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heating mechanism
ferromagnetic plating.
mechanism thus is a effective way to curb Co2 emission. As the prices of LPG cylinders are proposed to rise deliberately thus,cooktops are finding its way to kitchens
Disadvantages
Cost Special cookware
Availability
Need of electricity Complicated Handling
Advantages
Efficiency: induction cooking is about 90% efficient, compared
to electric and gas cooking that have 47% and 40% energy efficiency rating respectively.
Disadvantages
Cost: Typically, induction cookware is more expensive
than gas or electric ranges
Special cookware: Induction can heat food only through pans made of steel or iron. Availability : New idea thus availability is not satisfactory Need of Electricity:Cannot be used unless electricity Complicated Handlings Basic level knowledge is required for operating
WORLD LEADERS OF mechanism. COOKTOP MANUFACTURERS As we all know the price of LPG cylinders has proposed to increase drastically thus, it is finding its way to kitchens.
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Started way back in 1984 with a production IntroductionJ N Agarwal is touted as Of Jaipan under leadership of Industries one of the manufacturers of home appliances
and non-stick cookwares today At a later stage it introduced its brand Jaipan to have global vision Today Jaipan is competing with giants like Philips, Bajaj, etc., producing good quality home appliances at economical rates
In the first phase of the diagram a clear increase in the turnover of the
Jaipan cooktops can be seen. The customers having brand loyalty for brand Jaipanpurchased the cooktops when introduced ,cause it showed good performance regarding its other home appliances. In the second phase of the diagram between 1st year and 2nd rate of increase in total sale of cooktops though increased but the rate has slowed down. Hike in old(already used jaipan products) customers ,but no addition to new line of customers
In the 3rd stage stagnancy shown. Because the market of old customers has got saturated
In the 4th stage or the current stage a sharp decline can be seen in turnover Strong competitors offering great deals Lack of promotion and initiative Lack of proper proper market segentation
QUESTIONNAIRE
A. What is the medium of cooking you are using? Gas
Microwave Induction cooker Stove other A. Are you preffering electronic medium of cooking? B. Have you ever used induction cookers? Yes/no C. If yes, How would you rank Jaipan cookers among Prestige Bajaj Pigeon Philips Jaipan Havells
cooker is a fairly new concept. Insufficient data due to smaller fan base (consumers). Unnoticed presence of jaipan induction range. No direct source for queries. Non-responsive contacts
Findings
S.R.Electronics of Dunlop had two complaint cases in just one month 1. Induction cooker was not giving the desired temperature. 2. The cooling fan was generating noise. Kundu kitchenware of Dumdum had a single complaint regarding the display of the unit (blinking). Bigbazar howrah had few cases of excessive energy consumption
Good Feedbacks
User Friendly- jaipan products are easy to
others.
Demostration
Market Segmentation
Business strategies
Quality improvement
Demostration
FREE DEMOSTRATION : Through trade fair Roadside Shopping malls Door to door Advertisement E media Pamphlets Hoarding Advertisement in between daily soaps
purchase of cooktops
Bussiness Strategies
Tie ups with maintanence companies
companies
MARKET SEGMENTATION
Income groups Demographic segmentation
High Low High temp Low temp Transferable Non transferable
Types of job
AGE
Young Old
INNOVATION
Technology to convert solar energy into
electrical energy. Which will lead to minimization of operating cost. Again it will increase accessibility of Jaipan cook tops. Development of technology which will facilate charging facilities so that it can be carried to distant places.
areas. Exemption of transpotation cost &delivery charges. 24*7 help line Increase of warranty period