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    A Market Study on rubber patches for Tube, Tyre and Tubeless Tyres

    (Pune, Belgaum and Hospet)

    REPORT

    BY

    Vijaykumar Kurdagi (PGDM No: 12057)

    Work Carried at

    Mysore Polymers Co. Pvt Ltd, Mysore

    Submitted in partial fulfilment of the requirement of

    Summer Internship Programme

    Under the supervision of

    Corporate Guide Faculty GuideMr M. Nagabhushana Dr M. R Suresh

    AGM (Marketing) Professor (Marketing)

    Mypol, Mysore SDMIMD, Mysore

    SDM Institute for Management Development

    Mysore, Karnataka, India

    (June 2013)

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    COMPANY CERTIFICATE

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    CERTIFICATE BY THE FACULTY GUIDE

    SDM INSTITUTE FOR MANAGEMENT DEVELOPEMNT, MYSORE

    This is to certify that PGDM No 12057, Mr Vijaykumar Kurdagi of PGDM Batch 2012-14

    has satisfactorily completed Summer Internship Project titled A Market Study on rubberpatches for Tube, Tyre and Tubeless Tyres at Mysore Polymers Co. Pvt Ltd (MYPOL)

    located at 20 P, K.R.S. Road, Metagalli Post, Mysore 570016, Karnataka from 1 st April

    2013 to 31 st May 2013 as partially fulfil the requirements of the PGDM program under my

    guidance.

    Dr. M. R Suresh

    Professor (Marketing)

    SDM Institute for Management Development, Mysore

    Date: 23/06/2013

    Place: Mysore

    Institutional Stamp

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    E XECUTIVE S UMMARY

    Project Title: A Market Study on rubber patches for Tube, Tyre and tubeless tyres in

    Pune, Belgaum and Hospet

    Supervision: Mr Nagabhusana

    Name of the Student: Vijaykumar Kurdagi

    PGDM No : 12057

    This project aims at identifying the market condition and market study for tube and tyre

    repair patches, so that company can identify the strategy to enter into tube and tyre repairindustry.

    Mysore Polymer Co. private Ltd (Mypol) was established in 1981. Manufacturing unit of

    Mypol is located in Mysore city. Its a pioneer in rubber products. It is planning to make a

    foray into the tube and tyre repair patches and related products.

    Patches are used by vulcanizers or mechanics for repair work. The current study focusses on

    the patches and the study has been conducted in Pune, Belgaum and Hospet.

    The research work included survey and in-depth interviews with the vulcanizers and dealers.

    The questionnaire was used to record the response of the sample.

    The study has shown that the prospects for a new supplier in the market are positive. In order

    to enter the market it will have to follow carefully prepared strategies.

    The project, which was blend of market research, business and new product development,

    was quite a learning and satisfying experience

    The thesis describes the above mentioned work in detail.

    Name of the student Supervisor

    Vijaykumar Kurdagi Mr. Nagabhushana

    PGDM No: 12057 AGM (Marketing)

    SDMIMD MYPOL, Mysore

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    A CKNOWLEDGEMENT

    This summer internship project is just not merely doing the project, but it is also to get the

    first-hand experience of the industry. It is rightly said that no one is as good as all of us. Thisstatement underlines the significance of the contributions of people in order to make any

    effort a success. This endeavour of market research could not have met its end without the

    assistance and wishes of many individuals who made this effort possible. I am thankful to our

    institute SDMIMD, Mysore for providing us an opportunity and encouragement to

    undergo project training in MYPOL company.

    I would like to take this opportunity to express my gratitude to my corporate guide Mr.

    Nagabhushana , AGM (Marketing) Mypol, who provided me the opportunity to execute the project which not only was important for the organisation but also allowed me to have

    practical insights of the corporate world and improved my perspective.

    I would like to thank my faculty guide Dr. M. R Suresh for being there always to support

    whenever I needed it. This enabled me to make this project a blend of academics and

    practice.

    At last, I want to appreciate the incessant support of my friends and relatives who helped in

    seeking a number of appointments within the industry and made the data collection possible.

    VIJAYKUMAR KURDAGI

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    L IST OF F IGURES , C HARTS AND T ABLE Pictures a, b, c and d Tube, Tyre and tubeless tyre repair methods

    Table a Information requirement Planning (IRP)

    Table b Break-up of sample size

    Table c Brands of patches in Pune

    Table d - Brands of patches in Belgaum

    Table e - Brands of patches in Hospet

    Table f Preference for branded patches

    Table g Charges for carrying out repair activity

    Table h Size and shape most preferred (Tube)

    Table i - Size and shape most preferred (Tyre)

    Chart a Current market network

    Chart b Fast moving size of patches

    Chart c Vehicles that visit puncture shops for tube and tyre repair

    Chart d Patches are supplied with bonding gum

    Chart e satisfaction level of current patches

    Chart f features/ factors which are important for patches

    Chart g Punctures in seasons

    Chart h How many punctures daily

    Chart i Same brand of bonding gum with patches

    Chart j New brand preference

    Chart k Buy patches

    Chart l Dealer Analysis

    Chart m Profit margin

    Chart n Market Share

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    T ABLE OF C ONTENTS Company Certificate ............................................................................................................... i

    Certificate by faculty guide .................................................................................................... ii

    Executive Summary ............................................................................................................. iii

    Acknowledgement ................................................................................................................. iv

    List of Figures, Charts and Table ........................................................................................... v

    Chapter I Introduction ...1

    1.1 Company Profile .............................................................................................................. 1

    1.2 Introduction to the project topic ....................................................................................... 2

    1.3 Purpose of the study ......................................................................................................... 2

    1.4 Industrial market research ................................................................................................ 3

    Chapter II Product Introduction - Patches 4

    2.1 Product Definition ............................................................................................................ 4

    2.2 Usage ................................................................................................................................ 4

    2.3 Related Products ............................................................................................................... 5

    2.4 New Product Generation ..5

    Chapter III Theoretical Framework ...7

    3.1 Research Purpose ............................................................................................................. 7

    3.2 Research Objectives ......................................................................................................... 7

    3.3 Research Questions .......................................................................................................... 7

    3.4 Research Users ................................................................................................................. 8

    3.5 Research Boundary .......................................................................................................... 8

    Chapter IV Research And Sample Design ...10

    4.1 Research Methodology ..................................................................................................... 9

    4.2 Information requirement planning ................................................................................... 9

    4.2 Type of research ............................................................................................................. 10

    4.4 Questionnaire Development ........................................................................................... 10

    4.5 Sampling plan ................................................................................................................. 11

    Chapter V Data Analysis and Graphical Presentation .12

    5.1 Pune ................................................................................................................................ 12

    5.2 Belgaum ......................................................................................................................... 14

    5.3 Hospet............................................................................................................................. 15

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    5.4 Overall Responses from the questionnaire ..................................................................... 16

    Chapter VI Analysis of In-Depth Interview 22

    6.1 Key Findings & feedback from dealers, Vulcanizers in Pune city ................................ 22

    6.2 Key Findings & feedback from dealers, Vulcanizers in Belgaum city .......................... 23

    6.3 Key Findings & feedback from dealers, Vulcanizers in Hospet city ............................. 24

    Chapter VII Competitors Analysis ..25

    7.1 Introduction .................................................................................................................... 25

    7.2 Unipatch Rubber Limited (OMNI Brand) ...................................................................... 25

    7.3 Kwik patch limited, Chennai .......................................................................................... 27

    Chapter VIII Results and Discussions .30

    8.1 SWOT Analysis.............................................................................................................. 30

    8.2 Important Findings ......................................................................................................... 31

    8.3 Recommendations .......................................................................................................... 31

    8.4 Competition & Strategy ................................................................................................. 32

    Chapter IX Conclusion 34

    References & Bibliography

    Appendix: Questionnaires

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    1

    Chapter I Introduction

    1.1 C OMPANY P ROFILE

    Mysore Polymers & Rubber Products Pvt. Ltd. (Mypol) is an automotive inner tube & rubber

    products manufacturer established in 1981. Mypol is India's first butyl tube manufacturer.

    Mypol is closely held Private Limited company (41 individual shareholders), not listed in any

    stock exchange, with an authorized capital of US $1.28Million.

    Mypol is preferred inner tube manufacturer to tyre companies like Good Year, JK Tyres, Ceat

    and General Tyres among others. Presently Mypol manufactures Butyl & Chlorobutyl inner

    tubes for almost every type of vehicle from 2 wheelers to large trucks and farm equipment

    and thus has a wide range of 45 different sizes of tubes. Moreover, brand of Mypol tubes

    has a strong presence in the replacement market. These are distributed across India &

    SriLanka through 9 branches which cater to more than 1300 dealers. Today Mypol is perhaps

    the largest manufacturer of high quality Butyl automotive inner tubes in India.

    Mypol is tightly integrated with its own Compound Mixing, Testing & Manufacturing

    facilities. This not only helps in product quality but dramatically shortens product

    development time. Rubber product activity spans a number of solutions for criticalapplications in defence, space, medical & severe environments in cement, garment industries.

    With the expertise in rubber technology, product & process innovations, knowledge of

    manufacturing processes, ability to keep costs in control, Mypol has been catering to critical

    rubber product requirements from across the world. Mypol exports spanning more than 20

    countries including United States, Germany, and Holland etc.

    Mypol is accredited with ISO 9001:2008 certification, IS/ ISO/TS: 16949:2009 (TUV NORD

    Germany) for design, development, manufacture and supply of automotive inner tubes &

    rubber products.

    Major Customers of Mypol: Good Year India Ltd, Dunlop India, JK Tyres Ltd, MRF Ltd,

    General Tyre (Pakistan), Ceat Kelani (Sri Lanka), DSI Samson Group (Sri Lanka), Richard

    Pieris Co. Ltd (Sri Lanka), Larsen & Toubro Ltd., Elgitread Ltd, VMI Holland BV.

    Institutional Sales: The Company enjoys a lot of support from the government institutes like

    Indian Space Research Organization (ISRO), Indian Navy, Nuclear Fuel Complex, Defence

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    Research Development Organization, Defence Research Development Laboratory and

    KSRTC and many other institutes.

    The company is focused on customer success through its ceaseless attention to quality,

    innovation and lower cost as well as operating with high standards of integrity. Service andcustomer satisfaction is their corporate goal. They believe in co-operation with their

    customers and wish to have a stronger and long lasting relationship with them.

    The present project has been conducted in order to gather information about the rubber

    patches used by the vulcanizers/mechanics. This market research attempts to ensure effective

    marketing by the firm within this industry so as to gain competitive advantage.

    1.2 I NTRODUCTION TO THE PROJECT TOPIC

    Mypol proposed to launch branded patches and related products and also re-treading

    materials. These products are going to be produced in MYPOL Company. Towards this end

    Mypol decided to commission a market research project to be undertaken by SDMIMD

    students as a summer internship projects.

    The objective was to understand the market and the demand for patches and related products

    from dealers, manufacturers and vulcanizers/Mechanics.

    1.3 P URPOSE OF THE STUDY

    1.3.1 Objective:

    1. To understand the tube & tyre repair market and recommend MYPOL how should

    they go in launching Mypol Patches in this market?

    2. Applying theoretical knowledge of management to real time practical situation.

    1.3.2 Organizational Context:

    Mypol is the one of the leading firms in customized rubber products. With its undisputable

    repute and experience it is planning to expand its business in rubber products. It wants to

    venture into Tube and Tyre repair market (Patches and Retreading). The purpose of the

    current research is to gather the information about the current market. The research purpose is

    to communicate the response of the target customers to the firm so as to enable it to link with

    them so that firm is able to provide valuable product and services to the customers. There ishuge potential market in India for tube & tyre repair products, but still; unorganised sector is

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    high compared to organised sector. There are many brands available in the market along with

    local brands. But there is chance to gain a market for MYPOL if they produce their own

    repair products with the MYPOL brand.

    A detailed Study of the market of Pune, Belgaum and Hospet was done.

    1.4 I NDUSTRIAL MARKET RESEARCH The aim of marketing is to know and understand the customer so well the product or service

    fits him and sells itself Peter Drucker

    Kotler on Marketing (Kotler, 2012) Marketing is an organizational function and a set of

    processes for creating, communicating, and delivering value to customers and for managing

    customer relationships in ways that benefit the organization and its stake holders .

    Marketing is the process of planning and executing the conception, pricing, promotion, and

    distribution of ideas, goods and services to create exchanges that satisfy individual and

    organizational goals.

    Market Research - Definition: The systematic gathering, recording, and analyzing of data

    with respect to a particular market, where market refers to a specific customer group in a

    specific geographic area. (Dictionary)

    Marketing research is a systematic problem analysis, model building and fact finding for the

    purpose of improved decision-making and control in the marketing of goods and services .

    Philip Kotler

    Industrial market Research - The importance of industrial market research cannot be over-

    stated because it defines the specific target markets and products that will produce increased

    sales and higher profit margins. More specifically, industrial market research defines the

    companies that are most like your best customers and most likely to need what you sell in themarketplace.

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    Chapter II Product Introduction- Patches

    2.1 P RODUCT D EFINITION

    Patches: A specially designed unit made of rubber that is applied to a tyre or tube to restoretyre and/or tube integrity. Rubber patches is a material which is used to repair a worn area,

    hole or a tear of tubes and tyres. They are available in different shapes and size depending on

    needs. Patches are used by vulcanizers and some mechanics. Therefore, the methods and

    materials used in tyre repairs are to be of the highest quality.

    2.2 U SAGE

    As with any automotive repair, a repair requires the utmost precision, cleanliness andaccuracy to attain maximum safety and effectiveness. Patches can be used for any size injury,

    from pinhole repairs in tubes through section repairs in Giant/OTR tyres.

    Tube

    Repair

    Picture (a) Picture (b)

    One method features a base gum that will

    cure chemically. This soft, high-tack gum is

    less prone to problems associated with

    moisture, handling and cement drying time.

    Vulcanization: A chemical reaction that takes place under appropriate time, temperature,

    and pressure. This is a hot process.

    Tyre Repair

    Picture (c)

    Both Hot process and cold process are used.

    The process is same as above.

    Tubeless

    Tyre Repair

    In the Indian market following 3 repair

    methods are available Plug Method, Patch

    Method and Filler Method. Most Preferred

    Method is Plug (Mushroom type) and filler

    Methods because this gives a permanent,

    strong and airtight repairing. Patch method is

    unsafe.

    Picture (d)

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    2.3 R ELATED P RODUCTSThere are wide variety of products formulated for bonding, cleaning, sealing and lubricating

    rubber products, below are the some major related products.

    1. Vulcanizing gum: An especially compounded repair gum which cures at room temperature by chemical action.

    2. Repair Tools

    3. Vulcanizing machine

    4. Tubeless Repair Kit

    2.4 N EW P RODUCT G ENERATION

    Phase 1: Opportunity Identification and Selection

    MYPOL found that there is a broader scope in the market for Rubber patches for tyre, tube

    and tubeless tyres. They thought the market is only captured by a single brand OMNI and

    MYPOL using their brand image in tube and tyre industry wanted to capture the rubber

    patches market as well.

    Phase 2: Concept Generation

    MYPOL had an Idea that they want to launch rubber patches in the market but did not have a

    broader picture about the market and wanted to know who else or which other brands are in

    the market. So a market study was conducted across India to retrospect the market and find

    out the other major market leaders or followers.

    Phase 3: Concept Evaluation

    Market Research was conducted pan India and a detailed analysis was done to know the

    market, market share and how the overall process is done. How the channeling and

    distribution of the patches are maintained and done also came into picture. Analysis was done

    with the obtained results and after analyzing the samples obtained.

    Phase 4: Development

    The Analysis clearly mentioned that OMNI is not only the brand existing brand in the market

    but still there are many other branded and Local patches in the market but OMNI was the

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    market leader this was confirmed from the analysis. So after the report analysis been done

    MYPOL though to launching the product keeping in mind the reputation of MYPOL which it

    has acquired till now and MYPOL is one of the Indias leading tube manufacturers.

    Response from the market stated that Quality has to be good and price remaining the same.So company decided not to compromise in its quality.

    Phase 5: Launch

    The company is still in the thought process of launching the product. Once the detailed

    discussion with the top management and cost benefit and profit analysis will be done the

    company will decide on launching of the product.

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    Chapter III Theoretical Framework

    3.1 R ESEARCH P URPOSE

    The purpose of the study was to identify the following factors for patches in Pune, Belgaumand Hospet.

    1. Brand

    2. Fast moving size of patches

    3. Type of Packing(No of pieces)

    4. Price

    5. Dimension of the patches

    6. Purchase frequency

    7. Supply in set i.e. with vulcanizing solution or patch alone (Because Major brands

    Supply in sets).

    The research has identified the reasons and collected the feedback from the sample that helps

    the management to take necessary steps for launching the product.

    3.2 R ESEARCH O BJECTIVES 1. To study the market w.r.t to the factors mentioned above.

    2. To study the buying behaviour of dealers and vulcanizers regarding the patches.

    3. To gather information which will help in making the strategy to enter the patches

    market for tube, tyre and tubeless tyre for Mypol.

    3.3 R ESEARCH Q UESTIONS1. What is the extent of brand awareness of the Mypol help the company to sell patches

    in the market?2. What are the major attributes that influence purchases of patches?

    3. Which brands and why they are preferred by dealers and vulcanizers in different

    market?

    4. What is the level of satisfaction of dealers and vulcanizers?

    5. How to influence the buyer in this market?

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    3.4 R ESEARCH U SERS The research analysis will be used by the top management. This analysis will aid them to do

    further detailed study and to take certain strategic decisions.

    3.5 R ESEARCH B OUNDARY1. Research was conducted in Pune, Belgaum and Hospet.

    2. The target groups were dealers, vulcanizers, and manufacturer.

    3. The respondents have assumed to have provided objective information without any

    bias.

    4. Many respondents were not willing or able to entertain the request for survey.

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    Chapter IV Research & Sample Design

    4.1 R ESEARCH M ETHODOLOGY The survey was started internally in Mypol, collecting data of internal report on the domestic

    market place, information on distribution, regional buying pattern. Collected the data on the

    requirements of the research and this was very helpful and is indicative of the likely domestic

    market place and indicate strengths and weakness that will help in segmentation. An external

    search through our own channels and collection of secondary data also took place, so that

    helped to obtain and analyse existing market.

    Pilot Survey

    A pilot study was conducted in Hubli city, which included vulcanizers/mechanics, dealers

    and manufacturer. This survey was done with the help of questionnaires followed by in-depth

    interview and sample was selected by convenience sampling. It was helpful for better

    understanding of research work and also helped to improve the questionnaire.

    4.2 I NFORMATION REQUIREMENT PLANNINGSource of Information Information Required Scaling Approach

    Vulcanizers

    (Puncture Shops)

    Mechanics

    Purchase Behaviours Frequency of Purchase Price Preferred Brand Awareness Fast moving size of patches Additional Features Dimension of the patches

    Packaging

    Nominal and Ordinal

    Retailers & Wholesalers

    Dealers

    Brands Available & Price of each

    brand.

    Frequency of Purchase of each brand. Additional Features Selling Price Stocking Incentives

    Nominal and Ordinal

    Table (a)

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    4.2 T YPE OF RESEARCH

    4.2.1 Exploratory Research

    Exploratory research is generally used to clarify thoughts and opinions about the research problem to provide insights on how to do conclusive research. The results of the exploratory

    study can give valuable inputs for the second study. It helps in developing and refining the

    plan for the research. During the first ten days of the research exploration was carried out.

    During this phase unstructured in-depth interviews were conducted with some

    vulcanizers/mechanics and dealers within the aforesaid industries so as to appreciate the

    significance and magnitude of the market. After this phase questionnaires were developed.

    4.2.2 Descriptive Research

    The survey was conducted using the questionnaires. Various scales and parameters were

    included in the questionnaire to draw the value expectations of the buyers. The questionnaires

    were in tune with the objectives of the research study.

    4.4 Q UESTIONNAIRE D EVELOPMENT

    It is the platform which is used to elicit the information from the respondents. First, the draft

    questionnaire was prepared using the information collected during the exploration phase. It

    included a set of subjective questions. Then, the questionnaire was administered during pilot

    survey. This helped in gathering valuable information for the research which enables the

    researcher to reframe the questionnaire to meet the desired objectives more effectively. The

    second questionnaire was the combination of subjective and objective questions. Various

    scales were used to enable the respondent express their views clearly.

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    4.5 S AMPLING PLAN

    The Current Market Network is as follows

    Chart (a)

    Break-up of Sample Size

    Particulars Total

    Vulcanizers

    (unorganised)

    Unorganised 40

    Organised 20

    Dealers/Distributors (Includes Listed & Non-listed) 20

    Manufacturers 2

    Total 82

    Table (b)

    A total of 82 sample size was selected to conduct the research work for the cities assigned.

    Fieldwork was started from 22 nd of April till 10 th of May.

    For selecting the vulcanizers convenience and snowball sampling techniques are used.

    Basically for listed dealers, detailed list of records was available with sales executives of the

    company in respective cites and also with their marketing head and their guidance was taken

    in approaching the dealers. Non-listed dealers data was collected with the help of snowball

    sampling technique.

    Manufacturer Distributors

    Dealers

    Vulcanizers/

    Mechanics

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    Chapter V Data Analysis and Graphical Presentation

    5.1 P UNE

    In Pune, 80% of the vulcanizers do the patch/repair work for all types of vehicles i.e. twowheelers to more than four wheelers and for all categories of tube, tyre and tubeless tyres.

    There is a more than 70% of vehicles come for repair is tube & tyre, but vulcanizers say

    tubeless tyres may take 4-5 years to overtake tube and tyre market.

    Brands of Patches

    Tube

    OMNI 64.3%

    Others

    (5 Product) 36.0%

    Tyre

    No Name 31.1%

    OMNI 17.9%

    Fix It 14.3%Diamond 14.3%

    Tubeless

    Kwik 56.0%

    OMNI 20.0%

    Others

    (3 Product) 8.0%

    Table (c)

    Branded Local Patches

    Here there are more than 15 brands are available in the market, out of these vulcanizers and

    dealers prefer OMNI Patches. 64.3% shows OMNI has captured very well in tube patches.

    There are no preferences for brand in tyre patches, many vulcanizers prefer local tyre patches

    Vulcanizers/Mechanics

    Brands Tube Tyre TubelessOmni 18 5 5

    Life B2 - 2 -

    Kwik 2 - 14

    J.M.T Gold - 2 -

    Mayur - - 2

    Fix It - 4 -

    Pearl 2 - -Diamond 2 4 -

    Popular 2 - -

    Puma - 2 -

    Serve - - 2

    Black seal - - 2

    Sheet 2 - -

    Magnet - 2 - No Name - 7 -

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    as they are convenient and price is low. Kwik has very well known for tubeless tyre repair

    strips. Kwik has slowly capturing OMNIs market share.

    Fast moving sizes of patches?

    Chart (b) shows fast moving size of patches

    Cycle Round is most preferred and is fast moving patches. There are again different variants

    in cycle round i.e. Mini round, all-purpose and tiny round etc which are used by vulcanizers.

    Rank the vehicles in terms of punctures

    Chart (c) shows major vehicles that visit puncture shops for tube & tyre repair

    Mainly we see that vulcanizers frequently repair puncture for two-wheelers, so the patches

    used for two-wheelers like round, oval and sheet are fast moving and vulcanizers buy these patches more.

    0

    5

    10

    15

    20

    25

    30

    Cycle Round Radial Oval Sheet Rectangular

    Fast Moving Size of Patches

    0

    5

    10

    15

    20

    25

    Bicycle Scooter Bike Car Bus/Truck

    2

    18

    22

    12

    53

    11 108 7

    1 2 1 2 1

    Rank the vehicles in terms of frequency of punctures

    Highest Medium Least

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    Are the patches being supplied along with vulcanizing cement or patches alone?

    Chart (d) shows are patches are supplied with the vulcanizing cement/bonding gum

    The Chart displays that 100 % of the respondents replied that they do buy it separately, they

    do sell separately. But, sometimes they bring both these product together if it is required.

    Dealers orders both patches and bonding gum from the manufacturer or distributors for thestock.

    5.2 B ELGAUM

    Brands of Patches Available

    Table (d)

    0

    28

    Yes

    No

    Are the patches being supplied along with vulcanizingcement/bonding gum ?

    Tube

    Omni 31.81%

    Mahant 13.63%

    Sheet 13.63%

    Others

    (6 products) 6.83%

    Vulcanizers/Mechanics

    Brands Tube Tyre TubelessOmni 7 3 2

    Best 2 1 1

    Vultec 4

    Mahant 3 2

    Kwik 1

    Action 1 1

    Chetan 1

    PNR 1

    Maby 3

    MRF 1

    Sheet 3

    No Name 3 2 1

    Tyre

    Vultec 30.77%

    Omni 23.07%

    Others

    (4) 11.50%

    Tubeless

    Maby 37.50%

    Omni 25.00%

    Other(3) 12.33%

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    Here there are more than 12 brands are available in the market, out of these vulcanizers and

    dealers prefer OMNI Patches. 31.81% shows OMNI is moving very well in tube patches.

    Local manufacturer Mahant Industries under the brand name vultec and mahant patches

    has good presence in tyre patches with 30.77% market share. Maby a local manufacturer has

    very well known for tubeless tyre repair strips. OMNIs patches has good presence in all the

    three categories i.e. tube, tyre and tubeless categories.

    5.3 H OSPET

    Brands of Patches Available

    Table (e)

    Here there are more than 13 brands are available in the market, out of these vulcanizers and

    dealers prefer OMNI Patches. 61.50% shows OMNI is moving very well in tube patches and

    tubeless repair strips. Local patches are preferred for tyre patches, most of them are

    handmade. OMNIs patches has good presence in all the three categories i.e. tube, tyre and

    tubeless categories.

    Tube

    Omni 61.50%

    Others(5 Products) 7.70%

    Vulcanizers/Mechanics

    Brands Tube Tyre Tubeless

    Omni 8 2 2

    Bond - 1 -

    VIP - 2 -

    Best 1 1 1

    Kwik 1 - 1

    Pearl 1 - -

    Piston 1 - -

    Mahant - 1 -

    Mobo - - 1

    Gemini - - 1

    Fire - 1 -

    Sheet 1 - -

    No Name - 3 -

    Tyre

    No Name 27.30%

    Omni 18.18%

    VIP 18.18%

    Tubeless

    Omni 33.33%

    Others(4 Products) 16.66%

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    5.4 O VERALL R ESPONSES FROM THE QU ESTIONNAIRE

    Why respondents prefer branded patches?

    Factors taking into consideration for preferring particular brand patches by

    vulcanizers/Mechanics

    1-Least Important; 2- Neutral; 3- Important; 4- Very Important

    Interpret the values as

    Lower the mean number Factor which has given less importance

    Higher the mean number- Factor which has given more importance

    N Sum MeanPrice 65 128 1.969

    Quality 65 192 2.954

    Availability 65 88 1.354

    Packaging 65 98 1.508

    Size Avail 65 102 1.569

    Table (f)

    From the table, we can see quality and price are the dominant factors. Next to that they give

    preference to packaging and size available. They are not bothered about whether the brand is

    available or not in the shop.

    Are they satisfied with current patches w.r.t price and quality?

    Chart (e)

    Tubes Tyres Tubeless

    48

    168

    48

    32

    44

    Are they satisfied with the price level of the patches andits quality?

    Not Satisfied Neutral Satisfied

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    Vulcanizers are satisfied with the price level of patches for all the three categories. But there

    are some mixed opinions for tyre patches as their quality and price per piece is not that

    considerable. Thus vulcanizers are somewhat unhappy with the tyre patches.

    What factors/features are more important for patches?

    Chart (f)

    This open ended question gave some positive features for the improvement of the product

    which can differentiate our product from others product. Vulcanizers was given chance to

    tell the feature they want to see in new brand. Thus, Smoothness is the major feature they

    look for, Flexible and double coating are the second major feature they look for in a new

    brand.

    Vulcanizers business details

    In which season you get more repair work?

    Chart (g)

    6

    14

    2

    2

    62

    2

    2

    2

    Flexible

    Smooth

    Thickness

    Gripness

    DoubleReliable

    Hard layer

    Long life

    Satisfied With

    Factors/Features which are important for patches?

    69.2%

    19.2%

    11.5%

    March-June

    July-November

    December-Feb

    More no of punctures to be prepared in season

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    What are the charges for carrying out an activity?

    Tube Tyre Tubeless

    Bicycle 20.00 - -

    Scooter 50.00 50.00 100.00

    Bike 50.00 80.00 100.00

    Car 70.00 150.00 120.00

    Bus/Truck 100.00 150.00 -

    Table (g)

    How many punctures do you repair daily?

    Chart (h)

    What are the sizes and shape of patches most preferred and fast moving?

    1-High , 2-Medium, 3-Low

    The values are interpreted as

    Lower the mean no Sizes and Shape which has less preferred and not fast moving

    Higher the mean No- Sizes and Shape which has most preferred and fast moving

    Tube N Sum Mean

    Round 65 84 1.292308

    Oval 65 31 0.476923

    0 5 10 15 20 25 30 35

    40

    How many punctures do you repair daily?

    Tubeless Tyres Tubes

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    Square 65 19 0.292308

    Radial 65 42 0.646154

    Sheet 65 80 1.230769

    Rectangle 65 28 0.430769Table (h)

    Here the data obtained were analysed by using Mean method. Respondents were asked to

    rank major size and shapes which are most preferred and fast moving on a scale 1 to 3. From

    the table, we can see Round and Sheet are the dominant size and shapes.

    Tyre N Sum Mean

    BP (Bias Ply) 65 90 1.384615

    Radial 65 79 1.215385

    Butterfly 65 121 1.861538

    Square 65 30 0.461538

    Table (i)

    From the above table, we see Butterfly, BP (Bias Ply) and Radial are the dominant size and

    shapes.

    Do respondents use same brand of bonding gum for the same branded patches?

    Chart (i)

    Yes

    35%

    No24%

    Sometimes41%

    Do you use same brand of bonding gum/vulcanizingcement for the same branded patches?

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    If new brand is coming up with entire feature you mentioned above. Would respondents

    prefer buying it?

    Chart (j)

    Where do you buy Patches?

    Chart (k)

    28%

    6%66%

    Tube Patches

    Yes No Not Sure

    69%0%

    31%

    Tyre Patches

    Yes No Not Sure

    39%

    5%

    56%

    Tubeless

    Yes No Not Sure

    Retailers9%

    Wholesales

    79%

    other12%

    Buy Patches

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    Dealers Analysis

    Chart (l)

    Does Vulcanizers/Mechanic seek your suggestion as to the brand they can buy?

    Are you Satisfied with the profit margin/ Current Sales for patches?

    Chart (m)

    70%Yes

    30%No

    1

    2

    5

    9

    3

    9

    5

    0

    0

    3

    4

    10

    Dissatisfy

    Neutral

    Satisfy

    Highly Satidfy

    R u satisfied with the profit margin/current sales for

    patches?Tubeless Tyre Tube

    Retailer

    8

    Wholesaler

    4

    Both

    5

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    Chapter VI Analysis of In-Depth Interview

    6.1 K EY F INDINGS & FEEDBACK FROM DEALERS , V ULCANIZERS INP UNE CITY

    KWIK patches is used by almost all vulcanizers of organised sector for tubeless tyre

    repair and the researcher was able to meet a dealer Mr Akhil.V of S.R Enterprises

    who is a mega distributor for KWIK patches for the entire Maharashtra state and

    received some facts and discussed the information about distribution, sales and

    stocking etc of patches and researcher got to know the picture of Pune market.

    It was very difficult to get the dimension of the patches because different brands have

    different size and shapes. Each vulcanizer has different practices, methods of working

    and tools used. So a few samples of different brands and sizes have been collected for

    the reference.

    Dealers and distributors are satisfied with the current patches available because there

    are no complaints from the vulcanizers and also they are satisfied with the profit

    margin. They have given some recommendations for our proposed new brand of

    patches w.r.t how the quality should be, packaging and incentives so that they can

    prefer the new brand to the customer (vulcanizer).

    Most challenging task for a researcher was to convince dealers/distributors to respond

    for questions. Researcher found out some type of biasing while they were responding

    and some regret to give the details of their business and responded by specifying that

    they never entertain such activities.

    Lot of local brands of patches are available in the market, especially for tyre category,

    it is maximum.

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    6.2 K EY F INDINGS & FEEDBACK FROM DEALERS , V ULCANIZERS INB ELGAUM CITY

    Organised sector has a very systematic supply chain network of procuring patches,

    retreading materials and other related products. Researcher was given an opportunity

    in MRF Pretreads to know how the process undertaken in there factory & discussed

    with the vulcanizers who do it professionally in MRF, Tyre Sol, TVS tread Sundaram

    Industries.

    Researcher visited Mahant Industries who produces tread rubber, tyre and tube

    patches, solution, bonding gum and other rubber products, but there market for

    patches is limited to Belgaum, Goa and some part of Maharashtra only. Even in these

    cities they are struggling to gain market share, but they are the one of the big suppliers

    of tread rubber in the retreading industries in India.

    It was surprising in the market survey that even Duplicate patches are available with

    dealers and vulcanizers. Duplicates can be identified which are alphabetically

    misspelt like OMNI as OMINI and BEST as BEAST etc are available, its price is half

    the original branded patch. Vulcanizers from rural and who wanted high profit margin

    buy these duplicate patches. This is threat to the branded rubber patches, for a

    Branded tyre patch (8 No) it costs Rs 80, but duplicate cost around 25-35 Rs.Vulcanizers from Rural dont care about the quality of patch; they just look at the

    profit margin. Vulcanizers of Organized and urban area are more careful about the

    quality, profit and quality of work they do.

    Even major brands do not supply in sets (Both vulcanizing solution and patch). They

    are sold separately.

    6.3 K EY F INDINGS & FEEDBACK FROM DEALERS , V ULCANIZERS INH OSPET CITY

    Vulcanizers are very busy in their work during mining season. At that period they buy

    more no of patches and other rubber products etc. So at this time Patches are fast

    moving and vulcanizers keep in stock.

    Here also in Hospet duplicate patches are available.

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    Major retailers/Wholesalers of rubber patches bring the stock from Hubli & Mumbai.

    Patches are been supplied by the Middle men to these dealers here in Hospet. They

    are very unhappy with the current market situation, due to lot of competition, lot of

    pre-investment in rubber products, no credit period etc. Many Tyre Dealers keep these

    patches as side products along with tube, tyres etc.

    Many Vulcanizers use Sheet of different brands which are easy and they say it is cost

    effective.

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    Chapter VII Competitors Analysis

    7.1 I NTRODUCTION For any business, there is always a set of players who control the market. Any firm which

    wants to enter into a business must understand those players to make plans accordingly. In

    tube & tyre repair market too there are a number of well-established and experienced players.

    Chart (n): The market share of the competitors in the surveyed market

    The pie chart shows that the majority, i.e. 64% of the market share is covered by the OMNI

    Brand (Unipatch Rubber Limited, Delhi) for tube patches. For the tyre patches there is no

    such market leader, so there is lot of opportunity in tyre patches. Kwik brand has 67% of

    market share in tubeless patches (strips) and Omni has 24% of market share in this product

    category. Others include all the local brands, duplicates etc.

    7.2 U NIPATCH R UBBER L IMITED (OMNI)

    Business Aspects Related Information

    1. Business Type Exporter, Manufacturer, Supplier

    B2B and B2C Segments

    Retail sales through a network of over 350 Distributors

    OMNI64%

    Others(5)36%

    Tube Patches

    NoName32%

    OMNI23%

    Fix It18%

    Diamond18%

    Others(4)9%

    Tyre Patches

    Kwik67%

    OMNI24%

    Others(3)9%

    Tubeless strips

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    & 6000 Dealers Institutional sales to buyers like Indian Army, Maruti

    Suzuki, Ashok Leyland, Tata Motors etc.

    Tyre companies like Michelin, Bridgestone, Apollo,Apollo International

    Government Sales to State Transport Undertakings like

    Delhi Transport Corporation, APSRTC etc

    2. Year of

    Establishment

    1983

    3. Product Range Tyre & Tube repair patches Solvents & Adhesives Retreading material Allied Tools & Accessories Curing Bags, Envelopes, Tubes and Flaps

    4. Standard

    Certification

    ISO 9001:2008

    5. Export Markets East Africa, Middle East, SAARC Region & other

    neighbouring countries

    6. Technology

    Adopted

    Latest ECC v6.0 enterprise resource planning software from

    SAP to seamlessly integrate our operations across three manufacturing facilities with the latest state of

    the art technology an in-house R&D centre 21 sales offices across India

    7. Manufacturing

    Facilities

    Bhiwadi (Rajasthan) Gwalior( Madhya Pradesh) Nalagarh(Himachal Pradesh)

    These facilities employ a total manpower of over 600 workers

    and are equipped with the state of art machinery and tools. Each

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    plant has a fully equipped testing lab, headed by an experienced

    rubber technologist.

    8. Partners Tech International, USA ( In-house R & D Support)

    9. Sales &

    Distribution

    The Indian Market is divided into 4 zones, with each zone

    headed by an Area Manager, who reports to the GM (Sales).

    The Global Market is divided in regions with the region sales

    head reporting to the GM (Exports).

    North Branch: Based at New Delhi it covers the states

    of Jammu & Kashmir, Himachal Pradesh, Punjab,Haryana, Rajasthan, Delhi, Uttar Pradesh and

    Uttrakhand.

    East Branch: Based at Kolkata (West Bengal), it covers

    the states of West Bengal, Orissa, Bihar, Jharkhand and

    the North Eastern states comprising Sikkim, Assam,

    Arunachal Pradesh, Nagaland, Meghalaya, Manipur and

    Tripura. West Branch: Based at Mumbai (Maharashtra) , it

    covers the states of Gujarat, Maharashtra, Madhya

    Pradesh, Chhattisgarh, Goa, Daman & Diu.

    South Branch: Based at Bengaluru, it covers the states

    of Tamil Nadu, Karnataka, Kerala, Andhra Pradesh and

    Pondicherry.

    7.3 K WIK PATCH LIMITED , C HENNAI

    Business Aspects Related Information

    1. Business Type Manufacturer, Supplier and Exporter

    2. Year of

    Establishment

    1987

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    3. Product Range Tyre Puncture Tools & Accessories Puncture Tyre Repair Machine Tubeless Tyre Repair Patches

    OTR Tyre Repair Patches Tyre Plug Repair Patches Tyre Retreading Tools Conveyor Belt Repair Patches Tyre Repair String Tyre Chemicals Wheel Weight Precured Tread Rubber

    4. Standard

    Certification

    ISO 9001:2008 certified

    5. Export Markets Sri Lanka, Malaysia, Singapore, Indonesia, Thailand, Hong

    Kong, China, Middle East, Africa, Vietnam and South

    America in addition to INDIA.

    6. Technology

    Adopted

    Modern machinery and technology in all their

    manufacturing units.

    Qualified and trained personnel ensure best quality

    products.

    Rigorous inspection and testing procedures Constant feedback from collaborators.

    7.

    ManufacturingFacilities Guindy, Chennai

    8. Partners Joint venture with Patch Rubber Company

    (www.patchrubber.com) which is a division of the US $ 1.1 B

    Myers Industries of USA (www.myersind.com).

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    9. Sales &

    Distribution

    Strong distribution channel i.e. Capable of supplying all the

    requirements for retreading and repairing of tyres / tubes /

    wheels. Kwik products are widely distributed in all parts of

    India including State Transport Undertakings.

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    Chapter VIII Results and Discussion

    The research has resulted in the following outcomes which will help the organization in not

    only understanding the market but also in designing the strategy for introducing Mypol

    patches for tube, tyre and tubeless tyres.

    8.1 SWOT A NALYSIS External Environment

    Opportunities

    Potential to become market leader by increasing brand awareness of Mypol patches. Very huge tube and tyre repair market

    Threats

    Local and experienced players in the market Duplicate patches of well-known brands which are available at low cost. More than 60% of market share of OMNI.

    Internal Environment

    Strengths

    Business Experience Brand value Financial Strength World Class Production Commitment on high quality products.

    Market leader in butyl tubes Human Capital Strong distribution network.

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    8.2 I MPORTANT F INDINGS

    Price

    Respondents are satisfied the price of the current branded patches. To gain initial

    foothold in the market it is recommended to launch a product with 2-5% discount

    compared to the competitors prices to gain fast response of the price sensitive

    customers.

    Market Response

    With approx. average 50% of the customers for all the three regions responding

    positively and not sure to a new supplier, it is the best time to take advantage of the

    optimism among the customers.

    Brand

    Mypol needs to take advantage of its brand value by focusing on this market. This

    market promise huge scope and premium pricing for the brands.

    8.3 R ECOMMENDATIONS

    Initially concentrate on south regions where company has its strong operations.

    Initially push strategy seems to work where people from the company can go and visit

    vulcanizers and dealers, give them product at a discounted price or some initially free

    sample to try. Peer influence in deciding the brand is significant. Later get them

    connected to the dealer who can provide them the product whenever they want.

    Do a detailed study on the strategy, product launch promotional techniques and

    distribution channel of the competitors.

    Promotional activities involve organizing events for dealers and

    vulcanizers/mechanics and provide them the tools, patches, supply patches along with

    Mypol tubes and other related products, because they are interested to come only if

    they get any advantage and also some other promotional activities done by the

    company like giving dairy, key chain, wall clock etc.

    Credit facilities seem to play an important role, but now no company gives credit to

    the dealers so dealers look only for discounts. So company should try to extend its

    credit period or giving discounts after analysing the cash flow of the company.

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    8.4 C OMPETITION & S TRATEGY

    The competition in any business can be segmented in the following classes:-

    Market leader:

    It is the company which commands the majority share of the market. It has high brand value

    and charge premiums for it. It has efficient and effective production, marketing and

    distribution channels.

    Market Challenger:

    It is the company which holds second largest share in the market. It has plans to topple the

    market leader.

    Market Followers:

    They wish to maintain their market share and not rock the boat. The hypothetical market

    structure classifies the competitors in the following segments:

    Initially it is recommended that in order to enter this market and keeping in mind the

    strengths and weaknesses of Mypol, to aim to be a market follower. This will help it to gain

    strong footholds in the market at first. In the latter stage, that is after gaining experience in

    the market the company can target to be a market challenger.

    Now, the following strategy is recommended as a market follower:

    Market Penetration Approach Make people Try

    Focusing on growth strategy by emphasizing current products in current markets, because

    thoroughly developing and exploiting the knowledge and expertise in a specific market with

    known products.

    Offering incentives for increased use: Attracting your competitors customers: You lure

    customers away from your competitors by establishing differentiation between yourself and

    them, increasing advertising efforts, or cutting your prices.

    OMNIMarket Leader

    Kwik, BondMarket Challenger

    Pearl,Vultec,Mahant,Best etcMarket Follower

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    Attract nonusers to buy your products: This process can be done by offering trial uses of

    products, adjusting the price up or down, and promoting other uses to attract these customers.

    (mystrategicplan)

    Innovative Imitation:

    Theodore Levitt highlighted the concept of innovative imitation. This strategy of product

    imitation might be as profitable as a strategy of product innovation. The interested firm can

    study the product of the leader and make some improvements and launch in the market. This

    calls for experimenting with the product of the competitors. It calls for using the strengths of

    R&D department.

    Now in the second stage, the company can target to be a market challenger and follow the

    following strategy:-

    Frontal Attack: In this strategy the attacker matches its opponents product,

    advertising, pricing and distribution. The principle of force says that the side with the

    greater resource will win.

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    B IBLIOGRAPHY

    Dictionary, A. (n.d.). http://www.marketingpower.com/. Retrieved from

    http://www.marketingpower.com/_layouts/dictionary.aspx?dletter=m

    DNA. (n.d.). Retrieved from http://www.dnaindia.com/pune/1816794/report-soon-city-vehicle-population-to-

    cross-35-l-mark

    http://www.entrepreneur.com . (n.d.). Retrieved from entrepreneur:

    http://www.entrepreneur.com/encyclopedia/market-research

    Indiatimes. (n.d.). Retrieved from http://articles.timesofindia.indiatimes.com/2013-03-

    21/pune/37901879_1_pune-district-pune-office-pune-scores

    Kotler, P. (2012). Marketing management. In 13th Edition. Pearson.

    Kwik patch . (n.d.). Retrieved 06 2013, from

    http://www.google.co.in/url?sa=t&rct=j&q=kwik%20patches&source=web&cd=1&cad=rja&ved=0CCk

    QFjAA&url=http%3A%2F%2Fwww.kwikpatch.com%2F&ei=LNbGUc7GOMGIrQem2oDACA&usg=AFQjC

    NEvSfrw33FGsCXiCOF2vEv7v1bqaQ&bvm=bv.48293060,d.bmk

    mystrategicplan. (n.d.). Retrieved from http://mystrategicplan.com:

    http://mystrategicplan.com/resources/choosing-a-market-penetration-

    strategy/#sthash.zyh78Xmj.dpuf

    OMNI. (n.d.). unipatch . Retrieved from www.unipatch.com: http://www.unipatch.com/home.html

    Rubber patches . (n.d.). Retrieved 06 2013, from http://www.patchrubber.com/tire_repair/index.html

    Rubin, L. a. (2011). Statistics for Management. Pearson.

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    APPENDIX

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    QUESTIONNAIRE FOR VULCANIZERS/ PUNCTURE SHOP MECHANIC

    Name of the shop ________________________ Name of the Person ________________________________

    Age ______ Experience (In Yrs.) ______ Contact No ___________________ Area_________________

    1. Are you a Mechanic Vulcanizer Both

    2. What kind of vehicles you do the patches work?

    2 wheelers 3 Wheelers 4 Wheelers >4 Wheelers

    3. Will you do the repair (Patch Work) for

    Tube Tyre Tubeless All

    4. Which do you think will have more demand in near future?

    Tube & Tyre patches Tubeless patches

    5. Would you prefer

    Local rubber patches Branded rubber patches

    If Local Rubber Patches, What do u prefer while buying these (please )

    Cost Packaging

    Easily Available Quantity

    Traditional method (tube rubber) Quality

    Others, Please Specify

    If Branded rubber patches, which brand you are using now?

    Tubes Tyres Tubeless

    6. Why do prefer these brands? { Rate (1) Least Important (2) Neutral (3) Important (4) Very

    Important }

    Attributes 1 2 3 4

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    Price

    Quality

    Ease of Availability

    Packaging

    Size Availability

    Others, please Specify

    7. What is maximum Price range, you would prefer while buying patches?

    Tubes Tyres Tubeless

    8. Are You Satisfied with the Price level of the patches and its quality? {1. Not Satisfied 2. Neutral 3.Satisfied}

    Tubes Tyres Tubeless

    9. Why do Patches Fail ?

    10. What factors/features are more important for Patches?

    1.

    2.

    3.

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    11. How many punchers do you repair daily?

    No. of punchers Tubes Tyres Tubeless

    < 5

    5-10

    11-20

    21-40

    >40

    12. What are the charges for carrying out an activity of repairing a puncture?

    Type of vehicle Tubes Tyres Tubeless tyres

    Bicycle

    Scooter/Autos

    Bike

    Car

    Bus/ truck

    13. What are the sizes and shape of patches most preferred and fast moving?

    (1) Less used (2) moderately used (3) Mostly used

    Shapes and Sizes 1 2 3

    Dimensions & Observations :

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    14. Would you prefer using Whole patch sheet? Yes ( ) No ( )

    Why? ___________________________________________________________________________________

    15. Do you use same brand of bonding gum/vulcanizing Cement for the same branded patches?

    Yes No Sometimes

    If Yes, _________________________________________________

    If No, __________________________________________________

    16. Where do you buy patches?

    Retailers Wholesale Dealers Others _______________

    Address:

    17. If new brand coming up with the entire feature you mentioned above. Would you prefer buying it?

    Response Tubes Tyres Tubeless

    Yes / No / Not Sure

    Response

    18. In which season you get more no. of punctures to be repaired?

    March-June July-November December-February

    19. Rank the vehicles in terms of frequency of punctures (1-being most no. of times and 3- being the lowest)?

    Bicycle Scooter Bike Car Bus/truck

    20. What is the price per box/pouch or per piece?

    Tube Tyre Tubeless

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    21. How many boxes of patches you buy every month?

    Tube Tyre Tubeless

    22. How many pieces are there in each box?

    Tube Tyre Tubeless

    23. Are the patches being supplied along with vulcanizing cement/Bonding gum? YES ( ) NO ( )

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    QUESTIONNAIRE FOR RETAILERS AND DEALERS

    Name of the Shop ______________________________ Name of the Person ___________________________Age ______ Establishment _______ Contact No ___________________ Area_________________________

    1. Are you Retailers Wholesalers Both

    2. Which brands of Patches do you have currently?Tubes Tyres Tubeless

    3. Which brand of patch do you prefer the most to the customer?Tubes Tyres Tubeless

    4. Which is the Customer Brand Preference?Tubes Tyres Tubeless

    5. What are the Complaints you get from the Customers regarding the Rubber Patches?

    6. What are the reasons for preferring some specific brand? {1. Least imp 2. Moderately Imp 3. Mostimp}

    Reasons Rate

    1 2 3

    Price

    Quality

    Availability

    Packaging

    Range

    Replacement

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    7. What is the selling price for patches?Tubes Tyres Tubeless

    8. What does a customer looks for while buying a repair patch? {1.Least imp 2. Moderately Imp 3. VeryImp }Reasons For tubes For normal tyres For tubeless tyres

    Price

    Quality

    Availability

    Packaging

    Range

    Replacement

    Others(mention)

    9. How many Patches do you sell each month? (Approx., or which sold Most?)Tyre Patches Tube Patches Tubeless Patches

    10. Do Customer Seek your suggestion as to the brand they can buy? Yes ( ) No ( )If yes, Then How many Percentage (%) _____________

    11. Please rank the major factors that you take into considerations for stocking patches? Note: 1. High 2. Medium 3. Low

    Customer Demand __ Availability __ Packaging __

    Profit Margin __ Incentives __ Performance __Advertisement __ Brand Awareness __ Credit Period __

    12. What offers and Support from the manufactures that influences your purchase of new brand?1

    2

    3

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    13. R u satisfied with the profit Margin/ Current Sales for Patches? {1. Dissatisfy 2. Neutral 3. Satisfy 4.Highly Satisfy}

    For Tube Tyre Tubeless


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