the final ppton psge market estimation

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    Market Estimation And Launch StrategyOf PSGE in the Twin-Cities

    D.Prabhuvardhan Reddy

    Summer Trainee 2011

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    Objective:

    To estimate the Market Potential of PSGE inthe Twin Cities.

    Suggest Marketing activities and LaunchStrategy of

    the same.

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    Flow:

    )1 Methodology Questionnaire Sample Sets

    Process

    Data Analysis Estimating the Quantity )2 Launch & Promotion Methods

    Contractor Dealer

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    Process 1

    Process 2

    Methodology

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    The Market

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    (a)Dealers Questionnaire:

    Market Awareness ?

    Favorable features ?

    Customer split ?

    Consumers Attitude ?

    Percentage of Consumers who can beconvinced ?

    Shade Preference ? Quantity can be sold ?

    http://smb//tmp/sv1m3.tmp/Dealer%20PSGE%20Questionnaire.dochttp://smb//tmp/sv1m3.tmp/Dealer%20PSGE%20Questionnaire.doc
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    :Sample Set

    ( )Only Critical Retailers CRs and Privilege( ).Club PCs

    & .85 CRs 19 PCs

    Cover most of the .Cs :Out of remaining 66 CRs

    (At least 3 from each territory of 10):territories .3

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    Sample Set:

    PCs : 16 of 19.

    CRs : 37 of 66

    Total # of data points : 53

    http://smb//tmp/sv1m3.tmp/Sampled%20CRs.xlsxhttp://smb//tmp/sv1m3.tmp/Sampled%20CRs.xlsx
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    Market Awareness:

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    Favorable features:

    1: Water-Based; 2: Odorless & Quick-dry;

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    Customer Split:

    AVERAGE 5.6

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    Can be Convinced ?

    Average : 4.2

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    Shades you prefer : Running shades.

    Creams & Browns.

    But however, When asked about would you

    prefer any direct shades??

    NO

    Main reasons: Shelf space.

    Inconvenience. In handling many number ofbases.

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    Derivation: PGE (Product 1 + 26)

    PSE (Product 64)

    -- Excluding the

    Shades that are not availablein PSGE

    -- % age of these shades in PGE(1) & PSE are

    Product Percentage

    PGE - 1 55.68

    PSE 64.23

    http://smb//tmp/sv1m3.tmp/Shades%20that%20are%20excluded.xlsxhttp://smb//tmp/sv1m3.tmp/Shades%20that%20are%20excluded.xlsx
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    Consumer Potential: On an Average :

    1713 Lts p.a.

    Per-month potential from each consumer to a

    dealer 143 Lts.

    Extrapolating to 85 CRs: 12,155 Lts

    http://smb//tmp/sv1m3.tmp/The%20Final%20calculations.xlsxhttp://smb//tmp/sv1m3.tmp/The%20Final%20calculations.xlsxhttp://smb//tmp/sv1m3.tmp/The%20Final%20calculations.xlsxhttp://smb//tmp/sv1m3.tmp/The%20Final%20calculations.xlsx
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    (b) Contractor Questionnaire

    Types of Projects? Number of sites ?

    Surfaces used on ?

    Quantity used ? Favorable features ?

    Quantity can be Converted ?

    Consumers who would be convinced ?

    http://smb//tmp/sv1m3.tmp/Contractor%20questionnaire%20on%20PSGE.docxhttp://smb//tmp/sv1m3.tmp/Contractor%20questionnaire%20on%20PSGE.docx
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    Sample Set

    Gold and silver Contractors.

    24 Contractors could give an appointment of60 called.

    Random Sampling.

    The ratio of the complete enamel usage toreplaceable by PSGE is calculated.

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    Surfaces Enamel is being Used: Doors / Windows

    Cupboards / Wardrobes

    Railings/ Grills / Gates

    Rusty dots appear after painting Corridors / Staircases

    Kichens / Puja Mandirs

    Arches/ Pillars Parking Lots

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    Favorable Features:

    1: Odorless , 2: Water-based.

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    Values Derived :

    Total Enamel Being Used = Avg. no. of sites p.m. * Avg. enamel p. s.

    Factors for Estimation:

    - Surfaces.

    - PGE to PSGE conversion rate.

    - Supportive Consumer rate.

    -

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    PGE to PSGE conversion:

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    Convertible Quantity: Maximum Usage by Contractor which can be

    replaced: 48.84 %

    Portion Of Contractor : 3661 Lts p.a.

    Convertible Quantity : 1788 Lts p.a.

    Total sale by contractors @ each Dealer :149 Ltsp.m.

    For 85 CRs is : 12,665 Lts p.m.

    http://smb//tmp/sv1m3.tmp/Contractor%20proportion.xlsxhttp://smb//tmp/sv1m3.tmp/The%20Final%20calculations.xlsxhttp://smb//tmp/sv1m3.tmp/The%20Final%20calculations.xlsxhttp://smb//tmp/sv1m3.tmp/Contractor%20proportion.xlsx
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    Total Figure: By Consumer :

    12,155 Lts p.m.

    By Contractor:

    12,655 Lts p.m.

    Total Market Estimation:

    24.8 KL p.m.

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    2. PromotionDealers Meet:USPs : Water Based, Odorless & Quick Dry

    Eco- Friendly Product.(As Water-Based was most Favorable Feature)

    Disadvantages of using turpentine.

    Product standards and Strong message.

    Luxury product & not a premium product.

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    Dealers perspectiveTo which group of customers can a dealer

    serve.- Hospitals.- Schools.

    Better Push during Rainy season. Feature of Quick Dry.

    Orange Red Green

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    Dealers Skepticism

    Too many variants .

    (LUGE(81), Luster, ) which have left badimpressions.

    Improper Supply of the orders.

    Rumor of failed product being re-launched.

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    Dealers Outlet:THREE POINTS:

    - Shelf --- Desk --- Giveaway.

    -

    GREEN SHELF:

    Space provided to place PSGE. Kismet Grass Holders : Water & Green, or amusing holders.

    Pamphlets :

    Shade card Sized. (Advertisement and Uses ofPSGE), And With Some Shades.

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    On the dealers desk:

    . .1 Lucky Grass with PSGE printed .2 An Artifice.with PSGE tin

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    Contractors Perspective:

    Cases of severity due to use of turpentine.

    Rocketing Price of Turpentine or thinner(quality).

    For their fast-Business.

    Updating the consumer.

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    Contractors Skepticism :

    Semi gloss Finish.

    Opacity & Thickness.

    Quick Dry. (Large Surfaces may leave

    Patches).

    Exterior Durability ?

    Price Factor.

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    Contractor Meet :

    USPs : Water-based & Odorless.

    Empathetic Videos for Strong Message.

    Safety & Health issues

    Emphasis on the POINTS they can get.

    (50 % more than PSE as PSGE is a luxury and not a premiumproduct).

    Campaign : Say-Suvarna

    Contrators Promotion:

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    PleaSeGive fEedback

    Thank You

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    Thank You

    Mr. Sireesh Rao, RM (Andhra Pradesh)

    Mr. Chirag Kapadia, AM (Secunderabad &Miyapur)

    And TSOs & staff of Asian Paints atSecunderabad.