Report On Marketing On JCB
Report On Marketing On JCB
B.L.D.E.A's
A. S. Patil College of Commerce (Autonomous),
(Affiliated to Rani Channamma University, Belagavi)
MBA Programme,
New Campus, B. M. Patil Road, Vijayapura-586103
A report submitted in the partial fulfillment of the requirement for the award of
MASTER OF BUSINESS ADMINISTRATION
PROJECT REPORT ON
CHAPTER-1
EXECUTIVE SUMMARY
Executive Summary
The project work finds out the brand awareness of JCB in the current scenario
I have undertaken this project to understand customer behavior towards JCB brand.
This project is focused on Brand awareness of JCB, perception of customer towards
JCB machine, promotion activity carried out by Sri Sai Earthmovers. The project
scope is limited to Vijaypur. The survey was conducting using questionnaires and the
information about various attributes and factor are collected.
It was totally a great experience to entering into the company. I spent most time in
visiting different department and intreated with mangers, employee and costumer. It
was able to understand company has created good brand image vijayapur city. And
each department are contributing towards the achievement of the company goal.
The data is collected from primary source: customer. Data is filtered and analyzed,
represented in the forms of graph. Secondary data was also used in report such as
company profile, product profile etc. on the base of analysis the data, conclusion was
drawn.
From the collection of data, I have found some important findings drawn in
below
The survey gave knowledge about customer satisfaction, loyalty and feel about the
brand. The survey gave your insight market of JCB.
CHAPTER -2
INTRODUCTION
Industry Profile
JCB is founded by Joseph Cyril Bamford in 1945.JCB is actually named J.C. Bamford
Excavators Ltd and is a British multinational corporation, with headquarters in
Rocester, Staffordshire. founded in 1945 and based in Rocester, Staffordshire,
England was named after the initials of the name of its founder Joseph Cyril Bamford.
the company continues to be owned by the Bamford family is a British manufacturer
of equipment for construction, agriculture, waste handling, and demolition.
JCB, the world's third largest construction equipment manufacturer has 21 plants in
four continents: 12 in the UK, 5 in India and one each in the USA, China, Germany,
and Brazil. Continuing the JCB heritage, Sir Anthony Bamford, Chairman, envisaged
the India growth story back in 1979 and set up a joint venture company in the country
to build machines which would eventually help build India’s growth. In 30 years, the
company has grown to become a household name for all involved in the infrastructure
industry. In any corner of the country, one is never far from a JCB. What has led to
this huge success and sales of over 90,000 machines in India? NBM&CW's editorial
team had the opportunity to interact with the higher echelons of JCB, Mr. Vipin
Sondhi (CEO & MD), Mr. Arjun Mirdha (Executive Vice President, Sales &
Marketing) and Mr. Amit Gossain (Associate Vice President, Marketing & Business
Development) to know the evolution of JCB and how it's becoming a household name
in country's infrastructure space.
Early Years
In 1948, six people were working for the company, and it made the
first hydraulic tipping trailer in Europe. In 1950, it moved to an old cheese factory
in Rocester, still employing six. A year later, he began painting his products yellow.
In 1953, his first backhoe loader was launched, and the JCB logo appeared for the
first time. It was designed by Derby Media and advertising designer Leslie Smith. In
1957, the firm launched the "hydra-digga", incorporating the excavator and the major
loader as a single all-purpose tool useful for the agricultural and construction
industries.
By 1964, JCB had sold over 3,000 3C backhoe loaders. The next year, the first 360-
degree excavator was introduced, the JCB 7. In 1978, the Loadall machine was
introduced. The next year, JCB started its operation in India. In 1991, the firm entered
a joint venture with Sumitomo of Japan to produce excavators, which ended in 1998.
Two years later, a JCB factory was completed in Pooler near Savannah, Georgia, in
the US, and the next year a factory was opened in Brazil.
In 2005, JCB bought a company, purchasing the German equipment firm Vibromax.
In the same year, the firm opened a new factory in Pudong, China. of a new
£40 million JCB Heavy Products site began following the launch of an architectural
design competition in 2007 managed by RIBA Competitions, and by the next year,
the firm began to move from its old site in Pinfold Street in Uttoxeter to the new site
beside the A50; the Pinfold Street site was demolished in 2009. During that year, JCB
announced plans to make India its largest manufacturing hub. Its factory
at Ballabgarh in Haryana was to become the world's largest backhoe
loader manufacturing facility. JCB shed 2,000 jobs during the 2008 global financial
crisis; in 2010 it rehired up to 200 new workers.
In 2013, JCB set up its fourth manufacturing facility in India. In 2014, it was reported
that three out of every four pieces of construction equipment sold in India was a JCB,
and that its Indian operations accounted for 17.5% of its total revenue. JCB-based
memes have also become prevalent in India.
Innovation milestones
1949: JCB Major Loader revolutionises agriculture.
1952: JCB backhoe loader is born with the Mk 1 Excavator.
1963: JCB 3C takes backhoe performance to new levels; a design classic.
1964: JCB 7 becomes JCB's first crawler excavator.
1971: JCB 110 hydrostatic crawler loader proves our pioneering spirit.
1977: JCB 520 telescopic handler, a new concept, takes the industry by storm.
1980: JCB 3CX marks the construction industry's largest investment in a
single machine.
1990: JCB Fastrac becomes the world's first fully suspended, high-speed
draught tractor.
1993: JCB robot skid steer loader becomes the world's safest skid steer.
1997: JCB Teletruk takes the industry by storm.
2006: 2 JCB 444 diesel engines power the JCB Dieselmax to the diesel word
land speed record.
2010: JCB Eco machines take machine efficiency and productivity to new
world-beating levels.
Indian Dealers
Having a pan India existence with 650+ dealers’ network, trained & skilled service
engineers, and parts availability, JCB is one of the leading market players that
understands your business needs.
CHAPTER-3
ORGANIZATION PROFILE
Organization Profile
Company Profile
Sri Sai Earthmovers was started on 1/1/2013 and Sri Sai Earthmover was
authorized by JCB India and its range of product of Gulbarga, Vijaypur, Bidar,
Raichur and Yadgeri with the head office Gulbarga Karnataka Sri Sai
Earthmovers JCB dealership a complete range of service including equipment sale
and genuine JCB part to its customer across Gulbarga, Vijaypur, Bidar, Raichur
and Yadgeri in Karnataka.
Company Manpower
The Sri Sai Earthmovers JCB dealership current employees out of 15 are on sale
70 for service and for backend operation. Over the year the Sri Sai Earthmovers
JCB dealership has established it’s as a trusted name as a JCB dealership in the
around district of Gulbarga, Vijaypur, Bidar, Raichur and Yadgeri in Karnataka.
Mission
Sri Sai Earthmovers mission is to make a reach the target which given by the
company. And make the best dealer across Gulbarga, Vijaypur, Bidar, Raichur
and Yadgeri.
Vision
Sri Sai Earthmovers ensure that costumer should get good service and satisfied
the need and want of customer across Gulbarga, Vijaypur, Bidar, Raichur and
Yadgeri in Karnataka.
Organization Structure:
Managing
partner
Service Service
Technicians
Organization Study
Service Department:
Sri Sai Earthmovers is giving best service to the costumers across Gulbarga, Bijapur,
Bidar, Raichur and Yadgeri in Karnataka.
Fixed
Close
Parts Department:
Sri Sai Earthmover’s giving all type of part to the customer across Gulbarga, Bijapur,
Bidar, Raichur and Yadgeri in Karnataka.
Parts are purchased from the JCB India LTD Place Where Purchase:
Chennai
Kolkata
Pune
Faridabad
Oil is purchased from Bangalore and The process of giving the order:
Order the oil
It will go to Bangalore
They will send the oil
Make the inward
An extra feature in part department:
TOC – (Theory of constant) it has an app which helps automatically order the part if
10 part send 70% of part sold it will automatically order a part to the company
Sales Department:
Sri Sai Earthmovers ensure that whatever the given the target on sale we can possible
to make to reach that target and satisfied need and want of costumer.
Company Focus on Target Customer:
Construction
Agriculture
Waste handling etc.
Finance Department:
Sri Sai Earthmover’s in the Finance department manage its money. The business
function typically included planning, organizing, control its company finances.
Work of Finance department:
Finance department works is to divide the amount properly and make ensure that not
the message of the amount and make proper written is a book which amount is for the
business.
Private Finance:
HDFC
HDB Finance
Sherya Finance
Sri Ram Finance
National banks:
Karnataka banks
SBI bank
DCC bank
All co-operative bank
HR Department:
HR department work is to make the manpower in the organization& select the right
man in the right place & also make or other works.
The HR department is on focused on a number of majors are including.
Recruiting staff
Leave permission
PF ESI maintains
Office maintains
Office rules & regulation
The HR department is also conducting the training for the new employee how are
working in the organization.
Account Department:
Account department work is to record the transaction which has done in the
organization and maintaining the petty cash book and cash book which are using in
the organization.
In the accounting department, they are maintaining following
Petty cash book
Cash book
Petty cash book: In the petty cash book, they have written daily expenses
which have done in the organization
Cashbook: In the cash book, they have written in incomes and expenses daily
which have happened in the organization like
Service Amount
Booking amount
Part amount,
Lubricant amount etc
Product Profile:
3DXBHL (33 Lakh)
Features:
Brand JCB
Features:
Brand JCB
Feature:
Features:
Brand JCB
Feature:
Genset Rating 62.5 KVA to 200 KVA
Brand JCB DG set / Generators / Genset / Diesel
Generators
Cooling System Water Cooling, Water Cooled
Model Please refer enclosed JCB DG set Catalogue
Fuel Consumption (at 100% Please refer enclosed JCB DG set Catalogue
Load)
SWOT ANALYSIS
Strength:
Huge product line
Service the wide range of sector
Superior customer service
Market leader in construction
International presence
Weaknesses:
Opportunities:
Emerging market
Product leverage
Expansion of factories
Threats:
Heavy headwinds
Dependency on other sectors
CHAPTER-4
LITERATURE REVIEW
Literature Review:
Sebastian Molinillo (13 April 2016): Responsible brands as compared with active
brands? In an examination of brand personality on brand awareness, brand trust, and
brand loyalty, there is an ascent interest between experts and academics on the subject
of consumer brand relationships. The Customer’s relationships are important to be
built with brand an identity consistent with their own. The reason for this research
paper is to examine two kinds of brand personality traits, to be specific, responsible
brands and dynamic brands to anticipate conspicuous CBR develops, brand
awareness, brand loyalty and brand trust included.
Jenni Romaniuk (30 June 2016), Revisiting an old metric for a new world, brand
awareness is an important, but often neglected, aspect of consumer-based brand
equity. This research paper returns to measure brand awareness with regards to
worldwide brand the management. And which help Taking a look at the strategy for
Laurent et al. (1995), this longitudinal cross-section examines and inspects
modification in brand awareness after some time, with size of test around 300 whisky
customers for each wave in 3 nations: United Kingdom, Greece and Taiwan
Jumiati Sasmita (March 2005) Effects of brand association, brand loyalty, brand
awareness, and brand image, Journal of Retail & Distribution Management, . The
reason for this is the project paper look at impacts of brand affiliation, brand
awareness, brand loyalty, and brand picture on brand value amongst young
purchasers. The Information from 200 young shoppers were investigated using
descriptive, multiple regression and correlation examination by means of the
Statistical Package for Social Sciences PC program rendition. from the Observational
outcomes by means of numerous regressions confirmed that brand awareness
dominatingly influences brand value amongst young customers. These all-young
buyers gaining input and awareness from social life about the particular item or brand.
Awareness:
Awareness in basic terms- what number of individuals know the brand? Usually,
awareness is estimated through overview that solicits members an agreement from
questions like which brand comes to your mind if want to purchase insurance? All
in all, organizations measure unaided awareness – what percent of survey
members referenced the brand with no sort of indication.
Brand:
A brand is a thing, idea or service that is openly recognized from various product,
service or idea with the goal that is very well may be effectively imparted and
generally show cased. A brand name is a name of the indisputable products, idea or
service. Branding is the route towards making and scattering the brand name.
Branding can apply to the whole corporate identity just as to singular service and
product names.
Brand awareness:
Brand awareness is likelihood that consumers are familiar about the life and
accessibility of the product. It is how much consumers absolutely associate the brand
with the particular product. It is estimated as ratio of specialty show case that as
previous information of brand. Brand awareness incorporates both the brand
recognition just brand recall
Definitions:
According Philip Kotler brand is defined as a "name, term, sign symbol (or a
combination of these) that identifies the maker or seller of the product". Customers
often build up a relationship with a brand that they trust and will regularly purchase
products from that brand.
CHAPTER-5
RESEARCH METHODOLOGY
Research Methodology:
Topic Name: “A Study on Brand Awareness of JCB with Reference to Sri Sai
Earthmovers”
Objective of the Study
Primary Data:
A detailed questionnaire was handed over to a chosen a sample at the field.
Interaction with customer of Sri Sai Earthmovers.
Secondary Data:
Product broachers.
Previous annual report.
Internet.
Sampling Size
A sample size of 100 respondents was covered. Non-Probability – Convenience
sampling procedure of survey was conducted during the collection of primary data.
Respondents were consulted at the field and showroom.
No of
Particular Respondents Percentages
Yes 96 96%
No 4 4%
100%
90%
80%
70%
60%
96%
50%
40%
30%
20%
10% 4%
0%
Yes No
Interpretation:
From the data and data analysis we found out of 100 respondents 96(96%) people are
known about JCB brand. only 4(4%) people are not aware about JCB Brand.
Yes 32 32%
No 68 68%
Total 100 100%
70%
60%
50%
40%
68%
30%
20% 32%
10%
0%
Yes No
Interpretation:
From above graph & table shown about visited people in Sri Sai Earthmover in
Vijayapur where out of 100 respondent 68% people are visited and 32% where not
visited.
Advertisement 38 38%
Others 39 39%
40%
35%
30%
25%
15%
23%
10%
5%
0%
0%
Sale promotion Advertisement Friends and Relatives Other
Interpretation:
From the above graph and table out of 100 respondents the majority of costumer are
known JCB brand through other and advertisement that is 39% and 38% where as
23% from sale promotion and friends and relatives is 0%.
Hoardings 18 18%
TV Advertisement 25 25%
Wall panting 8 8%
Newspaper 49 49%
50%
45%
40%
35%
30%
25% 49%
20%
15% 25%
10% 18%
5% 8%
0%
Hoardings TV Advertisement Wall panting Newspaper
Interpretation:
From the above chart and table out of 100 respondents 18% of people are known
through hoardings, 25% of people through TV Advertisement, 8% of the people
through wall panting, 49% of people through newspaper.
5. When you think to buying digging machine which come to your top choice?
No of
Particular Respondents Percentages
L AND T 19 19%
Caterpillar 8 8%
Komatsu 19 19%
JCB 54 54%
60%
50%
40%
30%
54%
20%
8%
0%
L AND T Caterpillar Komatsu JCB
Interpretation:
from the above graph and table we noticed that when they think the digging machine
there first choice is JCB to purchase as 54% where as 19% given to LandT and
Komatsu where as 8% to caterpillar.
No 77% 77%
80%
70%
60%
50%
77%
40%
30%
20%
23%
10%
0%
Yes No
Interpretation:
From the above graph and table most of people are not aware of JCB is selling the
generator machine. 77% of people are not aware, 23% of people are aware about
generator machine.
35%
30%
25%
20%
34%
15%
25%
10% 19%
14%
5% 8%
0%
Interpretation:
From the above table and graph, we noticed that majority of people are prefer quality
that is 34%. 25% are purchase by recommendation. 19% are prefer personal
experience.14% are prefer availability. Lastly 8% of people will prefer price.
No of
Particular Respondents Percentages
JS140 38 38%
JS220 22 22%
Escort 14 14%
JCB generator 7 7%
40%
35%
30%
25%
20% 38%
15%
22%
10% 19%
14%
5% 7%
0%
3DX Xtra eco JS140 JS220 Escort JCB genrator
xpert
Interpretation:
From the above graph out of 100 respondents we noticed that majority of respondents
are used 38% are used JCB model JS140. 22% are used JCB model JS220. 19% are
used JCB model 3DX Xtra eco xpert. 14% are used JCB model Escort. 7% are used
JCB generator.
Service 47 47%
Availability 4 4%
50%
45%
40%
35%
30%
25% 47%
20% 36%
15%
10%
13%
5%
4%
0%
Brand Image Service Avaliblity All of above
Interpretation:
Form the above graph out of 100 respondents most of respondents are consider that
service is important while purchasing the JCB that is 47%. Second most consideration
given 36% for the Brand Image.13% is given All of Above and list choice is given for
the Availability that is 4%.
No of
Particular Respondents Percentages
Satisfied 32 32%
Disappointed 0 0%
60%
50%
40%
30% 56%
20%
32%
10%
12% 0%
0%
Very satisfied Satisfied Not satisfied Disapponted
Interpretation:
From the above graph out of 100 respondents we consider that JCB brand made good
impact towards the customer. 56% of respondents are very satisfied with JCB brand.
32% are satified.12% are not satisfied and no one are disappointed that is 0%.
No of
Particular Respondents Percentages
NO 46% 46%
54%
52%
50%
54%
48%
46%
46%
44%
42%
Yes NO
Interpretation:
From the above graph out of 100 respondents aware of festival offer are respondents
are 54% given as yes and 46% of respondents given as No.
No of
Particular Respondents Percentages
70%
60%
50%
40% 68%
30%
20% 32%
10%
0%
Agriculture purpose Commercial purpose
Interpretation:
From the above graph and table out of 100 respondent’s majority of people are used
for the commercial purpose for JCB as 68% and 32% people are used for the
agriculture.
No of
Particular Respondents Percentages
Excellent 78 78%
Good 16 16%
Average 6 6%
Poor 0 0%
80%
70%
60%
50%
40% 78%
30%
20%
10% 16%
0%
6%
0%
Excellent Good Average Poor
Interpretation:
From the above graph out of 100 respondents, majority of respondents are given
rating excellent for the JCB machine it shows that JCB has providing goods service to
the costumer.78% are given excellent.16% are given good.6% are given Average and
0% are given for poor.
14. Which of the following, according to you, help to build brand image?
No of
Particular Respondents Percentages
Good value 7% 7%
45%
40%
35%
30%
25%
43%
20%
5% 7%
0%
Quality Added service Competitive price Good value
Interpretation:
From the above graph out of 100 respondents feels that quality is important to build a
good brand image given as 43%, where as 26% for added service, 24% given to
competitive price and 7% given to good values.
15.Do you like to recommended your friends and relatives to purchase JCB
machine?
No of
Particular Respondents Percentages
Likely 32 32%
Not at all 2 2%
60%
50%
40%
30% 56%
20%
32%
10%
10% 2%
0%
Very likely Likely Some what likely Not at all
Interpretation:
From the above graph out of 100 respondents most of respondents wants recommend
the JCB given as very likely 56% where as likely 32%, somewhat likely 10% and not
at all 2%.
Yes 88 88%
No 12 12%
90%
80%
70%
60%
50% 88%
40%
30%
20%
10% 12%
0%
Yes No
Interpretation:
From the above graph out of 100 respondent’s majority of respondents are they want
to use JCB machine that is 88% and 12% of would not want use JCB machine.
CHAPTER -6
FINDINGS, SUGGESTION AND
CONCLUSION
FINDINGS
From the survey we found that 96% of the respondents are aware about the
JCB.
From the survey we found that 32% of the respondents are visited to the Sri
Sai Earthmovers in Vijayapur.
By the survey we found that for the 39% are known for the other and 38%
from advertisement this show that JCB has crated brand image on the
customer mind.
By the survey we found that 49% respondents are know from Newspaper this
show company have spending money on advertisement.
54% of respondents feels that when they think to buy a digging machine their
first choice will be JCB.
From the study we found that 77% are aware about the generator JCB machine
From the study we found that 34% respondents are prefer Quality.
From the study we found that majority of respondents are used JS140 JCB
model as a 38%.
47% of respondents are while purchasing JCB they consider good service is
important.
From the study we found that JCB has created good relationship with
costumer because 56% respondents are very satisfied JCB brand.
From the study we found that 54% of respondents are aware about festival
offer which given by JCB.
From the study we found that 64% respondents are used JCB for the
commercial purpose.
78% of respondents are given rating that JCB machine have given the
excellent performance.
From the above survey we found that 43% of respondents are given that to
build good brand image Quality is important.
From the above survey we found that 56% of respondents are very likely
recommend JCB.
From the study we found that 88% of the respondents are using JCB in the
future.
SUGGESTIONS
From the survey we found that most of respondent want to use JCB in the
future so company have to focused increase the costumer and retain the
customer.
The usage of the generator is below average, the company should concentrate
on increase the awareness of the product.
company has given the festival offers. But so many are not aware of that so
company has increased the awareness about offer through different
advertisement media.
I suggest to increase the promotional activity of JCB in the form of Tv
advertisement, social media, newspaper etc. which will help create brand
awareness of JCB.
JCB machine is not meant for everyone JCB is high-cost machine their main
focused constructor, farmer who required more so they have to increase
customer bases on that category so it will develop long term relationship
customer.
JCB company as conduct the campaign in rural area and give the knowledge
about JCB machine and tell them advantages JCB machine. Tell them how
beneficiary to them.
JCB group has earned a good name Indian market as in the overseas. All they
need to maintained the goodwill and the prestige they have earned.
CONCLUSION
As per my study “A Study on Brand Awareness of JCB Reference to Sri Sai
Earthmovers”
From an accomplishing project I have gained excellent knowledge. This project
helped me to know the view of customer and common people towards JCB brand.
I would say that the purpose of this project is to know the brand awareness of JCB in
Vijaypur. Despite of small sample of questionaries we come to know the view of
customer towards JCB brand in Vijaypur.
From the survey we conclude that JCB has created good brand awareness among
people. JCB has built its brand awareness among relatively large number of people in
around Vjayapur. But lack in rural customer. So, Company has to focus on the brand
awareness in the rural area and developing brand awareness in rural customer. JCB
has created a trust among the people. And all the promotional tools such as
newspaper, magazine, Holdings has done regularly and also Sri Sai Earthmovers are
giving best offers to the customer. which create good brand image for the costumer.
Lastly in this project conclude that most of respondents are satisfied with JCB brand
and service which is provided by Sri Sai Earthmovers Vijaypur.
CHAPTER-7
BIBLIOGRAPHY
Website
www.JCB.in
www.scribd.com
CHAPTER-8
ANNEXURES
Annexures:
I am Sourabh Kulkarni, MBA student of A.S. Patil College of Commerce Vijaypur.
This information is required for successful competition of my project “A Study on
Brand Awareness of JCB with Reference to Sri Sai Earthmovers” I request you
kindly spare of your time and fill the questionnaires. Thank you
5. When you think to buying a digging machine, which come to your top choice?
Caterpillar Komstsu
L and T JCB
14. Which of the following, according to you, help to build brand image?
Quality Added service
Competitive price good value
15. Do you like to recommended your friends and relatives to purchase JCB
machine?
Very likely Somewhat likely
Likely Not at all
17. Suggestion
18. Complaints