EXECUTIVE SUMMARY
The statement of the problem
Todays companies urgently and critically rethink their business mission and marketing strategies. Instead of operating in a market place of fixed and known competitors and stable customer preferences, they work in a war zone of rapidly changing competitors, technological advances, managed trade policies and diminishing customer loyalty.
The objectives are :
Find out the brands awareness among customers. To find out the brand perception by customers. To find out the factors affecting the brand preference.
The type of research
was descriptive research. The sources are primary and secondary. The sample size of the 50 questionnaire.
The limitation
was the sample size was 50 because of the difficulty in conducting the interviews with respondents in given time frame.
The major findings are
BRAND AWARENESS 100% respondents are aware about the auto paint brands DuPont, ICI, Asian PPG. 72% Respondents are aware about Nerolac and 52% are about Akzonobel. BRAND PERCEPTION It has been observed that brand mostly preferred by customers is DuPont followed by ICI Paint.
The recommendations
are also proposed for bringing a paradigm shift from pursuing a sale to creating a customer.
1) The suggestion is some respondent complaint about bad matcher. ICI should ensure that dealers keep the good paint matcher so that customers do not switch over to another brand due to bad paint matcher. 2) There is need of training program and awareness campaign among the authorized service stations, independent body shops and workstations