments, themarketing researcher must design a sampling plan. This calls for three

    decisions:

    Sampling unit:Who should we survey? We have targeted People as well

    as Dealers of Branded Mattresses of Gujarat.Sampling size:How many people should we survey? We have targeted

    500 People and 14 Dealers as Sample size.Sampling Procedure:How should we choose the respondents? We have

    selected Random Sampling method.

    Contact Methods:Once a Sampling plan has been determined the marketing researcher mustdecide how the subject should be contacted through Mail, Telephone,

    Personal and Online Interview.

    Our Survey based on Personal contact because Personal

    Interview the most versatile method. The Interview can ask more

    question to respondents.

    Step 3: Collect the InformationThe data collection phase of marketing research is the most expensive

    and most prone to error. Four major problems arise in surveys:

    Some respondents may refuse to co-operative.

    Some of them may give biased or dishonest reply.

    As dealers were very reluctant to give any information.

    Finally, getting the right respondent is critical.

    Step 4: Analyze the InformationThe next step is to extract findings by tabulating the data and

    developing frequency distributions and get meaningful result from them.

    Step 5: Present the FindingsAs the last step, the researcher presents findings relevant to the major

    marketing decisions facing management. They are considering ways

    to present research findings in as understandable and compelling afashion as possible.

  • 7/31/2019 Techs Hirst i

    21/61

    For more project report visit our website

    http://www.techshristi.com/

    Step 6: Make the DecisionResearch findings only provide additional information and insight to themanagers. Depending on their confidence in the findings, managers

    decide to use it, discard it, or carry out more research.

  • 7/31/2019 Techs Hirst i

    22/61

    For more project report visit our website

    http://www.techshristi.com/

  • 7/31/2019 Techs Hirst i

    23/61

    For more project report visit our website

    http://www.techshristi.com/

    1) Users of Branded or Non-Branded Mattresses

    Branded 325

    Non Branded 175

    Total 500

    Interpretation:

    From the above chart, we have analyzed that out of 500 consumers, 65%

    prefer Branded Mattresses and Remaining (35%) prefer Non Branded

    Mattresses.

    Branded

    65%

    Non Branded

    35%

    Branded

    Non Branded

  • 7/31/2019 Techs Hirst i

    24/61

    For more project report visit our website

    http://www.techshristi.com/

    2) Classification on the basis of gender

    Interpretation:

    From the Above analysis we can say that most of the youngsters prefer

    Branded Mattresses. And Old People also prefer it as it gives relief from

    the pain.

    Half of the people who are the group of people whose age is between 35

    to 45 prefer Local Mattresses.

    Non branded

    Branded

    Male Female total

    Branded 175 150 325

    Non branded 93 82 175

    total 268 232 500

  • 7/31/2019 Techs Hirst i

    25/61

    For more project report visit our website

    http://www.techshristi.com/

    0%

    10%

    20%

    30%

    40%

    50%

    60%

    70%

    80%

    90%

    100%

    Below 10000 10000-30000 30000-50000 50000 & Above

    Non Branded

    Branded

    5) Monthly income of your family

    Income Branded Non Branded total

    Below 10000 32 61 93

    10000-30000 124 65 189

    30000-50000 99 34 133

    50000 & Above 70 15 85

    total 325 175 500

    Interpretation:

    From the above chart we can conclude that Higher Income Group preferBranded Mattresses and Lower Income Group prefer Local Mattresses,

    As the income of the consumer increases usages of branded mattresses

    also increases.

  • 7/31/2019 Techs Hirst i

    26/61

    For more project report visit our website

    http://www.techshristi.com/

    6) How would you best describe your occupation?

    Interpretation:

    From the above chart we have analyzed that salaried employeesand Businessmen prefer Branded Mattresses While Housewives

    prefer Local Mattresses.

    Occupation Branded NonBranded total

    SalariedEmployee

    83 34 117

    Business 72 49 121

    Self - Employed 55 28 83

    Housewife 54 45 99

    Students 61 19 80

    total 325 175 500

    0

    10

    20

    30

    40

    50

    60

    70

    80

    90

    SalariedEmployee

    Business Self -Employed

    Housewife Students

    According to occupation

    BrandedNon Branded

  • 7/31/2019 Techs Hirst i

    27/61

    For more project report visit our website

    http://www.techshristi.com/

    1) Which brand of mattress do you use?

    brand name users

    Sleep well 150

    Kurl on 54

    Easy sleep 22

    Spring wel 26

    Godrej 45

    Sweet dream 28

    Any Other 0total 325

    Interpretation:

    From the above chart we have analyzed that Sleepwell is the

    leading Brand and there is tough competition between

    Springwel and Sweetdream.

    Sleep well45%

    Kurl on17%

    Easy sleep7%

    Spring wel8%

    Godrej14%

    Sweet dream9%

    Any Other0%

    Sleep wellKurl onEasy sleepSpring welGodhrejSweet dreamAny Other

  • 7/31/2019 Techs Hirst i

    28/61

    For more project report visit our website

    http://www.techshristi.com/

    2) Why do you choose this brand?

    Brand Name Price Quality BrandName

    Attractivedesign

    Durability Comfortable total

    Sleep well 10 68 20 10 22 20 150

    Kurl-on 2 12 5 2 2 3 26

    Easy sleep 1 20 13 0 10 10 54

    Spring wel 4 21 8 4 4 4 45

    Godrej 1 5 5 3 4 4 22

    Sweet dream 4 5 2 3 6 8 28

    Total 22 131 53 22 48 49 325

    Interpretation:

    sleepwell is most popular among consumers because of its quality and

    durability.kurl-on is famous for its brand name.sweet dream is famous

    because it provide low price compare to its competitor.consumers are not

    much satisfied with qaulity and price of godej.

    0%

    20%

    40%

    60%

    80%

    100%

    Price Quality Brand Name AttractiveDesign

    Durability Comfortable

    Sweet dream

    Godhrej

    Spring wel

    Easy sleep

    Kurl-on

    Sleep well

  • 7/31/2019 Techs Hirst i

    29/61

    For more project report visit our website

    http://www.techshristi.com/

    Factors affecting preference of the consumer

    Brand Name Price Quality BrandName

    Attractivedesign

    Durability Comfortable total

    frequency 22 131 53 22 48 49 325

    Interpretation:

    From the above chart we have observed that most of the

    consumers prefer Branded Mattresses because of its Quality and

    Durability.

    Attractive Designs does not make any change in the preference

    of consumer.

    total

    3%

    20%

    8%

    3%

    7%8%

    51%

    PriceQualityBrand NameAttractive designDurabilityComfortabletotal

  • 7/31/2019 Techs Hirst i

    30/61

    For more project report visit our website

    http://www.techshristi.com/

    3) Since when you are using this brand?

    Brand Name 0-5Years

    5-10Years

    10 &Above

    total

    Sleepwell 72 55 23 150

    kurl-on 19 4 3 26

    Easy sleep 34 16 4 54

    Spring wel 23 16 6 45

    Godrej 16 6 0 22

    Sweet dream 22 6 0 28

    total 186 103 36 325

    Interpretation:

    From the above chart we Have observed that Sleepwell and springwel

    becomes more popular above 10 years while godrej and sweetdream are

    newly introduced in the market.

    0%

    20%

    40%

    60%

    80%

    100%

    Sleepwell kurl-on Easy sleep Spring wel Godrej Sweetdream

    10 & Above5-10 Years

    0-5 Years

  • 7/31/2019 Techs Hirst i

    31/61

    For more project report visit our website

    http://www.techshristi.com/

    Brand Name 0-5Years

    5-10Years

    10 &Above

    total

    frequency 186 103 36 325

    Interpretation:From the above chart we have observed that Most of the consumers uses

    the branded mattresses from 5 to 7 years.

  • 7/31/2019 Techs Hirst i

    32/61

    For more project report visit our website

    http://www.techshristi.com/

    4) How you come to know regarding this brand?

    Brand Name TVAdvertising

    Friends/Relatives NewspaperAdvertising

    Dealer total

    Sleepwell 87 32 21 10 150

    Kurl-on 5 8 8 5 26

    Easy sleep 17 14 20 3 54

    Spring wel 15 12 8 10 45

    Godrej 3 13 6 0 22

    Sweet dream 8 9 6 5 28

    total 135 88 69 33 325

    Interpretation:From the above chart it can be interpreted that sleepwel is using TV and

    print media for promotion. Godrej is not much popular among the

    consumers because of its less promotional activities.

  • 7/31/2019 Techs Hirst i

    33/61

    For more project report visit our website

    http://www.techshristi.com/

    Brand Name TVAdvertising

    Friends/Relatives NewspaperAdvertising

    Dealer total

    frequency 135 88 69 33 325

    Interpretation:

    From the above chart we can conclude that most of the consumers

    influenced by TV advertisement.Freinds and relatives also plays an

    important role.

    Series1, TV

    Advertising,

    135, 42%

    Series1,

    Friends/Relativ

    es, 88, 27%

    Series1,

    Newspaper

    Advertising, 69,

    21%

    Series1, Dealer,

    33, 10%How come to know

  • 7/31/2019 Techs Hirst i

    34/61

    For more project report visit our website

    http://www.techshristi.com/

    5) Who initiated the process of buying new mattress?

    Myself MyHusband/ Wife

    Parents Children Relatives/ Guest

    Anyother

    Sleep Well 50 22 57 4 17 0

    Spring well 8 8 6 0 4 0

    Kurl-on 17 8 26 1 2 0

    Godrej 21 5 15 2 2 0

    Easy Sleep 5 1 6 0 10 0

    Sweet Dream 9 4 8 2 5 0

  • 7/31/2019 Techs Hirst i

    35/61

    For more project report visit our website

    http://www.techshristi.com/

    BrandName

    Myself My Husband /Wife

    Parents Children Relatives /Guest

    Anyother

    Total 110 48 118 9 40 0

    Interpretation:

    From the above chart we have analyzed that the consumer themselves

    initiate to purchase Branded Mattresses But In some cases parents

    perform in the buying process.

    Series1, Myself,

    110, 34%

    Series1, My

    Husband /

    Wife, 48, 15%

    Series1,

    Parents, 118,

    36%

    Series1,

    Children, 9,

    3%

    Series1,

    Relatives /

    Guest, 40, 12%

    Series1, Any

    other, 0, 0%According to initiator

  • 7/31/2019 Techs Hirst i

    36/61

    For more project report visit our website

    http://www.techshristi.com/

    6) Express your satisfaction regarding the brands which you are usingcurrently?

    VerySatisfied

    Satisfied Neutral Dissatisfied VeryDissatisfied

    Sleep Well 58 80 12 0 0

    Spring Wel 6 12 8 0 0

    Kurl-on 23 23 8 0 0

    Godrej 18 20 4 3 0

    Easy Sleep 1 14 7 0 0

    Sweet Dream 8 12 4 4 0

    Total 114 161 43 7 0

    Interpretation:From the above chart we can conclude that only the consumers of godrej

    and sweetdream are dissatisfied with the brand.

    Very Dissatisfied

    Dissatisfied

    Neutral

    Satisfied

    Very Satisfied

  • 7/31/2019 Techs Hirst i

    37/61

    For more project report visit our website

    http://www.techshristi.com/

    level ofsatisfaction

    VerySatisfied

    Satisfied Neutral Dissatisfied VeryDissatisfied

    Total

    frequency 114 161 43 7 0 325

    Interpretation:

    From the above chart we have analyzed that 85% consumers are satisfied

    with their Brand.

    Series1, Very

    Satisfied, 114,

    35%

    Series1,

    Satisfied, 161,

    50%

    Series1,

    Neutral, 43,

    13%

    Series1,

    Dissatisfied, 7,

    2%

    Series1, Very

    Dissatisfied, 0,

    0%

    level of satisfaction

  • 7/31/2019 Techs Hirst i

    38/61

    For more project report visit our website

    http://www.techshristi.com/

    7) Would you like to change the brand in future?

    Total

    Yes 30

    No 295

    Total 325

    Interpretation:

    From the above chart we can conclude that 90% consumers are the Hard

    core loyal.

    Series1, Yes ,

    30, 9%

    Series1, No,

    295, 91%

  • 7/31/2019 Techs Hirst i

    39/61

    For more project report visit our website

    http://www.techshristi.com/

    1) Why are you not using branded mattresses?

    factor frequency

    Price 69

    Not Aware 27

    Not Available 14

    Not interested 58

    Any Other 7

    Interpretation:

    From the above chart we have analyzed that, most of the user of Non

    Branded Mattresses do not want to prefer Branded Mattresses because of

    high price and less interest in it.

    Series1, Price,

    69, 40%

    Series1, Not

    Aware, 27,

    Series1, Not

    Available, 14,

    8%

    Series1, Not

    intrested, 58,

    33%

    Series1, Any

    Other, 7, 4%

  • 7/31/2019 Techs Hirst i

    40/61

    For more project report visit our website

    http://www.techshristi.com/

    2) Do you want to shift to branded mattresses in future?

    Yes 65No 110

    Interpretation:

    From the above chart we have analyzed that, 37 % consumers of NonBranded Mattresses want to shift to Branded Mattresses in the future.

    65

    110

    Yes

    No

  • 7/31/2019 Techs Hirst i

    41/61

    For more project report visit our website

    http://www.techshristi.com/

  • 7/31/2019 Techs Hirst i

    42/61

    For more project report visit our website

    http://www.techshristi.com/

    Question: 1 since how many years are you in this business?

    year frequency

    Below 5 Years 6

    5 to 10 Years 4

    10 to 15 Years 4

    More than 15 1

    Total 15

    Interpretation:

    From the above chart we have observed that from 5 to 10 years

    most of the dealers are in the business of mattresses.

    Series1,

    Below 5

    Years, 6,

    40%

    Series1, 5 to 10

    Years, 4, 27%

    Series1, 10 to

    15 Years, 4,

    27%

    Series1, More

    than 15, 1, 6%

    Year spent in the business

  • 7/31/2019 Techs Hirst i

    43/61

    For more project report visit our website

    http://www.techshristi.com/

    Question: 2 Which brand of mattress do you like to sell more?

    brands frequency

    Sleep Well 7

    Spring Wel 1

    Kurl-on 3

    Sweet Dream 1

    Godrej 1

    Easy Sleep 0

    Any Other 2

    Total 15

    Interpretation:

    From the above chart we have analyzed that sleepwell has monopoly

    power in some extent while there is tough competition among springwel,

    easy sleep and kurl-on.

  • 7/31/2019 Techs Hirst i

    44/61

    For more project report visit our website

    http://www.techshristi.com/

    Question: 3 Why do you prefer the above mentioned brand of mattresses?

    reason frequency

    Price 4

    Design 0

    Quality 5

    Durability 3

    Popularity 3

    Any Other 0

    Total 15

    Interpretation:

    From the above chart we can analyze that from the dealers poin of view

    quality is the most important aspect while remaining aspects are equallyimportant for decision making.

  • 7/31/2019 Techs Hirst i

    45/61

    For more project report visit our website

    http://www.techshristi.com/

    Question: 4 Which factors do the consumers prefer while purchasing

    mattress?

    factor frequency

    Price 3

    Design 1

    Quality 9

    Availibity 0

    Any Other 2

    Total 15

    Interpretation:

    From the above chart we can conclude that according to the dealer design

    of the mattresses does not affect the decision while purchasing.

  • 7/31/2019 Techs Hirst i

    46/61

    For more project report visit our website

    http://www.techshristi.com/

    Question: 5 How does the company advertise the brand?

    Interpretation:

    From the above chart we can conclude that according to the dealercompany promote their product by using television and print media.

    Advertisement

    Television Newspaper Hoarding Radio Exhibition

    medium frequency

    Television 8

    Newspaper 5

    Hoarding 1

    Radio 0

    Exhibition 1

    Total 15

  • 7/31/2019 Techs Hirst i

    47/61

    For more project report visit our website

    http://www.techshristi.com/

    Question: 6 what promotional support the company gives for increasing

    the sales of mattresses?

    promotion frequency

    Discount 3

    Advertisement 1

    Schemes 10

    Gifts 1

    Any Other 0

    Total 15

    Interpretation:

    From the above chart we can say that according to the dealer company

    promote their product by giving different schemes like buy 1 get 1 freeoccasionally.

    promotional activities

    Discount

    Advertisement

    Schemes

    Gifts

    Any Other

  • 7/31/2019 Techs Hirst i

    48/61

    For more project report visit our website

    http://www.techshristi.com/

    Question: 7 How frequently you place the order?

    order time Frequency

    Within 15 Days 4

    Quarterly 5

    Monthly 6

    6 months 0

    Total 15

    Interpretation:

    From the above chart we can conclude that dealer place an order on themonthly basis

    Series1,

    Within 15

    Days, 4, 27%

    Series1,

    Quarterly, 5,

    33%

    Series1,

    Monthly, 6,40%

    Series1, 6

    months, 0, 0%frequency of order

  • 7/31/2019 Techs Hirst i

    49/61

    For more project report visit our website

    http://www.techshristi.com/

    Question: 8 Have you ever received any complaint from customers in the

    past?

    complaint frequency

    Yes 2

    No 13

    Total 15

    Interpretation:

    From the above chart we can conclude that according to the dealer most

    of consumers are satisfied with their brand.

    Series1, Yes, 2,

    13%

    Series1

    , No,

    13,

    87%

    Yes

    No

  • 7/31/2019 Techs Hirst i

    50/61

    For more project report visit our website

    http://www.techshristi.com/

    Question: 9 Reason Of complaint.

    matter frequency

    Quality 1

    Late Delivery 0

    Durability 1

    Any Other 0

    Total 2

    Interpretation:

    From the above chart we can observed that sometime dealers get a

    complaint about durability and quality from the consumers.

    Complaint

    Quality

    Late Delivery

    DurabilityAny Other

  • 7/31/2019 Techs Hirst i

    51/61

    For more project report visit our website

    http://www.techshristi.com/

    Findings

    We have surveyed total 500 consumers out of which 325(65% ) consumers are using branded mattresses and 165 ( 35%

    ) consumers are using non-branded mattresses.

    Among various brands of Mattresses, Sleep well is morepreferred than other brands like Kurl on, Sweet dream,

    Godrej, Easy sleep etc.

    Most of the consumers come to know about particular brandof mattresses from TV-advertisement. And few consumers come

    to know about Branded Mattresses through dealers and newspaper-

    advertisements

    We have found that consumers give more importance to quality ofmattresses other than brand name, price etc.

    ( this is according to section B)Our survey reveals that people donot prefer branded mattresses due to high price.

    (last)( this is according to dealer s survey)Dealers opinion is that

    consumers are more satisfied with sleep well brand because itprovides best quality.

    Our survey reveals that people do not prefer branded mattressesdue to high price.

    (It has been moved to upward)

  • 7/31/2019 Techs Hirst i

    52/61

    For more project report visit our website

    http://www.techshristi.com/

    Limitations:

    Research is carried out by human beings. So there is some

    human limitation(s) which reflected in this research. Despite the vigorous

    analysis the following are limitation of study.

    The sample size of 500 consumers might not represent the behaviorof whole population as the sample size is too small.

    There is a limitation of geographical reach. In this report all thearea(s) of Ahmedabad/Gujarat are not covered, only a few areas

    are taken and considered.

    Most of the results/The results have been carried out inAhmedabad city, so the results obtained may not be true for other

    cities or districts.

    Some respondents refused to fill up the questionnaires and did notco-operate while some gave dishonest answers. Thus getting the

    right respondents is critical task.

    In spite of these limitations, we worked with enthusiasm andwith co-operation of each other. We tried to give the best result to

    the reader of this report.

  • 7/31/2019 Techs Hirst i

    53/61

    For more project report visit our website

    http://www.techshristi.com/

    SUGGESTIONS:

    Now a days more people are preferring Branded Mattresses.It suggest that this market has many opportunities for new comers.

    More people want to use sleep well brand of mattresses but due toprice constraints, they can not afford it. So, sleep-well shouldreduce its price without affecting its quality.

    The kurl-on and spring wel brands should more concentrate on

    advertising and promotional schemes and should open moreoutlets.

    Though people are using local brand i.e. other brand; they expecthigh quality level so as to attain maximum satisfaction.

    Sweet dream and Easy sleep company should enter into the marketof high range mattresses .

    According to dealer, Brands have to emphasis on two things

    o 1 Best quality of Mattresseso 2 Reasonable price.

  • 7/31/2019 Techs Hirst i

    54/61

    For more project report visit our website

    http://www.techshristi.com/

    CONCLUSION:

    Consumer is considered to be the king of the market. The role of kingdomsays that if the consumer is fully satisfied and if they have the faith in the

    product of the company, then the company can get place on the peak of

    the market. This is the principle, which is very well taken care of by

    dealers/Producers and Marketers of Branded mattresses.

    We learnt how to deal with the people in all circumstances and how to

    maintain relation. The important part is extracting information which

    helped us to improve our potential.

    In the meanwhile, we faced some problem but at last we were able to

    complete the project successfully by getting information as we needed.

    Finally we would like to conclude our project with high feeling of having

    gained massive knowledge about branded mattresses and its market

    research.

    This task has provided us the muchneeded breath from the widelyactivity that one has undergo.

    We have tried to find all essential information so that we can

    deliver the true picture of Market of Branded Mattresses. But, as

    human being unknowing, if we have made any mistake, we request

    you to apologize us.

    Overall it was great experience and we obtained a substantial amount of

    knowledge from it. We also enjoy this task as a part of our education.

  • 7/31/2019 Techs Hirst i

    55/61

    For more project report visit our website

    http://www.techshristi.com/

  • 7/31/2019 Techs Hirst i

    56/61

    For more project report visit our website

    http://www.techshristi.com/

    Questionnaire for consumer surveyON BRANDED MATTRESSES

    (Note: - Information given by you will be kept confidential and will be

    used for market research purpose only.)

    1) Name : ____________________________________________

    2) Area : ____________________________________________

    3) Gender : Male Female

    4) Age : Below 25 years 25-35 years

    35-45 years Above 45 years

    5) Monthly income of your family :

    Below 10,000 10,000 - 30,000

    30,000-50,000 Above 50,000

    6) How would you best describe your occupation?

    Salaried employee (Service) Business

    Self employed Housewife

    Any other, specify ____________________________________

    (If you are using at least one branded mattresses then follow

    SECTION A, for non-branded mattresses follow SECTION B)

    1) Which brand of mattress do you use?

    Sleep well Spring wel

    Kurl-on Godrej Easy sleep sweet dream

    Any other, specify ___________________________________

    2) Why do you choose this brand?

    Price Quality

    Brand name Attractive design

    Durability Comfortable

    Any other, specify _____________________

  • 7/31/2019 Techs Hirst i

    57/61

    For more project report visit our website

    http://www.techshristi.com/

    3) Since when you are using this brand?

    (From the above mentioned)

    ______________________________________________________

    4) How you come to know regarding this brand? TV Advertising Friends/Relatives

    Newspaper Advertising Dealer

    Any other, specify_____________

    5) Who initiated the process of buying new mattress?

    Myself My husband / Wife

    Parents Children

    Relatives / Guest Any other, specify ___________

    6) Express your satisfaction regarding the brands which you are using

    currently?

    Very Satisfied Satisfied

    Neutral Dissatisfied

    Very Dissatisfied

    7) Would you like to change the brand in future?

    Yes

    NoIf yes then give reason

    ______________________________________________________

    ______________________________________________________

    8) Give your opinion to make this mattress a better mattress.

    ______________________________________________________

    ______________________________________________________

    1) Why are you not using branded mattresses?

    Price Not aware

    Not available Not interested

    Any other, specify ___________________

  • 7/31/2019 Techs Hirst i

    58/61

    For more project report visit our website

    http://www.techshristi.com/

    2) Do you want to shift to branded mattresses in future?

    Yes No

    Give Reason

    ______________________________________________________

    ______________________________________________________

    3) Any suggestions:

    ______________________________________________________

    ______________________________________________________

  • 7/31/2019 Techs Hirst i

    59/61

    For more project report visit our website

    http://www.techshristi.com/

  • 7/31/2019 Techs Hirst i

    60/61

    For more project report visit our website

    http://www.techshristi.com/

    1) Name of shop :____________________________

    2) Name of shopkeeper : ____________________________

    3) Area : ____________________________

    4) Since how many years are you in this business?

    Below 5 years 5 to 10 years

    10 to 15 years More than 15 years

    5) Which brand of mattress do you like to sell more?

    Sleep well Spring welKurl-on Sweet dreams

    Godrej Easy sleep

    Any other, specify : ___________________________

    6) Why do you prefer the above mentioned brand of mattresses?

    Price Attractive design

    Quality Durability

    Popular Any other, specify: ___________

    7) Which factors do the consumers prefer while purchasing

    mattress?

    Quality Price

    Design colour Availability

    Any other, specify: ______________

    8) What is the approximate average monthly sale?

    Ans.__________________________

    9) How does the company advertise the brand?Television advertise Newspaper

    Hoarding Radio

    Exhibition Any other, specify:_________

    10) What promotional support the company gives for increasing the

    sales of mattresses?

    Discount Advertisement

    Scheme GiftsAny other, specify: ____________

  • 7/31/2019 Techs Hirst i

    61/61

    For more project report visit our website

    http://www.techshristi.com/

    11) How frequently you place the order?

    Within 15 days quarterly

    Monthly 6 Months

    12) Do you/company introduce any scheme and offer during the

    festival for the consumer?

    If yes than, specify:

    ___________________________________________________

    Name of the brand: _________________

    13) Have you ever received any complaint from customers in the

    Past?

    Yes No

    If yes then please mention:Quality Late delivery

    Durability Any other, specify ___________